As our economy, our monetary system and your way of life crumbles before your very eyes…, sound familiar? It’s from my blog, A Revolution Before Tomorrow Morning, written last March.
Way back then I warned of economic collapse and exposed the bastards that are stealing America before our very eyes. Or better yet, eyelids, because, obviously, most Americans are asleep. Asleep, as the greatest fraud ever committed is documented on every TV screen, on the front page of every newspaper and all over the Internet. Nevertheless, the guilty laugh all the way to their private jets.
Everywhere, fingers point to the culprits. Reform Wall Street! Those malicious, greedy scum bags who, after raking in obscene profits, are now relieved of liability as their scheming turns to meltdown and the global economy teeters on collapse. Meanwhile, we innocent bystanders will have to pay the enormous, almost unimaginable, price for their avarice.
If you believed the last paragraph, count yourself among the deceived and as one of the reasons they have succeeded. However, don’t feel too bad, it has taken generations to brainwash America.
For instance, were you taught, in good old U.S. History 101, the one, dominant political controversy that has plagued this nation since its inception? It started with Washington, then Jefferson v. Hamilton, and continued as the principal dilemma of Andrew Jackson’s presidency. “You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out.” His tombstone proclaims his victory “I killed the banks.” However, like a vampire who will not die, the vipers and thieves resurrected again in 1913 when Congress, in the dead of night, after the opposition had left for Christmas holiday, created, once again, a central bank.
That’s right, it is the Federal Reserve System, which is neither federal, has a reserve or is a system, that is the culprit in our continuing economic woes. Repeat after me. It’s the Fed, our central bank, that is hurling America into disaster. The very entity that caused this catastrophe is the very entity we are relying upon to save us. Can you say “irony?”
Don’t believe me. Here’s Congressman Louis McFadden, Chairman of the Committee on Banking and Currency. “We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the federal reserve board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it.” McFadden warned us in 1932.
Perhaps Thomas Jefferson will wake us up. “A central bank is an institution of the most deadly hostility against the principles and form of our Constitution. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their property until their children will wake up homeless on the continent their fathers conquered.” Sound familiar?
And finally Woodrow Wilson, who signed the law that created the Fed in return for campaign donations from these same bankers. Three years later he realized his dire mistake. “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. …all of our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world – no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but the Government by the opinion and duress of a small group of dominate men.”
News flash! Whoever controls a nation’s monetary system controls its government. That’s why Article 1, Section 8 of the Constitution states that Congress shall have the power to create money and regulate the value thereof. Yet, today, the Fed, a cartel of private bankers, in collaboration with the Treasury, creates money out of thin air, takes possession, then loans it out at an interest rate they themselves determine behind closed doors. This den of thieves literally controls our economy, rakes in obscene amounts of money, corrupts our government, has never been audited, does not pay taxes, nor has its constitutionally ever been established by the Supreme Court.
By the way, many of the huge, too big to fail, Wall Street banks that we are bailing out, and who were instrumental in deregulation, are members of the cartel that own the Fed. JP Morgan Chase is the prime example and has come though this crisis far stronger than before. And far more powerful.
When honest politicians, like Ron Paul, sound the alarm they are either ignored by the media or labeled “wing nuts.” When the people rise to protest they are crushed and their voices silenced.
The We the People Foundation is the foremost organization in the struggle to force our government to obey the Constitution. It has repeatedly invoked our First Amendment Right (“Congress shall make no law abridging the right of the people to petition the Government for a redress of grievances”) to petition for redress of grievances. All were ignored. Over 80 thousand Americans signed a petition (www.givemeliberty.org/revolution) that would have driven a stake into the heart of the Fed. Instead of answering, our government, supposedly bound by oath to protect the Constitution, argued in Federal Court that while the Constitution did indeed grant the right to petition, nowhere did it ordain that the government was required to respond.
The court agreed with this absurdity. Therefore, the Foundation appealed to the Supreme Court. Which, although it has never ruled on what the last ten words of the First Amendment decrees, refused to even hear the case. This is absolute tyranny as it is the duty of the Supreme Court to interpret the Constitution.
The question then became, what, short of open revolution, can a free people do when confronted by totalitarianism? Our answer was another attempt at peaceful demonstration. Citizens from all 50 states “Hungering for Redress” made plans to join in a hunger fast on the National Mall. Permits were issued and permission granted for a 24 hours a day, 7 days per week hunger fast with tents as shelters. Our intent was to fast till our petitions were answered and the Constitution obeyed. Then, just a week before we were to begin, the National Park Service informed the Foundation that no one would be allowed to sleep during the fast! And you thought you lived in a democracy.
The people’s demonstration was canceled and our government continues to disregard the Constitution. You can now go back to sleep. OR YOU CAN DO SOMETHING!
While the conman shakes his pom-poms for Obama and Pat crys foul to defend the retarded warmonger, Rome burns to the ground and Ron Paul was right all along.
Americans will never know what happened to them, because they no longer have a free and responsible press.
Thanks conman……..
Watch Ron Paul’s reaction to the passage of the bailout:
http://www.infowars.com/?p=5109
Ron Paul: Bailout Unconstitutional, Special Interests Forced Bill Through Congres
Steve Watson
Infowars.net
Monday, Oct 6, 2008
Texas Congressman Ron Paul has warned that the amended bailout legislation that passed Congress on Friday is not only far worse than the original bill but is also unconstitutional.
Paul speaking just minutes after leaving the floor of the House on Friday, explained that the tax portion of the bill was written by the Senate, when under the Constitution only the House can originate tax bills.
“That in itself was unconstitutional but it’s been done before and it will be done again.” The Congressman said.
Paul highlighted that the passage of the bill defied logic because it was even worse than the original rejected version:
“It’s amazing, you take a very very bad bill, appropriating $700 billion, you can’t get enough votes to pass it so you take it back out, you make it much worse and take it up to over $800 billion.” Paul commented.
“Today is an even sadder day that on Monday,” Paul stated, “Here today when the special interests got their two cents in, or their $10 million worth of lobbying in, the members switched their vote.”
The Congressman decried the fact that 57 members, mostly so called conservatives, switched their votes on Friday. He urged that those who have destroyed the economy and our freedoms not be allowed to dictate how the system is rebuilt in America.
Paul also compared the economic situation to that of the Soviet Union in 1989, urging that the current economic meltdown stems from empire building foreign policy, and that we are now dealing with the bankruptcy of the United States.
Earlier in the day Ron Paul had taken the floor in the House to express his opposition to the bailout, stating that it represents an evasion of the real problem and more of the same inflationary practices that have caused the crisis in the first instance.
Gentlemen, great work!
For me it took 9/11, and an honest search, to reveal the madness behind the conventional/convienent illusion passed by media sources to reveal the true men, and the meaning of their actions, behind the curtin.
Once the door to reality has been opened, no longer does the simple divide and conquer menality apply.
See ya republicrats!
Till “We the People” take back this countries electoral system county by county and the “kill the bank” of our day, the way Andrew Jackson did in his day, we will remain puppets dancing to the tune of the international bankers.
I have so much rigghoramora floating in my head now… so much hullaballoo…. it is just flat out crazy to even digest.
So the market ended up what 370 down yesterday? I was headed home from Aspen (where a blue collar country boy like me works for all the rich people…) and I heard on the radio that the dow was down another 700 points. Wow!
I did a job last week, Thursday to be exact, and the man who paid me $500 cash for a 2 hour job, talked to me for quite a while. We talked about the bailout, its ramicications, its realities.
I asked him point blank, knowing he was richer than snaught, and knowing his 20 million mansion in Del Ray Beach was just up the road from my mother’s place. We hit it off, as we have over the years,… and he told me he was “gonna pull whatever he had that wasn’t a daily consumable off the market, and take his assets and stick them into money market accounts and cash accounts and interest bearing accounts until this all rides over.”
I’ve thought about this the last week. Honestly, I don’t have alot in the stock market. I have some cash accounts, savings, that i feel good about. But my daughter’s investment account, her education IRA, my own IRA… a few trust accounts and some mutual fund accounts?…. yes, I’m a bit worried. Yesteray, the market was down about 350, after being down 806 earlier in the day. The radio tonight, after working for the rich again in Aspen, said the market was down 700. Should I be worried?… I’m beginning to think so.
I struggle to pay my mortgage the last few months. Why? Cuz my rich clients in Aspen/Snowmass are not spending their readily available monies on my services… why?… cuz they are losing money on the market at a rate much grander than I am.
Should I sell my home and cash in the equity and buy a suppressed horse and cattle farm in east Texas with cash? Perhaps so.
Dreams are dreams. Pipedreams are pipedreams. The economy is no certainty. My granddad always said to save 10% of everything you earn…. and you’ll retire a rich man. Perhaps he’s right.
Reality is just that… reality…
Perhaps its time to get real again.
– J
[Till "We the People" take back this countries electoral system county by county and the "kill the bank" of our day, the way Andrew Jackson did in his day, we will remain puppets dancing to the tune of the international bankers.]
Hell, I’d be happy if we’d just take back the contraction or the singular possessive.
Cheers,
B. Jon–
In my opinion, this market is nowhere near bottom. I’ve intimated this in elsewhere on Aspen Post. If this is the extent of the down-draft, the talking heads were wrong. The bail out did work over night.
I’d tell you what I think the market bottom is, but I think it’s probably best to keep that close to the chest and hope to Hell I’m wrong.
Cheers,
Cheers, or the contraction… Hell, the happy singular possessive I’d take back if we’d just be happy.
[Hell, I'd be happy if we'd just take back the contraction or the singular possessive.
Cheers,]
the Dow on 10-09-07 above 14,000
the Dow on 10-09-08 8582 that is down 39%
you have lost almost 40% of your retirement in 1 year, and the market continues to go down hundreds of points in a weekly basis.
Ford and GM are in big trouble of going under and cant get loans to keep them afloat, GM shares dropped 22% today at less than 6 bucks a share and lost 16 billion in the 2nd quarter, Ford fell 8% to less than 2.50 a share
the country of Iceland is bankrupt
one third of the world is eating well, one third getting by, the last third are starving to death
there is a bank run in Europe, dozens of banks have locked their doors because thousands are flocking to them demanding their money.
NEW YORK – In a sign of the times, the National Debt Clock in New York City has run out of digits to record the growing figure. As a short-term fix, the digital dollar sign on the billboard-style clock near Times Square has been switched to a figure — the “1″ in $10 trillion. It’s marking the federal government’s current debt at about $10.2 trillion.
Cost of 911 30 billion not counting Homeland Security budget of over 100 billiion
Katrina 60 billion
bankers and wall street bailout 700 billion to a trillion
Schwarzenegger wants 7-40 billion to help California, Schwarzenegger said the crisis meant California, the most populous and wealthiest US state, was unable to access routine financing used to make payments to schools, local government and law enforcement.
As Washington lawmakers debate as massive, $700 billion, bailout for Wall Street firms that invested in mortgages, CEOs have come under new scrutiny for their multi-million-dollar salaries, even when their companies have suffered.
The bailout plan is likely to have limits on the so-called “Golden Parachutes” for executives forced to leave.
ABC News, in collaboration with James F. Reda and Associates, complied a list of some of the companies in the headlines today and looked at just how much money some of these CEOs are taking home.
CEO Cash Salary Stock, Other Pay Total Pay
Lehman Brothers
2007 Richard Fuld $5,000,000 $66,770,000 $71,770,000
2006 Richard Fuld $7,000,000 $55,323,679 $62,323,679
2005 Richard Fuld $14,500,000 $89,500,000 $104,000,000
2004 Richard Fuld $11,000,000 $24,300,000 $35,300,000
Morgan Stanley
2007 John Mack $800,000 $16,431,500 $17,231,500
2006 John Mack $800,000 $6,321,000 $7,121,000
2005 John Mack $337,534 $30,000,000 $30,337,534
Goldman Sachs
2007 Lloyd Blankfein $27,600,000 $15,500,000 $43,100,000
2006 Lloyd Blankfein $27,800,000 $15,700,000 $43,500,000
2006 Henry Paulson $129,087,000 $34,900,000 $163,987,000
2005 Henry Paulson $600,000 $3,363,422 $3,963,422
2004 Henry Paulson $600,000 $11,660,000 $12,260,000
Bear Stearns
2006 James Cayne $17,300,000 $14,800,000 $32,100,000
2005 James Cayne $12,900,000 $10,300,000 $23,200,000
2004 James Cayne $10,200,000 $9,500,000 $19,700,000
Merrill Lynch
2007 John Thain $15,800,000 $0 $15,800,000
2007 E. Stanley O’Neal $584,000 $161,000,000 $161,584,000
2006 E. Stanley O’Neal $19,200,000 $45,116,327 $64,316,327
2005 E. Stanley O’Neal $14,800,000 $3,120,000 $17,920,000
2004 E. Stanley O’Neal $700,000 $16,766,448 $17,466,448
Washington Mutual
2007 Kerry K. Killinger $1,000,000 $3,468,625 $4,468,625
2006 Kerry K. Killinger $5,100,000 $17,153,715 $22,253,715
2005 Kerry K. Killinger $4,600,000 $8,876,608 $13,476,608
2004 Kerry K. Killinger $2,900,000 $12,335,416 $15,235,416
AIG
2007 Martin J. Sullivan $10,200,000 $5,647,439 $15,847,439
2006 Martin J. Sullivan $16,900,000 $5,838,656 $22,738,656
2005 Martin J. Sullivan $7,750,000 $159,000 $7,909,000
2004 M.R. “Hank” Greenberg $1,400,000 $12,002,880 $13,402,880
Fannie Mae
2007 Daniel Mudd $3,200,000 $5,200,000 $8,400,000
2006 Daniel Mudd $4,400,000 $2,290,000 $6,690,000
Freddie Mac
2007 Richard Syron $5,590,000 $0 $5,590,000
2006 Richard Syron $5,150,000 $0 $5,150,000
Wars and economic recessions and depressions are the most important engines of wealth and power expansion that the global banking families have. Hence several families have profited from most wars over the last two hundred years, and from the distress caused by economic crisis like the Great Depression. To deliberately profit from, and worst to deliberately work to set up and cause wars and depressions, to enrich oneself is a very deep and sick form of evil. It is not surprising that many involved in these families are said to be satanic (Lucifer worshipers) in their beliefs. These are the evil criminals that control our politicians, our stock markets, our banking and insurance institutions, our industries, and our mainstream media.
You know you are living in most interesting times when more and more people are using terms like “new Great Depression” and “World War III”. http://www.rense.com/general83/wquick.htm
all this going chaos and McCain speaks of this 100 year war and Obama says we will keep up the war on terror in afganistan and Iran.
Such a terrible shame that this is the best we have, out of over 300 million people and this is what we have???? pathetic
God we need Ron Paul right now
I, like many old people say, thank God Im old
And I say, thank God I’m poor. When you have nothing, you have nothing to lose. My family and I don’t have far to fall, so it shouldn’t hurt too much. I have been feeling the pinch from higher gas and food prices though, and I anticipate having to cut way back on non-essentials in order to afford the basics.
Infowars,
That was a fantastic overview of the times we’re in. It really looks scary when you put it all together like that. Even though I’ve been preaching imminent doom and gloom for five years now, it’s still shocking to see everything I predicted coming true. I guess I’d been holding out hope that I was just some lunatic conspiracy theorist and that everything would be all right. But no, looks like I’m sane after all. Damn.
Will,
I admire your fire and fury, but what exactly can we do about it? I think Infowars has it right, this has all been manipulated by the wealthy power elite. They’re in complete control of all aspects of our world now. How can you fight that? Better for all of us who understand the severity of what is coming, to prepare ourselves and our families to survive it. Eventually the system will cave in on itself, and we will have a chance to rebuild society from the ashes…those of us who make it through alive that is.
The most important thing we have is each other, and local economies at a time like this, if we are not in the priveleged and protected classes.
When the law is used for injustice, the law is dead, because it has been perverted. The law has been used to create this mess, it has legalized plunder for the few of the many.
When the law is limited to protecting individual rights, there is not a political conflict of interest between classes. When people have opportunity, and are expected by the law to take responsibiliy for their mistakes rather than using the law to shove off the effects on others, we elegantly and simply remove the problems created by a flawed legal model which seem to be a many-headed hydra which overwhelms us with powerlessness.
The answer is to limit the type of fraud and power abuse which is foisted on us by those in positions of authority, which our Constitution was a great model of for a few years. But this type of law is constantly under attack from those who want access to the powers which they dream of abusing for personal gain, which is why the citizens of a free republic must be both well educated and virtuous, courageous, in order to fight off those who want to abuse power, who will always be with us.
How many of those on this forum ever ever were educated in your public schools about monetary history? It’s easy to see when you look at it from the 10,000 year perspective how fiat money (that is the type we have here, money as debt) always, always with no exceptions, leads to empire collapse.
First, educate yourself about economics!!!
http://www.mises.org : the Austrian economists’ model has earned its reputation as the most predictive model of the current mess we are in, and it continues to accurately conceptualize, explain and predict, as our most sound current theory of money and credit. I like to call the Austrian world-view “organic economics” — enjoy!
I do enjoy listening to Jim Rogers…this current interview is a good example of the cluelessness of our university-and public-school educated journalists — they continually express confusion but at the same time cannot dismiss Rogers because his ideas about monetary theory have been proven in reality as evidenced by his stable wealth. Worth a watch then keep questioning!!!
http://www.youtube.com/watch?v=xIsHD7nwTbU
First question to consider: what is money?
Dawn
“It is impossible to introduce into society a greater change and a greater evil than this: the conversion of the law into an instrument of plunder.” -Frederic Bastiat, “The Law”
“Freedom’s just another word for nothing else to loose…”
This just in…..
and I know, you want me to put my tin foil hat on.
check the actual link for information.
http://www.prisonplanet.com/rand-lobbies-pentagon-start-war-to-save-us-economy.html
RAND Lobbies Pentagon: Start War To Save U.S. Economy
EXCLUSIVE: Shocking proposal urges military leaders to attack major foreign power
Paul Joseph Watson & Yihan Dai
Prison Planet.com
Thursday, October 30, 2008
According to reports out of top Chinese mainstream news outlets, the RAND Corporation recently presented a shocking proposal to the Pentagon in which it lobbied for a war to be started with a major foreign power in an attempt to stimulate the American economy and prevent a recession.
A fierce debate has now ensued in China about who that foreign power may be, with China itself as well as Russia and even Japan suspected to be the targets of aggression.
The reports cite French media news sources as having uncovered the proposal, in which RAND suggested that the $700 billion dollars that has been earmarked to bailout Wall Street and failing banks instead be used to finance a new war which would in turn re-invigorate the flagging stock markets.
The RAND Corporation is a notoriously powerful NGO with deep ties to the U.S. military-industrial complex as well as interlocking connections with the Ford, Rockefeller, and Carnegie foundations.
Current directors of RAND include Frank Charles Carlucci III, former Defense Secretary and Deputy Director of the CIA, Ronald L. Olson, Council on Foreign Relations luminary and former Secretary of Labor, and Carl Bildt, top Bilderberg member and former Swedish Prime Minister.
Carlucci was chairman of the Carlyle Group from 1989-2005 and oversaw gargantuan profits the defense contractor made in the aftermath of 9/11 following the invasion of Afghanistan. The Carlyle Group has also received investment money from the Bin Laden family.
Reportedly, the RAND proposal brazenly urged that a new war could be launched to benefit the economy, but stressed that the target country would have to be a major influential power, and not a smaller country on the scale of Afghanistan or Iraq.
The reports have prompted a surge of public debate and tension in China about the possibility that a new global conflict is on the horizon.
China’s biggest media outlet, Sohu.com, speculated that the target of the new war would probably be China or Russia, but that it could also be Iran or another middle eastern country. Japan was also mentioned as a potential target for the reason that Japan holds the most U.S. debt.
North Korea was considered as a target but ruled out because the scale of such a war would not be large enough for RAND’s requirements.
The reported RAND proposal dovetails with recent comments made by Joe Biden, Colin Powell, Madeleine Albright and others, concerning the “guarantee” that Barack Obama will face a major “international crisis” soon after taking office.
It also arrives following a warning from Michael Bayer, chairman of a key Pentagon advisory panel, who echoed the statement that the next administration will face an international crisis within months of taking office.
One would hope that good people, or at least sane people who don’t wish to start a global nuclear war, will oppose the RAND proposal, such as top the military generals who threatened to quit if Bush ordered an attack on Iran. Admiral William Fallon, the head of US Central Command, quit in March last year as a result of his opposition to Bush administration policy on Iran.
Translations from Chinese provided by Yihan Dai.
SOURCES
Sohu.com – http://news.sohu.com/20081030/n260330741.shtml
Ifeng.com – http://news.ifeng.com/mil/4/200810/1029_342_851523.shtml