HowardWhy we need to protect Homeowners and the Working Banks
October 11th 2007 23:08
Cayman from the Cayman Is. is hungry
We have to listen to LaRouche, larouchepac.com, and save the homeowners, and working banks, not the financial bubble and the hedge funds in the British Cayman Islands, etc.
The people who went for this subprime mortgages were fooled, not because they were necessarily stupid. They thought the bubble would continue to go up. Subprime mortgages should have been illegal from the beginning, because it is based on usury and a ripoff. It tells people to sign on to a mortgage that they will never be able to pay, short of winning the lottery or the near equivalent. Let's look at the history of the American system:
Look, if you study the Puritans from 1630, till they were occupied by William of Orange in his coup in 1689, in Massachusetts, it was the idea of the Commonwealth that drove these people.. Why do you think these people are attacked as everything from witch-burners to sex-o-phobes, to cold, austere, and weird? Because they believed in the Commonwealth.
Abe Lincoln not only built the railroads in the civil war using the US Treasury and Greenbacks, but he defeated slavery (free enterprise) and the British!!! This went on from FDR, to the TVA, to Eisenhower and toll-free highways. Under Nixon, Volcker, George Shultz and Henry Kissinger had the dollar taken off the gold standard, so the dollar became in effect the currency of the global speculative bubble--- run from London. The British Empire again!
The British system of having the money people run the government and everything else is satanic and evil. The British system today means slavery, genocide and usury (and drugs and gambling). That includes having Goldman Sachs, etc. be bailed out by the federal reserve in the matter of the English mortgage company, Northern Rock.
And that is what tempted the people with this subprime crap. It was supposed to be safe, because the prices were supposed to go up forever. It should have been illegal! It was a crime from the beginning.
photo: Really Long Link
http:// www. infovisual.info/02/022_en.html
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