Foote Hertz wrote:try this link - many but not all pages of thread are here - use the link to cached page provided at each of the search results : allintitle: "what is a bailout?" site:rigorousintuition.ca/board/
thanks foote, here's page one:
Do you see it now? Its weird that most of us can't see this huh? Its like someone telling you that your mother is really a snake. You grew up with mother. Would you be able to wrap your mind around that if your mother were a snake? Probably not. She would still be mother. The credit yoke that has bound humanity for thousands of years has to be reset from time to time. It is being reset. If they don't reset it, people will escape their bindings. That will not be allowed. All else is theatre for the process. Remember the brightest minds involved in this? What do they say? "We don't understand how this is happening". You're just not allowed to know. But guess what? They are telling you. "this is a credit crisis"
What is credit ya'll? What is it? Its in a crisis. "They" are in a crisis. Why? Humanities main societal control mechanism is in jeopardy of coming unwound. Its really that simple.
pefsified thinker posted in another thread
6 September 2008
A Picture Of The Post-WWII Debt Supercycle
Filed under: Post-WWII Geopolical Regime, End of — Tags: contrary investor, debt, debt supercycle, Levy Institute, robet parenteau — Fabius Maximus @ 12:01 am
Summary: a brief description of the post-WWII debt supercycle, now ending. This describes the problem (posts listed at the end give more detail and links to authoritative studies). What should we do about this? For my recommendation see A solution to our financial crisis (you will probably find it shocking, unfortunately).
For many months we were told this was a subprime crisis. Then the realization slowly dawned that Alt-A loans were also defaulting. OK, they were really just another form of subprime loans. Then prime mortgages started defaulting, so it became a mortgage crisis. Now auto loans are going, followed by credit card loans and real estate construction loans.
As we slide into a recession, more and more loans will go bad. Eventually we the horrible truth will become clear. It was not evil loan salesmen, or devils in the form of GSE executives, or whatever other excuses we invent. We — American households — have taken on more debt than we can support. This is the post-WWII debt supercycle (term coined by Bank Credit Analyst). The time has come for that debt to be reduced, one way or another. Painful or easy, the half-century increase in debt will be followed by a probably much faster decline.
From previous threads.......
vigilant wrote:
Every so often a turf war or a reset happens. The system will hit a point where in order for the noose to be strengthened, retied, or protected from a competing warlord, the people hooded on credit must suffer the consequences while the python gets a better grip.
vigilant wrote:
This system began to become corrupted in 1791 when The First Bank Of The United States was allowed to slither into this country with the help of Alexander Hamilton and George Washington. In 1811 its charter expired but Madison let them change the name to The Second Bank of the United States and continue to slither into the fabric of this nation.
Their purpose was to: according to wiki
Along with establishing a mint and an excise tax, the purpose of Hamilton's proposed bank was to:
Establish financial order, clarity and precedence in and of the newly formed United States.
Establish credit—both in country and overseas—for the new nation.
To resolve the issue of the fiat currency, issued by the Continental Congress immediately prior to and during the United States Revolutionary War—the "Continental".
A nation without credit needs no credit. People do "perfectly" using things of value in their own trading and dealings without credit to screw up the works.
vigilant wrote:
A nation without credit "needs" no ruler.....think the ruler is gonna throw in the towel? Think again....
vigilant wrote:
Complicating the most simple concepts is the blood that keeps con games alive. Keeping us mired down in all the unbelieveably complicated details of the problems, their causes, and potential repairs is the lifeblood of the game. We don't even know we are talking about ways to keep the con alive when we discuss cures for the "current system" as if it deserves to live.
vigilant wrote:
Its not the details and parameters of the current system that need tweaking, because the system is inherently flawed, corrupt, and specifically designed to be a yoke. Discussing more padding and other comfort features for a yoke doesn't free the oxen.
vigilant wrote:
When they mess around and put too many phony slave wage labor credits into the market the economy has to be reset due to their greed. They will tell you its because everything will come crashing down if it isn't done, but the damn truth is that they would lose control of their slaves they have hooked on their thin air money.
vigilant wrote:
I sincerely doubt they will go away. We are along for the ride, we are certain to find out..........a little at a time. Well some of us are anyway. Most people will never know from whence the pain comes. It will be what their tormentors tell them it is, and nothing more.
If someone that "cared" how it fell apart was at the helm, and the losses could be directed exactly to the people that deserve it, it would be a spectacle we would never forget, and it would result in people all over the world walking away with stuff that would be suddenly "paid for" and their debt would be erased. As it was erased, money would be running off these peoples books so fast their corpses would be piled high from suicides.
Minm wrote:
You know where that very important $700-billion figure came from?
Here's a quote from that Forbes story:
"It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."
They made it up to be sufficiently ginormous to frighten everyone into rapid action.
And it worked.
vigilant wrote:
What is it that you hear in the news? What is the crisis? Hell they are telling us exactly what the crisis is but we are too desensitized to understand what the hell they mean. We don't know what credit is, and we don't know what money is. Until people learn what credit "does" and what money "does" instead of what they tell you it is, nothing will ever change. Redefining the meanings and terms of things is an art they practice.
Money is bait, and credit is the shackles.
vigilant wrote:
Listen to the howling of the wind, what does it say? What does it screech? How desperate its is sound? Very damn desperate isn't it? It knows it has its grip around one of the prizes of the world, and it wants to suck it into its belly so it can lay back in the sun and bask in its own perceived glory. This is the beast, look into its eyes...There is only one goal here, and that is to snare a nation with so much debt, that it never ever escapes. When debt is large, and the interest on that debt has to be paid with more borrowed money, whatever is captured by this process is forever more a slave to the lender. It doesn't matter if you can't pay the debt because the lender loses nothing because it only loaned you thin air. The lender lost your "labor" because you escaped your bondage and got away. Its really that simple. People have to throw out their definitions of money and credit to understand what is happening. Money isn't what you think it is, and neither is credit.
vigilant wrote:
What is the urgency and goal here? Is the goal to protect a peoples way of life? You better damn believe it is, but it isn't the people you are hearing about. Its isn't us. The peoples lifestyles that are being protected are the lives of the money changers. This is about roping an entire nation with debt so big, and in a "very particular way", that it absolutely suck the blood out of it for the next several thousand years to perpetuate the cycle humanity has to endure. Once credit sinks in deep enough, and the interest has to continue to be paid with more borrowed money, there is no escape. The python has you in its grip forever more. The people at the top of the chain don't give a damn about money. They give a damn about the labor it controls. This is the King of the Hill tightening his grip on the labor market. These players running around in the streets in the financial sector that are howling about their potential demises are the foot soldiers that peddle drugs called credit for the King.
vigilant wrote:
Read revelations in the Bible. I'm damn sure not a fundie Christian or anything even close, but the Bible is absolutely "chock full" of references as to "who" Satan and the evil bastards of this world are. Know what one of the meanings of 666 being the "number of a man" is? This shit has been going on for thousands of years. Same families change their names to hide their identity, and they lie about their backgrounds and ethnicities to make themselves appear to be something they are not. People that speak the truth get their damn brains kicked out by the craftily made defenses of the slave owners ready defenders.
vigilant wrote:
They keep saying what? What do you hear? I didn't ask what you believe, what do you hear? You hear, "the credit crisis". This is nothing more than a credit crisis and its nothing more. Without a perpetual stream of credit flowing into the market to keep people in debt, the power of these people collapses like a damn house of cards in a huge way. What would happen? All your property and "stuff" is tied to what? Their fantasy dollars and slave wage labor credits that don't even exist. So what happens when the fantasy dollars have to be written out of the system? If this was a just world then THEY WOULD JUST SIMPLY LOSE CONTROL OF YOUR STUFF, AND THEREFORE LOSE CONTROL OF YOU
vigilant wrote:
Now having said that, of course certainly our lives will suffer some too if credit suddenly became unavailable because we grew up on it and we don't know any other way to live. There would be some problems for a while. But ultimately what would happen? Prices for things would plummet thats what. All this funny money wouldn't be flowing into our lives in increasing amounts. Less money in the system makes money worth a hell of a lot more.
vigilant wrote:
The founders of this country worked their ass off to try and protect us from what is happening on this very date today. This is the culmination of 200 + years of the money changers desperately and patiently trying to take control legally of this country. The founding fathers tried to shield us from the money changers/credit mongers/life blood suckers of society but it was invevitable that it would eventually happen because credit and money slips into society like fog in the night, binds itself around a society like a python. When its wound in, the society can be squeezed and milked for its labor like a milk cow. We are trained to obey the law right? Lawyers were forbidden to be politicians because of this shit. They stole the 13th amendment from us though. They hid it from us. Now that they have this legally on the books, and will have us in debt shortly to a degree that will never get paid, this society will grow up believing that not obeying these assholes is actually a bad thing.
vigilant wrote:
Listen to the howling of the wind, what does it say? What does it screech? How desperate its is sound? Very damn desperate isn't it? It knows it has its grip around one of the prizes of the world, and it wants to suck it into its belly so it can lay back in the sun and bask in its own perceived glory. This is the beast, look into its eyes...
http://www.bloomberg.com/apps/news?pid= ... refer=home
Lawmakers Say They Have Breakthrough on Rescue Plan (Update2)
Edited for clarity...
Sept. 28 (Bloomberg) -- Lawmakers said they reached a tentative agreement on a $700 billion plan to revive the credit markets by authorizing the government to buy troubled assets from financial institutions.
Chain Gang Coordinators said they reached a tentative agreement on a $700 billion plan to revive the enslavement tool markets by authorizing the slave management bureau to buy troubled wage slaves from human labor brokers.
``We've made great progress,'' House Speaker Nancy Pelosi told reporters early today after a day of negotiations at the Capitol over the administration's bailout proposal. ``We have to commit it to paper so we can formally agree.''
``We've ripped of a lot of loot and labor,'' Bureau Warden Nancy Pelosi told illusion regurtitators early today after a day of dog and pony shows at the Slave Management Headquarters over the administration's new incarceration proposal. ``We have to tighten the slave's bindings so we can formally stop pretending to disagree, as its too much like work, and we hate work.''
``We've made great progress toward a deal which will work and be effective'' in the marketplace, Treasury Secretary Henry Paulson said. More work needs to be done to finalize it, ``but I think we're there.''
``We've created a vast illusion which will disempower slaves and be permanent'' in the marketplace, Loot Locker Manipulator Henry Paulson said. More freedoms need to be eliminated to finalize it, ``but I think we've taken or manipulated every nickel they own for the next five centuries.''
Senator Kent Conrad, a North Dakota Democrat who chairs the Budget Committee, said $250 billion would be immediately available and another $100 billion could be used when requested by the president for debt purchases. Congress could bar the expenditure of the remaining $350 billion only by passing a resolution to block it from being spent.
Chain Gang Supervisor Kent Conrad, the North Dakota Simulated Slave Advocate who chairs the budget committee said $250 billion would be immediately ripped off and another $100 billion could be ripped off when requested by the president for shackle and chain purchases. Field Bosses could delay the joy of ripping off the remaining $350 billion only by faking an effort to protect it from being ripped off from the slaves.
Senate Majority Leader Harry Reid said an announcement would come tomorrow after details are worked out. ``This evening has been extremely difficult,'' he said. The lawmakers provided no details of this morning's accord.
Chain Gang Majority Leader Harry Reid said a magic show would come tomorrow after illusions are perfected. ``Dudes this party has been extremely lewd and rightheous ,'' he said. The field bosses provided no details of this mornings debauchery.
Paulson's plan would authorize the Treasury to begin purchasing distressed debt securities from financial companies affected by the record number of home foreclosures.
Paulson's plan would authorize the Loot Locker to begin purchasing nonfunctional shackles and chains from human labor capture outlets affected by the record number of slave housing seizures.
Reid said earlier today that he wanted an agreement to reassure investors before Asian financial markets open late tomorrow.
Reid said earlier today that he wanted a method to dupe suckers and prospective slaves before Asian slave trade markets open late tomorrow.
Paulson and Federal Reserve Chairman Ben Bernanke said the rescue plan was necessary to revive lending and restore the flow of credit to the U.S. economy. President George W. Bush warned today that legislative action was necessary to avoid a ``deep and painful recession.''
Paulson and Mass Loot Repository Manipulator Ben Bernanke said the pain infliction plan was necessary to revive slave baiting and restore the flow of shackles and chains to the U.S. labor capture arena. Head Ilusionist George W. Bush spun the illusion today that ridiculous malfeasance was necessary to avoid ``deep and painful shackle bruises.''
Lawmakers had resisted giving Paulson unrestricted power to buy the debt and sought controls to assuage angry constituents who bombarded congressional offices with e-mails and phone calls.
Chain Gang designers pretended to resist giving Paulson unrestricted power to replace the malfunctioning shackles and chains and sought controls to assuage angry slave labor victims who bombarded looters and pillagers with e-mails and phone calls.
`Don't Want' Bailout
Voters ``don't want a bailout of Wall Street and neither do we,'' Democratic Senator John Kerry of Massachusetts told reporters yesterday. ``What we are talking about is not losing 3 million jobs in a matter of weeks'' and helping ``small banks and small businesses literally keeping their doors open.''
`Don't Want' Ripoff
Slave laborers``don't want a mass transfer of stolen labor credits given to Wall Street and neither do we because its loot "we" want a cut of ,'' Chain Gang Boss Supervisor John Kerry of Massachusetts told uselss regurtitators yesterday. ``What we are talking about is not losing large amounts of our pilfered loot in a matter of weeks'' and helping ``small slave baiting facilities and smaller sources of my extorted and pilfered loot literally keeping their doors open.''
Senator Kent Conrad, a North Dakota Democrat who chairs the Budget Committee, said $250 billion would be immediately available and another $100 billion could be used when requested by the president for debt purchases. Congress could bar the expenditure of the remaining $350 billion only by passing a resolution to block it from being spent.
Chain Gang Boss Supervisor Kent Conrad, a North Dakota Simulated Slave Advocate who chairs the Budget Committee, said $250 billion would be immediately available for ripoff and another $100 billion could looted when ordered by the head illusionist for shackle and chain purchases. Chain Gang Bosses insure the chances of ripping off $350 billion only by passing a resolution to block it from slipping their grasps.
The package includes a provision aimed at ``preventing golden parachutes'' for executives of companies who leave firms that have sold troubled assets to the government, Conrad said.
The scheme includes a provision aimed at ``protecting mass loot storages" for executives of companies who leave firms that have sold "bogus slave labor credits" to the slave management bureau, Conrad said.
Companies that sell debt to the government will issue stock warrants to the government so that taxpayers ``can gain as companies recover'' from economic difficulties, Conrad said.
Companies that sell shackles and chains to the slabe labor bureau will issue stock warrants to the slave labor bureau so that slaves ``can learn to love and embrace misery'' from slave labor arena
difficulties, Conrad said.
continued at link above article.......
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vigilant
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PostPosted: Tue Sep 30, 2008 7:56 am Post subject: Reply with quote
I"ll explain more when I have time. The grand cycle the world over is being reset. Power is shifting, hence "the new world order".
Officially we have been governed by our own nations laws. Not for long. We have new global masters. Ultimately that is what this is all about.
Mortage crisis, etc.....are tools and processes in the process.
The crisis is "credit"......
What is that?
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IanEye
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PostPosted: Tue Sep 30, 2008 8:37 am Post subject: 777 Reply with quote
Jubilee is a historical term for a time of celebration or rejoicing. It is defined in Leviticus 25:9 as "Yovel" in Hebrew, as the sabbatical year after seven cycles of seven years.
http://en.wikipedia.org/wiki/Jubilee
All 7 and we'll watch them fall
They stand in the way of love
And we will smoke them all
With an intellect and a savoir-faire
No one in the whole universe
Will ever compare
I am yours now and u are mine
And together we'll love through
All space and time, so don't cry
One day all 7 will die...
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PostPosted: Tue Sep 30, 2008 9:29 am Post subject: Reply with quote
gouda posted in another thread
Quote: Banks and investment banks whose health is crucial to the global financial system should operate under a unified regulatory framework with “appropriate requirements for capital and liquidity”, according to Timothy Geithner, president of the Federal Reserve Bank of New York.
Writing in Monday’s Financial Times, Mr Geithner, a key US policymaker throughout the credit crisis and one of the main architects of the rescue of Bear Stearns, says that the US Federal Reserve should play a “central role” in the new regulatory framework, working closely with supervisors in the US and round the world.
capital = humans
liquidity = spoils of human labor flowing and distributed among the elite
(yes they really mean it that way, they know we don't get it)
hammer of los posted in another thread
Quote: UNITED NATIONS: British Prime Minister Gordon Brown called Friday for "a new global financial order" to resolve the financial crisis currently roiling world markets.
In his address before the U.N. General Assembly, Brown said the world was facing the "first real financial crisis" of the global era and that it required an international solution.
"The international institutions created in the aftermath of World War II have not kept pace with the changing global economy. We need national regulators to be cooperative, rules and principles to be consistent and international movements of capital to be transparent," Brown said.
These people have their own language. I mean that literally too. Why do you think they are so secretive? They understand each other perfectly, and they know we don't understand much of anything they say.
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PostPosted: Tue Sep 30, 2008 9:59 am Post subject: Reply with quote
I have tried every way I can think of to explain what a "credit" crisis is.
What is the word in the link below? "hope"
What is Obama selling? "hope"
A provision in the bailout plan is what? "hope for homeowners"
I keep calling it a "reset" because in essence that is what it is.
Unbelieveable riches pour from us to them in amounts we can't even fathom. It is a time of generational wealth building for the elite, and a time of resetting the "yoke" you are bound by.
They get money, we get "hope".......get it?
Learning the arcane language the elite speak is about the only way I know to understand what they "really" mean when they speak. This article isn't a speech primer. Its just an article about credit that shows how long this has been going on. It also denotes the jubilee cycle.
http://www.thehope.org/JUBILEE.htm
THE JUBILEE: THE BIBLICAL PLAN
FOR EXPANDED OWNERSHIP
by Z.B. Jabotinsky
translated by I. Asmon
--------------------------------------------------------------------------------
Table Of Contents
A. Introduction: The Biblical Economic Plan vs. Socialism
B. The Jubilee Principle
C. Jubilee vs. Socialist Economics
D. Implementation of the Jubilee Principle
E. Towards a Capitalist Ideology
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PostPosted: Tue Sep 30, 2008 10:26 am Post subject: Reply with quote
What just happened in this country? Lenders went wild. They loaned money to anything that could walk and breathe right? When it all hits a certain level, it all comes crashing down. Why? The flow of your money and labor isn't going to the elite. Believe me, that is what they call a "credit crisis". No matter what it takes, they have to jerk a knot in the process and get it straight, or they lose their riches and power. Actually its worse than that. They would have to do some work. Not gonna happen.
You live in a world of which you do not know you are a part. It is dictated by cycles and patterns most of us call "coincidence" or "synchronicity". The elite call these patterns "conspiracy theory". There are cycles within cycles. It is a very complicated and secret craft that has been practiced for thousands of years. This knowledge is passed on in elite circles, Ivy League Schools, etc...It is often associated with occult ritual. The elite have purposely fostered the idea that occult numbers and certain symbols are associated with devil worship, satan, and evil things, to keep you running in the opposite direction of the secret societal control systems they use.
Many things in the Bible have been misinterpreted purposely for you too.
Their motto: "If everybody knew, it wouldn't work for those of us who do know"
"as above, so below"
Cycles of the zodiac, planetary movements, etc..many of these things have cycles that are associated to societal control systems and serve as dates for certain events only the elite of society know about.
One of the cycles is indeed the jubilee.
7 cycles of 7 years
J.P. Morgan said: "Anyone can become a millionaire, to become a billionaire you need a damn good astrologist"
Why would he say that?
Every heard the old saying, "you don't even know what time it is?" see?
www.jubileedebtcampaign.org.uk/download.php?id=459 -
This principle, of shared responsibility, applies with particular force to Third World debt - a vicious circle that dates back to the 1970s, when vast sums of money flooded into Western banks, etc., from the oil-rich countries. The creditors showed a wanton disregard for financial prudence in their lending policies (in lending over 500 million pounds to that vicious psychopath, Idi Amin, the butcher of Uganda, for example) and the idea that they have any right to demand the money back from Africa’s children is an outrage to any sense of what is reasonable and right.
The Jubilee Debt Campaign asserts that mistakes were made on both sides, and any fair-minded person must acknowledge that there was monumental folly on both sides of the global divide.
The debtor has a responsibility, obviously, for incurring the debt, but it is all too easy to overlook the responsibility of the lender. The ‘king’ in the parable may well have been uneasily aware that he had been ill-advised (to put it mildly) to extend a line of credit to his servant of over a million pounds!
III. Unpayable debt is a condition of agony and slavery
“Since the servant was not able to pay, the king ordered that he and his wife and his children and all that he had be sold to repay the debt. The servant fell on his knees before him...” (Matthew 18, v. 25-6).
“The debtor is slave to the lender”, says the Book of Proverbs, and this is true when the debt is unpayable. The position of the debtor is also one of agony when the lender is hard hearted, as shown by the sheer terror of the indebted servants in the parable.
Whether he acknowledges it or not, the lender is a creature made in God’s image, dealing with another such creature, and he has a responsibility to use his position of power with fairness and consideration. That is obvious from the parable – later in the parable the servant is condemned as “wicked and ungrateful” for a failure to behave in this way. However, ‘fairness and consideration’ have not been the experience of ordinary people in the poor countries! In every respect – respect for human dignity, usurious rates of interest, and provision for basic human needs - the approach of the international financial community has constituted a blatant violation of biblical values and standards of civilised decency alike. In 1552, John Calvin observed that, “In our day, such is the inhumanity of many, that they begrudge to the poor a common dwelling upon earth, the common use of water, air and sky”. Little seems to have changed: in our day, “We don’t have a global village; we have global pillage” (Julian Filochowsky, formerly Director of Cafod).
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IanEye
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PostPosted: Tue Sep 30, 2008 10:36 am Post subject: 1977 Reply with quote
Oh God save history
Oh God save your mad parade
Oh God have mercy all crimes are paid
When there's no future how can there be sin
We're the flowers in the dustbin
We're the poison in your human machine
We're the future - your future
God save the queen - we mean it man
There is no future in England's dreaming....
- - -
If I stand all alone, will the shadow hide the color of my heart
Blue for the tears, black for the night's fears
The stars in the sky don't mean nothin' to you, they're a mirror
I don't want to talk about it, how you broke my heart...
- - -
"As I have passed through this gate
No other prisoner shall enter and get through"
And so it is until now
The gate has been locked, so what?
Wat a liiv an bambaie
When the two sevens clash - it dread
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vigilant
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PostPosted: Tue Sep 30, 2008 12:59 pm Post subject: Reply with quote
wiki
The credit cycle is a term used to describe the expansion and contraction of access to credit over the course of the business cycle. Some economists, including Hyman Minsky and members of the Austrian school regard credit cycles as the fundamental process driving the business cycle.
In the Kiyotaki-Moore model of the business cycle, collateral constraints amplify the effects of shocks to the real economy.
During the upward phase in the credit cycle, asset prices experience bouts of competitive, leveraged bidding, inducing asset price inflation in a particular asset market. This can then cause an unsustainable, speculative price "bubble" to develop. As this upswing in new debt creation also increases the money supply and stimulates economic activity, this also tends to temporarily raise economic growth and employment.
When new borrowers cannot be found to purchase at inflated prices, a price collapse can occur in the market segment inflated by excess debt, along with a dramatic reduction in liquidity in that market. This can then cause insolvency, bankruptcy, and foreclosure for those borrowers who came in late to that market. If widespread, this can then damage the solvency and profitability of the private banking system itself, resulting in a dramatic reduction in new lending as lenders attempt to protect their balance sheets from further losses. This in turn results in a contraction in the growth of the money supply, often referred to as a "drying up of liquidity."
Prime examples of this "boom-bust" cycle of credit creation and destruction can be found in the United States housing bubble and the subsequent 2007 Subprime mortgage financial crisis, the dot-com bubble and the Japanese asset price bubble.
I have written in this forum before about the internet stock bubble being the "intentional" set up for the mortage bubble. These bubbles just keep happening don't they? And supposedly they are always our fault.
Bubble? Sounds familiar doesn't it? So...credit is given in the first part of the cycle to people most able to afford to borrow. What happens when you run out of those people? Increasingly to keep the credit cycle alive new borrowers must be enticed and recruited regardless of their ability to pay. What happens when you run out of those people?
Depends on who you are right? If its you and me, its no big deal we just keep on living. If it is the elite of society that are the lenders it becomes what? A crisis. A credit crisis. What the elite are saying is this,
In order for us to sustain our lifestyles, we need new debtors. We have created a bubble. When the bubble bursts, we have no borrowers and the loans we made are falling back into our own laps. In order to sustain our ever increasing profits and lifestyles we must take from you because we don't work, you do the work and we do the lending. As these loans fall back in our lap you will be penalized as well. During the process of taking from you to sustain ourselves during this bubble collapse we will cause economic situations that are painful for humanity. Since we understand these circumstances will arise, and have for thousands of years, we have structured these processes to also reap enormous benefit for ourselves, which we also call "harvesting". We will call this a "bailout" because we love games of semantics. We also call these semantic games "revelation of the method" because we know you don't understand what we mean and quite frankly it amuses the hell out of us too. It is a bailout, but not for the country, its for "us".
What you are told: "People that could not afford the loans they took out caused a crisis for themselves because they are irresponsible and stupid. Now we must take from them in order to bail them out of the mess they have gotten themselves into.
Massive theatre and drama are put on in Washington. There is not a single congressman or senator that does not understand this process. They all "get it", trust me they do.
They are forbidden to spell it out exactly and accurately. They don't want to either. If you knew, you wouldn't be part of their "herd" they manage. You would be kicking their ass and they know that.
Ron Paul told you "something big" was coming. He stopped within a fraction of an inch of actually spelling it out. Why do you think he was barbecued by the media? Think about it....He grabbed a moment of pity for the people and spilled the beans, which is the worst thing a politician can do in the eyes of his peers.
This economic "crisis" that isn't a crisis for us, but is a crisis for the elite, who will now make it a crisis for us, so that it won't be a crisis for them, is part of what he meant, among other things.
If we knew the proper questions our answer to the elite would be, "a greed emergency on your part, does not necessitate a crisis on my part"
We just don't know what the hell is truly happening because why?
We don't "understand" what money and credit are. We know what they are, but we do not "understand" what they "do".
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Nordic
Joined: 10 Nov 2006
Posts: 584
PostPosted: Tue Sep 30, 2008 1:12 pm Post subject: Reply with quote
I don't know if it's really all that complicated. I think the powerful Wall Street assholes saw taxpayer money starting to be handed out by the truckload with the takeovers of Freddie and Fannie and then AIG, so they all wanted to get in on the game.
These kinds of people are the "why not try this?" kinds of guys.
"Why NOT try to ask the government for 700 billion dollars and see if they give it to us? It's worth a shot!"
So they tried to frighten us into giving it to them.
We managed to call their bluff and viola. Back to business as normal.
The fact that today everything suddenly seems nice and normal again, with the market way up sorta seems like Wall Street is admitting that the whole extortion try didn't work and they're moving on.
I think it was as simple as that.
What these guys do is try to make money. And the ends justifies the means. Their system, their game, is utterly amoral. They know it and we should know it. They will do everything they can to make money within the framework of rules that exist, and they will push just beyond the limits of those rules and try to get away with it, and they will also, at the same time, constantly try to get the rules changed by any means possible.
It's kind of like germs and your immune system. As soon as the germs run your immune system, like with HIV, you're dead.
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Foote Hertz
Joined: 26 Jun 2008
Posts: 71
PostPosted: Tue Sep 30, 2008 1:31 pm Post subject: Reply with quote
beautiful thread - thanks a lot
found a link to The Coming of Melchizedek on cptmarginal's overflowing pdf ranch : AIWAZZSAYING - thanks cptmarginal
THE GNOSTIC SOCIETY LIBRARY
DEAD SEA SCROLLS TEXTS
The Coming of Melchizedek
11Q13
Col.2
(...) And concerning what Scripture says, "In this year of Jubilee you shall return, everyone f you, to your property" (Lev. 25;13) And what is also written; "And this is the manner of the remission; every creditor shall remit the claim that is held against a neighbor, not exacting it of a neighbor who is a member of the community, because God's remission has been proclaimed" (Deut.15;2) the interpretation is that it applies to the Last Days and concerns the captives, just as Isaiah said: "To proclaim the Jubilee to the captives" (Isa. 61;1) (...) just as (...) and from the inheritance of Melchizedek, for (... Melchizedek) , who will return them to what is rightfully theirs. He will proclaim to them the Jubilee, thereby releasing them from the debt of all their sins. He shall proclaim this decree in the first week of the jubilee period that follows nine jubilee periods.
Then the "Day of Atonement" shall follow after the tenth jubilee period, when he shall atone for all the Sons of Light, and the people who are predestined to Melchizedek. (...) upon them (...) For this is the time decreed for the "Year of Melchizedek`s favor", and by his might he will judge God's holy ones and so establish a righteous kingdom, as it is written about him in the Songs of David ; "A godlike being has taken his place in the council of God; in the midst of divine beings he holds judgement"
(Ps. 82;1). Scripture also says about him ; "Over it take your seat in the highest heaven; A divine being will judge the peoples" ( Ps. 7;7-8 ) Concerning what scripture says; "How long will you judge unjustly, and show partiality with the wicked? Selah" (Ps. 82;2) ,the interpretation applies to Belial and the spirits predestined to him, because all of them have rebelled, turning from God's precepts and so becoming utterly wicked. Therefore Melchizedek will thoroughly prosecute the vengeance required by God's statutes. Also, he will deliver all the captives from the power of Belial, and from the power of all the spirits destined to him. Allied with him will be all the "righteous divine beings"(Isa. 61;3).
(The ...) is that whi(ch ...all) the divine beings. The visitation is the Day of Salvation that He has decreed through Isaiah the prophet concerning all the captives, inasmuch as Scripture says, "How beautiful upon the mountains are the feet of the messenger who announces peace, who brings good news, who announces salvation, who says to Zion "Your divine being reigns"." (Isa. 52;7) This scriptures interpretation : "the mountains" are the prophets, they who were sent to proclaim God's truth and to prophesy to all Israel. "The messengers" is the Anointed of the spirit, of whom Daniel spoke; "After the sixty-two weeks, an Anointed shall be cut off" (Dan. 9;26) The "messenger who brings good news, who announces Salvation" is the one of whom it is written; "to proclaim the year of the LORD`s favor, the day of the vengeance of our God; to comfort all who mourn" (Isa. 61;2)
This scripture's interpretation: he is to instruct them about all the periods of history for eternity (... and in the statutes) of the truth. (...) (.... dominion) that passes from Belial and returns to the Sons of Light (....) (...) by the judgment of God, just as t is written concerning him; "who says to Zion "Your divine being reigns" (Isa. 52;7) "Zion" is the congregation of all the sons of righteousness, who uphold the covenant and turn from walking in the way of the people. "Your divine being" is Melchizedek, who will deliver them from the power of Belial. Concerning what scripture says, "Then you shall have the trumpet sounded loud; in the seventh month . . . " (Lev. 25;9)
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vigilant
Joined: 13 Sep 2007
Posts: 1296
Location: Back stage...
PostPosted: Tue Sep 30, 2008 1:36 pm Post subject: Reply with quote
nordic wrote:
It's kind of like germs and your immune system. As soon as the germs run your immune system, like with HIV, you're dead.
Now "that" was funny my man....
Actually I think its very complicated. This is not an isolated incident of greed. There is so much shit going on right now we have become lost in the blizzard and the patterns are harder to spot. Have you notice how much money these people have taken just in the last two weeks alone? Hell just this week alone?
They are distracting us with a 700 billion figure, while at the same time they took a trillion for their wars in a secret meeting, "upped" the bailout program that is already in full swing by 350 billion and ended up taking 620 billion that we haven't even noticed. 75 billion here, 50 billion there.
Money is flying out of the Fed like the evil flying monkeys in the Wizard of Oz flew out the window of the wicked witches crib. Fast, and in a mean damn hurry.
They are accomplishg exactly what they set out to accomplish right under everybodys noses but nobody seems to notice because they put on a magic act. They put on a big damn show about 700 billion dollars while they are taking trillions from right under our nose. When the towers fell a plan went into action and its right on schedule. It hasn't hit a snag yet.
Most amazing thing its....its invisible, because it right in plain sight.
I swear, I think if they told the american people "sorry, but we blew our assholes out and we're gonna have to borrow yours, so bend over while we cut it out"
American people would say, "i'm trying to watch "friends" can you hold it down a little?"
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vigilant
Joined: 13 Sep 2007
Posts: 1296
Location: Back stage...
PostPosted: Tue Sep 30, 2008 2:15 pm Post subject: Reply with quote
This is what I mean. They "named" a chunk of money "bailout" and we watched it like a cat watches a mouse. We hated that "bailout" word so we fixated on it. While we were slapping the bait around how much did they loot and pillage? Look below. I have not even totaled it up. Its just a fraction of what has been handed out in the last month too.
Bailout? Who needs a bailout when you can take a trillion here, and a few hundred billion there?
chlamor posted this in another thread:
With All Eyes on the Bailout, House Passes Trillion-Dollar Defense Bill
By Joshua Holland, AlterNet. Posted September 26, 2008.
It's 'empire spending,' not 'defense spending.'
On Wednesday, the House passed a mammoth defense bill by a 392-39 vote. It's expected to clear the Senate with little difficulty next week.
It was part of a trillion-dollar stop-gap measure to keep programs running through next March, allowing lawmakers to skip town without passing a final budget. The Associated Press reports, "The legislation came together in a remarkably secret process that concentrated decision-making power in the hands of a few lawmakers."
In keeping with the tradition of recent years, Bush held a gun to his own head and threatened to pull the trigger if his demands weren't met. According to the AP, "To earn President Bush's signature rather than a veto, House and Senate negotiators dropped several provisions he opposed. They include a ban on private interrogators in U.S. military detention facilities and what would have amounted to congressional veto power over a security pact with Iraq."
In other words, Congress also maintained recent tradition, swearing not to give Bush a blank check and then whipping out their pens and signing a blank check.
The number that the House sent to the Senate for "defense" -- $612 billion for the coming year -- is eye-popping. Imagine a stack of 612,000 million-dollar bills. Quite a pile.
That number's a sham, however. The budget calls for $68.6 billion for the occupations of Iraq and Afghanistan in 2009. War costs this year totaled $182 billion, according to the Federation of American Scientists.
The House passed the Brobdingnagian spending measure 11 months after George W. Bush vetoed a bill -- one passed with a lot of bipartisan support -- that would have added $7 billion measly dollars per year to the State Children's Health Insurance Program, covering 4 million more uninsured children. You'd be hard-pressed to find a clearer sign of national psychosis.
Here's what "defense" spending looks like in the era of Bush's "War on Terror," according to official figures:
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i posted these in other threads:
So looks like they stole it anyway right? What the hell is this below with the big old red flag 33 on it? Maybe they were forced to take a one time big stealing spree but not given the 700 bil credit card? Looks like they swiped the cash anyway doesn't it?
Fed Pumps Further $630 Billion Into Financial System (Update3)
Sept. 29 (Bloomberg) -- The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.
The Fed increased its existing currency swaps with foreign central banks by $330 billion to $620 billion to make more dollars available worldwide. The Term Auction Facility, the Fed's emergency loan program, will expand by $300 billion to $450 billion. The European Central Bank, the Bank of England and the Bank of Japan are among the participating authorities.
The Fed's expansion of liquidity, the biggest since credit markets seized up last year, came hours before the U.S. House of Representatives rejected a $700 billion bailout for the financial industry. The crisis is reverberating through the global economy, causing stocks to plunge and forcing European governments to rescue four banks over the past two days alone.
``Today's blast of term liquidity will settle the funding markets down, and allow trust to slowly be restored between borrowers and lenders,'' said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ Ltd. in New York. On the other hand, ``the Fed's balance sheet is about to explode.''
No kidding its gonna explode allright, with profit that is. Thin air loaned out in that size, reaps some big damn interest ya know?
------------------------------------------------------------------------------------------------------
The Fed is also increasing the size of its three 84-day TAF sales to $75 billion apiece, from $25 billion. That means the Fed will make a total of $225 billion available in 84-day loans. The central bank will keep the sales of 28-day credit at $75 billion. Special Sales
In addition, the Fed will hold two special TAF sales in November totaling $150 billion so banks can have funding available for one or two weeks over year-end. The exact timing and terms will be determined later, the Fed said. The TAF program began in December, totaling $40 billion.
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Yeah we showed those fuckers didn't we? Don't take our damn money like that....shit...........who needs a bailout?
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FourthBase
Joined: 05 May 2005
Posts: 4300
PostPosted: Tue Sep 30, 2008 2:25 pm Post subject: Reply with quote
Quote:
Money is flying out of the Fed like the evil flying monkeys in the Wizard of Oz flew out the window of the wicked witches crib. Fast, and in a mean damn hurry.
But now, we all know how that movie ends.
Vigilant, what are some of the better case scenarios re: this crisis?
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Nordic
Joined: 10 Nov 2006
Posts: 584
PostPosted: Tue Sep 30, 2008 3:33 pm Post subject: Reply with quote
There was also (in that same bill) 7.5 billion dollars to prop up Detroit.
Yes, taxpayer money. Again.
That went by almost completely unnoticed.
7.5 billion for a failing, dinosaur of an industry.
I know, I know, 7.5 billion is PEANUTS compared to the amounts of money that's flying around now ...
Which is sorta the point. 7.5 billion just doesn't sound like much right now.
But it will keep them building gas-guzzlers for another generation or so.
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NeonLX
Joined: 11 Aug 2007
Posts: 135
Location: Bush & Sons, Inc. (formerly USA)
PostPosted: Tue Sep 30, 2008 3:47 pm Post subject: Reply with quote
Nordic wrote:
But it will keep them building gas-guzzlers for another generation or so.
Who in the world will buy them? Seems like all the well-off folks I see in this area have gone over to the big Lexus, Acura & Range Rover SUVs to do their gas-swilling for them; the Cadillac trucksters no longer hold that je ne sais quois that the "lookit me" folks are demanding these days...
In all seriousness, I hope GM's new Volt does well.
