8.30.2009

Too bigger to fail

If the solution to a crisis caused by excess consumption, asset bubbles, and too much debt is more excess consumption, more asset bubbles, and more debt...

then the solution to "too big to fail" must be to make the bad banks even bigger!

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Gavin Newsom's executive order contradicts his public statements

Gavin Newsom's insane new executive order commands Californians to stay in their homes "until further notice" "except as...