Posts Tagged ‘Financial Crisis’

When does it stop being a conspiracy?

Saturday, August 1st, 2009

tinfoil-hat1

For years throughout human history there have been the murmurings of dark alliances. Improbable and outrageous conspiracy theories regarding the “true” powers that controlled the world… and for years, despite evidence to the contrary, the people that have adamantly proselytized over and over that there was a “worldwide conspiracy to control the world by unseen powers” were dismissed as “alarmist” and “unbalanced”. While I do no argue that there are unbalanced people in this world recent world events have pushed some ugly truths out into the light.

The age old conspiracy was that there is a global international banking cartel that plots to subjugate every man, woman, and child on this earth through financial means is an old one. Growing up, I would watch as adults would guffaw in outrage and pass such ideas off as radical fringe behavior. I was guilty of the same behavior myself but the conspiracy cat is out of the proverbial bag at this point.

In a strange sort of way this financial collapse is a good thing for everyone (everyone who is paying attention that is…). Its positive in the regard that it has pushed into the light, the fact that the world’s banking and financial system DOES in fact run the civilized world. I don’t think it was planned this way but the “masterminds” behind this financial disaster forgot to include one important factor in their calculations, and that is the fact that greed takes on a life of its own and ends up consuming itself.

The financial institutions, investment firms, hedge funds and loan providers got so greedy, that its culminated into a “DEFCON 1″ scenario where the whole financial system was on the verge of total collapse. So in response, the insolvent banking systems, freshly “evaluated” from the recent government stress tests are now pillaging the very citizens in which they intended to enslave, and our government is in complete support of the saddling of insurmountable debt for many generations to come.

What does it say about the power structure in this country and more importantly, the world when the flailing banking and financial industry has consumed itself in endless greed and now crawl back to world governments and begged for bailouts? The government gives the banking system the bailouts they groveled for and in response, the banks take the money that the citizens have loaned them by proxy and then re-loan our money back to us with interest!

How much more uncapitalist can you get? So my question is “when does it stop being a conspiracy and start becoming fact?”.

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Sign petition to keep wall street bailout debts off our plates!

Wednesday, September 24th, 2008

Much like the Patriot act, one of the most unjust and and insidious pieces of legislation is about to get railroaded through congress right under the noses of the American people. The proposed Wall Street bailout tailored by Treasury secretary Henry Paulson and the Bush administration is good for “Wall Street” but devastating for “Main Street”.

In the latest Rasmussen poll, only 7% of the America supports a bailout of Wall Street, and when there are already financial experts and professors stating that this bailout is unnecessary, this attempted robbery of the American people cannot go unchecked. Please sign the petition over at Public Citizen. Take 3 minutes out of your day to have your voice heard.

If this bailout act passes it is tantamount to making almost every American citizen a slave. Here’s an idea… Why don’t we try what Sweden did in the early 1990s to save their insolvent banking system?

Sign here

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