Global Financial Collapse within 6 months???

[M-2]

A little history for you as to the start of why/how we got where we are:

On June 5, 1933, the United States Congress and President Franklin Delano Roosevelt unConstitutionally abrogated the use of gold for the payment of public and private debts while simultaneously bailing out the Federal Reserve and forever enslaving the American people to its inflationary economic policy.

The Federal Reserve Act of 1913 set up the Federal Reserve System to supervise the economy that had become highly elastic, and thereby easily manipulated, in the years following the United States’ industrial revolution. Next came “The Roaring 20s” a period marked by easy credit and economic expansion fueled by the Fed’s ability to print money at will. By 1933 the Keynesian-fueled boom had already caused the stock market crash of 1929 and Americans’ faith in their economy was lost.

Roosevelt’s answer to the economic problem brought on by the Keynesian carelessness of the era’s economic policymakers was to put ultimate control into the hands of those who had created the problem in the first place: The Federal Reserve. Fearing a gold-run and knowing that neither the U.S. Treasury nor the Federal Reserve had the gold to back the notes that had been issued, Roosevelt signed the Gold Standard Act on June 5, 1933. For the first time the Fed was in control of how much fiat money it was able to produce without short-term consequence. This also gave Roosevelt the ability to kick off his New Deal programs which would require billions in deficit spending by the Federal government.

While anyone is free to agree with this blog post, here is the author:
Sam Rolley



Who am I?


I am student of Wallace State and a work-study in the communications and marketing department. I plan to major in either English or a Public Relations field because I love to use the English language to communicate ideas.

[Daniel75]

While anyone is free to agree with this blog post, here is the author:
Sam Rolley



Who am I?


I am student of Wallace State and a work-study in the communications and marketing department. I plan to major in either English or a Public Relations field because I love to use the English language to communicate ideas.

Are you saying he doesn't know his *** from a hole in the ground?

[M-2]

Are you saying he doesn't know his *** from a hole in the ground?

Absolutely not.
He might be an economic savant.

[Mastro]

Mastro. There is no fun in a back button!!!!

True Ragin. It's the same reason for the OP in the first place - "fun filled and lively discussions often ensue".

That being said, the Mayans did say that the world is ending on 12/21/2012 anyhow so this discussion is moot I guess, right???

[Daniel75]

Absolutely not.
He might be an economic savant.

And just where is Wallace State? Nothing in his background looked familiar.....

[M-2]

And just where is Wallace State? Nothing in his background looked familiar.....

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

Young Mr. Rolley now writes for the blogsite Personal Liberty Digest in Cullman, Alabama, which is 9 miles from Hanceville the home of Wallace State Community College. He also writes for The Bob Livingston Letter (who manages the Personal Liberty Digest as well), to which one can subscribe for only $39 per annum

[trophy8]

Absolutely not.
He might be an economic savant.

Yeah.... And you support Obama too.... NEXT!!

[M-2]

Yeah.... And you support Obama too.... NEXT!!

What I SUPPORT is the rest of the story. I want to know who writes what, and what their credentials are. You don't?

[Coach W]

Hey Matt leave M-2 alone.

Her googling skills are second to none.. And I think she has Snopes on speed dial...
Lol.. Y'all carry on. I have ammo cans to fill! Any body got some 300 win mag ammo they want to get rid of?

[froghunter]

Me an' Sparkey are ready.

if sparky was truly ready he would have chopper blades for feet.

[M-2]

Hey Matt leave M-2 alone.

Her googling skills are second to none.. And I think she has Snopes on speed dial...
Lol.. Y'all carry on. I have ammo cans to fill! Any body got some 300 win mag ammo they want to get rid of?

Well, I do have Snopes (and Factcheck.org) in my Bookmarks.
But until I started browsing TBH, I never had a need to reference them very often.
Ammo manufacturers are probably PAYING people to write doom and gloom articles, lol. And they probably ARE supporting BHO, lol. He's been the best thing for their business EVAH.

[trophy8]

Well, I do have Snopes (and Factcheck.org) in my Bookmarks.
But until I started browsing TBH, I never had a need to reference them very often.
Ammo manufacturers are probably PAYING people to write doom and gloom articles, lol. And they probably ARE supporting BHO, lol. He's been the best thing for their business EVAH.

Lmao. Support the big dumb O? Wow. Was that on google? I seriously doubt any gun related company supports that idiot. EVAH....



What one supports is 75% of the story. If you support someone your more likely to believe and follow what they write.

Like was shown in this thread.... This Pal guy, folks don't support or believe in him. So they discredit what he says.

[El Coyote]

Lmao. Support the big dumb O? Wow. Was that on google? I seriously don't any gun related company supports that idiot. EVAH.....

???

[jerp]

Because of what I do for a living I have been following this stuff daily since 1985. The gloom and doom, "catastrophe is right around the corner" guys have always been around, and they can usually make a compelling case - even though they've mostly been wrong. Of course they may be right this time, but then again, maybe not. (how's that for a strong opinion?) I will say that I've never seen a time when there are more structural (as opposed to cyclical) flaws in the system, worldwide. Investment wise, I prefer to err on the side of caution. If the worst case catastrophic scenarios that the scare mongers are predicting come to pass, there will be nowhere to hide and we are all screwed anyway.

[trophy8]

???

Not sure where you got lost there....



Edit. Supposed to read doubt not don't. My bad. Dumb phone