Thursday, December 29, 2011

The Big Lie – Fannie and Freddie Caused This Crisis

Joe Nocera has chosen to use one of Adolph Hitler’s favorite forms of propaganda to reveal the truth.  A truth we hammered on numerous times.  That is, it is preposterous for anyone who actually knows what is going on to blame this crisis on Fannie and Freddie.  These government sponsored enterprises were manipulated by the fascist state to socialize much of the losses created by a corrupt Washington and Wall Street operating in collusion. 

Pretty interesting times when a very well-respected mainstream journalist who often writes about finance is accusing our political system of propaganda techniques used by Adolph Hitler.  That’s a very good thing.   It’s also a very true thing.  

The con game has been exposed.  The American people have known for a long time that Washington is rotten.  Now, with so much sunlight exposed on the rot, there is no way we are ever going back.  They can’t put the genie back in the bottle.  Now, we work to make a new world.  A better world. 

Title link here.

posted by TimingLogic at 10:11 AM

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