The natural progress of things is for government to gain ground and for liberty to yield.

- Thomas Jefferson

New Bubble?

Time to leverage up a bubble:

The head of the FDIC said Tuesday the government needs to devise an "exit strategy" for its massive financial rescue plan to avoid artificially propping up banks and other institutions over the long term.

At least she knows where we are heading.

Bubble Index may have had it right:

Our call for the moment: the hottest bubble is government bailout. [Read]

You think the road is bumpy with the deleveraging going on now, wait until the government has to deleverage.

posted at 18:12:54 on 12/02/08 by clearpolitics - Category: Economics - [Permalink]

Previous | Next


No comments yet

Add Comments

This item is closed, it's not possible to add new comments to it or to vote on it


Please visit our sponsors:

Please visit our sponsors:

The Gross National Debt