Friday, Jul 18, 2008
Jim Willie's latest observations
financialsense.com: Nationalization, Fiasco, USDollar, Gold
A grotesque grandiose nationalization initiative is gradually being forced upon the USEconomy, US financial system, US political system, and the hapless US citizenry. Its crucible for construction comes from the desperate situation unfolding for the banks, the mortgage holders, and homeowners. Rising costs, falling incomes, failing banks, declining home values, eroding mortgage bonds, interfered financial markets, corruption in Congress, endless war, destructive economic counsel, an unconstitutional USDollar without gold backing, these factors all contribute toward a crisis without remedy.
Posted by the spaniard @ 01:21 PM (531 views) Add Comment
3 Comments
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1. Planning4acrash said...
There is a remedy, simply go back to following the Constitution. For country's without a constitution, get the county back and install one. If we don't, they will come forward with their one world government solution, replacement of the dollar with the amero. The UK still has the Magna Carta and Bill of Rights. Remember that Tony Blair stated at the beginning of his term that he wanted to dismantle the Magna Carta. We need to reverse that and fight for our rights in whatever way we can. Its the only way.
2. Fjcruiser said...
pure garbage.........
3. Sanityonlyplease said...
A mad rant. This website deserves better articles than this one, so let's stick to sane sources of news.