Wednesday, April 15, 2009

the solution to the credit crunch


This is simply incredible! William F Engdahl proposes that the US government takes into receivership the five largest financial institutions in America and fires their entire management with no recourse. The reason? - They own 95% of the dodgy financial vehicles that are clogging up the credit system and were primarily responsible for their creation in the first place. Its a simply astonishing prospect. Expect him to die in a tragic accident very soon.

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