Why Is Benny The B Afraid Of The Man Who Got It Right?????
April 04, 2010
– Comments (6)
Instead, our leaders in Washington either willfully or ignorantly aided and abetted the bubble. And even when the full extent of the financial crisis became painfully clear early in 2007, the Federal Reserve chairman, the Treasury secretary, the president and senior members of Congress repeatedly underestimated the severity of the problem, ultimately leaving themselves with only one policy tool — the epic and unfair taxpayer-financed bailouts. Now, in exchange for that extra year or two of consumer bliss we all enjoyed, our children and our children’s children will suffer terrible financial consequences.
http://www.nytimes.com/2010/04/04/opinion/04burry.html?pagewanted=2&hp
IT HAS ALREADY BEEN A YEAR.....
As our politicians and Wall Street executives suck huge salaries while filling our pension/retirement/and investment accounts with more and more toxic debt.....until the money runs out.
http://www.zerohedge.com/article/michael-burry-demolishes-feds-self-perceived-infalliblity-discusses-cost-extend-and-pretend
Maybe Benny The B is afraid what is going to happen if the Fools find out their savings is simply a collection of toxic investments????
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