Home > Uncategorized > The power of math and clueless Ben

The power of math and clueless Ben


Buried machinery in barn lot in Dallas, South ...
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John Allison, who for two decades served as chairman and CEO of BB&T, the nation’s 10th largest bank, told CNSNews.com it is a “mathematical certainty” that the United States government will go bankrupt unless it dramatically changes its fiscal direction.

Allison likened what he sees as the predictable future bankruptcy of the United States to the problems at Fannie Mae and Freddie Mac, whose insolvency he also said was foreseeable to those who studied their business practices and financial situation.

A video clip outlining Bernanke‘s disconnection from  reality

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