yesterday bobswern posted a brilliant diary Game over.....welcome to the final chapter of "The Quiet Coup."
http://www.dailykos.com/...
This morning I came across an article that further enlightens what's really go beyond the scenes that gives more credence to bobswern's observation ( which I agree with 100% )
Bank Lending Plummets as Wall Street Strangles Economy
http://www.viewsflow.com/...
some article snippets on the flip that will make you see red
The only reason why this has not already been translated to soaring price-inflation (i.e. double-digits or greater) is because the Oligarchs and the U.S. government have demonstrated that they are willing to sacrifice all the rest of the U.S. economy – solely to prevent the banksters from drowning in their own financial feces.
The Fed gives the Oligarchs all of its freshly-printed Bernanke-bills (at 0% interest). However, instead of lending any of the money (as they promised), the banksters deposit all of it into their own "savings account" at the Federal Reserve (where they get paid 1% interest on all the money they borrowed for free).
The Fed then uses these "deposits" to buy-up every U.S. bond in sight – to artificially depress interest rates so that the Fed can continue to funnel trillions of dollars (at 0% interest) to the banksters, while also preventing the largest bubble in history from imploding (the U.S. Treasuries bubble) and allowing the Oligarchs to create a second housing-bubble (along with the U.S. government's, sub-prime, zero down-payment mortgages).
A wonderful "pie-chart" illustrates the massive over-supply of U.S. debt, perfectly. As you can see, the U.S. (with 5% of the world's population) is attempting to steal roughly 2/3 of global savings – in order to (temporarily) prop-up its hopelessly insolvent economy. Given that the U.S. hasn't paid back a penny of its borrowing in 50 years, and has no possible way to pay-back a penny of what it is scamming from deluded creditors today, it is impossible to characterize what the U.S. is attempting to do in debt-markets as anything other than "stealing".
http://static.seekingalpha.com/...
Read the while piece.
bobswern is 100% right.....Game over.....welcome to the final chapter of "The Quiet Coup."