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The Bailout: Financial Storm of the Century, or a Turning of the Tide?

by Stefan Fobes
http://educate-yourself.org/cn/fobesbailoutscam12oct08.shtml
October 12, 2008

The Bailout: Financial Storm of the Century, or a Turning of the Tide? by Stefan Fobes (Oct 12, 2008)

http://warofillusions.wordpress.com/2008/10/12/financial-storm-of-the-century-or-a-turning-of-the-tide/

Ladies and gentlemen, what you have just witnessed is an op carried out on the world. Previously, I wrote about how banks, legally able to treat credit card, student, auto, and house loans as assets, which bundled them up into financial packages called asset backed securities and structured finance collaterilized debt obligations, since the risk was too great for them, they sold them to investors, who sold them on the stock markets for profit. All the banks that have crumbled and being bailed out were buying up and holding these securities. And so here we are, facing the storm.

I call this an op, or more accurately, an attack, for several reasons. First, as reported by the Asia Times, there’s the BIlderberg Group.

“It would have been quite impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced in past centuries …
- David Rockefeller, Bilderberg club permanent member, 1991

This conversation never happened. Well, it actually did. Date: March 5 to 8, 2005. Location: the isolated, fully-booked Dorint Sofitel Seehotel Ueberfahrt in Rottach-Egern, 60 kilometers east of Munich, Germany. Essential amenities: luxury rooms, a lake, a golf course, no suits - and no wives. Participants: 120-odd Western movers and shakers - politicians, tycoons, bankers, captains of industry, so-called strategic thinkers - invited for the 2005 meeting of the ultra-secretive Bilderberg club. Security: absolutely draconian. Global media coverage: non-existent.

But the world is most definitely not prepared for a world government. These people know that, though. So to put in a one world government, they have to do it by using forceful stealth tactics, one of which is known now as the financial crisis seen today. This “intellectual elite” seem to be on some sort of deadline by the speed at which things are being centralized this year, which I believe is around the time of the mistakenly believed by New Agers and others to be ascension year 2012. We have seen the emergence of the new South American and Mediterranean Unions, and no doubt an Asian and Pacific nation Union will follow in the coming months, if the backstory of this plot is anything to go by.

I found it strikingly interesting that this year’s Bilderberg gathering in Chantilly, Virginia was loaded with dozens of bankers, including the European Central Bank president, Jean-Claude Trichet, all the EU Commissioners in the areas of trade and business, and…..America’s own New York Fed President Timothy Geithner, Fed Chairman Ben Bernanke and the demon of the hour himself, Henry Paulson. Whaddya think of that? It would be just that by itself — interesting. But when Tony Fratto, Deputy White House Press Secretary Tony Fratto goes up and admits that the bailout bill was written months before the domino bank crashes in September, then the interesting starts looking like the suspicious. More so when Congressman Brad Sherman blew the whistle on Congress being threatened with martial law being imposed if the bailout bill was not passed in the House. So…thug intimidation tactics used if you sign, and thug intimidation tactics if you don’t? Does that look like the actions of a healthy, ethical government to anyone with a brain on the clock?

Henry Paulson, himself was CEO of Goldman Sachs before he left to become Treasury Secretary in 2006, and during his tenure he was at the center of the asset backed securities game there. Him being there in government is a living insult not only to Americans anymore, but to the entire world that is being affected by this because of the rampant economic damage that has ensued from the speculators and the banks crooked ways. Everyone knows that Bush & Co. are crooks, and criminals only work closely with other criminals. The mainstream puppet (for the most part) media are fearmongering, talking about the pittance of a $150,000 extra from the FDIC if the bank it’s in tanks. Well, what if you have a million? The rest is gone with the wind. Paulson, in his push for the first version of the bailout bill, refused to even consider giving homeowners a chance. ABC reports:

 

Paulson resisted suggestions being made by Democrats that the program be changed to include further relief for homeowners facing mortgage foreclosures and to include an additional $50 billion stimulus effort. Some Democrats have also suggested capping compensation of executives at firms who get the bailout help.

Paulson said he was concerned that debate over adding all of those proposals would slow the economy down, delaying the rescue effort that is so urgently needed to get financial markets moving again.

Homeowners are the economy. Without them the banks wouldn’t be able to survive. Small business owners and the rest of middle income earners aren’t living on canoes. Crazy if you come from the perspective of this being the latest pathetic effort of a government vainly struggling to help America, but on target if you see from the angle of all this being the result a preplanned strategy of a cold group of people making power grabs at every point they’re allowed to by the people. The banking institutions are given all the cash they want, and the guy to oversee the bailout money handouts is even named Neal Kashkari, now a Treasury assistant secretary for international affairs and before that, he was with Paulson as Goldman Sachs’s IT security investment banking division head. While all that is going on, credit is given freely to the banks, and the masses are denied credit. Which means heavier prices at the markets and everywhere else since they all pay with credit, which it now costs more to get. In every policy statement out of their tax exempt foundations and in public, those in power in and behind the scenes say we must stop eating meat, the middle class is living too well, doing too good, they have to be stopped. Is it any wonder when the G8 heads of state made speeches on poverty, the horrible plague of hunger across Africa, everyone around the world needs to cut back, and waste, they and their wives had afterwards an 18 course banquet? It’s all about greedy people who are so desperate to have control over others that anything even slightly more than a beaten down demeanor, a skeletal body, and a flea infested Japanese coffin-bed causes them to have insane amounts of jealousy and fear. That’s the mentality of these bloodlines that rule the world, and unless people stand together in these times, it will go on, and that boot will stamp in everyone’s face. 1984 style.

The thing is, the $700 billion isn’t nearly enough, as if that can be imagined. Out of Newsmax::

 

Gross told CNBC that the government’s current plan will help clear up bank balance sheets but leaves just $50 billion in free cash to lend out.

“The plan goes far but it doesn’t go far enough in terms of recapitalization,” Gross said.

“The banking system and the investment banking system in total really requires about $500 billion more. Where that comes from is still up in the air.”

Separately, banking experts already predict that the Federal Deposit Insurance Corporation (FDIC) could need an additional $150 billion to cover coming bank failures.

That comes to $1.3 trillion! Imagine the bankers, the media saying, we need a trillion+ bucks to get us through this. Now you know why cops coast to coast are dressing up in skull outfits and black uniforms. Just like the corporate media, don’t think Obama will tell you about any of that, or help once he gets in. He has already said he wants the Treasury given as broad authority as possible. But even FrankenCain (who would just bait and switch it in the end) put out his proposal for the government to buy up mortgages and arrange for American homeowners to get lower mortgage payments and stay in their houses, Obama bashed it as socialist. Rasmussen Reports, one of the biggest pollers next to Zogby’s found that 52% of Americans favor this proposal. I don’t favor government gifts because it always means government control, but if the bill is going to be passed, at least do it right. The smart dictator’s tactic. When you want to attack and don’t want to be seen as a dictator, don’t use bullets, just give bullshit excuses for why people have to start starving, or dying, or fighting wars, and then have your puppet media orchestrate a gigantic campaign making you look racist or inept or anything that draws attention away from your true nature and agenda. Look at that smirk on his face, that was also on his face all throughout the debate last week. As soon as the spell wears off, and all the people all over the world slowly start to see what a dictatorial lemon they worshipped and shilled for, they’ll wonder how they didn’t notice it before.

The final bailout bill passed contains these provisions:

  • Section 8 of the bill says: “Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.”
  • Carbon tax audit provisions hidden deep in section 116 and 117.
  • IRS Gestapo provisions, giving the agency immunity from several federal laws, allowing agents to open bank accounts with taxpayer dollars, conduct sting operations posing as business owners, and to share all info gathered in the course of any of these spy operations with any intelligence agency they want. The intelligence agencies all will be merged into one in the future, the preconditioning for that has already been laid out. There’s a reason they have a National Intelligence Director with a whole agency devoted to all that stuff. Watch for it.

Even Bush, as reported by Fortune Magazine, called Henry Paulson his wartime general. But all this is planned to extend far beyond America’s shores because it is planned to have at the least, a central authority which controls all banking activity worldwide, and at most, a world central bank. The World Bank’s full name is the World Bank Group. Another example of preconditioning. This is a coordinated assault on the world, and Iceland, its currency and financial system on ice, and having to ask the IMF to bail them out, is the first major fatality. We can see this by the coordinated actions being taken.

  • France’s president Nicolas Sarkozy, speaking along similar lines as other heads of state at the UN General Assembly, has called for capitalism to be rebuilt to control global financial markets when necessary. Britain’s Gordon Brown called for a new global financial order, and Brazil’s Luis Ignacio di Silva, said, “The global nature of this crisis means that the solutions we adopt must also be global,”
  • The G7 countries, which includes the US, have endorsed and will go ahead with the idea of central governments officially buying stakes in banks.
  • Coordinated rate cuts by world central banks

The people won’t like it when they finally get it that printing all this money by their respective central banks to fund wars and bailout bills is what is really causing the prices of everything to go up. Therefore, something needs to be set up to contain them. Is it really a coincidence that starting October 1, proudly announced by the Army Times, several brigades have been deployed domestically to “help in disasters”, and are also being trained to use crowd control weapons, in total violation of Posse Commitatus and the Constitution, just like Paulson’s unilateral abilities in that bill? Over to the east, the German government wants to change the constitution to allow the military to be deployed domestically as well. And more countries will announce they want to do the same. More restrictive legislation such as the Patriot Act, Military Commissions Act, and the Violent Radicalization and the outrageous Homegrown Terrorism Prevention Act will be rolled out. They have to, to protect their sorry criminal butts from what will be a rightfully angry population. This is just what Alex Jones has been pressing out all these years, especially in his seminal work on the subject, Police State 2000 where he has actual footage of US troops training in mock drills where Americans are being forced to the ground, tied up, in concentration camps with full mock check-in procedures, and bullhorns of “American troops are here to help” are all there. The video is at the bottom of this article.

This is spilling over even to the insurance and auto industries, who are also feeling the credit tightening. GM and Chrysler, two of America’s biggest auto companies, are suffering from the Stearns Syndrome so badly that the company that owns majority stock in Chrysler is considering merging with GM. Ford’s doing badly too. It won’t solve much, because as Ken Thomas, the writer, aptly notes, it’ll just make one big company that’s not doing too good, centralizing the problem. And if they fall, before or after a merger, of course the solution will be to get the Supergovernment in the mix to fix things, the same as with the insurance companies. The latest that I’ve found is that Prudential’s shares have fallen 42% in the last week, Metlife had to raise $2 billion by selling off stock, and Hartford Services Group had to do the same, raising $2.5 billion to a German company. I thought Morgan Stanley might get out of this all right since it was on the sidelines of all this, but now, since their stock has dropped 60% in the past week, Moody’s Investor Service is considering a credit ratings downgrade, and a recent estimate is that they need to raise $60 billion to reassure investors and customers. Good luck.

The president of the Organization of American States, itself a stepping stone to a Union of the Americas, called for a new global financial organ to control all the financial markets, and: “Insulza said the current financial organism does not work, and the circulation of money, like the flow of goods and people, must be regulated.” Yeah? I’d love to “regulate” your money, Mr. Insulza. Where do I sign up??? .”Silvio Berlusconi, the Italian prime minister put out the wildest statement ever two days ago: “The idea of suspending the markets for the time it takes to rewrite the rules is being discussed,” Berlusconi said today after a Cabinet meeting in Naples, Italy. A solution to the financial crisis “can’t just be for one country, or even just for Europe, but global.” Ah, global solutions to global problems. There are just two simple questions that when answered, that will always tell that an attack was carried out, who did it, and why in these times on a population. Who stands to gain the most? Are there unreasonable rewards, praise, bonuses, or prmotions being handed out when the situation demands that the opposite be done?

Called problem-reaction-solution, the technique used by this group running the world is to create aproblem or let one exacerbate, wait for the something must be done reaction from the population, and introduce the solutions that they want after they hear that cue. Here’s how the problem was allowed to fester.

Here’s how and why the people really hold the power, explained in a way even a three year old can understand. Literally. Just watch, you’ll see.

And what awaits if this great power is given away.

It won’t be done today, or even tomorrow or next week. This is much too big for that. But even posting this on one message board or myspace can have an unexpected positive effect far beyond what the logical mind can concieve. Hell, give it to your husband or wife or boyfriend or girlfriend with your name on it and say you wrote it. I don’t care if my name’s on it or not, as long as the info gets out. This is not just a call to action, it’s a call back to power. Yours.

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All information posted on this web site is the opinion of the author and is provided for educational purposes only. It is not to be construed as medical advice. Only a licensed medical doctor can legally offer medical advice in the United States. Consult the healer of your choice for medical care and advice.