The Banks are squeezing every last dollar they can from everyone they can get; I know, for they have

I understand that we are not to be in debt, so I am not sharing the following with you wanting to be scolded for being in debt. What things are is what things are, and some of us for various reasons got ourselves into situations that necessitated taking on debt and now we are getting ready to pay dearly for it.

Sparing you the details, for they are not important, let me simply say that the following are the facts:

1. We have never been late on any obligation for twenty years.

2. We live in a home that when re-financed in May of 2007 had, at the time, a full one third equity position. In other words, there was deliberately room left for unexpected expenses in the future.

3. We have 7 credit cards with balances on them and another 5 with zero balances.

4. Our income and expenses are the same as they have been for many years.

5. NOTHING has happened, on our end, to alter our situation in the past year and one half.

With these facts in mind, let me tell you what is going on. We have three credit cards that all go through the biggest bank in America. We have had these cards for between three and ten years. At times they have had balances approaching their limits and at other times balances of zero. NEVER has there been a late payment, over credit fee or any other negative. At present, all three carry balances which are at or below 50% of the credit lines.

Last week we received notices with the bills that as of December, the interest rates on all three cards were going from 6.99%, which they have been at for years, to 18.99%. As if this was not shock enough, we were informed the credit lines on all three cards were being frozen at current levels. Although we were able to “opt out” of the rise in interest rates by guaranteeing we would never use the cards again, we effectively were shut down by a bank we had up until a month ago, EXCELLENT relations with.

Yesterday the exact same thing happened with another bank we have two cards with. In both cases the so-called justification for the action was the bank did not like our “debt to income ratio”. Hello, it is the same as it has been for months. Before I had a chance to take all this personally, I did some research and found out what is going on which pertains to any of you carrying credit card balances.

A very trustworthy source, whom I trust completely wrote in an article yesterday that all the major banks and financing institutions are in the process of dealing with 2 trillion dollars in bad credit card debts. To handle this, they are systematically going through their clientele and doing exactly what they did to us with all but the very best customers on their books. In other words, they are cutting their losses by assuming anyone not making $500,000 per year is going to default on their credit card bills and thus they are freezing lines of credit and charging outlandish interest rates.

This has been going on for months and months with those in deep financial trouble, the difference is that now it is spreading to the “common folk” like my wife and I. The banks are bleeding money faster than Uncle Sam can give it to them. Look at the stocks of all the major banks and they are nearing the point of being worthless. No amount of money poured into the banks is going to help, for they are slowing slaughtering the very people who could have made them money via mortgages, loans and credit cards.

We recently found out that the same home which we had one third equity in 18 months ago now mysteriously has basically no equity. How on God’s green earth can a home lose 30% of its supposed value in 18 months? At the current rate, we will be “upside down” within six months. Oh how the vultures are circling as they make their plans to snatch this attractive property and acreage out from under us. All we can do is pray and do the best we can. These matters are way bigger than we are.

Don’t be surprised if any outstanding lines of credit you have get frozen soon. Don’t be surprised if the assumed equity you think you have in your home suddenly evaporates into thin air and you find yourself owing more than someone says your house is worth. Don’t be surprised if the reward you get for paying your bills on time, not being extravagant and trying to save money via retirement accounts is having to file for bankruptcy along with 50 states, thousands of cities and in due time, the United States of America.

Yes, that is where this is all heading. Sooner or later the government’s funny money will not be worth the paper it is printed on and no matter how much of it you make or save, it will not be able to help you. Those who sit back thinking they are safe and secure, will see sudden destruction come upon them. Those who thought they had enough in savings to carry them through their retirement years will be trying to survive on Social Security checks alone. Those who thought they had money to burn will find that money has all been burned up.

America’s chickens HAVE come home to roost in the sense that gross mistakes made due to greed are destroying the very financial foundation of this country. All logical measures which could really help the common person are laughed at and rejected outright. Instead, more and more money is thrown to the hungry ravenous wolves which represent the corrupt financial institutions of this world. They will never be satisfied until they have gobbled up every dollar from every soul in America. God help us.

How about giving us all an equal share of the next 5 trillion

It has been conservatively estimated that the United States Treasury together with the Federal Reserve Board has loaned and/or given approximately 5 trillion dollars to banks and other financial institutions this year in their attempt to stabilize the economy. Everyone keeps talking about the 700 billion dollars involved with the bailout measure, but there were huge amounts of money involved as far back as last winter being loaned to banks at low interest rates. Little, if any of this money ever has been repaid.

The mere mention of a figure such as 5 trillion boggles the mind. When the word “dollars” is added after it, the mind cannot possibly grasp the immensity of it. Not too many years ago, a very wealthy person was called a “millionaire”. Anyone who owned a million dollars was looked upon as one of the richest people on earth. Now game shows have prizes of a million dollars.

These days the people who are very wealthy are called “billionaires”. There are only a few of them in the world, but they pretty much dictate much of what goes on in this world due to their incredible financial influence. The Warren Buffet’s and the Bill Gates of the world truly are in a class by themselves as far as their net worth. But, as rich as these people are, none of them even come remotely close to being a “trillionaire”.

When these kinds of numbers are tossed around, no one can possibly grasp how big they really are. For people like me, a hundred dollar bill is still something very special and unique. It would take ten billion one hundred dollar bills to equal a trillion dollars. Logically, it would take 50 billion one hundred dollar bills to equal the 5 trillion dollars spent to try and save the American banking system. I hope all these big numbers have gotten the point across that we are talking about a lot of money.

On the other side of coin (so to speak), in the African country of Zimbabwe, they have such horrific inflation that their money is basically worthless. Before they revalued their currency recently the following shows how bad it had gotten.

Can you honestly imagine spending 10 trillion “whatevers” to get some breakfast? I guess you could if the value of your “whatever” was basically zero. The more these huge numbers are tossed around, the more it makes you wonder if the day is coming in this country when a cup of coffee will cost a trillion dollars.

If I were running this country, instead of giving the banks 5 trillion dollars to squander; I would divide that number by the 300 million people in this country and GIVE each one of them an equal share. Talk about stimulating the economy. If each person in this country received an equal proportion of 5 trillion dollars, the amount each would receive would be:

$16,666.666

Food for thought.

Which is more risky; 700 billion with no oversight to government or $25,000 to each adult in the country?

No accountability for the 700 billion bail out money. No one knows who has received how much and what is being done with the money already given. Is this any way to run a government? Of course it is when we are talking about the United States of America.

There will, no doubt, be some bail out for the GM, Ford and Chrysler. They will be handed the billions of dollars needed to appease the UAW and keep the multitudes of high salaried top officials happy. Meanwhile, where is the bail out for all the small businesses in America? Where is the bail out for the beleaguered families unable to make ends meet?

These crooks who parade around the halls of various official looking buildings in Washington should all be hauled before tribunals and sentenced to life in prison for high crimes and misdemeanors against the American people they swore to serve. These people serve no one but themselves and the influential power brokers who tell them how to vote and who to give away money to next.

The corruption in Washington has reached epidemic proportions and has nothing to do with which political party a person belongs to. The vast majority of all Congressmen and women are pawns in the big game being played out by the groups who control the affairs of this nation.

California is burning and no one cares. Texas and Louisiana were steamrolled by Hurricanes Ike and Gustov and no one cared. FEMA is out of money along with the Red Cross and most charities. The only ones with any money are the big banks who just keep getting more and more “loans” from the Treasury and Federal Reserve.

I am tired and I am angry. I have tried to help people in distress and find resources for those in need for a long time. There is no one around to help for all their resources are being spent to stay afloat themselves. The money situation is way past the crisis point in this country. It is at the “there’s no way out” point.

How can those entrusted with the oversight of 700 billion dollars not have a clue where the money is going and how it is being spent? This to me should qualify as illegal or at least grounds for an investigation. But no, we must find billions more to throw at the tired old automobile giants who should have changed their ways years ago. We must throw more and more money at situations which need to resolve on their own.

If the government gave a hoot about us, they would allow us to withdraw one time from our 401K plans and IRAs without the atrocious penalties normally incurred. Sure talk of this surfaced awhile back and then vanished. Many of us will have to pay the penalty soon for we have no other source of money but our retirement accounts.

If the government simply gave every American family $50,000 with no strings attached what would happen? How could whatever would happen be any worse than giving banks hundreds of billions of dollars with no oversight? What would people do with that kind of money anyway?

Most of us would immediately pay off debts. Guess where that money would go? TO THE BANKS. Next up we would pay down on our mortgages. Guess where that money would go? TO THE BANKS AND MORTGAGE HOLDERS. Some of course would spend the money on big screen televisions and computers and furniture, etc. All of a sudden the retailers would make money again.

But this solution is to simplistic for the morons who run this country. To simply give the people the money is irresponsible for they cannot be trusted. Since when can a politician be trusted, especially with money? The government’s response to this whole fabricated financial mess has been convoluted and irrational. But what do you expect from a body of people whose only mission is to make themselves and their cronies rich.

I say give every citizen of the United States over 18 years of age a check for $25,000 with ZERO tax liabilities and no strings attached. Sure it would cost a bundle of money, but nowhere near the 5-10 trillion dollars flushed down the rat holes of the banking and other financial businesses.

Watch would happen to the United States economy within a month if everyone suddenly had $25,000 to work with. Some would invest it, some would spend it, some would save it and many would use it to pay off debts. Regardless, it would be used in a way to stimulate the economy and stabilize not only the financial markets but thousands of household’s budgets.

Of course my plan is only in my dreams and will never happen. Oh well, it was a nice dream for awhile.

Fascist/Marxist Takeover of United States Nearing completion; New World Order to receive marching orders this weekend in D.C.

There are approximately 200 million licensed drivers in the United States. So far, the United States Treasury has doled out around 2 trillion dollars to bail out banks and other financial institutions in their attempt to correct the financial mess. Simple math dictates that if that 2 trillion dollars were to have been given equally to every licensed driver in the United States, each person would have received $10,000 dollars.

The average American family would have received anywhere between $10,000 and $40,000 depending on children of driving age and spouses who drove. IF the every American family had received this kind of money as an “economic stimulus”, there would not be the crisis in banks, automobile manufactures and mortgage companies. There would not be major retailers teetering on bankruptcy and the looming anticipation of tens of thousands of businesses going belly up in January.

But no, the powers that be saw fit to covertly “give away” all this money to institutions with very little or any oversight or accountability. Even now, some of the original beneficiaries such as AIG, Fanny and Freddie are back with hands out demanding more billions of dollars to stay afloat. When will this madness every end?

25 billion dollars to help the big 3 auto makers wasn’t enough to save them. Now we need to “give” them another 25-50 billion dollars to keep them from going bankrupt. Why are we “bailing out” car makers but not major retailers? Why are we “bailing out” banks but not the banks are not “bailing out” individuals who are out of options?

Little has been said regarding the top secret meeting coming up this weekend in Washington with all the top money people in the world gathering to hammer out a “new world order” in the financial realm. Rest assured, whatever these top representatives of the Illuminati, Bilderberg Group, Council of Rome and Trilateral Commission talk about, it will only be to speed up the total revamping of the money system worldwide to accommodate their aims of first regional oversight and currencies and ultimately a true one world financial system.

Only a year ago, such talk would have been nothing but the idle bantering of conspiracy theorists. Now we sit at the precipice of seeing it really happen. The events which have rocked the world’s financial markets and individual country’s economic systems the past few months have literally opened the door to those whose interest has always been to control all the monies of the world to accomplish their goal.

The amounts of money which have been pumped into various nation’s banks and others financial institutions over the past month or so is staggering. Good grief, when a Marxist country such as China even has to pump hundreds of billions of dollars into its financial sector, you know we have major problems. The nationalization of the entire financial sector is nearing completion. All that is left is manufacturing.

Since the election here in the United States proved conclusively that the media walks in lockstep with those who really run this world, the communication realm is basically already part and party to the fascist parties making their power play. With the banks and other financials now firmly indebted and more or less owned by the governments; the financial sector is now under control.

Once GM, FORD and Chrysler get their huge government bailout money and become companies owned by the state; the final piece of the puzzle will be closer to being put into place. Once oil spikes again, the airline business will again be clamoring for bailouts along with the huge companies which make the planes. It is inevitable that very soon the companies which make Semi Trucks, earth moving equipment and the such will demand to be bailed out too. Very soon the entire transportation sector will be to some degree nationalized.

Fascism demands that the government control all avenues of making money, moving goods, communications and distribution of money. Coupled with Marxism, the end result for the common man is “spreading the wealth around” and the reduction of society into a state best exemplified by Cuba. Although highly doubtful that the United States would ever become a totally Marxist country like Cuba, it is heading toward the China and Venezuelan examples.

Going back to my original statement; if the government really wanted to help America, they would have bailed out the people and let them bail out the businesses. But anytime the government bails out the businesses instead of the people, it is a 100% certainty that fascism and Marxism are the driving forces behind the actions. Having said that, I beg any and all who may stumble upon this post, to keep their eyes firmly glued on what is really happening in Washington this weekend, and not what the media is saying happens.

Obama is nothing but a figurehead President elect. He will do as told by his handlers. When all is said and done; the unholy trinity of Clinton, Bush and Gore will welcome with outstretched hands their newest member, Obama, to their little club as they wait for the demise of their elders Carter and Bush Sr. These guys are nothing but front men dutifully carrying out the policies and dictates of those who are rushing this world into the throes of becoming one world.