Who owes who what??? 05/31/2010
Add Comment Fed news/ Dec 21st, 2008 01/24/2009
The current contrived economic collapse of the unnecessary monetary based economy widens the earnings gap, as levels of individual debt skyrocket. To finance the bailout Washington must borrow from private banks (the Federal Reserve) which in turn are the recipients of the bailout. Yes if you didn’t know the Federal Reserve is only about as federal as MacDonald’s and Burger king (and if you didn’t know that and have read this far… then holy shit!). Bill Clinton signed the Financial services Modernization act which entailed the entire US financial industry being transferred over to a handful of financial conglomerates (but it’s ok because he played the saxophone and jogged through black neighborhoods) this all doesn’t matter anyway as since its inception the fed has been nickel and diming people who never cared to know how the system worked. Now the people who helped Clinton implement that act will be directing Obama through 2012. Obamas economic team/ Dec 1st, 2008 01/24/2009
Members of Obama’s Transition Economic Advisory Board such as Lawrence Summers played a key role in lobbying for financial services modernization act-chief economist for World Bank which lovingly permitted macro-economic reforms in developing nations which resulted in massive poverty. Pal Folker played a critical role in implementing first stage of financial deregulation which is said to have lead to the current fake market collapse. Timothy Geithner was CEO of private Federal Reserve Bank. Get ready for some pocket change! Capitalism runs its course/ Nov 23rd, 2008 01/24/2009
United states reaches an all time high (low) with the greatest discrepancy of wealth between rich and poor then any other nation... EVER! US residents continue in the spirit of McCarthyism in their programmed distrust of anything that remotely resembles socialism except of course… bailing out the rich (REAL>>>>LIFE). US cuts off trade benefits to Bolivia because their cocaine production only increased 5%… Continues to supply Columbia (largest recipient of US aid in western hemisphere) because of 27% increase in Production… (THIS IS REAL LIFE) | ArchivesFebruary 2011 The Fake Economy CategoriesAll |





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