27-09-2008, 03:16 AM
It's still very hard to peek behind the curtain at the back of the stage and definitively identify the ultimate puppetmaster villain, twirling his moustache and sniggering insanely.
Who is running this catastrophic game?
Is there a single cabal? Or are various powerful factions trying to get their share of the cake before we plunge into bank runs, currency collapses, anarchy and martial law?
Bush, with the full support of the supposed Democrat, Obama, has just handed Wall Street a trillion dollars of taxpayer money. This does nothing to solve the fundamental problem, which is overleverage, overlending and the Ponzi scheme of CDSs and derivitatives. All it does is hand major market players - from Soros to JP Morgan to hedge funds to national governments & sovereign wealth funds - a chance to be the first to run for the door with their bag of loot before disaster strikes.
The Russian, Chinese and various South American governments are seriously considering cashing in their chips, decoupling from the dollar, and getting out of US Treasuries as well as Equities. The hedge funds and the speculator class such as Soros are looking for the best bets around - which will inevitably destroy companies and national currencies. Bank runs, and bank collapses, are 100% inevitable.
And what does MSM do? It parrots the spin doctor line that the American people may eventually make a profit from Bush's bailout of Wall Street.
The Fourth Estate is guilty, yet again, of Betrayal and Treachery as we sleepwalk into Catastrophe.
Who is running this catastrophic game?
Is there a single cabal? Or are various powerful factions trying to get their share of the cake before we plunge into bank runs, currency collapses, anarchy and martial law?
Bush, with the full support of the supposed Democrat, Obama, has just handed Wall Street a trillion dollars of taxpayer money. This does nothing to solve the fundamental problem, which is overleverage, overlending and the Ponzi scheme of CDSs and derivitatives. All it does is hand major market players - from Soros to JP Morgan to hedge funds to national governments & sovereign wealth funds - a chance to be the first to run for the door with their bag of loot before disaster strikes.
The Russian, Chinese and various South American governments are seriously considering cashing in their chips, decoupling from the dollar, and getting out of US Treasuries as well as Equities. The hedge funds and the speculator class such as Soros are looking for the best bets around - which will inevitably destroy companies and national currencies. Bank runs, and bank collapses, are 100% inevitable.
And what does MSM do? It parrots the spin doctor line that the American people may eventually make a profit from Bush's bailout of Wall Street.
The Fourth Estate is guilty, yet again, of Betrayal and Treachery as we sleepwalk into Catastrophe.