Tony Newbill has not sent me a good Conspiracy Theory article for some time; however he delivered one to me in the form of a comment to a post entitled, “IRS has become Political Abusive Attack Dog”. Newbill’s comment had nothing to do with the post. My post was about IRS corruption as an attack dog for Obama and focused on the unconstitutional seizure of Carole Hinders assets because her cash only business made bank deposits that was just short of $10,000.00 mandatory bank reporting of any deposit greater than that number. The only thing the post had in common with the Newbill comment is the force of the power of government upon We-the-People Americans to be molded to the whims of a Leftist government.
Tony Newbill has long contended that cures for catastrophic illnesses such as cancer has long been available; HOWEVER the cure is never addressed because there is no profit in cure. There is profit in repeat customers; hence pharmaceutical companies invest time and money into drugs that are balancing with only a chance of overcoming a catastrophic illness.
I am a proponent of Capitalism; however this kind of Capitalism is the dark side. Honestly I have not watched the nearly two-hour documentary shared by Newbill. If you join Newbill in the outrage of covering up for profit watch it – perhaps in pieces at a time.
Then Newbill sources an article by Mac Slavo located at D.C. Clothesline exposing the Leftist paradigm to place the USA into such debt that a dictatorship might be accepted by the people to usher in a new era – Obama’s Fundamental Transformation of society.
Then Newbill posts a Youtube video of Greg Hunter interviewing Egon von Greyerz, Founder of Matterhorn Asset Management. Von Greyerz talks about how printing money to uphold markets will eventually collapse a government’s economy.
Free Thinking People are the Miracle of the USA!!!!!!!!!!
By Tony Newbill
November 1, 2014 8:55 AM
Published by NATURALLY BETTER
Published: Jul 25, 2014
DON’T DIE FROM IGNORANCE
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Here we see what GREED and POWER TO KEEP THAT GREED GOING DOES!!!!!!!!
The fundamental transformation to a Peaceful result of totalitarianism was the plan by the elite and why they put Obama up, they thought he could sway the public to peacefully accept a dictatorship that would flip an economic train wreck into a new era. This explains why? ….. It Will Take 6.25 BILLION “Man Years” To Pay-Off Federal Government Liabilities: “A Mathematical Impossibility”.
We often hear government officials and mainstream financial pundits throwing around numbers like a billion or trillion. To most Americans these numbers are indiscernible. They are so incredibly enormous that we can’t even imagine what one billion dollars actually looks like, let alone what it takes to generate such capital. And a trillion, or better yet, the $17.9 Trillion that is our national debt? Forget about it! That’s so much money that we’re talking piles of cash the size of skyscrapers.
But even a visualization like this makes it difficult to understand how much money this actually is.
Ann Barnhardt, who in 2011 shut the doors to her investment firm and urged her clients to withdraw their money from all markets because she says the entire system has been utterly destroyed, will blow your mind in her most recent blog post.
It turns out money the way we were taught to understand it in school isn’t really how we should be valuing economies or debt. Instead, we need to be looking at what that money represents.
How do we define the sizes of economies? In dollars? Nope. These systems should be measured in terms of a transcendent, invariant unit. Currencies are, by definition, variant, because they are constantly changing relative to one another. This includes the dollar, which is itself measured against a BASKET of other currencies. I propose that GDP should be measured in the unit of MAN HOURS or MAN YEARS. $20 per hour average wage. 2000 hour average work year. Because the buying power of an average man hour or man year shouldn’t change much at all. Think about it.
So, if we take the latest bee-ess GDP for the former US of $16.8 trillion, and if we use an average wage of $20 per hour, or $40,000 per year, we get an economy of 840 billion man hours, or 420 million man years.
Puts a different spin on it, huh? Now, you really want your mind blown? Do that same calculation with the debt (now $18 trillion). Now do it with the unfunded liabilities of the FEDGOV (conservatively $250 trillion).
450 million man years, and 6.25 billion man years respectively.
So, when we talk about trillions of tax dollars being spent on banks or infused into shadow investment houses around the globe, we’re actually not just talking about money being stolen from one group of people that’s being distributed to another. What we’re talking about is the literal theft of … READ THE REST (It Will Take 6.25 BILLION “Man Years” To Pay Off Federal Government Liabilities: “A Mathematical Impossibility”; By Mac Slavo; D.C. Clothesline; 11/1/14)
VIDEO: Egon von Greyerz-Reset Will Be Dramatic [30:11]
Published by Greg Hunter
Published: Oct 28, 2014
Egon von Greyerz, Founder of Matterhorn Asset Management, says, “You can’t have governments borrow more than ever and have interest rates at zero. You can only do that temporarily because you have governments printing money and artificially holding interest rates down. That will not last either. So, the reset will be dramatic. It won’t happen overnight, but there will be events that trigger short term pitfalls, but this is a long term thing.”
Printing money to support the stock market and the bond market will work for a while, but Greyerz warns, “The ammunition that they have will, of course, be so devalued that nobody will want it. So, any support they try to muster in the future will have no effect. This is why markets are going to be in a terrible state in the next few years. It will be all the bubbles that have been created over a very long period.”
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Egon von Greyerz, Founder of Matterhorn Asset Management.
Edited by John R. Houk
Text enclosed by brackets are by the Editor.
© Tony Newbill