Economic Collapse by Norman Livergood

Dandelion Salad

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
Hermes Press
July 2008

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

h/t: Speaking Truth to Power

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Swan Song for Fannie – Eulogy For The “Ownership Society”

The Economy Sucks and or Collapse

What is Socialism? (archive of posts)

6 responses to “Economic Collapse by Norman Livergood

  1. Pingback: Inflation and the New World Order by Richard C. Cook « Dandelion Salad

  2. Pingback: World Prout Assembly: Monetary Policy with Richard C. Cook « Dandelion Salad

  3. Pingback: Saving bankers while home owners fail « Dandelion Salad

  4. Money, the root of all evil….
    Got gold or silver ?

  5. Pingback: Bill Moyers Journal: Mortgage Mess + Wall Street + Justice & the American Dream « Dandelion Salad

  6. Pingback: Deep in the capitalist doo-doo by William Bowles « Dandelion Salad

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