http://www.keywestlou.com/2009/11/good-morning-world-up-and-at-em-its.html
My Life in Key West
Tuesday, November 10, 2009
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The economic failures of 2008 can be laid largely at their doorstep.
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No, I respectfully disagree. The failure is entirely do to the congress critters. imho!
CRA, and the corruption of campaign contributions is the proximate cause.
Going back a little, the FED’s creation in 1913 and FDR’s taking us off the gold standard allowed the expansion of the Federal Gooferment without any constraint. What we are seeing now is the same as the coin shaving of the various Louis’s of France.
(I saw an exhibit of the French Fran in the Smithsonian in the 1970’s that brought it into focus. The first franc was a hockey puck of gold; the last one a thin shirt collar button.)
Moral of the story: the bankers and their supposed “regulators” are the creation of and puppets of the congress critters. They should be in jail. And we all should have our heads examined for letting them to get away with it!
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Reinke Faces Life 