WELL MAYBE...
INSTEAD OF JUST BAILING OUT THE MORTGAGE INDUSTRY...
KRUGMAN SUGGESTS THAT WASHINGTON RUN AND OPERATE THE MORTGAGE INDUSTRY.
TRUTHFULLY, THE SYSTEM IS BEYOND REPAIR AND SHOULD BE ALLOWED TO FLUSH ITSELF... EVERY ATTEMPT TO STOP DISASTER...JUST CREATES A BIGGER DISASTER DOWN THE ROAD...
AMERICA HAS HAD SOCIALIZED RISK FOR A LONG TIME...AND THE PRIVATIZED GAINS WERE GIVEN TO WALL STREET FOR FREE.
THE ULTIMATE WELFARE PROGRAM FOR THE RICH...!
THE FREE LUNCH FOR THE AMERICAN ECONOMY HAS NOW ENDED...WITH A RESOUNDING CRASH.
