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Old 10-12-2008, 02:50 PM   #84 (permalink)
Nietzsche13
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Join Date: Jul 2003
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Quote:
Originally Posted by Gotti McCarran View Post
Stop leaning on others dude. IF THEY GET CLOUD ON THE INTERNET AND APPEARANCES ON TV THEY ARE EITHER FAKE OPPOSITION OR PSYOPS. If you learn something from 9/11, than it would be that there is nobody giving you the truth out there that ever gets popular. The biggest con artists and fakers, the biggest posers, they get the traffic, the mention the name and they bury their ideas deep for everyone to see on the media.

So I suggest if I do look through this look for gate keeping. Look for the big lie that gets protected by any means. See, Ron Paul is controlled as well. If I had any doubt about this it ended during his campaign. It as ridiculous how big his support and donations were and what he managed to do with it. When he decided for tactical reasons to let the media completely crash his campaign while standing by doing nothing, this was when I became 100% sure that was his job.

They tell you the truth for as long as it takes for you to gain trust and they do this simply to sink the big lie that needs to be protected or sometimes to channel your anger into a harmless path they control.

They are not the Jews, the Zionist, the Jesuits, the Neo-Cons or whatever little part of the bigger picture crazy people blame this on. It's a well organized powerful shadow government consisting of the CFR, Trilateral Commission and Bilderberg that really runs things and they give a fuck about all the superficial divisions they give us to rule us. They are black Democrats, Japanese Republicans, German farmers,.....,anything....as long as you're rich, influential and you lie your ass of to support the course, mainly centralizing all power in their hands.

It's real and people need to understand this has nothing to do with alien conspiracies, it's about making money and getting power, very real things.
I'm not sure what you are getting at here dude.

Wht you need to know is that the people on the hook are those who insured sub-prime loans to the tune of $500 trillion.

Here is what happened. Back when the market was booming (2003-2005), banks and other institutions were selling those loans in massive bundles to other investors. When they sold the mortaga backed securitites they also offered an insurance policy on the investment. They were guaranteeing the investment for a fee. This is the credit default swap issue. Why not? The prices of himes were going up like crazy so what's the risk to the issuer. In the event of foreclosure, the homes as collateral would cover the investment. Since this aspect of the market was de-regulated, torms that issued and sold this insurance did not have any reserve requirements. When you sell life insurance, for instance, a company is required to have adequate asstes to cover the future cash outlays. In this case, there was NOTHING to back potntial losses in mortages.

SO the housing market tanked and guess what? All the institutions that sold these credit defaul swaps are on the hook to cover the losses. They insured the investments and made huge profits when they did. Accounting techniques led to the realization of immediate profiits when these instruments were sold (bonuses kicking in), but did not show the liability because how do you value real estate in real time.

Here lies the problem. All of the institutions who sold these instruments now have an obligation to pay up and they do not have the money. It is estimated that the liability is $500 trillion. If the real estate market recovers, foreclosures stop, and the prices of homes returns to the boom levels everything will be fine. If the market continues to tank, foreclosures rise, and prices continue to drop, its all over.

I don't think there is $500 trillion in this world to cover the gambling debts of these people. They made these bets without any assests to back it up. They thought it was a no brainer with little risk and they were wrong. And now they are looking for a way out. There isn't one.

This is what is going on. This is the big issue. Powerful people are on the hook and they are finished. Anyone who sold credit default swaps is a goner. When they cannot pay, it will trickle down to those who hold the mortage securities. Then they will lose too.

Meltdown.
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