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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

Previous topic - Next topic

0 Members and 7 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

The space transportation we have now.   http://www.youtube.com/watch?v=4dz9uNG9Q0o&feature=related  pretty good 35 minute video.triffid

triffid


the_big_m_in_ok

Quote from: triffid on July 09, 2012, 05:24:22 PM
Hi Sparks and Big M,It seems that the cliffs edge has sobered up a lot of people on both sides of the pond.I hope its true as Im finding my info from mainly one website.The media over here in the USA doesn't really talk about it.   http://larouchepac.com/
triffid,
http://www.insurancejournal.com/news/international/2012/07/10/254945.htm

That British politician was right.   The economy we know and love will be crispy toast and long-dead history, probably by Nov.---before or after the elections, I don't know for sure.   People who criticized me in the past about the subject of this thread, whoever they are, are as silent as space now.

I get the last LOL!!!

--Lee
"Truth comes from wisdom and wisdom comes from experience."
--Valdemar Valerian from the Matrix book series

I'm merely a theoretical electronics engineer/technician for now, since I have no extra money for experimentation, but I was a professional electronics/computer technician in the past.
As a result, I have a lot of ideas, but no hard test results to back them up---for now.  That could change if I get a job locally in the Bay Area of California.

triffid

29 pages of an excellent essay on the history of banking in the USA.ITs not the first time our "banks went wild".triffid
http://larouchepac.com/files/Credit%20System-vs-Speculation-20120704_0.pdf

triffid


By Michael Kirsch
July 4, 2012
Many in the United States Congress want to know how to reorganize the U.S. economy, but are stuck
with two fundamental questions: how to regulate speculation according to constitutional powers, and
how to generate wealth and the means of funding a nation-wide recovery.  There is an alternative to
Federal Reserve and Eurozone bailouts and austerity.  The alternative is a re-establishment of a U.S.
Credit System, in which the first step is a re-instatement of the Glass-Steagall law, as represented in Rep.
Marcy Kaptur's H.R. 1489. 
For the purpose of understanding how to fully re-implement a U.S. Credit System in July-August 2012,
research for this article was done on the full history of how the Second Bank of the United States
functioned to create the greatest period of economic growth in our history. This research was done as
follow up to a similar investigation with regard to the way in which NAWAPA XXI would relate to the
Hamiltonian System of Public Credit, the results of which were published in March 2012.
1
In a recent EIR article
2
, the unification of  the nationalist  movement  which led to  and  created  the
industrialization of the United States was developed in full.  In this article, the subject is the workings of
the credit system, how it was directed and the conception which made it possible.
The in-depth historical investigation is necessary knowledge for those taking up the matter of fixing the
current global mess which has been created, and designing a plan that can fund a U.S. recovery, or a
recovery for their own nation. While this article does not include a full demonstration of applying the
historical principles reviewed to an immediate programmatic design, as was done in Appendix 2 of the
recent NAWAPA XXI Special Report just referenced, it is an important piece of the complete scope of
historical development of a functioning Credit System, and that in its most outstanding form. 
Our story begins near the beginning of the War of 1812, when the first Bank of the United States met its
demise.


then 27 more pages of the PDF file I just posted a link to .