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Monday, January 30, 2012

Bailing Out the Titanic with a Teaspoon

http://www.npr.org/2012/01/30/145995636/freddie-mac-betting-against-struggling-homeowners?sc=fb&cc=fp

I have read three books on this subject: "The Great American Stick-Up" by Robert Scheer, "Capitalism Hits the Fan" by Richard Wolff, and "Getting Steamed to Overthrow Corporatism" by Ralph Nader. I am currently reading "Reckless Endangerment" by Gretchen Morgenson and Joshua Rosner.

Educate yourselves if you have not already done so. Watch if don't have time to read "The Warning" PBS, "To Big to Fail" HBO, or "Inside Job" narrated by Matt Damon.

Listen to the Bill Moyers and Company or 60 Minutes shows on this subject.

Every source I have heard or read states that there is NOTHING IN PLACE to stop another meltdown from happening. The Dodd Frank Act attempts to bail out the Titanic with a teaspoon.

This is why I support the OWS movement. Our government has been bought and paid for by the .001%$. Both parties have been corrupted.

Our children's and grand children's futures are at stake. Act or get out of those way of those who do.

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