So I began to question myself out loud. "How is giving Wall Street banksters $900 billion dollars going to free up credit markets? Will this money cause the bankers to now lend to people who want to borrow but have bad credit scores and who are unlikely to pay the money back? Does this bill take someone like me who qualifies to borrow money but unfortunately for the credit markets, has absolutely not an inkling of a urge to do so - especially while prices are going down?"
What we really have here is many American people who have not taken around two weeks out of their entire life to study the basics of economics. In lieu of learning they default their own personal responsibility to know this vital aspect of human existence, for mass media direction and talking points. The sad part is these Americans are baby spoon fed complete lies in official looking packages while the truth is easy to find and understand. In fact, I can teach even the dumbest individual the basics of economics in no time at all. All anyone needs is a motivation for the truth.
Here is the truth: The Federal Reserve international banks have been over printing reserve notes and that has artificially ballooned up prices especially in housing and in the stock market. Then these bankers stop the flow of dollars and the supply of the fake currency declines. Now the bankers don't normally get upset with the ensuing drop in prices that result because they have you locked into loans at the inflated price. Plus the adjustable loans kick in and the banksters really begin raking it in. Finally, they grab up the foreclosed property of the weakest in the deflating economy and hold these properties until they have begun to increase their faux currency once more - and the business cycle starts all over again.
The Federal Reserve Board got it very wrong this time however. These banksters' policy of printing as much money as they can get away with has caught up with them. Historically, when empires debase their currency in this manner it has signaled the end. This fact is easily verifiable. Look at the Germans during the 1920s. The same was true for the Ottoman and Roman empires. When empires devalue the money in this manner what it does is disrupt the pricing structure of the economy. Basically, everybody is charging higher and higher prices as the supply of dollars is ratcheting every higher. Then out of the blue the Federal Reserve cuts the flow of money by restricting credit availability and prices begin to fall but unevenly. Now with prices of the things we need difficult to determine, businesses have to reduce expenses as buying habits change with the prices. This means they cut employees mostly because humans are costly and unnecessary in an economy with shrinking activity and idleness. So more and more people first are jobless then homeless and cannot get credit. Others like me understand deflationary depressions and really begin to conserve and horde goods and dollars. We spend the dollars only for the absolute vital human needs. This further complicates economic activity because millions of us are not going to restaurants, flying on vacations, purchasing that new car, etc. That means even more job losses. By this time in a deflationary depression (about where we are now in the process) Anyone involved in Real Estate or Construction/Renovation must fear for their jobs and they add to the number of unemployed. Businesses everywhere large and small close their doors forever and still more workers are left jobless.
So how does extorting $900 billion more Federal Reserve space bucks from the increasingly unemployed public and forking it over to the Wall Street bankers help get the credit markets flowing again? Those who could won't and them that would c'aint. In reality prices have to fall to a point where we can afford to buy again. Artificially manipulating the market to prop up prices is the exact wrong thing to do and is what aggravated the Great Depression. However, this will allow these unprofitable behemoths banksters to make payroll for their employees for a few months. Surely after the election they will go under.
And this is what really worries me. I know we are following the Roman/Ottoman examples to the letter. So does Bush and his bankers. They know full well what they do by printing money for their friends' Wall Street Welfare. It will cause a complete economic collapse. But they act as if it doesn't concern them and they know something we don't know which will make the whole question of the economy secondary.
Therefore, stay close to home and conserve. Please use good hygiene and whenever you are in public wash your hands often. Keep them away from your face. Avoid unnecessary travel to the cities. Avoid public transportation and be very wary when you must use it. Keep a decent supply of cash at all times and use gold and silver to keep excess amounts should the currency becomes worthless. Finally, for God's sake quit looking at that idiot box for the stupid to hear what's going on.
They are lying about more than Castro.