What exactly is happening with this Sub-Prime Economic bail-out?
“The Fed has now crossed the line in a very clear way on ‘moral hazard,’ because they have opened the door to the view that they are required to save almost any institution through non-recourse loans — except the government doesn’t have the money and it destroys the U.S.’s reputation as the broadest, deepest, most transparent and properly regulated capital market in the world.”
http://www.huffingtonpost.com/2008/03/16/a-fed-bailout-crosses-a-l_n_91780.html
“So what should BS shareholders do? Here is a three-step plan with a two-pronged attack that can’t fail: Step One: Litigate against any efforts to transfer BS shares to JP Morgan, including a TRO against any BS directors who the Illuminati have paid off to sell out shareholders and then immediately seek bankruptcy protection for BS, threatening a complete liquidation under Chapter 7. This will threaten the entire financial system and expose JP Morgan to losses on its guarantees to BS in the event the merger falls through and to massive counter party risk on toxic waste derivatives. Step Two: Put together a consortium of wealthier shareholders (i.e. billionaires like Mr. Lewis) and hedge funds and, depending on the size of your kitty, threaten to buy anywhere from 100 to 400 metric tonnes of gold in one week, using mainly physical gold markets, but also gold futures on the COMEX to take advantage of leverage. Both together could be used quite effectively. This potential gold rally would threaten the number one priority of the Illuminati - gold suppression - because gold is the alarm bell that is warning everyone that the Illuminati and the Fed have destroyed the US economy. Bear in mind that our economy has already been destroyed, but our despicable media and government, along with the diabolical Fed, have delayed and covered up this disastrous news by wildly inflating the money supply to show false growth, by refusing to publish M3 (total money supply) statistics to cover up their inflationary binge and by lying through their teeth about every economic statistic available to the public, letting out bits and pieces of our economic demise a little at a time to prevent mass panic. Any threatened gold rally would help publicly expose these problems and send the bungling Illuminati into painful epileptic seizures and a collective myocardial infarction. Step Three: This is the fun part where you get to name your price - how about $160? The Illuminati will have to pay it or the whole system comes down and gold goes to infinity! How’s that for revenge!?”
http://www.theinternationalforecaster.com/item.php?articleid=234
I have to hand it to “The international Forecaster” for actually devising a pretty good plan on how to make these folks pay! LOL