conceptwizard

The Developing World Takes Over

Our biggest hope right now is that the few men in Congress have the fortitude to follow through on Auditing the FED. The bill will pass congress but only has 22 votes in the Senate. Bloomberg lawsuit to release FED documents was apealed today by the FED, on the last day for appeal, so they are not giving up easy.

Their reason" It has the likleyhood of putting a run on the banks". Well, enough said, if they are worried about an audit there must be cause to worry. We all know the "mark to market" ruling allowed these institutions to take these toxic assets and set them off their balance sheets. They are marking trillions at 100 cents on the dollar when their worth appox 30 cents.

So what will I do, support everyone who is in the position of doing something about it. And every opportunity I get to testify on why I feel that America is being pillaged by the Financial Warlords, I will present the facts.

This is really all we have is each other and the believe in truth, liberty and our fellow man, sounds like hogwash but it has to come to that in this situation as we dont have the power or the money.


On Sep 30 12:52 PM fran wrote:

> what pray tell would you recommend we do? what will you do/are doing?
>
>
> what action before this tyrant is reappointed for another term?<br/>
>
> are the BANKERS and POLS in bed/in agreement on this? shall we reappoint
> Paul Volcker? we rejected Ron Paul! where is Art Laffer when needed?
> how about the CLUB of ROME or the COMMITTEE of 300?
> WILL YOU LEAD THE NEXT TEA PARTY? WERE YOU THERE AT THE LAST?
>
> On Sep 30 11:22 AM conceptwizard wrote:

The Developing World Takes Over

'I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered..' Thomas Jefferson, (1743-1826), 3rd US President, 1802

Why not ask yourself "who does Benanke answer to"? The FED is not owned by the Government, but controlled by the Bank of International Settlement", as are all central banks.

Does he answer to Congress--- No, he wont do anything they ask.
Does he answer to the President----NO
Does he answer to little Tim Geithner---No

So who then? is he on his own? what gives him the authority?

I for one have major concerns that the FED has no mandate to protect the American public. Its plain who they favor.
We as taxpayers pay interest on the money that he is printing with no oversight or controls in place, what has to happen before people wake up to the fact that we have no control over our destiny.


On Sep 30 10:04 AM fran wrote:

> pray tell--
>
> WHO/WHERE IS THE MASTER PLANNER?

The Developing World Takes Over

You say to yourself how could this happen? It didn’t just happen it was planned that way to force the world’s inhabitants to accept world government. Zero interest rates guarantees the destruction of new capital formation as money runs to asset accumulation or preservation of wealth.

Wall Street Breakfast: Must-Know News

A speech from Ronald Reagon 1964.

"I have spent most of my life as a Democrat. I recently have seen fit to follow another course. I believe that the issues confronting us cross party lines. Now, one side in this campaign has been telling us that the issues of this election are the maintenance of peace and prosperity. The line has been used, "We've never had it so good."

But I have an uncomfortable feeling that this prosperity isn't something on which we can base our hopes for the future. No nation in history has ever survived a tax burden that reached a third of its national income. Today, 37 cents out of every dollar earned in this country is the tax collector's share, and yet our government continues to spend 17 million dollars a day more than the government takes in. We haven't balanced our budget 28 out of the last 34 years. We've raised our debt limit three times in the last twelve months, and now our national debt is one and a half times bigger than all the combined debts of all the nations of the world. We have 15 billion dollars in gold in our treasury; we don't own an ounce. Foreign dollar claims are 27.3 billion dollars. And we've just had announced that the dollar of 1939 will now purchase 45 cents in its total value.?"

Times this by ten now.

Wall Street Breakfast: Must-Know News

The UAW could work for $10 per hour and GM would still fail. The hourly cost difference per car is $68 to $42 for a comparable Japanese product. This is all to do with the legacy costs to GM for retirees. The US taxpayer will end up holding the bag for the retirees via the FDIC or some other government funded savior. I can't wait for the uproar from the general public on this.

There is legal precendent being set here for usurping secured creditors during these procedings that will ripple throughout the justice system. If you can't rely on purchasing a bond or other secured debt from a company during court procedings, this will mark the tip of the iceburg for future legal procedings.

The Obama administration is breaking the law, put in place for protection of secured creditors. What other laws will be broken when there is no repercussions for surcumventing the justice and legal systems. We are opening a whole new playing field.