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|User Info||Geithner: I'm A Jackass (Swaps); entered at 2011-06-06 18:06:45|
Can't you guys understand, they don't want a system where it's their money and them who are on the hook. They need someone else to be the 'empty the holder' when it goes bad. |
If you read The Automatic Earth like I do you know that the role of 'empty bag holder' belongs to the little guy. Take a look around at all of the little guys in Greece, Ireland, Spain, and the US who are holding empty bags. The bankers managed to get the governments to take on their debts and thus pass them empty bags to the citizens.
Don't look at Iceland, they told the banksters to take their bags and shove them.