The Zombie Banks
Paul Krugman says that it looks as if we’re headed for the decade of the living dead in his article All the President’s Zombies.
The comments are the best part. Here is one to ponder:
“It’s safe to say that this is intentional.
The people in the administration must know that their pursuing the Japanification of our financial system, and the subsequent concrete-filled sunken frigate that places in the way of economic recovery.
I’m unwilling to chalk this up to incompetence, and there’s simply no wiggle room left for plausible deniability.
So, the question becomes. Knowing full well that this is an incredibly bad plan that is going to completely undermine the efficacy of any movement toward recovery, why are they pursuing it?”
— Nathan Aschbacher
As long as the Goldman Sachs foxes & Obama’s private sector Economic Advisory Board are acting in their personal best interest as judge, jury and executioner of taxpayer funds get to keep guarding the Henhouse, how long will Americans be content with such rampant socialism for the Plutocracy?
Patrice Ayme wonders why The People continue to allow themselves to pay for the hyper rich to fleece them in this excellent article. Ayme describes how America’s “thick, plutocratic layer” has established for themselves “fiscal paradises, places where their money was channeled to escape the IRS” and suggests that those “geniuses”, the “outstanding” friends of Obama’s advisers who contrived the greatest Ponzi scheme of all times (the derivative system) be held accountable by pushing for RICO (The Racketeer Influenced and Corrupt Organizations Act.)
When it comes to making them accountable, it is crystal clear that any talk of “transparency” coming from the private sector Economic advisory board and the Obama administration is first filtered and distilled to make it palatable for select Pigs at the Trough.
Party on, plebes!