The systematic looting of the largest U.S. Treasury in history
America is on the verge of a great depression 2
By Michael Webster: investigative reporter September 22, 2008
at 11:30 PM PDT
9 / 11 was the worst moment for the times modern America, but a much bigger and more dangerous attack against America is taking place under our eyes: the rescue plan proposed by institutions U.S. financial is a systematic looting of the U.S. Treasury and U.S. taxpayers and is a private take over the U.S. financial system. The Great Depression is to be repeated. Investment banks and deposit banks are failing, money has been frozen. No business or personal loans. No money available for employers to make payroll. There are millions of Americans without jobs and therefore no money. Basics such as gas and food will be difficult to find and many American families go to bed hungry tonight. The U.S. Treasury and Federal Reserve Bank (a private company offshore) are about to make a total to rescue the system for the rich and privileged. This must be stopped or the average working American will suffer the most and the country is in a deep depression, that's how bad it is. All I can now connect with our Congress or Senator and insist they can Mainstreet, we, the people in the new world order. At least, monitoring should be strict by Congress and commissions not only from Congress, the Treasury and the federal government but also private citizens of the working class. This committee must represent the masses and have real control over the bailout and U.S. regular on the street. As this writer reported on the years of warning them that day and shows where they were going, the first blatant move that the public was aware of the degradation of the people and the theft of the faltering Bear Sterns, the Federal Reserve Bank and Treasury SU, then call the institution and its physical abilities, to JP Morgan. The next step was to rescue Fannie Mae and Freddie Mac while allowing Lehman Brothers to drown on his own, and that what was captured by a British bank, and Merrill Lynch to come under the wing of Bank of America, curiously the F & T (Fed and Treasury) saw fit to answer the call for AIG to borrow $ 30 billion bridge with a rescue plan 85 billion U.S. dollars. All this happened while the stock of Goldman and Morgan Stanley was able to get the Fed to enable them to change refers to the night investment banking banks deposit regular. U.S. Treasury Secretary Henry Paulson, is former head Goldman Sacks and what a golden parachute, he developed for his former employer. All this without supervision or responding to anyone. This from a total take over without consulting or obtaining any approval of the people of our country, the taxpayer who pays the full. At the bottom of all this paper of bad loans, unsecured loans, mortgages, irresponsible in the delivery of funds to borrowers who do not by mortgage companies and banks that should have been more but for their greed, their criminality and the absence of effective controls weight. It was all paper, however, are rescued with cash. Something smells. But then these same lenders have made their high commissions and benefits we the people, and now we have people to bail out to the tune of billions of dollars. Something is wrong in this picture. Jerry Mazza, Online Journal Associate Editor The direction of writing: It seems that the banks had no problem to pass the role to increase the debt must be guaranteed by investment banks in securities, preferred stock and bonds. And central banks had no problem sucking up. The entire financial system took part in this orgy, knowing full well that without the protection they can get financial AIDS virus that could mean the death of our financial system. But he succumbed to his thirst effective against all the wisdom and good standing. Now the Fed is throwing even more money by getting money market funds, that man has erupted recently, gaining 97 cents on every dollar. So your money is safe nowhere, ie without a pig somewhere to get a piece of it is who is behind this incredible manipulation. Of course, in an election year, is the master debt, the Bush administration of land and now borrow from the taxpayers of the United States, our Treasury to rescue these sorry corporate failures. But then loans is natural for Bush & Company. AIG, unable to carry 30 billion dollars, claiming they needed the federal government has decided to give 85 thousand million. The company, which has its activities in 130 countries, earning billions, do not say anything. But Bernanke and Paulson debt rescued with taxpayer money. So Jerry Mazza stressed that Bernanke and Paulson have taken 80 percent of teams AIG guarantees and interest of at least 8.5 percent on profit. They also asked its chief executive, Robert Willumstad, left, and brought to CEO Edward Liddy, former chief executive of Allstate. Mr. Liddy, what The Wall Street Journal tells us is best known for apart empires, having helped dismantle Sears. Also questionable achievements that have worked with Donald Rumsfeld at the manufacturer drugs GG Searle and Co [who brought you the deadly Aspartame after it was banned for 15 years by the FDA]. Mr. Liddy happens to be on the board of Goldman Sachs, the bank Mr. Paulsen headed investment before becoming Treasury Secretary. What a coincidence. Can you imagine, President Bush approved after the rescue of AIG 85 one billion U.S. dollars without congressional approval? AIG continues to say, like shadows, which, as Ruppert pointed out, includes affiliations with the OSS / CIA since the Second World War and money issues silver rings for drug trafficking. Let me add this bit of history back to your reading pleasure, 9 / 11 and Greenberg Family. Speaking of terrorism, Please read, links and everything. Of course, Mr. Greenberg had to resign as CEO of AIG in 2005. As Wikepedia tells us, by the mid-2000s AIG became embroiled in a series of fraud investigations conducted by the Securities and Exchange Commission, U.S. Department of Justice and State of New York Attorney General. Greenberg was ousted amid an accounting scandal in February 2005. New York Attorney's generals research led to a fine of $ 1.6 billion for AIG and criminal charges for some of their leaders. Greenberg was replaced as CEO by Martin J. Sullivan, who began his career at AIG as a clerk in its London office in 1970. On 15 June 2008, under intense pressure due to financial losses and stock prices lower, Martin Sullivan has resigned as CEO. He was replaced by Robert B. Willumstad, who served as Board President of the Company since 2006. Willumstad was forced to resign and was replaced by Edward M. Liddy September 17, 2008. Meanwhile, we were told that since AIG was really an international player its infected debt book could reap financial chaos worldwide. For example, the Times reported that AIG had $ 20 billion of subprime marked at 69 cents and 24 $ Thousands of millions in Alt-A securities to 67 cents, similar to the types of debt of Lehman was responsible. The Times also said, AIG has also been under pressure derivatives contracts that its London-based financial products unit sold in connection with complex debt securities, making them more attractive to buyers. The swaps also gave speculators an opportunity to bet on the overall solvency of debt securities, which declined in response to the turmoil in markets housing. Ultimately, because the debt covered by the swaps are so complex and opaque, it is difficult for investors to check the numbers on their own AIG, and investors have grown impatient as AIG reported significant losses that are not expected to last two quarters. That's "Times-talk" because they were thieves, covering the real numbers in a web of deceit, which is traditionally their specialty. Although we have Hank Greenberg to run around, we should, Christopher Cox, that the financial explosions were occurring in New York and the towers of finance have been hit, exploding, and how, selling short? Is this what it was? Of course, Commissioner Cox awoke on Friday and banned all short sales of a temporary emergency action to prohibit short selling of financial companies to protect the integrity and quality of the securities market and strengthen investor confidence. The UK FSA took similar action. Incursions with banks and brokers are not a case accumulation of U.S. based hedge funds. In terms of order flow, the vast majority of funds short selling the past week have been made in abroad. It appears that the lion's share of a short circuit outside of places like London and Dubai. There may be a coincidence that the ban on short selling financial both here and in London. Google or go to: Terrorist attack on Wall Street. There is another coincidence: the huge increase in short of financial reporting that occurred in the anniversary of 9 / 11. And besides this, the same institutions attacked on 9/11/01 were suffering in recent days. Short sales require a locate (shares to borrow), then after delivery. It should take less than 3 days to deliver the borrowed shares, but delivery is delayed indefinitely. The lack Delivery takes a margin, which can be as high as 9.15 percent. They attack. Someone is making money on this. It's just how the billions of people have made 9 / 11, with prior knowledge of the case is, betting on Morgan Stanley (located in the North Tower), United Airlines and American Airlines stock to tank, and the bet stocks in the defense industry rather than expand. Revelation, the reality is that the market and its so-called protective systems that offer greater protection on against all external attacks and internal air NORAD defense system did on 9 / 11. Once again America is under attack. Since that day, Cheney was in the bunker running the White House activities, and Bush was stranded somewhere listening to some students read the story of the goats. And above, some elites Financial pulled strings to demolish the U.S. economy and makes us less of a banana republic for their continued collection. Years later in September, little has changed. Calls Vermont solo deputy for financial reform in Washington. He said the Bush administration asked lawmakers to 700 billion U.S. dollars of bailout for companies burned by bad lending practices. Democrat Peter Welch said the government must do more than simply write a blank check cover bad debts from Wall Street. He's calling for greater accountability of managers who run their companies into the ground, stricter rules on the loans, and more transparency in financial transactions to the confusion. Welch also said the Legislature must work to ensure that the burden of paying for rescue falls into the middle class. Chris Whalen, co-founder of the Wall Street consulting firm Institutional Risk Analytics, said the scheme helps banks sell assets solvent that is totally inappropriate. The proposal to allow foreign banks such as UBS, the Swiss financial institution, the sale of its mortgage debt in the fund no amount of anger. Mr. Whalen, said: It's so incongruous. Why are U.S. taxpayers pay the bill for an institution such as UBS? "If banks are included foreigners, Where do we draw the line? Deutsche Bank is the responsibility of the German government. There is so much anger out there among voters. Wall Street is so insular, so indifferent to what the rest of America thinks. The U.S. dollar dropped like a stone and it has weakened the purchasing power of U.S. and I can predict how many other than the U.S. dollar as we know it will be a thing of the past, and will be replaced by another currency with a marriage in the U.S. dollar with the euro. The rescue plan proposed contribution have not been seized in the average American and will not stop the falling prices of their homes as their houses were grossly inflated by price part of the great and now we have a surplus of houses! are at a record level and that many Americans are forced to leave the street. Also, many tenants are forced to abandon it. Politicians in Washington have seen this financial crisis is coming! I say vote for all offices of both Democrats and Republicans continue to vote until we get politicians who are really for us the people! Wake Up America! I think politicians are all a bunch of idiots! America desperately needs a new political party that truly represents the people and not Wall Street or special interest groups. America, we are in serious trouble. About the Author
America’s leading authority on Venture Capital/Equity Funding. A trustee on some of the nations largest trade Union funds. A noted Author, Lecturer, Educator, Emergency Manager, Counter-Terrorist, War on Drugs and War on Terrorist Specialist, Business Consultant, Newspaper Publisher. Radio News caster. Labor Law generalist, Teamster Union Business Agent, General Organizer, Union Rank and File Member Grievances Representative, NLRB Union Representative, Union Contract Negotiator, Workers Compensation Appeals Board Hearing Representative. Investigative Reporter for print, electronic and on-line News Agencies.
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