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Old 10-01-2008, 12:29 AM   #14
Zarathustra
Avalon Senior Member
 
Join Date: Sep 2008
Location: Eastern U.S.
Posts: 429
Default Re: someone familiar with Basel II comment on this article

[QUOTE=QUESTINY;33564]This might be why LEAP 2020 stated in February that a US and global collapse would happen around September. They knew of Basel II then. They also knew it would be impossible for the US to comply with the derivatives mess. This is an intentional take down.[/QUOTE

Q,

Read the article, and I think you're right, or at the very least on to something that pierces the heart of the matter. Therein lies the rush, the panicked Congressman after the meeting with Paulson, Bush looking like he's been on a 10 day bender on tv, etc... If these things are true, then the illuminists that have run the U.S. economy have either a) overplayed their hand greatly, and are facing enourmous international and domestic blowback, or b) executing a defined agenda and prepping for the endgame.
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