[SoFloFreeper]

Uh, I think Obama got his ass kicked in Massachusetts and is trying to change the subject. Denniger is wrong. Perhaps Denniger would like Obama to look through HIS checkbook and determine whether Denniger is spending HIS OWN MONEY in the way Obama approves.

I bet Karl would not like that.

Volcker’s support does not impress me....what this proposal is amounts to the government determining what the private sector can invest in. The bailouts were wrong, and so is this proposal.

[wmposh]

Volcker was Jimmy Carter’s Fed Chairman and after the election of Reagan which was a peoples revolt they changed coarce together. The people where right then with Ronald Reagan, what does common sense say? Did Volcker really believe Reagans policy did he really believe in Carter policy

[Bloody Sam Roberts]

The bailouts were wrong, and so is this proposal.

Indeed. I usually like Denninger's analyes but this one isn't right.

Two wrongs do not make a right. This will always be true.