Entering the Brave New World of 1984 Double Speak

WE MIGHT BE IN A RECESSION? WE MIGHT be looking at a Collapse in the Dollar?.

These and other propaganda damage control statement by the financial "guru's " as one of my customers likes to call them, just go to show how stupid or controlled these mindless drones for the system actually are. The BROKERS ( not RICHERS) have cost their client trillions of units in purchasing power over the last year or so and have plunged the economy into turmoil with their notion that the only thing that is money is that which the Government or the FED prints on paper. Rather than get their investors out of anything associated with Federal Reserve notes, and rather then Loan real money instead of Paper Tigers, they have CREATED the sub-prime loan implosion in order to expropriate the real valuables of the American people and the people of the rest of the world into the hands of the central banks.

Is it any wonder that the FED said they would be able to loan against mortgages now?

Listen to this quote from Bloomberg.com : "``Sentiment for the dollar continues to deteriorate very, very rapidly and if we're not careful this will turn into a dollar crash,'' said Mitul Kotecha, head of foreign-exchange research in London at Calyon"

Well folks the dollar crashed at the end of 1970 when all silver was removed from the rest of the coins, and as far as the rest of the word was concerned it started burning when all GOLD redemption was removed August 15, 1971. And if it were not for the connection to OIL and OPEC as a "petro Dollar" and the fact that through the Brenton Woods agreement the rest of the world held our paper as a reserve asset the funeral would already be over. 100 Dollars in 1970 is equal to aprox. 17.70 cents as of January 2008. And that is using the Governments happy happy figures. Think about that folks, that is 37 years give or take a few months and a -464.97 percent decline in purchaseing power. OK what about "inflation" from 1970 back an additional 37 years? 1970 back to 1932 the dollar lost 143.90 percent. 1931-1884 the Dollar lost 123.66%; from 1883-1846 the dollar lost 49.79 percent ( this included Lincoln's greenback hyperinflation)

From 1845-1808 the dollar lost 23.21%.

OK in 37 year increments.

23.21% Silver and Gold... War of 1812 Mexican War.

49.79%Silver and Gold...Civil War, greenbacks,

123.66% Spanish American War, WW1 Establishment of Fed Reserve System

149.90% Fractional reserve banking, IRS, Gold Stolen by FDR.

464.97% Gold Certificates denied, 1971, Silver Certificates nonredeemable. Dollar allowed to float.

Definition: Petro-Dollar: AMERICA is the largest consumer of OIL in the world and we buy that oil with FRN's. The FRN's referred to as Dollars, are sent to Saudi Arabia or some other third world sand pit, once over there, they then deposit those Dollars back into AMERICAN BANKS on accounts owned by their respective countries or companies. OUR dollar has value when OPEC agrees to accept them for oil and then redeposits them or uses them to buy stuff. If OPEC decides that they no longer wish to sell their oil for our dollars, our dollars stop having petro-Dollar Value. Other countries also use our dollars to buy oil making our FRN's valuable to them, however if OPEC or some other country that we get oil from one day refuses our FRN's in exchange for OIL, the dollar crash will be over and the funeral will commence.

Regardless of the country, if the monetary unit that it uses, has no intrinsic value or species backing ( Gold Silver etc.) once the unit will not be accepted for value in regard to OIL or some other necessity from outside of it's country's borders, that unit will die or hyper inflate as the government of that country turns the printing presses on. In my opinion it seems the reason that this fiat money system seems always to degrade through hyper-inflation to tyranny, is that since nothing is backing the unit, the Government must FORCE the use of it through ever higher taxation and Laws requiring those taxes to be paid with the defunct monetary unit. As this is happening through the hyper-inflationary time, the people are getting more poor and dependent on the Government for staples like food, housing and medical care, the Government prints more to cover it, and raises taxes higher to fund itself on the local level as well as the federal level. The printing continues, the Government controlled banks begin to take possession. Foreclosure and Confiscation become the norm. People begin to go hungry unless they are willing to accept Government handouts, and those hand outs come with a price, CONTROL. Joblessness increases as inflation increases. SAVE US will go out as the call of those who have been brainwashed into "one Man One Vote".

I Wonder......

Are those at the top are creating the chaos in order to offer the "Ultimate Solution"?

After all if all paper money turns worthless, and inflation soars out of control and food becomes to costly we can just simply seize all the assets into the arms of the super state and redistribute the wealth among the masses. To prevent fraud we can make sure the all persons are numbered and credits are assigned to each number. To prevent the theft of a credit card or the theft of a number ( Identity theft) We can simply, for every ones good and for total safety and fairness, have all the numbers placed into little chips and embedded or marked on the hands or for-heads of each and every citizen of the brave new world.

Legal Definitions:

Petrodollars :
The money that oil exporters receive from selling oil and then deposit into Western banks.
Notes:Petrodollars refers to the money that Middle Eastern countries and members of OPEC receive as revenue from Western nations and then put back into those same nations' banks. For example if Libya were to receive money from the U.S. for oil and then put the money into a U.S. bank, that deposited money is referred to as petrodollars.Petrodollars are also known as petrocurrency.
Powered by Investopedia.com. Copyright © 1999-2005 - All rights reserved.

petrodollars :
The funds that are controlled by oil-exporting countries and have been used to pay for oil imports. Petrodollars are a huge pool of funds available for investment and the purchase of goods and services. Although stated in terms of dollars, the term generally refers to all currencies.
(Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.)