CITYBLOGGER..PENAFIAN Laman ini tidak bertanggungjawab atas hasil penulisan yang dipetik dari sumbe

2.7 billion wasted is chicken feed, folks. We spend that much per month in Iraq/Afghanistan. So let's not get our panties all in a bunch, shall we? That's like someone calling 911 because they lost a five-dollar bill.My suggestion is more sensible to me....distribute all those trillions to the millions in our population, after all it originates there.....then there is no need to borrow from any bank and of course we could loan the bank of our choice money ( at a nice rate of return of course after all business is business). Loans could be made to our choice of banks after they pass our initial credit check (what you failed? Oh my then you must pay double because you are a risk!!!!!).....makes more sense to me, just a thought.Not to defend "conservative" policies, but the bank bailout happened under Bush. These are not liberal or conservative policies. They are Keynesian policies and the first Great Depression should have killed them off as they were what made that crisis last so long. Both republicans and democrats love Keynesian economic theory(fallacy) because it claims that government spending and debt is just as good as private saving, spending, and investment. Of course that is a lie.

If all of the failing banks had been allowed to fail, the pain would have been great (it will of course now be FAR worse when it comes), and we would already be on the road to recovery. Instead, billions in bonuses have been handed out. Wreckless banks are still in business. Additional malinvestment has occurred, and the fall will now be from much greater heights. The Austrians of course got it right back in the 20's and 30's, accurately predicted this one, have been ignored all along, and have the only proper solution to the problems. End the Fed.