JDA: Will The Fed Bail Out The Muni Bond Market?
Junior Deputy Accountant points to a Bloomberg article suggesting yet another way for The Ben Bernank and his unholy corpgov alliance to control more of the former USA.
Read both pieces, please.
Somebody get the meat thermometer.
I think this bird's cooked through.
3 Comments:
"Resolve to serve no more, and you are at once freed. I do not ask that you place your hands upon the tyrant to topple him over, but simply that you support him no longer; then you will behold him, like a great Colossus whose pedestal has been pulled away, fall of his own weight and break into pieces."
Ettiene de la Boetie (1562)
From the DISCOURSE ON VOLUNTARY SERVITUDE
oh and one more while on the subject of subjugation.
"And the men who loan money to governments, so called, for the purpose of enabling the latter to rob, enslave, and murder their people, are among the greatest villains that the world has ever seen. And they as much deserve to be hunted and killed (if they cannot otherwise be got rid of) as any slave traders, robbers, or pirates that ever lived."
Lysander Spooner
KPN3%
Muni's and collectivist States would love to be relieved of their irresponsibility.
And it piles more Cloward-Piven straw onto the nation's back.
Which leads me to the conlusion that the debt is not 'ours' as a nation; it is 'theirs', it belongs to the Cloward-Piven crowd. Make them responsible, personally.
We the people are absolved from owning this debt. I'm not paying. An I don't expect my kids to pay.
China will not be happy.
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