Have you heard some rumors using a figure of $700 billion? You didn’t forget Fannie and Freddie and Bear Stearns and AIG did you? That was somewhere in the neighborhood of $315 billion, even before the other number started getting all of the attention.
So, let’s just round all of this off at a trillion dollars. [...]

[Read more →]

Maybe you’ve heard the plaintive cries: get the government off of our backs (except in the bedroom and on the phone and the net). The ones shedding the tears can’t understand why sane people don’t acknowledge them as prophets and sages. The simple truths are so obvious. Simple? Yes. Obvious? Hardly.
Deregulation is just one of [...]

[Read more →]