BF2S Forums Hot Money, Quiet War

I <3 you ATG, but can you explain it a little more simply for us?  I don't completely follow.

Well, cheap and abundant money is provided to start up banks on a high interest payback.


These banks have massive amounts of pooled investors funds that have been turned into assets that banks sell and trade in.


Its the what that brought down the mortgage industry. Phony divisions of average persons assets used by greedy investors to bankrupt small banks ( all backed in America by the F.D.I.C. ).


In a nutshell; the more banks that fail, the more money and clout the F.D.I.C. gets, the more power the government has and the more money that is lost by average smuck investors.


We are still being gamed. I refer to it as a quiet war, because so far, no shots have been fired, but people are dying and lives are being ruined. There have been suicides and murders of whole families because of financial stress.

This isn't the case of people spending money they could not afford to pay back so much as it was a rigged game and a rug being pulled out from underneath us all.

It is fraud. It is financial terrorism, brought to you by the politicians and bankers of the united states of america.

So people either pull their heads out of their asses and finally realize the decades worth of corn hole raping the current gov't (disguised as dems & repubs) has pleasured us with, or we just keep sitting on the sidelines and taking it.. There are only 2 choices left (in my paranoid opinion). Yes, we will live on, but at what cost? To everyone making fun of my tinfoil hat, where the fuck else would you draw the line! Id put that line right on your fucking forehead.

The Chinese are winning a much bigger quiet war.

So much easier to have us just close our factories than for them to have to go to the trouble of bombing them.

oug wrote:

ATG wrote:

It is fraud. It is financial terrorism, brought to you by the politicians and bankers of the united states of america.

Exactly that. And whoever thought that Obama was some sort of Messiah - pure and uninvolved in all this - is deeply flawed. If he were, he would never be allowed to become President in the first place. He'd never be funded properly. Mind you, clearly it's not just the US - everywhere is the same.

Totally agree. When are people going to understand that its the bankers that run this world and dictate events.

usmarine wrote:

JahManRed wrote:

oug wrote:

Exactly that. And whoever thought that Obama was some sort of Messiah - pure and uninvolved in all this - is deeply flawed. If he were, he would never be allowed to become President in the first place. He'd never be funded properly. Mind you, clearly it's not just the US - everywhere is the same.

Totally agree. When are people going to understand that its the bankers that run this world and dictate events.

i dont agree.  people run the world.  people can choose their banks.  people chosse big banks over their local ones....the peoples fault.  people choose to work for these big banks....the peoples fault.

That's not true at all. Maybe you chose a local bank, ok, then the bank gets bought out by a bigger bank. What do you do then?

That's the way things are going. Perfectly normal global trend. In Europe we don't really have any local banks left. They either succeed and become big banks or are bought out by other banks. The goal of all banks is to be as big as possible.

People need jobs. If it's a choice between working for a big bank and being unemployed and destitute, that's not really much of a choice.

usmarine wrote:

k

i have seen the same credit unions around since i was a kid.

a lot of credit unions traditionally have not been open to all, i realize this is changing a lot now.

Last edited by jsnipy (2009-07-04 03:34:32)

usmarine wrote:

k

i have seen the same credit unions around since i was a kid.

Which aren't banks.

I know they mostly perform the same functions, but they're not banks.

usmarine wrote:

Bertster7 wrote:

usmarine wrote:

k

i have seen the same credit unions around since i was a kid.

Which aren't banks.

I know they mostly perform the same functions, but they're not banks.

exactly the same functions.  but, i have seen many many local small banks all over the place.  and if my bank gets bought, i find another local cu or bank.  dont split hairs.  people are lazy.  thats the problem.

People want a bank that's near to them. I don't have a local bank anywhere near me and I live in a major city. Yet I have dozens of branches of big banks within easy walking distance of my house.

Yes, people are lazy. But justifiably so. Most people don't have the time to be treking all over town to get to their bank and they want accessibility, they want to be able to pay in cheques at a branch near to where they happen to be, not have to wait until they are near their local (or not so local, as the case may be) branch again.

usmarine wrote:

i understand that.  but, its the people who put these "nasty evil bankers" in business.  pointing the finger at the wrong people if you ask me.

I see what you're saying, and agree to a point. But it's not practical for most people to use small banks, because, here at least, you really have to go out of your way to find one.

I've changed who I bank with several times over the past decade. Finally settled on a bank I quite like (despite the fact it's pretty much the biggest of the big) - which is something most people seem reluctant to do. A lot of people complain about their banks, but they never seem to change their bank - which seems weird to me - it's a high competition market, if they don't treat you well, take your money elsewhere.

well oug, i have been banking for 16 years or so and never needed a big bank.  i have lived all over the US.  if i dont have a problem finding a local bank or CU, then nobody else should.

oug wrote:

I guess it all comes down to our basic disagreement - that unlike you I believe there's only so much you can do as a single person. Going up against the banking system requires massive support.

It take each individual taking the right stand.  If you act as though you have no power and go along with the rest, nothing is changed.  I f you make you decision on what is right and take a stand, things may change.  You have a choice, keep grazing with your head buried in the grass with all the other sheeple, or take a stand for what is right.  Your choice.