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Dec 18, 2008

financial collapse: they're doing it on purpose

London Banker: "The market has failed, and officialdom is perpetuating that failure."

By Mike Whitney

It is now clear to me that policy makers in the West are determined to apply every available resource to underpinning failure, misallocation and executive excess. As
this discourages the honest saver from parting with cash, policy makers are ensuring
that deflation will wreak its havoc on the financial and real economies of the world.

~:~

And I keep thinking that somehow, Bernie Madoff is part of the script. "Are there other Bernie Madoffs out there?" asked an NPR reporter, money-in-mattress jokes are in the air, and soon it will be, "please sir, whatever system you want to impose is okay by me."

The "arrows in the quiver" of the Fed are sparse as they work 'so hard' to put a bottom to the catastrophe. The foxes guard the hen house they raided themselves and corporations do their part by laying off thousands of workers at a pop.

Makes me want to send Bush a pair of musty shoes as they pry his knarly fingers from the White House doorjamb - his mission accomplished, the agenda followed to a T...the undermining and bankrupting of America.

Here's the very first post here at Stars Over Washington from Oct 16, 2005, titled, 'George W. Bush July 6, 1946' with Adriano Carelli's description of Bush's Ascendant degree '8Leo' added: the burning bush, which may make more sense now that the Bush jig is almost up.

3 comments:

Anonymous said...

Okay!! now this is what I have been saying. I read somewhere (god I wish could remember the author,etc.)a few years back during the first four years that this was the plan of the neocons/fascists/military/greedyguts-the plan is to have us on our knees and to then put in place the government they desire and pay us what They think we are worth-the military is already gathering on our ground here and camps have been built. I don't se what else could be going on. The trillion to Wall St/banks with absolutely no conditions set off all manner of bells in me and everything since then has left me frankly dizzy.
I don't believe in Obama as others do. I believe that he is put in place by the same forces that are bringing us down-I always have with a few moments at the end when I too was swept up in the Neptune fog-much like dancing at the Dead concerts.

Jude Cowell said...

Clymela, one word: totally.

Their plan is coming together at our expense, sad to say, and it's mindboggling how many people will soon be saying whaa-a-a? as if they weren't warned.

Still, I hope you have a wonderful Winter Solstice and thanks so much for your readership and helpful comments this year! jude

Jude Cowell said...

Ingrid, thanks! I'll be happy to place the link and let you know.

Please pardon that your comment published - when i okayed clymela's comment just now, yours published too even though it wasn't ticked (I hadn't read it yet!)

jude