A song written in 2005 about what is going down in 2011!
Into the Silos
What do I know?
Whispering sweetest secrets
For all the World to hear
It’s live on television
Posted in Ancient Chinese Secret Huh?, Bonfire of the Vanities, Cribsian Dream, Debt Proof? I Think Not!, Depression 2.0, Dogville, Financial Collapse?, Frack Off!, General, High School Uber Alles, Moving Pictures, Musicpaulogy, Oil's Well That Ends Badly!, Ou Retarded Kids, Our retarded kids, She Blinded Me with Science!, Songs of the Week, speedhair, The Art of War, The Prime Mover, The Rise of the Machines, Thermonuclear Destruction, Too Much Information, Uncategorized, What's a Grecian Urn?, WT7 Conspiracy, Zoltar, tagged Earth..what a shithole!, end of days, military, speedhair on May 19, 2011| Leave a Comment »
…and that you could counterfeit the money required to pay your interest payments with permission of the mafia gang lords that are lending you the money…UNTIL THEY DECIDE YOU CAN’T. And you don’t know when they will decide that. But when they do..Game Over.
Welcome to America.
Reposted from Zero Hedge
Courtesy of Economic Policy Journal we now know that the majority of American states are currently insolvent, and that the US Treasury has been conducting a shadow bailout of at least 32 US states. Over 60% of Americans receiving state unemployment benefits are getting these directly from the US government, as 32 states have now borrowed $37.8 billion from Uncle Sam to fund unemployment insurance. The states in most dire condition, are, not unexpectedly, the unholy trifecta of California ($6.9 billion borrowed), Michigan ($3.9 billion), and New York ($3.2 billion). With this form of shadow bailout occurring, one can only wonder how many other shadow programs are currently in operation to fund states under the table with federal money.The full list of America’s 32 insolvent states is below, sorted in order of bankruptedness.