A Devastating Impact as the Market Unleverages and a Winter of Discontent

Posted: December 17 2008

Two sets of rules on wall street, 50 billion ponzi scheme by Bernard Madoff uncovered, court case for the toxic waste coverup, Paulson's efforts are futile, commercial and residential real estate market alike now frozen, fed is frantic, an elitist engineered collaps of the U.S, derivative problems galore, and no real debate taking place in government As we know there are two sets of rules in banking and on Wall Street - one for the anointed and one for everyone else. The anointed never go to jail for their crimes.

On Friday, it was reported that former Nasdaq stock market chairman Bernard Madoff was arrested for running a fraudulent investment business that lost $50 billion before he confessed to senior employees it was a “giant Ponziâ€