(NaturalNews) As the United States of America stands on the verge of irrecoverable bankruptcy, U.S. Senators have decided to orchestrate a final "blowout" spending spree by dressing up the financial bailout plan with so much bloated pork that no lawmaker can resist its lure.
The so-called "rescue plan" (renamed from "bailout plan" by Washington language police) has now ballooned into a 450-page overstuffed pork sandwich, featuring layer upon layer of outlandish expenditures tied to the bill like too must ballast on a sinking ship:
• Tax breaks for NASCAR race tracks • Big handouts to Virgin Island rum makers • Yet more tax breaks for Hollywood film producers • Gifts to companies researching wool • Huge tax breaks for companies like Microsoft and GE
… and many other handouts yet to be discovered in its 450 pages of pork.
What began as a financial bailout bill to save the future of America's economy has become a free-for-all financial blowout that will only accelerate its demise. What's astonishing here is that even on the verge of financial collapse, Washington lawmakers are incapable of coming to their senses. They offer the same solution to every problem: Spend more!
"This is how Washington works,'' said Keith Ashdown, chief investigator at Taxpayers for Common Sense. "A big pot of pork is their recipe for final passage."
A big pot of pork
A big pot of pork, unfortunately, is exactly what Washington doesn't need right now. With the jackals of hyperinflation already nipping at their heels, Washington policymakers need to be slashing spending with great expediency. To restore confidence to the U.S. dollar and prevent a cascading sell-off of U.S. debt by foreign nations (which would lead to the abrupt ruin of the U.S. government), lawmakers need to be reeling in wasteful spending, balancing their books and opposing the kind of free-for-all blowout spending practices that got us into this position in the first place.
Wasn't it a Bohemian financial policy of unbridled spending and endless debt that brought us to the precipice of global financial collapse in the first place? And yet, standing right on the edge of the cliff, with nothing but nothing but disaster beneath them and the sand eroding from under their feet, all these Senators can think of is how to spend more money!
It's like a heroin addict who decides to get clean, and then suggests the best way to accomplish that is to start shooting up. "I'll get clean," he promises you, "right after this next hit."
An Empire of Debt: $488 billion more for war
U.S. lawmakers are addicted to spending in the worst way. Just like heroin addicts, they will get their fix at all costs, regardless of the harm caused to their family, friends or countrymen. They will spend away all the money in the world, mindlessly, recklessly, without a second thought, as long as it keeps them in office for just one more term. Just one more hit…
Last night, the U.S. Senate quietly passed a $600+ billion spending bill, which earmarked $448 billion in Pentagon funds (war money). This was all done under the cover of the much larger $700 billion financial bailout bill, which managed to keep people distracted from the $448 military spending bill.
Earlier this week, the Federal Reserve quietly, and without any vote, magically created another $620 billion in money and flooded it into the banking system. There was no debate. No vote. No public announcement at all. Just endless, silent money creation at every turn, seemingly conducted without any awareness or concern of the consequences.
And there was certainly no warning of how this would erode the savings accounts and retirement funds of taxpayers. In fact, nothing resembling the truth ever makes it out of Washington these days. This $700 billion pork-barreled bailout scheme is being sold to the American people as a taxpayer benefit! The government is doing us all a favor, didn't you know? And we should feel so fortunate that they're doing it with our money, too.
The Government vs. the People
It's often said that the first casualty of war is the truth. Right now, the U.S. Government is in a financial war, and amid all the propaganda, deception and manipulations of the mainstream media, there's simply no room for something as big as "the truth."
But what is the truth, really?
The truth is that you're watching the boldest, most outrageous swindle that's ever been conducted in the history of the world.
The truth is that you're a witness to the last, sad chapter of a military empire that's fast headed towards financial self-destruction.
The truth is that U.S. debt spending has now entered an escalating geometric progression from which no nation has ever returned in one piece.
Two weeks ago, it was a few hundred billion dollars in fake money and debt spending. This week, it's been nearly a trillion dollars already. Next week, it may be another trillion. With each passing week, the crooks in Washington will tack on another trillion dollars (or more) to the national debt, like heaving two-ton cars onto the back of a cripple who can barely walk to begin with.
It took the United States of America 230 years to accumulate roughly $5 trillion in debt. Washington has now doubled that in less than 30 days. We now stand at $9.8 trillion in national debt.
With the passage of this financial bailout bill, we will be facing — at minimum — $10.5 trillion in debt. And just to make sure we're properly drowned in it, Senators are throwing out tens of billions of dollars more to companies that made really bad financial decisions, like Ford Motors, which is one of the recipients in a $25 billion automaker bailout just announced yesterday.
And don't forget this juicy fact: These financial bailouts aren't limited to U.S. companies, either! If the bailout bill passed, Treasury Secretary Paulson will have full authority to dish out hundreds of billions of dollars to bail out FOREIGN banks, too!
$10 trillion in debt quickly becomes $12 trillion. Then $15 trillion, then $25 trillion. At some point, it all becomes too absurd to track, because there is no nation in the world that will keep pumping useless dollars down the U.S. government financial tar pit. And that means the U.S. will soon run out of willing lenders, just like the heroin addict who can't get any more "emergency" loans to go out and buy more drugs.
Even though I know most consumers simply cannot fathom what's about to happen to them (and their money), I cannot overemphasize this point: The United States government is now on a track to financial annihilation. You are witnessing its suicide march into debtors' demise. Sure, it may be able to string itself along for a while longer, perhaps by terrorizing other nations and extorting money from them to prop up the empire (read the history of the Roman Empire, folks), but in the end, there is no way out of $10 trillion in debt other than to either declare bankruptcy (at which point nobody will loan you money anymore) or hyperinflate the currency to bail yourself out (at which point the currency becomes worthless and the taxpayers are wiped out).
Take a guess which one your esteemed leaders in Washington are pushing for? It's the hyperinflation, of course. Because in the end, they'd much rather lose YOUR money than THEIR power.
I think even the Senators secretly realize this now. Behind closed doors, they know the game's up. This blowout spending spree is their last, desperate chance to bring home a few hundred million dollars to their home states before the federal government becomes completely insolvent. It's really a financial looting of Washington, and the vultures have moved in now in an attempt to scurry away with all the scraps of U.S. dollars they can carry.
Either way, the U.S. dollar is headed towards rapid devaluation. International investors are either laughing their heads off or shaking them in disbelief, wondering what kind of madness has gripped U.S. lawmakers today, and whether their own nations will be safe from the aftershocks of U.S. fiscal failures.
What to expect in the days ahead
The financial bailout bill will be approved by Congress, then signed by the President. For the subsequent 24 hours or so, the stock market will surge upwards as part of a false rally based on the passage of the bailout bill. During this surge, gold will plummet in value, along with gold mining stocks and other precious metals companies.
After the false high in the markets, investors will come to their senses, and we'll see the beginning of a long, slow decline in the value of stocks, coupled with an accelerating inflation of the U.S. dollar (which will sap spending power from those holding dollars in savings or retirement accounts). The price inflation of real goods (food, fuel, etc.) will rise at an alarming pace over the next two years, dampening economic activity.
The early months of 2009 will see a wave of post-Christmas bankruptcies by retailers who suffered a terrible Christmas season. (When consumers can't take unlimited cash out of their homes like they were ATM machines, they tend to spend less on Christmas gifts.)
For more analysis of what's coming in 2009, join my Mindful Wealth Email List: http://www.naturalnews.com/MindfulWealt…
In any case, the economic outlook of the United States of America won't be pretty. Burdened with endless debt, unbridled spending and a cascading implosion of financial institutions, the U.S. is almost certain to endure, at the very least, many hard years of a bona-fide economic depression coupled with runaway currency inflation. That's actually a best-case scenario. I won't describe the worst-case scenario because it makes people uncomfortable to even fathom such possibilities.
This is what the banking bailout measure will deliver: A decade (or more) of economic struggle, an erosion of the value of the U.S. dollar, and the decline of America as an economic superpower in the world.
The beginning of the end of the American Empire is now upon us. From here, it's simply a matter of how long its demise can be stalled, and how broke the People will end up before Washington legislators spend every last dollar they can scrounge up and ferret away.
When the music stops, don't be the one left holding U.S. dollars.
U.S. researchers have determined that overeating makes the brain go haywire, which could lead to diabetes, heart disease, and many other problems.
Eating too much food activates a typically dormant immune system pathway in the brain. This process sends out immune cells to attack and destroy invaders that are not there, according to Dongsheng Cai of the University of Wisconsin-Madison.
The findings were published in the journal Cell. The research could help explain why obesity causes so many different diseases.
"This pathway is usually present but inactive in the brain," Cai said.
Obesity is a growing problem worldwide with 1.8 billion people estimated to be overweight or obese in 2007.
Cai's team studied mice, and tried to explain previous studies that have shown that obesity causes chronic inflammation throughout the body.
Inflammation is found in a range of diseases related to obesity, including heart disease and diabetes.
Researchers focused on a compound known as IKKbeta/NK-kappaB.
Cai's team found the compound in the hypothalamus, a part of the brain linked with both metabolism in mice and humans.
They wrote, "The hypothalamus is the 'headquarters' for regulating energy.”
When researchers fed mice a high-fat diet, it became extremely active.
The body ignored signals from leptin when the body was active. Leptin is a hormone that normally helps regulate appetite, and insulin, which helps convert food into energy.
Stimulating IKKbeta/NK-kappaB made the mice eat more, while suppressing it made them eat less.
Cai said the research points a master switch for the diseases caused by overeating.
"Hypothalamic IKKb/NF-kB could underlie the entire family of modern diseases induced by overnutrition and obesity," his team said.
Cai does not know why this compound is in the brain and in the immune system.
Scientists hypothesize it evolved long ago in primitive animals that do not have the same sophisticated immune system as modern animals, including mice and humans.
"Presumably it played some role to guide the immune defense," Cai said. "In today's society, this pathway is mobilized by a different environmental challenge – over nutrition."
"Knocking out" the gene using genetic engineering kept mice eating normally and prevented obesity.
Cai say this cannot be done in people but instead believes a drug, or even gene therapy, might work.
Gene therapy means a virus is used to carry corrective DNA into the body, but the approach is still highly experimental.
The possibly Apocalyptic economic crisis that America now faces has not happened simply by chance. We have been brought to this precipice by the careful and cunning calculation of evil men whose goal is to destroy America and bring her to economic collapse so that we can then be integrated into the one world government spoken of in Bible prophesy.
The end result of this usury money system has been forecast by astute men almost since the birth of this Nation. The battle against ‘central banks’ owned by a private international banking cartel was a battle being waged prior to and immediately after America declared and won her independence. This was more the trigger to the American Revolution than was “taxation without representation”, but these facts have been carefully edited out of American history books.
These money changers and manipulators had already controlled the economies and hence the governments of Europe, in part or ‘in toto’ for several hundred years. They were not inclined to permit the building of a new nation with the natural resources of America without having their greedy fingers in the pie.
They had worked at perfecting their ‘craft’ and consolidating their power in Europe since the Middle Ages when they had gained great wealth via their control of the northern “silk road” trade routes going from the Orient to Europe north of the Caspian and Black Seas. Over time they became the primary gold and silver merchants of Europe, subsequently establishing the earliest banking cartels in Europe, loaning money to both sides of most European conflicts since the Middle Ages. Through this practice of not publicly taking sides, but funding both sides, they were able to have their fingers in both sides of this proverbial pie and eventually gained enough monetary influence to even instigate wars for their own personal gain.
By the time of world-wide European explorations, this criminal enterprise and its various branches had become the banking system of Europe. They were not only masters of money and economics, but of political intrigue and infiltration, usually knowing more about what was about to happen in a nation before that nation’s people knew. They have been successful because their vision and planning transcends time and location. I believe that this is only possible if there is a controlling intellect whose lifespan also transcends time and space. The evidence is clear that this criminal syndicate is none other than the economic system that we are warned about in the Bible, where no man will be able to buy or sell without ‘the mark’ of this system and its’ master “the beast”.
After the founding of the American Republic, it took over 100 years before these banking gangsters (banksters) finally bought off enough Congressmen to get the Federal Reserve Act of 1913 passed. Although they already had much influence in America prior to that time because of the shear volume of their wealth, they had not yet consolidated their power until this Act passed in 1913. Since that time the fate of our nation has been sealed by the greed of politicians and the blindness of the American People, especially the Christian Church, who had 2000 years and more of warning, but heeded it not. What we are observing now simply may be the death of the American Republic. May God help us; it is now in His hands.
Please take time to watch this video. When it is over, you will understand more than the average person does about how and why our Nation is on the verge of economic collapse.
Money As Debt
In the central Bank, Jackson found a concrete focus for all his fears of aristocratic subversion—fears he shared with many citizens. “I was aware that the Bank question would be disapproved by all the sordid, and interested, who prised self interest more than the perpetuity of our liberty, and the blessings of a free republican government,” he confided shortly after the annual message. “This monied aristocracy” was everywhere at work, buying up voters and lawmakers and “silencing opposition, by its corrupting influence, & preparing for a renewal of its charter, which I viewed as the death blow to our liberty.”
The recipient of this disclosure was none other than James Alexander Hamilton, son of the late Treasury secretary and himself a federal district attorney and Jackson confidant. Hamilton had helped craft the passage opposing recharter in the annual message. Now, at Jackson's prompting, he prepared a detailed critique, arraying objections to the Bank under two heads. The Bank was unconstitutional, because Congress had no power to charter corporations and withdraw them from the regulatory and taxing power of the states. (This was the Jeffersonian position, which the Supreme Court under Chief Justice John Marshall had rejected in the landmark case of McCulloch v. Maryland in 1819.) The Bank was also dangerous to liberty, because its concentrated power gave it a “fearful influence” over citizens' lives and an unchecked sway over government, inviting corruption and oppression.
Jackson copied Hamilton's headings into his private memorandum book. Over the next two years, he recopied and reworked his bill of particulars, always under the same two heads: The Bank was unconstitutional, and it was dangerous to liberty. [He could not have been more right.] Meanwhile, the question of re-charter simmered. In his 1830 and 1831 annual messages, Jackson reiterated his opposition to the Bank. He proposed in its stead a wholly government institution—in name a bank, but in effect an arm of the Treasury, without power to make loans, acquire property, or issue notes.
In 1832, President Jackson vetoed the move to renew the charter of the 'Bank of the United States' (a central bank controlled by the international bankers). In 1836 the bank went out of business.
The Bank of the United States (1816-36), an early attempt at an American central bank, was abolished by President Andrew Jackson, who believed that it threatened the nation.
He wrote:
"The bold effort the present bank had made to control the government, the distress it had produced…are but premonitions of the fate that awaits the American people should they be deluded into a perpetuation of this institution or the establishment of another like it."
Andrew Jackson had at least two attempts made on his life. So proud and intent on warning the future generations was he that his tombstone is inscribed with the phrase "I killed the bank!"
It came back.
The Federal Reserve Act was passed in December 1913; ostensibly to stabilize the economy and prevent further panics, but as Congressman Charles Lindberg Sr. warned Congress:
"This act establishes the most gigantic trust on earth…the invisible government by the money power, proven to exist by the Money Trust investigation, will be legalized."
Even as early as 1916 President Woodrow Wilson was saying:
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world–no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small amount of dominant men."
No more stinging condemnation of a concept can be given than by the man who, convinced it was for the good, championed it in the first place!
“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banners openly against the city. But the traitor moves among those within the gates freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears no traitor; he speaks in the accents familiar to his victims, and he wears their face and their garments, and he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation; he works secretly and unknown in the night to undermine the pillars of a city; he infects the body politic so that it can no longer resist”. — Marcus Cicero, speaking to Caesar, Crassus, Pompey and the Roman Senate.
“The blunt reality is that the Rothschild banking dynasty in Europe was the dominant force, both financially and politically, in the formation of the Bank of the United States [The Federal Reserve System].” — G. Edward Griffin, The Creature from Jekyll Island, American Opinion Publishing, p. 331.
“Over the years since Nathan Mayer Rothschild, the Manchester textile manufacturer, had bought cotton from the Southern states, The Rothschilds had developed heavy American commitments. Nathan… had made loans to various states of the Union, had been, for a time, the official European banker for the U.S. government and was a pledged supporter of the Bank of the United States.” — Derek Wilson, Rothschild: The Wealth and Power of a Dynasty, Charles Scribner’s Sons, p. 178.
“The Rothschilds long had a powerful influence in dictating American financial laws. The law records show that they were the power in the old Bank of the United States.” — Gustavus Myers, History of the Great American Fortunes, Random House, p. 556.
Mayer Rothschild said: “Let me issue and control a nation’s money and I care not who writes the laws….”
Thomas Jefferson has this to say about the central bank.
“A private central bank issuing the public currency is a greater menace to the liberties of the people than a standing army… We must not let our rulers load us with perpetual debt.” — Ibid. p. 329.
Jefferson also wrote:
"The [privately-owned] Central Bank is an institution of the most deadly hostility existing against the principles and form of our Constitution… if the American people allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered."
“President Andrew Jackson had earned the undying hatred of monetary scientists, both in America and abroad. It is not surprising, therefore, that on January 30, 1835, an assassination attempt was made against him. Miraculously, both pistols of the assailant misfired, and Jackson was spared by a quirk of fate. It was the first such attempt to be made against the life of a President of the United States. The would-be assassin was Richard Lawrence who either was truly insane or who pretended to be insane to escape harsh punishment. At any rate, Lawrence was found not guilty due to insanity. Later, he boasted to friends that he had been in touch with powerful people in Europe who had promised to protect him from punishment should he be caught.” — Ibid. p. 357.
Even Abraham Lincoln shared Jefferson's view of the private bankers. In order to finance the Civil War, he approached the New York bankers to see about getting a loan for the North. The interest rates they proposed were in the order of 30%. Lincoln's response was akin to; "stuff it." He then had Congress live up to its Constitutional responsibility for issuing and valuing currency and issued his famous greenbacks. Incredibly, like so many of us, even to the heights of power, Lincoln didn't know at first that he had the OPTION, let alone the probably-intended OBLIGATION to create money for the nation. With the civil war ending, he had come to the conclusion that his government issued currency should become the basis of the re-United States monetary system. Within a matter of weeks he was shot in the Ford theatre with his monetary system dying with him.
President John F. Kennedy
By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is ordered as follows:
SECTION 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended –
(a) By adding at the end of paragraph 1 thereof the following subparagraph (j):
"(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended (31 U.S.C. 821 (b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption," and
(b) By revoking subparagraphs (b) and (c) of paragraph 2 thereof.
SEC. 2. The amendment made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.
In 1963, President John Kennedy wanted an end to the Federal Reserve System, which had a strangle-hold on the United States and virtually the world. By a simple stroke of the pen, President Kennedy dismissed the Federal Reserve System and ordered the U.S. government to restore its Constitutional-mandate of controlling the money. President Kennedy was dead three weeks later. When President Lyndon Johnson took office, he immediately rescinded Kennedy's order and the Federal Reserve won another round.
Representative Charles A. Lindberg, Sr., the father of the famous aviator, was a member of the Banking and Currency Committee. He opposed the Federal Reserve Act and gave a speech on January 20, 1915. "The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money, and in the interest of the stockholders and those allied with them." Representative Louis T. McFadden, chairman of the Housing Banking and Currency Committee, stated on June 10,1932, "Some people think the Federal Reserve Banks are United States Government institutions. They are not Government institutions. They are private credit monopolies that prey upon the people of the United States for the benefit of themselves and their foreign and domestic swindlers; and rich and predatory money lenders."
Foreign Bankers Own Majority of the Federal Reserve
More that half the shareholdings in the Federal Reserve Bank arc controlled by large New York City banks, including National City Bank, National Bank of Commerce, First National Bank, Chase National Bank, and Marine National Bank. When Rockefeller's National City Bank merged with J.P. Morgan's First National Bank in 1955, the Rockefeller group owned 22 percent of the shares of the Federal Reserve Bank of New York, which in turn holds the majority of shares in the Federal Reserve System – 53 percent. But who really owns what? Here are the primary stockholders of the Federal Reserve Bank:
1. Rothchild banks of London and Berlin.
2. Lazard Brothers Banks of Paris.
3. Israel Moses Seif Banks of Italy.
4. Warburg Bank of Hamburg and Amsterdam.
5. Lehman Brothers Bank of New York.
6. Kuhn, Loeb bank of New York.
7. Chase Manhattan Bank of New York, which controls all of the other 11 Federal Reserve Banks.
8. Goldman, Sachs Bank of New York.
This ownership combination has been challenged by the Federal Reserve Bank, but a study of Standards and Poors will verify the ownerships. This means that the controlling interest of our national monetary system is foreign. In 1797, John Adams wrote to Thomas Jefferson, "All the perplexities, confusion and distress in America arise, not from defects of the Constitution or Confederation; not from any want of honor or virtue, as much as downright ignorance of the nature of coin, credit and circulation." In simple terms, the United States Government borrows money from the Federal Reserve Bank with interest. Here is how it works: The Government wants $1 billion. The Federal Reserve prints $1 billion – based upon no hard asset – and lends it to the Government at a high interest rate. The bank did not have the original money, it created it and made a bookkeeping entry – like you writing yourself a check without funds and cashing it. The Federal Reserve controls the flow of money, making it tight and creating unemployment or printing more than actually exists and creates inflation. It is, in essence, a paper corporation, which controls the entire economic well-being of the nation.
Conclusion
No Congress, no President has been strong enough to stand up to the foreign-controlled Federal Reserve Bank. Yet there is a catch – one that President Kennedy recognized before he was slain – the original deal in 1913 creating the Federal Reserve Bank had a simple back out clause. The investors loaned the United States Government $1 billion. And the back out clause allows the United States to buy out the system for that $1 billion. If the Federal Reserve Bank were demolished and the Congress of the United States took control of the currency, as required in the Constitution, the National Debt would virtually end overnight, and the need for more taxes and even the income tax, itself. Thomas Jefferson was concise in his early warning to the American nation, "If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered."
