A few of us reason that he will, just as sure as he pumped liquidity into international banks to fund dollar denominated speculative positions in last year’s Round II of the “Master plan”. When we reviewed AIGs uncensored schedule A, it was revealed to be a huge European Bank bailout of UBS (Switzerland), RBS, Coral and George Quay (Ireland), SocGen (France), BMO (Canada), Deutsch Bank (Germany), Barclays (Britain) and assorted other abbreviations which all indicate the old-money Anglo-Dutch financial oligarchy, behind which lies the generational banking dynasties of the Bilderbergers.
That said, the American taxpayer – through the Feds liquidity swaps and the AIG counterparty pass-through (most notable, but clearly in addition to countless other swindles) have already bailed out Europe in the first leg of the collapse. A rational thinker can only conclude that the secretive, unauditable FED will come to the rescue in the second leg of sovereign defaults.
Blathering over the U.S. losing its precious AAA rating is irrelevant. How can anyone with an ounce of common sense place any creedence in the advice of Fitch or Moody’s, these same co-conspirators (along with the FED and its free money legacy) who fraudulently blessed the very same ridiculously over-valued MBS and CDO derivatives that we are continually bailing out with “money” we simply print. America’s sovereign debt is the most ridiculous bubble of all, and to assign a triple A rating to it is as ludicrous as betting your entire net worth on the premise that the U.S. can somehow overcome the eventuality of death. The only caveat here is China’s huge USD reserves, and the peculiar inter-relational balance of the FX markets.
The question you must ask yourself, as your Federal Government, unbelievably yet willfully, prepares to hold you accountable to the gaming class losses in European real estate and debt speculation, what is your State doing to protect it’s citizens against the coming default?
As Nations, bloated with speculative debt from insolvent banks, now bail each other out, and speculators continue to emerge the only winners, while working class taxpayers again become the WORLD’S BIGGEST LOSER, does your State have a working plan to reverse the course of the globalist’ lunacy and return to fiscal sanity?
How about your County, maybe?
Or your Household?
As the Madison Avenue inspired propaganda machine on Capital Hill conjures up the next wave of lies, and cooks up a fresh new batch of shadow stats to cover up it’s backdoor bailout of Europe through the FED, is your State prepared to do anything about it, or just roll over and shit it’s pants?
North Dakota is looking warmer and warmer all the time.
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My comment is not for this particular post. It’s the way I view not only this post but your entire site. KEEP UP THE GREAT WORK!!! Our tax dollars has already made these white collar criminals too wealthy already!
But why should they think any different? We’ve bailed out these people several times over the past century. They knew the taxpayers money would come to the rescue when they entered their ‘den of theives’.