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Sunday, October 9, 2011

Banks Reduced To Begging The People To Accept Austerity

IMF Advisor Warns Of Meltdown (h/t cmaukonen at MyFDL)

Watching these gentlemen insist, complete with trembling voices, that banks must be propped up, and quickly, by government - hence by taxpayers, by the people, by further and deeper austerities - puts a further dramatic weight on the #OccupyWallStreet movements. Existing tension between the U.S. Government and its citizens will only be exacerbated by further cuts in social and public services, and it is quite clear that no one is particularly in the mood for this.

All of the corporate media spin on this question will be insufficient to alter this dynamic. Press on, #Occupiers, the suits are on the ropes. Remember, their fear is not our fear, and don't let them tell you otherwise.

Also, rare honesty from the vulture class:

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