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Paulson: Financial Oversight Overhaul Needed
 
Published by kidmercuryblog
03-31-2008

Paulson: Financial Oversight Overhaul Needed

This is why it is so critical to understand the cause of this problem, which is the inflated money supply and junk debt that resulted largely from the Fed's mismanagement -- particularly Greenspan's horrifying policies. Here is a nice article on Greenspan, and how his policies created much of these problems.

But we know how government criminals work: they manufacture the problem, so that they can sell the solution (more government regulation and centralization). -- KM


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Over time, the Fed would eventually take on the job of ensuring overall market stability

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