Standard & Poor's and the Dollar: The Move to a World Currency
There is only one antidote: Congress must take over and nationalize the FED now, arrest its leaders (if they can be found) and charge them with sedition. For this to happen, you and I must take over Congress and throw out 75% of its members, plus The Outfit's agents hidden among the White House staff. Ask God if this is possible. Your alternative is financial slavery to the Outfit's world system that you can neither define nor comprehend.
Standard and Poor's is not alone, is far from being independent, and is anything but respected. On Friday, August 5, it announced it was down-rating the US government debt. This precipitated a two day stock market tsunami of liquidation until Tuesday afternoon August 9. Then Federal Reserve Bank figurehead Ben Bernanke announced an unprecedented promise that the FED would guarantee to keep interest rates at near zero through 2013. This is like guaranteeing farmers what the weather will be! It is a gift to the banks that can now plan on free money for nearly three years!
The American people do not get free money, they must continue to borrow from Wall Street at bank rates. They also receive almost nothing on their savings at the banks who now charge just to keep your money. It is no surprise The FED's words brought a wild recovery to the stock market. Banks will now borrow neat free money from the FED, and what is to prevent them from buying stocks to hold through 2013 without dime of there own capital.
The problem is that this Bernanke scheme sets up the chess board for the sure and total demolition of the dollar in world markets. Two and a half years from now the Dollar will look like ground zero at the World Trade center...ashes. There is no way to predict how high consumer prices will go!
Standard & Poor's is an integrated part of the Wall Street money laundering and marketing team. It acts as the confidence, or PR man for securities salesmen, playing "mirror, mirror on the wall, who’s the fairest of them all," with hundreds of companies and municipalities who want to monger securities to the public pension plans and mutual funds. Most of us own these our 401-K. S&P legitimizes bond and stock sales by rating the issuers.
It, along with Moody's and Fitch, rate everything under the sun for a fee, paid for by the organization being rated. It is a 100% conflict of interest. Raters operate within this Wall Street code of non-ethics, which seems to mean anything for a price. In the years leading up to the 2007 mortgage crash, S&P rated a swarm of schlock mortgage securities, each one manufactured from an overflowing bin of dubious mortgages, issued by banking giants, including Bank of America, Lehman Brothers, Merrill Lynch, AIG and Goldman Sachs. Most of these collapsed in spite of their lofty ratings. Nearly everyone but Bernard Madoff got a top rating from S&P for a fee, and Madoff probably did not ask, else he, too, would have been wearing a triple-A stamp as he marched off to prison.
S&P's rating of the US debt means nothing because the U.S. has a franchised central bank, owned by bankers who I will call "The Outfit." It has the power to print all the money it needs. How can a country default, if it can print its way out of any debt?
Printing dilutes our money. Big government never defaults on debts; they just replace the worthless money it has destroyed with a new piece of paper money. European governments have done this dozens of times.
Standard and Poor's, like Goldman Sachs, JP Morgan, Fannie Mae and more, all take their cue from The Outfit. I do not mean Ben Bernanke, but those who run the FED and who own most of our Congressmen. They are silent and invisible figures, above it all. They have names, but they are too big to join clubs or sign documents.
I don't know the names of The Outfit's kingmakers, and I don’t know what they look like any more than I know what God looks like. But I know both God and the kingmakers are there. I can name their acts and feel their breath. God gives for the taking all he has made; the kingmakers take all God's gifts from us without conscience, leaving children in rags.
The Outfit's kingmakers put Standard and Poor's up to downgrading the U.S. on Friday night in front of the whole world. They also put Ben Bernanke up to his outrageous promise that will save the stock market, but destroy the dollar for all time.
The Outfit's acts will not only destroy the dollar within just three years, but it will force every country capable of printing unlimited money to either accept a bitter recession or join in destroying its own currency in harmony with the U.S.
All who refuse to cast their currency into the trash bin will find their goods and services priced out of the world market, with fewer buyers today, and bitter recession tomorrow. A rising currency means fewer exports. Falling currency means rising exports but higher prices for the folks at home, and the destruction of middle class savings. Americans will pay more for everything they consume because the dollar will be worth much less.
The ultimate scheme
Most of the world leaders quickly chose to start printing by Monday morning. Others, including China, held meetings. If S&P has, indeed, simply carried out a task in a greater plan, what is that scheme? No one at The Outfit called to tip me off what to expect next, but there is only one logical answer: The Outfit's next phase of the deliberate dollar devastation will be to attempt to install a world currency to replace the Dollar, Euro, Yen, Pound and the currency of every other country that will bow to the will of the Outfit.
This is how the Euro came to be, and every one of the 20 or so members have agreed to allow the European Central Bank to do the printing for each and dictate each member's financial policy. The EU Central Bank dictates how much printing press loans each country will be given to meet its needs. They can borrow but they can not print.
Every country in the world currency scheme will be asked to surrender its printing press (ours is the Federal Reserve of New York) to the will of a world bank, and as you know, the "World Bank" and International Monetary Fund both already exist, but are not yet empowered; America must first be brought to its knees in a dollar crises.
The first half of this crisis was accomplished by the real estate bubble and bust in 2008. The Outfit's plan to hold interest rates at zero for banks means unlimited printing for banking prosperity but a total destruction of the dollar.
Some countries will compete rather than join the Outfit. China, now the largest economy, will try to forge a common trading partnership with other new independent countries including Brazil, Japan, Russia, Venezuela, Iran, and any other Arab country left standing in the Middle East. Perhaps this explains why Iraq, Afghanistan, Pakistan, Egypt and Libya are being destroyed in front of our eyes, so that they can be merged into the Outfit's World Bank System.
There is only one antidote: Congress must take over and nationalize the FED now, arrest its leaders (if they can be found) and charge them with sedition. For this to happen, you and I must take over Congress and throw out 75% of its members, plus The Outfit's agents hidden among the White House staff. Ask God if this is possible. Your alternative is financial slavery to the Outfit's world system that you can neither define nor comprehend.
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Published here: http://whtt.org/newwhtt/main.php?nid=10008&ncateid=1
URL: http://www.a-w-i-p.com/index.php/2011/08/12/standard-aamp-poor-and-the-dollar-the-mo