Monday, September 22, 2008

Who's REALLY At Fault?

Already the verbiage over the $700 billion bailout of Wall Street has begun, and as is to be expected it is nauseating. As expected the "Wall Street fatcats" fall guy is being dredged up, but it requries a closer examination of that angle. Also, one should check this roundup of the Wall Street mess including the Congressional exculpatory fable being peddled about mortgages - see also this look at the Freddie Mac/Fannie Mae debacles.

Amid a lot of MSM panic, the old class-war cliches liable to be peddled if they aren't already get another factual beating.

No comments: