ONCE AGAIN, GREENSPAN PROVES HE’S JUST A SHILL
Mario Sikorski (mms) sends the following news from Poland:
Greenspanning ‘The Economy’ — CNBC — updated 4:49 p.m. ET July 31, 2008
Former Federal Reserve Chairman Alan Greenspan said Thursday that  the U.S. housing market is “nowhere near the bottom” and that  the U.S. economy is “right on the brink” of slipping into a recession.
But he told CNBC  the latest economic data don’t yet indicate that a recession is inevitable.
Calling the current crisis in the financial markets  a “once-in-a-century phenomenon,” [once in a stealthily cooked economic meal, mms said]  Greenspan said the Treasury had no choice in its recent moves to backstop the two government-sponsored mortgage finance giants, Fannie Mae and Freddie Mac. But he said  the government will probably have to nationalize the two companies,  calling them a “major accident waiting to happen.”  And he said that the ongoing slide in home prices has wiped out the home equity of “about 12 million home owners who are basically net in the red.”
Once again, Greenspan proves he’s just the shill of a conspiracy to retain usury upon a once free republic:
“the U.S. housing market is ‘nowhere near the bottom’”
What is the bottom of the U.S. “housing market” (arena of predation)?
Unless we adopt mathematically perfected economy™, negative value is even possible, because if a “home” comes with a debt which can only multiply indebtedness so that we are forced to pay lifetime after lifetime to a few who produce nothing, for homes produced by but a few months of *our* work, that “home” is certainly a great liability — particularly “if” servicing the sum of debt can only impose terminal failure under which even our brief imposed failure to continually service the perpetually multiplying liabilities causes us to lose all presumed “equity” in the designed liability scheme.
Americans and all the rest of the providers of involuntary servitude in the world nonetheless are clinging to these terminal liabilities as if Greenspan and the globalist conspiracy he advocates are going to pull some rabbit out of a hat in the people’s favor. As we see instead, they do only what is necessary to retain the system by which they steal so much from you.
“the U.S. economy is ‘right on the brink’ of slipping into a recession”
By alternate accounts, real unemployment topped 15 percent long ago. There are counties and towns in relatively “prosperous” states of this country where real unemployment is several times that. Government and “economist’s” figures purport that data which reports unearned takings from us (such as profit from commodities “trading” in oil) is actually in our favor — asserting this is to the profit of “the economy.” Housing prices (costs) “appreciating” are reported to be in our favor; this is regularly said to be evidence of prosperity when it is in fact evidence of the very ever multiplying costliness and damage which has put so many mortgages not only at the admitted “risk,” but in jeopardy of complete loss.
But under a system which can only multiply debt at further escalating rates as we are compelled to maintain a circulation subject to interest by re-borrowing principal and interest as subsequent sums of debt, perpetually increased so much as periodic interest… how are we merely “on the edge” of a purportedly “possible” “recession”?
On the contrary, even if we were only on the edge of a purportedly possible recession, the fact the imposed, unassented system can only multiply debt further beyond our possible means to service it indicates we can only plunge into recession and worse if we do not rectify the very process which artificially multiplies our debt for nought.
Mr. Greenspan’s own proscribed course therefore ensures that depression, because he and all the traitors in power or who seek power profess instead their singular intention to retain upon us the system by which they multiply debt for the explicit purpose of taking so much from us.
Inadvertently therefore, Mr. Greenspan confesses the very intention to stay the course of a second Great Depression.
“the latest economic data don’t yet indicate that a recession is inevitable”
A bald faced lie.
No one but no one but no one can even demonstrate any practical way the present accumulations of debt will not, given further multiplication, be terminal. There is no way even to pay down the sum of debt in a system which instead can only multiply it.
What real data anywhere then cannot indicate on the contrary that a second Great Depression is inevitable?
Can Greenspan even show us how to arrest multiplication of debt?
Absolutely not. He doesn’t even dare try, because that try would expose the whole lie!
“a ‘once-in-a-century phenomenon’”
It’s a once-in-a-lifespan of usury phenomenon; and in fact, the broad and diverse edge of failure under inherent multiplication of debt comes at the end of the lifespan of usury, however potentially extended temporarily by the present exercises of artificial sustention.
“Greenspan said the Treasury had no choice in its recent moves to backstop the two government-sponsored mortgage finance giants, Fannie Mae and Freddie Mac.”
This is the lie of eternity. We can readily arrest multiplication of debt by eradicating the process of unearned profit which multiplies debt to terminal debt. We could instantly solve our problems by adopting mathematically perfected economy™. But Greenspan won’t discuss that, because the arguments of mathematically perfected economy™ will prevail; and that won’t allow the folks he represents to retain usury upon you even to your utter destruction.
“the government will probably have to nationalize the two companies”
So here, what we have is what the Austrian “economists” who oppose mathematically perfected economy™ call “free markets,” which under the “interest” which “Austrian economists” advocate without qualification, and which they can defend only by ad hominem and exclusion of veritable mathematical analysis… what we have is British Banker Capitalists practicing what the “Austrian economists” advocate; we have that failing; and we have the failure compelling the practitioners therefore advocating ownership of the means of usury by the state — which of course is akin to socialism, while in the hypocrisy of “Austrian economics,” on the contrary, “Austrian economists” assert that freeing the people of usury is socialism.
Of course, all this is preposterous in a republic. If *the people* were the state, whatever benefits they would receive from their costs in “interest” would be returned to them; so “interest” would cancel out.
So what we have in fact is a takeover of the state by usurers, because these unearned profits in fact will not be returned to the real owners of the republic — the people.
“calling them a ‘major accident waiting to happen.’”
It’s no accident whatever that interest inherently and irreversibly multiplies debt for the sake of illimitable unearned profit.
“And he said that the ongoing slide in home prices has wiped out the home equity of ‘about 12 million home owners who are basically net in the red.’”
Quite an understatement, when further multiplication of debt can only engender near term failure under which not only will this 12 million lose all equity, but the rest of us with them.
It’s time to wake up, people of the world. If “your” political representatives aren’t advocating mathematically perfected economy™, they are advocating purposed monetary failure.
Which of course is your dispossession.
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“To find the players in all the corruption of the world, ‘Follow the money.’ To find the captains of world corruption, follow the money all the way.”
mike montagne — founder, PEOPLE For Mathematically Perfected Economy™, author/engineer of mathematically perfected economy™ (1979)