The Savings and Loan Banking Crisis: George Bush, the CIA, and Organized Crime

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1992 – The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of about 747 out of the 3,234 savings and loan associations in the United States. A savings and loan or “thrift” is a financial institution that accepts savings deposits and makes mortgage, car and other personal loans to individual members—a cooperative venture known in the United Kingdom as a Building Society. “As of December 31, 1995, RTC estimated that the total cost for resolving the 747 failed institutions was $87.9 billion.” The remainder of the bailout was paid for by charges on savings and loan accounts — which contributed to the large budget deficits of the early 1990s.

The concomitant slowdown in the finance industry and the real estate market may have been a contributing cause of the 1990–91 economic recession. Between 1986 and 1991, the number of new homes constructed per year dropped from 1.8 million to 1 million, which was at the time the lowest rate since World War II.

 

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Waiting to Inhale (Full Version), 4.0 out of 5 based on 4 ratings
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Waiting to Inhale (Full Version)

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Waiting to Inhale examines the heated debate surrounding marijuana and its use as medicine in the United States. As patients demand laws to protect their right to use medical marijuana, opponents claim their argument is just a smokescreen for a different agenda— to legalize the drug altogether. How did America go from Reefer Madness mania to permitting the first clinical trials using smoked cannabis in decades? And what evidence is there that marijuana can alleviate the devastating symptoms of AIDS, cancer and multiple sclerosis? Waiting to Inhale takes the viewer from underground pot clubs to the U. S. Supreme Court; from an Israeli scientist’s laboratory to massive government approved marijuana gardens outside London. The film goes inside the lives of patients who have been forever changed by illness—and parents who have lost children to drug overdoses and believe marijuana is the culprit. Above all, Waiting to Inhale sheds new light on the controversy and presents shocking new evidence that marijuana could hold a big stake in the future of medicine.

http://www.waitingtoinhale.org/thefilm.htm

 

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1 comment to Waiting to Inhale (Full Version)

  • woodruff

    The last 15 minutes or so is fascinating. But….. who is (corporations are people my friend) GW pharmaceuticals? Starts to read as an infomercial. Subtly…..

    The true information is coming out… save the forests.

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