Daily Archives: March 29, 2008

The Truth About the Sub-prime Crisis and the Spitzer Connection

It was shock to learn of Eliot Spitzer’s downfall over his sexual indiscretions. We thought he was a “white knight,” repeatedly coming to the aid of the American public by challenging the financial establishment. He was, that’s why they took him down. As the old saying goes, “if they wanna get ya, they’ll find a way to get ya.” That story, and a clear description of the financial shenanigans that underlie the current crisis can be had by reading Greg Palast’s article cited below.  That’s really just the beginning of what the powers that be have in store for us. Power has now become so centralized, and we have all become so dependent upon money, banks, and credit cards, that survival without them seems almost impossible. Is it? – t.h.g. 

The $200 billion bail-out for predator banks and Spitzer charges are intimately linked