If I were a conspiracy nut, I’d look at all the news stories from around the world where governments, including our own (formerly “of the people” now “of the oligarchs”) are using the cover of a “bail-out” to “rescue” (i.e. buy up mortagages) at unprecedented lowball prices in a once in a millenia opportunity to take control of all real assets of all the nations of the world in the name of global socialism and then plant the knife squarely in the back of their serfs (formerly taxpayers, now landed poor) with the bill.
Pretty slick, but fortunately I’m no nut.
Applying Ocham’s razor reveals all for what it truly is: a screw up of unheard of scope and magnitude by the last three or four generations (go back as far as you need to lose the collective memory of the Panics of ‘67, ‘28, ‘07, 1872, etc.) “solved” (heh) as always by the very same people responsible (this time “Hank Paulson” and his merry band of “Krony Kapitalists” a.k.a. the Pigmen) who might take the opportunity to juice this in their favor.
That is IF the bomb doesn’t go off in their face.
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“What if the Fed., Inc. lowered the interest rate to zero, and nobody cared?” -Paco Bell
