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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (127078)4/16/2011 3:16:35 PM
From: Nadine Carroll1 Recommendation  Read Replies (2) | Respond to of 132070
 
Skeets, you're falling into the trap of making the behavior of a very complex system sound like it was the execution of some monolithic plan. That's not realistic.

Little as I'm inclined to let the Fed off the hook, there were many mouths enthusiastically blowing up the credit bubble and gaming the system, some of whom managed to blow themselves up along with the bubble, hardly the sign of a well-ordered plan, lol.