True that.
Here's a front page article from the SJ Merc about how Bailout Ben is flinging the taxpayer into the breach.
I was clever enough to have a decent cash position before the 2000 meltdown, but not clever enough to pull everything out of the market. To the Bear Stern employees screwed by this collapse, I have these sage words "shit happens ... be prepared".
I'm not real happy with the Fed. They're screwing people who hold cash (and the average taxpayer) to bail out people who made truly awful investment decisions. "I can has intrest on my capital, pleeze?"
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Here's a front page article from the SJ Merc about how Bailout Ben is flinging the taxpayer into the breach.
I was clever enough to have a decent cash position before the 2000 meltdown, but not clever enough to pull everything out of the market. To the Bear Stern employees screwed by this collapse, I have these sage words "shit happens ... be prepared".
I'm not real happy with the Fed. They're screwing people who hold cash (and the average taxpayer) to bail out people who made truly awful investment decisions. "I can has intrest on my capital, pleeze?"
- mark 3-20-2008 1:53 am