You tell me how that differs from what the US government is doing with Fannie and Freddie. Sure, there’s one main difference with Lehman and Bank of America: the scale of creative accounting/fraud. $4.4 trillion is real money. … Is that truly in the best interest of the citizens of the country, or does it in truth only scam those citizens ever more for the benefit of an elite that isn’t even clever enough to not lose bigtime at the nation’s crap tables? …

Continued here:
Economics – July 16 | Energy Bulletin