Oct 02 2008
Confidence Game or Incompetence Display: Bernanke, Paulson, Bush Video
Here’s a nice video of the authorities cheer leading the economy in an attempt to keep investors confidence in the system. If creating false rumors or using false statements to cause a companies stock to remain high is against the law, why is not the same act to hoodwink investors into thinking the economy is more healthy than it really is?
Of course, this begs the questions --Is this deliberate obfuscation for political purposes to maintain a system that is inherently insolvent? Or are Bernanke and Paulson (et. al.) really that out of touch with reality??
Either way, then why on earth should anybody be so crazy as to trust them with a bailout plan?!?
Confidence Game or Incompetence Display: Bernanke, Paulson, Bush Video
