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Reply #97: Dirty Ring Around the WHITE Collar [View All]

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Jambalaya Donating Member (359 posts) Send PM | Profile | Ignore Sat Dec-06-08 09:16 PM
Response to Reply #18
97. Dirty Ring Around the WHITE Collar
I have expressed the SAME sentiment,almost word for word.THIS IS CLASS WARFARE,FOLKS.I dpn't know if those here recall, but when the bailout first was announced, it was only a five page document by Paulson,and represented by the WH Deputy Press Secretary as requiring no more than an aftemoon's review by Congress !Folks, the hubris was astonishing . AIG and CITIBANK was not publicly lynched,drawn,and quartered,unlike Detroit, because these are the institutions of choice that are the gatekeepers for the shadow banking systems -for the less than ethical and legal transactions of the world's movers ansd shakers.The pattern of the current economic meltdown is a repeat of the BCCI and S&L scandals of the late '80's ,experienced during another Bush imperium, Poppy Bush. This was the era of Milken and junk bonds-and also when the Saudis bought massive blocks of Citicorp for pennies on the dollar. Siverado ,another Neal Bush enterprise cost billions-as did the Keating five affair.And look at who,what,when where and why we are in this present position,today. It's deja vu all over again-and the same usual suspects. Every time a Bush is in office, the economy gets looted just before they leave office.... To learn about the history of AIG,and the depth and breadth of the global offshoring of taxes,go to Lucy Komisar's website. She has done seminal work on these matters for years,now.You're only disappointment will be in NOT reviewing her valuable insights.
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