Marlo Stanfield wrote:
Diesel_dyk wrote:
no, this push for the vat is going to come from the wall street elite who want a perpetual bailout for their crooked schemes.
I'm convinced you have absolutely no idea what the hell you are talking about 95% of the time so you write out long paragraphs to disguise this fact. The one line is of the same conspiracy theorist crap logic that the government did 9/11 to get Iraqi oil.
FFS
What good is having a brain if you are not going to use to try and predict what is about to occur... anyone can sit around and talk and analyse things that have already happened.
Look at this post 2 years 4 months ago, so that's January 2008,
http://forums.bf2s.com/viewtopic.php?id=85963&p=3 read that and tell me I don't know what I'm talking about.
So I'll keep writing about this shit and may be people will be able to see the build up to this crash before it happens and maybe it could save them from some loses.... at least no one around here will be able to say "/facepalm didn't see that one coming, that was unpredictable"
But since you think its just crap I take you through the baby steps. And while what I write may sound like a conspiracy, greed isnever a conspiracy, its a motive, and its actaully a logical conclusion
I could see the 2008 downfall about a year before it happened. Anyone capable of rational thought could see it coming. Everyone could see that the regulatory reigns came off after 9/11 to save us ffrom recession.... its kind of funny to think of the Iraq war was not the war of soldier charging on the battle field but was the war that was fought by women at the mall charging their credit cars to hilt with money they took from their equity in their homes. It's been a daisy chain of bubbles that has turned into a awfully painful set of anal beads for the taxpayers. The only thing I didn't think about was that certain large financial institutions would position themselves in expectation of the crash so that they could reap huge profits, its obvious now that paulson co. saw it coming and made billions and so did Goldman.... these companies didn't make the bubbles, excessive retirement money in the market did that, and loose federal reserve money did that too... and low margin rates multiplied the excess liquidity. Just imagine how much worse it would have been in W. got his way and all the Social security money would have started to flood into the market too.
So what have we learned. we now know know how a bubble can be used to make excessive profits by prepositioning before the crisis, it can be used to get blood from the taxpayer to pay financial institutions 100 cents on the dollar for bad bets, and a crisis can be used to get favorable legislation passed.... we know all that so now you just have to extrapolate that info.
1. October 2008 you get a bailout passed in a crisis atmosphere, that's a template
2. Greece was pushed into crisis, that's a template.. I bet those guys at GS have a name for that Greece manuver like ENRON had a name for some of its schemes in California like ""Fat Boy", "Death Star", "Forney Perpetual Loop", "Ricochet", "Ping Pong", "Black Widow"...They probably named it something like bald eagle or turkey vulture or something like that
3. Govt debts have been increasing as the govt is propping up the economy means lots of money going out and revenues are down
4. Govt is borrowing money and everyone is expecting something to happen, the question is when
5. when rating agencies rate a countries ability to pay debt they look at revenue generation and expenditures
6. if a rating agency decides to lower a raing a country pays more for its debt
7. if a country wants to avoid a lower rating it has to cut spending and/or raise revenue ie taxes... in some cases where the IMF is involved the IMF demands it.
8. We have the market and commodties bubbling again and the real economy isn't recovering, unemployment is still high
9. if commodities keep increasing in price we will get another drop in the market as people can't pay for debt and pay for gasoline. Just like when we had a huge bubble in 2008 that was like a ton of TNT, it was the commodity run up that was the blasting cap. Like I said the real economy is not recovering, everything is still shakey, its just the bubble that's inflating and going to be popped.
9. if we get a dip in the market, and the govt debt is derated, there will be a crisis and there will be a push on capital hill for more cirsis legislation.
They did it once, and sooner or later there will be a reckoning and one timed with the up coming election would be most profitable
All you would need then is a crisis on capital hill... and the imminent threat of failure in the bond market because the US won't be able to meet it debt obligations by rolling it over with new bonds at higher interest rates would provide just the crisis.... of course the large financial institutions will have positioned themselves to make billions off of the tax payers like they did in Greece. And then you will have the "proposed" solutions to fix all of the problems.
Now since you have a "socialist" govt I would say that cutting spending is off the table so that leaves revenue generation
The two "new" revenue generators that have been talked about alot are VAT and Carbon Credits. Once these are installed companies like Goldamn Sachs and the other wall street crooks will make money, lots of money. And once the govt finally turns conservative you can be sure that a new goden age of "Reagan" will be trumpeted as these corporations push to have corporate taxes eliminated totally to be repalced with spending cuts and the money being generated by the VAT.
So you get
1. huge profits on the failing market, because you're prepositioned for it
2. favorable legislation creating a new carbon market which Goldman and a company, owned by henry paulson and Gore, combined own 20% of the chicago climate exchange and
3. later on they get corporate taxes eliminated based on revenue generated from the VAT
Now if you don't see that as being a possiblity... then there really isn't anything more to say. Anyway, if you want to troll do it elsewhere, or better yet come up with an original thought of your own.
