Lots of photos/pictures and links so please continue reading at the original source. Someone please tell me why “the profits are private, losses are public”? ~ Lo
by Norman Livergood
Capitalism has struck the deadly ice reef of corruption and is now sinking fast. But passengers of the American ship of state–already drowning in the murderous waters of loss of homes and jobs–are still believing politicians’ reassurances that nothing’s really happening.
The lifeboats, courtesy of the Federal Reserve and the U.S. treasury, are “saving” big financial institutions: Fannie Mae, Freddie Mac, Bear Stearns, IndyMac, and a host of others to the tune of 400 billion dollars so far.
Most Americans have become so brain-dead that they’re not aware they’ve been thrown into the freezing waters by predatory capitalists.
…continued at http://www.hermes-press.com/collapse.htm
FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.
Filed under: Bush-George W, Business, Capitalism, Corporations, Dandelion Salad News or Politics, Economy, Fascism, Politics Tagged: | Bush-George W., Fascism on Dandelion Salad, The Economy Sucks and or Collapse