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One Sentence In A Der Spiegel Article Explains It All
Posted: Sun Apr 05, 2009 8:05 am
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
Posted: Sun Apr 05, 2009 6:07 pm
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.