Maybe the only way out


	Maybe the only way out

robm47

10-24-2009 12:43 AM

17 views

robm47 says:

We keep hearing that the economy is into a recovery, if so It'll be short lived. The almost limitless availability to credit led the world into this mess and now they tell us that more credit will save us. The Federal Reserve has to go! The clip above may provide an answer to a way out.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/d563dbcb-f33c-4794-94cb-08b3fb30f3e6/0C9F3D77-3E21-4D83-94C5-90CD723CA881/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://webofdebt.wordpress.com/" href="http://webofdebt.wordpress.com/" style="font-size: 11px;">webofdebt.wordpress.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://webofdebt.wordpress.com/"><H2><A title="REVIVING THE LOCAL ECONOMY WITH PUBLICLY-OWNED BANKS" rel="bookmark" href="http://webofdebt.wordpress.com/2009/10/15/reviving-the-local-economy-with-publicly-owned-banks/">REVIVING THE LOCAL ECONOMY WITH PUBLICLY-OWNED BANKS</A></H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://webofdebt.wordpress.com/"><P>The credit crunch is getting worse on Main Street, despite a Wall Street bailout now in the trillions of dollars. The Fed may have played all its cards, but state and local governments still hold a few aces. Some local politicians are looking into the feasibility of opening their own publicly-owned banks, providing them with their own credit machines.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://webofdebt.wordpress.com/"><P>Read more here -
<A href="http://www.webofdebt.com/articles/publicly-owned.php">http://www.webofdebt.com/articles/publicly-owned.php</A></P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/0C9F3D77-3E21-4D83-94C5-90CD723CA881/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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