Friday, October 10, 2008

Incompetent Criminals

You have the worst of circumstances amigos. You have elected criminals to public office who are also ignorant as rocks about economics. It is incredible to me that apparently a majority of voters still plan on voting for one of the two bankster backed candidates - McCain or O'Bama. What is even more amazing is these voters hope that the two mainstream morons will change things for the better. Of course one of the morons must lose and once the economy really turns ugly next year the supporters of the losing candidate, probably McCain, will cry if only the public had elected their candidate things would have turned out fine. But other than using generalized labels, most of you still do not get it. Most of you do not have a grasp of what is happening to our economy.

So let me try to explain one more time as clearly as possible. The illegal Federal Reserve creates counterfeit money for the banks to lend out to people like you and me. Mostly to fund the war in Iraq the Federal Reserve printed huge quantities of extra fiat currency. The entire world is gorged with debt from this hyperinflation of the dollar and nobody knows exactly who owes whom and if they'll be able to pay the loan back or not. So banks are afraid to loan out any money. In a fractional reserve banking system, which is the scheme the Federal Reserve private bankers use, lending out money is the main way the money supply grows. Therefore, no loans and the money supply begins to shrink. As it shrinks the value of the dollars remaining in the economy grows which means you need less of them to buy what you need. Excepting food, which will drop in price soon enough as people grow their own, commodity prices are dropping along side Real Estate and your stock portfolio. The above mentioned criminals are concentrating on figuring out a way to prop up stock prices and Real Estate worth because most of you think the dropping prices for these things is the problem. It is not. Let me say it again. The problem is we are using a fiat money system that was hyper-inflated into price bubbled debt that is now too large to pay back. Because of this the banks won't lend money and the money supply drops causing a deflationary depression.

It is incredible that you have been TV massaged into believing the CNBC nonsense so easily. I can't be too upset with you because I have been where you are in the past myself. However, I wised up. There is no way in hell to put this counterfeit money scheme back into play. Just because Americans only now are awaking to the fact that they have been victims of Federal Reserve counterfeiters, the rest of the world is already onto the scam.

The way I see it only two scenarios await our future. Either we abolish the Federal Reserve System in lieu of a locally based banking hard money system using gold and silver as specified in the U.S. Constitution or the shysters running the show now will take this nation down, kill many Americans outright or from neglect and in the end destroy our once great nation as we know it. It may already be too late even if you attempted to vote the perpetrators out of office because they could have the vote rigged since they count the votes in secret these days or use unverifiable touch screen paperless voting system with no records. There is a good chance you have already picked you Congressman, Senator and Presidential preference - whether you like it or not.

Bush just finished speaking again offering yet another $700 billion dollar rescue plan. It was just a few weeks ago he was saying the economy was fundamentally sound. How much longer are you going to listen to these idiots, amigos?

3 Comments:

Anonymous Anonymous said...

Palma you and your friends are right about the economy but there's a lot more to this than what seems to be, look deeper and you your friends and us might agree on something

5:10 PM  
Blogger Tomás Estrada-Palma said...

Of course we can amigo.

6:01 PM  
Blogger Tomás Estrada-Palma said...

You know amigos, people mistake America for a "free market" economy. Poppycock! We have a corporate socialism scheme that makes profit private but losses public. So the next time you hear one of the blusterers railing against Chavez and Castro for being socialists - please remind the hypocrites they are birds of a feather.

8:24 AM  

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