openmoney

Terri Larsen

Elliot Spitzer Declares the Federal Reserve a Ponzi scheme.

On this week's Bill Maher show on HBO there was a panel discussing our financial crisis. He mentioned that Spitzer, who happens to understand our financial situation pretty well, despite his sexual preferences, declared that the NY Federal Reserve was nothing but a big Ponzi scheme (which I agree with).

This was hotly debated on the show by the experts there. Check it out if you get a chance, it is combined with Maher's typical mix of intelligent analysis and sick ass humor.

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