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Financial Coup d’Etat
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Author:  CrimsonEagle [ Fri Feb 06, 2009 9:46 pm ]
Post subject:  Financial Coup d’Etat

Quote:
The response from the pension fund investors to this analysis was quite positive until the President of the CalPERS pension fund — the largest in the country — said, “You don’t understand. It’s too late. They have given up on the country. They are moving all the money out in the fall [of 1997]. They are moving it to Asia.”

Sure enough, that fall, significant amounts of moneys started leaving the US, including illegally. Over $4 trillion went missing from the US government. No one seemed to notice. Misled into thinking we were in a boom economy by a fraudulent debt bubble engineered with force and intention from the highest levels of the financial system, Americans were engaging in an orgy of consumption that was liquidating the real financial equity we needed urgently to reposition ourselves for the times ahead.

The mood that afternoon in London was quite sober. The question hung in the air, unspoken: once the bubble was over, was the time coming when we, too, would be “de-modernized?”

In 2009 — more than seven years later — this is a question that many of us are asking ourselves.



http://solari.com/blog/?p=2058

Author:  Purple Tang [ Fri Feb 06, 2009 10:42 pm ]
Post subject:  Re: Financial Coup d’Etat

The world is a chessboard for the intl financiers. Money is just x's and o's on their comuter screens anyway. There is nothing backing it up. Nothing.

Hold on for a bumpy ride. I think they bit off more than they can chew this time around.

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