NY State Joins California in Bankruptcy

Governor Paterson came out on bubble TV (CNBC) and said that NY state is practically bankrupt. In any other country with free and good media this would have been big news and the stockmarket would be down 6-7% right this moment, but not here because media does not want you to know the reality since they are owned by the same rich people who would be hurt most by these news, so they try instead to hide it so that they can pass all the hurt and pain on regular people like us eventually using the government. But don't worry the current fiat money system that is the base of all this crony capitalism is running on borrowed time and the markets will make up for not going down during the upcoming crash.