Topics > Economy
The Economy is Going to Implode
warpmine:
Took exactly 100 years for this to happen when central banking usurped the responsibilities of the Congress. ::laserkill::
AmericanPatriot:
Just finished this and Libertas is 100% on with his summary.
I'm a little overwhelmed.
Hard to be Pollyanna after watching this and knowing how true it is
Pandora:
--- Quote from: AmericanPatriot on November 12, 2012, 11:52:35 PM ---Just finished this and Libertas is 100% on with his summary.
I'm a little overwhelmed.
Hard to be Pollyanna after watching this and knowing how true it is
--- End quote ---
Whulp, no problem with the Pollyannas -- they just refuse delivery of the information. I'm seeing it with my own eyes.
Libertas:
--- Quote from: warpmine on November 12, 2012, 11:14:56 PM ---Took exactly 100 years for this to happen when central banking usurped the responsibilities of the Congress. ::laserkill::
--- End quote ---
Yes, and the Fed became the dominate entity after the 1951 Accord "The Accord" -
http://en.wikipedia.org/wiki/1951_Accord
Oddly enough Martin screwed Truman over and refused to keep monetizing debt (printing, what we now call "Ctrl-P"), from 1913 to 1951 the Fed was primarily concerned about interest rates and inflation, after Martin took over the added concern of "economic stability" was added to the mandate. This should have been our first clue that somewhere down the line the uncontrollable beast would refuse its masters orders. And the BS about the Fed being answerable to Congress not Presidents is laughable! Where is the last independent audit of the Fed? I have no idea? Is there any gold left in Ft.Knox? Nobody is saying? Gold at 33 Liberty? No depositor (I think Germany was the last to ask) has been granted physical access TO THEIR OWN ASSETS.
http://en.wikipedia.org/wiki/William_McChesney_Martin
Treasury is the Fed's beoch and the Fed answers to no one except nominally to Presidents and the Senators who confirm their terms...not exactly stand up people, know what I mean?
This little farce can only end one way, and they are not going to deviate from the script. The level of pain coming cannot be understated, it will be globally epic and if we fare better than the Romans did when they fell I would be truly amazed.
Libertas:
Ever since the election the sucking sound has increased in decibels...
http://www.zerohedge.com/news/2012-11-15/goldmans-swirlogram-confirms-economic-slowdown#comment-2985457
As Slim Pickens said in Dr. Strangelove "Yeeee Haaaaaaaa!"!
Navigation
[0] Message Index
[#] Next page
[*] Previous page
Go to full version