Was the 2008 Financial Crisis Part of The Great Reset?

Via Children’s Health Defense

In an interview with Russell Brand, journalist Matt Taibbi explained why he believes the collapse of the 2008 economy was part of The Great Reset.

russell brand matt taibbi great reset feature

What did the 2008 financial crash have to do with The Great Reset, a more contemporary topic of conversation?

Plenty, according to journalist and author Matt Taibbi, who in a recent interview with Russell Brand, explained how he believes the two are linked.

Taibbi told Brand he initially noticed a public outcry while interviewing people on the campaign trail during the first presidential election after the financial crash of 2008.

“There was suddenly a huge amount of discontent from people who would normally never think negatively about Wall Street, who were suddenly saying things like, ‘How come they bailed out X company and I had to go into foreclosure? Why did that happen?’” Taibbi said.

People angered by the U.S. government’s response and financial restructuring after the 2008 crash had questions, he said, including:

  • “Why was there this massive global central bank expenditure to save the financial system — which was guilty, by the way, of causing the crash?”
  • “Why did I have to foot the bill?”
  • “Why am I paying for the bailout and not getting anything out of it?”

More recently, Taibbi said, people are upset about the actions of a centralized group of powerful organizations and individuals, especially as those actions relate to COVID-19 policies.

In the interview posted last week, Brand said:

“Today we’re talking about The Great Reset and how this project came about [and] how people’s trust in democracy — particularly in the United States — has been eroded ever since the 2008 financial crash.”

Brand said he thought people were “betrayed” under the Obama administration. “An administration,” he added, “for which many people — and I include myself in this — felt a great deal of what we now have to acknowledge was cock-eyed optimism.”

Despite initial feelings of optimism, Brand said he now believes U.S. government officials under Obama made choices that benefitted certain powerful groups and individuals at the expense of the people.

“How are we ever going to arrest that?” Brand asked.

Brand pointed out recent events he believes are related to The Great Reset and people’s resistance to it, including:

  • Centralized hedge-funded property development firms acquiring real estate.
  • Countries “from Sri Lanka to the Netherlands” being bankrupted by top-down edicts to change people’s farming practices.
  • The Canadian truckers’ movement.
  • “Ordinary” people being “pushed to the degree where they are willing to vote for Brexit or vote for Trump.”

Commenting on the truckers’ convoy in Canada, Taibbi said:

“What was so scary about the Canadian trucker situation was this idea that there is a mechanism by which we [the proponents of The Great Reset] can turn off your ability to raise money for political action if we decide that it qualifies as threatening during this pandemic emergency.

“People got very nervous about that with a lot of justice.”

Contributing to the paranoia, Taibbi said, “There was the financial aspect” of the COVID-19 pandemic.

According to Taibbi, the U.S. government “spent $4.6 trillion of federal reserve money” by dumping it into the stock market, which “made lots of people very wealthy.”

“The pain is going to us the people who are not in the financial services industry,” he said. “Again, the wealth gap is going to grow the same way it grew after the 2008 bailouts.”

Watch the full interview here:

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24 Comments
m
m
August 17, 2022 7:05 am

Next week:
“Was 9/11 part of the Great Rest?”

flash
flash
  m
August 17, 2022 8:07 am

By Protestants granting usury respectability, the Reformation was part of the Great Reset. Money lenders are a cancer on civilized society. The unnatural power to privatize profit while socializing losses has in effect made money lenders the most formidable power on earth. Eat you bugs and be happy they still let you breath.

CHARLES LINDBERG

“Ever since the Civil War, Congress has allowed the bankers to control financial legislation. The membership of the Finance Committee in the Senate (now the Banking and Currency Committee) and the Committee on Banking and Currency in the House have been made up chiefly of bankers, their agents, and their attorneys. …In this way the committees have been able to control legislation in the interests of the few.”

“This Act (Federal Reserve Act) establishes the most gigantic trust on earth. When the President signs this bill, the invisible government by the Monetary Power will be legalized… The worst legislative crime of the age is perpetrated by this banking and currency bill. The caucus of the party bosses have again operated and prevented the people from getting the benefits of their own government.”

JOHN F. KENNEDY

“The great free nations of the world must take control of our monetary problems if these problems are not to take control of us.”

THE BIBLE

“If thou lend money to any of my people that is poor by thee, thou shalt not be to him an usurer, neither shalt thou lay upon him usury.” Exodus 22:25
“Take no usury of him, or increase … thou shalt not give him thy money upon usury.” Leviticus 25:36-37
“Unto thy brother thou shalt not lend upon usury: That the Lord they God bless thee.” Deuteronomy 23:20
“The rich rule over the poor, and the borrower is servant to the lender.” Proverbs 22.7
“The stranger that is within thee shall get up above thee very high, and thou shalt come down very low. He shall lend to thee, and thou shalt not lend to him; he shall be the head, and thou shalt be the tail.” Deut. 28:44-45

http://www.silverbearcafe.com/private/blueplate/quotes.html

Saxons Wrath
Saxons Wrath
  m
August 17, 2022 10:14 am

I think you mean Reset, not Rest.

Unless you meant for the “Rest of your life”, which at the pace things are going, for about half the US who took the jab, wont be long at all… I would say no longer than 2030….

Walt
Walt
  m
August 17, 2022 11:50 am

Reset you mean.
Of course it was. In fact it kicked off with the French ‘Revolution’. It’s only just now hitting it’s straps.

Eyes Wide Shut
Eyes Wide Shut
August 17, 2022 8:27 am

Admin
Please consider posting today’s Awaken With JP video titled Why I Changed My Mind About Evil.

CCRider
CCRider
August 17, 2022 8:47 am

“An administration,” he added, “for which many people — and I include myself in this — felt a great deal of what we now have to acknowledge was cock-eyed optimism.”

No, Matt. Get real, for Christ’s sake. You and the rest were taken for assholes.

Anonymous
Anonymous
  CCRider
August 17, 2022 9:00 am

They have a name for this. It’s called “useful idiot”

CCRider
CCRider
  Anonymous
August 17, 2022 9:15 am

Some might say Useless Asshole.

Token Whitey
Token Whitey
August 17, 2022 9:07 am

They’ve looted us to the point where they now need to either kill or enslave us. Isn’t that the bottom line? So yes, I’d say there’s a connection.

Anonymous
Anonymous
August 17, 2022 9:15 am

IMHO, This was.

Tower Of Babel
Genesis 11 KJV

TN Patriot
TN Patriot
  flash
August 17, 2022 2:28 pm

Seeing him use the draw knife and the pile of skinned logs, there is no question where he got his biceps and pectoral muscles. This is a man who knows how to work and it sounds like he is pretty smart, as well.

Anthony Aaron
Anthony Aaron
  TN Patriot
August 17, 2022 6:42 pm

I wonder how many folks under, say, 60 would know the name of the knife and would have seen the pile of skinned logs … 

I’ve worked with a draw knife and lots of other woodworking tools — got interested in ‘historical’ techniques by Eric Sloane’s books … plus spent the better part of 25 years as a carpenter (mostly framing and such) …

ken31
ken31
  Anthony Aaron
August 17, 2022 6:53 pm

I know one. I use it to peel logs for fence posts.

Anonymous
Anonymous
  Anthony Aaron
August 17, 2022 8:56 pm

Huh. I woulda thought by now that there woulda been curved ones by now?

ken31
ken31
  Anonymous
August 17, 2022 9:40 pm

Most of them have a curve, but it is subtle. You can buy them with different curves. They are generally for larger logs you are going to build with and covering more surface area means harder work per stroke.

TN Patriot
TN Patriot
  Anthony Aaron
August 17, 2022 8:58 pm

I’m a big fan of Barnwood Builders, Living Off The Grid & Homestead Rescue & have seen them used, but have never used one myself.

Anthony Aaron
Anthony Aaron
  flash
August 17, 2022 6:40 pm

Who is this person … where to find this video and the one he refers to …

TN Patriot
TN Patriot
  flash
August 17, 2022 9:45 pm

Flash – Who is this guy and how do I find other videos of him?

olde reb
olde reb
August 17, 2022 10:24 am

What caused the 2008 crash ? Wall Street took huge bets on derivatives and they lost. MBS were fabricated with absurd home loans.

When banks make poor investments, they go broke. The Federal Reserve created $5 trillion in book-entry credit [pretend to say ‘money’] to save the TBTF banks that own the Fed without congressional awareness. That started the inflation.

TN Patriot
TN Patriot
  olde reb
August 17, 2022 2:52 pm

The housing crash was the culmination of too many things for it to be a coincidence. It started with Peanut Carter enacting the Community Reinvestment Act (CRA). Fast forward a quarter century and the passage of Gramm – Leach – Bliley Act (GLBA), negating parts of the Glass – Steagall Act that was passed during the depression. W was promoting an “ownership” society at the same time Barry (and lots of other community agitators) was blackmailing banks & S&L’s to make more loans in the “community” and live up to the CRA.

Banks realizing they had a golden opportunity to make some serious cash, started making more loans to people they knew could not pay them back, but they were backed by Fannie Mae and Freddie Mac. 0bama buddy Franklin Raines was heading up Fannie at the time and was all about guaranteeing as many potential non-preforming loans as possible. Any mention of trying to slow down these loans to non-qualified borrowers was met with howls of RAYCISS by Raines and echoed by Chris Dodd and Bawney Frank. With Wall Street back in the banking business after GLBA, they figured out a way to bundle all of these mortgages and create derivatives, multiplying the value of the bundled mortgages.

All it took was an increase in mortgage rates that caught too many people with ARM’s unable to pay the mortgage while real estate values were crashing and the house of cards came tumbling down. Lehman just happened to be the designated fall guy and after they went tits up, the District of Corruption sprang into action to protect all of the Too Big To Fail banks and corporations.

We now find ourselves in a similar situation with real estate grossly overvalued, interest rates increasing and too many people who do not qualify holding mortgages they will soon not be able to pay due to interest rate increases on their ARM’s.

Anthony Aaron
Anthony Aaron
  TN Patriot
August 17, 2022 6:47 pm

Good summary … and, as you imply, past is prologue …

Those who don’t learn from history are doomed to repeat it …

TN Patriot
TN Patriot
  Anthony Aaron
August 17, 2022 8:59 pm

Wash, rinse, repeat and I think we are at the end of the rinse cycle.

Daddy Joe
Daddy Joe
August 17, 2022 11:11 am

Yes, The 2008 bailout-or else was when thinking people finally woke up to the idea that all corporate profits will accrue to the companies and their shareholders while all corporate losses will be covered by taxpayers. Unfortunately, thinking people are a tiny, one digit percentage minority.