Bankers Want Cuts in Education

The Peterson Commission wants the pound of flesh to the derivative casino, the derivative financial instruments, and doesn't care if education and health care is destroyed. At the press conference, when Alice Rivlin was asked if ending the present Asian wars might save money, the old crone replied that military spending is trivial compared to the government spending on the elderly, which she said takes money away from the younger generation. Other panelists said the states are spending too much on education, that governors who do not drastically cut services would soon be "out of office." Time for a fixed exchange rate, 4-powers agreement for credit to rebuild the world. Forget about Europe, the four powers are the USA, China, Russia and India, with the help of possible secondary powers around the Pacific Ocean rim.