Tag Archives: Yemen

Business Insider- Another US Embassy Employee Killed in Yemen

http://www.businessinsider.com/gunmen-kill-us-embassy-employee-in-yemen-2012-10

Leave a comment

Filed under ARMAGEDDON

Soros tells Bloomberg a “Shadow Banking System has arisen and is growing rapidly”

I initially had no intention of covering Bretton Woods II in the Gaspee because I assumed all Tea Party folks would have heard about it elsewhere. But after attending two different Tea Party rallies over the weekend I was stunned to find out hardly any Tea Party members I spoke with had even heard of it. 

Internationalist/Globalist billionaire George Soros financed Bretton Woods II on April 8th in Bretton Woods, N.H. Bretton Woods I, held following World War 2, was the birthplace of the World Bank and the International Monetary Fund. Soros has been calling for and planning Bretton Woods II since at least 2009, and his stated intentions for it are  plans to “rearrange the entire financial order,” as he was quoted in a November 2009 article in The Japan Times Online. (Click here to read the Nov 8th, 2009 Japan Times article)

It is important to note that Soros also wrote an “editorial” on November 4th, 2009 calling for “re-organizing the world order” (Click here to read the Nov 4th, 2009 editorial from Project Syndicate) that left the US Dollar as the reserve currency.  He wrote “the dollar could still remain the preferred reserve currency…depending on how it was managed“.  However Soros seemed to tie the reserve currency status, to the premise that Obama’s “Stimulus”  succeed in preventing a double dip recession. Soros wrote that if Obama “fails”, and the US Economy starts a double dip recession, (which many economists state we are heading for now)

the next administration will be sorely tempted to create some diversions from the trouble at home, at great peril to the world.” 

Is it just me, or did the CURRENT administration not wait for the NEXT administration to create “diversions from the trouble at home”? Since Obama’s multiple stimulus packages failed much faster and more miserably, than any of the political and economic elites would have guessed, one of the best tools of the last 20 years for creating international diversions was deployed to set fire to the Middle-East… Al-Qaeda! 

Yes I know “W” looked you in the eye, on national television, and said we needed to invade Iraq because of the Global War on Terror and because we had to stop the Taliban/Al Qaeda, but that was a “diversion” so they could get the Patriot Act passed.  No… in 1985 Ronald Reagan compared the Taliban to our founding fathers. Canadian newspapers have reported that Al Qaeda worked for the CIA in the Balkans and Bosnia click here to read.  The “2nd in command” of Al Qaeda dined at the White House just months after the 9/11 attacks, click here for story from Fox News. And it is very likely some of the 9/11 attackers trained at US Military bases, click here for Newsweek article.

Sometimes Al Qaeda is our friend, other times they are our enemy…it depends on what the situation calls for. It is certainly why, even though 1000′s of the “rebels” NATO is protecting in Libya are Al Qaeda,  NATO operations have not even paused. 

Just as Bush used our old friend/enemy Al Qaeda as the excuse to invade Iraq, and pass the Patriot Act; (undoubtably one of the biggest chunks of our rights ever taken from us in one fell swoop)    are the “spontaneous Democratic uprisings” (which we know for a fact were spread by Al Qaeda into Egypt and Libya, and that have spread to Yemen, Jordan, Syria, Pakistan, and Saudi-Arabia) Obama’s diversion? Are the French forces pouring into The Ivory Coast a diversion? A diversion for what? A diversion for the rearrangement of the entire world order, by people like Soros whom Jack Kenny with The New American calls “the Kingmakers”.

Kenny writes:

 “Soros, like British economist John Maynard Keynes, whose pump-priming, big-spending activist role for government became orthodoxy in America during the New Deal of the 1930s, appears to be looking for a more inflatable, adaptable currency, more easily manipulated by the political and economic elite to create yet another “new world order.” And Soros, of course, would be “present at the creation” and, presumably, calling the shots.”

In March of this year Richard Fisher with the Dallas Federal Reserve stated:

“If we continue down on the path on which the fiscal authorities put us, we will become insolvent, the question is when…the short-term negotiations are very important, I look at this as a tipping point.”

Robert Zoellick, World Bank President, said,

“Of particular concern is food prices. This is the biggest threat today to the world’s poor, where we risk losing a generation. We are one shock away from a full-grown crisis.” Click here to read article from The Blaze.

In the video below from Bloomberg Soros alleges the Dollar is already NOT the reserve currency, and states “because of a great demand for money, a “Shadow Banking System” has arisen, and is growing very rapidly”. 

Soros tells Bloomberg:

The big question is whether the U.S. dollar should be the reserve currency. It no longer is[;] it shares that role with the euro, other currencies and commodities. But it’s not just gold being used as a substitute, but oil too, which is putting upward pressure on the market.”

So since Obama failed… since TARP and Quantitative Easing One and Two (aka the Stimulus Bills) have failed to re-start the American economic engine, it would appear Soros has changed his mind since November of 2009 about the Dollar remaining the reserve currency.

What does that mean? For a very basic explanation I have linked to an older Gaspee post from Jan, click here to read.

In short, because other countries historically were only permitted to buy oil in US Dollars (because it is the Reserve Currency) the Federal Reserve and Treasury Department can print trillions of dollars of currency out of thin air, and only cause gradual, palatable inflation here in the US. When other countries have tried to “monetize” their debt such as, Zimbabwe, Weimar Republic (Germany), Argentina, etc it caused Hyper-Inflation.

The Federal Reserve at this point is “monetizing” 70% of the US Debt. That means they are asking the Treasury Department to print dollars, which they give to the Federal Reserve, and then the Fed buys US Treasury Bonds (US Debt) with those new dollars. Kind of like opening up a new credit card, to pay off a credit card. Many financial experts claim that if we lose Reserve Currency status, the US would no longer have this luxury of ceaselessly printing dollars, and the US would very likely experience severe inflation or worse, hyperinflation. Hyperinflation is a situation like that of the Weimar Republic. China, as well as, huge US Treasury holders like PIMCO are dumping US Bonds because they know the US has reached a “tipping point”, and faces a debt crisis that even Paul Ryan’s newly passed budget with $6 trillion in spending cuts does not even begin to address.  

Michael Snyder of Economic Collapse has astutley noted in the following video, where Soros openly discusses “The New World Order”, 

the only thing that Soros seems to fear is that the “managed decline” of the dollar could “get out of hand” and could lead to global financial chaos.”

Ya think?

Isn’t it time to start using some common sence? How SUSTAINABLE is this Ponzi Scheme we call the American Economy which since 1971 ceased to be backed by Gold, but by DEBT/Spending? A GDP that only increases based on never-ending wars/crisis that generate more spending/debt? 

Soros clearly says it is not, and he has a plan! He is investing in commodities like oil and gold.

If I were a billionaire I would probably invest in Oil and Gold as well. However history clearly shows one commodity ALWAYS wins in a crisis, FOOD.  I submit, at some point in the very near future, FOOD will become a very real currency. I have become a “distributor” for E-Foods Global, and if you want to discuss a plan to bolster your existing store of food, or if you have been wanting to start an emergency food supply but are not sure how to get started,  please visit my website at http://lifelinefood.myefoods.com, or drop me an email at lifelinefood@yahoo.com

Just in the last year the price of corn has risen 52%, wheat 36%, sugar 60%, and orange juice 34%. 

You can rest assured there will be a “trigger” event. Whether the crisis happens here, a second major terror attack; or abroad, when Israel decides it is no longer feasible to wait for the UN to save it from a nuclear Iran.  And if you wait until that time it may very well be too late. 

It is no secret that two of the biggest manufacturer’s of freeze-dried food have backordered #10 cans of food, and there are many assertions it is the Feds causing the backorders. If the Feds are “prepping” you should to. Click here to read World Net Daily story. 

If the worst case scenario happens in the US because of the fun and games of demented billionaires, are you prepared to survive while the entire financial order is re-arranged?

Here are some examples of what it could be like:

Greece:

Zimbabwe in 2008:

Argentina 2001:

USA 2010: Town near Boston due to water main break had no water for several days. This should be a wake up call for us all!

 

Jefferson knew this time would come. He stated that “banking institutions were more dangerous than standing armies” and that he “placed public debt as the greatest of dangers to be feared” 

Because he knew that any government with an endless supply of blank checks never ends well for its citizen’s.

When God revealed the imminent famine that was to beset Egypt, he prepared, and Egypt, as well as Israel, survived.

Jesus tells us very clearly in His “Olivet discourse” that spoke of the signs of the end of the age, that there will be Earthquakes, Wars and Rumours of Wars, and Famine.

The time to prepare is now.

http://www.americanfreepress.net/html/bretton_woods_ii_265.html

http://en.wikipedia.org/wiki/Bretton_Woods_system

http://www.thenewamerican.com/economy/commentary-mainmenu-43/7087-soros-us-dollar-no-longer-world-currency-reserve

1 Comment

Filed under Economic Collapse