Quote:
Originally Posted by joshgirls
i dont like attacking people in their own thread. But he opened the door, defending the indefensible position of an allegedly educated congressman. It truly speaks to the fact a degree has no correlation to intelligence. The college degree might be one of the biggest frauds in america.
thanks for getting my back  |
As far as I can tell, the guy never practiced economics, but law. Then there's the potential politics of it.
There seems to be a wide and reasonable consensus that without intervention the systemic risks at play posed a highly likely exasperation (and empirical evidence of a start) of frozen credit and the failure of more than just banks, investment banks and AIG to meet their obligations.
I'm open to an explanation otherwise, maybe marketsmart will offer one.
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