Posted on February 14, 2010.
Republic of socialist State united of America
White former House economist Nouriel Roubini, that foresaw the current financial storm, has two years ago a harder verdict. It says that the WORE turns in the "Is United the Republic of the socialist state of America". When the other nations were in the same financial binding as America is today, we said them to suck it on and left the markets dictates what needs to be done. And now?
Now that the shoe is on the other foot, we say a history of differernt.
The American capitalist corporation is now dead. We no longer let us are one liberate the market Nation. Have boredoms and America will come to your rescue- unless you are a commercial corporation Jew. Sorry Lehman Brothers, THIS IS the bankruptcy for you- you are alone. Is on which with that? : - (
America has BILLION for a Fannie Mae and the purchase of Mack of Freddie out. America has although is necessary ($85,000,000,000) to help AIG. America has $29.000.000.000 of money of taxpayer to the risk to facilitate JPMorgan Chase (JPC) the acquisition of bank of investment Carry Stearns. And now our government goes to GUARANTEE all the losses. Have boredoms and the government will abandon you- if they like you.
The cost to abandon our economy will surpass $1,000,000,000,000.00! That is one "T" As in the TRILLION!
Through more than a decade of recurrent crises in the nations as Mexico, Russia and Thailand, the United States offered the same counsel: Leave the market redsout the problem and obtains the government to a place where it will not bother you. Even when the consequences of such economical "hard love" included the shed, mind-blowing unemployment poverty and the agitation domesticates, Washington was anxious the rule that the market knew better.
And do not now we follow this rule?
As much of integrity. Do as WE SAY and not as WE DO!