[The solution is as easy as pie] "Horrific Derivatives Bubble that Could One Day Destroy the Entire World Financial System," by Michael Snyder

The Horrific Derivatives Bubble That Could One Day Destroy The Entire World Financial System - Blac

Tom Usher wrote or added | "The truth is that we should have never allowed world financial markets to become a giant casino.

"But we did.

"Soon enough we will all pay the price, and when that disastrous day comes, most Americans will still not understand what is happening."

The truth is also that this is triply sad because this is all old, old news. I wrote about it and wrote about it, but no one wanted to talk about it. No one comments on these articles. Their eyes gloss over. They don't even try to understand these ridiculous "securities."

The truth though is that they aren't that hard to understand. The truth is that the whole system needs to be rolled back to before these insane things were rolled out. You will here people complain that these things are used to hedge things such as commodities values — farmers use them. However, they don't stop anywhere near any level of practicality. They are made deliberately untraceable in fact.

The money is created in the form of transaction fees earned by those who trade for others in these markets. The trading is done via computer algorithms that are designed so that bubbles are inevitable.

The taxpayers are the marks. The conmen get the tax bailouts and the Republicans vote for the politicians those cons have bought off for peanuts.

It could be ended immediately if only the people would stop voting for leaders bought off by the banksters who are behind this house of cards.

Annie Greengirl

we are paying the price now........and will c ontinue too

Tom Usher

True. It is going to take a huge event to change things — much bigger than 9/11 and the wars in Afghanistan and Iraq and this current depression that they are lying about calling it a slowing recovery. It's all smoke and mirrors. There are tens even hundreds of trillions in total junk "assets" that the Federal Reserve is hiding from the tax payers.

Annie Greengirl

this crap happens in every administration, so flippin tired of all polititions!

Tom Usher

You are right, Annie. There is no example in history where leadership that was allowed didn't resort to doing what was worse for the people than what has always been right there that the whole people could have chosen. People follow the wrong shepherds. They are taken in. They are conned. That happens due to the selfishness that they, the people, refuse to overcome for whatever reason. Until selfishness is no longer the standard, humanity will never be healthy.

The only right thing to do is face the evil past and reject it from then on out. Jesus got it and did it. He is the perfect example.

Certainly Mohammed is not the exemplar of righteousness. We can't condone raiding caravans, slaughtering people for war loot, stealing other peoples possessions especially by force of arms, taking people into slavery to keep them or to sell them, raping women and girls taken in war, etc.

How people can equate religions is beyond the pale. There just is no equality of Jesus and Mohammed, for instance.

Some billion people on the planet need to turn from the voice that called them to do all the wicked things I just described.

There are tens of millions more who are deluded into thinking that Jesus likes all the greed and violence and depravity that America largely represents (not all of it, as there are Americans who are anti those evils).

The billion or so Hindus often have the completely wrong idea as well what with their unholy caste system (classism, elitism).

I don't know how many Buddhists there are, but certainly a large number of them are violent warriors and uphold evil, worldly hierarchies.

As for Judaism, well, real Christianity is real Judaism while that which came out from the Talmud is false-hearted, as Jesus made very clear as recorded in the Gospels that the Muslims even deny.

Secularists on the other hand think that Jesus didn't bring the enhanced word of God. They believe that they have what knowledge they do concerning right from wrong by reason of material, anti-spiritual "knowledge" or "science." They don't credit the spiritual who came before them and made the words known. It's a shame that they don't credit Jesus for his teachings, which are the highest teachings any human being has ever heard or seen.

Peace and truth (the same),

Tom

Tom Usher

Thanks Finbar Cafferkey.

Donate


The following should appear at the end of every post:

According to the IRS, "Know the law: Avoid political campaign intervention":

Tax-exempt section 501(c)(3) organizations like churches, universities, and hospitals must follow the law regarding political campaigns. Unfortunately, some don't know the law.

Under the Internal Revenue Code, all section 501(c)(3) organizations are prohibited from participating in any political campaign on behalf of (or in opposition to) any candidate for elective public office. The prohibition applies to campaigns at the federal, state and local level.

Violation of this prohibition may result in denial or revocation of tax-exempt status and the imposition of certain excise taxes. Section 501(c)(3) private foundations are subject to additional restrictions.

Political Campaign Intervention

Political campaign intervention includes any activities that favor or oppose one or more candidates for public office. The prohibition extends beyond candidate endorsements.

Contributions to political campaign funds, public statements of support or opposition (verbal or written) made by or on behalf of an organization, and the distribution of materials prepared by others that support or oppose any candidate for public office all violate the prohibition on political campaign intervention.

Factors in determining whether a communication results in political campaign intervention include the following:

  • Whether the statement identifies one or more candidates for a given public office
  • Whether the statement expresses approval or disapproval of one or more candidates' positions and/or actions
  • Whether the statement is delivered close in time to the election
  • Whether the statement makes reference to voting or an election
  • Whether the issue addressed distinguishes candidates for a given office

Many religious organizations believe, as we do, that the above constitutes a violation of the First Amendment of the US Constitution.

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

That said, we make the following absolutely clear here:

  • The Real Liberal Christian Church and Christian Commons Project not only do not endorse any candidate for any secular office, we say that Christianity forbids voting in such elections.
  • Furthermore, when we discuss any public-office holder's position, policy, action or inaction, we definitely are not encouraging anyone to vote for that office holder's position.
  • We are not trying to influence secular elections but rather want people to come out from that entire fallen system.
  • When we analyze or discuss what is termed "public policy," we do it entirely from a theological standpoint with an eye to educating professing Christians and those to whom we are openly always proselytizing to convert to authentic Christianity.
  • It is impossible for us to fully evangelize and proselytize without directly discussing the pros and cons of public policy and the positions of secular-office holders, hence the unconstitutionality of the IRS code on the matter.
  • We are not rich and wouldn't be looking for a fight regardless. What we cannot do is compromise our faith (which seeks to harm nobody, quite the contrary).
  • We render unto Caesar what is Caesar's. We render unto God what is God's.
  • When Caesar says to us that unless we shut up about the unrighteousness of Caesar's policies and practices, we will lose the ability of people who donate to us to declare their donations as deductions on their federal and state income-tax returns, we say to Caesar that we cannot shut up while exercising our religion in a very reasonable way.
  • We consider the IRS code on this matter as deliberate economic duress (a form of coercion) and a direct attempt by the federal government to censor dissenting, free political and religious speech.
  • It's not freedom of religion if they tax it.

And when they were come to Capernaum, they that received tribute money came to Peter, and said, Doth not your master pay tribute? He saith, Yes. And when he was come into the house, Jesus prevented him, saying, What thinkest thou, Simon? of whom do the kings of the earth take custom or tribute? of their own children, or of strangers? Peter saith unto him, Of strangers. Jesus saith unto him, Then are the children free. (Matthew 17:24-26)

  • Subscribe


  • Tom Usher

    About Tom Usher

    Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.
    This entry was posted in Uncategorized. Bookmark the permalink.