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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Gib Bogle who wrote (104988)	9/11/2009 12:30:14 PM
From: NOW	Read Replies (1) \| Respond to of 110194

i dont think the folk at GS are out to destroy the middle class: i think they dont give a rats ass: moreover, they are the same folks who could not see the crisis brewing: you suggesting we should turn to them, or O should?

To: Gib Bogle who wrote (104988)	9/11/2009 1:07:09 PM
From: NOW	5 Recommendations Read Replies (1) \| Respond to of 110194

As Nobel economist Joseph Stiglitz recently noted, the bureaucrats that designed this bailout are “either in the pocket of the banks or they're incompetent. It's a real redistribution and a tax on all American savers. This is a strategy trying to recreate the bubble. That's not likely to provide a long-run solution. It's a solution that says let's kick the can down the road a little bit. They haven't thought enough about the determinants of the flow of credit and lending.” What exactly is your point anyhow? obama apologists seem to get so tangled up in their own confusion, it makes me dizzy