Tuesday, September 16, 2008

BAILOUTS

Question : if a business is that important to the economy that it can never, ever be allowed to fail, then should that business be in private hands?

AIG is the insurer to the banks. The banks have the power to create virtually unlimited quantities of non-existent money, so when issuing loans etc do not really lose anything, just a few numbers. But when there is also a requirement for an insurer of those loans etc, then this opens up a whole new can of worms.

The power to create money is in private hands, and the power to insure those loans is also in private hands. This gives those private hands tremendous potential for manipulation. Too many crap loans can be issued, those loans must be insured, but who picks up the bill when those loans go bad? If the loans are not repaid via insurance etc the banks fail. If the banks fail then the economy fails.

They have us by the jaffas.

But only because we let 'em.

For us to be so dependent on these corporations is incredible. They cannot be allowed to fail. Therefore they can do anything they want to maximzize profit and we must bail them out if shit happens.

On the board of AIG is senior Bilderberger Richard Holbrooke, and James Orr, Chairman of The Rockefeller Foundation.

AIG was built up by Maurice Greenberg. In 1993 IAG saved Kroll Associates, known as the CIA on Wall Street due to the large presence of former spies from the Anglo-American intel community. Greenberg is a Kissinger gofer, and was very high up in the CFR and in The Federal Reserve System. This proves Greenberg's commitment to the cause, implying AIG is a very important cog in the NWO finanical machinery.

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