Friday, July 11, 2008

The Bell Tolls

Amazing headlines today for your old m-c pals Freddie Mac and Fannie Mae, the descendants of Bailey's Bank in It's a Wonderful Life that kept the speculative mogul wolf Potter outside the door and built the US middle-class. How about "Big Mortgage Death Watch - Freddie and Fannie in freefall." As we saw yesterday, even airline management has figured out that the US run by finance capital is a chain of Pottersvilles.

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