View Full Version : Why the U.S. Has Launched a New Financial World War...
Malcolm Linus
17th October 2010, 13:15
Why the U.S. Has Launched a New Financial World War -- and How the Rest of the World Will Fight Back (http://www.alternet.org/news/148481/why_the_u.s._has_launched_a_new_financial_world_war_--_and_how_the_rest_of_the_world_will_fight_back_/?page=entire)
The global financial system is being broken up as U.S. monetary officials change the rules they laid down nearly half a century ago. Prior to the United States going off gold in 1971, nobody dreamed that an economy - especially the United States - would create unlimited credit on computer keyboards and not see its currency plunge.
Except perhaps TPTB.
Lost Soul
17th October 2010, 13:47
Actually, all nations including the European Union (eurodollar), China, Japan and even the Swiss are devaluing their currency. It's international and not just the Federal Reserve here in Estados Unidos (United States). This is a very orchestrated event that is not happening by coincidence. The ones injured worldwide are the "middle class" if there are any left and the poor. These people will see their money buy less and less while the rich snatch up the tangible assets. Additionally, it will force more people to become dependent on gubmint handouts, encouraging the victim mindset and giving the super rich greater control over the masses.
Our salvation (or the world's salvation) will be the intervening hand of Gawd. It will come in the birthing process when things change beyond the ability of the controllers to control.
Blessings to you and everyone else here.
Fredkc
17th October 2010, 14:14
Quite frankly, I don't believe the US has the financial power to wage much of anything, anymore.
The US has waged a 60-year was on the world, sluffing their inflation off on the rest of the world. S'how we got here.
Orchestrated, yes. Deliberately? I am still not positive.
"Never attribute to malice that which can be explained by sheer stupidity."
Fred
Snowy Owl
17th October 2010, 14:21
Did it ever occurred to you that the Financial World War has not been launched by the U.S.
Secondly,
There are pragmatic solutions,
The Hinterland Regional Market is totally ignored by the mainstream media and centralized corps. Narrow relations in a Region is an economical instrument just as the Inter-Regional complementary productions. The OCDE has tens of studies on this phenomena.
Snowy Owl
17th October 2010, 17:24
@ Fredkc
Orchestrated, yes. Deliberately? I am still not positive.
"Never attribute to malice that which can be explained by sheer stupidity."
Fred
Sadly Fred, there are over of 100 years documents from the many sources among it the Feds that shows in black and white, yes this is part of the Financial Cartel and is indeed provided a lhuge (ROI) Return on Investiment. Sadly this is irrefutable for few centuries, the good news is that the Federal Reserve lending of 99 years ends on December 21st 2012, it need 2 third of vote to be reniewed. Experts agreed that the Federal lender of the gov lease will not be reniewed, no chance. So they are in exit mode for years.
SNowy
Lost Soul
17th October 2010, 19:56
Snowy Owl - I did not realize that the charter expires in 2012. However, it's a bit late and the nation is broke and will be indebted to those rascals for generations (yet to be born) to come.
C'mon birthing process.
Operator
17th October 2010, 20:18
financial power
Contradicting words in one sentence ...
JoshERTW
17th October 2010, 20:27
I would like to see some documentation on the claim that the fed's agreement ends Dec. 21, 2012. Thats quite the coincidence, and is a pretty big claim - please provide a link.
Snowy Owl
17th October 2010, 20:45
Context:
in 1913, many richs families from US and England still pushes for the creation of the federal bank since the indeption of the Indepensance of U.S., because all national (governemental development) would have to be made by the feral Reserve and thus they would make profits from interests of all federal and states and municipalities, all had to borrow in one way or the other to the fed.
In the winter of 1913, a coup was made in the Christmas week.
From wikipedia at http://en.wikipedia.org/wiki/Federal_Reserve_Act
The Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. ch.3) is the Act of Congress that created the Federal Reserve System, the central banking system of the United States of America, and granted it the legal authority to issue legal tender. The Act was signed into law by President Woodrow Wilson.
Since the Aldrich Plan essentially gave full control of this system to private bankers, there was strong opposition to it from rural and western states because of fears that it would become a tool of certain rich and powerful financiers in New York City, referred to as the "Money Trust".[4] Indeed, from May 1912 through January 1913 the Pujo Committee, a subcommittee of the House Committee on Banking and Currency, held investigative hearings on the alleged Money Trust and its interlocking directorates. These hearings were chaired by Rep. Arsene Pujo, a Democractic representative from Louisiana.[5]
In the election of 1912, the populist-leaning Democratic Party won control of the White House and both chambers of Congress and that year's party platform stated strong opposition "to the so called Aldrich bill for the establishment of a central bank." However, the platform also called for a systematic revision of banking laws in ways that would provide relief from financial panics, unemployment, and business depression and protect the public from the "domination by what is known as the Money Trust."[6]
]Legislative history[/B]
The banking and currency reform plan advocated by President Wilson in 1913 was sponsored by the chairmen of the House and Senate Banking and Currency committees, Representative Carter Glass, a Democrat of Virginia and Senator Robert Latham Owen, a Democrat of Oklahoma. According to the House committee report accompanying the Currency bill (H.R. 7837) or the Glass-Owen bill, as it was often called during the time, the legislation was drafted from ideas taken from various proposals, including Aldrich bill.[6] However, unlike the Aldrich plan which gave controlling interest to private bankers with only a small public presence, the new plan gave controlling interest to a public entity, the Federal Reserve Board, with a measure of autonomy to Reserve Banks which, for a period of time, were allowed to set their districts' own discount rates. Also, instead of the proposed currency being an obligation of the private banks, the new Federal Reserve note was to be an obligation of the U.S. Treasury. In addition, unlike the Aldrich plan, membership by nationally chartered banks was mandatory, not optional. The changes were significant enough that the opposition to the proposed reserve system reversed itself, and came largely from the more business-friendly Republicans instead of from the more populist leaning Democrats.[1]
After months of hearings, debates, votes and amendments, the proposed legislation, with 30 sections, was enacted as the Federal Reserve Act. The House, on December 22, 1913[7] , agreed to the conference report on the Federal Reserve Act by a vote of 298 yeas to 60 nays with 76 not voting. The Senate, on December 23, 1913, agreed to it by a vote of 43 yeas to 25 nays with 27 not voting. The record shows that there were no Democrats voting "nay" in the Senate and only two in the House. The record also shows that almost all of those not voting for the bill had previously declared their intentions and were paired with members of opposite intentions.[8]
Congressional Record - Google Books Result
Political Science
Currently, federal law limits these tribes to executing a 25-year lease that may be ... these entities the ability to grant long- term leases of 99 years. ...
books.google.com/books?id=A1lOzcKvAbIC...
Just bare facts
As for the two third requires votes, it can get trough on december 2012 vote if mainstream media is still 96% controlled then and if Internet is out
Snowy Owl
17th October 2010, 20:49
Lost Soul
I did not realize that the charter expires in 2012. However, it's a bit late and the nation is broke and will be indebted to those rascals for generations (yet to be born) to come.
Again remember that regions can be quite autonomous with micro-industry and their narrow relations. This is a Huge Market occupied by big chain. We already have the historical lay out to kickstart this. I am confident.
Rocky_Shorz
22nd October 2010, 17:35
wow...
For years I have said that on December 22nd 2012, I will be celebrating the first day of the new Mayan calendar and my birthday...
but end of the Federal Reserve? now that's a present I never dreamed of...
Lost Soul
25th October 2010, 03:12
Lost Soul
Again remember that regions can be quite autonomous with micro-industry and their narrow relations. This is a Huge Market occupied by big chain. We already have the historical lay out to kickstart this. I am confident.
After the collapse, we will return to locally produced goods. Quality will increase and we'll see less imported things and more domestically produced items. There will be a lot of barter too instead of cash (since it will take a while for a new currency to be recognized).
bluestflame
25th October 2010, 03:34
it might be a good time to start planting now (spring time here)
Decibellistics
25th October 2010, 03:59
If this is true about the 2012 business.........people should start making people aware of this....I wonder if the fed and u.s. contract is able to be dug up easily.....
Rocky_Shorz
27th October 2010, 22:58
hmmmm... but then again... what I'm reading doesn't confirm the 99 years...
The McFadden Banking Act 1922 extended it from 20 to 99 years but...
Following that act...
That the Federal Reserve Banks' charter, which expires in 1934, be renewed for an "indeterminate" period. This is the rider. It puts the positive stamp of approval of a Republican administration on the greatest domestic achievement of the Wilson regime. To be sure, it would be possible for any Congress after 1934 to abolish the Federal Reserve system, but what Congress would dare and what President would permit the destruction of a well-tested stabilizer of banking?
full article (http://www.time.com/time/magazine/article/0,9171,730058,00.html)
Rocky_Shorz
3rd November 2010, 21:59
http://www.pakalertpress.com/wp-content/uploads/2010/10/printing_dees.jpg
Winning The Currency War: The Unleasing of a “Financial Nuclear War”
Let us be very clear about the impact of the coming massive Quantitative Easing (QEII) by the FED, the financial bully of Wall Street. It is the unleashing of a financial nuclear weapon!
The financial media is portraying this process as “a war of survival” between America and the rest of the world. This is a war waged by Wall Street. Its main instrument is a Global Ponzi Scheme.
If the American people is hoodwinked into believing the financial media, which justifies the use of “financial WMDs” against America and the world, the consequences will be catastrophic and the American economy and people will be devastated. Moreover, for the 1% of the financial elites, about half will survive, consolidate their control and form new global alliances. This is already taking place, as highlighted in my recent article. [1]
Will the American people rise to the occasion and hunt down the fraudsters on Wall Street, the US Congress and the puppet masters behind the shadow money-lending system. In this regard, I am not optimistic. The present mass movement - the Tea Party constitutes a significant diversion from the main issues that need to be addressed. The American people seem to be unaware that they have been plundered by their very own political leaders acting in concert with the global financial elites on Wall Street.
In the same way that the American people were dragged into invading Afghanistan and Iraq on the promise of victory (Bush’s Mission Accomplished), Wall Street will do likewise in launching this unprecedented financial war on the promise that they will come out the victors!
The propaganda has already commenced. The Financial Times, one of the leading mouth-pieces of the financial establishment has declared victory even before the launch of the first WMD. To quote Martin Wolf:
“To put it bluntly, the US wants to inflate the rest of the world, while the latter is trying to deflate the US. The US must win, since it has infinite ammunition: there is no limit to the dollars the Federal Reserve can create. What need to be discussed are the terms of the world’s surrender”...
conk
5th November 2010, 19:57
Yes, the destruction is deliberate. It's by design, built into the fiat mechanisms. Bubble, collapse, bubble, collapse, many times throughout history since the 'invention' of the paper scam. Even Baron Keynes admitted as much.
On the subject, The Creature From Jekyl Island is a really good book on the subject of the Fed and it's antics. Shady, shady, middle of the night stuff.
Woodrow Wilson frequently lamented his involvement in the whole Fed charade.
Ahkenaten
10th November 2010, 22:36
It is possible to declare a debt a nullity to regain control and for nations or subsets to begin to print their own currencies to effect an economic turn-around
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