HowardNothing Left to Lose - Matt Kearney
Nothing Left to Lose
pix link Really Long Link
Well I feel the system going down;
One Trillion bad debt can give me a frown;
There's a fire burning there, and it's coming soon;
Collaterizated Debt Obligations, from the sub-prime mess to civilization;
Gonna need a New Bretton Woods, and need it soon;
Home and Bank Protection; Freeze the darn Bubble;
Cause when the Insurers' Blow, No One Knows;
C'mon and get that New Bretton Woods;
Home and Bank Protection Act;
Push the pedal down, watch the world change for bettttteeer;
C'mon let's tryyyyyyy, one last timeeeee;
Go for the floor, one more time to save us;
Here we go, nothing left to prove;
Here we go, nothing left to lose;
New Bretton Woods was in the press this week. The world's largest newspaper, the People's Daily of China, published in both its Chinese and English editions coverage of Lyndon LaRouche's press conference outside of Washington DC. The meeting also concerned the peaceful reunification of China and Taiwan. Note that Hong Kong has reunited with China, but still maintains its separate legal system and currency. It also maintains a capitalist social system.
Also, more towns passed the Home and Bank Protection Act memorandum to the US Congress, with some big towns joining like Newark, NJ and Pittsburgh Pa. Buffalo, NY may be in the mix soon as well.
Hunt Famous
Orble Post of the Day
Fat Cult
Techbreak
Real Crash
Really Long Link
Larouche link, china peoples daily
Homeowners and Bankers Protection Act.
The HBPA is model legislation from Lyndon LaRouche Pac on basically freezing mortgages that are in default and at the same time protecting banks from claims from things like Mortgage Backed Securities. Actually I'll make this a post.
If we throw 5 million households out of their homes in the USA, this will cause a huge social crisis. At the same time these claims in the pyramid are un-payable in any case.