Wednesday, December 16, 2009

VIDEO: John Williams Explains When to Expect $Hyperinflation$$$$$$$$$$$

Paul Joseph Watson
Tuesday, February 17, 2009

Respected economist John Williams, editor of, a popular website that tracks real inflation figures, is advising that people hoard physical gold as well as food items in bulk so that they have some means with which to barter as the economic crisis turns ugly.

“Three or four years into the future I think we could be in a hyperinflation, within the current year you’re going to see much higher inflation than most people are looking at,” Williams told MarketWatch.

Williams said that his definition of hyperinflation would be a situation in which a $100 dollar bill would become more functional as a piece of toilet paper than a store of value.

“This is a time when you want to preserve your wealth and assets because inflation will knock the value out of it,” he added, advising that people buy physical gold and assets other than the U.S. dollar.

“Then when the hyperinflation hits you’ll see disruption of normal commerce, you won’t have enough $100 dollar bills to buy what you want,” said Williams, adding that items to barter with, such as a bottle of scotch, would be more valuable than actual cash, even in large quantities.

Williams said that such items should be procured now in bulk so people had some means with which to barter and get them through rough times.

At least as far back as April 2008, six months before the collapse of Lehman Brothers and Bear Stearns, Williams predicted that the world economy was entering a phase of “hyperinflationary depression” that would peak in 2010.

In a hyperinflation special report, Williams said that the U.S. was on an irreversible course of “financial armageddon” that would likely lead to “extreme political change and/or civil unrest”.

Top trends forecaster Gerald Celente has echoed Williams’ advice, remarking recently that putting food on the table will become a primary concern over buying gifts at Christmas.

Sunday, December 13, 2009

Current Silver Prices and Protecting Your Nest Egg

Jeffrey Lewis

I am absolutely convinced that the single best way to protect your nest egg and to grow that investment is to purchase silver based on current silver prices. With Silver prices where they are right now, and the global marketplace the way it is, it is just a matter of time before those who own silver are going to be very wealthy indeed.

Did you know that when it comes to high tech devices like cell phones, PDAs, and computers, silver is far more valuable than gold? Components in those devices require silver to operate properly.Can you say the same for the more expensive gold that is pretty much just used for jewelry?

Silver prices have been kept artificially (in my opinion, at least) low for decades, but with the ever increasing demand on the precious metal by the tech sector, the current silver prices can't stay down forever, especially with more people buying it than ever before. Silver coins are the single best investment option in today's economy and there is virtually no possibility that they will ever be valued at zero. Can you say the same for all of those stock certificates in your portfolio?

Now that almost every 401k and Individual Retirement Account across the country is in decline, more people are finally starting to realize that it probably wasn't the best idea to invest all of their savings in stocks and bonds. Current silver prices, while still reasonably low, have been increasing at a fairly steady pace over the past few years, so now is definitely the right time to get on board.

The American Silver Eagle coin is guaranteed by the U.S. Mint and authorized by the Congress since 1986. Each coin contains one full troy ounce of 99.9 percent pure silver bullion.

If you are searching for a way to more safely invest for your future and that of your family, it is the time to consider precious metals. While gold may be more popular, silver may be more in the reach of the average investor. It is definitely poised to see a tremendous increase in value over the next few years.
Silver Prices Will Explode!

One of the main motivators for investing in silver centers is the fact that silver prices are sure to increase-in a big way.

The big question is not whether silver prices will rise, but when. Perhaps the price explosion will not take place this week or even this year, but it is certainly inevitable and will likely come soon. This dramatic increase in price will make any investment in silver, no matter how small or large, look unbelievable.

One of the main motivators for investing in silver centers is the fact that silver spot prices are sure to increase-in a big way.

The big question is not whether silver price today will rise, but what happens long-term. Perhaps the price explosion will not take place this week or even this year, but it is certainly inevitable and will likely come soon. This dramatic increase in price will make any investment in silver, no matter how small or large, look unbelievable.

Rarely does an investment opportunity present itself that has this kind of profit potential. Following are a few of the reasons that silver prices are sure to take off.
Price Manipulation

There is much evidence that the current silver prices and other precious metals have long been manipulated and coordinated in order to keep markets and there derivatives stable. Obviously officials have denied this.

There is a fear that letting prices settle based on supply, demand, and factors associated with the greater economy would create a panic or fast sell-off, jeopardizing the greater financial markets. A few large banks with particularly strong interests in market stability continually bet on lower prices or short-sell silver.

The amount of "short" silver far exceeds the actual amount of silver by close to a year's worth of mine production. While this type of short selling exists in other markets, it is unprecedented and extreme in silver.
Dwindling Supply

Supply and demand fundamentals alone could trigger an explosion in silver prices.

Silver supply is short and demand continues to grow. This production deficit is well documented.

For more a more in-depth overview of silver supply characteristics and silver prices, click here.

Early 2008 experienced the first significant physical shortage on the retail market-a sign of things to come. The U.S. Mint has begun rationing silver eagles.

Click here for more about silver supply depletion.

Demand will continue, even in the face of flat economic growth, in part because of the emergence of new economies (BRIC countries), but also because silver plays an ever-present role in the manufacture of a vast array of consumer products that, even in the face of an economic slowdown, will continue to be necessary.
Silver is Money

Regardless of how disconnected this idea has become from modern society, silver has always been and will always continue to be a form of money.

It is entirely possible that the continued fall of the dollar could eventually spark a black market in alternative currencies, where gold and silver would be used for barter or in place of dollars.
Strong Dollar Policy

It's not difficult to imagine a fledgling hedge fund or new speculative investor creating a substantial position in the silver market. Silver prices are cheap, it is easy to store, and as discussed above, silver is an asset that can never go to zero.

Click here to learn more about how silver prices are manipulated.

The "strong dollar" policy, which includes manipulation of the gold market, disconnected the inflation alarm system. This made the dollar artificially strong, which, in turn, depressed all commodity prices including and allowed the U.S. to have all the cheap raw materials it needed.

Another reason to be skeptical of the silver price today.

This suppression of commodity prices also had the effect of stifling any investment which would have led to the increase in supply of those same commodities. The U.S. Government, the FED and the Cartel of U.S. Banks created the problem by trying to economically colonize the world, keeping the concentration of wealth in the hands of the few.

This scheme is now falling apart as the dollar descends to its intrinsic value.

Thursday, December 10, 2009

VIDEO: Monckton: Secretive Copenhagen Treaty Creates Larcenous Global Government Tax

Text of agreement outlines plan for tax on all transactions in addition to 2 percent GDP tax, mandates globalist power grab on an “unimaginable scale,” by a “sinister dictatorship,” warns Monckton

Paul Joseph Watson
Wednesday, December 9, 2009

Lord Christopher Monckton warns that the secretive draft version of the Copenhagen climate change treaty represents a global government power grab on an “unimaginable scale,” and mandates the creation of 700 new bureaucracies as well as a colossal raft of new taxes including 2 percent levies on both GDP and every international financial transaction.

Speaking with The Alex Jones Show, Monckton, who is in Copenhagen attending the UN climate summit, said that when he attempted to obtain a copy of the current draft of the negotiating text agreement, he was initially rebuffed before he threatened an international diplomatic incident unless the document was forthcoming.

“I insisted and it took about 10 minutes and they consulted each other with three or four of them arguing over it – none of them would produce the document….I said I know this treaty exists because this is what the conference is all about,” said Monckton.

Only after Monckton threatened repercussions was he handed the the current draft of the treaty, and the details it contained are perhaps a clue as to why the UN officials were so keen to keep it under wraps.

“Once again they are desperately trying to conceal from everybody here the magnitude of what they’re attempting to do – they really are attempting to set up a world government,” said Monckton, adding that the word “government” was no longer used but the process of further centralization of power into global hands was clearly spelled out in the treaty.

Monckton said that the new world government outlined in the treaty would be handed powers to, “Tax the American economy to the extent of 2 percent GDP, to impose a further tax of 2 percent on every financial transaction….and to close down effectively the economies of the west, transfer your jobs to third world countries – all of that is still in the treaty draft.”

As the leaked document out of Copenhagen reported on by the London Guardian revealed yesterday, this massive new system of global taxation will be paid not to the UN, but directly into the coffers of the World Bank.

“The draft hands effective control of climate change finance to the World Bank; would abandon the Kyoto protocol – the only legally binding treaty that the world has on emissions reductions; and would make any money to help poor countries adapt to climate change dependent on them taking a range of actions,” reported the Guardian.

Monckton illustrated the size of the new taxes being proposed by noting they amounted to at least half of the entire US defense budget.

“This is how they are going to fund this vast new government they’re setting up,” said Monckton, adding that he counted around 700 new bureaucracies that would be created as a result of the treaty, which would be bankrolled by taxpayers even outside of the raft of new taxes the treaty would create.

Monckton outlined how the new taxes would be enforced, stating, “They’re going to auction allowances to emit greenhouse gases and if you don’t buy an allowance to emit greenhouse gases, you won’t be allowed to emit them,” adding that the text contained a provision for a “uniform global levy of $2 dollars per ton of CO2 for all fossil fuel emissions,” as well as an additional tax on every commercial plane journey, except ones that go in or out of poorer countries.

There would also be a “global levy on international monetary transactions – that means every transfer of money across borders will be taxed,” said Monckton, adding that this would be on top of the GDP tax.

The treaty outlines, “Penalties or fines for non-compliance,” in developed countries and the creation of an international police force to “enforce its will by imposing unlimited financial penalties on any countries whose performance under this treaty they don’t like,” added Monckton, saying that it amounted to a total global government takeover on an “unimaginable scale”.

“We’re looking at a grab for absolute power and absolute financial control worldwide by the UN and its associated bureaucracies and 700 new bureaucratic bodies,” said Monckton.

Speaking about how such draconian measures were being forced through despite the recent scandal surrounding how key IPCC-affiliated scientists conspired to “hide the decline” in global warming, Monckton emphasized how the climate change establishment were still ludicrously attempting to downplay the significance of the climategate emails by merely repeating their already discredited propaganda about global warming.

“What has happened is that the mainstream media has done themselves terrible damage by signing up to this climate nonsense and then by servilely refusing to admit that climategate was happening, admit how serious it was and simply inform their readers of what was actually in these emails,” said Monckton, “Admissions that while they’re telling us, as the Met Office did just today, that today is the warmest decade since records began 150 years ago, privately what they’re saying in the climategate emails is ‘hey look we’ve got a temperature which has been falling and we can’t explain why and it’s a travesty that we can’t explain why’ – so they’re saying one thing to us publicly to maintain the scare that’s making them rich, and that’s what’s called fraud, it’s criminal fraud, and on the other hand they’re saying privately ‘oh dear oh dear we can’t account for the fact that there’s been no warming for the last 15 years’”.

Monckton said that the Copenhagen treaty meant America was in “immediate peril” of losing its freedom to a “sinister dictatorship” being formed under the contrived pretext of global warming.

Watch the five part interview with Monckton below.

Monday, November 30, 2009

VIDEO: "Climate Change" Fraud Exposed! Lord Monckton Says "Shut Down The UN, Arrest Al Gore".

Paul Joseph Watson
Saturday, November 28, 2009

Appearing on The Alex Jones Show yesterday, Lord Christopher Monckton went further than ever before in his vehement opposition to the elitists running the climate change scam, calling for the UN to be shut down and for fraudulent peddlers of global warming propaganda like Al Gore to be arrested and criminally prosecuted.

Monckton said that those who are threatening to shut down economies, bankrupt nations, and deepen the problems of the third world by implementing draconian policies in the name of global warming should be indicted, prosecuted and imprisoned “for a very long time”.

“The fraudsters and racketeers from Al Gore to the people at the University of East Anglia who have been making their fortune at the expense of taxpayers and the little guy,” should be criminally charged, said Monckton, in response to the climategate scandal.

“We the people have got to rise up worldwide, found a party in every country which stands for freedom and make sure we fight this bureaucratic communistic world government monster to a standstill – they shall not pass,” he added.

Monckton said that the United Nations should be “closed down,” adding that he talked to a senior UN ambassador in Canada who told him that he no longer saw any purpose in the UN and it exists “only to enrich itself at the expense of the nations it claims to serve, it’s time it was brought to an end.”

“We would all save billions if we shut down the UN and just about all of its hideous bureaucracy,” said Monckton.

Lord Monckton emphasized how the emails released as a result of climategate prove that global warming alarmism was still prevalent in public but behind closed doors, warmist scientist are admitting that the “deniers” as they label people like Monckton are correct.

“Publicly they’re saying the science is settled, we’re all doomed unless you close down the economies of the west, whereas privately they’re saying to each other ‘we’ve got it wrong, none of this adds up and it’s a travesty that we can’t explain it’.”

Monckton also slammed Obama’s science czar John P. Holdren, who in his 1977 book Ecoscience called for draconian population measures to be enforced by a “planetary regime” in the name of saving the earth, as an “openly admitted communist”.

Monckton pointed out how Holdren had been once of the most prominent alarmists in the 70’s warning about the onset of rapid “global cooling”.

“Now with seamless mendacity he says that what we’re now facing is global warming,” said Monckton.

“How can anyone like Holdren stand up with a straight face and expect anyone to believe it,” he added.

Monckton said that the agenda behind the global warming movement was to set up a communistic world government which will be run by people who “do not care how many people they kill with their policies” and that their goal is to “do away with democracy forever by stealth using the excuse to save the planet.”

Monckton said that the people running the scam had a “deliberate desire to control population by killing people in large numbers deliberately if necessary.”

The former advisor to Margaret Thatcher said that the warmists were sounding more and more desperate and knew that they had been rumbled as a result of climategate, which would only make it more urgent for them to try and force through a binding treaty in Copenhagen.

Monckton said that the answer to combating the move towards neo-feudalism and global government was to form a worldwide “freedom party” that would operate nationally in every country in order to defend freedom, democracy and prosperity while routing out every aspect of the communistic takeover.

“Every time these people try to take it away, we in the freedom party will stop them, and I think now is the time,” said Monckton.

Watch the interview in full below.

Sunday, November 1, 2009

Facing A Total Breakdown Of Financial Markets

Bob Chapman
Oct 28, 2009

Most professionals, investors and the public still do not understand that we are facing a total breakdown of financial markets, which in turn will take down the economy as well, and will lead to a depression of five years or more. There are no solutions; the problem should have been attended to in 1990. After June of 2002, there was no turning back. The damage inflicted will take years to heal. Those who created the crisis, who are now supposedly trying to fix it, are playing for time. Many people are realizing what the bankers and Wall Street are up too, as bubbles deflate inflation is rising. Zero interest rates certainly do not induce people to save, although savings have risen to more than 4% of GDP, as debt is aggressively being reduced. As long as money and credit is being increased, monetization increases and no purge of the problem takes place, the economy will continue to deteriorate.

The Illuminist's plans to destroy America are coming unglued. Their puppet in the White House has monstrous problems. Plunging approval ratings, Cap & Trade legislation being held up in the Senate, medical reform that is going nowhere, massive deficits and a stimulus package that isn't working.

An issue the elitists did not think they would have to deal with is the question of whether Obama is a citizen or not. They thought they would be able to bamboozle the public. That question has become a cause celebre. Thus, if the President's controllers want to dump him it will be easy. They will just make sure it is finally discovered he was born in Kenya. Then it is game over. The failure of Obama will further force the Illuminists to cut back on their plans for a new world order. They will try their best to extend the time frame. The dollar devaluation, rising unemployment that brings social problems, or a breakdown in society will be avoided at all costs. This means more and bigger injections of money and credit, more monetization, more stimulus and more subsidies. That means we definitely will have hyperinflation and a falling dollar. That means gold and silver will go higher. That could mean an abandonment of a green policy, and the failure of Cap & Trade, healthcare reform and Copenhagen. We will have to see how things develop.

From here on out the Fed isn't going to get away with anything. Anyone who has been in the market for any length of time knows all of our current problems emanated straight from the fed. It is now obvious that the take down of the dollar is deliberate and there is little effort to save it; just an effort to bring it down slowly and incrementally. There is no question banks will continue to get cheap loans and either deposit the money with the Fed for a 3% gain to buy Treasuries or opportune the markets. An increase in interest rates is a year or more off. Higher rates mean a collapse not only in the economy, but in credit derivatives as well - some $600 billion worth. Besides who wants mortgage rates back up to 6-1/2% to 7%? That would send housing prices lower and unsold inventories higher and that would destroy bank balance sheets. That also means the phantom inventory would become much more visible. That would collapse many banks. We say no change in rates for a year or more. Next enters the dollar carry trade and once it ends the dollar will collapse and that should coincide with the official dollar devaluation, default and bank holiday. It is no wonder foreigners are issuing bonds in US dollars to capture the depreciation. Eventually this will lead to US tariffs on goods and services and trade war. It will also bring an end to the fraud and monetization. Either the US purges their financial system or no one will accept dollars. That is when monetization will finally end.

Is it any wonder some nations are buying gold, particularly China. We now have a Chinese put on gold just as the US stock market once had a Greenspan put to keep it at ridiculously high levels. The Chinese are working with an element that has been suppressed since 1968. We now know that from documents released via the FOIA. We saw it in secret gold sales in 1987 via London. Then we were subject to the President's "Working Group on Financial Markets" since 1988. The suppression of the gold price by the US and UK all those years has made gold extremely cheap. Thus the Chinese have the perfect vehicle to dump their dollars into. Every time the US Treasury knocks gold down China and others are there as buyers.

Gold has entered phase 2, which we described in 2000. Phase 2 will carry to $2,500 to $3,000. That should be followed by phase 3 to $6,700. That will then allow gold to reflect real inflation since 1980. Needless to say, in 2000 we had no idea that China would be the propellant to move gold higher. As you know 96% of letter writers, analysts and economists have stated gold will fall below $1,000 again. They are wrong and as usual they will continue to be wrong. They cannot understand that this is psycho-political warfare and there are no rules. He who has the gold makes the rules. They all believe this is transitory and we will go back to business as usual. That is not the way it is going to be. The US is finished as an international imperial power. We wish it was otherwise, but those are the facts. The elitists who control our economies and financial system have deliberately destroyed it in order to bring about world government. Once these mallet heads understand what the game is they will realize where this is headed. Just stop and think, is it normal for a bank to leave lending at 8 to 10 to one of deposits to lend at 40 to one, as the Fed cheers them on? Of course not. Bankers know that is suicidal. So why did they do so? And, why are they still leveraged at those levels? It is because the big banks controlled by the Illuminists want the system to collapse in order to force Americans and Europeans to accept world government. If you can think of another reason let us know. These people are not stupid. They know exactly what they are doing. We wrote an article for Bull & Bear in August 1988, that described the new manipulation of the gold market, but no one was listening. Finally ten years later others discovered what we had discovered long before. Finally today many understand what the elitists are really up too. Even they though don't understand the end game. If they do they are not writing about it.

We have entered a phase where the Fed and the US Treasury recognize that they can no longer hold up the dollar. They can only impede its downward progress. In that process US and British transnational conglomerates can make even more money by paying for goods in dollars and shorting the dollar simultaneously. This process began at the beginning of the year led by the Chinese and as a result Forex reserves of foreign central banks fell from 64.5% to 62.8% in dollar terms.

Those events have been accompanied by a flight into other currencies and gold and the use of the dollar in the carry trade. Zero US interest rates will stay at that level indefinitely irrespective of the inflation that will rage in the US and be transported worldwide. Once the dollar falls to long-term support at 71.18 to 72 on the USDX, there will probably be a rally and a retest. Sometime in 2010, 71.18 will be broken to the downside and we will then find out where the real bottom on the dollar will be. It could be 40 to 55, we won't know until we get there. That is when official devaluation and default will occur, not only in the US dollar but in many other currencies. That will cause financial chaos worldwide and you had better have gold and silver if you want to survive.

Wednesday, October 21, 2009

CIA To Monitor Internet Chatter For Anti-Government Sentiment

High-tech fascism straight out of V For Vendetta on the horizon

Paul Joseph Watson
Tuesday, October 20, 2009

In the 2005 movie V For Vendetta, a film about a totalitarian society ruled by a fascist government with an iron surveillance fist, there’s a scene where state spooks drive down a residential street with a gadget that records the conversations people are having inside their homes and gives them a rating on how antagonistic towards the authorities they are.

A frighteningly similar scenario is now on the horizon with the news that the CIA’s investment arm In-Q-Tel is putting cash into Visible Technologies, a company that monitors the output of social media, in order to “Read your blog posts, keep track of your Twitter updates — even check out your book reviews on Amazon,” reports Wired News.

Of course, the fact that the U.S. government and the military have been overloading the Internet with pro-war propaganda and trolls who are paid to cheerlead for the war on terror and attack critics is an admitted part of their cyberwarfare agenda, and Israel has done the same.

However, the prospect of the CIA closely monitoring social networking websites, whose content largely comprises of inane gossip and sophomoric blabber, shows just how afraid the establishment is of rising popular opposition to their agenda.

“Visible crawls over half a million web 2.0 sites a day, scraping more than a million posts and conversations taking place on blogs, online forums, Flickr, YouTube, Twitter and Amazon. Customers get customized, real-time feeds of what’s being said on these sites, based on a series of keywords,” according to Wired.

The software scores whether each post is positive, neutral or negative on a particular topic and can judge who the most influential poster is in a conversation, for example on a comment board or forum.

According to In-Q-Tel, it wants to use the technology to see how international issues are playing out in foreign media, but as the report notes, “Of course, such a tool can also be pointed inward, at domestic bloggers or tweeters. Visible already keeps tabs on web 2.0 sites for Dell, AT&T and Verizon. For Microsoft, the company is monitoring the buzz on its Windows 7 rollout. For Spam-maker Hormel, Visible is tracking animal-right activists’ online campaigns against the company.”

Steven Aftergood of the Federation of American Scientists warns that the software could be used to track and target critics of the government, as well as political figures and journalists.

“Intelligence agencies or employees might be tempted to use the tools at their disposal to compile information on political figures, critics, journalists or others, and to exploit such information for political advantage,” Aftergood told Wired.

Visible chief executive officer Dan Vetras said that the CIA was just one of several government clients that were using the technology and that more were on the horizon.

VIDEO: Alex Jones Asks Patriots To Double Fight Against NWO Tyranny

VIDEO: Lord Christopher Monckton Says Obama Poised To Surrender The U.S. Into Slavery & The New World Order

Obama Poised to Cede US Sovereignty, Claims British Lord

Fightin' Words
October 15, 2009

The Minnesota Free Market Institute hosted an event at Bethel University in St. Paul on Wednesday evening. Keynote speaker Lord Christopher Monckton, former science adviser to British Prime Minister Margaret Thatcher, gave a scathing and lengthy presentation, complete with detailed charts, graphs, facts, and figures which culminated in the utter decimation of both the pop culture concept of global warming and the credible threat of any

significant anthropomorphic climate change.

A detailed summary of Monckton's presentation will be available here once compiled. However, a segment of his remarks justify immediate publication. If credible, the concern Monckton speaks to may well prove the single most important issue facing the American nation, bigger than health care, bigger than cap and trade, and worth every citizen's focused attention.

Here were Monckton's closing remarks, as dictated from my audio recording:

At [the 2009 United Nations Climate Change Conference in] Copenhagen, this December, weeks away, a treaty will be signed. Your president will sign it. Most of the third world countries will sign it, because they think they're going to get money out of it. Most of the left-wing regime from the European Union will rubber stamp it. Virtually nobody won't sign it.

I read that treaty. And what it says is this, that a world government is going to be created. The word "government" actually appears as the first of three purposes of the new entity. The second purpose is the transfer of wealth from the countries of the West to third world countries, in satisfication of what is called, coyly, "climate debt" - because we've been burning CO2 and they haven't. We've been screwing up the climate and they haven't. And the third purpose of this new entity, this government, is enforcement.

How many of you think that the word "election" or "democracy" or "vote" or "ballot" occurs anywhere in the 200 pages of that treaty? Quite right, it doesn't appear once. So, at last, the communists who piled out of the Berlin Wall and into the environmental movement, who took over Greenpeace so that my friends who funded it left within a year, because [the communists] captured it - Now the apotheosis as at hand. They are about to impose a communist world government on the world. You have a president who has very strong sympathies with that point of view. He's going to sign it. He'll sign anything. He's a Nobel Peace Prize [winner]; of course he'll sign it.


And the trouble is this; if that treaty is signed, if your Constitution says that it takes precedence over your Constitution (sic), and you can't resign from that treaty unless you get agreement from all the other state parties - And because you'll be the biggest paying country, they're not going to let you out of it.

So, thank you, America. You were the beacon of freedom to the world. It is a privilege merely to stand on this soil of freedom while it is still free. But, in the next few weeks, unless you stop it, your president will sign your freedom, your democracy, and your humanity away forever. And neither you nor any subsequent government you may elect will have any power whatsoever to take it back. That is how serious it is. I've read the treaty. I've seen this stuff about [world] government and climate debt and enforcement. They are going to do this to you whether you like it or not.

But I think it is here, here in your great nation, which I so love and I so admire - it is here that perhaps, at this eleventh hour, at the fifty-ninth minute and fifty-ninth second, you will rise up and you will stop your president from signing that dreadful treaty, that purposeless treaty. For there is no problem with climate and, even if there were, an economic treaty does nothing to [help] it.

So I end by saying to you the words that Winston Churchill addressed to your president in the darkest hour before the dawn of freedom in the Second World War. He quoted from your great poet Longfellow:

Sail on, O Ship of State!

Sail on, O Union, strong and great!

Humanity with all its fears,

With all the hopes of future years,

Is hanging breathless on thy fate!

You can read the whole article right here:

Ron Paul: US Dollar Collapse When China Stops Buying Debt

The title of this article says it all. You can read all about it right here:

VIDEO: Bob Chapman On One World Currency

VIDEO: Gerald Celente Says Economic Recovery Is A Fraud

Wednesday, October 7, 2009

VIDEO: The Fall Of The Republic (Trailer #2)

VIDEO: The Demise of the Dollar

The Demise of the Dollar
By Robert Fisk
October 6, 2009

In the most profound financial change in recent Middle East history, Gulf Arabs are planning - along with China, Russia, Japan and France - to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.

Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars.

The plans, confirmed to The Independent by both Gulf Arab and Chinese banking sources in Hong Kong, may help to explain the sudden rise in gold prices, but it also augurs an extraordinary transition from dollar markets within nine years.

The Americans, who are aware the meetings have taken place - although they have not discovered the details - are sure to fight this international cabal which will include hitherto loyal allies Japan and the Gulf Arabs. Against the background to these currency meetings, Sun Bigan, China's former special envoy to the Middle East, has warned there is a risk of deepening divisions between China and the US over influence and oil in the Middle East. "Bilateral quarrels and clashes are unavoidable," he told the Asia and Africa Review. "We cannot lower vigilance against hostility in the Middle East over energy interests and security."

This sounds like a dangerous prediction of a future economic war between the US and China over Middle East oil - yet again turning the region's conflicts into a battle for great power supremacy. China uses more oil incrementally than the US because its growth is less energy efficient. The transitional currency in the move away from dollars, according to Chinese banking sources, may well be gold. An indication of the huge amounts involved can be gained from the wealth of Abu Dhabi, Saudi Arabia, Kuwait and Qatar who together hold an estimated $2.1 trillion in dollar reserves.

The decline of American economic power linked to the current global recession was implicitly acknowledged by the World Bank president Robert Zoellick. "One of the legacies of this crisis may be a recognition of changed economic power relations," he said in Istanbul ahead of meetings this week of the IMF and World Bank. But it is China's extraordinary new financial power - along with past anger among oil-producing and oil-consuming nations at America's power to interfere in the international financial system - which has prompted the latest discussions involving the Gulf states.

Brazil has shown interest in collaborating in non-dollar oil payments, along with India. Indeed, China appears to be the most enthusiastic of all the financial powers involved, not least because of its enormous trade with the Middle East.

China imports 60 per cent of its oil, much of it from the Middle East and Russia. The Chinese have oil production concessions in Iraq - blocked by the US until this year - and since 2008 have held an $8bn agreement with Iran to develop refining capacity and gas resources. China has oil deals in Sudan (where it has substituted for US interests) and has been negotiating for oil concessions with Libya, where all such contracts are joint ventures.

Furthermore, Chinese exports to the region now account for no fewer than 10 per cent of the imports of every country in the Middle East, including a huge range of products from cars to weapon systems, food, clothes, even dolls. In a clear sign of China's growing financial muscle, the president of the European Central Bank, Jean-Claude Trichet, yesterday pleaded with Beijing to let the yuan appreciate against a sliding dollar and, by extension, loosen China's reliance on US monetary policy, to help rebalance the world economy and ease upward pressure on the euro.

Ever since the Bretton Woods agreements - the accords after the Second World War which bequeathed the architecture for the modern international financial system - America's trading partners have been left to cope with the impact of Washington's control and, in more recent years, the hegemony of the dollar as the dominant global reserve currency.

The Chinese believe, for example, that the Americans persuaded Britain to stay out of the euro in order to prevent an earlier move away from the dollar. But Chinese banking sources say their discussions have gone too far to be blocked now. "The Russians will eventually bring in the rouble to the basket of currencies," a prominent Hong Kong broker told The Independent. "The Brits are stuck in the middle and will come into the euro. They have no choice because they won't be able to use the US dollar."

Chinese financial sources believe President Barack Obama is too busy fixing the US economy to concentrate on the extraordinary implications of the transition from the dollar in nine years' time. The current deadline for the currency transition is 2018.

The US discussed the trend briefly at the G20 summit in Pittsburgh; the Chinese Central Bank governor and other officials have been worrying aloud about the dollar for years. Their problem is that much of their national wealth is tied up in dollar assets.

"These plans will change the face of international financial transactions," one Chinese banker said. "America and Britain must be very worried. You will know how worried by the thunder of denials this news will generate."

Iran announced late last month that its foreign currency reserves would henceforth be held in euros rather than dollars. Bankers remember, of course, what happened to the last Middle East oil producer to sell its oil in euros rather than dollars. A few months after Saddam Hussein trumpeted his decision, the Americans and British invaded Iraq.

Tuesday, September 29, 2009

The Price of Pretense in Pittsburgh

By Peter Schiff
Campaign For Liberty

Peter Schiff is president of Euro Pacific Capital and author of The Little Book of
Bull Moves in Bear Markets and Crash Proof: How to Profit from the Coming
Economic Collapse.

As another G20 meeting rolls around, this time on home soil, the time comes once again for the
economically curious but politically unconnected to wonder what is really happening behind closed
doors. But while admiring the pageantry, chuckling at the awkward group photos, and parsing the
joint communiques like newly found Dead Sea scrolls, the overwhelming majority of observers will
miss the meeting's dominant theme: hypocrisy.
Everyone agrees that the principal agenda item in Pittsburgh will be the need to rein in the "global
imbalances" that created the late economic crisis. Everyone also agrees that these imbalances
involve too much spending and borrowing by Americans and too little of both by the Chinese and
other developing nations. In his remarks this week at the United Nations, President Obama used his
peerless rhetorical skill to frame the issues clearly and plainly. Noting that a return to pre-crisis
economics is impossible, the president assured the world that his administration will pursue policies
to increase savings and decrease spending at home and challenged his Chinese counterparts to
enact measures with the opposite effect in their own country.
While this is roughly what needs to happen, President Obama is actually doing everything in his
power to prevent it. In point of fact, every policy move undertaken by his administration has
exacerbated the very imbalances he supposedly wants to curtail. To so seamlessly profess one goal
while simultaneously undermining it is an impressive piece of political theater. Unfortunately, this
particular drama is likely to have an unhappy ending -- and the ticket price will be staggering.
What exactly are the federal fiscal stimuli other than deliberate, but clumsy, efforts to get people,
companies, and governments to spend money they don't have? Programs like tax credits for new
homebuyers or "cash for clunkers" are intended to encourage consumers to spend money that they
otherwise might have saved. Grants to municipalities allow them to hire workers and spend money
locally that they otherwise would have forgone.
Federal intervention in the mortgage and credit card debt markets, where they are now nearly the
sole buyer, has been specifically undertaken to keep interest rates low and financial firms solvent --
so that Americans can keep buying homes and using their credit cards. While the Fed will continue
to hand out free money to any and all borrowers for an "extended period," the abysmally low interest
on deposits that such a policy creates disincentivizes personal savings even further.
In 2009, despite the tilted playing field, the American people have heroically managed to increase their savings (although clearly not as much as they would have in a free market). But President
Obama's runaway deficit spending is undermining their efforts. The simple truth is that government
debt is our debt. So if a family manages, at some cost to their lifestyle, to squirrel away an extra
$1,000 in saving this year, but the government adds $20,000 in new debt per household (each
family's approximate share of the $1.8 trillion fiscal 2009 deficit), that family ends up owing $19,000
more than they did at the beginning of the year!
So much for our end of the bargain. How about on the other side of the Pacific? Will the Chinese
restore balance by increasing their spending? How can they while they are lending us all their
money? Remember, any money the Chinese spend is money they cannot loan to us. So, if China
really wanted to spur domestic consumption, the best way to do so would be to stop buying our
debt. Even better, they could sell Treasuries they already own and distribute the proceeds to their
citizens to spend.
However, the Obama administration is heavily lobbying the Chinese to get them to step up to the
plate and buy record amounts of new Treasury debt. Obama cannot have it both ways. He cannot
claim he wants the Chinese to spend more, but then beg the Chinese government to take money
away from Chinese consumers and loan it to the United States Treasury.
In the end, Obama will get precisely what he publicly claims to desire but privately dreads. The
Chinese government will come to its senses and stop buying Treasuries. This will cause the U.S.
dollar to collapse, but it will also allow Chinese citizens to fully enjoy the fruits of their labor.
Once the Chinese begin consuming more of their own products, those products will no longer be
available to Americans. Once they start spending more of their incomes on themselves, those funds
will no longer be available for us to borrow. Unfortunately, that is when our real economic crisis will
begin. The worst part is that the longer these imbalances are allowed to continue, the larger they
grow and the more painful the ultimate adjustment process becomes.
But for now, it's all pomp, circumstance and hypocrisy in Pittsburgh. Why yes, Madam Finance
Minister, I'd love another of those crab cakes!
Copyright 2009 Euro Pacific Capital

AUDIO: Alex Jones Interview With Ron Paul

Ron Paul speaks of coming dollar collapse and the "Audit The Fed" bill:

VIDEO: A Portable Prision Just For You

VIDEO: Refuse Swine Flu Shot & You'll Go To A Concentration Camp

Saturday, September 26, 2009

Stop Cap and Tax !!!

by John Tate
Campaign For Liberty
Sept 17, 2009

Dear Friend of Liberty:

One day, you hear a loud knock on your front door.

But it’s not a neighbor visiting or someone trying to sell you a subscription.

Instead, it’s a federal agent -- the federal government’s newest threat to your liberty demanding to check your household appliances . . . your light bulbs . . . your thermostat . . . and this is NO JOKE.

Believe me, I wish it was.

But should the so-called Cap and Trade Bill (which should be called Cap and Tax) pass, what I just described could be EXACTLY what you and I see in home after home, town after town all across our country -- along with skyrocketing taxes, home electric bills and heating prices.

That’s why it’s vital you sign the petition linked at the end of this letter to your U.S. Senators, insisting they vote against this dangerous power grab IMMEDIATELY.

You see, if passed, Cap and Tax would give the federal government UNPRECEDENTED control over the private sector -- and our very lives.

Big Government bureaucrats in Washington would effectively be able to tax businesses for emitting more carbon dioxide than they think is “appropriate.”

Just as bad, they’ll be able to demand you change your way of living -- forcing you to “retrofit” your house with “government-approved” light-bulbs, refrigerators, water heaters, toilets, air conditioners, and whatever else they can dream up.

And don’t think for a second they won’t send around federal jackboots to make sure you’re complying.

In fact, the Cap and Tax Bill SPECIFICALLY AUTHORIZES just such intrusive home visits by government snoops, empowered to sniff around your basement, climb into your attic and search your closets.

And that’s not all.

You see, Cap and Tax is just another excuse for Big Government to reach their greedy little hands deep into our wallets.

If passed, Cap and Tax would:

*** Increase taxes by $650 BILLION, virtually guaranteeing that our economy gets even worse and NEVER recovers;

*** Result in over ONE MILLION lost American jobs per year as energy-intensive industries are forced to shut their doors or move overseas;

*** Allow Big Government politicians to decide which businesses get taxpayer subsidies and which ones are shut down, virtually guaranteeing massive corruption on a scale we’ve never seen before in the United States.

And don’t believe the lies. This bill has nothing to do with the environment.

In fact, the best experts agree Cap and Tax will have almost zero impact on the environment anyway -- except, of course, for lost jobs, higher taxes, and blighted small towns and rural communities.

So what is Cap and Tax really about?

Raw government POWER.

Government POWER to tax.

Government POWER to enter your home to “check for compliance.”

And government POWER to control the economy, our lives and our freedom.

Just take a look at Spain -- the Cap and Taxers’ “shining” example of an eco-socialist paradise.

There, unemployment is approaching 20% and rising.

And what about all those new “green” jobs Cap and Tax apologists are claiming will be generated?

In Spain, for every new “green” job created (at a taxpayer cost of $800,000 EACH mind you), 2.2 economically-productive jobs are destroyed!

The fact is, passage of Cap and Tax could send our economy nose-diving off a cliff!

So it’s never been more important that you act TODAY.

The good news is, Campaign for Liberty has a plan to fight back.

But, I’m afraid, unless you act IMMEDIATELY, Cap and Tax will become law.

Sign the petition right here:

I won’t mince words. Our backs are against the wall. Already, Big Government politicians on both sides of the aisle have rammed this bill through the U.S. House.

And President Barack Obama would love nothing more than to flash a grin for his pals in the national media as he signs Cap and Tax into law.

So that means our ONE CHANCE to stop this radical bill is the U.S. Senate.

And there, our job isn’t easy. Just like in the House, there are pro-Cap and Tax Senators in both parties.

But there is good news.

There are also a lot of VERY nervous Senators in both parties. In fact, even John McCain is now wavering from his past support for Cap and Tax.

These Senators are nervous because they know that freedom-loving folks like you are catching on to what is happening and are fighting back against their schemes to take over health care and are unified in our fight to reign in the out-of-control Fed.

They’re nervous because we’ve come a long way in stopping their assaults on our liberty.

So now, in this latest fight, many Senators are riding the fence.

They’re afraid of what YOU’LL do to them if they vote to ram Cap and Tax into law.

So today, our job is to KNOCK those Senators off the fence and squarely onto our side by sending this one very LOUD and very CLEAR message to the U.S. Senate . . .

. . . Any politician who votes FOR Cap and Tax should look for another job.


Here’s how Campaign for Liberty plans to do that -- hopefully, with your help.

First, we’re already busy contacting up to five million activists nationwide through mail, phones and email to generate petitions to the U.S. Congress demanding U.S. Senators vote AGAINST Cap and Tax.

And that’s just the beginning.

With your help, we’ll work the blogs and write guest editorials.

We’ll brief influential writers and columnists who will be sympathetic to our efforts.

We’ll work the talk radio stations and grant local media interviews to further turn up the pressure on Congress.

And a few days before the vote, if we have the resources, we’d also like to run hard-hitting targeted radio, TV and newspaper ads calling on Senators to vote against Cap and Tax.

Now, none of this is going to be easy -- or cheap.

But, with your help, I’m confident we can turn up so much grassroots pressure on our U.S. Senators, they’ll find out what REAL heat feels like!

So, in addition to your signed petition, I also hope you’ll agree to make a contribution of $250, $100 or $50 -- to Campaign for Liberty.

I know times are hard, but this fight is absolutely critical.

If you and I don’t fight back . . . well, I shudder to think about what could happen.

But I’m sure you’ll agree, the America you and I treasure could end up looking much, much different in just a few years.

So can I count on you to join the fight to STOP Cap and Tax by signing your petition, and by making a generous contribution of $50, $100 or $250 -- or whatever you can afford -- to Campaign for Liberty?


John Tate

P.S. H.R. 2454, the Cap and Tax Bill, has already been rammed through the U.S. House and our ONE CHANCE is to stop the bill in the Senate.

If passed, the Cap and Tax Bill could send the entire U.S. economy nose-diving off a cliff, and you and I will be handing unprecedented control of our lives to the federal government.

That’s why it’s vital you sign your petition IMMEDIATELY along with a generous contribution of $250, $100 or $50!

VIDEO: WeAreChange Schools Pittsburgh Police on Constitution

We Are Change
Friday, September 25, 2009

Luke Rudkowski of schools Pittsburgh police on their duty to the constitution and thier oath. Police use LRAD sound cannons and tear gas on peaceful protesters.

VIDEO: Jackboot Police State At The Pittsburgh G20 Summit

Scenes wouldn’t look out of place in Communist China, Nazi Germany

Steve Watson
Friday, Sept 25, 2009

Video footage is pouring onto Youtube that clearly shows riot police in Pittsburgh using intimidation tactics and military weapons to disperse peaceful assemblies in the vicinity of the G20 summit.

In the first video an officer appears on the scene where protesters are peacefully gathered and immediately tells them to leave the area, threatening everyone with arrest should they not comply.

The in a scene that looks as if it took place in Communist China, riot officers form a line parallel to the protesters, extending to both ends of the street, and slowly walk towards them, noisily and simultaneously marching and beating their shields with their batons.

This is a clear intimidation tactic to cause fear and psychologically effect the peaceful protesters in an effort to herd them and get them to disperse.

We Are Change and Infowars reporter Luke Rudkowski speaks into a bullhorn throughout, as this complete violation of the First Amendment unfolds. He notes how LRAD sound weapons used in Afghanistan and Iraq are now being used against peaceful American citizens on the streets of Pittsburgh by armed military troops.

Chants of “USA, USA” ring out and protesters holding cameras and signs break into applause at Luke’s words as the jackboot police continue to advance. It is hard to believe that this is America

The LRAD Weapons are then brought to the scene and an announcement blasts out towards the protesters:



Watch the video:

Here is another video of the LRAD sound weapons in full force:

Here are more videos from the scene that clearly show police and troops using sound wave weapons against peaceful protesters and indiscriminately beating people:

Friday, September 25, 2009

PJB: The Return of Protectionism

Posted by Patrick J. Buchanan
September 15, 2009

Down at the Chinese outlet store in Albany known as Wal-Mart, Chinese tires have so successfully undercut U.S.-made tires that the Cooper Tire factory in that south Georgia town had to shut down.

Twenty-one hundred Georgians lost their jobs.

The tale of Cooper Tire and what it portends is told in last week’s Washington Post by Peter Whoriskey.

How could tires made on the other side of the world, then shipped to Albany, be sold for less than tires made in Albany?

Here’s how.

At Cooper Tire, the wages were $18 to $21 per hour. In China, they are a fraction of that. The Albany factory is subject to U.S. health-and-safety, wage-and-hour and civil rights laws from which Chinese plants are exempt. Environmental standards had to be met at Cooper Tire or the plant would have been closed. Chinese factories are notorious polluters.

China won the competition because the 14th Amendment’s “equal protection of the laws” does not apply to the People’s Republic. While free trade laws grant China free and equal access to the U.S. market, China can pay workers wages and force them to work hours that would violate U.S. law, and China can operate plants whose health, safety and environmental standards would have their U.S. competitors shut down as public nuisances.

Beijing also manipulates its currency to keep export prices low and grants a rebate on its value-added tax on exports to the U.S.A., while imposing a value-added tax on goods coming from the U.S.A.

Thus did China, from 2004 to 2008, triple her share of the U.S. tire market from 5 percent to 17 percent and take down Cooper Tire of Albany.

But not to worry. Cooper Tire has seen the light and is now opening and acquiring plants in China, and sending Albany workers over to train the Chinese who took their jobs.

Welcome to 21st century America, where globalism has replaced patriotism as the civil religion of our corporate elites. As Thomas Jefferson reminded us, “Merchants have no country.”

What has this meant to the republic that was once the most self-sufficient and independent in all of history?

Since 2001, when George Bush took the oath, the United States has run $3.8 trillion in trade deficits in manufactured goods, more than twice the $1.68 trillion in trade deficits we ran for imported oil and gas.

Our trade deficit with China in manufactured goods alone, $1.58 trillion over those eight years, roughly equals the entire U.S. trade deficit for oil and gas.

U.S. politicians never cease to wail of the need for “energy independence.” But why is our dependence on the oil of Saudi Arabia, the Gulf, Nigeria, Canada, Mexico and Venezuela a greater concern than our dependence on a non-democratic rival great power for computers and vital components of our weapons systems and high-tech industries?

As Executive Director Auggie Tantillo of the American Manufacturing Trade Action Committee compellingly argues:

“Running a trade deficit for natural resources that the United States lacks is something that cannot be helped, but running a massive deficit in manmade products that America easily could produce itself is a choice—a poor choice that is bankrupting the country and responsible for the loss of millions of jobs.”

How many millions of jobs?

In the George W. Bush years, we lost 5.3 million manufacturing jobs, one-fourth to one-third of all we had in 2001.

And our dependence on China is growing.

Where Beijing was responsible for 60 percent of the U.S. trade deficit in manufactured goods in 2008, in the first six months of 2009, China accounted for 79 percent of our trade deficit in manufactured goods.

How can we end this dependency and begin building factories and creating jobs here, rather than deepening our dependency on a China that seeks to take our place in the sun? The same way Alexander Hamilton did, when we Americans produced almost nothing and were even more dependent on Great Britain than we are on China today.

Let us do unto our trading partners as they have done unto us.

As they rebate value-added taxes on exports to us, and impose a value-added tax on our exports to them, let us reciprocate. Impose a border tax equal to a VAT on all their goods entering the United States, and use the hundreds of billions to cut corporate taxes on all manufacturing done here in the United States.

Where they have tilted the playing field against us, let us tilt it back again. Transnational companies are as amoral as sharks. What is needed is simply to cut their profits from moving factories and jobs abroad and increase their profits for bringing them back to the U.S.A.

It’s not rocket science. Hamilton, James Madison and Abraham Lincoln all did it. Obama’s tariffs on Chinese tires are a good start.
Article URL:

Tuesday, September 15, 2009

Is Economic Doomsday Set For 9/30/09?

By Bix Weir
Sept 15, 2009

Everything is lining up for the implementation of the Gold Standard in the USA (as well as around the world!). As planned and implemented by Alan Greenspan and friends over the last 40 years we have come down to the final weeks/months for the Banking Cabal. By now you should all be prepared for the most frightening yet exhilarating ride of your lives. If you do not understand what I am talking about please review my Road to Roota series summarized here: When Atlas Shrugs.

Behind the scenes the final preparations for the End of Fiat Money are lining up like orderly ducks in a row!

If you want a front row seat… watch and follow these ducks:

Duck #1 – The End of Globalization

The end of Globalization is upon us. As planned, the US and China have begun a trade war that has ramifications around the world. It may appear as a minor clash on tire duties at the moment but it will continue to escalate over the next few weeks. The visible animosity between China and the US has never been stronger with China practically forcing their will on the US Government in the forms of threatened US dollar dumping, promoting of gold and silver investment to their population and their Government sanctioned derivative default agenda. Again, as outlined in Road to Roota II, the Chinese are in on the plan to take down the bankers. A continued trade war will end very badly for the banking cabal that relies on globalized trade and foreign asset ownership to support their global control of the world monetary system. A failure of that system will result in the total Nationalization of EVERYTHING and the end of global trade around the world…countries will have to fend for them selves for a while until the dust settles.

Duck #2 – The FDIC is Broken

Sheila Bair has put up a valiant fight against the whole notion of FDIC insolvency but hers is a battle that can’t be won. Unfortunately, Sheila does not pull the strings that make the FDIC a viable entity going forward. Her organization has been forced by the banking cabal to massively over insure not only the individual bank deposits but also the bankster bailouts. Had the FDIC stuck to their original mandate of insuring individual investors up to $100,000 they may have had a slight chance of surviving the coming banking collapse. Unfortunately, Sheila and friends were forced to increase their exposure to individual accounts by 150% as well as offering up the FDIC sovereign backing to include massive derivative bailouts in the TLGP and PPIF programs. The banksters have aligned the once venerable FDIC individual protection with their own bailout interests trying to force the US Congress to bailout both individual depositors and the failing banks. Unfortunately, now both will suffer from the collapse.

Duck #3 – Public Anger Rising

The banking collapse that was scheduled for September of last year failed for two reasons. The first was the massive creation of secret bailout money by the Federal Reserve under special rules created 95 years ago with a mountain of additional derivatives added to the already overgrown pile. And the second was that the US Citizenry had been lulled to sleep after years of feeling safe in their fiat money cocoons that hadn’t faltered in 80 years. Only a tiny handful of people understood how all fiat money systems relied solely on faith so when Atlas Shrugged last year the people ran to the Government for protection. Of course the government did what they always do and temporarily printed away the problem. Now it’s a year later and not much has improved with bank failures picking up steam again. WAIT! Maybe something did happen. There is a large and growing crowd of recently educated Citizens who have seen the problem and are speaking out. Around the country people are erupting in anger at Town hall meetings, tea parties, public rallies, etc. Ron Paul’s book “End the Fed” was just released and Barney Frank has finally called for a hearing on the Audit the Fed bill. Maybe the most media worthy explosion of bankster directed anger will come on August 2nd with the release of Michael Moore’s movie “Capitalism: A Love Story”. All of the above is hitting at the very moment the banking stresses have re-emerged and they will be coming back to Congress for more bailouts….BAILOUTS AIN’T GONNA HAPPEN THIS TIME!!!

Duck #4 - A Public Healthcare Option

Have you asked yourself why it is so urgent to pass a public healthcare option bill as soon a possible? Could it be that the banking collapse will also collapse the corrupt US healthcare system? Normally, I’m a free market kind of guy and would be against public healthcare but these are not normal times. A public healthcare option will makes a lot more sense if Congress is preparing for a complete collapse of the fiat money system. Healthcare is a basic human necessity and a fiat monetary implosion would pretty much end the private healthcare business overnight. How many US Citizens will be glad they have that Public Option after the crash? My guess is all of them.

Duck #5 - The End of the Federal Reserve System

“Word on the street” is….the secret year end of the US Federal Reserve System is September 30, 2009. As of that date, all banks have to be Basel II & III compliant bringing all off balance sheet obligations back onto the books. The US Federal Reserve, their member banks and their manipulation counterparties (like AIG) are knee deep in Derivatives to the point of insanity. Rumors are that nuclear derivative bombs are held in “Special Purpose Vehicles” and in off shore entities that have never been accounted for. Can you say “Unreported derivatives in the “Quintillions”? Of course, I am not privy to any inside information on these rumors but it has always perplexed me that large banks can hold hundreds of $Billions in derivative instruments but the US Federal Reserve has never declared if they are counterparty or have insured any derivatives themselves. I guess that’s why Bernanke is so against the Audit…Oh, Ben. I think “thou doth protest too much”!

Duck #6 - Lessons To Be Learned

Recently, even I have become fearful of the coming collapse and how long it will take to recover. That’s really not like me. Although I believe this transition will ultimately be a very good thing for humanity (i.e. - a complete DEBT JUBILEE where all debt is forgiven) there are indications that a lesson must be learned in this transition so that we don’t make the same mistakes in the future. Those lessons may make the next few months very disturbing for the majority of Americans as well as the world. Lessons in fiat money abuses are harsh with hyper inflation in certain items (food, gold/silver, oil) and hyper deflation in others (housing, luxury items) Imagine massive shortages or complete disappearance of imported goods (TV’s, Medicines, Consumables). As our government tries to fix or cover-up the problems with the same old remedies the people will rise up in mass. We’ve reached the tipping point of trust in our elected officials and unless they start coming clean we are staring at a revolution by years end. It’s too bad that the US Government didn’t face its insolvency head on last year instead of kicking our problems on down the road. Well, the road has ended and a very painful but very valuable lesson is about to be learned. Buckle up my friends!

Duck #5 – The Gold/Silver Solution

The coming banking collapse will be the greatest Creative Destruction event of all time. Personal and corporate fortunes that took hundreds of years to accumulate will disappear over night in the swirling derivative implosion. The people of the world will rise up in anger at their controllers, demand answers and retribution finally installing a new, more equitable monetary system that is out of the control of the government/banking system. Physical gold and silver money will prove to be the only solution that can effectively replace the fiat system. The painful lessons will be passed on through the generations to ensure a glorious future for humanity. The problems are vast and immense but the solution is simple: Reinstate the US Constitution!

So there you have it. Those are the ducks and you have a great seat to watch them line up in an orderly row. Cross your fingers that those ducks come into line or we’re all in trouble.

Take care of you and your family…we will need all hands on deck to rebuild our future!

All the best.