Death of a Dollar

Author's Note: The following information is more important than Spitzer looking for love in all the wrong places--don't be misled.

For every news article that talks about the ever-weakening dollar, articles that tell by exactly how much the dollar has weakened become lost in the mix. And I can't say that's by accident, given that most mainstream articles speak of the dollars decline, but never inform us how far it's dropped.

After all, American citizens are seen as fragile people who must be protected from bad news at all costs, hence watered-down versions of what's really happening are the only way to go--not to mention, it's the American way. 

My advice to anyone believing this economy is going to all of a sudden blossom again is to forget about a new day in America where everything will be back to normal, gas prices will have reset, food will be cheaper, housing will be affordable, jobs will be plentiful and the water will be free of pharmaceuticals. Right now, American citizens have more pressing matters to attend. 

America is in the throes of a collapse and has been for some time. It's only now that those who haven't been paying attention are realizing the extent to which so-called leaders have doomed this country. When quasi-government establishments such as the Federal Reserve begin lending "money" to "investment" banks (Bank of America, Washington Mutual--just to name a few), and then manipulate headlines with the illusion that the stock market has bounced back and seen it's largest point-jump in years, we should be suspicious--very suspicious, especially when that temporary salve is gone by the next day.

And if we were to look at the fine print, this is a temporary salve, meant to fool "consumers" aka investors into believing that everything will be OK--that is, as long as those investment banks can turn a profit on the "money" within the next 28 days. The fine print also tells us that the bad debts the Fed and central banks (international bankers) took off the hands of these investment banks will be handed back to them after completion of the temporary salve.

So, what plans have you set in motion for the coming outward collapse of America? Are you prepared to fend for yourself and your family for 30 days or more, if needed--keeping in mind that the dollar could be as worthless as it really is? Do you intend to stay in America or have you begun to lay the groundwork for repatriation or relocation?

More Information:

Dollar Trades for $1.55 Euros

Federal Reserve and other Central Banks Announce Specific Measures Designed to Address Liquidity Pressures in Funding Markets

Federal Reserve Announces Results of Auction of $50 Billion in 28-day Credit Held on March 10, 2008

How Much is My Dollar Worth in Other Countries?

New York Fed to Discontinue Publication of Foreign Exchange Rates