Pyramid Comment

This journal takes an alternative view on current affairs and other subjects. The approach is likely to be contentious and is arguably speculative. The content of any article is also a reminder of the status of those affairs at that date. All comments have been disabled. Any and all unsolicited or unauthorised links are absolutely disavowed.

Friday, October 03, 2008

Banking Panic - The Plan (1st Encore)

Banking Panic - The Plan (Prelude)
Banking Panic - The Plan (1)
Banking Panic - The Plan (2)
Banking Panic - The Plan (3)
Banking Panic - The Plan (4)
Banking Panic - The Plan (5)
Banking Panic - The Plan (6)
Banking Panic - The Plan (7)
Banking Panic - The Plan (8)
Banking Panic - The Plan (9)
Banking Panic - The Plan (10)
Banking Panic - The Plan (Nearly There)
Banking Panic - The Plan (Arrival)
Banking Panic - The Plan (The Next Phase)
Banking Panic - The Plan (11)
Banking Panic - The Plan (12)
Banking Panic - The Plan (13)
Banking Panic - The Plan (Exit)
Banking Panic - The Plan (2nd Encore)
Banking Panic - The Plan (3rd Encore)
Banking Panic - The Circus

The United States House of Representatives went back and reconsidered. The original answer was not the right choice and the second alternative answer (of the two-horse race) was the correct one. Now that this has happened, the voting won't be repeated. Not best of three, but best of two. And the desired result. It's kids'-stuff psychology. Get it wrong and then get it overwhelmingly right and everybody's happy. The vote switched from 228 to 205 (= 433) to 171 to 263 (= 434). Those originally voting 'down' to voting 'up' numbered 228-171=57. Quite a swing for only a few days later and the global financial system has all of a sudden found its new level. Stability, but at a higher stake level. The yield of virtual money now escalates to theoretically $trillions when the unannounced interest is added to the capital and the taxpayer will fund the rescue of the perpetrators. A cobbled together and stitched-up (Banking Master) Plan of action: the money machine like a death squad rides to the rescue.

Create the problem and then provide the solution

Bail-out plan According to the Winners And Losers ethic, the Winners must be the bankers and the Losers the taxpayers and they will continue to borrow more money to fuel the circus into its perpetuity. It's destiny. Society is gripped in the ever tightening stranglehold of absolute control. Apathy is deserting power, yet it will never be enough to simply abandon it. Power exists without apathy. It's the cloak that attempts to hide the problem. The increased level of fear now involves actually knowing that control is out of the peoples' hands as it always was. In the virtual reality there is no actual money, but its non-existence paradoxically makes the power and control devastating. When the real crisis steps up to the plate then meltdown will be complete. And what's it all been for? Why create such a Hell on Earth? Power and Control. Complete subjugation is an effectively bloodless coup. The rivers do not run red with blood though they have been re-routed and contain the bodies that are powerless to flee the force of absolute control. In the UQ (aka UK) the mist has cleared away a little: the independence of the nationalised Bank of England (1946). In making available some £40bn as the first drop from the Ocean of Funds, this tranche is just one of seven unspecified support injections. Assuming a similar amount is involved each time, then almost £300bn is possible. This is more like it by almost matching the US 'rescue package' of £394bn. The technical ownership of such funding in the UQ (aka UK) is unknown and unknowable, but clearly some mysterious group that bankrolls the government that in its turn bankrupts the people with a debt that was never voted through. Simply imposed.
   Like the Northern Rock and Bradford & Bingley nationalisations. Private Banks That well over £1,000,000,000,000 (£1 trillion) of real money in savings is sitting doing nothing in bank vaults is unthinkable. This virtual money exists in principle, but in reality it may not exist at all and like pension funds has been used in failing and failed investments. Money entrusted to the government is as safe as houses, though where it is, or has gone, is anyone's guess. This inverted pyramid is designed to be unstable and when it is in danger of falling over it needs to be shored up with money and fear to restore balance. It will always be unstable as it has this major 'design flaw' that creates instability. Very expensive stability that works through fear. A fear of the impending disaster, but like the carrot and stick it is in view yet unreachable. It's denial to ignore it and a great many are aware of the problem, but even a majority isn't enough when the control of those people is the 'game'.

Banking Panic - The Plan (Prelude)
Banking Panic - The Plan (1)
Banking Panic - The Plan (2)
Banking Panic - The Plan (3)
Banking Panic - The Plan (4)
Banking Panic - The Plan (5)
Banking Panic - The Plan (6)
Banking Panic - The Plan (7)
Banking Panic - The Plan (8)
Banking Panic - The Plan (9)
Banking Panic - The Plan (10)
Banking Panic - The Plan (Nearly There)
Banking Panic - The Plan (Arrival)
Banking Panic - The Plan (The Next Phase)
Banking Panic - The Plan (11)
Banking Panic - The Plan (12)
Banking Panic - The Plan (13)
Banking Panic - The Plan (Exit)
Banking Panic - The Plan (2nd Encore)
Banking Panic - The Plan (3rd Encore)
Banking Panic - The Circus