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Tuesday, July 26, 2011

FINANCIAL ARMAGEDDON, DOWN THE SLIPPERY SLOPE

We Are Now Entering The Death Slide. Here Are The Facts:

 Excerpts from above article:

Argentina's President Cristina Fernandez, whose own country
defaulted on about $100 billion in debt a decade ago, asked

last week: "When did the American dream become a nightmare?"

The current reality, represented very clearly by the above chart, is that the American government cannot pay its bills, not with real money at least, only with the fabricated stuff, the kind of money that can be created out of thin air. Its funny money and it is taking the whole world down to a place where it will probably take many decades from which to recover…

It certainly is too late to return to fiscal sanity for it is insanity that rules the world, insanity that drives the United States government and insanity that runs deep in the psyche of the human race. We are a race of madmen though of course some are much madder than others.

Today we wake up to see the work of a super madman who gunned down 90 innocent boys and girls in Norway. The madmen who have run the pharmaceutical industry kill hundreds of thousands of men, women and children each year so it’s really hard to decide who is the most insane. In the United States alone over 100,000 die each year from properly prescribed medicine. (Misdiagnosis and wrong prescriptions kill millions worldwide but doctors and Big Pharma companies are rarely if ever held accountable!)

“President Obama and his allies in Congress believe they know better than you do what is in your own best interest,” writes attorney Jonathan Emord, which means “we have a bunch of morons in Washington” running roughshod over our future lives. As Emord tells us, they even want to control the food we eat so you really know that those running the show behind the scenes are truly mad. Monsanto, with their genetically modified foods, are in all likelihood creating a food Armageddon. In short, that company should be dissolved and its executives locked up for their violence against humanity.

There is little desire or regard for the middle class from the people at the top of the human heap because a big portion of their wealth is derived from robbing the lower classes. The Federal Reserve acts at the top of the line as the greatest robber of them all, raping the entire system to serve the people at the top.

The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression. An amendment by Sen. Bernie Sanders to the Wall Street reform law passed one year ago this week directed the Government Accountability Office to conduct the study. “As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”

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