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the U.S. government needs to be stopped

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These people (the U.S. government) need to be stopped. Every time we get ourselves into an economic mess, there’s usually some milestone idiocy we can point back to as the government action that made the meltdown inevitable.

Take the current housing crisis that has now spread to the financial markets in general. The cause was too-easy credit that fueled a massive increase in housing prices as people bought houses they couldn’t afford with mortgages they weren’t able to pay off. …

How The U.S. Government Engineered The Current Economic Crisis – TechCrunch

Written by rickmc

September 26, 2008 at 11:21 pm

Posted in economics, government

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