Quote:
Originally Posted by ryan1234
FRB acting responsible is almost an oxymoron, however I see your point. I would contend that it was monetary policy that gave license for such reckless fiscal policy. Perhaps the only answer now is to let the banks fail. We are at the point of no return, we have made decisions and we will need to pay for those consequences now rather than put them off.
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Unfortunately we have a bad habit of putting things off until it becomes a crisis and I would expect this mentallity to continue due to our history in this country of not stepping up to the plate .