The New York Times has a story today that gave me hope and a warm fuzzy feeling. Apparently, several people are not concerned about a recession at all. Thanks to the American sucker-taxpayer, there’s basically no consequence for the equity traders, hedge fund managers and Bear-Stearns’ chairman, despite what Joseph Stiglitz, Henry Kaufman, and the IMF conclude is a $1 Trillion bust. Party on!

This entry was posted on Monday, April 14th, 2008 at 8:21 pm and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.