The USA suffered another defeat, in fact, several in the the month March. The items that stuck out as the most damaging was the theft of value from the US Dollar when a deal was struck on a Sunday to allow Federal Reserve member Bank JP Morgan/Chase to not only acquire Bear Stearns for a song (about $2 a share). This was only the beginning. Then the banks printed up a few billion to cover the bad mortgages or as they put it "the less liquid" assets making up the Bear Stearns debacle. It's a pretty basic argument in economics and few seem to realize it. Supply and demand drives prices and value in a free market. If I have one apple and its the only apple in the world, it's worth millions. If I have an apple that is one of millions, it's not worth much at all. So goes the value of the United States Greenback.
The theft of the United States of America continues as the United Corporations of America chip away at the dollar and the freedoms of its citizens. The meltdown of the US Economy draws closer...when the US Dollar finally reaches the bottom, when the corporations and the banks have swallowed up the smaller "fish" for pennies on the dollar, when the introduction of the new continental currency is introduced, it will end one era and begin another stage in the plan.
Add to this drama the introduction of the Secretary if The US Treasury and his plan to give even more powers to an already unconstitutional and illegal Federal Reserve Bank. The money police are coming compliments of Bernake and his buddies at the Central Bank. Take heed reader. Knowledge is the power to position yourself to thrive in an unfriendly world.
Please enjoy this month's Distant Shore Ezine
MC Kopfer
Publisher
Distant Shore Ezine
