Dana Perino under strict orders not to talk about the US Dollar
http://www.youtube.com/watch?v=OEXstsxK8Qo
Q5echo
quote:
Originally posted by Trancer-X
And for the last two years even Ben Bernanke's been saying that there's no problem. lol
lol it's not Bernanke's job to babysit $5 trillion in home loans...at least it wasn't prior to last month...that was Congress' job.
Trancer-X
quote:
Originally posted by Q5echo
lol it's not Bernanke's job to babysit $5 trillion in home loans...at least it wasn't prior to last month...that was Congress' job.
Home loans or no home loans, I don't know if you realize it but they've been pumping billions and billions of dollars into the system either way and it's been going on for a while now.
Originally posted by Trancer-X
Home loans or no home loans, I don't know if you realize it but they've been pumping billions and billions of dollars into the system either way and it's been going on for a while now.
again, it's the Feds job to react to liquidity concerns not manage the problems that create them.
Trancer-X
quote:
Originally posted by Q5echo
again, it's the Feds job to react to liquidity concerns not manage the problems that create them.
Of course, and a drug dealer's job is to supply all of the addicts with a steady supply of dope, not manage their dependencies upon it.
quote:
"The savings-and-loan industry is really a cartel within a cartel. it could not function without Congress standing by to push unlimited amounts of money into it. And Congress could not do that without the banking cartel called the Federal Reserve System standing by as the "lender of last resort" to create money out of nothing for Congress to borrow. This uncomfortable arrangement between political scientists and monetary scientists permits Congress to vote for any scheme it wants, regardless of the cost. If politicians tried to raise that money through taxes, they would be thrown out of office. But being able to "borrow" it from the Federal Reserve System upon demand allows them to collect it through the hidden mechanism of inflation, and not one voter in a hundred will complain.
The thrifts have become the illigitimate half-breed children of the Creature. And that is why the savings-and-loan story is included in this study.
If America is to survive as a free nation, her citizens must become far more politically educated than they are at present. As a people, we must learn not to reach for every political carrot dangled in front of us. As desirable as it may be for everyone to afford a home, we must understand that government programs pretending to make that possible actually wreak havoc with our system and bring about just the opposite of what they promise. After 60 years of subsidizing and regulating the housing industry, how many people today can afford a home? Tinkering with the laws of supply and demand, plus the hidden tax called inflation to pay for the tinkering, has driven prices beyond the reach of many and has wiped out the down payments of others. Without such costs, common people would have much more money and purchasing power than they do today, and homes would be well within their reach."
"As we have seen, the game called Bailout has been played over and over again in the rescue of large corporations, domestic banks, and savings-and-loan institutions. The pretense has been that these measures were necessary to protect the public. The result, however, has been just the opposite. The public has been exploited as billions of dollars have been expropriated through taxes and inflation. The money has been used to make up losses that should have been paid by the failing banks and corporations as the penalty for mismanagement and fraud.
While this was happening in our home-town stadium, the same game was being played in the international arena. There are two primary differences. One is that the amount of money at stake in the international game is much larger. Through a complex tangle of bank loans, subsidies, and grants, the Federal Reserve is becoming the "lender of last resort" for virtually the entire planet. The other difference is that, instead of claiming to be Protectors of the Public, the players have emblazoned across the backs of their uniforms: Saviors of the World."
Originally posted by Trancer-X
Of course, and a drug dealer's job is to supply all of the addicts with a steady supply of dope, not manage their dependencies upon it.
sure. that analogy isn't entirely innaccurate.
using your analogy then, if the Fed is the bartender or "dope man", who is it that has been in complete denial of the 1st step in the 12 step monetary program?
Trancer-X
Ron Paul sure is getting a lot of airtime now. I think I've seen him on about five or more different news clips each day since this crisis was made public. lol
It's too bad he didn't get that before the primaries because everyone would have known his name by now if he had.
Trancer-X
quote:
Originally posted by Q5echo
sure. that analogy isn't entirely innaccurate.
using your analogy then, if the Fed is the bartender or "dope man", who is it that has been in complete denial of the 1st step in the 12 step monetary program?
Well, considering that just about everyone in the government and the financial industry are more or less subservient (whether directly or indirectly) to the banksters who comprise our shadow government, that's kind of hard to say.
quote:
"In the United States we have, in effect, two governments. We have the duly constituted Government. Then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to Congress by the Constitution."
- Congressman Wright Patman, former Chairman of the House Committee on Banking and Currency.
(From a speech on the House floor, 1967)
Q5echo
quote:
Originally posted by Trancer-X
that's kind of hard to say.
of course it is if you believe in "shadow governments" because a belief "shadow governments" can't explain why certain Constitutional government lawmakers are afraid of being elected out of office for authorization pumping liquid into the system, or why once financial pillars of Wall Street have lost their shirts completely along with hundreds of thousands of share holders, entire Boards of dozens of banks dropping like flies, a $14 trillion dollar economy on the verge of world-wide recession or worse, depression.
all these things a "shadow government" can't explain because by definition, a "shadow government" would have known better than to say, "there's no problem. lol", right? that would be ridiculous woudn't it?
Trancer-X
quote:
Originally posted by Q5echo
of course it is if you believe in "shadow governments" because a belief "shadow governments" can't explain why certain Constitutional government lawmakers are afraid of being elected out of office for authorization pumping liquid into the system, or why once financial pillars of Wall Street have lost their shirts completely along with hundreds of thousands of share holders, entire Boards of dozens of banks dropping like flies, a $14 trillion dollar economy on the verge of world-wide recession or worse, depression.
all these things a "shadow government" can't explain because by definition, a "shadow government" would have known better than to say, "there's no problem. lol", right?
They put on a good show, don't they?
And did you say Constitution? Don't you mean what we still have left of it?
quote:
"The real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state and nation. Like the octopus of real life, it operates under cover of a self created screen. At the head of this octopus are the Rockefeller Standard Oil interests and a small group of powerful banking houses generally referred to as international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes. They practically control both political parties."
Originally posted by Trancer-X
They put on a good show, don't they?
this is all a show, huh? yes, and how does that make you feel?
quote:
And did you say Constitution? Don't you mean what we still have left of it?
as opposed to the "shadow government" either way, yes, the Constitutional government.
one can't exist without the other right? IOW one implies the other, right?
Trancer-X
quote:
Originally posted by Q5echo
this is all a show, huh? yes, and how does that make you feel?
as opposed to the "shadow government" either way, yes.
one can't exist without the other right? IOW one implies the other, right?
To a certain degree, sure.
Personally? Maybe a little bit decieved, a little bit dismayed, and somewhat disillusioned by the fraud that people apparently are all too eager to keep perpetuatting out of either sheer ignorance or obsequiousness/subservience.
I wouldn't be a true American if I didn't try to stand up to it, though.
They may have been able to trick my grandfather into serving their evil agenda (via the OSS/CIA) but they're not going to trick me. ;)
What do you mean when you say one can't exist without the other?
