Monday, April 6, 2009

Federal Government and Ownership

The US federal government has been taking control of more and more companies lately. Some of these companies have assets that include current mortgaged and foreclosed properties. As we fear the government is bankrupting itself, barring its overwhelming debt to China, what will it decide is necessary to keep from going bankrupt when China call in the loans?

In the past, the federal government has made it illegal for citizens to own gold. Any gold was seized and owners who did not surrender the gold willingly were guilty of treason. If the current federal government were to take possession of all of the indebted assets it currently has available, it would not even have to make ownership of anything illegal (as it has done in the past) in order to amass unimaginable amounts of property.

With North Korea testing rocket launching capabilities and lying to its people, and the 6-member council unable to even formally condemn this act, we see China and Russia very likely to align themselves with North Korea if push comes to shove. If they became allied against us, what of the trillions in debt to China.

Consider all of those assets as collateral for the debt.

Remember that even though Putin is not the principal leader of Russia, he still remains in government and could be elected to power again.

Note that Khaddafi (FKA Qadaffi) is the current Libyan president, and the current rotating head of the African Union. One of the African leaders has been found guilty of war crimes and the Arab nations are divided over how or whether that should be handled. A Mediterranean trade group including some Arab nations could split and/or the African Union split in light of these and other developments in the area.

Tensions are growing among and within groups of nations.

What will the assets be worth that the federal government owns be worth if the dollar is devalued beyond our current belief?

There is already too much availability and control of currency value in the global market. It is too easily manipulation by OPEC (oil cartel) and the International Monetary Fund. Currency can be bought and sold and has speculation and betting as any stock or commodity. Recent ads make available currency trading to anyone who is willing to pay fees to do it.

We are coming to the point where all of the nonsense defining what anything is worth is meaningless. Everything that the free market tries to value is already corrupt with lobbying of the government and/or government officers' ownership in companies.

The conglomerated corruptions that have led the global economy(ies) to recession are leading to global regulations to prevent it from happening again. The global regulations will be a global socialist union and then God help us all.