I do not agree with the assumptions in this video regarding government programs being able to fix what government corruption and fraud has engineered. Nonetheless, it is an interesting video.
The fox will never guard the hen house and the government will never create productive jobs that generate a return on the capital required to make them. That is just a panacea. The only solution is balance...and that does not promise to be an easy trip to get there.
The fact is that we do not need more homes. The homes in this video were financed by the FHA, Freddie Mac, Fannie Mae and ultimately the unwilling and unprepared taxpayer in order to benefit the debt money system ponzi scheme and generate huge bonuses, contributions and incentives for special interests. That is NOT the definition of balance. No solution that does not seek a balance will survive. Certainly not one implemented by inept and corrupt leaders like Bernake, Obama and Bush.
Look out below.
Showing posts with label Regulation. Show all posts
Showing posts with label Regulation. Show all posts
Tuesday, September 14, 2010
Monday, July 12, 2010
If the Finance Reform Bill was written by finance industry...
...how would it look? Try this on for size...
Thursday, May 20, 2010
The Fed got what it wanted...now will we get manic monday on a friday
Similar to the trading session during last vote to break up the big banks, we had a crash. Today we have a financial overhaul bill and we have another crash on a two day level rather than in one day. The Fed got what it wanted, just like the banks and the fed did two weeks ago, I wonder if they will provide the liquidity to manipulate the markets again now (like they did two weeks ago) that they are more powerful and corrupt than ever!
My take on this situation is that it is very sad and amazingly corrupt. There is no question that Ben Bernake and his minions at his buddy banks did an absolutely amazing job of lobbying...if they were in jail where they belong they would not be able to have successfully manipulated the votes so powerfully.
My take on this situation is that it is very sad and amazingly corrupt. There is no question that Ben Bernake and his minions at his buddy banks did an absolutely amazing job of lobbying...if they were in jail where they belong they would not be able to have successfully manipulated the votes so powerfully.
Labels:
Fed,
Politics,
Regulation
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