The $700 Billion Bailout: One More Weapon of Mass Deception By Richard W. Behan, AlterNet. Posted September 22, 2008. The American economy needs help, but there are other, far more equitable ways to accomplish it. Not since the Bush administration's lies about Iraq's "weapons of mass destruction" have the American people been so despicably misled. The Bush administration's proposal to
Free Market Disaster By Don Monkerud Created Mar 27 2008 - 9:39am The current financial crisis grew out of politicized government policy and a shared belief among business elites to support a laissez-fair, free market, anti-tax economy unhindered by regulations. And ordinary citizens are paying the price of a system rigged to the advantage of those who manipulate capital. "The foreclosure
Published on The Smirking Chimp (http://www.smirkingchimp.com) Free Market Disaster By Don Monkerud Created Mar 27 2008 - 9:39am The current financial crisis grew out of politicized government policy and a shared belief among business elites to support a laissez-fair, free market, anti-tax economy unhindered by regulations. And ordinary citizens are paying the price of a system rigged to the
Monetary reform is not as complex as one might think. And especially for Canada, which actually has a history of practicing GCM (more on this below), this can be easily implemented. To detail this a little more, from 1939-1974 the federal government was using the Bank of Canada (a Crown Corporation) for a lot of its financing. The way this worked was the government sold government bonds to the
Stupid Chinese bought our mortgage-back securities by the boatload, thinking they'd be paid back. Oh well---they wanted our factories, so I guess that was the quid pro quo. Consider yourself already paid back, China. That paper you're holding isn't worth shit: ***************************************************************************************************** ---------------
