fantastic peter schiff you tube piece, page-31

redux

the article by Alan Kohler is awesome

I have forwarded it to many of my friends and associates - it faithfully completes the whole story on CDSs and CDOs that hasn't been aired by most of media outlets

of particular importance is the implication that the US mortgage market pales alongside where the big money is with these CDSs and CDOs - failures - failures of once large and stable corporate entities

as I remarked in comments to friends, one gets the feeling after reading the article that the banks have been setting us up all the while leading into this crisis, knowing that if they just hold out and get enough failures on the board, then BINGO - it's pay day momma, pay day!