Tuesday, March 10, 2009

A QUIP FROM CASEY RESEARCH'S DAILY EMAIL, WHICH YOU SHOULD ALL HAVE SUBSCRIBED TO BY NOW

When the great ship Titanic made her maiden voyage across the North Atlantic and its blinded leader struck the iceberg, it would have been absurd to announce: "All hands on deck to man a bucket brigade; this ship is too big to fail!" To require men, women and children to try to bail out the Titanic until its final plunge, while its captain and officers took refuge in the few lifeboats is not unlike what taxpayers are being forced to do in this financial meltdown. Just as then, the correct response would be not "too big to fail," but instead, "Too Big to Bail." - Charles Schisler, Buenos Aires Herald, March 7, 2009 http://www.caseyresearch.com:80/displayDrp.php?e=true

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