Its financial collapse season again. The leaves on Wall Street turn from green to red while the suits turn yellow. Hello. Too much bad paper to push unreal estate so they turn to buying up life insurance payoffs. After years of bundling home loans into securities and gamboling on the solvency of this mania with credit default swaps Wall Street turns to buying up life insurance policies from those no longer needing to protect their children or spouse. They bundle the policies into securities and pay the premiums and hope that water will run uphill this time. Before, they wanted to rob you by lending you money. Now, they want you to die.
Don Arrup
Satire1
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