The NY Post headline has a clarion tone this morning meant to enrage its dupe readers by misdirecting their palpable ire at Greece. "We're bailing out Greece--but US taxpayers shouldn't be" it screams. What a joke. As I point out in my retort:
What all the articles about Greece conveniently fail to mention is that the bailout will pass right through Greece to the creditor banks. Just like the $100 billion for AIG wound up in the pockets of financier bucket shop fraudsters like Goldman Sucks. I say put these international gambling casinos derivatives through chapter 11. Force through an international Glass Steagall now! The solution: Go back to sovereign fixed currencies and issue national credits for large scale infrastructure projects, etc.
Or you can't fool all the people all of the time. Seems like almost every Post I survey these days has been despoiled by the vagrant dogs of the press.
Eratosthenes first measured the circumference of the earth from the shadows cast by the sun. Today, humanity's fitness to survive will be measured by our ability to conquer that same thermonuclear fusion that casts those shadows. Thus, Prometheus will truly be unbound.
Today's Elites
Sunday, May 09, 2010
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Could you amplify that "national credits for large scale infrastructure projects"?
ReplyDeleteSure, for example high speed railroad projects like those that China is undertaking. There is a project to link Siberia by rail with Alaska via a tunnel under the Bering Straight. Fresh water infrastructure is needed as well just about everywhere on the planet. This would include freshwater canals and desalinization projects.
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