Economics 101- You cannot solve a debt crisis with more debt !
It's like you are with a friend at a casino, your friend loses all his money then threatens you with violence unless you give him your credit card for cash advance !
REP BRAD SHERMAN EXPOSES AGENDA
How much bribe money does it take to transfer $700 Billion taxpayer dollars to Wall Street's elite?
GOLDMAN SACHS CONTRIBUTIONS:
Obama, Barack (D-IL) $691,930
Clinton, Hillary (D-NY) $468,200
Romney, Mitt (R) $229,675
McCain, John (R-AZ) $208,395
Himes, Jim (D-CT) $114,748
Giuliani, Rudolph W (R) $111,750
Dodd, Christopher J (D-CT) $105,400
Edwards, John (D) $66,450
Specter, Arlen (R-PA) $47,600
Emanuel, Rahm (D-IL) $32,950
Reed, Jack (D-RI) $30,100
How much money did your Represenative get from Big Bankers to look the other way and pass a bill that the American people clearly do not want?
SEE THE FULL STORY AT THE MARKET TICKER.COM
WHAT HAS CHANGED BECAUSE OF THE PASSING OF THIS BILL ?
HOW COME RON PAUL IS THE ONLY POLITICIAN THAT "GETS" THIS POINT ?
CSPANJUNKIE.ORG
WHAT DOES JIM ROGERSTHINK ABOUT THE FUTURE OF THE USA /DOLLAR ?
I agree with Jim Rogers on most points other than he suggests trusting the central banks of England and China, who are also in on the deal. He is a partner with George Soros so he's part of the Fabian opposition whether he knows it or not, however his views on the dollar are dead on !
LISTEN TO A GREAT DISCUSSION
Bailout & Financial Turmoil
Investment adviser Catherine Austin Fitts was joined by financial commentators Bill Murphy (2nd hour) and Andy Gause (3rd hour) to discuss the current state of the economy, bailouts, and how fraud and manipulation are at the root of our financial turmoil.
We've been draining value out of the real economy, and the proposed bailout will just funnel investments into propping up the bubble, said Fitts, suggesting that the plan will actually send money from Main St. to Wall St., instead of the reverse. What's going on with the bailout is more than theft, "it's a coup détat" -a "reengineering of government institutions," she declared. Fitts has listed 10 reasons not to bail out Wall Street in her recent blog entry.
Murphy, who's done extensive research to show the price of gold has been suppressed and manipulated, commented that the free market process has been thwarted in the US. Gause metaphorically described the huge amount of debt as "radioactive and toxic." This pool of mortgages has been changed at the atomic level and can't be put back together-- it can only be taken out to a field and covered with a tarp, he opined. In the last hour, Fitts took calls from 'sound off' listeners.
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