6/18/2009

The Latest Solution---Suks

I'm no total expert but allowing the fucking Federal Reserve to expand their authority is bogus. The Fed did almost as much to cause this debacle as Barney Frank. They have proven their incompetence. My suggestion? Turn it over to Hillary Clinton. Now what about the fucking rating agencies, you know the assholes who gave Bbb paper a AAA rating and have stayed out of jail thus far? It's a monopoly. Let anyone and everyone rate bonds and then the public can sort out the crooks from the corrupt. And then the fucking leverage, which used to be 12-1 and has been expanded to 40 to 1; doesn't anyone think this is a little much?

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