|13 Nov 2008 @ 17:01, by Vaxen Var
About the Bailout
A look at the numbers tells the story. With thanks to www.reason.com ("Bailout Balance Sheet", November 7, 2008 by Katherine Mangu-Ward and Anthony Randazzo) the awful total so far looks like this:
$29 billion for Bear Stearns
$143.8 billion for AIG (thus far; it keeps growing)
$100 billion for Fannie Mae
$100 billion for Freddie Mac
$700 billion for Wall Street, including Bank of America (Merrill Lynch), Citigroug, JP Morgan (WaMu), Wells Fargo (Wachovia), Morgan Stanley, Goldman Sachs, and a lot more
$25 billion for the Big Three in Detroit
$8 billion for Indy Mac
$150 billion for stimulus package (from January)
$50 billion for money market funds
$138 billion for Lehman Bros. (post bankruptcy, through JP Morgan)
$620 billion for general currency swaps from the Fed
Rough total: $2,063,800,000,000—Two trillion and growing!
Not included in the above: hundreds of billions from the Fed to buy up commercial paper and lend out to other commercial firms.
What on earth is going on here? Simple, actually. Our Treasury and Federal Reserve are loading debt on future generations and transferring the debt money to Wall Street criminals and commercial bankers—the very people who massively breached their fiduciary duties by creating this catastrophe in the first place. BreaktheBailout indeed.
The first post-bailout outrage came from the massive insurance giant AIG. After receiving an $84 billion taxpayer bailout, AIG turned right around and held a grand party for their executives at a cost in excess of $440,000. There was outrage on Capitol Hill, including threats to "get the money back." Rep. Elijah E. Cummings (D. MD) thundered: "They were getting their manicures, their pedicures, massages, their facials, while the American people were paying their bills." But instead of any action, our Federal Reserve gave AIG another $38 billion after the party.
We heard lots of comments from presidential candidates and congressional leaders about not letting CEOs profit from the bailout, but the Wall Street Journal reported that, after the bill was signed into law, bailout czar Neil Kashkari (ex-Goldman Sachs) told a group of Wall Street executives that any restrictions on executive compensation in the bailout bill didn't really mean anything. As Dean Baker, co-director of the Center for Economic and Policy Research wrote: "Of course, anyone who bothered to look at the bill already knew that the compensation restrictions were meaningless before the bill passed. So why do we only see this reported in the media after the fact?"
Goldman Sachs has been scheduled to receive an estimated $10 billion in bailout money from the government. This firm responded by anointing 92 new members into its exalted status of partnership, and announcing bonuses of $210,000 per employee for 2008 -- a total bonus pool in excess of $6.8 billion. Similarly at Morgan Stanley, another giant bailout recipient, bonuses of $138,700 per employee were announced, with a total bonus pool in excess of $6.4 billion. Goldman and Morgan are prime offenders, but these firms were not alone-- this grotesque story repeats itself all across the Wall Street community. What we are seeing is crystal clear: our taxpayer bailout dollars flow into these Wall Street firms on one day, and out to their executives and employees as "bonuses" on the next.
The "bailout to bonus" issue is not unique to Wall Street. A floundering Royal Bank of Scotland received a massive bailout injection from British taxpayers in the amount of 20 billion pounds to stave off corporate bankruptcy. The reaction of Royal Bank of Scotland? They immediately announced bonuses for thousands of staff members (mostly in the investment banking division), totaling nearly two billion pounds. In the words of one frustrated British politician, as reported in the Guardian UK: "The banks are making complete monkeys of us."
And monkeys we are. The financial suffering of ordinary American (and worldwide). taxpayers, not to mention future generations loaded with bailout debt obligations, seems not to have registered in the slightest with our banksters and their purchased political patrons. Behind closed doors they surely must be laughing at the foolishness of the people they purport to serve. Already the bankers are announcing that they have no intention of lending out any of the bailout money. Their strategy is clear: rebuild their balance sheets, and wait for better times to acquire new assets on the cheap. Moral hazard? No one in government knows or cares.
The time has come for fundamental change. During the bailout debate, 50,000 letters were sent to Congress and the media through The Campaign for Fresh Air & Clean Politics, and we were just one among many. But this letter campaign was only the beginning of our effort, and more and more of the American people are coming to realize every day that bailout legislation is not going to solve the economic crisis our country is facing. Even on the day the original bailout legislation passed, members of Congress were expressing concern it would not be enough, and already there is talk in Washington DC about Congress coming back to pass an economic stimulus package. Meanwhile, our country has lost trillions of dollars in wealth on stock exchanges in recent weeks, and we are seeing the biggest unemployment increases and reductions in payrolls in many years. The disastrous economic news at home goes on and on, while at the same time the US fights two long (and unwinnable) wars in Iraq and Afghanistan at a price reaching trillions of dollars. Meanwhile, the Congress just approved an additional $700 billion in defense spending for the next year.
Here's What We're Asking You To Do
CFACP has retained Breakthematrix to serve as our moneybomb organizer and service provider for a massive donations collection effort. Remember the famous moneybombs that raised millions for the Ron Paul presidential campaign? Well Trevor Lyman was the man behind those efforts, and he and his Breakthematrix colleagues are the leading experts in the world in online moneybomb fundraising. Here's how it works:
You enter your pledge today – RIGHT NOW-- by clicking the "Pledge" button on the side of this web site screen. This pledge becomes your commitment to make a tax deductible contribution to the BreaktheBailout Project at Campaign for Fresh Air and Clean Politics on December 7, 2008-- the moneybomb collection day. Visit our web site often over the next few weeks to watch the pledges mount, and to learn about the growing community of friends and supporters who are choosing to become Bailout Breakers with us. Then the key event – you COME BACK on December 7th (Pearl Harbor Sunday) and make your actual money contribution right here at www.breakthebailout.com. The power and force of the moneybomb is simple and straightforward. We all donate on the SAME DAY, and working together we send our bankers and political leaders a message they will never forget. So help us make it work. Pledge today; add your name and link to the listing on our Bailout Breakers community page; then come back and donate on December 7th. Let's show these bankers and politicians once and for all that there's a powerful movement here that will settle for nothing less than an end to bankster ownership of OUR MONEY.
Why December 7th? It's a Bankster Sneak Attack, That's Why
On November 15, 2008, George Bush will host a global summit of international bankers and governments in Washington, DC. These people are coming together for the express and stated purpose of creating a new world financial order on the backs of taxpayers and future generations. Nothing but evil will come from this gathering—it's a bankster sneak attack on our citizens and taxpayers.
Well, we at BreaktheBailout remember another grand sneak attack on America on December 7, 1941, and we remember how Americans of all ages, colors and walks of life came together in a unified response. The New World Order proposed by the globalist bankers is a direct attack on the liberty and sovereignty of all Americans-- let alone on the pocketbooks of American taxpayers and future generations-- and a coming together of the American people is called for now more than ever. We need to let these modern day globalist bankster sneaks know they WILL NOT BE ALLOWED to get away with their phony money scams. Let's stand up to these banksters and faux leaders! Their banker bailouts are a fraud, just like their illusory money itself is a fraud! Their "new world financial order" is nothing more than an ongoing taxpayer ripoff—for generations to come! Don't let their sneak attack work! Join our community of Bailout Breakers, and let's start building the strong and committed base that's going to be needed to throw their failed policies (and people) out with the rest of the trash.
What Are We Planning To Do With the Funds We Raise?
In shorthand terms, the funds will be used to build a transpartisan community of Bailout Breakers; to spread our message about ending the bailouts and taking back control of our money; and to create the tools that are going to be needed for standing up to the banksters and their purchased politicians. For a more detailed explanation of what we intend to do with the donated funds, click here.
Please Become a Bailout Breaker Today; And We Thank You For Your Pledge.
If you'd like to light the fuse for December 7th's moneybomb, you may donate now. Don't forget to pledge to come back and donate again on the 7th!
*Note: "WuHu, yeah. All that Fiat currency! If the breakout doesn't break us then break the bailout will!" - Vax
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© 2008 BreakTheBailout.com
Where Is America Financially Headed?
By Ron Branson – National J.A.I.L. Commander-In-Chief VictoryUSA@jail4judges.org
Twelve years ago in 1996 this author wrote an article on where America was headed financially, and behold! he was extremely accurate as if written this year. At that time, J.A.I.L. (which was then called “The Judicial Reform Act of 1996") had neither a website, nor was connected with the internet. The article was merely distributed as a printed pamphlet.
Now the news reveals that Americans are giving their hard-earned money to bail out the bankers to the tune of $700,000,000 (seven hundred billion dollars). People are being laid off in droves from their jobs in the millions. People are losing their homes; they are watching their 401(k)s being depleted; and their retirements failing, all the while the banksters are wining and dining in pure luxury.
In yesterday's news (11/10/08) the AIG bank, (whose website www.AIGbank.com states, “Banking is now as easy as AIG!” and who has already reaped over a hundred billion dollars from the taxpayers in bail-out funds), is now claiming to be destitute of funds and asking for billions more in bail-out money from Congress. They have been caught living it up in riotous conditions at a confidential luxurious hotel, drinking, celebrating and making merry, including swimming, golf, massages, etc. --all at taxpayers' expense! These banksters are now avoiding the media who discovered them by using hidden cameras at this secret location.
The powers-that-be are even now looking to the heads of the Federal Reserve to come up with innovative ideas on how to save the economy from ruination, when it is precisely this same private Federal Reserve banker consortium that is at the helm of our economic woes.
Read the following and see if you agree that it appears that the below was written this very year instead of in 1996.
The Judicial Reform Act
The New World Order
* * *
The Final Showdown for America
The subject matter you are about to read is of utmost importance, barring religious and eternal values, inasmuch as it deals with a national emergency involving you and the future of your children and grandchildren. Whether you find it difficult to grasp or understand makes it of no less importance. This message is directed toward middle-class America, the wealthy, and to all who have ears to hear.
This publication consists of two parts: 1) The Problem: What is planned for your future; and 2) The Cure: What you can do to avert those plans. Give your undivided attention to what follows. Do not stop until you have finished. We are driving at a point you must not miss.
1) The Problem
"Permit me to issue a nation's money, and I care not who makes its laws."
--Meyer Anshelm Rothchild ~1780
Thomas Jefferson cautioned, "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks ... will deprive the people of all property until their children wake up homeless on the continent their fathers conquered." Similarly, James Madison said, "History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance." Despite these warnings, the unthinkable happened.
On December 23, 1913, after Congress went home for Christmas, private bankers through craft, intrigue and deceit. indeed grasped control of the nation's currency, and thereby predestined the total collapse of America. Congress was told that the Federal Reserve Act would not be taken up until Congress returned after Christmas. As soon as the opposition left, those few congressmen, privy and complicit with the bankers' plans, stealthily brought the FRA to the floor (without a quorum) and quickly "passed" it. They then sent it posthaste in the middle of the night via a confidant of President Woodrow Wilson, who, having not read it, asked, "Is this a good bill?" Upon his friend affirming it was, the President signed it. After President Wilson realized the impact of what he had signed, he said, "I am a miserable man. I have unwittingly ruined my country. ... The growth of the nation, therefore, and all our activities are in the hands of a few men."
Today, the Federal Reserve Board controlling our nation's "money" is 76% foreign owned by private interests. They have no allegiance whatsoever to America, as they think only in global profit$, nothing else! America is now controlled by a few very extremely wealthy globalists.
In the book Blueprint for Victory, we are told the bankers long ago planned our demise. Their plan is to gently lower your living standard, while juggling figures and presenting lying reports that "better days are coming," "prosperity is around the corner," "the economy is growing," and "unemployment is down," when the
truth is just the opposite.
In reality, the entire middle-class is planned to be obliterated, including you who are influential reading this. It is predetermined you be financially gutted. Your business is to be slowly depleted through "unfortunate" circumstances of debt foreclosure, bankruptcy, bad decisions, unable to meet tax obligations, poor business, and legislative control of your business and private property. It's not that these bankers don't believe in private ownership of property; they do. It is just a question of who owns it.
Remember when the average man graduated from school or college, got married, bought a new home, a new car, had a house full of children, was the sole bread-winner, (his wife stayed home and raised the children), he paid all his bills, and had plenty of money left over to put away into savings, and to plan for the future of his children? Today the average man graduates from school, gets married, rents a cheap apartment, buys a new car, both parents work full time outside the home, both struggle to pay the rent, utilities, baby sitter, car payments and insurance, and have nothing left over. Yet they're making more money than ever. Someone said, "I'm now making the money I used to dream of making on which I am now starving." Remember when "inflation" meant something you did to your bicycle tire?
Imagine for a moment the power of the Federal Reserve. They can shut down the housing market and cause all construction to cease with one phone call. They can just pick up the phone, place a call, and cause upheaval in the entire world market. They can send the stock market into a tailspin within minutes. They can bring about massive layoffs in all industries, or create a national depression at whim. They can do what no military power on earth can do, ruin the nation over the weekend and
never fire a shot. October 1929 was but an illustration. Multi-millionaires instantly became paupers. Rich men and CEOs jumped wholesale from skyscraper windows or off bridges, unable to cope with the "permanent prosperity" that had been assured them by President Hoover.
Congressman Charles A. Lindberg rightly said, "Under the Federal Reserve Act panics are scientifically created; the present is the first scientifically created one, worked out as we figure a mathematical problem." They turn the economy off and on like a faucet, and manipulate the stock market to their ends.
CALLER to San Francisco Federal Reserve Bank public relations man, Ron Supinski, October 8, 1992: How many Federal Reserve Notes are in circulation?
SUPINSKI: $263 billion and we can only account for a small percentage.
CALLER: Where did they go?
SUPINSKI: People's mattresses, buried in their back yards and illegal drug money.
CALLER: Since the debt is payable in Federal Reserve Notes, how can the $4 trillion national debt be paid off with the total Federal Reserve Notes in circulation?
SUPINSKI: I don't know.
CALLER: If the Federal Government would collect every Federal Reserve Note in circulation, would it be mathematically possible to pay the $4 trillion national debt?
SUPINSKI: No. (Note: Is this not proof from the horse's mouth of inevitable national bankruptcy affecting everyone?)
The Banker's Manifest of 1892, as quoted from the book Economic Pinch by Charles Lindberg, Sr. says, "When through the process of law, the common people have lost their homes, they will be more tractable and easily governed.... People without homes will not quarrel with their leaders."
In New Lies For Old by Anatoliy Golitsyn, it says the insiders themselves describe their goal as "the end of history." "This agenda has been followed systematically since the end of World War II, with no interruptions in strategy and only occasional
shifts and tactics. What may appear to be rapidly unfolding events are in fact policies of long standing."
2) The Cure --America's Only Hope-- The Judicial Reform Act
"Permit the People direct control over immunity of a nation's judiciary, and I care not who makes the money."
Ronald Branson -- 1996
While hard to grasp, it is nonetheless true. There is no future hope for America outside the principles set forth in the Judicial Reform Act (JRA). It has been called the most important proposed legislation in the last 200 years dating back to the Magna Carta or the Declaration of Independence. The JRA is a workable and peaceable means by which the People will begin to regain control and accountability over their government, starting with California. JRA creates Special Grand Juries that will exclusively investigate the misconduct of all judges of the State of California. JRA will influence every state in the union, and will become the stepping-stone to federal judicial reform.
The only thing the Federal Reserve Bankers fear is a "rogue" federal judge ruling in favor of a constitutional challenge of their monetary system. The Constitution prohibits private control of our nation's money by mandating, "Congress shall ... coin money, regulate the value thereof." Article I, Section 8. The bankers, therefore, must maintain their control of five justices of the U.S. Supreme Court on this issue. When they lose that, the People will regain their freedom and the New World Order will lose its stranglehold.
Since its inception, the Federal Reserve has been constantly under attack through court action, and the federal judges have continuously ruled for the bankers. The Banker's Manifest acknowledges, "The courts must be called to our aid." Without bankers controlling the courts, they know the banking fraud is over. The key to America's victory, and your children's future then, is in the creation of a unique Special U.S. Grand Jury after the order of the JRA with one sole purpose: to hold all federal judges directly accountable to the People. This Grand Jury will be autonomous and without government control of any kind. These Grand Jurors shall have complete authority to strip any federal judge of immunity, should they continue to cover for the bankers, violating their oath to uphold and defend the Constitution.
JRA vs. NWO draws a battle line for national survival, a cause for which we cannot give up and must not lose. The JRA is proposed legislation with immutable truth that will never die! It will ever be present and persistent, urging itself as the only answer to government out of control. Democrats support it; Republicans support it; Independents support it; so do liberals and conservatives. Police support it; lawyers support it; and yes, even some honest judges are confidentially supporting it, knowing corrupt judges make it hard for honest judges to be honest.
The JRA Initiative was filed November 30, '95. Our first attempt to gather a million signatures and qualify it was done entirely by volunteers. Through experience we are forced to reckon with the fact that volunteers alone cannot do it. We must raise the money to bring it to pass. It may be encouraging to some of you to consider that freedom is only a matter of a money investment in your children's future. Our challenge before us then is, can we who love America and freedom, raise the money to pass the JRA before the New World Order depletes us of our property, our assets and our wealth, leaving us with nothing by which we may oppose them?
What's the Bid for your Children's Future? Our plan of action is getting people to sponsor blocks of signatures which will collectively total somewhere over a million signatures at one dollar apiece. This may seem a lot to most of us, however, consider the alternative. We stand to lose everything. Collectively, we can do it. It begins with you buying the first block. How much will you bid for freedom? Do I hear 25 signatures? 50 signatures? 100 signatures? 250 signatures? 500 signatures? 1,000 signatures? 5,000 signatures? 10,000 signatures? "Nothing" is not an answer! Freedom is not FREE.
This is an emergency. Your future, your children, your assets, your country, everything rests upon you! Don't wait for the other guy to finance your freedom. If you do, everyone loses. Don't gamble with your future! How many signatures will you sponsor? Decide and write a check, even if it's a small check; but write a check now. "For lack of a nail, a shoe was lost. For lack of a shoe, a horse was lost. For lack of a horse, the battle was lost." We must not lose America for want of a nail. If JRA doesn't prevail, we ask that you take down the flag furling over Arlington Cemetery, and turn out the lights shining on the Statue of Liberty.
This is a call to duty to all you patriotic Americans who love your Country. If not now, When? If not us, Who?
Ten years later we added the following:
Where are we today besides the name JRA having been changed to J.A.I.L.? Not being able to raise the funds necessary to sponsor the Initiative in California, we have now, ten years later, targeted the State of South Dakota for passage in 2006. The Initiative was filed there twelve days ago, on May 27, 2005 with the Secretary of State, and notification from the State is imminently expected.
I repeat the challenge made ten years ago: [C]an we who love America and freedom, raise the money to pass [J.A.I.L.] before the New World Order depletes us of our property, our assets and our wealth, leaving us with nothing by which we may oppose them? …. Thanks for your support in extracting America from the grip of the bankers and the NWO.
* * *
PS – We are even now hearing the financial prognosticators prophesying that the market bottom should hit around the middle of 2009 before the economy turns around and prosperity follows. Don’t you believe it! The very same greedy financial influences that brought us to where we are today are still at play; and these banksters shall not cease until they own the very soil on which you are standing. Your only purpose to them for existence is to bring in the fruits of your labor into their coffers. Believe me, “…a good tree bringeth not forth corrupt fruit; neither doth a corrupt tree bring forth good fruit.” Luke 6:43; and “Can the Ethiopian change his skin, or the leopard his spots? Then may ye also do good, that are accustomed to do evil.” Jeremiah 13:23.
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He has combined with others to subject us to a jurisdiction foreign to
our constitution, and unacknowledged by our laws; giving his assent to
their acts of pretended legislation. - Declaration of Independence
"..it does not require a majority to prevail, but rather an irate, tireless
minority keen to set brush fires in people's minds.." - Samuel Adams
"There are a thousand hacking at the branches of evil to one who is
striking at the root." -- Henry David Thoreau ><)))'>
Category: Economics, Financing, Banking
14 Nov 2008 @ 02:33 by @188.8.131.52 : Like it matters......
......but according to this, it's already even more. We're being laughed at..... and maybe rightly so..... as the 'people' are bent over, taking it from behind, all loaded up on Prozac, drool running down their chins.....
Yes, $3.45 trillion has already been spent, as Bailoutsleuth.com details:
$2T Emergency Fed Loans (the ones the Fed won't discuss, as detailed here)
$700B TARP (designed to buy bad debt, the fund is rapidly transforming as we'll discuss in an upcoming segment)
$300B Hope Now (the government's year-old attempt at mortgage workouts)
$140B Tax Breaks for Banks (WaPo has the details)
$110B: AIG (with it's new deal this week, the big insurer got $40B of TARP money, plus $110B in other relief)
Tallying up the "true" cost of the bailout is difficult, and won't be known for months if not years. But considering $3.5 trillion is about 25% of the U.S. economy ($13.8 trillion in 2007) and the U.S. deficit may hit $1 trillion in fiscal 2009, hyperinflation and/or sharply higher interest rates seem likely outcomes down the road.
14 Nov 2008 @ 05:52 by : The problem...
is a traitorous Congress, that established the FED in 1913, and the FEDERAL RESERVE system which is fraud plain and simple but as noted this allows those 'elite' one worlders who are desirous of complet control over everything and everyone an almost total iron fist over the many slaves dependent on this totally corrupt and corrupting 'financial' system. Slavery in a nutshell. The Federal Reserve, Congress, et al, must go! Whatever it takes to get rid of these traitors must happen...
Like quality of life does matter and for a whole world to be enslaved by just a few who enslave the many via lies and deceit to fiddle whilst Rome burns is wrong and they will get their just recompense at the end of a rope or with a bullet to the back of their pudgy wretched heads. The recent comedy of Barack Obama should warn people that far worse than Bush is on it's way. Will they listen and heed the writing on the wall? No! They'll expect those of us who want nothing to do with this wretched system to toe the line like they do in true 'Democratic' fasion. I hear the drums of silent warfare calling for their blood. The jungle thirsts and will extract it's just due...
14 Nov 2008 @ 06:12 by : Bait & Switch
"Obama cannot stop this orgy of lawlessness because it has become endemic to this system without order. In fact the congress has become useless in the face of these government-by-Executive- decrees, supported by near total apathy from the public that is being stripped and hijacked in broad daylight. While the thieves squabble among themselves, this nation sinks beneath the rising tides of red-ink and stolen promises that shall leave Americans destitute by the time of Obama's ordination. These creatures will not stop until we demand an end to all of this. At the very least we have to stop them from just making it all up as they go along! If we don't act now - then the global-markets will crash and that dreaded worldwide Depression shall become an indisputable fact." - Jim Kirwan
14 Nov 2008 @ 20:44 by a-d : This is also
quite interseting , me thinks, http://prudentinvestor.blogspot.com/2008/11/bloomberg-picks-fight-with-federal.html ... just to "prove" that people really are starting to make noise about this whole "money" (read: SLAVERY) thing.
I don't believe for a moment at any of the statements Brian Wilson has stated here. NOT AT ALL! I think Humanity is motivated by their LOVE FOR LIFE DESPITE ALL the Efforts made by the CROOKS and CROOKS ALONE!!!... for Humanity to GIVE UP THAT LOVE, hence their LIFE, TO the CROOKS due to UTTER DESPAIR orchestrated BY these CROOKS!!!
A Clinical Analysis, like B.Wilson's here (in your comment here above) , where NO higher /more spiritual/ Aspects are seen but the nonsense, fabrications and orchestrations of meyhem and chaos and confusion, that the Crook's always create on /for our Socio-political Scene; "Ideology This", "Ideology That" ad nauseum. But the Crooks will not draw the longest straw any more. Those times are over! LIFE ALWAYS HAS THE LAST SAY --and LAUGH -as it were!
14 Nov 2008 @ 22:08 by : Brian...
is being satyrical, A-d! You really must begin to think in English. SOmetimes, I feel, you miss what is being said...the puns, the 'hidden' stuff. The spaces between the letters. Just an observation not a 'put down' so please don't get offended or angry. Take it all with a pinch of salt. You'll live longer and smile more. We own this world and it's games so which players are yours? Or do you Pan Determine all things in your verse? I tend to be Pan Deterministic and I've a slew of players you wouldn't dream of. Sarkozy of France, for example... ;) Now eat a bannana and fly, monkey girl! ;) heh, heh...
14 Nov 2008 @ 22:13 by : Heh, heh...
The below from A-d's link above:
For those of you concerned about the Fed's risky behavior, its ballooning balance sheet, and its acceptance of dodgy collateral, well you may be about to see whether the American democracy can allow this unchecked power to continue without oversight. Bloomberg News has sued the Federal Reserve to force them to reveal what kind of collateral they are accepting in loaning out trillions of dollars to U.S. banks.
The Federal Reserve, a quasi-government body (which strictly speaking is a private corporation in that it is owned by member banks), has been accepting assets of ever more dubious quality in a bid to liquify the U.S. banking system. Moreover, their efforts should be considered highly inflationary and a long-term threat to the value of the U.S. dollar and to the American economy.
The Fed balance sheet is expected to balloon to $3 trillion by the end of the year, up from $900 billion in August -- a rise in the Fed’s balance sheet from 6% of GDP to more than 20% of GDP in four months. In Japan, which was known for quantitative easing during its own deflationary crisis, the central bank’s balance sheet rose progressively from 9% of GDP to 29% of GDP. But this was over ten years from 1994 to 2004. At the current pace, the Fed might do in six months what it took ten years to do in Japan. Amazing.
Thanks A-d. Sweet! But, the goons are still there. The IRS henchmen work for the Fed Res you know? ;)
15 Nov 2008 @ 01:48 by a-d : Yeahhh, they are there
but they are being challenged ever more every day Someone from a new direction, pops up, making the Bad Guys uncomfortable with their questions, that the Bad Boys can't --or don't want to --answer! and that already is doing a world of difference/good!
Now, for Things to really start to change, We The People need to get more together in a Common Cause!....." The only outcome is a revolt. " the ONLY Thing that will brake down the remaining IRON CURTAINS, keeping the last bit of Ugly Truth away from being known and that we need in order for Everyday Man not to have be scared to death "what will happen" when un-employed with no "money" his "bills & "mortgages" and the Crook's Henchmen knocking on his door. Whadddzzhe supposed to say, and how to react, act???
Hmmmm.... Yeah... maybe you're right, I do NOT see anything satirical/ sarcastic in B.W.'s writing... I do not either see it as English vs another lingo" CONCEPTS are the same in all languages!... so if I don't understand sarcasm or satirical in English, then I don't grasp it any better in Swedish, got it? Glad you say that though...just today I was thinking of this very subject... I LOOOOVE SATIRE and sarcasms... maybe too much! Well... We have to just keep an eye on this Q;A-d's ability to understand S & S in this --or that lingo. : ) Sometimes, I'm sure, I miss the Punch... especially in moments when I my self am not the Delivery Man! *!* ... :)...
15 Nov 2008 @ 14:49 by ashanti : Thanks
for the article. Spells it out, nuts and bolts. All that will not "change". Only people can change. People will wake up when the effects of the theft hit in real terms.
15 Nov 2008 @ 18:48 by : Nah...
I don't think they will. Or should I say we? They is we and I'm fast asleep. The years go by and nothing appears to change at all. People over all seem to love the glitz of fascism, kings, queens, trumpets, Caligulas and the whole nine yards of the dream.
Seconds turn into minutes turn into hours turn into days turn into weeks turn into months turn into years turn into decades and lifetimes all lived in a fantasmagorical moment.
U0, playing field. U1 My Universe, U2 Your universe, U3 Our Universe. Megaverses, Metaverses, Paraverses, verses, words, numbers, lines, periods, dots at the end of a poem which was yesterdays sibilance and expression and tomorrow nights infinite dream.
Ashanti I no longer be-lieve. Not by my leave do 'they' do this. They are pawns in our game luv. You know that. Now what would best illustrate attitudes altitude for today, this very windy day? Christmas we will to be here in six friggin weeks, then the end of another year (Gregorian Calendrical Lies), and the beginning of Obamas' reign as? The joker.
Lots of civilian suits against that regime. No birth certificate which can be said to be legitimate, supports Arab terrorists and African ones too, calls himself a mutt... Ooooo! A lackey in the White House... so? ;)
The world spins on and so do we. Luv ya lady Ashanti and it is darned good to know you're still running your game. Good on ya and happy day...
It's all a memory and America, et al, passed out of existance billions of years ago... Soon we'll wake up at the auditing table, from out our reveries, and walk out the door forgetting all along that we are OT...
All aboard, the Enchanter sails at dawn.
18 Nov 2008 @ 03:37 by : Oh boy!
“When Barack Obama Jr. was born on Aug. 4,1961, in Honolulu, Kenya was a British colony, still part of the United Kingdom’s dwindling empire. As a Kenyan native, Barack Obama Sr. was a British subject whose citizenship status was governed by The British Nationality Act of 1948. That same act governed the status of Obama Sr.‘s children.
"Since Sen. Obama has neither renounced his U.S. citizenship nor sworn an oath of allegiance to Kenya, his Kenyan citizenship automatically expired on Aug. 4,1982.” That is a direct admission Barack Obama was a British citizen "at birth".
WHAT CONGRESS & THE MEDIA WON'T TELL YOU
November 17, 2008
© 2008 - http://NewsWithViews.com/
"Would you rather have one tyrant 3,000 miles away or 3,000 tyrants one mile away?" Mel Gibson as Benjamin Martin, The Patriot
This is the latest on the Obama citizenship crisis and then some research resources for you on major issues.
In my last column, Part II, was devoted to the growing crisis over Barack Hussein Obama refusing to prove he is a natural born citizen; see here http://www.newswithviews.com/Devvy/kidd414.htm . You can get involved with the effort to contact electoral college delegates to stop their vote on December 15, 2008 by clicking here http://www.newswithviews.com/Devvy/kidd414.htm ; those links are identified as such.
2 Dec 2008 @ 05:10 by dan1 : The People's Role in J.A.I.L. ?
Can J.A.I.L. be entered and operated by as many True Citizens as will become participants? Or is it another "elite" operated program for The many?
Can this be a True People's Movement? An action committed by The Many? I have seen no mention of this idea from Ron Paul, the Constitutionalists or Republic Patriots. Could it be that they are not aware of this idea...J.A.I.L.?
2 Dec 2008 @ 21:07 by dan1 : Joined The J.A.I.L. Yahoo Group...
... and am in the process of studying this movement...to see if We The People really have a collective role to play in it.
So far, I see a potential for a complete full circle to be formed regarding Our Society and Government. A few other elements might have to be added that further organize The American People, but I like this part of it so far.
2 Dec 2008 @ 21:36 by : Incidentally...
the term 'We The People' has been copyrighted, along with many other, by the Corporate entity, fiat government, calling itself the United States, and the united States of America, and the USA, U.S.A, US etc., therefore when you use the term "We The People" you are, unkowingly, siding with the fiat government which is actually run out London England so...
It pays to be extremely wary where legal words and fictions are concerned so as to not unknowingly sign your unalienable (Unto which a LIEN cannot be attatched and not the same as in-a-LIEN-able) rights away. See ya there dan1. Good to see you again and thanks for the comments. Gonna become a J.A.I.L.or?
6 Dec 2008 @ 20:22 by dan1 : We The People
Thank you Mr. Var, for the heads up about another tyrannical act of the "Corporate Entity". I was not aware that they have copyrighted Our Name.
The "Corporate Entity" has and never will have the right to copyright the term "We The People". This is an abuse of the copyright process. We The People must deny the corporate entity that power. That term by its very nature and by its meaning is reserved for the People Of America, whether they be orgainized as Federal Government or as Republic. "We The People" is NOT for corporate use. We The People can be used by OUR government only if We say so. We have agreed to this by accepting the Constitution of the United States Of America as the Basic Law Of The Land, but it is Our Right to change this if We need to. If the United States Of America diminishes in power or ceases to be, We The People Of whatever will retain Our right and will to be called WHAT WE ARE!
I value being a part of We The People. I am powerless without We The People. I hope more citizens, or Individuals come to realize this and act accordingly. As usual my attitude about this is counter to an evil reality that needs to be corrected.
Yes Mr. Var, I am planning to help J.A.I.L. I am limited and spread thin, but I will do what I can.
29 Apr 2016 @ 05:07 by @184.108.40.206 : brilliant! I would like to share this ar
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13 Dec 2016 @ 09:03 by @220.127.116.11 : Nice Post.
Really Nice Post..
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