Economic Armageddon? - end the Fed

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investorzzo's picture
investorzzo
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Economic Armageddon? - end the Fed

May 24th Marc Faber

http://marcfaber.tk/

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investorzzo
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investorzzo's picture
investorzzo
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Re: Economic Armageddon? - end the Fed

Gerald Celente : "Here we are in 2012. Food riots, tax protests, farmer rebellions, student revolts, squatter digins, homeless uprisings, tent cities, ghost malls, general strikes, bossnappings, kidnappings, industrial saboteurs, gang warfare, mob rule, terror. How could it have come to this? Across the nation and around the world, it was a variation of the same theme. In the United States it was called “Obamageddon,” in the rest of the world it was “The Greatest Depression.” Did no one see it coming? Yes and no. There were intelligent, informed people who saw it. But for the most part they didn’t want to believe their eyes and didn’t want to hear it. They could do the math, but too terrified to face the big, bad ugly truth, they were afraid to add up the numbers. If you didn’t see the future through rose-colored glasses, they called you names: “Gloom and Doomer.” A purveyor of “Pessimism Porn” sniggered The New York Times, deriding Gerald Celente’s forecasts because they lacked the obligatory happy ending. The same New York Times — who sold America the Iraq war, who denied America was heading for recession until it became “official,” who relentlessly parroted the party line — like so many of “the most trusted” names in news, were themselves insidious pushers of “Optimism Opium.” And for the most part Americans"

http://geraldcelentechannel.blogspot.com/

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Re: Economic Armageddon? - end the Fed

There's good $$ for some folks in doom.

Those are strong assertions.

Let's see what he says (right!) if he's wrong.

 

SG

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investorzzo
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Re: Economic Armageddon? - end the Fed
capesurvivor wrote:

There's good $$ for some folks in doom.

Those are strong assertions.

Let's see what he says (right!) if he's wrong.

 

SG

  just wondering how much money has been printed and sent to the IMF? If Americans new
How much money has been printed and sent to bail out Europe's PIG countries.   Billions, trillions- no wonder the FED is against an audit! I always wondered why the IMF never tells the US that it needs an austerity program like the PIG countries. America, the number one debtor nation.   
This whole house of cards is about to collapse. I am sometimes ashamed to be an American,
As so many of us sleeping and driving at a 100 miles an hour into a brick wall......     Jon

TIME TO AUDIT THE FED............

capesurvivor's picture
capesurvivor
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Re: Economic Armageddon? - end the Fed

No argument with auditing the Fed!!

 

SG

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Shut Down the Federal Reserve?

Are the fraud allegations from the article urging to Shut Down the Federal Reserve accurate? Why is there so little education about the Federal Reserve in the media, schools and universities?
Why is the Government Accountability Office not allowed a full audit of the Federal Reserve? The position that something is very wrong with the Federal Reserve is even supported by some courageous Congressmen from both parties. If their accusations are unfounded, then why aren't the democratically elected Congressmen allowed to audit the Federal Reserve's alleged private ownership and selfish activities? The US Constitution in Article I, Section 8, Paragraph 5, states that Congress has the authority to "coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;".
Why is the Federal Reserve so secretive?

http://thomaspainereturns.net/posts/sdfr.html
"The band aids will not help the economic crisis. There is a systemic problem. The Federal Reserve and all the central banks in the world that are designed on its model are defrauding the people of the world.

There is no rational reason why the U.S. Congress cannot print its own currency. The Congress was intimidated, bribed and blackmailed into creating and maintaining the Federal Reserve Bank. The Federal Reserve was awarded a contract to manage the currency in America. The cost of that contract to the U.S. has been $10 trillion in national debt.

To try to cover for the Federal Reserve's greedy fraud, many countries are being forced to pay into the Federal Reserve coffers to keep the world economy afloat. One of the ways they are being forced to pay is through devaluation of their currencies with respect to the U.S. dollar, which is a way of building up America at the expense of others in the world.

All of the band-aid measures will fail. The problem is the Federal Reserve, which concept is founded upon debt-based currency and fraud. It must be closed down or it will continue to suck the resources of the U.S. with its currency management contract. The American government could do the Federal Reserve's job for virtually nothing, and save the U.S. taxpayers between $200 and $900 billion each year in interest off a debt that will never be paid off."

http://en.wikipedia.org/wiki/Louis_McFadden
"McFadden is also remembered for his criticism of the Federal Reserve, which he claimed was created and operated by European banking interests who conspired to economically control the United States. On June 10, 1932, McFadden made a 25-minute speech before the House of Representatives[2] , in which he accused the Federal Reserve of deliberately causing the Great Depression."

http://en.wikipedia.org/wiki/Huey_Long
"Long was a staunch opponent of the Federal Reserve Bank. Together with a group of Congressmen and Senators, Long believed the Federal Reserve's policies to be the true cause of the Great Depression. Long made speeches denouncing the large banking houses of Morgan and Rockefeller centered in New York which owned stock in the Federal Reserve System. He believed that they controlled the monetary system to their own benefit, instead of the general public's benefit."

http://en.wikipedia.org/wiki/Rand_Paul
"Paul opposes the Federal Reserve Act of 1913 and the Federal Reserve's control of the nations money supply and interest rates. He wants to allow the free market to regulate interest rates, and supports congresses constitutional role of controlling the money supply. Paul endorses H.R. 1207, the Federal Reserve Transparency Act, a bill introduced by Congressman Ron Paul mandating an audit of the Federal Reserve. Although Paul would abolish the Federal Reserve, he supports transparency and accountability of the semi-private institution. Additionally, Paul opposes inflation and supports "restoring the value of the dollar that has devalued by approximately 95% since the Federal Reserve's inception in 1913"."

http://en.wikipedia.org/wiki/Alan_Grayson
"Grayson is a co-sponsor of the Federal Reserve Transparency Act of 2009, which would provide addition provisions to audit the Federal Reserve, including removing several key exemptions."

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DrKrbyLuv
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Re: Economic Armageddon? - end the Fed

Hello Norma, welcome to the forum.  Great post!  The non-Federal no-Reserve banking cartel is our greatest enemy! 

Larry

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Re: Economic Armageddon? - end the Fed

"Here we are in 2012. Food riots, tax protests, farmer rebellions, student revolts, squatter digins, homeless uprisings, tent cities, ghost malls, general strikes, bossnappings, kidnappings, industrial saboteurs, gang warfare, mob rule, terror. How could it have come to this? 

 

This is what monetary economics leads to.  Constant need for continuous cyclical consumption to grow GDP.  You can only fill up a water balloon so much before it pops.  

 

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