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The Real War

June 25, 2012 by  

The Real War
UPI
Fed Chairman Ben Bernanke is desperate to stave off collapse until after the November election.

Federal Reserve Chairman Ben Bernanke continued the Fed’s war on and destruction of American savers and retirees last week with a continuation of Operation Twist.

As Bloomberg notes, “The continuation of Operation Twist ‘should put downward pressure on longer-term interest rates and help to make broader financial conditions more accommodative,’ the Federal Open Market Committee said today in a statement at the conclusion of a two-day meeting in Washington.”

In other words, Bernanke has announced that the Fed is going to keep shuffling the same money piles back and forth to continue the charade that it is doing something constructive for the American people. But the truth is much different.

Keeping interest rates low helps the banksters and keeps government’s fictional “debt” low, which allows it to spend more money. But it is devastating to savers and people living on fixed incomes, pensions and retirement funds. The Fed says this will continue at least through late 2014. By then, interest rates will have remained at or near zero for six years, and just slightly higher for much longer.

Article continues below…
 

YOU’VE WORKED A LIFETIME
TO HAVE A COMFORTABLE LIFE…

IS IT ALL ABOUT TO GO UP IN SMOKE?

URGENT VIDEO PRESENTATION FROM BOB LIVINGSTON
OUTLINES WHY WE ARE NOW FACED WITH
THE MOST MENACING CRISIS OF OUR LIFETIME…

GUARANTEED TO CHANGE LIFE AS WE KNOW IT!

VIEWER DISCRETION ADVISED…

WATCH IT NOW

 
This continues the great rape of the American people for the benefit of the banksters who borrow money from the Fed for almost nothing then loan it out for a return of between 2.75 percent (home mortgage) and 20 percent (credit card). It’s really quite a racket, when you think about it. Especially considering that when you are no longer able to repay the loans because of the economic conditions created by the Fed and bankster criminals, the banks can then confiscate your property—or, as is the case in some instances, the government will steal money from those who are working and still able to make their payments and use it to pay the banks on behalf of the homeowners.

Low interest rates also keep the interest paid on savings accounts at near zero and far below the rate of inflation. Government-fudged numbers say inflation is at 1.7 percent, but real inflation as it was measured in 1980 is 9.3 percent, according to Shadowstats.com. By using fudged inflation numbers, government doesn’t have to make cost-of-living increases on Social Security payments. This puts a tighter squeeze on those who struggle to pay for their groceries—again those on fixed incomes, living off savings or Social Security.

All of this is done under the pretense that the American government is in debt. This is utter hogwash.

There is in reality no U.S. debt. It is delusion and fraud. The Federal Reserve can print money to infinity.

If you had your own money-printing machine, would you be in debt? Of course not, because if you accumulated debt you could just print more money to pay for it. The same with the Federal government. Yet the elites and the media constantly wail and cry over the U.S. “debt.”

This is a ruse to get the American public in the mood to accept higher taxes. There is never any serious talk in the beltway of cutting government spending or eliminating government programs. Anyone who dares suggest that cuts be made is derided as a heartless soul who wishes to starve the old and the poor, abuse the disabled and allow corporations to run amok. Yet it is government policies that are abusive. Sadly, most remain completely unaware.

Congress and the President, regardless of party label, are constantly on the lookout for ways to spend more money on behalf of its favored constituency and to the benefit of corporatocracy. This is fascism under the sweet-sounding name of democracy.

There are now more than 46 million people on food stamps. Each of them is now eligible for a taxpayer-funded cellular telephone which, apparently is now as essential as food and water for life. Almost half the population is on some sort of government assistance. Unemployment benefits have been extended ad nauseum.

Government actions are always designed to benefit the elites in government and on Wall Street. Fed policies created the bubble that burst in 2007-2008, which saw banksters and Wall Street speculators play fast and loose with mortgages and derivatives, knowing that when the bubble burst they would be saved from their irresponsibility and criminal behavior. Efforts by the States to crack down on bankster criminals were blocked by the Feds.

A recent report from the U.S. Government Accountability Office shows how the game is rigged against the American people for the benefit of the elites. The report revealed that the Fed gave money in the form of almost zero percent loans to more than a dozen financial institutions that had current or former directors on the boards of the regional Fed banks. The total amount doled out to these people of privilege exceeded $4 trillion.

And nothing demonstrates the absurdity of the game more than the recent appearance before Congress by JPMorgan Chase CEO Jamie Dimon. The appearance was a veritable love-fest.

That’s because of JPMorgan’s connections to the House Financial Services committees, the Senate Banking Committee and the alphabet soup “watchdog” agencies that are paid to look the other way. Former Congressmen and Congressional staffers who once worked for committee members now lobby for JPMorgan and work for JPMorgan. Enforcement heads for the Securities and Exchange Commission are former JPMorgan employees. Dimon sits on the board of the New York Federal Reserve. JPMorgan is a major contributor to a number of the committees’ members. All of this was revealed in a report by Propublica.

Bernanke is desperate to stave off collapse until after the November election. He’s facing quite a headwind of lousy job reports (real unemployment in May was 22.7 percent, according to Shadowstats.com), a continued housing slump, flat retail sales reports and a decline in manufacturing.

In making the announcement about Operation Twist, the Fed also revealed that (official) unemployment would remain above 8 percent through the end of 2012, which really means more than one in five Americans will remain out of work through the end of the year. American unemployment has never been this high for this long. There are 4 million fewer people working today than just five years ago. And President Barack Obama just compounded the unemployment situation by dumping hundreds of thousands of illegal aliens into the legitimate job market.

Of course, Bernanke has been proven to be either an incompetent boob or a pathological liar. Just prior to the collapse, he maintained that Fannie Mae and Freddie Mac were sound and in no danger of failure. He has at various times over the course of the last four-plus years said all was well, warned of a recession, promised a recovery, warned of a double-dip recession, predicted low inflation and high inflation and lower unemployment and higher unemployment and that he knows what must be done to start a recovery and has no idea what to do next. Last June I wrote that he was all three of the Three Stooges rolled into one. Unfortunately his act is not funny.

The European situation is also hanging over the U.S. economy like the sword of Damocles. The Eurozone is back on the hook for Greece’s debt, and Spain’s and Italy’s debt problems are yet to be addressed. Unfortunately, the Fed is in the Eurozone to the tune of about $16 trillion, and that doesn’t count the U.S. commitment through the International Monetary Fund and the World Bank.

World Bank President Robert Zoellick says we are nearing a danger zone and on the verge of a crash that could be as bad as the Lehman Brothers crash in 2008. On the heels of this announcement, a market rumor exploded that Pimco, JPMorgan and other financial institutions had cancelled summer vacations for employees so they could prepare for a collapse.

There is much afoot. The “Great Reset”—the economic collapse that will lead us back to Constitutional governance and a new gold standard—that I have predicted is coming. Bernanke and company will do all they can to stave it off as long as they can. But they are running out of options.

The evidence is in the increasing controls on money exchange and increasing hostility toward expatriation, the growing power of the police state and multiple efforts to censor and control the Internet. The elites are dismayed that they no longer control the message and that more people are growing wise to their criminal behavior.

It’s almost too late to buy gold and silver. If you do, hold it in your possession. Store food, water and ammunition. Determine what skills you have that you can barter, and get the tools necessary to make it happen.

Our hope is the collapse, once it begins, occurs quickly. Otherwise, things will get very ugly for the unprepared. Look to Weimar Germany as an example. Mothers were prostituting themselves to put food on the table.

We must go through the fire, but I believe we will come out the other side better for it.

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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  • akathesob

    Great article, really well thought out and full of straight information.

    • http://gravatar.com/dawgbisquit1 Tom W.

      Excellent piece Bob! KUDOS!!! My only criticism is that you forgot about Shemp! LOL!!! I know that I’ve used this passage MANY times before, but it fits your article to a tittle!

      “Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of sabaoth. Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter. Ye have condemned and killed the just; and he doth not resist you. Be patient therefore, brethren, unto the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth, and hath long patience for it, until he receive the early and latter rain. Be ye also patient; stablish your hearts: for the coming of the Lord draweth nigh.” – James 5:1-8 (KJV)

      So how’s your 401K doin’?!! Get READY folks! It’s COMIN’!!! There’s only ONE way! JESUS!!!

      Have MERCY Lord!!!

      • carl

        Amen to that sir!!!

      • http://gravatar.com/dawgbisquit1 Tom W.

        I’m GUNNIN’ for ya sir!!!

      • donm

        Good article except one point – debt is debt! Eventual bankruptcy, collapse, and worse is probable! Government officials plan to erode debt to near zero by using inflation to devalue currency & debt instrument values to near zero. Example – a 1965 dollar is worth 14 cents today – a dollar debt incurred and rolled over since that time can be paid today with 14 cents of 1965 purchasing power – ref. BLS index 2011.

        The result is bankruptcy for SSI ($100+ trillion) and all other pensions (near infinite $ total)

        The big winner has been China! They are the might of industrial productive power. Call it a coalition of communists and monopolist banksters who have just about completed the looting and destruction of America!

        The Constitution remains intact as written – all we have to do is enforce it! Do as we did with the Rosenbergs in the 1950’s – start with treason & work backwards to those who should be making gravel out of big rocks… all day long… in AZ Joe’s tent city!

      • GALT

        there are no winners……there is NO DEBT…….trust me………but if you insist, “I’d rather owe you than CHEAT you out it.”

        Now who are YOU, exactly? I’m only asking because I need to know where to send the check…….that is to say the PERSON to whom I owe this DEBT? After all, I surely wouldn’t want to PAY the WRONG PERSON?

      • KEN

        Ha,ha,ha! No debt is right! Seems to me you’ve been spending a lot of study-time in discovering all this out GALT!

      • theflood.com

        I thought Bob sought truth? Why do you lay this delusional Jesus crap on us here?

      • http://gravatar.com/dawgbisquit1 Tom W.

        Jesus, you are soooo AWESOME!!!

        “Speaking the truth in times of universal deceit is a revolutionary act.” – George Orwell

      • GALT

        Really? Yeah, you’re probably right….how could I possibly know where I was going……

        So to WHOM do I OWE this MONEY?

      • http://www.facebook.com/profile.php?id=1417763559 Beno

        Amen tom W. He is the only answer for this wicked world. God Bless:

      • akathesob

        :o)-

      • Viet Nam Vet 67-68

        Tom I believe whaqt you say but this man ain’t waiting for them to go before God and letting them slaughter men like Hitler did with the Jews, I am going to send them to God and Slaughter them, thats called a Double Dip. God loves thoses who fight for themselves.

    • Nadzieja Batki

      The caption under the picture says it all.

      • http://gravatar.com/dawgbisquit1 Tom W.

        Thanx 4 pointing that out Nadzieja!!! I whizzed right past it earlier!

      • akathesob

        :o)- Yes it does.

    • 2centsworth

      This is a really great article! Thanks for writing it. Here is some news on the doubletalking Bernanke……. http://www.theonion.com/articles/drunken-ben-bernanke-tells-everyone-at-neighborhoo,21059/ Drunken Ben Bernanke Tells Everyone At Neighborhood Bar How Screwed U.S. Economy Really Is
      Another thing that this Gov. has planned that they don’t want to tell anyone until after the election, is that there will be a new 1% charge on EVERY transaction you make at your bank. When you deposit your paycheck, you will pay 1%, when you take out some money, you will pay 1%, when you transfer funds from one account to another, you will pay 1%……Hey this is already starting to sound like a lot more than 1% on your money…. sounds like the Gov. is going to eat up your money, and tax you over and over on the same money, no matter what you do.

  • revnowwhilewecan

    We need a state to step up and set a precedence that the rest of the country can follow. We can shut them down if we don’t play on their game-board with their cartoon currency. I’m really ready to go. Let’s expedite this paradigm shift in world “economics”!
    End the F$@#ing FED! The real reason Paul is NOT one one the “boyz”.

    • http://gravatar.com/dawgbisquit1 Tom W.

      Now I’m PI$$ED!!!

      • http://gravatar.com/dawgbisquit1 Tom W.

        I recant my apology Bob!!!

      • http://gravatar.com/dawgbisquit1 Tom W.

        When proclaiming that you stand for liberty and you CENSOR those with whom you disagree, you stand for the opposite Bob! I can see where you might have a legit claim that some of my posts contain indecent language but exposing Dr. Paul for what he truly is is anything but!!!

        • http://boblivingstonpl.wordpress.com Bob Livingston

          Dear Tom W.,

          I have no idea what you’re talking about.

          Best wishes,
          Bob

      • http://gravatar.com/dawgbisquit1 Tom W.

        We’ll try it again then! Are you sure about that rev?!

        http://www.youtube.com/watch?v=JUVwsu55IHc

        http://www.youtube.com/watch?v=kvbd8zRFjbs

        Have you ever heard the term “spoonfeeder” rev?! A “spoonfeeder” is someone in a position of trust who feeds you just enough of the truth as to SUCK you in! BEWARE!!! You mean you can’t SMELL him?! I’m about to GAG!!!

      • Karolyn

        Tom – Are you aware that the “secret” hand signal pointed out in the first video is also an old Hawaiian sign for “Hang loose?” I don’t know what the big deal is about being Mason. I have known plenty of Masons who are just plain old regular people. Some of these YouTube video posters just need to get a life, get out into the sunshine and away from the computer. That is the only way to see the REAL truth!

      • http://gravatar.com/dawgbisquit1 Tom W.

        [Personal attack post removed]

        • http://boblivingstonpl.wordpress.com Bob Livingston

          Dear Tom W.

          Final warning.

          Best wishes,
          Bob

      • Michael J.

        Tom W.,
        A search of u-tube can bring up scandalous disinformation about the most highly acclaimed individuals. Below is an example of the same kind of fabricated trash that you posted.

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

      • http://gravatar.com/dawgbisquit1 Tom W.

        Michael the GOOD thing about the internet is you get to make up your own mind what is true and what is fiction! The BAD thing is GIGO, so you must disearn the true from the fable or down right lie. Seein’s that the MSM puts out nothing but down right lies any more, I’ll take my chances on the net! And seein’s that this is STILL the USofA, I’ll make up my own mind thank you.! And if it doesn’t acknowledge Jesus Christ as Lord and King, WHAT could be truthful about it?!!

      • http://gravatar.com/dawgbisquit1 Tom W.

        For those of you wondering I had to post that THREE times before it showed up in the thread! If it was just a technical glitch, I apologize, but it isn’t the first time it has happened!

      • http://PeronalLiberty Alondra

        Michael, read an Article about mother Teresa
        http://www.orthodoxytoday.org/articles7/AkrotirianakisTeresa.php

        And also Criticism & Spiritual life in the
        http://en.wikipedia.org/wiki/Mother_Teresa#Criticism

        As a matter of fact God did not create religions, people did, because they wanted to make their gods IN THEIR OWN IMAGE. God just revealed Himself to His chosen people.

        Knowing human psychology, satan used & uses human pride, envy, jealousy, disobedience to separate people from God.

        Paul warned: “Preach the word; be prepared in season and out of season; correct, rebuke and encourage—with great patience and careful instruction. For the time will come when PEOPLE WILL NOT PUT UP WITH SOUND DOCTRINE. Instead, TO SUIT THEIR OWN DESIRES, they will gather around them a GREAT NUMBER of teachers to say WHAT THEIR ITCHING EARS WANT TO HEAR. They will turn their ears AWAY FROM THE TRUTH AND TURN ASIDE TO MYTHS.” (2Tim.4:2-4)

        “For there are many rebellious people, full of meaningless talk and deception … In fact, both their minds and consciences are corrupted. They claim to know God, but by their actions they deny Him. They are detestable, disobedient and unfit for doing anything good.” (Tit.1:10-16)

        Who is hooked on the deceivers lies? The ignorant, lazy and spiritually weak people.

  • GALT

    Unfortunately, endless repetition of “facts” without co-relation to “reality” is useless.

    The “fact” is “government” having been corrupted by “free market capitalists”, got precisely the conditions they paid for……..and crashed the system……… this “corrupted
    government” in conjunction with the “FED”……..decided to “bail out” the perpetrators of this “corruption”………..while ignoring the “victims”………..and since the conditions that led to this are essentially unaltered……..the potential for this to continue remains.

    The professions of “advertising and public relations” are not courses of study because they DO NOT WORK……….they exist, precisely because THEY DO WORK, and once you understand this, the next step is to ask yourself, who do you imagine they are working on?
    Everyone BUT YOU?

    let’s see….you have 1.) a corrupted government ( who do you imagine corrupted them, the poor and destitute? with what, the promise of a vote? for whom? the choices you are permitted are already determined and it was not the victims who chose them. 2.) the “unregulated free market capitalists” which to be clear are “corporations” who are entirely
    engaged in the concept of “money from money” and the “immortality of debt”, war, exploitation and slavery. 3.) a public, made up of victims, and potential victims, easily distracted to the extent that, even the endless repetition of THESE facts…….has simply divided the above, with the result that the POTENTIAL VICTIMS are blaming, the victims, and clamoring for MORE of…..what caused all of this in the first place.

    Wage slaves are NOT your problem……….nor did they cause your problems…..you are not HERE because of “socialists or communists”……..these people do not run the FED, or the corporations. or the government………anymore than BP cares about the Gulf, or has cleaned it up, no matter how many commercials they run saying that they do and that they have.

    If you FOLLOW THE MONEY, it does not lead you to the “victims”, or socialists or communists……….

    * and just to pre-empt the idiotic……..regarding the use of ” free market unregulated capitalism” in this essay……….

    1.) What “regulations” were in place?
    2.) What aspect of this market was not FREE?
    3.) Which of the transactions were not VOLUNTARY?
    4.) Using the term “crony capitalist’s”, does not alter any of the above conditions that were in place and CAUSED the problem.

    • http://aol.com Keith

      You the indoctrinated I sure never work an honest day in you life I work 80 hour weeks for many years! You! I don;t have much, but what I do have I want to keep. Not give to you leaches. You are the TRAITOR! You should read the Constitution, but that’s probably over your head. I would leave the U.S.A ( that’s right the U.S.A. is only A part of the Americas. But I guess they didn’t teach you that in indoctrination ) if I could but to many obligations and don,t have the money

      • Karolyn

        Oh, great one. You who believe you are better than anyone else because you’ve worked your butt off. How do you know how hard somebody has worked by a post on a website? Oh, all-knowing one! We bow to your greatness! YOU KNOW ALL! And if you knew anything, you would know that you don’t HAVE to work 80 hours a week to make a good living! I am sorry for this outburst, but I’ve had it up to here with people who think they know it all and really know very little!!

      • GALT

        Thank you keith for that thoughtful response, although I am somewhat confused as to what you were responding to or whom. All is NOT lost however, because I have read all of the “founding documents” and actually I DO understand them……..here is something that may help YOU do the same………

        http://usa-the-republic.com/revenue/ucc%20connection.html

      • Meteorlady

        Why do you say Galt is indoctrinated? I understand what is being said and it’s true. The banking elites of the world run things, not you, not your party, nor your elected government. Our elected officials are bought and sold like cattle and they don’t even try and hide it anymore…..

      • http://gravatar.com/dawgbisquit1 Tom W.

        In your own opinion you understand them WALT. LOL!!!

      • http://gravatar.com/dawgbisquit1 Tom W.

        Excellent self description Karlolyn! X’s & O’s! LOL!!! ;)

    • http://gravatar.com/bychoosing Jay

      Galt: The “fact” is “government” having been corrupted by “free market capitalists”, got precisely the conditions they paid for……..and crashed the system……… this “corrupted
      government” in conjunction with the “FED”……..decided to “bail out” the perpetrators of this “corruption”………..while ignoring the “victims”………..and since the conditions that
      led to this are essentially unaltered……..the potential for this to continue remains.

      Government was not corrupted by, as you say, “free market capitalists”. Rather, government was corrupted by unscrupulous, degenerate, and greedy individuals, who have benefited from the “free market system”. The “free market system”, as you craftily alluded to, is not the problem, rather, we, are the problem, humanity, who corrupts everything it touches…precisely because all, are corrupt…as the Good Book says…that would include you as well, Galt…unless of course, you disagree?

      • GALT

        w.i.A.L.F…..irrelevant and of no consequence…….

      • http://gravatar.com/dawgbisquit1 Tom W.

        We NEED to pray for WALT Jay!!! No LOL!

      • http://gravatar.com/bychoosing Jay

        In regards to Galt, “the dictator”, we need a miracle, Tom. Sadly, the “Führer”, is clueless..

    • speedle

      “exploitation and slavery”?

      Galt, (and by the way your username is unfortunate given your philosophy), what examples of “exploitation and slavery” could you manage to post up here so that we can all be enlightened about the veracity of your slogans and placards?

      In the meantime allow me to explain what “crony capitalism” really means since you don’t seem to have a handle on it. When any part of the government enacts favorable legislation or creates executive fiat for a particular industry or individual company to the detriment of competition and in return for political capital, that is “crony capitalism”. Now it has always been part of the political scene in one degree or another, but the current administration has made it an art form, making Obama and his gangsters the most corrupt group of politicians since the era of Al Capone.

      • GALT

        No you are not allowed to explain anything……..nor have you, because you haven’t…. but thanks for trying…….don’t let the ellllipppees throw you off……it doesn’t mean infinity unless you IS infinite………..

        There are questions about the conditions of the market …….

        they were pre-empted to AVOID the stupidity…….of precisely what you are attempting to do…….

        What part of this……did you miss?

      • http://gravatar.com/dawgbisquit1 Tom W.

        WALT! Is it time 4 ur meds?!! LOL!!!

      • speedle

        Galt, I was thinking that one had to be an adult and literate to some degree to post here. It seems they have made an exception in your case. I am sure if you had any idea how to answer the question you would have tried. In any case, you prove my point.

    • JOSEPH FOSTER

      I just love your comments, you have exposed the truth as to what is going on in Washington where the corruption is born, and fed by those that the gain from the corruption. Unfortunately the masses of Americans are lead to believe one party may save them, well folks neither political parties will save you. It happened in Europe and Asia the result was a revolution, now we are at the birth of a revolution that may occur in America perhaps in 20 years from now. Try to save your assets and never believe all of the propaganda that is put out by the news media, the media is owned by some of the corrupt groups that feds the politicians that you elect.
      I support capitalism but a new kind is now born, it once created slaves for higher profits, and after slavery was abolished it has now found a new approach hire labor from third world countries at wage level that is cheaper than owing a salve.
      Joseph Foster, Author ‘’Seeing Red’’ ‘How America is losing the future’ Available at: http://www.amazon.com/Seeing-Red-Joseph-Foster/dp/1613468121/”

  • KG

    The last three questions from GALT really sum up what has happened. The fact of the matter is that America has been a socialist Democracy since 1935. In 1980, a guy came along and said “Away with all of these programs that help people” and then GOT REELECTED even after cutting many popular programs.

    We have “capitalist” trying to run something they dont care about. What’s supposed to happen is when money gets as cheap as it is now, you capitalists are supposed to take that money and SPEND IT! On infrastructure, highways, bridges, etc. But you keep giving it to your “Share holders”. And when you said that the FED was stopping the states from doing their job, just remember Who was there – A bunch of fn REPUBLICANS.

    And now you want to silence the last legitimate money power that can counter your attacks against the American People – LABOR UNIONS. All of those who want to “repatriate” to somewhere else DO IT AS SOON AS YOU CAN. You are TRAITORS ANYWAY!!!!! You claim to love America, and yet tear it down every chance you can.

    • carl

      labor unions are based on communism. you show your stupidity. The illegal Federal Reserve and their unconstitutional income tax is why America is having problems. Corruption from the Marxists on the left (which includes unions)
      and the crooks on the right. If our constitution was truly followed by our government the system would work and we all would benefit.

    • carl

      I bet your a draft dogger

      • http://gravatar.com/dawgbisquit1 Tom W.

        Consider the source and his source carl! LOL!!!

      • Karolyn

        Gee! I never heard of a draft “dogger.” But, of course, anybody who disagrees with your politics would HAVE to be a draft “DODGER.”

      • http://gravatar.com/dawgbisquit1 Tom W.

        [offensive post removed]

        • http://boblivingstonpl.wordpress.com Bob Livingston

          Dear Tom W.

          Continued personal attacks directed at other commenters will not be tolerated.

          Best wishes,
          Bob

      • GALT

        Damn, the last draft dogger I can remember was “Eli Manning.” although he wasn’t ducking the Dodger’s specifically………but it could have been someone in Cali……..

      • http://gravatar.com/dawgbisquit1 Tom W.

        My VERY favorite verse in the whole Bible Bob;

        “Yea doubtless, and I count all things but loss for the excellency of the knowledge of Christ Jesus my Lord: for whom I have suffered the loss of all things, and do count them but dung, that I may win Christ,” – Phil. 3:8 (KJV)

        “Freedom is just another word for nothing left to lose…” – From the song “Me and Bobby Magee” by Kris Kristofferson.

        http://www.youtube.com/watch?feature=endscreen&v=mtQOY-0sViQ&NR=1

        And again I say unto you, It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God.” _ Matt. 19:24 (KJV)

      • GALT

        proper translation is CABLE…..everyone knows that camels require much larger needles?

      • GALT

        Build them and they will come……..

      • http://gravatar.com/dawgbisquit1 Tom W.

        Are you questioning the Word of God WALT?!!

      • Deerinwater

        It’s wise to question everything and today perhaps more so then ever, thou it’s always been wise.

        I question , questions and especially who might ask them and their intent.

        In your case Tom the dream and the dreamer have became one while you seek an anchor to know the difference. Good luck with your search for self. I will offer you a clue.

        Your self image does not fit you, you are a better person then that. Aim higher, quit borrowing other peoples ideas and earn/develop your own.

      • http://gravatar.com/dawgbisquit1 Tom W.

        eerincloset, I KNOW who my Anchor is, the One the winds and sea obey. I NEED not question, I KNOW!!! Don’t you wish that you did?! Believe it or not, I’m prayin’ 4 ya, I have been a long time now!!! NO LOL!

      • Deerinwater

        Tom, I ask you to explain what “eerincloset” is ?

        Tell all of us where your mind is going.

      • boyscout

        The camel / needle eye reference more pointedly suggests a method of Taxation on caravans along the trade route at one particularly harsh stop – the “needle’s eye.”

    • Meteorlady

      OMG – what a crock. Labor Unions? Your labor unions just spend over $30 MILLION In just two states trying to run publicly elected officials out of office because they went against the unions. Never mine that the people of Ohio and Wisconsin elected these guys and that they ones elected have done what they said they would do. Here’s probably the biggest reason labor unions were involved in Wisconsin. …. the state stopped taking union dues out of their employees checks. They stopped making in mandatory that they had to join the union. They stopped bilking the members for around $1100 to $1500 per year in union dues, which they can now use to fund their own retirement and healthcare. AND they lost about 50% of their members – big incentive to do a recall… huh?

      I had a small business. My people have voted three times to unionize and all three times it was voted down. They get good benefits, health care, a nice salary and raises if they produce. I provide a safe working environment – this is all because my employees are a valuable asset to my business and it costs to fire one and retrain others.

      • http://gravatar.com/dawgbisquit1 Tom W.

        Sure Meteorlady, labor unions in this country are corrupt! Why should they be any different from anything else here in the Land of the Brave and the Home of the Free?!!

      • Robert Rashbrooke

        Presumably you believe that ONLY those in elected positions AND THEIR BACKERS are allowed to spend vast sums of money, sometimes their own personal money and othertimes collected monies, to remain in their elected position; people who think differently have no say and are not allowed to spend similar sums in opposition.

        Please explain to me why OUTSIDERS of the location of the elected one (superpacs and individual monied capitalists) are spending multi millions in an attempt to keep the elected one in place if they do not expect some return on their investment. Why are people now prepared to spend multi millions of their own personal wealth getting themselves elected to positions of power and control -Gov Scott, Linda McMahon, et al. since one thing they will achieve in succeeding is the enmity of about half the population.

  • burke

    Well written. The proposed bailouts never made it to the “victims”, highways, infrastructure, or market. It landed in the pockets of bankster fat cats. Social engineering is alive and well with the Fed. Just a simpleton here, but i understand that there is a war going on between those of us that work and pay our fair share and those who reap the efforts of others for free. My welfare neighbor has it better than me and my family

    • Dorian Douglas

      To Burke & others

      Bailouts mostly wound up in the intended hands of 2008 campaign contributors.

      Dorian Douglas

      • http://gravatar.com/dawgbisquit1 Tom W.

        When are you going to realize that they are ALL thives Dorian?! Go ahead trust Bob with your life savings! LOL!!!

  • http://ibankcoin.com/americantyranny/ Chris

    Why is it almost too late to buy gold and silver? Seems there is no shortage of places to buy and store it.

    • http://gravatar.com/dawgbisquit1 Tom W.

      Can you EAT it Chris?!!

      • WIA Ben

        [offensive post removed]

      • http://gravatar.com/dawgbisquit1 Tom W.

        LOL!!!

      • Vicki

        Chris won’t be able to eat his gold or silver coins but when he comes to my feed store to buy food he will get a LOT more flower for his coins than you will with that wad of worthless paper in that wheel barrow.

        Remember that I set the price for my flower. Not you.

  • http://gravatar.com/wandamurline wandamurline

    We should have gone through the fire in 2009 and allowed GM, Chrysler, Wall Street and all the banks that were involved go through bankruptcy. Had that been done, we would not have spent a trillion dollars to save people who could not run a business in the black. No business is too big to fail….let them fail and someone else will pick them up (like Bain Capital). We would have been on the backside of this problem had it not been for the bailouts. My husband and I ran two offset businesses and we never had a bailout and we ran then in the black. If you can’t run a profitable business, then you should not be in business in the first place.

    • Chester

      Funny thing is, everyone WANTED GM to flatline, total and complete failure. That would have left Ford, Toyota, Honda, Hundai, and a host of other foreign owned companies in charge of our auto production. With less competition, prices can go up and people have to pay them to have what they want or need. Of the lot I mentioned, Ford is the only essentially American owned and operated company. Of course, when GM and Chrysler went belly up, so would a few thousand other businesses who supplied products to them, along with all the small businesses that kept the workers fed and clothed. Instead of two or three companies in the auto industry going bankrupt and being parted out to the highest bidders, there would be several thousand going belly up with NO potential buyers. Same goes for the banks. If they had gone bankrupt, Uncle’s insurance company for depositors, the FDIC, would have run out of funds long before all depositors were repaid to the limits of the coverage. Thus, even more people out of work, and no place to borrow money to open their own businesses with all the major banks shut down and being auctioned off. Look at the realities of things rather than just the wannabees.

      • Meteorlady

        Your comment does not make much sense to me. GM did file for Charter 11 anyway. My parents lost a lot of money when the bondholders were bilked and Obama called them “greedy” for wanting their money back. Didn’t JP Morgan just do the same thing they got bailed out for in 2009? How about the fact that the union is the controlling entity at GM now. We taxpayers would have to see GM stock go to about $53.00 per share before we would be paid back. That’s not going to happen anytime soon unless the money his horribly inflated by the FED.

        Obama in essence nationalized the banking industry, the car industry and the healthcare system in this country and that’s truly really scary since the government has been unable to run anything for a lot of years.

      • http://gravatar.com/dawgbisquit1 Tom W.

        Well said Wandamurlean, It sounds to me like we’d better start learning to live off of the land again!!!

        http://www.youtube.com/watch?v=ZDN9y2vTdUs

    • Hey you

      You probably shouldn’t even try to run the country, but that’s democracy in action!

    • http://gravatar.com/dawgbisquit1 Tom W.

      Oops! Sorry wandamurline!;)

  • Thinking About

    To advise those buying gold to keep it in their possession does not always end well. On one particular occasion there are three people dead and the safe the gold was contained in is gone. By the way, they also considered themselves prepared to “protect” themselves and possessions.

    • http://www.survivingurbancrisis.com/ Silas Longshot

      Lesson learned? Keep yer yap shut when you’re preparing for the worst. Talking about his gold stash was his undoing. By the time the 4th or 5th person downstream of the ‘trusted’ person who was told about the gold finds out, the likelyhood of a pleasant outcome is gone.
      Click the name.

      • KG

        I was a “hoarder” or survivalist for a while. But then the thought came to me. “I could snipe a bunch of people with my sniper rifle. But, eventually, I’ll run out of bullets.” The supply of people is endless. And, after i killed a bunch of their friends, what do you think they will do to me? It would be a wet dream for Dr. Megeleh!!!!

        We are all in this together. Remember, it’s not “the separated states of America”, it’s the “UNITED STATES OF AMERICA!”

      • Sanders

        KG, hoarding shouldn’t be meant for just supporting your own family, rather it should be for co-existing in a small community with your neighbors. Everybody pitching in to help all survive, each with their own strengths and skill sets to aid in the common good for the small community. You are right, if you try to go it alone, you will undoubtedly lose in the end.

      • Ted Crawford

        Silas
        I think it was Ben Franklin who said it best ” Three people can keep a secret, as long as two of them are dead “!

      • Thinking About

        Silas you are clueless and have no idea what you are talking about.

      • Hey you

        It may be called the United States, but it is realistically an assembly of pressure groups feeding on bunches of people who are just trying to get by day by day.

      • http://gravatar.com/dawgbisquit1 Tom W.

        That’s probably where a couple of those bodies they found buried in his house came from! LOL!!!

        http://www.jesus-is-savior.com/False%20Religions/Illuminati/hellfire_club.htm

      • http://gravatar.com/dawgbisquit1 Tom W.

        Hear, hear KG!!!

  • Rasta

    Oh another gloom and doomer. Surprise surprise!

    • http://gravatar.com/dawgbisquit1 Tom W.

      (offensive comment removed)

      • http://gravatar.com/dawgbisquit1 Tom W.

        You really NEED to loosen those dreds dude! LOL!!!

      • http://gravatar.com/dawgbisquit1 Tom W.

        http://www.youtube.com/watch?v=iuLcTPvuH1E

        A REAL Rasta man! You sir are a poser!!!

    • Sanders

      Rasta, you will wake up when it’s too late. You will be one of those standing in the gov run soup lines hoping there will be some left when you get to the front of the line. Myself, I am preparing along with many of my neighbors, for self efficiency. Big vegetable garden, root cellar, lots of canning essentials, dry food goods galore, non electric water purifier. You may want to rethink your utopian stance and prepare. Talk to older folks who were very young living through the Great Depression, they know first hand what is coming and most are preparing or already prepared.

      • http://gravatar.com/dawgbisquit1 Tom W.

        I did a short homeless stint in Louisville, KY where I witnessed a man stab another man in the eye with his umbrella over a place in line! I was standing in line at a soup kitchen one night, I was cold, wet, tired, and starving! The food smelt sooo good!!! I believe that the night I’m referring to, I was at one run by the Catholic charities. I was looking around and all of a sudden v.5 of the 23rd Psalm hit me like it never had before! I got to lookin’ around after that and I realized that wherever I went for assistance, be it food, clothes, medical needs, etc., I began to notice that ALMOST ALL of those places had ONE thing in common, care to guess?! Christian organizations!!! You don’t see no New Age soup Kitchens!

        Psalm 23
        King James Version (KJV)

        1 The Lord is my shepherd; I shall not want.
        2 He maketh me to lie down in green pastures: he leadeth me beside the still waters.
        3 He restoreth my soul: he leadeth me in the paths of righteousness for his name’s sake.
        4 Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me.
        5 Thou preparest a table before me in the presence of mine enemies: thou anointest my head with oil; my cup runneth over.
        6 Surely goodness and mercy shall follow me all the days of my life: and I will dwell in the house of the Lord for ever.

      • GALT

        So you are waiting for…….?

    • Meteorlady

      My great grandparents lived through the Depression. They were farmers and lived on a section of land. They were self-sufficient and I remember them telling me about all the indigent people that came through asking for work. They would feed them if they could, but they didn’t have work for them. They didn’t depend on the government, FEMA or any other entity. In those days – before the Federal Government because Big Brother – people took care of themselves and made their own way in life. They helped their neighbors when disaster struck because they knew that eventually they might also need help.

      What is going to happen to all the people in the inner cities if we have an economic collapse? It will probably be like New Orleans with everyone sitting on the curb waiting for the Federal Government to show up. It won’t happen because there will be no federal government left without money to support them.

      • http://gravatar.com/dawgbisquit1 Tom W.

        Back in the day Meteorlady if you lived in the country and you had a need, like you needed a new barn or something, neighbors pulled together and helped you build that barn because they knew that if tey were in the same predicament, they could count on you!!! Neighbor helping neighbor. That spirit is still alive! Following Hurricane Ivan I witnessed it first hand along the Gulf Coast of western FL and southern AL!!! Pray for the people of central FL! They’re taking a beating from TS Debbie as we post!!!

  • Sirian

    Very good article Bob – Outstanding!!! If only more and more people would wake up to what a con has been pulled on all of us.

    • http://gravatar.com/dawgbisquit1 Tom W.

      Isn’t it funny sometimes how that when the truth FINALLY comes out, that it’s the VERY ones who caused the problem who offer the solution Sirian?!! You do know that it was a dentist who invented cotton candy right?! LOL!!!

      • Deerinwater

        My I direct you to Ron Paul’s book “End the Fed” copyright 2009 1st edition, page 8 , third paragraph,

        “The time to do it (end the Fed) is now. The Fed activities since the market melt-down of 2008 has been dangerous in the extreme. The Fed is using all of it’s power to drive the monetary base to unprecedented heights, creating trillions in new new money out of thin air. From April 2008 to April 2009 the adjusted monetary base shot up from $856 billion to an unbelievable $ 1.749 trillion dollars. Was there any new wealth created?New production? ~ NO! this was the Ben Bernanke printing press at work.

        Now Tom, ~ I really don’t know when you woke up from your induced stupor but the problems we address today ‘were not’ crafted by the current administration that attempts to offer solutions. It’s wasn’t until Feb 28th of 2009 that “W” handed over the keys to the ranch, giving “O”‘s administration only 30 days from a flat footed start to affect the FED in anyway at all.

        But as Ron Paul explains it, no elected official truly controls the FED while some influence must certainly be possible.

        and ~ Thank you Tom, for giving me the opportunity to stay in context and interject meaningful data.

      • http://gravatar.com/dawgbisquit1 Tom W.

        My pleasure Brotherdeer. Seein’s Bob has me on double secret probation, I can’t tell you what I really think! Oh the sound of silence!!!

        http://www.youtube.com/watch?v=Y0cF2piwjYQ&feature=related

        http://www.youtube.com/watch?v=dTCNwgzM2rQ

        Echos the sound of silence!

      • GALT

        ssssshhhhhh there is a new secret LOST ron paul book……..

  • Willy

    Bob, If we can print money to infinity, why don’t we just do that to answer our 16 trillion dollar debt to the Eurozone?
    Just wondering.

    • http://gravatar.com/dawgbisquit1 Tom W.

      WHY NOT?! What a concept! LOL!!!

      • Sanders

        Yea, then we can have hyper-hyper inflation. :-)

      • http://gravatar.com/dawgbisquit1 Tom W.

        We’re right on the cusp now sanders! LOL!!!

    • Deerinwater

      Willy says:

      “Bob, If we can print money to infinity, why don’t we just do that to answer our 16 trillion dollar debt to the Eurozone?”

      Actually Willy this can and has been done before, the British Empire counterfeited the early Colony’s money and flooded the market, debasing the Continental Note enacted by congress in 1775 to print paper currency. The reason for this? They didn’t approve of our money and wanted payments in gold. The Boston Tea Party was just a single event in a long running feud with the Crown and the Colonies over money and payment.

      While Ron Paul speaks of “Continental Note” in his book on page 8, he make “no” mention of the Crowns malicious counterfeiting activity as that would not serve his purpose to discredit the FED or help in his defense of a gold standard. ( It’s funny how omitting data can change tenor and tone.) Yes~ your beloved Ron Paul is just a guilt of omission of facts for convince as the next guy.

  • Karolyn

    I am so tired of gloom & doom!!! If Bob Livingston put more effort into showing his readers how much money there is to be made out there, how much opportunity there is, it would go further towards assisting this economy. There are people making millions online in all kinds of ways. There is more than enough money for every person in the world! Why not focus on those businesses that are doing well, moving manufacturing back to the US and having record profits! No, gloom & doom sells better.
    http://www.dailyfinance.com/2012/05/15/moving-manufacturing-back-to-the-us/

    What creates all the problems in the world? Greed, anger, dissension, hunger for power etc. – all the negatives. With more emphasis on the positives, there is more impetus for improvement in the world condition.

    • http://gravatar.com/dawgbisquit1 Tom W.

      A GOOD start would be to allow the burning of witches to resume, right after executing the traitors! LOL!!!

    • Sanders

      Karolyn, Bob has offered some good sound advice for your own good. Did you watch and listen to his audio above? It is not people like Bob who has created the economic mess we are in today and the much worse that is headed our way like an out of control freight train. It’s our government. I’m sick of the doom and gloom too, but have my eyes wide open and realize that Bob couldn’t be more accurate. I’m not too sure of the “hyper”inflation, but extreme inflation is inevitable and coming much sooner than most realize.

      • http://gravatar.com/dawgbisquit1 Tom W.

        “And he spake a parable unto them, Can the blind lead the blind? shall they not both fall into the ditch?” – Luke 6:39 (KJV)

    • duane

      Grow up!! Why should you rely on Bob or anyone else for the information of making money. You said it yourself that there are people out there making money on the internet, Etc. Why are you on this site? All you do is complain about being poor and put done people who have more smarts and intelligence in their little finger than what you show on this site. Go drink some kool-aid, do something, besides complaining and putting people down.

      • Karolyn

        duane, duane, duane, tsk, tsk, tsk. Where did you see me complaining of being poor? You miss the message.

      • phideaux

        She also puts down the people of her adopted state.

      • http://gravatar.com/dawgbisquit1 Tom W.

        Yeah pretty soon and you’ll have to earn your keep the old fasioned way! You’re goin’ to have to get your fat lazy kiester out from behind that keyboard and go out and sweat for it! LOL!!! When you’re casting your gold and silver in the streets because it’s worthless, We’ll be lookin’ down on you poor fools!!! But take heart you’ll still be able to call on Jesus, it just might cost you your head though!!! No LOL!

        “They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the Lord: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.” – Ezekiel 7:19 (KJV)

        “And I saw thrones, and they sat upon them, and judgment was given unto them: and I saw the souls of them that were beheaded for the witness of Jesus, and for the word of God, and which had not worshipped the beast, neither his image, neither had received his mark upon their foreheads, or in their hands; and they lived and reigned with Christ a thousand years.” – Rev. 20:4 (KJV)

        NO LOL! :(

  • http://none Mikee B

    Don’t worry. Everything is held together by paper clips, glue ans staples.

    • http://gravatar.com/dawgbisquit1 Tom W.

      My cousin used to have a “65″ Beetle and that’s EXACTLY how he kept it rollin’! LOL!!! Of course the brakes went out on him comin’ down a hill towards a busy street, but PRAISE be to God, He was watchin’ over his lost soul! He must still have a plan for my poor LOST cuz!!!

  • Willy

    Rasta and Karolyn. Just keep burying your heads in the sand.

    • Karolyn

      Don’t kid yourself, Willy. :-)

      • http://gravatar.com/dawgbisquit1 Tom W.

        We could only hope and pray Willie! LOL!!!

      • http://gravatar.com/dawgbisquit1 Tom W.

        Oops! Sorry Willy!!!

  • Norm

    Low “fixed” interest rates are a boon for bankers and people who are totally irresponsible in managing their own money.
    Greenspan’s near 0 interest rates, along with the banking industry’s idiotic belief the housing prices could rise by double digits forever, are the primary reasons that we are in the mess that we are in now.
    To compensate for the blunders of the past, the Fed is now holding interest rates (free market?) to near 0. This makes it easier for people who can’t afford goods and services to partake in them anyway. It also allows small businesses, many of which are poorly conceived and/or managed, to have access to easy money. Unfortunately, as with the use of any narcotic, real problems are masked, but not solved
    Responsible people, including retirees, who actually lived within their means and have played by the rules, are the ones paying the price. This is bad for them and bad for the economy. Those few extra dollars made by fair and honest free market interest rates are not available to be spent.

  • http://www.linkedin.com/in/GaryMallast Gary J. Mallast

    Excellent article.

    I’ve been going through the fire for nine and a half years of futile job hunting and financial disaster. If “we will be the better for it,” I must be a really sterling character by now.

    Too many doctrinaire liberals and conservatives want to blame Mortgagegate on, respectively, the private sector or government. Really it was a joint venture between crooks on both sides. Oh how I would like to get Barney Frank on a witness stand under oath!!

  • http://lot484.wordpress.com lot484

    IT APPEARS THERE IS NO WAY OUT OF THIS FINANCIAL COLLAPSE. TO BE FEARFUL OF IT AND CIRCUMVENT IT IS USELESS SO LETS CONCENTRATE ON SURVIVAL BY FRIENDS, GROUPS, SELF OWN SKILLS OR BARTER, THEN KEEP WORKING AT THE SYSTEM GAINING WHAT WE CAN TO SUSTAIN OUR LIVELIHOOD AND WATCH THE DOMINOS FALL. ONE HARDLY THINKS WE ARE ALL IN THE SAME BOAT CONSTITUTIONALLY AND THE COMMON LAWS OF SELF AND PROPERTY WAS OUR BASIC CONSTITUTIONAL RULE. THE TEN COMMANDMENTS DECLARE THE SAME, A RELATION TO GOD, A RELATION TO MAN AND HIS PROPERTY. SIMPLE AND GOOD, HISTORY IDENTIFIES STORAGE FOR SURVIVAL, NATIONS CHANGE HANDS, BUT THE FOOD IS A GOOD BARGAINING CONTENDER EVEN FOR KINGS…..GATOR.

    • http://gravatar.com/dawgbisquit1 Tom W.

      Take heart lot484, in bad times, GOOD people will ALWAYS find each other!!! An economic collapse could be the BEST thing that ever happened for the WORKING people in this country! They will FINALLY be rewarded the way that they should of ALWAYS been! Remember it isn’t money that the Bible says is the root of all evil, it’s the LOVE thereof!!! It’s the fat, greedy, Scrooge McDucks out there that I feel sorry for! When the whip comes down, they’ll be jumping with no golden parachutes from their hi-rise corporate HQs! How did Terrible Teddy put it?! “Swan dive to the street!” Isn’t it GOOD to know God in times like these?!!

      http://www.youtube.com/watch?v=q1ZV4Mx7tw8

      NO LOL!

      • http://gravatar.com/dawgbisquit1 Tom W.

        The WARNINGS have been going out for years!!! Beware of the people who woud use times like these to cushion their own portfolios!!! Ravening wolves in sheeps clothing! The very same ones who are offering the solutions are the very same ones who caused the problems!!!

  • http://none ron

    How does one find out WHO the STOCKHOLDERS are in the FEDERAL RESERVE.

    It is a private corporation and there should be a way for the public to find out just WHO owns STOCK in the FEDERAL RESERVE and what PERCENTAGE.

    • http://gravatar.com/dawgbisquit1 Tom W.

      The Rothschild banking empire owns the FED lock, stock, and barrel!!! My humble opinion of course!

  • Dorian Douglas

    There are some salient points in the article and many of the responses. But EVERYONE is missing the crux of our situation.

    Our banking system was put on the road to ruin (this time!) in 93 & 94, when congress (Dems & Pubs) created NINJA loans (loans to people with NoIncomeNoJob or Assets, or at least not enough income or assets to repay the loans). Then the Clinton Administration beat banks over the head to make the loans, by threatening to pull banks’ charters if they didn’t. (Look it up!)

    When the banks ran out of money to loan (what did congress think would happen!), congress (Dodd & Franks, but with lots of other Dems & Pubs) created Fannie & Freddie (using our tax $$$, borrowed money, or newly printed Monopoly money) to buy up the toxic loans, so the banks could start the merry-go-round all over (& over & over) again. Along the way, congresspersons learned how to enrich THEMSELVES on this Ponzi scheme. Then they went a step further, and “authorized” F & F to “bundle” packets of of these worthless loans as “Securities”, then forced banks to buy some of these “Securities” to meet requirements that congress imposed on banks! Goldman (and maybe others) resold some of the “securities” to unsuspecting clients (with the blessings of congress!!!), then hedged their bets, knowing (or at least believing) that the “securities” were bogus.

    Bush (to his credit) tried to rein F & F in, starting in 2001, & again in 2004 & 2005 (which by the way, Obama fought; so what did he inherit????). But Bush couldn’t get enough votes (Dems & Pubs) in congress (they were getting too much money from the scheme) to get it done. (Many have publicized this, but CNN ran the best expose at the end of Oct 2008, including film clips of both Bush & McCain trying to to save us by changing the system, and Obama threatening a filibuster.)

    The final insult to us citizens was Dodd/Frank legislation in 2010, to regulate the banks against doing WHAT CONGRESS FORCED BANKS TO DO!!! (Where was our news media, except FBN & IBD, and sometimes WJS) to expose this?????)

    One of Government’s roles in a free society is to “Promote the General Welfare”! (I read that somewhere!) Welfare here is NOT any facet of the Nanny State, but to protect us from Force & Fraud. But government CAUSED the Banking Fraud by FORCE (and is now using that fraud as the excuse to expand the nanny state).

    Have capitalists EVER Force congress persons (or presidents, or bureaucrats) to take bribes????? Really??? Forced them to????

    So to blame “greedy capitalists” for our problems is missing the point, and rediculous. The article at times, and many of the responses, sound like Michael Moore (that great capitalists who continues to try to bite the hand that feeds him), who once asserted (during an HLN interview) that “capitalists make laws to benefit themselves”!!! Really!!! Capitalists can make laws????

    Who make laws? Legislators! And whether they make bad laws out of good intentions, or whether by graft & corruption, bad legislation is bad legislation. And when bad legislation causes problems, we need to identify the legislation as the culprit, not try to “score points” to justify some half-baked political philosophy. And Progressives, liberals and conservatives alike all do it. And continue to get it wrong.

    Who enforces laws? Government Bureaucrats, some of whom are as corrupt as the legislatures. Are they FORCED to take bribes???? Really????

    As a wise man once said 25-30 years ago, “Government is not the solution to the problem, Government IS THE PROBLEM.” To look elsewhere is a fool’s folly.

    Dorian Douglas

    • GALT

      Dorian, you are quoting the “idiot” that began the problem……..and you are experiencing the results……….you have a corrupted government……..your problem is those that have corrupted it.

      • Sanders

        Galt, you may be right. Reagan may have started, although I believe it started long before him. But his message couldn’t any more correct even if he was talking about himself. Government is the single biggest problem in or country and probably most others. If government would get out of the way and let the private sector do what they do best, then most of our woes would correct themselves in fairly short order. That is of course, after their bills have been paid.

      • GALT

        I know…….I was just dealing with the unattributed quote…..can’t get too complicated or ask for too much……..baby steps…….

      • http://gravatar.com/bychoosing Jay

        Galt: Dorian, you are quoting the “idiot” that began the problem……..and you are experiencing the results……….you have a corrupted government……..your problem is those that have corrupted it.

        No, the problem being is that, we have “Corruption”, and corruption cannot be eradicated. Well, actually, the only way to eradicate corruption completely, is to remove the entire human race off of planet earth…unfortunately with that plan, there will be no-one around to point out the non-existence of corruption…until then, we have to settle with the corrupt, pointing out the “corruption”…if that turns your crank, so be it.

      • GALT

        w.i.A.L.F. irrelevant and of no consequence!

      • Deerinwater

        “No, the problem being is that, we have “Corruption”, and corruption cannot be eradicated.”

        This is true Jay, but like my grandfather told me once, Locks only keep honest people honest.

        So we use locks! all kinds, ~ to keep the honest, ~ honest while we will never be free of a thief.

      • http://gravatar.com/bychoosing Jay

        Good point, deer, but who do we trust with the safe-keeping of the locks, lots and lots of them…?

      • GALT

        Now here’s a thought…….what if there was no justifiable reason to steal anything?

        oops…my bad….please don’t kill me

      • http://gravatar.com/bychoosing Jay

        Hmm, only in a perfect world, Galt…expunged of the “fallen”…and the “corrupted”…

      • Deerinwater

        “but who do we trust with the safe-keeping of the locks, lots and lots of them…?”

        Well certainly not elected officials! LOL! ~ We do have men and women of impeccable character in this country. Such people do exist! I promise it’s true.

        I’ve been fortunate enough to meet a few in my lifetime and know what to look for.

        I judge peoples character by the way they treat other people and especially their enemies. What they will do to “others” likewise they will do to you.

        If they will cheat, steal, lie, bear false witness for any reason, they only need reason and for you to offer them one.

      • http://gravatar.com/bychoosing Jay

        deerinwater: We do have men and women of impeccable character in this country. Such people do exist! I promise it’s true.

        This is true, agreed!

      • GALT

        Good do it FIRST, then punish those that transgress……at least then you will have the moral high ground……..

      • http://gravatar.com/bychoosing Jay

        Tom, you rascal…lol!

      • http://gravatar.com/dawgbisquit1 Tom W.

        Thanx Jay, it means a lot comin’ from you Bro! Keep up the GOOD fight!!!

    • nc

      Dorian: said”Bush(to his credit) tried to rein in F& F in 2001 and again in 2004and 2005″
      You need to type in “Bush praising Fannie and Freddie” and WATCH THE VIDEO of bush PRAISING Fannie and Freddie for their assistance with low income home mortgages!! ESPECIALLY WITH MORTAGES TO PEOPLE WITH A BAD CREDIT HISTORY!!! THE MOST TOXIC OF ALL MORTGAGES! That was in OCT> 2002 when you said he was was wanting to rein them in in 2001!!
      Now to 2004 when you said bush was trying to rein in the low income mortgage business! In 2004 bush ASKED FOR and SIGNED a bill that used US TAX PAYER FUNDS to make the DOWN PAYMENT for low income home purchases!! THE BAD MORTGAGES!!!!
      TOO MUCH KOOLAID DORIAN!!! EVEN THE GERMANS KNEW MORE ABOUT WHAT bush WAS DOING THAN THE conservaties and FAUX NOISE!

      BTW, DODD AND FRANK HAD NOTHING TO DO WITH THE CREATION OF FANNIE MAE! IT WAS CREATED YEARS AND YEARS BEFORE EITHER REACHED CONGRESS!
      MILLIONS OF PEOPLE ARE LIVING IN HOME PURCHASED WITH THE ASSISTANCE OF FANNIE MAE AND PAID FOR BEFORE bush FISCAL POLICY BLEW UP THE ECONOMY!!

    • Thinking About

      Dorian, whatever Bush wanted in 2001-2006 the only thing he needed to do was to hint and the republican controlled Congress jumped and gave to him. He never met a dollar he did not want to spend. You can not rewrite history and change facts to fit the glorified image you might possess of Bush.

      • http://gravatar.com/dawgbisquit1 Tom W.

        That’s why they murdered Tim Russert!!!

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

        NO LOL!!!

      • http://gravatar.com/dawgbisquit1 Tom W.

        God rest your soul Big Guy!!!

      • Thinking About

        Tom your personalties are switching too frequent, you say terrible ugly comments and then preach on others, be nice for a change and we might believe you are a preacher.

      • http://gravatar.com/dawgbisquit1 Tom W.

        Believe it or not Thinking About, I’ve never thrown, (Weellll, maybe I can’t say NEVER! LOL!!!) the 1st punch, I’m a pure counter puncher! Karlolyn 4 example is a low blow artist if you haven’t noticed, how she’ll be talkin’ all nicey nice and then cut ya stem to stern and not even bat an eye! How did Billy Joel put it?!

        “She’ll carelessly cut you and laugh while you’re bleedin’…”

        Ain’t that right old girl?! X’s & O’s! LOL!!! ;)

    • Hey you

      There are comments that this person in charge of a USA federal administration is an idiot or that person, etc., is an idiot. Seems to me that most of the comments are correct.

      Democracy at work elevates any celebrity type politician to beyond his competency level. Been going on for longer than any one of us has been alive. But we collectively support idiots all the time, making the same mistakes that our grandfathers made.

      It would be very productive for us to “wise up”. However, it may be that a true economic collapse is the only way such could possibly happen. That’s “possibly” in “not likely”.

      • http://gravatar.com/dawgbisquit1 Tom W.

        Are ya tryin’ to tell us that puppets have brains Hey you?!!

  • TIME

    Who Owns the FED? Any takers on that question?

    Peace and Love

    • GALT

      of course not, that would be USEFUL information………

      • TIME

        Dear Galt,

        Saddly I fear your correct…….

        Peace and Love my Friend

      • http://gravatar.com/dawgbisquit1 Tom W.

        He ain’t NEVER been correct about nothin’, his real name is WALT! LOL!!!

    • http://gravatar.com/bychoosing Jay

      Come on, Time, we’ve been through this a million times.

      “Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.”

      – The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s

      • TIME

        Dear Jay,

        Please be more specific, Yes sure do know who owns it and so should all who post here as a matter of fact all of you should be able to quote all the owners verbatim.

        But then again everyone here should also be albe to quote when the US Flat Tire happened and yet so far we have only three that know {when} that happened and {why} it happened and {Who} did it.
        Thats just bloody sad.

        Peace and Love

      • http://gravatar.com/bychoosing Jay

        Time, it seems at times i take it for granted that most know, or should know, the obvious…perhaps regarding this issue, repetition…repetition…repetition…should be the order of the day. My apologies, Time.

    • Michael J.

      Time,
      Who owns the Fed?
      That’s easy, the descendants of the money changers.

    • Deerinwater

      Time, I’m not sure that the FED is “owned”, I seriously doubt if you could get a single person or group to claim ownership.

      A good question though, ~ while in some ways it’s like asking who might own a “the” church. ~ It’s not property while it is a “Noun”.

      The Fed is the results of enacted legislation Page #22 of Ron Paul’s book “End the Fed” stated;

      “By Nov. 1910 the time was right for drafting the bill that would become the Federal Reserve Act. A secret meeting convened at the coastal Georgia resort called the Jekyll Island Club, co-owned by J.P. Morgan himself. The press said that it was a duck hunting expedition. Those that attended took elaborate steps to preserve their secrecy, but history records exactly who was there; John D. Rockefeller’s man in the Senate , Nelson Aldrich, Morgan’s senior partner Henry Davison, German emigre and central banking advocate Paul Warburg, National City Bank vise president Frank Vanderlip, and NMC staffer A. Piatt Andrew, who was also Assistant Secretary of the Treasury to President Taft.

      “So we had two Rockefeller’s two Morgan’s, one Kuhan, Loeb person and one economist. ” ( if you can’t identify who “Kuhan, Loeb” was, welcome to the crowd, that’s verbatim out of the book) “In this group , w find the essence of the FED: powerful bankers with powerful government officials working together to have the nations money system serve their interest, justified by economists there to provide the science gloss. ”

      Of course that last sentence is Ron Paul spin. ~ while the whole affair seems to leaves little question to who’s best interest might best be served. Joe Q public best interest was to be served by a single appointed official of an elected Representative, President Taft~ we would be lead to believe.

      Of course that was 1910 Time, any “owners” if there be one, would be prodigy at this point.

      • http://gravatar.com/bychoosing Jay

        With apologies, deer, but what, exactly, is your point?

      • http://gravatar.com/dawgbisquit1 Tom W.

        He’s only got buttons, you have to be a BUCK to have points! LOL!!! See ya, wouldn’t want to be ya! LOL!!!

      • Deerinwater

        It stands to reason, if there be owners of the Fed, they would be at or have Representative at such a meeting ~ that was my point. Having some ideas as to what or who “an owner” might have been in 1910 could offer insights to Times question, ” Who owns the FED?” That was my point Jay.

      • Michael J.

        Deerinwater,
        All in attendance at The Jekyl Island betrayal of America were Rothschild surrogates. The Rothschild Dynasty has owned controling influence in the world for centuries. But don’t take my word for it, suggest you hold a seance to summon the spirit of Napoleon and ask him the same question. The only difference is that today they own 100% of the stock, having looted Fort Knox and confiscated the gold as colateral against our nations debt to the Fed while the rest of us are left to squabble over worthless fiat play-dough.

        The only quest remaining is total control over absolutely everything and everyone. Ruling like gods with the power to control the economy, the weather, un-natural disasters and the total sum of our numbers.

  • http://rojomo62722att.net Boib Moore

    I believe in a peoples tribunal to put on trial Bernanke for crimes against the Amer. people.
    There should be no safe haven for these peop[le.

    • http://gravatar.com/dawgbisquit1 Tom W.

      The problem is Boib, there’s almost NO safe place for us anymore!!!

      • http://gravatar.com/dawgbisquit1 Tom W.

        http://www.youtube.com/watch?v=rw9IPYYMp0c

        Watch all three parts!!! NO LOL!

      • Deerinwater

        Sounds like fear-mongering to me. You come into this world with your mother and you leave by yourself. Between now and then, you are suppose to serve someone or something and try to enjoy yourself along the way. What’s to fear? What were you ever promised?

        I’ve been broken down with nothing but my name and a smile that I “elected” to keep twice hence. Now , I’d admit that I wouldn’t want to go though that one more time but if I have to I would, rather then live in some state of “fear”.

      • http://gravatar.com/dawgbisquit1 Tom W.

        So Brotherdeer, are ya callin’ God a fear mongerer?!!

        “The fear of the Lord is the beginning of wisdom: and the knowledge of the holy is understanding.” – Proverbs 9:10 (KJV)

        “The Lord hath made all things for himself: yea, even the wicked for the day of evil.” – Proverbs 16:4 (KJV)

        NO LOL!

      • Deerinwater

        I’m sorry Tom, but I simply do not subscribe to early neanderthal Jewish tribal law as they make little sense and found in direct conflict with the later Gospels. I prefer the revised version offered to us by Jesus as he walked while among us and taught by word and example.

        If you want to fear God and believe all those old trial tales, more power to you. While I do have a Jewish Sir name I am not Jewish while I respect them.

        If there be one God and he claim only certain ones as “chosen” and you don’t have a problem with that, you’ve been brain washed my friend.

        I would be happy to debate it but not here and not now.

      • http://gravatar.com/dawgbisquit1 Tom W.

        Sorry Brotherdeer! You wrong on this one how does the New Testament conflict with the Old?!! You know not of what you speak! Let’s see what Jesus has to say on this matter;

        Matthew 5 (KJV)

        11 Blessed are ye, when men shall revile you, and persecute you, and shall say all manner of evil against you falsely, for my sake.
        12 Rejoice, and be exceeding glad: for great is your reward in heaven: for so persecuted they the prophets which were before you.
        13 Ye are the salt of the earth: but if the salt have lost his savour, wherewith shall it be salted? it is thenceforth good for nothing, but to be cast out, and to be trodden under foot of men.
        14 Ye are the light of the world. A city that is set on an hill cannot be hid.
        15 Neither do men light a candle, and put it under a bushel, but on a candlestick; and it giveth light unto all that are in the house.
        16 Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven.
        17 Think not that I am come to destroy the law, or the prophets: I am not come to destroy, but to fulfil.
        18 For verily I say unto you, Till heaven and earth pass, one jot or one tittle shall in no wise pass from the law, till all be fulfilled.
        19 Whosoever therefore shall break one of these least commandments, and shall teach men so, he shall be called the least in the kingdom of heaven: but whosoever shall do and teach them, the same shall be called great in the kingdom of heaven.

        Well I guess He told you didn’t he?! LOL!!! So ya think you’re ready for a little MEAT?! OK, but ya BETTER put your dentures in! LOL!!!

        Colossians 2 (KJV)

        1 For I would that ye knew what great conflict I have for you, and for them at Laodicea, and for as many as have not seen my face in the flesh;
        2 That their hearts might be comforted, being knit together in love, and unto all riches of the full assurance of understanding, to the acknowledgement of the mystery of God, and of the Father, and of Christ;
        3 In whom are hid all the treasures of wisdom and knowledge.
        4 And this I say, lest any man should beguile you with enticing words.
        5 For though I be absent in the flesh, yet am I with you in the spirit, joying and beholding your order, and the stedfastness of your faith in Christ.
        6 As ye have therefore received Christ Jesus the Lord, so walk ye in him:
        7 Rooted and built up in him, and stablished in the faith, as ye have been taught, abounding therein with thanksgiving.
        8 Beware lest any man spoil you through philosophy and vain deceit, after the tradition of men, after the rudiments of the world, and not after Christ.
        9 For in him dwelleth all the fulness of the Godhead bodily.
        10 And ye are complete in him, which is the head of all principality and power:
        11 In whom also ye are circumcised with the circumcision made without hands, in putting off the body of the sins of the flesh by the circumcision of Christ:
        12 Buried with him in baptism, wherein also ye are risen with him through the faith of the operation of God, who hath raised him from the dead.
        13 And you, being dead in your sins and the uncircumcision of your flesh, hath he quickened together with him, having forgiven you all trespasses;
        14 Blotting out the handwriting of ordinances that was against us, which was contrary to us, and took it out of the way, nailing it to his cross;
        15 And having spoiled principalities and powers, he made a shew of them openly, triumphing over them in it.
        16 Let no man therefore judge you in meat, or in drink, or in respect of an holyday, or of the new moon, or of the sabbath days:
        17 Which are a shadow of things to come; but the body is of Christ.
        18 Let no man beguile you of your reward in a voluntary humility and worshipping of angels, intruding into those things which he hath not seen, vainly puffed up by his fleshly mind,
        19 And not holding the Head, from which all the body by joints and bands having nourishment ministered, and knit together, increaseth with the increase of God.
        20 Wherefore if ye be dead with Christ from the rudiments of the world, why, as though living in the world, are ye subject to ordinances,
        21 (Touch not; taste not; handle not;
        22 Which all are to perish with the using;) after the commandments and doctrines of men?
        23 Which things have indeed a shew of wisdom in will worship, and humility, and neglecting of the body: not in any honour to the satisfying of the flesh.

        I asked ya if you were ready?! Yeah I guess I shoulda waited for an answer huh?! LOL!!! Sharper than ANY two-edged sword!

      • Deerinwater

        Matthew ~ was not addressing early tribal law Tom but the 10 commandment and Cesar law.

        And then too, Matthew was sucking up to the leadership of the “current times” as he didn’t wish to be seen or come on as a revolutionist and trouble maker, stirring up disobedience. Matthew was attempting to be a peace maker in strained and strange times. That is what Matthew is address here.

        We need to views such material as it was “real times” and real people, no different then from today.

        We allow ourselves to be lead to envision and believe by organized religion. In so doing, we are lead astray.

        Father’s day, I visited my fathers grave site. ~ It was hot sunny day, I found a black granite bench under a pathetically small little tree compared to the bench offering little shade. I set for a spell, taking all the feelings and surrounding in.

        The cemetery had this elevated concrete pond filled with water, ~ There was this was this statue of Jesus in his flowing robes stand up in a small boat, one hand to his chest and another outreaching.

        I must have stared at it 5 minute before I realized just how absurd it was. People don’t go out in small boat wearing cloths that you can’ swim a stroke in, wearing a bed sheet, a person would sink like a rock as soon as he got wet.

        I would have to believe that men of Jesus’s day were much more smarter about such things then men today.

        It was an imagery sells job, poorly conceived ~ plain and simple and when it comes to Chapter & Verse it no different Tom.

        Eat it up, there is plenty and you’ll never find a shortage religious spin.

  • David

    Something to ponder. I have read that the FED returns 90% of the interest they collect in interest back to the US Treasurer. The tax payers are getting billed interest to the tune of 445 billion a year.

    I the Government gets most of that back then what are they really doing with the all the money? Underground bunkers, Black projects?? 62% of the treasures sold at auction are purchased by the FED to keep interest rates low. This money has debt attached and is created out of thin air.

    If this the FED returns 90% of the interest paid to the government and we are still getting billed for it, what a scam against American Tax Payers!!!

    • GALT

      You might want to verify that source……….all monies collected by the IRS go directly to the FED…….and if you have ever sent them a check, and the bank returned it to you, you need only look on the back to confirm this…..then again, the banks started charging for that service too……..so most people no longer do that either.

      • David

        Hi Galt,

        What I have heard is that yes the IRS collects the the money and uses to pay interest to the FED for debt. But the FED returns most of the money it charges for money it loans to the US government or 90% back to the treasury. Worth looking into. Thanks for you comment. What a racket! If this is true the government does not pay much for money the uses to purchase Treasury’s or only 10% the stated interest on the fact of the note

    • http://gravatar.com/dawgbisquit1 Tom W.

      According to Aaron Russo’s “America: Freedom to Fascism” 100% of income tax collected goes to pay the interest to the FED for the issuance of fiat money!

      http://video.google.com/videoplay?docid=-1656880303867390173#

  • uvuvuv

    here is what i ain’t don’t unnerstand, someone has a lot of splaining to do. they say our economy is hurting because of globalism. that is to say, they stopped making amana radar ranges here and started making hing hang ho microwaves over there. but everyone everywhere is hurting. so where is all our money going? i bought an electric drill made in china, one little purchase multiplied millions of times per day, and that’s just here, this doesn’t even include french or irish purchases of chinese imports, so you would think china would be booming with unimagineable prosperity, but they’re on the brink too. how does this money pull off such a david copperfield disappearing act?

    • GALT

      What is money? It only has power it you have faith……and regardless of what kind of value you assign to it……..some other schmuck has got to believe you……otherwise money is
      debt……something you have excepted in exchange for something else……..on the PROMISE that you will in turn be able to exchange it…..for something else.

      • KEN

        ERGO, it is worthless…

      • GALT

        accepted…key bored fatigue again….. but ergo is right on the money ken……

        my vision of the future……wow those are bright and shiny….so are you a juggler?

      • http://gravatar.com/dawgbisquit1 Tom W.

        “And, behold, one came and said unto him, Good Master, what good thing shall I do, that I may have eternal life? And he said unto him, Why callest thou me good? there is none good but one, that is, God: but if thou wilt enter into life, keep the commandments. He saith unto him, Which? Jesus said, Thou shalt do no murder, Thou shalt not commit adultery, Thou shalt not steal, Thou shalt not bear false witness, Honour thy father and thy mother: and, Thou shalt love thy neighbour as thyself. The young man saith unto him, All these things have I kept from my youth up: what lack I yet? Jesus said unto him, If thou wilt be perfect, go and sell that thou hast, and give to the poor, and thou shalt have treasure in heaven: and come and follow me. But when the young man heard that saying, he went away sorrowful: for he had great possessions.” – Matt.19:16-22 (KJV)

        What about it WALT?!!

    • Sanders

      The banks have it all. The only reason China’s economy is faultering just a bit is because all the nations their exports go to are in much worse shape, not near as much purchasing power from the private sector. China’s exports are primarily consumer goods.

  • Big Red

    GALT,, So socialism/communism is better?

    • GALT

      Did I say that? if not, the real trick is figuring out what I did say……and why you are having such a hard time with the “words”? or maybe why you need to believe that I am saying that?

      • http://gravatar.com/dawgbisquit1 Tom W.

        No WALT, the REAL trick is you figuring out what you said. You hold yourself up on this HIGH intellectual pedestal (It’s a wonder ya don’t suffer nose bleed!) and talk in riddles, who do you think you are, Jesus?! Go aead, blasphemy!!! NO LOL!

    • TIME

      Dear Big Red,

      OMG, Paper is paper, if one puts ink on it its still just paper.

      Perhaps you should slow down and Think about what your reading, and why people are posting it.
      Its really not all about the useful idiots with in a mindless political thearter puppt show.

      Peace and Love

  • Rafael

    It was exactly a century ago that Ludwig von Mises’s book The Theory of Money and Credit laid out the case against central-bank wealth fairies, but few listened then, and fewer listen now. The message is unpleasant to politicians, who want to spend more than the government takes in through taxes. They do not want rising interest rates that will
    result if the government is to cover its deficit.

    • Karolyn

      Did you know that the Money Power financed Mises and the Libertarian movement?
      http://realcurrencies.wordpress.com/2012/02/17/how-the-money-power-created-libertarianism-and-austrian-economics/

      • http://gravatar.com/dawgbisquit1 Tom W.

        X’s & O’s!!! ;)

      • http://gravatar.com/dawgbisquit1 Tom W.

        Oops, I almost forgot! LOL!!!

    • GALT

      Rafael…

      Unfortunately, the study of “economics” has no connection to “reality”, so the specific system is irrelevant, and the one being claimed as the solution, is in fact the most responsible for the “problem”……….but this requires that one actually has a fundamental understanding of the “history” and it is clear that very few here have this understanding or are capable of considering the possibility that it is their very ignorance which allows this
      idiocy to continue. In short, you are being played……by those who are benefiting from the continuation of this “fraud” on every level…….and since it is quite clear that you have very little in common with any of these people who show up every day ( except sunday ) to jerk your chain…….the fact that you are unquestioning participants in your own victimization is particularly ironic………..but such is the way of things for the w.i. A.L.F.

      You may alter this lack of understanding at any time……..

      The Social Conquest of Earth
      Debt: The First 5000 Years.
      Power Inc.
      Extreme Money
      The Great Divergence
      Economic’s Unmasked

      Just as you resist the implications of the simple question Where are the common law and equity courts?, as it applies to The Constitution…….

      That there is NO NOBEL PRIZE for “economics” and therfore there are no Nobel Lauriets on this subject…….should also stimulate anyone intelligent into the mode of further inquiry……….after all, why would these supposed ‘prize winners” actually allow this misconception to continue……….

      This is similar to the question on the Constitution and the silence of Ron Paul and Judge Napolitano to address what is in fact the most direct way to restore what has been lost, and it is impossible for any Judge not to know this, so again we have a case of direct FRAUD……..which continues without missing a beat……..

      • Ted Crawford

        Contrar, Oh Wise one, they have awarded the Nobel Prize for Economics beginning in 1969 with Ragnar Frisch and Jan Tinberger and the last, in 2011 were Thomas J. Sargent and Christopher A. Sims

      • GALT

        No Ted, that is a prize from the National Bank of Sweden, issued on the same day the the other Nobel Prizes,,,,,,,and confused with same……..fraud is very easy to commit, when the victims are WILLING………

      • GALT

        http://www.worldcolleges.info/nobel_index.php

        To find out how a goat changed your life……read Power, inc. ( it was a swedish goat )

      • http://gravatar.com/dawgbisquit1 Tom W.

        Just like the dentist who invented cotton candy WALT! DUHHH!!!

        “Professing themselves to be wise, they became fools,” – Romans 1:22 (KJV)

    • http://gravatar.com/dawgbisquit1 Tom W.

      We’d lay ‘em off but who could to pay their unemployment?!! Ya know the bums wouldn’t start lookin’ for work until they’d exhaulsted the FULL two years! LOL!!!

      • http://gravatar.com/dawgbisquit1 Tom W.

        Oops! I forgot the word afford!!! Been behind this keyboard ALL day, huh Bob?! LOL!!!

  • hipshotpercusion

    We in this country at this time have a unique opportunity. In 2013 the Federal Reserve will be 100 years old and I believe its charter will be up for renewal. If we deluge our CONgress with letters, calls and email they may decide to dump said Fed. One can only hope

    • Sanders

      You’d probably stand a better chance of surviving a direct hit from a mortar.

      • Hey you

        Unfortunately, your comments is probably correct.

      • Hey you

        Unfortunately, your comment is probably correct.

      • http://gravatar.com/dawgbisquit1 Tom W.

        Someone get that person some water!

      • Deerinwater

        Well Sirs. ~ be mindful of “terms” & “conditions” ~ myself , ~ as under prepared and under staffed as I may be ~ an AUDIT of the Fed by parties of incorruptible commission and intent I find within the range of possibilities and request. We only need to make it so!

        This dubious notion of some victorious frontal attack on the most powerful is for children, ~ put your thinking caps on. Look at it like John Henry’s hammer, the mountain moved and gave way to the fall of his small hammer a single deliberate stroke at a time.

        You hammer and hammer and your children hammer and hammer then your children’s children hammers and hammers.

        This is a long game, ~ If you expect quick results and instant gratification, you are in for great disappointment.

    • http://gravatar.com/dawgbisquit1 Tom W.

      Don’t FORGET about prayer hsp!

      • http://gravatar.com/dawgbisquit1 Tom W.

        Get on your knees and fight like a real man!!!

      • Deerinwater

        Men don’t fight on their knees. In a worst case scenario, to fight flat on your back, at the very least it’s defensible against a single attacker. A man on his knees has no defense and begs for mercy, deserving a quick death. There is no honor for a man being found on his knees.

        You get such ideas from some of that old testament Jewish God crap you’ve been reading Tom and it make no flocking sense in the world of the living. Maybe you’d like to feed the lions? “Tom the Lion Chow”

        While I do understand the implications and the “act” of surrendering to a higher power, you have not convinced me that “you do”, as you “taunt” with matters much greater then your comprehend and offend me ~ and I am very hard person to offend, TOM.

        I hope your days here are numbered less the mine.

        To be done with you, would be a good thing.

        So? are you one of those kneeling Baptist? ~ Have you accepted the the Lord Jesus Christ as the Holy Ghost and your personal savior? Or are you Pentecostal and become possessed by the spirit and flop about speaking in tongues with your eyes rolled back?

        Personally I like the Pentecostal best, ~ they are more fun to be around and share time with while the women seem to understand Gods design for woman’s natural beauty without paint and powder while their fire burns smoking hot.

      • http://gravatar.com/dawgbisquit1 Tom W.

        NO Brotherdeer! A man asks the ALMIGHTY to give him strength for the fight when he’s on his knees!!! He also asks that he’ll be able to show His mercy in the battle!!! Have you ever heard the Christian disclaimer Qu.. I mean Deer?!

        “If it be possible, as much as lieth in you, live peaceably with all men.” – Rom. 12:18 (KJV)

        The keyword being “if”!!!

  • http://www.facebook.com/profile.php?id=1417763559 Beno

    Get rid of the Federal Reserve, it is neither Federal or a Reserve, when Wilson signed the bill he said “I just destroyed the United States”. Says a lot about this monster.

    • Ted Crawford

      True Beno . The same wunderkind that gave us the 16th &17th Amendments and, ultimately, the UN ! He is perhaps the only President worse than our current one!

      • http://gravatar.com/dawgbisquit1 Tom W.

        Don’t forget about the man who GAVE away one of the seven wonders of the modern world! THAT at least earns honorable mention! LOL!!!

  • Ted Crawford

    Governments have been creating fiat currencies since the first fool coated lessor metal coins with a thin layer of Silver. It ultimately caused the collapse of that government and every other one since then that has attempted to deal with their debt problems with fiat currencies !

    • http://gravatar.com/dawgbisquit1 Tom W.

      What’s your point Ted?!

  • Mirage

    Finally a form of acknowledgement from Bob Livingston that our political system is PROBABLY so broken, that a partial collapse or great reform must happen first, before a potential new America has any chance of a rebirth.

    Therefore, I also take from Livingston’s words, the underlying message that no matter who wins our next presidential election, even if it were Ron Paul (fantasy), it probably wouldn’t make much of a difference, because our political system is most likely beyond repair, unable to be reformed by one man. On this note, it is not wholly fair to make Obama the scapegoat of hatred for all of a nation’s woes: he’s just the current man in charge of a job too big for any one man.
    If my conclusions concerning the messages of today’s article are correct, then I’m in agreement, which is why I believe it is important to support social movements (OWS/TEA PARTY) and their freedom to take to the streets in confronting the government. Only when the Left/Right Elites fears for their power, will there be any possible chance for reform.

    I too would like to see a major non-violent upheaval sooner rather than latter, and hope that is the way things play out.
    However, at the end of the day, being one who believe the earth’s population is too large for sustainability (in bad times), I think the world recession is more an outlier of over population than it is political ineffectivenesss, and, if a collapse comes, conditions will devolve into dog-eat-dog living where having just enough supplies you can physically carry, will rule the day.
    Heres to being wrong.

    • http://boblivingstonpl.wordpress.com Bob Livingston

      Dear Mirage,

      You write: “Finally a form of acknowledgement from Bob Livingston that our political system is PROBABLY so broken, that a partial collapse or great reform must happen first, before a potential new America has any chance of a rebirth.” What do you mean by “finally?” I have been saying this for years.

      Best wishes,
      Bob

      • http://gravatar.com/dawgbisquit1 Tom W.

        Really?! You’re not accusing Bob of jumping on the band wagon now are ya Mirage?! LOL!!!

  • http://www.facebook.com/tartanmarine Robert A. Hall

    I believe we are going to “go through the fire.” But I’m not convinced we will come out the better for it. Once those destructive forces are unleashed, no telling the results. But they seem to me to be more likely awful. I will link to this from my Old Jarhead blog.

    Robert A. Hall
    Author: The Coming Collapse of the American Republic
    All royalties go to help wounded veterans
    For a free PDF of my book, write tartanmarine(at)gmail.com

    • http://gravatar.com/dawgbisquit1 Tom W.

      Refining makes precious metals pure. Ask a silversmith about refining silver and he’ll tell you it is a VERY delicate process. You have to be extremely careful because if you don’t heat the silver to the proper temp, you won’t remove the impurities. Overheat the silver and you risk burning it up. How do you know when the silver is at the right temp? You can see your reflection in it! That’s what God does with His children!!!
      I SALUTE you Robert A. Hall, keep up the GOOD work, and keep your eyes on the skies. JESUS IS COMIN’! He Loves y’all and so do I!!! EWW RAH!

      • http://gravatar.com/bychoosing Jay

        Tom, you remind me of a pooch i once had, headstrong, tenacious, never-say-die, and sometimes would even bite the one who loved and took care of him; God i miss that pooch…blessings Tom…!

      • http://gravatar.com/dawgbisquit1 Tom W.

        Like I said Jay It means everything comin’ from you Bro! Keep an eye on Syria!!! There’s an unfulfilled Old Testament prophecy about her!

        Isaiah 17
        King James Version (KJV)

        1 The burden of Damascus. Behold, Damascus is taken away from being a city, and it shall be a ruinous heap.
        2 The cities of Aroer are forsaken: they shall be for flocks, which shall lie down, and none shall make them afraid.
        3 The fortress also shall cease from Ephraim, and the kingdom from Damascus, and the remnant of Syria: they shall be as the glory of the children of Israel, saith the Lord of hosts.
        4 And in that day it shall come to pass, that the glory of Jacob shall be made thin, and the fatness of his flesh shall wax lean.
        5 And it shall be as when the harvestman gathereth the corn, and reapeth the ears with his arm; and it shall be as he that gathereth ears in the valley of Rephaim.
        6 Yet gleaning grapes shall be left in it, as the shaking of an olive tree, two or three berries in the top of the uppermost bough, four or five in the outmost fruitful branches thereof, saith the Lord God of Israel.
        7 At that day shall a man look to his Maker, and his eyes shall have respect to the Holy One of Israel.
        8 And he shall not look to the altars, the work of his hands, neither shall respect that which his fingers have made, either the groves, or the images.
        9 In that day shall his strong cities be as a forsaken bough, and an uppermost branch, which they left because of the children of Israel: and there shall be desolation.
        10 Because thou hast forgotten the God of thy salvation, and hast not been mindful of the rock of thy strength, therefore shalt thou plant pleasant plants, and shalt set it with strange slips:
        11 In the day shalt thou make thy plant to grow, and in the morning shalt thou make thy seed to flourish: but the harvest shall be a heap in the day of grief and of desperate sorrow.
        12 Woe to the multitude of many people, which make a noise like the noise of the seas; and to the rushing of nations, that make a rushing like the rushing of mighty waters!
        13 The nations shall rush like the rushing of many waters: but God shall rebuke them, and they shall flee far off, and shall be chased as the chaff of the mountains before the wind, and like a rolling thing before the whirlwind.
        14 And behold at eveningtide trouble; and before the morning he is not. This is the portion of them that spoil us, and the lot of them that rob us.

        Damascus is the world’s oldest populated city, this prophecy says that in one night, she’ll bbe oblitherated!!! Keep your eyes on the skies, JESUS IS COMIN’!

      • http://gravatar.com/bychoosing Jay

        Thank the Good Lord we still have Holly Writ, Tom, the only true Treasure we possess that never looses its value!!! And all the Holly Angels sang in unison…Hallelujah!

  • RichE

    Mr. Livingston,
    IMO your argument is thin. I believe the point of your article is: debt is an illusion because the government can print money to pay off the debt therefore the purpose of debt is to give the government an excuse/reason to raise taxes. If the first part were true then why would government need taxes to pay the debt? Just print money. If your premise is true, I’d say the purpose of taxes is to take from the poor and give to the rich. It seems to me every time the government raises or lowers taxes the poor pay more and the rich pay less.

    • http://boblivingstonpl.wordpress.com Bob Livingston

      Dear RichE,

      You write: “If the first part were true then why would government need taxes to pay the debt? Just print money.” As I have written before, government doesn’t need taxes to pay the debt. That is just the illusion they use. http://personalliberty.com/2012/02/06/the-wrong-conversation-about-taxes/

      You write: “If your premise is true, I’d say the purpose of taxes is to take from the poor and give to the rich.” Yes. And to compile a dossier on all Americans.

      You write: “It seems to me every time the government raises or lowers taxes the poor pay more and the rich pay less.” Not always.

      Best wishes,
      Bob

      • http://gravatar.com/dawgbisquit1 Tom W.

        Was not the tax rate for the wealthy in excess of 50% back in the 50′s Bob?! I’m not that old so I don’t remember, LOL!!!

  • John V

    Bob Livingston, you are the man! Thanks for all you do.

    • http://gravatar.com/dawgbisquit1 Tom W.

      RAH RAH! LOL!!!

  • SJJolly

    “… the economic collapse that will lead us back to Constitutional governance and a new gold standard.” Lotta luck with that! Economic collapse makes people despirate, and despirate people resort to guns and clubs, not Constitutional law. As for a gold standard, in an economic collapse we’ll see a barter economy, until someone managed to establish a new fiat currency, there being too little gold and silver around to back much currency. As for the thousands of tons of gold in Fort Knox and in the Fed Reserve vaults in New York City, that is sure to fall under the control of some gang or other.

    • http://gravatar.com/dawgbisquit1 Tom W.

      We’ll see a black market economy!!!

  • Mad Max

    That’s right and nothings going to change until the people stand up. The problem is, the people don’t have a clue.

    “Be Smart!” -
    FIGHT THE CAUSE – NOT THE SYMPTOM

    U.S. Citizens
    Read “Common Sense 3.1” at ( http://revolution2.osixs.org )

    Non U.S. Citizens
    Read “Common Sense 3.2” at ( http://SaveTheWorldNow.osixs.org )

    Do you know what real freedom is? (http://WeAreFree.osixs.org) – Of course not, because if you did you wouldn’t put up with this crap. We don’t have to live like this anymore.

  • http://gravatar.com/bychoosing Jay

    Americans are being forced with a gun to their head to give the fruits of their labor to the international banking cartel via the Internal Revenue Service. This is how slaves have been Made in America.

    What, you say? “My income taxes provide new roads, education, welfare, coddling illegal aliens and foreign welfare.” Wrong.

    None of your income tax dollars – which you “voluntarily” pay through force and coercion – funds the government.

    This money, as well as the “withholding” stolen from you all year long, goes to the privately owned “Federal” Reserve Banking System to pay back the money your member of Congress borrowed during the year for a trillion dollars worth of unconstitutional expenditures.

    Few Americans realize the high cost of that “bacon” to their district. Every penny of income tax dollars collected by the Internal Revenue Service goes to the stockholders of the privately owned “Federal” Reserve to run the central bank and reap their astronomical profits from the sweat off your back.

    Resistance to additional income taxes would be even more widespread if people were aware that: With two-thirds of everyone’s personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the federal government contributions to transfer payments.

    In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their government.

    This means that after transfer payments and usury on the congressionally created “national debt,” there is no money so Congress must continue to borrow to spend.

    The central bank is one big credit card for these crooks in Congress with an unlimited balance. That amount borrowed is part of the government’s deceptive, creating bookkeeping they call the “deficit.”

    The transfer payments referred to above means that all income tax money goes to the central bank to pay for government borrowing and unconstitutional plundering of the people’s treasury to the International Monetary Fund, the United Nations and endless wars.

    Prior to 1913, America had no central bank and no direct income tax. There are many good, decent Americans out there pushing for these dangerous alternative taxing schemes.

    In 2010, Congress by Rep. John Linder, R-Ga., tried to pass a tax-reform bill which would have replaced the income tax with a 23 percent national sales tax, thankfully, it was not enacted. But they will keep trying…

    While this sounds great to the desperate, it is just another very dangerous Band-Aid that will not cure the cancer. The cancer is the central bank, because without it, there is no need for any direct taxation against the American people.

    Please don’t fall into this trap of pushing for these alternative taxing schemes. The banking cartel doesn’t care how they get your money, just as long as they can continue to drain the wealth of America into their own pockets. Besides, that 23 percent will mean nothing in less than four years when the first wave of baby boomers hit.

    A path-breaking study by Jagadeesh Gokhale of the Federal Reserve Bank of Cleveland and Kent Smetters, a former deputy assistant secretary at the Treasury – commissioned by former Treasury Secretary Paul O’Neill – estimated a $44 trillion fiscal gap. It laid out a few painful options on how to meet the liabilities:

    More than double the payroll tax, immediately and forever, from 15.3 percent of wages to nearly 32 percent; Raise income taxes by two thirds (roughly 78 percent), immediately and forever; Cut Social Security and Medicare benefits by 45 percent, immediately and forever …

    You cannot buy or own stock in the privately owned Federal Reserve. That privilege is reserved for the money interests, i.e., the Rockefellers, Rothschilds and other global elites.

    The federal debt cannot be paid down, much less paid off.

    None of these alternative taxing schemes will make a dent in the expanding bubble that is going to burst because the banking cartel can’t continue to prop up the debt load much longer. The day of reckoning is coming. Get the facts …

    • http://gravatar.com/dawgbisquit1 Tom W.

      Lay it out for ‘em Jay Bro!!!

      • http://gravatar.com/dawgbisquit1 Tom W.

        Correct me if I’m wrong Jay, but prior to 1913 only corporations paid income tax on their PROFITS, you bartered your labor for wages, in other words it was an even trade, work for money.

      • http://gravatar.com/bychoosing Jay

        That’s correct Tom! Few Americans realize that this country DID NOT have a Federal income tax prior to 1913. Think about that for a minute.

        America went from being a “start up” (in 1776) to the most prosperous nation on the planet without an “income tax.” Let alone the intrusive, bloated and dare I say “unconstitutional” government that goes with it.

        Corporate taxes, taxes on alcohol, tobacco, firearms, tariffs on trade, military hardware sales, etc.; these would be more than enough to fund the “constitutionally limited” Federal Government established by our founding fathers.

        Or, to put it another way, if the income tax was abolished today, the Federal government would still have over a TRILLION dollars annually to fund its operations. Even after adjusting for inflation, this is still an obscene amount of money compared to what it used to operate on.

        Also, few realize that a all of the the income taxes collected do nothing to fund government programs. The money is simply burned away as interest payments on the debt that our “leaders” have accumulated for us. Naturally, this requires Congress to borrow additionally to run government services, thus increasing further the debt, and the interest on the debt.

        Whatever benefit (real or imagined) the borrowed money was supposed to have, the actual cost of all those programs increases drastically when you include the added expense of interest payments. How much is added?

        Currently, interest payments on our 10 TRILLION dollar debt are costing American taxpayers about 50 million dollars PER HOUR. That is every hour of every day, every week of every year. (Approximately $450 Billion a year)

        Now, you’d think our elected officials would be a little worried about this. You’d think they’d want to get rid of the national debt and “free up” all that money currently being wasted on interest payments. Instead, they continue to spend money like there is no tomorrow. More specifically, they are currently adding more than 60 million dollars PER HOUR to the debt we already have.

        Do the majority of Americans consider this acceptable? Very unlikely, but it doesn’t matter because we can no longer “turn off” the spigot. Those who engineered the system we’ve been living under, since 1913, were careful to make sure of that.

        You see, the “Income Tax” is just part of the equation. The other part (also created in 1913) is the Federal Reserve Banking System. This central bank was created to act as an exclusive lender to our ambitious friends in Washington DC.

        Now, instead of having to go to the American people for money, the government could just go to their friends at the Federal Reserve. And “The Fed” bankers would be happy to loan whatever was requested.

        To put the importance of this arrangement into perspective, consider the following:

        When you and I “give money” to the government, it COSTS us money. You and I have to actually earn wages before we can hand them over and, in handing them over, our financial power is depleted.

        When the bankers give money to the government, they EARN money. Unlike us, bankers can simply print whatever the government needs prior to handing it over and, in handing it over, their financial power (in the form of interest payments) is enhanced.

        So, the bigger the government gets and the more debt it acquires, the greater the burden on you and I becomes.

        On the other side of the equation, the bigger the government gets and the more debt it acquires, the greater the benefit to the bankers. Where government spending and debt costs us our wealth, government spending and debt makes them theirs. It goes without saying that this system is antithetical to the concept of “limited government.”

        The Creature from Jekyll Island (written by G. Edward Griffin) is perhaps the single best resource I’ve seen regarding this dangerous partnership. It not only covers how the take over of 1913 was engineered but it also covers the goals of the international bankers who made it all happen.

        Their final aim is nothing less than the destruction of American sovereignty and merger of all nations into a financially controlled “one world government.”

        To read this book is to learn more (in 20 hours or so) than a lifetime of “public schooling” or “mainstream news” would ever teach you. It is everything the criminal elite don’t want you to know about their anti-American agenda.

      • http://gravatar.com/dawgbisquit1 Tom W.

        LOL!! I got cha goin’ there didn’t I?! LOL!!! You da man Jay! ;)

      • Deerinwater

        Jay says; “That’s correct Tom! Few Americans realize that this country DID NOT have a Federal income tax prior to 1913. Think about that for a minute.

        America went from being a “start up” (in 1776) to the most prosperous nation on the planet without an “income tax.” Let alone the int” ( oops! cut it short, sorry)

        No we didn’t Jay~ the great prosperity didn’t occur until post WWII as America helped rebuild Europe and Japan and by then we had all kinds of taxes and regulations.

        American had the potential ~ this is true ~ but so does Mexico today. ~ Mexico is a very rich and beautiful nation, that it’s wealth and beauty is not shared does not make it less so. Only the elite enjoy a Mexican Republic for which it stands, one nation under God, with liberty and justice for those that can afford it.

      • http://gravatar.com/dawgbisquit1 Tom W.

        So let me see if I got this straight, The FED lends our government money that doesn’t exist and then turns around and want us to pay it back WITH interest?! And we got Bernie Madoff in jail?!! GET OUTTA HERE! I REALLY need to read G. Edward Griffin’s book! He’s Awesome!!! Have you seen his documentary on collectivism Jay?! PRETTY COOL! The “G” man’s on da case!!!

        http://www.youtube.com/watch?v=dON5D6Wkprw

        Good night Bob! X’s & O’s, LOL!!! ;)

      • http://gravatar.com/dawgbisquit1 Tom W.

        Brotherdeer, I’m tryin’ to go to bed here!!! it’s been a loong day quiblin’ with Bob! And here you go talkin SMACK! The great prosperity started a long time ago! Most of our founders were wealthy men But it really took off with the industrial revolution which began to really pick up steam 10 yrs. following the civil war! Where do you think the money to fight WWII came from?! Oh if only Franky D. would’ve been able to print money on a whim, he wouldn’t have had to confiscate everybody’s gold! LOL!!!

      • Deerinwater

        Well, Tom ~ there always a few wealthy men ~ the notion of wealth is “relativity” . If I’ve got 10 dollars and you have no dollars and see no way to get dollars, then I am rich~ to you.

        In the run up to WWII my family were poorer then church rats, the only thing a rat might find to eat would be the benches and paper. It’s true that some Americans had more while many didn’t. America was still largely a rural nation, where men worked for 50 cents a day and was proud to get the work. Eggs and butter money was the main source o9f currency and what brought money into a home. People didn’t start moving into the cities until the war took their sons and work on the farm became overwhelming. WWII emptied American towns and countryside of young able fighting men. Agg business became big business or no business.

        Your perspective of the times is one of a city dweller and not indicative of the heart of American life of the times. Evidently your understanding of the early 20th century America comes from only text books. Much like DaveH, and all his comprehension of economics and history ~ purely academic.

        Like Ayn Rand ~ might have actually been successful at something besides writing fiction novels while dimwitted economist praise her narcissistic mind as being some kind of a great “objectionist” You offer no background to draw from, no track record to boost about, ~ left to cry “If only!” ~ If only a pig had wings it might fly. While Pigs don’t have wings and we know from experience, they will never fly. ” If only” you’d cease living in some hypothetical world ~ maybe you could find yourself and your place in it.

        Good night

      • http://gravatar.com/dawgbisquit1 Tom W.

        As I have told you before Qu.. I mean Deer, you LIKE BOB are a legend in your own mind! But you , unlike Bob, have this super inflated opinion of your intellectual abilities that are PURELY delutional!!! Who among us didn’t learn about that point in time from books?!! You actually spout off (No doubt looking all like your hero O with your nose pointed sraight up in the air and your jaw locked!) as if you were ACTUALLY there! Go ahead Bob, I’m sorry I couldn’t control myself! Brotherdeer here is a BOOB!!! (I have better descriptions.) And by nthe way, GOOD MORNING!

      • Deerinwater

        I have only a rich and full life well lived to draw from Tom, with many documents, awards, photos, memories and scars to validate it. I have nothing that requires proving. Having have out lived all my enemies and many of my friends and family, I see little defense necessary for your constant feeble attacks.

        If my confidence upsets you, it’s for you to do something about and not I.

        I see little need to build a wall to hide my insecurities while you put a brick in such a wall with every posting.

  • Robert Rashbrooke

    Today at work I tried to introduce this subject – the Fed arrangement – to my American co workers (I am a Brit) and it was pointed out to me by them that I stress myself out discussing these ideas and that anyway, they are not interested in American history, American/world economics, politics in general, and my constant harping on about how uneducated the average American is on these subjects. I was told that I tend to shout at them and get aggressive when I broach the subject of politics, but to me, I am merely getting passionate because I feel it IS important and connot understand why THEY don’t see it as important.

    I pointed out that ALL Nationalities consist mainly in large part, a peasant population who do not KNOW what goes on in their own country, controlled by a small self aggrandising elitist club, Britain, Germany France, Iran et al. being no exception.

    Is it any wonder that the elites have gotten away with this behaviour for so long, what with the press and other media being more concerned with the posturing of our superstars, who is dancing with whom, and how badly/well Cobe played.

    I am very pessimistic concerning our future.

    • http://gravatar.com/dawgbisquit1 Tom W.

      I’ll bet I know what they wanted to talk about RR! Hell the world’s comin’ apart at the seams and they’re worried about who won “Dancing With The Stars” or “American Idol”! LOL!!! I can proudly boost that I have NEVER watched “Surviver” one time whatsoever! Bunch a homos!!!

  • http://tlgeer.wordpress.com tlgeer

    Bob, all the monetary systems work by transferring money from one thing to another. That is what a monetary systems is. This is nothing new.

    • http://gravatar.com/dawgbisquit1 Tom W.

      Ewww! HI tigeer!!! Do you have any Irish in ya there lassie?! ;)

      • http://gravatar.com/dawgbisquit1 Tom W.

        GOOD NIGHT ALL! X’s & O’s, JESUS LOVES Y’ALL and so do I!!!
        See ya!

    • Deerinwater

      You are correct, the dollar is the means in which wealth is shared by transfer of possession and control of it. And like you say, ~ nothing new.

      I got it, you want it? come and barter with me, attempt to compromise my position if you are able. I will do likewise. i’ll offer you what it’s worth to me, ~what is it worth to you?

      You know? ~ I could dam the river up stream or pee in it, run my cattle through it. How about your son marrying my daughter and let us end this bickering right now and be family for a greater good?

      Oh no! that is far too socialistic, I’m a independent sort, I don’t need nobody to tell me what to do! or what is best. My son is worth more then your daughter, he is strong, he can work, build and fight.

      Well? maybe so but for how long? How long can you control this son of yours old man? What about the babies, ~ in 20 years they can whip your and my ass-ets. That boy of your seems a half bubble off plumb to me so the next time we talk, think about throwing in some stock as my price is just going higher with time as Bell only gets prettier by the day. Bell far too good for the likes of your dimwit son anyway ~ you’ve heard my best offer Mr. Kinkaid.

      It’s never just about money trading hands but the future AND money.

    • http://boblivingstonpl.wordpress.com Bob Livingston

      Dear tlgeer,

      You write: “Bob, all the monetary systems work by transferring money from one thing to another. That is what a monetary systems is.” But under our current system the money is worthless strips of paper (or digits on a computer screen) and representative of nothing. Therefore it is unsustainable. With sound money, the money actually represents something. I present for your reading pleasure “The Case Against the Fed” by Murray N. Rothbard for a better understanding of money and the Fed.

      Best wishes,
      Bob

      • RichE

        Dear Bob,
        Instead of returning to the Gold Standard I purpose we convert to the ‘Good Intentions’ standard. Every time you do something good you get a credit. Pay people to be good. Make being nice profitable. Make spending fun. We can start with the one dollar bill by putting a smile on George and work up. Instead of stern gloomy faces on the currency there’d be happy faces. Why not do something fun with the money?

  • Pete0097

    If we owe 14 trillion to the Chinese and the Europeans owe us 16 trillion, why don’t we just give the European’s IOU to the Chinese and then the Europeans will owe us money ($2T) and we will be out of debt.

    • RichE

      Very good idea but China would wind up owning everything. By not paying China has to keep the U.S. afloat and the U.S. saves face.

  • http://NONE rmgdnnow

    I suggest that the goodies given to 46 M food-stamp folks, keeping the student loan rates low, and cell phones for the indigent are three more favors Obama has given to minorities to buy, yes buy, their votes, along with the Latinos, union people, Blacks, to make up for his losses in farmers, military families, the elderly and the middle class….and the white working class he has already abandoned.

  • Deerinwater

    Mr. Livingston, ~ Please tell us how much longer must we endure Tom’s insufferable, immaturity, personal attacks and mindless tomfoolery as it seems to have no end in spite how he is responded to or how often he is warned.

    Is your inspiring forums to be turned into a free-of-all for the lowest common denominator among us? If so, might we all enjoy such liberties and turn your Forum into the Jerry Springer Show?

    There is no question, who’s train we ride while it’s looking more like Tom’s by the day.

  • http://wildeyguns.com Wildey

    Back in the nineteen 10′s. Baron Von Rothschild made this statement on the floor of our congress…”I care not who makes the laws so long as I control the money”. At the time the British pound sterling was the worlds sovereign currency. After WW11 the dollar replaced it. As the controller of the sovereign currency, America literally controls the worlds money. I believe 70% of the world’s nations have dollars to back their own currency. As the dollar goes, so goes nations. In addition to this America has amassed enough fire power to dictate to the world. The trouble is, because greed, immoral manipulations on the part of those in power etc., the dollar is chapter 7 bankrupt. The dollars printed now have absolutely nothing as a commodity to back them up. They’re COUNTERFEITS. Sure we’re still using them as if they had value. What else can we do but live a lie? The Rothchild’s of this world “got cha”. We allowed it to happen.

    Countries savvy to what’s going on are starting to work around the dollar. If they succeed, America totally collapse. We read about countries going under because of inflation/counterfeiting. Most of them could be considered affluent compared to what the dollars worth today. How long can we live a lie? Look at the turmoil in the world and you tell me. If America would repent to God, maybe He’d help as he did during th revolution.

  • Pingback: theCL Report: Do Not Consent

  • Norm

    I’m with you on this one Bob.

  • http://www.facebook.com/benjamin.fox.754 Benjamin Fox

    The Federal Reserve has to go, it is neither Federal or a Reserve, along with the UN, the NEA, the EPA, the president who really isn’t the president since he is a illegal African. His wife who thinks our money is her money and thinks she looks good in a what ever she wears. Saw on TV last night the place where they stay in Hawaii? King obozo is at it again, and again and again, liar-in-chief is what he does best.

  • HKaufman

    Where are you getting this GARBAGE.. There exists a future in writing fiction. Take over where Ray Bradbury left off. Fantasy Island does not exist, neither does Captain Kirk,Sulu,Spock,or klingons,Romulans,Zorn who were really lizards, how this for nonsense since so much nonsense is written.. Next i expect to read OBAMA is a vampire. Who kis your Jedi?? Save us OBI WAN. USE THE FORCE, when 900 years old you are, as good you will look not!!!!!!

    • HKaufman

      I posted that to show that anyone can write FICTION… Now most of these comments fall under the Definition of LIES: doubt if most know the definition of lies. Well for your 411 here is the DEFINTION: 90% of commenters posting not to mention some of the Article written authors do not know the exact definition,SAD, and under the assumption of being a journalist!~!!! “REALLY”?????: lie:noun:
      a statement known by its maker to be untrue and made in order to deceive

      Synonyms fable, fabrication, fairy tale, falsehood, falsity, fib, mendacity, prevarication, story, tale, taradiddle (or tarradiddle), untruth, whopper

      Related Words distortion, exaggeration, half-truth; ambiguity, equivocation, obliquity; defamation, libel, slander; perjury; bluff, fiction, pose, pretense (or pretence); humbug, jive, nonsense; canard, fallacy, misconception, myth; falsification, misinformation, misreport, misrepresentation, misstatement; deceit, deceitfulness, dishonesty, duplicity, fraudulence.

      In the words of SPOCK: “LIVE LONG AND PROSPER”

  • Robert Rashbrooke

    As a Brit moving to this country (through marriage to an American citizen) I had NO IDEA of the ramifications of the two American Nations (Federal and Continental) nor that the Federal Reserve was NOT a government agaency, nor the LEGAL illegitimacy of US Law.

    I read these posts avidly now but am always surprised at the ferocity of the rancor shown by “Constituionalists” towards “Liberals” – there appears (to me) to be no debate, only insults.

    Some of you long for the ‘good old days’ of American superiority, but forget that this was most often achieved at the expense of meddling in and coercion on, smaller foreign nations, in order to gain some control over THEIR natural resources or peoples or government to the advantage of the US. To carry out these machinations, your government consistently LIED to you the people, on whose behalf they were supposedly working. (See Pearl Harbour, Gulf of Tomkin, Grenada, Panama etc).

    When someone points out details (I was going to say ‘facts’ but unless thay can irrefutedly be labelled as such, details are what they must be) which readers do not agree with (at that time), instead of reading, filing away and then ignoring, a vituperative reply results. It always hurts to be proven wrong, and I have to say that with my limited knowledge I have been proven wrong so many times, it is embarrasing.

    Galt is roundly and repeatedly castigated because he points out “facts” that some of you do not like, but nonetheless they ARE there for all to read, assimilate and act on according to one’s experiences. I have lived in 8 different countries for years at a time, spent 14 years in the military, have worked in unionised companies and non unionised ones, think ORGANISED religions are amongst the worst institutions we have, creating enormous bigotry and hatred and distrust, and have discovered that people are much the same the world over. They ALL want to be left alone to live in peace with their family in their little house with a fence round it.

    Personally I would prefer that the government – since they will NOT stop taking taxes off us for ever – would spend that money on our welfare, health and security, rather than on illogical schemes to increase their power and control, but no amount of voting in a rigged system like we have will achieve that and I am afraid that I do not have a viable alternative system. I realise that I am going to offend many of you with this post, and a likely response will be, go back to your own country. But I am entitled to my opinion, even though as a tax payer and landowner I am not allowed, by some amended man-made law, to vote.

    We Brits went through this some 60 years ago, transiting from a major world power to just another single country, and now it is your turn, and you will go through the same pains and tribulations we did. There is nothing like personal experience, one can say anything when it is hypothetical. Perhaps we Brits are more sceptical than Americans, but we seldom believe anything our goverment tells us and assume that nthey are in it for what they can personally get out of it.

    I wish us well in November, and no matter who or which party wins, they will BE the winner and we will have to accept it for what it is and produces.

    • Deerinwater

      It’s became a “sickness” Robert, ~ and I’m not certain what can be done about it. For now, we tolerable and endure it , offering resistance when we can, attempt to appeal to reason.

      Sickness has a way of resolving itself without interference over time. The healthy simple outlive and out produce the sick while they drain our energy in the process.

      It’s like having a family member struck by illness, ~ you are left to feel bad about it, carry the load and do what you can to overcome the effects. They will turn against the hand that provides and feeds, make claims that the care giver is sick and stricken, out to harm them. They will see their own sickness in everyone.

      Their numbers are small, while they have some organization and appear greater then they are. They are being used “and even funded” by the affluent to prevent the average American from rising up and addressing issues the affluent would want left gone unnoticed and unresolved.

      The purpose for the propaganda, mislabeling and misinformation is to Distract & Divided, so we might fight among ourselves ignoring the true enemy and matters of great concern.

      Galt and a few others of us do what we can to expose this illness and you see how any descending message is received Robert.

      ~ These are much the same people that enjoy and baste in organized religious programming, having a strong predisposition to accept early programming, good or bad and carry it to their graves in spite it’s failing and warning signs. They make up their own facts, their own history to validate their actions and behavior. They see themselves as the righteous ones much like the early Templer’s, busying themselves with Gods work. their commission coming from a higher power.

      Like I say, ~ it’s an illness that is being feed by many forces to serve only a few and unclear to me where it will go or when it will end.

      Debating the merit does not seem to work very well, ~ but then, there no telling where we would be today without this illness being offered constant resistance.

      It was the religious right that opposed any and all opposition to George Bush’s two unfunded wars to no-where. ~ I was fighting this same battle back then that Galt, Karlyon and myself fight today.

      They have not change “anything” but their label, banner and opening rhetoric having worn out the effectiveness of the last and to avoid the embarrassment and failures of W’s administration that they supported. ~ They don’t won’t to talk about it?

      They have no interest in listening to reason, unless you carry their banner and wear their mark and speak from their script.

  • Ken Danagger

    Yes, the banksters and the guberment know a double dip is coming. They also know it will be worse than in 2008. If they can hold off the collapse until the end of August, they can ignore any threat that Ron Paul might otherwise pose.
    Afterwards, they don’t care. In fact, they have a “solution” for you after the collapse happens. Everyone will be screaming about how they’ve had their 401K’s decimated once again.
    Never fear, the guberment is here to help. Sometime early next year (after the inauguration of Obamney), they will seize all of the remaining funds in your 401K account (to protect you and keep you “safe” of course) and transfer it into “safe an secure” guberment bonds. Poof – gone. Everything you worked for your entire life – confiscated by the banksters and their crony politicians.
    Get your money out of your 401K now if you can. Convert it in gold/silver or ANY other commodity that you can hide away from the guberment looters. They are coming for it – be sure of it.

  • Bad Bob

    These same families that own the Federal Reserve are guilty of crimes against all humanity dating back to the French Revolution. Since most of this nations $15,000,000,000,000 debt is on money pulled by the FRB out of thin air and all it’s owners put their pants on one leg at a time round them up, jail them, take their ill gotten gain, pay off the debt, take what’s left and end world hunger. Then end income tax. CAN YOU EMAGIN TAKING HOME 100% OF OUR EARNINGS.

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  • robert

    Congress members should be thrown into jail for breaking their oath to uphold the Constitution. Both parties are a joke. We’ve been sold out from a Judge Bush appointed to the courts. A “tax”, give me a break. I used to have faith in the Republican party but now I see how they too lie and contribute to the decay of our society.

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