Does anyone realize what is going on?

[Stout1]

TweetThe FED, which is not a part of our government but private banking orginazations are printing money out of thin air, literally. They are creating all these stimulus packages and "bailing" out all these failing institutions with fake moey. Our money is not back by gold or silver anymore and the FED has NO reporting guidelines.

If you don't see the picutre here then look at it like this....

Our value is losing it's purchasing power all over the world.

We are losing jobs and economic growth here at the fastest rate in over 20 years.

Our largest corporations are going belly up.

These corporations are now being bought out by our government with money from the FED.

The FED loans money to the government and US and then charges us an interest rate to get our own money.

So now we have the FED trying to "fix" our problem by printing MORE money, that is literally printed out of thin air.

We then have this new money re-issued to fix these failign corporationis that the government now strangely owns and now we have a surplus of currency out in the air which further devalues our dollar and purchasing power.

If you can't see the wicked downward spiral this is creating people need to wake up. We are being fleeced out of our very lives.

[Klash]

TweetSeems like no one that can do anything about it does...

[Dzone]

TweetAmen stout!!!...This shit is happening right under our noses...where is the outrage?

[NRA CHICK]

TweetWhen is American going to WAKE UP!!!!!!!!

[Dzone]

Tweet

When is American going to WAKE UP!!!!!!!!

It will probably take people being loaded into trains and shipped off to concentration camps...that MIGHT wake people up but I doubt it.
The entire country is feeling run down, betrayed,frustrated, depleted, fatigued, "out of sorts", depressed, anxious or a combination of all the aforementioned signs and symptoms, but nobody seems to really care.

[firstenrgy]

TweetI agree. That's why I wrote in another post that we are either in for a deep recession or the fed will print its way out causing wild inflation and ruining the credibility of the dollar permanatly. The sad part is, we are painted into a corner. Either option sucks.

[trip]

TweetThe only good thing is everyone worldwide is doing it.

This is the ffirst worldwide reccession.

It cannot be denied, it is truly a global world, we are so interdependent on one another for so much.

Deep reccession, most likely.

We will get through it, and be better in the future, a good lesson for the country, a little frugality nationwide is a good lesson.

[firstenrgy]

Tweet

The only good thing is everyone worldwide is doing it.

This is the ffirst worldwide reccession.

It cannot be denied, it is truly a global world, we are so interdependent on one another for so much.

Deep reccession, most likely.

We will get through it, and be better in the future, a good lesson for the country, a little frugality nationwide is a good lesson.

I hope you are right. I'm worried... not so much for me, for us...

[trip]

Tweetfe,

I think the big tell next year, is how lean and mean were companies work force.

take auto's out of picture, can a bizz cut 7% of it's workforce, worldwide something like pepsi and coke can, yet, what about the little guy with 10-20 employee's who are trained and good

we are at 6.5% if we can peak below 8% or less imho we limp thru this mess worldwide

if we go over 8% it could get touchy if you have stuff like oil going back up over a hundred

the avg family uses 40 gallons a week, they just picked up 80 bucks a week, 4200 for the year, for folks making less than 50k that is huge relieve

so those are my tells for 09

[Dzone]

Tweetits very disturbing to say the least. all we can do is try to focus on our own corner of the world and try to make the world a better place as best we can...what else can we do besides write and call our congressmen?
We just had a building blow up downtown here and the atf and fbi are rolling in. It happened a block from where Obama spoke 2 weeks ago. It was a large brick building and it is nothing but a pile of rubble. Today I was supposed to go to a luncheon near there and it is all shut down..fuk

[Stout1]

Tweet

The only good thing is everyone worldwide is doing it.

This is the ffirst worldwide reccession.

It cannot be denied, it is truly a global world, we are so interdependent on one another for so much.

Deep reccession, most likely.

We will get through it, and be better in the future, a good lesson for the country, a little frugality nationwide is a good lesson.

Don't you see that this is the goal?

A global worlwide recession will allow nationals normal independent to break those bonds and open up boundaries and sovereignty all in the name of "fixing this".

I want my country's independence to stay, or rather not lose anymore than we already have.

[Dzone]

Tweetis this in the bible?

[trip]

Tweet

Don't you see that this is the goal?

A global worlwide recession will allow nationals normal independent to break those bonds and open up boundaries and sovereignty all in the name of "fixing this".

I want my country's independence to stay, or rather not lose anymore than we already have.

there always has been worlwide trade

in the last 30 years with televisions, cheap phone calls, worlwide news programs, cell phones, and now the internet, you average joe anywhere knows that everyone is connected, interdependent, which has been the case for fifty years, it's just folks are now coming too realize it

folks live like they live, standard of living, because they can, progress, the one certainity in the world

i don't see this phase as being any different, progress will be made, always has always will

[Stout1]

Tweet

there always has been worlwide trade

in the last 30 years with televisions, cheap phone calls, worlwide news programs, cell phones, and now the internet, you average joe anywhere knows that everyone is connected, interdependent, which has been the case for fifty years, it's just folks are now coming too realize it

folks live like they live, standard of living, because they can, progress, the one certainity in the world

i don't see this phase as being any different, progress will be made, always has always will

Yeah, progress towards what? Something's always "progressing"...

[Stout1]

Tweet

there always has been worlwide trade

in the last 30 years with televisions, cheap phone calls, worlwide news programs, cell phones, and now the internet, you average joe anywhere knows that everyone is connected, interdependent, which has been the case for fifty years, it's just folks are now coming too realize it

folks live like they live, standard of living, because they can, progress, the one certainity in the world

i don't see this phase as being any different, progress will be made, always has always will

A New World Financial Order


Jacob Steelman

Lew Rockwell

November 14, 2008

In the midst of the imploding US and European financial systems and the resultant bankruptcies, nationalizations and bailouts the People’s Daily, China’s official newspaper, called for a new global currency to replace the US dollar. Writing in the People’s Daily edition of 17 September 2008 Professor Shi Jianxun of Shanghai’s Tongji University said that “[t]he world urgently needs to create a diversified currency and financial system and fair and just financial order that is not dependent on the United States.”
This was later followed by a Friday 26 September address by Prime Minister Gordon Brown before the United Nations in which he called for a new “global financial order.” It is to be based on “transparency, not opacity, rewarding success not excess, responsibility, not impunity, and …is [to be] global not national.” Brown went on to say “We must clearly state that the age of irresponsibility must be [at an] end.” As the G20 nations prepare to meet in Washington this week Mr. Brown has again called for a new global financial order, a Bretton Woods II. Mr. Brown wants the Middle East oil producers and China to assist in contributing to the bailouts taking place in the United States and Europe. In calling for such contributions Mr. Brown is effectively admitting the United States and Europe are broke and have exhausted their government (and central bank) resources in an effort to cure this massive market correction (frequently called a recession, deep recession or even depression) which has been underway since August 2007. China has announced its own stimulus program but it is unclear whether included in the 4 trillion Yuan amount are new programs or existing ones or a combination of both (my Chinese friends who are cynical about China’s government leaders laughingly tell me it probably includes the infrastructure projects for China’s 2008 Olympics as well).

Professor Jianxun is right to express concern about the financial leadership of the United States and the United States dollar in light of the events taking place in Washington and in the capitals of Europe. Estimates by financial analysts of the various bailouts of US financial institutions, the US automobile industry and god knows who all are at $2.7 trillion dollars with more bailouts likely to come. In Australia in addition to bailing out the automotive industry the government is assisting in the rescue of childcare operator ABC Learning Centres with a A$22 million dollar injection to keep the company afloat until the end of the year. The administrator appointed to oversee the company has estimated that 40% of the company’s childcare centres are unprofitable. Another example of the management of a company assuming inflation by central banks would continue forever without there being any correction.