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Stock Ideas Investors Daily Edge Summing Up an Historic Disaster
Stock Ideas Investors Daily Edge Summing Up an Historic Disaster 
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By Tom Dyson In the late 1940s, dozens of new consumer products hit the market, made by companies such as Avon, Xerox, Coca-Cola, and Polaroid. This period marked the beginning of the new American prosperity and consumption... and it triggered a huge bull market in the stocks of the companies that made these products. |
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| Summing Up an Historic Disaster |
| Wednesday, 20 February 2008 | ||||||||
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Dear Reader, America has been stolen blind. Our Constitution has been dismantled. Our borders have been left unprotected. Our manufacturing base has been sent overseas. Our middle class and future generations have been sold out. The U.S. is now bankrupt by any honest accounting measure. Do you know how these deeds were accomplished and by whom? This series of articles on the Federal Reserve and their ongoing shenanigans was initiated around Thanksgiving Day 2007. I had no idea it would stretch out over a quarter of a year. Each article has built on previous articles and, frankly, macro-economic events have transpired faster than I have been able to project and explain the underlying problems. These are really hairy times, though few are aware of the precarious situation we’re in. A pertinent historic quote is from John Maynard Keynes in 1920: “By a continuous process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method, they not only confiscate, but they confiscate arbitrarily; and while the process impoverishes many, it actually enriches some ... The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million can diagnose.” Sadly, that is very true. Keynes is one of the two original architects of our present monetary system. Most citizens will never know what hit them as the current monetary and economic crisis plays out. There will be plenty of finger pointing and scapegoating but only the most discerning citizens will understand exactly when and where we went wrong. Another key quote is from Thomas Jefferson: ”Banking establishments are more dangerous than standing armies.” He, and a majority of our Founding Fathers knew well the dangers of submitting the Republic to “central bankers.” Still, Jefferson could have never conceived what a witches’ brew our current banking hierarchy has brought upon us. 1913 was an ominous year. That’s when both the Federal Reserve and the income tax laws were thrust upon the U.S. This dynamic duo has wrought nearly a century of damage upon us and the rest of the world. They are nothing more than predators from my vantage point. Our current status of debts, desperation, dishonest money, bailouts, extreme institutional greed, and weird finance took root in 1913. The present maladies are the predictable and inevitable consequences of straying from the natural disciplines of honest money. It’s all we’ve known. But there is a much better way. The global monetary system, with the U.S. dollar as its “reserve currency,” is crumbling. The dollar has been abused so much the rest of the world is no longer oblivious to its fundamentals. A major form of change is on the horizon.
What we now recognize as “money” will soon enter the history books, alongside each and every other failed fiat currency. That’s correct, sooner or later they all have failed. It’s reasonable to expect the coming monetary order to, once again, be backed by tangible substances. Gold is the frontrunner. The U.S. will go along … kicking and screaming. The following epilogue is my “plain English” explanation of how America has been abused and systematically dismantled by the greedy Money Power. Our government has yielded control of both our money creation and our economy to elitist insiders. This gang has decided that creating $600 trillion worth of derivatives is somehow appropriate. These are the very people Jefferson warned us about. We are now in uncharted territory. Doubt it? Be the one in a million or one in a thousand who comprehends fiat money and its intent to enslave. Invest Resourcefully, Rusty P.S. It’s a good time to review JFK’s “Secrecy Speech” in which he stated, “That is why the Athenian lawmaker Solen decreed it a crime for any citizen to shrink from controversy.”
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