"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
We're Being Sent the Bill for the Euro Crisis Again – This Time by the IMF
Submitted by Melinda L. Secor on Sun, 2012-01-22 02:00
"First it was individual banks; then whole industries; then entire countries; now it's the world. Western leaders have reacted to the failure of each bailout by decreeing a bigger one. Unable to admit their mistake, slaves to the defunct economist whose thinking dominates our economics faculties and central banks, they act like so many Nick Leesons, doubling and doubling their liabilities."
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