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alstry (35.09)

When The WHOLE Economy is FRAUD!!!!

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April 06, 2010 – Comments (3)

When the public and pension funds are pouring trillions into public companies but market values remain stagnant....something is very very wrong.

When the government forces its citizens and private businesses to mark their assets to market but permits its banks to mark to myth...something is very very wrong.

When government is kicking out insolvent citizens out of their homes...but funding insolvent banks with practically unlimited dollars from our savings accounts for essentially free....something is very very wrong.

What happens to an economy when FRAUD is the culture and accepted practice......

Judge Holds Off Ruling After Boston Scientific Admits Hiding Problems With Implantable Heart Defibrillators

 

 WE ARE ABOUT TO FIND OUT.....................................................

 

 

3 Comments – Post Your Own

#1) On April 06, 2010 at 12:07 PM, alstry (35.09) wrote:

JUST LIKE MADOFF....THE MONEY EVENTUALLY RUNS OUT........................

L.A. Controller Says City Could Run Out of Cash by May 5

WHEN A SOCIETY ONLY LOOKS AT THE TICKER....EVENTUALLY THE ECONOMY COLLAPSES IF THE TICKER IS BASED ON FRAUD...

ENRON

MADOFF

PETTERS

WORLD COM

DOT.COMS

HOUSING

BANKING

PENSION FUNDS

401Ks

IRAs

 

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#2) On April 06, 2010 at 1:03 PM, alstry (35.09) wrote:

NY State Mask Deficit by "Shuffling" Money

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#3) On April 08, 2010 at 3:15 AM, ralphmachio (24.95) wrote:

I figured this out in high school, and I'm still fascinated today that people still buy into a corrupt system that is so obviously unsustainable. 

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