-- Posted Friday, 4 June 2010 | | Source: GoldSeek.com
By R. D. Bradshaw
One of the predictable things consistently held in the Goldsmiths is a coming great economic and monetary collapse in the United States which will precipitate a confiscation of certainly gold and very possibly silver as well. When this fall arrives, it will be the greatest fall of any nation in world history. This Goldsmiths still holds that position; but will temper it with some signs of how drastic the US situation will become which will help act to bring on gold and possibly silver confiscation.
Under Rothschild Cabal management, the United States has become the world’s number one debtor nation. The financial situation is so pathetic that the financial sickness in America completely pales into insignificance the situation in Greece. The primary difference between the US and Greece is that the Greeks had some friends/allies/masters that were willing to bail them out while the US simply doesn’t have such sources. Though we have devoted our lives, fortunes, blood, sweat and tears to stupidly work to enrich the Rothschild Cabal of bankers, they will turn on us in a split second of time and gleefully watch this nation go down the tubes and do nothing to help.
One big event waiting off stage that is very close to Realization
Goldsmiths 94, published by www.goldseek.com on Aug 7, 2009, particularly addressed what a coming natural disaster could do to America’s financial condition. While the focus there was on truly natural disasters like earthquakes, volcanoes, etc, this question must include manmade natural disasters like the oil spill in the Gulf of Mexico on Apr 20, 2010.
On or near May 23, 2010, www.dumpdc.wordpress.com had a report on Gulf Oil Spill Disaster, the Trigger of American Economic Collapse? This story analyzed the potential economic fallout of the Gulf of Mexico oil rig explosion that occurred on April 20, 2010 (based on false information disseminated by BP and the US government that the spill was from 1,000 to 5,000 barrels per day when we now know that the actual spill was in the range of 12,000 to 70,000 barrels per day). The writer therein suggested that this incident could be the trigger of the American economic collapse.
The essence of this story was the possibilities of enormous trouble when the oil makes landfall along the LA, MS and AL coasts (although not mentioned, we can add FL and TX to this mix). Questions were then raised about what will happen if the spill is picked up by the Atlantic currant to be carried up the US Eastern seaboard and to who knows where else in the Atlantic (thus, the spill could impact the North American coast from Guatemala to Newfoundland and beyond).
Cleanup costs will be awesome. Economic losses will be even worse. Insurance claims and court cases will be just as bad if not worse. The article noted that “Monstrous insurance loss payments can bankrupt insurance companies. But even worse are these politically-motivated claims for which the insurance company had not collected a premium. Do not be surprised to see many insurance companies fold in the wake of this ecological disaster if they are required to settle claims politically. And all insurance companies are backed up by reinsurance companies. The reinsurers will be hit with losses also, adding more ripples throughout the worldwide economy.”
The report noted that the lawsuits have already begun, and will name every business entity even remotely connected to the operation and added that “Many contracts between businesses and contractors contain a Hold Harmless clause that forces the contractor or vendor to absolve the business from liability, or at least to provide legal defense for the business. Common sense will tell you that subcontractors or vendors will have lower liability limits than the controlling entity, like BP. So lower liability limits will max out quickly.
“The lawsuits will continue to be filed, and it will take years of legal wrangling to begin seeing damage awards meted out by all the various courts that will be involved. Gigantic lawsuits and gigantic jury awards have the very real possibility of bankrupting the companies responsible for this oil spill.”
To add to the insurance claims and lawsuits, the story noted that while BP will be responsible for cleanup costs, US law limits non-clean up costs of oil companies to $75 million. So while this mess may be catastrophic, BP will still miss many liabilities that it might logically entail otherwise. This backdrop may then bring on a political response since the President is on record that the Gulf public will not be on the hook. Lost wages and economic damages and suffering could be enormous. Tens of thousands of Gulf businesses will close. Real estate prices and financial institutions holding mortgages near the Gulf could be devastated as well.
And if the oil spill continues up the Atlantic seaboard, the losses will become astronomical to the US. The point here is that the government will print money and provide enormous assistance to the thousands of people and businesses damaged by the catastrophe (but even with this probable help, the loss to the Gulf states and people will still be devastating).
The conclusion of this article was that “the economic impact of the oil spill will reach around the world. Companies in the UK will be affected. Likely some insurers at Lloyd’s of London are involved. Reinsurance companies will take hits, which might affect companies in Germany, Switzerland, France and Bermuda. Domestic insurers will likely pay claims due to political pressure. Banks will suffer losses. Businesses will close. Unemployment will spike. Most importantly, it will place crushing pressure on Washington to fix the problem with money… and Washington withstands pressure like a Dixie cup under an elephant’s foot. Therefore, I submit to you that the April 20th Gulf of Mexico oil disaster could very likely be the trigger of the collapse of the American economy.”
The above article noted the start of the Hurricane season on June 1 but did not address its potential impact from the oil spill. There is at least one and maybe two devastating possibilities if a hurricane strikes the US from the Gulf area. First, a hurricane making land in the Gulf will surely bring huge surf surges which will completely cover the land area involved with oil and deadly chemicals as used by BP in the crisis. Some writers have raised a question about a second impact in that the huge rains and winds associated with hurricanes could pick up some of the oil or chemicals to bring them ashore to land areas.
While I don’t know about the rain claim, it still needs to be addressed by government leaders who so far have been generally incompetent in monitoring and supervising the crisis (yes, when the facts are known, we will find that the $one million BP paid to Obama and the $15.9 million paid to other political leaders [both Democrat and Republican] in 2009 paid off and allowed BP to violate federal regulations, per a Reuters report on May 5. Perhaps it was this payoff to Obama which prompted him on March 31, just before the oil spill, to announce that he was greatly expanding off shore drilling operations (per CNN and a story in the Apr 1 Washington Post). But now, with the spill, he has done a complete 180-degree turn to halt off shore drilling until a complete review can be made. I wonder why he didn’t think about a review on Mar 31 when he announced a big increase in off shore drilling or when he approved the BP drilling effort and gave BP a permit to proceed at the Deepwater Horizon site).
Part of the problem here in the Gulf is that the US government does have supervisory oversight of this area. But the Obama team has backed off and allowed BP to run the show (yet, the Obama administration people from time to time have watched from the sidelines and complained about the things BP was doing; but has done little or nothing to interfere in BP’s actions).
For example, BP chose to use extremely dangerous and deadly poisonous Corexit 9500 and other chemicals to supposedly act as dispersants. Yet, the Obama administration cried and begged and said “please” don’t use these deadly poisons. But since the administration had backed off and turned the matter over to BP, BP ignored government pleas and effectively gave the Obama people the finger as it proceeded to use some of the most dangerous and poisonous chemicals imaginable.
When the oil and these chemicals eventually come to shore (by a surge or whatever), what will they do to the shore areas from Texas to Florida and on up the Atlantic coast if they go that far north? I think it’s safe to say that BP at this point could care less. And as far as the government, it’s too incompetent to do anything about the mess it helped create in the first place by its failure to do its job in demanding that BP obey safety standards and comply with government rules and regulations in place (BP did neither, perhaps because of the huge money pay offs in the $millions made to the politicians, including Obama).
While this stuff will be horrible for the land areas involved, can the reader grasp what these poisons will do to the Gulf and maybe the Atlantic? The bottom line on this spill was communicated in these headlines by Drudge on May 31, 2010:
“WHITE HOUSE: FLOW RATE OF BP'S SPILL COULD INCREASE BY 20% DURING NEW OPERATION...
“ 'OIL COMING UP UNTIL AUGUST'... (but I note that the talk now is until December).
“DAY 42: NO END IN SIGHT...
“U.S. Plans 'for Worst' in Gulf...
“Feds Telling BP 'What to Do'...” (I note that this headline can’t be correct, but that’s the way Drudge had it).
Despite the continuous set-backs which BP and the government have been having in the Gulf crisis, it is interesting that the Plunge Protection Team has been busy most days, pumping up stocks though the US faces an economic disaster (although BP stocks have had some hard fall days). This is just proof that the PPT can put enough money into the US stock market at any given moment in time to move it up--regardless of an economic disaster or not.
www.theeconomiccollapseblog.com had the following summary on the Gulf Oil Spill problem: “According to a study published by Texas A&M University Press, the four biggest industries in the Gulf of Mexico region are oil, tourism, fishing and shipping. Together, those four industries account for approximately $234 billion in economic activity each year. Now those four industries have been absolutely decimated by the Gulf of Mexico oil spill and will probably not fully recover for years, if not decades.”
While the Gulf oil spill may not be the single trigger per se which brings about the economic collapse of the United States, it has to be on the table as at least one of the triggers which could see the total demise of the US economy and US dollar. To the above crisis/trigger, we can easily add the possibility of exploding volcanoes, huge earthquakes or some other catastrophes to the list to really crash the US economy and money (as cited in the Goldsmiths 94).
Two--the Reality of War can really cause us problems
As covered in the Goldsmiths 99 and others, a US attack on Iran is in the making. All along, for the last two years, I have argued that that day is on the drawing board and coming—not whether but of when. When the Rothschild Cabal money changers took over the United States in 1913, and especially from the time of President Franklin Rosenfeldt/Roosevelt on, our nation became the primary war machine used by the Cabal in its war making activities around the globe. What few seem to understand is that wars make big profits (too, they are useful in geo-political moves like bringing on world government).
The Cabal’s plans and actions to initiate wars on countries around the world were laid out in an ancient document attributed to old man Mayer Amschel Rothschild some 250 years ago (as discussed at length in Understanding Money and War XIV at www.analysis-news.com). The message is simple. Nations around the world must surrender and accept Rothschild Cabal sovereignty over them or the Cabal will call upon its war machine to attack the non-obeying nation. Besides WWI and WWII, the Rothschild’s puppet war machines (the US and Britain) have been invading and attacking nations throughout the 20th and now 21st century to spread Rothschild Cabal power around the world. But there are some holdouts. One of them right now is Iran.
In earlier Goldsmiths, I have already beaten this dog to death. There is little more I need to say other than to raise the prospect that Iran may successfully counterattack the US assault. If so, we may wake up one morning and find part of the US fleet at the bottom of the Persian Gulf. And if this happens, what do you suppose will be the impact on the US dollar and US economy? I submit that it will be sayonara.
While an attack on Iran seems to be fairly close at hand, there is the real world situation that the Rothschild Cabal planners are also busy mapping out their strategies about having WWIII to really bring on world government under their control. But per the point here, that of being good loyal followers of the Rothschild Cabal, we must be prepared to have even more wars to benefit our Rothschild Cabal masters. That’s the price we must pay. Yet, wars can be very expensive though they make huge profits and gains for the Rothschild Cabal snakes directing them. In any case, we are in trouble economically because of these wars for Rothschild Cabal profits (on this, see Understanding Money and War II at www.analysis-news.com).
Three--The Bail Outs and Pay Offs to the Rothschild Cabal of Bankers Must Continue
The Goldsmiths and articles at www.analysis-news.com have already detailed the real world that our primary purpose of existence right now is to bail out and financially support the big banks and financial institutions owned/controlled by the Rothschild Cabal. This real world has cost the American taxpayers trillions of dollars. This situation is not going to change until the United States is history. The Cabal snakes took over our nation in 1913. They now own it for all purposes.
They intend to drain every last cent of wealth from us, the people, before the system does indeed end in the garbage can. Therefore, we can count on the Cabal bankers continuing to steal from us and ripping us off at every turn. To be sure that the Cabal gets first crack on the remaining US assets, the Cabal is now pushing for fiscal frugality. They are actually talking about balancing the budget and curtailing spending (that is, after they have already stolen most of the money and wealth of the US). This will allow our few remaining assets to also go them.
What the Above three things mean for the future of America
The above three realities of our time insure that very soon we will be so broke that the Cabal money manipulators at the Fed and with the government cannot spin or twist any more money from any source to support the spending splurge the nation has been on since the great depression of the 1930s. The Rothschild Cabal can’t do anything to save this system. That’s why, when it finally collapses, the Cabal snakes will get into their private jets and speed away from the trouble to another place where they can enjoy dual citizenship and the wealth and plunder they stole from the American people.
Before our nation faces WWIII, as eventually to be brought on and caused by the Rothschild Cabal of serpents, we can bank on it that the national leaders will have to take any and all measures possible to try to save/salvage the system and keep it afloat for a few more days so that the remaining Cabal bosses and their puppet politicians can steal some more from the American people before the end comes.
Long ago, I could envision that the US will have to sell anything and everything possible to survive. I can see the US putting its aircraft carriers, submarines and planes on the line for sale to whomsoever can pay off in gold and/or hard currencies. You think this is crazy? Just wait and see because it’s coming down the pike.
Only last week, on May 25, www.rawstory.com broke a story from London by Stephen C. Webster on Rothschild plan would see privatization of Britain’s massive public motorway. The essence was that N. M. Rothschild was urging the puppet UK government to start selling off the public roadways to raise money to pay off some of its debts (the story called it a privatization of the public roads). The idea behind the move is clear. The Cabal bankers want the UK taxpayers to continue the huge bail outs and subsidies to the Cabal banks. And where will the bankrupt UK come up with any new funds?
The Rothschild solution is simple. Let Britain sell its public roadways to private parties. This will raise huge new sums of money which will allow the UK to continue the pay offs and benefits to its Cabal masters. In the meantime, the investors (like the Rothschild Cabal banks) buying the UK roads can set up toll booths along the roads and start making users/drivers pay a toll to use the now private roads. This process can bring huge new profits and gains to the Rothschild Cabal snakes as they continue to plunder and steal everything they can in the UK. The UK Transport Secretary Philip Hammond said the plan was Britain’s way to move forward.
Just imagine how great this scheme will be because with whatever UK government regulatory agency in charge, we can bank on it that it will be managed by Cabal cousins and relatives. These people will bend over backward to allow the new Cabal owners of the road ways to charge some real, hefty, toll charges.
Now, let’s carry this process one step further to the United States. Can’t you see that the success of this effort by our allies across the Atlantic will eventually be broached here. Just imagine how much money the Cabal masters can raise in the US to further bail out and assist their businesses if the dumb sheep taxpayers will agree to sell off the American road ways so that the fat-cat Cabal bankers buying them can install toll booths all along American roads and start collecting toll charges from the American people who originally paid for the roads to start with. And with Cabal relatives in charge of government regulations, these toll operators can boost the toll charges ridiculously high—so high that most people can’t afford to use the roads.
The Bottom Line
The United States very soon will be facing a far more precarious and frightening situation than anything seen in Greece, Spain or Britain. We face the greatest collapse in recorded history. And when it happens, Rothschild Cabal bosses still in the US (though many will start fleeing to a place of safety where they enjoy dual citizenship) and their puppet US politicians will look at any and all possibilities of raising needed funds to pay off some of the pressing foreign debts.
I am assured in my mind that this gang of thieves will not hesitate one minute to order a confiscation of gold and possibly even silver. And this won’t be the last option. No, they’ll go after the gold and probably silver first and long before they start selling US aircraft carriers and submarines.
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-- Posted Friday, 4 June 2010 | Digg This Article
| Source: GoldSeek.com
