Congressional Leaders Stunned by Warnings

reply to post by poet1b


Where in my post did I say that? If anything I strongly hinted at the fact that the lion's share of the problems of the world are caused by excessive debt created by usury. I get sick when I see microcredits being sold as solutions for the third world's problems...

The people of the US if anything are causing problems for themselves by playing into a police state, an international one at that, because they have been whipped into an ego and fear driven patriotic frenzy. C'mon, dosen't this remind you of germany in the 30's? Nobody outside the US hates you or wants to steal your precious bodily fluids. But we do not want to be ruled by you either, this will not be a new american century. And the globalists that lead you will never make it one, they will trick you into giving your lives for a project that will in the end leave you poorer than at the start. Will? Already have.

At the root cause is an international elite playing people against each other as has been mentioned. But those that play into this in the information age are indeed responsible... but its a more forgivable sort of responsability as it is born of ignorance and stubborness, not straight malice. Contrary to what happens in higher circles, socioeconomically speaking.

This is the information age, time to break the compartmentalization and the cultural brainwashing and see the big picture. It's an ugly picture, for sure, but once seen it will be easy to paint over.

All humanity needs to set itself straight is to cut one tiny diseased branch from the top of it's tree, so it can blossom again.

[edit on 22-9-2008 by Zepherian]

reply to post by Zepherian


L.S.
The U.S. Government has asked the EU also to raise contribution to support the effort of the U.S. Federal Reserve Board to bail-out the ailing commercial financial institutions in the US.
After a meeting of the financial ministers of the member states the united respond was:
No ! At first request we (the EU) will not contribute.

Mind you, this request is not to support directly the people who lost their homes to the banks and now has to sleep in tents/motor-homes, but a deposit in a “bottomless bucket”

General opinion of the EU population:
Why do we have to bail-out financial institutions in the USA which were acting as gamblers in a “CASINO” called the “American Financial Market” and subsequently have lost the game (with borrowed money!!!!)

Note:
It was sufficient a blunder of a German government bank to transfer €350mio. to Lehmann Bross N.Y., one day prior to the bankruptcy announcement of that financial institution. Can you imagine the subsequent finger-pointing “circus” at that bank.

Question:
What is your opinion of the request in the first place and
What is your opinion about the response.

Openmind (EU)

Well, it has been my observation that it is darkest, and coldest, just before the dawn. It is the IC's that have created all these problems, and all too many people who think they are revolting are in fact supporting the IC's. Personally, I see a better society arising from the ashes.

We have just began to learn how to deal with the advantages modern technology puts before us. We still don't know how to live in this modern world, and it will still take more time for us to adapt. Life is far better than we realize.

Amazing how they can say the economy if fine one day, and the next call for a $700 billion bail out. I say NO! I'm not paying for this crock! Bad enough my tax dollars are going to pay for a war I never wanted us to fight in Iraq, now this?! And the CEOs of these companies that they want to bail out are walking away with 10s of millions of dollars not having to pay out anything.........

Originally posted by Zepherian
The irony of this whole situation is this is a pretend crisis with pretend money. With good will it could be resolved almost instantly, with the apropriate restructuring. The economy would stutter but it would not fail.

Excellent point!

Everything we have and need would still be here if the bubble burst. Work would still need to be done. The electricity and gasoline would still exist. Nothing would disappear but our WORTHLESS currency.

Granted, it would suck while the current crop of fools who represent us try to figure how to fix the problem. But the answer is simple enough.

Abolish the FED and have Congress (who is constitutionally authorized to print and coin money) do their job and take care of our money that is backed by something of value.

While I agree with Mr. Paul on a multitude of subjects, I disagree completely with the idea of going back to the gold standard. Doing so would play right into the hands of the same crooks who gave us our current central banking system. When we had the FED illegally forced upon us, gold was selling at somewhere around $15 an ounce. Not only that, but they made it illegal for us to own until 1974. What is the going price for an ounce today? How much will it increase when more trouble hits?

Mark my words. When the ecomomy bottoms out, all of the anti-gold naysayers will all of a sudden be on the gold standard bandwagon. Why? Because if gold is selling for $1000 (way conservative estimate) when they do, these banks who hold all of this gold will sell it for a HUGE profit! The government will have to buy gold because they certainly don't have enough reserves to support our economy.

Wouldn't you love for your initial $15 per ounce investment to turn into over $1000 in 80 years?

These are long laid plans and schemes that follow an age old formula. Create a crisis and then ride in and save the day. Our memories are only as long as our lives. Humanity is doomed to repeat history because we always forget.

The bad guys seem to have learned to work through that.

Dontreadonme,

Eric

Originally posted by poet1b
Well, it has been my observation that it is darkest, and coldest, just before the dawn. It is the IC's that have created all these problems, and all too many people who think they are revolting are in fact supporting the IC's. Personally, I see a better society arising from the ashes.

We have just began to learn how to deal with the advantages modern technology puts before us. We still don't know how to live in this modern world, and it will still take more time for us to adapt. Life is far better than we realize.

This I can agree with. I too am optimistic for the midterm, as this time there will be no deception, no lies. The truth will be at the group mind level and I think nobody buys the inevitability of this crisis. This time things will change. For the better.

And yes, we do have to learn to live with modern technology. And I'm not talking flouride and bunker busters, I'm talking mass solar, thermal, electric, hydrogen economies of prosperity. We need an economic system that mirrors the prosperity an energy rich economy creates, not one that that hoardes and hides and promotes scarcity on one hand while forcing a grow or bust debt sucked paradigm on the other.

This is going to be big.

Originally posted by Simplynoone
How do we know this is not just a nice show before the Elections .
If it works even temporarily at least stabilizing things before the Elections then wham we have Republicans as heros and everyone goes out and votes for them again this Election.

We all know that the market is manipulated .We are manipulated ....everything is manipulated to suit their purpose (Those in power who have the money )
I dont even have a clue about all of this stuff and I at least know that much .

indeed.

Originally posted by Simplynoone
I dont even have a clue about all of this stuff and I at least know that much .

and yet "somehow" you "know".
It kills me that we have so many non expert… experts running around.

1. Republicans are not going to be "heroes" regardless of what happens.
2. Republicans are being cast as the CAUSE.
3. It's nice to know we have excuse # 3 on the table now right after FRAUD and RACE if Obama doesn't win in November.

Thanks for adding yet another topic of absurd conspiracy for the after election meltdown on ATS.

If you had one iota of understanding of the situation we are in right now you would realize that when BOTH parties come out of a room talking about the same thing.. it is SERIOUS and not political fodder for one side or another.

Ignorance is terribly rampant here.

reply to post by TruthWithin


Isn't the Land Of The Free supposed to let it freely meltdown? Isn't that what the free market system is all about?

After all, the people who lost their homes were allowed to freely end up living in their cars. Or weren't they important enough?

Nah, things will get better soon. This is the United States of America!

[edit on 19-9-2008 by The_Alarmist2012]

reply to post by seabisquit

If you believe that just because we are America and that will save us ,you are naive at best. Too many people need to smell the coffe and realize this is just the tip of the iceberg that Titanic America has hit and you wont be able to buff your lexus next weekend like you always do.Life as we know it is over and we will be a banana republic overnight.Go to survivalblog.com and PREPARE-its your only chance.

Its not paranoia if its really happening to you.

Originally posted by seabisquit
reply to post by seabisquit

 

If you believe that just because we are America and that will save us ,you are naive at best. Too many people need to smell the coffe and realize this is just the tip of the iceberg that Titanic America has hit and you wont be able to buff your lexus next weekend like you always do.Life as we know it is over and we will be a banana republic overnight.Go to survivalblog.com and PREPARE-its your only chance.

Its not paranoia if its really happening to you.

He was joking!

Cant you smell the sarcasm?

Go watch oprah now . .

sorry for the quick post, got to run, work is waiting.
but well, add another $30 billion to the price tag of this...

apnews.myway.com...

There are those who say that the monetary crisis will force us to bow down to a New World Order. But multinational corporations in bed with international financial/banking interests who are in bed with international politicians are probably a bit more cagey than forcing you or I to "bow down" to them.

What purpose does such "bowing down" serve them when they are gradually making economic slaves of us all? They are intelligent enough to know that they can let us THINK we are free — or have some measure of personal liberty (which is not freedom) — all the while they regulate us, tax us at incredible levels (direct and indirect), control/debase our currency, use our hard-earned tax money to financially fund their various national/international schemes from welfare to warfare...

They don't need to have us bow down to them... we bow and scrape at their feet every time we pay taxes to financially (involuntarily) support their insanities, both at home and abroad... we bow and scrape at their feet every time they pass new "edicts" to regulate us.... we bow and scrape at their feet when millions of new Americans line up every year to receive various "benefits" from the federal, state, or local bureaucratic troughs... we bow and scrape at their feet when millions of Americans rejoice at receiving their "tax refund" — which represents nothing more than the OVER-PLUNDER which the coercive bureaucrats stole from us in the first place.

Free? What a joke.

Americans are the worst form of slaves. No one can help an economic slave who thinks he/she is free: they are enslaved far worse than the poor, ancient-Egyptian slaves who at least had the dignity and self-respect to know they were held in physical bondage... at least they knew they were slaves. But Americans have been enslaved by a far more insidious form of slavery than physical force... it's called fraud.

We live in the FRAUD STATE.

The Fraud State is a political entity wherein people give mouth heroics about freedom... yet we are all repeatedly enslaved every day by an endless variety of socialist/fascist bureaucracies: from the "Anti-Social Insecurity System" to the Infernal Revenue System (IRS)... to the Federal Reserve System (FRS), etc., ad nauseum...

The bureaucrat's sole function is to coerce, to regulate — ultimately with the threat of force, as necessary.

The bureaucrat's modus operandi:

EVERYTHING THAT IS NOT FORBIDDEN IS COMPULSORY.

How can an (economically) enslaved people be freed when they themselves think they ARE free? The enslavement of the human mind through fraud is the most powerful form of slavery and bondage.

If I were to intentionally set out to design an insane social system which is doomed to failure — I could not do better than what we have today.

We could attempt to "overthrow" this coercive morass of socialist/fascist schemers and bureaucrats. I would suspect that this would either 1) cause the socialist/fascist political state to become even more physically coercive or, if successful, 2) create a vacuum which would be filled by anarchy replete with the emergence of every hate group one could imagine.

I believe there is a way out. It will not be easy. It will be the most difficult thing that anyone could do... for psychological and physical reasons. The solution can be expressed as one sentence. But behind the following sentence is an entire technology:

THROUGH HIGH TECHNOLOGY & INNOVATION, OUTPRODUCING THE BUREAUCRAT'S ABILITY TO COERCE.

That is a tall order. Especially since most people have little patience and since the liberties that remain within our society are being attacked at an accelerated rate on many levels.

Why have over 19 major civilizations collapsed?

The details may differ, but all civilizations have fallen for one reason according to astrophysicist A. J. Galambos:

"Supply & Demand— The ideological demand for security was met with a political supplyof tyranny."

reply to post by dawnstar


Thanks for the update!

Just for the sake of those catching up with recent events, the so-called "Group of Seven" is the new meme for the MSM as they refer to the once-called "Group of Eight".

The Group of Seven countries said they welcomed the extraordinary steps by the United States to stem the crisis, including a plan for the Treasury Department to buy $700 billion in bad mortgages and other toxic assets held by banks and other financial institutions. Those dodgy debts are at the heart of the crisis. Besides the United States, the Group of Seven is made up of Japan, Germany, France, Britain, Italy and Canada.

Russia was exorcised from the group over the whole Georgia incident. As a result they are no longer considered an 'Industrialized" country I suppose. I was surprised that the press article didn't expand on that since the change is still recent.

reply to post by TruthWithin

Allen H. Meltzer, economic adviser to President Reagan stated: "This is scare tactics to try to do something that's in the private but not the public interest." 9-23-08 New York Times, p. A-21.

At the urging of the banks, Congress legislated the "No Document Loan" had no reliable basis to support it. The notion was one of credit scores being sufficient to allow loans. The banks, securities firms and real estate industry profited. Congress probably really did not understand the implications of what they were signing. They did receive huge campaign contributions from Political Action Committees (PAC's) of course.

Thereafter, the sub-prime market collapsed when the real estate bubble burst. Now dire warnings are being made of a world wide market collapse. The news is that President Bush wants a 700 billion-dollar blank check. This may be a fraction of the actual cost, which will probably run into the trillions. Although 63% of the American public disapproves, the PAC's are lobbying for it.

Prior to the 2005 Bankruptcy Reform, the credit industry was raising Cain about the American taxpayer paying the bill for poor American's getting bankruptcy relief. Their argument was that the public shouldn't be paying the cost in increased taxes for those write-offs. Now banks want taxpayers to bail them out, and are arguing that Americans should pay the bill for their bad investments. Credit card companies alone contributed $200 plus million to PAC's and got 'Bankruptcy Reform" passed.

It has recently been reported that the PAC's oppose strip down to value provisions (lien stripping down to value for residential mortgage loans) for Bankruptcy Judges, which would tangibly benefit the consumer. The banks don't like that. American citizens don't have the power to effectively lobby against the PAC's on this issue, so any such beneficial consumer notion goes out the window. Clearly, lien stripping should be part of any package, were this to make any sense for the American consumer at any level.

Domestic and foreign PAC’s finances Congress. Them PAC's is a good investment.

One of many problems that would arise from a bailout is that the root cause is not addressed. The bubble scenario is capable of repetition.

As old fashioned as it may seem, it may be timely to call your Congressman or Congresswoman or write a letter requesting a thorough analysis before they spend 700 billion to put a band-aide on a severed artery.

If the public does not speak up (and if media won't take the PAC's on) the blank check will be written. As far as writing a blank check to staunch the bleeding, stupid is as stupid does.

The requested relief also encompasses the American public paying for worthless securities held by foreign banks, which is ludicrous.

When all is said and done, PAC's are the cancer that may cost us our Country.

President Bush said we are not in a recession, but we are tapping the "Depression Era Fund." Actions speak louder than words.

It appears that the current administration wants to rush this through before public opposition is mobilized. Congress ought to carefully consider elimination of root causes prior to taking any action at all. Congress should not take any action that's in the private but not the public interest. If enough Americans email, write and call Congress, it may eventually result in a viable solution to our current economic woes. Rome was not built in a day, but Nero fiddled while Rome burned in a day.

Ultimately, until PAC's are made illegal, our interests are debased in the political equation.

Maybe Congress didn't realize that our financial system was about to "meltdown", but the Bush administration did months ago and did nothing to try to stop it!

This comes straight out of the mouth of the White House Deputy Press Secretary Tony Fratto!

White House Dispatches Team to Push Economic Bill

The White House today is drumming up extraordinary pressure on Congress to approve its plan to enact a $700 billion mortgage bailout fund, suggesting the markets cannot wait much longer and dispatching Vice President Cheney and other top officials up Pennsylvania Avenue to jawbone lawmakers.
******SKIP******
Fratto insisted that the plan was not slapped together and had been drawn up as a contingency over previous months and weeks by administration officials. He acknowledged lawmakers were getting only days to peruse it, but he said this should be enough.

They KNEW this meltdown was coming, and while Bush was saying on TV the economy is still strong, they were drawing up the plan to steal $700 billion from the taxpayers.

They KNEW this was coming and did nothing to try to prevent it from happening months ago!

They were planning months ago to stick US taxpayers with a $700 billion bailout debt!

Thieves!

This should be a criminal offense!

[edit on 9/24/2008 by Keyhole]

Incredible!!!

Bony(Osseous) ... here and in China the politicians also RELAX and do not center in a SPECIFIC POINT!!!

Because to work (they) to expect to come to a CRITICAL POINT..

Personally, I wonder if the collapse of these security companies will affect the average U.S. citizen at all. It is almost as if the economy of these banks is detached from the U.S. public. The U.S. public will see no benefit from bailing out these banks.

In reality, this bailout amounts to putting out life boats for the 1st class passengers, while keeping the third class passengers locked inside the ship the way they did on the Titanic. Even if approved, the ship will still go down, only the wealthiest will get any relief from this plan.

Write your congressional representatives. Thank God they haven't passed this mess already.

Suspending the elections for Bush is as easy as him invoking NSPD-51 and declaring a financial crisis, and national emergency on that basis. It's right there, he's got us. He called them both back to Washington, they suspended their campaigns, and he could do it. "Elections postponed until further notice due to key deregulation."

Hello to those of you who don't know what to make of all this and is zigzaggin between its the Fed's fault the chairman should be fired and its the goverments fault take a look at the new bill that has passed giving control to the fed (federal reserve bank) 1 its private owned that goes aginst the belives of the country and it gives them monopoly over your money meaning control over you, the country, and the goverment through dept to the bankers.. created from nothing.

now I know this is a youtube video and not worth much of a proof.
But it gives a look on the fed how it came into being and it uses fotage from the depression and presidental speeches that condem this as a criminal cartel of international bankers . it shows who gained what from the depression in the 1930's or was it 1929 ? anyways you will notice that its the same companies as it was then, that buys up property, smaller banks and other buisnesse that have faild in this economy of 2008.

www.youtube.com... in 5 parts

in this they mention important bankers, the trick then is to see who is behind ex: Jp morgan who helped them to riches who funded and helped them become what they are ...IMO there is only one answer Rothchilds !

I have been in doubt about conspiracies but this is in IMHO not a conspiracy anymore its fact ..heck even my goverment is buddy buddies with the Rothchilds helping our goverment giving investment advice oh my f god !

pls check it out and judge for youselves then look at who is sponsoring presidental candidates ect. international banks own goverments.. goverments control people and people pay to goverments..goverments pay..debt to banks created on a lie that paper actually have any real value..land...gold...water...materials...food... so when all is revealed we work getting housing and food that the banks and corporations own forcing us to work to gain paper that can be trated for food... stone ..rent..ect...meanwhile they have control because they can produce more paper since they have the monopoly more paper more power even though it is worthless ... thanks for you time



[edit on 3-10-2008 by a-being-?]