U.S. Economy Progressing to Worse Recession and Inflation

re: U.S. Economy Progressing to Worse Recession and Inflation

etaraba — Mon, 20 Apr 2009 17:16:25 GMT

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re: U.S. Economy Progressing to Worse Recession and Inflation

upbeat — Tue, 03 Mar 2009 22:31:40 GMT

Let's speak out and names. The cabal behind every negative thing happening, not only in this country but around the world, can be laid at the feet of the Elders of Zion. They control, the Federal Reserve, the Trilteral Commission, the Bilderberger Group, the Illuminati,the Posse Cama Totus, the World Trade Orgabization, the Council on Foreign Relations. This cabal owns over half the wealth of the world and is aimed at controling the world. It was formed long before Christ. It involves Masonaey and the Vatican which is heaviy invested in the Federal Reserve and claimed not to be a religious order but a military with their own army. Read it and weep. We took too lang to become aware and try to change things. Incidently McCain is a member of the CFR.

re: U.S. Economy Progressing to Worse Recession and Inflation

arysl — Tue, 12 Aug 2008 08:27:41 GMT

FYI

THE FEDERAL RESERVE FRAUD

The first misconception that most people have is that the Federal Reserve Bank is a branch of the US government. IT IS NOT. THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY. Most people believe it is as American as the Constitution. THE FACT IS THE CONSTITUTION FORBIDS IT'S EXISTENCE. Article 1, Section 8 of the Constitution states that Congress shall have the power to create money and regulate the value thereof, NOT A BUNCH OF INTERNATIONAL BANKERS! Today the FED controls and profits by printing WORTHLESS PAPER, called money, through the Treasury, regulating its value, AND THE BIGGEST OUTRAGE OF ALL, COLLECTING INTEREST ON IT! (THE SO-CALLED NATIONAL DEBT). The FED began with approximately 300 people or banks that became owners, stockholders purchasing stock at $100 per share - the stock is not publicly traded) in the Federal Reserve Banking System. They make up an international banking cartel of wealth beyond comparison. The FED banking system collects billions of dollars in interest annually and distributes the profits to its shareholders. The Congress illegally gave the FED the right to print money through the Treasury at no interest to the FED.

The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayers interest. Many Congressmen and Presidents say this is fraud. Who actually owns the Federal Reserve Central Banks? The ownership of the 12 Central banks, a very well kept secret, has been revealed: 1. Rothschild Bank of London 2. Warburg Bank of Hamburg 3. Rothschild Bank of Berlin 4. Lehman Brothers of New York 5. Lazard Brothers of Paris 6. Kuhn Loeb Bank of New York 7. Israel Moses Seif Banks of Italy 8. Goldman, Sachs of New York 9. Warburg Bank of Amsterdam 10. Chase Manhattan Bank of New York.

These bankers are connected to London Banking Houses which ultimately control the FED.

re: U.S. Economy Progressing to Worse Recession and Inflation

ellebean — Sat, 28 Jun 2008 21:54:19 GMT

Jim Rogers of Rogers Holding is my new HERO! Why aren't people who think like this in positions of control for the noble cause of THE GREATER GOOD? Money really is the root of all evil, isn't it? Every time I see George Bush's face, I see a dollar bill, which under George's "RULE" renders the saw buck 'worthless.' This alone speaks volumns about the man himself.

re: U.S. Economy Progressing to Worse Recession and Inflation

HK student — Sun, 01 Jun 2008 09:14:25 GMT

Who needs oil?

www.youtube.com/watch?v=ImGaraPrEo8

re: U.S. Economy Progressing to Worse Recession and Inflation

gollydolly — Thu, 22 May 2008 22:09:58 GMT

Go the website SMWA.org and find the prophecies of Our Lady of the Roses to the seer Veronica Lueken that started in the year 1968 about all the issues you have been addressing. I took off my "rose colored glasses" in the year 1983 via Our Lady's prophecies and since then been educating myself on all these issues. Our Lady predicted a worldwide massive depression and other predictions that have already come about. Go to SMWA.org and you will be amazed when you read that the Virgin Mary, the Mother of God, has already warned us about these economic disasters among other disasters that have occurred since. Thank you

re: U.S. Economy Progressing to Worse Recession and Inflation

fogjan — Thu, 22 May 2008 17:33:16 GMT

Another book to read: FUTURE SHOCK. It's old but also accurate. It doesn't talk about the causes, just predicts the economy and culture in the future, which is NOW.

re: U.S. Economy Progressing to Worse Recession and Inflation

FayeJ — Thu, 22 May 2008 09:44:50 GMT

Never say die.

Thanks to Dr. Mercola for this wonderful site.

As a politically active Canadian it pains me to see my good neighbour under such stress at this time; BUT never say die. The USA has some very politically active persona scattered in the land and if you, everyone of you here in this site, go to your elected official and volunteer to do whatever you can, or will do, it will make your land that much richer and make you feel good. Then persuade your friends and neighbours to do the same! I have been active behind my Member of the Legislative Assembly [Provincial] for years and he has become popular because he is # one; honest and #2; accountable to the people. Because hundreds of volunteers (over 500) helped him, he stays honest and accountable, lol.

My apologies I cannot recall what may be your state legislators other than Governor, but I would think any of your elected official/s you like, would be the person/s to assist.

Think positive. Blessed be.

Cheers, Faye

re: U.S. Economy Progressing to Worse Recession and Inflation

Dena1219 — Wed, 09 Apr 2008 02:52:02 GMT

Now is a good time to stock up on silver bullion while it is not that expensive. We have a long recession ahead, ten years or longer. Gold is okay but silver has a much higher upside and is predicted to vastly outperform gold as far as actual gain in value. The dollar's value is falling while the price of goods, especially food and energy, is increasing. This is hyperinflation. BTW, take physical possession of your silver, store it in a safe or safe spot, and hold it. Do not tell anyone. Good luck.

re: U.S. Economy Progressing to Worse Recession and Inflation

builder7 — Mon, 07 Apr 2008 20:27:34 GMT

All of this already happened before in 1973 to 79 when the arabs had an oil embargo because we were acting like assholes over there again, trying to take their oil and backing the dictators there. That is why the people over there don't like us. Now it is home grown terrorists - the oil companies that are terrorizing American people with high prices that will cause interest rates to rise and people will lose their houses. People don't realize it but in 1973 there were over 2 million starts per year then and this last boom hardly even got back up to that point. So for the last 30 years or so that was just a recovery. If our country was really strong we should be producing 3 to 4 million units a year, but the greedy corporations have lowered the wages so much that a lot of people can't even afford a house. The prices of houses have also been jacked up by speculators, and this isn't the garden variety where a person tries to buy 2 or 3 houses on speculation. If people did buy some spec homes and didn't figure out the correct business costs for this, they don't need to be castigated. Just because a small investor tries and fails doesn't mean that he is bad. The majority of these houses are ones where they have raised the price of the mortgage out of sight for people that are working or the people who built this country, not a bunch of rich leaches sitting on Wall Street. The reason that they are losing their houses is because they are not leaches and the insects control the country now. It is time for real Americans to take back their country and quit listening to this bit by these people who were born with a silver spoon in their mouths and don't have any respect for people at all.

re: U.S. Economy Progressing to Worse Recession and Inflation

eauboy — Mon, 07 Apr 2008 12:41:26 GMT

Good stuff curious7. Just one comment people need to understand. The U.S. is not a democracy...it was formed as a Constitutionally Limited Republic. Even the founding Fathers were against democracy. In its true form, democracy is simply mob rule. Once a majority takes control, nobody elses views and ideas are accepted. This again, leads to tyranny. Whoever leads the mob, has power over everyone. You'll note that in neither the Constitution nor the Declaration of Independence is the word democracy found. The Constitution protects the rights of everyone, including minorities, preventing a "mob rule' situation. The Constitution also limits the powers of government specifically to those explained in it. Unfortunately, government (as Jefferson warned) has and will find ways to increase their powers. As a virtually non-vigilant public, we have allowed (most haven't even noticed) the continued loss of liberties.

re: U.S. Economy Progressing to Worse Recession and Inflation

LadyPam — Mon, 07 Apr 2008 06:59:43 GMT

One thing is wrong in the article: the super rich are NOT suffering. Rolls Royce still have the longest waiting list for new cars that they've had in years. There is an actual shortage of fancy hotel suites in Barbados, Mauritius, and other playgrounds of the priveleged and uncaring - they're all off playing and waiting out the storm! Then they'll start buying failing companies at knock-down rates and make their next few billion.

The last time we saw massive fortunes like this made was in the Industrial Revolution. A top banker earning $3mln a year used to be a huge deal but suddenly there were guys earning $100mln. It used to be normal to charge around 1/5% of the profit, but these private equity and hedge fund groups offered gigantic profits and charged 20% commission!! Usually in addition to 1 or 2% for just managing the funds (so they could make mistakes and still take home loads of cash). And if one fund failed they had enough contacts, enough greedy acquaintances to start up new ones. It's buying up and repackaging business for obscene profits.

The big banks wanted a slice of this so set up similar deals to attract/keep whizz-kid employees. In a rising economy, the more you leverage the more profit you make so everyone was borrowing like crazy and banks needed cash to satisfy the market. With interest rates set even lower by the US post 11 Sept,, there was less in savings accounts. So they went after the subprime market; then repackaged those bad loans and sold them as 'triple A' rated investments!!

We had mistaken souls saying "Yay! Free market!" and regulators helping. Of course governments had to help when it went wrong, partly to prevent the catastrophic social consequences but partly because decision-makers had THEIR money invested in similar funds.

Damien Hurst's "For the Love of God" artwork - real skull encrusted with 8,601 diamonds - is a real sign of the times.

re: U.S. Economy Progressing to Worse Recession and Inflation

Fenderman — Sun, 06 Apr 2008 18:45:26 GMT

Since we're blaming some of this financial mess on past presidents (and rightfully so), let's not omit the prime offender....JIMMY CARTER. It was Carter who forced the banks to accept bad-risk home loans to people who could not afford them.

re: U.S. Economy Progressing to Worse Recession and Inflation

BubbaJ — Sun, 06 Apr 2008 13:30:25 GMT

I know what you mean dianekh! Darn that Fox News for giving us the otherside of the story. Can't have that now, can we? There's only one side and that's the liberal side. Right on, sister!

I am sick and tired of hearing about all those poor people losing their homes. There are people in this mess who were taken advantage of, but the majority of them gambled on home prices rising and they lost. They knowingly bought homes they couldn't afford because they were greedy. How about all the flippers who got caught in this mess? Do you want your tax dollars to go to bail those people out too? Our government is going to step in and reward people for irresponsible behavior and the people who acted responsibly by only buying a home they could afford will get screwed. Let's talk about all those bleeding heart politicians complaining and demanding that banks make it easier for high-risk borrowers to get loans. Those same politicians are now complaining that those same banks took advantage of people.

There's plenty of blame to go around here, but let's stop pretending that all of the people losing or getting ready to lose their homes are innocent victims. I only have compassion for the few who are, but most are not! You don't have to be a rocket scientist to know that an ARM is a risky loan and that housing prices couldn't keep rising forever. What goes up, must come down!

The government should stay the heck out of it and let the market readjust on its own. The only thing they should be doing is encouraging banks to renegotiate loans for some of the people caught up in this mess. I'm sure Ron Paul would agree.

re: U.S. Economy Progressing to Worse Recession and Inflation

Be aware — Sun, 06 Apr 2008 11:22:28 GMT

The American Government is running your economy into the ground. Is this to gain support to have open borders with Mexico and Canada? You need a workforce with and aging population (Mexico) and Canada for wealth and oil. A union like the European union?? The Amero currency has already been conceived. Look up the Amero on www.youtube.com. Also look up the real reasons your government is running your economy into the ground.