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Vatic Note: This Vatic Note is very long, but its that way because it offers a completely different take on the same set of events that ended in the crash of our first world economy, now dropping down to 2nd world economy. Its up to give you a choice and to see which one makes more sense to you given all the facts, some of which were left out below, either unintentionally or intentionally. I have not decided on that yet.
This is about the crash of 2008. As you can tell this is a very big sore spot with me. I was so mad about it that I actually reported the fraud I saw occur to the FBI who actually took the report both by phone and fax. I explain in the last paragraph of this note, how that ended.
He was right, to a degree, about who was responsible all along the process of doing these toxic loans, but he does not mention the combination of doing those loans with the simultaneous undermining of our economy intentionally by the same powers that created the toxic products for the stock market to sell. It was not a case of the right hand not knowing what the left hand was doing, in fact, it was a case of both hands knew exactly what they were each doing and why. It was anything but incompetence, in fact it was brilliant, once you view the objective in mind that they had.
The bankers were well responsible for offering such a "First time ever" very risky product and putting it together to sell to investors on Wall street, however, at the same time, the federal reserve was doing everything in its power to destroy our economy by pushing rates so low, that everyone who could put in for a loan, and then the wall street firms began the betting, which is called derivatives bets, which normally are not allowed, except under SEC scrutiny, and destroying the economy putting mortgage borrowers out of work, would have insured that the loans defaulted, so you see, there was a plan to all of this striking at the heart of the American economy, so why? That is the question both my vatic note and this video will try to answer, however, they probably will be different answers from each other. I will explain why later.
Greenspan did so well, in his role as head of the Federal reserve, that this video never mentions even once... that the Queen of England knighted him, as she stated, for his "....work for the bank of London and the international economy".... WHICH WAS IN HORRIBLE SHAPE AT THE TIME. So, the message given by knighting him was that he had done Rothschild and the Queens bidding in crashing our economy. Once again, laying the foundation for the subsequent foreclosures that took place. I have to disclose here that I owned a mortgage business during all that time and to be honest, I never followed their guidelines since I knew they were way too risky.
What I did on the "no documentation loan" was got the borrowers who were employed to bring in 12 months bank statesments to see, based on current income if their normal pattern showed enough to pay the mortage. I never put an unsophisticated borrower into a ARM loan, and I never closed a loan where it was clear the borrower would default. I also spent time with them to assessed motivation and whether they would stick it out or run and abandon the property. In the end I had the lowest foreclosure rate in the entire 4 corners area in colorado.
Remember how often Bush went to Britain and the Queen came here. I will never forget it becuase I knew back then she was drooling over reclaiming her lost continent thus gaining her empire back again. This was how her relative, Rothschild was going to give her back her empire, bring the US down, Britain makes a deal with a desperate USA and back to the commonwealth we would go. Greenspan got knighted because all was going exactly according to plan.After being knighted he was appointed as councillor to the Queens Treasury. Traitor.
All of this really began in the 80's when Bush Sr and his economic advisors including Dan Quayle (that should scream volumes about the high quality of advisors they were using.) had decided that to begin the process of globalizing would require the beginning of dismantling America's economic base and they started with econ 101 which was agriculture, a critical foundation for a vibrant economy.
Goldman Sachs was the entrenched international brokerage house for the Chinese, whose foundation was established by Kissinger and Nixon. If you are going to dismantle a first world nation of millions of people you have to dismantle the fundamentals of that economy and agriculture is the first step in economic health. Grow food to feed your nation, and sell the surplus overseas. We were the number one exporter of wheat and other such products.
Bush began by shipping our agriculture base to South America, while the bankers began serious forclosures on American farmers and that shifted the food supply to a third world country that had no protections for food production that was required here in the states. Pesticides, etc were all legal down there, chemical growth hormones and the beginning of the GMO era was at that time. I remember because ELF was beginning to strike at Monsanto and other labs engaged in GMO designed seeds.
This was their intentional swipe at the foundation of our first world economy. The second level of economic health AND growth, was manufacturing and under Bush Sr. both were under attack at the same time. Bush also, with the aid of Quayles father, started encouraging manufacturing to also ship overseas to slave labor countries and to build manufacturing plants in Countries like China. That automatically took business away from us nationally.
They wanted a global work force under the exact same conditions as China with slave labor wages and working conditions which are horrible and dangerous. That required sending the high paying jobs overseas to slave labor countries for half that was paid to the American worker. Eventually the slavelabor work force from other countries were sent here to compete unfairly with the American worker, resulting in another drop in wages and in some cases early forced retirement or lay offs, increasing the work load for half the wages.
The fact that this took as long as it did was a miracle. Both Bush and Clinton were on the same page, just like Obama and Bush Jr. Clinton went to Oxford, the home of the secret societies and Bush & bush Jr were Skull and Bones, with congress riddled with the same. Kohen/Kerry ring a bell back then? What you have just read is the "political side" of the agenda to pull this off, now you will see the corporate fascist side of the equation. Its been going on ever since. As I said, this author is either in on the deal and is playing the distraction card to veer us away from what was an intentional act of destruction and thus a pure act of treason, or at the time of this writing, he had no idea just how planned all this was.
Now you will have two views of the true core reasons for what happened and how it happened. You have to decide, "was it an accident of incompetency, greed and neglect with no fear of the consequences?" or was it "intentional for a long term agenda to eventually globalize the world into a global slave work force after taking out the major obstacle which is the USA". Frankly, after I saw just how planned and easy it was for both our President and supposed good ally, Israel, along with Johnsons minions and handlers to betray America with the USS Liberty which was intentionally attacked and blamed on Egypt, I knew then they were perfectly capable of doing all of what has happened intentionally and "ally" be damned.
Remember, the Fed Reserve bailed out all of Rothschilds banks in Europe and elsewhere, including Goldman Sachs. (Fed's last report was $12 trillion to bail out European banks using American tax payers money.) AIG got bailed out, which was the insurance company that bailed out other European banks on insurance claims and then the USG bailed them out. Nice gig if you can pull it off. Paulson pulled it off by threatening martial law on Congress if they voted it down. IN the end I was a bit disappointed since the true culprits at the very top of the food chain, were Bush Sr orchestrating it all through Cheney, Summers, Geitner, Greenspan, Rothschild, Goldman Sachs, and Cheney. How can you tell? They were the ones that created both conditions that lead to the crash.
They created the MBO markets with genuinely bad loans, and did so knowingly, and they created the unemployment through attacks on our 2 foundations of our economy, so that when the crash happened, our work force could not recover since they would be unemployed. Even I know this and I was simply educated in the system, they worked in it at the highest levels and they knew all this in advance that those mortgages would do as they did. Rothschild got richer in the process
Remember after the bailout how they went out and spent a half million dollars on a 3 day party celebrating, paying prostitutes $40,000 per might? Remember h ow we could not understand how some of these CEO's received MILLIONS IN ANNUAL BONUSES when the company was being bailed out? I remember it well. I also remember the night that Lehmans went down.... the day before Lehmans borrowed several million dollars from Deutch bank knowing full well they could not pay it back and were going to be bailed out.
Then the bail out was used to pay deutch bank back and the banks that took over Lehmans, got to keep those millions with the bail out paying off the debt and the taxpayers got screwed with it. That is fraud and illegal. I actually reported that by phone and faxes to the FBI who tried to do something about it and was stopped by cheney. They at least apologized to me as they were very interested in pursuing the fraud. They did not sound happy
The men who crashed the world (VN: And these are the men who want to run the world??? after proving they can't run a good chicken coup with integrity?)
http://www.youtube.com/watch?v=JYTyluv4Gws
Uploaded by FauzInfoVids on Sep 25, 2011
The first of a four-part investigation into a world of greed and recklessness that led to financial collapse.
In the first episode of Meltdown, we hear about four men who brought down the global economy: a billionaire mortgage-seller who fooled millions; a high-rolling banker with a fatal weakness; a ferocious Wall Street predator; and the power behind the throne.
http://www.youtube.com/watch?feature=player_detailpage&v=JYTyluv4Gws
The crash of September 2008 brought the largest bankruptcies in world history, pushing more than 30 million people into unemployment and bringing many countries to the edge of insolvency. Wall Street turned back the clock to 1929.
But how did it all go so wrong? (VN: the authors opinion, I had a multi-state radio program called "practical finance" that was on every Monday AM at 9:00 and I had reported the fed pumping 45 billion a week into money supply which meant this was intentional and proactive.... since such acts were hyperinflationary and I told my listeners to buy gold now. Those that did are sitting pretty.)
Lack of government regulation; easy lending in the US housing market meant anyone could qualify for a home loan with no government regulations in place.
Also, London was competing with New York as the banking capital of the world. Gordon Brown, the British finance minister at the time, introduced 'light touch regulation' - giving bankers a free hand in the marketplace.
All this, and with key players making the wrong financial decisions, saw the world's biggest financial collapse.
In the first episode of Meltdown, we hear about four men who brought down the global economy: a billionaire mortgage-seller who fooled millions; a high-rolling banker with a fatal weakness; a ferocious Wall Street predator; and the power behind the throne.
http://www.youtube.com/watch?feature=player_detailpage&v=JYTyluv4Gws
The crash of September 2008 brought the largest bankruptcies in world history, pushing more than 30 million people into unemployment and bringing many countries to the edge of insolvency. Wall Street turned back the clock to 1929.
But how did it all go so wrong? (VN: the authors opinion, I had a multi-state radio program called "practical finance" that was on every Monday AM at 9:00 and I had reported the fed pumping 45 billion a week into money supply which meant this was intentional and proactive.... since such acts were hyperinflationary and I told my listeners to buy gold now. Those that did are sitting pretty.)
Lack of government regulation; easy lending in the US housing market meant anyone could qualify for a home loan with no government regulations in place.
Also, London was competing with New York as the banking capital of the world. Gordon Brown, the British finance minister at the time, introduced 'light touch regulation' - giving bankers a free hand in the marketplace.
All this, and with key players making the wrong financial decisions, saw the world's biggest financial collapse.
The article is reproduced in accordance with Section 107 of title 17 of the Copyright Law of the United States relating to fair-use and is for the purposes of criticism, comment, news reporting, teaching, scholarship, and research.
Glinka’s information eventually found its way into the hands of one 
