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To: siempre33 who wrote (88241)10/11/2008 7:12:01 AM
From: Chispas13 Recommendations  Read Replies (4) | Respond to of 116555
 
Marc Faber comment on US economy .... --

siempre33 (), 06:57:27 10/11/08 Sat (Voy forum)

Investment analyst and entrepreneur Dr. Marc FABER concluded his monthly bulletin (June 2008) with the Following:

''The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China . If we spend it on gasoline it goes to the Arabs. If we buy a computer it will go to India . If we purchase fruit and vegetables it will go to Mexico , Honduras and Guatemala . If we purchase a good car it will go to Germany . If we purchase useless crap it will go to Taiwan and none of it will help the American economy. The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only products still produced in US. I've been doing my part.'



To: siempre33 who wrote (88241)10/11/2008 10:11:30 AM
From: see clearly now1 Recommendation  Read Replies (2) | Respond to of 116555
 
So what is this all about?..Maybe you would be able to paraphrase this in a short paragraph?..like what is really going on....a wandering (since 1992?) 4 trillion + owed to the US by China now in a German Bank under whose name seems like a big deal?

"The Refunding Program involves special Capital Markets Instrument operations to be conducted transparently ON-THE-BOOKS with a group of financial institutions, centralised but in the private sector, with all proceeds fully taxed, yielding massive ongoing accruals to the US Treasury.

"The United States is bankrupt and is essentially in the hands of its creditors. The Refunding Program, which should have been kick-started in June 2006, will address and rectify this state of affairs, providing both immediate and long-term relief to the American people and the whole world.

This Program was hijacked in collusion with President George W. Bush Jr. and his father, George H. W. Bush Sr., in June 2006, by the Secretary of the United States Treasury, Henry M. Paulson Jr., who procured the placement with Goldman Sachs of the $4.5 trillion of funds remitted during May 2006 from China that were constantly referenced in our 'Wantagate' reports (terminated on 18th March 2008). Since Paulson had been CEO of Goldman Sachs until his sudden appointment as US Treasury Secretary in place of John Snow, this corrupt act has represented the most extreme instance of an official, criminal conflict of interest in financial history, as we pointed out at the time.

After we had kicked up a huge stink about this, Paulson had the funds abruptly removed to another institution, not least since Goldman Sachs was being accused of criminal conduct by this service.

Paulson and friends then proceeded to exploit, leverage, hypothecate, multiply and finally steal
these funds, which were intended by the remitter for The Refunding Program.

HOLDERS OF HIGHEST U.S. OFFICES ARE SPECIFICALLY RESPONSIBLE FOR THIS CRISIS
Hence, as we persisted in pointing out, the holders of the highest offices in the George W. Bush Jr. Administration were and are specifically and EXCLUSIVELY responsible for the catastrophe that has come about, and which we first predicted in our report dated 2nd September 2006, and in analyses published in July and August 2007 anticipating and confirming the financial 'train wreck'.

The reason that we were able to predict this 'train wreck' accurately was that we were following the CORRECT TRAIL, whereas the US and British 'Mainstream' media, having been compromised by multiple nefarious methods, 'bought' the CIA's COINTELPRO 'slide' that the financial crisis was attributable to 'subprime mortgages' (which have always existed). One of the 'Black' methods used to neutralise the press in the United Kingdom included the dissemination by rogue UK intelligence operatives of fantastic lies about the Editor of this service, which were fed to the press. Details of this operation will be revealed on this website at the appropriate time.

THE 'GREENSPAN-BUSH 'NEVER PAY SYNDROME'
Paulson's predecessor had travelled to China with Dr Alan Greenspan to procure the release by Chinese intelligence of the $4.5 trillion that had been held with the People's Bank of China since the arrest of Leo Wanta in Lausanne in July 1992. Outline details of the source of funds may be reviewed by accessing our report containing the text of the Petition for a Writ of Mandamus: this website (Archive: report dated 8th August 2007)."