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The American Meltup

This is a discussion on The American Meltup within the The Political and Social Snake Pit forums, part of the Current Happenings category; I sure hope folks take some time to watch at least that last video. Originally Posted by NoAngel2u Ok, well ...

  1. #11
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    NoAngel2u is offline Senior Member
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    I sure hope folks take some time to watch at least that last video.

    Quote Originally Posted by NoAngel2u View Post
    Ok, well the dems are not the anti-venom, and neither is Obama, and the reps aren't the venom for that matter. They are the 2 heads of one snake, and they are taunted and kept at odds with each other by the handler. The question is, who has that snake by the tail?

    Answer: The federal Reserve

    Quote Originally Posted by ColdCase View Post
    Fuck them....I hope Obama finds a way to stick it to them...lay a line in the sand and shout out loud and clear to remind the people WHO is fucking things up. Apparently you people need to hear it over and over again.
    Quote Originally Posted by ColdCase View Post
    You people are so easily scared and duped.....the president needs help from THE PEOPLE.....
    The President got help from the people when he was elected and the Democrats had the majority. If Obama and the Democrats wanted to find a way to stick it to them and do the right thing THEY WOULD RISKED THEIR LIVES AND POLITICAL CAREERS TO ABOLISH THE FEDERAL RESERVE, among other things, but that would have been the place to start.

    They did not do that. The Democrats and the Republicans have been shills for the thieving illegal Federal Reserve.

    It's the People that needed the President's help.
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    But that would take courage, I mean would you rather get shot dead or get paid off?

    BTW have you seen The Secret of OZ, Bill Still makes a fair argument against the Gold standard but he certainly isn't pro Fed Res.

    http://fliiby.com/file/878768/opvdbqn6ll.html
    Last edited by Ezzz; Today at 06:50 AM.

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    I haven't, but will ck it out. Found it in it's entirety on youtube.

    Disclaimer
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    Lightbulb

    Yes, it would take courage to put your life on the line for your country. Unfortunately, folks with that sort of courage usually end up dying on foreign soils for folks without courage, or conscience. It also takes courage to open your eyes and see beyond the veil of distraction. If you look just beyond the Federal Reserve you will see it is also just a tool of a few who want to bring us to our knees. Anyone care to take a guess at who and why?

    Anyway, much in the same way that I had to accept the death of my husband, I have come to accept that our country is on it's financial death bed. The Republicans are not going to fix this, and neither is Obama, nor the Tea Party conservatives. There's not one courageous one in the bunch willing to put their lives on the line, because make no mistake about it, they would be doing just that. The only chance we have as far as I see, is the possibility of being able to turn this around once we hit bottom. That is so long as the almighty Dept of Homeland Security, charged with preserving our freedoms (what a joke) doesn't do it's actual job of preserving tyranny. (yeah right)

    I cared for a little old man and his wife the last year of their lives back in 2006. Betty was lost in haze of Alzheimers by the time I came to know them, so I only knew what a wonderful person she was by the stories that Ben told me about her. He was a professor of economics. He and Betty had traveled the world together and he was well respected by his colleagues and students, and adored by his family.

    The very first time I entered their room, he laid a foundation of questions which I realized right away were intended to ferret out my religious and political views. He was pleasantly surprised, and we became fast friends to the very end. Near the end he told me he had felt for some time that our country was heading towards an economic collapse, and likely a revolution and that he hoped the best for me and mine if it came to pass... and that if it turned out to be possible, he would lend a hand from the other side. I loved that sweet dear little man.

    On the upside, it was a beautiful sunny day here in Texas.
    Disclaimer
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    Well, MF, thanks so much for the link. I'd have to say that was very compelling. I thought at first the association with the symbolism of the Wizard of Oz was unnecessary and gratuitous, but it was a very interesting part, and I've always been a sucker for hidden symbolisms anyway. I think I much prefer their solution to the whole mess, but I still think it will get messier, and lack the confidence that anyone in Washington would make it happen. I was surprised to see they left out the speculation that linked Kennedy's assassination to the executive order he had issued with the intent of releasing the strangle hold by the Fed R. I'm sure it's been debunked by the best. lol Look the sky is blue! Not it's not you idiot it's green! lol
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    Bernanke's worst nightmare: Ron Paul


    By Chris Isidore, senior writerNovember 12, 2010: 8:11 AM ET


    NEW YORK (CNNMoney.com) -- Ben Bernanke has had his hands full since his first day on the job as Federal Reserve chairman nearly five years ago. It's about to get even tougher.

    His harshest critic on Capitol Hill, Rep. Ron Paul of Texas, is about to become one of his overseers.

    With the Republicans coming to power, Paul, who would like to abolish the Fed and the nation's current monetary system, will become the chairman of the House Subcommittee on Domestic Monetary Policy.

    If you've never heard of the committee before, you're not alone. But Paul promises you'll be hearing a lot more from it.

    "It's basically been a committee that's dealt with commemorative coins. I'm going to deal with monetary policy," he said.

    Paul doesn't think he'll be able to move his proposal to eliminate the Fed, or to allow Americans to use gold instead of paper money as currency. But he said he does intend to use his new position as "a mini-bully pulpit" to criticize Fed policy and call more attention to what he sees as its negative consequences. And he's confident that American voters are ready to delve into those monetary policy questions.

    "Five years ago they wouldn't have listened. Now they will," he said. "We've gained a lot of credibility in making the Federal Reserve an issue since the market collapse."

    And Paul vows to try again to authorize Congressional audits of the Fed's decisions on the economy, a proposal that passed the House last year but was essentially gutted from the final version of the financial regulatory overhaul legislation.

    "It will never be easy; the Fed has a lot of influence," he said of the audit legislation. "But there's a lot of life to it. We got further along than I ever expected."

    One way that Paul will bring pressure on Bernanke and his Fed allies is to hold hearings to give greater voice to Fed members -- like Kansas City Fed President Thomas Hoenig -- who disagree with the current monetary policy.

    "Just getting someone there willing to discuss their viewpoint and why they might dissent, I think that would be interesting," Paul said.

    A Fed spokesman did not respond to a request for comment for this story.

    Some economists worry that Paul having that kind of pulpit will hurt the Fed, and diminish its ability to fix an economy that still needs help.

    "From Ron Paul's standpoint, the Fed can't do anything right," said Lyle Gramley, a former Fed governor who is now senior economic advisor to the Potomac Research Group. "He can cause the Fed to lose a lot of public support. But it needs public support to do what it needs to do."

    While the Fed policymakers will try to resist pressure from Paul, they won't be able to ignore it, said John Silvia, chief economist for Wells Fargo Securities. And he said there's a potential for that pressure to influence Fed policy.

    "The Fed has a more balanced, nuanced position on its dual mandate to promote growth and keep prices stable," he said. "Ron Paul probably doesn't."

    But other Fed watchers say Bernanke already faces plenty of criticism and doesn't have too much to worry about from Paul having control of an oversight committee.

    "I think that Bernanke has been pretty cool under fire up to now. I can't imagine Ron Paul being someone who could shake him up," said Michael Bordo, a professor of economics at Rutgers University.

    Paul also rejects the idea that he's Bernanke's greatest concern.

    "He probably just thinks I'm a nuisance rather than a nightmare," he said.

    And Paul doesn't think he'll be able to reverse Fed policy or force Bernanke to resign, as much as he would like to.

    "I think psychologically, Bernanke is incapable of changing his mind," he said. "It's probably unlikely [Bernanke will resign] under today's circumstances. But you don't know what it will be like a year or two from now."

    Paul argues the Fed is making a serious mistake by pumping more money into the economy to try to spur more spending and growth. He predicts it will only lead to further declines in value of the dollar, inflation and higher interest rates rather than the lower rates the Fed is shooting for.

    Paul thinks that will bring about another economic crisis that will eventually force Bernanke to resign from office.

    "That's more likely to happen than for Bernanke to think, 'Well, I guess I made a mistake for 35 years. I've misunderstood the Depression, and I'm going to change my policy.'"

    http://money.cnn.com/2010/11/12/news...Paul/index.htm

    Disclaimer
    I refuse to take responsibility for the provocative and rediculous nature of my posts, because I had no knowledge of nuthin since I just woke up and haven't had my coffee yet, or just got home from work and my brain is fried, or I just don't have any idea why a nice girl like myself would say such a thing! Furthermore, I hereby give up my right to sue myself for damages to my reputation, cause I don't think any less of myself and I know how much I got in the bank!

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