“Paper money eventually returns to its intrinsic value —- zero.” – Voltaire
“You have to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the Government. And, with due respect for these gentlemen, I advise you, as long as the Capitalist system lasts, to vote for gold.” – George Bernard Shaw
The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sin . . . Bankers own the earth. Take it away from them but leave them the power to create money, and, with a flick of a pen, they will create enough money to buy it back again . . . Take this great power away from them, and all great fortunes like mine will disappear, for then this would be a better and happier world to live in. . . . But, if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit.
– Sir Josiah Stamp, Director of the Bank of England, 1927
This bailout is a repeat of the last attempted Fascist coup in America,1933. Backed by the same people that backed the Fascist coup in Germany also 1933.
The Reichstag fire was an arson attack on the Reichstag building in Berlin on 27 February 1933. The event is seen as pivotal in the establishment of Nazi Germany.
“As the evidence piled up, there was little doubt that the Nazis themselves had set the fire…
The burning of the Reichstag six days before the election, depicted by the Nazis as the beginning of a communist revolution, resulted in the Reichstag Fire Decree, which (among other things) suspended civil liberties and habeas corpus rights.
Any of this sound familiar?(911,Patriot Act?)
IF THE BUSH’s ARE NOT NAZI’s OR FASCIST’s EXPLAIN THIS…….FASCIST COUP OF AMERICA ALSO 1933?
20 years of unregulated Fractional Reserve banking practices ,.. basically creating money out of thin air by creating debt, which they call money, and charging for services and interest. Artificially raising prices as more people can bid for the items.
Basically deregulating the financial services which led too`the Federal Reserve System’s expansionary monetary policy in the 1920s, arguing that the policy allowed misallocations of capital resources and supported a massive stock price bubble`
20 years later in 1933 the stock market had crashed ,the Great Depression was in full swing and America was BANKRUPT!
The Business Plot (also the Plot Against FDR and the White House Putsch) was an alleged political conspiracy in 1933 wherein wealthy businessmen and corporations plotted a coup d’état to overthrow United States President Franklin D. Roosevelt. Backed by Wall Street financiers including J.P. Morgan & Co., the Du Pont interests, Remington Arms ,”A BBC documentary claims Prescott Bush, father and grandfather to the 41st and 43rd US Presidents respectively, was also connected.”
“Many traditionalists, here and in Europe, toyed with the ideas of Fascism and National Socialism; many liberals dallied with Socialism and Communism.” Cramer argues that this explains why some American business leaders viewed fascism as a viable system to both preserve their interests and end the economic woes of the Depression
The Congressional committee report confirmed Butler’s testimony (emphasis added):
In the last few weeks of the committee’s official life it received evidence showing that certain persons had made an attempt to establish a fascist government in this country…There is no question that these attempts were discussed, were planned, and might have been placed in execution when and if the financial backers deemed it expedient.
Why do we know SO LITTLE about this???
In 1934, newspapers were controlled by an élite — according to then-Interior Secretary Harold L. Ickes, 82 per cent of daily newspapers monopolised their communities; the media down-played Gen. Butler’s testimony to protect the interests of advertisers and their owners.
MEDIA CONTROL TODAY is even WORSE
When you consider Prescott Bush
In 1924, Bush became vice-president of A. Harriman & Co. His father-in-law, George Herbert Walker also worked with the company, as did E. Roland Harriman and Knight Woolley, Bush’s Yale classmates and fellow Bonesmen
Bush,as well as Harriman, was a member of the Board of Directors of Union Banking Corp, whose assets were seized under the Trading with the Enemy Act due to ownership by “enemy nationals”.i.e. NAZI’s
Throughout the 1930s, with the loans provided through the Dawes and Young Plans, Germany was able to create a few dominant industrial cartels, which were all financed by Wall Street bankers and industrialists. These cartels provided the basis for and main financial backing of the Nazi regime. Collaboration between the German Nazi industry and American industry and finance continued, specifically with Morgan and Rockefeller interests, as well as Ford and DuPont. The Morgan-Rockefeller international banks and companies associated with them “were intimately related to the growth of Nazi industry.” Rockefeller’s Standard Oil Empire “was of critical assistance in helping Nazi Germany prepare for World War II.” On top of this, the Rockefeller Foundation was also pivotal in not only funding the racist and elitist eugenics movement in the United States, but played a pivotal part in bringing the eugenics ideology to Nazi Germany, facilitating the beliefs that brought about the Holocaust.
Antony C. Sutton, Wall Street and the Rise of Hitler. G S G & Associates Pub
Edwin Black, Eugenics and the Nazis — the California connection. The San Francisco Chronicle: November 9, 2003: http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2003/11/09/ING9C2QSKB1.DTL
TODAY’S CREDIT CRISIS IS CAUSED BY THE SAME PEOPLE FOR THE SAME REASONS
So,a repeat of this is ,the crisis started 2007/8 ,then expect a “recovery” 2009/10 ,this will be a fake “Pump and Dump” recovery ,the REAL collapse will happen 2012.Probably worse than before as no “New Deal” is on the cards this time. The recovery money is going straight to the bankers.
CHINA NOW CALLS THE SHOTS
China Is Through Screwing Around, Seeks to Deploy Reserves to Buy Real Assets
Folks, China is through screwing around. They’ve made it clear that don’t HAVE to buy our debt and are quite comfortable putting their money to use elsewhere. The fact that the Fed is now buying Debt from the Treasury in this sneaky fashion makes it clear that without the Fed, we might have seen failed auctions.
And the dollar and Treasuries are on borrowed time. Indeed, the dollar may very well start the next wave of this financial crisis. If that happens, gold could very well explode through the roof.
U.S. Govt Yuan Bond Threat to U.S. Dollar
The Chinese are in town to meet with the USGovt officials on continued debt support. The public will surely NOT be told what is discussed. One informed contact wrote this morning that the US lies as a terminal patient in the Intensive Care Ward, and seeks a death with dignity from its Chinese creditor doctors. The challenge to China is to protect its main core of US$-based reserves, and to protect future investments.
The USGovt might soon issue bonds, except not in US$ denomination, but rather in Yuan currency. Out of the gate (with debt signposts), the USGovt must purchase gigantic swaths of Yuan and pay with USDollars. The result is a quantum decline in the US$ exchange rate
The USDollar exchange rate would fall with each debt issuance
The loan balance in USGovt debt would rise with a declining USDollar
The Yuan currency would be further established as a global reserve alternative
Continued trade settlement in Yuan terms would be enabled
Rise in entire cost structure to the USEconomy from commodity pricing
The risk of USTreasury Bond default grows with each passing new issuance
Rumors are ripe that in a March trip to Beijing, Secy State Hillary cut a deal promising Eminent Domain on US property in return for continued USTreasury Bond support. So maybe a shopping basket of thousands of homes, hundreds of commercial buildings, scads of idle industrial plants, and a few million acres of farmland are soon to be seized by the Chinese in exchange for USTreasury Bond debt. One must wonder. The American people, i.e. USA Inc shareholders, will be the last to know in this criminal syndicate environment, a hatched cloud from the Fascist Business Model. Seemingly on a quarterly basis, something must be handed to the Chinese for continued USTBond support. The USTreasury officials and USFed have lied through their teeth about avoiding direct monetization.
The US Embassy in Beijing confirmed the deal to the source. Hillary closed the deal. A quid-pro-quo agreement was struck, continued USTBond purchases in return for Eminent Domain option to exercise by China for property seizure, “ to physically take, inside the USA, land, buildings, factories, perhaps even entire cities.” The concepts of colonization and carpet-bagging should come to mind!
WELCOME TO THE CHINESE COMMUNIST REPUBLIC OF CALIFORNIA ,just around the corner if the US Government has its way.
BETTER START LEARNING CHINESE