The Economics of a Real Life Monopoly Game

Staff Writer, DL Mullan

Economics / Government

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Well the bets are in: it looks like another down turn for the economy after the first of the year according to a Reuters article: 

"There may come a point where the financial markets say none of their debt is credible anymore and they can't finance themselves," Eugene F. Fama, one of the three Americans who won this year's Nobel prize, told Reuters in the snow-covered Swedish capital, where he will receive his prize on Tuesday. "If there is another recession, it is going to be worldwide."

Let me get this straight. The unbacked, fiat currencies the world uses at the behest of global banking syndicates to inflate money, cause devaluation, and create mountains of debt is not credible and unable to finance the world?

Get that Peace Prize out of your ear, a third grader could have told us that. It's called: Monopoly. It's a board game with fake money to pay for cars, land, buildings, and sometimes to get you out of jail. Sound familiar?

It's exactly what has been happening in the world for decades. Some group of disturbed individuals has decided that globalism is the way to go for economics, law, and education. In the 1980's as China was in a recession and Japan was in a deep depression for over a decade, the US seemed impervious to their economic decline.

Thanks to treasonous "Trade Agreements" and "Treaties," the US has seen it's economic powerhouse dissolve into the Wall Street Gambling Casino, To Big To Fail Bank Drug Laundering Establishments, and the Military-Industrial Complex No Bid Contract Schemes.
 

Report: $8.5 trillion unaccounted for by Pentagon; $5.8 billion of supplies lost... and Special Report: The Pentagon's doctored ledgers conceal epic waste from Reuters.
 

In the article, Money Laundering and The Drug Trade: The Role of the Banks. We discover that "HSBC, Western Union, Bank of America, JP Morgan Chase&Co, Citigroup, Wachovia amongst many others have allegedly failed to comply with American anti-money laundering (AML) laws."
  

Viewpoint: How Wall Street Rigs the Game by Time Business and Money stated that:

Also consider where the gambling takes place. In a real casino, it is on a casino floor with cameras all over the place. Even if you don’t like Las Vegas gambling, it is regulated. On Wall Street, by contrast, the gambling can be moved to a darkened room where nothing is recorded, observed or tracked. With opaque unregulated derivatives, there are no cameras. In this smoke-filled room, there is maximum temptation to try to exploit unsophisticated investors and conflicts of interest. And this temptation and lack of transparency are what led to the global financial crisis in 2008.

(Tell the Truth: you thought I was making the news up, didn't you? Sorry, just the facts.)

So the whole wide world with no economic boundaries to stop devastating collapse of monetary systems and nations is unsustainable? Yep, just like sustainability itself. The globe is a giant game of Monopoly to a few elites. With Geitner and other oligarchic cronies pushing other countries to deregulate their banking and housing laws prior to the 2008 collapse, the game was set.

However, unlike the elites, many people could not hedge their bets. People lost their homes, their possessions, and their livelihoods. Everything.

What's worse is that this economic globalist catastrophe was done on purpose. Someone needs to go to jail. Let's rephrase that: Lots of people need to go to jail.

In Monopoly like in this current fascist reality, these criminals keep producing the "Get out of Jail Free" card.

The cure for continued economic duplicity and terrorism: no more adhering to "Trade Agreements" or "Treaties" that do not hold protectionist clauses for America, her workers, or her economic stability. No more gambling of people's money through Wall Street. No more laundering drug money via banks. No more money goes to the Pentagon until someone learns to add and subtract.

It is a very rudimentary formula. Any economist would understand it, even one who has won the Noble Peace Prize. Well so did our President and he kills women and children near daily in other countries via drones. Therefore, little hope can be bestowed on anyone to mitigate the coming economic depression of 2014.

Instead of implementing real solutions, we will praise our American economists for their shiny new toys. Meanwhile back in the states, Americans will have their pensions looted and their homes foreclosed on. It's just another day in AmeriKa.

Don't you wish we could go back to a time before the egomaniacs hell bent on global domination gained control of our nation?


Sources... all of the above. 

CitiGroup Writes its Own Law

Staff Writer, DL Mullan

News / Politics

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What's worse than ALEC, where corporations write our laws, bribe our elected officials with a nice weekend conference, and then those same politicians introduce those laws into State legislatures verbatim... including Arizona? 

Megacorporations that caused the recent economic collapse writing legislation to deregulate their deceptive and gambling practices to let another economic collapse happen with derivatives, that's what.

Frank-Dodd protects Americans from bearing the cost of FDIC backed gambling by banks. “After inflicting so much pain and suffering on the American people, now is not the time to let the largest banks back into the casino,” Representative Maxine Waters (D-California) said in a statement. Yet, they are.

The House passed this gutting of Frank-Dodd. 292-122 vote with which 70 Democrats and all but three Republicans granted. So if you ever believed the two party system is really a one party system, here is another clue that you are correct. 

To add insult to injury: "Citigroup was responsible for recommendations made in 70 lines of the 85-line bill, according to Eric Lipton and Ben Protess of The New York Times. In fact, reported the writers, a couple key paragraphs in the bill had been copied word for word from Citigroup’s submitted draft, which it had developed in conjunction with other Wall Street banks."

When will the American people begin to stand against such blatant disregard for the economic impacts of banks swapping, gambling, and doing what they want? CitiGroup had to be bailed out at a tune of $45 billion and the market collapse ruined other companies such as: Countrywide Mortgages, Bear Stearns, AIG, Lehman Brothers, Washington Mutual, Wachovia. 

Too big to fail should become: monopolies that must be broken up for the public good. Instead Congress keeps handing these duplicitous, unprofessional, and unethical monstrosities every advantage at the cost of our National Security. 

This corporate writing of our laws needs to come to an end. These entities are using the People's money to hedge their bets, so the People should be in charge of the till.

Source: The People's Newz and The People's Newz