Now is a great time for an international corporate cartel (ICC) to demonstrate inclusiveness within their new world order. ICC’s new world order has turned capitalism upside down. Profits and losses are irrelevant, accepted accounting procedures have been trashed and truth in lending no longer applies.
Thousands of public workers in California, Illinois, Wisconsin and other states face adverse state budget cuts that will strip most public employees of nearly all of their collective negotiated gains. Do the governors of these states dare do the same to the pensions of law enforcement?
Yes if they are going to rely on their national guards to protect their bacons. Could public and private IRA’s and 401 K’s be in site of the cross hair? Budget cuts by state governments are only the tip of the iceberg. Stealthily moving through congress is a bill that will allow states to default and file for bankruptcy.
Currently state governments cannot seek protection under federal bankruptcy laws. Once states are able to go belly up an ICC negotiator will come in and offer government property at a discount to the very institutions receiving bailouts. These decisions are similar to medical decision implemented under the new Health Care law.
Home owners who were current on their mortgages should have been bailed out. International banks would have failed but home owners would realize trillions in home equity credit and simulated the economy. Instead The Taxpaying Majority (TTM) is bracing for QE 3 which will increase inflation around the world, continue to devalue all currencies.
Food, shelter, clothing and fuel will increase exponentially. Who is going to bail out the bailers? It’s the public employees; federal, state and local law enforcer including the taxpaying majority that guarantees the ICC bail out. What brought down the USSR were not a nuclear war but a sovereign bond debt crisis and an endless war in Afghanistan.
When it come to saving these TTM there is no one left. The game is up. TTM now owes and guarantees trillions of dollars to the very same ICC they saved from bankruptcy. What happened to the 1917 law which allows the federal government to confiscate the hoarding cash of the bailed out during a national emergency?
Friday, February 18, 2011
Tuesday, December 7, 2010
Are You Serious?
Let’s see if I got this right? An international financial cartel (IFC) developed exotic financial instruments that are not examined, regulated nor understood by government authorities. IFC’s business model begins to implode because of a predictable design flaw. IFC agents in the executive, judicial and congressional branches of government go into action.
Their job is to convince the American taxpaying majority to accept liability for debt created by the IFC. First they create a story of how the global economy would have crashed in 2008 if they had not stopped a run on their banks. To date no one has been identified as the perpetrator of this run.
This bank run could be another J P Morgan fat finger script from the 1920’s. Next they threaten the taxpaying majority (TTM) with martial law if Americans did not guarantee a $23 trillion dollars plus largess. IFC cadres promise to repay TTM and turn the economy around.
IFC talks about fighting deflation even as they orchestrate an economic downturn. After IFC receives $350 billion it decides to keep the money instead of making loans. A lack of lending only makes the economic environment worst. IFC concocts a new scheme. Remember IFC is broke and the sovereign debt crisis is their way of getting bailed-out.
IFC an insolvent banking model that borrowed billions of dollars from TTM at 0.25% begins to purchase treasury securities while charging TTM interest at 3.25 %. How is this achieved? Through deficit spending. If the airport body scanner was the gas chambers of Auschwitz would you walk through?
Their job is to convince the American taxpaying majority to accept liability for debt created by the IFC. First they create a story of how the global economy would have crashed in 2008 if they had not stopped a run on their banks. To date no one has been identified as the perpetrator of this run.
This bank run could be another J P Morgan fat finger script from the 1920’s. Next they threaten the taxpaying majority (TTM) with martial law if Americans did not guarantee a $23 trillion dollars plus largess. IFC cadres promise to repay TTM and turn the economy around.
IFC talks about fighting deflation even as they orchestrate an economic downturn. After IFC receives $350 billion it decides to keep the money instead of making loans. A lack of lending only makes the economic environment worst. IFC concocts a new scheme. Remember IFC is broke and the sovereign debt crisis is their way of getting bailed-out.
IFC an insolvent banking model that borrowed billions of dollars from TTM at 0.25% begins to purchase treasury securities while charging TTM interest at 3.25 %. How is this achieved? Through deficit spending. If the airport body scanner was the gas chambers of Auschwitz would you walk through?
Monday, October 25, 2010
Ninja and derivatives
Ninja was able to acquire mortgages in the billions of dollars. Yet Ninja was only the fuse, the wick, the accelerant that started the fire. By acting as the igniter, Ninja has become the Osama Bin Laden of a global MBS industry. In 2005 the FBI raised concern about a massive mortgage fraud rolling down the housing industry path.
Teaser loans, liar loans, interest only loans or no income loans became legitimate lending transaction. Trying to protect Banks form their lack of fiduciary duty and due diligence will not solve a global financial fraud. Does a house foreclosed because of a fraudulent default by Ninja qualify as a clear title instrument held as a bank asset?
Does a bank have a right to sell a sliced and diced mortgage plus assign the new mortgage to another MBS? The great depression generation would say “You can’t have your cake and eat it too”. Bottom line is municipalities, pension fund and global investor were sold bonds that were created, designed and expected to implode.
In fact the chumps, suckers and bamboozled are those that are being penalized for doing the right thing by paying their property taxes.
Why would a lobbied, purchased and paid for congress encourage the housing industry a make loan to someone with no income, no job and no assets? The taxpaying majority (TTM) now realize the serious money is made when the mortgage is in default.
This is why does TTM own AIG. The big money is being made by those who took out insurance on an inevitable housing crash. Tranches were designed and sold according the length of time it would take Ninja to stop paying the mortgage. Is this another form of fraud, racketeering and theft? It’s no different from a hot water heater that breaks down one month after it warranty expires.
An appliance malfunction is scientifically and mathematically calculated base on stress, metal fatigue or chip design. Banks are foreclosing on properties that are underwater in value, marking them above market price and exchanging these toxic assets for treasuries. Qualified borrower might end purchasing property at inflated prices with a defected title.
Investment banks, title companies, rating agencies and insurance companies may be liable for breach of warranty representation in an MBS pool but TTM will pay the bill. The MBS debt could be as high as $40 trillion. When it comes to congress doing the biding of it master both political parties have no hesitation.
Congress passed legislation which grandfathers, circumvents and repeals title procedures regarding property. If a notary can sign and stamp a document before a borrower’s signature is penned on the agreement, notary guidelines been repealed. Does the current owner of a repossessed property continue paying down a mortgage on house where an illegal eviction took place?
Will banks once again become insolvent because MERS owes municipalities hundreds o f billions in deflating dollars. TTM have a clearer picture of a planned multi-decade scams that has left it holding a bag full of caca. The Federal Reserve chairman has not denied systematic weakness lead to improper foreclosures.
In other words some repossessed homes are now occupied by borrowers who legally could be trespassing. When the chairman of the Federal Reserve takes violations of proper procedures seriously it is an admission to deficiencies within a global MBS market. What the chairman did not acknowledge was the currency plunge that took place on 10/22/2010, Friday evening after markets closed.
Teaser loans, liar loans, interest only loans or no income loans became legitimate lending transaction. Trying to protect Banks form their lack of fiduciary duty and due diligence will not solve a global financial fraud. Does a house foreclosed because of a fraudulent default by Ninja qualify as a clear title instrument held as a bank asset?
Does a bank have a right to sell a sliced and diced mortgage plus assign the new mortgage to another MBS? The great depression generation would say “You can’t have your cake and eat it too”. Bottom line is municipalities, pension fund and global investor were sold bonds that were created, designed and expected to implode.
In fact the chumps, suckers and bamboozled are those that are being penalized for doing the right thing by paying their property taxes.
Why would a lobbied, purchased and paid for congress encourage the housing industry a make loan to someone with no income, no job and no assets? The taxpaying majority (TTM) now realize the serious money is made when the mortgage is in default.
This is why does TTM own AIG. The big money is being made by those who took out insurance on an inevitable housing crash. Tranches were designed and sold according the length of time it would take Ninja to stop paying the mortgage. Is this another form of fraud, racketeering and theft? It’s no different from a hot water heater that breaks down one month after it warranty expires.
An appliance malfunction is scientifically and mathematically calculated base on stress, metal fatigue or chip design. Banks are foreclosing on properties that are underwater in value, marking them above market price and exchanging these toxic assets for treasuries. Qualified borrower might end purchasing property at inflated prices with a defected title.
Investment banks, title companies, rating agencies and insurance companies may be liable for breach of warranty representation in an MBS pool but TTM will pay the bill. The MBS debt could be as high as $40 trillion. When it comes to congress doing the biding of it master both political parties have no hesitation.
Congress passed legislation which grandfathers, circumvents and repeals title procedures regarding property. If a notary can sign and stamp a document before a borrower’s signature is penned on the agreement, notary guidelines been repealed. Does the current owner of a repossessed property continue paying down a mortgage on house where an illegal eviction took place?
Will banks once again become insolvent because MERS owes municipalities hundreds o f billions in deflating dollars. TTM have a clearer picture of a planned multi-decade scams that has left it holding a bag full of caca. The Federal Reserve chairman has not denied systematic weakness lead to improper foreclosures.
In other words some repossessed homes are now occupied by borrowers who legally could be trespassing. When the chairman of the Federal Reserve takes violations of proper procedures seriously it is an admission to deficiencies within a global MBS market. What the chairman did not acknowledge was the currency plunge that took place on 10/22/2010, Friday evening after markets closed.
Monday, October 18, 2010
Rocks and Hard Places
The Taxpaying Majority (TTM) has not forgotten about those toxic assets the “To Big To Fail” exchanged for treasury instruments. Those toxic assets such as MBS, CDO, CDS and other forms of derivative were said to be worth pennies on the dollar and backed by the housing market.
Remember pennies are those ancient, barbaric relics that cost more to produce then what they are able to purchase. What can TTM buy with a penny, nothing? Toxic Assets (underwater homes mortgages) were swapped for the full faith and credit of the US Government instruments.
It was the sub-prime implosion that initiated the current financial crisis. Now that banks are assuming title to their toxic assets, will they be able to meet requirements set by Basel 3? Can municipalities expect property tax payments from TBTF?
If a private banking institution forecloses on a property will congress stop looking further into the racketeering, scams and fraud? It was not only banks that are party to a flawed document process. How can banks proceed with foreclosures when others involved in the document process may have committed fraud?
Flawed documents were submitted by rating agencies, realtors, mortgage brokers, lawyers, appraisers and other involved in the process. TTM has not forgotten about the traunches. Where a mortgage was chopped into piece, each piece was repackaged into a separate pool and sold as AAA paper.
Which part of the mortgage that was sold to the Fannie and Freddie does the bank own? Does the central bank FRS also need to get these toxic assets of it books in order to comply with Basel 3? Then there is Ninja with no income, no job, no assets or address. Check with FBI field agents who raised a red flag back in 2005.
It is only through a conquered, captured and controlled government such a massive treasury heist continues to take place. TTM realizes that all three branches of government have abandon their fiduciary duty and capitulated, compromised and cede to an International Financial Cartel (IFC).
Remember pennies are those ancient, barbaric relics that cost more to produce then what they are able to purchase. What can TTM buy with a penny, nothing? Toxic Assets (underwater homes mortgages) were swapped for the full faith and credit of the US Government instruments.
It was the sub-prime implosion that initiated the current financial crisis. Now that banks are assuming title to their toxic assets, will they be able to meet requirements set by Basel 3? Can municipalities expect property tax payments from TBTF?
If a private banking institution forecloses on a property will congress stop looking further into the racketeering, scams and fraud? It was not only banks that are party to a flawed document process. How can banks proceed with foreclosures when others involved in the document process may have committed fraud?
Flawed documents were submitted by rating agencies, realtors, mortgage brokers, lawyers, appraisers and other involved in the process. TTM has not forgotten about the traunches. Where a mortgage was chopped into piece, each piece was repackaged into a separate pool and sold as AAA paper.
Which part of the mortgage that was sold to the Fannie and Freddie does the bank own? Does the central bank FRS also need to get these toxic assets of it books in order to comply with Basel 3? Then there is Ninja with no income, no job, no assets or address. Check with FBI field agents who raised a red flag back in 2005.
It is only through a conquered, captured and controlled government such a massive treasury heist continues to take place. TTM realizes that all three branches of government have abandon their fiduciary duty and capitulated, compromised and cede to an International Financial Cartel (IFC).
Sunday, October 10, 2010
The Greatest Threat
US military might is watched globally with shock and awe. The US military which can deploy assets on, under and above any surface on the planet has encountered an enemy with a Dooms Day Weapon (DDW). This DDW is another ancient, barbaric relic which once again has been summoned from the abyss.
Use of this DDW could be why the US forces find itself bogged down in a protracted engagement in the Middle East? What type of enemy assets is the US military encountering on the battlefield? No air power, no space weapons or sea power only an occasional IED and thousands of AK 47s. God bless the US bravest and finest for their sacrifices.
Al Qaeda, Taliban, Terrorism or Islamic extremist have no military equivalent to US weaponry. So what is the DDW supporting a ragtag battlefield opponent? Who is the power behind terrorism? Who is laundering money for the enemy? How is the enemy able to keep the deception, distraction and delusion going?
First they must capture, control and compromise western governments into doing their bid. Western Governments that have been infiltrated by treasonous, unpatriotic agents involved in a global ponzi scheme. This is probably how an International Financial Cartel (IFC) reinvented the ultimate weapon that has bought down many western powers.
The IFC profits from the illusion of fiat deficit spending and perpetuates the myth of the necessity of all forms of income tax confiscation. Dropping fiat currencies from black helicopter (QE2) is not the same as the taxpaying majority (TTM) depositing money into banks that make loans to entrepreneurs.
Deficit spending is proving to be the Greatest Threat and ultimate DDW to the U S of A, the taxpaying majority and its military service personnel
Use of this DDW could be why the US forces find itself bogged down in a protracted engagement in the Middle East? What type of enemy assets is the US military encountering on the battlefield? No air power, no space weapons or sea power only an occasional IED and thousands of AK 47s. God bless the US bravest and finest for their sacrifices.
Al Qaeda, Taliban, Terrorism or Islamic extremist have no military equivalent to US weaponry. So what is the DDW supporting a ragtag battlefield opponent? Who is the power behind terrorism? Who is laundering money for the enemy? How is the enemy able to keep the deception, distraction and delusion going?
First they must capture, control and compromise western governments into doing their bid. Western Governments that have been infiltrated by treasonous, unpatriotic agents involved in a global ponzi scheme. This is probably how an International Financial Cartel (IFC) reinvented the ultimate weapon that has bought down many western powers.
The IFC profits from the illusion of fiat deficit spending and perpetuates the myth of the necessity of all forms of income tax confiscation. Dropping fiat currencies from black helicopter (QE2) is not the same as the taxpaying majority (TTM) depositing money into banks that make loans to entrepreneurs.
Deficit spending is proving to be the Greatest Threat and ultimate DDW to the U S of A, the taxpaying majority and its military service personnel
Saturday, September 18, 2010
Deflation Begets Hyperinflation
The taxpaying majority (TTM) are about to experience the endgame of a deflationary fiat currency. In the future a shopping cart of fiat dollars used to purchase a grocery bag of food is not only deflationary but exemplifies hyperinflation. TTM may ask how a thousand fold increases in the amount of dollars needed to make such a purchase be deflationary and hyper inflationary.
Because TTM’s currency is tied to lobbying and purchasing a capitulated, captured and controlled government it is easy to become conned by this deflationary sleight of hand. TTM must remember that the purchasing power of their currency is being exterminated with extreme prejudice every time government deficit spends, prints dollars and abuses its credit line beyond what is needed to continue governance.
Deficit printing and borrowing dollars only acerbates and delays a day of reckoning when hyperinflation will come roaring to life. As the purchasing power of the dollar deflates prices will have to decrease to fight of hyperinflation. One way of keeping prices down is by lying off more employees. At the same time the equities stock market experiences inflation by computerized front running deep pool HFT as synthetic profits yield obscene commissions and bonuses in a 21% unemployment environment.
TTM is no longer able to borrow a half a million dollars to purchase a price depreciating, deflating housing asset through undisciplined, unregulated and abusive debt financing because of a collapsing credit market. Therefore the price of housing will continue to fall until an acceptable universal accounting, rating and leveraging system is reestablished.
Meanwhile inside the Euro zone Greek interest rates inflate as global investors prepare to pour monies into a illusionary secure deflating interest rate in US Treasuries. The bottom of a deflating credit market must include an unwinding of a $1.5 quadrillion derivatives market. The credit market collapse continues to fuel the current deflationary recession.
As banks hoard monies acquired through a false flag financial operation they prohibit the expansion of credit which is one essential ingredient required to inflate the economy out of the current recession.
Because TTM’s currency is tied to lobbying and purchasing a capitulated, captured and controlled government it is easy to become conned by this deflationary sleight of hand. TTM must remember that the purchasing power of their currency is being exterminated with extreme prejudice every time government deficit spends, prints dollars and abuses its credit line beyond what is needed to continue governance.
Deficit printing and borrowing dollars only acerbates and delays a day of reckoning when hyperinflation will come roaring to life. As the purchasing power of the dollar deflates prices will have to decrease to fight of hyperinflation. One way of keeping prices down is by lying off more employees. At the same time the equities stock market experiences inflation by computerized front running deep pool HFT as synthetic profits yield obscene commissions and bonuses in a 21% unemployment environment.
TTM is no longer able to borrow a half a million dollars to purchase a price depreciating, deflating housing asset through undisciplined, unregulated and abusive debt financing because of a collapsing credit market. Therefore the price of housing will continue to fall until an acceptable universal accounting, rating and leveraging system is reestablished.
Meanwhile inside the Euro zone Greek interest rates inflate as global investors prepare to pour monies into a illusionary secure deflating interest rate in US Treasuries. The bottom of a deflating credit market must include an unwinding of a $1.5 quadrillion derivatives market. The credit market collapse continues to fuel the current deflationary recession.
As banks hoard monies acquired through a false flag financial operation they prohibit the expansion of credit which is one essential ingredient required to inflate the economy out of the current recession.
Monday, September 13, 2010
Can The Fed meet Basel benchmarks?
The Taxpaying Majority has not read the two thousand plus page financial reform bill that was recently passed by a congress that also didn’t read the bill. It is possible banking lobbyist submitted legislation that will finally rescue the banking system.
Being proactive, lobbyist may have inserted stringed measures, which meet Basel 3 rules and will prevent another bank bailout? Based on the Fed’s balance sheet can it meet capital requirements set under Basel 3? Can the Fed successfully lobby the Senate and President to translate into law and regulation requirements set under the Basel 3 rules?
Will passage of Basel 3 financial requirements prevent another trillion-dollar financial stimulus package as due date approach? Can the Federal Reserve System (FRS) meet a minimum common equity requirement of 4.5% plus a capital conservation buffer of 2.5%?
How much in dollars is 10% of Fed total capital? Will selling toxic asset back to bailed out banks qualify the Fed as compliant before January 1, 2015? What will be the new leverage ratio under Basel 3? What will returns look like under greater constraints on earnings distribution,discretionary bonuses and high dividends?
Will a counter cyclical buffer prevent another round of excess aggregate credit growth such as in the treasury market? How much is a minimum Tier 1 leverage ratio of 3%? Will a combination of capital surcharges; contingent capital and bail-in debt regulate the Fed sufficiently to prevent another credit crises.
According the Basel 3 rules the Fed has 2 years and 3 months to get its act in order.
Being proactive, lobbyist may have inserted stringed measures, which meet Basel 3 rules and will prevent another bank bailout? Based on the Fed’s balance sheet can it meet capital requirements set under Basel 3? Can the Fed successfully lobby the Senate and President to translate into law and regulation requirements set under the Basel 3 rules?
Will passage of Basel 3 financial requirements prevent another trillion-dollar financial stimulus package as due date approach? Can the Federal Reserve System (FRS) meet a minimum common equity requirement of 4.5% plus a capital conservation buffer of 2.5%?
How much in dollars is 10% of Fed total capital? Will selling toxic asset back to bailed out banks qualify the Fed as compliant before January 1, 2015? What will be the new leverage ratio under Basel 3? What will returns look like under greater constraints on earnings distribution,discretionary bonuses and high dividends?
Will a counter cyclical buffer prevent another round of excess aggregate credit growth such as in the treasury market? How much is a minimum Tier 1 leverage ratio of 3%? Will a combination of capital surcharges; contingent capital and bail-in debt regulate the Fed sufficiently to prevent another credit crises.
According the Basel 3 rules the Fed has 2 years and 3 months to get its act in order.
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