« Regarding Josh Marshall's 100th Time on Nationalization | eaanders's Blog | Scared to criticize Obama and his economic team? »
Watch this video and you'll know what's really going on
This guy's got it all figured out, from an historical perspective. The oligarchs are running the show, not the people. Obama, start listening! Get the money changers out of the government!
http://www.ritholtz.com/blog/2009/02/michael-hudson-six-minutes-with-the-renegade-economist/
http://www.ritholtz.com/blog/2009/02/michael-hudson-six-minutes-with-the-renegade-economist/
Advertisement
Right on about the parasite and the host.
Earlier I posted on another blog, about Symbiotic Relationships.
Geithner and Larry Summers are lackeys of a SYSTEM that benefit the Special interest of Wealth an privilege, at the expense of the vulnerable lower and middle class.
Thank God maybe they'll throw a few crumbs our way in the way of a safety net. Maybe
Create a Superfund; lower the interest rates on home mortgages to a 4% interest only I/O for 10 years, making mortgage payments affordable. All the while this will preserve home values; without lowering the principle.
4% on $300k is more affordable then 6% on $300k.
The savings by the homeowner, would surely stimulate the economy
Of course the parasites wouldn't like it.
February 28, 2009 6:36 PM | Reply | Permalink
I will try to hyperlink the site
http://www.ritholtz.com/blog/2009/02/michael-hudson-six-minutes-with-the-renegade-economist/
February 28, 2009 6:41 PM | Reply | Permalink
"They don't do anything. They just stand there and take their cut."
Can you say Pimp ??? I knew you could boys and girls.
C
February 28, 2009 6:58 PM | Reply | Permalink