XIAM007 - Making Unique Observations in a Very Cluttered World: 08/02/11

Tuesday, 2 August 2011

GOP Website Shows "Obama's Last Day" as January 20, 2017 - and that the committee isn't conceding the 2012 election -

GOP Website Shows "Obama's Last Day" as January 20, 2017 - and that the committee isn't conceding the 2012 election -
Screen grab from GOP.com.

The home page for the Republican National Committee's website, GOP.com, implores people to "change direction" by contributing money to help regain majorities in Congress and elect a Republican president in 2012. But that it also includes a picture noting President Obama's last day in office as January 20, 2017.
That date would mark the end of a second Obama term if he was to win re-election in 2012, rather than January 20, 2013, his last day as president if he isn't re-elected.
An RNC spokeswoman tells Fox News the picture corresponds with a video on the same page showing what could happen if Obama was president for four more years and that the committee isn't conceding the 2012 election. And the photo does appear to be a frame from the video that the GOP says foretells what another Obama term would be like.
"The RNC is clearly not giving President Obama a free pass in 2012 - quite the opposite actually, we are aggressively showing voters what our country would look like after another four years of President Obama and his tax and spend policies that have done nothing to create jobs and leave us vulnerable to governments like China," said an RNC spokesperson in a statement.

Read more: http://politics.blogs.foxnews.com/2011/08/02/gop-website-shows-obamas-last-day-january-20-2017#ixzz1TvLCPLvo

Japan Disaster Sparks Demand for Air-Conditioned Clothes -

As far as summer fashion goes, clothes with built-in electric fans leave a little something to be desired.

But Hiroshi Ichigaya has managed to turn his breezy invention into the must-have item of the summer, thanks to sweltering temperatures and a power shortage stemming from the triple disasters that hit Japan in March. The founder of Kuchofuku, or "air-conditioned clothing" in Japanese, says sales for his clothes have increased 10-fold. Phones at his office haven't stopped ringing.

"People ask me, why would I want to wear a jacket when it's so hot," Ichigaya, a former Sony engineer, said. "I tell them, because it's cooler than being naked."

Kuchofuku jackets come equipped with a pair of battery-operated fans on the sides, which draw air in. Ichigaya says the constant breeze running inside the jacket helps evaporate all the sweat and creates a personal cooling system in the process. The goal is not to lower temperatures outside the body but expand the body's comfort zone, and eliminate the need for energy-consuming air conditioners, Ichigaya said.

Case in point: at Kuchofuku headquarters in Toda, outside of Tokyo, a thermometer shows the room temperature clocking in at a stuffy 88 degrees, with 59 percent humidity. Yet workers sit at their desks wearing Kuchofuku jackets without a bead of sweat in sight, the hum from the fans echoing in the background.
Read more -
http://abcnews.go.com/International/japan-disaster-sparks-demand-air-conditioned-clothes/story?id=14210492

Gingrich's campaign "Twittergate" - paid "agencies" to pull in many of the 1.3M people who follow Gingrich on Twitter -

GOP presidential candidate Newt Gingrich boasted to the Marietta Daily that he had "six times as many Twitter followers as all the other candidates combined." But that claim was followed by a story where someone described as a former aide contended that the campaign paid "agencies" to pull in many of the 1.3 million people who follow Gingrich's Twitter feed.

The article, which appeared Monday on Gawker, included the following anonymous quote:

Newt employs a variety of agencies whose sole purpose is to procure Twitter followers for people who are shallow/insecure/unpopular enough to pay for them. As you might guess, Newt is most decidedly one of the people to which these agencies cater. About 80 percent of those accounts are inactive or are dummy accounts created by various "follow agencies," another 10 percent are real people who are part of a network of folks who follow others back and are paying for followers themselves (Newt's profile just happens to be a part of these networks because he uses them, although he doesn't follow back), and the remaining 10 percent may, in fact, be real, sentient people who happen to like Newt Gingrich. If you simply scroll through his list of followers you'll see that most of them have odd usernames and no profile photos, which has to do with the fact that they were mass generated. Pathetic, isn't it?

Separately, an Internet search firm in New York called PeekYou said that a test it ran to evaluate the GOP 2012 candidates' followership confirmed the Gawker claim. Michael Hussey, CEO and founder of PeekYou, said on the company's blog Tuesday that the more accurate number of Gingrich followers was closer to 106,055. (Of course, the publication of the PeekYou Analysis in the aftermath of the Gingrich dust-up also served as a golden marketing opportunity for the company, which plans to sell its "followers report" as part of an Internet analytics tool set.)

A Gingrich campaign aide has denied the list-rigging claim, telling National Review Online that the story was "a false accusation which will hurt the feelings of 1.3 million people. #rude." He later issued a similar denial to other media outlets.

Pretty bizarre stuff - even at a juncture in American political life where the quotidian often resembles the surreal. At this point, it's hard to judge the accuracy of the claims made by the Gawker tipster, though it should be noted that Gingrich, who has used Twitter since 2009, is also listed on the service as a "suggested user," a high-profile category that pulls in a large number of followers.

Food Stamp Use Surges By Most In Years As Alabama Foodstamp Recipients Double In May - from 868K to 1.762M??? -

Food Stamp Use Surges By Most In Years As Alabama Foodstamp Recipients Double In May - from 868K to 1.762M??? -

It appears that GDP data revisions are not the only thing that the administration enjoys fudging with in order to make the Chinese ministry of Truth seem like a real ministry of truth. After last month the data for April food stamp recipients indicated the we may, just may, be reaching an inflection point in the foodstamp participation following a mere 60 thousand jump in those receiving Supplemental Nutrition Assistance Program (SNAP), today's just released data confirmed that the BLS and BEA may have had a hand or two when determining this latest data series. Because the just announced jump in foodstamp usage of over 1.1 million is entirely out of the blue, and as the chart below shows, is the highest single monthly jump in Foodstamp participation since mid 2009, when eligibility requirements were adjusted. Yes, that's 45.8 million people (obviously an all time record) living on foodstamps which amount to the whopping $133.80 per person (an increase of $0.54 M/M) and $283.65 (an increase of $1.29) per household. Obviously, annualizing the latest monthly rate of 1.1 million people, it means that over 13 million Americans will live on about one third what the cheapest iPad costs in about a year.

But wait, there's more. Digging into the numbers reveals something pecuiliar: virtually the entire surge in monthly SNAP participation is due to one state alone: Alabama, which saw those living on foodstamps jump from 868K to 1.762MM. Is this merely a grand rehearsal for the Jefferson County bankruptcy? Did the state see a mass surge in foodstamp use as hundreds of thousands are trying to game the system in advance of what will be an apic Chapter 9? And if yes, what does that mean for all the other states which will promptly follow in the footsteps of Jefferson County, and for US foodstamp participation?

Which begs the question: will Obama be the first president under whose rule total foodstamp usage hit 100 million? Surely, by then there will be a Nobel price for destroying one's middle class better and faster than any communist in the history of the world, so at least there will be something to memorialize it with.

Opponents Of Debt Hike to be Barred From “Super Congress” - to ensure unconstitutional body can fast track tax increases -

Senators who voted against the debt ceiling hike will be barred from being on the panel of the unconstitutional “Super Congress,” as the Washington elite ensures all roadblocks to crippling tax increases and other planned assaults on the constitution are removed.

According to The Weekly Standard, Republican sources have confirmed that the likes of Rand Paul, Jim DeMint and other fiscal conservatives will be dismissed as choices for the new super committee partly as a punishment for their failure to back the debt hike and most importantly to prevent any obstacles to the committee passing tax hikes and entitlement cuts.

“Excluding those who vote against the debt deal will ensure that some of the most fiscally conservative members of the Senate Republican caucus, including most of its freshmen, will be reading about the committee’s activities in the newspaper rather than guiding its decisions,” writes Stephen F. Haynes.

“Among those who have already declared their opposition to the deal: libertarian-leaning senators Mike Lee and Rand Paul; Jim DeMint, the aggressive fiscal hawk from South Carolina; conservative reformers Ron Johnson from Wisconsin and Pat Toomey from Pennsylvania; the ranking member on the Senate Budget Committee, Jeff Sessions; and Florida’s Marco Rubio, already one of the highest-profile conservatives in Congress.”

Ron Paul Sounds Alarm on “Disturbing” Super Congress - warns new all-powerful committee will ram through tax hikes -

Ron Paul Sounds Alarm on “Disturbing” Super Congress - warns new all-powerful committee will ram through tax hikes -

Congressman Ron Paul warns that the all-powerful new “Super Congress” created by the vote on the debt ceiling will be used to fast-track tax increases while concentrating more power over the nation’s purse strings in the hands of the Washington elite.

As we reported yesterday, the “Super Congress,” which was approved by the House yesterday and is set to be rubber stamped in the Senate today, will establish a new level of unaccountable government, and will strip elected representatives of the right to amend legislation or filibuster on whatever issues it sees fit, not merely limited to the debt situation.

This body will have “extraordinary new powers” to quickly force legislation through both chambers, including gun control, entitlement cuts and tax hikes.

In a statement made yesterday in response to the passage of the Budget Control Act, Congressman Ron Paul expressed his alarm at the establishment of this “disturbing” new committee, and warned that it would be used to ram through tax increases.

“The legislation produced by this commission will be fast-tracked, and Members will not have the opportunity to offer amendments,” said Paul. “Approval of the recommendations of the “Super Congress” is tied to yet another debt ceiling increase. This guarantees that Members will face tremendous pressure to vote for whatever comes out of this commission– even if it includes tax increases. This provision is an excellent way to keep spending decisions out of the reach of members who are not on board with the leadership’s agenda.”

Twitter Is Said to Raise $400 Million From Russian Billionaire Yuri Milner -

Twitter Inc., the biggest microblogging service, has raised $400 million in funding from DST Global, the investment fund led by Russian billionaire Yuri Milner, said a person with knowledge of the transaction.

The person declined to be named because the transaction was private. A Moscow-based spokesman for DST Global confirmed the deal and declined to comment on the amount.

Twitter is aiming to raise about $800 million in total and will use half the money to buy back shares from employees and backers, two people with knowledge of the plan said in July. The investment values the short-messaging service at $8 billion, the people said at the time.

The investment comes as the San Francisco-based company is trying to expand sales and competes for advertising dollars with larger rivals such as Facebook Inc., the world’s biggest social- networking service. Ad sales on Twitter may more than triple this year to about $150 million, according to research firm EMarketer Inc. By comparison, Facebook brought in ad revenue of $1.86 billion last year, EMarketer estimates.

“We have the opportunity to expand Twitter’s reach with a significant round of funding led by the venture firm DST Global, with the participation of several of our existing investors,” Twitter said in a blog post yesterday. “We will use these resources to aggressively innovate, hire more great people and invest in international expansion.”

Finally... The Trailer is Here! Preview the New AE911Truth Documentary: 9/11: Explosive Evidence – Experts Speak Out -

Stoned wallabies blamed for crop circles in Australia - getting stoned on poppy seeds and making crop circles -

Australian farmers say wallabies are getting stoned on poppy plants and making crop circles as they hop around in an opium-fueled stupor.

The bizarre behavior was reported to a state parliamentary hearing on the security of poppy crops in the southern island state of Tasmania, the BBC reported.

State Attorney General Lara Giddings said the furry marsupials were getting "as high as a kite" and running, or hopping to be more accurate, amok in the state's opium fields.

"We have a problem with wallabies entering poppy fields, getting as high as a kite and going around in circles. Then they crash," she told the hearing.

"We see crop circles in the poppy industry from wallabies that are high."

She said the phenomenon was "one interesting bit that I found recently in one of my briefs on the poppy industry."

About 50 percent of the world's legally-harvested opium, used to make morphine and other painkillers, is grown in Australia, the BBC reported.

Opium is derived from the black resin of the poppy flower. In a more refined form it becomes heroin.

Tasmanian poppy farmer Rick Rockliff said the wallabies were not the only party animals making headaches for producers.

"There have been many stories about sheep that have eaten some of the poppies after harvesting and they all walk around in circles," he said.

Retired Tasmanian poppy farmer Lyndley Chopping described watching wallabies, smaller versions of kangaroos, grazing in his field and then hopping away.

"They'd come back again and they would do their circle work in the paddock," he said, according to the Australian Broadcasting Network.

Rockliff said poppy seeds, commonly used on bread, were nutritious and harmless. It's the seed pods that contain alkaloids which might be intoxicating the wallabies, he said.

"They are, after all, a narcotic and ingested in big amounts it can have an effect," he said.

University of Tasmania animal welfare officer Barry Wells told the ABC said the phenomenon needed to be examined more closely.

But he agreed that if the wallabies are becoming addicted to poppies there would be changes to their behavior. "They might stagger about, they might walk in circles," he said.

But he also cautioned: "They might just be acting in what would appear to be a lethargic way and certainly out of character from what you would expect with wild wallabies."

India's injectable vasectomy - Birth control for men just took a giant step forward -

About 400 years ago, a bright spark came up with the idea to sheath his sword in a piece of sheep's intestine.

And the condom was born.

Since then, male birth control has mostly been tinkering with this initial design. Until now.

After a more than 30-year struggle, an unassuming Indian engineer named Sujoy K. Guha is on the brink of what could well be the most revolutionary contraceptive technology since the pill — and this time it's for men.

Called RISUG, which stands for "reversible inhibition of sperm under guidance," it essentially offers men a surgery-free, injectable vasectomy, which is good news in itself.

Better still, research on animals, including monkeys, has shown that this vasectomy is easily reversible. So what you get is a one-time, hormone-free sperm blocker that you can turn off whenever you want.

The impact could be huge for India, where sterilizationis still the most often used method of birth control.

The numbers say it all. Today, only 3 percent of women are on the pill and 5 percent of couples use condoms. Meanwhile, some 37 percent of women undergo the comparatively dangerous tubectomy operation, while only 1 percent of men get vasectomies.

No wonder the drive to convince men to getconventional vasectomies is so intense that states like Rajasthan have offered cars, motorcycles and TV sets — not to mention gun licenses — as incentives to undergo the procedure.

Stephen Hawking tackles Creation on 'Curiosity' -

Stephen Hawking tackles Creation on 'Curiosity' -

mothernaturenetwork:

Stephen Hawking to launch new Discovery seriesWorld’s most famous scientist to tackle the question of creation on ‘Curiosity.’

mothernaturenetwork:

Stephen Hawking to launch new Discovery seriesWorld’s most famous scientist to tackle the question of creation on ‘Curiosity.’

The most famous scientist in the world, Stephen Hawking, has never avoided the big questions, from the nature of time to the fate of the universe.

But that was just a warm-up. Now he is squaring off with God.

Hawking will kick off Curiosity, the Discovery Channel's weekly look (Sunday, 8 p.m. ET/ PT) at what research says about life's big questions. It starts on Aug. 7., with an epsode entitled, "Is There a Creator?" Afflicted with a form of amyotrophic lateral sclerosis (Lou Gehrig's Disease) while young and now paralyzed, Hawking speaks with the aid of a voice synethesizer, and a narrator on the show.

"I recently published a book that asked if God created the universe. It caused something of a stir," Hawking, 69, begins on the episode. (The "stir", in fact, was religious leaders denouncing his book's conclusion that God was unnecessary to the universe.) On the show, he takes viewers on a walk through humanity's history of appraising our place in the universe, from Vikings facing down eclipses to the laws of modern cosmology, which explain the origin and structure of universe. "I believe the discovery of these laws is mankind's greatest achievement," he says.

Much of the show revolves around themes from last year's look at the cosmos, The Grand Design, written by Hawking with physicist Leonard Mlodinow. Pictured on the cover of the Oxford Dictionary of Scientists withAlbert Einstein and Marie Curie, Hawking is scientifically best known for "Hawking radiation," his revelation that black holes are hot (or very cold for the big ones) and small black holes rapidly radiate away their heat to finally evaporate.

GM’s EN-V, or Electric Networked Vehicle - zero-emission pod - uses GPS satellite signals to steer you around -

GM’s EN-V, or Electric Networked Vehicle, an autonomous pod-shaped car, would be able to use GPS satellite signals to steer you and a passenger anywhere within a 25-mile radius at a top speed of between 25 and 30 miles an hour. And there have been rumors that the car is gearing up for production. But if you’re waiting to get your hands on the zero-emission pod, here’s a message from GM: Don’t hold your breath.

“We have no plans to . . . bring it to life as a production model,” said GM’s spokesman for R&D and powertrain, Dan Flores. According to Flores, the EN-V is “purely a concept vehicle.”

“We, as an automaker, want to continue selling products around the world,” he said, going on to reference the fact that GM now sells more cars to foreign consumers than to domestic ones. The EN-V is powered by a lithium-ion battery and was created at GM’s Technical Center in Warren, Mich. It was unveiled last year in Singapore.

“It’s actually designed with the intention of helping a real-world problem — that is urban congestion,” said Flores, referring specifically to the congestion found in mega-cities such as New York, Mumbai and Shanghai. “Essentially EN-V is us thinking out loud” about how to address urban traffic.

GM hopes to begin field trials in the next two to three years. However, current GPS technology is not sophisticated enough to accurately steer the car.

Aside from the need for an improved GPS grid, cities would need to commit to a large infrastructure investment before the EN-V could be considered for wider adoption. Flores noted that, in light of this, the EN-V was likely to be more easily adopted in emerging markets where city infrastructure is being built from scratch.

Hanging of 'Truck Nuts' Grows into a Free Speech Debate - 'Don't touch my junk,' is taking on new meaning -

Hanging of 'Truck Nuts' Grows into a Free Speech Debate - 'Don't touch my junk,' is taking on new meaning -
trucknuts

'Don't touch my junk,' is taking on new meaning.

"Truck nuts," fake bull testicles made of plastic or metal that drivers hang on the back of their pickups to make a truck look more manly, have been around for years. Some find them funny, while others find them offensive, prompting at least three states to try to ban them -- unsuccessfully.

But a recent case in South Carolina is fueling debate over whether these ornaments violate a state's indecency laws and if attempting to regulate them infringes on freedom of speech.

On July 5, Virginia Tice, 65, from Bonneau, S.C. pulled her pickup truck into a local gas station with red, fake testicles dangling from the trailer hitch. The town's police chief, Franco Fuda, pulled up and asked her to remove the plastic testicles. When she refused, he wrote her a $445 ticket saying that she violated South Carolina’s obscene bumper sticker law. The South Carolina code of laws reads, “a sticker, decal, emblem, or device is indecent … in a patently offensive way, as determined by contemporary community standards, sexual acts, excretory functions, or parts of the human body.” Tice lawyered up and said that she was preparing to challenge Fuda in court. But before she could ask for a jury trial, Fuda, in a rare move, beat her to it. Fuda says he is pushing for a jury trial and hopes the outcome will clarify the state’s obscenity laws, leaving no room for misinterpretation. “The law is very clear, and I am prepared to take it all the way,” Fuda told FoxNews.com. Scott Bischoff, Tice’s lawyer, says his client is not bowing down because “this whole thing was caused by the arresting officer, who is arbitrarily interpreting a statute incorrectly.” Bischoff will argue whether these large, red, plastic testicles are “really an accurate depiction of a human body part.”“He is nuts,” says Jay Bender, a lawyer and professor at the University of South Carolina, referring to Fuda and his interpretation of the law. Bender says although tasteless and stupid, they are not illegal, and adds, “Chief Fuda is abusing his arrest powers.” He says the statute is very clear about what material is obscene and “it doesn’t have anything to do with artificial bull testicles.” David Hudson, a First Amendment attorney and scholar, says laws banning these types of decals, emblems or bumper stickers are problematic, but often someone just hasn’t challenged them. Hudson believes Tice and her lawyer can make a good case the South Carolina law is “unconstitutionally vague and unconstitutionally board, and it violates the First Amendment.” In the past, lawmakers in Tennessee, Virginia, Maryland and Florida have proposed legislation to ban these types of decals and other explicit bumper stickers. Hudson detailed many cases where law enforcement officials cited individuals for the content of their bumper stickers, and in the majority of those cases, a judge tossed them out because “the First Amendment protects a great deal of offensive expression.” Hudson also cites the Supreme Court’s opinion that “the government may not prohibit the expression of an idea simply because society finds the idea itself offensive or disagreeable.” Even though the attempts to ban "truck nuts" have been unsuccessful, customers are still leery about their legality.

Read more: http://www.foxnews.com/us/2011/08/02/hanging-truck-nuts-grows-into-free-speech-debate/#ixzz1TtAoKHqJ

End Times? Texas Lake Turns Blood-Red -

OC Fisher, a reservoir in West Texas

, turned blood-red in recent weeks — what's left of it anyway. Due to unrelenting drought in Texas, the lake has almost entirely dried up, leaving thousands of dead fish behind. As of the last week in July, when this photo was taken, bacteria had turned the stagnant dregs of the lake red.
CREDIT: Texas Parks and Wildlife

Inland Fisheries--San Angelo

View full size image

A Texas lake that turned blood-red this summer may not be a sign of the End Times, but probably is the end of a popular fishing and recreation spot.

A drought has left the OC Fisher Reservoir in San Angelo State Park in West Texas almost entirely dry. The water that is left is stagnant, full of dead fish — and a deep, opaque red.

The color has some apocalypse believers suggesting that OC Fisher is an early sign of the end of the world, but Texas Parks and Wildlife Inland Fisheries officials say the bloody look is the result of Chromatiaceae bacteria, which thrive in oxygen-deprived water.

Seven startling things most people still don’t know about the national debt, banking and the money supply -

Most people, even smart people, know surprisingly little about the way money really works in Big Government. With the debt ceiling fiasco suddenly raising awareness of the possibility of a total global financial blowout, now seems like a good time to remind people of seven disturbing facts about money that are almost never acknowledge in the old media.
Fact #1 – There is no FDIC insurance fund.
The money at your bank is insured against loss by the FDIC’s insurance fund, right? Nope. That’s total fiction. There is no actual money in the fund. The FDIC insurance money has already been looted by the U.S. Treasury which has simply replaced the money with a bunch of IOUs.
Why does this matter? Because it means that if the U.S. government goes into default, so will the FDIC! And that means all your bank funds have zero insurance. That’s gonna be a big shock for tens of millions of people when they finally figure this out one day…
Fact #2 – There are no social security funds, either.
When you pay social security taxes, all that money goes into a trust fund that’s held for safekeeping until the day it pays you back, right?
Ha! That’s the “sucker’s view” of social security that only ignorant people believe. In reality, there is no money in the social security trust fund because it too has all been looted by the U.S. Treasury and spent. In truth, social security is already broke. Can’t wait for people to wake up and figure this one out, either…

Fact #3 – The U.S. Treasury is stealing money from you every day, even if you pay no taxes!
Here’s a mind-boggling truth that most people just can’t seem to get their heads around: The U.S. Treasury is stealing money from you every single day by the simple fact that they keep creating new money and handing it out to wealthy banksters. Well, technically this is being done by the Federal Reserve, which isn’t even part of the federal government. But it’s all done in cahoots with the Treasury, which is eroding the value of your money through these money creation and distribution actions.
That’s why prices keep going up all around you, folks: Food isn’t suddenly worth more money; the truth is that your money is worth less! That’s how the Treasury and the Federal Reserve steal from you without even breaking into your home.
Probably 99.9% of the population has no understanding of this phenomenon — the erosion of currency valuation through the centralized government printing of more currency. And yet it is a government scam that has been carried out against citizens of the world time and time again, spanning millennia! As history has clearly shown, every nation that goes down the path of printing more currency to pay its bills eventually ends up in a runaway hyperinflation scenario followed by economic collapse. The USA will be no different.
Fact #4 – The “balanced solution” isn’t balanced.
Don’t you love the quirky White House Press Secretary who keeps spewing out the phrase “balanced solution” even while the debt deal leaves the U.S. budget entirelyunbalanced?
When you’re spending more money than you’re earning, that’s not financial balance. When the White House says “balanced” what it really means is “compromised” — as in, half way between the Republican position (spend us into purgatory) and the Democratic position (spend us into oblivion). Neither party has any real solution to the cancerous growth of Big Government. That’s because they are creatures of Big Government!

Politicians can no more solve the problems of Big Government than arsonists can solve the problem of office fires. Because they are, themselves, creatures of runaway debt spending (how else do you get elected these days?), they simply do not possess the cognitive framework from which real financial solutions must stem.
Fact #5 – The government is going to steal everything from you before it collapses
Oh my, this is a tough one for people to get their heads around… especially those who naively trust governments to act in the interests of the People. The simple truth of the matter — and I’ve publicly made this prediction before — is that the government is going to STEAL almost everything you own as it heads toward a total financial implosion. This will include:
• The government theft of private retirement accounts. The feds will claim they’re taking them over “for your protection.” Yeah, right. And then one day they will simply all vanish. Kiss your IRA goodbye…
• The government theft of precious metals. Within the next 3 years, watch for a national emergency to be declared, followed by government confiscation of gold and silver. The feds will take your gold and hand you paper money in exchange. The paper money, of course, will be all but worthless shortly thereafter. Only the suckers, of course, will actually turn in their metals…
• Government takeover of your bank accounts. As banks begin to fail in the big collapse, the government will step in and take ownership of the failed institutions, just as it did with Fannie Mae and Freddie Mac (which used to be publicly-owned companies but are now largely just government finance operations). This will put your bank accounts under the direct control of the White House, which can useexecutive orders to do things like banning all wire transfers out of the country or limiting daily withdrawals and transfers. Sure, you’ll still “own” your money in the bank, you just won’t be able to freely access it!
Fact #6 – Most people have no idea about fractional reserve banking, derivatives, the money supply or the Federal Reserve
It’s not just that most people don’t understand banking and finance; it’s that evenmembers of Congress have no idea how all this works. With few exceptions (like Ron Paul), they’re just clueless!
Get this: Even most bankers don’t even know how fractional reserve banking really works. They don’t understand derivatives, either, which is why they screwed them up so badly in the housing boom that crashed in 2007. And because bankers, investors and bureaucrats have no idea how it all works, they unwittingly turn it all into a runaway catastrophe.
Allowing ignorant adults to play with debt and derivatives is like letting infants play with nuclear weapons. It can only lead to something messy.
Fact #7 – Most people are betting their lives on the dollar
People buy insurance for their cars, their homes and even their health. But when it comes to money, 99 out of 100 people in America are betting their entire financial existence on the U.S. dollar! They get their paychecks in dollars, their savings accounts are in dollars, and all their assets are denominated in dollars. As a result, they have no diversity to protect them against dollar devaluation.
That’s kinda crazy, considering just how quickly the dollar could collapse in the near future and become totally worthless. That’s why smart people are diversifying their assets and converting dollars into land, gold, silver or even storable food. Here in central Texas, even ammunition has a long-term barter value that far exceeds dollars.
Looking around at the financial behaviors of others, I’m just stunned at how many people are betting everything on the dollar because they never realized they had any other option (that’s the way the government likes to keep it, of course!).
Coming soon: A huge national finance education of the masses
Mark my words, folks: The great financial collapse of America is now closer than ever. While I can’t put an exact prediction date on it, there’s absolutely no doubt that it’s coming. The morons in Washington aren’t doing anything to avoid it, either — they’re all just cashing in as much as they can before the big collapse rolls in.
Bunch of cowards and crooks running this country. They don’t understanding banking and finance, and they’re determined to make sure you don’t either. Because the less you know about what’s really going on, the longer they can continue to loot the U.S. economy while people stand around and do nothing.
How bad is the situation, really? Just yesterday, Vice President Joe Biden called Congressional Tea Party members “terrorists” for their insistence that the U.S. budget be balanced. So now, the mere idea of calling for a balanced budget turns you into a “terrorist” to be prosecuted under the Patriot Act.
And why not? Demanding financial sanity MUST be labeled an act of terrorism for our criminal government to continue its own criminal looting operation. Next we’ll probably see the President ordering the arrest and prosecution of any members of Congress — i.e. “terrorists” — who do not go along with unlimited increased in the debt ceiling.
Now you see what the terrorism laws are really all about: They are legislative weapons to be used against political enemies, not actual terrorists. Meanwhile, Big Government is technically engaged in the use of financial weapons of mass destruction against the People, yet no one notices.
A bizarre world we live in, folks. It is dominated by the mindless masses and run by criminal sociopaths. Those who demand real solutions are labeled terrorists, and those who try to explain all this to everybody else are labeled “alarmists.”
Just wait until this house of cards collapses, though. There will be a day of reckoning in which a whole bunch of apologies will be owed to all those people who tried to warn the nation what was really happening (and where it would lead us).

Read more-
http://www.naturalnews.com/033207_national_debt_inflation.html