Wyoming Prepares Doomsday Contingency Plans “In the Event of a Complete Economic or Political Collapse in the United States”
February 26, 2012
House Bill 85 passed on first reading by a voice vote. It would create a state-run government continuity task force, which would study and prepare Wyoming for potential catastrophes, from disruptions in food and energy supplies to a complete meltdown of the federal government.
The task force would look at the feasibility of Wyoming issuing its own alternative currency, if needed. And House members approved an amendment Friday by state Rep. Kermit Brown, R-Laramie, to have the task force also examine conditions under which Wyoming would need to implement its own military draft, raise a standing army, and acquire strike aircraft and an aircraft carrier.
Several House members spoke in favor of the legislation, saying there was no harm in preparing for the worst.
Ben Bernanke (Chairman Federal Reserve) Admits to Ron Paul (Presidential Candidate) that SILVER IS A CURRENCY!
The last time Ben Bernanke gave his semi-annual Federal Reserve monetary policy report to the House Financial Services Committee, we were treated to The Bernank's testimony to Ron Paul that gold is not money, it is merely tradition.
Ron Paul has somehow topped that today, resulting in Fed Chairman Ben Bernanke admitting that SILVER IS A CURRENCY!!!
Paul asks Bernanke if he does his own grocery shopping, and when The Bernank replied 'yes', Paul immediately cut him off, stating 'no one believes the 2% inflation rate,' and 'someone is stealing our wealth!'
Paul then pulled a silver eagle out of his pocket, and informed Bernanke that in 2006 the coin could purchase 4 gallons of gas, today, it can purchase 11, and stated 'That's preservation of value!!'
The Bernank's response? 'Anyone can hold whatever currency they want'
Watch the full exchange below:
I would not want to be on the phone call Ben receives from his bosses when they hear about him admitting on live TV before Congress that silver is a currency and anyone can hold it if they wish.
Post Last Edit by pengecatbintang at 23-3-2012 23:22
aku penah bgtau... dlm posting2 yg lalu... sama ada kat thread ni or kat 2 thread lg (ekonomi semas ...
masa ni... middle east huru hara (termasuk perang saudara - lihat apa jadi pd negara OPEC Iraq, Libya, Nigeria)...
bila Middle East x stabil... supply oil dr sana interrupt...
tu pasal kat US la ni start kuarkan oil below ground depa... BANYAKKKKKK...
nak beli oil ni... kena guna currency baru tu...
so... mcm era USD... masa depan... mgkn depa control dunia thru supply minyak...
North America's energy sector has the potential to drive a "remarkable resurgence" that could see the Continent become the new Middle East in shaping the global supply of gas and oil, a new report has claimed.
Deepwater drilling in the Gulf of Mexico, tapping shale deposits for gas and oil and Canada's oil sands are among the ingredients that could see North America's production of oil and natural gas liquids almost double to 26.6m barrels a day by 2020, according to a report by analysts at Citigroup.
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kalo pd masa akan datang majoriti minyak dunia dibekalkan oleh US, nak tak US bekalkan oil pd enemy dia?
China n Jepun wat perjanjian perdagangan utk tak guna USD
China n Australia wat perjanjian utk currency swap (renminbi)...
banyak negara nak diversify away from USD
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mcm yg aku posting dolu2... by the end of 2012... USD abis (tak bernilai)...
bila oil supply dr Middle East interrup... Illuminati iaitu pendokong Zionist akan paksa negara2 lain beli oil dr US guna new world currency baru (yg partially back by gold & or silver)
Persoalan tu x penting,
cer tanya Obama mcm mane US nk 'reset' hutang die dulu.
Kalau tanya saya la, jwb snang: war, war and war...
Mcm Pound Sterling dolu².
Cuma skrg ni dorg nk declare, sape allies dgn sape?
Saudi rulers are struggling to contain a new wave of public protests that has erupted across the Arabian kingdom as security forces open fire on unarmed civilians.
The big question: is the House of Saud finally beginning to collapse like the fragile house of cards that this creaking, ruling monarchy represents?
At least two people have been reported dead from Saudi police violence against an outpouring of crowds who have taken to the streets in the kingdom – a female student and a man, described as a well-known human rights activist, are the latest victims. Many others have been injured or arrested as state security forces mobilise in what appears to be a desperate bid by the rulers to contain spreading protests.
For the past year, Saudi Arabia – the world’s biggest oil producer and a key Western ally – has witnessed persistent protests against the ruling House of Saud.
Up to now, the demonstrations calling for democratic freedoms have been mainly located in Saudi’s oil-rich Eastern Province, principally in the city of Qatif.
But, most worryingly for US-backed King Abdullah and his entourage of brothers and half-brothers, there is this week growing public dissent in all quarters of the kingdom.
Major street demonstrations are reported in the capital, Riyadh, in the Central Province. Protests are also taking off in the north, such as the city of Ar’ar, the western port of Jeddah and in the southern university city of Abha.
When other Arab countries saw mass protests last year against their dictatorial rulers, Saudi Arabia was also embroiled in the regional ferment. However, Saudi Arabia appeared peripheral to the momentous changes sweeping the Arab region with few media reports of any substantive popular uprising.
This can be explained partly by the ruthlessness of the Saudi authorities in crushing any incipient sign of protest in the kingdom. At least 10 people have been killed over the past year from Saudi state forces attacking peaceful demonstrations. Another explanation for the apparent low-key public protests in Saudi Arabia is the under-reporting of such events by the Western mainstream media.
But, despite the suppression of protests and information, the people of Saudi Arabia are on the move against their Western-backed despotic rulers. And the grievances are as abundant as the oil in that country.
A collapse of the House of Saud would have explosive consequences. How would the US-led warmongering towards Syria and Iran be conducted/blunted? How would that especial affront to international law and human rights, Israel, continue to survive? The price of oil would hit record levels beyond $150 a barrel and that would surely spell a coup de grace to the death-gasping capitalist world economy.
Euro currency could collapse and trigger another Great Depression, IMF warns for the first time
By Hugo Duncan
PUBLISHED: 17:45 GMT, 17 April 2012 | UPDATED: 09:28 GMT, 18 April 2012
The eurozone could break up and trigger a global economic slump to rival the Great Depression, the IMF warned last night.
In its World Economic Outlook report, the International Monetary Fund said the collapse of the crisis-torn single currency could not be ruled out.
It was the first time the Washington-based institution has accepted the prospect of the eurozone splitting up and follows fears over the health of the Spanish economy.
‘Things have quietened down but there is a very uneasy calm,’ said IMF chief economist Olivier Blanchard. ‘I have a feeling that at any moment things could get very bad again.’
Speaking at the launch of the half-yearly report in Washington, Mr Blanchard said there was ‘no plan’ in place to deal with a country leaving the euro.
However Greece is widely expected to default on its crippling debts and quit the doomed single currency.
If such an event occurs, it is possible that other euro area economies would come under severe pressure as well, with a full-blown panic in financial markets,’ the IMF report said.
Under these circumstances, a break-up of the euro area could not be ruled out. This could cause major political shocks that could aggravate economic stress to levels well above those after the Lehman collapse.’
U.S. investment bank Lehman Brothers imploded in September 2008 – plunging the world economy into the worst recession since the 1930s. The IMF said that although ‘the outlook for the global economy is slowly improving again’ it is ‘still very fragile’.
It warned of the ‘possibility that several adverse shocks could interact to produce a major slump reminiscent of the 1930s’.
The IMF forecast growth of 0.8 per cent in Britain this year – more than the 0.6 per cent it predicted in January, but less than last September’s target of 1.6 per cent. Its 2013 forecast was unchanged at 2 per cent.
Asked about the IMF’s comments on the eurozone, a Downing Street spokesman said: ‘The eurozone still needs to get its house in order. Those issues still exist and no doubt will be a focus of discussions at the coming meeting of the IMF towards the end of the week, which the Chancellor will be attending.’
Post time 30-1-2012 03:15 AM
