Karl
Highlands Ranch,#2Consumer Comment
Tue, June 16, 2009
You might want to read it. Simply 'Google' this- SOROS SLAMS INSTRUMENTS OF DESTRUCTION CNNMONEY, and it should come up. It's about the 'credit default swaps' & the 'derivatives' that have basically COLLAPSED the many banks & much of our economy, and have LOWERED the value of houses all over the USA. Isn't it ironic that the government will do all it can to stop the illegal flow of drugs into our country, but they ALLOWED these 'financial weapons of mass destruction' to flourish? That's the quote made by billionaire investor Warren Buffet, which appears in that CNNMoney.com article. I believe in 2003 Warren Buffett made the quote- 'financial weapons of mass destruction' in regards to 'derivatives'. Those 'DERIVATIVES' & 'CREDIT DEFAULT SWAPS' are almost as bad as illegal drugs, wouldn't you agree? They certainly have done a LOT of damage to our economy & our country, right? Make sure to 'Google' & watch all of the following on the web- INSIDE THE MELTDOWN AMERICA: FREEDOM TO FASCISM THE OBAMA DECEPTION 9/11 PRESS FOR TRUTH And tonight on most PBS stations, the following special will be airing- BREAKING THE BANK. It's about the shot-gun marriage beteen Bank of America & Merrill Lynch. It should be available on the web soon. Quote: 'POWER is knowledge.' POWER TO THE PEOPLE