Hope We'll Have A Pot To Piss In Once It's Over
Most people believe that we are currently in a financial crisis. But this is not just a financial crisis. This is a financial consolidation - a high level financial war that will result in the Federal Reserve and the international bankers of the global elite having more power and more assets after it is all over.
This kind of consolidation has happened before. In 1815, Nathan Rothschild was able to learn the outcome of the Battle of Waterloo before anyone else in the financial community. When he started selling like mad, the financial community feared that Wellington had lost and they started selling too. The market completely went mad with selling. At the end of the day, Rothschild and his agents reversed course and bought up everything at dramatically reduced prices. Rothschild induced the panic so that he could buy up as much as he could and consolidate his power.At the start of the Great Depression, the major banks turned off the flow of credit. All of a sudden nobody could get loans for anything, and the great credit bubble that fueled the prosperity of the 20s collapsed. The market tanked, and the value of homes, farms and businesses went through the floor.
The bankers came along and bought up whatever they wanted for a song.So now they tell us we are facing another "credit crunch" - yeah a manufactured one. For the past two years the Federal Reserve has been starting to constrict the money supply and banks have been beginning to reduce the flow of credit. Of course that was going to result in dominos starting to fall - especially in our overleveraged society.One of the first dominos to fall was Bear Stearns - the last somewhat "independent" investment bank. Oh, the international bankers have wanted to get their hands on Bear Stearns for a long time. And they did just that when JP Morgan was able to scoop up the shattered remains of Bear Stearns for pennies on the dollar.
Next there was the whole Lehman Brothers debacle. JP Morgan has been accused by Lehman Brothers of dealing the critical blow that forced Lehman Brothers to collapse. JP Morgan is alleged to have frozen $17 billion dollars of cash and securities belonging to Lehman Brothers on the Friday night before its failure. Lehman Brothers subsequently collapsed, and many of its assets have been sold to buyers including Barclays.So let's review some of the consolidation that has been going on: Bear Stearns - purchased by JP MorganLehman Brothers - many of its assets have been sold to buyers including BarclaysMerrill Lynch - purchased by Bank of AmericaWashington Mutual - purchased by JP MorganWachovia - Wells Fargo was able to wrestle it away from Citigroup. In addition, dozens of smaller banks have been forced to sell themselves to the big fish. As if it wasn't enough that the international bankers crashed our financial system so that they could consolidate their power - now we are being told that we have to give them 100s of billions of dollars or else we'll have another Great Depression. Actually the estimated cost of all of the bailouts so far is over 8 TRILLION dollars and counting. Now Obama wants another 800 billion for another "stimulus" that will put the United States into even more debt.The reality is that we have sold our children into an economic future of misery, where the best case scenario is that they work night and day for the rest of their lives to pay interest on that miserable debt.And who is getting the benefit out of all this? The international bankers who own the private Federal Reserve who make money whenever the U.S. government borrows money.
Ultimately what is going to happen is that all of these "bailouts" paid for by borrowed money will cause the crash of the dollar.We are going to see inflation folks.Inflation far worse than they ever dreamed of in the 70s.Big, bad, hairy inflation that will make your hair stand on end.With this reckless spending by the federal government, the fate of the dollar is sealed.So use those dollars while you can my friends.Someday they won't be worth the paper they are printed on.
No comments:
Post a Comment