Posted by
CyberMom on Friday, June 26, 2009 2:01:50 PM
Okay, if you want more background on this, please read my last post:
Economic Forecast Follow-up. Be forewarned, what I'm about to give you is not a "prediction," an "estimation," a "best-guess," or a "conspiracy." I can promise you, it is not paranoia or any personal agenda that prompts me to write this. The foundation of what I'm about to present to you is the title of this entire blog: When Governments Lie - the people suffer. And, it's true. When our elected officials no longer represent us, act on our behalf or care whether or not their actions are hurting the people, then the control spire which was there to make sure that our "Government," in the land of the free and home of the brave, is no longer functioning. The government is no longer of the people, by the people ....
or for the people.
The Democratic Party - the party in control of the White House, in control of the Presidency and in control of the Economy, under the leadership of President Obama, is taking a dangerous position that is counter-productive to our economy and our stability. I usually hate taking sides folks, but this time around, the actions from the Government and the media being lead by them cannot be attributed to any other source. I'm not saying the Republicans are the only right ones - because our party has not done its job in cleaning house when this is the PERFECT time to do so (because we don't have influence in Washington, we might as well spend this time getting our party straight). But, the Left is in control, and it is under the direct leadership of the Left, no bleed-through from any previous administration, which is misleading the people. How so?
Obama has been encouraging investments in the Stock Market, and under
this article, perhaps you will take as much delight as I did in the first sentence: "It's official. Obama thinks you're an idiot." I'll let you read that article to fully understand all the little quirks of Obama's "invest in the stock market to prove to America we're doing okay" plan. But, I'd like to draw your attention to another point of the stock market known as GSE's (government sponsored enterprises). These are not new, and have been around since the early 1900's. However, GSE's
started out as a different purpose than what they are today. You should note the following: The government possesses warrants with 79.9% ownership in these companies that would allow them to walk in and take full control at any time. With more recent companies like Freddie Mac and the banking/mortgage institutions, the government has several TRILLION $$'s in assets on record. What are those assets? Our HOMES. The GSE's include ownership of companies - and stocks in the capital market - including WALL STREET (ie. their ownership of ... oil stocks.... :).. cool, huh?). This was "supposedly" to help raise long-term funds. But, let me simplify this:
If you invest in Wall Street - and help raise that number - there's a good chance that you're going to be investing in the government (ie. AMTRACK - who -- don't forget - was given $18 million in stimulus funds, in Delaware, for NINE box cars to be renovated, and yet, it is OWNED and controlled by the government, NOT free enterprise...). Of course, if the government wants to encourage your spending, they can simply do something as simple as... oh wait... give stimulus monies to the GSE's that are reflected in the stocks and it makes the stock market go up! So.. wait a second... let's pull all this together...
Could it possibly be, that the "increases," in the stock market (which some of you may have been watching what I have), seem to occur in sync with the issue of stimulus monies (and/or spending of it)? Could it possibly be that consumer confidence in Wall street IS down, and Obama, is just trying to do what he said he would BEFORE the election, and back in February? That is, to convince the American People to invest more money into the stock market? So - what does this mean? Would the government really do this? Would they issue out "stimulus" monies that mostly protect only the government and its investments and create a "false" sense of security in the stock market to encourage you to invest knowing that you're really just helping fund the government more?
The answer you're looking for is YES. This is EXACTLY what they're doing. If the stock market fails, multitudes of the government fail - because they get some of their monies through the stock market. AIG and others failing - was NOT about the American people, it was about the GOVERNMENT. See, no one's been telling you this. They've all said (even me), let them fail - if they're private enterprise, then let capitalism work. And, while that's true, the government's been operating quietly in the background not telling you that it's their own backsides they're trying to cover!! This is a complex issue folks, and I wish I had the space to detail this ALL for you (if I had a radio talk show - I could do it - but I know that reading LONG blogs is difficult).
The point is this - they're lying about the stock market and the economy. They want people to invest, or else it's the government that could collapse, and all the bogus, money-scams they've been running with it! The lie will cause you to give up your hard earned money into stocks that they own 79.9% of - and can reclaim in FULL, during times of an "economic crisis," (hmm....), and you will lose everything. This is NOT the great depression we're heading towards. Oh no, that wouldn't be as bad as what we're heading toward. Back then, when stocks dropped, it took wheelbarrows full of money to buy a loaf of bread. But, you won't have wheelbarrows full, or loaves to buy, because the government's going to reclaim its ownership of your stocks, and your money, and it will shut down the borrowing capacity to farmers and agriculture who were growing the wheat that can no longer afford to do so. THAT is the real danger. THAT is the big collapse we are heading toward. I'm not an "economist," and I don't know all the "ins and outs," of financial trade. But, I do know this:
U.S. currency - whether paper or coin, is an I.O.U. It is an object whose value is based solely upon the ability of the signer of that I.O.U. to reimburse you for it. I buy bread from you - I don't give you anything of value, because I have nothing. I give you an I.O.U., and the point and purpose of the Federal Reserve System, the F.D.I.C. and others, who are ALL government run - NOT privately (I say this, because you might remember that Obama just broke the law and fired the inspector general - one of the "peoples'", controls over the government... so yes, be afraid, be very afraid), is so that you can take your I.O.U. note to the bank and get reimbursed. During the great depression, why then did it take a wheelbarrow full of money to buy a loaf of bread, did the gold that backs those I.O.U.'s disappear or its international value drop to zero? No -
People lost jobs, couldn't spend, and their
BORROWING capacity was reduced to nil and repossessions occurred galore! The stock market crashed because
banks were forcing collection on debt (remember, they're the ones backed by the gold - but for some reason, this didn't seem to matter?? oh yeah - PBS that aired that - sort of left that out... guess who owns PBS... yep - Uncle Sam). If you read
Ohio's take on the cause, it's because stocks were sold for more than what they were worth (hmm.. didn't Uncle Sam's I.O.U. notes help dictate all of that?). What's the ultimate conclusion of all this: that when the government was causing the U.S. Dollar to no longer have the value it did (and yes - regardless of what you'll read in some places, the banks set that dollar standard, and they were taken over LONG ago by the government, and Uncle Sam is the one who pulled his backing of the currency), and people realized that selling an item for $1 no longer meant $1, but $0.20 cents. Now bread was worth a wheelbarrow full of money. The gold's still there, but the value of the dollar dropped because those governing it wouldn't back it up at the same level anymore. And Hoover, the President in charge in 1929, said: We don't believe in helping the individual people. Sorta' sounds like... the whole thing was the fault of a selfish/capitalist government.. but maybe I'm just guessing here...
The lie - and how it hurts us? Back to my blog on the $18 million that saved 9 box cars for renovation... think about this... a new box car is worth: $75,000 max, and that's with a lot of the amenities. Just like buying a loaf of bread for $100 in 1929, we're buying a $75,000 box car with $2 million dollars. See the correlation? Understand how the lie is beginning to undermine this economy? No - it's not greed that will be spawned (oohh.. my box car's worth $2 mil), because the government OWNS Amtrak. It's a failure for the stock market, because the stocks the government owns are getting undermined, and the issuance of tens of trillions of dollars that are bottoming out our economy. Who cares if it's going to take 50 years just to pay back what the government spends in 2009 alone? That's ASSUMING the dollar's value goes back up! We need to be concerned about abuses with the stimulus money, falsely reporting to people that they should be investing in the stock market, "or companies will fail," and begin understanding that the lie will cause our stock investments to bottom out and crash our economy - again! Buying stocks in Amtrak... well... you just bought $18 million dollars in box cars, that MAY be worth.. AT BEST... $900,000. Remember the 1929 crash? Stocks being sold for more than what they were worth? The government saying - hey - we're not gonna' back your stock, we can't get more than $900,000 for those box cars in international trade and we MOST CERTAINLY, can't devalue our gold! The banks saying, um - you need to give us money now, because Uncle Sam's pulling his value out of the dollar?
If you can see the writing on the wall.. or even if you can't.. you need to read the
Top 10 New Deal arrangements made by Franklin Roosevelt. What you're going to see is that we did NOT fix the problem. We didn't even band-aid it. The government reclaimed control of those GSE's I mentioned in the last article - and the results are what you see today. What was broken, got worse. In 1929, they LET the people and the businesses fail because there was NO way to bail them out. What the New Deal REALLY did - was to make sure that Uncle Sam doesn't take as much of a hit if it happens again (yes, I know, there were a couple of good things in it, too - but not enough).
The next, "New Deal," is upon us - and it will HAVE to be even MORE restrictive than last time and require an even GREATER failure for the people than last time. Are you ready? I'm not...