Are you currently unemployed? Please consider running for political office. There are always uncontested races, and simply giving the public a choice of two candidates tells us that you have a 50% chance of getting the job! Have you seen those kinds of odds getting a job in your chosen field? Simply looking at the current politician in the job, assures you that it can't be that difficult to do the job!
There are many provisions in the election laws that allow people to have their name on the ballot without having to pay registration fees. Therefore there is no reason you should limit your job prospects! Heck, you can not do any worse than the current group of elected state and federal CONgressional representatives!
Recently there have been several news stories as it relates to Greece and the government debt. Most of these are slanted by the media for the “Too Big To Fail” banks to make it look like they are doing something positive to help the Greek people.
On the news aggregation website http://internationalfinancials.com there was a news story about how Americans are not investing into the stock markets, but are actually pulling their money out. This story was also slanted by the news media to make it appear to be a bad thing Americans are doing.
Larry Levin, a Chicago floor trader, has a daily missive that he emails, usually it is Larry discussing the markets and trading, but lately he has been following the Greek debt lots more closely. In fact, he has been seeking views of others about it, and sharing some information he has gathered from reputable sources.
Why should you care?
Larry has made several points lately about the Greece fiasco, “It was insolvent, then it was saved, then it was insolvent again, then it was saved, then it was insolvent again…then the banking mafia literally rewrote the rules of the game (bond sales) and screwed bond holders out of ~80% of their money and issued newer bonds to replace the old insolvent ones. Oh, and the new bonds are already nearly worthless.” The To Big To Fail (TBTF) banks are the same ones forcing Greece creditors to accept an 80% loss on their investments. Who are these Greece creditors? Many are the people of Greece through their retirement accounts, like the police.
These same banks sold credit default insurance contracts to the Greece creditors, and because the TBTF banks are in charge, the words ‘default’ are not being used and as such the banks get to keep the insurance premiums and ‘steal’ 80% of the principal from the Greece bond holders. Also the people and government of Greece have had to surrender some of their sovereignty to these banks.
How would you like it if you were forced to accept an 80% loss plus the loss of the insurance premium that you paid to protect your investment, plus sovereignty?
This very same mismanagement has been happening in the US, over a long time. Those supposedly elected temporary employees of ours have failed miserably in doing their jobs. They have spent money continuously that they do not have! They have robbed our country of its greatness, and now the US is no better than any other banana republic as its debt has grown to 107% of GDP. This is the official debt, in other words, the debt those temporary employees count. Not the debt they do not count.
On April 2nd, 2009 the U.S. CONgress forced the Federal Accounting Standards Board (FASB) to suspend rule 157 in favor of deceitful accounting for the TBTF banksters.
Should you be concerned?
The global central banking mafia sticks together and their openly admitted goal is higher stock prices in order to boost “confidence,” which will hopefully improve the overall economies.
What happens not if, but when, there is another 1987, or 2000, or 2008 market crash? Who’s going to bail out the foreign central banks? The U.S. Fed will, which means YOU.
From Bloomberg news:
The Bank of Israel will invest a portion of its foreign currency reserves in U.S. equities, the initial phase will amount to 2 percent of the $77 billion reserves, or about $1.5 billion.
About 9 percent of the foreign- exchange reserves of Switzerland’s central bank were invested in shares at the end of the third quarter 2011, the Swiss bank said on its website.
In November 2012, the opportunity of a lifetime is for everyone to vote and remove all State and Federal representatives, especially those that are owned by the TBTF Banksters and replace them with people that represent us, the “We The People” party!
Copyright © 2012 JD Durham
Article Source: http://www.bharatbhasha.net
Article Url: http://www.bharatbhasha.net/politics.php/369166
Article Added on Friday, April 20, 2012
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