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The Day the Dollar Died
- Text size
John Galt
November 19, 2009
The following story in italics is a potential fictional time line for the day the dollar died. I hope not to instill fear or loathing but to give everyone some perspective on a POSSIBLE outcome which does not really take much of a reach to come to any conclusion. Despite popular belief and promises from those who wish to rob you of your savings and investments, the collapse of the dollar might just be an event measured in hours, not days as their control is not what it seems…..
Mike was less than an hour from home in Minnesota after dropping his load off in Fargo but knew he needed to top his tank off this Sunday evening to insure his rig would make it home. He pulled into the Petro Truck Stop just outside of Fargo and hopped out of the cab into the bitter twenty below temperatures which he could not believe had already hit at ten o’clock at night. He slid his fuel card into the pump waiting for the next prompt when the “SEE ATTENDANT” message flashed in the screen. He blustered, figured it was another card problem and whipped out his Master Card and slid it in after the pump reset and again the “SEE ATTENDANT” message flashed up. “What the hell is going on?” he thought to himself as he wandered into the long line of drivers boisterously yelling at managers and clerks alike.
Tom finished up his shift on the docks at the Nestle warehouse in Hampton, Georgia at exactly 11 o’clock at night and decided that because of the scuttlebutt he had been reading on the message boards, it may not be a bad idea to pick up a few cans of food and some toilet paper at the local WalMart Super center. Even though it was a Sunday night, they were always stocked and it was just five minutes out of the way to his home. As he walked inside the store, his mouth dropped. It looked like the day after Thanksgiving sale with every register open and ten plus people deep at 11:30 p.m. “Oh my God!” he gasped as he walked in grabbing the last shopping cart with the wheel that was half locked up. As he walked as fast as he could to the aisle with the paper goods, he looked at all the shelves then noticed the clerk who looked stunned himself. “How in the SAM HELL does WalMart sell out of Toilet Paper son?” he screamed at the eighteen year old kid. “Sir, I don’t know what is going on. Is the world ending? I’m a little freaked out!” the clerk stammered. Tom realized that he was not to blame and as he calmed down said to the kid “Son, I don’t know what is going on either. It must be an ice storm on the way. Are you folks getting another truck soon?” The clerk said in a very low voice “Sir, I think there are two coming at 2 a.m. I would wait here if I were you.” With that information Tom slinked outside to his car and called his wife at home just before midnight to tell her he would be staying to wait on the WalMart trucks.
1730 ET…February 21, 2010
It was a typical Sunday night in my household, a tremendous dinner, nice weather in Florida and of course a chance to chat with my friends online about the events of the world. The big news was that on Friday, February 19, 2010 the US Dollar Index closed at 69.07 far below any level in history and of course shattering all known technical support. As I grabbed a glass of Port and settled in front of my computer at 5 p.m. Eastern to watch the Asian fireworks and watch Bloomberg and CNBC-Asia on my computer, I noticed the Middle Eastern markets closed in horrid shape. The Israeli market closed three hours after the open and down 22% for the session. The Saudi markets closed after one hour and down 41%. Other regional markets did not open or were shut down due to national emergency declarations. As I tuned in expecting the usual repeat on Bloomberg, it was live with a somewhat excited news babe reading information from a blog reporting “rumors” that the CEO’s of Citigroup and Bank of America were in meetings since 11 a.m. with the New York Fed. At that point, it was time to put the port up and break out the hard stuff.
Gold had closed at a record high again, up some $37 to finish Friday’s session up at $1289 and change so I figured it would be jumping again with all of this worldly instability on display. I searched the boards and feeds like mad, looking for anything on an Iranian attack or outbreak of war elsewhere in the world but nothing was found at all. As 6 p.m. Eastern flipped up on my watch, CNBC interrupted their programming with a live update from New York instead of Australia or Tokyo about the meeting at the NY Fed. Bloomberg also broke from their Asian coverage with a brief story but no details as to why there was a meeting today or who else was there. As the New Zealand markets opened, the prices went nuts but shockingly to the upside. Their markets shot up 11% on the open to break over the 3900 price level but that was not the story. As the futures opened in Chicago for the evening session, no matter where you were in the world that day or night, you printed that screen at 6:04 p.m. Eastern time as the prints were staggering:
Gold UP $212.15 to $1501.15
Silver UP $39.13 to $81.06
US DOLLAR INDEX DOWN 9.5869 or just over 14% to 59.4830
US S&P FUTURES DOWN 49.13
US DOW FUTURES DOWN 472
NASDAQ FUTURES DOWN 135
Holy Smokes! This was an absurd way to start the night and my phone started ringing along with text messages and emails out my wazoo. The sense of panic was evident on Bernie Lo’s face as he came on to the air discussing what was happening in the futures market and fortunately he announced that Jim Rogers would be joining him after the next break. As the commercial started at 6:09 p.m. Eastern the scroll at the bottom of the screen was bright red with the headline:
ALL U.S. EQUITY FUTURES ARE LOCK LIMIT DOWN…..TRADING SUSPENDED UNTIL 0900 ET MONDAY FEB 22….US DOLLAR BEING SOLD ACROSS THE BOARD
By 6:15 the Euro was trading at $1.92, the Kiwi (New Zealand Dollar) at $1.26, the Aussie Dollar well beyond par at $1.39 and the Canadian Loonie rocketing past par to $1.33. The U.S. Dollar was in a full fledged collapse and the world was putting money anywhere they could to escape the carnage. As the New Zealand equity markets struggled to handle the order flow an announcement emerged at 6:27 p.m. Eastern time that they would no longer accept U.S. dollars within their nation for the next 72 hours until the United States Federal Reserve Bank introduced stability measures. That instantly turned a huge move to the upside to down 17% in less than three minutes and soon thereafter, trading was suspended by 7 p.m. Eastern time. Instead of waiting to see what was next, I left at 6:51 p.m. to run down the street and take $500 from the local grocery store ATM, returning just in time for the top of the hour news.
1900 ET
The Australian markets attempted to open but due to order imbalances they were delayed twenty-seven minutes. It was a buying frenzy in Australia also as the Aussie Dollar was skyrocketing higher and gold continued to gain, now up $273.20 per ounce in less than two hours of trading. The Chicago board was going to make a statement at 8 p.m. ET and the world was holding its collective breath because something bad was happening again in the United States and everyone wanted to buy into foreign markets to escape the American disaster on the horizon. After a brief opening, the Australian government followed suit with the New Zealand announcement and suspended acceptance of the U.S. Dollar for commerce until further notice. The Japanese were very quiet in the mean time as they announced at 7 p.m. they would keep their markets closed but the huge move in the Yen caused massive concerns as noted by the central bank. The yen appreciated from a close of 79.8213 on Friday the 19th to an opening of 48.7326 in less than an hour of trading. Nobody wanted dollars and even fewer people it was discovered wanted the British Pound. The Pound for the first time in its history was worth less than 100 yen and it was well on its way to joining the US Dollar in a death spiral.
2000 ET
The internet is crawling. Message boards were lit up with record numbers of participants. Rumors swirled about declarations of martial law, bank holidays, secret wars and other crazy things. Yet my phone messages, conversations, texts and emails told me there was something very very wrong. Two of my friends called me to tell me the consequences of the failed 30 year bond auction last Thursday came home to roost over the weekend. Citi and BoA were rumored to have a huge CDS obligation due to the interest rates being blown outside of the norm and the 6.05% yield from the auction cost the banks an estimated $400 billion each if they were forced to settle open swap contracts and derivative issues by Monday or the end of the month. The swaps and derivatives which were to prevent the collapse may actually have finally started it but nobody could verify anything that was happening as the NY Fed looked like a war zone with hundreds of cameras around the building and reporters speculating endlessly on every cable channel.
2100 ET
- A d v e r t i s e m e n t
I did not know who to believe but when Bloomberg played the excerpt from Jim Rogers’ interview just after the top of the hour where he said “this is what a currency collapse looks like and if you were not prepared, you were wiped out” really resonated with everyone on the Bloomberg set and throughout the news worldwide. The Chicago Futures were closed by order of the CFTC and SEC and that was the big announcement but it was assumed anyways because there was no way the COMEX or anyone else could possibly have kept up with the demand for precious metals as the last print had gold over $1579 per ounce and worse, the base metals closing at obscene prices like $6.79 per lb. for copper! The Shanghai markets were ordered open for domestic participants only and no overseas selling was allowed nor trading in US Dollars thus allowing the communists to manage their banking situation without outside influence. Unfortunately a rumor was confirmed on FNC later in the hour that Chinese troops were deployed to all U.S. and British bank branches inside their nation. That only permeated the panic already felt on the internet and in the air. The news at the top of the hour was even more shocking.
2200 ET
CNN led the hour off with coverage of the “FINANCIAL CRISIS OF 2010″ with breaking news about two hedge fund managers committing suicide in their offices in New York. That did not help the confidence level nor did the statement from Treasury Secretary Timothy Geithner at 10:09 p.m. Eastern that the “government was in full control of the situation and that the panic world wide was unwarranted.” When he finished the statement assuring that the financial markets would probably open on time in the morning, the snicker from CNBC’s team of Gasparino and Griffith spoke volumes about what was really occurring.
2300 ET
Somehow a picture of Goldman Sachs CEO Blankfein and JP Morgan’s CEO Jamie Dimon entering the New York Federal Reserve building was leaked out and broadcast on cable news and financial news outlets causing more discussions and a genuine sense of panic to grip everyone. Reports about credit cards not working for the last two hours nationwide were swamping the newsrooms but no comments from VISA, Master Charge or anyone else was forthcoming.
0000 ET February 22, 2010
It was officially a panic. Reports on local news stations about grocery store shelves being cleaned out and ATM machines running out of money hours ago and not being refilled were broadcast nationwide. Even my local station had a story about accessing the reporter’s bank account online and all they got was a very scary message as they attempted to reach his bank’s web page:
404-NOT FOUND
0100 ET
WWOR and WCBS started reporting that gas stations in the New York City and northern New Jersey areas were running out of gas even though credit cards did not work. The cable news stations and financial news networks just recycled earlier news with updates at the top of the hour. The world markets were closed and everyone was holding their breath to see what happened the next morning.
0200 ET
As I struggled to stay awake, NY Federal Reserve President Denis Hughes came to the microphones with Dimon, Blankfein and shockingly Ben Bernanke. Hughes immediately deferred to Bernanke who said that the President would address the nation at 7 a.m. Eastern Time and that he felt the crisis was averted for the moment and that everyone should have faith in the United State’s policy of a strong currency and banking system. After that statement was concluded, Bloomberg switched to a banking analyst from Singapore who said that the U.S. was now a hulking smoking black hole in the ground and the only thing it was good for was to return those worthless dollars back to “THAT” nation so “THEY” could burn them to stay warm this winter.
0300 ET
Someone on the message board posted a story from WTOP that military police were seen setting up roadblocks throughout Washington, D.C. There was no video or other confirmation within that hour. I had to make double strength coffee at that point in time but instead set my alarm for 0500 to try to grab a nap. I was not about to miss what was going to be a day to remember in American history.
0509 ET
So sue me! I hit my snooze button then realized I fell asleep with the computer and television on and the news was flying. In big bold red at the top of CNBC’s screen was the announcement COUNTDOWN TO SPEECH and a counter moving towards 0700 Eastern. As I flipped the channels half awake, I noticed a BREAKING NEWS announcement on CNN and there was a feed from WSB in Atlanta, GA with their helicopter video of the Georgia State Patrol closing off all streets within three blocks of the Federal Reserve Bank in Atlanta and also around the Federal Home Loan Bank. That sent a chill down my spine as I flipped back on to the computer to see over two hundred unread emails and message upon message about shortages, internet outages, credit card problems and worst of all, gas stations running out of fuel. The other shocker was the suspension of international flights in many U.S. cities as the suppliers put every airline on C.O.D. effective immediately at 2:30 a.m. Eastern Time and that suspended a ton of flights inside the United States and worldwide. The cascading effects were stunning, even to those of us who were warning about it.
0530 ET
Several European markets attempted to open in coordination with Middle Eastern markets but the declines were so severe that within ten minutes of trading the authorities shut them all down within a half hour:
Russia -35%
Saudi Arabia -43%
Israel -22%
Switzerland -17%
Germany’s DAX -41%
CAC 40 – 29%
FTSE 100 – 32%
The Euro was up another 10% against the dollar and the Swiss Franc was now worth over $1.40 U.S. As the discussions about the problems with the U.S. dollar accelerated, banks were being shut down in Europe in nation after nation to prevent runs. Sadly for the Brits, the Sterling was now trading so poorly in Europe that it was worth just 1/3 of a Euro at some trading desks. By the top of the hour, video of riots in front of banks in Frankfurt and Glasgow were broadcast nationwide. At 5:55 a.m. Eastern the news took a dark turn with this BREAKING NEWS headline:
OBAMA AND BERNANKE TO SPEAK TO THE NATION AT 6 A.M. EST
0600 ET
The speech was low key, solemn and to the point. Obama announced a one week bank holiday. All credit card transactions and all collection actions of any sort were hereby suspended for seven days. All financial markets were closed until further notice. All mortgage and bill payment due dates were suspended for thirty days and no past due notices nor penalties were to be allowed by Federal Law. All schools were closed for seventy-two hours be they public or private. The city of Washington, D.C. was hereby declared to be under a state of martial law and all citizens were ordered to observe a curfew from 8 p.m. to 8 a.m. daily. Just as that sunk in, Ben Bernanke stepped up to the microphone to announce that President Obama, Treasury Secretary Geithner and all of the Federal Reserve Presidents along with himself were going to depart for Geneva for an emergency meeting of the G-20, IMF, World Bank and United Nations Financial Stability Working Group. Bernanke also announced that Citigroup, N.A. and Bank of America were hereby nationalized and placed under control of the United States Treasury under the auspices of the FDIC and that Sheila Bair would have an announcement at 8 a.m. Eastern. As he finished the announcement, an obviously exhausted Federal Reserve Chairman concluded by assuring the citizens of the nation that a stable currency was their only goal from this meeting of world financial leaders. I noted he did not say what currency though he was referring to.
0800 ET
By now, CNBC, Fox Business and Bloomberg were knee deep in wall to wall coverage but so were the broadcast and cable networks. America was on the brink was the preaching and screaming and the “bulls” were being gored by the permabears every time they uttered any statements about “how we’ve been through worse” etc., etc.
The announcement of the seizure by the FDIC of two of the largest banks in the world was pretty standard and short. The follow up statement by Ms. Barr though is what caused every newsroom to take pause when she stated that “further consolidations will be announced in the next seventy-two hours.”
The Bubblemedia was stunned and even shocked when Canada announced that they would attempt to open their financial markets for two hours of trading and that their banks would be open for normal domestic customers and business from 10 a.m. until noon Eastern time. Everyone on television looked at each other and just asked “How?”
0900 ET
I had forgotten to call in sick to work but then again the phone call from the company owner was pretty much a “well now what” as we laughed in a gallows humor discussion. He understood why I was home and he had already told the employees that he was closing at noon and would reopen when we could actually collect real money on what we sold and leased out. I told him I would call him at home later or meet him with a bottle on the golf course in the morning, weather permitting.
The chilling video of the Federal Reserve heads, Geithner and Obama boarding Air Force One to leave for Geneva from Washington, D.C. really had an impact on me.
1000 ET
The Canadian markets opened up 10% in ten minutes then rolled over down 31% by 10:30. The scary part was that the Canadian dollar kept on rising even though commodity trading was suspended and everyone was wondering just what gold would be priced at if the markets were allowed to trade.
As the day wore on, it was a blur of shocking story after shocking story. The President and his entourage arrived in Switzerland along with other world leaders but little was discussed or disclosed. The reports of banks being fire bombed by nuts throughout parts of the U.S. made the international news and caused all of us to feel somewhat uncomfortable as to what was next. The 8 p.m. interruption of normal prime time programming with a FEMA NEWS ALERT which lasted ten minutes and was repeated at the top of every hour with little if any information caused even more panic in the masses. Today I watched our dollar die in a matter of hours even though I knew how it was killed months if not years ago. I just wondered how bad the announcement out of Geneva was going to be as our bankers and politicians sold our souls out to save their rear ends.
I also wondered if I would ever sleep again.
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November 19th, 2009 at 11:22 am
Wrap your head around this:
There will be -0- ‘economic recovery’, until the Lord of Hosts returns. Period, (i don’t care what you’re dreamin’).
MADD HATTER Reply:
November 19th, 2009 at 11:34 am
Your dang right brother/sister !!!
InvestigatEverything Reply:
November 19th, 2009 at 11:40 am
This story would be much more effective if I knew who John Galt was, what his background is, and what his accomplishments are. Anyone can write a fictional horror story, and while I agree that some of the things written about in this “fictional” piece could come true, posting some story that someone wrote without telling me who the author is or background on him doesn’t exactly do the job.
C’mon Infowars. I expect more. Give me some background on this guy!!!
canuck rage Reply:
November 19th, 2009 at 11:44 am
dont be so lazy , look him up yourself, and quit expecting the infowars staff to do your homework for you.
InvestigatEverything Reply:
November 19th, 2009 at 12:22 pm
I did look him up. Unfortunately, there isn’t much information on the guy. And most “responsible” articles actually give you a small blurb about the author at the bottom of the story.
As I said, I don’t put some of the scenarios in this “fictional” piece out of the realm of possibility, but it would hold so much more weight if I knew the author was a studied economics major, or something of that nature.
Bob Reply:
November 19th, 2009 at 12:42 pm
InvestigateEverything,
Unfortunately it was the studied economists who got us into this mess with speculative markets, and some deliberate irresponsible risk taking. Your last line makes about as much sense as “the government really screwed this up for us, but it would hold more weight if the government told me it was all ok”. it’s sad, but the truth is, the average citizen can come to a conclusion and solution to our problem… stop spending, start saving, produce goods again, drill for our own oil AND seek alternative power (not one or the other, but both) etc. If a citizen was as irresponsible with our finances as the gov and big business has been we would be in jail and have all of our belongings repossessed.
Dusty Foster Reply:
November 19th, 2009 at 12:47 pm
Spread the word about Alex Jones’ website.
This website:
http://www.thetinyspark.com
has easy step-by-step instructions on how to make DVD copies of Alex’s “Fall of the Republic” that will play on even cheap home DVD players.
Or you can get copies made.
Then you can write “Visit Infowars.com” on the DVDs you pass out.
-Dusty
Chasity Reply:
November 19th, 2009 at 6:21 pm
A- fukin men!
Philip Reply:
November 19th, 2009 at 1:28 pm
John Galt used to leave messages on these discussion threads.
More important than his “background” and “accomplishments” is whether or not he knows what he is talking or writing about: which you should be able to discern by reading what he has written.
Plenty of people in America have an impressive name for themselves and don’t have a clue about what’s really happening to the nation.
Promoters of water fluoridation, aspartame, mass vaccination, mercury amalgam fillings, etc.
Many of these people can dazzle others with their “background” and “accomplishments”. And yet they advocate the mass poisoning of the American people.
John Galt used to leave some good messages on these discussion threads. He understands what’s happening to America. With or without an impressive background.
exploits Reply:
November 19th, 2009 at 2:08 pm
John Galt is a character in Ann Rand fiction novels.
Philip Reply:
November 19th, 2009 at 4:10 pm
And the name may have originated from the 14th Century.
Simply being the name John of Gaunt with a few minor changes.
Brian Reply:
November 19th, 2009 at 1:06 pm
Lol…the collapse of the dollar is imminent, but this story is about 100X too dramatic. Have some faith in the good citizens of this country that will rise up to meet the challenge and we’ll eventually pull through the hard times ahead.
dippity doo Reply:
November 19th, 2009 at 2:50 pm
lol……..like the good citizens of this country havent had AT LEAST a 100 years to rise up and meet that challenge, AT MOST; since day two…
complacent, pathetic, tolerant, procrastinating, greedy, lustfull, ignorantly arrogant crackheads are the “good citizens” of this country…
jeffohio Reply:
November 19th, 2009 at 7:19 pm
Having faith in people who kept re-electing these CLOWNS, for how many years?
Ethan Allen Reply:
November 19th, 2009 at 10:51 pm
100X too dramatic?
It’s far too reserved – just think what the fluoridated masses will do when neither debit nor credit cards will work. Food riots and crime will be massive and widespread.
Hanks ExdFed Reply:
November 20th, 2009 at 5:51 pm
Jim Willie and the Hat trick Letter, this guy is as smart as Einstein and he is a trends forecaster like Gerald Celente.
Listen to this interview with Jim Willie on Kings World News: http://www.kingworldnews.com/k.....illie.html
This is THE Systemic Failure Series
Mr. Religion Reply:
November 19th, 2009 at 11:40 am
I think you are dreaming.
Ido,thedo,ya,who Reply:
November 19th, 2009 at 12:39 pm
I like the programing of people in this country,yep it sure is nice.This story could happen but I believe that it is to early to tell.The power that be I call them Ledger Lords,will put there new system into place before they make a move.Fear O ya thats what they like,keep the herd running- then they will stop it for a little while than stampede it again in the direction they want.They are following a plan that is a consolidation of many minds and discipline feed into super computers that are working out the process step by step.Even your response to stories,e-mails,general buying patterns.etc…….all gather and sifted to find percents of action that is going on in the herd (matrix).Scientific Dictatorship is the system,we are deep down the rabbit holes,brother and sisters.
Mayflower sent Reply:
November 19th, 2009 at 10:53 pm
bingo——-Joshua
modus up your endi Reply:
November 19th, 2009 at 10:54 pm
was his name-o
puppet show and spinal tap Reply:
November 19th, 2009 at 10:56 pm
there was a farmer had a dog
www.creditambassador.com Reply:
November 19th, 2009 at 12:43 pm
(Invest everything) the guys right, we can totally trust everything that writen even when it ficitional, 20min with president was loaded with fact, this is worst case sernior, someone who saw to many movies, this world has been around for a long as time, we already built it as prison, and it wont fall in few hours.
I will say it freak shame we are the only planet floating around big ball of gas with beautiful beaches, it like heaven on earth, when you where you want to be, but our minds keep us in prison. shame really, so many beautiful beaches out there, and we stuck on the planet that doesn’t let is own people roam freely .
bob Reply:
November 19th, 2009 at 2:01 pm
lord of hosts???? Get your head out of your as you moron. Damn easily led bible beating dopes are what got us into this mess to begin with. they’ll believe anything if you end it with god willing. you know what, god willing all of you morons will kill yourselves and go meet jesus already.
jan Reply:
November 19th, 2009 at 2:31 pm
bob you cannot prove god does not exist can you?
Nomenclature Reply:
November 19th, 2009 at 2:34 pm
Settle down. There’s no need for that. The founding fathers would certainly despise your spittle-spraying rant, since their basis for the constitution was Christianity. You must be against the establishment who are gutting the constitution. If so, then why are you railing on Christians? Face the enemy, soldier!
Don Corleone Reply:
November 19th, 2009 at 3:25 pm
of course Bob you are right. but it is impolitic to say so.
puppet show and spinal tap Reply:
November 19th, 2009 at 11:07 pm
what-ever BilzaBoB,, I think the goal is to “Go meet Jesus” But your father was a murderer and a lier from the very beginning . Maybe you can kill yourself and go suck Satan’s cock.
jan Reply:
November 19th, 2009 at 2:30 pm
0= 15 = 6 156 babylon
LOOK AT THIS Reply:
November 19th, 2009 at 3:20 pm
Jan, the person making the claim needs to provide evidence to the claim. The burden of proof is on the person making the claim. So a rebuttal with “you can’t prove God does not exist” is a cop-out and a basic error in logic. Thank you, come again.
Logos_777 Reply:
November 19th, 2009 at 6:09 pm
I met a girl who sang the blues, and asked her for some happy news
She just smiled and turned away…
The girl who sang the blues is the statue of liberty…
2 Timothy 3
Perilous Times and Perilous Men
1 But know this, that in the last days perilous times will come: 2 For men will be lovers of themselves, lovers of money, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy, 3 unloving, unforgiving, slanderers, without self-control, brutal, despisers of good, 4 traitors, headstrong, haughty, lovers of pleasure rather than lovers of God
sunday Reply:
November 19th, 2009 at 9:20 pm
Hi,
The only recovery that will happen, is when our Lord Adonai Yeshua ( Jesus Christ ), returns with his heavenly army to crush the Beast and his NWO System, to set-up his everlasting kingdom on Earth. The law will come out of Mt. Zion to all nations, and every knee will bow, and every tongue will confess, that Jesus Christ is:
King of Kings and Lord of Lords…..
God Bless…
http://www.endtimestube.com
quinzz Reply:
November 19th, 2009 at 10:17 pm
This should read as a “Preamble to an attack on Iran”. NOT “The day the dollar died”
This is excactly what the US & NWO would do before they attack Iran. They know how an attack on Iran will inflate everything, especially, OIL!! So they blow the bottom out of the economy before they strike. Seems like a logical move before you take over world energy supremecy through oil. BOMBS AWAY!!
Im not endorsing this, its just my an observation.
SEE: http://www.bipartisanpolicy.or.....%20pdf.pdf
Pages 10-13
Angelica Reply:
November 19th, 2009 at 10:53 pm
I am in agreement with you on this fictional but quite acurate as far as how the cards will fall.Dates and times may be fictional but quit honestly watching and reading world news and the financial picture world wide this appears to be on the buton as to how this will all play out.As I read some of the non-sensicle coments here it still disturbs me how many choose to mock what appears to be a reality to come for sure.
John Galt I just want to say thank you for sharring your thoughts on how this could all come about.Try to look past those whom have no eyes to see it comming upon them and certainly no ears to hear either.
God bless all of you whom pass this way to be informed or choose to just pick apart those whom dare to think for themselves and are far from being spoon fed yes sirs yes mams.
Dare to be yourselves and not be railroaded.
CmonGuys Reply:
November 20th, 2009 at 3:13 pm
This might be the dumbest thing I’ve ever read. Clearly anyone who knows nothing about economics is allowed to publish a piece of fiction and use the same fear mongering tactics of which this site apparently condemns to its own audience. It’s ironic gold. You guys crack me up..
November 19th, 2009 at 11:26 am
“The following story in italics is a potential fictional time line for the day the dollar died”
Hey I am going to write a story about all of us being able to poop gold….and the price of gold falls to $10oz!
not,not,not ever Reply:
November 19th, 2009 at 12:43 pm
Man you are just a culter,praise the ?????????
November 19th, 2009 at 11:29 am
sTORY fAIL…RUNNING OUT OF REAL NEWS I GUESS.
November 19th, 2009 at 11:31 am
Could it be any clearer, than this? What you stand for or let happen,is what you will receive. Peace.
November 19th, 2009 at 11:31 am
http://news.bbc.co.uk/2/hi/business/8367566.stm
November 19th, 2009 at 11:33 am
John Galt penned a very interesting scenario of what me be on the near horizon. I’d guess that if this happened or something very similar took place, the vomit brokers on CNBC, FauxBusiness, and CNNFN will be using that same old mantra: Its a Great Buying Oppurtunity, there are Great Deals out there, now get out there and Buy Stocks!
November 19th, 2009 at 11:37 am
“A potential fictional time line”, kind of like that, War_of_the_World radio show? Where’s the buy gold bulls---? All the prior bubbles where hyped, to pull in the suckers, that’s what’s going on now. So go ahead, put you money in gold. Just live your life right and ignore this bulls---. Any ads for gold on this site?
November 19th, 2009 at 11:38 am
Good story.
November 19th, 2009 at 11:45 am
WE ARE SO CLOSE TO THIS HAPPENING, I CAN SMELL IT!!!!
puppet show and spinal tap Reply:
November 19th, 2009 at 11:10 pm
careful bilzaBoB may have farted.
November 19th, 2009 at 12:02 pm
I never thought I would live through a depression. But here we are.
Chump Reply:
November 19th, 2009 at 1:17 pm
I find these stories interesting in that they make it to places like infowars, and it appears to seem scary or foreboding.
HELL BROTHERS- THIS IS WHAT WE’VE BEEN DREAMING!
It may say, the death of the “dollar”- but we ALL KNOW IT ISN’T THE DEATH OF THE DOLLAR- ITS THE DEATH OF THE FEDERAL RESERVE NOTE.
This is a great fictional story, for who REALLY is going to get hurt in this situation?
It is that stupid neighbor of yours, who takes no responsibility in his duties as a citizen. It is that sheep eyed fool who drools in front of corporate / state sponsored news programs. It is the apathetic self destructing zombie who voted for Daddy Bush, Bill Klinton, Boy George, Obama…
Celebrate the DEATH OF THE FEDERAL RESERVE NOTE, and the flushing sound it will take with it, for also to be awash in the terrible mix are those who have put their blind faith in all the destructive and tyrannical forces that beset you.
CELEBRATE!!!!
jan Reply:
November 19th, 2009 at 2:28 pm
not D ollar C OLLAR
puppet show and spinal tap Reply:
November 19th, 2009 at 11:12 pm
You aint lived through it yet you Lil bastard. Keep hope alive.
November 19th, 2009 at 12:06 pm
“The Flippin Paradigm Is In Full Swing Of Change”
And you can bet your last nugget of gold, that the jobs lost, are gone “FOREVER” and the economy won’t do any recovering. “Christ Return Is Soon”
November 19th, 2009 at 12:08 pm
The more they wait to dump the dollar, the more patriots will buy gold and silver. Precious metals may be able to finance the revolution. The Revolt against the bankers would be a great catalyst to to launch the revolution.
Rich Wanker Reply:
November 19th, 2009 at 11:25 pm
Ok. You go first. It’ll never happen.
November 19th, 2009 at 12:30 pm
This article is completely wrong.
Events depicted are scheduled for August/September 2010.
November 19th, 2009 at 12:38 pm
Here’s a movie example of what a dollar collapse would do. This is too weird in that it’s so close to possible reality and not some crazy, outlandish movie. You almost get the idea that “they” know it’s going to happen and know exactly how bad it could be.
http://www.youtube.com/watch?v=ju1qdHhdQQk
angelica Reply:
November 19th, 2009 at 11:12 pm
Sheila thank you for sharring this movie.I will look to rent it this weekend but will be honest speaking only for myself I get what a collapse of the $ will not only look like but what we all will have to deal with.Not just those that loose it but many in a very desparate situation and doing things they never thought they would ever do just to make it to the other side safely.Yes it is very concerning but I am going to try and just stand firm through Gods grace we will be all better off when it is all said and done.God bless and especially to those whom dont have a faith.
StarinaNovak Reply:
November 20th, 2009 at 6:56 am
You still have consumer mind. That is the problem. Consumers are lazy.
You will have to become producers.
Buy land before it is too late.
THE REBEL Reply:
November 20th, 2009 at 1:13 pm
Buying land is pointless. Through eminent domain it will be taken from you anyway. Especially if it is reasoned that you are deemed necessary to be dealt with.
November 19th, 2009 at 1:10 pm
John Galt, (or John Gault) was a fictional character in Ayn Rand’s book, “Atlas Shrugged”. John Galt was a man that was a brilliant business man, inventor, etc. He had a some kind of engine that would benefit society greatly. He walked away from society because he got fed up with the Gov’t, ridiculous bureaucracies, redundant processes, general silly people that ran things and made it difficult for real work to get done. He walked away. Society became difficult to get around, move around, and produce things. When people would remark about some silly process or difficult thing an over the shoulder comment would be, “Who is John Gault?”. He became a legend. People hoped for his return and then gave up.
The author is not John Gault. He writes nice little horror stories though.
jan Reply:
November 19th, 2009 at 2:25 pm
ann rand was whore of rothschild
November 19th, 2009 at 1:59 pm
Next Step is RFID 666 Take it or die,no more paper got it gold F gold Until the States make there own money after seceding from this phony Government! and fight the Anti Christ.
The first 3.5 years is WWIII and then the final conflict in Heaven Jesus and Satan then the 2nd 3.5 years and the destruction of this earth when Jesus Intervenes and stops the Nuke and kills the Antichrist and sits on the the Thrown of David in Jerusalem That is our future and those who took the mark will die,physically and spiritually and go to hell in the lake of fire with Satan on Judgement day. Read Revelations your self and use your Imagination and feel the sickness of Anxiety in the pit of your soul and tell me do you feel the time is near? salvation is at hand or ?
Is it all a fairy tale?I think not America is Under the Wrath of God repent Now!
open minded human Reply:
November 19th, 2009 at 2:27 pm
there is no god,
you where born and raised before you came to understanding of whats real and whats not.
brainwashed that theres some imaginary super being thats watching your every move,
sounds like your insane?
your not, i once beleived it. and yes it started when i was a child with a undeveloped mind,
sucking in every peice of information that was thrown at me.
be open minded.
Zipper Reply:
November 19th, 2009 at 3:35 pm
Sorry, but open-minded means willing to entertain other ideas besides your own. What you are is closed-minded. And by the way, The one true living triune God most certainly does exist, and if you maintain your current attitude, boy, does he have a surprise in store for you. As a friend of mine used to say, Sorry fer ya”!!!!
THE REBEL Reply:
November 20th, 2009 at 1:25 pm
You have just become color blind so to speak. Just because you cannot see the writing on the wall, does not mean it is not there. In a world of color blind people it is maddening to convince them that there is something there that they have no sense of. Therefore they look at the one or few that are not color blind as the “kooks” who are experiencing something that does not exist. Open your mind to the fact that (your mind) has a finite ability to process information regardless of age. Now lets look at the fact that there is an infinate amount of information available at any given moment. In short I am telling you that you don’t know diddly squat.
Rely not on your own understanding
Harold Reply:
November 19th, 2009 at 5:26 pm
Mike the Archangel ive kinda isolated myself from tv my friends for quite a while. Everytime I do talk them its the same thing, money ,success, if your not going along with the PROGRAM then youre a loser etc. Im afraid most will not make it. i dont have the Bible quotes in front of me but two kinda go like this “A man thinks hes doing right but all along is serving Satan” “Wide is the path to destruction and narrow is the path to salvation and FEW who find it” Zipper Christ isnt wishy washy and his word stands. Mike the Archangel is right and you Zipper are just another numbertaker/666
November 19th, 2009 at 2:04 pm
Wish these were my words: “Alex is either a Madman or a ConMan. Maybe a little of both. He mixes a little truth, with a lot of fabrication and nothing short of twisting facts. I have half a century of study and experience in the events he depicts and then assigns a ratical deceptive intrepretation instead of understanding that these events are common. He rides the wave of fear expressed in the book 1984, which was a warning of what could happen. Jones panders to those that have little to no historic or personal knowledge regarding the events he presents. Much of his material is out right lies. I notice that people that have an axe to grind or ignorant foreigners eat this up, and there is always the young, stupid and unbalnced among us. I have a big axe to grind with our leaders but I do not feel free to fabricate, nor make wind fall profits feeding on the fears of others. I have no respect for Alex Jones after watching his films and reading his material.”
jan Reply:
November 19th, 2009 at 2:27 pm
get off his site then
LL_THE_LIES Reply:
November 19th, 2009 at 4:03 pm
Sheep…Sorry, I’ll speak your language…baaaa………baaaaaa
exploits Reply:
November 19th, 2009 at 2:29 pm
Then get the f$%@# on down the road. See ya
LL_THE_LIES Reply:
November 19th, 2009 at 4:03 pm
Sheep…Sorry, I’ll speak your language…baaaa….
Rich Wanker Reply:
November 19th, 2009 at 11:42 pm
Yeah, man! Look, everyone here agrees that:
Swine flu vaccine is a one world government plot
Global warming is a one world government plot
Currency valuation is a one world government plot
China is a one world government plot
Israel is a one world government plot
Health care is a one world government plot
Gun control is a one world government plot
Religion is a one world government plot
Hollywood is a one world government plot
Agriculture is a one world government plot
The military is a one world government plot
The news is a one world government plot
The internet is a one world government plot
A gay guy at work is a one world government plot
Your local public school is a one world government plot
The fact that 0.01% of the country reads this website is a one world government plot
Either you agree with these self-evident truths or you just must be a sheep who can’t even appreciate how awesome this world would be by speculating on the web endlessly about what a revolution would look like. I don’t have time to educate you on this. I don’t even have time to coach a kid’s soccer game, because there isn’t enough beef jerky and fresh water stored in the basement.
Thomas Anderson Reply:
November 19th, 2009 at 4:37 pm
You watched his films and still can’t figure out what’s going on?
But you’re here to badger others who appreciate a site like this.
Which “intelligence” agency do you work for?
LL_THE_LIES Reply:
November 19th, 2009 at 8:11 pm
I work for myself no agency. I just read these comments and it’s so sad that good people fall for AJ’s bs. He is a salesman and that’s all. All he gives is 1/2 the truth, how are you so blind?
Rich Wanker Reply:
November 19th, 2009 at 11:49 pm
It HAS to be a one world government plot.
It couldn’t possibly be a tragedy of the commons, an emergent behavior of kings and pawns who at the end of the day will tell themselves individually that they were doing right, even if it was merely caving to political or social pressures.
Since it is a one world government plot, where is the line drawn between those who are actually in control and those who’ve merely been promised a seat.
For example, Dr. “Just get your damn flu shot”. I’m sure she’s well paid to spout nonsense about mammograms and vaccines on Good Morning America. She’s probably been promised a “seat on the boat”, but she won’t get one. She’s been lied to as well.
Where is that line?
THE REBEL Reply:
November 20th, 2009 at 1:39 pm
LL_THE_LIES you are in serious need of a reality check. Niether you nor any of the accused have done anything to discredit Alex Jones, Allen Russo, or any truth movement persons alligations. Reason being you cannot. Reason high ranking officials will not is because the will not expose themselves. The moment they acknowledge the subjects being presented they will ignite a powder keg of social dissent not seen since the French Revolution.
Think about it. The Obama administration has openly sought out any persons or organizations spreading lies about him or his policies especially health care reform. Yet Alex Jones is not silenced, sanctioned, or even publicly discredited. Ask yourself why.
May you come to the light
November 19th, 2009 at 2:23 pm
i am sad
Rich Wanker Reply:
November 19th, 2009 at 11:58 pm
But at least you’re open minded.
November 19th, 2009 at 2:24 pm
I have seen document saying usa will get the euro as there currency
Rich Wanker Reply:
November 20th, 2009 at 12:00 am
I saw a blueprint for a perpetual motion machine.
The one world government plot made me forget that I saw it, though. Because if energy became free, then they wouldn’t be rich.
November 19th, 2009 at 3:14 pm
the story is just an EXAMPLE of what might happen seen through the eyes of one man. it might not be that bad or it could be worse, we dont know because we cant see the future. but if we use our brains and a little commonsense we can figure that things will never be the same again. we are in a time of unprecedented change and there is no denying this fact. i am grateful that there are people who are waking up and seeing reality for what it is and are trying to express their views the best way they know how. take off the rose colored glasses and take a good look at the world around you. we are in some deep s--- and no amount of denial will change this. gear up and get ready or just sit there wondering about the credibility of the author as the world goes to hell in a hand basket.
in the woods Reply:
November 19th, 2009 at 4:31 pm
Credibility is the word,. what a person is made of. Being a old dog seeing the world befor credit cards. The 1950s we didnt have much but a hand shake your word is like gold. Times are a changing but what is bad is the people who drive fear into others. You got to fine the good side of things just like 911 the good they stop all those airplanes from flying it was really nice ,not hearing or smell those stinking airplanes. It wont hurt for everybody to slow down an take the time to build a good meal an injoy the small thing in life. The world isnt going to hell its changing we can only hope fear and the people who use fear to drive there point of view will learn to injoy just the time they have an stop being scared. Iam looking forward to planting food next year that well be worth doing and giving some away.LIFE IS GOOD BE HONEST TRADE FAIR
November 19th, 2009 at 4:07 pm
Nice work of fiction.
Is this going to happen? Who Knows? Anything is possible.
I just seriously doubt things will get that bad.
And if they do, well the world will keep on turning.
November 19th, 2009 at 4:30 pm
New medieval times are coming!!! Brace yourself for new dark ages!!!
November 19th, 2009 at 4:43 pm
I don’ think tihs story is overly fictionaL AT ALL.
In fact I wouldn’t be surprised it’s leaked, as it is part oftheGLobal Elites relgion totell us what theyintend to do, it’s just always suggested covertly, and because we are lsightly al\sleep hypnotised gently each day it doesn’t quite register us into action but it is downloaded. And s they covered their asses..
I’m a gambling man, and I’d drop the house the kids and my own private spaceship on a bet that this is exactly how it will happen, maybe even before xmas, if Ukraine plague and Baxter work their magic.
November 19th, 2009 at 4:46 pm
oh shame that under FEMA laws, it is illegal to buy or sell gold. And all Gold becomes property of the Government – Another great scam frm the boys at IMF, yeah funny how they sold alot of their gld this year and suddenly the price jumps as the dollars is crashing out just becuase China want the one world CHIP…
dude Reply:
November 19th, 2009 at 6:53 pm
you can buy gold bars on ebay
November 19th, 2009 at 6:02 pm
this story was more exciting to me as gunfire was unloading behind my house and its pitch black out with pouring rain. deer season opens sat but who would site in or see who knows. i like it.
November 19th, 2009 at 6:22 pm
Unbelievable the Us dollar drops 10% and you guys are calling it armagegon?
What AJ has left out of his fanciful tale is that when the US dollar drops it makes american goods more affordable, you should pray the dollar drops more, then people would buy American and you would have your jobs back from the Chinese.
November 19th, 2009 at 6:26 pm
No matter how you hack it, it’s realistic. I see nothing in John Galt’s scenario that’s lacking in logical consequences of conditions with which we now face as Americans. I’ve lived in third world countries (even the better one’s) and these kind of events can be normal operation procedures of the daily lives of the people residing. IT CAN HAPPEN HERE !!!!!!!!!
November 19th, 2009 at 6:47 pm
heres a recent real development, Asian economies are taxing investors who are trying to get into their currencies because they DON’T want their currencies to go up.
WHY because they will lose exports and locals will stop buying home made and start buying from overseas which means their country gets poorer.
A strong dollar is good if you want cheap prices of chinese made TV’s at wallmart but crap if you want long term prosperity for your country.
The last time the Us dollar fell the english were getting on planes to go on shopping holidays to the US to buy designer clothes and jewelery, thats the difference with third world countries is they have nothing to sell and commodities are sold in US$ so when their currency falls they can’t buy oil or anything else.
For the US it doesn’t matter.
dude Reply:
November 19th, 2009 at 6:47 pm
http://money.ninemsn.com.au/article.aspx?id=973716
November 19th, 2009 at 7:59 pm
Over many years we have all been lied to by our Governments… But not just our Governments but many religous leaders. Many things we have been taught are not even in Scripture and millions have swallowed so many lies by these false prophets. If you are a truth seeker please visit the following web site and take the time to read some of the articles… You will be shocked.
A new audio has been added to the site for you to listen to which will save you reading many of the articles.
http://www.2besaved.com
Blessings as you seek truth
Ben
November 19th, 2009 at 8:12 pm
And seeing the stunned look of disbelief on a sheeps face.,…………..priceless!
November 19th, 2009 at 8:34 pm
the one big thing I dont get is if everyone is so sure of themselves just Buy Gold GLD and Short the Stock market or Buy PUT Options to get rich in the crash.
If you realy truly believe in it and are “informed” than yo uhave nothing to worry about and can get rich by short selling and buying put options instead of keeping in the US Dollar.
November 19th, 2009 at 9:24 pm
I PROMIS THIS IS NOT OUT OF THE ?????!!
WE MUST STAY ALERT!
puppet show and spinal tap Reply:
November 19th, 2009 at 11:19 pm
Most people aren’t even aware let ALONE aLERT!
November 19th, 2009 at 10:30 pm
Decent fictional piece. The only point I would have changed is that if such a scenario occurs on that day gold most likely will be between $3000 and $5000 an once before a bank “holiday” is declared, not $1500.
November 19th, 2009 at 10:32 pm
Nice story, but fictional nonetheless.
Do you want to know how the US dolar is going to die? Let me put it simple: it will be slow but steady and nobody will notice it until it’s too late. It won’t take a day or two, but a couple of months (if not more) and the depreciation will be so gradual and so steady that no matter how the US tries to save it, it will still be doomed.
Heck, even my country (which is an emerging economy) already has strengthen it’s currency against dollar and exporters are panicking already with a cheap dollar. Fortunately we have more business going with Asia and Europe than the US and it would only take us to change the export currency to Euros to be a bit immune (obviously not entirely) to the dollar crisis.
November 19th, 2009 at 10:59 pm
There is a good video on the rise and fall of the dollar at http://forecastfortomorrow.com/news
I think gold has gone up too much. As a trader there is something fishy with the dollar.
I see it gaining strength this week…and ready to pop.?? time will tell.
November 20th, 2009 at 12:35 am
For the antichrist to seize power, there has to be a unified currency. Unfortunately, the back of the American dollar has to be shattered in order for this to occur. War, unrest, famine has to take place in order for the antichrist to restore peace and gain the hearts of millions. Watch the dollar fall, the antichrist will rise. http://www.hardrite.com
November 20th, 2009 at 4:47 am
The timeline of this fictitious scenario is not only conceivable but realistic. It could come down with a whole lot more public panic and chaos than what Galt is suggesting at any time.
Here’s what Marc Faber had to say in a Bloomberg interview on September 24, 2009-
Marc Faber “…The Hour of Truth happens one day, now I don’t know when it’s gonna be, tomorrow, or in 3 years, 5 years, ten years, but the next crisis will bring down the entire capitalistic system.”
Bloomberg interviewer: You’re so sure about that?
Marc Faber : Yes. Including Bloomberg, myself and everybody.
November 20th, 2009 at 7:03 am
Economic collapse is not new idea, but there is no need to be affraid.
It is obvious you are trapped in US, and they are using it to make you scared silly.
A term “War on terror”, is used every day, with other words, to remind you of 9/11.
You have to start thinking out of a box.
Wake up …
November 20th, 2009 at 9:22 am
First few comments=intelligent(usually)…….Next few comments=Jesus is comming and Bible garbage………..Next few comments=personal attacks about farts,sex,people being f---ers and retards…..Next few comments=back to the subject ……..EVERY PAGE IS LIKE THIS!!!LMFAO!!What a joke…
November 20th, 2009 at 9:26 am
Ohhh,…..wait…I GET IT…Write a story,then watch people panic.Then the Christians quote out of the Fairy Tale Book,then when people with a brain and common sense tell them to shut up,they fart,call people assholes and motherf---ers because they don’t believe them,then get back to the subject….NICE…
November 20th, 2009 at 10:44 am
Its like the titanic hit the iceburg and is sinking fast and instead of getting in the lifeboats yall are bitchin at each other, the ship is not coming back up people. margarita island is full of opportunity cheapest cost of living in the world, 4 cent a gallon gas free health care no taxes, no hurricanes, all food is organic by law. for more info check out http://www.escapethestates.com I have plenty of references from people I have moved down here, jump on the underground railraod and find out what it is like to live in a country that has alot more freedom then the united states. Put your money in a different currency and get out with it and dont look back. soon the dollar will be worth nothing, then you are stuck like a turd in the toilet. thanks for listening, if you need help contact me, My wife and I have plenty of knowledge about living here on margarita island we moved here 3 years ago with 3 small children and 3 dogs. We had to get our kids away from the toxic foods and environment. We can help you escape the states no matter what situation you are in. We can also save you 30 to 40% off your airline tickets to the island.
November 20th, 2009 at 12:41 pm
Too bad I’m too young to retire….still have to work.Bummer………..