chinaco
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 14, 2007
- Messages
- 5,072
Brace yourselves. Personally, I would just as soon get it over with.
www.kansascity.com | 01/09/2008 | Goldman Sachs economists say recession may already be here
The problem is that if the Fed continues to cut rates too far... that is what got us where we are today. Rates are too low for too long is not a good solution. They would be better off letting the system purge itself.
I am all for prosecuting some of the (individual CEOs and Officers) opportunist at the banks and mortgage companies that created the sub-prime mess. They knew exactly what would happen. Unleash the federal pit bull (Justice Department) on them and ruin them financially and personally for their flagrant misdeeds... Send a message. "You ruin us (the well being of the country)... we will ruin you." Get the IRS to turn over every rock until they find something.
www.kansascity.com | 01/09/2008 | Goldman Sachs economists say recession may already be here
The problem is that if the Fed continues to cut rates too far... that is what got us where we are today. Rates are too low for too long is not a good solution. They would be better off letting the system purge itself.
I am all for prosecuting some of the (individual CEOs and Officers) opportunist at the banks and mortgage companies that created the sub-prime mess. They knew exactly what would happen. Unleash the federal pit bull (Justice Department) on them and ruin them financially and personally for their flagrant misdeeds... Send a message. "You ruin us (the well being of the country)... we will ruin you." Get the IRS to turn over every rock until they find something.