Quite enlightening

[femrap]

finding over at Zero Hedge.

http://www.zerohedge.com/article/guest-post-purpose-behind-engineered-economic-collapse

Maybe the 2-party system is just used as Circus by the Elites. The ones calling the shots are the Banksters and the Corporate Lords.

It's long read but a fine bit of Truth, imho.

[dixiegrrrrl]

1. The salient point of article is:

"he average American lives within a tiny box when it comes to the mechanics and motivations of finance. They think that their monetary desires and drives are exactly the same as a globalist’s. But, what they don’t realize is that the box they think in was BUILT by globalists. This is why the actions of big banks and the decisions of our mostly corporate establishment run government seem so insane in the face of common sense. We try to rationalize their behavior as “idiocy”, but the reality is that their goals are highly deliberate and so far outside what we have been taught to expect that some of us lack a point of reference. If you cannot see the endgame, you will not understand the steps taken to reach it until it is too late. "

I strongly recommend reading the article. Very very enlightening.

[earth mom]

2. K & R & Bookmarked to read later. nt

[sendero]

3. I would find this a lot more compelling..

..... if his "reason" for this was a little more specific than "scare everyone into compliance".

Compliance for what?

[femrap]

4. I believe it's the

Elites who want to scare us into compliance. Their goal is Social Power. Guess I'll have to continue in the vein of Saul Alinsky and ruffle some feathers of the banksters.

[jtuck004]

5. If I may suggest, perhaps, the largely successful 40 year campaign to influence our

culture and thinking to convince us that greed is good, celebrate the idea that ANY transaction is
a good one, and place enough people from or in sympathy with investment banks in government positions
where they can influence policy. This was combined with wholesale purchase of politicians who wrote
(and are writing) legislation that weakens or destroys the protections put in place since the Great
Depression, creating a "moral hazard" in which they act in ways that they would not if their own assets,
or those of their investors, were on the line.

This gave them the freedom to create collateralized debt obligations, (and cdo squared, and cdo cubed), so
intricate that simply paying an insurance premium is sufficient to create a security - THEY DON'T EVEN NEED THE
BORROWERS TO SCREW ANYMORE, and leveraging these by 10, 20, or 30 times with borrowed money. It allowed them
to bathe whole neighborhoods with repeated refinancing of homes; higher and higher and higher until they fall
in value, and then pointing at the people who were suckered in as the reason 30 million people (an increasing
number) are unemployed, or are working and can't pay their bills, why whole cities are facing bankruptcy, and
why people who depend on their pensions may well lose all or part of their safety net at a time in their lives
when they most need it.

The results of that "cultural change" has been the "bailout" with taxpayer money for the reckless decisions of
the banks, while people are taught to blame the poor, the lazy, the dark-skinned. It has been so wildy successful
that it resulted in the president of the country, in a meeting, with the bankers, making the statement that "this
administration is the only thing standing between you and the pitchforks".

Can you image a more successful campaign for compliance, when you can convince an entire political party, whose
reputation was partly made by standing in front of the single parent, the hungry child, the worker and their job,
to turn in place and protect the people who are trying to hurt them?

just sayin'...

[femrap]

8. +1...nt

[westerebus]

6. Culling the herd. n/t

[snot]

7. K&R'd

[deficitjobs]

9. Blah blah

This is just paranoid tripe from somebody who doesn't understand finance. The recent meltdown is nothing compared to the potential collapse that the US faces; the idea that that is "engineered" is bunk. People are stupid - short sighted, greedy, and prone to mass hysteria; there are no rational consumers. A large majority of the US (including financial elites) bought into the housing bubble, and we are paying the price now. Even prior to the meltdown, things were declining; the US is overextended (737 military bases worldwide!), over-leveraged, and under-productive. We shot ourselves in the foot by chasing the outsourcing dream; now we have no manufacturing base except the military industrial complex (the US is the number 1 weapons manufacturer and exporter in the world.) We have a broken political system which prevents large problems from being meaningfully addressed, an undereducated workforce, and a population prone to religious-upbringing-inspired neo-apocalyptic hysteria at the slightest twitch of the wind.

[femrap]

10. It's yak yak blah blah, dude.

And who do you think decided to have 737 bases, outsource manufacturing, develop a broken political system, push a housing bubble, kill the public school system, and get the Fundies all wound up????

Ever heard of The Business Roundtable? And its various subsidiaries...like the Financial Roundtable.

I believe it is you who doesn't understand Finance nor how the world operates. It is about Social Power.

'Potential collapse.' I'd bet the farm on it.

[Name removed]

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