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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (23734)10/23/2009 3:13:53 AM
From: RJA_1 Recommendation  Read Replies (1) | Respond to of 71425
 
The link to Cashin may have changed:

Part 1
cnbc.com
Part 2
cnbc.com
Part 3
cnbc.com



To: DebtBomb who wrote (23734)10/23/2009 11:02:02 AM
From: Rarebird15 Recommendations  Respond to of 71425
 
<<They are going to completely destroy this place....they are so stupid, IMO. They are out of control....giving taxpayer money to banksters because of their incompetence.>>

One thing the government hasn't done is to put Glass-Steagall back into place. That law, enacted during the last Great Depression, separated banking from gambling ("investment banking"). Where do these Wall Street banks get their big profits? From the taxpayer. The US gives them money at zero interest rate and lets them make gobs of profits, something they would never do for ordinary citizens. The reason they do it is that Goldman owns the government.