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  #11  
Old 02-14-2008, 12:00 PM
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Default Re: The economic hijacking of America


Quote:
Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye.

Let me explain: The administration accomplished this feat through an obscure federal agency called the Office of the Comptroller of the Currency (OCC). The OCC has been in existence since the Civil War. Its mission is to ensure the fiscal soundness of national banks. For 140 years, the OCC examined the books of national banks to make sure they were balanced, an important but uncontroversial function. But a few years ago, for the first time in its history, the OCC was used as a tool against consumers.
Source: washingtonpost.com - nation, world, technology and Washington area news and headlines

People are waking up to the recent abuses in the OCC, and John Dugan.


Last edited by stompk : 02-15-2008 at 05:49 AM.
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  #12  
Old 02-16-2008, 06:29 AM
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Default Re: The economic hijacking of America

The following article was written in April 2007, and predicts exactly the situation we are currently in.

Quote:
The trade deficit puts downward pressure on the dollar and acts as a hidden tax. In fact, thatís what it is--a tax! Every day the deficit grows, more money is stolen from the retirements and life savings of working class Americans. Itís an inflation bombshell obscured by the bland rhetoric of ďfree marketsĒ and deregulation.

Consider this: In 2002 the euro was $.87 on the dollar. Last Friday (4-6-07) it closed at $1.34-- a better than 50% gain for the euro in just 4 years. The same is true of gold. In April 2000, gold was selling for $279 per ounce. Last Friday, at the close of the market it skyrocketed to $679.50---more than double the price.

Gold isnít going up; itís simply a meter on the waning value of the dollar. The reality is that the dollar is tanking big-time, and the main culprit is the widening trade deficit.

The demolition of the dollar isnít accidental. Itís part of a plan to shift wealth from one class to another and concentrate political power in the hands of a permanent ruling elite. Thereís nothing particularly new about this and Bush and Greenspan have done nothing to conceal what they are doing. The massive expansion of the Federal government, the unfunded tax cuts, the low interest rates and the steep increases in the money supply have all been carried out in full-view of the American people. Nothing has been hidden. Neither the administration nor the Fed seem to care whether or not we know that weíre getting screwed --itís just our tough luck. What they care about is the $3 trillion in wealth that has been transferred from wage slaves and pensioners to brandy-drooling plutocrats like Greenspan and his níer-do-well friend, Bush.

These policies have had a devastating effect on the dollar which has been slumping since Bush took office in 2000. Now that foreign purchases of US debt are dropping off, the greenback could plunge to even greater depths. Thereís really no way of knowing how far the dollar will fall.

That puts us at a crossroads. We are so utterly dependent on the ďcharity of strangersĒ (foreign investment) that a 9% blip in the Chinese stock market (or even a .25 basis point up-tick in the yen) sends Wall Street into a downward spiral. As the housing market continues to unwind, the stock market (which is loaded with collateralized mortgage debt) will naturally edge lower and foreign investment in US Treasuries and securities will dry up. Thatíll be doomsday for the greenback as central banks across the planet will try to unload their stockpiles of dollars for gold or foreign currencies.
Source: Doomsday for the Greenback
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  #13  
Old 02-23-2008, 05:52 AM
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Default Re: The economic hijacking of America

Yesterday, in the stock market, will be viewed as historic.

External News Link: GLOBAL MARKETS-U.S. stocks rise on credit bailout news | Markets | Bonds News | Reuters
Quote:
U.S. Treasury debt prices eased after stocks slashed losses on the Ambac news, causing investors to dump safe-haven U.S. government debt.

"Talk of an Ambac bailout to be announced over the weekend has given stocks a late boost to the detriment of bonds," said Andrew Brenner, senior vice president at MF Global in New York, in an email message.
The reason the market jumped so much is because the volume of stocks being traded is low. IMO, it's public day traders running the stock market right now. The long term investors have stopped trading or are putting money into commodities, ie gold, and oil.

The catch is, no matter how we look at it, we are trapped into economic meltdown.

Things are going to get rough. When the power shuts off in entire regions, because power
companies are controlled through foreign interests, things will get rough.
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  #14  
Old 02-23-2008, 10:09 AM
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Default Re: The economic hijacking of America

Just how exactly is a foreign entity going to tell an american to shut down an american power plant?

You are looking under the wrong stone there stumpy!
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  #15  
Old 02-25-2008, 04:16 AM
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stompk stompk is offline
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Default Re: The economic hijacking of America

Ever hear the term "commonwealth"?

The crown controls everything that
can be bought.

Jeez Delta, you need to do some research.
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  #16  
Old 05-21-2008, 09:52 AM
rahman700 rahman700 is offline
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Default Re: The economic hijacking of America

a genuine question: to what end the economic hijacking of america?
to cause a collapse from which a new order led by the NWO or anyone else? or to just to bring an end to the consumerist-materialist-capitalist consensus and return to a spiritual society, as suggested in the history of the cathars film?
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  #17  
Old 05-21-2008, 03:46 PM
KennyWally KennyWally is offline
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Default Re: The economic hijacking of America

stompk,


you are not going to get good clues from a controlled media.....unless you know what to look for.

it just ain't gonna happen.

the mark of the beast is not a thing, it is more about what you think and how you act.

the beast will control us with money and laws, but the woman who rides the beast is not the queen.

the " woman", is the church, usually referred to as the mother church.

the beast is the political system that is being used to change laws and control people.

the "mark" of the beast will be the sunday laws enacted to "save" us, a kind of "act of repentance" to God, but sunday is not the sabbath, so the "act" is just that, an "act" to fool people into following mans law.

this law will be enacted after a terrible disaster that will affect most of the planet.
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  #18  
Old 07-06-2008, 12:56 PM
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Default Re: The economic hijacking of America

The NWO would put the world in economic collapse and then have someone rise up as a hope to the world, the civilians would give up all their rights just to have peace and stabilty again. I can see through them.

VIVA LA REVOLUTION
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  #19  
Old 10-22-2008, 06:54 AM
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Default Re: The economic hijacking of America

Quote:
Originally Posted by mangaman View Post
The NWO would put the world in economic collapse and then have someone rise up as a hope to the world, the civilians would give up all their rights just to have peace and stabilty again. I can see through them.

VIVA LA REVOLUTION
VIVA LA REVOLUTION!
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  #20  
Old 11-15-2009, 11:11 AM
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Default Re: The economic hijacking of America

I wrote this thread in Jan, 2008, before the current economic situation.

How did I know?
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