2010-08-06 — oftwominds.com
``Knowing as we do that any "aid to housing" is aimed at saving banks from housing-related insolvency, we might ask: just how much pain is potentially out there for banks and institutions holding mortgages and mortgage-backed securities? ''
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tvsterling at 21:00 2010-08-07 said:
If I could add one more equation; During the Go-Go years Wealth Creation=Debt Creation. Calling it Wealth Creation was the original Ponzi Scam & PR trick. The only answer (from insider "experts") is to airdrop more pallets of money on the crooked banks that are the cause of it all. It's like a broken record. I don't suppose the banksters care that the country is tapped out too. There is no more money left to bail out the banks. Any attempt to do so would lead to Sovereign Default. Permalinkadd a comment | go to forum thread
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