http://deadlinelive.info/2011/08/03/drunken-ben- You can see pictures to support this story. Ben Bernanke has aparently got very drunk at Elwood's Corner Tavern and finally admitted how stuffed the US economy really is.He however did not take responsibility for the demise of the US economy.

Ben said that the economy would not recover no matter how many stimulus packages they created.We heard all the lies about green shoots and the GFC was over but many of us who know about the fundamentals of economics knew better.

Unlike the USA,we own and have some control our Reserve Bank of Aust.The US Federal Reserve is privately owned and only has Govt representatives on its' Board of Governors.

We will soon need a courageous leader that will make the RBA the lender of first resort to get us through this crisis.We can legitimately create our own money to equal growth without creating inflation.Money costs nothing to create and our real wealth is in a skilled and knowledgable population.Govt spending in non productive areas must be drastically reduced but the real productive economy must not be starved of cash.

Our pollies appear to be economic illiterates and lack the courage and will to do what is necessary for our survival.

i blame it on flawed modeling
that never predicted the known known
that every fiat based ursury system ever created eventually failed

who was it that said

""give me control over money supply
i care not who rules""

well absolute power corrupted absolutly
BUT ...leaders..think

the assets are built
we now only need wages
to keep consumers going

govts can run the business now
after all it was now apparent the assets are proceeds of crime

we dont need the elites
its them who now need us

our super just got stolen
next year you will again be told
one third of your COMPULSORY super..was gambled into debt
cause it was only based on paper promise*

who's promise holds more weight
an elected trustee..[ie govt member]
or some banker selling euro's and yen

bonded promises...for odious debt bet's..
for assets...for-closed for pennies on the dollar
then liquidate the assets...

and sell the industrial revolution for scrap value
to the big 3..running the scam..

by the franchise right to issue paper $$$$
and cyber credits...with an unlimited check book
unchecked by any auditer

audit the fed
demand the coppers..gold and silver be returned
by those who stole it..stole the real assets
of the worlds federal reserves

govt needs to seize back the assets
keep the consumers in jobs

or at a minimum..jail those who prevented the audit

C'mon Arjay.

This is satire.

Not even particularly funny satire, at that.

Which is probably why you thought it was real.

Do you not think the essence of it is real, Pericles?

< Then after a while he just sort of stopped and I couldn’t tell if he was laughing or crying.”! >

I was laughing…. with tears in my eyes. Well….I think I was laughing.

Yes Pericles,if you read the caption,at the top is said filed under satire.

We are however going to have to make some tough decisions soon.Unemployment will rise dramatically and the Labor Govt have knocked what little confidence was left out of our economy.With inflation about to break out in the USA the Fed will raise rates to cut the losses of the elites further weakening our economy.The share market is stuffed and gold is on the rise.

People like Gerald Celente,Prof Michael Hudson and Webster Tarpley predicted this collapse long ago but the money changers continued to lie and cheat their way into our savings even more.With civil unrest at home they will try to use war as a distraction and steal resources to shore up their investments.The masses will pay the price for their greed,in both money and lives lost.

Arjay you spend an awful lot of time bashing the US.In fact that's all you do.You posted on this forum..."The USA is controlled by the Federal Reserve the private group of banks based in Europe.These banks own and create all the US currency, so Obama and Congress must obey them.Currently they are piliging Greece and the other PIGS by artificial debt creation.They through the IMF are counterfeiting the EURO."

Now that's just too stupid for words. Actually the Soviet NKVD is still working underground, and they are financing the Greens who are all members of the Communist Party in Australia which is still secretly based in Marrickville.Their plan is to gain control of the Australian Government and working secretly with al Quida and the Communist Chinese government they will with impose Sharia Law here and all three will share government.That's the absolute truth because I would never make anything like that up.

And why would the US wage war for oil in the M.E. as you stated when they could just roll over their border to oil rich Mexico and Venezuala.They wouldn't have to fire a shot with these banana republic armies and the greedy US government and their greedy oil companies would have no casualties and lower transport costs.

The thread is clearly satire and well done too

glad you think its funny mr bell
clearly you have collected your super
and dont hold shares in the stock gambling dens

ie..thge 4% fall today
that lost 50 BILLION
TODAY ALONE

in australia alone

added to the fall from yesterday..plus the day before
that has in 3 days lost away 100 billion..
of compulsory super contributions
sukked from the workers purses
by keating/howard

yes its funny mate
we can all see the joke
but mate if you had a penny in the game
you would be on your knees praying...that black monday wont come

well mate your safe
but what about your kids super
good money stolen from their wages
to be gambled away by fools thinking they can get their free lunch
plus eat yours too

ps mate
have you heard of a thing called
a margin call...?

seems if you borrow on stocks
and they go down
you need to put up the difference
[so first gold goes down...then the other assets
get sold off to pay the bankers back the money you lost]

[you is used in the generic sense]
seriously mate..i hope you dont get burned
as for the kids super...well mate..thats now worth much less

yep funny as heck

that will teach them....right?

If all currencies "float" and the most important thing is earning/spending more than the Jones', then sooner or later it becomes obvious that currency has been decoupled from what gives it value.

Maybe we should have taken OUG's advice and stockpiled metal coins.

How about it OUG? Swap you a pre-war florin for 24 pennies.....

Rusty

rusty it much depends on if its a pre/war 2..florin
11.31 grams @.925 fine sterling silver

or post ww2..
11.31 grams..containing 50% silver

plus what years the pennies
24 times 9.45 grams of copper

going by the mint numbers
if its not 59 or 55..with mint numbers 1.7 mil and 6.3 mil

from 1948 to 64..has too high a mintage
in double figures to hold collectable value.

.[and as for smelt values..
id still hold the 24 coins over the florin]
unless it was pre ww

i have 20 pounds of copper one and two cent pieces
naw come to think of it postage is a bit much
[i prefer not to use my mint stamps]

anyhow we look forward to black monday
and hope that red tuesday dont happen
then black and blue wed might'nt either

anyhow if/when the bubble bursts
its important govt seize assets
and keep the workers getting their pay

then recoup the plunder..of that mob
who on xmass get bonus..that seemingly never fails

anyhow cheers eh
i cashed in my shares a bit early
but that was better than cashing them too late

swings and roundabouts
there is still 30% more to go
would that be..better..like a bandaid..[ie do it quick]

or rip it out bit by bit?

its only paper...costing 7 cents each
regardless of face value..for the mint to print

if ursury didnt cause hyper inflation..
[by demanding govt pay them intrest]...the fed of itself
can print all the fiat 'money'..the market could ever need

but then the world would be flooded with worthless printed paper
[ya gotta love inflation]

the swiss seem to be bying up big..on us dollars
[to put it back into their vaults?]

noting one invester years ago
reported his silver dollars in a 'safe deposit box'
has been taken..leaving crips dollar [fiat]..notes...[and his investment was gone]

could the swiss have leveraged the us..fiat paper'$

i advise people to hold ACTUAL shares..
or actual silver/gold etc...cause with online trading..
all you buy is a promise...from the international house of settlements

who trade the shares..on tic
[see they mortgauged the actual shares to get their 800 billion mortgauge]..so the best they can offer is a share of their limited shares..[cause they dont got the shares they claim
their mortgagee does]

anyhow
intresting times eh what?

kaman it is not too stupid for words that the central banks are piliging economies by artificial debt creation.There are many who agree with me.Just for a moment consider the process.The Central Banks and the IMF create billions in their computers and loan it out as debt.This depreciates the peoples' currency.So they are stealing from the people through inflation and charging the people for the loss of spending capacity.You say it is incorrect but offer no argument.

In 2008 the IMF created one trillion dollars from nothing and expressed it as debt to the poorer economies of europe.It was nothing more than counterfeiting only these counterfeiters will eventually get back more than 3 times the amount they have stolen from the people.

The US Federal Reserve has created $ trillions from nothing and loaned it out to institutions around the planet.Much of this money has ended up in the phoney derivative market.When that collapses we will see hyper inflation all around the planet.No one really knows how much the derivative market is worth.Some say $ 150 trillion.If this collapses there will be carnage in terms of hyper-inflation.

Keep your eyes on the markets...
Volatility is the key word here. Preceding the 2008 GFC the global market went through a prolonged phase of volatility trying to maintain its balance on the tightrope. It was atime of regular dives followed by "recoveries". We're probably witnessing the first wobble in the latest crisis - as confidence crumbles, governments will again seek to artificially stimulate the market by pumping in billions to keep the them afloat. However, we don't seem to have learned anything from the GFC so history is set to repeat itself.

http://www.cnbc.com/id/44031717

OUG,

I did in fact specify "pre-war" as this distinction is well-known.

I brought it up because we will always need money we can agree on.

Rusty

the key is money we can trust
so the market looks for things that will retain value
[stored values]...many think that value is in oil or gold or bonds

but the us bonds are now only being 'bought'..by the fed
[who can simply create the notes or the credit..to any ammount people need]

what we are missing is govt control in this
its a historic fact that the us fed/mint etc was 'sold'
to the banks who 'bought up' the govt war bonds..then demanded instant payment of principle...[in gold/silver]..which of course didnt egsist

so they simply took it as sequrity
with the help of some govt mates

but the interesting thing is...money is fiat..[by decree]
the bankers have the licence to print money..as well as keep control over the gold...[but it was all done on paper..that stated the debt 44.4 billion us dollars...;a dollar is a unit of weight..in 'valuble metal']

but by right of seignorage..it can deem face values
on coin or paper..thus usa needs to take back the right of seignorage
and the mint and fort knox..then simply issue one plate size coin with a face value..to each of the shareholding bankers

sort of along the lines of the theme of
the movie..'the million dollar note'

these 12 coins with a total face value of a mere 44.4 billion
will return the control of the fed back to govt control
[govt can then stop paying 'intrest' on its own money]
cause the fed holds the bulk of their bonded debt[bonds]..

and the lies can end

its time wee restored the true values of the coins
bring back the coin age

to the point where one cent=one dollar
which recapitaslises the poor
bails out those exploited and stole from
in that case the banbkers can keep the fed paper cyber credit system

but failing revaluation of the values of coin[back to true values]

govt needs to bite back the blighters
hit those who did this treason hard
and at the same time save them selves from this ongoing insanity

as it stands the fed
has assumed all the bad 'derivitives'
but as its them..that isue fiat paper...they can pay every dollar
and not care of the resulting hyper inflation..

as they think to move to a safe zone
with their stolen booty and absolute control over global governance

but its global
if the usa dont audit the fed
confirm the gold..held in trust..has gone
[leased to fellow bankers at a rate of 33 dollars an ounce]

then sold it into the market..by the same banks..
making them at the time a tidy proffit
but it was a trust..they betrayed

its gold
that dont belong to them
it retains to be the right of the people

it was stolen from globaly

we have a nickle coin
with a face value[WEIGHT]..of one dollar

well in truth we know its meant
to be equal the value of one dollar's weight in silver..[or gold]..

depending on the colour of the coin

see how in the old days a penny was actually silver
that in time became copper..that in time was either abandoned[like us]
or became copper plated/iron..

but it's face value
should resemble its silver gold values

or the coins face/value's..should be inflated
to more closly represent its TRUE values
in its origonal context/intent

to not do is distorting the true values
and making the ongoing train wreck we are constantly revisiting

but i can change nothing
so will simply watch like all the others
who had this theft done to their finance system

the final straw will be when they kill the coins
and people forget what coins are meant to do

[limit the paper credit excess
by being based on..honest market values
refected in the face value of its tokens[coin]

its time to push the rest button
hard

OUD we don't need gold or other precious mentals to back our currencies.All countries need is a proper constitution which limits Govts from creating too much money.Private banks should not be allowed to create money from nothing.This is the function of sovereign Govts.

I just explained the injustice and stupidity of this present system to a group of young people.What the Central banks do is akin to them going down to my garage and printing a $ billion and loaning it to our Govt at interest.This is how utterly insane this present system is yet no one questions it.

i agree arjay
gold/silver coin is gone

but mate see that "bank"-note in your wallet
its a bit of printed plastic..with a FACE_VALUE*

im saying increase the face value of coin
bring back one/two cent pieces

at a face value of $1

thus one cent..BECOMES facevalue of $1
the current gold dollar = 100$
the $2 becomes 200 PAPER..[sorry PLASTIC dollars]

that recapitalised the coinage
bails out the poor..who now have true value restored
they pay their bills..and the banks collect the coin..that goes to the mint..for reminting..[by right of seignorage]..to the new face values

eg usa has 800 billion in issued currency
less that a tenth is in coin

so the 8 billion in coin
bails out the 800 billion
thats going to be hyper inflated again
when usa goes back to 'monetory easing'

we cant bailout the bankers again
so restore true value back to those with only coin jars
or pennies behind the couch cushens

the right of seignorage musty go back to the people[govt]
the fed can continue its fiat paper scam
and all debts get paid

coinage prosperity
in lue of austerity

govt only needs to say it
and it is law

ie they take back coins/mint/treaury
and the fed does what it does with babnk note/cyber credits

once the coins are gone
it cant save us

now they want our 5 cent pieces
that are in truth SUPPOSED to be worth
5 bucks..if they were..still in proper silver

that the queens head ASSURES..[signifies]..validates
as a proper lawfull tender..

[heck thats so basic
its written in the fed constitution..
that in fact UNDERWRITES GOVERNANCE..and the rules

by which we are governed
and the rule of law..that regulates commerces excess

*yet no one questions it.*

Ah Arjay, but we do question it, but at least try to understand
how if functions, a little better then you do.
We are also aware that any Central bank profits are paid to Govt
treasuries, they cannot be spent by those who you claim "own" the
Fed.It is the US president who appoints the head of the Fed, if
you remember.

The thing is, Central banks are given a mandate to use monetary policy
to keep the economy in as good a condition as possible.That is
exactly what they try to do.

Central banks don't appoint the Govt, they have to accept whatever
dummie the people elect, as was the case with Bush/Cheney. Now they
have to try and repair the damage which those clowns created, which
is no easy task.

Its not much different in Europe right now. It was not Central
banks which overspent and mortgaged countries to the roof, it was
elected politicians

Yabby it is the FED who control Congress by virtue of creating all the money its needs to function.Every time some one in Congress or the President tries to balance the power,The FED threatens them crashing markets or raising rates.The Govt mambers on the board are just token jesture.

*Yabby it is the FED who control Congress by virtue of creating all the money its needs to function*

Not so Arjay, as the present situation shows. It is obstinate
politicians, more concerned with their own reelection then anything
which are the problem.

First it was Cheney who claimed that deficits did not matter,
eveyone else but the US should worry about the Dollar. So they
borrowed to the roof to fight their wars etc. The democrats
at least tried to raise taxes for the rich, who pay very little
tax in the US. Tea party nuts refuse, despite federal tax
collections running at around 15% of GDP, a near historic low.

So we have a political standoff, with everyone focussing on the
next election, meantime the Fed has to try somehow to keep the
wheels on the economy.That is their mandate after all

Gerald Celente is right 98% of the time, I'd recommend following his Twitter feed to anyone who's interested in this issue.
He's predicting a gold bubble, $2000 then a crash.
What people have to understand is that "global finance" is physics based and as we saw with QE2 it can also be used as a weapon ,QE3 could be the formal beginning of the Big War.
They've been rolling to the start line of WW3 for about three years, watch, things are about to get REALLY crazy.

Jay I've heard of predictions that gold could go to $5000 and oz.So long as the Fed continues to counterfeit our currency then gold will continue to inflate.It will not collapse in a hurry.

The Bankers and Wall St are caught between the wrath of domestic populations and the ire of China and Russia who realise that it is Western Imperialism on the march again.This time it is corporate imperialism.

Tarpley,Jones and others are trying to predict the next bid false flag event.I cannot see how the USA can afford to wage a protracted war.If they continue to decimate their own economy,they cannot produce the weapons and infrastructure to wage war.They don't have the high moral ground and their troops have low morale.They treat their troops appallingly when they get home.This will quickly escallate into a nuke war because the West is weak,bankrupted and really has no moral high ground for any conflict.

Russia has a Naval Base in Syria and attacking it or Iran will see a major conflict ensue.We cannot expect the USA to be our protector for ever.In the chaos of war we would be an easy target for India or China who both have over population problems.

With all that radiation in the northern hemisphere from Fukushima,the best place to live will be in the southern hemisphere.

Greenspan:
US "Can Pay Any Debt It Has
Because We Can Always Print Money"

http://www.realclearpolitics.com/video/2011/08/07/greenspan_us_can_pay_any_debt_it_has_because_we_can_always_print_money.html

"This is not an issue of credit rating,
the United States can pay any debt it has
because we can always print money to do that.

So, there is zero probability of default." -- Allan Greenspan

AINT IT GRAND owning the whole franchise..!


Somehow, I don't think
that is the answer..the holders of US debt wanted to hear!

we spend YOUR money
then give you bacl DEFLATED VALUE
to wit ..worthless paper..just like germany/argentina..nigeria

But obviously,
massive printing of paper dollars
and the resulting hyper-inflation
is the next "Hail Mary" attempt by the bankers
and politicians to prolong their wealth and power...*

hyper inflation
heck ANY inflation is a debt tax
on those who are owed value

inflation is a tax
that goes direct to the criminals
running the fiat paper value scam globally..

with paper promises..they stole our coin..
killed the values of metal killed the trust
and got our cash/work..for effectivly free...

[then we bail the criminals out]

ben admits to inflation affectivly being a tax
he dont reveal who gets the value

but we know its not 'the people'

http://dailybail.com/home/flashback-bernanke-admits-inflation-is-a-tax-video.html

put true values
back onto the face of the coin
dont let them steal our nickle..

[they allready STOLE our gold/silver/copper]
the right of seignorage...can return the 'real'..values back to the workers..by what right do banks claim any right to [print/control/mint money and coin..only be a clever scam

read 'the creature from jeckle island'
which names names..and explains who treasond who
[to wit who stole the value]
then took the rest
bit by bit

now its the last of the publics resourses
[as well as essential/services]
http://www.thenational.ae/business/economy/china-demands-us-tighten-fiscal-belt

http://whatreallyhappened.com/

Maybe so, Arjay.

>>Jay I've heard of predictions that gold could go to $5000 and oz.<<

And as we know, you'll believe anything you read, so long as it fits your "we're all 'rooned, and it's the fault of the global elites" agenda.

Even down to the "drunken Ben Bernanke". Still chuckling that you fell for that one.

Yabby,

Just wanted to say goodbye.

We have had our agreements & disagreements. Despite that you have never

pulled low acts.

I put a great sub in today AA RSPCA you will actually approve.

Cheers

[Deleted for abuse.]

Pericles I fell for nothing.If you read the caption at the top of the link,it said "file under satire" Had I listed it at satire,you would not have bothered.Sucked in Pericles.

Nice try Arjay.

>>Pericles I fell for nothing.<<

But you and I know the truth, don't we.

I told you and others 2.5 yrs ago that the printing of money by the Fed and the IMF would be a disaster.You tried to lie about the Fed being basically a private group of banks and exaggerated the miniscule returns the Fed gives to the US Govt.

The Fed steals from the people via inflating the currency and calls counterfeiting quantitive easing? As if that is not bad enough,they then express their counterfeiting as debt for the US people to repay through their taxes.Ron Paul is right.The US Fed and all the other private central banks must not to allowed to create from nothing money to equal our increases in productivity.Under the original US Constitution only Congress should have the power to utter new currency.

You would be losing all your credibility right now, Arjay, if you had any left.

You made a mistake.

You thought that the Bernanke article was genuine - just take a look at your opening post, and tell us which part of it registered the fact that it was satire.

The answer is, of course, none. You were sucked in. All you have to do is admit it, and we can move on. But first of all you need to be honest with yourself, which, as I am well aware, is difficult for you.

Have a great day.

In debate,changing the subject after a mistake is a sign.
OK hide the fact I got it wrong.
Only one poster falls for it, the one who got it so very funny but wrong.
However the truly funny thing is while arjay has been seen doing it others will never know they do it daily.

per ridicules check out the graph
http://whatreallyhappened.com/IMAGES/marketrigging.jpg

The stick graph at the very bottom
shows trading volume during the day,
which starts high shoving the stock market up,
then as the market hits a plateau the volume drops off!

Right at the Fed Announcement volume picks up briefly as the sell orders hit, then note that volume jumps back up again just ahead of the second rise in the market prices!

These new buy orders, almost matching the volume the day started with, are driving the DOW increase.

The stock market is being rigged using supply-demand market forces, rather than earnings and dividends.

"Someone" with access to unlimited financial resources is gaming the system.

its most likely goldman and sax [of hamburg]
http://www.youtube.com/watch?v=qoEEiIzVk8I

or jp morgan
that specialise in this form of theft
http://www.youtube.com/watch?v=aLbI0LvMnek

heck any fool KNOWS the market is a conjob
http://www.youtube.com/watch?v=vRVetx5pXjk

as was proved on 17 th jan[2011]
http://www.youtube.com/watch?v=RyMzDVZ-h-Y

8 more minutes of evidence
http://www.youtube.com/watch?v=OPruKs1uld4

govts stage crisis
to look good solving them..with new powers
[ie just like geo busche and co]
http://lonestarwatchdog.blogspot.com/2011/08/government-only-deals-with-staged.html

seems we can only be caged...behind bars we cant see
http://www.youtube.com/watch?v=Xbp6umQT58A&feature=youtu.be

yep its funny as heck
now find out how the jokers do it
http://whatreallyhappened.com/

its pretty much self explanitry
just go to the next page..then the next
click on linksd..but stay on the main forum

then go read the links that you clicked on
by then you just might cclick on a few more
before you know it..you know more than per ridicules

OUG Pericles won't debate real monetary policy.He sees counterfeiting by private central banks as a legimate form of exploitation.He constantly obfuscates and will not debate the reality.

Interestingly, the markets have truly got the wobbles again. As I said in an earlier post, it's the volatility that is a precursor to a crash. So it goes that the market is displaying all the undulations of 2008. Dive and recover, dive and recover...what's the bet the Dow plummets again overnight?

pure/o
the mahjor cause of the current market 'fluctuations'
is a two fold problem..one compounding the 'other'

firstly there are those who are short selling
[thats people 'selling' stock they dont own..!

to drive the price down..!
[when the auto computer sell programs kickin]

short selling stuff
*you DONT own is fraud
but fortuinatly some euro countries have suspended that play[for now]
just like we had to do in 2008...but it was soon back

see the auto sell 'pro-grams'..are easy to 'predict'
[you set them to sell...if the market falls say 2%..or 4 '
as seems to be the default...as these clever fraudsters have found]

as im sumising by the recent percentage jumps and plunges
and the rather large sell/buy orders that appear on various charts i posted

so affectivly...
some clever low margin traiters/proffiteers..
[their names too..have been posted]
..steal your super funds...as many of them use these automated systems

its not as if the 'advisers'
in the media couldnt tell us the truth..
but then their mates..wouldnt be cleaning out our super
so as they chose

short selling is fraud
why govt isnt sending in 16,000 police to raid the money changers is one of them mystries..that is easy solved when we see how long police and polies took to get their gear on in london..

police police petty govt policy
like were seeing now in uk

..in lue of policing the true crime
and the really rich criminals..who dont do 'petty crime]but real tort/rort

and thus we see the poor kids getting raided
and having 15 cops raid kids..instead of the clever pratts in wall/fleet street..who all should be in jail

and police seizing their assets

OUG,

I noted this afternoon that various countries were reinstating short selling bans once again....just like in 2008.

It really is the "jitters" in general affecting confidence, spreads like wildfire in the course of a trading session. For some reason in 2008 I found myself sitting up at night just watching it all take place over a number of months. It began just as it is now - and then governments began to inject billions every time there was a sharp fall...and the market would lift briefly, but couldn't sustain confidence and fell back sharply at the first hurdle...and then the financial institutions began to falter and fall by the wayside - and voila! a GFC!

*and then the financial institutions began to falter and fall by the wayside - and voila! a GFC!*

And then what? Smart investors waited until the greedy were all
jumping out of windows, then went and picked up bargains like BHP
and others, for a song.

The present problems however are not caused by investment banks,
which really arn't banks in the true sense of the word, but by
Govts borrowing ever more to win the next election. Eventually
it catches up with them.

Short selling is of course not illegal, it is quite legal to
borrow shares, usually its done from super funds, for a price.

If the short sellers judge the fundamentals wrongly, they lose their
shirts. But if they get it right, all they do is expose the problem
for what it is. No more kicking the can down the road for next week.
Of course Govts don't really want to admit that they are broke.

its not govts alone who affectivly are 'broke'
its nopt that banks are afraid of lending,,as much as that fractional reserve lending needs that actual fraction[and govt is the easiest way so far..to bailout that 'fraction'

se a bailout of a million affectivly creates
only 50 million in new credit...so a billion bailout only provides the fractional reserve funding for 50 billion[and even by moving the actual cash around at night[making the money work 24/7]..dosnt bailout the 4 quadrillion of collective global debt

aas we know govts are broke
big busness hasnt got the cash flow [in the main]..to cover even the intrest..thus the debt keeps growing..even as the asset bases keep shrinking

the next hurdle will be the trillion dollars
kids need to pay back to those 'education LOANS'
[with no jobs..thats an ever growing pile of govt GUARENTEED debt]

just like fannie may etc
all over again..the next junk bonds market
[add in the euro bond sins..france loosing its AAA+]

govt globally ned to take back the banks
and revaluate coins base values back to true values[commensurate with their silver weighted values AS IF WE STILL HAD TRUE silver coinage

adding intrest upon ursury..how thats working for who?
do we take the haircut..or do those who foolishly threw pounds after marks...lira's..dracma's

capitalists are dead[or dying]
govts need to step in to pay base wages
help the workers take over their workplaces..[in the real economy]

and let wall/fleet street..retain their faith in their fiat paper banking system..before the thieves steal all the capital..from the greed is god..blinded capitalists..trying to beat inflation

by stealing the servants super

its not govts alone who affectivly are 'broke'
its nopt that banks are afraid of lending,,as much as that fractional reserve lending needs that actual fraction[and govt is the easiest way so far..to bailout that 'fraction'

se a bailout of a million affectivly creates
only 50 million in new credit...so a billion bailout only provides the fractional reserve funding for 50 billion[and even by moving the actual cash around at night[making the money work 24/7]..dosnt bailout the 4 quadrillion of collective global debt

as we know govts are broke
big busness hasnt got the cash flow [in the main]..to cover even the intrest..thus the debt keeps growing..even as the asset bases keep shrinking

the next hurdle will be the trillion dollars
kids need to pay back to those 'education LOANS'
[with no jobs..thats an ever growing pile of govt GUARENTEED debt]

just like fannie may etc
all over again..the next junk bonds market
[add in the euro bond sins..france loosing its AAA+]

govt globally ned to take back the banks
and revaluate coins base values back to true values[commensurate with their silver weighted values AS IF WE STILL HAD TRUE silver coinage

adding intrest upon ursury..how thats working for who?
do we take the haircut..or do those who foolishly threw pounds after marks...lira's..dracma's

capitalists are dead[or dying]
govts need to step in to pay base wages
help the workers take over their workplaces..[in the real economy]

and let wall/fleet street..retain their faith in their fiat paper banking system..before the thieves steal all the capital..from the greed is god..blinded capitalists..trying to beat inflation

by stealing the servants super

That's funny, Arjay.

>>OUG Pericles won't debate real monetary policy.He sees counterfeiting by private central banks as a legimate form of exploitation.He constantly obfuscates and will not debate the reality.<<

This particular "debate" stared with your insistence that Ben Bernanke got drunk in "Elwood's Corner Tavern".

Very difficult to take seriously, I'm afraid.

Even more so that your usual tosh. Especially when your idea of "real monetary policy" involves Ron Paul and the gold standard.

Have a great day.

see the joke
see the per ridicule run
your only intrested in your own point
and the joke becomes a pun

but when we look deeper
to see the joke under the joke
per ridicules takes his poke and runs

the expert banker spokesperson...cant correct basic error
so clearly what has been said holds a grain of truth

and still mr ridicules cant find the joke

its easy to hope its a lie

but mate bens DEEDS/works..prove the 'joke'
has some real basis ..in the real economy

and the capitalist fictions
[paper economy]
the true joke

its a shame i thought at least YOU
perridicules could see the joke
you must at least see a clue?

short selling is renting the shares
then selling them
then hoping you can buy them back cheaper

so here is what your kids will be doing
they will rent your house
they will sell it
then hope to buy it back cheaper

want money?
rent a car
sell it
then hope it can be bought back cheaper

it all makes sense to many

just like fractional reserve lending sounds great..in princiople

when i bought my first house..i needed to deposit 10%
with the bank
they loged that with the fed
that created the rest of the cash

in time the fractional reserve has fallen
to where its now near two percent
its a clever scam

but nowhere as clever as making paper notes costing 7 cents each to produce..[regardless of face value]..so your 100$ bank/note
that is actually a debt..due to the govt bankruptcy
from when the bankers demanded instant repayment
of warbonds from ww1[and took over copntrol of
the govt money franchise]

why bother explaining anymore
those who know wont reply
those who dont know wont reply
and thats why they are going to steal your super[bit by bit]

so why are you giving them 10% of your wages
soon to be 12/13%..cause we got ignorants[or too clever by half
incompitants ruunning govt..two party hacks]..that the most clever guys in the room..HAND pick..to run your life

party loyalty is treason
giving the fed/mint to the bankers was insane
to not seize back control over them..means everything you bought
'invested'..will be sold for pennies in the dollar...bit by bit]
then one day your poor

and crying how could this happen

well you buy the media
you by education
you keep the fools ignorant
buyoff or kill any who would be believable

its too easy
wwelcome to hell