The Corruption of America

Stansberry's Investment Advisory ^ | Not Given | Porter Stansberry

[BraveMan]

-snip-

The truth is, I am optimistic. I believe our country is heading into a crisis. But I also believe that... sooner or later... Americans will make the right choices and put our country back on sound footing.

Please pay careful attention to the data I cite. And please send me corrections to the facts. I will happily publish any correction that can be substantiated. But please don't send me threats, accusations against my character, or baseless claims about my lack of patriotism. If I didn't love our country, none of these facts would bother me. I wouldn't have bothered writing this letter.

I know this is a politically charged and emotional issue. My conclusions will not be easy for most readers to accept. Likewise, many of the things I am writing about this month will challenge my subscribers to re-examine what they believe about their country. The facts about America today tell a painful story about a country in a steep decline, beset by problems of its own making.

-snip-

[BraveMan]

[BraveMan]

A long read, to be sure. I’m interested in Freeper opinions on this.

[jpsb]

And with the 16+ trillion in debt we have to either pay off or inflate way we are going to be a lot poorer soon. And then there is the 70+ trillion we owe in unfunded mandates.

[dagogo redux]

AND, the hundreds of trillions in worthless derivatives worldwide being propped up artificially by the wise men of Washington and Wall Street.

[FrankR]

[jpsb]

I am surprised things have not gone south yet, I wonder how much longer the world economy can support all this debt? I also find it incredible that more debt is being created everyday! Surely this debt creation can’t go on much longer, can it?

[phockthis]

And if you do the reserch you will find that over 11 trillion of that goes to the International Bankers who forced a "Non-Ratified" 16th amendment down our throats. ------------------------------------------------------------------------------------------------------------------ "If you...examined [The 16th Amendment] carefully, you would find that a sufficient number of states never ratified that amendment." - U.S. District Court Judge James C. Fox 2003. Defects in Ratification of the 16th Amendment If you destroy the Federal Reserves power It eliminates 90% of our debt, returns all of the federal lands to the people, wipes out all of the illegal federal laws and removes all of the statutory laws that were created due to "Colorable Money" and returns us to the common law that this country was founded on... "If you...examined [The 16th Amendment] carefully, you would find that a sufficient number of states never ratified that amendment." - U.S. District Court Judge James C. Fox 2003. ----------------------------------------------------------------------------------------------------------- What the IRS website and the Government in general refuse to recognize is that the Sixteenth Amendment to the Constitution of the United States was never ratified by a majority of the States. Only two or less States properly ratified the proposed Amendment. In February 1913 Secretary of State Knox falsely declared the 16th Amendment ratified and the government has been unlawfully demanding taxes ever since. The 16th Amendment allegedly entitled the government to collect uneven taxes. The U.S. Constitution does not preclude taxation it dictates that tax be uniform for everyone, except Indians, and apportioned equally across all the States: Article I, Section 2: "..Representatives and direct Taxes shall be apportioned among the several States which may be included within this Union, according to their respective Numbers, which shall be determined by adding to the whole Number of free Persons, including those bound to Service for a Term of Years, and excluding Indians not taxed, three fifths of all other Persons. The actual Enumeration shall be made within three Years after the first Meeting of the Congress of the United States, and within every subsequent Term of ten Years, in such Manner as they shall by Law direct." The 16th Amendment is claimed by the federal government in the federal territory of Washington, D.C. to authorize their private collection company, the IRS, to collect "income tax". However if the 16th was not properly ratified the IRS has no legal authority to collect tax. The same applies to local County and State tax collectors who are also bound by the U.S. Constitution. After an exhaustive year long search of legislative records in 48 sovereign States conducted by Bill Benson, (Alaska & Hawaii were not admitted into the Union until after 1913). the only record of the 16th Amendment ever having been confirmed was a fraudulent proclamation made by the Secretary of State Philander Knox on February 25, 1913, wherein he simply declared it to be "in effect", but never stated that it was lawfully ratified. Bill Benson's has an excellent website, support him: The Law That Never Was <<<<<<<<<<<<<<<<>>>>>>>>>>>>>>>>>>>>> Read the rest of the article here: http://www.libertyforlife.com/constitution/failure_to_ratify_the_16th-details.html ----------------------------------------------------------------------------------------------------------------- Read and visit my tagline

[phockthis]

And if you do the reserch you will find that over 11 trillion of that goes to the International Bankers who forced a "Non-Ratified" 16th amendment down our throats. ------------------------------------------------------------------------------------------------------------------ "If you...examined [The 16th Amendment] carefully, you would find that a sufficient number of states never ratified that amendment." - U.S. District Court Judge James C. Fox 2003. ----------------------------------------------------------------------------------------------------------- What the IRS website and the Government in general refuse to recognize is that the Sixteenth Amendment to the Constitution of the United States was never ratified by a majority of the States. Only two or less States properly ratified the proposed Amendment. In February 1913 Secretary of State Knox falsely declared the 16th Amendment ratified and the government has been unlawfully demanding taxes ever since. The 16th Amendment allegedly entitled the government to collect uneven taxes. The U.S. Constitution does not preclude taxation it dictates that tax be uniform for everyone, except Indians, and apportioned equally across all the States: Article I, Section 2: "..Representatives and direct Taxes shall be apportioned among the several States which may be included within this Union, according to their respective Numbers, which shall be determined by adding to the whole Number of free Persons, including those bound to Service for a Term of Years, and excluding Indians not taxed, three fifths of all other Persons. The actual Enumeration shall be made within three Years after the first Meeting of the Congress of the United States, and within every subsequent Term of ten Years, in such Manner as they shall by Law direct." The 16th Amendment is claimed by the federal government in the federal territory of Washington, D.C. to authorize their private collection company, the IRS, to collect "income tax". However if the 16th was not properly ratified the IRS has no legal authority to collect tax. The same applies to local County and State tax collectors who are also bound by the U.S. Constitution. After an exhaustive year long search of legislative records in 48 sovereign States conducted by Bill Benson, (Alaska & Hawaii were not admitted into the Union until after 1913). the only record of the 16th Amendment ever having been confirmed was a fraudulent proclamation made by the Secretary of State Philander Knox on February 25, 1913, wherein he simply declared it to be "in effect", but never stated that it was lawfully ratified. Bill Benson's has an excellent website, support him: The Law That Never Was <<<<<<<<<<<<<<<>>>>>>>>>>>>>>>>>>>> Read the rest of the article here: http://www.libertyforlife.com/constitution/failure_to_ratify_the_16th-details.html ----------------------------------------------------------------------------------------------------------------- Read and visit my tagline

[jpsb]

thx, I have made the argument before that a progressive income tax is unconstitutional but facts on the ground are hard to argue against.

The USA is moving into very dangerous territory. Our spending (debt) is unsustainable, but anyone that would honestly address spending and debt is unelectable. I really do not see a way of avoiding economic collapse, folks wiser then I have suggested "war" as a possible solution but war requires wealth too? So economic collapse is on the radar screen the only question is when, how bad and what happens after the collapse?

Given the complete lack of respect for our Constitution by our leaders in D.C. I don't considered it likely that a Constitution Republic arises from the ashes after the collapse. Our post collapse gov will more likely be Marxist or fascist. There is even the possibility of a breakup of the USA should things get really bad.

I define really bad as when OPEC no longer accepts dollars as payment for oil. If that ever happens and it might, the USA will be impoverished, third world poor.

The above is the bad case, the worth case is war, there is a possibility of a best case where the US uses controlled inflation to eliminate debt, the gov remains stable while 90% or more of the country sinks into abject poverty.

[rktman]

I copied and pasted this into a word doc for later reading earlier this morning. Twenty seven pages! From the skimming I did it looks like there is a lot of pertinent material here. Problem is, he is preaching to the choir as most thinking people realize we are in a very deep hole and, too bad for us, we keep digging. I suppose too many of the clowns out there are more interested in what Snooki and the gang from Jerzeey Shores are doing. LOL! Ignore bad stuff and it’ll go away. Help!!!!!

[aldabra]

Thanks for the post and the thoughtful comments.

IMHO we are seeing the effects of years of work by the enemy within. ‘Cultural marxism’ has purposely, slowly, and insidiously infiltrated every aspect of our lives: education, media, entertainment, immigration policy, health care, legal system, monetary and fiscal policy, the political elite of both major political parties, . . .

We are well on our way to living under crony capitalism / corporatism / fascism, i.e. communism with the pretense of private ownership.

I have met people from around the world. Until you start talking to people who have lived under cultures which are not based upon our unique mix of judeo christian ethics infused with a protestant work ethic that values personal responsibility, an honest day’s work for an honest day’s pay, patriotism, meritocracy, and small government, you do not realize how much we have taken for granted in our every day lives AND how much we are rapidly loosing.

[jpsb]

Re cultural Marxism, I could not agree more. Well said. Home schooling is the only weapon we have to fight cultural Marxism, G*d bless the home schoolers.

[zipper]

In California, the pension liability is $50 billion

Great article. The above was the only glaring error I found. It's $550 billion, assuming he's talking about state and municipal pensions.

[JDoutrider]

mark

[LomanBill]

 >>heading into a crisis.

 

Heading into?   LOL.   What mound of Ostrich dirt has this guy had his head stuck in the last 6 years?

 

 

 

>>But I also believe that... sooner or later... Americans will make the right choices and put our country back on sound footing.

   

It took the Israelites 40 years of wandering in the desert until the generation of Useful Idiots who facilitated their undoing (not once but multiple times) had been removed from the playing field.

 

What makes Porter Stansberry think America's fall will be, or even should be, any different?

 

[LomanBill]

>>Washington and Wall Street.

Don’t forget the Suuper Genius NyLon parasites from the City of London.

Wouldn’t be fair not to have them doing their share of swimming in the harbor.

[LomanBill]

I’m interested in Freeper opinions on this.

Well ok.  You asked for it.

WARNING: THE FOLLOWING FREEPER OPINION WILL BE OFFENSIVE TO USEFUL IDIOT FANS AND GULLIBLE DUPES OF PORTER STANSBERRY

[We have lost our sense of honor, humility, and the dedication to personal responsibility]

In typical Fiscally Conservative fashion, this Golden-Calf-Worshiping "Investment Adviser" completely ignores the fact that the moral decline of this culture accompanied the PROFITABLE consumer glorification of Sex, Drugs, and Rock and Roll - that coincidentally manufactured a nation of amoral, drug-addled, sex-crazed, gullible McSheeple who will facilitate the very wolves who will eat them.

KGB Defector Yuri Bezmenov described the process that would destroy America nearly 30 years ago:

"According to my opinion, and the opinions of many defectors of my caliber, only about 15% of time, money, and manpower is spent on espionage as such. The other 85% is a slow process which we call either ideological subversion, active measures, or psychological warfare. What it basically means is: to change the perception of reality of every American that despite of the abundance of information no one is able to come to sensible conclusions in the interest of defending themselves, their families, their community, and their country.

 

It's a great brainwashing process which goes very slow and is divided into four basic stages.

 

The first stage being "demoralization". It takes from 15 to 20 years to demoralize a nation. Why that many years? Because this is the minimum number of years required to educate one generation of students in the country of your enemy exposed to the ideology of [their] enemy. In other words, Marxism-Leninism ideology is being pumped into the soft heads of at least 3 generation of American students without being challenged or counterbalanced by the basic values of Americanism; American patriotism. "

--KGB Defector Yuri Bezmenov

--Soviet Subversion of the Free Press (Ideological subversion, Destabilization, CRISIS - and the KGB)

 

http://www.freerepublic.com/focus/news/2095202/posts

And let's consider the moral nature of this POS encouraging his clients to get into the shorting game - no longer investing in ingenuity and hard work, but merely placing a bet on who would fail next.

 

It's pretty telling that Mr. American Failure completely forgets to include any inkling of Richard Nixon's price control measures - AND THE SUBSEQUENT RECOVERY FROM THAT BOONDOGGLE.  Etc Etc Etc. 

 

I'll save folks the time wasted listening to his video pitch:

 

His "personal investment strategy" is evidently to con folks into attacking the American Dollar via conversion of their wealth into metals and "alternative" and foreign currencies.   No doubt coinkidinkly inflating the value of his golbuggering personal ASSets?

 

Oh, and what's this?

 

Porter Stansberry & Pirate Investor scam nailed in SEC investment fraud lawsuit

http://briandeer.com/vaxgen/stansberry-fraud.htm

http://www.google.com/search?hl=en&site=&q=porter+stansberry+scam&oq=Porter+Stansberry

 

 

FU  Porter Stansberry and the short "fiscally conservative" Quisling Anti-American jackwagon you rolled in on.