Fortis Bank: Total US Financial Meltdown Coming

The Dutch bank has warned its customers that up to 6,000 US banks are at risk, as are many giant corporations like General Motors. Could the Federal Reserve, the Bush administration, the Pentagon, the congress, and the academic-corporate-media elite really have combined to destroy our economic future? Yes. There could be dark days ahead, though without the government and the central bank, they need not stay so. And we always have the remarkable creative and regenerative powers of capitalism and its entrepreneurs working for prosperity and civilization. (Thanks to Tom Lombardi.)

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9:10 am on June 30, 2008