Listening to CSPAN today the bringing in of the new US ambassador to CHINA. Comment made, that (paraphrased) US consumer debt needs to be reigned in. Well, response to that, when you have policies at a federal level which reward speculators and punish savers. Is it not expected, that US consumers go into debt?? Disgusting the hollow platitudes that are throw around in that discussion.
Change the policy. Stop rewarding speculation through public funding the risk in a transaction.
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