I’m betting that Babs knuckles under to the pressure of Fall Street and gets behind some kind of rescue package that on the surface looks like it is designed to come to the aid of the poor unsuspecting borrowers, but in reality is designed to give Fall Street, the banks and the power elite in this country, another moral hazard “Get Out of Jail Free” card.
Fasten your seat belts for just another disguised tax increase to make it that much easier for Wall Street bankers and brokers to enjoy those weekends in the Hamptons.
