HowardSpringsteen Says Cover Me
November 24th 2007 14:14
Cover me and bankruptcy
I've been bankrupt, I have crashed;
I have fallen on my arse- cover me;
C'mon baby, and cover me;
My derivative contracts said they would cover me;
Credit backed derivatives,
Were supposed to be insurance and then- cover me;
Like now when everything is still crashing;;
But, what will I do if my insurance don't cover me;
Credit derivatives, double again;
Will they be my only friend?
Or in this process of endless war;
Will they be worthless more and more;;
Cmon Ben Bernancke, Cover me;
Or better yet New Bretton Woods;
Bail out me!
pix at Really Long Link
http: //41miles .wordpress. com/2007/08/23/bruce-springst eens-radio-nowhere-lyrics/
Lyndon LaRouche's forecasting record as the leading physical economist for the last fifty years has given him the authority on matters of political economics and other facets of knowledge. His policy for a New Bretton Woods agreement in the spirit of Franklin D. Roosevelt's American System Principles is urgently needed. Imagine a star or supernova exploding, and all you see is the debris floating around. LPAC presented some of the flying debris of the financial system. Wall St. and London Bankers are right now going haywire! The financial debris is floating around in space, waiting to hit something.
What LaRouche has been stressing over the recent days, is that the United States and China must cooperate in order to establish the urgently required new fixed-exchange rate monetary system. Any anti-Westphalian principles against China would be ludicrous at this time. And yet the idiots continue making provocations, Dems and Repubs alike.
Now Fannie Mae and Freddie Mac, the two Govt Sponsored Agencies (GSAs) are also being hit with huge losses. "Sub-prime mortgages refers to cuts of beef," LaRouche explained today. "It's not just some mortgages which are sub-prime; it's the whole global financial system." So sign up at LPAC and do something before it's too late!
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