Your Economy: "Wally-Nomics 101"

Where does the money come from?

As we all know that the Federal Reserve CORPORATION prints money - then loans it, at interest, to our government, ( Ya did know that didn't ya?) but wait until you see what a total scam this process is.
Before we get to the meat of this issue, let's remember one thing about the very essence of banking - primarily that money should have some type of standard upon which its value is based. In the case of America, we operate on what is called a "gold standard" (i.e. our money is backed by gold). So, with that in mind, let's look at how money is actually created, and at what cost.
If the Federal Reserve wants to print 1,000 one-hundred ($100) bills, their total cost for ink, paper, plates, labor, etc. would be approximately $23.00 (according to Davvy Kidd in "Why A Bankrupt America").
Now, if you do the math, the total cost of 10,000 bills would be $230.00 ($.023 x 10,000). But, and here's the catch - 10,000 $100 bills equals $1,000,000! So, the Federal Reserve can "create" a million dollars, then LEND it to the U.S. Government (with interest) for a total cost of $230.00!
That's not a bad deal, huh! The banking industry calls this process "seignorage." I call it outright THEFT. Why? Well, regardless of the immense profit margin ($1,000,000 for $230), plus the huge interest payments, our government then needs to STEAL the American people's money to payoff their debts via a Mob-like agency called the IRS.
So the bankers steal from the government, then the government turns around and steals from the people.
I'm no genius, but who do you think is getting screwed in this process? US - the people at the bottom rung of the ladder.
What's worse is that - now catch your breath - there's NO MORE gold left in Fort Knox! It's all gone.
In other words, the GOLD STANDARD that our financial system was based upon is now an illusion. We can't convert our money into gold --- only other currency. The entire underlying basis for our money is now a lie - a sham.
The Federal Reserve has become so arrogant that they've become a literal MONEY MAKING MACHINE, creating currency out of thin air!
So that's where the Fed gets their money - they literally make it, then lend it to us so they can make even MORE money off of it.


(borrowed from http://www.pushhamburger.com/ )
I like this guy at Pushhamburger. He states the truth.
Yet again most people don't know the truth about how monies are created.

The only way to move forward is to design a new humanity.
The first step would be to stop buying slave made goods in China and the Far East.
Stop buying foreign made goods. Jap cars would be a good start! Japan has the strictest trade barriers in the world and have never been equal trading partners!
Then reestablish trade with equal trading partners. eg: Europe.
We should only trade products with countries that have equal salaries and benefits!...

More Ta Come.
Sa Later
Da Wallycrawler

Small Faces - You Need Loving

OK you wanna hear where Robert Plant and Jimmy Page got "Their" sound/

They ripped it off from this guy and many more.

Happy B-Day Steve. Day late.

Steve Marriott the great!

Happy Birthday Steve.

"The Real Rock Star"!

"Da Worst Winter In Da History O'Winters"!

Sometimes I Hate This Flip'n Country!

It Was The First Clear Dry Day Since November. So...

I Barried Da Needle!

I Think I'll Post A Few Of These This Year.

Have Ya Along On My Bike. Other Guys Cars.

Wa Ya Think?

Sa Later

Wally.

The Fox Is In Charge Of Da Hen House!

His First Mistake...

Is Our Last.

"OK everyone that's a sucker Scape-Goat put your hand up"!
"You too Joe"!
This man, Tim Geithner, is the definition of the word "Evil"!

WASHINGTON – New York Federal Reserve Bank ,<---(WATCH), President Timothy Geithner won confirmation Monday as President Barack Obama's treasury secretary despite personal tax lapses that turned more than a third of the Senate against him. Obama immediately put him to work fixing an economy in "dangerous jeopardy." "We can't waste a day," Obama said, standing beside Geithner as he was sworn into office by Vice President Joe Biden. The Senate voted 60-34 to put Geithner in charge of the administration's economic team as it races to halt the worst financial slide in generations. The swearing-in followed less than an hour later, the administration seeking to emphasize that it was wasting no time in trying to address the financial crisis. Obama said there had been a "devastating loss in trust and confidence" in the U.S. economy. In his remarks, Geithner said the new administration would work first to stabilize the financial system and get the economy growing again and then would move to reform the system. "We are at a point of maximum challenge for our economy and our country," Geithner said to a standing-room only audience in Treasury Department's ornate Cash Room. On hand were Federal Reserve Chairman Ben Bernanke and former Treasury Secretary Lawrence Summers, now director of Obama's National Economic Council. Referring to Geithner's tax problems, White House spokesman Robert Gibbs said Geithner had made amends — he has paid the taxes and penalties — and possessed the talent needed to steer the nation out of the crisis. Geithner, 47, served as undersecretary of the treasury for international affairs during the Clinton administration. As president of the New York Federal Reserve Bank, he's been a key player in the government's response to collapsing financial institutions and the housing and credit markets since last summer. The ambivalence dogging lawmakers was reflected in the fact that a third of the chamber voted against Geithner, in large part because of his failure to pay all his taxes on income received from the International Monetary Fund in 2001 and in three subsequent years. Ten Republicans overlooked that matter and voted for confirmation. One Republican, Sen. Arlen Specter of Pennsylvania, told reporters earlier in the day that he would vote yes, only to change his mind and vote no. Three Democrats and one independent voted against Geithner's confirmation, including Sen. Robert C. Byrd, D-W.Va., the longest-serving senator in history. "Had he not been nominated for treasury secretary, it's doubtful that he would have ever paid these taxes," Byrd said in a statement. For the prevailing majority, the real reason for Geithner's likely confirmation appears to be less a matter of bipartisan cooperation than political survival. Lawmakers of all stripes are eager to set the economy in the right direction long before voters judge their progress in the 2010 midterm elections. "People make mistakes and commit oversights," said Sen. Orrin Hatch, R-Utah. "Even the most intelligent and gifted — two adjectives that certainly apply to Mr. Geithner — make errors in their financial dealings." Even so, not everyone was convinced that the need for a speedy confirmation should trump concerns about the candidate. Sen. Susan Collins, R-Maine, didn't buy Geithner's contention that he skipped paying some taxes because he was confused by the complexities of the tax code. "They were described by the nominee himself as 'careless mistakes,'" Collins said in prepared remarks. "It has become clear to me that this is not merely a matter of complexity leading to mistakes, but of inexcusable negligence." Sen. Mike Enzi, R-Wyo., agreed and noted that his is one of the few voices of dissent. "Nominees for positions that do not oversee tax reporting and collection have been forced to withdraw their nomination for more minor offenses. They have been ridden out of town on a verbal rail," Enzi told the Senate. "The fact that we're in a global economic crisis is not a reason to overlook these errors." "The Senate," he scolded, "is not supposed to be a group of 'yes' men." It wasn't. Democratic Sen. Tom Harkin of Iowa lined up against the nominee, asking how someone of Geithner's "financial sophistication" could innocently not pay the taxes and then head up the agency that oversees the IRS. "How can Mr. Geithner speak with any credibility or authority?" Harkin said. Specter earlier in the day had told WHP radio in Harrisburg, Pa., that he planned to vote for confirmation, only to change his mind and vote no later in the evening. "I'm prepared to back Obama on this issue," Specter had said in the interview. "The economic situation is so tense right now and I don't want see us go back to square one and wait several weeks or longer for the process to bring in a new treasury secretary." The 10 Republicans who voted yes were Sens. Bob Corker of Tennessee, John Cornyn of Texas, Mike Crapo of Idaho, John Ensign of Nevada, Lindsey Graham of South Carolina, Judd Gregg of New Hampshire, Hatch of Utah, Richard Shelby of Alabama, Olympia Snowe of Maine and George Voinovich of Ohio. The Democrats voting no were Sens. Byrd, Russell Feingold of Wisconsin and Harkin of Iowa. Also voting no was Sen. Bernie Sanders, I-Vt., who caucuses with Democrats. Sens. Kit Bond, R-Mo., Sherrod Brown, D-Ohio, Edward M. Kennedy, D-Mass. and Ron Wyden, D-Ore., were absent. Senate seats representing Minnesota and New York are vacant. The Senate Finance Committee approved Geithner's confirmation in an 18-5 vote last week.

Obama Da Clone!

Who Owns Da Federal Reserve Bank?

Well here's a clue it's not you!

Or America.

) The Rothschild Family - London 2) The Rothschild Family - Berlin 3) The Lazard Brothers - Paris 4) Israel Seiff - Italy 5) Kuhn-Loeb Company - Germany 6) The Warburgs - Amsterdam 7) The Warburgs - Hamburg 8) Lehman Brothers - New York 9) Goldman & Sachs - New York 10) The Rockefeller Family - New York.
Now I don't know about you, but something is terribly wrong with this situation. Namely, don't we live in AMERICA? If so, why are seven of the top ten stockholders located in FOREIGN countries? That's 70%! To further convey how screwed-up this system is, Jim Marrs provides the following data in his phenomenal book, "Rule By Secrecy." He says that the Federal Reserve Bank of New York, which undeniably controls the other eleven Federal Reserve branches, is essentially controlled by two financial institutions:
1) Chase-Manhattan (controlled by the Rockefellers) - 6,389,445 shares - 32.3% 2) Citbank - 4,051,851 shares - 20.5%
Thus, these two entities control nearly 53% of the New York Federal Reserve Bank.
Doesn't that boggle your mind?
Now, considering how many trillions of dollars are involved here, and how the bankers are WAY above our "selected" officials in Washington, D.C., do you think the above-listed banks and families have an inordinate amount of say-so in how our country is being run?

Does any of those names sound familair?

Get A Clue Amereica!

This is Not "CHANGE"!

It's Da Same'Ol'Same'Ol!

"GET READY DA CRAWLER AM BACK"!

Luv Ya Guys

Wally.

As Da Cross Eyed Clown Retreats To His Ranch...

Don't Ever Forget..

"The only man, woman, or child who ever wrote a simple declarative sentence with seven grammatical errors is dead," American poet E.E. Cummings said on the passing of U.S. president Warren G. Harding, precursor to the far more extravagantly syntax-challenged George W. Bush.

Bemused by his losing battle with the language, but happy in his good fortune to occupy the White House just the same, Bush told the 2001 graduating class at Yale: "And to the C students, I say, you, too, can be president of the United States."
If you have tears, prepare to shed them now for the dozens of gag writers in the field of late-night comedy – a frightening number of them Canadian – obliged to quit Earl Grey for Wild Turkey as the Miscommunicator-in-Chief gives way Tuesday to a new president showing little sign of a propensity to mangle either the language or domestic and foreign policy.
Gags there will be, but alas much fewer and further between.
Assuming Dubya's future pensées are of interest mainly to the Crawford Daily Bugle, here's your last chance to review the 43rd president's greatest hits and identify the word or phrase he was attempting to convey.

"I want to share with you an interesting program -- for two reasons, one, it's interesting, and two, my wife thought of it -- or has actually been involved with it; she didn't think of it. But she thought of it for this speech." -- George W. Bush, discussing a company that improves access to clean water in Africa, Washington D.C., Oct. 21, 2008

This thaw -- took a while to thaw, it's going to take a while to unthaw." -- George W. Bush, on liquidity in the markets, Alexandria, La., Oct. 20, 2008

"I didn't grow up in the ocean -- as a matter of fact -- near the ocean -- I grew up in the desert. Therefore, it was a pleasant contrast to see the ocean. And I particularly like it when I'm fishing." --George W. Bush, Washington, D.C., Sept. 26, 2008

"What was the question? I’m 62, I’m having trouble remembering a lot of things." -- George W. Bush to a journalist at a press conference in Washington, D.C., July 15, 2008

"I think it was in the Rose Garden where I issued this brilliant statement: If I had a magic wand — but the President doesn’t have a magic wand. You just can’t say, low gas." -- George W. Bush, Washington, D.C., July 15, 2008

"Amigo! Amigo!" --George W. Bush, calling out to Italian Prime Minister Silvio Berlusconi in Spanish at the G-8 Summit, Rusutsu, Japan, July 10, 2008.

1. "Kosovians can move back in."
2. "Keep good relations with the Grecians."
3. "If the East Timorians decide to revolt, I'm sure I'll have a statement."
4. "It is incredibly presumptive for somebody who has not yet earned his party's nomination to start speculating about vice-presidents."
5. "If the terriers and bariffs are torn down, this economy will grow."
6. "Governor Bush will not stand for the subsidation of welfare."
7. "This is Preservation Month. I appreciate preservation. It's what you do when you run for president. You gotta preserve."
8. "I do not agree with this notion that somehow if I go to try to attract votes and to lead people toward a better tomorrow somehow I get subscribed to some – some doctrine gets subscribed to me."
9. "I don't want to win? If that were the case why the heck am I on the bus 16 hours a day, shaking thousands of hands, giving hundreds of speeches, getting pillared in the press and cartoons and still staying on message to win?"
10. "Other Republican candidates may retort to personal attacks and negative ads."
11. "I'm very gracious and humbled."
12. "I did denounce it. I de – I denounced it. I denounced interracial dating. I denounced anti-Catholic bigacy."
13. "This case has had a full analyzation and has been looked at a lot. I understand the emotionality of death penalty cases."
14. "A tax cut is really one of the anecdotes to coming out of an economic illness."
15. "I am a person who recognizes the fallacy of humans."
16. "I don't want nations feeling like that they can bully ourselves and our allies. I want to have a ballistic defence system so that we can make the world more peaceful, and at the same time I want to reduce our own nuclear capacities to the level commiserate with keeping the peace."
17. "They said, `You know, this issue doesn't seem to resignate with the people.' And you know something? Whether it resignates or not doesn't matter to me, because I stand for doing the right thing, and the right thing is hearing the voices of people who work."
18. "They misunderestimated me."
19. "I am mindful not only of preserving executive powers for myself, but for predecessors."
20. "Ann and I will carry out this equivocal message to the world: Markets must open."
21. "Whatever it took to help Taiwan defend theirself."
22. "Thirdly, the explorationists are willing to only move equipment during the winter, which means they'll be on ice roads, and remove the equipment as the ice begins to melt, so that fragile tundra is protected."
23. "I want to thank the dozens of welfare-to-work stories, the actual examples of people who made the firm and solemn commitment to work hard to embetter themselves."
24. "Over 75 per cent of white Americans own their home, and less than 50 per cent of Hispanos and African-Americans don't own their home. And that's a homeownership gap. And we've got to do something about it."
25. "There was no malfeance involved."
26. "I need to be able to move the right people to the right place at the right time to protect you, and I'm not going to accept a lousy bill out of the United Nations Senate."
27. "The law I sign today directs new funds and new focus to the task of collecting vital intelligence on terrorist threats and on weapons of mass production."
28. "Columbia carried in its payroll classroom experiments from some of our students in America."
29. "There was a time when many said that the cultures of Japan and Germany where incapable of sustaining democratic values. Well, they were wrong. Some say the same of Iraq today. They are mistakened."
30. "We've got hundreds of sites to exploit, looking for the chemical and biological weapons that we know Saddam Hussein had prior to our entrance into Iraq."
31. "That's why I went to the Congress last September and proposed fundamental – supplemental funding, which is money for armour and body parts and ammunition and fuel."
32. "We have enough coal to last for 250 years, yet coal also prevents an environmental challenge."
33. "Do you realize we've got 250 million years' of coal?"
34. "It seemed like to me they based some of their decisions on the word of – and the allegations – by people who were held in detention, people who hate America, people that had been trained in some instances to disassemble – that means not tell the truth."
35. "After the bombing, most Iraqis saw what the perpetuators of this attack were trying to do."
36. "I was not pleased that Hamas has refused to announce its desire to destroy Israel."
37. "My brother Jeb, the great governor of Texas."
38. "I don't have to accept their tenants. I was trying to convince those college students to accept my tenants."
39. "How do you know if you don't measure, if you have a system that simply suckles kids through?"
40. "We ought to make the pie higher."

If Ya Didn't Already Know?

ANSWERS: 1. Kosovars 2. Greeks 3. East Timorese 4. presumptuous 5. tariff barriers 6. subsidization 7. Perseverance Month 8. ascribed 9. pilloried 10. resort 11. grateful 12. bigotry 13. analysis 14. antidotes 15. fallibility 16. commensurate 17. resonate 18. underestimated 19. successors 20. unequivocal 21. itself 22. explorers 23. better 24. Hispanics 25. malfeasance 26. United States Senate 27. weapons of mass destruction 28. payload 29. mistaken 30. explore 31. body armour, not body parts 32. presents 33. 250, not 250 million 34. dissemble 35. perpetrators 36. renounce 37. Jeb Bush was governor of Florida, not Texas 38. tenets 39. coddles 40. bigger.

Good Bye

Don't Let The Door Hit Ya In Da Ass On Da Way Out!

Think Ya Can Find It This Time Retard?

Now We Canadians Are Saddled With A Far More Simpler Cretan.

aka: Stephen Harper "Puppet Of Da Oil Industry" And All Around "Western Fascist"!

One Down...One Ta Go! He Has His Foot Out Da Door. "Time Ta Kick'em"!

Bye Stephen.

Sa Later Wally.

A Lame Day In Da Life Of A "Lame Duck".

Washingtonpost.com


A Plaque on All Their Houses
By Dana MilbankFriday, January 16, 2009; A03
It seemed at first as if a prankster had hacked his way into the White House e-mail system.
"Ceremony to Commemorate Foreign Policy Achievements," said the advisory from the White House Office of Presidential Advance.
Two wars, the brink of global depression, and violence from Mumbai to Gaza? Par-tee!
With fanfare, they walked into the gilded Benjamin Franklin Room of the State Department yesterday: President Bush, the first lady, Secretary of State Condoleezza Rice and Rice's deputy, John Negroponte. They had come to praise great people. Namely, themselves.
Rice presented Laura Bush with a framed "Certificate of Appreciation." Then she presented Bush with a "commemorative plaque." And another commemorative plaque, which, like the first, was sheathed in a gold curtain. Finally, she had an honor guard present her boss with five flags in nifty triangular boxes.
"Mr. President, we've been through a lot together," Rice told Bush.
"We've been through a lot together," Bush told Rice.
"Mr. President, history's judgment is rarely the same as today's headlines," Rice assured Bush.
"History will say that Condi Rice was one of the great secretaries of state our country has ever had," Bush assured Rice.
Bush hung a Presidential Medal of Freedom around the neck of Ryan Crocker, his ambassador to Iraq. Everybody stood to applaud, and the president left to a Sousa march.
As one might expect of a Ceremony to Commemorate Foreign Policy Achievements of the Bush Administration, it did not last very long. Happily, that left plenty of time to enjoy the many other ceremonies yesterday in which the nation's leaders were celebrating one another.
On the Senate floor, Joe Biden and his colleagues were aggressively exchanging praise. Republican leader Mitch McConnell (Ky.) praised Biden. Tom Carper (D-Del.) praised Biden. Orrin Hatch (R-Utah) praised Biden. "When people talk about Vice President-elect Joe Biden, they talk about his courage, his family, his remarkable career in the United States Senate," Majority Leader Harry Reid praised.
Biden, in his final speech, praised them back: "The United States Senate has been my life, and that is not a hyperbole," he said. The notoriously long-winded vice president-elect had to stop his speech after 40 minutes -- because it was time to praise Hillary Clinton.
Chuck Schumer (D-N.Y.) praised the future secretary of state. Barbara Mikulski (D-Md.) praised Clinton. McConnell praised Clinton. John Cornyn (R-Tex.) praised Clinton. And Clinton, naturally, returned praise. She praised Biden. She praised her staff. And she praised her colleagues, "public servants of both parties who bring their expertise and enthusiasm."
Over in the Russell Caucus Room, the Senate Judiciary Committee was holding what was supposed to be a contentious confirmation hearing for Eric Holder to become attorney general. But even there, the atmosphere soon became celebratory. Republicans swallowed their misgivings and generally gave Holder an easy time. And Democrats laid on the praise. "His record of public service, his integrity, his experience, his commitment to the rule of law merit our respect," Chairman Patrick Leahy (D-Vt.) announced before Holder had said a word.
"Perhaps the best indication of Eric's excellence," said Del. Eleanor Holmes Norton (D-D.C.), introducing Holder, "is that in a very competitive pool of the best and the brightest, he rose to the top like cream in rich milk."
Holder, in turn, praised his future boss, "a president-elect who is a brilliant constitutional lawyer, a person with a great moral compass."
Sen. Herb Kohl (D-Wis.), owner of the Milwaukee Bucks, set the tone for the celebratory questioning of the nominee. Noting that both Holder and President-elect Barack Obama play basketball, Kohl asked the nominee: "In the event, Mr. Holder, he invites you to the gym for a little one-on-one, will you promise us and the American people that you will do everything in your power to defeat him as badly as you can?"
But nobody has been dishing out -- and seeking -- as much adulation as the current president. On Monday, he awarded the Presidential Medal of Freedom to three world leaders, including former Australian prime minister John Howard (who had taken up residence at Blair House, across the street from the White House, and prevented the Obama family from moving in). To highlight his own praiseworthiness, Bush has released two legacy-burnishing booklets, the 40-page "100 Things Americans May Not Know About the Bush Administration Record" and the 50-page "Highlights of Accomplishments and Results of the Administration of George W. Bush."
Laudatory though they are, pamphlets can't touch the grandeur of a ceremony at the State Department -- and Rice put on a show for her boss yesterday with all the fixings: the crystal light fixtures, the presentation of the colors, the framed medals and flags. With a flourish, the military aide pulled back curtain No. 1 to reveal the first plaque, and curtain No. 2 to reveal the second plaque. "This one shows what you have done to expand the circle of human freedom in the world," Rice announced.
Bush had no awards for Rice, but he did come with praise for her ("She's like my sister") and for himself. "In short, we've made our alliances stronger, we've made our nation safer, and we have made the world freer," he said.
And now he has proof: two commemorative plaques, a handsome boxed flag set, and a certificate for the wife.

Know Your Enemy

POWERFUL!

Dog's Life My Ass!...

It's A Cat's Life!

Toronto International Motorcycle Show 2009

I Went To The Show Look'n For A "Bagger"...

Looks What I Fell'n Love With!

A Brand New "Victory"!!!

Da Ya Think Da Wallycrawler Should Pull Da Trigger On This "Bad Boy"?

...Or Should I Do What The Wife Wants To Do And Buy The "Couch"?

This Is The Bike That's fer Sale.

Ahhh... She Wants To Ride.

Sa Later Wally.