http://www.rollingstone.com/politics/news/the-real-housewives-of-wall-street-look-whos-cashing-in-on-the-bailout-20110411?page=1

This should be a non-partisan discussion. We're all screwed over equally.

IMHO it's all wings of the same bird. A dodo.

Grab the lube and bend over cause everyone's gonna take it no matter what happens.

Pretty much has me up in arms. This shit has got to stop.

We are all just screwed, getting screwed, or being prepared to be screwed.

And all of this is exactly why Coy and I are purchasing our first firearm together.

Any bailout is a bad idea IMO, and no company is "to big to fail". Sometimes when it hurts a little we remember hey lets not do it that way. When there is no consequence to the action that to me is the biggest issue.

i didn't read the whole article, but i didn't really need to. our government makes me want to vomit. last election, i voted against incumbants, regardless of party. we gotta flush this toilet.

While I'm sure we agree on many things MWB, I just want to remind you and everyone else what PK said. Let's keep this non-partisan and not try to get political about this topic. (Which I admit is difficult given the subject here)

We are all just screwed, getting screwed, or being prepared to be screwed.

Unfortunately, these two debts will become one and the same. I may type up a more thorough response later, but essentially the Fed will unconstitutionally roll over the debt it owes (due to its poor decisions) into the treasury and thus make it a part of the National debt. This is unconstitutional because only Congress can set the budget, which does not account for the trillions of dollars the Fed would pour into the system due to Bernanke's failed policies.

THIS is also an interesting article describing how higher education is the latest bubble. My economics professor discussed this in my class last week. He basically told the entire class that they were being scammed and that it wasn't even within his best interests to tell them because he was reaping the benefits of it. But tuition rates have consistently grown much larger than they should have (~7% annually). Any younger forum users about to go or are in college should read this article.

We are all just screwed, getting screwed, or being prepared to be screwed.

Precisely.

Nice read TK, but my rant on the higher education system probably belongs in another thread.