Showing posts with label devaluation of the dollar. Show all posts
Showing posts with label devaluation of the dollar. Show all posts

Monday, December 20, 2010

Without more redistribution of wealth, the United States of America is on the road to becoming a “banana republic,” warns Rep. Jan Schakowsky, D-Ill

How can the democrats be so stupid? I don't think they are. They push this kind of idea only to increase their power base. Anyone who would support this kind of idea does not really have the U.S. People's best interest at heart. They are power seeking narcissist and live parasitic lives feeding off the U.S. People.



For more details go here.

Sunday, October 24, 2010

The Biggest Bank Robbery In History? More Quantitative Easing = Backdoor Bailouts For The Big Banks Without Having To Go Through Congress



The U.S. Federal Reserve is getting ready to conduct another gigantic bailout of the big banks, but this time virtually nobody in the mainstream media will use the term "bailout" and the American people are going to get a lot less upset about it.  You see, one lesson that was learned during the last round of bank bailouts was that the American people really, really do not like it when the U.S. Congress votes to give money to the big banks.  So this time, the financial "powers that be" have figured out a way around that.  Instead of going through the massive headache of dealing with the U.S. Congress, the Federal Reserve is simply going to print money and give it directly to the banks.  To be more precise, the Federal Reserve is going to use a procedure known as "quantitative easing" to print money out of thin air in order to purchase large quantities of "troubled assets" (such as mortgage-backed securities) from the biggest U.S. banks at well above market price.  Some are already openly wondering if this next round of quantitative easing is going to be the biggest bank robbery in history.  Most Americans won't understand these "backdoor bailouts" well enough to get upset about them, but that doesn't mean that they won't be just as bad (or even worse) than the last round of bailouts.  In the end, all of the inflation that this new round of quantitative easing is going to cause is going to be a "hidden tax" on all of us.  Check out the FULL Article HERE.



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Thursday, January 15, 2009

Monday, December 29, 2008

Run on the Dollar????

The US is creating inflation to pay for the bailouts!!!!




Obamanomics
Will Accelerate
An American Economic
Collapse Into A Great Depression






Physical Gold and Silver Protection






Dollar will Collapse by February 2009