17 September 2008

Harry Reid Says Congress Won't Act on Markets

Because quote, "NO ONE KNOWS WHAT TO DO."
At least they're being honest. I was aghast during the Bernanke's testimony before congress in July 2007 when no one addressed the looming crisis in the credit default swap market and I realized that I, with no formal economic training, knew more than members of congress did. That being said, I think that these days we're getting more or less equal.

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