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View Diary: Regulation is born from fire (82 comments)

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  •  whats even worse (9+ / 0-)

    the fed is actively creating a new bubble, all while screwing the middle class savers.  You cant conservatively save in this county right now.  Saving accounts, and so forth give almost no return and this is by design.  They are fucking us over.  The fed and QE and QE2 are blatantly giving investors no other options other than the bullshit market.
    Its also why commodities such as food and energy are so hgh, there is no real conservative places to put money.  SO either you gamble it in the ponzi scheme that is wall strreet or you sit in cash.

    ..and yet NO ONE is reporting about this.  

    Problem with financial reporting is, most dont understand or financial system,  I mean if you graduate with a journalism degree, you dont know the first damn thing and about finance.

    Bad is never good until worse happens

    by dark daze on Sun Mar 06, 2011 at 07:30:54 PM PST

    •  You're dead on, dark daze (4+ / 0-)
      Recommended by:
      salmo, cybersaur, cai, DawnN

      And it's why most Americans are clueless, and either forgive the guilty parties or blame the wrong things. So, we get bullshit like "the financial problem was poor people got houses" and "pensions are bad" and "let's kill the unions" and "let's privatize the schools!" and "hey, why don't we sell the toll road and the parking meters to private, profit-seeking companies."

      The banks are insolvent.
      The rich care not, and the very rich are delighted.
      The people are being made to pay.

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