Remember when we spoke about giving up every last penny of our wealth to get rid of the bloodsucking elites that are killing our childrens’ futures?
After reading this commentary, you will have the concise MATH, (there’s that word again), and course of the nation that explains why you feel like a hamster on crack, and can’t sleep at night. The numbers do not lie.
FOREWORD: At certain times, focusing on the big picture is important not just for investment success, but for personal welfare, and even survival. We believe such times are here. It is estimated that 98% of Americans have never held a gold coin in their hands. Yet 100% of Americans regularly handle Federal Reserve Notes. From a contrarian standpoint, the financial message from those two statistics is clear. Even so, gold is much more than money or an investment medium; it stands for liberty and throughout history has facilitated escape and ensured freedom. Never having touched a gold coin is the monetary equivalent to never having breathed fresh air, felt the warmth of sunshine, looked up at the stars or risen from the gutter. Fiat Federal Reserve Notes are becoming nothing more than sewage decomposing in the vast, toxic septic tank of predatory Washington politics, epic Federal Reserve arrogance and error, blatant Wall Street fraud and outright Master Class plunder. Below, we outline America’s troubling and compounding predicament, and urge you to think about how to protect yourself from its consequences, both financially and personally.
Thanks to the endless barrage of feel-good propaganda that daily assaults the American mind, best epitomized a few months ago by the “green shoots,” everything’s-coming-up-roses propaganda touted by Federal Reserve Chairman Bernanke, the citizens have no idea how disastrous the country’s fiscal, monetary and economic problems truly are. Nor do they perceive the rapidly increasing risk of a totalitarian nightmare descending upon the American Republic.
One stark and sobering way to frame the crisis is this: if the United States government were to nationalize (in other words, steal) every penny of private wealth accumulated by America’s citizens since the nation’s founding 235 years ago, the government would remain totally bankrupt.
According to the Federal Reserve’s most recent report on wealth, America’s private net worth was $53.4 trillion as of September, 2009. But at the same time, America’s debt and unfunded liabilities totaled at least $120,000,000,000,000.00 ($120 trillion), or 225% of the citizens’ net worth. Even if the government expropriated every dollar of private wealth in the nation, it would still have a deficit of $66,600,000,000,000.00 ($66.6 trillion), equal to $214,286.00 for every man, woman and child in America and roughly 500% of GDP. If the government does not directly seize the nation’s private wealth, then it will require $389,610 from each and every citizen to balance the country’s books. State, county and municipal debts and deficits are additional, already elephantine in many states (e.g., California, Illinois, New Jersey and New York) and growing at an alarming rate nationwide. In addition to the federal government, dozens of states are already bankrupt and sinking deeper into the morass every day.
The government continues to dig a deeper and deeper fiscal grave in which to bury its citizens. This year, the federal deficit will total at least $1,600,000,000,000.00 ($1.6 trillion), which represents overspending of $4,383,561,600.00 ($4.38 billion) per day. (The deficit during October and November, 2009, the first two months of Fiscal Year 2010, totaled $296,700,000,000.00 ($297 billion), or $4,863,934,000.00 ($4.9 billion) per day, a record.) Using the GAAP accounting method (which is what corporations are required to use because it presents a far more accurate and honest picture of a company’s finances than the cash accounting method primarily and misleadingly used by the U.S. government), the nation’s fiscal year 2009 deficit was roughly $9,000,000,000,000.00 ($9 trillion), or $24,700,000,000.00 ($24.7 billion) per day, as calculated by brilliant and well-respected economist John Williams. (www.shadowstats.com) Fiscal Year 2010’s cash- and GAAP-accounting deficits will likely be worse than 2009’s, given government bailout and new program spending that is on steroids and psychotic.
Putting Fiscal Year 2009’s $9,000,000,000,000.00 ($9 trillion) deficit another way, 17% of America’s private wealth, accumulated over a period of 235 years, was wiped out by just one year’s worth of government deficit spending insanity.
Given this, is it any surprise that Treasury Secretary Geithner has announced that the release of the nation’s FY 2009 supplemental GAAP financial statements has been delayed? Remember, this is the same Secretary Geithner who bullied people to cover up the sordid details of the AIG, or more accurately, the taxpayer-funded, multi-billion dollar, Santa Claus bailout and bonus bonanza for Goldman Sachs. Do you really think this government, characterized as it is by fiscal and monetary secrecy, lies, chicanery, cronyism and stonewalling, wants the people to know what is actually happening? Obviously, it does not, so it hides from the public the inexcusable facts.
It is estimated that the top 1% of Americans control roughly 40% of the nation’s wealth. In other words, 3 million people own $21,400,000,000,000.00 ($21.4 trillion) in net private assets, while the other 305 million own the remaining $32,000,000,000,000.00 ($32 trillion). 77,000,000 (77 million) Americans (the lowest 25%) have mean net assets of minus $2,300 ($-2,300.00) per person; they live from paycheck to paycheck, or on public assistance. The lower 50% of Americans own mean net assets of $27,800 each, about enough to purchase a modest car. Obviously, it would be impossible to retire on such an amount without significant government or other assistance. Meanwhile, the richest 10% of Americans possess mean net assets of $3,976,000.00 each, or 143 times those of the bottom 50%; the top 2% control assets worth more than 1,500 times those in the bottom 50%. When you combine these facts with Wall Street’s typical multi-million dollar annual bonuses, you get an idea of wealth inequality in America. Historically, such extreme inequality has been a well-documented breeding ground for totalitarianism.
If the government decides to expropriate (steal) or commandeer (e.g., force into Treasuries) America’s private wealth in order to buy survival time, such a measure will be designed to destroy the common citizens, not the elite. Insiders will be given advance warning about any such plan, and will be able to transfer their money offshore or into financial vehicles immune from harm. Assuming that the elite moves its money to safety, there would then be $120,000,000,000,000.00 ($120 trillion) in American debt and liabilities supported by only $32,000,000,000,000.00 ($32 trillion) in private net worth, for a deficit of $88,000,000,000,000.00 ($88 trillion). In that case, each American would owe $285,714.29 to balance the country’s books. (Remember to multiply this amount by every person in your household, including any infant children.)
If the common people suspect that something diabolical was in the works, a portion of the $32 trillion in non-elite wealth could be evacuated as well prior to a government expropriation and/or currency devaluation, resulting in less money for the government to steal. What these statistics mean is that it is absolutely impossible for the government to fund its debt and deficits, even if it steals all of the nation’s private wealth. Therefore, the government’s only solutions are either formal bankruptcy (outright debt repudiation and the dismantling of bankrupt government programs) or unprecedented American monetary inflation and debt monetization. If the government chooses to inflate its way out of this fiscal catastrophe, the United States dollar will essentially become worthless. You can be absolutely certain that a PhD. in economics, such as Dr. Bernanke, is well aware of these realities, despite what he might say in speeches. For that matter, so are Chinese schoolchildren, who, when patronized by Treasury Secretary Geithner about America’s “strong dollar,” laughed in his face. One day, perhaps America’s school children will receive a real education so that they, too, will know when to laugh at absurd propaganda.
The government has announced that during the fiscal years from 2010 through 2019, it will create an additional $9,000,000,000,000.00 ($9 trillion) in deficits, an amount that is almost certain to be understated by trillions given the country’s current economic trajectory. The government assumes that this vast additional deficit will be funded by others, such as the Chinese, as it is a statistical fact that the United States will be incapable of funding it.
Furthermore, with the budgetary equivalent of a straight face, the Office of Management and Budget reports in its long-term, inter-generational budget projection that the United States government will experience massive, non-stop deficits for the next 70 (SEVENTY) years, requiring the issuance of tens of trillions of dollars of additional debt. The OMB does not project even one year of surplus during the entire seventy year budget period.
These deficits and debts are now so gargantuan that they have become surreal abstractions impossible even for sophisticated financiers to begin to comprehend. The common citizen has absolutely no idea what these numbers mean, or imply for his or her future. The people have been deluded into thinking that America’s arrogant, egomaniacal, always-wrong-but-never-in-doubt fiscal witch doctors and charlatans, including Greenspan, Rubin, Summers, Geithner and Ponce de Bernanke, have discovered a Monetary Fountain of Youth that endlessly spits up free money from the center of earth, in a geyser of good will toward the United States. Unfortunately, this delusion is false: there is no Monetary Fountain of Youth, and contrary to the apparent beliefs of the self-deified man-gods in Washington, D.C., the debt and deficits are real, completely out of control, and 100% guaranteed to create catastrophic consequences for the nation and its people.
When government “representatives” deliberately sell into slavery the citizens of a so-called free Republic, they have committed treason against those people. This is exactly what has happened in the United States: the citizens have been sold into debt slavery that they and their descendants can never escape, because the debts piled onto their backs can never, ever be paid. Despite expensive and sophisticated brainwashing campaigns emanating from Washington, claiming that America can “grow” out of its deficits and debt, it is arithmetically impossible for the country to do so. The government’s statements that it can dig the nation out of its fiscal hole by digging an even deeper chasm have become parodies and perversions of even totally discredited and morally disgusting Keynesianism.
The people no longer have elected representatives; they have elected traitors.
The enslavement of the American people has been orchestrated by a pernicious Master Class that has taken the United States by the throat. This Master Class is now choking the nation to death as it accelerates its master plan to plunder the people’s dwindling remaining assets. The Master Class comprises politicians, the Wall Street money elite, the Federal Reserve, high-end government (including military) officials, government lobbyists and their paymasters, military suppliers and media oligarchs. The interests and mindset of the Master Class are so totally divorced from those of the average American citizen that it is utterly tone deaf and blind to the justifiable rage sweeping the nation. Its guiding ethics of greed, plunder, power, control and violence are so alien to mainstream American culture and thought that the Master Class might as well be an enemy invader from Mars. But the Master Class here, it is real and it is laying waste to America. To the members of the Master Class, the people are not fellow-citizens; they are instruments of labor, servitude and profit. At first, the Master Class viewed the citizens as serfs; now that they have raped and destroyed the national economy, while in the process amassing unprecedented wealth and power for themselves, they see the people as nothing more than slaves.
America’s public finances are now so completely dysfunctional and chaotic that something far worse than debt enslavement and monetary implosion, terrible curses unto themselves, looms on the horizon: namely, a Master Class-sponsored American dictatorship.
Throughout history, the type of situation in which America now finds itself has been a fertility factory for tyranny. The odds of an outright overthrow of the people by the Washington and Wall Street Axis, or more broadly, the Master Class are increasing dramatically. The fact that so few people believe an American dictatorship is possible is exactly why it is becoming likely.
Dictatorships have blighted history and ruined lives since the beginning of civilization. In recent times alone, tyrants such as Hitler, Stalin, Lenin, Ceausescu, Amin, Hussein, Mussolini, Tojo, Kim, Pinochet, Milosevic, Tito, Batista, Peron, Pol Pot, Mugabe, Marcos, Somoza, Mengistu, Bokassa, Sese Seko, Franco, Ho Chi Minh, Mao, and Castro have power-sprayed blood onto the screen of time and ravaged mankind with murder, torture and human oppression. A full catalog of history’s tyrants would require a book of hundreds of pages. In the past 100 years alone, over 200 million human beings have been annihilated by wars, ethnic cleansings and government assassinations. Just when we think that civilization has been able to rise above tyranny’s inhumanity and disgrace, a new dictator appears on the scene to start the process all over again. Every time this happens, fear and submission paralyze the vast majority of the affected masses, leading them to “follow orders” and lick autocracy’s blood-stained boots.
History has proven to tyrants that oppression works. In fact, it is easy to control a populace, once you control the money, markets, military (including police), media and minions (the recipients of welfare, social security, free health care, government jobs and the like, who are dependent upon the state and likely to be compliant). This is exactly where the United States is today.
Recent American events paint an ominous picture of a Master Class that is now in total control.
When 90% of the American people vehemently rejected the $700,000,000,000.00 ($700 billion) TARP bailout plan, the Master Class put it on a fast track and approved it anyway.
When a clear majority of the American people said no to a government takeover of Chrysler and GM, the Master Class poured billions of taxpayer dollars into those corporate sinkholes and took them over anyway.
When the people said no to multi-trillion dollar crony bailouts for the bankers and insurers whose corruption had caused global financial mayhem, the government pledged to those elite insiders more than $13,000,000,000,000.00 ($13 trillion) of the people’s money anyway.
When the people expressed astonishment and anger that Wall Street planned to pay itself record 2009 bonuses, in the midst of America’s worst-ever fiscal and financial crisis caused by them, Wall Street stuffed its pockets with taxpayer-supported bonus money anyway.
When the people said no to a proposed $40,000,000,000.00 ($40 billion) bailout of AIG and its elite trading partners such as Goldman Sachs (an amount that subsequently exploded to $180,000,000,000.00+ ($180+ billion)), the Master Class went underground, covertly misappropriated taxpayer money and made the payoffs anyway.
When Fannie Mae and Freddie Mac were nationalized at enormous taxpayer expense, the government approved $6,000,000.00 individual pay packages in 2009 (150 times the average American wage) for the CEOs of both failed companies anyway.
When a clear majority of the people said no to nationalized health care, even after being bombarded by a multi-million dollar, lie-drenched propaganda campaign designed to bamboozle them, the House and Senate passed nationalized health care bills anyway.
When more than seven million American workers lost their jobs and were subsisting on unemployment benefits and food stamps, federal government employees, who now earn DOUBLE what private sector workers earn, were given another round of pay and benefits increases anyway.
When private sector workers’ 401Ks and IRA retirement plans plummeted in value due to economic collapse and endemic Wall Street-orchestrated market corruption (including systemic front running, flash trading, naked short selling and other manipulations), government “defined benefit,” lifetime-cost-of-living-adjusted pension plans, despite already being underfunded by $2,000,000,000,000.00 ($2 trillion), were made richer than ever anyway.
The long, shameful litany of events signaling the total divorce between the Master Class and the people of the United States doesn’t stop there. It goes on and on.
The message from the American Master Class to the American people is simple and clear:
We Defy You.
Governments that openly defy the people are either already totalitarian or in the process of becoming so. Monetarily, the United States clearly functions as a totalitarian dictatorship already, with a Federal Reserve that operates in secrecy, creates limitless amounts of debt and currency at will, and showers trillions of dollars upon favored Master Class insiders with zero transparency or accountability whatsoever. The Federal Reserve is so shameless about its dictatorial powers that it flatly refuses to provide details about multi-trillion dollar bailouts and rescues of privileged elites, in open defiance of Congress and the people. The fact that they get away with these blatant acts of defiance demonstrates the true extent of the Master Class chokehold on America.
If the Master Class were a benign despot and if its policies and programs actually worked, that would be one thing. But that is not the case. Rather, its programs are in a complete shambles.
Every single government entitlement program in the United States is bankrupt. This includes Social Security ($17,500,000,000,000.00 underfunded; $17.5 trillion); Medicare Part A ($36,700,000,000,000.00 underfunded; $36.7 trillion); Medicare Part B ($37,000,000,000,000.00 underfunded; $37 trillion); Medicare Part D ($15,600,000,000,000 underfunded; $15.6 trillion), Government and military pensions ($2,000,000,000,000 underfunded; $2 trillion), Food Stamps (current underfunding difficult to measure because the number of recipients is exploding; hundreds of billions underfunded versus original projections, minimum); and the list goes on. The above underfunding amounts are NET of projected tax receipts over the next 50 years. But the current recession has invalidated virtually all long-term budget and tax receipt assumptions, meaning that the true underfunded amounts are now greater than current, already mind-boggling estimates.
While the above statistics are terrifying enough to any citizen with a functioning brain, what is Twilight Zone-eerie and a far more serious cause for alarm is the casual indifference with which the Master Class is now making the country’s dire and irreparable fiscal circumstances even worse.
The nationalized health care program will cost at least $1 trillion over the next ten years, and most likely multiples of that. It is being crammed down America’s throat by a bankrupt government that does not have the money today and will not have the money tomorrow to pay for it. Worse is the fact that the same government that has bankrupted each and every existing social program now intends to directly or indirectly control the health care of all citizens. Based on the government’s existing track record and the health care program’s enormous complexity, invasiveness and cost, the probability that it will become a national fiscal and humanitarian catastrophe is roughly 100%.
“Cap and Trade” is a multi-trillion dollar tax scam being foisted onto the American public without a legitimate debate or popular referendum. You might be surprised to learn that “Climate Revenues” are already included in the federal budget, starting with $79,000,000,000.00 ($79 billion) in fiscal year 2012, which begins only 20 months from now. During fiscal years 2012 through 2019, the government expects to collect $646,000,000,000.00 ($646 billion) in “Climate Revenues,” a completely new tax category. Have any of your elected traitors told you that they have enacted $646,000,000,000.00 ($646 billion) in “Climate” taxes beginning twenty months from now and continuing forever? These “Climate Revenues” are based on junk science, lies and hysteria, and have been pimped by greed-diseased parasites who seek to make billions from operating and manipulating the Cap and Trade “marketplace.” Favored elitists such as Hank Paulson, Al Gore, General Electric and Goldman Sachs, among others, have positioned themselves to profit from the nation’s upcoming Cap and Trade tax misery and economic debilitation.
The reality is that the giant Ponzi scheme called the United States of America is running out of money. In any Ponzi scheme, money must constantly be poured into the top of the funnel in order to pay the redeemers at the bottom. As the number of redeemers has grown, tax receipts have fallen far short of covering their withdrawals, a problem that has now become an outright government funding emergency further aggravated by the fiscal, financial and economic crises.
If the Washington and Wall Street Axis were not legally able to create and distribute counterfeit American money, the Ponzi scheme would have collapsed already. Trillions of new, out-of-thin-air, printing-press and electronic “dollars” have bought the Axis additional time, but new sources of revenue must immediately be found to keep the scam alive. Congress is fully aware of this reality. Outright tax increases would be bad politics during a recession that is morphing into a depression, and also bad for 2010 re-election campaigns, so they cannot be implemented. Therefore, Congress continues to advance the health care and Cap and Trade agendas, which are nothing but taxation Trojan Horses festooned in righteousness and sanctimony, despite overwhelming popular opposition.
If the nationalized health care program is passed, revenues and fees will kick in immediately in 2010, whereas costs will not begin to accrue until 2012 and later. The government plans to spend the revenues immediately to forestall a total fiscal collapse. Nationalized health care has absolutely nothing to do with health care; it has to do with creating an immediate revenue stream to help fix the current government funding crisis. Similarly, Cap and Trade has nothing to do with fixing the environment. It, too, is nothing more than a massive tax increase similarly designed to address the government’s epic funding shortfall, with thick slices of pork thrown in for privileged insiders and deceitful propagandists like bloated “Father of the Internet” and now “Savior of the World” Al Gore.
The last thing the Master Class wants is for the people to understand the disastrous state of the nation’s finances. Master Class brainwashing tells the people that it is “negative” and “pessimistic” to look at the facts, despite the fact that psychological health is characterized by the ability to identify and deal with reality. The Master Class wants the people to put on Bozo the Clown happy faces and let sugar plums and green shoots dance in their brains as they write one check after another to pay for Cap and Trade, nationalized health care, and a mind-numbing assortment of other taxes and fees.
On Sunday night, November 30, 2009, North Korea’s dictator Kim Jong Il (a name that says it all, even better than Made-off’s), an international poster child of Master Class psychological illness, devalued his country’s currency by 99%. This vicious tyrant, who has given birth to a national hell on earth, is chauffeured in Mercedes Benz limousines, drinks the finest imported whiskies and dines in imperial dignity on foods prepared by personal chefs while his citizens starve to death on the streets or, at best, eke out a subsistence living. Kim became paranoid that the people were actually figuring out how to improve their pitiful, impoverished lives in tiny ways, so he decided to wipe them out. The people were given one week to exchange their money at a rate of 100 old Won for 1 new Won. Any lifetime family savings in excess of roughly $700.00 were simply confiscated by the North Korean government. To keep the people in line, the military and police were put on high alert, fully prepared to kill or arrest any protesters.
On January 9, 2010, Venezuela’s strong man Hugo Chavez devalued his country’s currency by 50%, overnight and without warning, causing immediate inflation, shortages of food and supplies, and general financial chaos throughout the nation.
While you might be shaking your head in pity over the plight of the citizens of North Korea and Venezuela, ask yourself this: could this not happen in the United States?
On April 5, 1933, President Franklin D. Roosevelt, an Obama hero, outlawed gold ownership overnight by signing Executive Order 6102, which gave the people three and one-half weeks to surrender all privately-owned bullion to the government for a price of $20.67 per ounce. On January 30, 1934, nine months after collecting the people’s gold, Roosevelt devalued the dollar 69% overnight, by raising the gold price from $20.67 to $35.00 per ounce.
Since its founding in 1913, the Federal Reserve has devalued the dollar by 98+% thanks to endless money printing and debt creation, a corrosive and impoverishing process that is now accelerating. In the past year, the Fed has engineered $20+ trillion in bailouts, subsidies and guarantees for well-connected and lucky scavengers and opportunists, an amount equal to roughly 40% of the total private wealth created in this country since its inception. All because a few elitist government man-gods with an almost perfect record of error and failure have deemed in their imperial wisdom that it shall be so. The citizens, whose hard-earned wealth is being systematically destroyed by this continual, government-decreed monetary debasement were never invited to the debate or given a say, which is par for the course for dictatorships. This massive de facto devaluation now hangs over the people’s wealth like a great monetary sword of Damocles.
Conceptually, whether it is a 50% overnight devaluation in Venezuela, a 69% overnight devaluation in the United States, a 98% devaluation in America over time, or a 99% overnight devaluation in North Korea, what is the difference? The fact is: there is no difference; monetary debasements are all the same. In each and every case, the people’s wealth is stolen via government edict, while the people stand by helplessly and in shock.
So one must ask: For whom does the bell toll? A foreign “them,” or a domestic us? Who is to say that you will not be told tomorrow morning that, effective immediately, in accordance with some perversely named mandate such as the “American Monetary Security, Wealth Preservation and Terrorism Prevention Act,” enacted by emergency for “the safety of the nation and the financial well being of the citizens,” all existing currency and bank balances will be redenominated in “New Dollars,” at a conversion rate of 1 new for every 100 old currency units? Would this not simply be another, almost predictable act of defiance toward the American people by the Master Class? And if that happened, do you honestly believe that the Master Class would not have been alerted in advance and allowed to make special preparations for itself ahead of the devaluation? Do you think they intend to go down in the same ship as the people they defy? If such a currency devaluation were announced, what could you do about it? March on Washington? But how would you get there if your money had been wiped out?
Despite what you may hear from State Media, which includes virtually all establishment news organizations, particularly financial ones (e.g., CNBC), America is on the precipice. No bankrupt nation in history has ever defended or preserved the freedoms of its citizens. In fact, it has been the exact opposite: in desperation, bankrupt governments have routinely plundered their citizens’ wealth and imposed totalitarian controls. What will make things different for the United States, the largest debtor nation in all of recorded civilization?
The United States government cannot ever, possibly pay its debts, is pathologically incapable of controlling its spending or curbing its hunger for both domestic and international empire and persistently refuses to tell the American people the truth. If America’s citizens were told the truth and given the benefit of true leadership, as opposed to the guile and dishonesty of an endless array of political liars and hacks, perhaps they could rally and defeat the problems that afflict them. But instead, they are fed by the Master Class a steady diet of narcotic propaganda that deludes, confuses and enervates them. The truth cannot set people free if it is never told, and that is the essence of America’s gathering tragedy.
In a future article, we will detail specific developments you should watch for to chart the course of America’s ominous and potentially deadly national storm. The current, grave situation is already a clear call to action. When the signals become even more urgent, it will be late in the game to take protective action, and possibly too late. Citizens should begin to prepare now not just for financial survival, but for the personal security of themselves and their loved ones should a Category 5 economic and political hurricane rip into the nation, something that becomes more likely every day.
With respect to personal finances, in virtually every national currency devaluation and major political upheaval in the past, gold has represented sanctuary for the affected people. Gold has not just preserved wealth, but personal freedom as well. While governments can devalue fiat currencies, they cannot, by edict, devalue gold. Yes, they can try to manipulate its price, but unless all governments join in the collusion, ultimately the price will return to market. The market for gold is global, and demand exists in all nations and among all peoples. Should the government attempt to confiscate gold, it will be an outright admission that the financial system is collapsing, and the people will know better than to hand over to a corrupt government their only means of survival. The most important point is this: devalued currencies never rise again. Once they are destroyed, they are gone forever, and those whose wealth had once been denominated in them are wiped out. As you have no doubt heard before, not one fiat currency has survived over time, and that is an indisputable fact. More significantly, no fiat currency has ever suffered the abuse that has been inflicted upon the United States dollar, meaning that it is at extreme risk. Gold has been money for 5,000 years. It has not merely survived, it has prevailed over each and every fiat currency collapse throughout history. Given this, the most important financial question a person can ask him- or herself today is: How is my wealth denominated at this time? And given its denomination, is my wealth likely to be safe in current and evolving circumstances?
One thing is certain: as the epic David and Goliath monetary battle unfolds, between the people fighting to defend their hard-earned wealth on one side, and a Master Class that greedily and pathologically wants to plunder them on the other, the price of gold will become extremely volatile for a period of time. Volatility will, in fact, tell you that the War on Wealth has officially been declared, and will be your signal to do whatever you must to protect what is yours. As the government Goliath and its Master Class allies short tonnes of bullion into rigged futures markets in a desperate attempt to make gold look dangerous and risky, the Davids will be coming forth not just in the United States but from all corners of the globe, buying 10 grams here and one ounce there. There are 6.8 billion Davids, versus one diseased Master Class that numbers in the small millions. There is no way the Master Class can defeat the people, if the people finally rise up and say “No More of Your Plunder. No More of Your Cold and Soulless Financial Oppression. No More of Your Cynical and Godless Exploitation.”
If you find the above argument compelling, you should consider how to protect yourself from Executive Orders that could be issued at any time, under any pretext, and that could be extremely hostile to your financial and/or personal health and well being. One simple way to start is to purchase one ounce of gold for yourself and each member of your household, and much more if you can afford it. That is not financial advice; it is merely the common sense generously communicated to you by history.
Stewart Dougherty
Stewart Dougherty is a specialist in inferential analysis, the practice of identifying historic and contemporary patterns and then extrapolating their likely effects upon the future. Dougherty was educated at Tufts University (B.A., magna cum laude), and Harvard Business School (M.B.A. and an academic Fellow). He can be reached at stewartdougherty@cs.com. He is not affiliated with or compensated by those he references or recommends. He does not offer investment or trading advice, and nothing in this article should be construed as such. This article represents the author’s personal opinions, and nothing more. The reader has the author’s permission to share, print, forward or post this article provided that the content is not changed and the author is acknowledged.
For my brother Shtuey, and because I walk in the light. THE MONSTER STANDS WITH ISRAEL!
Reserved for the Department of Homeland Security
Nancy Pelosi is disseminating false information to try to scuttle the town hall meetings. If any one is showing up bearing nazi flags or wearing clothing with the nazi emblem they are infiltrators trying to cause trouble. No true American would go anywhere near a nazi emblem.
The average American who attends these meetiings is just there to let their representtives know that we are fed up and we’re not going to sit quietly and be walked on anymore.
Obama and Pelosi should be showing up their meetings wearing the sickle and hammer or the cresent moon and star, because they are communistic muslim sympathizers who are out to destroy America.
The images I have seen are of people with signs with the “ghostbusters” red circle and line thru it over Obama’s healthcare and a swastika. It seems other people think that eugenics is very fascist.
The White House Wades Deeper Into Character Assassination Against Americans http://bit.ly/1eQ2va
Obama Depopulation Policy Exposed! Ezekiel Emanuel escapes when confronted.
http://www.youtube.com/watch?v=yCYfWrg4WKY&feature=PlayList&p=F4396807DEC9CEA8&index=0
Take a few deep breaths before viewin.
OBAMA IS FASCISM IN AMERICA http://bit.ly/2XwI1P #eligibility #obama #healthcare #tcot
"WH Wades Deeper into Character Assassination Against Americans " http://bit.ly/2XwI1P Socialist or Fascism?
RT@ 10thAmendment"WH Wades Deeper into Character Assassination Against Americans " http://bit.ly/2XwI1P Socialist or Fascism?
This is a over all out line of why I post this, To think back taxes an gun rights or common defense and or self defense went hand in hand. Why cause in the end taxes could not be in forced on a free self governing people. The only way this could be is if in fact an only if a war was declared on our own soil. This was the mind set of those that knew all to well the facts of the history that lead us to the very war called the civil war and those that wish to would rule with the mind set of monarchy and aristocratic claiming to be able to act as kings or the kings Rule with out any action of accountability from any 0ne.1
That war the civil war was over Re-souces an the control….Money an who con troled the standard of given worth……workers…..and the last the rulers who would be emune…it has really not changed Much…2
Socialism leads to Nationalization and police states the very mind set that gave the world Hitler. That was all about killing unborn babies as a method of population control. More or less, When we can see Obama’s leadership flowing along the same lines as that, right down to dis-arming the people, and wanting judges like this Sonia Soto mayor that would not up hold the ability of a free self governing people to have a fair court trail, but we can see the leadership of Obama a man of Defense or the so thought leader of it that would jail a man for self defense to protect his self in his own home. Both of the ones above are very bad leader ship but thank God we have term limits, Free speech, Judiciary Contempt Congressional Judiciary Constitutional contempt degradation of dutdity ,Sanctum McGallium and U.S. Title 42 USC section 1983 and the reco act. 3
Hence for the history that lead to the use of U.S. title 42 usc sections 1983 Congressional constitutional contempt and or judiciary constitutional contempt from what Abraham and fredrick douglass knew from the Sanctum Mcgalluim the ability of a free governing people to be able to take those that are set to govern to court an or sue yes that means even if Obama gets out of line like he has. Again as it went or was to be taxes and war was so the government in action of defense could pay for the defense of the people and to be able to take care of them as said war was on going as like feeding them so on an so on as any said declared war was on going. As to fact of money to run any government after the fact of a war was to be a matter of free will giving as such was action of the church was with giving. be at it is tithing and offering Free will giving, as for defense or Common defense if you did not pay taxes you could not call on the help of United self governing free people. this idea was to help keep big greedy dicatorship out of ganing control. and becomeing tryants. like Obama is doing I mean come on think about it this last Goverment house meeting over the Cap an trade, when the forced unconstutitional tax leadership Obama group did everything they could to shgut the month of the paid voice of the peolpe.4
I would love to see the old day’s of Gun right’s come forward again with leading the way Miss. Palin showing up to goverment bebates with there Muskits yes I did yes Guns and I would be willing to say you would never ever again hear of this crap like with this last Cap in trade meeting or debate in Washington DC the next time you hear them say the voice of the people only has so much time to speak all you would hear is the sound of cocking of the hammer and the words how much time do we have….Gun right helps’ keep goverment small an honest Amen5
The bace of Goverment and Armed service was a lot closer to voluntary Service. Read the feduralist papers the historyical facts are a big worning about goverment bail outs (NO) it leads to bigger goverment let them fail. They use your taxes to back them up…6
That is what was to keep Big Obama mind set of government out of our country, We are seeing the fall out of this mind set today and around the world maxism as to bail out the Big goverment run UAW’s an the like it comes down to big goverment for goverment by goverment that is why at the bottom of the 1040 it reads voluntary if they want to get rid of big government people should just not pay those taxes. When was the last war declared on u.s. soil I think it was the drug war and in fact it was never a act by congress, up held by vote of the Nation. People need to read the foundation more and really start to lesson to Good old Rush Limbaugh and Dave Rasmy more and know you know the rest of the story, personally I think the native Americans should be given this bail out if in fact it is going to be as they say it is a paycheck ..I say give it to end the wait of the oldest law suit still unsettled in our courts waiting after what the Gold Rush and the Daws act 1887 that took the land from them that we get the very gold and resources that backs the very money this bail out up holds. Let them decide who gets what for a change. anything but what Obama wants let them if they wish give out of free will….7
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I could not for get I say give the Native Americans the control of what the real -a state companies have and that will in a real big way change government fast why how much land is own by government people… Is that not what the federalist paper spoke for not to happen hence forth the problems with Big money and big government. I find this mind set of those that claim to understand anything of government at all in fact as it comes to this bail out thing is a pay check thing that will last one time what is the point of reducing the interest rate to a person effected by the fall out of foreign over load of Marxism minds the very jobs are still not here, Community incubator systems like what the Amish are is a better answer again the history of Jews the past needs to be read the mind set of charging interest for things It as far as I can read WAS A BIG NO..NO..why are those that say they are so smart saying it is a good thing to let creadit cards be what they are charging more for the thing is worth and then when thing go to crap we are bailing them out that makes no sence at all…better is to give than it is to recive..as for jobs it is like this there are just so many jobs an so many people to work these jobs so many places to build places and so much re-sores….in the end taxes paid out of free will a tithe like the church would run smaller goverment an take care of those that can not work for what ever reason facts are facts…9
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charging interest big NO NO the jews knew this long ago they knew to have every 7 years a wiping clear of dept because they knew money was worthless, As for money being worthless I look at the Native Americans and the gold rush ie the maddness of the yellow Metal that drove men crazy they put more worth on the worthless metal that you could not eat rather then the Meat an or game that would feed them cloths them an the like…As for the present day forced taxs we already have put a flat tax mind set forth it is called sales tax not as that I agree with forced taxation at all if you think about it the mind set of the church and giving is it or does not it sound alot like the sales tax, the over all fail of government starts with the courts in this country time served is time served again probation and parole is a intrusive government made with the mind of war in action running a free people. All these state founded rehab centers and the like are part of it and need to be restructured badly.and any company that supports the after the fact… The people have the power to change this Nation just do not pay the taxes and after a while they will look to those that would be willing to (tithe) or give with out strings that would start the new structure of government why because you would have gotten rid of the Greedy Leaders. big Industry and big government has failed why is Obama trying to patch the holes of a sinking ship…in the end it is not up to him it will be those the people that act to change like deleting credit card companies …..McCain was trying………As I understood it that is why he was trying to push the flat tax…one we already have it is called a Sales tax…I really see the repeat of History that lead us to as a people detors jails….we are dealing with each day with our courts with jail over crowed by big intruisve action as in parole and probation and all the companyies used to provide so called services after a perosn get out of jail just to keep big government up an running. Time served is time sevred the check and balance system was a 20 dollar Gold Peace and a horse still on the books and in the Constutition it talkes about just compensation anything the goverment takes they are to justly give some of worth,,,the greatest of check an balances in the USA…if they would aply it our jail would not be as over full.
Why?11
we can see the out come of over seas owned and products suppoted stocks….Go foot ball pay them millions a year get rid of the church jerry Springer rules it gave us Obama. A man that would not up hold defense in his own country as a leader of Common defense enforcing taxes with no war on the soil he govern…being showed the way by the anti-gun…anit- ten commandments working with the ACLU that does every thing to work the UN to stop teaching the bible…trying to disarm us is that not the same kind of thing Hitler did.12
but thank Almighty there was those Like listed below 13
Thank you warriors for keeping us safe Common defense, May The Uncreated One Yahweh be over Common Defense; Police, S.A.C., F.B.I, N.S.A, C.I.A, Army, Navy, Air force, Coast Guard, U.S.M.C The Core Semper Fi, Always Faithful, Live free or dig your self a deep hole. Faith with out a just action is a worthless faith, Love drove a nail in its hand to show us many things One Being One mans sacrifice Maintains another’s Freedom’s by actions of Mercy some times answering the call to arms. For freedom starts with prayer, Love and respectful tolerance leads us to actions of Mercy, Mercy is actions of forgiveness and that leads us to peace and Peace is Freedom and Freedom is and will always be found in Common Defense. God Country Family Core, we get our right to keep and bare arms from the Jews the king that said Jews from this day forward shall have the right to defend self for he understood that through greed evil smiles through insanity evil sings. 14
In Jesus Name was this nation foundation founded on! Secure in ones own home and self…..and this mind set of government lets have many faiths living with out war’s15
“To be able to live with out fear of retribution from a government”…Jesus’ words “I did not come to condemn but to be a light there for in”…freedom speech…proverbs 27.5 better is an open rebuke then a concealed love.16
I am posting a poll thingy here on writing.com and story write…..Come and see17
Question Number 18
(1.) Would you have protested Obama’s inauguration and why?19
Question Number 20
(2.) Obama has given his word to help the Native Americans21
Do you think that the Native Americans should be paid the land taxes to end their waiting for the just compensation from what the Daws Act of 1887 and the Gold Rush Did to them, as it is the oldest Law suits in U.S History are Still un settled are with the Native Americans over land. Should the rest of the unsold land that rest in the hands of real a state agents should it be given over to the Native Americans to let them decide what to do with the money and land and the resoreses.22
as for this pay out thing for the Nation personally should native Americans should get it all and call it even oh yes and the rest of the land, after all if was not for them and the land we took we would not have the GOLD all this money backs up any way end there wait. I say give them hafe what Gold up holds. 23
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Question Number 325
(3.) If you do not agree with Obama being in office, would you Stop doing anything Like going to companies that are know to support him.26
Question Number 4.27
(4.) Do you think it is right of Obama to take office but yet to have fought to keep the votes of the troops fighting over sea from counting? oh yes why have they not held the election over again sence all the 2 times voting from Indiana I.U. Students…28
(5.) Do you think he is a Good leader as he to be according to the nations foundations with the leader of common defense and self defense, but yet he would not uphold defense in the usa as to the man he help make sure went to jail for defending him self in his own home from a intruder. With a gun! Check out the N.R.A for details. Heck even supporters of Communism up hold defense! should we look back the cold war cuba an Emperor’s bomb October 1961 tsar the old Soviet Union29
(6.) If in the end Government was to be for defense (Common) and the general welfare of the people to take care of them as taxes to fund it all only in force-able if in fact a war was declared or our own soil for defense of the people general well being. Hense forth why taxes are truly voluntary after the fact of war. Then why is he calling for bigger government the only war that has been declared on our own soil has been the war on drugs and that was not an action by congress. Or was it! upheld by the vote of the nation. The facts about the (Pot) drug wars what happen to the up holding of the Genvea convention you could not jail any one and or hold or try any one for crimes of war till the war was what over…leave the Pot alone teach it for what it really is. a medical thing from God… look at history is was used with world war two they deeped the cigerats in hemp oil to treat PTSD. oh yes Drug testing we can the facts of Obama mind sets that will not up hold the Nations foundations why cause drug testing is self in crimization..What happen to being able to be sucure in ones self an home with out fear of the goverment….if the genvea convention was good enough for Nuremburg and the S.S. I mean come on…30
(7.) And this one is it really smart to elect Obama being of Islamic Back ground and two he voted to give 7 main sea ports the control of them over to Islamic nations as we fight an Islamic holy war? common sence 101 those that control your sea ports control what ?31
and this new thing I hear of Obama siding Not with Israel…and keeping what so many gave there lives to stop what Hitler was doing…..32
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(8.) why is Obama spending tax money on over seas adorations i.e. paying another nation to kill babies so in the end he is making money through his bigger government to found it all and as I understand it is this action is to work to keep on with the stem cell research..Obama and those that follow him are baby killers that get paid….to up hold his big Goverment your tax Dallors Killing babies..Hitler was doing the same things Nationallizing everthing making a police state agreeing with killing unborn babies for a pay check Wake America!34
Leaders Like him up hold Gays being payed to say we are Married…Not smart…The word it self married means if people would look at the historically Facts would see it means ……..(Sex.. Joined to make Life….)..35
Gays Complain about rights…Well think about it They have there rights.. to be able to be secure in ones own home with out the fear Of Government….36
Our foundation as a Nation Was founded on the words Of The Great I am…so people could live free with out (religion) view’s burning ever one at the stake that did not think like them….He said and mind you he was killed for Money…I did not come to condemn but what be the way…Respectable tolerance Mercy…37
Wachewlapee Compassion…..38
(9.)the last one when are they going to starting telling why the old TV systems are going off line To witch in come this February the old Rabbit ears TV is going off line because of many reasons one being cross frequency problem and acoustic plague problems yes there are cases of people’s ears with the high pitch ringing in them and or more problems with persons thinking clearly from the hike in from all the cells phones…a local fire department has declined the use of heads sets cause of the confusion it can cause…read more about Nicola Tesla and his warnings around the use of wireless waves on the minds of humans. The S.S. used a great deal of the wisdom that come from pre hilter movement from the usa some of that like was in Bloomington Idiana louisVille Ky and the old Central state hostpital again some of this tect stuff came from studding the effects of radio waves by cutting the tops of heads off live people mainly the mentally ill and or orphans and those in jails with not hope of getting out… poking and prod there brains to see what worked and how. It was the mis-use of the Urim Thurimm the ephod the understanding of the geomagnetic anomalies of The uncreated one Yahweh God and its effects on the minds of man…..and is the base for the book I am working on.39
As for Obama as a Child of God we are the same as for his leadership I think he was the wrong one….40
(10.)41
Sonia Sotomayor if she would not give a court date so one could have a fair trail that is a tyrantical traitor… judiciary constitutional contempt…she needs to be kicked out…Dis-bar-ed 42
I would love to see the old day’s of Gun right’s come forward again with leading the way Miss. Palin showing up to goverment bebates with there Muskits yes I did yes Guns and I would be willing to say you would never ever again hear of this crap like with this last Cap in trade meeting or debate in Washington DC the next time you hear them say the voice of the people only has so much time to speak all you would hear is the sound of cocking of the hammer and the words how much time do we have….Gun right helps’ keep goverment small an honest Amen
U.S. title 42 usc sections 1983 Congressional constitutional contempt and or judiciary constitutional contempt from what Abraham an Fredrick Douglass knew from the Sanctum Mcgalluim the ability of a free governing people to be able to take those that are set to govern to court an or sue
Term Limits free speech Voluntary Taxes and Gun Right keeps Goverment’s Small and Honest
Good Book to read A Conservative Manifesto Liberty Tryranny
By Mark R. Levin
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Anderson, {Nauck} has granted Writing.Com, its affiliates and syndicates non-exclusive rights to display this work.
WTF?
GG – I was thinking the very same thing.
I completely agree. The United States Government has been kissing Russian ass for so long, the U.S. Government actually believes that Russia is more evolved than we are. The fact of the matter is the U.S. Government treats it’s citizens like lobsters in a cage. Giving assignments to people to stand outside the cage and push the top lobster off the top, all the while keeping mound of lobsters intact. Incarcerating innocent United States Citizens with false witness testimony, propaganda, in order to provide the state with funds. Targeting hard working Americans the Governments knows will work while they are incarcerated. Making chairs, desks, filing cabinets, for library’s, employment offices, and others Government offices. According to Congressional Quarterly’s 100 commonly asked questions by Patricia Barns, false witness testimony is the #1 reason for appeals in the United States. Not only that, but poor people are the targets of prosecution as well. It’s legalized slavery.