HowardAfter the Gold Rush, Bailout- Neil Young
September 22nd 2008 13:56
Real Crash- Looking at Capitalism and its Laws:
I was looking at the system evaporate;
And production in the USA too;
There were shut down cities,
With no electricity, and life looked like the Bronx Zoo;
Bailing out London's slave's like Goldman Sachs;
Makes no sense to me at all;
Watching the crash of the British Empire;
And for the USA, the fall;
Tieing up the USA to the Empire;
But, hoping to stop the fall;
(Neil Young, After the Gold Rush, Spoof song)
The bailout sucks, because you have Henry Paulson, former Goldman Sachs, doing everything he can to save the near dead big investment banks, Goldman Sachs, Morgan Stanley, along with the shards of Merrill Lynch, Lehman Bros and Bear Stearns, while the real economy suffers and languishes. Everything these guys do will be BY DEFINITION from the fantasy world of investment bankers, will be like the real estate, mortgage bubble that is now kicking millions of families out of their homes, with its collapse.
The real economy, the private factories and public and private hospitals, infrastructure, etc are worned down. We in the USA do not produce. Until this is changed, everything will get worse, particularly with a huge number of environmental scams, such as wind power, solar power, and other ripoffs and insanities, sponsored by the government. The system is finished. The only thing to do is revive the FDR Glass- Steagall act, and separate (again) investment banking from deposit banks.
LaRouche is right. Click to see the new leaflet. We have to have a bankruptcy reorganization, so that new credit can be directed and issued for production, infrastructure, roads, bridges, railroads, etc. Otherwise the United States is as doomed as Western Europe was in the 14th century during half a century of black plague epidemic-- which killed 3/4 of the population.
And production in the USA too;
There were shut down cities,
With no electricity, and life looked like the Bronx Zoo;
Bailing out London's slave's like Goldman Sachs;
Makes no sense to me at all;
Watching the crash of the British Empire;
And for the USA, the fall;
Tieing up the USA to the Empire;
But, hoping to stop the fall;
(Neil Young, After the Gold Rush, Spoof song)
After the Gold Rush- Neil Young
The bailout sucks, because you have Henry Paulson, former Goldman Sachs, doing everything he can to save the near dead big investment banks, Goldman Sachs, Morgan Stanley, along with the shards of Merrill Lynch, Lehman Bros and Bear Stearns, while the real economy suffers and languishes. Everything these guys do will be BY DEFINITION from the fantasy world of investment bankers, will be like the real estate, mortgage bubble that is now kicking millions of families out of their homes, with its collapse.
The real economy, the private factories and public and private hospitals, infrastructure, etc are worned down. We in the USA do not produce. Until this is changed, everything will get worse, particularly with a huge number of environmental scams, such as wind power, solar power, and other ripoffs and insanities, sponsored by the government. The system is finished. The only thing to do is revive the FDR Glass- Steagall act, and separate (again) investment banking from deposit banks.
LaRouche is right. Click to see the new leaflet. We have to have a bankruptcy reorganization, so that new credit can be directed and issued for production, infrastructure, roads, bridges, railroads, etc. Otherwise the United States is as doomed as Western Europe was in the 14th century during half a century of black plague epidemic-- which killed 3/4 of the population.
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