The End of the Age of Credit
• TheAutomaticEarth.blogspot.comThe options are dead(ly) simple. We will find out over the next few months that our banks are screamingly underfunded, and that not bailing them out will lead to bank runs and panics.
The options are dead(ly) simple. We will find out over the next few months that our banks are screamingly underfunded, and that not bailing them out will lead to bank runs and panics.
Yeah! Because the banksters have played fast and loose with their fractional banking ponzi scheme, and fear angry mobs making a run on the banks, we taxpayers should give them more funds in order to collect our own funds due at the teller windows. Does this really make any sense? The robbers need more money to stay solvent, and to keep their guns out of our faces at the bank, we are required to give the robbers more money?
Either we should pardon Bernie Madoff or jail a lot of banksters, starting with "Helicopter Ben" Bernanke! It is time for a revolution this July 4th! We can never recover within this crooked Federal Reserve Bank system.