Old Project Avalon Forum (ARCHIVE) - View Single Post - Congress Told: "We're Literally Days Away From Complete Meltdown Of Financial System"

Greg222 · 09-21-2008, 07:08 PM

Some of the best commentaries I've seen yet... I can't remember the sources but I'll pass them along:
1) the poker game ends when someone wins all the money. The poker game of our economy goes on as long as everyone has some cash. But the Federal Reserve and the bankers insistance on concentrating the cash in their pocket to win the poker game means the end of the economic system and hence their end also, since the derive their sustenance from us.
2) Since the gov't is so quick to pull out billions of debt money to bail out banks and other mega institutions, why not give those billions to all the mortage holders and other little guys? Then the 'poker game' continues.

Greg222

09-21-2008, 07:08 PM	#18
Greg222 Avalon Senior Member Join Date: Sep 2008 Location: near Rockford, IL Posts: 57	Re: Congress Told: "We're Literally Days Away From Complete Meltdown Of Financial Sys Some of the best commentaries I've seen yet... I can't remember the sources but I'll pass them along: 1) the poker game ends when someone wins all the money. The poker game of our economy goes on as long as everyone has some cash. But the Federal Reserve and the bankers insistance on concentrating the cash in their pocket to win the poker game means the end of the economic system and hence their end also, since the derive their sustenance from us. 2) Since the gov't is so quick to pull out billions of debt money to bail out banks and other mega institutions, why not give those billions to all the mortage holders and other little guys? Then the 'poker game' continues. Greg222