« A Dangerous Woman: Indefinite Detention at CarswellThe Goal is Not to Occupy it is to End Corporate Rule »

Wall Street is at it Again! This Time its France!

December 11th, 2011

By Timothy V. Gatto

I’ve been doing a lot of thinking lately. Now I’m no economist, but I’ve learned enough in the past few years that convince me that we are all getting screwed royally. The other day I wrote an article about Bernie Sanders (I-VT) who was introducing a Bill in the Senate to amend the Constitution. Now I was happy that someone was paying attention to where the problems in this country are really coming from.

Now it is a few days later and I am realizing that Bernie Sanders’ introduction of an amendment to the Constitution will probably be received as well as all the bills that Dennis Kucinich (d-Oh.) introduces. In other words this Bill will go absolutely nowhere. Other people in Congress will treat this Bill like people in the middle Ages treated plague victims. Taking personhood away from corporations with a Senate like we have now will go absolutely nowhere.

Now the banks in United States are inundating France with credit default swaps. France has more credit default swaps was than it ever had in its history. This is being caused by investors from America and the UK. According to Max Keiser from RT the Americans and the Brits know exactly where the bodies are buried in France, and know just what assets their betting against. This is a type of financial warfare that these two countries are waging against France. The trouble with this is that they are extracting the wealth from France the same way they extracted it from America. Is Wall Street betting against all European toxic assets? I imagine they are. This is the same casino game that they played here in America with CDS.

When France goes down the euro goes down or is entirely eliminated as a as a currency. If this happens, the EU goes down and a Global meltdown starts.

    “The raging European monetary collapse will ripple through America’s banking system, completing the 2008 meltdown that never ended because Wall Street fought all reforms. But now, a bigger meltdown as history repeats a dangerous cycle like the 1929 Crash and Great Depression. History will also deal a fatal blow to Wall Street. Martin Weiss adds a key warning: No bank bailouts. America’s banking system is bankrupt, structurally and morally. Washington is broken. And thanks to the Occupiers Revolution the masses will never accept new bank bailouts. Never. They’ll toss politicians and overthrow government first. No new bailouts will be the stake in the heart of Wall Street, ending the ‘greed is good’ power of America’s ‘bloodsucking vampire squid,’ handing the Occupiers new political power in Washington.” – Market Watch.

This will bring us to a catastrophic meltdown that will eventually bring this whole house of cards down. The question I have, is the government propagating this by keeping the interest rate down at 0% to let the big investment houses continue to suck the wealth out of France to the detriment of its own citizens? Is this why they added the provisions to the NDAA to make the U.S. a “battlefield” and have the Army arrest “terrorists” and try them by a military judge? Is the nation readying us for an economic collapse that they are fostering by allowing cheap money to be available for the elite? Are we to take another economic hit while the rich in this country get richer?

This is nothing short of criminal. Ben Bernake should be removed at once for allowing cheap money to be available to his banking friend’s in the investment houses. This is just another reason he should be removed. He should have been removed a long time ago. Ben Bernake and Timothy Geitner continue to use the Federal Government as a crutch for Wall Street hooliganism. When Europe collapses, in the aftermath, how will life be for American citizens? When this becomes common knowledge and Americans realize that the government was in league with the investment houses, how will they take that information? Most Americans have no idea of what is happening in the World financial sector. Even common investors that know the market have no idea of what the big investment houses are doing overseas. Our ignorance will be our downfall. Americans are asleep and have been for a long time. It’s about time that they awaken and smell the coffee. The time for a little critical thinking is now.

The truth is that at this point, even if this country woke up and saw the games that they continue to play on Wall Street, it’s probably too late. They are sucking out the last drops of wealth from France as you read this. When the economy goes belly up, you will know who was responsible. When that happens and the people get wise, what do you think they’ll do? Who do you think that they will blame? What do you think will happen? Again they will be suffering as the wealthy get wealthier and the economy goes to shit. Is this the basic reason they declared the US a “battle zone” in the NDAA?

Everyone has to figure this out by themselves. I’m just telling you what they are doing. I’m going to my Occupy meeting tomorrow. I figure it’s the only chance we have of getting this country right. It’s high time we eliminated the Fed and had our own national no-interest or low-interest banking system. They are dragging us down to grease the skids for the elite. I don’t know about you, but this really ticks me off, and I’m putting that mildly.

-###-

By Timothy V. Gatto timgatto@hotmail.com Read Tim's Book "Complicity to Contempt" and his Novel "Kimchee Days or Stoned Cold Warriors From Oliver Arts and Open Press and available on Amazon and all other online bookstores.

No feedback yet

Voices  Share this page

Voices

  • Katherine Watt [07/29/23] Orientation for new readers Excellent new post by Sasha Latypova on Dec. 10, 1974 National Security Study Memorandum 200 ■ July 26, 2023 - Population Control Policy. Why would my government want to kill me? Don't they…
  • PressTV The Israeli genocide against Palestinians in Gaza is funded by the United States according to Joe Iosbaker, an American political analyst and a leader of the Anti-War Committee – Chicago. 💬 “The US government leads the world in many…
  • Dr. Halvor Næss [06/17/23] It is now more than three years since the covid-19 pandemic started, and two almost self-evident statements summarize the most important lessons learned. 1. Without the draconian handling of the authorities, the pandemic would…
  • Dr Vernon Coleman If you want to know the truth about vaccines and vaccinations please read my book Anyone who tells you vaccines are safe and effective is lying: Here’s the truth. You can find it for sale on Amazon. 1. The UK is now sending long range…
  • Cesare Sacchetti When Donald Trump in 2016 walked down the mobile stairs of his New York residence, the Trump Tower, many prominent members of the deep state were anguished by a feeling of both panic and fear. Panic because for the first time after the…
  • Jeff Thomas The decline from democracy to tyranny is both a natural and inevitable one. That’s not a pleasant thought to have to consider, but it’s a fact, nonetheless. In every case, a democracy will deteriorate as the result of the electorate…
  • Walter Gelles Legal trickery would silence Dr. Charles Hoffe Prominent Canadian physician Dr. Charles Hoffe has spoken out courageously to warn people of the very serious dangers of the Covid mRNA genetic "vaccines". He now faces trial from the Canadian…
  • Stephen Lendman [04/05/23][Stephen died on May 9th, 2023, about a month after he wrote this article.] Illegitimately installed Biden regime criminals run the empire of lies and forever wars. A previous article discussed Trump’s politicized indictment,…
  • Linh Dinh [Pakse, Laos on 6/5/23] Sherwood Anderson, “For a time he was lonely and wrote to Alice almost every day. Then he was caught up by the life of the city; he began to make friends and found new interests in life.” Why quote a rather plain…
  • Walter Gelles Breaking News: "A prominent Canadian doctor who is bravely speaking out about the Wuhan coronavirus (COVID-19) 'vaccine' damage he is observing in many of his patients is facing trial this March over accusations of professional misconduct.…
March 2024
Sun Mon Tue Wed Thu Fri Sat
 << <   > >>
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31            

  XML Feeds

blogging soft
FAIR USE NOTICE: This site contains copyrighted articles and information about environmental, political, human rights, economic, democratic, scientific, and social justice issues, etc. This news and information is displayed without profit for educational purposes, in accordance with, Title 17 U.S.C. Section 107 of the US Copyright Law. Thepeoplesvoice.org is a non-advocacy internet web site, edited by non-affiliated U.S. citizens. editor
ozlu Sozler GereksizGercek Hava Durumu Firma Rehberi Hava Durumu Firma Rehberi E-okul Veli Firma Rehberi