listening to Amy Goodman's interview with Matt Taibbi on his
excellent article “How Wall Street Insiders Are Using the
Bailout to Stage a Revolution”, I have to write what I
started to write this morning - but I'm just going to say
what I have to say because he said it's too complicated to
understand but I don't think so.
- Matt Taibbi
There is a saying in the consulting business: If you can't dazzle them with brilliance. Baffle them with bullshit.
What these Wall Street thieves and traitors are doing is baffling people with bullshit. I think it's less complicated if you look at it point of view of the agenda.
The agenda is the 'Green Economy'. The 'Green Economy' aka the 'New Economy' is about the deindustrialization of America - or as I said it before, reverse engineering civilization. When it is spoken of in the United States, it's always done in terms of "eliminating our dependence on foreign oil".
What do they really mean by that? If you take a statement by Maurice Strong seriously, then you can understand what deindustrialization is about:
Put yourself in the position of the 'traitors' on Wall Street for a moment. Wall Street has always worked on the basis of raising money to build businesses. But, because of "free trade", it's no longer profitable to build a business in the United States because they will be put out of business by cheaper foreign imports. So I think that what they did was to set up these hedge funds so that they could make their money by betting against the businesses that are targeted for obsolescence under the new paradigm of the 'Green Economy'. Because what they are doing is criminally insane, they created a smokescreen of complexity that is not really real when you understand the objectives.
The solution would be to simply shut down the derivatives trading altogether. They don't create any value anyway. It wouldn't have any greater impact on our economy than shutting down a casino - except for the fact, of what I believe is probably mob involvement. And I think that the threat to the Congress is - give us the money, give us the power or we'll start blowing up more buildings and bridges. Or perhaps one of the foreign workers at one of the National Labs will distribute some deadly, fast spreading disease.
But the "threat to Congress" isn't really a threat to the democrats and probably not to the leadership of the republican party either. They are in bed with the criminals. All these hearings are just showtime for the public. If they were really serious, the bonuses wouldn't be the issue because AIG would be in receivership - and not being managed by a member of the Board of Directors - and good buddy of Henry Paulson.
The "toxic assets" are all businesses having to do with the oil-based, industrial economy.
What I do know for sure is that Geithner's proposed solutions won't work - and they aren't intended to work. It will just buy them some more time to finish off our economy... after which he'll say, Gee I guess I was wrong. Sorry.
That's my theory and I'm sticking to it.