By Mike Adams
Oct 8, 2008, 22:40
The Federal Reserve is Waging Economic Warfare Against the US
Ron: If you think that Naomi Wolf is exaggerating when sounding the alarm about the final implementation of a coup against the US Constitution and the Murikan people going into effect on 1 October 2008 you need to realise the true effects of the rampant hyperinflation being instituted by the Federal Reserve and the US Treasury. Hyper inflation favours those who GET the new bazzillions of dollars FIRST and impoverishes everyone else. The central purpose of martial law is to control the pauperised Murikan masses once they see their wages, savings and assets becoming worthless. I suggest readers consider and understand the following information and then TALK about it to anyone who will listen. The following video is a must see for those who do not understand the banking cum money situation.
* US Economy Collapsing (short VID). Remember that US GDP (gross domestic product - the value of all goods and services produced in a year ) was less than 14 $Trillion last year. IF the Federal Reserve and the US government are conspiring to create more than a trillion dollars in new money each week, flooding those funds into banks, businesses and insurance companies, it is not hard to see that the effect of this process will swamp the existing domestic economy and money supply within a few months. http://www.youtube.com/watch?v=4dpJL6ANnV0
Remember also that identical Central Bank and fractional reserve banking processes are in place in the UK, EU, Canada, Australia and virtually everywhere else in the world and that THE SAME inflationary money creation processes are being ramped up in virtually ALL countries although not to the same extent save in the UK at this stage. These ridiculously damaging processes are being touted by the mass media everywhere as being beneficial and necessary to SAVE national and global economies but they are not! They carry the seeds of economic destruction just as the Zionist bankers' explosive expansion of the Reichsbank money supply in 1919-22 did in Germany. This global financial crisis is not just a leverage problem it is a solvency problem and it cannot be solved by creating ever-more trillions of dollars out of thin air without any productivity or valuable assets to back them.
Mike Adams explains the situation in the US.
'Is the Federal Reserve Engaged in Acts of Economic Warfare Against America? - Wednesday, October 08, 2008 by: Mike Adams
NaturalNews) In 1942, German intelligence officers rounded up skilled Jewish prisoners and launched Operation Bernhardt, a clever scheme designed to counterfeit hundreds of millions of dollars worth of British Pounds and destroy the British economy by flooding it with counterfeit money. Located in the Sachsenhausen concentration camp, Operation Bernhardt was, even by modern standards, a runaway success that resulted in the creation of forged bank notes worth 132 million British Pounds.
This "economic warfare" operation resulted in a devastating economic effect on the British economy. You can read the true history of this operation here: http://en.wikipedia.org/wiki/Operation_Bernhard
It is important to note that Operation Bernhardt was an act of war, specifically pursued for the purpose of destroying Britain's economy by creating so much new money that the value of the money already in circulation would plummet. This was considered a strategic attack, just as effective as carpet-bombing tank factories or mowing down soldiers on the field with German-made MG42 machine guns.
What does all this have to do with the Federal Reserve?
Today, the Federal Reserve is engaged in an eerily similar operation, counterfeiting trillions of dollars in U.S. bank notes and flooding the U.S. money supply with money created from nothing. The result, of course, is the same as was intended by Operation Bernhardt in 1942: The economic destruction of the target nation. Only this time, the target is the United States of America.
Hilariously, the Fed claims it's doing this to save the economy. Yet the laws of economics tell us that flooding the money supply with trillions of dollars in new money actually harms the economy. And the Fed has been hard at work causing this harm: $250+ billion two weeks ago, $600+ billion last week and $900 billion earlier this week! It's beginning to crank up the printing presses to the tune of a trillion dollars a week, and by doing so, it's contributing to the destruction of the U.S. economy at a pace the Third Reich could have barely imagined.
Has the Fed declared war on the working class?
If the actions pursued by the Federal Reserve were being masterminded by Al-Qaeda, they would be denounced as acts of war. In World War II, such actions were deliberate acts of war. Targeting the economy for destruction by flooding the money supply with counterfeit currency is, by any measure, a threat to any nation.
So why is the Federal Reserve engaged in actions that, if committed by other nations, would warrant a military response? This is not an idle question. I'm not asking this in a satirical way. I'm quite serious about this: Why is the Fed committing acts of economic warfare against the United States of America? (The Fed, by the way, is a private company. It is not, as you've been led to believe, part of the U.S. government.)
The answer is obvious. You've probably already figured it out: The Federal Reserve is at war with America. It's an economic war, of course, not a bombs-and-bullets war. The casualties, though, are just as real: Savings accounts, retirement funds, bank accounts, jobs, businesses, pensions and much more.
By counterfeiting trillions of dollars like a Sachsenhausen operation on steroids, the Fed is carpet-bombing the U.S. economy with an unprecedented flood of fiat currency, causing the exact same economic destruction intended by the Nazis in World War II (but on a much more devastating scale). And it's doing this as part of a new economic war.
Class warfare has begun
What war? The war between the wealthy elite and the working class. The Fed is working hard, of course, to protect the wealthy elite. Over a trillion dollars of taxpayer money has already been earmarked to bail out the rich, elite bankers who lost other people's money in a series of idiotic bets on fictitious financial instruments.
And what are these bankers doing with this taxpayer money? According to an Associated Press report published yesterday, executives of the failed insurance company AIG were sent on a $440,000 retreat "to a posh California resort" less than one week after the U.S. government bailed them out. At the spa, AIG executives enjoyed spa treatments, massages, organic food buffets and bodywork therapy, all while the American taxpayers footing the bill were slaving away in real jobs, doing real work. Want to see the invoice for yourself? View it here:
http://www.naturalnews.com/images/AIG-i-invoice.gif
That's how this new class warfare is taking shape: YOU (the working class) get all the debt, all the losses, and all the financial burden. THEY (the wealthy elite) get all the profits, all the luxury spa treatments, all the tax breaks and billions of dollars in free money from the Federal Reserve.
In the 1942 Operation Bernhardt, the Germans literally planned to load hundreds of millions of dollars in British Pound bank notes and air-drop them over London. The resulting chaos, it was believed, would shut down the British economy, halting the flow of money needed by Britain to fund its war effort. In the United States today, the Fed is taking a different approach: Air-dropping trillions of dollars into the laps and bank accounts of wealthy bankers and financial institution CEOs, concentrating the massive creation of fiat currency into the hands of less than 1% of the population.
And just to make sure the economic carpet-bombing is a complete success, the Federal Reserve and U.S. government are conspiring to create more than a trillion dollars in new money each week, then flood those funds into banks, businesses and insurance companies. This will, of course, devastate the value of the dollars being saved, held or earned by the wage slaves who labor their lives away under this economic regime. (That would be you and me.)
It's a brilliant plan... if you're interested in destroying a nation. This kind of attack would bring almost any nation to its knees. It's an act of war that requires no violence, no bombs and no destruction of real infrastructure. And yet it achieves what every war in history has ever sought to achieve: The transfer of power from the hands of the many to the hands of the few.
The Federal Reserve, in effect, has become a modern-day economic Third Reich, and it has set its sights on the U.S. economy.
Acts of economic terrorism?
The Federal Reserve is now doing to the U.S. what the terrorists could never have accomplished: The destruction of a large portion of its economy, its currency and the savings of its people.
The economic losses of 9/11 pale in comparison to the financial destruction that has been unleashed onto America by the Federal Reserve.
Yet, amazingly, it wasn't "terrorists" who put this plan into place. Who was it, exactly? Your Congressional representatives played an important role in allowing this to happen. In a grand, historical betrayal of the American people, members of your own U.S. House of Representatives and Senate voted to initiate a massive economic coup in America, violating the wishes of 99% of the American people (who are aligned against bailing out the rich on the backs of the poor).
Of course, to hear them explain it, their actions are meant to save the taxpayers. Yep, that's their plan: To save YOU, the taxpayer, by confiscating your money and handing it over to the wealthy elite. And whatever money can't be stolen from the taxpayers will be counterfeited by the Fed's money-creation machine.
The Real Agenda: A Massive Transfer of Wealth
We are not watching an economic rescue, friends. We are watching an economic coup. Creating and dumping trillions of dollars into the money supply is an act of war. But it's a war with a specific purpose.
What's happening right now is that the United States is being taken over by King Henry and his accomplices. More than fifty percent of the housing and nearly twenty percent of the entire U.S. economy is now controlled by one person -- Henry Paulson -- and that person answers to no one. He isn't elected, he can't be removed from office, and he's subject to no law.
King Henry controls unlimited funds. He can print any amount of money, or confiscate any amount from the taxpayers (by spending taxpayer dollars to bail out his rich friends). If the Federal Reserve is the new Third Reich, King Henry is its Hitler.
The economic war has already been lost by the People. It was lost on September 30, 2008, when Congress surrendered the U.S. economy to King Henry. The People now own nothing but paper money and ephemeral digital account numbers, all of which could be turned into worthless digits overnight by a single decision from King Henry.
In this economic bailout and the Fed's unlimited creation of new money, America has suffered the greatest act of economic warfare in our nation's history. Note carefully that it wasn't conducted by the Nazis, Saddam Hussein or Al Qaeda. It was, in fact, put into place by 172 Democrats and 91 Republicans in the House, and a similar majority in the U.S. Senate. (See the complete list below.)
So what can YOU do right now?
A system of exchange is not dependent on the dollar alone. Commerce will survive the collapse of one currency. Trade will go on after this economic chaos passes, and businesses will continue to be an important part of our economic future.
People will still need food, clothing, nutritional supplements, fuel, services, computers, tutoring, services, pet products, children's products, cars, MP3 players and much more. The end of the U.S. dollar is NOT the end of the world. It is simply the end of one empire...
In my view, the best way to financial survive this economic warfare being conducted by the Federal Reserve against the People is to create your own economic abundance by owning (or launching) your own independent income sources.
In fact, I've written an entire report on how to accomplish this. It's called How to Build Your Financial Safety Net. Due to this economic crisis, I've decided to release it at no charge, and it's available right now at: http://www.naturalnews.com/report_financial_safety_net_0.html
[Ron: I note that i have not read this report and hence i do not endorse it.]
Read it if you want to be empowered, informed and insulated from the demise of the dollar. Using the strategies you'll find in that report, you can drastically limit your losses in this economic carpet-bombing of the U.S. economy. In fact, I believe you can emerge with greater wealth than you had when it all started.
You probably won't be getting paid in dollars, however. Expect a new currency to be the future system of exchange in America. But building reliable income streams now is a smart way to survive the coming economic implosion that will put corporations, governments and non-profits out of business. (If you work for a paycheck, your paycheck may be in danger right now.)
What's Really Radical
By the way, do you think this article is radical? Some people have told me that my reporting on the economic situation is "radical." You know what I told them?
I said imagine two households. One household balances its budget, spends only what it brings home in income and has no debt. The other household spends twice as much as it earns. It owes $50,000 on credit cards and borrows money from loan sharks to meet the minimum payments on its credit cards.
Which household is "radical?"
Now consider this: The second household sneaks into the first household and steals money to pay its own debts. On top of that, it has a counterfeit cash printing machine in the basement, and it's cranking out thousands of dollars a week just to attempt to pay off its credit cards. It's immune to the law because it buys off the local police for criminal immunity.
Which household is headed towards financial disaster? Which household has a real future, and which one doesn't?
That second house, of course, is the United States government. My reporting on the U.S. financial situation is downright tame compared to what's really going on behind the scenes. I can't get radical enough to accurately describe the degree of deception and outright theft that's taking place in Washington right now.
History will show that not only were my warnings accurate, they were understated by a wide margin. Reporting the truth is a delicate thing. People can only stomach so much truth at any one time. Few people can handle the whole truth, which is why I usually refrain from reporting it. There are things stated in this article that only hint at much bigger stories that will someday be told by others.
Only the most open-minded, skeptical thinkers can even mentally consider the real truth of what's happening in our world today. Most people have been brainwashed into living in a fictional world, and they are unable to even consider truths that threaten their grip on reality.
As a result, the public has to be led by the hand from one realization to the next, little by little, until they attain the ability to see the world as it really is rather than the illusion that has been constructed for them by the very people running this financial scam.'
Video: How Money Creation Actually Works
Check out this video to see how the Fed (and the fractional reserve banking system) creates money out of nothing:
http://www.naturalnews.com/News_000340_fractional-reserve_banking_Federal_Reserve_money_supply.html
Found at: http://www.naturalnews.com/024427.html
