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Please place this under economic news Tim.
Subject: Greenspan: hard to believe that in 60's, he detested the federal reserve; believed in hard currency
Date: Thu, 20 Sep 2007 08:26:44 -0400
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Account Management
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Greenspan Working To Destroy US Economy
Puppets of the elite posing as saviors once again
Over the past few days Alan Greenspan has appeared in every major financial publication to explain exactly what is going to happen to the economy and what the next steps should be, while also deriding the Neocon administration for the current downturn. For this he has been lauded as some form of economic savior, yet a cursory examination of the facts reveals that the economic decline has long been in the pipeline and Greenspan and his ilk operate under the influence of those who continue to engineer the slow meltdown.
Alan Greenspan and Paul Volker, both former Federal Reserve Chairmen, along with current chairman Ben Bernanke, the Treasury Secretary Henry Paulson and Alistair Darling, Exchequer of the Treasury in England have been out in unison since last Friday announcing over and over that the economy is going to implode, there is going to be serious inflation, housing is going to go down between ten and thirty percent, and the Dollar is going to be replaced with the Euro.
See:
Greenspan: Euro Gains As Reserve Choice
Alan Greenspan warns of UK house prices drop
Greenspan alert on US house prices
Greenspan predicts falling house prices, rising inflation
With the effects of the credit crunch hitting more and more lower level lenders, it is clear to see that the fallout is spreading and propagating a general decline. We are seeing the unfolding of an overall meltdown that represents a gutting of the United States by neo-mercantilist institutions bent on the formation of a new global monopoly.
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We are witnessing the unfolding of a crash exactly as predicted by Former World Bank Vice President, Chief Economist and Nobel Prize winner Joseph Stiglitz this time last year.
Stiglitz agreed that the process of hijacking and looting key infrastructure on the part of the IMF and World Bank, as an offshoot of predatory globalization, has now moved from the third world to Europe, the United States and Canada.
Stiglitz warned that the signs were there with plummeting real estate prices in the U.S., stating that a global economic depression could only be avoided if a correction was made.
But no correction will be made because the World Bank/IMF/Globalist doctrine betrays a focused agenda to deliberately foment economic turmoil, riots, and then enforced bondage to eternal debt. We have witnessed this time and time again, their own documents even confirm this as the chosen method of social control.
The shareholders of Federal Reserve, part of the same group of elite families that owns the bank of England, created the IMF and World bank to siphon government funds. Then they effectively steal the real assets of the third world countries that take their loans in some cases at 42% interest. These global loan sharks secure the water, power and roads which are then handed over to private, piratical, letter of mark companies.
The heads of such companies, together with the central banks come together within elite institutions such as the Bilderberg group to pull together their policies and discuss how to proceed.
Bilderberg have sworn to bring about what Jose Barroso, President of the European Commission and a Bilderberg member, refers to as the "post-industrial revolution," which in layman's terms translates as a global economic crash, another great depression and the total evisceration of the middle class. They are intent on achieving this by ensuring oil prices soar via a combination of conflict in the middle east and encouraging fears over peak oil.
At the 2005 Bilderberg meeting sources inside the group told reporters Daniel Estulin and Jim Tucker, who have built up a credible reputation for accurately forecasting future events based on leaks from Bilderberg conferences, that the elite wanted to consolidate by bringing down the standard of living in the US and Europe, fearing that the middle class is out of control and has been granted too much credit which must be offset by a phase of consolidation.
We now see figures like Alan Greenspan re-iterating the exact same mantra, that there has been too much "irrational exuberance".
Greenspan is now being lauded for doing the job of publicly destroying confidence in the dollar, publicly trying to destroy confidence in the banks, and publicly trying to destroy the economy, enabling a consolidation during a recession as set out exactly in globalist blueprints.
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----------------------------------------------------------------------------------------500 billion globally has been pumped in not to save the markets, but to ensure a slow, gradual, non-panic inducing decline.
It is disgusting to see the very people, the elite central bankers that the founding fathers of the U.S. fought against, the very veracious criminals that took over the economy and bankrupted the country, present themselves as salvation.
It was the banks that issued the credit, the banks that overprinted the money and the banks that sent credit cards to 17 year old high school graduates. When the elite start positioning themselves, blaming the fallout of their own actions on scapegoats and posing as our guardians, alarm bells should be ringing.
Two and a half years ago they tried to pop the real estate bubble, a year and a half ago they tried again, and this year they have succeeded. While allowing credit to continue, the central banks had the larger institutions stop buying paper securities, now that has caused a major restriction in the issuance of credit. They are not the saviors, they are the perpetrators.
The crisis is an engineered one on behalf of a global elite who have long pushed for increased regionalization, a single currency and a market they can monopolize more effectively.
Listen to Alex Jones' impassioned rant on this topic here.
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