William Cohan has a book out trying to explain what the fundamentals were in the financial meltdown and he gets it right in, greedy bankers were making a fortune on trading bad debt on housing (and credit card debt) when the people being fleeced just could not make payments anymore.
All of these people are missing the absolutes though in this in certain financiers dumped their debt at a key juncture to attack America and get an Obama elected into the White House.
The cartels behind this were using the debt management structures like Bear Sterns, Lehman Brothers, AIG, Fanny and Freddie to plunder America and dry clean their bad debt.
What was amazing in the obvious that author William Cohan and everyone else in this just can not figure out, because they are looking at this as economics instead of criminal embezzlement and eco terrorism.
In that Cohan let slip some interesting facts in the SEC was not regulating at all in this venture and a Mr. Cox who was running this rapine at the SEC has simply vanished into oblivion of any responsibility.
A little munchkin though did arise in this who "put the packages together" and that person was rewarded as head of Treasury in Tim Geithner.
Yes Tim Geithner was the person who put together the packages which spent what is now amounting to trillions of American's money on nothing, where America takes all the risk and "might" get 100% of the money back, if the financiers decide to pay.
The key to this though is what Mr. Cohan was puzzling over in, one day Lehman Brothers was being handed billions of dollars by Geithner, but in the next few days AIG was completely cut off.
It was during this period of time that people might recall that Rockefeller Chase Manhattan, JP Morgan and Barclays of London were buying up these almost trillion dollar companies for a few million dollars.
People will not notice as it did not appear broadly in the press that some of these institutions which could have been purchased at higher prices were instead left to basic default, and then the financiers went in and picked over the choice bits which were the golden eggs and Geithner and company then saddled Americans with the gut pile left costing hundreds of billions while that money had flowed offshore to the European axis.
Americans have got to understand how criminal all this was. This is like if you bought the mortgage on your neighbors house, plundered them for a few years for the lion's share, then resold that debt to your bank at full price as the markets plummeted.
You sat in the French Rivera as your bank collapsed, while the people who bought your ticket picked the best assets of your bank for their own, and then, dumped the bad loans onto your town who had to buy it all up. That money though was flowing to you and your cartel ticker buyers.
This was deliberate piracy, but the peach in this puzzle no one has figured out in the lofty halls is Lehman was bought up, because it was raided of the premier accounts it held. AIG, Fanny and Freddie had been deliberately manipulated into buying up all the toxic debt these cartels had made fortune off and that is why Lehman was bailed out and AIG was left to hang in the wind.
AIG had nothing but poor people debt. Lehman had rich people's assets.
This is the greatest theft in history and it is growing by trillions daily which American can not afford all at the behest of Tim Geithner and his European director, Barack Obama.
Obama is part of a structure raiding the United States economy and pouring it all into European banks.
One of Obama's minions, Sen. Kent Conrad of North Dakota literally stated on Tavis Smiley that this economic downturn will stop in December and he expects the economy to revive sometime in 2010...........gee who predicted that to happen just for the Democratic elections so they would take credit for something which is occurring naturally despite the rapine of Obama.
What Conrad will not reveal is the fact that Obama is looting trillions of dollars of US assets out of America yearly. America's economic tank will recover, but the problem is it is running on fumes as Obama's taxes, plunder, his competing with Americans for money lent and his dumping of funds which will cause massive inflation is a cancerous condition which is going to be far worse than the Dotcom, housing bust and derivative bust combined.
Americans you have got to understand this. In analogy, this is Obama arresting you while Pelosi diverted attention, in the meantime Geithner came into you home and stole everything of value, leaving you the rat poop in the basement, and then told you to enjoy the meal.
These trillions still exist. I can promise you that Barack Obama in his "book royalties" got his kickback which is American's retirement savings. All of these pirates from Tim Geithner, Barack Obama, Nancy Pelosi on the political to Paul Volcker, George Soros and Warren Buffett of the nation rapists ranks running this now Ponzie Scheme to the big names people recognize in Rockefeller and Rothschild all have your American money in their accounts.
They have called it legal. It is in reality grand theft in crimes against humanity scale.
I'm not though one of those who wants the financiers heads on pikes. The reason being Ron Paul and other dolts would make a disaster out of finance collapsing things. You have to know Ron Paul's gold standard ideas suck when Russia and China want to implement it as doing so will make their hundreds of million dollar gold reserves worth quadrillions in their controlling the world.
Gee, another exclusive only here while the economists like Noel Sheppard on Newsbusters only have time to look smart in their pompous arrogance.
When folks are only Obama dull they should not be attempting to take on the consuming flame of Truth.
This all bothers me out of compassion for people as they deserve better than this. There are numerous reasons the cartels are behind this, but the reason they did it, is because they could get away with it.
I advocate they be held accountable by being made to fix things. Their shortsightedness is their dark light weakness. I will to have the people have good lives who will be more productive enriching the cartel. The cartel can have their false light and all their other nonsense to which they can contend with Jesus about. Those matters are not what I have purpose for, so I advocate for the children who require someone to think for them as they don't realize someone stole from them again.
The cartels can have what they have as they manage the filth of lucre effectively for the world. They though realize as people figure out what they did, know the mobs are going to have to have some justice to keep them from putting the financiers head's on pikes.
In justice, let the Obama judgment fit the crime for him and other select scoundrels like Buffett and Soros. Obama fired the President of GM, let him and these others be fired, indicted, hauled into court and scattered to the central European winds they snuff after.
The message to the cartels is, "Let His people go".
Provide a group of scapegoats who are the horny goats who bred this for the cartels and let us then see what magik those of the cartel conjure up in their fight with Christ.
The idiotry of your class minions will not save from the Truth. Cut a deal so the mobs do not storm the gates and then get on with your babylonian darkness as while I await on Christ, He is beckoning you to gather and come.
Let us get this done and leave His children in their pastures.
agtG 252