The Smirking Chimp: Visualize the Dow at 6,000

“The banking system is broke, busted, penniless; and yet the Fed and the G-7 allow this comedy to persist like nothing is wrong. When will the American people wake up?” Asks Mike Whitney in this post.   When indeed?

Pay attention to this excerpt:

It’s funny; while Bush was hosting his faux-press conference, live-footage was appearing on other media of fully-armed LA policemen being dispatched to the various Indymac locations. Their task was to remind the gathering of elderly “blue-hair” women and middle-aged white guys in Tommy Bahama T-shirts that any public display of outrage would be swiftly met with Rodney King-style justice. Hmmm. So now withdrawing one’s savings from the bank is not only riskier; it’s tantamount to committing a felony. My, how America has changed.

* Read this post by Mike Whitney in its entirety on the Smirking Chimp here.

Read more of Mike Whitney’s posts on his blog.

Read more news and commentary on The Smirking Chimp.

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: