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The Entrenched Corruption and Repeat of the 07-08 Housing Bubble in our Future?

Back in 2007-2008, I was following the Housing Bubble meltdown closely. I was a beginner and amateur to all the terms and definitions. I was thankful for the alternative websites, who understood what was happening and could simplify and explain it.

These alternative media sites were warning and telling the truth, while the so-called “mainstream media” was masking the accuracy, authenticity and truthfulness of what was transpiring before, during and after the meltdown to cover-up for the Crony capitalists.

When attempting to explain the situation to family and friends, there was a big disconnect in the evolving situation as a new language and culture was being learned and disseminated. A small minority were putting in the time and energy to dig into the mud to find the truth, but the majority of Americans were swallowing the banking, Wall Street and “mainstream media” narrative lies.

“Subprime loans. Tranches. It’s pretty confusing, right? Does it make you feel bored? Or stupid? Well, it’s supposed to. Wall Street loves to use confusing terms to make you think only they can do what they do. Or, even better, for you to just leave them . . . alone.” (1)

The terms and definitions are nothing more than a trick to manipulate the whole situation. They want us to be confused, bored, and to feel stupid. It will throw the majority Americans off and create the thought to let the professionals and “experts” deal with it. In essence, they want Americans to blindly submit and follow, while we ignore the behavior by leaving them alone to commit their crimes.

From The Big Short movie, we learn some key maneuvers and investigation into the matter leading up to and after the Housing Market Bubble pop.

“In the late ’70’s, banking . . . Lewis Ranieri (3) came on the scene of Salmon Brothers. You might not know who he is, but he changed your life more than Michael Jordan, the iPod and YouTube put together. You see, Lewis didn’t know it yet, but he had already changed banking forever with one simple idea.” (1)

In the movie, Lewis Ranieri is talking to some investors.

The mortgage backed security. Or private-label MBS. You’ve got your average person’s mortgage. Fixed rate, 30 years. Boring, safe, small payoff, right? But when you have thousands of them all bundled together, suddenly the yield goes up, but the risk is still small because, well, they’re mortgages! And who the hell doesn’t pay their mortgage?” (1)

These bonds were rated at Triple A rating, which is the cream of the crop. This new marketing ploy brought mega amounts of cash to the right people, in the right place at the right time. It made the bankers an exuberant amount of money.

“The money came raining down and for the first time, the banker went from the country club to the strip club. Pretty soon, stocks and savings were almost inconsequential. They were doing 50, 100, 200 billion in mortgage bonds and dozens of other securities a year.” (1)

As we travel into the future from the 70’s and into the 80’s, we will run into the same scam, ploy, patterns and players.

“The reverberations that have spread through the banking system . . . collapse seem to rhyme very closely with a particular panic from the late 1980s: the savings and loan (S&L) crisis. . . . The ploy worked – and appears to be working again today . . . Add to the lax regulations, executive mismanagement, and an overreliance on a single type of depositor, and a potential repeat of the nightmare S&L crisis is creating sleepless nights for many of today’s regional bank executives.”(2)

In the 1980’s America experienced the savings and loan crisis. “Both then and now,” the “ploy” worked. It was a scam, it was another form of a Ponzi Scheme and Pyramid Scheme.

“Basically, Lewis Ranieri’s mortgage bonds were amazingly profitable for the big banks. They made billions and billions on their two-percent fee they got for selling each of these bonds. But then they started running out of mortgages to put in them. After all, there are only so many homes and so many people with good enough jobs to buy them, right? So the banks started filling these bonds with riskier and riskier mortgages. . . . That way they can keep that profit machine churning, right? By the way, these risky mortgages are called subprime. So whenever you hear “subprime,” think “shit.”” (1)

What is being described is fraud, in “which investors think their returns come from sales of products. They don’t – they come from money from invested by new investors.” The new people coming in on the foundation floor are giving money as it funnels up through and into the initial investors pockets.

The banks were running out of the good stuff, so they had to water it down with the bad bonds. They still marked the bad bonds with AAA ratings.

This practice doesn’t end well for those on the ground floor, but before the con game is up, the people on top are able to milk as much money as possible before the Ponzi and Pyramid Scheme collapses.

Let’s move forward into 2023 with the SVB, Silvergate Bank and the Signature Bank.

But like the S&Ls of the ‘80s, the recent failures of SVB, as well as Silvergate Bank and Signature Bank, add up to the loss of regional institutions that, taken together, posed such a systemic risk that D.C. put taxpayer money on the line.” (2)

Here we have another reference to the Savings and Loans crisis of the 1980’s. Are we seeing a correlation? Are we seeing a pattern? Are we seeing Americans are being scammed and conned out of their own money as “D.C. put taxpayer money on the line” as collateral and to bail out those at the top of the Ponzi Scheme.

In returning to The Big Short movie.

“Michael Burry found out that these mortgage bonds that were supposedly 65 percent AAA, were actually just mostly full of shit. So, now he’s going to short the bonds. Which means to bet against.” (1)

From the creation of the mortgage backed securities in the 1970’s and into the 2000’s, we see the rise of banking even more than it had already been and taxpayers money was on the line over and over.

“And America barely noticed as its number one industry became boring-old banking. And then one day, almost 30 years later, in 2008, it all came crashing down. In the end, Lewis Ranieri’s mortgage-backed security mutated into a monstrosity that collapsed the whole world economy.”(1)

The mortgage-backed securities was a time bomb and it was gradually getting worse until it finally exploded.

I’m guessing most of you still don’t know what happened. Yeah, you got a soundbite you repeat so you don’t sound dumb, but come on. But there were some who saw it coming. While the whole world was having a big old party, a few outsiders and weirdos saw what no one else could. . . . These outsiders saw the giant lie at the heart of the economy. And they saw it by doing something the rest of the suckers never thought to do. They looked.” (1)

These outsiders, Michael Burry, Steve Eisman, Greg Lippmann, Ben Hockett, Charlie Ledley, and James Mai worked for different investment companies “saw the giant lie at the heart of the economy.”

In essence, they were seeing the Ponzi Scheme and the crime happening.

When talking and explaining it, they were met with the deer in the headlights. As we already mentioned how Wall Street wanted us to be confused, bored, and to feel stupid.

It was as if the minority of seekers of truth were talking alien gibberish and possibly even more serious as we were living in two different worlds while standing next to each other. It was hard to jive with others, who didn’t care to understand, ignorance, or had learned everything they thought they knew by way of the corrupt media’s flashy and flowery words and concepts to mask the real intent of the Ponzi Scheme.

The corruption was inserting and entrenching its seeds, poison and tentacles deep into the veins, muscle, nerves and heart of our economic center to spread everywhere through our nation; molding America in a fashion to take us down the wrong path and direction with the lies. We are being molded, created, crafted and instructed after the image, designs and plans of those criminals who have the stolen money and according to their values and corrupting interests and influences.

As it gradually takes an individual, family, community or nation off course, one degree over time and distance which will eventually destroy a nation.

“Many people think that just one degree difference, or just one percent change is a small, barely noticeable thing. But the truth is there are huge ripple effects to changing course by just one degree.” (3)

(4)

This criminal syndicate monopolized and took over the wheels of government, economy, politics, and education.

What Americans have swallowed as truth and the new American dream is getting us into trouble, it was what they learned in soundbites in controlled narratives flipping lies as truths, thinking we know the issues for sure, but it “just ain’t so.”

The people who are able to see through the lies are considered weird and even out in Timbuktu by being in an outlandish place. They are looked at as being negative, pessimistic and Debbie Downer, even though they might be positive and give everyone the benefit of the doubt on a more personal level.

They don’t like corruption and can detect patterns of injustice and fraud being perpetrated on their neighbors and fellow Americans. They don’t like the direction our country is heading presently and for our posterity.

We just don’t trust Corporate America and the government and feel the majority of American’s are getting screwed over and they don’t even realize it.

It was our crusade then and now to do everything in our power to tackle corruption and to expose it in hopes that the masses, We the People will finally wake-up to our debts, enslavement and abusers that is happening and by way of patterns to recognize the culprits, players and organizations (government and non-government)

It was if a lie had not only traveled “halfway round the world,” but it took years for the documentation to finally catch-up and the big picture to reveal itself in order to make sense of the time frame chronologically and in terms and concepts for Americans to understand in determining the corruption that took place between the banks, media, government and the establishment in fleecing Americans.

The truth was finally “putting on its shoes,” and finally catching-up to tell the truth and expose the lies, corruption and greed that took place during that time. But the world moved on, and seems to not worry or care about what happened then as they have accepted it and placed their trust once again in a corrupt system. The corrupt, criminal behavior was buried deep down in our society to be covered-up and allow to flourish to allow criminals to run free and turn our government into a criminals paradise. It’s now considered the “norm.”

It’s as if American’s are in an abusive relationship with their own government and was now in the honeymoon phase after the explosion phase had happened.

Americans have been conditioned and trained as if we are to be in an abusive relationship with our own government, especially the federal or more nationalistic, corporate, and world empire.

Once the explosion phase happened, and the batterer (corporations, banks, government and the establishment) had committed the crime. The victim, Americans were and are trying to stay calm and tries to reason with the abuser.

On the surface, the media and government makes it sound like the criminals have been caught are going to be held accountable. They receive a slap on the wrist, if that and the preparators go free, with the fleeced and hard earned money of the working class.

Americans then seem to be lulled into false sense of security and safety, the honeymoon phase once again, until the next big scam (Covid-19/Lockdowns).

We then have the wash, rinse and repeat of the abuse all over again. It can also be referred to as whitewashing. It’s the cycle or pattern all over again.

We need more and more Americans to wise up to the tactics being played on us. We need people in the local, state and federal government to wake-up and become whistle-blower to the corruption taking place. We need to choose principles and objective truth over comfort, security and lies that are leading our nation down the path of self destruction.

By watching and reading up on the documentation, I feel those who were warning the majority of Americans who were blind, detracted, prideful or those of the mindset of “just aint so” of what was happening were redeemed, but it seems not to the cares of the many Americans who have moved on not caring about the crimes and injustice perpetrated on our neighbors and ourselves, along with the betrayal of our ancestors and posterity.

Since the people were mocking and jeering, they can’t even remember why they called those on the watch towers weird and out of sync to the comfort and conformity of the wrong path and direction, but the stigma has been attached.

The mocked didn’t have their day in court until now, but it is too late, the damage has already been done to their reputation and character through its assassination by using the weapons of gaslighting and isolation. The majority of Americans, who mocked and jeered were protecting their abuser and captor by coming to their defense (see: stockholm syndrome, traumatic bonding, and victim brainwashing).

“The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him.” (5)

All we can do now is try to show and identify patterns, so the majority of Americans can wake-up and stop mocking and jeering those who are able to see through the lies, the arrangements and plans. And remove themselves from protecting their enslaver and cease the Stockholm Syndrome and become an American with the Spirit of 76 mindset.

We use patterns to identify abusive relationships. Now we can use the same pattern to describe and show how Americans are in the same abusive relationship with their own government (see: 5th Generational Warfare).

As the abuse continues, and the victim allows it to happen, we all know that the preparator only gets more violent, bold and brazen by being allowed to get away with their shenanigans and crimes. The abuser shows their boldness, when they know they have corrupted and poisoned the system to the point they control the levers of enforcement and law making powers.

Unfortunately, the lies, corruption and patterns have been catapulted and kicked down the road into 2019, 2020 and now into 2023.

Why does this matter? It matters because it shows the correlation of the corruption then and now, because the issues were never fixed and prosecuted, as it burrowed deep down into the body politic and continues to rot and decay our American way of life and system today.

The corruption was swept under the rug and was covered-up. The majority of people were effected in one way or another and the conspirators and preparators were rewards with profits and to remain free as criminals. They were also rewarded positions in corporations and government.

The money was transferred to the wealthy class while the middle and poor classes took it in the shorts and were victims of the criminals in key positions.

(6)

The rich get richer and the poor get poorer. This is not on accident, this is intentional in the class (Part 1 & Part 2) and culture warfare (Part 1Part 2Part 3, & Part 4), as it is being completed by the bought and paid 5th Generational Warfare structure and mindset, courtesy of all the wealth and money that had been swindled from American (middle and poor class).

If a problem is not fixed and is allowed to get bigger, then how much worse is it today than in 2007-2008?

(1) The Big Short (movie) on Netflix until the end of October 2023

(2) The bank collapses triggered by SVB have uncanny parallels to the savings and loan crisis of the 1980s

(3) A One Degree difference – The Compound Effect

(4) A Mere One-Degree Difference

(5) Leo Tolstoy

(6) 7 Deadly Sins

Also see

(7) The Big Short

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