http://www.prisonplanet.com/dollar-plunges-after-un-call-to-ditch-greenback.html
Alex Jones breaks down the takeover by offshore banking powers– newly empowered by Congress’ banking “reform,” expanded taxes worldwide, as well as accelerated moves towards ending the Dollar’s reserve status, including urging from a recent United Nations report.
This Fourth of July, the United States is indeed in peril; it is not only the Gulf Oil Spill, Russian spies and threats of war with Iran which Americans must worry about. Instead it is the quiet but deadly conquest by private, central banks, who lobbied Congress to once again vest new powers in the Federal Reserve and, by all indicators, further weaken the U.S. economy through its future actions.
The financial crisis has indeed been developed in such a way that no nation can ever repay all the debt, and control by global economic forces is all but inevitable.
“This is as big as World War I or World War II,” Alex Jones comments.
“What is happening now is bigger than the banking takeover of 1913… it is a worldwide financial coup d’etat.”
Duration : 0:10:42
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Only 5% of the world have a roof over their heads, change in their pockets, a bit in the bank, enough food to eat and the freedom to worship as they wish.
Duration : 0:6:40
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http://www.americanprogress.org/issues/domestic/taxes
Center for American Progress Senior Fellow Christian Weller disputed suggestions that taxes ought to be reduced for the wealthiest Americans on CNBC’s Kudlow & Company. 8/30/07
What if 40 hours a week were enough?
THE CENTER FOR AMERICAN PROGRESS
www.AMERICANPROGRESS.org
Duration : 0:5:10
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http://thisismylife.co.uk – People really have a funny opinion about banks. They think somehow theyre great conservative institutions after all, they have a lot of money and they spend some of it decorating their bank buildings in a very serious décor; bankers usually dress well, they wear suits and ties, and they have serious expressions on their faces.
In fact when you really look at what banking is as its practiced today its one of the greatest scams. Were talking about the fact that the banks create money out of nothing, and then they collect interest on it. Now thats the basic scam.
Heres how it works. Lets say that the government needs to have much, much more money to spend than it is taking in in taxes. Politicians like to spend money because the more they spend for benefits, for the voters, the more votes they get. How can you spend more money than you take in?
The answer is very simple: you borrow it. Well, thats the same with you and I if we want to spend beyond our income, if we have some credit we can go to the bank and borrow money. Well, that works for a while but sooner or later the loan has to be paid back plus interest. And so, you and I can do that only for very short periods of time. But in the case of the government, its unlimited amounts of time.
Now, the money that comes from the private sector you and me and savings institutions, retirement plans, other countries, and so forth that money is already inexistence but theres never enough of that. They need more the government needs more than what they can get from people who already have money to lend to them. And so now, the spillover comes when they want more than they can get that way they go now to the Federal Reserve System.
And by prior agreement, the Federal Reserve will create whatever amount of money is necessary at that point. That takes care of the government, why are the banks in this thing?
Well, lets follow that money, that was created out of nothing for the government and see where it goes. It goes into the private banking system. Lets take $1000, for example, that has been paid to a postal worker who delivers our mail. Hes working for the Federal government. Now, hes got $1000 in a pay check that came out of that billion dollars that was created out of nothing and presented to the Federal government. So now were just going to trace a thousand dollars of it that comes to the postal worker. Hes got a paycheck now, he doesnt imagine that that money didnt exist a moment ago or yesterday, and he doesnt care, it looks like a good check to him banks will accept it, everybody will cash it. So he takes it down to his local bank at the end of the street there and deposits it into his account.
Now if I were a president of that particular bank that got that deposit, I could in a sense go to the people out there in the bank lobby and say: Attention, everybody, I have some good news. This gentleman here just deposited a thousand dollars into our venerable bank. And thats good news, because a lot of people in the bank are there to borrow money, so they know when the bank has money to loan that usually means lower interest rates. So somebody might ask me, well, how much did this person deposit? And I would say, he deposited $1000.
And then this person would say: Well, thats not enough, I want to borrow $9,000 on this car Im looking at, and $1000 isnt going to cut it.
And I would have to say when hes talking to the depositor in the bank, dont worry about it, this banking business is more complicated than you can possibly imagine. We can lend you the $9,000, even though we only had $1000 deposited.
And if anybody asks how is that possible, the answer is: dont worry about it, its possible, its legal, we can do it. We create the extra $9,000 out of thin air. The $1000 is deposited and we can create up to $9,000 on every $1000.
A Second Look at the Federal Reserve: http://moneysoft.blogspot.com/2008/02/killing-fed-part-one.html
Duration : 0:5:40
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http://awesome.goodmagazine.com/goodsheet/images/goodSheet_006_Economy.jpg
Duration : 0:5:39
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Chapter 5 (Growth Vs. Prosperity): Contrary to what we’ve grown used to, growth is not the same thing as prosperity. In fact, growth and prosperity are both dependent on the same thing: surplus. Dr. Martenson explains how we’ve been conditioned to want, and to take, both growth and prosperity; however, we are approaching the limits of our physical, finite, earth – the amount of surplus is steadily declining.
Chapter 6 (What is Money?): What is a dollar? Sure, it allows us to buy things like food, cars, and iPods; yet, most of us don’t really understand money beyond that. Dr. Martenson not only provides an understandable definition, but also explains what gives our green pieces of paper value, and what dangers any currency must face.
http://www.chrismartenson.com
Duration : 0:10:0
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The Organization for Economic Co-operation and Development invited Israel to join its ranks. The group makes up the worlds 34 wealthiest economies. Israels Gross Domestic Product Per Capita stands at around $30,000, putting it ahead of several members of the European Union. Israel has been one of the best performing Western economies in recent years, with annual growth around 5%.
Duration : 0:0:28
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Nouriel Roubini Chairman of the RGE Monitor tells Maria Bartiromo that nationalizing the banks in the United States is a good temporary move. He also talks about a trip around the world that showed him collapsing economies around the world.
Duration : 0:9:8
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Complete video at: http://fora.tv/2008/08/07/Steve_Forbes_Elections_and_the_Credit_Crisis
Forbes Magazine Editor-In-Chief and two-time Republican Presidential candidate Steve Forbes slams U.S. tax codes as inefficient and overly complicated, and argues for the implementation of a national “flat tax” to replace the current system.
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Leading economic prognosticator, Steve Forbes says the upcoming presidential election is the most critical since 1980. At that time, Ronald Reagan defeated incumbent Jimmy Carter, ushering in dramatic new policies that would set the course of this country for the next quarter-century.
What course does Forbes believe the country should take to end the current credit crisis? Will he promote a flat tax, medical savings accounts and a new Social Security system as he did for his 1996 and 2000 presidential platforms?
Join us as we discuss what’s next for the U.S. economy – The Commonwealth Club of California
Steve Forbes is President and Chief Executive Officer of Forbes and Editor-in-Chief of Forbes magazine.
Since Mr. Forbes assumed his position in 1990, the company has launched a variety of new publications and businesses. They include: Forbes FYI, the irreverent lifestyle supplement; Forbes Global, the magazine’s international publication; and Chinese, Korean, Japanese, Brazilian, Russian, Arabic and Hebrew editions of the magazine. Forbes also publishes the Gilder Technology Report, as well as a number of investment newsletters.
In 1997 Forbes entered the new media arena with the launch of Forbes.com. The site now attracts over seven million unique visitors a month and has become the leading destination site for business decision-makers and investors.
Duration : 0:3:48
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http://seiu.org/bofa Taxpayers have given Bank of America $25 billion in bailout funds to help jumpstart our economy, but instead the bank has misspent on executive salaries and corporate jets. Then Bank of America took even more money from cash-strapped states by not paying for workers healthcare.
Its time for Bank of America to use its taxpayer-funded windfall to support a real economic recovery and provide health care for its 247,000 workers—or give the money back.
Duration : 0:0:41
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