“… Banks did not cause this global crisis. Governments around the world caused the crisis by forcing down the price of credit (Greenspan, Bank of Japan, and ECB on short rates: China et al on long rates, by flooding the global bond market) far too low for many years, encouraging debt. Banks were the instruments, not the cause. That is an elementary point that many people … still fail to understand.” - Ambrose Evans-Pritchard
> Interesting links I've found lately 
- > President Obama calls African-Americans a ‘mongrel people’ - The Hill
- > While Obama says economy will get better on 'The View', economists say 'hold on there'
- > State-Sponsored Eugenics in Uzbekistan Made Possible by UN, US and World Bank Funding - Infowars
- > The Tax Tsunami On The Horizon - IBD
- > BP Photoshops Another Official Image Terribly - Gawker
- > Workers on Doomed Rig Voiced Concern About Safety - NYTimes
- > US Authorities Shut Down Site Hosting 73,000 Blogs - thewhir.com
- > Obama's debt commission warns of fiscal 'cancer' - WashingtonPost



