Saturday, September 1, 2012


·                                 I’m a bit concerned about these Occupy Boston, Providence, etc. Could this be the beginning of a Communist movement? Spread the wealth! If they were smart enough to make it....and companies willing to pay them, what is wrong with that? Can someone enlighten me please.....?
Marc W. Kohler Tony, it's easy. The financial crisis was started years ago, when the Federal Reserve was created. In 1999, the repeal of Glass–Steagall Act - made the wall between investment and saving banks disappear... We forget the FDR, in order to get Glass-Stengall passed; the banking industry insisted that thousands of acres of urban real estate could NEVER have a homeowner mortgage. . The areas were created by drawing red lines around them with a red pen. This is now called "red-lining". This made EVERY house within red lined area could be sold for CASH only. The homes were depreciated in the hundreds of thousands of dollars, and a whole new class of absentee lord lords became one of the most import social forces in America’s fiscal policy. They could be sold for CASH ONLY. A whole new class of American absentee landlords was crated. The massive depreciation of these red-lined areas caused a second depression--one that was allowed to run until red-lining was outlawed in the 1970s, but by then, it was much too late. Every city in America had thousands of worthless acres that became slums due to the lack of even the possibility of personal ownership of the houses in those neighborhoods. When section 8 housing came along to "solve" the problem, did not. In fact, about then years ago Former Governor Philip Noel called Section 8 housing laws gave him the feeling of "laughing all the Way to the Bank". Section 8 gave the landlord 3 times what the poor could afford--mostly welfare--so deferral and state


money made millionaires out of many, many Rhode Islanders. They and their children now live in East Greenwich, Little Compton, Barrington, and other rich neighbors. Medicare, farm subsidies, welfare, the FDA, the Federal military, Oil Industry policies. Social Security has created millionaires every step along the way—that was a NECESSARY cost of created ANY social improvement in America. One of the most well known samples of this was the Presidential Candidate Ross Perot—a man who made million and millions of dollars automating and printing Social Security checks. I do say, thank God for him, for without him, the Republican juggernaut started with Eisenhower. Enhanced by Reagan, and culminating in the war deficit mad George Bush 43. See next post fro details as to home the current crisis was both the goal and the conclusion of this history—only now was have reached the point, that changing it is most likely pointless—that the Occupy movement, Tony, is too littler, and much to late. The trillionaires do not need people or citizens, and even the very concept of a nation state called the United Sates of America. The world will grow into consumers that will leave Americans insignificant to the creation of greater profits. If you invested in the original Greek Bonds a year ago, you were guaranteed an 18% return. The next round of bonds will pay more and guarantee the end of the nation of Greece as violence takes over social civility. I will post more next, but know that trillionaires can buy better armies and militias and than any nation can at this time. But, wait, more to come…
Joe DeLemos it seems to me they are "occupying" the wrong street. Government forces banks to lend to people who can’t pay back. They regulate and tax companies out of the country. Then blame everything on businesses. These people if they had half a brain should occupy Pennsylvania Ave not Wall St
Kenneth Watkinson Complicated problems will not be solved with simple solutions. End of cold war brought 2 billion people competing (Chinese) 2 tax cuts, 2 wars, equals deficits. Now greedy lobbyists drug companies. Look at your pay. Doesn’t it suck? I think its 4% of people own 60% wealth in this country. Some do it honestly. Not all. Do you think its fair for the elec company to own the Gas co? Is that fair?  If you cook the lobster slow after a while he doesn't know he's being cooked.
o                                                        Marc W. Kohler So, here is part two. First, to suggest that minimum wage laws sent jobs overseas is silly—no matter what has happened here, slaves will always be cheaper over seas. We don’t have too many slaves, but without regulation we have a lot fewer than we would have, and now that the economic basis for the world is trillionaires who owe no allegiance to any country. So, for Tony and the rest, I shall continue from my previous post. I have brought you through the consequences of the caste system started in the USA after the Depression. Yes, there was always rich and poor, but after the depression, FDR took the Progressive Platform of his cousins, Theodore Roosevelt. For that, you can go tohttp://www.pbs.org/wgbh/amex/presidents/26_t_roosevelt/psources/ps_trprogress.html.People call the Progressive Party, The Bull Moose Party. Theodore Roosevelt never really called the party that that. He was shot on October 13, 1912. Reports say that in the speech that night, people claim he said he survived because he must be “strong as bull moose.” That’s not true. Other people say he told a reporter that after he got out of the hospital, as an answer to a reporters question. That’s not true, either. The election was held 18 days after the shooting. So, the term Bull Moose came AFTER TR lost. TR NEVER dreamed that the name of the American Progressive Party would be the Bull Moose Party (which is what it did come to be known—lasting until about 1916. “Bull Moose” was really a term turned to destroy the Progressive movement and ridicule it. If you read their platform, you will find not only the seeds, but the roots and trunk of what America should be, could be, and would be if JFK, RFK and MLJ had not been murdered. Why do conservatives want Reagan on the dime instead of FDR is because they HATED him then. They HATE him now. And they will not be happy until everything TR, FDR, Truman, JFK tried to create are completely extinguished from the American horizon. We have stood by in silence while there campaign has. Think about how this hate war started. On the morning that Eisenhower was inaugurated, he and Mamie refused to get out of the limo to have tea with Bess and Harry. This had never happened in the history of the country. Harry could have just sat there waiting in Whitehouse…the insult (probably created by Allen Dulles or his brother John Foster Dulles). This will lead to Credit Default Swap Bonds in 1999, and that transferred trillions of dollars out of our economy. To understand the next post, it would be good for to you read the Credit 
Credit Default Swaps: The Next Crisis?
By JANET MORRISSEY 
TIME MAGAZINE Monday, Mar. 17, 2008

Sixty Minutes did an article about the foreclosure crisis which did more to hide the truth than it told.  This article does not tell the whole truth. These foreclosures were part of a three part plan to shift the future of America.  I have coined the phrase THE NEW URBAN RENEWAL to name this Plan.

Plan Step #1:  To move about 50 to 75 trillion dollars from our economy to the hands of very few.  First, please read Time Magazine for March of 2008 article by Janet Morrissey about Credit Default Swap Bonds. It explains that millions of sub-prime mortgages were designed to go up to 13% after two years.  The stocks backed by these mortgages would lose ALL their investors their money.  The Credit Default Bonds, as Morrissey writes, were based on the possibility of the stocks backed by the mortgages would go bad.  They were modeled after municipal bonds which are guaranteed and insured.  So, if a city goes bankrupt the Bond holders would have to be paid and would have to be paid at thirty times what they invested.  This means that the trillions of dollars paid out by the Bond writers, which almost put AIG and all the other collaborators out of business.  The amount of money shifted out of our economy represents the largest theft in the history of the world.  That money will NEVER come back to America.  Hedge funds buying Bonds to save Greece in the first round last year were guaranteed an 18% return—what investment in ANY American business will ever be able to pay those returns?  Right now, hedge funds control every Cocoa crop in the work for the next ten years.

The impact over the world, all the bad mortgages backed stocks that the makers knew were going to go bad, cost stock holders all over the world billions. s failing. For every dollar invested in CDBS pays the holder 30-40 dollars. That means that a foreclosure of a $100,000 pays the CDNS holder $3,000,000. President Obama mentions this is his first Press Conference, but no one has reported on it except Morrissey. This process has not been stopped and its aims have been accomplished

Plan Step #2     To demolish and clear the thousands of acres of “Red-Lined” neighborhoods (Slums) to create, for banks, the largest land sell off in the history of the world.  Since American investors know that they make little or nothing investing in American real estate, most of these acres will be sold to cash rich world citizens who need a safe and secure country to live and prosper.  This will be their home while their own countries fall into chaos, oppression, and revolutions.  The failed Lee-Schumer bill is the best example of this plan.  The bill would have given almost unlimited visas to people from foreign countries who bought houses here for $500,000 or more with cash.  The bill failed, but be assured; there are twenty other bills that you will not hear about that will accomplish the same purpose.  This is at a time in our history when National Public Broadcasting’s show Need to Know reported last week that 33% of Americans are now living at or below the poverty level.  Will this plan change that?  No.  Is it too late to change it?  I think it is.

Plan Step #3    

The Third steps in this plan cover the obvious and less obvious.  In fact, we can really only speculate on what dimensions of our current reality were part of the initial plan.  I can only speculate on some of these last aspects of the Banking/Wall Street Financial Plan for America initiated as I described in 1998 to 1999. 

1)    The first result is that acres and acres of urban slums are now wastelands.  The CBS show discussed the demolition of homes, and the landscaping of the lots with grasslands.  These “open spaces” still have a tiny number of homes still standing, but the homeowners are not paying their mortgages, and expect to be evicted at some point in the future.   This land represents billions of dollars of potential income for the banks that have ended up owning them.  Here are the possibilities that I have read about:
a)    The Congress almost passed a Bill that would have given almost free visas to foreign buyers who bought homes in the United States for $ 500,000 or more, and that paid cash for the homes.  The bill did not pass, but the banks do have lines forming form wealthy foreigners to move here—especially from countries where the governments are drifting towards anarchy.
b)   Our inner cities are dying, these acres of land will provide excellent open space for commercial and industrial construction.
c)    Five years ago, NPR reported that 63% of Americans lived in gated or “sealed” communities with no access to public streets.  These acres of land will provide developers with “virgin” land to develop “closed cities” where the concept of open governance will not be tolerated, and corporations will provide all the structures that the citizens need—from schools to hospitals to police and lot more.

2)    The concentration of wealth gives hedge fund managers assets to control future commodity markets that shut out competition and normal market limitations on risk and control.   A year ago, it was reported in the news that hedge funds owned all the futures on cocoa beans for the next ten years.  This means that the funds will control the coat of chocolate for the next ten years, and most likely forever, because their funds continue to grow daily.  Payments to Credit Default Swap Bond holders have not stopped. and will not stop. They are not going to be stopped, and below is an article that describes the Department of Justice reluctance to do anything about correcting these derivatives or punish Wall Street for creating them.  My guess is that a massive amount of wealth in these funds “buys” anyone—Democrat, Republican. President or Senator. 

3)    The last possible area of the use of these massive assets has much more sinister goals.  Some writers think that the money will create “private” armies both in the United States and thereabout the world.  For instance, hedge funds have been involved in creating mercenaries groups used by the United States to protect American embassies.  MPR reported that the American Embassy in Iraq has 16,000 employees:  11, 000 with the Embassy, and 5,000 paid military personnel from a private contractors.  Within the United States, Chuck Norris (Not a politician, but an “entertainers’”) said that there were over 1,000 militias armed and ready to be mobilized in case a national “crisis”.  With what we have seen owned by individuals, we can speculate without a doubt that we are talking about thousands of weapons and millions of rounds of ammunition.  This is the one goal that I know the least about.

In conclusion, the plans laid by billionaires in America in 1998-19999 have succeeded.  83% of our wealth goes to the top 1%, and there is nothing we can do about it. (Onpoint Radio report). 

No one is talking about what "Make my day" means.  These are the three words that the character Dirty Harry would use to threaten a person that Eastwood's character "wanted to flinch", so he could shoot them with his "giant gun."  Using that for the President of the United States is treason.  Clint Eastwood threatened to shoot the President of the United States if the imaginary President Obama flinched or made a threatening move.  "Make my day" yelled by the delegates at the Convention was a massive threat to the life of the President.
Also, why isn't anyone talking about the control that the Mormon Church exercises over The Boy Scouts of America.  Mormon churches require all boys in their congregations become Scouts.  That makes the Church of Latter Day Saints the largest contributor to the budget of the Boy Scouts of America.  Therefore, they control the BSA.  They decide that the BSA will continue to refuse gay people from membership.  Mitt Romney has to be asked if he supports these actions on the part of the Church. He has to explain their actions, and either ask for a change, or admit that his church has brought an end to the BSA as it was once known, and would he support the creation of a new BSA, open to ALL AMERICANS!
If you need to know more, see my blog: liberaltruths.blogspot.com.