archive <christopher AT heiser DOT net>
August 20th, 2017 Total archive posts: 984
home
archive
rss feed
heiserlink

nürburgring
for dummies
about me
public key

Let's Just Get This Over With

Stress test? How about the fact that the top five US banks have $587 billion in losses coming down the pipeline? This is more than four times the bailout money that's already gone their way.

It's intervention time. Dear Wall Street: step one is admitting that you have a problem. By any rational measurement these banks are already dead and have been so for many months. Nationalization sucks, but it is the only option. The finance system is gangrenous and each day we wait means more American jobs, business, and homes will be amputated.

by Christopher Heiser on March 10 14:47
© Copyright 1992-2017, Christopher Heiser. All rights reserved. Powered by Chlogger!