Today’s sub trend/lesson is … drum roll … not all Republicans/conservatives are arses and not all Democrats/Liberals are naïve fools. Moral – don’t judge a potential ally by his clothing. We’re going to need all the friends we can get to stop the turkeys to the left and the sharks on the right from really screwing up our country.
Accountability, transparency, responsibility, moral hazard are in the greater good — Ron Paul’s Bill Would Put Fed on the Hot Seat
–AFP
When the FEDury finally does slow down its spending what happens? — The temporary problem: Rolfe Winkler — Spending Money is easy … stopping is a whole lot harder
–Alibaba.com
Voices are beginning to say Whoa Nellie — Robert Scheer: Obama Is more of the same
–Appeal Democrat
Duh! Hello Congress … the power of the FEDury is a scary thing. Personally I don’t believe in benevolent rulers or the Easter Bunny — Bernanke Grilling May Weaken Case for Fed as Risk Regulator
–Bloomberg
Not everybody things banks are too big to fail — Bank of England: no bank ‘too big to fail’
–Business Week
Bill Bonner is always good to read — The Public Still Has Faith in Economists – But Why?
–Daily Reckoning
Euphemism Alert! I believe the evidently politically incorrect term is socialism — Is the Obama Administration’s Financial System Overhaul Pushing Us Toward State Capitalism?
–Money Morning
Don’t discount this liberal she could be a valuable ally in the effort to prevent what’s going on in Washington while folks quake in their boots — Arianna Huffington: We’ve Gone From Saving Wall Street in Order to Save Main Street to Just Saving Wall Street
–TheUnion.com
Well … gee … you mean bankers just make good money vs. ridiculous bags full? — Plain-Vanilla Financing Could Melt Bank Profits
–Wall Street Journal
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