Tag: Video Page 6 of 10
I listen to Glenn Beck occasionally and think he comes unhinged a lot. And I obviously don’t agree with his assessments concerning “faith” in these videos. But these are absolutely valid questions and concerns he raises, many of the same one’s I have based on a lot of the same evidence and information I have been researching as well. And it has zero to do with race … good grief, come on MSNBC.
This couldn’t be any more prescient:
Interesting quotes by Norman Thomas, six times candidate for President under the Socialist Party ticket, one of which is mentioned in the audio above:
“The American people will never knowingly adopt socialism, but under the name of liberalism they will adopt every fragment of the socialist program until one day America will be a socialist nation without ever knowing how it happened.” – Norman Thomas, 1927
“I no longer need to run as a Presidential Candidate for the Socialist Party. The Democrat Party has adopted our platform.” – Norman Thomas
Jim the Realtor driving around Oceanside, CA, showing the rate of commercial foreclosures in the area.
As it was said on the Naked Capitalism blog entry pertaining to this testimony, “Bernanke basically stonewalls and refuses to offer reasonable explanations. Not sure if he is treating the Congress as stupid or not entitled to know, but he backs himself into a real whopper with his non-defense defense (see 2:55 to 3:20).”
In answer to the Congressman’s question about who gave the Federal Reserve the authority to lend a half a trillion dollars to foreigners, Bernanke responds that it was enacted in the Federal Reserve Act of 1913. Basically what he’s saying is we can do what we want, lend money to whomever we please, and all this without any true approval from the Senate, which is exactly what has been happening since the fall and even before that.
Basically, when you get down to it, if you are of the persuasion that we’ve just recently lost our economic rights, you’re mistaken. We lost those rights almost a century ago through the groundwork that was laid in the Federal Reserve Act. It gave power to this super bank, or Bank of banks, who could then later use that power in any way it deemed fit. Bernanke’s rebuttals make that clear. They are acting without the authority of the people, in contradiction of the Constitution.
Quite keen insight. He was laughed at by most of the people on these shows … “A prophet is not without honor except in his hometown and in his own household.” No one wanted to hear it. And articles like this really should make you take a step back and listen: Fiscal ruin of the Western world beckons … I’m starting to wonder if people really understand how bad off things really are.
Update 8.1.2009: and this prophetic warning from a proven trends forecaster does not bode well for the US … The Collapse of `09.