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Fed Prints Another $200 Billion Out Of Thin Air

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posted on Mar, 13 2008 @ 02:04 PM
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Ron Paul warns of world wide economic collapse

He talks about some of the reason why the economy is so bad. And why what there doing isn't helping.


Also heres a story I posted the other day that is related.
www.abovetopsecret.com...


Derivatives bubble explodes five times bigger in five years
Wall Street didn't listen to Buffett. Derivatives grew into a massive bubble, from about $100 trillion to $516 trillion by 2007. The new derivatives bubble was fueled by five key economic and political trends:
Sarbanes-Oxley increased corporate disclosures and government oversight
Federal Reserve's cheap money policies created the subprime-housing boom
War budgets burdened the U.S. Treasury and future entitlements programs
Trade deficits with China and others destroyed the value of the U.S. dollar
Oil and commodity rich nations demanding equity payments rather than debt
In short, despite Buffett's clear warnings, a massive new derivatives bubble is driving the domestic and global economies, a bubble that continues growing today parallel with the subprime-credit meltdown triggering a bear-recession.





"What we are witnessing is essentially the breakdown of our modern-day banking system, a complex of leveraged lending so hard to understand that Fed. Reserve Chairman Ben Bernanke required a face-to-face refresher course from hedge fund managers in mid-August."

[edit on 13-3-2008 by JBA2848]

[edit on 13-3-2008 by JBA2848]



posted on Mar, 13 2008 @ 03:35 PM
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God I love Ron Paul that guy knows his crap and its like no one wants to listen to him. The people need to stand up.



posted on Mar, 17 2008 @ 01:05 PM
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America is going to fall and collaspe due to it's lust for power,greed,and arrogance.



posted on Mar, 24 2008 @ 10:20 PM
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reply to post by LLoyd45
 


Great ideas, but you do mean non-hybrid seed, right? Personally, I've already got potatoes about 8'' high, and my beans are sprouting. Come mid summer when the taters are done I'll put in corn and squash. Might as well get used to it. This is in addition to the room full of storage food of course. I wish I lived in an unincorporated area, I’d have chickens for sure.



Originally posted by dreamsnatcher
Not sure if this was mentioned but financial collapse is another avenue to declare martial law. It seems that alot of people are concerned with that happening and this would an easy way to do it. Were very close now.


Great point. Let's not forget that FDR used the last great economic upheaval to institute the greatest changes this country has ever seen. Hungry, cold people are much more likely to go along with whatever they are told will help.




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