Dr. Housing Bubble 10/07/08

[Crewleader]

Economic Punch Drunk Love: 3 Fascinating Financial Stories Captivating the Market: CEO Being Punched, Bank of America Past Comes Back, and the Politics of the Bailout Plan.

What does getting punched at the gym, being forced to modify a large number of loans, and screwing over the American people have in common? It is all just another day at a comfortable and secure mahogany desk job for Wall Street and our politicians.

While a large number of Americans fret over a full blown economic collapse, the crony capitalist are doing everything to maintain their stranglehold on the casino which is otherwise known as the global financial system. This weekend a survey by the Wall Street Journal found that 6 out of 10 Americans felt another Depression was possible. That is a Depression with a capital “D”, not recession as in the mythical Great Depression which apparently most of Wall Street has forgotten since they fail to examine any historical context.

http://www.doctorhousingbubble.com/economic-punch-drunk-love-3-fascinating-financial-stories-captivating-the-market-ceo-being-punched-bank-of-america-past-comes-back-and-the-politics-of-the-bailout-plan/

[upi402]

1. The comfortable will love the era of bargains and cheap labor about to

fall in their soft laps.

Sure would be nice if they had to pay.