Posted on 08/12/2011 6:54:03 AM PDT by Titus Quinctius Cincinnatus
I am a student of history. Professionally, I have written 15 books on history that have been published in six languages, and I have studied history all my life. I have come to think there is something monumentally large afoot, and I do not believe it is simply a banking crisis, or a mortgage crisis, or a credit crisis. Yes these exist, but they are merely single facets on a very large gemstone that is only now coming into a sharper focus.
Something of historic proportions is happening. I can sense it because I know how it feels, smells, what it looks like, and how people react to it. Yes, a perfect storm may be brewing, but there is something happening within our country that has been evolving for about ten to fifteen years. The pace has dramatically quickened in the past two.
We demand and then codify into law the requirement that our banks make massive loans to people we know they can never pay back? Why?
We learned just days ago that the Federal Reserve, which has little or no real oversight by anyone, has “loaned” two trillion dollars (that is $2,000,000,000,000) over the past few months, but will not tell us to whom or why or disclose the terms.
That is our money. Yours and mine. And that is three times the $700 billion we all argued about so strenuously just this past September.
Who has this money? Why do they have it? Why are the terms unavailable to us? Who asked for it? Who authorized it?
(Excerpt) Read more at canadafreepress.com ...
See reply 19. Hoax.
It probably "went viral" because it rings true to many people.
ML/NJ
Thanks iowamark.
http://www.usnwc.edu/Academics/Faculty/David-Kaiser.aspx
Note: In March 2009, an email began to circulate that identifies Dr. David Kaiser as the author of an essay that criticizes President Obama. This email incorrectly attributes the essay to Dr. Kaiser. Please see references on the right under the “Information” category for further details or visit his blog.
No we don't. Most of the people who defaulted lost their jobs or had an income reduction. The vast majority of them could have paid the loans off if the economy had not crashed.
"We learned just days ago that the Federal Reserve, which has little or no real oversight by anyone, has “loaned” two trillion dollars (that is $2,000,000,000,000) over the past few months, but will not tell us to whom or why or disclose the terms. "
This is probably like the $16 Trillion that was loaned over 3.5 years. Most of it was overnight loans that settled the next day with interest. If you add up the nominal amount of one day loans, it sounds like a huge amount over the course of a few months. But the amount outstanding at any one time was a fraction of a percent of that amount.
Agreed with ML/NJ - it rings true, regardless of the author's identity.
also, we are witnessing the support of MB values by the White House. Values which are antithetical to democracy as we know it; democracy as defined by English culture, law and religious - Christian - philosophy.
This is totally contrary to American culture.
Probably because $2 trillion hasn't dissipated from the public. The $16 Trillion that was loaned over the course of 3.5 years was all paid back with interest. So what's the problem? The only problem I see are the people who add up overnight loans and make it sound like an outrageous amount. Or make it sound like there is not collateral for the loans.
Oh and according to post 19, it’s a hoax anyway.
Maybe we don’t get upset about the Federal Reserve, because the Federal Reserve is doing what it’s supposed to be doing. Unlike Congress that is spending the farm.
The worse thing about the situation we’re in is that my 90y.o. German mother has flash backs in the middle of the night and calls to tell me about it all.
She never talked much about it when we were growing up, but now...the tales she tells.
Hoax, Huh?
Who created this hoax? Why did they do it? Why are the terms unavailable to us? Who asked for it? Who authorized it?
What he said is true, not a misrepresentation. He’s a student of history, not a teacher or scholar of it.
Something is in the air. And it has been unfolding for a lot more than a few decades.
The trajectory of history is to the end times described in the Bible.
A world attempting to unify, but still at war with itself. A world leader who sets up as a god. A world system that you either join or die.
It’s going to be a lot worse than what happened in Germany.
It’s the snazzy uniforms.
Wilkommen!
Maybe this is a hoax, probably it is.
However there are several mega-trends at work here. One is the unwinding of a massive credit bubble which apparently was also true at other times in history such as the 30’s and also the French Revolution.
Another is the passing of the baton in terms of economic superpower status - something that we’ve also seen in the past.
Another is the competition for natural resources that are seen to be increasingly threatened. We’ve also seen that movie before.
Another is the increasing role of race in today’s political debate.
Finally you have a government that is ambitious, has a tenuous relationship with the truth, and is supported by a propagandizing media.
While we’ve seen each of these megatrends before, what is scary to me is that what we are seeing now is that they are all converging.
Regardless of the authenticity of the original post, I find this convergence very troubling.
Agree the content is dead on! Cause when I grew up we did learn about how Hitler rose to power. Now I do not believe that Obama is the next Hitler - what I worry about is the next election. With all this distress it is ripe for someone to come in and take power.
I don’t think even Obama thinks he will ge re-elected. He said he was fine with being a one term president if he got all his goals accomplished. So that make me very afraid for the next election.
Also history tells us, that those, like Winston Churchill, who early on suggested that Hitler was a bad guy and a threat, were ridiculed.
And the media has so confused the issue that if you don’t pay attention - you really don’t know who the bad guys is. It’s George Bush - It’s Michelle Bachman - It’s Sarah Palin - these people have all been called Hitler.
I think also, the decay of society will hasten these events because at least in the 30’s there was some integrity and morality with the average person.
I know Christians now who live with their “Partner”, never marry, have kids from mulitple people and go to church every Sunday. They look down on me cause I don’t go to church. But all my kids have the same father. I have been married to him for 23 years. I believe in God and know the Bible better than most. Without God we are sunk!
'I set before you life and good, and death and evil.; blessing and cursing. Choose life !' ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Deuteronomy 30:15-20
King James Version (KJV)
" 15.See, I have set before thee this day life and good, and death and evil;
16.In that I command thee this day to love the LORD thy God, to walk in his ways, and to keep his commandments and his statutes and his judgments, that thou mayest live and multiply: and the LORD thy God shall bless thee in the land whither thou goest to possess it.
17.But if thine heart turn away, so that thou wilt not hear, but shalt be drawn away, and worship other gods, and serve them;
18.I denounce unto you this day, that ye shall surely perish, and that ye shall not prolong your days upon the land, whither thou passest over Jordan to go to possess it.
19.I call heaven and earth to record this day against you, that I have set before you life and death, blessing and cursing: therefore choose life, that both thou and thy seed may live:
20.That thou mayest love the LORD thy God, and that thou mayest obey his voice, and that thou mayest cleave unto him: for he is thy life, and the length of thy days: that thou mayest dwell in the land which the LORD sware unto thy fathers, to Abraham, to Isaac, and to Jacob, to give them."
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and Jesus said ...
Matthew 5:18 KJV
“For verily I say unto you, till heaven and earth pass, one jot or one tittle shall in no wise pass from the law, till all be fulfilled.” (KJV)
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