sorgmot

Let CIT Fail: The Business Model Is Broken

Gingis Kahn had the golden hoard which was driven into faraway lands because the lands it came from could not feed the hoard as it grew and grew.

The USA has the lawyer hoard which is just like the golden hoard in that it is willing to confiscate all wealth in the lands in it's path to feed itself as its size explodes.

The lawyer hoard does the confiscation by taking over all three branches of all USA governments judicial, administrative, and executive. They use these to set up regulations which require vast numbers of consuming but counter-productive government employees. The productive non-government employed members have their taxes raised to pay the hoard. The hoard does not ever stop expanding its tax and regulate demands even as USA businesses fail.

USA businesses are replaced by foreign ones to supply the USA hoard and paid in US$s from an exploding USA money supply. The USA money supply explodes all product prices in USA $'s until only USA government employees and the employees if the remaining USA government created cartels and monopolies can afford the very high pried goods and services available in the USA.

Of course the USA banking cartel will loan the money at 30% to help buy the auto priced at 3 times its cost of production.

Once the USA has lost the good will of all lenders abroad who notice that their collateral is worthless as the loan goes into default
the USA sees its asset values collapse as sales volumes and taxes and everything in the USA collapses.

As the year 2009 by the Christian calender. progresses under the management of the lawyer hoard, good luck to you in this USA collapsing business cycle.

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