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Hyperinflation: Bob Chapman explains WHY he thinks it’s still starting this fall

Bob Chapman explains in this segment of the Alex Jones Show, 7/10/09, why he thinks hyperinflation still will begin this fall.

[youtube=http://www.youtube.com/watch?v=pPASPVWT8kk]

Strapped by the ‘Fed’

feddees

Bob Chapman’s Latest Articles: Hyperinflation clearly in our future

From: The International Forecaster

International Forecaster Weekly

The Fed The Ultimate Zombie
Latest Issue: June 24th, 2009: Mistakes of and good intentions of Lincoln and Kennedy, As the Fed absorbs the toxic waste of its friends, it becomes a zombie bank in its own right, the perils of printing the dollar, the deliberate march to the destruction of the dollar, – No comments yet.

Spending, Debt and Collapse Predicts Hyperinflation
June 20th, 2009: Public Private Investment Partnerships sell off toxic waste, hyperinflation clearly in our future, gold and silver must eventually skyrocket, bailouts behind everyones backs, since central banks control the money flow, they are responsible, the king of stagflation – No comments yet.

The Credit Crisis Is Not Over After 23 Months
June 17th, 2009: Rally of 1931 to haunt the markets this year, SEC hasnt really stopped anything, Fed must find a way to hide toxic assets, bear market not reversible, Currencies deprecate against gold, funding new health insurance initiatives not easy in times of debts, Monetary policy to become inflationary – No comments yet.

Profits Privatized and Losses Socialized
June 13th, 2009: How much longer for USD as world currency? moral abdication enables collapse of dollar, hyperinflation, china to be in a currency war, more money being created out of thin air, experts have reasons for their pessimism, default swaps were never understood by regulators, – No comments yet.

Financial Bailout Plan Keeps Zombie Banks Alive
June 10th, 2009: 37th bank failure this week Madoff fraud tally being calculated, recession continues to deepen, financial zombies kept alive after almost destroying our financial system, Promise to head of hyperinflation is hollow, We get trillion dollar deficits as far as the eye can see, VAT on the way, on Wall Street, transparency, oversight, and accountability do not exist, details on bailouts are state secrets – No comments yet.

. . .

Ron Paul: ‘Fed’ Digging a Bigger Hole for Us — No Interest in Looking at Root Cause

[youtube=http://www.youtube.com/watch?v=pvH1ZJnGUxs]

MSNBC interview with Dr Ron Paul (6/18/09)
The system of regulations can’t compensate for the errors of the Federal Reserve

Gerald Celente on Obama’s ‘Fed’ solution: “It’s like putting a set of brakes on a car that has already crashed, and these aren’t very good brakes.” “These are the people that destroyed the regulations…that would have prevented this.” “This isn’t going to be solved by printing more money.” “The Greatest Depression is underway.”

“It’s not a question of being optimistic or pessimistic.
It’s a question of what is.”

[youtube=http://www.youtube.com/watch?v=Fl6NCPOMZ9I]Gerald Celente: Washington is Wall St. and Wall St. is Washington

The founder of the Trends Research Institute, Gerald Celente, shared his thoughts on Obama’s new initiative and the politicization of the Federal Reserve.

Why You’ve Never Heard of the Great Depression of 1920

[youtube=http://www.youtube.com/watch?v=czcUmnsprQI]

Presented by Thomas E. Woods, Jr., at “The Great Depression: What We Can Learn From It Today,” the Mises Circle in Colorado; sponsored by Limited Government Forum of Colorado Springs and hosted by the Ludwig von Mises Institute. Recorded Saturday, 4 April 2009.

Related: Rockefeller and Carnegie Foundations INTENTIONALLY ALTERED AMERICAN HISTORY in Order to Merge America Into a Monopoly They Control

Ron Paul: Too Little, Too Late? “My guess is that we’ll have the Crisis” before necessary changes will be made

Quotations transcribed by Jeff Fenske from The Alex Jones Show broadcast, 6/10/09

[Updated & expanded 6/14]

Ron Paul mentioned how the Chinese students laughed at Timothy Geithner, recently, when Geithner said we’re going to get things under control and reign back our spending. Paul then added:

“Well, I imagine there’s a lot of students around the country and a lot of other people, now, who just laugh at us up here in Washington.”

Paul is encouraged that he now has “209 sponsors” in Congress for his “audit the ‘Fed'” bill, a goal he’s been pushing for many years, along with his bills to abolish this privately owned cartel. But he’s not overly hopeful.

“We just have to do our best and see what happens, see if the calamity hits us before we can make some calm, deliberate decisions that make some changes. But my guess is that we’ll have the crisis before we can do that.”

Alex Jones asked: “When do you see the next big plunge downward, deeper into this globally engineered depression?” Paul responds:

“I think it’s really going down now, but the government statistics sort of are giving people a false sense of security, so I think we’re still slipping.

There will be more announcements, and more bankruptcies, and probably more commercial property problems, more states going bankrupt, and more unemployment. Then finally the euphoria on Wall Street of the last four months, it will dissipate….”

“I was impressed, the other day, that some of the news media have reported that the real rate of unemployment isn’t 9%, it’s like 18%….”

Despite the dismal facts, Ron Paul seems to be focusing on the bright side:

“I so strongly feel that if we get transparency of the Fed, and the people know what they’ve done, I think their days are numbered.”

Alex asks Paul what he expects to find if the audit does happen. Paul:

I’d be most interested in what they’ve done with the international organizations: which countries that they’ve bailed out and which central banks that they’ve helped; what they have done with gold, and whether or not they’ve loaned and sold gold, and how they manipulate markets. I would imagine they even manipulate stock market…. How they do it would be the thing.

Ron Paul on The Alex Jones Show:
Their Time Has Come “Audit The FED!”

[youtube=http://www.youtube.com/watch?v=oLWvFYbkxnE]

[youtube=http://www.youtube.com/watch?v=WSln28BkIyc]

Related:

Ron Paul’s Bill To Audit ‘Federal’ Reserve Now Has 207 Co-Sponsors!

Timing Predictions • Tobefree

We Are Change Chicago Confronts Ben Bernanke

This is pretty heavy!

[youtube=http://www.youtube.com/watch?v=AVjIQllKRgs]

Current chairman of the private Federal Reserve Ben Bernanke made a visit to Chicago on June 10th. He was unexpectedly confronted by patriots and members of We Are Change Chicago regarding his treasonous attendance at Bilderberg in 2008.

Money Truther Peter Schiff Vs. Disinfo Specialist, Fed Cheerleader on CNBC

[youtube=http://www.youtube.com/watch?v=LVZ8LrhubvU]

Ron Paul’s Bill To Audit ‘Federal’ Reserve Now Has 207 Co-Sponsors!

From: Infowars, June 10, 2009

Bill To Audit Federal Reserve Now Has 207 Co Sponsors  100609RPAt time of writing, a bill that would see the Federal Reserve bank audited for the first time in 59 years has 207 cosponsers in the House and is gaining traction with every single day.

This means just 11 more are needed for a majority to be reached in the House.

If enacted, HR 1207 will amend title 31 of the United States Code and reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States.

In other words, for the first time since 1950, the the independent financial powerhouse that creates and regulates all money in the US will be forced by law to open its books.

HR 1207 was sponsored and introduced by Rep. Ron Paul. On February 26, 2009, it was referred to the House Committee on Financial Services, where it remains under consideration.

HR 1207 also has a companion bill, S 604: F R Sunshine Act of 2009, in the Senate.

This news also dovetails with reports detailing how the House Oversight and Government Reform Committee, the panel responsible for investigating the use of bailout money, has issued a subpoena to the Federal Reserve, asking them to hand over all documents relating to the takeover of Merrill Lynch by the Bank of America.

Claims by New York Attorney-General Andrew Cuomo that former Treasury Secretary Hank Paulson and Federal Reserve Chairman Ben Bernanke strong-armed BofA into buying Merrill, could see the two exposed to prosecution.

There is no doubt that the privately owned Federal Reserve is in hot water, and it knows it.

As we reported last week, the Fed is hiring a veteran lobbyist to “manage its relations with Congress”.

Hendrix murdered by his manager, says former aide

From: The Independent

The rock legend Jimi Hendrix was murdered by his manager, who stood to collect millions of dollars on the star’s life insurance policy, a former roadie has claimed in a new book.

James “Tappy” Wright says that Hendrix’s manager, Michael Jeffrey, drunkenly confessed to killing him by stuffing pills into his mouth and washing them down with several bottles of red wine because he feared Hendrix intended to dump him for a new manager, according to a report in the Mail on Sunday.

In his book, Rock Roadie, Mr Wright says Jeffrey told him in 1971 that Hendrix had been “worth more to him dead than alive” as he had taken out a life insurance policy on the musician worth $2m (about £1.2m at the time), with himself as the beneficiary. Two years later, Jeffrey was killed in a plane crash.

Read Entire Article

(video) Norman Dodd: Rockefeller and Carnegie Foundations INTENTIONALLY ALTERED AMERICAN HISTORY in Order to Merge America Into a Monopoly They Control

Norman Dodd tells how the Rockefeller, Carnegie, Guggenheim and Ford Foundations set out to control education and rewrite American history in order to merge America into the one-world government they could control.

Perhaps we are seeing an example of the fruits of their history rewrite now that our government and the mainstream media (also controlled) claim that President Herbert Hoover didn’t do enough to avert the Great Depression, while true history says the opposite: AMAZING!!! Historians Twist History of the Great Depression(s) to Make Gov’t Intervention Appear Desirable.

Here is the incredible testimony of this great man, interviewed by G. Edward Griffin in 1982:

Norman Dodd (June 29, 1899 – January 1987) was a chief investigator in 1953 for U.S. Congressman B. Carroll Reece Special Committee on Tax Exempt Foundations (commonly referred to as the Reece Committee). Wikipedia

[youtube=http://www.youtube.com/watch?v=YUYCBfmIcHM]

G. Edward Griffin begins (full transcript):

The story you are about to hear represents a missing piece in the puzzle of modern history. Without this knowledge, many contemporary events are simply beyond understanding.

You are about to hear a man tell you that the major tax exempt foundations of this land since at least 1945 have been operating to promote a hidden agenda. And that agenda has nothing to do with the surface appearance of charity, good works, or philanthropy.

This man will tell you that the real objectives include the creation of a world-wide collective estate including the Soviet Union which is to be ruled from the behind the scenes by those same interests which now control the tax exempt foundations.

Norman Dodd says this starting at 25:45:

We are now at the year 1908 which was the year that the Carnegie began operations. And in that year the trustees meeting for the first time raise a specific question which they discuss throughout the balance of the year in a very learned fashion, and the question is, is there any means known more effective than war assuming you wish to alter the life of an entire people? And they conclude that no more effective means than war to that end is known to humanity.

So then in 1909 they raise the second question and discuss it, namely, how do we involve the United States in a war? Well I doubt at that time if there was any subject more removed from the thinking of most of the people of this country that it’s involvement in a war. There were intermittent shows in the Balkans but I doubt very much if many people even knew where the Balkans were.

Then finally they answer that question as follows: We must control the State Department. And then that very naturally raises the question how do we do that? And they answer it by saying we must take over and control the diplomatic machinery of this country and finally resolve to aim at that as an objective.

Then time passes and we are eventually in a war which would have been World War I and at that time they record on their minutes a shocking report in which they dispatch to President Wilson a telegram cautioning him to see that the war does not end too quickly.

And finally, of course, we are, the war is over. At that time their interest shifts over to preventing what they call a reversion of life in the United States to what it was prior to 1914 when World War broke out. And they arrive at that point, they come to the conclusion that to prevent a reversion we must control education in the United States.

And they realize that that’s a pretty big task. So it’s, to them, it is too big for them alone so they approach the Rockefeller Foundation with the suggestion that that portion of education which could be considered domestic be handled by the Rockefeller Foundation and that portion which is international should be handled by the Endowment.

And they then decide that the key to the success of these two operations lay in [an] alteration of the teaching of American history.

Nikon Profits Down 64%, Sees Loss Ahead

From: canonrumors

TOKYO, May 13 (Reuters) – Japanese precision equipment and camera maker Nikon Corp (7731.T: Quote, Profile, Research, Stock Buzz) said on Wednesday annual operating profit fell 64 percent, hurt by weak sales of chip-making machines, and it forecast a tumble into the red this year. …

Shares of Nikon shed 58 percent in the year ended in March, while Canon lost close to 39 percent and Olympus Corp (7733.T: Quote, Profile, Research, Stock Buzz) lost 48 percent. (Reporting by Mayumi Negishi; Editing by Edwina Gibbs)

Read Entire Article

Ron Paul’s AMAZING Speech: Current Conditions or Just a Bad Dream – 5/19/09

[youtube=http://www.youtube.com/watch?v=FOK31D2xuOA]

“Could it all be a bad dream, or a nightmare? Is it my imagination, or have we lost our minds?

It’s surreal; it’s just not believable. A grand absurdity; a great deception, a delusion of momentous proportions; based on preposterous notions; and on ideas whose time should never have come; simplicity grossly distorted and complicated; insanity passed off as logic; grandiose schemes built on falsehoods with the morality of Ponzi and Madoff; evil described as virtue; ignorance pawned off as wisdom; destruction and impoverishment in the name of humanitarianism; violence, the tool of change; preventive wars used as the road to peace; tolerance delivered by government guns; reactionary views in the guise of progress; an empire replacing the Republic; slavery sold as liberty; excellence and virtue traded for mediocracy; socialism to save capitalism; a government out of control, unrestrained by the Constitution, the rule of law, or morality; bickering over petty politics as we collapse into chaos; the philosophy that destroys us is not even defined.

We have broken from reality–a psychotic Nation. Ignorance with a pretense of knowledge replacing wisdom. Money does not grow on trees, nor does prosperity come from a government printing press or escalating deficits.

We’re now in the midst of unlimited spending of the people’s money, exorbitant taxation, deficits of trillions of dollars–spent on a failed welfare/warfare state; an epidemic of cronyism; unlimited supplies of paper money equated with wealth.

A central bank that deliberately destroys the value of the currency in secrecy, without restraint, without nary a whimper. Yet, cheered on by the pseudo-capitalists of Wall Street, the military industrial complex, and Detroit.

We police our world empire with troops on 700 bases and in 130 countries around the world. A dangerous war now spreads throughout the Middle East and Central Asia. Thousands of innocent people being killed, as we become known as the torturers of the 21st century.

We assume that by keeping the already-known torture pictures from the public’s eye, we will be remembered only as a generous and good people. If our enemies want to attack us only because we are free and rich, proof of torture would be irrelevant.

The sad part of all this is that we have forgotten what made America great, good, and prosperous. We need to quickly refresh our memories and once again reinvigorate our love, understanding, and confidence in liberty. The status quo cannot be maintained, considering the current conditions. Violence and lost liberty will result without some revolutionary thinking.

We must escape from the madness of crowds now gathering. The good news is the reversal is achievable through peaceful and intellectual means and, fortunately, the number of those who care are growing exponentially.

Of course, it could all be a bad dream, a nightmare, and that I’m seriously mistaken, overreacting, and that my worries are unfounded. I hope so. But just in case, we ought to prepare ourselves for revolutionary changes in the not-too-distant future.”

Lindsey Williams: Oil, Hyper-inflation, & the next 6-9 months

From: Dr. Stanley Monteith’s Radio Liberty Audio Archives

Date: 04-17-09
Hour: a – 1 hr.
3:00: Dr. Dennis Cuddy – The Rockefeller Plan
Hour: b – 1 hr.
4:00: Lindsey Williams – Oil, Hyper-inflation, & the next 6-9 months
Hour: c – 2 hrs.
8:00: John Quirk – Current Events
9:00: William Grigg – Current Events

Related: Lindsey Williams on The Infowarrior with Jason Bermas 4/9/09: HyperInflation Coming in 6-9 Months, Maximum 1 Year!!

Lindsey Williams on The Infowarrior with Jason Bermas 4/9/09: HyperInflation Coming in 6-9 Months, Maximum 1 Year!!

Transcribed by Jeff Fenske

[youtube=http://www.youtube.com/watch?v=H8vIhpYMBj4]

Last summer, they told Lindsey, who told us:
“‘We are going to bankrupt OPEC.'”

A few days ago:
“OPEC has lost $2 1/2 trillion … 3/4 of their income.”
“Because Saudi Arabia believed the global elite,
who told them….”

“This is an agenda. They know exactly what they’re doing. They had it planned years in advance. This gentleman told me eight months before it happened that it was going to take place. And the elite are doing every bit of this, along with what’s happening to the financial situation of America and banking….”

[youtube=http://www.youtube.com/watch?v=wnOWKkKRxV8]

“‘We’re going to bring on two big oil fields if the price starts to go up again.'”

“They’re going to bankrupt Russia. … They right now have them under their thumb. And they’ll keep them there until they’ve gotten them so submissive, until then they will make them again. … We are going to have them as the great iron curtain again.”

“Last week, the Federal Reserve—who is not an agency of the federal government any more than Federal Express is—and they stepped in last week, and for the first time in the history of the United States of America bought $23.5 billion of T-bills in one week. They’ve never done this before. Why?”

[youtube=http://www.youtube.com/watch?v=NeryYIhJ0tk]

Because so many Americans are quickly waking up, Lindsey believes the elite may bypass the Amero and go directly to a global currency.

They are scared to death of the masses waking up. And it’s my opinion they’re going to bypass the Amero, maybe even the North American Union, and go directly into a world currency.”

Lindsey believes oil prices will stay low for the next year to a year and one-half.

“If you can buy it and you need it, get it now, because six to nine months from now, you are going to see hyperinflation in this country that is going to be so devastating….”

Gerald Celente April 2009: False Flag Recovery

Transcribed by Jeff Fenske

[youtube=http://www.youtube.com/watch?v=IM-Zwqa2WyA]

“There’s no recovery in sight.”

“It’s economics for dummies.”

“There are no games left to play
other than…’print all the money that you can.'”

The Great Geithner Coverup Exposed on Bill Moyers Journal

[youtube=http://www.youtube.com/watch?v=_WOz1nFOJPo]

Economist William K. Black of the University of Missouri appeared in an interview on PBS last week with Bill Moyers. He pulls no punches in spelling out who is really responsible for our current economic disaster, and why our own Treasury Secretary is leading the charge to keep the truth covered up.

Please be sure to watch the full interview (link below) and share it with all your friends.

HOMEWORK:

Full Moyers interview with WIlliam K. Black:
http://www.pbs.org/moyers/journal/04032009/watch.html

Raw Story article that inspired this video:
http://rawstory.com/news/2008/Economist_US_collapse_driven_by_fraud_0404.html

Hyperinflation Lesson from Argentina

Privatizing profits [to the elite]
>
Socializing losses
[common people left with the tab]

[youtube=http://www.youtube.com/watch?v=UlDNMB6wYmI]

An Argentine opinion on the Global Financial Crisis, describing the whole Global Financial System as one vast Ponzi Scheme. Like a pyramid, it has four sides and is a predictable model. The four sides are: (1) Artificially control the supply of public State-issued Currency, (2) Artificially impose Banking Money as the primary source of funding in the economy, (3) Promote doing everything by Debt and (4) Erect complex channels that allow privatizing profits when the Model is in expansion mode and socialize losses when the model goes into contraction mode.

RON PAUL: Audit the ‘Federal’ Reserve!!! – HR 1207 — Sign the Petition (GREAT MUSIC!)

[youtube=http://www.youtube.com/watch?v=hlmXUiEgNO8]

Encourage your representitive to support HR 1207 – the Federal Reserve Transparency Act. The Fed is a private institution and is therefore not subject to normal Governmental Freedom of Information requests, as Bloomberg recently found out.

HR 1207 will help to reveal where the Fed is funnelling trillions of dollars of taxpayer’s money.

Sign the petition

London Telegraph Admits Plan For Bank Of The World, Global Currency

From: Infowars

The international business editor of the London Telegraph has today penned a piece admitting that the fallout of the G20 summit sets the stage for a global central bank and a global fiat currency.

After yesterday’s widespread announcement of a “new world order” by the world’s media, Ambrose Evans-Pritchard of the Telegraph writes “The world is a step closer to a global currency, backed by a global central bank, running monetary policy for all humanity.”

The economic analyst points to a clause in Point 19 of the communiqué issued by the G20 leaders, saying it “amounts to revolution in the global financial order.”

“We have agreed to support a general SDR allocation which will inject $250bn (£170bn) into the world economy and increase global liquidity,” The clause states.

SDRs are Special Drawing Rights, a synthetic paper currency issued by the International Monetary Fund that has lain dormant for half a century.

“In effect, the G20 leaders have activated the IMF’s power to create money and begin global ‘quantitative easing’. In doing so, they are putting a de facto world currency into play. It is outside the control of any sovereign body. Conspiracy theorists will love it.” Evans-Pritchard comments.

Read the Entire Telegraph article here.

Even though Evans-Pritchard directly admits the political agenda to diminish the power of sovereign states in favor of a move towards global governance, he still couches it under the term “conspiracy theory”, suggesting it is some sort of paranoid delusion.

It is time to face this agenda head on, expose it for what it really is and stop engaging in cognitive dissonance and blind ignorance.

Furthermore, why would we “love” to see unfold before our eyes the very diabolical strategy that we have consistently warned will eventually strip us of all our freedoms?

As we have exhaustively documented, the new world order has nothing to do with saving the world and everything to do with centralizing power and control into the hands of a gaggle of criminal globalists who are concerned about nothing other than increasing their domination over the planet – at the expense of the rest of the population.

The new world order is totalitarian by its very nature – shifting power away from sovereign countries to global institutions which have no accountability to the general public whatsoever, and through which the public has no voice or influence. That cannot be defined as anything else but undemocratic. There is no such thing as a “benign” new world order.

It’s about time the establishment media stopped parroting the words of globalists, stopped dismissing as trite their clear and outright agenda to seize power, and actually started exposing what is really happening in this world with purpose.

Related: How José Manuel Barroso (Bilderberg Member) quietly transformed the world’s financial future G20 summit

Pat Buchanan: Should We Kill the Fed? Real History—Hoover Did What Obama is Doing

From: Human Events

For the financial crisis that has wiped out trillions in wealth, many have felt the lash of public outrage.

Fannie and Freddie. The idiot-bankers. The AIG bonus babies. The Bush Republicans and Barney Frank Democrats who bullied banks into making mortgages to minorities who could not afford the houses they were moving into.

But the Big Kahuna has escaped.

The Federal Reserve.

(T)he very people who devised the policies that produced the mess are now posing as the wise public servants who will show us the way out,” writes Thomas Woods in “Meltdown.”

Already in its sixth week on the New York Times best-seller list, this eminently readable book traces the Fed’s role in every financial crisis since this creature was spawned on Jekyl Island in 1913.

The “forgotten depression” of 1920-21 was caused by a huge increase in the money supply for President Wilson’s war. When the Fed started to tighten at war’s end, production fell 20 percent from mid-1920 to mid-1921, far more than today.

Why did we not read about that depression?

Because the much-maligned Warren Harding refused to intervene. He let businesses and banks fail and prices fall. Hence, the fever quickly broke, and we were off into “the Roaring Twenties.”

But, the Fed reverted, expanding the money supply by 55 percent, an average of 7.3 percent a year, not through an expansion of the currency, but through loans to businesses.

Thus, when the Fed tightened in the overheated economy, the Crash came, as the stock market bubble the Fed had created burst.

Herbert Hoover, contrary to the myth that he was a small-government conservative, renounced laissez-faire, raised taxes, launched public works projects, extended emergency loans to failing businesses and lent money to the states for relief programs.

Hoover did what Obama is doing.

Indeed, in 1932, FDR lacerated Hoover for having presided over the “greatest spending administration in peacetime in all of history.” His running mate, John Nance Garner, accused Hoover of “leading the country down the path to socialism.” And “Cactus Jack” was right.

Read Entire Article

[video] George Humphrey on Alex Jones Tv, 4/2/09: The Game is Fixed! “The people of this nation are far, far more controlled subconsciously than they have any idea about.” “If we see this thing with CLEAR EYES and a FULL HEART, then we can have some LOVE IN OUR HEARTS and realize that we don’t have to go to this materialistic gulag that is being prepared for us.”

Alex talks with businessman, author and documentary film maker George Humphrey.

Transcribed by Jeff Fenske

[youtube=http://www.youtube.com/watch?v=lOJPGShPLrE]

If we see this thing with clear eyes and a full heart, then we can have some love in our hearts and realize that we don’t have to go to this materialistic gulag that is being prepared for us.”

[youtube=http://www.youtube.com/watch?v=bU6kA-HJkOc]Mostly internationally owned ‘Federal’ Reserve Bank
Fractional Reserve Banking Explained

Money from thin air—that we have to pay back with earned money

“The multiplication factors used to be much smaller. It was still wrong then, but then they upped it and upped and upped it and upped it. And now, for every dollar that comes into a private bank, they can multiply (if they do their work properly) by 72 times.”

“The fiat system is a system of theft, and it’s been around for a long, long time. And that’s why in the Bible is that there are 17 references against usury.”

Unrelenting ‘Ron Paul 2008’ Basher, Sean Hannity, Finally Admits ‘Conspiracy People’ were Right About Global Governance & Global Currency

Hannity, Morris Agree with Conspiracy People
About the New World Order

[youtube=http://www.youtube.com/watch?v=5wH5YqsuZiw]

It must have really been tough for Hannity to do so, but he and Dick Morris had to concede that the “Conspiracy People” were right about Global Governance and and a Global Currency.

A Global Currency? Watch Bernanke Lie

“… when Bachmann asked Bernanke if he would completely renounce any suggestion of replacing the U.S. dollar with an international currency, his eyes looked down and away from her when he replied in the affirmative–i.e., he couldn’t look her straight in the face because he was lying.”

[youtube=http://www.youtube.com/watch?v=ZxTpBhLE11s]Rep. Michele Bachmann Grilling Geithner and Bernanke

World Affairs Brief, March 27, 2009 Commentary and Insights on a Troubled World.

Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief http://www.worldaffairsbrief.com

NEW CURRENCY? NOT SO FAST

China even called for a replacement this week of the dollar by some yet-to-be-defined international currency. This is another key New World Order goal that globalists at the CFR and Trilateral Commission would relish. However, they can’t solve the dollar’s current woes by introducing a new currency now since everyone would require a fair exchange value for their existing currencies. This merely changes the name–not the actual quantity of inflation that threatens everyone’s value.

Only during a war, can you get away with forcing an unfair exchange upon current holders of dollars.

Is there any gold inside Fort Knox, the world’s most secure vault?

Many gold investors suspect that the US has periodically attempted to flood the market with Fort Knox gold to keep prices low and the dollar high – perhaps through international swap agreements with other central banks….

From: The Times

It is said to be the most impregnable vault on Earth: built out of granite, sealed behind a 22-tonne door, located on a US military base and watched over day and night by army units with tanks, heavy artillery and Apache helicopter gunships at their disposal. …

For several prominent investors and at least one senior US congressman it is not the security of the facility in Kentucky that is a cause of concern: it is the matter of how much gold remains stored there – and who owns it.

They are worried that no independent auditors appear to have had access to the reported $137 billion (£96 billion) stockpile of brick-shaped gold bars in Fort Knox since the era of President Eisenhower. After the risky trading activities at supposedly safe institutions such as AIG they want to be reassured that the gold reserves are still the exclusive property of the US and have not been used to fund risky transactions. …

“It has been several decades since the gold in Fort Knox was independently audited or properly accounted for,” said Ron Paul, the Texas Congressman and former Republican presidential candidate, in an e-mail interview with The Times. “The American people deserve to know the truth.”

Mr Paul has so far attracted 21 co-sponsors for a Bill to conduct an independent audit of the Federal Reserve System – including its claims to Fort Knox gold – but an organisation named the Gold Anti-Trust Action Committee (GATA) is taking a different approach. …

Many gold investors suspect that the US has periodically attempted to flood the market with Fort Knox gold to keep prices low and the dollar high – perhaps through international swap agreements with other central banks – but facts remain scarce and the US Treasury denies that any such meddling has gone on for at least the past decade.

Read Entire Article

2-Faced Geithner Assures CFR Puppet Masters He’s “Open” To Global Currency — Dollar is a Dead Duck

From: Prison Planet

Treasury Secretary a traitor, tells American people one thing, CFR [Council of Foreign Relations] elitists another, as move towards global monetary union accelerates

In a near complete reversal of his comments on Tuesday, when he told a Congressional hearing that there were no plans to move towards a global currency to supplant the dollar, Treasury Secretary Timothy Geithner sought to please the elitist CFR by assuring them that he was “open” to the notion of a new global currency system. …

“I haven’t read the governor’s proposal. He’s a very thoughtful, very careful distinguished central banker. I generally find him sensible on every issue,” said Geithner, before adding, We’re actually quite open to that suggestion – you should see it as rather evolutionary rather building on the current architecture rather than moving us to global monetary union.” …

The continued use of the dollar as a reserve currency, he added, “depends..on how effective we are in the United States…at getting our fiscal system back to the point where people judge it as sustainable over time.”

By that standard then, the dollar is a dead duck.

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Related: Skousen: New Currency? Not So Fast | Bernanke Lying

Ron Paul: “If we have…SOUND MONEY, I think we’d get back to work so QUICKLY and RECOVER. But that’s not what THEY’re interested in”

RON PAUL PETER SCHIFF LEW ROCKWELL JUDGE NAPOLITANO FREEDOM WATCH 25-03-09

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“If we have freedom and sound money, I think we’d get back to work so quickly and recover. But that’s not what THEY‘re interested in.”

JBS President, John McManus in Studio with Alex Jones, 3/26/09

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Ron Paul: “This is the BIG One! … Between One and Four Years the $Dollar$ Will IMPLODE”

From: Financial Times, Believer in small government predicts 15-year depression, March 22 2009

Unfortunately, cashing out will not protect the value of investments, he [Congressman Ron Paul] insists, because “fiat” currencies will all decline over the coming years as measures to try to haul the world economy out of recession fail. “The current stimulus measures are making things a lot worse,” says Mr Paul.

“The US government just won’t allow the correction the economy needs.” He cites the mini-depression of 1921, which lasted just a year largely because insolvent companies were allowed to fail. “No one remembers that one. They’ll remember this one, because it will last 15 years.”

At some stage – Mr Paul estimates it will be between one and four years – the dollar will implode. “The dollar as a reserve standard is done,” he says. …

A deep recession had only been avoided up until now because of the efforts of successive governments to reflate the economy. But there are no more policy levers left, says Mr Paul. This is the big one.”

Unsurprisingly, Mr Paul has been viewed as a crank in Washington, dismissed as a doomsayer and a party-pooper. His bill early this year to abolish the Federal Reserve was largely ignored. And his adherence to the Austrian School of economics, which predicted that fiat currencies would destabilise the world economy, has won him few friends.

People don’t like the Austrians because they are against big government, against armies and against the welfare state. To accept Austrian economics, you have to accept limitations of credit expansion and that is what has kept the government and financial firms in business for so long.”

However, his views are, for the first time, being taken seriously in Washington. Like another politician who recently aimed for high office, Al Gore, Mr Paul’s uncomfortable truths are starting to be deliberated at elevated political levels. “Before last summer, in meetings nobody really knew I was there. Now they often defer to me on economic matters. But you won’t catch any of them admitting that publicly – not yet at least.”

He believes that markets will fall much further and inflation rise much higher before his fellow politicians recognise that the system has failed. “We are likely to see an inflation depression,” Mr Paul says.

“In the 1970s, we had stagflation, but not depression. Inflation depression is what you see in Zimbabwe.”

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