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Nominal vs. Real Dollars

July 11, 2011 by  

Nominal vs. Real Dollars

Nominal dollars are the everyday paper dollars that we think of and call money. These dollars change every day (depreciate). The value of these dollars goes down constantly as the money printers continue to debase our currency.

The point is that Americans don’t know the difference. They don’t know that their savings and their retirement are being destroyed, and they are being systematically impoverished by depreciating or debased nominal dollars. If this is not all important, I don’t know what is.

Nominal dollars, or depreciating currency, are destroying America. America is a giant Ponzi scheme, no different from Enron. As with Enron, we are locked into an economic death spiral. The U.S. national debt will never be paid off.

Nominal depreciating paper money dollars are by default headed for the same trash heap of the rest of the unfunded paper money.

The few who wake up to the real world begin exchanging their depreciating paper money for gold and silver and Swiss annuities (Swiss francs). They also buy value gold stocks and other stocks that go up as un-backed paper money depreciates.

Most people think that a dollar is a dollar. Not so. Today’s dollars (nominal dollars) are quicksand money that financially destroys all who trust it.

Those unaware of the inflating debasing nature of nominal dollars live in a fickle and imaginary world. They believe all is well and all is safe. They are further deceived by rising stock prices in nominal dollars. One can be up 100 percent in a stock portfolio but still be losing in real dollars — very deceptive! How many investors in Warren Buffet’s famous Berkshire Hathaway realize they have been losing in real dollars for years? I don’t believe they mention this in their sensational annual reports.

Look at the nominal dollars in your pocket. They are nowhere near the value of the dollars you had as a child or that you have under your mattress.

We have had paper money since 1913, and most of that time it was being debased (inflated). Now it’s at a 92 percent loss. We are only as rich or as poor as the purchasing power of our money.

Have you ever wondered why banks and politicians love paper money? Because they profit from it!

All modern money is nominal dollars. Look at the money in your pocket or your savings account or your retirement. You are being deceptively impoverished, and the fact that you are unaware of it makes your eventual impoverishment certain.

What can we do? Until there is a change in the monetary regime of the United States, we must get out of U.S. dollars as much as we can. Buy farmland, buy food to store, buy gold and silver, buy the Swiss franc via Swiss annuities.

Call 242-353-4261 for a free packet on Swiss annuities. You may also write to: SA Information, P.O. Box F-42657, Freeport, Grand Bahama, Bahamas 99999.

Since we expect inflation (now visible), we also buy fertilizer and pesticides ahead. We fix things that need repair.

We predicted that the money printers would pull us out of the 2008 financial collapse at least one more time. Well, the indicators tell us they are doing it, at great cost to the value of your dollars.

In this inflating economy we could have a skyrocketing Dow Jones, but that will create deceptive losses in nominal dollars.

Take caution for a possible deflationary shock. Nothing goes straight up or straight down; and sometime in the near future, we could have a bone-crushing deflationary shock for a short while. I expect it.

Therefore, keep some cash (you be the judge of how much) to tide you through. You will need it.

If we understand nominal dollars vs. real dollars, it will absolutely change the way we think. They are not the same.

Bob Livingston

is an ultra-conservative American and author of The Bob Livingston Letter™, founded in 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

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  • Dan az

    It looks like if the congress cant get it together on the debt limit then obumer will use the 14th amendment to go around them.Just what we need print more money and to hell with everyone else.Thats the plan and he’s sticking to it.Whats the dollar worth now 5 cents I just can’t imagine what it will be worth then.

    • http://foundersrevolution.blogspot.com patriot1776

      The fourteenth amendment is so misunderstood, misconstrued, and misinterpreted! It drives me crazy to hear them talking about bypassing congress by use of an amendment that was ONLY meant to keep the States from not giving the newly freed slaves due process! All the forteenth was saying is that the slaves weren’t getting due process by the States…… so give it to them….thats it! It wasn’t meant to “incorporate” the first ten amendments AGAINST the States, or give the Federal government any new powers to bypass congress. This is one of the most eggregious and erronious attacks against our liberties that the Federal monster has come up with.

      • DaveH

        They’ve been doing that, Patriot, since our country began.
        Jefferson knew that “The natural progress of things is for liberty to yield and government to gain ground”.
        I keep hoping that the Internet will enable the masses to become more aware of that fact. And we need to do everything in our power to keep the Government from using one excuse or the other to get their foot in the door of our Internet.

        • denniso

          Bob Livingston says that America is just another ponzi scheme? Since money depreciates we should get out of dollars and into metal,land,etc? It sounds like he is decrying the very system he promotes, CAPITALISM. The very nature of capitalism is that price inflation is a constant factor if the market can support it. Sellers are always trying to push up their prices,look at the oil companies,and when the demand or monopoly will bear it,they do it. People who can afford to invest stay ahead of inflation by getting higher interest return compared to the rate of inflation. It generally works for those w/ enough money,but not for the typical working man/woman who just earns enough to get by…which is why we have gov’t pensions and social security and medicare,because capitalism can’t work for the vast majority of working people who never make enough to stay ahead of inflation.

          Inflation is an inherent part of capitalism,just as much as supply and demand are. Gold backed money would not change that,it would only keep our economy from expanding as it can when the economy is good.

          I guess Bob has forgotten that millions of people were invested in ‘real’ property rather than dollars before the crash,for the very reasons he suggests now,and the rest is history. The economy cratered and was amplified by the housing bubble,which was created by the people fleeing dollars. The same can happen,and has to a degree,w/ land,which again, is ‘real’ property.

          The same thing has happened, and will again, w/ gold/silver.
          Bob seems to forget

          • FreedomFighter

            you sir are a liar:

            Definition of Capitalism
            “Capitalism” is conventionally defined along economic terms such as the following:

            An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market.
            Source: Dictionary.com

            This is an example of a definition by non-essentials. An essential definition of capitalism is a political definition:
            Capitalism is a social system based on the principle of individual rights.
            Source: Capitalism.org

            In order to have an economic system in which “production and distribution are privately or corporately owned”, you must have individual rights and specifically property rights. The only way to have an economic system fitting the first definition is to have a political system fitting the second definition. The first is an implication of the second. Because the second, political, definition is fundamental and the cause of the first, it is the more useful definition and is preferable.

            Because people often use the term “Capitalism” loosely, “Laissez Faire Capitalism” is sometimes used to describe a true Capitalist system. But this phrase is redundant.

            It is important to define “Capitalism” correctly because a proper definition is a prerequisite to a proper defense. Capitalism is the only moral political system because it is the only system dedicated to the protection of rights, which is a requirement for human survival and flourishing. This is the only proper role of a government. Capitalism should be defended vigorously on a moral basis, not an economic or utilitarian basis.

            Laus Deo
            Semper Fi

          • Old Henry

            Denniso:

            Bob’s suggestion was to buy FARMLAND. That way you can gorow your own food and / or cash rent the land for income or barter for other goods.

            All you have to do is logically look at what is going on with our monetary system to know it is headed for the cliff. I think Bob meant that America’s money system is a ponzy scheme, not or system of government.

            The housing bubble was mostly caused by criminals like Frank and Dodd forcing banks to loan money to people who could never pay it back. Then the rug was pulled out to cause the crash at just the correct time.

            Buying houses of over-inflated prices was / is a bad idea, just as buying precious metals at over-inflated prices is a bad idea.

            The difference is that you can dollar cost average into metals, but not into houses.

            Precious metals are, and have never been, worth zero. A lot of stocks have been, and will be.

            Bob did neglect to mention investing in another good metal to have ample suplies of – lead.

          • http://www.boblivingstonletter.com/ Bob Livingston

            Dear denniso,

            Rising prices and inflation are not the same thing, and capitalism is not responsible for rising prices. Prices can rise and fall based on supply and demand. In a hard money economy, as more money is used to purchase a particular good or service, the price will rise. But since that money is no longer going to other goods and services, the price of those goods and services will fall. In a fiat money economy, all prices rise as more dollars are chasing the same goods and services.

            Inflation is not a rise in prices. Inflation is the increase in the money supply which dilutes the buying power of each dollar. As the supply of fiat dollars increases it takes more and more to buy the same product. Here is an analogy for you: Take a glass of milk and begin pouring water in the glass. Eventually all the milk will be gone and you will have only water. This is the same thing that is happening to our money. We started with a dollar backed by gold. The Fed began pouring fiat dollars in until the gold-back dollars were completely gone. Now all we have is water.

            Look at it another way. If you took a Federal Reserve Note $1 bill you got in 1963 and put it under your mattress, you would have lost 95% of its value. In 1963 that note would have bought 20 hershey candy bars or four gallons of gas. Now it will buy one hershey candy bar or about one-third of a gallon of gas.

            Best wishes,
            Bob

            P.S. You are in a good place to learn what inflation truly is. Use the search term at the top of the page and type in the word “inflation.” You can also go here: http://mises.org/daily/908

          • denniso

            Bob…Rising prices can come from demand,monopoly or panic…the price of food goes up because we are worried about the state of the world and then suppliers have the chance to raise prices. Everyone in a capitalist economy wants to raise prices anytime they can because everyone wants to make more money and get ahead of others and rise to the top…so any chance any seller gets she raises prices. If the market will bear the rise for whatever reason then the increases can sustain,and even continue…if things cost more ant the currency is stable then you have a certain rate of inflation. Sure,a growing money supply w/ no basis to it can cause inflation,but you can’t have a growing economy and population w/o a growing money supply. A floating currency gives a modern,hi tech,superpower economy the flexibility to adapt to quickly changing circumstances at home or abroad.It was never designed to steal from the common man but rather to make our economy function better and be able to essentially grow more wealth for more people in society.

            Why does Freedomfighter chose to call me a liar? Because I recognise that capitalism and ‘free’ markets have inherent problems/flaws and need human control and regulation? Unless we are willing to drop wages to third world levels,capitalism on it’s own can never put everyone to work and will never remain stable for long w/o controls.All you have to do is look at history to know that.

          • DaveH

            Denniso,
            I think FreedomFighter is wrong to call you a liar, as only you know if you are purposely trying to mislead others. I think the more likely scenario is ignorance on your part.
            Read this book (FREE). If you read it and you still are spouting your nonsense, then I will have to apologize to FreedomFighter, because then it will be truly obvious that you are purposely trying to mislead others:
            http://mises.org/books/Rothbard_What_Has_Government_Done.pdf

            By the way, there has never been a “monopoly” in this country except those guaranteed by Big Government.

          • Void1972

            denniso
            I guess you haven’t noticed that we are no longer a capitalist society. America is currently under a socialist government, leaning way way to the left, and on it’s way toward total communism. You have the fanatics in congress and the obamanation to thank for that.
            I know you are enjoying living off our hard work, but the end is near for you.
            Stalin murdered over 22 million of Russian scientist, teachers, lawyers, judges, and the useless of society. Much like yourself and those like you.
            Don’t expect those of us who produce in our country, to help you out when the time comes. We will be busy fighting for Americans.
            God Bless America, and those who fight for her!!!!

          • http://www.boblivingstonletter.com/ Bob Livingston

            Dear denniso,

            I see that you still do not understand what inflation is.

            Best wishes,
            Bob

          • TIME

            Bob,

            Saddly dennisO, will never get it as he is what I call dead from the shoulders up. So to compute logic, grasp theory, or think in an indepndent way by critical thinking would be totaly out of the question. He saddly is little more than a SPINNING MSNBC, CBS, ABC, NBC, CNN, HLN, ZOMBIE.
            Saddly we have nearly 40% of the US population that are in his boat.

            And by many of his post in the past he also suffers the same effects that that 40% also suffer, “ENVY” of anyone who’s made it.

          • denniso

            Dear Bob…you say that capitalism is not ‘responsible’ for rising prices? Rising prices are an integral facet of capitalism,just as supply and demand are. When we have growth in demand prices rise because the suppliers can do it and the market will bear it because of the increased demand. If more producers come into the market or produce other options then the price can drop back down,in the long run. If there are monopolies and price fixing then prices will of course go up. Is it not part of capitalism that a monopoly can develop and unless the gov’t prevents it prices will increase and quality will drop? If you believe in absolutely ‘free’ markets w/ no gov’t intrusion or controls then you would have to believe that the markets will work everything out in the long term and police themselves to prevent monopolies and consolidation. No study of history shows that to be true or possible. People like DaveH,who seems to think we have had no corporate monopolies,are apparently blind to the history of capitalism.

          • Brian

            Denniso,
            You weren’t paying attention during Econ 101, or did you even take the class? Inflation is NOT an inherent part of Capitalism. Inflation is caused by increasing demand or decreasing supply of a given item. In a purely Capitalistic system (none exists on earth at this time, not even here in the US) prices tend to stay stable barring problems in obtaining raw material. The problem today is that the Federal Reserve has VASTLY increased the supply of money (through ‘Quantative Easing’ parts I and II). Thus we have trillions more dollars chasing essentially the same amount of goods. Expanded money supply causes an increase in demand for all goods and services which results in spiking prices for those goods and services. This is the MAIN cause of the general inflation we have experienced in the last few months.

          • denniso

            Brian, I’ve got a minor in Econ…you?? There is no such thing as perfect or ideal capitalism where supply always meets demand and resources are always at hand to produce products quickly to meet the demand. Markets are never totally free…monopoly,collusion,etc. The largest have the power to squash the smallest in the interest of maintaining their market and price structure.
            Sure,in a theoretical capitalist system that is totally free,w/ no restrictions on raw materials,no limitations on commerce at all,no borders,no tarrifs,no gov’t involvement at the behest of corporations w/ political clout,perfect information and communication…supply can match demand and prices can remain stable. But just like the purity that the tea party demands,that sort of capitalism is a myth that never has and never will exist. Prices rise on average in every functioning capitalistic system in the world,whether under a ‘hard’ currency or paper dollars.

        • steve

          Hello Cloud…the Bilderbergs answer to silencing the internet….

    • Al Sieber

      I think the dollar, which is really a Fed. Reserve note is worth about 2-3 cents Dan.

      • Dan az

        Hey Al
        I think that at least they provided the TP that everyone needed,I used to worry about that allot.Its funny it reminds me of that story some one left here that when some guy left his wheel barrow full of money out side of a store,and came back to it the money was on the ground where the wheel barrow used to be. :)Funny but its the Sad truth! ;(

        • Al Sieber

          Dan, they used it for wall paper and to heat their homes, and the kids made kites out of it also. ( the German Mark)

          • Old Henry

            Al:

            A couple of weeks ago I read an article about the 1932 Hoover / FDR campaign and the tactics used by FDR to defeat Hoover. It also discussed how Hover had gone overboard with government and taxes after the crash.

            It then discussed how FDR had made Hoover look like a piker by comparison.

            It sounded all too familiar to 2008 and Soetoro v Juan and now what Little Barry is doing once in power.

          • denniso

            Al Seiber says that the dollar is ‘worth’ about 2-3 cents?? So, how is it that most people w/ a job can go out and buy a $25,000 car and afford it? Is that car really only worth $500??

            You people need to learn some economics! The currency is worth what it will buy! A working family can buy a 3BR home,a car and afford to raise a couple of kids. True,the wealthy have been sucking up more of the total wealth and many working people are struggling due to relatively low wages compared to the price of goods,but most can live a normal and decent life,all on the dollars they earn at work. If the rightwing weren’t fighting tooth and nail to keep wages low and doing their best to bust unions,the working American would be doing better.

        • Old Henry

          Dan az:

          I heard a comment last Friday morning on a talk show out of Chi Ka Go by a guy who brought up the 1920s Weimar Republic and the wheelborrows full of money. He suggested buying stock in companies that namufacture wheelbarrows in the U.S.

          • Dan az

            Old Henry :) I think he’s right!

          • Chris

            Unforetunately, we probably don’t make them here any more!!!

        • Al Sieber

          Dan, Henry, and Dave, when they raise the interest rates, it all over. Dan and Dave what do you think about martial law in Quartzsite?

      • Dale

        The Federal Reserve is noyhing more than a World Class Ponzi Sceam. Concieved by John D. Rockiffeler and M. Rothchild and a few others. Go to http://www.federal reserve bank washington dc, Then type in the serch federal reserve fraud. there are quiet a few articles on the subject.

    • DaveH

      Dan,
      If he does that, he will be putting his head on the chopping block, because the vast majority of mainstream Americans do not want the debt ceiling increased:
      http://www.reuters.com/article/2011/01/12/us-usa-poll-spending-idUSTRE70B38620110112

      • FreedomFighter

        We all are living in historic, yet evil times. Powerfull men bent on world domination topple countries, cause unrest and chaos to be able to offer a NEW WORLD ORDER to the frightened and hungry.

        Realize this, prepare, resist for the order they want is slavery of mankind. The order they want involves the death of billions so that a more manageable and sustainalbe world can me ruled.

        Do your research, its what the NWO preach.

        Laus Deo
        Semper Fi

        • JUKEBOX

          The tragic reality of this scenario is that we do not know who the REAL powerful men are that are promoting this NWO for domination. We are warned of what is happening in Revelations, but most people today believe evil is good, and goo is evil.

        • Elevenarrows

          I agree. As a farmer, I used to enjoy reading Mother Earth News. After becoming increasingly disgusted at their promotion of population control, I have refused to give them another penny…even when they tempt me with seemingly good articles. You should read some of the dangerous mentalities voiced by Mother Earth and her readers. If they had their way, we would all just kill ourselves and leave the earth “unmolested”. Until consumers/patriots show by our actions–such as boycotting such nonsense–that we are tired of the tyranny of the minority, nothing will change. We have to hit them where it counts: in the pocket books.

          • Dan az

            Elevenarrows
            I saw the same thing and gave it up to.I used to read them back when they first started and they where really helpful but they turned to be the most liberal rag that I ever read today.Its a shame to see such a good thing turn to what I wouldn’t use for TP.If you find another one thats still good please post it I really miss the old ones!

          • Old Henry

            Elevenarrows:

            And the Lord said: “Be fruitful and multiply”. He gave man dominion over the earth, but He is still in charge.

          • DaveH

            Eleven,
            They need to set an example for us by taking themselves out first.

        • Old Henry

          Very well put FreedomFighter. Very well put.

          I have a tear in the corner of my eye as I meditate on your words in relation to my three young grandaughters, my daughter and my son.

          However, FreedomFighter we must NEVER forget (and it’s easy to do) that God Almighty is still in charge.

          • herman hootenholler

            old henry…what’s the problem? overpopulation is the 800 pound gorilla that everybody tap dances around. billions may/will/can die or be killed & god will still be in charge…what’s your point? in the end all the good ideas/solutions will mean nothing. ALL IS IN VAIN!

        • Void1972

          FreedomFighter
          I agree, but unless we organize, we will not stand a chance.
          The new communist in America are very well organized, as a matter of fact, they got one of their own elected President a few years ago.
          SEIU, Teachers Union, ACLU, ACORN, CONGRESS, CFR, Fed Reserve, These are only a few of the communist organizations in America today. These are the evil, anti-Christ, anti-American scams that must be boycotted and fought against.
          Unless we get all real Americans fighting for the same cause, we will lose our beautiful Nation.
          Divide and conquer has been the ploy of the communist to defeat America, now we must use come together and defeat those who will do great harm to us.
          Fight for America, for our family and for our freedom.
          God bless America, and those who fight for her!!!!

      • Dan az

        Dave
        I find it amusing that they wont cut the size of the gubmnt but pass it on to the taxpayers instead.The fact that they could give up 2.1 million employees that are so called non essential jobs that alone is worth more than what they plan to take from us.I also think that closing the 800 or so bases around the world would cut there spending by another trillion would also be more than what they have suggested.But hey I’m know yale or haaaavard gradueate so what do I know?Booner is going to do what he is told to so know matter what we think its just not going to bewhat we think they should do.Were screwed and all we can do is hope we survive to vote in 2012 if there is another election.I think everyone here should check out this site to see who we need in to help stop this crap because its going to take more than just Rand and Ron to fix this corruption.
        http://libertarianparty.org/candidates-11

        • Old Henry

          Dan az:

          Thanks for the link. I chcked it out and saved it to my Favorites.

          I also sent it to a lot of other folks via email.

          • Dan az

            Old henry
            Your welcome,I just hope allot more will do the same!

          • Old Henry

            Dan az:

            The biggest avalanche begins with a single snow flake.

    • DaveH

      And look at this poll to see the vast disconnect between the Political Class and Mainstream Americans:
      http://www.rasmussenreports.com/public_content/business/credit/july_2011/23_confident_policymakers_know_what_they_re_doing_about_the_economy

      From the poll — “Seventy-five percent (75%) of the Political Class is confident U.S. policy makers know what they’re doing when it comes to the nation’s economic issues, while 85% of mainstream voters are not”

      By deduction, that tells me that at least half of the Republican Leaders think our Government is doing right. We need to lose that half in the next election (and most of the Democrat Leaders).

      • JUKEBOX

        The number “1″ user of evil corporate aircraft in the world today is BARAK HUSSEIN OBAMA. How’s that for the epitome of duplicity and hypocrisy?

        • Old Henry

          JUKEBOX:

          You mis-spelled duplicity. It’s actually o-b-a-m-a. LOL!

      • Old Henry

        Good link DaveH.

        While reading it I could only shake my head, but then I came to the realization that ww need to keep in mind who the plitical class is and then all the wonderment at their absolute arrogance vanishes.

    • Old Henry

      Dan Az:

      I read an article over the week end on the internet that what the liberals are “ignoring” and “neglecting” to mention ts the 14th’s Section 5 which gives Congress the power, not the Executive.

      The 14th was enacted to ensure that the United States’ debt sevice is paid BEFORE all other expenxes..

      There will be no defalult. The libs and MSM saying there will be is a lie – plain and simple.

      • Dan az

        Old Henry
        I read that too and what it does is lets him print more funny money,So we loose big time!

        • Old Henry

          Dan az – Der Fuhrer can’t print money. That is Helicpter Ben’s duty.

          I think Little Barry can only appoint the Ded Chair. Ah yes, now the light went on….

    • EddieW

      Obozo, our Liar in chief goes around Congress on everything he wants to do….His Lawyers told him NO on a few things, he went around them, and committed yet another FELONY…but then…he is above the law!!! NO ONE will intervene!! Think we should dump congress and save a ton of money!!
      AS OUR MONEY Crumples to nothing, Obozo and Congress took away our ability to buy and sell gold and silver…trying to force us to lose evertything by keeping only paper fiat money!! They have BETRAYED us again!!!

    • refuse2lose

      Maybe Americans would be a little more ticked off at their federal government if they knew that the USA was actually a CORPORATION….. yeh, that’s right. In 1871 congress passed the DC act which basically incorporated the country and gave foreign bankers the keys to the coffers. When you get a chance, look at your drivers license, social security card or birth cert….. your name will be in ALL CAPS. This is for a reason, I will let you find out why.

      • eddie47d

        Isn’t it a Corporate Republic?

    • mark

      Right Dan, the dollar is worth 5 cents now. So send me $10,000 of your dollars and I will double that rate. I will give you 10 cents on the dollar i.e. $1000 of my dollars for $10,000 of yours. This is a way to see if you really believe what you say, that the current dollar is only worth 5 cents. Don’t forget I will double your estimate. In fact send me all your money and I will give you 10 cents on the dollar for it.

      • Dan az

        Mark
        No problem just give me your address I’ll be right over dude.

  • s c

    Our heroes are dead, and our “leaders” are scum.
    That, children, is why Big Pharma makes drugs like Prozac and Thorazine.
    Are there any progressives left who can DENY that our government has been actively engaged in the destruction of the dollar and the nation since 1913? Was that good for THE CHILDREN? Should those who engineered this insanity be looked at as saviors or what they reall are?
    America has devolved into a country where it’s ‘wrong’ to care about tomorrow. In effect, our ‘leaders’ don’t care about us. They don’t care about our kids. They’re too damned dumb to care about themselves. In the end, they’ll claim they were just doing what they were told to do by America’s “gods.”
    That and $2 might get you a cup of coffee, assuming that the dollar is worth anything tomorrow. But Don’t bank on it, children. Soon, we’ll see what human-engineereed absolution is really worth. How many of you know that our peddlers of absolution have been in bed with the government for years? So much for absolution.

    • Warrior

      I say send Sec Timmy all the Monopoly money in your closet with a note to forward that to uncle ben. Print worthless paper and we’ll pay you back in kind.

      OK then, today’s lesson is Who thinks the guvmint can spend its way to prosperity?

      • Dan az

        Worrior
        I like that plan but I think the monopoly money has more value than what we have now from the feds.I would be in jail for writing checks that I didn’t have the money for so why is the gubmnt doing it and getting away with it.Oh ya they make the rules.I think I better go down and counterfeit some more hundreds if they can do it I should be able to! :)

        • mark

          No U.S. money has a lot more value than monopoly money. Try buying a car or a stereo with monopoly money. Monopoly money has no value except in the Milton Bradley game. The U.S. dollar on the other hand is worth 70% of a euro which is pretty good. The euro is from that horrible socialist nightmare called Europe where the currency is stronger, people live longer, have better health care, higher levels of education, can speak four of five languages as opposed to half a language over here. They also understand math in Europe. And if you put fake gameboard money in front of them and U.S. dollars, Europeans know that the U.S. dollar is worth a tremendous amount more.

    • TIME

      SC,
      Where do you find a two buck cup of Joe anylonger?

      Saddly with nearly 43% of the US popluation on some form of Government aid. Let alone our Government giving aid to how many nations that hate us and we do this to the tune of nearly $1 Trillion dollars per year.
      BTW, We are getting loan’s to do that.
      Please anyone tell me why that is? As in why should we be getting money on loan to pay nations that hate us, where’s the logic in that?

      Yet thats what our government thinks is within reason and oddly many citizens do as well as they have bought into the LIE hook Line and Sinker from their daily dose of MSNBC. So where’s the logic in that?

      We have real UE numbers of nearly 22% based on the truth, not the rhetroic the media spins daily of 9.31% or whatever.
      The facts are really quite clear that we have an easy 12% plus that have just stoped looking for work and went on Government Aid.
      Just look at the GA numbers they have all most doubled in just two years. There are More people are on Government Aid than in all of this nations history.

      This year alone in the United States of America a crazy number of people homes have lost anywhere from 10 – 25% of the valve of the noted home.
      Yet Tax’s have gone up anywhere from 10 – 40% on these very homes thats value is dropping like a rock on. Where’s the logic in this?

      This year alone, 1 out of every 8 people who own a home have lost their home as it was forclosed on for not making payment’s on their loans.
      By this years end 1 out of every 9 people who own’s a home will losse their home for not paying their Property TAX’S.
      There are over 1.6 million people that have not paid their home loan payment in the last 12 months. What do you think the end result will be?

      How long before they become numbers on the GA rolls?
      Any of you that have a brain know the numbers you get from the Government and media are never accurate and always are adjusted to fit closer to whats really going on long after the total BS has been posted. In many cases as long as a full year after.

      So whats your dollar really worth today?
      Well how much is a piece of paper with some ink on it really worth? Would you buy a used piece of paper that had ink stains on it? If so what would you pay for it?

      People wake up, if the worlds Wealth is just $68 Trillion dollars, and we have (outstanding UN funded debt’s) even the lower amount of $120 TRILLION dollars, where’s the money going to come from to pay that $120 Trillion Dollars? Do the MATH, its not possible.

      We need to cut spending by 2/3 of what our Government spend’s, and we need to get business back in this nation to create jobs.
      Thats never going to happen when business are TAXED and Regulated to death. Oh and if you think that Business will pay for less health Care at a higher cost, also known as Barry Care. Get real people just one more reason why we are headed in the wrong direction very fast.

      • Al Sieber

        TIME, it’s all over but the crying, and the suicides.

        • Dan az

          Al
          Hopefully that should make it easier for the libertarian votes because of the losses in the democraps do to suicides. ;)

          • Kate 8

            Dan az – Steven Quayle was on the radio last night. He’s written many books exposing the dark forces who control things.

            Anyway, he said a ranking military officer warned him about talking too much…he said that everything we hear, for good or ill, is controlled information. The PTB are not happy that we are getting other info from people like Quayle.

            Stephen said that the man got choked up and said, “I can’t stand it. They have plans…”

            We are very close to incited violence here in the US. The thugs are armed by our gov’t, not with just AKs but with anti-tank guns and rocket-launchers. He said it will begin soon…most likely fall.

            The PTB want NWO operational by the end of 2012. It’s already well organized and ready to roll.

            Are we?

          • Karolyn

            Kate – As you know, I have a problem with this line of thinking. My question is if this scenario is such semmingly common knowledge, why wouldn’t people like Ron Paul and any other good politicians, but especially he and his son, come out about it? Wouldn’t that mean that they are ALL in on it? I mean, if nothing else, I’m sure they’ve all heard about the FEMA camp rumor and others online. They don’t live in a bubble. Well, they do, actually, but not an information bubble.

          • Kate 8

            karolyn – Fine. Think what you want.

            You don’t seem to get it. Information is CONTROLLED. Ron Paul is still mainstream enough to be included in that.

          • Dan az

            Kate
            Whats theirs is ours no need to explain.The fact that a bunch of street gangs and acorn thugs think they can fight against seasoned gorilla fighters is a joke at best.They haven’t a clue what they are about to step into.I do agree this is it and its time to take a stand.And i try not to say to much here or anywhere else.I just ran a scan that took all day on my computer and found that they or someone was trying to knock it out.They failed so I would advise to start a deep scan at least once a week.

          • Kate 8

            Dan az – My security scans every night, but I still have been having a lot of computer problems lately. I’ve wondered if it was, you know…

            We may be able to cope with the streeth thugs and ACORN. It’s the well-armed foreign nationals hell-bent on taking us over that concerns me. They have been quite open about wanting to get rid of Americans, especially white Americans. And with our own government backing them…and the UN troops…and our own military being slaughtered in foreign lands…

            I’m telling you, Dan, I have a great sense of unease. The PTB are preparing to go into their bunkers.

            Street violence doesn’t just happen. It’s orchestrated, and has been in every country, right on cue. There are cells set up to respond to code words that go right over our heads.

            I know I’ll get a lot of flack from those who label me paranoid. How anyone can be aware of what’s occuring around the world and still think that…

            We are receiving warning from every corner. I’m quite sure that much of it is psy ops, intended to make us think it’s hopeless. But history attests to the fact that there is a carefully unfolding plat afoot, laden with symbolism, and if we can grasp the symbolic implications then we can use that to predict what’s coming to some degree.

            There are also many things that we are NOT being told that are bigger than what we’ve been able to figure out.

          • Kate 8

            Dan az – BTW, I’m uneasy about saying too much, too. But then, as the host on last night’s radio program said, I’d rather go down standing for something than cower in a corner waiting for whatever comes…or something like that.

          • Al Sieber

            Kate, I heard it, very interesting. we need to prepare.

          • Kate 8

            Al – I’ve wondered if anyone else listens to C2C.

            Ususally I can’t stay awake for it, but sometimes there’s a show, like this one, that keeps me up all night!

          • Dan az

            Kate
            We are the only resistance with our words being spread and we are being attacked because of it.What I wont say is the only thing that might get me jailed or worse but I do spread it around to those that matter.I believe that we are still 300 million strong and even if half at 150 million stood up to fight that the UN forces are only 3 million in a country that they can’t take with force.Like they say blue helmets make great targets.
            I did read that there was a high up military guy that was warning everyone to watch out because its going to come allot sooner than expected.Possibly this fall and I believe that too.I can only say that its going to be bloody and allot of us are going to die stand up.But we will win because we are on the right side.

      • JUKEBOX

        How many people realize that of the millions of unemployed people, 45.1% have been unemployed for over six months? That is far worse than during the GREAT DEPRESSION. Also the government figures of 9.3% unmployment are most likely underestimated by over 50%.

    • Vagabond

      sc you say our heros are dead. TRUE. our leaders are scum. sc. we dont have any leaders. there is our BIG problem. you say they are dumb. well dumb is not knowing any better, they know better. therefor that makes them just plain STUPID. but of course they are convinced we the people are stupid. and the election of 08 proved the majority of the people are STUPID. I hope and PRAY there will be enough people with a live brain in 2012 to help us get a President that will sweep the GARBAGE out of Washington,

      • Al Sieber

        I believe the next election has already been decided.

        • Angel Wannabe

          Al_ If in fact THERE IS an election?! I’m concerned about false flag & for Bam Bam to incite Marshal Law & thus stop the elections.

          • Dan az

            Hey Angel
            You and me both!!!

          • mark

            I agree President Obama will definitely cancel the 2012 elections that he knows he will lose, just like he cancelled the 2010 elections that he knew his party would lose. I mean, there’s your proof! That is why the Democrats now control the House of Representatives and Nancy Pelosi is still Speaker of the House because Obama together with our traitorous military overthrew the Constitution and cancelled the 2010 elections. Don’t forget he also arrested all the members of the Supreme Court also! I mean we all have crystal clear proof of that as well. And Obama took away every single American citizen’s guns. We all have absolute proof of this also. No American citizen today owns a single firearm. I agree with you guys and all of your strong proof-based arguments.

          • Al Sieber

            I believe that Angel.

          • mtgalinct

            I keep telling people that this guy is ACTING like a king or dictator so why would we think he is leaving? Of course, they look at me like I have three heads . . . You know, the Constitution is just a piece of paper with ink on it too, and old, too old, if you listen to the libs. So, why should we worry about abiding by that old thing? God help us.

          • Old Henry

            Mark, Mark, Mark, The 2010 elections did not directly affect Little Barry. Plus he was pretty sure they would still control the Senate thru their criminal voting activities.

            To him the 2010 election was just a bump on the road to use some of barry’s vernacular. Those who lost were just collateral damage to him.

            He go the facsist health care into law and knew it would be next to impossible to remove it.

            So Mark, if Der Fuhrer is doing badly by early October 2012 there will be some “national emergency” requiring marshall Law. He has not intention of ever leaving OUR White House.

            It’s time to remove your head from your rectal socket.

          • Angel Wannabe

            Al Sieber, Dan Az__While I’m fairly level headed and upbeat(optimistic), but I fail to see how were going to “DE-Socialize”the US, because it seems we’ve woke up too late. Unless the Good Lord shoots us a miracle, I’m sorry to say, I believe our goose is cooked with this White House. Freedom was Hell-of-a-lot easier to defend, than to try and regain it once lost. These Bastards in Washington have just gone too far. The Founders are rolling in their graves.
            .

          • mark

            Dear Angel Wannabe and Old Henry,
            If Obama tried to cancel the 2012 election which is an absolutely ludicrous charge, he would have to get the 2.5 million members of the U.S. Military and Reserves, all of whom have sworn to uphold the Constitution, along with about a million police officers across the country to go along with him and shoot down hundreds of thousands of legitimate American protestors in the streets a la Iran and Syria. This is a totally gonzo fantasy, one of many similar ones on this website. The elections will be held Tues November 6, 2012 and Obama will abide by the Electoral College results. Remember the Electoral College decides the presidential elections in the United States not, you, I, or the American people. In all its history the United States has NEVER held a democratically elected presidential election. That is clearly stipulated in our sacred Constitution written by the Founding Slaveholders in 1787 who also did not believe that anyone who didn’t own property or any women should vote – you know, those great revolutionaries who gave us this government – of the rich, for the rich, and by the rich.

          • Kate 8

            mark – The reason for allowing only property holders to vote was to avoid just what we have today: those who do nothing, own nothing and pay nothing determining how much those who do must give up, and how much they, themselves, get to reap off of other people’s labor and holdings.

            The electoral college was to prevent a handful of coastal cities from being able to determine the outcome of every election.

          • Al Sieber

            Angel, that’s probably in the plans, just stock up on food, grow a garden, etc. and Henry you got that right.

          • Dan az

            Angel
            I see that happening and when it does its on!

      • DaveH

        The leaders are anything but dumb. They are feathering their own nests at our expense, and they have been for a very long time.
        As an example, the Sedition Act of 1798, passed only a decade after the Constitution was established:
        http://en.wikisource.org/wiki/United_States_Statutes_at_Large/Volume_1/5th_Congress/2nd_Session/Chapter_74

        • http://www.personalliberty.com Mal

          This act was only valid until March 1801, according to the web page.

          • DaveH

            That is beside my point.

          • DaveH

            And you can bet, if they didn’t receive intense opposition, they would have continued it, just as they do with the Patriot Act.

      • JUKEBOX

        I spell stupid like this,” E V I L “.

      • Old Henry

        No Vagabond, I don’t think it makes them STUPID. I think it makes them CRIMINALS.

    • eddie47d

      SC is busy playing drama queen again and spreading pixie dust with her magic wand. She really tried hard to tie in Big Pharma,children and Prozac and put it in a little box labeled Progressives. Big Pharma was a concoction by Capitalists to reel in big bucks on the unsuspecting public. America thought it was a normal way of doing business and took it in the shorts. Capitalists flow to the big bucks like Rush Limbaugh flows to Oxycontin. Big Pharma didn’t do Rush any favors with high drug prices but at least he could afford them. Now behind every Conservative is a closet Capitalist yearning to jump on the right elevator that will take them to the top. Big Pharma and Wall Street Derivatives became their God. If they were making money all must be good. I think that old saying should be changed to “As derivatives grow corruption flows” Who needs Johnny Depp in Pirates of the Caribbean. When we had the suit and tie crowd and undercover Conservatives pirating our economy with ponzi schemes.I guess the only confusion to them was which scheme to jump into. Unfortunately their elevator ride to the top did come crashing down for some but mostly wrecked the economy. Atta boy big shots! Big Pharma was Capitalism on steroids or was that Prozac, SC? Not sure what she meant about “caring about tomorrow” when it’s the Republicans who are trying to sabotage Financial Reform. You allow the banksters and experimenter’s on Wall Street to play high stakes poker with the nations economy. Then you turn around and give the anti-reformers(Republicans) a big hug which allows the high rollers a free pass to think up the next ponzi scheme.I don’t see anywhere where Conservatives are willing to reign in the sewer pit in Washington or Wall Street so it becomes business as usual. You attack Progressives with vigor but bend over backwards to give a blank check(absolution)to those on the right.

      • Capitlist at Birth

        You obviously have confused the free market with crony capitalism, Which any true capitalist will tell you is not a free market. Why do you insist on labellin anyone who does not agree with you as on the right? What do you actually mean by doing so? Isn’t right better than wrong?

        • Capitlist at Birth

          Crony Capitalism is the same as Fascism, whih I assume you are against. Right (Correct?)

        • Old Henry

          capitalist:

          It could be that eddie is so far to the left that anyone who disagrees with him is to the right. (?)

        • eddie47d

          Capitalism has many facets and they all fall back on each other. Cronyism,greed,ponzi,free enterprise and I’m sure there is a Pure capitalism somewhere if all the schemes didn’t get in the way. So much hype and pie in the sky for the purists.The communists say the same thing. Welcome to my utopia where life will be equally wonderful for everyone.The failures of pure communism are well documented yet they still have some who will swear that it is workable. Then we have those Capitalists who insist that everything is just fine if you just keep giving them one more chance to prove themselves. Karl Marx actually had some good ideas but so did Ayn Rand. In practice communism uplifted everyone equally(equally miserable) and capitalism uplifted everyone too but that darn greed got in the way. Dishonesty and corporate lust shot about 2% to planetary heights while their master plan of controlling the “masses” is in overdrive. This part of Capitalism is now causing the middle class to take the down elevator where they can rub elbows with the poor. Government and world economic problems aren’t helping our present situation, yet I don’t want to have a system of kings and serfs either,(haves and have nots.)

          • Angel Wannabe

            eddie, Still Socialist/Marxist right down the line__ehh bubba?

          • eddie47d

            You must be high after feeding at the Big Pharma store! LOL

      • Dan az

        So eddie
        With all the bail outs that went to obumers buddies you still blame the conservatives Really?Come on eddie I know its early but thats not coffee that your drinking!Wall street and the big pharm corruption is not only the problem and you know it so why not put the blame where it supposed to be.You know the guy that hates big business and thinks the profits should go to the poor people that don’t produce.Big pharm is where they are because of the experiments to the nation through gubmnt programs that create the diseases just to provide the so called cures that all the people got from the vaccines they produced to cause the problems.Wall street is nothing but a bunch of thieves stealing every ones money and the democraps bail them out and let them continue without question.Get real eddie and stop blaming the conservatives for your mistakes its just rude.

        • Angel Wannabe

          Dan Az, Exactly!, just as a computer genius who create virus’s, so the software they just created is purchased to “FiX’ it!
          Its called “Job Security”!

        • eddie47d

          Dan; Smell the coffee and stop blaming the liberals for every little owie you get. Corporations screw up,capitalism screws up,Banks screw up and most are run by conservatives. That is why conservatives are brought into the conversation. If they embarrass you fix the problem or at least admit them. I have spoken up several times about welfare cheats and big government. Like any issue you have to admit the problem before change can be made. I would like to see every single person on welfare do some kind of work. I would also like to see corporates,sports figures,etc work a little harder for what they earn or accept less.

          • Dan az

            Eddie
            so you don’t blame every thing on the conservatives Riiiiight!You didn’t vote for the hope and changy thing either right?Well eddieeyou never change and the hope that you may have is going to be that you ran out of other peoples money.No eddie I see clearly that there is no hope for you I only petty your nieve family that they are stuck with you.Good luck your going to really need it.

      • JUKEBOX

        Too many liberals talk about the “EVIL” wealthy millionaires in our country, all the while being closet “CAPITALISTS” themselves. Check out the financial statements of Obama, Harry Reid, Nancy Pelosi, Dianne Feinstein Blum, etc. and you will instantly see the hypocrisy in every word they utter in their class warfare speeches. While you are at it, look at how wealthy Michael Moore, Ted Turner, and other limousine liberals support this class warfare while spending more on a lunch than an average American earns in a week.

        • eddie47d

          They do pay their taxes and that is more than we can say about a few corporations and a few individuals who dispise America.You have your own cut and run crowd if you haven’t been paying attention.You can defend corporations and capitalists all you want because they do help put food on the table but please jump out of bed with those who are screwing this country for personal profit. Yup the Democrats have their king sized beds too and you love accusing them of the same thing. So ever wonder why nothing changes when you are in bed with the same companies that the Democrats are in bed with? Oh those ties that bind.

      • JeffH

        eddie, a reminder that all of those words you just typed fall on deaf ears…you still don’t get it and on top of that, 9 – 0, nobody believes you anyway…

        • eddie47d

          I thought I made it clear on Saturday Mr Master Baiter that your devious comments doesn’t change a thing. Those loose lips of yours(as in immoral) might come in handy at the local frat party but you are not impressing me.

          • Angel Wannabe

            and eddie, your commie line of shyt ain’t cutting the mustard either, Jeffh_master baiter??_Really?__Ya must of reached back to high school days for that one_huh?__EGADS

          • eddie47d

            Jeff wants wants to keep punching like he’s in high school …well you get the drift! You seem to like his manipulative “commie Sh*t”.

          • Dan az

            Eddiee
            I’ll tell my brother to stop punching you when you stop bashing the conservatives and libertarians.But until then Have a nice day! :)

          • JeffH

            Brother Dan and Angel Wannabee, who believes anything eddie has to anyway. When he’s frustrated, like here, he has to resort to foul language…that’s classless to say the least.

          • JeffH

            9 – 0 as in nine to zero :)

          • Angel Wannabe

            HUZZAH!__Jeffh!

          • Dan az

            Eddiee
            I can see why your frustrated you were the one in school that was always last to be picked to play Right?And still today know one wants to play with you!All I can say is do some research and get off the bench and show us what you got!

          • Angel Wannabe

            Hey Dan Az, eddie can’t get off the bench, as you said he wasnt picked yet!__I can see it now with his hand in the air_ “Oooo, Oooo Pick me_ Pick me!”__lol

          • Dan az

            Angel :) ;)

          • JeffH

            Angel Wannabe, he’s a piece of work. The difference between someone like eddie and, say, jovi is that jovi at least knows what he’s doing because that’s why he’s here…eddie thinks he knows but his comments bounce all across the spectrum like a golf ball bouncing on concrete…and he’s a repeater(parrot)extroardinaire…
            Yer both killin’ me…but I luv it… :)

      • Void1972

        eddie
        You need to do your homework on those who control the majority of “corporations” in America. They all belong to a not so secret society that goes back thousands of years.
        They own the financial institutions of the world, pharmacy, media, hollywood, insurance and almost every elected official in the world.
        These are the same money changes that put the Christ on the cross, and now they plan to rule the world.
        Just look up the names, and Google them. Put 2+2 together, and follow the money.
        These evil men are not followers of God, but of Gold, Oil, Diamonds.
        These satanist have tried for over a hundred years, with communism, to destroy God. America is the final battle for them.
        Because of so called men like yourself, they are winning, but it’s not over just yet.
        I hope you continue to fight your battles online, because when they hit the streets, you will not stand a chance in hell. The hell your creating.
        God Bless America, and those who fight for her!!!!

        • eddie47d

          It would be nice if you filled your Void. I am very aware of what you said but there is much more than a secret society out there. Communism hardly controls the financial empires of the world. Although China is trying to be an exception. Capitalism has much more power in controlling the “money changers”. All we hear on this site is follow the Gold and worship the oil industries as if we owe our lives to them instead of Christ.

    • Elevenarrows

      I actually think they do “care about the kids” for very frightening reasons. I think they are determined to train up kids who wouldn’t think twice about reporting their parents to authorities,etc. Government schools are for one thing and one thing only: acquiring the hearts and minds of American children in order to advance their agendas-social and otherwise. I believe that some of the so-called social agendas being promoted are not intended to elevate a particular group (such as homosexuals) above other groups, but rather to destroy the groups that work against what they are hoping to achieve. For example, strong families made up of a mother and father who care deeply about their children are counter-productive to the socialist, progressive movement. It is a good bit more difficult to herd people into camps, take their “money” and mandate dangerous, experimental vaccines if people know their constitutional rights and have a strong network of support through their faith and family.

    • Old Henry

      S C:

      “Our heroes are dead, and our “leaders” are scum”.
      Now there’s another great tee shirt!

      “That, children, is why Big Pharma makes drugs like Prozac”
      Ah yes,Vitimin P.

  • bill

    I believe it is simply a situation that every household has to deal with,when you run out of money ,then you quit spending.It is as simple as that ! No voodoo policy offers any relief.

  • Charles

    Sad. How I wish Mr. Obama and a few others could step up to the plate and take ownership for what they have done. If across the board, only 20% of us would lay aside our greed and return what we have un-justly taken from others; the economy would turn around over night.

    • Warrior

      Are you talking about public sector unions?

    • s c

      Charles, who owns your mind and your rump? ‘Our greed’ and ‘unjustly taken.’ [?????] Man, if you haven’t been programmed, you sure came close. You need to move away from those pc Nazis who surround you where you live.

      • JUKEBOX

        SC, do you realize that NAZI was an acronym for National Socialist Party, which is the definitive description of Obama and the Democrat Party today. Obama’s hero was Alinsky, and you need to read and understand this man’s writings, if you have the intelligence to do so.

        • Dan az

          Juke
          WTF are you talking about?I understand where sc is going but I have know clue where your coming from!

        • mark

          There is a clear distinction between those who are authentically elected by large democratic majorities and adher to continuous ongoing democratic elections and principles vs. dictators like Hitler who never received more than 32% of the vote (Obama received 53% in 2008; Reagan got 50.7% in 1980) and then immediately cancelled all future elections and shut down the Reichstag legislature after the staged fire there in 1934. Hitler also had a racist program to kill and imprison all racial inferiors. The idea of Barak Obama imprisoning and killing millions of non-Aryan minorities is too ludicrous to entertain. Obama never attempted to shut down the U.S. Congress or cancel all future elections. He abided with the large scale defeat of the Democrats in the 2010. He has never declared martial law or suspended freedom of speech, of religion, of the press, the right to bear arms, freedom of assembly – note the large Tea Party anti-Obama rallies in DC and all around the country. These are all healthy manifestations of a functioning democracy. After a little more than one year in office Hitler had removed all personal freedoms from the German people and totally controlled the media through the state-run Ministry of Propaganda of Joseph Goebbels. Can anyone imagine Adolf Hitler tolerating a network like FOX that would criticized his policies morning, noon, and night like they do Obama’s? Or Hitler allowing huge Tea Party demonstrations against his government in Berlin and across Germany. Of course not, he arrested and killed all journalists that criticized his adminstration and he would have shot down in the streets by the thousands any popular demonstrators against this government. Look what Hitler did to the White Rose movement in Munich after the 1943 Nazi defeat at Stalingrad. President Obama on the other hand has allowed all of this popular dissent against his administration to flourish as is its right under the Constitution. Obama has not seized any U.S. citizens guns, he has not banned demonstrations, he has not suspended Congress, he has not cancelled elections, he has not shut down newspapers, radio stations, or t.v. networks like FOX. All of which Hitler did. While Obama has done none of this. It is disturbing to read all these paranoid delusions regarding Obama’s grand conspiracy none of which ever comes to pass, on so many blogs today. If you don’t like Obama simply vote against him on Nov. 6 2012. But don’t compare him to Hitler when he meets zero of the criterion that characterized that mass-murdering tyrant who deliberately started a war that killed 60 million human beings, among them tens of millions of so called “non-Aryan” minorities such as Jews, Slavs, gypsies, and homosexuals. The idea that Obama would ever do anything even remotely resembling such horrific, mass murdering policies is a delusional fantasy.

    • Vagabond

      Charles I haven’t taken anything from anyone. I worked like hell for a living as a long haul driver. if you call that taking from someone then I am guilty, the IDIOTS who voted for that IDIOT usurping the Oval office are to blame for whats happening to our country now,

      • DaveH

        The only way to rectify the difference in opinions is to get our Government out of the Marketplace. Let Free individuals decide who to buy from and who to contract with voluntarily, without the force of Government. There is no better way to decide what’s fair. If we don’t think a price is right, we don’t buy the product. If we don’t think an employment offer is good enough, we don’t accept the offer. There is no valid reason for government to be involved in such decisions. Might does not make right.
        And Government certainly shouldn’t be involved in aiding and abetting their favorite Crony Capitalists.

    • 45caliber

      Charles:

      I have no problem with that at all. I’ve not “unjustly” taken anything from anyone. I’ve worked and earned everything I am paid. The fact that someone else refused to do the same shouldn’t be my problem.

      And don’t try to say that someone didn’t have my opportunities. My family were Arkansas hillbillies. They thought $5000 a year was a good income. (And it was, I suppose, since we raised all our food or hunted for it.) I joined the Army and went to Vietnam simply to be able to get the GI Bill to pay for my education. I still don’t have the materials others have, but I’m a heck of a lot better off than if I’d not tried or if I drew welfare. They all could have done the same.

      • Karolyn

        45 – That is not true. Each and every one of us is unique, and we don’t all have the ability to do what you did, either emotionally, intellectually, genetically or constitutionally.

        • 45caliber

          Which one of those items is sheer laziness?

        • Angel Wannabe

          Karolyn__ thats BS!__It’s all a choice baby___a choice!__

  • http://aol.com sean murrey ILLInio

    weshould send timmy packing forc prison.

  • home boy

    so bob, if you think what is happening to money is bad , why don’t you read in the bible , ezekiel 7;19, to see what is going to happen to gold and silver. maybe you should start giving god the time of day instead of man.

    • Tazio2013

      JESUS CHRIST: THE SIGNATURE OF ALL THINGS

      http://www.youtube.com/watch?v=VTf9Ep7WyJY&feature=related

    • mtgalinct

      I believe the Bible passage that you are talking about refers to the fact that those who have worshiped money (gold and silver) will find that it has no value in satisfying the wrath of God (in the end times), not that gold and silver will be completely worthless then. No one can or will be able to buy salvation with gold or silver. As always, you have to read at least several verses before and after to understand the context of the verse you are citing. Also, read the whole chapter.

  • don

    personal liberty alerts needs to be sent to everyone in this country. i bet there would be change with all this info. i hope to hell that we are at the point of no return.

  • Raggs

    The market is being played along with everyone that has investments.
    One day it is -200 the very next day it’s +200, it is being manipulated by oblama and soros… Dan az is correct on his thinking of oblama bypassing congress for an increase of the debt celling.
    oblama hasn’t used congress for anything other than a door mate anyway so what’s a few trillion dollars…

  • DaveH

    I want to expand on something Bob Livingston said “Now it’s at a 92 percent loss”. I suspect that is confusing to many people, as we are conditioned to thinking in terms of increasing prices. So, for instance, if the price of something goes up 100%, you now have to pay twice as much for your goods, or to put it another way, you can only buy half of the basket of goods you could buy before the increase in price. But for the price of something to go down 100% would mean that the goods are free.
    Bob is talking about a 92% decrease in the purchasing power of the dollar. That’s a whole different animal than a decrease in price of a commodity.
    If we could buy a certain basket of goods in 1913 with the dollar, today at a loss of 92 percent in purchasing power, we could buy only 8% of that basket of goods, or about 1/12th of those goods.

  • Les

    We went from a nation of “Doers” to a nation of “I want, I need”. That’s the crowd that votes for anyone promising to give them more. This has been predicated years ago. It’s called robbing the Public trust. And it always leads to a dictatorship.

    I would love to know what the real unemployment numbers are in this country. Not just the Government’s stats from fake unemployment sources. Need to include the ones that have been taking for years and giving nothing back generation after generation. Those unwilling to work folks will bring the unemployment numbers to 40-50 percent or higher.

    Got to love a country that is run by people that typically can’t balance their own checkbooks or run a 7/11. Isn’t it wonderful how they all got to be millionaires and yet don’t see themselves as rich. That goes for both parties. Voting to me is like choosing between Micky Mouse and Donald Duck.

    • Raggs

      At least 50% or more people in this country DO NOT pay a federal income tax… That would lead you to believe roughly the same amount are not working… Many of the ones that are not working never have and never will work, they feel as if they are owed a free ride… oblama has made that number increase by at least 30% of the population.

      • Karolyn

        Is there a source for that 50% number? It seems awfully high.

        • Capitlist at Birth

          It is actually 47%. They do not include FICA or Medicare payment as income taxes, which in fact they really are. This makes the true figure much lower. I would estimate that to be above 25% after you factor in the earned imcome credit which accounts for those other taxes. That is still too high for me. I have had to pay income taxes as well as FICA and Medicare all of my life. The greatest ponszi scheme in history is about to come crashing down aroung the totalitarian socialists heads, at which time they will declare martial law.

          • JUKEBOX

            My dearly departed son had paid over $97,000 into SS over his short life, and since he had no family other than his mother and myself, that money will be probably distributed to some drug addicted individuals who are sucking off the disability system. That is the true goal of people like Obama.

          • DaveH

            That’s just one of the injustices of Social Security — the fact that the money input is lost to the heirs. And then there’s the fact that all the money has been borrowed from the fund, and the Leaders turn around and threaten the seniors with the loss of that money if we don’t go along with their spending plans (extorting votes in other words).
            There is just no way around the very strong evidence that we have a criminal Government.

          • DaveH

            I’m sorry about your great loss, Jukebox.

          • Dan az

            Dave your 100% dead on and the sooner everyone knows it the better we are!

          • Dan az

            Jukebox
            That’s the hardest lost that any one can endure.I turn completely gray after my son dyed a couple of times and pulled through it luckily.I feel for ya its tuff.

        • DaveH

          Right here, Karolyn, and their figures come from the IRS:
          http://www.ntu.org/tax-basics/who-pays-income-taxes.html

      • 45caliber

        Raggs:

        I thought for years that the government’s reason for paying welfare moms to have eight kids was due to a desire to insure a future of tax-payers. Now I’m convinced it was meant as a way to grow the numbers of those on welfare to the point where they outnumbered those of us still paying taxes.

        • eddie47d

          That reasoning wouldn’t serve any purpose for either side. Before welfare people had large families too. Back in the 70′s they interviewed Haitian women(families)on why they kept having kids when they can’t support them. (no welfare there at the time either). Their response was; “They are my only possession and without them I have nothing”. To me it is not a reason to have a child and is a self defeating answer if you can’t lift yourself up first.

          • 45caliber

            eddie:

            So you don’t believe they had the kids for the money? There are too many examples showing otherwise. I’ll list ONE. Back about 40 years ago, it was proposed in Arkansas to pay a woman $5 a month to NOT have a kid. She would not get any extra money for having one, regardless of how many she already had.

            The politicians, black racists, etc. came unglued. They were insisting that was an attempt at genocide. All were convinced that for that extra $5 no woman on welfare would have a child.

    • Dan az

      Les
      Here is a site that gives the true numbers and is updated every month.
      http://www.shtfplan.com/headline-news/the-real-unemployment-rate-215_07022010
      Its in the 21.5 % range not 9.1 and what was it back in the depression?Thats why they need to change the way they use UE numbers so I would bookmark this site just to get depressed.

    • DaveH

      Les,
      The actual employment figures are more telling. We have about 312
      million people in this country. If we subtract the people aged 15 and younger (about 70 million), and those aged 65 and older (about 40 million), we have over 200 million people from the ages of 16 to 64.

      About 140 million 16 or over are employed according to this BLS table (check the box “total 16 and over” and pick the “retrieve data” number):
      http://www.bls.gov/webapps/legacy/cpsatab9.htm

      I think about 8 million of those employed are part-timers. And some of those employed are surely in the over 65 group. But even ignoring those, there are at least 60 million people from the ages of 16 to 64 who aren’t working.

      • Dan az

        Well Dave if you don’t believe the gubmnt then who can you believe?A democrap?I find it hard to believe that with so many out of work and way more to come that the gubmnt dose not see that they can’t pay their wages with the lack of tax dollars that aren’t coming in.Oh ya print more money that’l do it.Wow that commong from the best of the best that money can buy!

        • Dan az

          coming not commong or what ever this key board said.

        • 45caliber

          You had another spelling error too. It isn’t spelled “democrap”. It is spelled “dumbocrap”.

          • Dan az

            45
            I’ll fix that for now on thanks!! :)

      • 45caliber

        And that is about 30% of the total out of work, isn’t it.

        Actually, when you consider than some wives don’t work or need to work, it isn’t that bad. But it certainly isn’t that good either. Actually, I don’t think they even count the ones who live permanently on Welfare. They know they aren’t “out of work”. They don’t have any intention of working!

    • Maya

      I hear what you said, however . . . Who do you prefer, Mickey Or Donald???

  • http://www.soldbylynch.com Brian Lynch

    The ONLY THING that has a chance to turn this around is TERM LIMITS! We can complain and talk about all that has gone wrong since 1913 but there is only one thing that has a chance to turn this around! TERM LIMITS change the type of person looking for the job – TERM LIMITS will change the behavior of everyone ‘up there’!

    • home boy

      here’s a better idea. get rid of the whole political system. run the country as a non for profit corporation. you will always have corruption but now you can prosecute the wrong doers.

    • Bert Cundle

      I’ve sayed Kep the good ones & Screen out the bad ones!!!

    • DaveH

      You have a good point there, Brian, that Term Limits would change the type of person looking for the job. But that change could be negative, as maybe the job would then appeal more to those who have more to gain from graft. Who knows?
      My belief is that Term Limits may help, but not enough to justify the effort in getting them implemented. We will still have politicians elected on sound bites and weak resumes. And they will then be unaccountable to the voters (lame ducks) a larger portion of the time than they are now.
      I think there is no substitute for an informed electorate. This website is a good step in that direction.
      Thank you, Bob Livingston.

      • home boy

        so bob by your comment you still think this country has a chance with politicians. to bad you think the same as most americans. they all work for satan but i guess you are blinded to that.

      • 45caliber

        Speaking of “lame ducks” … I believe that it should be illegal except for war for any lame duck politician to be allowed to vote for anything – or sign anything. When they are kicked out of office on the first of November, they go home and stay there. We don’t need annoyed politicians to pass and sign legislation that they know the people don’t want or need simply in revenge for getting kicked out of office.

  • Tim-Gabz

    This is not like Germany in the 50s defaulting due to war debts and destruction. It is not like Germany after WW1 with the collapse of their currency. The U$D is intricately tied into all the world economies so when it goes down it robs all of us, kills all our economies and leaves the world economy wrecked. It will do for the world what happened to Germany after WW1. However there are no big brothers to pick us all up.

    • Dan az

      Tim
      The fact that this is planned to create a one world currency is the fact that they are the big brother or better yet the slave owners.

      • DaveH

        We are already slaves in so many ways. And a large portion of our population is oblivious to that fact because they’ve never known real Freedom.
        This article might wake some people up to reality:
        http://mises.org/daily/5343/Consent-of-the-Governedu

        No doubt there will be many readers who are frightened to think of such things, which is a good indication of how successful the propaganda has been.

  • Bob Marshall

    I hope and pray America has seen enough change from Obama that in 2012 they will make another critical change and that will be in the Whitehouse.

  • Pete NY “R I P FEDERAL RESERVE BANK”

    I believe the USA can and must pay back all its borrowed money. As I discuss in my book “R I P Federal Reserve Bank 1913-2028 and Other Predictions”, the nation will sell its housing to foreigners as part of the payback plan. Most poor Americans will be forced to live on “reservations”. Our nation has more than enough assets to cover our debts. The other part of the plan is to shrink the government to about 10 perc. of what it is today and eliminate the Minimum Wage laws. There are things we can do to get back on the right track; painful as they may be, it must happen.

  • Bert Cundle

    THE DOLLAR took a big hit, whwn the CREDIT CARD got life! Now a card steals again… VISA: ” Permission to enter our Country.” is now known as a Credit Card! Denied Credit, is Denying what Money can buy!
    But the COST of Credit takes what Money can buy!

  • Old Henry

    Thanks Bob for yet another reminder to be ever vigialnt. It is so easy to get “lazy”. My wife and most of my friends and relatives think I am, ah, crazier than I have been in the last 40 years.

    It is a constant battle with myself to “keep on track” with buying food ahead and silver as I can afford it.

    The Swiss annuities I was unaware of. I will look into that one, but admittedly I am leary of doing much of anything off-shore.

    Please keep up the good work in attempting to keep us vigilant!

    You are like the Sargent who continually prods his troops to keep them moving in, and focused on, the right direction.

  • chuckb

    barry and michelle don’t seem to worry about the failing dollar, the weak economy and the price of gas. there is no date on the article so it probably is much more than stated. i did check it out and seems to be true.

    This is from Mark Knoller of CBS.

    The pilots and crew of Air Force One are flying more hours than a rookie on a beer run. They are tired of it too, and are adding more crew to Air Force-1, – I know this for a fact because I’m one of the instructors that trains the crews. Our company (Atlas Air) has had the Air Force-1 and E-4 contract for over two years and I’ve been doing it for about 8 months now.

    Last year (2010) Obama flew in Air Force One 172 times, almost every other day.

    White House officials have been telling reporters in recent days that the Democrat doesn’t intend to hang around the White House quite so much in 2011. They explain he wants to get out more around the country because, as everyone knows, that midterm election shellacking on Nov. 2 had nothing to do with his health care bill, over-spending or other policies, and everything to do with Obama’s not adequately explaining himself to his countrymen and women.

    And with only 673 days remaining in Obama’s never ending presidential campaign, the incumbent’s travel pace will not likely slacken.

    At an Air Force-estimated cost of $181,757 per flight HOUR (not to mention the additional travel costs of Marine One, Secret Service, logistics and local police overtime), that’s a lot of frequent flier dollars going into Obama’s carbon footprint.

    We are privy to some of these numbers thanks to CBS’ Mark Knoller, a bearded national treasure trove of presidential stats. According to Knoller’s copious notes, during the last year, Obama made 65 domestic trips over 104 days, and six trips to eight countries over 22 days. Not counting six vacation trips over 32 days.

    He took 196 helicopter trips, signed 203 pieces of legislation and squeezed in 29 rounds of left-handed golf.

    Obama last year gave 491 speeches, remarks or statements. That’s more talking than goes on in some entire families, at least from fatherly mouths.

    In fact, even including the 24 days of 2010 that we never saw Obama in public, his speaking works out to about one official utterance every 11 waking hours. Aides indicate the “Real Good Talker” believes we need more.

    Related: Obama spends nearly half his presidency outside Washington, plans to travel more

    Related: Vacationer-in-Chief Spends $1.75 Million to Visit Hawaiian Chums

    Obama has spent over $100 million taxpayer dollars flying around in Air Force One, and probably another $100 million on his entourage. Obama is just another tin-pot dictator living lavishly at the expense of his subjects.

    And we seniors have to “tighten our belts” because we aren’t getting a COLA again this year… and none last year!

    • mark

      You’re absolutely right. Obama is the only president to ever use Air Force One. None of the other presidents ever have. They all flew Southwest economy-class. I know George W. did. He never once used Air Force One in his eight years in office. Oh also would you like to buy some stock in the Brooklyn Bridge?

      • 45caliber

        mark:

        I know you are trying to be funny but we all know the previous Presidents used the plane. THere is one difference, however. They didn’t spend 80% of their time either at the golf course or on the plane. They actually spent some time in their office too.

        • eddie47d

          You mean all those pictures of G Bush playing golf were just re-runs! LOL

          • 45caliber

            eddie:

            Oh, he played golf. Just not every other day.

      • Jay

        mark:Oh also would you like to buy some stock in the Brooklyn Bridge?

        mark, speaking of buying stock, are there any still available for the obama administration, or did you buy them all up and are now standing on the Brooklyn Bridge considering jumping?

  • http://detlef55@qwestoffice.net Detlef Naase

    I have this quote on my desk to re-read often.Thomas Jefferson-The central bank is an institution of the most deadly hostility existing against the principles and form of the constitution.I believe that banking institutions are more dangeraus to our liberties than standing armies. Already they have raised up a monied aristrocracy that has set the government at defiance.
    The issuing power should be taken from the banks and restored to the people to whom it properly belongs. If the American people ever allow the banks to control the issuance of their currency, first by inflation and than by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up “HOMELESS” on the continent their fathers conquered. What we are witness to is a crime, ivestigating it as usual, follow the money trail………..let’s bring our troops home and fight the real enemy, the moneychangers, the same lot Christ chased out of the temple, incidentally the only time he lost his temper.

    • Dan az

      It also got him hung from a cross four days later!

    • Al Sieber

      You’re right Detlef, and Dan, Dan that’s what they did to Julius Caesar also.

    • James Jones

      I’d like to expand a bit on your narrative. Andy Jackson, 7th POTUS,
      closed the U.S. Bank (I think it was) which had lots, perhaps more, of same power as our FED. Jacson closed it, sent troops to put the gold it had into several state banks until Fort Knox was built. He fought them for years and said once,”It will either kill me or I will kill it”. Interestingly he won that one. Andy was our first Democrat POTUS and much more conservative than any PUG today. Of course, the later “light in the loafers” demoncrats allowed the monster to re-establish in 1913 and it has grown to great heights of massive control since. Nixon voiding the gold standard in 1973 which was a protection against inflation was another hard blow which probably early on set the sails for much of what is happening today.
      thanks cheers

  • Isabella

    I believe, the next presiden is already choosen, as it was Obama choosen in 2008. Our right to vote, is just a masquerade, a diversion, for the NEW WORLD ORDER and the Bilderberg Connection. I think, Rick Perry is on their roll.

    • bob wire

      Well, I don’t believe that ~ there is just too much money hanging in the balance for some group of people to know with any certainly who will be moving into the white house.

      I do however believe there are groups of people attempting to do this and work to that end.

      While I’m at a lose to understanding what “normal” money is, I agree with Mr. Livingston. America has turned into a giant Ponzi scheme, no different from Enron. However, having accepting this and unable to do much about it, I’ve adopted the approach that the quality of my life depends on how I react to it.

      Credit Scores is a joke and not to be concerned with. I don’t bother with many things some people think is important anymore. ~ Life is just to short.

      I’ve learned how to remove much of the stress from day to day living and actually have a great time know that we are all going to die!

      I hope I die owing back taxes, they can have whatever I leave, while my exit has been planned.

      • Dan az

        Bob :)

    • 45caliber

      Rick Perry may be on their roll but as a Texan conservative, he isn’t my choice. For one thing he isn’t smart enough to be President. The only reason that he is governor is that the GOP AND the Dems haven’t run anyone of any value against him. Particularly the Dems. All their candidates have been either more liberal than Oblama (if that is possible) or someone like Bill White who likes sanctuary cities for the illegals.

    • Al Sieber

      Isabella, I agree with you, that’s what I believe also.

  • C130 Gunship

    All fiat currencies since the beginning of fiat (nominal) currencies have failed. This is true for at least the last 2,000 years as
    history tells us that since the Roman Empire every fiat currency has been inflated into non-existence, a valuation of zero. Did you get that… every currency has been inflated into non-existence. All world currencies will suffer the same fate eventually, as will the U.S. Federal Reserve Note.. It responsible for destroying every empire that utilized it, including the Roman empire, help bring on the French Revolution, Weimar Germany, and the USA will be no exception. That’s what happens when governments manipulate their currencies. The truth is King Hiero suspected a local goldsmith devalued his supposedly solid-gold crown by mixing the gold with cheaper metals… and asked Archimedes to confirm his suspicions. He confirmed it and heads rolled…… literally. All fiat currencies lie, gold and silver does not. Throughout the history of the world, the one universal measure of value has been gold and to a lesser extent, silver. In times of war and economic weakness, people owning gold and silver have always been able to buy what they needed in exchange for gold and silver. Paper currencies (nominal), like the present-day U.S. dollar, have no intrinsic value. Their worth changes daily with inflation and foreign exchange dealers’ transactions.

    So now YOU have been warned. Right now, the U.S. government is printing away your wealth through inflation. And, so far, the American public has put up with the criminal destruction of our money. As Ben BenYankMe at the Federal Reserve continues to increase the money supply and Turbo Timothy Geithner at the U.S. Treasury hands it over to banks and failed investment schemes, the value of each of your paper (nominal) dollars decreases. The last M3 reports showed that 18% more dollars were being printed yearly by the Federal Reserve. They have since stopped publishing M3 figures so we have no idea how bad it’s gotten in the last few years.

    • bob wire

      “All fiat currencies since the beginning of fiat (nominal) currencies have failed. ”

      I would think that could be said of all “money” and then too, failed for whom? ~ For me or “us” or the King and his dragons horde?

      Perhaps failure is eminent due to greed and political plotting?

      There seems to be “no end” to all of “the ends” and “new beginning”

      For there to be “no end” the “human factor” would have to be removed. So how does such thought play into fiat money and make it less desirable or less unsuccessful?

      http://www.youtube.com/watch?v=swkq2E8mswI

      • C130 Gunship

        bob wire…Not “all money” and I never implied or said that……Can you tell me one time in history that gold and silver failed??? No, you can’t.

        • mark

          No, there have been enormous collapses in the price of silver and gold throughout history, typically after gold and silver have had big run-ups like recently.

          • C130 Gunship

            Mark….The value of gold and silver will fluctuate with supply and demand, and sometimes do to speculators, but it has never been devalued to zero like all fiat currencies have in the past……and will in the future. Learn your history before being stupid.

          • Al Sieber

            Yeah right mark, gold and silver is manipulated like the stock market, but they can’t do that much longer. it seems gold’s bottom is around $1480 according to last week, now it’s up to $1554 again. they can’t control it anymore because is traded on the world market. read the coinage act of 1792, that’s what the founders wanted so we wouldn’t be in the mess we’re in today.

        • bob wire

          I’ve found gold and silver rather hard to pass without a lot of roughage in you diet.

          It was in 69″ I sold a small bottle of Coke a Cola for $150.00 dollars MPC. I really didn’t want to sell it ~ the $150.00 in MPC , I couldn’t eat, drink, dance with or spend and the chances of me losing it or not living long enough to spend was very questionable at the time.

          All money is, is simply an illusion of a perceive value. Those that create the money and dynamics that limits the money sets the demand and value. So really, it boils down to a sales job. “You need this!” “You want this” “you’ve got to have this”

          There is remote isolated islands where pigs are treated a currency. There is a fixed amount of land, a limited amount of pigs and the demand for a pig is high. You must lord over your pig or someone will steal him. You can raise pigs but they must be feed and you can’t allow him to wander about ~ You can buy a pretty bride with just a pig or two pigs. Chiefs daughter will cost more. You can be fined for misconduct by head council a pig. You can buy prestige and position with a pig and of course you can eat a pig.

          I understand Spooky ~ we are all in the trap.

          • wayne937

            Mark, this is just another stupid remark from Mr. Gunship who thinks he has all the answers by calling you stupid. Calling you stupid makes him the idiot. You would be better off o ignore this type of person before they drag youm down to their level. He must be an Obama Zombie.

          • Jay

            bob:I’ve found gold and silver rather hard to pass without a lot of roughage in you diet.

            May I recommend that the roughage be the works of “Karl Marks”, supplemented with the “communist manifesto”!

    • mark

      Yeah but the Roman Empire lasted around five hundred years before its currency collapsed. I call that a remarkable success. I doubt if we will last that long. Of course the United States has a much bigger empire than Rome had with our 800 military bases in 120 countries all around the globe. Our imperial ambitions are larger than Rome’s. We want to rule every square inch of the globe and every man woman, and child on earth. Rome only wanted to rule the Mediterranean World, Great Britain, and some of Europe and the Mideast, The United States wants everything, everyone must either adopt our system, ally with us, or die.

    • 45caliber

      I wouldn’t say EVERY fiat currency was inflated out of existence. The Confederate money didn’t…

      • C130 Gunship

        45 caliber…..Confederate money became practically worthless as a medium of exchange towards the end of the war. In no small part this is because Confederate currency was actually not money, but bills of credit, just as was seen in the Revolutionary War, and concomitantly not secured, or backed by any assets. In FACT 45 caliber, most Confederate currency carried the phrase across the top of the bill: “TWO YEARS AFTER THE RATIFICATION OF A TREATY OF PEACE BETWEEN THE CONFEDERATE STATES AND THE UNITED STATES OF AMERICA” then across the middle, the “CONFEDERATE STATES OF AMERICA will pay” [the amount of the bill] “to BEARER.”

      • bob wire

        nor did Rome. It was plotted.

  • Wayne937

    Just a little information on Sarah Palin: Maybe this is why the Liberal Press does not like her:

    Dr. John E. Russell says:
    July 10, 2011 at 6:39 pm
    Dear Friends,

    Below is an informative article about Sarah Palin–never heard this information in the liberal media. Please send this to your friends and family.
    The web address for this article is http://restlessbrainsyndrome.blogspot.com/. It is also included in Sarah Palin’s book, Sarah Palin: Going Rogue: An American Life, pp. 405-408.

    Dr. John E. Russell
    Chaplain (COL) AUS Retired

    SARAH PALIN’S ACCOMPLISHMENTS
    By Dewey Whetsell
    I wrote the following piece in July and it’s been read by thousands of people, many of whom wrote and called me to express their gratitude. I wanted to write a complimentary piece without taking cheap shots at any other individual. Anyway, it was suggested that I post it here as well. Here goes:

    “The last 45 of my 66 years I’ve spent in a commercial fishing town in Alaska. I understand Alaska politics but never understood national politics well until this last year. Here’s the breaking point: Neither side of the Palin controversy gets it. It’s not about persona, style, rhetoric, it’s about doing things. Even Palin supporters never mention the things that I’m about to mention here.

    “1- Democrats forget when Palin was the Darling of the Democrats, because as soon as Palin took the Governor’s office away from a fellow Republican and tough SOB, Frank Murkowski, she tore into the Republican’s “Good Ol’ Boys Club” (GOB) and sent them packing. Many of them are now residing in State housing and wearing orange jump suits. The Democrats reacted by skipping around the yard, throwing confetti and singing “la la la la” (well, you know how they are). Name another governor in this country that has ever done anything similar. But while you’re thinking, I’ll continue.

    “2- Now with the GOB gone, there were fewer Alaskan politicians to protect the huge, giant oil companies here. So, she constructed and enacted a new system of splitting the oil profits called “ACES”. Exxon (the biggest corporation in the world) protested and Sarah told them “don’t let the door hit you in the stern on your way out.” They stayed, and Alaska residents went from being merely wealthy to being filthy rich. Of course the other huge international oil companies meekly fell in line. Again, give me the name of any other governor in the country that has done anything similar.

    “3- The other thing she did when she walked into the governor’s office is she got the list of State requests for federal funding for projects, known as “pork”. She went through the list, took 85% of them and placed them in the “when-hell-freezes-over” stack. She let locals know that if we need something built, we’ll pay for it ourselves. Maybe she figured she could use the money she got from selling the previous governor’s jet because it was extravagant. Maybe she could use the money she saved by dismissing the governor’s cook (remarking that she could cook for her own family), giving back the State vehicle issued to her, maintaining that she already had a car, and dismissing her State provided security force (never mentioning-I imagine-that she’s packing heat herself). I’m still waiting to hear the names of those other governors.

    “4- Now, even with her much-ridiculed “gosh and golly” mannerism, she also managed to put together a totally new approach to getting a natural gas pipeline built which will be the biggest private construction project in the history of North America. No one else could do it although they tried. If that doesn’t impress you, then you’re trying too hard to be unimpressed while watching her do things like this while baking up a batch of brownies with her other hand.

    “5- For 30 years, Exxon held a lease to do exploratory drilling at a place called Point Thompson. They made excuses the entire time why they couldn’t start drilling. In truth they were holding it like an investment. No governor for 30 years could make them get started. This summer, she told them she was revoking their lease and kicking them out. They protested and threatened court action. She shrugged and reminded them that she knew the way to the court house. Alaska won again.

    “6- President Obama wants the nation to be on 25% renewable resources for electricity by 2025. Sarah went to the legislature and submitted her plan for Alaska to be at 50% renewables by 2025. We are already at 25%. I can give you more specifics about things done, as opposed to style and persona . Everybody wants to be cool, sound cool, look cool. But that’s just a cover-up. I’m still waiting to hear from liberals the names of other governors who can match what mine has done in two and a half years. I won’t be holding my breath.

    “By the way, she was content to return to AK after the national election and go to work, but the haters wouldn’t let her. Now these adolescent screechers are obviously not scuba divers. And no one ever told them what happens when you continually jab and pester a barracuda. Without warning, it will spin around and tear your face off. Shoulda known better.”

    • C130 Gunship

      Wayne937……WTF does your post have to do with Nominal vs. Real Dollars? The obvious inability to comprehend the subject at hand may indicate a deficiency in your reading skills/abilities.

      • wayne937

        Mr. Gunship it is folks like you who spoil the forums for everyone else. Take a damn leap. I’ll make a post when ever I want to.

        • C130 Gunship

          Mr.wayne937…..Your 4th grade education is shining through. You can’t answer the question with a honest factual response so like a true libtard, you revert to personal attacks. I’ll take that ‘leap’ right after you suck off a 12 gauge.

          • Wayne937

            Mr. Retard, since you think you have all the answers you can have this forum to yourself and answer your own questions as far as I am concerned. I hope people will see you for what you really are. You want to talk down to everyone else as you think you have all the answers. Well, I don’t play those silly games with those kind of people. You are an arrogant selfish fool and you are showing your ignorance. I will not respond to any more of your foolish statements. My dad alway said, never argue with idiots as they will drag you down to their level. This has certainly proven true over the years, and I have learned my lesson well. Don’t respond Mr. bigshot arrogant as I am going to delete this forum as soon as I send this message. I can’t stand stand people like you.

  • 45caliber

    I saw an article of interest the other day. Someone had made gold coins and was using them as money based on that days price of gold. The Feds ruled that this was a form of counterfieting. Apparently it was illegal to use gold and silver as trade items for goods.

    • James Jones

      Do some research. I will now that I’ve mentioned it. Three states, as of about 2 months ago, are accepting gold coins and bullion as currency. Maybe more by now. Utah was one, don’t remember the others.

      • 45caliber

        You are correct. They did. But as of two weeks ago, the Feds filed counterfieting charges against one of the companies making the coins. Do your own research.

  • chuckb

    palins worse enemy is the republican hierarchy, karl rove and company, some noted so called conservative columnist who are liberal. i respect dick morse for his political savvy, yet, i fear he has sold out to the romney camp, when he appears on some news programs he continually slips favorable insinuations towards romney. sometime i think he’s still working for the clintons. these people keep talking palin down and you can understand why, whoever they back doesn’t compare to palin.

    • mark

      Palin’s worst enemy is Palin. Why doesn’t she read some books, take some courses, expand her knowledge base like all growing adults should – instead of starring on these ridiculous reality shows, giving $100,000 pablum speeches to conservative groups every week, and quitting her job as governor of Alaska to grab all this easy cash from her worshippers.

      • bob wire

        ditto, after all is said and done.

        also my I add, just a one years study into national politic pretty much describes Ms. Palin as well.

        Hardly worth the consideration or bother the read.

        Not wishing to steal her thunder in cleaning up her state at that time, but I feel more like someone rolled over and Palin was there to make it legit. Someone got cut out of the deal.

        • eddie47d

          Wayne 937; Would Sarah go after the big oil companies like you said in # 2 if she became President?

          • Jay

            What’s your issue with oil companies eddie?

        • Jay

          bob:Not wishing to steal her thunder in cleaning up her state at that time, but I feel more like someone rolled over and Palin was there to make it legit. Someone got cut out of the deal.

          bob, we can always count on you making precise and unambiguous statements. Thank you for consistency and dedication to such!

          • 45caliber

            Now if his statements were actually truth, they would be even better.

      • Jay

        Yeah, I know mark, and I fell for ya. If only you were in her place, right? Ya, its just not fair, is it mark?

  • Mad Max

    Yes, but the people don’t depreciate. If you are an American and you care about yourself and the future – Check out:

    “Common Sense 3.1” at ( http://www.revolution2.osixs.org )

    Theres still some hope for us after all. “Spread the news”

  • chuckb

    mark, bob wire, it’s strange how you barry soetoro supporters can denigrate anyone. palin will clean your hero’s slate come nov. 2012. in fact your hero will not beat hillary for the bolshevik nomination next year. face it, you lose.

    • Karolyn

      Why do you assume that anyone who sees through Palin thinks that Obama is his hero???? Can’t it just be that we are just perceptive enough to see through her? And it is as plain as the nose on your face that she is not capable of being President!

      • chuckb

        karolyn, most of the denigrating comments come from people who can’t see through whom they voted for. like, can’t see the forest for the trees.

        • bob wire

          Chuck , You were seeing through Obama before you knew much about him. so you are not offering us very much to consider, only that you don’t like Obama. Maybe it’s the tan, your are leaving me to guess.

          You attack, we defend. ~ simple enough to me? You don’t like people that defend? ~ I suppose suppose you’d like it better if I rolled over and play dead for you?

          Quit attacking the man and we will quit defending him.

          Why not attack the issues instead?

          Like the myth that Tax cuts creates jobs?

          How much more must we subsidize the wealthy until we might see a few more of those jobs created like we were promised? I don’t need one myself but I have friends and family that do.

          When was the last time that we heard of Fire fighters or school teachers needing a bail out?

          While I’m not so peachy keen on government employees, if we are to have a reasonable facsimile of a functioning government, we need them. Don’t you want your government to return you calls and respond to you letters? There was a point in time, Jim Wright and John Hightower always came though for me in my time of great need.

          I expect such a response, I pay for it and I supported these men. But they can’t conduct their affairs without the money for staffing.

          I defended Ollie North in his time of need when congress had him, heels locked front and center explaining his action while serving the Commander and Chief. He earned my support, while I don’t share Ollie’s political views, then or now.

          Obama is not the boggie man, but just a man.

          But if you want to fill your pockets with gold and silver and run off to places unknown Chucky, don’t let me slow you down. I’ll hold the door open for you.

          • Jay

            bob, I see that you are a astute student of Karl Marx. You even have his double-speak well honed. Just wondering, how many “polly want a cracker” did it take?

          • Jay

            bob:Quit attacking the man and we will quit defending him.

            Why not attack the issues instead?

            I would suggest considering his “world-view” , as with obama’s world-view, which is, socialist/marxist/leninist, rather then attack the issues. As a consummate dumbbell that you are, which you prove time and again, as is apparent in your ridiculous question, that one may actually succeed in drawing fresh water from a poisoned well, should he but reason, that if he were to try often enough, he just might succeed!

          • bob wire

            Oh!! name calling and attacking some more are we Jay? Ouch!

            maybe you should stop while you are ahead jay.

            I’ve no time too play with you now. Go play in the freeway until I get back. Chase cars! They are loaded with democrats you know?

          • Jay

            My my, liberals are so sensitive. Just an imperceptible surface-scratch, sends them sobbing and crying to the nearest pharmacy!

    • mark

      Sorry to burst your bubble, but according to about a quarter of the contributors to this blog, there will not be a presidential election in Nov. 2012. For the first time in the history of the republic, a standing president is going to cancel the presidential, Congressional, Senatorial, and who knows all state, county, and municipal elections that year. And the 150 million Americans who own guns are just going to accept this. If you buy that then I guess Sarah Palin is still the governor of Alaska.

      • chuckb

        mark, have you been using some of that funny stuff? no elections in 2012? barry would love to become dictator, however, the people who pull his strings would be dubious and wouldn’t allow a power they can’t control. barry hasn’t got the smarts to be a dictator, they feed him and michelle vacations between his telepromter moments so he is not exposed to too much scrutiny. getting a vacation amendment inserted into the constitution might be a good idea before he and michelle bankrupt the nation. anyway palin will take care of barry and pull us out of this depression.

        • eddie47d

          I have heard several on this site including Raggs that Obama will cancel the 2012 elections and become a dictator. I totally doubt it but you know how those conservative rumors are.

          • James Jones

            Given certain national divisiveness (upheaval), war involvement, and economic collapse, he can do just that! Are the PUGs playing right into his hand?

    • 45caliber

      While I’m not really a Palin fan, I think the biggest problem with her is that the libs and the professional politicians are so terrified by her becoming President that they will do and say anything that might possibly disrupt her run. And I don’t believe they do this because they think she might be a bad President. I think it is because they are terrified that she might be a good President and that the people might actually like her.

      • bob wire

        and you should be too 45, ~

        But the truth is , you are wrong ~ the democrats are not terrified by her becoming President as much as the thought of living in a nation where 51% of the voting public believes that she should. Now that is a scary thought!

        • Jay

          What is scary bob, is that you learned how to read and write, like “a child with a gun” scary!

          • bob wire

            Now that failed to make much sense?

            Maybe you should try again?

            I haven’t killed anyone in a long time there no need of fear from me. I don’t even own guns anymore ~ you and your friend have so many there is no need with so many handy.

          • Jay

            Read it again bob, you obviously didn’t get it!

        • 45caliber

          It is better than living in a nation where 51% of the people believe they should be able to sit at home and the rest have to support them. And I’m afraid we have that one.

    • bob wire

      “Palin will clean your hero’s slate come nov. 2012.”. You keep dreaming that Chuck. As I have , she’ not even running but I wish that she would.

      And “O” is no hero or no messiah, just “YOUR” President.

      • Jay

        bob:And “O” is no hero or no messiah, just “YOUR” President.

        NO, YOUR president, hero and messiah, bob!

        • bob wire

          So you are not an American Jay. Than why are you here?

          Or are you just deceiving yourself and thinking no one might notice?

          Or do you create your own special reality and hide from truth and facts.

          I could have said much the same thing about 43, his two presidential victories were both extremely questionable. Dangling chads, one judges decision, etc. ~It was never really a clearly defined mandate. A much as I dislikes 43, I accepted him as the president of the USA.

          So what is so special about Jay that he thinks that he can alter reality?

          I don’t believe that you can ~ I think that you are left to live inside your own head and refuse to come out to face the realities of the day.

          • Jay

            bob: So you are not an American Jay. Than why are you here?
            Translated: Jay you’re not an American because you dare question and criticize the present authority.

            Or are you just deceiving yourself and thinking no one might notice?
            Translated: Just so you know Jay, I notice that you question and criticize the present authority, and therefore, I consider you a non-American.

            Or do you create your own special reality and hide from truth and facts.
            Translated: Unlike myself, bob, as I just happen to have a firm grip on reality, and I’m confident of what is true and what is factual, and I certainly do not hide from such. I just ram it down people’s throats, that’s how American I am!

            I could have said much the same thing about 43, his two presidential victories were both extremely questionable. Dangling chads, one judges decision, etc. ~It was never really a clearly defined mandate. A much as I dislikes 43, I accepted him as the president of the USA.
            Translated: Disregard my above statement as I just did what I said I could have.

            So what is so special about Jay that he thinks that he can alter reality?
            Translated: Why can’t I convince Jay that what I think and say is the truth. I realize that for the most part my statements are usually vague and ambiguous, but that’s besides the point.

            I don’t believe that you can ~ I think that you are left to live inside your own head and refuse to come out to face the realities of the day.
            Translated: I know I won’t convince you today Jay, but I will keep trying. And, I’m confident that one day I will persuade you to lay aside your critical thinking and embrace the socialist propaganda with all your heart, as I have done. GO OBAMA!!!

  • chuckb

    45, exactly right. they have been on this gals back since she ran for the vp. it’s so obvious they fear her, otherwise why would they spend so much time trying to down grade her. furthermore there’s no republican in the current crop that would stand a chance against her in the primaries if she decides to run, in fact this current crop is the weakest field seen in a long time. even the rino’s hate and fear her.

    if she decides to run and i believe she will, the mortality rate amongst the bolsheviks will be something to watch. she isn’t in a hurry and i think she’s smart by waiting.

  • Bill

    I personally think Palin would have made a better America today then Obummer has!

  • WhatWillYouDoWithOutFreedom

    I have read almost every comment here and my words to all is to remember that “our fight is not against flesh and blood but against demonic powers in high places”. It also says that “don’t fear because I have told you in advance that these things will happen.” God destroyed Sodom for its sexual immorality. Does anyone think that America will suffer any less for its immorality and killing of children. I don’t think so. Personally I don’t think this country has a chance in hell. People have become so selfish and greedy that no one cares for anyone else. If this country has to fall to bring people back together again, for people to turn back to God then so be it. “Life is but a vapor and then it passes away.” as the saying goes there are not atheist in the fox holes. Our Constitution was written for a moral people and is insufficient for any other.

    • bob wire

      That’s rather “pious” of you. But I know that you can’t see it as being so.

      What a handle!~ “what would you do without freedom?”

      Hmm? absolute Freedom is to have nothing left to lose?

      That is the only time that you can be truly free. To be otherwise, you are a slave to your beliefs and what you “think” you own.

      I would think a self proclaimed Christian might understand such lofty levels of thought.

      You don’t want to be “that” free! Trust me.

      • Jay

        bob:Hmm? absolute Freedom is to have nothing left to lose?(socialist/marxist-religion)

        Wrong again bob, absolute freedom is to have absolute choice!

        • bob wire

          having nothing to lose is an absolute choice Jay and the only way you might have such a choice.

          • Jay

            bob: having nothing to lose.

            Interesting and vague statement. What do you mean by it?

        • bob wire

          and it has nothing to do with packaged and sold “thinking”

    • James Jones

      Thanks. You brought to mind some personal analogies I had thought of individually over the years. After reading your narrative, they jumped from my brain’s archives all at once. For example, should it ever be considered: the holocaust was punishment for not offering protection from the horrible death of Jesus, the Civil War as punishment for slavery policy in the U.S., the fall of the British Empire for its colonial behavior especially the Opium Wars and policy with China, and many others throughout history, but lastly, could the recent spiral-down of the USA be caused as punishment for such absolutely wrong war policy of the last 8 years and/or overstepping moral boundaries in Vietnam? Is it God’s punishment, or good’ole natural kharma coming down? Take you choice, it’s one or the other, with same results. I go with God! Cheers

      • bob wire

        That was some fine cherry picking J Jones.

        and the tusumi that hit Japan was because? somebody had been very naughty there?

        and Port of Prince was laid to waste because? The whole town deserved it?

        and the Mississippi is flooding her banks and laying waste because? God has a better plan for irrigation?

        and the snow cap mountain of Kilimanjaro is all but melted because? Snow only last so long anyway and it’s Gods way of redecorating.

        and if God gave us his “only” begotten Son, does that mean he had only one? and if so , from where did he get him? Why would he have only one? Why would he even need one?

        and the people of Pompi must have been very naughty as well, since they were buried alive in ash 30 ft. deep.

        and the passengers and crew aboard the Titanic? Why? ~ what was Gods intentions with that one?

        We can cheery pick apply “cause and effect” and ‘circular reasoning” to support any point of view or belief we can dream up.

        I believe ~ most of us wants to think that we are on Gods side.

        Clear Pure thinking is rare. I’m left to believe that’s what God would prefer of us.

        • Jay

          And you live and breathe? Because God has sense of humour!

        • Bert Cundle

          But the DEVIL made me do it… & For God & Country… HA,Ha,ha.

          • Jay

            Bert, you must be another one of those walking planet earth that prove beyond a shadow of a doubt that God has a sense of humour!

  • denniso

    Any god that you imagine has any concern for us humans,is purely a figure of mythology. We humans control ALL human affairs on this planet,as well as much of the natural world…no god has any say in anything that ocurrs in the universe. Wake up and get to work,like millions of hard working people every day are doing,and try to fix the mess and problems that are all caused by human greed,stupidity and selfishness.

    • bob wire

      We think that we do (control thing)!

      The Right Wing Christian Coalition is alive and well, you know the guys? The ones that supported two unfunded Holy Wars with fire in their eyes and a belly full of hate?

      Today they are back calling themselves the Tea Party (claiming passable deniable, personal freedom and conservatism ) and expect the middle and lower middle class to pay for them now.

      That they allowed themselves to be hoodwinked by the top 2% that pander to their “faith” playing them like a violin as they lined their pockets in some frenzied war folly is not enough! They still think they are brighter then most folks and want control to screw the world up some more. They are not done yet!

      Hey! we wanted one man , Osama and his Lieutenants. ~ So why the killing of a 100 of thousands and maiming of 200 thousand men, women and children just to to kill one man? Laying waste to cities in a nation that has few cities? people that cook their meals with camel dropping?

      I don’t have a problem with killing, maiming or laying waste but~ needlessly I certainly do. The only reason this continued and continues to day is because somebody is making money.

      And you demand control yet again? I don’t think so.

      • Jay

        Still stuck on labels, hey dumb dumb?

        • bob wire

          When it looks like a duck, walks like a duck and quacks like a duck, I’m calling it a duck.

          • Jay

            bob: When it looks like a duck, walks like a duck and quacks like a duck, I’m calling it a duck.

            Dittos bob, and likewise; When one looks like a schmuck, walks like a schmuck and writes like a schmuck, I call him schmuck!

    • Jay

      denniso, I see you took the blue pill..zzzzzz.

  • Chris

    I’m so glad I got out five years ago. I took my life savings and bought silver bars at about $12 an ounce. Sold the house, sold the boat, sold the cars and got the hell out. Now I get my pension check and my social security check and immediately buy gold and/or silver after I pay my monthly expenses, which are about one-third what they were in the states. No regrets; no paper dollars.

    • James Jones

      Super job Chris. I did some of the same but not as thoroughly as you. In ’99 sold house, my part of a business in a high-cost area, retired to moderate midwest area, not out of the US. I was buying silver when it was $6 for 1 oz Canadian .99999 coins and continued buying some until it went over $19 per oz. Now I’m trying to reap, but it won’t quite get there. For my expected life-span, I would cash-in total at $60 per oz, and perhaps buy some short-term on dips (reaching $48 recently was closest yet, we need a surge there). Good Luck.

  • James Jones

    Everywhere there is a huge money problem there is a PUG in the woodpile. Tricky Dick took us off the gold standard causing massive inflation blamed on Carter. 9-O’Clock Ronnie decentralized which really means decontrolled and cancelled all oversight on everything resulting in the outright destruction of many trades and professions, but most PUGs loved him for it cause it created a more massive slave class. Bush SR started the credit policy of allowing a $20K per year earner buying a $400K house with 8% interest and other consumer credit wherein a high school and college kid could get a high limit credit card with no job while relying on student loans. The result is a very young person enslaved by debt, oh my, the beginnings of another slave class for life. I don’t have the stomach to go forward to Bush JR, or backward to Abraham Lincoln. The obfuscations there would make a goat barf!! hagd

    • bob wire

      Excellent Cliff Notes to our current demise JJ!

      but educate me the acronym “PUG” to what do you refer? ~ I just hate guessing. I’ll look it up!

  • bob wire

    What is PUG?

    PUG is “Pick Up Group”

    PUG Definition / PUG Means
    The definition of PUG is “Pick Up Group”

    The Meaning of PUG
    PUG means “Pick Up Group”

  • chuckb

    jjones, tricky dick took us off the gold standard!! better go back and check your history, fdr took us off the gold standard. when nixon stepped in an stopped the gold transfer by foreign nations, we had more money out than gold to cover the dollar. your real estate assessment is pure baloney like the rest of your comment.of course you can’t be blamed the public schools are not known to teach much more than a third grade level.

  • DennisJ

    The main problem has been the financial institutions creating money from mortgage bonds which everyone needs to purchase a roof over their heads. What many people do not realise is that the banks are STEALING your property from you when they foreclose if you cannot afford to pay the mortgage. The Banks were paid out IN FULL plus a massive profit years ago. That document that they present to the courts is not valid anymore and if you ask them to prove it,they can`t.

  • Jay

    Interesting, the glaring double-standard, by which is observed the fact that liberals do not moan and bewail over the fact that one who is clearly guilty is allowed to walk free, and that, over a technicality, as they moan and bewail over the possibility of one who might be innocent, and could end up behind bars!

    • Jay

      I meant to post this statement in an other room.

  • Bert Cundle

    I Don’t believe, that our Government is 15 T. in debt… The Population COULD BE!!!

  • Bert Cundle

    15 T / 310 M. … Would be about $500.00 from everyone with an income, for 1 year: to pay off the debt to “0″.

    • Bert Cundle

      After All … We let the Political Bush Family Get us in Debt. ; while they robbed the rest of the world!

      • Jay

        Bert: After All … We let the Political Bush Family Get us in Debt. ; while they robbed the rest of the world!

        Bert, you are absolutely correct. But don’t let that distract you from the present potus who has quadrupled the efforts to rob the American taxpayers of their wealth, while at the same time taking our country to brink of economic collapse, and that, with considerable success, may I add!!! No doubt, you must be very proud of your present, modern-day “Robbing Hood”.

    • 45caliber

      Bert:

      I think you missed the decimal point. I figure it closer to $50,000 per person – and since we have about 310 million people in the US – TOTAL – that means that every man, woman, and child owes the money. So instead of $500 per person (or per worker as you stated) it is a LOT more.

    • jonathan w

      Bert, that is some incredibly faulty math. Try $50,000 for every man , woman, and child in the nation. And that assumes that We The People are the ones who actually owe this debt.

  • chuckb

    bert cundle, did you write this nonsense om your leaver from the funny farm. barry and the democratic congress and senate have indebted this nation more than any administration before them. open your eyes.

  • Jay

    Michael Hudson is a highly-regarded economist. He is a Distinguished Research Professor at the University of Missouri, Kansas City, who has advised the U.S., Canadian, Mexican and Latvian governments as well as the United Nations Institute for Training and Research. He is a former Wall Street economist at Chase Manhattan Bank who also helped establish the world’s first sovereign debt fund.
    Hudson says:
    ▪ The European debt crisis is really financial warfare by the banks
    ▪ Indeed, the banks are in warfare against the rest of society

    In a separate interview, Hudson says:
    ▪ What’s going on in Greece is exactly what’s going to happen in America in a couple of weeks.
    ▪ The big banks are forcing their bad debts on government
    ▪ They are also forcing governments to sell off national assets so the banks can install a “neo-feudalism”:

    As I documented last month in a post entitled “America Is Being Raped … Just Like Greece and Other Countries”, America is in fact being subjected to the same type of plundering as Greece and Ireland.

    Professor Hudson explained in 2008:
    You have to realize that what they’re trying to do is to roll back the Enlightenment, roll back the moral philosophy and social values of classical political economy and its culmination in Progressive Era legislation, as well as the New Deal institutions. They’re not trying to make the economy more equal, and they’re not trying to share power. Their greed is (as Aristotle noted) infinite. So what you find to be a violation of traditional values is a re-assertion of pre-industrial, feudal values. The economy is being set back on the road to debt peonage. The Road to Serfdom is not government sponsorship of economic progress and rising living standards, it’s the dismantling of government, the dissolution of regulatory agencies, to create a new feudal-type elite.

    I reported last year:
    Foreign Policy magazine ran an article entitled “The Next Big Thing: Neomedievalism”, arguing that the power of nations is declining, and being replaced by corporations, wealthy individuals, the sovereign wealth funds of monarchs, and city-regions.

    As I noted in 2009, a leading progressive economist that the true purpose of the bank rescue plans is “a massive redistribution of wealth to the bank shareholders and their top executives”.

    As the wholly non-partisan Australian economist Steve Keen notes:
    ▪ “This is the biggest transfer of wealth in history”, as the giant banks have handed their toxic debts from fraudulent activities to the countries and their people
    ▪ The big banks blew bubbles – using fraud – because that’s the only way they could make obscene profits

    Indeed, this isn’t the “Great Recession”, it’s the Great Bank Robbery. The big banks have pillaged and looted the rest of the world.

    And it is not only Greece which is losing its sovereignty … the big banks have turned America into a banana republic as well. Remember, the trillions in bailouts went to banks, not Main Street … and a large percentage of the bailouts went to foreign banks (and see this). And so did most of money from the second round of quantitative easing.

    Indeed, the warfare by the big banks is global.

    Postscript: If this sounds like breathless class warfare against the financial sector, remember:
    ▪ Inequality largely caused the Great Depression and the current economic crisis
    ▪ The father of modern economics – Adam Smith – didn’t believe that inequality should be a taboo subject
    ▪ Warren Buffet, one of America’s most successful capitalists and defenders of capitalism, points out:
    There’s class warfare, all right, but it’s my class, the rich class, that’s making war ….
    ▪ Conservatives – as well as liberals – are against rampant inequality. But all Americans underestimate the amount of inequality in our country

    http://www.globalresearch.ca/index.php?context=viewArticle&code=WAS20110711&articleId=25586

  • Amiabelle

    I have heard advice about preparations for coming catastrophies. Buy gold and silver, store food, get out of debt, live in a rural area, etc. However, it seems that, if we have massive inflation, debt would be repaid with cheaper dollars if we just keep making monthly payments now. Assuming we maintain an income and it goes up with inflation, while our debt remains constant, it would be easier to pay down later. And that extra money could go for coins, food, etc. Any comments?

  • Maya

    After reading for a couple of hours (at least) all the comments and ideas, some which are very interesting, I can only say that many of the subjects being debated are actually brought up by the Media which enjoys to use scare tactics because that results in”good News Subjects”. The reality is that even though the “Government Debt” is a “mount Everest” to be conquered, it is not the end opf the world and more than that it is NOT The End of America.
    This nation above all others in this small planet of ours, has been and still is the most resourceful with its people the most inavative and ready to face adversity and conquer it. No, there is no reason to fret!
    We are “A Nation Under GOD” (Where did I read that?) and under such guidance and its people qwill continue to be the light of freedom, prosperity and justice for all. How can a temporary money problem beat that???

  • Maya

    Sorry for the typos, and please note “innovative” was misspelled!

  • Maya

    Amiabelle: Are you referring to the “Mayan” prediction for December 2012?
    If so, you may rest easy, as I stated before the media loves to scare people and the same goes for those taht want to “|sell” books and information. The Mayan people deviced a method to record the passage of time by building a calendar using their observations of the heavenly bodies changing positions with the passage of time. They noticed that there was indeed a “cycle” which reapeate4d itself and started and ended the cycle when the stars showed an alignment with the center of the Milky way. If you have studied ancient history you will also find that in Greek mythology they saw strange happenings in their skies and wrote about the “war of the Gods” for supremacy in which Zeus was captured and later scaped to become the principal God of the heavens. The point being that the earth did not end then, and it is very doubtful it will end now. There may be definite changes in the weather patterns and (we already had Tsunami)and there fore it may be wise to be prepared for a temporary hard time just in case, since crops may be affected . . . But Where in the palnet??? That’s a good question!

    • denniso

      Good comment. The Mayan calendar ended because it ended…they extended it hundreds of years ahead of there time and didn’t worry about going further.

      Humans can destroy the world,and we are doing a good job of it already. There is little doubt that the outrageous weather for the past 15 yrs is related to global warming,and it will get worse if we don’t do anything about it. We are sucking rivers dry,blasting mountain tops off for coal,clearing forests,filling the atmosphere and oceans w/ pollution and CO2,methane and more. No calendar has anything to do w/ how we are wrecking the earth,humans do…all of us.

  • James

    Any spare money one has should be in gold or silver. Gold rose to $1593/ oz. today. Two weeks ago it was $1488/ oz., that’s a 7 percent increase.

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