Just a quick trip up the highway yesterday, out of town so to speak, revealed eye witness style that commercial real estate is robustly joining the housing market in full blown depression. Buildings are emptying out at a stunning rate.
Municipalities are toasting up nicely. With disintegrating revenues from virtually every source, it's a race to creative problem solving, which of course translates to how the remaining employed can be separated from their money without them really knowing it.
And banks. One set of books for auditors to view, the one with the paying loans. And a second set that no one views with the non-paying loans. Think not? Bankers write the laws they play by.
California has locked on to what it must think is its great salvation. Take a look:
HIGHWAY ROBBERY |
Consider Food:
The octopus tentacles of the Fed and this president wrap themselves around our wallets and squeeze until we deflate in earnest and begin to bounce around the front yard like tumbleweed.
Food Is Hyper-inflating |
The Dallas Federal Reserve Chief Richard W. Fisher offered his most dire warning yet to the few who listen: "without dramatic budget cuts, this country is headed for a complete economic collapse." Notice the use of the word, 'complete.'
"Past Congresses have created a fiscal sinkhole that is so deep and so wide, it threatens to swallow up our prosperity and render our economy an abattoir." (SLAUGHTER!)
The Fed, who wants to go on feeding off American slaves forever, does not want us dead. They want Congress to get busy taking away everything Americans have worked for; benefits like cost of living increases, 401K's, medicare/caid, real estate, stock accounts, SUV's, Social Security, death estate assets, and your children, just turn your babies over to the government for debt slaves.
Meanwhile the Fed will go on charging ever increasing interest rates paid for by the SAME aforementioned American slaves to fund the snowballing immoral debt. We are funding our own demise with our own assets, but the Fed will want us to live to pay them a gigantic choking interest debt.
That's encouraging.
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