HowardBaby, we are Born to Crash-Bruce Springsteen
Bruce Springsteen and some chick
In June we watched Bear Stearns go bankrupt in a crazy speculative dream
Now we see the losses of Merrill and Citi in their suicide machines
Federal regulators sure are getting pissed,
The financial system has the AIDS virus—Wooow!
Baby we need an FDR bankruptcy,
It's a death trap, it's a suicide rap,
$700 trillion in derivative, you see;;
`Cause tramps like us, baby we’re as broke as can be;;
Wendy, I wanna sell you a hamburger;
And maybe a house too-- guard your dreams and visions;;
But the mortgage bubble has just started crashing;;
It’s the death of the sub-prime rip-off;;
I’d like to pretend to own a big house;;
But the mortgage’s getting bigger, I feel lie a big louse;;
Wooow!
I now it’s out on the wire that dude will resign;;
You know Prince and Merrill’s Stanley, jumping out over the line;;
But I gotta find out how bankruptcy feels;;
I want a New Bretton Woods;;
And find out that new credit is real;;
Beyond the Palace, Cheney screams he wants a new Iran war;;
And Pelosi mumbles excuses, like a Felix Rohatyn whore;;
The Nuclear War plan sticks out bold and stark;
And my Fallout suit is ready;;
I wanna die with you Wendy on the streets tonight;
So we gotta reorganize Baby;
Bankruptcy, that is the plan we run;;
Cmon Wendy, bankruptcy that is the plan, let it run!!
pix at Really Long Link
http: //thephoenix. com/ article_ektid13577.aspx
Lyndon LaRouche today strongly chastized those who have attacked him, for repeatedly warning that the entire global financial and monetary system is hopelessly, irreversibly bankrupt, and must be put through a bankruptcy reorganization to begin a process of global reconstruction. "... that Merrill Lynch and Citicorp, are in dire crisis and have chosen to fire their CEOs," LaRouche said, "just serves to underscore that I have been right, and all of my critics have been wrong to the point of clinical insanity." LaRouche noted that Bloomberg was reporting on Nov. 4 that former U.S. Treasury Secretary Robert Rubin is likely to be brought in as the "interim" chairman of Citigroup.
LaRouche cited his now famous Triple Curve Function, as the reference point for understanding the scale of the financial and physical economic breakdown process that has entered a new, accelerated phase in recent weeks.
Note, that the triple curve compares the rate of expansion of physical production, versus monetary expansion and outstanding financial instruments. Now we are beginning to hyperinflate. It doesn't quite look like Weimar Germany, but that is because we are the power, we have the dollar, but there is a limit to a lunatics power...
Good stuff ...
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Peace
JTD
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