A mysterious, magical and mesmerizing beast has paralyzed the federal government. This financial beast Seg spreads its venom through confiscated largess of taxpayer’s bailout. Its lobbyist have invaded, captured and flipped government officials working on Capitol Hill. Seg appears in different forms according to the perception of each elected official.
Many see a black swan; some see an elephant and other see a gorilla. No one in government will agree as to what they are observing. They all however agree it is huge, harmful and a havoc. Seg is the $600 trillion plus and growing derivative industry. Its epic center can be found on Wall Street.
Those that created the beast were sure they had invented a formula that eliminated risk and guan teed eternal profitability. Today the creators have abandon the concept and gone into retirement or are crying fraud with 80% of the derivatives industry. Taxpayers are experiencing the results of a financial neutron implosion detonated by Seg.
Taxpayers have survived the blast but their finances are rapidly disintegrating. Government will not create a framework which will regulate an expanding industry which is about to release carbon credit default swaps. CDO derivatives have been dressed up by PhD’s of mathematic from prestigious institution of higher learning.
Promoted by the “to big to fail” on Wall Street. Next derivatives were pedaled around the world by guru within financial institution. Elected representative deny that derivatives have become another illegal street craps shoot. If there is fraud there is unpaid taxes owed to tax collection agencies.
Unpaid taxes on 80% of $600 trillion plus will pay of the national debt. Taxpayers have finally realized the root of the financial crises, are government guanteed bailout. Increasing taxpayer’s debt through deficit spending has become habitual, addictive and repetitive.
Until capitalist principles are restored the capitalist system will continue to deteriorate. The supply of money will increase exponentially as purchasing power of the dollar will deflate in an inflationary economy. This maybe why an ancient, barbaric, relic as gold appreciates in an atmosphere of lack of confidence, trust and faith in government?
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Tuesday, December 29, 2009
Wednesday, December 9, 2009
Doing Gog’s work
The stewards of federal government continue to delay, deny and distract while pretending “Doing God’s Work”. Defaulting debt within the derivatives industry accelerates. US
Liquidity prevented from reaching Main Street
Another real estate bubble has burst inside the Middle East . Speculators were drawn into debt by an orchestrated inflationary oil price. Inflated oil encouraged a boom in construction to the point where work began on the world’s tallest building. Billions of dollars in commercial mortgage backed securities will reset in 2010.
The Nobel Peace recipient escalates the war in Afghanistan
A $600 trillion plus unregulated, non monitored derivatives market is about to distribute carbon derivatives. Unemployment is officially over ten percent and the recession marches into 2010. The price of gold is sending a message of confidence to the federal government and elected officials.
Gold has been used as a hedge against uncertain times. It also demonstrates taxpayer’s lack of confidence in central bank fiduciary duty. Release of excessive reserves will surge inflation as the rising price of gold indicates inflation is surging. Yes, this Gog’s work or maybe Magog’s doings.
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Sunday, December 6, 2009
Confirmation is conformation
The confirmation of the chairman of the Federal Reserve System consummates the conformation of an International Financial Cartel and the US Government. Conformation illustrates another example of a non violent capture of the US Government. Taxpayers are constantly told that the bailout saved the world from another Great Depression.
Truth told the bailout only covered the losses of speculator who were caught exposed to global defaults. Confidence was disabled, disrupted and destroyed when counterparties involved in a counterfeit shadow monetary system stopped payments. Taxpayers were convinced by government to fall on the debt sword and save a global financial system.
This mantra will persist at a lowering volume until the last financial institution is out of the TARP system. Fed, SEC, CFTC and other agencies failed to perform their fiduciary duty. A failure to monitor the capitalization requirements of financial institutions under agency jurisdiction also provided cover to justify a bailout
It was default of debt that caused the current recession. As long as the powers that be ignore defaulting debt this recession will get worse. There are defaults coming from the top of Wall Street to the bottom of Main Street. These defaults are the moral hazard of fraud and complacency.
Taxpayers have been exposed to an unsustainable repayment structure. A retailer and staff abandoned a liquor store which is opposite a senior high school. All doors were unlocked and left wide open. The retailer and staff are delusional if expecting no alcohol missing when they return.
Please make a Donation here
Thank you
Truth told the bailout only covered the losses of speculator who were caught exposed to global defaults. Confidence was disabled, disrupted and destroyed when counterparties involved in a counterfeit shadow monetary system stopped payments. Taxpayers were convinced by government to fall on the debt sword and save a global financial system.
This mantra will persist at a lowering volume until the last financial institution is out of the TARP system. Fed, SEC, CFTC and other agencies failed to perform their fiduciary duty. A failure to monitor the capitalization requirements of financial institutions under agency jurisdiction also provided cover to justify a bailout
It was default of debt that caused the current recession. As long as the powers that be ignore defaulting debt this recession will get worse. There are defaults coming from the top of Wall Street to the bottom of Main Street. These defaults are the moral hazard of fraud and complacency.
Taxpayers have been exposed to an unsustainable repayment structure. A retailer and staff abandoned a liquor store which is opposite a senior high school. All doors were unlocked and left wide open. The retailer and staff are delusional if expecting no alcohol missing when they return.
Please make a Donation here
Thank you
Saturday, December 5, 2009
High of pharmaceuticals in financial wonderland
US taxpayers maybe high of pharmaceuticals while experiencing a financial hallucination. Taxpayers may have over medicated into a legal comatose state of mind with residue now detected in the sewer, water and air. Fed’s exit strategy is similar to Alice trapped in wonderland.
As long as taxpayer Alice is experiencing a hallucinary global financial crisis time is running out on defusing the mother of all hyperinflationary explosions. A Hyperinflation explosion will probably crush the dollar making Weimar Republic and Zimbabwe seem like the pageantry of the King of Heart’s court.
The banking industry continues to deflate through conscript consolidation by forcing good banks to cover the losses of bad banks. FDIC has access to $500 billion of taxpayer’s debt to cover $4.5 trillion in taxpayer’s deposits. A watch list of 500 banks and $8.5 billion in the red FDIC is requesting good banks to cough up $23 billion.
Alice was extricated from the wonderland system by falling into a bottomless hole. When will US taxpayers wake up to the Fed’s newest wonderland scheme called “Reverse Repo”? Fed has pumped trillions of borrowed dollars into the banking system. Congress continues to lead taxpayers deeper into debt with interest bequeath to the FRS.
Congress was told that a $700 billion bailout would be used by banks to unfreeze an illiquid system. Banks have no intention on injecting liquidity into the economy because it would only bring about hyperinflation. The problem is excess credit produced outside of the FRS by a $600 trillion plus fraudulent, unregulated derivatives industry.
How does FRS drain the global economy of excess derivative dollars before they are released into a global economy thereby producing hyperinflation? Fed has allowed a recession to establish roots and swapped toxic assets at inflated prices for taxpayer debt. The Fed in return repurchases taxpayers debt from primary bank dealers.
Fed will now reverse repo the very same taxpayer debt recently purchased by primary bank dealers for cash raised through leveraged taxpayer debt to third parties. The deeper Alice the taxpayer ventures into financial wonderland the more “curiouser and curiouser” the Fed becomes.
Fed will conduct another reverse repo in the future and buy back taxpayer debt at an even higher price. This will create more excess liquidity then before and shorten the time for a hyperinflationary explosion. At this point taxpayers will have slipped deeper into a wonderland of financial debt.
Fed will once again rearrange the chairs around a circular table. Banks will end up with larger excess reserves in the system. Fed will have taxpayer debt on its balance sheet. Fed will claim should banks start lending excess reserves into the economy hyperinflation will surge.
Any exit strategy by the Fed represents a change in policy and should be interpreted as a sign the situation has changed on the ground. Eventually a door will lead back to a hallway of financial crisis with many doors. The key is to find the door that allows taxpayers to break perpetual deficit spending.
Please make a Donation here
Thank you
As long as taxpayer Alice is experiencing a hallucinary global financial crisis time is running out on defusing the mother of all hyperinflationary explosions. A Hyperinflation explosion will probably crush the dollar making Weimar Republic and Zimbabwe seem like the pageantry of the King of Heart’s court.
The banking industry continues to deflate through conscript consolidation by forcing good banks to cover the losses of bad banks. FDIC has access to $500 billion of taxpayer’s debt to cover $4.5 trillion in taxpayer’s deposits. A watch list of 500 banks and $8.5 billion in the red FDIC is requesting good banks to cough up $23 billion.
Alice was extricated from the wonderland system by falling into a bottomless hole. When will US taxpayers wake up to the Fed’s newest wonderland scheme called “Reverse Repo”? Fed has pumped trillions of borrowed dollars into the banking system. Congress continues to lead taxpayers deeper into debt with interest bequeath to the FRS.
Congress was told that a $700 billion bailout would be used by banks to unfreeze an illiquid system. Banks have no intention on injecting liquidity into the economy because it would only bring about hyperinflation. The problem is excess credit produced outside of the FRS by a $600 trillion plus fraudulent, unregulated derivatives industry.
How does FRS drain the global economy of excess derivative dollars before they are released into a global economy thereby producing hyperinflation? Fed has allowed a recession to establish roots and swapped toxic assets at inflated prices for taxpayer debt. The Fed in return repurchases taxpayers debt from primary bank dealers.
Fed will now reverse repo the very same taxpayer debt recently purchased by primary bank dealers for cash raised through leveraged taxpayer debt to third parties. The deeper Alice the taxpayer ventures into financial wonderland the more “curiouser and curiouser” the Fed becomes.
Fed will conduct another reverse repo in the future and buy back taxpayer debt at an even higher price. This will create more excess liquidity then before and shorten the time for a hyperinflationary explosion. At this point taxpayers will have slipped deeper into a wonderland of financial debt.
Fed will once again rearrange the chairs around a circular table. Banks will end up with larger excess reserves in the system. Fed will have taxpayer debt on its balance sheet. Fed will claim should banks start lending excess reserves into the economy hyperinflation will surge.
Any exit strategy by the Fed represents a change in policy and should be interpreted as a sign the situation has changed on the ground. Eventually a door will lead back to a hallway of financial crisis with many doors. The key is to find the door that allows taxpayers to break perpetual deficit spending.
Please make a Donation here
Thank you
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