Filed under: Barack Obama, bernanke, Big Banks, China, Credit Crisis, death of u.s. economy, DEBT, deflation, devaluation, Dollar, dollar collapse, dollar dump, Economic Collapse, economic depression, Economy, economy collapse, Euro, Federal Reserve, fiat currency, food market, global economy, gold, gold standard, Great Depression, Greenback, housing market, hyperinflation, imf, Inflation, interest rate cuts, job market, latin america, liquidity, obama, Oppression, peter schiff, private banks, rate cut, silver, stock exchange, Stock Market, subprime, subprime lending, unemployment, US Economy, Wall Street, weimar republic, World Bank, Yen, Zimbabwe
Peter Schiff: Get out of the U.S. Dollar NOW
Filed under: Big Banks, Bill Maher, Congress, Credit Crisis, DEBT, deflation, Dollar, Economic Collapse, economic depression, Economy, Federal Reserve, global economy, gold, gold standard, Great Depression, Greenback, hyperinflation, Inflation, International Bankers, internationalist, internationalists, jekyll island, JFK, Media, morgans, private banks, Richard Belzer, silver, slavery, Stock Market, US Economy, US Treasury, Wall Street
Richard Belzer calls out Federal Reserve on HBO
Filed under: 9 11 truth, 9/11, 9/11 architects, 9/11 commission report, 9/11 engineers, 9/11 Explosions, 9/11 Firefighters, 9/11 Mysteries, 9/11 police, 9/11 Truth, 9/11 workers, AIA, charlie sheen, Controlled Demolition, end the fed, False Flag, Federal Reserve, first responders, Ground Zero, inside job, investigation, larry silverstein, Luke Rudkowski, nano thermite, New York, NYC CAN, Official 9/11 Story, Official 9/11 Theory, patriot movement, Police State, private bank, private banks, Protest, thermite, Truth Action, truth movement, van jones, We Are Change, World Trade Center, wtc-7, WTc7
9/11 Truth In New York – September 11th, 2009
Shaped Charges and the World Trade Center Collapses
World Architecture News: Explosives and Thermitic Material Brought Down Buildings on 9/11
Filed under: Argentina, Barack Obama, big bankers, Communism, Coup, Credit Crisis, DEBT, deflation, Dictatorship, Dollar, Economic Collapse, economic depression, Economy, Empire, Fascism, FDR, Federal Reserve, global economy, global elite, global government, Globalism, Great Depression, Greenback, hyperinflation, imf, Income Tax, income taxes, Inflation, interest rate cuts, internationalist, internationalists, manipulated economy, national socialist, Nazi, Neolibs, New World Order, obama, obama deception, private banks, rate cut, socialism, Stock Market, tax, taxes, Taxpayers, US Economy, Wall Street, White House, World Bank
Barack Obama accused of making ‘Depression’ mistakes
London Telegraph
September 7, 2009
History repeating itself? President Obama has been accused by some economists of making the same mistakes policymakers in the US made in the Great Depression, which followed the Wall Street crash of 1929.
His policies even have the potential to consign the US to a similar fate as Argentina, which suffered a painful and humiliating slide from first to Third World status last century, the paper says.
There are “troubling similarities” between the US President’s actions since taking office and those which in the 1930s sent the US and much of the world spiralling into the worst economic collapse in recorded history, says the new pamphlet, published by the Institute of Economic Affairs.
In particular, the authors, economists Charles Rowley of George Mason University and Nathanael Smith of the Locke Institute, claim that the White House’s plans to pour hundreds of billions of dollars of cash into the economy will undermine it in the long run. They say that by employing deficit spending and increased state intervention President Obama will ultimately hamper the long-term growth potential of the US economy and may risk delaying full economic recovery by several years.
The study represents a challenge to the widely held view that Keynesian fiscal policies helped the US recover from the Depression which started in the early 1930s. The authors say: “[Franklin D Roosevelt’s] interventionist policies and draconian tax increases delayed full economic recovery by several years by exacerbating a climate of pessimistic expectations that drove down private capital formation and household consumption to unprecedented lows.”
Although the authors support the Federal Reserve’s moves to slash interest rates to just above zero and embark on quantitative easing, pumping cash directly into the system, they warn that greater intervention could set the US back further. Rowley says: “It is also not impossible that the US will experience the kind of economic collapse from first to Third World status experienced by Argentina under the national-socialist governance of Juan Peron.”
The paper, which recommends that the US return to a more laissez-faire economic system rather than intervening further in activity, has been endorsed by Nobel laureate James Buchanan, who said: “We have learned some things from comparable experiences of the 1930s’ Great Depression, perhaps enough to reduce the severity of the current contraction. But we have made no progress toward putting limits on political leaders, who act out their natural proclivities without any basic understanding of what makes capitalism work.”
The authors of the pamphlet, Charles K. Rowley and Nathanael Smith, give their views.
Argentina’s Economic Collapse
Filed under: adam kokesh, audit the fed, bernanke, bloomberg, campaign for liberty, Credit Crisis, DEBT, deflation, Dollar, Economic Collapse, economic depression, Economy, end the fed, Federal Reserve, global economy, gold, Great Depression, Greenback, hr 1207, hyperinflation, Income Tax, Inflation, IRS, private banks, Russia, silver, Stock Market, tax, taxes, truth movement, US Economy, Wall Street
Adam Kokesh on Russia Today: Audit the Fed!
Filed under: alan grayson, audit the fed, Barack Obama, bernanke, bloomberg, campaign for liberty, Credit Crisis, DEBT, deflation, Dollar, Economic Collapse, economic depression, Economy, end the fed, fda, Federal Reserve, global economy, Great Depression, Greenback, hr 1207, hyperinflation, Income Tax, Inflation, IRS, Neolibs, obama, poll, private banks, Ron Paul, Stock Market, tarp, tax, taxes, truth movement, US Economy, Wall Street
Rasmussen Poll: 75% Favor Auditing The Fed
Rasmussen
July 29, 2009
So much for the ongoing secrecy of the nation’s independent central banking system. A new Rasmussen Reports national telephone survey finds that 75% of Americans favor auditing the Federal Reserve and making the results available to the public.
Just nine percent (9%) of adults think that’s a bad idea and oppose it. Fifteen percent (15%) aren’t sure.
Over half the members of the House now support a bill giving the Government Accounting Office, Congress’ investigative agency, the authorization to audit the books of the Federal Reserve Board.
Support for the bill has grown now that the Obama administration is proposing to give the Fed greater economic regulatory powers. The Fed which sets U.S. monetary policy was created as an independent agency to keep it free of politically-motivated interference.
Fed Chairman Ben Bernanke in a town forum filmed on Sunday which is airing this week on PBS stations said he is strongly opposed to the audit legislation. “I don’t think the American people want Congress running monetary policy,” he said. Howard Rich addressed this issue in a recent commentary and concluded it was important to locate the “trillions of dollars” the Fed has spent over the last year-and-a-half.
The new survey finds that an overwhelming majority of Americans in every demographic category – including age, gender, political affiliation, race and income – disagree with Bernanke and favor auditing the Fed to make its secretive deliberations public.
Gallup Poll: Americans turning against the Federal Reserve
Paul Joseph Watson
Prison Planet.com
July 28, 2009
As momentum builds for Ron Paul’s efforts to audit the Fed, a new Gallup poll shows that Americans are turning against the Federal Reserve, with just 30 per cent saying the agency is doing a good job.
35 per cent rate the job the Fed is doing as “only fair” and 22 per cent say it is doing a “poor” job.
The contrast compared with when the question was last asked in 2003 is clear. Six years ago, just 5 per cent thought the Fed was doing a “poor” job, while 53% thought it was doing a “good/excellent” job.
The Fed is bottom of the pile when compared to the ratings received by other agencies in the poll (we hesitate to call the Fed a “government agency” because it isn’t). The IRS and the FDA are the other two least popular agencies.
According to Gallup editor in chief Dr. Frank Newport, “Americans are blaming to some degree the actions or inactions of the Federal Reserve board” for the economic turmoil.
Increasing skepticism towards the role of the Federal Reserve arrives alongside efforts on behalf of Congressman Ron Paul to audit the Fed with his widely supported H.R.1207 bill.
The legislation would amend existing law to allow the Comptroller General to audit the Federal Reserve Board and its member banks.
Fed Chairman Ben Bernanke seems frightened to death at what might be revealed if the Federal Reserve were forced to open its books and has been busy scuttling around lying about the bill in order to try and shoot it down.
During an appearance on PBS NewsHour which will be aired later this week, Bernanke claims that the bill will hand Congress the power to run monetary policy in the United States.
However, as CBS News’ Declan McCullagh points out, it does nothing of the sort.
“This is an odd claim,” writes McCullagh. “If you read the bill (H.R.1207), it simply amends existing law to say “under regulations of the Comptroller General, the Comptroller General shall audit” the Federal Reserve Board and its member banks.”
Bernanke has proven that he will stoop to any level in order to try and sink the bill, which has the support of over half of the U.S. House of Representatives, even committing an act of economic terrorism last month when he threatened a collapse of the dollar and the entire financial system if the bill was passed.
One thing that an audit of the Fed might shed more light on is the destination of trillions of dollars in TARP funds, which the Federal Reserve refuses to disclose even after a lawsuit was filed by Bloomberg, as well as the destination of half a trillion dollars that was given to foreign banks.
During a hearing last week, Bernanke was confronted on the question of who received $500 million in credit swaps by Congressman Alan Grayson, to which Bernanke responded, “I don’t know.”
“Half a trillion dollars and you don’t know who got the money?” asked Grayson.
Filed under: 2-party system, 2008 Election, 9/11 Truth, Afghanistan, Barack Obama, Condoleezza Rice, Dollar, Economy, energy, False Flag, Federal Reserve, gas prices, global elite, gold, Greenback, hyperinflation, Inflation, Iraq, Israel, jihadist, John McCain, left right paradigm, middle east, mujahideen, nation building, neocons, Neolibs, obama, occupation, ohio, Oil, Petrol, private banks, Russia, silver, Soviet Union, State Sponsored Terrorism, Taliban, US Economy, War On Terror, We Are Change, zbigniew brzezinski
Rice: US would be safe under Obama
AFP
August 7, 2008
US Secretary of State Condoleezza Rice says the nation would be safe under a Barack Obama presidency and that she is ruling out a shot at the vice presidency under either Obama or Republican John McCain.
In an interview with Politico and Yahoo News released Thursday, Rice was asked if she would feel secure with a president Obama.
“Oh, the United States will be fine,” she responded. “I think that we are having an important debate about how we keep the country safe,” she said, pointing to the Middle East and Iraq.
Read Full Article Here
We Are Change Ohio Confronts Barack Obama
Obama: Inflate Your Tires
Filed under: Amero, Australia, bailout, Bank of America, Big Banks, BIS, Britain, Canada, China, Congress, corporations, corporatism, Costa Rica, David Rockefeller, Ecuador, energy, Eugenics, Euro, Europe, european union, exxon mobil, fannie mae, FDIC, Federal Reserve, food market, food prices, food shortage, freddie mac, gas prices, general motors, George Bush, Germany, global economy, global elite, global government, Globalism, gold, housing market, hyperinflation, India, indymac, International Bankers, internationalist, Iran, Japan, job market, liquidation, malthusian catastrophe, Martial Law, Mexico, middle class, mortgage companies, mortgage lenders, mugabe, nationalization, neocons, New World Order, North American Union, Oil, Patriot Act, Petrol, Police State, Population Control, Posse Comitatus, private banks, real estate, rockefeller, rothschild, shell, silver, South America, spain, Stephen Harper, subprime, subprime lending, Taxpayers, United Kingdom, Venezuela, wells fargo, Zimbabwe | Tags: Deutsche Bank, george green, k-mart, run on banks, sears, silver shortage, spanish bank, wells fargo
Stressed banks borrow record amount from Fed
Reuters
July 31, 2008
Banks borrowed a record amount of funds from the Federal Reserve in the latest week as the year old credit crisis took a persistent toll, while the commercial paper market continued to contract, signaling tough conditions for short term borrowers.
Banks’ primary credit borrowings averaged $17.45 billion per day in the latest week, the second straight week this had hit a record and up from $16.38 billion the previous week, Fed data showed on Thursday.
Zimbabwe Devalues Currency
AP
July 30, 2008
Zimbabwe will drop 10 zeros from its hyper-inflated currency — turning 10 billion dollars into one — the country’s reserve bank said Wednesday. President Robert Mugabe threatened a state of emergency if businesses profiteer from the country’s economic and political unraveling.
Shop shelves are empty and there are chronic shortages of everything including medication, food, fuel, power and water. Eighty percent of the work force is unemployed and many who do have jobs don’t earn enough to pay for bus fare.
Inverview with George Green – (7/16/2008)
http://www.politico.com/news/stories/0708/12166.html
Soaring energy bills set to push inflation to 16-year high
http://www.dailymail.co.uk/news/ar..set-push-inflation-16-year-high.html
GM Has $15.5 Billion Loss on U.S. Sales Drop, Leases
http://www.bloomberg.com/apps/news?pid=20601087&sid=agMEuJ_r_yxA&refer=worldwide
Venezuela to Nationalize Spanish Bank
http://english.cri.cn/2947/2008/08/01/1821s388058.htm
IndyMAC Files For Bankruptcy Protection
http://www.nytimes.com/2008..2&ref=business&oref=slogin&oref=slogin
Jobless Claims Up Highest In Five Years
http://www.wnbc.com/news/17049831/detail.html
Inflation Could Hit 6% By Fall?
http://economictimes.indiatimes.com..Economist/articleshow/3307499.cms
Deutsche Bank Writedowns Exceed $11 Billion
http://moneynews.com/financenews/bank_writedowns/2008/07/31/117802.html
Shell reports 33% rise in profit
http://www.iht.com/articles/2008/07/31/business/31shellNEW.php
Exxon posts record $11.68 billion profit
http://money.cnn.com/2008/07/31/news/.._profits/?postversion=2008073109
Britons Skipping Meals Due To Money Worries
http://www.money.co.uk/article/100..-meals-due-to-money-worries.htm
IMF Calls For N. African Economic Integration
Greenspan: Housing No Where Near Bottom
Economic Rebound Not As Energetic As Hoped
Biggest dive for commodities in 28 years
Filed under: Big Banks, central bank, Credit Crisis, DEBT, Economic Collapse, economic depression, Economy, Federal Reserve, gold, Great Depression, Greenback, housing market, Income Tax, Inflation, middle class, private banks, Ron Paul, Stock Market, subprime, subprime lending, Taxpayers, US Economy, us mint
Money As Debt
A must see animated documentary exposing the current monetary system
http://video.google.com/videoplay?docid=-9050474362583451279&hl=en-CA
Filed under: 2008 Election, California, Economic Collapse, economic depression, Economy, Federal Reserve, Founding Fathers, gold, GOP, Great Depression, Greenback, Income Tax, Inflation, Iraq, IRS, jim rogers, middle class, New Hampshire, private banks, republican primaries, Ron Paul, tonight show, US Economy
Ron Paul Gaining Ground In New Hampshire
New poll proves mainstream dismissal of congressman’s presidential campaign is foolhardy
Steve Watson
Infowars.net
October 29, 2007
A newly released presidential primary preference poll indicates that Ron Paul is gaining significant ground in New Hampshire and dispels the mainstream media myth that the Congressman is not amongst the top tier candidates.
The poll, conducted by St. Anselm College’s Institute of Politics, puts Ron Paul 4th behind Giuliani, McCain and Romney with 7.4 percent. It places Fred Thompson, touted as second favourite to take the GOP nomination, in 6th place.
The poll also shows that 40 percent describe themselves as “independents” who may vote Republican, and 19 percent who will, are still undecided. Ron Paul’s campaign staff are encouraged by these figures as they show that none of the other big name candidates have grasped the imagination of voters, leaving the door very much open for the Congressman.
Paul’s campaign office is about to embark on a major media blitz in New Hampshire, readying phone banks to call potential Ron Paul supporters throughout the state and major TV ads, such as the one below.
http://www.youtube.com/watch?v=ay4vXZWxeuU
Congressman Paul, who filed his declaration of candidacy to run in the New Hampshire presidential primary at the State house in Concord last week, is also scheduled to make an appearance on the Tonight Show with Jay Leno tomorrow night.
Recent poll results from public opinion service Rasmussen Reports also indicate that support for Ron Paul could be much higher nationwide, placing him above Giuliani in some instances.
“By all accounts, Dr. Paul’s support is rising steadily,” said Paul campaign chairman Kent Snyder. “Americans are ready for a change and his unifying message of freedom, peace and prosperity is bringing more people together every day.”
Ron Paul Interview on Economics
http://www.youtube.com/watch?v=Kz689NHcAKo
http://www.youtube.com/watch?v=L_B2STQuUXA
http://www.youtube.com/watch?v=52_SOeDVIQk
Jim Rogers Endorses Ron Paul
http://dailypaul.com/node/4817
Is San Francisco Ron Paul territory?
http://www.latimes.com/new…?coll=la-home-center
Filed under: 9/11 Truth, Abu Dhabi, Alan Greenspan, bernanke, carlyle group, economic depression, Economy, engineered recession, Federal Reserve, George Bush, global elite, Great Depression, Greenback, housing market, Inflation, Nasdaq, private banks, Ron Paul, Saudi Arabia, Stock Market, UAE, We Are Change
Greenspan Confronted By Activists, Flees From Angry Mob
WeAreChange Unmask Former Federal Reserve Chair’s Role in Globalist Takeover and Currency Assassination
Aaron Dykes
Prison Planet
September 21, 2007
Activists angry at Alan Greenspan’s recent deliberate attack on the U.S. dollar— which has already resulted in further devaluation and asset seizure by foreign entities– gathered at an event in New York to confront the former Federal Reserve Chairman on his shameful actions in contributing to a dollar collapse.
Members of WeAreChange.org were grabbed by police and forced out of the building after criticizing Greenspan for “destroying the country.” Individuals who waited in line to ask Greenspan a question were told that there were “no interviews” by event handlers, who then signaled for police to take over.
http://www.youtube.com/watch?v=S5wfNnV6vTU
Nate Evans was grabbed by more than four officers after criticizing the “Federal” private bank Greenspan previously headed. Other activists confronted Alan Greenspan as he left the event, giving him a public shaming for acting on behalf of his globalist masters.
While the globalist-controlled mainstream media rewards economic sabotage by portraying Greenspan and other financiers as economic ‘saviors,’ it is refreshing to know that many others are standing up in defiance of deliberate devaluation.
Congressman Ron Paul ripped into current Federal Reserve Chairman Ben Bernanke yesterday for intentionally weakening the dollar and misleading the public when his sole function is supposed to be maintaining the value of the dollar.
Now activists from WeAreChange.org are taking commendable action to expose the fact that these financial figureheads– and not a subservient Bush Administration– are to blame for the unfolding consolidation of middle-class wealth as well as the liquidation of U.S. infrastructure to foreign and global interests– a frightening and intentionally-triggered phenomenon that has already surfaced in publicized buyouts such as the Saudi acquisition of NASDAQ shares and Abu Dhabi’s stake in the Carlyle Group.
We salute individuals like Nate Evans, Gary, Luke Rudkowski, Matt Lepacek and others from WeAreChange.org, as well as the few in Congress like Ron Paul and Bernie Sanders willing to take action and expose the real culprits of U.S. currency assassination.
Greenspan Admits Fed Is Above The Law
Abe Day
Prison Planet
September 21, 2007
This week, former chairman of the Fed Reserve Alan Greenspan in an interview aired on PBS’ News Hour was asked by Jim Lehrer what should be the proper relationship between a chairman of the Fed and The President of the United States. In a shockingly honest tone Greenspan replies,
“Well, first of all, the Federal Reserve is an independent agency, and that means, basically, that there is no other agency of government which can overrule actions that we take. So long as that is in place and there is no evidence that the administration or the Congress or anybody else is requesting that we do things other than what we think is the appropriate thing, then what the relationships are don’t, frankly, matter.”
This issue with the Fed being above government is one of the key things We The People need to understand in order to wake up to the awful situation that we have found ourselves in. Our wealth, our labor, and anything we gain buy being productive has been stolen from us since the Federal Reserve took over our money system in the 1913.
Most people believe the Fed to be a government agency overlook by the President of the United States. Others fully believe the statements of Mr. Greenspan but don’t really understand what it means to have an “independent agency” (i.e. private banks) be above The Presidency, The Congress and Senate, and the Supreme court of the United States. This power to create money has been given over to a group of businessmen not beholden to our U.S Constitution; a document to protect our God given freedoms from tyranny. Hopefully enough of our rising generation can learn this sad truth and vote to return the power to regulate money back into the hands of those to whom it belongs…We The People.
Related News:
Greenspan: House Prices To Drop Much Lower
http://www.reuters.com/article/newsOne/idUSL2146624120070921?sp=true
Jon Stewart to Alan Greenspan: Why Do We Need the Fed?
http://www.jbs.org/node/5640
Greenspan Working To Destroy US Economy
http://infowars.net/articles/september2007/180907Greenspan.htm
Alan Greenspan Defends Himself
http://www.youtube.com/watch?v=m6b4qX_qm40
Greenspan predicts falling house prices, rising inflation
http://money.guardian.co.uk/news_/story/0,,2171622,00.html
Greenspan says euro could replace U.S. dollar as reserve currency of choice
http://www.iht.com/articles/ap/2007/09/17/bus….nspan-Euro.php
Greenspan Says China Will Determine World Economic Fate in 2030
Alan Greenspan warns of UK house prices drop
Greenspan alert on US house prices
Alan Greenspan claims Iraq war was really for oil
noworldsystem.com 