Good morning

Oh the tangled web we weave. Before the announcement of whether the Big Bail Out Bill is passed or defeated (again), I think all Americans (and Canadians for that matter) should consider Mish Shedlock's statements:

Before we throw $700 billion down a black hole, someone ought to be asking how it will solve anything. Unfortunately the urge is for Congress to "do something quickly" because of the Bush, Bernanke, and Paulson statements scaring people to death with impending economic mushroom cloud warnings.

Not a single job will be created in the Paulson bail out plan, now renamed by the media as the "rescue plan". Close analysis shows the taxpayer was tossed the anchor in an attempt to give wall street the lifeboat.

globaleconomicanalysis.blogspot.com

Taxpayers of the world unite. With all of this bullsh*** being pandered, there is truly only one song that plays over and over again in my mind...(please turn your speakers up for this).

and now for something completely different

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.”