The take-away from this article should be the general idea. I don’t agree with some of the specifics and the tone borders on hyperbole, but there are a couple of very salient points.

1. The Treasury and Federal Reserve and the Too-Big-To-Fail banks have reverse-engineered the debt pump without mentioning there’s a dump coming.  Instead of consumers taking on the debt, now your government is doing it for you.  “The Fed and Treasury have set up a scam over the past year to make it look as if there’s still money, but what they have actually done is to transfer risk from the private sector to the public sector”

2. The retail investor is as screwed by the financial media as they are by the financial institutions.“The media continues to feature the same people telling the same idiotic stories, pursuing the same tried and true practices of distributing insider stock, especially their own, at high prices to the masses.”

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