OpEdNews Op Eds

700 Billion Dollar Number Legitimizes Multi-Trillion Dollar Extortion

By BRANDON DEAN  Posted by waronyou (about the submitter)     Permalink       (Page 1 of 1 pages)
Related Topic(s): ; ; ; ; ; ; ; ; ; ; (more...) , Add Tags  (less...) Add to My Group(s)

Must Read 1  
View Ratings | Rate It

opednews.com


Sound American economics promoters have been pulling their hair out for years warning Americans of what is happening right now. What the mainstream economic "experts"- and bankers call the "business cycle"- is nothing more than the grinding of the economy up and down through compounded debt bubbles. These debt bubbles usually deflate into "recessions,"- but sometimes burst into "depressions."- The sub-prime mortgage collapse is a perfect example of this.

Now the Congress, with this bailout-which was roundly rejected by the American people-has once again slapped the people in the face by passing it, even referring to it in genuine Orwellian fashion as "the Rescue Plan."-

To imply that a few dozen of the richest individuals in this country (most of whom received multi-million dollar bonuses this last year) need to be given more of OUR money after losing all of theirs through bad business decisions is like saying O.J. Simpson didn't just go to jail today for kidnapping and armed robbery (because he did).

The most important factor, however, is that this "$700 billion"- number is a smokescreen. As of the week before the bailout was first rejected by the House, the Federal Reserve had already lent out over a TRILLION dollars to failing lenders. This is two weeks ago now. The number has shot up since then.

So while we've been bitching and moaning about this "bailout"- in Congress, the Fed has already surpassed their obscene price tag in spades.

Please understand what is happening right now: the rats are scurrying from the burning and sinking ship of our economy. This is completely pre-planned, as one of the few things standing between total world domination and the New World Order is these united States, and our super-power status. This status served the NWO well for decades, but our usefulness to their nefarious purposes has expired, I'm afraid. Now they are ready for their one world government-itching for it-and we must be turned into a third world nation before all can be set in place.
click here

 

The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact Editor

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

AIG subsidiary parties in style in OC, two weeks after bailout

Delta Force officer: US officials stopped plans to kill bin Laden

The missing SNL bailout skit - and the Soros connection

6 Brainwashing Techniques They're Using On You Right Now

California approves nurse-assisted suicide

Zeitgeist Addendum - Watch Now!

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
1 people are discussing this page, with 1 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)
I sent an email making a request for information a... by jeff prager on Tuesday, Oct 7, 2008 at 7:23:20 PM