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Posts Tagged ‘Regency’

I’ve read in a number of places that nothing should be done to break up mega banks and to expose the fraud that has become the cornerstone of the American political and economic systems because it is too risky. Which is to say it’s too difficult to put the genie (i.e. “Fraud”) back in the bottle.
Should BP give up on trying to fix the hole in the bottom of the sea that’s spewing black death into the Ocean because it’s extremely difficult and expensive to pull off?

This Financial Crisis is one of the greatest man made disaster ever unleashed. The Collapse of Lehman was the Deep Horizon toppling into the sea and the obstructionism on Capitol Hill is equivalent to just sitting on the shore and sipping mohitos while waiting for the slick to devastate the shore.

It would seem that the oligarchy has no qualms whatsoever about hanging Civilization as we know it over the Abyss of financial ruin by its ankles, I’m starting to think that sky’s the limit on what these people are willing and capable of doing. (more…)

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