Friday, October 31, 2008

Grand Theft America: "All Your Wealth Are Belong to Us" (Glen Allport)

Glen Allport, author of The Paradise Paradigm, writes on how our power and wealth have been stolen from us and funneled to the economic elite:

"What the Bail-Out does is saddle the country and all its 'taxpayers' with new trillions of debt and makes it such that every 'taxpayer', regardless of how wise, cautious and frugal he may be, owes loads of Federal Reserve Notes (money) to the Federal Reserve Banking system. What will the 'taxpayers' receive for this new tax saddle? The answer is that they have received and will receive nothing. Almost all of the Bail-Out money goes to the corporations whose errand boys like Greenspan, Paulson, Bernanke, Dimon, Mozilo and Fuld carried out the debt trap that was set 9-10 years ago." [emphasis added] ~ John Olagues, The Real Reason Behind the Bail-Out

Nearly a century ago, two audacious mechanisms were put into place to drain wealth and power from the American people and to funnel that wealth and power to an elite. Today's crisis has arisen because essentially all of our wealth and power has by now been taken from us, and the illusion of normalcy can no longer be maintained.

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