High RollersPosted: July 5, 2011 | |
What have we learned in the past year? If anyone has a long enough memory, it was about 3 years ago that the global economy had a flameout and went into a downward spiral. We should have learned to never be impressed with how well anyone plays the debt game. If we believe what the financial news tells us, we are as gullible as people were in 1913, 1929 and of course, September 2007. We came into a debt speculation crisis, only to take on trillions more in debt. At least some people have learned to avoid the “D” words. They’re still thieves and con men, but they’re not stupid. They don’t want to panic people out of buying into their Ponzi scheme. They know that they need time to put together a plan to deal with the big “D” word: DEFAULT. Creditors will be nervously tapping their feet in the waiting room, during the Congressional budget debates. Everyone knows that it’s time to stand and deliver. A bigger Federal deficit won’t stave off another currency collapse.
We did learn that U. S. fiscal policy doesn’t turn heads in the world. The message from the rest of the world, is clear. They aren’t going down in the Federal Reserve Ponzi scheme. They slammed on the brakes when they were being pressured to open the paper floodgates. By experience in international intrigue and manipulation, Europe learned things that we didn’t. Centuries of dealing with the ruin brought by Corporatism and digging out of the rubble of war made them very conservative. They’ve had their economies brought down by the central banks, many times. They don’t want to see the central banks step up their military busywork in this fiscal crisis. Unless there’s another planet to pillage, there isn’t commercial incentive to squeeze Turnip Earth much further.
We should have learned that the economy won’t run without the proper fuel. Changing the numbers on the speedometer and screwing the accelerator to the floor won’t get to the destination, on an empty tank. Debt is less than nothing. It is a vacuum. In the presence of wealth, it is a negative potential, seeking the equilibrium of uniform poverty. The banks make great use of it as a weapon. At some point, real collateral will have to be in the pipeline. The question must be asked, now; Will the Federal corporation be able to maintain the illusion of solvency long enough to enforce it’s Fascist goals? History says, “No”. For more than a decade the suspicion has been that Federal land has been pledged as collateral . If so, we should see something more formal than suspicion, in the near future. U. S. citizens may be gullible enough to continue loaning and borrowing debt, but other countries know that the Federal Reserve isn’t the only game in town.
If we haven’t learned to prepare for the next crisis, now would be a good time. Water, food and shelter are the real priorities. We are running on blind faith, with the financial switch in the hands of thieves and liars. I don’t believe that God put people in charge who openly and publicly hate Him and His ways. People did that. Many, many times in history, people have gotten the consequences of what they wanted. People continue in every false belief because they hope to gain advantage in the corporate structure. The open rebellion that is the Federal Reserve will bring the United States to a standstill, as every fake money system has, before it. It remains to be seen, who wants to go down into the Pit with it.
People really should read “The Coming Battle” by M. W. Walbert. The history of the eventual subterfuge that produced the Federal Reserve Act is found in “The Creature From Jekyll Island”, by G. Edward Griffin.
I read “The Coming Battle” in December. It’s a very telling, detailed account of events leading up to the Federal Reserve Act.
493 pages, at this link:
Follow-up information is in the book “The Creature From Jekyll Island” by G. Edward Griffin, available through the Recommended Reading links at
Thank you, and pray for America