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Sooo, you’re surprised about Bear Stearns, are you?
As I have written previously, I cautioned my little brother (he’s 85) back in the late eighties to leave his 401K and IRA funds invested in the stock market for a decade, but then to flush them into real estate, gold and other tangibles. My reasoning was that the growing amounts invested in Wall Street by the retirement vehicles large and small was going to reach a critical mass that would attract the attention of the wealth recyclers. Once they became conscious of this concentrated opportunity for robbing the poor and getting rich, we would see them emerging from the Bushes.
My timeframe was a bit off, but the increasing bubbling going on looks like the Robbing Hoods are busy robbing folks traveling the Wall Street through Surewoody Forest to their "Golden Years".
In all fairness, it is hard to see the forest (let alone the Robbing Hoods) for the trees sometimes. Especially if you are lulled into a false sense of law-and-orderliness because of the fake ”Wanted: dead-or-alive” posters tacked up here and there by all the King’s men. That is why I have tried to provide a BIG picture for you with articles such as Jackass Economics and the confidence game series. But you have to be willing to shake off the stultifying faith-based drowsiness induced by the King’s propaganda ministry.
It beggars the imagination that the Bear Stearns collapse is intentional. And maybe it’s not. The Serfs will never know. But if not, it simply means that the Bear was accidentally lured into a trap set by the Mortgage poachers, and is now Bear meat for the Robbing Hood camp (with the connivance of the King’s sheriff of NoddingPork).
Regardless of whether it was accidental or on purpose, guess who is last in line for a helping of Bear stew? YES! Correct! You guessed it! The shareholders of Commoner Stock, the great mass of ignorant unwashed peasants of the retirement enclaves, and the serfs and beggars along the road and outside of the forest get the scraps – if any are left.
But if you think Bear Stearns is an isolated event, think again. This Merry Band is going for the big heist. They want it all, and national bankruptcy will be the bones left when they succeed. And you won’t be able to see the trees for the forest, because they will have merrily clear-cut the forest once they have fleeced the serfs and no longer need it to hide their activities.
Bear Stearns? A mere snack beside the orgy of the Iraq invasion and occupation, financed by borrowing from China and others, to fund huge tax relief for the very wealthy and powerful, and of course Big John Halliburton and Friar Dick Tuck. [Allow me to recommend a comment (#6 on the first page) submitted by adam that addresses this strategy most succinctly: There Is No Such Thing As A War For Free http://www.voiceofarizona.com/Happy_Fifth_Anniversary_Dubywar-5031-2-17278.htm#comments Thank you adam]
Oh, and the repossession of the poor ignorant peasants' hovels once they have been squeezed dry of any means of sustenance by the sheriff’s men.
Oh yes, and the devaluation of the USD to pay off the Iraq war “reparations” to China and others (on the model of the Weimar Republic that led to the Third Reich).
And then there is the resulting INFALTION that you will be pauperizes by as the USD becomes the new peso.
And … But I grow weary. Read Jackass Economics and America, the Goose that Laid the Golden Egg and the Confidence Game series and the Rise and Fall of the American Middle Class series and come to your own conclusion.
____________________________ TOP SECRET MEMO ____________________________
FROM: Panel on World Economic Resurgence (POWER)
TO: Committee of Postwar Security (COPS)
DATE: 1945
SUBJECT: New World Order (NWO)
Problem: The world is exhausted after a decade of economic depression broken only by the horror of a
global war. A new direction must be taken to steer the world away from repeating such a cataclysm.
Analysis: Only a global economy that all people share in equally will reduce the risk of global war.
[See the complete memo contained in Jackass Economics ]
This memo shows the foresight and altruistic good intentions that these leaders had more than half a century ago.
They surely don’t make ‘em like that any more. These were men that had the best interest of America at heart, and who made us succeeding generations proud to be American.
How in the name of the Almighty did we get from those honorable men, adversaries politically but patriotic allies for our nation, who did not put party before America, to these?!?
_____________________________ TOP SECRET MEMO ____________________________
FROM: POWER
TO: COPS
DATE: 2005
SUBJECT: NWO – Phase 2, Revised Plan
Carrot: Mere survival.
Stick: Borrowing on future generation's future's (Home equity bubble, borrowing to live, interest
only mortgages, job loss, loss of bankruptcy protection)
Discussion: We have jammed the Stick up the Average Americans ass about as far as it will go,
and locked it in place with the “wedgy” of a new and punitive bankruptcy law. The Average
American is so addicted to acquiring “stuff” and is so far in debt that he is essentially indentured
to the lending industry.
In addition, the Average American is being squeezed relentlessly to be more productive. …
[See the complete discussion and background in the memo in Jackass Economics]
To see decade-by-decade how we got from those honorable objectives of a half century ago to the unconscionable greedy activates of our elitest leadership of today, study Jackass Economics to gain the perspective to put the seemingly unrelated pieces of the puzzle together and see the big picture.
Note: My lil bro is not really 85.
I just read your jackass economics post. Very interesting thanks for bringing it to my attention.
If only the politicians of today had the values of their predecessors. It is also interesting how the concept N.W.O. was in the planning so long ago.
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