“No-one saw this coming.”

Balderdash!

Will the talking heads, the paid actors and actresses known as news anchors and reporters try to convince their viewers that “No-one saw this crisis coming.”?
Again?!

If Janet Yellen's recent staged and scripted performance, when she said “We Will not see Another Crisis in our Lifetime”, is any indication then here here we go again...

I recall my frustration back in 2008 and 2009 when all the news media, officials, and financial analysts were saying “No one saw this coming.”
Sadly most of the public was buying that “hook, line, and sinker”!
The public swallowed that official lame excuse whole.

But wait, the above image was only a deceptive snapshot! Actually trillions of dollars were lent to bailout the banks...

Most people think that the big bank bailout was the $700 billion that the treasury department used to save the banks during the financial crash in September of 2008. But this is a long way from the truth because the bailout is still ongoing. The Special Inspector General for TARP summary of the bailout says that the total commitment of government is $16.8 trillion dollars with the $4.6 trillion already paid out. -The Big Bank Bailout by Mike Collins

It Is All Balderdash!

image from quora.com

But in fact, the Fed lent “overnight” on a chronic basis to our liquidity chugging banks because they could not fund themselves in markets at the interest rate they desired. So the Fed “accommodated” by pouring the cheap whiskey over and over and over—for weeks, months, even years on end. To get a measure of this chronic abuse of overnight lender-of-last-resort facilities it does make sense to add up across the loans.

That is a far better measure of the extent of the Fed’s efforts to bail out troubled banks—who should be expected to fund themselves in markets, not at the lender-of-last-resort! -The Size of the Bank Bailout: $29 Trillion by John Carney, Senior Editor, CNBC.com

War Torn Old City Mosul, Iraq in Ruins

Are you ready for another false-flag justification for war and distraction from the central banks' policy disasters?
...

Title: Mosul in ruins: Bird’s-eye view of old city & landmark mosque blown up by ISIS
Video posted 30 Jun 2017 by RT

They Are Paid To Deceive The Citizens, For Bank Bailouts, For Bank Bail-ins, For Wars, And For Whatever Suits Their Narrow Self Interests...

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