Robbing The Poor ...... To Give To The Rich Who Made Them Poor
ROBBING THE POOR ...
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... TO GIVE TO THE RICH WHO MADE THEM POOR
Hello all ...
It has been a week when financial statements, announcements and debates have been coming from all angles in the United States and Europe - and it's all been irrelevant garbage.
Mainstream economic 'experts' and 'correspondents', most of whom are clueless about how the financial system really works, have pored over speeches by Obama, budget cuts, inflation figures, unemployment figures, interest rates, bailing out Spain, and all the goddam rest, and not one of them has any idea what is actually going on or what the hell they are talking about.
It is the same with the excuses-for-journalists, except for rare exceptions like the excellent Matt Taibbi who wrote a superb article for Rolling Stone magazine exposing the beyond-staggering levels of corruption that are daily life for the banking cartel and the government departments that fawn and cap-touch to the very people they are supposed to be overseeing.
The real story goes like this. The Global Cabal have their agents and advocates in government, the Treasury departments, the so-called financial 'regulation' agencies and, of course, they own the banking and financial system.
So they control all the positions necessary to control the 'game' and make sure they win at the peoples' expense. We are seeing a plan going way back passing through its various stages, step-by-step, while the mainstream media report each step in isolation from all the others.
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Greenspan - chief architect
Throughout the 1980s and 90s and through to the crash in September 2008, the chairmen of the privately-owned (Cabal-owned) Federal Reserve, the 'US' central bank, were Alan Greenspan (Rothschild Zionist) and Bernard Bernanke (Rothschild Zionist), who remains to this day.
Greenspan set about his task through the administrations of Bush-Reagan, Father Bush, Bill Clinton and Boy Bush to delete the checks and balances, otherwise known as 'regulation', which firewalled the system to some extent from the worst consequences of unrestrained greed and corruption running riot.
He was supported in this by all those presidents and 'their' choices for Treasury Secretary, not least Larry Summers (Rothschild Zionist) and Robert Rubin (Rothschild Zionist) who held the post during Bill Clinton's reign and deregulated at every opportunity in league with Greenspan. The script was unfolding with its inevitable and disastrous outcome.
It was the same story with a Rubin protégé called Timothy Geithner (Rothschild Zionist) who joined the deregulation frenzy when he became president of the Federal Reserve Bank of New York, the most influential in the Fed's private network. Obama later chose the same Geithner and Summers to 'solve the banking crisis' they had done so much to cause
(please log in to view the image) Geithner and Summers.
'You just dropped a billion, Larry.'
'Loose change, Timothy, loose change.'
At the same time, with the ring fences pretty much gone in the financial industry, the salivating smart suits were unleashed with a bonus for every mortgage and other deal they got someone to sign up to. The 'client' did not need to have the money necessary - they just needed to sign for the bonus tills to ching.
'You wanna house, but got no money? No problem, sign here.' Ching, ching.
The banks then sold off many of these debts, which they knew were bound to default, but gave them a triple-A rating, in other words they said it was a couldn't-fail investment. This is a blatant fraud, but these heartless, soulless purveyors of greed and mendacity have not seen the inside of a courtroom, let alone a jail cell. Instead, they have walked away with billions personally and trillions collectively - and we pick up the tab.
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Much of this toxic debt was sold was to pension funds looking after the investments and retirement pensions of the 'little people', or the unwashed masses as these parasites see them. They knew what they were doing, but they don't give a damn.
Only one man has been jailed in the wake of the 2008 crash and that was Bernie Madoff (Rothschild Zionist) who stole billions in a Ponzi scheme which, as he said himself, the banks he worked with must have known all about.
The reason he was jailed, as one commentator rightly said this week, is that he made the mistake of stealing from the rich. Do it to the poor and middle class and you don't go to jail - you get an enormous bonus.
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Dick Fuld (Rothschild Zionist), the Chairman and Chief Executive Officer of Lehman Brothers at the time of its collapse, walked away with half a billion dollars, and others who were fundamentally responsible for the banking crisis picked up hundreds of millions in 'compensation' while their victims lost their homes and their pensions.
None of them faced charges for their blatant corruption because the banks have their people in the key positions in the government's financial law and investigation departments and many of these government 'regulators' end up working later for the very banks they decided not to prosecute.
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The crash of 2008 was planned for decades to be the most fundamental transfer of wealth from poor to rich in known human history with the debts of the rich going the other way to the masses.
They did this by having their placemen in government decide that the only way to respond to the engineered crisis was to have the taxpayers bailout the banks and take responsibility for their debts.
Who was US Treasury Secretary in the last months of Boy Bush who said the banks must be bailed out? Henry 'Hank' Paulson, who was, until two years earlier, the CEO of Goldman Sachs, a major beneficiary of Paulson's bailout.
Who was US Treasury Secretary and Director of the White House National Economic Council after Obama came in and the banks were 'bailed out' even more? Timothy Geithner and Larry Summers, two of the architects of the crash.
It was 'taxi for Mr Greenspan' when the Fed chairman knew that the consequences of his actions over decades were getting close and in came his gofer-to-this-day, Bernard Bernanke, to team up with Paulson and then Geithner and Summers to impose the solution to Greenspan's manufactured problem.
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This 'solution' was to hand trillions to the banking and financial system and others through what they called the Troubled Asset Relief Program (TARP). There was no accountability with regards to where it went and in what amounts.
But now, at last, the Federal Reserve has been forced to open its books and answer the question that it has steadfastly and arrogantly refused to reveal - where did the bailout money go?
Already it is clear that these fantastic sums of taxpayer money did not even go only to American banks and institutions. As Matt Taibbi wrote in his Rolling Stone article:
'The Fed sent billions in bailout aid to banks in places like Mexico, Bahrain and Bavaria, billions more to a spate of Japanese car companies, more than $2 trillion in loans each to Citigroup and Morgan Stanley, and billions more to a string of lesser millionaires and billionaires with Cayman Islands addresses. "Our jaws are literally dropping as we're reading this," says Warren Gunnels, an aide to Sen. Bernie Sanders of Vermont. "Every one of these transactions is outrageous"...
... thanks to a whole galaxy of obscure, acronym-laden bailout programs, it eventually rivaled the "official" budget in size - a huge roaring river of cash flowing out of the Federal Reserve to destinations neither chosen by the president nor reviewed by Congress, but instead handed out by fiat by unelected Fed officials using a seemingly nonsensical and apparently unknowable methodology.'
As Taibbi says, it is like 'someone sat down and made a list of every individual on earth who actually did not need emergency financial assistance from the United States government, and then handed them the keys to the public treasure'.
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This included $35 billion in Fed loans to the Arab Banking Corporation of Bahrain at interest rates as low as a quarter of one per cent - and 59 percent of that bank is owned by Colonel Gaddafi's Central Bank of Libya.
What's more, the American government is borrowing money back from the Middle East at interest rates of three per cent. This is insane on first hearing, but not, as I have been saying for all these years, that the plan is to bankrupt America and bring it under the control of a world government and central bank.
Taibbi highlights one 'bailout' in particular in which a company called Waterfall TALF Opportunity was given nine low-interest 'loans' totalling nearly a quarter of a billion dollars. This was very good news for two of its main investors, Christy Mack and Susan Karches.
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"How about this? Shut your mouth...Or I'll kick your teeth down your throat and shut it for you."
Christy Mack just happens to be the wife of John Mack, the chairman of Morgan Stanley, who earned $1,235,097 in 'crash year' 2008 while Morgan Stanley received billions in bailout money.
The Macks' close friend, Susan Karches, is the widow of Peter Karches, one-time president of Morgan Stanley's investment-banking division and the low interest rates ensured a good profit from the 'gift', most of which they used to purchase student loans and commercial mortgages.
What did any of this have to do with 'saving the economy'? Nothing, and the same with most of the rest. It was just pouring taxpayer 'money' (now debt) into the pig trough in which they and their friends permanently reside.
Government loans' were not only given with next-to-no interest - the receivers didn't even need to pay the money back. They gave the taxpayers, via the Fed, their toxic assets as 'collateral', yes collateral, to be kept if the 'loan' was not repaid.
But, hey, it gets crazier. 'Emergency' loans made by the Federal Reserve at virtually nil interest were then used to lend back to the government at higher interest rates through buying government bonds.
(please log in to view the image) I know, mate, but it's true.
It was all a scam to ensure an incredible transfer of wealth from government ('the people') to some of the world's richest bankers and others (ultimately the Rothschild network).
As Taibbi colourfully puts it: '... the federal aid they received actually falls under a broader category of bailout initiatives, designed and perfected by Federal Reserve chief Ben Bernanke and Treasury Secretary Timothy Geithner, called "giving already stinking rich people gobs of money for no ****ing reason at all."'
Or, in the words of Barry Ritholtz, author of Bailout Nation: [It was] ... free money for shit. It turned into “Give us your crap that you can't get rid of otherwise."'
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Geithner and Bernanke.
'The economy is standing on the edge of a cliff with its hands like this, Bernie.'
'Mmmm, good, Timothy, everything going according to plan, then.'
I said at the time of the crash in 2008 that the plan was three-fold: (a) crash the economy; (b) have governments (the people) throw vast amounts of money at the banks until the coffers were exhausted; (c) crash the economy again at a time when governments have no means to respond and then have the bankers and financial crooks step forward as the saviours to offer the solution - their solution.
This, I said and wrote then, would be a total restructuring of the global financial order based on a world central bank, eventually a single electronic currency, and the control of global finance in fewer hands than ever before.
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Fast forward two and a half years to this week and the conference at Bretton Woods in New Hampshire hosted by the deeply corrupt and heartless Rothschild front man, the billionaire financier, George Soros (Rothschild Zionist).
The location was chosen because it was at Bretton Woods in July 1944 that the allied countries in World War Two gathered to agree a new economic order (one of the endless Problem-Reaction-Solutions made possible by that engineered conflict).
It led to the creation of the Rothschild-controlled International Monetary Fund (IMF) and the International Bank for Reconstruction and Development, now part of the World Bank. This week's conference, at the same Mount Washington Hotel, did not have the power to agree a new economic order, but that was not its aim. It was another high-profile stepping stone on the road to that end.
(please log in to view the image) The Mount Washington Hotel
The conference was hosted by George Soros and his Institute for New Economic Thinking (we want a world central bank and single world currency) and the Centre for International Governance Innovation (we want a world government), a 'think tank' established by Canadian billionaire, Jim Balsillie.
The big sell is now on to massively centralise world governance and finance and this was the latest throw of the sales-pitch by the billionaires to the 'little people', which include most of the here-today-gone-tomorrow politicians.
How apt it was that among the attendees and speakers was Larry Summers offering his solution to the problems he has done so much to create. The same with former British Prime Minister, Gordon Brown, a student and follower of Alan Greenspan, who mirrored his deregulation with the same disastrous consequences in his years as the UK's Chancellor of the Exchequer.
These people should not be let loose on a piggy bank, but here they are in their arrogance telling us how to sort out the mess they created.
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The system has always been rigged, but now more than ever before - and growing by the hour. Our world, our lives and those of our children and grandchildren, are being hijacked before our very eyes.
Americans are suffering terrible consequences from what I have just described with large numbers losing their homes, living rough or in the ever-emerging tent cities, and, according to a USA Today report this week, only around 45 per cent of Americans have a job.
At a time when payments to the poor and vulnerable are being slashed and the tax-burden ever increased, the United States is spending, when all the hidden costs are added in, something like a trillion dollars a year on the military. If it reduced its military budget by 85 per cent it would still be spending more than any other country on the planet to oppress and kill people.
But it is not only America. The same squeezing of the population is happening worldwide, not least in Europe.
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The fraudulent bailout of the banks has left most European countries in desperate financial straits. Look at Ireland. Its people are going to be swamped with incredible levels of debt for generations and why? Because they won't work? Because of their own self-induced debt?
No, because their Cabal-controlled government handed so much to the banks that it went bankrupt and has had to borrow astonishing amounts of money from the Rothschild -created-and-controlled European Union, the European Central Bank, headed by Jean-Claude Trichet (Rothschild Zionist) and the IMF, headed by Dominique Strauss-Kahn (Rothschild Zionist). Greece, Portugal, Spain and others are also in desperate trouble.
So this is the sequence of events that we are seeing play out and it will continue for as long as humanity stays on its knees:
1. Crash the global economy in 2008.
2. Have the people, via governments, hand shocking amounts of money to the Rothschild-controlled banking and financial system.
3. Enforce devastating austerity programmes on the very people who bailed out the banks in the name of 'saving the economy' which has been destroyed by the same banks and the bailouts.
4. As countries become bankrupt, make them take on massive levels of new debt to the Rothschild-created international banking system, like the European Central Bank and the IMF, which, in effect, then own those countries.
5. Crash the economy again and step forward as the saviour by proposing a new globally-centralised world economic order.
The system is rigged from top to bottom, but many still can't see the plainly bloody obvious. I read this on a website as I was researching this article. It was a discussion about the inequality and unfairness of the economic system. One poster wrote:
'This society is very fair. The rich first generation [parents] did not come out of the mountains and become people with money. Every rich person thinks of their next generation, this is normal. I too am a poor person, but I am willing to go create opportunities, because to become a rich person requires thinking of a plan ... Don't have this attitude towards society. As long as the first generation's money came cleanly, it should be fine.'
Laugh or cry? Difficult choice. And a few people can't control the world? A plan? Easy. To become rich just steal money from lots of poor people.
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In the week when we gather yet more confirmation of the scale of corruption and criminality that shattered much of the world economy while the perpetrators walked away free as a bird, it was a telling contrast to see the horrific story of the Oklahoma mother of small children who has been jailed for ten years after selling marijuana worth just $31 to an undercover policeman who set her up. She has already served more than a year of what is, in total, a 12 year sentence.
Humanity has long been a slave race in which there is one law for the few and another for all the rest, but, even by human standards, we are moving into extreme levels of mass control, oppression and, yes, sheer slavery. We slave - they steal.
I have been warning about this for so long and it's here. How long will it go on?
For as long as we choose to take it.
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"How about this? Shut your mouth...Or I'll kick your teeth down your throat and shut it for you."
Gender: Male Location: Kicking pigs out of the screen.
Nobody "makes" anybody anything. There are corrupt people out there, rich and poor. Fools and their money are parted, people who stay without money have a hard time hanging on to it. Even if they win the lottery, inherit it, become a sports star/actor etc. People who thought they were sneaky meet their end too sooner or later.
You're really well spoken when you want to be. You did write this, right?
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"The Daemon lied with every breath. It could not help itself but to deceive and dismay, to riddle and ruin. The more we conversed, the closer I drew to one singularly ineluctable fact: I would gain no wisdom here."
It was sarcasm. Whenever he does this I remind him that he should state where the article came from, as it'd be a shame if he got banned for plagiarism.
__________________
"The Daemon lied with every breath. It could not help itself but to deceive and dismay, to riddle and ruin. The more we conversed, the closer I drew to one singularly ineluctable fact: I would gain no wisdom here."
"The Daemon lied with every breath. It could not help itself but to deceive and dismay, to riddle and ruin. The more we conversed, the closer I drew to one singularly ineluctable fact: I would gain no wisdom here."
True, but would it really kill you to just throw a link on there at the end of the article?
__________________
"The Daemon lied with every breath. It could not help itself but to deceive and dismay, to riddle and ruin. The more we conversed, the closer I drew to one singularly ineluctable fact: I would gain no wisdom here."
"The Daemon lied with every breath. It could not help itself but to deceive and dismay, to riddle and ruin. The more we conversed, the closer I drew to one singularly ineluctable fact: I would gain no wisdom here."
I rarely read your David Icke post anymore, bits here and there, but I always do enjoy the pictures he uses. I also can get the jist of what he's saying/ranting about from them. So it's a win-win for me.
"which there is one law for the few and another for all the rest" This tidbit is unfortunately true.
KMC Community Forums
May 8th, 2011 06:05 PM
It's hard to tell on teh internetz.
