Face It
Bush Blows
Congress Sucks
The Courts Are Worthless as tits on a bull
Will cutting the lending rate cause banks to begin lending again when no one knows who owes whom? Getting a great rate is fine for the borrowers but how does this ensure repayment of those loans? Frankly, I don't see how the central banks can get themselves out of the mess they got us all into. I see the whole ugly banking system completely collapsing. The fact remains there is too much debt to ever be repaid. If money is not lent out in a fiat money system the supply of cash shrinks. We are heading into a deflationary depression as the bankster shysters hopelessly attempt to save their underhanded money scheme.
We need to change to a real monetary system based on gold and silver currency.
Congress Sucks
The Courts Are Worthless as tits on a bull
Will cutting the lending rate cause banks to begin lending again when no one knows who owes whom? Getting a great rate is fine for the borrowers but how does this ensure repayment of those loans? Frankly, I don't see how the central banks can get themselves out of the mess they got us all into. I see the whole ugly banking system completely collapsing. The fact remains there is too much debt to ever be repaid. If money is not lent out in a fiat money system the supply of cash shrinks. We are heading into a deflationary depression as the bankster shysters hopelessly attempt to save their underhanded money scheme.
We need to change to a real monetary system based on gold and silver currency.
posted by Tomás Estrada-Palma at
9:01 AM
2 Comments:
Tomás, you did call this mess last year, I remember that you warned me with details about what was coming with the economy, you have been proven spot-on correct, when I replied that we should begin to secure our weapons and ammunition I wasn't kidding, it always pays to be prepared no matter what.
I haven't had the time to drop by for awhile, you know where I was, I have an awful lot of catching up to do not only with this blog, but also with all the CA blogs that I keep up with, I received the BTR update eMail that your program was back on the air, I downloaded but did not listen to it yet, be good, talk to you soon.
Good to have you back in the country amigo! Looks like we're in the front end of a deflationary depression.
I'm back on the air 8:30 PM Sunday's. Call in if you get time.
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