So, let’s see......money is being loaned by countries that don’t really have the money to lend to other countries who can’t really afford to borrow it, and it’s being lent so that these countries (the one’s who can’t really afford to borrow the money) can give the lion’s share of it to their banks, who themselves are showing massive losses on essentially worthless loans that are simply impossible to ever repay, because the things that were bought with these loans were never really worth the value of the loan, due to the fact that a housing bubble (which has now burst) was created by a massive overextension of credit by the very same banks who will now be given this money to keep them afloat when they’re essentially bankrupt owing to the sheer volume of now worthless loans on their balance sheets.
Somewhere, Bugsy Siegel is thinking, “Casino? Hell, I should’ve opened a bank - it’s the ultimate scam! WHAT WAS I THINKING?!”
http://www.skolnicksreport.com/popes1.html ,,, popes , mafia , drug lords ... who doesn’t own a bank?
Couldn’t have said it better myself-——but I would have tried to wedge Barney Frank in there someplace.