Now that the latest phase of a multiple phase Operation Distraction-Government-Shutdown-Emergency-Mission has been accomplished, we can look at the real goals and accomplishments of the central planners.
The central planners now have achieved unlimited spending authority.
No budget restraints, or ceiling; heck with no budget they can fund and finance anything!
Congress is no longer holding any “purse strings”.
What a great ACT.
Are you ready for the encore? ~ Ron
DC: District of Crime
The most toxic asset in the world the US Treasury notes ten year yields began to fall back into “favorable” rates. How can this be when you had the ten year peaking slightly over 3% making many holders of US debt extremely nervous. Thanks to this shutdown every aspect of the real estate industry has been frozen. I mean every aspect.
Never before in the history of the market has it been so ripe for a crash. Never before has a market been so overvalued, lacking volume, with NO real VALUATIONS at all. It is the perfect environment to destroy the wealth of the remaining investors to the tune of trillions. They will call this mini-crash a “Correction”. – V, Guerrilla Economist, Q Alerts
Coupled with this was the growing concern over tapering QE infinity, and the question of whether the Fed’s actions had finally reached the point of diminishing returns. However, because of the shutdown, and the fear generated by the phony rhetoric over potential defaults, that debate has been quashed and the expectation now is that QE will continue unabated into the near and reaching future.
Franklin Roosevelt is quoted as saying, ”The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government of the U.S. since the days of Andrew Jackson.”, and this belief is more relevant today than 70 years ago as the government entrenches fully into a fascist state. When we realize that no debate over the budget and debt ceiling was ever started before the shutdown took place, and that their temporary solution took less than a day to hammer out, it overwhelmingly proves the point that the recent political theater in Washington was nothing more than a side show to cover up the work the banksters were doing behind the scenes to achieve several goals and protect themselves from the mess their policies had created.
Read Full Report: secretsofthefed.com
Here is a reminder in case you missed this call-out of the U.S. Congress
Because the mainstream media isn’t telling.
Following weeks of bizarreness coming out of D.C., now we have this. The House stenographer was pulled off the floor after an outburst
*Last Updated 24 Oct. 2013