Posts Tagged ‘Bankruptcy’

Greece is the word

Monday, April 12th, 2010

Greece is the word – for things many people may not want to admit or talk about. Squeaky wheels may get grease to keep them quiet, but squeak or squawk too much about “money” in Greece (or Poland) and getting “greased” may mean (permanent) “liquidation”. Be especially wary of those whose principle interest is the interest on “their” principal. If you have the “foggiest” idea of what I’m talking about, be careful when, where, and with whom you fly…. (more…)

I.O.U.S.A., Inc.

Thursday, November 5th, 2009

On each side of WATER are BANKS – which contain and control the flow, or CURRENT. What most people think of MONEY is actually (fiat) CURRENCY flowing from and controlled by (“financial”) CENTRAL BANKS. Unlike MONEY, neither CURRENT paper nor digital CURRENCY has ANY inherent VALUE – or “redeemable” backing by anything that does. Federal Reserve NOTES are NOT MONEY. They are instruments of DEBT. (more…)