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alstry (35.03)

Barney Bin Laden Joins Benny Bin Laden

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October 11, 2009 – Comments (10)

Did Barney just admit that he was an Economic Terrorist to the American people.....

“I don’t think it’s a bad thing that the bad loans occurred. It was an effort to keep prices from falling too fast. That’s a policy.”    Barney Frank

A POLICY to induce people to borrow more money than they can afford???  A policy to bankrupt families????  A policy to cause people to borrow against illusory asset values????  A policy to induce cities, counties and states to make capital expenditures against a revenue stream that would never matierialize and likely evaporate???

A policy to create the world biggest PONZI debt bubble only to cause the greatest revenue contraction in human history once it implodes....INTENTIONALLY by your buddy Alan Bin Laden and his assistent Benny Bin Laden RAISING INEREST RATES 17 TIMES AND TIGHTENING CREDIT!!!!

A policy that has caused incomes and revenues to families, businesses and municipalities to EVAPORATE!!!!!!

Tax revenues used to pay teachers and fuel police cars continue to trail even the most pessimistic expectations, despite the cash from the economic stimulus plan pouring into state coffers.

"It's crazy. It's really just unbelievable," said Scott Pattison, executive director of the National Association of State Budget Officers, and called the states' revenue situations "close to unprecedented."

IT IS UNBELIEVABLE...to think that our own government in conjunction with the Federal Reserve would conspire with Wall Street to lever up America and then bankrupt it by raising interest rates and cutting off credit.  The nemisis Osama Bin Laden couldn't have leveled this much damage even if he unleashed a thousand hairy virgins upon the America all strapped with explosives.

THIS IS WITHOUT A DOUBT AN ADMISSION TO THE LARGEST PONZI SCHEME IN HUMAN HISTORY.....BY A ORDER OF MAGNITUDE LARGER THAN ANY PONZI SCHEME PRECEEDING.

It wasn't hard to see....simply hard to accept that our own government would work to bankrupt its citizens and then ONLY bail out the banks once the nonsense hit the fan. 

Once you bankrupt a citizen...it is truly terrorism because economic freedoms are stripped away.  When you bankrupt a nation...it is a crime on the HIGHEST LEVEL as an entire population will suffer MASSIVELY!!!!!!

But it is not only the citizens that will be bankrupt...it will be our cities, counties, states, schools and hospitals as revenues evaporate once the effect of the bubble blowing really takes hold and savings run dry.  Many will die as a result from a variety of directly and proximately caused economic issues.

Update: Gov. Timothy Murray - Layoffs to be Announced Next Week

Town of Lunenburg - Layoffs Coming

Greens School District - 60 Layoffs Possible

Many towns are contracting to levels not seen in decades.......and conditions are deteriorating!!!!!

The number of public employees working for Ohio's most populous county will soon hit the lowest level in more than 20 years thanks to layoffs, buyouts and a hiring freeze.

Cuyahoga County will employ about 8,500 workers by December, a reduction of about 1,000 positions over the past year.

The decrease in employees has helped the county narrow a budget gap from $27 million to less than $13 million.

County Budget Director Sandy Turk says the county is managing its budget in the face of drops in revenue from sales and property taxes.

http://www.fox59.com/news/sns-ap-oh--cuyahogacounty-employees,0,7583092.story

Our employment base in America is evaporating.....millions of these people are not counted in the unemployment numbers and are suffering silently with little awareness by their fellow citzens.

America is shutting down......faster and faster as each week passes.....5000 car dealers........hundreds of thousands of retailers and small businesses.....millions of workers.........AND FEW ARE HIRING NOW AS DISTRESS METASTICIZES THROUGHOUT HTE ECONOMY.

And it was all because of the lies and Policy of a few politicians, bankers, Fed members, Wall Street analysts....and ratings agencies.......simply to hose Americans out of their savings, jobs and assets.

And when the problems start to perculate...Barney and Benny Bin Laden convince the American people we need to bail out the banks and bonus bankers billions???.....I hope you have you Vasaline ready......things are really going to start bubbling now.

The militarized crowd control weapons are in place at police departments across the nation....the ARMY has done its urban black hawk training......and we are just waking up as a nation to the fraud that was perpetrated upon us....

Remember....they could have bailed out the debt and saved the citizens and the economy....instead, they ONLY bailed out the bankers.....guess what they are going to do to you now??????

Alstry has a pretty good idea now that we are going to FEEL........

Denninger is now calling for secession?

http://market-ticker.denninger.net/archives/1505-To-The-States-Should-We-Talk-About-Secession.html

10 Comments – Post Your Own

#1) On October 11, 2009 at 7:52 PM, oshiri (< 20) wrote:

I lost trust in Barney Frank during the 1980s when he said that he was unaware that his boyfriend was running a gay prostitution ring out of Barney's Boston condo. Um, ah, yah right.

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#2) On October 11, 2009 at 8:57 PM, alstry (35.03) wrote:

ohsi....

The implications of this are enormous...it brings in serious Equal Protection Constitutional issues.....

Again.....our government has admittedly adopted a policy of hose the citizens and bailout the bankers.

Once the masses truly understand the nature of the destruction.....I am not sure the Republic will stand.....it almost makes taxation without representation a given....leading one to the conclusion of taxation to devastation.

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#3) On October 11, 2009 at 9:03 PM, oshiri (< 20) wrote:

Agreed, there are zero checks on the politician$, their appointee$, and their friend$.

If the systems is not working, and its not, its time for it to go away.

But that will only happen one of two way -- by law, or by any means necessary.

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#4) On October 11, 2009 at 9:27 PM, alstry (35.03) wrote:

The real issue now is will there be anything left standing before the masses figure out what happened.

Tax receipts in September were absolutely horrible....and based on recent checks....October will be much worse.

Our nation is shutting down rapidly......and any attempt to counterfeit currency will likely be met with worldwide retribution.

The masses will become unruly after learning how they were looted....the cancer is spreading to the vital organs.

Mortgage Crisis Shuffles Towards Fancier Neighborhoods 

Time is running out before everyone Feels.....

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#5) On October 11, 2009 at 9:57 PM, eddietheinvestor (< 20) wrote:

I'm bothered that Barney Frank, Chris Dodd, Bill Clinton, and others contributed to this huge credit problem that is crippling the nation's economy.  In 1999, Clinton pressured Fannie Mae to give home loans to people who clearly couldn't afford them so that everyone can live the American Dream of home ownership.  When the crisis hits, Frank, Dodd, Clinton, Rangel, and others blame Bush.  Yes, Bush was not a good president, but he is blamed for everything when Frank, Dood, Clinton, and Rangel played a major role.  And now Frank, Dodd, and Rangel, excused from blame by the media, are now in the position of cleaning up the mess--a mess they created.  I hope that they don't make it worse.

But Alstry, I think your comparison of Frank to Bin Laden is too strong and undeserved.  Yes, Frank created problems, but not intentionally.

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#6) On October 11, 2009 at 10:00 PM, alstry (35.03) wrote:

Benny and Barney's Zombulation Policies SHUTTING DOWN AMERICA

The game wasn't supposed to end like this. Not with losing development projects to banks, owing hundreds of thousands of dollars to subcontractors and cutting a staff of 39 to six.

"We did not anticipate a market collapse," he said.

http://www.sacbee.com/topstories/story/2243979.html

YOU DID NOT ANTICIPATE YOUR FED AND GOVERNMENT BUDDIES WOULD TEAM UP AND TO SHUT YOU DOWN...

MENASHA — The Menasha Utilities steam plant..... shut down its boilers and stopped delivering steam to its final two customers Friday afternoon.

An hour later, some of the 19 employees facing permanent layoff departed the embattled plant at 198 River St. in a somber mood.

 

“It’s a tough day for everybody here,” said Tom Daley, 53, Neenah, a 13-year utility employee. “We’ve put a lot of work and sweat into it.”

 

“Can’t believe it’s happening,” Daley said. “It’s hard. We worked hard. We worked to try to keep it going and not to fail but it failed anyway.”

http://www.postcrescent.com/article/20091011/APC0101/310110065/1004&located=rss

Believe it...Barney and Benny's POLICY will shut down most of America!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

When you only bail out bankers.... citizens become roadkill.....

The shutdown of the plant brought to close another chapter in the $41 million debacle that has resulted in a rare default by the city on $22.8 million of municipal steam revenue bonds.

Expect such defaults to be not so rare going forward.

 

 

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#7) On October 11, 2009 at 10:04 PM, alstry (35.03) wrote:

est, 

Not intentionally.....??????

It was POLICY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Please.......his POLICY has inflicted MASSIVE pain millions and  millions of Americans.

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#8) On October 11, 2009 at 10:07 PM, oshiri (< 20) wrote:

Don't worry Al, Wa$hington will an$wering . . . it$ now time for $timulus 2.0 . . .

 AND THI$ TIME IT$ FOR REAL!  :^D

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#9) On October 11, 2009 at 10:12 PM, alstry (35.03) wrote:

At some point.....as the tax receipts continue to evaporate and the money runs out....the "stimulous" will be greeted by the world as what it is.....counterfeiting.....and that is when the fireworks could begin....and unfortunately many many die in the process........

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#10) On October 12, 2009 at 7:41 PM, lquadland10 (< 20) wrote:

It sounds like he commited TREASON to me. IMO

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