"Many of these loans are outright fraudulent. And they
are being sold by crooks. Crooks who work for banks. Crooks
who use accounting fraud ..."
-- the recent words of
Dr. Michael Hudson, who is a former
Wall Street
economist specialising in the balance of payments and real
estate at the
Chase Manhattan Bank (now JP Morgan Chase
&
Co).
=========================
Kleptocracy
(theft associated with the corrupt activities of those in
positions of power)by Crucified Sun Sep 28, 2008
17:13
"The
Real News Network spoke to economist
and historian
Dr. Michael Hudson who says that it's not
a 'bailout' but a 'giveaway' and will create a new kleptocracy
of billionaires."
Related Link: http://impeachthem.com/?q=node/2115=========================
The
above text was copied from the following
Indymedia
(Ireland) comment location:
http://www.indymedia.ie/article/89250#comment236791=========================
"The
Insanity of the $700 Billion Giveaway""Many of
these loans are outright fraudulent. And they are being sold
by crooks. Crooks who work for banks. Crooks who use
accounting fraud – such as the fraud that led to the firing of
Maurice Greenberg at A.I.G. and his counterparts at Fannie
Mae, Freddie Mac and other companies engaging in Enron-type
accounting."
The piece of text immediately above,
written by Dr Michael Hudson, has been copied from an article
dated September 25th 2008 which is on view at the present
time at:
http://www.counterpunch.org/hudson09252008.html
=========================
"The Constitution
has been hijacked" (
both in the
United States of America and in the
Republic of Ireland):
http://www.humanrightsireland.com/PrimeMinisterCowen/9May2008/Email.htm
=========================
Human Rights
(Ireland):http://www.humanrightsireland.com
=========================
