Surviving "the biggest Ponzi scheme the world has ever seen"
Reposted here so more viewers can see/read it...
$50 Billion Madoff Swindle is Miniscule Compared to Federal Reserve's Ponzi Scheme
"Consider this: The Fed has created over $7.7 trillion in new money in order to bail out all sorts of incompetent (but wealthy) individuals and companies. In effect, it's using new money to cover the losses of existing stakeholders, and as the system is nearing collapse, the only way it can keep the whole scam running is to create even more new money and thrust it in to the same money hole.
Does that sound like a mammoth Ponzi scheme, or what?"
Yeah, done against the will of their constitutiants but they weren't recalled or voted out so no wonder the politicians think they can do anything they want and answer to no one.
__________________ America: Love it and protect it or leave it In God I Trust
I support Arizona
windwalker they can do what they want till the day comes we quit bitchen and start acting when the hammer of the american people finally falls on this goverment they will wish they had been the food and drug adminestrator of china and we all know what happened to him.RIP
Yes, our politicians from the President on down see fit to set aside any part of the Constitution that they don't want to abide by. This is illegal and should not be tolerated by We, the people to whom these politicians are supposed to represent. Yet, as far as I know, no State has tried to recall one of these politicians for violating the Constitution.
__________________ America: Love it and protect it or leave it In God I Trust
I support Arizona
The politicians were truly afraid! That's right, just as the powers that be in those dark rooms behind closed doors have used fear to control the people they also used fear to control congress! Many politicians that were against the bailout in its entirety ended up voting for it because they brought in so many "experts" saying that it would be all at marshal law in most major areas if the banks were to fail. We know this to be untrue but they they made such a compelling case! Believe me, I hate the guys on capitol hill as much as anyone for their blatant inaction and disregrd for the constituion, but even higher powers set this thing up from the start!
When a private citizen creates a fund where the participants pool their money in the hopes that all will recieve profits, but only the older investors recieve profits at the expense of the younger inverstors. That is called a Ponzi scheme.
But when the government does the same thing they call it Social Security.
When a private citizen takes someting of value that does not belong to them it is called theft.
But when the government does it, it is called taxes and immenent domain.
When a private citizen prints money with out having any hard asset to insure it, it is called counterfitting.
But when the government does it, it is called The Federal Reserve.
I used to get so PISSED when I would hear teachers, the media, even my family say 'the government can do anything'. But now I'm even more pissed that I know most people both in and out of government let it be the truth.
__________________
The scariest words in the English language are 'I'm from the government; I'm here to help.' - Reagan
The bailout left the same management talent in place in both the financial
and the automotive industries. So, what was the purpose? You still have the same firms with high interest credit cards being pumped out and the same lack of creativity at Chrysler and G.M. Think about it - their basic pickup designs have been pretty much frozen for the last eight years.
G.M. talks the Volt but has yet to get the plant finished to build one of them. Chrysler doesn't really talk anything.
For a while I was relieved of the effort in throwing credit card mailings in the trash but now it looks like the same old thing as I got one from CITI last week. You would think that since I paid off and cut up my credit cards twelve years ago and have never applied for one since that time the light bulb would come on that I do not intend to reply to their mailings.
The Republicans and Democrats have done nothing other than perpetuate corporate welfare at the expense of the American citizenry. With pride I voted a straight Libertarian ticket in November. What connection do I, or in fact most of the middle class, have with the Democrats or Republicans?
Instead of encouraging Americans to save money and be responsible, their dropping interest rates low as hell and extending more lines of credit faster that you can shake a stick at. The answer to all problems according to Obama is more government control, trillions more in spending and more credit. I guess we still have plenty of secure resouces to keep selling off to China to foot the bill, and oh ya dont forget rasing taxes will make it better.
Ponzi scheme or not, tjhe bubble can only get so big before it bursts then the shtf and chaos spreads with thr rapidity of the speed of sound!
.....And it will burst with the same speed and finality. The only "winners" will be those who had the foresight to prepare for it, and they had better be prepared to fight for their lives to keep what they have stockpiled. It's not going to be pretty.
Surviving "the biggest Ponzi scheme the world has ever seen" 
