Collapse of the global economy is highly likely

• ECRI's WLI Growth Rate Inches Higher
• Google Q3-2010 Earnings Announcement Press Release
• George Soros Market Outlook - Says End Bush Tax Cuts

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Subject:	FWC: "There is a systemic fraud model of an institution [Central Banks]"
Date:	Fri, 15 Oct 2010 09:48:14 -0700
From:	Jas Jain

"In an interview with derStandard.at, he explains why we can confidently ignore the banks, the free-market "bubble machine for the elites to abuse" and threatened more in the next three years, the collapse of the entire system."

The face of evil in America and in the world today is that of Ben Bernanke and people like him. Bernanke is part of a financial manipulation cabal, led by Goldman Sachs, that now has complete control of the US econo-political system. This cabal is independent of the two political gangs and the "democratic" political process. The American voters are impotent, Tea Party or no Tea Party. The current economic system is non-linear and unstable. Collapse of the global economy over the next three years is highly likely. China would be able to deal with the resulting depression much better because all Chinese would be able to see far worse problems, including widespread violence, in America and India. When things get very bad being relatively better is important. The day when democracy would be discredited is getting close.

Jas

-x-x-x-x-x-x-x-x-x-x-x-

http://translate.google.com/translate?hl=en&sl=auto&tl=en&u=http%3A%2F%2Fderstandard.at%2F1285200656759%2FderStandardat-Interview-Banken-erfinden-Geld-aus-Luft

 

derStandard.at interview

"Banks invent money out of air"

Daniela Rome | 13 October 2010, 07:05

"There is a systemic fraud model of an institution, the economic system monopoly to create money through loans is given in our" says Franz Hörmann.

Why the financial system is a fraud model, which have budgets to do so and why the ultimate crash risk, says the Viennese economist Franz Hörmann

 

For Franz Hörmann, a professor at the University of Economics in Vienna, is the time for banks and money over. A paradigm shift both in economics, and in general social terms, is essential for him. In an interview with derStandard.at, he explains why we can confidently ignore the banks, the free-market "bubble machine for the elites to abuse" and threatened more in the next three years, the collapse of the entire system.

 

They assume that society and the economy in the coming years will change completely. Does our current financial and economic system had its day?

 

Franz Hörmann: Definitely in every way. Because we use from the perspective of law and economics models, which go back to the ancient Romans. The compounding system is from the second millennium BC, the double-entry bookkeeping in the 15th Century. And there is no area of our society and the sciences, where methods of this age are still taken seriously. But it serves to maintain social elite rich and powerful, so nothing changes.

George Soros - Goldman Sachs : Rule by money men

Monday, October 11, 2010
George Soros Market Outlook - Says End Bush Tax Cuts

Soros says it is "tragic" that the Republicans want to satisfy their contributors who want a tax cut rather than the general good of the public. He seems amazed "they managed to get the whole public to buy into it."

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Subject:	RE: The predictable progression of democracy: Rule by money men . . .
Date:	Mon, 11 Oct 2010 11:58:20 -0700
From:	Jas Jain

To: Jas_Jain
Subject: The predictable progression of democracy: Rule by money men . . .
Date: Mon, 11 Oct 2010 11:23:11 -0700

http://www.truthdig.com/report/item/the_shadow_class_war_of_2010_20101010/

A Glimpse Into the Heart of a Rotten System:

http://www.truthdig.com/arts_culture/item/inside_job_a_glimpse_into_the_heart_of_a_rotten_system_20101008/?ln

 

Not just any money men but money men who have turned evil and have taken effective control of the two political gangs, e.g., Goldman Sachs' influence on both parties, to make more moeny at the expense of the rest. Only dopes can be made to believe that the two political gangs represent the interests of those who vote for them, or are democratic. Americans are duped to vote for one of the two gangs. Only the collapse of the system that would result in widespread violence would relieve Americans of their political misery; the vote simply cannot.

Jas

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