Why is Gold Important to the World’s Economy?

 

Copyright © 2011 by W. R. McAfee.  All Rights Reserved

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“No,  they’ve been outed; just like Internet outed the global warmers who were set to run a global CO2 tax scam to siphon wealth for The Chosen again.  The crooks in Washington, unable to get congress to pass such a scheme, are currently trying to force it upon the American public with unconstitutional EPA “regulations” and “laws.”

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Hugo Salinas Price Counts the Ways in His Classic Article

Hugo Salinas Price’s article that compares the gold standard and the creation and preservation of jobs and local production versus a fiat world reserve currency system dominated by one country that uprooted jobs, destroyed local production, and caused devastating trade imbalances is a must read for anyone who wants to understand how the world got to where it is economically.

His article is an accurate picture of how a small group of international bankers control the majority of the world’s wealth from The City —a square mile financial center in the middle of London where money and global economies are manipulated for profit and control—and the Bank of International Settlements (BIS) in Basil, Switzerland, which funds The City’s central banks that print and control national currencies in strategic countries throughout the world, including the U.S.. 

Both The City and the BIS are sovereign “countries” with their own “laws” and police forces—answerable to no one and no nation. 

Both are controlled and owned by the same bankers.

The City’s bankers have the knowledge, financial expertise, experience, and trillions to orchestrate—as they have been doing for decades—the big monetary picture that unfolds in Price’s article.

Voodoo Economics: The return of Republican fascism

Marti Oakley (c)copyright 2010 All Rights Reserved 

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I remember back during the Reagan Administration when “trickle down” economics was first introduced.  The idea was marketed as “ we give huge tax cuts to the wealthy and they will in turn re-invest in America and create jobs”; this was a win/win for the country.  After all, if you tax the people creating jobs, supposedly they won’t be able to create jobs.

This plan, was marketed to the public as an economic theory and plan that just couldn’t lose.  If America’s workforce would just bear the brunt of heavy taxation with no special loopholes, hedges, deductions or other tax escape mechanisms provided to the wealthy,  the wealthy would create vast and wonderful high paying jobs.  The benefits of relieving the wealthy and corporations from paying taxes on 100% of their income or profits would magically “trickle down” to the working class.   

It worked!  They did create jobs; in India, Pakistan, China, Taiwan, Mexico and any other nation where returns on investments could be predicated upon slave labor wages and government protection. Oh…and they then got to ship their crappy products back into the US tax free and we got Austin (a.k.a. Abdul) answering the phones for many major corporations.  

The wealthy invested alright; in everything and every place but America.  The economic bleeding from the US to foreign markets accelerated to such a rate that businesses literally disappeared overnight and took with them the jobs needed to keep America working.  Off shore accounts were set up to provide fictional business addresses for the stashing of funds, assets and anything else of value in order to avoid US taxes.  

The only thing that trickled down to the working and middle class was diminishing wages, a lower standard of living and increased costs of living.  Oh, yeah….and taxes went up too….but not on the wealthy.  The Reagan years marked a major event in the redistribution of wealth as the middle and working classes were relieved of ever increasing amounts of annual income and the country’s wealth was redistributed to those in the upper 3% and to corporations.

State of the Union: The Bush Treason

Frosty Wooldridge

February 5, 2008

Last week, President Bush gave Congress his last State of the Union speech. Proving that the presidency erodes a man–he looked worn, haggard, colorless and beaten. His words rang vacant, hollow and scratched like fingernails across the chalkboard of Americans’ sense of honesty.

In truth, he looked every bit the part of a new book: “The Bush Tragedy” by Jacob Weisberg. Newsweek reported, “As Bush’s presidency nears its end, prospects for the Republicans look bleak…GOP candidates running in the wake of his wreckage can learn much from his failures…he squandered the peoples’ trust.”

On January 20, 2001, he raised his right hand and placed his left hand on the Holy Bible, “I do solemnly swear that I will faithfully execute the Office of the President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States.” (Article 2, section 1) He repeated the same ceremony for a second time.

Concerning the basics of our U.S. Constitution: he lied to us, he violated his oath of office and created a boondoggle of a legacy as he mounted $3 trillion onto our national debt. He oversaw the loss of millions of jobs, accelerating trade deficits and foisted a complete fraud on us as to national security from terrorism with his failure to secure our borders.

What about how he affected American families? What did he do to us on a personal level? What didn’t he do to preserve, protect and enhance our lives?

I’ll tell you how! Last week, in Denver, Colorado, 21 year old U.S. Army soldier Duncan Crookston died after five months of misery. He suffered both legs blown off, his right arm amputated and his left hand cut from his body. He suffered horrific burns. His young wife sat by his bedside for five months only to see Crookston’s life slip away.

That same sickening scenario repeated itself 3,900 times in the past six years since George Bush declared an unlawful war against a sovereign nation–after he strutted across an aircraft carrier with a banner that read, “Mission Accomplished!” It means 3,900 family members trusted Bush to carry out his oath of office, but instead, he deceived them and us–into a vain war. He maintains his corrupt war with no plan for withdrawal—only more death and chaos.

One mother said, “Why is Bush preparing for his daughter’s wedding while I plan for my son’s funeral?”

While he prolongs his personal war in Iraq, he protects the Korean border with 35,000 U.S. troops while allowing millions of illegal aliens and uncounted terrorists full access across our southern borders for the past seven years. Any president with a brain larger than a prairie dog’s would have sealed our southern borders on 9/12/01 as the oath of office demands.

While he kills or maims our kids in Iraq, thousands of our citizens suffered death from illegal aliens who drive drunk, murder, rape, rob and distribute drugs. All of those nightmares would have been prevented if he had followed through on his oath of office by securing our borders. (Article IV, Section 4)

The other results of his Iraq War? He poured $600 billion and up to $1 trillion down a rat hole in Iraq and Afghanistan that hasn’t improved those countries one iota—and hasn’t caught Bin Laden or made this country safer. He killed hundreds of thousands of civilians. He inflamed the rest of the world against us. Over 75 percent of the troops from other countries pulled out. He’s maimed and amputated 29,000 of our finest kids who trusted his felonious judgment. Every year U.S. Army military suicides rise with 2007 topping at 121 kids. Dr. William Polk, author of “Violent Politics” told Congress last week, “More than 500,000 of our troops will need a lifetime of mental health care following their multiple deployments in Iraq.”

Bush spent 30 minutes insisting on how much progress we’re making in Iraq. Any drunken fool at a bar would lament, “What a crock of horse manure!”

Instead of taking care of the economic business of our nation, he watched annual trade deficits grow to $700 billion. He forced our country to borrow $2 billion daily to float our vacuous economy. Bush watched 10 million more illegal aliens cross our borders while he said, “They come to do the jobs that Americans won’t do.” Migrants do those jobs at slave wages, but they enjoy anchor babies at our expense, free breakfasts and lunches in our schools on our tax dollar and 400,000 convicted felon illegals enjoy free room and board in our prisons. Meanwhile our middle class sank into a new ‘poor class’ here in America.

The facts show that those migrants, now 20 million strong, degraded our culture through lack of assimilation, and now, because of Bush’s non-enforcement policies, we must tolerate, “Press 1 for Spanish or 2 for English.” We must tolerate millions of illegals marching in our streets demanding rights they do not possess in our country, which they unlawfully entered.

In Michigan last week, Governor Jennifer Granholm begged companies and corporations to move to Michigan where she promised no taxes. Her pleas resulted from Bush ignoring 3.1 million manufacturing and IT jobs leaving our country through insourcing, offshoring and outsourcing for the past seven years.

Fallout while Bush languished in the presidency: 1. Greatest foreclosure fraud on housing in American history. 2. No national energy conservation policy. 3. No movement toward solving climate change. 4. No immigration policy that leads to a stable U.S. population. 5. Nothing advanced to employ 14 million unemployed Americans. 6. Horrific $9 trillion debt. 7. $3.50 a gallon gas. 8. Social Security, Medicaid and Medicare bankrupting. 8. War on Drugs a total and complete failure and waste of $560,000 billion during his watch. 9. Worked to dissolve America’s borders by signing the Security, Prosperity Partnership that will destroy our sovereignty and force us into the North American Union with Canada and Mexico. 10. Patriot Act took away individual liberty.

George Bush’s legacy stems from his lack of integrity. Our predicament stems from his violation of his oath of office. This country may not survive the aforementioned items not mentioned in his State of the Union address. He proves himself the most inept, incompetent and disastrous president since the inception of this Republic.

Are we appalled enough? Are we incited enough to step up to the plate in the coming months by insisting on a president who values and upholds the sacred Constitution of the United States of America?