css1971

Bank Nationalization: It's Just Plain Wrong

Oh for goodness sake. Bad bank, nationalisation are both suggestions which will pass crap to the taxpayer to pay for coming generations. i.e. forever.

Creating national good banks (a national commercial lending operation) on the other hand would be cheaper, more effectively isolate the banking problems from the rest of the economy and the banking muppets who invested in the toxic crap they are peddling will go down the tubes as they so richly deserve.

Banks: The Final Countdown?

What the world really needs is for the banks to be allowed to die off of their own toxic consumption and for the monetary system to be replaced by something sane instead.

It Could Happen - Cramer's Mad Money (9/26/08)

The Republicans and Democrats are both paid puppets. Their employers aren't going to allow real change.

Can Capitalism Survive Its Latest Entanglement With Socialism?

"In order for the markets to work properly in the future, they must feel pain and moral hazard. I am not sure why the brokerage firms should be bailed out while Main Street was blithely ignored."

Ehm... Who do you think owns the government?

To Avoid Failure, Get Really Big; Everybody Else, Watch Out

If you're too big to fail then you're a threat to national security...

Where's the Bottom? Still Anybody's Guess

Good article.

However, it's clear that the existing monetary system will survive. It has survived, and grown from the Rothschilds in Frankfurt and Patersons creation of the Bank of England several hundred years ago.

The next step on the march is the establishment of a world bank with world currency based on the same principles. You see the central bankers and politicians calling for it already. The only way to have a stable financial system they say...


Eh... how about not basing it on debt...

It does mean that we and our children are born into and live our lives within a tremendous fraud, a massive financial trap... I'm buying gold and silver because they are freedom. How ironic.