April 2, 2009

And another $1.1 trillion gets pissed away into the void, thanks to the realtors, mortgage brokers and bankers of the world


A trillion here and a trillion there, soon you're talking about real money.

Can you believe it ended up this way?

Remember HousingPANIC in 2005, when we were on our own?

Amazing.

The whole world went HousingPANIC.

Hey, at least you had a good seat.

G-20 to give $1 trillion to IMF, World Bank

11 comments:

Jasen said...

Sadly, at least some at the IMF acknowledge that the US banking and regulatory system is run like some South American banana republic.

For the USA to get an IMF loan we would need to clean up some of our accounting practices and face some reality about taxes and spending. IMF makes countries do this financial intervention, like confronting heroin addicts.

That could be a campaign goal for the asses running in 2012, "I will get us qualified for an IMF loan!"

Mitesh Damania said...

We need less World Bank and IMF not more. I suspect it's a scam to buy up public assets from the 3rd world at low prices and enslave enslave enslave!

Mitesh Damania said...

For the USA to get an IMF loan we would need to clean up some of our accounting practices and face some reality about taxes and spending.

US get a loan from the IMF? Who is funding the IMF? They're giving money to the IMF so they don't have to follow and rules and regulations. The IMF can blackmail for their privat owners, whereas a State can't get away with it.

Anonymous said...

The giveaways will continue until the dollar is worthless.

Pasta man said...

One of the reasons Europe will be hit particularly hard is due to the level of denial they’re in.

If denial stunk we would all smell that stench from across the pond.

Jasen said...

Mitesh,

If it doesn't make sense then they will probably do it. Just sayin'

Mitesh Damania said...

If it doesn't make sense then they will probably do it. Just sayin'

Those in power know what they are doing. It is us who are in the dark, always giving them the benefit for the doubt.

Anonymous said...

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Anonymous said...

... Thanks to Obama!

Its his show now. He could say no if he wanted to.

Saul said...

Trillion is the new Billion.

Anonymous said...

Please do not forget the politicians that made it possible.

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