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alstry (36.38)

The Problem In a Nutshell....

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November 07, 2010 – Comments (4)

The FED....and much of the Western Banking system is bankrupt.........and the mechanics of the system operates very similar to a Ponzi Scheme....but codified into laws.

Bernanke's role is very much like Madoff.......but as Bill Gross admits as of this week, Bernanke doesn't have to bring in new "guillables" into the game anymore.....because unlike Madoff, Bernanke can just print his own money....which is really a violation of the laws of the system Bernanke operates under.

Up until this week, the FED had to actually borrow from a third party....like the US citizens in WW2 buying war bonds, or Japan in the 1980s.....or China more recently to fund the deficit......but now, conditions have gotten so bad...there is nobody in the world with sufficient funds to fund the current operations of our government...not even the taxpayers.

It is sorta like Fool Me Once...Shame on You (QE1)..........Fool Me Twice.....QE2.

It is clear that the hundred year aniversary of the FED could be the last and likely coming to an end........

I told you a few years ago that this was going eclipse Madoff.......and from a legal ethics standpoint, there was no reason why Madoff was in jail and Bernanke was free.

THE PROBLEM:  Our whole nation, and really the entire world, depends on the Fed to be solvent for commerce to function.  It is the basis for how we trade and measure wealth.

It is such a large problem that our politicans and law enforcement officers are violating their ethical, moral, and legal duties to maintain this system which is violating the most basic of our fundemental laws.

So what do we do?....overlook criminal behavior to maintain the current system.....yet take away people's property who are innocent victims of such behavior....or restrcture the system which I have been advocating since blogging on CAPs.....

If we continue down the current path......we will assuredly devolve into moral and legal depravity....which will likely be soon followed by war or social unrest.

You are dealing with the most sensitive of issues.....a person's wealth and his perception of his position in society........how do you tell him it was all built on a Ponzi Scheme.......most are willing to see their country rot before they would be willing to see their wealth evaporate.......just look at some discuss leaving the country before the troubles begin......

You can just tell by many of the responses to my blogging how difficult the problem is to confront......very few address the facts.......those that do are very thoughtful.....but the majority just attack Alstry.....whether consciously or unconsciously.......they are afraid to confront the truth........

What do you think the T in Alstry stands for........

4 Comments – Post Your Own

#1) On November 07, 2010 at 12:50 AM, alstry (36.38) wrote:

Denninger wants this to go viral....

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#2) On November 07, 2010 at 1:33 AM, BillyTG (29.29) wrote:

most are willing to see their country rot before they would be willing to see their wealth evaporate

And therein lies the root of all that is before us.  People would rather fraudulently increase their wealth, no matter how much it rots the country.

As for the psychological hurdles, most people are not capable of grasping the incredible complexity of what is happening.  Of those that can, most of them will avoid confronting reality as long as they have gas to power their SUVs, spending money to dine out, and income, whether from work or through government welfare, to continue the lie.  

The few, but growing number, who confront reality are then faced with the five stages of grief in the death of our society.  You'll notice that it is not until the final stage when people accept things and PREPARE for the change...so people have a long way to travel psychologically before they accept your message of preparing!

Denial – "I feel fine."; "This can't be happening, not to me."
Denial is usually only a temporary defense for the individual. This feeling is generally replaced with heightened awareness of positions and individuals that will be left behind after death.Anger – "Why me? It's not fair!"; "How can this happen to me?"; "Who is to blame?"
Once in the second stage, the individual recognizes that denial cannot continue. Because of anger, the person is very difficult to care for due to misplaced feelings of rage and envy. Any individual that symbolizes life or energy is subject to projected resentment and jealousy.Bargaining – "Just let me live to see my children graduate."; "I'll do anything for a few more years."; "I will give my life savings if..."
The third stage involves the hope that the individual can somehow postpone or delay death. Usually, the negotiation for an extended life is made with a higher power in exchange for a reformed lifestyle. Psychologically, the individual is saying, "I understand I will die, but if I could just have more time..."Depression – "I'm so sad, why bother with anything?"; "I'm going to die... What's the point?"; "I miss my loved one, why go on?"
During the fourth stage, the dying person begins to understand the certainty of death. Because of this, the individual may become silent, refuse visitors and spend much of the time crying and grieving. This process allows the dying person to disconnect oneself from things of love and affection. It is not recommended to attempt to cheer up an individual who is in this stage. It is an important time for grieving that must be processed.Acceptance – "It's going to be okay."; "I can't fight it, I may as well prepare for it."
In this last stage, the individual begins to come to terms with his mortality or that of his loved one.

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#3) On November 07, 2010 at 1:55 AM, alstry (36.38) wrote:

Mr. Goat....

at the end of his video, Jesse says he wants to protect his money......and as you know, gold is measured in money.....

what happens when the money is a fraud?

FWIW...this question is by far the most difficult to analyze and way above the capacity for reasoned contemplation for most people.

It requires knowledge in many diciplines including law, accounting, science, ethics, logic, political science......and military.

http://www.zerohedge.com/article/senator-lindsay-graham-warns-war-iran-confrontation-cheating-china

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#4) On November 07, 2010 at 7:05 AM, JerseyShoreGirl (< 20) wrote:

And while our country rots, Barry and Michelle are enjoying a dance with the children of Mumbai .... kinda reminds me of Rome

Someone please embed this link for me ...

http://www.youtube.com/watch?v=0CGX6prYTWI

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