The Golden Truth: Our System Gets More Unbelievable By The Week

Sunday, June 5, 2011

Our System Gets More Unbelievable By The Week

Someone explain this one to me: The comatose Attorney General, Eric Holder - yes, the guy who drafted the tax-dodging Marc Rich pardon papers for Clinton to sign as he was walking out of the Oval Office for the last time, has decided that it's okay to look the other way while Wall Street rips off our country and Taxpayers for $100's of billions, but John Edwards needs to be prosecuted and completely humiliated on the front pages of every newspaper for misappropriating a little campaign money. I don't get it. Aren't Holder and Edwards supposed to be Democrat brothers from different mothers? I feel like this White House and Administration are from a different planet than the one that elected it into power. Any questions on who is running the country? (hint: bankers)

Quite frankly, I would like to have all of the records on Eric Holder opened up and published in every newspaper. Let's see what that political zombie's background looks like...

5 comments:

European AmericanSunday, 05 June, 2011
Off subject here, but...

Once was a "U2" devotee. Music was beyond good; transcending and ethereal. But now, I can't stomach them...well...him. Not that I won't listen to their music now, but I just can't; it doesn't work for me anymore. It's been tainted and leaves a residue. "Name and Form". "He's" been possessed by the other side, imho. He's morphed into that collective which entraps by fueling the Ego on raw, inorganic selfishness and greed.

Maybe this isn't off subject after all?

http://www.dailymail.co.uk/news/article-1394422/Saint-Bono-facing-huge-Glastonbury-protest--avoiding-tax.html
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EconomicDisconnectSunday, 05 June, 2011
Selective law enforcement is a huge peeve of mine.
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AnonymousSunday, 05 June, 2011
Re: Bono: he made a fortune off of the sale of Skype. Bet he avoids taxes on that windfall too...

(Dave)
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BillMonday, 06 June, 2011
Its all a distraction for the Sheeple Dave. Americans love a good distraction as do the politicians its helps keep their minds off of their dwindling 401K's. The only crime here is the born and bred dopes keep voting the same crop of criminals back in office and the one we hiring to police the criminals are in fact the criminals themselves. Nothing too see here, move along.
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mabmanMonday, 06 June, 2011
http://market-ticker.org/akcs-www?post=187537

For those of you who did not watch yesterday’s monetary policy hearing in the house of representatives, you most likely missed this bombshell exchange between Federal Reserve lawyer Scott Alvarez and committee chairman Dr. Ron Paul. My jaw literally dropped when I heard the Fed’s general counsel declare that the Federal Reserve owns no gold. After 1934, Alvarez explains that the Fed handed its gold over to the Treasury in exchange for gold certificates. When pressed further, Alvarez noted that the gold certificates do not represent any interest whatsoever in the gold itself. He explained the gold certificate listings on the Fed balance sheet, not as a claim to gold, but at most a claim to dollars from the Treasury. See the quotes here (and watch the videos at the bottom of the post):
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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.