Mortgage Meltdown: Socialized Losses and Expenses The root of any solution to the current credit crisis and meltdown is politics, which is simply a consensus of opinion. When people consent to an idea like “free market” it seems to work because we make it work. The fact is that we don’t have a free market, […]

Tags: BEAR STEARNS, Federal reserve, free market, military, regulation, socialism, socialized education, socialized medicine
Posted in bubble, Corruption, Eviction, securities fraud |

Bear Stearns Deal and What it Means In the absence of someone filing the leadership vacuum now, we must use the rules of civil procedure to slow down the foreclosures, evictions and bankruptcies. We need breathing room if we are to avoid a depression, or if one is coming anyway, to at least keep it […]

Tags: BEAR STEARNS, Buffett, confidence, depression, Federal reserve, J Pierpont Morgan, JP Morgan, leadership, respect, trust
Posted in bubble, Corruption, Eviction, securities fraud |

Fall of the Dollar + HYPER Inflation The fix is out. The Fed’s last ditch effort using depression era authority to hold off Bear Stearns failure is all we need to know. Officials at the Fed admit publicly that what they are doing is not fixing anything. Economists have taken off their rose colored glasses […]

Tags: ATM, BEAR STEARNS, credit, euro, POB, Point of Banking, Point of Sale, POS
Posted in bubble, Eviction, securities fraud, Uncategorized |