and Bank of America did it, all by itself, by dumping that $75 Trillion of toxic derivatives on them.
For an in-depth analysis you won't find elsewhere, here's Catherine Austin Fitts, a reformed Bush I bureaucrat in a position to know. She also discusses how student loans are designed to create defaults to maximize profits.
This awesome power--to lay a debt on us orders of magnitude greater than anything seen in the history of the planet--suffices, all by itself, to hit the streets, never mind torture, illegal wars, fascism that is no longer creeping but sprinting, illegal foreclosures, unemployment, record poverty and homelessness and soldier death-by-suicide...
More, soon, after the literal and metaphorical fog burns off here in the Willamette Valley...
Peace.
1 comment:
I liked the Catherine Austin Fitts podcasts. Thanks for introducing me to her.
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