“We are going to be taxing everybody […] I think we…

“We are going to be taxing everybody […] I think we are getting close to the point where the Fed can no longer buy all the debt.” “The next couple years?”“Yes…” 

I ‘m glad that the OpEd page at NYT has finally caught up to what I

Secrets and Lies of the Bailout

Secrets and Lies of the Bailout: tetw:

by Matt Taibbi

The federal rescue of Wall Street didn’t fix the economy – it created a permanent bailout state based on a Ponzi-like confidence scheme. And the worst may be yet to come…