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Media Ignores Reason for Foreclosures
- Text size
Mark Anderson
American Free Press
February 16, 2008
With the mortgage crisis reaching critical mass, it’s time for Americans to see past the media reports that are keeping them in the dark. Take Shaker Heights, a suburb of Cleveland. Foreclosures have emptied most of the houses. This town was “ravaged by the subprime mortgage crisis roiling the United States,” stated a typical mainstream news report.
Many former residents were “evicted for non-payment of their mortgages,” some left in search of new jobs “after the factories shut down.”
This report represents the usual shallow, worn-out “explanation” of the crisis. If people were not given so much worthless information, they might understand what is happening. The media blathers about careless lenders that gave mortgages to risky recipients who didn’t keep up their payments. But the real story is that the destruction of middle-class jobs, especially in the manufacturing realm, is destroying the ability of Americans to earn, save, invest, pay taxes, reduce personal debts etc.
Gainfully employed people earn money and can buy homes; people with money can make large down payments to obtain smaller mortgage payments; people with money can pay cash for their car so they don’t have vehicle payments; people with money can avoid too much or any borrowing in the first place.
Unless one is born into wealth, one must work. And the types of jobs people need to be secure homeowners are disappearing. These jobs left the nation aboard the “free trade express.”
The Clinton-Bush dynasties gave us these poisons in nearly lethal doses. NAFTA, approved by Bush the Elder, was signed by Bill Clinton and protected by Dubya, who pushed through CAFTA. Congress has aided and abetted the whole process, perhaps believing in the fool’s gold of free trade.
Free traders may believe that just being able to buy stuff for cheap—with nothing else taken into consideration—is the source of prosperity, and that it does not matter where things are made. This is premised on the “consumer is king” nonsense that Americans have been taught. As former General Motors executive Gus Stelzer noted many times, production is the key. But notice how often the media invokes the word “consumer” when referring to Americans. Never do they seriously talk about the vital process of production. Why?
Production consists of taking the Earth’s raw materials and forging them into useful products. This value-added process lays the groundwork for an economy to function. Back when Americans were producing most of the things they needed—from shoes and clothes to cars and electronics—they were paid well; their purchases would help the very companies for which they worked. Imports usually cost more back then because they were supposed to (any item shipped long distances ought to cost more, for travel expenses alone).
There was a time when one could graduate from high school, skip college, go right to a company and work for decades, with a decent retirement. America was so productive that surpluses were exported. We were the world’s leading creditor nation, with no trade deficit.
Look at us now. It is the height of absurdity to believe that a national economy can function without production. But, under the thrall of the free traders, we close factories, outsource what used to be American production jobs to overseas locales, and then we build retail outlets here for selling the merchandise. Working at retail outlets does not generally enable one to buy a home (unless you’re in management), and every item made somewhere else and shipped here further injures the U.S. economy.We’re sinking in quicksand.
Nor can we just employ people in tax-eating government jobs. As people slip down the job ladder and face eviction from their homes, they are even less able to pay taxes to support the mushrooming number of government jobs. And the pressure to spend more tax dollars and enact new taxes to cover the increased government employment eats away at the ability of remaining businesses and private individuals to keep their stores and homes (and home-based businesses) afloat. When they lose their grip, they become unemployment and welfare statistics.
It means nothing when the media reports the unemployment rate and talks about jobs in abstract quantities with no consideration of the quality of jobs lost. And those whose unemployment benefits have stopped are no longer included in the statistics.
“Based on a very conservative 4-to-1 ripple effect, if the goods represented by America’s current yearly trade deficit were produced in the United States, they would generate $2 trillion in added national income, equal to about $16,600 per household,” said Stelzer.
An immediate need is to put sizable tariffs on all imports, particularly those from China, to offset the advantage of having things made overseas for dirt cheap, and to create a strong incentive to make things in America. From there, all levels of government must be cut back so taxes can be lowered, regulations relaxed and a good business climate re-installed in the U.S.
And as presidential candidate Ron Paul says—no more policing the world (and the trillions of dollars it requires).
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February 16th, 2008 at 9:36 am
Amen…Amen…and Amen!!!
Steve
February 16th, 2008 at 9:41 am
Interesting article!
I’ll read it aloud at our next Masonic lodge meeting.
Yours in the eye,
Matt Lerch
February 16th, 2008 at 10:18 am
Ok folks,. let’s put this in perspective.
Remember when the MSM oil soaked press (enemy #1) relentlessly went on and on like an army of snake oil salesmen NOT to worry about the ‘dumb’ family farmer or the ‘greedy’ auto worker information and service economics would ‘MORE’ than makeup for those and other lost sectors.
Did you forget that your MSM enemy sold you the BS America was “better off” shipping jobs overseas, and that globalism (NAFTA) was going to take care of the middle class? Do you not remember the dim-wits at work, the gym, a family member parrot this same nonsense like ‘they’ were the very same ‘experts’ on TV, in the paper telling you to put your entire pension into a 401k?
It’s 2008 and guess what? The gig is up. Now the snake oil salesperson in the oil soaked MSM is trying to sell you another lemon by blaming the boogy man for the economy. So if dim wits wish to regurgitate this latest round of BS coming from the oil soaked MSM, feel free to slap them them up side the head. At this point they earned it!
February 16th, 2008 at 10:26 am
Even though this article is headed in the right direction, it doesn’t go far enough. I know quite a few people who are aware of this viscious cycle of outsourcing and buying cheap imports, but most of them don’t know how to react to this phenomenon. I have a suggestion: STOP SHOPPING AT WALMART. Over 70% of items on shelves at Wally world are made in China. When you buy from wal-mart, you are effectively sending your money to Chinese companies. Take some responsibility for your consumerism and STOP SHOPPING AT WALMART.
February 16th, 2008 at 11:49 am
The problem is american companies have poor quality and high prices. Taxing imports to encourage buying American isnt the answer. We’ll buy things that break right away, such as American cars, A/C equipment, etc. Toyota makes reliable cars for $12k, no company in America would ever dream of trying. We can spend more and expect to make more money from the companies. American companies bottom line is to make money from poor quality and have the CEO get $40 million bonuses, not look out for the American consumer.
February 16th, 2008 at 11:50 am
make that “we can’t spend…”
February 16th, 2008 at 12:01 pm
The sad truth about this is that NAFTA and all de-industrialization efforts are a deliberate attempt to bring on the downfall of america, by our very own gov’t and private sector leaders, in league with the “globalists” who wish to diminish national sovereignty in order to establish a “world government”. This agenda is clearly laid out in the secret meetings of The Council on Foreign Relations, which is our real shadow gov’t. This agenda is also laid out at Bildergberg group meetings. These people are really who’s running the show as illustrated clearly in Daniel Estulins book “The True Story of the Bildergerg Group” which is a must read book. These secret meetings of world leaders of finance (bankers), major journalist and news, congressmen and aristocrats determine what will happen to us in clear violation of the Logan act. Until these secret organizations and their meetings are made public nobody knows for sure what they are up to. But NAFTA was one of their goals and they got it. Our congress and president are puppets to these people. Henry Kissinger is a major player. This is why nothing seems to make sense. World Government is their goal, and that means the disintegration of the USA. If you look at things from this perspective it all makes sense. I think we need to put a gun to these peoples head to let them know we will not tolerate selling out our country, if it’s not too late already.
February 16th, 2008 at 12:50 pm
I guess if you think everyone (the media, corporations, and gov’t) are all out to “get us” then you will think of any reason to justify your claims. While it is terrible that greedy bankers made sub-prime loans noone held a gun to the head of the buyers when they signed on the dotted line to buy those homes they could not afford. They took a risk and failed. Guess what – that’s called Capitalism.
It happens all the time in all areas of this economy. To suggest it was planned or engineered is ludicrous. Furthermore putting taxes on imports is risky because that helped usher in the Depression back in the late 1920’s.
February 16th, 2008 at 12:52 pm
If we put taxes on cheap china goods, the poor will be hurt more. We could compete with china if the min-wage laws didn’t exist. For example if you were a business owner and paid your poor performing low skill workers 4.50 an hour, and your field managers upwards of 13 dollars an hour, and then the govt imposed a minimum wage of 6.50 an hour, who would you fire first. The govt can get hoards of votes by telling the poor they want to raise the min-wage. In turn this only makes the entrepreneurs cut the fat, now the lower jobs are lost because they are less valued and less competitive thus they are paid a lower wage in the working force. With these min-wage laws the business owners have less money for expansion and there fore raises due to the increases in efficiency and capital that increased profit could come from in a market with min-wage laws. With min-wage laws in place the govt. is saying, “you can make money with no skill or effort put into acquiring skills” many people would love that, and it would be fine if the govt was the one making jobs, they only make policies that favor certain types of jobs, in a min-wage market the jobs will go elsewhere, for instance china/india where employers can pay its workers what they are actually worth.
February 16th, 2008 at 12:54 pm
YOU NAILED IT JACK, also the chimp in the W/H added a few of his own things ,and his buddy D/C they need to be taken by the Army for not up holding there oath of office and taken to N.M. and held till the FEDs. figure out WE THE PEOPLE aren,t putting up with this anymore.Then turn them over to the courts for charges,alot of charges? They have almost sent us to the bottom,its time to stand up!!!!!!
February 16th, 2008 at 1:10 pm
Let’s ask the French if they still have Guillotines….. they knew when the time for talking was over.
And to think… we give those guys such a hard time…
February 16th, 2008 at 4:06 pm
With the main middleclass employers now being service, usually finance companies this cycle can only go so far. The money for stock market investments and the repaymment of loans has to come from somewhere. Without production we as a nation are living on borrowed time.
February 16th, 2008 at 4:12 pm
The french revolution was a groundless, anarchy inspired blood bath that resulted in the execution of priests and the upper-middle class. This was a failure and completely the opposite to liberty. The American Revolution however, was really a counter-revolution that was in response to King George’s contractual breech in allowing british parliament to tax local colonies for their own benefit. This was a revolution to restore law, not to set forth anarchy and chaos so that an elite few can benefit off of the ashes. The American Revolution was justified mainly by the Vindiciae Contra Tyrranos which John Adams as well as other revolutionaries studied closely, careful to not make the same fatal mistakes of the French. Basically this writing stated that when a government is in direct rebellion with the sovereignty of God and his law, overthrowing said government is called for. The only true liberty in history was given to us by these men whom held a strict Calvinistic and Augustinian approach to government. It is sad to see all of their genius slipping away. Giving sovereignty to God as opposed to man is the only way to ensure individual freedom and avoid fiat power given to sinful and corruptible men. John Cotton said it best when he once wrote “if you tether a beast at night, he knows the length of his tether by morning…”
February 16th, 2008 at 8:36 pm
“NAFTA, approved by Bush the Elder, was signed by Bill Clinton and protected by Dubya, who pushed through CAFTA. Congress has aided and abetted the whole process, perhaps believing in the fool’s gold of free trade.
Free traders may believe that just being able to buy stuff for cheap—with nothing else taken into consideration—is the source of prosperity, and that it does not matter where things are made. This is premised on the “consumer is king” nonsense that Americans have been taught. As former General Motors executive Gus Stelzer noted many times, production is the key. But notice how often the media invokes the word “consumer” when referring to Americans. Never do they seriously talk about the vital process of production.”
Good try, truth is (over Taxing and over regulation ) killed american business !! Thats what drove good jobs away *not a few Mexicans* no we are fighting over JOBS we have never even wanted…Truth is we were happy to have them do it for us. But since we now find our selves scratching the bottom of the barrel …s--- Jobs, we blame the Mexicans. BAD Trade policy, Bad Foreign policy, Bad Gov. and a spending habbit of a crackhead not to mention Iligal expensive unnessesary WAR. into the trillions…now we realize they f--- the puche..and who is resonsible for all the bad ? Not those in power noooo the mexicans…give me a brake…Morons
February 16th, 2008 at 8:42 pm
Learn this : Injustice, Abuse, Lost freedom, lost liberty, over regulation, Nazi control, this will be our demise…period..what goes around comes around. bend over betty its our turn to get screwed not by Al CIA Da but from our own hand. We will fall just like ROME did..over extended over policeing the world and running everyones life cost money , lots of it.
February 16th, 2008 at 9:24 pm
this article is right on…
February 16th, 2008 at 9:38 pm
It’s amazing to see how we are ruining our own country’s economy. American Walmart shoppers are lined up to buy all the cheap Chinese goods not knowing that businesses like them are the source of the problem.
What we need to do is boycott all products from company’s associiated with the loss of American jobs through off shoring and out sourceing. Boycott these companies with a vengeance to show that we are awake and will take action against the established system set up bring our middle class to it’s knees.
We need to get off all the chemicals our government is allowing into our water and food. Dumb good hearted people make it easy for the NWO to manipulate sheeple into submission. It’s time to get tough and clear minded so that we can defend our country from the fascist tyranny we are currently facing.
Restoring our Constitutional law without Ron Paul as our president is not going to be easy if Americans remain ignorant of what is really happening around them. Programs such as NESARA need to be implemented in order to get our country back on track. Long live our united States of America.
February 16th, 2008 at 9:55 pm
We are a Country without a currency.
Whoever Orchestrated NAFTA should be brought to Nuremburg Germany and executed
just like the NAZI’s.
Service jobs are now drying up AND paying lower wages.
February 16th, 2008 at 10:01 pm
What we have is heavily managed trade not free trade, yet the affect is devastating nonetheless.
February 16th, 2008 at 10:32 pm
There are a lot of good posts here. One thing that usually fails to get mentioned is the responsibility of business owners. I own my own full-service interactive agency and I refuse to outsource development work overseas. Many companies in my industry outsource programming to India, China and other countries. The end result is less employment in the U.S., lower quality work for customers, and money that leaves the country.
It’s time for business owners across the country to wake up, stop being so greedy, and figure out how to compete against the companies that do outsource. My company is doing great, 13 of us (and more freelance contractors) are making a living doing what we do without outsourcing. WAKE UP business owners, think about the long-term prospects of this country, your children, your employees and everyone else that help support you. WAKE UP!
February 17th, 2008 at 4:46 am
In the UK we have Health and Safety creating new jobs. A story I read was the vicar used to use a very long ladder to change the lightbulbs in the church. A PAR38 bulb is about £5 but due to Health and Safety he has to hire a scaffolding company at a costof hundreds of pounds to change the bulbs. Ofcouse he probably has to fit long life low powered toxic bulbs at greater expense now.
Christianity in the UK is pretty much dead anyway. The Archbishop of Canterbury does not believe in god and wants Sharia Law alongside UK law.
I tell you it’s brilliant to be able to buy Chineese electronics so cheap. It’s a bit worrying that a luxury item like a Digital TV box is less money than a bag of food shopping or a tank of petrol. £1.10 per litre or $8 per gallon.
Everyone feel rich because the house they own is so expensive. Inflation is low because chineese stuff is so cheap. The lenders make a fortune because they will lend loads more money for houses than they used to therefore costing you more in interest for exactly the same thing.
The UK’s biggest industry is the London Stockmarket.
February 17th, 2008 at 4:51 am
I just had a revelation as I was sitting here listening to The Alex Jones Show from February 3rd of the Super Bowl. I have been seeing the decline of our economy and everything going on right now in the stock market. I think that they want to get everyone with a National I.D. Card by May of this year 2008, and then make the economy collapse. Because they want everyone to be on file before people are out on the streets so they know exactly who everyone is. But they want to collapse the economy after they get these National I.D. cards out to everyone. I think this Depression could happen sometime in May or June. Could be later than that, but we’ll see how it all unfolds.
February 17th, 2008 at 6:38 am
Mark,
In the UK the National ID is delayed. It seems people don’t trust the government after they kept loosing national records kept on CD’s! The news in the UK is warning that food prices may rise. In Europe we don’t accept GM food. However beause of harvest problems animals may have to be fed on Genetically Modified food from the USA. Mad Cow desease was caused by a protien called a Prion. This was not a germ so was not killed by the cooking process when dead meat was turned into cattle feed. Scientists insisted this was impossible until it was proved possible. Genes control how protiens are broken down and put back together. GM food might possibly contain dangerous Prions or as yet undiscovered problems.
Wealthy people can chose to eat organic food but the vast majority of people don’t care or can’t afford to care about GM food. We won’t starve but we will be eating GM food pretty soon. Once you have GM food they can grow all sorts of unexpected things into your meals. See the Simpsons epesode where Homer discovers Tomacos.
Regards,
Wayland.
February 17th, 2008 at 2:06 pm
Remember the “Service Job Miracle” these hacks spoke about years ago? Well, that is going out of the country at a rapid pace, also. What do you think all those guys with India accents that are always calling on the phone are all about? It’s not your local 7-11 owner calling you up to see how your day is going!!
February 17th, 2008 at 8:14 pm
Clinton or McCain would just pull the plug of a already half dead nation. The worst is yet to come.
February 18th, 2008 at 1:29 am
I have been aware of this free trade nightmare ever since they first proposed it back in the 90’s Senior Vampire BUSH drafted it and Clinton signed it. David Crapafellar I mean rockefellar is most likely the SHADOW that demanded free trade.. If we americans were smart we’d be out in front of these LARGER than life Traitor’s houses with pitch forks and ROPE .. This is what it is gonna take to be prosperous again..
February 18th, 2008 at 7:58 am
There is no such thing as “free” trade, nor really, free enterprise. Allowed to run free, a few will always use their wealth and power to control the many. Socialism or Capitalism, 2 wings same bird at its heart.
February 18th, 2008 at 8:13 am
I thought being Anti-Communist Alex Jones would like free trade,however i can see his point.
He thinks taht open borders are good,Let me give you an analogy
In the Middle-Ages serfs could not move from one county(country) to another without permission from their master(government),closed borders is like this.
February 18th, 2008 at 8:52 am
If it costs a U.S. manufacturer $30 to make a pair of shoes and it costs a Phillipino manufacturer $3 to make a pair of shoes, do you really think other countries will buy our shoes? I don’t care for free trade agreements because being from the Rust Belt, I’ve seen the mass layoffs and dwindling of our manufacturing base in this country; however, I think this is more of a result of competition rather than a free trade agreement. With Federal safety mandates, OSHA, EPA, and having to pay taxes and a wage that far outstrips the wage being paid in a third world country, plus medical benefits….is it really possible for an American firm to compete on equal footing? Better off reaping the benefits of free trade so that what we do export is not subject to retaliatory tariffs. Think about it.
February 18th, 2008 at 10:52 am
how they sold out America
http://video.google.com/videop.....6591557284
February 18th, 2008 at 12:13 pm
The economy hinges on China or so it would seem. Theres commercials to invest in silver in hopes China drives the market up. Ive seen another commercial for online investing and China is mentioned yet again. Has our economic market dwindled so far we have to invest in hopes a communist country can make investors money? It would seem so. This was done years ago by the elites in our country and we suffered a recession due to it. The time was WW2 and the country everyone invested in was Nazi Germany.
February 18th, 2008 at 2:27 pm
The middle class has been a thorn in the side of the power mongers. The Power Mongers have taken steps to destroy the middle class. Why? Because a strong middle class has always kept the Pyschotic Control Freaks in check. PCF doesn’t want this because it ruins their plans of Global Goverment and exploiting the lower classes. You see that in the future the Elite will all move to Dubai at the remote luxury location islands. They will then release a plague and kill 80% of us. Black Water has all ready relocated their headquarters to Dubai to provide the elite protection and they are getting ready for the mass extermination of the world population. Funny how they build the hotel in the shape of a ship like some modern day Noahs Ark. It’ all ready too late.
February 18th, 2008 at 2:32 pm
The Elites have been working to achieve their One World Government Totalitarian New World Order for hundreds of years. John Dees, in the 1500s, was known as “007″, he worked for Queen Elizabeth. They have documents where they mention topics such as “Most Favoured Nation Status” and schemes of “Free Trade.” This may sound good, but this is really a method of control.
China was targeted as an Elite Pawn. The Elites (check the history of the Skull & Bones) have targeted their society for destruction. It was corrupted with Opium. In the 1840s, there were the Opium Wars, so they would have to take it, and be damaged by it.
Later, Communists targeted China in the 1920s leading to the Communist takeover in 1949 (?).
Millions of people were killed there. It is a slave state. The Elite have things set up, so that our
economy will fall, and to compete, we will have to become a slave nation.
February 18th, 2008 at 5:31 pm
‘The FRB/ IMF can be crushed if the American people will simply step off the spinning wheel of spending. The government has exposed the Achillies heel of the FRB through the so called “economic bail out plan” presented to congress recently. The only way the FRB gets its interest payment on its loans to our economy is if the money is spent. We can cut them off at the ankles if we are willing to bite the bullet and stop spending that borrowed money and bring this mess to a screeching halt.
February 18th, 2008 at 5:42 pm
Mr. Moneymatters,
“china/india where employers can pay its workers what they are actually worth.”
Have you been to China? It’s slave labor. The people making the gym shoes, toys, clothes, everything, can’t afford to buy any of the products they make. They still live in squalor. The Chinese Government has been keeping the living standard low, by keeping wages low. Maybe if the Chinese people get pissed enough, they would revolt. Of course, they have that million man army to contend with.
February 18th, 2008 at 7:42 pm
im afraid David S is right. The big picture is much more sinister and horrific than you could possibly imagine. We are nothing to them. We are crop to them. Chem trails? A sedative to keep the people in a state of mind numb-ed ness. We are being grown, and soon they shall reap us down.
Behold, a white horse, and his name that said on him, was death.
February 19th, 2008 at 9:18 am
I agree with this article but lets also not forget that the Irresponsible lending is another kry part of all this. The trade situation might be setting the stage, but the bad lending is the actual scythe the money elite swing to reap our money and lives.
February 19th, 2008 at 10:39 am
One possible cure, allow people to wipe their debt completely once again. Most are not going to repay the money anyway. It always ends with undoing what this adminstration did.
February 19th, 2008 at 10:54 am
Dubya was put into Office. He is the quintessential “C” average University student-come-graduate only because his Mommy and Daddy put him through with their questionably acquired Federal Reserve Notes.
Dubya is either a reflection of the American electorate, or he is a genuine relection of the Secret government Illuminazi control freaks. Yeah, yeah, they have all of the Federal Reserve Notes by the s--- loads. They have the best politicians that Federal Reserve Notes can buy. Besides that, the Illuminazi thinks he/she is clever and can outwit the poor American Citizen. Nah! I say that the Illuminazi is a reflection of Dubya. They, too, are “C” average intelligence.
Besides, the idiotic Illuminazi is as sharp as a glass marble. They think they’re immune from the Universal Laws of Nature. Whatever goes around, comes around. What they’re doing to the masses is going to backfire and destroy them. History keeps repeating itself. When will we ever learn?
February 19th, 2008 at 5:04 pm
Irresponsible lending is only one side of the coin. The far shinier and more interesting side is the borrower. In this country, we seem to think that everyone deserves the big house and the new car(s) and vacations to everywhere on the credit card. Credit is too easy to obtain and too easy for the lenders to abuse. VRM? Interest only loans? These schemes were cooked up to do one thing, relieve people of their money.
Think about that next time you gas up on the credit card, or take out a second mortgage to buy a new car or go on vacation.
February 19th, 2008 at 7:57 pm
I think they ARE going to blame this on everything but the Globalists.
This is a planned event. Greenspan and the Banker Ilk knew exactly
what they were doing.
On way to work, NPR had a segment on the cause of the Sub-prime
crisis. They were blaming it on the “customer service reps” in the Mortgage
industry. I had to laugh. What is NOT funny is that so many USAmericans
will believe everything they are told by the MSM. The U.S. has been plundered, and
the average idiot in the U.S. still does not realize it. What a rude awakening they
are in for.
February 20th, 2008 at 12:51 am
allow chapter 11’s or 13’s which ever was the one where you could wipe all your debt. Bush put the plug in that right b4 the boom happened.
Now we have a plug in the credit hole, and a crap load of bad checks written on borrowed money (that isnt faltering as well). It is almost like they are trying to break the ceiling, let the roof cavin and then put a new one on top. (Amero) Pull the drain plug and relieve some of the pressure, allowing people to wipe thier debt will take pressure of the people that do that, it will also punish them for 7 years. The Creditors will get exactly what they deserve, just because someone asks you for money doesnt mean you have to give it to them…. Lend more responsibly, and only lend what you can afford to lose.
Right now there is a ton of property that no ones owns, and there is a ton of property that is in sever default, I wonder what the banks are planning on doing with all of that bad paper and useless property, kind of hard to loan money out off of land that is already taxed way too hard. I guess we should just dump it t the highest bidder…. pennies on the dollar.
what is really sad is most of us will have life debt…. something we were never supposed to have in this country.
well anyway, im not sure if this is how it goes, it was jsut somethings i noticed…
February 20th, 2008 at 1:59 am
Getting the Economy back on its feet would not be difficult.
If Infowars controlled per say CNN for one day and got the necessities of what needs to be done out.
bam.
Ron Paul!!!
February 20th, 2008 at 1:52 pm
The bible predicts all this, in fact Pastor Arnold Murray from Arkansas predicts via the bible how the end takes place, with your lines of communication failing, to the rise of the four horseman who already are in action. And the 98% of the world deceived, just watch hillary, obama, mccain..so stupid people, and such good christians. Muslims always think they will rule, well with all this distraction and there religion growing, they might. What then, pay them to live because you refuse to bow and sound like a monkey in a tree? Religion everywhere is FALSE DOCTRINE! tough, deal with it, eat it. GOD=ORIGIN OF THOUGHT+ENERGY+MASS=your conciousness..GET OVER YOUR GOD/GODS CHILDREN. You dont need them, you need technology to save yourselves from the universe which wants to destroy you constantly because your so ignorant.
February 20th, 2008 at 7:25 pm
“If the American people ever allow the banks to control issuance of their currency, first by inflation and then by deflation, the banks and corporations that grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied.” -Thomas Jefferson
“The individual is handicapped by coming face to face with a conspiracy so monstrous he cannot believe it exists.” -J. Edgar Hoover, former head of the FBI
Amschel Mayer Bauer who took the name “Rothschild” from the Red Shield that identified his goldsmith shop and founded a dynasty of influential international bankers stated, “Let me issue and control a nation’s money and I care not who makes its laws.”
———————————————–
In 1910, Lenin said: “The surest way to overthrow an established social order is to debauch its currency.” Nine years later, Keynes wrote: “Lenin was certainly right, there is no more positive, or subtler, no surer means of overturning the existing basis of society than to debauch the currency … The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million is able to diagnose.”
Ten days before he was shot in Dallas, it has been reported that President Kennedy said in a speech at Columbia University: “The high office of President has been used to foment a plot to destroy the American’s freedom, and before I leave office I must inform the citizen of this plight.”
it was his intention to circumvent the Federal Reserve, by returning the authority to “coin and regulate money” back to the Congress, rather than have it manipulated by the international bankers who print the money and then loan in back to the federal government– with interest. On June 4, 1963, he signed Executive Order #11110 which called for the issuance of $4.3 billion in United States Notes through the U.S. Treasury, rather than the Federal Reserve, very similar to what Abraham Lincoln did. The Order also provided for the issuance of “silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption…” This meant that for every ounce of silver in the U.S. Treasury’s vault, the government could issue money against it. This resulted in the introduction of more than $4 billion worth of U.S. Notes into circulation, consisting of $2.00 and $5.00 bills; and although they were never issued, $10.00 and $20.00 notes were in the process of being printed when Kennedy was killed. On Monday, November 25, 1963, the day of Kennedy’s funeral, President Johnson signed an executive order to recall the U.S. Notes that had been issued by Kennedy’s earlier directive; and five months later, the Series 1958 Silver Certificate was no longer issued, and was subsequently removed from circulation.
” The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite.” –Thomas Jefferson