Monday, March 17, 2008

CRASH BANG BOOM! Some more!

Things aren't looking too good, folks. Last year, Bear Sterams was worth $20 billion, last week it sold for $270 million.

All the big wigs are worried about the economy, and well they should be. The Fed reduced interest rates by a quarter of a percentage point to keep folks from runnin on the banks. Ask a depression era old person what a run on a bank looks like. Imagine all the fucking rich folk right beside the poor.

This current move by the fed is the proverbial finger in the dyke, as it were, and pressure is building. I suggest you all keep your nose in Wall St.'s buisness, keep yourselves prepared, and get with your community.

Folks get paid well to delay this thing. But that is all they are doing now, delaying the inevitable.