Saturday, December 4, 2010

Is This Where We're Headed?

Here is an article about what is happening in America as a result of the so called Toxic Mortgage Affair where banks loaned money to people who had no hope of repaying the mortgages. This greatly inflated home prices in America as there was a rush from these people to live the American (and Australian) dream of owning their own home.

These Toxic Mortgages were bundedled into investments called derivitaves and offered to banks worldwide.

Australian banks rushed in to buy these worthless "investments" The inevitable happend when people couldn't reay their loans and the domino effect led to the recent World Financial Crisis as banks, including Australian banks, looked to go tits up and screamed for government assistance.

The latest Reserve Bank of Australia figures reveal that the “off-balance sheet” business of Australia’s banks—aka derivatives—hit an all-time high of $15.195 trillion in the June 2010 quarter.

Meanwhile these poor people had their homes repossed and were thrown onto the street!

At the time of this happening interest rates in America were around 2%. They have since dropped to 1%. 

The foundation of this whole process is to bankrupt countries, bankrupt populations and put them at the mercy of a reconstituted Rothschild-controlled banking system based on a world central bank that would dictate all global finance and oversee a single global electronic currency by imposing its policy on regional and national central banks.

The Rothschild network is also waiting for the price of land, resources and everything else to crash to cents-on-the-dollar prices before stepping forward to use their gold-laden assets to buy up vast tracts of the world and its economy – far beyond what even they own today.

They are planning to underpin this financial control with control of the food supply, which is why legislation is constantly being passed to target small farmers and those who grow their own food. The maxim is: control their pockets and control their bellies and you control their lives and actions.

The word to focus on here is ‘system’. The Rothschilds and the Illuminati control the banking and economic system and so they can't lose while that system is intact in some form. Individual banks going out of business or merging is no problem when you control the banking system.

The Rothschilds are manipulating to change the structure of global banking system by crashing it in its present form and replacing it with one that is fiercely centralised and so even more controllable by the few, and even more effective in imposing a global financial dictatorship.

It is time, long past the time, for us to say 'no more'. If we don't, we've seen nothing yet.

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