Showing posts with label Federal bailout of the banks. Show all posts
Showing posts with label Federal bailout of the banks. Show all posts

Saturday, August 13, 2016

We Ain't Got Nothin' Yet

An oldie but a goodie from November 2008; still guaranteed to make you think.


Here we go again.


Time once again to try to talk some common sense concerning the Federal bailout of the nation's lending institutions. This is very difficult to do, because the elitists, under the guise of the President, the Congress, the Treasury Secretary, and the Federal Reserve Chairman, have brain washed the average American, into believing that they have the best interests in heart, for the average American.
Nothing could be further from the truth.


Who in their right mind would borrow money, that would take the next three generations to pay off through higher taxes, only to give that money to the banks, in hope, that the banks would lend that money back, at interest, so that he can buy the things he needs to survive?


No one.


But that's exactly what the leaders of our country have convinced us we need to do in order to avoid financial apocalypse. We have bought their lies, lock, stock, and barrel. If we don't wise up soon, that is all we will have to wear...barrels!


The banks have already been given 350 billion dollars of our money. They are now clamoring that they need the other 350 billion dollars, that had been set aside for future use in the Obama administration. What did they do with the original 350 billion? They gave their CEOs multi-million dollar bonuses, gave themselves expensive vacations, and they are sitting on the remainder. They are not even lending that money out in order to kick start the economy! Why in the name of God, should we give them another 350 billion?


Now General Motors, Ford and Chrysler, are claiming that if they don't receive a 30 billion dollar loan, they will go belly up. All of this amounts to extortion on a grand scale.


As previously stated in three past posts, (The Center Cannot Hold, 9-21; Bend Over, Here It Comes Again, 9-23; and Sundown You Better Take Care, 10-1) that 700 billion dollars, divided by 150 million families, amounts to almost $47,000 per family! If we the people had demanded that we lend that money to ourselves, instead of giving it to the banks, people would have got their houses out of foreclosure, they would have bought new cars; the economy would be surging as companies hire new workers to produce the products people could now afford. Everyone, would have been happy.


The reason the lending institutions are on the verge of collapse, is because workers pay has been slashed so low (under Bushs' climate of corporate greed) that the only way they can survive, is by going heavily in debt. People are defaulting on these loans, causing the banks to fail. The answer is to reduce people's debt. Giving money to the banks, does nothing to alleviate this problem.


Why then, is the government pushing financing the banks? The elitists goal, is to put every American into financial servitude to them. It is not too late, the remaining 350 billion dollars of our money, would still amount to $23,300 per family! The American people need to demand accountability! They need to demand that money of ours, be divided fairly among ourselves, not just given to the banks!

Wednesday, May 21, 2014

Bail Me Out...Please!

Will wonders never cease? It’s true, strange things happen every day. Reports today stated that the government has speculated that Bank of America would need to receive another 34 billion dollars in order to survive the economic uncertainties of the next few months. However Bank of America has stated that they are solid, and that they had a very good first quarter of this year. They are saying that they really don’t think they need any more bail out money.

My guess is that they saw the scrutiny that AIG went through after they received their last bail out, and don’t want any part of that and the death threats that all of their management people received after they decided to give that money out as bonuses. They simply don’t have the gumption, and I guess they really don’t need the money that badly.

I, on the other hand do have the gumption, and will be glad to under go the scrutiny involved. As long as the government is in a giving mood, I would like them to give me the money. Unlike AIG I would spend the money wisely.

 Here is how my press conference would go six months after I got my bail out.

“Sir, there are reports that after you received one billion dollars of the people’s money, that you have gone on a reckless spending spree, wasting much of the hard earned money of the American People.” “Nonsense” I would reply, “Let me account for my spending.” “After receiving the money I realized that in order for me to a fully actualized, healthy person I would need to be able to exercise regularly, so I ordered a full size basketball court, and an Olympic sized swimming pool to be installed. I also decided that to be fully actualized, I would need to be able to entertain guests in my home, so I ordered a walk in humidor filled with various Cuban, Dominican, and Honduran cigars, a walk in refrigerator filled with beers from around the world, and several cases of George Dickel No. 12 Tennessee whiskey, Crown Royal, and Dom Perrignon.

However when the construction people arrived they told me I didn’t have the space to do all of this, so I bought all of the houses on my block and had them torn down so I could have a four story 145 room mansion built. Of course I couldn’t possibly live in a house with 145 empty rooms, so I installed HDTV’s, and exotic furnishings from around the world in all of them.

My Ford Escape has been running a little rough lately, and that has caused my anxiety level, and my blood pressure to rise to dangerous levels. Since my health is very important to me, I had the Escape towed away, and I replaced it with a Ferrari, Porsche Spider, Rolls Royce, and a Bentley. My reasoning was that if one of them should have problems, I would have the others to fall back on, thereby reducing the stress in my life. As you can see I spent the people’s money very wisely.

Oh, by the way, I also installed a 12 ft. electric fence, security system, and bullet-proof windows. Any other questions?”

Wednesday, April 30, 2014

Shining a Light

I am not a political person by nature, so if I write a political essay it is because I feel strongly about the subject.

Let's talk about The New World Order and how they have slowly, but surely infested the United States Federal Government, and virtually all governments on a global scale.

The government of the U.S. and most others have been held hostage to the global banking institutions, and the large global corporations. This take over has not happened over night, but has systematically been put together over the last couple hundred years. In the U.S. this has manifested after the creation of The Federal Reserve Bank in 1913. The Federal Reserve is neither Federal, in that it is controlled by, or part of the Federal Government, nor is it really a bank. It's creation was though the banking system in Europe that was and still is controlled by the Rothchilds. It was implemented in the U.S, by Congress, and approved by then President Wilson who was against it, but signed it into existence under duress for his life.

With the creation of The Federal Reserve Bank the United Stated gave up the right to mint, and put into circulation it's own currency. Instead the Federal Reserve Bank mints the money and lends it to the U.S. which then pays interest on that money to the Federal Reserve. Sounds crazy, but it is true. You and I pay interest on every dollar printed by The Federal Reserve that is put into circulation.

As if this isn't bad enough, virtually all elected officials are, or have been financed by these globalist to acquire positions of power. It does not matter if they are Republican, or Democrats, they are owned and controlled by the same people. Sure, it looks like they are different; they fight and spat between each other to make people think they are different, but that is an illusion. Whenever it is a matter that is of interest to the global overlords, you will notice that they come together quite quickly. Take the Federal bail out of the banks six years ago; they quickly (too quickly) came to an agreement to give a trillion of OUR dollars to them, under the guise of a stimulus package to save our way of living.

First, we need to realize that this is the case; second we must realize that in order to solve this problem we need to elect people who are not indebted to the money/power brokers. It is time to refocus on The United States Constitution and to elect people who will truly support and defend it. I believe to be able to do this we need to create a viable third party that I will call the Constitutionalists. It has been shown that the global elite can control a two party system to their liking, but if we can institute a third party; one that is for the Constitution, and the American people, we might yet be able to take back our government, our money supply, and our freedom.

Wednesday, November 4, 2009

Ain't That Peculiar

Its kind of funny how life is now a days. One day you are told one thing, then the next day, they tell you something different. Who they are I'm not quite sure, but whoever they are, they can't seem to be able to make up their minds.

I remember when I was young, growing up a Catholic, the nuns told us that it was a mortal sin to eat meat on Friday. This meant that if you deliberately ate meat on a Friday, and knew that it was a mortal sin, and did not confess that sin to the nice priest, (who then had you say fifty "Hail Marys", twenty "Our Fathers", and fifteen "Act of Contritions",) and died; you would spend all of eternity being one of Satan's minions.

Around 1971, the Church did an about face on the eating meat on Friday thing; now it was no longer a sin at all, to eat meat on a Friday. I always wondered about the poor souls burning in hell for eating a lousy baloney sandwich on a Friday. Did St. Peter take the elevator down to hell, and proclaim, "Hey, all you guys down here on the eating meat on Friday rap, come on up!" The nuns I questioned about this denied that they ever said it was a mortal sin to eat meat on a Friday. Hmmmmmm.

Last October (one whole year ago!), gasoline was averaging $4.00/gal. We were being told that oil, being a fossil fuel, was limited in supply; and that the cost to explore, drill, import, etc. etc. was the reason for the ever increasing prices. Then the doo doo hit the fan with the economy; people couldn't afford to pay exorbitant prices for gas. The oil companies weren't selling enough gas to keep their profit margins up. Now gasoline is averaging $2.70/gal! Maybe oil wasn't so scarce after all. Hmmmmmm.

Maybe I am too skeptical, but it seems to me that we are being told whatever lie is convenient, to persuade us to do what they want. Want to talk about the bailout for the banks? Hmmmmm. How about the erosion of personal freedoms to keep America safe? Hmmmmm. It seems to me, that the next time they tell us the truth about anything, it will be the first time.