The Number 1 Source of Money

Sorry but if the standard 25% down on non so called "sub-prime mortages" was still standard operating procedure...10's of millions more people would have been not normally eligible for a home so called "loan".

And Alan is right...He's not the cheerleader for the FED anymore or the just think positive ignore the negative religion...

In 1944 the USA was made the demand of the global system with the US dollar made the global trade medium of exchange taking over from England and the pound stirling...want or need to buy anything on the Global market...raw materials...finished product...services...You need US dollars...

Well then where do US dollars come from? US consumers...where do they get them from...

Most here think that there's a magic printing press at the FED and that the FED prints money and I guess hands it to you all but none of you seem to remember getting this hand out but you all assure me you are getting it and then you use that hand out of free money to pay your bills and buy all the stuff you buy...

The Number one source of US dollars INFLATING THE WORLD ECONOMIC SYSTEM...is US real estate...

A US consumer wants/needs to buy a house...but does not have the money required to buy it...they request a commercial bank to manufacture it...then Buy the house, appartment, condo...etc...

All that money floods out into the US economy...and workers work for all that money and generally every two weeks get a paycheck...their cut to blow how they see fit...maybe buying a few pairs of socks so that a worker in China making the socks has a job so that they can buy a pair of socks...

If US consumers collapse and stop requesting more and more money to be manufactured...the flood of US dollars out into the rest of the world that sustains the THE WORLD ECONOMIC SYSTEM...slows then stops...the INFLATING WORLD ECONOMIC SYSTEM..slows then stops...and implodes.

Since 1944 to now the rest of the world has become more and more dependant upon the US consumer to sustain the inflation of the rest of the world...

The US consumer goes down...the rest of the world goes down...and the number 1 source of money to sustain the US consumer is US real estate...

It slows then stops...the US consumer slows then stops...the flood of US dollars out into the rest of the world that sustains the THE WORLD ECONOMIC SYSTEM...slows then stops...the INFLATING WORLD ECONOMIC SYSTEM..slows then stops...and implodes.

But why is the US real estate market slowing? because US consumers are slowing...because after 6 decades they are reaching the maximum potential of their ability to request commercial banks to manufacture more and more money...to buy more and more real estate at higher and higher prices...

And the rest of the world's consumers are just as in debt up to their eye balls as consumers in the USA...the rest of the world's consumers just like the consumers in the USA need US dollars to service the continued existance of their debt which is also the circulating money supply...the supply of US dollars slows then stops and every contract on Earth that depends upon inflation greater than previous inflation of the money supply to service it's continued existance...will be busted with no way to pay...

Poof game over...

Larouche says the [Mortgage Forgiveness Act] plan is not going to work...here's the Larouche so called firewall...

"The Lyndon LaRouche Political Action Committee is mobilizing to get Congress, on return from recess after Labor Day, to enact the Homeowners and Bank Protection Act of 2007. This is legislation that Lyndon LaRouche proposes as the only means, at this late date, for stopping millions of home foreclosures and evictions this year and next, and for launching a larger process of bankruptcy restructuring of the U.S. and global dollar-based financial system, which is now already doomed. Governors and state legislators all across the United States will enthusiastically join in this effort, which some leading bankers and Democratic Party figures, briefed on LaRouche's proposal, have already declared is "doable" and the "only salvation" for the American people.

Here are the essential features of the Homeowners and Bank Protection Act of 2007:

1.Congress must establish a Federal agency to place the Federal and state chartered banks under protection, freezing all existing home mortgages for a period of how ever many months or years are required to adjust the values to fair prices, restructure existing mortgages at appropriate interest rates, and write off all of the cancerous speculative debt obligations of mortgage-backed securities, derivatives and other forms of Ponzi Schemes that have brought the banking system to the point of bankruptcy.

2. During this transitional period, all foreclosures shall be frozen, allowing American families to retain their homes. Monthly payments, the effective equivalent of rental payments, shall be made to designated banks, which can then use the funds as collateral for normal lending practices, thus recapitalizing the banking system. Ultimately, these affordable monthly payments will be factored into new mortgages, reflecting the deflating of the housing bubble, and the establishment of appropriate property valuations, and reduced fixed mortgage interest rates. It is to be expected that this process of shakeout of the housing market will take several years to achieve. In this interim period, no homeowner shall be evicted from his or her property, and the Federal and state chartered banks shall be protected, so they can resume the traditional functions, serving local communities, and facilitating credit for investment in productive industries, agriculture, infrastructure, etc.

3. State governors shall assume the administrative responsibilities for implementing the program, including the "rental" assessments to designated banks, with the Federal government providing the necessary credits and guarantees to assure the successful transition.

By September-October, unless this legislation is enacted as a first order of business of the 110th Congress in September, many millions of Americans will be evicted from their homes, setting off a process of social chaos that must be avoided. The freezing of foreclosures is the vital first step in a thorough reorganization.

Under this plan, the Federal Reserve System will be, itself, put through bankruptcy reorganization, and transformed into a Third National Bank of the United States. As developed in Lyndon LaRouche's just-released draft platform for the Democratic Party, these actions shall be complemented by the creation, by treaty agreement among leading nation-states, of a new Bretton Woods System, based on fixed exchange rates, and long-term treaty agreements for large-scale development projects on a global scale.

LaRouche said the foreclosure tsunami is occurring, not in a mere housing crisis or mortgage crisis, but a disintegration of the entire global financial system. There is no bottom to this collapse—unless a legislative fire-wall is created now, and a halt to the income drain on the population, brought on by the hyperinflationary debt bubbles created by Alan Greenspan and his ilk."

Don't have to worry about the system imploding at some future point...the above would cause an implosion the instant it was implemented...

Unfortunately people are not going to accept defeat until it's impossible to reject defeat.

It's inflation greater than previous inflation to maximum potential vs. inflation less than previous inflation to maximum potential...Inflation greater than previous is not going to give up until It can no longer continue fighting...

You all think you are going to win the game you are playing...unfortunately when inflation greater than previous inflation to maximum potential reaches maximum potential and transforms into inflation less than previous inflation to maximum potential...It's game over and you all are going to lose.

During the "inflationary" phase of the cycle it's they who gain the most that win...but during the "deflationary" phase of the cycle it's they who lose the least that win...

The top sucks from the bottom so it's always the top that wins...

During the inflationary phase the top (not you) aquires more and more shoe polishers (You)

During the deflationary phase the top (not you) eliminates more and more shoe polishers (You)

The bottom pays the top who then take their cut and pay the bottom...

Unfortunately the bottom has a finite ability to pay the top...and when the bottom reaches it and can't pay the top what the top needs to satisfy the demands of the bottom...The top can't pay the bottom any more...and the top has to lower the amount they pay the bottom or eliminate what they pay to the bottom altogether...

Hint...Why manufacturing jobs have been exported out of the USA to low wage and slave wage zones...

Sure the top could just print money to keep you all fed but unfortunately that would not postpone the inevitable for much longer.

Don't think your employers operate their enterprise properly? Well then go to work and tell your employer you are taking over...then operate it properly...simple as pie...right?


There is only one key rule that all the other rules of the game depend upon...don't get caught breaking the rules of the game.

That's how a system of rules works...You are only lying, cheating, and stealing if you are caught...

Ever traveled faster than the posted speed limit...then you are a cheater...But if you are not caught...You are not a cheater...

Any of you have pirated software on your computers?

No need to say yes or no...Any microsoft product you have that you didn't pay for tells microsoft about it the moment you connect to the Internet.

Microsoft knows whether you have Microsoft software on your computer that's not paid for...

Corporations have enough money to pay Microsoft's legal expenses when Microsoft catches them with unpaid for software...A warrning shows up first.

You don't have enough money to pay for Microsoft's legal expenses...So you are allowed to believe you are not caught...breaking the rules.

You may think it's not good to lie, cheat, or steal...the other players of the game you are all playing can and will think differently...

They do have a GOD given ability to do so...Or else it would be impossible to lie, cheat, or steal...


Reguardless...when Rome collapsed it shattered like glass into 100's of semi nation states...the same will happen again when central control fails to maintain the integrity of the collective...

The world government plan always looks good on paper...but a nation can be a billion or 1...The only way to take over the whole world is to kill off everyone except yourself...key problem is that at the start when the population is asleep it seems very easy...Until humanity wakes up...it then annihilates the threat to it's continued existance...then goes back to sleep.

Many billions of nations have ceased to exist over the past 6000+ years...but Human beings have an ability to reproduce quicker than they cease to exist...

Oh there will be World Government at some point...when human beings give up their cherished delusions...until then they will fight to the death protecting them...

Constructing a One World Government being one of the cherished delusions they have to give up...

It will happen when it happens...or it never will...And so far trying to cause it to happen before it is possible the past 6000+ years has been impossible.

I see zero evidence that this latest attempt is any different than previous attempts to turn a cherished delusion into truth...it's impossible...all the previous attempts resulted in a shattering of the cherished delusion...This attempt will also result in a shattering of the cherished delusion.

Humanity will at some point wake up from the daydream into the nightmare and annhilate the threat to it's continued existence...then go back to sleep and dream again...