Posted on 12/14/2008 10:53:05 AM PST by Dr. Marten
Today I believe America is about to go down financially. Some reasons for this conclusion are the financial crisis, bailouts, increased government spending, belief in a global economy and both parties belief in a one world government.
When we were first discussing the credit crisis and the bailouts I contacted a financial expert who said, "I cannot understand why the President has insisted upon a $700 Billion dollar bailout to save the economy. Call me back in a few days and I will have an answer for you." When I called back he said, "I still do not know what to make of this so-called credit crisis. It just does not make any sense to me."
When a financial expert had no idea why we were going through a credit crisis or a bailout, I began to dig for answers. Then a friend pointed out while Henry Paulson was on CNN arguing for the bailout of Citigroup, one advertiser was asking people to apply for low-cost credit cards. My banks had told me they would loan us money whenever we wanted it. I wondered if the credit crisis was real.
According to Fox News the American people were overwhelmingly against the bailouts. Calls to Congress ran 100-1 against the bailouts. Still Congress approved a $700 Billion dollar bailout package. An additional $1 Trillion dollar bailout is being considered by Congress, which means $1,700,000,000,000 of your tax dollars could be given away.
Why have we just given our government so much power over us?
In the last eight years government spending doubled our national debt from $5.7 Trillion to $11.4 Trillion dollars. President Bush met with Mexico and Canada several times to discuss creating a North American Union and wiping out the U.S. Borders under the Security Prosperity Partnership of America.
The President's meeting with Canada and Mexico, government bailouts and government spending during the last eight years made me wonder if our government was trying to spend the U.S. Dollar out of existence.
Articles about the Security Prosperity Partnership of America say President Bush is pushing us toward a North American Union, eventually leading to a one world government. Why is our President discussing this?
Then my attention was called to the Council on Foreign Relations and their strong desire to see a one world government. In doing my research, I found both Democrats and Republicans were nearly all members of the CRF, a group founded in 1921. Why do so many of our politicians, both Democrats and Republicans belong to this group?
Maybe Democrats and Republicans argue just so they can play the political game and to hide their true feelings. This explains why they belong to a group whose focus is a one world government!
All of this leads to one conclusion, America as we know it, is going down.
America is almost broke and will likely default on loans secured from foreign countries by Spring. If we default on these loans nobody will lend America any money because our government bonds, our collateral, will be worthless. The dollar would also become worthless and would then be replaced with the North American Union Amero.
Then our government will start over with a new currency called the Amero and a new government called the North American Union. Our government's reckless spending is making the dollar, our Constitution and the principles of America totally meaningless. What will happen to the American public?
The blame for this mess rests with our Congress who mismanaged the national debt, spent way too much money, desires a one world government and enacted legislation which required banks to make undesirable loans. Some of our Congressmen passed this legislation for their own personal gain and should be prosecuted.
This makes sense to me and with the huge bailouts, it will come to pass. My advice to you is to change your assets from being based on the U.S. dollar to another government's currency. God help us.
Not like it is just now. Demand for services from all levels of government seems to do nothing but increase day by day.
There’s nothing left for the left to take control of. The multi-nationals own Congress lock, stock, and barrel.
“I do believe we are bankrupt and at some time in the future will go thru some gut wrenching financial restructuring.
That said, I do not see how the conclusion that the Amero and NA Union are manifestations of this situation.
Nonsense, fear mongering and blather.”
I agree.
Wait until Mr. Obama signs us over to the UN authority for global warming, abortion, etc.
“Some of our Congressmen passed this legislation for their own personal gain and should be prosecuted. “
I AGREE 100 percent, then hang them all.
UN has no governmental authority.
Just hide and watch what happens.
Also, ask yourself WHY Mr. Obama plans to make a place in his cabinet for the UN liason?
“My advice to you is to change your assets from being based on the U.S. dollar to another government’s currency.....”
Yeah, okay, that is a really easy thing for the average American to do.
Thanks for that advice. Saying that is about as useful as telling a would be stock market investor to “buy low, sell high”. As vacuous as it is vague.
There is virtually no risk of a sovereign debt default by the U.S. Government. The real risk is the Fed will monetize a large portion of the debt leading to much higher inflation.
For that risk buying physical gold is the best hedging vehicle for the avergae American.
ping
Here’s one to chew on. Wayne Hage once told me that the United States was pushing out grazers, loggers and miners, because they had split estate interests on the public lands. (You can see this movement in its extremities now as the new “Travel Plans” on the Natonal Forests seek to eliminate motorized vehicle travel and direct use only to improved campgrounds.) Much of the West is locked up in public land. Our California county is 63% federally owned. Wayne said all of this was real collateral for our international debt.
I believe it.
I don't see why not. I think it is possible that at some point the US could simply declare all US government debt null and void and issue new currency.
Pure entertainment. An appearance of relevancy.
“Calls to Congress ran 100-1 against the bailouts. Still Congress approved a $700 Billion dollar bailout package. An additional $1 Trillion dollar bailout is being considered by Congress, which means $1,700,000,000,000 of your tax dollars could be given away.”
“Why have we just given our government so much power over us?”
These two sentences are in conflict. If the American people are 100 to 1 against, and Congress goes ahead and gives the money away, they do not represent us anymore. They are out of control. This is the real reason we are in trouble.
Is that the one you were looking for? If you want to see a lot of gold bars, look in the vaults of the Federal Reserve Bank in NYC! They keep a crew on men busy moving the darn stuff from one country's locker to anothers
ping
There remains only one course of action to save the republic.And that is...
It wasn’t American’s buying things on credit that casued the problem. It is the government spending without limit and borrowing. Not consumer buying or loans.
“And that is”
The Declaration of Independence and the 2nd amendment and watering the tree of liberty with the boold of tyrants......
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