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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: patron_anejo_por_favor who wrote (101310)2/14/2009 1:11:33 PM
From: Broken_Clock  Read Replies (1) of 110194
 
The new Paradigm:

Redistribution of debt from the imprudent to the prudent.

"Capital must protect itself in every way, through combination and through legislation. Debts must be collected and loans and mortgages foreclosed as soon as possible. When, through a process of law, the common people have lost their homes, they will be more tractable and more easily governed by the central power of wealth, under control of leading financiers. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd."

The Bankers Manifest of 1934
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