Monday, January 12, 2009

The End of the Financial World as We Know It

In a new world where we are all victims of the largest economic crime in human history The End of The Financial World As We Know It an essay that continues at How to Repair a Broken Financial World are essential reading.

The Bernard Maddoff scandal is the tip of the iceberg. Wall Street investment bankers and their co-conspirators live lifestyles that are beyond the wildest dreams of most Americans. Fancy homes in towns like Greenwich and Chappaqua, vacation homes in places like Aspen, Santa Fe, and various other exotic locations all over the world. Yachts, airplanes, mansions, art collections, $100,000 watches (my personal favorite) - you name it, all bought with misbegotten dollars sucked straight out of the top of the financial system. That sucking sound you hear is your children's futures evaporating into the pockets of these scum suckers. Confiscation of their assets and prison terms are really too good for these people.

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