Dec 27 2006

Quote: A Candid Fed in the Last Crack-up

Published by Johannes Ernharth at 11:42 pm

“We have been living in a fool’s paradise. We face a financial crisis that is not understood by the public…, but there is no disposition on either side of the aisle in Congress to face up to the problems.”
      Fed Chairman William McChesney Martin, 1968

The more things change, the more they are the same.

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