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Author: Subject: Exploitation of the global economy, the coming collapse
497
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[*] posted on 15-8-2011 at 17:57
Exploitation of the global economy, the coming collapse


No one can deny economies throughout the world are in bad shape. There is little evidence of improvement, in fact the deterioration may be showing signs of acceleration in recent days. Now that the major world currencies are based on nothing but confidence, it won't take much to trigger a global panic and destroy the value of the dollar, if not other fiat currencies too.
Needless to say a collapse of the dollar will cause a total economic failure of the US, while the rest of the world economy will be severly impacted. Millions will starve or die in riots. Without truly monumental changes to the US economic and political landscape it is only a matter of time.
Every fiat currency has eventually lost its value, the dollar is no different. The rest of the world already sees it coming and foreign governments are buying gold by the ton in preparation.
The only way I'm aware of to prevent the above from happening is to inform enough other people. The tradional news media is under the control of the elite, the internet is really our only hope.
This has to go viral!
We have to destroy the Federal Reserve and regain the gold stardard. How much do you like the idea of a privately owned (through layers of disguise) bank controling and exploiting the nation's entire economy?
Please, I'm begging all of you, do everything you can to spread this to as many people as you can!
Do you think it's a coincidence that JFK was assasinated months after signing an executive order that would have allowed the treasury to print its own money for the first time since 1913 (when the Federal Reserve was established by a president that had agreed to do so before his election)?

Watch this, spread it:
www.theamericandreamfilm.com
It's seriously worth watching. The website also has lots to read.

Read this:
www.theeconomiccollapseblog.com

Please post ideas, support, comments, links, anything...
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francis
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[*] posted on 16-8-2011 at 00:23


From the American Dream website you posted:

Quote:

Symbolically, the Red Shield character represents the cartel of the global banking elite and the secrets of the Federal reserve. The House of Rothschild dominates the world financial machine, along with the house of Morgan, Rockefeller, Kuhn-Loeb, Goldman-Sachs, DuPont and others. This type of financial control in private hands constitutes a world system capable of dominating entire economies as seen in much of Africa and across Europe. Through their private global entities such as the IMF, World Bank, and International Bank of Settlements, their financial grip is overwhelmingly powerful. In America, this cartel's biggest lever of power is the Federal Reserve System.


The 'Good Guys' are Andrew Breitbart, Reason magazine, Ron Paul, the Libertarian Party and the CATO institute?

Are you familiar with this crew's record on scientific issues?

From the 'Cato Handbook for Congress' which you can read right here:
http://www.cato.org/pubs/handbook/handbook108.html


Quote:

Rather, the more serious question the facts on global warming provokeis this: Is the way the planet warms something that we should even try to stop?


Quote:

"No known mechanism can stop global warming in the near term. International agreements, such as the Kyoto Protocol to the United Nations Framework Convention on Climate Change, would have no detectable effect on average temperature within any reasonable policy time frame of 50 years or so, even with full compliance."


Other interesting remarks from the handbook:

"
Quote:

"the war on smoking...has grown into a monster of deceit and greed, eroding the credibility of government and subverting the rule of law.


I don't understand why people believe in shadowy conspiracies of corrupt bankers, but don't see the obvious agenda of groups like the CATO institute. Just follow the money.

If I sent Congress a book called "Francis' Handbook for Congress" no one would read it.

But they sure as hell read their manuals when they come from the CATO institute.

On the EPA:


Quote:

The EPA has demonstrated that it cannot collect and evaluate scientific data about environmental health risks honestly. Recognizing that fact, Congress needs to designate other organizations to collect and analyze the data. Or, if Congress elects to allow manufacturers to self-certify the safety of their products or to allow them to contract with third-party organizations for certification, Congress can place the costs and responsibilities for chemical safety on the organizations that will most benefit from ensuring the safety of chemicals in the environment.


On the FDA:

Quote:

Congress should ● modify the Food, Drug and Cosmetics Act of 1938 to allow pharmaceutical companies to opt out of Food and Drug Administration testing requirements and to use alternative organizations to certify product safety and efficacy and ● allow individuals the freedom to use any non-FDA-approved product.


Who benefits from a country without an FDA?

So who actually sits on the board of directors of the CATO institute:

You want a cabal of bankers? They're right here.

K. Tucker Anderson - a retired portfolio manager and security analyst and the sole proprietor of the consulting firm Above All Advisors, LLC.
http://www.brookventure.com/brook-team/advisors/k-tucker-and...

Richard Dennis - a commodities speculator once known as the "Prince of the Pit", When a futures trading fund under his management incurred significant losses in the stock market crash of 1987 he retired from trading for several years.

Robert A. Levy - Before becoming a lawyer, he was the founder and CEO of CDA Investment Technologies, a Maryland based financial research firm

John C. Malone - a leading businessman in the telecommunications and media industries, best known for his 24 years as CEO of the cable and media giant Tele-Communications Inc. (TCI). Malone is now the chairman of Liberty Media and CEO of Discovery Holding Company.

The 204th richest American, according to Forbes Magazine.

They're living the American Dream alright. You think they want you in it?

'Smaller government' just means 'the filthy rich can make more money, without anyone to police them.' These plutocrats would have no government and private police forces if they could.

You think they're gonna invite you into their high-walled castles to share in the security that money bestows? Not likely.

These fatcats spend alot of cash on campaigns like this. They pay alot of money to propaganda companies ('PR firms').

Why would you sell yourself so cheap?
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[*] posted on 16-8-2011 at 11:46


Good points.
The conclusion I draw from them is that wealty elites are impossible to avoid as long as you have money around.

Just because the makers of that video align themselves with people who have some questionable views on certain scientific issues does not make the message less true. While I do think global warming must be dealt with now, do you really think we actually could have a noticable effect on climate change trends in the next 50 years??

You think the EPA and FDA are actually functional organizations? That is almost laughable. Maybe from across the ocean it looks that way, but here in the states, it is quite the oposite. They never said "get rid of regulatory organizations" just that there should be alternatives developed, because the ones we have are disfunctional.

204th richest? Come on... why don't you tell us where the owners of the FED lie on that scale? A couple semi rich guys at an institute are nothing beside the world banking system.

Of course the principle of "the rich get richer" will not stop working with smaller government. The options are: the rich getting far richer off your taxes, your mortgage, and your credit cards, along with a highly wasteful and controlling government, or the rich getting richer off your purchase of goods and services as they always have, and a small, only moderately wasteful government..

I don't want anyone to invite me anywhere. I want to live without having to deal with a country full of 100 million desperate starving bastards willing to kill me and my family for our food. Or alternatively 200 million of them quickly electing an extremist that looses the nuclear demons.. Remember what Germany did after their currency collapsed? What if they had a nuclear arsenal in 1930?

Since its begining there have been people who were able to see the bigger picture and realize where we are headed. Here is a small sample:

"This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President [Wilson] signs this bill, the invisible government of the monetary power will be legalized.... the worst legislative crime of the ages is perpetrated by this banking and currency bill."
Congressman Charles A. Lindbergh, Sr. , 1913

"Some people think the Federal Reserve Banks are the United States government's institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers"
Congressional Record 12595-12603 -- Louis T. McFadden, Chairman of the Committee on Banking and Currency (12 years) June 10, 1932

"The Federal Reserve banks are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the International bankers" Congressman Louis T. McFadden (R-Pa)

"From now on, depressions will be scientifically created."
Congressman Charles A. Lindbergh Sr.

"A great industrial nation is controlled by its system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world--no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men."
President Woodrow Wilson

"We are completely dependant on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon."
Robert H. Hamphill, Atlanta Federal Reserve Bank

"I have never seen more Senators express discontent with their jobs....I think the major cause is that, deep down in our hearts, we have been accomplices in doing something terrible and unforgiveable to our wonderful country. Deep down in our heart, we know that we have given our children a legacy of bankruptcy. We have defrauded our country to get ourselves elected."
John Danforth (R-Mo)

"To expose a 15 Trillion dollar ripoff of the American people by the stockholders of the 1000 largest corporations over the last 100 years will be a tall order of business."
Buckminster Fuller


"The colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction. The inability of the colonists to get power to issue their own money permanently out of the hands of George III and the international bankers was the PRIME reason for the Revolutionary War."
Benjamin Franklin's autobiography

Still think it's all a conspiracy theory?

The second time we pissed off the bankers and shut down their first central bank, they started the war of 1812, which eventually forced the creation of the second central bank. Then Andrew Jackson had to fight to kill it. His last words on his death bead were "I killed the bank..."

They finally wised up enough to realize that the people had to see the central bank as part of the government. So they called the third attempt the Federal Reserve. And it worked...

I'm not religious, but even I will agree that Jesus was big on the whole love and peace thing. You know the only time he was ever recorded to use violence? When he walked into that temple and saw it filled with "money changers," he flipped shit, literally and figuratively.

The internet is now our last and best chance to put a stop to this. No other way of communication has ever been so fast and decentralized.

@ gregxy That's what I used to think too. You have made the fatal mistake of taking government supplied numbers at face falue. When no one questions them why should they give us the truth? The truth is that the national debt you cite is not calculated the same way as a corporation or individual's debt.
http://dailybail.com/home/chart-shock-the-real-national-debt...

[Edited on 16-8-2011 by 497]
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[*] posted on 16-8-2011 at 11:53


Its kind of interesting to look at the numbers:

Nat. debt 14e12
Nat. deficit 1.2e12
Nat budget 3.3e12
GDP 14e12
Interest in debt 0.2e12 -> 6% of budget.
HGDP 5.2e12 house-hold GDP 114e6 homes x $46K
Int Rate 1.4%

An old rule of thumb for buying a house was not to finance
more than 3X your income. Using, the HGDP which
is more conservative than the GDP we are at that
point now, however the government enjoys a much lower
interest rate than the average home buyer. It looks
to me like we could go on with deficit spending for a few more years. (the numbers came from various websites,
hopefully that are correct and consistent).
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[*] posted on 16-8-2011 at 12:11


One does not have to be smart to to understand that when
you take away cheap oil from a economic paradigm build
and maintained with exponentially growing flows of cheap
oil the paradigm will go out the window.
By and large i think humanity's response will be
somewhat emotional like :



with all the consequences.




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[*] posted on 16-8-2011 at 14:25



If all the economists in the world were laid end to end, they would not reach a conclusion.:D

Lack of money is the root of all evil.

[Edited on 16-8-2011 by dann2]
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[*] posted on 16-8-2011 at 14:45


All that cheap oil and the multitude of goods were only cheap because they were bought with borrowed pretend money. None of it could have existed if banks hadn't been loaning out 10 times the money they were taking in. Look up fractional reserve banking. The poorer 95% of humanity is about to pay the price if they don't choose to stop it. Waiting till things are worse is exactly they want us to do.

We're about to see where letting the economists do the thinking gets us.
Too bad the more money there is, the less 95% of us have...




A word to the wise: NEUROFEEDBACK

http://citizenworks.org/corp/dg/s2r1.pdf
http://www.newscientist.com/mobile/article/mg21228354.500-re...
http://www.shadowstats.com/article/no-414-hyperinflation-spe...

"To expose a 15 Trillion dollar ripoff of the American people by the stockholders of the 1000 largest corporations over the last 100 years will be a tall order of business."
Buckminster Fuller

"No problem can be solved from the same level of consciousness that created it."
Albert Einstein
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[*] posted on 16-8-2011 at 19:01


A note re the quotes regarding banking regulation is the U.S. http://en.wikipedia.org/wiki/List_of_recessions_in_the_Unite...

Looks like there were much worse economic swings before 19314 than post 1940 (the Great Depression had world -wide factors, the FDIC was created during it, and addition regulations were enacted) Note that the Recession of 1937, often buried in the Great Depression, came about after a series of budget-balancing belt tightening. There's plenty of historical economic collapses (tulips anyone?) that happened before any real regulation of banking and similar activities.



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[*] posted on 16-8-2011 at 21:56


The last thing that the rich and powerful would want to see would be a collapse of the economic system. They are the ones with the most to lose!

Biological and economic systems have positive feedback and are inherently unstable.
Left to themselves they go through boom and bust cycles. The government is supposed to try and stabilize this by applying negative feedback. When the economy is going well, take in more money, build up a surplus and save it for a rainy day. When the economy is slow spend money and run up debt.

The problem is that spending money is too much fun. Now the debt is getting too high. However no one wants to give up a slice of their pie. (Except Warren Buffet). So the congress men will "play chicken" and see who gives in first.

The other danger is that American workers perform fewer and fewer "essential functions". Pretty much all we do any more is figure out clever ways to skim money as we transfer it from one pile to another.

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[*] posted on 16-8-2011 at 22:19


Economic growth implies population growth, infrastructural growth, more demand on resources while the planet is only yay big. This is the huge elephant on the couch next to us that nobody mentions, at some point this organic growth will hit it's ceiling and economies will have to run very differently, not yet, but something for future generations to bear in mind.

The 95% is making the 5% shit themselves about now, if not, soon, and shit has a funny way of sorting itself out.

Europe is a bigger problem IMO, the day European countries adopted the euro as their currency was the day their fate was decided. It is against the laws of nature to have a top performing economy, eg, Germany, permanently bailing out bad performers, eg, Greece, in order to save the euro. Something's going to snap and history does not bode well for Europe, both world wars started in it's midst.

For arguments sake if I was given a choice to go save the American or European economy, I'd go for America without thinking twice.




We salute the improvement of the human genome by honoring those who remove themselves from it.
Of necessity, this honor is generally bestowed posthumously. - www.darwinawards.com
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[*] posted on 17-8-2011 at 11:58


Quote:
The last thing that the rich and powerful would want to see would be a collapse of the economic system. They are the ones with the most to
lose!


This is a very common (and probably intentionally fostered) misconception. Look up how the rich and powerful fared during the great depression or almost any other economic instability for that matter. They weren't affected at all, many actually gained power off of the desperation of others. The more starving desperate people there are, the more willing everyone is to elect anyone who promises salvation, but delivers further slavery/destruction. I've already adressed that somewhat in my above posts. Read the quotes again.

You are right if the economic collapse was complete and permanent, but that will not happen anytime soon, and that is not what I'm trying to say will happen. It will be a massive but temporary event. Do you really think they haven't seen it coming (even if they didn't cause it)? Do you really think they're not capable of stockpiling everything they need to live near their current standard of living for the next 50 years?

Yes, it is a boom and bust system. Unfortunately this boom has been an order of magnitude past anything we have experienced before. So that should give you some insigt into what the bust is about to look like. I'm of the opinion that simple awareness of the cycle and will to change it could greatly attenuate, if not eliminate, the cycle. The technology to do so has only very recently appeared though. We are still going along with the ancient attitude of acceptance of the cycle. We will regret it.

People are in denial. They keep thinking "oh no, they could never do that to us, they could never be that evil!" Guess what happened to the European Jews with that attitude? They got slaughtered. The ones that were able to get past their gut emotional response and see things objectively got the hell out and survived. We are approaching quite a similar situation, only the outside power won't slaughter us, they'll let us slaughter ourselves. I am not afraid for my life, I'm prepared. I am doing this so that after it happens, I can have a clean conscience knowing that I tried to stop it the best way I knew how... it is up to you now.

Froot, you're definitely right about the overpopulation..
To transition to an economy not based on expansion is exactly what we need now. The few people who benifit most from the expansion based economy have realized that hunanity is nearing the ability to exist without it (and without them). They are about to put and end to that possibility.

    "History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance."
James Madison

"The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class."
Rothschild Brothers of London, 1863

"It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
Henry Ford




A word to the wise: NEUROFEEDBACK

http://citizenworks.org/corp/dg/s2r1.pdf
http://www.newscientist.com/mobile/article/mg21228354.500-re...
http://www.shadowstats.com/article/no-414-hyperinflation-spe...

"To expose a 15 Trillion dollar ripoff of the American people by the stockholders of the 1000 largest corporations over the last 100 years will be a tall order of business."
Buckminster Fuller

"No problem can be solved from the same level of consciousness that created it."
Albert Einstein
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[*] posted on 17-8-2011 at 16:19


US prints money like hell to pay their bills and the banksters behind FED ( the oligarcs) will go to war as usually. They already running several wars today as everybody know, the peace war price nobel winner Obama will possible start up the ground invation of Libya soon.
Much terrorism as pretext to invade MENA countries is a possible scenario. The pyramide game in the currency system is over for this time! Have to be resetet with a big war !
The finance oligarcs wants power they do not care about money at all, they printit ! One new or several new currencys will be ready as the sheeps bagging for it while they are starving.
Internet is the only hope to defeat the banksters.


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[*] posted on 17-8-2011 at 16:35


Quote: Originally posted by KemiRockarFett  

Internet is the only hope to defeat the banksters.


Nonsence.
It's time to get out the pitch forks and torches!

Dann2
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[*] posted on 17-8-2011 at 17:10


Ummmm... Weren't a bunch of those Jews that were slaughtered in Europe bankers? Looks like the conspiracy didn't work out quite like they planned.
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[*] posted on 17-8-2011 at 17:34


The ones with power were long gone by the time it started. As always the powerless ones ended up getting fucked over.



A word to the wise: NEUROFEEDBACK

http://citizenworks.org/corp/dg/s2r1.pdf
http://www.newscientist.com/mobile/article/mg21228354.500-re...
http://www.shadowstats.com/article/no-414-hyperinflation-spe...

"To expose a 15 Trillion dollar ripoff of the American people by the stockholders of the 1000 largest corporations over the last 100 years will be a tall order of business."
Buckminster Fuller

"No problem can be solved from the same level of consciousness that created it."
Albert Einstein
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[*] posted on 18-8-2011 at 01:26


I think it's safe to say large parts of humanity have gone
completely bonkers.
It saddens me very much.




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[*] posted on 18-8-2011 at 05:26


http://www.youtube.com/watch?v=Jjv-MtGpj2U&feature=youtu...

Explains the global economic crisis simply in five minutes


Add to this that the FED is the private bankster cartell that will introduce Special Drawing Rights as an answer to the collapse.

First we will se a lot of more terrorism ( false flag attacks), riots, that the power structure uses to take control, as the sheeps asks their puppit governments for 1984 Orwell state.

My guess is a big event that will be blaimed on Gadaffi soon as pretext to invade with ground forces.

When economy colapses ---> WAR !



[Edited on 18-8-2011 by KemiRockarFett]
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[*] posted on 18-8-2011 at 14:33



What do you call one thousand bankers at the bottom of the sea?

A good start.
:D
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[*] posted on 18-8-2011 at 17:39
I think this belongs here


Charley Reese's final column for the Orlando Sentinel...
He has been a journalist for 49 years.
He is retiring and this is HIS LAST COLUMN.


545 vs. 300,000,000 People
- By Charlie Reese

Politicians are the only people in the world who create problems and then campaign against them.

Have you ever wondered, if both the Democrats and the Republicans are against deficits, WHY do we have deficits?

Have you ever wondered, if all the politicians are against inflation and high taxes, WHY do we have inflation and high taxes?

You and I don't propose a federal budget. The President does.

You and I don't have the Constitutional authority to vote on appropriations. The House of Representatives does.

You and I don't write the tax code, Congress does.

You and I don't set fiscal policy, Congress does.

You and I don't control monetary policy, the Federal Reserve Bank does.

One hundred senators, 435 congressmen, one President, and nine Supreme Court justices equates to 545 human beings out
of the 300 million are directly, legally, morally, and individually responsible for the domestic problems that plague this country.

I excluded the members of the Federal Reserve Board because that problem was created by the Congress . In 1913,
Congress delegated its Constitutional duty to provide a sound currency to a federally chartered, but private, central bank.

I excluded all the special interests and lobbyists for a sound reason. They have no legal authority. They have no ability to
coerce a senator, a congressman, or a President to do one cotton-picking thing. I don't care if they offer a politician $1 million
dollars in cash. The politician has the power to accept or reject it. No matter what the lobbyist promises, it is the legislator's
responsibility to determine how he votes.

Those 545 human beings spend much of their energy convincing you that what they did is not their fault. They cooperate in
this common con regardless of party.

What separates a politician from a normal human being is an excessive amount of gall. No normal human being would have
the gall of a Speaker, who stood up and criticized the President for creating deficits. The President can only propose a budget.
He cannot force the Congress to accept it.

The Constitution, which is the supreme law of the land, gives sole responsibility to the House of Representatives for originating
and approving appropriations and taxes. Who is the speaker of the House? John Boehner. He is the leader of the majority
party. He and fellow House members, not the President, can approve any budget they want. If the President vetoes it, they
can pass it over his veto if they agree to.

It seems inconceivable to me that a nation of 300 million cannot replace 545 people who stand convicted -- by present facts
-- of incompetence and irresponsibility. I can't think of a single domestic problem that is not traceable directly to those 545
people. When you fully grasp the plain truth that 545 people exercise the power of the federal government, then it must
follow that what exists is what they want to exist.

If the tax code is unfair, it's because they want it unfair.

If the budget is in the red, it's because they want it in the red.

If the Army & Marines are in Iraq and Afghanistan it's because they want them in Iraq and Afghanistan ...

If they do not receive social security but are on an elite retirement plan not available to the people, it's because they want it
that way.

There are no insoluble government problems.

Do not let these 545 people shift the blame to bureaucrats, whom they hire and whose jobs they can abolish; to lobbyists,
whose gifts and advice they can reject; to regulators, to whom they give the power to regulate and from whom they can
take this power. Above all, do not let them con you into the belief that there exists disembodied mystical forces like "the
economy," "inflation," or "politics" that prevent them from doing what they take an oath to do.

Those 545 people, and they alone, are responsible.

They, and they alone, have the power.

They, and they alone, should be held accountable by the people who are their bosses.

Provided the voters have the gumption to manage their own employees...

What you do with this article now that you have read it... is up to you.
This might be funny if it weren't so true.
Be sure to read all the way to the end:

Tax his land,
Tax his bed,
Tax the table,
At which he's fed.

Tax his tractor,
Tax his mule,
Teach him taxes
Are the rule.

Tax his work,
Tax his pay,
He works for
peanuts anyway!

Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat.

Tax his ties,
Tax his shirt,
Tax his work,
Tax his dirt.

Tax his tobacco,
Tax his drink,
Tax him if he
Tries to think.

Tax his cigars,
Tax his beers,
If he cries
Tax his tears.

Tax his car,
Tax his gas,
Find other ways
To tax his ass.

Tax all he has
Then let him know
That you won't be done
Till he has no dough.

When he screams and hollers;
Then tax him some more,
Tax him till
He's good and sore.

Then tax his coffin,
Tax his grave,
Tax the sod in
Which he's laid...

Put these words
Upon his tomb,
'Taxes drove me
to my doom...'

When he's gone,
Do not relax,
Its time to apply
The inheritance tax.

Accounts Receivable Tax
Building Permit Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Excise Taxes
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax (currently 44.75 cents per gallon)
Gross Receipts Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Personal Property Tax
Property Tax
Real Estate Tax
Service Charge Tax
Social Security Tax
Road Usage Tax
Recreational Vehicle Tax
Sales Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal Universal Service Fee Tax
Telephone Federal, State and Local Surcharge Taxes
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Nonrecurring Charges Tax
Telephone State and Local Tax
Telephone Usage Charge Tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax


STILL THINK THIS IS FUNNY?
Not one of these taxes existed 100 years ago, & our nation was the most prosperous in the world.
We had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids.

What in the heck happened? Can you spell 'politicians?'

I hope this goes around THE USA at least 545 times!!!

GO AHEAD. . . BE AN AMERICAN!!!

.
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gregxy
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[*] posted on 18-8-2011 at 22:34


The economy is becoming strained, but the interest on the debt is only 6%
of the federal budget. If the deficit grows at the current rate for another
7 years the debt would double, and the interest on the debt would be 12% which
is still payable. The deficit is currently very large because the economy is in recession, ...hopefully... it will improve.

Saying it is all the bankers and politicians fault is irresponsible. The bankers should
not have made loans to people that could not pay them back, but the borrowers should not have taken the loans either.

The "elite" don't want the economy to fail, the money they have made would be worthless and they might get shot! The masses are now becoming aware of the risk so maybe some progress will be made. Medicare and social security benefits need to be reduced. We need to get out of Afghanistan and Iraq. Americans should stop wasting energy and buy more American made products. Taxes on those making over $1M should go up. Legalize pot and tax the sales. Stop exporting jobs and technology. No foreign aid to places like Pakistan.

I'm done with my rant.

For those that fear the worst, what is the recommended course of action? Buy gold & guns and move to Montana? Any more creative suggestions?



[Edited on 19-8-2011 by gregxy]
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IrC
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[*] posted on 18-8-2011 at 23:04


"The deficit is currently very large because the economy is in recession, ...hopefully... it will improve."

I do not agree. The reason is corrupt politicians are madly spending endless sums giving it to those who will not work and earn it, in hopes of creating a self sustaining power base for themselves. Vote for me you can watch TV and play all day while I rob the hard workers to give you your freebies.

"The bankers should not have made loans to people that could not pay them back"

You need to study more. Records exist proving these bankers were forced to make these loans, by laws made by the politicians I mentioned above, for the reasons mentioned above.


[Edited on 8-19-2011 by IrC]




"Science is the belief in the ignorance of the experts" Richard Feynman
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franklyn
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[*] posted on 4-9-2011 at 02:43
BLACK SEPTEMBER



N O . J O K E , FINANCIAL CATACLYSM COMING

This is no time to be diversified , if you have not liquidated securities into cash assets
expect to watch their valuation depreciate and your net worth with it. The same severe
drop that occured to U.S. real estate prices is about to happen to the stock market.
The forecasted double dip economic down turn has already begun. The smart money is
waiting on hand to buy up shares at fire sale prices. It's not too late to sell out and even
at some loss the benefit will be the much cheaper prices looming just ahead. This only
happens a few times in a lifetime. Friday August 12th , Spain, Italy, Belgium and France
stopped the " short " selling of stocks to impede a possible market crash. This is the
equivalent of banks freezing accounts to prevent a " run " on banks. It's 1929 again.
www.huffingtonpost.com/2011/08/11/short-sales-ban-italy-fran...
www.investmenteurope.net/investment-europe/news/2104729/exte...

http://seekingalpha.com/article/290210-7-reasons-this-septem...
http://seekingalpha.com/article/291405-even-goldman-sachs-no...

Before the crash in August 2008 , Citibank stock slide from $ 55 dollars in May 2007
down to one dollar in March 2008. The opportunity to double or even treble your money
in a few months existed if it had been bought promptly then. After three weeks by April
it had begun recovering to over three dollars , reaching five dollars August 2008.
www.google.com/finance?q=NYSE%3AC# ( select the 5 year chart )
Having lost the opportunity to buy it really low I stayed out since there wasn't much
more gain in sight. When a stock is unusually low it can't go much lower so risk is low
and the upside is a given. It is astonishing to me that one of the premier banks of the
world recently traded as a penny stock. The consolidation of 10 shares for one in May
2011 returned the price to something like it had been four years ago. But at it's current
valuation of less than $ 30 it's the same as it was back in April of 2008. It won't see
$10 again but it could be in the teens before the end of the year and I will be buying.
It may take two years or more but the potential to multiply your purchase is there ,
just remember what goes up will come down so get in and get out with your profit.

Buying stocks online is now easier than ever. Netherlands ING Direct is incorporated in
most major countries and offers really cheap brokerage , note this is not for " day traders "
( if you want to buy and sell within minutes in the same day )
www.sharebuilder.com/sharebuilder/default.aspx
Is being purchased by Capitol One which is expanding , a good buy itself when it drops again.
www.reuters.com/finance/stocks/ING/key-developments/article/...
www.reuters.com/finance/stocks/COF/key-developments/article/...
It traded at $ 80 dollars in June 2007 sliding down to $ 8 in March 2008 just as Citibank did.
www.google.com/finance?q=NYSE%3ACOF# ( select the 5 year chart )

For a secure long term buy and hold stock you really can't do badly with General Electric
Participating in the emerging " cloud computing " industry you might want to try the
newest exchange traded Fund SKYY www.google.com/finance?q=NASDAQ%3ASKYY#
This is rather long winded but explains the potential of " cloud computing " in detail
www.fool.com/fool/free-report/15/rbbillgates-audio0311-96980...
Get that report here
http://printfu.org/read/the-motley-fool-rule-breakers-specia...

Visually portraying what has occured and is about to happen , is the price chart of
EMC corp. www.google.com/finance?q=NYSE%3AEMC# ( select the 5 year chart )
which was priced at ~ $ 10 dollars early in 2009 , rose regularly over the next 2 years
and now in August abruptly turned down. The same down turn that has affected all but
a very few stocks or funds mainly in gold.
Ah yes gold , the cries of " we buy gold " are heard on nearly every street these days.
I 've seen this before. I bought gold through a Swiss bank when it was climbing for the
sky back in 1979 , it peaked a few months later in January 1980 at $ 850 dollars , 20
percent over what I had paid , steadily declining to finish under $ 400 at years end.
Over the next 20 years it reached it's low of ~ $ 252 in 1999. It took another nine
years until 2008 to return to $ 850. The same money in a bond or some such paying
just 5 percent simple interest compounded would have quadrupled in the last 30 years.
( By the rule of 78 , divide 78 by the interest rate to determine the years it would take
to double ~ 15.7 ). Stock and gold prices tend to move in opposite directions. If you
have the nerve you may want to make some gains with gold before acquiring stocks
but beware it can drop faster than it ascends. Gold's price leads it's actual value by up
to two years and continues rising , which is why it may already have reached it's long
term value. I have a sense it will repeat in January the events of 30 years ago.
http://seekingalpha.com/article/291328-gold-is-worth-700-but...
www.usagold.com/reference/prices/history.html

Good Luck.


BLACK SEPTEMBER

Threats From The US: Ongoing US Stimulus, Debt Issues

September 21st- Fed Meeting Widely Anticipated To Bring New
Stimulus: With global growth slowing the big hope for risk assets is
additional stimulus. A decisively pro or anti stimulus stance from the
Fed could easily send markets on a new rally or on the next leg down
of the bear market that began in 2007.

Throughout the week leading up to the Jackson Hole symposium,
markets gyrated with sentiment about whether there would be new stimulus
announced to support asset prices. The belief remains that the Fed will do
something, only now announcement of that something has been deferred
to the September 21st Fed meeting, which has been extended an extra day,
prompting speculation that this will be the time new measures are announced.
However, anything that remotely suggests additional deficit spending could
spark another paralyzing battle in Congress.

September 30th Deadline To Pass US Budget In Congress:
If there is no US debt crisis in the wake of the Fed meeting, this coming
budget battle could easily become a congressional catfight that reveals
political deadlock, paralysis, and undermines the belief in Washington’s
ability to deal responsibly and decisively with its deficits.

1) A modified form of the 1960s Operation Twist, in which the Fed sells
its short-term securities and buys longer-term in an effort to drive down
long-term interest rates and spur investment; 2) Eliminating the interest
it pays on reserves, spurring banks to start lending again; 3) an outright
series of asset purchases, such as the $600 billion in Treasurys it bought
during QE2; 4) Inflation targeting, where it would keep rates low as long
as inflation stays within parameters the FOMC feels are manageable.

The latter option is becoming more problematic since headline inflation as
expressed in the consumer price index , which includes volatile food and
energy costs, rose to 3.6 percent annualized over the past month.

Investors "expect the Fed to lengthen the maturity distribution of its
portfolio ('Operation Twist') by reinvesting the proceeds from portfolio
paydowns in longer-dated Treasuries," Anurag Bhardwaj, credit strategist
at Bank of America Merrill Lynch, said in a research note. "The risk-reward
to further asset purchases (QE3), cutting interest on excess reserves, and
targeting a yield level is not favorable, and hence probability of these actions
is low."

The time schedule of further easing is one of the most pressing questions.
The Fed has probably overstated GDP growth ahead, meaning another round
of easing, probably in the form of reinvesting proceeds from mortgage-backed
securities, will be essential. The likely size of the operation will equal the $600
billion from QE2.

"A more radical approach is unlikely unless the economy and/or the financial
markets perform substantially worse than we are forecasting,"

Despite the emerging consensus about Fed action, more monetary easing
the housing market continues to linger at Depression-era levels despite $1.6
trillion in excess reserves that banks have refused to lend. Eliminating the
interest paid on those reserves would be one way to get banks to start
lending again. "Not only will more QE not work, it's going to further exacerbate
the condition of stagflation, which we already have,"

The Fed is forced into a position where it has to keep interest rates low so the
government can finance its $1.5 trillion budget deficit and a debt level more than
10 times that much.
__________________________________________________________

The peak rate of growth for the world's economy occurred more than 12
months ago, recession is the most likely scenario. I would say it is 65 percent,
75 percent certain.” Europe is in, “absolutely desperate trouble”
__________________________________________________________

A 15-day short-selling ban, was implemented on Friday. Regulators hope that
the ban on short-selling in France, Italy, Spain and Belgium will reduce speculative
action and curb the aggressive sell-offs that have hit markets over the past week.
European markets turned bearish on Thursday as they struggled to shrug off
rumors circulating around banks and sovereigns, despite strident denials from
chief executives and rating agencies.
Fnance and budget ministers one week to come up with new measures to cut
France's crippling debt burden as concerns mount over prospects for growth
and the country's ability to meet its deficit reduction targets.
There is a "fragility" of confidence in French debt amid the current market turmoil,
due to a lack of detail on how the government intended to implement cost savings
over the next three to five years.


“The market is now in the process of thinking through the implications of
Germany and France putting their balance sheets on the line to save the euro,"
"This looks to be the end game that we are heading towards, and hence the
(credit-default swaps) for these two countries are rising. Because of the fiscal
strain of saving Italy and Spain, France and Germany will have to run their
government budgets tighter than they would otherwise, which is negative for
their economic growth outlooks.

"Confidence in all matters European is extremely low," at the moment and until
it returns, markets will be vulnerable to fear and speculation.
_________________________________________________________

DISCLOSURE/DISCLAIMER: THE ABOVE IS FOR INFORMATIONAL PURPOSES ONLY,
RESPONSIBILITY FOR ALL TRADING DECISIONS LIES SOLELY WITH THE READER.
IF WE REALLY KNEW WHAT WOULD HAPPEN, WE WOULDN’T BE TELLING YOU FOR FREE,
NOW WOULD WE?

.
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497
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[*] posted on 4-9-2011 at 18:33


So in the spirit of home chemistry, what chemicals and supplies do you think would be highest priority to acquire if you knew that it would soon be extremely difficult if not impossible to get any of it in the near future?

I'd love to hear anyone's ideas about how chemistry could be used at home before, during or after a major economic crisis/collapse to help the chemist and their family survive the resulting chaos.




A word to the wise: NEUROFEEDBACK

http://citizenworks.org/corp/dg/s2r1.pdf
http://www.newscientist.com/mobile/article/mg21228354.500-re...
http://www.shadowstats.com/article/no-414-hyperinflation-spe...

"To expose a 15 Trillion dollar ripoff of the American people by the stockholders of the 1000 largest corporations over the last 100 years will be a tall order of business."
Buckminster Fuller

"No problem can be solved from the same level of consciousness that created it."
Albert Einstein
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gregxy
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[*] posted on 5-9-2011 at 22:36


It depends on how bad you think the collapse would be...

It would take a total collapse to shut down basic industries since their products
would still be needed and in demand. The problem isn't production of
essential items, it is an excess of people with non-essential skills.


Important drugs (the ones people need to stay alive and are hard to produce)
might be a good choice. The illegal ones might drop in value.

Iodine or other chems for water purification or detection of contaminants?

There are quite a few precious metals, but the ones other than gold and sliver
might lose their value since the main uses are in industry.

I was taking to the guys that work at the shooting range last weekend. They
said there were twice as many shooters this year as the year before, I wonder
if it is related?



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crazyboy
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[*] posted on 5-9-2011 at 22:50


The gold standard is pointless, the price of gold is nearly as speculative as any stock or currency, unless you need a gold cap or a wedding band. Bismuth occurs at 8.5 parts per billion on earth, gold at 4 part per billion, a measly 4.5 parts per billion difference ~47% less abundant. Yet gold costs $30,590/Kg and bismuth $15.40/Kg. Gold is 1,986 times as valuable as bismuth even though it's only half as rare. Tell me how that makes sense.





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