Anybody surprised that on Tuesday past, the main stream media was shoveling footage of the capsized Costa Concordia while Treasury Secretary and former chairman of the NY Federal Reserve Bank is raiding federal pension funds in order to give Obama some financial wiggle room? Anybody? Nah, didn’t think so. Also, if you think SOPA is only about online piracy, maybe it might be time to check into Bitcoin and see how former Chairman of the Senate Banking Committee, Chris Dodd, is now the head of the Motion Picture Association of America; the prime mover and shaker behind SOPA and PIPA and how it might benefit his global elite banking buddies if they aren’t cut out of financial transactions between little people via the peer-to-peer digital currency of the future.
(Editor’s Note: I’m still traversing the labyrinth on a whopper of a story, but felt this news item was definitely worthy of more than just a mention considering it is a possible preamble to a news story that broke last October, and a glimmer into just how bad the moos are being screwed yet again. See y’all soon…)
What happens when no one is buying your debt anymore, you can’t keep buying your own debt, and you need cash and collateral?
Last October, I picked up the news story about the feds holding hearings on confiscating private 401(k)s in order to more fairly redistribute the wealth. The next day, I posted an in-depth article about the people behind the plan to seize your 401(k) leading back to a progressive university and George Soros.
Enter TurboTax Tim Geithner with a proposal to ‘borrow’ from ‘federal retiree programs’ to keep the government running. Just how bad is it when the Treasury is yet again using a special measure to keep the bloated federal government afloat? How badly is the average corporate owned moo going to be raped on this go round? Just keeping the F.I.R.E. economy from completely crashing in 2008 cost us trillions. There can only be two explanations for what is happening all around us. Either the folks running our government are incredibly stupid or they are collapsing America on purpose; either way – they gotta go.
One has to love Matt’s captions for his images and links, and I guess the tea party folks weren’t explicit enough for somebody as mentally bankrupt as an international public servant that blames TurboTax for his inability to pay his taxes. Allow me to spell it out. STOP SPENDING MONEY MEANS STOP BORROWING! Our debt … Read more Mentally Bankrupt TurboTax Timmie Geithner Convinced Debt Ceiling Will Be Raised
I woke up this morning to the news that the SEC is charging Goldman Sachs with fraud. Whoopeedoodle. In October of 2008, I wrote a piece based on a WSJ article about the FBI opening preliminary investigations into 26 banks. Anybody heard a peep about it since? The last article I saw was the investigation … Read more Goldman Sachs; More Distraction