- uploaded: Jan 25, 2012
- Hits: 252
It seems "We The Sheeple" have been asleep for the last 60 years in America. We went to bed soon after WWII and woke up in a land that we do not recognize. We are financially and morally bankrupt, engaged in senseless wars around the world, invading the privacy our citizens, completely shredding our US Constitution and all the while sucking the last bit of Liberty from once free AMERICAN CITIZENS. We have totally forgotten who we are.
Just watch this cartoon from 1948.
For close to 100 years the United States of America has been at war with a group of bankers and power brokers who's goal it was to take over all aspects of our lives. In doing so they would be able to steer us in whatever direction they thought would most benefit their own self serving goals. One of their major drivers was their determination that with a rapidly growing population the natural resources of the world would eventually run out and we would all have to suffer. If they were to decrease the population they could prolong the natural limitations on human consumption and create a smaller human population that would be much more manageable and easier to control.
In order to implement this "master plan" it would take the buy-in of many facets of our society including businesses, the media, other governments around the world, the military, the education system, the health and human services systems and many others. They mainly used power and influence (Plan A) to convert people towards their cause but at other times they relied on threats and force (Plan B). For those who resisted, the common response was..."If you resist our most generous offer we will destroy you and yours." For most people that was enough for them to turn to the Dark Side. As for those who continued to resist, such as JFK, there was murder and cover-up (Plan C).
After 911 a very secretive group of people which I call "The Good Guys" decided that enough was enough. Together with many nations around the world, the Good Guys are in the process of destroying those that have ruled us for so long. The means of their destruction was to give the Bad Guys enough financial leeway and avenues for them to destroy themselves.
So for the past 30 years the Bad Guys have been using and abusing the financial system for their own benefit at a reckless and furious pace never realizing that they were sowing the seeds of their own destruction. Hundreds of trillions of pseudo financial instruments were created called "derivatives" that really have no intrinsic value at all. They are merely "side bets" on tangible assets that are multiplied by the trillions and counted as "assets" on the banks balance sheets (as well as off their balance sheets in "Special Purpose Entities").
Given the leveraged nature of our financial banking system, some of the "safer derivatives" were used as Tier 1 capital on the balance sheets. Having more Tier 1 capital allowed banks to create even more fractional money to invest in even more derivatives slicing off what they deemed as the safest portion to count as more Tier 1 capital. Round and round it went until the dollar volumes got completely out of hand.
In 2007 the "value" of all these monetary instruments was called into question by the Good Guys and thus the crash began. Banks were imploding left and right as their Tier 1 capital shrank forcing them to sell off toxic assets at an ever increasing pace. This, of course, fueled further price drops as the GREAT DE-LEVERAGE gained momentum.
Finally, the US Treasury and the Federal Reserve Bank pulled out all the stops and flooded the global banking system with enough cash to build a large enough "cash levy" to stop the mighty toxic flow of sludge...but the sludge remains and the levy was not built to last forever.