What just happened over the week end.
There is a story on CNN that leads: “Federal regulators converted Wall Street’s remaining stand-alone investment banks, Goldman Sachs and Morgan Stanley, into bank holding companies Sunday night. What that means, reports CNNMoney.com, is the end of the era of the Wall Street investment bank, a storied institution that traded stocks and bonds, advised mergers and showered lavish bonuses on executives.”
Ok, we’ve had the government step in and buy up banks and investement houses, but now they are stepping in and changing their form and structure of doing business? Now they are overseen by the Fed?
In what started as a major shift towards socialism… has now been a complete shift from open markets to complete federal ownership and oversight. We just socialized it all so they wouldn’t fail.
In the story they hint at Wachovia and Washington Mutual as being the next targets of federal oversights.
What is going to happen when the Federal Government owns the entire financial system?
Is that when we all have to have a chip put in our forhead or wrist in order to buy or sell. (Mark of the Beast?) Some federal beuracrat will come up with a brilliant idea of tracking money with a computer chip, probably based on technology already developed by companies like:
Verichip http://www.verichipcorp.com
Zarlink Radio Chip http://www.zarlink.com/cps/rde/xchg/zarlink/hs/medical.htm
At the moment they are used for tracking, identification, monitoring, records, are they currently powerful enough to record our financial records and for commerce? Likelihood… YES.
Is this how it all begins?
1) The financial markets crumble.
2) The federal government steps in to pick it all up
3) If it gets worse the world government steps in to pick it all up
4) Some beuracrat “ding dong” comes up with a brilliant idea of putting a chip in everyone or they can’t use the governments money.
