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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GST who wrote (241247)3/17/2010 1:26:09 PM
From: Skeeter BugRead Replies (1) of 306849
 
>>The failures of the Fed are many and glaring, but the primary causes of our worst problems are not due to the existence of the Fed. The worst of our problems are due to our current account deficit -- and the Fed plays a relatively small role in having created this deficit.<<

so wall street bankers had no impact on the decision to gut our productive capacity, send it over seas and blow up our account deficit?

me thinks you are thinking too literally. big finance/money didn't centralize all their looting in one institution, rather, they control the money supply via the fed so they can create booms and busts as an asset stripping mechanism and then the people who really control the fed use their own powers to influence offshoring.

it is the same people above the fed and the banks that are doing this.

they are the den of vipers that need to be rooted out, but you have to consider that their organization isn't linear and due to a single organization.

the imf, the world bank, goldman sachs, jp morgan, deutche banks, the fed - all asset strip using their various powers and institutions
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