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Real Crash - by Howard

 
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.

Mayors Thinking about the HBPA

January 25th 2008 13:59
Real Crash- Looking at Capitalism and its Laws:
At a National Mayor's conference meeting in Washington, DC, the Mayors had LaRouche's Homeowners and Bank Protection Act on their mind. When Mayor Palmer of Trenton, NJ was asked a question about this legislation at a press conference, at first he tried to ignore it, but two other Mayors demanded a more detailed explanation. Mayor Palmer then went into how in his area, already the HBPA memorandum to the US Congress had been passed in Newark, NJ, East Orange NJ and across the river in Philadelphia Pa. So reality is beginning to raise its head from the hyperinflationary fantasy world of Bush, Congress and the US Federal Reserve. This is not a housing or mortgage collapse, it is a collapse of the banking system.

Mayor Michael Bloomberg gave a speech at this conference. He detailed his Mussolini/Rohatyn fascist austerity/infrastructure policy, and asked for an immigration policy based on a legalized recycling of cheap labor, rather than the current "illegal" one. His policy of public/private looting of infrastructure is a straight fascist Mussolini policy. He then lyingly referred to Franklin Roosevelt and the New Deal, which was a Federal credit policy to build infrastructure, not loot the US Treasury for private deals with billionaires like Bloomberg. We are still on watch for a potential Bloomberg for President run, as an Independent or even one of the parties.

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