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Monday Mayhem





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Report as: spam offensive Albert Franklin on 4/15/08 at 9pm

Institute for Policy Research hosted an Economy Crisis Forum Monday in room A where charts and graphs galore were presented. One showed where Woodrow Wilson was in office when he asked his son-in-law William Gibbs McAdoo to come up with a suggestion to stop California goldminers from thumbing their nose at him. He suggested the president might nationalize goldmines. Although Wilson was already dead when his people contacted the federalis, and suggested
that they loan England gold. When this happened, a run on gold began, but before the federalis could do a thing the stock market crashed. 41% of those years were spent in depression, as compared to 6% today. Nevertheless, on the other side of the doublesided graphs, we also heard and saw
that Bear Stearn's bailout not so much as a cent will go to investors. This seems to underscore my argument that Bear Stears, Washington Mutual and Company plan on using it
to pay off angry customers who won in courts.




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