Archive | The Politics of Money

You say You Want a Revolution?

You say You Want a Revolution?

Americans should have been in the streets to reclaim the country long ago. Patrick Henry and his fellow patriots are turning over in their graves about the present day USA. The savvy folks I talk to on a regular basis are exceedingly pessimistic that our blessed republic can pull out of this present financial, economic and political tailspin. The US as we have known it is on the ropes.

Our third President and signer of the Declaration of Independence, Thomas Jefferson, long ago stated …”Banking establishments are more dangerous than standing armies”.

He also declared …“If Americans ever allow banks to control the issue of their currency, first by inflation and then by deflation, the banks will deprive the people of all property until their children will wake up homeless.”

Hello.

A second American Revolution is now at least as necessary as the first one was though few citizens have an overall understanding of the problems we face. Anything short of a complete house cleaning will be mostly a waste of time and effort. The elitist banking entities running and ruining this country must be shown the highway. Nothing less will suffice!

Who exactly am I talking about? The Federal Reserve is exhibit one. Their partners in financial crime like Goldman Sachs, JP Morgan Chase, et al absolutely must be excised like the cancer they are.

“Tea Parties” are once again on the horizon. Lots of citizens are awakening and protesting. How keen is their focus going to be?

Those that put the preponderance of blame on President Obama, ex-President Bush, the Liberals, the Conservatives, the Trial lawyers, the unions or any other distraction will never accomplish anything worthwhile. The rot is deep, systemic and centered on money and the banking system.

Those that demonize Republicans and worship Democrats, or vice versa, have been suckered into a divide and conquer plan. My expectation is to never again vote for a Republican or a Democrat in their present form. The Demopublicans must go.

The Fed is a serial bubble blower. Their funny money products initially line the pockets of their cronies closest to the trough. From there it is directed towards distorting prices in stocks, real estate or the latest manipulated craze. Economies without foundation inevitably collapse. Our central planners need to take an indefinite overseas vacation.

America’s biggest exports over the last decade have been toxic and fraudulent financial products. The creators of this crap are the ones who have brought us to the present disaster – yet they remain in charge of sweeping changes designed to perpetuate their power and imprison us.

All of these Wall Street entities and the lackey politicians who support them must hit the road. Those behind the scenes pulling the strings have to be stripped of their illicit power.

Surely you heard about Goldman Sachs’ record second-quarter earnings of $3.44 billion? Making money hand over fist comes fairly easy when you get to implement official policy. Records follow when front running is the name of the game. They may get their bonuses now but ours will be even larger when tar and feathers once again hold sway.

Congressman Ron Paul has sponsored a bill to audit and put congressional oversight on the Federal Reserve. 261 representatives have so far signed on to this meaningful element of true change. A similar Senate bill is just getting started. Knowledgeable citizens seriously doubt the Fed could withstand an audit because of its shady dealings. This is one bill that holds some promise.

The huge majority of US citizens are really peeved, justifiably so. That anger will certainly play out in the coming months and years. The tea parties could even spill into the streets. You can rest well assured that nothing will be accomplished without a purposeful and focused anger.

Concerned Americans have a critical choice. We can rid the system of all the parasites and malignancies or just stay home and continue to get our reality through television.

You know by now I’m also going to advise you to protect yourself and those you care about. The monetary metals, gold and silver, sniff out economic, financial and monetary chaos. They’ve had a massive snort lately and more is coming. These precious metals have appreciated nicely almost every year of this decade for good reason. They should still be purchased and the speculators amongst you may consider my Resource Windfall Speculator for leveraged gains in the resource sector.

Live Free and Resourcefully,

Rusty

Posted in Featured Articles, The Politics of MoneyComments (15)

It’s the Debt, Stupid!

It’s the Debt, Stupid!

The Georgia coast is a hidden treasure. There are beautiful beaches, secluded islands and marshes teeming with fish, fowl and even alligators. I’ve recently returned from celebrating Independence Day with a dental school classmate of mine who has a relatively modest and affordable home on St. Simons. His place is right on a small river overlooking a gorgeous marsh. Read the full story

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The Buck Gets a Pink Slip

The Buck Gets a Pink Slip

It will be a tragic event when US Dollar finally cracks – an event that will affect citizens across the world. But it will be especially dreadful for long-spoiled and unaware Americans. Read the full story

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How to Profit from the Biggest Tax in American History

How to Profit from the Biggest Tax in American History

In 1964, Lyndon B. Johnson proposed legislation which became known as “The War on Poverty.” Five years later, Richard Nixon, introduced “The War on Drugs.” Read the full story

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The Bright Side of Depression

The Bright Side of Depression

I’m not going to apologize for consistently hammering you with projections of doom over the last three years of IDE editorials. The entire US financial and monetary system has been traveling by hand basket for longer than most care to remember. Read the full story

Posted in Featured Articles, The Politics of MoneyComments (11)

The Bernanke Conundrum Guarantees Hyperinflation

The Bernanke Conundrum Guarantees Hyperinflation

The moment of truth is approaching for the iShares Barclays 20+ Year Treasury Bond (TLT). As interest rates nudge upwards, the price of these long-term government bonds have been falling.

If Fed chief Bernanke can figure out a way to ratchet down interest rates, these bonds could begin to rise again. But he’s painted himself into a corner. Read the full story

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Can the Feds Lie Their Way out of a Depression?

Can the Feds Lie Their Way out of a Depression?

You know they are trying to accomplish this ignominious feat. The goal is to keep Americans in an economic stupor. It is working. Read the full story

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Financial Obesity

Financial Obesity

I heard comedian Drew Hastings on the radio the other morning.  Actually, I should say I heard Drew’s alter ego Jack Freeman on the radio the other morning.  Drew does a parody of success gurus with the character of Jack Freeman.  Last week Drew/Jack used the phrase “financial obesity”.  Now of course this was viewed in a humorous manner, but it sent me down a different path. Read the full story

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Where are the Patriots?

Where are the Patriots?

Those of us who have been paying attention to the dismantling of the “American Dream” long enough have been lone voices screaming bloody murder. More and more people are now clued in because recent financial events have exposed the beast for all to see. Nothing like a hit to the pocketbook to get an American’s attention. Will we reach a critical mass? Will anything really change? Read the full story

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Why is the Fed Bailing Out Foreigners?

Why is the Fed Bailing Out Foreigners?

You may have noticed that most of my articles are pretty in depth and lengthy. A fellow IDE editor recently pointed that out and issued a challenge … “I bet you ten bucks you can’t write a one page essay.” While no names will be mentioned I will soon document receipt of a $10 Federal Reserve Note (while it still holds value). Read the full story

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