-- Posted Friday, 22 May 2009 | | Source: GoldSeek.com
By R. D. Bradshaw
The Rothschild Cabal has had to alter some of its plans on stealing the up to $100 trillion needed to cover its toxic assets, as discussed in the Goldsmiths, Part LXXX. It is this reality which seems to account for the efforts to show some improvements in the US economy, starting in April 2009.
Cabal team members and their prostitute politicians have been making speeches right and left about economic improvements and the allegation that the current recession will be over this year. The Cabal controlled government agents have been pumping out improving statistics for weeks now. Cabal banks and controlled businesses are reporting better earnings and balance sheets.
Cabal media powers have been flooding the news ways with stories about the resumption of the good old days. The Cabal has even temporarily released some of its push for deflation to open the spigots to allow some minor inflation. The PPT has been busy pumping up the stock markets. Even some commodity prices are ticking up somewhat (like oil). And the euro and foreign currencies have improved at the expense of the boosted dollar which has been moving down.
And if all this wasn’t enough to convince the public of an improving economy, Bloomberg recently reported that JP Morgan Chase, Morgan-Stanley and Goldman Sachs (all Rothschild controlled) had applied to the Fed to refund some $45 billion in taxpayer money back to the Treasury, ostensibly because the funds are not now needed. JPMC even announced on May 19th its plan to quit the $700 billion Tarp program. This is hard to comprehend. But it shows how serious the Cabal is on showing improvements in the US economy.
The Backdrop for this so-called Improvement
With the huge surge of taxpayer funds to the big Cabal banks, one might pause here and wonder why the Cabal would choose to change things as seems to be happening right now. The reasons for this temporary shift this spring might be numerous. But there are two issues which probably predominate. Here, I refer to (1) the personal security of the Cabal players and (2) their future ability to be able to continuously rip-off the taxpaying public.
After soaking the American taxpayers for trillions of dollars since 1913, the taxpayers have begun recently to get mad and say no more money for the money changers’ banks. This probably has put some fear and concern into the hearts of the Rothschild Cabal manipulators. After all, they run the risk of creating a revolution or anarchy in the streets which could bring about a collapse of their system of stealing from and taking advantage of the gullible voters.
The Confidence Problem
The London Financial Times of May 7, 2009 had a story by Chrystia Freeland on “What a feeling: how emotions may yet save the economy.” Freeland’s article was built on the book
Animal Spirits, by Nobel prize-winner George Akerlof and Yale economist Robert Shiller. Per the book, the public’s ideas, thinking and feelings about the economy “are not purely a rational reaction to data and experience.” They are a driver or pusher of economic progress.
In that sense, leaders must recognize that economic events are “mental in nature.” In this regard, it must be said that prior Goldsmiths articles have discussed at length the roles of fear and confidence in economics which are powerful motivating forces on a nation’s economy. So the work of Akerlof and Shiller is not new.
In any case, it appears that the Obama administration became concerned that the attitude of the American people was negative and especially after the $700 billion Tarp program and $800 billion stimulus effort. So, per Freeland, the Obama people mounted an effort to “brighten those ‘ideas and feelings’ (by) reassuring the nation with ‘glimmers of hope across the economy’ and the assertion that ‘we’re starting to see progress’”. Freeland goes on to suggest that Geithner’s stress test operation was a component of this new Obama confidence building campaign.
Reportedly, Obama told the Financial Times that following the passage of the Obama stimulus bill, the White House calculated that US lawmakers and voters had reached their limits. Freeland wrote: “No new money to rev up the economy or revive the banks would be forthcoming until the president and his team could demonstrate concrete results from the first installment.”
In other words, it became clear to the Rothschild Cabal that it could not con, squeeze, screw and/or cheat the American public out of any more money for the time being unless something was done to change the attitude and thinking of the American people.
Though not mentioned by Freeland, it is also clear that the Cabal leadership has to be cognizant of the dangers the money changers face if the loss of confidence promotes or instills revolution and anarchy in the people. Who knows, a riled up population could take its wrath out on the nation’s leaders, as happened in the French Revolution in the 1790s. And if anarchy should get more out of hand, the people could also take their anger out on the money changers. Per the Cabal, this must not be allowed to happen.
So, America’s political leaders and the secret, behind-the-scenes, ruling, Rothschild Cabal found it expedient to change its tune and start a program of rebuilding the public’s confidence in the plutocratic system of control over the American people. Freeland noted that a Google search of the words “economic recovery” turned up 6,991 references in January and 7,831 in February. In the first week of May, Freeland found that the phrase occurred 24,443 times.
Whether the response has been genuine or media propaganda and lies, there has been some alleged improvement in American thinking. Freeland cited a recent ABC/Washington Post poll which showed that Americans’ belief that their country is heading in the right direction had went “from 19 per cent, just before Mr Obama’s inauguration, to 50 per cent.” Supposedly, US investors responded and fueled a May rally in the stock market (although not cited by Freeland, the truth seems to be that the supposed stock upticks have come from the work of the Plunge Protection Team and not US investors).
Despite the alleged improvement, this writer thinks it essentially involves talk and hype and not true improvements from the public’s viewpoint. In other words, as summer rolls in, the economy will recommence its downturn.
Frankly, while the Cabal has been busy using its flunkies, like Bernanke, and its media powers to show some improvements in support of Obama’s imitation of FDR, I think these efforts will start to earnestly turn back down by fall. My take is that by late October, things will really look bad. So what we are now seeing is not genuine. It’s all smoke and mirrors to try to build up public confidence in the system to such a point that the rest of the US wealth can be transferred later to the Rothschild Cabal banks. Thus, it is all temporary.
What Now Seems to be Underway
In the above backdrop, the two main problems faced by the US rulers were the need to (1) figure out a way to con and cheat the public out of more of its money, despite the growing dissatisfaction and anger by people over the bank bail outs, and (2) to simmer down the anger lest it get out of control and the people rise up in anarchy and rebellion to take their wrath out on the politicians and ruling Cabal plutocrats.
The solution finally chosen by the Cabal masters has been to promote some alleged recovery and a media blitz to educate the public that everything is alright. Of course, the objective of the Cabal and its prostitute politicians remains the same. It is to con and cheat the public out of the last vestiges of wealth in America so that these assets can be successfully transferred to the big banks before the people get so riled up that they go wild in revolution and anarchy.
More Recent Follow-up
The London Financial Times of May 15, 2009 followed up with a story by Krishna Guha on the “US to roll out latest phase of rescue plan.” Here, in this article on the present work of the US leadership, it would seem logical that the focus is on the US economy; but I would just suggest that the US economy is not an essential issue. Instead, the effort underway is to further bail out the big banks for the up to $100 trillion in bad paper that they are still holding.
Thus, Guha addressed the publicly stated effort by saying: “With bank stress tests out of the way and favorably received by the markets, the Obama administration will now roll out the next phase of its financial rescue plan: schemes to deal with toxic ‘legacy assets’. Senior administration officials are keen to get new private-public marketplaces for these bubble-era loans and securities up and running quickly so banks can clean up their balance sheets and attract the $74.6bn (€54.8bn, £49bn) in equity they need to meet their stress test targets.”
In addressing these needs of the banks, Guha’s bottom line was that in applying the planned solution to the toxic assists, all banks will not be treated the same. Some will receive much help, others less help and some no help at all. Hence, we are moving more into an era of discrimination and favoritism as American politicians dole out the benefits. Obviously, the Rothschild Cabal banks will be the primary beneficiaries of any and all future public dole outs.
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-- Posted Friday, 22 May 2009 | Digg This Article
| Source: GoldSeek.com
