Treasury Plan Will Work

I've been kicking this idea around and I see Mish Shedlock has hit the same note.

I have a slightly different take, to wit:

"Their" system failed, for which they should be dismissed and those who know better take over. "they" (the powers that be) would rather rule in ruins than serve in peace.

"They" have enough control in media and politics to convince enough people extreme measure need to be taken. In essence these measures are a violation of the constitution, so they are lawless.

The measures will pass the losses created by the banks and institions, Wall Street, onto taxpayers present and future.

The banks and institutions include foreign holders of the debts, China, Japan, Germany, Britain. We have been sold down the river, by people who are being propped up by their arrangements with foreign governments. USA will be reduced, but the powers that be will remain. Hillary Clinton will have red carpets, Obama will have 500 person entourages, Geithner will have whatever he wants, you'll have to learn to do without.

Knowing full well their system failed, they will construct a new system with the debt holders overseas, and we will be told we made history. This is the point of the present G20 meetings. We will not notice responsibility has been avoided, the rule of law is gone, and there will always be someone worse off than us.

Lent is a good time for prayer and fasting to overcome evil.

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