| Subject: | Financial Nazi School of Economics |
|---|---|
| Date: | Thu, 16 Sep 2010 16:29:50 -0700 |
| From: | Jas Jain |
The world is aware of several schools of economics prevalent in America—Neo-Keynesian School, Austrian School (considered crackpots!), Chicago School, Supply Side School, etc., but the bipartisan secret society of the Financial Nazi School of Economics is in power in the govt and in academia. The adherents are Greenspan, Bernanke, Summers, Krooksman, Stiglitz, etc. Their mantra is very simple—Pushing Debt. More debt means more money for Financial Nazis of America. Pure and simple. Please remember that the Scam Market is a substitute debt market. Of course they prefer pushing household debt, but pushing govt debt is always an option via control of the govt. Financial Nazis came to power with Reagan's firing of Volcker and appointment of Greenspan to be Fed Chairman. Financial Nazis have never looked back since. Under Rubin they assumed dictatorship of the economy.
There was no Housing Bubble, per se; there was housing mortgage fraud enabled by Greenspan and Bernanke (asleep at the wheel) and many in academia and financial media couched as American Dream to keep the game going after the anemic recovery 2002. There is nothing easier than increasing consumption debt to artificially boost the economy and push the day of reckoning in the future. The future has finally arrived and is unwilling to be pushed further. Financial Nazi School of economics is facing grim future. The fraud is going to be exposed sooner than later.
Would it take the election of the American Hitler to dethrone Financial Nazis of America? Or, would Financial Nazis lead America to de facto Communism by decimating the middle class? Financial Nazis would then enjoy the privileges enjoyed by the party leaders in former Soviet Union. And the working class would enjoy the privileges of the Soviet workers. Communism thru Crooked Capitalism!
Jas
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