Controlled demolition of the economy
Mar 28, 2020
The Age of Terror was inaugurated with a series of controlled demolitions in New York City on Sept 11, 2001. Now the world is being led into the Age of Biological Terror with a controlled demolition of the economy that is already causing unprecedented carnage across markets and around the globe.
As the dust settles on this demolition, an entirely new economy is ready to be erected in its place: one in which no citizen will be out of the sight of the all-seeing government.
The Corbett Report examines details of this collapse and why the bankster class is seeking to destroy the financial Ponzi scheme they themselves created.
Banksters screaming this is going to be the biggest economic event in human history.
Negative rates come to the US: one month and three months Treasury bill yields are now below zero.
What’s rolling out now instead of decentralized cryptocurrency, they’re going to take it completely to centralized fiat blockchain and try to confuse the public with it. Mission accomplished because 99% of the public could not tell the difference and has no idea what’s going on.
Eventually there’s going to be digital certificates to prove you got the vaccine when it comes out. In order to be a good citizen and interact in society you’re going to have to have the vaccine. So take the vaccine and then you can get your money and if you think this is crazy talk, well tell that to Bill Gates.
D E C E N T R A L I Z E
Stimulus Bill: An Abomination Beyond Comprehension
Thanks to Judy for the Stimulus Bill video.
This is a further consolidation of wealth among the super-rich. By giving only the super-rich money at a time when asset prices are down and everything is depressed, so that those super-rich can take the taxpayers money and buy more of all the assets, to increase their stranglehold and hammerlock on America.
The fear of appearing to try to do something outside the scope of the historical corruption of this country, at a time when the government is trying to appear to be active in the face of the crisis, it is proven that not a single politician in America has the teeth or stomach to do that.
It took from September 2008 to March 2009 to steal a few trillion dollars in assets, and in this case because of the biological panic, and because they already did it once before, they were able to facilitate the theft in a matter of days, which is rather impressive.
The bank’s got bigger after Barack Obama bailed them out. They made the banks bigger and kicked 5.1 million people out of their house. Are they gonna do that again?
D.R. I think they’re gonna start kicking people out of their houses as soon as they can. I think legally they have to wait three months before they can really start destroying people’s lives.
What is the stimulus bill?
10:49 mins Daylan Ratigan
This bill is a bunch of money for the richest thousand people to consolidate the hammerlock across the totality of the American economy, using taxpayer money to strangle taxpayers, while calling it a bailout for taxpayers. All of it is just an exploitation of the biological event.
In 2009, the banks were made whole and they wanted your home too. This staggering criminal action is coming soon: 13:51 to 14:37 mins.
This bailout is bigger than the previous bailout and absolutely everybody is on board.
Restructuring the American economy – Silence is tacit CONsent
They are actively restructuring the American economy in a way that simply consolidates ownership of assets to a smaller and smaller group in the private sector, using each catastrophe as an opportunity to use taxpayer money to accomplish that and then they call it a bailout for the people.
It’s just a big CON because the people who own the government are extracting wealth.
D.R. That’s right. They’re just getting free money from the taxpayer to buy distressed assets from Americans, at a time when assets are distressed because of the biological catastrophe.
Betrayal by the political class
So, basically because you have a lot of people in distress from the catastrophe it’s a great opportunity to rapaciously strip them of all their assets, make them your tenant and take away all their ownership. The only way you can do that is if you have money, and the only place you can really get money is from the government, so these big companies get money from the government, and the big financial institutions get money from government, so they can raid all the assets and take complete ownership of everything.
Wake up to the CON in CONsent
You pay taxes to the government.
The government gives your tax money [bail out] to the banks; public silence is tacit or implied CONsent.
Due to COVID job loss some distressed home owners are unable to pay the mortgage.
So, using tax payer money [bail out] the banks buy these homes, take ownership, and kick the home owners out.
Why Washington’s COVID-19 Relief Package Must Be Stopped!
The Senate’s $2 Trillion Coronavirus Relief Package is not fiscal stimulus and it’s not a lifeline for the tens of millions of working people who have suddenly lost their jobs. It’s a fundamental restructuring of the US economy designed to strengthen the grip of the corrupt corporate-banking oligarchy while creating a permanent underclass that will be forced to work for slave wages. This isn’t stimulus, it’s shock therapy.
Did you know “if you don’t already have direct-deposit information on file with the IRS from previous tax returns, you won’t get the emergency funds for up to 4 months”? That means millions of people will have zero income for 4 months! What will become of them? Where will they go? Who will provide them with shelter and food?
Mnuchin is transforming the US Treasury into a hedge fund. It means the Treasury is going to use the $450 billion that is obliquely allocated in the emergency bill, to create a Special Purpose Vehicle (SPV)–which is a sleazy, off-balance sheet operation that is used to conceal underhanded bookkeeping, that will leverage up by 10x (which means that the Fed will use the $450 billion to borrow tens times more than the original amount or $4.5 trillion) that will be stealthily used to bail out underwater corporations, financial institutions and, yes, banks.
(Note–The fairy-tale about “well capitalized banks” is pure bunkum. These guys have serious exposure through “sponsored repo” which is lending to hedge funds via the repo market.) The Fed has already created one SPV for the Commercial Paper market under the Treasury’s Exchange Stabilization Fund (ESF) which is supposed to be used to mitigate volatility in global currency markets, not for bailing out failing corporations. It’s a complete misuse of funds.
Unfortunately, targeted suspension of the Sunshine Act will prevent the public from figuring out who is getting money in what amount and for what purpose. This whole scam has been carefully worked out right down to legal provisions preventing transparency. https://www.zerohedge.com/political/why-washingtons-covid-19-relief-package-must-be-stopped
The wealthy run the government at the expense of the people
What is the back story on the coronavirus aid package in Canada, and other countries because they are all in on this together?
Canada lawmakers pass coronavirus aid package
Mar 25, 2020
Canadian lawmakers approved a more than Can$100 billion aid package to help individuals and businesses through the pandemic, after all-night negotiations on what emergency powers to grant the minority government.
The measures include Can$52 billion ($37 billion) in direct support for families and businesses, and Can$55 billion in tax deferrals. https://news.yahoo.com/canada-lawmakers-pass-coronavirus-aid-package-night-session-131513285.html
It is suggested to prepay as much as you can. Please spread the word so people are informed and prepare. Thank you.
Doreen A Agostino
Without Prejudice and Without Recourse
Sent via hardwired computer
All wireless turned off to safeguard life