A commodity money is a medium of exchange the units of which are fixed amounts of an actual commodity that has value other than as money alone. Many items have been used as commodity money such as conch shells, barley, beads etc., as well as many other things that are thought of as having value. Historically, silver and gold coins of known, standard weights and designs have emerged as the preferred commodity monies of the entire civilized world. Gold and … Continue reading →
Obama Transportation Secretary Ray LaHood said he wants to consider taxing motorists based on how many miles they drive rather than how much gasoline they burn. The idea is gaining ground in several states. Governors in Idaho and Rhode Island are talking about such programs, and a North Carolina panel suggested the state start charging motorists a quarter-cent for every mile as a substitute for the gas tax. A tentative plan in Massachusetts to use GPS chips in vehicles to … Continue reading →
America is insolvent and has been so for a long time, and these games of massive deficits, stimulus and quantitative easing only delay the inevitable deflationary depression and economic and financial collapse, which has been deliberately created by Wall Street and banking to force us to accept World Government. The actions of Senator Mitch McConnell were absolutely reprehensible and a disgrace. An effort to continue spending to keep his benefactors behind the scenes happy. His proposal was to allow the … Continue reading →
Problem, Reaction, Solution: Derivatives, Crash, Too Big To Fail, Bailout, Nationalization, Budget Crisis, Privatization, Debt Slavery, Austerity, Evaporating Pensions, Central Banks, Big Government, World Government. It’s been quite a saga, but this economic crisis has been planned sabotage by design. The age of the Offshore Global Cartel is the age of economic warfare with the wealthy Western world. The 3rd World has largely already been brought to its knees. The remaining vestiges of national sovereignty must be eliminated and the … Continue reading →
There appears to be a New World Order shell game being played by the Obama Administration at the IRS amidst the IRS controversy of targeting tea-party and other conservative groups. In an attempt to look like he was doing something about the recent controversy surrounding the IRS, President Obama announced that acting IRS Commissioner Steven Miller would resign in the wake of the agency scandal in which conservative groups were targeted — though Miller was apparently set to step down … Continue reading →
Whether it’s health care, national security, human rights, the environment, education, or whatever… there is always a bottom line. And, that bottom line is money – or to be more specific… the control of money as Rothschild alluded to.
Continue reading →Ever since before being established as a nation, America has been blessed by God. The founders of America recognized those blessings and declared their faith in the Declaration of Independence. We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. Early Americans recognized the blessings as coming from their Creator as they followed His commandments. … Continue reading →
Once again as speculation arises that Greece may default on it’s bail out loan repayments the question emerges should the European Union disband? The European Union or EU,consists of one or two European states who've joined up to a single currency. It's also subject to European law, and each state is needed to pay money into the Union. The pros are that there is one single currency, the Euro. This makes trading across countries simpler as there aren't any forex … Continue reading →
You can’t listen to the state run corporate media these days or open one of their propaganda newspapers without seeing a discussion of the so-called fiscal cliff. We’re being told of doom and gloom if Congress doesn’t hand over to the Executive branch more control over the economy. Never mind these are the same folks that brought us to the cliff and I suggest pushed us over the cliff in 2007/08. That’s right, we’re not going to fall off any … Continue reading →
The United States and other countries of the world are becoming more fascist as New World Order globalists rush to complete their fascist world government by late 2012. According to Italy’s former fascist dictator and MI5 asset, Benito Mussolini, “fascism should rightly be called corporatism, as it is the merger of corporate and government power.” The following examples demonstrate fascism/corporatism within the banking structure of the United States. JP Morgan and Bank of America JP Morgan and Bank of America … Continue reading →
Regardless of what side of the fence you stand on, there is no denying that the Occupy Wall Street protests have sparked a keen sense of intrigue not seen in American in quite sometime — maybe as far back as the Vietnam War. But the intrigue surrounding the Occupy Wall Street movement has also stirred a hornets’ nest of conspiracy theories. Even in its early stages, the protests were met with apprehension and doubt over its true purpose. Now, with … Continue reading →
On October 4 Goldman Sachs cut it predictions for global growth in 2011 and 2012. The private investment firm now is expecting growth in 2011 to be 3.8% instead of 3.9% and in 2012 to be 3.5% as opposed to 4.2%. The epicentre of downhill strain on global growth is in The european union, where it expects the eurozone to move into a ‘mild recession’ over the 4th quarter 2011 to the first quarter 2012. The report has made it … Continue reading →
Chris Burris, writing for Lew Rockwell’s website yesterday, makes a good point about the Occupy Wall Street movement – they are barking up the wrong tree. Instead of occupying a park outside of Wall Street, they should march en masse to 33 Liberty Street. That’s where the New York Fed is located. In addition, they should take their chants and drums to the Harold Pratt House on 58 E. 68th Street at Park Avenue. The Council On Foreign Relations does … Continue reading →
Hello friends, over the last several months I have been wrestling with a prophetic warning that I received from God. In this letter, I am going to share these things with you. This warning from God is not one to be taken lightly. Based on its contents, every one that is reading this prophetic alert needs to prepare themselves and their families for very hard events that are approaching. The warning of God always begins with a trumpet sound. And … Continue reading →
Rumors of looming energy crisis have begun as gas costs near record highs. Households and various industries are feeling the effects of the gasoline price hikes, which have been ongoing for weeks. There isn’t really likely to be a slowdown in the price hikes, either. Source of article – Energy crisis jitters hit as gas prices approach record high by MoneyBlogNewz. Gas costs jump by 20 cents in no time The nationwide average cost of a gallon of gasoline has … Continue reading →
Oil costs are increasing and gas costs are approaching levels not seen since the summer of 2008. Despite a large volume of oil and gas reserves in the United States, speculators have managed to drive up the price of oil 21 percent this year. However the law of supply and demand is expected to prevail when consumers can no longer afford to sustain demand for gasoline. Source of article – Oil and gas destined to fall as prices pinch consumer … Continue reading →
On the brink of financial collapse, unknown banks were bailed out by the Federal Reserve discount window. The other day the Supreme Court ruled in favor of a Freedom of Information Act request that the Fed had to expose which financial institutions borrowed from the discount window and how much was loaned. Details unveiled by the Fed Thursday shed light on how Wall Street’s meltdown spread damage around the world. Fed financial institution bailout The Fed started the discount window … Continue reading →
The U.S. economy has been leaning largely on manufacturing as it crawls away from the recession. U.S. production activity in Feb. expanded for the 19th consecutive month at probably the most brisk pace in seven years. Continued manufacturing growth is in the forecast because orders are outstripping inventories, however the sector must overcome looming inflationary pressures. Looking at February through ISM As factories increase production to meet increasing demand, United States production in February increased at the highest rate since … Continue reading →
Middle East unrest has given lawmakers the idea that tapping into U.S. oil reserves will stem increasing gas costs. The call to tap reserves is being made even though the world has an excess of oil production capacity and United States fuel inventories are full. The administration is advising Congress not to panic, and industry analysts say tapping the petroleum reserve may feed the fear that is driving up oil and gasoline prices. Why Congress wants to tap the oil … Continue reading →
During the first weeks of 2011 economic reports have all been gloomy headlines concerning England’s economy and with the current government’s economic blinkers firmly in position, it’s highly likely that we’ll see a lot more house repossessions in the coming months as we dive into the pit of a second recession. Recent comments point to a abject failure of the Con/Dem economic “strategy”. Mervyn King, governor of the Bank of England is reported as saying that, “One has to go … Continue reading →
One thing is certain, elected officials aren’t holding back their thoughts of the health care reform law which was recently enacted. The Republican Party, desperate to fulfill their campaign pledges, have already repealed this law in the House. On the flip side, Democrats are attempting to safeguard this law because it is touted as their greatest achievement during the leadership of the Obama presidency. With taxpayers which are equally divided on this matter, the health care reform law will be … Continue reading →
Once again the IMF is calling for SDRs, short for Special Drawing Rights, to replace the U.S. dollar as the world’s reserve currency. “Over time, there may also be a role for the SDR to contribute to a more stable international monetary system,” said Dominique Strauss-Kahn, managing director of the IMF. He said there are some “technical hurdles” involved with SDRs, but he believes they could help correct global imbalances and shore up the global financial system. In addition to … Continue reading →
In the list of countries, enjoying economic freedom comes the name of Canada as well. Canadian economy is much alike the economy of United States in its market-based approach. The country of Canada has one of very low inflation rates in the world; according to 2010 estimates till date the inflation rate is around 1.4% annually. However, the ongoing global recession has not spared the economy of Canada as well. Canada’s population below poverty line is next to null; this … Continue reading →
The Obama Administration wants to steal your retirement. The following article will shock you so you better keep reading. We have been saying for almost 2 years to get out of the bank, IRA, 401K and every other form of savings that is denominated in dollars and put your money in silver. If you think there is much time left, you might want to re-think the plan and take action immediately. Re: Next Shoe Drops on 401(k)/IRA Merger into Bankrupt … Continue reading →
The US is currently experiencing a deflation; the Fed and the Administration are taking extraordinary steps (massive deficits and stimulus spending) to avoid a deflationary spiral. Unfortunately, they have been unable to offset the fall in consumer spending, and the money printing has been overwhelmed by credit contraction. Yields are low, unemployment is high, CPI numbers are down – every indicator screams ‘deflation’. So the notion of an impending hyperinflation seems bizarre; and yet that is what Lira predicts. Hyperinflation … Continue reading →
