I just got the TARP bill. Some in Congress hope to torpedo this bill but I don't think they can succeed since the top people want it passed no matter how unpopular it is. Each opponent is given one minute to register their ire. Maybe yelling, 'YOU WILL BE SORRY!' should be used? Well, it will pass like all the other Hail Mary passes thrown by the central banks, the leaders and the legislators have worked: not at all. For far from probing what is wrong, they are throwing a tarp over the burning bank business in the hopes this will smother the whole mess. It won't work. And that is due to the fact, the Derivatives Beast is bigger than the banks.

Recent Comments