Friday, December 04, 2009

Scary


This video...[More]

I'm sure glad I can turn to stories about Tiger and Meredith, and not have to think about unpleasant possibilities like this.

[Via Tina T]

3 comments:

jon said...

fiat currencies are an avenue to undue power over men. this battle is not about wealth, but power.

commercial banks restricting lending and paying the fed back would not destroy the dollar. it will do what it says, though: restrict lending. a lot. in other words, massive credit destruction. a huge depression. one that has been coming since 1913 that the nation keeps putting off so it can fund welfare and warfare.

bank consolidation: yes. the fed is a cartel. it exists to ensure profit for big bankers. that means occasionally kicking all the little players out of the market entirely. let them figure out where to build branches, then take them over with a crisis. whether that has anything to do with world government, i can't say. on its face this is completely irrelevant to the centralization of power on a single global currency.

killing the dollar kills their power over 350 million americans. that is why a depression is far more likely than hyperinflation. they will happily induce it to keep people in the game. the question is: are they that good?

socialists cannot calculate. it is highly unlikely that the fed can really get anything that it actually wants, except in the short run. the market is phenomenally powerful and has humbled every president, ever. it may not actually be possible for them to turn off the spigot fast enough.

parabarbarian said...

Remember the hits ignore the misses.

I am not sanguine about the future fo the dollar but Bob Chapman doesn't have a lot of credibility with me. He is one of those prophets who makes of lot of predictions and then builds a reputation on the few that can be interpreted at least partly as hits. Here's an example of a egregious failure:

www.prisonplanet.com/bob-chapman-warns-of-false-flag-nuke-attack.html

The fact is, a devaluation of the dollar is almost inevitable now. Predicting that is like saying a forcefully thrown brick will break a window. Which we will probably see a lot of if/when the government devalues the dollar.

Joe G. said...

"look for reduced services in municipalities, leading to higher crime rates"...

how many million guns have flown off the shelf since 0 was elected? Some people are able to connect the dots. If any of what he says happens inside of 2010, I'll know for sure this isn't just a bad dream.