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chandrakavi
22-07-2007, 01:39 AM
Once the dollar is purposely crashed,:eek:
a new currency will take its place,:(
THE AMERO, enhanced by USA, CANADA, MEXICO:confused:
within 5- 6 years aproximately.

INTHIS TIME THE EURO( all for Europe, with one constitution?
and the Amero, for the American continent , will eventually become one currency, One World Currency.

The questions we must always ask to ourselves are:

WHAT?, WHERE?
WHY?

and most important of all:

FOR WHOM?

gordonfreeman
22-07-2007, 12:54 PM
Links? Please elaborate.

chandrakavi
22-07-2007, 08:47 PM
a lot of videos are in youtube, have come out in the news media,
also google.

uchiha
23-07-2007, 03:28 AM
Man i am sick and F---in tired of this.

What is WRONG with you people!?

Don't you see whats happening?
I know you do.
You are obviously dedicating a portion of your lives to become enlightened about such topics.

your asking questions like.. Who? How? When?
How about you ask REAL QUESTIONS.

Like.. Who is gonna revolt against this..
Will the american/canadian especially Populations allow this?
Will this be enough wakeup call to the generally misinformed public of what is to come?
Will we see a Post modern Revolution unlike any other in history?
Societies at Civil War with one another..ie. Those we reject the World state (sidenote- microchips)
And those who accept it.

WAKE UP you clowns
Those of you who are on this site and others Know a school of information Not known by Billions of people.
it is very realistic we could be fighting a war in our own backyards just for FREEDOM in the coming years.

chandrakavi
25-07-2007, 01:17 AM
You missed the most important question FOR WHOM?---the NWO of course.

Will the American CANADIANS allow this?--very few know about it, and those who saw it on the news forgot, you'd be impressed how eassily people forget things even if they have given ALL the information. Others DON'T BELIEVE IT, the guy who told me must be a looney, a "conspiracy theorist", and a minority already know about it, but who is listening? How can people revolt if everyone believe they are free eh?

I agree not everyone has this information, but no one is trying to get enlightened,
through violence nothing will be obtained, people are trying to create concience to those WHO DO LISTEN AND PAY ATTENTION, not everything is being done inside the forum, and by the way there is nothing wrong with having a bit of humor while this tragedy is going on, we don't want to be straight jackets full of seriousness like the Illuminati.

As David has said "You dont FIGHT for peace
you peace for peace". If people become aware and see this clearly just like 2+2=4, then the illuminati will have lost their power ,since if no one believes in them (brainwashing people in different ways) will have lost their tactics that they have ussed for centuries. That's the power of politicans the masses believe in them, but if their credibility is lost, and it is happening through the world ,their power they used to have is lost. They have become like a newspaper THAT EVERYONE KNOWS THAT PRINTS LIES ,knowing that people will no longer buy that.

So it is not a matter of revolt, not a matter of violence, it is a matter of information so people can be transformed, and stop these guys.

Illuminatis are like snake charmers, they want to have society hypnotized, be fooled under their control, if theysee that the music of the snake charmer no longer works, will run away so the snake won't bite them. The "Black magic" is over. Will have to postpone their plans....

Being serious , too serious about this matter is just what they want ,they want you to be paralyzed through fear ,seriousness,that way you become "their" robot.

Through laughter ,love, harmony, living life, you are no longer playing their game, they WANT YOU TO THINK NOT TO FEEL, feeling is out of their range,
it has nothing to do with business....

So live your life, not theirs.:D

Infinite love to you,

Chandrakavi:)

chandrakavi
25-07-2007, 05:02 AM
Look up in google THE LIBERTY DOLLARS. Some kind of currency in USA that is already taking place ,although few know about it. Already have US bills of different colors that are accepted in someplaces already according to what the yexplain. I have asked some friends but either don't trust it, or have never seen them, hoax or real?:confused:
READ: http://www.libertydollars.org

See what you think

love self allah
25-07-2007, 05:09 AM
Peace.
Just dont take things on face value. Always do a through research first. This seems interesting. I'll be following this in days/months/yrs to come to see what happens. Peace

chandrakavi
25-07-2007, 07:03 AM
Peace.
Just dont take things on face value. Always do a through research first. This seems interesting. I'll be following this in days/months/yrs to come to see what happens. Peace

Thank you, let me know what you find in this time
since as they say "real money is inflation-proof backed by silver or gold"
would be interesting to see that.

Infinite love to you and all:D:)

umbrex
27-07-2007, 03:01 AM
Once the dollar is purposely crashed,:eek:
a new currency will take its place,:(
THE AMERO, enhanced by USA, CANADA, MEXICO:confused:
within 5- 6 years aproximately.

INTHIS TIME THE EURO( all for Europe, with one constitution?
and the Amero, for the American continent , will eventually become one currency, One World Currency.

The questions we must always ask to ourselves are:

WHAT?, WHERE?
WHY?

and most important of all:

FOR WHOM?

This is old news my man and this isn't really the place to ask such blatant and obvious questions.

The American union has been underway for a long time and is silently being introduced and prepped by the political, corporate and financial elite. The primus motor of all this is the CFR. Heck, they even published their report on their homepage:

http://www.cfr.org/content/publicati...a_TF_final.pdf

I made a post a while back, which i have shamelessly bumped (sticky please)

http://www.davidicke.com/forum/showthread.php?t=3451

Basically they are trying to introduce unions, making the countries give up sovereignty for the greater good, ending up with vast regions who would end up becoming one (or guided as one).
But they are exposed and no way in hell the Asian, South American or Russian power holders will play along anymore. The Russians finally released them of the Rothschild grab, South America has grown tired with dominant American interests and are resilient and it appears the asians are about to go all out vs. the kabal. This is easy peasy stuff bro, and that's about the headlines of this topic.

tinmenace
27-07-2007, 05:08 AM
Man i am sick and F---in tired of this.

What is WRONG with you people!?

Don't you see whats happening?
I know you do.
You are obviously dedicating a portion of your lives to become enlightened about such topics.

your asking questions like.. Who? How? When?
How about you ask REAL QUESTIONS.

Like.. Who is gonna revolt against this..
Will the american/canadian especially Populations allow this?
Will this be enough wakeup call to the generally misinformed public of what is to come?
Will we see a Post modern Revolution unlike any other in history?
Societies at Civil War with one another..ie. Those we reject the World state (sidenote- microchips)
And those who accept it.

WAKE UP you clowns
Those of you who are on this site and others Know a school of information Not known by Billions of people.
it is very realistic we could be fighting a war in our own backyards just for FREEDOM in the coming years.

Hello Uchiha,

Welcome to the forum :)

What do you mean "revolt"?

Consciousness is the most powerful weapon we have. What we create on the inside manifests on the outside. When we walk away from the prison of fear, and from our dependence on the system, we walk to freedom. This is the ultimate revolt, but it takes a massive effort in waking people up from this dreamworld they believe to be reality.

Read this post I made elsewhere about how we need collective consciousness to end this...




What we do individually is important, but a concentrated energy is hugely powerful, and ultimately the thing that will turn this nightmare around.

This is the whole reason (for me) to help awaken people. We need the consciousness of as many people as possible, because this is not just a battle for ourselves as individuals, this is a battle for the consciousness and souls trapped in 3D humanity.

It reminds me a lot of THIS VIDEO (http://video.google.com/videoplay?docid=3264831611601613379&q=BUFFALO+AND+LION&total=483&start=0&num=10&so=0&type=search&plindex=0) (not for the fainthearted, please). The buffalo by itself was not a match for the pride of lion. But, just minutes later, the entire herd of buffalo encircled the lion. The buffalo stood together, they were determined and their intent was clear, they never faltered...

Standing together, they were a much more ominous animal and ultimately won the battle against their most feared enemy and predator.

We can learn from this. This is how it is done. This is what we need to be doing, but we need to get our numbers up first.


"The Matrix is a system, Neo. That system is our enemy. But when you're inside, you look around, what do you see? Businessmen, teachers, lawyers, carpenters. The very minds of the people we are trying to save. But until we do, these people are still a part of that system and that makes them our enemy. You have to understand, most of these people are not ready to be unplugged. And many of them are so inert, so hopelessly dependent on the system, that they will fight to protect it." - Morpheus



http://www.globalfailure.com/images/inflove.jpg

chandrakavi
27-07-2007, 08:27 AM
""the World Does Not Have To Be In Porverty
And Conflict, It Is Manipulated To Be That Way
Because It Serves The Agenda." --david Icke

nickatnoon61
27-07-2007, 08:31 AM
Hello Uchiha,

Welcome to the forum :)

What do you mean "revolt"?

Consciousness is the most powerful weapon we have. What we create on the inside manifests on the outside. When we walk away from the prison of fear, and from our dependence on the system, we walk to freedom. This is the ultimate revolt, but it takes a massive effort in waking people up from this dreamworld they believe to be reality.

Read this post I made elsewhere about how we need collective consciousness to end this...


TINNY...WHERE R U...CUZ I WANT TO GIVE U THE BIGGEST hairy bear HUG!!!!:) I watched this video a while ago and I thought the EXACT same thing!!!! So you are an enlightened ball o'fur!!!!! I LOVE YOU...GOT SOME MULLAGATANNY SOUP HERE FER YA!!!!!! NO CHARGE!!! u got it happenin, babe!!! Gotta go shave me back, right now... but u are too cool fer school!!!! AND I DO NOT DISH OUT COMPLIMENTS EASY!!!!! LET'S GET MARRIED!!! WILL U SUPPORT ME??????:eek: LMAO

tinmenace
27-07-2007, 12:53 PM
TINNY...WHERE R U...CUZ I WANT TO GIVE U THE BIGGEST hairy bear HUG!!!!:) I watched this video a while ago and I thought the EXACT same thing!!!! So you are an enlightened ball o'fur!!!!! I LOVE YOU...GOT SOME MULLAGATANNY SOUP HERE FER YA!!!!!! NO CHARGE!!! u got it happenin, babe!!! Gotta go shave me back, right now... but u are too cool fer school!!!! AND I DO NOT DISH OUT COMPLIMENTS EASY!!!!! LET'S GET MARRIED!!! WILL U SUPPORT ME??????:eek: LMAO

Aw shucks! I love you too baby! :D

Soup! My fave!

If I weren't already married....;)

chandrakavi
27-07-2007, 08:14 PM
Once the dollar is purposely crashed,:eek:
a new currency will take its place,:(
THE AMERO, enhanced by USA, CANADA, MEXICO:confused:
within 5- 6 years aproximately.

IN THIS TIME THE EURO( all for Europe, with one constitution?)
and the Amero, for the American continent , will eventually become one currency, One World Currency.



Getting back to the subject, with the NSYE global world fall,
it may look bad for the many, but it's their way of advancing to THE AMERO,
and single currency eventually, a step forward of the NWO, in their Agenda.
So for them it is a succcess.

We'll have to keep on eye as to how this keeeps developing, soon we will no longer hear about the dollar. Just Euros and Ameros, and pesos maybe.In time it will become one world currency, we'll know the name when that happens.

chandrakavi
29-07-2007, 07:30 PM
Hello Uchiha,

Welcome to the forum :)

What do you mean "revolt"?

Consciousness is the most powerful weapon we have. What we create on the inside manifests on the outside. When we walk away from the prison of fear, and from our dependence on the system, we walk to freedom. This is the ultimate revolt, but it takes a massive effort in waking people up from this dreamworld they believe to be reality.

Read this post I made elsewhere about how we need collective consciousness to end this...

As you say waking up is the real revolt, it is not through any means of violence.
Waking up, leaves "the illuminati follow their crowd" orders aside.
once the alternative opinion gets through to the media, things will really change.

uchiha
29-07-2007, 08:38 PM
Ya. thanks for Input Tin

however, i do not believe in the whole conscious mind is all theory.

Regardless of what you might believe or think; yes this body or reality we live in maybe just that a manifestation of blah blah blah.

but the truth is. while we are on this earth/plain/reality. we have the onus to do something other than....... "oh ya if i think it wont happen. it wont happen... if i think that these bad men will one day just stop.. they will" sorry thats B.S and anyone who thinks otherwise needs to pull their head out of their you know what.

Actual Physical steps need to be taken in order to stop this.. Im sorry but sitting in your den.. living room .. computer room.. whatever with the Intent and Thought that it will change.. DOESN'T MEAN IT WILL
and to all the people that think it will your just to Scared to admit it or incredibly dumb

umbrex
29-07-2007, 08:56 PM
Ya. thanks for Input Tin

however, i do not believe in the whole conscious mind is all theory.

Regardless of what you might believe or think; yes this body or reality we live in maybe just that a manifestation of blah blah blah.

but the truth is. while we are on this earth/plain/reality. we have the onus to do something other than....... "oh ya if i think it wont happen. it wont happen... if i think that these bad men will one day just stop.. they will" sorry thats B.S and anyone who thinks otherwise needs to pull their head out of their you know what.

Actual Physical steps need to be taken in order to stop this.. Im sorry but sitting in your den.. living room .. computer room.. whatever with the Intent and Thought that it will change.. DOESN'T MEAN IT WILL
and to all the people that think it will your just to Scared to admit it or incredibly dumb

finally somebody with some sense!

cruise4
29-07-2007, 08:57 PM
Couldn't agree more uchiha. Do these people think they are the first to ever think spiritual purity will change the world System? Has it? I concede if enough people demonstrate the very desirable spiritual trait, things might change. But we are nowhere near that situation. Action is needed. Others need awakening to the truth. Later we can debate the potential of Spirituality. I'd say this attitude is at present selfish and egotistical so the very opposite of what they espouse.

God helps those that themselves, is very true and in the sense I use the word God here I mean whatever YOU believe, whether its Oneness, Allah, Christian... whatever!

tinmenace
29-07-2007, 10:30 PM
Ya. thanks for Input Tin

however, i do not believe in the whole conscious mind is all theory.

Regardless of what you might believe or think; yes this body or reality we live in maybe just that a manifestation of blah blah blah.

but the truth is. while we are on this earth/plain/reality. we have the onus to do something other than....... "oh ya if i think it wont happen. it wont happen... if i think that these bad men will one day just stop.. they will" sorry thats B.S and anyone who thinks otherwise needs to pull their head out of their you know what.

Actual Physical steps need to be taken in order to stop this.. Im sorry but sitting in your den.. living room .. computer room.. whatever with the Intent and Thought that it will change.. DOESN'T MEAN IT WILL
and to all the people that think it will your just to Scared to admit it or incredibly dumb

Each to their own I guess :)

chandrakavi
29-07-2007, 11:11 PM
Each to their own I guess :)


Hi Tinmenace!

well to the other dudes,
there is an old saying that goes: " IF YOU COMBAT AN ENEMY TOO MUCH,
YOU BECOME EXACTLY LIKE HIM!"

I have seen this in people who have fought different dictatorships,
they end up using the same dictatorial tactics after "returning to democracy"
only that they don't use a military uniform. Beware , this happens all the time!.:rolleyes:

umbrex
29-07-2007, 11:15 PM
Hi Tinmenace!

well to the other dudes,
there is an old saying that goes: " IF YOU COMBAT AN ENEMY TOO MUCH,
YOU BECOME EXACTLY LIKE HIM!"


Yeah and history shows that if you sit around doing nothing the agenda, fascist, communist neocon or whatever will roll u over..

chandrakavi
29-07-2007, 11:54 PM
History showed that in a Country like India,
Ghandi's Non-violence, made the English Empire of the time
have to leave, and is the only Country in the world that
got his independence without using weapons.

Anyway I don't want to get into a circular arguement,
there are many people like you that want to do it the other way,
if the NWO is overthrown, I hope the guys replacing them don't start
thinking that the plan these guys had was not so bad, only a few changes have to be made , now, WE ARE IN POWER.

That's just a change of people,
doing eventually the same things,
would continue to have a politican's mind.

Everybody is for self- defense,
and not allowing to be microchipped,
but they have the armies and the weapons
not us,
there's a petition in UK to stop human beings being microchipped
it is sent to the Interior minister, did you sign it?
it is somewhere in the David Icke website, one of the threads.
do it if you haven't signed
People in other parts of the world could copy this law as something good,
at least there would be a choice to say no to the microship.
Idon't know if they would apply the law, but al least it would be there to be enforced.


But, it's each one to his own way!

umbrex
30-07-2007, 01:33 AM
how much are U doing ?

To spread awareness ?

I hope yoiu realize that spooking out the illuminati and co by spiritual means wont cut it. They control the cash, the military and politics and unless everybody wakes up soon or the fulford interview is for real, we are close to game over.

The case of ghandi and india can perhaps be likened with the beetles guarding the ants in Ants. It required a stand down of most of the population, and the brits knew they were outnumbered and couldnt do shit.
Again, unless we have mass-awekenings very soon it's all over in a matter of 10-20 years as far as i can tell. This is the end game, and all your hugs and kisses wont do shit. spread the word.

In my oppinion, revolution is what it takes - but that is as unrealistic as everything else. Awakening, public awereness is the key. And that's where Mr. Icke makes it so damn hard.

If you beliueve in his message, then i dare u to spread it to 10 random people and check out the awekening.

uchiha
30-07-2007, 01:54 AM
how much are U doing ?

To spread awareness ?

I hope yoiu realize that spooking out the illuminati and co by spiritual means wont cut it. They control the cash, the military and politics and unless everybody wakes up soon or the fulford interview is for real, we are close to game over.

The case of ghandi and india can perhaps be likened with the beetles guarding the ants in Ants. It required a stand down of most of the population, and the brits knew they were outnumbered and couldnt do shit.
Again, unless we have mass-awekenings very soon it's all over in a matter of 10-20 years as far as i can tell. This is the end game, and all your hugs and kisses wont do shit. spread the word.

In my oppinion, revolution is what it takes - but that is as unrealistic as everything else. Awakening, public awereness is the key. And that's where Mr. Icke makes it so damn hard.

If you beliueve in his message, then i dare u to spread it to 10 random people and check out the awekening.

well put.
to put it simply... people are idiots you can preach ancient wisdom and oh THIS is whats really going on.. but they are just too far gone to change them or they're method of thought.. it takes years and basically a Punch in the face literally or non literally to change their minds

try telling people in Texas or American troops that their in foreign lands for the Soul purpose of expanding an ancient empire of royal bloodlines in their ultimate goal of world domination which has been outlined and planned for centuries; just hope you dont get in response " HOO HA i wanna Kill Somebody"

chandrakavi
30-07-2007, 06:09 AM
how much are U doing ?

To spread awareness ?

I hope yoiu realize that spooking out the illuminati and co by spiritual means wont cut it. They control the cash, the military and politics and unless everybody wakes up soon or the fulford interview is for real, we are close to game over.

The case of ghandi and india can perhaps be likened with the beetles guarding the ants in Ants. It required a stand down of most of the population, and the brits knew they were outnumbered and couldnt do shit.
Again, unless we have mass-awekenings very soon it's all over in a matter of 10-20 years as far as i can tell. This is the end game, and all your hugs and kisses wont do shit. spread the word.

In my oppinion, revolution is what it takes - but that is as unrealistic as everything else. Awakening, public awereness is the key. And that's where Mr. Icke makes it so damn hard.

If you beliueve in his message, then i dare u to spread it to 10 random people and check out the awekening.

I agree with you there has to be massive awakening as you say, ALL FOR THAT.

I suppose it can be done
1) having information everyonne, or most can agree upon
2) that slowly sink into people's concience and unconcious mind
3) This takes time, it doesn't happen over night
4) Once violence comes to attack people, they will unite and move to a solution to a common problem, because it has become a COMMON CAUSE,
something that was not seen like that before
5)waking people up with words. through internet, videos, books on the subject, is the intellectual phase, having the information get to everyone.

So when things DO happen, their mind will comprehend and will know what they are dealing with, IT IS A PROCESS of understanding and unlearning what they have been brainwashed for so long.

Once the majority of the people agree on this, and that time will come,
the illuminati will not be able to do anything against the many, at least not through pertuation.

I read somewhere in this Forum by Logical Bomb , that hackers can overthrow
the NWO, since the Illuminati are using technology against all of us, and it can also be used against them, look her up it is worth reading it. Smartest opinion I have seen up to now.

I grant you the thing about the English having to leave India because of the Indian Population outnumbering them and couldn't do anything.

Rebelion is what it takes, being a Rebel, revolutions have never triumphed
because it is still a matter of power, Russian revolutions or any,
it is mere administration of power, by another ideology, that finally ends up being the same stuff, although not at the beginning, but after some time get into the same corruption. A rebel is not part of the Matrix, and cannot be thrown and labeled, that is why Illuminatis are so afraid of individuals, sheep they can control, not individuals who think by themselves that gives them headaches. so as the saying from the East goes :"Be of this world , but not of it".

But as you say PUBLIC AWARENESS IS THE KEY, couldn't agree more with you in that point. The most important one.

I agree that the Illuminati control the Cash and ALL the institutions, that's a fact. But they DON'T control all the people in the institutions, some, but not all, if awareness comes to them, the Illuminati will have lost their power to convince and persuade through fear.

Not much time is left, that we all know.

INFINITE LOVE TO YOU:)

chandrakavi
30-07-2007, 06:46 AM
It's interesting this was supposed to be a thread on the AMERO, but went into these other subjects which are just as important. How they plan to carry about the NWO world currency, already being done is also very important.

Remember their motto: "I don't care who makes the laws as long as I control the money"

So the law can also be bought, eh?:cool:



The Amero will probably happen within 5 to 6 years, the economy has always been in their hands.

A world government for ALL not just a FEW politicians gready for money and power would be quite a diferent thing.

If the yare the ones making the money rules, then the most important decisions have never been in our hands to make. This would happen anyway,.

But they do need us, they need slaves for them, if they can't have them none of their plans would work, this is like the saying of the 60's:
"suppose there was a war and nobody came to fight?":D
That's just it. They are counting on the masses. If they don't show up for work world-wide, nothing would work, and would have to do things to please the people, so the people would say: "wow, they are very nice!
maybe I was wrong!:p Don't be misled, these guys have their minds made up, and will not change a single inch of their plans.:(

Pass the word about their plans of World Domination.
:mad:

tinmenace
30-07-2007, 01:06 PM
Yeah and history shows that if you sit around doing nothing the agenda, fascist, communist neocon or whatever will roll u over..

What do you mean?

umbrex
30-07-2007, 02:04 PM
What do you mean?

My impression is, that the idea mr. icke - and alot on this site are promoting, is to do nothing but love one another, focusing their energies on bringing down the kabal. I believe that his view is naive at the very least and will only lead to the ultimate demise.

And instead of spreading counter propaganda or trying to find out what was going on in the past, societies have ridden the wave untill they themselves have been engulfed and not realized the corruption untill it was to late. You could say your riding the current wave of love, which wont really have an effect in society in general vs. NWO.
There is so much more than an occult perspective in this.

kblood
31-07-2007, 01:37 AM
My impression is, that the idea mr. icke - and alot on this site are promoting, is to do nothing but love one another, focusing their energies on bringing down the kabal. I believe that his view is naive at the very least and will only lead to the ultimate demise.

And instead of spreading counter propaganda or trying to find out what was going on in the past, societies have ridden the wave untill they themselves have been engulfed and not realized the corruption untill it was to late. You could say your riding the current wave of love, which wont really have an effect in society in general vs. NWO.
There is so much more than an occult perspective in this.

In some ways I agree with you on this Umbrex, but I for one have tried changing the world with actions. I have tried to fight crimed by confronting those doing crime and tell them that its a bad idea, or sometimes actuall stopping them. Still it is much more powerfull to change several peoples point of view, like David Icke is doing. If we are or when we are fighting something like Illuminati, the use of spiritual higher powers and words, are much more powerfull weapons than you realise.

I would like to prove to the world what we are capable of when we actually use our spiritual powers and the senses that go beyond the normal 5, but it isnt exactly simple. Also the power is kinda addicting, and the saying that power corrupts is true. So I try to live life without using all these senses we might not even be meant to use already anyway. It makes life easier anyway. If needed, I still do whatever I can though to make for the best outcome of a situation, if it seems needed.

chandrakavi
31-07-2007, 08:03 AM
In some ways I agree with you on this Umbrex, but I for one have tried changing the world with actions. I have tried to fight crimed by confronting those doing crime and tell them that its a bad idea, or sometimes actuall stopping them. Still it is much more powerfull to change several peoples point of view, like David Icke is doing. If we are or when we are fighting something like Illuminati, the use of spiritual higher powers and words, are much more powerfull weapons than you realise.

I would like to prove to the world what we are capable of when we actually use our spiritual powers and the senses that go beyond the normal 5, but it isnt exactly simple. Also the power is kinda addicting, and the saying that power corrupts is true. So I try to live life without using all these senses we might not even be meant to use already anyway. It makes life easier anyway. If needed, I still do whatever I can though to make for the best outcome of a situation, if it seems needed.

Besides being practical, if everyone is transformed,
the world will change. People have TO BE EDUCATED
you're absolutly right!

synergy777
15-08-2007, 11:18 AM
http://www.rense.com/general77/ben.htm


Helicopter Ben Unleashes
Dollar Hyperinflation
By Webster G. Tarpley
8-12-7

FED ATTEMPTS TO BAIL OUT BANKRUPT WALL STREET SPECULATORS; CHENEY DEMANDS STAGED TERROR ATTACKS, WAR WITH IRAN

Washington DC * August 12, 2007 * By deciding to ante up $38 billion for a hopeless bailout of predatory Wall Street hedge funds and the banks that stand behind them, Federal Reserve Chairman Helicopter Ben Bernanke has placed the bankrupt US dollar on a direct course towards the precipice of hyperinflation. In so doing, he has given new momentum to the backers and controllers of Dick Cheney, who favor an insane flight forward into general war with Iran, deluding themselves that they can thus escape from both military defeat in Iraq and Afghanistan, and from the death agony of the dollar.

On August 9-10, the European Central Bank, the Bank of Japan, the Federal Reserve, plus the central banks of Australia, Norway, Switzerland, and other countries "injected" the equivalent about a third of a trillion dollars ($325 billion) into the money systems of the world. The Bank of Japan handed out a dramatic ¥ 1 trillion, about $8.5 billion. The European Central Bank showed signs of panic, or of realism, by spewing out about ¤ 160 billion over two days. Their goal was to stave off a spreading panic at bond trading desks and in the capital markets of the world about junk bonds, collateralized debt obligations (CDOS), mortgage backed securities, and other paper debt instruments. At about 9 AM on Friday August 10, the Chicago futures markets suggested that the Dow Jones Industrial average would open down about 190 points. That meant the potential for spreading stock market panic, with the DJIA closing down 1,000 to 2,000 points or more by the end of the day, quite possibly pitching more banks and hedge funds into bankruptcy. Such an event would also tend to awaken the US middle class to the fact that their 401 (K) and IRA pension plans were being liquidated. This would make the financial crisis a political crisis as well, and perhaps stoke the fires of impeachment. Helicopter Ben therefore followed his predecessor, Bubbles Greenspan, on the path of bailout, although on a larger scale than what Greenspan had ever attempted in public. Bernanke and the New York Fed bought up $38 billion of toxic mortgage-backed securities from the principal hyenas of Wall Street -- led, we can be sure, by Goldman Sachs, Bear Stearns, Lehman Brothers, J.P. Morgan Chase, Merrill Lynch, and Citibank. For bailout purposes, the banks were given a sweetheart interest rate, just 4%, less than the 5.25% target Fed funds rate used for interbank lending, and much less than the 6.25% the Fed requires from banks coming to its own discount window under normal circumstances. The $38 billion, injected in three doses during the course of the day, in addition to other Fed measures, was almost enough to prop the market up for eight hours * the Dow closed with a loss of 31 points. So the central banks will need to provide more fixes, sooner rather than later.

As Alan Greenspan instructed Bill Clinton when the latter took office, the bond market, also referred to as the capital or credit market, is much more important than the stock market in the current US-UK financial system. Right now not just dubious junk bonds and mortgage-backed securities, but even the classic triple A investment grade corporate bonds, are in great distress. Indeed, the bond market has partially shut down in response to the crisis. This is far more serious than a mere stock market crash, such as the one of October 1987.

The Bank of England has said nothing about injections, and is poised to raise its interest rates once again, putting additional pressure on the dollar by tempting hot money to flee out of Wall Street to London. The British may well figure that when the battered US greenback goes under, the British pound sterling will remain afloat, and benefit from the US shipwreck. London has in any case already replaced New York as the real financial capital of the world; this has been a strategic priority for Gordon Brown for some years.

WALL STREET DERIVATIVES MONSTERS * TOO BIG TO BAIL OUT

It would take more than $38 billion to bail out Goldman, Bear, Merrill, and the rest. The bonds of the firms just mentioned are already rated as high-risk junk. The Wall Street banks and investment banks represent a black hole into which literally trillions of dollars could disappear without a trace * it is enough to cite the derivatives holdings of JP Morgan Chase and Citibank, who are listed in the spring 2007 report of the Controller of the Currency as having $105 trillion in derivatives between them, and the reality is a multiple of that. In addition, there is fear of the unknown. This past week traders from Rick Santelli in Chicago to London stock touts have reported that a large financial entity * something probably bigger than Goldman Sachs * has been selling off a portfolio of some $10 to $15 billion in value. No one has said publicly what this entity is, or what this "unprecedented event" might represent. A few days ago, oil hit an all-time high of $78 per barrel. It then fell back 10%, because so much of the price of oil * at least $30 at present levels * is pure hedge fund speculation. And these hedge funds, as they near bankruptcy, massively sell off oil futures. Gold has taken some nasty dips for the same reason.

DOW 36,000 IN SIGHT * THANKS TO HYPERINFLATION

In 1998, neocon economic commentator James Glassman got some attention by predicting a steady rise to Dow 36,000. Now, Glassman mat get his wish * THANKS TO hyperinflation. If the central banks continue to "inject" tens of billions of dollars every day, while secretly buying masses of worthless kited paper from banks and investment banks, we may soon experience a fool's paradise interlude which to some will look like recovery * after all, the stock market may appear to be rising. But watch the prices for milk, other food items, gasoline, and other staples. If they begin to levitate upward, we will know that the fan and bellows of hyperinflation are indeed at work.

Helicopter Ben earned his name some years ago by giving a speech in which he said that he could stop a panic from becoming a depression by dumping bales of dollars out of helicopters to provide stimulus. He has thus always had a hyperinflationary overtone. On Tuesday, August 7, Bernanke presided over a Fed meeting that refused to cut interest rates, and also failed to offer the bankrupt speculators words of assurance that they would be assisted. This was followed two days later by a panicked selloff, with the DJIA down 387 points.

DEATH AGONY OF THE US DOLLAR

These events represent a new phase of the death agony of the US dollar, which has been in decline since about the start of the Iraq war, and has gone from 80 cents to buy a euro to almost $1.40. Knowing that the dollar is a wasting asset, and also because of widespread hatred for Bush, everyone in the world has been attempting to dump the dollar in any way possible. Russia has set up a ruble-based trading system where oil, gold, and grain can be bought; they don't take American Express. Iran tried to set up a euro-denominated oil market, but has been prevented from starting it because of US-ordered UN sanctions and related economic warfare. But Iran has asked Japan to pay for its oil with yen, not with dollars. Brazil and Argentina have eliminated the dollar in their bilateral trade. Many European oil companies have eliminated the dollar from their international operations. Every time the dollar is cut out of a lucrative commodity flow, Wall Street and the London Eurodollar market lose the ability to skim 5% to 10% off the top of these transactions in the form of financing, banking services, and fees.

NO MORE ZERO INTEREST LOANS FROM TOKYO

For the past five years, the dollar has enjoyed massive support from the Bank of Japan's zero interest rate policy. This allowed hedge funds to load up with free money in Tokyo and transform those yen into dollars to use in speculating in US markets. This created a constant demand for dollars, and also tempted hot money away from Tokyo into high-risk, high-yield investments elsewhere, a practice known as the yen carry trade. But this so-called yen carry trade is ending: the Bank of Japan has now raised its rate to 0.5%, and is set to hike it again this month. This has played havoc with so-called emerging markets for more than a year. The main advocate for the weak yen, my college classmate Hiroshi Watanabe, was ousted from the Bank of Japan some weeks ago. As the yen gets stronger, meaning as it goes from 118 to 117 to 115 to 110 on the television screen, the huge mass of kited loans becomes harder and harder for the US borrowers to pay back, since the yen has become more expensive. Therefore any fall in the dollar in relation to the yen will result in chain reaction bankruptcies among the US firms which went overboard with yen carry trade loans.

This danger is very real. The dollar has been very weak against the yen lately. In fact, the dollar has been very weak in general, falling to an all-time low of almost $1.40 to a euro, and a 26-year low of about $2.05 to a British pound. There has also been a long-term low against the Canadian dollar. Given that the US trade deficit is approaching $1 trillion, this cannot come as a surprise.

All of this represented the background to Helicopter Ben's dilemma of the past two weeks. If he kept interest rates and money supply at their current levels, the subprime mortgage crisis would spread to all non-Treasury bonds and paper, blowing out the bond market. If he lowers interest rates, the dollar will fall like a stone, and the yen carry trade hangover will sink the Wall Street banks. If he raises interest rates to save the dollar, the banks go bankrupt anyway because of the contagion from the collapsing mortgage bubble. For a time it seemed as if Fannie Mae and Freddie Mac, quasi-governmental institutions which deal in mortgage-backed securities, would be used to bail out bankrupt mortgage-backed paper by buying it up, with the taxpayer ultimately left holding the bag. (Fannie and Freddie participate to some extent in the "full faith and credit" guarantee that covers Treasury bonds.) But Fannie and Freddie are already deeply troubled institutions, as the early stages of the bubble collapse have already revealed. Using them for a bailout is being blocked by the Bush White House. That leaves Helicopter Ben with the option of directly monetizing debt * taking in Wall Street's bankrupt mortgage paper and paying out dollar bills in return. He took the first step towards doing just that this past Friday morning.

PANIC DUMPING OF DOLLAR AND HYPERINFLATION LOOM

The Fed measures taken so far have sharply increased the money supply, making the dollar even weaker. Wall Street is clamoring for an emergency rate cut of one half percent or even one full percent as early as next week. If this is done, the dollar will surely take a spectacular dive. Fed boss Paul Volcker was always haunted by the fear of a sickening slide of the dollar which, once begun, would be impossible to stop. Depending on what Bernanke does, we may now be near such a point. In the present situation, a dollar panic is always latent. Scenarios have long circulated about a young MBA manager in Kuala Lumpur or Taipei who comes into the office one morning and decides that his central bank is holding just a few too many dollars. He orders that a hundred million or so be sold. This generates a rumor that the dollar is being dumped by the country in question. A panicked rush for the exits begins. Central banks join the stampede. Country after country begins dumping its dollars and its US Treasury securities. By the time the wave reaches the US, the dollar is down to 30% of its value the previous day, and the Treasury market is in chaos. Volcker may yet live to see his nightmare become reality, in a time-lapse sequence.

As I show in Surviving the Cataclysm, the German hyperinflation of 1923 peaked at a rate of 4.2 trillion paper marks to a US dollar. The main cause of this hyperinflation was the British and French policy of driving down the mark to create economic chaos and prevent Walter Rathenau's German-Russian Rapallo alliance. But the main point for our present purposes is that the mark was ruined first and foremost by its international exchange rate. We too may be headed into an era when shoppers take their dollars to the supermarket in a shopping cart, and bring their purchases home in their pockets. This is especially so since today everything in the US except for certain food items is imported from low wage sweatshops abroad. If the dollar collapses, hyperinflation will result all the more readily, since such a large part of the consumer's market basket is composed of imports. If Bernanke had been intelligent, he would have silently bailed out the two Bear Stearns hedge funds back in June, effectively suppressing the issue, and steering clear of a much larger crisis. He is reviled in Wall Street for not doing this. Given this track record of weakness and incompetence, Bernanke now appears likely to try to quiet the clamor of Wall Street for easy money. His nickname will truly be an omen of hyperinflation.

Another wrinkle in the scenario is that Bush and the Democratic Congress are already on a collision course over spending, with Bush demanding draconian spending cuts which never occurred to him while the GOP ruled Capitol Hill; the goal is to weaken the Democrats with their own key constituencies, who are demanding some largesse from the new majority. Senator Schumer has signaled that he wants to bail out mortgage paper, meaning that he wants to save Bear Stearns and Goldman Sachs. Bush is adamant that there will be no bailout. An irrepressible conflict is therefore more than likely. We have seen how Bush dealt with Iraq, and then with Katrina. Now we are seeing how he deals with a financial breakdown crisis.

THE PAULSON-BERNANKE PLUNGE PROTECTION TEAM IN ACTION

The $38 billion is outrageous, but it is not all that the Fed was doing for the wealthy parasites of Wall Street. Since about 1989, the Fed has funded a shadowy organism called the President's Working Group on Financial Markets, more popularly known as the plunge protection team or PPT. This entity intervenes every day to prop up Wall Street's speculative house of cards. The PPT buys stock futures in Chicago with the goal up updrafting stock prices in New York. As long as the PPT can keep the price of the Chicago future above the price of the underlying stock on the NYSE, speculators and program traders will sell the future and buy the stock, accomplishing the PPT's goal of generating totally fictitious demand and preventing gaping market breaks where there is simply no bid for stocks offered. A few billion of futures buying in Chicago can generate tens of billions of buying in New York * especially when the operation is signaled by Wall Street figures known to be de facto spokespersons for the PPT, such as Abby Joseph Cohen of Goldman Sachs. Once speculators know the PPT is moving in, they can pile on the bandwagon, and realize nifty short-term gains before selling to the suckers before the next dip. Hundreds of billions of dollars of Fed money have been committed in this way. Whenever you see a sharp rise of the DJIA right before the close based on no news, you can be sure that the PPT is in action. The PPT is basically illegal, but it may have been authorized by secret presidential executive orders, starting under Bush senior and Clinton. Today, Bush would justify it as a war measure to maintain orderly markets.

One of the first published descriptions of what is now called the PPT appeared in my George Bush: The Unauthorized Biography (1992). In the wake of 9/11, accounts in the corporate press boasted of the protection that the PPT was giving small investors. Since then, discussion of the PPT has largely been banished to the Yahoo Finance message boards of stocks like JPM, C, GS, BSC, WM, LEH, MS, and other financial institutions. Journalists beholden to the financier oligarchy never mention the PPT. On CNBC, ham-handed interventions by the PPT are nervously explained away as "bargain hunters" or "small investors making a stand." Most recently, Gary Dorsch has contributed a detailed study of the PPT entitled "The 'Plunge Protection Team' Working Overtime," Global Money Trends Magazine, August 9, 2007.

The panic had started in mid-June, when two hedge funds controlled by Bear Stearns, the sleazy sixth-ranked investment bank in Wall Street, had disintegrated. First it was announced that the hedge fund investors would get fifty cents on the dollar. Then they were told they would get nothing. In spite of this, the DJIA hit an all-time record at 14,000 and a fraction on July 20, although only with a big push from the PPT. "The entire capital structure from equity all the way to AAA can go to nothing," Steve Eisman, a portfolio manager at Front Point Partners, told a July 19 conference call on the subprime mortgage debacle, according to the New York Times. By July 26-27, triple digit dives of the DJIA had become the order of the day, as rumors swirled about Bear and Goldman. Soon it became known that investors in a third Bear hedge fund were being told that they could not withdraw their money.

SYSTEMIC BREAKDOWN CRISIS

In Surviving the Cataclysm, my 1999 study of the world financial crisis, I developed the distinction between collapse and disintegration. A collapse can be very serious, like the Wall Street crash of 1929. Prices plummet, but the exchange still remains open for business. Disintegration is much more serious, like the British default of September 1931 that swept away the only monetary system the world had in those days, or the German hyperinflation of 1923, which wiped out the entire German middle class. The US crash of 1987 was a classic collapse, and it was followed by a short recovery of sorts. What is happening today looks much more like disintegration, meaning that credit markets, including bond and junk bond markets, have partly ceased to function as far as non-government securities are concerned.

The discredited Bush Administration has counted for very little in this crisis. Treasury Secretary Hank Paulson, a Goldman Sachs insider, said in the early phases of the panic that the subprime crisis was "contained." At a later point Bush commented that he had been told that there was a "soft landing" ahead. The only thing that Bush was sure of was that there should be "no bailout" * and this is now the Republican line, no matter how many ordinary families were thrown out on the streets. As for the financiers, they get their bailouts through the corrupt Federal Reserve.

NOT JUST ONE BANKRUPT HEDGE FUND, BUT TWO DOZEN -- FOR STARTERS

Back in September 1998, at the time of the Russian state bankruptcy around bonds called GKOs, Long Term Capital Management (LTCM), a Connecticut hedge fund, went bankrupt, blowing a hole of several hundred billion dollars in the world banking system. LTCM used high leverage and the Black-Scholes model to place gigantic bets on currency movements. If Greenspan had not rushed in with billions of Fed money to carry out a back-door crony bailout, the interbank clearing systems of the US, UK, and perhaps Japan * known as CHIPS, CHAPS, and BoJ Net, would have jammed up, and the hearts of the financier universe would have ceased to beat, leading swiftly to world economic chaos and depression. But this time it is not one LTCM, but two dozen highly-leveraged hedge funds which have blown up or are about to. Prominent among them are the so-called quant funds, which bet $10 billion and up on financial fluctuations using computerized predictive models. Prominent among these is Renaissance. The quants complain that their models, which are supposed to incorporate 45 years of market history and experience, are now failing to forecast what will happen next, and losses are mounting. The reason is that we have now encountered a cataclysmic singularity which has not been seen in more than half a century * the beginning of the end of the US dollar. To find a financial earthquake comparable to the present one touching the leading currency of the world, we must in fact go back to the disintegration of the British pound in September, 1931.

In recent days, reality has filtered through, even on CNBC. Commentators have warned of "systemic risk if a big bank blows," "the end of the world," "depression," "Armageddon," "panic," "the Hindenburg" (the dirigible, not the signal), "a return to 1990" (when Citibank was bankrupt and secretly seized by the Controller of the Currency), the crash of 1987, the hedge fund crisis of 1998, and a "credit crunch." "Bond traders are afraid." "Wall Street is afraid." Led by Jim Cramer with his celebrated on-air psychotic episode on the afternoon of Friday, August 3, Wall Street has been heaping insults on Helicopter Ben and demanding that he open the cash spigots, cut the fed funds and discount rates drastically and quickly, and reassure the stockjobbers that back door crony bailouts will be available for all, starting with the too big to fail, like JP Morgan Chase and Citibank.

THE TIP OF THE ICEBERG: FINANCIAL INSTITUTIONS IN TROUBLE

3 Bear Stearns hedge funds

3 BNP Parisbas funds

3 Goldman Sachs funds: Global Alpha, North American Equity Opportunities, North American Equity Opportunities

Sowood hedge fund * absorbed by Citadel to mask impact

Bowa Commercial Bank, Taiwan * seized by regulators

Renaissance (quant)

Luminent

Westdeutsche Landesbank hedge fund

IKB Industriebank, Germany

Deutsche Bank ABS hedge fund

AQR Capital Management (quant)

Washington Mutual

Countrywide

American Home Mortgage

Basis Capital

Absolute Capital

Macquarie Bank of Australia

Homebanc

Man Group (UK)

HOW TO STOP THE DEPRESSION

What needs to be done first of all is the commitment that not one nickel of public funds should be spent on bailing out bankrupt and panic-stricken junk bonds and other paper. The US needs a uniform federal law stating quite simply that, unless and until the president can certify that the current world financial crisis has been overcome, any and all foreclosures on homes, farms, businesses, hospitals, and infrastructure are banned. This would be accompanied by a debt freeze or debt moratorium on payment of principal and interest, again for the entire duration of the crisis. Something similar was done in the New Deal. The interests of bankrupt banks and mortgage lenders must yield to the social imperative of not evicting 10 or 15 million people over the coming months. No bailout of the financiers. Just a law that stops foreclosures, and lets the financiers, not the people, fend for themselves.

A federal ban on foreclosures is obviously a measure in the New Deal tradition. A monetarist follower of Milton Friedman or von Hayek, by contrast, would say that the homeowners who default should be thrown into the street, so that the market can work. A Malthusian might care only about the carbon footprint of the homes involved. A mexophobe would rant that illegal aliens might get some of the money. In this wasteland of ideas, the New Deal approach emerges as the only one consistent with human life and human civilization in such a crisis.

Republican Ron Paul, interviewed on August 10 after the close by the infamous Kudlow, blamed the credit market panic on interest rates which had been too low. Paul should recall that any interest rates above 5%, as charged on these mortgages, are historically very high. (During World War II, for example, successful New Deal policies allowed a typical 2% yield for a 10-year Treasury note, with other rates in line with that.) Paul was adamant that there be no bailout, but did not distinguish between help for ordinary people facing foreclosure and eviction on the one hand, and bailouts for predatory financier sharks on the other. His only advice was to "let the market liquidate bad debt and bad investment" * which, under current conditions, will mean that more than 10 million people will be thrown out on the street during the next few months. One hears an echo of monetarist Andrew Mellon, Herbert Hoover's Secretary of the Treasury, whose advice on how to deal with the Great Depression was "Liquidate labor, liquidate stocks, liquidate real estate." Those on the receiving end of such "creative destruction," as Schumpeter called it, have generally lost their enthusiasm for monetarism.

Paul mocked warnings that "poor people are losing their homes" * a sadly Dickensian moment, since that is just what is happening to ten million Americans. When asked how much he would like to cut federal spending, Paul said that under his presidency it would come down by "50-60-70%" * figures which seem to bode ill for the future of Social Security, Medicare, Medicaid, food stamps, unemployment insurance, WIC, Head Start, S-CHIP (medical care for poor children), TANF (what is left of welfare for mothers with dependent children), and other programs which keep many Americans alive. The Republican line from Giuliani to Paul is that these institutions are part of the hated "nanny state." When asked for specifics about what he would cut, Paul mentioned the abolition of the Department of Education, a favorite target of Republicans. Does that include Pell grants and federal support for subsidized Stafford loans, which are the only way the ghetto poor and much of the middle class can hope to send their children to college? No help here for victims of the current economic breakdown crisis, but Kudlow said that this approach would be well received on Wall Street..

GOPer Ron Paul has said that he admires the late Ohio Senator Robert Taft, "Mr. Republican," who was like many in his family a member of Skull and Bones. One wonders if this admiration includes Taft's sponsorship of the infamous union-busting Taft-Hartley Act, which has allowed many southern states to effectively block union organizing with so-called "right to work" laws, thus greatly facilitating the demolition of the US labor movement over recent decades. Taft-Hartley has been the key to the race to the bottom in wages and working conditions in this country. It should be repealed and replaced with a modern version of the pro-labor Wagner Act, which made it easier for workers to organize, bargain collectively, and defend themselves. Repeal of Taft-Hartley would be a first step towards rolling back the low-wage Walmart-McDonalds model for the US economy.

THE UPTICK RULE OF 1934 ABOLISHED * JUST IN TIME FOR THE PANIC

In an irony of history, traders in the Chicago futures pits have been complaining to CNBC about the abolition only a few weeks ago of the 1934 New Deal era rule which had required short sellers to wait for an uptick in the stock they were targeting before they could complete their trade. The rule change had produced disruptions and uncertainty, the trader complained on CNBC. The New Deal rule, one of the final vestiges the regulations introduced after the Great Crash of 1929, was one of the last factors saving today's finance oligarchs from themselves. Once the uptick rule was gone, the death agony of the current system entered a new phase.

WORLDWIDE ASSET BUBBLE

Tiresome commentators have been prating on ad nauseam about the unprecedented world-wide boom. What we have in fact been witnessing since Bush's attack on Iraq has been a world asset bubble, benefiting derivatives, hedge funds, stock and real estate speculation, junk bonds, and other paper instruments. In the real world, 2 billion people, a third of the world, have to get by on less than $2 per day. Some 40,000 human beings per day do not make it, and succumb to starvation, malnutrition, or diseases like dysentery and diarrhea which can be cured for pennies. Under almost two decades of globalization, this situation has been getting worse, not better. That is the big picture from which all real analysis must start. As for the United States, the living standard has fallen by about 65% since the beginning of the current reactionary political cycle with the coming of Nixon in 1968. The US is currently running a merchandise trade deficit of between $800 and $900 billion, heading for a trillion dollars per year soon. This means that the US has to borrow more than $2 billion per day just to keep sucking in food, consumer electronics, and services from the rest of the world. The foreign dollar overhang is enormous: about $1 trillion each in Japan, China, and Saudi Arabia, who now in effect hold a mortgage on the USA.

On top of all this, the US is already thoroughly de-industrialized. Steel, chemical, and auto are now a shadow of their former selves. Industrial employment has dropped to the lowest levels in well over a century. The US industrial economy ended when Volcker ran the Federal Reserve and instituted a 22% prime rate in 1978-1980. As the dollar falls, we will hear commentators assuring the public that a collapsed currency will mean that US exports are cheap. The problem is that there are almost no factories left to produce anything that might be exported, so these benefits cannot accrue.

THE COLLAPSE OF AUTO AT THE ROOT OF TODAY'S CRISIS

The big event, the great economic watershed of the last two years, has been the demolition of the auto industry, the heart of the US postwar economy. Not just the Big Three have been hit hard, but also suppliers like Delphi, Lear Corp., Tower, and Collins & Aikman have been gutted by predators like Cerberus and Wilbur Ross. During the Bush years, 300,000 industrial jobs have been lost in auto. But the tragedy does not stop here. As the Minneapolis bridge collapse tragedy, the New York steam pipe explosion, and the Utah mine disaster remind us, this is an economy approaching the point of actual physical breakdown, that is to say of thermodynamic collapse. The interstate highway system with its bridges and tunnels is in ruins. Freight rail, passenger rail, and commuter rail are junk heaps. The electricity grid goes into brownouts and blackouts on hot summer days. Commercial aviation has passed beyond the breaking point. Water systems, from the Mississippi levees of Katrina to the cryptosporidium-laced water of Washington DC, are appalling. There is a deficit of about 1,000 modern hospitals in rural American and in the inner cities, but viable hospitals are being shut down all the time because of predatory financier incursions *closing that need to be stopped in their tracks by that federal law forbidding foreclosures, however camouflaged. This is an economy decades deep in post-industrial rot, running an infrastructure deficit of $10 trillion and probably much more. The private sector has already struck out, as in the case of the high-toll Dulles Greenway near Washington DC during the 1990s, and in the looting of the fixed capital of the freight rail system by predatory management. What is to be done? Let the venture privateers build the Trans-Texas corridor? Call in the hedge fund vultures and privatize the Indiana turnpike, guaranteeing only that money will be siphoned off the pay greedy venture capitalists located based abroad? Tell people they should walk or use bicycles? Or take the New Deal approach, which would rebuild infrastructure with thirty-year 2% loans from a special window at the nationalized Fourth Bank of the United States, the former Federal Reserve. This would include giving every US city a comprehensive urban mass transit-interurban train system with the goal of saving the billions of man hours lost to traffic jams and road rage, while taking perhaps one third of cars off the roads during rush hours by offering an attractive commuting alternative.

BREAKDOWN STAGE OF GLOBALIZATION

Under the globalization of the 1990s, the system lurched from one brush with systemic crisis to the next * the Mexico and Orange County crisis of 1994 was a typical example. In 1998, when the globalized system threatened to implode because of the LTCM and Russian GKO crises, Greenspan began citing the danger, not of systemic breakdown, but rather of the Y2K computer glitch, which might cause viable banks and firms to appear bankrupt. Greenspan therefore cranked up the printing presses and flooded the gutters of Wall Street with sloshing liquidity. When Brazil was about to go bankrupt in 1999, Soros demanded a "wall of money," and he got it. The result of all this was the dot com bubble of 1999-2000; the dot communists went belly up starting in the spring of 2000. The dot com-heavy NASDAQ lost 80% of its value. Greenspan responded to this with a new bubble, this time in housing and real estate. As home prices went into the ionosphere and adjustable rate mortgages and interest-only mortgages were given to applicants of the most modest means, Greenspan celebrated the "wealth effect," meaning that home owners were now supposed to take out a second mortgage (or home equity loan) on the additional value of their property, and then spend that extra money in the stock market. The housing bubble got going in earnest with Bush's attack on Iraq in March 2003, and expanded home ownership was a favorite Republican theme in the 2004 elections.

The Wall Street-London casino economy of hedge funds, derivatives, and pure speculation may sometimes seem to be a separate and self-contained universe, but it is not. It ultimately depends on income flows which have to be derived from the real productive and physical economy of the world * that is to say, from manufacturing, farming, mining or other production somewhere. Finance oligarchs do not like to be reminded of this, but every few decades a depression or even a breakdown crisis comes calling to remind them of this basic fact. Contrary to what is said on CNBC, the US economy is not sound, and the debt-strapped US consumer has indeed reached the end of the line.

THE FOUR TRILLION DOLLAR HEDGE FUND BUYOUT ORGY OF 2006

Under Bush, with figures like White and Paulson at the Treasury, Wall Street has forgotten what productive investment in new plant and equipment even looks like. Millions of jobs have been lost to the runaway shop under the auspices of free trade swindles NAFTA, CAFTA, GATT, and WTO. Under the reign of these financial parasites, we have witnessed an unprecedented boom in leveraged buyout deals, where one group of corsairs used junk bonds to take over an existing company, often firing many of the employees, cutting the wages and increasing the hours of those who remain, introducing speedup, busting unions, terminating health care, selling off parts of the business, and leaving what is left groaning under the burden of crushing debt which has not added anything to technology or other capabilities, but has lined the pockets of Wall Street lawyers and investment bankers. These deals are a microcosm of what is wrong with US vulture capitalism today: paper wealth for a few gluttons of privilege is maximized, while jobs, wages, working conditions, and productive output in the real economy are mercilessly driven down. Leveraged buyouts and junk bonds need to be outlawed as a public menace. When Wall Street begs for aid in the coming months, don't forget that they were the ones who for years applauded every time American workers were fired by a leveraged buyout (LBO) pirate.

Since paper profits are no longer invested in anything productive, they flow into these leveraged buyout deals, often called private capital transactions. The peak of this activity came in 2006, when there were $4 trillion in mergers and acquisitions, with $1 trillion of straight leveraged buyout deals. About $500 billion of this frenzy came in December 2006, setting the stage for 2007 to become the crisis year it has now become. Every LBO or private equity or private capital deal means fewer jobs, lower wages, less buying power, and thus, most to the point, less ability to keep up with mortgage payments. This problem was escalated by the takeover of many of the subcontractors and parts suppliers of the auto industry by predator hedge funds during 2005-2006. It got even worse when battered Chrysler was sold by Daimler Benz to the Cerberus Fund, aptly named after the hound of hell. As the collapse and looting of auto rippled through the economy, the income flows on which the sustenance of the mortgage bubble depended were severely constricted, leading to the current panic.

CONTRACTION IN REAL ECONOMIC ACTIVITY IN THE USA

Thirty-six years ago this week, on August 15, 1971, President Nixon ended gold settlement among nations and fixed currency parities, and thus pulled the plug on the Bretton Woods world monetary system, the most successful world currency arrangement that the world has ever known. Nixon was responding to British demands for gold payment. Among many crimes, this was Nixon's greatest. Since then, world economic growth has gone negative, into reverse, with net world deindustrialization in the US, the former USSR, eastern Europe, the UK, the EU, and elsewhere. (Only China, partially outside the system, represents a consistent exception.) During all these years, the London-New York financiers have been concerned to keep political power in their own hands by engineering a gradual decline or "soft landing," treating the US population like the frog in the pot of water which is slowly brought to a boil. The key to this has been the looting of underdeveloped countries to keep the homeland stupefied and inert. In all these years, the big question has been about The Contraction * that is to say, about the moment when events like the 1987 stock market and dollar crash, the 1990 banking crisis, or the 1998 hedge fund debacle would begin to translate into mass layoffs, business shutdowns, economic disruptions, Hoovervilles, and bread lines inside the US itself. This is what happened over 1930, as the US descended into the Great Depression. It appears to be happening right now.

HARBINGERS: FREIGHT CAR LOADINGS DOWN 4.2%; TRUCKLOAD VOLUME DOWN 5%

It would appear that the point of Contraction has been reached in the first months of 2007, and that the real or physically productive economy has been in marked decline for some time. This is also the opinion of Richard C. Cook. It is hopeless to rely on the cooked figures of the Bush administration, the most notorious liars of the age. Private associations may well be more accurate. One obvious data series for measuring real economic activity is freight car loadings and trucking ton-miles, which few hedge fund operators have ever heard of. But these real-world physical units are a useful way of estimating overall levels of real economic activity, as distinct from total derivatives held by banks and other measures based on toxic paper.

According to the American Trucking Associations, "the truckload industry started 2007 poorly as seasonally adjusted (SA) volumes plummeted 5.0 percent from December. This was the largest monthly decrease since a 6.5 percent drop in February 2000.Compared to January 2006, the total SA loads index was off 2.3%, which was the first year over year contraction since July 2006." (American Trucking Associations, Trucking Activity Report, 15:3 (March 2007). The same tendency was confirmed several months later by the Association of American Railroads, which announced that for the week ending April 28, weekly rail car loadings were down 1.7% and intermodal units were down 5.6%, both compared to the same week a year before. For the first 17 weeks of 2007, rail car loadings were down a cumulative 4.2%, while intermodal trailers were down 11.5% (Dow Jones, May 3, 2007) These are only fragmentary snapshots, but they do provide more than a strong hint that the Contraction is indeed upon us. Are there any economists left who still look at the real, physical economy?

The great question posed by any depression is, who should pay for it? Should working people, the victims, pay by having their wages, working conditions and standard of living driven down even lower than the current minus 65%? Or should it be those responsible -- the economic royalists and financial parasites, the jackals, lampreys, and hyenas of Wall Street -- who are made to disgorge? For any person of good will, the answer is clear. The full program for doing this is discussed in my book Surviving the Cataclysm: Your Guide Through the Worst Financial Crisis in Human History (1999). One more example will suffice.

SLAP A SECURITIES TRANSFER TAX ON WALL STREET

With the New York Stock Exchange churning over 2.5 billion shares per day, and with the VIX volatility index at an all-time high, how might markets be cooled down? One socially useful way to do this would be the Securities Transfer Tax or Tobin tax, a levy of about 1% on the total turnover of securities markets * stocks, bonds, futures, options, derivatives, Treasuries, foreign exchange, and other paper property titles * paid by the seller on each transaction. It is named after Professor James Tobin of Yale University, who originated this idea as a way to discourage rampant speculation in currency markets. It would be eminently fair. Right now the financiers who send trillions of dollars rushing through the markets every day all get an absolutely free ride. By contrast, working people who need to buy clothing, shoes, and school supplies in many states have to pay the odious and regressive sales tax, second only to the ultra-regressive poll tax as the worst tax ever devised. In Maryland the sales tax is 5%, but groceries are exempt. In Virginia, there is a 7% sales tax, and supermarket checkouts are included. In California the sales tax is often 7.75%. If working people have to pay these taxes, why cannot finance oligarchs pay a mere 1% on their speculative activity? The results could be liberating: right now US banks probably hold derivatives, including structured notes, to the tune of some $400 to $500 trillion of notional value. A 1% Securities Transfer Tax would thus produce some $4 to $5 trillion of new revenue * enough to guarantee Social Security into the 22nd century, replenish Medicare and Medicaid, fully fund Head Start and WIC, and begin rebuilding vast sectors of infrastructure to give the US a modern economy, not a post-industrial rubble field. All that is needed is political will.

CREDIT FOR JOBS AND PRODUCTION, NOT FINANCIAL BAILOUTS

The Fed's $38 billion at 4%, if committed for a decade or two, would have been enough to reconvert and retool the dying Detroit automobile industry to produce modern urban mass transit and long-range maglev trains. (Consider than Chrysler was sold to Cerberus recently for a paltry $5 billion.) A hundred thousand industrial jobs could have been secured, and much more. Or, $38 billion would finance a permanent human colony on the moon, with incalculable benefits in the form of technological spin-offs, and honoring Stephen Hawking's prophetic observation that humanity has no future if we do not go into space. The $325 billion wasted worldwide would have been enough to give all of Africa clean water, electricity, and transportation. Instead, that third of a trillion was shoveled into the furnace of the panic to keep the hyenas above water for one more day. The Fed has never lifted a finger to prevent millions of Americans from being thrown out of their homes, but when the malefactors of great wealth, the Wall Street bankers, were threatened, the Fed sprang into action.

NEEDED: CHEAP FEDERAL CREDIT FOR REAL PRODUCTION

At the end of the day, the secret of economic recovery is that the Federal Reserve System is illegal, unconstitutional and a failure. It thus needs to be nationalized at once, and incorporated into the federal government as a bureau of the US Treasury. This means that decisions about interest rates, money supply, relative priorities of full employment or reducing inflation, bailouts or non-bailouts, would have to be made by public laws, debated in election campaigns, passed by the congress, and signed by the president * not decided in secret by unelected and unaccountable cliques of finance oligarchs. The resulting national bank or Fourth Bank of the United States should issue tranches of $1 trillion long-term, low-interest credit from time to time for production for business activity in industry (meaning manufacturing), farming, mining, infrastructure, home building, public construction at Davis-Bacon rates, new productive plant and equipment, new productive jobs with union pay scales, infrastructure of all types, and other areas of tangible, physical production. New schools, hospitals, libraries, and other socially necessary projects should also be funded. But those who want money for any kind of financial speculation, flipping condos, gambling, prostitution, organized crime, narcotics, drug money laundering, pornography, and other sociopathic activities will be cordially invited to take their chances in the free credit market they admire so much. As long as the credit goes only to well-managed productive projects, the loans will be repaid, and revolving credit arrangements will allow these payments to be recycled into a series of additional projects. With these methods, it should be possible to create 4 to 5 million new, productive, jobs per year at union wages, putting an end to decades of monetarist unemployment, underemployment, and despair. Full employment, something most living Americans have never experienced, would be attained within four to five years, and the country returned to the status of a high-wage economy, not a low-wage service economy. As Richard C. Cook says, the essence of New Deal economics is to see credit as a public utility. It is too important to be left to greedy banksters.

The nationalization of the Fed is more feasible now than it was a few months ago. Wall Street is boiling with resentment against Helicopter Ben, partly for his failure to bail out the Bear Stearns hedge funds and other entities silently, through the back door. A cartoon lampooning Helicopter Ben's ineptitude and incompetence has even appeared in the Washington Post, which since the mid-1930s has been the house organ of the Federal Reserve System. (August 11, 2007) In the current crisis, Helicopter Ben may well assume the role of the infamous Brownie of Hurricane Katrina, and this is in fact the theme of the cartoon just mentioned. Helicopter Ben may actually believe some of the monetarist garbage that he has been spouting before his students for so many years. If he does, the damage will be incalculable. The Fed may soon become so hated by wide sectors of the US population, providing the first chance we have had for a serious attack on this illegal institution since the late 1930s.

CHENEY'S THERMONUCLEAR BAILOUT

The disintegration of the dollar system is ultimately one of the strongest factors impelling Cheney's controllers * meaning the George Shultz-Rupert Murdoch faction of the US-UK ruling elite. From Cheney's point of view, an economic depression requires drastic austerity measures to drive the standard of living down even further below its present reduced level, with the proceeds going to the finance oligarchs. Can these cuts in the standard of living be accomplished under the present system? If not, what kind of dictatorship can be used to impose them? This is, after all, the reason the German financiers like Schacht turned to Hitler. The Cheney doctrine calls for a staged terror attack in the US using WMD, followed by an attack on Iran and the declaration of martial law under Bush's many executive orders. As I pointed out on July 21 in my "Cheney Determined to Strike in US with WMD this Summer," there are many signs that the neocon group is driving hard to implement the Cheney doctrine this summer.

Thom Hartmann has reported on Air America that lawmakers with whom he has spoken report that the US intelligence community continues to issue warnings to the Congress that a new terrorist attack is coming. According to one unconfirmed report, a US Senator is reported to have told an impeachment activist that the Democrats could not impeach Bush-Cheney, because the senators were being threatened with "them blowing up seven US cities" * a possible reference to statements by Juval Aviv, a veteran Israeli intelligence fixture. Aviv warned on August 2 that there would be a new terrorist attack on the US within no more than 90 days, with multiple targets: "What they're going to do is hit six, seven or eight cities simultaneously to show sophistication and really hit the public. This time, which is the message of the day, it will not only be big cities. They're going to try to hit rural America."

The McClatchy newspaper chain is reporting that Cheney is continuing to push behind the scenes for an attack on Iran: "Behind the scenes, however, the president's top aides have been engaged in an intensive internal debate over how to respond to Iran's support for Shiite Muslim groups in Iraq and its nuclear program. Vice President Dick Cheney several weeks ago proposed launching air strikes at suspected training camps in Iraq run by the Quds force, a special unit of the Iranian Revolutionary Guard Corps, according to two U.S. officials who are involved in Iran policy."(Warren P. Strobel, John Walcott and Nancy A. Youssef, "Cheney urging strikes on Iran," McClatchy Newspapers, August 10, 2007)

A MIRROR FOR CHENEY: THE FÜHRERKONFERENZ OF AUGUST 22, 1939

What do Cheney's closed-door arguments to Bush sound like? We cannot know for sure right now, but we can use historical precedent to get an idea of what the old reprobate is saying. To cite the obvious parallel at the beginning of the last world war, let us recall Hitler's arguments in favor of the Nazi attack on Poland at the Führerkonferenz of Nazi bigwigs, government ministers, and top generals on August 22, 1939 * almost 68 years ago this month. The reader will note from these excerpts how Hitler emphasized the prospect of economic breakdown as a key reason impelling him towards war:

"I have called you together to give you a picture of the political situation in order that you may have some insight into the individual factors on which I have based my irrevocable decision to act and in order to strengthen your confidence. For us, it is easy to make the decision. We have nothing to lose; we can only gain. Our economic situation is such that we cannot hold out more than a few years. Goering can confirm this. We have no other choice, we must act. The political situation is favorable to us. All these fortunate circumstances will not prevail in two or three years. No one knows how long I shall live. Therefore a showdown, which it would not be safe to put off for four or five years, had better take place now. I shall give a propagandist reason for starting the war * never mind whether it is plausible or not. The victor will not be asked afterward whether he told the truth or not. In starting and waging a war it is not right that matters, but victory. Close your hearts to pity! Act brutally! Eighty million people must obtain what is their right The stronger man is right! Be harsh and remorseless! Be steeled against all signs of compassion! Whoever has pondered over this world order knows that its meaning lies in the success of the best by the means of force." (Shirer, Rise and Fall of the Third Reich, pp. 529-532)

Acting out a Nietzschean creed which he shared with today's neocons, Hitler within a few days manufactured the Gleiwitz radio station incident. This operation was carried out SS General Heydrich on the evening of August 31, and provided Hitler with the immediate trigger for war. SS provocateurs staged a raid on a German radio station near the Polish border and read an anti-German tirade on the air. Some drugged German concentration camp death row inmates were then delivered to the scene under Operation Canned Goods. These bodies, dressed in Polish uniforms, were riddled with bullets and left around the station to give the impression of the aftermath of a firefight. Goebbels, the controlled media of the day, screamed unprovoked Polish aggression against Germany. This is the incident which Hitler then cited as the immediate pretext for war.

Neocon spokesmen are coming forward to glorify the coming slaughter. Among them is Stu Bykofsky of the Philadelphia Daily News: "One month before The Anniversary, I'm thinking another 9/11 would help America. Remember the community of outrage and national resolve? America had not been so united since the first Day of Infamy - 12/7/41. We knew who the enemy was then. America's fabric is pulling apart like a cheap sweater. What would sew us back together? Another 9/11 attack. It will take another attack on the homeland to quell the chattering of chipmunks and to restore America's righteous rage and singular purpose to prevail." In the last week of July, congressional scoundrel Tom Tancredo announced that a new terror attack was imminent, and demanded that the US issue an ultimatum that such an attack would be answered by the destruction of the Islamic holy places in Mecca and Medina. The State Department invited Tancredo to shut up, which may actually signal some resistance there against the wider war.

On Friday, August 10, after the carnage of the day on Wall Street, CNN reported that there were unsubstantiated internet threats of a radiological dirty bomb in truck bomb format which might be delivered in New York City, Los Angeles, or Miami. In New York, the attack was supposed to come on 34th street, where Macy's department store and the Empire State Building are located. It then transpired that the only source for this absurd rumor was Debka File, a notoriously unreliable speaking tube for certain fringe elements in the Israeli intelligence community. Debka File claimed to have gotten this intelligence from intercepted al Qaeda communications, but the guess here is that it was simply made up out of thin air. These incidents were part of a broader pattern: on the afternoon of August 8, one of the hottest days of the year, a mysterious package, probably somebody's lunch, was found in the DuPont Circle metro stop on the red line. Three stations were ordered close by the Homeland Security Department, and the entire rush hour was held up for three hours, causing an upheaval on the lives of tens of thousands of commuters. The mysterious package was then exploded, and found to be wholly innocuous. Chertoff would like to be the P.T. Barnum of terror stunts, but he seems to be falling short.

The urgent need was for a politician to stand up on national television and warn that any new terrorist WMD attack would come directly from Cheney's office, and that the Cheney faction should be held criminally responsible, including under the Nuremberg Code.

IS A STRIKE WAVE COMING IN THE US?

Forty years of passivity, demoralization, apathy and defeat weigh heavy on the US population. But the mass strike may not be as far away as is generally supposed. A veteran organizer for the United Auto Workers observed in the 1980s that Americans were never going to rise up in mass action, because they were too concerned that one missed paycheck would result in eviction from their homes. Suddenly, 10 million or more have nothing left to lose, and they may soon be joined by many more. A mass strike cannot be decreed by bureaucrats, nor is it totally spontaneous. It requires thorough preparation, but it is likely to be detonated by an outside event, often of the most unpredictable type. The only thing to do is to keep up a campaign of mass political education about the vast possibilities of a general strike, especially in response to an illegal war and/or an unconstitutional dictatorship, of the type which Cheney's controllers so ardently desire.

umbrex
15-08-2007, 04:47 PM
rense.com ftw =)

foreverspirit
16-08-2007, 04:41 AM
Hi Everyone:

Didnt see this thread before and I have read all the posts. I came across this article earlier and I posted it in GENERAL. I would greatly appreciate all opinions on the following article. Thanks a million everyone.

NAU Coins Being
Designed - See For Yourself
Proof Our Leaders Are Betraying Us All
Hal Turner
8-15-7

For months, we've all heard stories about the possibility that the United States, Canada and Mexico would be merged into a new 'sovereign' entity called 'The North American Union'...

GOVERNMENTS DENIED IT PUBLICLY AND OTHERS CALLED US "CONSPIRACY NUTS."

WE FINALLY HAVE PROOF: THEY ARE PLANNING TO COIN MONEY IN THE EXACT NAME OF THIS NEW ENTITY

"The Hal Turner Show" has received images of the new unit of currency they are planning. It is called "the Amero" which will replace the "Dollar" and the "peso" in all three countries once they are merged out of existence!





They are even coining "Ameros" in Collectable precious metals like Silver as the "Proof" coin shown below!!




Source for images:
http://www.designscomputed.com/coins/amero.html

More details are pending. One thing is absolutely clear: The governments of the USA, Canada & Mexico are engaged in a conspiracy to merge the three countries without the knowledge or consent of "The People."

In furtherance of this conspiracy, the government of the United States is intentionally spending the nation into absolute, unrecoverable Bankruptcy with the intention that the monetary system collapses.

When the U.S. currency collpases, it will take with it, both the Canadian dollar and Mexican Peso because both countries are so heavily invested in the U.S. dollar through trade with the US.

During such a collapse, when hundreds of millions of average citizens face absolute destitution because their currencies have been wiped out, these Conspirators will turn to 'The People" of each nation and say "your only hope is to merge all three countries and make a new start."

The thinking is that the populations will rush to embrace the merger and forget all about our individual history, rights and systems. In one fell swoop, the Conspirators will clobber us into absolute despotism and we will be helpless to do anything because our money will have become worthless!

While you're gasping for air at this, did you happen to notice the DATES on these coins? 2007

Gee whiz, this plan seems awfully far along. I guess this means the collapse will be this year? Maybe that's why the housing market was allowed to "tank?" Maybe that's why the Stock Markets are dropping hundreds of points per day lately? Maybe this is why oil has increased in price. . . . because the oil nations already know they're going to take a bath on the currency change when they have to exchange "Dollars" they're already holding which will be worth only "pennies" on the "Amero?"

Are you starting to grasp why so many things are going wrong lately? Does a lot of it start to make sense when put in the context of wiping out currencies in the name of globalization? It's the jew bankers, folks. Another jew banking scam designed to enrich the few at the utter devastation of the rest!

This is betrayal folks! Betrayal by our highest elected officials! Deliberate, intentional despicable deceit!

This is EVIL treachery on such a massive scale that the only proper response may be to simply KILL everyone involved.

Additional details are starting to come out and more information will be posted as it becomes available!!! Check back often.

gonzo power
16-08-2007, 10:26 AM
I am very interested in finding out if these Amero images are fake or not. There are quite a few people I know who are on the fence about the reality of the NAU. If these images are real, they would help to sway them.

chandrakavi
27-09-2007, 02:34 PM
The amero is afact it has been on the news,
look it up in youtube.
I don't know about the images
but the amero is coming

oscilating1
06-10-2007, 07:49 PM
Well now that g bush has signed the documents to start printing the amero what can we see is going to happen?

this is what will happen well in my opinion anyways.

North american union which will consist of canada north america and mexico

Then we have the european union which is already there after WWII

And dont forget the soviet union.

Next is the asian union which is taking place as we speak!

And following this will be the plan that the new world order has been following to get their one world goverment & army.

Soon after this will be chaos as they finish destroying what nature has left which is the destruction of crops, live stock etc etc... (Gm food is perpously designed to erradicate natural genes in normal food so that the plants that arnt controll by them just grow once or not at all and that the seed will never reproduce hence they will own all the food) they will own all electicity/power grids etc etc... and introduce the microchip and this is what they are after. it wont be a matter of oh im not having this chip i dont trust it... it will be that they will make it so bad that you will be crying out for the chip....and if you do decide to go ahead and have this ridiculas stupid idea of theirs (micochip) your basicaly bugggered! (your entier body works off electrical impulses from your brain and anyone who has this chip is f******D as they would be able to totaly take controll of you (robots) just like a switch they will be able to turn you off and on at their will) and if you dont have it you will not be able to buy food, have any Power,Water supplied to you etc etc...

I see nothing being done to stop this agenda and by the time people really see the truth its going to be to late (if not to late already)

Wake up people and do something! the time to stand is now before it is to late as this is your last chance before we really see hilters world (and worse)

I also see in my eye that hardly anyone cares aslong as they are ok? Wtf dont be a greedy person. We are all the same they is no difference between you and I. WE can do this if we all get together and make a stand against them.

A couple of things i heard david icke say which upset me a little!

Dont worry its all a ride enjoy the ride! (tell that to the families that get blown to bits by bombs everyday & people who are starving to death) im sure they worry and i would to if i was getting bombed or had'nt eaten in weeks.

And the other is the damn price of his dvds most people have very little money as it is let alone pay 25 bucks for a dvd? i know they cost money to make etc etc but 25 bucks each?

The agenda for the new world order is total global controll and depopulization of 80%!

I leave you now to put you thoughts down so that we can start to do something about this instead of reading about it all the time. (reading about it and talking about it just isnt going anywhere)

We need to goto these people who are doing this and kick them out by getting everyone who is against this agenda to goto the capitals of thier countries (all on a paticular day) with our evidence to show to other people whats really going on. This would be headline news and throw it into the open.

no partitions as these ideas never work! it would be good to see around 500,000 or more! People standing outside these goverment buildings demanding the truth be told to all and that we are no longer going to put up with their freakish controll syndrom.

The longer we leave it the harder its going to be to get out of it!

(maybe daivd and afew of his friends who know more could organize it and we could arrange something as alot of people who know about this know who david icke is and therefore would come along nobody has heard of me and probably wouldnt listen to me anyway!

Or even get everyone in the world to start their own agenda Called the new world FREEDOM and have our own army where we dont kill others we just will out number them!

Peace and love is a beautiful thing and is slowly being destroyed! (DONT LET IT CONTINUE)

Maybe i should start it off ~

By holding the biggest ever gathering in london for the whole world to see! where we would have major screens and people speaking out with full eveidence off what and has been going on! and not just the uk but every single country in the world will need to take part.

WE all together can make the difference between freedom & prison.

Sorry if you find my topic abit outlandish but what ya going to do to stop it? are you going to carry on reading topics and listening to people talk about it or are you one of us who will goto london and make this day the first day of freedom?

Thanx and i love you all!

kblood
06-10-2007, 09:05 PM
The dollar was almost a global currency, since other currencies have been following it as far as I know. When the Euro got printed its was very near the dollar as well. No, currency is not completely based on gold or silver. Currencies are a bit like stocks today it seems. Their value based on how much faith "investors" have in the currency.

Lets say someone got 10 billion US dollars and buys another currency with them instead. Depending on the price he sells these 10 billion for compared to the other currency it should make the US dollar value skydive.

There should be a big formula for how to calculate a currency value, but I think it is more like a guideline rather than a rule.

To make trading easier there are chinese dollars f.ex. and other countries that have a trading currency like this I believe. It follows the US dollars value to make trading between companies go more smoothly, so their agreements doesnt change in value overnight. There are policies that have taken currency inflation or otherwise into consideration though.

de_shit
07-10-2007, 01:24 AM
The Amero is coming. I hope it smells as good as dollars do. I love smelling the cash. I cant wait to see what it looks like. Then I cant wait until cashless society comes around. Ill be the dude in the line that slows everyone else down. I love those banking commercials that go life takes Visa and has some bald dude slow down a fast moving line by using cash. Life doesn't take Visa. I live it without credit cards easily.

tru3
07-10-2007, 04:22 AM
My impression is, that the idea mr. icke - and alot on this site are promoting, is to do nothing but love one another, focusing their energies on bringing down the kabal. I believe that his view is naive at the very least and will only lead to the ultimate demise.

do you think a tigress loves her cub? does the tigress not strike without hesitation, in complete, fierce love, to defend her cubs?

we have something here called the u.s. constitution. it is a precious document. there are significant numbers here, in both parties, who still believe in constitutional law.

personally, i'll be voting for ron paul, because he advocates putting the money supply back in the u.s. treasury where it belongs, where it hasn't been since 1913.

he's a long shot, but he's refusing to go away, even though he doesn't get a column-inch of press.

we americans love the constitution. fierce love. i expect that at the very worst, the military will strip cheney of all power (notice i didn't say bush; executive order 51 is instrumental in this transition from the dollar to the amero),

when americans become soldiers, they don't take oath to a king, or a leader. they swear to protect and defend the u.s. constitution.

think about that. just because our leaders have preyed on the ideals of the populace, doesn't mean that the entire populace is corrupt. that just means they're naive, foolish, deserving our compassion and help.

haven't you ever heard of the art of war? never attack an opponent with superior numbers (and technology) head on. give ground, give ground, give ground, gather power and awareness and numbers, then release it like an avalanche coming down a mountainside.

ever read the book "the tipping point"? big changes start with small currents, repeated over and over.

patience and perseverance and vigilance are the words, for me.

aren't those qualities of Love?

chandrakavi
10-10-2007, 04:02 AM
The dollar seems worthless worldwide in all markets. This is part of the Agenda. I wondeer if the Amero will be any better:confused:

I know they are headed tooward the SINGLE CURRENCY of the World Goovernment,
there must be something good in it. I hope so.

:eek:

chandrakavi
16-11-2007, 05:17 PM
It sseems the Amero coins have been made by the treasury.

hagbard_celine
17-11-2007, 01:43 PM
It sseems the Amero coins have been made by the treasury.


They have and there's a lot of symbolism in the design. Check out the thread on the Symbolism board (You might have to scroll down a bit.)

hagbard_celine
17-11-2007, 01:47 PM
Actually it's on Today's News: http://www.davidicke.com/forum/showthread.php?t=13594&highlight=amero

chandrakavi
17-11-2007, 04:16 PM
Actually it's on Today's News: http://www.davidicke.com/forum/showthread.php?t=13594&highlight=amero


Thanks:eek:

chandrakavi
22-12-2007, 05:26 PM
some people say and believe that the exchange of the dollar is
INTENTIONALLY low,a weak dollar, so at a certain moment, years, they will change it
and later the USA will be all powerful, they are strong enough to pull this trick,
others believe the empire is crumbling and falling down.

If everything is being prepared for the WORLD GOVERNMENT,
for the amero, they are following their AGENDA.

which is right?

chandrakavi
22-01-2008, 05:32 AM
Well This January 21,2008, Black Monday, Where All The Stocks Of The World
Fell, Making It Worse Than 11 September 2001. Seems To Be Part Of The Plan,
Although A Bad Mistake To The Eyes Of The Entire World.

The Amero Near.

chandrakavi
22-01-2008, 06:27 AM
YOUtube, The Amero--North American Currency


YouTube - Broadcast Yourself.

Youtube AMERO WATCH

YouTube - Broadcast Yourself.

alice1111
22-01-2008, 04:08 PM
I erased, changed my mind. Love to ya Chandrakavi,

Alice

chandrakavi
23-01-2008, 09:10 PM
A lot of stuff in youtube showing the AMERO COINS, already made, with a lot of
symbolism

seamus
24-01-2008, 04:00 AM
Look up in google THE LIBERTY DOLLARS. Some kind of currency in USA that is already taking place ,although few know about it. Already have US bills of different colors that are accepted in someplaces already according to what the yexplain. I have asked some friends but either don't trust it, or have never seen them, hoax or real?:confused:
READ: http://www.libertydollars.org

See what you think

The liberty dollar is real. I was paid with one once while working in retail. I turned around and used the dollar easily. they have a weakness in that the vault where the silver is stored requires paid guards, and a stable government to back them up. Bullion metals in small chunks, salt, nitrogen-packed flour, seeds, dried meat, bottled water... these are the real currencies of the future.

S

chandrakavi
06-05-2008, 10:32 PM
Amero Photos

http://dc-coin.com/index.asp?PageAction=VIEWCATS&Category=8

The Amero should start circulating in 2010 , 2 more years from now, 2008.

somethinganonymous
07-05-2008, 06:23 AM
History showed that in a Country like India,
Ghandi's Non-violence, made the English Empire of the time
have to leave, and is the only Country in the world that
got his independence without using weapons.


Want to correct you on this one. India is not the only country to get its independence without using weapons. In fact, many Indians DID use weapons. Numerous revolts and riots in India prior to and during the days of Ghandi. We in Norway got our independence without firing a single shot.

Anyway, the American Union is coming, and with it, the Amero. Just like many in Europe couldn't comprehend the extent and implications of the Rome Treaty, the predecessor to the European Union, most americans do not comprehend the NAFTA-agreement and the free-trade agreements between the US, Canada and Mexico; agreements that will, at the expense of the national sovereignity and the will of the people, be expanded to create new federalized institutions, just as in Europe.

Peace.

dangermouse
07-05-2008, 08:34 AM
http://www.designscomputed.com/coins/dc-coin_alt_currency_list_files/image007.jpg

if u see the 999 silver .. upsidedown is 666 :o

americana
07-05-2008, 09:31 PM
This is a yank site, probably a get rich quick scheme....has there been any proofs issued from the federal reserve or what ever the USA mint is called??

I am with you on that point! "These private-issue fantasy pattern coins will be struck as an annual series (until such time as it is no longer legal to do so), starting in the latter part of 2007."

Still, I'd be very open to seeing any links of information as to who designed these coins and when.

The reference to Jamestown is certainly intriguing, given the history of the place!!! Disease, starvation, hardships, inability to provide for themselves, Indian attacks . . . .super. (Preview of life under the NAU Amero?)

The Indian on one of the designs would appear to be the Native American Princess Pocahontas, one of the beautiful babes of our national mythology! (Pace Disney.) She is already pictured on the lousy, stinking dollar coin that everyone mistakes for a quarter.

hagbard_celine
08-05-2008, 05:30 PM
Can anyone see the all seeing eye ahead of a cap stone pyramid....Look at the birds back ground to create the pyramid....


The capital A in the bottom right could also qualify, without the eye though.

hagbard_celine
08-05-2008, 05:32 PM
http://img379.imageshack.us/img379/2254/zzzzzuna1a2007mstnws0.jpg (http://imageshack.us)

There are 13 stars behind the Semiramis figure on the left.

Also, see the rising sun in the background

dmessick
08-05-2008, 06:07 PM
How about we just manifest a world without commerce altogether. For instance, I have a Cash Only online 'business', so 'they' can't track my income, regulate and manipulate me or you through taxation, (no I don't pay income tax) or use my income for their purposes, where I do not sell anything and I do really really well with it. So I am mostly free from their rule ( some of you only talk the talk but may never walk the walk ) and as soon as we all get on the same page and are able to give and receive all things freely without payment and out of love we won't need their money anymore and we can tell them to shove off. That is how you beat them! Stop giving THEM your time and labor at some job that THEY control and learn to generate only untrackable cash. If you're not one of us then you must be one of them. They are not that hard to out smart people! Kick the proverbial pedestal out from underneath them ( i.e stop working, banking, taking out fake loans to get 'their' money) and watch them break their neck when they fall. We Win!

chandrakavi
09-05-2008, 10:23 PM
http://img379.imageshack.us/img379/2254/zzzzzuna1a2007mstnws0.jpg (http://imageshack.us)

There are 13 stars behind the Semiramis figure on the left.

Also, see the rising sun in the background

Good observation Hagard_ Celine!!

chandrakavi
12-05-2008, 03:26 AM
And conveniently the 1st number of the alphabet - A = 1, Pyramid one controlls many. The A figure actually makes more sense as a pyramid - the capstone is the centre of the letter.

Makes sense. Its very sophisticated symbolism. Once they have a single currency,
they probably won't need to hide their symbolism, who knows?

mystiq_99
19-05-2008, 02:49 AM
This one has hit home for some time. North American Union, for that matter whatever name they now have for free trade, is treason. It costs no money to withdraw from the agreements. In law, if even one paragraph contains a crime the entire document is null and void. And as in the Nuremburg trials, the documents are useful. Crime with a signature. Confession isnt required. Witnesses arent required. Only the persons identity is. These documents are evidence of treason, and they contain the needed signatures to arrest the perpetrators. On a forum, I wrote this about free trade and its clause that allowed a independent panel to make rulings that affected the sovereign rights of a nation to pass its own laws, and thus prevented US companies from making money. A judge on the column was writing and she basically agreed with me. So when will people wake up? Its going to be pretty harsh if Im out there with my sons performing a citizens arrest without backup, but I'm mad enough to do it.

celtic isis
19-05-2008, 12:54 PM
Man i am sick and F---in tired of this.

What is WRONG with you people!?

Don't you see whats happening?
I know you do.
You are obviously dedicating a portion of your lives to become enlightened about such topics.

your asking questions like.. Who? How? When?
How about you ask REAL QUESTIONS.

Like.. Who is gonna revolt against this..
Will the american/canadian especially Populations allow this?
Will this be enough wakeup call to the generally misinformed public of what is to come?
Will we see a Post modern Revolution unlike any other in history?
Societies at Civil War with one another..ie. Those we reject the World state (sidenote- microchips)
And those who accept it.

WAKE UP you clowns
Those of you who are on this site and others Know a school of information Not known by Billions of people.
it is very realistic we could be fighting a war in our own backyards just for FREEDOM in the coming years.



brilliant post uchiha, i know, it's V for Vendetta...guys we a need a plan...really it's up to us.


http://img177.imageshack.us/img177/9061/vforvendetta21rm1.jpg

http://groups.myspace.com/index.cfm?fuseaction=groups.groupProfile&groupID=102483626&Mytoken=53E57FFE-BC09-4F9E-82F7ACF5C1713AD8301261184


Just to add i do understand the consciousness aspect of all this, and how it is one of the keys but consciousness isn't THE solution, how can consciousness win in a world that is unconscious? This world runs on hard facts, hard cash, hard figures and numbers on a computer screen, goods, services, real pain, real hunger, real suffering...a simple change of thought (or not thinking at all, just being) won't solve all our probs here in taking down this red carpet elite...we need to band together in mind, in spirit, wake up that we're all brothers and sisters united against ultimately one bad force, and we have to unite in not conforming to their world system or serving it anymore, stop voting, could you imagine is no one in the US voted, sure they can fake it and choose who they want anyway but still if no one voted it would be huge...everyone watch the movie V for Vendetta, this is what we need to do.

The conscious realisation that fear is our prison plus coming together as one to stand up for our rights as human beings not as slaves which we already are. It is the message of the above film. I love this film so much (we had a pancake party yesterday and got everyone round to watch it lol) ;)

chandrakavi
20-05-2008, 10:48 PM
brilliant post uchiha, i know, it's V for Vendetta...guys we a need a plan...really it's up to us.


http://img177.imageshack.us/img177/9061/vforvendetta21rm1.jpg

http://groups.myspace.com/index.cfm?fuseaction=groups.groupProfile&groupID=102483626&Mytoken=53E57FFE-BC09-4F9E-82F7ACF5C1713AD8301261184


Just to add i do understand the consciousness aspect of all this, and how it is one of the keys but consciousness isn't THE solution, how can consciousness win in a world that is unconscious? This world runs on hard facts, hard cash, hard figures and numbers on a computer screen, goods, services, real pain, real hunger, real suffering...a simple change of thought (or not thinking at all, just being) won't solve all our probs here in taking down this red carpet elite...we need to band together in mind, in spirit, wake up that we're all brothers and sisters united against ultimately one bad force, and we have to unite in not conforming to their world system or serving it anymore, stop voting, could you imagine is no one in the US voted, sure they can fake it and choose who they want anyway but still if no one voted it would be huge...everyone watch the movie V for Vendetta, this is what we need to do.

The conscious realisation that fear is our prison plus coming together as one to stand up for our rights as human beings not as slaves which we already are. It is the message of the above film. I love this film so much (we had a pancake party yesterday and got everyone round to watch it lol) ;)


Still haven't gotten around to seeing V for Vendetta, will as soon as possible
saw some trailers in youtube and seems like a great movie by the same makers of MATRIX, great CELTIC ISIS. Hope to buy the movie soon.

chandrakavi
20-05-2008, 11:13 PM
YouTube - Broadcast Yourself.

chandrakavi
21-05-2008, 02:03 AM
YouTube - Broadcast Yourself.

chandrakavi
21-05-2008, 06:49 AM
(NORTH AMERICAN UNION & RFID Chip TRUTH! Must SEE - YouTube

chandrakavi
21-05-2008, 11:13 PM
The liberty dollar is real. I was paid with one once while working in retail. I turned around and used the dollar easily. they have a weakness in that the vault where the silver is stored requires paid guards, and a stable government to back them up. Bullion metals in small chunks, salt, nitrogen-packed flour, seeds, dried meat, bottled water... these are the real currencies of the future.

S


Since Gold is not worth what it used to be, the dollar ready to fall with the Amero coming in 2010, what they see as real investment is buying basic food, that people cannot stop buying of demand, people have to eat, this is the reason why the price of food has gone up WORLD WIDE, why for example, there is a limited amount of rice you can buy in USA supermarkets, when that didn't even happen in the big depression; the food of coming year
is already sold, so food for internal compsumption in ALL countries, is sold at expensive prices, get ready , the AMERO will affect EVERYONE, and EVERYTHING in the American Continent, and other Continents also. There will be no food that is cheap. Also wheat, and sugar cane will be used to substitute oil to have cars run, so cars will have cheaper gas to go on, but out of wheat many things are made, bread,all flour , and many other food come from there. In this way food being made an investment the food supply chain in supermarkets can be broken,
and all those people that seemed insane wanting to grow their own crops, and things having seeds, water, everything vital, will unfortunately have turned out to be in the right.

People cannot say THEY WILL NOT ACCEPT THE AMERO, because the dollar and different pesos will be worthless, just like other currencies today in Europe, its the Euro across all Europe mostly.

This did not go through Senate, because they knew that it would be opposed,
people would rise against it. So they did it secretly, there is a lot written on google ,but very few people know the name AMERO, and most people are ignorant about this, uninformed, so they count with that as their best ally---people's ingorance, and false belief that Governments are here to do good things for them...to protect them...:D

americana
22-05-2008, 02:12 AM
To be sure, we will be chipped.

And if the Amero is coins like the ones shown, people may well go along with the idea that being microchipped is easier than using the new currency and coins.

At the moment, in the U.S.A. we have $1.00 coins, and MOST store clerks, taxi drivers, etc., who receive these don't know what they are.

They think that the coins are Quarters .

They act as if they are fake, and they are NOT happy to receive and accept the money, although it is legal tender.

I don't know how it's going to work, or if there's going to be any overlap between the "old" and "new" money, but the Amero as pictured with the eagle also resembles the Quarter. Boy will there be mass confusion!

It's all part of the plan to make us swallow the concept of being microchipped.

chandrakavi
23-05-2008, 10:14 PM
BESIDES THE MICROCHIP THING

ALL COUNTRIES THAT ARE INTO THE DOLLAR, LIKE ECUADOR
WILL BE LEFT UNSTABLE
TEH DOLLAR WILL BE MADE TO BECOME WORTHLESS BY USA, CANADA AND MEXICO
and USA CANADA AND MEXICO, will be the only ones to have the AMERO

Exporters and impoters set their prices in dollars
will start having problems, Commerce in general world wide.
And buyers also. It is a change that will leave a portion rich, and a large portion of people poorer.


They will become rich, and the rest of the world will be left being poor.