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Bob Chapman's Friday Economic Report: Failures In Money Control Becoming More Obvious 1/3

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Uploaded by on Sep 24, 2010

Alex also talks with regular guest Bob Chapman of the International Forecaster about the economy and other issues. Alex covers the latest news and takes your calls.
http://theinternationalforecaster.com/
http://www.infowars.com/
http://www.prisonplanet.tv/ [[ Failures In Money Control Becoming More Obvious] ]

As quantitative easing again gets underway the failure of QE1 becomes more obvious. The crisis worsens and the illusion of any recovery is light years away. Over the past three years almost $13 trillion that we know about has been thrown down a rat hole to bail out banking, Wall Street, insurance and selected elitist entities. The dollar figure is probably much higher. We will never know, because the privately owned Federal Reserve makes its own rules. Everything they do is a state secret. The five successful quarters were only a mirage. The funds have been vaporized among lending and financial institutions worldwide. There has been no accounting and there never will be as long as the Fed is not audited and investigated. We are in an inflationary depression and have been since February 2009. Massive injections of liquidity do not work, nor have they worked for centuries under these conditions. You cannot resurrect an insolvent country in a system that is corrupt. The controllers of the US economy are about to lead the American economy and financial structure into a great dark pit. The US and the world is soon to face a global breakdown deliberately engineered by the forces of darkness.

As usual the Fed was late in applying remedial therapy and that will prove costly. The funding of US debt by foreigners has become very costly and some are jumping ship and some are even using their dollars to buy gold. The game is changing, but will other countries risk a worldwide collapse by not rescuing the US economy? We don't know but it doesn't look promising. Monetization is coming and most nations are frozen in the headlights. Washington and NYC have applied pressure over and over again, but their arrogance has not gone unnoticed. There is a pretense of control as unemployment climbs and stability comes more into question. Headlining unemployment, U3, at 9-3/4% is dumb, when anyone with any sense can see U6 and the bogus birth/death ratio. Yes, unemployment is 21-5/8% and for those who want to see the truth it is visible worldwide. Real estate continues to descend, as the consumer reduces debt and consumption.
http://theinternationalforecaster.com/International_Forecaster_Weekly/Failure...

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  • Al Gore disliked this video.

    he wants you to focus on "global warming," not a REAL issue like THIS.

  • A word to the wise is sufficient.

    Commodities are the only things that will be worth anything in a meltdown. Food, water, guns and ammunition, gasoline, propane, generators, (gas, windmill, solar) etc.

    Most of you out there are like me in that we don’t have money to buy gold after taking care of the above *essentials*.

    Physical possession of gold and silver in large quantities puts you, your loved ones, and your neighbors at sever risk.

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  • Alex you need to cover this serious issue: Bob Chapman looks like Tim Kazurinsky!!!!

  • What a society! wealth, by gambling, and manipulation.... nothing to do with production or service... madness! It must come to an end sometime...).. some other planet maybe. ..)..Alex, what do you know re: the latest , in a related subject of "dead peasants insurance policies " the perfect example of decadence, when all persons are considered as commodities.,

  • @jimbobubbadj well im not american im canadian.....but actually believe it or not i hate it when the us economy fails....and i hate it when the $ turns into that ...strong usa is good for everyone...and i really dont know why both parties present people like obama and mc cain...i mean mc cain didnt have carizma...was so old..the guy was made to lose...obama doesnt have any remarkable history or anything special all he had was a weak oppopnent and some good speach skills and a black color

  • @karimrakha The USA does "elect" these idiots. IMHO, the elites arrange for us peons to pick from several of their choices. Obama and McCain are great recent examples of this. 

  • they are too much chickens to raise taxes or even keep them....so they go for lower taxes....and devaluate the $ thats the invisible tax.....that everyone is just ok with....or at least wont fight against.....wake up people.....they tax u really hard .....without taking $s from u....they take the value form the $

    and then mr obama says we eliminate tax.....and re elect me please will u!!!!!!

  • @jimbobubbadj  please do it for heavins sake......ur a democratic country.......why do u elect these people....why are they in power.....no one wants the fed other than obama....wall street and burnake!!!!!!!

  • @KevinMerck ; I see your point about gold v. actual usable goods. For a brief time however, physically held gold is one way to preserve the buying power of money. We'd better have our finger to the wind though. Sell too late and an ounce could be worth less than a can of tuna, a seed, or a bullet. Everyone should own a good cross-bow, good hunting knife, basics, in addition to food, etc.

    God Speed! Down with the NWO!

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