tag:blogger.com,1999:blog-53246864840716464.post4873605804909519797..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: Is the First World Being Turned into the Third World?Unknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-53246864840716464.post-76726242518068480642009-06-17T12:32:10.456-07:002009-06-17T12:32:10.456-07:00Two thoughts -- 1)The sources quoted preceded the ...Two thoughts -- 1)The sources quoted preceded the current global crisis, and therefore are irrelevant. 2) The fact that the US financial system nearly brought down the global financial system is evidence that the US is still the financial leader. Not sure who these mysterious "international bankers" are that you refer to, but most of the international bankers in the world look to the US economy as a benchmark. <br /><br />But, a good conspiracy theory is always an attention-getter.Chuck Warnockhttps://www.blogger.com/profile/17106489690595446650noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-45905596541481305592009-06-16T20:40:04.543-07:002009-06-16T20:40:04.543-07:00That has to be probably the best explanation I'...That has to be probably the best explanation I've seen of what is going on.<br /><br />Conspiracy people like to talk about people in a dark room plotting nasty things against us. It's both simpler and more complex than that. <br /><br />I think of the international financier type people as modern day robber barons. They've rigged the system in their favour and basically set up a casino type economy where they own the house. And as we know, the house always wins.<br /><br />We, as a people have to recognize this and realize that we cannot win this game, it's not possible. We have to recognize that the central banks which hold up this entire fractional reserve leveraged system are our enemies and strike at them. <br /><br />I believe we have to educate people about sound money and reform the monetary system to remove ourselves from this game.Mike Fleminghttps://www.blogger.com/profile/10567522411418478457noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-54518564560857762692009-06-16T14:39:56.183-07:002009-06-16T14:39:56.183-07:00Great post. Cites two of the most influential peop...Great post. Cites two of the most influential people in economic truth today: Fitts and Whitney, both of whom I've cited in my blog. Fitts' 'Tapeworm Economy' might be the best description of what's occurring today--see her videos.<br />Now realpolitick: The US exchanged its military and global credibility for Middle Eastern energy resources. Without this resource seizure/intervention, the dollar was destined to be destroyed by zooming capital outflows for energy imports, a problem that continues as the dollar depreciates and the reason Nixon pulled us off gold backing during first oil shocks.<br />Now direct foreign investment here is a positive; I don't think we should consider it a bleeding of our capital, which is like all fiat currencies, intrinsically worthless. If we'd kept the dollar tied to gold we'd be even poorer! We should be glad other nations will be willing to take our pieces of paper in return for their--somewhat more stable-- pieces of paper like Euros...jbpeebleshttps://www.blogger.com/profile/11386620564536871255noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-91449717810495548222009-06-16T11:52:12.766-07:002009-06-16T11:52:12.766-07:00as long as the U.S. citizen is so dumbed down and ...as long as the U.S. citizen is so dumbed down and out of it to allow their government to enrich the unbelievably 'wealthy' oligarch bankers of Europe with taxpayer's money that hasn't even been printed yet, then 'hell yes' to that.<br /><br />this government could almost get away with another false flag attack right now and I kind of think they're intentionally pushing the envelope, on purpose, to see how far they can bankrupt us before they pull back from the brink of ruin.<br /><br />this brinkmanship, may, in fact, 'backfire' on them if they keep this up.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-25591143518140144442009-06-16T10:38:06.052-07:002009-06-16T10:38:06.052-07:00Short answer is "yes." And it is squeami...Short answer is "yes." And it is squeamishness over terms like "international bankers" that has made the recognition of the problem so slow. No one wants to be an anti-semite, but few have bothered to look at the reverse: you couldn't criticize an institution like the NY Fed because it hid behind that charge. A lot of corruption hid behind fear of that charge. It became a get out of jail free card, or more accurately a don't go to jail no matter what card.<br /><br />And yes, it is intentional. It is profitable and those profiting see US citizens becoming paupers as a bonus. We have a government that actively works against our interests. Does the Indian government work night and day to figure out how to export its jobs to us?<br /><br />I said long ago that the day would come when we would see our national parks privatized. That is going to hurt our pride, but again, many are going to relish our humiliation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-25387655578240888192009-06-16T09:42:35.415-07:002009-06-16T09:42:35.415-07:00US wealth is not being shifted to foreign entities...US wealth is not being shifted to foreign entities.<br /><br />It's the US boss class that is trying to scoop up all the wealth and re-feudalize US.<br /><br />But the junk-food eaters shuffle from shop to shop, saying, "Yes, Masters."Anonymousnoreply@blogger.com