The Fed is Selling Us Out

[Parker2112]

Ron Paul:
"In times such as these, Liquidation is necessary, but the Fed insists on transferring the debt from the rich to the general public."

"This results in devaluation of the dollar, and inflation, which is killing the lower and middle classes, who lose jobs and savings."

"Devaluation is not good policy, it is criminal theft...and all the countries in the world are doing this"

"We cannot afford to be the policemen of the world and be a welfare state and solve our problems with financial reform."

"Role of govt needs to be revamped, and limited"

Alex Jones:
"Govt is the conduit through which Mega-corps rob and pillage the people."



"Exemptions to 29 corps from Obamacare violates equal protection under the law"

"Fear is the tool of the Thugs in Govt"

"Its just Crying wolf...who believes the stuff anymore?"



There is treason afoot. Right before our eyes...

[Parker2112]

Worldwide Hyperinflation Race


In the USA and Europe, there is massive inflation to bail out the banksters. Aiming for stable exchange rates, other countries are also inflating their money.

Politicians in other countries value their exports to the USA. As dollar inflation occurs, prices of non-US goods rise relative to US-produced goods. To keep exports at the same level, the other country must also inflate.

Consider a factory owner in China. The factory exports to the USA, receiving dollars. The factory owner trades his dollars with China's government for newly-printed yuan. China's government merely holds the dollars, rather than buying tangible goods. The net effect is that the USA exports inflation to China. In effect, China's politicians are subsidizing the banksters in the USA.

Why are foreign bureaucrats so eager to export to the USA, in exchange for a piece of paper? That can't continue forever.

Foreign politicians are eager to manipulate exchange rates. When politicians do this, currency speculators say "Woohoo! Free money!" It's like the government is writing currency speculators a check, when politicians try to manipulate currency exchange rates.

How does inflation subsidize the banksters? Suppose the bank owns a $1M mortgage on a house currently worth $400k. That's a $600k loss. If there's 100% inflation, then it's a $1M mortgage on a house currently worth $800k, for a loss of only $200k. If there's 200% inflation, then the bank can sell the foreclosed house with money left over. In this manner, inflation helps bail out insolvent banks. The loans can be repaid with devalued money; the assets backing the loan is worth more.

The foreclosure process takes a year or two. Over time, inflation helps bail out the banksters. The bank is borrowing at the Fed Funds Rate of 0.25%, while inflation helps underwater loans become more solvent.

Banks don't care about the actual inflation rate. They borrow at the Fed Funds Rate and make loans, profiting from leverage and the interest rate spread and the yield curve. Right now, the banksters are borrowing at the Fed Funds Rate and buying Treasury debt. That's the reason the banks are make huge profits while the rest of the country is stuck in a recession/depression.

The current situation is pretty ridiculous. The USA is inflating to bail out the banksters. Other countries are inflating to keep stable exchange rates with the US dollar. It's a worldwide hyperinflation race.

http://fskrealityguide.blogspot.com/...tion-race.html

[Parker2112]

no nonsense explanation of inflation solution and the currency war.

[PublicOption]

no sir, WASHINGTON is selling us out.

NAFTA, CAFTA

American Worker.afta.

[MiamiHeat]

I'm pretty sure Obama administration did NOT want to hand out any exemptions....

but I am also pretty sure that the corporations know they have Obama by the balls. If they threaten to cut employee benefits, or even lay off workers.... with the economy the way it is.....the country is going to be even angrier than it is...

So...

in a way, we are doing this to ourselves. Forcing Obama to play politics to save his own ass, helping the coporations....

[Winehole23]

^^^wrong thread?

[Winehole23]

Obama doesn't give orders to the Fed.

[MiamiHeat]

^^^wrong thread?

"Exemptions to 29 corps from Obamacare violates equal protection under the law"

is in the OP

[boutons_deux]

WASHINGTON is selling us out.

does anybody think Washington originates anything?

Washington is a proxy for corporations, and does whatever the corporations want.

Here's the corporatons selling Texas oil for export to China. Where are the tea bagger "morans" and their silly costumes on this?

http://www.mysanantonio.com/news/Chi...wFullArticle=y

[Parker2112]

Washington is a proxy for corporations, and does whatever the corporations want.

How then is Govt the answer? Isnt this always going to be the case with big govt?

[boutons_deux]

How then is Govt the answer? Isnt this always going to be the case with big govt?

Govt as corporate stoolie isn't the answer.

Govt as visionary guardian of the best interests of the citizens is the answer, but that govt doesn't exist.

There is no answer. America is ...

[Parker2112]

Govt as corporate stoolie isn't the answer.

Govt as visionary guardian of the best interests of the citizens is the answer, but that govt doesn't exist.

There is no answer. America is ...

I agree. But doesnt limited govt power necessarily limit the reach of corps into our rights?

If you create a political office, with real power, wont those individuals/corps with sufficient resources and bad intentions be drawn in to occupy that space for personal gain, to expand the scope of their power and wealth?

This is the thing that cant be stopped. Expanding govt is ready-made failure.

[boutons_deux]

The corps have already "limited" the government.

ie, gutting regulations and defunding/capturing regulatory/enforcement agents.

What the corps want absence of govt, except for govt spending power for transferring tax payer dollars to the corporations.

[boutons_deux]

The Final End of Bretton Woods 2

Consider the enormity of the situation at hand. The Federal Reserve is poised to crank up the printing press for the sake of satisfying their domestic mandate. One mechanism, perhaps the only mechanism, by which we can expect meaningful, sustained reversal from the current set of imbalances is via a significant depreciation of the dollar. The rest of the world appears prepared to fight the Fed because they know no other path.

Bad things happen when you fight the Fed. You find yourself on the wrong side of a whole bunch of trades. In this case, I suspect it means that Bretton Woods 2 finally collapses in a disorderly mess. There may really be no other way for it to end, because its end yields clear winners and losers. And the losers, in this case largely emerging markets, and not prepared to accept their fate.

http://economistsview.typepad.com/ti...n-woods-2.html

[boutons_deux]

Matt Taibbi on how Wall St is gonna exploit the Fed's QE2


http://readersupportednews.org/off-s...-83/3561-the-f

[Parker2112]

The corps have already "limited" the government.

ie, gutting regulations and defunding/capturing regulatory/enforcement agents.

What the corps want absence of govt, except for govt spending power for transferring tax payer dollars to the corporations.

So we need maximum regulatory enactment/enforcement powers and limited spending capabilities for max efficiency?

[Parker2112]

which seems to be exactly the opposite of what we have, very likely by the design of a corrupt hand.

[MiamiHeat]

A lot of this can be fixed through campaign finance reform

[coyotes_geek]

A lot of this can be fixed through campaign finance reform

How so?

[Parker2112]

How so?

This is how your politicians are bought/manufactured. This is how the status quo is maintained.

[Wild Cobra]

How so?

The criminals will still violate the laws, and those who follow the laws will lose.

Win win for the liberals.

[coyotes_geek]

This is how your politicians are bought/manufactured. This is how the status quo is maintained.

What does that have to do with the Fed? Fed chairs aren't elected politicians.

[MiamiHeat]

What does that have to do with the Fed? Fed chairs aren't elected politicians.

Because then we can get some real politicians again, who will go in and begin to clean house.

Another Andrew Jackson would be great.

Bankers and people with lots of $$ are the real power behind this country. The best way to get rid of them is to take their biggest weapon away from them - their influence in elections.

[Parker2112]

The criminals will still violate the laws, and those who follow the laws will lose.

Win win for the liberals.

Because conservatives dont violate laws?

Funny how the OP transcends partisan politics, and here you come with partisan drivel.

You need to take a hard look at the process by which you wound up brainwashed, WC.

[MiamiHeat]

Brainwashed is a very good way to put it, Parker

Wild Cobra goes straight into partisan behavior. "Us vs Them", etc etc.... pretty sad but he's a glaring example of how people in this country behave. This is exactly how you conquer a nation. Divide and conquer. Democrats vs Republicans, Hutu's and Tutsi's, etc etc... let the people argue amongst themselves while the real issues go ignored.