The “Break it Down” Blog

The first time the $700 billion buyout bailout was voted on, it failed, and the Dow dropped 770 pts.

The next time it was voted on, and passed, the Dow dropped.

The last time it was re-voted on it finally passed and what’s that? Yep, the Dow dropped another 700 pts just for good measure.

How did this happen? Didn’t that “much needed” $700 billion buy us back our economy and let things rock and roll like the good old days? Nope, not even close.

Before we go any further, I really recommend setting aside 10mins, or even 5mins, to begin watching the “How the Banking System Really Works” series on YouTube, if you aren’t fascinated within the first 5mins, you can stop watching it, but chances are you will baffle at how our banking system actually creates money:

NOTE: It is not done using gold or some other logical mechanism that you learned about in school. The debt itself plus it’s interest-potential is what actually creates the money.

Now if you gave that a quick watch and got the gist of how our banking system started off and how quickly, way back in those days (talking centuries ago), it became necessary and easy for bankers to create wealth out of thin air, the idea of a few entities 100s of years later controlling the mass majority of wealth in our functioning world doesn’t seem so far-fetched. When you think that banks got all high-tech and greedy in the last 10 years, it seems impossible, but that’s not how it happened.

Now give this movie a quick glance, it’s only a few mins long, and explains why the $700 billion really could do nothing to save our economy. Our economy functions at a burn rate in the trillions of dollars, throwing $700 billion into the pot is like pissing into your swimming pool and wondering why it’s not flooding over.

The movie analyzes how much money, namely trillions, has been created over the last few years just to shore up our economy and keep it running. You might have also noticed that there seems to be no oversight or voting taking place on this money-creation policy, it just keeps happening.

So the bubble keeps growing and growing, our currency keeps slipping and slipping and now some might say the bubble is in the process of bursting because of “Bad choices”.

Seriously? Bad choices?

Our government has 100+ years of financial history to draw on, the most powerful computers in the world, the most brilliant financial minds and no one can figure out what was going to happen 40 years ago? 10 years ago? 10 years from now?

No way. The stage is being set for NAU.

NAU – North American Union, that would represent a union between Canada, the U.S. and Mexico all with a single currency: The Amero.

Rumors about the Amero have been circling for 10 years now, with reports of Bush continuing talks with Mexican presidents about how to better unify the continent, opening borders and streamlining travel across the country lines. The only way to ever successfully unify the three countries would first require the US Dollar to be depressed enough, and the American people scared enough, to adopt a new currency with the promise of a revised economy with open-arms.

Such a move would be impossible while the US Dollar was strong.

What we have seen over the last 5 years is exactly what, with this move continuing to inject money into a system so flush and laden with cash that the only thing it’s doing is slowly down the house of cards from collapsing, it’s not a real solution… a real solution is something completely different from what is being done and about any senior economist with a clear picture of the US’s financial habits likely has input on.

The government isn’t retarded, as much as we would like to think, they know this, and there are entire departments who’s job it is to keep this economy healthy and functioning. Destroying this country and having our economy collapse in a giant disaster doesn’t help any country on this planet, it would effect everyone.

We are actually watching an agenda get executed here, slowly, over some years, beginning with policies that would ensure a depressed dollar and eventually grease the wheels for what needed to get done.

I personally think combining into the North American Union could be a really awesome growth opportunity for us collectively as a continent. Bringing the low-cost of Mexico production up into the entrepreneurship of the US… and I guess Canada has really nice people which is awesome, but more importantly establishing more official relationships with regards to natural-fuel collection and distribution (natural gas, oil, etc.) would give all the countries a chance to adjust their focus and growth towards a collective future.

It is estimated this combination of the world’s countries into localized unions has been in the books for quite a while now and began with the European Union as the test-bed. I’d say so far they are doing OK?

As this world’s population gets larger, and the planet gets smaller, growth and assimilation like this is inevitable. It seems scary because it’s all coverty, but you couldn’t execute a plan like this over night or any other way. Try and come out on CNN Financial news and account that America will be changing it’s currency and let me know how that goes once all the markets in the world crash simultaneously. Hell… just try and get us on the metric system with a single announcement and let me know how that goes.

Update #1: Iceland’s economy is collapsing and one of the proposed solutions is to have Iceland join the European Union. Sound familiar? Thanks Marc!

Update #2: Very interesting, the House wasn’t too happy about being pressured into passing this. In private conversations they were told that the market would drop 2-3k points each day, for the first 2 days and some other congressman were told that the US Govt would invoke martial law if the $700 billion bailout wasn’t passed.

Update #3: Author Naomi Wolf (Give me Liberty) is interviewed and gives input about the congressman’s comment around minute 8. She also mentions that on October 1st, this year, the 1st Brigade of the 3rd Infrantry Division (3-4k soldiers) was deployed within the US for the first time since 1807 with the mission of “Crowd Control” and “Subduing Unruly Individuals” (re: Army Times). In addition to that there was a $100 billion provision in the “bail out” giving the president unlimited oversight on how to spend those funds without discretion. So awesome… the president has his own army now.

I can’t imagine why that was necessary or what it’s going to be used for, but if I had to guess I’d say this is all in preparation for announcing Amero/NAU and stymieing any protesting against it immediately with brute force to ensure the transition goes over (smoothly or not).

Pretty interesting developments, similar to things that happened in the 1920s in some other <cough> countries.

Update #4: Ignoring the dooms-day stuff, and given that we don’t know, won’t know and are never told truly what happens in a countries day-to-day existence, do you think there is any other way to try and unit Canada and Mexico with the US in a successful way by voting? I couldn’t see that ever getting voted through and that would make the World Bank sad.

But seriously… honestly, aren’t we all going to unit at some point? Ok fine, not tomorrow, but what 50 years? 100 years? 200 years? When the population is 30 billion? I’m just wondering if this is postponing the inevitable?

Update #5: Alex Jones has Brad Sherman on the air and takes a look at the mobilization of the army within the US and the shift of the National Guard from answering to the governors to president along with full economic control by the treasury and not the congress anymore. Pretty interesting: