this is all part of Osama's master plan

8/15/2007 7:32:59 PM

Eugh. I knew there was a reason I never come into soapbox. I'll just say ditto to everything Mr. Joshua said. Salisburyboy, your views on inflation are flawed to say the least.

8/15/2007 10:24:44 PM

I notice Salisburyboy is starting to use credible sources

... perhaps the US is on the verge of collapse.

8/15/2007 11:59:20 PM

Quote :

" Then prove that its a bullshit figure instead of just calling it names because it hurts your theory. Its a well accepted number and can hardly be called a government figure - a 10 second internet search will prove this to you. I've asked you to provide proof of your claim that the value of the dollar has decreased by 30-40% over the past 5-6 years and you have failed to do so - I assume because no proof exists."

Are you talking about cpi or cpi-core? I mean, I guess inflation is in check when you remove energy and food prices from the equations.

If inflation was under such control over the years, why did the fed have to raise rates so many times...to control it?

8/16/2007 7:10:42 AM

Quote :

"See, if you invest in all those things, you'll be able to subsist, at best. If I was looking for society to collapse, I'd be buying me some precious metals, because after currency becomes useless that stuff will be the shit. "

You can't eat or drink gold or silver. You can't directly defend yourself with it (unless you throw it at someone). If society totally collapsed, food, water, guns, ammo, and the like would be prime value....while gold and silver would be worthless because virtually no one would want or need it.

Quote :

"I notice Salisburyboy is starting to use credible sources"

You have to view the lamestream media for what it is...a propaganda outlet for the criminal establishment. As an anaglogy, view it as the spokeperson for the mafia or some other criminal organization. Whenever the establishment media puts out some information that is advantageous or supportive of their agenda, you must view that information with extreme skepticism, and most likely the information is false or misleading. If, however, the information is disadvantageous to their agenda, it can be viewed as an ADMISSION (of at least part of the truth). Think of it as a common criminal confessing to detectives of at least part of his responsibility in a crime.

I am using the establishment media in cases where it "incriminates" itself.

8/16/2007 7:11:28 AM

Question -- why do you sometimes put the word "establishment" in quotation marks for no reason, and other times leave it normal?

Quote :

"If society totally collapsed, food, water, guns, ammo, and the like would be prime value....while gold and silver would be worthless because virtually no one would want or need it."

People liked gold before society took off, they'll like gold after it dies. Hell, they'll like it more, because they'll still have a residual societal attachment to it. Or do you honestly think that all trade will cease?

As long as people trade -- which is to say, as long as they are people -- precious metals will be a fine currency. And as long as chicks like shiny things -- which is to say, as long as they are chicks -- gold and silver will be very useful indeed.

But you don't want to concern yourself with the fundaments of human nature, trade, and social interaction, you want to picture yourself with guns and MRE's so that you can be Billy Bad Ass.

8/16/2007 9:59:02 AM

Wow, GrumpyGOP, good psychological analysis; you've got salisburyboy dead to rights.

8/16/2007 10:07:19 AM

Here's a big collection of other disjointed thoughts I've been having about salisburyboy in view of his recent threads:

What makes the salisburyboy-ites peculiar isn't the conspiracy thing -- lots of people much more mainstream than them believe a great many of the theories circulating. It's the bizarre tendency towards survivalism.

Why the hell does this happen? It isn't just that they're afraid, or at least I think it isn't. Fear alone, one would think, would prompt them already be in some degree of hiding, certainly not out in public, vocally -- if anonymously -- talking about it. Some like them, I suppose, probably come to places like this and talk all this nonsense just so that we will argue with them and thus, in a perverse way, console them that their fears are unfounded.

But not salisburyboy and his ilk. They are afraid, clearly -- at some level, fear is a basic element in all motivations like the one I am about to describe. But their fear, in combination with other factors, has caused them to arrive at the conclusion that the only way they will ever be OK is to be in charge of their world.

Now, fortunately for us, the "world" of the average salisburyboy-ite is quite small, and can normally be contained effectively within, oh, I don't know, a compound. Of course, they are denied complete charge -- the only kind acceptable to them -- over even that so long as there is any government to speak of.

Each individual is clearly incapable of destroying the government or even simply escaping it (see: Jonestown). So, they hope for -- and eventually come to believe in -- the collapse of the government of its own accord, or perhaps as the result of a much larger overthrow. However, they will never actually lead the overthrow -- that would entail working in a world that is simply to large to control. They may well not even fight in the revolution if they can help it, because then they control far too little, and besides, their personal involvement is unlikely to change the outcome of the war and would thus only serve to bring them honor, an unecessary accoutrement to someone who is already in control of his compound.

And so salisburyboy wants his guns and his MRE's and his water purifiers, so that whenever that magical thing that doesn't involve him at all finally brings about an end to the government, he can segue straight into his own world, or rather, his own real world, instead of the largely imagined one he's had to construct in order for this outcome to seem remotely plausible.

---

In the end, for all his talk of how terrible the government is for using force, it is ultimately the only thing he understands. Perhaps that's why he talks about it so damn much. He wants guns and food because he understands how he can use those as leverage to control his world. He has no comprehension of how to do it with commerce or diplomacy -- and, because he doesn't understand them, he has attributed both realms to the arcane arts of Illuminati Jews or whatever.

[Edited on August 16, 2007 at 11:00 AM. Reason : no homo]

8/16/2007 11:00:18 AM

So I actually read all this and here are my thoughts:

1) Why hasn't anyone pointed out that the rising price of oil and housing are both related to shifts in the demand curve? China consumes more oil because its industrializing, D moves right and there you go, a new price point. Same thing with raw materials in the US housing market, more people bought homes, D goes right. Is the latter due to unsound lending practices? Yes. Will we all die? No.

2) Gold and silver have no intrinsic value beyond their shininess and relative rarity. Eventually, someone will realize this.

3)

Quote :

"my advice get out of the stock market, get out of all debts, use your dollars to invest/buy things of actual value before the dollar completely collapses"

Cause that won't cause economic collapse if everyone does it. Besides, few and far between are the people who can afford shelter without going into debt to purchase it.

4) Rising prices aren't really a big deal if they are matched by rising wages. Largely, they are.

The problem isn't with salisburyboy's premise that the US is in rough straights, it is his solution. He feels like we should all withdraw from society, plant vegetables in the back yard, and live off vineson and hungry vagrants we've shot after they wander on to our property looking for food.

If the government were to collapse under its own weight, the fault would lie squarely on the shoulders of the Republican party. Sure, most of these programs were started under the Democrats, but thats what they promised and that is what they were elected to do. The current crop of "neo-con" Republicans have done exactly what they promised not to do.

The real solution to this problem isn't marksmanship training, its engagement as citizens in the political process. Unfortunately, that isn't likely so maybe the US will collapse. But even then, sitting on your porch encased in Kevlar with a house full of ammunition will only last you a few weeks. Eventually you'll run out of food and ammo, or someone will kill you coming to get your supplies.

The real solution after a sudden collapse will be groups of people banding together in mini-societies and working with their individual talents to rebuild.

[Edited on August 16, 2007 at 11:19 AM. Reason : .]

8/16/2007 11:17:02 AM

Quote :

"Gold and silver have no intrinsic value beyond their shininess and relative rarity. Eventually, someone will realize this."

A lot of people already have realized this, myself included, and probably have known it throughout history. But people in general are stupid. They will keep wanting gold until they all have as much as they want or until they die. Virtually every society and civilization that has ever known gold has attached a high value to it.

So you can go all commie on me and say that things have value different from what people ascribe to them, or you can drop the topic.

8/16/2007 11:21:32 AM

Meh, you're agreeing with me fundamentally, but you brought up something I failed to account for in my logic and that is best summed up by P.T. Barnum's quote, "no one ever went broke underestimating the the American public."

So I concede that gold and silver will probably hold some value as long as man is man.

8/16/2007 11:25:25 AM

Quote :

"The real solution to this problem isn't marksmanship training, its engagement as citizens in the political process."

No, that's not going to work either (at least not by peaceful means via the existing political paradigm) . The U.S. is a de facto oligarchy (ie, rule by the elite). People still have some level of influence over their local and state governments, but forget about it when it comes to the federal government, the big policy decisions, and the big players (eg, state governors, etc). There is the illusion that the masses have control of how they are governed, but the reality is that our selected (errrrr..."elected") representatives are bought-and-paid for and do the bidding of the powers-that-be working behind the scenes.

The only way to defeat a tyrant is by using force. The tyrant isn't going to just give up his power.

Quote :

"Unfortunately, that isn't likely so maybe the US will collapse. But even then, sitting on your porch encased in Kevlar with a house full of ammunition will only last you a few weeks. Eventually you'll run out of food and ammo, or someone will kill you coming to get your supplies."

You won't run out of food if you have (as you mentioned) a plot of land for a garden/crops...and you could last 6 months to a year (or more) with just a large supply of storable foods like canned goods, rice, etc. And as long as you have access to water (and a water purifier, if necessary), you will be ok.

Quote :

"The real solution after a sudden collapse will be groups of people banding together in mini-societies and working with their individual talents to rebuild a society."

Exactly. What used to be the U.S. will break up into many smaller nations. Here's how I see it possibly playing out. The mexicans and hispanics will take a good portion of the southwestern U.S. White separatists/nationalists & conservatives will take most of the U.S. land mass (large portions of the midwest, northwest, and south). Whatever is left of the "liberal" politically correct "diversity"-loving whites (who don't own guns, etc) can join together with the jews, blacks, and other non-whites and have their own little multi-racial "utopia" on the most undesirable land left over.

8/16/2007 11:40:34 AM

Thank you for proving my point that the only thing you seem to understand is force.

Really, you're a lot more Russian in your personality than I think you've ever guessed.

8/16/2007 12:38:33 PM

understand this

http://www.mcclatchydc.com/227/story/18902.html

Quote :

"Prices for key foods are rising sharply By Kevin G. Hall | McClatchy Newspapers Tue, August 14, 2007 MIDLAND, Va. — The Labor Department's most recent inflation data showed that U.S. food prices rose by 4.2 percent for the 12 months ending in July, but a deeper look at the numbers reveals that the price of milk, eggs and other essentials in the American diet are actually rising by double digits. Already stung by a two-year rise in gasoline prices, American consumers now face sharply higher prices for foods they can't do without. This little-known fact may go a long way to explaining why, despite healthy job statistics, Americans remain glum about the economy. [...] The Bureau of Labor Statistics said in its July inflation report that egg prices are 33.7 percent higher than they were in July 2006. Over the same period, according to the department's consumer price index, whole milk was up 21.1 percent; fresh chicken 8.4 percent; navel oranges 13.6 percent; apples 8.7 percent. Dried beans were up 11.5 percent, and white bread just missed double-digit growth, rising by 8.8 percent. [...] The Labor Department's last detailed survey of consumer spending, in 2005, showed that Americans spent about 12.8 percent of their income on food."

Between housing, food, & gas...that's a good chunk of what most Americans buy. Not only that, but they are essentials. And all of these things are skyrocketing in price.

8/16/2007 1:01:40 PM

yes..milk and eggs are most certainly essentials

8/16/2007 1:12:25 PM

Has anyone noticed the big article on the front page of CNN.com about the Dow down 300 some-odd points along with the other markets?

I think it's kinda hard to argue that the dollar buys a whole lot less now than it did 4 or 5 years ago. Gas and food are great examples. Those aren't the only ones, just the easiest to relate to.

8/16/2007 1:42:24 PM

^^^ You really pick and choose whenever you cite anything that isn't directly from prisonplanet. Funny how you never include anything that doesn't support you and generally miss the point of every news article.

Quote :

"These numbers get lost in the broader inflation rate for all goods and services, which measured 2.4 percent for the same 12-month period. Across the economy, rising food prices were offset by falling prices for things bought at the mall: computers, cameras, clothing and shoes. "All of that stuff is going down in price, but prices for gasoline have gotten higher, and food prices have gone up," said Mark Vitner, a senior economist for Wachovia, a large national bank based in Charlotte, N.C. People also go to the mall a lot less than they go to the grocery store, so they're constantly reminded that dietary staples are up sharply. Why are food prices rising? It's partly because of corn prices, driven up by congressional mandates for ethanol production, which have reduced the amount of corn available for animal feed. It's also because of tougher immigration enforcement and a late spring freeze, which have made farm laborers scarcer and damaged fruit and vegetable crops, respectively. And it's because of higher diesel fuel costs to run tractors and attractive foreign markets that take U.S. production. ... In broad terms, the economy isn't terrible. Unemployment is near record lows, and the second quarter posted a strong 3.4 percent growth rate. But it is for those Americans who are pinched by rising food and gasoline costs, and that's a lot of folks. Half the nation's families earn below the median family income of about $56,000. Three- fifths of American families report income under $70,000. ... Milk prices aren't set on the farm. That's done by marketing cooperatives, which this year have been successful in passing on higher production costs after several dismal years of prices that took dairy farmers back to the 1970s. "It's pretty much a realignment of the actual value of milk in today's dollar," Patty Leonard said. "Milk has been cheap for a long, long time.""

I'm glad that this hasn't gotten in the way of your hysteria.

Did you gather all of your understanding of economics by watching The Road Warrior repeatedly? I think its a great movie, but you need to realize that it was never intended to be an educational film.

I'll ask you again:

Why does the US have such low inflation compared to the rest of the world?

Can you please prove your assertion that the Great Depression was intentional?

Do you have any evidence that the dollar has lost 30-40%+ of its value over the past 5-6 years or did you just make up a figure?

[Edited on August 16, 2007 at 1:49 PM. Reason : .]

8/16/2007 1:49:20 PM

Quote :

"A lot of people already have realized this, myself included, and probably have known it throughout history. But people in general are stupid. They will keep wanting gold until they all have as much as they want or until they die."

Hey, stop that silly talk. Gold is valuable for any number of reasons; it is a good anti-corrosion conductor and therefore highly valued in the electronics industry; it is a very good choice for jewelry. Do you think people prize titanium because they are stupid? No, it is prized because it is a good store of value; it is a good store of value because it has always been expensive; it has always been expensive because it is a strong material and rare.

If society collapses and someone comes up to you offering a ton of processed titanium for food, you'd better take it. Eventually, someone else will come along trying to build something light and strong and willing to give you whatever you want: cattle, lumber, etc.

Now, if a day comes that Gold is no longer rare, or is no longer valued for its uses, then I'll stop considering gold a good store of value. But that day has never been.

Quote :

"Do you have any evidence that the dollar has lost 30-40%+ of its value over the past 5-6 years or did you just make up a figure?"

Well, evidence exists for this; it has fallen 40+% against the British pound; but that had nothing to do with losing value and everything to do with high British interest rates.

[Edited on August 16, 2007 at 1:53 PM. Reason : .,.]

8/16/2007 1:51:01 PM

That is true, but I think GrumpyGOP and I were both referring to its intangible value, not its industrial value. Plastics are far more versatile than gold, but since they are abundant, they are cheap. Gold's only value in the pre-industrial age was its rarity, it isn't a good material from which to make tools.

In a way, it has value for the same reason paper money has value . . . we place faith in its usefulness as a store of value. In the ancient world, its possession was a symbol of power and affluence, so in that sense it had a psychological utility.

Titanium is an especially poor example for what you're getting at. It is a relatively difficult material to work with and requires specialized equipment and skills. In a completely collapsed society . . . the kind where we're all subsistence farming, then it wouldn't have any intrinsic industrial value at first.

I see what you are saying, but this all depends on how far we fall, what our immediate needs our, and post-apocalyptic markets.

[Edited on August 16, 2007 at 2:02 PM. Reason : ,]

8/16/2007 2:01:51 PM

Quote :

"Hey, stop that silly talk. Gold is valuable for any number of reasons; it is a good anti-corrosion conductor and therefore highly valued in the electronics industry; it is a very good choice for jewelry."

I'm going to start by seconding what JCASHFAN said. I was assuming that the collapse of a society resulted in a population that was rarely, if ever, engaged in large-scale production of high-tech goodies. As I understand it, gold is good in such applications and as jewelry, and not much else.

We seem to be in agreement. Exactly as I have been saying to Salisburyboy, gold will continue to be a good store of value, as it has ever since our forebears first picked up a shiny yellow rock. "Intrinsic value" was probably a poor choice of economic terminology, but JCASHMAN meant -- or at least, the interpretation I was agreeing with -- was that in a collapsed society the industrial use of gold will be negligible, leaving us with a mineral that cannot be used in food, tools, shelter, or anything, really, other than jewelry (which is effectively useless, if still popular and thus valuable) and currency.

8/16/2007 2:21:39 PM

lol.

8/16/2007 2:29:01 PM

Quote :

"In a completely collapsed society . . . the kind where we're all subsistence farming, then it wouldn't have any intrinsic industrial value at first."

Short of a meteor impact cutting the world-human population down to a million or so, what you call "high tech goodies" will continue to be produced. They will look nothing like today; produced mainly from recycled parts, think the road warrior, but with a cell tower and wifi antenna stacked on top of the petroleum separation tower.

8/16/2007 3:00:37 PM

http://www.prisonplanet.com/articles/august2007/160807_economic_collapse.htm

Quote :

"Economic Collapse As Precursor To Open Plan For Martial Law? Many fear recession, bank run, strike on Iran or terror attack could signal green light for state of emergency Paul Joseph Watson Prison Planet Thursday, August 16, 2007 The open announcement of a program on behalf of the federal government that is recruiting clergy to aid the authorities in "quelling dissent," gun confiscation and forced relocation in the event of martial law has many worried that the current economic plunge could be the precursor for a state of emergency in America. A KSLA 12 news report out of Louisiana confirmed a story we originally broke last year - that religious leaders are being enrolled into a federal program that trains them how to "quell dissent" and make people obey the government in the aftermath of a declaration of martial law following a mass casualty terror attack or a natural disaster. A convergence of events logically leads to a conclusion that only the most naive observer would deny - that an upcoming crisis may be in the pipeline that will signal the green light for such provisions to be enacted. World stock markets continued to plunge today despite billions in liquidity being pumped into the system by governments in Europe, Asia and the U.S. With a prolonged slump leading to fears of a recession on the horizon, many worry that a run on the banks could cause chaos on American streets and give the government an excuse to enact sate of emergency procedures that Bush recently codified into law with his Presidential Decision Directive of May 9th. Others see the designation of Iran's military wing as a terrorist organization by the White House as an ominous indication that a military strike is being finalized, as five U.S. aircraft carriers circulate the Persian Gulf. An attack on Iran could also be preceded by a terror attack on U.S. soil which would lead to the suspension of the U.S. constitution and the implementation of a military form of government, as General Tommy Franks warned of in November 2003."

8/16/2007 3:50:13 PM

World Markets PLunge
http://money.cnn.com/data/world_markets/index.html


Heavy losses sweep world markets...

http://news.bbc.co.uk/2/hi/business/6948916.stm

Quote :

"New York rally ends turbulent day 16 August 2007 The world's markets were subject to another day of chaos on Thursday, with London's main FTSE 100 index seeing its sharpest fall in four-and-a-half years. The FTSE 100 slumped 4.1%, or 250 points, to end at 5,859, with sharp losses echoed across Europe and Asia. But hours before the closing bell in New York, shares on Wall Street staged a dramatic recovery after suffering heavy losses earlier in the day. The main Dow Jones index closed down 0.12%, or 15.7 points, at 12,845.8. Concern over the impact of turmoil in the US sub-prime lending market continued to haunt investors, causing the FTSE's biggest one-day percentage fall since March 2003. The falls came despite the Federal Reserve pumping an extra $17bn (£8.6bn) into the US banking system. Central banks have been taking such action to try to restore confidence and avoid a credit squeeze. Over the past week, the Fed has now injected $88bn (£44.3bn), while the European Central Bank has put up 211bn euros ($283.2bn; £142.6bn)."

Trouble for the U.S. economy & dollar means trouble for the world economy.

Oh, and it's not just the sub-prime mortgages that are to blame for the economic woes. That's just spin by the establishment to try to create a scapegoat & diversion, and distract from the real causes of the problem...ie, massive inflation & the devaluement of the dollar from massive spending & debt.



[Edited on August 16, 2007 at 5:40 PM. Reason : 4]

8/16/2007 5:33:10 PM

I'm still waiting on proof of this massive inflation you keep talking about.

8/16/2007 5:49:07 PM

^^ So are you suggesting that this is more than just a correction, but is instead the beginning of an economic downturn from which there will not be a recovery?

8/16/2007 5:53:09 PM

salisburyboy thinks we're going to go back to subsistence agriculture in the coming decades.

I believe we'll see amazing technological advances, such as human-level AI, personal nanofactories, and vastly improved virtual reality.

Of course, a mint would be great for any would-be survivalists. As long as he or she could keep power and feed flow, of course.

[Edited on August 16, 2007 at 6:17 PM. Reason : d]

8/16/2007 6:17:23 PM

Quote :

"massive inflation & the devaluement of the dollar from massive spending & debt."

Again, no amount of government spending a debt causes inflation; the Great Depression proved that, to Keyne's error. The bout of inflation was caused by the Federal Reserve being too accommodating for too long.

8/17/2007 8:50:24 AM

Salisburyboy cannot be serious about anything he said in this thread.

This is comical.

8/18/2007 1:22:20 AM

Many of the problems he notes are quite real.

This doesn't mean the end of civilization is nigh.

8/18/2007 1:23:40 AM

Quote :

"out of control government spending"

I thought the establishment was Jews. JEWS DON'T SPEND MONEY COME ON.

8/18/2007 1:57:12 AM

Whats the deal with all the "fear" politics?

On one end,you have Bush trying to scare the world into his (terror)agenda.

On the contrary, you have the C. theorists tryin to scare their followers into their agenda. I have yet to hear 1 positive conpiracy theory.

Everythings is so grimm and apocalyptic. I think that hurts their cause, in the long run.

[Edited on August 18, 2007 at 2:04 PM. Reason : .]

8/18/2007 2:02:50 PM

Everyone wants an apocalypse.

At least it'd be interesting.

Luckily for us in the First World, virtual reality should be equally interesting.

8/18/2007 3:46:34 PM

salisbury is right.

someone please embed the following as evidence:

http://www.youtube.com/watch?v=AUwfhHhn-H8&mode=related&search=

8/18/2007 6:27:27 PM

Can I just say in addition to ^^ and ^^^, that regardless of what the real state of anything is.


The goddamned crazies on the right and the goddamned crazies on the left are both scaring me fucking witless? One sides screaming terror the others screaming the end of the world.

Me, personally, if i'm going to stock something i'm not stocking gold. Imma get me a still and stock the booze and the ability to make it.

That said, would everybody get a goddamned grip and stop screaming about the world coming to an end and maybe oh i dont know, fucking do something?

8/19/2007 10:35:30 PM

Some "MSM" outlets are getting at the truth...

http://www.iht.com/articles/2007/08/17/opinion/edvarzi.php

Quote :

"A debt culture gone awry By Hamid Varzi August 17, 2007 The U.S. economy, once the envy of the world, is now viewed across the globe with suspicion. America has become shackled by an immovable mountain of debt that endangers its prosperity and threatens to bring the rest of the world economy crashing down with it. The ongoing sub-prime mortgage crisis, a result of irresponsible lending policies designed to generate commissions for unscrupulous brokers, presages far deeper problems in a U.S. economy that is beginning to resemble a giant smoke-and-mirrors Ponzi scheme. And this has not been lost on the rest of the world. [...] The United States borrows a whopping $2.5 billion daily from abroad to service its burgeoning debt. In order to continue borrowing at reasonable interest rates America needs to retain credibility with its overseas creditors, especially Far Eastern nations running huge trade surpluses. A cessation of foreign lending would force the Fed to raise interest rates to attract money, precipitating a collapse of the already weak housing market and pushing the economy into recession. This is why the Chinese, in particular, have threatened to retaliate against proposed U.S. trade sanctions by reducing their $1.3 trillion in dollar holdings. The U.S. debt situation is so grave that the Chinese would not even need to "dump dollars" to precipitate a meltdown but could simply refuse to extend further credit: They could cease purchasing additional Treasury Bonds and Treasury Bills, without selling any excess inventory. China has the far stronger hand, because a run on the dollar would merely reduce China's gigantic cash surplus while increasing America's debt burden to astronomical levels."

It's the debt stupid. Debt will wreck an individual's financial life. It will do the same to businesses....and entire nations.



[Edited on August 20, 2007 at 1:15 PM. Reason : 76-85708]

8/20/2007 1:10:40 PM

I have a rather simple question. If Jews rule the world, then why are they so dependent on Muslim oil?

8/20/2007 1:16:06 PM

This does beg the question...


if the evil jews who are so good at controlling everything are really running the show. How come they didnt see this coming and do something to stop it??

thats a serious question. Did the jews just blow it? did centuries of manipulation and control finally catch up to them?

8/20/2007 1:27:53 PM

Quote :

"if the evil jews who are so good at controlling everything are really running the show. How come they didnt see this coming and do something to stop it??"

Newsflash...this all BY DESIGN. They want to implode the U.S. (and world) economy (perhaps not right now, but at some point eventually in the future). And it's not like the elites are going to be hurt in the collapse. They see it comming (and are, in fact, engineering it). They are not in debt. They are prepared and will have positioned themselves to profit when a crash comes (eg, buying up assets for pennies on the dollar....as was done after the 1929 stock market crash). So, actually, these engineered crashes are of GREAT BENEFIT to the Jewish banking elites.

Further, they will use such a crash and worldwide financial crisis to further their "globalist" agenda...eg, by proposing a North American Union and a common North American Currency (ie, they will site the European Union and their currency as an example of how "good" the EU has been for the European economy).


[Edited on August 20, 2007 at 1:40 PM. Reason : 98-89-7]

8/20/2007 1:38:02 PM

How do I become Jewish banking elite? This sounds like a very well paying job.

8/20/2007 1:39:30 PM

Quote :

"I have a rather simple question. If Jews rule the world, then why are they so dependent on Muslim oil?"

The world is actually awash with oil reserves. And evidence actually shows that oil supplies replenish themselves (sounds "crazy" but evidence suggests its true). See thread below.

The Lies to Hike the Price of Oil / Peak Oil Scam
http://www.thewolfweb.com/message_topic.aspx?topic=346949

The oil industry is "monopolized" with cartels and a few major (and Jewish-controlled) oil companies controlling the industry (eg, Rockefeller's Standard Oil (Exxon Mobil) and the Rothschild's British Petroleum ("BP"). And what do monopolies/cartels do in order to maximize profit? THEY DELIBERATELY RESTRICT SUPPLY. That is the reason hardly any oil refineries have been built in the US for the last 2-3 decades.

The REAL reason we are in the Middle East (in regards to oil) is to CONTROL the supply of oil (eg, to be able to further restrict output). Do you really think that our criminal government (and the powers-that-be controlling it) are looking out for the interests of the common man and want to lower gas prices for you? LOL. No. They want to INCREASE gas prices (WHICH IS EXACTLY WHAT HAS OCCURED OVER THE PAST 3-4 YEARS....HMMMMM).

The Arab/muslim countries are "on to" the power of Organized Jewry and are apt to oppose their agenda. That is why the Jewish elite powers-that-be are using the U.S. and West as a weapon against the muslim world.



[Edited on August 20, 2007 at 2:00 PM. Reason : 09-7900]

8/20/2007 1:52:21 PM

You never answered my question about the non existent "massive inflation" you keep mentioning.

Tell me kid. Do you actually come up with this crap yourself, or have you been indoctrinate by someone else.

8/20/2007 1:58:15 PM

This has to be one of the dumbest things i ever read.

8/20/2007 1:58:31 PM

Quote :

""massive inflation" you keep mentioning"

It's real simple. With the massive government spending & debt comes the "creation" of new "money" & the introduction of more currency into the money supply. With more currency out there, the value of each Federal Reserve note (ie, those green pieces of paper with occult symbology on them passed off as "money") goes down.

This devluation of the dollar (eg, seen in the "rise" in prices) is known as "inflation."

http://en.wikipedia.org/wiki/Inflation

Quote :

"In mainstream economics, the word “inflation” refers to a persistent rise in the general price level, as measured against a standard level of purchasing power. [...] In classical political economy, “inflation” means increasing the money supply..."

In order to attempt to prevent inflation from getting out of control (and the entire economy from going down the crapper), the Federal Reserve Bank will probably have to raise interest rates (ie, higher interest rates mean fewer & smaller loans will be taken out...and thus reduce the level of new "money" being "created" & currency being introduced into the money supply...and fight inflation).

And interest rates are ALREADY rising. This is why people are having trouble with their mortgage payments, as the interest rates on ARMs are going up.



[Edited on August 20, 2007 at 2:13 PM. Reason : 6-789078]

8/20/2007 2:09:47 PM

Thanks for the econ 101 lesson. I know what inflation is, and I know it exists. It's the "massive" part I disagree about.

8/20/2007 2:11:28 PM

Quote :

"With the massive government spending & debt "

8/20/2007 2:12:29 PM

That does not equal massive inflation.

http://en.wikipedia.org/wiki/Image:US_Historical_Inflation.svg
http://en.wikipedia.org/wiki/Image:Inflation_rate_world_2007.png

[Edited on August 20, 2007 at 2:22 PM. Reason : I added a few links for you.]

8/20/2007 2:15:40 PM

Right. Keep telling yourself "there is no massive inflation" while housing prices have almost doubled over the past 8-10 years, and the price of gas has doubled over the past 5-6 years....and the prices of many other goods & services continue to skyrocket.

8/20/2007 2:30:36 PM

I showed you two pieces of data that say otherwise. Housing and gas prices going up does not equal massive inflation.

8/20/2007 2:33:15 PM

it's not JUST housing and gas prices, but many other goods and services

prices are going up dramatically across the board

8/20/2007 2:34:06 PM