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Wednesday, April 13, 2011

AS ON WALL STREET SO IN THE CITY OF LONDON

This is the sort of thing I've been waiting for.

The banks generated a credit bubble by creating loadsamoney out of thin air for loans and mortgages they knew would never be paid back, then sold the debts on with their partners in crime, the ratings agencies, stamping them as AAA. But what Taibi does not recognise is the Bilderberg Connection. Bilderberg let a major bank Lehman go under to cause the panic. Bilderberg then bought that bank up again to keep it in the family. The panic meant credit dried up. Bilderberg then gave hundreds and hundreds of billions of dollars to Bilderberg banks, who then bought up competitors while other competitors lost business to Bilderberg. And with the debts dumped on to the American people, while profits were privatised, the American public, and other publics of other nations across the globe, are now suffering severe austerity, inevitably killing people to save money.

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