The elitists had yet another problem with their scheme to institute world government.  They had to cover up the extensive damage being done to our economy by globalization, free trade, off-shoring, outsourcing and illegal immigration, all of which they used to break the backs of the unions so they could lower their labor and production costs and increase their profits by moving offshore and utilizing slave labor.  They had to cover up our negative GDP which has been that way on average since 1990 despite what official statistics say, as well as problems with rampant inflation and unemployment, all direct outgrowths of their globalization and free trade efforts. The solution was a many pronged approach and has backfired in their faces.

    First, they started making up outright lies about official economic statistics, which we refer to as "hedonics."  This system of outright lying, which has always been a problem to some extent, has accelerated since the end of the Reagan Administration. As an example, official inflation is currently one third of actual inflation.  Not a single shred of truth escapes from Washington, D.C.  Next, using the 1987 Market Crash that they caused as their excuse, the Illuminati had President Reagan issue an Executive Order creating the President's Working Group on Financial Markets, the purpose for which is restore order to markets in times of emergency.  Instead, they use this cabal to rig markets around the world on a 24/7 basis, which is totally and completely illegal.  That is why Bernanke always claims that this group meets only informally on occasion for discussions or brain-storming on problems as they arise.  He knows darn well that their nefarious activities are totally illegal and criminal in nature.  But what does he care, as substantial evidence indicates that he may have conspired with JP Morgan, the SEC, the Treasury and other Federal Reserve officers to defraud Bear Stearns stockholders and employees as well as American taxpayers out of billions of dollars, not to mention profits made on insider trading on puts and shorts placed on Bear Stearns stock under circumstances that could not possibly have been more obvious.  The PWG, also referred to as the Plunge Protection Team, or PPT, covers up market damage, or causes market damage, as the case may be, to cover up the impact of Illuminist schemes on the overall economy and on financial markets.  Items go up that should be going down, and items go down that should be going up.  When you see that, and it is obvious for anyone with even a rudimentary knowledge of markets, that is the PPT in action ripping off the public with insider trading and market manipulation to cover up the extensive damage done by the Illuminati to our economy and financial system as described above.

    Another cover-up method is the use of the money supply, controlled by the Fed, to create asset bubbles to make everyone feel wealthy when in fact they are being pauperized.  The dot.com scam of worthless stocks, the false, speculative real estate bubble powered by fraud and the subprime scam of worthless, falsely-rated derivatives are perfect examples.  So is hyperinflation from an out-of-control money supply as the middle class is bled dry by the elitists courtesy of the nongovernmental, privately owned Fed.  And to cover up the negative GDP, they repealed Glass-Steagall with the passage of the Gramm-Leach-Bliley Act in 1999 to power up the financial industry with a profligate money supply from the Fed so banks could screw dupe clients with incestuous financial subsidiary arrangements and make false profits in fees, commissions and spreads creating financial instruments such as toxic waste that is worthless because there are no markets for securitizations of fraud-laden assets and credit default swaps and interest rate swaps with hundreds of trillions in notional principal that are worthless because collateral to secure counterparty liability under these derivatives is almost nonexistent.  But boy, those fees and commissions sure drove the financial sector from 4% of GDP to 8% of GDP, thereby covering over the negative GDP with fees and commissions for producing worthless assets that now threaten the worldwide financial system and that have added nothing of any real or lasting value to our economy.  This is where they really blew it.  Most large banks are now insolvent as a direct result of these many fraudulent schemes that have bled all transparency, trust and confidence from the markets, resulting in a credit-crunch that will not go away but which worsens instead with each passing day.  And with the Fed now considering a pause, they are about to get even more insolvent as their spreads decrease and their bonds get creamed from the loss of anticipation of further rate cuts, not to mention accelerating loan defaults in all categories as interest rates work their way back up.

    The elitists are now faced with wars they are losing badly and that will bankrupt our country.  They are faced with food riots around the globe, which will not endear them to anyone.  They have created a ludicrous national debt via profligate government spending with an equally ludicrous trade deficit to match as our country has been transformed in a matter of a few decades from the world's greatest creditor nation to the world's greatest debtor nation.  They have created tens of trillions in entitlements that cannot possibly be paid without reducing benefits or raising taxes.  They have driven oil to levels that will decimate the entire world economy, including their own companies, despite abundant domestic reserves of oil.  They have caused bubble after bubble that have each popped and now they are out of assets to falsely inflate, so people are starting to realize that they have been had and want to do something about it, which may well lead to revolution.  They have created hundreds of trillions in derivatives that no one understands and that have virtually no collateralization, threatening the entire world financial system.  They have ruined all confidence and trust in the financial system with scheme after fraudulent scheme, to the point where banks no longer want to, or are able to, be banks, creating a credit-crunch that worsens and threatens to annihilate bank capital at an ever-increasing pace.  They have inflated the people of our country out of their wealth, and these hapless, beggared citizens have nothing left to spend to drive the US economy which is now doomed to a catastrophic failure that will lead to a hyperinflationary recession followed by a deflationary depression the likes of which has never been seen before in the annals of US history. 

    They have destroyed the real estate industry and have put millions of people, both US citizens and illegal aliens alike, out of work, further exacerbating the faltering economy.  They have plans to nationalize all the financial losses from the fraud and profligacy of Wall Street which will turn us into the next Weimar Republic.  After all that, they have the nerve, the unmitigated gall, to suggest putting the Fed in charge of the entire US financial system when the Fed is the root cause of virtually every problem we have with our financial system.  While all this transpires, the President and our Congress stand by picking their noses.  The older elitists got overly anxious and tried to do too much too fast because they wanted to see their plans succeed during their lifetimes.  Their own pride and impatience has been their downfall, and now they are about to see their plans ruined for decades instead by some of the most bumbling, clueless and arrogant henchmen we could imagine, if they are not sooner torn to shreds by the angry, fuming, broke, hungry masses.  We hope they enjoy the monstrosity they have created.  It will eat them alive. They wanted to create order out of chaos, but all they will get is the latter.