USA 2008: The Great Depression

Originally posted by musselwhite
reply to post by Rockpuck

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"beyond the reach" yeah kinda sounds funny but hey, i'd like to be somewhere beyond their reach and interested enough to inquire a little further. thought you might be interested, not in the magazine, but in the new currency, which was what piked my interest. there are more ways to find out about this currency.

Originally posted by Rockpuck

You actually have to pay $99 for a magazine to tell you "how to invest with the New American Currency" .... but yet never actually tells you how to buy it haha..

Originally posted by Gools

Caveat emptor people.

Say Rockpuck, forget Porter Stansberry's offer, I will tell you what the 'New American Currency' is...AND...try to explain how to invest in it...all for only $98.99! Act today and I PROMISE to include a 4 piece set of 100% nickel-plated cutlery...AND...2, count 'em...TWO...authentic Taiwanese fly-swatters!

Originally posted by Rockpuck
reply to post by infinite

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In late 2006/early 2007 I wanted to move to County Kerry.. specifically Dingle Country Kerry.. I just love the small town's charm.. To buy a farm, which I wanted, would have costs me approx. 800k euros.. given the exchange, thats over 1.4 million US dollars... so that was impossible.. so I looked into buying a modest house .. averaged 400k euros... being 600k US Dollars... I thought.. damn.. on the West coast of Ireland.. where there are NO major industrial centers anywhere near this town, or any town around there.. a house cost that much??? It can't be!? .. So I looked for jobs.. specializing in securities.. I thought it would be easy.. I found not a single job within an 80 mile radius that paid more then 35k Euros a year...

Who the hell can make a payment on a 400k house making 35k a year??? ..

Here in America I am starting my own company, investing in commercial and multi family real estate.. the average 6 unit building in my area is only 160k .. averaging 30k in revenue a year at a 7.5% interest...

Can it be that the last stage of the U.S. takedown is “The Project for the New American Century”? Is this ambitious plan for “global leadership” through military might that was seemingly invented by the “neocons”—many with dual U.S.-Israeli citizenship—a Trojan Horse?

It certainly appears that with 9/11 as a pretext, the neocons suckered the U.S. into the invasions of Afghanistan and Iraq as a means of military occupation of the Middle East . Certainly 9/11 and the Iraq invasion benefited Israel, as some Israeli politicians have frankly stated.

Were the neocons also acting on behalf of the financial controllers in London and elsewhere? And was one reason the neocons were so eager to engage in a “clash of civilizations” against the Islamic world the Koranic prohibition of usury which states, “Those who charge Usury are in the same position as those controlled by the devil's influence. This is because they claim that Usury is the same as commerce. However, God permits commerce, and prohibits Usury.” (Koran, Al-Baqarah 2:275)

Prior to 9/11, the Bush administration got Congress to cut taxes for the highest income brackets, reversing Bill Clinton’s budget surpluses. The tax cut remained in effect, even as the massive expenditures on the Middle Eastern wars mounted. The consequence has been to bring the federal government to the brink of bankruptcy.

The last official act of this phase could well be the ultimate insanity of a U.S. attack on Iran . If successful, this would complete the Western conquest of the Middle East but may start a larger conflict that could eventually force the U.S. to withdraw its forces once the money runs out. Israel would then be at liberty to sweep in to dominate a region that U.S. military power had devastated.

Whatever may happen overseas, the U.S. economy at home is on the verge of collapse. It if does, we will have to retreat to our own shores and face here the edifice of a ruined nation with no manufacturing base, a crumbling infrastructure, an aging population, insufficient food, poorly developed resources, and the collapse of the dollar. Of course the prophets of doom who claim that overpopulation must inevitably lead to Malthusian scarcity will take all this as justification of their prejudices. The rumored North American Union, with its currency the amero, could then follow, both under the control of the financiers.

One of the tools of financier domination in the meantime will likely be worldwide famine engineered by artificial shortages. This has already started and may cause hundreds of millions of people to die and their resources to be seized. The smokescreens for this will not only be peak oil but also global warming as a means of dealing with the world’s “surplus eaters.” Numerous non-profits and NGOs are greasing the skids with their insistent lobbying against even responsible economic development.

Now in the U.S. we will likely see riots, panic, martial law, plagues, epidemics, and prison camps, much of which has already begun with police crackdowns, anti-terrorist exercises, declining public health, erosion of civil liberties, and the world’s largest prison population.

It is likely that the “American Century” is over and that the “New American Century” will really be the “No American Century.” Outside of select pockets of prosperity around financial centers, resorts, and military installations, the U.S. is being destroyed. As an example, the residents of once-prosperous towns in Michigan have turned to the illegal manufacture of meth-amphetamine now that the jobs are gone.

Originally posted by Roper

May 2 (Bloomberg) -- Futures traders are betting for the first time since December 2005 that the dollar will gain against the euro.