The Crash of August 2012
Why pick on August? Because I believe that the Fed, Wall Street and the U.S. Senate have decided to make it happen. Very deliberate and carefully coordinated.
The Fed? It is no accident that today Bernanke balked at QE3. He knows that it’s like denying a fix for a hopeless addict.
Wall Street? It’s not a coincidence that Visa and Mastercard have volunteered to cut their own usurious interest rates. Every major bank in the free world is on the addictive credit card interest rate take. A fee cut? It’s voluntary and it’s suicidal.
And the U.S. Senate? Senators have suddenly decided to take on HSBC for money laundering. Drug dealers and terrorists have been shoveling money through western world banks for years. The Senators suddenly noticed this on the same day that Bernanke crapped on QE3 and the Credit Card guys hammered their own 24% rates.
QE3, bank money laundering and credit card usury all tackled on the same day? To my way of thinking, the message is clear. A crash is in the cards and the mega-thieves are coming for whatever savings you have left.
When integrity evaporated it took capitalism with it. You are now watching greedy slugs rush in to feed on the bloated corpse of freedom.
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