THOUGHT FOR THE DAY!

"Imperialism today is taking place in the context of...the 'universalization' of capitalism. It is not now primarily a matter of territorial conquest or direct military or colonial control. It is not now a matter of capitalist powers invading non-capitalist powers in order to bleed them dry directly and by brute force. Now it is more a matter of ensuring that the forces of the capitalist market prevail in every corner of the world (even if this means marginalizing and impoverishing parts of it), and of manipulating those market forces to the advantage of the most powerful capitalist economies and the United States in particular." ... "Military force is still central to the imperialist project, in some ways more than ever."-- Political scientist Ellen Meiksins-Wood, Z magazine Nov 1999, p26

 

HAPPY 'KICK OUT THE GOVERNMENT' DAY!!!

 

Morgan Stanley Considers Merger With Wachovia

As the wrenching shifts within the American financial industry shook world markets on Wednesday, Morgan Stanley, one of the two major Wall Street banks left standing, was considering a possible merger with the Wachovia Corporation or another bank, according to people briefed on the discussions.

Webmaster's Commentary: 

This may not work out. Wachovia has serious exposure to the Lehman debacle. They are not the heavy cash cow that Morgan needs.

Comments

Considering Mike's comment ...

chillyphantom

He he he. We got 95% of the cash out of the system. Let's go for broke. Maybe if we twist it a little more THIS WAY, we can take another 2 or 3%.

They certainly are doing a good job of cleaning out the cupboards folks.

By the time WE THU SHEEPLE realize what to do, the cupboards will be nothing but a paper shell with the doors just glued in place.

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