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2010-05-29 — ml-implode.com
"For anyone new to Mandelman Matters, let’s just say that I’m angry about what’s been allowed to go on in this country, angry at the bankers that have become our American oligarchy, angry that the people haven’t already done more to put the fear of God into our elected representatives, and angry that our government has done little in an attempt to reverse our course and stop the foreclosure crisis, and failed at what little they have attempted. But… I’m also fearful about the future."
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Comments:
tvsterling at 21:33 2010-05-29 said:
The Wall St/Washington Axis of Evil spent the past 20 or 30 years trying (& succeeding) to make most Americans into wage slaves. When that process was nearly complete they figured they could squeeze out the last few drops by making most Americans into debt slaves. That's what the housing bubble is really all about, making us all into debt slaves on overpriced real estate. What they didn't expect was that the whole system would collapse. Now their efforts are all committed to propping up something which has already collapsed. Of course it's doomed to fail, it's like trying to repeal the Law of Gravity. One thing is certain. These ultra rich will protect themselves, it is you & me who will take the blast full in the face. Permalinkadd a comment | go to forum thread
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