Bush / Obama only care for USA - Lies about Crash VOLUME
printBush / Obama only care for USA - Lies about Crash VOLUME
The whole disaster about orthodox Wall Street - is an American one. It is a result of politics, based on Friedmanism of Chicago, FED craze by master-mind Greenspan and zero-controls by SEC and U.S. Congress and world auditors and consulting firms, inclusive Rating Agencies and Tax Planning Trash with their paradises all over the world, nations bought by U.S. politics and neo-liberal power-men, adored members of societies, consulting the richest VIP of the world in their sky-scrapes in New York and City of London.
And this financial disaster goes, as nobody seems to know, in a volume of about 100 trillion Dollars.
All "Experts of finance" talk of Sub-prime mortgages in some areas in the USA. This is crazy, because the bulk of the damage is in "Collateralized Debt Obligations" short CDO, extended by Berkeley geniuses with abzocking-bonuses in billions, to even more valuable CDO of CDOs of DCOs. My God, who has invented such characters as Friedman, Bush and their adepts?
A deadly construction of cash without any value, invented by the Wall Street Investment Bankers, more precisely by some Masters of the Universe, in particular a female and orthodox Blythe Masters of JP Morgan - and backed up by those big heads who were responsible about the mental quality of U.S. presidents and Congress members.
Already the so-called "Asset-Backed Securities" or ABS should have been taken from the market by FED and SEC and UNO and WEF, before they could enter the market, deploy their disastrous effects - and start producing a gigantesque bubble, of which Sub-Prime junk only makes about 10 percent of the damage - at the highest.
Now, the new Bush - Obama DOCTRINE goes like follows:
After having spread about 100 trillions of junk papers, uncontrollable in value, because there is no longer any link between the debtors and the banks - and it will take years for re-establishing some order in these TRASH-SECURITIES, before they can be handled at Stock Markets again - after having spread this enormous destruction program all over the planet, in "securities" held in all banks of the world, all insurance and re-insurance companies, all investments and Hedge funds, all pension funds, old age insurance, any depot of private individuals per millions - what do decide Barack Obama, Paulson and Chicken Cabinet still in charge and honour in favour of GW Bush? This is the doctrine:
USA alone counts
Paulson and other criminals have decided to spend a very little amount out of the decent tax-payers State money, taken from middle-class and poor (since the richest scrap will not pay taxes on major parts of their incomes), first an amount of 700 billion dollars, and today some other 800 billion dollars - what for?
For USA alone: For bailout of Junk Papers in banks, for lost mortgages in Freddie Mae and Johnny Mac, for rotten car factories, having built for years those poison SUV-machines adored by shine-rich Americans, solely depending on overvalued real estate, falling now in pieces and on 10 credit cards per individual, humans that were forced on credit cards by stupid agencies and brokers, when reaching the age of 16.
Further, Barack Obama wants to subsidise a new car production market when the same rotten and bankrupt nation spread over their IMF, Worldbank and other NGOs since 1980 the complete contrary, a terrifble shock-doctrine of Milton Friedman and Chicago Boys - and thus forced those deadly maxims over Africa, Asia, Russia, China and all the rest, driving those economies to hell.
And now Keynesian America cheats the whole world with their useless RESCUE-MODELS:
The World has taken over largest parts of U.S. Crime Papers
The volume of about 100 trillion of Dollars on worthless Junk Papers of Hedge funds and other U.S. Criminals, being represented by Cayman Island, Ireland, Switzerland, Liechtenstein, Monaco, Singapore, Hong Kong and other Caribbean Scrap of low Ethics in company Law and taxations "Freedom" accounting- according to guideline of Popper, Friedman, Reagan, Thatcher, Pinochet, Blair, Brown, Merkel, Greenspan, Bernanke, Sarkozy and Berlusconi - shouting to heaven a political Doctrine of criminal economics - produced this huge volume of unidentifiable "Values", also represented by always less valuable U.S. Treasury Bonds in Portfolio of China, Japan, Korea, Russia and many other lands - a treasure that now can be written-off ---
--- and the major perpetrator - USA, respective the Presidents of that State, the U.S. Congress, the non-existent controls like FED and SEC etc. leave the world in their dirt and mud, when looking alone for their own interests, by subsidising again themselves.
This is consequent and good politics of the year 2009 to come, after having shattered in the past the economics of Africa and Far East, with help of geniuses with names like Soros or Buffett, followed by their Hedge funds copiers, who have instead of a brain with ethics and commonsense, a casino-machine of cash-greed, higher by factor of 1000 in its influence and effects on the present world market, than all real Las Vegas or Monaco Casinos on this planet do, in destroying the money of workers and employees, who only can wonder about the Ferrari, Porsche, Bentley, Rolls Royse and GM Scrap, turning rounds in those rotten Towns of Old Rome, before the complete catastrophe will finally be read in a way, the problem should deserve when finally adequately analysed.
Listen dear GW Bush und dear Barack Obama: Your doctrine is rotten, your past, not only in ecology, your methods of torture by water-boarding, Guantanamo, Abu Ghraib, Kyoto, Iraq, Israel, Afghanistan and Popperism are such a high shame for human mankind that I guess, the world deserves to be left aside from U.S. rescue packets having less than zero effects, when looking at the real damage of about 100 trillions of Dollars, in the finance industry and junk Bankers business alone.
Add some 100 trillions of damage coming now and added to the mess, in the so-called "Real Market" - and now you will understand what I meant when writing "End of capitalism - Smoke in the Brains of VIP".
René Delavy, Berlin and Bournemouth
Author of "CHAOS " / "Power x Stupidity = Self destruction" / "A short Lesson in history for Obama" and some other nice Fairy-tales that were more accurate as any other "pragmatists analysis", based on superficial "what was" journalism in all Media, as it was ever written since the start of the ultimate Downfall at Wall Street