He launches into a well-deserved rant on Americans being forced to pay for other people’s mortgages, the government promoting bad behavior, and slamming the administration for not allowing market forces to work. One trader turns around and says “What a novel idea!” while other cheer him on. His suggestion for a 21st century Tea Party meets with no less agreement. Reddest meat you’ll see this week.
Exit Question: How about we all stop paying our mortgage? It’s a moral hazard.”
Click the image to watch.



by Stephan Tawney on February 19, 2009