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Feb 8, 2009 
Stop Rearranging Deck Chairs on the Titanic and Nationalize the Damn Banks
We haven’t nationalized the banks, what we have done is to allow a private group of bankers to recapitalize failed (deliberately engineered to fail) institutions built on flawed (deliberately flawed) instruments via the treasury.
So in other words, its the same scam taken to a new level. Instead of the fed merely usurping congress’ power to create money, issuing the government its money at interest in a never ending cycle of debt expansion, they have succeeded in performing an end run (by scaring the shit out of weak kneed congressional reps) on the entire system of governmental finance.
Would that we had nationalized the fed or these banks, would that the congress reasserted its power over money, but no. No, we instead have entered an era of inevitable hyperinflationary practice at the end of which our nation shall be a threadbare mockery of what so many have died to defend.
