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


To: benwood who wrote (36737)4/1/2011 12:46:55 AM
From: Giordano Bruno1 Recommendation  Read Replies (1) | Respond to of 71477
 
Simply put amongst the banksters, heads we win, tails you lose.



To: benwood who wrote (36737)4/1/2011 10:07:49 AM
From: John5 Recommendations  Respond to of 71477
 
That's exactly right, Benwood.

The federal government openly conspired with the U.S. central bank to supplant capitalism with fascism.

The end result was a coalition of U.S. corporations, Wall Street banks, the Federal government, and the Federal Reserve working to protect their own failed interests at the expense of U.S. taxpayers.

In the normal course of capitalism, when corporations and banks fail due to poorly executed business and financial models, they die off and are replaced by new corporations with superior business and financial models.

That did not happen, as we all witnessed.

Instead, the central bank printed clownbucks and, with the aid of Congress, disbursed liquidity to the wealthiest FAILED CORPORATIONS AND BANKS to keep them afloat!

Consequently, the United States is well over two years into a bleak and dark era of post-capitalism.

I suppose it's easy to say that TARP started all of this, but the entire idea of the FDIC "guaranteeing" deposits is also a major culprit. The concept of "no risk" is a fallacy. Someone, somewhere absorbs the risk. To pretend otherwise is absurd.