wrote:
To All:

I got a couple of messages from fellows who did not agree with my
opinion of the effect the bail-out would have. I recommended they
read:

http://www.usagold.com/germannightmare.html

Those who fail to learn from history are destined to repeat it.

-R.S.Hoover

I've got a degree in Economics and I don't have a clue how this is going
to all shake out. Mainly because what this really is is the largest
nationalization of private enterprise in the history of man.

To make it worse it is being done by the largest economy in history at a
time when the world's economies are more tied to each other than ever
before.

Nobody from Alan Greenspan to a bum on the street can really tell you
with any degree of certainty how this will effect the US and the World
in the long term. They don't have computer models for this.

Anyone from either side of the political spectrum that says they know
what will happen is full of crap.