Replies to post #449867 on $Stock*Shop*Charts*News*Option$

[EZ2]

<<~~ Spot on!!

[CohibaMan]

You know, I wanted to comment earlier on the 'in the tank' news reports I saw on the unemployment numbers released on Thursday. Every week for the past few weeks, when the numbers were LOWER than expected, all the news was "This is GOOD news! Economy getting better!" Meanwhile, everyone new it was BS, that the unemployment percentage was going DOWN because people were giving up looking for work.

WEll, just a few days ago, the unemployment numbers were HIGHER than expected, and what does the news post "Higher unemployment number is GOOD NEWS! Economy improving!"

Simply vomit inducing.

[Tuff-Stuff]

OfTwoMinds<>Money from Nothing: A Primer on Fake Wealth Creation and its Implications (Part 1)

Sunday, March 11, 2012
Money from Nothing: A Primer on Fake Wealth Creation and its Implications (Part 1)

Frequent contributor Zeus Y. explains how the financial system creates fake "wealth" from nothing and why the entire delusional scheme is imploding.



"Only God can create… value out of nothing"—Justice Martin V. Mahoney in First National Bank of Montgomery vs. Jerome Daly.

"(I’m) doing God’s work." – Goldman Sachs CEO, Lloyd Blankfein

Introduction:

What is fraud except creating “value” from nothing and passing it off as something?
Frauds interlink and grow upon each other. Our debt-based money system serves as the fraud foundation. In our debt-based money system, debt must grow in order to create money.
Therefore, there is no way to pay off aggregate debt with available money. More money must be lent into the system to make the payments for old debts. This causes overall debt to expand as new money for actual people (vs. banks) always arrives at interest and compounds exponentially. This process is called financialization.

Cont http://charleshughsmith.blogspot.com/2012/03/money-from-nothing-primer-on-fake.html