We've all been wondering "how did they do it," knowing as we do that sub-prime mortgage loans are funded using the exemption, meaning the banksters never really used their own funds to grant any loans in the first place.
Here is the explanation from Alex Jones, courtesy of tonight's Coast to Coast am radio program: "Alternative media activist *Alex Jones* <http://www.infowars.com/>discussed the pending economic collapse and its relation to the New World Order. Several years ago, he warned that banks were planning to artificially implode the subprime mortgages, and now we've seen that come to pass. "A thousand trillion in fake assets were leveraged out by select international private banks, who used the "false paper" to buy up things such as media companies, defense contractors, shipping companies, and mines -- then the real assets were "fenced" into key infrastructure leaving the big brokerage firms and banks as hollow fronts ready to fall, Jones explained. The public is then told "you will be in a depression," unless you sign on for the bailout, he continued. "The proposed $700 billion federal bailout plan will actually end up costing $5 trillion, he declared. This plan, if enacted, will lead to 20-40% inflation in the next 2-4 years, and the military/police will be employed for crowd control in the face of civil unrest (related article<http://www.coasttocoastam.com/shows/2008/09/%20http:/www.infowars.com/?p=4803>), Jones cautioned. He also spoke about "false flag" events such as a faked UFO landing-- a New World Order plan to instill mass panic and control. Such an event could be enabled by the Pentagon's giant hologram projection systems, he noted." So, that's how they did it! -- Sharon :( *** DISCLAIMER: Free Speech Only. For educational and/or entertainment purposes only. Not intended to be construed as legal, medical, financial, religious, or other advice. Without Prejudice, Without Recourse, All Rights Reserved, No Liability Assumed, No Value Assured. Read at your own risk!***
