Listen Up Folks!

My friend Stephen Macklin over at Hold the Mayo posted the video which strengthens the written words issued by Lord Monckton as pertain to the formation of a world government, a world order which would strip America of its sovereignty. I have little if any confidence in our Senate; should Obama attend the Copenhagen meetings on Climate Control and sign the treaty, I fear the left leaning majority just might buy into and ratify such a fiasco. You’ll find that video a little further down; please listen up folks, the enemy is at our gates.

I posted America’s Foundations in Danger or Under Attack last week, which had gone pretty much unnoticed, at least from the number of folks who stopped to leave a comment. Lord Monckton’s speech was linked there as well as other important points of interest.

I’d mentioned the possibility of hanky-panky in the gold supply, selling the same property to as many as ten individuals based on the principles of fractional reserve banking; hardly principled when you consider the opportunities for abuse. This morning while listening to the Glenn Beck radio program, something right wing brain dead zombie extremists do prior to threatening the foundations of government; I heard some frightening statistics.

A history lesson on inflation comparing the 70’s with today was given. I’m sure it will show up on his website; but until then here’s what I took away from my morning drive. Back in the 70’s when the economy was tanking the Fed injected a 13% increase to the money supply which eventually brought about 20% interest rates about 2 years later.

You might want to sit before proceeding; this year alone the Fed has increased the money supply by 120%, that’s a hundred and twenty percent more money than was available last year. If history and inflation hold true then we can expect a rather dark future ahead, say in the next year and a half to two years when the Fed tries to “justify”, hope that’s the correct terminology, justify the books.

Can you imagine what the value of the dollar will be two years from now? I can give you a hint simply by looking at the price of gold, a price which fluctuates nearly in direct correlation. Those folks who believe they are making money when the price of gold goes up fail to realize that the value of their dollar has already gone down, what it will purchase has gone down about the same amount; no gain or a break even proposition.

The Fed is destroying the value of our money while congress keeps telling us to spend more, that the supply is endless and we can fix the economy by increasing our debt. The world market will not tolerate such unbridled debt ceilings and some day, fairly soon, our “markers” will be up for collection. That day will be a sad reality to everyone who continues to believe that we can spend like drunken sailors without any consequences.

Now, enjoy the video…ignore the information and we all lose.