Archive for economic collapse
It was their congress person and their federal judge assassinated.
However, they are being honest. DC IS a fountain of harm.
If our mainstream economy totally crashes, and all the best experts say it will, it doesn’t mean that there won’t be ANY economy. Economy is necessity. In order for people to survive, there must be means of getting what is needed, and THAT is economy.
The very basis of our current ‘cash’ economy is that the dollar has its value in only one thing: human labor. It is your own labor, or the labor of someone who works for you, but since gold no longer backs the dollar, then labor is the only thing left in quantity to ‘guarantee’ the money supply.
By merely inflating, perfect strangers (the Fed, the IRS, the State, the banks) lays claim to a certain amount of your labor, and in so doing, steals your time and effort. By further taxing, the value of your labor is assessed against YOU, your property. The worse the inflation, the more damage that is done to the value of your labor, the less it buys for you, and the more of your property is stolen outright.
When the dollar goes, and it will, it will be replaced by two things.
One replacement is a new fiat currency which will ‘reset’ the ‘value’ of your labor and begin the process all over again. The reset will transform your labor to a tiny percentage of the value it held in all the decades past and you will be, in actual fact if not in labels, a slave. It could be in the form of an Amero or other hyper-governmental currency, or it could be in an electronic currency through RFID chips. It could be a combination of the two, but in either case the effect will be the same.
The second replacement is using gold and silver coins to exchange for goods and services. This has been frowned upon by our elites and the government because ‘you can’t earn interest on gold.’ What they are saying, and what they don’t like, is that gold does not give them the ability to steal your labor. They cannot inflate it. They cannot genuinely track it. If you have it in your possession it belongs to you and it ‘guarantees’ the value of your labor and your property.
Therefore, the current elites will most likely do a major seizure of all the gold they can get their hands on from the citizens. As I have written here before, there have been hints in the global media that there will come a point that anyone who owns gold, silver or alternate currencies will be tried as a traitor to the government that is set up after the total collapse.
This is to force us back into the fiat currencies that have robbed us of all we own, robbed us of the value of our labor, and to further rope us into slavery.
Americans being who we are, there have been many experiments in economics that are NOT based on cash and are not based in gold. The government has come down extremely hard on many of them, such as bartering, in order to keep the iron fist of the elites inside any potential for wealth generation.
Since economics of some sort is a necessity for your very survival, I will begin a series of alternate economics and the foundation of them, and I will leave it to your ingenuity to consider and make the most of them.
I invite you here to ask questions, offer information on your alternative economics, or to discuss the ins and outs of all of them.
While Mitt Romney was, far and away, the preferred candidate in Michigan, there were LOADS of voters that didn’t trust him and it seems with good reason. Mitt Romney is Frankenstein’s Monster only far more evil, far more hypocritical, far more hostile to the people of the state that made his a household name.
During his campaign he spouted his support for manufacturing, for the Big Three, for the families and communities that depend on these jobs for a living, their retirement, their health care.
But while our economy and our dollar collapses, while the CFR and global bankers sniff that they want massive bailout help and GET IT WITHOUT OVERSIGHT OR RESTRICTION, while more and more families are homeless by the criminal banking and investment that has been done; Franken-Romney has changes his tune and declares it to be irresponsible to help the Big Three.
Franken-Romney doesn’t mind being a traitor to the most foundational of all relationships so there is no reason to think that he would be loyal to anyone else. Though a Christian he professes that he is completely pro-choice, would never interfere in a woman’s right to choose an abortion, despite the fact that he, like the rest of us, are bound to the Commandment Thou Shalt NOT KILL. If he can betray his own God, his own spiritual heritage, there is no reason to believe he’ll be loyal to anyone else either- not to America, not to Michigan, not to the Americans who depend on manufacturing to support their families. Big money is his interest, big money is his true god, big money is the only one with his true loyalty.
Even the Frankenstein monster wouldn’t have done that. It takes another traitor.
Everyone is looking for the ‘growth industries’ that may be the key to surviving this cascading economy. The best advice, aside from investing in gold and silver (for those who have money), is to consider health care, especially geriatrics.
During the Clinton Administration, welfare benefits, including health insurance, were severely curtailed, but an under-reported effect of that draconian cutting was that hospitals, especially charitable and public hospitals, experienced a horrendous loss of funds. This during the time of HMOs and PPOs that privatized profit and socialized expenses- our disdain for our own people while embracing the vampiricism of the rich is actually a huge injustice and a great shame on our nation. This is far more important to remember today than it has ever been.
That mechanism is staring us in the face once again under this capitalist/fascist regime- bailing out the financial industry that sucked all profits and all wealth from our people, we now are facing a bitterly fought bailout of the ‘Big Three’- the only major industry left in our country that ACTUALLY provides income to families, ACTUALLY provides product WORTH something, actually does business with untold thousands of small business owners. It is ALSO the MAJOR HEALTH INSURANCE PROVIDER IN THE UNITED STATES.
Don’t want to bail out the Big Three because there are still (castrated) unions there? Don’t want to bail out the Big Three because they had the nerve to fly in on old private jets??? (The financiers didn’t even have to bother with appearing. They just picked up the phone and walked away with trillions in free and unaccountable funds! They didn’t even have to move from their yachts).
Aside from the American families, American small businesses and American suppliers that the Big Three supports to the tune of at least 3 MILLION living wage jobs- by itself nearly 10% of the population, if we LOSE their CONTRIBUTION to the health care industry, we will see massive closures of hospitals and clinics all over the country.
New legislation forcing doctors, health care professionals of all types and pharmacists to give treatments and drugs that violate their conscience and professional oaths brings thought policing to a new and extremely dangerous level. They paid for their own education. They paid their dues at university, in residencies, in investing in practices. Socializing their consciences and ignoring WHO made the investment in money, talent, time, intellect, practice, facilities, marketing and etc. is a rising evil that risks much.
Most of the charity hospitals are Catholic, and we are already seeing Bishops proclaiming that if legislation passes forcing them to have ANYTHING to do with the slaughter of the unborn, the Catholic hospitals will close. Period.
Can your tax dollars bail out public hospitals and replace charity hospitals & clinics so you’ll have someplace to take your own family members in emergencies, illnesses, infections?
Yes, health care will be a BIG GROWTH INDUSTRY, alright, but not in the way Wall Street talks about it.
Without the BIG THREE’S CONTRIBUTION, there will ONLY be growth in the number of ill and disabled people with no medicines, no treatments, no professional care. Growth in the number of seniors whose retirement funds failed, whose health insurance failed, whose homes are foreclosed on, whose illnesses will not only remain untreated, but will require others to take them in and care for them. Growth in the ‘suffering industry’ for old and childless feminists and perpetually teenaged old Don Juans who are seeking SOMEONE to care if they’re alive or dead, in pain or comfortable, have a roof over their heads, food in their mouths, insulin for their diabetes…
Ignoring minimum human charity, minimum human dignity, and ‘unalienable’ Constitutional Rights in Terri Schiavo’s case happened FOR A REASON.
Would Americans accept a disabled woman’s loss of her Constitutional Rights to life? Would we accept that, like the Nazis, food and water are extraordinary provisions for those ‘in care’?
Yes, we did- our politicians, our courts, our media, our people- all accepted that denying food and water to a living American who was not dying is permissible for any reason at all.
WE ARE ALL about to experience the true ‘growth industry’ in this country and the burden of it, and the suffering of it, will be all ours. The elites, the politicians, the corporate fascists will be able to fly anywhere in the world on private jets to get all the health care they need or want.
Not you, though.
Yes, buy the tired old bullshit line ‘the unions ruined everything’ when the unions have been busted and impotent for years. Buy the puritan ethic that tells us that if a person is blessed by God he’ll be healthy, wealthy and wise and therefore the manufacturing industry isn’t blessed but actually should be PUNISHED.
Care for everyone and every issue in the world except those that negatively affect Americans.
Congress’ continual spending of money that we don’t have is only speeding up the economic collapse predicted with certainty by the global banks and causing Bernanke to actually panic.
Blank check signing for the vastly overbloated and wasted military spending bill, but ONLY if they add tens of billions more for their pet projects. America’s NEEDS are being traded back and forth just to leverage spending for things most Americans are against, don’t need, and are proven wasteful.
Making matters worse, of course, they don’t even know what they actually want or need, meaning that the billions spent on the Department of Homeland Security is nearly ALL wasted, with almost nothing being accomplished, except for making sure the Constitution is being gutted more and more.
As long as THEY get what they want, what do they care if YOU have anything but misery?
Either further deflate the value of the dollar, or see if CHINA will pay more. I mean, why not give China rights to all of our property- we don’t need it, do we?
As goes Michigan, so goes America. Mark my words.
There was a time, not long ago, when Oakland County, Michigan was one of the three richest counties in the United States. However, since the global bankers have ratcheted up their globalization efforts, there are few places that have been more devastated, had more wealth sucked off of the populace, than Michigan.
Consider: banks have actually been the ones deciding who gets money, who keeps money, and how money gets shared around, based on its lending criteria. While activists and politicians have concurred with global corporate media that these standards were good and right- you can’t let the PEOPLE and the MARKET decide who should have credit access, can you?- the trumpet that has been tooted for years about the woes of poverty was EDUCATION.
The citizens dumped mountains of money into the black hole of liberal education.
And the bankers decided who got the loans to pay for over-priced education and who didn’t.
Poverty remained. Despite one of the most vibrant economies in the world. Despite the presence and influence of the automobile companies. You remember the “Big Three”, right?
Once the global bankers were able to get hold of the ‘Big Three’ it wasn’t long before that entire industry was completely trashed. Where these companies had built up the economy of the world, where automobiles, the ability to buy and use them was the PREMIER signal that a developing nation was TRULY developing, the entire world changed because of Michigan’s Auto industry.
Now its gone. Parceled out. ALL profits taken from it, and the secondary industries like car repair, parts manufacture, and even full-service gas stations, independently owned, all of them, destroyed.
The bankers BLAME YOU. The media BLAME YOU.
According to the LIES, YOU were the one buying homes and cars that you simply couldn’t afford. YOU were the one buying things with the equity in your home that you shouldn’t have.
The hard working and RESPONSIBLE citizens of Michigan helped make the world a DIFFERENT PLACE than it had been, a level of income generation and prosperity the world had never seen before.
But, thanks to the REFUSAL to permit credit, the normal, world-changing, production economy of Michigan is in a free-fall collapse.
The ‘Big Three’ is vampirized, gutted, and the remains of the carcasses shuttled off, and nothing but a graveyard is left behind with living dead citizens waiting for the next hammer blow to fall.
The border between Canada and Detroit is backed up for hours as the global lackey Homeland Security personnel make trade, tourism and interaction between our formerly friendly countries a torturous, time consuming and expensive endeavor.
Michigan taxpayers have dumped VAST amounts of money into our schools. Home of one of the TOP TEN Universities in the world, that school and hospital conglomerate wouldn’t even exist if it wasn’t for the commitment and investment Michigan citizens made over the years.
Now, the bankers have decided that the State can’t even borrow the money for the well-established student loan programs.
This won’t be the end of the banker’s refusal to allow the State to borrow. The state politicians have raised every tax and fee they could dream up, but it still hasn’t been enough money. Rather than cut government, eliminate the excessive influence the bankers and their buddies in insurance, finance, and all the thousand tentacles of power that are choking the state; the dumb-blonde politics are still believing the bankers will help save Michigan.
Not so. The assets that remain in Michigan CANNOT be seized by the few elites if the citizens retain power, and therefore the citizens must be DRIVEN OUT.
An END to credit, EVEN FOR GOVERNANCE, is the easiest and a very effective way, TO TAKE AN ENTIRE STATE.
To quote the official: “We just can’t go out and borrow money right now, and that is the bottom line.” Detroit News, April 24, 2008.
The credit is CUT OFF for Michigan, and it has NOTHING TO DO WITH YOUR IRRESPONSIBILITY.
It has everything to do with the assets that YOU have and the globalists WANT.
Like the Great Lakes and their fresh water?
Keep believing the lies and soon the Great Lakes will be the Great Bogs and the rest of the State will be the Great Backwater.
Art: Allison Smith
By the way, is Michigan ‘past peak’ and the problem is NOT free fiat money, printed by the Federal Reserve, given to whom THEY choose, multiplied by 40 by ‘fractional banking reserve’ and then spread around to who THEY want to? Our obligations to pay back that ‘free money’ by 40x? We pay back with interest what others take for free, multiply out for free? And THIS is OUR fault….
Greenspan Globetrotting, advising Oil Countries to pull out of the dollar even though it would destroy American economy.
Did you REALLY believe that this private corporation has YOUR interests, or the interests of America at heart?
Watch THIS before you allow our politicians to expand the powers of the Federal Reserve.
The NYT just announced that, despite ALL the missteps and ‘incompetence‘ the Federal Reserve has foisted on the American people so far, that on Monday, the Treasury is introducing a NEW PLAN: giving the Federal Reserve WIDE NEW SWAT-TYPE POLICING POWER.
Read this: “The Treasury Department will propose on Monday that Congress give the Federal Reserve broad new authority to oversee financial market stability, in effect allowing it to send SWAT teams into any corner of the industry or any institution that might pose a risk to the overall system.”
Did ANYONE, even Ron Paul, see THIS coming???
At the end of the day, the Fed will assume ownership of all those 40% of homes that have been foreclosed on, and is looking forward to the 60% or more yet to come. We haven’t even gotten halfway through THAT nightmare yet, or had time to document and bring to justice those RESPONSIBLE for it.
NOW, based on… what???…. the Congress is actually considering giving the Fed policing power to enter ANY BANK, ANY FINANCIAL INSTITUTION, ANY INVESTMENT FIRM and seize ALL ASSETS and records including YOURS.
Do you REALLY believe that you’ll get your retirement funds back from anyplace that has been so policed that way? Where is the RIGHT TO PRIVATE PROPERTY in all this???
Read this and weep: “Democratic lawmakers are all but certain to say the proposal does not go far enough in restricting the kinds of practices that caused the financial crisis. Many of the proposals, like those that would consolidate regulatory agencies, have nothing to do with the turmoil in financial markets. And some of the proposals could actually reduce regulation.“
The Democrats have an even DIFFERENT agenda for their puppet masters!
Though this plan is SUPPOSED to be all about this mortgage crisis: “The plan would not rein in practices that have been linked to the housing and mortgage crisis, like packaging risky subprime mortgages into securities carrying the highest ratings.”
Then WHAT THE HELL IS THIS FOR???
Here is a CLUE for politicans with their greasy palms out: “The blueprint also suggests several areas where the S.E.C. should take a lighter approach to its oversight. Among them are allowing stock exchanges greater leeway to regulate themselves and streamlining the approval of new products, even allowing automatic approval of securities products that are being traded in foreign markets.” (Isn’t this what CREATED the problem in the first place???)
“Both see the Fed overseeing risk across the entire financial spectrum, but Mr. Frank is likely to favor a stronger Fed role and to subject investment banks to the same rules that commercial banks now must follow, especially for capital reserves.
The Treasury plan would let Fed officials examine the practices and even the internal bookkeeping of brokerage firms, hedge funds, commodity-trading exchanges and any other institution that might pose a risk to the overall financial system.
That would be a significant expansion of the central bank’s regulatory mission.”
So, here WE are, DEMANDING an END to the Fed, and what do our ‘representatives’ give us instead? Who are they going to use to ‘police’ this- Blackwater who now has immunity from shoot-to-kill crimes against Americans?
Let this be very clear: The SYSTEM that has brought us to this mess, that Americans are DEMANDING be dismantled in favor of a Constitutional monetary system, is INSTEAD being GIVEN MORE POWER to sustain itself and ENFORCE itself against all disagreement.
And, McCain’s position? “Many news reports have pointed out that Mr. McCain more or less came out against aid for troubled homeowners: government assistance “should be based solely on preventing systemic risk,” which means that big investment banks qualify but ordinary citizens don’t. “
Hillary? “Mrs. Clinton’s suggestion that she might convene a high-level commission, including Alan Greenspan — who bears a lot of responsibility for this crisis — had echoes of the excessively comfortable relationship her husband’s administration developed with the investment industry.”
We’re already bankrupt but they want to INCREASE THE SIZE OF THE GOVERNMENT FURTHER:
“This plan would consolidate a large number of regulators into roughly three big new agencies.”
They want to subsume government’s Constitutional responsibilities under outside non-Constitutional private entities:
“Bank supervision, now divided among five federal agencies, would be led by a Prudential Financial Regulator,which could send examiners into any bank or depository institution that is protected by either federal deposit insurance or other federal backstops”
If THAT isn’t a recipe for corruption and cronyism, I’ve never seen one! Even the mafia never had government sanction to make ‘offers that bankers can’t refuse’ and legalized, taxpayer funded guns-and-muscle private militias to back it up without fear of penalty or censure!
And they justify it ‘prophetically?’
“Our present regulatory framework was born of Depression-era events and is not well suited for today’s environment where billions of dollars race across the globe with the click of a mouse,” said the organization’s chief executive, T. Timothy Ryan Jr.”
They are preparing to ENFORCE, by any means necessary, ELECTRONIC currency and by-pass Constitutional government to do so by putting it all into the private hands of the global bankers!
Time to pull EVERY asset you’ve got, before any of this goes into effect. Pull your retirement funds, pull funds out of the banks, dump your stocks, ALL OF IT. Gonna take a hit? This will be NOTHING compared to what kind of a hit you’ll be facing SOON.
Take everything you’ve got and go anywhere you can- pawn shops, yard sales, estate sales, coin shops, and buy all the genuine gold and silver you can get your hands on. It isn’t going to be long and the government will be telling us that owning gold and silver is a risk to the overall system of electronic currency- it will be illegal to own or transfer your gold or silver soon!
We were figuring there would be time- time to establish an alternate currency (not an RFID Amero), time to peacefully transfer what assets you had from a collapsing or collapsed dollar into a genuinely American government currency backed by hard assets.
“Whether there is a formal, legal change in the Fed’s power over Wall Street or not, the recent measures, which were taken under a 1930s law that can only be exploited in “unusual and exigent circumstances,” represent a massive departure from past practice…. This latest episode has highlighted that the world has changed, as has the role of other non-bank financial institutions, and the interconnectedness among all financial institutions…. a broader role may be the result of the unprecedented intervention and are being forced to consider whether it makes sense to expand the scope of their formal powers over the investment industry.
“This will redefine the Fed’s role,” said Charles Geisst, a Manhattan College finance professor who wrote a history of Wall Street. “We have to realize that central banking now takes into its orbit everything in the financial system in one way or another. Whether we like it or not, they’ve recreated the financial universe.”
CNN and every other Mainstream Media outlet doesn’t even MENTION that Ron Paul is the second Republican candidate, yet he is the ONLY candidate even discussing, let alone discussing with COMPETENCE, the condition of America’s, and the global economy!
The GDP of the ENTIRE PLANET is around $50 trillion dollars.
Just the debt of the derivatives market? Around $700 trillion dollars.
That debt alone is 14 times what the world can possibly produce each year!
We are being ‘told’ by MSM and our ‘REPRESENTATIVES’ that everything is fine, the recession will recover soon, we shouldn’t bother about anything, this is temporary.
Yet, at the same time we’re being told these things, the Fed is taking ‘drastic action‘, we’re facing extreme rises in food and energy costs, and individuals are suddenly reporting to anyone that will listen, that their ‘good as gold’ investments are ‘illiquid’ and cannot be touched, even though they earn a bad interest rate.
In the middle of all this rising crisis, it seems incredibly important to promote and show Ron Paul as a leading Presidential candidate, because he is the only one who even addresses the issue. He’s the only one with SOLUTIONS, instead of the huge spending increases of the democratic candidates, and the devotion to military conquests of the other republican candidate.
Why? That is the ONLY question we should all be asking the mainstream media. Even the most mind-bent, mind-controlled individual should be sitting in front of their tube wondering, “when are the candidates going to talk about the economy?”
I say the reason is that they WANT the global economy to be destroyed.
In an age where there is a committee appointed for every idiotic interest under the sun to ‘be sure we’re getting it right,’ NOBODY is even ATTEMPTING to take a serious look at what will solve these problems.
The funny thing, if funny it can be called, is that even the insiders, the speculators, traders, investors, are all confused about this, surprised at the incredible ‘mistakes’ that Bernanke makes again and again, but they haven’t yet connected the dots. These aren’t ‘mistakes.’ They are deliberate actions to worsen the situation, so that when it finally falls, it will be IMPOSSIBLE for anything else to work BUT a global, fascist government.
‘Disappearing’ Ron Paul from all media mention of him during this critical time can ONLY be because the ‘powers that be’ WANT us impoverished and starving. If their intention were to inform and help the American people, Ron Paul would be plastered all over every television station, all over every ad, all over every broadcast that MIGHT reach someone.
Not so. You tell ME what you think the reason is. And don’t say its because he’s boring, or because YOU think he’s a racist. Without an economy, without rights, THERE ISN’T A SINGLE THING ELSE THAT MEANS ANYTHING.
A rumble across America- The Scars: You’re losing your job, you’ve lost your equity, you’re losing your house, your neighborhood looks like a war zone of abandoned properties, and you’ve just gotten your property tax bills. Your local animal shelter is begging for food donations for all the family pets that have been dropped off by people who have lost everything. Your utilities and food have skyrocketed in price.
Scapegoats: You are told to ‘re-evaluate’ your standard of living (silly you- time to get a grip on reality), and ‘don’t blame Wall Street’, and of course, ‘buy buy buy’ stocks which are at a ‘bargain basement price.’ You’re told you were an ‘irresponsible borrower’ getting more house, and more mortgage, than you were ‘supposed’ to. Oh, and, the reminder that the FDIC insures your savings (like they didn’t when the S & Ls fell where the RICH got paid off and many regular folks didn’t).
But the SHADOWS! The Federal Reserve, in secret emergency meetings, agreed to BAIL OUT one of the corporations that sucked down YOUR money like it was Starbucks mochas, but now the truth of their practices is costing us all BIG. But the rich aren’t happy with a bailout, funded by YOU, obligating YOUR CHILDREN’S FUTURE earnings-
Why should the shareholders pay the risk of the investment??? Why should THEY do without their lattes and sushi, their Givenchy and yacht parties? It wasn’t THEIR fault, was it?
Yes, the rumbling by the taxpayers across America is growing and taxpayers have decided to STRIKE.
April 15 is TAX DAY, our own Skull and Bones day, where you get to see how much the rich have sucked YOU dry, at the expense of your labor, your children’s well being, your equity, your retirement, and people want to know: WHERE IS OUR BAILOUT???
A WORLDWIDE TAX DAY PROTEST IS PLANNED.
WE ARE ENCOURAGING EVERYONE TO CALL IN SICK TO WORK THAT DAY. (DON’T ARRANGE FOR IT OFF)
DITCH SCHOOL, LEAVE YOUR HOME. IF YOU OWN A BUSINESS CLOSE DOWN THAT DAY.
WE ARE ENCOURAGING EVERYONE TO PULL ALL OF YOUR MONEY OUT OF YOUR BANK SEVERAL DAYS BEFORE APRIL 15TH AND KEEP IT OUT UNTIL AFTER APRIL 15TH.
DO NOT BUY ANYTHING THAT DAY. NO GAS, NO FOOD, NO FAST FOOD, NOTHING!!
You will see some of them at the post offices. Others will just be quietly weeping at the condition of their families at home. And we haven’t even reached HALF of the loans that will be foreclosed, yet.
How much do you have to lose before you take action? How much do you have to lose before you can’t take it anymore? There are FAR MORE people, honest, hard-working people who have ALREADY lost it all or are facing that prospect within days or weeks. But, of course, the government and the rich will STILL get their share out of you. What are you, a sharecropper???
You may not want to ‘rock the boat’ now, but it won’t be long before this economic collapse catches YOU in its undertow. Will you have done ANYTHING to stop it? No?