Monday, June 21, 2010

KEEPING IT IN THE FAMILY

When reading this keep in mind The Godfather, in which the HQ of da gangstaz was The Federal Reserve Bank of New York.

The current financial crisis really came on with the bankruptcy of Lehman Brothers. For some reason Lehman was allowed to go under by Paulson. Lehman has been significantly involved in The Federal Reserve from the start, and so was one of "the family".

I suppose if you are to cause a problem then you may have to sacrifice your own to cause that problem. It's been done to start wars, most famously at Pearl Harbor 1941. You can't ask a competitor to sacrifice themselves, can you? And I suppose this explains why the likes of Dick Fuld and Fred Goodwin got such large salaries and benefits, even after their total failure. They were doing as they were told, not knowing exactly what they were doing. I mean Goodwin had zero banking expertise or experience, for Pete's sake (who is Pete anyway?)!

Hank Paulson refused to bailout Lehman Brothers. AIG and Bear Stearns had been bailed out earlier, but Lehman wasn't. Lehman went under and was then bought up by Barclays. Barclays has usually had someone at Bilderberg. During the 1990's and early 2000's it was Martin Taylor (now at Goldman Sachs), but this year it was Marcus Agius, Chairman of Barclays. Barclays is reported to have received £17 billion in bailout from the Federal Reserve (controlled by Bilderberg).

In the UK it was the Royal Bank of Scotland, member of Rothschild's Inter Alpha group, that really crashed and caused the meltdown in the British banking system. RBS had Bilderbergers Sir Tom McKillop and Sir Peter Sutherland on its board as it grew and grew and grew into the largest bank in the world. But then it too collapsed, requiring the largest bailout in British history, and causing a serious lack of confidence in the British banking system that caused some other banks to require more and more bailouts. As a result our public debt and deficit have increased to £1 trillion and £150 billion respectively. During the crisis another Bilderberg Inter-Alpha bank, Banco Santander, has gobbled up Abbey National, Bradford & Bingley, and Alliance & Leicester and and is about to gobble up RBS, while JP Morgan has bought up the investment arm of RBS, RBS Sempra.

So what can we take from this?

1. Bilderberg caused the current financial crisis by sacrificing two of their own, Lehman and RBS
2. the two sacrificed banks Lehman and RBS were bought up by other members of "the family", to keep their assets in "the family"
3. "the family" banks were also given bailouts by other members of "the family" at The Federal Reserve, while non-family banks were not, allowing "the family" banks to buy up their competitors, and survive the financial storm they had whipped up for us all.
4. in the crisis another member of "the family", the IMF, is demanding severe austerity in return for its loans.

You've gotta laugh.

And if BP is bought you can bet it will be by another member of "the family".

Here's where da gangstaz live, The New York Fed.

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