Apologies if the point has already been made but it seems that there is one party to all of this - yer speculators - are making a killing out of the pretty desperate situation we now find ourselves in. So as far as I am concerend their unearned income should be heavily taxed, and the whole practice regulated (dirty word, I know) as it now seems to be, post-crisis. But as I've said elsewhere, once the panic's over these same wreckers will be given their bat and ball back to do as they want until the next meltdown.
The idea of the Bank Under the Mattress hasn't looked so apealing in years.
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