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Buffett's Little Secret.....and Alstry's Too......

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November 22, 2010 – Comments (0)

It is why I created Alstrynomics a few years ago.......Economics had been hijacked by the fraudsters......most of the economists worked for a bank or an educational institution funded by banks.

Plus...after having attended a dinner with an Economist from the Federal Reserve and he told me that there was no chance of a housing bubble after my warning....I knew something was wrong....then when I raised the issue with him after the bubble had popped....he told me right in front of my wife that:

HE DIDN'T LIKE TO DISTORT HIS THEORIES WITH THE FACTS......I know economics as currently practiced was a sham.

It became obvious that our whole financial system functioned on a foundation of fraudlent lending and spending.....and that basically the entire financial industury depended in the fraud to function.

America had morphed into a herd of deer in the woods consuming so much on fraudulent money that if the process continued much longer, there would be nothing left to consume and the whole herd would die off.

So the bankers first started unwinding their fraudulent lending by cutting of home finanicing....WHICH GUARANTEED THE biggest crash since the Great Depression.....and not a single prosecution resulted because our government depended on the fraud to function as well.

We simply emasculated the moral and legal foundation of money......and few cared as long as it didn't affect them.........

and even as it affected millions....then tens of millions....the silence was deafening.......

and now it will affect us all....because since the Romans started counterfeiting gold and silver coins with other metals...no society has gone unpunished for abandoning the moral and legal purpose of money......

The best solution: A Bank Holiday.....wipe out everyone's accounts and start over.....punish the offenders and reestablish a moral currency.

You will see us marching toward this trend as fewer and fewer trust in the Federal Reserve and Governments around the world.....and as the trust weakens, government will fight back imposing more and more burdens on its society until a breaking point is reached......

our taxes will go up......our asset values will crash.....we will get fondled as we board planes.....scandel after scandel will take us step by step closer to the inevitable.......until we demand the banks be shut down and throw the crooks out of government.....

and we begin a fresh new start in the Digital Age.........a world we will want to get to know.

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