I think the federal government is first in line, followed closely by the states.
Democratic Munis and some shitty states are likely eating it this downturn. The fed though? See my other thread. We are the only solvent sovereign debt in the world and people the world over are lining up to hold dollars.
My real concern is that they print a shit load of money and that the "bailout" goes to those on the government's shortlist further moving us from free markets.
Comments
My real concern is that they print a shit load of money and that the "bailout" goes to those on the government's shortlist further moving us from free markets.
Fuck that guy. Your 15 minutes are up. Get the fuck out
As that asshole Abe Lincoln* said you can fool some of the people some of the time, otherwise GTFO with dat bullshit.