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MrRodgers -> RE: LaRouche Webcast: June 27, 2009 (6/29/2009 11:01:18 PM)
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quote:
ORIGINAL: Lucylastic
Anyone trusting the US to run the world financial system is missing a few bricks.
PA, sorry hon, but im not reading any more of your links, I still havent gotton the stench of alex jones out of my head, what an obnoxious little man.LArouche is up there too, yuk
When it comes to the world financial system, there are no countries...only currencies and their value as compared ONLY to other currencies. There are no politicians except as tools to further the banker's interest as reflected by Obama playing ball and employing Goldman-Sachs to continue to run the treasury (and the Fed) as they have for the last 17 years at least. All there is...is debt, continuing and increasing debt.
The Chinese for example have learned this very fast and the strength of the dollar is the ONLY reason they are willing to lend us almost a $trillion. Now the Chinese for another example also recognize that they must 'devalue' their currency and feed the opulent 'communist' elite by skimming from their virtual slave labor by exporting to other countries what those other countries 'used' to make themselves.
They do not have anything like a domestic consumer economy and must export western products. To accomplish this they 'peg' the value of the yuan as 3 to the dollar and do so by using them to buy dollars (T-Bills) and must continue to do this. They are also king in selling young healthy organs to westerners (100,000 Fulang Gong) who want to live forever and can pay.
Just because Larouche says something doesn't mean it is not true. To the extent he and many including me, believe that western/US/European bankers run the financial system...I listen. All of the worlds oligarchs, whether fascist or pick one...have their money in the west and is the last refuse for having control over any fancies of military conflegration.
North Korea for example I think was deliberately let off the hook on not only something like $25 million they had in western banks but also their counterfieting in order to keep militaries spending more money to counter what are false threats. Wars, fear et al...are always big profit centers.
What is being established if NOT a new world political order...yet, what we have is a 'new' world financial order. That order is to serve western banking and corporate interests and we are all fucked. US gold 'reserves' are irrelevent as having sugar or cotton reserves...it is only just another commodity.
The World bank and IMF are international corporate welfare organizations to bailout risky foreign lending to corrupt and non-productive 3rd world govts. and economies as reflected in lending AFTER private western lenders buy up their prior debt on fractions of a dollar. Thus taxpayers fund returns of 50-100% ot these lenders. Just look at the 'amazing success' [sic] of 3rd world borrowing for almost 50 years.
A bit verbose...but this needs to be known.
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