Freedom to look for the good
Will Americans Wake Up
Today tv gave us these double-speaks and new-speaks.
1. The people who got behind on their mortages were the cause for this world wide melt-down. Repeat 10 times
till the people believe it.
2. Bush announced he had abandoned free-enterprise to save it with government intervention. Forget your dictionary.
3. Gerald Corrigan said the Lehman type deals of essentially selling "financial credit insurance" had to be regulated.
E. Gerald Corrigan, Managing Director at Goldman Sachs, testifies at a hearing on the role of credit derivatives in the U.S. economy on Capitol Hill December 8, 2008 in Washington, DC. Credit derivatives are financial instruments believed to have a role in the recent economic downturn.
E Gerald Corrigan is strongly twined in to
both Goldman Sachs and the Federal Reserve. He said the problem with Lehman was they operated in an area that was not regulated with their financial "insurance"
which was leveraged up to 40x.
Gerald Corrigan was named managing director of Goldman, Sachs & Co. in 1996 after serving as president of the Federal Reserve Bank of New York from 1985 to 1993.
He is highly leveraged into fin-pol. He testified with pages of details about the tangled problems, thus effectively burying the root
of all these problems. When will the common American people ever find out what's happening from the roots up through the tree that grows
all these financial problems?
The book Maestro by Bob Woodward on page 72 tells part of the story of secrecy where keeping financial truth
from American people iss part of the system.
http://books.google.com/books?id=Apq464YfTA0C&pg=PA72&lpg=PA72&dq=Corrigan,+Gerald&source=web&ots=ZQGKT_kDl5&sig=x7qVeQD1c8yB_EckDG_E_ytTU90&hl=en&sa=X&oi=book_result&resnum=6&ct=result#PPA72,M1
You can keep hacking away at rotten fruit examples of our financial system, but it can't solve the cause of problems.
Examples include Lehman and their ingenuity to sell "financial insurance" with no funds to back up their deals which
were leveraged up to 40x. Fannie May and Feddy Mac leveraged up to a 100x because of their "government guarantees".
Credit Default Swaps, Money leveraging, and essentially "hot-check-kiting" of various "legal" forms are all entangled
in this snarled knot of money lies written with bookkeeping entries and new-speak-definitions.
You have to go back to the root of the matter. Manipulators continually point your attention to the interest rate
charged to banks by the FED. They don't want you asking how or why the American people pay interest on their own
currency issued by the FED for America. And that's a story worth reading to protect yourself and your pocketbook.
You can save yourself a lot of loss by knowing how things work with American currency.
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