Financial Terrorism Works: How the Neoliberal Party Destroyed America

by Scott Creighton

The first step is to come up with a plan. The Plan should achieve several objectives…

1. remove restrictions and regulations that protect the public from schemes like this…

2. undermine the public sector’s financial stability with the housing bubble and create panic once regulations and oversight are removed…

3. use that atmosphere of panic to protect the financial institutions that created it and push for full implementation of the IMF’s structural reforms on the public sector

Cutting expenditures, also known as Austerity. (cuts to Medicare, Medicaid, SCHIP)(Obama’s National Commission on Fiscal Responsibility and Reform)

Focusing economic output on direct export and resource extraction, (Obama Opens Up Off-Shore Drilling Rights to be sold off)

Devaluation of currencies,

Trade liberalization, or lifting import and export restrictions,

Increasing the stability of investment (by supplementing foreign direct investment with the opening of domestic stock markets),

Balancing budgets and not overspending,

Removing price controls and state subsidies,

Privatization, or divestiture of all or part of state-owned enterprises, (also privatization of Social Security, defense budget)

Enhancing the rights of foreign investors vis-a-vis national laws,

Improving governance  (meaning place governance in PRIVATE hands) and fighting corruption. (yeah… right)

4. massive transference of wealth from public sector to a few elite corporate owners, Wall Street banks and Hedge Funds, and stock holders

(UPDATE: Since writing this article, it has come out that Goldman Sachs, the firm I focus much of this article on, has just announced it will payout $5 billion dollars in bonuses (money over and above their huge salaries) to its employees for 3 months of work.)

5. ensure other nations are affected by collapse then use global panic to install a “global financial governance system”

And this is how they did it…

Goldman Sachs is Scum

It’s financial terrorism. It’s just that simple.

Keiser says “Oh. You mean after Building 7 collapsed on 911, you can’t get the records anymore? Oh how convenient.”

Keiser says “Federal Reserve Bank, Bank of England, the European Central Bank… they are report to the Bank of International Settlements. And that’s another black box, a corrupt institution. They are thriving in the darkness.”

The other guy argues the way to fix this corrupted system is too create a new even bigger International Monitary Fund. Now, it was the desire to impose IMF type structural reforms that got us here in the first place and this guy, the other guy being interviewed, is suggesting the way to fix the world economy is to further empower the IMF and a global currency.

The other guy says… “The way out is to build a new system that is global, with world governance…”

Part 1