Warren Buffet Is Lender Of Last Resort
Well, if the ongoing proceedings in Congress are anything to go by Warren Buffet may end up as the lender of last resort after the Federal Reserve goes down; Dog only knows that I have spent 20 years pointing out that the Savings and Loans debacle was not only predictable but blindingly obvious, and that the same thing would happen all over again, with brass knobs on, if they didn’t relocate the rocket scientists to someplace where they could do less damage, like weapons research.
They didn’t, and it has…
Posted: 2nd, October 2008 | In: Money, Twitterings Comment (1) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink
Comments
Recent comments
- June on In Pictures: Herman Van Rompuy’s Pet Dalek Introduces President Iain Duncan Smith
- Cheryl on In Pictures: Herman Van Rompuy’s Pet Dalek Introduces President Iain Duncan Smith
- Cheryl on Sven Goran Eriksson: Then And Now
- Anorak on I’m A Celebrity: Naked Katie Price Becomes Kate And Jordan ‘Dies’
- Anorak on In Pictures: Herman Van Rompuy’s Pet Dalek Introduces President Iain Duncan Smith
Regular Features
October 2nd, 2008 at 11:10 am
But then you aren’t a politician x ostrich with rose tinted spex with a tendency to lurk in other politicians back passages