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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (94746)2/26/2009 3:52:48 PM
From: roguedolphin1 Recommendation  Respond to of 116555
 
What the hell have they done to our country???
SliderOnTheBlack sums it up....
Message 25446164

"Bum Rush Bailout II:

This bill was written by lobbyists, and approved by the committee
chairmen, and then crammed down the throats of Congress with
Obama's demand that this must be passed now... before Congress
even had time to READ the bill, and without American TAXPAYERS
even getting a chance to see it, let alone voice an opinion on it.

That my friends... is totalitarianism and fascism in action....

....Until we see justice, the end of the "bum rush" bailouts, and
the brunt of the War on Terror being directed at the American
people, with an all out frontal assault on the Constitution
and the Bill of Rights...

I stand by my statement, that our government has been hijacked
(in broad daylight) and that we are witnessing the literal
"controlled demolition" of the United States, where the
"shadow government" will take advantage of this crisis to
implement their scripted new world order, robbing America of
it's sovereignty, and taxpayers of their jobs, their savings,
and their retirement. And ultimately folding this country into
a global government run by, of, and for the elites, and enforced
by the American Military and the Intelligence agencies, turned on
and against the people."

******

Message 25446164
To: inchingup who wrote (15842) 2/26/2009 10:29:36 AM
From: SliderOnTheBlack 14 Recommendations Read Replies (2) of 15876

re: "Aren't the liars and cheats supposed to be prosecuted?"

Amen brother!

There are three things about this entire collapse that
I can't get out of my craw...

1. Why aren't people going to jail?

For me the poster child is Franklin Raines of Fannie Mae.

He cooked the books.

He committed fraud.

And he paid himself millions of dollars in salary and bonuses
for profits and earnings that never existed, before ultimately
bankrupting Fannie Mae.

He did exactly what Bernie Ebbers and the guys at Enron did.

Why isn't Franklin Raines in jail?

And not only is he not in jail, he received a $1oo Million Dollar+
golden parachute?!?!

Why haven't there been clawbacks on Rubin, Paulson (the two
chief architects along with Greenspan of this entire debacle),
Angelo Mozilo, Jimmy Cayne, Fuld, Thain, and every single
banking CEO who needed taxpayer TARP funds to survive.

Attach mandatory clawbacks as a requirement of receiving
Taxpayer/TARP funds -- period. And make it retroactive.

...return the money, or pay the clawback.

If you need taxpayer money to survive, give back the millions
you stole via non-existant, ponzi scheme, paper profits.

It will keep a lot of banks from taking TARP money and levering
up and buying other banks, parking the money in Treasuries, or
or playing inside baseball by trading against the market (on
insider information) like Goldman is doing, as their branch
office formerly known as the US Treasury picks winners and losers.

2. Bum Rush Bailouts I & II

Bum Rush I: Hank Paulson calls Congress behind closed
doors, and in a "secret meeting" threatens them with Martial Law
if they do not hand him an $800 Billion Dollar bailout check
for the banksters, with a blank check guarantee/backstop, and
immunity for him!

Obama is elected and promises to never let than happen again,
and promises to post all further bailout and stimulus packages
online for at least five days, giving Congress time to debate,
and the American taxpayer time to read the bill, and express
their voice to their elected representatives.

But, that didn't happen, and instead we got...

Bum Rush Bailout II:

This bill was written by lobbyists, and approved by the committee
chairmen, and then crammed down the throats of Congress with
Obama's demand that this must be passed now... before Congress
even had time to READ the bill, and without American TAXPAYERS
even getting a chance to see it, let alone voice an opinion on it.

That my friends... is totalitarianism and fascism in action.

Our government has literally been taken over and hijacked.

Congress is nothing more than an extorted,and blackmailed
rubber stamp.

3. The Fascist State: Patriot Acts I & II, The Bush Executive Orders,
The John Warner Defense Act, FEMA Camps, and Gun Grab Bills etc.

Why is the so-called "War on Terror" being primarily directed
at the American people?

-- Threats of Martial Law.
-- Congress being extorted, blackmailed, and removed from the political process.
-- NSA openly spying on, and data mining files on not just politicians and journalists, but the entire American public.
-- A new Obama "Domestic Security Force" equally manned, and funded
as the military!?!?! WHY" For what purpose?
-- New Dept. of Defense & FEMA domestic prison camps - WHY?
-- Still uncontrolled borders and a blind eye to the collapse
of the Mexican Narco State.
-- Military bases in 130 of the worlds 160 countries, and a
Defense Budget that exceeds that of the rest of the world combined?
-- A Carbon Tax to be paid to the World Bank-ster Gangsters.
-- Tax Hikes to recapitalize Ponzi Scheme Bankers & Bigger Government

Until we see justice, the end of the "bum rush" bailouts, and
the brunt of the War on Terror being directed at the American
people, with an all out frontal assault on the Constitution
and the Bill of Rights...

I stand by my statement, that our government has been hijacked
(in broad daylight) and that we are witnessing the literal
"controlled demolition" of the United States, where the
"shadow government" will take advantage of this crisis to
implement their scripted new world order, robbing America of
it's sovereignty, and taxpayers of their jobs, their savings,
and their retirement. And ultimately folding this country into
a global government run by, of, and for the elites, and enforced
by the American Military and the Intelligence agencies, turned on
and against the people.

There is a very small window in which Americans must not only
wake up, but take action.

Tick, Tock...

S.O.T.B.



To: mishedlo who wrote (94746)2/26/2009 4:21:08 PM
From: roguedolphin  Respond to of 116555
 
"When people finally lose everything.
And when they have nothing more to lose.
They will lose it."

Futurist and Trend Forecaster Gerald Celente

SliderOnTheBlack with more on the controlled demolition of the USA.....
Message 25446344

To: Zincman who wrote (15847) 2/26/2009 11:36:27 AM
From: SliderOnTheBlack 8 Recommendations Read Replies (2) of 15877

re: ["This will only happen after the people riot and demand
it.. Until then, they will keep doing what is working..."]

Futurist and Trend Forecaster Gerald Celente said it best:

"When people finally lose everything.
And when they have nothing more to lose.
They will lose it."

It's when, not if...

People have seen their 401K's and Mutual Fund holdings
whacked by 50%. The housing crisis has collapsed home
values by 20-40%. Credit has been shut off. Jobs are
disappearing and pensions being vaporized. State and
local governments are going bankrupt in America, as is
half of Europe. And the entire financial system has
turned out to be one giant ponzi scheme, and the banksters
have run off with all the cash, and now taxpayers are
being forced to bailout gangsters with the last of
their remaining assets, and by mortgaging their children's
futures... while having their rights and liberties
stripped away under the guise of protecting them.

I read a very interesting research report in which they
predicted a social breakdown and mass protests starting
by mid-2010 in America.

A key part of their thesis was the passing of 3 six month
unemployment compensation cycles. With tens of millions of
Americans falling off unemployment, and having no safety
net, or means of economic sustainability.

We already know that America had a negative savings rate,
and was living on credit for nearly a decade. And that's
even more true for the lowest 25% of the US population,
which literally has NO MONEY, NO SAVINGS, and NO CASH in
the bank.

They are literally living paycheck to paycheck. And when
that paycheck, government welfare, or unemployment check
disappears, chaos will soon erupt.

But... a key part of Obama's stimulus package was the extension
of unemployment and social welfare benefits.

That literally bought them time.

While that's good news, and literally a lifeline for the lower
socio-economic class, it's bad news for the rest of America,
because it buys them time to continue to collapse a matrix
of command & control around the rest of us.

Unemployment will continue to rise among the middle and upper
middle white, and blue collar classes. But, they will have a
safety net of savings, and 401K's in which to draw down.

Also, small business owners will continue to see a collapse in
sales and earnings, and they, like the middle/upper middle
class will have assets, savings, and 401K's to draw down.

And over time... between the market decimating 401K's, and
the collapse in Real Estate values and equity, along with
the forced draw down of savings and the liquidation of assets
starting to drain their life savings... they will begin to
wake up, and rise up.

But, it may be too late, because the government is rapidly
encircling the citizenry with an Orwellian police state,
after already having stripped them bare both economically,
and politically.

The End Game, and the final nightmare, will be when all those
who will support the coming gun grab, and who poo-poo'd as
"conspiracy theory" the loss of freedoms from the Patriot Act,
and the implementation of Martial Law under Bush's Executive
Order takeover of the government (in which Obama is EQUALLY
complicit in accepting)... finally wake up and find out what
that "domestic security force", the gun grabs, and the FEMA
camps were really for.

That's how you boil a frog.

That's how Hitler did it in Germany.

And that's what's happening here in America.

...right in broad daylight, and right under your nose.

When will America wake up?

-- At DOW 6,000? At Dow 5,000? At Dow 3500?
-- At a 10% unemployment rate? At 15%? At 20%?
-- After a 20% collapse in Home Values? After 40%? After 50%?
-- After another lie, and an invasion of Iran?
-- After mandatory facial scans and RFID Drivers Licenses?
-- After mandatory blood and DNA data bases?
-- After a mandatory satellite GPS tracking box in your car,
that tracks you AND taxes you for every mile you drive?
-- After the government mandates a thermostat in your home
that is controlled remotely by the utility companies that
tells you how much heat, or air conditioning you deserve?
-- After they demand that your entire city turns out for
mandatory Vaccinations?
-- After guns are banned and confiscated?
-- After massive tax increases?
-- After crime doubles in your city, and after National Guard
Troops are put on the street "to protect you."
-- After they start censoring free speech on the Internet, and
force all web sites and traffic to a China style, censored Internet II?
-- After free speech in the media is censored by the Fairness Doctrine?
-- After they take your kids in a mandatory draft to compulsory
"Domestic Security Forces", or the Military?
-- After they implement nationalized health care, and begin to
not only determine who deserves treatment, but also who lives and
who dies, and they begin to euthanize the elderly, and the infirm?
-- After a round of of discontents and domestic terrorists,
including your neighbors, begin to be disappeared to FEMA camps?

You didn't draw the line at 911.

You didn't draw the line on the invasion of Iraq.

You didn't draw the line on Bush's Patriot Acts I, or II.

You didn't draw the line on Bush's Executive Orders.

You didn't draw the line at torture at Gitmo & Guantanamo,
or rendition to secret CIA camps.

You didn't draw the line on the on Bankster Gangster Ponzi Schemes
that looted your job, your savings, the equity in your home,
your 401K, your pension plan, and your tax dollars.

You didn't draw the line when Paulson called Congress behind
closed doors, and in a "secret meeting"... hijacked our
government by extorting Congress under the threat of imposing
Martial Law on the American people... and handed bankers
an $800 Billion Dollar Bailout Check.

You didn't draw the line when Obama sent 17,000 additional
troops to Afghanistan to protect the Iluminati's Opium trade,
and Big Oil's pipeline routes.

You didn't draw the line when Obama broke his promise of never
letting this happen again, and just like Bush & Paulson, he
bullied a blackmailed, and extorted Congress into handing
the bankers billions more.

You didn't draw the line at any of the above.

So when will you draw the line?

When will conspiracy theory turn into reality for you?

When will you say -- enough.

When will you stand up and when will you act?

If not now... when?

S.O.T.B.



To: mishedlo who wrote (94746)2/27/2009 7:58:44 AM
From: Think4Yourself  Respond to of 116555
 
It's not just the US. Quite a worldwide hangover developing.

news.bbc.co.uk

Japan's industrial output plunges

Japan's industrial production fell by 10% in January - the biggest monthly drop since records began more than half a century ago, the government says.

It is the fourth successive month that factory output has fallen, as the world's second-biggest economy suffers its worst recession in decades.

The latest figures come days after the government said exports plunged 45.7% in January compared with a year ago.

Japan's economy is suffering because of falling demand for its products abroad.

Consumers around the world afraid of losing their jobs in the global downturn no longer want to buy Japanese electronic gadgets and cars, the BBC's Roland Buerk in Tokyo says.

The country's car production plunged a record 41% year-on-year in January, according to the Japan Automobile Manufacturers' Association.

It said 576,539 vehicles were produced in January compared with 976,975 for the same month of 2008.

Painfully exposed

The Japanese themselves are also shopping less, with average household spending falling 5.9% in January compared with the same month a year ago, our correspondent says.

Jobs are also being slashed - the number of people unemployed rose by more than 200,000.

"The recession is having an increasing impact on the real economy," Finance Minister Kaoru Yosano said.

Japan was once seen as relatively immune to the global crisis because its banks were not as exposed to bad loans as those in the US and Europe, our correspondent says.

But he says that Japan's reliance on foreign markets to drive its economy out of a long slump in the 1990s has left it painfully exposed.