Economy Rigging 1

BSK daily log June 5, 2010

Filed under: Uncategorized — bashstreetkidjailbreak @ 12:35 pm


BY: WILLS

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.

ITEM2

BY: WILLS

Pondering to-day that life is a *waking dream* journeying one into an alternate universe reversing the one we are born into.

ITEM3

BY: WILLS

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.

ITEM5

THE OLIGARCHY OF POWERFUL INTERESTS THAT RULES USA.

-MiLITARY INDUSTRIAL COMPLEX

-WALL ST.

-OIL

-PHARMA

-ISR LOBBY

ITEM6

BY: Stiglitz

Financial re-regulation

Financial Re-Regulation and Democracy – Project Syndicate

ITEM7

BY: NEW YORK TIMES

Which Banks Hold Europe’s Troubled Loans? – NYTimes.com

Advertisements
 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s