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Forum Post: What Happens When the Printing Presses Lose the Faith of The People?

Posted 1 year ago on Jan. 23, 2013, 8:35 a.m. EST by OTP (-203) from Tampa, FL
This content is user submitted and not an official statement

http://www.zerohedge.com/news/2013-01-22/what-1230-days-explicit-market-support-federal-reserve-looks

Take a look. I dont agree with a couple of the summation points at the end, but other than that- yes, the entire system is dependent on the banks scamming. Much more scamming than ever before.

Any talk of improving wages or the economy is useless if the people arent in charge of regulating their own money supply. And especially if the ones who are, are determined to destroy that money.

It sounds sensationalist, but its happening. We are living through it right now. This is what it looks like. A feeling of "perpetual catch up". "How do we get America back on track" etc.

The USA is being leeched. Its been 30 years in the making, and globalization is speeding it up exponentially.

What are you doing to prepare for where this is heading?

12 Comments

12 Comments


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[-] 2 points by stevebol (1269) from Milwaukee, WI 1 year ago

2016 could be a window of opportunity, or not. It would be nice to get back to issues that effect the working class. It seems like the dems are moving towards being socially liberal which is fine but it's coming at a price. Stagnating wages and a commitment to covert operations overseas are issues that are being ignored by TPTB.

Also, I'm starting to wonder if it's even possible to get people elected if they aren't tools of the banking industry.

[-] 2 points by niphtrique (323) from Sneek, FR 1 year ago

It is not going to end well.

The problem can be described as the Mother of All Disasters.

It is about the growth of human activities hitting the limits of the planet and how to cope with it.

Solving the issue requires a comprehensive approach.

The solution should have broad support.

That is not going to happen as long as the system has not been broken down yet.

But the US federal government cannot run current account deficits of 7-10% indefinitely.

With so many people depending on some kind of government assistance, the unraveling may be brutal.

Europe may be somewhat better off, but will suffer the same fate in the not too distant future.

[-] 1 points by peacehurricane (293) 1 year ago

With 50% to defend nothing and actually do much more damage as we have to pay to repair which means the Dept. of Defense will cost even more! Add the institution nightmare costs rather than providing our children/citizens basic needs and that expensive cycle. Both of which cost more than dollars and more importantly wrecking and taking lives. In the name of what I ask because it is certainly not the U.S.A.

[-] 1 points by redandbluestripedpill (333) 1 year ago

"How do we get America back on track?" OTP wrote:

"Any talk of improving wages or the economy is useless if the people arent in charge of regulating their own money supply. And especially if the ones who are, are determined to destroy that money.

It sounds sensationalist, but its happening. We are living through it right now. This is what it looks like. A feeling of "perpetual catch up". "How do we get America back on track" etc."

It's a spiritual problem created by a few generations of deception, manipulation and exploitation.

I'm aligned with the ART 5 movement because ART 5 is comprehensive and it has full legal process with total authority over congress, the court and the president.

"How do we get America back on track?"

The amendment proposed to prepare for ART 5 is an awesome strategy. When I saw rayo hit critics with this,

http://occupywallst.org/forum/gunself-control/#comment-895308

I got chicken skin. Seriously, it very likely is a deep human instinct if that is how people respond to a sociological threat, to their progeny, of "incommunicado" relating to vital knowledge.

Think about it. One day they are against ART 5, the next they can't post (?)

[-] 1 points by nomdeguerre (1775) from Brooklyn, NY 1 year ago

Their looting knows no bounds, but nature and gravity always win.

From Washington's Blog: "But there are signs that the fraud bubble is collapsing.

Trust is falling to all-time lows as to many government and private institutions. Why? Because institutional corruption is so rampant that it is becoming obvious to everyone from Joe Sixpack to amateur and sophisticated professional investors.

While liberals tend to distrust big corporations and conservatives tend to distrust the federal government, we all agree that the malignant, symbiotic relationship between the two is the root problem. Indeed, when government and corporatism merge, it is hard for anyone to trust what is going on.

When government officials are as corrupt as the criminal enterprises they are suppose to regulate, even the mainstream media can’t ignore it any longer.

And the people lose all trust in the system.

No matter how hard the boys work to cover up their ongoing misdeeds, the fraud bubble may finally be popping …" http://www.washingtonsblog.com/2013/01/the-biggest-bubble-in-history-fraud.html

[-] -1 points by OTP (-203) from Tampa, FL 1 year ago

I read that post, on ZH, and it may be true. I just wish that it was due to the people waking up, not the options of the fraudsters finally running out.

The first would lead to something positive and upbeat,...the second is going to lead to some serious pain.

[-] 1 points by john32 (-272) from Pittsburgh, PA 1 year ago

This "recovery" is phony....completely phony. It's built on price fixing interest rates (one of the main factors that created the housing bubble originally) and massive sums of quantitative easing in the market.....which is finding its way into the current day bond and stock market bubble. This has tragedy written all over it unfortunately....a tragedy bigger than 08.

[-] 1 points by bensdad (8977) 1 year ago

I am trying to sever the toxic influence of capitalism on democracy
We can do what 80% of Americans say they want
We can do what 1,900,000 Americans signed
We can do what 363 local & state resolutions call for
We can do what 1,309 American mayors endorsed


Virtually every OWS goal –
jobs, taxes, government honesty, energy, environment, economy
all go back to EXACTLY one place
MONEY IN POLITICS

And there is EXACTLY one first step:

╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬

A constitutional amendment to
Overturn Citizens United and Corporate Personhood

╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬

▬► http://corporationsarenotpeople.webuda.com ◄▬

╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬═╬

For a complete analysis of the amendment issue,

and the text of all amendments,
and our comparison of all of the amendments,
and the Citizens United case transcript,
and the Citizens United decision,
and the Buckley decision,
and analysis of corporate personhood,
and analysis of Article III,
and the ABC News poll on CU / CP,
and the PFAW poll on CU / CP,
and 70+ videos on CU / CP from

Chomsky, Hedges, Witchcraft, Reich,
Warren, Lessig, Hartmann, Maher, Sanders, Hightower, etc.

http://corporationsarenotpeople.webuda.com
no password or signup

JOIN our OWS Working Group:
http://nycga.net/groups/restore-democracy

[-] 0 points by OTP (-203) from Tampa, FL 1 year ago

I think this is the lone thing of emphasis. Im just not sure why its not getting more traction from the people.

Get this through, and everything else is actually manageable.

[-] 3 points by bensdad (8977) 1 year ago

BINGO!
I have been pushing this here & NYC OWS for over a year

[-] 0 points by OTP (-203) from Tampa, FL 1 year ago

I pushed it hard also. There was serious animosity to creating a pledge and attempting to create pressure and publicity by pushing it on the current politicians.

Reform vs Rebuild. "We arent political".

[-] 1 points by elf3 (2656) 1 year ago

t Read the Rules

[-] 1 points by elf3 (1157) 11 months ago left or right the corporate agenda will divide us so we focus hostility on one another - who do you think that big nosy expansive government is comprised of ? They're rigging the system against us all and we're blaming eachother - how foolish is that - we'd all like to be left alone - I don't want to be taxed and regulated into oblivion so that I'm forced to buy or subsidize companies and all of society is forced to rely on someone else to get by - they'd like to prevent me from being able to make own way - who benefits most from subsidies really - who's behind the purchases and rentals and low income complexes - ask yourself that ? Landlords, big development contractors, Super stores- of course our corporate government won't touch it... they love it.