Monday, June 29, 2009


ON THE BIGGEST FINANCIAL HEIST IN HISTORY,
CURRENTLY UNDER WAY


Not just from the US public, but from the world public.

"If you look at the history of the Republic, from the Revolutionary War until about a year or two ago, it took us our entire history to accumulate $12 trillion in debt, and now, literally in a year and a half, we've bestowed the equivalent amount of money on the banks; it's literally like rounding up all the net equity left in the entire country and just transferring it to a small banking sector. That's why I call it a financial coup d'etat." --Catherine Austin Fitts

Part 2, Part 3, Part 4

+

THE GREAT AMERICAN BUBBLE MACHINE

+

Lewis contends that there may be more upheavals to come. He is also shocked that the Treasury, the SEC and other agencies haven’t really begun to investigate what happened in the subprime mess. He says that when he has interviewed numerous executives from financial institutions, such as AIG’s Financial Products division, they tell him that no one from a regulator has come to try to find out exactly what happened. That fact alone, is simply astonishing.

No comments: