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Humpty Dumpty

March 19, 2009

Analysis of:'Bad Bank' Just One Option Considered To Save Financials | www.cnbc.com

"All the King's horses and all the King's men couldn't put Humpty together again." Federal intervention is likely unavoidable as the economic problems are largely the fault of the normal totally ineffective federal regulation. If the feds trusted the system to flush out it's own putrification, then the whole mess would be even more dramatic, but likely would be over far sooner, and the pain of loss would fall more squarely on those who made the bad investments and derserve the rewards of the risks that they chose. The government has clearly shown that it prefers to back the corporate giants rather than back the taxpayers. Too bad for us.

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