Toxic Legislation for Toxic Debt

A Manufactured Crisis

Hi Everyone,

The reason I am writing this is to remind all those that may have forgotten, or never even heard of, how our current economic crisis mirrors the Stock Market crash that created the Great Depression. I understand that many people know about how terrible the Great Depression was and how it effected our economy. What most people don't know is how it was manufactured and how closely our current economic crisis resembles the Great Depression.

In the roaring 20s Wall St. banks decided it would be a good idea to allow regular people play the stock market by buying stocks with only 10% actual currency while the bank retained the remaining 90% ownership, yet allowing the trader to maintain 100% of the control. The catch was that the bank could call in these loans at anytime and the loan had to be paid within 24 hours. The loan was called a margin loan and when it was called in, that was called a Margin Call.

So, the sleeze behind the Banking system, names like Warsburg, J.P. Morgan, Rockefeller, Roosevelt and most notoriously, Rothschild, made the decision to deliberately crash the market by doing a widespread Margin Call. Calling in all these loans simultaneously resulted in many thousands of traders being forced to sell their stocks in order to immediately pay back their Margin Loans. This in turn led directly to the collapse of the Stock Market. There is a lot more to this story and many other BIG names to mention, but you can go Google that yourself. Just look it up and you'll find the truth.

Now let's come to present day with the Predatory Lending scandal that has ultimately led our economy to this point. Back in 2003 and 2004 several huge lenders owned by the same family names as mentioned above decided it would be a good idea to lend a great many billions of dollars to millions of Americans that simply could not afford the large loans they were receiving from these people. In turn, this created an inflated market value of Real Estate because so many people were competing to "flip" homes with their overrated loan approvals. This process created a housing market bubble that would last across a 3 year period. By late 2005 this bubble began to deflate, real estate values dropped like a rock and the crisis had begun.

At this point I would like to deviate for a moment to another event that occurred around Christmas time in 2005 that most people don't even know about. While most of Washington was away on winter vacation for the holidays, a most sinister agreement was pushed through Congress, the Senate and signed off on by President Bush himself. This agreement is called the North American Union Agreement (NAU) and basically makes Canada, the United States and Mexico borderless. This agreement ties the three economies together and essentially "Unifies" the three sovereign nations under one umbrella.

Read more here:

http://www.johnnyk4congress.com/blog/viewtopic.php?f=5&t=26

Agent Orange

Agent Orange of FL @ Sep 27, 2008 22:22:32 PM