Hedge funds are gambling, while production is crashing. The real estate bubble is over, and going down. New York City is beautiful, that's why I take pictures of it, but it's the belly of the beast.

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Real Crash - January 2008

Hillary Clinton and the Homeowner, Banker Protection Act

January 20th 2008 23:55

Real Crash- Looking at Capitalism and its Laws:

Hillary Clinton at the Abbysinian Baptist Church

It was very exciting to see Hillary at the Abbysinian Baptist Church in Harlem, NY. She had a great reception. Having protesters from the Barak Obama campaign was just the ordinary course of business.

The gauntlet has been laid down by LaRouche's webcast on January 17th, 2008. The contagion of collapse of the subprime mortgages has indeed spread, with the big bond insurers like AMBIAC losing their AAA rating. That means a big hole in the $2 trillion municipal bond market. That will directly kill city projects from public works to public hospitals and people will die as a direct result. Hillary has called for an at least 90-day moratorium in mortgage foreclosures, but does she realize that that means the immediate need for bank protection? We told you the casino of mortgages would go down, and a whole lot more, and it is.

By the way, speaking of Harlem, remember the fashion and the looks at I Love Harlem apparel.

pix link from Really Long Link
www.newsday.com

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Comment by Cibbuano

January 21st 2008 01:15

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I'd like to love Harlem, too, but I've only been there for about 5 minutes.

Comment by Howard

January 21st 2008 12:55

Real Crash

You could get an i love harlem shirt for $10 plus shipping, which to Australia is about $12, either direct from me, or at iloveharlem.net and teeshirtqueen.com. It's a nice place to hang out, though it is being gentrified to death.

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