Conspiracy Corner: Our broken economy

with the shadowy government that actually pulls the strings.

Personally, I would re-frame that to say "purse-strings." This casts a slightly different light on it. Frankly, the scuttlebutt around the 'Net points to the unusual concentration of Jewish bankers involved in all these money and bank scandals. Of course, one can't say that without instantly being branded anti-Semitic, but when has any criticism stopped me? I will speak my mind. I do think it's worthy of discussion, because it just reinforces the ancient stereotype of the Jewish money-grubber and it ultimately harms ordinary, compassionate and humane Jewish people by lumping them in with the criminals.

Excellent post,Lynn. My idea for a solution, while not very profound, is much like yours. Be informed. Put one foot ahead of the other and walk on through the fog. We can put this behind us.

The powers that "be" are doing a great job of masking the Bush, Cheney, criminal force that was active destroying what is good and trying to head in to mass wars. I notice Cheney is becoming active again. There should have been a deep investigation in to him, his torture tactics, his cover ups, his strong arm way of believing he is above the law. (Of course along with his underlings and patrons-The Bushes). Where is the investigation? Anyway thanks for the article Lynn and thanks for sticking to the facts. Sometimes people get off message and lose the thrust of reality. You do a good job.

You nailed it with this on Lynn. The system is designed to keep people in perpetual slavery without actually having to force them physically. It's incredible really, more and more I hear people saying "I'll never retire". It's amazing how they've been duped. I have pulled all my money out of the stock market and have no plans to go back in. But whether or not that plan turns out, the reason for people's enslavement isn't just the corrupt system, its the ideal of materialism. Rather than have a reasonable retirmement, people demand all the trappings of wealth for themselves, and turn a blind eye to how the toll adds up and what it means for their future. It's a culture of material entitlement. We created this mess just as much as they did.

By the way, that link above, I thought for a moment I was the victim of a conspiracy, but you need to remove the full stop at the end or it won't work. Here it is again: http://www.usagold.com/federalreserve.html

The ex chief of BOA-Ken Steele moved over as head of the bank two weeks ago. Any one can see that the public dislike for this man was getting too great. Banks want to do their dirty laundry below the radar. Did you know for years all the big banks were letting checks cashed by boiler room operations, of the elderly without a signature on the check.Billions of dollars were just stolen. The government slapped them on the hand and 3/4 went back and continued to illegally pass checks. So in order to keep up these crimes they have to operate just below public feeling. Ken Steele was eliciting too much public feeling so he moved over, he is still in power at BOA.

Thank you for your service and wealth of information. It is invaluable.

Linda

Although in your post you make many good points, I don´t find it to be completely objective.

"I don't blame Obama - he inherited a disaster from the Bush administration and is in a "damned if you do, damned if you don't" situation"

I see this as a very poor argument that has been going around for a while. Obama´s campaign was based on Change. The only thing he changed in Washington is the rhethoric. Now it´s about eloquent verbal justice and collaboration discourse. All just superficial shine. However, his monetary, fiscal and political policies are not only in the same lane than Bushe´s, but he has stepped on the gas pedal with much more vigor and is taking the country right into a much deeper abyss of poverty and enslavement. There are plenty of excellent economists he could have chosen who have been warning about this crisis for many, many years, yet he chose to work with those who created the problems. Practically, there is simply NO excuse for this.

Spiritually, what it shows is that the country really needs to fall deep, so it probably is his purpose to help with the transformation by furthering the destruction. Maybe once the people have been severely disappointed by him, they will finally wake up and stop giving away their power to corrupt governments.

"And without a solid understanding of the astrological cycles and the fact that Pluto's entry into Capricorn began a systematic contraction in the financial system, it would make sense to pump money into the economy in order to save it".

It would make sense to pump money into an economy that is restructuring, but it does not make any sense to inject more money into the same phony economy. This just prevents the system from cleansing itself, aggravates the existing problems and postpones the consequences that have to be dealt with regardless. It just shows the financial illiteracy that abounds.The government should have cut its spending, stopping all stimulus and bailouts. Restructuring the economy would have focused on higher savings, higher interest rates and lowering government deficits. This way the US could attract solid international investments. But such policies would initially have created VERY unpleasant economic and political consequences, that no one has been willing to face.

"It does astonish me that in today's Internet age, where information is so freely available, that the people can still be so deluded by propaganda as to be convinced to resist the regulation of these big financial institutions".

Here you are looking at the Consequences as the Problem, instead of looking at the real Cause of it. Therefore the solution proposed, more regulation for everyone, is the poorest option, as this creates more distortions plus it also punishes those companies who have been behaving ethically. And I am not defending the banks, NOT ONE of them should have received a bail out.

All these various bubbles in real estate and financial services are due to the fact that Greenspan, Bernanke and the government supported a policy of cheap consumer credit and low interest rates for many years. THEY CREATED the worst credit bubble in history. THAT IS THE CAUSE. The financial institutions are not the cause of the problem. They merely took advantage of it. When you overflow the market with so much artificial, fake fiat money it HAS to go somewhere and people will go wild over it. On top of that, not only did the FED and the government create this fake fiat money, but they also backed these institutions with guarantees, PROMOTING irresponsible risk taking. So yes, financial institutions engaged in reckless behavior and so did the consumer, those who bought 5 or 6 houses with no job or money down or those who used their homes like ATM machines. But these are the CONSEQUENCES of corrupt government policies that gave the market the FALSE SIGNALS, which were then completely misinterpreted and caused everyone to act irresponsibly.

The problem has absolutely nothing to do with the Free Market. A real Free Market ceased to exist in the US when the Federal Reserve was created. By further promoting regulations in the business world, you will strangle the economy to a complete stand still.