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2008 Financial Collapse


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Old 03-11-2010, 01:54 PM
montec's Avatar
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Robert Singer
Infowars.com
March 11, 2010
The year is 2010 and to anyone not in denial, the industrialized nations have entered the greatest calamity the world has ever known:
• 35 Million Americans on Food Stamps: 12 Percent of U.S. Population on Food Stamps Highest Since Records Kept in 1969, and that’s before the Obama administration announced a planned three-year budget freeze on government discretionary spending. (My Budget 360)
• 18 Million empty houses in the United States and 39 million Americans who are no longer working or looking for work, and that’s before Federal Reserve finishes rewriting the rules of American “capitalism” as US Housing, the Automobile Industry and the American Dream are dismantled. (The 31-Year-Old in Charge of Dismantling G.M., David E. Sanger)
“There are now well over 150 million Americans who feel stress over these things on a consistent basis. Over 60 percent of Americans now live paycheck to paycheck.” (The Economic Elite vs. People of the USA, David DeGraw)
In an effort to explain our escalating financial crisis, the American Nightmare (an Environmental Dream), the “experts” are under the erroneous impression that the Fed “missed” the warning signs leading up to the October 2008 meltdown.
The pundits are focusing their angst on the 44th POTUS, who might very well go down as the single most inept president in all of American history. (How to Squander the Presidency in One Year, David Michael Green)
Barack Obama is not inept, greedy or stupid and he isn’t one of “us”.
He rose from obscurity to power with his top economics adviser, Zbigniew Brzezinski, the co-founder of David Rockefeller’s Trilateral Commission and he travels in the same circles as other members of the super-secret Skull & Bones Society at Yale University, who pretend to be running for president every four years.
The decision to have Obama preside over the greatest financial calamity since the Great Depression was made five years ago; the November election was a formality. (Why Joseph Biden will be the Next Vice President of the United States)
To believe otherwise, is to ignore the Bradley/Palin effect and the decision by John McCain to wait until his concession speech to shed the image of a nasty “grumpy old man.”
In September 2008, when the Obama campaign seemed to be slumping and their candidate’s long-standing lead in the polls had evaporated, the senator’s supporters openly worried that a potential victory might be slipping away. Then, providence joined the campaign: The failure of the giant investment bank Lehman Brothers followed by a global financial meltdown in the month of October.
“Things do not happen. Things are made to happen.” John F. Kennedy
And, “speaking of change”, the escalation of the war in Afghanistan and Iraq and his policies on Guantanamo, state secrets, renditions, executive power, bailouts and the stimulus packages are for the most part identical to those of George W. Bush.
However, the policies at the Federal Reserve have changed inexplicably, monumentally and historically:
As of October 2008, the men behind the Federal Reserve, all connected to the House of Rothschild, are no longer giving up what’s left of their real wealth so the middle class can live the American Dream, a nightmare for the planet.
Brian Deese, special assistant to president Obama for economic policy, in his first government position, shuffles back and forth from the West Wing to the Treasury Department (Federal Reserve) rewriting the rules of American “capitalism” as he dismantles the US Housing, Automobile Industry and the American Dream. (The 31-Year-Old in Charge of Dismantling G.M., David E. Sanger)
Deese’s First Rule: Withdraw Credit and Liquidity:
Causing spending to fall even further, forcing companies to cut back on inventory and staff – Creating even more unemployment…263,000 jobs eliminated bringing the total to 39 million Americans who are no longer working or looking for work. (The September Employment Rate is 90%)
And that’s before the recently announced “planned three-year budget freeze on government discretionary spending.”




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2008 Financial Collapse
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Old 03-17-2010, 10:26 PM
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It is going to get a lot worse before it gets better. Anyone who things things are getting better has been smoking crack or drinking govt. kool aid.
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