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Good morning Mother Russia!!!
Posted: 12:15 am
September 18th, 2008
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IT Business

19 Woke up this morning a little low on cash with a worthless I.O.U. certificate for AIG up my crack. Government lended $85 billion to a worthless insurance company that leveraged itself to the eyeballs and with a 5% market drop found itself basically becoming a part of the government and part owned by every American that is bailing it out. So this is what Communism feels like?

The biggest and richest companies that make money offering Americans financial advice and financing “the american dream” are going out of business in a blowout meltdown. If that’s not a sign of how fu*ed we are I don’t know what is.

4 Comments

Russia » Russia’s Privilege. Medvedev Quote. |

[...] Good morning Mother Russia!!!19 Woke up this morning a little low on cash with a worthless IOU certificate for AIG up my crack. Government lended $85 billion to a worthless insurance company that leveraged itself to the eyeballs and with a 5% market drop found … [...]



John Behneman |

Couldn’t agree more!

It is all by design:

The Final Destruction Of The Middle Class The Great 2008 Transfer Of Wealth
By Joan Veon 9-18-8
http://www.rense.com/general83/class.htm



John Behneman |

If you really want to know how bad it really is why, this is a fantastic article on the subject:

The Housing and Economic Recovery Act of 2008: An Analysis by Catherine Austin Fitts

http://solari.com/archive/housing_bill/



Dan McCoy |

If you really want to get a good kick out of all the poor leveraged slobs out there listen to the Dave Ramsey show sometime. You’d think he was your brother Vlad albeit without the language…

He tells them where to go and what to do and it provided pure Comic relief when I get tired of hearing the endless Alan Deutschmann case studies in Change or Die! Great book BTW.








 

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