NAMA bonds, let’s view it within the context of the ‘insiders’ economy holding sway over the context of the ‘outsiders’ economy.
The ‘insiders’ economy that it remains in charge and giving life to the ‘outsiders’ economy through the fractional reserve banking system.
NAMA s function resides here. The media driven analysis we get day in day out is false.
NAMA’s function is tied in with the ‘insiders’ economy agenda and it carries with it a highly rational, cool calculated mathematically objective and to understand NAMA for what it actually is, as opposed to what the ‘insiders’ spoof the ‘outsiders’ on what it is, day in day out, is a distinction in essence to be made for clearer understanding on the overall picture.
Pondering to-day that life is a *waking dream* journeying one into an alternate universe reversing the one we are born into.
Finance capitalism reigns supreme over the *free market* through the *leveraging of debt* using *securitization* making extremes of debt.
The result of having Wall street have such an effect on the economy / free market is,
-offshoring, moving jobs off shore and so stripping the economies of vitality, a disconnection between the incomes and the products on the shelves opening up more debt.
– using i rates down to drive the economy cos of job losses to offset the fact the jobs disappearing off shore which induced housing boom which permitted creation of the all sorts of financial instruments derivatives and securitization of mortgages which opened up busness of making money from leveraging debt.
-the worst thing is though is jobs moving offshore, no longer any connection between the incomes and the products consumed, this has stripped the economy of its vitality.
So stimulus money is like giving blood transfusion to a corpse.
THE OLIGARCHY OF POWERFUL INTERESTS THAT RULES USA.
-MiLITARY INDUSTRIAL COMPLEX
BY: NEW YORK TIMES