Most Popular Choices
Share on Facebook 86 Printer Friendly Page More Sharing Summarizing
Exclusive to OpEd News:
OpEdNews Op Eds    H2'ed 12/28/10
  

Is an economic collapse being prepared? If so, for whose benefit?

By       (Page 4 of 7 pages) Become a premium member to see this article and all articles as one long page.   26 comments

Richard Clark
Follow Me on Twitter     Message Richard Clark
Become a Fan
  (108 fans)

Barack Obama received far more in corporate campaign donations (including donations from BP and Exxon) than McCain did. Obama has consistently surrounded himself with banksters and corporate lobbyists, including various hobgoblins from the bowels of Goldman Sachs. BOTH major parties are owned and operated by global banks. This is the cold hard and undeniable truth of our current political-economic system. There is no way around it. Learn it, accept it as reality, and stop trying to blame one party or the other for problems that both sides helped create! (If you cannot do this, your view of our current state of affairs will always be badly skewed and your insights on our socioeconomic problems will be worthless.)

Since the inception of the Federal Reserve in 1913, all markets and even our own currency have become more and more vulnerable to manipulation by our bankster elite. We have lived our entire lives in a rigged market, not the "free market" we've been brainwashed into believing in. To blame capitalism for our current dire circumstances is not only naà ¯ve, it is dangerous.

Narrow minded response #3: Global banks would never engineer the collapse of the U.S. economy or the dollar -- it makes them too much money"

This often-heard song and dance ties in with the #2 comment above. Again, here, the assumption is that the globalists only do what they do out of an "uncontrollable greed for money." The problem with this is twofold:

1) the end concern for the Elite is NOT the accumulation of riches. Central bankers have the ability to PRINT all the money they want from thin air! Remember, the Federal Reserve has never been subjected to a full audit, meaning they could easily create billions if not trillions without any oversight whatsoever. Greed for money, to them, is surely an absurd notion. What they do want, more than anything else, however, is power over people, institutions and society as a whole. Essentially they want control over every living human being. All other concerns are secondary.

2) the U.S. economy is NOT indispensable to global banks. While we see the economy as an extension of our culture and ourselves, the Elites see financial systems as mere tools in the pursuit of a greater goal: World Government. To better understand this, imagine you are building a house. Once your saw has fulfilled its intended role of cutting up all the boards, do you cling to the saw, or do you throw it aside and pick up a hammer to begin assembling the carefully prepared parts? This is how globalists look at financial systems. They are perfectly willing to cast off the U.S. economy like a snake shedding skin -- if it brings them closer to attaining their ultimate aim.

The same goes for the dollar. The Greenback may be the premier world reserve currency right now, but that can, and likely will, change very quickly over the next couple years. The dollar is a device that has outlived its usefulness as far as global bankers are concerned. The IMF has on several occasions made it clear that they eventually intend for the SDR (Special Drawing Rights) to replace the dollar as the world reserve currency, and they have openly admitted that it (the SDR) will one day be established as a global currency. IMF press releases make this development sound far off and away, but SDR accumulations by countries around the world have risen dramatically in the past year. This along with other factors we will cover (namely China's preparations to dump their U.S. T-bond holdings) show that IMF actions indicate they are preparing for a collapse of the dollar now!

Narrow minded response #4: China would never dump U.S. Treasuries because it would hurt them as much as it hurts us"

The theory that China is somehow fused to the U.S. in a kind of symbiotic seesaw relationship that can never be broken is so ingrained among mainstream American financial analysts it simply will not die, regardless of how much contradictory evidence you show them. It really is like a mental disease which causes mainstream media pundits to go into involuntary Tourettic convulsions every time you mention the words "Treasury bond dump."

Next Page  1  |  2  |  3  |  4  |  5  |  6  |  7

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Must Read 13   Supported 7   Valuable 6  
Rate It | View Ratings

Richard Clark Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Several years after receiving my M.A. in social science (interdisciplinary studies) I was an instructor at S.F. State University for a year, but then went back to designing automated machinery, and then tech writing, in Silicon Valley. I've (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter

Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Was Pat Tillman Murdered by an American Sharpshooter to Shut Him up?

New JFK assassination bombshells

Two U.S. presidents implicated by ex-CIA black-ops assassin

The cholesterol - heart disease scam: How the medical-industrial complex is raking in billions at our expense

Four Ticking Time Bombs That Will Soon Ignite a Revolution

The Ultimate Goal of the Bankster-led Political-economic Warfare Being Waged Against Us Is . . . ?

To View Comments or Join the Conversation:

Tell A Friend