Incapable of failure

Now the chickens are coming home to roost. A system that cannot exist without continuous borrowing will fail when the cost of borrowing simply becomes too high. When we hear officials of the Federal Reserve itself warning of the possibility of a recession, look out!

Ah, but relief might be just around the corner. If the dollar fails, let’s replace it with, say, the Amero. When/if the Amero fails, there’s the euro, which the North American Union of Canada, Mexico, and the U.S. can employ when it joins the European Union. A currency can only fail by comparison with another currency. A single currency, therefore, will be incapable of failure, just as insolvency is impossible if there is no solvency.

With a single governing body for the entire world, and a single currency, we will have achieved Nirvana, or Utopia. All the problems besetting us will fade into history, as we enter a bright New Age. You think? Or has an enemy done this? The weeds are waist-high, and growing fast.

by Dr. Hein, LewRockwell.com

'They' pushing inflation?

I have a real problem with the idea that “They” have engineered things so that all of the wealth and power will wind up in the hands of the usual bunch of trilateralists /zionists /masters-of-the-universe/Goldman Sachs Directors, etc. In fact, much of the West’s wealth is simply going to vanish -- just as it has begun to do with the demise of Bear Stearns and other financial behemoths. The bondholders have been spared so far, mostly at taxpayers’ and shareholders’ expense, but I’m not so sure there’ll be much of a carcass left for the supposed cabal to feast on when the K-wave deflationary trough bottoms in perhaps another 6-8 years.

By then, the real wealth of the world will have shifted – organically – to Asia and the oil producers. And while they may revere gold in those places, I doubt they will feel compelled to tie their money to it. They won’t have to, since their currencies will be strong without the artificially induced buoyancy of global reserve status the dollar has enjoyed. Also, there will be no financial powerhouses in the world that emerges from the Second Great Depression, only economic powerhouses. Financial clout should be merely a side-effect of economic clout – a fact that Americans seem to have lost sight of long ago, so busy were we enjoying the benefits of our illusory, paper-thin prosperity. (by Rick Ackerman)

Another Legitimate Senate Campaign Issue!

In the race for the Republican nomination for South Carolina's U.S. Senate seat, one hot topic of actual debate is over what could be a fictional issue. Columbia dentist Buddy Witherspoon is challenging Sen. Lindsey Graham for the GOP nomination, challenging Graham on his support for [...] a "North American Union," which would merge the United States, Canada and Mexico into one political and economic entity.

"It is apparently fashioned after the European Union," Witherspoon told WYFF News 4's Beth Brotherton. "I believe in this great nation, I've stood for it through the years and as long as I have breath in this body I will continue to stand for what is right," he said. Witherspoon said the creation of the NAU would also mean the creation of a joint currency called the Amero, after the Euro.
"The North American Union, whether it is something that is in the making or not, we don't want to get caught in a vise all of a sudden with our constitution and sovereignty down the drain," Witherspoon said.

Graham says the issue is nonsense, nothing more than an Internet conspiracy theory he says. "I think most Americans would find it hard to believe, it is hard to believe, a baseless Internet rumor," Graham said.

Source: WYFF Greenville

Another illegal performance enhancing drug called "Unbacked Fiat Currency"

The obscene fiat money orgy triggered by Nixon has been sustained only by the grotesque market manipulation of the Gold Cartel, Presidents Working Group on Financial markets (PPT) and the Counter-party Risk Management Group
(CPRMG). Without this manipulation the buying power of the dollar would have diminished much quicker and its impact on the demand side would therefore have also diminished. The interference with the classic inflation barometer, gold, has led to the illusion of the US Economic Miracle which was achieved with an illegal performance enhancing drug called “unbacked fiat currency”. Thirty seven years of turbo-charged growth has surpassed the world’s ability to provide commodities of all description and sucked dry most of the world’s stockpiles.
The rising dollar price of real things is the manifestation of the laws of economics rebalancing the purchasing power of an over produced piece of paper against an under-produced real “good”. Throughout history when it takes more and more fiat paper to pay for real things, when economics screams there is an oversupply of fiat paper currency, the perverse reaction of all governments has been to interpret this as a shortage of fiat currency and so they produce more to be able to pay the higher prices! It is now called “injecting liquidity”. It doesn’t matter what euphemism is used, thanks to Richard M. Nixon, we are irretrievably on the road to hyperinflation. Precious metals, natural resources and the companies that find and produce them is where wealth preservation and growth truly lies.

~Adrian Douglas, MarketForceAnalysis

What they want

"We're seeing a society that not only has a lot more people of low IQ, but a lot fewer people of higher IQ. In other words, a dumbing down -- a chemical dumbing down of society. So everyone is just sort of mediocre. That leaves them dependent on government ... because they can't excel. We have these people of lower IQ who are totally dependent. Then we have this mass of [sheople] who are going to believe anything they're told because they can't really think clearly, and very few people of very high IQ, who have good cognitive function, who can figure this all out -- and that's what they want." ~[Whose quote?]

NAU: Simply bad taste like Red Bull Cola

Conservatives in denial about North American Union
Standard Freeholder, Canada - May 20, 2008
... a peaceful protest against the SPP Conference, since the mandate is for the 3 countries to work towards the formation of a North American Union. ...

IS CONGRESS AND WHITE HOUSE FOR SALE?
NewsWithViews.com, OR - May 22, 2008
For years now we have seen the manipulative and almost secretive meetings of the SPP moving forward on the North American union and the super highway plans. ...

Oklahoma Recalls Bill That Would Have Facilitated NAFTA Superhighway
Lincoln News Messenger, CA - May 21, 2008
The NAFTA Superhighway is the necessary infrastructure needed for the creation of a North American Union. It will serve as a highway for cheap Chinese goods ...