Old Project Avalon Forum (ARCHIVE) - View Single Post - Hidden in the Emergency Economic Stabilization Act of 2008

Zarathustra · 10-02-2008, 08:52 PM

R,

Valid thoughts. I think that with the 65 trillion to over a quadrillion derivitave bomb (see Chapman's latest commentary amongst others) they are aware that nothing can stop the collapse. It is literally a 'when' not an 'if'. All of the world's wealth in currency is insufficient to cover that market. I think that one of the goals (the others potentially insidious) is to have the collapse happen on Obama's watch, and I think they are panicked that they may not be able to accomplish that. Thus the troops being returned from Iraq and undergoing "domestic mission training". A bank shutdown, or "holiday", is likely I believe.

But what people must understand is that all of these moves are not attempts to save us, rather holding off the wave until the looting is complete. Bush, Paulson, Bernanke, and the other criminals have knowingly allowed and or created this mess, and compassion for us is not in the mixture.

It is a falsity to compare this time with The Great Depression (which the bulk of economists now say was intensified and prolonged by Roosevelt's interventions), or any other economic problem that we have gone through. Those were riptide currents and large waves of varying strength compared to the mega tsunami that is racing towards us at 700 miles an hour.
2 big differences
1) Then the dollar was not already inflated to near extinction
2) We had a manufacturing/agricultural based, not a service/financial based economy to return to

Abolish the Fed, print no more currency, return the currency to a metals based standard, abolish the IRS, cut the Federal gov. by 70%, downsize the military by 70%, end all wars, make payment deals with the world for our debt, immediately repeal NAFT and GATT, immediately invest in manufacturing -

and we might have a shot.

Continue to print fiat currency with printers that work at seemingly light speed, continue to pump air into a toxic bubble of unsustainable price levels, continue to sell the wealth of America to the Fed, the international banking consortium, and foreign nations

and the end is near.

10-02-2008, 08:52 PM	#12
Zarathustra Avalon Senior Member Join Date: Sep 2008 Location: Eastern U.S. Posts: 429	Re: Hidden in the Emergency Economic Stabilization Act of 2008 R, Valid thoughts. I think that with the 65 trillion to over a quadrillion derivitave bomb (see Chapman's latest commentary amongst others) they are aware that nothing can stop the collapse. It is literally a 'when' not an 'if'. All of the world's wealth in currency is insufficient to cover that market. I think that one of the goals (the others potentially insidious) is to have the collapse happen on Obama's watch, and I think they are panicked that they may not be able to accomplish that. Thus the troops being returned from Iraq and undergoing "domestic mission training". A bank shutdown, or "holiday", is likely I believe. But what people must understand is that all of these moves are not attempts to save us, rather holding off the wave until the looting is complete. Bush, Paulson, Bernanke, and the other criminals have knowingly allowed and or created this mess, and compassion for us is not in the mixture. It is a falsity to compare this time with The Great Depression (which the bulk of economists now say was intensified and prolonged by Roosevelt's interventions), or any other economic problem that we have gone through. Those were riptide currents and large waves of varying strength compared to the mega tsunami that is racing towards us at 700 miles an hour. 2 big differences 1) Then the dollar was not already inflated to near extinction 2) We had a manufacturing/agricultural based, not a service/financial based economy to return to Abolish the Fed, print no more currency, return the currency to a metals based standard, abolish the IRS, cut the Federal gov. by 70%, downsize the military by 70%, end all wars, make payment deals with the world for our debt, immediately repeal NAFT and GATT, immediately invest in manufacturing - and we might have a shot. Continue to print fiat currency with printers that work at seemingly light speed, continue to pump air into a toxic bubble of unsustainable price levels, continue to sell the wealth of America to the Fed, the international banking consortium, and foreign nations and the end is near.