Vatic Note: This Vatic Note is very long, but its that way because it offers a completely different take on the same set of events that ended in the crash of our first world economy, now dropping down to 2nd world economy. Its up to give you a choice and to see which one makes more sense to you given all the facts, some of which were left out below, either unintentionally or intentionally. I have not decided on that yet.
This is about the crash of 2008. As you can tell this is a very big sore spot with me. I was so mad about it that I actually reported the fraud I saw occur to the FBI who actually took the report both by phone and fax. I explain in the last paragraph of this note, how that ended.
He was right, to a degree, about who was responsible all along the process of doing these toxic loans, but he does not mention the combination of doing those loans with the simultaneous undermining of our economy intentionally by the same powers that created the toxic products for the stock market to sell. It was not a case of the right hand not knowing what the left hand was doing, in fact, it was a case of both hands knew exactly what they were each doing and why. It was anything but incompetence, in fact it was brilliant, once you view the objective in mind that they had.
The bankers were well responsible for offering such a "First time ever" very risky product and putting it together to sell to investors on Wall street, however, at the same time, the federal reserve was doing everything in its power to destroy our economy by pushing rates so low, that everyone who could put in for a loan, and then the wall street firms began the betting, which is called derivatives bets, which normally are not allowed, except under SEC scrutiny, and destroying the economy putting mortgage borrowers out of work, would have insured that the loans defaulted, so you see, there was a plan to all of this striking at the heart of the American economy, so why? That is the question both my vatic note and this video will try to answer, however, they probably will be different answers from each other. I will explain why later.
Read more here:
LINK: http://vaticproject.blogspot.com/2013/09/a-must-read-men-who-crashed-world-2008.html
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