Posts from — October 2008
The Great Fall
…can humpty dumpty be put back together again…
I’m certainly not an economics expert but from what I can glean the economic crash we are seeing right now is primarily due to an inordinate amount of public debt, driven by banks issuing/consumers taking mortgages/loans that were secured by bogus insurance issued by Corporations that “we the people” are bailing-out. The effect is, banks and insurance companies who hold the mortgages, can’t borrow money and those who have money to loan won’t let it go because there is too much unsecured debt in the system (insolvency).
October 16, 2008 No Comments
Bail-out, Influence and the Looters
The looting will not stop until the Citizens of the United States lay siege to our own Government, which has been hijacked by the Corporations and Corrupt Elected Officials.
Aside from President George W. Bush here are some the top conspirators in the looting of the US Treasury using the “bail-out” as a front. The bribes paid to them are in the form of Campaign Contributions shown below.
Obama Sen. D-IL 2007-2008 Contributions $16,369,460
Top 5 Single Largest Contributors
Goldman Sachs $748,880
University of California $625,911
JPMorgan Chase & Co $493,469
Harvard University $473,669
Citigroup Inc $467,849
Overall, Securities & Investment was Obama’s 3rd Largest Contributor
October 8, 2008 No Comments
