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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Mmmkay....

President who usurped Congressional spending authority to issue an executive order handing out hundreds of billions of dollars right before ...