george soros (2)



 http://www.marketwatch.com/Story/story/print?guid=25965F12-6D1A-11E0-8CAB-00212804637C
 

 
Only government can take a perfectly useful commodity such as paper, print a few numbers on it and make it worthless . . .
 
 
American Economy Facing
Death by 10,000 Cuts
 
 
It's too early to calculate if the recent International Monetary Fund's projection (see link above) that the "Age of America" will end in five years when the Chinese Economy surpasses America's is accurate.  However, you don’t have to be a gypsy fortune-teller to read-between-the-lines well enough to see that the American economy is dying the death by ten thousand cuts. Of course, many (if not most) of our fearless leaders in Congress and the White House are proclaiming an ongoing recovery. We’re not talking the Mississippi here, but de-Nile, deep, deep denial. Until we’re willing to face up to the truth, no solutions are possible. The progressive leadership in this country over the last forty-eight years (only Ronald Reagan is exempt among presidents and both chambers of every single congress has been guilty with the verdict still out on our present House of Representatives) have destroyed the greatest economic machinery the world has ever known and substantially weakened and corrupted the greatest and freest society ever known. 
Except for producing reality TV series and useless TV networks, we almost don’t create or build anything any more . . . we certainly don’t create jobs. The American Dollar whose original symbol was a capital “U” with a capital “S” atop it has been led to a slow death. Thanks to our leaders we are almost literally drowning in debt: $14.3 TRillion officially; plus $115 TRillion in UNfunded liabilities (Social Security; Medicare; the federal side of Medicaid) or a total of almost $130 TRillion we purposefully ignore discussing; plus, oh yes, that Welfare State that just got Obamacare added onto it . . . .

www.prisonplanet.com/24-signs-of-economic-decline-in-america.html
In a recent article the Prison Planet website told a sad story . . . when we’re through examining their cataloging of the situation . . . besides some parenthetical comments you’ll see immediately after each item, Rajjpuut has three shocking insights to add to the picture, Prison Planet said . . . .

The Economic Collapse: 24 signs of economic decline in America
 
#1 Standard & Poor’s just altered its outlook on U.S. government debt from “stable” to “negative” and warned the U.S. that it could very soon lose its AAA rating (the last time this happened was during the three months following the December 7, 1941 surprise attack on Pearl Harbor).

#2 China has announced that they are going to reduce their holdings of U.S. dollars (China, Brazil, Russia, and several other countries have openly called for elimination of the dollar as the world’s reserve currency and China, Russia, Brazil and India have been moving out of Greenbacks into gold and silver).

#3 Hedge fund manager Dennis Gartman says that “panic dollar selling is setting in” and that the U.S. dollar could be in for a huge decline (the dollar has lost 24% of its value this last decade).

#4 The biggest bond fund in the world, PIMCO, is now short-selling U.S. government bonds.

#5 This cruel economy is causing “ghost towns” and “ghost neighborhoods” to appear all across the United States. There are quite a few counties across the nation that now have home vacancy rates of over 50% (Las Vegas, Nevada has one of the highest home vacancy rates in the nation . . . it’s so bad there that there’s a mini-construction “boom” going on . . . what? why? because rather than clients moving into the ghost neighborhoods for a bargain price they prefer to get into whole new sub-divisions with other people nearby rather than a seedy area over-run by kangaroo rats).

#6 There are now about 7.25 million fewer jobs in America than when the recession began back in October, 2007.

#7 The average American family is having a really tough time right now. Only 45.4% of Americans had a job during 2010. The last time the employment level was that low was back in 1983.

#8 Only 66.8% of American men had a job last year. That was the lowest level that has ever been recorded in all of U.S. history.

#9 The average large company’s CEO made 343 times more money than the average American worker did last year.

#10 Gas prices reached five dollars per gallon at a gas station in Washington, DC on April 19th, 2011. Could we see $6 gas soon?

#11 Over the past 12 months the average price of gasoline in the United States has gone up by about 30%.

#12 Due to rising fuel prices, American Airlines lost a staggering $436 million during the first quarter of 2011.

#13 U.S. households are now receiving more income from the U.S. government than they are paying to the government in taxes.

#14 Approximately one out of every four dollars that the U.S. government borrows goes to pay the interest on the national debt.

#15 Total home mortgage debt in the United States is now about 5 times larger than it was just 20 years ago.

#16 Total credit card debt in the United States is now more than 8 times larger than it was just 30 years ago.

#17 Average household debt in the United States has now reached a level of 136% of average household income. In China, average household debt is only 17% of average household income (1/8 as high a percentage on a lot less earnings).

#18 The average American now spends approximately 23 percent of his or her income on just two items food and gasoline (forty years ago that number was about 7%).

#19 In a recent survey conducted by Deloitte Consulting, 74 percent of Americans said that they planned to slow down their spending in coming months due to rising prices.


#20 Over 59 percent of all Americans now receive money from the federal government in one form or another.

#21 According to the U.S. Bureau of Labor Statistics, the average length of UNemployment in the U.S. is now an all-time record 39 weeks.

#22 As the economy continues to collapse, frustration among young people will continue to grow and we will see more seemingly “random acts of violence”. One shocking example of this happened on a Metropolitan Atlanta Mass Transit Area (MARTA) vehicle recently. The following is how a local Atlanta newspaper described the attack . . . .
 
               Roughly two dozen teens, chanting the name of a well-known Atlanta gang, brought mob rule to
MARTA early Sunday morning, overwhelming nervous passengers and assaulting two Delta flight attendants.
 
#23 Some Americans have become so desperate for cash that they are literally popping the gold teeth right out of their mouths and selling them to pawn shops.

#24 As the economy has declined, the American people have been gobbling up larger and larger amounts of antidepressants and other prescription drugs. In fact, the American people spent 60 billion dollars more on prescription drugs in 2010 than they did in 2005.

            To understand the full picture, consider this: Barack Obama’s puppet-master, George Soros (the “man who broke the Bank of England” and owner of some 52 progressive-foundations that have been working to undermine the U.S. economy for the last nine years as well as funding Barack Obama’s campaigns) is openly calling for the Chinese Yuan to replace the Dollar as the world’s reserve currency. Soros, who has been called responsible for the destruction of at least six other currencies, is now heavily invested in the Dollar’s destruction. Every day that we refuse to emulate the British and adopt severe austerity measures, the closer Mr. Soros gets to adding another few hundred billion dollars worth of profit to his net worth. However, it’s not likely that Barack Obama will cut his own strings and act for the good of the American people against George Soros.
Real money, such as gold or silver, does not change in value over time although because of supply and demand considerations and new inventions, etc. it may be used to buy more or buy less of certain commodities. Paper money which is NOT backed by gold or silver (fiat money) always becomes worth less over time and eventually worthless. Right now Americans are shocked that the dollar has officially lost 24% of its value in a decade . . . but that’s only the official figure. The Federal Reserve Bankers under Fed Chief Ben Bernanke have not so much been “printing money” but merely creating it electronically. If the official figures took into account all Mr. Bernanke’s shenanigans and the world valued the Dollar accordingly then the 2011 dollar would be worth between 3-4 pennies from the 2001 DOLLAR.  Leave it to government to take a perfectly useful commodity such as paper, print a few numbers on it and make it absolutely worthless . . . by the way, gold prices have risen 45% in the last eighteen months; silver has risen 58% in the last four months as people and nations are abandoning paper currencies like the Dollar, Euro and Yen. 
            The combined U.S. National Debt and UNfunded liabilities and Welfare responsibilities of the American government right now is equal to about three and one-half times the Gross Domestic Product ($57 TRillion) of the entire world . . . and yet the highly visible film-maker Michael Moore, all the unions, and the Progressives in congress from both parties claim there is “plenty of money” and refuse to cut spending and are debating when and how and how much to increase the debt ceiling right now. They’re counting on higher taxes upon “the rich” (those married couples earning a combined $250,000 or more who create all our small business jobs) to solve all our problems while continuing to create higher deficits, the one thing NOT on their agenda: spending cutbacks.
 
Ya’all live long, strong and ornery,
Rajjpuut
 
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George Soros Calls for
“Managed Decline of the Dollar”
One of the richest men in the world, who has already profited mightily from the collapse of four separate currencies around the globe, now appears prepared to “encourage” the collapse of the “world’s #1 reserve currency”: the American Dollar. Of course the great Marxist “philanthropist” George Soros is not expected to make a penny from the financial ruin he’s engineering against American citizens and the great hordes of dollar-holders around the globe . . . no, never could happen with the “managed decline of the dollar” he's calling for.
Soros, who along with Hillary Clinton**, helped create the liberal propaganda and attack-foundations Center for American Progress and Media Matters (Media Matters showcases among the most vicious and outspoken left-wing critics and smear campaigns upon Conservatives like Glenn Beck^^, Rush Limbaugh and Sean Hannity)
has long been in the shadows hiding behind his Tides Foundation to
disguise the movement of his millions into leftwing American and European organizations designed to upset the American apple cart.
Over the years the single most effective of Soros’ shadow organizations benefitting from his money was our very own ACORN begun in GASP! Arkansas. ACORN (originally named the Arkansas Community Organizations for Reform Now), of course, was created in Arkansas by Wade Rathke@@ the same year that CRA ’77$$ Legislation was passed and besides all the problems they created (in building up to our recent very own financial collapse courtesy of the ACORN-induced sub-prime lending crisis) also played a major role in ensuring that William Jefferson Clinton would be the state’s governor for 12 of the next 14 years and, oh yes, become the 42nd President of the United States.
Soros, possibly in response to a Glenn Beck challenge the day before to appear on the Glenn Beck Show with him for one hour and reveal his intentions for America, yesterday came out of the shadows long enough to write a check directly to Media Matters for precisely $5 million to hire “investigative journalists.” Since Media Matters has 50,000 hits on the search subject “Glenn Beck” one wonders if George is trying to find something on Beck that’s eluded him so far.
Going back to Soros’ aiming to profit from devaluation of the American dollar . . . as a matter of “full disclosure,” your blogger Rajjpuut, recently suggested that patriotic right-wingers invest in silver and exit the stock market based upon the actions of Federal Reserve Chairman Ben Bernanke who within four months of the September, 2008, financial meltdown upped the amount of greenbacks circulating in the country to 15 times its previous level thus theoretically making the 2009 dollar worth 6.7 cents in 2008 money. Of course, Rajjpuut, has never been accused of deliberately collapsing anybody’s currency, but only of not wanting to hold onto money that’s not worth the paper it’s printed on . . . and suggesting that his relatives, friends, readers, and acquaintances avoid that problem also.
So . . . you’ve been warned TWICE.
Ya’all live long, strong and ornery,
Rajjpuut
$$ CRA ’77 was the Community Reinvestment Act of 1977, passed on Jimmy Carter’s watch . . . which opened the door for government to force lenders to make knowingly bad loans to people who did not qualify for a mortgage by any reasonable standards. Bill Clinton after coming into office in 1993 immediately set out to create law by presidential directive to give CRA ’77 the teeth it lacked. Then in 1995, he twice oversaw legislative expansions of CRA ’77. And finally Clinton’s 1998 expansion of CRA laws put the whole system on steroids. What effect did this have? In 1975, 0.24% of all home loans were granted at 3% down payment or less. In 1985, working primarily in Arkansas, ACORN had more than doubled that percentage to 0.51%. Thanks to Clinton’s efforts by 1995 14% of all home loans were granted at 3% down payment or less. After Clinton’s “steroid expansion of CRA in ’98, the 2005 figure showed 34% of all home loans were granted at 3% or less. By the way, ACORN lawyer Barack Obama was shaking down lenders in Chicago between 1994 and 1996. ACORN after Clinton left office found that they could get homeless people into $400,000 homes just as easily as they had put semi-poor folk into $150,000 homes five to ten years earlier. ACORN’s success in putting people without jobs; without decent credit; without rental histories; who gave food stamps as “income”; welfare recipients; and even illegal aliens into homes was the prime cause of the recent sub-prime lending crisis that instigated the financial meltdown we’re now enjoying.
@@ Rathke, who went to Arkansas seven years earlier in 1970, was a lieutenant of George Wiley and part of Wiley’s, Richard Cloward’s and Frances Pivens’ National Welfare Rights Organization (NWRO). NWRO was created to overwork the Welfare system in 1967 and by 1975 had bankrupted New York City (the federal government bailed them out) and came within a whisker of bankrupting New York State. The trio was seeking to put the infamous Cloward-Piven Strategy (based upon a C-P article in The Nation in 1966) into operation to force the United States into a GNI (guaranteed national income) and they presumed wipe out poverty forever. Rathke ran the Arkansas NWRO. After bragging about their great success Cloward, Piven and Wiley suggested the next areas for “Alinsky!! street theater” and Cloward-Piven Strategy should be voter registration and housing legislation . . . enter Rathke and ACORN two years later.
!! Saul Alinsky was the self-described neo-Marxist author of Reveille for Radicals (1946) and Rules for Radicals (1971) who literally dedicated his Rules for Radicals to Satan.


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