I Thessalonians 5:20, 21

Do not despise expounding of scripture, but scrutinize all things. Hold fast that which is right.

Malo periculosam libertatem quam quietum servitium

- I prefer liberty with danger to peace with slavery.

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See also Kerux Replies at Wordpress.com where all future missives will also be posted.

However, because Wordpress charges an outrageous $59.95 a year for a video upload upgrade, videos will only be linked, not embedded.
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Monday, September 08, 2008

Communism Alive and Very Well - in the United States

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The nationalization of Fannie Mae and Freddie Mac should remove all lingering doubt in your mind that the United States is a capitalist nation. The bailout by the un-elected Henry Paulsen {Jewish] of the U.S. Treasury and the un-elected Bernard Bernanke [Jewish] of the Jewish owned and controlled Federal Reserve - which is neither federal nor a reserve - just increased American taxpayer debt by over five trillion in just one weekend. That's $5,400,000,000, 000 folks. Money that the American taxpayer is now on the hook for because money lenders have committed fraud and deception and their buddies at the Treasury and the Federal Reserve are bailing them out. Lobbyists for Mac and Mae even bought influence insurance to "ensure the political climate would remain friendly to growing the mortgage business." Fannie & Freddie: Buying Friends in D.C.
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Federal National Mortgage Association, commonly known as Fannie Mae, was started in 1938 under Rossenfelt, aka Roosevelt, under his New Deal infamously known as the "Jew Deal" wherein, after the Jewish controlled Federal Reserve induced the Great Depression through a contraction of the money supply, Rossenfelt turned the United States towards communism in a big way with a myriad of government "New Deal" programs, many of them recommended or headed by his Jewish cronies, such as Bernard Baruch, Felix Frankfurter, David E. Lilienthal, David Niles, Louis Brandeis, Samuel I. Rosenman, Henry Morgenthau Jr., Benjamin V. Cohen. Rabbi Stephen Wise, Frances Perkins, Sidney Hillman, Anna Rosenberg, and too many more to list found here: Rossenvelt's Jewish Cabal
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fannie_mae
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As Jim Rogers says, "The United States is more communist than China." The takeover even has the Chinese wondering. A blogger on www.163.com said "a capitalist [sic] country is now acting to save the market and protect investors, whereas China's government had sat idly by during a 64 percent plunge in the Shanghai stock market since last October. How can Chinese stock investors not be sad? How can they not lose confidence?" the post said. China Frets After Takeover

That brings the total debt the US taxpayer is burdened with, because of the mismanagement, fraud, deceit and total disregard for the best interests of the American public by our prostitute politicians and other criminals, to over $10,400,000,000,000. Mae & Mac's debt is part of the $50 trillion overall US government obligations. The Freddie Mac / Fannie Mae seizure by the US government follows on the heels of the $30 billion bailout by Bernanke's Federal Reserve and the Paulsen's US Treasury of Bear Sterns on March 17, another act of communism, making private mistakes a public responsibility and the hell with moral hazard.

Neither the Fed nor the Treasury were in the dark about the possibility of Mac and Mae going belly up. Dr. Laurence J. Kotlikoff, of the St Louis Federal Reserve Bank, wrote a 250 page report titled,Is the U.S. Bankrupt? back in November 2005.

"....the United States is going broke, that remaining open to foreign investment can help stave off bankruptcy, but that radical reform of U.S. fiscal institutions is essential to secure the nation’s economic future."

What private concern is next? The automakers, who are asking for room at the taxpayer trough themselves? They've gone, cup in hand, to Congress for a $50 billion dollar 'loan', [yeah, right] to help them re-tool and modernize to build more fuel efficient cars and to weather the downturn they find themselves in. Their foreign counterparts don't need a public feed bag, they made the necessary investments years ago. The result is their cars are selling, whereas Detroit's aren't.
Automakers Seek $50b Loan

If you're still not convinced the US is a practicing communist nation, here are the second) A heavy progressive or graduated income tax, the fifth) Centralization of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly and the tenth) Free education for all children in public schools, planks of the Ten Planks of the Communist Manifesto. The US and virtually all of its citizens practice these and most of the other seven planks. In fact, Americans prefer communism over the republican form of government the Founding Fathers set up. The only presidential candidate advocating abolishing the Federal Reserve and the Internal Revenue Service and thus eliminating two of the 10 planks from the American system, Ron Paul, is not even being considered by the Republican Party as an opponent to the Democratic candidate. He's looked down upon as too archaic, too extremist, i.e., not a communist.

Americans, from all appearances, love their debt based central banking system, with it's usury credit cards, high bank fees, usury mortgages and fiat currency. They also seem to love paying the graduated income tax, otherwise, why aren't they in the streets demanding Ron Paul be on the ticket and the abolition of the Federal Reserve and the IRS and its graduated income tax he advocates?

Methinks the reason the American public isn't demanding an end to the financial reaming they are getting - the bail out of Bear Sterns, the nationalization of Mac and Mae, the horrendous tax bill to pay for all this un-constitutional profligacy of the last 60 years or more and the coming hyperinflation and eventual collapse of the dollar that will result from the Federal Reserve printing the currency to pay for these and the other criminal activities the Wall Street Banksters and other Financial Fraudsters have been committing for almost 100 years - is because they were trained in the free public school system.

See, you do get what you pay for.
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titanic_sinking
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All of these bailouts are nothing more than putting government Band-Aids on blood hemorrhaging from the dorsal aorta. The US government taking over Fannie Mae and Freddie Mac - at taxpayers' expense - is akin to the US Navy taking over the Titanic after it struck the iceberg. Those who know nothing of ships and the sea, may think the Navy has saved the day, but those in the know got off the ship before the 'rescue.' And most thought the Titanic too big to sink. Just like the sinking of the Titanic, we are witnessing the sinking of the American financial system.

What can we expect next? The collapse of the derivatives market and the US Treasury bond market, as foreigners avoid US dollar assets and rush to hard assets, such as gold, silver and other commodities.

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