Financial Expert Warns of Economic Collapse

Gulag Bound ^ | Cliff Kincaid

[JudgemAll]

The market relies on the media and the media is rotten. Idiots.

[kaehurowing]

We need to make clear before the election how the economic collapse was engineered by the Democrats and their special interest controllers.

[Bloody Sam Roberts]

First one is easy. Obama got elected didn't he?

Second is easily confirmed with some easy reading on what lead up to the first TARP bailout.

[ELS]

bttt

[Quix]

END TIMES ETC. ECONOMIC PING

[unkus]

Thanks

[nascarnation]

The value of mortgage-back securities collapsed because home buyers did not pay their mortgages and caused defaults on the MBS.

A superb post. The fact that some investors made billions betting on these defaults doesn't change the basic facts. John Paulson was the big winner here. If you read Zuckerman's book about it, Paulson's researcher used computer analysis of mortgages to discern the coming implosion.

[unspun]

A superb post. The fact that some investors made billions betting on these defaults doesn't change the basic facts. John Paulson was the big winner here. If you read Zuckerman's book about it, Paulson's researcher used computer analysis of mortgages to discern the coming implosion.

Thanks for the info. I'm pretty sure he wasn't the only one. ;-`

[greeneyes]

Actually some of the seeds can be traced all the way back to Carter. And I think Clinton was president when they repealed the Glass-Stegal act, and ramped up the CRA to allow more sub-prime loans.

The mark to market rule is a stupid rule. Just because you have not been able to sell a product, stock, or house does not mean it is worthless. A house for example has a replacement value that can easily be calculated. A company has a value too, just because someone drove down the price of the stock does not change the assets that are owned. There is still a “breakup” value to the company.

I have seen a stock go down to a few bucks one day and back up to $20 or $30 bucks in 1-3 days. It is ridiculous to say that the “true value” of the company actually changed that much during that time period, yet that is essentially the gist of the mark to market rule.

[Alamo-Girl]

Thanks for the ping!

[Quix]

And how do you factor in,

calculate

the destructive goals, strategies, efforts, the effects

of these controllers

who’ve decided to destroy the nation of their own birth in their arrogant satanic globalist aims?:::

http://www.freerepublic.com/focus/religion/2519352/posts?page=2#2

[greeneyes]

I did not factor them in. I merely made a small contribution to the thread - not a dissertation on all that has happened or is going on.

[Quix]

I understand that.

Was just trying to pick your very perceptive and discerning brain.

Thx anyway.

[tutstar]

bump

[Conservative4Life]

please add me to the ping lists

[greeneyes]

I am aware that the term New World Order predates Bush snr. I first heard of the Bilderbergers in the book, “A choice not an echo”, which was written about 1964.

I am aware that the UN’s millennium plans included their global aspirations to function as a global government. I printed them out on hard copy, and they are long gone from their web site.

There are evil forces in the world. I try to live according to God's commandments and pray daily. I hope for the best and try to prepare for the worst. I share what I know with close friends and family.

The few times I posted anything here on the subject, the thread was changed to a different category - one that does not get a lot of attention.

So I pray for my family, my country, and my government that we should have honest and christian people who will help the USA to put our efforts into things that will be for the glory of God.

That's about all I have to say on the subject.

[Nailbiter]

for later read

[Quix]

Sounds like an excellent job well done.

I wish all FREEPERS were as aware, Godly and diligent in behalf of Godly priorities and love of country.

THX THX.

[unspun]

Didn’t realize that Diamond was a type of nut...

Careful, you might break a tooth.

[unspun]

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