To: nyconse
"Free trade has lead to the so called service economy which will never create wealth...only bubbles which burst...this latest one is the worst one because of those little H bombs floating around our economy.... called credit default swaps/derivatives courtesy of Wall Street. we need a 4 trillion taxpayer financed bad bank for these gems- a gift from Wall Street to Main Street."
Worldwide, nearly $600 trillion dollars in derivatives were written without assets. On US schemes to bail some of the perpetrating groups out, one example would be $152 billion from the US Government to AIG in London.
This time, there won't be a case of a few Americans being only so sad. Most will be very angry. Maybe that's why the RNC picked an anti-Second-Amendment Chairman a few days ago.
155 posted on
02/04/2009 6:27:23 PM PST by
familyop
(combat engineer (combat), National Guard, '89-'96, Duncan Hunter or no-vote, http://falconparty.com/)
To: familyop
Yeah, then we will have to use pitch forks I guess. LOL
158 posted on
02/04/2009 6:29:32 PM PST by
nyconse
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