When taking in the BIG picture of our economy... there are many things that stick out in my mind.

1.  Vincente Fox stating 'we will be begging for the amero'

http://www.texemarrs.com/112007/vicen...

2.  The Fed stopped providing our government with the M3 report (we now have NO idea how much $$ they are printing and flooding the market with...at interest)

http://www.financialsense.com/editori...

3.  Almost a 60% increase in foreclosures reported

http://money.cnn.com/2008/02/26/real_...

4.  Food prices, gas prices rising, rising, rising

http://seattletimes.nwsource.com/html...

5. Feds have cut rates....over and over and over again

http://www.nytimes.com/2008/01/30/bus...

Yet - our leaders...who have lied repeatedly about the war, the SPP, the NAU, ignored immigration, ignore the people - tell us... 'things are fine!"

http://www.msnbc.msn.com/id/22298219/

Even main stream media is reporting a Great Depression coming.... 

http://www.youtube.com/watch?v=dR7h8NBQU3E

Does anyone remember the economic question Ron Paul asked McCain during the Jan. debate?  The question McCain stumbled on and never even answered..yet, he basically rattled off 'advisors' that are in fact - part of the very group Ron Paul mentioned who CONTROL the markets--- in secret?

http://www.youtube.com/watch?v=rJ1OB2...

And, Nickjr, let's not forget Ron Paul sending a stinging diatribe at an uncomfortable Ben Bernancke in Congress.  Ron Paul has researched this and when he is allowed to speak, tell it as it is really happening.  Have you read Peter Schiff's book "Crash Proof, How to Profit from the Coming Economic Collapse"? He spells it out point by point, going back to the beginning of Alan Greenspan's reign. It is chilling what is happening now and it is only just beginning.

---

Jani said: And, Nickjr, let's not forget Ron Paul sending a stinging diatribe at an uncomfortable Ben Bernancke in Congress.  Ron Paul has researched this and when he is allowed to speak, tell it as it is really happening.  Have you read Peter Schiff's book "Crash Proof, How to Profit from the Coming Economic Collapse"? He spells it out point by point, going back to the beginning of Alan Greenspan's reign. It is chilling what is happening now and it is only just beginning.

 

Thanks Jani - you're right.  Ron Paul has been preaching this for years...and his predictions have all come to fruition.   We are headed for some dark days...Hope everyone starts preparing for the future.  I've already transferred all my stocks Peter Schiff's Euro Pacific firm... and changed to foreign stock and gold/silver.

 

Don't know if foreign stock is the answer nickjr, but I don't think you can lose in gold/silver..... 

---

Rayj00 said:

 

Don't know if foreign stock is the answer nickjr, but I don't think you can lose in gold/silver.....

 

Everything I invested in - is in Euros. The Euro is holding it's value. Even Bernanke recommends this currency. Pathetic.

nickjr said:

When taking in the BIG picture of our economy... there are many things that stick out in my mind.

1.  Vincente Fox stating 'we will be begging for the amero'

http://www.texemarrs.com/112007/vicen...

2.  The Fed stopped providing our government with the M3 report (we now have NO idea how much $$ they are printing and flooding the market with...at interest)

http://www.financialsense.com/editori...

3.  Almost a 60% increase in foreclosures reported

http://money.cnn.com/2008/02/26/real_...

4.  Food prices, gas prices rising, rising, rising

http://seattletimes.nwsource.com/html...

5. Feds have cut rates....over and over and over again

http://www.nytimes.com/2008/01/30/bus...

Yet - our leaders...who have lied repeatedly about the war, the SPP, the NAU, ignored immigration, ignore the people - tell us... 'things are fine!"

http://www.msnbc.msn.com/id/22298219/

Even main stream media is reporting a Great Depression coming.... 

http://www.youtube.com/watch?v=dR7h8NBQU3E

Does anyone remember the economic question Ron Paul asked McCain during the Jan. debate?  The question McCain stumbled on and never even answered..yet, he basically rattled off 'advisors' that are in fact - part of the very group Ron Paul mentioned who CONTROL the markets--- in secret?

http://www.youtube.com/watch?v=rJ1OB2...

 

Yes, a new great depression could happen if we continue down this current energy and globalization path, together with trillion dollar deficits and billion dollar trade inbalances.

Maybe a lot of people would find out they can do without many things they think they must have now.

Maybe we have to hit bottom before we can push ourselves back up.

I am not nearly as worried about a depression as I am losing the sovereignty of this Republic.

 

 

---

I think a great new depression is exactly what the globalists want out of this country.  They have robbed us of our wealth and troops and now they want to see us loose our Constitution because we are the only real threat to their impending global government.  A depression would subdue this country and keep the average person from acting against the attempts they are making at folding us into a NA Union.  

 I also think that if we give in and accept the Amero when they try to implement it we might as well give up on our country.  When the Amero is announced,  that is when we must take action and protect the Constitution of the United States of America.  All traitors to the USA and our Constitution must be tried for treason.  The worshipers of money that have infiltrated our government and private sector must be brought to justice.

---

That is their plan, Jim.

http://www.globalresearch.ca/index.php?context=va&aid=6382

---

We should just surrender to the Chinese. Our money is really worth nothing. We make nothing and import nearly everything. It is a bleak future when we will have to go to China to buy bullets and tanks to fight them. Even your forthcomming tax rebate is nothing more than a loan from China via them buying your future with U.S. Savings Bonds. We have to look long and hard to find people dumber than the average American and a government more poorly directed than the US Gov.

MsBobbie, that "Connecting the Dots" article is a good one. I sent it to my address book.  I have long since "connected the dots" and am seeing more and more of an insurmountable problem ahead.

---

Hey--

we elected the people who make these decisions, so we must assume the blame.

 I am moving to China and opening a take-out American food restaurant.

Vive le revolucion!!!!!

nickjr said:  ...Everything I invested in - is in Euros.  ...

Are you aware that ALL currencies on the planet are fiat?

---

Employers, Employers... said:

nickjr said:  ...Everything I invested in - is in Euros.  ...

Are you aware that ALL currencies on the planet are fiat?

 

Yes, I'm aware...however, it's the only currency holding it's value right NOW.  I'm sure once the Amero is in circulation - the future SINGLE world currency will then kill the Euro, too.

 

nickjr said:  ...I'm aware (all currencies are fiat)...however, it's the only currency holding it's value right NOW.  I'm sure once the Amero is in circulation - the future SINGLE world currency will then kill the Euro, too.

How about a little math problem?  If the Euro is 100 times more valuable than the Dollar, how valuable would it be if:

100 tmes (value Dollar = 0) = what?

---

Employers, Employers... said:

nickjr said:  ...Everything I invested in - is in Euros.  ...

Are you aware that ALL currencies on the planet are fiat?

 

Excellent Point!  Gold is not an investment, but it is worth putting some of your money into gold.  Your rainy day fund should definitely be in gold.  Gold rises with respect to the dollar, but so does everything else as a direct result of inflation.  Good businesses and some property will increase in real value (ie. with respect to gold) and that is where your money will make money.  But it is risky.  There is virtually no risk in holding gold.  Owning other currencies makes you vulnerable to the whims of the banking industry and various governments.  The American dollar is and has been inflated continuously since the creation of the Fed.  The only thing that changes is the rate of inflation.  You'll have more luck in Vegas than betting on currencies without some kind of disciplined strategy. 

---

You're right feedfwd.  Owning any currency, stock etc - makes you vunerable to the powers that be.  Investing in gold/silver is relatively constant. 

Question:  Where is all the gold/silver the US govt USED to back their currency with?   

 The US govt, media, business, banking, and oil have all been hijacked by the money masters controlling it all...monopolizing everything into one neat compact little untouchable package.

Yes, and this won't help.  But it will surpass the First Great Depression because people don't have the morales they did then, generally speaking.

Oil Reaches Record High

NEW YORK -- The surging price of oil reached another milestone Monday, jumping to an inflation adjusted record high of $103.95.

The weaker dollar that has propelled oil and other commodities prices higher sent light, sweet crude for April delivery past $103.76 a barrel on the New York Mercantile Exchange. That's the level many analysts consider to be the true record high for oil, after its $38 barrel price from 1980 is translated into 2008 dollars.

Futures later retreated from that high to settle up 61 cents at $102.45 after Royal Dutch Shell PLC said it would resume oil shipments from Nigeria that had been disrupted by rebel attacks.

Oil's most recent run into record territory has been driven by the greenback's slump against other world currencies. Crude futures offer a hedge against a falling dollar, and oil futures bought and sold in dollars are more attractive to foreign investors when the dollar is falling.

Gold, copper and wheat are among the other commodities that have rallied as the dollar has fallen.

"It's coming down to another commodity price rally," said Phil Flynn, an analyst at Alaron Trading Corp., in Chicago.

The dollar has been weighed down by concerns about the U.S. economy and the Federal Reserve's interest rate cutting campaign. Lower interest rates tend to weaken the dollar, which fell Monday to a new low of $1.5275 against the euro.

The struggling dollar has prompted a wave of speculative buying by oil investors seeking a safe haven from the ongoing volatility of the stock market. Such speculation can become self-perpetuating, driving prices higher and attracting even more speculators.

Many analysts believe oil prices aren't justified by crude's underlying supply and demand fundamentals, and are due to fall at some point. While supply disruptions in Nigeria and the prospect of supply cutoffs from Iraq and Venezuela helped boost oil prices last year, domestic oil inventories are now rising even as a number of forecasters are cutting their demand growth predictions due to the slowing economy.

Late in Monday's session Shell said it would resume oil shipments from two of its Nigerian facilities that had been suspended under a declaration of force majeure, in which a company says it can't meet contractual delivery obligations due to events beyond its control, Dow Jones Newswires reported. It was unclear how much oil the facilities will pump. The news fed some of the late pullback in oil.

Investors are keeping an eye on OPEC, which meets Wednesday to consider production levels. Most expect the Organization of Petroleum Exporting Countries to hold output steady.

"Unless there's a surprise ... I think it's a non-factor at this time," said Linda Rafield, senior oil analyst at Platts, the energy research arm of McGraw-Hill Cos., of OPEC's impact on trading Monday.

As for where oil goes from here, analyst estimates vary widely, with some predicting an eventual decline to the $65 or $70 range as supplies continue to grow and demand falls, and others seeing oil rising as high as $120 as investment capital continues to flow into oil markets from overseas.

For its part, the Energy Department's Energy Information Administration's latest prediction is that oil will average $86 a barrel in 2008, up 19 percent from 2007, when oil averaged $72 a barrel.

Surging oil prices are boosting prices at the pump. The average price of a gallon of gas stood at $3.165 Monday, according to AAA and the Oil Price Information Service. That's down 0.1 cent overnight, but up nearly 70 cents from a year ago. The Energy Department expects gas prices to peak near $3.40 this spring, well above May's record of $3.227, but some analysts predict prices could rise to nearly $4 a gallon.

Diesel prices, used to transport the vast majority of the nation's goods, are also surging. Diesel prices hit another new record of $3.674 a gallon Monday.

In other Nymex trading, April heating oil futures rose 3.39 cents to settle at $2.8408 a gallon, and April gasoline futures rose 0.21 cent to settle at $2.672 a gallon

---

(CM) theSuperPatriot said:

Yes, and this won't help.  But it will surpass the First Great Depression because people don't have the morales they did then, generally speaking.

 

You are right SuperPatriot.  Nor, do they have the KNOW HOW to take care of themselves either.  The current generation will be at a loss.  It will be survival of the fittest.

Yes nickjr you are so correct and the First Depression didn't have the enemies eager to kill Americans like the illegals, the radMoslims and a whole bunch of mad people who just want to get even and kill.  They will take what they want and farms, stores and government storehouse will be emptied.  Then what?

---