DYLAN RATIGAN EXPLODES ON MSNBC: MILLIONS AGREE WITH HIM

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After speaking out strongly on the subjects as simple as arithmetic, Dylan Ratigan, a financial reporter by trade who hosts the Dylan Ratigan show on MSNBC, exploded into a rant that would wake the dead. We certainly hope so. While the Video quality is poor the sound quality is excellent. Ratigan clearly understands the crisis that is coming, and the obvious fact that there is literally not enough money in the world to buy or bailout our way out of the financial mess the mega banks created.

He understands that the reason we are doing nothing is because our government has been purchased at auction by the Banks. He is furious that we pursue policies for those who benefit from the status quo and justifiably afraid of the end result — complete collapse.

www.youtube.com/watch?v=M1lJd2eLG0M&feature=player_embedded

The facts are simple. There is around $50 trillion in “money” in the entire world. Go ahead and count it yourself. It’s easy. The “bailouts” are fast approaching that amount of money which either means that the Banks will have all the money or it means we will have debased world-wide currencies by half — with the Banks holding half the money in the world.

Since the latter course (debasing the currency) seems to the policy of choice, the end result is guaranteed — collapse of all economic systems. Debasing the currency creates the illusion that the system is maintained when it is in fact in the process of destruction. The illusion never lasts very long. Instead of the creative destruction of the usual business cycle, we have simply destruction.

This is an unprecedented moment in human history. We all need to be as mad as Ratigan.

Tags: bankruptcy, borrower, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, LOAN MODIFICATION, modification, quiet title, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |