Posted on 01/03/2010 8:49:08 AM PST by blam
The Future Of The United States, Systemic Fraud, Corruption And Financial Instability
Politics / US Politics
Jan 03, 2010 - 01:16 AM
By: Global Research
Craig Harris writes: As we close out 2009 and look forward into 2010 and beyond, this has been a year of near financial catastrophe and monumental change, none of which benefited America or ordinary Americans.
Late in 2008 and throughout 2009, events have happened in the US which would have been labeled unfathomable just a few short years ago, and yet already these monumental changes are expected to be filed into the memory hole and Americans are expected to believe nothing has changed.
As we exit the year, we are told the US is a laissez-faire free market economy and yet the US government is now the largest owner of housing in the US as well as the owner of last resort for some of the largest and completely insolvent US corporations. The Federal Reserve, a privately and anonymously owned and controlled corporation chartered with issuing the nations currency, were given the green light by themselves to transfer to themselves and their shareholders the people's wealth in the form of their future labor.
The FED balance sheet has ballooned to become a junk bond warehouse as they overtly and covertly buy their own debt, immune from any sort of oversight, regulation or auditing and operating above the law. Along with that, increasingly coercive brute force measures are now routinely necessary to manage and manipulate so called "free market" asset prices which are cheerled by so called "financial news media" whose board members and management are all the same people who transferred the people's wealth to themselves. The corporate media party line idea of a "free market US economy" now seems like a distant memory and it all feels like systemic fraud, corruption, malfeasance and organized crime at the very highest levels.
During 2009 we have seen the continued collapse of American industry amid wave after wave of layoffs. The corrupt corporate media cartel likes to trot out a group of FED sponsored shills who call themselves "professors" to call this a "jobless recovery" although it's difficult to imagine a recovery where American industry has collapsed and is now owned by the government.
US cities both large and small have been decimated by the loss of the US manufacturing base. Detroit now resembles a third world country with a 50% unemployment rate. Ransacked, foreclosed houses go for a dollar apparently because no one who has a choice is willing to own property or live there.
The US has an officially stated unemployment rate of ten percent and a real unemployment rate of over 20 percent. Wall Street may have recovered due to a direct injection of capital from the future labor of the people, but there has been no action taken whatsoever to improve the situation of the average citizen as the disconnect between the ruling Oligarchs and Wall Street, the real economy and the lives of ordinary Americans continues to widen.
The people's bailout money, which represents the future labor of Americans, went directly into the pockets of the people who created the crisis in the first place because they are in the enviable position of being "too big to fail".
Interestingly, or sadly, the same people and institutions responsible for and who profited from the catastrophe are still in charge and have handed even more power and control to themselves.
Although there has been talk in Washington of "too big to fail" being undesirable, the result of the post collapse policies have resulted in ever fewer, ever larger players with more power and control and instead of being "too big to fail" now wield so much money and power that they demonstrate wholesale ownership of the entire US political body.
[snip]
(REVOLUTION)
The United States of New Jersey.
“Systemic Fraud, Corruption And Financial Instability”
Sounds like Russia. Has Putin written a book on how a communist can become a billionaire?
http://www.stuff.co.nz/world/europe/3128230/Russias-rich-lack-taste-Putin
wow
The liberals and corrupt elites engaged in global organized crime are manipulating the public through TV because the newspapers are dying.
Sadly Americans prefer ball games and reality TV over freedom and are just about serfs now. Cancel cable and sat TV now or you will probably lose everything.
Wonder why illegals flood in and get every free benefit? Organized drug crime which makes more money than you can ever imagine.
So the hippies and flower children grew up and they are now in charge!!!
Just Damn!!
Reading that, a little voice in my head kept saying “Barney Frank, Charlie Rangel, Christopher Dodd, Rahm Emanuel, Franklin Raines,” over and over again. Of course, there is a whole, other, long list of the members of Congress and BO administration who should be on that list.
A more accurate description you could not find except to note we will NOT let this stand for long.
I recommend going to the source, and reading the full article. A long read, but worth the time IMHO.
Crony Capitalism
“The Future Of The United States, Systemic Fraud, Corruption And Financial Instability”
That certainly describes our recent past and our present, so To say it is our future is a foregone conclusion. What seems to have changed with the Obamao Syndicate and our thugocracy is that no one is hiding it, and certainly no one is doing anything to slow it down. No foreign enemy could have destroyed us as well as our enemies within.
It is the Chicagoland way of doing things.
No, they are just in charge.... at least they think they are. We'll see.
OPENING IN EARLY 2010
“REVOLUTION: THE MOVIE”
EPISODE TWO: THE REPUBLIC STRIKES BACK
In this episode of REVOLUTION Tea Party marchers fired on by special federal riot troopers dressed in black and wearing jackboots in the spring of 2010. The Baptist minister who led the marchers up the Mall is killed, as are hundreds of fellow marchers and scores wounded who jam area hospitals. President Obama declares a state of emergency, but federal troops send to Washington, D.C. to crush the rebellion either remain neutral or join the demonstrators.
The Chairman of the JCS, Army General Conway, after several weeks of disorder, in conjunction with various patriot militias and state governors conducts a coup against the Obama government.
In short order the federal triangle is secured, but civil war erupts when President Obama, who has escaped to an undisclosed location, declares Conway and the Rebel Alliance are Enemies of The People...
FILMED IN 3-D!
YOU’LL FEEL JUST LIKE YOU WERE IN THE REVOLUTION OF 2010!
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