Newropeans are predicting economic collapse in June 2009?

Leap 2020 ^ | 05/16/09 | Kackikat

[Kackikat]

http://www.leap2020.eu/Open-letter-London-G20-Summit-Last-chance-before-global-geopolitical-dislocation_a3010.html

This OPEN LETTER was written in March, 2009 about the G20 Summit. I just found it, and was shocked to read the small print on advice that a new global currency change from the US dollar was a step to prevent a June, 2009 collapse.

[Dust in the Wind]

I've been working at supplying cow feed and won't stop unless I'm forced. I hope my part matters in our upcoming years.

I don't know what to do when I was reading and speaking to people of this 30 years ago and being laughed at. It has not been a secret, it has just been ignored for profit taking by those that had the most unearned profits to lose. And now the whole world loses.

I can guarantee you that there will be those that will manipulate for their unearned slice of the pie no matter what the cost to whom; they won't care...once again. That is what the letter is about as I see it.

A free opinion FWIW

[Kackikat]

These articles and including the one I will post link below are indicative of a manipulated collapse and not one that happened naturally out of greed, ignorance or overleverage. Now we had sytemic risk due to using the Black Sholes theory of creating the investment packages. Also the shaky banking foreclosures came from overexposure to sub primes, arms and Community Reinvestment Act, but all of this works together like a huge conspiracy , however I don’t like saying that at all (its creepy): Read this:

http://m.leap2020.eu/index.php?action=article&numero=3099&PHPSESSID=53f89dfcef29347b82427dc03cabef70

[Dust in the Wind]

From the link..."When the authorities take action to prevent major banks to collapse by injecting public funds within their capital and by taking the required share of power in their board, we think that it is an efficient emergency solution. But on the contrary, when they buy out distressed assets and/or do not take a share of power in the banks’ board (when public capital is injected), we believe that they are inefficient measures. The distressed assets buyout is only pushing towards the state (and ultimately the taxpayer) the cost of getting out of the mess, without providing any serious stimulus to the economy. It is just rescuing those who made mistakes at the taxpayer’s expense.

Not entering the bank's board, so deciding not to have a direct say in the bank’s decision, is only making more probable that in a few months, because they are not delivering the promised loan increase to the economy, the very same banks will have to be fully nationalized. As we explained in another part of this issue of GEAB, we think that major banks are facing full scale nationalization by Spring if they are not able to fulfill their lending roles."

Explains why some things have been going the way they are maybe. I still don't like the arrogant bustids.

[Nam Vet]

The government HAS sold 100% of its silver reserves in an attempt to keep silver down. They have to go to the open market for silver to coin into Eagles now.

Nam Vet

[Kackikat]

Sounds full blown communist to me, or am I wrong here?

[Kackikat]

Well Well, it seems we do not yet know if the rumors are true, do we?

[Dust in the Wind]

Well it may be how they are justifying pay levels and who gets them. Some level of oversight is necessary and the pendulum swings...

[Kackikat]

The implication that nationalizing banks and gov’t intervention on boards made me think the push was more than socialism

[Finalapproach29er]

I think their divestiture is going to be gradual so as not to p*ss off Americans (consumers).

[Finalapproach29er]

The mere fact that we rely on China to buy our debt is a disgrace. Twenty years ago, we were rich and China was poor
*******
I hear ya, feel the same.
The Russians thought they had us backed into a corner in 1980; a few years later, they were screwed and heading for the rapids without a paddle.

The author of this story likes to show off and leave no doubt who’s in charge. I expect a miracle in the next few years; otherwise we’re screwed.

As the Old Testament says: “He will not chastise forever”

[Finalapproach29er]

Is that why Obama came out against deficit spending?

But reality is certainly not sinking in, otherwise they would cancel all this enormous spending.
********
The hypocrisy is deliberate. He has to pay off all the local thugs, then he justfies the tax increase for his programs. It’s a win-win for him.

He’s a sinister dude; like Clinton, but far more liberal.

[ExSES]

I think their divestiture is going to be gradual so as not to p*ss off Americans (consumers).

Their divestiture of our treasury bonds WILL be slow because it has to be in order to allow them to sell at as high a price as they can. Were they to dump their holdings all at once, the prices they would receive would plummet!

[combat_boots]

No thoughts, except that what elected 0bama was Soros and the cabal. Of anyone who wants the US dead.

[Kackikat]

No doubt Soros money involved, but a deeper group too.

[Dust in the Wind]

I was looking at it more as they think they are now major shareholders with a board seat.

[combat_boots]

Celente:

http://yonkerstribune.typepad.com/yonkers_tribune/2009/05/gerald-celente-trends-alert-the-bailout-bubble-the-bubble-to-end-all-bubbles.html

I hate reading Celente. It’s like having to watch an accident or a shooting. What he predicts is now effing possible.

http://www.thetruthseeker.co.uk/article.asp?ID=10703

[Kackikat]

I believe our founding fathers created three branches of government for the purpose of protecting the Constitution, however when all three branches of government are under a political party’s power then all bets are off the table. Noone is there to “check and balance” anything.

Who will do the arrest, who will prosecute, who will uphold Justice, who will send to prison, and who will defend the Consitution? The Justice System or Eric Holder? The Supremes, who wouldn’t even help Ohio stop that woman helping Acorn do voter fraud? Where is the judge to hear the petition on birth certificate? Who heads up the FBI, CIA, Homeland Security?? Where are the defenders of the Constitution in our government?? Do you hear Hillary, Janet Napolitano, or any other appointee say STOP we aren’t following the Consitution ?? Conservative voices are not even acknowledged by media or gov’t.

[combat_boots]

“no gas to use or maybe $10 gallon.”

Along with its effects on all products, transport and utilities. $4.00/gallon times 2.5.

[Wingy]

Ezek 38:4 4 And I will turn thee back, and put hooks into thy jaws, and I will bring thee forth, and all thine army, horses and horsemen, all of them clothed with all sorts of armour, even a great company with bucklers and shields, all of them handling swords: (KJV)

You can blame the bankers, the Wall Street tycoons, the press, and yes, even Obama. They are but cogs to an end. This is working out just as The Lord intended 2500 years ago. The USA is about to become irrelevant in time for us to miss the greatest battle of all time. But have no fear. He will save Israel, and send his Son back to get it right.

When I first read this verse and figured out that we (The US) would not be involved in the battle described, I didn't think it would be possible. I thought for many years that for that to occur we must be destroyed. I looked for a nuke attack, or devastating natural disaster(Comet, anyone?) for most of my adult life. Lately,(The last 15 or 20 years)while not totally dismissing those possibilities, I've come to see that we might simply be too busy with our own troubles to get involved in an international struggle of this magnitude. This may be the method to get us to that point. Well, it's not fun, but it beats an asteroid landing on your head.

[rbg81]

Well, starting in 1981 we had Ronald Reagan leading us. This time, we have BHO. It’s a different country now in many ways. Lets just say I’m not as optimisic for our chances.