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View Full Version : US Banking System Collapsing - Fed Docs Cited




Micah1
02-05-2008, 09:06 PM
If you’ve listened to the darker ruminations on the cable news channels recently, you’ve probably heard someone say something to the effect that “the current crisis is the biggest systemic risk since the Great Depression”. I’m a high volume viewer of cable news, and I know I’ve heard just such language more than a dozen times in the last week. Given the idiosyncrasy of cable news, you might be wondering if this isn’t just today’s prevailing hyperbole to make sure you wait through the next commercial break to see what it’s all about. In this particular case, you might want to hold off on that grain of salt.

http://criminalthoughts.com/2008/02/05/fed-release-banks-insolvent/

Digg it if you got Diggs. Educating the populace is a must if we are to continue the revolution!