Monday, October 06, 2008

More Financial Pain Ahead for the Uninformed

Once again, the economy has been trashed more than is being made public.  According to the article below, the US government has given away more than $2 TRILLION in bailouts, all without the knowledge of the average American.  I'm not surprised at this in the least.  As I've been saying all along, this is an orchestrated 'crisis' that is serving a larger purpose. 

This 'crisis' was engineered and purposely created in order to create the appearance of chaos in the markets.  And, of course, the fatcats are getting billions in profit from these events, while giving the bill to average Americans (and those of other countries as well) to pay.  In addition to this, when the markets fail (and they WILL fail), these same fatcats have already moved all of their assets out of the financial markets, and into safer investments.  Unfortunately, those remaining in financial assets will see their investments plummet in value.  This is the theft, but people have to be perceptive to actually identify the 'sleight-of-hand' theft process.  It is subtle in its execution, but the theft is a complete confiscation of the value of the investments that people have made.  In short, your $100,000 may still have a nominal value of $100,000, but the purchasing power will probably be closer to $50 once their process is complete. 

This may sound incredible, but during the last hyperinflation it was not ridiculous.  I will give a brief example.  During the Weimar Germany Deutchemark hyperinflation, there were retirees who were living off of the interest from their retirements before the hyperinflation.  After (or during) the hyperinflation, people had requested that their retirement checks be mailed to them.  The bank said that they could do it, but didn't really wish to do it because--get this--the value of the STAMP that would be required to mail the check to the retiree was more than the value of the check that represented the value of the person's retirement savings!  This is what appears to be the plan for the new financial paradigm.  Of course, the bankers and other insiders who got out of the game while the money still had value are the ones who have stolen the difference in value of the money.  Don't let them steal all of the value you have given over your working years to earn this money!




http://marketoracle.co.uk/Article6614.html

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