Meltdown Revolution

Lehman Brothers went bankrupt, AIG was bailed out by the federal government, the Fed is seeking a buyer for Washington Mutual, and bank 09/16/2008 to abruptly stopped lending to each other overnight. All this activity has not occurred over a period of months or a year while had been building for the last 2 years. All this activity took place last week. It began on 09/14/2008 and time, I write this article, the stock has dropped a 5% estimated in 3 working days.
You say it's ok I'll go into a money market fund, because my money is safe and liquid there. Well, not more. The Wall Street Journal reported that a large monetary fund, the Reserve Primary Fund, announced Tuesday he had lost money as its net asset value fell below the hallowed $ 1-per share level, the first time one of these funds Tory had a loss of 14 years. The reason is she has held debt securities issued by Lehman Brothers Holdings Inc. This means that more losses may be in store for funds money market. The S & P and Standard & Poor's placed under surveillance several credit fund for possible downgrades.
What what this means for you the person living on Main Street? We are facing potentially the biggest financial collapse in history. This crisis will not only ramifications in the United States but around the world.
The thing that pisses me off all this is when these individuals in their ivory towers have been looking down and seeing how much money they made, rather than seeing what the moral hazard is they wanted deregulation. They wanted government to stay out of their business. Now they are all strugiling and businesses are collapsing they want the regulation and beg the government to bail them out.
As a community and as countries, we are going to suffer. We must resist all politicians who make these laws and vote them out. We must make them understand that they are not Washington to the Bid lobbyist, but the bidding of the American people. What makes our country better than any other country? anything because what we call corruption on the basis of the activities of other nations that we call lobbying here. We must stop playing with words. If this sounds like a pot of wine and it smells like a bribe then it is a bribe. deep pockets to buy a good government for those who can afford it. The rest can all suffer based on this philosophy.
Prevent people mad. It is time for a financial revolution. The best way we can effect change is to hit the where it hurts most. Not by wars and battles and massacres, but injuring deep pockets. Stop voting for the same people Over and over again. stop picking only the Democrats and Republicans. The two parties have controlled this country for over 100 years. What is different that and a dictator? Nothing!
Check 104inc.com and participate the revolution of people who want to break the monopoly on deep-pocket companies. 104inc will help the little guy unlike Yahoo and Google.
About the Author:
Our story at 104Inc is simple: We like to help others. Imagine a team that consists of family and friends who all have the same passion in life. Imagine a group of individuals who sacrifice so much everyday in-order to attain their goal and one day live their dream. Now, imagine the amount of effort, motivation and discipline it takes for ordinary people like us having a burning desire to accomplish something extraordinary. Here at http://www.104Inc.com, we have the opportunity to do all of that. We have, the aspiration, the zeal and the motivation to help others in areas where they are less fortunate, including our own family and friends.
It’s Simple. It’s 104Inc Approved.
Article Source: ArticlesBase.com – What Pisses Me Off About the Financial Meltdown of Lehman Brothers, Aig, Washington Mutual and Other Collapsing Businesses
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