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Simple question I am curious to know where you American folks stand on the state of your governments current plan to infuse wall street with 700+ Billion dollars.
As a person (ie. not a canadian) I think this bail out is a gaffe and a huge joke. It is just another shot to middle class and lower, while keeping the money in the rich mans pockets. Yet a further inclination to the trickle down economics that has gripped the USA since the reagan era.
I want to extend in to this so I will now talk about the central banking system, or the federal reserve (bank) system.
Established in 1913 the federal reserve is a semi private/public BANK that controls the strings of American economics. It provides the intrest rates, mortgage rates etc etc, based of its own numbers.
Debt in, Debt out?
Essentially how this system came about was in response to ecconmic down turn in the early 20th century. It was created to provide the government with money to infuse the ecconomy. With that money came debt, which incurred intrest. To this day the USA still has not re-payed the initial loans from the fed.
World Wars?
Many conspire that the fed and its banking families (such as the rothchilds) were responsible for edging the worlds into war. Several other banking families provided the funding through their central banks, to build up to a breaking point. The resault massive loans to government and massive debt.
Intrest Rates.
The intrest rates are controlled by the fed, and they manipulate how money flows. In times of high savings (comerce spending) intrest rates are low, and credit is given freely. In times of low savings (comerce spending) Intrest rates are hiked to draw in loans.
What this means is the federal reserve essentially keeps prices down durring the good times, and high durring the bad times. However this also allows them the power to manipulate the markets to their own whims.
Lets go back to 1929.
After years of low intrest rates and high spending. Massive amounts of loans were spread world wide, by all the central banks world wide (another conspircay behind the 6 major banking familys of the time). In 1929, with no warning or reasoning, the major central banks began increasing intrest rates. This created a spiral of recession, that was not escaped. The worlds ecconomy came to a halt due to a coincided Intrest Rate hike. The great Depression was the single greatest "attack" on the populace of the earth, set in motion by these big banks.
The Gold Standard.
If you are able to look at a 1 dollar bill from the pre-federal reserve banks area, you will note that it says it is worth its sum in gold. Meaning that the money represented an acctual quantitiy of liquid assests. Now take a look at your 1$ bill, it says legal tender, essentially it is worthless in terms of monetary ecconomics it is just paper.
The current down turn.
After years of ecconomic success (following the last instep of the fed durring the late 70's to mid 90's) has seen loans readily available, spending high. However this time we are also combated by a new enemy, big oil. The FED however is pulling its same tricks again, allowing massive loans to be lent, with low over all intest rates, glossing over the fact the money was not comming in. Since 2005 major ecconomic advisors have been informing people, bussiness, government, and the fed that intrest rates did not match the growth.
Fast Forward to 2007, Intrest rates are increased (claimed to being the fact oil was driving down consumer spending) after 2 years of warnings the fed spikes its intrest rates. Familys who have lost jobs and are scraping by begin to default on loans. Small business who were unable to get a foot hold due to the falsifying message from the government the ecconomy was strong, defaults on loans.
Here In Canada, we have seen this because of the incredibly fast turn around of our dollar compared to the US dollar. When Intrest Rates Increase this causes a need for more money to be issued, resaulting in a weaker and weaker dollar. Which in turn lowers buying power, and more defaults. This money is directly proportional to debt. It is a physical representitive of what is owed by the american government, and in retro spec its people.
Debt In. Debt Out 2?
Here we are on the eve of what is being called the most disturbing ecconomic crisis since the great depression, and the plan is to throw money at it. If you have read this you have a basic Idea of what this means. A 700 Billion dollar loan, is equal to a 700 Billion Dollar Debt. In this sense I mean a Debt to the reserve. They will make 700 Billion 1 Dollar bills, that are worthless. They plan to infuse this 700 Billion dollars into companies that have their own debts being called in. Essentially The american tax payers are looking to pay of double debt. Debt that has been around since 1913, that is not going away any time soon.
The Rich Get Richer.
By the rich, I do not mean bill gates. I mean the bankers, the central bank families. The more money borrowed means more money for them. Between this bailout and The Iraq War these banking families who own the federal reserve have made a little over 13.25 Trillion Dollars in debt inccured before Intrest if this bail out goes through. This is the physical amount of money. 13.25 Trillion Dollars Pause on that, Since the out break of the Iraq War that is 2.65 Trillion Dollars a year. Since the government has no real money, and its citizens money is worthless this debt is virtually unpayable. The Gold in Fort Knox that used to match each dollar in circulation, now belongs to the banking families of the federal reserve.
Ok thats my story about the reserve system. This 700 Billion dollar infusion is as worthless as a 1$ Bill, it has no value. This is a bailout not for Wall Street, But a direct cash payement, to increase debt to 13.25 trillion in 5 years. Completely perpetuated by the Federal Reserve BANK. Whose private owners will get rich, and its public "puppets" will watch in a few months when the fed cuts intrest rates again to balance out. Is it time to call the Bluff? or to wait for a potential Depresion yet again.
As a person (ie. not a canadian) I think this bail out is a gaffe and a huge joke. It is just another shot to middle class and lower, while keeping the money in the rich mans pockets. Yet a further inclination to the trickle down economics that has gripped the USA since the reagan era.
I want to extend in to this so I will now talk about the central banking system, or the federal reserve (bank) system.
Established in 1913 the federal reserve is a semi private/public BANK that controls the strings of American economics. It provides the intrest rates, mortgage rates etc etc, based of its own numbers.
Debt in, Debt out?
Essentially how this system came about was in response to ecconmic down turn in the early 20th century. It was created to provide the government with money to infuse the ecconomy. With that money came debt, which incurred intrest. To this day the USA still has not re-payed the initial loans from the fed.
World Wars?
Many conspire that the fed and its banking families (such as the rothchilds) were responsible for edging the worlds into war. Several other banking families provided the funding through their central banks, to build up to a breaking point. The resault massive loans to government and massive debt.
Intrest Rates.
The intrest rates are controlled by the fed, and they manipulate how money flows. In times of high savings (comerce spending) intrest rates are low, and credit is given freely. In times of low savings (comerce spending) Intrest rates are hiked to draw in loans.
What this means is the federal reserve essentially keeps prices down durring the good times, and high durring the bad times. However this also allows them the power to manipulate the markets to their own whims.
Lets go back to 1929.
After years of low intrest rates and high spending. Massive amounts of loans were spread world wide, by all the central banks world wide (another conspircay behind the 6 major banking familys of the time). In 1929, with no warning or reasoning, the major central banks began increasing intrest rates. This created a spiral of recession, that was not escaped. The worlds ecconomy came to a halt due to a coincided Intrest Rate hike. The great Depression was the single greatest "attack" on the populace of the earth, set in motion by these big banks.
The Gold Standard.
If you are able to look at a 1 dollar bill from the pre-federal reserve banks area, you will note that it says it is worth its sum in gold. Meaning that the money represented an acctual quantitiy of liquid assests. Now take a look at your 1$ bill, it says legal tender, essentially it is worthless in terms of monetary ecconomics it is just paper.
The current down turn.
After years of ecconomic success (following the last instep of the fed durring the late 70's to mid 90's) has seen loans readily available, spending high. However this time we are also combated by a new enemy, big oil. The FED however is pulling its same tricks again, allowing massive loans to be lent, with low over all intest rates, glossing over the fact the money was not comming in. Since 2005 major ecconomic advisors have been informing people, bussiness, government, and the fed that intrest rates did not match the growth.
Fast Forward to 2007, Intrest rates are increased (claimed to being the fact oil was driving down consumer spending) after 2 years of warnings the fed spikes its intrest rates. Familys who have lost jobs and are scraping by begin to default on loans. Small business who were unable to get a foot hold due to the falsifying message from the government the ecconomy was strong, defaults on loans.
Here In Canada, we have seen this because of the incredibly fast turn around of our dollar compared to the US dollar. When Intrest Rates Increase this causes a need for more money to be issued, resaulting in a weaker and weaker dollar. Which in turn lowers buying power, and more defaults. This money is directly proportional to debt. It is a physical representitive of what is owed by the american government, and in retro spec its people.
Debt In. Debt Out 2?
Here we are on the eve of what is being called the most disturbing ecconomic crisis since the great depression, and the plan is to throw money at it. If you have read this you have a basic Idea of what this means. A 700 Billion dollar loan, is equal to a 700 Billion Dollar Debt. In this sense I mean a Debt to the reserve. They will make 700 Billion 1 Dollar bills, that are worthless. They plan to infuse this 700 Billion dollars into companies that have their own debts being called in. Essentially The american tax payers are looking to pay of double debt. Debt that has been around since 1913, that is not going away any time soon.
The Rich Get Richer.
By the rich, I do not mean bill gates. I mean the bankers, the central bank families. The more money borrowed means more money for them. Between this bailout and The Iraq War these banking families who own the federal reserve have made a little over 13.25 Trillion Dollars in debt inccured before Intrest if this bail out goes through. This is the physical amount of money. 13.25 Trillion Dollars Pause on that, Since the out break of the Iraq War that is 2.65 Trillion Dollars a year. Since the government has no real money, and its citizens money is worthless this debt is virtually unpayable. The Gold in Fort Knox that used to match each dollar in circulation, now belongs to the banking families of the federal reserve.
Ok thats my story about the reserve system. This 700 Billion dollar infusion is as worthless as a 1$ Bill, it has no value. This is a bailout not for Wall Street, But a direct cash payement, to increase debt to 13.25 trillion in 5 years. Completely perpetuated by the Federal Reserve BANK. Whose private owners will get rich, and its public "puppets" will watch in a few months when the fed cuts intrest rates again to balance out. Is it time to call the Bluff? or to wait for a potential Depresion yet again.
(Although I haven't seen Bush impeached yet 
)
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