Tim's Atlanta Real Estate Blog: When You Give a Pig a Pancake

When You Give a Pig a Pancake

The world runs on trust.  When you can't trust someone, you stop doing business with them.

I'm feeling that way with the government and the Federal Reserve. You can't trust  a word they say anymore.  Paulson says that he changed his plan about the bailout before the legislation was even passed.  It would have been nice if he told everyone ahead of time. 

Then the members of Congress told us that the $700 billion was going to go to buy up troubled assests to unclog the banking system.  We were assured that the money would be used to help domestic banks and there were plenty of safeguards to make sure that the money wouldn't go to bonuses for the bank managers. 

We see in their own words that all this was just a bunch of lies.  Watch the video below and I hope you begin to get mad as hell about all of this.

They've been lying about social security forever.  There's no trust fund that they can put in a lockbox.  It's all one big Ponzi scheme that would get a regular person prison time without question. 

Can anyone really have any trust in the whole banking and money system after you see how they lie?

But as it stands now, there's not much you can do to boycott the system as long as the FED has control of the money system.  If we'd all stop paying taxes, all they would have to do is print more money.  They do this already.  It's the invisible tax we call inflation. As long as they have power to create money from nothing, they have the power to do whatever they want. 

The system is totally corrupt.  We need to put an end to the FED and create a system based on money you can trust. 

I trust gold and silver as money.  It's more than just a promise. It's something of real value that can't be created out of thin air like our fiat money can.  Politicians hate it because it puts limits on how big govenment can grow.  Since we see how little you can trust these guys, I think it would be great to have the system structured to keep itself contained. 

My kids used to have a book, "When You Give a Pig a Pancake".  The pancake here is the Federal Reserve system.  We're always going to have the pigs, so we better be careful what we feed them or we'll be like "Animal Farm" where the pigs take over the farm. 

 

3 commentsTim Maitski "Video Agent Guy" • November 17 2008 09:41PM

Comments

This whole situation is very troublesome. There is plenty of blame to spread around ! I hope that some new leaders will step up to the plate! I can't believe what a joke Paulson pulled! He should be FIRED and all monies he is entitled to should be applied to the bailout.
Posted by Joan Whitebook, ABR,e-Pro,CEBA Southern New Hampshire (Buyer's Option Realty Services) about 1 year ago

Its like when Alan Greenspan who I consider to be one of the worst economists ever (whatever his job actually was) to say that when it comes to capitalism he basically never knew that greed could be a major factor and influence the system. Yet anyone who has ever taken Econ 101 knows for a fact that greed and corruption are the Achilles heel of capitalism. I am not stupid and I am not an economist yet I apparently know more than this guy.

Posted by Shane O'Gorman Eau Claire Wisconsin Real Estate Agent & Realtor- Buy or Sell (Eau Claire Realty, Inc.) about 1 year ago

It started back with Greenspan...the trust erosion just continued.

Posted by Michael Caruso Real Estate Group about 1 year ago

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