"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
J.P. Morgan Chase to Buy Bear Stearns for $2 Per Share
"?U.S. Treasury Secretary Henry Paulson said the Bush administration is ?quite pleased? with moves the Federal Reserve has made to bolster the financial system.? The ruling elite's central bank lowers the discount rate, one of the most politically entrenched Wall Street firms buys up another for chump change?Yup, all the greedy little piggies are quite happy. You, however, are F*CKED. (Unless you?ve invested in some gold, that is.)"
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