Case in point: the world's billionaires, high-power bankers and investors, hedge-fund managers, and oil futures speculators have had a great couple of years raping the shit out of us, but as soon as the prices come down and the party's over, SUDDENLY there's a "Credit Crisis to affect Main Street." BULL shit!
Here's history in the making: does billionaire Silvio Berlusconi want to protect his ass from a counter-raping he so richly deserves by bringing about GLOBAL GOVERNMENT?
Oct. 10 (Bloomberg) -- Italian Prime Minister Silvio Berlusconi said political leaders are discussing the idea of closing the world's financial markets while they ``rewrite the rules of international finance.''
``The idea of suspending the markets for the time it takes to rewrite the rules is being discussed,'' Berlusconi said today after a Cabinet meeting in Naples, Italy. A solution to the financial crisis ``can't just be for one country, or even just for Europe, but global.''
The Dow Jones Industrial Average fell as much 8.1 percent in early trading and pared most of those losses after Berlusconi's remarks. The Dow was down 0.5 percent to 8540.52 at 10:10 in New York.
Group of Seven finance ministers and central bankers are meeting in Washington today, and will stay in town for the International Monetary Fund and World Bank meetings this weekend. European Union leaders may gather in Paris on Oct. 12, three days before a scheduled summit in Brussels, Berlusconi said today, while Group of Eight leaders may hold a meeting on the crisis ``in coming days,'' he said.
Berlusconi didn't give any details about what kind of rules leaders were looking to change, except to say that leaders are ``talking about a new Bretton Woods.''
The Bretton Woods Agreements were adopted to rebuild the international economic system after World War II in a hotel in Bretton Woods, New Hampshire. The aim of the agreements was to establish a monetary management system, initially by pegging currencies to gold. The IMF was set up later to help manage the international financial system.
Bretton Woods, eh? Sounds like The Bilderbergers, that annual party of plutocrats who meet to discuss new ways to rape those making less than whatever Algore and Obama suggest is "Enough money."
I used to not understand why fabulously rich people make the best liberals, until I realised that fabulously wealthy people know how to protect their assets from their own brutal tax laws...
Jurched
notworthy
