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Post by mndapa1 on May 17, 2009 21:34:50 GMT -6
You wont find this on the MSM news anywhere: Mark Patterson: 'It's A Sham. The Banks Are Insolvent' The chairman of $7 billion distressed Private Equity firm MatlinPatterson calls a spade a spade and in the process exposes the entire Geithner plan for the complete sham that it is. His comments before the Qatar Global Investment Forum were captured by the Daily Telegraph's Evans-Pritchard earlier, and Zero Hedge republishes the piece in its entirety as it presents every nuance of our predicament with masterful simplicity. www.istockanalyst.com/article/viewarticle/articleid/3234218And what do you think Obama is going to do when the truth actually comes out? The worst is yet to come. If you are not planting a garden this year...I urge you to do so. Survival is going to become very tough in the near future.
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Post by colonelbuckrobely on May 18, 2009 20:20:46 GMT -6
Thanks for the information. Yes plant a garden and arm yourself if you haven't already.
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Post by Admin on May 18, 2009 21:59:58 GMT -6
The foundations of Freedom: Self defense, self reliance, and self respect.
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Post by colleen on May 22, 2009 21:03:28 GMT -6
Even if they had some semblance of solvency, once the commercial property balloon starts coming apart faster, they will go insolvent. The fed should start warming up the printing presses! That mess is going to make the sham-mortgage market look like nothing at all.
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