Here is Bailout Nation, Chapter 12: Strange Connections, Unintended Consequences:
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Bailout Nation, Chapter 12: Strange Connections, Unintended Consequences
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Money is power, & you ought to be reasonably ambitious to have it." —Russell H. Conwell, Temple Univ, 1877
"It's the end of the world as we know it and I feel fine" say the French as consumer confidence in May rose to the highest since Nov '10 as they welcome and get excited about new Pres Hollande. Also, the French 10 yr bond yield touched the lowest on record this morning. June consumer confidence in Germany held at 5.7, just .2 pts off the highest since Mar '11. To the euro bond debate which is now taking on greater rhetoric with those with high bond yields wanting them and those with low ones saying no way, ECB member...
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October 4th, 2011 at 7:24 am
[...] Bailout Nation, Chapter 12: Strange Connections, Unintended Consequences [...]
October 5th, 2011 at 11:56 am
I couldn’t agree more! The political entrenched elites (Dick Durbin, among others) spent trillions of our (we the people) money to bail out the financial entrenched elites (the banks), so they both can continue to rob and plunder our country. This will continue unabated as long as they stay in power. We the people must vote out all the Entrenched Elites (both Republican and Democrat) before they destroy our once great country. Common Sense from the Heartland – http://howardwemple.com
October 6th, 2011 at 12:52 pm
[...] An excerpt from Barry Ritholtz’s Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy on the unintended consequences of government action. (Big Picture) [...]