Tuesday, January 19, 2010

Is The Economy Crashing Because Of Intent or Mistake?

The government wants Americans to believe the greatest economic collapse in history was the result of ineptness and mistakes yet still have confidence in their financial institutions.

Should American bankers be let off the hook because they self-declare, before an investigational panel, that the failure of their newly invented risk swaps and other highly leveraged investment schemes was simply due to "mistakes"? Not malfeasance – just every-day mistakes? Bankers just fell asleep at the helm at a critical juncture in American history. Is that what we are being led to believe?

Oh well, it’s just 18 million American homes that now lay empty in the wake of unprecedented foreclosures, and the bankers have collected obscene bonuses for reckless lending of their depositors’ money. It’s like the captain and crew of a ship saying, not to worry, twenty-percent of the passengers were lost overboard, but this was due to unavoidable mistakes, and then being rewarded with bonuses when they reach port.
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Is inflation inevitable? Or is it planned? Will the American public ever imagine the value of their money has long been manipulated just as the price of coffee, bananas, gasoline and gold have been engineered in an unholy alliance between government and bankers and corporate enterprise? Will the American public ever realize their government is working against them, plunder their wealth, in a growing fascist alliance with American corporations? The enemy is not the underpants airplane bomber as we are falsely being led to believe. The enemy is not a towelhead in Afghanistan. The enemy is not China. As Pogo once said, "we have met the enemy, and he is us."
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Global food prices are rising again with the United Nations Food and Agriculture Organisation (FAO) food price index hitting 168 points in November, the fourth consecutive month of increase and the highest since September 2008.
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40 comments:

  1. The enemy is in the Whitehouse and Congress and Wall Street. The enemy in California where I live is in Sacramento. They have no understanding that if you only have a thousand dollars a month of income, you can't spend two thousand a month.

    Will this madness ever end? Look for Mad Max to return...

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  2. One more vote for INTENT!

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  3. Look at the history:

    - Changed bankruptcy laws for these times
    - NAFTA, GATT, etc...
    - Started IRA / 401K that lock you in
    - much more

    The likely prove INTENT

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  4. I knew there was a crash coming when Bush changed the bankruptcy law in 2005.

    Intent or at least foreknowledge that they lied about.

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  5. 3:17 gets it. You should run for office.

    Despite what we say, no one can be as stupid as our politicians (though I've met several and they aren't the brightest bulbs in the pack). Still, it's intent. If you look back at Bernanke, he wrote a book on depressions and how the government can't spend their way out of them. Look at what he's doing now! It's intent.

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  6. You guys have to realize that your country being 5% of the planet population consumes 50% of the recourses. Can it continue like that? No. So the gang that thinks that all the recourses belong to them want to stop it. That's why you have the crisis. So, what methods are used to flush your country down the toilet? To run budget deficit as high as possible – for that war is a perfect tool. What else do they achieve with the war. Usually, the most patriotic and active country loving people go in the army to defend it, even though the enemy is within, but they do not get it. The idea is to exterminate the most brave and patriotic people. They'll come back either in body bags or totally demoralized. This way the chance of public to stand up to the elite goes down. So, the sell outs in Congress with the exception of Ron Paul, either lie to you or do not understand what is going on. Neither is good for the country. But do not feel deceived. It is going on everywhere, in Europe too. The only difference is that the French go to protest on the streets, you guys sit and watch American Idol. But the vote goes to INTENT.

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  7. Another vote for INTENT. Intent on destroying the Constitution, America, Canada, Europe everywhere to usher in their NWO... Screw'em all!

    Jackson

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  8. You still don't get it, do you? It isnt a matter of simple mistake OR intent. It is a slew of mistakes, it is the carelessness of leaders, it is the every-man for himself mentality, it's greed, corruption, consumerism, wars for empire, and the life of luxury for the lucky few driving their gas guzzlers, charging up credit cards buying McMansions and Widescreens, and more. To say it all comes down to the intent of a few people to crash the economy only is irresponsible and misinformed.

    Try again.

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  9. 8:40 its no slew of mistakes, are you for real? Things happen for a reason. The intention was for the slaves to ring up credit then the elite has control when we can't pay it back. Now lower the rates and do it again..

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  10. Hmm, are YOU for real? Not everything happens because of a conspiracy.

    Yeah yeah yeah, I have heard that logic many times before. EVERYTHING is a trap for the people to fall into, all created by the ELITE, right? Bullshit.

    Your assessment shows you have little understanding of the economnic realities at work, nor the larger global socio-economic dynamics. You just can't see beyond the screen of your conspiracy dogma as to what's going on. Yeah, there are a lot of robber barrens and corporate fascist scum. But it isn't all evidence of what you claim.

    I know the reason why the majority of the sentiment is in favor of this kind of thinking is because the blogger posts his link to BigFoot sights and Alex Jones pages, but seriously, some of you are religious followers (sheep?) to the max.

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  11. The American way of life is unsustainable. It's as simple as that.

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  12. 9:05 if you only knew who posts here. There is a reason why anon. postings are included in this blog. This is no conspiracy and YOU do not understand how economic reality works, even though you THINK you do. You think the "elite" don't google The Coming Depression to see what the slaves think?

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  13. Lol, I take it that Henry Kissinger is among the illustrious list who supposedly post here. You have no clue as to what *I know*. Stop being a dork. You are operating under the slve mentality yourself. the slave to unreason.

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  14. I'm glad posting anonymous is allowed otherwise everyone would know what evil elites posted here and no one else would post!

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  15. @9:20 pm
    You are right man.
    @9:05 pm
    Give me at least one reasonable explanation why you would give YOUR money to some illegal guy from Mexico to "buy" a house without knowing for sure if he can return you the money? Once you figure out this simple question, the rest is going to be very simple. Until then you are going to repeat like a parrot-conspiracy, conspiracy, conspiracy!

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  16. 9:28 you are a simpleton, the kind our government loves. Go read USA today then read the comments. You would not fit in, they are smarter than you.

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  17. INTENT

    Derivatives where not invented recently.

    Go and read about the depression in 1894 before the 'first great depression'. It was worse than the first great depression. It was very bad and it was caused by wild real estate speculation as well. They also engaged in a lot of back room betting through something called 'derivatives' back then and it didn't end well.

    See, I've told you before that the Bankers absolutely know how this all works and what the effects will be. All of this is intentional and by design. It's part of a greater plan to remove America from hegemony and delegate America to second or third world status. Notice that this coincidences at a time when the EU and the UN are gaining a bigger governmental foothold in the world, as planned.

    It's all very transparent. Yes, it is a conspiracy. A conspiracy against America and you and I.

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  18. Speaking of parrots, why dont you guys listen to yourselves for god's sakes? Your only argument is "go read USA Today" if you see something you disagree with. You are walking zombies with the lights turned out upstairs.

    Look, I have been following the direction of the economy far longer than you and most of the people here. I knew back in the 2000-2003 gold was going to go up in price (it trippled and then some from that point). I knew housing was a bubble that was building up. I knew the floor would eventually fall out and it did. Don't tell me I am ignorant for YOU are the ignorant one. You are the one jumping on the bandwagon attempting to discuss that which you barely even understand, johnny come lately who has read a few articles and subscribes to the latest conspiracy journal about the REAL KING KONG. I mean you chime in and talk about the Banksters or the Elite, but that is all your little brain understands. Well of course it is the bankers and more - the CIA, the Pentagon, the trained assassins we pay to kill in South America, and on and on. You only say that the elite controls everyone and everything because you simply dont understand WHAT is controlled or what goes on. Its a big word that helps you understand everything, like a 3 year olds building block used to make a flawed building.

    WTF giving money to an illegal to buy a house with has to do with anything I don't know. My advice is to actually read some good material ou tthere about bubbles, the economy, collapse, war, and the history of who they were waged for. Dont be afraid to dive into the water. Nothing will bite you, I promise. good luck.

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  19. not according to the simpleton at 9:28, he thinks things will be alright and the gubberment debt is really 12,000 not 12 trillion. They did that by mistake of course. They made a mistake. Dumb putz.

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  20. Paranoia is the sign of a guarded and closed mind.

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  21. Eh? that was me and I dont think anything is going to be all okay. "The government is 12k not 12 trillion"? Why dont you try making sense: the globe is sunk by derivatives, but that aint the only problem, Jefferson. When the oil problem splashes down, and cities are lacking in things like food and water, it sure will make the mall closings look cool (which they are).

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  22. 700+ Fema camps pre-built and ready to house Americans. Their new constructions and/or refurbishments were ramped up in 2000-2001. The last act of Congress in 2006 was for 40 million to restore the camps used to intern the Japanese in 1944 for 'historical reasons.'

    Camps are real folks. Do you think before the Japanese were taken away to the camps that the construction of internment camps were public knowledge?

    The government has known what is coming for a long time because they are plotting it.

    Although any American can find these camps, and there is video evidence of same all over YouTube, the sheeple cannot accept that they have a government prepping so much to contain unruly depression-era protestors and undesirables.

    INTENT.

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  23. Obama is a banker puppet and a stooge. Bought and paid for by Goldman Sachs. Not working for you, but for corporate interests and foreign elite families.

    INTENT.

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  24. 10:31 oh yes the debt is 12 trillion dollars worth of derivatives. WOW. Thats one smart fellow, after all since 2000 he has been studying the economy..TOO FUNNY.

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  25. The USA is a giant Corporation for profit. Same morals of a corporation. Same motivations.

    Corporations don't float along with the tide. They plan every strategy months or years in advance.

    The owners of the Federal Reserve who are in actuality are our owners are not fools. They cause and control every boom time and crash. Since they cause and plot them, they of course profit greatly from the ups and downs.

    Having control of the issuance of our money, they control it all.

    INTENT. Anyone who believes otherwise please get a Sharpie black felt pen and write LEMMING on your forehead so us better informed people won't waste time trying to convince you otherwise.

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  26. Everybody Print MoneyJanuary 20, 2010 at 1:44 AM

    This comment has been removed by a blog administrator.

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  27. @9:05 pm
    May be this will help you to understand that there is no cospiracy here-plain financial fraud.
    http://www.youtube.com/watch?v=ffE768Fr02k&feature=player_embedded#

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  28. 10;50 you are mistaken, nobody gives 50 billion to Israel through fraudulent means and GETS AWAY WITH IT. ..unless....Its called PLANNED. If I gave you $1000, is that planned or a fraud?

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  29. It is time for a revolution.

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  30. In 1929 when the crash hit the people did not know that it was the Federal Reserve that plotted all of it for their own profits.

    In 2010 it would be nice if people were not so ill informed and naive.

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  31. Free energy?

    I still can't believe people are cheerleading that lost cause.

    There has not been a single instance that a free energy device has been proven feasible (and probably wont be in our lifetime or your childrens). And if there has you would be installing it in your pickup and driving to the store every weekend by now. Ohhhhh, but its being suprressed. Look at all the people that have been killed because of their involvement with free energy. Yeah, right. They cant suppress that kind of technology, even if they wanted to. It would be all over the internet now, plans leaked, and people making them work in their backyards. The military would be all over it and using it to dominate the world. Instead, they are invading small little countries will oil to secure what is still the most powerful energy resource on the planet.

    but of course, when it comes to conspiracies, everything is possible, and reality is that what you BELIEVE it to be. Sorry, nothing personal towards you in particular poster.

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  32. INTENT INTENT! ALL PRAISE THE CULT OF INTENT!

    In the cult of INTENT, thinking is not allowed. All original thought will be negated by ritiualistic adherence to non-thinking, mouth drooling, knuckle dragging herd behavior of the most primitive kind.

    Say it all when you dance around the fire, INTENT!

    (Remember cult members, do not jump in the fire. stay around the perimeter at all times so you do not get burned. INTENT!)

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  33. 1:53AM

    I have a small solar array on my roof. I have a 500 watt wind turbine up there too. The solar array has been producing electric power every day for the past 3 years. All it takes is an 8mph wind to generate charging power from my wind turbine.If it works on a small scale, it will work on a large scale.

    Desert Hot Springs, California, famous for it's natural hot water springs just below the surface, a perfect source for geothermal energy.

    Nanosolar
    www.nanosolar.com
    Thin film solar. Think of something like aluminium foil that can be wrapped around a building or roof top. It works and is in limited production so far.

    The American way of life is sustainable.

    You can't tax the Sun.

    Consider this:
    - There can be no NWO and a United States of America

    - For the Christians, there can be no revived Roman empire (Book of Revelation) and a United States of America, they are mutually exclusive.

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  34. Doom Despair and agony on me --- ooooh

    Deep dark depression excessive misery --- oooh

    If it weren't for bad luck I'd have no luck at all -----ooooh

    Doom despair and agony on me !

    Guaranteed the sun will come up tomorrow and everybody who is reading this will have a full belly

    that is all you need to know ---- for now.

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  35. He is a troll for not having a link to his opinion?

    6:58 yes I do believe that solar and small wind turbines can work on the small scale. We will have to implement them more in the future.

    But, on the large scale there are many stickers along the way. And even if solar and wind were "free energy", which they arent because they have high manufacturing costs and some maintenance costs as well, they would never be able to replace oil and natural gas.

    You see, us Americans are too addicted to our way of life to even imagine scaling back and leading a different lifestyle. We will TAKE what is RIGHTFULLY ours at the cost of many innocent lives along the way.

    Sustainable? Yes, for now, with the blood of disposable humans.

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  36. INTENT 100% - played like a Fiddle by the Federal Reserve robbers.

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  37. Tell us something intelligent other than a casting of your vote.

    Oh, I forgot, that is asking a little too much.

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  38. Let's have 10 more anons telling us "INTENT". It's a good thing you have this comments section, you know.

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