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The Purpose of the Economic Meltdown

Big BrotherFrom Carolyn Harris at Infowars, December 16, 2008.

We all know economic depression here, and some of us have an inkling about what is coming. The governments vacillate between spewing gloom and doom and ridiculous ‘happy fun clown time’ gibberish at the great unwashed masses depending upon whether they want fools to buy into the stock market at that particular time to make certain fat cats even richer, or they want those fools to sell and lose almost everything.

The housing bubble has been popped, the stock market is crashing and pensions are being siphoned off minute by minute. It’s clear that gold is being manipulated at the same time the dollar is going down. The contortionate “credit instruments” and exotic book-keeping (what an oxymoron that is) methods of investment houses, bankers and large businesses have all happened in a top-down way on purpose. The more they ripped off the little guy the bigger their commission and bonus; it is a system that thrives, indeed lives off of insatiable greed. And the monsters near the top aren’t sweating one bit. They know what is happening and they know what is coming next.

The fiat currency house of cards is tumbling down because the international bankers just exhaled a puff of the expensive smoke from their Cuban Cohiba Behike cigar and blew on it. In other words, it was planned. It is time now for the next phase of their plan.

It’s high time someone put it all together, without focusing on individual trees. There is a reason that the system was set up this way; there is a reason why home loans were offered to folks who couldn’t possibly pay them back and there is a reason why this all happening.

Read it all. Follow the links.

 


 

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12 Responses to “The Purpose of the Economic Meltdown”


  1. 1 Patricia  | country flag 
    +1 votes
      
    Dec 17th, 2008 at 9:51 am

    nightmarish

  2. 2 R. Hartman  | country flag 
    +1 votes
      
    Dec 22nd, 2008 at 6:51 pm

    Yes, it was planned. Democrat issue. Started 1977 with Jimmy Carter, as just one of his evil actions. By name of Community Reinvestment Act.

    Drafted to encourage banks to lend to unqualified parties. Even people that have no money (or can’t handle it with similar results) should be able to borrow money to buy a house, even if there’s not a snowball’s hope in hell of ever getting it repaid. Well, it’s guranteed by the State, ain’t it.

    Freddie and Fanny were created for it. And the taxpayer can fork it up… Even during Bush’s reign, the Dems in Congress prevented investigations into the soundness of all this.

    “Walk on, folks, nothing to see here…”

    Governments are criminal institutions.

    Wikipedia:
    “The CRA was passed by the 95th United States Congress and signed into law by President Jimmy Carter in 1977 as a result of national pressure to address the deteriorating conditions of American cities—particularly lower-income and minority neighborhoods.[10] It followed similar laws passed to reduce discrimination in the credit and housing markets including the Fair Housing Act (1968), the Home Mortgage Disclosure Act of 1975 (HMDA) and the Equal Credit Opportunity Act (1974).”

    “Before the Act was passed, there were severe shortages of credit available to low- and moderate-income neighborhoods. In their 1961 report, the U.S. Commission on Civil Rights found that African-American borrowers were often required to make higher downpayments and adopt faster repayment schedules. The commission also documented blanket refusals to lend in particular areas (redlining).[18] Contributory factors in the shortage of direct lending in low- and moderate-income communities were a limited secondary market for mortgages, informational problems to do with the lack of credit evaluations for lower-income borrowers, and lack of coordination among credit agencies.”

  3. 3 tgusa  | country flag 
    +2 votes
      
    Dec 22nd, 2008 at 11:17 pm

    Hey Foehammer, I owe you an apology, you were and are right. I have just come back from Mississippi which was, thanks to homeland insecurity, an adventure for me as a suspected American al kayda. Yep full search twice, luggage searched, generally f’d around with and to top it off when I made a few comments, I said they looked a lot more like al kayda than I, calmly and cooly I must say, was threatened with being put on, what they referred to as, the list!

    It reminded me of a WWII German train station w/o the guns but I’m sure guns were there, just hidden. They, the potential real kayda, all backed off and I readied for the storm troopers to move in but evidently they thought better, this time. Ordinarily I would have stated right away, go ahead, make my day. However, my Gramma having passed on and I having to get to the Funeral, fast, was at their mercy. Been flying w/o incident for forty or more years, I will never fly again. All the while I listened to the loudspeaker telling me that we were at threat level orange and they sought my cooperation, I suppose in spotting other suspected American al kayda in the area.

    F them, sorry, but I am so mad I can’t hardly write this right now. Maybe as I settle down I will write a detailed account of my experiences as a suspected American al kayda and post it here or e-mail it to you. Merry Christmas to you and to all other Anvil supporters out there. The trouble has begun and its going to get worse before it gets better. Hang tough Americans, America ain’t Iraq and we got more fight in us than any islamist. They may think I look like one and I can only hope they think I will fight like one, advantage, me. Maybe they will kill me for what I am writing, I don’t care, lived a long and happy life as a free American, I’m not changing.

    Posted the same thing at a site I support, just click, tgusa, for the article.

  4. 4 tgusa  | country flag 
    +1 votes
      
    Dec 23rd, 2008 at 1:01 am

    Invincible Circa 1985

  5. 5 Foehammer  | country flag 
    +1 votes
      
    Dec 27th, 2008 at 3:47 pm

    All I can offer to anyone that questions the article posted here, I don’t blame you. Question it. Question your American government. Question your foreign government if that applies. Question it all — because what I do is simple: I pay attention, I evaluate and I prepare.

    I’m not going to be caught flat-footed. Somebody wants a damn fight because they wish to strip me of my earned freedoms? They are going to get one when they cross my path the wrong way. Count on it.

    I hope most of you feel the same way.

  6. 6 Tomrbt  | country flag 
    +0 votes
      
    Jan 5th, 2009 at 11:27 am

    # Somebody wants a damn fight because they wish to strip me of my earned freedoms? They are going to get one when they cross my path the wrong way.

    How deluded you are, you live in the most spied upon society on earth and yet you think you are free.

  7. 7 R. Hartman  | country flag 
    +1 votes
      
    Jan 6th, 2009 at 3:57 am

    @Tomrbt
    “you live in the most spied upon society on earth”

    Not true, actually. Although America has turned pretty much into a police state since the Patriot Act and all, the Dutch government actually taps more phone calls per day than the US does in a year. And the US is just that slightly bit bigger…

    Furthermore, I think there’s currently no country with denser CCTV observation than the UK. So yes, there’s a lot amiss with the US, but if my Visa Lottery had worked out last year I’d have left Europe for the States by now. The US is still that much more free.

  8. 8 Foehammer  | country flag 
    +1 votes
      
    Jan 6th, 2009 at 4:35 pm


    How deluded you are, you live in the most spied upon society on earth and yet you think you are free.

    If you look at my past 20 entries on the Anvil, you will see quite clearly that not only do I know that we are economic slaves and that the U.S. Constitution is being used as toilet paper by Congress, but that I am also not going to sit idly by and not do anything to regain my own freedoms.

    We must, as the American People, take part in our local governments because our Federal government is corrupt. From that point we can push to arm our militias, stand ready to fight back against a military that may at some point be set against us and then ultimately do our Constitutional duty and regain control of the United States for her People.

    Does that sound like Revolution? Am I now on a hot-sheet somewhere in D.C. for having typed this?

    Do I give a damn?

    Foehammer

    :owned_foe:

  9. 9 Gramfan  | country flag 
    +1 votes
      
    Jan 7th, 2009 at 5:25 pm

    Lucky for the email updates to your site, Foe.

    I had popped in a few times in the past.
    Welcome back.

    I tend to agree that the global financial crisis was created. The timing was impeccable to say the least.
    These are things we don’t really want to believe, but it’s a little too convenient.

    There are a lot of weird things going on all over the place and it can’t all be a coincidence.

  10. 10 Foehammer  | country flag 
      
    Jan 8th, 2009 at 5:23 pm

    Glad those email updates are still working, Gramfan. I’m always glad when anything around here continues to work as intended. :thumbup_tb:

  11. 11 houseing help  | country flag 
      
    Feb 8th, 2010 at 5:46 am

    The financial crisis that occurred didn’t seem right and a lot of money was lost everywhere but who would want to make everybody in the world suffer and financially broke, it must have been for a huge amount of money. Greed is everywhere and everybody has their price but if what happened was just in the US where it originated then it would have been sorted quicker and the perpetrators found. But best because the housing crisis that started it set off a domino effect then it was rather groups or sectors of financial jobs that caused the problem.

  12. 12 Foehammer  | country flag 
      
    Feb 8th, 2010 at 12:39 pm

    The implosion-by-design is being helped along by Federal Govt. that is increasing in size during a recession (no coincidence) and a current President Obama that is rendering the U.S. wide open to further dissolution of national sovereignty. Then you have the EU, banksters, Bilderberg Group, etc. The New World Order has never been so obvious. Why would anyone want us so broke? It’s part of the tenants of Communism to control all the assets of the people, but it is the primary goal of secretive super-rich powers to turn the world into a Global Government in the form that is best described as a Neo-Feudal state. Serfs and the Royalty. That is all that will be left if we allow these criminals and traitors to continue to get away with murder, war-mongering and money-changing.

    The resistance is the Freedom Movement. Anyone seeking a bastion of true revolution should consider moving to Texas.


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