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Real Crash - by Howard

 
We can avoid nuclear war by putting the financial system into bankruptcy reorganization.Need Glass-Steagall Act, water projects, space program. Need a change to production, the real American System.

The Bear Stearns Truth

Real Crash- Looking at the Financial System and the War Drive:
This bailout of Bear Stearns was a crime, it was illegal. It was wrong. People will suffer and die because this crime was allowed to be committed. People in the administration should go to jail for allowing the Federal Reserve to do this. Some people in Congress like Henry Waxman may investigate this soon, but it was a crime.

Bear Stearns is not a regulated chartered bank. Let it crash, let's have a bankruptcy reorganization before it's too late. Do you like paying $4 gallon for gas, $1.50 a lb for a box of pasta? This is just the beginning of hyper-inflation unless we stop this fascist crap. Tell that to Obama the next time he does his "I dream of nice things" crap.



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1 Comments. [ Add A Comment ]
1. March 21st 2008 @ 12:43. S.L. Says:
Perhaps I misunderstood the news, Howard. I was under the impression that another bank had bailed Bear Sterns out. What, exactly, should Henry Waxman be investigating? As far as I've ever seen, Mr. Waxman devotes his energies to investigating only Republicans. He tends to gloss over wrong-doing by libs/dems.

Perhaps he should have investigated the ".com" bubble from the 90's? You know, the one that was responsible for the recession when Pres. Bush was newly in office? Or maybe some of the root causes for 9/11, like Clintons failure to act when we were repeatedly attacked? Or maybe the crooked, greedy schemers who came up with "flexible rate mortgages" and the speculators who furthered it? Or were those things necessarily political in nature?

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