Right On The Money

Robert MorleyColumnist

Right on the Money

October 20, 2009 | From theTrumpet.com

Do you remember the following words? They are coming true before your eyes today!

Robert Morley

“Can you realize how fast events are happening in the world?

“You have seen that the U.S. dollar—long thought of as the stablest currency in the world—is in immediate jeopardy of being devalued!

“That means that it will take you more dollars to buy the same amount of imported goods. If the dollar is devalued, inflation will almost surely result—and eventual economic collapse for the United States.

“Those of you who truly believe the prophecies of your Bible know such economic collapse is prophesied to happen!

“And now, in almost daily news, comes the frightening development of a rush on gold …. What does this all mean? It means that at any time now, you could suddenly awake to find you have only about half the ‘money’ you thought you possessed—or that your purchasing power has been drastically reduced, overnight!

“Should the dollar collapse, it could well mean a repetition of the disastrous depression that strangled the economic world in 1929!

“The final crisis is fast descending upon us.”

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The Economic Recovery Is An Illusion

The Bank for International Settlements (BIS) Warns of Future Crises

by Andrew Gavin Marshall

War is Peace, Freedom is Slavery, Ignorance is Strength, and Debt is Recovery

In light of the ever-present and unyieldingly persistent exclamations of ‘an end’ to the recession, a ‘solution’ to the crisis, and a ‘recovery’ of the economy; we must remember that we are being told this by the very same people and institutions which told us, in years past, that there was ‘nothing to worry about,’ that ‘the fundamentals are fine,’ and that there was ‘no danger’ of an economic crisis.

Why do we continue to believe the same people that have, in both statements and choices, been nothing but wrong? Who should we believe and turn to for more accurate information and analysis? Perhaps a useful source would be those at the epicenter of the crisis, in the heart of the shadowy world of central banking, at the global banking regulator, and the “most prestigious financial institution in the world,” which accurately predicted the crisis thus far: The Bank for International Settlements (BIS). This would be a good place to start.

The economic crisis is anything but over, the “solutions” have been akin to putting a band-aid on an amputated arm. The Bank for International Settlements (BIS), the central bank to the world’s central banks, has warned and continues to warn against such misplaced hopes.

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Stay out of the illusion and subscribe to the monthly Global Governance newsletters. Invest in today's analysis for tomorrows decisions. - Johnny

UN calls for sweeping new "Bretton Woods" system

October 30, 2008

UNITED NATIONS—Diplomats and economists are pressing for new global financial rules, seeking an update of the World War II-era system created at New Hampshire's Bretton Woods.

For source

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The #1 Reason To Say No To Global Governance: Global Central Bank Corruption, Fraud And Abuse With No Accountability

As Catherine Austin Fitts Has Said, Echoed By Michael Ruppert, Aaron Russo, Ron Paul, Myself and Others, Until America Changes The Way Money Works, You CHANGE Nothing! Abolishing The Federal Reserve Is How You Cut The Head Off This Beast! There's Still Time. Start Asking Them The Right Questions! - Johnny

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Global Financial Crisis: Does The World Need A New Banking 'Policeman'?

With war raging across the globe in July 1944, ministers from all 44 Allied nations met at the imposing Mount Washington Hotel in Bretton Woods, New Hampshire, to thrash out a set of rules that would govern world finance once Hitler was defeated.

By Gordon Rayner, Chief Reporter
Last Updated: 1:36AM BST 08 Oct 2008

Knowing that greater international trade would help to prevent future wars, and determined to avoid another Great Depression, the delegates signed the Bretton Woods Agreements, creating the International Monetary Fund and the World Bank. It was a big vision, driven by grand historical figures: Winston Churchill, Franklin D Roosevelt and the British economist John Maynard Keynes.

But a system that was designed 64 years ago has, not surprisingly, proved ill equipped to deal with the fiendishly complex practices of 21st-century banking that led to the current worldwide crisis.

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