Comments on: The Two Trillion Dollar Black Hole

By: Orgetorix

Orgetorix — Fri, 14 Nov 2008 03:46:58 +0000

Money is Debt.
What else do you need to understand? The “Fractional Reserve System of Monetary Control” is the greatest scam ever perpetrated on any economy in the history of the human race. Run up debt to the breaking point. Suck the rest of the psychological value out of the fiat currency you created out of thin air. Crash the markets, walk back in with real assets and buy up whats left at a fraction of the original value. As with any scam “it’s all done with smoke and mirrors.”

By: zionists are flashy supremacists

zionists are flashy supremacists — Thu, 13 Nov 2008 23:48:27 +0000

Just ask Barney Frank, this is chickenfeed and zionism is dead meat without the chaotic wake of its left wing flapping against its right wing knocking everyone else flat.

He comes quick. (flap flap …. bawk ba-cawk ba-caw)

There!

By: Ryan

Ryan — Thu, 13 Nov 2008 22:42:13 +0000

“The primary reason why the individual citizens of a country create a political structure is a subconscious wish or desire to perpetuate their own dependency relationship of childhood. Simply put, they want a human god to eliminate all risk from their life, pat them on the head, kiss their bruises, put a chicken on every dinner table, clothe their bodies, tuck them into bed at night, and tell them that everything will be alright when they wake up in the morning.

This public demand is incredible, so the human god, the politician, meets incredibility with incredibility by promising the world and delivering nothing. So who is the bigger liar? the public? or the “godfather”?

This public behavior is surrender born of fear, laziness, and expediency. It is the basis of the welfare state as a strategic weapon, useful against a disgusting public.” -From “Silent Weapons for Quiet Wars”

By: Seer

Seer — Thu, 13 Nov 2008 19:06:35 +0000

Credit Default Swap Scam 101

Players:
(A)CDS-issuing “Insurance” Company
(B)Buyers of “Insurance”
(C)Some Event
(D)Taxpayers
(E)”Insurance” Company CEOs

(B)Buyers pay $10 billion in premiums and gets $100 billion from (A)CDS-issuing “Insurance” Company if (C)Some Event happens. Amazingly, (C)Some Event happens. (A)CDS-issuing “Insurance” Company goes bust because it can’t pay out all its CDS “Insurance” obligations. (B)Buyers of now lucrative “Insurance” contract wants to get paid. Cries to DC. DC makes the (D)Taxpayers take over the obligations of these lucrative contracts. THERE IS NO ASSET. THERE IS ONLY PAYING THE INSURANCE CONTRACT. (D)Taxpayers gets NOTHING and pays out the nose to (B)Buyers of now lucrative “Insurance” contract. The original $10 billion premiums are gone as they have already paid for the (E)”Insurance” Company CEO’s salaries and lavish lifestyles.

That is the SCAM.

Wall Street and DC are FORCING (D)Taxpayers to pay for BETS(No underlying assets) that they don’t want to pay up on. Yes, you, (D)Taxpayers, minding your own business, are being FORCED(try not paying your taxes and you’ll see what force comes along) to pay for the SCAM of rich Wall Street and DC.

Why use quote around “Insurance?” Because the financal services industry got around having these considered insurance products so they didn’t need to be regulated and have proper reserves in case of problems.

(E)”Insurance” Company CEO’s money: safe in Swiss banks.
(B)Buyers of “Insurance” money and payouts: safely increasing in Swiss banks.
(D)Taxpayers’ money: pouring out every window to the rich.