Monday, April 5, 2010

Birmingham - the new Greece

http://www.rollingstone.com/politics/story/32906678/looting_main_street/1

Follow the above link to an excellent expose by Matt Tabibi of Rolling Stone regarding the financial take down of Jefferson County, Alabama. The level of ludicrousness of the parties involved is, well, ludicrous! And yes, it really is the usual suspects at work - JP Morgan, Goldman Sachs, and of course the required victim/enablers (local government reps). The ultimate victim obviously though is the Jefferson County resident taxpayer.

In any event, this is representative of what is happening worldwide...the rape and pillaging of all manner of civilization. And this is not just the banks doing this...it is the governments that are in bed with the banks that are perpetrating this disaster. Both are to blame....

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