the first sentence says"there has been a lot of chatter over the last year about the governments involvement in the equity markets"
what the hell was going on in 07 when in july short sale rules were changed after 70 years, and then to follow up with a change in accounting rules in 70 years...sounds to me like a bunch of stupid lawmakers decided that the interest rates had been left low for too long,which heated up commodities to the extreme,and bwalah, end of bubble. how the hell could greenspan sit there and say inflation was in check? greenspan,summers, roubin need to get on the stand and answer some questions!!! and in the overall picture the chips were left to fall with the taxpayers fronting the current cost,along with generations in the future. so my hat is off to the irish w/as of the 26th the ec decided to ok their bad banks in lieu of i believe common stock over a 10 year time frame. u could say politics as usual, but we all know the stats don't we?
