The first panacea for a mismanaged nation is inflation of the currency; second is war. Both bring a temporary (and false) prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunities.
The white house totatly put the gag on him,watched the video too,good stuff. Glad to see him not spin for the admin. like the other weasels. There's just no room for common sense or cents anymore. I'd like to hear what he really thinks should be done.
Mr. Volcker is widely known to dislike deficits and the weak dollar, and he reportedly wants to have banking institutions move away from taking on risks, like investment banks and other more exotic parts of the business.
That hissing sound is either the American public...or it's the debt time bomb that's about to explode. Or both.
The Silencing of Paul Volcker?
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Posted - 11/05/2009 : 21:47:10
