Thursday, Sep 25, 2008
Lew Rockwell interviews Dr Robert Higgs
Lew Rockwell Show: The Bogus Financial Crisis
Latest 15min Lew Rockwell Show. The Fed are Pirates and this is a bogus crisis. The Fed created this crisis and the world would be vastly better off if they disappeared over night. (In my opinion, the "bailout" is the monetisation of derivatives that will cause this weapon of mass destruction to cause hyperinflation. Pre-bailout, derivatives remain impotent to all but the culprits, IMHO). This plutocratic robbery is the worst "solution". We are bailing those who made big mistakes, leaving others to fall that made no mistakes and the majority don't want it and are not fooled!
Posted by planning4acrash @ 08:33 AM (386 views) Add Comment
4 Comments
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1. japanese uncle said...
I should like to repost the following:
----------------------------------------------------------
After 911:
Don't argue! America was attacked in broad daylight. We must revenge. Somehow we seem to know Osama bin Laden is responsible who is now hiding under the protection of Taliban in Afghanistan. We must bomb Afghan to save the free world. It's no time for words, but action. Shut up!!
After the subprime crisis:
Don't argue! We are on the brink of systemic risk. Unless you are happy to watch the global economy to melt down, don't get in the way, as we know what we are doing to save the world. It's no time for words but action. Misuse of public funds to profit private financiers? Morale hazards? Shut the fXXX up and listen! It's a systemic risk! It’s financial nuclear war! Are you happy to lose all you money? Otherwise don't argue and shut up!
2. Katfish said...
C'mon America - wake up!!
3. mrmickey said...
It is starting to sound a bit like the little boy who cried wolf watching Bush last night on tv. They create the crisis but don't worry they will make it all better, trust us.
4. harold said...
Bailout = theft
http://www.24hgold.com/viewarticle.aspx?langue=en&articleid=320049_The+Killers+Are+With+The+Patient