emergency powers, Executive Order, Federal Reserve buying U.S. Bonds, IMF wants higher taxes, inflation ahead, Jim Willie, martial law, national emergency, Obama, QE-3, Republican Convention, Romney, Senate Report 93-549, treaties must comply with Constitution, treaties signed by Senate, U.N. Small Arms Treaty, U.S. Bonds, value added tax
Economy In Shambles
Of late I haven’t read all of Jim Willie’s posts. There has just been too much to do of late. Harvesting and drying vegetables from the garden and preparing in other ways for what is coming. I encourage you to read this one. Jim has a knack of combining financial news with other news and is usually right on target. For instance in this article he warns of QE-3 at the next Federal Reverse meeting in Jackson Hole, Wyoming. Willie’s article is a few days old but here is the announcement.
Not only endless bonds being bought by the Federal Reserve, which used to be the buyer of last resort and illegal for bonds lasting years. The sad fact is there aren’t any legitimate buyers for all the bonds to support the continued war efforts, in more countries than I care to count.
Another interesting article came out on August 27, (Note: Reuters is owned by Rothschild who also has a large share in the Federal Reserve) Chicago Federal Reserve Bank President Charles Evans says to buy bonds until the unemployment rate is not in decline. Note the article says sometime in 2015 the unemployment rate will drop to 7% if the Fed starts buying bonds.
All precious metals have responded with a run-up in value. Gold is now trading just below $1,700, that is a $50 hike in the past week; Silver at $32 and change. But it is not just the economy that is in trouble, our entire political process is as well.
It is not just the computers stacking the deck in elections. If you still believe in the system, I’ll bet you won’t after watching the videos in this article. How blatant can it get, when the teleprompter knows in advance the ‘voice vote’, to change the rules in the Republican Convention, is a ‘yea’. It seemed pretty close to me and the second video explains why the rules are changing. It’s keeps out other contenders such as Ron Paul, limiting voting rights of delegates.
I’ve already pointed out that both candidates are anti-firearms, so the right to keep and bear arms is dead regardless of which candidate wins. Past case law makes all treaties that are signed by the Senate, have to comply with the Constitution. That can change if challenged again. But what about an Executive Order? Because that is what is planned with the United Nations Small Arms Treaty. Don’t wait for Martial Law, because we have been under it since the Civil War. A State Of Emergency has existed since the southern states succeeded from the Union giving the President emergency rule.
Senate Report 93-549 (93rd Congress, 1st Session 1973) “A majority of the people of the United States have lived all of their lives under emergency rule. . . And, in the United States, actions taken by the Government in times of great crises have-from, at least, the Civil War-in important ways, shaped the present phenomenon of a permanent state of national emergency.” This is the end result of constant wars, the War On Poverty, the War on Drugs, the Viet Nam War, the Korean War, the Gulf War, the Gulf War II and on an on it goes. Unknown to the Senate in 1973; it is now the War On Terror, which even considers past military veterans in this country as a terrorist threat, as well as other countries which are not a threat.
Both candidates for President also want a Value Added Tax. The GOP added it in the new platform A topic that used to be taboo in the Republican Party. The new platform says yes, if the income tax is repealed. The corporate government will make more money with the VAT tax on the consumer when they shop than they are currently collecting. Obama has also made comments about VAT tax as well “something that has worked for other countries.” The International Monetary Fund official Simon Johnson agrees on higher taxes and Romney hasn’t ruled it out because it is part of the new platform. A family of four may need to spend twice as much on groceries in the near future. What a nice idea, fire all IRS agents and collect even more money at the check-out stand.
And some people wonder why I won’t vote anymore. It doesn’t make a difference anymore, both parties have the same agenda.
Fair and Balanced Reporting on my part; eat your heart out Fox Network.