The ruling elite are in a crisis right now - brought on by their very own system of capitalism. What began several years ago during the housing boom as a way to make huge amounts of money through faulty sub-prime loans, has brought the whole system to the verge of collapse. As one investor stated in a recently uncovered email, “I hope we get out before this whole deck of cards comes tumbling down.“ And tumbling down is just what is happening - as more and more homes go belly up and the sub-prime loan crisis expands, more and more banks are losing money and some are going under. With more banks losing money and going broke, businesses and firms have less money to take out loans and do business. Rushing into save the system that screwed us is Bush himself, stating that the government is the only institution with the capacity to save the financial sector and get the economy back on track (you know, exploiting all of us, destroying the earth, and commodifying everything in sight). Thus, the government has been bailing out large banks and firms left and right, taking them over (nationalizing them) as it goes along. But as government bailouts of rich capitalists have grown, so has the anger by ordinary people as more and more Americans are welcomed into poverty’s fold. Feeling the heat, on Monday September 29th, the House of Representatives voted down the government’s plan to bailout Wall Street and give them a free ride for screwing us all over. However, Congress eventually passed the bill and Bush signed it into effect - is anyone really surprised? But the crises is far from over and repression is already rising against those who would dream against the ongoing cycle of poverty, wage slavery, depression, and recession. Offering up a short analysis of the present crisis was Crimethinc and the Center for Strategic Anarchy (an online blog), which wrote:
[Magic Eight Ball says 'Ask again later']

The ruling elite are in a crisis right now - brought on by their very own system of capitalism. What began several years ago during the housing boom as a way to make huge amounts of money through faulty sub-prime loans, has brought the whole system to the verge of collapse. As one investor stated in a recently uncovered email, “I hope we get out before this whole deck of cards comes tumbling down.“ And tumbling down is just what is happening - as more and more homes go belly up and the sub-prime loan crisis expands, more and more banks are losing money and some are going under. With more banks losing money and going broke, businesses and firms have less money to take out loans and do business. Rushing into save the system that screwed us is Bush himself, stating that the government is the only institution with the capacity to save the financial sector and get the economy back on track (you know, exploiting all of us, destroying the earth, and commodifying everything in sight). Thus, the government has been bailing out large banks and firms left and right, taking them over (nationalizing them) as it goes along. But as government bailouts of rich capitalists have grown, so has the anger by ordinary people as more and more Americans are welcomed into poverty’s fold. Feeling the heat, on Monday September 29th, the House of Representatives voted down the government’s plan to bailout Wall Street and give them a free ride for screwing us all over. However, Congress eventually passed the bill and Bush signed it into effect - is anyone really surprised? But the crises is far from over and repression is already rising against those who would dream against the ongoing cycle of poverty, wage slavery, depression, and recession. Offering up a short analysis of the present crisis was Crimethinc and the Center for Strategic Anarchy (an online blog), which wrote:
[Magic Eight Ball says 'Ask again later']