ping...just got her new book.
Highly recommend her book.
"Henry Paulson whipped up the troubled Asset Relief Program"
BS............
http://www.newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx
I don’t know why this research isn’t more quoted, even FDR’s theory that “excessive competition” had been to blame for the depression.
Why not extend TARP benefits to the Real Estate industry? We work our butts off for 25 years on straight commission building a business based on ethical principles, continuing education, and strong work ethic, then get plowed under through no fault of our own and end up with no business at all. Where’s our free handout?
Guess what; we’ll recover. And, it will not be from Govt. handouts. It will be fromo a determination to succeed. Unemployment benefits are not even available to a licensed Realtor.
Approximately 20% of the population supports the other 80%. This was true even during the Jamestown experiment, until the 20% quit their support and the whole thing collapsed. If the present 20% throws in the towel, it’s all over but the shouting.
I read her book, and it isn’t totally conservative in nature. Anyone who could write the sentence “McCarthy was wrong”, who is a member of the CFR, is suspicious to me.