The Lehman legacy and the predator state

James K. Galbraith: One year later, banks are making profits with public cash without lending in public's interest

Produced by Jesse Freeston

Category:

News & Politics

Tags:

• banks
• citibank
• goldman
• sachs
• jp
• morgan
• chase
• crisis
• news
• wachovia
• wells
• fargo
• bank
• of
• america
• aig
• fannie
• mae
• freddie
• mac

[Bishop153]

An economy is providing GOODS AND SERVICE, so long as the U.S. thinks they can sustain an economy without providing the worlds market's with anything, it will always fail. It doesn't matter how regulated or how substantial it's financial institutions are effective. A country with no industry and massive debt will fail in a global economy. Unless something drastic happens, they'll fade out to the productive/industrial nations.

[flyhead2]

The cure is simple, 'exotic' and radical; do away with all forms of usury. As an atheist and someone opposed to Islam (and other religions), look to Sharia-banking for the cure.

[giftmone131557]

Wake Up To $5000 Cash From Home Like Me!

Have You Made At Least $3000 Online In 2010 ? ..I Have

I'm Mentor Sam..

I've already recieved IN CASH $5,700 This Month!

I KNOW HOW YOU FEEL ..I've been there

fustrated-want to just quit-tired-betrayed-let down

I went from an assembly line worker (who got laid off) to...

Well Just Watch The Video!......

Mentor Sam (252) 626-9777

CashLikeSam com

[deewana16]

interesting comment, but yeah...agreed

[ManFaded]

Would anyone? I guess only time will tell.

[asperin]

now it sounds better, you are putting the option of the death penalty in your words.

But sort of drifting from the topic, your predictions of "masses taking back control" sound a lot like 1776 to me. Good, but degradable, thus 233 years later look at how we are doing.

Want to repeat the same mistake again?

[ManFaded]

After all the smoke clears and the current illusions that bind us increasingly become exposed, the masses will once again take control. New courts will arise should any renaissance of our current system fail, and imprisonment is exactly what happens while the guilty awaits his or her fate. Whether it be biding their time for their head to roll or just waiting for complete liquidation of their assets.

[asperin]

Deceive me to what?

To the fact that the imprisonment of certain people is a disadvantage for those outside the prison?

That the whole legal system is based on corruption?

French Revolution... Come on, you have nothing to say.

[ManFaded]

Ever heard of the French Revolution?

Don't let your naivety and lack of knowledge deceive you.

[arbiforumnow]

Right, you mean the "Community re-parcelization Act." Lovely little distressful piece of Eminent Dom(a)ination! It's just proof the frontier is involuting back into the "settled" nation! Manifest Destiny has morphed into the Reflexivity and Cosmtic surgery of a Nation of "Distressed" Communities! It's the propagating condition!

[immanent]

See the Community Reinvestment Act.

The problem with most "progressives" - me included, circa 2006 and before - is that they think "the problem isn't government, we just need to change who's running it." But big government doesn't work. Listen to some of the arguments that the anti-federalists made. When you have Big Fed up there soaking up your federal tax dollars, who do you think is going to be attracted to that power. Statesmen? Hah! It's the human condition, man. We're flawed.