By TRB

The total U.S. debt is 14 trillion - that is 14 thousand billion dollars.

The Republicans want to make $61 billion in budget cuts. Of course that's nothing, maybe a payment on the interest. It is all a crock, more of the same, blow it in your ear, Washington D.C. game of pass the buck, the responsibility, the collection plate, the water jug. It is a Walt Disney presentation except the actors are all ugly and don't know their lines.

We will all be dead before an ethical moment is even revealed in Washington D.C., land of the want-to-be bribed. Like a crazy chicken farm with even crazier chickens our politicians run around saying and doing the most bizarre things, proving, every time they open their mouths that we, the voters, have once again made a grievous mistake.

These people for whom we voted are idiots, mentally challenged. We have people who don't believe in evolution. We have a politician who believes slavery ended right after the Revolution. We have dozens who believe the President is a Muslim, a Socialist, who was not born in America.

But for a moment let's look at people appointed by President Obama. For example, let's look at Attorney General Eric Holder. We have questions for this supposed lawman. All of us do - at least we should.

We did not naturally descend to our present depth in this awful well. Our poverty as a nation is the work of man, is the work of specific men, is the intentional theft and fraud by particular men. We know who they are. We have their addresses. We could round them up in less than a week.

We could ask them: How was $11 trillion in wealth wiped out on your watch? How did 27 million lose their jobs? How did four million families lose their homes? If you were the Attorney General, wouldn't you want to know? 

 


security patrol property check service


The answers are simple enough. They are all right on the surface, a matter of public and private record. You've even got some of the papers in your desk just down the hall. They are the "important papers," the mortgage, the health insurance, the house insurance. You know where those are. We all know where ours are. Guess what? Some of them, mostly the mortgages, are not worth the paper they are written on.Taken together, they comprise the proof of a massive fraud. Billions of documents, all of them questionable as to their real worth. And all of it the responsibility of banks, investment houses and a few other institutions we were always told we could trust.

Then they ripped us off. Your bank ripped you off. Your insurance company ripped you off. Your investment house ripped you off. You have been ripped off. Does it make you feel like a damned fool to know that your bank down the street created this lousy economy you live in today? Or have we all been so expertly indoctrinated to believe that these "nice people" wouldn't steal from us. No, of course not. No more than you would rob their bank.

And it was so easy. All they had to do was deregulate all the rules and laws of their profession. Then they had to design some games that could be played with your money wherein you would always lose. That was too easy. The government "regulators" even helped them rip you off. The banks got hooked on the sub-prime mortgage and gave them away like candy on Halloween. But instead of taking them back to the office and making sure their sub-primes got their own little space on the shelf so they could easily be separated from all the mortgages that would probably be paid on time - they threw them all in together.

Then, if that wasn't stupid enough, they began to bet on them. Who would pay, who wouldn't? There were overs, unders, betting against the house. Betting against your house. Wall Street had become Las Vegas, and what happened there stayed there. At least it still has. And they are still doing it.

Recently an auditor from a large bank complained that he could not come up with a valid audit. But it didn't matter. The executives went before their shareholders at their annual meeting and promised the bank was in tip top shape. Yes, and without being able to obtain a valid audit. Of course they didn't tell them that part. Go ahead, lie to your shareholders; it is okay. We have ample evidence that this Attorney General does not prosecute thieves and liars. He is just filling that position to; well, to fill it.

Recently auditing firms looked at 911,000 mortgages that are being traded all around Main Street by the thieves of Wall Street, and performed what they call a "dipstick test." This is where they look at a certain percentage of the  mortgages to see if they are on the up and up. They discovered that 28.5 percent of the 911,000 mortgages were "flawed," meaning in most cases not worth a thing. They informed the seller of these "financial instruments" that more than one fourth of his wares were useless. But guess what? The holder of this bad paper had already "repackaged it" as solid triple A investments and had sold off at least 11% of it with no disclosure to the buyer whatsoever. This just happened recently. It is not over.

The greed, the theft, the lies; they will not end until some authority in this corporate-government calls for an investigation into this matter and the perpetrators are fitted with handcuffs.

The buyer in most of these cases are pension funds and 401Ks, i.e., the money the average American is planning on to support his or her final years.

Think about that for a minute: The government that won't investigate the banks who stole your retirement, now wants to take your social security too.

They are smothering us in bad paper. And the sellers know it and they are still doing it today as I write this, and Eric Holder might be having a cup of coffee and reading a Washington Post. But Wall Street and your local banks get up very early every morning and put in a full day of fraud.

Now, Instead of prosecuting the people who got the U.S. in this mess the corporate government has decided to go after the weakest in our society in an effort to get some of this money back. The states are hurting directly as a result of the fraud and theft of the banks. When all those houses were foreclosed, all those property taxes vanished. Then all those jobs were lost in the rigged trade deals the corporate government made with other nations, all of whom got the best of us. 

The corporate-government needs someone to blame, otherwise they will have to go after the very people who have been  filling their campaign chests. Scapegoats are necessary. So they will break some unions. Change the subject. Lower teachers pay in California, which is already only $50,000 a year. They will cut that teachers retirement pay to under $2400 a month. There will be a feeding frenzy during which the working man and woman and the union man and woman will lose everything they have gained over the years.

And the propagandist networks of NBC, CBS, ABC and Fox will tell us that the unions have to make "sacrifices" to make up for this massive fraud and theft committed by the bankers. They will even claim that the drop in the state budget is partly due to these unions and their benefits. But that is an easily proven lie. Let's just look at what are probably the three most anti-union states in the country, all of whom have few unions to speak of.

Florida is $3.6 billion in debt. Is that the fault of the unions? Louisiana is $1.7 billion in debt. Is that the fault of the unions? Texas is $13.4 billion in debt. That is certainly not the fault of any unions.

These states are in debt (states like Wisconsin), because like their citizens, they were ripped off by banks and Wall Street. The corporate government is in debt, because its own corporations committed fraud and theft and then had the nerve to take trillions of tax payer money right out of the Fed so they could continue stealing and defrauding the people out of their hard earned money

And Attorney General Eric Holder is getting ready to nod off for his afternoon nap.



You are viewing: The Cape Cod Daily Blog

Sponsored Content

[Advertise Here]

security patrol property check service

Tell All Your Friends

Subscribe & Stay Informed

Cape Cod Daily News FREE Home Delivery!


Advertise with us
Support this website



Latest Headlines

Grace…

Above photo: “Grace” by Eric Enstrom Please have a very safe and splendiferous Thanksgiving! God…

Early morning fire heavily damages house in Eastham

EASTHAM – An early morning fire heavily damaged a house in Eastham. Firefighters responded to 315R…

TWO HURT WHEN SUBARU FORESTER PLOWS INTO CHATHAM RESTAURANT

Above: Chatham PD photo/HN edits… CHATHAM, MASSACHUSETTS –  According to a Chatham Police…

***  LISTEN ***  SECTION OF RACE LANE CLOSED AFTER WOMAN W/ “CRAZY EYES” REPORTEDLY…

MARSTONS MILLS, MASSACHUSETTS – [DEVELOPING]  –  [HN “VIDEO” NOTES]  – …

Mastering Personal Branding (Here’s How You Can Too)

Mastering Personal Branding (Here’s How You Can Too)

Breaking: Police activity shuts down Race Lane near Old Barnstable Fairground Golf Course

MARSTONS MILLS – Police activity has temporarily closed a section of Race Lane near the Old Barnstable…

Select Board 11/26/2024

Select Board 11/26/2024

Car crashes into house in Dennis

DENNIS – A car reportedly crashed into a house shorty after 3:30 PM Wednesday. It happened at the…

» Today's News Headlines 11/28/2024