Timothy Geithner is making drastic change in Washington...NOT...
It seems that the previous Repugnicant administration felt that unregulation, unaccounted, free and corrupt capitalism should and did prevail. Now, this new TARP(2) program being delivered is a change to...be "nearly" the same.
I guess change is defined as, not the same.
By that, it looks as though the banks will receive even more of our future tax dollars. But there is no real regulations as to how this money is to be spent...again. You can rest assured that the money will be another buffer as the banks unload their toxic assets to the wealthy investors for minute pennies on the dollar. One might think that they could get into the action, however, unless you can buy bulk, you will not be receiving these great deals.
You see banks are waiting to sell of these toxic assets (because there are no rules given as to them having to have to), to which they willing and actively created, because there are currently no buyers. The prices are not right yet. The banks don't want to sell them off at rock bottom and have to write them down. So, it seems, as they have waited so patiently, they are going to receive more bailout funding for their own actions to offset their write downs. In other words, exchange one dollar for the other. Then, the rich investors that cannot get into stalled Hedge Funds any longer will buy up those assets for pennies once the banks are assured of their losses through TARP money.
Then, there will be buy-offs and sell-offs before that trickles down to average Joe homeowner for a rewrite on their near to foreclosed mortgage. By the time average Joe homeowner can receive better options on his mortgage he might get a deal like 90 cents on the dollar. Quite a difference. However, average Joe homeowner will have an opportunity to receive a better rate on their credit card. That seems to be Washington's way of creating spending is by creating the availability to create more debt for the consumer.
The money is supposed to be issued as a stimulus package, but many more hundreds of billions will be going corporate before we find tens of billions getting into the hands of the people.
The funny thing about this is that "It's our funking money!!"
This, the 251st entry in bloggoland! Thanks for reading and coming back. I always enjoy the comments, emails and the banter!!
(c)Copyright 2009 Doug Boggs
Showing posts with label TARP. Show all posts
Showing posts with label TARP. Show all posts
Tuesday, February 10, 2009
Sunday, December 28, 2008
The Truth is Better than Fiction, but Continue to Read Books!
The old adage that "the truth is better than fiction"...I must agree.
It seems our world is filled with truths and story's that are so outrageous, it makes creative writers pause and think that their own stories, no matter how morose or sensational one can be, it cannot even begin to compare to what truths lie out there. My continued mantra as of late has been, "You can't make this shit up...!"
I am one of the first to say that the imagination is one of the best attributes to possess. I live a lot of my life in that state...(sometimes perhaps to the detriment of my reality, but I digress)
Over the past eight years we have had the awe and wonderment of having Bush Jr. running the most powerful country on this planet. His own idiocy, or perhaps disguised brilliance, has astounded me from day one. (For those that voted for him, perhaps now is their time to take pause...but that is not the point...) With his capacity to spend the entire presidency lying, deceiving, murdering, and smiling the entire time I find him to possess a simply astounding capacity to be that of a living Satan. Recently, through the renowned TARP program, we have seen his cunning ability to pilfer away over $500 Billion tax dollars of the citizen precious future earnings while the world economy collapses, the people lose their jobs and homes, and without as much as a blink or regard or need to explain where the funds are going to? How amazing is that? I suggest looking for his offshore accounts...
The truth comes from a burning 'Bush'...
This past year we have seen the Austrian man, Josef Fritzl, who had his own child imprisoned in his own basement underneath the rest of his own family without their knowledge for nearly 25 years. During which he fathered 7 children from his own imprisoned daughter. One of which had died while a few days old. He then burned it in the oven to get rid of it...
Now, as of late, we have a 40 year ponzi scheme to the tune of $50 Billion conspired by Bernie Madoff. (By the by, his name is pronounced Made Off - as in Madoff made off with a lot of coin) It seems, despite the time line of 40 years of deception that this ponzi scheme took before the house of cards fell, he is going to claim as his defense, get this, insanity!
You can't make this shit up!!
Let's see, Madoff has been noted as one of the most respected investors on Wall Street for 40 odd years. His returns have been consistent and scrutinized by the SEC a few times over the duration and found to be sound, or at least they found no evidence of wrong doing. That is insane if anything. Maybe they were looking at the other set of books... He has been able to acquire billions of dollars of investment money from some of the richest people in the world...but, he is insane?! His statements to his clients recorded investments that never took place. Most of his clients are very rich, respectable investors. He also recently told his son, and a few people at the firm, that upon the breakdown of the investment scheme that it was just that, a scheme. There was no investment fund and it was broke. A house of cards that was going to collapse. But, then he's insane. But, it's the truth. And he had very intelligent investors fork over billions. Are they also so insane as to not recognize this man's own insanity for 40 years?
Now, he is on house arrest. (First of all, I find it funny how a black man in Amerika, who might steal a few bucks from the corner store, would have to do time in county prior to his trial while a rich, white man who conspires for forty years and embezzles billions from his clients gets house arrest.) It seems there is concern that he is not saying much. Probably due to his lawyers advising him to do so, in order to create the illusion of a mental breakdown. Or it could be the anti-depressants he is taking so as not to end up like his billionaire investment fund manager friend, Rene-Thierry Magon de la Villehuchet, who committed suicide due to the loss of his clients money through this mayhem.
I must say, that there is nothing out of bounds, as based on our current reality, that one could come up with to write a fictional story. Although, if someone were to write these stories, prior to them being in the news, it would probably be labeled as sensationalistic, or outrageous, by the critics and the press.
The irony to the date of 9-11 to incredibly correspond with an emergency call, the irony of our first African-American decent President's name of Obama while we are in the midst of a global war on terror involving a man named Osama. (You notice the difference in the two names in B-S) The name of Madoff who conspired the greatest global Ponzi scheme ever to sound like Made Off... The gods are laughing their asses off while we endure this insane irony we call life on earth...
Life...truth is better than fiction.
Despite the truth, I still tell everyone to continue to read books!!
This, the 226th entry in bloggoland! Thanks for reading and coming back. I always enjoy the comments, emails and the banter!!
(c)Copyright 2008 Doug Boggs
It seems our world is filled with truths and story's that are so outrageous, it makes creative writers pause and think that their own stories, no matter how morose or sensational one can be, it cannot even begin to compare to what truths lie out there. My continued mantra as of late has been, "You can't make this shit up...!"
I am one of the first to say that the imagination is one of the best attributes to possess. I live a lot of my life in that state...(sometimes perhaps to the detriment of my reality, but I digress)
Over the past eight years we have had the awe and wonderment of having Bush Jr. running the most powerful country on this planet. His own idiocy, or perhaps disguised brilliance, has astounded me from day one. (For those that voted for him, perhaps now is their time to take pause...but that is not the point...) With his capacity to spend the entire presidency lying, deceiving, murdering, and smiling the entire time I find him to possess a simply astounding capacity to be that of a living Satan. Recently, through the renowned TARP program, we have seen his cunning ability to pilfer away over $500 Billion tax dollars of the citizen precious future earnings while the world economy collapses, the people lose their jobs and homes, and without as much as a blink or regard or need to explain where the funds are going to? How amazing is that? I suggest looking for his offshore accounts...
The truth comes from a burning 'Bush'...
This past year we have seen the Austrian man, Josef Fritzl, who had his own child imprisoned in his own basement underneath the rest of his own family without their knowledge for nearly 25 years. During which he fathered 7 children from his own imprisoned daughter. One of which had died while a few days old. He then burned it in the oven to get rid of it...
Now, as of late, we have a 40 year ponzi scheme to the tune of $50 Billion conspired by Bernie Madoff. (By the by, his name is pronounced Made Off - as in Madoff made off with a lot of coin) It seems, despite the time line of 40 years of deception that this ponzi scheme took before the house of cards fell, he is going to claim as his defense, get this, insanity!
You can't make this shit up!!
Let's see, Madoff has been noted as one of the most respected investors on Wall Street for 40 odd years. His returns have been consistent and scrutinized by the SEC a few times over the duration and found to be sound, or at least they found no evidence of wrong doing. That is insane if anything. Maybe they were looking at the other set of books... He has been able to acquire billions of dollars of investment money from some of the richest people in the world...but, he is insane?! His statements to his clients recorded investments that never took place. Most of his clients are very rich, respectable investors. He also recently told his son, and a few people at the firm, that upon the breakdown of the investment scheme that it was just that, a scheme. There was no investment fund and it was broke. A house of cards that was going to collapse. But, then he's insane. But, it's the truth. And he had very intelligent investors fork over billions. Are they also so insane as to not recognize this man's own insanity for 40 years?
Now, he is on house arrest. (First of all, I find it funny how a black man in Amerika, who might steal a few bucks from the corner store, would have to do time in county prior to his trial while a rich, white man who conspires for forty years and embezzles billions from his clients gets house arrest.) It seems there is concern that he is not saying much. Probably due to his lawyers advising him to do so, in order to create the illusion of a mental breakdown. Or it could be the anti-depressants he is taking so as not to end up like his billionaire investment fund manager friend, Rene-Thierry Magon de la Villehuchet, who committed suicide due to the loss of his clients money through this mayhem.
I must say, that there is nothing out of bounds, as based on our current reality, that one could come up with to write a fictional story. Although, if someone were to write these stories, prior to them being in the news, it would probably be labeled as sensationalistic, or outrageous, by the critics and the press.
The irony to the date of 9-11 to incredibly correspond with an emergency call, the irony of our first African-American decent President's name of Obama while we are in the midst of a global war on terror involving a man named Osama. (You notice the difference in the two names in B-S) The name of Madoff who conspired the greatest global Ponzi scheme ever to sound like Made Off... The gods are laughing their asses off while we endure this insane irony we call life on earth...
Life...truth is better than fiction.
Despite the truth, I still tell everyone to continue to read books!!
This, the 226th entry in bloggoland! Thanks for reading and coming back. I always enjoy the comments, emails and the banter!!
(c)Copyright 2008 Doug Boggs
Thursday, December 11, 2008
When would Adam Smith shower?
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I wanted to go back to the Oct. 16th entry and re-introduce the discussion of Adam Smith and his famed "Wealth of Nations" book.
We have seen, these past few days, the level of respect and recognition that the Bush administration has of where the money flow from the TARP bailout should go. It is quite obvious that they care more for the suits on Wall Street who decide to shower in the morning before they get to the office, than the do for the hard working Americans who must shower after they get home from work.
Again, we revisit the "Wealth of Nations", Book V, Ch.2, Of the Sources of the General or Public Revenue of the Society...
V.2.8
No two characters seem more inconsistent than those of trader and sovereign. If the trading spirit of the English East India Company renders them very bad sovereigns, the spirit of sovereignty seems to have rendered them equally bad traders. While they were traders only they managed their trade successfully, and were able to pay from their profits a moderate dividend to the proprietors of their stock. Since they became sovereigns, with a revenue which, it is said, was originally more than three millions sterling, they have been obliged to beg extraordinary assistance of government in order to avoid immediate bankruptcy. In their former situation, their servants in India considered themselves as the clerks of merchants: in their present situation, those servants consider themselves as the ministers of sovereigns.
V.2.9
A state may sometimes derive some part of its public revenue from the interest of money, as well as from the profits of stock. If it has amassed a treasure, it may lend a part of that treasure either to foreign states, or to its own subjects.
As we look at our current state of affairs that have plagued the American taxpayer in order to bailout the corporations, we are not seeing any of this "amassed treasure" that we have handed to Washington reach any of its "subjects".
Let's look again at the relevance to Smith's writings and today's economic crisis.
Treasury Secretary Paulson previously publicly professed that we should make sure these businesses (the financial institutions, AIG, and Fannie and Freddie) do not fail. However, as the people who shower in the morning in Washington try to find where to place the next $350 Billion, they continue to raise the issue of the private jets that the Big 3 used to get to Congress to ask for money. I agree that it wasn't a good move, however, the Washington suits neglect to mention all of the private jets that the financial institutions, AIG, and others use on a daily basis. They also forget to remind people of the ways that these bailed out firms of Wall Street have manipulated their books in order to still hand out year end bonuses to their people. They are calling them incentives for the new year...
The Republican welfare state for the rich shows us that the trickle down theory of economics does not work. It is like Washington has received a little slight of hand parlor trick from Vegas magicians to use with the tax payers money. Your and my future earnings. The funds from the hard working people who mostly shower after work, is being slighted from our wallets while we sit in the audience and smile unknowingly in amazement.
The interesting thing about this democratic capitalistic management philosophy that has transpired through the Bush administration is that we are riding a fine line to communism and or dictatorship. Now, through the Bush bailout, we are riding a fine line between capitalism and socialism.
As I have stated previously, there is NOT ONE WAY to do things as we have come to find that a totally free market capitalism does not work. When you put the suits of Wall Street in an arena without regulation it is the same as a kid in a candy store, or Joe the Plumber in Home Depot.
Our system is built on a capitalistic system with socialistic tendencies. What we have recently experienced is a huge redistribution of wealth to the rich with no parameters to the receivers of the tax payers funds. Or, rather a socialistic system for capitalistic tendencies. Congress failed us big time for giving out the nearly $500 Billion without strings attached or rules to the game. The suits of Wall Street are now unwilling to part with our money that we gave them. This is leaving the economy in a worse position than it was two months ago.
Paulson failed. Well, actually he begs to differ. But then, he showers in the morning. I would venture that he should also shower at night to remove all of the filth he creates during the day.
There is a slight irony to capitalism and Karl Marx. I use the first volume of Marx's major work, "Capital", which was published in German in 1867, as an example. In it, Marx focused on the labour(sic) theory of value and what he considered to be the exploitation of labour by capital. The labour(sic) theory of value held that the value of a thing was determined by the labor that went into its production. This contrasts with the modern understanding of mainstream economics, that the value of a thing is determined by what one is willing to give up to obtain the thing. Ironically, Smith is often cited for being the conceptual builder of free markets in Capitalism, and also cited as a main contributor to Communist theory, via Marx.
Smith believed that while human motives were often driven by selfishness and greed, the competition in the free market would tend to benefit society as a whole by keeping prices low, while still building in an incentive for a wide variety of goods and services. Nevertheless, he was wary of businessmen and argued against the formation of monopolies.
Due to the globalization of nearly everything, including currency, in order to keep prices low of products it is the hard working second and third world countries that do much of the labor. As the world becomes more competitive and smaller it is becoming harder to find ways to stretch the production dollar.
Smith discussed at length of the sovereign social state. In today's Republican party they continue to claim that the welfare state as being dis functional. That is until it is time to meet the needs of the sovereign. Our modern TARP program is case in point.
As quoted from The Wealth of Nations:
"It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages."
I hope that Obama comes out on Jan. 21, 2008, after his first nights sleep as President, addresses the nation by informing us that his first actions will be that the recipients of our hard earned funds MUST begin the distribute those funds back to the people and small businesses to get this economy moving again. That Detroit MUST make new cars that are electric, Hybrid, battery and more. That the government will begin to put money back into the infrastructure of the country and they need people to work...TODAY!
Bush knew about infrastructure and rebuilding. He just spent eight years and trillions of dollars in the WRONG country. Good riddence sir, and don't let the door hit you in the ass on the way out!
Man, I must be making money since it is still morning, but after this I need a shower.
This, the 217th entry in bloggoland! Thanks for reading and coming back. I always enjoy the comments, emails and the banter!!
(c)Copyright 2008 Doug Boggs
(If you have any difficulty or problems with this please comment or email so that we can address the issue immediately.)
I wanted to go back to the Oct. 16th entry and re-introduce the discussion of Adam Smith and his famed "Wealth of Nations" book.
We have seen, these past few days, the level of respect and recognition that the Bush administration has of where the money flow from the TARP bailout should go. It is quite obvious that they care more for the suits on Wall Street who decide to shower in the morning before they get to the office, than the do for the hard working Americans who must shower after they get home from work.
Again, we revisit the "Wealth of Nations", Book V, Ch.2, Of the Sources of the General or Public Revenue of the Society...
V.2.8
No two characters seem more inconsistent than those of trader and sovereign. If the trading spirit of the English East India Company renders them very bad sovereigns, the spirit of sovereignty seems to have rendered them equally bad traders. While they were traders only they managed their trade successfully, and were able to pay from their profits a moderate dividend to the proprietors of their stock. Since they became sovereigns, with a revenue which, it is said, was originally more than three millions sterling, they have been obliged to beg extraordinary assistance of government in order to avoid immediate bankruptcy. In their former situation, their servants in India considered themselves as the clerks of merchants: in their present situation, those servants consider themselves as the ministers of sovereigns.
V.2.9
A state may sometimes derive some part of its public revenue from the interest of money, as well as from the profits of stock. If it has amassed a treasure, it may lend a part of that treasure either to foreign states, or to its own subjects.
As we look at our current state of affairs that have plagued the American taxpayer in order to bailout the corporations, we are not seeing any of this "amassed treasure" that we have handed to Washington reach any of its "subjects".
Let's look again at the relevance to Smith's writings and today's economic crisis.
Treasury Secretary Paulson previously publicly professed that we should make sure these businesses (the financial institutions, AIG, and Fannie and Freddie) do not fail. However, as the people who shower in the morning in Washington try to find where to place the next $350 Billion, they continue to raise the issue of the private jets that the Big 3 used to get to Congress to ask for money. I agree that it wasn't a good move, however, the Washington suits neglect to mention all of the private jets that the financial institutions, AIG, and others use on a daily basis. They also forget to remind people of the ways that these bailed out firms of Wall Street have manipulated their books in order to still hand out year end bonuses to their people. They are calling them incentives for the new year...
The Republican welfare state for the rich shows us that the trickle down theory of economics does not work. It is like Washington has received a little slight of hand parlor trick from Vegas magicians to use with the tax payers money. Your and my future earnings. The funds from the hard working people who mostly shower after work, is being slighted from our wallets while we sit in the audience and smile unknowingly in amazement.
The interesting thing about this democratic capitalistic management philosophy that has transpired through the Bush administration is that we are riding a fine line to communism and or dictatorship. Now, through the Bush bailout, we are riding a fine line between capitalism and socialism.
As I have stated previously, there is NOT ONE WAY to do things as we have come to find that a totally free market capitalism does not work. When you put the suits of Wall Street in an arena without regulation it is the same as a kid in a candy store, or Joe the Plumber in Home Depot.
Our system is built on a capitalistic system with socialistic tendencies. What we have recently experienced is a huge redistribution of wealth to the rich with no parameters to the receivers of the tax payers funds. Or, rather a socialistic system for capitalistic tendencies. Congress failed us big time for giving out the nearly $500 Billion without strings attached or rules to the game. The suits of Wall Street are now unwilling to part with our money that we gave them. This is leaving the economy in a worse position than it was two months ago.
Paulson failed. Well, actually he begs to differ. But then, he showers in the morning. I would venture that he should also shower at night to remove all of the filth he creates during the day.
There is a slight irony to capitalism and Karl Marx. I use the first volume of Marx's major work, "Capital", which was published in German in 1867, as an example. In it, Marx focused on the labour(sic) theory of value and what he considered to be the exploitation of labour by capital. The labour(sic) theory of value held that the value of a thing was determined by the labor that went into its production. This contrasts with the modern understanding of mainstream economics, that the value of a thing is determined by what one is willing to give up to obtain the thing. Ironically, Smith is often cited for being the conceptual builder of free markets in Capitalism, and also cited as a main contributor to Communist theory, via Marx.
Smith believed that while human motives were often driven by selfishness and greed, the competition in the free market would tend to benefit society as a whole by keeping prices low, while still building in an incentive for a wide variety of goods and services. Nevertheless, he was wary of businessmen and argued against the formation of monopolies.
Due to the globalization of nearly everything, including currency, in order to keep prices low of products it is the hard working second and third world countries that do much of the labor. As the world becomes more competitive and smaller it is becoming harder to find ways to stretch the production dollar.
Smith discussed at length of the sovereign social state. In today's Republican party they continue to claim that the welfare state as being dis functional. That is until it is time to meet the needs of the sovereign. Our modern TARP program is case in point.
As quoted from The Wealth of Nations:
"It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages."
I hope that Obama comes out on Jan. 21, 2008, after his first nights sleep as President, addresses the nation by informing us that his first actions will be that the recipients of our hard earned funds MUST begin the distribute those funds back to the people and small businesses to get this economy moving again. That Detroit MUST make new cars that are electric, Hybrid, battery and more. That the government will begin to put money back into the infrastructure of the country and they need people to work...TODAY!
Bush knew about infrastructure and rebuilding. He just spent eight years and trillions of dollars in the WRONG country. Good riddence sir, and don't let the door hit you in the ass on the way out!
Man, I must be making money since it is still morning, but after this I need a shower.
This, the 217th entry in bloggoland! Thanks for reading and coming back. I always enjoy the comments, emails and the banter!!
(c)Copyright 2008 Doug Boggs
Thursday, November 20, 2008
The Ultimate Chess Match
There is a group of people in this world, let's call them "The Elitists", who seem to have the world at their fingertips. Being a billionaire or multi-billionaire, I should state, is the first means of membership. This group is mostly old, old money. Families like the Rothchilds, Rockefeller, Carnegie, Getty, Kennedy, Morgan, Buffett, Bush and a handful of others. It is interesting to watch their game of life play out in front of our eyes. You see, these people, control most of what happens in America and Europe, and subsequently most of the rest of the world due to their extreme financial influence on any global matter.
Since money drives the world you can see how this game they are playing is just that, a game. They don't need to worry about putting food on the table. At that level they will NEVER run out of coin. These are people that control the flow of money which is used to buy all commodities. Therefore, they also control food and flow.
They have been working on a strategic plan to eliminate the financial wannabe's. For those, I mean the measly millionaires of the world. This economic downturn was orchestrated and managed by these multi-billionaires to redistribute the wealth back to the top, as it has been done previously in the late 1800's and throughout the depression. By controlling the markets and driving prices down they are reducing the playing field with the "pesky millionaires that think they can gamble with the big boys." These are words from one of these players.
He goes on in a letter to an amour, and I will include the rest for review then follow up...
(begin quote)
"We have just about broken those greedy bastards. A few more hands at the no bet limits table will secure the goal.
Actually we were emboldened by the fact that we know that the bush boys will try to give most of the trillion dollars to us before he leaves office. Sweetness, here is a little gem for you. If you want to discover who some of us are seek to find out who the people are that own huge shares in the big three banks.
Hint. Look for persons who own large shares in all three (and more) of the big three banks. You will find with further investigation that the same persons own large shares in the investment firms that got bailed out.
Its an economic family that rules America. We will not take kindly to Obama trying to break up our monopoly. Personally, I look forward to his challenge. Pull up a chair Obama games on. Just remember their are bet limits, and everything is on the table.
Two very powerful women are being offered key positions in Obama’s cabinet. One of them comes from a member of this family. It remains to be seen if this is an attempt to break up our monopoly. She is not a member herself( we don’t accept female membership), but I am sure she knows of the family." (end quote)
I have had some exchanges over the past year or more with this gentleman and find him rather interesting. His intelligence on monetary affairs is masterful, obviously, and his information and intelligence on global affairs is substantial. What I found interesting also is that he thought Obama would be taken by their game plan and not win the election.
It is quite obvious, and I again state that I am a conspiracy theorist, that there is this elite group of men. White. Racist. Greedy. Controlling. Yet, in some of his writings there has been a great amount of remorse and soul searching.
I do believe that there is not a means of ONE global conspiracy, but there are many going on at one time. Being rich, powerful, nimble and knowledgeable will allow one's conspiracy to shine over others. This is their game. The ultimate chess match and we are the pawns.
(c)Copyright 2008 Doug Boggs
Since money drives the world you can see how this game they are playing is just that, a game. They don't need to worry about putting food on the table. At that level they will NEVER run out of coin. These are people that control the flow of money which is used to buy all commodities. Therefore, they also control food and flow.
They have been working on a strategic plan to eliminate the financial wannabe's. For those, I mean the measly millionaires of the world. This economic downturn was orchestrated and managed by these multi-billionaires to redistribute the wealth back to the top, as it has been done previously in the late 1800's and throughout the depression. By controlling the markets and driving prices down they are reducing the playing field with the "pesky millionaires that think they can gamble with the big boys." These are words from one of these players.
He goes on in a letter to an amour, and I will include the rest for review then follow up...
(begin quote)
"We have just about broken those greedy bastards. A few more hands at the no bet limits table will secure the goal.
Actually we were emboldened by the fact that we know that the bush boys will try to give most of the trillion dollars to us before he leaves office. Sweetness, here is a little gem for you. If you want to discover who some of us are seek to find out who the people are that own huge shares in the big three banks.
Hint. Look for persons who own large shares in all three (and more) of the big three banks. You will find with further investigation that the same persons own large shares in the investment firms that got bailed out.
Its an economic family that rules America. We will not take kindly to Obama trying to break up our monopoly. Personally, I look forward to his challenge. Pull up a chair Obama games on. Just remember their are bet limits, and everything is on the table.
Two very powerful women are being offered key positions in Obama’s cabinet. One of them comes from a member of this family. It remains to be seen if this is an attempt to break up our monopoly. She is not a member herself( we don’t accept female membership), but I am sure she knows of the family." (end quote)
I have had some exchanges over the past year or more with this gentleman and find him rather interesting. His intelligence on monetary affairs is masterful, obviously, and his information and intelligence on global affairs is substantial. What I found interesting also is that he thought Obama would be taken by their game plan and not win the election.
It is quite obvious, and I again state that I am a conspiracy theorist, that there is this elite group of men. White. Racist. Greedy. Controlling. Yet, in some of his writings there has been a great amount of remorse and soul searching.
I do believe that there is not a means of ONE global conspiracy, but there are many going on at one time. Being rich, powerful, nimble and knowledgeable will allow one's conspiracy to shine over others. This is their game. The ultimate chess match and we are the pawns.
(c)Copyright 2008 Doug Boggs
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