now we bail out mutual funds because they more or less put money in
what was supposed to be "safe" investments.
I called it the great ponzi scheme for years.
It's legal because the fed backs it and ensures it doesn't completely
fail.
Meanwhile, the schmucks who invested in regular stocks, bonds and what
not, have seen 15 years of 401k savings wiped out. College funds - poof.
But the backbone of the system is going to be restored while the polys
scream for votes and some will spend tons and tons of money just to
have the face or name seen on tv, print or the radio.
democrat or repub - it's all about the money.
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