by
Lloyd Hart | 02.21.2009
Immediate across the board debt forgiveness of Commercial Loans, Home Mortgages, Home Equity Loans, Credit Card Debt and personal loans now!
Debt Forgiveness Now!
By Lloyd Hart
Immediate across the board debt forgiveness of Commercial Loans, Home Mortgages, Home Equity Loans, Credit Card Debt and personal loans now! All debt must be stricken from the "Books." World Bank Loans to all Nations, Bank to Bank Debt and all Bonds and Margin Call Debt in the stock market including all Derivatives or Credit Default Swaps, all 65 trillion dollars of them must also be stricken from the "Books." And I don't mean debt that is in default, I mean all debt on the entire planet period. Oh, and outlaw all credit reporting agencies.
The set of "Books" that keeps us in this boom/bust economic slavery that has us all falling into economic chaos right now must be wiped clean around the entire planet. Without this immediate action every nation on the planet will descend into a violent civil war which I am sure is what many at the Pentagon and in the banking sector that finances American Imperialism around the world, I think are hoping for. More War!
If you think about it, we are already in the beginning stages of that war now. The Military Industrial Complex and their bankers J.P. Morgan Chase and Bank Of America just to name the two largest who used the bailout funds to grow even larger and consolidate their power are at war with the American people driving us into the poor house or into the homeless camps but most definitely into submission. With the backing of the Pentagon behind them, this makes them a formidable enemy. If however, driving down the economy doesn't produce the submission from the public they desire well the Pentagon has spent some of the funds we gave them on nasty crowd control devices.
Just this last week when the war was heating up with the call coming from almost every direction including Allan Greenspan, the former chairman of the federal reserve (who made a fortune by shorting the collapse of the housing market after here resigned from fed) for the nationalization of the nations biggest and weakest banks, J.P. Morgan Chase and Bank Of America of course being number one and number two on that short list. Just as the it looked like consensus was forming for nationalization Big Money stepped in and began a massive sell off of stock in all stock exchanges and commodities prices began to rise all around the world and here at home in America which was the final straw that had the Obama administration surrender (the fucking cowards that they are!) in this particular battle and put out the following comment:
"strongly believe that a privately held banking system is the correct way to go."
Obama supports keeping US banking system private
http://www.google.com/hostednews/ap/article/ALeqM5ih2lPartFDDCQtXXzOeq49IqvvewD96FG42O0
The most interesting aspect of the war this week that had the Obama administration pee it's pants was the ratcheting up of the rhetoric from the political lackeys that run the P.R. department for the Military Industrial Complex, the republican party (and the democratic party but very quietly behind the scenes while they leave a trail of pee behind them) and their news conduits. First some of the Republicans governors came out and made statements that they would not be taking funds from the stimulus package just signed into law by the Prez. Then Rick Santelli at CNBC calls for a Chicago Tea Party against the Mortgage Bailout program the Obama administration just announced this week.
Santelli's Tea Party
http://www.cnbc.com/id/15840232?video=1039849853
And then the most surprising thing of all is in this same week, the New York Post puts out a cartoon that can only be construed as a direct threat to the life of the president of the United States with a direct reference to the stimulus package in the cartoon. And then, but not quite as stunning as the New York Post threatening the life of da prez, to top off the week Allan Keyes screams the "Kill Him!" (meaning Obama) in so many words as I pointed out in the article I wrote yesterday:
The New York Post Fires the First shot in Presidential Assassination Politics and Allan Keyes Fires the Second!
http://portland.indymedia.org/en/2009/02/386735.shtml
Now, all of this shit we saw spouted this week from the sewer hole of the American corporate media is clearly designed to do one thing and one thing only. Lead us to believe that there is only the shrillest of political gridlock going on and that it will do nothing but continue to frustrate us all. To frustrate us into flipping the channel and watch horny, married, rich chicks getting laid or to watch juicing sports heros lose it, picking another fist fight as a result of the drugs they are taking in the next dramatically staged game.
Of course, what it is really all about is dashing our hopes of there being any real solutions and to have ourselves resign ourselves to it. To accept the Military Industrial Complex economically punishing us for wanting the human rights that nature intended us to have, intended all life on this planet to have. To keep us in our place fighting each other over the shit jobs with no real health care to take care of the poisoning we receive working these shit jobs. To herd us into a mentality of excepting less and less while we work harder and harder for it.
If you think that the bankers had no idea that the housing market was going to suddenly end and that it was just a mistake like the Iraq war, just an accounting error then you have not studied past housing booms. They knew. Big Money knew it was coming to an end and they planned for it. Hell, Allan Greenspan quit his job at the federal reserve and made a fortune shorting the collapse of the housing market.
The Financial Wizards of Wall St. used Derivatives or Credit Default Swaps as an insurance policy timed perfectly on the Bundled Mortgages that they sold to each other globally as Tradable Securities, for when, they began to lose their value. These Derivatives or Credit Default Swaps or really, Insurance Policies begin spewing cash when stocks or Bundled Mortgage Securities you don't even have to own in order to get paid, lose value. And those Bundled Mortgage Securities lost value because the market cannot sustain, I'll repeat the market cannot sustain the continued increase of the construction sale of such big ticket items as homes and commercial real-estate. As in all housing booms in the past have proven, you reach a point where the public and business have bought all the houses and sky scrapers they can afford and they can buy no more. This is when the bubble bursts.
So the Bush regime hid the real data spewing into the fed and the treasury dept. from the banking sector over the last four years for as long as they could and then opened the flood gates all at once and of course when it could no longer be contained. It was then that Hank Paulson the treasury secretary quickly ran to congress to get 700 billion dollars (screaming, the sky is falling, the sky is falling and don't ask any questions!) not to however, bail out the banks so they would begin lending but rather to commit the largest bank robbery in history. The reason the Cash Flow in America and around the world continues to decline is because the 350 billion dollars (plus the 320 billion already lent from the discount window at the federal reserve) the Bush Regime gave to the banks was used primarily to pay off Derivatives or Credit Default Swap Contracts owned, of course by Military Industrial Complex insiders that gamed the system to create even greater Big Money that they could then use to drive stock and commodity markets up and down depending on what kind of political and economic leverage they need to stay in almost god like power over the rest of us. Obama might be the president of the United States but the Pentagon and it's vast Industrial Complex is still the center of all power on the planet. Until, of course, we take it away from them.
It must be noted here as well that with all the comparisons to Lincoln, Roosevelt and John Kennedy, in reality Barrack Obama can only be compared to Linden Baines Johnson for the simple fact that Obama this week sold out the backlash that put him in office. Like Johnson Obama has clearly cut a deal with the Generals at the Pentagon which was obviously negotiated long before the election even happened and which the Generals will renege on of course but explains why Obama kept the war criminal Gates as Sec. of Defense. The deal allows Obama to spend and slightly tweak policy domestically to placate Obama's some in his constituency while Obama gives the Generals executive cover to continue the War of Terror and of course the continued distribution of Afghan Heroin in the U.S..
I called Obama a phony in Dec. 07. Maybe now some of you might like to catch up with the rest of us.
So here we have it a complete fucking mess.
Nature never intended for anyone to go homeless or to go without proper nutrition or to take to much of nature for that matter, that nature itself collapses causing wide spread destruction of all life on this planet, but this is exactly where we are. We have bust the the only bank that matters, the Human Ecological Resource Bank (HERB) that keeps us all alive. The very thin breath of life that coats the surface of the planet earth is crashing.
So after all these words the obvious question must have popped into your minds "What the fuck can we do about it?"
The word is Revolt. Tear down the system that enslaves us.
America, prove to the world that your not just a bunch of cowards whining about losing the lifestyle that starves children in the third world to death every day by stealing their farmland and resources so you can have Starbucks on every fucking street corner in America. If you will not lead America you will reap what you have sewn.
Lloyd Hart
dadapop@dadapop.com
http://dadapop.com
http://www.myspace.com/lloydhart
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