'Every day in every way, things are getting better and better", probably misquoted from Candide by Voltaire.
The Fed says that 90 banks are in trouble. Independent observers say that the correct total is closer to 900.
Another stink bomb from Phil Gramm.
To repeat the call:
The FED has to be more proactive in bank regulation.
Failure to do so now will damage the national security of the United States.
Thursday, July 24, 2008
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