Thankfully,Submitted by e_goldstein on Wed, 11/12/2008 - 20:13
the powers that be are no longer buying toxic debt. Instead, as a taxpayer, you get to prop up the mechanisms of your own enslavement.
Markets and market participants don't like it and stop buying treasuries? Who cares, the powers that be will just monetize the debt.
But at least the bankers will have a good holiday season:
meanwhile, in the real world
You know, I was walking by the Tree of Liberty the other day. Its branches were wilting and its leaves were falling. In fact, I could almost hear the words "water me" hanging in the air.