I have always thought there really isn't much difference between stupidy and fraud. Initial reactions to the bailout option shouldn't be held against either party ..they aren't thinking clearly due to the election. Bernanke should step down if for no other reason than his proclamation several weeks ago the banks had a strong cash position. Since when do we analyse cash flow versus one's balance sheet, or expense summary. Every American know's you can continue making minimum monthly payments on your credit card (keeping the cash flow positive) meantime your actual debt is increasing ..and let's not forget why they...
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Bail out and bad economics
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