How our rulers
lied to us about the seriousness of the 2008 financial problems in order to steal even more of our money.
"But this calamity of stupidity and negligence has turned out to be a
really big thing in the history of the modern financial era; it was
indeed the Rubicon. By falsely transforming a negligible hit to the
balance sheet of the world’s mega-banks—-most of which were
quasi-socialist institutions in Europe and would have been bailed out by
their governments anyway—-into the alleged collapse of the mighty AIG,
Secretary Paulson, Bernanke and their cabal of Wall Street
henchman opened the door in one fell swoop to the present global
monetary madness."
They won't be happy until they've stolen everything.
"And of course it was not just the Fed running the printing presses red
hot. Owing to both Keynesian ideology and defensive necessity, the other
major central banks of the world followed suit. At the time of the
crisis, the combined balance sheet of the Fed, ECB and BOJ was $3.5
trillion or about 11% of GDP. In short order that number will reach $11
trillion and 30% of the combined GDP of the so-called G-3."
They're stealing across the world.
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