Thursday, February 26, 2009

U.S. Shadow Banking System

Thanks to Mick Gallagher.
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U.S. Shadow Banking System
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Ironically now it's a battle of psychological as well as economic malaise, because of fear to buy things. We are in a socioeconomic deepfreeze. Now's when we need a confidence builder.... That's why our steller 2 party system needs to cut the [nonsense], and harmonize for a change, instead of willing the new deal stuff to an early death, so they can take the majority in two years! Have they ever just tried to be positively constructive? I mean seriously look[ing] back over the Clinton years; they beat his... brains out everyday--and I guarantee, you do that to someone-- a team, a party, a person-- the sheer negative, constant pounding from within/without will make that person [or] administration fail, and collapse; and whatever happened to "United We Stand"? Or is that only when one party sits, and the other "stands"?...The many "chosen" few caused this... abyss. The poor don't cause global economic meltdowns, wars for profit, power, control of resources in foreign lands. It's usually the rich guys, who just dont have "enough."
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This was by far the most intelligent, rational, informative discussion I've heard to date, re how we arrived here. I suspected the usual suspects, and am now zeroing in on them,... Greenspan, Robert Rueban, Larry Summers all held high court over these
bizarre, convoluted, greedy, dark market schemes, since early Clinton days, I suspect. I am leary also of "Rambo" [Rom] Emmanuel [although I have] no clear cut evidence as of yet. But their all... sharks, both parties, both houses. Not all Congresspeople, though; we must not paint a broad stroke on all. No, that is not fair, or reasonable....Let's not let these scumbags deflect all the anger back to the victims of the dark side of unbridled capitalism.

go to wamu.org


U.S. Shadow Banking System
http://www.wamu.org/programs/dr/09/02/24.php#24937

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