A lot of you Piggs crack me up. Clearly, the Fed and Treasury (and body politic) – The Officialdom – have caused/contributed to a lot of the mess we’re in. But now that they’re putting in a good faith effort (we can debate the anticipated effectiveness, to be sure) to stem the bleeding, everyone just bitches and moans as if they have any clue as to what to do.

I am 100% certain that if the Officialdom did nothing and we ended up in another Great Depression, that the very folks who are currently complaining loudest about the Officialdom’s current actions, would be complaining even louder about their INactions. No doubt in my mind whatsoever.

Again, I’m no fan of the current Officialdom. But at least I can sympathize with the bind they’re in (granted, partly of their own making) – they’re damned if they do, damned if they don’t. Not an easy place to be.