Monday, March 31, 2008
Now JP Morgan has had its free gift, it is time to load up thje taxpayer with debt
Just who are the Fed trying to kid? Do they think we are idiots? They hand JP Morgan a colossal subsidy, get rumbled for it by any member of the public who is prepared to put down their x-box or turn off reality TV shows. Now they want to saddle the taxpayer with any future bailouts and punish the bankers. I say if they want to punish the bankers lets see some of them stand trial for fraud for running reckless business models that were never meant to be sustainable.