I strongly recommend reading this, an explanation by a noted economist of why the nationalization of AIG was unnecessary -- there were alternatives (which were legal, unlike the dubious course chosen by Paulson and Bernanke). Printed in full, with permission of the author. "The transformation of the USA into the USSRA (United Socialist State Republic … Continue reading Another voice warning about the nationalization of AIG
America is changing while we debate the minutia of the presidential candidates' syntax and style. No conspiracies, nothing hidden. A Tonkin Gulf resolution for our generation. The Executive branch reshapes our economy in plain sight. With just a nod from Congress (no tiresome bother with debate and voting). Not only is our economy being restructured, but powerful precedents … Continue reading Say good-bye to the old America. Welcome to our new socialist paradise!