Its happened.
The myth of our free market economy has come crashing down.
Sure, they let Lehman fail, but they’ve bailed out
Bear Sterns
Fannie Mae
Freddie Mac
….
Who is next? WaMu? Wachovia? Could be anybody.
The way accounting is going these days, these guys are hiding what they can, legally, to try and buy time. Eventually, as we’ve seen this week especially, the truth always comes out.
Not to mention that the stock market has taken a nose dive, especially Monday, but really this entire year. Russia had to close its stock market today after a drop of 17 percent.
I just don’t believe that this is gonna be one of those things that goes away in a month or two. Something very bad is happening, and we’re gonna feel the effects for a long time.
One thing is for certain, we are seeing the end of the American Empire.
Growing up 