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September 29, 2008
| "A Transfer Of Wealth...A Degree Of Stench...A Bit Of Manufacture" | Economy |
Watch this carefully. Excellent from start to finish.
Part 1:
Part 2:
Check this out:
We had a former head of the FDIC tell a group of congressmen yesterday that the Bush administration has been going around the last few weeks, actually, so tightening up on the practices of banks that they're forcing them to have bigger reserves, which in a way would, you know, kind of create — help to create the kind of tight money policies that we're saying we’re trying to alleviate with this bill. So, you know, there needs to be a deeper look at this. It seems to me there's a possibility that this crisis has a little bit of...uh...manufacture to it.
When thinking about the "bailout," notice who's shoving it down the Congress' throat: Wall Street and the Bush Administration. Does anybody really think they have our best interests at heart? Democrats need to wake the hell up.
Posted by Jonathan at September 29, 2008 10:27 PM