My friend Jeff wrote a very good description of what happened to the economy. I’ve heard the basics before, but he really broke it down for me and something clicked.
He then points to an infuriating article by Rolling Stone that describes more about the bailouts and how they are being used. The people in power in the Federal Reserve are acting like they are making deals with their buddies on the golf course. And they’re not telling anyone what they are doing. They are not being held accountable. The more i read about this debacle and the more i understand it, the more i realize just how bad it is.