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The economy: how the shadow government *bleeped* America

  2. maasanova
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Are we a gambling nation? Do we let speculators drive us into the ground by making bets on what was nothing but predatory lending from the beginning? Don't you want to know where the money went? Don't you want to know who the shadow economy is comprised of and maybe where they live?

Just look at the economy today with private equity firms collecting from venture capitalists then hedging bets on loans backed by nothing then they avoid state regulations by re-naming insurance policies as 'credit default swaps.' Then they had the audacity top sell the securities to more speculators like they were stocks. The Fed raises interest rates, the banks foreclose, the speculators get bailed out and guess who is stuck with the bill?

On top of that the Fed prints new money to pay off the old ponzy scheme and causes inflation, so you the consumer get hit twice. Watch as gas and food rises in spikes. It used to be that companies made profits by making and selling products not by selling hedges, shorts, etc to speculators who are not even betting on price changes but on loan re-payments. It's insane. And the sub-prime bubble (which was way lower than sub-prime) is just the tip of the iceberg. They did this same scheme on all types on loans, cars, land, other assets, students loans, you name it, they did it.

Cont.

By Ryan Dawson from www.rys2sense.com
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maasanova

16 responses // The economy: how the shadow government *bleeped* America

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    OMG, I just found the first real thinking human on Current. Maasanova, you must be from a country other than the USA? Because people in the USA don't understand what's going on. In fact, they don't know what's going on....don't want to know. They'd rather talk about Obama's "keep your change" programs or Palin's hotness or McCain's latest gaff. You can't even engage someone about these problems, because they don't even know how to orient their thinking around them.

    Well, I'll vote your contribution up. But given what I've seen move-up the ladder here at Current, I'd be surprised if it moves very far up. I keep posting important content, but it all seems to fall into a black hole.

    Thanks.

    onepersonsopinion
    2 responses to this
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    Hey if we could just have Sarah Palin as White House Secretary I'd be ok with seeing her every day. Trying to imagine her as anything beyond that is a joke! She's a novelty.

    Well I post content like this all the time and it's made it up to number one on the home page and a few times been picked for tv, but very rarely. I think people who think like we do get discouraged because there is so much fluff that gets voted up, but I've hung in there.

    I'm not an economist, and I've tried to follow it to get my head around it but could never get past the basic concepts. I started checking out the guy who made the two videos I posted on my blog and I started to get it. He just dumbs it down so even a child can understand it.

    maasanova
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    Thank you for posting this.

    asherp
    1 response to this
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    its more that people dont want to know... we are brought up to think our country is the best no matter what, we are taught to trust our media, our governemnt, and the courts meant to uphold our constitution. So far in my almost 27 yrs ive never seen any reason to trust any of them.

    regjoeschmo
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    Another thanks for posting this. I agree that so many of the more informative posts don't get the attention that they deserve. The sensational news wins every time, unfortunately.

    DandelionSalad
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    Well put Maasanova! One word.... ENRON

    Market manipulation and mishandling to make mass profits for the insiders while everyone else suffers. Why aren't we going after the people responsible?? I mean I guess I did hear that a couple hundred people did get subpoenaed or something over improper lending, but then that's all we heard.

    simplecj
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    simplecj:

    We work too much and we have the tv :(

    maasanova
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    http://current.com/items/89320263_incredible_documen...

    I don't watch much TV. I do alot of research online, reading news reports or watching youtube clips of things way more interesting than some dumb person singing to his webcam. There's alot of good stuff out there where you don't have to be spoon fed what the major networks want you to hear.

    Check out the link... why is it that major networks supposedly got some of this footage yet you hardly heard a word about this. This footage shows the totally random arrest of about 200 of the 800+ people arrested during the Repulican Convention.

    Honestly, I think they're training for something alot bigger than this... and possibly something they know is coming up. Can you say civil unrest? Maybe caused by economic collapse due to unconstitutional government systems.

    Have you ever read Washington's Farewell Address?? If you haven't here's a much easier to understand version of it next to the original text and it totally applies to today's state and why things are going bad... have we totally lost the vision our founding fathers had for a fair and free country??

    http://docs.google.com/View?docid=dfmthxq2_35dm7kzr

    recommended by Marilynn_Murray
    simplecj
    1 response to this
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    like i said who's america is this? and it breaks my heart all the contributions real, people have tried to make, where are our empty promises-did i imagine them. my own children say i should be careful of the way i talk??!!
    who's america is this if not theirs,what are they being taught to be, can't we just get rid of all the b-s-? it will never happen. the shahs and dictators have shown us the light.

    angryhands
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    The Project For The New American Century coming to full flower.

    Marilynn_Murray
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    http://www.youtube.com/watch?v=0y5wRWceXrA

    Bump

    Congress may have possibly known about the financial collapse as far back as March of 2008 via closed door, private meetings.

    Source

    http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol_nwo36.htm

    The House of Representatives held a "Special Closed Session"

    March 17, 2008

    from PhillyBlog Website

    This was only the fourth time in 176 years that Congress has closed it's doors to the public.

    Not only did members discuss new surveillance provisions as was the publicly stated reason for the closed door session, they also discussed:

    1. The imminent collapse of the U.S. economy to occur by September 2008
    2. The imminent collapse of US federal government finances by February 2009
    3. The possibility of Civil War inside the USA as a result of the collapse
    4. Advance round-ups of "insurgent U.S. citizens" likely to move against the government
    5. The detention of those rounded-up at "REX 84" (FEMA) camps constructed throughout the USA
    6.The possibility of retaliation against members of Congress for the collapses
    7. The location of "safe facilities" for members of Congress and their families to reside during expected massive civil unrest
    8. The necessary and unavoidable merger of the United States with Canada (for it's natural resources) and with Mexico (for its cheap labor pool)
    9. The issuance of a new currency - THE AMERO - for all three nations as the proposed solution to the coming economic crisis

    maasanova
  •  

    you are kidding?

    angryhands

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