Jude's Threshold

A Tapestry Blog of Astrology, Politics, Art, and Social Concerns

Posts Tagged ‘Financial Collapse 2008

Senator Bernie Sanders downgrades S&P

Though you’ve probably heard or read this quote before today concerning Friday’s S&P downgrade of America’s credit rating to AA+, I wanted to post it somewhere and since I’ve already published this morning to my Political Astrology site Stats Over Washington, it fits here snugly. Plus, this way I can find it easily whenever I want since truth coming out of Washington DC is often sparse and far between:

“I find it interesting to see S&P so vigilant now in downgrading the US credit rating. Where were they four years ago when they, and other credit rating agencies, helped cause this horrendous recession by providing AAA ratings to worthless sub-prime mortgage securities on behalf of Wall Street investment firms? Where were they last December when Congress and the White House drove up the national debt by $700 billion by extending Bush’s tax breaks for the rich?” – Vermont Senator Bernie Sanders

Yes, where were S&P and other credit raters as they played their role in the engineered, well-timed, long-planned Financial Collapse 2008? To the senator’s words I must add a hearty Amen!

Effects of Jupiter/Neptune linger

Now I know you remember how Financial Collapse 2008 continued to affect the US and global economies all through 2009, the year of the Great Conjunction/s of the inflationary, undermining, fraudulent, and grandly scheming pair of Jupiter and Neptune especially since the duo’s influences are with us still.

So my hope (Jupiter) is that you’ll waft away (Neptune) by clicking for a review concerning the planetary pair of speculation, fraud, and froth along with a May 27, 2011 video of Bob Chapman discussing our global and US financial circumstances.

That is, if you don’t mind entertaining a few brief astro-details concerning finances in the 1930s and Adolf Hitler.

~:~

btw: not to fret if you’re unfamiliar with or mildly fluent in astrologese for SO’W is written in reasonably plain English! jc

Eye on Geithner: where G-Sachs’ bailout $ went

Just wanted to be certain you caught the one about Goldman Sachs’ disclosure of the list of financial recipients from when Goldman paid off its overseas bets using US taxpayer monies under the label “bailout.”

As many have said before me, their fancy financial transactions should have resulted in jailouts, not a bailouts.

So Goldman Sachs was paid twice, minimum.

Meanwhile, we got rooked by banking racketeers which in turn made their hugely obscene bonuses possible. What accounts for their huge, ballooning noggins – like astronauts’ swollen heads in space – only the god of hubris can tell.

But why should he spill the beans?

For as shipping and railroad magnate Cornelius Vanderbilt was fond of saying, “What do I care about the law? Hain’t I got the power?”

Two words for Financial Collapse 2008: 13 Bankers

Economist Simon Johnson often makes sense to me when he speaks of financial things. Now there’s 13 Bankers, a book explaining how and why our financial system was sabotaged and what we can do about it.

Sad to say, it’s doubtful that financial system reformer Senator Chris Dodd has had a chance to read it yet.

Written by Jude Cowell

March 23, 2010 at 5:31 pm

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