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Rumor Mill News Reading Room Archive


TRUST THE FEDERAL RESERVE --- HARDLY ???

Posted By: Questionnairy
Date: Friday, 21-Feb-2003 21:28:48

In Response To: NOW JUST WHO CAN WE TRUST ??? (Questionnairy)

THANKS RON N. THERE'S STILLO MUCH FOR THE PUBLIC TO LEARN ABOUT THE FIAT MONEY SYSTEM --- HOPEFULLY BEFORE IT'S TOO LATE.
AND THANKS TO ETHERZONE, TOO. Bob H.

The following e-mail was sent to you via Rumor Mill News Reading Room Forum from Ronnb (ronn@cognisurf.com)

***********************************************************

Re: NOW JUST WHO CAN WE TRUST ???

http://etherzone.com/2003/rive022103.shtml

THE U.S. GOVERNMENT IS DYING

FEDERAL RESERVE SYSTEM... ITS "STAKE IN THE HEART"

By: Michael Rivero

The US Government is dying. Its ultimate fate was sealed
the moment the Federal Reserve Fiat money system was put into
place. Like a recreational drug user enjoying that first chemical
rush, those who created the federal Reserve luxuriated in the
seemingly endless flow of money pouring forth from the Federal
Reserve, money used to prolong and consolidate power, money spent without worry in the full knowledge that it was going to be someone else's problem to pay it all back.

But now the US Government is paying the price for that glorious
free-spending time of so long ago. Like a recreational drug user
now turned hopeless addict, the government has taxed profitable
businesses into seeking friendlier homes in other lands, and has
turned to looting trust funds and playing bookkeeping games
trying to hold off the final collapse...

The U.S. Government is Dying: No longer able to conceal the
financial losses, the US Government, like a desperate addict, is
turning to crime as a source of funds, crime on a global scale,
conquest, war for profit, call it what you will, an invasion of a nation is different from an invasion of a home only in scale.

The US Government has been making bad decisions since at least
the 80s. In hindsight, a government composed almost entirely of
lawyers should not have been expected to know anything about how
to run an economy based on manufacturing. As a result,
legislation was passed that encourage manufacturing to leave this nation. The lawyer/politicians, rather than admit error, tried to conceal this loss by inventing the "service economy", a
ridiculous notion that one can prosper a nation by doing each
others' laundry for a fee. The service economy did not bring
money into the nation, it merely moved what was left around
faster, increasing opportunities for taxation. The effect of this was that cash flowed from the people to the government, good for government struggling with a crushing debt load, but bad for the people for the nation, 80% of whom suffered a steady decline of living standards throughout the 80s and 90s.

Minus the manufacture of actual products, investors flocked to
more speculative ventures, many of which turned out to be
gigantic stock manipulation swindles.

But rather than address the problems, the government started
playing its own bookkeeping games, looting Social Security and
claiming it was a budget surplus. Knowing that the stock market
was in trouble, the "Plunge Protection Team" was created to use
government sanctioned rigging to keep the numbers high, as a
political banner, even though such activity made the underlying
problem of over-valuation much, much worse.

The loss of manufacturing to other nations meant that Americans
had to buy more and more products once made in the USA from
companies in other nations. This created the present $1.5 billion a DAY trade deficit. Normally, such a trade imbalance would drive the value of the dollar down, but a devalued dollar makes that portion of the government debt held by foreign interests increase, since the debt is held in the currency of the lending institution.

This was the rock and hard place the US Government found itself
in. So deep in debt it cannot even make the interest payments,
unable to sell products to generate revenues to pay that debt
because manufacturing was taxed into relocating, and a threatened collapse of the dollar that would force a default on the debt and ruin the standard of living Americans had worked so hard to achieve.

From that perspective, a war of conquest to grab oil and to force
the conquered nations to use the dollar to keep demand for the
dollar high looks like the best option for a bankrupted
government.

But is it best for the people?

Let us say for a moment that we do go to war. Let us say we
conquer several nations and force them to use the dollar. How
does that change life here in the United States? We would still
have a totalitarian government deeply in debt. To maintain its
legitimacy, that government would still have to shackle you and
your children to that debt. We still would not have a tax system
conducive to creation of new manufacturing in this country. In
other words, even winning the war would not improve our lives.
All that would be accomplished after all the blood was shed and
the money was spent was that the very same people who got us all
into this mess would continue in power.

Let's try the other option. Let's say that the US Government,
unable to initiate a war, or starting one but unable to carry it
out, watches as the world switches to the Euro, and the
over-valued and frankly worthless debt-stricken dollar collapses.
The Federal Reserve collapses. The people will not tolerate
another "bail out" especially of an institution which has been
such a curse on the common man. As the banks and stock markets
collapse, the US Government will get dragged down with the whole
mess.

But the people will still be here. Those 288 million Americans
and their skills, will still be here. And like our Founding
Fathers they will simply form a new government, one that starts
out free of the huge debts run up by 100 years of reckless
spending by the old government, a government made up, not of
lawyers, but of teachers, engineers, doctors, the people who KNOW
how to make a civilization work. Yes, there will be a time of
confusion, as was the case when the USSR collapsed. But as was
demonstrated in the new Russia, following that confusion will be
a time of opportunity for all the people with the strength and
courage to take advantage of it.

Bush wants a war to save the present government. And by
supporting his war with our money and the blood of our children,
all we buy is more of that same government.

"Published originally at EtherZone.com : republication allowed
with this notice and hyperlink intact

**************************************************************
i can't believe anyone in our government is that stupid. can you ??? Bob H.

: THIS ARTICLE RECEIVED VIA E-MAIL FROM MY FRIEND SAL G. , WHO
: HE SAYS HE GOT IT FROM A "BLUE ALIEN". bUT I
: DON'T DOUBT IT'S TRUE AS I NEVER COULD TRUST THOSE CONGRESS
: CRITTERS. CAN YOU ??? Bob H.
: ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

: This was forwarded to me from a friend..."Blue"

: Can you imagine working for a company that has a little more

: than 500 employees and has the following statistics: > 29
: have been accused of spousal abuse

: > 7 have been arrested for fraud

: > 19 have been accused of writing bad checks

: > 117 have directly or indirectly bankrupted at least 2
: businesses

: > 3 have done time for assault

: > 71 cannot get a credit card due to bad credit

: > 14 have been arrested on drug-related charges

: > 8 have been arrested for shoplifting

: > 21 are currently defendants in lawsuits

: > 84 have been arrested for drunk driving in the last year

: Can you guess which organization this is? HUH???

: >

: > Give up yet?

: >

: >

: > It's the 535 members of the United States Congress.

: >

: > The same group of Idiots that crank out hundreds of new
: laws

: >each year designed to keep the rest of us in line.

: +++++++++++++++++++++++++++++++++++++++++++++++++++++

: MORAL TO THIS STORY --- WOULD YOU TRUST A GOVERNMENT FROM
: EUROPE ANY MORE, A GOVERNMENT GROUP THAT ARE NOT ELECTED BY
: ANYBODY FROM THE UNITED STATES ??? Bob H.

Articles In This Thread

NOW JUST WHO CAN WE TRUST ???
Questionnairy -- Friday, 21-Feb-2003 19:19:00
TRUST THE FEDERAL RESERVE --- HARDLY ???
Questionnairy -- Friday, 21-Feb-2003 21:28:48
CAN WE TRUST THIS PLAYER ???
Questionnairy -- Friday, 21-Feb-2003 21:36:41

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AN EXPLANATION OF THE FACTIONS