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    Tom Petruno
    Los Angeles Times
    July 12, 2008

    In a modern financial system, nothing is more frightening than a run on the bank.

    economic crisis   When faith is frayed
    economic crisis   When faith is frayed
    economic crisis   When faith is frayed

    The U.S. now has suffered through a series of them, and they are escalating in size and scope — posing a serious threat to the already reeling economy.

    On Friday, rumors swamped financial markets that the federal government would be forced to step in to aid mortgage-finance giants Fannie Mae and Freddie Mac, which together own or guarantee $5 trillion in U.S. home loans.

    In Wall Street’s version of a bank run, investors drove shares of Fannie Mae and Freddie Mac to 17-year lows, signaling a gnawing lack of faith in the companies’ ability to survive rising mortgage defaults without government help.

    Later in the day, regulators took over IndyMac Bank of Pasadena, saying the $32-billion lender had collapsed under the weight of bad home loans and withdrawals by spooked depositors. It was the second-largest bank failure in U.S. history.

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    Comment Rules

    48 Responses to “When faith is frayed”

    1. dan Says:

      the beginning of the end!

    2. richard Says:

      the snowball is building. Dow drops the greatest since the great depression. millions of homes are now vacant due to forcloseres. Now banks are getting run and there is projected for 6000 banks in the next 6 weeks to fail. Soon There will be no acess to currency and we wont be able to pay our billls not for a lack of money but that we have access to it or a means to send it or recive it. If the banking industry callapses are a whole. They will shut down the power, electricy and gas and the stores will be empty. This might be like this for weeks or months. Roiting in most major citys will result causeing enoumous damage and in the small towns people will steal to feed there family. This will cause hyper inflation due to the goverment haveing the print money to get cash in peoples hands so they can buy somthing. Somewhere around the riots there will be martial law inacted and this is only if we don’t attack iran. Iran could be used as a reason to blame all of our problems on. That way we can say “the iranians did this, lets get them” that way the fed can’t loose any face. They will say “It was all alqeada, iran and those people not paying there loans”.

    3. dino bohlman Says:

      WELL!! praise God, I say! A HOLY GOD IS JUDGING THIS NATION THRO THE CROOKED BANKS, AND THE CROOKED FINANCIAL INSTITUTIONS HERE. And by the way, the stupid sheep in this nation are more of the problem than the banks, no one owns anything anymore, it all on credit, so bring on the ” greater depression ” SO WE CAN TRUST GOD, NOT GOV. peace to the remnant, war to the remainder. dino.

    4. geronimo Says:

      i think we should prosecute alan greenspan and every neocon involved in this rapid decay of the usa

    5. Christar Says:

      Too bad we don’t have industry anymore in America, then maybe through hard work, we could recover from this financial crisis. But I guess everytime any company in America begins to be successful, they immediately transfer all their operations over to China. Will China ever reach critical mass and stop functioning? Like when every country in the world collapses from the trade deficits they create from their slave labor? Who will they sell their ultra cheap Chinese products to then? Themselves? I hate China.

    6. Beltran Says:

      America has lived very gluttonous for a long time on the backs of child slaves in very horrid conditions so that we may enjoy and flaunt our Air Jordan sneakers and all the rest of our ‘gear’ for vanity. We all know it and we ignore it. Ignorance is not bliss, it is stupidity on the ignoramus’ part. The time has come for the scales of justice to tip over. God’s Divine Justice will manifest itself in order to break everyone so they might seek Him. Even if it takes $20/gallon of gas, He will show that He is the Almighty God and all faith must be in Him who is in Christ.
      God has left it all prophesied so no one will be able to say they didn’t know.
      ISAIAH 55:6- SEEK THE LORD WHILE HE MAY BE FOUND; CALL ON HIM WHILE HE IS NEAR.

    7. Elle Says:

      watch this…holy s---!!!

      http://www.youtube.com/watch?v…..re=related

    8. sparkles Says:

      Help me Sign this ANTI – Fluoride petition

      I am a 27 yr.old wife an mother of 5 beautiful children,whom I adore and want to keep healthy an safe from all harm.Seeing that fluoride is in our water it is hard to do that.I am here trying to inform others about fluoride and the extremely harmful effects of this product. I was sickened to learn all the crap that it causes,such as holes in the brain,thats right it eats away your brain,along with so much more.You can see for yourself at Fluoridealert.org/..You will be alarmed at all the effects it has on us,but yet why do they put it in our water??Good question I have my own beliefs on this.Please join me to stop this madness.It will take all of us to stop it…

      http://www.thepetitionsite.com.....ide2gether

    9. Yeshiva boy Says:

      This week will definately be very interesting to say the least. I suspect Lehman brothers, fannie mae, freddie mac will go under. Next week, wamu, bank of america, Wachovia and citigroup

    10. Bob Says:

      Hang on for the great ride coming very soon, and have faith in our Lord and Savior Jesus Christ, and your fears will go away. He works for me and He will work for you. Just give Him your troubles and He will shoulder them……that’s all you need to do – everybody – have faith in Him. It is a gift and nothing that you have to earn – get it?? Good!

    11. luke Says:

      Sorry Bob, but the lord isn’t going to feed your family now is he?… If you haven’t starting getting ready for America’s next depression you should be. Science has the best track recond of any belief I suggest you start looking into it.

    12. Donna Says:

      I too believe that we are in the midst of the great fall. For all of you that have some cash that for whatever reason or another isn’t in gold and silver, I urge you to consider opening a bank account that will hold your money in a foreign currency of your choice. An American bank that will do this is Everbank ( Everbank.com). It is very easy to open an account with them. Probably, the safer option would be to get your cash out of the country all together. You can do that at HSBC (Hong Kong and Singapore Bank). They have locations all over the world. You can open an account at their Singapore bank by taking their application which you can obtain by contacting them through their website (www.hsbc.com.sg) to a branch in this country to have your ID verified, and then mail the application to Singapore. I hope that this info will help some of you before our dollar is truly worthless.

    13. Steve from Ohio Says:

      Some people say that the dollar will crash.
      I say that since the dollar has lost 98%of it value since 1933, the dollar has crashed already and all the FED was doing for the last 75 years was managing the crash so people would not lose all faith in the dollar. They have done a pretty good job of lying to the world for 75 years.

      The ONLY thing we have learned from history is that we never learn from history.

      Our founding fathers specified gold and silver as currency because they experienced a fiat money system first had. They knew the dangers and knew that real money was the answer.

      May Alexander Hamilton and all the pro central bank pro fiat money people rot in hell. They have cause untold suffering for billions of people throughout history.

    14. Steve from Ohio Says:

      First Hand

    15. TOM Says:

      Sparkles, just a suggestion. Buy a water filter and move on, the amount of time you spend on that e-petition (which are completely ignored by policy makers) could be spend learning about other ways to protect you and your family from the other attacks.

    16. JonTheSavage Says:

      luke, my religion dates back 6,000 years before science. Christianity has a MUCH longer track record than science.

      You are counting pixels when you should be looking at the screen, and the world around it.

    17. subterfuge27 Says:

      I find it funny how everyone just parrots the words of Dr. Paul. You sound as sheepish as the people you tend to make fun of. You simply repeat these words, but did you ever investigate them? Have you ever actually read the Constitution?

      What the Constitution actually says is “Congress shall have the right To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures” and the only mention of gold and silver is when it states “No State shall… make any Thing but gold and silver Coin a Tender in Payment of Debts”.

      I see absolutely nothing which limits Congress’ ability to print paper Treasury notes, which the Founding Fathers themselves did to get through the Revolution. “Congress shall have the right to coin money” was not telling us that they can only make “coins”, coin was a term similar to what we would refer to as “mint” today, a verb meaning to manufacture money. This provision was put in the Constitution not to limit what Congress could call money, but to stop the bankers from getting control of the issuance of money. It was meant specifically to safeguard against the Fed and the other central banks we’ve had in this country.

      Don’t you get it, a gold standard would mean the United States would need to purchase gold to either back paper currency or to actually melt into coin. Where are they going to get this gold? Not from Fort Knox, that was seized as collateral in this bankrupt corporation a LONG time ago. It would need to be purchased FROM THE CENTRAL BANKERS, who hold 90% of the world’s bullion. If we throw off the bonds of these bankers, do you really think they’ll just turn around and sell us the gold at a bargain, or even at fair market value? Does that sound like international bankers to you?

      Ron Paul is a great man, a champion of the Constitution and Republic, to be sure. But on this point you’ve all just gone along for the ride and not thought it through. You make fun of the populace for not researching and simply repeating what they hear, how is this any different? It’s like you’re just switching cult leaders instead of deciding to stop following and start thinking.

      Gold has as much value, in essence, as paper. The benefit to gold is that people around the world, throughout time, have put their faith in gold as a means of exchange. But if the dollar collapses and the depression hits, who is going to accept your gold as payment for food or anything else for that matter? Not me, I will only exchange my goods for things of value, and if I cannot use it or readily trade it to someone else, I wouldn’t accept it as payment. Who else will? You are all going to be left holding gold coins and you still will not be able to purchase anything with it. My suggestion is to buy things of real inherent value, like food, and use that to barter when the collapse comes. If there be no food on the shelves, or the price is too outrageous to pay, food will certainly give you the bargaining power to make deals and stay alive for awhile. Gold is not such a sure bet. You cannot eat it, and there’s no guarantee it will be able to aid you in any way whatsoever.

      Besides, as you’re all buying gold, you’re helping to push the price up further, which is simply making the bankers’ assets more valuable. Nicely done.

    18. Dr. Economic Says:

      Folks please pay attention:

      1. Sell everything you do not need right NOW (you won’t be able to later)

      2. Get with friends and family and “pool” your resources so you can by 1 to 4 acres outside of high population but still close enough for you to get to

      3. Use your credit cards (no interest / no payment for one year on many) to buy materials to build a cabin on the property (you can also buy old single wide trailers for next to nothing) three or four of those can work great ( a friend of mine put four of them in a square with the center open to serve as a “gathering area”.

      4. Get ready, buy dried goods, water purifyer, hand tools etc. so you can be self-sufficient

      5. Buy some guns and PLENTY of ammunition so you can defend yourselves.

      6. GET READY! GET READY! GET READY!

      http://www.theamericanvoice.com

    19. Bigfishireland Says:

      Even though we are going to enter into the most difficult period of man-kind , most humans will still prefer to believe in another way out.

      We are all destined to die!! at some stage !! but God has made away for us through his son Jesus, and if we firstly repent of our sins, accept Jesus as Lord of all , we shall inherit the kingdom of God. I know most people dont like this , but it is the only truth you are going to hear !!

      When this depression hits very soon, The God of Money will disappear !!

      Who gives us the breath to breathe everyday!! We take everything for granted!!
      We all think we are invinsible, but it is only God’s grace that gives us another day.

      Most materialistic Americans need to start to kick Pride into touch and start to humble themselves just the way my Jesus did.

    20. RICH Says:

      subterfuge #18………….excellent post i might add………..i never really thought of it that way and thanks for putting a view with a different angle on the topic of gold…………………….but
      do you really think that this country is going to EXPERIENCE a complete collapse and therefore an even greater DEPRESSION???????

    21. anothervictim Says:

      subterfuge: MY THOUGHTS EXACTLY!!! THANK YOU!

    22. rebel Says:

      Subterfuge, the gold reserve prevented the government from overspending. The fractional reserve protected the value of the dollar. The two reasons for inflation government spending and issuing to much paper money is protected by the gold reserve. The only president to balance the budget had to eliminate the central bank, Andrew Jackson. Our constitution did protect us from the central banking system, when we used the constitution. Bush said, “the constitution is a GD piece of paper”. Gore said, “the constitution is a living and breathing document”. I say, “it is the law of the land”. At least Dr. Paul has real change in his message, not the same puppet talk of the mainstream politicians.

    23. Porky pig Says:

      …Ah-bdi… Frayed ?!? How about about fried or afraid s---less !?!

    24. Morpheus Says:

      Yes I can see these antichrist devils now looking at their television news stations showing people making a run on their banks like scared rats running off of a sinking ship!! I can see them laughing their heads off in approval as they are schitzophrenic/paranoid/sociopathic and evil monsters who love the suffering and the misery of the masses!! I can see them now saying “”It is all ours now!! We have won the game!! We have won the endgame and the whole world is ours to enjoy while these little meddlesome bugs will be squashed!! ahahahah!!”"

      BUT THE GREAT GOD OF HEAVEN WILL INTERVENE AFTER HE HAS TESTED THOSE WHO LOVE HIM TO THEIR DEATHS!! HE WILL REWARD YOU THEM WITH AGONIES THAT IS BEYOND ALL HUMAN COMPREHENSION AS THEY PAY AND PAY AND PAY FOREVER AND EVER!!

      As we are living like gods and goddesses on the renovated Earth when our Lord and Conquering King Jesus returns with his Mighty Angels from heaven!! And gather them all up in hours and have them BEFORE OUR ALMIGHTY FATHERS GREAT WHITE THRONE !!!

    25. Swissjack Says:

      i like what Subterfuge has to say in post 18, but there is a bit more to say about gold and silver. basically what you do with the money you have now should depend on the amount you have. for sure a stock of non perishable food and clean water supply should be the first priority. but rather then leaving money in a bank, you are better off investing it in gold and silver. silver coins could be useful for barter, while gold bullion is easy to stash. after all its a basic fact that 1 onz of silver got you the same amount of gas at the pump 20 years ago as it would today when. so if u have money left after buying the essentials of life, then gold and silver is no bad idea

      but the point about taking the isuance of money away from the private bankers is totally true and so necessary. i would go even further though and confiscate the fort Knox gold from the international private bankers to be used for the issuance of a gold and silver backed debt free currency. that gold was stolen from the American people so let them have it back. while debt free money will enable the government to start paying off the principle national debt, not just the interest on it.

      there is a most interesting film on google about the whole history of money, called the money masters. it’s quite long but very interesting. it shows how a whole nation was tricked by a few powerful bankers into giving up the power to mint money to the same group of powerful international bankers. people say there is no quick fix to the current financial problems in the world, well this would be a great first step. then maybe reduce military spending by a few % and use the saving to invest in infrastructure and production facilities at home and the standard of living could go up for all.

      mind you as long as the msm is in the hands of those same private bankers it will be very hard to change anything for the better. as we can see now by watching Obama, he seemed like a real caring human being in his campaign for the democrat presidential nomination. but now he starting to sound just like the rest of the hypocrites in government.

    26. Jim S. Says:

      Of course there will be a Depression! We are seeing the end of the western banking system right before our eyes…….It is all just a house of cards! My guess is they will have to start over with a new money system (the Amero), because the U.S. dollar is finished.

    27. Badger Says:

      First and foremost, the religious side of this debate. Saying believe in christ as your lord and saviour, and he will save you, lead you to heaven, take away your pains, In what has a good chance of happening in the very near future. God, nor jesus wil save you, and besides, if you take a step back and think about it you wouldn’t want to be saved. Look at it like this. The world as we know it is gonna change in a way that some people are pretty smart when they say buy a damn gun, ammo, yadda yadda. If not, one of two things is gonna happen. You and your family are gonna get shipped of too a consentration camp. Where… you all are with out a dought going to suffer, die, or watch other people die in ways you’d probably not wanna think about. Or Ted from down the street is gonna walk in and straight up take what you have and mabey kill you, to far… far worse things. To you and your family. Now like I was saying why would god or christ saving you and taking away your pain NOT be a good thing. For that to happen, going to heavan would be like having a frontal labotomy, and being injected with large doses of psp for eternity. I’m sorry to say but nothing short of something like that is really gonna make you a happy you for eternity. Cause some dude putting you in a place that forces you to be happy… forever, is a lie, and like brainwashing.

      Now for you gun toting idiots… don’t think I forgot about your lot… lets be honest. If this happened, really did happen,do you honestly believe that scurying into a hole is gonna save you in the least…? Really? Yea if that happen you’d rather die fighting than become a modern slave, I would to. Specially for whoms slave I’d have to be. And most of you trying this would easily crack under the pressure of living like this. Sorry, but people today for the most part… couldn’t do that. Mentally they’d go bat crazy before it would be safe to restart and re-build.

      Sorry, but if this happens, to the extent of in which it… could easily happen. I’m sorry to say, it’s gonna suck…. for pretty much all of us. I can’t describe something like this cause I don’t believe an horror of man on this scale has happened yet. If anyone survived, and man continued on, this era in history would more than likely be rubbed out. Out of shame. Not because of the elites that cause it, but for the masses, who sat down and let it happen. And not even as a show fortitude in what they believe. But because of the willing ignorance and unwillingness to stand up against something that is wrong, and IS a threat.

      So what do I say to do, if neither god nor hiding will save you… Stand up. Find a way to keep your lives as a whole, not just yours, don’t be selfish like that. But everyone who will be a victim of this. Don’t abandon anyone who can be of help, By our selves we will fail, a million groups of 8 people will fail, god will fail. We all need to stand up, we all need to do this. We, the people. Don’t wait for that guy next door to start it, or the lady across the street. Mabey you, could be the confidence they need to stand up also, So if you really wanna do something to prevent this from happening. Stop thinking of what to do when it comes. Stand up now… and as the people, keep it from happenening,

    28. Badger Says:

      O and sorry for any and all typos, and grammatical errors,

    29. roaddog Says:

      I’ll trade anyone a tank of gas for a couple of cans of spegettios. Who needs money.Your money ain’t no good. The barter system is the new way. I’ve got something you need-you got something I need. whats the problem. Its gonna be a big flea market.

    30. Cris Says:

      re: #18. Gold holds its value in a depression, even though people can’t eat it, because it is an economic scarcity. So you start with barter. And pretty soon from that you need a medium of exchange. I’ll explain. I have a cow, and you have a goat. I want the goat, but you don’t want the cow. Some other person does. Or maybe a cow is worth two goats, and you only have one. And I can’t exactly cut the cow in half. Thus we move from the barter model, which is not very flexible, to a barter system with a medium of exchange. I barter the Cow for your goat and some gold. I can take the gold and “barter” the gold for something else. It doesn’t matter what the medium of exchange is, but some things work better than others. For examples, leaves wouldn’t work cause I could just go and rip more of some trees. The medium has to be scarce and irreproducible. Thus gold works. But so would platinum. Or in the old days, frankincense, or Myrrh. Paper money is crap because you can just keep making more of it. It’s like the leaves if you made picking leaves of trees a criminal activity (unless a central banker did it). This is basic monetary theory. Economics 101. The medium of exchange will be created. It’s the inevitable step up from barter.

    31. George Washington Says:

      Swissjack Comment #26. There is no gold in Fort Knox. Least you forget, that when Franklin D. Roosevelt confiscated the gold back in 1933 and paid the citizens who held gold a price of $20, he then re-set the price at $35. No American citizen was allowed to purchase gold, with only a few exceptions such as collectible coins. He knew that the country was pretty much even at that time going broke. So, he allowed foreign countries and foreign investors to purchase gold from the United States at $35 an ounce to attempt to put revenue back into the government, in doing so depleted our gold supply to basically nothing.
      Fort Knox is a tourist attraction at best, and a diversion for the masses of uneducated citizens that live here who don’t realize that this is the exact reason why many many economists laugh when Ron Paul and others say we should have a gold standard. We own no gold, so who would back the gold? Yep, that’s right, the Federal Reserve Bankers that own all the shares of the 12 banks that are the Federal Reserve System (a system of fraud and a scam). We’d be right back where we are now, and even worse.
      We have a bazillion tons of silver though. John F. Kennedy tried to put 4.2 billion dollars of silver backed United States Notes (interest free and debt free real money) into circulation to help us to not borrow as much debt from the Federal Reserve Bankers, but they didn’t want their monopoly to be compromised, so they killed him in front of the whole world on national television and have since silenced every political opponent to it ever since.

      Gold won’t work anymore as a currency backing. At least not in the interest of the American people.

      We all know what’s going on, so who will be the first to draw us together? Or do we just blog back and forth until they take over the internet too????

      Or is everyone like most about this peril we face, telling people like us who already know, more useless quotes, and already known information, but won’t say a word outside their door because they think that they’ll be listened to and taken away?

      We have failed as a people of a once great and fought for nation who’s forefathers conquered these same bankers 200 years ago. But, we let those same bankers back in the door, want to know why?

      Because they used religion, kids, abortion, war, the flag, patriotism, schools, race, class, and television to separate and divide all of us so we’d do what we are doing here.
      Arguing about issues and questions that have no importance to their agenda. Keeping us distracted with arguing so we never band together.
      Rules of War are simple, divide and conquer. They divided us with all those bulls--- issues and now they are conquering the land that once threw them off our continent.

    32. ERADICATE powers of darkness! Says:

      http://www.veritas144k.com

      Summary Outline of Sequence of Events until the End of Time

      “Now all these are the beginnings of sorrows” (Mt 24:8).

      The warning foretold by Jesus started with the Tsunami in 2002.

      On the Social/Geo-Political/Economic side:
      The present world recession of 2008 is leading to a world depression.
      The depression spreads rapidly to regions in the ‘developed nations.’
      The depression will cause bank foreclosures and bank closures.
      The world depression will degenerate into the dreaded ‘Great Tribulation.’

      Accelerated global conflicts with ‘alliances’ of governments and alienation.

      Conflicts escalating until all of the Muslim forces are in place.

      On the religious side:
      The disrespect for God and for His Word is universal.
      Over 1,000 different Christian churches, each calling themselves ‘Christian.’
      The people of Christendom are defenseless.
      The churches of so-called ‘Christendom’ have all abdicated their responsibility to serve God.

      The false ‘religion’ of Islam, a monotheistic cult, denies the existence of the Holy Trinity.
      This Muslim militaristic religion is ready with it’s army of 200 million to invade the earth.

      There is one event which is stopping the final battle, and that is Israel.
      The reclaiming of the Ark is a pivotal event in the times of the end.
      This event is known as the ‘third woe, and the seventh trumpet.’
      This event heralds the onslaught of the Great Tribulation in global terms.

      The 400 mile (700 kilometers) wall protecting Israel will be collapsed.
      The Golden Dome, and the Mosque and the ‘Wailing wall,’ will also be collapsed.

      The hostile nation of Islam, and the ‘Unholy Alliance’ will invade Israel.
      The Lord will utterly destroy the Muslims and the Unholy Alliance.

      Finally, the Kingdom of God, will be returned to Him by Christ Jesus.

      “In the good day enjoy good things, and beware beforehand of the evil day, for God has made both the one and the other” (Ec 7:15).

      “Loose the four angels who are bound in the great river Euphrates. And the four angels were loosed, who were prepared for an hour, and a day, and a month, and a year, for to kill the third part of men. And the number of the army of horsemen was twenty thousand times ten thousand” (Apoc 9:14-16). That number is 200 million, an easy number to achieve out of a Muslim population of 1 billion, plus the members of the ‘Unholy Alliance’ of Russia, China, N. Korea, India, plus the entire Muslim world.

    33. To uphold the U.S. Constitution Says:

      It appears the Zionists bankers/Jews via their evil greed and deceptive practices have managed to destroy nations…soon the world, too, will be nearly knocked out because of these few Zionists here and there dictating to the world a new order based on making money from nothing and charging interest on it to break nations…every person on the face of our planet who were scammed from this banking fraud and know this should be out on the streets protesting this grand deceptive scam! Our government invents so many forms of taxations that only are created for the sole reason of acquiring more of the wealth of citizens to hand to the Zionist Jewish bankers who are planning yet another 911 tragedy!

    34. David Says:

      Afternoon, I have a question. I have been purchasing gold and silver as well as food and practical items that have value during dark days and days of sunshine and lollipops. The last 8 to ten years, I have been saving my coins under the following premise: During dark days paper will only have value for a week or two (in general), coins although worthless will retain some value with the general public because a high school kid can’t mint them on his PC and the sheeple will cling to the familiar reference. Whadda think of my rational?

    35. To uphold the U.S. Constitution Says:

      Comment to #33: Why are Muslims viewed as evil when it appears that the NWO has targeted them…cast the first stone on their land, oil, family and homes…? You said it yourself, they are monotheistic…believe in One God. Prior to the creation of Isreal, real Jews(not Zionists), and Arabs/Muslims actually got along. It appears at times that religion has been the bases for numerous unjust wars…divide and conquer…I am sorry to report.

    36. roaddog Says:

      #36 to uphold— Don’t be sorry for nothing. Report the history, the facts and hell- even your free speech opinion. thats what this is all about.What you said in your post is right. Speak on!

    37. Marco - Australian Says:

      So the plan is as follows

      1. Introduce legislation that basically kills of the American Constitution stripping people of their rights
      2. Debase the US Dollar value to a level of basically nothing
      3. Create on the sly the North American Union

      So as the dollar drops the people of America loose their standard of living that their forefathers built for them with blood sweat and tears, people will be demanding a solution from their politicians.

      Now insurrection on the part of the populace in defiance of the economic situation in America will have already been dealt with by the politicians via pre-prepared and enacted legislation such as the patriot act – as such any action or civil disobedience ( defined by big brother) will easily be dealt with by the enforcement of martial law

      Now that the populace is under control introduce a “grand plan” to save America this being the NAU

      By introducing the” Amero ” the powers that be behind it will be seen as saviors of the sheeple and will say to them

      You can have your lives as it was before but you must share it as part of the NAU – now what do we see — the fiat money system still in place and the dollar replaced by the amero used by 3 countries now ( most likely it will include central and south America in the long term plans )

      Why do it this way – because Americans are a proud resilient people and would not accept it willingly except under the harshest circumstances ( that being your babies dieing of exposure and starvation)

      Now as the fiat money system is based purely on debt — with more people living trading etc under a single currency (Amero) it will mean more debt slavery of a larger amount of people to serve the elite few. The more people to tax and serve a debt may mean a stronger valued currency ? ( not sure as I am not an economist)

      so this is how they will gain control

      first it was the eu, next it will be the americas, then it will be asia/oceania – shades of Geoge Orwell ?

      My suggestion — learn to speak Russian embrace slavic culture and emigrate with what little wealth you have left, somehow I do not think that the motherland of Russia will ever be dominated by any force either military or financial – they tried many times in the past and failed — those ruskies are just too damn tough or too damn stupid ( throwing millions of men to their death in WW2 to overcome those foreigners that would control them)

    38. proper perspective Says:

      Elitists are the way they are because the natural ebb abd flow of a preplaced system of selfish greed. The public are the way they are because the natural ebb and flow of elitist money management and societal influences and market practices. both are flawed. None are right, both parties need to “repent” to each other or the continued failures will happen naturally. Self created failure, one side out of intent, which is wrong, one side out of apathy and giving up too much to futility of the possibility of change. No one is right, no one is wrong, your all just misguided in your direction of whos right or wrong. Were all wrong. Only our next choice will decide our collective fates, do we work together, or continue undermining out of greed, power, fear or whatever impitus drives you towards whateverr you choose, it all must equate, as our forfathers and originators intended us to be..civilized and communicating using proper words, not wordspeak and propaghanda’s.

    39. Evil Intent Says:

      Dangit I have made several posts that have yet to clear but the Religion bots (eradicate) and the Fluoride bot (sparkles) are in almost every thread multiple times. If I am getting bounced there have got to be more vociferous posters that are sidelined to an even greater extent.

    40. Evil Intent Says:

      I disagree #39
      The “people” are a necessity. All power, be it a Republic, a Monarchy or Parliamentary system all powers are derived from the people. The people manufacture / produce and create trade that fosters an economy. The “money changers” are, as they have always been, nothing more than parasites that produce nothing, actively protect nothing but somehow are given the ability by the gullible to set the price of everything. Like any parasite they should be exterminated with all due prejudice for the health and continued survival of the host.

      There is NO natural law or cultural ebb and flow that demands a system that is designed to create the cycle of pre-set booms and busts, is based on usury and or derives its value from the imagination of those that control the availability of that currency. Simply put get off J.P. Morgan’s organ because once he is done the best you can hope for is not getting any in your hair or eyes.

    41. Johnson Says:

      gEORGE hw bUSHKIE DEREGULATED THE BANKING INDUSTRY ON HIS WAY OUT THE DOOR.

      HE ALSO SPONSORED THE JUNK BOND REVOLUTION THAT LED TO THE KEATING 5. 1986

      HE IS NOW A CO OWNER OF AND DIRECTOR OF THE CARLYLE GROUP…CHECK IT OUT. HEDGE FUND, PRIVATE-ROYALTY SOVREIGN FUND.

      THEY OWN CSX GAVE THE CHAIRMAN A JOB AT TREASURY UBNDER HIS SON SNOW.
      ETHANOL CAN ONLY BE TRANSORTED BY RAIL. FOOLS

      THEIR GOAL IS TO CREATE ONE WORLD GOVERNMENT. DRAG THE WEST DOWN TO WHERE THIRD WORLD COUNTRIES CAN COMPETE WITH AMERICA – WEST.

      PRIVATE ARMIES LIKE BLACKWATER ARE PREPARING TO RAPE AND MURDER YOUR LOVED ONES…IGNORE THIS WARNING AT YOUR PERIL…AND AT THE PERIL OF YOUR WIFE, MOTHER AND DAUGHTER.

    42. Rick78x Says:

      America’s Epitaph:

      Here lies a nation founded on slavery and the cultural destruction of an indigenous people. A nation Constitulionalized by Hypocritical men, many of whom were slave-owners, Indian-killers and or members of an occult, secret society. A nation mis-led by greedy, power hungry criminals. A nation whose religiosity was instituted and established by an organization of war-supporting pedophiles disguised as priest, bishops, cardinals and popes. A nation of dark-race hating serial-killers seeped in a complex of inferiority, posing as a superior race. A nation professed to be blessed by God, but in reality seeded by the devil. Here lies a nation in ruins, because of its lazy, dumbed-down, ignorant, spoiled, money-blinded, status-minded, sheeple population. Here lies a nation that could’ve been.

    43. citizen Says:

      I’m taking my money out today! All 30 dollars.

    44. The Noble Lie Says:

      Most of us aren’t going to be participating in any bank runs because we have no money.

    45. The Noble Lie Says:

      “There is no right and wrong” is the mentality of the elite. They bring us the wars and then tell us it’s our fault we fight them, to expand their own personal power.

    46. The Anti-Beast Chip Man Says:

      Why are there so many foreclosures!!?? Dont’ blame it on the subprimers!! BLAME IT ON HOW MANY THOUSANDS OF AMERICANS HAVE LOST THEIR HIGH PAYING JOBS TO THE OUT SOURCING OF AMERICAN JOBS AND THE VERY UNBALANCED TRADE POLICIES THAT ARE ALLOWING THE NATIONS LIKE CHINA TO SHIP THEIR PRODUCTS INTO OUR COUNTRY WITHOUT TARIFFS AND TAXES!! And yet; they don’t want to reciprocate and allow our products to go into their nations!! And blame it on the FOREIGNORS COMING TO AMERICA AND TAKING OUR JOBS!! AND BLAME IT ON THE OIL BARONS WHO ARE ROBBING THE AMERICAN MIDDLE CLASS AT THE GAS PUMPS AND BLAME IT ON The evil illuminati/Bilderbergers who are destroying America and Europe INORDER TO BRING ABOUT THEIR NORTH AMERICAN UNION AND THEIR PROCEEDING NEW WORLD luciferic ORDER!!!

    47. LibbyBuck Says:

      f--- this entire system. Let’s go back to trade.

    48. Action Kamen Says:

      hi, It’s me Action Kamen.

      Help me Stop Sparkles’ ANTI – Fluoride petition

      His 27 yr.old wife is a whore and he has 5 ugly children, which I want to keep them away from society because they’re spreading AIDS. Seeing that fluoride in their city water is which I don’t give a crap. I am here trying to inform you about Sparkles and his ugly family spreading AIDS to society. I was sickened to learn all their crap that they cause, such as AIDS in the brain, thats right, AIDS eats your brain. It will take all of us to stop Sparkles and his ugly family…

      P.S. Everytime you sign Sparkles’ petition, God humps a kitten. Please think of kittens.