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~~~ March 2009 News Stories ~~~

~~~ ~ So where do the Bailout Billions Go? ~ ~~~

This month both Democrats and Republicans realize that they have signed bailout funding that has no oversight. Countries around the world that are bailing out financial institutions are finding out little about where the money goes and probably only the insiders have any idea at all. Credit default swaps are bets that a loan will not be repaid and purchased in the form of insurance and there may be about $50 TRILLION of these things floating around, all hedged at about 10% or even less. AIG and Citigroup are being inundated with CDS’s being honored. The deeper it goes the worse it gets. GM dealers are rated at less than triple A so it’s hard for them to get financing to put the cars on the lot and about half the people that try to buy a car are refused a loan. Is the Rothchild empire placing a stranglehold on the world supply of money in order to consolidate all the weaker companies and banks under their wing? Is this boom and bust cycle just another manufactured bit of nonsense created by phony Fed Banksters? One news story is about Obama going grey rapidly and perhaps a contributing factor is the stack of lies and spin he must deal with and spew forth knowing full well that it’s all BS. There’s nothing harder for an honest, altruistic man like Barack trying to survive in the real world when he would like nothing more than to just deal with the truth and the issues. Shame his puppet strings won’t let him.

My predictions are based on the belief that there is no way out of this global meltdown since it is predicated on the premise that money is used to base all the decisions of humanity on and trying to do so will eventually lead to catastrophe and that is coming true slowly but surely. If bankers and investors were subservient to the rule of law and legislature, which they aren’t, then we might have a chance but as things stand even the atmosphere of this planet is endangered by the greed that moneyism engenders. The Richest among us do nothing to justify their existence and spend full time stealing from the wealthy who in turn must steal from those that actually work and on it goes. We will see many ups and downs before 2012 when all this should be finally settled but mostly there will be only new lows.

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