Village News - Also serving the communities of De Luz, Rainbow, Camp Pendleton, Pala and Pauma

Corporate Socialism has destroyed our nation

 

Last updated 2/14/2008 at Noon



They don’t call it money anymore. It’s liquidity. And we were awash in it a year ago. The oceans were rising, the lakes overflowing, the wells and cisterns full and the financial institutions were issuing credit freely without any due diligence.

Then suddenly it all evaporated – it just dried up, almost overnight. The banks and financial institutions announced they had lost tens of billions of dollars. Housing prices began dropping. Loan institutions went bankrupt. Stock prices plummeted.

The economy was going into seizure. The paramedics arrived and announced we have to give this s...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021

Rendered 09/16/2021 10:26