china declares war on derivatives, page-4

I got absolutely peeved off when I turned on CNBC financial spin TV last night and the first thing I heard was about an "Asian contagion" so I promptly sent a brief e-mail to Squawk on the Street as follows -

What are you doing spinning the following:

"Ending August with the Asian contagion.
It's not all bad despite the Asian contagion."

Asians were not responsible for the USA Contagion which has afflicted the rest of the world including bundling up and peddling worthless sub prime paper as triple AAA rated investments.

Just take an honest look at what Wall Street, the banksters and the Federal Reserve have been doing.

We in Australia respect our Asian neighbours.
We know who is responsible for this mess.
And it sure ain't China.

Regards...