Showing posts with label us economy. Show all posts
Showing posts with label us economy. Show all posts

Wednesday, December 14, 2011

China Warns Russia of Coming Armageddon Initiated by the United States and its Allies

WWIII has never been this possible!


For years economists, political analysts and experts have been warning of an approaching Armageddon, however until now these warnings had only been based on predictions. Finally there are supporting documents that expose an actual real-life plot to perpetrate a world war, to bring about a new world order.

According to a document, known as the Federal Security Services (FSB) report, China’s Ministry of State Security (MSS) was given the outline of a US plan for global dominance by Bryan Underwood, a former Blackwater mercenary, who was a security guard at a US consulate in China.

The forces of the US and its allies are close to total, all-out war with Russia and China. 

Chinese intelligence sources verified Underwood’s story, saying that over 1,000 top-secret US documents and photographs obtained by them show an American government “under siege” from multiple threats they fear will spread “unprecedented chaos” from which “normal order” will never be able to be reestablished again.

A Chinese Ministry of Defense bulletin to Prime Minister Putin and President Medvedev today states that President Hu Jintao agreed that the only way to stop Western aggression of the United States and its allies is through “direct and immediate military action.” The Chinese military has been placed on the ‘highest alert’ possible, with Hu ordering his Naval Forces to “prepare for warfare, " with Putin going even further when he warned Russia’s top generals to “Prepare for Armageddon.”

Chinese President Hu and Russian Prime Minister Putin  
Hu’s call for war joins Chinese Rear Admiral and prominent military commentator Zhang Zhaozhong who, likewise, warned this past week that “China will not hesitate to protect Iran even with a Third World War,” and Russian General Makarov who stated last week, “I do not rule out local and regional armed conflicts developing into a large-scale war, including using nuclear weapons.”


To fully understand the underlying reasons behind the tensions between East and West, we must first investigate the United States and its Western allies push for Total Global War, which was recently detailed by the top American investigative journalist Greg Hunter, whose in depth report titled “Is the World Spinning Out of Control?” revealed that the entire structure of the Western economic systems is crumbling under the weight of over $100 Trillion in debt no one is able to pay and wherein he warned: “Never in history has the world been this close to total financial chaos and nuclear war at the same time.”

Unfortunately, as massive protests are already spreading around the world due to the Global Economic Meltdown, which have resulted in over 700 arrests Sunday in New York City alone and with more unrest spreading like wildfire across the United States, the elitist's fears appear to be well founded. With this in mind, can you imagine the confusion, disarray, even anarchy that would result if word got out to the public of an eminent total financial collapse and world war?

The US leadership is also exhibiting fears over new reports of the “unprecedented loss” of our Earth’s protective ozone layer over the Arctic, the scope of which has been suppressed by officials and downplayed by mainstream media, which however is expected to cause natural disasters of unprecedented proportions, the very beginning of which we sampled this year already.

As open revolution becomes more likely of a threat to the United States, due in part to the unstoppable “Global Financial Apocalypse” that will wipe out the both the Dollar and the Euro, while at the same time our ecosystems are collapsing, the report details an insidious US government conspiracy to “manage and control” these disasters by “embracing mass genocide” as a means to assure the survival of America's elite.

US plans for world dominance, known as “Project for a New American Century, or PNAC,” date back to the 1990's. Then, in September 2001, former US Secretary of Defense Donald Rumsfeld, one of the think tanks members, warned that if the war fails to significantly alter the worlds geopolitical map, the US will not achieve its aim to become the worlds only dominant superpower.

The West's power elite has been demonstrating aggression since WWII. The rest of the world has been watching the US launch multiple wars in the Middle East and Africa without attributing it to deliberate policy. All over the globe the US flexes its muscles and tries to dictate its will upon sovereign nations. Once loved and respected as the beacon of hope, righteousness and good will, we have become hated all over the world as an arrogant, aggressive, war mongering country! What has happened to the United States of America? Why don't we stay out of every body else's business and worry about our own problems?

In one way or another the US and its NATO alliance is involved in wars or significant conflicts in Afghanistan, Pakistan, Yemen, Somalia, Uganda, Libya and unofficially, still in Iraq. Other fields of expanded military aggression include Pakistan, Syria and possibly Iran. The US and its allies are currently involved in at least seven wars in the Middle East, and with the possible exception of Iraq, the wars are escalating rather than diminishing.

Its no wonder that both Putin and Hu were “enraged” by the deception of the West in regards to Libya, when given “absolute assurances” by the Obama administration that they weren't planning an invasion, broke its word and did it anyway.

And its not surprising that Russian and China stopped another plan for war this week by vetoing the US-backed plan in the United Nations Security Council to turn Syria into another Libya. The UN envoy of Susan Rice stormed out of the meeting when the US and its allies didn’t get what they wanted.

Fearing Western aggression, Syria's President warned this week that if his nation was attacked by NATO he would fire hundreds of missiles into Israel’s most populated city of Tel Aviv within six hours, which would, of course, bring about a catastrophic nuclear response.

The 4 part plan that is causing Russia and China to prepare for war is as follows:
1. America's intentional destruction of both US and EU economies
2. America's launching of a all-out conventional war by the US and NATO
3. America's release of bio-weapons to kill off billions of people in order to reduce the world's population.
4. America's call for a new world order to prevent the total destruction of our planet.
To show how close this war could be, the FSB in their report states that it will be “much sooner than later,” considering the Americans have already positioned nearly 2,000 of their M1 Abrams main battle tanks in Iraq, 2,000 in Afghanistan, and tens-of-thousands of other armored vehicles between the Middle East and Asia have.



As Obama's influential adviser and Nobel Prize winning economist Paul Krugman stated, “What we need is actually the financial equivalent of war. What actually brought the Great Depression to an end was the enormous public spending program otherwise known as World War II.”

To put things in perspective, World War II and its countless millions of casualties, which was seen by the elite as nothing more than a huge boost to our economy, shows how dangerous these elitists are to our world and the unimaginable lengths they will go to insure their own well-being and survival.

And while you are probably asking yourself why all this is not headline news, it is because of the United States leadership's fear of “unprecedented chaos” that this information has been kept out of the mainstream media. To explain how and why this type of news is silenced, read my article from Wednesday, July 13, 2011, 25 Ways the NWO Suppresses the Truth with Disinformation and Lies.

If you would like to read further into the WWIII scenario, I recommend you read The Next Great Clash, written by Michael Levin and augmented by his personal experience in China, Russia, and the United States, combines years of scholarly research and political analysis along with a riveting and up-to-date history of Chinese-Russian relations. This bold and iconoclastic tour de horizon is a must-read for anyone interested in international affairs of the world's only 3 superpowers.

I will close with the warning, that when the call for a “Full Mobilization” of over 1.5 million American reserve forces will be issued sooner or later. When that day comes, be ready for total war.

Do you believe that the US elite could and/or would initiate a world war in order to establish a new world order? Your opinions and comments are appreciated.

Written By: Tom Retterbush 


The Next Great Clash
These are uncertain times. The balance of power is continually shifting worldwide. In The Next Great Clash, Michael Levin presents evidence of a global political order on the verge of a historic power shift from West to East. A reemerging China is the only nation with the latent capacity to challenge American hegemony, and Levin demonstrates that such challenges to the status quo usually lead to war. Russia, even in its diminished capacity since the end of the Cold War, has positioned itself as the swing player in a future war between the United States and China.
Order the Next Great Clash directly from Amazon, HERE 


NOTE: Although I thoroughly researched this article before publishing, with one of the main sources being Dr. Christof Lehmann of NSNBC, one of the other sources could not be verified. However, the strengthening alliance between China and Russia is well documented and causing the US leadership great concern, particularly when observing the massive buildup of the Chinese military in conjunction with the threatening language coming from both of these nations. Therefore, even should the information regarding the Federal Security Services (FSB) report turn out to be exaggerated or even false, I stand behind the overall message of this article.

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Wednesday, April 13, 2011

Chinese Economic Takeover now Inevitable Many Experts Predict

Can only the New World Order save America from the Chinese?

Economists Forecast China to overtake U.S. Economy Soon

Though the U.S. still has the world's leading economy, worth $14.6 trillion in 2010, that could soon be history!

China has 1.3 billion people! That's more than four times America’s population. China actually gives birth to more babies each year than Canada has people, and that’s after China’s  jìhuà shengyù zhèngcè policy, allowing the Chinese only one child per family.

A new television ad about the U.S. national debt produced by Citizens Against Government Waste has been deemed “too controversial” by major networks including ABC, A&E and The History Channel and will not be shown on those channels. The commercial is to honor the 1986 “The Deficit Trials” ad that was also banned by the major networks. 

Apparently telling the truth about the national debt is a little too “hot” for the major networks to handle.  But perhaps it is time to tell the American people the truth.  In 1986, the U.S. national debt was around 2 trillion dollars.  Today, it is rapidly approaching 14 trillion dollars. The American Dream is being ripped apart right in front of our eyes, but apparently some of the major networks don’t want the American people to really understand what is going on.

The ad does not even have anything offensive in it. The commercial is set in the year 2030, with the main character a Chinese professor lecturing his students on the fall of great empires. With images of the United States on a screen behind him, the Chinese professor tells his students, “they all make the same mistakes. Turning their backs on the principles that made them great. America tried to spend and tax itself out of a great recession. Enormous so-called “stimulus” spending, massive changes to health care, government takeover of private industries, and crushing debt.” 

Maybe it is the truth the Chinese Professor reveals next that is offending the big networks: “Of course, we owned most of their debt, so now they work for us”.

So is this television commercial offensive? Watch it below and decide for yourself….


1,814,473 views already, by 4/11/11 

Month after month, thousands of jobs and billions of dollars gets transferred permanently from the United States to China.

In 1985, the U.S. trade deficit with China was 6 million dollars for the entire year.  In the month of August alone, the U.S. trade deficit with China was over 28 billion dollars.

China has become an economic Superpower, growing its GDP by about 10% per year. Not long ago China passed Germany as the world's third largest econmy, this year, China passed Japan to become the world’s second largest economy, after the U.S.

World Bank's chief economist, Justin Lin said China has the potential to overtake the U.S. and become the world's largest economy in about 20 years time. There are many others (including myself) who believe this will happen much sooner.

The Chinese government has accumulated hundreds of billions of excess dollars, and U.S. government officials now regularly make trips over there to beg them to keep lending more money to our government so that we can continue to go on living far beyond our means.

But the borrower always ends up as the servant of the lender, and we are rapidly becoming the servants of the Chinese.

China is accomplishing this by openly manipulating currency rates, by allowing their population to be paid slave labor wages and by putting up unfair barriers to U.S. goods.

And our politicians are letting them get away with it. In fact, one prominent economist is now projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040.

But it did not have to be this way. We did not have to merge the U.S. economy into a globalized one-world economy where U.S. workers are put in direct competition for jobs with millions of Chinese workers that make less than a dollar per hour.

Factories, wealth and jobs are leaving the United States at a blinding pace.  Since 2001, approximately 42,400 American factories have closed their doors.

America is being deindustrialized, and the sad thing is that most Americans do not even realize that it is a major problem. As of the end of 2009, less than 12 million Americans worked in manufacturing.  The last time that less than 12 million Americans were employed in manufacturing was in 1941.

Today, the United States spends about $3.90 on Chinese goods for every $1 that China spends on goods from the United States.

Meanwhile, formerly great American manufacturing cities such as Detroit now look like post-apocalyptic war zones.

But this is just the beginning of the end for America. China is also on track to outstrip the U.S. in scientific research activity over the next two years, according to a Royal Society report.

A Market Watch report picks out China as leading the 'Bric' pack of emerging economies (Brazil, Russia, India and others) in catching up with and, in the case of China, superseding traditional scientific leaders the U.S., Western Europe and Japan on various running tracks of the scientific landscape.

China will overtake the global share of published research articles in 2013, according to the report, Knowledge, Networks and Nations, published recently.

China will also become a global cultural leader, already for the first time in the auction world, China topped the United States and the United Kingdom as the biggest seller of art last year. Chinese public auctions in 2010 accounted for 33% of worldwide global fine art sales, while American houses sold 30% and UK 19 %. AllGov

China is winning and we are losing 

It almost looks as if The New World Order may be the only thing that could save Americam, Europe and the rest of Western Civilization from the Chinese threat. I'm sure the Rothschilds, Rockefellers, Warburgs and the other major international bankers, as well as western societies most esteemed scientists, researchers and cultural leaders are scrambling to prevent this from happening. In case you haven't noticed, the NWO does not include any Chinese, Japanese, Korean or any other Asian members.

So which would be worse? Being controlled by the Chinese or the NWO? Maybe the NWO is counting on our fear of the Chinese to get our approval and support?

So what do you think?  Please leave your opinion via a comment down bellow.

Edited By: Tom Retterbush


Tomorrow on Conspiracy WatchThe Chinese Takeover of America, comming Thursday, April 13, 2011.



Sources

Tuesday, February 22, 2011

How International Bankers Gained Control over the United States

Control the Money, Control the World!

The powers of capitalism had a far-reaching plan, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.

Their secret is that they have annexed from kings, queens, dictators, democracies and republics alike, the power to create the world's money.

International Bankers have Stolen the Power from the Worlds' Sovereign Nations to Create Money

The system of privately owned banks beginning in England in 1694 and now dominating the United States and every developed nation have financed most of the world's wars in the last three hundred years, greatly enabled and extended them by financing both sides, and driven these countries into massive debt, essentially enslaving governments and populations to international banking institutions

We cannot even begin to understand how great concentrations of economic and political power have developed in our country, why our farmers are being driven out of the agricultural industry in droves, how the advocates of world government are aiming to subjugate the nutritional supplement industry to the much more concentrated pharmaceutical industry, or why we are approaching a massive financial crisis that threatens to vaporize the average person's wealth while enriching only the very tip-top figures in the banking industry, unless we understand what real money is and what kind of an unthinkable crime and complete conspiracy the formation of our central bank has been.

The Rise of the Bankers

The banking industry evolved out of the gold industry. Goldsmiths would give certificates of ownership to customers so that they could hold on to their gold and keep it safe until needed.

However, eventually the goldsmiths discovered a process we now call "fractional reserve banking." They realized that at any given time, only a small number of people would come in to retrieve their gold. So they could make a lot more money if they simply issued ownership certificates for gold that didn't exist.

This, of course, is outright fraud. It is the exact same thing as making counterfeit money - but has nevertheless been the standard of the banking industry ever since.

The goldsmiths also discovered that if they increased the supply of this counterfeit money, they could produce an "economic boom" in which people would engage in much more risky economic projects requiring large loans - in fact, one of these absurd economic projects once included a plan to drain the Red Sea and search for gold the Egyptian army lost as they were chasing the Israelites - but then when they tightened the money supply the economy would shrink, causing a depression, which would allow them to foreclose on land, buildings and other goods purchased by the loans, allowing them to acquire these things at pennies on the dollar.

The Rise of Privately Owned Central Banks

Much of Christian Europe enacted usury laws that greatly hurt economic development by banning the collection of interest on loans. This stopped people from lending, and thus stopped anyone from engaging in economic activity that they couldn't finance themselves.

In the seventeenth century, however, the kings and queens of England relaxed the prohibition of interest, allowing the banking industry to flourish once again, then tightened them, causing a backlash. The bankers financed a revolution against King Charles, financed many wars, and threw the country into a great depression. The government was so indebted to the bankers that it sold them the right to establish a central bank that would have an exclusive monopoly on the right to produce the nation's money.

The bankers used this sale as an opportunity to expand on an old trick. Rather than paying the government the full price for the rights to the central bank, they put up only part of the capital, and then printed money out of thin air to "loan" to themselves to put up the rest!

Around the same time, the Rothschild family was coming to power in Germany. Moses Amschel Bauer, a goldsmith, opened a German moneychanging shop whose logo was an eagle against a red shield. From the German for "red shield," his son, Mayer Amschel Bauer, changed his last name from Bauer to Rothschild. Read my article, History of the New World Order: House of Rotschild Conspiracy,on Conspiracy Watch to learn all about the beginings of the Rotschilds, New World Order and international banking industry.

Rotschild Family Tree
Rothschild had five sons whom he sent all over Europe to establish centers of banking power. The family quickly learned that loaning to governments was far more profitable than loaning to individuals because the loans were larger and were secured by the government's power to tax. Moreover, so long as governments are supplied with sufficient finances, they can get involved in extensive wars, which destroy things that need to be rebuilt, and thus consume massive amounts of money. Once the debt is established, the government becomes locked into an endless cycle of using taxes to pay off interest as it goes further and further into debt.

Nathan Mayer Rothschild went to London and financed the wars against Napoleon, multiplying his 20,000 pounds by a factor of 2,500 in just 17 years. The Rothschilds financed American monopolies of railroads and steel, the diamond monopolies of Africa, and much of JP Morgan's financial exploits in America.

The Rise of Central Banking in America

In the century leading up to the American Revolution, gold and silver were so scarce in America that the colonies printed their own money called "colonial scrip." When King George asked Ben Franklin how the colonies became so prosperous, Franklin told him it was because they printed their own money and therefore never fell in debt to the bankers.

Colonial Scrip
Once King George heard this, he banned the colonial scrip, causing a massive depression in the colonies. England, having engaged in four large wars following the establishment of its own central bank was nearly 150 million pounds in debt - leading the king to levy taxes against the already hurting colonies. Franklin attributed the American Revolution primarily to the economic disaster resulting from the prohibition of colonial scrip.

To finance the war, the Continental Congress issued a new form of paper money, but produced so much of it that it plunged America even further into economic disaster. By the end of the war, a pair of shoes sold for $5,000!

Fast forward a few years. Alexander Hamilton wanted a robust national debt to align the interests of the wealthy with the government. If the government was in debt to the rich, the rich would support high taxes so it could pay them interest on the loans, and the government would do their bidding since they'd be pulling its purse strings.

After making a false start before the Constitutional Convention of 1787, Hamilton and the wealthy businessman Robert Morris successfully created a privately owned central bank called the First Bank of the United States in 1791. This was just one year after Mayer Amschel Rothschild stated, "Let me issue and control a nation's money, and I care not who writes its laws."

This time, the bankers pushed their fraudulent "fractional reserve" scheme to its limits. The government put up 20 percent of the capital for the bank, and the bankers put up the rest. But where did they get the other 80 percent? They took it on loan from the bank!

By lending out four dollars for every one dollar the bank held on reserves, the 20 percent of the capital the government put up suddenly morphed into the 80 percent the bankers were supposed to supply! So the bankers took control of the nation's money supply without contributing anything except their keen ability to form conspiracies against the public.
President Andrew Jackson
After five years, the nation was $8 million in debt and inflation had gone up 70 percent. Thomas Jefferson stated that if he could obtain one constitutional amendment, it would be one that prohibited Congress from borrowing money. Although Jefferson moved to abolish the central bank, this was not accomplished until Madison's presidency years later. The same scenario repeated itself in 1816, and President Andrew Jackson, who campaigned on the slogan "Jackson and No Bank" abolished it, and was the only president in US history to ever completely pay off the national debt. We were debt-free!

Prosperity Without a Central Bank

For 77 years, America was without a central bank. Even though the bankers had engaged in many other activities to increase their power - like getting "national bank" charters allowing them to practice fractional reserve lending, banning the use of America's abundant silver as money to make the common man dependent on the bankers' gold, deliberately causing economic depression to buy up masses of land at pennies on the dollar - the free market favored the common man, and the bankers' power diminised over time.

America began building an economy built on savings rather than debt. In 1913, so many small banks had popped up that only 29 percent of banks and only 55 percent of deposits were controlled by the Big Boys that had formed the central banks and "national banks" of old. Corporations were borrowing less and investing savings instead - 70 percent of corporate funding came from profits instead of loans. If things continued the way they were going, America would have been free of the big bankers who always sought to own her.

In fact, several short-lived attempts to impose the central banking scheme on the United States were defeated by the patriotic efforts of Presidents Madison, Jefferson, Jackson, Van Buren and Lincoln. But with the passage of the Federal Reserve Act of 1913, America was firmly lashed to the same yoke, so that a small number of very rich men have been able to lay upon the masses a yoke little better than slavery itself. That yoke inevitably grows heavier with ever-compounding interest, and totals over $20 trillion of debt owed by the American people today ($80,000 per American) ultimately to these bankers.

The Formation of the Federal Reserve Bank

The big bankers had a plan. By restricting the money supply in 1907, they caused an economic panic. JP Morgan saved the day by printing money out of thin air to create an economic "boom," and many widely revered him as an American hero, including Woodrow Wilson of Princeton University, who later became president.

The heads of the big banks gathered in a secret meeting on Jekyll Island off the coast of Georgia. They were so secretive that they made a pact to only use their first names, so even the servants of the house in which they met would not know who they were.

In an article called "The 'First Names Club'" appearing in the February 9, 1935 edition of the Saturday Evening Post, Frank Vanderlip, one of the participants, wrote the following:

I was as secretive, indeed as furtive, as any conspirator . . . Discovery, we knew, simply must not happen, or else all our time and effort would be wasted. If it were to be exposed that our particular group had got together and written a banking bill, that bill would have no chance whatever of passage by Congress.

The bill initially failed in Congress, but the bankers financed the presidential campaign of their supporter, Woodrow Wilson, gave the bill a different name, gathered around it a different crowd of congressional supporters, and rammed it through. That bill was eventually signed into law as the Federal Reserve Act.

The income tax amendment was pushed through at the same time in order to produce a means of paying interest on the debt into which the Fed would soon plunge the country, although it would be decades before the "income tax" would come to mean a tax taken out of your paycheck.

How the Fed Works

Usually when the media talks about the Fed, it talks about the Fed adjusting interest rates. But the Fed really controls interest rates by controlling the money supply.

The main way the Fed controls the money supply is by purchasing government bonds. The decision to purchase bonds is made by the Fed's Open Market Committee. These bonds can be purchased from the government as it issues new ones, or from banks, corporations, and individuals who hold previously issued bonds. The Fed purchases them with electronic credits that have no existence as physical money, thus increasing the money supply.


The Federal Reserve Room

These e-credits then count as "reserves" in banks that hold them. Since banks are allowed to lend out over ten dollars for every dollar they hold, this e-money that was created out of thin air multiplies itself by a factor of ten, allowing even more money to be created out of thin air.

There are two other methods of controlling interest rates and the money supply that Money Masters does not discuss. The Fed can raise or lower the "discount rate" at which it lends to other banks and financial institutions, and it can raise or lower the "reserve requirement." The reserve requirement is the quantity of money that a bank must have on reserve in order to lend a given quantity of money. For example, if the reserve requirement is ten percent, a bank can loan out $10 for every $1 it has on reserve.

In other words, the Fed not only has the right to make money out of thin air, but it also controls the amount of money other banks are allowed to make out of thin air.

Why is this bad? It's simple: when the money supply goes up, there are more dollars chasing the same amount of goods and services, so the value of the dollar goes down and prices go up. But the prices take time to go up, so the people who get the money first - like the Fed, Congress, and the Fed's favorite corporations and banks whose bonds it decides to purchase - get the full value of the money. By the time it winds up in our hands, its value has gone down.

So the system is essentially designed to transfer wealth from the common men and women of the country into the hands of the elite corporations and bankers.

The success of the central banking scheme developed into a far-reaching plan described by President Clinton's mentor, Georgetown Professor Carroll Quigley, "to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank....sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the levels of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

This vast accumulation of wealth concentrates immense power and despotic economic domination in the hands of the few central bankers "who are able to govern credit and its allotment, for this reason supplying, so to speak, the life-blood to the entire economic body, and grasping, as it were, in their hands the very soul of the economy so that no one dare breathe against their will."

There was a time in this country when to ask someone for whom he worked was considered somewhat insulting, as it implied he was an incompetent, incapable of gainful self-employment.

But now, property ownership (net wealth) is not a general feature of our society, as it was before the Civil War, and largely was still until the Great Depression. Rather, net debt and complete dependence on a precarious wage or salary at the will of others is the general condition.

Since the exercise of freedom often includes using material objects such as books, food, clothing, shelter, arms, transport, etc., the choice and possession of which requires some wealth, we are forced to admit that the general condition of Americans is one of increasing dependence and limitations on our freedom.

Since the turn of the century, there has occurred throughout the world a major increase in debt and a major decline in the freedom of individuals, and of states, to conduct their own affairs. To restore a condition of widespread, modest wealth is therefore essential to regaining and preserving our freedom.

Global Economic Crash

What's going on in America today? Why are we over our heads in debt? Why can't the politicians bring debt under control? Why are so many people - often both parents now - working at low-paying, deadend jobs and still making do with less? What's the future of the American economy and way of life?

Why does the government tell us inflation is low, when the buying power of our paychecks is declining at an alarming rate? Only a generation ago, bread was a quarter and you could get a new car for $1,995!


But there are also economists who say that there are simple things anyone can do to protect their families and to keep food on the table and a roof over our heads even in the worst of times. 

To do this, we have to understand why a depression is coming, who's behind it, what they want, and how the perpetrators plan on protecting their families. Armed with this knowledge, any of us can ride out the coming storm.

To do this, watch the rather long (3 hrs 35 min) but thorough video bellow, as to gain an understanding of how the international bankers gained control, what the situation is today and what we (YOU) can do to prepare yourself to ride out this oncoming worldwide economic depression.



Larry Bates was a bank president for eleven years. As a member of the Tennessee House of Representatives, he chaired the committee on Banking and Commerce. He's also a former professor of economics and the author of the best-selling book The New Economic Disorder.

"I can tell you right now that there is going to be a crash of unprecedented proportions. A crash like we have never seen before in this country. The greatest shock of this decade is that more people are about to loose more money then at any time before in history, but the second greatest shock will be the incredible amount of money a relatively small group of people will make at the same time. You see, in periods of economic upheaval in periods of economic crisis, wealth is not destroyed, it is merely transferred." - Larry Bates

The problem is we have one of the worst monetary systems ever devised - a central bank that operates independently of our government, which, with other private banks, creates all of our money with a parallel amount of interest-bearing debt. That's why we can never get out of debt. And that's why a deep depression is a certainty, for most of our citizens, whether caused suddenly in a severe economic crash, or gradually through continued relentless inflation. The Fed is creating it to enrich its private stockholders, just like it deliberately created the Great Depression the 1930s.

The Federal Reserve headquarters is in Washington, D.C. It sits on a very impressive address right on Constitution Avenue, right across from the Lincoln Memorial. But it is not Federal. It is not even a part of the United States government at all.

It is owned by International Bankers.

Edited By: Tom Retterbush

For more on the history and workings of our economy, watch Zeitgeist - The Movie: Federal Reserve, on my Videos page, and/or order the The Money Masters- How International Bankers Gained Control of America DVD, bellow. 


The Money Masters- How International Bankers Gained Control of America DVD
3 1/2 hour non-fiction, historical documentary that traces the origins of the political power structure. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned "central" bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation has fallen prey to this cabal of international central bankers.
Buy at Best Price from Amazon.com for $18.95 HERE



Sources
For more info on the financial crisis go to paradox4u.com
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Wednesday, September 15, 2010

Economists Still Fear a U.S. Financial, Recession Depression or Armageddon

For more than two decades, economists have predicted a major US depression.

I originally wrote this article almost two years ago, but though the timetable has proven to be somewhat off,  the US, European and world economies are in more trouble than ever.  

Though the expected turmoil never appeared, at least, not yet...economists admit we are by no means safe. America, even the world, could plunge into an depression or economic Apocalypse at the drop of a hat. Our economies have become so complex and interwoven with other economies, that anything could happen.

People are thinking we've once again weathered the storm. Everybody knows times are tough, but everybody thinks we're over the worst and that things will soon get better.

Now, with economists peddling dire warnings that the world's number one economy is on the brink of collapse, amid high rates of unemployment and a spiraling public deficit, everybody thinks they're crying wolf, including our government officials!

The guru of THIS doomsday is economist Nouriel Roubini, who first gained national recognition after predicting the chaos wrought by the mortgage crisis and the collapse of the housing bubble.

"The US has run out of bullets," Roubini told an economic forum in Italy earlier this month. "Any shock at this point can tip you back into recession."

But other economists, who have so far stayed out of the media limelight, are also proselytizing nightmarish visions of the future.

Economics Professor Roubini
Boston University professor Laurence Kotlikoff, who warned as far back as the 1980s of the dangers of a public deficit, lent credence to such dark predictions in an International Monetary Fund publication last week.

He unveiled a doomsday scenario -- which many dismiss as pure fantasy -- of an economic clash between superpowers the United States and China, which holds more than 843 billion dollars of US Treasury bonds.

"A minor trade dispute between the United States and China could make some people think that other people are going to sell US treasury bonds."

"That belief, coupled with major concern about inflation, could lead to a sell-off of government bonds that causes the public to withdraw their bank deposits and buy durable goods."

Kotlikoff warned such a move would spark a run on banks and money market funds as well as insurance companies as policy holders cash in their surrender values.

"In a short period of time, the Federal Reserve would have to print trillions of dollars to cover its explicit and implicit guarantees. All that new money could produce strong inflation, perhaps hyperinflation," he said.

"There are other less apocalyptic, perhaps more plausible, but still quite unpleasant, scenarios that could result from multiple equilibria."

According to a poll by the StrategyOne Institute published Friday, some 65 percent of Americans believe there will be a new recession.

And the view that America is on a decline seems rather well ingrained in many people's minds supported by 65 percent of people questioned in a Wall Street Journal/NBC poll published last week.

"It is true: Today's economic problems are structural, not cyclical," argued New York Times editorial writer David Brooks.

He said the United Sates is losing its world dominance much in the same way the British Empire began to crumble more than a century ago.

"We are in the middle of yet another jobless recovery. Wages have been lagging for decades. Our labor market woes are deep and intractable," Brooks said.

Nobel Economics Prize winner Paul Krugman also voiced concern about the fate of the fragile economic recovery if voters return the Republicans to political power.

"It's hard to overstate how destructive the economic ideas offered earlier this week by John Boehner, the House minority leader, would be if put into practice," he wrote in a recent editorial.

"Fewer jobs and bigger deficits -- the perfect combination."

The Wall Street Journal, usually more favorable to Boehner's call for tax cuts, ran a commentary from another Nobel Prize-winning economist -- Vernon Smith -- that failed to provide much comfort for readers.

"This fact needs to be confronted: We are almost surely in for a long slog," Smith wrote.

And it seems such pessimism has even filtered into the IMF, which warned on Friday that high levels of national debt and a still shaky financial sector threaten to derail the global economic recovery.

"The foreclosure backlog in US property markets is large and growing, in part due to the recent expiration of the home buyer's tax credit. When realized, this could further depress real estate prices."

This could lead to "disproportionate losses" for small and medium-sized banks, which could in turn "precipitate a loss of market confidence in the recovery," the IMF warned.

As foreign nations lose interest in financing Washington's deficits, interest rates will soar. Soon, America will face the economic burden of 76 million aging boomers. Beginning in 2011, expenditures for Medicare, Medicaid and Social Security will start to grow rapidly. During this same period it is likely that peak oil will have been reached; this alone promises to cause worldwide devastation.

In summary, America's declining economic position and weakened competitive landscape will become major issues at hand the trade imbalance and federal debt, free trade, healthcare, Social Security, pensions, the real estate bubble, the war in Iraq, tensions in the Middle East, the global oil shortage, and the effect baby boomers will have when they realize that they will never see the Golden Years they had been promised.

But this is all just the beginning. If you want a clearer piture of our future, go see The Book of Eli.

Then you may want to get your affairs in order and prepare for the end.

Written By: Tom Retterbush
Email: tomretterbush@gmail.com
Updated: 7-11-2012

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