January 26, 2008
The Looming Banking Crisis and the New World Order
I was reading an article earlier by Dr. Edwin Vieira, Jr., called, “Don’t Count on Washington to Protect Us From Looming Banking Crisis,” when one paragraph jumped out as I considered the current economic crisis America is experiencing along with the political events of the day. It reads…
Also not beyond the realm of possibility would be for the Establishment to trigger (or simply do nothing to prevent) the collapse of the monetary and banking systems in a full-blown depression, coupled with acts of aggression (so-called “preemptive strikes”) by the General Government’s armed forces overseas that ignite a world war. Properly managed, a depression and world war would result in massive redistribution of real wealth from common Americans to the Establishment and its clients, while the victims found themselves so severely regimented by the General Government’s exercise of wartime “emergency” powers that they could not effectively complain. One need not be overly suspicious to suggest a sequence that history already partly bears out: World War I, the League of Nations, and the undermining of the international gold standard—followed by World War II, the United Nations, the adoption of Federal Reserve Notes as the world’s reserve currency, and the “demonetization” of gold and silver as currencies—followed by World War III, a New World Order based on the tripartite division of the globe into European, American, and Asian blocs, and a supra-national world central bank emitting a world fiat currency.
It seems to me that the so-called “recession” America is now experiencing could be the managed depression Dr. Vieira wrote about. Couple that with President Bush’s preemptive strike in Iraq and possible future strikes in Iran, the next stage may not be far off. The government has it’s Patriot Act in place to keep our citizens at bay and soon will have it’s Real ID in place to better identify and track citizens, and is now pushing through Congress HR 1955, “Violent Radicalization and Homegrown Terrorism Prevention Act of 2007″ to put down any resistance to their New World Order.
America — WAKE UP!!! If we don’t awaken soon, there may not be any America left to save.
Civil Liberties, Federal Reserve, New World Order, Patriot Act
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December 5, 2008
Financial Advisors @ 11:46 am:
Gold is poised for a dramatic surge and could blast through $2,000 an ounce by the end of next year as central banks flood the world’s monetary system with liquidity, according to an internal client note from the US bank Citigroup. - Telegraph.co.uk
The article goes on to say, “The bank said the damage caused by the financial excesses of the last quarter century was forcing the world’s authorities to take steps that had never been tried before.
This gamble was likely to end in one of two extreme ways: with either a resurgence of inflation; or a downward spiral into depression, civil disorder, and possibly wars. Both outcomes will cause a rush for gold.”
December 9, 2008
Tax Savings @ 2:21 pm:
Peter Schiff, the manager of over $1 billion dollars in investments who predicted the economic crisis for many years, now predicts the U.S. will enter a long period which could be worse than the Great Depression and thinks that the economic crisis might lead to martial law.
He thinks that Asia and Europe, after a period of economic downturn, will “decouple” from the U.S., eventually enjoying great prosperity long before the U.S. recovers.
Schiff has admitted that he did not foresee the current rally in the dollar, and his investors - long in Asian and European stocks - are way down.
December 12, 2008
Jeremiah Project @ 10:13 pm:
Jim Rogers, one of the world’s most prominent international investors, on Thursday called most of the largest U.S. banks “totally bankrupt,” and said government efforts to fix the sector are wrongheaded.
“What is outrageous economically and is outrageous morally is that normally in times like this, people who are competent and who saw it coming and who kept their powder dry go and take over the assets from the incompetent,” he said. “What’s happening this time is that the government is taking the assets from the competent people and giving them to the incompetent people and saying, now you can compete with the competent people. It is horrible economics.”
“Governments are making mistakes,” he said. “They’re saying to all the banks, you don’t have to tell us your situation. You can continue to use your balance sheet that is phony…. All these guys are bankrupt, they’re still worrying about their bonuses, they’re still trying to pay their dividends, and the whole system is weakened.”