the 21st Centoury Decade Retrospective
SARTRE
The 21st Century Decade Retrospective
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Two earth-shattering catastrophes shaped the last ten years. The first 911, the staged terror event that provided the self-justification to wage an endless war against phantom enemies and the second a financial meltdown of the debt ridden international banking system. This has been a frightful decade for America.
Instead of looking at a straight chronicle timeline, the more meaningful approach is to relate events as they apply to a decade of war and loss of civil liberties. From a financial perspective, the 21st century has been a record of continuous weakening of Western economies and decline of a standard of living. The pillars of social and political stability deterioration are the legacy of the last ten years. View the 9/11 Truth Quotations video to understand the significance of the last ten years.
Who could expect the presidential election between Bush-Gore would be so inconsequential at the time. The war party’s intention to usher in an era of perpetual conflict was guaranteed far in advance of tallying the chad count. The fateful day of September 11, 2001 was but a pretend rationalization to strip the few constitutional remands of an expiring Republic. The term Bin Laden would come to describe a state-run ‘PysOps’ hysteria experiment, rather than a real threat to the national security.
The "war on terror" morphed into the ‘war of terror’ with the passage of the Patriot Act. The enactment of legislation that significantly increased the surveillance and investigative powers of law enforcement agencies is the centerpiece of the post 911 domestic despotism. The infamous "Axis of Evil" propaganda parlance intentionally stoked the fires for retribution reprisal. The Bush-Blair collation produced fake evidence of WMDs in Iraq, setting the stage to target their manufactured outrage, against a former CIA asset, Saddam Hussein. With Defense Secretary Colin Powell’s UN speech justifying invasion of Iraq, he "could not escape the reality that this speech greased the skids for death and destruction in Iraq and brought unprecedented shame on our country". Operation Iraqi Freedom starts the last gasp of the military-industrial-complex to colonize oil resources and to encircle Asian aspirations. The "Central Intelligence Agency admits that the imminent threat from weapons of mass destruction was not present before the 2003 Iraq war began".The Department of Homeland Security expands into the domestic Gestapo force, as a jingoistic response to the regime terror that condoned the 911 myth. Democrats sweep into Congress and pave the way for Obama on the promise to stop the oversea madness. Bush wins a second term and promptly proclaims a troop surge in Iraq. Business as usual continues with new bipartisan scandals among House and Senate members. With the damage already done, the troop deployment shifts to an Afghanistan war expansion. Bush claims a second ‘Mission Accomplished’ after the Iraqi elections but GOP loses presidential election to an unknown Senator Barack Hussein Obama. To the surprise of only hard left loyalists, the police state continues and new legislation extends into additional areas of domestic terror. The decade ends with 1 WTC, aka Freedom Tower, reaches the halfway mark. Now watch the DEBT Crisis: The Bail Out and Tarp Totals and the Origins of the 2008 Financial Crisis videos to learn causes of the breakdown.
“I do not regard Fannie Mae and Freddie Mac as problems. I regard them as great assets.”
Barney Frank
On a parallel track, the financial history of the last ten years tells an even more frightening tale. The millennium begins with "President Bill Clinton signs Commodities Futures Modernization Act (CFMA), deregulating the derivatives markets and credit-default swaps. Enron would go on to become the largest corporate fraud in history". The period leading up to the crash has these financial developments according to Wikipedia:
The rapid deterioration of the credit worthiness of loans soars from 2006 to the seminal October 2008 meltdown. Signs of a genuine recovery have yet to materialize. Running a similar course is the derivative financial meltdown. Shifting the debt risk is the essence of derivatives. Naked short selling using derivative instruments are a practice used by hedge funds. Some significant events define the crisis.
Bear Stearns, Lehman Brothers and AIG meltdown trigger the bottom to fall out, causing a global financial collapse. The international banking network implodes along with sovereign debt defaults. Governments incur new record debt to bailout the likes of Northern Rock, HBOS, Lloyds, Barclays, JPMorgan Chase, Citibank, Bank of America and Wells Fargo. Fannie Mae and Freddie Mac attempts a restructure, while Central Banks monetize currencies and the cycle of swaps escalates. Consumer confidence tanks, debt-ridden public face personal bankruptcy, and loss of their underwater houses. Barney Franks and Chris Dobb escape blame from their failed policies as Fannie Mae's executive chairman, Franklin Raines, picked up over $90m in bonuses and stock options.
A basic consequence of the financial depression has raised the disparity in wealth to recent historic levels. William Domhoff provides a pie chart and states: "If we break the data down further we will find that 93 percent of all financial wealth is controlled by the top 10 percent of the country".
The global economy, while on borrowed time before the ultimate financial burst, widens the gap between the super rich and the rest of us. The untouchable cast system is the growth industry of the corporate/state. The cumulative debt obligations of governments, business and consumers are unsustainable. The world economy cannot overcome the burden of paying compound interest on indebtedness to a banking system that creates miraculous money entries on a balance sheet out of thin air. This is the essential reason why the real masters of the homeland security myth are the true terrorists. While the decade was dominated by the twin tower financial fraud, other noteworthy events took place. The following two videos provide a fast pace montage collection of the decade.
This analysis has an American perspective. Europe shares much of the same illusions that plague the United States. The Asian economies seem immune to much of the financial chaos that has shifted wealth away from the post WWII power centers. The security breaches that befall India, Indonesia and Africa seem minor in comparison to the instability of the Middle East.
The undeniable beneficiaries from the disruptions in the first decade of the new century are the cabal of New World Order "Mattoids". Anti-democratic tyrants control western nations. The model for the next decade and the foreseeable future is the Chinese police state. The impact of this conclusion is demonstrated in this year ending news report in the Daily Mail.
Money is more powerful than guns and bullets in this New Age global slave plantation. The reason why Open Borders will not be closed is that the destruction of America’s independence is a primary goal of the NWO. The domestic war on liberty requires the elimination of patriotic dissent. Official terror policy is aimed at us. No rational and informed citizen can any longer argue that the Republic can be restored. The last decade buried the corpse and incinerated the body of laws that once ruled a free people. The impending fate of the apathetic sheeple that allowed the crimes of this century to go unpunished is bleak. While hope is eternal, tyranny is inevitable. SARTRE – December 26, 2010 http://batr.org/gulag/122610.html |
