The Blue Dogs Roll Over - WSJ.com
Meanwhile, the media and financial commentators seem to be giving the economy a free pass - much like they did during the housing bubble.
The question is never asked: where will new jobs come from when all the money is being borrowed by government? Greece showed us what happened with Pelosi-type policies, but the press seems to prefer the 'ostrich' approach to doing the math.
And, the congressmen the other day berate Warren Buffet for not doing more to find out what is going on with the rating agencies - because, unsaid, is the fact that the government (i.e. the SEC) again failed to do its job as the regulator of these agencies. Such a double-standard!
Thursday, June 3, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment