How could that be possible?

Within 30 hours our currency tanked 14¢ on the US dollar. It doesn’t make any sense.

Everything is being manipulated and choreographed.

The derivatives market made a few people and lots of banks an ENORMOUS amount of money. We now “owe” that system the equivalent of the GDP of the entire planet in losses … around $60 TRILLION. These are insurance policies that they wrote on the the same assets over and over and over and over again. In the real world, writing duplicate insurance policies on the same asset is called FRAUD. When bankers do it WE owe them when the market goes down. When the market goes up they take in billions. These are all imaginary asset bubbles. They are NOTHING! Yet the world has to repay the banking system because it is showing a $60,000,000,000,000 LOSS on their books. The message has been clear. Pay off OUR debts or we’ll have no choice but to allow the financial world to collapse completely.

Why can’t governments simply declare the derivative losses as fraudulent and hence null and void. The sub prime disaster would work itself out in 6 months. The enormous derivatives losses will drive us into a depression the likes of which can only terminate with massive global conflicts to take our minds off our troubles. China will experience 300++ million workers out of a job and many, unlike 80 years ago, can not just go back to their farms. They are going to be pissed, hungry and looking for somebody to blame!!! And that’s just China!

The big banks associated with the Federal Reserve in the US have dumped around 30 MILLION OUNCES of GOLD on the market to cover some of their “shorts” and temporary losses. This, again, isn’t real gold. They are gold certificates only. Gold has dried up in the world. Demand is still growing, production is down in many areas and gold remains constant on the markets. It should be flying right now. Because the banks have dumped so much “gold” (paper) on the market it is barely above $800 most days!

Reverse that manipulation by the banks. Say the gold miners started printing US dollars to drive the price of the dollar down. Clearly illegal. Called counterfeit. Frowned upon by police and governments everywhere. If the miners did it they’d get arrested. The banks do that same thing to the miners and gold producers and investors and … nada … nothing. Perfectly fine.

Tell me this isn’t all BS. Tell me this isn’t all manipulated by a few to consolidate their assets and to hell with the rest of the world and our pithy little lives.

We need to bring back the guillotine!!!!

If you really want to know the truth, watch this documentary made in 1996. The last hour will blow you away.
http://video.google.com/videoplay?docid=7757684583209015812&q=&hl=en

is that like ? hey, no policing ?
how long would products stay on the shelves if no one prosecuted theft ?

Fascism. Hitler and Mussolini would be proud of Bush and his cronies. Naomi Wolf in her book The End of America, A Letter to a Young Patriot does a nice job of examining the ten steps towards fascism that countries take and where the U.S. is on each.

Will Obomba try to nationalize certain aspects of our means of production? Most certainly. Will McWar seek to expand the role of the executive branch(he is calling himself a Teddy Roosevelt Republican now)? Yes.

We will be fighting hard against socialism that we fail to defend against fascism – government partnerships with industry cartels. Prime example – the Fed.

Dan@7:35AM, above, good point. We are getting a chance to live through the same circumstances that occured in the 1910s. You know the owners of the FRS(the banks owning capital stock in the Fed – names not publicized) are getting a nice look at the books of all member banks and preparing to eliminate the competition.

Look for the House of Morgan to come out of this very nicely.

Watching Fox Biz & others push this Fed lie is really getting quite old now.

Grow a backbone America throw the bankers out!!!, PLEASE take your country back, or move to France!!

Then they would understand!

Our only hope is that at some point all the presses break down.

Remember depression-1. Beaucoup money just lost everwhere and WW2 was not far away. Think the Washington political playbook has this recurring option in it? Can only wonder who they would make us hate to start it?