Skip to comments.The end of America as we know it
Posted on 11/17/2009 6:56:21 PM PST by FromLori
Unlike some of my fundamentalist Christian friends, I dont think Obama is the Antichrist. But I have theorized that Obama is a puppet President and someone else is pulling the strings that are leading to the end of our way of life as we know it. A sinister plot is being implemented to destroy our economy and put us under the thumb of a tyrannical economic and political system. I have spent some time looking into eschatology, which is the study of end-times prophecy. Although the books of Revelation and much of Daniel are allegorical, anyone who reads them cant help but be a little disconcerted by the images they contain. Several passages in both books point toward the future formation of a new world government and economic system. In order for that to happen, Americas capitalistic system must be dismantled and the U.S. Constitution abandoned. I believe that is happening right now. Alan Caruba is the writer of Warning Signs, one of my favorite web sites which I read daily. A prolific writer, his insights often provide inspiration for the op-eds that appear on my pages. Mr. Caruba takes a scientific approach and draws on his many years as a reporter to dig up information that many of us are unable to find. I recommend that every one of my readers put his site in their favorites and visit it daily. Here is the link to Warning Signs. One of Mr. Carubas recent blogs reinforces my thinking that a plot is afoot to fundamentally change America and destroy our freedoms. He generously gave me permission to reprint the column in its entirety: A Man-Made Financial Disaster by Alan Caruba
You will recall that, shortly before the end of the 2008 political campaign, the White House announced a threat to the entire financial system and called on Congress to enact emergency spending powers. The Emergency Economic Stabilization Act of 2008 was enacted on October 3, 2008.
Just eighteen days earlier an event occurred that slid under the radar screen of virtually the entire mainstream media. On Thursday, September 15, 2008, at approximately 11 A.M., the Federal Reserve noticed a tremendous draw down of money market accounts in the nation, amounting to $550 billion dollars. It occurred within an hour or two. The money was removed electronically.
It has never been made public which accounts were affected, nor where the withdrawn funds were sent. If we knew those facts, we would know who launched an attack on the United States that has been more devastating than any in our history.
Had the Federal Reserve not closed down the accounts involved it is estimated that by 2 P.M. $5.5 trillion would have been withdrawn and the entire economy of the nation would have collapsed. It would have been followed within a day with the collapse of the worlds economy.
What followed was the sub-prime mortgage loan debacle that can be traced to the governments intervention into the housing loan marketplace via Fannie Mae and Freddie Mac. They ended up owning fifty percent of all the loans.
Americans were using home ownership as a credit card and government policies were mandating the issuance of bad loans in the name of social justice. Home ownership became a right, not an aspiration.
Throughout the 1990s, as communities revalued homes, increasing their alleged worth in order to impose higher property taxes, it was only a matter of time before a financial collapse became a reality. Virtually every State was spending beyond its means and increasing property taxes was the preferred choice to make up the difference.
That collapse, however, was initiated by unknown persons at precisely the time Americans were preparing to select a new president. That was not a coincidence.
In the October edition of Budget & Tax News, a publication of The Heartland Institute, a non-profit, free market think tank, there was an article by Sandra Fabry, the government affairs manager for Americans for Tax Reform and executive director of the Center for Fiscal accountability, a project of the organization. The article was titled 61% of National Income Goes to Government.
Americans this year had to toil until August 12 to pay for federal, state, and local governments, according to the annual Cost of Government Day report by the Americans for Tax Reform Foundation and Center for Fiscal Accountability.
In 2009, the government will consume a whopping 61.34 percent of national income.
The redistribution of income has reached a point in which 30.36 percent of the money Americans earn is consumed by federal spending. State governments take their percentage as well in income, sales, and other forms of taxation.
It means that Americans worked for 111 days of the year just to pay for the costs of the federal government and federal spending has reached a record 28.5 percent of GDP.
With the passage by the House of the governments attempted takeover of the nations healthcare system and the up-coming cap-and-trade bill, a massive tax on energy use, there is no telling how many more government spending programs, huge redistribution schemes, Americans will be obliged to pay for.
The Obama administration swiftly embarked on an unprecedented spending spree, bailing out General Motors and Chrysler, in effect owning AIG, the insurance giant, and giving funds to various banks to stimulate loans, i.e. credit, that Americans and their business enterprises depend upon to function.
Peter Schiff, CEO of Euro-Pacific Capital, has long argued that the problems of the American economy were created by excess credit and debt, and that a massive infusion of credit and debt into the economy only exacerbates the problem. He is right.
The stimulus has not worked and the billions still unspent by the program should be returned to the American treasury. Taxes should be cut in order to allow Americans to save or spend their own money. Contracts with civil service and teachers union should be renegotiated. A vast regulatory revision to remove obstacles to economic growth should be implemented.
Meanwhile the governments official figures say 10.2 million Americans are out of work, but the actual figure is estimated to be closer to 17 million or more. Nothing is being done to facilitate hiring with tax credits and reduced taxation of small businesses, nor are the highest corporate taxes in the world being reduced to encourage domestic investment and growth.
And our present difficulties began on September 15, 2008 in a calculated attack that got Barack Obama elected and was immediately followed by all the subsequent efforts to grow the federal government ever larger to make more Americans dependent upon it. The Obama administration has increased the national debt more than all previous presidencies combined.
There is a determined effort under way to undermine the free market capitalist system that made America the greatest economic and military power in the world. Both the White House and the Democrat-controlled Congress are parties to it, but the identities of those who launched that September attack remain hidden. Thank you Alan Caruba. Your web site is an exceptional source of important information for all Americans.
George Soros, with his minions Axelrod and Rahm.
This guy is right on in his analysis. We need to know about that 550 billion dollar withdrawals...it will lead to who is behind the destruction of America and is obama’s puppet master.
I nominate Soros to be the AntiChrist. He fits the bill totally.
No doubt someone is pulling his strings. Maybe there really is a “shadow” government.
We also have to remember that McCain and most of the other republicans voted for the first stimulus bull (bill).
Fundamentalists do NOT think Obama is the antiChrist....
New World Order the socialists have been trying to gain totalitarian control for years Mises warned of this
I knew there was a draw on money market accounts but this is news to me, what exactly happened here?
The stock market started it's decline in Sepember 2007 because Bernake was forced to raise interest rates (that was the real trigger.) . The collapse was inevitable as one can tell if they read that article closely . The speculation on what triggered it at that exact moment is pointless. In a way it was just as well, killing off McCain's chances. That talk is sore loser talk that will never catch on.
Best to focus on Democrats disaster from day one, January 2009. Can never rewrite history.
Soros is definitely an enemy of the free world.
“I dont think Obama is the Antichrist”
I don’t think he is either, but they might be good buds.
“From day one I’ve been saying that Obama is a puppet for somebody. He is too stupid to be anything but a front. I don’t know who the Mother Company is but must be big and world wide. “
You took the words out of my mouth.
Obozo has zero credentials, from birth certificate to college days to his senate record. Zip, zero, nada.
Even his two books were written by Bill Ayers, the famous terrorist.
How was America dumbed down to this pathetic level?
This is the first time that I feel great to be 65, and not
I would hate to face what I think the future of the USA
is looking like.
I am listening to Celente as I type this.
We absolutely need to know the full details of what happened on this day. It cannot be kept secret as this incident led directly to further events that involved the use of massive amounts of taxpayer funds. Witholding this information should be considered an act of treason and dealt with accordingly.
Actually, this story is factually incorrect.
The 550 billion drawdon that happened as noted was thursday, sept. 15, 2008.
Sept 15, 2008 was actually a monday. Thursday, was SEPTEMBER 11!!!
Maybe not, but he is on a first name basis with him!
Long before he started attacking the U.S., Soros was meddling in Eastern Europe.
Some of us Orthodox Christians have dubbed him “The Forerunner of Antichrist”. (We call St. John the Baptist “The Forerunner”.)
Well, remember that the Anti-Christ is loved by almost all...
So, maybe Obama is the forerunner to him - he certainly seems to be setting the stage. Soros - way too ugly and hated by way too many to be promoted...heh. Obama is just setting us up for the one world government to come...
These guys are ALL acolytes ~ but some of them don't understand the big words very well.
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