HowardNationalizing Losses After Carlyle Capital goes Poop
Real Crash- Looking at the Financial System and the War Drive:
Darkness in the Financial System
The phony free enterprise freaks of the London Financial Times are now demanding that the US Federal Reserve "nationalize losses" by buying up trillions of dollars worth of known-to-be bad securities from banks.
They didn't give a damn that the paper was worthless, they want to be bailed out. That my friends is the essence of fascism, or Nazism, of all types of genocide. If you really believe in being fair, these hedge funds, banks and private equity firms must be put through a bankruptcy reorganization. The hedge funds and PEs are useless and should be LIQUIDATED by the US Government, with cooperation (forced if necessary) with the British Bank of England and European Central Bank. New government credit has to be issued for new infrastructure projects to put people to work in real jobs, not paper pushing.
US Federally and State chartered banks must be kept open and reorganized. They should be left in private hands unless they have to be liquidated too.
Anything less is a step toward mass murder and genocide, because the cash is coming out of your hide. And that my friends is why the London and New York banker crowd wants Michael Bloomberg for President, or as a Dick Cheney-type for Vice President, in order to carry out this mass murder. Let's be fair, if they're broke they have to be liquidated or reorganized.
