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To: Renfield; Alamo-Girl
Make credit easy, and encourage people to take on massive debt; then make credit difficult, driving debtors into failure, and grab collateralized assets at a fraction of their actual value (and along the way, get the taxpayers to pay the bill).

That's pretty much the pith of this scheme, when you boil it all down.

It is also the same sort of thing that drove both the dot-com and real estate bubbles....

With this dandy little manipulation, we are inexorably stripped of our liberty and property.

If anyone has any doubt that We the People are being systematically destroyed by the Obama Administration, this ought to dispel it.

Thanks for your insight, Renfield!

45 posted on 11/17/2012 11:32:14 AM PST by betty boop (We are led to believe a lie when we see with, and not through the eye. — William Blake)
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To: betty boop

Remember, as dirty as he is, Obama is just the Manchurian washer-woman, laundering the cash as best he can. He is a puppet of the Banksters. This kind of stuff has been going on whenever there was a Central Bank in existence in the United States. The Federal Reserve is the latest incarnation of it, so we have (latterly) had nearly 100 years of financial fraud piled upon us. The pile is now toppling over.


61 posted on 11/17/2012 3:25:39 PM PST by Renfield (Turning apples into venison since 1999!)
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