Phoenix: his speculation on the credit standing

[LuvRubies]

After reading the email from Phoenix and listening to his blog last evening (where he took a stand on his speculation as to the voluntary downgrade of the credit rating), I am confused as to what the incentive is for Obama...in his executive authority...to "allow" this to happen. I understand how this benefits other countries buying the US debt, but what exactly is the benefit for the US. Let's face it, this would NOT be potenially happening unless there is a MAJOR benefit to the US/Obama. This is the part where I am scratching my head. If anyone can enlighten me, I'd greatly appreciate it. Thanks in advance!

(Of course I mean losing AAA and therefore devalue of the USD)

Read more:

Edited July 27, 2011 by LuvRubies

[Rome M]

Unfortunately what's in it for the US is not the same as what's in it for Obama. Also, according to his actions, it is apparent that our best interests are not in his interests.

[Sawmill]

There seems to be a growing number of folks who believe that Sorros, Obama, and company are overseeing and executing an "orderly takedown" of the USA, escorting it from superpower status to some new world order. For that to happen, the USD has to be grossly devalued, essentially enableing repayment of debt with worthless currency. This currency would then be replaced with a new, worldwide currency. Only trouble with the plan is, most Americans wealth, retirement, savings, would be for all intense and purposes, rendered usless. Wiped out. Family fortunes gone, with exception of a very small number of elite that strategically moved their wealth into protected safehavens, and after the crash, they can then convert their safehaven assets into the new world order currency or credits. Oversimplified? Yes... Sinister? You bet. I hope this growing number of people are wrong. I've said it before, and I'll say it again. I love what we now have. I do not trust the so called leadership in Washington. I REALLY do not want to go to this new eutopia some envision. I choose freedom. I choose capitalism. I believe this much bantied about new world order will look an awfully lot like a rehash of the third reich. (Sorros, oddly enough, was a part of that) Stronghanded government, freedom repressed, hell on earth for common folk, heaven for the ruling elite. This "new world order" envisioned by Sorros is nothing new at all. The rich get richer, powerful get more power, and the remaining crumbs doled out to the masses. Mankind has always leaned that way. America has always been different in that regard. Now you can call me "concerned, but contented in Kansas".

[pluMmet]

There seems to be a growing number of folks who believe that Sorros, Obama, and company are overseeing and executing an "orderly takedown" of the USA, escorting it from superpower status to some new world order. For that to happen, the USD has to be grossly devalued, essentially enableing repayment of debt with worthless currency. This currency would then be replaced with a new, worldwide currency. Only trouble with the plan is, most Americans wealth, retirement, savings, would be for all intense and purposes, rendered usless. Wiped out. Family fortunes gone, with exception of a very small number of elite that strategically moved their wealth into protected safehavens, and after the crash, they can then convert their safehaven assets into the new world order currency or credits. Oversimplified? Yes... Sinister? You bet. I hope this growing number of people are wrong. I've said it before, and I'll say it again. I love what we now have. I do not trust the so called leadership in Washington. I REALLY do not want to go to this new eutopia some envision. I choose freedom. I choose capitalism. I believe this much bantied about new world order will look an awfully lot like a rehash of the third reich. (Sorros, oddly enough, was a part of that) Stronghanded government, freedom repressed, hell on earth for common folk, heaven for the ruling elite. This "new world order" envisioned by Sorros is nothing new at all. The rich get richer, powerful get more power, and the remaining crumbs doled out to the masses. Mankind has always leaned that way. America has always been different in that regard. Now you can call me "concerned, but contented in Kansas".

I couldn't have said it any better.

[physicsteach]

Sawmill, Of course I hope that this is not the plan; but, I learned many, many years ago that I got further and saw more clearly when I stood back from a situation and looked at what the ourcome of an action, a speech, a news story, etc. would be. The intent of an action is not easily assigned, but the result of an action will be assigned - AND what President Obama is doing is having results. Those results may not rightfully belong to Obama, but more to those who have extraordinary wealth and power and have worked openly and covertly for years to manipulate those who are the 'front men'. I don't think Obama is the first 'front man' - certainly not the last. But when you look at those men who surround Obama, not his formal advisors who he doesn't speak with, but those who he does talk to, you can clearly see that he is not working for the continued development of capitalism, or the well-being of our nation as it was created.

[drummerboy]

"Stronghanded government, freedom repressed, hell on earth for common folk, heaven for the ruling elite. This "new world order" envisioned by Sorros is nothing new at all. The rich get richer, powerful get more power, and the remaining crumbs doled out to the masses. Mankind has always leaned that way. America has always been different in that regard. Now you can call me "concerned, but contented in Kansas".

ISn't this all happening now. Strong handed government doing what they want with the stroke of a pen, Our freedoms are becoming less and less. Heck if you are a god fearing christian human, god help you if you want to pray in a public place. How about the pledge to the flag. How about anything religious being removed from every government building. Let's face it people, this country was founded upon a christian based fundamental and the powers that be have removed it.

Under the heading of terrorism, the government wrote themselves a "get out of jail free" card to break every law in the book to invade your freedoms and privacy. Don't get me wrong, we certainly need more security, how they have chosen to go about it was always and still is questionable.

Let's not forget : "We the people of the United States, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America."

That's "We The People", not we the idiots who could care less while several individuals destroy what has taken centuries to put together, not to mention the tens of thousands of lives that have been lost while establishing this country.

I hope everyone wakes up, gets involved and vote out all these piranhas that are turning this great country into a socialist state.

Sorry for the rant, this one just got my blood moving.

Have a great day everyone!!!

[Soledad]

Sawmill, you are so correct; SORROS destroyed the economy of two countries, and now with the help of "O" this glorious country is going to h*^*, but WE the PEOPLE will take command and get rid of this socialist once and for all!! ! !

[LuvRubies]

There seems to be a growing number of folks who believe that Sorros, Obama, and company are overseeing and executing an "orderly takedown" of the USA, escorting it from superpower status to some new world order. For that to happen, the USD has to be grossly devalued, essentially enableing repayment of debt with worthless currency. This currency would then be replaced with a new, worldwide currency. Only trouble with the plan is, most Americans wealth, retirement, savings, would be for all intense and purposes, rendered usless. Wiped out. Family fortunes gone, with exception of a very small number of elite that strategically moved their wealth into protected safehavens, and after the crash, they can then convert their safehaven assets into the new world order currency or credits. Oversimplified? Yes... Sinister? You bet. I hope this growing number of people are wrong. I've said it before, and I'll say it again. I love what we now have. I do not trust the so called leadership in Washington. I REALLY do not want to go to this new eutopia some envision. I choose freedom. I choose capitalism. I believe this much bantied about new world order will look an awfully lot like a rehash of the third reich. (Sorros, oddly enough, was a part of that) Stronghanded government, freedom repressed, hell on earth for common folk, heaven for the ruling elite. This "new world order" envisioned by Sorros is nothing new at all. The rich get richer, powerful get more power, and the remaining crumbs doled out to the masses. Mankind has always leaned that way. America has always been different in that regard. Now you can call me "concerned, but contented in Kansas".

Very scary stuff, Sawmill. With this "mystery" person putting forth 850 mill...based on the demise of the USD, wouldnt there be some sort of potential charges against MANY MANY MANY people? Insider trading, tips, etc? For a "tip" from Washington, to prompt such a bet, there is a bigtime rat(s) - and they need to go DOWN !

[coolbeans]

Ron Paul's Urgent Warning! Blood in the Street?!!

Ron Paul on Neil Cavuto "What happens August 2 if default?

Talking about debasing the currency! Devaluing the dollar!

Edited July 27, 2011 by coolbeans

[phareal80]

Uhhh Soros is Jewish, he might have stood out a little being part of the Third Reich. Also he emigrated to London in 1947 at the age of 17. Please at least get some facts right on your fantasy rants.

[Realdinar]

There seems to be a growing number of folks who believe that Sorros, Obama, and company are overseeing and executing an "orderly takedown" of the USA, escorting it from superpower status to some new world order. For that to happen, the USD has to be grossly devalued, essentially enableing repayment of debt with worthless currency. This currency would then be replaced with a new, worldwide currency. Only trouble with the plan is, most Americans wealth, retirement, savings, would be for all intense and purposes, rendered usless. Wiped out. Family fortunes gone, with exception of a very small number of elite that strategically moved their wealth into protected safehavens, and after the crash, they can then convert their safehaven assets into the new world order currency or credits. Oversimplified? Yes... Sinister? You bet. I hope this growing number of people are wrong. I've said it before, and I'll say it again. I love what we now have. I do not trust the so called leadership in Washington. I REALLY do not want to go to this new eutopia some envision. I choose freedom. I choose capitalism. I believe this much bantied about new world order will look an awfully lot like a rehash of the third reich. (Sorros, oddly enough, was a part of that) Stronghanded government, freedom repressed, hell on earth for common folk, heaven for the ruling elite. This "new world order" envisioned by Sorros is nothing new at all. The rich get richer, powerful get more power, and the remaining crumbs doled out to the masses. Mankind has always leaned that way. America has always been different in that regard. Now you can call me "concerned, but contented in Kansas".

I do believe the take down began when bush was in office, sad to say. Trillion dollar wars, recession, unemployment....while w was in washington.....my the pubs have a short memory

[aliciadogz]

obama wants to down graded AMERICA. I do believe that whats,all it about now.He not for AMERICA!!!! VOTE IN 2012!!!!!!

[flatdawg]

Uhhh Soros is Jewish, he might have stood out a little being part of the Third Reich. Also he emigrated to London in 1947 at the age of 17. Please at least get some facts right on your fantasy rants.

George Soros Interview On 60 Minutes

"When the Nazis occupied Budapest in 1944, George Soros' father was a successful lawyer. He lived on an island in the Danube and liked to commute to work in a rowboat. But knowing there were problems ahead for the Jews, he decided to split his family up. He bought them forged papers and he bribed a government official to take 14-year-old George Soros in and swear that he was his Christian godson. But survival carried a heavy price tag. While hundreds of thousands of Hungarian Jews were being shipped off to the death camps, George Soros accompanied his phony godfather on his appointed rounds, confiscating property from the Jews."

KROFT: My understanding is that you went out with this protector of yours who swore that you were his adopted godson.

Mr. SOROS: Yes. Yes.

KROFT: Went out, in fact, and helped in the confiscation of property from the Jews.

Mr. SOROS: Yes. That's right. Yes.

http://sweetness-light.com/archive/george-soros-on-helping-the-nazis-during-the-holocaust

I do believe the take down began when bush was in office, sad to say. Trillion dollar wars, recession, unemployment....while w was in washington.....my the pubs have a short memory

The "take down" began long before W.

It was planned in 1910 at Jekyll Island, and implemented in 1913 with the establishment of the Federal Reserve.

[flahenry]

Uhhh Soros is Jewish, he might have stood out a little being part of the Third Reich. Also he emigrated to London in 1947 at the age of 17. Please at least get some facts right on your fantasy rants.

George Soros has talked openly about this involvement as teenager and young man. Get your fects straight.

[cgbrown]

Uhhh Soros is Jewish, he might have stood out a little being part of the Third Reich. Also he emigrated to London in 1947 at the age of 17. Please at least get some facts right on your fantasy rants.

so that makes George Soros about 81 ---- how much longer do you think he will be around---- better be looking at who will follow in his footsteps.

[physicsteach]

"Very scary stuff, Sawmill. With this "mystery" person putting forth 850 mill...based on the demise of the USD, wouldnt there be some sort of potential charges against MANY MANY MANY people? Insider trading, tips, etc? For a "tip" from Washington, to prompt such a bet, there is a bigtime rat(s) - and they need to go DOWN ! "

Surely there could be charges against (Many, Many...) - but who is going to do that?

The people they fear the most is not the body of politicians who have been bought, long ago.

They fear the Tea Party - thus they attack, attack, attack....

[rapidrex]

After reading the email from Phoenix and listening to his blog last evening (where he took a stand on his speculation as to the voluntary downgrade of the credit rating), I am confused as to what the incentive is for Obama...in his executive authority...to "allow" this to happen. I understand how this benefits other countries buying the US debt, but what exactly is the benefit for the US. Let's face it, this would NOT be potenially happening unless there is a MAJOR benefit to the US/Obama. This is the part where I am scratching my head. If anyone can enlighten me, I'd greatly appreciate it. Thanks in advance!

(Of course I mean losing AAA and therefore devalue of the USD)

Read more:

It appears that anything anti America that Obama can do...he is doing. He is doing what he set out to do. OUR logic has nothing to do with what he intends for US. Time for some real change.

Edited July 27, 2011 by rapidrex

[krome2ez]

Cloward–Piven strategy

From Wikipedia, the free encyclopediaJump to: navigation, search

The Cloward–Piven strategy is a political strategy outlined in 1966 by American sociologists and political activists Richard Cloward (1926-2001) and Frances Fox Piven (b. 1932) that called for overloading the U.S. public welfare system in order to precipitate a crisis that would lead to a replacement of the welfare system with a national system of "a guaranteed annual income and thus an end to poverty". Cloward and Piven were a married couple who were both professors at the Columbia University School of Social Work. The strategy was formulated in a May 1966 article in left-wing[1] magazine The Nation entitled "The Weight of the Poor: A Strategy to End Poverty".[2]

The two were critical of the public welfare system, and their strategy called for overloading that system to force a different set of policies to address poverty. They stated that many Americans who were eligible for welfare were not receiving benefits, and that a welfare enrollment drive would strain local budgets, precipitating a crisis at the state and local levels that would be a wake-up call for the federal government, particularly the Democratic Party, thus forcing it to implement a national solution to poverty. Cloward and Piven wrote that “the ultimate objective of this strategy [would be] to wipe out poverty by establishing a guaranteed annual income...”[2] There would also be side consequences of this strategy, according to Cloward and Piven. These would include: easing the plight of the poor in the short-term (through their participation in the welfare system); shoring up support for the national Democratic Party then-splintered by pluralist interests (through its cultivation of poor and minority constituencies by implementing a national solution to poverty); and relieving local governments of the financially and politically onerous burdens of public welfare (through a national solution to poverty).

[edit] The strategyCloward and Piven’s article is focused on forcing the Democratic Party, which in 1966 controlled the presidency and both houses of the United States Congress, to take federal action to help the poor. They stated that full enrollment of those eligible for welfare “would produce bureaucratic disruption in welfare agencies and fiscal disruption in local and state governments” that would “deepen existing divisions among elements in the big-city Democratic coalition: the remaining white middle class, the working-class ethnic groups and the growing minority poor. To avoid a further weakening of that historic coalition, a national Democratic administration would be constrained to advance a federal solution to poverty that would override local welfare failures, local class and racial conflicts and local revenue dilemmas.”[3] They wrote:

“ The ultimate objective of this strategy—to wipe out poverty by establishing a guaranteed annual income—will be questioned by some. Because the ideal of individual social and economic mobility has deep roots, even activists seem reluctant to call for national programs to eliminate poverty by the outright redistribution of income.[3] ”

Michael Reisch and Janice Andrews wrote that Cloward and Piven "proposed to create a crisis in the current welfare system – by exploiting the gap between welfare law and practice – that would ultimately bring about its collapse and replace it with a system of guaranteed annual income. They hoped to accomplish this end by informing the poor of their rights to welfare assistance, encouraging them to apply for benefits and, in effect, overloading an already overburdened bureaucracy."[4]

[The Original Spike]

Yep... Just wait... A lot of the "religious fanaticism" points of view about conspiracy theories coming true, go figure. If you look back, we have had a lot of interesting debates on what's coming up. O backed by Kissinger has had legislation signed to have us all "chipped" by 2016, fact. We will then be assets of the state to be leveraged against our nation debt. And this is just the tip of the iceburg. Yes, scary times indeed....

[2fast4u2c]

Realdinar...without getting political, you do realize all the unemployment is a result of NAFTA, thanks to Bill Clinton.

Clinton said we would not need all the $10 per hour jobs because we would all be high tech.

[coolbeans]

George Soros openly discusses New World Order, SDR's, Dollar Decline, World Currency

http://www.youtube.com/watch?v=qu18lMrFvoc&feature=player_embedded

[flatdawg]

Realdinar...without getting political, you do realize all the unemployment is a result of NAFTA, thanks to Bill Clinton.

Clinton said we would not need all the $10 per hour jobs because we would all be high tech.

NAFTA was first proposed by... Reagan. It was implemented under Clinton.

November 13, 1979

While officially declaring his candidacy for President, Ronald Reagan proposes a “North American Agreement” which will produce “a North American continent in which the goods and people of the three countries will cross boundaries more freely.”

January 1981

President Ronald Reagan proposes a North American common market.

http://www.fina-nafi.org/eng/integ/chronologie.asp?langue=eng&menu=integ

Awake yet?

[rcrge]

I do believe the take down began when bush was in office, sad to say. Trillion dollar wars, recession, unemployment....while w was in washington.....my the pubs have a short memory

wow unbelievable you said the George Bush word and got a plus .......simply amazing

[Realdinar]

so that makes George Soros about 81 ---- how much longer do you think he will be around---- better be looking at who will follow in his footsteps.

Hopefully none of the dinar gurus

NAFTA was first proposed by... Reagan. It was implemented under Clinton.

November 13, 1979

While officially declaring his candidacy for President, Ronald Reagan proposes a “North American Agreement” which will produce “a North American continent in which the goods and people of the three countries will cross boundaries more freely.”

January 1981

President Ronald Reagan proposes a North American common market.

http://www.fina-nafi.org/eng/integ/chronologie.asp?langue=eng&menu=integ

Awake yet?

Hmmm...both pubs and libs have gotten us to where we are economically.

[acceb75]

From what I've read it doesn't seem to matter whether or not we default. We are probably going to still lose our AAA rating. I am not sure how this can mean that some anonymous person is holding up the RV. The person that made that hedge bet was speculating on us losing our rating which seems to be almost a given. How in the world does that have anything to do with the RV, I don't get it???