Payday Pundit published a post titled “Do I agree with Paul Krugman?” It has to do w/ the new finacial reform bill that’s backed by the White House.
I agree w/ Payday Pundit b/c non-financial institutions, like payday lenders, did not create this mess. Why are we getting pulled into it?
I also agree w/ Krugman that we can NOT rely on public officials to show wisdom and do the right thing. The problem w/ Wall Street is the people that tanked the economy are making the rules. Moody’s should be out of business. AAA rated bonds should never, ever default. They did.