I agree, there is a huge pile of shit happening, and these bozos are running around like headless chickens. One point that 's worth mentioning: This bill does nothing to deal with the over $60 trillion in largely unregulated Credit Default Swaps that are wreaking havoc with the financial system. Correct. And this is a huge problem. These CDSs are an invention from about a dozen years ago (from the Masters of the Universe wiz kids) which is now wreaking havoc. How do you deal with $60 trillion in junk, JJ? Let's see a PDE that solves this... I'll go for a CD.
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I agree, there is a huge pile of shit happening, and these bozos are running around like headless chickens. One point that 's worth mentioning: This bill does nothing to deal with the over $60 trillion in largely unregulated Credit Default Swaps that are wreaking havoc with the financial system. Correct. And this is a huge problem. These CDSs are an invention from about a dozen years ago (from the Masters of the Universe wiz kids) which is now wreaking havoc. How do you deal with $60 trillion in junk, JJ? Let's see a PDE that solves this... I'll go for a CD.
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