I, like many, have been wondering why there was this huge rush by Paulson and Bernanke to push this bailout package....and why $700 Billion... And...why would all of these Senators and Congressman pass such an obviously horrid bill filled with stench...that nobody wants....but had to vote for.... The answer is this guy is right...is pretty scarey....and it does make sense... London Banker: Brad Setser: Extraordinary Times
Just a follow up to the piece above....and equally scarey... Reality Lenses: The Black Swan & The Fed
