Category Archives: austerity

what if Money as such Disappeared

What if money as such disappeared? We’re on the verge of a general economic breakdown crisis and it’s in process now in the Eurozone and America.

Excerpts from Lyndon LaRouche discussion June 16, 2012 on the impending world economic collapse.

Hold on to your hats, we’re going to have a rough ride. There is no security. You’re in an area of complete uncertainty.

You don’t know what’s going on. Act on whats the right thing to do. That’s all you have. If Holder tells the truth, Obama is likely finished.

The likely event is the system is going to break down. It won’t be a pretty sight. Under present trends, there is no chance of survival.

You cannot save the American economy without a National Credit System. A credit system is the only thing that will win the situation. We have options if we assert them.

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Wall St. Banks Weapons of MFD

Wall St. banks WMFD weapons of mass financial destruction to the poor while the rich get richer.

The loss of America’s AAA credit score has sparked panicked sell-offs on global markets. French banks are loaded with toxic derivatives and hedge funds are attacking them. Societe Generale is an insolvent institution, so is BNP.

By downgrading you create volatility. Volatility is the goal.That is making the 1% in New York and London very, very rich. That is the goal, milk the system and extract wealth.

“ This is part of a new era on Wall St. where they go after sovereign debt. The hedge funds and the ratings agencies and Wall St. banks work together now to destabilize the sovereign debt of countries.

You have to understand. This is a war. This is WW3. This is the new war using financial derivatives.” – Max Keiser

Wall Street bankers are using WMFD weapons of mass financial destruction on the masses while they get rich in the process.

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Capitalism Works Peter Schiff

Capitalism works says Peter Schiff. It’s unfortunate that you have the central bank giving capitalism a bad name and fueling class warfare.

Average Americans are getting poorer. The value of their wages and savings is being destroyed by the government and federal reserve.

Wealth redistribution scheme Video:

The US has the highest corporate tax rate in the world while Fortune 100 companies write the loopholes and they pay no tax, 0 or 2.5% tax.

“ Capitalism works everywhere it’s tried. Socialism prevents capitalism from working. Inflation is the most vicious form of taxation.

Prices are rising because the government is printing money. Your purchasing power is being robbed.” – Peter Schiff.

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