There's a long cold winter in the forecast.
There is some very interesting information about the economy. The part that I see first hand is all the layoffs locally [L.A.] I hear that there is no wait now in nice restaurants.
The last great dperession was supposedly the result of,,, no money.
That pompous SOB, sir Alan Greenspan said that he could completely bypass the Kondratieff winter. He figured that all he had to do was pump in liquidity. It takes a dumb-fuck to believe that liquidity is the same as wealth. He bet the whole world economy and now he's gotten out of Dodge. It doesn't make me feel too confident about the outcome of him screwing with the money supply. The dollar has lost 40% in 2 years.
Ford is worth 7.8 billion but has 117 billion in outstanding debt. Most U.S. corporations are far behind about paying into their retirement funds,,, to the tune of a few hundred billion.
GOV isn't doing any better at retirement money;
The federal government recorded a $1.3 trillion loss last year â€” far more than the official $248 billion deficit â€” when corporate-style accounting standards are used, a USA TODAY analysis shows.
The loss reflects a continued deterioration in the finances of Social Security and government retirement programs for civil servants and military personnel. The loss â€” equal to $11,434 per household "
At the center of the whole criminal scheme is the FED. It's just a private corporation that prints our money for the GOV.
When Woodrow Wilson signed the bill authorising the FED he Said" I fear that I have destroyed my country" Well, now there's no doubt. Last year the FED created gazillions of dollars out of thin air and loaned them to the GOV. GOV paid 400 billion dollars interest for the loan of this money. Year after year, the bankers who own the FED siphon off billions. All it costs them is 3 cents to print a bill.
JFK started printing US bills,,, not Federal reserve notes. It got him a bullet in the head. Lincoln did the same [before the FED]
This site has a good graph of the money supply.
http://www.howestreet.com/articles/inde ... le_id=2463
They're printing money and instruments so fast that GOV quit reporting M3 moneyt last march. Americans are so accustomed to a steady currency that they don't pay any attention.
GOV will do anything to keep americans from saving money. The pundits are all talking about the economy being strong. Shoot, the stock market is doing soooo good,,,,who needs earnings? If the consumers loose confidence, the whole thing comes down.
The carlysle investment group figures that the whole financial system will collapse in 18 months. The International Forcaster says,,,this october. Who the hell knows?
The U.S. has been hollowed out. The capital is going overseas with the jobs. Gates got out of the dollar 2 years ago. Now, he's gotten out of the stock market.[buys a dollar and sells 64$]
There is some doubt if the U.S. even has ownership of the gold in it's vaults;
http://www.conspiracyplanet.com/channel ... 222&page=2
Everyone who holds dollars is dumping them and the foreign central banks are having less and less efffect at supportinng our sinking currency. The U.S. consumers will be the last to find out.
I wish luck to you all. There might have been a possibility that sir Alan could have turned things around, but with the mad texan spending monay that never existed, I doubt that it's possible to avoid a long cold winter.
I don't post things because I believe that they are the absolute truth. I post them because I believe that they should be considered.