More Meddlng Ahead By Government In The Financial Sector

Keep in mind that the housing crisis is the result of Fed money printing and that the coming economic crash will be the result of the Fed stopping the money printing. In other words, the primary economic current day disasters have been caused by the government. So has government turned humble and backed off some of its insane policies? Not quite. In fact, they are piling on all throughout the finance sector.

From the SEC's nutty change in short sale rules to the takeover of Freddie and Fannie, it's more bureaucratic nightmares for entrepreneurs and a rapidly growing, heavily weeded, swamp in which sleaze ball insiders will operate.

WSJ with a warning:

While the government takeover of Fannie Mae and Freddie Mac represents the most powerful federal intervention in financial markets in decades, there are likely to be further government moves ahead.

Federal officials are looking at how to tighten regulation of the credit-card industry and whether to double prospective loans to bail out the auto industry to $50 billion. In the coming years, they will examine how to regulate greenhouse-gas emissions from industries across the economy.