Re: Financial Sector self-destructing
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Re: Financial Sector self-destructing         

Group: sci.econ · Group Profile
Author: Canuck57
Date: Mar 28, 2008 19:34

"Jerry Kraus" yahoo.com> wrote in message
news:0fbaa5d8-44c1-40de-8b63-820569e3f367@c65g2000hsa.googlegroups.com...
On Mar 28, 2:07 pm, Sushi Fish yahoo.com> wrote:
> On Mar 28, 10:28 am, Jerry Kraus yahoo.com> wrote:
>
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>> In typical neocon fashion, the fascist at the Fed, Ben Bernanke, is
>> continuing to bail out greed, incompetence, exploitation and
>> destruction, at U.S. taxpayer expense, and, at the risk of further
>> undermining the U.S. currency. Another 100 billion of your taxpayer
>> dollars will be going to subsidize the multi-million dollar salaries
>> of CEO's of vicious, worthless and incompetent Wall Street Firms. God
>> knows, they've earned it! After all, what are taxes for, if not to
>> finance the destruction of the U.S. military and the Nation of Iraq,
>> and to ensure that CEO's and their immediate families can live in the
>> fashion to which they've become accustomed -- that is, like Royalty.
>
>> Of course, even the government doesn't have enough money to finanace
>> these scum out of their entirely self-created problems. They've
>> created nothing, done nothing, stolen, lied and cheated the nation and
>> the world for decades, and now they can't find anyone stupid enough to
>> let them cheat them anymore. So, they've come crying to their buddies
>> at the Fed, who are more than happy to bail out "family" like them.
>> But, shortly, even they may have to face reality. The CEO-leeches on
>> Wall Street are no better than the rest of us -- they are worse.
>
> FED does anything to prevent the rerun of 1929, even pay ransoms to
> financial hijackers who held economy and consumers hostage. Since Fed
> is willing to bail out Bear Stearns, a group of sub-prime associates
> come forward to ask for help. We will pay for all the money Fed
> printed, by inflation and taxation. Sub-prime lenders and banks give
> a lot of $ to BOTH Obama and Clinton in presidential race.- Hide quoted
> text -
>
> - Show quoted text -

Sounds a bit like hyperinflation to me. If they keep it up.
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Wait until you get next winters heating bill.
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