The Great Credit-Crunch Hoax of 2008 »
Posted By LibertyKnight 6 months ago in Political News
... also a Great Scare, and such scares invariably serve as pretexts for the rulers' most audacious assaults on the peasants' lives, liberties, and purses. ...
Read Full Story at lewrockwell.com »
1478 Views Share Story 30 Comments Report
RSS Join the Discussion
+ Add CommentComments So Far: 30 (view all)
-
-
-
100%
berkeley5 months, 4 weeks ago
they have officially refused to answer, and congress is going to pretend to not notice.
Reply
-
-
100%
Newperson6 months ago
Thanks LK we will never forget 2008 wow they told us the world would end if we did not give up 750 billion lol how much will 2009 cost?
Reply -
-
-
75%
rightfromwrong6 months ago
more "shock doctrine"
Reply
Everyone should read Klein's "shock doctrine" the elite have it down now. Control the population in particular the poor and middle class through warfare,economic terrorism and right wing brainwashing via the media which of course they own. -
soniyashrmaComment removed: User banned.1 Reply
-
33%
GehlLady5 months, 4 weeks ago
What this scare has done is set the stage for us to accept and support anything the Obama administration wants to do, right or wrong, just as the (very real) terrorism scare of 9/11/01 enabled Bush to make the biggest grab of our rights in the history of the great nation.
Reply-
57%
sinophil495 months, 4 weeks ago
Gehl - Huh??? Are you saying that Bush manipulated and created the credit crunch, the housing collapse, the bank closures, the auto industry failures, the retail industry declines, the stock market recession, etc just to set the stage for Obama's royal ascension? Is Bush secretly a Democrat and helping Obama usurp and consolidate political and economic power? Or is Obama secretly a Republican? Or are they both deep, deep moles brainwashed by and sent to us from China or Russia to take over our government?
Reply
Man oh man! You, Wolfie, soni, and the author of this article have profound problem with paranoia and lack of realistic thought. -
33%
4thchance5 months, 4 weeks ago
Hey GehlLady
Reply
I don't get it, you and many others say we lost some of our rights under Bush.
Would you please name just one right that we lost under Bush, I know of NONE!?
If you do name one or more lost right/s, then please back it up with some kind of proof, other wise no will beleive you.
I'll be waiting...
-
-
60%
dandt16125 months, 4 weeks ago
So what are WE the people going to do about it? NOTHING because WE have ALL gotten soft and comfortable doing NOTHING.
Reply
We have had the same old lying government for eight years and they pulled some good ones on us and now a different bunch of people from the same old status quo government but from the other same old party is going to take power.
If only we could have started out 2009 with a fresh unstained government.-
100%
rightfromwrong5 months, 4 weeks ago
we have to demonstrate on Washington ...
Reply
March 21 for many reasons not just about war but the economic terrorism, psychological terrorism and this agenda of the rich and elites who want to use us a cattle.
Who wants to work in a Walmart...not me. I have already told my friends what to do with me if I ever not know my kids
-
-
100%
Rick78x5 months, 4 weeks ago
Napoleon Bonaparte
Reply
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.”
Below is especially true of most American sheople:
Niccolo Machiavelli
“For the great majority of mankind are satisfied with appearances as though they were realities, and are often more influenced by the things that seem than by those that are.”
On the next one, think Federal Reserve:
President James Madison
“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control of governments by controlling money and its issuance.”
Lincoln knew the truth and let the people know that he knew. Unlike our current Presidents (puppets for the money trust):
President Abraham Lincoln
“The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy.”
Now he really knew:
The Rt. Hon. Reginald McKenna – Chancellor of the Exchequer
“I am afraid that the ordinary citizen will not like to be told that the banks can, and do, create money. The amount of money in existence varies only with the action of the banks in increasing and decreasing deposits and bank purchases. Every loan, overdraft, or bank purchase creates a deposit and every repayment of a loan, overdraft or bank sale destroys a deposit. And they who control the credit of a nation direct the policy of governments, and hold in the hollow of their hands the destiny of the people.”
And one last one - He ought to have known; he helped to establish the Federal Reserve (creature from Jekyll Island):
President Woodrow Wilson
“A great Industrial nation is controlled by its system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world – no longer a government of free opinion, no longer a government by conviction and vote of majority, but a government by the opinion and duress of small groups of dominant men.
“I am a most unhappy man. I have unwittingly ruined my country.”
(President regretted signing into law the Federal Reserve Act) -
0%
KingofQueensS605 months, 4 weeks ago
The beauty of the Great Hoax of 2008, from the perspective of the ruling class, is that is was also a Great Scare, and such scares invariably serve as pretexts for the rulers' most audacious assaults on the peasants' lives, liberties, and purses.
Reply -
100%
DarkWizard5 months, 4 weeks ago
I knew this was a hoax from the beginning as did many others here on Propeller. I mean, President Bush was endorsing the bailout and was even frantic about getting it passed through ASAP! Dead giveaway.
Reply
It is obvious to me that either all of Congress is corrupt or stupid as they agreed to this idiocy!
What gauls me is that I heard more people complain about the Big 3 getting a $25 billion loan from the government than the financial sector/Wall Street getting an unsupervised $700 billion bailout! And, not just on Propeller but also in my conversations outside of Propeller. Insanity!-
25%
4thchance5 months, 4 weeks ago
And it appears Obama is going to just keep running with all this bail out crap. Obama is asking for BILLIONS more...And that my friends is the BIG CHANGE we were promised. I figured as much!
Reply -
-
-
-
100%
tadair9195 months, 4 weeks ago
"You'd almost have to admire the elite's ability to spook the rest of us into blind, unreasoning panic on such a flimsy basis,..."
Reply
Whats really spooky is how many went along with it. Bush, McCain, Obama all pushed for it. Every single one of them. Meanwhile, only a fraction of our representatives sided with the people.
Add a Comment
Sign In With Your Propeller Account
Please keep your comments relevant to this story.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.