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“ IF, YOU are reading this, Then you are The Patriot America has been waiting for ”

Prologue:

Ever since I finished my second book on fiat money, back in January 2007, I admit to a dark change in any dynamic I employ for analysis.

The short of it? Debt creation and financing now is so fluid, so huge and so fast; I do not believe in actual static economic models. Yes labor numbers, GDP growth, consumer price index all still matter. Yet an un-hinged debt spiral upwards equals a near implosion for working class standard of living.

The real real short of it? I think professionally trained economists that say for sure where we are headed, are nothing but whack-jobs.

The political/economic darkness of currencies being rearranged into a global pyramid of lies, is nearly complete. What follows is a national breakdown in America, as to how it affects states, industries and regions. What follows is a brutal telling but, the truth remains the truth.

There is an interesting segment in FED history from 1914 to 1928. Though there was a controlling board of governors in DC, the real FED power was headquartered within the President of the federal reserve bank of New York. Benjamin Strong headed the FED bank for 14 years. He was the most powerful man on the planet during the 1920s. He died while still at the New York FED in 1928, due to poor health, as he struggled to keep the world from splintering.

Which remains an interesting paradox, since it is debt-based fiat money of the FED, that caused, is causing and will continue to cause the world’s splintering. I know CNN doesn’t see it that way, nor FOX news, but remember what I’ve said about all those high paid economists and their 45 second sound bites.

After Strong’s death, central power of the FED quickly moved to DC’s board of governors, as there was no force of personality like Strong to fill the New York void.

Folks let me break it down, you will NEVER learn this in any college economics’ or banking class. Yet that small piece of FED history remains pivotal to a growing desire for an international banking/governing body.

The FED would now assume a DC political role as well, and become a dominant player inside the beltway.

Fiat Money verses Legal U.S. Notes:

This is a point I never tire of revisiting from a different angle.

You know there will never even be competition between a debt based currency and one backed by gold or silver.

Federal Reserve Notes only have value because the FED and the federal government assign value to them, and force you to use, under penalty of un-Constitutional laws. We have a term for this, its called SLAVERY.

Anyone thinking that is to harsh needs to read my book and also read “The Creature from Jekyll Island.”

The mechanics and hydraulics that govern a worthless fiat money system will eventually come home and call in the debt. Anything that is worthless will destroy everything of real value.

This is where America is right now, with employing a fiat money system. Quick Timeline:

- 1914, Federal Reserve starts issuing Federal Reserve Notes to buy up government debt.

- 1917 to 1924, Money supply is doubled, causing inflation and wholesale devaluing of the dollar.

- 1969 to 1974: The level of federal reserve notes in the monetary system forces the actual change and eventual elimination of the gold standard.

- 1971 to 1974: The money supply is doubled.

- 1985: America goes from being a creditor nation to debtor nation.

- 2002 to 2010: Communist China becomes the single largest foreign financer of our federal government’s debt and annual deficit. My God America! ! ! Stop and let that soak in.

- 2008 to present: The federal government’s debt officially hits 100% of our GDP. Factoring long-term debt obligations, legacy costs for Medicaid and social security, America is now bankrupt. Every single moment of every day from this point forward, The U.S. Dollar is actually being debased.

America has already gone over the economic cliff and has taken the U.S. Constitution with it.

Right Here, Right Now:

This is where we are, on October 24, 2010 11:04am EST.

International bankers and global power brokers around the world rejoice!

Federal government dent, federal government deficits and a destroyed U.S. Dollar affect everything at the levels below it. Our States are hooked on federal government money, our regional stance in the world is half what it used to be just 30 years ago and our industries are dying. These are the direct effects of fiat money.

Every state in the union needs billions upon billions for infrastructure repairs, there is no money. Every industry in America has been hit by 1800% of inflation since 1971, thanks to the gold standard being eliminated. And our region here in the Americas? Canada is now considered a better place to do business than America, thanks to the federal government willfully breaking corporate contracts. I would call this a perfect storm of economic devastation.

Publisher’s Notes:

Currency Wars part 5 is going to be bumped. I want to try and do something a little different for the day after the election. Hopefully I have it ready by then, It will be different, as FRN continues to try and facilitate national dialog on a higher level than the media.

I also am planning something special on Gold and Silver purchasing, I just don’t know what yet. So expect that in a month or so.

IF, YOU are reading this, Then you are The Patriot America has been waiting for . . . .