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Overunity Machines Forum



I see an economic diasater coming...

Started by the_big_m_in_ok, September 03, 2009, 01:05:30 AM

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0 Members and 10 Guests are viewing this topic.

Do you think the American economy will ever improve?

Yes, definitely
Possibly, in the long run
No, it will worsen
Undecided

triffid


In addition to a re-establishment of a Bank of the United States, what is needed today is a
group of statesmen in industry, agriculture, science, and technology to be the main drivers
and directors of branches of a national banking system; men and women of the fiber of
Mathew Carey, Nicholas Biddle, and Charles Carroll, who have a vision of what the country
and world should look like, and work with their associates in government and businessmen to
invest the nation's and the world's resources to that end.
Such  a  team  of  statesmen  must  immediately  move  to  replace  the  bankrupt  and  rotten
financial system now with the U.S. System of Public Credit, beginning with a wipe out of the
vast derivatives bubble through the implementation of Glass-Steagall, a derivatives bubble
whose  creation  was  as  equal  a  violation  of  the  Constitution  as  that  which  usurped  the
Congress's control of the currency in 1811-1816, or the treasonous destruction of the Bank by
Jackson in 1832-1836.

triffid


The greatest crime ever committed within the United States was the destruction of the credit
system  in  1832-1836  by  the  hand  of  Andrew  Jackson,  by  which  farmers,  laborers,
manufacturers,  and  the  whole  expansion  of  the  economy,  were  crushed,  through  the
tyrannical usurpation of legislative power. The greatest lie ever told in the United States was
that the Bank of the United States under the direction of Nicholas Biddle was destructive to
the liberties and safety of the republic. 
In 2012, after the world productive economy has likewise been ravaged for many years, those
who purport themselves the saviors of the people turn to Jackson and his destruction of the
Bank of the United States as their model, blind to the destruction and lies which made up that
sorry destruction and intentional shrinkage of the economy, and its continued effects.  The
deadly error with this situation is not the fact that people have been duped into believing a
lie, but that it represents a failure to understand the great credit system of Nicholas Biddle
and the Bank of the United States, a failure to understand the powers of Congress which made
this system possible, and a failure to realize its re-establishment today, for the sake of a
unified national credit structure for sovereign nations.

triffid


"We don't have the food supplies to maintain the population of the United States itself, right now!" Lyndon LaRouche said this July 7. We are now well into the principal crop season of North America, and it's a catastrophe. Drought persists in the entire southwestern part of the continent, but also dryness and heat have struck a multi-state zone in the U.S. Cornbelt. The weather impact, the decades of anti-improvements, plus the barring of any food reserves under WTO rules, means hunger and famine. A few updates from Mexico and the U.S. document the scale of this emergency.
Mexico: Hunger, Drought, Desperation
NATIONWIDE: Two out of three hectares are affected by drought. The National Water Commission, CONAGUA, confirms that 1,213 municipalities suffer the same phenomenon in varying degrees. Nineteen of the 32 states are affected by drought.There are now 20 million rural poor, and nationwide, there are 52 million in total, out of the population of 115 mn. Cruz Lopez Aguilar, head of the House Agro and Cattle Commission, estimates that there's been a 35% increase in poverty nationwide as a result of 2011 drought, now extending well into 2012. "That's terrible, because this is added to the 52% poverty we see in the whole country..." In money terms, the drought directly is reducing the GDP by 10 percent, according to INEGI, Mexico's statistical agency.

triffid


FOREST FIRES are occurring. INEGI reports that 2011 was one of the worst years ever, in terms of forest fires, in which Coahuila was especially affected, where 425,000 hectares (about a million acres) were destroyed. Losses amount to $15 bn. pesos nationwide. Almost 1 mn. Mexicans are forced out of their locales every year due to forest fires. 53% of area affected by forest fires is concentrated in four states: Durango, Coahuila, Sonora, and Chihuahua, where drought has been most severe. A total of 243,000 hectares in these 4 states alone, have been burned.
WATER WARS. "Social conflict" is becoming the operative phrase as farmers and citizens in different parts of the country are fighting with each other, drilling illegal wells, etc. Something similar has occurred in drought-stricken parts of Brazil. An Agriculture Ministry official has complained that since there has not been a total ban on drilling wells, this has led to a crisis in over-extraction of groundwater. Head of the Independent Peasant Confederation (CCI) says that there must be a "New Rural Development Plan" to create jobs and stimulate domestic production, to avoid social conflict.
The first death from this occurred June 7 in Durango, when an 8-year-old girl was shot, when her family was trying to take water from a disputed well. Residents are defending water rights with machetes in one Durango municipality, according to El Universal. A local official in Durango warns that because 19 municipalities are suffering water shortages, this could lead to conflict between municipalities.
The situation is acute in Chihuahua, were Mennonite groups are digging illegal wells.
FOOD CRISIS. Mexico is at present 40% food-import dependent, according to CCI leader Rafael Galindo, who says that this figure could go to 80%, due not only to drought, but also to floods, tornados, and other natural disasters.

triffid


Beef deficit. Mexico now has a beef deficit: between January and June, the country imported $600 mn. worth of beef, while it exported $400 mn. worth, according to head of the National Confederation of Cattle-Growers Organizations. An estimated 33% of the national cattle herd is damaged, that is, 9 million head.
Crop damage. Cruz Lopez Aguilar, head of the House Agro and Cattle Commission, says that even in areas where some rain has occurred, there is accumulated damage caused by two years of drought, and in some cases, farmers haven't been able to produce crops for three years.
2011 was the worst year of drought, during which 2.7 mn. hectares were lost for seven of the major crops, especially in Sinaloa, Zacatecas, and Guanajuato.
- Some State Highlights:
â€" Nuevo Leon: 50,000 head of cattle have been destroyed, 10% of the state's herd. The volume of water impounded by dams has fallen by 27% over the past 12 months. Orange exports are down by 50%; crop is 35% of normal.
â€" Zacatecas: An officially estimated 80,000 head of cattle were lost. The regional cattle-growers organization says cattle losses are higher, at 150,000 head. Bean production 25% of normal, down to 73,000 tons from 300,000 tons. The dams are at 17% of capacity.