It's the Economy, Stupid



Debt elimination is worth a careful study of the facts and finding an expert coach Debt is one of the biggest worries for most families and small businesses Qualified professionals may have solutions to help set you free from debts forever through debt elimination. Not debt consolidation, not debt management--debt elimination! It's real and thousands of people just like you have taken back their life through debt elimination. The process is legal and ethical, does not draw on US Treasury but on the bond illegally and immorally established to use the wealth of each American born and consigned as collateral on the national debt. Now you can assume control of your own corporation as is your legal birthright.

Media

The Money Masters - How the International Bankers Gained Control of America

Media

March 20, 2006
US War spending to rise 44% to $9.8 Bln a month, report says

March 20, 2006
Gold Rises in Asia on Concern Over Iraq War, Iran's Plans

March 20, 2006
Death, Taxes and Certainty: There's no light at tunnel's end when you finance your own termination

Dr. Vladimir Volkov questions the certainty of death and our tax experts can handle the tax question. Otherwise, the reflection in the mirror witnessed the death of the nation and did nothing to stop the madness. Time marches on, too bad America won't be around to walk into the future. Unless you and most everybody else wises up, your dead and so is America. All that's left is the worms. Your apathy and theirs will spoil a budding career or a comfy retirement.

March 15, 2006
Economic Suicide: What country in their right mind would buy US T-bills?

March 15, 2006
US deficit data fuel anxieties on dollar

March 15, 2006
Iran Oil Bourse and Petrodollar Wars

March 5, 2006
Buffett loses faith in US, investing in companies that do business elsewhere

March 4, 2006
Bush budget will raise deficit by $1.2 trillion

March 1, 2006
Congressman Ron Paul says US DOLLAR HEADING FOR COLLAPSE

Feb 27, 2006
Good Morning, America: The end of the Western World we have known since 1945

This is a signal document declaring the New World Order following the destruction of the US economy and US power.

Feb 27, 2006
Number of Unsold Homes Hits Record High

Feb 25, 2006
Orders to U.S. factories for manufactured goods fall by largest amount in 5.5 years

Feb 25, 2006
Setting sail away from America: The world finds it's too hard to do business with the US

Feb 24, 2006
Cancelled home orders: Latest bubble prick?

Feb 23, 2006
Norwegian Bourse Director wants oil priced in euros

Feb 20, 2006
Sounding the alarm on U.S. trade deficit

Feb 18, 2006
The End of Dollar Hegemony

Apparently the only thing standing in the way of the war with Iran is the fact that it would be at least as destructive to the American and world economy as about anything else we could do. Which brings up the question, as the War Party drives this country into the ground, are they trying to save the dollar or destroy it?

Need more reasons to support the Liberty Dollar?

Feb 18, 2006
U.S. government has moved to within $25 million of its $8.184 trillion debt ceiling, but expects to stay below the limit for up to another month through stop-gap cash flow measures

Feb 17, 2006
War threats follow Countries dumping US dollar - Syria, Iran, Iraq, Venezuela

Feb 13, 2006
Nuking the American economy: Offshore outsourcing and offshore production have left the US awash with unemployment even among the highly educated

Feb 12, 2006
Iran's Oil Exchange Threatens The Greenback

The Bush administration will never allow the Iranian government to open an oil exchange (bourse) that trades petroleum in euros. If that were to happen, hundreds of billions of dollars would come flooding back to the United States crushing the greenback and destroying the economy. This is why Bush and Co. is planning to lead the nation to war against Iran. It is straightforward defense of the current global system and the continuing dominance of the reserve currency, the dollar.

Feb 12, 2006
The art of deception: Is it war for oil or war to save the dollar?

"The strong-hold of the American Government is falling to pieces. She has lost her prestige among the nations of the earth. One of the greatest powers of America was her dollar. The loss of such power will bring any nation to weakness, for this is the media of exchange between nations. The English pound and the American dollar have been the power and beckoning light of these two great powers... But when the world went off the gold and silver standard, the financial doom of England and America was sealed."

Feb 9, 2006
'Generation Debt' is going deep into the red

Feb 9, 2006
Jobless claims in U.S. edge higher

Jan 29, 2006
North Korean Counterfeiting Complicates Nuclear Crisis

Mainstream media is laying the groundwork for blaming the upcoming hyper-inflation on North Korea instead of the natural outcome of fiat paper currency.

Beating Around the Bush By the Bourse

Only bimbos believed Bush when he said it was WMD's that made him attack, invade, occupy and massacre Iraq. Most of us thought it was to steal Iraq's oil, but we were only partly right. What totally terrorized the tyrannical Texan tycoon was when Saddam played the oil bourse card in November, 2000. When Saddam started selling Iraqi oil in euro's, he jeopardized greenback hegemony as the world's supreme foreign exchange transaction currency. If this brilliant idea catches on, it will trigger the total collapse of the USA economy. The oil grab is a sideshow. The main feature is the oil bourse.

Jan 22, 2006
I, Greenspan

Since I joined the Fed, outstanding home-mortgage debt has jumped from $1.8 trillion to $8.2 trillion. Total consumer debt went from $2.7 trillion to $11 trillion. Household debt has quadrupled. And government debt, too, exploded. The feds owed less than $2 trillion in the second Reagan administration, a figure that had been almost constant for the previous 40 years. But under my direction, the red ink has overflowed like the Nile in flood - to over $7 trillion.

During the two terms of George W. Bush alone, the feds have borrowed more money from foreign governments and banks than all other American administrations put together, from 1776 to 2000. And more debt will be added in the eight Bush years than in the previous two hundred. The trade deficit, too, more than tripled since I've been at the Fed, from 150.7 to 756.8 billion, and will reach $830 billion in 2006. When I came to power, the United States was still a creditor. Now, it is a debtor, with more than $11 trillion worth of U.S. assets in foreign hands, a more than 500% increase since 1987.

Who can argue with such a record? Who can compete with it? Who would want to?

Jan 16, 2006
The spiking gold market is a sure sign that the dollar is headed for the dumpster.

Large institutional investors are hastily moving boatloads of cash into precious metals that promise to retain their value while the hemorrhaging dollar goes the way of Icarus.

Jan 16, 2006
AP: Growing deficit hobbles economy

Jan 13, 2006
Top Senate Democrat Supports Outsourcing

U.S. Senator Max Baucus, the top Democrat on the powerful Senate Finance Committee, said Friday he supports outsourcing white-collar jobs to low-wage countries such as India

Jan 11, 2006
The Fed's Money Supply Armament is Underway

The printing presses are running 24/7, making the economy look good for the 2006 election year.

M-3 has been launched into outer space, up another $56.3 billion last week, up $92.4 billion over the past two. This is some real horsepower. Over six weeks, the meaningless figure, ahem, is up $177.8 billion. These annualized growth rates are 28.7 percent, 23.6 percent, and 15.3 percent respectively. Those are the seasonally adjusted figures. The raw, non-seasonally adjusted, figure is up $293.3 billion over the past 12 weeks, on a pace to add 1.2 trillion in money to the economy. Wow. There must be a need for this. Maybe the master Planners see a coming need to monetize our debt? To support markets? They tell us the economy is good, so clearly they cannot be stimulating our way out of a recession. There's a lot of money flooding the economy and it has to go somewhere. Right now it is lifting markets.

Jan 9, 2006
China to give up on Dollar, Invest In Yen, Euro

Jan 8, 2006
Gates, Buffett, China 'run from dollar'

Jan 8, 2006
The Missing Trillions

Jan 4, 2006
Dollar losses deepen after earthquake reports

Dec 31, 2005
Analysts: U.S. Currency to Fall in 2006

After a surprise 2005
in which the dollar rose, against the predictions of many analysts, the U.S. currency is likely to fall in 2006...of course, the consensus could be wrong, just as it was a year ago.

Dec 31, 2005
First by inflation and then by deflation

The set up is very nearly complete. The trap has been set. Manipulation of the money system should make everyone wary about assumptions that they have made. [W]hat's a man to do when he's borrowed so much silver only to find out he needs to repay his loan in gold. Good luck to those paying off your debts when you discover that the man who lent you all the silver is the one who holds all the gold. Thomas Jefferson certainly understood how the game is played, the days of easy money have ended and the tightening has just begun. We are all about to find out that those in this world that we view to have almost everything, have decided they want everything. For those that see blue skies and sunshine in the west, it's time to realize the wind just changed directions and the storm approaches from the east.

Dec 31, 2005
Why Hasn't "IT" Happened Yet?

When will IT happen? It already is. IT is happening all around us. The "oily rags" are there for everybody to see. Debt continues to pile up. The market is still over valued. The Dollar is sagging. No, these aren't things that have "always been going on" as some pyromaniacs on Wall Street would have you believe. No, they haven't happened yet, but we are getting close. The potential for a stock market crash is always there with a market so overextended. Derivatives are only getting worse, now totaling more than $85 trillion, according to the Comptroller of Currency. The total of derivatives is 7 times bigger than the entire US GDP. How risky is that?

Dec 25, 2005
Grinch steals Christmas; DOLLAR takes a nose DIVE

The U.S. currency had its steepest single-day fall [10 days before Christmas] against the yen since March 2002, after the Federal Reserve on Tuesday dropped the word "accommodation" from its policy statement, interpreted by some as a signal that its 18-month credit-tightening campaign was nearing an end.

Dec 23, 2005
Whats the Fed up to with the money supply?

On November 10th, 2005, shortly after appointing Bernanke to replace Greenbackspan, the Fed mysteriously announced with little comment and no palatable justification that they will hide M-3 effective March 2006.... The date when M-3 will start being hidden also happens to be the exact month that Iran will declare economic war against the U.S. Dollar by trading its oil in Petro-Euros on its new bourse.

Dec 23, 2005
Pop goes the bubble -- new home sales plummet in November

Dec 06, 2005
Gold prices at 22-year high

Dec 06, 2005
Canada's Dollar Advances to 13-Year High Against U.S. Dollar

Dec 06, 2005
Texas jury rules against Ocwen Federal Bank

Dec 04, 2005

Iran starts to sell oil in Euros

Soon there will be a lot of US Dollars more than are needed for international trade reserves and the dollar will plunge even further.

Liberty Dollars are fully backed by gold and silver and will not lose their value.

Dec 04, 2005

More corporate welfare on the way:
Automakers Are Lining Up Aid, But Just Don't Call It a Bailout

Troubled U.S. automakers and their allies on Capitol Hill are seeking billions of dollars in aid from the federal government ranging from health coverage for their workers to extra tax write-offs for themselves. They're also asking for one rhetorical favor: Please don't call the requests a bailout.

Dec 04, 2005
Congress Considers Stripping Homeowners of State Protections

The Center for Responsible Lending (CRL) is reporting that a new bill in Congress would override and weaken state anti-predatory lending laws that protect homeowners. Congressmen Ney (R-Ohio) and Kanjorski (D-Pennsylvania) have introduced legislation that would roll back state protections for homeowners.

Dec 03, 2005
Empire In Descent: The Deliberate Destruction Of America

Dec 02, 2005
Greenspan renews warning on budget deficits

Dec 02, 2005
Ford may close five North American plants

Nov 24, 2005
On Thanksgiving Day!
Liberty Dollar moved up to a $20 base!

My 10s will now be 20s. Yours, too! You can see in the chart above that it now takes twice the Federal Reserve Notes to buy the same amount of silver as it did just seven years ago when the first Silver Liberty Dollars were minted. Beginning on

Oct 25, the 30 DMA (30 day moving average) for silver topped $7.50. This has continued for 30 consecutive calendar days so beginning Monday any silver Liberties, silver certificates or e-Liberty's can be exchanged for double their face value. The real silver can be turned in and re-minted as two half-ounce $10 Silver Liberty's or one $20 Silver Liberty. Re-minting charge is $1.50 each. Paper certificates can simply be exchanged.

Nov 24, 2005
Ladies and Gentlemen: The American Economy Has Left the Building

We are already exporting astronomical quantities of American currency, and millions of jobs to go with the big bucks. The printing presses are running madly 24/7 the year around. The American government, allied with the high finance sector of the economy, has conspired to sell us out to the highest bidders -- which apparently are the East Asians, among others. So these are the raw materials that the American economy is exporting: trillions of dollars, and millions of jobs, the very lifeblood of the nation's economy.

Nov 24, 2005
GM job cuts will devastate North American cities

"General Motors' plan to eliminate 30,000 hourly jobs by 2008, announced Monday in Detroit, will have devastating consequences for cities in the United States and Canada, and its ripple effects will hit working class communities throughout the two countries...Since 2000, more than 100,000 hourly and salaried automotive jobs have been eliminated in the US.

Nov 21, 2005
GM Cutting 30,000 Jobs, Closing 9 North America Plants

Nov 15, 2005
A 'Fiscal Hurricane' on the Horizon

To hear Walker, the nation's top auditor, tell it, the United States can be likened to Rome before the fall of the empire. Its financial condition is "worse than advertised," he says. It has a "broken business model." It faces deficits in its budget, its balance of payments, its savings -- and its leadership.

Nov 14, 2005
Economists expect sharp recession after real-estate bubble bursts

Nov 14, 2005
Discontinuance of M3, the report on the nation's total money supply M3 is the estimate of the total money supply. Planning to stop reporting this number signals the US is entering a stage of hyper inflation, which will be hidden from the public as long as possible. Desperate to hang onto a GOP Congress, you can expect Bush will flood the nation with money next year to make the economy look good

Nov 14, 2005
Foreign investors lose appetite for treasuries as deficit rises

Nov 11, 2005
The Coming Disaster in the Derivatives Market

The derivatives genie is now well out of the bottle, and these instruments will almost certainly multiply in variety and number until some event makes their toxicity clear....[They] are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal--Waren Buffet

Nov 11, 2005
Housing Market Cooling, Data Say Let's say you lose $100,000 in market value of your house. Article 9 of the Uniform Commercial Code allows the lender to ask you to make up the deficit by increasing your equity in your home. If you can't or won't they can foreclose. Mortgage Elimination using the consumer protection statutes passed by Congress, signed by the President and upheld in the courts might be able to prevent the loss of your home Nov 6, 2005
New Fed boss called 'insane fan of inflation' In fact, in a speech in November 2002, Bernanke related this gem to a gathering of economists: "Japanese deflation will not happen in America because the U.S. government has a technology, called a printing press . . . that allows it to produce as many U.S. dollars as it wishes."

Oct 28, 2005
California mortgage defaults rise for first time in 3 years

Oct 28, 2005
Suddenly, area's housing market favors the buyers. POP!!!

Oct 26, 2005
Dollar may slide on White House staff indictments

It's been sliding anyway, why blame the dollar's decline on indictments?

Oct 23, 2005
The king of real estate's cashing out, should you be nervous?

Oct 20, 2005
Bill Gates dumps dollar for euro

Oct 13, 2005
From the euro to the globo
The adoption of the euro by 12 European Union states is part of the process of creating the globo. The U.S. dollar and the euro are currently the two strongest hard currencies in the world. They may eventually be merged to create the globo.

Oct 13, 2005
The Coming Starvation In America

In the 1960's and 1970's the different political administrations of Washington, D.C. walked away from sanity and started to give the surplus grains which where in elevator storage all over the country, to other nations, such as the Soviet Union, India, etc.. This continued over two decades, until the elevators were empty and the reserve of grains that were in reserve as per a national crisis....were gone. Of course this was done as to inhance international "friendship" with other nations, even if those other nations were self-admitted enemies of the United States. Remember, there was enough grain in storage, paid for by the American tax-payer, to last the masses inside the United States for three full years, if need be. But now it all is but gone!

Oct 12, 2005
Economic collapse of the US

According to the most authoritative person on this subject, the US Comptroller General David Walker, who audits the federal government's books, the tab for the long-term promises the US Government has made to creditors, retirees, veterans and the poor amounts to US$43,000 billion, US$145,000 per US citizen, or US$350,000 for every full-time worker. "I think it is time that we should take a serious look at the possibility that the US is going to take us down towards a worldwide recession in one or two year's time."

Oct 10, 2005

THE STARK REALITY OF AMERICA'S FINANCIAL MELTDOWN

Sep 15, 2005
Gold Hits 17 Year High

U.S. benchmark gold futures powered to a 17-year high Thursday as concerns about inflation and U.S. economic growth drew safe-haven buying and fund interest into the market, traders and analysts said. "People are buying gold because it is now apparent that we are going to see massive inflation," said Leonard Kaplan, president of Prospector Asset Management, in Evanston, Illinois. "Gold is the best hedge for inflation."

Sep 11, 2005
BRAZIL TO SHUN US DOLLARS IN NEW GLOBAL BOND ISSUE

Sep 9, 2005
US oil companies shut refineries down to boost profits

Sep 9, 2005
Crude oil supplies overwhelm refineries

Sep 9, 2005
Orchestrating Financial Collapse

Another lie I'd like to lay to rest is the one about all of the "terrible damage" done to the oil platforms and rigs in the gulf during hurricanes. This is how they justify the price spikes that occur because of lost production. If anyone cared to see this for themselves they could travel the entire Gulf of Mexico in search of destroyed oil rigs and they won't find any- not one. There is a damed good reason that this is so and that reason is that they are built so well that a hurricane can't touch them.

Sep 8, 2005
US Economy Takes Big Hit

Sep 4, 2005
Germany now exports more products than the US

But they don't pay corporations to outsource the economy.

Aug 30, 2005
Dumping of US dollar could trigger 'economic September 11'

Aug 29, 2005
US Property Bubble Begins to Burst - Median Home Prices Down 15.9% in 3 Months

Aug 27, 2005
Greenspan issues warnings on economy: says budget and trade deficit threaten long-term fiscal health

Cautioned Americans against thinking the value of their homes and other investments will only go higher, saying "history has not dealt kindly" with that kind of optimism.

Aug 26, 2005

Greenspan warns of rough end to the housing boom, that the perceived wealth can quickly disappear
This could mean that equity positions on mortgaged property could be inadequate to prevent bank foreclosure even if payments have been timely. Now is the time for Mortgage Elimination before the market bubble pops.

Aug 21, 2005
Housing market will flatten soon, observers say Buyers are "taking interest-only loans and other exotic loans in a desperate attempt to afford the house, and that's a sign the market is nearing the top," Ethan Harris, chief U.S. economist at Lehman Brothers Inc. in New York, said in an interview.

Aug 16, 2005
Big fall in house prices Pop goes the bubble!

Aug 16, 2005
Most overpriced home markets

Aug 16, 2005
Home buyers pay less down, increase risk

Aug 25, 2005
Killing the dollar in Iran Until now, oil has been solely priced, traded and paid for in the greenback on markets in both London and New York. But monthly worldwide oil revenues of over $110 billion (on a 20-trading-day basis) - a third of which ends up with OPEC (Organization of the Petroleum Exporting Countries) members - raise the question of what happens to these cash mountains. According to the most recent data from the US Treasury Department, OPEC members have parked only a skimpy $120 billion in direct dollar holdings, which are almost equally split between equities and American debt paper. This is a clear indication that oil producers are investing their windfalls elsewhere. The yield spread between US and EU debt papers in favor of the EU is another hint where the petrodollars might be heading.

Aug 25, 2005
GM, Ford, GMAC now at "junk bond" status

Plunge of blue chip stocks put investors in a blue mood, but get used to it. That's the best of the American economy going into the crapper. Get your debts eliminated and get Silver Liberty Dollars, the US Dollar is worth-less

May 5, 2005
In spite of recent denials by Greenspan and US Treasury Secretary Snow that there is no housing bubble, the comparison of housing to stocks should be taken seriously.

The problem with these denials from our so-called leaders is that their positions of power effectively prohibit them from speaking bluntly about certain issues, namely the economy. Their job is to soothe and reassure the public that everything is just fine. If you understand this, then you understand that by simply addressing the issue, they have tipped their hand and revealed that we have a problem on our hands - a problem that they aren't quite sure what to do about. The fact that they deny the problems means that you can pretty much bet on its existence and its seriousness.

Apr 29, 2005
US house market boom set for bust? Is the current property boom an unwelcome replay of the dot.com bubble of the late Nineties and destined to burst in the same way, showering a lot of people with a lot of pain? When the US economy slipped into decline, people started borrowing to sustain their previous life styles, assuming they would repay the loans when the economy improved. But the economy didn't improve, and cannot improve with manufacturing headed for tax-friendly shores, and Bush borrowing and spending cash on war. So, home owners cashed out their equity to pay off credit cards. Now the equity is gone, home owners are flipping real estate back and forth (see comment about property being resold in the same day) to run up the price. This creates an artificial equity on which yet more cash out loans can be taken.
But like any other financial craze, the good times roll only so long as new money can be brought into the bottom of the system. Low interest loans are the lure to new buyers, but the problem isn't that people do not want to take advantage of the new loans, it's that they are less than sure they can make the payments as the economy continues to decline.

There is a phrase to keep in mind. It's "negative equity". That is what happens when a home-owner owes more on the house than the house is worth. Even selling the property does not erase the debt (remember that bankruptcy reform bill).

When the real estate bubble bursts, all those property owners who flipped up the value of their homes and then cashed out that artificial equity are going to be in a real mess. According to article 9 of the revised Uniform Commercial Code, the lender can foreclose when the real market value of the property plus the borrowers equity drops below the principal of the loan.

July 19, 2005
Housing Bubble: Bankrupting Suburbia

July 18, 2005
What Kind of Country Destroys the Job Market for Its Own Citizens?

July 17, 2005
Beware! UK housing's on a cliff edge US housing industry closely mirrors impending disaster

July 6 2005
Pictures of a mania? - US Housing Bubble The debate over the possibility of a US housing bubble raging in almost every paper, and even within the exalted shrine of the Federal Reserve Board, has prompted me to take a cursory glance at the housing market to see if I could spot signs of a speculative mania. Frankly I am amazed there is even a debate. All I can see are signs of speculative excess.

June 24, 2005
Economist Calls Housing Boom 'Biggest Bubble in History'

June 24, 2005
Bubble Trouble Given the housing bubble threat and Democratic silence on the issue, it only makes sense to ask the obvious question: Are progressives about to be blindsided by the next Great Depression?

June 23, 2005
US leading indicators suggest US economy cooling

June 20, 2005
Housing markets show signs of bust

June 19, 2005
US homes bubble warning Record numbers of new homes are being built in the United States, and house prices in many regions are at record highs, which recently prompted Federal Reserve chairman Alan Greenspan to warn of ``froth'' in the housing market. The booming housing industry prompts demand for big-ticket items like furniture, washing machines and refrigerators to fill those new homes. Higher house prices also allow consumers to borrow more against the value of their homes to fund consumer spending and fuel economic growth [But the added debt leaves a homeowner more vulnerable to losing the home when the bubble bursts. When value drops below equity article 9 revised permits foreclosure.]

June 21, 2005 Oil's Price Climbing Toward $60 Level

June 21, 2005
The real problems with $50 oil "There is a supply/demand myth that if oil prices rise, they will attract more exploration for new oil, which will bring prices back down in time. This was true in the good old days when oil in the ground stayed a dormant financial asset. But now, in a debt bubble, oil in the ground can be more valuable than oil above ground because it can serve as a monetizable asset through asset-backed securities (ABS) in the wild, wild world of structured finance (derivatives). So while there is incentive to find more oil to enlarge the asset base, there is little incentive to pump it out of the ground merely to keep prices low."

Apr 14, 2005
Congress passes bankruptcy bill making it harder for consumers to escape the burden of debt

Now do it the right way! Debt Elimination !

Apr 14, 2005
General Motors drags Wall Street to new '05 lows

Apr 13, 2005
Trade gap accelerates as dollar continues its tailspin

Apr 13, 2005
March retail sales weaker than expected

Apr 13, 2005
Patriot Act Being Used To Implement Currency Controls

  1. New bankruptcy law (last week)
  2. Announcement that travel to other parts of North America will require a passport (papers please)
  3. New compliance standards for foreign banks (this past year)
  4. Elimination of foreign accounts for US residents (one by one)

Currency controls have been initiated.

Apr 1, 2005
Is the housing market going to crash?

Cheap money and refinancing have fueled an unparalleled boom/inflation of real estate prices across the nation. Most gains have been cashed out via the equity loans that have provided a supplemental "income" for households to keep this economy spending. It's the costly S&L tragedy all over again.

Mar 31, 2005
Dollar drops versus euro, yen after U.S. jobless claims rise

Mar 31, 2005
Dollar headed for collapse: Mahathir

Mar 26, 2005
A threat greater than terrorism: an outsourced economy

Mar 26, 2005
GM's woes one more blow to housing bubble

Low interest rates from the failed Fed let GM's finance arm offer cheap loans that helped owners use homes as ATMs. With rates rising and its own troubles, that party is over.

Mar 23, 2005
The Real Unemployment Rate is 23%: We are in the equivalent of the Great Depression of the 1930's and it will get much worse

Mar 23, 2005
The Russian central bank said on Monday that it had doubled the weighting of euros used to calculate the nominal exchange rate of the ruble from 10 percent to 20 percent at the expense of the dollar.

Mar 22, 2005
The Death of the Dollar

On March 15th, 2005, (the Ides of March) we may have just witnessed the beginning of the death of our financial system as General Motors stock took a nosedive from $34/share down to $30. GM has $300 billion in debt. GM is headed towards bankruptcy, and will default on the bondholders, who will then own a company worth less than $16 billion dollars! If the government can't sell bonds while running a deficit, then the government must simply be printing money to fund the deficit--and they are, as can be seen in the rate of growth of the money supply, M3! Therefore, inflation is raging because of the devaluation of the US $, and interest rates must keep pace, which is why GM is doomed!

Foreign nations are all sounding the alarm already that they will be selling U.S. bonds to diversify the holdings of their central banks: Russia, India, China, South Korea, Japan... what major foreign nation is left to buy them? A tsunami of dollar selling is about to begin, and will make the recent dollar decline seem like a small bump in the road. It may take a few months for this to play out. You may have time to buy silver at under $10/oz. for a few more weeks or months. But after GM declares bankruptcy, which may take between 3 months to a year, get ready for the dollar to crash by more than 90% in the following 6-12 months. Germany's hyperinflation in the 1920's took about a year and a half. Recently, Argentina's took place nearly overnight. Who knows which way the dollar will die, whether a quick death, or a more slow and painful one?

Either way, the dollar is dead. Long live gold and silver! Buy silver Liberty Dollars NOW!

Mar 22, 2005
Economists: Deficit a bigger risk than terrorism

Mar 21, 2005
Does America REALLY smell the coffee? Waging wars of conquest require a strong economy.

Yale historian Paul Kennedy has long argued that great powers typically fail when military reach outstrips a nation's economic strength. In that vein, there's little doubt that America is extending its reach in this post-9/11 world. Wars in Afghanistan and Iraq were the opening salvos. The Bush Administration's recent nomination of two leading neocons to key global positions -- John Bolton as America's ambassador to the UN and Paul Wolfowitz to head the World Bank (also announced on March 16) -- are more recent examples of a White House that is upping the ante on its "transformational" projection of global power. In Paul Kennedy's historical framework, America is extending its reach at precisely the moment when its economic power base is weakening -- a classic warning sign of the fall of a Great Power. This is our final warning: The Powers That Be can now blame the American economic disaster on Bush and the neocons....and all the sheeple of the right who supported them.

Mar 20, 2005
The coming U. S. economic collapse.

Mar 20, 2005
China, Greenspan rub salt in dollar wound

Mar 12, 2005
Dollar catching Asian flu

Asian central banks have been quietly switching their dollar holdings to regional currencies for at least three years. This shift conforms with global trends as central banks seek a buffer from the burgeoning US trade and budget deficits.

Feb 28, 2005
Debt, taxes and kiss of death: crisis in Social Security is Feds stealing from the fund to reduce deficits

Feb 26, 2005
The Real Reasons Why Iran is the Next Target: The Emerging Euro-denominated International Oil Market

Jan 26, 2005
Move to euro hits US finances

Jan 20, 2005
Warren Buffett sees no way but down for US dollar

Jan 18, 2005
Runaway US debt spells tough times ahead

Jan 10, 2005
Is the U.S. economy being set up to fail?

Jan 10, 2005
World on brink of ruin

When the chief economist of one of the world's most prestigious banks calls Greenspan a bum, that's a big deal

Jan 7, 2005
Making the world safe...for bankers

Jan 6, 2005
Inflation disinformation: it's actually 6%!!

Jan 6, 2005
Bond bubble, American-style

Jan 3, 2005
Has Greenspan over-pumped the real estate bubble?

Jan 1, 2005
The war to save the U.S. dollar

Dec 4, 2004
Table set for 'devastating deflationary collapse'

The U.S. has managed to keep the U.S. economy from the recession/depression it needed and deserved following the bursting of the tech bubble in 2000. It has done so by blowing one bubble after another, with the latest and most absurdly overvalued bubble of all being the housing bubble. And certainly war expenditures have helped keep the demand side of the economy alive, even as consumers have been spending themselves into bankruptcy at a record pace.

Eliminate your debts. Get real silver or gold Liberty Dollars, US$ and economy is approaching collapse.

Dec 4, 2004 Our Place in the World: U.S. mortgages its sovereignty The official philosophy of the government presided over by George W. Bush views the United States as standing outside of history -- unfettered by traditional forces that dictate the rise and fall of civilizations and immune to the limits imposed on great powers by the broad sweep of historical trends.

Dec 4, 20041
US jobs crisis piles pressure on dollar

Dec 3, 2004
What You Didn't Know About the Dollar & Iraq

Dec 2, 2004
US$ TO FALL ANOTHER 34%-$500,000 DEBT PER US HOUSEHOLD

Nov 29, 2004
The dollar stares into the abyss As the dollar leaves behind the support in the 84 - 85 area on the index, the rate of decline is accelerating. The big questions now, of course, are "How far will it drop?" and "Are we in for a full-blown dollar crisis?" The simple answer to these questions is "a very long way" and "yes," respectively

Nov 29, 2004
Weak dollar leaves central banks in a bind

Nov 29, 2004
U.S. treasuries decline on speculation foreign demand may wane

Nov 29, 2004
StockGate: SEC paper presented at SIA Symposium calls counterfeiting 'pervasive'

The industry sells shares without delivering them to the buyer. Although they show up in the buyer's brokerage statement, the buyer only receives an IOU. The SEC doesn't know how to fix it as it will cost the industry too much money to deliver what they owe, potentially bankrupting some firms.

Nov 23, 2004
Worldwide effects of sinking dollar

Nov 22, 2004
US Dollar has lost 40 per cent of its value in the past two years.

Nov 22, 2004
Dollar Fall Will Come at a Price for All, Analysis

Nov 22, 2004
Invoking clauses tucked into the fine print of their contract agreements, lenders are doubling or tripling interest rates with little warning or explanation

Nov 19, 2004
Silver poised to skyrocket

Nov 17, 2004
Dollar hits new low versus euro

Nov 16, 2004
Three Stages of a Dollar Collapse

As the dollar collapse continues, we will be looking for these three divergences: 1) gold outpacing foreign currencies; 2) precious metals outpacing base metals; and 3) silver outpacing gold. Get real silver or gold Liberty Dollars, US$ is approaching collapse

Nov 16, 2004
Fannie Mae warns of possible $9 billion loss

Nov 14, 2004
Bank of Japan Governor says world needs rival to US dollar as global currency

"...the economy of the key currency is easily tempted to focus its economic policy on domestic considerations," an apparent thinly veiled rebuke to the economic policies followed by the US administration of President George W Bush." Get real silver or gold Liberty Dollars, US$ is approaching collapse

Nov 11, 2004
U.S. Dollar Drops to New All-Time Low

Silver, which for the last few months I have been urging smart buyers to consider, is up 49% in the last twelve months. Not too shabby! But the time is coming, and soon, when even this stellar gain will seem paltry. Get real silver or gold Liberty Dollars, US$ is approaching collapse

Nov 9, 2004
World 'risks global recession' in 2005

Nov 5, 2004
Euro hits new all-time high against dollar

Get real silver or gold Liberty Dollars, US$ is approaching collapse

Nov 5, 2004
Dollar back on course: downward

Oct 27, 2004
NY gold, silver rise early on lower dollar

Get real money, American Liberty Dollars, silver and backed by silver.

Oct 21, 2004
Leading economic indicator index declines

June 17, 2005
Current Account Trade Deficit at New High

June 17, 2005
Economic Train Wreck of the Week

Since 1989 we have witnessed the greatest orgy of monetary aggregate creation and fiscal profligacy in recorded history. The major part of the credit goes to Sir Alan Greenspan, with strong assists to several administrations, Congress, Wall Street, our banking and insurance committees and a host of other elitists. What they have done will provide negative ramifications for years to come.

June 9, 2005
REAL ESTATE BUBBLE 3

As Fed Funds rates plummeted, mortgage rates followed. Home prices were already rising, but in unison with the falling rates a speculative mania in the housing markets caught sail. The combination of such has led to a mass Real Estate investing, refinancing and cash-out refinancing frenzy.

June 5, 2005
Julian Robertson predicts global economic collapse within 10 years

Apr 24, 2005
Canada: Class Action Accuses Banks of Illegal Creation of Money

The complaint was filed Friday April 15, 2005 in the Supreme Court of British Columbia at New Westminster. It alleges that all financial institutions who are in the business of lending money have engaged in a deliberate scheme to defraud the borrowers by lending non-existent money which are illegally created by the financial institutions out of "thin air."

Apr 24, 2005
Hospital services outsourced overseas

Apr 21, 2005
2 Brits nabbed with $3 trillion in fake US fed notes capable of triggering an economic system collapse

Apr18, 2005
The Greatest Ever Speculative Bubble in Risk

Apr16, 2005
Is America Going Broke?

The United States is the world's best customer. It buys far more from foreign countries than it sells to them, resulting in a sizable trade deficit. It also spends more on public programs than it collects in tax revenues. And to pay for all these outlays, the U.S. must attract mountains of foreign capital each year, which essentially amounts to borrowing from foreign governments and investors.

Apr 16, 2005
Dollar Tumbles on Soft Data, G7 in Focus

Apr 16, 2005
Stocks tumble as investors give up hope

Apr 16, 2005
The Dollar "Plunge Protection Team"

Apr 16, 2005
IRS REELS UNDER TAX REVOLT

Apr16, 2005
Bush's Voodoo Economics

America's trade deficit is rising and the dollar is falling. So what do George Bush's economic policies portend for America's future?

March 21, 2006
RETALIATION: SAUDIS, UAE MAY DUMP U.S. DOLLAR

March 18, 2006
The Beginning of the End of the Petrodollar

March 18, 2006
Iraq War Cost May Surpass $1 Trillion

America will be decimated by the Bush Administration. The Illuminati will have accomplished their purpose to destroy the last empire.

March 18, 2006
Federal Debt up $26 TRILLION Since Dubya Took Office !!!

March 16, 2006
Senate ok's debt limit hike: U.S. to owe $9 trillion

Dems all vote 'no,' just 3 GOP join them. GOP is the party of spend and spend.

March 14, 2006
Arab central banks move assets out of dollar

March 13, 2006
Your Country at War--1917

Congressman Charles Lindbergh, Sr. had the Federal Reserve pegged 90 years ago and tried to warn us then. He noted how the wars led to economic disaster for the plain folks who did the work while the financial parasites enjoyed obscene profits on the blood of American troops and the poor.

March 12, 2006
We are on the verge of the greatest inflationary binge in history

Trading oil in euros means the dollar monopoly is over and the market place will be flooded with dollars. That means the Fed will have to monetize trillions of dollars and that is immediately inflationary.....That means a gold price in the thousands of dollars. If the Fed thinks that by terminating M3 they'll be able to hide what they are doing, they are sadly mistaken. We know the elitists do not want the Republicans decimated in the next election, but we'll be able to get the numbers on what they are doing. Hiding M3 is an attempt as well to hide monetization. That is why we implore you to have almost all your assets in gold and silver. The real crisis is just getting underway...the high-powered game continues and any sane person knows the results are going to be disastrous. Understanding the problem is simple and the solution is, there is no way out. Wall Street understands what they are facing and they'll play their hand until the bitter end hoping they survive. We are witnessing one of the greatest destabilizing speculative periods of all time. We are going to reap the consequences of unsound money and credit. Your only investment alternative is gold and silver related assets. This is the only mechanism for protecting your wealth.

March 11, 2006
The Fed Officially Kicks Off the Next Recession

It is official. A recession is coming. How do I know? Because this week new Fed Chairman Ben Bernanke gave an official warning to bankers about commercial real estate loans. That is always the kickoff to a recession. It is the starter's gun, the national anthem before a ballgame, the opening hymn at a church service. Here is how it works.

March 10, 2006
Reich: U.S. headed for 'day of reckoning'

The United States is headed for a "day of reckoning" as oil prices and the budget deficit remain high, consumers keep spending and not saving, wages remain stagnant, housing prices rise and the working population ages, warned Robert Reich, former Department of Labor secretary in the Clinton administration.

March 10, 2006
No end in sight for giant trade gap