Bryan Ellis comments on Resolution Trust Corporation & Henry Paulson - Market In Crisis

The financial markets are nearing crisis mode - or so I think.  Who really knows - very few of us remember the great depression when there was genuine financial crisis, and even if one does recall it, the nature of what is happening now is fundamentally different.

Regardless, the news today is that the government is seriously considering forming a new Resolution Trust Corporation, ala the Savings & Loan Crisis of the 1980’s.

The small remainders of free market capitalism in America are dead.