The Sky is Fallen
">Flickr Photo from Harry
For some cold hard news, check THIS out. How terrifying the last few weeks has been, but I have to say that I felt the 700 billion dollar bailout seemed haywire. It's like the Titanic where the rich are getting on the lifeboats and they're locking the rest of us in steerage.
From the Alex Jones' Truth News Blog, the following was posting November 24, 2007. This is a direct excerpt from that November 2007 post - for the full read go HERE.
“I have no crystal ball, nor do I claim to have well-developed psychic powers, but I’d be willing to bet almost anything that next Thanksgiving season will be dramatically different from this one,” writes Carolyn Baker.
We are confronting “dollar plummeting hysteria, monumental levels of debt, foreclosure, bankruptcy, unemployment, energy depletion, skyrocketing gas and food prices, illnesses treated without health insurance coverage—or just not treated, unprecedented levels of homelessness, and by all indications, within a few months into 2008, America will be well on the road to a re-run of 1929-or something inconceivably worse,” Baker frets. “These are the good ole days, my friend, and these are also the dark new days. Happy Thanksgiving; savor every bite.”
“Derivative dealers, hedge funds, buyout firms and other market players will also unravel,” Celente predicts.
Massive corporate losses, such as those recently posted by Citigroup Inc. and General Motors Corp., will also be fairly common “for some time to come,” he said.
He said he would not “be surprised if giants tumble to their deaths…”
Corsi believes the economic crisis now revealing itself is engineered. “It is engineered because again, the move toward globalism, the pumping of this liquidity to stimulate the markets was totally artificial.”
The federal reserve is going to get caught right now in a total dilemma, if it raises rates to protect the dollar, its going to further tank the economy and cause the housing markets to be in even more of a crisis. We have economic stagnation, the loss of real income, the loss of real wealth and inflation at the same time. With the dropping of the dollar the crisis is going to be manipulated to the point where people will take the Amero or any regional solution if it is proposed as the way you get out of your problem.
It’s all about wiping the chessboard clean, or rather turning it over and dumping all the pieces:
“This is the fastest run I’ve seen ever to get to the goal line of creating a Untied States regional economy, a North American Union. The elite are running like they’ll never have this chance again. It is the tenth hour, the eleventh hour where this battle will be fought. They believe that they can win now and they are going for broke to create a North American Union and tank the dollar.”