Rebel Resource
01-22-2008, 08:17 PM
Im sorry, but just calling someone a conspiracy theorist and then saying Ron Paul is a wingnut provides no evidence whatsoever that what you are saying is true or even logical.
The Federal Reserve IS a private banking institution. The people that run it are appointed by the US Government, but the list of appointees they get to pick from comes from......the Federal Reserve board.
I, too, have an understanding of economics. What Ron Paul is saying is completely true. Look at the economy right now. Ron Paul has been saying this was going to happen over and over. Now, the GAO comptroller general David Walker (the head accountant of the us government) is agreeing with Ron Paul. The nation is insolvent due to the creation of money out of thin air to pay for more guns and more butter. Our dollar today is worth 3 cents of the dollar from 1913 when the Fed was first instituted. Our founding fathers continously warned about a central bank and having anything but gold and silver being legal tender.
Why?Just look at what happened with the Continental. The SAME thing is going on right now. The ONLY thing keeping this whole charade going is that the US dollar is the World Reserve Currency. How did it obtain that status? By being backed by gold. The korean war and the vietnam war combined with the Nanny state that was built up during that era by printing money out of thin air devaluated the currency so much that the rest of the world started to reject it in 1970/71. They wanted their gold. Nixon said no and took us off the gold standard. Why? Because the US government didnt have enough gold to exchange for all the dollars it created.
So now the world was left with all these useless dollars. How to keep them from dumping them back into the us economy and causing the currency to crash? Simple. Sign a deal with the Saudi Arabians, leader of the OPEC nations, that they would sell their oil ONLY in dollars. Now, the rest of the OPEC nations followed suit, thus sealing the deal.
What did that do to the rest of the world that had these useless scraps of paper called dollars that they wanted to get rid of? It made them have to keep them....and continue to buy more of them. Why....because every nation needs OIL for their civilian, construction, aero nautical and military vehicles. If you dont keep the dollars.....you cant buy oil. So the US could keep devaluating its currency by creating money out of thin air and forcing it upon the rest of the nations of the world and there was nothing they could do about it.
This gave the US a HUGE economic advantage in that the world would have to keep buying dollars to get gas with and the US could build up a massive military empire with 700 bases around teh globe in 130 different countries. Everyone in the US could live a dreamy existence and not question anything etc. The French and Germans saw this and helped form the European Union with the express purpose of getting the Euro as the World Reserve Currency. Hence the reason they were pretty anti-us iraq invasion. Why? Because saddam hussein quit sellign his oil in dollars in 2000 and begin selling in .......euros! By 2003 the US invaded Iraq and within one month's time after toppling Saddam, sales of oil quietly went back from Euro to dollars.
In comes Iran. They too are losing a ton of money. What they have done though, is to create an Oil Bourse...an exchange that is not going to be trading in dollars. Euro and Dinar only. (Dinar because even Kuwait...who has nothing against the US...quit selling in dollars too. It's just too expensive and they are loosing so much money). The Bourse goes live in 3 weeks Feb 08. Who is the US talking of attacking next? Iran. Why? Because of nuclear armed terrorists? Because they hate Jews? NO and NO. The NIE has said repeatedly that Iran has no nuclear weapons nor can create them for at least a decade. Iran has the largest jewish population in the entire middle east outside of Israel. They are going to be attacked because of the Oil Bourse. That bourse is more powerful than 1000 nuclear bombs. All the world economies are going to ditch the dollar and trade in Euro when the option is available, thus crashing the dollar as a currency. Similar to Weimar, Germany post WW1.
The US can't let that happen so t hey are going to sick Israel on Iran, probably via a faked attack on israel, similar to a gulf of tonkin type event. However, this will freeze the markets like a deer in the headlights, and thus crash teh US economy. The US is in a lose, lose situation and it's going to become readily apparent in 2008. The ONLY hope the United States has of weathering this situation is to elect that guy Ron Paul. He's the ONLY one with a game plan that will stop the currency from crashing. Just look at how the Dow did after Bernanke gave his stimulus package talk yesterday. 300 point drop. Everyone knows that doling out beer money to Americans isn't going to fix the complete erosion of the financial underpinning of the US economy from the SubPrime Mortgage Scandal. That is the single largest fraudelent event in the course of human civilization. What's the fed's response? Let's just print more money!! woohoo!! Too bad for them tons of folks are catching on due to Ron Paul educating everyone about economics.
For those of you that think Ron Paul is a wing nut....perhaps go do some research about what the guy is actually saying versus what Faux News spoonfeeds you as an opinion. You are the reason America is going to cease to exist.
The Federal Reserve IS a private banking institution. The people that run it are appointed by the US Government, but the list of appointees they get to pick from comes from......the Federal Reserve board.
I, too, have an understanding of economics. What Ron Paul is saying is completely true. Look at the economy right now. Ron Paul has been saying this was going to happen over and over. Now, the GAO comptroller general David Walker (the head accountant of the us government) is agreeing with Ron Paul. The nation is insolvent due to the creation of money out of thin air to pay for more guns and more butter. Our dollar today is worth 3 cents of the dollar from 1913 when the Fed was first instituted. Our founding fathers continously warned about a central bank and having anything but gold and silver being legal tender.
Why?Just look at what happened with the Continental. The SAME thing is going on right now. The ONLY thing keeping this whole charade going is that the US dollar is the World Reserve Currency. How did it obtain that status? By being backed by gold. The korean war and the vietnam war combined with the Nanny state that was built up during that era by printing money out of thin air devaluated the currency so much that the rest of the world started to reject it in 1970/71. They wanted their gold. Nixon said no and took us off the gold standard. Why? Because the US government didnt have enough gold to exchange for all the dollars it created.
So now the world was left with all these useless dollars. How to keep them from dumping them back into the us economy and causing the currency to crash? Simple. Sign a deal with the Saudi Arabians, leader of the OPEC nations, that they would sell their oil ONLY in dollars. Now, the rest of the OPEC nations followed suit, thus sealing the deal.
What did that do to the rest of the world that had these useless scraps of paper called dollars that they wanted to get rid of? It made them have to keep them....and continue to buy more of them. Why....because every nation needs OIL for their civilian, construction, aero nautical and military vehicles. If you dont keep the dollars.....you cant buy oil. So the US could keep devaluating its currency by creating money out of thin air and forcing it upon the rest of the nations of the world and there was nothing they could do about it.
This gave the US a HUGE economic advantage in that the world would have to keep buying dollars to get gas with and the US could build up a massive military empire with 700 bases around teh globe in 130 different countries. Everyone in the US could live a dreamy existence and not question anything etc. The French and Germans saw this and helped form the European Union with the express purpose of getting the Euro as the World Reserve Currency. Hence the reason they were pretty anti-us iraq invasion. Why? Because saddam hussein quit sellign his oil in dollars in 2000 and begin selling in .......euros! By 2003 the US invaded Iraq and within one month's time after toppling Saddam, sales of oil quietly went back from Euro to dollars.
In comes Iran. They too are losing a ton of money. What they have done though, is to create an Oil Bourse...an exchange that is not going to be trading in dollars. Euro and Dinar only. (Dinar because even Kuwait...who has nothing against the US...quit selling in dollars too. It's just too expensive and they are loosing so much money). The Bourse goes live in 3 weeks Feb 08. Who is the US talking of attacking next? Iran. Why? Because of nuclear armed terrorists? Because they hate Jews? NO and NO. The NIE has said repeatedly that Iran has no nuclear weapons nor can create them for at least a decade. Iran has the largest jewish population in the entire middle east outside of Israel. They are going to be attacked because of the Oil Bourse. That bourse is more powerful than 1000 nuclear bombs. All the world economies are going to ditch the dollar and trade in Euro when the option is available, thus crashing the dollar as a currency. Similar to Weimar, Germany post WW1.
The US can't let that happen so t hey are going to sick Israel on Iran, probably via a faked attack on israel, similar to a gulf of tonkin type event. However, this will freeze the markets like a deer in the headlights, and thus crash teh US economy. The US is in a lose, lose situation and it's going to become readily apparent in 2008. The ONLY hope the United States has of weathering this situation is to elect that guy Ron Paul. He's the ONLY one with a game plan that will stop the currency from crashing. Just look at how the Dow did after Bernanke gave his stimulus package talk yesterday. 300 point drop. Everyone knows that doling out beer money to Americans isn't going to fix the complete erosion of the financial underpinning of the US economy from the SubPrime Mortgage Scandal. That is the single largest fraudelent event in the course of human civilization. What's the fed's response? Let's just print more money!! woohoo!! Too bad for them tons of folks are catching on due to Ron Paul educating everyone about economics.
For those of you that think Ron Paul is a wing nut....perhaps go do some research about what the guy is actually saying versus what Faux News spoonfeeds you as an opinion. You are the reason America is going to cease to exist.