Gang Banks Gone Out of Control
2008 October 10
There was nothing especially memorable about August 9 2007. It was, however, the day the world changed. As far as the financial markets are concerned, August 9 2007 has all the resonance of August 4 1914. It marks the cut-off point between “an Edwardian summer” of prosperity and tranquillity and the trench warfare of the credit crunch – the failed banks, the petrified markets, the property markets blown to pieces by a shortage of credit.
Read here a really good simple explanation of why we are getting screwed.
I think, Economy has been gang banged.
Same here
and sad part is now the fuc**kers are being helped
Well, what we have seen is just the foreplay, the industrial growth has touched the ground, GDP is in gutters
Banging will begin now…
Просто восхитительно!
The banks knew what they were doing, these people are obviously well versed in economics, they run the world’s money and thus have great power. They knew that their practices would result in chaos and that because of their clout the government would help them out, so they wrung dry the pockets of America. They sold us loans for our cars, houses, college educations, and they handed out credit cards like candy all an unbelievably low introductory rate. The key words here are “unbelievably” and “introductory,” for those words foreshadowed our economic demise. They told us that the American dream included a nice car, house, 2.5 kids and a white picket fence. They told us not to worry about paying it off since we used to have jobs, or at least the notion that better jobs existed. Turns out that they lead us into a maze of lies that ended us up homeless, jobless, pension less, and most of all, bitter.
As American citizens we should be bitter: right under our noses the banks nabbed billions of dollars that we paid in taxes. They get to use shady lending practices that cost us our pensions and our houses and they get money like its going out of style, and with Government backing no less!
Ironically, money is going out of style, just not for the banks. No, that is where it has all gone, and without any say so from the people. We need to wake up and realize that we are not just consumers, we are not “Main Street.” We are not defined by the clothes we wear or the cars we drive, we are defined as citizens of the United States of America and therefore we have unalienable rights, including the right to happiness. It’s hard to be happy when you can see yourself swimming in seemingly unending debt while these CEO’s are swimming in blood money.
If you feel that what has happened here is a crime you shouldn’t just sit there and blog about it, you should do your duty as a patriotic American and shout these economic atrocities from the rooftops. We need to demand justice for these people who literally embezzled our money with Governmental approval, for the Government is obviously too corrupt and sold out to stand up for us. We must stand up for ourselves and let them know how angry and confused we all are, and it starts by taking your money away from these multi-national, colluding banks and keeping it in a safe. At least you know your safe won’t rob you.