History here.

Thalidomide was sold in a number of countries across the world from 1957 until 1961 when it was withdrawn from the market after being found to be a cause of birth defects in what has been called “one of the
biggest medical tragedies of modern times”.[4] It is not known exactly how many worldwide victims of the drug there have been, although estimates range from 10,000 to 20,000.[5]

Since then thalidomide has been found to be a valuable treatment for a number of medical conditions and it is being prescribed again in a number of countries, although its use remains controversial.[6][7] The thalidomide tragedy led to much stricter testing being required for drugs and pesticides before they can be licensed.[8]

One can imagine the headlines back in 1961, just prior to the withdrawal of Thalidomide from the market.

Pharmaceutical Industry: Thalidomide Withdrawal Would Be ‘catastrophic’

The Pharmaceutical Trade Association said Monday that a “systemwide recall on all Thalidomide” would be “catastrophic”.

“It must be recognized that the pharmaceutical market, pharmacies, pharmacists, obstetricians who prescribed the drug to countless pregnant women, the trust and faith Americans have in their doctors and their health care providers are all inter-related,” Tom Rain, president and CEO of PTA, said in a statement. “Pregnant women, American mothers, and obstetricians, — including thousands of perfectly normal, cute, cuddly, cooing American babies–would unjustly be scared out of their minds from these actions.”

Flash forward to today & see today’s Washington Post here.

Wall Street: Foreclosure Moratorium Would Be ‘catastrophic’

The Securities Industry and Financial Association said Monday that a “systemwide moratorium on all foreclosures” would be “catastrophic.”

“It must be recognized that the mortgage market, investors and the health of the economy are all inter-related,” Tim Ryan, president and CEO, of SIFA, said in a statement. “Investors in the housing market — including American workers with pension funds, 401k plans, and mutual funds — would unjustly suffer losses in their savings from these actions.”

Sound familiar?

Look, Wall Street, we didn’t create this mess! YOU DID! Now you’re kicking and screaming like demons being exorcised from the fabric of America? Do you acknowledge the misery and suffering and damage to billions of human beings worldwide? No! In a flagrant show of arrogance and disregard for our constitutional property rights, land records, and judiciary, you Wall Streeters fabricated billions of documents and confettied America with them. What in the heck were you thinking, “Maybe they just won’t notice?”

G-D only knows how we’ll effectuate legitimate property transfer over the next half century since you blighted millions of titles. Well, thanks but no thanks to your propaganda and your voices of doom and gloom about a moratorium. People out of work? Industries in ruin? Economy damaged? BINGO you pigs asses! Who created this mess? Look in the mirror! Hoisted on your own petard!

~

Lisa

ForeclosureHamlet.org