Re: [BLEEP] Re: "No More 9/11s" Deal Between 'Rockefellers' and 'Rothschilds' ...
- --- David <dfbear@...> wrote:
They gave a lot more than $30b. Something like $159b.
We may find that thats just the first. Evidently, they
are trying to pull another '29 but managing it so that
there isn't a big depression. This way, they can take
over a swath of banks like they did last time. Whats
notable is that the fed is apparently funding it,
handing them on a silver platter.
"Bear Stearns Cos. was getting bought by JP Morgan
Chase & Co. through an unprecedented Fed-backed
infusion of cash."
"As well as promising to underwrite JP Morgan Chase's
takeover of Bear, it has re-activated a Depression-era
rule allowing securities firms to borrow directly from
In other words, it was Fed $ that bought Bear, not
Morgans. Cute. (I found a direct statement of this
earlier but didn't note it.) The articles also
illustrate that they are prepared for more.
"The Fed has agreed to take over up to $30bn of Bear
Stearns' assets, removing the risk for JP Morgan."
Cute that they present it like Morgan is doing
everyone a favour. Feds fund it AND remove most
of the risk.
This illustrates who's side the government is on
"Steel, who worked under Paulson as head of equities
and later vice chairman at Goldman Sachs Group Inc.,
used his 30 years of experience on Wall Street to
help hammer out two deals culminating in JP Morgan
Chase's purchase of Bear Stearns."
The Bears executives were given huge "bonuses" -
curious when they almost killed the company. But
I guess it depends on who they were
really working for.
They fail to observe that when the Fed creates
this kind of money (they are not Federal nor do
they have reserves) it deflates the value of all
the other US$. They try to balance the impact
by lowering the interest rate. And thats what
"Why is the Fed rescuing a non-bank that it does
not regulate?" asks a former Fed chair
(if the player seems odd, note that the Fed has
a board that liaises with the government and public
but does not actually control the private bank.
Its a kind of figurehead.)
In '29 they withdrew 1/3 of the currency. Seems
this time they're adding.
"The actual process of money creation takes
place primarily in banks ... bankers discovered
that they could make loans merely by giving their
promise to pay, or bank notes, to borrowers. In
this way banks began to create money. Transaction
deposits are the modern counterpart of bank notes.
It was a small step from printing notes to making
book entries crediting deposits of borrowers,
which the borrowers in turn could 'spend' by writing
checks, thereby 'printing' their own money."
Modern Money Mechanics, Fed Reserve Bank of Chicago
"Banks create credit. It is a mistake to suppose
that bank credit is created to any extent by the
payment of money into the banks. A loan made by a
bank is a clear addition to the amount of money
in the community."
Encyclopædia Britannica, 14th Ed (pub. 1929 -
not new info. They don't teach this in school though)
Did you know you were printing money when you
spent a loan or used a Visa card? Do you work for
a company that 'finances' its operations? Then
your pay did not exist until you got it, and
then really only when you spent it. Money as
is typically understood is a fiction, a fiction
people can spend their lifetimes chasing and
"I care not what puppet is placed on the throne
of England to rule the Empire. The man who controls
Britain's money supply controls the British Empire
and I control the British money supply."
- Nathan Rothschild (re: Bank of England)
The Fed too. Its privately owned. Ownership not
known but pretty clear. Almost every country in
the world now has a Fed. Iraq got its in '04.
"It is well enough that the people of this nation
do not understand our banking and monetary system,
for if they did, I believe there would be a
revolution before tomorrow morning."
Its nothing to be depressed or upset about though.
Its a game. They're playing hardball. As per the
Busting Loose post, its a game you can't win.
So don't play it. Bust Loose. Change the rules.
-- In BLEEP_Vancouver, MTwain <yonibluestar> wrote:
Looks like the deal cut with HedgeHog JP Morgan
(Rockefeller) -- who (it is said) brought us the
1929 Stock Market Crash, and the 9/11 Towers Crash --
is that rather than putting us through ANOTHER 9/11
or 1929 -- the FED (European Monarchy and Rothschilds)
gave them Bear Stearns as a consolation prize.
The US Gangsters still get their billions and
trillions, the public maintains their customary
enslavement -- and BOTH keep their traditional
corporate market addiction (servitude to the
Gold Reaches One Thousand Dollars Per Ounce
US Taxpayers Give $30 Billion and Bear Stearns to