Looks like it's going to drop this year. Indymac was the 2nd largest bank failure in history, and 2 huge banks are next to go under. Ron Paul is also saying a big event with the economy will happen soon.
http://www.dailykos.com/story/2008/7/26/8327/37155/49/557261
Quote from: buzneg on July 27, 2008, 12:55:14 AM
Looks like it's going to drop this year. Indymac was the 2nd largest bank failure in history, and 2 huge banks are next to go under. Ron Paul is also saying a big event with the economy will happen soon.
http://www.dailykos.com/story/2008/7/26/8327/37155/49/557261
Bankers now own the earth, with Free Energy or the coming Depression they will be destroyed, the filthy basturds!!
That's the result of believing in a paper currency system where NOTHING is actually paid for. Only DISCHARGED. :'(
Read Wests' Negotiable Instruments. U will learn how 'paper' became, and now is, is above the law.
The paper version of white collar 'over unity' catching up w/them.
5horses
I felt that way for awhile too. But there is nothing wrong with paper currency, whats wrong is the stupidity of the population. Everyone could be very wealthy very easily, even after a great depression has struck. The problem is everyone is so used to money as being something special, and they're baited into using the goverments currency, and banks. Baited to use the currency because taxes must be paid in them, and banks because they increase the supply of money all the time, and the only way to get some of that you have to have it in the bank, even though they print a larger percentage then the deposites gain, so the population still loses. It's encouraged to go into dept by this printing aswell, which is a death lock.
But anyways the people get the government that they deserve, they'll just pay for their meals before they eat because the price of the meal rises so much durning the meal, and not understand they could just make their own money system, and not have these problems.
Quote from: Xaverius on August 02, 2008, 04:13:13 PM
Bankers now own the earth, with Free Energy or the coming Depression they will be destroyed, the filthy basturds!!
No one owns the earth, however rich, powerful and deluded they may be.
The earth owns each and all of us.The path of all peoples leads from ashes to ashes and from dust to dust .... KneeDeep
Quote from: hoptoad on August 04, 2008, 02:47:29 AM
No one owns the earth, however rich, powerful and deluded they may be. The earth owns each and all of us.
The path of all peoples leads from ashes to ashes and from dust to dust .... KneeDeep
Quote from a central banker "Take away all of the wealth of the world today, and by tomorrow, with the stroke of a pen(to write a check with) I will bring it all back into existence.
Quote from: Xaverius on August 04, 2008, 03:30:47 AM
Quote from a central banker "Take away all of the wealth of the world today, and by tomorrow, with the stroke of a pen(to write a check with) I will bring it all back into existence.
He's got a God complex I'd say. Give him a shot of humility and let him eat his check when he's hungry :D
If you really truly think banks are about to crash, well, get rid of all your cash by converting it into real estate or gold or other tangible good that can be traded if currencies were to collapse.
Friday 1st August, another one bites the dust:
First Priority Bank in Bradenton Florida.
http://www.fdic.gov/bank/individual/failed/firstprioritybank.html
Howdy Y'all,
This is all about Karma. Money is inseparably connected to Karma. If you run a dishonest business, or worse yet a dishonest world economy you can expect it to fail. Fiat money can be created out of nothingness, so it is worth nothing. The only thing that actually has value is human labor. Everything else is raw materials or products. Products are of greater value than raw materials because human labor has been expended to produce them. Gold ore is a raw material. A gold coin is worth more because human labor is required to transform the gold ore into coinage. The coins can be transformed into a more valuable product by adding more labor, say by turning the coin into a gold wedding ring. The Federal Reserve creates money out of nothingness then loans it to the US Government at interest. This means the US Government cannot possibly ever repay the debt. Think of the unbelievable amount of bad karma that the Federal Reserve has accumulated, of course they are going to fail, its just a matter of time. Money will be based on precious metals and other valuable materials again in the future. The coming total collapse of the world economy will guarantee that.
Blessed Be Brothers...
Quote from: utilitarian on August 04, 2008, 05:30:32 AM
If you really truly think banks are about to crash, well, get rid of all your cash by converting it into real estate or gold or other tangible good that can be traded if currencies were to collapse.
Don't get rid of your cash, get rid of your deposites at banks. Physical cash is a good thing to have right now, because when banks crash the money supply will drop like a rock, unless they inject more liquidity, bail outs etc. It may be that the banks don't crash, but they will have to bail them out, and that will cause hyperinflation in maybe 6 months afterwards as the money circulates. With banks crashing there will be delation this is why cash is good, while everyone else lose their deposites, all that "money" that was there will be written off the money supply, and the price of everything will go down, so the few people with cash can buy everything for cheap. Most likly they will let all the smaller banks crash, and then bail out the big banks, which they are buddies with. This will cause deflation, and then inflation. First they drive down the price of everything, and then they buy everything, and by the time the inflation settles in all the parties which are out of the loop would have sold their useful assets for cash, which soon after becomes worthless.
Cash is good incase deflation happens, but Gold Silver, and useful assets are good to have incase inflation takes over. They could easily cause inflation or deflation to happen, it can't be predicted which will happen, I think inflation will happen though, becasue if people go to the bank and see they have no money they will get pissed, but if the price of everything goes up the media can always give excusses, and it's less of a shock.
Get hooked up to an organic grower and start storing food...its going to get bad before it gets worse.
Here is a list of store closures...
Ann Taylor closing 117 stores nationwide.
Eddie Bauer to close more stores after closing 27 stores in the first quarter.
Cache, a women's retailer is closing 20 to 23 stores this year.
Lane Bryant, Fashion Bug, Catherines closing 150 stores nationwide
Talbots, J. Jill closing stores. Talbots will close all 78 of its kids and men's stores plus another 22 underperforming stores. The 22 stores will be a mix of Talbots women's and J. Jill.
Gap Inc. closing 85 stores
Foot Locker to close 140 stores
Wickes Furniture is going out of business and closing all of its stores. The 37-year-old retailer that targets middle-income customers, filed for bankruptcy protection last month.
Levitz - the furniture retailer, announced it was going out of business and closing all 76 of its stores in December. The retailer dates back to 1910.
Zales, Piercing Pagoda plans to close 82 stores by July 31 followed by closing another 23 underperforming stores.
Disney Store owner has the right to close 98 stores.
Home Depot store closings 15 of them amid a slumping US economy and housing market. The move will affect 1,300 employees. It is the first time the world's largest home improvement store chain has ever closed a flagship store.
More here..
http://www.marketoracle.co.uk/Article5723.html
FYI, the FED is no governmental body as you might think, it's a PRIVATE bank: http://www.apfn.org/apfn/reserve.htm
How much gold reserves do you think is still stashed in Fort Knox? http://www.apfn.net/Doc-100_bankruptcy10.htm
Howdy Y'all,
Fort Knox? I thought they mothballed that facility. If there was something there the International Banks probably stole it in the middle of the night. So it is saddening to hear that so many businesses are suffering. My tiny engineering business is suffering also. This is what the Illuminati have done to us and it is they who should suffer the consequences of their actions. Our nation will survive this but there are going to be a lot of changes. Like Cap-Z-Ro said, stock up on those foodstuffs, water and build some FE generators we are going to need them...
Blessed Be Brothers...
It's not just the US that has problems, 'they' are out to bankrupt as many countries as they can. True, the greenback is backed by nothing (gold etc.) so the US government can and does borrow as much of the stuff as they think they need, knowing all the time that it's the American taxpayer who is stuck with the bill! However, while the mighty US now owes about 12 trillion, I was surprised to discover that the UK owes a whopping 8 trillion!!! In fact, when go through what each country owes, you get an overwhelming sense that some of the world's poorest countries are far better off, as they owe a pittance in comparasion...
Quote from: Sprocket on August 04, 2008, 08:06:25 PM
It's not just the US that has problems, 'they' are out to bankrupt as many countries as they can. True, the greenback is backed by nothing (gold etc.) so the US government can and does borrow as much of the stuff as they think they need, knowing all the time that it's the American taxpayer who is stuck with the bill! However, while the mighty US now owes about 12 trillion, I was surprised to discover that the UK owes a whopping 8 trillion!!! In fact, when go through what each country owes, you get an overwhelming sense that some of the world's poorest countries are far better off, as they owe a pittance in comparasion...
i get the impression that if the math was done the fed/res bankers with there unlawful taxing and banking practises which in turn makes the Gov up our taxes because they have no idea how to budget in the first place, we would find that we are and have been out of debt 50 times and more.... the bottom line is a system has been put in place by the banks to make sure we never paye the tax back.
"America's Total Debt Report - this report covers the most dangerous picture, that of all debt in America (government debt plus all private debt, including debt of households, financial sector, and business) - now $53 Trillion" :o :o :o :o
source: http://mwhodges.home.att.net/
One of the best free & independent sources 4 economic analysis on the web,
sas
The Federal Reserve controls ALL global politics, including and especially the US government. It is a quasi-public cartel of international bankers who are operating a counterfieting organization. They are directly responsible for taking our liberty and rights away and perpetrating 90 percent of our social problems. They are the worst form of organized crime, they make money by charging interest from workers who have essentially become slaves and have indebted the world for over half a quadrillion dollars. (600 trillion) This housing bubble is the last hoorah, now is time for them to pay the consequences. The economy is in the early stages of hyperinflation, the ultimate result will be deflation. Free Energy/OverUnity would be ideal at this time in history.
I heard an interesting story once.It was at the end of world war two and in japan.Two shipmates wanted to go to town and have a good time.Their problem?How to raise the cash?Selling gold was out of the question,since it wasn't selling for much and they didn't have any.So one guy said he had an idea and went to the ship's stores to get packs of smokes(cigs) and bars of soap.With the money they made by selling these items to the local people they had that good time away from the ship.So don't overlook items that everyone may want and need may .Triffid
(https://overunityarchives.com/proxy.php?request=http%3A%2F%2Fimg135.imageshack.us%2Fimg135%2F8499%2F87rb2.gif&hash=afed23b4c66ed76066f9fca5746b60964700f62e)
Because the new money, which causes price inflation, is inserted at the banks (and by the fed which is owned by the biggest banks) The only way for other people to get a piece of it is to get a loan. This is what encourages dept. At first when you look at a loan it may look like the interest is a lot down the road, but money keeps losing value so it isn't that much.
Not only does money keep losing value, but it should be gaining value, as stock piles increase, and productivity increases. Play a computer game like age of empires, and you'll get a better sence of economic's. Wealth grows exponentaly, and even if productivity doesn't increase, wealth will grow with time. So why is everyone working 40 hour weeks? Because the US is 72% services, Canada, about 62%, the finanicail services is about 40% of all the money made. They're making soo much because the banks create money, and they feed off of that, as they get it 2nd hand, leaving the masses to get it latter.
Regulatoins and buracracy is a great deal of services too.
tomorrow is 8/8/08. which adds up to 24.
both are "important numbers", to the pleiadians. but also to the chinese.
on july 27th or so, ron paul said that economic problems would soon be here.
around the exact same time, benjamin fulford warned that 8/8/08 would be here soon.
i don't know that 8/8/08 will be a spectacular implosion of all that we know.
but i am certain, that lots of very powerful people, are planning to make big moves on 8/8/08.
even if we don't hear about the moves until later. or even "feel" the moves, until much later.
focus intensely on something "good" happening on 8/8/08. but your manifestation power into making tripple 8 a great day for all of humanity!
I don't want to ruin your fun but its 8/8/2008, far from 8 ;)
We are 2000 late!! Shame!
Howdy Y'all,
08/08/08 is Galactic Freedom Day!
http://www.galacticfreedomday.com/
It's also my 11th wedding anniversary.
So 8+8+8+11=35, uh, got nuthin'...
It is a significant day in my life.
Blessed Be Brothers...