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View Full Version : US Dollar is DEAD! From Congress!


GFWeye
09-12-2008, 07:00 PM
In a closed door session of the US Congress it was announced that there will be no recovery of the USD!

http://www.youtube.com/watch?v=FPRYgIFCuUs&feature=related

Oh yes sorry forgot the Homework...Lol

http://www.youtube.com/watch?v=z6NfXk7Bvc8&feature=related

Now got your attention, anyone open for a slice of WHY?

http://www.youtube.com/watch?v=_SlIHqdVEmc&feature=related

Morphious
09-12-2008, 07:19 PM
Very soon it will all be over for the USD. Sep 30 or right after..It's the fiscal year. And we own alot of money to other countrys. And we do not have it. We will be bankrupt ! ( well we already are).

Antaletriangle
09-12-2008, 07:19 PM
Crikey charles!!-Here we go on the amusement park-hold on tight now!

ThePirateKing
09-12-2008, 07:23 PM
Weeeee!!!

GFWeye
09-12-2008, 07:28 PM
Very soon it will all be over for the USD. Sep 30 or right after..It's the fiscal year. And we own alot of money to other countrys. And we do not have it. We will be bankrupt ! ( well we already are).



Tell me don't forget we sooo linked to the USD and that we just started to bail out Northern Rock and there will be more, MMUUCCHH more to come..

As for your cash on the bank.... I bet you cant get it all out! Try dont take my word but just give it a go!

Cause it aint in there its just NUMBERS! Zeitgeist....:shocked::biggrin2:

AMA-GI
09-12-2008, 07:40 PM
Make way for the Amero currency that will not last very long. They will release the Amero, the markets will improve, but not for long, it will crash again and then we are in for the micro chip.
That is a time to be concerned. They will plan another 9/11 type job that will give credability to people having the microchip,(for terrorist reasons).
Those who refuse.....will be classed as a terrorist.

rustanddust
09-12-2008, 07:42 PM
guess we're ready to roll.

Love/Light 13
09-12-2008, 07:49 PM
I do believe that the micro-chip is a tool being talked about amongst the global elite. Check out this link that proves the project is already well under way...........

http://ca.youtube.com/watch?v=YNBxSbSkbbc



I shudder to think about the agents of fear that are so powerful at this time on planet Earth. Obama must be aware that their time is coming to an end, not too sure if McCain has picked up on that yet. Honestly i wish we could jumpstart a massive campaign to get Ron Paul elected through a write in candidacy. The FED must go!!!!!


out of many, we are one...............

GFWeye
09-12-2008, 07:58 PM
[QUOTE=Love/Light 13;9075]I do believe that the micro-chip is a tool being talked about amongst the global elite. Check out this link that proves the project is already well under way...........

http://ca.youtube.com/watch?v=YNBxSbSkbbc



I shudder to think about the agents of fear that are so powerful at this time on planet Earth. Obama must be aware that their time is coming to an end, not too sure if McCain has picked up on that yet. Honestly i wish we could jumpstart a massive campaign to get Ron Paul elected through a write in candidacy. The FED must go!!!!!


out of many, we are one...............[Sorry to burst your BUBBLE Ron Paul is Illuminate as well!!!! Wake up look and ye shall see:shocked:]

Mike_Jetson
09-12-2008, 08:02 PM
Spell it out please, how is Ron Paul 'Illuminati'?

GFWeye
09-12-2008, 08:11 PM
[QUOTE=Mike_Jetson;9089]Spell it out please, how is Ron Paul 'Illuminati'?


http://ca.youtube.com/watch?v=YmSxVQ3dbIg

[COLOR="Blue"]Then do the rest of the series and some digging on the question yourself please.
You will find his images all over using the illuminate salute! I promise and have no need of LIES as this would do nothing but damage.[:yikes:]

http://ca.youtube.com/watch?v=xCXvqMrz8Z8

Is perhaps a better guide...

Mike_Jetson
09-12-2008, 08:23 PM
Ive heard plenty people say it but my heart tells me its not true. I will look a bit closer though

Orion Morris
09-12-2008, 08:35 PM
NO WAY!! The doller is never going to die!

Were America we'll put a boot in your ass!!!

So until I find more relivant scripture to quote remember....

our god is bigger...

stronger..

much wealthier..

he has better movies made about him...

and he has those ripped abbs..

So wave those flagg's with pride.. [MOD EDIT- nice subtle approach but sorry not for these forums - Check your PM]

shaundelear
09-12-2008, 08:36 PM
Spell it out please, how is Ron Paul 'Illuminati'?

Absolutely HOW IS RON PAUL AN ILLUMINATI LIZARD LOVER??

That to me is a big fat claim.
Can you back it up?

Mike_Jetson
09-12-2008, 08:37 PM
[QUOTE=Mike_Jetson;9089]Spell it out please, how is Ron Paul 'Illuminati'?


http://ca.youtube.com/watch?v=YmSxVQ3dbIg

[COLOR="Blue"]Then do the rest of the series and some digging on the question yourself please.
You will find his images all over using the illuminate salute! I promise and have no need of LIES as this would do nothing but damage.[:yikes:]

http://ca.youtube.com/watch?v=xCXvqMrz8Z8

Is perhaps a better guide...

Obviously I dont like seeing limp hand shakes and satanic hand symbols but its not really enough proof. His Mrs and his dad are/were Masons (if its true)but again, you cant say all Masons are bad, its simply not true.

Love/Light 13
09-12-2008, 08:40 PM
There are millions of "Illuminati" born into a system they hate throughout the world. Look at Svali, the Illuminati whistle-blower who has done much to expose the lies and atrocities of the global elite. The fact that Ron Paul may be genetically linked to Illuminati, like millions of others, does not mean he does not see the coming geopolitical earth changes barreling down on us. Maybe he is a whistleblower, whose large following of supporters is the only thing keeping him alive.........who knows, but the clips shown were not convincing enough for me to formulate an opinion one way or another on Ron Paul. Just know he speaks the truth on monetary policy in the US!

shaundelear
09-12-2008, 08:56 PM
:sneaky2:NO WAY!! The doller is never going to die!

Were America we'll put a boot in your ass!!!

So until I find more relivant scripture to quote remember....

our god is bigger...

stronger..

much wealthier..

he has better movies made about him...

and he has those ripped abbs..

So wave those flagg's with pride.. [MOD EDIT- nice subtle approach but sorry not for these forums - Check your PM]
Seriously no more racist jokes .It is not in keeping with the soul of the site .
This is an international site and right now Americans aint looking so clever,the general reaction of the rest of the world is your full of it.
This is propogated by your presidents-

"God bless America!" bollocks, with that amount of power it should be

"God bless the world" it's a state of mind and a responsibility, and the rest of the world is watching your general attitude to the rest of the planet .

King Lear
09-12-2008, 09:07 PM
The Amero looks quite nice, though.:wink2:


http://img185.imageshack.us/img185/5578/amerosy0.png (http://imageshack.us)

shaundelear
09-12-2008, 09:14 PM
Very funny!!. Where do you get the mad graphics from, loved the Gary Mckinnon one too.And why King Lear?

Orion Morris
09-12-2008, 09:14 PM
It was seriousley a scarcastic joke! I really cant believe that you dont think that is funny. I live in America... and that is pretty much how they get us to vote. You should be able to read between the lines on that.

I apologize

shaundelear
09-12-2008, 09:23 PM
It was seriousley a scarcastic joke! I really cant believe that you dont think that is funny. I live in America... and that is pretty much how they get us to vote. You should be able to read between the lines on that.

I apologize

Apology accepted.Team America does'nt help you guys!
And your a teacher? You want funny?

*****
Sexual joke deleted by Bill Ryan.
Some might find it funny - but some might not! Some have already found it offensive and asked us to take a look.
Please be aware - as in other posts here - that what we all write with good intentions might offend others for a variety of reasons. It's about being the other person as well as yourself.
*****
Very best - Bill

now thats funny.:bleh:

Orion Morris
09-12-2008, 09:27 PM
ok... I laughed at your dinosaur joke :original:

but I really thought that people would enjoy the tasteless vulgarity of that other one. I live on a rez and my indian friend always tells me that joke...
but now I guess I get to tell him the dinosaur joke

either way laughter is the best medicine

LOVE YOU

visual co-creator
09-12-2008, 09:35 PM
*

CosmicFever
09-12-2008, 11:31 PM
If the dollar is close to death then I need to speed it up. There's people right now that could use it, that is before it dies, to buy food, gas, clothes for their kids, etc. These are the people who have lost their jobs due to the recession we're NOT in. So I say if you have it to spare put it to good use and help someone out. You won't need it. I mean nobody here is getting chipped, right?

peace,
cosmic:lightsabre:

THE PEACEFUL WARRIOR
09-13-2008, 01:07 AM
Guys and Gals...
Let's be frank, it aint looking good for the $...

To quote the immortal line from Cypher...

"Buckle your seatbelt Dorothy coz Kansas is going bye byes"!

I think our American cousins are in for one helluva a ride and right now it is looking like a white knuckle one!

LOVE AND PEACE 2 ALL x

Argante
09-13-2008, 01:20 AM
When I read this thread I see racism, sexism and vulgarity.

That is NOT what Avalon is here for.

Please, if you have something to say... try and keep it mature, intelligent, and positive.

Thank you,
Argante

TranceAm
09-13-2008, 01:45 AM
So the "Free Lunch" is over.

All the people on this Earth that have slaved in exchange for hourly wages comparable to a bowl of rice per hour, in order to manufacture products and were payed USD for that invested lifetime/wealth, are going to be scammed out of their invested life time or country's recources...

I wonder what is going to happen to all them "free" Billion dollar handouts given to a certain foreign country? Who will they have to pay back to? Or is this a way avoiding pay back?
Borrowed out of nothing from the FEDS, inflating the (now secret) M3 and lowering the value of the dollars out there on foreign banks? (I guess Taxation without representation is the right thought for it.)

And when the "Free Lunch" is over and the profits are gone, what reason for existance of the USA is there left in the eyes of the Bankers?
Other then to have it fight to the death (To advance geopolitical goals of people handling the strings in the form of either blackmail or corruption of the politicians.) and then dissolve, taking with it into the grave that infamous document that states that as a generalization all humans have individual rights, instead of state/elite handed permissions.

And to start the process of looting the treasury? 911.

:sweatdrop:

I guess, Project Avalon started just in time.. Time to start cracking people, we are ahead of the curve.

King Lear
09-13-2008, 07:05 AM
Is it not quite mysterious that all the great western economic powers are at the same time borrower and debtor?


USA, UK, France, Germany, all are great borrowers to the world, but at the same time they're themselves in big debt!

Every second their debts increase by several thousand Dollars and they aren't able just to pay back the interests on credits!


How is that possible? In what a system we're trapped into?


A normal person can't be one of the biggest borrowers and be a poor debtor at the same time. If he is in debt he can't lend money to others and if he has money to lend, he has no debt.

truesword
09-13-2008, 07:18 AM
The dollar died a long time ago and the USA is now bankrupt to all intents and purposes. The world is heading for 'hyperinflation' which in essence will take us back to the dark ages of time. The NWO wants reduction of population and the financial weapon is already deployed to do this. The BOMB has been dropped and now we must all wait for the massacre of mankind via stealth.... which is what 'inflation is'.... a stealth tax! It will be brother against brother. Make no doubt about this scenario... it is coming world wide!. Everyone and every family is only three days from anarchy! Why? because after three days without food.... you will kill for it!!! Your good neighbours will become competition for basic necessities of life and that will make them warriors for life itself. This is not science fiction anymore... it is real!!! At this moment, life around the world is becoming unglued because of the economic situation. Life is precious and we will all find out how precious it is when we have to defend it from the point of view of FAMILY!

recallone
09-13-2008, 07:29 AM
If the dollar is close to death then I need to speed it up. There's people right now that could use it, that is before it dies, to buy food, gas, clothes for their kids, etc. These are the people who have lost their jobs due to the recession we're NOT in. So I say if you have it to spare put it to good use and help someone out. You won't need it. I mean nobody here is getting chipped, right?

peace,
cosmic:lightsabre:

I agree with Cosmic. It's about to be worthless, so use it for something good while you can.
What I'm having a hard time with is why so many of you are allowing this bogus puppet-show to distract you from what's really important. All of this crap is meant to keep you distracted. Look at how all of their positions (politicians) change according to what stage they're at in their campaign. It's a puppet show with no real truth in it. Why waste any of your precious energy on being frustrated with it? We all know enough to know that the media and the government lies to us. So why should any of us participate in the charade that the whole political arena is actually legitimate? Just my humble two cents worth, for your consideration.

Peace and light.

Logician
09-13-2008, 10:33 AM
Does anybody know where I can find some up to date info on the real status of the economy and what might happen after the Sept 30 debt decloration. I listened the George Green and Fullford interviews but more info would be nice.

ARE WE THERE YET
09-13-2008, 11:07 AM
:sneaky2:In a closed door session of the US Congress it was announced that there will be no recovery of the USD!

http://www.youtube.com/watch?v=FPRYgIFCuUs&feature=related

Oh yes sorry forgot the Homework...Lol

http://www.youtube.com/watch?v=z6NfXk7Bvc8&feature=related

Now got your attention, anyone open for a slice of WHY?

http://www.youtube.com/watch?v=_SlIHqdVEmc&feature=related

Question and Answer time?

If the dollar does go Boinga! on 30 September are they going to let Americans Know. Or just play Hide (the facts) and Seek (Oh its just another conspiracy) while they go looking for someone to pin it on. who's got the crystal ball please

truesword
09-13-2008, 12:09 PM
I sense a lot of cynicism on this thread. OK! next week when you go do your shopping.... keep the bill! Then the week after compare it with this week's shopping bill!

You're going to find a difference. Now work out the percentage between the two...mmmmnnn! Then maybe you will not need a crystal ball. IT WILL be in your face! It is called inflation but this is just the beginning of it. :mad3: Think about this one. If you are diabetic and the medical service breaks down... where will you get your insulin from?? Hyperinflation is going to destroy the world as we know it! The bomb has been dropped.... we act now or we are done for and I mean the World not just The USA. I wish you well but get real!!!

Loonix
09-13-2008, 04:41 PM
They will plan another 9/11 type job that will give credability to people having the microchip,(for terrorist reasons).
Those who refuse.....will be classed as a terrorist.

I have no proof to back this up but this sentiment is 100% what I believe will happen. A gut feeling if you will.

Loonix
09-13-2008, 04:42 PM
When I read this thread I see racism, sexism and vulgarity.

That is NOT what Avalon is here for.

Please, if you have something to say... try and keep it mature, intelligent, and positive.

Thank you,
Argante

Well said - *applauds*

MargueriteBee
09-13-2008, 04:52 PM
"All of this crap is meant to keep you distracted." Exactly Recallone. Everything and I mean everything is a distraction. We win when we no longer allow it to affect us, when we control our emotions about it. IMHO anyway.

sjkted
09-13-2008, 05:09 PM
For people who have money or savings, I hardly think the news about the dollar is a distraction. If we have bank runs, it would be wise to be a few days ahead of the popular knowledge.

"All of this crap is meant to keep you distracted." Exactly Recallone. Everything and I mean everything is a distraction. We win when we no longer allow it to affect us, when we control our emotions about it. IMHO anyway.

Baggywrinkle
09-13-2008, 05:11 PM
So the "Free Lunch" is over.

All the people on this Earth that have slaved in exchange for hourly wages comparable to a bowl of rice per hour, in order to manufacture products and were payed USD for that invested lifetime/wealth, are going to be scammed out of their invested life time or country's recources...



In Whitley Strieber's book "The Key" his visitor mentions
that every American is served by twelve slaves. Who makes your shoes , grows your food, or made the headset you wear on your ears? This devilish system is set up so that you don't even have to care for the well being of your slaves. They are left to fend for themselves.

The greatest part of The New Paradigm is personal responsibility. The days of entitlement are about to end.
This is not a bad thing if you do what needs to be done
to safeguard you and yours. If you look to the government tit to save you then you are lost. What your money touches you touch and advocate. When you support Citibank, Bank of America, or Chase you support the beast system and your own enslavement. You support the tapeworm Katheryn Austin Fitz has written about. How is the popcicle index in your own community? If your kids can't go outside for fear of their safety you have only yourself to blame.

The death of the dollar is a good thing **IF* you seize
the initiative and take your sovereignty back. Learn from the revolt of the Mothers in Argentina. Prepare your sauce pans for battle.

nicolaihel
09-13-2008, 05:29 PM
I sense a lot of cynicism on this thread. OK! next week when you go do your shopping.... keep the bill! Then the week after compare it with this week's shopping bill!

You're going to find a difference. Now work out the percentage between the two...mmmmnnn! Then maybe you will not need a crystal ball. IT WILL be in your face! It is called inflation but this is just the beginning of it. :mad3: Think about this one. If you are diabetic and the medical service breaks down... where will you get your insulin from?? Hyperinflation is going to destroy the world as we know it! The bomb has been dropped.... we act now or we are done for and I mean the World not just The USA. I wish you well but get real!!!

We will not experience hyperinflation any time soon. We have experienced a strong inflation over the last year or so, mostly due to excess credit created in the shadow banking system (investment banks, hedge funds, etc.), and very low interest rates in the US, Japan, and Switzerland. However that is over. We are in a severe credit crunch right now. This is causing the rapid destruction of credit, and onset of disinflation. Soon disinflation will be followed by deflation. This is already apparent in the crashing or deflating of several markets: real estate, equities, commodities, ... Gold was just under $750 two days ago. Tightly coupled global economies will dramatically worsen, further deflating currencies with respect to real goods and services.

Restriction of the money supply (which causes deflation) is an excellent technique for turning a recession into a depression. Many believe the fed's constriction in the money supply was the root cause of the length and severity of the great depression. And though the Fed may not be actively restricting the money supply now, the money supply is shrinking dramatically, due to the failures of banks, tightening of lending standards, the destruction of so much paper "value" in the form of derivatives that are now being marked at a small fraction of the value they were assumed to have a year or so ago, and general risk aversion.

Money is the blood that courses through the arteries and veins of an economy. In the body, if the blood supply becomes restricted, tissues and organs become malnourished and die. In the economy, businesses will reduce their activities and many will eventually cease to function.

recallone
09-13-2008, 05:49 PM
For people who have money or savings, I hardly think the news about the dollar is a distraction. If we have bank runs, it would be wise to be a few days ahead of the popular knowledge.

No, brother. Scroll back up and read the original. The money issues are not the distraction. Where that's concerned, I couldn't agree more. Get your cash, turn it into things you can actually use and/or barter with. The distraction is the political arena. It's every bit as entertaining and full of twists as a television show. Hmmm, :hypo:
The news will go from the election to Britney Spears, while omitting anything that really matters and has substance. What they want you to pay attention to is what you probably shouldn't concern yourself with. IMHO, that is.

Rocky_Shorz
09-13-2008, 07:48 PM
Well let's say this private company not owned by US Citizens called the Federal Reserve fails...

Do we open a New Central Bank owned by the people?

Do we do a National Audit of what our country is worth, homes, businesses intellectual property, Military, giving us a number that our country is worth, and start a new currency backed by that number?

Or do we allow China to cover all of our debts and hand the keys over to them to rule?

imaculate
09-13-2008, 10:07 PM
SEpt 30 is the date America has been given to repay a debt
it can not meet this obligation.
Clinton used the money to balance the budget and what was left went to fund him and his gangster friends.

The economy will hold until after the elections are over this is to keep Mccain in the running.

After the Elections America will be flapping in the wind with winter setting in.
The Collapse whether contrived or not will see Americans groveling in the streets for food.Crime will skyrocket and become an epidemic.
Riots and perhaps even civil war.

by 2010 Americans will be trampling the Constitution on the way to the NAU:trumpet:

THE eXchanger
09-13-2008, 10:13 PM
everything has its value,
sometimes, something has to sink,
in order, for something else to ri$e

nodrog
09-14-2008, 02:53 AM
It seems to me that a basic understanding of money is part of our problem. I recently found this to be very helpful in this regard:

Money as Debt (http://aotearoaawiderperspective.wordpress.com/interesting-videos/documentaries/what-is-money/) by Paul Grignon.

It is a 47 minute animation on the nature of money that, for non-economists, is a real eye opener.

If you are inclined to research this after having seen this you will be amazed at the amount of material available on this poorly understood concept.

Your trip to the bank might never be the same again ;-)

The American problem is solvable, not so much by a gold/silver based currency but by the constitutional process of Government issued currency.

The pressure placed on US for Sept 30th may be both choreographed and ludicrous.

Were the US$ to collapse, I am of the opinion that the European bankers are hoping for a reversion to Gold/Silver backed currency, maybe not for the Amero but perhaps for something later. This is because they have "prepared against that day" for more than a hundred years (most likely). It was the Gold and Silver trade that gave them the preeminence they have now and it is their stock and trade. Whether we use the Fed or Gold/Silver, they have both of those avenues sewn up.

Love to get your take on it ;-)

Regards, nodrog.

Operator
09-14-2008, 03:27 AM
Hi,

We are all sure we won't get a chip ... right ?

But it's real easy ... in some countries it's already done !

First step: force the people to carry identity papers, scare them with high fines ...
Second step: the identity card or passport will contain a chip

So you WILL always have it on you ... !

There is so much opposition against it because it's absolutely not fail safe.
And like David Icke said: "You know it's on their agenda as soon as they keep coming back with it".

In Holland they are forcing the public transportation and highway systems such that you "pay" as soon as you pass !
So money is involved ! And the system is leaky while it's YOUR money ...
The way to keep pressing forward is by warning you in advance:

Messing with the system will get you a fine of 67000 euros ! Or you go to jail for four years ...

Yeah sure, sound proposal ...

novicemonk
09-14-2008, 04:03 AM
We will not experience hyperinflation any time soon. We have experienced a strong inflation over the last year or so, mostly due to excess credit created in the shadow banking system (investment banks, hedge funds, etc.), and very low interest rates in the US, Japan, and Switzerland. However that is over. We are in a severe credit crunch right now. This is causing the rapid destruction of credit, and onset of disinflation. Soon disinflation will be followed by deflation. This is already apparent in the crashing or deflating of several markets: real estate, equities, commodities, ... Gold was just under $750 two days ago. Tightly coupled global economies will dramatically worsen, further deflating currencies with respect to real goods and services.

-nicolaihel

As someone who has studied international economics both in university and as a personal "obsession", I have to disagree with you here. I think we are headed directly into a period of hyperinflation that will be used as the leverage to force us into a system utilizing a supra-national currency. The pre-Euro currencies of the EU member nations were in a constant state of fluctuation carefully orchestrated by the heads of their respective central banks, who I need not remind you are all privately owned corporations just like the US Federal Reserve.

Time will tell the truth, and politicians will always lie....these things I know.

Waterman
09-14-2008, 05:20 AM
Hi folks,

I didn't know that there was a post with this topic.

Good topic!

nywvblue
09-15-2008, 12:37 AM
"The FED must go!!!!!"

I'm with you! The only way it's still got any life in it is with our income taxes, which aren't even legal to collect. If we all stop paying our taxes for April 2009, that would be final nail in the coffin. Sure, the economy (or whatever is left of it by then) would bottom out, but if the bankers run this country then IT'S TIME to bankrupt them. Let's keep our money, people. We earned it. The tax money is only being used against us (check the lines in the skies, the stores of unconscionable weaponry, the GM foods). It HAS to stop.

QUESTINY
09-15-2008, 12:39 AM
Here is the Amero coin being minted in Denver. http://www.rense.com/general77/20AmeroCoin.jpg

QUESTINY
09-15-2008, 12:42 AM
Here is another one. In case you think it's fake.http://media.portland.indymedia.org/images/2007/09/365016.jpg

King Lear
09-15-2008, 07:02 AM
The Euro coins were also designed and minted years before (1989) it actually became an common European currency!

Back then it just had a different name, the ECU!



And in 1989 people smiled and laughed about it, just thinking of it as a future utopia.
But then, in January 2002, the Euro actually was established and since then prices doubled all over Europe!

Zabernism'ER
09-15-2008, 09:03 AM
Lehman Brothers employees leave their office with cardboard boxes


The fourth-largest investment bank in the US, Lehman Brothers, has said it will file for bankruptcy protection, amid a growing global financial crisis.

Lehman had incurred losses of billions of dollars in the US mortgage market.

The move threatens to deal a further blow to the global financial system, as banks unwind their deals with Lehman.

Merrill Lynch, also stung by the credit crunch, has agreed to be taken over by Bank of America in a dramatic weekend of events for Wall Street.

Stock markets in Europe and Asia dropped sharply and the dollar tumbled against the euro and the yen as Lehman's failure raised fears about the strength of the global financial system.


The global financial economy has never in recent years been tested by quite such a combination of accidents and jolts to confidence
-Robert Peston, BBC business editor
(Read Robert's blog)

In quotes: Lehman's demise

The FTSE 100 index of leading UK shares was down 160 points, almost 3%, at 5256.50 in early exchanges.

Wall Street is also expected to open lower in what is likely to be a tense day of trading.

The Bank of England and the European Central Bank said they were monitoring money markets and stood ready to intervene if necessary.

Talks collapse

The chance that Lehman Brothers could collapse increased sharply after the strongest potential buyers pulled out at the weekend.

Barclays and Bank of America had been in talks to rescue the bank but negotiations faltered when it became clear that the US Treasury was strong opposed to using government money to help clinch a deal.

Greg Wood, the BBC's North America business correspondent, said that police had cordoned off the bank's headquarters in New York and staff were leaving with cardboard boxes as onlookers gathered to watch the bank's demise.

"I think the whole history - 150 years of effort and hard work - that's the most saddening part for me," said one Lehman employee as she left the building.

The bank, which employs about 25,000 staff worldwide, including 5,000 in the UK, was founded in 1850 by three brothers.

'Extraordinary 24 hours'

Lehman Brothers said it intended to file for Chapter 11 bankruptcy protection, which allows a company time to reorganise and devise a plan to pay creditors over time.


It said that its broker-dealer division and asset management division Neuberger Berman Holdings would not be included in the filing.

The accounting firm PriceWaterhouseCoopers said the UK operations of Lehman Brothers have been placed under administration, and the business would be wound down in an orderly fashion.

Bank of America said it had agreed to buy investment bank Merrill Lynch for $50bn (£28bn), in a deal that will create the world's largest financial services company.

Three of the top five US investment banks have now fallen victim to the credit crunch. Lehman and Merrill join Bear Stearns, which was sold to JP Morgan for a knockdown price in March.

The BBC's business editor, Robert Peston, said that it had been Wall Street's most extraordinary 24 hours since the late 1920s.

He said that Merrill's sale was almost as shocking as Lehman's demise.

"The global financial economy has never in recent years been tested by quite such a combination of accidents and jolts to confidence," he said.

Insurer in trouble

In addition to Lehman and Merrill Lynch, problems at AIG, the world's largest insurer, are also mounting.

Reeling from losses on its exposure to real estate, AIG has sought $40bn from the Federal Reserve to shore up its finances, the New York Times has reported.

To help prevent panic on financial markets, the Federal Reserve said for the first time it will accept stocks owned by banks as collateral for short-term cash loans, broadening its emergency lending programme.

Also 10 of the world's biggest banks on Sunday agreed to establish a $70bn emergency fund, with any one of the bank's able to able to tap up to a third of it should they face any liquidity problems.
:trumpet:

pineal-pilot-in merkabah
09-15-2008, 03:48 PM
Tell me don't forget we sooo linked to the USD and that we just started to bail out Northern Rock and there will be more, MMUUCCHH more to come..

As for your cash on the bank.... I bet you cant get it all out! Try dont take my word but just give it a go!

Cause it aint in there its just NUMBERS! Zeitgeist....:shocked::biggrin2:
the pound is next then the euro will be ok for a while. then it will collapse also. obv not to be replaced with any currency but electronic cashless credits(star trek?) i drew all my money out of the bank 3 weeks ago. will now be spending it on dried tinned food. supplements weapons (self defence,survival) and down to the local military outfitters for some tough survival gear :thumb_yello::sneaky2:

pineal-pilot-in merkabah
09-15-2008, 03:56 PM
its all an asset grab by the 13.. buying back all the property and personal posessions of private sector and citizens at pennies in the pound/cents on the dollar!!! we live outside the system or we become owned by it!!!

DK84
09-15-2008, 04:23 PM
Okay everybody, calm down. Martial law will be necessary because of the the public's behavior after the US economic collapse.

The camps (which are NOT concentration type camps) are for people who are militant and those who will be causing trouble in general; they're NOT for everyone.

The point being that you aren't going to be taken to a camp unless you're behaving in an unreasonable (i.e. militant) manner.

Reasonable individuals won't be taken to the camps.


The key here is for people to behave REASONABLY, not in a militant manner.

People are reading too much into the whole thing and assume that these camps have something to do with the depopulation agenda. They don't; they're prisons in which to keep the thousands of militant nuts who will arise once the **** hits the fan in the US (the economic collapse).

The coming situation is to bring the North American Union and the Amero, not depopulation.

Once again: People need to remain REASONABLE in the time ahead.

QUESTINY
09-15-2008, 04:35 PM
Okay everybody, calm down. Martial law will be necessary because of the the public's behavior after the US economic collapse.

The camps (which are NOT concentration type camps) are for people who are militant and those who will be causing trouble in general; they're NOT for everyone.

The point being that you aren't going to be taken to a camp unless you're behaving in an unreasonable (i.e. militant) manner.

Reasonable individuals won't be taken to the camps.


The key here is for people to behave REASONABLY, not in a militant manner.

People are reading too much into the whole thing and assume that these camps have something to do with the depopulation agenda. They don't; they're prisons in which to keep the thousands of militant nuts who will arise once the **** hits the fan in the US (the economic collapse).

The coming situation is to bring the North American Union and the Amero, not depopulation.

Once again: People need to remain REASONABLE in the time ahead.

How do you explain the FEMA coffins and FEMA ovens?

Phosphene_Sparks
09-15-2008, 04:36 PM
the pound is next then the euro will be ok for a while. then it will collapse also. obv not to be replaced with any currency but electronic cashless credits(star trek?) i drew all my money out of the bank 3 weeks ago. will now be spending it on dried tinned food. supplements weapons (self defence,survival) and down to the local military outfitters for some tough survival gear :thumb_yello::sneaky2:


I figured that the pound would be next but wasn't aware that they have the same fate for the Euro....thought they would merge it with the Amero before introducing a cashless/chipped system...Plus, how long is all of this supposedly going to take? i mean how long until the Dollar is worthless?

Rocky_Shorz
09-15-2008, 04:40 PM
How do you explain the FEMA coffins and FEMA ovens?

I thought those ovens are for cooking bread, and the coffins are just firewood for heating them...:winksmiley02:

SunRa
09-15-2008, 04:49 PM
In Whitley Strieber's book "The Key" his visitor mentions
that every American is served by twelve slaves. Who makes your shoes , grows your food, or made the headset you wear on your ears? This devilish system is set up so that you don't even have to care for the well being of your slaves. They are left to fend for themselves.

The greatest part of The New Paradigm is personal responsibility. The days of entitlement are about to end.
This is not a bad thing if you do what needs to be done
to safeguard you and yours. If you look to the government tit to save you then you are lost. What your money touches you touch and advocate. When you support Citibank, Bank of America, or Chase you support the beast system and your own enslavement. You support the tapeworm Katheryn Austin Fitz has written about. How is the popcicle index in your own community? If your kids can't go outside for fear of their safety you have only yourself to blame.

The death of the dollar is a good thing **IF* you seize
the initiative and take your sovereignty back. Learn from the revolt of the Mothers in Argentina. Prepare your sauce pans for battle.
i am enjoying much of your perspectives... :)

Greg10036
09-15-2008, 05:11 PM
The dollar is dead but not yet pegged. From what I have read, economist are looking for the dollar to peg after the election, assuming one happens. The economist's best guess is that the pegging will come from "our friends" the Arab Emirates. They will call the chicks home. Call in all the treasury bills and bad debts federal government has sold to finance war.

Two months ago, Comex, on the NYSE bought out Globex on the Chicago exchange. Comex has always been paper shares for gold. When you buy from Globex, you actually buy gold. With the takeover of Globex by Comex, for the first time in ten thousand years of human history, gold is not the standard for currency. Let that sink in. It is monumentous in its implications. For the first time in recorded history, we have no money. Everything we are exchanging right now is fiat. It is all pure pieces of paper. Nothing but paper.

The good new is, for the first time in history, we have the opportunity to create a new system of exchange. It is not the one the NWO has in mind because their model is based on the old system of exchange. When wall street co-opted Globex, they did not just cut off our commodity market at the knees, they cut THEIR commodity market off at the head. I realized these people are not only desperate but are truly, incredibly stupid. And they run the market! They had not counted on destroying their own commodities in an attempt to keep commodities from the private sector which they hate. Now they have nothing to hoard. They will sink on the same ship with the rest of us.

The good news is, there are already several state mints being developed. It will be interesting what types of exchange we are going to develop in the future, because paper money has obviously had it's day and is a passing thing. There are two things comprising the current paradigm shift in the world that will finally eject us from perpetual puberty to an adult species. I call them the two E's: Energy and Exchange. The old ones are dead. What we are feeling right now is the end of a paradigm. Time to enter the galactic neighborhood, but not without a few bumps. hee. Love and Peace.
Greg

FrostyMcunicron
09-15-2008, 09:17 PM
hail yeah Someone will catch a boot in the ass!

colesmommy1117
09-15-2008, 09:32 PM
NO WAY!! The doller is never going to die!

Were America we'll put a boot in your ass!!!

So until I find more relivant scripture to quote remember....

our god is bigger...

stronger..

much wealthier..

he has better movies made about him...

and he has those ripped abbs..

So wave those flagg's with pride.. [MOD EDIT- nice subtle approach but sorry not for these forums - Check your PM]


......I wasn't aware that Americans had a separate "God" from all other nations....

martrixmel
09-15-2008, 09:34 PM
Hi,
can n e 1 tell me,if the american dollars collapses,when it does,how would it
affect us here in canada,I just learened the tsx dropped some 500 points?
.....

Humble Janitor
09-15-2008, 09:39 PM
I do believe that the micro-chip is a tool being talked about amongst the global elite. Check out this link that proves the project is already well under way...........

http://ca.youtube.com/watch?v=YNBxSbSkbbc



I shudder to think about the agents of fear that are so powerful at this time on planet Earth. Obama must be aware that their time is coming to an end, not too sure if McCain has picked up on that yet. Honestly i wish we could jumpstart a massive campaign to get Ron Paul elected through a write in candidacy. The FED must go!!!!!


out of many, we are one...............

I highly doubt that electing a closeted racist will do wonders for this country.

Regardless, I see too much paranoia and amateur attempts to analyze information here.

Humble Janitor
09-15-2008, 09:40 PM
NO WAY!! The doller is never going to die!

Were America we'll put a boot in your ass!!!

So until I find more relivant scripture to quote remember....

our god is bigger...

stronger..

much wealthier..

he has better movies made about him...

and he has those ripped abbs..

So wave those flagg's with pride.. [MOD EDIT- nice subtle approach but sorry not for these forums - Check your PM]

I certainly hope you are using sarcasm here. Otherwise, this isn't the forum for you.

TranceAm
09-15-2008, 09:44 PM
......I wasn't aware that Americans had a separate "God" from all other nations....

Point is, who did he bless (Allah Willing.) on 911? :trumpet:
Or is he setting up both parties against each other? :mfr_omg:
Beside that, he is telling G W Bush in his prayers :bash: a complete different story then when he is answering the Pope. :snog:

:confused::tongue2:Insanity.:tongue2::confused:

Humble Janitor
09-15-2008, 09:45 PM
There is no god. The universe IS god. The universe controls everything.

Myra
09-15-2008, 10:05 PM
How do you explain the FEMA coffins and FEMA ovens?

Good question!

lock'N'load
09-15-2008, 10:27 PM
Okay everybody, calm down. Martial law will be necessary because of the the public's behavior after the US economic collapse.

The camps (which are NOT concentration type camps) are for people who are militant and those who will be causing trouble in general; they're NOT for everyone.

The point being that you aren't going to be taken to a camp unless you're behaving in an unreasonable (i.e. militant) manner.

Reasonable individuals won't be taken to the camps.


The key here is for people to behave REASONABLY, not in a militant manner.

People are reading too much into the whole thing and assume that these camps have something to do with the depopulation agenda. They don't; they're prisons in which to keep the thousands of militant nuts who will arise once the **** hits the fan in the US (the economic collapse).

The coming situation is to bring the North American Union and the Amero, not depopulation.

Once again: People need to remain REASONABLE in the time ahead.



In otherwords, everyone try and remain calm and reasonable whilst we tighten up these shackles. :lol3:

Zabernism'ER
09-15-2008, 10:33 PM
Hi,
can n e 1 tell me,if the american dollars collapses,when it does,how would it
affect us here in canada,I just learened the tsx dropped some 500 points?
.....


If u ask me,I say YES...
Here in Europe,we today had a mayor loss on almost all the stocks.

On national tv,the gouverment are trying to calm down all the people right now.
They know this will have large influence on the economic,and are preparing for the worst.. The norwegian oil fund,(over 350billon dollars..), are mostly invested in the US,and this are the money to the retaired workers over here in the future.

I guess there are heavy brainstorms in the Parlament right now yeah..
If this money get lost,people will react,thats Im sure of.

Im afraid it only will get worse m8,oilprices falling hard,many companies are firing staff,and the snowball has gotten to much speed to stop it now.

we have only seen the first wave..worldwide...