The bursting debt bubble
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The Bursting Debt Bubble. America’s Greatest Danger!. WARNING!!!!. What you are about to see is highly controversial, and may be offensive to some audiences. Viewer discretion is advised: It may well cause anxiety and sleepless nights to viewers unprepared to: HANDLE THE TRUTH!!!.

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The Bursting Debt Bubble

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The bursting debt bubble

The Bursting Debt Bubble

America’s Greatest Danger!


Warning

WARNING!!!!

  • What you are about to see is highly controversial, and may be offensive to some audiences. Viewer discretion is advised: It may well cause anxiety and sleepless nights to viewers unprepared to:

    HANDLE THE TRUTH!!!


Historical insights

Historical Insights

  • Dateline October,1690: The Colonial Government of Massachusetts faced a very grave fiscal crisis – its militia soldiers were returning, defeated and empty-handed, from a raiding expedition to Quebec against the French. The government had a BIG PROBLEM. They had no money to pay the soldiers as promised. (They owed them 7,000 British Pounds Sterling.)

  • Knowing that tired, angry, and hungry soldiers could be extremely dangerous to non-performing politicians, the desperate leaders of the colony cranked up their local printing press and produced 7,000 paper notes as a “bill” to the soldiers (each “note” represented one British Pound – payable to the bearer in two years.)


Original bay colony solemn promises made in 1690

Original “Bay Colony” Solemn Promises Made in 1690

  • The soldiers were given solemn OATHS by their Massachusetts leaders wherein they were guaranteed two things:

  • 1. The printed “bill” or note payable would absolutely be redeemable in GOLD or SILVER from TAX REVENUE in less than 2 years.

  • 2. Absolutely NO MORE such paper notes would EVER be put into “circulation”!

    What choice did the soldiers have, really? There truly was no silver available to pay them – since they had failed to gain the targeted FURS, gold or silver from the French garrison at Quebec.


Did the politicians of 1690 keep their promises

Did the Politicians of 1690 Keep their Promises??

  • After seeing that the local shops and taverns were more than willing to accept the soldier’s paper notes in lieu of gold or silver coin, (the tavern owners could redeem the notes just as easily as the soldiers) the politicians of Massachusetts quickly realized they had a powerful new economic tool (or weapon) at their disposal --- PAPER MONEY!!!

  • Less than 6 months after the first 7,000 notes were given to the soldiers, 40,000 additional “bills” were printed and “circulated” as payment of colonial government obligations. This is what is known as “fiat” money – a Latin word for “authoritarian government decree.”


Early mon k ey mechanics

Early Monkey mechanics

  • As the 2nd, much larger wave of 40,000 new notes began to circulate – shrewd business owners soon began to SIGNIFICANTLY devalue (as much as 60% of face value) the paper bills vs. genuine gold or silver coins. Of course, commodity prices surged as well.

  • Within months, the entire market began to reject outright the paper bills as “fraud” – causing the politicians to save face by adopting FORCE. By lavishly bribing judges to uphold their “OFFICIAL DECREE” in the courts, the politicians declared their paper to be a “legal tender” for all debts – and immediately granted a 5% premium discount on the notes for ALL colony tax payments. Business owners declaring otherwise were often fined or even jailed on bogus charges of “disturbing the peace”!


Early mon k ey mechanics1

Early Monkey mechanics

  • Fed up with this chicanery, many outspoken critics chose to move from the cities of Massachusetts to the “western frontier”. They took their Spanish Silver Dollars with them.

  • Once the fiat money “genie” had been released from the bottle – it was soon adopted by other colonial governments as well. The colonial governments formed a “land bank” – and tied the paper bills to land they controlled. By the mid 1740’s “paper money” in circulation soared to more than 250 million British Pounds in face value, even though there was only 2 million pounds sterling in actual true coinage (silver specie) available!!


The structure of america circa 1740

The Structure of America Circa 1740


Barter trade was commonplace especially with the indian tribes

Barter (Trade) Was Commonplace – Especially with the Indian Tribes


Spanish silver was plentiful and soon became the common standardized commodity for trade

Spanish Silver Was Plentiful and Soon Became The Common Standardized Commodity for Trade


Why spanish silver

Why Spanish Silver??

  • Spain had preceded Britain in North America colonialism and settlement by two centuries. As early as the mid 16th century, Cortez and Pizaro had conquered the Aztec and Inca cultures, and plundered their massive precious metals. Countless “plate fleets” unloaded tons of gold and silver to Spain and Portugese ports.

  • Moreover, Spain had been operating coinage mints on the American continent since the early 1500’s. French and Indian Fur Traders quickly learned that the English colonists would ALWAYS trade eagerly for Spanish silver dollars!! In 18th century America, the Spanish Silver Dollar was king of all trade goods.


What of british coinage in america

What of British Coinage in America?

  • It was basically in a very sorry state – often what “official” coinage circulated in the colonies were worn and “shaved” by greedy “skin-flints” in the colony, the “crowns, shillings and farthings” that were disbursed in the “colonies” were often rejects sent abroad by merchant “clearing houses” in Britain.

  • According to colonist Steven Leake in a 1745 Boston newspaper:


British half crown circulated in the colonies in 1746

British “Half Crown” Circulated in the “Colonies” in 1746

Half-Crown silver coin of George II, 1746. The inscription reads GEORGIUS II DEI GRATIA (George II by the Grace of God). Under the King's head is the word LIMA, signifying that the coin was struck from silver seized from the Spanish treasure fleet off Lima, Peru.


Basic economic law 101

BASIC ECONOMIC LAW 101!

  • INFLATION CAN ONLY BE CAUSED BY TOO MUCH FIAT, PAPER MONEY PLACED IN CIRCULATION WITHOUT AN ENFORCEABLE LINKAGE TO INCREASED GDP, THUS PAPER MONEY HAS NO REAL, INTRINSIC VALUE!!!

  • For example, if 2000 paper dollars were all that was available in this room, and we all agreed that my solid gold wrist watch could be purchased for 1/10 (200) of these finite dollars – what would happen if 2000 more paper dollars suddenly and “magically” appeared AFTER I had just sold my watch?? (I just lost ½ of my watch’s actual INTRINSIC purchasing value.)

  • What if the bogus paper money appeared BEFORE the watch sold – and I knew it beforehand??


Boom and bust cycles abound

Boom and Bust Cycles Abound

  • With such a paper money system, truly smart merchants in the Colonies soon realized that when “new bills” first arrived – the economy soared by this “government spending”. Soon, however, the economy would stagnate (receed) until another infusion of paper “bills” would stimulate activity again.

  • Also, it became readily apparent that with over 2.5 million government “bills” circulating, the SPANISH COINS purchasing value soared.

  • By 1750, the FREE MARKET price of silver (originally set at a par with the notes) was trading as much as 10 times higher than the notes!!

  • In less than 60 years, the Massachusetts colony had turned its promise to fully repay in specie (gold and silver coins) into a complete farce: Its notes were now trading at 90% less than their face value!!!!


King george ii of hanover takes action

King George II of Hanover Takes Action

  • Finally realizing the disruptions of trade and productivity that such fiscal irresponsibility was causing in his colonies, King George II - King of Great Britain and Ireland, Duke of Brunswick-Lüneburg (Hanover, GERMANY where he was born) and Archtreasurer and Prince-elector of the Holy Roman Empire (his official title from 11 June 1727 until his death in 1760) officially OUTLAWED the issue of ANY CURRENCY not 100% backed by gold or silver.

  • However, the king’s agents refused to honor exchanges of the paper money to gold and silver with the French and Indian trading partners.


War begins based on money interest

War Begins Based on Money Interest

  • Following the official 1851 monetary decree of King George II, hostilities become commonplace against British interests in Northern “New England” especially so along the Ohio “western frontier” - and the “French and Indian War” began in 1754 – and officially lasting until 1763.

  • Of course, war is expensive, and King George III, who succeeded his father and inherited the colonial war, was presented the final bill in 1766.

  • George III took the position that since this War was basically started by the colonies, they should at least help pay for it. New taxes were soon imposed – and which were VIOLENTLY OPPOSED by the colonists. This eventually led to the Revolutionary War in 1776!


The bursting debt bubble 1354107

Map showing British territorial gains following the Treaty of Paris in pink, and Spanish territorial gains after the Treaty of Fontainebleau in yellow.


Thomas jefferson begins writing

Thomas Jefferson Begins Writing

  • Jefferson authored the “Declaration of Independence” in 1776, and was clearly one of the deep thinkers of his time.

  • He wrote: Free government is founded in jealousy, and not in confidence; it is jealousy and not confidence, which prescribes limited constitutions, to bind down those whom we are obliged to trust with power.


More jefferson pearls of wisdom

More Jefferson Pearls of Wisdom:

  • “If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, and give the earnings of fifteen of these to the government for their debts and daily expenses; And the sixteen being insufficient to afford us bread, we must live, as they do now, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account; But be glad to obtain subsistence by hiring ourselves to rivet their chains around the necks of our fellow sufferers; And this is the tendency of all human governments. A departure from principle in one instance becomes a precedent for a second, that second for a third, and so on 'til the bulk of society is reduced to mere automatons of misery, to have no sensibilities left but for sinning and suffering...and the forehorse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression.


Please consider

PLEASE CONSIDER:

  • When pondering the words of Jefferson over two hundred years ago, consider these extremely sobering FACTS:

  • If EVERY CITIZEN OF AMERICA WERE TO PAY 100% OF THEIR GROSS INCOME TO THE FEDERAL GOVERNMENT, IT WOULD NOT BE ENOUGH TO EVEN COVER HALF OF THE ANNUAL INTEREST ON THE NATIONAL DEBT!!!

  • The U.S. National Debt is owed to the Rothschild Banking Cartel

  • The U.S. Government declared bankruptcy in 1933 – at the depth of the “Great Depression.”


Jefferson on banking

Jefferson on Banking:

  • “The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered.”

  • “Banking establishments are more dangerous [to this Republic] than standing armies.”

  • “I wish it were possible to obtain a single amendment to our constitution taking from the Federal Government their power of BORROWING.”


Are americans homeless today

Are Americans Homeless Today??


U s constitution ratified in 1787

U.S. Constitution Ratified in 1787


A key component of the u s constitution to regulate money

A KEY COMPONENT of the U.S. Constitution: TO REGULATE MONEY!!

  • Original U.S. Constitution

    Art. I Sec. 8 Cl. 5 [Congress shall have Power ... ] To coin Money, regulate the Value thereof, and of foreign Coin, ...; Art. I Sec. 10 Cl. 1 [No State shall ...] make any Thing but gold and silver Coin a Tender in Payment of Debts; ... Note that there is no such prohibition against Congress, or any delegated power to make anything legal tender. Congress was originally understood to have no power to make anything legal tender outside of federal territories, under Art. I Sec. 8 Cl. 17 and Art. IV Sec. 3 Cl. 2, but in 1868 a Supreme Court packed by Pres. Ulysses S. Grant, in the Legal Tender Cases, allowed Congress to make paper currency issued by the U.S. Treasury, backed by gold, legal tender on state territory, a precedent that remains controversial to this day, as courts now allow paper currency not backed by anything to be considered "legal tender".


Coinage act of 1792 amended u s constitution

Coinage Act of 1792 Amended U.S. Constitution

  • The Act authorized production of the following coins:[3

  • Eagles $10 247 4/8 grain (16.0 g) pure or 270 grain (17.5 g) standard gold

  • Half Eagles $5 123 6/8 grain (8.02 g) pure or 135 grain (8.75 g) standard gold

  • Quarter Eagles $2.50 61 7/8 grain (4.01 g) pure or 67 4/8 grain (4.37 g) standard gold

  • Dollars or Units $1 371 4/16 grain (24.1 g) pure or 416 grain (27.0 g) standard silver

  • Half Dollars $0.50 185 10/16 grain (12.0 g) pure or 208 grain (13.5 g) standard silver

  • Quarter Dollars $0.25 92 13/16 grain (6.01 g) pure or 104 grains (6.74 g) standard silver

  • Dismes $0.10 37 2/16 grain (2.41 g) pure or 41 3/5 grain (2.70 g) standard silver

  • Half Dismes $0.05 18 9/16 grain (1.20 g) pure or 20 4/5 grain (1.35 g) standard silver

  • Cents $0.01 11 pennyweights (17.1 g) of copper

  • Half Cents $0.005 5 1/2 pennyweights (8.55 g) of copper


Did you know that in the coinage act of 1792

Did You Know that in the Coinage Act of 1792:

  • Quality control measures were implemented in that from each separate mass of gold or silver used to produce coins, three coins were set aside by the treasurer. Each year on the last Monday in July, under the inspection of the Chief Justice, the Secretary and Comptroller of the Treasury, the Secretary of State, and the Attorney General, the coins were to be assayed and if the coins did not meet established standards, the officers were disqualified from office.

  • Further, as specified in section 19, the penalty for fraud or embezzlement by officers or employees of the mint, or of debasing or making the currency to "be of less weight or value" was DEATH. WHY??

  • The founding fathers knew full well that debasing the currency was a profound act of TREASON – as Jefferson declared so profoundly!!!!


John f kennedy understood

John F. Kennedy Understood:

  • "For we are opposed, around the world, by a monolithic and ruthless conspiracy that relies primarily on covert means for expanding its sphere of influence; in infiltration instead of invasion; on subversion instead of elections, on intimidation instead of free choice; on guerillas by night instead of armies by day.”


Kennedy understood

Kennedy Understood:

  • “It (the ‘monolithic and ruthless conspiracy’) is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific, and political operations. Its preparations are concealed not published. Its mistakes are buried, not headlined, its dissenters are silenced, not praised; no expenditure is questioned, no rumor is printed, no secret is revealed. It conducts the cold war, in short, with a wartime discipline no democracy would ever hope to wish to match. ..."


Did you know

Did You Know:

  • President John F. Kennedy spoke these words at Columbia University and later identified that their PRIMARY GOAL, among other things, was to “debase the currency of America”? (This is what Jefferson understood as well.)

  • Shortly after giving this speech, Kennedy issued Executive Order 11110 – which clearly authorized the U.S. Treasury to print SOUND MONEY (certificates pegged entirely to silver) in direct competition with the face of the “Monolithic Conspiracy” called the Federal Reserve.

  • A few weeks later, Kennedy was killed!!

  • Lyndon Johnson’s 1st OFFICIAL ACT as President was to revoke E.O. 11110, and eventually signed the clearly unconstitutional “Coinage Act of 1965” effectively and formally debasing and devaluing the U.S. Silver Dollar.

  • I submit this was an act of high treason punishable by DEATH, according to our Founding Fathers’ Coinage Act established back in 1792!!!!!


Johnson takes over with a wink and a nod to congressman albert thomas

Johnson Takes Over, With a WINK AND A NOD To Congressman Albert Thomas!!!!


Did you know1

Did You Know:

  • In 1792, the price of silver was $1.29 an ounce

  • In 1965, the price of silver was $1.29 an ounce

  • In 2010, the price of silver is $28.69 an ounce – representing an inflation rate of 2500%??

  • Silver is the “Litmus Test” for inflation worldwide – in every industrialized nation?

  • Since the dawn of the “Holy Roman Empire” and decree of Caesar, silver is ALWAYS to be valued at 1/16 the price of gold? Historically, that has always been the norm for over 2,000 years. This was also THE LAW in 1792 – (see Coinage Act.)

  • Since gold is now hovering around $1400 an ounce, the true value of silver is thus $87.50.


Architect of deceit henry h fowler

Architect of DeceitHenry H. Fowler

  • As an employee of the Note Payable brokerage KINGS of international finance, Goldman Sachs, Henry Fowler was the Rothschild’s mole in the Kennedy Cabinet, and was elevated to Treasury Secretary after LBJ’s election in 1964.

  • His PAYMENT for his treason? A position as PARTNER in Goldman Sachs, New York City.


Lyndon johnson s remarks at the signing of the treasonous 1965 coinage act

Lyndon Johnson’s Remarks at the Signing of the TREASONOUS 1965 Coinage Act

  • Distinguished Members of Congress, ladies and gentlemen: We are gathered here today for a very rare and historic occasion in our Nation's history.

  • Before I make some observations that I have made note of here, I want to say to the Congress again, as I do almost daily these days, in the words of the Navy--"Well done."

  • When I have signed this bill before me, we will have made the first fundamental change in our coinage in 173 years. The Coinage Act of 1965 supersedes the act of 1792. And that act had the title: An Act Establishing a Mint and Regulating the Coinage of the United States.

  • Since that time our coinage of dimes, and quarters, and half dollars, and dollars have contained 90 percent silver. Today, except for the silver dollar, we are establishing a new coinage to take its place beside the old.


Lbj s remarks

LBJ’s Remarks:

  • My Secretary of the Treasury, Joe Fowler, is a little stingy about making samples, but I have some here. Joe made sure that I wouldn't put them in my pocket by sending them over here in plastic.

  • Actually, no new coins can be minted until this bill is signed. So these strikes, as they are called, are coins that we will never use. On one side is our first First Lady, Martha Washington. On the other, a replica of Mount Vernon.

  • The new dimes and the new quarters will contain no silver. They will be composites, with faces of the same alloy used in our 5-cent piece that is bonded to a core of pure copper. They will show a copper edge.

  • Our new half dollar will continue our silver tradition. Eighty percent silver on the outside and 19 percent silver inside. It will be nearly indistinguishable in appearance from our present half dollar.

  • All these new coins will be the same size and will bear the same designs as do their present counterparts. And they will fit all the parking meters and all the coin machines and will have the same monetary value as the present ones.


Lbj s treasonous remarks continue

LBJ’s Treasonous Remarks Continue:

  • Now, all of you know these changes are necessary for a very simple reason--silver is a scarce material. Our uses of silver are growing as our population and our economy grows. The hard fact is that silver consumption is now more than double new silver production each year. So, in the face of this worldwide shortage of silver, and our rapidly growing need for coins, the only really prudent course was to reduce our dependence upon silver for making our coins.

  • If we had not done so, we would have risked chronic coin shortages in the very near future.

  • There is no change in the penny and the nickel. There is no change in the silver dollar, although we have no present plans for silver dollar production.


The bursting debt bubble 1354107

LBJ:

  • Some have asked whether our silver coins will disappear. The answer is very definitely-no.

  • Our present silver coins won't disappear and they won't even become rarities. We estimate that there are now 12 billion--I repeat, more than 12 billion silver dimes and quarters and half dollars that are now outstanding. We will make another billion before we halt production. And they will be used side-by-side with our new coins.

  • Since the life of a silver coin is about 25 years, we expect our traditional silver coins to be with us in large numbers for a long, long time.

  • If anybody has any idea of hoarding our silver coins, let me say this. Treasury has a lot of silver on hand, and it can be, and it will be used to keep the price of silver in line with its value in our present silver coin. There will be no profit in holding them out of circulation for the value of their silver content.


Lying b@ johnson lbj

Lying B@#$% Johnson: (LBJ)

  • The new coins are not going to have a scarcity value either. The mint is geared to get into production quickly and to do it on a massive scale. We expect to produce not less than 3 1/2 billions of the new coins in the next year, and, if necessary, twice that amount in the following 12 months.

  • So, we have come here this morning to this, the first house of the land and this beautiful Rose Garden, to congratulate all of those men and women that make up our fine Congress, who made this legislation possible--the committees of both Houses, the leadership in both Houses, both parties, and Secretary Fowler and all of his associates in the Treasury.

  • I commend the new coinage to the Nation's banks and businesses and to the public. I think it will serve us well.

  • Now, I will sign this bill to make the first change in our coinage system since the 18th century. And to those Members of Congress, who are here on this very historic occasion, I want to assure you that in making this change from the 18th century we have no idea of returning to it.

  • We are going to keep our eyes on the stars and our feet on the ground.


Johnson followed orders while kennedy refused

Johnson Followed OrdersWhile Kennedy Refused

  • “Let Me ISSUE and CONTROL a nation’s MONEY, and I CARE NOT WHO WRITES THE LAWS!”

    ----Mayer Amschel Rothschild (Bauer) 1773-1855 (Notice the Blood-red “Iron Cross)


Did you know2

Did You Know:

  • PURE Silver and Gold coins are 100% inflation-proof? It will always keep its purchasing power intact, or even increase against ANY paper currency - worldwide!! SCARCITY IS GOOD!!

  • Example: My father took his U.S. Army “mustering out” paychecks after serving in Korea, cashed them, received $1500 in Morgan silver dollars from the bank, and purchased a BRAND NEW Studebaker sedan. Each Morgan dollar was a pure and honest ounce of silver that today is valued at around $28. What kind of vehicle could YOU purchase today if you had 1500 Morgan SILVER dollars in YOUR pocket? (1500 x $28 per oz. = $42,000 equivalent.)


The hidden story behind the story

The Hidden Story Behind the Story

  • ANY country, as the Founding Fathers knew so very well, that PRINTS FIAT MONEY WITHOUT ANY BASIS, debases the coinage, and issues debt notes that greatly EXCEEDS GROSS NATIONAL PRODUCT EACH YEAR, will inevitably experience MASSIVE HYPER-INFLATION, and will DIE as a national entity --- UNLESS and ONLY IF

  • Other world nations and powers purchase vast amounts of the FIAT currency as strategic reserves to cover THEIR national debt cycle. (This keeps the bubble afloat temporarily – never permanently.)

  • When this massively debased currency is abandoned, worldwide as the standard reserve currency, however, the inevitable ECONOMIC CRASH is compounded and rapid in the extreme.


Consumer debt expenditure as percentage of gross domestic product

Consumer Debt Expenditure as Percentage of Gross Domestic Product

  • Add GOVERNMENT DEBT AND OBLIGATIONS to this picture, and it REALLY GETS FRIGHTENING. (Total U.S. Federal Debt is well over $120 trillion and that is before ObamaCare takes effect in 2011.)


The price of gold is based in u s dollars as is crude oil

The Price of Gold is Based in U.S. Dollars – As is Crude Oil

  • Each and every day, Monday through Friday, precisely at 3:00 p.m. (GMT) in a board room in the heart of the City of London financial district, the world’s most powerful men meet and produce something called “The London Fix” – THEY ALONE determine the “spot price” of gold and of course this is based in USD – United States Dollars – again because the Dollar is the “World’s Reserve Currency”.

  • This is a very real litmus test to know how the USD is valued worldwide. Again, as the world’s reserve currency, the USD net value is pegged to the value of gold. When gold’s “spot price” surges above $700 USD per ounce – this is a strong warning to the world that something is terribly wrong with US Dollar –(in this case, the Federal Reserve Note Payable) – which is really NOT a true US SILVER Dollar – but a debt instrument entirely.


The bursting debt bubble 1354107

Since the “London Fix” is Generated by the heads of Federal Reserve Banks, Is the valuation truly objective?

  • Historically, the “London Fix” calculates the value of the USD (Federal Reserve Note) against the dollar, after calculating U.S. Gross Domestic Product ratios against outstanding debt obligations. It also takes into account the purchasing activity of gold worldwide as opposed to purchases of USD.

  • The more accurate and honest valuation would be to calculate the true price of gold in USD by taking the total amount of USD (Fed debt notes) held in reserve worldwide (approximately $100 Trillion) and dividing it by the total amount of gold in the world (5 billion ounces.) Based on this valuation, gold is closer to $20,000 USD per ounce. After all, other nations have been told that USD are equal to gold as a “reserve”.


Did you know3

Did You Know:

  • The United States is the ONLY country in the world that does not have to exercise STRICT tariffs and price controls in order to keep inflation controlled?

  • This is because Federal Reserve Notes can be printed as needed to cover any and all shortfalls and trade imbalances – and this is ONLY because USD is recognized as “Reserve Currency” worldwide.

  • Suppose Germany wants to buy oil from OPEC. They can’t send OPEC Marks or Euros for their oil. They first have to buy Fed Reserve Notes (USD) and then buy the oil.


The harsh reality

The Harsh Reality

  • China, Russia, France, Iran, and Japan have all agreed to begin divesting themselves of US dollars – and to eventually announce that the Chinese Yuan will be their “reserve currency.”

  • OPEC nations will do the same, thanks to the massive amount of “NEW DEBT” issued by the Obama Administration during the last two years. This is the biggest problem with the TARP bailouts.

  • There is simply no such thing as “Free Lunch” – debts always come due, sooner or later.


What does this mean

What Does this Mean??

  • Simply stated, when the bulk of the industrial nations declare a different “reserve currency” – the value of the U. S. Dollar will plummet – and HYPER-INFLATION in America will begin IMMEDIATELY.

  • Remember how volatile Crude Oil was during the Iraq War and during Hurricane Katrina? News of OPEC dumping the dollar as its reserve currency will be much, much worse – and will mean at least a TRIPLING of gas prices at the pump immediately.

  • The ripple effect of this will then take effect. Grocery store shelves will empty as trucking companies realize they can no longer afford to ship.

  • Banks will close, people will riot, and martial law will be declared. All of this can easily occur in America literally overnight.


Remember remember

Remember, Remember:

  • March 13, 2008 – a SECRET MEETING was held with U.S. Congress members – and ALL MEDIA were excluded.

  • It was leaked that this was all about executing extreme CONTINGENCY PLANS concerning a total economic collapse in America.

  • Many believed that the events of October, 2008 – the collapse of the housing market and the mortgage crisis was the culmination of the bad news and the reason for the SECRET MEETING.

  • I submit that when it is ANNOUNCED that the dollar is dumped as the world’s reserve currency – the events of October 2008 will pale in comparison.


When will this happen

WHEN will this happen?

  • NOW --- it is already happening – the world is already dumping the dollar. It is a complex and lengthy process, however, and the final event won’t be announced on the nightly news until the process is completed. Look for the official “announcement” in the summer of 2011 – or October at the latest.

  • America is spoiled and the vast majority of citizens suffer with something called “Normalcy Bias”. The vast majority will NOT believe this nightmare is a reality, until it is much too late. Then watch the rioting begin in earnest.


Solutions

Solutions

  • Realize that this is 100% real, and is GOING to happen. That is the first step - EDUCATION.

  • Prepare for the worst, and hope and pray for the best.

  • IMMEDIATELY take at least 50% of your pension or banking accounts, and buy SILVER. This is the best safe haven of all time. The Founding Fathers knew this in 1792 – and it still remains true today.

  • Prepare TODAY to leave the cities and find a place in the country where you can plant a garden this summer. Learn to can and bottle all excess veggies. You will need them!!

  • Remember that things will be VERY BAD for at least 18 months. You will need to eat, have shelter, and stay warm. Plan accordingly.


Kennedy was in dallas to give a speech listen to the words he never spoke

Kennedy Was in Dallas to Give a Speech – Listen to the Words he Never Spoke:

  • “It should be clear by now that a nation can be no stronger abroad than she is at home. Only an America which practices what it preaches about equal rights and social justice will be respected by those whose choice affects our future. Only an America which has fully educated its citizens is fully capable of tackling the complex problems and perceiving the hidden dangers of the world in which we live. And only an America which is growing and prospering economically can sustain the worldwide defenses of freedom, while demonstrating to all concerned the opportunities of our system and society.”


Kennedy s unspoken words

Kennedy’s Unspoken Words:

  • “It is clear, therefore, that we are strengthening our security as well as our economy by our recent record increases in national income and output--by surging ahead of most of Western Europe in the rate of business expansion and the margin of corporate profits, by maintaining a more stable level of prices than almost any of our overseas competitors, and by cutting personal and corporate income taxes by some $ 11 billion, as I have proposed, to assure this Nation of the longest and strongest expansion in our peacetime economic history.”


Kennedy continues

Kennedy Continues:

  • “This Nation's total output--which 3 years ago was at the $500 billion mark--will soon pass $600 billion, for a record rise of over $too billion in 3 years. For the first time in history we have 70 million men and women at work. For the first time in history average factory earnings have exceeded $100 a week. For the first time in history corporation profits after taxes--which have risen 43 percent in less than 3 years--have an annual level of $27.4 billion.

  • My friends and fellow citizens: I cite these facts and figures to make it clear that America today is stronger than ever before. Our adversaries have not abandoned their ambitions, our dangers have not diminished, our vigilance cannot be relaxed. But now we have the military, the scientific, and the economic strength to do whatever must be done for the preservation and promotion of freedom.”


Kennedy

Kennedy:

  • “That strength will never be used in pursuit of aggressive ambitions--it will always be used in pursuit of peace. It will never be used to promote provocations--it will always be used to promote the peaceful settlement of disputes.”

  • “We in this country, in this generation, are--by destiny rather than choice--the watchmen on the walls of world freedom. We ask, therefore, that we may be worthy of our power and responsibility, that we may exercise our strength with wisdom and restraint, and that we may achieve in our time and for all time the ancient vision of "peace on earth, good will toward men." That must always be our goal, and the righteousness of our cause must always underlie our strength. For as was written long ago: "except the Lord keep the city, the watchman waketh but in vain."


Conclusion a new beginning

Conclusion?? A New Beginning!!

  • Kennedy said at his inauguration: "All this will not be finished in the first one hundred days, nor in the first one thousand days, nor in the life of this administration. Nor even perhaps in our lifetime on this planet. But let us begin."


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