The 11th Round: The Wall Street Crisis and Bailout Bill Explained
Submitted by Michael Nystrom on Mon, 09/29/2008 - 17:17
Friends, I put up my first real article over at the new site, the Voter Bomb using a parable called the "11th Round" to explain the roots of the Wall St. crisis and the bailout.
Please read it here: The 11th Round: The Wall Street Crisis and Bailout Bill Explained and let me know what you think. Remember, if you have an account at the Daily Paul before 9/25, you can use the same username / password at the Voter Bomb to log in, post comments, blogs and forum topics there. The new site is set up just like this one!
And if you like the article, if you learn something, and think it is of value, please ! ! D I G G I T ! !
Thank you all! It was a tremendous day!
Michael
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Just a quick question before I hop over there
Is that 9/25/07 or '08?
Some of us have committed over a year of our lives to this site ;-)
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http://www.pyrabang.com - the Patriot newsfeed machine that will take a huge bite out of Google's ad profits and put them in your pocket!
What he said!
http://www.tragedyandhope.com
http://www.im2moro.com
You're right!
2008!
Thank you!
Well done...
we also need to understand this...
GOVERNMENT OWNS IT "ALL" BY INVESTMENT
Now the Question is: Do you own Government?
Comprehensive Annual Financial Report - CAFR
- Government's true wealth shown, by Walter Burien
http://cafr1.com/
Excellent
"As long as things are growing, everything appears to be fine. The system appears stable. The banking system can continue to create more debt, and the companies can take on more leverage. But there is a limit to how much debt can be created by the banking system. The US economy has apparently reached that limit! The private sector cannot take on any more debt. This is why the bankers are attempting to push all of the bad, toxic, worthless debt onto the government! "
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I may be wrong. but I believe the highlighted statement was one of the main reasons that the Bush administration pushed so hard to get Immigration Reform passed, because it would create more bodies to expand credit and keep the treadmill moving.
The banks were so desperate that they were giving credit cards to illegal aliens...no social security required
Well done!
Michael,
Awesome article. As good as it gets. The article is short and concise, a must read for all Americans.
Keep up the good work. You are an inspiration.
Greg
very nice read! Thanks
very nice read! Thanks General Nystrom!
Stay on those Reps! "an eye for an aye!"
Trust in God, but tie your camel tight.
"Socialism needs two legs on which to stand; a right and a left. While appearing to be in complete opposition to one another,they both march in the same direction." - Paul Proctor
An Eye for an Aye!
Good one!
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Support the Daily Paul - buy an exclusive, limited edition poster!
wish I could claim it but
wish I could claim it but saw in DIGG comments :-) Feel free to use it...lol
LET'S GET THOSE DIGGS UP THERE!
Trust in God, but tie your camel tight.
"Socialism needs two legs on which to stand; a right and a left. While appearing to be in complete opposition to one another,they both march in the same direction." - Paul Proctor
I like "If in doubt, vote
I like "If in doubt, vote them out!".
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"The main thing that I learned about conspiracy theory is that conspiracy theorists actually believe in a conspiracy because that is more comforting. The truth of the world is that it is chaotic..." —Alan Moore