March 20, 2006
US War spending to rise 44% to $9.8 Bln a month, report says
March 20, 2006
Gold Rises in Asia on Concern Over Iraq War, Iran's Plans
March 20, 2006
Death, Taxes and Certainty:
There's no light at tunnel's end when you finance your own termination
Dr.
Vladimir Volkov questions the certainty of death and our tax experts can handle the tax
question. Otherwise, the reflection in the mirror witnessed the death of the nation
and did nothing to stop the madness. Time marches on, too bad America won't be around
to walk into the future. Unless you and most everybody else wises up, your dead and so
is America. All that's left is the worms. Your apathy and theirs will spoil a budding
career or a comfy retirement.
March 15, 2006
Economic Suicide: What
country in their right mind would buy US T-bills?
March 15, 2006
US deficit
data fuel anxieties on dollar
March 15, 2006
Iran Oil
Bourse and Petrodollar Wars
March 5, 2006
Buffett loses faith in US, investing in companies that do business elsewhere
March 4, 2006
Bush budget
will raise deficit by $1.2 trillion
March 1, 2006
Congressman Ron Paul says
US DOLLAR HEADING FOR
COLLAPSE
Feb 27, 2006
Good Morning, America: The end of the Western World
we have known since 1945
This is a signal document declaring the New World Order following the destruction of
the US economy and US power.
Feb 27, 2006
Number of Unsold Homes Hits
Record High
Feb 25, 2006
Orders to U.S. factories for
manufactured goods fall by largest amount in 5.5 years
Feb 25, 2006
Setting
sail away from America: The world finds it's too hard to do business with the
US
Feb 24, 2006
Cancelled home orders: Latest bubble prick?
Feb 23, 2006
Norwegian Bourse Director wants oil
priced in euros
Feb 20, 2006
Sounding the alarm on U.S. trade deficit
Feb 18, 2006
The End of Dollar
Hegemony
Apparently the only thing standing in the way of the war with Iran is the fact that it
would be at least as destructive to the American and world economy as about anything
else we could do. Which brings up the question, as the War Party drives this country
into the ground, are they trying to save the dollar or destroy it?
Need more reasons to support the Liberty Dollar?
Feb 18, 2006
U.S. government has moved to within $25 million of its $8.184 trillion debt ceiling,
but expects to stay below the limit for up to another month through stop-gap cash flow
measures
Feb 17, 2006
War threats follow
Countries dumping US dollar - Syria, Iran, Iraq, Venezuela
Feb 13, 2006
Nuking the American
economy: Offshore outsourcing and
offshore production have left the US awash with unemployment even among the highly
educated
Feb 12, 2006
Iran's Oil Exchange
Threatens The Greenback
The Bush administration will never allow the Iranian government to open an oil exchange
(bourse) that trades petroleum in euros. If that were to happen, hundreds of billions
of dollars would come flooding back to the United States crushing the greenback and
destroying the economy. This is why Bush and Co. is planning to lead the nation to war
against Iran. It is straightforward defense of the current global system and the
continuing dominance of the reserve currency, the dollar.
Feb 12, 2006
The art of deception:
Is it war for oil or war to save the dollar?
"The strong-hold of the American Government is falling to pieces. She has lost her
prestige among the nations of the earth. One of the greatest powers of America was her
dollar. The loss of such power will bring any nation to weakness, for this is the media
of exchange between nations. The English pound and the American dollar have been the
power and beckoning light of these two great powers... But when the world went off the
gold and silver standard, the financial doom of England and America was sealed."
Feb 9, 2006
'Generation Debt' is going deep into
the red
Feb 9, 2006
Jobless claims in U.S. edge higher
Jan 29, 2006
North Korean Counterfeiting Complicates Nuclear Crisis
Mainstream media is laying the groundwork for blaming the upcoming hyper-inflation on
North Korea instead of the natural outcome of fiat paper currency.
Beating Around the Bush By the Bourse
Only bimbos believed Bush when he said it was WMD's that made him attack, invade,
occupy and massacre Iraq. Most of us thought it was to steal Iraq's oil, but we were
only partly right. What totally terrorized the tyrannical Texan tycoon was when Saddam
played the oil bourse card in November, 2000. When Saddam started selling Iraqi oil in
euro's, he jeopardized greenback hegemony as the world's supreme foreign exchange
transaction currency. If this brilliant idea catches on, it will trigger the total
collapse of the USA economy. The oil grab is a sideshow. The main feature is the oil
bourse.
Jan 22, 2006
I, Greenspan
Since I joined the Fed, outstanding home-mortgage debt has jumped from $1.8 trillion to
$8.2 trillion. Total consumer debt went from $2.7 trillion to $11 trillion. Household
debt has quadrupled. And government debt, too, exploded. The feds owed less than $2
trillion in the second Reagan administration, a figure that had been almost constant
for the previous 40 years. But under my direction, the red ink has overflowed like the
Nile in flood - to over $7 trillion.
During the two terms of George W. Bush alone, the feds have borrowed more money from
foreign governments and banks than all other American administrations put together,
from 1776 to 2000. And more debt will be added in the eight Bush years than in the
previous two hundred. The trade deficit, too, more than tripled since I've been at the
Fed, from 150.7 to 756.8 billion, and will reach $830 billion in 2006. When I came to
power, the United States was still a creditor. Now, it is a debtor, with more than $11
trillion worth of U.S. assets in foreign hands, a more than 500% increase since 1987.
Who can argue with such a record? Who can compete with it? Who would want to?
Jan 16, 2006
The spiking
gold market is a sure sign that the dollar is headed for the dumpster.
Large institutional investors are hastily moving boatloads of cash into precious metals
that promise to retain their value while the hemorrhaging dollar goes the way of
Icarus.
Jan 16, 2006
AP:
Growing deficit hobbles economy
Jan 13, 2006
Top
Senate Democrat Supports Outsourcing
U.S. Senator Max Baucus, the top Democrat on the powerful Senate Finance Committee,
said Friday he supports outsourcing white-collar jobs to low-wage countries such as
India
Jan 11, 2006
The Fed's Money Supply Armament is
Underway
The printing presses are running 24/7, making the economy look good for the 2006
election year.
M-3 has been launched into outer space, up another $56.3 billion last week, up $92.4
billion over the past two. This is some real horsepower. Over six weeks, the
meaningless figure, ahem, is up $177.8 billion. These annualized growth rates are 28.7
percent, 23.6 percent, and 15.3 percent respectively. Those are the seasonally adjusted
figures. The raw, non-seasonally adjusted, figure is up $293.3 billion over the past 12
weeks, on a pace to add 1.2 trillion in money to the economy. Wow. There must be a need
for this. Maybe the master Planners see a coming need to monetize our debt? To support
markets? They tell us the economy is good, so clearly they cannot be stimulating our
way out of a recession. There's a lot of money flooding the economy and it has to go
somewhere. Right now it is lifting markets.
Jan 9, 2006
China to give up on Dollar, Invest In Yen, Euro
Jan 8, 2006
Gates, Buffett, China 'run from dollar'
Jan 8, 2006
The Missing
Trillions
Jan 4, 2006
Dollar losses deepen after earthquake reports
Dec 31, 2005
Analysts: U.S. Currency to
Fall in 2006
After a surprise 2005
in which the dollar rose, against the predictions of many analysts, the U.S. currency
is likely to fall in 2006...of course, the consensus could be wrong, just as it was a
year ago.
Dec 31, 2005
First by inflation and then
by deflation
The set up is very nearly complete. The trap has been set. Manipulation of the money
system should make everyone wary about assumptions that they have made. [W]hat's a man
to do when he's borrowed so much silver only to find out he needs to repay his loan in
gold. Good luck to those paying off your debts when you discover that the man who lent
you all the silver is the one who holds all the gold. Thomas Jefferson certainly
understood how the game is played, the days of easy money have ended and the tightening
has just begun. We are all about to find out that those in this world that we view to
have almost everything, have decided they want everything. For those that see blue
skies and sunshine in the west, it's time to realize the wind just changed directions
and the storm approaches from the east.
Dec 31, 2005
Why Hasn't "IT" Happened
Yet?
When will IT happen? It already is. IT is happening all around us. The "oily rags" are
there for everybody to see. Debt continues to pile up. The market is still over valued.
The Dollar is sagging. No, these aren't things that have "always been going on" as some
pyromaniacs on Wall Street would have you believe. No, they haven't happened yet, but
we are getting close. The potential for a stock market crash is always there with a
market so overextended. Derivatives are only getting worse, now totaling more than $85
trillion, according to the Comptroller of Currency. The total of derivatives is 7 times
bigger than the entire US GDP. How risky is that?
Dec 25, 2005
Grinch steals Christmas; DOLLAR takes a nose DIVE
The U.S. currency had its steepest single-day fall [10 days before Christmas] against
the yen since March 2002, after the Federal Reserve on Tuesday dropped the word
"accommodation" from its policy statement, interpreted by some as a signal that its
18-month credit-tightening campaign was nearing an end.
Dec 23, 2005
Whats the Fed up to
with the money supply?
On November 10th, 2005, shortly after appointing Bernanke to replace Greenbackspan, the
Fed mysteriously announced with little comment and no palatable justification that they
will hide M-3 effective March 2006.... The date when M-3 will start being hidden also
happens to be the exact month that Iran will declare economic war against the U.S.
Dollar by trading its oil in Petro-Euros on its new bourse.
Dec 23, 2005
Pop
goes the bubble -- new
home sales plummet in November
Dec 06, 2005
Gold prices at
22-year high
Dec 06, 2005
Canada's Dollar Advances to
13-Year High Against U.S. Dollar
Dec 06, 2005
Texas jury rules against Ocwen Federal Bank
Dec 04, 2005
Iran starts to sell oil
in Euros
Soon there will be a lot of US Dollars more than are needed for international trade
reserves and the dollar will plunge even further.
Liberty
Dollars are fully backed
by gold and silver and will not lose their value.
Dec 04, 2005
More corporate welfare on the way:
Automakers Are Lining Up Aid, But Just Don't Call It a Bailout
Troubled U.S. automakers and their allies on Capitol Hill are seeking billions of
dollars in aid from the federal government ranging from health coverage for their
workers to extra tax write-offs for themselves. They're also asking for one rhetorical
favor: Please don't call the requests a bailout.
Dec 04, 2005
Congress Considers Stripping
Homeowners of State Protections
The Center for Responsible Lending (CRL) is reporting that a new bill in Congress would
override and weaken state anti-predatory lending laws that protect homeowners.
Congressmen Ney (R-Ohio) and Kanjorski (D-Pennsylvania) have introduced legislation
that would roll back state protections for homeowners.
Dec 03, 2005
Empire
In Descent: The Deliberate Destruction Of America
Dec 02, 2005
Greenspan renews warning on budget
deficits
Dec 02, 2005
Ford may close five North American plants
Nov 24, 2005
On Thanksgiving Day!
Liberty Dollar moved up to a $20
base!
My 10s will now be 20s. Yours, too! You can see in the chart above that it now
takes twice the Federal Reserve Notes to buy the same amount of silver as it did just
seven years ago when the first Silver Liberty Dollars were minted. Beginning on
Oct 25, the 30 DMA (30 day moving average) for silver topped $7.50. This has continued
for 30 consecutive calendar days so beginning Monday any silver Liberties, silver
certificates or e-Liberty's can be exchanged for double their face value. The real
silver can be turned in and re-minted as two half-ounce $10 Silver Liberty's or one $20
Silver Liberty. Re-minting charge is $1.50 each. Paper certificates can simply be
exchanged.
Nov 24, 2005
Ladies and Gentlemen: The American
Economy Has Left the Building
We are already exporting astronomical quantities of American currency, and millions of
jobs to go with the big bucks. The printing presses are running madly 24/7 the year
around. The American government, allied with the high finance sector of the economy,
has conspired to sell us out to the highest bidders -- which apparently are the East
Asians, among others. So these are the raw materials that the American economy is
exporting: trillions of dollars, and millions of jobs, the very lifeblood of the
nation's economy.
Nov 24, 2005
GM job cuts will
devastate North American cities
"General Motors' plan to eliminate 30,000 hourly jobs by 2008, announced Monday in
Detroit, will have devastating consequences for cities in the United States and Canada,
and its ripple effects will hit working class communities throughout the two
countries...Since 2000, more than 100,000 hourly and salaried automotive jobs have been
eliminated in the US.
Nov 21, 2005
GM Cutting 30,000 Jobs, Closing 9 North America Plants
Nov 15, 2005
A 'Fiscal Hurricane' on the Horizon
To hear Walker, the nation's top auditor, tell it, the United States can be
likened to Rome before the fall of the empire. Its financial condition is "worse than
advertised," he says. It has a "broken business model." It faces deficits in its
budget, its balance of payments, its savings -- and its leadership.
Nov 14, 2005
Economists expect sharp recession after real-estate bubble bursts
Nov 14, 2005
Discontinuance of M3,
the report on the nation's total money supply M3 is the estimate of the total
money supply. Planning to stop reporting this number signals the US is entering a stage
of hyper inflation, which will be hidden from the public as long as possible. Desperate
to hang onto a GOP Congress, you can expect Bush will flood the nation with money next
year to make the economy look good
Nov 14, 2005
Foreign investors lose appetite for treasuries as deficit rises
Nov 11, 2005
The Coming Disaster in the Derivatives
Market
The derivatives genie is now well out of the bottle, and these instruments will almost
certainly multiply in variety and number until some event makes their toxicity
clear....[They] are financial weapons of mass destruction, carrying dangers that, while
now latent, are potentially lethal--Waren Buffet
Nov 11, 2005
Housing Market Cooling, Data Say Let's say you lose $100,000 in market value
of your house. Article 9 of the Uniform Commercial Code allows the lender to ask you to
make up the deficit by increasing your equity in your home. If you can't or won't they
can foreclose. Mortgage Elimination using the
consumer protection statutes passed by Congress, signed by the President and upheld in
the courts might be able to prevent the loss of your home Nov 6, 2005
New Fed boss called 'insane fan of
inflation' In fact, in a speech in November 2002, Bernanke related this gem to
a gathering of economists: "Japanese deflation will not happen in America because the
U.S. government has a technology, called a printing press . . . that allows it to
produce as many U.S. dollars as it wishes."
Oct 28, 2005
California
mortgage defaults rise for first time in 3 years
Oct 28, 2005
Suddenly, area's housing market favors the buyers. POP!!!
Oct 26, 2005
Dollar may slide on White House staff indictments
It's been sliding anyway, why blame the dollar's decline on indictments?
Oct 23, 2005
The
king of real estate's cashing out, should you be nervous?
Oct 20, 2005
Bill Gates dumps dollar for euro
Oct 13, 2005
From the euro to the globo
The adoption of the euro by 12 European Union states is part of the process of
creating the globo. The U.S. dollar and the euro are currently the two strongest hard
currencies in the world. They may eventually be merged to create the globo.
Oct 13, 2005
The Coming Starvation In
America
In the 1960's and 1970's the different political administrations of Washington, D.C.
walked away from sanity and started to give the surplus grains which where in elevator
storage all over the country, to other nations, such as the Soviet Union, India, etc..
This continued over two decades, until the elevators were empty and the reserve of
grains that were in reserve as per a national crisis....were gone. Of course this was
done as to inhance international "friendship" with other nations, even if those other
nations were self-admitted enemies of the United States. Remember, there was enough
grain in storage, paid for by the American tax-payer, to last the masses inside the
United States for three full years, if need be. But now it all is but gone!
Oct 12, 2005
Economic
collapse of the US
According to the most authoritative person on this subject, the US Comptroller General
David Walker, who audits the federal government's books, the tab for the long-term
promises the US Government has made to creditors, retirees, veterans and the poor
amounts to US$43,000 billion, US$145,000 per US citizen, or US$350,000 for every
full-time worker. "I think it is time that we should take a serious look at the
possibility that the US is going to take us down towards a worldwide recession in one
or two year's time."
Oct 10, 2005
THE STARK REALITY OF AMERICA'S FINANCIAL MELTDOWN
Sep 15, 2005
Gold Hits 17 Year High
U.S. benchmark gold futures powered to a 17-year high Thursday as concerns about
inflation and U.S. economic growth drew safe-haven buying and fund interest into the
market, traders and analysts said. "People are buying gold because it is now apparent
that we are going to see massive inflation," said Leonard Kaplan, president of
Prospector Asset Management, in Evanston, Illinois. "Gold is the best hedge for
inflation."
Sep 11, 2005
BRAZIL TO SHUN US DOLLARS IN NEW GLOBAL BOND ISSUE
Sep 9, 2005
US oil
companies shut refineries down to boost profits
Sep 9, 2005
Crude oil
supplies overwhelm refineries
Sep 9, 2005
Orchestrating Financial
Collapse
Another lie I'd like to lay to rest is the one about all of the "terrible damage" done
to the oil platforms and rigs in the gulf during hurricanes. This is how they justify
the price spikes that occur because of lost production. If anyone cared to see this for
themselves they could travel the entire Gulf of Mexico in search of destroyed oil rigs
and they won't find any- not one. There is a damed good reason that this is so and that
reason is that they are built so well that a hurricane can't touch them.
Sep 8, 2005
US Economy Takes Big
Hit
Sep 4, 2005
Germany now exports more products than the US
But they don't pay corporations to outsource the economy.
Aug 30, 2005
Dumping of US dollar could trigger 'economic September 11'
Aug 29, 2005
US Property Bubble Begins to
Burst - Median Home Prices Down 15.9% in 3 Months
Aug 27, 2005
Greenspan
issues warnings on economy: says budget and trade deficit threaten long-term fiscal
health
Cautioned Americans against thinking the value of their homes and other investments
will only go higher, saying "history has not dealt kindly" with that kind of optimism.
Aug 26, 2005
Greenspan warns of rough end to the housing boom, that the perceived wealth can
quickly disappear This could mean that equity positions on mortgaged property
could be inadequate to prevent bank foreclosure even if payments have been timely. Now
is the time for Mortgage Elimination before the
market bubble pops.
Aug 21, 2005
Housing market will flatten soon, observers say Buyers are "taking
interest-only loans and other exotic loans in a desperate attempt to afford the house,
and that's a sign the market is nearing the top," Ethan Harris, chief U.S. economist at
Lehman Brothers Inc. in New York, said in an interview.
Aug 16, 2005
Big fall in house prices Pop goes the bubble!
Aug 16, 2005
Most overpriced home markets
Aug 16, 2005
Home buyers pay less down, increase risk
Aug 25, 2005
Killing the dollar in
Iran Until now, oil has been solely priced, traded and paid for in the
greenback on markets in both London and New York. But monthly worldwide oil revenues of
over $110 billion (on a 20-trading-day basis) - a third of which ends up with OPEC
(Organization of the Petroleum Exporting Countries) members - raise the question of
what happens to these cash mountains. According to the most recent data from the US
Treasury Department, OPEC members have parked only a skimpy $120 billion in direct
dollar holdings, which are almost equally split between equities and American debt
paper. This is a clear indication that oil producers are investing their windfalls
elsewhere. The yield spread between US and EU debt papers in favor of the EU is another
hint where the petrodollars might be heading.
Aug 25, 2005
GM, Ford, GMAC now at "junk bond" status
Plunge of blue chip stocks put investors in a blue mood, but get used to it. That's the
best of the American economy going into the crapper. Get your debts eliminated and get Silver Liberty Dollars, the US
Dollar is worth-less
May 5, 2005
In spite of recent denials by Greenspan and US Treasury Secretary Snow that there is no
housing bubble, the comparison of housing to stocks should be taken seriously.
The problem with these denials from our so-called leaders is that their positions of
power effectively prohibit them from speaking bluntly about certain issues, namely the
economy. Their job is to soothe and reassure the public that everything is just fine.
If you understand this, then you understand that by simply addressing the issue, they
have tipped their hand and revealed that we have a problem on our hands - a problem
that they aren't quite sure what to do about. The fact that they deny the problems
means that you can pretty much bet on its existence and its seriousness.
Apr 29, 2005
US house market boom set for
bust? Is the current property boom an unwelcome replay of the dot.com bubble
of the late Nineties and destined to burst in the same way, showering a lot of people
with a lot of pain? When the US economy slipped into decline, people started borrowing
to sustain their previous life styles, assuming they would repay the loans when the
economy improved. But the economy didn't improve, and cannot improve with manufacturing
headed for tax-friendly shores, and Bush borrowing and spending cash on war. So, home
owners cashed out their equity to pay off credit cards. Now the equity is gone, home
owners are flipping real estate back and forth (see comment about property being resold
in the same day) to run up the price. This creates an artificial equity on which yet
more cash out loans can be taken.
But like any other financial craze, the good times roll only so long as new money can
be brought into the bottom of the system. Low interest loans are the lure to new
buyers, but the problem isn't that people do not want to take advantage of the new
loans, it's that they are less than sure they can make the payments as the economy
continues to decline.
There is a phrase to keep in mind. It's "negative equity". That is what happens when a
home-owner owes more on the house than the house is worth. Even selling the property
does not erase the debt (remember that bankruptcy reform bill).
When the real estate bubble bursts, all those property owners who flipped up the value
of their homes and then cashed out that artificial equity are going to be in a real
mess. According to article 9 of the revised Uniform Commercial Code, the lender can
foreclose when the real market value of the property plus the borrowers equity drops
below the principal of the loan.
July 19, 2005
Housing Bubble: Bankrupting
Suburbia
July 18, 2005
What Kind of Country Destroys the
Job Market for Its Own Citizens?
July 17, 2005
Beware! UK
housing's on a cliff edge US housing industry closely mirrors impending
disaster
July 6 2005
Pictures of a mania? - US Housing
Bubble The debate over the possibility of a US housing bubble raging in almost
every paper, and even within the exalted shrine of the Federal Reserve Board, has
prompted me to take a cursory glance at the housing market to see if I could spot signs
of a speculative mania. Frankly I am amazed there is even a debate. All I can see are
signs of speculative excess.
June 24, 2005
Economist Calls
Housing Boom 'Biggest Bubble in History'
June 24, 2005
Bubble Trouble
Given the housing bubble threat and Democratic silence on the issue, it only makes
sense to ask the obvious question: Are progressives about to be blindsided by the next
Great Depression?
June 23, 2005
US leading indicators
suggest US economy cooling
June 20, 2005
Housing markets show signs of bust
June 19, 2005
US homes bubble
warning Record numbers of new homes are being built in the United States, and
house prices in many regions are at record highs, which recently prompted Federal
Reserve chairman Alan Greenspan to warn of ``froth'' in the housing market. The booming
housing industry prompts demand for big-ticket items like furniture, washing machines
and refrigerators to fill those new homes. Higher house prices also allow consumers to
borrow more against the value of their homes to fund consumer spending and fuel
economic growth [But the added debt leaves a homeowner more vulnerable to losing the
home when the bubble bursts. When value drops below equity article 9 revised permits
foreclosure.]
June 21, 2005
Oil's Price Climbing Toward $60 Level
June 21, 2005
The real problems with
$50 oil "There is a supply/demand myth that if oil prices rise, they will
attract more exploration for new oil, which will bring prices back down in time. This
was true in the good old days when oil in the ground stayed a dormant financial asset.
But now, in a debt bubble, oil in the ground can be more valuable than oil
above ground because it can serve as a monetizable asset through asset-backed
securities (ABS) in the wild, wild world of structured finance (derivatives). So while
there is incentive to find more oil to enlarge the asset base, there is little
incentive to pump it out of the ground merely to keep prices low."
Apr 14, 2005
Congress passes bankruptcy
bill making it harder for consumers to escape the burden of debt
Now do it the right way! Debt Elimination !
Apr 14, 2005
General
Motors drags Wall Street to new '05 lows
Apr 13, 2005
Trade gap accelerates as dollar
continues its tailspin
Apr 13, 2005
March retail sales weaker than expected
Apr 13, 2005
Patriot Act Being Used To Implement Currency Controls
-
New bankruptcy law (last week)
-
Announcement that travel to other parts of North America will require a passport
(papers please)
-
New compliance standards for foreign banks (this past year)
-
Elimination of foreign accounts for US residents (one by one)
Currency controls have been initiated.
Apr 1, 2005
Is the housing market
going to crash?
Cheap money and refinancing have fueled an unparalleled boom/inflation of real estate
prices across the nation. Most gains have been cashed out via the equity loans that
have provided a supplemental "income" for households to keep this economy spending.
It's the costly S&L tragedy all over again.
Mar 31, 2005
Dollar drops versus euro, yen after U.S. jobless claims rise
Mar 31, 2005
Dollar
headed for collapse: Mahathir
Mar 26, 2005
A threat
greater than terrorism: an outsourced economy
Mar 26, 2005
GM's woes one more blow to
housing bubble
Low interest rates from the failed Fed let GM's finance arm offer cheap loans that
helped owners use homes as ATMs. With rates rising and its own troubles, that party is
over.
Mar 23,
2005
The Real Unemployment Rate
is 23%: We are in the equivalent of the Great Depression of the 1930's and it will get
much worse
Mar 23, 2005
The Russian central
bank said on Monday that it had doubled the weighting of euros used to calculate the
nominal exchange rate of the ruble from 10 percent to 20 percent at the expense of the
dollar.
Mar 22, 2005
The
Death of the Dollar
On March 15th, 2005, (the Ides of March) we may have just witnessed the beginning of
the death of our financial system as General Motors stock took a nosedive from
$34/share down to $30. GM has $300 billion in debt. GM is headed towards bankruptcy,
and will default on the bondholders, who will then own a company worth less than $16
billion dollars! If the government can't sell bonds while running a deficit, then the
government must simply be printing money to fund the deficit--and they are, as can be
seen in the rate of growth of the money supply, M3! Therefore, inflation is raging
because of the devaluation of the US $, and interest rates must keep pace, which is why
GM is doomed!
Foreign nations are all sounding the alarm already that they will be selling U.S. bonds
to diversify the holdings of their central banks: Russia, India, China, South Korea,
Japan... what major foreign nation is left to buy them? A tsunami of dollar selling is
about to begin, and will make the recent dollar decline seem like a small bump in the
road. It may take a few months for this to play out. You may have time to buy silver at
under $10/oz. for a few more weeks or months. But after GM declares bankruptcy, which
may take between 3 months to a year, get ready for the dollar to crash by more than 90%
in the following 6-12 months. Germany's hyperinflation in the 1920's took about a year
and a half. Recently, Argentina's took place nearly overnight. Who knows which way the
dollar will die, whether a quick death, or a more slow and painful one?
Either way, the dollar is dead. Long live gold and silver! Buy silver Liberty Dollars NOW!
Mar 22, 2005
Economists: Deficit a bigger risk than terrorism
Mar 21, 2005
Does America
REALLY smell the coffee? Waging wars of conquest require a strong economy.
Yale historian Paul Kennedy has long argued that great powers typically fail when
military reach outstrips a nation's economic strength. In that vein, there's little
doubt that America is extending its reach in this post-9/11 world. Wars in Afghanistan
and Iraq were the opening salvos. The Bush Administration's recent nomination of two
leading neocons to key global positions -- John Bolton as America's ambassador to the
UN and Paul Wolfowitz to head the World Bank (also announced on March 16) -- are more
recent examples of a White House that is upping the ante on its "transformational"
projection of global power. In Paul Kennedy's historical framework, America is
extending its reach at precisely the moment when its economic power base is weakening
-- a classic warning sign of the fall of a Great Power. This is our final
warning: The Powers That Be can now blame the American economic disaster on Bush and
the neocons....and all the sheeple of the right who supported them.
Mar 20, 2005
The coming U. S. economic
collapse.
Mar 20, 2005
China, Greenspan rub
salt in dollar wound
Mar 12, 2005
Dollar catching
Asian flu
Asian central banks have been quietly switching their dollar holdings to regional
currencies for at least three years. This shift conforms with global trends as central
banks seek a buffer from the burgeoning US trade and budget deficits.
Feb 28, 2005
Debt, taxes and kiss of death: crisis in Social Security is Feds stealing from the fund
to reduce deficits
Feb 26, 2005
The Real Reasons Why Iran is the Next Target: The
Emerging Euro-denominated International Oil Market
Jan 26, 2005
Move to
euro hits US finances
Jan 20, 2005
Warren Buffett sees no way but down for US dollar
Jan 18, 2005
Runaway US debt spells
tough times ahead
Jan 10, 2005
Is the U.S. economy being set up to fail?
Jan 10, 2005
World on brink
of ruin
When the chief economist of one of the world's most prestigious banks calls Greenspan a
bum, that's a big deal
Jan 7, 2005
Making the world safe...for
bankers
Jan 6, 2005
Inflation
disinformation: it's actually 6%!!
Jan 6, 2005
Bond bubble,
American-style
Jan 3, 2005
Has Greenspan over-pumped the real estate bubble?
Jan 1, 2005
The war to save the U.S.
dollar
Dec 4, 2004
Table set for 'devastating deflationary
collapse'
The U.S. has managed to keep the U.S. economy from the recession/depression it needed
and deserved following the bursting of the tech bubble in 2000. It has done so by
blowing one bubble after another, with the latest and most absurdly overvalued bubble
of all being the housing bubble. And certainly war expenditures have helped keep the
demand side of the economy alive, even as consumers have been spending themselves into
bankruptcy at a record pace.
Eliminate your debts. Get real silver or
gold Liberty Dollars, US$ and economy is approaching collapse.
Dec 4, 2004 Our Place in the
World: U.S. mortgages its sovereignty The official philosophy of the
government presided over by George W. Bush views the United States as standing outside
of history -- unfettered by traditional forces that dictate the rise and fall of
civilizations and immune to the limits imposed on great powers by the broad sweep of
historical trends.
Dec 4, 20041
US jobs crisis piles pressure on dollar
Dec 3, 2004
What You Didn't Know
About the Dollar & Iraq
Dec 2, 2004
US$ TO FALL ANOTHER
34%-$500,000 DEBT PER US HOUSEHOLD
Nov 29, 2004
The dollar stares into
the abyss As the dollar leaves behind the support in the 84 - 85 area on the
index, the rate of decline is accelerating. The big questions now, of course, are "How
far will it drop?" and "Are we in for a full-blown dollar crisis?" The simple answer to
these questions is "a very long way" and "yes," respectively
Nov 29, 2004
Weak dollar leaves
central banks in a bind
Nov 29, 2004
U.S. treasuries decline on speculation foreign demand may wane
Nov 29, 2004
StockGate:
SEC paper presented at SIA Symposium calls counterfeiting 'pervasive'
The industry sells shares without delivering them to the buyer. Although they show up
in the buyer's brokerage statement, the buyer only receives an IOU. The SEC doesn't
know how to fix it as it will cost the industry too much money to deliver what they
owe, potentially bankrupting some firms.
Nov 23, 2004
Worldwide effects of sinking
dollar
Nov 22, 2004
US Dollar has
lost 40 per cent of its value in the past two years.
Nov 22, 2004
Dollar Fall Will
Come at a Price for All, Analysis
Nov 22, 2004
Invoking
clauses tucked into the fine print of their contract agreements, lenders are doubling
or tripling interest rates with little warning or explanation
Nov 19, 2004
Silver poised to
skyrocket
Nov 17, 2004
Dollar hits new low versus euro
Nov 16, 2004
Three
Stages of a Dollar Collapse
As the dollar collapse continues, we will be looking for these three divergences: 1)
gold outpacing foreign currencies; 2) precious metals outpacing base metals; and 3)
silver outpacing gold. Get real silver or
gold Liberty Dollars, US$ is approaching collapse
Nov 16, 2004
Fannie Mae warns of possible $9 billion loss
Nov 14, 2004
Bank of Japan Governor says world needs rival to US dollar as global currency
"...the economy of the key currency is easily tempted to focus its economic
policy on domestic considerations," an apparent thinly veiled rebuke to the economic
policies followed by the US administration of President George W Bush." Get real silver or
gold Liberty Dollars, US$ is approaching collapse
Nov 11, 2004
U.S. Dollar Drops
to New All-Time Low
Silver, which for the last few months I have been urging smart buyers to consider, is
up 49% in the last twelve months. Not too shabby! But the time is coming, and soon,
when even this stellar gain will seem paltry. Get real silver or
gold Liberty Dollars, US$ is approaching collapse
Nov 9, 2004
World
'risks global recession' in 2005
Nov 5, 2004
Euro hits new all-time high against dollar
Get real silver or
gold Liberty Dollars, US$ is approaching collapse
Nov 5, 2004
Dollar back on course: downward
Oct 27, 2004
NY gold, silver rise early on lower dollar
Get real money,
American Liberty Dollars, silver and backed by silver.
Oct 21, 2004
Leading
economic indicator index declines
June 17, 2005
Current Account
Trade Deficit at New High
June 17, 2005
Economic Train Wreck of the Week
Since 1989 we have witnessed the greatest orgy of monetary aggregate creation and
fiscal profligacy in recorded history. The major part of the credit goes to Sir Alan
Greenspan, with strong assists to several administrations, Congress, Wall Street, our
banking and insurance committees and a host of other elitists. What they have done will
provide negative ramifications for years to come.
June 9, 2005
REAL ESTATE BUBBLE
3
As Fed Funds rates plummeted, mortgage rates followed. Home prices were already rising,
but in unison with the falling rates a speculative mania in the housing markets caught
sail. The combination of such has led to a mass Real Estate investing, refinancing and
cash-out refinancing frenzy.
June 5, 2005
Julian Robertson predicts global economic collapse within 10 years
Apr 24, 2005
Canada: Class Action Accuses Banks of Illegal Creation of Money
The complaint was filed Friday April 15, 2005 in the Supreme Court of British Columbia
at New Westminster. It alleges that all financial institutions who are in the business
of lending money have engaged in a deliberate scheme to defraud the borrowers by
lending non-existent money which are illegally created by the financial institutions
out of "thin air."
Apr 24, 2005
Hospital services outsourced
overseas
Apr 21, 2005
2 Brits nabbed with $3 trillion in fake US fed notes capable of triggering an economic
system collapse
Apr18, 2005
The Greatest Ever Speculative Bubble
in Risk
Apr16, 2005
Is America
Going Broke?
The United States is the world's best customer. It buys far more from foreign countries
than it sells to them, resulting in a sizable trade deficit. It also spends more on
public programs than it collects in tax revenues. And to pay for all these outlays, the
U.S. must attract mountains of foreign capital each year, which essentially amounts to
borrowing from foreign governments and investors.
Apr 16, 2005
Dollar Tumbles on Soft Data, G7 in Focus
Apr 16, 2005
Stocks
tumble as investors give up hope
Apr 16, 2005
The Dollar "Plunge
Protection Team"
Apr 16, 2005
IRS REELS UNDER TAX
REVOLT
Apr16, 2005
Bush's Voodoo Economics
America's trade deficit is rising and the dollar is falling. So what do George Bush's
economic policies portend for America's future?
March 21, 2006
RETALIATION:
SAUDIS, UAE MAY DUMP U.S. DOLLAR
March 18, 2006
The Beginning
of the End of the Petrodollar
March 18, 2006
Iraq War Cost May Surpass $1
Trillion
America will be decimated by the Bush Administration. The Illuminati will have
accomplished their purpose to destroy the last empire.
March 18, 2006
Federal Debt up $26 TRILLION Since
Dubya Took Office !!!
March 16, 2006
Senate ok's debt limit
hike: U.S. to owe $9 trillion
Dems all vote 'no,' just 3 GOP join them. GOP is the party of spend and spend.
March 14, 2006
Arab central banks
move assets out of dollar
March 13, 2006
Your
Country at War--1917
Congressman Charles Lindbergh, Sr. had the Federal Reserve pegged 90 years ago and
tried to warn us then. He noted how the wars led to economic disaster for the plain
folks who did the work while the financial parasites enjoyed obscene profits on the
blood of American troops and the poor.
March 12, 2006
We are
on the verge of the greatest inflationary binge in history
Trading oil in euros means the dollar monopoly is over and the market place will be
flooded with dollars. That means the Fed will have to monetize trillions of dollars and
that is immediately inflationary.....That means a gold price in the thousands of
dollars. If the Fed thinks that by terminating M3 they'll be able to hide what they are
doing, they are sadly mistaken. We know the elitists do not want the Republicans
decimated in the next election, but we'll be able to get the numbers on what they are
doing. Hiding M3 is an attempt as well to hide monetization. That is why we implore you
to have almost all your assets in gold and silver. The real crisis is just getting
underway...the high-powered game continues and any sane person knows the results are
going to be disastrous. Understanding the problem is simple and the solution is, there
is no way out. Wall Street understands what they are facing and they'll play their hand
until the bitter end hoping they survive. We are witnessing one of the greatest
destabilizing speculative periods of all time. We are going to reap the consequences of
unsound money and credit. Your only investment alternative is gold and silver related
assets. This is the only mechanism for protecting your wealth.
March 11, 2006
The Fed Officially Kicks Off the Next
Recession
It is official. A recession is coming. How do I know? Because this week new Fed
Chairman Ben Bernanke gave an official warning to bankers about commercial real estate
loans. That is always the kickoff to a recession. It is the starter's gun, the national
anthem before a ballgame, the opening hymn at a church service. Here is how it works.
March 10, 2006
Reich: U.S. headed for 'day of reckoning'
The United States is headed for a "day of reckoning" as oil prices and the budget
deficit remain high, consumers keep spending and not saving, wages remain stagnant,
housing prices rise and the working population ages, warned Robert Reich, former
Department of Labor secretary in the Clinton administration.
March 10, 2006
No end in sight for
giant trade gap
March 8, 2006
The real numbers behind the
economic lies will surprise investors and citizens alike
March 8, 2006
Russia
gold and currency reserves increased to record-high.
March 6, 2006
Gold suppression cartel
cannot cover their shorts anywhere near current prices
As we go forward in time you'll see that gold will re-attain its safe haven status and
will reassume full currency status, especially when the dollar declines 50%. Get gold and silver
Liberty Dollars.
March 6, 2006
Treasury Dept. Moves to Avoid Debt Limit
March 6, 2006
Many
companies plan more outsourcing
March 6, 2006
Sudden glut in unsold new homes is
threatening to snuff out the blazing housing market that's been carrying US
economy
March 6, 2006
How a housing downturn could roil
economy
March 3, 2006
Chinese dumping US dollars
for gold
Liberty Dollars are backed by gold, too, and silver, and they can be used in the US in
many places. Dump US Dollars for Liberty Dollars and help us develop an alternative for
the Federal Reserve.
Feb 28, 2006
Global Credit Ocean Dries Up
The cash machine that sustained a world boom is about to close, and it's going to get
ugly--just like in the Great Depression. This one could be the greatest depression
Feb 3, 2006
You're Still
Paying for the Spanish-American War
That is if you haven't discovered WHO you really are and who really owes the taxes. Eliminate Taxes
Feb 2, 2006
Gold
Reaches 25-Year High as Oil Gains Renew Inflation Concerns
Computer maker Dell Inc. said Monday it planned to add 5,000 jobs in India over the
next two years, bringing its work force in the country to 15,000.
Jan 23, 2006
Iran's Oil Exchange threatens the Greenback
The Bush administration will never allow the Iranian government to open an oil exchange
(bourse) that trades petroleum in euros. If that were to happen, hundreds of billions
of dollars would come flooding back to the United States crushing the greenback and
destroying the economy. This is why Bush and Co. are planning to lead the nation to war
against Iran. It is straightforward defense of the current global system and the
continuing dominance of the reserve currency, the dollar.
Jan 23, 2006
The proposed
Iranian Oil Bourse will accelerate the fall of the American Empire.
Jan 23, 2006
Collapse of U.S. Economy Imminent
In its attempt to establish a world empire dominating every nation on the planet, the
U.S. has exhausted its ability to finance the expansion and the country now faces
imminent financial collapse. From all indications, it looks like 2006 will spell the
end for America.
Get rid of your debt, get Liberty Dollars, get ready.
Jan 23, 2006
Ford cuts deep with $2b in profit
Announces
closure of 14 plants, cuts of 25 - 30,000 jobs in spite of profits.
Jan 23, 2006
POP
Jan 17, 2006
Worry
as Chinese reserves poised to touch historic US$1 trillion level
Jan 6, 2006
China hints at shift away from dollar
Jan 3, 2006
Housing
decline to drag economy
Mortgage applications are at the lowest levels since 2002, while new home sales took a
record dive last month. The average price of a new house has declined for three
straight months, and the inventory of new houses for sale is at record levels. Mortgage Elimination NOW using the Truth in
Lending Act or begin an Accelerated
Mortgage Payoff. In fact, now is not a good time to be carrying ANY
debt. Eliminate Credit Card Debt and
Student Loans, Eliminate Taxes and Tax Liens, Eliminate Auto-Truck-RV-Motorcycle Loans.
Dec 26, 2005
Watch it crash: your
health care, your pension, your house
Dec 18, 2005
Petrodollar Warfare: Dollars, Euros and
the Upcoming Iranian Oil Bourse
The proposed Iranian oil bourse signifies that without some sort of US intervention,
the euro is going to establish a firm foothold in the international oil trade. Given
U.S. debt levels and the stated neoconservative project of U.S. global domination,
Tehran's objective constitutes an obvious encroachment on dollar supremacy in the
crucial international oil market.
Dec 15, 2005
Will Bernanke Create
Hyperinflation?
Dec 15, 2005
Record Deficit Shows
Dollar's Half Empty Glass
Dec 14, 2005
War
spending may hit half-trillion mark
That's how the New World Order will bring America down. Oh! You didn't think we were
going to be the top-dogs did you? IIf you did that was silly!
Dec 12, 2005
Dollar Tumbles Against Major Currencies Ahead Of Fed
A broadly lower dollar was at its weakest in more than a month against the euro Monday,
as dollar bulls were sweating a Federal Reserve meeting Tuesday that could signal the
end of the central bank's interest rate- hiking campaign.
Dec 12, 2005
ECONOMICS AND
WAR: THE REAL DEAL
Now, fast forward to December 2005. As I write this edition of the Meridian Report,
there is a growing sense of deja-vu. This time, it is Iran that is causing problems.
But, CNN will have you believe that Iran is causing nuclear problems by refusing to
scale back its nuclear program. The real story is that by March 2006 Iran is
threatening to have in place an entity called the Iranian Oil Bourse. Trading of Oil on
this exchange will be denominated in - yes you guessed it - Euros.
Dec 08, 2005
Foreclosures up 35 percent this year
Dec 07, 2005
Slowdown
in U.S. housing market could claim 800,000 jobs
The slowdown is likely to last several years, with as many as 500,000 construction jobs
and 300,000 financial sector positions lost, the quarterly Anderson Forecast predicted.
Dec 07, 2005
Debt, Unemployment,
Privatization and War/How Greenspan Skewered America
No one has done more to ensure the ultimate demise of the American middle class than
Alan Greenspan.
No one.
In the stately pantheon of class-warriors, Greenspan's spectral-image looms larger than
any other; the foremost proponent of hardnosed social-Darwinism and exclusionary
economics. Even his carpet-bagging consort, G.W. Bush, pales in comparison.
Dec 07, 2005
Ford
to Cut Up to 30,000 Jobs Within 5 Years
These companies are pulling up stakes in the US and headed to other places for a simple
reason. They are paying heavy taxes to and getting little in return from a government
that is too deep in debt to get out. A crash of some kind is on the way, and who wants
to stick around for that? M. Rivero (WhatReallyHappened
Dec 07, 2005
Microsoft to Invest $1.7 Billion, Add 3,000 Jobs in India
Nov 29, 2005
GM to raise India
workforce by 30%
Nov 7, 2005
Warren
Buffett's Berkshire Hathaway reduces its bet against US dollar
Nov 6, 2005
New Fed boss called 'insane fan of
inflation'
In fact, in a speech in November 2002, Bernanke related this gem to a gathering of
economists: "Japanese deflation will not happen in America because the U.S. government
has a technology, called a printing press . . . that allows it to produce as many U.S.
dollars as it wishes."
Nov 4, 2005
Moving towards a petroeuro system?
Russia, Venezuela and some OPEC
One bit of news that hasn't received the public vetting it merits is Iran's declared
intent to open an international oil exchange market, or "bourse." Not only would the
new entity compete against the New York Mercantile Exchange and London's International
Petroleum Exchange (both owned by American corporations), but it would also ignite
international oil trading in euros. "A shift away from US dollars to euros in the oil
market would cause the demand for petrodollars to drop, perhaps causing the value of
the dollar to plummet"
Nov 2, 2005
GM
And Ford Report 23% Declines In October Sales...Slowest In Seven Years
Oct 29, 2005
Bond prices fall: time to sell US
Treasuries?
Many big investors keep a large portion of their wealth invested in US Treasury bonds.
Over the past few weeks this previous safe haven for investment has started to slide on
the back of rising interest rates. So is this the end of the long bond bull market?
Oct 29, 2005
Gartmore warning sparks hedge fund fears
FEARS of a financial fallout in the hedge fund industry were fuelled today by a warning
from Gartmore, one of London's biggest fund groups, that 'something is broken' in
European equity markets
Oct 24, 2005
SEC has
allowed Wall Street to steal trillions from us, using counterfeit shares?
Evidence is REFCo whose books show $10.5 billion in undelivered stocks
Oct 22, 2005
Federal Government Debt breaks 8
TRILLION
This does not include unfunded liabilties such as Social Security, nor does it include
debt transferred to the states by means of unfunded mandates.
Oct 22, 2005
US stocks: The visible
hand of Uncle Sam
John Embry and Andrew Hepburn provide a valuable entry into the world of finance. The
two analysts illuminate the shadowy trail of the "Plunge Protection Team" in its
apparent mission to rig the American stock markets. Their account is backed up by
considerable indirect evidence, as well as statements by credible insiders. If their
account is correct, it means that US markets look a lot like the Japanese markets that
were long derided for being subject to repeated official manipulation. A more important
conclusion may be that US markets are even shakier than many believe.
Oct 22, 2005
The
clock ticks on economic collapse--A pandemic is a case of 'when, not if',
says the WHO, and global recession could follow.
In Washington, the US government is hurriedly upgrading its estimate of the likely
damage, concluding that a full avian flu outbreak could kill 1.9m Americans and cost
the US economy $450billion. But this is an excuse for the impending of the fiat money
system that the Fed can no longer keep afloat. Time for finger-pointing.
Oct 17, 2005
FOREX-Dollar extends losses on downbeat U.S. data
Oct 7, 2005
Signals of the End of the Dollar Standard As Voltaire said in 1729 "paper
money eventually goes down to its intrinsic value - zero." Every fiat paper currency
before or since has confirmed to this prediction. A fiat paper currency that is also
the global reserve currency becomes this problem writ large. A US Treasury official of
old - Sam Cross - put it this way: "if you postulate a system that depends on one
country always following the right policies, you will find that sooner or later no such
country exists. The system is eventually going to break down". That's why I advocate
switching over to the
Oct 7, 2005
Europe and
Japan cannot again repair US deficits The US and the crony corporations have
been living on the dole. Fat cats have been accusing the poor and disabled of feeding
from the same welfare trough. This has been possible through the elevation of the US
Dollar as the world's reserve currency, the money that lubricates commerce. Now they
can no longer afford to pay our inflated national bills and we will have to dump
politicians who have squandered the good life.
Oct 7, 2005
US stocks plummet
amid fear of slowing economy
Oct 7, 2005
Pop Goes the
Real Estate Bubble
In the past few years there have been plenty of false sightings, but now comes
something truly ominous: a 13 percent drop in Manhattan real estate prices in a mere
three-month period ending October 1.
As if that were not bad enough, more unsettling news of the same nature is reported in
Boston, Washington and San Francisco, the places that have led the national upward zoom
in real estate prices for the past several years. Don't wait for it to affect you, do a
Mortgage Analysis NOW to eliminate your mortgage
BEFORE the economy plummets further. Even though you have been making payments on time
and can continue to make payments on time, if your balance drops below market value the
lender can still foreclose.
Oct 6, 2005
A Doozie of a Recession
Of course George W. Bush will blame it all on the war and two hurricanes. In fact, it's
a direct result of his own flawed economic policies and the "borrow and spend"
lifestyle he sparked, not only within government, but consumers as well.
Oct 6, 2005
US teeters on the
edge
Between slowing growth, signs of flattening or falling property prices, still-high
energy costs, rising measures of upstream inflation and Washington's continued
inability to run anything approaching a sensible fiscal policy, there is plenty for
Wall Street to be worried about without even mentioning Richard Fisher.
Oct 5, 2005
HOW A US CURRENCY
CRISIS COULD UNFOLD
Oct 2, 2005
Employment slumps, manufacturing slows: U.S. economy preview
Sep 29, 2005
Retailers
report sales falling at fastest rate since records began
The fragile state of consumer spending was underlined yesterday as the CBI's latest
survey of the retail sector showed sales volumes falling at their fastest rate in the
report's 22-year history.
Sep 29, 2005
US new home
sales decline 9.9% in August
Sep 27, 2005
Greenspan
warns on mortgages
"They are seen as vehicles that enable marginally qualified, highly leveraged borrowers
to purchase homes at inflated prices. In the event of widespread cooling in house
prices, these borrowers, and the institutions that service them, could be exposed to
significant losses," Mr Greenspan said.
Sep 27, 2005
GREENSPAN: US GOVERNMENT HAS "LOST CONTROL" OF THE DEFICIT
Sep 21, 2005
Fed Raises Interest Rates To 3.75%
The Fed was in a box about interest rates when they met this week. so their
inflationary worries are carrying both gold and silver to new highs. Enjoy the ride in
silver and if $7.62 is breached, who knows how high it could go. As we in
July it was reported that new medical uses of silver are
showing up in products such as silver-treated bandages. A new line of eye
treatments for "computer eyes" is preserved with silver sulphate which is far easier on
us allergic types than some of the old thimerosal (mercury-based) preservatives.
Silver's industrial uses continue to climb even if the growth in film has dropped
because of digital cameras. More demand for silver than is being mined means that
silver values must rise and they will rise enormously above gold.
Sep 21, 2005
Economic Crunch
Survival
-
Convert some of your savings to Liberty Dollars. Store them well.
-
Buy a good water filter that has a 1000+ gallons life span.
-
Buy a 5-50 gallon water drum (cheap, can probably get at a hardware store).
-
Stock some long term storage food (a month's supply will do you well anyway).
-
Get out of debt.
-
Network with friends, family, and neighbors.
Sep 17, 2005
Chinese
less keen to hold US dollars
Sep 17, 2005
The Coming
Depression: Bush and the Neocons tried to forestall the switch from the Dollar to
the Euro by Saddam What most governments, but few citizens, know, is that the rush
to war was due to Saddam Hussein's committing the high crime of accepting Euro dollars
for oil under the "Oil for Food" program. War didn't work. The US Dollar has sunk even
faster because of a loss of confidence in the US economy and the US leadership
Sep 17, 2005
The Fed's Wild
Imagination
Americans think their houses are actually worth more than they were five years ago, but
most of that increase is a puffed up bubble...a delusion...a fiction, just as it was in
Japan. We are waiting for the bubble to (finally) pop. When it does, we expect a
resumption of the bear market/recession that began in 2000/2001. Asset prices should
deflate for at least another 10 years.
Sep 17, 2005
Crazy loans: Is this how the boom ends? Lenders are pushing risky loans with
low payments. Desperate home buyers snap them up. Worried yet? There's much more
involved, however. In the 80's George HW Bush got the insured level of S & L's
raised from $10,000 to $100,000 and through deregulation allowed more latitude in S
& L lending practices. Drug operations opened multiple accounts, bought land,
fraudulently inflated its value by a procedure called "flipping," and then sought loans
from an S & L using the land as collateral. The loan proceeds were non-taxable and
clean, but such risky loans on over-priced property eventually brought the S & L's
to collapse. Along comes the government and bails them out so that the drug runners can
recover their original deposits...on the taxpayer's dime. The front corporation would
collect, fold and disappear.
Sep 8, 2005
Memos Show Oil Companies Closed Refineries To Hike Profits
Sep 6, 2005
The bell tolls for the
dollar
The bell tolls for the US Dollar because it is doomed. Like the Dodo bird, the US
Dollar will, within the foreseeable future, disappear into the history books in the
chapter on "Extinct Species".
Aug 24, 2005
Pounding the
table for gold and silver
The Federal Reserve tiptoed back, hoping I wouldn't notice, into expanding credit, as
evidenced by their $2 billion infusion of make-believe money last week. Not too bad,
actually. But worse, they actually started down the path of the ultimate fraud, and
bought up $1.6 billion of government debt! Hahaha! The government creates a bond, and
the damned Federal Reserve creates the money out of thin air to buy the bond! Hahaha!
This is fiat money at its finest! Hahahaha! And we wonder why we get so little respect
from the rest of the world!
Aug 21, 2005
Treasury Claims Power to Seize Gold
& Silver -- and everything else
The Trading with the Enemy Act of 1917 was amended to include US citizens by Executive
Order No. 2040 and ratified by Congress on March 9, 1933. As enemies of the state in a
time of war we are not allowed to own any gold, silver, nor any other currency. When is
there NOT a time of war. Franklin Delano Rosenfeld's Zionist treachery is still
operative today. FDR changed the meaning of The Trading with the Enemy Act of December
6, 1917 by changing the word "without" to citizens "within" the United States. Still
have warm, fuzzy feelings about "your" government? Even if this were legal by Executive
Order, Executive Order is not Constitutional. Even if there were no Constitution, this
is illegal by International Law.
Aug 20, 2005
Running
on fumes: A journey to the end of empire
Aug 18, 2005
High-priced
housing faces risks--POP!!
Aug 12, 2005
Bush "acknowledges"
the collapsing US economy by huge government spending on infrastructure
The US administration aims to spend $286 billion on the development of the American
transport system, the last glimmer of hope for the Bush Administration to keep the
nation under control
Aug 11, 2005
The American
Dollar, R. I. P.
Saudi Arabia, immediately after the death of King Fahd, announced that it was going to
repatriate $360 billion invested overseas in the last 18 months. Of course, the
majority of this was invested in the United States, and Saudi Arabia can't possibly
absorb all that money, so this is a polite way of saying that they will invest their
oil revenues in countries other than the United States. Thus quietly ends the scheme
that Saudi oil surpluses would be invested in the United States.
This has worked exceptionally well for the Americans, and the thanks the Saudis got for
it was to be constantly blamed for financing terrorism, financing which started at the
insistence of the United States! The replacement of Prince Bandar - a man perceived as
very close to American interests, particularly the Bush crime family itself - as Saudi
ambassador to the United States almost certainly also signals that the Saudis are tired
of propping up the American economy and receiving only aggravation in return. The loss
of the very close friendship of the Saudis is another gift the Americans have received
from the Zionists in the Bush Administration. Sometimes it helps to know who your real
friends are
Aug 11, 2005
Has Housing Bubble Sprung A
Leak?
Housing experts say recent buyers who used low-interest or interest-only loans to buy
houses that were previously above their reach could be in for a rude shock
Aug 11, 2005
Forbes: Housing Bubble
"Dangerous"
Aug 11, 2005
Petrodollar Warfare:
Dollars, Euros and the Upcoming Iranian Oil Bourse
Aug 9, 2005
Watching the Economy
Crumble
The media gives a bare bones jobs report that is misleading. The public heard that
207,000 jobs were created in July. If not a reassuring figure, at least it is not a
disturbing one. On the surface things look to be pretty much OK. It is when you look
into the composition of these jobs that the concern arises.
Of the new jobs, 26,000 (about 13%) are tax-supported government jobs. That leaves
181,000 private sector jobs. Of these private sector jobs, 177,000, or 98%, are in the
domestic service sector. ... Not a single one of these jobs produces a tradable good or
service that can be exported or serve as an import substitute to help reduce the
massive and growing US trade deficit. The US economy is employing people to sell
things, to move people around, and to serve them fast food and alcoholic beverages. The
items may have an American brand name, but they are mainly made off shore.
Aug 7, 2005
Petrodollar Warfare:
Dollars, Euros and the Upcoming Iranian Oil Bourse
"A successful Iranian bourse will solidify the petroeuro as an alternative oil
transaction currency, and thereby end the petrodollar's hegemonic status as the
monopoly oil currency. Therefore, a graduated approach is needed to avoid precipitous
U.S. economic dislocations."
Aug 7, 2005
Saudis to retrieve $360 billion abroad
Saudis disinvesting in foreign securities and assets acquired abroad in the
last 18 months. 60% of that is invested in the US
July 28, 2005
It's a scary new
world
The big, big, big, BIG, BIGBIGBIG news is, of course, is that China has lowered the peg
of the Chinese yuan to the dollar by 2.1% . As David Tribble commented, "From this
point forward, the United States Federal Reserve no longer matters. The balance of
power has shifted from the West to the East." He is right, as the new currency regime
is a "managed float" of currencies, and the people managing the float are the Chinese,
so they run things from now on.
July 31, 2005
Dollar falls for 4th week versus euro; No lift from US growth
July 27, 2005
Doomsday Approaches:
The End of the Housing Bubble
July 10, 2005
U.S. prices would rise if China floats its currency
June 28, 2005
Repatriation of the US Dollar The world is taking small steps at this time to
rid itself of the dollar yoke that the Federal Reserve has strapped upon them. If you
weren't paying attention to the events of the world, you wouldn't even notice.
Fortunately for the Federal Reserve the US media plays a vital role in keeping up the
illusion that all is going well for the US.
July 23, 2005
China's yuan
revaluation starts another stage of US dollar demise worldwide Other Asian
states will gradually reduce the purchase of American dollars after the start of the
yuan-revaluating process. Without buyers for US treasuries, we have fewer willing to
finance US debt. US goods become more competitive but we have shipped much of our
manufacturing off-shore.
July 21, 2005
CHINA SEVERS ITS CURRENCY'S PEG TO DOLLAR China is no longer going to buy our
debt, among other things, five months after Korea started to "
diversify its investments" in February.. The house of cards is coming down.
May 6, 2005
The 4 Derivative U.S. Dictators: Secrets of the Plunge Protection Team
There are just four people who control all of the U.S. markets through their use of
dangerous and explosive DERIVATIVES. They are risking the assets and retirement funds
of all Americans. Because of their manipulations, especially since 2001, U.S. financial
markets are now based on the gambling whims of a special fraternity of Federal
Government DERIVATIVE dealers.
May 10, 2005
First
Foreign Islamic Bank To Open in Malaysia Home Foreclosure Listings Surged
in March, Study Shows
In what could be a crack in the housing market's sturdy foundation, the number of
foreclosed homes put up for sale rose 50 percent between February and March, according
to a new study by Foreclosure.com.
Apr 7, 2005
Is the housing market going
to crash?
Cheap money and refinancing have fueled an unparalleled boom/inflation of real estate
prices across the nation. Most gains have been cashed out via the equity loans that
have provided a supplemental "income" for households to keep this economy spending.
It's the costly S&L tragedy all over again.
Apr 7, 2005
Invisible hand
(of the US government) in financial markets
The U.S. government is manipulating all major U.S. financial markets--stocks,
treasuries, currencies. This article shows how it is possible and how it is done, why
it is done, who specifically is doing it, when they do it, and where they get the money
to do it. .
Apr 6, 2005
Is it a bubble? Experts debate surging US real estate prices
Apr 6, 2005
World Bank Warns U.S. to Cut Deficits
Mar 11, 2005
Greenspan
stirred up the market Thursday night saying foreign investors would reduce their US
asset holdings
Feb 25, 2005
Warning from the markets
Feb 13, 2005
Florida food stamp system sees 53% jump from 2000
Feb 7, 2005
Russia to oust US dollar from nation's financial policy
Here we go! US dollar being cast adrift by one central bank after another.
Feb 7, 2005
Central bank leaders warn U.S. over massive deficits
Feb 6, 2005
Collapse of the dollar: how America was set
up to take a fall
Feb 5, 2005
Russia ends de facto dollar peg and moves to align ruble with euro
Jan 31, 2005
Darkness
at the end of the tunnel: Facing the reality of war without end at the abyss of an US
economic meltdown
Jan 30, 2005
Bill Gates, World's Richest Man, Bets Against Dollar
Jan 27, 2005
China
Loses Faith in Dollar
Get
silver. The value of the US dollar is plummeting
Jan 28, 2005
New war weapon
for Bush: economic chaos from the plunging value of the dollar
Nov 27, 2004
India, China and other
countries start dumping US dollar and buy Euro
U.S. dollar has declined sharply because of doubts about the fundamentals of the U.S.
economy, which is running wide fiscal and trade deficits. Eliminate your debts. Get real silver or
gold Liberty Dollars, US$ and economy is approaching collapse.
Nov 27, 2004
Dollar
slides to a record low - China, other foreign banks show signs of disenchantment with
U.S. currency
Are you paying attention? You think just because you can continue making house payments
that you are invulnerable to foreclosure? Think again. Eliminate your mortgage and other debts.
Nov 26, 2004
Dollar
struggles, hits record low vs euro
Let our professionals help you eliminate your debts.
Get real silver or
gold Liberty Dollars, US$ and economy is approaching collapse.
Nov 26, 2004
China cuts US treasury bond holdings to avoid losses from a weakening dollar
Nov 26, 2004
Fundamental
SUV economics elected Bush and maintains real estate bubble: Property values away from
commercial centers are supported by the availability of cheap oil.
Nov 25, 2004
New U.S. Foreclosure Inventory Nears 30,000 in October, Announces
Foreclosure.com
These foreclosed properties, sold for the unrecovered debt, will depress housing prices
in their areas. Together with the sharp decline in new mortgages, this signals that the
real-estate bubble is nearing the bursting point. See House of Cards: Why home prices are about to plummet--and
take the recovery with them.
Nov 25, 2004
Greenback Loses Favor In China
The US is being made a Pariah State along with Israel just as Hitler and the Nazis were
made Pariahs 70 years ago. See also Why the invasion of
Iraq?: Saddam intended to sell Iraqi oil in euro instead of U. S. dollars
Nov 25, 2004
100 TRILLION DOLLARS
IN DEBT WORLD WIDE...
The problem with a debt-instrument monetary system (such as the Federal Reserve system
we use here in the US) is that from the moment it is created, more money is owed than
is in existence.
Nov 24, 2004
America
has no better than a 10 percent chance of avoiding economic "Armageddon.''
Household debt is at record levels, but Roach neglects to mention that artificially low
interest rates enticed millions to refinance their home mortgage. Trading equity for
consumer spending is all that has kept the economy going for the past two
years....along with money laundering from drug trafficking. U.S. consumers, who are in
debt up to their eyeballs, will get pounded.
Eliminate your debts. Get real silver or
gold Liberty Dollars, US$ and economy is approaching collapse. 30% chance it will
be SOON. 60% chance we'll muddle along for a while, 10% we'll make it through
unscathed.
Nov 24, 2004
Collapsing
value of the dollar could pitch world into a financial catastrophe
Nov 24, 2004
Russia will boost
its share of central bank reserves held in euros at the expense of the dollar
Nov 18, 2004
Dollar Near Record Low; Officials May Be Unwilling to Halt Drop
Nov 17, 2004
The Coming Currency
Shock
Flight from the dollar is already underway. During the past two years, the US dollar
has declined 52% against the new European currency, the Euro. This decline is striking
in view of the sluggish European economy and the fact that many analysts regard the
Euro as merely a political currency. Indeed, the dollar is declining against all
currencies that have any international standing: the British pound, the Canadian
dollar, the Australian dollar, and even against the Japanese yen despite Tokyo's
intervention to support the dollar. Overcome by hubris and superpower delusion, US
policymakers are unaware of America's peril. Economists and pundits are equally in the
dark.
Unaware or intentional? If the purpose of the intrigue and propaganda is to see America
go the way of Imperial England, Imperial France, and Imperial Germany, then this is
intentional. If anyone wishes to ignore the lessons of history, they can be unaware
until it is too late. You don't need to be unaware and you can mitigate the disaster
that lies ahead. The greatest danger lies in believing that it is NOT intentional.
Eliminate your debts.
Nov 8, 2004
Dollar
continues slide as foreign governments sell US assets
India and Russia have reportedly been selling US assets, as well as petrodollar-rich
Middle Eastern investors.
China, which has $515bn of reserves, was also said to be selling dollars and buying
Asian currencies in readiness to switch the renminbi's dollar peg to a basket
arrangement, something Chinese officials have increasingly hinted at. Any re-allocation
could push the dollar sharply lower and Treasury yields markedly higher.
Get real silver or
gold Liberty Dollars, US$ is approaching collapse
Oct 22, 2004
Russian central bank stops supporting
US Dollar
Buy the silver
Liberty ASAP! U$D
Selloff Continues in Eastern Bloc Buy the silver
Liberty ASAP! "A day's wage used to be a silver dime, a silver quarter, or
maybe a silver dollar. A silver dime today costs about 45 cents, at $6.20/oz. for
silver. About 900 million oz. of silver are consumed annually, and just under 600
million ounces mined annually. There is 7X as much refined gold as silver... Buy real
silver, it is scarce, real wealth, and cannot go to zero value. By the time paper money
fails mankind once again, as it always does, any silver dime you can lay your hands on
will probably be worth more than what $100 to $200 will buy you today." Jason Hommel
The mind boggles here, huh? The above statement implies that a silver dime's future
purchasing power will probably increase from $0.45 to between $100 to $200, a 222 to
444 TIMES increase!
How can this be possible, even in our wildest dreams?
One way to look at it is from a static point, right now, not considering the flow from
mining and usage but from the fact that at the present time, there is reputedly 7X the
number of gold ounces in existence as the number of silver ounces in existence. And
with gold currently at $418.40 per ounce and silver at $7.08 per ounce we have a ratio
of 59.1 to one. To put it mathematically blunt, 59.1 times 7 equals 413.7. That means
the real value of silver 413.7 more valuable than physical gold (7X). And if we
multiply 413.7 times the current silver spot price of $7.08, we get a revalued silver
price of $2,920/oz! Is that a bargain or what? Get silver Liberty
ASAP!
June 9, 2005
China points finger at US,
eurozone over falling dollar
Apr 29, 2005
The End of the
Days of Denial
"Inflation is what happens when more and more money is created out of thin air at a
rate well ahead of economic output. Anybody capable of skills that lie even modestly
beyond drooling into a bucket must surely recognize that this is precisely what's
happening today."
Apr 23, 2005
Nation's leaders head off
course as economic troubles deepen
The economy, contrary to the best-of-all-possible-worlds pronouncements by
Treasury Secretary John Snow, is a mess. Debt and deficits are piling up everywhere --
in the federal budget, in our commercial trade balances with the rest of world, in the
massive accumulation of money borrowed from foreign lenders (China, in particular) to
finance Washington's spending spree, and in the private accounts of American consumers.
We owe everybody. And that can't continue. An Economic 9-11? Mainstream media buries the
attempt to move three trillion dollars in fake bearer bonds to Zurich. Three
trillion in fake Federal Reserve Certificates could do huge damage to the nation, yet
the mainstream media that screams "terrorism" every time a taxicab backfires in Baghdad
has totally buried this story.
Apr 19, 2005
Beijing
ignores currency demands from G7
Apr 21, 2005
Greenspan warns deficits endanger economy
Apr 19, 2005
Wall Street Journal to reveal new economic worries in Wednesday roundup
Watch the diversionary tactic of blaming the steep decline in the value of the dollar
on "inflation" and high energy costs. Never mind that the insane policies of
outsourcing production and service jobs has created a huge trade deficit and Bush's
insane deficit spending to feed the coffers of Halliburton and the defense "industry"
have driven the "good faith and credit of the US Government" into the abyss.
Mar 11, 2005
Report: China's
foreign reserves in US$ reduced
Mar 11, 2005
Dollar
Slips on U.S. Trade Data
Mar 10, 2005
The Debt-Peonage Society
The bankruptcy bill was written by and for credit card companies, and the industry's
political muscle is the reason it seems unstoppable. But the bill also fits into the
broader context of what Jacob Hacker, a political scientist at Yale, calls "risk
privatization": a steady erosion of the protection the government provides against
personal misfortune, even as ordinary families face ever-growing economic insecurity.
Mar 9, 2005
The Senate Opens Fire on
U.S. Consumers preparing to pass a hostile bankruptcy reform bill
Mar 9, 2005
Dollar
suffers heavy selling
Mar 9, 2005
Why the dollar is falling
Mar 7, 2005
China, Korea reducing
Dollar holdings
Mar 5, 2005
U.S. economic collapse looming for 2005
Feb 28, 2005
Dollar
slides against euro, under pressure on deficit fears
Feb 28, 2005
Dollar loses ground to yen,
euro, pound
Feb 27, 2005
Petrodollar or
Petroeuro? A new source of global conflict
Feb 27, 2005
U.S. dollar may collapse
Feb 27, 2005
Israeli jailed in NZ for passport theft now senior executive for Visa credit
cards
Feb 27, 2005
Fake Mossad "suicide bombings" target immigrants to the Zionist entity
Feb 26, 2005
Dollar has weekly decline on concern banks may slow purchases
Feb 26, 2005
Russia and Korea send
dollar plummeting
Feb 26, 2005
China
legalises private investment, invites foreign investment instead of US$t
Feb 26, 2005
Will Venezuela switch to the
Euro as their oil currency? Feb 26, 2005
Bahrain sees growing role for euro
Feb 25, 2005
American dollar in crisis
as currency falls hard and fast
Feb 24, 2005
US deficits 'risk
crash'
Peter Costello's closest adviser fears the US is heading for a devastating financial
crash that could ravage Australia's economic growth.
To Contact an expert right now for more information to get started on these programs,
please click on one of these links and fill out the appropriate form.


The world gets crazier and crazier everyday, doesn't it? The world that many
of us thought was there, isn't. The bottom has dropped out of everything. The
illusions have been revealed, we have found out who has been pulling the strings
behind the scenes. Millions have lost their jobs, have mortgage
problems, credit card issues, credit repair problems and
foreclosure. What can be
done? Amazingly, we have been mislead. We have been taught that we can control
government by voting. The founder of the Rothschild dynasty, Mayer Amschel
Bauer, told the secret of controlling the government of a nation over 200 years
ago. He said, "Permit
me to issue and control the money of a nation and I care not who makes its
laws." Get
the picture? Your freedom hinges first on the nation's banks and money system.
It's all about 'commerce'. Freedom is connected with Debt Elimination for
each individual. Not only does this end
personal debt, it places the people first in line
as creditors to the National Debt ahead of the banks. They don't wish for
you to know this. It has to do with recognizing WHO you really are in A
New Beginning: A Practical Course in Miracles, an informational study. Is
your credit rating bad for reasons that seem out of your control? There are
ways of credit repair,
so you can men those broken fences too. Do you want to keep your children protected
from outside forces, there are ways of protecting
your children. Do you want
to keep your sons and daughters free from 'the draft'? Check this out.
Disclaimer - The posting of stories, commentaries, reports, documents and links (embedded or otherwise) on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such posted material or parts therein.
The myriad of facts, conjecture, perspectives, viewpoints, opinions, analyses,
and information in the articles, stories and commentaries posted on this site
range from cutting edge hard news and comment to extreme and unusual perspectives.
We choose not to sweep uncomfortable material under the rug - where it can
grow and fester. We choose not to censor skewed logic and uncomfortable rhetoric.
These things reflect the world as it now is - for better and worse. We present
multiple facts, perspectives, viewpoints, opinions, analyses, and information. If
you have more information on a certain subject that verifies it, challenges
it or make a comment on it, please e.mail
us.
Journalism is (or used to be) the profession of gathering and presenting a broad panorama of news about the events of our times and presenting it to readers for their own consideration. We believe in the intelligence, judgment and wisdom of our readers to discern for themselves among the data which appears on this site that which is valid and worthy...or otherwise. See full legal disclaimer
|
|

