The free market phonies and Wall Street types always used to tell us endlessly about how bad and evil the government was. Until they needed everyone else to bail them out. "Just leave us alone and let business be business" is what we would had to listen to over and over. Right. So where are they now? Cowards and hypocrites. Each and every one of them.


Nouriel Roubini really lowered the boom on Wall Street and the Republican system of ignoring basic regulatory obligations. I wish CNBC would allow video to be embedded, but watch the video in this link. Roubini had been predicting this financial failure for a few years so what he has to say is always interesting. Before this implosion, the GOP economists dismissed what he had to say though today, they've all gone quiet. Best and most truthful quote: "Profits have been privatized and losses socialized"