NOTE FROM CHARLES:
Grab a pitchfork now, or we'll all end up living in government housing!
The Paulson wealth tranfser scheme has met with more than a cold shoulder from the public. It has been generating outright hostility. And it should. This in an act of theft so brazen as to leave one breathless!
The losses in the real estate mortgage meltdown are real. They have already taken place. Another Fed bubble has popped, and under the guise of reflating it, this act seeks to transfer the losses from the institutions that willingly undertook the risk of loss, to you.
Both wings of the Washington Party are enabling this massive fraud. But it can be stopped!
Mish (Michael Shedlock) was a regular weekly guest on The Charles Goyette show. Because of his ability to cut throught the fog and doubletalk of what passes for economic thought from the governing classes, he is emerging as a prominent voice in the public debate. After speaking with Mish a few time in the last couple of days, I believe the Paulson giveaway plan can be stopped.
Mish is leadng the charge. He has made his blog a convenient resource for you if you wish to help, with updates, sample letters to officials, fax numbers, and other suggestions.
Help stop the giveaway!
Thanks,
- Charles
