Even Cats With Money Are Shook: Should the Government Guarantee Bank Loans?
Posted in Blogroll on January 3rd, 2009 by Michael TilleryBernie Madoff’s victims are offing themselves as the Ponzi scheme sends shock waves throughout the 
financial world coast to continent coast.
Even Rabbi’s are snapping.
Crazy how Ben Stein used to speak out on Obama and now wishes he is the “best president we’ve ever had”. Countries all over the world are guaranteeing bank loans. Some banks in this country are guaranteeing up to 85%, but at a limit.
Madoff was taking out everyone who was gullible enough to fall for his promises of almost impossible returns.
Guaranteeing loans. Is it a scam in itself?
Will something so drastic get us out from under this financial black hole?
