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.”

Neel Kashkari and Treasury Secretary Henry Paulson are tasked with greatest cover up and the greatest fraud ever perpetrated upon the world.  I’m now so certain that 9/11 and this economic crisis are planned events.  Securities fraud was happening on a grand scale and the US people are now being asked to pay for the biggest cover-up in the history of the world.  I believe that if you were to see into the heart of this crisis you would find Henry Paulson, and Bush.  Trillions of dollars were being skimmed from wall street using unregulated auction rate securities.  Remember Enron?  This skimming operation has been going on since then.  However, now they can’t have a demolition of all the investment banks like they did on 9/11 with the Twin Towers, so the plan is to simply burn as many records exposing the fraud as they can in the next three months.  Unfortunately I believe that Obama and McCain are on board and have no interest in exposing the truth.

Listen to this story on Marketplace!

http://marketplace.publicradio.org/display/web/2008/08/13/settlement/

http://securities-fraud-blog.com/

http://www.huffingtonpost.com/dan-solin/the-auction-rate-securiti_b_120796.html

~ by darkhorsetrader on April 20, 2008.