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alstry (34.92)

The Little Secret Alstry And Warren KNOW

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August 11, 2010 – Comments (1)

We actually have known it for a while......

America, and we Americans made our "wealth" over the past twenty years due primarily through credit expansion and not real production gains......our production and our wealth was simply a derivative of credit expansion......

So as we all prospered...especially our politicians and businesses executives....are debt kept growing and growing by Wall Street issuing new debt and selling it back to our retirement accounts making money both issueing the debt and selling it over and over again.

Basically Wall Street turned America into the debt production business and moved much of our real production overseas......but it really didn't matter as long as Wall Street kept issuing more and more debt to make up for the lack of production....

Just like it didn't matter if Madoff didn't get any real returns as long as he was able to get more and more money.......

Then Wall Street said enough....no more credit to homeowners and commercial real estate participants....the primary borrowers in America......and all crashed.....until Wall Street moved its debt producing game to Washington and Wall Street and politicians and public executives started borrowing trillions of dollars and Wall Street started selling THAT debt into our retirement accounts.....

The problem is Wall Street continued to cut off credit to the private economy....which happens to employ most of America....so as Wall Street and Washington were continuing to live high on the debt hog.....mainstreet America started to shut down.....

and now the only thing keeping America going is Wall Street and Washington borrowing trillions....which Warren and Alstry know is not a sustainable situation.......

Warren, Alstry and the rest of America made their money on a debt bubble....our society, our government, and our economy function on a debt bubble.....and now the bankers are cutting America off of credit......

America has a very small economy without MASSIVE infusions of credit each year....and every year......and without an economy.....our government, nation, and its citizens can function under the current system.......

So Alstry and Warren know the current system is about to change....and change radically.......

It is NOT the end of hte world as the Spelling Sissys would like to you believe.....but it is a change in the system on how we produce....history has shown us that man can produce under many systems......Monarchies with divine rule, Communism or Kibbutzs, Fascism, Capitalism, Slavery, etc......

The new system will be will be a product of how much responsibility we take over our own lives and destiny.....it is clear that most of you sheep don't give a damn.....how you let Washington and Wall Street take over borrowing capacity from mainstreet is still incredible....now Washington and Wall Street are taking over ownership of much of our production though cutting off credit and foreclosing on our real estate and businesses.

Where this goes is anyone's guess...but both Warren and Alstry KNOW it will be nothing what like we saw for the past 200 years protecting the rights of the individual.......

1 Comments – Post Your Own

#1) On August 11, 2010 at 11:58 AM, alstry (34.92) wrote:

It really isn't that hard.....

Alstry warned the world that housing in America would collapse if you cut back credit to housing.....new home construction dropped 85% in a few years as the Economists told you everything was fine and getting better......

Now Alstry is informing you that our economy will drop at least a similar amount as government gets cut off of credit......because if politicians can't borrow your money....they can't spend....and they are running out of money to borrow.......as credit is being pulled from the private economy......

Now how will the people who think they are rich going to react when they learn that they are the only ones with money to pay back the politicians debt......and the government NEEDS their money to maintain the soverighty of our great nation to protect us from the stuff we can't protect ourselves from....?

Why do you think Warren is premptively handing over his money now......in the end, it is only a matter of time....so you might as well look generous doing it....it might put you in favor of the right people.

And you sheep trying to "hide" your money outside the country.....trust me, we know exactly where it is.....and claw back will be the term that will be used.

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