The Golden Truth: Orwell Is Smiling...

Thursday, February 25, 2010

Orwell Is Smiling...

It seems like the more the U.S. media and financial reporting ramps up the rhetoric on the dire situation in Greece/Europe, the closer California steps toward bankruptcy. I don't care what anyone says, if California collapses - or even if Obama is instructed by his handlers to give California the $20 billion it needs - the consequences for the U.S. dollar and the global economy are much worse than if the PIIGS hit the wall. From Zerohedge.com yesterday: California One Step Closer To Insolvency After State Cancels $2 Billion General Obligation Bond Sale Failed bond auction

Also lost in the shuffle is that fact that Goldman Sachs broke laws in helping Greece fraudulently hide some of its debt; AIG is on obligor on who knows how much in Greek Govt debt Credit Default Swaps; AND Bernanke had that evasive, timid, "I'm lyin' my ass off" look in his eyes when Ron Paul inquired as to whether or not the Fed was going to pitch in on the bailout of Greece. If you connect GS and AIG with the fact that the Fed is legally permitted to buy foreign debt under the Monetary Control Act of 1980 with U.S. dollars, it would seem obvious what is going on here.

It's a shame that most Americans either have no clue about what's going on because they are too busy watching "Reality TV," or the ones that do bother to follow the superficial U.S. media will not believe the Golden Truth unless they hear it from Katie Couric or read it in their local garbage rag (i.e. NY Times, WashPost, Denver Post, etc). No wonder Orwell's Smile just erupted into a full-blown belly laugh...

5 comments:

AnonymousThursday, 25 February, 2010
I think once the sheep finally open their eyes, it will be far too late.
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Dave in DenverThursday, 25 February, 2010
You mean Bernanke, Geithner, Summers and Robert Rubin will have already dismounted from humping them in the ass?
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JoeThursday, 25 February, 2010
Dave,

The irony of the situation is that once people like us do get to the truth, we find ourselves isolated from the mass populace.

We break one barrier only to find another one in place. The propaganda machine responsible for this has been running full speed since 1915.

The system will have to collapse before the masses wake up. Problem is, they will wake from a dream only to find out the real nightmare has begun.

Joe M.

Joe M.
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Dave in DenverThursday, 25 February, 2010
Completely agree Joe. I told anyone willing to listen starting 7 years ago that the PTB would hold the system up until they've swept every crumb of middle class wealth off the table and into their own pockets. As it stands now, most middle class only have their IRA left and we know Obama is working on confiscating those with the retarded annuity program being discussed.

Middle Class = everyone below the top .5% of wealth.
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hopiumThursday, 25 February, 2010
Yup, I found eyes 7 years ago also, and have been a net buyer of Glod and Silber ever since.

Extra $100 lying around I buy metals.

The clock tics, and like the rest I tried to warn those in my inner circle, some have caught on, the others sheep along or give thee old " I don't pay attention to that stuff "

Hopium
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Why Gold?

Gold is the world's oldest currency. You exchange your fiat currency (dollars, euros, yen, yuan) into gold as an insurance policy against catastrophic Central Bank and Government policies which serve to destroy the value of fiat currencies and destroy democracy.

Gold can ONLY be considered an investment to the extent that it remains significantly and historically undervalued in relation to the fiat currencies against which its value is measured. Otherwise it remains the world's oldest currency and is completely free from the counterparty risk associated with currency by Government fiat (i.e. fiat currencies rely on a Government's "full faith and credit.")

Quote Of The Month Courtesy of "Jesse"

Unfortunately for Larry Summers, Ben Bernanke, and their friends at the BIS, they have not yet figured out how to print physical gold, silver, and other essential commodities, and the world is reaching the point where it might simply start ignoring the New York based markets with respect to essential commodities such as basic materials, oil, foodstuffs, and the like, as they become increasingly irrelevant, fraudulent, and Orwellian. And then where will the financial engineers be, except with no more excuses and no place to hide?

Here is the link to his entire commentary, well worth a read:

http://jessescrossroadscafe.blogspot.com/2010/07/gold-daily-chart-shock-and-awe-for.html

Great Quote From Jim Rogers On Govt CPI Reporting

JR: I mean, we have inflation now. If you go to the shop, whether it’s groceries, or education or insurance or health care, prices are going up for everything. The government lies about it in the US. Some countries lie, many countries don’t: Australia, China, India and Norway. Many countries don’t lie about it and acknowledge that we have inflation. Others lie about it, the UK and the US, but if you go shopping you know prices are up.

Q: Are you saying that the American Consumer Price Index (CPI) published by the US Bureau of Labor Statistics is a lie?

JR: In my opinion, yes, of course it is. Have you looked at it? They’ve changed their accounting several times in the past few decades. When housing was 20% to 25% of the CPI and housing was going up, they didn’t count it, saying rents weren’t going up, and then when home prices started going down, they counted it. It’s the same with many things. It’s staggering some of the tortuous reasoning that the BLS has used over the past 25 or 30 years. When the price of gasoline goes up, they say it’s not really going up because it’s better gasoline, better quality, therefore you’re getting more for your money. I mean, it’s endless, the stuff that they say and for some reason people sit there, although more and more people are catching on, and accept what the government says.

source: www.clusterstock.com

Quote of the Week

"The primary function of a Central Bank is to engage in the massive transfer of wealth from the middle class to the wealthy elite. The Federal Reserve was set up to do this with the blessing and support of Congress." - Dave in Denver

If you refuse to believe the above, please read "The Creature From Jekyll Island: A Second Look at the Federal Reserve" by G. Edward Griffin and then explain to me why the Senate voted down the Vitter Amendment and Congress refuses to pass a law requiring a full audit of the Fed, even though the Fed is using taxpayer-backed money to bailout Wall Street and Europe.