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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: grusum who wrote (233702)12/18/2009 3:19:12 PM
From: Skeeter BugRead Replies (1) of 306849
 
>>one of the dual mandates that his job requires, is that he engineer full employment. in order to do that, he thought he should lower interest rates. that's where he's dumb.<<

that's NOT his job. that IS what he wants YOU to think his job is. THE PUBLIC MANDATE IS A LIE. the public mandate is disinformation DESIGNED to fool the marks - that would be the public, the people getting looted by his buddies.

>>he thought he was smart enough to know where interest rates should be. but no one knows that. when he lowered interest rates money got cheap and looked for a place to.<<

that was his intent. when money is backed by debt (money is debt) as in our banker devised monetary system, debt must continually be jacked ever higher or the ponzi scheme collapses.

since money is debt and interest is only accounted for by even more debt, ever more debt has to be geenrated - AND THAT IS EXACTLY WHAT GREENSPAN AND BERNANKE DID - FIND EVER MORE CLEVER WAYS TO KEEP DEBT EXPANDING.

that is their true mandate, not the lie they foist on their marks.

their system was mathematically guaranteed to eventually collpase, just as madoff's scheme was guaranteed to eventually collapse. they knew the end game was near, which is why they changed bankruptcy law in 2005. they know there is no saving the system, hence the naked looting.

>>thanks to creeps like dodd and fwank (as well as a few laws passed to promote the 'ownership' society') the cheap money found its way into housing. the dirty work was done and everything else followed. but it could have never started without greenspan and government interference.<<

the mega bankers (owners of the fed, goldman sachs, jp morgan, morgan stanley) were the root cause. the government just did the bidding of their corporate masters (that's all these people know how to do).

the job bernanke and the fed say they are doing IS NOT the actual job they are trying to do. if the public knew what they actually were trying to do, they'd execute them as traitors to the nation.

"Banking establishments are more dangerous than standing armies." Thomas Jefferson

these people are frauds with EVIL INTENT.
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