Bailout could bring us to 1930's depression-1/2

Bailout Talks Founder, WaMu Collapses in Deepening Financial Crisis

The nations financial crisis has intensified as federal regulators seized Washington Mutual on Thursday in what is the largest bank failure in American history. Federal regulators have arranged to sell off most of the bank at a bargain rate to JPMorgan Chase. We get analysis from New York Times columnist Paul Krugman and economics professor Michael Zweig. [includes rush transcript]

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News & Politics

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• paul
• krugman
• bailout
• wall
• street
• democracy
• now

[nibelungensohn]

LOL. Palin is a joke.

[c4mouse]

Pualson is a finacial terrorist ... =/

[schultzee4748]

The corporate kings have created a layer cake scam and we are all being robbed.

[schultzee4748]

You are right. There is a global club of corporate aristocrates and the pigs are stealing everything they can. They are oppressing the rest of us and stealing our futures. I am so angry. Globalization meant the pigs could take down the world.

[foralltruthers]

Very true mychar111, Goldman Sachs are behind this and they are the US investment arm of the Rothschild banking dynastry who control the world's media and government and whose private army the Mossad carried out the false falg attacks of 9/11,7/7

[lauchon555]

Its crazy! Im from Chile (south america) and Im so worried about our future! The most scary thing is that all this "problems" for someone are perfect planned by some "big club". We are all sitting in our computers and nobody can stand up and fight (if is necesary). I always talk with my friends about that. We must stand up and fight for our freedom...they say "come on! thats for nuts!". We must stand up to be listened up!

There are so many alternatives to this system!

[KARStarla]

Yeah I was passing that story around YT when that first came out. Did you hear about the man in jail for his brown grass?

I live in the middle of nowhere only satelite will catch me lol

God GIVES the rain, if the dude 20 miles from me needs the water off my roof I'd tell him to catch his off his own rooftop lol

My pool catches rain all the time lol Unless they make pools illegal, I wouldnt put it past them

[mose3]

Paul Krugman Wins 2008 Nobel Prize for Economics!!!!!!!

[lauchon555]

Perfect plan, but did you know that now its ilegal to collect the rain water in US? Wellcome to the unknown patriot act!

[mychar111]

This is just a repeat of the great depression. It is the banking elite who set it up and benefit. (ie JP Morgan Chase). A few banks are able to swallow up failing banks at a cheap price. Look at the parallels, its the same people using the same techniques to aquire more power. US national debt is at 7 trillion, and the taxpayer pays for it (plus interest). And the profits go to the fed which is a privately owned corporation, that help flood the market with money and thereby devalue it.