The Media Is Hyping The Fear Again

The fear mongering about the stock market is annoying the hell out of me today.  Do we have a crisis?  Sure we do.  Is is leading to worse things?  absolutely, spirit has talked about this since 1989.  However, lets keep it in context as it happens.  CNN is going on and on about this being the largest point drop on the DOW ever and that is true.  However, it is just under a 7% drop unlike black Monday in 1987 which saw a 508 point drop that was 22.6%.

Monday, October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short period. The crash began in Hong Kong, spread west through international time zones to Europe, hitting the United States after other markets had already declined by a significant margin. The Dow Jones Industrial Average (DJIA) dropped by 508 points to 1739 (22.6%).

I am at least encouraged that the American people are seeing through this bailout plan as the scam that it is.  Letting these failures go without a bailout will cause an adjustment in the markets, that is inevitable.  The economy is crashing either way though over the next few years and the bailout plan will only serve The Powers That Be, and irresponsible investors, not John and Jane Doe who are trying to put gas in their car and feed themselves.

The media likes to talk about the banks foreign and domestic that bought these bad loans but what they don’t talk about are the .com type companies who also bought in big.  These companies have very little in the way of tangible assets.  This makes them vulnerable in a crash because their net worth to physical asset ratio is too extreme.  They knew full well that these loans would fail and that the real estate market would take a hit and they would lose a certain percentage of their investment.  However, they also knew the markets were destined for a crash no matter what because the dark forces plan is to destroy America to bring forth global government.  These companies are counting on the foreclosures so they become the owners of the best long term tangible investment there is REAL ESTATE.  They want this bailout!  It does things like assure them that bankruptcy judges cannot renegotiate loans so people can keep their houses.  These companies want the houses to shore up their tangible assets so that they have enough to survive the bigger part of the market crash.

This also serves all those foreign banks they want to bail out, after all what is better to destroy American sovereignty than for foreign countries to own massive amounts of real estate of our country.  A lot of it has been bought outright over the last 20 years especially.  They purposely created this bad credit, gave loans to people they knew would not be able to pay.  Artificially inflated the real estate market and then allowed things to go into free fall, counting on the government to enact laws that would protect them and not us and give them all the real assets to replace their paper assets. 

It’s disgusting, but it’s also what many of us have always known was coming.  We are in it fully now and there will be no stopping the downfall of America and the western world as a whole, but the good news is there is another plan by spirit to step in and effect things in ways The Powers That Be cannot fathom.  Things will be rough for many right up to the earth changes.  Everyone who chose to be living at this time knew that before they were born and those of us in harmony with Creation will see our way through this.  We have to remember that we have already won, and this is just a play that will play out over a few years then it will all be done.  Don’t give into this fear mongering!

 

Oh and this just in, as a good example of how they are doing this on purpose Wachovia just got bought out by Citibank.  Wachovia is on the top 10 list of banks most likely to fail.  The problem?  So is Citibank!  When you are already in trouble can you afford to bailout someone else?  I think we know what will happen if a weak swimmer tries to save a drowning person!  Yep, that’s right, they both drown.  Sounds like Citibank wants to go down to me.  Washington Mutual was also on the list.

The other 7 banks on the troubled list with their grades are:

HSBC Bk USA (D+)

Sun Trust (C-)

National City (D)

Sovereign Bk (D+)

Huntington NB (D+)

E* Trade Bank (D+)

First Tennessee Bk (D+)

Citibank had a (C-)  Wachovia a (C+) and Washington Mutual a (D+)

So Wachovia was perceived to actually be in better shape then Citibank.  Amazing!  These banks were listed in order of their total assets with Citibank on top then Wachovia and Washington Mutual and the rest of the list as typed after them.  Is it a coincidence that two of the “failed” banks on this list are in the top three for highest assets, and that the one who bailed out the 2nd highest asset bank is the one with the most assets of the group.  Gee when Citibank fails in the not too distant future I wonder who runs away with all those lovely assets?  Citibank has 1,292 billion and they just grabbed Wachovia’s 665 billion.