03-23-2009, 03:47 PM
http://articles.moneycentral.msn.com/Inves...as-a-heist.aspx
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->It was no accident.
The folks in power in Washington and on Wall Street want to pretend that the current global financial crisis -- you know, the one that reduced household net worth in the United States by $11.2 trillion in 2008, according to the Federal Reserve -- was an accident caused by some unfortunate confluence of greed and asleep-at-the-switch regulators.
What we're now living through, though, <b>is the result of a conscious, planned looting of the world economy.</b> Its roots stretch back decades. And <b>it wouldn't have been possible without the contrivances of the bought-and-paid-for folks who sit in Congress.</b>
Of course, just because the plan blew up on the looters, taking off a financial finger here and a portfolio hand there, you shouldn't have any illusion that they've retired. In fact, in the "solutions" now being proposed -- by Congress -- to fix the global and U.S. financial systems, you can see the looters at work as hard as ever.
<!--QuoteEnd--><!--QuoteEEnd-->
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->It was no accident.
The folks in power in Washington and on Wall Street want to pretend that the current global financial crisis -- you know, the one that reduced household net worth in the United States by $11.2 trillion in 2008, according to the Federal Reserve -- was an accident caused by some unfortunate confluence of greed and asleep-at-the-switch regulators.
What we're now living through, though, <b>is the result of a conscious, planned looting of the world economy.</b> Its roots stretch back decades. And <b>it wouldn't have been possible without the contrivances of the bought-and-paid-for folks who sit in Congress.</b>
Of course, just because the plan blew up on the looters, taking off a financial finger here and a portfolio hand there, you shouldn't have any illusion that they've retired. In fact, in the "solutions" now being proposed -- by Congress -- to fix the global and U.S. financial systems, you can see the looters at work as hard as ever.
<!--QuoteEnd--><!--QuoteEEnd-->