one of my hobbies is watching the stockmarket…i’ve learned that as a pessimist it’s really quite predictable….I dont invest however…but if i had been investing in the last year or so…my life would be a touch easier….anyway…

two major banks just announced chapter 11….they are both going to be bailed out by other, somewhat larger, banks….

this causes yet another gigantic shift in the wealth of the nation….more money in the hands of fewer and fewer people….this has happened before…the last time so many major banks were failing, we were calling it black friday….THIS TIME…partly due to the success of the black friday operations by the banking elite, we dont even have to call it a depression to make the moves…how crazy is that…

check this book out:

http://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/0912986212