Sunday, March 19, 2023

How to Rob A Country (and totally get away with it)

It all begins with this…



because there is nothing more dangerous than a politician with a plan to help poor and marginalized folks out. 

Do you remember all those "toxic assets" that were clogging up the financial system back in 2008? 

You might be surprised to learn that those "toxic assets" were actually $3 trillion dollars worth of homes and real estate. Weird, huh? 

Guess who took all $3 trillion dollars worth of that real estate and homes? 

The Federal Reserve got all of them for free with the money they generated out of thin air, then loaned to the government at interest. Who in turn loaned it to the commercial banks at higher interest, who loaned it to your mortgage lender at even higher interest, who loaned it to you at even higher interest. So you could buy a house. But then the Federal Reserve who started this whole process with their conjured up fiat currency, jacks up interest rates which doubles you payments. You can't afford that, so you have to walk away from the loan because the property is so deep under water. You're like.. 

"Fuck it, I got it for No-Money Down! anyways", and you walk away…

Not realizing that the "No-Money Down!" clause was a lending standard instituted by the Federal Reserve. Then along comes the Resolution Trust Corporation, which is a holding company created by the Federal Reserve who takes your "Toxic Asset" home into receivership and sells their nice, new free house they got for the free money they created out of nothing, then sold it for one hell of a profit when the Federal Reserve dropped interest rates to zero and drove the value of properties to the stratosphere*.


But you're so financially ignorant you don't even know a crime had been committed. So, anyways have fun demanding the blood of some banker who didn't cause the problem or do anything wrong. You're just too busy crucifying one of the thieves at Christ's side while letting Satan off scott free.


* and created a bumper crop of homeless people too. Bonus, huh?

That's how to rob a country, and totally get away with it.



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