On Fri, 25 Dec 2009 12:06:01 +0300, www.freedomtofascism.com  
wrote:

>On Sun, 04 Oct 2009 10:56:12 +0400, www.freedomtofascism.com  
>wrote:
>
>>Medvedev: US supremacy eternally over 
>>Thu, 02 Oct 2008 16:04:43 GMT 
>> 
>> 
>>Medvedev said the US no longer deserved to be 'mega-regulator'. 
>>The US is no longer in the ascendant in the global economy, says Russian
>>President Dmitry Medvedev, urging the formation of a new system. 
>>
>>"The time of domination by one economy and one currency has been consigned
>>to the past once and for all," said Medvedev to the visiting German
>>Chancellor Angela Merkel in St Petersburg. 
>>
>>Medvedev also urged cooperation aimed at creation of a new system which
>>hinged on "multipolarity, supremacy of the law and taking account of mutual
>>interests," apparently dissociating his vision of an ideal economy from what
>>characterized the present economic situation in the US. 
>>
>>Merkel, for her part, echoed the need for revitalization of the world
>>economy. 
>>
>>On Thursday, the US senators gave their approval to the revised version of a
>>700-billion-dollar bailout package which is meant to prevent the
>>much-predicted collapse of the country's economy. 
>>
>>The vote came on the hills of a congressional backlash to the proposal which
>>is going to be left to the House of Representatives' discretion on Friday. 
>>
>>
>>Medvedev painted the glum picture for the visiting German chancellor. 
>>Sharply deteriorating housing market set off the US financial crisis which
>>has sent tremors through the EU zone not leaving Russia's RTS stock market
>>unharmed. 
>>
>>The role of the 'mega-regulator' no longer suited Washington, Medvedev
>>concluded. 
>>
>>Medvedev's remarks reinforced those of the country's Prime Minister Vladimir
>>Putin who yesterday said "everything happening now in the economic and
>>financial sphere began in the United States. This is a real crisis that all
>>of us are facing." 
>>
>>The embattled US economy seems to have given ammunition to the Russian
>>leaders who are already angry at what they see as Washington's provocations
>>aimed at raking up Cold-War-type grievances. 
>>
>>http://www.presstv.ir/detail.aspx?id=71142§ionid=351020602 
>
>Path:
>Xl.tags.giganews.com!border1.nntp.dca.giganews.com!nntp.giganews.com!local02.nntp.dca.giganews.com!nntp.supernews.com!news.supernews.com.POSTED!not-for-mail
>NNTP-Posting-Date: Thu, 02 Oct 2008 18:04:40 -0500
>From: www.freedomtofascism.com  
>Newsgroups:
>alt.economics,alt.politics.economics,alt.alien.visitors,alt.military,alt.current-events.cia,alt.politics,uk.politics.misc
>Subject: Bail Out Bill Exposes Fed Money Scam  Re: "Credit Crisis"  Is The
>Federal Reserve Going Bankrupt  Re: Federal Reserve Is An EU Bank.   Banking
>Crash Hits Europe:  Fortis Bankrupt.  EU Banks HAVE More Debt Than US Banks
>Date: Mon, 02 Nov 2009 19:03:01 +0300
>Reply-To: no@thanks.com
>Message-ID: 
>References: 
>
>
>
>
>
>
>
>
><Ny5Fk.176$8_3.19@flpi147.ffdc.sbc.com>
>
>
>On Thu, 2 Oct 2008 08:16:38 -0700, "DB"  wrote:
>
>>
>>"www.freedomtofascism.com"  wrote in
>>
>>>>THE USA MUST BAIL OUT THE FEDERAL RESERVE BECAUSE THE FEDERAL RESERVE (AKA
>>>>EU BANKS) ARE BANKRUPT!
>>>>
>>>><snarf>
>>>>
>>> The underpinning of the Federal Reserve was American 'wealth' -- which was
>>> the artificial wealth of the housing mortgage debt.
>>
>>
>>Did the photo copy machine run out of paper at the Federal Reserve??????? 
>>LOL
>>
>>Maybe Staples and Office Depot could donate some toner and paper supplies? 
>>;-) 
>>
>
>Heh.  The Federal Reserve printing presses have been going 24-7-365 for
>several years now.  Given that, the Fed is STILL claiming to be out of
>money.... so the Fed wants a bail out bill which will force the taxpayers to
>give them money so The Fed can lend it back to the taxpayers and charge them
>interest.  The problem is the American tax payers don't have any money to
>give to the Fed!
>
>If this isn't a testament to the fact that fiat currency has no value, and
>the Federal Reserve system is in shambles, then nothing is.
>
>Idiots.
>
>House Prices Continue to Decline as Talk of Credit Crisis Spins Out of
>Control
>October 1, 2008 
>
>By Dean Baker 
>
>"The root cause of the crisis is the deflating housing bubble, credit
>problems are secondary." 
>
>The Case-Shiller 20-city index fell by another 0.9 percent in July. It has
>fallen at an 8.6 percent annual rate over the last three months and is down
>by 16.3 percent from its year ago level. Nominal prices have now declined
>19.5 percent from their peak two years ago, which implies a real decline of
>approximately 27 percent. This means that the bubble is approximately 60
>percent deflated. This corresponds to a loss of more than $5 trillion in
>real housing wealth.
>
>The near hysterical discussion (count the times “Great Depression” appears
>in news stories) of the bailout still largely fails to recognize the roots
>of the economy’s current problems in the collapse of the housing bubble.
>Much of the discussion assumes that the problem is just bad subprime loans
>and that house prices will bounce back once the credit markets are working
>properly. 
>
>Most of the loans that will go bad will not be subprime, since price
>declines have hit all segments of the housing market. Furthermore, there is
>no reason to think that house prices will rise from current levels, just as
>there was no reason to think that the NASDAQ would return to 5000 after the
>crash. The focus of serious policy should be to prevent overshooting on the
>downside, where house prices fall below their trend levels.
>
>Prices are continuing to decline at an extraordinary rate in some of the
>former bubble markets. House prices in Los Angeles fell by 1.6 percent last
>month. Prices for homes in the bottom third fell by 3.2 percent. Since their
>peak two years ago, house prices in LA have dropped by 29.7 percent, while
>prices for the cheapest third of homes have fallen 40.1 percent. Even prices
>in the top tier are down by 20.4 percent.
>
>In Las Vegas, prices fell by another 2.8 percent in July, with prices in the
>bottom tier dropping 3.8 percent. In Washington, DC, prices fell by 1.1
>percent, while prices in the bottom tier dropped 3.8 percent. In San
>Francisco the overall decline was 1.8 percent, while prices in the bottom
>tier fell 3.1 percent.
>
>Since the peak two years ago, nominal prices have fallen by 21.8 percent in
>Washington, DC, 27.9 percent in San Francisco, and 34.2 percent in Las
>Vegas. Prices in the bottom tier have fallen by 30.2 percent in Washington,
>DC, 46.1 percent in San Francisco, and 36.5 percent in Las Vegas.
>
>Many analysts have attributed a tightening of credit in many of these
>markets to a credit crunch. This is mistaken. While some banks are squeezed
>because of bad mortgage loans, even a flush bank would impose tighter
>lending standards in a market with declining house prices. It is reasonable
>to expect that house prices will be 15 to 25 percent lower at the end of
>2009 in many of these deflating markets. 
>
>It would be foolish to issue a mortgage loan without a very substantial down
>payment, since the expected decline in house prices will quickly destroy
>much or all of the equity held by the homeowner. In other words, it is the
>drop in house prices that is causing banks to demand 20 percent down
>payments in many markets, not their lack of capital. This situation will
>only be changed by a government house-price support program. Improving the
>financial conditions of banks will make little difference.
>
>Virtually all of the key people in policy positions completely missed the
>housing bubble as it inflated. As a result, they failed to take corrective
>steps that would have prevented house prices from getting so far out of line
>and also would have prevented the disastrous over-extension of credit. The
>fact that they still seem to not recognize the nature of the housing bubble
>is likely to further compound their mistakes. The economy is sinking into
>recession primarily because of the loss of trillions of dollars of housing
>bubble wealth; the credit situation is very much a secondary factor. 
>
>
>
>--------------------------------------------------------------------------------
>Dean Baker is Co-Director of the Center for Economic and Policy Research, in
>Washington, D.C. CEPR's Housing Market Monitor is published weekly and
>provides an incisive breakdown of the latest indicators and developments in
>the housing sector.  
>
>http://www.cepr.net/index.php/data-bytes/housing-market-monitor/house-prices-continue-to-decline-as-talk-of-credit-crisis-spins-out-of-control/
>  
>With in seconds of the House bail out bill passing the stock markets dropped
>almost 200 points.
>
>There's NO WAY the Fed and the stock market can hide 1.4 QUADRILLION in
>worthless derivatives (based on bad debt) in a bail out bill which shifts
>the bad debt back to the same people who couldn't pay the debt in the first
>place -- the American taxpayers.
>
>What the bail out bill is attempting to do is shift the bad housing debt
>BACK to the American people, this time underneath a different shell, ie the
>US Treasury.
>
>The Federal Reserve (aka Europen banks) can't erase their bad debt scheme.
>The stock market is destined to collapse.
>
>Given the Chinese are no longer loaning money to the Federal Reserve and the
>Russians are in the process of backing the rouble with gold, there's no way
>possible the Federal Reserve, devoid of real assets, can manage to remain
>solvent by shifting debt around.  There's no where to shift the debt
>anymore. Americans don't have any jobs to earn enough money to pay back the
>debt.
>
>End game.  The US/EU are finished.  They have no assets to back up their
>fiat currency.


There is only one thing left the Rothschilds can do to create wealth for
themselves, and that is to create forced slave labor camps in the USA/Europe
and sell those goods to the East.  The west is too dumbed down to
sell anything of technological interest and also has no manufacturing
expertise, so the west (and Europe) are destined to making worthless
trinkets and hopefully create a world market place for junk.

"www.freedomtofascism.com"  wrote in message 
news:lg9ee4548p0kl2ekl1b6cqcgje4u883q1v@4ax.com...
> On Fri, 25 Dec 2009 12:06:01 +0300, www.freedomtofascism.com  
> wrote:
>
>>On Sun, 04 Oct 2009 10:56:12 +0400, www.freedomtofascism.com  
>>wrote:
>>
>>>Medvedev: US supremacy eternally over
>>>Thu, 02 Oct 2008 16:04:43 GMT
>>>
>>>
>>>Medvedev said the US no longer deserved to be 'mega-regulator'.
>>>The US is no longer in the ascendant in the global economy, says Russian
>>>President Dmitry Medvedev, urging the formation of a new system.
>>>
>>>"The time of domination by one economy and one currency has been 
>>>consigned
>>>to the past once and for all," said Medvedev to the visiting German
>>>Chancellor Angela Merkel in St Petersburg.
>>>
>>>Medvedev also urged cooperation aimed at creation of a new system which
>>>hinged on "multipolarity, supremacy of the law and taking account of 
>>>mutual
>>>interests," apparently dissociating his vision of an ideal economy from 
>>>what
>>>characterized the present economic situation in the US.
>>>
>>>Merkel, for her part, echoed the need for revitalization of the world
>>>economy.
>>>
>>>On Thursday, the US senators gave their approval to the revised version 
>>>of a
>>>700-billion-dollar bailout package which is meant to prevent the
>>>much-predicted collapse of the country's economy.
>>>
>>>The vote came on the hills of a congressional backlash to the proposal 
>>>which
>>>is going to be left to the House of Representatives' discretion on 
>>>Friday.
>>>
>>>
>>>Medvedev painted the glum picture for the visiting German chancellor.
>>>Sharply deteriorating housing market set off the US financial crisis 
>>>which
>>>has sent tremors through the EU zone not leaving Russia's RTS stock 
>>>market
>>>unharmed.
>>>
>>>The role of the 'mega-regulator' no longer suited Washington, Medvedev
>>>concluded.
>>>
>>>Medvedev's remarks reinforced those of the country's Prime Minister 
>>>Vladimir
>>>Putin who yesterday said "everything happening now in the economic and
>>>financial sphere began in the United States. This is a real crisis that 
>>>all
>>>of us are facing."
>>>
>>>The embattled US economy seems to have given ammunition to the Russian
>>>leaders who are already angry at what they see as Washington's 
>>>provocations
>>>aimed at raking up Cold-War-type grievances.
>>>
>>>http://www.presstv.ir/detail.aspx?id=71142§ionid=351020602
>>
>>Path:
>>Xl.tags.giganews.com!border1.nntp.dca.giganews.com!nntp.giganews.com!local02.nntp.dca.giganews.com!nntp.supernews.com!news.supernews.com.POSTED!not-for-mail
>>NNTP-Posting-Date: Thu, 02 Oct 2008 18:04:40 -0500
>>From: www.freedomtofascism.com  
>>Newsgroups:
>>alt.economics,alt.politics.economics,alt.alien.visitors,alt.military,alt.current-events.cia,alt.politics,uk.politics.misc
>>Subject: Bail Out Bill Exposes Fed Money Scam  Re: "Credit Crisis"  Is The
>>Federal Reserve Going Bankrupt  Re: Federal Reserve Is An EU Bank. 
>>Banking
>>Crash Hits Europe:  Fortis Bankrupt.  EU Banks HAVE More Debt Than US 
>>Banks
>>Date: Mon, 02 Nov 2009 19:03:01 +0300
>>Reply-To: no@thanks.com
>>Message-ID: 
>>References: 
>>
>>
>>
>>
>>
>>
>>
>>
>><Ny5Fk.176$8_3.19@flpi147.ffdc.sbc.com>
>>
>>
>>On Thu, 2 Oct 2008 08:16:38 -0700, "DB"  wrote:
>>
>>>
>>>"www.freedomtofascism.com"  wrote in
>>>
>>>>>THE USA MUST BAIL OUT THE FEDERAL RESERVE BECAUSE THE FEDERAL RESERVE 
>>>>>(AKA
>>>>>EU BANKS) ARE BANKRUPT!
>>>>>
>>>>><snarf>
>>>>>
>>>> The underpinning of the Federal Reserve was American 'wealth' -- which 
>>>> was
>>>> the artificial wealth of the housing mortgage debt.
>>>
>>>
>>>Did the photo copy machine run out of paper at the Federal Reserve???????
>>>LOL
>>>
>>>Maybe Staples and Office Depot could donate some toner and paper 
>>>supplies?
>>>;-)
>>>
>>
>>Heh.  The Federal Reserve printing presses have been going 24-7-365 for
>>several years now.  Given that, the Fed is STILL claiming to be out of
>>money.... so the Fed wants a bail out bill which will force the taxpayers 
>>to
>>give them money so The Fed can lend it back to the taxpayers and charge 
>>them
>>interest.  The problem is the American tax payers don't have any money to
>>give to the Fed!
>>
>>If this isn't a testament to the fact that fiat currency has no value, and
>>the Federal Reserve system is in shambles, then nothing is.
>>
>>Idiots.
>>
>>House Prices Continue to Decline as Talk of Credit Crisis Spins Out of
>>Control
>>October 1, 2008
>>
>>By Dean Baker
>>
>>"The root cause of the crisis is the deflating housing bubble, credit
>>problems are secondary."
>>
>>The Case-Shiller 20-city index fell by another 0.9 percent in July. It has
>>fallen at an 8.6 percent annual rate over the last three months and is 
>>down
>>by 16.3 percent from its year ago level. Nominal prices have now declined
>>19.5 percent from their peak two years ago, which implies a real decline 
>>of
>>approximately 27 percent. This means that the bubble is approximately 60
>>percent deflated. This corresponds to a loss of more than $5 trillion in
>>real housing wealth.
>>
>>The near hysterical discussion (count the times "Great Depression" appears
>>in news stories) of the bailout still largely fails to recognize the roots
>>of the economy's current problems in the collapse of the housing bubble.
>>Much of the discussion assumes that the problem is just bad subprime loans
>>and that house prices will bounce back once the credit markets are working
>>properly.
>>
>>Most of the loans that will go bad will not be subprime, since price
>>declines have hit all segments of the housing market. Furthermore, there 
>>is
>>no reason to think that house prices will rise from current levels, just 
>>as
>>there was no reason to think that the NASDAQ would return to 5000 after 
>>the
>>crash. The focus of serious policy should be to prevent overshooting on 
>>the
>>downside, where house prices fall below their trend levels.
>>
>>Prices are continuing to decline at an extraordinary rate in some of the
>>former bubble markets. House prices in Los Angeles fell by 1.6 percent 
>>last
>>month. Prices for homes in the bottom third fell by 3.2 percent. Since 
>>their
>>peak two years ago, house prices in LA have dropped by 29.7 percent, while
>>prices for the cheapest third of homes have fallen 40.1 percent. Even 
>>prices
>>in the top tier are down by 20.4 percent.
>>
>>In Las Vegas, prices fell by another 2.8 percent in July, with prices in 
>>the
>>bottom tier dropping 3.8 percent. In Washington, DC, prices fell by 1.1
>>percent, while prices in the bottom tier dropped 3.8 percent. In San
>>Francisco the overall decline was 1.8 percent, while prices in the bottom
>>tier fell 3.1 percent.
>>
>>Since the peak two years ago, nominal prices have fallen by 21.8 percent 
>>in
>>Washington, DC, 27.9 percent in San Francisco, and 34.2 percent in Las
>>Vegas. Prices in the bottom tier have fallen by 30.2 percent in 
>>Washington,
>>DC, 46.1 percent in San Francisco, and 36.5 percent in Las Vegas.
>>
>>Many analysts have attributed a tightening of credit in many of these
>>markets to a credit crunch. This is mistaken. While some banks are 
>>squeezed
>>because of bad mortgage loans, even a flush bank would impose tighter
>>lending standards in a market with declining house prices. It is 
>>reasonable
>>to expect that house prices will be 15 to 25 percent lower at the end of
>>2009 in many of these deflating markets.
>>
>>It would be foolish to issue a mortgage loan without a very substantial 
>>down
>>payment, since the expected decline in house prices will quickly destroy
>>much or all of the equity held by the homeowner. In other words, it is the
>>drop in house prices that is causing banks to demand 20 percent down
>>payments in many markets, not their lack of capital. This situation will
>>only be changed by a government house-price support program. Improving the
>>financial conditions of banks will make little difference.
>>
>>Virtually all of the key people in policy positions completely missed the
>>housing bubble as it inflated. As a result, they failed to take corrective
>>steps that would have prevented house prices from getting so far out of 
>>line
>>and also would have prevented the disastrous over-extension of credit. The
>>fact that they still seem to not recognize the nature of the housing 
>>bubble
>>is likely to further compound their mistakes. The economy is sinking into
>>recession primarily because of the loss of trillions of dollars of housing
>>bubble wealth; the credit situation is very much a secondary factor.
>>
>>
>>
>>--------------------------------------------------------------------------------
>>Dean Baker is Co-Director of the Center for Economic and Policy Research, 
>>in
>>Washington, D.C. CEPR's Housing Market Monitor is published weekly and
>>provides an incisive breakdown of the latest indicators and developments 
>>in
>>the housing sector.
>>
>>http://www.cepr.net/index.php/data-bytes/housing-market-monitor/house-prices-continue-to-decline-as-talk-of-credit-crisis-spins-out-of-control/
>>
>>With in seconds of the House bail out bill passing the stock markets 
>>dropped
>>almost 200 points.
>>
>>There's NO WAY the Fed and the stock market can hide 1.4 QUADRILLION in
>>worthless derivatives (based on bad debt) in a bail out bill which shifts
>>the bad debt back to the same people who couldn't pay the debt in the 
>>first
>>place -- the American taxpayers.
>>
>>What the bail out bill is attempting to do is shift the bad housing debt
>>BACK to the American people, this time underneath a different shell, ie 
>>the
>>US Treasury.
>>
>>The Federal Reserve (aka Europen banks) can't erase their bad debt scheme.
>>The stock market is destined to collapse.
>>
>>Given the Chinese are no longer loaning money to the Federal Reserve and 
>>the
>>Russians are in the process of backing the rouble with gold, there's no 
>>way
>>possible the Federal Reserve, devoid of real assets, can manage to remain
>>solvent by shifting debt around.  There's no where to shift the debt
>>anymore. Americans don't have any jobs to earn enough money to pay back 
>>the
>>debt.
>>
>>End game.  The US/EU are finished.  They have no assets to back up their
>>fiat currency.
>
>
> There is only one thing left the Rothschilds can do to create wealth for
> themselves, and that is to create forced slave labor camps in the 
> USA/Europe
> and sell those goods to the East.  The west is too dumbed down to
> sell anything of technological interest and also has no manufacturing
> expertise, so the west (and Europe) are destined to making worthless
> trinkets and hopefully create a world market place for junk.
>
>
>
>

"www.freedomtofascism.com"  wrote in message 
news:lg9ee4548p0kl2ekl1b6cqcgje4u883q1v@4ax.com...
> On Fri, 25 Dec 2009 12:06:01 +0300, www.freedomtofascism.com  
> wrote:
>
>>On Sun, 04 Oct 2009 10:56:12 +0400, www.freedomtofascism.com  
>>wrote:
>>
>>>Medvedev: US supremacy eternally over
>>>Thu, 02 Oct 2008 16:04:43 GMT
>>>
>>>
>>>Medvedev said the US no longer deserved to be 'mega-regulator'.
>>>The US is no longer in the ascendant in the global economy, says Russian
>>>President Dmitry Medvedev, urging the formation of a new system.
>>>
>>>"The time of domination by one economy and one currency has been 
>>>consigned
>>>to the past once and for all," said Medvedev to the visiting German
>>>Chancellor Angela Merkel in St Petersburg.
>>>
>>>Medvedev also urged cooperation aimed at creation of a new system which
>>>hinged on "multipolarity, supremacy of the law and taking account of 
>>>mutual
>>>interests," apparently dissociating his vision of an ideal economy from 
>>>what
>>>characterized the present economic situation in the US.
>>>
>>>Merkel, for her part, echoed the need for revitalization of the world
>>>economy.
>>>
>>>On Thursday, the US senators gave their approval to the revised version 
>>>of a
>>>700-billion-dollar bailout package which is meant to prevent the
>>>much-predicted collapse of the country's economy.
>>>
>>>The vote came on the hills of a congressional backlash to the proposal 
>>>which
>>>is going to be left to the House of Representatives' discretion on 
>>>Friday.
>>>
>>>
>>>Medvedev painted the glum picture for the visiting German chancellor.
>>>Sharply deteriorating housing market set off the US financial crisis 
>>>which
>>>has sent tremors through the EU zone not leaving Russia's RTS stock 
>>>market
>>>unharmed.
>>>
>>>The role of the 'mega-regulator' no longer suited Washington, Medvedev
>>>concluded.
>>>
>>>Medvedev's remarks reinforced those of the country's Prime Minister 
>>>Vladimir
>>>Putin who yesterday said "everything happening now in the economic and
>>>financial sphere began in the United States. This is a real crisis that 
>>>all
>>>of us are facing."
>>>
>>>The embattled US economy seems to have given ammunition to the Russian
>>>leaders who are already angry at what they see as Washington's 
>>>provocations
>>>aimed at raking up Cold-War-type grievances.
>>>
>>>http://www.presstv.ir/detail.aspx?id=71142§ionid=351020602
>>
>>Path:
>>Xl.tags.giganews.com!border1.nntp.dca.giganews.com!nntp.giganews.com!local02.nntp.dca.giganews.com!nntp.supernews.com!news.supernews.com.POSTED!not-for-mail
>>NNTP-Posting-Date: Thu, 02 Oct 2008 18:04:40 -0500
>>From: www.freedomtofascism.com  
>>Newsgroups:
>>alt.economics,alt.politics.economics,alt.alien.visitors,alt.military,alt.current-events.cia,alt.politics,uk.politics.misc
>>Subject: Bail Out Bill Exposes Fed Money Scam  Re: "Credit Crisis"  Is The
>>Federal Reserve Going Bankrupt  Re: Federal Reserve Is An EU Bank. 
>>Banking
>>Crash Hits Europe:  Fortis Bankrupt.  EU Banks HAVE More Debt Than US 
>>Banks
>>Date: Mon, 02 Nov 2009 19:03:01 +0300
>>Reply-To: no@thanks.com
>>Message-ID: 
>>References: 
>>
>>
>>
>>
>>
>>
>>
>>
>><Ny5Fk.176$8_3.19@flpi147.ffdc.sbc.com>
>>
>>
>>On Thu, 2 Oct 2008 08:16:38 -0700, "DB"  wrote:
>>
>>>
>>>"www.freedomtofascism.com"  wrote in
>>>
>>>>>THE USA MUST BAIL OUT THE FEDERAL RESERVE BECAUSE THE FEDERAL RESERVE 
>>>>>(AKA
>>>>>EU BANKS) ARE BANKRUPT!
>>>>>
>>>>><snarf>
>>>>>
>>>> The underpinning of the Federal Reserve was American 'wealth' -- which 
>>>> was
>>>> the artificial wealth of the housing mortgage debt.
>>>
>>>
>>>Did the photo copy machine run out of paper at the Federal Reserve???????
>>>LOL
>>>
>>>Maybe Staples and Office Depot could donate some toner and paper 
>>>supplies?
>>>;-)
>>>
>>
>>Heh.  The Federal Reserve printing presses have been going 24-7-365 for
>>several years now.  Given that, the Fed is STILL claiming to be out of
>>money.... so the Fed wants a bail out bill which will force the taxpayers 
>>to
>>give them money so The Fed can lend it back to the taxpayers and charge 
>>them
>>interest.  The problem is the American tax payers don't have any money to
>>give to the Fed!
>>
>>If this isn't a testament to the fact that fiat currency has no value, and
>>the Federal Reserve system is in shambles, then nothing is.
>>
>>Idiots.
>>
>>House Prices Continue to Decline as Talk of Credit Crisis Spins Out of
>>Control
>>October 1, 2008
>>
>>By Dean Baker
>>
>>"The root cause of the crisis is the deflating housing bubble, credit
>>problems are secondary."
>>
>>The Case-Shiller 20-city index fell by another 0.9 percent in July. It has
>>fallen at an 8.6 percent annual rate over the last three months and is 
>>down
>>by 16.3 percent from its year ago level. Nominal prices have now declined
>>19.5 percent from their peak two years ago, which implies a real decline 
>>of
>>approximately 27 percent. This means that the bubble is approximately 60
>>percent deflated. This corresponds to a loss of more than $5 trillion in
>>real housing wealth.
>>
>>The near hysterical discussion (count the times "Great Depression" appears
>>in news stories) of the bailout still largely fails to recognize the roots
>>of the economy's current problems in the collapse of the housing bubble.
>>Much of the discussion assumes that the problem is just bad subprime loans
>>and that house prices will bounce back once the credit markets are working
>>properly.
>>
>>Most of the loans that will go bad will not be subprime, since price
>>declines have hit all segments of the housing market. Furthermore, there 
>>is
>>no reason to think that house prices will rise from current levels, just 
>>as
>>there was no reason to think that the NASDAQ would return to 5000 after 
>>the
>>crash. The focus of serious policy should be to prevent overshooting on 
>>the
>>downside, where house prices fall below their trend levels.
>>
>>Prices are continuing to decline at an extraordinary rate in some of the
>>former bubble markets. House prices in Los Angeles fell by 1.6 percent 
>>last
>>month. Prices for homes in the bottom third fell by 3.2 percent. Since 
>>their
>>peak two years ago, house prices in LA have dropped by 29.7 percent, while
>>prices for the cheapest third of homes have fallen 40.1 percent. Even 
>>prices
>>in the top tier are down by 20.4 percent.
>>
>>In Las Vegas, prices fell by another 2.8 percent in July, with prices in 
>>the
>>bottom tier dropping 3.8 percent. In Washington, DC, prices fell by 1.1
>>percent, while prices in the bottom tier dropped 3.8 percent. In San
>>Francisco the overall decline was 1.8 percent, while prices in the bottom
>>tier fell 3.1 percent.
>>
>>Since the peak two years ago, nominal prices have fallen by 21.8 percent 
>>in
>>Washington, DC, 27.9 percent in San Francisco, and 34.2 percent in Las
>>Vegas. Prices in the bottom tier have fallen by 30.2 percent in 
>>Washington,
>>DC, 46.1 percent in San Francisco, and 36.5 percent in Las Vegas.
>>
>>Many analysts have attributed a tightening of credit in many of these
>>markets to a credit crunch. This is mistaken. While some banks are 
>>squeezed
>>because of bad mortgage loans, even a flush bank would impose tighter
>>lending standards in a market with declining house prices. It is 
>>reasonable
>>to expect that house prices will be 15 to 25 percent lower at the end of
>>2009 in many of these deflating markets.
>>
>>It would be foolish to issue a mortgage loan without a very substantial 
>>down
>>payment, since the expected decline in house prices will quickly destroy
>>much or all of the equity held by the homeowner. In other words, it is the
>>drop in house prices that is causing banks to demand 20 percent down
>>payments in many markets, not their lack of capital. This situation will
>>only be changed by a government house-price support program. Improving the
>>financial conditions of banks will make little difference.
>>
>>Virtually all of the key people in policy positions completely missed the
>>housing bubble as it inflated. As a result, they failed to take corrective
>>steps that would have prevented house prices from getting so far out of 
>>line
>>and also would have prevented the disastrous over-extension of credit. The
>>fact that they still seem to not recognize the nature of the housing 
>>bubble
>>is likely to further compound their mistakes. The economy is sinking into
>>recession primarily because of the loss of trillions of dollars of housing
>>bubble wealth; the credit situation is very much a secondary factor.
>>
>>
>>
>>--------------------------------------------------------------------------------
>>Dean Baker is Co-Director of the Center for Economic and Policy Research, 
>>in
>>Washington, D.C. CEPR's Housing Market Monitor is published weekly and
>>provides an incisive breakdown of the latest indicators and developments 
>>in
>>the housing sector.
>>
>>http://www.cepr.net/index.php/data-bytes/housing-market-monitor/house-prices-continue-to-decline-as-talk-of-credit-crisis-spins-out-of-control/
>>
>>With in seconds of the House bail out bill passing the stock markets 
>>dropped
>>almost 200 points.
>>
>>There's NO WAY the Fed and the stock market can hide 1.4 QUADRILLION in
>>worthless derivatives (based on bad debt) in a bail out bill which shifts
>>the bad debt back to the same people who couldn't pay the debt in the 
>>first
>>place -- the American taxpayers.
>>
>>What the bail out bill is attempting to do is shift the bad housing debt
>>BACK to the American people, this time underneath a different shell, ie 
>>the
>>US Treasury.
>>
>>The Federal Reserve (aka Europen banks) can't erase their bad debt scheme.
>>The stock market is destined to collapse.
>>
>>Given the Chinese are no longer loaning money to the Federal Reserve and 
>>the
>>Russians are in the process of backing the rouble with gold, there's no 
>>way
>>possible the Federal Reserve, devoid of real assets, can manage to remain
>>solvent by shifting debt around.  There's no where to shift the debt
>>anymore. Americans don't have any jobs to earn enough money to pay back 
>>the
>>debt.
>>
>>End game.  The US/EU are finished.  They have no assets to back up their
>>fiat currency.
>
>
> There is only one thing left the Rothschilds can do to create wealth for
> themselves, and that is to create forced slave labor camps in the 
> USA/Europe
> and sell those goods to the East.  The west is too dumbed down to
> sell anything of technological interest and also has no manufacturing
> expertise, so the west (and Europe) are destined to making worthless
> trinkets and hopefully create a world market place for junk.
>
>
>
>

"www.freedomtofascism.com"  wrote in message 
news:lg9ee4548p0kl2ekl1b6cqcgje4u883q1v@4ax.com...
> On Fri, 25 Dec 2009 12:06:01 +0300, www.freedomtofascism.com  
> wrote:
>
>>On Sun, 04 Oct 2009 10:56:12 +0400, www.freedomtofascism.com  
>>wrote:
>>
>>>Medvedev: US supremacy eternally over
>>>Thu, 02 Oct 2008 16:04:43 GMT
>>>
>>>
>>>Medvedev said the US no longer deserved to be 'mega-regulator'.
>>>The US is no longer in the ascendant in the global economy, says Russian
>>>President Dmitry Medvedev, urging the formation of a new system.
>>>
>>>"The time of domination by one economy and one currency has been 
>>>consigned
>>>to the past once and for all," said Medvedev to the visiting German
>>>Chancellor Angela Merkel in St Petersburg.
>>>
>>>Medvedev also urged cooperation aimed at creation of a new system which
>>>hinged on "multipolarity, supremacy of the law and taking account of 
>>>mutual
>>>interests," apparently dissociating his vision of an ideal economy from 
>>>what
>>>characterized the present economic situation in the US.
>>>
>>>Merkel, for her part, echoed the need for revitalization of the world
>>>economy.
>>>
>>>On Thursday, the US senators gave their approval to the revised version 
>>>of a
>>>700-billion-dollar bailout package which is meant to prevent the
>>>much-predicted collapse of the country's economy.
>>>
>>>The vote came on the hills of a congressional backlash to the proposal 
>>>which
>>>is going to be left to the House of Representatives' discretion on 
>>>Friday.
>>>
>>>
>>>Medvedev painted the glum picture for the visiting German chancellor.
>>>Sharply deteriorating housing market set off the US financial crisis 
>>>which
>>>has sent tremors through the EU zone not leaving Russia's RTS stock 
>>>market
>>>unharmed.
>>>
>>>The role of the 'mega-regulator' no longer suited Washington, Medvedev
>>>concluded.
>>>
>>>Medvedev's remarks reinforced those of the country's Prime Minister 
>>>Vladimir
>>>Putin who yesterday said "everything happening now in the economic and
>>>financial sphere began in the United States. This is a real crisis that 
>>>all
>>>of us are facing."
>>>
>>>The embattled US economy seems to have given ammunition to the Russian
>>>leaders who are already angry at what they see as Washington's 
>>>provocations
>>>aimed at raking up Cold-War-type grievances.
>>>
>>>http://www.presstv.ir/detail.aspx?id=71142§ionid=351020602
>>
>>Path:
>>Xl.tags.giganews.com!border1.nntp.dca.giganews.com!nntp.giganews.com!local02.nntp.dca.giganews.com!nntp.supernews.com!news.supernews.com.POSTED!not-for-mail
>>NNTP-Posting-Date: Thu, 02 Oct 2008 18:04:40 -0500
>>From: www.freedomtofascism.com  
>>Newsgroups:
>>alt.economics,alt.politics.economics,alt.alien.visitors,alt.military,alt.current-events.cia,alt.politics,uk.politics.misc
>>Subject: Bail Out Bill Exposes Fed Money Scam  Re: "Credit Crisis"  Is The
>>Federal Reserve Going Bankrupt  Re: Federal Reserve Is An EU Bank. 
>>Banking
>>Crash Hits Europe:  Fortis Bankrupt.  EU Banks HAVE More Debt Than US 
>>Banks
>>Date: Mon, 02 Nov 2009 19:03:01 +0300
>>Reply-To: no@thanks.com
>>Message-ID: 
>>References: 
>>
>>
>>
>>
>>
>>
>>
>>
>><Ny5Fk.176$8_3.19@flpi147.ffdc.sbc.com>
>>
>>
>>On Thu, 2 Oct 2008 08:16:38 -0700, "DB"  wrote:
>>
>>>
>>>"www.freedomtofascism.com"  wrote in
>>>
>>>>>THE USA MUST BAIL OUT THE FEDERAL RESERVE BECAUSE THE FEDERAL RESERVE 
>>>>>(AKA
>>>>>EU BANKS) ARE BANKRUPT!
>>>>>
>>>>><snarf>
>>>>>
>>>> The underpinning of the Federal Reserve was American 'wealth' -- which 
>>>> was
>>>> the artificial wealth of the housing mortgage debt.
>>>
>>>
>>>Did the photo copy machine run out of paper at the Federal Reserve???????
>>>LOL
>>>
>>>Maybe Staples and Office Depot could donate some toner and paper 
>>>supplies?
>>>;-)
>>>
>>
>>Heh.  The Federal Reserve printing presses have been going 24-7-365 for
>>several years now.  Given that, the Fed is STILL claiming to be out of
>>money.... so the Fed wants a bail out bill which will force the taxpayers 
>>to
>>give them money so The Fed can lend it back to the taxpayers and charge 
>>them
>>interest.  The problem is the American tax payers don't have any money to
>>give to the Fed!
>>
>>If this isn't a testament to the fact that fiat currency has no value, and
>>the Federal Reserve system is in shambles, then nothing is.
>>
>>Idiots.
>>
>>House Prices Continue to Decline as Talk of Credit Crisis Spins Out of
>>Control
>>October 1, 2008
>>
>>By Dean Baker
>>
>>"The root cause of the crisis is the deflating housing bubble, credit
>>problems are secondary."
>>
>>The Case-Shiller 20-city index fell by another 0.9 percent in July. It has
>>fallen at an 8.6 percent annual rate over the last three months and is 
>>down
>>by 16.3 percent from its year ago level. Nominal prices have now declined
>>19.5 percent from their peak two years ago, which implies a real decline 
>>of
>>approximately 27 percent. This means that the bubble is approximately 60
>>percent deflated. This corresponds to a loss of more than $5 trillion in
>>real housing wealth.
>>
>>The near hysterical discussion (count the times "Great Depression" appears
>>in news stories) of the bailout still largely fails to recognize the roots
>>of the economy's current problems in the collapse of the housing bubble.
>>Much of the discussion assumes that the problem is just bad subprime loans
>>and that house prices will bounce back once the credit markets are working
>>properly.
>>
>>Most of the loans that will go bad will not be subprime, since price
>>declines have hit all segments of the housing market. Furthermore, there 
>>is
>>no reason to think that house prices will rise from current levels, just 
>>as
>>there was no reason to think that the NASDAQ would return to 5000 after 
>>the
>>crash. The focus of serious policy should be to prevent overshooting on 
>>the
>>downside, where house prices fall below their trend levels.
>>
>>Prices are continuing to decline at an extraordinary rate in some of the
>>former bubble markets. House prices in Los Angeles fell by 1.6 percent 
>>last
>>month. Prices for homes in the bottom third fell by 3.2 percent. Since 
>>their
>>peak two years ago, house prices in LA have dropped by 29.7 percent, while
>>prices for the cheapest third of homes have fallen 40.1 percent. Even 
>>prices
>>in the top tier are down by 20.4 percent.
>>
>>In Las Vegas, prices fell by another 2.8 percent in July, with prices in 
>>the
>>bottom tier dropping 3.8 percent. In Washington, DC, prices fell by 1.1
>>percent, while prices in the bottom tier dropped 3.8 percent. In San
>>Francisco the overall decline was 1.8 percent, while prices in the bottom
>>tier fell 3.1 percent.
>>
>>Since the peak two years ago, nominal prices have fallen by 21.8 percent 
>>in
>>Washington, DC, 27.9 percent in San Francisco, and 34.2 percent in Las
>>Vegas. Prices in the bottom tier have fallen by 30.2 percent in 
>>Washington,
>>DC, 46.1 percent in San Francisco, and 36.5 percent in Las Vegas.
>>
>>Many analysts have attributed a tightening of credit in many of these
>>markets to a credit crunch. This is mistaken. While some banks are 
>>squeezed
>>because of bad mortgage loans, even a flush bank would impose tighter
>>lending standards in a market with declining house prices. It is 
>>reasonable
>>to expect that house prices will be 15 to 25 percent lower at the end of
>>2009 in many of these deflating markets.
>>
>>It would be foolish to issue a mortgage loan without a very substantial 
>>down
>>payment, since the expected decline in house prices will quickly destroy
>>much or all of the equity held by the homeowner. In other words, it is the
>>drop in house prices that is causing banks to demand 20 percent down
>>payments in many markets, not their lack of capital. This situation will
>>only be changed by a government house-price support program. Improving the
>>financial conditions of banks will make little difference.
>>
>>Virtually all of the key people in policy positions completely missed the
>>housing bubble as it inflated. As a result, they failed to take corrective
>>steps that would have prevented house prices from getting so far out of 
>>line
>>and also would have prevented the disastrous over-extension of credit. The
>>fact that they still seem to not recognize the nature of the housing 
>>bubble
>>is likely to further compound their mistakes. The economy is sinking into
>>recession primarily because of the loss of trillions of dollars of housing
>>bubble wealth; the credit situation is very much a secondary factor.
>>
>>
>>
>>--------------------------------------------------------------------------------
>>Dean Baker is Co-Director of the Center for Economic and Policy Research, 
>>in
>>Washington, D.C. CEPR's Housing Market Monitor is published weekly and
>>provides an incisive breakdown of the latest indicators and developments 
>>in
>>the housing sector.
>>
>>http://www.cepr.net/index.php/data-bytes/housing-market-monitor/house-prices-continue-to-decline-as-talk-of-credit-crisis-spins-out-of-control/
>>
>>With in seconds of the House bail out bill passing the stock markets 
>>dropped
>>almost 200 points.
>>
>>There's NO WAY the Fed and the stock market can hide 1.4 QUADRILLION in
>>worthless derivatives (based on bad debt) in a bail out bill which shifts
>>the bad debt back to the same people who couldn't pay the debt in the 
>>first
>>place -- the American taxpayers.
>>
>>What the bail out bill is attempting to do is shift the bad housing debt
>>BACK to the American people, this time underneath a different shell, ie 
>>the
>>US Treasury.
>>
>>The Federal Reserve (aka Europen banks) can't erase their bad debt scheme.
>>The stock market is destined to collapse.
>>
>>Given the Chinese are no longer loaning money to the Federal Reserve and 
>>the
>>Russians are in the process of backing the rouble with gold, there's no 
>>way
>>possible the Federal Reserve, devoid of real assets, can manage to remain
>>solvent by shifting debt around.  There's no where to shift the debt
>>anymore. Americans don't have any jobs to earn enough money to pay back 
>>the
>>debt.
>>
>>End game.  The US/EU are finished.  They have no assets to back up their
>>fiat currency.
>
>
> There is only one thing left the Rothschilds can do to create wealth for
> themselves, and that is to create forced slave labor camps in the 
> USA/Europe
> and sell those goods to the East.  The west is too dumbed down to
> sell anything of technological interest and also has no manufacturing
> expertise, so the west (and Europe) are destined to making worthless
> trinkets and hopefully create a world market place for junk.
>
>
>
>

"www.freedomtofascism.com"  wrote in message 
news:lg9ee4548p0kl2ekl1b6cqcgje4u883q1v@4ax.com...
> On Fri, 25 Dec 2009 12:06:01 +0300, www.freedomtofascism.com  
> wrote:
>
>>On Sun, 04 Oct 2009 10:56:12 +0400, www.freedomtofascism.com  
>>wrote:
>>
>>>Medvedev: US supremacy eternally over
>>>Thu, 02 Oct 2008 16:04:43 GMT
>>>
>>>
>>>Medvedev said the US no longer deserved to be 'mega-regulator'.
>>>The US is no longer in the ascendant in the global economy, says Russian
>>>President Dmitry Medvedev, urging the formation of a new system.
>>>
>>>"The time of domination by one economy and one currency has been 
>>>consigned
>>>to the past once and for all," said Medvedev to the visiting German
>>>Chancellor Angela Merkel in St Petersburg.
>>>
>>>Medvedev also urged cooperation aimed at creation of a new system which
>>>hinged on "multipolarity, supremacy of the law and taking account of 
>>>mutual
>>>interests," apparently dissociating his vision of an ideal economy from 
>>>what
>>>characterized the present economic situation in the US.
>>>
>>>Merkel, for her part, echoed the need for revitalization of the world
>>>economy.
>>>
>>>On Thursday, the US senators gave their approval to the revised version 
>>>of a
>>>700-billion-dollar bailout package which is meant to prevent the
>>>much-predicted collapse of the country's economy.
>>>
>>>The vote came on the hills of a congressional backlash to the proposal 
>>>which
>>>is going to be left to the House of Representatives' discretion on 
>>>Friday.
>>>
>>>
>>>Medvedev painted the glum picture for the visiting German chancellor.
>>>Sharply deteriorating housing market set off the US financial crisis 
>>>which
>>>has sent tremors through the EU zone not leaving Russia's RTS stock 
>>>market
>>>unharmed.
>>>
>>>The role of the 'mega-regulator' no longer suited Washington, Medvedev
>>>concluded.
>>>
>>>Medvedev's remarks reinforced those of the country's Prime Minister 
>>>Vladimir
>>>Putin who yesterday said "everything happening now in the economic and
>>>financial sphere began in the United States. This is a real crisis that 
>>>all
>>>of us are facing."
>>>
>>>The embattled US economy seems to have given ammunition to the Russian
>>>leaders who are already angry at what they see as Washington's 
>>>provocations
>>>aimed at raking up Cold-War-type grievances.
>>>
>>>http://www.presstv.ir/detail.aspx?id=71142§ionid=351020602
>>
>>Path:
>>Xl.tags.giganews.com!border1.nntp.dca.giganews.com!nntp.giganews.com!local02.nntp.dca.giganews.com!nntp.supernews.com!news.supernews.com.POSTED!not-for-mail
>>NNTP-Posting-Date: Thu, 02 Oct 2008 18:04:40 -0500
>>From: www.freedomtofascism.com  
>>Newsgroups:
>>alt.economics,alt.politics.economics,alt.alien.visitors,alt.military,alt.current-events.cia,alt.politics,uk.politics.misc
>>Subject: Bail Out Bill Exposes Fed Money Scam  Re: "Credit Crisis"  Is The
>>Federal Reserve Going Bankrupt  Re: Federal Reserve Is An EU Bank. 
>>Banking
>>Crash Hits Europe:  Fortis Bankrupt.  EU Banks HAVE More Debt Than US 
>>Banks
>>Date: Mon, 02 Nov 2009 19:03:01 +0300
>>Reply-To: no@thanks.com
>>Message-ID: 
>>References: 
>>
>>
>>
>>
>>
>>
>>
>>
>><Ny5Fk.176$8_3.19@flpi147.ffdc.sbc.com>
>>
>>
>>On Thu, 2 Oct 2008 08:16:38 -0700, "DB"  wrote:
>>
>>>
>>>"www.freedomtofascism.com"  wrote in
>>>
>>>>>THE USA MUST BAIL OUT THE FEDERAL RESERVE BECAUSE THE FEDERAL RESERVE 
>>>>>(AKA
>>>>>EU BANKS) ARE BANKRUPT!
>>>>>
>>>>><snarf>
>>>>>
>>>> The underpinning of the Federal Reserve was American 'wealth' -- which 
>>>> was
>>>> the artificial wealth of the housing mortgage debt.
>>>
>>>
>>>Did the photo copy machine run out of paper at the Federal Reserve???????
>>>LOL
>>>
>>>Maybe Staples and Office Depot could donate some toner and paper 
>>>supplies?
>>>;-)
>>>
>>
>>Heh.  The Federal Reserve printing presses have been going 24-7-365 for
>>several years now.  Given that, the Fed is STILL claiming to be out of
>>money.... so the Fed wants a bail out bill which will force the taxpayers 
>>to
>>give them money so The Fed can lend it back to the taxpayers and charge 
>>them
>>interest.  The problem is the American tax payers don't have any money to
>>give to the Fed!
>>
>>If this isn't a testament to the fact that fiat currency has no value, and
>>the Federal Reserve system is in shambles, then nothing is.
>>
>>Idiots.
>>
>>House Prices Continue to Decline as Talk of Credit Crisis Spins Out of
>>Control
>>October 1, 2008
>>
>>By Dean Baker
>>
>>"The root cause of the crisis is the deflating housing bubble, credit
>>problems are secondary."
>>
>>The Case-Shiller 20-city index fell by another 0.9 percent in July. It has
>>fallen at an 8.6 percent annual rate over the last three months and is 
>>down
>>by 16.3 percent from its year ago level. Nominal prices have now declined
>>19.5 percent from their peak two years ago, which implies a real decline 
>>of
>>approximately 27 percent. This means that the bubble is approximately 60
>>percent deflated. This corresponds to a loss of more than $5 trillion in
>>real housing wealth.
>>
>>The near hysterical discussion (count the times "Great Depression" appears
>>in news stories) of the bailout still largely fails to recognize the roots
>>of the economy's current problems in the collapse of the housing bubble.
>>Much of the discussion assumes that the problem is just bad subprime loans
>>and that house prices will bounce back once the credit markets are working
>>properly.
>>
>>Most of the loans that will go bad will not be subprime, since price
>>declines have hit all segments of the housing market. Furthermore, there 
>>is
>>no reason to think that house prices will rise from current levels, just 
>>as
>>there was no reason to think that the NASDAQ would return to 5000 after 
>>the
>>crash. The focus of serious policy should be to prevent overshooting on 
>>the
>>downside, where house prices fall below their trend levels.
>>
>>Prices are continuing to decline at an extraordinary rate in some of the
>>former bubble markets. House prices in Los Angeles fell by 1.6 percent 
>>last
>>month. Prices for homes in the bottom third fell by 3.2 percent. Since 
>>their
>>peak two years ago, house prices in LA have dropped by 29.7 percent, while
>>prices for the cheapest third of homes have fallen 40.1 percent. Even 
>>prices
>>in the top tier are down by 20.4 percent.
>>
>>In Las Vegas, prices fell by another 2.8 percent in July, with prices in 
>>the
>>bottom tier dropping 3.8 percent. In Washington, DC, prices fell by 1.1
>>percent, while prices in the bottom tier dropped 3.8 percent. In San
>>Francisco the overall decline was 1.8 percent, while prices in the bottom
>>tier fell 3.1 percent.
>>
>>Since the peak two years ago, nominal prices have fallen by 21.8 percent 
>>in
>>Washington, DC, 27.9 percent in San Francisco, and 34.2 percent in Las
>>Vegas. Prices in the bottom tier have fallen by 30.2 percent in 
>>Washington,
>>DC, 46.1 percent in San Francisco, and 36.5 percent in Las Vegas.
>>
>>Many analysts have attributed a tightening of credit in many of these
>>markets to a credit crunch. This is mistaken. While some banks are 
>>squeezed
>>because of bad mortgage loans, even a flush bank would impose tighter
>>lending standards in a market with declining house prices. It is 
>>reasonable
>>to expect that house prices will be 15 to 25 percent lower at the end of
>>2009 in many of these deflating markets.
>>
>>It would be foolish to issue a mortgage loan without a very substantial 
>>down
>>payment, since the expected decline in house prices will quickly destroy
>>much or all of the equity held by the homeowner. In other words, it is the
>>drop in house prices that is causing banks to demand 20 percent down
>>payments in many markets, not their lack of capital. This situation will
>>only be changed by a government house-price support program. Improving the
>>financial conditions of banks will make little difference.
>>
>>Virtually all of the key people in policy positions completely missed the
>>housing bubble as it inflated. As a result, they failed to take corrective
>>steps that would have prevented house prices from getting so far out of 
>>line
>>and also would have prevented the disastrous over-extension of credit. The
>>fact that they still seem to not recognize the nature of the housing 
>>bubble
>>is likely to further compound their mistakes. The economy is sinking into
>>recession primarily because of the loss of trillions of dollars of housing
>>bubble wealth; the credit situation is very much a secondary factor.
>>
>>
>>
>>--------------------------------------------------------------------------------
>>Dean Baker is Co-Director of the Center for Economic and Policy Research, 
>>in
>>Washington, D.C. CEPR's Housing Market Monitor is published weekly and
>>provides an incisive breakdown of the latest indicators and developments 
>>in
>>the housing sector.
>>
>>http://www.cepr.net/index.php/data-bytes/housing-market-monitor/house-prices-continue-to-decline-as-talk-of-credit-crisis-spins-out-of-control/
>>
>>With in seconds of the House bail out bill passing the stock markets 
>>dropped
>>almost 200 points.
>>
>>There's NO WAY the Fed and the stock market can hide 1.4 QUADRILLION in
>>worthless derivatives (based on bad debt) in a bail out bill which shifts
>>the bad debt back to the same people who couldn't pay the debt in the 
>>first
>>place -- the American taxpayers.
>>
>>What the bail out bill is attempting to do is shift the bad housing debt
>>BACK to the American people, this time underneath a different shell, ie 
>>the
>>US Treasury.
>>
>>The Federal Reserve (aka Europen banks) can't erase their bad debt scheme.
>>The stock market is destined to collapse.
>>
>>Given the Chinese are no longer loaning money to the Federal Reserve and 
>>the
>>Russians are in the process of backing the rouble with gold, there's no 
>>way
>>possible the Federal Reserve, devoid of real assets, can manage to remain
>>solvent by shifting debt around.  There's no where to shift the debt
>>anymore. Americans don't have any jobs to earn enough money to pay back 
>>the
>>debt.
>>
>>End game.  The US/EU are finished.  They have no assets to back up their
>>fiat currency.
>
>
> There is only one thing left the Rothschilds can do to create wealth for
> themselves, and that is to create forced slave labor camps in the 
> USA/Europe
> and sell those goods to the East.  The west is too dumbed down to
> sell anything of technological interest and also has no manufacturing
> expertise, so the west (and Europe) are destined to making worthless
> trinkets and hopefully create a world market place for junk.
>
>
>
>

"www.freedomtofascism.com"  wrote in message 
news:lg9ee4548p0kl2ekl1b6cqcgje4u883q1v@4ax.com...
> On Fri, 25 Dec 2009 12:06:01 +0300, www.freedomtofascism.com  
> wrote:
>
>>On Sun, 04 Oct 2009 10:56:12 +0400, www.freedomtofascism.com  
>>wrote:
>>
>>>Medvedev: US supremacy eternally over
>>>Thu, 02 Oct 2008 16:04:43 GMT
>>>
>>>
>>>Medvedev said the US no longer deserved to be 'mega-regulator'.
>>>The US is no longer in the ascendant in the global economy, says Russian
>>>President Dmitry Medvedev, urging the formation of a new system.
>>>
>>>"The time of domination by one economy and one currency has been 
>>>consigned
>>>to the past once and for all," said Medvedev to the visiting German
>>>Chancellor Angela Merkel in St Petersburg.
>>>
>>>Medvedev also urged cooperation aimed at creation of a new system which
>>>hinged on "multipolarity, supremacy of the law and taking account of 
>>>mutual
>>>interests," apparently dissociating his vision of an ideal economy from 
>>>what
>>>characterized the present economic situation in the US.
>>>
>>>Merkel, for her part, echoed the need for revitalization of the world
>>>economy.
>>>
>>>On Thursday, the US senators gave their approval to the revised version 
>>>of a
>>>700-billion-dollar bailout package which is meant to prevent the
>>>much-predicted collapse of the country's economy.
>>>
>>>The vote came on the hills of a congressional backlash to the proposal 
>>>which
>>>is going to be left to the House of Representatives' discretion on 
>>>Friday.
>>>
>>>
>>>Medvedev painted the glum picture for the visiting German chancellor.
>>>Sharply deteriorating housing market set off the US financial crisis 
>>>which
>>>has sent tremors through the EU zone not leaving Russia's RTS stock 
>>>market
>>>unharmed.
>>>
>>>The role of the 'mega-regulator' no longer suited Washington, Medvedev
>>>concluded.
>>>
>>>Medvedev's remarks reinforced those of the country's Prime Minister 
>>>Vladimir
>>>Putin who yesterday said "everything happening now in the economic and
>>>financial sphere began in the United States. This is a real crisis that 
>>>all
>>>of us are facing."
>>>
>>>The embattled US economy seems to have given ammunition to the Russian
>>>leaders who are already angry at what they see as Washington's 
>>>provocations
>>>aimed at raking up Cold-War-type grievances.
>>>
>>>http://www.presstv.ir/detail.aspx?id=71142§ionid=351020602
>>
>>Path:
>>Xl.tags.giganews.com!border1.nntp.dca.giganews.com!nntp.giganews.com!local02.nntp.dca.giganews.com!nntp.supernews.com!news.supernews.com.POSTED!not-for-mail
>>NNTP-Posting-Date: Thu, 02 Oct 2008 18:04:40 -0500
>>From: www.freedomtofascism.com  
>>Newsgroups:
>>alt.economics,alt.politics.economics,alt.alien.visitors,alt.military,alt.current-events.cia,alt.politics,uk.politics.misc
>>Subject: Bail Out Bill Exposes Fed Money Scam  Re: "Credit Crisis"  Is The
>>Federal Reserve Going Bankrupt  Re: Federal Reserve Is An EU Bank. 
>>Banking
>>Crash Hits Europe:  Fortis Bankrupt.  EU Banks HAVE More Debt Than US 
>>Banks
>>Date: Mon, 02 Nov 2009 19:03:01 +0300
>>Reply-To: no@thanks.com
>>Message-ID: 
>>References: 
>>
>>
>>
>>
>>
>>
>>
>>
>><Ny5Fk.176$8_3.19@flpi147.ffdc.sbc.com>
>>
>>
>>On Thu, 2 Oct 2008 08:16:38 -0700, "DB"  wrote:
>>
>>>
>>>"www.freedomtofascism.com"  wrote in
>>>
>>>>>THE USA MUST BAIL OUT THE FEDERAL RESERVE BECAUSE THE FEDERAL RESERVE 
>>>>>(AKA
>>>>>EU BANKS) ARE BANKRUPT!
>>>>>
>>>>><snarf>
>>>>>
>>>> The underpinning of the Federal Reserve was American 'wealth' -- which 
>>>> was
>>>> the artificial wealth of the housing mortgage debt.
>>>
>>>
>>>Did the photo copy machine run out of paper at the Federal Reserve???????
>>>LOL
>>>
>>>Maybe Staples and Office Depot could donate some toner and paper 
>>>supplies?
>>>;-)
>>>
>>
>>Heh.  The Federal Reserve printing presses have been going 24-7-365 for
>>several years now.  Given that, the Fed is STILL claiming to be out of
>>money.... so the Fed wants a bail out bill which will force the taxpayers 
>>to
>>give them money so The Fed can lend it back to the taxpayers and charge 
>>them
>>interest.  The problem is the American tax payers don't have any money to
>>give to the Fed!
>>
>>If this isn't a testament to the fact that fiat currency has no value, and
>>the Federal Reserve system is in shambles, then nothing is.
>>
>>Idiots.
>>
>>House Prices Continue to Decline as Talk of Credit Crisis Spins Out of
>>Control
>>October 1, 2008
>>
>>By Dean Baker
>>
>>"The root cause of the crisis is the deflating housing bubble, credit
>>problems are secondary."
>>
>>The Case-Shiller 20-city index fell by another 0.9 percent in July. It has
>>fallen at an 8.6 percent annual rate over the last three months and is 
>>down
>>by 16.3 percent from its year ago level. Nominal prices have now declined
>>19.5 percent from their peak two years ago, which implies a real decline 
>>of
>>approximately 27 percent. This means that the bubble is approximately 60
>>percent deflated. This corresponds to a loss of more than $5 trillion in
>>real housing wealth.
>>
>>The near hysterical discussion (count the times "Great Depression" appears
>>in news stories) of the bailout still largely fails to recognize the roots
>>of the economy's current problems in the collapse of the housing bubble.
>>Much of the discussion assumes that the problem is just bad subprime loans
>>and that house prices will bounce back once the credit markets are working
>>properly.
>>
>>Most of the loans that will go bad will not be subprime, since price
>>declines have hit all segments of the housing market. Furthermore, there 
>>is
>>no reason to think that house prices will rise from current levels, just 
>>as
>>there was no reason to think that the NASDAQ would return to 5000 after 
>>the
>>crash. The focus of serious policy should be to prevent overshooting on 
>>the
>>downside, where house prices fall below their trend levels.
>>
>>Prices are continuing to decline at an extraordinary rate in some of the
>>former bubble markets. House prices in Los Angeles fell by 1.6 percent 
>>last
>>month. Prices for homes in the bottom third fell by 3.2 percent. Since 
>>their
>>peak two years ago, house prices in LA have dropped by 29.7 percent, while
>>prices for the cheapest third of homes have fallen 40.1 percent. Even 
>>prices
>>in the top tier are down by 20.4 percent.
>>
>>In Las Vegas, prices fell by another 2.8 percent in July, with prices in 
>>the
>>bottom tier dropping 3.8 percent. In Washington, DC, prices fell by 1.1
>>percent, while prices in the bottom tier dropped 3.8 percent. In San
>>Francisco the overall decline was 1.8 percent, while prices in the bottom
>>tier fell 3.1 percent.
>>
>>Since the peak two years ago, nominal prices have fallen by 21.8 percent 
>>in
>>Washington, DC, 27.9 percent in San Francisco, and 34.2 percent in Las
>>Vegas. Prices in the bottom tier have fallen by 30.2 percent in 
>>Washington,
>>DC, 46.1 percent in San Francisco, and 36.5 percent in Las Vegas.
>>
>>Many analysts have attributed a tightening of credit in many of these
>>markets to a credit crunch. This is mistaken. While some banks are 
>>squeezed
>>because of bad mortgage loans, even a flush bank would impose tighter
>>lending standards in a market with declining house prices. It is 
>>reasonable
>>to expect that house prices will be 15 to 25 percent lower at the end of
>>2009 in many of these deflating markets.
>>
>>It would be foolish to issue a mortgage loan without a very substantial 
>>down
>>payment, since the expected decline in house prices will quickly destroy
>>much or all of the equity held by the homeowner. In other words, it is the
>>drop in house prices that is causing banks to demand 20 percent down
>>payments in many markets, not their lack of capital. This situation will
>>only be changed by a government house-price support program. Improving the
>>financial conditions of banks will make little difference.
>>
>>Virtually all of the key people in policy positions completely missed the
>>housing bubble as it inflated. As a result, they failed to take corrective
>>steps that would have prevented house prices from getting so far out of 
>>line
>>and also would have prevented the disastrous over-extension of credit. The
>>fact that they still seem to not recognize the nature of the housing 
>>bubble
>>is likely to further compound their mistakes. The economy is sinking into
>>recession primarily because of the loss of trillions of dollars of housing
>>bubble wealth; the credit situation is very much a secondary factor.
>>
>>
>>
>>--------------------------------------------------------------------------------
>>Dean Baker is Co-Director of the Center for Economic and Policy Research, 
>>in
>>Washington, D.C. CEPR's Housing Market Monitor is published weekly and
>>provides an incisive breakdown of the latest indicators and developments 
>>in
>>the housing sector.
>>
>>http://www.cepr.net/index.php/data-bytes/housing-market-monitor/house-prices-continue-to-decline-as-talk-of-credit-crisis-spins-out-of-control/
>>
>>With in seconds of the House bail out bill passing the stock markets 
>>dropped
>>almost 200 points.
>>
>>There's NO WAY the Fed and the stock market can hide 1.4 QUADRILLION in
>>worthless derivatives (based on bad debt) in a bail out bill which shifts
>>the bad debt back to the same people who couldn't pay the debt in the 
>>first
>>place -- the American taxpayers.
>>
>>What the bail out bill is attempting to do is shift the bad housing debt
>>BACK to the American people, this time underneath a different shell, ie 
>>the
>>US Treasury.
>>
>>The Federal Reserve (aka Europen banks) can't erase their bad debt scheme.
>>The stock market is destined to collapse.
>>
>>Given the Chinese are no longer loaning money to the Federal Reserve and 
>>the
>>Russians are in the process of backing the rouble with gold, there's no 
>>way
>>possible the Federal Reserve, devoid of real assets, can manage to remain
>>solvent by shifting debt around.  There's no where to shift the debt
>>anymore. Americans don't have any jobs to earn enough money to pay back 
>>the
>>debt.
>>
>>End game.  The US/EU are finished.  They have no assets to back up their
>>fiat currency.
>
>
> There is only one thing left the Rothschilds can do to create wealth for
> themselves, and that is to create forced slave labor camps in the 
> USA/Europe
> and sell those goods to the East.  The west is too dumbed down to
> sell anything of technological interest and also has no manufacturing
> expertise, so the west (and Europe) are destined to making worthless
> trinkets and hopefully create a world market place for junk.
>
>
>
>

"www.freedomtofascism.com"  wrote in message 
news:lg9ee4548p0kl2ekl1b6cqcgje4u883q1v@4ax.com...
> On Fri, 25 Dec 2009 12:06:01 +0300, www.freedomtofascism.com  
> wrote:
>
>>On Sun, 04 Oct 2009 10:56:12 +0400, www.freedomtofascism.com  
>>wrote:
>>
>>>Medvedev: US supremacy eternally over
>>>Thu, 02 Oct 2008 16:04:43 GMT
>>>
>>>
>>>Medvedev said the US no longer deserved to be 'mega-regulator'.
>>>The US is no longer in the ascendant in the global economy, says Russian
>>>President Dmitry Medvedev, urging the formation of a new system.
>>>
>>>"The time of domination by one economy and one currency has been 
>>>consigned
>>>to the past once and for all," said Medvedev to the visiting German
>>>Chancellor Angela Merkel in St Petersburg.
>>>
>>>Medvedev also urged cooperation aimed at creation of a new system which
>>>hinged on "multipolarity, supremacy of the law and taking account of 
>>>mutual
>>>interests," apparently dissociating his vision of an ideal economy from 
>>>what
>>>characterized the present economic situation in the US.
>>>
>>>Merkel, for her part, echoed the need for revitalization of the world
>>>economy.
>>>
>>>On Thursday, the US senators gave their approval to the revised version 
>>>of a
>>>700-billion-dollar bailout package which is meant to prevent the
>>>much-predicted collapse of the country's economy.
>>>
>>>The vote came on the hills of a congressional backlash to the proposal 
>>>which
>>>is going to be left to the House of Representatives' discretion on 
>>>Friday.
>>>
>>>
>>>Medvedev painted the glum picture for the visiting German chancellor.
>>>Sharply deteriorating housing market set off the US financial crisis 
>>>which
>>>has sent tremors through the EU zone not leaving Russia's RTS stock 
>>>market
>>>unharmed.
>>>
>>>The role of the 'mega-regulator' no longer suited Washington, Medvedev
>>>concluded.
>>>
>>>Medvedev's remarks reinforced those of the country's Prime Minister 
>>>Vladimir
>>>Putin who yesterday said "everything happening now in the economic and
>>>financial sphere began in the United States. This is a real crisis that 
>>>all
>>>of us are facing."
>>>
>>>The embattled US economy seems to have given ammunition to the Russian
>>>leaders who are already angry at what they see as Washington's 
>>>provocations
>>>aimed at raking up Cold-War-type grievances.
>>>
>>>http://www.presstv.ir/detail.aspx?id=71142§ionid=351020602
>>
>>Path:
>>Xl.tags.giganews.com!border1.nntp.dca.giganews.com!nntp.giganews.com!local02.nntp.dca.giganews.com!nntp.supernews.com!news.supernews.com.POSTED!not-for-mail
>>NNTP-Posting-Date: Thu, 02 Oct 2008 18:04:40 -0500
>>From: www.freedomtofascism.com  
>>Newsgroups:
>>alt.economics,alt.politics.economics,alt.alien.visitors,alt.military,alt.current-events.cia,alt.politics,uk.politics.misc
>>Subject: Bail Out Bill Exposes Fed Money Scam  Re: "Credit Crisis"  Is The
>>Federal Reserve Going Bankrupt  Re: Federal Reserve Is An EU Bank. 
>>Banking
>>Crash Hits Europe:  Fortis Bankrupt.  EU Banks HAVE More Debt Than US 
>>Banks
>>Date: Mon, 02 Nov 2009 19:03:01 +0300
>>Reply-To: no@thanks.com
>>Message-ID: 
>>References: 
>>
>>
>>
>>
>>
>>
>>
>>
>><Ny5Fk.176$8_3.19@flpi147.ffdc.sbc.com>
>>
>>
>>On Thu, 2 Oct 2008 08:16:38 -0700, "DB"  wrote:
>>
>>>
>>>"www.freedomtofascism.com"  wrote in
>>>
>>>>>THE USA MUST BAIL OUT THE FEDERAL RESERVE BECAUSE THE FEDERAL RESERVE 
>>>>>(AKA
>>>>>EU BANKS) ARE BANKRUPT!
>>>>>
>>>>><snarf>
>>>>>
>>>> The underpinning of the Federal Reserve was American 'wealth' -- which 
>>>> was
>>>> the artificial wealth of the housing mortgage debt.
>>>
>>>
>>>Did the photo copy machine run out of paper at the Federal Reserve???????
>>>LOL
>>>
>>>Maybe Staples and Office Depot could donate some toner and paper 
>>>supplies?
>>>;-)
>>>
>>
>>Heh.  The Federal Reserve printing presses have been going 24-7-365 for
>>several years now.  Given that, the Fed is STILL claiming to be out of
>>money.... so the Fed wants a bail out bill which will force the taxpayers 
>>to
>>give them money so The Fed can lend it back to the taxpayers and charge 
>>them
>>interest.  The problem is the American tax payers don't have any money to
>>give to the Fed!
>>
>>If this isn't a testament to the fact that fiat currency has no value, and
>>the Federal Reserve system is in shambles, then nothing is.
>>
>>Idiots.
>>
>>House Prices Continue to Decline as Talk of Credit Crisis Spins Out of
>>Control
>>October 1, 2008
>>
>>By Dean Baker
>>
>>"The root cause of the crisis is the deflating housing bubble, credit
>>problems are secondary."
>>
>>The Case-Shiller 20-city index fell by another 0.9 percent in July. It has
>>fallen at an 8.6 percent annual rate over the last three months and is 
>>down
>>by 16.3 percent from its year ago level. Nominal prices have now declined
>>19.5 percent from their peak two years ago, which implies a real decline 
>>of
>>approximately 27 percent. This means that the bubble is approximately 60
>>percent deflated. This corresponds to a loss of more than $5 trillion in
>>real housing wealth.
>>
>>The near hysterical discussion (count the times "Great Depression" appears
>>in news stories) of the bailout still largely fails to recognize the roots
>>of the economy's current problems in the collapse of the housing bubble.
>>Much of the discussion assumes that the problem is just bad subprime loans
>>and that house prices will bounce back once the credit markets are working
>>properly.
>>
>>Most of the loans that will go bad will not be subprime, since price
>>declines have hit all segments of the housing market. Furthermore, there 
>>is
>>no reason to think that house prices will rise from current levels, just 
>>as
>>there was no reason to think that the NASDAQ would return to 5000 after 
>>the
>>crash. The focus of serious policy should be to prevent overshooting on 
>>the
>>downside, where house prices fall below their trend levels.
>>
>>Prices are continuing to decline at an extraordinary rate in some of the
>>former bubble markets. House prices in Los Angeles fell by 1.6 percent 
>>last
>>month. Prices for homes in the bottom third fell by 3.2 percent. Since 
>>their
>>peak two years ago, house prices in LA have dropped by 29.7 percent, while
>>prices for the cheapest third of homes have fallen 40.1 percent. Even 
>>prices
>>in the top tier are down by 20.4 percent.
>>
>>In Las Vegas, prices fell by another 2.8 percent in July, with prices in 
>>the
>>bottom tier dropping 3.8 percent. In Washington, DC, prices fell by 1.1
>>percent, while prices in the bottom tier dropped 3.8 percent. In San
>>Francisco the overall decline was 1.8 percent, while prices in the bottom
>>tier fell 3.1 percent.
>>
>>Since the peak two years ago, nominal prices have fallen by 21.8 percent 
>>in
>>Washington, DC, 27.9 percent in San Francisco, and 34.2 percent in Las
>>Vegas. Prices in the bottom tier have fallen by 30.2 percent in 
>>Washington,
>>DC, 46.1 percent in San Francisco, and 36.5 percent in Las Vegas.
>>
>>Many analysts have attributed a tightening of credit in many of these
>>markets to a credit crunch. This is mistaken. While some banks are 
>>squeezed
>>because of bad mortgage loans, even a flush bank would impose tighter
>>lending standards in a market with declining house prices. It is 
>>reasonable
>>to expect that house prices will be 15 to 25 percent lower at the end of
>>2009 in many of these deflating markets.
>>
>>It would be foolish to issue a mortgage loan without a very substantial 
>>down
>>payment, since the expected decline in house prices will quickly destroy
>>much or all of the equity held by the homeowner. In other words, it is the
>>drop in house prices that is causing banks to demand 20 percent down
>>payments in many markets, not their lack of capital. This situation will
>>only be changed by a government house-price support program. Improving the
>>financial conditions of banks will make little difference.
>>
>>Virtually all of the key people in policy positions completely missed the
>>housing bubble as it inflated. As a result, they failed to take corrective
>>steps that would have prevented house prices from getting so far out of 
>>line
>>and also would have prevented the disastrous over-extension of credit. The
>>fact that they still seem to not recognize the nature of the housing 
>>bubble
>>is likely to further compound their mistakes. The economy is sinking into
>>recession primarily because of the loss of trillions of dollars of housing
>>bubble wealth; the credit situation is very much a secondary factor.
>>
>>
>>
>>--------------------------------------------------------------------------------
>>Dean Baker is Co-Director of the Center for Economic and Policy Research, 
>>in
>>Washington, D.C. CEPR's Housing Market Monitor is published weekly and
>>provides an incisive breakdown of the latest indicators and developments 
>>in
>>the housing sector.
>>
>>http://www.cepr.net/index.php/data-bytes/housing-market-monitor/house-prices-continue-to-decline-as-talk-of-credit-crisis-spins-out-of-control/
>>
>>With in seconds of the House bail out bill passing the stock markets 
>>dropped
>>almost 200 points.
>>
>>There's NO WAY the Fed and the stock market can hide 1.4 QUADRILLION in
>>worthless derivatives (based on bad debt) in a bail out bill which shifts
>>the bad debt back to the same people who couldn't pay the debt in the 
>>first
>>place -- the American taxpayers.
>>
>>What the bail out bill is attempting to do is shift the bad housing debt
>>BACK to the American people, this time underneath a different shell, ie 
>>the
>>US Treasury.
>>
>>The Federal Reserve (aka Europen banks) can't erase their bad debt scheme.
>>The stock market is destined to collapse.
>>
>>Given the Chinese are no longer loaning money to the Federal Reserve and 
>>the
>>Russians are in the process of backing the rouble with gold, there's no 
>>way
>>possible the Federal Reserve, devoid of real assets, can manage to remain
>>solvent by shifting debt around.  There's no where to shift the debt
>>anymore. Americans don't have any jobs to earn enough money to pay back 
>>the
>>debt.
>>
>>End game.  The US/EU are finished.  They have no assets to back up their
>>fiat currency.
>
>
> There is only one thing left the Rothschilds can do to create wealth for
> themselves, and that is to create forced slave labor camps in the 
> USA/Europe
> and sell those goods to the East.  The west is too dumbed down to
> sell anything of technological interest and also has no manufacturing
> expertise, so the west (and Europe) are destined to making worthless
> trinkets and hopefully create a world market place for junk.
>
>
>
>

"www.freedomtofascism.com"  wrote in message 
news:lg9ee4548p0kl2ekl1b6cqcgje4u883q1v@4ax.com...
> On Fri, 25 Dec 2009 12:06:01 +0300, www.freedomtofascism.com  
> wrote:
>
>>On Sun, 04 Oct 2009 10:56:12 +0400, www.freedomtofascism.com  
>>wrote:
>>
>>>Medvedev: US supremacy eternally over
>>>Thu, 02 Oct 2008 16:04:43 GMT
>>>
>>>
>>>Medvedev said the US no longer deserved to be 'mega-regulator'.
>>>The US is no longer in the ascendant in the global economy, says Russian
>>>President Dmitry Medvedev, urging the formation of a new system.
>>>
>>>"The time of domination by one economy and one currency has been 
>>>consigned
>>>to the past once and for all," said Medvedev to the visiting German
>>>Chancellor Angela Merkel in St Petersburg.
>>>
>>>Medvedev also urged cooperation aimed at creation of a new system which
>>>hinged on "multipolarity, supremacy of the law and taking account of 
>>>mutual
>>>interests," apparently dissociating his vision of an ideal economy from 
>>>what
>>>characterized the present economic situation in the US.
>>>
>>>Merkel, for her part, echoed the need for revitalization of the world
>>>economy.
>>>
>>>On Thursday, the US senators gave their approval to the revised version 
>>>of a
>>>700-billion-dollar bailout package which is meant to prevent the
>>>much-predicted collapse of the country's economy.
>>>
>>>The vote came on the hills of a congressional backlash to the proposal 
>>>which
>>>is going to be left to the House of Representatives' discretion on 
>>>Friday.
>>>
>>>
>>>Medvedev painted the glum picture for the visiting German chancellor.
>>>Sharply deteriorating housing market set off the US financial crisis 
>>>which
>>>has sent tremors through the EU zone not leaving Russia's RTS stock 
>>>market
>>>unharmed.
>>>
>>>The role of the 'mega-regulator' no longer suited Washington, Medvedev
>>>concluded.
>>>
>>>Medvedev's remarks reinforced those of the country's Prime Minister 
>>>Vladimir
>>>Putin who yesterday said "everything happening now in the economic and
>>>financial sphere began in the United States. This is a real crisis that 
>>>all
>>>of us are facing."
>>>
>>>The embattled US economy seems to have given ammunition to the Russian
>>>leaders who are already angry at what they see as Washington's 
>>>provocations
>>>aimed at raking up Cold-War-type grievances.
>>>
>>>http://www.presstv.ir/detail.aspx?id=71142§ionid=351020602
>>
>>Path:
>>Xl.tags.giganews.com!border1.nntp.dca.giganews.com!nntp.giganews.com!local02.nntp.dca.giganews.com!nntp.supernews.com!news.supernews.com.POSTED!not-for-mail
>>NNTP-Posting-Date: Thu, 02 Oct 2008 18:04:40 -0500
>>From: www.freedomtofascism.com  
>>Newsgroups:
>>alt.economics,alt.politics.economics,alt.alien.visitors,alt.military,alt.current-events.cia,alt.politics,uk.politics.misc
>>Subject: Bail Out Bill Exposes Fed Money Scam  Re: "Credit Crisis"  Is The
>>Federal Reserve Going Bankrupt  Re: Federal Reserve Is An EU Bank. 
>>Banking
>>Crash Hits Europe:  Fortis Bankrupt.  EU Banks HAVE More Debt Than US 
>>Banks
>>Date: Mon, 02 Nov 2009 19:03:01 +0300
>>Reply-To: no@thanks.com
>>Message-ID: 
>>References: 
>>
>>
>>
>>
>>
>>
>>
>>
>><Ny5Fk.176$8_3.19@flpi147.ffdc.sbc.com>
>>
>>
>>On Thu, 2 Oct 2008 08:16:38 -0700, "DB"  wrote:
>>
>>>
>>>"www.freedomtofascism.com"  wrote in
>>>
>>>>>THE USA MUST BAIL OUT THE FEDERAL RESERVE BECAUSE THE FEDERAL RESERVE 
>>>>>(AKA
>>>>>EU BANKS) ARE BANKRUPT!
>>>>>
>>>>><snarf>
>>>>>
>>>> The underpinning of the Federal Reserve was American 'wealth' -- which 
>>>> was
>>>> the artificial wealth of the housing mortgage debt.
>>>
>>>
>>>Did the photo copy machine run out of paper at the Federal Reserve???????
>>>LOL
>>>
>>>Maybe Staples and Office Depot could donate some toner and paper 
>>>supplies?
>>>;-)
>>>
>>
>>Heh.  The Federal Reserve printing presses have been going 24-7-365 for
>>several years now.  Given that, the Fed is STILL claiming to be out of
>>money.... so the Fed wants a bail out bill which will force the taxpayers 
>>to
>>give them money so The Fed can lend it back to the taxpayers and charge 
>>them
>>interest.  The problem is the American tax payers don't have any money to
>>give to the Fed!
>>
>>If this isn't a testament to the fact that fiat currency has no value, and
>>the Federal Reserve system is in shambles, then nothing is.
>>
>>Idiots.
>>
>>House Prices Continue to Decline as Talk of Credit Crisis Spins Out of
>>Control
>>October 1, 2008
>>
>>By Dean Baker
>>
>>"The root cause of the crisis is the deflating housing bubble, credit
>>problems are secondary."
>>
>>The Case-Shiller 20-city index fell by another 0.9 percent in July. It has
>>fallen at an 8.6 percent annual rate over the last three months and is 
>>down
>>by 16.3 percent from its year ago level. Nominal prices have now declined
>>19.5 percent from their peak two years ago, which implies a real decline 
>>of
>>approximately 27 percent. This means that the bubble is approximately 60
>>percent deflated. This corresponds to a loss of more than $5 trillion in
>>real housing wealth.
>>
>>The near hysterical discussion (count the times "Great Depression" appears
>>in news stories) of the bailout still largely fails to recognize the roots
>>of the economy's current problems in the collapse of the housing bubble.
>>Much of the discussion assumes that the problem is just bad subprime loans
>>and that house prices will bounce back once the credit markets are working
>>properly.
>>
>>Most of the loans that will go bad will not be subprime, since price
>>declines have hit all segments of the housing market. Furthermore, there 
>>is
>>no reason to think that house prices will rise from current levels, just 
>>as
>>there was no reason to think that the NASDAQ would return to 5000 after 
>>the
>>crash. The focus of serious policy should be to prevent overshooting on 
>>the
>>downside, where house prices fall below their trend levels.
>>
>>Prices are continuing to decline at an extraordinary rate in some of the
>>former bubble markets. House prices in Los Angeles fell by 1.6 percent 
>>last
>>month. Prices for homes in the bottom third fell by 3.2 percent. Since 
>>their
>>peak two years ago, house prices in LA have dropped by 29.7 percent, while
>>prices for the cheapest third of homes have fallen 40.1 percent. Even 
>>prices
>>in the top tier are down by 20.4 percent.
>>
>>In Las Vegas, prices fell by another 2.8 percent in July, with prices in 
>>the
>>bottom tier dropping 3.8 percent. In Washington, DC, prices fell by 1.1
>>percent, while prices in the bottom tier dropped 3.8 percent. In San
>>Francisco the overall decline was 1.8 percent, while prices in the bottom
>>tier fell 3.1 percent.
>>
>>Since the peak two years ago, nominal prices have fallen by 21.8 percent 
>>in
>>Washington, DC, 27.9 percent in San Francisco, and 34.2 percent in Las
>>Vegas. Prices in the bottom tier have fallen by 30.2 percent in 
>>Washington,
>>DC, 46.1 percent in San Francisco, and 36.5 percent in Las Vegas.
>>
>>Many analysts have attributed a tightening of credit in many of these
>>markets to a credit crunch. This is mistaken. While some banks are 
>>squeezed
>>because of bad mortgage loans, even a flush bank would impose tighter
>>lending standards in a market with declining house prices. It is 
>>reasonable
>>to expect that house prices will be 15 to 25 percent lower at the end of
>>2009 in many of these deflating markets.
>>
>>It would be foolish to issue a mortgage loan without a very substantial 
>>down
>>payment, since the expected decline in house prices will quickly destroy
>>much or all of the equity held by the homeowner. In other words, it is the
>>drop in house prices that is causing banks to demand 20 percent down
>>payments in many markets, not their lack of capital. This situation will
>>only be changed by a government house-price support program. Improving the
>>financial conditions of banks will make little difference.
>>
>>Virtually all of the key people in policy positions completely missed the
>>housing bubble as it inflated. As a result, they failed to take corrective
>>steps that would have prevented house prices from getting so far out of 
>>line
>>and also would have prevented the disastrous over-extension of credit. The
>>fact that they still seem to not recognize the nature of the housing 
>>bubble
>>is likely to further compound their mistakes. The economy is sinking into
>>recession primarily because of the loss of trillions of dollars of housing
>>bubble wealth; the credit situation is very much a secondary factor.
>>
>>
>>
>>--------------------------------------------------------------------------------
>>Dean Baker is Co-Director of the Center for Economic and Policy Research, 
>>in
>>Washington, D.C. CEPR's Housing Market Monitor is published weekly and
>>provides an incisive breakdown of the latest indicators and developments 
>>in
>>the housing sector.
>>
>>http://www.cepr.net/index.php/data-bytes/housing-market-monitor/house-prices-continue-to-decline-as-talk-of-credit-crisis-spins-out-of-control/
>>
>>With in seconds of the House bail out bill passing the stock markets 
>>dropped
>>almost 200 points.
>>
>>There's NO WAY the Fed and the stock market can hide 1.4 QUADRILLION in
>>worthless derivatives (based on bad debt) in a bail out bill which shifts
>>the bad debt back to the same people who couldn't pay the debt in the 
>>first
>>place -- the American taxpayers.
>>
>>What the bail out bill is attempting to do is shift the bad housing debt
>>BACK to the American people, this time underneath a different shell, ie 
>>the
>>US Treasury.
>>
>>The Federal Reserve (aka Europen banks) can't erase their bad debt scheme.
>>The stock market is destined to collapse.
>>
>>Given the Chinese are no longer loaning money to the Federal Reserve and 
>>the
>>Russians are in the process of backing the rouble with gold, there's no 
>>way
>>possible the Federal Reserve, devoid of real assets, can manage to remain
>>solvent by shifting debt around.  There's no where to shift the debt
>>anymore. Americans don't have any jobs to earn enough money to pay back 
>>the
>>debt.
>>
>>End game.  The US/EU are finished.  They have no assets to back up their
>>fiat currency.
>
>
> There is only one thing left the Rothschilds can do to create wealth for
> themselves, and that is to create forced slave labor camps in the 
> USA/Europe
> and sell those goods to the East.  The west is too dumbed down to
> sell anything of technological interest and also has no manufacturing
> expertise, so the west (and Europe) are destined to making worthless
> trinkets and hopefully create a world market place for junk.
>
>
>
>

"www.freedomtofascism.com"  wrote in message 
news:lg9ee4548p0kl2ekl1b6cqcgje4u883q1v@4ax.com...
> On Fri, 25 Dec 2009 12:06:01 +0300, www.freedomtofascism.com  
> wrote:
>
>>On Sun, 04 Oct 2009 10:56:12 +0400, www.freedomtofascism.com  
>>wrote:
>>
>>>Medvedev: US supremacy eternally over
>>>Thu, 02 Oct 2008 16:04:43 GMT
>>>
>>>
>>>Medvedev said the US no longer deserved to be 'mega-regulator'.
>>>The US is no longer in the ascendant in the global economy, says Russian
>>>President Dmitry Medvedev, urging the formation of a new system.
>>>
>>>"The time of domination by one economy and one currency has been 
>>>consigned
>>>to the past once and for all," said Medvedev to the visiting German
>>>Chancellor Angela Merkel in St Petersburg.
>>>
>>>Medvedev also urged cooperation aimed at creation of a new system which
>>>hinged on "multipolarity, supremacy of the law and taking account of 
>>>mutual
>>>interests," apparently dissociating his vision of an ideal economy from 
>>>what
>>>characterized the present economic situation in the US.
>>>
>>>Merkel, for her part, echoed the need for revitalization of the world
>>>economy.
>>>
>>>On Thursday, the US senators gave their approval to the revised version 
>>>of a
>>>700-billion-dollar bailout package which is meant to prevent the
>>>much-predicted collapse of the country's economy.
>>>
>>>The vote came on the hills of a congressional backlash to the proposal 
>>>which
>>>is going to be left to the House of Representatives' discretion on 
>>>Friday.
>>>
>>>
>>>Medvedev painted the glum picture for the visiting German chancellor.
>>>Sharply deteriorating housing market set off the US financial crisis 
>>>which
>>>has sent tremors through the EU zone not leaving Russia's RTS stock 
>>>market
>>>unharmed.
>>>
>>>The role of the 'mega-regulator' no longer suited Washington, Medvedev
>>>concluded.
>>>
>>>Medvedev's remarks reinforced those of the country's Prime Minister 
>>>Vladimir
>>>Putin who yesterday said "everything happening now in the economic and
>>>financial sphere began in the United States. This is a real crisis that 
>>>all
>>>of us are facing."
>>>
>>>The embattled US economy seems to have given ammunition to the Russian
>>>leaders who are already angry at what they see as Washington's 
>>>provocations
>>>aimed at raking up Cold-War-type grievances.
>>>
>>>http://www.presstv.ir/detail.aspx?id=71142§ionid=351020602
>>
>>Path:
>>Xl.tags.giganews.com!border1.nntp.dca.giganews.com!nntp.giganews.com!local02.nntp.dca.giganews.com!nntp.supernews.com!news.supernews.com.POSTED!not-for-mail
>>NNTP-Posting-Date: Thu, 02 Oct 2008 18:04:40 -0500
>>From: www.freedomtofascism.com  
>>Newsgroups:
>>alt.economics,alt.politics.economics,alt.alien.visitors,alt.military,alt.current-events.cia,alt.politics,uk.politics.misc
>>Subject: Bail Out Bill Exposes Fed Money Scam  Re: "Credit Crisis"  Is The
>>Federal Reserve Going Bankrupt  Re: Federal Reserve Is An EU Bank. 
>>Banking
>>Crash Hits Europe:  Fortis Bankrupt.  EU Banks HAVE More Debt Than US 
>>Banks
>>Date: Mon, 02 Nov 2009 19:03:01 +0300
>>Reply-To: no@thanks.com
>>Message-ID: 
>>References: 
>>
>>
>>
>>
>>
>>
>>
>>
>><Ny5Fk.176$8_3.19@flpi147.ffdc.sbc.com>
>>
>>
>>On Thu, 2 Oct 2008 08:16:38 -0700, "DB"  wrote:
>>
>>>
>>>"www.freedomtofascism.com"  wrote in
>>>
>>>>>THE USA MUST BAIL OUT THE FEDERAL RESERVE BECAUSE THE FEDERAL RESERVE 
>>>>>(AKA
>>>>>EU BANKS) ARE BANKRUPT!
>>>>>
>>>>><snarf>
>>>>>
>>>> The underpinning of the Federal Reserve was American 'wealth' -- which 
>>>> was
>>>> the artificial wealth of the housing mortgage debt.
>>>
>>>
>>>Did the photo copy machine run out of paper at the Federal Reserve???????
>>>LOL
>>>
>>>Maybe Staples and Office Depot could donate some toner and paper 
>>>supplies?
>>>;-)
>>>
>>
>>Heh.  The Federal Reserve printing presses have been going 24-7-365 for
>>several years now.  Given that, the Fed is STILL claiming to be out of
>>money.... so the Fed wants a bail out bill which will force the taxpayers 
>>to
>>give them money so The Fed can lend it back to the taxpayers and charge 
>>them
>>interest.  The problem is the American tax payers don't have any money to
>>give to the Fed!
>>
>>If this isn't a testament to the fact that fiat currency has no value, and
>>the Federal Reserve system is in shambles, then nothing is.
>>
>>Idiots.
>>
>>House Prices Continue to Decline as Talk of Credit Crisis Spins Out of
>>Control
>>October 1, 2008
>>
>>By Dean Baker
>>
>>"The root cause of the crisis is the deflating housing bubble, credit
>>problems are secondary."
>>
>>The Case-Shiller 20-city index fell by another 0.9 percent in July. It has
>>fallen at an 8.6 percent annual rate over the last three months and is 
>>down
>>by 16.3 percent from its year ago level. Nominal prices have now declined
>>19.5 percent from their peak two years ago, which implies a real decline 
>>of
>>approximately 27 percent. This means that the bubble is approximately 60
>>percent deflated. This corresponds to a loss of more than $5 trillion in
>>real housing wealth.
>>
>>The near hysterical discussion (count the times "Great Depression" appears
>>in news stories) of the bailout still largely fails to recognize the roots
>>of the economy's current problems in the collapse of the housing bubble.
>>Much of the discussion assumes that the problem is just bad subprime loans
>>and that house prices will bounce back once the credit markets are working
>>properly.
>>
>>Most of the loans that will go bad will not be subprime, since price
>>declines have hit all segments of the housing market. Furthermore, there 
>>is
>>no reason to think that house prices will rise from current levels, just 
>>as
>>there was no reason to think that the NASDAQ would return to 5000 after 
>>the
>>crash. The focus of serious policy should be to prevent overshooting on 
>>the
>>downside, where house prices fall below their trend levels.
>>
>>Prices are continuing to decline at an extraordinary rate in some of the
>>former bubble markets. House prices in Los Angeles fell by 1.6 percent 
>>last
>>month. Prices for homes in the bottom third fell by 3.2 percent. Since 
>>their
>>peak two years ago, house prices in LA have dropped by 29.7 percent, while
>>prices for the cheapest third of homes have fallen 40.1 percent. Even 
>>prices
>>in the top tier are down by 20.4 percent.
>>
>>In Las Vegas, prices fell by another 2.8 percent in July, with prices in 
>>the
>>bottom tier dropping 3.8 percent. In Washington, DC, prices fell by 1.1
>>percent, while prices in the bottom tier dropped 3.8 percent. In San
>>Francisco the overall decline was 1.8 percent, while prices in the bottom
>>tier fell 3.1 percent.
>>
>>Since the peak two years ago, nominal prices have fallen by 21.8 percent 
>>in
>>Washington, DC, 27.9 percent in San Francisco, and 34.2 percent in Las
>>Vegas. Prices in the bottom tier have fallen by 30.2 percent in 
>>Washington,
>>DC, 46.1 percent in San Francisco, and 36.5 percent in Las Vegas.
>>
>>Many analysts have attributed a tightening of credit in many of these
>>markets to a credit crunch. This is mistaken. While some banks are 
>>squeezed
>>because of bad mortgage loans, even a flush bank would impose tighter
>>lending standards in a market with declining house prices. It is 
>>reasonable
>>to expect that house prices will be 15 to 25 percent lower at the end of
>>2009 in many of these deflating markets.
>>
>>It would be foolish to issue a mortgage loan without a very substantial 
>>down
>>payment, since the expected decline in house prices will quickly destroy
>>much or all of the equity held by the homeowner. In other words, it is the
>>drop in house prices that is causing banks to demand 20 percent down
>>payments in many markets, not their lack of capital. This situation will
>>only be changed by a government house-price support program. Improving the
>>financial conditions of banks will make little difference.
>>
>>Virtually all of the key people in policy positions completely missed the
>>housing bubble as it inflated. As a result, they failed to take corrective
>>steps that would have prevented house prices from getting so far out of 
>>line
>>and also would have prevented the disastrous over-extension of credit. The
>>fact that they still seem to not recognize the nature of the housing 
>>bubble
>>is likely to further compound their mistakes. The economy is sinking into
>>recession primarily because of the loss of trillions of dollars of housing
>>bubble wealth; the credit situation is very much a secondary factor.
>>
>>
>>
>>--------------------------------------------------------------------------------
>>Dean Baker is Co-Director of the Center for Economic and Policy Research, 
>>in
>>Washington, D.C. CEPR's Housing Market Monitor is published weekly and
>>provides an incisive breakdown of the latest indicators and developments 
>>in
>>the housing sector.
>>
>>http://www.cepr.net/index.php/data-bytes/housing-market-monitor/house-prices-continue-to-decline-as-talk-of-credit-crisis-spins-out-of-control/
>>
>>With in seconds of the House bail out bill passing the stock markets 
>>dropped
>>almost 200 points.
>>
>>There's NO WAY the Fed and the stock market can hide 1.4 QUADRILLION in
>>worthless derivatives (based on bad debt) in a bail out bill which shifts
>>the bad debt back to the same people who couldn't pay the debt in the 
>>first
>>place -- the American taxpayers.
>>
>>What the bail out bill is attempting to do is shift the bad housing debt
>>BACK to the American people, this time underneath a different shell, ie 
>>the
>>US Treasury.
>>
>>The Federal Reserve (aka Europen banks) can't erase their bad debt scheme.
>>The stock market is destined to collapse.
>>
>>Given the Chinese are no longer loaning money to the Federal Reserve and 
>>the
>>Russians are in the process of backing the rouble with gold, there's no 
>>way
>>possible the Federal Reserve, devoid of real assets, can manage to remain
>>solvent by shifting debt around.  There's no where to shift the debt
>>anymore. Americans don't have any jobs to earn enough money to pay back 
>>the
>>debt.
>>
>>End game.  The US/EU are finished.  They have no assets to back up their
>>fiat currency.
>
>
> There is only one thing left the Rothschilds can do to create wealth for
> themselves, and that is to create forced slave labor camps in the 
> USA/Europe
> and sell those goods to the East.  The west is too dumbed down to
> sell anything of technological interest and also has no manufacturing
> expertise, so the west (and Europe) are destined to making worthless
> trinkets and hopefully create a world market place for junk.
>
>
>
>

"www.freedomtofascism.com"  wrote in message 
news:lg9ee4548p0kl2ekl1b6cqcgje4u883q1v@4ax.com...
> On Fri, 25 Dec 2009 12:06:01 +0300, www.freedomtofascism.com  
> wrote:
>
>>On Sun, 04 Oct 2009 10:56:12 +0400, www.freedomtofascism.com  
>>wrote:
>>
>>>Medvedev: US supremacy eternally over
>>>Thu, 02 Oct 2008 16:04:43 GMT
>>>
>>>
>>>Medvedev said the US no longer deserved to be 'mega-regulator'.
>>>The US is no longer in the ascendant in the global economy, says Russian
>>>President Dmitry Medvedev, urging the formation of a new system.
>>>
>>>"The time of domination by one economy and one currency has been 
>>>consigned
>>>to the past once and for all," said Medvedev to the visiting German
>>>Chancellor Angela Merkel in St Petersburg.
>>>
>>>Medvedev also urged cooperation aimed at creation of a new system which
>>>hinged on "multipolarity, supremacy of the law and taking