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World Financial System In A State Of Insolvency
- Text size
Bob Chapman
The International Forecaster
February 23, 2009
The tenor of the gold market has changed. Gold has decoupled from the dollar and at the moment it is not driven by fear of inflation or hyperinflation, but by a flight to quality. What else can be expected when the media reports that governments are deliberately creating inflation to offset deflation? Jewelry demand that normally makes up 80% of gold demand has dropped and investment demand is what is now driving buying. SPDR Gold Trust, the ETF GLD, has added 200 tons of gold over the past six weeks and 62,000 ounces last week alone. We are very skeptical regarding GLD’s gold purchases due to a tight market and no reports of their purchases. They may be using derivatives illegally and if they are and the derivatives fail the owners of the fund will be left with little of their investment.
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| President Barack Obama’s new foreclosure-prevention plan is already sparking outrage from some Americans who won’t qualify for federal aid — and from those who resent having to foot the bill for those who do | |
The US dollar is no longer the premier safe haven, gold is. Gold is finally being recognized as wealth insurance. It has also decoupled from the influence of oil and other commodities. Even Russia in the face of terrible oil prices and one devaluation after another has purchased 90 tons of gold over the past 15 months.
Banks are being nationalized worldwide and people are becoming frightened and well they should be. The world is facing a major depression and banks are broke and being nationalized, and this is only the beginning.
The global financial system is in a tailspin and world leadership in Europe, china, Japan and the US act like the situation is some temporary breakdown. The system is beyond saving and the elitists planned it that way.
We have entered depression, which is stage 2 of the crisis and simultaneously stage 2 of the long bull market in gold and silver. As autumn comes the dollar will have broken to new lows versus other major currencies and gold and silver, as inflation rages. We could be looking at a dollar trading between 40 and 65 on the USDX, dollar index. In 2010 economic and financial distress will worsen. Some countries will slip into chaos. The fabric of society is going to be torn apart.
Today’s financial system is in a state of insolvency. The best example is the highly volatile combination of US dollars and dollar denominated assets and debt. Their problems are shared by most nations, their having copied what the US and England were doing.
These problems unfortunately have yet to be adequately addressed and that is why the situation gets progressively worse. Massive injections of liquidity were used in the 1930s with similar unsuccessful results. How can anyone believe that substituting public debt for toxic private debt is any solution? In the US $12 to $13 trillion has already been injected into the system, truly a mind-boggling amount and that is in just one year.
This exchange of debt is not only foolhardy but it assesses a hidden tax on the public via inflation, particularly on the poor and those who are retired. Minute by minute it steals their assets. The result is that this exponential increase of public debt is making US Treasuries as toxic as the private toxic waste taken in as collateral. It is a massive transfer of wealth from the people to banks, Wall Street, insurance companies and elitist corporations.
The nation depends on the dollar for financial stability and yet everyday it is being debauched. Every nation will suffer, but particularly the US and UK. The nations may be trying to replace disappearing assets, but it won’t work. It is just a temporary palliative and in the end the result will be the same. Moving debt and loss of assets from one place to another doesn’t make it go away.
Fortunately free trade, globalization, offshoring and outsourcing are dying an ignoble death. A death well deserved. There are few dangers of returning to protectionism. It has been a US government policy from 1800 to 1980 and it has been quite successful. You might say in time America will return to normality. We already see our president talking of buying American. British PM Gordon Brown is deliberately competitively devaluing the pound. Mr. Sarkozy in France is subsidizing the vehicle industry as is the US and Japan and just about everyone has a stimulus plan. This is extremely good news for Americans. Now we can again control our own destiny and not be at the mercy of transnational elitist conglomerates, who make 40% of their profits by manufacturing outside our country, importing those goods and then keeping their profits offshore to avoid 33% taxation.
This means WTO will have lost its teeth and NAFTA and CAFTA will die slow deaths. The G-20 meeting this summer will turn into a donnybrook as any pretense of free trade disappears as solutions to worldwide depression is short term. Unemployment by summer will be 20% in the US, 13% in Europe and in the second and third worlds much higher. It won’t be long and everyone will be a protectionist. All will be serving domestic markets to avoid collapse. All nations, some more than others, are facing a crisis of historic dominations. We see the eurozone and European Union breaking apart and there is even a possibility that the United States of America may no longer exist. You can’t imagine how nasty this is going to be.
The seeds have been planted. Mr. Sarkozy of France blames the Anglo-American business model, and wants to limit businesses’ relocation from country to country. Gordon Brown in England wants job priority for British workers ahead of foreigners, including EU citizens. The Chinese want out of the dollar as Mr. Obama prepares an offensive against China’s human rights and trade tactics. Russia blames the US for the crisis and rightly so.
The degenerative process in this phase of disintegration began in June of 2002. That was the point of no return when interest rates began to be lowered and when money and credit was expanded to smother deflation. This time the end of free trade will expedite the process over the next two years.
2009 should begin more accelerated disintegration of the international financial system. 2009 could be the big year of the crash, but it will take a little longer we believe – perhaps 2010 or 2011 – we’ll see.
We see wishful thinking in Europe and Canada. They expect to fare better than the US. That will not be the case European banks are as insolvent as US banks if not more so. Germany’s government, but not the people, wants the eurozone to stay together. More than 70% of Germans want out. They are sick and tired of supporting the rest of the zone, especially Italy, Spain and Ireland, which for all intents and purposes are broke. France stumbles along in an insular manner, while selling off its gold. Then there are the Eastern European debt problems, which Western Europe has to cover. The Swiss are not under pressure. They are concerned about the franc rising in value not falling in value. Canada ships 80% or more of exports to the US. The US is in depression and Canada and Mexico will soon follow. Worldwide trade is about to come to a virtual halt and that means all of the above are in serious trouble. The G7 and G20 talks might just as well be called off – it’s now everyone for himself. You must have 85% to 100% of assets in gold and silver related assets. If you have not done that do it now with gold close to $1,000 an ounce and silver close to $15.00. This is only the beginning of phase two of at least four phases upward in prices. The only way you can financially survive is with these two assets. Everything else will fall 60% to 95%. This depression will be far worse than the “Great Depression.” The fear of fiat paper money is spreading worldwide.
Europeans do not think the crisis will be over anytime soon. They see no visible hope of leadership from the G7 or G20, and only 12% believe the US has a solution. Over 85% believe their political leadership does not reflect their views, expectations, nor a grasp of the crisis at hand. Only 39% believe interest rates should be reduced further. The political and financial interests in Europe are no more responsive than they are in the US. That means eventually the public will be forced to do something about it. That means Europe and Canada will have the same problems as the US. No one is going to escape this one.
For those of you who missed it the Dow Jones removed all stocks in the industrial average priced under $10.00, effectively eliminating the crippled financial sector. Had they been left in the Dow would be lower and would have broken down below 7286. This is just more flagrant manipulation. Almost every day we see it in a number of markets. This week the Fed and the Treasury tried to push the stock market up and the commodities and gold and silver markets down but to no avail. Downside stock market volume has been some 65% of total volume and there are over 300 new lows almost every day.
President Barack Obama’s new foreclosure-prevention plan is already sparking outrage from some Americans who won’t qualify for federal aid — and from those who resent having to foot the bill for those who do…"The government isn’t out there to help people who obey the law and follow the rules."
Mr. Obama "told everybody, ‘I’m going to spread wealth around,’ and that’s what he’s going to do," Mr. Newton said.
The housing measures have also upset a range of homeowners who say they shouldn’t have to subsidize those who bought more than they could afford. "We’ve lived a conservative life," said Tim O’Brien, 61, a retired CPA from Los Angeles. "We’ve paid our house off and saved our money, so you kind of find yourself on this issue not agreeing with everything."
The 30-and-out retirement program persists — a sacred part of the inflated cost structure that makes it unprofitable for Detroit to make small cars in America. Another example: Every Detroit factory still has dozens of union committeemen — the bargaining committee, shop committee, health and safety committee, recreation committee, etc. — who actually are paid by the car companies. This is a "legacy cost" that the nonunion Japanese, German and Korean car factories in America don’t have to carry.
The union, though, shouldn’t bear the entire blame for Detroit’s disaster. It wasn’t the UAW that pushed GM into the home-mortgage market where it has incurred billions in losses over the last couple of years. Nor can the UAW be blamed for Saturn and Saab, two brands that never made money, as GM executives have recently acknowledged. What they haven’t explained is why their company would keep these money-losers around for nearly 20 years.
Southern California — with home prices now at 2002 levels and falling — is at the start of what is likely to be a long period of relatively affordable housing, economists and housing market analysts say.
Home prices are now below their historical average compared with incomes, putting them within reach of more people than they have been since about 2000, several studies show.
But that doesn’t mean prices will stop falling soon, especially if jobs continue to vanish at their current pace.
After soaring during this decade’s housing bubble, home prices recently fell back in line with what people earn — and then kept falling.
The January median sales price for Southern California homes fell to $250,000, a 40% drop from the same month a year prior, the San Diego real estate research firm MDA DataQuick reported Thursday. The price decline was accelerated by foreclosures, which accounted for 60% of sales last month.
Prices have now dipped below the level at which they’d be in line with the historical ratio of prices to incomes in California, said Christopher Thornberg, a Los Angeles economist who is principal of the consulting firm Beacon Economics.
Thornberg estimates the current median home value in California is $250,000. But wages are high enough — and interest rates low enough — that a median value of $290,000 would match historical norms, he said.
"If you’re looking for a long-run opportunity, real estate is getting to that point," said Thornberg, who was an early predictor of the housing crash.
But it’s not at that point yet.
Thornberg believes home prices have another 25% to 30% to drop. They may be historically low, but "in the past four or five months, unemployment has been through the roof," Thornberg said.
Fearing for their jobs, many potential home buyers are putting off a purchase. Others simply can’t buy anything because they are already out of work.
Thornberg forecasts that California home prices will fall until the middle of 2010, when they will begin to slowly creep up.
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February 23rd, 2009 at 9:54 am
Germany is faced with an ominous choice – get out of European Union and try to save its own economy or go for full political unification of the core states as the price of bailing out the EU basket cases.
Popeye Reply:
February 23rd, 2009 at 6:22 pm
Now there’s a big surprise, huh? What did they expect? All the currencies of the world are “fiat” currencies. The world is so economically entertwined that when one fails, they will all fail. The nature of “fiat” currency is that in time, it will always lose it’s value and reduce itself to worthless paper with a value of “ZERO”. In history, every civilisation that used a “fiat” currency always failed when the value went to zero $0.00. The international banking business is a giant Ponzy sceme and all our politicians did what they had to in order to get a piece of the action. Watch for a new currency or possibly a “cashless” system of control. But, it will be a number of years of suffering before “they” hold out the “carrot on a stick.” But, just remember, whatever they offer, it will be worthless and it will come with a horrendous system of control.
general Reply:
February 24th, 2009 at 2:07 am
They are only nationalizing the banks to redirect our rage from the scum bankers and onto someone who can control us with a military.
February 23rd, 2009 at 9:56 am
Sean Penn calls the Academy “commie, homo-loving sons of guns” for giving him the Oscar for the role in Milk. I guess it’s better than “commie, gun-loving sons of homos” :=)
lookingforawife Reply:
February 24th, 2009 at 10:26 am
maybe if penn wasnt such a fucking homo lover
he would not have taken the fucking job
human rights they can fucking kill me
I dont care
gay is wrong so there
February 23rd, 2009 at 10:02 am
What’s the matter with people who comment on thiis site?
One World is a grand and noble idea – national sovereignty has lead to nothing but wars and misery and suffering – just look around you. All these major problems have been caused through the history of nation states divided against each other.
Peace brothers and sisters for all. One world of free children of Gaia.
Swifty Reply:
February 23rd, 2009 at 10:05 am
Yeah, right “Liz”. Is someone actually paying you to flame this site?
Bugger off.
temudgin the great khan Reply:
February 23rd, 2009 at 10:50 am
be nice to your brothers and sisters please….
she just not fully aware of the agenda those pricks are pushing!!!!!!!!!!
robin of locksley Reply:
February 23rd, 2009 at 11:20 am
oh yeah and then we can put on our magic gumdrop hats and skip down lollipop lane
with our pet unicorn Rainbow singing kumbya
The Freaky Hijiki Reply:
February 23rd, 2009 at 10:32 am
A one world will be a tyrannic dictatorship, guaranteed.
If your country becomes that, you can seek refuge in another, free country. But where do you run to in a global dictatorship?
temudgin the great khan Reply:
February 23rd, 2009 at 10:47 am
one world would be great if it was about peace and love liz. but the people in control are a bunch of ego maniacs, meglomaniac war mongers! the people in control want to enslave and deminish the population for themselves and care not about anyone else. we are just a bunch of global pawns for the slaughter. so understand; good people want good things, and evil people want evil things.
Sir Baby De Porky Reply:
February 23rd, 2009 at 10:44 am
When Emperor Yuddishtira was ruling the earth 5000 years ago , It was a beautiful place ,
where everything and everybody was thriving and had a chance to make it !!! It all depends
on the Karma , i.e. the agenda !!!
Human Observer Reply:
February 23rd, 2009 at 11:55 am
Wars, domination, death etc are not caused by “nations,” they’re caused by human nature. Because others believe or see things differently than you means there is something wrong with them???? That sounds like big gov. and media talk to me. Good luck in near future and cheers.
Oh Shit Reply:
February 23rd, 2009 at 1:05 pm
I disagree Human Observer.
It is not in our nature to kill, maim and torture other people. That’s insane.
You are talking about human behaviour. Human behaviour is what we are taught from the cradle to the grave. And when I say “taught” I mean brainwashed. Hate, murder, money and madness are shoved down our throats from day one. Our education system does more harm than good. The MSM reports this insanity like it’s totally natural for human beings to behave this way. Nothing could be further from the truth.
Reptilian aliens who want to eat our brains on a skewer rule the world. And we are living in a totally unnatural state. This is why so many of us cannot get an answer to any of our most profound questions. They do not want the truth revealed. Not until it’s dinner time.
Human Observer Reply:
February 23rd, 2009 at 1:59 pm
I can handle being wrong, in fact, I hope like hell that I am. Problem is that I’m not influenced by what I would prefer to be truth. History is my teacher. I cannot comment on being “insane.” If I am, it’s not likely I’d know it or see it that way. It’s in my nature to want to have sex, lots of it in fact. It’s my choice to do so. I don’t know man, I see a difference there. What of the blood lust apparent in the actions of all the rubber neckers at roadside accidents, or the huge rating increases of networks that televise wars? I really do wish I could see another reality in which I’m wrong. Maybe if you send me some pills for my insanity. Even if I’m not wrong, I’d still appreciate them pills, they’ll come in handy in a few months. I don’t know anything about any reptiles wanting to eat my brains or anything, guess I was just “taught” differently.
Oh Shit Reply:
February 23rd, 2009 at 3:18 pm
I am sure you will find it hilarious when the harvest begins. I am in contact with beings from another galaxy that have provided this information to me and it is my duty to disseminate it. These reptilian aliens are giants, they grow as large as 18 feet tall, weighing as much as 2000 lbs. They crack human skulls like walnuts and eat the meat inside. Their technology is the most advanced technology in the Milky Way. The only chance we have for survival is an evolutionary leap forward in consciousness. A leap to the fourth dimension. You see, these reptilian beings are stuck in the third dimension, which is where mankind has been for millions of years. They have brought us to the edge of extinction during “harvest” five times before. The sixth harvest is approaching…2012. These beings live deep below the Earth’s surface and on the moon. There are other races that visit us also, some benevolent, some malevolent. Some of these benevolent beings are planning an evacuation of Earth. They want to save as many of us as they can…but this is going to cause a war. The reptilians won’t just give up their food supply without a fight. The problem is that the beings that want to help us cannot get approval from the universal federation of intelligent life. An evacuation would cause a galactic war, and most of the other highly advanced life forms in the universe don’t believe that mankind is worth it. They have the attitude that if we won’t even try to save ourselves from who we believe to be ruling our planet ( ourselves ) that we are a lost cause. It’s a shame.
roaddog Reply:
February 23rd, 2009 at 1:08 pm
children of who???? wtf planet are you from, woman? Holy fuck—where do they find people like that??? Human Observer got it right. Hey liz—-your on the planet earth now, talk like it. I’am from Gaia–take me to your leader. I bring a cook book.
Joe Reply:
February 23rd, 2009 at 4:40 pm
Look, you are stupid.
We are not stupid.
Go back to england.
True Bread Reply:
February 23rd, 2009 at 5:02 pm
One World Government…???
It’ll be great…..!!!!!
(for the first 3 & 1/2 years)
Goddess hates Patriarchists Reply:
February 23rd, 2009 at 6:07 pm
Gaia, my eye. She loves freedom and living in family and clan (national) units. That is how she created us, not for some phallus-worshipping brutal barbarians to tell us how to live.
Apollo9733 Reply:
February 24th, 2009 at 12:21 am
Ya right liz, exactly what federal agency do you work for?
lookingforawife Reply:
February 24th, 2009 at 10:28 am
yes like under the ONE WORLD GOVERNMENT and the ANTICHRIST
RULE EVERYTHING IS GOING TO BE FINE
RIGHT BITCH???????????????????????
READ REVELATIONS
and turn off your fucking vibrator OF STUPID IDEAS
and wake up to reality
YOU THINK THE POWER RICH HUNGRY ASSHOLES IN CHINA GIVE A SHIT
ABOUT THE MILLIONS THAT GO HUNGRY THERE?????????????????????????????/
FUCK PEOPLE PISS ME OFF
February 23rd, 2009 at 10:07 am
GREAT VIDEO!
Something to tell the world!
http://www.youtube.com/watch?v=rT8cg62iKyg
February 23rd, 2009 at 10:25 am
Wondering if McCain would have one the election would their be the same Behind the mask dvd? IMO I don’t think their is much we can do. I like this web site but it seems that it is more destructive than constructive.
temudgin the great khan Reply:
February 23rd, 2009 at 10:52 am
then you havent been here enough to see the good stuff…..
be positive bro!!!
February 23rd, 2009 at 10:40 am
more sweat during peace, Less blood during war
February 23rd, 2009 at 10:59 am
not the “world” financial system just the West. that’s why the are all CRYING for a global world order but China and Russia are making deals with the rest of the world to secure their places. it’s the West that will be out in the cold.
February 23rd, 2009 at 11:04 am
If you’re in the ETF GLD and other COMEX metals, it’s time to bail. They’re a scam not designed for the times we’re living in. First, the government could technically confiscate their bullion. Second, they have no oversite of the gold they claim to own. No one is allowed to go in and confirm their gold inventory. Their prospectus was written by clever lawyer’s. It’s a good way to make a lot of money short term, but now the risk is high of its bubble bursting. Anyone who keeps their money in does so at great risk.
February 23rd, 2009 at 11:07 am
Here we go again with the nwo’s twisted use of the word “global”. Here’s a web-article that I read a week or so ago entitled “The Economic Collaspe of the West” which can be read at http://www.globaleventsmagazine.com It definitely re-enforces my point about market-flooding.
February 23rd, 2009 at 11:10 am
As Gordon Brown stated, “We need a New Global Deal”… aka, A New World Economic Order.
The Illuminati is going after the whole world at once. Rothchild and Rockefeller are sitting back laughing at what is all going on and thinking to themselves, “Just as we planned ” !
February 23rd, 2009 at 11:20 am
I am sick of hearing people talk about how the “market” would work if the government wouldn’t interfere. These people need to seriously pull their heads out of their asses.
The government is corrupt and the monetary system is corrupt. Bottom line.
If we can essentially create money from nothing, maybe we should start creating jobs from nothing.
Examples:
# 1. The government starts paying individuals to educate themselves. They will pay individuals a monthly income on top of paying for all tuition fees and books. Unemployment solved, and we have an abundance of educated, skilled people living in our society which will add to the quality of life all of us experience. I mean it is “THE PEOPLE’S” government, correct? Let’s be good to ourselves.
#2. Eliminate all taxes and the use of interest, which has been considered unlawful since biblical times. If we can create money from nothing, why do we need to tax people and charge them interest? A tax is nothing more than a burden, as is interest.
#3. We pay ourselves a generous monthly bonus to abide by the golden rule. Crime problem solved.
These are just a few examples. Now I know some of you ignorant fuckers are gonna say, “Nobody would do anything then”. Bullshit. Everybody I have talked to would jump all over an idea like this. It would eliminate the environment of fear that we live in. Our intelligence and spirituality would explode.
But instead, we are going to continue worshipping money. Spend every waking moment wondering how we are gonna pay the bills this month. We are going to keep paying our taxes, keep financing the wars that our fearless leaders wage on innocent men, women and children around the globe. Keep financing the slaughter, keep financing the brainwashing, keep turning a blind eye. Our society is profoundly sick. Many of you are aware of this, but so many more are not. I see nothing but despair and hopelessness in this world. I pray that it’s all just a bad dream, and someday I will awake, and be free.
temudgin the great khan Reply:
February 23rd, 2009 at 12:28 pm
that would be great, but we need to take back our country from thoughs who would, and are destroying her!!!
Crispin Glover Reply:
February 23rd, 2009 at 3:56 pm
Not a bad idea Oh Sh*t, but keep in mind as long as these bastards have any vestige of power they will fight, cheat, lie and subvert to the bitter end.
Song Reply:
February 24th, 2009 at 2:20 am
True C.G. if it is you. “I’m making my Lunch!”
Human Observer Reply:
February 23rd, 2009 at 4:41 pm
I agree. I think that as long as greed is everywhere and money = power, any economic system will eventually fail. Short of mass enlightenment, I have no idea what the fix is. Kinda hope I get taken out in the first round of revolts or by the aliens to spare my seeing what is coming.
February 23rd, 2009 at 11:42 am
Guess what?
Not only are the western world’s banks insolvent…
The governments are too!
Put that in your bongs and smoke it!
February 23rd, 2009 at 11:47 am
Hey all you government three letter agency types, who are paid to blog
and poo-poo the real news, why don’t you pause for a moment, and
actually read these articals, and let it soak in, the country you and I
have sworn to protect is gone, its beren usurped by those whom you
made your oath to… So as your “supervisor” watches over your shoulder
for the slightest hint of you possibly being compromised, or for you
having a thought of your own, you better be thinking about what is
the RIGHT side to be on, and exactly who are you going to protect
when the fecal matter impacts the oscillator.
February 23rd, 2009 at 12:17 pm
REPENT.UNITE.RESIST.
February 23rd, 2009 at 1:00 pm
This will bring in a one world monetary system and the chip.
February 23rd, 2009 at 1:03 pm
“As Gordon Brown stated, “We need a New Global Deal”… aka, A New World Economic Order.
The Illuminati is going after the whole world at once. Rothchild and Rockefeller are sitting back laughing at what is all going on and thinking to themselves, “Just as we planned ” !”
The only “problem” is they planned things well in the past when there was neither internet nor were the people awake as now. The cat is out of the bag. If America gains back it’s Republic it can send a US Army Task Force to capture all the criminals, no matter if they sit on the Bahamas, in Waddesdon Manor or in Denver Airport’s underground bases. No place to hide anymore!
February 23rd, 2009 at 1:09 pm
This country is living the result of at least 3 decades of bowing down and worshipping at the feet of the all great American MBAs that teach their students to outsource absolutely everything they can, hire as few people as possible and pay them as little as they can get away with. You’ve just GOT to love big business and Globalization – are enough people and nations ruined yet? Yeah, it’s depressing and it should be. We, as a nation, allowed and enabled the most worthless, inept and evil bunch of legislators to run the show; an executive branch lie us into an illegal, immoral, unconstitutional war that continiues to cost us $4 billion a week – THERE IS NO ECONOMY ON THE PLANET THAT CAN AFFORD THAT IN MONEY, IN BLOOD, IN SOULS. I pray they get to face their proper justice. They let Bush and his bunch go, right? UNBELIEVABLE!!!!
February 23rd, 2009 at 2:41 pm
Well, at least we’ll all be able to see and witness the whole,
lying ass, rotten nwo system crash and burn. Yes, it’ll all crash
and burn into the lying ass, satanic house of cards that it is.
One last thought about it all, good bye, and good riddance…
February 23rd, 2009 at 3:26 pm
The more that I see the information out there the more that I realize that the information isn’t the answer. Its only a part. Organization is the critical missing element.
Truth is that we won’t ever recover America by blogging or voting. It will cost people. Find a group and committ yourself to the purpose. If you can’t find one, create one. I will be creating one in May for anyone interested. Obviously “Leaders Wanted”. Not readers.
BTW A petition has been created to put an end to the fractional reserve system. Everyone please participate and send this to everyone you know.
The petition likely won’t make much of a difference, its more about seeing who is in and who isn’t.
Good luck!
http://www.petitiononline.com/.....ition.html
mindrangr_33023@yahoo.com
February 23rd, 2009 at 5:28 pm
There is a story about some ignorant people that got very afraid. They got in a panic,gathered as much gold as they could and expected it to save them. They all died at the same time because they put there faith in the creation rather than the creator.
Chew on some gold if you want but I will be eating some purple-hull peas,potatos, chicken,and every once and awhile some beef and pork.
Better buy some tools and learn how to use them and some means to keep your neighbors from stealing whatever you have. It most likly will not be government soldiers that you will have to battle but folks that do not know how to take care of their selves will be out to take whatever you work for.
Golden cows don’t give milk or meat.
February 23rd, 2009 at 6:46 pm
may 9 2009 it all comes to an end
Jed Eckert Reply:
February 23rd, 2009 at 7:14 pm
Why may 9 2009? I just need a warning to get my gun.
butch murphy Reply:
February 23rd, 2009 at 10:18 pm
VIOLENCE! HUNGER! GREAT VIOLENCE! GREAT HUNGER! ROVING BANDS OF HUNGRY VIOLENT PEOPLE ARMED TO THE HILT!! THEY WANT YOUR FOOD! ALL AUTHORITY FIGURES SLAIN! VERY SHORT PERIOD OF TIME LEFT!! THE DREAM WAS VERY,VERY CLEAR. NO FOOD,NO WATER, NO MEDICINES, NO DOCTORS, NO MARKETS, NO GASOLINE, NO AMERICAN IDOL, NO WELFARE CHECKS, NO SOCIAL SECURITY CHECKS, NO DISABILITY CHECKS, ETC., ETC. IT’S ALL OVER KIDS! THE TOTAL BREAKDOWN OF THIS PHONY SOCIETY (WORLD-WIDE) IS AT HAND.
February 23rd, 2009 at 7:21 pm
None of this is a coincidence or a mistake.
We are now the elite’s abortion, in progress.
Now get ready everyone, here comes the potassium salt.
Watch it all wash away, your sovereignty, everything you ever cherished and worked hard for, everything you were taught from birth, watch it all wash away.
All the pilings and anchorages have been strategically yanked, watch it all wash away, because you are now the elite’s abortion.
Your entire life has become a total abortion, just look at what they did to our Constitution & Bill Of Rights. Where is freedom, where is independence, it’s gone!!!
And now they want every last dollar you can muster, as they flush your life and all you worked for, because they did plan this and you are their abortion.
What a fucken abortion!!!
February 23rd, 2009 at 8:13 pm
Well, its all perspective and if your into reptilians you are, if your a pagan into Gaia you are, the site has lost its way a lot. And how can Alex be impartial when he is a christian?
Not good
February 24th, 2009 at 12:48 am
Save America – Kill all the Jews!!!
February 24th, 2009 at 2:45 am
Well no more cash .. guess barter is the way to go..
February 24th, 2009 at 7:39 am
COOPERATE FEUDAL STATE -YA YA YA MY ASSSSSSSSSSSSSSSSSSS
February 24th, 2009 at 8:21 am
ATTENTION TRUTHERS! GO VOTE on this POLL at: http://www.997wtn.com/
“Would you support a seccession movement to create a more conservative version of the USA?”
February 24th, 2009 at 10:12 am
if you got any cash left, now is a good time to stock up with 5000 cans of tuna and beans.
also get a gun (9mm best as much ammo around)
and 10 pairs of jeans, and 5 pairs of hiking boots
February 24th, 2009 at 10:29 am
The reason the Republican party shunned Ron Paul is because he is many things that they are not. He is honest. He is conservative. He follows the Constitution. He stays out of the affairs of sovereign nations. He is for small government. He is for open, fair and honest elections. He is for third party representation.
He is for open government. He is for states rights. He is for non government intervention. He is for small government. He is for minimal taxation. He is for disbanding the IRS.
Now, why would the Republican party shun a man with this kind of character?
Answer: He is what they pretend to be. He is a true conservative who practices what the republicans preach. He is what the republican party will never be. He is Ron Paul.