Monday, July 06, 2009

THE GREAT AMERICAN BUBBLE MACHINE

MATT TAIIBI'S well documented story about GS and its many tentacles.

California is handing out IOU'S to hundreds of companies who have already provided services and product, they can't pay for.

Most State Gov's do not have thetax revenues to balance their budgets, GOV can't bail out one, then all must get bailed out.

BUT OK to BAIL OUT AIG and then have them pass along $12 Billion to Goldman Sachs.....how sick is that?

D

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