Thursday, October 30, 2008

Derivatives, The Regan And Greenspan Fiasco

Derivatives with free reign is the name of the game sanctioned by Regan economic, supported by Greenspan, the Chairman of Federal Reserve, and collaborated by Presidents, and the Congress with their stick and cane.

The game creates financial illusions of financial paper products; The product which you can not eat, drink, and cloth with, nor the product like teachers schools children, nor like nurse, and the doctors heals, and doctors the sick; The product makes millionaires, and billionaires who get the tax break as they shine and reign.

When the derivative product owners are in trouble with their financial paper products, the trouble caused by the derivative creators themselves, tax payers are to protect them whether it shine or rain.

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