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Tuesday, February 24, 2009

Filthy Lucre

It finally looks like the honeymoon is finally over for Barack Obama, as it appears like he is just another one of the old school white boys with a swarthy complexion, when it comes to being the new hope of America and it’s renewed aspirations in the free world.

We now learn that as of last September 15th, 2008 at 11:00 a.m. the Federal Reserve in the US noticed an unparalleled draw down (an electronic run) on the banks assets to the tune of 550 billion dollars, and if not for the timely intervention of the Fed opening a window of investment, would have bankrupted the US economy in the same day, and the world economy in less than 48 hours later.

The latest so called stimulus package the of 78 billion in out paid dollars to servicing the bad debts of US banks (in question of having really got there at all), smacks of white collar crime and the funneling of those funds into offshore accounts around the world. These same CEOs and executive officers are reported to be collecting huge bonuses for the calamity they have had no little part in causing in the first place.
http://www.afterdowningstreet.org/node/39845

It turns out 120 million in the US Treasury Department's $700 billion Trouble Asset Relief Program alone was reported paid out to 4 people from that of Merrill Lynch, Morgan Stanley and Goldman Sachs.
http://abcnews.go.com/GMA/Business/story?id=6479322

This depression, and that is exactly what it is (what it was in October 29, 1929), and will always be about nothing more than the panicked manipulations of the unconscionable monetary elite, withdrawing their vast equity out of the free markets in anticipation of the total collapse of today’s world economic engines.
http://www.nakedcapitalism.com/2008/10/more-on-charge-that-jp-morgan-withheld.html

What this really portends is not so much about how they can save their own worthless hides, but about where they can transfer their filthy wealth and assets to benefit themselves from the ruin everyone else worldwide, if and when that avenue ever becomes available.

Human life is of little value to them.

Only profit!

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