Daniel Hannan MEP: The devalued Prime Minister of a devalued Government
Frank has a way with words, so I thought I would share his take on the softball questions that get sent Obama’s way. I agree that there’s a reason for it, and think Frank hits the nail on the head:
…If we had a free press that wasn't in the back pocket of the banking cartel this shit would be exposed for the fraud that it most certainly is. His opening statement had more holes than a gopher farm. How can he possibly say in one breath that "the most critical part of our strategy is to ensure that we do not return to an economic cycle of bubble and bust in this country," and devote the rest of his statement to detailing exactly how he intends to reinflate the same freaking bubbles that got us into this mongolian clusterf^%@! to begin with. And the entire premise of this "strategy" is to pile increasing amounts of debt upon every working-class American family. Yes Mr. President, we must recapitalize your benefactors with taxpayer money so that they can then loan said money back to us at more reasonable rates. We must put a floor under real estate values with taxpayer money so that we can reinflate that bubble to the ultimate benefit of the shysters and place a severe disadvantage upon qualified potential buyers that will now be forced to pay more than the market would rightly bear. And yes, we must keep the student loan programs humming along so that the cost of a quality education continues to rocket out of reach, beyond the reasonable means of any average American family. Bubbles abound, long live the bubble... God forbid we actually let the market set the price on anything.
Well said, Frank, bravo!
And maybe our bankers will pay the ultimate price for their sins. Here’s a great article, HT Russ, that shows the global shift in banking power. A good read… Tectonic Shift in Banking’s Center…