Thursday, February 25, 2010

Orwell Is Smiling...

It seems like the more the U.S. media and financial reporting ramps up the rhetoric on the dire situation in Greece/Europe, the closer California steps toward bankruptcy.  I don't care what anyone says, if California collapses - or even if Obama is instructed by his handlers to give California the $20 billion it needs - the consequences for the U.S. dollar and the global economy are much worse than if the PIIGS hit the wall. From Zerohedge.com yesterday:  California One Step Closer To Insolvency After State Cancels $2 Billion General Obligation Bond Sale Failed bond auction

Also lost in the shuffle is that fact that Goldman Sachs broke laws in helping Greece fraudulently hide some of its debt; AIG is on obligor on who knows how much in Greek Govt debt Credit Default Swaps; AND Bernanke had that evasive, timid, "I'm lyin' my ass off" look in his eyes when Ron Paul inquired as to whether or not the Fed was going to pitch in on the bailout of Greece.  If you connect GS and AIG with the fact that the Fed is legally permitted to buy foreign debt under the Monetary Control Act of 1980 with U.S. dollars, it would seem obvious what is going on here.

It's a shame that most Americans either have no clue about what's going on because they are too busy watching "Reality TV," or the ones that do bother to follow the superficial U.S. media will not believe the Golden Truth unless they hear it from Katie Couric or read it in their local garbage rag (i.e. NY Times, WashPost, Denver Post, etc).  No wonder Orwell's Smile just erupted into a full-blown belly laugh...

5 comments:

  1. I think once the sheep finally open their eyes, it will be far too late.

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  2. You mean Bernanke, Geithner, Summers and Robert Rubin will have already dismounted from humping them in the ass?

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  3. Dave,

    The irony of the situation is that once people like us do get to the truth, we find ourselves isolated from the mass populace.

    We break one barrier only to find another one in place. The propaganda machine responsible for this has been running full speed since 1915.

    The system will have to collapse before the masses wake up. Problem is, they will wake from a dream only to find out the real nightmare has begun.

    Joe M.


    Joe M.

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  4. Completely agree Joe. I told anyone willing to listen starting 7 years ago that the PTB would hold the system up until they've swept every crumb of middle class wealth off the table and into their own pockets. As it stands now, most middle class only have their IRA left and we know Obama is working on confiscating those with the retarded annuity program being discussed.

    Middle Class = everyone below the top .5% of wealth.

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  5. Yup, I found eyes 7 years ago also, and have been a net buyer of Glod and Silber ever since.

    Extra $100 lying around I buy metals.

    The clock tics, and like the rest I tried to warn those in my inner circle, some have caught on, the others sheep along or give thee old " I don't pay attention to that stuff "

    Hopium

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