[video] Michael Moore: ‘America Is NOT Broke’

He is absolutely right. The thing that kills me about Michael Moore is that he is in business with these same people he rails against at these rallys. His movies have worldwide distribution and that is only possible with being involved in huge corporations. He has cop to this, so this is no diatribe against the message because what he is saying is the truth. The people who control this country are not some shadowy group who only come out at night in black helicopters. They are bankers and Wall Street executives who have bought our democracy  and politicians at every stage of the game.

via Huff Post
Contrary to what those in power would like you to believe so that you’ll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash. It’s just that it’s not in your hands. It has been transferred, in the greatest heist in history, from the workers and consumers to the banks and the portfolios of the uber-rich.
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[video] WTF? Congressman Says World was Hours Away from Going Belly Up on Sept. 15

WTF? There are so many questions that beg for answers and while the country is gripped in hysteria I have a funny feeling these things will be swept under the rug, just as Obama is doing with Bush’s past crimes. Someone, or some “entity” made a run on the US banks on the 15th of September, the day that the meltdown started and Lehman Bros. went belly up. To draw out $550 Billion in two to three hours is no accident. This “crisis” was orchestrated and I’m sure the paper trail leads to the “usual” suspects, but of course this government is not willing to dig that deep. Who was the financial and political clout to pull such a caper and get away with it scott-free? Well, I damn sure have my suspicions.

Is Dubai’s Economy the next to crash?

It seems that even the mighty Dubai has taken a major hit and it will be awhile before they really reveal how much damage the country has suffered in this economic downturn.


via NY Times

DUBAI, United Arab Emirates — Sofia, a 34-year-old Frenchwoman, moved here a year ago to take a job in advertising, so confident about Dubai’s fast-growing economy that she bought an apartment for almost $300,000 with a 15-year mortgage.

Now, like many of the foreign workers who make up 90 percent of the population here, she has been laid off and faces the prospect of being forced to leave this Persian Gulf city — or worse.

“I’m really scared of what could happen, because I bought property here,” said Sofia, who asked that her last name be withheld because she is still hunting for a new job. “If I can’t pay it off, I was told I could end up in debtors’ prison.”

With Dubai’s economy in free fall, newspapers have reported that more than 3,000 cars sit abandoned in the parking lot at the Dubai Airport, left by fleeing, debt-ridden foreigners (who could in fact be imprisoned if they failed to pay their bills). Some are said to have maxed-out credit cards inside and notes of apology taped to the windshield.