Economics 2010

Topic started on 28-7-2010 @ 04:06 AM by IgnoranceIsntBlisss
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When we look at all the figures, from where the debt economy has been going for years, to the way the specific meltdown occurred and was carried out, to what's looming on the horizon, how isn't this deliberate? I've yet to see the question asked: with increasing computer power and quality of techniques why aren't 'we' getting better at sustainable economics? Where is our age of prosperity? Increased computational power shouldn't mean decreased prosperity for all... unless it's being used to deliberately plunder the masses.
This trend has been accelerating almost directly in line with accelerating technological change and the ever increasing collective power of the computers of those at the commanding heights.
Not even boosts in personal productivity from cell phones has managed to allow the populace to try and keep pace with the growing plutocrat oligarchs:
This is simple, and complex. Simple Answer: The economic war has been underway for many years, but until more recently it was a slow crawling menace. Until the mid-2000's it was more of a scheme to cheat the masses, to keep us undermined yet just happy enough to not really notice the gradual decline. However, over the past few decades it has increased at an alarming rate, incidentally in line with computational increase. Until about 5 years ago it was mostly a plundering of the nation, and right about when that was finished, and when we were all unwittingly at our weakest ever, and when the technology was in place to pull it off, and with a new level of motivation never seen before, the plutocrats went for the jugular of the masses directly and then furthered their cause by instituting TARP "bailouts".
YouTube LinkThis came as a one-two punch: (1) They triggered the sea of debt into a tsunami by imploding the Property Price Index (engineered housing bubble), which directly plundered the 'wealth' of those who bought into the con.
(2) Oil price gauging. Completely manufactured fuel price hikes. Virtually everything we use is made from petroleum distillates & derivatives, and is then transported using petroleum based fuels. Triple the price of fuel, by design considering the actual cost and production of oil had never changed, and spike the prices of almost literally everything we all take for granted.
The timing of these 2 events is what to focus on. The fuel crisis was ratcheted up right in line with the increasingly looming 'pop' of the housing bubble, which squeezed everyone, especially the poor and the newly damned. Complex Analysis: Not only has the global economy imploded rather dramatically, all the hard numbers point towards an inevitable total collapse, especially in the USA. The Federal Reserve and EU Bank are both privately owned institutions, and there's no debating this fact. The Federal Reserve in particular was at the heart of the US economic meltdown, which brought the rest of the world with it. These institutions are literally at the helm of each federal economy, and aren't subject to being audited. They're above each government, just the same as your local city government is subject to the state government, and the state to the federal government. The global banking scheme is seemingly leading the world into a post-apocalyptic nightmare. How is this possible? Today we have increasingly powerful computers of all different sizes, yet the more powerful our computing hardware and software becomes the faster we're falling into the abyss, instead of rising to an economic utopia. Computers clearly aren't helping the system maintain a balanced budget sheet, while when you look at the graphs it appears they're helping the elitist plutocracy to plunder the nations. Ask yourself how in the face of everything that's happened in the past few year, billionaires increased in numbers and profits at a record rate in 2009 (Link 1, 2, 3, 4, 5, 6, 7). What a trillion dollars looks like in $100 bills:
Many people put all of the blame of our current woes on the housing bubble, but a more realistic view is that that crisis only sped up the inevitable. The massive spending associated with bailouts and stimulation merely put off even longer the inevitable. The longer this inevitable is put off the harder the crash will be. Just look at the numbers. Spending got us into the mess, so in response they spend and loan even more. Like it's going out of style... literally.
It wasn't originally designed to implode, despite that being how it looks today, but it's always been designed to leech away the self-reliable wealth of those with less. The less you have the more it hurts you... is and always has been the purpose of the privately owned Federal Reserve bank. The mechanism responsible is inflation.
When the value of the dollar is deliberately reduced every year it creates a situation where you have to set up your surplus finances in ways that will hedge against the inflationary dollar devaluation. During 'normal' times, you could invest your money into your home or other property and as the value of the dollar goes down the value of the property would go up. This is just the opposite with automobiles which helps explain why social engineering has us all obsessing with dumping all of our money into our cars that are worth $10,000 less the day you drive it off the lot. Everybody's primary financial concerns should be in how to position their earnings against inflation, not new spinner rims.
Now what happened with the housing meltdown is the big trend that makes it hard to believe that the design wasn't to rob almost literally all of the populace, as normally the best thing the little guy can do is invest in his property so that he can fight off inflation. All those years most people thought their house was somehow naturally going up in value, in reality the dollar was going down in value and the markets knew it. Except now the value of our homes has plummeted, it's unsafe to even invest in property, endless millions refinanced their homes and now owe more than the property is worth, and some 60% of US national assets have been absorbed by the Federal Reserve and the Big 6 banking cartel that are the majority stock holders in the "Fed".
YouTube LinkThe other catalyst of the economic downturn was the fuel price crisis. It served as the 1-2 punch to the entire global economy. In the graph above you can see that the more fuel consumption went down the more the price went up. This is the opposite of how the market works, proving massive manipulation. What's important about is it happened directly parallel to the housing collapse, which made its effects substantially worse than if it occurred in 1999. Assuming it was deliberate, what does this tell you about the titans of Wall Street and their disdain for the global populace? [edit on 28-7-2010 by IgnoranceIsntBlisss]
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reply posted on 28-7-2010 @ 04:07 AM by IgnoranceIsntBlisss

That graph shows that neither oil production nor inventory had ever changed in ways to justify the spike in prices. On the contrary, inventories went up while consumption was down while mass scale price gouging like never before was in full effect. The answer for how this happened was market speculation. The big banks and hedge funds in effect 'all' got together and continuously bet in large scale that oil prices would go up, and sure enough that's what happened. The costs of everything went up, people were broke, major institutions absorbed by the government & banks, the property markets crashed, and now the inevitable collapse is out in the open for everyone to see.
YouTube LinkNote that during the peak of the oil crisis Obama actually went on the record saying that 'fuel' prices should be artificially increased so that people would use less fossil fuels. Now he didn't say to raise oil prices in that particular quote, but inherently that is the overall goal of Cap'N Trade type policies, and we all had a devastating test run during the artificial fuel crisis. Can anyone say they were glad the test run of Cap & Trade happened?
YouTube LinkObama's Treasury Secretary Tim Geithner is a Federal Reserve agent, being the former president of the New York branch Federal Reserve Bank. Other Federal Reserve agents in the Obama Administration include Paul Volker, Christina Romer, Alan Blinder, Robert Rubin and Lawrence Summers.As with 9/11, Bush ignored all of the warnings of the looming 'economic 9/11'. His Treasury Secretary Hank Paulson was the former CEO of Goldman Sachs, a key player in the economic meltdown. Goldman has embraced the world of AI, with sophisticated AI supercomputers that utilize learning algorithms to conduct "high frequency trading" that allows them to literally cheat at the stock trading game, and in all likelihood conduct operations such as artificially raising global fuel prices. Goldman Sachs agents in the Obama's inner circle include Gary Gensler, John Corzine, Rahm Emanuel, Mark Patterson, Neel Kashkari, Reuben Jeffery III and apparently even Elana Kagen. During the economic disaster, Goldman executives cheered their results, emails went on to show. All throughout the crisis, Sachs reaped billions of dollars in record profits while the rest of the world economy has floundered. In July of 2010 Sachs was fined the record amount of $550 million by the SEC for their role in the Subprime fiasco. The same day their stocks actually went up 5% as those in the game know how much evil they had committed, and were relieved at only having to pay a mere $550 million. Days after the settlement, Sach's put aside $9 billion for employee bonuses. Sachs was Obama second largest campaign contributor, funneling him $994,795, 7 times what Enron famously gave to Bush. His other top contributors included Google, Harvard, University of California, Microsoft, Citigroup, JP Morgan Chase, Stanford, IBM, Morgan Stanley, BP and General Electric.
YouTube LinkThese people are textbook "Disaster Capitalists", those whose portfolios are stacked to reap profits and success in their goals via the mass scale suffering of others. It's no secret that BushCo. was a regime of disaster capitalists, but ObamaCo. is too. Rahm Emanuel and Hillary Clinton have made public statements condoning the capitalization of crisis. The notorious Henry Kissinger said the economic crisis was a "great opportunity" for Obama to create a "new world order."
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YouTube LinkDisaster capitalists are amongst the greatest threat to the world, as having people set up to reap profits ranging from millions to trillions sets a precedent of why would they prevent the crisis, especially if there are agendas that transcend money. "Problem Reaction Solution" is the mechanism to our undoing. Between the agents from the Federal Reserve many of the key players in the economic meltdown are all accounted for. On top of everything above, Larry Summers, under Bill Clinton, played a key role in repealing the Glass-Steagall Act, which was set up after the first Great Depression to prevent it from happening again. He also helped deregulate derivatives, for which there is now a one quadrillion dollar bubble. After the modern collapse had already begun, Obama made him a top level adviser.
YouTube LinkThe Federal Reserve was the centerpiece of the housing bubble, as well as in serving as the vehicle to enable Congress to commit runaway spending that involves endless wars and the AGI Manhattan Project. In the meltdown aftermath, Obama moved immediately to hand the bankster monolith even more power, and the Congress banished Ron Paul's legislation that would have given the Congress for the first time the ability to audit the Federal Reserve to bring to light their deeds.
These players are amongst those at the forefront of setting up a total plutocracy. In a plutocracy the wealthy rule everything, as described by an infamous leaked Citigroup memo. The mentality of the classical elitist must be discussed. They tend to be Social Darwinists, who apply Darwinist theory to sociology. In their view it's their divine role to dominate those beneath them, at the top of the food chain as the fittest to survive. This class of elites are their own social group, much like how most ordinary people identify themselves with race, political party, music scene, and so on. This social group adherence transcends the everyday social group affiliations the rest of us know, and elitist propaganda has us all wanting to identify with them to subconsciously justify their types of actions.
So we're in the middle of a collapse that by all measures looks deliberate, that was caused by private stock holders, who made unfathomable amounts of cash on the ways up and down, and were handed trillions of unaccountable dollars in "bailout" money in the aftermath. Despite all of this, there's still this push for a near-trillion dollar military budget (in the US alone), along with a global government based on a multi-trillions dollar global carbon tax, and even a mandatory "health care" obscenity that might cost trillions overall, yet somehow we're not to come to the conclusion that there's a total economic world war being waged against us?
YouTube LinkThanks for viewing. Let me know if I missed anything, please. . [edit on 28-7-2010 by IgnoranceIsntBlisss]

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