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CASPER UPDATE: AUGUST 24, 2011

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This morning on Fox Business Channel or the regular Fox News Channel a Financial Guru was being interviewed and said that the ECB has Bailed Out a major European Bank to the tune of “one half Trillion Euro’s”. He said this is not being reported by the MSM which amounts to a cover-up of a 700B USD Bank Bailout, an enormous sum for a single bank. He did not name the bank but it is likely one of those mentioned in our recent updates.  

 

This was Fiat of course and is additional confirmation of what WE have been reporting recently, the continuation of the status quo and the use of unlimited quantities of monopoly money to fill holes in their Fraudulent Financial Playpen (dyke) with no care whatsoever about the consequences to the currency, the people or the Creditors whose reserves are being intentionally devalued in this clandestine process.   

 

Our interpretation of this event is that it represents the stealth implementation of QE III as we warned and a continuation of the ‘Old’ which directly contradicts the daily positive messages we all hear about.  I don’t want to be right about this but what good does it do to bury ones head in the sand?

 

 

                               Casper   8-24-11