Month: October 2008

corruption disaster capitalism economics Politics shock The Corporation US economy
October 28, 2008

Paulson’s Plan and the Sucker Who Bought It

Original story here . Folks, this bailout money isn’t about loosening credit for consumers or businesses, but consolidating wealth and power in fewer and fewer banking hands. That’s great business for the banking elites, but lousy business for the US taxpayer. And it’s all being orchestrated by one of their own, in the shape of Hank Paulson , ably assisted by Neel Kashkari , another […]

corruption Politics shock
October 28, 2008

US Attacks … (fill in Middle East country here)

In this piece , it was reported that the US had attacked Syria.  Ooops.  We didn’t realize that the border was so close.  Like an elephant in a china shop.  Let’s hope it’s just not a shop in China. A month ago it was Pakistan.  Next month, it’ll probably be Iran.  In 2009, it’ll likely be Venezuela. ARE YOU NEXT?

corruption economics Politics shock US economy
October 27, 2008

The Race … for a Share of the Porkbarrel Bailout

In the US, the race to the porkbarrel has begun .  Companies, lobby groups, consultants and other ‘experts’ are lining up at the trough to stuff themselves with US taxpayer cash. And you’d better damn well hurry because the Chinese are going to start calling loans and the cash will run out soon!! Ah, who am I kidding?  Unless you’re a good buddy to Bush […]

economics interflation US economy
October 27, 2008

Why the US dollar is rising … when it shouldn’t be

A lot of people have seen their purchasing power disappear overnight because their currency has eroded very drastically over the last few weeks.  In Canada, the loonie was trading at about par with the US dollar about 2 months ago and now it’s down around the $0.75-$0.78 range. A lot of people have been scratching their heads trying to figure out why. And along comes […]

corruption economics US economy
October 27, 2008

A full list of What to do with the financial crisis

This list almost seems palatable, given the rocky ride being presented to the world’s public. Here’s a quick recap: Close all Banks and Financial institutions now. Stop paying taxes. Count what’s actually left in the public coffers. Put all of it in a central fund for now. Sack all Governments Now. Disband the Stock Exchange. Prohibit speculation on commodities that people need to survive. Form […]