THOUGHT FOR THE DAY!
ADV: Make At Least $4000 Extra Every Month, Guaranteed!
ADV: Precious Metals & Financial Market News: Protect Yourself By Staying Informed
ADV: J.CROW'S® Lugol's Iodine Solution. Free S & H. Restore Lost Reserves with J.CROW'S® Lugol's Iodine
ADV: Office Space Finders
Office space in the UK (and especially London office space and London Serviced Offices). We specialise in finding offices for businesses that need to lease commercial space on flexible terms.
ADV: Find Office Space throughout the USA with Office -Suites.com Imagine a New York office space building in a desirable location on a flexible basis.
Ron Paul: Bailout Will Destroy Dollar, World Economy
As a vote nears on the $700 billion dollar plus bailout bill, Congressman Ron Paul took to the House floor this morning to warn that the passage of the legislation will destroy the dollar and the world economy.



Click for torture scandal links
Dead because of a lie. Dead because selfish people in government wanted a war and lied to get one. How can you not be angry?



Comments
Dr. Ron Paul
EasterlingDr. Paul said "This will destroy the dollar."
Conspiracy Theory #1 - Perhaps this is the plan. Is that "Amero The Beautiful" I hear being sung in the background?
Conspiracy Theory #2 - This is a power grab by a few uber-riche Ziotards & Inbred 'Legacy' WASPs with the express purpose of gaining a monopoly status over USA/Old Europe banking and credit services.
Conspiracy Theory #3 - We are being led by totally insane alcoholic i.v. drug using A$$-CLOWNS who really don't give a fattie wether they crash the economy because they are to busy ego-tripping and accepting money for nothing and chichs/guys for free.
Conspiracy Theory #4 - It's ZioTard Bad Kabuki Time children. Everytime I look at the MSM TV screen I see a Dual-Citizen in the picture. Dual-Citizen Rahm 'MOSSAD' Emanuel. Dual-Citizen 'The Greatest Mayor of ALL TIME EVER-Crowned by Zio-MSM' Bloomberg or Dual-Citizen Chuckie 'Wall Street A$$-Puppet Schumer.
Conspiracy Theory #5 - As Slade so eloquently put it "MaMa We're All Crazy NOW!
http://www.youtube.com/watch?v=Y5cdqgQBWSA
My vote is for #s 3 & 5!
Bailout
jintampaYeah Liberal Professor...and then there's Nancy P!
And who cares about the dollar?
Liberal ProfessorApparently not Cheney and Co. who have loads of loot in European funds. Yes, there are plenty of nations holding on to US debt, but wouldn't it be grand if we could pay them all back in worthless currency? Just print it and put it in the mail!
(Yes I was being sarcastic there) On a serious note... I still have my sneaking suspicion that the set up for this whole thing was deliberate!
BushCo. bankrupt the nation:
From the get go they work on it with balooning budgets (read: small government) and wrap up the term with the biggest transfer of wealth in memory - from workers to bankers. The sum is so huge, the next president will essentially be hobbled from putting any meaningful programs into place (except war, where there is always a budget).
Marx was on-the-money (no pun intended) when he said capitalism would essentiall self-destruct. It made production social, increased output, and now has outlived its real usefulness... what he did NOT count was the constant use of just-enough socialism to save it.
Then, once the problem is "last-year's" they go back to cursing the social system that just saved their fortunes. Damn that big government!
As long as socialism is repeatedly used this way, capitalism will limp on, fleecing the workers and showering the owners. We get the debt associated wth nationalizing firms that are going bust, but never the real profit of the rebound. Never nationalization projects tied to socially-necessary industries that would help the nation and its working people, just programs that help the internationalists and their fortunes and further their neoliberal globalist agenda.
...And That is what Marx did not account for... or maybe he did, but just didn't figure that citizens would let their government do it to them over, and over and over.
We stopped them this time (and everyone that made a call to congress should feel PROUD!) but you can BET with the help of the media, they will try to pull the wool over the eyes of many again, or deliberately make the situation worse so that we will be forced to cooperate.
They have their eyes on $700B. The focus will not change soon.
And who cares about the dollar?
poorrichardNobody cares about the dollar who is a great borrower.. because the dollars paid back will be worth a lot less then the loan that was made.. in the time coming.
inotherwords: Inflation is good for borrowers, but bad for those who save.. Take Social Security for example..
When I started working 50 years ago, I was paid $1.25 per hour to lift cement bags at the local hardware store.. the FDIC or some kind of tax took a slice of my income.. Back then I could by a gallon of gas to put in my car for 25 cents, and I could get a really great burger for the same money..
My Social Security money that I payed into has been diluted.. ten or twenty to one.. This happened because of the hidden tax of inflation..
If America got rid of the Federal Reserve and instead of having a private corporation printing our money, had our own government printing the paper money.
Everything would be much better.. Why?
Who wants to carry a bunch of gold and silver coins with them.? Why not have a currency system that is not fractional.. Inotherwords.. Why not have a one to one relationship to the amount of deposits and the amount of loans?
The fractional banking system we now have is hopelessly corrupt.
The only hope economically is to get rid of the fractional banking system.. and the Fiat dollar..(You will believe this dollar to be worth something, or 'We The Government' will kill you.)