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congress is fleecing America
The banks have been blackmailing the congress since september 2008. I can't believe how little courage congress has shown in dealing with the bankers. The have just rolled over and caved before the election out of fear and lack of fortitude. Congress is the biggest bunch of reactionary fearful criminals ever assembled. Now they are are going to over pay the banks for their toxic assets because the banks will pout and whine and cry if we make them sell to the market. I agree 100 percent that the banks will continue to blackmail congress at the expense of the taxpayer. I can't believe what I am seeing as our representatives who know next to nothing about economics are now under a president who knows less than next to nothing about economics and we are being driven into deeper into a system that is psuedo capitalism that is removing any sense of free market from the economy. It is a sad state of affairs. http://financialrealityrevisited.blogspot.com
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banks,
congress,
stress test,
toxic