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Re: PegnVA post# 6364

Friday, 03/04/2011 4:05:07 PM

Friday, March 04, 2011 4:05:07 PM

Post# of 6557
PegnVA: it’s not so easy and certainly far from cut and dried. While I am personally against a strong federal government, there is logic behind actually utilizing governmental powers to protect the denizens of the nation. I capitulate that The SEC, conceptually, to be about the most necessary regulatory agency, in theory. However, examine what this bureaucracy is truly about. In the environment, that The SEC was created, it seemed quite practical to the uninformed. There were certain unbridled practices (i.e. bucket shops), which should have been considered criminal, by existing statutes, which were laid to blame for the Great Crash. Yet, it was mainly the manipulations of insiders of and in The Federal Reserve that caused the great wealth transfer: both of businesses and of the federal government itself.

The management of The SEC has always been staffed with its toadies and sycophants. The SEC suffers from quintessential bureaucratic corruption, whether governmental or corporate. The workers simply do not work. The infamous “it’s your turn in the barrel” came from The SEC offices. That’s their mentality. More staffing and more funding won’t change this culture. The Federal Reserve also has so many polies at their call. Barney Frank stalled out the call for an audit of The Federal Reserve late last year. Ron Paul now chairs that committee.

Before we can clean house with The SEC, we need to shut down The Federal Reserve. In the end, The SEC is no different from the nefarious FDA. They do the bidding of the very ones that they are supposed to be policing. It’s always been that way. They are just tools for monopoly. Still, The FDA poses a far greater threat to the American populace. Long before the advent of the whore from my native Connecticut, Rosa DeLauro, and the entire Monsanto Administration, The FDA protected big pharma, et al. Let’s not forget the role of The ABTT Networks in this matter. We need to look no further than the commissioning of sainthood to the traitor, Gabby Giffords. Also, let’s not forget that she was one of three donees of Keith Olbermann. These people have names and faces, but the populace makes excuses for them, especially with any scintilla of ideology and/or partisan leanings.

The financial meltdown of Middle America is directly front-lined from The Federal Reserve. The diluted and devalued currency goes to bailouts and contractors first. The trickle down becomes a drop in the bucket.

Government Interventions Dwarf Gold
[chart]

Let’s make this chart very clear. Of the $5 trillion in gold ever mined...

• The U.S. government has thrown more than twice as much at the economy in the past 12 months.
• The U.S. debt is more than double this amount so far this year.
• Total global government bailouts are almost four times larger. (This is a conservative figure. One estimate puts it at $24 trillion.)

I intended to include annual gold production as one of the comparisons, but the chart isn’t big enough and neither is this book: 2008’s global gold production equaled about $73 billion. To make that figure discernable on the chart would require the Total World Bailouts bar to hit the ceiling above your head. That’s how small the gold market is.

The implications are undeniable: When the greater public rushes into gold – whether in response to inflation, dollar woes, war, whatever – the price will be forced up by an order of magnitude.

(from Casey’s Gold & Resource Report)

The polies’ good is to be reelected. That’s their game. It takes knowledge and a will to clean house, as well as a jettisoning of ideologies and partisanship. Amerikkka lies on the brink of financial collapse as soon as the dollar (FRNs) ceases being the world’s reserve currency. Then there won’t be all these agencies and “assistance” programs. Instead, there will be blood in the streets.

BTW, concerning food and health, here’s a recent post on an outstanding board frequented by a number of posters here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60489420

"Keep your state off of my body"
"When in doubt, empty the clip."

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