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The Next Chapter In The End Of America

February 11, 2011 by  

The Next Chapter In The End Of America

I believe we are seeing the very early stages of a great monetary crisis that will, eventually, lead people (and then their politicians) to return to gold- and silver-backed currencies. — Porter Stansberry, May 4, 2006

Four years ago, we began warning people something was seriously wrong with our money — the mighty United States dollar.

The economy was enjoying a furious bull market. Everything — literally everything — was going up.

Near the peak in February 2007, investors were no longer requiring a higher return for taking more risk — a so-called "risk premium"…

Junk bonds were trading at nearly the same prices as triple-A credits. Garbage penny stocks were trading at blue-chip prices. Dividends had disappeared. So much money and credit had been created from thin air (subprime mortgages) and thrown into the market that prices had reached a point where, as careful analysts, we could find nothing safe to buy.

We were afraid of what would happen next. We knew the country would have to make a choice. Would we write down and write off the excesses of the greatest credit bubble in history? Would thousands of banks fail? Would millions of "investors" — fools, really — lose everything? Would the slate be wiped clean, allowing a recovery to occur?

Or would something far worse manifest?

Would politicians seeking power and wealth promise to bail out unwise corporations and reckless lenders? Would the full potential of our paper money system be revealed to the public? Would there be an all-out attempt to "paper over" the bad investments and debt-driven losses?

We always knew what would happen. Our democracy — the most powerful government in history — would surely choose to print. How did we know? Because that’s what governments do… all of them… especially democracies. Their ability to print money is always too powerful a temptation to resist — to paper over… to create money from thin air… to lie, cheat and steal from the citizens via inflation.

We knew it would happen. We warned and warned it would happen.

And now it’s happening. We have proof.

Last month, some of the Fed’s secrets were unearthed. Dozens of well-connected companies received billions in bailout money from the Fed — deals the central bank never disclosed to Congress or the press…

Remember when the government promised it would only rescue companies that posed a "systemic risk" to the banking system? It was a lie. Harley Davidson got $2.3 billion in Fed money. Caterpillar got almost a billion dollars. Even McDonald’s got more than $200 million.

In all, the Fed printed up $3.3 trillion and doled it out to what seems like every big company on the planet with a lobbyist in Washington, including dozens of foreign companies with almost no U.S. employees.

Since then, the prices of gold and silver have rocketed 150 percent higher. If you took our advice and began to hoard gold and silver bullion, you’ve probably protected your net worth from the worst of the collapse of 2008 — at the very least.

If You’re New To The Story, Don’t Worry.

The curtain is about to come up on the real show. Politicians (and the press) have largely supported the Fed’s decision because, in their eyes, printing the money was better than falling into a massive recession or possible depression. And that’s certainly true — in the short run.

In the long run, these decisions must lead to more printing and eventually the collapse of our currency.

Regards,

–Porter Stansberry with Braden Copeland

PS: The next chapter in the end of America will most likely end our monetary system. To learn more about this collapse, please click here.

Porter Stansberry

founded Stansberry & Associates Investment Research, a private publishing company based in Baltimore, Md., in 1999. His monthly newsletter, Stansberry's Investment Advisory, deals with safe value investments poised to give subscribers years of exceptional returns. Porter oversees a staff of investment analysts whose expertise ranges from value investing to insider trading to short selling. Together, Porter and his research team do exhaustive amounts of real-world, independent research. They've visited more than 200 companies in order to find the best low-risk investments in the world.

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  • s c

    It is illogical to have faith in fiat (paper) money. It is far worse than illogical to have faith in the Fed. According to a shady yahoo in history, “Give me control of a nation’s money supply, and I do not care what your leaders or your generals say or do.”
    I have no use for that individual or anyone who thinks like him. However, the SOB did know what he was talking about. FYI, for those who haven’t a clue what I mean, the Fed is the embodiment of what happens when an individual or a group controls a nation’s money supply.
    So, how many Americans have a use for the Fed or elected ‘leaders’ who want us to believe that the Fed is the greatest invention since sliced bread? People, ignorance and stupidity are no longer viable options in this world. Those behaviors are about to take a huge chunk out of your rump(s).

    • Al Sieber

      sc, I agree, did you hear any of the hearings having to do with stock market manipulation and to audit our gold reserves? also Arizona is counter suing the Federal Govt. for not doing their job concerning the illegals, and not securing our border.

      • Richard

        Good for Arizona.
        Sad fact – much of our gold reserves have been shown to be gold plated bars.
        If you invest in gold only do it with real gold you hold in your hand. Paper saying you own gold could very well be worthless.

        • http://Illinois'17th Old Henry

          Richard:

          My sister asked me several months ago during a conversation what I thought was in Fr. Knox. Without a non-second’s hesitation I said,”Cobwebs”.

          • http://?? Joe H.

            Old Henry,
            Those are FAKE cobwebs!! The government cant afford REAL ones!!

        • Average Joe

          Richard,

          “If you invest in gold only do it with real gold you hold in your hand. Paper saying you own gold could very well be worthless.”

          I would also add that when you purchase “physical gold”, that you do so in ingots with no monetary value “printed” on them (as in ($50 US gold pieces etc.)
          A lesson learned from 1934 when FDR confiscated the gold from the American people at…. “face value” ( which btw robbed the American people of 40% of their wealth). Imagine having your gold taken at face value now ($10 one ounce gold piece is factually worth almost $1500…but the government will be happy to take it from you for…$10 in FRN’s)….
          I hope this enlightens everyone concerning the purchase of physical gold and silver.

          Beware of Geeks baring Grifts! (new spin on an old saying)

      • EddieW

        What an AMAZING Racket…The Fed gives Billions to Banks & Wall Street….but they don’t have to pay it back…the Taxpayer does!! We the taxpayer get NO benefits from it, they get richer, and stick us with the bill, so they can keep all their profits for themselves….The Mafia really screwed in not finding this treasure trove!!! I should be given a million, and you forced to pay it back!! Sweet huh? Screw the taxpayer!!!

        • http://Illinois'17th Old Henry

          2.3 BILLION to Harley – Davidson?!!! What the h*ll!

          • http://?? Joe H.

            Old Henry,
            It gets worse!! Guess who just decided to open a plant in India???? Harley Davidson!!!

          • JC

            You didn’t know that Harley Davidson was on the recipient list for a bail out? Now its just another State Owned commodity.

            Here’s a pretty good list of TARP Recipients:
            (This will make you, the taxpayer, very proud to an American)

            http://www.nytimes.com/packages/html/national/200904_CREDITCRISIS/recipients.html

          • Dan az

            JC
            How is it that the federal reserve can bail out them selves?
            Who actually owns the Federal Reserve Central Banks? The ownership of the 12 Central Banks, a very well kept secret, has been revealed:

            Rothschild Bank of London Warburg Bank of Hamburg
            Rothschild Bank of Berlin Lehman Brothers of New York
            Lazard Brothers of Paris Kuhn Loeb Bank of New York
            Israel Moses Seif Banks Goldman, Sachs of New York
            of Italy Chase Manhattan Bank of New York
            Warburg Bank of Amsterdam
            (Reference 14, p.13, & Reference 12, p. 152)

            These Bankers are connected to London Banking Houses, which, ultimately, control the FED. When England lost the Revolutionary War with America, they planned to control us, by controlling our banking system, with the profit, on the printing of our money, and our ever increasing debt.

          • JC

            Exacly right Dan. And if you click on the link above you will notice that pretty much everything on the bail out list is a bank.
            What do you think (know) all that extra cash circulating has done to the economy? We’ll be trading in Chiclets soon as they will hold more value than American money.

          • Dan az

            JC
            I did and the first thing that came to mind was how many banks where owned by the F/R I had a list once that gave all of there holdings but lost it and the list was about as long as the one you provided. Funny how that works print the money give it to your self and make the tax payers liable for life.

          • JC

            Dan, it is a “Hamster Wheel / Ponzi Scheme” and it started with Meyer Amshel Rothschild in England in the late 1700′s. Hamilton helped bring it to America and should have been shot as a traitor.
            In any case…it has to go if we are ever to be a free Republic.

        • LES

          Isn’t the Chicago Mafia in on this ?

          • Average Joe

            Isn’t at least one of them in DC?…..then the answer is a resounding…YES!

          • http://Illinois'17th Old Henry

            Les:

            You bet. The Chicago mafia is running the country thanks to the brain-dead electorate.

        • Dan az

          Each of the twelve Federal Reserve Banks is organized into a corporation whose shares are sold to the commercial banks and thrifts operating within the Bank’s district. Shareholders elect six of the nine the board of directors for their regional Federal Reserve Bank as well as its president. Mullins reported that the top eight stockholders of the New York Fed were, in order from largest to smallest as of 1983, Citibank, Chase Manhatten, Morgan Guaranty Trust, Chemical Bank, Manufacturers Hanover Trust, Bankers Trust Company, National Bank of North America, and the Bank of New York (Mullins, p. 179). Together, these banks owned about 63 percent of the New York Fed’s outstanding stock. Mullins then showed that many of these banks are owned by about a dozen European banking organizations, mostly British, and most notably the Rothschild banking dynasty. Through their American agents they are able to select the board of directors for the New York Fed and to direct U.S. monetary policy. Mullins explained,

          ‘… The most powerful men in the United States were themselves answerable to another power, a foreign power, and a power which had been steadfastly seeking to extend its control over the young republic since its very inception. The power was the financial power of England, centered in the London Branch of the House of Rothschild. The fact was that in 1910, the United States was for all practical purposes being ruled from England, and so it is today’

          • Dan az

            Dr. Peter F. Krogh, Dean of the School of Foreign Service (Georgetown)
            The Two Step Plan to
            National Economic Reform and Recovery
            1. Directs the Treasury Department to issue U.S. Notes (like Lincoln’s Greenbacks; can also be in electronic deposit format) to pay off the National debt.

            2. Increases the reserve ratio private banks are required to maintain from 10% to 100%, thereby terminating their ability to create money, while simultaneously absorbing the funds created to retire the national debt.

            These two relatively simple steps, which Congress has the power to enact, would extinguish the national debt, without inflation or deflation, and end the unjust practice of private banks creating money as loans (i.e., fractional reserve banking). Paying off the national debt would wipe out the $400+ billion annual interest payments and thereby balance the budget. This Act would stabilize the economy and end the boom-bust economic cycles caused by fractional reserve banking.

    • herman richardson

      It is not just the money they control, they control the very fuel it takes to keep these massive grid on line, oops forgot get ready we shall cut your power for a day or too so everyone can catch up!! If you think about it we are all screwed like tied goats, and the only thing this government is doing is driving a bigger wedge between the people. If there is no agreement only anger and arguments, they have won. Get them the hell out of the positions of power that they are in!! It will be too late soon

      • http://Illinois'17th Old Henry

        Herman:

        YOu are correct on your points, but we fired the first shot over their bow on November 2nd. That, however, was just the first skirmish. The war will go on for some time to come, IF we can squeeze enough time out of this mess. The Tea Party people on Congress MUST remain tied to the principles that paved their way to DC, and countless Statehouses.

        Our decades-long ambivalence to government in general has created one hellava mess. However, unlike nations of the past, we have the sort of govermnent structire that will allow us to make the necessary course correction if we maintain the steam.

        • ValDM

          I fear you are mistaken. After Harry Reid’s “stealing of the election in Nevada, I have little faith in the election process. Oh, we may be able to “vote”, but will it count??

          • DOGS FIGHT

            Actually, our government has been at war with us since Waco and Ruby Ridge. The feds went in and burned some folks who in the end, just wanted to be left alone to do things thier way.

          • Al Sieber

            ValDM, you’re right, “Those Who Vote, decide nothing, those that count the vote, decide everything”.- J. Stalin. or if voting counted, it would be illegal.

          • kate8

            Lot’s of countries have “elections”, but how often do the people get who they voted for. It seems that whoever has power, wins.

            Does anyone out there really think things are different here?

            Obama was declared our next president before anyone had ever heard of him. And I’m quite sure that the PTB were well aware that he was neither qualified nor elegible. But then, if we are all world citizens now, it wouldn’t matter if he was American-born, would it?

          • Al Sieber

            Kate I don’t things are any different, in fact they’re gonna get worse. I heard Ron Paul came out a head in a presidential poll, that could be a good sign.. we don’t have too many worth while choices in 2012.

    • hflashman

      Ummm….perhaps one should remember…HD and Caterpillar, while only one was in dagnger of fiscal issues, both were facing a severe downturn in business. One centered its business around consumer transportation…the other in industrial purchases. The evident future cycle ahead for both would have mandated a cut in US labor force..exacerbating the already strained labor market as well as having a strong effect on the pace of any future recovery. Give me a break…

  • Eric Bischoff

    Mr Livingston, thanks for mixing it up with the writers. I am sorry but I get a little tired of the Ben Crystal and Chip Wood limited and tired point of view. I have been following Porter Stansberry and a lot of the Agora folks for years and they have a lot of well researched and well thought out information I think we should be paying more attention to them. They often are the canary in the coal mine.

    • Bitter Libertarian

      Here-here, Porter is one of the best.

    • Tazio2013

      Eric,

      Since I agree with your post re Crystal, Wood and Stansbury, thought you would appreciate another POV: “THE GOLD GAME”: Real Money / Free-Market-Thinking-Anarcho-Capitalism / Misesian (Austrian) Economics / Gold Bullion VS Fiat Currency / Militarism-Corporatism-Imperialism-Statism-Mercantilism / Keynesian (Socialist/Fascist) Economics / US dollar, euro, pound, yen, etc.

      • Al Sieber

        Tazio and Eric, I also think he’s right on, when it comes to the economy.

  • Cawmun Cents

    These accomplishments were done so they could control the downward spiral of the standard of life.All part of the appeasement process.Give up our slice of the pie so others can feast and we can keep from having to fight over it.It didnt work then and it wont work now.Another failed strategy by the Fed.

  • http://joyfullsong@roadrunner.com Carol

    It is important for the average American who does not follow politics, money, and history to be shown what is really going on in this country.
    Americans seem to believe that there is a “Superman” who will save us all and so they do not need to know what is really going on behind the scenes. Soon it will be too late.

    • Kim

      Carol, That is a great starement would like to post that on my fb page if you do not mind!!

    • Robin from Arcadia, IN

      Carol… Your post is so true… Too many people are not aware of what goes on in Washington or the world for that matter. Those of us who were born and raised here have led a lifestyle that only makes 3rd world countries hate us. Capitalism works, but not when the socialist are in charge. I fear for my retirement years. They are not going to be golden as I had hoped. The government is not going to save me either!

      • http://Illinois'17th Old Henry

        Robin:

        You are correct in that our fellow contrymen have not paid attention to Washington, and that was exactly what Washington wanted.

        Those dirt-bag polititicians are like errant kids whose parents are more interested in their country club, jobs and keeping up their “appearance” to the world than minding their kids. The kids run amuck and generally do whatever they want. After a few years the parents have kids in jail and re-hab and stand there scratching their collective arses wondering what the hell happened!

        • Bus

          Money comes and money goes, study history a little. The dollar spoken of in the Constitution actually referred to the Spanish dollar with was in circulation in the early states. As our economy begins to weaken perhaps another county’s fiat currency will replace it as the fall back currency…Big deal. The British pound was once the standard of the world until it was eclipsed by the U.S. dollar, now maybe it will be the Yuan’s turn. So what, they are still trading pounds in England, and Mexico still accepts U.S. dollars.
          Sorry for this bit of rationality, I realize it hurts your “The Sky is Falling” mantra.

          • http://Illinois'17th Old Henry

            If the dollar is dropped as the international currency and replaced by some other fiat currency it will drive up the cost of everything in our country as the prices will be adjusted to the exchange rate of the dollar to its replacement. That on top of the massive Obummer inflation.

          • Joyce from Loris

            Bus, I hate to bust your beliefs, but the Bank of Mexico just announced that they would no longer accept United States currency for deposit. All the money that the illegal aliens in this country have been wiring to the Bank of Mexico (an average of $20 BILLION a year) must now be converted to Pescos. They announced that recently. How’s that for a warm, fuzzy glow.

    • LES

      Isn’t that what the politicians depend on ?

    • http://foundersrevolution.blogspot.com/ Patriot1776

      Carol, that is exactly why we are prime candidates for a new dictator here in America! Because we are full of people who don’t pay enough attention and don’t take the time to educate themselves. Those people ARE waitng for a superman……just like Germany of the 1930′s

  • Bert Cundle

    Our Money Problem, is as old as Money! GREED… The Uro was a big step to world as one! When the Ruler of the world controlls the Money, People will be poor. Government & Slaves!!!

  • GenEarly

    The Truth,as I see it,is you are totally responsible for the condition you are in. If you don’t take care of yourself and your loved ones; it will be only you who is responsible.

    • http://Illinois'17th Old Henry

      GenEarly:

      No! No! No! Please say it ain’t so!

    • Average Joe

      People taking personal responsiblity for their actions?…Wow, what a concept….not that it will actually catch on here since we have become a nation of consumers…rather than a nation of human beings.

      In one word, I can tell you what the downfall of America will be…APATHY!

  • http://Illinois'17th Old Henry

    I wish I had known about Mr. Livingston back in ’06 / ’07. I have been heeding his advice, as best I can, for about a year now.

    I have known in my heart for several decades that the “congressional ponzi scheme” was firmly place on a track over a cliff, but could not make myself, shall I say, actually come to grips with it.

    Bob, and all you folks are a wonderful resource for not only information, but also to help maintain my tenacious belief in what is, and has been, taking place.

    So many, but the numbers are shrinking, people in the country have their heads buried so deep in the, ah, sand it is indeed very disconcerting.

    I truely don’t know why He should, but God Bless America.

  • Jeff

    Don’t forget that our government did take steps in the past to seize the private ownership of precious metals to fund the country.

    “Gold Confiscation Act Of 1933
    Can It Happen Again?

    While the Great Depression was a terrible time in this countries history. One thing that is not really talked about is the Confiscation of almost all Gold held by private parties of the United States. This was done in 1933 under a Declared National Emergency, one that was declared by then sitting President Franklin D. Roosevelt.

    Not only the people, but also Corporations, Partnerships and Associations were all required to hand over all of their Gold Currency and Gold Bullion to the Government. What they received for payment was the soon to lose value, Paper Money.”

    So, this leads me to believe that if I get gold or silver, it should be done without any records showing I have any. Is that correct?

    • http://?? Joe H.

      Jeff,
      In 08 when Nobama took office a friend of mine came into a little money, enough to pay off his house, bills and some left over. He asked me what he should do. without hesitation I told him to pay off his house, creditcards and buy silver and gold with some of it. He did what I said and about a year later, he lost his job. his wife has a decent job with the local hospital and with her salary they are able to get along ok and the house payments are gone. they put enough aside to pay the taxes each year and the silver and gold are both increasing well. I noticed in the paper this morning that one of the local coinshops is giving 20 times the face of circulated silver coins! No wonder they are getting hard to find!!

    • JJM

      What I have been told is that numismatic coins aren’t reportable as they are collectibles. Of course these sell for much more than Gold Spot price. What are the other options? Silver coins and bars? I would rather buy something whose melt value is within a few % of purchase cost.

    • DOGS FIGHT

      Just because the government says to hand over gold doesnt mean you do. If the police and military are willing to slaughter you and your family over some gold coins lying around the house, then we are pretty much screwed anyway. Just remember, better to die a quick and violent death then a prolonged and agonizing one slowly starving in a concentration camp (FEMA camp). I bet most of the Jews were pretty ready to die and end their pain and agony when they stepped into the gas chambers. It wasn’t like the Jews got to enjoy nightly steak dinners and fine wine every night by giving into the Nazis. There are plenty of things out there worse than death.

      • Pete

        DOg Fight,

        If the US Army shows up outside my door, demanding my gold, I think I’m better off just handing it over. Especially when they got a Abram’s Tank pointing it’s turret at my house !

        Hey, some days you get the bear, and some days the bear gets you. In this case the bear gets you but you still got some BEER ! BEER ! It’s liquid bread and good for you ….

    • http://Illinois'17th Old Henry

      Jeff:

      And after that the dumb asses (great-grandparents and grandparents) re-elected that facsist in 1936 even though the Depression was as bad!
      Then in ’40 they were still dumbasses, and our parent’s generation joined them!
      Then after the facsist had sacrificed over two thousand Americans at Pearl to get us into the FDR meatgrinder and fix the Depression after all his facsist programs did not work the dumbasses re-elected him again in ’44!

      Einstein defined insanity as doing the same thing over and over and expecting a different result.

      History repeats.

    • Pete

      Jeff,

      If you’re worried buy Platinum. No one is talking about confiscating Platinum … Then their is Diamonds … buy some diamonds …

      Go down to the diamond district in NYC, you’ll get a good price there ..

  • http://com i41

    When the Stansbury Report was handed to GW about the 2 trillion barrels of crude in the Rocky Mts and we were paying over $4.50 a gallon for fuel, wanted to employ the same measure to control the sand n—ers from screwing us as Reagan did, start drilling in the interior of the USA. But he had too many rinos and all the socialist democrats who did nothing and sat on their thumbs. It would have brought the crude prices down and employed lots of people and made the dollar have a strong base worth. In the last 4 years more pools of oil is showing up and we cannot sell it on the open market to pay off our debt. So what bastards do we thank and point at Soros Socialist Democraps and the jug eared, purple lipped, crossbred, marxist, muslim moron, mental midget in Cheif and his evior dream team the EPA, has madeUSA economy come to a complete stop and we keep sending a billion dollars a day to the pedophile worshipping dicttors. Have any doubt where this marxist muslim value lay, he is backing the Muslim Britherhood and the multi branches of terrorists organization. Every democrat I have ever had to work and deal with from city, county, state, or federal are lock step socialists who hate private enterprise, and mentally deficient as a stepped on dandelion, idoits at best. They are muslim supported and think these goat abusers are peaceful, tell Danal Pearl and our military persone that.

    • http://Illinois'17th Old Henry

      i41:

      Tell us what you REALLY think!
      EEE HAAA that’s a bunch of well placed adjectives!
      Ya made me think of me when I’m talking to my kids about that half-breed mongrle dog facsist muslim, neighbors, friends, even some politicians.

      However, you were much more eloquent.

    • Pete

      i41,

      What the government is doing is holding back all our oil reserves until the Arabs run out. When the Arabs run out we’ll corner the market. That’s the plan …

      • Dan az

        Pete
        The problem with that is are we still going to be around to see it.Between the national debt interest and the highest prices of oil that we have ever had coming what makes you think we will be incharge of our government that wants to destroy this nation?

  • Jeremy Leochner

    With all due respect to Mr. Stansberry I believe using the words End of America as a title for his concerns will not result in a positive outcome for anyone including Mr. Stansberry.

    • DOGS FIGHT

      Some people just can’t handle the truth. America is finished. Freedom and liberty is but a flickering cadlelight in the darkest of rooms which represent a human history filled with tyranny. The candle is about to be extinguished again and a new age of darkness and death is upon us. After all, there is no God and we are just slightly evolved chimps. Chimps, who brutally rape and murder weaker chimps from other tribes they subjugate. War and death is as human as hair is to a dog.

      • Jeremy Leochner

        Dogs fight If America and freedom are doomed it would seem depressing even to live. The way Mr. Stansberry talks is depressing and frighting and leaves no room for improvement. America is doomed-where does that leave us. What are our options. I have no deisre to delude ourselves into thinking our problems are simple or easy to deal with. However acting like or talking about our problems as worse than they are or acting like we are in end times seems just as delusional as acting like the problems dont exsist.

      • Pete

        Hey DOg Fight !

        I have the whole “Planet of the Apes” DVD collection ! My favorite character (after “Nova” of course) is Dr. Zaius. He says “man is a pestilence” and “will kill his brother to possess his land” .. That’s cool.

    • Pete

      Mr. Stansberry sure will do well, profiting from the “collapse” ! That’s the American way ! More power to him !

  • Rolf Stålhandske

    Quite obviously there is no doubt there will come to a dollar collapse ( not only Stansberry means that , but other important figures as Celente and others) with all its overwhelming consequences, but I´d like to ask the members opinions here to what degree you think this will have repercussions on the economy globally and in other countries? I am myself far from economist, but I think the more a country is dependant on the dollar or the USA economically this will touch even such countries economy severly. I know there are countries who have distanced themselves from this dependancy, in latin america and asia and most probably africa and they will of course be in another much more advantageous situation when this USA collapse comes. I want to adress this viewpoint as all members/subscribers of the Livingston letter are not americans ( i am european, although now living in Argentina!)
    Rolf

    • Pete

      Hi Mr. Rolf.

      I think that the Americans are just trying to pay off their debts with inflated dollars. For example, if China or Japan hold a few trillion in bonds/debt/Treasury bills (denominated in dollars) then massive inflation helps the good ol’ Yankee trader !

      Watch it play out on TV. Right now Americans decide to get “fiscally responsible”. Their is talk in COngress to renounce the national debt, declare bankruptcy etc.

      It’s just a show to inflate the dollar, then pay back the national debt with worthless paper !

      It’s a con ! America is conning the world ! The USA will, in the end, come out on top.

      Beware the Yankee trader !

    • JC

      Rolf,

      I believe that the dollar is deliberately being set up for collapse.
      In this way it can be reinvented as a new currency, possibly called the Amero. The Amero will be the new currency of N. America (NAU) and is designed to put a larger number of people under fiscal control through a single currency. Much like the European Union which has been a dismal failure.
      Canada and the US have just signed the Security and Prosperity Pact which is step one in “officially” implementing this loss of sovereignty.

  • Robert Morrow

    Our Government of Tyranny is real and our Corrupt Congress and so called leaders sold us out for bloody stained pieces of Silver. We are already in a Nanny Tyranny state. Just look at the Agency like the MURDER FOR CORPORATE PROFITS=FDA. First I will insert a Quote from or by Herbert Ley, M.D., Former FDA Commissioner. Quote;”THE THING THAT BUGS ME IS THAT PEOPLE THINK THE FDA IS PROTECTING THEM. IT ISN’T. THE FDA IS PROTECTING THE PROFITS OF THE CORPORATIONS THAT PAY US AND THE POLITICIANS!”. Think about this Quote for a moment. The FDA approves poison drugs that does not cure anything, but kills/murders 200,000 citizens per year and all in the name of Profits for the Pharmaceutical co. Then there is the food processor that are allow to put in foods 15,000 toxic poison material that you eat everyday. For Tyranny just try to grow or develop your own organic fruits and veggies or have wholesome dairy product. If you do watch it. If the FDA thinks that you might in anyway cut into the profits of the Corporations. The FDA will send in their Gestapo Swat Teams to terrorize you and your family. With gun drawn they will make the raid. No charges or rights read or why the raid. They will have your little children crying and have nightmares for years, yet this is all condone by the FDA and you Corrupt Senators who will forever try to remove the blood stains from their hands and all for their share of the bloody 30 pieces of Silver. You have no right and the FDA can do what they want for they have the power of prosecutor, Judge, Jury and jailer. You will not be allow to state your case as you are guilty of maybe cutting the Profits of the Pharmaceuticals. Then along with that is the EPA, FTC, FSA and more. All paid for by the corporations and your tax dollars. The Senators of my State helped to pass a bill increasing the powers of these Agency with no controls. How many of us had the vote for these Dictatorial heads of these Agency? None, yet they have the power to control ever aspect of your life and NO SAY in anything. Even now the new rules are if you try to grow Heirloom tomatoes you can be arrested, tried in a Kangaroo court, fined, and jailed. Look it if you do not believe me. One thing you can do is just take the poison drug, eat the toxic food, get sick, have pain of body and mind, then die, of course that is after they have robbed you of all your savings.

    • Pete

      Robert,

      Wow man! are you suicidal ? Hey dude, just go organic on your food and get into herbal medicine … It’s going to be all right !

      • JC

        Herbal Medicine will soon be controlled by Big Pharma.
        Heard about CODEX yet?

  • http://com i41

    Old Henry, Out here in Wyo we had to gather a few wetbacks a few years ago. So about 1700 hd of illegals were rounded up and sent south, I know there wasn’t any coverage but small school were getting over run and our small clinics were getting overwhelmed, but the final straw was when temps got down to 20 degrees they would get welfare, and sit until late spring to show up while everyone else was working. After that we have had a lot less non speaking people coming in. I don’t have problem with people coming here if the will learn to speak English no matter how broken. But the goat abusing pedophile worshipping muslims can stay the hell out of here. They will not comply with our norms and working customs, like not taking a noon dinner break to eat a meal. They whine it interferes with their rug time, and when everyone else is taking breaks, when every rotation happens, and so my comment was get bent, we keeping equipment moving and go over to the port a potty if you need a quiet spot. We have too many PCed idoits and weak willied government officals.Robert Morrow, all the agencies are unelected bird brains and have no one to answer to. EPA is the worst one I have every had to contend with, where building a a reservior for livestock on your private land, killing predators killing your livestock, or even building a highway, but the worst thing the beltway smucks are doing is planning on fining grain harvestors out in the middle of no where operating combines. The latest crap started under Whorehounds EPA clown was no particulate matter for harvestors. Grain can only be harvested in a low moisture range of 12-18 % and chaff and dust is emitted, and farmersa told to plan on putting spray bars on the combines, want to see bread and food costs climb. See the food prices go up as fuel prices rocket, what sorry bastards do we thank, democrats, beltway morons, green idoits and just plain stupid pukes.

    • JC

      In Oregon now, American Fire Captains fighting forest fires are being laid off if they don’t speak Spanish. I guess the Spanish guys don’t need to learn English in America anymore.
      If I were one of those Captains I would be leveling a class action lawsuit against the state for discrimination.

      And so the battle against Globalism and the
      destruction of America continues…

  • GotSense

    The dishonest house of cards will under it’s own weight.

  • Dan az

    If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)

    “I believe that banking institutions are more dangerous to our liberties than standing armies.” – Thomas Jefferson

    • JC

      Good ones Dan,
      And here’s a couple more…

      Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.

      I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.

      The bold effort the present (central) bank had made to control the government … are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution or the establishment of another like it.

      ~ Andrew Jackson ~

      • Dan az

        JC
        Smart man!

        • JC

          Yep! Jackson is one of my Hero’s and probably the last President with any integrity and the stones to stand by it.

  • Buzz

    Our polititians are only the tip of the iceberg. The real problem is the inept majority that elected them

    • hundabuxt

      Our politicians are little more than pawns bought and paid for by the Abramoffs lurking in Washington like parasites to serve as front men for the super wealthy and powerful throughout the world who manipulate our systems like banking, trade, regulations, laws and whatever can be adjusted and controlled to their advantage. Our political system is a fraud which exists only to give the people the illusion we’re in control at the ballot box. What would you as an individual do if you had say, 10 billion dollars to draw from? Do you think you could buy an audience with political representation? You think you could influence legislation for a lucrative personal project? Damn right you could.

  • http://gravatar.com/stansberrycs stansberrycs

    If you have any questions about Stansberry and Associates, please do not hesitate to call customer service at 1-888-261-2693. We would be happy to assist you. We are open Monday – Friday 9-5 EST.

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