Pages

Thursday, January 29, 2009

Economic stimulus package:Diversion


The new economic stimulus package is
a diversion, has nothing to do with the 
economic problems USA is facing,
the Toxic sub-prime paper the Criminal 
banks fosted on the stock markets is the 
real problem, a festering cancer.

The growing size of the Gross National
debt from around 2 trillion to 7 Trillion
in the space of a couple of years
is a concentrated form of inflationary
pressure on prices and deflationary
pressure on the US Dollar.
This will result in higher prices and 
lower value for the Dollar.

The stimlus package amounts to a bribe
 to the American public to ignore the 
base economic problems.

If the Toxic paper issue isn't addressed
soon it could result in an economic 
Collapse.

A defaulting of huge amounts of toxic paper
many many Trillions of Dollars,
in the money markets and other deratives.
And other paper investments related to the 
mortage markets and Fannie and Freddie.
And other funds with the toxic paper, including
hedge funds.

Resulting in the possible nationalization of banks
and hopefuly criminal prosecution for the main
banking actors.

Other issue: Whom decided hedge funds
Shouldn't be regulated?
Find him, fire him.
Why is Bernie still at large?
Why isn't he in prision.
If US can track al Qaeda funding world wide,
we don't need Bernies cooperation.
The feds will find everything they need.

Regulate  hedge funds NOW.

Gerald
Series 7 and 13


.

No comments:

Post a Comment