Tuesday, May 11, 2010

High Frequency Terrorism: How the Big Banks and Federal Reserve Maintained Their Death Grip Over the United States

 by David DeGraw & Max Keiser at Amped Status. 

This is part 3 of 6 (a link to all parts are in the article), but I found it to be the most interesting, and their explanation for the sudden dramatic drops in the stock market very plausible. I think that they have constructed a very good case for the stranglehold of the US economy and society by the financial elites. 

At the end of the article they provide links to a website devoted to solutions which I feel are only an attempt to reform the capitalist system. Their solutions may provide some short term relief, and as such I would not oppose them. However, I believe the system itself is totally incompatible with ecological limits and social justice, and thus I feel that it must be fundamentally changed.