‘US Waves Goodbye To Prosperity And Democracy’
Sorcha Faal, and as reported to her Western Subscribers
[Quoting from business.theage.com.au/business/us-waves-goodbye-to-prosperity-and-democracy-20080907-4bhr.html# ] “Today we are seeing panic at the top while Joe Sixpack is behaving with the sort of calm we should be seeing at the top.”, warns top Australian financial journalist David Hirst in his frightening report titled “US Waves Goodbye To Prosperity And Democracy” and whose word are worth repeating here:
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To the staggering magnitude of this catastrophic financial event we can read as reported by
To how this first-ever Nationalization of corporations by the United States Government will affect its citizens it is almost beyond describing in any other terms than the largest theft in human history as these unsuspecting peoples, and without having had any say in the matter whatsoever, are now saddled with the added catastrophic debt of over $5.3 Trillion, and which adds to the nearly $10 Trillion they already stand obligated to pay.
Even worse for these Americans, is that not only have they been saddled with this horrific financial burden, the losses they will suffer will total in the billions of dollars more as their 401K retirement programmes, and who are substantial holders of these mortgage giants debt, will be lost entirely as with the US Nationalization of Fannie Mae and Freddie Mac they will be totally ‘wiped out’ as the only debts to be paid will be to the foreign central banks, like China’s and Russia’s, holding substantial shares in these now bankrupt companies.
To those Americans we had been warning for past few years of these events now occurring (such as our June 28, 2007 report titled “US Banking Collapse ‘Imminent’ Warns French Banking Giant” we could not counter their all pervasive propaganda media outlets who even as late as August 28th were stating, “While analysts have said fears over Fannie and Freddie may be overblown—Lehman Brothers is projecting that Fannie may not need to raise more capital—the companies are still expected to post steep per-share losses through the year, and the stocks themselves are widely considered unstable.”
It goes without saying that the average American, Joe Sixpack, doesn’t even have the ability to understand this seismic shift that has just occurred to their once great Nation, but this cannot be said of the peoples of other Nations…such as those of Brazil and Argentina who in rapid response to these US actions signed an emergency pact to ban the US Dollar from being used in export payments made between these two South American Nations.
Russian economists are further stating that many more Nations will also rush to enact new laws to ban the use of US Dollars as almost all of the OPEC Oil Nations have already done and which will ultimately lead to the total economic collapse of the
Though staring these Americans right in their very eyes, this new financial catastrophe is but one more piece of the greater puzzle called Total World War, and which even to this very moment they still fail to comprehend, and in failing to do so prepare themselves more as victims than as survivors of the greater apocalypse to come.
[Ed. Note: The United States government actively seeks to find, and silence, any and all opinions about the
Translation to Spanish by: Sister Maru Barraza,
www.whatdoesitmean.com/index1136.htm