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	<title>Economic Trends Journal &#187; Geithner</title>
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	<description>a journal on the economy</description>
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		<title>THE ECONOMIC POINT OF NO RETURN IS ALREADY HERE</title>
		<link>http://economictrendsjournal.com/blog/the-economic-point-of-no-return-is-already-here/</link>
		<comments>http://economictrendsjournal.com/blog/the-economic-point-of-no-return-is-already-here/#comments</comments>
		<pubDate>Fri, 10 Apr 2009 13:49:37 +0000</pubDate>
		<dc:creator>simon</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Marxist-Fascist Economic Trends]]></category>
		<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[freedom]]></category>
		<category><![CDATA[Geithner]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[President Obama]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://economictrendsjournal.com/?p=542</guid>
		<description><![CDATA[OBAMAS OFFER TO AMERICA: TRADE LIBERTY FOR HANDOUTS OF WORTHLESS CURRENCY In a few months, the affect of the Obama, Geithner, Bernanke and Liberal Congress will explode on the economy.  Inflation will take off this summer and there will be nothing anyone can do to that will stop the worthlessness of the dollar or the [...]]]></description>
			<content:encoded><![CDATA[<h2><span style="color: #000080">OBAMAS OFFER TO AMERICA: TRADE LIBERTY FOR HANDOUTS OF WORTHLESS CURRENCY</span><em><br />
</em></h2>
<p><em>In a few months, the affect of the Obama, Geithner, Bernanke and Liberal Congress will explode on the economy.  Inflation will take off this summer and there will be nothing anyone can do to that will stop the worthlessness of the dollar or the rise in unemployment.  America&#8217;s money supply of inflated dollars will loses its purchasing power both at home and abroad. We will see a collapse in the value of the dollar that will wipe out the wealth of all Americans.  At the same time unemployment will rise beyond Great Depression highs, as an insatiable government sucks dry the private sector and those who once made a living in the free market.</em></p>
<p><em>Why?</em></p>
<p><em>America has a $11 trillion national debt and approximately $80 trillion in unfunded liabilities for bailouts, stimulus, social security, medicare and other social programs. Not to mention the $850 billion in new unfunded health care expenses or the $346 billion annual cost of giving social security, medical and all the educational support for 10% of our illegal immigrant population that is too lazy to learn English.</em></p>
<p><em>At a time when Americans are out of work President Obama will sign the new immigration bill that will put undocumented foreign workers in direct competition for legitimate American jobs.</em></p>
<p><em>America has an annual GDP of nearly $14 trillion, with 70% of that figure being consumer spending. People are uncertain of all the changes to the economy by the Obama administration so they are saving to protect them from the coming depression.</em></p>
<p><em>Recently the Federal Reserve expended $1 trillion to its member banks with a few keystrokes of a computer by Fed Chair Bernanke.  When the Federal Reserve expands the money supply, it is creating money out of thin air. As creditor nations that hold US debt find that the value of the US dollar is dropping the faith and confidence in the dollar and US Treasuries will create the need to find another more stable currency.  As this collapse happens it will cost more to run government, business and purchase the products we need to survive.</em></p>
<p><em>President Obama agreed at the G-20 summit to follow the international &#8220;high standards&#8221; for the regulation of all &#8220;systemically important&#8221; companies to be promulgated by the new global Financial Stability Board (FSB). The United States, through President Obama&#8217;s desire to be liked, will go along with whatever the FSB proposes.  Then the U.S. government will impose international rules on our economy.</em></p>
<p><em>So with new tax code changes being proposed by President Obama, Europe about to formulate socialist regulations to be imposed on our economy, the U.S. government taking over any large company they desire, the deficit and spending reaching unheard of levels and government control of banks and interest rates, how can any businessman in his right mind decide to invest in an uncertain economy with the added disincentive of higher taxation?</em></p>
<p><em>President Obama will not waste this economic disaster, knowing that Americans trust his judgment; he intends to turn America into a nation dependent on government.  He knows his budget will not improve the economy but he wants these changes, so that his legacy to America becomes a Marxist-fascist social order that will keep liberals in office by its dependence on government. He and his comrades are using the economic crisis as his justification for a subversive change contrary to the constitution.  As has been written here before, this Black President will enslave the American people.</em></p>
<p><em>A fitting retribution for a population that has forgotten why our forefathers signed the declaration of independence, which they knew by putting their signature to that document, they would be signing their own death warrant should King George defeat the American freedom movement.  Today and on April 15, 2009 many Americans are participating in a symbolic protest of unfair government taxation by throwing tea bags in bodies of water across America.</em></p>
<p><em>Almost fifty percent of Americans do not understand how precious liberty is to life.  They feel that liberty is given to them by government, rather than by keeping ever so diligent that a government does not tread on a freedom that was gained through the spilling of blood, the loss of loved ones, and the ultimate sacrifice of a hero, their life, so that their fellow Americans can live in freedom.</em></p>
<p><em>When an American truly understands the phrase, &#8220;give me liberty or give me death&#8221; that person knows the value of life, and that death is a better comfort than to live with the monkey of government upon your back.  Who would rather live with a government parasite sucking the blood of life from their body, watching their family reduced to begging government for sustenance, and being asked  by a Marxists-fascist regime for more sacrifice than they are entitled to.</em></p>
<p><em>The central principal of the Comrade President Obama Administration, is to make citizens dependent upon government at the expense of their liberty for the next 200 years.  The second American Revolution for our freedom and liberty has begun, join the fight, reaffirm the rights in the Declaration of Independance!<br />
</em></p>
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		<title>Bernanke and Geithner Try a Snowjob</title>
		<link>http://economictrendsjournal.com/blog/aig-hearing-with-geithner-bernanke/</link>
		<comments>http://economictrendsjournal.com/blog/aig-hearing-with-geithner-bernanke/#comments</comments>
		<pubDate>Sat, 04 Apr 2009 20:10:44 +0000</pubDate>
		<dc:creator>simon</dc:creator>
				<category><![CDATA[Marxist-Fascist Economic Trends]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[Geithner]]></category>

		<guid isPermaLink="false">http://economictrendsjournal.com/?p=437</guid>
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		<title>The Idiotism of Hope and Change</title>
		<link>http://economictrendsjournal.com/blog/the-idiotism-of-hope-and-change/</link>
		<comments>http://economictrendsjournal.com/blog/the-idiotism-of-hope-and-change/#comments</comments>
		<pubDate>Thu, 26 Mar 2009 15:26:47 +0000</pubDate>
		<dc:creator>simon</dc:creator>
				<category><![CDATA[Marxist-Fascist Economic Trends]]></category>
		<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[Geithner]]></category>
		<category><![CDATA[hope and change]]></category>
		<category><![CDATA[idiotism]]></category>
		<category><![CDATA[idiots]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[taxation]]></category>

		<guid isPermaLink="false">http://economictrendsjournal.com/?p=337</guid>
		<description><![CDATA[How to Spot an Idiot Idiotism or the mysterious science of idiocy is a profound descention into a bottomless well where you use art and skill of diving while sinking in government.  The swimmers are the congress and executive administration who are at the moment floundering in frigid economic water as we watch them drown. [...]]]></description>
			<content:encoded><![CDATA[<h2><span style="color: #000080">How to Spot an Idiot</span></h2>
<p class="MsoNormal"><em>Idiotism or the mysterious science of idiocy is a profound descention into a bottomless well where you use art and skill of diving while sinking in government.  The swimmers are the congress and executive administration who are at the moment floundering in frigid economic water as we watch them drown.  How profound for these arrogant foolish people to promote a bottomless debt scheme to fund massive government spending when government cannot survive without its parasitic attachment to free enterprise.  There is no logic just faith and hope that the necessary change will come and save us all.  It is an idiot who would put their faith in government, rather than using the tools of their own god given ability.</em></p>
<p class="MsoNormal"><em>Treasury Secretary Geithner and Federal Reserve Chairman Bernanke this week called for new powers to take over and regulate failing financial companies. These are no strings attached powers, that may not even be constitutional, but allow these new monarchs the authority to unilaterally and with out condition or oversight make monumental changes to the economy at their whim.  Let us free the terrorists in Gitmo, give them rights under the constitution, and ironically, give terrorist powers to government idiots to implement their fondest dreams based on hope and change not c</em><em>ommon sense.</em></p>
<p class="MsoNormal"><em>U.S. stocks will fall and the government will nationalize more banks as the economy contracts through the end of 2009, said <a href="http://search.bloomberg.com/search?q=Nouriel+Roubini&amp;site=wnews&amp;client=wnews&amp;proxystylesheet=wnews&amp;output=xml_no_dtd&amp;ie=UTF-8&amp;oe=UTF-8&amp;filter=p&amp;getfields=wnnis&amp;sort=date:D:S:d1">Nouriel Roubini</a>, the New York University professor who predicted last year’s economic crisis, in a March 26 Bloomberg.com  article.</em></p>
<p><em>For the patient to get well he must receive consistent and historically tried and true methods to cure the disease.  The continued uncertainty of governments role in the market place on a daily basis with throwing money down a bottomless well is pure idiocy.  The DOW is the barometer of public sentiment in the economy, which just had a small seven percent rally on March 23 due to Geithners public private partnership to spend $1 trillion in taxpayer dollars on loan from China no doubt. This bear market rally is not sustainable, given the new powers requested by Beithner and Bernanke they see broader problems on the horizon or they are just preparing to put America in chains of socialism or both which will be much worse.</em></p>
<p><em>Let us hope that Americans who are now waking up to the bankruptcy of their bank accounts and their children&#8217;s and grandchildren&#8217;s futures can put a stop to this Idiotism.</em></p>
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