It's called the CREDIT CRUNCH and the FED is
making it happen, again! Banks will not be able to
take this stress and many may go under (They Did)
 
 
 
"He who prints the money, makes the rules"
Appropriate since the "Gold" version does not apply any longer.

 

 

 

Funny, when the U.S Treasury printed our money we never had

massive boom/bust cycles or inflation OR a national debit!!

 

On the money below you will not find the words "FEDERAL RESERVE NOTE"

 

 

The FED stopped reporting M3 money figures a few

years ago without any explanation. I wonder why?

While the Fed furiously prints money it is strangely absent in our local economy.

A "CASH FAMINE" (Crash of 1929) / De-funding the "American Dream" (2008)

 

 

FDIC report shows that banks are about to hit the pavement FACE FIRST! (5-24-08)

 

What is the real reason we consider IRAN an enemy all of a sudden?
 
Answer! They are simply rejecting the use of dollars in oil trading!

 

 
 
The Iranian Oil Bourse establishing Euro-based pricing of oil is set
to open on February 17th 2008 and could have devastating effects
on the US dollar (It did, that's why the bailout happened)
 
 
Currently all three major oil markets (WTI, NYMEX, IPE) trade barrels of oil in US dollars. Consequently any country buying oil needs dollars to pay for it. This enables the US Federal Reserve to issue huge volumes of dollars to meet increasing demand for oil. In return oil producing nations invest dollar proceeds in US treasury bills, allowing for the current US budget deficit.
 
But this balance may become unsettled after a fourth major oil market opens this month, trading in Euros: the Iranian Oil Bourse (IOB).
 
Unlike other bourses, the IOB relies on a peer-to-peer trading model, using the Internet. IOB has been in the works for several years and encountered many hurdles on the way, the last of which are severed underwater internet cables creating an Internet outage throughout the Middle East days before the IOB's opening and prompting conspiracy theories. In recent years the US has outfitted some of its submarines with the capability to splice optical fiber underwater so these theories may not be far-fetched

 

 

WE MUST GET ON RENEWABLE ENERGY BANDWAGON NOW!!

 

 

Hit 2240-Times

 

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