The average job in the automotive manufacturing sector was compensated at a level 60 percent higher than the average U.S. job. As a matter of fact these jobs pay for about 50% of the U.S. and Canadian economy. If you outsource your own way of life, don't expect that it wont be turned upside down.
Showing posts with label wally nomics. Show all posts
Showing posts with label wally nomics. Show all posts
Saturday, March 21, 2009
How Da Auto Industry Effects Our Economy?
Here's a simple answer:
"The automobile industry is an expensive industry to be in and to stay in business they have to sell cars. If the economy is bad and people are not buying new cars because they cannot afford new cars and gas prices are also forcing people to choose alternative ways of travel, car pooling, public transport, etc., the automobile industry suffers. If this last too long, to meet costs and avoid going under the automobile industry will have to cut back, close plants, etc., which in turn also has a detrimental effect on the economy".
Do you think that's the answer?
If you say yes, your way wrong!
Did you know the the American auto industry effects 69% of our GDP ( Gross Domestic Product)? It does. Did you know that when Toyota was announced as the the leader in auto sales in the world that in the next following weeks a recession occured world wide? It did. Do you know that when the U.S.'s GDP rises that stock markets all around the world rise with it? It does. Did you know when Japan's GDP rised to it's highest level in the late 1980's that there was a housing collapse world wide? It did.
It touches everyone of you in some way or another. World wide.
The average job in the automotive manufacturing sector was compensated at a level 60 percent higher than the average U.S. job. As a matter of fact these jobs pay for about 50% of the U.S. and Canadian economy. If you outsource your own way of life, don't expect that it wont be turned upside down.
The average job in the automotive manufacturing sector was compensated at a level 60 percent higher than the average U.S. job. As a matter of fact these jobs pay for about 50% of the U.S. and Canadian economy. If you outsource your own way of life, don't expect that it wont be turned upside down.
This economic downturn has everything to do with Americans And Canadians not buying our own product.
We as a nation should fire bomb the Honda and Toyota plants not lend them money to build plants and lower our national average income.
If you want to restart our economy look out to your garage. If it's a foreign made vehicle take it out to the woods and set fire to it. Phone it in stolen. Or better still trade it in. Buy an American or Canadian made car. It my cost ya a few bucks, but in the long run it's the best money you've ever invested in. It's time to take care of our own! Make sure it's an real American made car. Some cars carry Ford, Chrysler and GM name brands, but are made in Mexico, Korera...etc...
What is going down in both of our contries is the largest union bust in histroy and we're just sit'n back and watching it. Doing noth'n but watching...Lemings.
It's time to stand up fight and give our jobs back to our freinds and family. To make our purchases count.
Sa Later
Wally
Posted by
wallycrawler
at
10:00 AM
25
Don't Just Sit There Say Sumthin !
Labels: wally nomics
Sunday, February 08, 2009
What Is Da Central Bank? : "Wally-Nomics 103"

A central bank is an institution that produces the currency of an entire nation. Based on historical precedent, two specific powers are inherent in central banking practice: the control of interest rates and the control of the money supply, or inflation. The central bank does not simply supply a government's economy with money, it loans it to them at interest. Then through the use of increasing and decreasing of supply of money the central bank regulates the value of the currency being issued. It is critical to understand that the entire structure of this system can only produce one thing in the long run: DEBT.
It doesn't take a lot of ingenuity to figure their scam now. For, every single dollar produced by the central bank is loaned at interest. That means every single dollar produced is actually the dollar plus a certain percent of debt based on that dollar. And since the central bank has the monopoly of the production of the currency for the entire country and they loan each dollar out with an immediate debt attached to it, where does the money that pay for the debt come from? It can only come from the central bank again. Which means the central bank has to perpetually increase its money supply to temporarily cover the outstanding debt created which in turn, since that new money is loaned out at interest as well creates even more debt? The end result of this system without fail is slavery for it is impossible for the government, and thus the public, to ever come out of the self-generating debt. The founding fathers of this country were well aware of this.
“I believe that banking institution are more dangerous than standing armies… If the American people ever allow private banks to control the issue of currency… the banks and corporations that will grow up around them will deprive the people of their property until their children wake up homeless on the continent their fathers conquered”-Thomas Jefferson (1743-1826)
“If you want to remain slaves of the bankers and pay for the costs of your own slavery, let them continue to create money and control the nation’s credit”-Sir Josiah Stamp (1880-1941)
By the early 20th century the US have already implemented and removed a few central banking systems, which were swindled into place by the ruthless banking interests. At this time, the dominate families in the banking and business world were: J.D. Rockefeller, J.P. Morgan, Paul Warburg, Baron Rothschild. And in they early 1900's they sought to push once again legislation to create another central bank. However, they knew the Government and public were very wary of such an institution. So they needed to create an incident to affect the public opinion. So J.P.Morgan, publicly considered a financial luminary at the time, exploited his mass influence by publishing rumours about a prominent bank in New York wasn't solvent or bankrupt. Morgan new this would cause mass hysteria which would affect other banks as well. And it did. The public in fear of losing their deposits immediately began mass withdrawals. Consequently, the banks were forced to call in their loans causing their recipients to sell their property and thus the spiral of bankruptcies, repossessions and turmoil emerged. Putting the pieces together a few years later... Fredrik Allen of Life Magazine wrote:
“The Morgan interests took advantage… to participate the panic [of 1907] guiding it shrewdly as it progressed” –Frederik Allen, Life Magazine
"Panic is the theme in banking. Start a panic and get the masses to lose confidence in their own companies, the shareholders lose their life savings, then the bank swoops in, destroys, sells off to the same group of individuals... Start again...etc..." Wallycrawler 2009
Borrowed From The Zeitgeist Movement.
It doesn't take a lot of ingenuity to figure their scam now. For, every single dollar produced by the central bank is loaned at interest. That means every single dollar produced is actually the dollar plus a certain percent of debt based on that dollar. And since the central bank has the monopoly of the production of the currency for the entire country and they loan each dollar out with an immediate debt attached to it, where does the money that pay for the debt come from? It can only come from the central bank again. Which means the central bank has to perpetually increase its money supply to temporarily cover the outstanding debt created which in turn, since that new money is loaned out at interest as well creates even more debt? The end result of this system without fail is slavery for it is impossible for the government, and thus the public, to ever come out of the self-generating debt. The founding fathers of this country were well aware of this.
“I believe that banking institution are more dangerous than standing armies… If the American people ever allow private banks to control the issue of currency… the banks and corporations that will grow up around them will deprive the people of their property until their children wake up homeless on the continent their fathers conquered”-Thomas Jefferson (1743-1826)
“If you want to remain slaves of the bankers and pay for the costs of your own slavery, let them continue to create money and control the nation’s credit”-Sir Josiah Stamp (1880-1941)
By the early 20th century the US have already implemented and removed a few central banking systems, which were swindled into place by the ruthless banking interests. At this time, the dominate families in the banking and business world were: J.D. Rockefeller, J.P. Morgan, Paul Warburg, Baron Rothschild. And in they early 1900's they sought to push once again legislation to create another central bank. However, they knew the Government and public were very wary of such an institution. So they needed to create an incident to affect the public opinion. So J.P.Morgan, publicly considered a financial luminary at the time, exploited his mass influence by publishing rumours about a prominent bank in New York wasn't solvent or bankrupt. Morgan new this would cause mass hysteria which would affect other banks as well. And it did. The public in fear of losing their deposits immediately began mass withdrawals. Consequently, the banks were forced to call in their loans causing their recipients to sell their property and thus the spiral of bankruptcies, repossessions and turmoil emerged. Putting the pieces together a few years later... Fredrik Allen of Life Magazine wrote:
“The Morgan interests took advantage… to participate the panic [of 1907] guiding it shrewdly as it progressed” –Frederik Allen, Life Magazine
"Panic is the theme in banking. Start a panic and get the masses to lose confidence in their own companies, the shareholders lose their life savings, then the bank swoops in, destroys, sells off to the same group of individuals... Start again...etc..." Wallycrawler 2009
Borrowed From The Zeitgeist Movement.
"You know, it's a mystery as to why people think Roosevelt's policies pulled us out of the Depression. The problem was that you had unemployed machines and unemployed people. How do you get them together by forming industrial cartels and keeping prices and wages up?":
Milton Friedman 2006
A Central Bank Now Controls North American Currencies. The Federal Reserve Bank.
A Central Bank Now Controls Europe's Currencies. The European Central Bank.
The Same People That Own The "Fed" And The "ECU", Control The World Bank.
A Central Bank Now Controls Most Of The Worlds Finances.
More To Come My Friends
Sa Later Wally
A Central Bank Now Controls North American Currencies. The Federal Reserve Bank.
A Central Bank Now Controls Europe's Currencies. The European Central Bank.
The Same People That Own The "Fed" And The "ECU", Control The World Bank.
A Central Bank Now Controls Most Of The Worlds Finances.
More To Come My Friends
Sa Later Wally
Posted by
wallycrawler
at
9:17 AM
10
Don't Just Sit There Say Sumthin !
Labels: wally nomics
Thursday, February 05, 2009
Da Religion Of Money. "Wally-Nomics 102".
William Grieder, former assistant managing editor of the Washington Post, wrote a book in 1987 entitled, "Secrets of the Temple: How the Federal Reserve Runs the Country" that details how the Controllers have conditioned us to accept this absurd situation.
"To modern minds," he writes, "it seemed bizarre to think of the Federal Reserve as a religious institution. Yet the conspiracy theorists, in their own demented way, were on to something real and significant.
The Fed did also function in the realm of religion. Its mysterious powers of money creation, inherited from priestly forebears, shielded a complex bundle of social and psychological meanings. With its own form of secret incantation, the Federal Reserve presided over awesome social ritual, transactions so powerful and frightening they seemed to lie beyond common understanding.
" Mr. Grieder continues, "Above all, money was a function of faith. It required implicit and universal social consent that was indeed mysterious. To create money and use it, each one must believe, and everyone must believe. Only then did worthless pieces of paper take on value.
" Do you get it? MONEY is an ILLUSION! Why? Because the gold standard upon which our money is supposed to be based has been eliminated. There's no more gold in Fort Knox. It's all GONE!
Now, money really IS only paper!!!
In the past, money was supposed to represent something of tangible value. Now it's simply paper! Taken one step further, many of us don't even use paper money any more! Why? Well, here's a scenario.
Many places of employment directly deposit their employee's paychecks into the bank. Once the money is there, when bill time comes around, the person in question can write out a stack of checks to pay them. Plus, when they need gasoline they use a credit card; and groceries a debit card. If this person goes out for dinner on Friday night, they can charge the tab on their diner's card. But what about the tip? They simply scribble in the amount at the bottom of the check. So far, the person hasn't spent a single dollar bill. Plus, if you bring electronic banking into the picture, we've virtually eliminated the use for money. And, God forbid, what happens when encoded microchips are implanted into the backs of our hand? In essence, money has become nothing more than an illusion - an electronic figure or amount on a computer screen. That's it! As time goes on, we have an increasing tendency toward being sucked into this Wizard of Oz vortex of unreality. Think about it.
Americans as a whole are carrying more personal debt than in any other time in history.
Plus, our government keeps going further and further into the hole, with no hope of ever crawling out. But we have less and less actual MONEY!
We're being enslaved by the debt of electronic blips on a computer screen! And 70% of the banks that control this debt via the Federal Reserve exist in foreign countries!
What in God's name is going on?
As author William Bramley says, "The result of this whole system is MASSIVE debt at every level of society." We're getting screwed in a sickening way, folks, and the people doing it are demented magician-priests that use the ILLUSION of money as their control device. And I hate to say it, but if we allow things to keep going as they are, the situation will only get worse.
Taken from Push Hamburger
"To modern minds," he writes, "it seemed bizarre to think of the Federal Reserve as a religious institution. Yet the conspiracy theorists, in their own demented way, were on to something real and significant.
The Fed did also function in the realm of religion. Its mysterious powers of money creation, inherited from priestly forebears, shielded a complex bundle of social and psychological meanings. With its own form of secret incantation, the Federal Reserve presided over awesome social ritual, transactions so powerful and frightening they seemed to lie beyond common understanding.
" Mr. Grieder continues, "Above all, money was a function of faith. It required implicit and universal social consent that was indeed mysterious. To create money and use it, each one must believe, and everyone must believe. Only then did worthless pieces of paper take on value.
" Do you get it? MONEY is an ILLUSION! Why? Because the gold standard upon which our money is supposed to be based has been eliminated. There's no more gold in Fort Knox. It's all GONE!
Now, money really IS only paper!!!
In the past, money was supposed to represent something of tangible value. Now it's simply paper! Taken one step further, many of us don't even use paper money any more! Why? Well, here's a scenario.
Many places of employment directly deposit their employee's paychecks into the bank. Once the money is there, when bill time comes around, the person in question can write out a stack of checks to pay them. Plus, when they need gasoline they use a credit card; and groceries a debit card. If this person goes out for dinner on Friday night, they can charge the tab on their diner's card. But what about the tip? They simply scribble in the amount at the bottom of the check. So far, the person hasn't spent a single dollar bill. Plus, if you bring electronic banking into the picture, we've virtually eliminated the use for money. And, God forbid, what happens when encoded microchips are implanted into the backs of our hand? In essence, money has become nothing more than an illusion - an electronic figure or amount on a computer screen. That's it! As time goes on, we have an increasing tendency toward being sucked into this Wizard of Oz vortex of unreality. Think about it.
Americans as a whole are carrying more personal debt than in any other time in history.
Plus, our government keeps going further and further into the hole, with no hope of ever crawling out. But we have less and less actual MONEY!
We're being enslaved by the debt of electronic blips on a computer screen! And 70% of the banks that control this debt via the Federal Reserve exist in foreign countries!
What in God's name is going on?
As author William Bramley says, "The result of this whole system is MASSIVE debt at every level of society." We're getting screwed in a sickening way, folks, and the people doing it are demented magician-priests that use the ILLUSION of money as their control device. And I hate to say it, but if we allow things to keep going as they are, the situation will only get worse.
Taken from Push Hamburger
Posted by
wallycrawler
at
3:29 PM
5
Don't Just Sit There Say Sumthin !
Labels: wally nomics
Saturday, January 31, 2009
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
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
Posted by
wallycrawler
at
12:02 PM
2
Don't Just Sit There Say Sumthin !
Labels: wally nomics
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