The Federal Reserve is Engineering the Economic Collapse
To most Americans, the Federal Reserve is just another name on their dollar bill. They don’t know that this secretive private bank controls America’s entire economic system. The Federal Reserve is no more federal than Federal Express. Created with no constitutional authority in 1913, the Fed prints money out of thin air and loans it to the U.S. treasury at interest. This can only lead to one outcome: debt. Currently, the Federal Reserve is printing billions of dollars to bail out Wall Street while destroying the middle class and the dollar. If our country wants a sound and transparent monetary system, we need to phase out the Federal Reserve system giving power back to the U.S. treasury.
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http://www.campaignforliberty.com/
Duration : 0:7:12
Is the USA doomed to collapse?
Since the economy began sliding downhill in late 2007, mainstream economic and market experts have consistently erred on the sunny side.
As late as June 2008, mainstream consensus held that the U.S. was heading for a “soft landing” and would avoid recession. Several months later, the slump was acknowledged to have started in January 2008, but we were supposed to see renewed growth by mid-2009, with unemployment peaking in the eight-to-nine percent range. A quick “shovel-ready” stimulus bag was supposed to set us back on the road to prosperity.
In January, recovery projections were pushed forward to late 2009. Today, the consensus is for a mid-2010 recovery, with unemployment peaking at just over 10 percent. Clearly, the mainstream has struggled to catch up to reality for well over one year. What are the chances that they finally have it right this time?
Moreover, the mainstream continues to see what is going on as a plain-vanilla recession that will be quelled with some on-the-fly monetary and fiscal tinkering. Washington, we are told, will pull us out of this slump—as soon as the masses can be enticed back to the shopping malls. Then things will return to how they were before. But what if the experts and politicians are wrong not only on their ever-changing recovery timeline, but also on the nature—nay, the very existence—of a recovery?
almost,however,lots of the public is waking up.only time will tell…..
Warning! GLD & SLV ETFs
http://www.drschoon.com
http://www.survivethecrisis.com
Darryl Robert Schoon discusses investment in precious metal ETFs in light of the current crisis. They are temporary hedges at best against monetary collapse.
Duration : 0:3:58
Do I get extra credit? I mean, I saw through the charade years ago?
I figured out that George and the Bush league weren’t real conservatives years ago, and I parted ways. All my other Republican friends called me a traitor. Now, suddenly, after it’s too late, they’re all waking up. Different things are waking them up…the wild spending sprees; the endless undeclared war; the penchant for nation-building even before we’ve built one; the utter cave-in on illegal immigration; the inflationary monetary policy and collapse of the dollar…
For me, it was the Patriot Act. Guys, sometimes you have to read this stuff. It’s all there in black and white. Every bit as scary as Al Gore’s "Earth in the Balance". It relieves us of any freedoms we ever thought we had. Today, this act gives government authority to investigate our reading habits, religious beliefs, travel plans, financial transactions and medical records, all without evidence or just cause. How does that fit with any conservative plan this side of Stalin?
Heather, I not only WAS a Republican, I still AM a Republican. I’m not the one who left. Bush is the one who is way off target. Some of us are still here trying to hold the fort, and hoping we can find a candidate who will uphold the Constitution next time!
Congratulations. It took me until this farce of an immigration bill to reach the conclusion you did years ago.
Would you go quietly in the night?
If, for whatever reason, a terrorist attack or a collapse of our monetary system , whatever the reason…If you and your family were ordered
out of your house and into an internment camp?
Would you go without a fight?
This is a tough call…I realize this is all hypothetical and hopefully none of us will ever have to face this decision…
I can’t imagine what I’d do…I guess as long as your alive there is hope, but if you are separated which is probably the way it would go down, it’d be hard not to resist…
That’s a tough one. Often we say we will do one thing and react completely differently if the situation arises.
A lot would have to depend on our safety. If there was an attack for instance and for our safety, it would be better to leave our home, we might go with minimal resistance. If it was a case of rounding up people just because of our race or religion, then we would resist.
Ben Bernanke and the collapse of the dollar….
The inevitable collapse of the dollar.
Thanks Bush, Greenspan and Bernanke
Bernanke: There’s No Housing Bubble to Go Bust
http://www.washingtonpost.com/wp-dyn/content/article/2005/10/26/AR2005102602255.html
“The basic prescription for preventing deflation is straightforward, at least in principle: Use monetary and fiscal policy as needed to support aggregate spending, in a manner as nearly consistent as possible with full utilization of economic resources and low and stable inflation. In other words, the best way to get out of trouble is not to get into it in the first place.”
“The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand.. a drop in spending so severe that producers must cut prices on an ongoing basis in order to find buyers.”
“The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers.”
“A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it have on the broader U.S. economy? If Wall Street crashes, does Main Street follow? Not necessarily.”
Duration : 0:7:7