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Author Topic: Was the 2008 Financial Collapse an "Inside Job"?  (Read 634 times)
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WhiskeyGirl
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« on: March 01, 2011, 12:22:57 PM »

Why did Obama push for massive US debt?  At the end of WW I, German was left with a massive, crippling debt, on purpose - it was punishment for 'starting' a war, and the victors wanted to ensure that German would never rise again. 

Germans lived in poverty for many years.  There was no economy, unemployment was high, people went hungry...enter the Fascists and Adolph Hitler.  Average people believed his line, it was the only hope offered in their desperate lives.

WWII and another victory.  This time, in their wisdom, the victors decided to rebuild, and NOT straddle Germany with massive, debts that could not be repaid.  There was no punishment, just a hand up from poverty, despair, and Fascism.

Today, Germany has finally repaid their war debts, and has survived in a EU filled with debt and rising unrest. 

What of Obama?  For some reason, he wasn't to inflict on the U.S. the same kind of massive generational debt.  The kind of debt that creates long term poverty, high unemployment, and despair.  Why is that?

(Bush and others created debt too, Obama's is without any living comparable event.)

just my humble opinions
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WhiskeyGirl
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« Reply #1 on: March 01, 2011, 12:32:17 PM »

"Pentagon Study: ‘08 Financial Crisis May Have Included Work of Finanical Terrorists"

Quote
That’s because it was revealed yesterday that a Pentagon contractor report suggests the U.S. may have been, and may currently be, the victim of financial terrorism. As the Washington Times says, the 2008 economic crisis may have included “financial subversion carried out by unknown parties, such as terrorists or hostile nations … covertly using vulnerabilities in the U.S. financial system.”

Obama, while a Senator didn't want to raise the debt ceiling, it was a bad thing, unsustainable, government should live within it's means...

What does he do as president?  Spend, spend, spend...give out the money to foreigners, foreign nations, foreign businesses, and big global special interests...

Who get's the bill?  Generations of Americans....an unsustainable debt.

Quote
According to Freeman’s new report, the attack has three stages, two of which may have already been implemented:

    * The first phase was a speculative run-up in oil prices that generated as much as $2 trillion of excess wealth for oil-producing nations, filling the coffers of Sovereign Wealth Funds, especially those that follow Shariah Compliant Finance.

    * The second phase appears to have begun in 2008 with a series of bear raids targeting U.S. financial services firms that appeared to be systemically significant [such as Bear Stearns and Lehman Brothers]. … This created a system-wide crisis, caused the collapse of the credit markets, and nearly collapsed the global financial system.

    * The risk of a Phase Three has quickly emerged, suggesting a potential direct economic attack on the U.S. Treasury and U.S. dollar. Such an event has already been discussed by finance ministers in major emerging market nations such as China and Russia as well as Iran and the Arab states. A focused effort to collapse the dollar by dumping Treasury bonds has grave implications including the possibility of a downgrading of U.S. debt forcing rapidly rising interest rates and a collapse of the American economy. In short, a bear raid against the U.S.financial system remains possible and may even be likely. [Emphasis added]

Who wanted to bankrupt the utility companies?  Stop all energy production?  Drilling? 

Who seemingly want's to increase America's dependence on foreign oil by killing all domestic production? 

Who seemingly wants to bankrupt energy producers?  Make it more expensive to heat and cool your home?  Pay your utility bills?

Does Obama do anything to lower the cost of energy for working Americans?

read more here - http://www.theblaze.com/stories/pentagon-study-08-financial-crisis-may-have-been-the-work-of-finanical-terrorists/

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A number of potential causative factors exist, including sub-prime real estate loans, ahousing bubble, excessive leverage, and a failed regulatory system.
Beyond these,however, the risks of financial terrorism and/or economic warfare also must beconsidered. The stakes are simply too high for these potential triggers to be ignored.
 
The Obama administration‘s recent call for greater financial regulation stipulates to the
facts that hedge fund activity has been virtually unregulated and that dark-pool trading,Credit Default Swaps, and naked short selling provide tremendous vulnerabilities in thesystem. This report concurs with these concerns as recently outlined by the heads of theSEC, US Treasury, and Federal Reserve and provides supporting data.
Beyond that, thisreport exposes the fact that these vulnerabilities are subject to exploitation not onlyby greedy capitalists seeking profit but also by financial terrorists, intent ondestroying the American financial system.

'Freddie and Fannie are sound...'

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Overall, the belief is that there are a number of global market participants who had themotive, means, and opportunity to cause, trigger, or at least participate in the recenteconomic crisis. Further, this threat continues to exist today with a likely change of tactics and/or strategy going forward.

Finally, it should be noted that these assumptions do not form a dependent chain. It is very possible that even if one, several, or many of the considerations/assumptions wereviewed as unlikely, a serious vulnerability would remain intact. A single exposed issueshould demand further study at a minimum.

To put it quite simply, if even a small percentage of this paper‘s concerns are on target, a significant response is required

study here - http://www.scribd.com/doc/49755779/Economic-Warfare-Risks-and-Responses-by-Kevin-D-Freeman

What is Obama's answer?  More regulation by the same folks that missed Freddie and Fannie...more spending...

What about the financial terrorists in Washington?  The squandering wastrels?  Those creating a mountain of generational debt?

just my humble opinions
Logged

All my posts are just my humble opinions.  Please take with a grain of salt.  Smile

It doesn't do any good to hate anyone,
they'll end up in your family anyway...
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