Posted on 11/09/2010 8:19:37 AM PST by eak3
Another financial expert is expressing his deep disgust with the Federal Reserves decision to print more money and buy more U.S. debt, saying it is a sign that the U.S. capitalist system is moving closer to collapse.
This is the type of stuff we accused the communist and socialist governments of doinginterfering in free markets through currency manipulation, declared Zubi Diamond, author of The Wizards of Wall Street. What the Fed is doing is not good for free market capitalism and it is not good for America.
(Excerpt) Read more at aim.org ...
Time magazine has characterized financier George Soros as a “modern-day Robin Hood,” who robs from the rich to give to the poor countries of eastern Europe and Russia. It claimed that Soros makes huge financial gains by speculating against western central banks, in order to use his profits to help the emerging post-communist economies of eastern Europe and former Soviet Union, to assist them to create what he calls an “Open Society.” The Time statement is entirely accurate in the first part, and entirely inaccurate in the second. He robs from rich western countries, and uses his profits to rob even more savagely from the East, under the cloak of “philanthropy.” His goal is to loot wherever and however he can. Soros has been called the master manipulator of “hit-and-run capitalism.
http://www.questionsquestions.net/docs04/engdahl-soros.html
China Downgrades United States Credit
Snippet..
Tuesday, November 09, 2010 10:08:03 AM
(CH) Chinese rating agency Dagong Global Credit downgrades US credit rating due to QE program (update) - Chinese press
- Cut long term US sovereign rating one notch to A+ from AA, with a negative outlook.
- “The serious defects in the U.S. economy will lead to long-term recession and fundamentally lower the national solvency. The credit crisis is far from over in the United States and the U.S. economy will be in a long-term recession.” Weaker dollar will hurt US ability to attract dollar capital reflow. “In essence, the U.S. government’s move to devalue the dollar indicates its solvency is on the brink of collapse”
More http://market-ticker.org/akcs-www?post=171703
www.watchglennbeck.com
Has he focused as much on Maurice Strong? He and Soros seem to be two peas in a pod.
Please, Drunken Politicians
What the Fed is doing is not good for free market capitalism and it is not good for America..\
...and anyone with half a brain knows it, so why the Hell are they planning, much less being allowed to do it?
Remaining comments self censored.
They are too cautious, I’d be close to declaring US bonds “junk status”.
What do you think that’d do?
Okay, obviously if I declared them junk, nobody would care... but you get the idea.
It would be a real shame if that man had an ‘accident’....yep, a real shame......
LOL thanks.
Thanks.
We have a military to protect us from our enemies both foreign and domestic. But what do you do when the attack is a financial attack and funding a radical to be POTUS of this magnitude?
Here is how the battle lines are shaping up:
On the side of evil: Soros for shorting the dollar and profiting from US financial collapse. Bernanke for putting in place the quantitative easing policy which is destroying the dollar and wreaking havoc.
On the side of good: Glenn Beck for exposing Soros on FNC constantly. Ron Paul for exposing the Fed on CNBC yesterday. And now, on her white horse galloping to the rescue, Sarah Palin for leading the political charge against QE2 as well as Michelle Bachmann. Go get em!
The reason for that obviously is they want to try and get out with some of the money that have loaned to us and if they just outright declared us junk (which we are) they hurt them selves Commies may be Evil but they aren’t totally stupid.
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A China credit rating agency has downgraded US credit rating saying we are on the verge of collapse.
The serious defects in the U.S. economy will lead to long-term recession and fundamentally lower the national solvency. The credit crisis is far from over in the United States and the U.S. economy will be in a long-term recession. Weaker dollar will hurt US ability to attract dollar capital reflow. In essence, the U.S. governments move to devalue the dollar indicates its solvency is on the brink of collapse
Isn’t it odd that no one in the government investigated which organization or individual precipitated the financial panic that hit just before the 2008 election?
Recall that Paulson and Bernanke went to George Bush telling him that someone or some organization was making moves against the US in foreign markets and that a meltdown was imminent unless they got their TARP money approved almost instantaneously?
I don’t remember the details but supposedly it was a huge demand on liquidity or something similar that came out of nowhere and threatened to crash the system.
At the time it sounded as if it was an engineered event to influence the election. Subsequent revelations by Paulson and Bernanke that they were lying to President Bush and Congress about their intended use of TARP money raises even more suspicions.
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