[proactive]

Does anyone know where to get the charts he uses to back up the data? I totally agree with his premise but I would like to have the data to back it up.

The thing that everyone assumes when they review what's happening in the current financial world is that there was a mistake made! That we are repeating the mistakes of the past. Mistake is a relative term. Just because something looks like it was unfortunately ignored until it was too late does not mean it was done by accident. Remember the only way you can cause the world to consolidate its finances is by forcing everyone's back against the wall. Countries would never agree to cooperate and bail each other out unless they were put in a position of being codependent.

Greed was used as a weapon. It's kind of like the tactic a pool shark; He lays back and lets the greedy opponent get cocky and then ups the anti. The sucker takes the bate, and then is on the hook to be dangled any direct the shark wants him to go!

The next steps you will see voluntarily happen is the formation of a European governmental body to oversee the financial crisis. This looks likely to happen in the 1st quarter of 2009. The bail out was the beginning of the end of the world infrastructure that has existed for hundreds of years. A structure which followed the golden rule: "the country with the gold made all of the rules". We officially took that role with Bretton Woods in 1945. The world has been sucked into a financial crisis not by accident but by strategic necessity. We have finally reached a point where the world will gladly accept being boiled down to regions.

So why the bailout? The only way to facilitate the consolidation of the world finances is to clear the upside down balance sheets of the small (but still too large) group of banking corporations that exist today. In order to accomplish this, some of the banks must be given money to be used to pay off their debts and also so that that they can buy up the other institutions not deemed to be part of the final small group of institutions to be left. The public has been convinced that the $trillion (soon to be trillions) that the Fed and the European central bank have already printed and have started to hand out will be used to ease credit. By the way, just as a side note, the amount of interest that is owed the Federal Reserve to date for money borrowed by the US government since the creation of the Fed in 1913 is $700 billion dollars. Anybody recognize that number? So the first $200 billion that was handed out By Paulson was to the "good 9 banks" these are the ones that will now have the ability to eat up the susceptible competition and significantly reduce the ranks.

So what is the next step in the play? The other bubble that must be removed from the international bank's balance sheets is the credit card debt. This will be the next feel good legislation to hit congress. The cry will "We must help the people pay off their credit card debt!" So now that we've established that we have an unlimited amount of dollars to solve any situation we set up another gigantic bailout to eliminate the credit card liability on the banks ledgers. Don't be surprised also if Barack repeats the history of FDR and calls for the confiscation of privately owned gold!

Everyone honestly believes that at the highest levels of the world's financials that the no one saw this coming. We are in an electronic age where statistics are available to analyze and financial ratio or comparison that one wishes real time. The pool sharks of that world set the trap and the rest of the greedy fell for it making us the financial fodder and bringing us to the brink of a consolidated world!