Sunday, March 1, 2009

Obama won't adress the need to zero value CDO and CDS derivatives because the bankers and super-wealthy are in control


President Obama has a group of leaders behind him that led the way into this problem, while these people may have in depth knowledge of the system they created such as partisan abolishment of the Glass-Steagall ac, they are not addressing the problem directly by segregating the fraudulent contracts and declaring them zero value; because this is a source of their wealth. The market makers are powerful congress and senate donors; more powerful than senate and congress; the politicians wish to join these super wealthy elite using the tax payers dollars and future taxes. Now is the wave of public payout and bail out through tax increases, and later we will see the Republicans take control to drive us deeply into war again, in order to maintain a war and boom and bust world; this is why bonuses are astronomical; after a certain level the amounts are high enough to survive any and all manufactured financial catastrophe .

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