Something stinks....do you smell it yet?

He's right....people missed the really story (monetizing our debt) because it was surrounded by a bunch of BS.

Open up your eyes.

Support the audit of the fed!

www.abovetopsecret.com...'

Hate to say it, but a majority of our population sleeps and the others that are semi-awake tend to forget the real important issues while watching CSI or American Idol..

I don't have time to watch him much...
but is he losing it?!?

reply to post by mecheng


I think that he is just trying to catch peoples attention. I agree he uses strange methods at times, but I bet that he does attract some viewers that normal would not watch a so-called normal or boring news talk show.


So what ever works. Draw them in and wake them up!

hahahaha!

As soon as I seen the title, I knew what it was.

I don't know why no one else is talking about this.

Why does eveyone talk about all the small things.

Probably rather restricted to be tolerated as a threat on TV ... Think about it this way .. IF he Actualy did this in a way where it was all serious and start getting people in that seriously Talked about whats realy going on.

THe tone of the show would change, the reaction of the people would change .. and then His show would probably mysteriosly end its course... That would not help anyone other then just another mark down ..

Mainstream public view him as nonsense, therefore might as well leave him where he is to enforce that, and when the true people that have followed up behind trying showing people the stuff .. they will undoubtly connect it to glen becks nonsence...

reply to post by David9176


I think you and I are the main fans of Glenn Beck on this site. I don't care who thinks WHAT of me, but he is the real deal!

I have been listening to him for several years before he became such a " sensation" to those who have NO idea about him. I also listen to his radio program every day, and have for a long time, as I think you do as well.

Thanks for standing up for Glenn Beck and what he has been telling us for so long now...you have the courage.

I came home tonight to find an unexpected gift from my sig other: one of Glenn's books! (Very sweet and thoughtful even if the "sig other" isn't completely onboard) Hang in there and don't give up!

FMF

Originally posted by mecheng
I don't have time to watch him much...
but is he losing it?!?

No He isn't loosing it He is trying to wake up the sleeping masses before its to late. The masses are slowly waking up but I hate to say that a hamburger will cost 50 bucks before its all said and done due to inflation. How bout You look up hyper inflation up on WIKI it will show You a woman burning her money because the money was cheaper to burn than coal and this happened in germany why because the government printed up money like it was going out of style. Just imagine all the people that worked hard all their lives and retired and suddenly they loose everything because costs for living expenses go through the roof. I hope You love the idea of old people starving in the streets because You will see it a lot unless the idiots wake up.

He is absolutely correct we have monitized our debt, you better get your wheelbarrows lubed up because your going to need them to carry all the money it will take to buy a loaf of bread. again... we are hosed.


Sailor

Geraldo-esque

Originally posted by nonnez
I think that he is just trying to catch peoples attention. I agree he uses strange methods at times, but I bet that he does attract some viewers that normal would not watch a so-called normal or boring news talk show.

True.

Jerry Springer has successfully employed similar techniques since his 'normal' - 'boring' - nationally televised 'talk show' was threatened with extinction in 1994. Subsequently - ratings skyrocketed.

Next thing you know , Glen might even climb-aboard an Algore cherry-picker as he attempts to alert his audience to the grave dangers of inflation - on an OVER-SIZED - NEON - hockey-stick inflation graph.

Spoon-feed 'em gimmickry and they'll eat it up - Springer/NBC proved it - Fox needs it.

Needless to say , I think; "attract some viewers" - might be the operable phrase here.

Coincidently - Geraldo & Beck - both former CNBC employees - now work for FOX.

Springer next ?

Yes - I smell somthing alright.

Bring-in the clowns.

GL

the Fed and Treas. have monetized their banker buddies fraudlent hedging bets...

its not 'our' debt until the Fed/Treas. with the likes of Bernanke/Paulson/Geithner made us monetize very suspicious pseudo-securities


the various mortgage bonds/notes/loans/MBS are legal debt instruments
the various Swaps are not !

But, because Hank Paulson duped the congress into passing a second-attempt TARP bill, the precident has been set that makes the 'shakedown' legal

_________________________________________

the oponents , Beck included, need to make clear that lumping those CDS
into the mortgage fix-ups, is not the same thing
& is not a noble or justified cause...

see:

“[C]redit default swaps are not normal insurance policies, each side can trade them to make a quick profit (spread) if there is a willing counterparty [emphasis added]. Commonly after the original CDS contract is engaged, each side of the original two parties will try to engage another party to further hedge their bet and earn a small spread, pretty soon there are layers of layers of counterparties involved, with total notional amount increasing several fold, and no one knows who they are really dealing with anymore.”

(snip)

“The market cap of GM is only about $11B. However, based on estimates in the CDS market, there are about $1 trillion in CDSs betting on GM and their bonds. Any change in GM's situation, will create a rippling effect in this $1T CDS community of GM.”

“There are obviously not $1T of GM properties to act as collateral, so you have to trust all parties involved in this wild casino betting that they won't go under water. As a matter of fact, you better pray, because if one goes under, which is a high probability event, it throws a monkey wrench in the whole community, as everyone is trying to rewind and get out at the same time. It becomes a ‘no way out situation’”.

So Tan explains how trading of CDS with the idea of grabbing quick profits can have spun up the notional values of these CDS many times larger than their values when first issued.

Now the initial value of all freshly issued CDS is well enough known to be about $45 trillion, whereas in consequence to their having been extensively traded they are estimated to have ballooned to a notional value of as much as $500 trillion! Putting this into perspective, the U.S. GDP – and the U.S. money supply – is “only” about $15 trillion, the GDPs of all nations in the world sum to approximately $50 trillion, and the total value of world's stock and bond markets is “only” slightly more than $100 trillion.

So, far, far worse than taxpayer bailout funds being used to pay just the bonuses to the very folks responsible for this mess, it is strongly looking as though much of the bailout moneys going to A.I.G., Goldman Sachs, USB, and other big banks may be largely to pay off counterparties to CDS contracts. If so, then the government is using taxpayer money as a down payment on a debt – not of the taxpayers’ making – amounting to 3 to 33 times the current U.S. money supply!

Given the impossibility of ever paying such a debt in full without driving the dollar below the Mexican peso,
it is high time to declare the taxpayers bankrupt,
pay the winning counterparties to the CDS a few taxpayer pennies on the dollar – or better still nothing at all (after all it was the banks, not the taxpayers who were engaged in this reckless form of gambling) –
and then restart the economy the way Paul Krugman has laid out.

from: www.opednews.com...






[edit on 26-3-2009 by St Udio]

reply to post by David9176


Very interesting dude. lol. Ah well, at least he's making people aware of what is really going on behind the scenes.

I was never a big fan of Glenn Beck until he started talking about what's really going on in the world. I guess he has finally found enough courage to join our side. It's good to see that he's watching out for the common people.

Behind the scenes?


reply to post by Rockpuck

Originally posted by Rockpuck
Ah well, at least he's making people aware of what is really going on behind the scenes.

I wish that was the case RP. For someone with investigative resources , Beck' focus appears superficial - and typically days - weeks - in some situations - years behind the info curve. I would love to see MSM pundits like Glenn Beck , dig deep - apply their time & resources to critical , substantive exposé , instead of pandering to a complacent citizenry with fear-mongering - cartoon-like - faux-populist rants.

Put some meat on those bones!

Some folks may think Beck' commentary adds to public awareness - imo , he simply regurgitates the obvious , and supports a pervasive , public craving , for superficial - fast-food-news-fix. Part of the problem.


Monetization as a policy tool has been on the table since Bernanke's infamous 'Helicopter Speech' back in 2002 - and more specifically since last December - Bernanke Says Fed May Buy Treasuries to Aid Economy - nothing behind the scenes about it really....

details are available for public scrutiny @ the Fed website.....

Fed POMO FAQ:

Will these operations be reserve neutral?
No, these operations will be financed through the creation of additional bank reserves.

Full Text

Beck's dramatic assertion [OP-vid] - "the fact that we were printing our own money and monetizing our debt" - last week while our focus was intentionally diverted towards other issues is inaccurate. The "monetization" he refers to didn't occur until today - round 1 - very well publicized.

Tentative Outright Treasury Operation Schedule

I'll give Beck the benefit of the doubt on this one , maybe he and his audience really were diverted last week - completely missed the FOMC announcement - while he ranted about peripheral issues like AIG bonuses and such.

GL

reply to post by mecheng


Wouldn't you be losing it if you know what is happening to this country? I know I am, so much so that I am about to back to being the ignorant American I was and not pay attention anymore!

I remember when he was calling Ron Paul supporters terrorists for wanting to do crazy things like abolish the Federal Reserve.

He works for Rupert Murdoch at the end of the day and his message is ultimately controlled by the same interests that run/own Fed. I'm sure most of you have seen "Outfoxed". It's not likely Rupert has relinquished or lessened his control over the information flow. He certainly isn't a constitutional patriot.

In a "Silent Weapons for Quiet Wars" paradigm Beck would be the pressure valve to give people who understand how our monetary system works, and are outraged, a release. He keeps the pot from boiling over.

I simply question the motivation of Beck's recent change of heart.

[edit on 26-3-2009 by merkaba93]

[edit on 26-3-2009 by merkaba93]

reply to post by jkm1864


I'm sorry, after 8 years of watching FOX it's hard for me to think anything on there has as its purpose the "waking up of the sleeping masses". Case in point, 8 long years of a scooby-doo style, head-cocked "huh" during a very backward and 'unamerican' running of the country. I mean, FOX cheerleaded all that the Bush did...and now, Obama's in office 68 days and we already know things are going to hell...Did they have a perception issue up until a few months ago or something? Nothing makes any sense...why is it that ALL OF A SUDDEN people are so keyed up about "waking up the masses?" I don't get it? Tardy to the party or something? The masses could've used a good "waking-up" back then. Now I find all this talk very disingenuous. Where were these tea-party people 7 odd years ago? When did protest stop being a dirty word on FOX?

Let me clue you in...it's a big game...Corporate news is only as truthful as its advertisers allow it to be and that goes the same for any so-called "free thinker" on there. If you get your news from one person's mouth you are in serious trouble. The man is losing his wits and crying over a "financial crisis" that should only affect the wall-street elite who over extended themselves. I don't even get why any random local community would be paraphrasing Revelations - it's such a disconnect...give me a break.

THE USA does not equal a Corporate quasi-Bank/quasi-Insurance company. The United States = a continuum of socio-cultural, linguistic and economic norms that overlap and mutate depending on the environment. How are we conflating the two??????


There have been holes and issues with everything that's been going on since I first started "waking up" in 2002......now "waking-up" got pop-culture trendy, but in the overmarketed way that makes you stop liking a band or an underground product...it's been whitewashed and dismantled for a TV audience.

reply to post by gnosis111


Enlighten us...what is happening to this country? We're all ears.

reply to post by David9176

Great post, Star and Flag. Can't think of anyone in MSM that does it better than Beck.

Originally posted by David9176

He's right....people missed the really story (monetizing our debt) because it was surrounded by a bunch of BS.

Open up your eyes.

Support the audit of the fed!

www.abovetopsecret.com...'

And don't forget about the attack on Canadians last week about us needed a year to get new equipment and stuff. This currency problem might take us out as well.

We need to switch out our troops to new ones and get them trained, since we have no equipment let to train people because we are losing so many from roadside bombs and stuff, and and our troops are only geared for short term peace keeping missions.

And there is no doubt that he was scripted I saw him read the teleprompter, but what I do not understand is why on the front end on this show FOX News allows the Government to be attacked, and then in the back room they create a media frenzy with attacking our sacrifice, is this a grand plan or some kind of rambling discourse of many people?






[edit on 26-3-2009 by SoulOrb]