Financial "reform" bill will guarantee more stealing the fruits of our labor
The dirty traitors who pushed through the Federal Reserve Banking Act of 1913 made sure it was "legal" for "America's" central bank to enter into agreements with other central banks and foreign governments (we the people have NO say in the matter), all information pertaining to such transactions are to this day kept secret. You, me, our children and grand children were set up to work all our lives to enrich a relatively small number of elites while being thrown crumbs from their tables.
"Meanwhile, the corporation reported its potential obligations to cover future pension losses from financially troubled companies more than tripled from $47 billion at the end of fiscal 2008 to about $168 billion at the end of last year."Among the companies whose pensions PBGC have recently been forced to assume are the electronics retailer Circuit City, the IndyMac Bank, and the Lehman Brothers investment firm. And General Motors’ and Chrysler's continued losses leave their massive pension plans hanging in the balance, potentially adding $42 billion in auto industry retirement obligations to PBGC’s burden if they went under, the Government Accountability Office reported April 6. The auto makers reported last month their condition is improving, but losses continue to accumulate."
Tragically, the American people will vote back in their incumbent in Congress to reward them for taking this nation to utter ruin. On March 2, 2010, here in Texas, every single incumbent in Congress (except the seats up for grabs) won their primary and unless something earth shattering happens, they will all go back to Congress in 2011.
Congressman Ron Paul's bill to audit the "FED," has 319 cosponsors, yet it sits rotting in a rotten Congress. The U.S. Senate, has stripped and watered down the bill to protect Wall Street and the world banking elites.
Real solutions aren't even being mentioned in this latest financial "reform" bill. If you don't go back to where the problem started, you cannot fix it.
We know that the Federal Reserve Act is unconstitutional, without question. Next came Bretton Woods. I've written about this before because Bretton Woods IS the financial foundation for one world banking and collapse. When these untied States of America signed onto Bretton Woods, our government sliced out a huge part of our independence and sovereignty and handed over the fruits of our labor to leviathan monster scams like the Bank of International Settlements and the International Monetary Fund.
There was an impressive headline sure to please conservatives that is just more smoke and mirrors: GOP continues effort to thwart EU bailouts. "Should Spain request a bailout from the IMF, we urge you to make it clear that the U.S. will oppose such a bailout, and do all in its power as the IMF's leading contributor to reject putting American money further at risk," they wrote. "The U.S. did not implement the policies that have caused Spain's debt issue and the U.S. taxpayer should not be put at risk to bail them out." The lawmakers have already sent a letter to Treasury Secretary Timothy Geithner calling on him to oppose the $145 billion bailout of Greece, as well as future European bailouts."
Big whoop. The Republicans had control of Congress from Jan 1995 - January 2007; eight years with a Republican president. Yet, not a single bill was introduced to get us out of the Bretton Woods agreement, immediately stop ALL payments to the BIS and IMF. No, instead, as I wrote above, you will go to work today to foot part of the bill to reward the Greek government for destroying their economy because the IMF will make the bail out. It's just the beginning.
THAT is the end result of America being involved with all these international monetary agreements. The Republicans can object all they want. They can send Geithner a thousand letters while he and the money cartel continue to wag Congress' tail. As long as we are a participant in Bretton Woods, the rape will continue. As long as the "FED" is in operation, the fruits of our labor will be stolen to enrich the elite few.
The "reform" bill which will be voted on and likely passed by both Republicans and Democrats does nothing more than allow the continued plunder of the people's purse. The financial rape will continue, funded by the fruits of our labor. No? Is THIS what you went to work for today?
EU creates $1 trillion package to save euro
"The Fed's move to back the euro defense plan reopens a program put in place during the 2008 global financial crisis under which dollars are shipped overseas through foreign central banks. In turn, these central banks can lend the dollars out to banks in their home countries that are in need of dollar funding in so-called swap agreements.
"The Fed said action is being taken "in response to the reemergence of strains in U.S. dollar short-term funding markets in Europe" and to "prevent the spread of strains to other markets and financial centers." A "swap" line with the Bank of Canada provides up to $30 billion. Figures weren't provided for the other central banks involved. They include the Bank of England, the European Central Bank, the Swiss National Bank, and the Bank of Japan."
The "Fed" will print up more confetti paid for by who when these banks continue to default along with foreign government? Where in the U.S. Constitution does it authorize this kind of financial shenanigans blessed by Congress? It doesn't, but since the "Fed" is a privately owned consortium of bankers, they do what they damn well want while members of Congress play important.
The increase in withholding taxes from your paycheck will continue to deprive you of the ability to afford to provide even the basic needs for your family. Each session of Congress is two years. More than ample time to write a single bill for each issue and stop these 1000, 17000 or 2500 page bills that hide so much treachery and treason. That will NOT happen if the same incumbents are returned to Congress. They didn't get the job done the entire time they've been in Congress and it won't happen if you reward them again.
Slick attorneys writing this "reform" bills for members of Congress are writing away the lifeblood of this republic. They work not to save capitalism, but to burn it at the cross of money for the bankers. Unless and until you cut out the cancer, the patient will continue to die a slow painful death. As I have mentioned many times on my radio show: I don't hear any candidates for Congress talking about abolishing the FED, getting us out of Bretton Woods, all the foreign entanglements and stopping ALL foreign aid to any country on this globe. All illegal under the U.S. Constitution.
As for incumbents, Richard Shelby, Pelosi, Libermann, Rangle, Patty Pancake Murray, King, DeMint, McClintock, Snowe - take your pick - NOT ONE OF THEM has ever taken a single step towards returning the banking system to the private sector and removing America from the Titanic. Now, it's too late. The next target is your 401(k) to "help" pay down the debt and promise you more worthless paper a few decades down the road. The trial balloons have already been floated.
The states of the Union have not acted to protect themselves by implementing a sound money bill in their state. A tragedy. Thousands of Americans have been hammering on their state legislatures to get a bill passed and operational. Too many political animals in these state legislatures either don't understand the problem or refuse to vote for a bill because it's not their party's idea.
Stop listening to the drivel on the stupid tube and from politicians about a recovery, slow or otherwise. Start listening to those who do understand the markets and what is happening globally because it is going to affect YOU even more than what we've seen over the past few years. The global money masters who own Washington, DC., are not going down without a fight and everything you have ever worked for is now in jeopardy. Every move made by the usurper in the White House has been calculated and Obama/Soetoro's job isn't finished yet.
I am not a financial investment planner or gold dealer, but those holding paper currency are holding nothing. If you haven't diversified some of your worthless federal reserve notes yet, I urge you to purchase gold before the price skyrockets. Gold never loses it's value, but inflation is going to eat your "dollar". Actually, the acceleration is already underway and that is why investors are flocking to gold. That is why the richest elite on this globe own gold, not paper currency.
Because events are so fluid and dire, people shouldn't panic, they should (as I have written for years) carefully consider the big picture and begin planning now. Regardless of what caused last week's thirty minute chaos on the stock market, it can happen again whenever the powers that be want to remind us who is in charge. Communist China holds most of the toxic paper the federal government has put into debt for over the decades. Think China is too big to fail? Think again and be forewarned: One day there will be no one to buy the massive debt created by Congress and sitting presidents. The only options then are for the the U.S. government to default or simply take everyone's paycheck via massive taxation and your retirement and pension funds. Think it can't happen?
Give Robbie Westfall, owner of RWI Coins, Inc., a call. Talk to him or one of his knowledgeable people about gold and protect what you have left. Robbie wholesales to gold dealers and has been in the business a long, long time. I trust his advice, but this isn't for me, it's about your survival and your family's future. Robbie's number is: 813.977.7200.
Time is in short supply for all of us. Like all researchers, there is more information out there than any one person can absorb. Below in the links section, are items I feel are the most factual to help all of us understand the situation better. The name of the game now is survival. Between the belligerent, militant illegal aliens and their enablers, and the refusal of Congress to pass solutions instead of more Band Aids, the worst is coming. Ignoring hell won't keep you from getting burned.
Bob Chapman, who writes The International Forecaster and has been in the financial world for 50 years will host my radio show, May 13, 2010. I listened to him about the housing market back in 2005. John and I were able to get out of our house in Sacramento with a small profit; two months later that upscale housing development went into foreclosure on a mass scale which continues today. Had I not heeded Bob's advice, we would still be there in a house that is now worth $170,000 less than the day we closed escrow. The people who bought our house will never be able to sell it for even close what they paid. I hope you can tune in and listen to this man's wisdom and experience.
 Seventeenth Amendment Fraud
[1a] Fact page on Seventeenth Amendment
 Congressman Louis McFadden
Congressional Record, June 10, 1932
Watch these video clips. This man knows what he's talking about because he, like Peter Schiff, Ron Paul and Dr. Edwin Vieira, Bob Chapman -- all predicted what we've seen happen over the past 20 years long before the actual events.
Gerald Celente: Crash of 2010 inevitable
Gerald Celente on Greece Riots
The Dodd Bill: Bailouts Forever
The Fed Admits To Breaking The Law
High-End Homeowners Falling Into Foreclosure Trap
40 MILLION Americans now on food stamps
US Food prices are hitting the roof
Our purse is overdrawn almost $13 TRILLION dollars and still Congress continues to throw money illegally at foreign governments:
America: Do you feel violated yet?
Security for who? Graft and corruption
US senators call for $3.5 billion in American aid to help
Haiti recover from quake (five months later)
Unions Want to Take Over Your 401(k)
Trillions in IRA funds could be forced into U.S. Treasury debt
Retiree Annuities May Be Promoted by Obama Aides
40l(k)/IRA Nationalization Quietly Moves Forward
US faces inflation or default
"SKYNET" threatens the markets -
And this time Arnold can't save us!
Congressional Hypocrites Were Betting
Against Stocks As Country Collapsed
The Dow's Phony New High
Bilderberg Manipulated Stock Market Crash
Copyright © 2010 Devvy Kidd