Present Economy Originally Set Up To Fail!

[Ducky]

Vicious little jerk circle

I don't doubt this one bit.

For example:

First of all, it behooves me to see a quarter sector of last years automobile financial projects to include a PROFIT, then all of a sudden (nice timing?) this year, the car sector suddenly goes tits up.

How the hell does any car industry go from making record profits in one year, and suddenly exposing their belly in a wanting and desperate fashion for a bailout in the next year?

It doesn't make any sense.

I suppose if anyone googled or was kind enough to show what I was talking about, they would recoil in question, the same way that I did.

I'm willing to bet that our current economic political system has an expirary date, and has been set up from the get go.

It was set up...in order to fail.

This in itself, would pave the way to other agendas.

You see...in order to think like DUCKY and many others, 'WE' project/forsee and evalute ahead the possible 'what if scenerios', and work along with those junctions/lines.

While mostly everyone hums along in their daily lives, there are those that calculate the extreme end of things.

Not so much gloom and doom, or happy-go-lucky scenerios, but REAL projections, cased with deliberate, scientific, and obvious conclusions.

I'm not the only one that is capturing a deep and breathtaking view of the 'goings ons' in these areas.

I challenge YOU all to see this as well.

WHY oh why, did our economy take a turn in the way that it did in this last while?

I'll tell you why.

Because it ran it's course.

It wasn't supposed to last as long as it did.

*throws the feed out to the perhana and yanks back hand*

[Lexion]

When in Rome...

Look at the histories of big
government.

Regards,
Lex

[guinnessford]

*How the hell does any car industry go from making record profits in one year, and suddenly exposing their belly in a wanting and desperate fashion for a bailout in the next year?*

Its a rob Peter to pay Paul type situation.

theyve been hiding losses, and fudging paperwork for sooo long, and now that one folded, they all came clean.

Kinda like a "fukkitt, lettem know" type thing, so they can get the monkey off their back.

The profits that were posted, or shown were paper.

All bullshit.

[Ducky]

]*How the hell does any car industry go from making record profits in one year, and suddenly exposing their belly in a wanting and desperate fashion for a bailout in the next year?*[/size]

This is what I'm wondering as well?

[Cogburn]

]*How the hell does any car industry go from making record profits in one year, and suddenly exposing their belly in a wanting and desperate fashion for a bailout in the next year?*[/size]

This is what I'm wondering as well?
Accounting tricks.

Notice this all happened when banks stopped lending 8 months ago. Businesses that were operating on credit in the promise of breaking even "someday" collapsed. What this did was reveal to the markets all those companies that were posting massive profits but were basically insolvent. Investors bailed out, the market dropped like a stone.

Notice all the small businesses that have folded in your home towns. Guess what... they were most likely all operating on credit and completely insolvent. This is not neccessarilly a bad thing, however it's nothing that an investor wants a part of unless they are looking for a place to burn money to avoid taxes. You'd be surprised how many businesses in Santa Barbara are operating on the latter....I digress.

Which of the major banks in the news is not a member of the Federal Reserve? Wells Fargo.

Which bank was forced by the U.S. Treasury to accept TARP money? Wells Fargo.

Of the banks comprising the Federal Reserve, Lehman Brothers was the first to go. CitiBank still teeters on the edge. It's interesting to note that the majority of the banks receiving TARP money comprise the Federal Reserve system. What it amounts to are banks being permitted to print money on and give it to themselves. The only thing backing the value of that money that is being printed is the value of the products of the labor of my grandchildren.

What the fuck is going on? You've got me, but something tells me that this isn't all bad. Now the "evil" banks of the Federal Reserve are dependent upon the common American citizen for their continued long-term welfare.

How can people claim that this was all the plot of evil Jew bankers when it in fact completely altered the balance of financial power?

Within two weeks and an organized rabble (ie labor unions) could bring about the end of western civilization. All they would have to do is go on a consolidated massive walk-out that lasted for 30 days.

Grocery stores would run out of food within 72 hours due to the Teamsters... you can figure out the rest from there.

No wonder we're being pacified. Give them ALL TARP money. It's our world now.

[Lexion]

Cog,

Union strikes would not have stopped
this.

Our Govt. created this decline, to
build another United States.

We've been led down a path.

And, sadly...most willingly followed
the shepherd.

Regards,
Lex

[Cogburn]

Cog,

Union strikes would not have stopped
this.

Our Govt. created this decline, to
build another United States.

We've been led down a path.

And, sadly...most willingly followed
the shepherd.

Regards,
Lex
The power to destroy a thing, is to control a thing.
- Frank Herbert

[pack3tg0st]

Organized labor isn't getting bailouts though... the money is carefully distributed to the uber rich banking cartels...

AIG gets over 170 Billion, no questions asked... they even are allowed to give out millions in bonuses...

Meanwhile, the auto industry asks for 20 billion... and they're shit on... they eventually get the money, but under very restrictive terms and are watched like a fuckin' hawk...

THEN the government tells the big 3 to renegotiate their contracts with the UAW...

Unions are getting fucked man...

But you do bring up a good point about wells fargo... The government is now FORCING financial institutions to take money... Once under the tarp, the Obama administration tells the banks how they will manage their finances, and who they HAVE to loan money to. Decisions that aren't leaving the banks profitable... I ran across this when researching Kellermann...

This is about control... fuck the manufacturing industry, even though it was manufacturing that got us out of the last depression... instead, give money away like none other to the rich elite...

They're intentionally prolonging the pain, which most economists agree they are doing...

Something is afoot... I'm not sure what it is, but this isn't a "fix" like they're saying...

[Ducky]

]*How the hell does any car industry go from making record profits in one year, and suddenly exposing their belly in a wanting and desperate fashion for a bailout in the next year?*[/size]

This is what I'm wondering as well?
Accounting tricks.

Notice this all happened when banks stopped lending 8 months ago. Businesses that were operating on credit in the promise of breaking even "someday" collapsed. What this did was reveal to the markets all those companies that were posting massive profits but were basically insolvent. Investors bailed out, the market dropped like a stone.

Notice all the small businesses that have folded in your home towns. Guess what... they were most likely all operating on credit and completely insolvent. This is not neccessarilly a bad thing, however it's nothing that an investor wants a part of unless they are looking for a place to burn money to avoid taxes. You'd be surprised how many businesses in Santa Barbara are operating on the latter....I digress.

Which of the major banks in the news is not a member of the Federal Reserve? Wells Fargo.

Which bank was forced by the U.S. Treasury to accept TARP money? Wells Fargo.

Of the banks comprising the Federal Reserve, Lehman Brothers was the first to go. CitiBank still teeters on the edge. It's interesting to note that the majority of the banks receiving TARP money comprise the Federal Reserve system. What it amounts to are banks being permitted to print money on and give it to themselves. The only thing backing the value of that money that is being printed is the value of the products of the labor of my grandchildren.

What the fuck is going on? You've got me, but something tells me that this isn't all bad. Now the "evil" banks of the Federal Reserve are dependent upon the common American citizen for their continued long-term welfare.

How can people claim that this was all the plot of evil Jew bankers when it in fact completely altered the balance of financial power?

Within two weeks and an organized rabble (ie labor unions) could bring about the end of western civilization. All they would have to do is go on a consolidated massive walk-out that lasted for 30 days.

Grocery stores would run out of food within 72 hours due to the Teamsters... you can figure out the rest from there.

No wonder we're being pacified. Give them ALL TARP money. It's our world now.

NOW we're talking.

[guinnessford]

The profits that were posted, or shown were paper.

Is there an echo in here?

Alot of banks are doing it, too.

They wont pay the price, cuz the Fed will just print some more paper out of thin air to cover them.

[Cogburn]

They're intentionally prolonging the pain, which most economists agree they are doing...

Something is afoot... I'm not sure what it is, but this isn't a "fix" like they're saying...
Exactly.

This is not what the Alex Jones crew are trying to paint this as. There's some seriously subtle shit going on and you have to follow the paper very closely.

I was saying months ago that this wasn't like the 1920's because the people that profited from that fiasco are losing their asses now.

... and gold still flirts with $1,000 after the IMF announced a 400 ton dump on the market.

Part of me can't help but wonder if it isn't the OP of this thread coming to fruition... the system eating itself alive. Humans are sometimes driven to irrational behavior, which causes chaos within the systems in which they participate.

The people who "orchestrated" this are the 5-6 guys sitting around a bar one night brainstorming on new investment vehicles under deregulation. One of them came up with the plan of mass marketing adjustable rate mortgages....

... and here we are.

Was the conspiracy in the deregulation itself? Was it done knowing full well that something was going to happen because of basic human greed?

[hp]

As for as companies like the auto industry. Two points...

Execs pays will be partially tied to the business appearing to make money.

That appearance will keep stock prices good and execs usually have much compensation based in stock options.

Wonder if we will ever really know if these execs lost any money or they cashed in before the gloom.

I agree that things are rarely as they seem. Time will tell...

[pack3tg0st]

Was the conspiracy in the deregulation itself? Was it done knowing full well that something was going to happen because of basic human greed?

I'm not sure exactly what the conspiracy is yet... It could be the fact that the ptb have us convinced that free market capitalism works... (which is doesn't, and never has ever in history... this is why the government injects fascist ideals into our "capitalist" market)...

It could be another power grab... taking away more money from the people, and helping the elite get richer...

This could be a massive political move... creating upheaval to affect the kind of response that the people pulling the strings are looking for...

This could also be a giant money making scheme...

Worse case scenario: it could be "all of the above".

we're fucked.

[pack3tg0st]

Wonder if we will ever really know if these execs lost any money or they cashed in before the gloom.

I agree that things are rarely as they seem. Time will tell...

Rumor has it here in Michigan that the execs of GM are selling their shares off at an alarming rate...

Look forward to GM bankruptcy announcements on June 1st.

[hp]

taking away more money from the people, and helping the elite get richer...

That's what the stock market seems to have always been. It's interesting that every so often the common investor loses money. And no wonder the biggest player keep getting richer and richer.

[pack3tg0st]

Hell HP, isn't one of the major problems the fact that the corrupt bastards on wall street found a way to make a profit off of debt?

for all intents and purposes, Debt = negative money.... Turning Negative money into profit takes some creativity, and a certain amount of insanity...

[Cogburn]

The profits that were posted, or shown were paper.

Is there an echo in here?

Alot of banks are doing it, too.

They wont pay the price, cuz the Fed will just print some more paper out of thin air to cover them.
You're missing the point GF....

The banks receiving the TARP money are the Federal Reserve.

[offsite=http://en.wikipedia.org/wiki/Federal_Reserve#Primary_Dealers:23qjd1ko]Primary Dealers
A primary dealer is a bank or securities broker-dealer that may trade directly with the Federal Reserve System of the United States.[48] They are required to make bids or offers when the Fed conducts open market operations, provide information to the Fed's open market trading desk, and to participate actively in U.S. Treasury securities auctions.[49] They consult with both the U.S. Treasury and the Fed about funding the budget deficit and implementing monetary policy. Many former employees of primary dealers work at the Treasury, because of their expertise in the government debt markets, though the Fed avoids a similar revolving door policy. [4] [5]
Between them, these dealers purchase the vast majority of the U.S. Treasury securities (T-bills, T-notes, and T-bonds) sold at auction, and resell them to the public. Their activities extend well beyond the Treasury market, for example, according to the Wall Street Journal Europe (2/9/06 p. 20), all of the top ten dealers in the foreign exchange market are also primary dealers, and between them account for almost 73% of forex trading volume. Arguably, this group's members are the most influential and powerful non-governmental institutions in world financial markets.
The primary dealers form a worldwide network that distributes new U.S. government debt. For example, Daiwa Securities and Mizuho Securities distribute the debt to Japanese buyers. BNP Paribas, Barclays, Deutsche Bank, and RBS Greenwich Capital (a division of the Royal Bank of Scotland) distribute the debt to European buyers. Goldman Sachs, and Citigroup account for many American buyers. Nevertheless, most of these firms compete internationally and in all major financial centers.

Current list of primary dealers
As of February 11, 2009 according to the Federal Reserve Bank of New York the list includes:
BNP Paribas Securities Corp.
Bank of America Securities LLC
Barclays Capital Inc.
Cantor Fitzgerald & Co.
Citigroup Global Markets Inc.
Credit Suisse Securities (USA) LLC
Daiwa Securities America Inc.
Deutsche Bank Securities Inc.
Dresdner Kleinwort Securities LLC.
Goldman, Sachs & Co.
Greenwich Capital Markets Inc.
HSBC Securities (USA) Inc.
J. P. Morgan Securities Inc.
Mizuho Securities USA Inc.
Morgan Stanley & Co. Incorporated
UBS Securities LLC.[/offsite:23qjd1ko]
The "Federal Reserve" is a printing press, plain and simple. The banks listed as primary dealers are the ones that control the money supply of this country. It doesn't matter how many bills the Fed prints if the primaries do not distribute them. This was the entire key to the banking takeover of the monetary system in the 20's. Your 1040s go to the Federal Reserve to pay interest on the money borrowed by the Federal Reserve. Guess who gets that interest? It's split between the primary dealers, the FDIC member banks, and the U.S. Treasury, in that order. Nice system, eh?

Notice the number of foreign banking institutions that control the dollar supply around the world... who owns those?

Now compare that list to the list of banks on the "stress test"... then compare that list to the list of banks receiving TARP money.

Notice anything familiar?

The U.S. dollar is now backed 100% on the labor of the American worker, period. That is the only commodity left wholly owned by the United States government.

You and I are the foundation of the economy of the world, not in any figurative sense.... literally.

[pack3tg0st]

What you're saying makes perfect sense Cog...

What doesn't make sense to me is why fuck over labor even more?

Or maybe that's not supposed to make sense to us "little people"

why is the government giving away power?

WTF is going on here?

Are we going to become The United States of America Inc. LLC?

It wouldn't be a very long journey to being an LLC... we're 98% of the way there already.

[hp]

People regular don't amount to anything. The elite just work around us for their own means.

[pack3tg0st]

I wish I was intelligent enough to figure out what was going on for the last few weeks...

The Stock market was going strong... even though the economy was tanking...

All economic news was shitty... but stocks went up.

some people know something we don't.

[guinnessford]

Kinda like when the mafia infuses money into a business, Cog?

That makes sense, if thats what you mean.


I forgot to ask, whats the symbol in your avvie, Cog? Its cool lookin

[Cogburn]

I wish I was intelligent enough to figure out what was going on for the last few weeks...

The Stock market was going strong... even though the economy was tanking...

All economic news was shitty... but stocks went up.

some people know something we don't.
lol you're plenty smart enough... all you need is immersion into the lingo and the rules.

The recent upturn was a bear market rally... Even when the market is going south, there's still money to be made. News events effect the market more than analysts would like.

The market soared when the stress test results came out because it added certainty to the market, even though the news was bad.... people just wanted to know that there was a light at the end of the tunnel that wasn't a train. That rally got squashed by the news that GM was closing 20% of dealerships and Chrysler was going under completely.

Financial news organs like the WSJ, Bloomberg and CNBC are good for cluing you in on the kinds of news that effect the markets, but really bad for advice on how to play them.

[Cogburn]

I forgot to ask, whats the symbol in your avvie, Cog? Its cool lookin
I designed it as a part of my P?I? (IV°) degree work in the OTO.

http://oto-usa.org/index.html

[Cheezit]

I forgot to ask, whats the symbol in your avvie, Cog? Its cool lookin
I designed it as a part of my P?I? (IV°) degree work in the OTO.

http://oto-usa.org/index.html

Looks like a stick figure three way... maybe 4 way. :lol:

No, it looks good.

[torbjon]

Ducky:

Funny you should mention the auto industry... them failing has been on my mind lately.

There's nothing in the rules that says that they HAVE to make cars for Private Ownership, right? Cars are a LUXURY item (not a "necessity" like most numbnuts claim)

They hold all the cards when it comes to cars. They are in cahoots with the gas folks, the road folks, the insurance folks, etc.

They kinda compete against each other but not really...

Basically it's just one big monopoly... with them supplying the crack, and us smokin' it up and gettin' addicted like there's no tomorrow...

But, not enough folks are smokin' their crack anymore and they ain't makin' the kinda money they want to make...

Sooooo...

As a Drug Dealer... what would I do??

I'd get alla them bozos strung out on a new drug, that's what I'd do, right?

And they are all set up to do it, too... what I don't understand is why they ain't doing it.

Stop making cars. Stop making the parts for existing cars. Augment the gas so existing cars can't burn the stuff...

Got the masses by the short hairs now, don'tcha? They'll do ANYTHING to get their fix, right?

Build mass transit units instead.

Churn out taxis and shuttle buses and big ol' cross country Luxury Land Liners... turn the dealerships and gas holes into groovy way stations, less "civilian" traffic on the roads with a higher ratio of "professional" drivers means they can go even Faster and get more turn-a-rounds during a day than those things do now...

honestly, how much Cash would a TAXI bring in during a year? Two years?

Currently, the auto makers ain't getting one red cent outta me... I've never bought a car (new or used) and never will... but I do use public transport... if there was More public transport I'd use it More... and if they Owned and Operated public transport then they'd be getting the grand or two that I spend every year on transportation (instead of the city or private carriers that I use now...)

seems pretty simple to me (but I'm dumb)

since they don't seem to be doing that, then ya, the end is near and we're all gonna die.

g'night

[guinnessford]

They are in cahoots with the gas folks, the road folks, the insurance folks, etc.



Exactly.

Thats why they still use combustion engines fueled by gas and diesel, and arent as safe as they could be.

The internal combustion engine has been obsolete for 40 plus years, but kinda like a lightbulb thatll last 100 years, manufacturing/corporate mafia hitmen would "take out" the ideas.

th hybrid technology brouht together by a Honda/G.M. joint venture is 30 years old, but would never be implemented by anyone, until it was leaked and demanded.

When Honda and G.M./Isuzu cross marketed the Rodeo/Passport, it was the beginning of the true sharing of the hybrid technology, and shortly after, the Honda Insight came out.

G.M. being a more corporate mafia/ big oil controlled company wouldnt dare be the first kid on the block to market anything fuel efficient.

Wait til the C.A.F.E. standards hit....40% increase in mileage, thatll stir some shit up