Somebody is blackmailing the US economy.

[Dan.Linehan]

Who are they? And why are we willing to bankrupt the entire country in order to pay them off?

Somebody, somewhere, is owed these TRILLIONS of dollars. And it is THEY who are holding a gun to the economy and demanding payment, and all of Wall Street, and even the Fed, cannot pay this debt.

So WHO is this Tony Soprano-like world figure? Who are these people? Why are we not identifying them, and talking to them, and negotiating with THEM, whoever they are, to keep from bankrupting the American economy in their favor?

Somebody, somewhere, is blackmailing the entire United States economy. Somebody, somewhere, has a gun to our head. And to the head of the American government.

I want to know who they are. I want them identified.

Full article here.

[JorgeHTQH]

The 300.

Well, part of those people, that group, aka the 300 are from the U.S. a lot of them are from the U.S. B.K. U.K ect... They are in control.

What we are seeing in the U.S. economy has been dileberately planned and executed just like most major catastrofies are today..

Those 300 are the only ones who really make money from all of this..

But don't worry, they will turn it around soon and our economy will boom once again..

When that next boom comes, take advantage of it and make as much money as you can...buy gold and silver..

Then move to Venezuela right before it crashes again because the next time the U.S. goes down it will be for good my friend.

It sounds crazy but you'll see.

[mercuryrising]

Actually, I think this is the pertinent quote:

From Ben Stein's article, "In fact, they can be so large that one might well wonder if the whole subprime fiasco was not set up just to allow speculators to profit wildly on its collapse..."

Me and a buddy were once talking about how everything falls on the working class. We make the profits for the rich and we pay the taxes for the poor. The rich and the poor constantly groan for more without doing anything themselves. It's the people that feel a sense of responsibility to make a living 'by the sweat of the brow' that are bullied into paying for everyone else's way.

I am personally not as offended by the poor, though I think they shouldn't get something for nothing. In regards to your question, who is blackmailing the country, there is an easy way to find out.

Push forward the idea that no one can profit off of something who has not created a real product or provided a real service to others. You'll meet up with those responsible for this real quick.

[Still Growing]

We've all heard the quote "Follow the money"

Its a simple statement with such true reality. There is money to be made going up and money to be made going down. Its only when things are stagnant that only modest sums are made.

In various threads of this forum I have complained about our privately owned Federal Reserve, how Halliburton is robbing us blind and how the fact that we went into Iraq was to make oil "MORE EXPENSIVE" rathern than for cheap oil. By it being more expensive not only do the gas companies make more but also Bush's original constituents from TX. Only when its above 100 a barrel does it make since to drill there.

I would say that it doesn't take a genius to see whats going on but apparently it actually does. Your average person walking down the street can't balance their check book so how do you expect them to see and then complain about our nation's money supply or int'l finance.

If you listen to congress speak they often debate these subjects that I am speaking of but they speak in code or political jibberish.

The truth is complex but there are a few who do hold the power and its certainly not your elected pawns.

[Lauxa]

It's Dr. Evil...

"I demand 700 billion dollars." (finger to side of mouth)

[Brutha]

People on Wall Street focus on money. The don't individually bankrupt the system. the simply want money from the banks.

Nassim Taleb did a similar thing in some crass some time ago and made enough money to never have to work again.
This is again a time to recommand reading "The Black Swan".

According to Taleb those bankers are "arrogant idiots" where he doesn't care if those people loose money.

If you had a way to legally gain millions from some bank you didn't like, wouldn't you take the opportunity?

Taleb wrote somewhere that he knew beforehand that there a bouble in subprime (in 2003 about Fanne Mae), so I would guess that he made millions in this crisis.

Edge: THE FOURTH QUADRANT: A MAP OF THE LIMITS OF STATISTICS By Nassim Nicholas Taleb is one of his articles about the subprime crisis.
If you rather want to have audio there's also a podcast.

[Still Growing]

Is somebody blackmailing the US economy? When I first read this I was thinking "Oh I shouldn't get started on this subject" and "They'll think I'm crazy and I'll end up debating irrelevant details"

But somebody has to say it.... Its the Federal Bank of New York that is pulling the strings here.

1. They are privately held and have so since 1913 with the Federal Rerve Act.
2. They make profit charging interest whenever we print USD and also on some of the wholesale money supply.
3. The taxpayer gives the money to them, they charge us interest and then give the money over to other banks.
4. Many of the banks being rescued by buyout or cash they actually own, ex: JP Morgan

The truth is that people THINK that the New York Fed is a gov't agency and if they realized our Fed was private and profiting off this debacle people would be outraged. Especially given that these same guys where apart of the money supply that reduced loan qualifications in the first place. So the same guys are making money on the way up and on the way down.

Let me also add that there have been connections to these same guys with also owning shares in Halliburton and many of our News Channels.

We've all heard the adage, 95% of the money is owned by 5% of the people. Well in the US there are no regulations on special interests or on conflicts of interest this is clear. People have no clue what is going on and the mere utterance of any type of fraud of this magnitude is somehow linked with a conspiracy of some sort.

Making money is not a conspiracy its a business plan and we're all players as tax players in their well layed out business plan.

C'mon can I get a little support in my outrage from somebody? Please don't question me on these facts because I'm so tired of providing links to the Fed's own website which says itself they are private, to Wikipedia and so forth only for the outrage to be lost in the mist of details. Yes I'm aware that the Board of Governors is supposed to regulate them.

We're being bilked and although I find it hard to prove I can clearly see its happening IMO.