I FEEL SOROS BREATHING DOWN MY NECK—ALL OF THIS SOUNDS LIKE THE BANK OF ENGLAND TO ME 9/30/12
Too few Americans are prepared for what’s coming our way. We are facing a grave crisis that will have a dramatic effect on every American citizen, our national security and our very way of life. It is the asymmetrical warfare of financial terrorism, and the U.S. politicians, the central bankers, the global leaders are the terrorists.
Investigating the who, what, when, where, why and how behind our current economic situation. Why are we going broke as a nation, and why are we, as Americans, running out of money before the end of the month while our standard of living declines as well? It is an indictment of our elected and appointed “leaders” who deliberately cover their greed and financial criminal activity by talking in a manner that only a select few can understand. The Federal Reserve under Fed Chairman Ben Bernanke announced round three of bond purchases, or QE3, for an indefinite period . An open-ended purchase by the Federal Reserve of U.S. Treasury bonds, or our country’s debt to the tune of $40 billion per month. This is in addition “Operation Twist,” which is a program where the Federal Reserve is already buying $45 billion in long term bonds, scheduled to last through the end of the year. The mainstream media continues to tell us we are in a recovery, and that job growth and our overall financial health is improving.
A quote attributed to Henry Ford: “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
Every elected and appointed official just sealed the demise of the U.S. dollar by launching an indefinite round of creating digital money, backed by nothing, for the purpose of buying our own debt. Doing so ultimately makes our paper money worth less and soon to be worthless.
Everyone with U.S. dollars in pension plans, savings and retirement accounts are about to lose much, if not all of their savings. Why? Because by creating more digital money from nothing will significantly devalue the dollar to the extent that it will take more and more of them to pay for the same goods and services yesterday. Both sides of the political divide are equally responsible for our coming demise. Furthermore, the financial fraud did not begin with Obama, but was accelerated by his policies and every elected official who has remained silent, regardless of their political affiliation. Nonetheless, the biggest benefactors in the short term, meaning until or after the November 2012 U.S. elections, are the incumbent politicians. As QE1 and QE2 (creating money from nothing parts 1 and 2) were at least limited in scope. They had time and dollar limits. Bernanke’s latest action is basically telling the public, without really telling us, that nothing more can be done for the patient that is the American economy. We are out of options. How everything changed We are borrowing money to pay for prior debt created by fraudulent banking practices that was a direct result of the repealing of the Glass-Steagall Act. For those unfamiliar with the Glass-Steagall Act, it was signed into law in 1933 and (for the sake of brevity) prevented banks from becoming the equivalent of casinos, using your money to place bets.Between 1933 and 1999, when the Glass-Steagall Act was repealed and replaced with the Gramm-Leach-Bliley Financial Modernization Act of 1999. The GLBA had nearly bipartisan support and was signed into law on November 12, 1999 by former President Clinton. One major event took place on a hot summer night in August, 1971 when then-President Richard Nixon took the U.S. off the gold standard. People today seem to be in a much deeper, pharmaceutically induced slumber.
Since 2008, our national debt has risen more than 60% to more than $16 trillion. During that same period, the median net worth of American families dropped from $126,400 to $77,300 (in 2010) and even less today. The real unemployment rate, if Obama and his financial wizards had not changed how the number is calculated, is 11.2 percent. Using methods for calculating unemployment from years ago, that number would actually exceed 20 percent. Also, the net worth of every American has taken a tremendous downward hit since 2008. In 2008, just over 19 percent of all American families had a net worth of zero or less. That number jumped dramatically to 32.5 percent in 2010. This process has been implemented with the consent of both political parties. What we are seeing here is the orchestrated attack on the American dollar by our own government officials and elected leaders. . Is it greed? Well, that’s part of it, as much of the money being pumped into the economy is winding up in the coffers of the “too big to fail” (too big to jail, apparently) banks and financial institutions A group of globalists and a compliment of co-conspirator bankers who bring down countries by debasing their currencies. The Vampire Economy by Guenter Reimann. Written in 1939, Mr. Reimann explains how under Hitler, the Nazis steamrolled the German economy through the very tactics we are seeing today. They destroyed their own economy at the expense of the private sector, and nationalized the remaining portion of the economy.
DOES ANYBODY RECALL SOROS AND HOW HE STARTED AND DOES THE BASNK OF ENGLAND RING A BELL?
Therefore the motive for the complete destruction of the American dollar, it would appear, is to create a global currency to replace the defunct dollar, deliberately destroyed at the hands of those in power today and in recent years. In addition to greed, the motive is ultimate power and control. War and the more recent threat of terrorist activities also provides the opportunity to implement a authoritarian or even totalitarian form of government, which we see taking place in the form of 360 degrees of surveillance, the implementation of the NDAA, and other measures that will become useful during the coming economic collapse. In summary, we’ve been set up, and continue to be set up, by every elected and appointed official in power on a national level today.
Do your own research and homework about what’s best for your own situation.
Source—doug hagmann, Canada free press