Golden Platter

Posted by on February 2nd 2010 in Bailout, Federal Reserve, General Economy, Gold, Wall Street | Be the first to comment!

In arguing that the “Financial elite’s behaviour has opened floodgates for gold,” Lorimer Wilson notes that despite the philosophical differences in many areas of politics and economics between Rep. Ron Paul and economist Simon Johnson, they “agree that the coziness that exists between the U. S. Congress and the financial elite has not worked, and is not working, in the best interest of the average American.”

[Wilson references Johnson’s Atlantic article “The Quiet Coup.”  In addition to being a frequent commentator on economic affairs, Johnson also writes the Baseline Scenario blog.]

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