Screw up, move up
The Federal Reserve helped create this huge financial mess that we have by lending money too cheaply and allowing the whole house-flipping game to be played.
How does our government plan on punishing them?
By giving them more control over financial regulation.
I am not kidding.
Paulson plans on giving the Fed more control over other banks and regulations.
At a time when we should be reducing the power of the Federal Reserve, King George is going to sell out. People who see a recession coming will gladly jump on the bandwagon because they think *someone* should fix this mess. Maybe Uncle Bernanke will promise that Santa will bring a big screen TV to everyone this Christmas.
This will bring about all kinds of changes to common sayings. For instance, the dollar will now have the saying, "In Fed we trust."
Someone sneezes. "Fed bless you."
Swearing in to testify in court. ". . . and nothing but the truth, so help you Fed."
When King George signs this thing into law. "Fed damn it!"
It was pointed out that I have missed 2 Sword Point Saturdays in a row now. I'll make up one of them tomorrow. I lose track of the days.
psst..its SUNDAY!
Posted by: mark | March 30, 2008 at 07:04 AM
I'd call you a smart ass if I didn't actually need the reminder.
Posted by: Success Warrior | March 30, 2008 at 09:07 AM
better then being a dumb one! ;P
Posted by: mark | March 31, 2008 at 06:27 AM
True. One does it on purpose.
Posted by: Success Warrior | April 01, 2008 at 10:01 PM