Urgent Update: Derivatives Market on the Verge of Collapse May 18,2012

firstfridays · May 21, 2012

http://www.youtube.com/watch?v=gWXT1iKRgIk&list=UU1N85MiTQ-N0gsI3XBCCYbw&index=5&feature=plcp

Urgent Update: Derivatives Market on the Verge of Collapse May 18, 12
Lindsey Williams (lindseywilliams101.blogspot.com ) Urgent Update: Derivatives Market on the Verge of Collapse Lindsey Williams Urgent Update: Derivatives Collapse & JP Morgan The coming collapse.Derivatives Market Collapse Coming Soon!The Economy is about to collapse due to the derivatives market. The US Dollar will collapse by the end of 2012 and Obama may not win the coming election. Lindsey reveals his latest DVD series "Secrets Of The Elite" which includes interviews with 4 top elite financiers, on the economy gold and silver. Who is Lindsey Williams : Pastor Lindsey Williams, who has been an ordained Baptist minister for 28 years, went to Alaska in 1971 as a missionary. The Transalaska oil pipeline began its construction phase in 1974, and because of Mr. Williams' love for his country and concern for the spiritual welfare of the "pipeliners," ; he volunteered to serve as Chaplain on the pipeline, with the subsequent full support of the Alyeska Pipeline Company. Because of the executive status accorded to him as Chaplain, he was given access to information documented in his eye opening book, The Energy Non-Crisis. After numerous public speaking engagements in the western states, certain government officials and concerned individuals urged Mr. Williams to put into print what he saw and heard, stating that they felt this information was vital to national security. Mr. Williams firmly believes that whoever controls energy controls the economy. Thus, The Energy Non-Crisis.

waltky · Aug 31, 2013

Granny says, "Dat's right - an' dem Washin'ton politicians is causin' it...

Historian Predicted America's Financial Collapse... in 1857
Thursday, August 29, 2013 > The Great British historian, Lord Macaulay, predicted the future unraveling of the United States economy in a letter written in May 1857. Macaulays prediction was based on his analysis of American institutions. Discussing the life of Thomas Jefferson with an American author, Macaulay wrote, You are surprised to learn that I have not a high opinion of Mr. Jefferson, and I am surprised at your surprise. I am certain that I never wrote a line, and uttered a word indicating an opinion that the supreme authority in a state ought to be entrusted to the majority of citizens [counted] by the head; in other words, to the poorest and most ignorant part of society.

According to Macaulay the United States was becoming increasingly democratic throughout the nineteenth century. And this tendency, he argued, was dangerous to liberty and to the countrys economic well-being. As Macaulay explained, I have long been convinced that institutions purely democratic must, sooner or later, destroy liberty or civilization, or both. Macaulay pointed to the French Revolution and to the tendency of democratic movements to despoil the rich. You may think that your country enjoys an exemption from these evils, Macaulay wrote to his American correspondent. I will frankly own to you that I am of a very different opinion. Your fate I believe to be certain, though it is deferred by a physical cause. As long as you have a boundless extent of fertile and unoccupied land, your laboring population will be far more at ease than the laboring population of the Old World, and, while that is the case, the Jefferson politics may continue to exist without causing any fatal calamity.

Eventually, of course, the United States must fill up with people. It must lose its economic advantages. [T]he time will come, noted Macaulay, when New England will be as thickly peopled as old England. Wages will be as low, and will fluctuate as much with you as with us. America will then be urbanized, with a large population of artisans. Then it will happen that large numbers of these artisans will sometimes find themselves out of work. Then your institutions will be fairly brought to the test, wrote Macaulay. Distress everywhere makes the laborer mutinous and discontented, and inclines him to listen with eagerness to agitators who tell him that it is a monstrous iniquity that one man should have a million, while another cannot get a full meal.

With the supreme power in the hands of a discontented multitude, what kind of government are they likely to elect? Would it be a government committed to the security of property and the maintenance of order? Or would it be a government that gets through hard times by robbing the rich to relieve the indigent? Eventually, wrote Macaulay, the Jeffersonian bent of the United States will result in the destruction of property, the plundering of the wealthy. It is quite plain that your government will never be able to restrain a distressed and discontented majority. For with you the majority is the government, and the rich, who are always a minority, absolutely at its mercy.

As we see today, all levels of government in America are involved in relieving the distress of the poor and unemployed, and we also see that this is presently accomplished by taxing the rich as well as by taking on debt. Presently the United States has the most progressive income tax system in the industrialized world with the rich paying more than half of all income taxes. As for the accumulation of debt, the gross public debt of the United States exceeds 160 percent of GDP; and this figure necessarily represents the future despoliation of the rich through inflation and/or future taxation.

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Urgent Update: Derivatives Market on the Verge of Collapse May 18,2012

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waltky Well-Known Member

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Urgent Update: Derivatives Market on the Verge of Collapse May 18,2012

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waltky Well-Known Member

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