One Sentence In A Der Spiegel Article Explains It All

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Bill Call
Posts: 3317
Joined: Mon Jun 06, 2005 1:10 pm

One Sentence In A Der Spiegel Article Explains It All

Post by Bill Call »

Since 2006 the US government has not published money supply figures. The current crisis was caused by the explosive growth in the money supply. President Obama's solution is to increase the money supply by an even greater amount.

http://www.spiegel.de/international/wor ... 24,00.html
Jim DeVito
Posts: 946
Joined: Wed Jul 11, 2007 7:11 am
Location: Lakewood, Ohio

Post by Jim DeVito »

Bill, I love how most of the links you post start with the word "Opinion" ;-)

Bill Moyers guest last Friday, William Black explains how we as a nation we defrauded by the same people we are now giving money to.

http://www.pbs.org/moyers/journal/04032009/watch.html

BILL MOYERS: So you're suggesting, saying that CEOs of some of these banks and mortgage firms in order to increase their own personal income, deliberately set out to make bad loans?

WILLIAM K. BLACK: Yes.
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