Assorted neural firing patterns converted into words for no specific purpose other than for mental tinkering and self expression.
Tuesday, April 28, 2009
Selling off our future
"Make no mistake. We are selling off our future and the future of our children to prevent the bondholders of US financial corporations from taking losses. We are using public funds to protect bondholders of some of the most mismanaged companies in the history of capitalism, instead of allowing them to take losses that should have been their own." -John Hussman's market comments yesterday.