Dollar Will Fall to Zero

Hey Colonel,
I'm sure your aware of it, but let's let everyone else in on the secret Ok?

IT'S ALREADY FRIGGIN WORTHLESS!!!!!!!!

Now that you are all aware of the secret that only the Colonel and myself shared for the last....Oh hell....3-4 years maybe.....YOU'LL GET OFF YOUR LAZY ASSES AND VOTE THIS MORON AND HIS CRONIES OUT OF OFFICE IN 2010 AND 12.....WAKE UP AMERICA!!!!!

I am not sure but 2010 when we can do something about it may be too late.

In comparison to its value when the Fed was created in 1913 that is true.

That four cents is most likely the materials and labor to print them! The face value is elevated by the act of senorage ( defined by former mint director Donna Pope ). The 'Feds' by the printed paper at the materials and labor value, then "lend" them out at face value, with chargeable interest added by a 'fixed APR' ( the "Prime Rate" to the member banks ).

What a business!!! Legalized counterfeiting, all by the graces of the Federal Reserve Act! Thanks CON-gress and Thanks Woodrow "Woody" Wilson!!! America was definitely sold out before most of us were even born!

666

Not yet Jerry

There is so much to worry about right now. The dollar falling, Cap and trade and The healthcare.Then there is unemployment. And the economy. President Obama singing the one world aggrement. and there for singing our freedom away. I realy get scared some times. It is like the sky is falling in. The sky is falling in!!

Well I don't think it's the sky but our nation is on the edge of a cliff and our government, especially our POTUS is pushing the wrong direction while yelling for help to save it.

He knows he's part of the problem. He also knows that he dare NOT speak about it!

Good point -- it's been declining at least since Nixon took us off all the monetary standards -- and look where wages went since he did that -- straight down! Jeff Rense had an interesting two-hour segment the other day from the authors of a book called 'They Own It All Including You' -- all about who is really running the show. And how we're being paid in instruments of debt instead of real money backed by precious metals (or anything). I think Ron Paul is on tour in Iowa next month (Ames and Des Moines) so definitely check that out, friends, if you're in the neighborhood. Thanks for posting this and keep enlightening as the masses wake up from their chemical coma!

Good info VB.

Called the "Bretton-Woods Agreement", the same treaty that created the International Monetary Fund. IMF members, by this agreement, are NOT ALLOWED to have their own national currency "pegged" to any precious commodity like Gold, Silver, etc. In otherwords, only the bankers are allowed to trade in Gold, etc.

This is also where those "Special Drawing Rights" came into play! Under these SDR's, each IMF members country's currency is established a set par value in relation to the other 'competing' currencies on the international currency exchange market! This is why our currencies change in value in relation to each other on the international exchanges!

Just my "two cents", but I am NOT a degreed-economist! Therefore, I'm not supposed to know about 'economies' nor how they work! ( Heh, heh, heh, heh! ) >:=(O)====

Believe it or not the wages in this country started declining with the first Right To Work Law. Unions kept wages up and provided skilled workers for all the various jobs. Right to Work opened the door for no skill workers and bad products at cheap wages. It was the best thing for management since sliced bread if all they were intersted in was the bottom line.

Cuss unions all you want but they rescued this nation from slave wages, long hours, unsafe working conditions, and a lot of the abuses of that day.
They began losing that fight with the Right To Work movement. Unions provided health care for their members and retirement as well as training that could no be beat, the 8 hour work day, vacation time, paid holidays, a long list.

It was a sad day when the first state suscumbed to the tempation to give even the unskilled, skilled labor jobs just because the person had the right to work. Sure they did and they had the right to have a union negotiate fair wages and benefits. That is something the working man lost with Right to Work and we probably would not have a problem with health care in this country today if Right to Work had not taken over.

I notice also that it was AFTER Right to Work legislation became popular when industries started leaving this country to have their products made over seas. Industry discovered they could get some sucker to work for half what he paid union workers and realized they could do even better with foreign made products.

So true.

You might also include the fact that "illegal aliens" ( that's exactly what they ARE ) are deliberately being brought in as "cooleys" by the industry leaders as we supposedly 'need' their help in the economy. These "aliens" are often paid either lower wages ( closer to the minimum wage allowed ) - or - under the table ( which ends up being cheaper on the company by way of evading "payroll taxes" ).

Now that many US companies are getting wonderful tax benefits ( lower taxes assessed to them ) for higher and employing MORE 'refugees' and "illegal aliens" ( NOT immigrants - a legal status ) rather than 'lazy' Americans! This has the net effect of providing an "excuse" to lower the wages paid! ( Yet, the price of everything still goes up! )

* * *

This problem has more than one single causor, but the 'Right-to-Work' interpretations of those laws have indeed done quite the damage! Let's not also forget the lasting damage of NAFTA, GATTS, FTAA, SPP, NAU, etc. They're the "finishing touches" to the global "master plan"!

Very timely post, George! This subject matter needs to be "bullhorned" at every city council, statehouse, and especially Washington DC - if need be - EVERY DAY!!! I don't care if it is deemed to be 'illegal' by the "dukes and dutchesses"! It's going to end up being a battle of life and death in the streets very soon! I just hope enough sensible people get a clue VERY SOON!

It's only worth what we say it's worth anyway. The dollar will always be worth exactly what you can get for it in goods and services.

Which is why "faith" is sometimes its own loser when taken blindly to the wrong 'people' and the wrong places!

Our 'money' is only worth the blind-faith that the People have in the system!

I think it is worth what we are told by the Fed it is worth.

Yeah, but we can ostensibly trust the 'Fed' not to shake our FAITH in them, right?!? >:=(O)=== ** Sarcastic laugh **

Timely post, Col. George! Have seen my essay/commentary at illusionbusters.gather.com? Nice to see more info on this tricky discussion topic!

Keep up the good work!

Thanks Jim. I'll have to check out illusion busters.

Just be forewarned that I am only one man doing a lot of work! I will update as often as I can!

I do have some very old articles that are still apropos though.

Unless we make major changes I can't see the dollar being worth anything in 10 years.

Mathew, the 10 year thoiught dropped shortly after Obama took office, He and Pelosi have taken it from 10 years under Bush, to three years in six months. That was put out by a number of Economists that study trends in global economies.
Now with the passing of Obama/Pelosicare, if it makes it through the Senate, how much faster it will drop?

Rockeyfeller said the American people would demand a new currency. The SPP said they would introduce a new currency in 2010. I was called a tinfoil hat wearer a year or two ago. Looks like it was right. By next year at this time we wll be spending a different currency, maybe AMEROS, it looks like.

Right Dan it will be a lot less than 10 years. As far as Pelosicare, I doubt it will get through the senate.

This currency crisis is an opportunity for us to switch to sound money. It won't happen without a lot of pressure from the people, and sadly not enough people are educated on this subject.

Today India just bought 200 tons of IMF gold. And gold is at a record high of $1080-1085.

I wonder if that is a paper transaction or if it will be shipped.

India Buys 200 Tons of IMF's Gold Allotment

I would imagine that would be under the "Special Drawing Rights" system that the IMF set up. In that case, it would be based in paper! IMF members are actually prohibited, by membership agreement, from "pegging" their national currencies to anything like Gold and/or Silver!

Also, as far as I can tell, the IMF won't actually "deliver" any Gold to those who 'order' or 'buy' it from them. They will just inherit a piece of paper that says they can value their currency in accord to the IMF's policy based on their amount of 'Gold ownership' stake. India would become only an owner of that amount of "stake ownership", NOT the real thing! That's why the IMF is so horribly corrupt!

The other economic 'shoe' will probably drop when these crooks get the passage of a "Bretton-Woods Agreement, part II". Once that happens, a GLOBAL CURRENCY IS ON ITS WAY, NO QUESTION! AND, when THAT happens, you can consider your way and quality of life GONE for good ( if these jackals continue to get away with all of it )!

If that's the case I would guess India got taken.

When people start to dump the dollar in big chunks our money will be worth nothing in one day or less. I have a feeling the Global Press is running off bills right now.

That's the plan!!! These heartless, soul-less individuals will gladly use everyone against each other! It's a very old game that has been played so many times before!

The grand plan is to totally bankrupt the entire world and basically have waves of massive starvation and, of course, plenty of diseases and vermin to realize their ultimate goal of "population reduction"! Just think about the most horrible thought you can ever think of, be it any nightmare, any scene, even "the battlefields" you have been to! What these horrible people have in store for the entirety of the world's population is absolutely unimaginable and incomprehensible to the human mind!!!

This is definitely one of those times that I absolutely abhor being able to see future events! The constant nightmares about this are enough to drive most people hopelessly insane! I just hope there are enough people who really know that their days are truly numbered, especially if they choose not to fight back!

I never knew what true evil was until I had a "dream" that was so full of detail that I really felt like it was really going on! Yeah, I know what some may say about such things, especially when they have very little experience in such matters! There IS a big difference between fantasy and actual "premonitions"!

India will soon see that their 'heads-of-state' sold their country further down the road! I really feel for those folks!!!

I can see exactly what you are seeing Jim and it does scare me, not for me but for my Son.

I know some Christians probably have a hard time swallowing some of this kind news, but the truth is a real bear! You figure that when India gets its allotment of additional SDRs, that will increase their stake in the IMF while decreasing our stake! This will almost immediately adversely-affect our monetary-worth bringing the dollar further down. Basically, India is being used against the US just as China will be used next.

There are NO "rewards" for those going along with this sick game, in the very end! Once the US is bankrupted to the point that we may be forced onto the "Amero", then the pattern will be altered as the "Pan-Asian" union(?) will be built, using the very SAME schemes that have so far worked, twice! The IMF has a great amount of power under the SDR program they have. It is through the use of these SDRs ( which are the sense of 'ownership' stakes ) that the IMF can coerce a change in a member country's currency valuation! ( Very sneaky! ) India won't have any additional Gold to speak of, they'll just think they are sitting better, economically ( all courtesy of their increased 'ownership' of 'Gold'-based Special Drawing Rights ).

This is economic-manipulation in a very big way!

When the IMF ( mainly its owners ) decides to push a unified global-currency, all it will have to do to force compliance is devalue or even scrap the SDR program altogether! ( Much like the 'Fed' will our 'Federal Reserve Notes' - declare them worthless by decree! ) This is a very BIG game being played out, right under the world's nose!

I forgot to add something about two posts ago: " Much of our imported goods come from India. With this revelation, I can see goods imported from India going up in price very shortly! " If there is anything that you like to have that just happens to be "made in India", like Cotton, Linens, etc., you may want to order and pay for it right now! It will be rather expense very shortly!

I just wish some folks in my area would get off of their backsides and really start thinking locally! Local economies seem to survive these "market syndromes" a lot more so than being totally reliant on "national currencies".

Local economies seem to survive these "market syndromes" a lot more so than being totally reliant on "national currencies".

Agreed!