Thursday, September 18, 2008

In Talking With Even Financial Folk...

People don't seem to really comprehend the magnitude of what just happened. The government has effectively nationalized huge portions of the financial industry, which in turn, can control huge portions of the rest of the economy.

This means the government - who knows what branch yet, but lets assume the executive - now has the means to carry out policies without constitutional consent and outside the normal structure of government.

No comments: