Economic Paradigm Forecast:

Economic Paradigm Forecast:

Just saw Enron on CNBC tonight.

Enron was the poster child for deregulation.

And they used deregulation to shield themselves

from legal fraud charges.

Illegal today.

Change Regulations

Legal today.  

Their two top traders traded the

Company into the RED.

Bet all the reserves and lost.

Ken Lays response wasn't

to fire them but tell them to bet more

and make up the losses.

Enron was loosing money ever year

but still posted profits.

Fastow just hid debt in fake front

companys.

And eventually they got caught by

reporters, not the Regulators.

Wall Street instead of making sweeping

regulation changes to protect the public,

Wall Street used Enron as a Business Model.

But changed the paradigm so they couldn't

loose, they became to big to fail.

And American Banks are the biggest

Enron machines currently on Wall Street.

But they planned their OUT.

The American public would bail them out.

And even now they are allowed to cook the

books, carry two sets of books, the one

the public sees carries all their Toxic Sub-

prime paper at 100% value.

Even thought those assets are only worth

30% of original value.

And they are still allowed through deregulation

to run criminal enterprises.

30% vig on Credit Cards, and 460%

on payday loans.

Ken Lay is still with us, but now hes running 

American Banks, a criminal enterprise

still untouchable, like Capone in Chicago in the

1930's.

Both Enron and Capone bought off politicians

and the judges ( regulators ).

Just like the Banks are still doing.

( Buying off congress. G )

Capitalism comes in flavors, there is the American

flavor currently Enron flavor.

And there is a Chinese favor of capitalism.

Based on a history of Communism.

And there is Russian flavor of Capitalism

based on a mafia history.

Capitalism is greedy and it will by its nature

convert to crime.

Capitalism needs regulation to protect its

self from it's self.

Bernie Maddoff is another example of this

deregulation, Enron model which is prevalent

on Wall Street today.

Banks by their very nature cannot both do

Banking with Federal Insurance and Investment

banking with unlimited risk,

One business makes loans for a few percent

profit and the other business takes huge risks

for huge profits.

I wonder why the banks aren't making loans

at low profits. what are they investing the 2.3

trillion USD the Federal government and Federal 

Reserve gave them?

If consumer protection remains with the Federal

Reserve then we know the Inmates are still in charge.

The Federal Reserve has been a total and abysmal

failure in protecting the public.

Internet Anthropologist Think Tank: The Federal Reserve is Suspect:

Toxic paper, almost brought down the worlds economic

system.

30 % credit cards,

460% vig on payday loans.

Now our forecast:

More Enron discoveries of other companies too big

to fail, more fraud and additional economic threats

from the current Enron model prevalent on Wall Street

today. 

These problems will influence funding on the GWOT.

This paradigm is problematic as long as

current laws allow corporate funding at current levels.

The people are not now in control of congress.

Gerald

Anthropologist

Series 3 and 7

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Internet Anthropologist Think Tank: Greenspan father of the Sub ...

Oct 20, 2009 ... Greenspan father of the Sub-prime debacle. Frontline: The would-have-been hero of this story is Brooksley Born, first female president of ... warintel.blogspot.com/2009/10/greenspan-father-of-sub-prime-debacle.html .