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| Moti Bassok, Hagai Amit and Dafna Maor, Haaretz Correspondents: Israel Bank intervenes in foreign currency market, buys dollars |
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Title: | Sub Prime nonsense |
| | Name: | The Chancellor | |
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All this boll--ks b they keep churning out in the media about the sub prime mortgages- total crap and diversionary tactic.
The reason why the mortgages have gone sour is not because suddenly all at once these poor have suddenly all at once all decided to default on their mortgages. The reason why they are defaulting is because the US economy is f-ck-d.
Bush and the media prefer to blame the poorest in society for the countries economic woes rather than Bush`s outrageous and irresponsible borrowing to fund unwinnable wars all under the flag waving nationalistic guise of a `war on terror` (read vengeance for 9/11) and homeland security (read:tormenting anyone in the US who looks like an arab).
Bush has ruined the US and has allowed the real worry to arise unchallenged with all their human rights abuses: China.
China, coming to a Government building near you. As for Israel: one way or another its finished. |
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