America as we have known it is dead

             
                                        
                                         
DEAD.  The oil-based credit-is-good paradigm is over.  
Do not try to resurrect it, especially with dollars    
that do not exist.  You will only make the future         
worse, President Obama.  Just as when an individual,          
for whatever reasons, slips into bankruptcy, so    
should organizations of individuals be allowed to 
slip into bankruptcy.  AIG wants to change its name         
or already has changed its name, probably to AIU
Holdings, after its toxic financial waste unit is     
separated from the rest of the company.  Don't   
know if it would make sense to, but a special entity 
for toxic financial waste could be created.  Perhaps    
then computers could identify and classify that     
waste, and determine how best to eliminate it.    
Besides, a vast majority of this nation's citizens   
have on their own chosen saving over borrowing;    
and a further besides:  If we don't immediately    
begin to reduce the toxins in Earth's atmosphere,
the financial mess will be a moot concern, because
we will lose our planet, and most likely our lives.
                                                   
2009-03-26:  See money.cnn.com/ and search
colin barr truth about credit default swaps
-                                             
Also: Treasury Secretary Geithner will be 
apprising Congress today.                        
                                                 
PM 1:11 --                                               
----------- Search
Geithner March 26, 2009 financial system overhaul  
or                                                   
Play Geithner testimony video here.
                                              
PM 2:00 --                                       
----------- See this post by Mike Hewitt                      
America's Forgotten War Against the Central Banks 
on his DollarDaze blog.           
  
One sentence from this long insightful post: 
"The more abundant the money, the lower its value."
                                                        
PM 2:45 -- See DollarDaze by Mike Hewitt                   
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rho00322