Time Bomb | Progressives Destruction of Private Sector Wealth and Control Of Capital and Property

Right Side News ^ | Oct 17, 2010 | Pieter Schoonheim

[RightSideNews]

The sudden and systemic collapse from every market booming to the Al Goresque hockey stick fall off into a precipice in the single month of December 2007 precipitated the Bush Recession, and there are now 3 triggers in place: Time Bomb | Three Triggers, Called Levels 1, 2, and 3 Will Collapse Private Sector Assetts of Unmitigated Proportions Built into FASB 157e regulatory refinancing reprieve is a mechanism for collapsing Private Sector assets based on what’s called Level 1, Level 2 and Level 3 revaluation trigger. These 3 triggers are now in the process of being pulled, the result of which will be a Fed controlled collapse of unmitigated proportions, throwing all US markets into chaos (Real Esate first, watch foreclosures) and are as follows:

[goldendays]

That Government for you

take your and your FAMILY money

and give it to the WORLD.

EVIL

PRESIDENT OBAMA SHELLS A WHOPPING $100 BILLION TO THE UNITED NATIONS

[goldendays]

http://thelastcrusade.org/2010/10/06/president-obama-shells-a-whopping-100-billion-to-the-united-nations/

[Terry Mross]

I’ve been waiting and waiting for the “collapse” and it hasn’t happened yet. After the oil spill turned out to be not that big of a deal I’m wondering if theren’t aren’t a lot of “chicken littles” out there.

[combat_boots]

Exposing the economics of the bank regulatory mechanism and the stealth regulatory tools used by Progressives, such as mark to market accounting imposed and limited to the Private Sector, may be the only positive benefit to the crisis that followed November 9, 2007 stealth imposition of FASB 157 on the Private Sector, while the government, and by extension the Fed and government owned and controlled entities and guarantee programs, retains the exclusive right to value and write up Private Sector assets it refinances and acquires on a hold to maturity basis. This had the political intent to shift control and ownership of capital to the government, and to end Freedom and Prosperity for all but the elite and their chosen. For detail, see articles in http://www.answersforamericans.com.