Do you really believe all these smart money people could consistently screw up the markets, breaking basic finance rules, over 15 years, all accidentally ? I don't. They were trying to hype, then collapse, the market, fully aware a corrupt admin would help them re-arrange things after. Paulson now has 'power of God' over the banks and is helping the chosen ones swallow up others. The tax money going to banks is just accentuating the credit squeeze, taking cash out of circulation while the banks save themselves. Biggest winner so far is JPMorgan Chase – ( Rockefeller bank with links to Bush family ).

In a depression, the banks turn ferral and the big ones, surviving, just help in the looting of the economy as they and rich speculators buy it up.
The key to setting up a depression is to choke the money supply until there is structual damage and the spiral starts. At a certain point, the slide can't really be stopped with money and that's the time to hyper-inflate. This whole exercise is to break America, crash the dollar and make the Euro the default currency, under a new Global Monetary Authority with the IMF in the middle, probably acting as a world central bank in conjunction with Euro bank. Good bye to freedom.

There's a meeting on Nov 15th. They'll probably suggest all this ( New World Order etc etc ), after insulting America. Then in December ? , the USA will be crashed out, allowing foreign buy ups against a devalued dollar. Or could be Jan -Feb when President Obama pulls out of Iraq. At least, a socialist style president will be more useful then because you have to stage manage and spend out of a depression – addressing the structural collapses. You can't just take the Austrian economic approach at that point – would be like standing back after an earthquake…gotta send in the emergency team.
The danger is the Merchant bankers who want a world state, and bank. In the great depression, they just hyped the market…then sucked out the money…then in 1933 confiscated/stole all the gold from a desperate America so they could later set up the Bretton Woods system.

The long term hope for America is to heed your Constitution and have a nationalised money supply, controlled by congress. No Fed. Then Treasury controls money levels to match productivity ( eg with deposit ratios ) – there's much discipline – and interest rates are kept low. America has run a system like this in colonial times – worked fine.
Interest is the biggest problem – really only the Gov should be able to charge it or set it.

All the best in saving…..or resurrecting …..the Land of the Free.

Obama, associates with people of the socialist left. They are his role models as is his 'father' who left his mother when he was three and worked for the most oppressive socialist regime Kenya ever had. Obama like Bill Ayres a left wing radical who advocates bringing down our Constitution and form of government. Obama is buddies with Farakhan the white hater and with Rev. Wright another white hater. And Rescoe an indicted Chicago mobster. Obama is the most far Feft voter of anyone in our Congress and you see hope in Obama?

Obama also played an key role in the demise of Freddie Mac and Fannie Mae's financial stability by using ACORN to pressure these institutions to lower their standards for buying mortgages. See: Investor's Business Daily Article detailing
"Why the credit crisis happened."

Are you deluding yourself? Obama pay attention to Steve Forbes never. Maybe Lenin and Marx but not Forbes or anyone senseable.

There is not enough money to do one third of what Obama promises. But people without thinking ability buy the promises anyway because they are brainwashed by a media enamored with socialism. A very bankrupt media both morallyy and financially. A media who will be crushed under Obama's new corporate tax rate of 50%. Which will be 42% higher than our current 35% tax rate.

Obama is an unknown quantity who is clueless on business.

He does not understand that in small business the owner gets paid last and sometimes not at all. That the employees get paid first and for them to get paid at all, the customers have to pay their bills. So without a profit everyone will be down the toilet. And with a new 50% tax rate on all businesses over $250,000 in gross income these businesses will sufer an approximate 35% decline in future earnings from the new tax rate that will be 42% higher than our current tax rate.

Sorry you are so deluded.

My biggest fear is that Obama won't get the right economic advisors. One man who he certainly needs to consult with on the economy is Steve Forbes. I've been really impressed with his recent commentary on the crisis…and then I read an article last week which discussed why the economy wouldn't be where it is if Forbes had become President in 2000.

http://tcsdaily.com/article.aspx?id=102208A

This is an excellent article, and I happen to agree with it. We need fiscal and monetary discipline right now..government spending can't go haywire any longer. I just hope Obama takes some of Forbes views into account.

How stupid. Bush will be the President until January of 2009. That's when the "unknown" will start.