Fannie and Freddie, Not Financial Sector to Blame By Monty Pelerin , posted January 3rd, 2010 http://www.economicnoise.com/2010/01/03/fannie-and-freddie-not-financial-sector-to-blame/ Corruption, Ineptness and Duplicity — The Description of Washington, DC For anyone still under the delusion that...
Looking back at my childhood in communist Romania I remember the respect towards authority that was instilled in all of us. Yes, I grew up in a system where the authority was always above everyone else, they were never wrong no matter the circumstance and we had the right to keep our mouth shut and never...
It has become unfashionable in some circles to speak out against the rich. Of course it is a hobby on the left, and it is not at all uncommon for a wealthy congressman or actor to rail against excess, such as former South Carolina Senator Ernest Hollings’, famous statement that, “There’s...
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Thu, Jan 1 2009
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Filed under: Bail out, Bailout, fraud, socialism, theft, corruption, Communism, toxic loans, mortage crisis, capitalism, fascism, government