56 online
 
Most Popular Choices
Share on Facebook 10 Printer Friendly Page More Sharing
OpEdNews Op Eds   

Forget 2012: The Real Bomb Hits 2011 Warns TARP Watchdog

By       (Page 1 of 1 pages)   1 comment
Message Grant Lawrence
Today's latest report from the Congressional Oversight Panel makes it very clear that while things may feel relatively stable right now on the commercial real estate
front, the real bomb hits in 2011. Banks could lose $200 - $300 billion, and 'every American' could be affected.... Source: Business Insider.com

I know everyone is in to predictions on 2012. Some say it will be the end of the world or there will be some sort of Armageddon.

But I don't think we have anything to worry about. Because the big bomb is going to come in 2011 or sooner.

How do I know this?

Well let's just say a little birdie from the Congressional Oversight Panel told me.


Source: Business Insider.com

But it gets worse and here is my prediction:

When commercial real estate totally collapses in 2011, the government will just create another several trillion dollar bailout. Then the government will proceed to sell off nearly all of the assets of the United States and turn them over to private corporations. The government will say it can't pay for social security, medicare, and other social programs and shut those services down.

This is called an economic hit on the American people.

We just recently went through a huge economic hit with the bust of the real estate market bubble and the trillions of dollars Bankster Bailouts.

If you have been paying attention, you will notice the propaganda in the managed media is not that we shouldn't have given the Banksters trillions, but that we can no longer afford social security, medicare, medicaid, or any other social service.

The Big Lie told over and over (so people will believe it) is that people have to learn to live within their means and not depend on the government because we just can't afford a social safety net, according to the propaganda machine of the government/media complex. It is funny, however, that same reasoning is never applied to the too big to fail Banks and the Corporate Welfare Kings.

The final result from the final economic hit in 2011 is that there will be little or no public institutions and the mass slavery to the Big Banks and their enforcement arm, the Federal Reserve, will be complete.

Maybe it looks a bit grim. But like any prediction, it doesn't have to happen. We just need some people to wake up!

Or people can continue to get mad and go to a Tea Party run by the same corporate sell outs that brought them the Republican Party.

Somehow I think my prediction is pretty safe.
Must Read 2   Supported 2   Valuable 2  
Rate It | View Ratings

Grant Lawrence Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I am a progressive.

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

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

Whatever Happened to Nazi Synthetic Gas and Oil Technology? Scarcity Scams Examined

Death Panels Already Exist, They are Called Corporate Health Insurance Bureaucrats

The Most Important Development of the 20th Century: "The Coming of Buddhism to the West"

Why I Appreciate Atheists

American Southwest Geoglyphs--a Message to Ancient UFO Visitors?

Hannity's Hoaxes: The Uncharitable Scamming of the Gullible

To View Comments or Join the Conversation:

Tell A Friend