A repository for Marcospinelli's comments and essays published at other websites.

Anti-Austerity Protests Break Out In Athens And Madrid

Wednesday, September 26, 2012


Me, too, about Vegas.

The problem here is that to let the banks go bankrupt would have brought a world of hurt around the world on the 99%.  

The banks never should have been deregulated, and once they were bailed out, they've never been deregulated.  The Finance Reform bill is a joke, a disaster in waiting.  My biggest problem with Obama (and how I know him to be a con artist and in on the crimes) is that he didn't tie the bailout to regulations.  

As it stands now, all of the same practices that got us into this mess are continuing.  Another real estate balloon is taking place, with foreign investors buying American real estate on the cheap.  The mortgages are, again, being sliced and diced (along with all other types of loans), so that there will be no way to trace them.  
Read the Article at HuffingtonPost

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