America's Inflationary Depression

by Bob Chapman

Global Research, April 9, 2011

International Forecaster

We see signs that American workers are getting worn out. Management may have squeezed the last drops of extra work that they can out of them. That has been reflected in the latest worker productivity. Since WWII the average increase has been 2-1/2% year after year, but last week’s numbers were terrible, up only 0.2% per year. Europe and the US have been able in part to offset advantages of foreign producers by consistently getting better productivity results. For those of you that are new to these statistics, they are a reflection of labor productivity, or advances in the way work is done. Such previous success have allowed companies to get the job done with fewer employees and in instances to offshore some work to take advantage of cheap foreign labor. If you use a combination of labor and investment funds, recent results are only up 0.1% for 2009. Those numbers are usually about half of regular productivity numbers. What low overall numbers mean is that throwing money at manufacturing problems is not working as well as it has in the past...[Full Article]

Collapse of the US Dollar System? Looming Financial Collapse

by Bob Chapman

Global Research, April 6, 2011

International Forecaster

As each day passes the US dollar loses prestige and its status as a world reserve currency. Washington and Wall Street pay little attention to its slide and the changes a lower dollar and loss of reserve status will bring. Once the dollar is dethroned Americans will have to learn to live on the edges of the economic and financial world. Those of you who have not read G. Edward Griffins’ “Creature from Jekyll Island” should. It tells you why the Federal Reserve was created and why the Federal Reserve was created and what its function is. It also shows you why except for Wall Street, banking and selected elitist corporations why the system was designed to self-destruct. If you read economic and financial history you will discover why such economic and financial destruction takes place repeatedly and that more often than not does not happen due to incompetence, war or error, but it is planned that way. What has happened to the dollar since Bretton Woods and the planned removal of gold backing from the dollar is an example of deliberate destruction and in that process the destruction of the greatest nation in history. In that process of 97 years the wealthy and connected have become wealthier and powerful and have become even more so. They truly expect to exit this maelstrom and war as the leaders of the future. We have news for them. The power of talk radio and the Internet stretches worldwide and the world now understands what they are up too, and they are not going to be successful in their efforts to bring about world government. The collapse of the dollar is but one aspect in the change planned in the shift in world power...[Full Article]

Bob Champman Interview - The Dollar is Doomed

http://www.youtube.com/watch?v=Tsq5hdhBEkw




http://www.youtube.com/watch?v=LfOpxwQsmDs

Replace the Federal Reserve Altogether A Good Idea

by Bob Chapman / The International Forecaster

February 16 2011: Dollar weakness hidden by Fed workings, litte bad press for the Fed despite a dismal track record, unbridled fraud, theft and criminality on Wall Street, ARMs are back, Barney Frank challenges white paper on housing finance to do better for Americans, rising food and fuel problems a question for everybody, Soros warns of Media co-opting politics, Fox news all made up.

Rather than have designation to what the Fed is doing we believe to a great extent the term quantitative easing will fade from the major media and Fed announcements, probably to be replaced by a term such as accommodation. As time passes more and more professionals and investors will realize that this massive creation of money and credit is destroying the capital structure and the dollar. Other countries are emulating the Fed in various ways and degrees and that is why the USDX, the dollar index versus six major currencies has not plunged as it should have. It is lower, but it is not a true reflection of what is really in progress. Gold has spent the last 2-1/2 years directly competing with the dollar for supremacy as the world’s reserve currency and hands down the dollar has lost in an accelerating flight to quality to gold and silver. Over the past ten years versus nine other major currencies the dollar’s loss in value over each of those years has averaged 15-1/4% and versus silver 20-3/8%. If you widen the spectrum to 50 currencies, the currencies value versus gold and silver have had an even greater fall. The longer the Fed, and other central banks continue to work this charade, the worse the final outcome is going to be. Every step that has been taken since 2000 to extend the problems rather than solve the problems has been futile and makes the final deflationary depression more gruesome.

The Fed has done a dreadful job, as has other central bankers and the public has become aware of that over the past few years. In the US polls they show 70% of the public wants the Fed replaced. This is significant because understanding what the Fed does is not easy for most people. We have been trying to expose the Fed Ponzi scheme for more than 50 years with only limited success. Then about 15 years ago along came talk radio and the Internet and they both opened the information spigot, allowing the average person to understand what the Fed was all about...

[Full Article]

Ronald Reagan ("Red Ronnie") was a Communist and Homosexual: States Iserbyt and Chapman

Ronald Reagan blackmailed for sexual behavior ; communist turns into right-wing political puppet



http://www.youtube.com/watch?v=6duzXE-liFY&playnext=1&list=PL21B2337C842C3757

[From the January 7, 2011 broadcast of "The Alex Jones Show".]


Download the following article...
"Homosexual Prostitution Inquiry Ensnares VIPs with Reagan, Bush: 'Call Boys' Took Midnight Tour of the White House" / Washington Times 06-29-1989

The Illusion of Economic Recovery: The Fed Creates Money Out of Thin Air

by Bob Chapman

Well, it's just the same old, same old, business as usual in America. The Fed creates money out of thin air, uses it to keep the economy from teetering over the edge of destruction as ludicrous salaries and bonuses are collected by Wall Street Illuminists and as US consumers are deceptively informed that we have green shoots sprouting up and that recovery is just around the corner. So go out and borrow, borrow, borrow, and spend, spend, spend, so US Illuminist transnational conglomerates can continue to generate their off-shore, untaxed profits to pay Illuminist salaries and bonuses for their henchmen in Corporate America. Then you have the President's Working Group on Financial Markets (aka the Plunge Protection Team, aka the PPT for short), rigging markets around the world 24/7 with the money created out of thin air by the Fed via the repo pool.

Meanwhile, the Illuminist banks that have borrowed money created out of thin air from the Fed through its myriad of borrowing facilities at little or no interest use some of their money to join the speculation party with all the inside information that has been provided to them courtesy of the PPT as the public gets taken to the cleaners because that don't have any illegal, front-running algorithms designed by their government like the players on Wall Street, who have few if any losing days in their proprietary trading offices. And lest we forget that whatever money is not used by the Illuminist banks that they have borrowed from the Fed at near zero interest to speculate with is parked with the Fed at 2.5% risk-free, a gift of the US taxpayer because we just love to get hosed by our criminal syndicates aka "too-big-to-fail" Illuminist banks. And never mind the fact that there are no longer enough idiots left in the world to buy our Treasury paper anymore, because, well, if you don't have enough buyers, then you just make them up out of thin air, like our Federal Reserve Notes.

But first, we ignore things like monthly hundred billion plus mathematical discrepancies between the amount of the government's deficits and the amount of treasury bonds being sold. Then we give the proceeds from the bogus excess treasury sales to foreign countries, foreign central banks and sovereign wealth funds as well as Cayman Island hedge funds so they can do what with it? Why, so they can buy US treasury paper and agency paper, among other things. Yep, we set up the straw men, fund them with counterfeit money illegally created out of thin air beyond what is needed to fund the ever-increasing deficit being created by the drunken sailors running the US government, and we then magically create categories of new mega-buyers in our financial reports to show everyone how our treasury paper is just as "beloved" as in the old days. Why, even the totally bankrupt UK has magically created $180 billion for the express purpose of buying up those treasuries to keep the whole rip-off party going. We'll let our subscribers decide where the totally bankrupt UK came up with that amount of money for US treasury paper of all things. Ah, life in the US of A. You just can't make stuff like this up!...

[Full Article]

Pondering Our Collapse While We Watch Others Fall

...The collapse of currencies and nations won’t happen overnight, because their demise has been planned, and a subtle collapse is in process. Our guess is that next year is when the collapse will finally take place followed by one of the greatest deflationary depressions of all time. During the last 2-1/2 years all the toxic investments have been and will continue to be transferred from the Illuminist banks, brokerage houses, insurance companies and transnational conglomerates to the public. The Federal Reserve is the repository for this junk, which includes Treasuries and Agencies. That means the public foots the bill. Every government and bank in the world will be affected. This magical game of 3-card-Monte will never work and the Illuminists know it won’t work. That is why they have war on demand to distract the public and to escape punishment for the devastating thing they have brought upon mankind. What we are facing is as bad if not worse than the collapse of the Lombard system in Venice in 1348, the year of the plague and the collapse of the Hanseanic League in the 1600s, the creation of the Medici’s. For starters we already have 19 bankrupt or near bankrupt major countries and many others that will be pulled into the vortex of financial and economic calamity. In each country we see the Illuminists doing their evil work, legends in their own minds, in a system that they know cannot survive. They are waiting for orders to pull the plug in each and every country. These masters of the universe all know that prosperity cannot be created by printing money and issuing credit indefinitely. They know full well that such a system cannot survive...

Controlling The Ability Of People And Organizations To Access The Internet

Under the guise of “protecting Americans” and choosing itself in so-called “national security,” the current Obama administration wants to be able to control the ability of people and organizations to access the Internet.

This concept on its face seems very harmless and in the best interest of the country, however, having the ability to “turn the Internet off or shutting down sites that Obama considers “dangerous” including particular political groups, individuals or organizations who espouse differing views has far reaching political, financial, moral and legal implications...