Robbery by Way of Deception

The bailouts are about power, secrecy, and looting the people's wealth, not rescuing the economy

The bailout legislation rewards trillions of taxpayer dollars to failed companies who were reckless. Passed thru intimidation and threats of martial law, the bailout legislation gives financial dictatorial powers to the Treasury Secretary. After it passed, the major banks that received the massive amounts of government money are using the money to pay out bonuses and purchase smaller banks. CNBC reported that the total sum of bailouts had exceeded $4.2 trillion (http://www.cnbc.com/id/27719011). This is money that Americans will have to pay back thru taxes AND inflation.

The Federal Reserve is at the root of the problem

Most people think of the Federal Reserve as the folks that “manage the economy” and fight inflation. The truth is that the Fed, like all Central Banks throughout the world, creates the very inflation it claims to fight. Thru its dominant influence over the issuance of money, is the root cause of our unsustainable inflationary bubbles, such as the Dot Com bubble and the recent Real Estate bubble, and is responsible for the erosion of our wealth by way of inflation, which is a de facto tax. Since its inception, the U.S. Dollar has lost over 95% of its purchasing power, and in recent years, that trend is accelerating rapidly. Most importantly, the banking establishment has established throughout the world a debt-based fractional reserve money system (where all money is created as a result of someone taking on debt, and banks only keep a small fraction of customer deposits on reserve).

The Dollar is coming to an end The US Dollar is backed by nothing – merely government edict. The Dollar’s post-WWII status as world reserve currency has allowed America to run exponentially increasing deficits and export its inflation throughout the world. However, the US Dollar is rapidly losing status as world reserve currency – the realization of this fact will result in a massive dumping of dollars, leading to a massive hyperinflation – even while all of America is in a Depression. This Depression will affect the entire world economy.

What can be done Education and spreading the word is the most important step. As for solutions, we need a money system that makes it difficult to manipulate the money supply, so money can once again serve as a store of value. Historically, this has meant a Gold backed currency – one that is not a debt based system.

For More Information

Watch Free Documentaries Online Go to http://video.google.com Money as Debt America Freedom to Fascism Fiat Empire

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