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The picture of Paulson and Bernanke really sum up the nation's economic situation: http://www.nytimes.com/imagepages/2008/07/11/business/11fannie_CA0.ready.html
by jcromartie 18y ago
The picture of Paulson and Bernanke really sum up the nation's economic situation: http://www.nytimes.com/imagepages/2008/07/11/business/11fannie_CA0.ready.html http://www.nytimes.com/imagepages/2008/07/11/business/11fann...
Now I'm sitting here, in my rented apartment, with a few small and responsibly managed debts, considering a startup. At this point, I don't know what to think. If these blunders go unchecked and Mae/Mac go under, and lending in general practically disappears, then there's not a snowball's chance in hell I'll be able to do some of the things I've had in mind, like buying a home and/or starting a startup (without VC). If they bail them out then the we will be looking at massive inflation and we'll be paying for it for years to come.
I just don't know which one to support. I suppose it doesn't really matter though because, as the FISA vote shows us, Congress really gives precisely fuckall about the citizens of this country.