Wednesday, October 25, 2017

Nixon was Correctly Impeached for the Wrong Reason

Sure, Nixon is hated, and rightly so.  Not for Watergate – he did nothing different, in principle, than every other president in the last 75 years. What did he do that was so abominable? Taking the US off the gold standard.
“All this [Watergate] broke out 11 months after Nixon’s disastrous decision to take away the gold backing of the dollar on Aug 15, 1971. Nixon should not have been impeached for the Watergate scandal but for his decision to end the gold backing of the dollar. That disastrous decision is what will lead to a total collapse of the world economy and the financial system, starting sooner than anyone can imagine.”
A scary comparison follows:
“Just like the world never questioned the massive Madoff Ponzi scheme, no one ever questions the $2 quadrillion (including derivatives and unfounded liabilities) Ponzi scheme that the whole world is now involved in. Madoff was a saint compared to what the world is now being subjected to. So why is no one protesting and why does everyone believe that this will continue. Well, for exactly the same reasons that they believed in Madoff – Greed and Vested Interest. Governments, central bankers, bankers, fund and asset managers and investors don’t want anyone to cry wolf. The whole world wants this wonderful Ponzi fraud to go on for ever. But it won’t. Instead it will come to a very abrupt end in the next few years and no one will be prepared.”

I support this.  Tell your Congressman to stop the war in Yemen.


This is really funny from Scott Adams.  

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