Unknown News | Commentary by Leon Fisher

"News that's not known, or not known enough."

Commentary by Leon Fisher

PREVIOUS COLUMN LATEST COLUMN NEXT COLUMN

Let it crash

by Leon Fisher, Unknown News
leonjfisher@webtv.net August 29, 2007

The news of last week's plummeting stock market, brought on by the housing bubble debacle and saved only by the infusion of billions of dollars by the Fed, should not be received with fear and trepidation by the working man. It should evoke a

sense of hope, that soon the whole rotten economic scam, presided over by white collar criminals and their bought and sold lackeys in Washington, is hopefully coming to an end.

The working man and woman have been ripped off by local, state, federal, and sales tax, as well as legalized usury in the form of high interest credit cards, bank loans, auto and health insurance premiums, surcharges, and a host of other fines, tolls, charges, and penalties, along with inflation and stagnant pay, leaving the average working stiff in hock up to his eyeballs.

This situation will become worse as the other economic dominos begin to fall. Those we trusted in business and government have conspired against their fellow citizens, ruining a once vibrant and healthy economy, putting into peril all working Americans. With the implementation of "Free Trade" agreements, millions of Americans lost good jobs and many are now living just above the poverty level.

This situation exists not only in America but in every nation which has signed on to this monumental scheme to defraud the working man worldwide. The consequences of so called Free Trade are the same wherever it rears its ugly head: The majority of wealth is controlled by the few, and wages are driven down for the many.

However, this looting of the marketplace cannot continue forever, as the recent crash of the housing market illustrates. The criminal corporations, banks, and government's complicity with this economic rip-off is killing the goose that laid America's golden egg.

With the Fed coming to the aid of the Wall Street loan sharks and making good their losses, we are reminded of the savings and loan scandal of the 1980s, where the average citizen was forced to bail out the crooks. The S&L's should have been treated like the criminal enterprises they were and allowed to fail -- with all the those responsible for their collapse (including Neil Bush, the President's brother) prosecuted for their complicity in the matter.

If that had happened, it would be understood that such crimes would be punished, even when the perps wear business suits. But that didn't happen, and obviously, these criminals understood what that meant.

It should be clear that neither Wall Street nor the Federal Government have the interests of the American people in mind. Therefore, further participation in this failing economic disaster will only prolong the agony of us all.

Take your money out, pay the penalty, and do not contribute to those who are planning your economic ruin. Let it crash, and the sooner the better.

What a sight it will be, to see the economic rats leaving the sinking ship with their carpetbags filled with stolen loot, scurrying off to their villas in Dubai with Dick Cheney in the lead.

© by the author.

We're usually unable to forward readers'
emails, but both readers and authors are
invited to visit our 'dialogue' page
for two-way communication:

unknownnews.org/dialogue.html

This is an archived Unknown News page. For newest material, visit our main page.

Unknown News
This is who we are,
what we do, and why we do it

Translate this page

It should be clear that neither Wall Street nor the Federal Government have the interests of the American people in mind.

Therefore, further participation in this failing economic disaster will only prolong the agony of us all.

Take your money out, pay the penalty, and do not contribute to those who are planning your economic ruin.

Let it crash, and the sooner the better.

< Please buy a sticker
so the site won't flicker.

YOU CAN HELP

We try not to whine too much or too loudly, but we are poor and this site eats a lot of time and especially money.

Just a buck or two can make all the difference and help keep Unknown News alive.

       Donations
       Sponsorships
       Stickers and stuff for sale
       Subscriptions
       Wish list
       Thank you

You can help

We try not to whine too much or too loudly, but we are poor and this site eats a lot of time and especially money.
Giving just a buck or two can make all the difference and keep Unknown News alive.
Please donate or subscribe.

Talk to Us

Archives

If you have something to say, we'd love to hear from you.

Click here for archives of recent editions of Unknown News

1234567890