Bond sales are really a pyramid scheme
Published 23/09/2010 | 05:00
What the hell is wrong with us as a people? For centuries we rebelled against, and sang scornfully about, absentee landlords.
But nowadays, we fall at the feet of absentee bondholders like they were God almighty?
Isn't it fascinating how a group of right-wing, conservative nutters in the United States, called the 'Tea Party' movement, have managed to manufacture a faux rebellion, designed to overthrow a middle-ground, honourable president.