Gents, there is no doubt the bankster cartel hit a grand slam today. No two ways about it. They have and will continue to win battles. There was a time once when the Nazi blitzkrieg juggernaut seemed invincible as they failed to lose any consequential battle for about a 3 year period. Even when they were stopped at the outskirts of Moscow, it wasn't the Russian troops that stopped them but Mother Nature's frigid sword. When their fortunes finally turned in 1943, their iron grip on the German people actually increased due to their propaganda machine. Eventually though, gravity took its toll and the dictatorship was decimated despite lies and extreme extreme measures.

The free market system has been at war with the bankster cartel for years now. The banksters may possess overwhelming government power and technology but it is not much different than the Nazi's superior equipment and tactical advantages. The common weakness between the two is their Inferior Numbers. Even though the Russians took 5:1 casualties over their Nazi enemies, it did not matter as they were slowly moving towards Berlin. Us commoners grossly outnumber the current bankster population. As unemployment and hardship rises globally - unrest will soon follow. Obama's charm is already wearing quite thin as revealed by the latest polls released today. Interest rates cannot go lower so the monetary authorities have reached their limits.

It will take time but these despicable banksters will be uprooted. The tide has already turned against them. China and Russia will guarantee victory but their will be heavy counterattacks throughout the remainder of our war.

Cheers - VHF

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The Buck Gets A Pink Slip

Dr. Russell McDougal

July 8, 2009

It will be a tragic event when US Dollar finally cracks – an event that will affect citizens across the world. But it will be especially dreadful for long-spoiled and unaware Americans. Your financial future is at stake. Do not be complacent.

You have probably heard claims like these for years. So, why should you be especially alarmed right now? Stay tuned! I will show you exactly why the buck is now in implosion mode.

Global finances have operated on faith in Monopoly money since Tricky Dick shut the international window for exchanging dollars for gold in 1971. We have since held the privilege of being the primary banker in a vast fiat game. But this Monopoly game is heading for a re-start and the US will no longer dominate the international issuance of money this next go around. And 99% of Americans won’t even know what hit them.

The only thing most Americans know about money is that they need and want more of it. But that ignorance and apathy is going to prove deadly. It is incumbent upon you to separate yourself from the sacrificial sheep and find ways to protect yourself.

In 2007, I accurately predicted that 2008 would be “The Year of the Bailout.” My macro theme for 2009 was declared to be a world changing thrashing for the dollar.

And current events are now bringing this prediction into fruition:

• The Fed and Treasury are now attempting to issue a couple trillion in additional debt per year. A recent week showed $130 billion in new debt paper auctions. The Treasury/Fed complex is buying their own issued debt since there are no longer legitimate numbers of international buyers. You or I would be strung up for check kiting if we attempted this desperate action.

• The traditional buyers of US debt and the underlying dollar are fed up with the fraud and excesses of the crony capitalist NY/DC banking enterprise. China, Russia, India, Brazil, the Saudis and other nations of economic importance are demanding a seat at the presently US dominated table.

• Countries are now bartering with each other or participating in “currency swaps” in order to bypass the buck.

• Mainstream US news services fail to report plans on the drawing board for the next international currency system. One idea is to use a basket of currencies issued through the IMF. A prototype already exists, called “Special Drawing Rights”.

• Both the Europeans with their Euro and the Chinese with their Yuan seek global reserve currency status.

• Major global economic and strategic summits are transpiring in which the US is not invited.

• There is a massive and growing global backlash against what has been our country’s primary export over the last decade: fraudulent and toxic financial “assets” emanating from NY/DC headquarters. Trust has been destroyed and it won’t return any time soon.

These new and recent developments alone are enough to critically wound any major currency. There’s much more.

The dollar’s 2009 mid-term report card shows that it has been higher this year but is presently just a few points below where it started 2009. There has been no earth shattering fall… yet. The world’s financial system, centered on the dollar, is exceedingly tenuous. New lows are in store for the dollar.

Most global transactions between countries take place in dollars because the dollar is the “reserve currency” of the world. The Japanese, for example, must purchase dollars before they can buy oil. This has created an enormous demand for dollars and US monetary authorities have been more than happy to oblige. But this extreme advantage has been abused, and the privilege of originating the money that runs the world will soon change hands.

Here are some crumbling fundamentals for the dollar you might wish to consider:

• The dollar strength seen over the last year relates more to a flight to liquidity than to strong underlying fundamentals.

• US debt is long past the point of ever being repaid in terms of today’s dollar value. Paying off debt in hyper-inflated dollars is a form of default.

• There is nothing but hot air backing any global currency. Whatever gold remains at Ft. Knox and other US depositories does not serve as backing for the dollar.

• The US Empire will crumble when the dollar cracks. We have troops and bases in 170 countries that are all dependent upon the willingness of foreigners to fund our debt.

• There will have to be some form of backing (gold, silver, oil, etc.) for the next major currency system. The age of total fiat is meeting its inevitable demise.

The dollar has been flawed ever since Nixon severed its roots in gold. But it has never faced so many obstacles. A Pink Slip is inevitable.

Those solely positioned in paper money are going to pay the heftiest penalty for decades of largesse. The dollar will be devalued and finally replaced, one way or another. An official devaluation is possible, which will immediately make the cost of all goods, services and assets much more expensive. Unfortunately, an unofficial devaluation through massive monetary printing (hyper-inflation) will do exactly the same thing, just over a longer period of time. Choose your poison.

The bottom line is that you are living through an unprecedented historic event: the breakdown of the most prominent “reserve currency” the world has ever had.

Your solution to this dilemma comes in the form of tangible assets that won’t go away when the final excess computer funny money keystroke is hit. You must escape the empty promise, debt-based system that is undergoing radical chaos behind the scenes.

A 30 to 40% loss in the value of the dollar value will alter the financial axis of the globe. Precious metals will soar as these events continue to play out.