The big Con
Bear
Posts: 18,953 ✭✭✭
The Various Federal Reserve Banks, Big International
investment banks as well as large banking institutions
are all in on the con. It is this, "If we make believe that
everything is really OK, then the masses will believe it
and help finance another 10 years of bubblemania. We are
an international edifice without a foundation. When reality
truly sets in, the house will collapse. We have banks that
are walking zombies, we have the Treasury and Fed
Reserve creating money out of thin air, we have the consumer
spent out, our major auto industry is on its back and only heaven
knows if the Government owns any gold reserves at all. All the
Governments in the world are afraid to slam a door, in fear that the
entire financial structure might collapse. The stock market has risen
on nothing more then hot air like a big balloon and you know
what will happen when the stove stops working. It is a good thing
that this country is a food exporter and that we have adequate fresh
water. As for oil, we must all hope that a cheap, available replacement
will come sooner then later. What ever the Governments of the world
say in public, believe the exact opposite.
investment banks as well as large banking institutions
are all in on the con. It is this, "If we make believe that
everything is really OK, then the masses will believe it
and help finance another 10 years of bubblemania. We are
an international edifice without a foundation. When reality
truly sets in, the house will collapse. We have banks that
are walking zombies, we have the Treasury and Fed
Reserve creating money out of thin air, we have the consumer
spent out, our major auto industry is on its back and only heaven
knows if the Government owns any gold reserves at all. All the
Governments in the world are afraid to slam a door, in fear that the
entire financial structure might collapse. The stock market has risen
on nothing more then hot air like a big balloon and you know
what will happen when the stove stops working. It is a good thing
that this country is a food exporter and that we have adequate fresh
water. As for oil, we must all hope that a cheap, available replacement
will come sooner then later. What ever the Governments of the world
say in public, believe the exact opposite.
There once was a place called
Camelot
Camelot
0
Comments
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
financial types are getting really concerned.
It is like musical chairs, except now, when
the music stops, there will be no chairs at
all.
Camelot
I need at least 25 more years of bubblemania.
machine, to operate at full capacity ,again.
Camelot
<< <i>What happens when the fed runs out of money for failed banks..........or has it already? >>
They will never run out, plenty of paper and ink in the warehouse
<< <i>I may have to start printing my own..it seems like a lucrative bin-ness
Just don't be sending any of it my way
<< <i>The Various Federal Reserve Banks, Big International
investment banks as well as large banking institutions
are all in on the con. It is this, "If we make believe that
everything is really OK, then the masses will believe it
and help finance another 10 years of bubblemania. We are
an international edifice without a foundation. When reality
truly sets in, the house will collapse. We have banks that
are walking zombies, we have the Treasury and Fed
Reserve creating money out of thin air, we have the consumer
spent out, our major auto industry is on its back and only heaven
knows if the Government owns any gold reserves at all. All the
Governments in the world are afraid to slam a door, in fear that the
entire financial structure might collapse. The stock market has risen
on nothing more then hot air like a big balloon and you know
what will happen when the stove stops working. It is a good thing
that this country is a food exporter and that we have adequate fresh
water. As for oil, we must all hope that a cheap, available replacement
will come sooner then later. What ever the Governments of the world
say in public, believe the exact opposite. >>
So Bear, other than this we're looking pretty good?
Oil, food, weapons, and trade - all play into geopolitics. We would do well to get out of the grip of the international bankers and to start minding our business in an honest way. To do that, all of Washington DC needs a total enema, whilst keeping our basic Constitutional framework.
I knew it would happen.
Goldman Sachs, JPMorgan Chase and others -- which have received tens of billions of dollars in federal aid -- are once more betting big on bonds, commodities and exotic financial products, trading that nearly stopped during the financial crisis.
That Wall Street is making money again in essentially the same ways that thrust the banking system into chaos last fall is reason for concern on several levels, financial analysts and government officials say.
-- There have been no significant changes to the federal rules governing their behavior. Proposals that have been made to better monitor the financial system and to police the products banks sell to consumers have been held up by lobbyists, lawmakers and turf-protecting regulators
Will they ever learn?
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mariner67, and Mikes coins
<< <i>In the past, the big banks could get away with the scam. This time around, the US (aka, the pawn of the International Bankers) has been put on notice by several other countries that they don't like being scammed. This time around, the rules have changed.
Oil, food, weapons, and trade - all play into geopolitics. We would do well to get out of the grip of the international bankers and to start minding our business in an honest way. To do that, all of Washington DC needs a total enema, whilst keeping our basic Constitutional framework. >>
Yogi Berra
<< <i>The Various Federal Reserve Banks, Big International
investment banks as well as large banking institutions
are all in on the con. It is this, "If we make believe that
everything is really OK, then the masses will believe it
and help finance another 10 years of bubblemania. We are
an international edifice without a foundation. When reality
truly sets in, the house will collapse. We have banks that
are walking zombies, we have the Treasury and Fed
Reserve creating money out of thin air, we have the consumer
spent out, our major auto industry is on its back and only heaven
knows if the Government owns any gold reserves at all. All the
Governments in the world are afraid to slam a door, in fear that the
entire financial structure might collapse. The stock market has risen
on nothing more then hot air like a big balloon and you know
what will happen when the stove stops working. It is a good thing
that this country is a food exporter and that we have adequate fresh
water. As for oil, we must all hope that a cheap, available replacement
will come sooner then later. What ever the Governments of the world
say in public, believe the exact opposite. >>
You are truly a wise old bear, well said!
Fred, Las Vegas, NV
<< <i>
<< <i>What happens when the fed runs out of money for failed banks..........or has it already? >>
They will never run out, plenty of paper and ink in the warehouse
Paper and ink are cheap, and we still have a fair amount of trees!
Fred, Las Vegas, NV