An article all must read!

[administrator]

Hi,

 

Once and a while I mention things that fall outside the realms of web design and web programming; I only do so when I feel it is something important to point out.

 

The Giant Housing Scam

 

This time around, it is the giant fraud put forth by the US financial players ... this whole housing bubble was a giant ponzi scheme and a new giant ponzi scheme is being engineered now. Check out this Rolling Stone article - it sums up what happened and what is gearing up to happen over the next several years.

 

http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine

 

Though Americans are going to get the biggest shaft (as they are now,) the rest of the world will feel the pain of the scam as well .. as we are all now.

 

Stefan

[dms]

Thanks for the read, even though it filled me with disgust.

 

How long will America stand with this level of corruption.

 

Mark

 

PS. Don't forget about Enron - it also included the Wall Street swindlers.

[newseed]

Power, money and greed always brings corruption of some kind.