Read + Write + Report
Home | Start a blog | About Orble | FAQ | Blogs | Writers | Paid | My Orble | Login

Real Crash - by Howard

 
We can avoid nuclear war by putting the financial system into bankruptcy reorganization.Need Glass-Steagall Act, water projects, space program. Need a change to production, the real American System.

Hank Paulson Makes in his Pants

Real Crash- Looking at the Financial System and the War Drive:
Yes US Treas. Sec Hank Paulson is pissing in his pants.. Reverse leverage is kicking in, and you can't bail out the multi-trillion dollar derivative markets. You have to go with LaRouche's Homeowner and Bank Protection act.

Otherwise, as one of my Ibero-American friends have said, you will have a "corralito" like in Argentina in I think 1999. The banks will be frozen and no one will be able to take their money out... for a while, or until they invent a new currency.



51
Vote
Add To: del.icio.us Digg Furl Spurl.net StumbleUpon Yahoo


   
subscribe to this blog 


   

   


Recent Posts:
      Glass-Steagall Fever Spreads 
      Elizabeth Warren Joins Glass Steagall 
      Google Twitter Facebook 
Comments
1 Comments. [ Add A Comment ]
1. July 18th 2008 @ 23:34. S.L. Says:
I'm in trouble if the banks get frozen, Howard. I like my assetts liquid, not turned into ice!

Add A Comment

To create a fully formatted comment please click here.


CLICK HERE TO LOGIN | CLICK HERE TO REGISTER

Name or Orble Tag
Home Page (optional)
Comments
Bold Italic Underline Strikethrough Separator Left Center Right Separator Quote Insert Link Insert Email
Notify me of replies
Your Email Address
(optional)
(required for reply notification)
Submit
More Posts
13 Posts
23 Posts
29 Posts
1372 Posts dating from September 2006
Email Subscription
Receive e-mail notifications of new posts on this blog:
0
Moderated by Howard
Copyright © 2012 On Topic Media PTY LTD. All Rights Reserved. Design by Vimu.com.
On Topic Media ZPages: Sydney |  Melbourne |  Brisbane |  London |  Birmingham |  Leeds     [ Advertise ] [ Contact Us ] [ Privacy Policy ]