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Wednesday, Nov 06th

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Economic Piracy: Now You See It...

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Alex BauerIt has taken some time, but most of us think we have come to understand the near-total economic collapse rigged by greed-heads, the most recent collapse, that is, the one we all hope has passed.  Or, we all feel that we understand -- same thing, for many people.

Which kind of scary to address?  Oh, hell -- let's try to do both.

After endless examples and conversational models involving tranches and other roulette bets, we more or less get it:  We were boarded by Wall Street pirates running on high-seas casinos, stashing their loot in friendly, duty-free ports of call, on lovely green islands, all stashed inside -- apparently -- one simple, 2-bedroom bungalow with a mailing address, home port, for 5,319 corporations, give or take a few thousand.  Safe at home in this here haven, aye -- safe haven to be sure!

More difficult to fathom than gauging the depths of the pirates' greed, and tougher than guessing at the deep holds in their treasure ships -- just from checking high-water marks on the sides and on the currency -- is understanding what the world economic and money system has become.

Good luck with that keelhauling task, even with salty guides fresh from the decks of this huge fleet of ships all stenciled, "Filthy Lucre And More." If you're not already seasick, and want more lore of these tides, check out today's stories of HSBC's mysterious 15 trillion in booty, magically washed right up onto their shores.

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