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Telling it Like Is and How it Will Be-Danielle Park--08.May.2012

  • Broadcast in Finance
Financial Survival Network

Financial Survival Network


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Danielle Park of www.JugglingDynamite.com joined us for our bi-weekly journey into the economic realities now hitting every person on the planet. There's no easy way out and sticking with losing systems, just like losing investments, is your surefire ticket to the poorhouse! Danielle explored the current administration's unwillingness to hold the banksters accountable for the damage they've inflicted. While we were at it, we also discussed the fact that the government should finally own up to its major role in creating this ghastly state of affairs. After all, who created Fannie, Freddie, FHA, Sallie Mae and so many other ill-fated quasi-government schemes for inflating Wall Street profits?

Who came up with TARP, the Stimulus, and a host of other initiatives? All these were supposedly aimed at improving the economy, yet they have accomplished exactly the opposite. While it's true there's a chicken and egg relationship between DC and Wall Street, the reality is governmental corruption and intervention have d