Friday, December 10, 2010

Will it be the brokers or us that endure the recession?

Controversial talk-show host Alex Jones implores Infowars readers to take a good look at this global economic crisis. All the belt-tightening in the planet won’t eliminate the question we should be asking: "Will it be the brokers or all of us to emerge free from the recession"? Middle class debt slavery is the way big govt and private central banks will turn average individuals into serfs once more as they toil within the name of their corporate lords.

Whether bankers or us win depends on the derivatives

According to Alex Jones, when we ask whether it could be the bankers or us who survive the crisis, we must consider derivatives. These actively traded non-assets – they’re essentially volatile speculation on how a commodity will do at a future time – are costing the United States "over $1.5 quadrillion," an amount that can’t conceivably be repaid. Austerity is necessary to many investment bankers who say things like pension funds of retired Americans for payment are part of the derivatives. Of course, the bulk of bailout funds went to these same bankers. Then Jones suggested that any right person would suggest action when seeing that the rich are getting richer and the poor are losing money. "Will it be the bankers – or us?" is what Jones wants to know.

Seeing some austerity and central bank power

The European Union is struggling to keep member nations from going bankrupt. This is also happening in The United States according to Jones. It is very evident. Central banks, awash in taxpayer bailout funds, will continue to flourish. Wages, pensions, insurance and child health care will all be cut under austerity conditions for the average taxpaying citizen. The average citizen in The US that pays taxes will start to see programs cut with all the austerity conditions. Things like wages, pensions, insurance and child health care are all examples. Anyone who wants to avoid being a debt slave should, as Jones puts it, challenge the Federal Reserve and private central banks.

Bailout might backfire

Jones suggests the financial industry bailout was a Trojan horse that ended up making Wall Street bankers the ones who got a reward although they began the financial crisis. He suggests that a re-evaluation is needed. Will it be the bankers or us who will be free, or is the middle class headed for servitude?

Articles cited

Info Wars

infowars.com/its-the-bankers-or-us/

Wikipedia

en.wikipedia.org/wiki/Derivative_%28finance%29

Alex Jones’ thoughts on rejecting central banks

youtube.com/watch?v=YmiFB9hJxus



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