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alstry (35.03)

It's Over...Get Over It...

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18

October 16, 2010 – Comments (6)

It is clear to me that the debt based system we use to transact and value with debt based money is just about over.....the lies and cheating are getting so big hiding it much longer seems improbable.

Issues that were once central to investing are now glossed over and dismissed....rising debt, flat sales, etc....are no longer factored into the equation.....

But those are the easy issues....when the law is no longer followed...and even broken to maintain the status quo....you should be certain collapse is near.....

FIRST.... THE FOUNDATION OF OUR SYSTEM IS DEMOCRACY.....and in Demorcracy, the rule of law applies to all and can be summarized with the following two basic principles:

1.  All men are created equal under the law

2.  No man is above the law

As we move further away from these two foundational principles....we move further away from democracy.....and FREEDOM.

The problem right now is our debt based monetary system is collapsing....and as a result, the ruling elite are breaking the law and actually engaging in criminal activity to try to maintain the illusion of a solvent system....because if the system is not solvent the ruling elite can no longer maintain the perception that they are entitled to more than the rest of the population....in other words, if the system which distinguishes rich from poor is corrupted, there really is no longer a valid distinction between the two.

Here is an easy example of what I mean of a systematic collapse.....on the Titanic, or any ocean liner for that matter, the ship is a system......and on that ship there are a number of different classes of passengers...to make this example easy we will use First Class and Steerage....one resides on the upper portion of the ship and is entitled to lavish appointments...the other is at the bottom and is restricted to areas of the ship they can visit.

As long as the ship is intact....the division remains.....however, if the ship, or system, literally or figuratively strikes an iceberg.....in short order, the system falls apart and the divisions that once existed within an orderly and enforced environment break down and essentially all become equal very quickly.

People in Fisrt Class will do basically anything to not allow the system to break down...including break the law.  If those that are in First Class also make the law, they will try to change the law, like change accounting rules, create illusions like too big to fail, or we need to bail out Wall Street and not Main Street.

While the system enforces the law....evenly and fairly against all....or at least the perception as such......the system is maintained.  But once the law start to break down, or the law applied unevenly, the system starts to break down....like it is now.

Since when was anything in America too big to fail....GM failed and we used to say as GM goes, America goes...GM went and America is still survived....in addition, why do we need to bail out Wall Street and NOT Main Street?....especically when most of America lives and works on Main Street.

Americans are a trusting people.....and we will take a lot before reacting.......but more and more Americans are beginning to wake up....they are realizing they have been had by Wall Street and Washington.....Wall Street and Washington are getting bonuses and raises and Main Street is shutting down....that is not America.

We are learning that the Wall Street banks lied about the accounting, when caught, they had Congress and FASB change the accounting rules to conceal the lies....now we are learning the bankers lied about the mortgages they foreclosed and essentially illegally stole the homes of millions of American familes... while guys like Geithner, Bernanke, Paulson, Buffett and many others are simply struggling to lie, cheat and steal to convince you that all is getting better and they should be entitled to a superior position in society than you even though the basis for their superiority is insolvent.......bankrupt and corrupt

Pay attention to men like this....  www.csper.org

these are the true patriots because they tell the truth.....they do not put themselves above the law, they defend the document that made our nation great....the document that was the foundation for our private property rights, innovation, creation and creativity.........the rule of law...the Constitution of the United States.....

These are not men who want to steal your homes, enslave your children, or take away your Freedoms...these are the men that carry on the ideals of men like Jefferson, Lincoln, Adams, and Kennedy...these are men....not thieves.......liars or cheaters like Buffett, Bernanke, Paulson, and Geithner....or Dimon, Blanenfein, and many others

The people are waking up....they are cutting off pipelines in France....rioting in Greece, Spain, England and other places........

No man is above the law....no man......or small group of men......the lie may work for a while, but the law always wins in the end......justice is blind and there will be justice for all.

NOTHING is too big to fail in America...GM showed us that....and although lies can continue for many years....Enron and Madoff clearly demonstrated this....EVENTUALLY, it will come to an end, it always does.....there are guys like Chanos, Markopolis, Alstry, Denninger, Vrabel and others that stand tall and stand for justice......showing others the truth despite the fact that the truth may not be popular....at the time

and in the end justice will prevail.....as the truth perculates to the surface.... Alstrymous will help guide you through the change as this system of debt based money comes to an end.

Prepare...don't fear.....a new system will be created......it is simply not known exactly what that system will be......

6 Comments – Post Your Own

#1) On October 17, 2010 at 12:07 AM, alstry (35.03) wrote:

The only question now is whether the ruling elite will start a war to distract the population from the financial fraud?

This guy gets it.....he went to West Point.....he actually served.....then went to Wall Street.....and played the game for a while......

www.csper.org

How many people will have to die to hide the fraud?

Inside the Flash Crash Report

Foreclosure-Gate: The Lowest Bidder

More FHLB Fraudulent Misrepresentation Suits

Geithner's Search for Scapegoats Avoids the Harsh Truth No One Wants to Hear

John Elway Among Victims In $71 Million Ponzi Scheme

Do you really think there is much practical difference between a debt based monetary system where the laws are selectively enforced and the accounting is arbitary and an outright Ponzi Scheme?

Are ALL Mortgage Backed Securities a Scam?

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#2) On October 17, 2010 at 6:17 AM, brizzlekizzle (39.39) wrote:

Benjamin Graham wrote about the prevailing mindset of the pre great depression era. There was a fundamental problem in how things had been valued, and just in general an economic fairy tale. Its really my favorite lesson from him, to remember the fundamentals of economics, of value, of human nature. Its very applicable to what we have going on here and now.

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#3) On October 17, 2010 at 9:30 AM, dinodelaurentis (69.10) wrote:

Triple rec for this post alstry! Very well put...

On the list of men who get it, I submit General Smedly Butler. The wikipedia entry alone will stun and move you if you think about what this man did in his lifetime. A mustang Marine General who summed up his life this way:"I am a gangster. A gangster for Standard Oil and United Fruit Company."

 He knew he was an economic hitman 100 years ago.

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#4) On October 17, 2010 at 9:59 AM, alstry (35.03) wrote:

Dino....few Americans have even heard of General Butler.......

But more Americans are feeling the effects of Benny The B's Zombulation policies of bailing out Wall Street and punishing Mainstreet.....

Regulators close 3 banks in Kan, Mo...but none on Wall Street

but more are saying enough.....

Hilton workers in Chicago start 3-day strike

Hawker Beechcraft machinists vote against contract

 

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#5) On October 17, 2010 at 10:58 AM, JerseyShoreGirl (< 20) wrote:

excellent post, Alstry ... +++++++1,000

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#6) On October 17, 2010 at 11:11 AM, JerseyShoreGirl (< 20) wrote:

here's another truthteller, patriot to check out ... so many are out there ...

http://www.youtube.com/user/wepollock

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