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SO SAY THE BANKERS: Learn to Love the 'AMERO'

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The Amero is already being discussed in policy think tanks and in the ivory towers of Wall Street and London.

The Amero would be the last straw for the Republic, and will see our sovereignty in the trash can. It sure sounds like a bad idea, and as we all have seen (and learned?) over the last 8 years, the only way to pass a bad idea on to the public is to keep the hysteria at a fever pitch.

Coming to a ATM machine near you.

“Authoritarian Capitalism”

If we allow European privately owned banks to control our money system, then we will allow this same narrow interest to control almost every aspect of our lives.

We are entering a phase which can be described only as “Authoritarian Capitalism”, where private Central Bankers, cloaked in secrecy, can privatize profit and socialize laws, amounting to a form of neo-feudalism, or if you like, Fascism on steroids.

 A prime example is the recent banker bail-out bill that was pushed through under a State of Emergency. No longer an equal branch of government, under any State of Emergency, Congress only possesses 'vestigial' power, a rather weak shadow of its former self. And that's exactly where we are today(we have been under Executive Order for years now). Both Executive and Congressional approval rating dipped to all-time lows at about 15% in major polls this summer, so it seems that the American people(although mostly unaware of what’s going on) are not at all happy with the way things are being run. And the Bail Out has given us a Treasury Department who have no oversight or accountability. That can't be good. 

This is the very reason why our forefathers, the framers of the Constitution, designed it in such a way that it restricts the scope and size of the federal government.  This concept of “checks and balances” is the foundation of our modern nation and must be protected by the electorate if it is to succeed as a Constitutional Republic. Any moves away from this are illegal, unconstitutional and a threat to the true sovereignty of the United States.  

One Solution is Sound Money 

In order to maintain our status as a sovereign Constitutional Republic, the solution to the extreme economic problems we are going to experience in the next few years can only be to end the charter of the US Federal Reserve Bank, move the US on to sound money and take our currency supply back. There is no other way out. But until that day comes, it makes sense to secure your own wealth.  

Ask yourself, in a volatile housing, stock or money market, if you were to sell your precious metals positions, where would you place the money? Housing? The Dow Jones? The Bond Market? Precious metals do not promise instant riches, but in the event of hyper-inflation, you are certain to hold your position- or in other words, preserve your wealth. Gold and silver are no exception here. For the last 5,000 years precious metals have held where paper has failed, and metals have not stopped increasing in value.  

Unlike the reigning superclass of Wall Street, America’s families don’t have a golden parachute to fall back on. Public and private pension funds and employees’ private retirement savings accounts—like 401(k)’s—have lost some 20 percent overall since mid-2007 by anyone's estimate. Private retirement plans may have suffered slightly more because those holdings are more heavily skewed toward stocks. Once suffocating consumers begin to switch off Monday Night Football and wake up to an inflation crisis and the looting of their 401K’s, gold and silver will probably skyrocket. With that, every Tom, Dick and Harry will make precious metals ‘the thing to have’ until gold hits $2000 per ounce and silver hit $50 per ounce. Initial forecasts say that the early birds will benefit in this scenario. Already, US dealers are no longer selling gold at melt and are short on gold coin supplies and are ordering from Europe. 

It’s a monetary equation- as the dollar drops in value, oil goes up in price. When oil rises rapidly, the cost of business goes up- cars will become more expensive, milk will go up, commodities go up and so on.

Name of the game: protect yourself. 

Turning the Tide by Getting Informed

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Patrick Henningsen is managing editor of 21st Century Wire online journal. He is a writer and communications consultant for the hi-tech, entertainment, charity and government/political sectors in Europe and the US. When it comes to political (more...)
 
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