by Jeff Franklin

Created on: October 18, 2008   Last Updated: October 29, 2008

Indeed, there is Plenty of Blame to go Around.

We may be in the beginning of a "Turbo-Depression" that will make the Great Depression of the 1930's look like a picnic in heaven! I will delve briefly into some of the elements of the most blatant failures of capitalism and free market theory, politician evil and negligence on a Satanic scale, as well as the lack of government regulation and oversight on financial institutions and Wall Street that caused this financial supernova on steroids in the first place. Suffice it to say: Illegal "credit default swaps" (including CDS's posing as "insurance"), derivatives, speculation, stock value manipulation, a do-nothing SEC, hostile takeovers and forced buyouts, abusing "leverage", a complete disregard and negligence to antitrust/antimonopoly law, blatant international trade violations, foreign and upper level loan holding companies (as opposed to the loan originators) holding the loans, deceptive lenders, avoidance of loan restructuring, hedge funds and junk bonds, insider trading, "short sales", insufficient cash reserve, and pushing worthless "commercial paper" and stock options are most of the atrocities of evil that these fiscal disciples of Satan have perpetrated upon the American investors and savers.

They caused financial and global security repercussions that put not just American lives in peril, but put in peril the entire livelihood of mankind on earth.

A $700 Billion tax payer bailout covers only the tip of the ice burg. Not to mention, it doesn't go to the people who need it. Accordingly, it won't work. It is yet unknown how many Multi Tens of Trillions of dollars of unsecured (off the book) vaporized assets are still out there, hanging as a death cloud (or shall I say "death star nova") over the heads of nearly a quarter billion Americans, alone! Add insult to injury, the political wonks on Capitol Hill have the audacity to charge this "bailout" to the taxpayers. Neither these wonks, nor, the media, have the guts to tell us the reality that this economic meltdown will precipitate into a global thermonuclear war if this turns into a global depression - as the nuclear club countries (those with nuclear weapons) will have nothing to lose when their economies are dragged down with the US economy. They will retaliate against the economic culprit nation....with nuclear weapons!

Forget an "income tax-supported" bailout. You need only three (3) things to solve this cosmic level emergency, and, possibly avoid a global

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