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Ed-M

Elaine,

If (when, more like!) Japan, Russia and the OPEC countries dump the dollar (with or without China's consent as a valid currency to buy commodities with, China will no doubt demand that the US coughs up all of its gold! So natch, the US Gov't will fascistically force WE, THE PEOPLE to surrender our privately-held gold (the gnomes and pirates will hide theirs off shore in pirate coves). What will the US Gov't get in return? Worthless Treasuries and Federal Reserve Banknotes. What will the people get in return? Zero, zilch, nada.

JT

T-bonds plunge:
http://tinyurl.com/4ej6ph

"Millions of investors will ask: “Why should I put my money in government guaranteed bonds when I can put it in government guaranteed banks and get a much higher yield?”

Or worse, some will say: “I bought your bonds because I didn't trust the banks. Now, you're giving my money to the banks anyhow. So I can't trust you anymore either.”

The chinese may get their chance sooner rather than later.
US/EU emperors stand naked -sigh-.

JT

Btw, Icelands prime minister is in Moskva.
Da.
One ameerikan airstrip in Keflavik, 4 billion dollarsky, good naval station on the side, veery cheep. Very good access to North Atlantik.

ziff house

So, why can't the US adopt a gold standard?
''This is because the US cannot return to the gold standard.''

don

I dont think their is enough gold to cover all the PAPER DEBT that is due. We are talking TRILLIONS !! Now we see the Volatility of the stock market today. I am watching Erin on CNBC and she just said I dont even look at the numbers anymore, I will just have to work till I am 100 !!
Kidding but true, but it also shows
that no-one understands what is going on,
especially WALL STREET !!!!!!!!!!!!

DrKrbyLuv

Thanks for the interesting historical perspective. Kennedy and Nixon will surely maintain their positions as Presidential enigmas.

There seems to be a terrible storm brewing from many fronts. The global credit crisis grabs the headlines but the world also seems to be preparing for huge military conflicts. Instability abounds as nations prepare to grab or control the planets resources.

Add to this the fact that pandemic fears, tainted foods and starvation concerns are looming as possible catastrophes.

I expect the Bush administration to rattle our reality with a false flag operation to help usher in martial law. Or, they may simply encourage riots in some areas to bring popular support to the jack boot cops and swat teams.

It is like the surrealistic and eerie consciousness that comes an instant before one recognizes that they are about to be involved in a very serious car or motorcycle crash.

CL

Haha ! The infamous off-shore pirate coves...

http://tinyurl.com/4uytyk

Elaine Meinel Supkis

Thanks for the link, CL.

It is a list of all the damn pirate organizations Goldman Sachs has parked offshore to avoid taxes.

They are planning to have US be taxed to support THEM, and they are all traitors and the conflicts of interest with Paulson are hideously obvious and arrest that gnome!

ziff house

not enough gold?, not at todays price. i thought the US had the largest holdings.

Josh Neumann

There's no question the US needs to return to the gold standard, but it'd be awefully difficult at this point.

capastorm

Some interesting stats on poverty and wealth: http://tinyurl.com/4jgkqx.

MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES according to the Treasury: http://tinyurl.com/722dz

CL

Nicely written piece on derivatives here

http://www.haasfinancial.com/

DrKrbyLuv

"Total Bailout Cost Heads Towards $5 TRILLION"

"The total potential cost of the financial bailout to the U.S. taxpayer is already rapidly approaching $5 trillion, over seven times as much as the meaningless $700 billion bailout bill figure."

http://tinyurl.com/54583s

Those bastard continue to steal even after they were effectively caught red-handed. If the people don't start yelling soon, then they will deserve the ass-kicking they are getting.
__________________________________

Hmmmm...."Attack on U.S. Embassy in Yemen Linked to Mossad"

"Remember the attack on the U.S. embassy in Yemen last month that took the lives of eighteen people? A group calling themselves "Islamic Jihad" claimed responsibility for the blast. It has a nice, scary ring to it hasn't it? "Islamic Jihad" also happens to be the name of a group that operates out of Gaza."

"Islamic Jihad" pointedly mentioned its affiliation with al Qaeda after claiming responsibility for the September 17 U.S. embassy bombing:

"We, the Organisation of Islamic Jihad, belonging to the Al-Qaeda network, repeat our demand of (Yemeni President) Ali Abdullah Saleh to free our detained brothers within 48 hours," said a statement signed by self-proclaimed leader Abu Ghaith al-Yamani.

Former agent for French military intelligence Pierre-Henry Bunel has this to say about 'al Qaeda':

"The truth is, there is no Islamic army or terrorist group called Al Qaida. And any informed intelligence officer knows this. But there is a propaganda campaign to make the public believe in the presence of an identified entity representing the 'devil' only in order to drive the 'TV watcher' to accept a unified international leadership for a war against terrorism..."

Well now the Yemeni authorities have arrested a group of these al Qaeda-backed militants with, surprise surprise, links to Israeli intelligence.

http://tinyurl.com/4oh2v7

PLovering

Zi juus started WWI and WWII.

And zu juus are about to start WWIII.

Wise up America.


http://www.sweetliberty.org/issues/israel/freedman.htm

C

I just wanted to know why the price of gold was down today and instead I received a history lesson with data to back it up. Well done. And scary. I don't see how the US isn't dragged down.

DeVaul

Asking the US government to return to the gold standard is like asking Black Beard to comply with international maritime laws and regulations.

The large scale, open, in-our-face, bank robbery that is happening in broad daylight as men in suits and ties run in and out of the treasury carrying out as much loot as they can possibly hold, with some returning for a second helping, means that our country is DEAD.

Dead in the same way as any ancient city or civilization that was overrun by barbarians burning, looting, and pillaging whatever remained of that country.

When barbarians have breeched the gates and are running amok through the capital city stealing everything in sight and torching the rest, there are no "solutions" left. It is over.

I have more respect for 19th century bank robbers than the current ones operating in DC. Old West bank robbers only worked during the day and rested or partied at night.

The current lot of bank robbers loot during the day and then spend their evenings lounging around with martinis and cigars thinking up ways to punish the poor with byzantine laws that favor the rich and force the poor to pay for their own security as well as that of the rich.

Real bank robbers from a century ago never indulged in that kind of outright evil. I should know. I read their new laws here at work and I can assure you not one poor person ever recommended a "surtax" (in addition to the "normal" tax of 6%) on unemployment benefits. Who would come up with an idea like that?

It is part of the new "bailout bill". I will send the analysis to you, Elaine. There is all kinds of grotesque information in it, such as this:

High-tech workers and others (read: corporate officers) who had unexcercised stock options that became worthless as a result of the dot com bust can now use those "options" to offset their future taxes.

Translation: rich people and "entrepenuers" who held stock options as part of their pay packages but never realized a gain on them because the stock market crashed in March of 2000, can now pretend they actually had these stocks and their value will presumably be calculated at prices existing BEFORE the crash and can claim them as losses on their FUTURE tax returns so that they pay zero taxes or even get a refund from the government for stocks they never owned!

Holy Shit!!!!!

The rich have driven us into the ground again, and the result will be war like we have never seen before in this country.

For those who think faschism will not come to America, I tell you it is already here. Imagine standing in a courtroom and having a judge tell you that the law does not apply to you, and then watch as NO ONE moves, blinks, or bats an eye at this statement. Bailiffs do not immediately arrest the judge and no one complains.

Faschism always starts at the bottom and works its way up. If you do not believe me, then read Hitler's "Mein Kampf". He wrote it while sitting in prison.

GK

DeVaul, do you have any way of determining if this is true or not? I have read before that the Zionist cooperated with Fascists to try to get recruits for their new country forming in Palestine.

But this seems pretty important to figure out if we want to prevent WWIII.

http://www.rense.com/general77/meinl.htm

"Sometimes it's the symbolic details which speak volumes.

Emil Georg von Stauss, the president of Germany's largest bank, the Deutsche Bank, lent Hitler a portable Remington so he could write his infamous anti-Jewish banker manifesto "Mein Kampf."

Von Stauss, a principal Nazi Party fund raiser, also was a longtime business associate of the Rothschilds.

Hitler dictated "Mein Kampf" to typists Rudolf Hess and Emil Maurice during his cushy eight-months stay at Landsberg Prison in April- December 1924. (His five-year sentence was commuted. He had a two-room suite with a view and was allowed to receive gifts and visitors.)

Von Stauss was part of a "Hitler support group" consisting of wealthy Illuminati. Helene Bechstein, the wife of the piano manufacturer pretended to be Hitler's adopted mother and smuggled out sections of the manuscript. She took care of all Hitler's expenses and hoped he would marry her daughter Lotte. Franz Thyssen, the chairman of United Steelworks sent Hitler a birthday gift of 100,000 gold marks.

This account was taken from Rudolf Hess' letters by Belgian author Stan Lauryssens, ("The Man Who Invented the Third Reich" 1999, pp.130-135.)

It contradicts the image we have of Hitler in 1924 leading a grass roots fringe party. In fact, he was a front man for the international bankers he pretended to oppose."

DeVaul

I have no idea if any of that is true or false. You seem to have read more about it than me.

I did read recently that Hitler supposedly was cooperating with the Zionists to help them recreate a Jewish kingdom in Khazar and that that was the bait used to get many Jews to resettle without putting up a fight. They may have believed that they were being relocated to Khazar, which is in southern Russia now, and had no idea they were headed for death camps in Poland.

I do believe that Hitler's hatred of Jews was based on their powerful banking cartels and not on the myth that he once saw a Jew spit on the sidewalk in Vienna, as I was taught in school.

As for the claim that Zionist leaders tried to get Hitler to incite the common Jews living in Europe so that they would move to Palestine....uhhh, I doubt it, but hell, who really knows?

If I was a Jew living in Europe back then, I would NOT want to move to Palestine, which was a desert wasteland back then. After the Holocaust -- sure, why not?

Elaine Meinel Supkis

Hitler used the Jews like ALL rulers used them: to throw to the mob and to loot when facing bankruptcy. Period.

The history of Europe is littered with thousands of examples that were exactly along those lines. Blaming Jews for being trapped in this bizarre system is futile. As I keep pointing out, all the bankers in the East are NOT Jewish at all! Not even slightly.

No, the Chinese invented paper money, they invented various trade standards, they were the world's top exporters of manufactured goods from 1,000 BC onwards! This is no small matter.

If we really want to understand history, banking, mystic laws and magic numbers, we must go off to northern India all the way to China: the Silk Road must be followed!

There, we meet up with the true movers and shakers of global commerce and banking. Remember: Venice rediscovered all this stuff VIA CHINA, not themselves!

Thank you.

Elaine Meinel Supkis

The history of banking did NOT start in Jewish hands at all.

International banking/trade began in CHINA, that is, the modern system we know so well today. The CHINESE invented paper money, they invented many of the systems for holding payments while trading far away, over long periods of time.

Following the Silk Road, we learn that it is in Asia, not Europe, that banking was created and flourished for several thousand years. And the heart of Chinese banking/trade was their superb manufacturing businesses. Creating fine wares, value-added fabrics like silks and tapestries.

Europe had to recapitalize themselves in a very brutal way: they attacked China and destroyed the place.

Jews were at the heart of the financial systems for the exact same reasons: they were disposable. Thrown to the mobs every time things went south for the winter.

DrKrbyLuv

"How Bush's grandfather helped Hitler's rise to power"

"Rumours of a link between the US first family and the Nazi war machine have circulated for decades. Now the Guardian can reveal how repercussions of events that culminated in action under the Trading with the Enemy Act are still being felt by today's president"

"George Bush's grandfather, the late US senator Prescott Bush, was a director and shareholder of companies that profited from their involvement with the financial backers of Nazi Germany."

"The Guardian has obtained confirmation from newly discovered files in the US National Archives that a firm of which Prescott Bush was a director was involved with the financial architects of Nazism."

"His business dealings, which continued until his company's assets were seized in 1942 under the Trading with the Enemy Act, has led more than 60 years later to a civil action for damages being brought in Germany against the Bush family by two former slave labourers at Auschwitz and to a hum of pre-election controversy."

"The evidence has also prompted one former US Nazi war crimes prosecutor to argue that the late senator's action should have been grounds for prosecution for giving aid and comfort to the enemy."

"The debate over Prescott Bush's behaviour has been bubbling under the surface for some time. There has been a steady internet chatter about the "Bush/Nazi" connection, much of it inaccurate and unfair. But the new documents, many of which were only declassified last year, show that even after America had entered the war and when there was already significant information about the Nazis' plans and policies, he worked for and profited from companies closely involved with the very German businesses that financed Hitler's rise to power."

"It has also been suggested that the money he made from these dealings helped to establish the Bush family fortune and set up its political dynasty."

http://tinyurl.com/37ds8w

*******************************************

The Bush family has much more to hide and the fact that it remains hidden is a testament to the corruption of investigative journalism.

Blood money is a legacy with this family.

CL

The Bush crime families connections to the Nazis have been common knowledge for a long time. I'm surprised that anybody would still be surprised to learn about that.

But I agree with Elaine about the jews. The kind of psychopaths who crave power above all else are not in the least bit interested in any particular groups religion or ethnicity or social position or anything like that.

They aren't even interested in political ideology, whether of the right or the left. Only one thing matters, and that is gaining power and control. If that means declaring that you are a fascist, and the jews are to be persecuted, then fine. But if the picture changes, then you declare that communism is the best doctrine, and the jews are our friends. You play off everybody against everybody else, and use everybody in any way that is advantageous to your goals.

All you need is the obsession, and to be completely devoid of compassion or moral scruples. Then the game is easy. Everybody is expendable.
The western politicians and bankers had Machiavelli to tutor them, but the Chinese has Sun Tzu, and the Art of War, thousands of years earlier.

What Poulson et al are doing (and they may merely be someone else's pawns, for all I know) is disgusting and wicked. But in a way, such crude greed and stupidity is easy to defeat by anyone with a little real insight and subtlety and finesse. Anybody who is driven primarily by greed and avarice can be lured into a trap by a patient hunter.

The Japanese have been masters of strategy for centuries, long before Columbus sailed west. And the Chinese for far longer still.
Look into Vladimir Putin's eyes. The way I see it, Bernanke and Paulson are clowns who will not be around for very long.

GK

I have read that the plan for the future world order is a Scientific Dictatorship with all the inventions of mankind used to manage, spy, track, reward, punish and manipulate all humans on earth.

The Chinese mindset seems well designed to take the mantle. In cooperation with the Right-wing crime families that use the CIA and Central Banks to keep everyone in Bondage via fiat-currency debt.

Everyone knows who invented paper money.

http://www.newsmax.com/lev_navrozov/nazi_germany_china/2000/05/05/17751.html

"Today China has no need for the great leader to lead his army into battle. During the next world war, which may be over in minutes, the Chinese rulers are to watch it as a scientific experiment is watched today from an observation center. The rulers will be as impersonal as the scientists.

Similarly, China is not a military-industrial camp producing the biggest army possible, but a society most conducive to the development of science and technology as the key to superweapon No. 3. Accordingly, except for political freedom, all freedoms should be granted, so that those American, European, Japanese or any other scientists who are not particularly sensitive to the presence or absence of political freedom feel themselves in China as in a free society, open, tolerant, diverse, dynamic, intensely alive, vibrant, comfortable, financially rewarding, enjoyable, scientifically and culturally stimulating. ... "

mike

The Jews have gone from disposable to untouchable and unmentionable in short shrift. They can also overthrow governments, wrecker-ball free nation's and murder and assassinate presidents and leaders of the free world with complete immunity. With their stolen caches of national treasure's they have caused every major war in the last century. Not bad for a disposable bunch.

I'd say they've come along way, baby!

How 'bout them Asian stock markets melting down?


-- DrKrbyLuv,


"Well now the Yemeni authorities have arrested a group of these al Qaeda-backed militants with, surprise surprise, links to Israeli intelligence.

http://tinyurl.com/4oh2v7"


Yep. The same group that masterminded 9/11!

By now, the astute among us realize the most horrific and catastrophic bombings, past, present and future, can be tied to the Mossad/CIA mutants!

The Arabs caught on to this many moon's ago!

ziff house

To answer my own question, yes ,US has largest holdings ,at least according to wkipep; 8133.5 tonnes. is therefore in the best position for a gold standard . Somewhat ironic.

Elaine Meinel Supkis

Ziff, all of that gold is either owned outright by foreigners or has already been 'swapped.' Long ago.


There is no more 'free' gold that has no debts outstanding set against its potential value.

GK

Now that Financial Shock and Awe has been exploding all over the Dow until you are ready to vomit, uber-gnome steps into propose the New Global Financial Order.

I am sure he is going to get rid of global central banking, fiat currency and fractional reserve banking and give people back constitutional money.

HAHAHA! HAHAHA!! HAHAHA!!! HAHAHA!!!!!

http://news.yahoo.com/s/ap/20081015/ap_on_bi_ge/meltdown_summit

"Sarkozy said a string of government bailout plans had "treated the immediate symptoms of the crisis without attacking the roots of the disease."

"We need to found a new capitalism based on values that put finance at the service of companies and citizens and not the reverse," he told EU leaders.

"This fundamental reform can't stop at Europe. The economy is global; no country can protect itself alone," he said. He demanded that new global rules cover all financial institutions — including hedge funds.

The French leader said later that the European Union will back an overhaul of global financial system."

Wasteland

Paulson and Bernanke are punk-assed chimps.

They are finger puppets in a larger chess game, make that Go game.

chas

Dear Ms Elaine Levy:

You are obviously a Zionist gatekeeper who gives your readers too little credit.

Alternatively, you are a well meaning Jewess who knows little about the china silk route and who the merchants and the bankers were (JEWS were the masters of commerce and trade on the silk route!) --and, you know little to nothing about Jewish diaspora and ethnic identity prior to your birth. PERIOD.

Any real citations to your version of history would be welcome.

OC

Elaine,

Please check out the latest article from AT:
http://tinyurl.com/4vx9ub

It has some interesting data on Eu's finances.

ziff house

Elaine, thanks for the clarification.

Neon Vincent

We are specifically supposed to let Detroit die, once and forever.

They haven't told Obama this yet, have they?

Rowan

The Silk Road is a European expression. The Silver Road would be more appropriate. More than half the world`s silver travelled along this route to China over the years.

ziff house

on the other hand, it seems to me the true state of who has gold where has always been kept something of a mystery, moths in Ft Knox for example, so i am curious as to where you get your information.

Richard

You relate: "Germany ended its monetary hyper-inflation collapse very simply: the government declared that all things in Germany were now going to be RENTED TO THE BANKS via fiat. The new currency was called, 'Renten Mark' which was a huge change from 'Reichsmark.' Governments can do this! When Germany finally went bankrupt less than 10 years later, all Germans were bankrupt. This total bankruptcy was dealt with very severely: the rise of Hitler and fascism coupled with the open looting first, of the Jews, then of all of Europe".

I relate that the United States is continuing down the same path as Germany, that is the end of monetary expansion ends in all things being rented to the central bank: all different types of debt is now being swapped out by the banks for US Treasuries as is seen in the US Federal Reserve Press Release of October 13, 2008.

Because of this, there will be a run on the US Treasuries producing a rise in interest rates, and a sell off of the US Dollar, especially through the currency traders obtaining 0.5% interest loans from the Bank of Japan, and going short the USD/JPY and short the USD/CHF. This will cause gold to rise in value. And US stocks will continue to tumble lower in a death spiral together with the world stocks.

To address an ongoing dearth of liquidity and financial instability, the world bankers will institute a new international financial architecture, which see the rise of a global monetary authority, which will institute unified regulation of banking globally.

Soon there will be no national seigniority, as sovereign nations and their constitutions become history, as principles of global governance work through regional economic and security pacts or agreements; and these will serve as the basis for regional currencies. The US Dollar will be replaced with the Amero for purposes of commerce and trading in the North American homeland.

A world banker, a Seignior, meaning top dog who takes a cut, will arise to take charge of finance, banking, commerce and trade world wide. He will install a global seigniorage wealth and commerce system. This individual will have such a commanding way that interest rate differentials between nations and regions will disappear. All seigniorage will come and go through him: all sovereign wealth funds, and banks will report to him.

Once financial insitutions fail, and stocks and bonds fail, and currencies totally burn out, the principle that "the end of monetary expansion ends in all things being rented to the central bank" will compel the Seignior to institue a one world currency system which is based upon the "mark" which comes from the Greek word charagma meaning "etching in", or "tattoo upon", or "stamp", or "badge of servitude", which enables one to conduct economic activity, and which authorizes one to receive economic benefits; the mark will be required in order to buy or sell.

Between the soon coming world leader, the Sovereign, and the world banker, the Seignior, they will own the world "lock, stock and barrel".

Rowan

All this Gold which has been "swapped" and "leased" and "sold".
Where is it today? Who owns it now? Or has it been dematerialized, quark by quark, in the Cern and transferred to a "parallel universe"?

Yusef

"Faschism always starts at the bottom and works its way up. If you do not believe me, then read Hitler's "Mein Kampf". He wrote it while sitting in prison."

There's something very mysterious about Hitler's prison sentence and the conditions under which it was served.

Hitler was jailed after a failed attempt to overthrow the German government in a rather pathetic effort known as the "beer hall putsch." In other words, Hitler was jailed for a failed attempt at high treason. For this he was sentenced to five years imprisonment, which seems a strangely mild sentence for such a serious crime, if you think about it. But what's even more strange is that he served only nine months of this sentence.

Also, his accomodations at the prison, while not luxurious, were not exactly "hard time", either. He had a private cell with a window and a view. He could have visitors,too.


blues

*****ALERT!!!*****

*****WE MUST SEIZE AND RETAIN THE GOLD ON OUR SHORES RIGHT NOW!!! GOLD IS EFFECTIVELY PURE ENERGY! IT IS THE FINAL KEY TO OUR ENERGY FUTURE! THE NATION THAT POSSESSES GOLD HOLDS THE FINAL KEY TO SUSTAINABLE ENERGY.*****

This has absolutely NOTHING to due with the supposed "value" value of gold as "money"!

Gold is the only "source" of pure energy. It is the only substance that can facilitate the storage of efficient renewable physical energy from (other) renewable sources. I will this explain exactly why after I assemble the data regarding the chemistry involved.

*****WE MUST RETAIN THE GOLD IF WE ARE TO HAVE ANY SUSTAINABLE ENERGY FUTURE!!!*****

I know this is difficult to believe, but my report will ready quite soon. I am not joking here.

carli

To all my American friends, here is something that may be of use to you in the very near future. Since it is clear that the system in your country is designed to cheat you, has been cheating you, and will continue to cheat you ad infinitum, perhaps it is time to savvy up and turn the tables. Read, HOW I CLOBBERED EVERY BUREAUCRATIC CASH-CONFISCATORY AGENCY KNOWN TO MAN by Mary Elisabeth Croft
http://www.freedomfiles.org/mary-book.pdf

Don Parker


Noise-noise-noise. Like most web sites that I visit who's subject addresses the end of whatever world the authors live in; Yours offers no help.

Joe Average here, looking for practical solutions to everyday problems in my own ending of the world experience. Your verbose 'noise' just adds to the chaos.

carli

Don Parker, while I understand your frustration and want of practical solutions you need to understand that the current situation is not a "practical" one. In fact, the morons who have brought you and your country to this point have done it in a very complicated and convoluted matter, to the point that I doubt most of them can wrap their heads around it anymore.

The book may not give you a practical solution for every problem you face, but if you give it a more than the 10 minute cursory browse through you did, assuming even that, it may give you some answers on how to handle your income tax debt, credit card debt (for starters), when it gets ugly.

The system has perpetuated its debasement of the American currency and income by very legal design, so it wouldn't hurt to check out what counter measures are available to you. Information is Power. Believe it.

Alternatively, you could vote for Sarah Palin and John McCain, and pray to God that they solve your practical problems for you.

carli

The 56 Trillion Dollar Deficit | Bill Maher Interviews Fmr. Comptroller General David Walker
http://www.youtube.com/watch?v=0NM5Q5VDpnA

It's a $480,000 per American household debt, and it's growing by $1.5-2 Trillion a year. What the current government is doing is just keeping everyone's eye of the ball, running interference and applying Band Aid to an open heart surgery patient.

It is so disturbing to note that only people like Bill Maher put guys like David Walker on their show. He should be on Bloomberg, CNN, Fox, etc. Clearly, the mainstream media won't touch him. Pretty soon he will be "invisible", just like you Elaine!

Freedom of speech and press freedom can no longer be taken for granted in America. What a travesty.

Timothy

Don Parker,

when the entire Western world becomes a quasi-communist police state, Elaine will be the last person you will tell to shut up.

As for action, why don't we try a co-ordinated bank run. I don't fucking care what interest rate or how sound they are. The modern banking system has to go.

Timothy

And one more thing Don,

Organize. Join or form a group so you don't become invisible to the authorities. That's what they're hoping against, this "only I'll get out of this alive" crap. Unless you plan to live like Steve Irwin.

Simon

I was thinking about that. Essentially the guarantees are worthless, basically a blank check allowing banks to lend again, and the debt to grow and grow. The increased amount of guarantee is like the junk bond interest rates, used to lure suckers in.

Gary W

The triumph of deregulation:
"Study says most corporations pay no U.S. income taxes"
http://tinyurl.com/49d3ae

Gary W

Steve Irwin is dead. Crikey! Not recommended.

CEO Nutcracker

I say, fuck paying off any credit cards.

What's that famous saying? "Let them eat cake."

They created this 'cake' now let them choke on it. The credit & banking system have both played part in a scheme to rape Americans of their wealth. I think credit is an over-rated gnome creation thats' time will soon end.

This is the fastest way to crash their crooked system.

Buffalo Ken

CEO Nutcracker - I like the tone of that! I agree and concur. All folks who are able ought to use assets that they have to pay off foolish debts. And then stop buying all this Christmas bullshit and all the other consumer-orgy junk that make up such huge chunks of today's global trade.

Then lets start cracking the CEO's who perpetuated alot of this shit. Their companies are not alive, but many of em (the corporations) should be given the death penalty. Lets start with the pirate....wait i mean investment houses. These corporate entities wherever they are. I think there is a mean storm in the Caribean and another one may be on the way --- metaphorically speaking....

Pirates have been rooted out in history. So have kings and queens.

Peace,
Ken

Buffalo Ken

I also think this. Soon there is going to be considerable large-scale factory space available on the cheap. Instead of selling this to foreign interests, why don't we get it and use it to make buses or something useful like that. Nobody wants these metal-fluff SUV's anymore anyhow although I sure see many of em driving around where I live and most of the time the drivers seem "fluffy" to me. This is not a coincidence. If I had an SUV, I'd park it. It might be more valuable in the future when it can be used as a "cozy room to spend the night".

Anyhow - Peace.

Ken

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