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Another Crisis Looms Right Around the Corner

I fould this at coinflaion.com. The Day the Dollar Died. johngaltfla.com/blog3/.../. If this fiction will not open your eyes,nothing will. He has written this with much thought how things might unfold in different parts of the nation & the world.The many replies world wide even adds more to all possible out comes if this does happen & just how fast the effects of a dollar crash would be to all Americans & the world.
What worries me the most is the federal law that prohibits my doctor from suppling me with only 30 days worth of a certain med I have to take that gives me the ability to do little things like walk or open a can of food. I see people in the news papers all the time selling these forms of drugs getting jail time! There is millions in the US that has to take pain meds to have a some what of a produtive life after injuries from war,car wreaks & so forth. If the dollar crashes,things will change faster than most realize,we live in very different times than the in the 30s! For most,they can not wrap their brain around what a dollar crash would mean to every day life. Travel will be limited,gas stations will be out of fuel,store shelves will be empty as hospitals in large cities fill up with victims from riots & lack of law enforement. This could happen any day because of the actions that the progressives started that gave birth to the Fed.
Robert K. Landis spoke about the dollar at goldensextant.com. He spells it out as it is, it worth your time to read his words & what his views are & how it effects the USA & the world.
History is being made in the gold markets daily,also in the gun owership,ammo sales,people putting way more food than I can remember. One of the most odd of all is the owner of a rual store where I live,he will except 90% American Silver coins to dollars for gasoline or other any items he has in stock,he told me he takes the dollars out of his wallet to put in the cr & hoards the Silver coins. We are a close knit bunch that has known & grown up together. Many are farmers, I was a lifer in the military until I got hurt & the support I get from these great people is pricless, but there is millions that have no support & will feel the pain of a government that is out of control & is clueless to fix the mess they help create.

Economic Growth Is Just Around the Corner

The Dems policies are forcing small businesses to cut workers,move their offices to their homes,anything they can do to stay open. My son-in law & his dad runs a small biz that built homes,factories,churches & at time paid $17 per hour for un skilled labor, the skilled non-union made 6 figures & up. They & many others in the same line of business have been forced to rent or close their huge office & warehouses. Many went belly up,but my son-in law moved all of their operations to his home & farm. This is going on nation wide. We have a huge solar energy complex being built between Memphis & Jackson,TN.,it has put local non-union businesses with highly skilled workers on the side lines because of the federal government has gave contracts to union owned out of state companies.Maytag closed & moved to union run plant up north.People dont take kindly being forced to join a union to get work.The project will cost way more & the tax payers will pay dearly for it. The news papers are full of "going out business ads" P&G & all the big corps are cutting their work forces, car dealerships are closing,crime has increased to all time highs,homes are being broke into in broad daylight. Banks are not lending money & homes have for sale signs from Memphis to Jackson as more lose their jobs. The pawn shops stay busy & flea markets are packed with folks trying to sell what ever they can to pay bills. Coin shops have pleny of gold coins but silver coins is hard to find unless you shop ebay & the net.
That "corner" seems to be getting harder to see for millions of people & if HC reform & cap & tax is passed by the nuts that call them self law makers,that damn corner will become a "blind corner"!

This Recession Isn't Over: Now for the Hard Part

Looks like a Waterfall recovery-_____________...

The Worst Case Scenario (Someone Has to Say It)

The I Banks are still leveled up to 25:1 with the govs & feds support,the point is 1400 Quadtrillion toxic assets is still on the books & the curtain is getting thinner at exposeing the "club" & the evil they engage in,has not been let to fail & are well on the way to relieving this Nation of the Wealth that is left.More Debt is not the answer,those that bet the farm & loss should take the hit,not the American workers. But that has happen,Trillions lost in 401Ks & the people are lead to believe to keep what little they have left in those same losing retirement accounts,only to be ripe for the picking.
Jefferson was right & we will now will wait to see if Americans have the guts like like our founders had!

The Worst Case Scenario (Someone Has to Say It)

The I Banks are still leveled up to 25:1 with the govs & feds support,the point is 1400 Quadtrillion toxic assets is still on the books & the curtain is getting thinner at exposeing the "club" & the evil they engage in,has not been let to fail & are well on the way to relieving this Nation of the Wealth that is left.More Debt is not the answer,those that bet the farm & loss should take the hit,not the American workers. But that has happen,Trillions lost in 401Ks & the people are lead to believe to keep what little they have left in those same losing retirement accounts,only to be ripe for the picking.
Jefferson was right & we will now will wait to see if Americans have the guts like like our founders had!

Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923

Critique of Quanity Theory of Money:,by Antal E.Fekete is posted right now at goldseek.com. Everyone that has read the above article & posted should read Fekete's essasy & his past articles. I am searching many economic sourses,but so far the keynesian & friedmanites all seem to think,adding more debt as the way forward & the soultion to this economic nightmare the U.S. & the world is faced with.I do not agree with these same economist that are got us here in the first place & continue on this insane path! I can't use one credit card to pay off another,but they think so?

Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923

Jsminset.com posted a link to Martin Armstrong's work that I found to be amazing. Try to google Martin Armstrong & you will find some very not hard to believe stories about Martin & his economic work. I also like Professor Antal E.Fekete work.

NY Fed Model Suggests Economic Recovery Has Started and Recession Will End This Year

take a look at jsmiset.com, you will find some great data that blows the Feds data away.

Geithner's Financial Reform Is Doomed to Fail

Geithner"s " Own Ponzi Scheme" to steal as much of the taxpayers money as possible before taxpayers deside they will no longer "work",because all they earn is going to the goverment! Why work or produce something if it disapears into another goverment black hole? To think this man in charge of the IRS,is like putting Barney Franks in charge of commanding a Sinking Ship!@ Barney would take the only life boat,while all the crew is left to the sharks!

Dow/Gold Ratio and the Dollar: What Does It Mean for Value Investors?

What would happen if one central bank broke ranks & used all of thier greenbacks to buy Gold from comex? It could happen,just look at Russia & think of how it would add to the gold reserves, and what would it do to the price of gold? Just a thought!

Barron's Calls a Bottom

85 Trillion Toxic reasons to not call a bottom.

8 Important Facts About the Federal Reserve

Fireball, i agree with you & want to give you more truthfull data to back up your & many others words! Gata.org daily dispatches has released a copy of a Secert document from the feds that was discovered by resercher Elaine Supkis! She has posted it on her blog & also Jame Truk has helped to translate the various subjects that is exposed by this Doc! I urge you to read these findings on GATAs web site or Elaine Supkis blog! The fastest link is GATA.org/daily dispatch/ James Turk-The Feds-Blueprint of Market Intervention! Elaine did not find this Doc very easy,after going over many of the St Louis Feds docs,she tried google & typed in Secret & the date 1961! Out pop this Secret,that has put the Feds ops & motives in a different light,so this is a must read,for all that know something is wrong & has been for a long time! We just watched 700billion do a vanishing act,now it would be great to see the Fed & anyone with ties to it vanish also,after we retrieve the Wealth they have Amassed from Our Nation & its Resourses!

Monday, November 10: Week in Review

I think Ben & Paulson have took the US Tax Payers for a joy ride that will go down in history as the "Greatest Thief of All Times".! Inflation & Deflation will be on all the MSM Headlines for years! This morning I read where "Goldmans Urged Bets Against California Bonds it Sell"?! Talking about a Bunch of ScumBags at GS! Cal tax payers will get hit hard by this ,but just shows how sorry GS really is! Yesterday I also read a reply to a Cal Congressmans request about Manipulation by 2 Banks in both Gold & Silver Markets,CFTCs reply was a bullshit excuse to this Congressman,a common thing by the CFTC,always protecting the Big Banks that Started the waves of Toxic Paper Created by Pure Greed by Wall Street? JP Morgan is a Disgrace to this Nation,because of thier Involvement ,by doing the FEDS Dirty Work,while Tax Payers take the Brunt of Hurt,that the illumunia avoid.?
Who will give damn about Inflation or Deflation,if we are all broke by the Actions of the FED & King Paulson?The Price Surpression of Silver/Gold has left Miners out of Work,thier Mineing Stocks Worthless or close to it,Shortages of Physical PMs around the World because of paper price compared to physical.
As a Veteren,I see all the Freedoms We Bleed & Died for Going Away Faster than the Dollar can be Printed!!! This Congress & the Next one Have & will Continue to Gave Away Our Nation, to the Banking Cartels & their Familys! Obama has the Far Left & Unions Hounding Him to Repay them for his Election Sucess,which will bring more Pain to Mineing of any kind.Energy will be hit by the Radical Cap & Trade that Leftest Lobbyist are Writting for Congress right now! Inflation will be coming & there will be no stopping it. I hate to be a Gloom & Doom thinking person,but any one with a brain can see through the BullShit being Pushed out of DC & World Leaders!
I Wish all Veterens a Great DAY, Also Those Serving Here & Abroad And Don't Forget Thier Familys!

Welcome to Wall Street, Barack Obama

Obama & the libials in Congress are Clueless of the Thin Foundation that is what is left of a Gutted Free Market System. The Ideals they have let Slip out,will have dire affects on the economey.The masses that voted for him will likely be boiling mad,because there is so much that not yet come to the surface in the Banking,Auto,Credit Card & Housing Mess.Reading a pre-written Speech to Millions does not make a good leader,it's the Actions they do, & I fear He will be getting the Wrong Advice & Acting on it! The Media has already made this man the best President Ever,before he has taking the Oath!MCcain is now breathing a lot better now that he wont be the man to have to face the Nation as the Shit hits the fan,time after time!

Moral Hazard: The Real Culprit of the Financial Crisis

After reading the above comments,I almost forgot what this article is about! I do know Lehman Bros at one time was one of the Banks that owns the Feds Central Banks! JP Morgan & Goldmans took Billions in profits by Naked Short Selling both in Gold & Silver,also they used OCDs in the after Markets to keep prices lower,thus giving them time to beg at the beggers window to cover as many Shorts over the last few weeks! The more things change,they remain the same,just different names doing the same thing by price controls & take downs & manipulation!