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alstry (35.09)

Your Uncle Wants Your Assets

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June 11, 2010 – Comments (1)

As the production slows in the U.S.....

The only thing backing U.S. Treasuries is U.S. Assets......and as the debt increases, the government will be forced to put more and more assets on its balance sheet....it is simply what the Fed is doing without telliing you........and

Guess where those assets are going to come from......either you fighting the world for production or handing over your assets....

Right now, as a result of TARP......Fannie and Freddie own the vast majority of outstanding mortgages in America....and thus indirectly the government has liens millions of homes...

Home Repossessions Hits Record High 

Keep working Fools.....what do you think is backing our Treasuries?.....and if you don't work hard enough for the bailed out bankers buying U.S Treasuries, your Uncle needs your assets.......

Money is simply a derivitive of production....if you are not producing, one must liquidate

France selling 1700 buildings to help cut debt

And then will government will tax em to death to get them back?

Crazy things happen when bankers cut off credit to a credit dependent economy......production gradually stops and everyone tries to liquidate at the same time as assets become less and less valuble......as the sheep are told it is a recovery.

Pretty soon, reveues to government becomes soooo low it must take everything you have.....and everything everybody has......Welcome to the Digital Age......

1 Comments – Post Your Own

#1) On June 11, 2010 at 4:20 PM, alstry (35.09) wrote:

PRODUCTION SHUTTING DOWN FAST!

80% of Home Construction

Practically NO commercial construction

THE ENTIRE SOUTHEAST COAST OF THE U.S.

50% of Auto Manufacturing...much of what remains is foreign

Not much further to go before most of our production is simply government borrowing money and handing it to citizens.......

 

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