Home > Global Elites Gone Bonkers
Ever heard of the wolf in sheep clothing? Bill Gross, manager of the world’s largest bond mutual fund, sums it up like this: it is ’Frankensteinian’ levered body of shadow banks promoting a chain letter, pyramid scheme of leverage’ in his January newsletter...
The Transparency Black Hole And The bailout Game_
Last January the Davos elites (’they’) gathered again to discuss the possible options as the world economy and the fabric of societies deteriorates to a point of no return. The disease can easily be identified and is named extraordinary leverage. Amid the institutionalized meltdown, it would be useful to mention this very ’Obama bill’ whose purpose is to alleviate global poverty and amounts to $845 billion. Additionally, he’s eying a $120 Billion Stimulus Plan while No joke! Where is Barak Obama going to find the money considering that every household in America owes $400,000 to the Treasury (grand total, future liabilities included) according the former GAO chief, Paul Walker? What happens when consumers stop consuming?...
LONG/MORE - many hyperlinks
http://www.moneyfiles.org/sbk09.html
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Forum posts
19 March 2008, 10:59, by rxgary
if we are going to have a bailout, and this bailout wont work ,why wouldnt we give amnesty to every us citizen for up to a half million in debt that they can write off, whether it be toward credit card debt or mortgages, or old doctors bill, whatever.
if the idea is to spur the economy, this would be a much more feasible solution than giving rich bankers who have their hedges covered anyway, free taxpayer money. all banking should be nationalized, loans should be given at no interest. any other way is just barbarian. do you really want to be barbarians?? all empires die, this one just much sooner than the other barbaric ones