Tag Archives: Fed

Obama Economic Crash Coming

Obama fail – economic crash coming.

“ We’re just printing money. The Federal Reserve is now I’m estimating a Trillion and a half dollars [$1,500,000,000,000] in credit to the EU [European Union].

This propping up of Greece is a farce. Greece is going to default, it’s going to further default, Italy and a whole series of other countries in the EU.

The United States housing market is headed for worse than depression levels. Real unemployment, if you measured it accurately would be more like 22 or 25%.

The number of people on dependency of the Federal Government: food stamps, unemployment insurance, you name it is growing everyday.

We’re not going to create any jobs in an economy where government regulations are so tight.

We’re on a straight slide down in to a continuing global depression that will make the 30’s look like a picnic.” – Dr. Jerome Corsi, PhD Harvard

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Barack Obama Thermo Nuclear War

Barack Obama and Thermo Nuclear War. [01:15] The US Navy has in its submarine fleet enough capability and thermonuclear weaponry to in a single throw destroy most of this Planet.

[06:52] The United States has the greatest thermo nuclear power for weaponry, on this Planet. A lot of it concentrated in the Pacific Ocean in our submarines.

We can virtually obliterate much of this Planet with one shot, that is one barrage, properly aimed. Now, that’s the threat that we are facing.

The timing of that threat comes before the next Presidential election inside the United States. You have the greatest threat to humanity, imaginable.

[17:07] If Obama launches thermonuclear war, we are doomed.

[32:54] The worst damage that has been done to the United States and its people was the revoking of Glass-Steagall. The repeal of Glass-Steagall opened the gates for all the hell which has burst out since that time.

[33:30] They knew when they opened up the derivatives casino, fractional reserve banking to the Moon, that it would cause a Global implosion.

[35:55] The real issue is that the United States cannot be saved from its own folly unless we immediately enact Glass-Steagall now, not down the future.

Now or this Nation is finished economically. Without the Glass-Steagall Act the United States will cease to exist.

[39:44] The grand chessboard – the whole world is steaming towards a giant conflict – the US is openly preparing for a war in Asia.

Open war with Pakistan that has 100 nukes, this is a World War – Syria, proxy armies taking over Libya, it’s all barreling forward.

Why do the global financial interests, centered in Wall St, London, Frankfurt and other areas – why are they wanting this? why are they doing this?

They’re concerned that they control the wealth. They know if they control the world’s wealth that they can control the future. They want to be God, basically.

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Obama Signs big brother Financial Reform into Law

The signing of the financial reform bill into law gives the government / big brother yet more authority.

Another unnecessary government intrusion into private businesses. And more power and wealth to the Fed and Goldman Sachs.

Obama’s vision of bankrupting America is right on track for his globalist offshore banking bosses.

True financial reform would have been reform of the private Federal Reserve.

” Once you allow governments and a secret bank like the federal reserve to create money out of thin air … the deficits are huge today because of the Fed. It couldn’t happen if you didn’t have the federal reserve as the lender of last resort to the politicians.

But there’s a collusion here – the Conservatives like to do it to fight wars, Liberals like to do it to have unlimited welfare. It benefits both the conservatives and liberals, and it destroys the money ultimately.” – Dr. Ron Paul  

” these reforms represent the strongest consumer financial protections in history… there will be no more tax-funded bailouts period.” – Obama

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Dow Down 766 Points GM near BK per Jim Cramer

Recession news had the Dow dropping another 766 points, the second-largest point loss ever. This wiped out almost all of Mondays Sucker Rally of 936 points, the greatest one-day rise ever.

Mad Money Jim Cramer has stated that GM is almost certain to file for bankruptcy.

The credit crunch is destroying wealth and making it difficult for middle class customers to buy.

Ben Bernanke says more difficulties lie ahead for the US economy.

The Beige Book by the Federal Reserve reported a shaky economy and RECESSION, with retail sales plunging in September by 1.2 %, double the 0.7 percent drop analysts expected.

DJIA took another Beating Today. Buckle up. It’s going to be a bumpy ride in these very uncertain times.

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