nobody's_hero
Member
- Joined
- Jan 23, 2008
- Messages
- 10,909
DC is a swamp (literally) and I don't think anyone will shed any tears if it just happened to slide off into the Atlantic. We never needed DC for anything. The US is a union of 50 states. After establishing their infinity-cash machine in 1913, the Feds have proceeded to act as if they are Literally God. Well, they're not.
I dunno. It was honestly somewhat impressive how the Federal Reserve managed to recoup its credibility after the 2008 housing market crash. That should have been the end of it then.
Here we are with another potentially massive bubble in the housing market (though perhaps this time caused as much by artificial material scarcity as easy money). It's only been a little over a decade and we've learned nothing. And no one is even talking about the Fed these days.
People are idiots, and among idiots, the people in DC might as well be gods.