March 31, 2008

There it is;



Ultimately, it is the only sure-fire way to stabilize the crumbling banking system and put a floor under housing prices. The effects on the dollar, however, will be catastrophic. Don't expect the greenback to survive as the world's "reserve currency". Those days are about over.
There it is; a taxpayer-funded bailout of Biblical proportions looming on the horizon, possibly as soon as 2009.


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