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Updated almost 17 years ago on . Most recent reply

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553
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20
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Lee Common
  • Real Estate Investor
  • San Antonio, TX
20
Votes |
553
Posts

Six Egregious Lies!

Lee Common
  • Real Estate Investor
  • San Antonio, TX
Posted

Another great article by Martin Weiss of Money & Markets!

The truth hurts. But it also heals.

That’s the lesson of the Great Depression of the 1930s, the S&L disaster of the 1980s, the giant insurance failures of the 1990s, and the tech wreck of the early 2000s.

As long as Wall Street and Washington hid the real facts and lied about their true consequences, the crisis lingered and deepened. It wasn’t until they confessed to past blunders, flushed out the bad assets, and let the marketplace determine their true values that the crisis finally began to end.

Our leaders know this. Yet they do nothing about it.

Full article follow link:

http://www.moneyandmarkets.com/six-egregious-lies-2-33419

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