Why Bank Bailouts Will Make The Greater Depression Worse
Bank bailouts are the major way the monetary scientist socialist elite transfer debt and/or the responsibility for that debt to you and I, the taxpayers. In 2008 Wall Street investment Bankers and the insurance company American International Group (AIG) received bailouts from the federal Troubled Asset Relief Program (TARP) because their derivative investments based on real estate mortgages went sour. The Federal Reserve Bank worked out the bank bailouts with the help of the Department of Treasury. 1913 was the year the Federal Reserve Bank, a cartel and a monopoly, was planned in secret to create a one-world-order. International bankers figured they will plunder the world via taxes, debt, inflation, bank bailouts and the farce of fiat currencies. Wars and even global warming were to be smokescreens for weakening the once strong America. Additionally, having the U.S. Congress formally passed the Federal Reserve Act in 1920 creating the central bank we now call the FED. Data has been generated with the help of Essay Freelance Writersversion.
Since the U.S. was so strong back then, the rich bankers needed the cover of a private central bank to bring America down. What better cover for their conspiracy than a central bank with the name federal in it. Bank bailouts and corporate bailouts transfer the money the bankers had lent out over to the taxpayers. Bank bailouts are a fraud. What a bunch of dummies we are to let them so easily take our freedoms. It has happened slowly and we hardly notice. Bank bailouts have been the main avenue for the advance of the one-world-order takeover by the power elite banksters. The "Big Brother" era will be here sooner than you think if we keep letting them do these corporate and bank bailouts. Each one is a guarantee of debt or a transfer of the debt over to the public sector. You and I and our children - the future taxpayers - get the bill.
The Fed is not federal, a reserve or a bank. It is not even subject to an audit or accountable to anyone. The shares are not traded on any exchange. It is a private corporation watering down our money with inflation. 2). This means the FED will buy large amounts of government bonds with just a computer entry. They don't even need to put ink on paper to flood the country with stimulus. QE2 is projected to be 75 to 100 million dollars per month. It won't work. The de-leveraging of all the excess credit in the private sector and the price drops in assets like real estate are occurring too fast. The U.S is now policeman and foreign aid giver of the world thanks to the Federal Reserve and socialist politicians. We fund bank bailouts and company bailouts (GM and Chrysler) left and right. Key leaders of both political parties have been in on this scheme. Now, we will get deflation and the GREATER DEPRESSION.
Will the banksters foreclose on everything and get richer? Smaller government due to reduced tax revenues will be a good thing. Unless look at this site backed by gold catches on we are doomed to a runaway inflation driving gold to $5,000 per ounce in the distant future. The deflation economy will have its way with the whole world first. 2016 to 2020 may be the bottom. By then most assets will have lost 90% of their value. Bank bailouts along with the bailouts of General Motors and Chrysler are bad news. The bill always gets paid by the taxpayers, you and I and our children. Governments worldwide are already stressed out. Some of the strongest European countries are implementing austerity measures and loaning money to tide the weaker countries over. Yes, more worldwide bank bailouts. This is nothing new. It has been going on for years with the help of "Big Brother" type organizations like the International Monetary Fund and the World Bank. World government leaders should look at ways to reduce taxes and give a lift to business.