Never Let a Crisis Go to Waste Government Is the Problem, Not the Solution JOE LANGE NOV 27, 2023
deposit insurance is the “crack cocaine” of American finance. Do you agree? I think most people believe that deposit insurance is a good thing, because it protects “the little guy.” But does it really? Who else does it protect?
Deposit insurance ultimately protects the untouchables, who are above the law, by placing financial responsibility on the tax payers. The American people are the backstop for every single major financial crisis, and that’s no accident. The little guy is never protected; that’s just a narrative.
More from Entertainment Weekly:
But that’s not what his book is about. Mayer is the first chronicler of the S&L crisis to concentrate on the forest and not the trees.
If the trees are the crooks who took over the S&L industry in the 1980s, then the forest is Washington, D.C., where a combination of naiveté, ineptitude, bad faith, and cravenness made crookedness both likely and inevitable. The government’s deregulation of a once closely regulated industry was bad enough, but by raising federal deposit insurance on individual accounts from $40,000 to $100,000 in 1980, it guaranteed that the new ”entrepreneurial” owners of S&Ls were taking no risks when they gambled with their depositors’ money.
The government became the ultimate safety net, and the S&L industry became a giant Ponzi scheme.
Deregulation along with increased deposit insurance removed the “risk” for those directors running S&L’s around the country. Part of Bush’s deregulation in 1982, allowed S&L’s to make “unsecured” business loans and to invest large amounts in “commercial real estate.” This commercial real estate could now be 100% financed. You didn’t need to put any money down.
These regulation reforms kicked down the door that prevented fraud in the savings and loan industry.
George H.W. Bush was behind it all, and his two sons both profited from it, but they weren’t the only ones.
What was the real purpose behind deregulation and the savings and loan scandal.
To find the truth, you have to dig much deeper.
Real estate is the key.
Just one real estate transaction can launder millions of dollars. The real estate industry isn’t as tightly regulated as the banking industry, so it is much easier to launder money. Do you think George H.W. Bush didn’t know this?
The reason real estate is one of the best ways to launder money is because of the large amounts of money involved. Another big reason is that the price of the real estate can be manipulated to either over value the property in order to launder greater amounts of money, or undervalued so they can purchase valuable property for far less than it’s actually worth.
Deregulation was another “bill of goods” sold to the American people, with a much more devious purpose.
It was the perfect setup for the biggest money laundering operation in history.
In my next article, I would like to share what I believe is Trump’s plan to give the power of the banking system back to the people.
Deposit insurance ultimately protects the untouchables, who are above the law, by placing financial responsibility on the tax payers. The American people are the backstop for every single major financial crisis, and that’s no accident. The little guy is never protected; that’s just a narrative.
More from Entertainment Weekly:
But that’s not what his book is about. Mayer is the first chronicler of the S&L crisis to concentrate on the forest and not the trees.
If the trees are the crooks who took over the S&L industry in the 1980s, then the forest is Washington, D.C., where a combination of naiveté, ineptitude, bad faith, and cravenness made crookedness both likely and inevitable. The government’s deregulation of a once closely regulated industry was bad enough, but by raising federal deposit insurance on individual accounts from $40,000 to $100,000 in 1980, it guaranteed that the new ”entrepreneurial” owners of S&Ls were taking no risks when they gambled with their depositors’ money.
The government became the ultimate safety net, and the S&L industry became a giant Ponzi scheme.
Deregulation along with increased deposit insurance removed the “risk” for those directors running S&L’s around the country. Part of Bush’s deregulation in 1982, allowed S&L’s to make “unsecured” business loans and to invest large amounts in “commercial real estate.” This commercial real estate could now be 100% financed. You didn’t need to put any money down.
These regulation reforms kicked down the door that prevented fraud in the savings and loan industry.
George H.W. Bush was behind it all, and his two sons both profited from it, but they weren’t the only ones.
What was the real purpose behind deregulation and the savings and loan scandal.
To find the truth, you have to dig much deeper.
Real estate is the key.
Just one real estate transaction can launder millions of dollars. The real estate industry isn’t as tightly regulated as the banking industry, so it is much easier to launder money. Do you think George H.W. Bush didn’t know this?
The reason real estate is one of the best ways to launder money is because of the large amounts of money involved. Another big reason is that the price of the real estate can be manipulated to either over value the property in order to launder greater amounts of money, or undervalued so they can purchase valuable property for far less than it’s actually worth.
Deregulation was another “bill of goods” sold to the American people, with a much more devious purpose.
It was the perfect setup for the biggest money laundering operation in history.
In my next article, I would like to share what I believe is Trump’s plan to give the power of the banking system back to the people.
First: 1871, February 21: Congress Passes an Act to Provide a Government for the District of Columbia, also known as the Act of 1871.
America is now AMERICA INC.
Second: The Federal Reserve Act December 23, 1913. AMERICA INC. is now controlled by foreign banks. Your land title, The people i.e. chattel/slaves, your Birth Certificate holds the proof of this.
Third: Emergency Banking Act, March 9, 1933. AMERICA INC. is bankrupt, insolvent. FDR sells AMERICA INC. to the same forgien banks, who now own AMERICA INC., lock, stock and barrel. all US territories, all national lands and parks, ... everything. If that wasn't enough of a betrayal, FDR confiscated all the gold, doubled the price, and wouldn't let you own any until long after his death.
This is what happens when you go public with the naked truth: Representative James Traficant D-Ohio-- The U.S. is Bankrupt. THE [SILENT] BANKRUPTCY OF THE UNITED STATES (CORPORATION):
March 17, 1993 Volume 33, Page H-1303
https://rumble.com/v1q54sl-james-traf...
The Congressional Record:
http://rvbeypublications.com/sitebuil...
With billions at stake, and the threat of America taking the Dominion of Canada from the British Empire, urgent action was required. America was a government “of the People, by the People and for the People”. The enlightened despots in Europe could never accept that the American people could decide their own destiny, and in the process, use their Constitution to declare their public debt to the British null and void.*
More about Bush below
https://badlands.substack.com/p/shado...
https://joelange.substack.com/p/schoo...
https://badlands.substack.com/p/follo...
https://badlands.substack.com/p/the-l...
https://badlands.substack.com/p/a-fam...
Remember the old campy "B" si-fi movies where to save the world the president brought in the MIT rocket scientist to save the day? That really used to happen. And this guy, Jim Anderson, was that man. Any-who. During the Second Gulf war, Jim was again called to the White House to solve some logistical/tactical/technical dilemma they were having. Chaney happened to be present. Now Jim was the calmest, most genial man you could ever meet. Never heard him say a cuss word. When he came back, he swore for the first and only time I had ever heard. His only comment was "Cheney is the most evil man I have ever met". And that was all I could get out of him. Two weeks later, this perfectly healthy man, who jogged fives miles every day, rain or shine, had a sudden and totally unforeseen heart attack and died instantly.
>>297464
Heart attacks can be deadly.
Q
3025
Mar 11, 2019 12:59:43 AM EDT
Q !!mG7VJxZNCI ID: be3a94 No. 5618750
John Perry BARLOW POST January 27, 2018
John Perry BARLOW DEAD February 8, 2018.
Reconcile.
This is not a game.
Q
John BARLOW dig
Who would want to kill John BARLOW?
What benefit would John BARLOWs death provide?
When was John BARLOW murdered?
Did John BARLOW survive a murder attempt only to succumb to its lingering effects eventually?
Washington Post:
Meet the man whose utopian vision for the Internet conquered, and then warped, Silicon Valley
By Jacob Silverman
"To understand where this cyber-libertarian ideology came from, you have to understand the influence of “A Declaration of the Independence of Cyberspace,” one of the strangest artifacts of the ’90s, and its singular author, John Perry BARLOW. Perhaps more than any other, it’s his philosophy — which melded countercultural utopianism, a rancher’s skepticism toward government and a futurist’s faith in the virtual world — that shaped the industry.
“A Declaration of the Independence of Cyberspace” was an utterly serious document for a deliriously optimistic era
BARLOW’s 846-word text, published online in February 1996, begins with a bold rebuke of traditional sovereign powers: “Governments of the Industrial World, you weary giants of flesh and steel, I come from Cyberspace, the new home of Mind. On behalf of the future, I ask you of the past to leave us alone. You are not welcome among us. You have no sovereignty where we gather.” He then explains how cyberspace is a place of ultimate freedom, where conventional laws don’t apply.
When Eric Schmidt describes the Internet, however misguidedly, as “the world’s largest ungoverned space” in his book “The New Digital Age,” he is borrowing BARLOW’s rhetoric. When tech mogul Peter Thiel writes, in “The Education of a Libertarian,” that he founded PayPal to create a currency free from government control and that “by starting a new Internet business, an entrepreneur may create a new world,” it’s impossible not to hear Barlovian echoes. (That grandiose attitude is so common now that HBO has a comedy, “Silicon Valley,” dedicated to mocking it.)"
https://www.washingtonpost.com/opinio...
The above article was published on March 20, 2015
BARLOW suffered a near-fatal heart attack on May 27, 2015. He later reported that he was recovering.
John Perry BARLOW - 187 post name [DROP]
187 = murder
post = Washington Post
Barlovian = name [DROP]
Q suggests John BARLOW was murdered for his ability to influence through his activities in the Freedom of the Press Foundation. The Washington Post article highlights BARLOW's ability to influence wealthy technocapitalists towards his idealistic goals.
@Snowden
You are now a liability.
Freedom of the Press Foundation (FPF) is a non-profit organization founded in 2012 to fund and support free speech and freedom of the press.
Its mission includes "promoting and funding aggressive, public-interest journalism focused on exposing mismanagement, corruption, and law-breaking in government
If wealthy people support BARLOW's idealistic goals then they might help support the Freedom of the Press Foundation's goals, "promoting and funding aggressive, public-interest journalism focused on exposing mismanagement, corruption, and law-breaking in government."
Edward Snowden has moved in to the position which was vacant due to BARLOW's death. Q is stating Edward Snowden is identified as a liability by the same individuals who caused John BARLOW's 187.
Other Unanswered Questions:
Whose crimes are threatened to be exposed by John BARLOWs activities?
Was John BARLOW's relationship with Dick Cheney part of the motive that led to his death?
Was the heart related death of BARLOW's girlfriend Cynthia Horner a botched first attempt to murder John BARLOW?
John BARLOW was engaged to Cynthia Horner, a doctor whom he met in 1993 at the Moscone Center in San Francisco while she was attending a psychiatry conference and BARLOW was participating in a Steve Jobs comedy roast at a convention for the NeXT Computer. Cynthia Horner died unexpectedly in 1994 while asleep on a flight from Los Angeles to New York City, days before her 30th birthday, from a heart arrhythmia apparently caused by an undetected viral myocarditis.
Who adapted Jacob Silverman's book for the Washington Post article?
Jacob Silverman is the author of “Terms of Service: Social Media and the Price of Constant Connection,” from which this article is adapted.
Is the Washington Post article a HIT piece or coincidence?
Q responds
Simple.
We made it public.
Operation closed and cleaned.
Coincidence post drop?
Coincidence No Name [exact 30]?
Coincidence Sen. Graham activated?
In the end, you will be 'shocked' to learn what you've 'essentially' witnessed.
Think NYC bomber 'fireworks' hours prior.
WWG1WGA!
Q
A fellow engineer, Bob, owned a recreational airplane that he kept on base. (We would take it up at lunchtime just for the fun of it) Because he could not convince the sponsor to accept his theory, Jim, Bob and I were going to do this on our own time and at our expense. I was to build and operate the test circuit , Bob would fly, Jim would crunch the data. We were all set to fly Monday morning, Jim died the Saturday prior.
RIP Jim.
When he dressed down, he wore either his Wallace and Gromit tee shirt, or one the read "As a matter of fact, I Am a rocket scientist"
In his office, he had a picture of him and Mr. Rodgers. WGBH studios were just down the street from him.
A close look at the landscape sure looks like a series of atomic blasts... just sayin'
1749
Jul 29, 2018 1:13:56 PM EDT
Q !CbboFOtcZs ID: c016ec No. 2338761
https://www.reddit.com/r/greatawakeni...
Patriots are UNITED in their pursuit of common goals.
>GOOD v EVIL
>RIGHT v WRONG
>HUMANITY
>POWER OVER ANOTHER PERSON IS NOT OK
Patriots are NOT divided.
Borders DO NOT separate us.
We FIGHT TOGETHER.
We are STRONG TOGETHER.
WE, THE PEOPLE!
WWG1WGA!
Q
4724
Sep 16, 2020 2:10:08 PM EDT
Q !!Hs1Jq13jV6 ID: 5dd9f6 No. 10669931
Why did it take an 'outsider' to finally deliver the 'start' of peace in the middle east?
Why did it take an 'outsider' to finally deliver the 'start' of peace in the middle east?
News coverage? Front page(s)?
Missile strike(s) _attempt to terminate?
Peace doesn't sell.
WAR [fear] does.
$$$$$$$$$$$$$$$$$$$$
EVIL and corruption @ highest levels.
Q
It makes sense to INSURE the little guy, so 300 Million Americans use the system and they control ALL of the money.
The real scams are:
1) The Fed Pays NO income tax
2) The Owners of the Fed Collect Dividends with NO INCOME TAX PAID
3) They are NOT AUDITED (and apparently can't be)
4) If we replaced the FED with our own Treasury, who collected WHATEVER % at the Fed Window for banks to Leverage up their balance sheets. (That rate would scale up based on the number of levers... 42:1 Greenspan at Citi).
And that interest would pay all the interest on our debt.
But let's not be adults. Let's keep listening to those who set themselves above the law...
This is likely why they needed him out, and are spending so much on the MI Complex right now. Because the gravy train is likely to end.
But I won't believe anything is better until I see JPM bankrupted with Legal Fees for damages/laundering money.
The architecture PRIOR to that is the problem.
This was just the Candy to get us children to trust the system without understanding how it enslaves us.
So... Imagine if you TOOK AWAY FDIC/FSLIC, etc. insurance. BUT the overall structure did not change...
Then it's even worse for us... BUT Simply more clear that it is RISKY. The bank I bank at has been absorbed about 6 times. It has "not" affected me, because of THIS setup...
Now, when we bail out banks, and guarantee their bad loans (TARP... That piece of crap was much worse). How about GOOD banks being STOLEN and FORCED to become a Fed bank.
For me... The structure is the problem.
And a small change their could actually fix things.
BUT it would strip the wealth and power from the current control masters (aka the Banksters).