Thanks for that link.
Posted on 01/06/2014 12:56:44 AM PST by Yosemitest
Minor nitpicking: Bernanke won’t be Chairman of the Fed anymore by then, and the Dow has already seen the North side of 16000, so that’s not a record.
The story stands alone on its own merits.
I believe that some of the events in the story, or very similar to them, will happen. However, I think there is one fall back position the government is contemplating - and already planning for.
I think that if international forcing actions occur to call debt, devalue the dollar, subvert additional QE, etc., this government will seize existing assets of individuals.
Specifically, they will assess or completely take IRAs, 401Ks and other retirement account instruments and issue the aggrieved a ‘chit’ for a modestly increased Social Security payment when they retire.
They also can and likely will assess plain old wealth over a certain amount just like France has.
Obama will do this under Executive Order supplemented by drastic IRS and other agency extant rule interpretations and he’ll stick it out, daring others in government to do something about it.
Back in the early 70s, Richard Nixon implemented a 90 day wage and price freeze by fiat. It took some time for the case to work its way through the courts and be declared unconstitutional. I suspect in this case the trek would be much longer. And, with the current state of judicial ranks, I’d expect he’d have more than just a few collaborators in this scheme.
No, the names will have a non-trivial impact on the outcome. If Yellen takes over, she’ll have a different take on the Fed than Helicopter Ben does, and the market value is going to matter a lot in terms of how it behaves. If it really does hit a new record, probably somewhere above 18000, then a real cratering could well follow. If it sort of meanders down into the 13-14000 range, it may well just sort of fade, rather than fall over immediately.
Here's Tom Fife's article. “It was like an elastic band snapping all the way from 1992,” Fife shakily admitted, upon recall of the exact moment he realized the Communist official had been telling the truth. “It was a very, very scary feeling.”
Fife, a physicist and computer engineer, had been traveling to Russia for a joint venture with a state-owned company when the shocking revelation was revealed to him. After several business meetings, Fife and his partner were invited to the company owner’s home at the end of the journey for a farewell dinner.
The owner’s wife was a Communist Party official and was “climbing two ladders”, as Fife puts it, one ladder being the KGB and the other being the traditional Russian society and business ladder. As the evening wore on, the female Communist official became increasingly agitated over a perceived slight and her emotions spilled over.
“You Americans like to think you’re so perfect!” she snarled. “Well, what if I told you that very, very soon you’re going to have a black president… and he’s going to be a Communist!”
The KGB operative was not finished. As she had now dropped this bombshell on the entire gathering, she felt compelled to continue.
“His name is Barack,” she sneered. “His mother is white and his father is an African black. He has gone to the best schools, he is what you would call ‘Ivy League’.”
Fife recalls being stunned and shocked at the words flowing from the Communist’s mouth as she continued to rattle off an incredibly precise set of details about this Communist operative who was to supposedly become president of the United States.
The Communist official then stated that he was from Hawaii, but would very soon be elected to the Chicago state legislature. This has turned out to be an eerily prescient prediction, as Barack Obama was not elected State Senator until 1996, a full 4 years afterwards, as he took Alice Palmer’s seat.
In 1992, Obama had recently graduated from Harvard Law School and accepted a position as a Fellow at the University of Chicago Law School.
Perhaps the most shocking revelation is how deep the Soviet Communist network has embedded itself into American political and educational culture. A quick review of Obama’s political “career” shows a track that wasinexplicably greased, from his tuition payments at Columbia and Harvard, to a position at UOC Law School, to his eventual electoral “victories” at the Illinois State Senate, United States Senate, and U.S. Presidency.
Barack Obama’s parents ostensibly met in a Russian language class. This could have been where his mother was recruited by Barack Obama Sr, who could have already been working undercover for the KGB.
In order to brainwash the child from an early age, they surrounded him with diehard Communists and fellow KGB agents, such as Frank Marshall Davis, a known Communist Party USA official. The Soviet KGB directly funded the CPUSA. This would fit directly into what the Russian Communist said about ‘Barack’, boasting “He has been raised to be an atheist and a communist.”
“He will be a blessing for world communism,” Fife recalled her saying, after getting over the initial shock of hearing the current president was a KGB agent.
The creepy prediction stayed with the physicist upon his return to the United States, although he paid it no mind until he began to hear of an swiftly rising political star named Barack Obama. When Fife learned that this same Barack was running in the 2008 presidential election, everything snapped into place and he knew he had to tell someone.
Today, Fife admits that it deeply disturbs him and that he has never been able to shake the ominous feeling of foreboding about what comes next, now that the KGB official’s prediction has come true.
“It never leaves you, having someone tell you that they’ve engineered the takeover of your country,” he admits. “It’s really quite scary.”
The DemocratsNational Socialists, and FASCIST Obama are DOING IT ON PURPOSE!!!!
It’s a story
btt
B F L
All this, while the Chicoms are angling every possible way to engineer the Yuan to replace the USD as the world’s reserve currency. Great.
And they are lead by the TRAITOR in the OVAL OFFICE.
“Specifically, they will assess or completely take IRAs, 401Ks and other retirement account instruments and issue the aggrieved a ‘chit’ for a modestly increased Social Security payment when they retire.”
Can’t speak for anyone else but I will then consider all federal gov tax obligation satisfied in perpetuity.
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