Net Center

Center for Truth

"One if by Land and the Lantern is Lit..."
** Doing What the Multi-Billion Dollar Media Won't do **
The Truth will set you free. . . But only if You share it!





It's not about Republican or Democrat, Conservative or Liberal, Right or Left it's about Right and Wrong especially if it deviates from the Constitution of these united States of America, which includes the Bill of Rights, of which this country was founded. This is a Government Of, By and For the People. They work for us, The People, and are duly sworn to uphold all articles of the Constitution. "To preserve, protect and defend the Constitution against all enemies, foreign and domestic." The people have a duty and obligation to stay informed and keep watch over their government however if they are fed misleading or incorrect information, by those who would then profit from those lies, then what's a person to do? You need to search out and read the real news here and from real news sites. Remember, public awareness drives public opinion.


A Quick Overview of the Stinking Financial Mess


This government of the U.S. is more than totally broke. As David Walker of the GAO tells here and as I have shown on this website for over four years, we are all in a heap of trouble because of the Bush policies of diverting funds which were to pay off "future obligations." This was a continuation of Clintons raiding the SS trust fund before him. And that is just for Social Security and Medicare. There are other debts accumulating.. Ron Paul is the only person that has been sounding the warning in CONgress for the past 25 years, increasingly so especially during the past 5 years, about this problem, apparently to deaf ears while the media has been very silent on this matter till now.


2007 	
September 18 50 4.75
October   31 25 4.50
December  11 25 4.25

2008  	
January   22 75 3.50
January   30 50 3.00
March     18 75 2.25

Notice (on the chart above) that value of the dollar falls each time the Fed cuts its interest rate, actually it starts falling just prior on the news that the cut is about to go in. This is a direct cause and effect tantamount to throwing fuel to the inflationary fire which just makes conditions much worse. The latest and most devastating fall happened toward the end of February on the mere news that there was going to be another cut.

On top of this they keep adding massive infusions of cash to the market in order to bail out only those most crooked bankers and investors that have gamed the system the most. They gambled with a leverage/margin of normally 10 to 1 but Bear Stearns is reported to be in there for over 30 to 1. The problem gets much worse, when they bundle and create SIVs and CDS' there is a further leverage of leveraged assets. This goes to then 100 to 1 and on and on. In 2005 there were $72 Trillion in derivatives with leverage reported to be 712 to 1 average. The latest is there are $516 Trillion in derivatives out there. That is 10 times the GDP of the entire world.

These infusions come out of thin air in that they just print more money but the direct effect is just adding more water to an already watered down dollar. They are not only prolonging the inevitable fall of these crooks on wall street but they are rewarding them with our money. It was their gamble and they should lose and go to jail for their reckless actions.

It was also the incredibly stupid gamble of all those that bought or refinanced homes since 2004 thinking that prices would always go up. This is the Tulip mania (madness of crowds) all over again. By mid 2004, for me and many others, the red lights have been blinking like crazy. It was reported here and many other places that this was going to be the end result of the feds actions of lowering the interest rate all the way down to 1%. This was done to give an "artificial prosperity" to keep the plebs happy and kick the already boiling financial mess down the road, they hoped till 2009 for the next president to deal with.

As currency traders react to each new injection of liquidity and the lowering of US interest rates, the dollar keeps losing value. It lost 1% this past week compared to the Euro. It has gone down 6% in the past month, 17% in the last year, and a whopping 31% since late 2005. The Fed should stop cutting rates, which would end that decline.

Our major creditors do not want the weak dollar and thus dump it increasingly. Most intelligent people can see this relationship however the guy that has his hand on the "money eject button" seems to either not have a clue or is deliberately doing this to destroy the dollar and your future. Neither of which is a good thing thus Bernanke is just too dangerous to be allowed to be where he is and do what he is doing. He is quite literally "a weapon of mass destruction."

Now a true free market would have crashed and recovered back in 2004 or so but this is not one of those. To the consternation of those that thought they were in the know and on top of it all is the fact that there is a thing called the "Presidents working group on financial markets" - PWG. This is the infamous Plunge Protection Team that was created just after the 1987 crash. It purpose was to prevent that type of thing from happening again.

Well they have been using it to come in and buy up the market thus boosting prices of those stocks that were sinking and make it appear that happy times are here again, over and over... Did you ever wonder why banks and financial institutions were the ones that benefited the most after the last several 3-400 point crashes? Why would anyone be jumping into something that was all bad news, then the next day the market is up 300. Furthermore, a not well understood result of this is that the Government now owns a major amount of those stocks that it propped up in the past. So now they cannot allow them to go down and will do anything to continue this farce and that includes printing money and is the reason for helicopter ben (Bernanke) to arrive on the scene.

The problem, as it has always been is that all money (National Debt., Wars, excess spending..) has to be paid back eventually. If they just keep printing it then that dilutes YOUR money and causes inflation which lags for an amount of time, but it will catch up eventually. Their debts will be left for YOU to pay them back. How they will make you do that is to destroy everyone except for the mega rich, through extreme inflation -- boom/bust cycles, and then take their assets for pennies. The bust is in process.

The 1929 crash and depression was similar but different in the way that it was Deflationary because the fed deliberately pulled the money from the public supply and made cash very sparse. No one had any money and no one could pay anyone and everything just crashed. Now heli ben (ben from hell?) seems to think that he is studied in the great depression and he states "He will never allow that to happen again." Thus his intentions to throw money at the problem -- The one that they created in the first place -- but this one will be an Inflationary depression... if not Hyperinflationary Depression.

I do not want to blame this all on Bernanke, prior to him, Greenspan laid the perfect foundation for him. In 1999, Clinton and Greenspan killed the Glass-Steagal act. This was the 1933 FDR Federal Banking act that was put in place to prevent any funny investing by the banks of their meagre 10% assets. By killing it the banks and large financial institutions have been free to play the derivatives game to abandon. On top of that in 2003 the Bush admin stifled and killed all investigations made by Elliot Spitzer and 49 other attorneys General of the other states into fraudulent loan practices which was the cream of this crop of corruption.

By lowering the interest rate well below the real CPI/Inflation rate the central bank is helping securities firms while delaying and deepening a bear market and recession. The long term consequences will be devastating for the dollar. Our status of the worlds reserve currency is pretty much kaput when we are borrowing nearly $3 Billion dollars a day to fund our extreme expenditures. The creditor nations are just plain tired of funding our reckless spending for illegal wars, attacking other innocent nations that just happen to be sitting on tons of oil. Iraq has now cost over $3 Trillion with a long term cost at upto $5 Trillion if we were to leave now. We are now running over $600 Billion in deficits a year with nearly a Trillion in military spending a year, more than the military spending of all other countries in the world combined. There is an old saying "when in a hole, Stop digging." Instead they have accelerated the digging to an extreme rate. The Oil connected War Profiteers in the Bush admin are destroying America with this spending.

For a real shocker, according to a military budget document FY2007, on page 69, there were "Total Liabilities Not Covered by Budgetary Resources" of (1,639,720.6) 2007, (1,614,144.3) 2006. That is over $3.2 Trillion dollars that is kept off the books because it was not funded, yet it was spent! "The Department expects to receive the necessary budgetary resources to cover these liabilities in future budget years." In other words, You will Pay for it but you do not know about it because it is hidden on the books for future payment.

If they wanted to help out the economy then they would have left the rates alone back in January especially since they saw that the other cuts did practically nothing positive yet had major negative effects. And please stop bailing out the banks. Some of them just need to go away, it was their bet and they lost. Let them suffer their multi-Billion dollar bonuses. Now, we the taxpayer will be paying for all this for many years to come. It is just a transfer of money from the poor and middle class over to the rich and well off in a way that few will see what really went on.

Homeowners must learn that there are risks to using a home as an ATM. Investors who borrowed to flip condos must learn the downside of such risk. In one of this year's primary debates, Ron Paul said it is not the president's job to run the economy. I'd add that it is not the government's job either. It is each and every citizen's job to manage our own affairs, make our own decisions, bear the fruits or painful consequences and learn our lessons.

The fundamental problem is the Fed itself, which purports to be the great savior of the money system but in fact is its destroyer. By flooding the economy with ever more paper money, it reduces the value of our money – an insidious tax that the governing elites levy in ways that keep the people in the dark.

And here's the heck of it. When the Fed expands the money supply, it can funnel money to the elites long before the people are forced to pay the price. As Rothbard explains, those who get the money first are permitted to use it before prices rise for everyone else. By the time the new money circulates through the economic system and hits everyman’s pocketbook, the elites who received the first round of injections have made off like bandits.

Ron Paul has explained this to Bernanke several times in the past several months but Bernanke just says that the American people will not see much of any effect from the dollars loss of value. That statement is just so completely wrong, how could the rest of congress possibly allow this idiot to continue these insane actions.

Your savings and future are being destroyed. This is the death of the dollar and the warnings have been out on this and other sites for several years now. The USA is increasingly headed toward the precipice of the cliff. See Recession, Weimar_Republic, Hyperinflation and Great_Depression.
PBS Newshour explains the 2008 credit bubble
Financial Sense Newshour Expert ~ Bud Burrell - The Greatest Crime in History audio <==
The Bank Implode-O-Meter - Your play-by-play for the end game of modern banking


It will be a long slow burn but their intent is to transfer (steal) all they can in these last days -- massive military spending. There are at least $3.4 Trillion dollars missing from the Pentagon as of mid 2002. The Social Security and Medicade programs are basically defunct in their future payment ability. The National debt is now $9.3 Trillion dollars, a massive increase from $5.7T when Bush was 'selected' as our pResident. The CPI, inflation and unemployment rates are several percent higher than reported. Consumer Price Index Soars; Inflation Continues To Accelerate - 12%. The CPI currently does not include food nor energy, furthermore when an indicator gets too high then it has a lesser multiplier on it and conversely if it goes down then the multiplier is increased. This has the desired effect of keeping the figure way understated. Now this is a compounded cumulative savings to the government ie: that a nominal 4% differential over 10 years equates to 54% savings in entitlements and cost of living payments but this is just a major screwing to the recipient. In just the past 10 years, it is estimated that these payments are up to 70% too low because of the aforementioned slight of hand.

What is going to happen is when most of the lowly people of the US are totally spent out then they will revalue the dollar into something called the Amero (as best we know) in the further push to bring in the North American Union. Those that transfered all their money out of the dollar, like cheney did in 2005 and since (Millions, mostly scabbed from his halliburton connections and its War Profiteering during this illegal war), will then come in and buy up everything for pennies on the dollar -- or whatever it is called then and by paying off those debts with worthless dollars. This is exactly how the rothchilds made their fortune in the 1800's.



Here we are with the media soaking up the airwaves and papers with tales of Paris Hilton or some other irrelevant nonsense while there is a systematic treachery in the houses of CONgress with the ominous trail of legislation quietly enacted that legitimizes the destruction of all that has set us as a nation apart -- protection from unwarranted search and seizure, habeas corpus, safeguards against military or monarchical rule, renunciation of torture....

A quartet of laws has been signed that lays the complete legal foundation for the takeover of our constitutional republic. They are the (so-called) Patriot Act of 2001 (extended in 2005); the Military Commissions Act of 2006 (which allows for the suspension of habeas corpus and the practice of torture and rendition); the John Warner Defense Authorization Act of 2007, which facilitates the declaration of martial law and nullifies posse comitatus by allowing the President to station troops anywhere in the country and to commandeer the National Guard without the consent of local authorities; and, finally, the National Security and Homeland Security Presidential Directive, signed on May 9, 2007, which in the event of a catastrophe would place all governmental authority in the hands of the President.

If we are a nation of laws ... then in light of the laws above, we are no longer the nation we once at least strove to be.

Please, share this website and these truths to others. There are over 30,000 of the very best links to articles over the past 4+ years here. This editor has been very selective in linking the closest to the truth articles. You can go back and see the oldest of them here proving that what may have been absurd then is now commonly accepted knowledge.

If the majority of the people and those in congress were required to absorb these truths then the United States and the world would be a much nicer place for everyone. We would not have a runaway government accountable to no one. Runaway inflation at 11+% - unbeknown to most everyone. No Iraq war for lies, oil, power and the bridge to global domination etc...

Truly, we the people are now in deep with our "I don't know and I don't care", (fed to us AND Taught to our children) attitude and the bought off and controlled mainstream media feeding us senseless platitudes and placations.



"Who will govern the governors? There is only one force in the
 nation that can be depended upon to keep the government pure
 and the governors honest, and that is the people themselves.
 They alone, if well informed, are capable of preventing the
 corruption of power, and of restoring the nation to its
 rightful course if it should go astray. They alone are the
 safest depository of the ultimate powers of government"
 -- Thomas Jefferson

"The moral and constitutional obligations of our representatives
 in Washington are to protect our liberty, not coddle the world,
 precipitating no-win wars, while bringing bankruptcy and
 economic turmoil to our people."
 -- Congressman Ron Paul

"Deficits mean future tax increases, pure and simple. Deficit
 spending should be viewed as a tax on future generations, and
 politicians who create deficits should be exposed as tax
 hikers.
 -- Congressman Ron Paul

"How can you pursue this policy that you have without further
 weakening the dollar? There's a dollar crisis out there, and
 people's money is being stolen! People who have saved, they're
 being robbed!"
 -- Congressman Ron Paul speaking to Bernanke about his 
	unsound policies at the Fed. 11-8-07

"Americans think their danger is terrorists. They don't
 understand the terrorists cannot take away habeas corpus, the
 Bill of Rights, the Constitution.... The terrorists are not
 anything like the threat we face from our own government in
 the name of fighting terrorism.... The American constitutional
 system is near to being overthrown"
 -- Paul Craig Roberts

"When once a republic is corrupted there is no possibility of
 remedying any of the growing evils but by removing the
 corruption and restoring its lost principles; every other
 correction is either useless or a new evil."
 –- Thomas Jefferson on the necessity of the impeachment
    provisions to our Constitution

"The World is not dangerous because of those who do harm but
 because of those who look at it without doing anything."
 -- Albert Einstein

"Unthinking respect for authority is the greatest enemy of
 truth."
 -- Albert Einstein

"Experience should teach us to be most on our guard to protect
 liberty when the government's purposes are beneficial."
 -- Justice Louis Brandeis

"Educate and inform the whole mass of the people... They are
 the only sure reliance for the preservation of our liberty."
 -- Thomas Jefferson

"The price of freedom is eternal vigilance."
 -- Thomas Jefferson

"All tyranny needs to gain a foothold is for people of good
 conscience to remain silent"
 -- Thomas Jefferson

"When the people fear their government, there is Tyranny;
 when the government fears the people, there is Liberty."
 -- Thomas Jefferson

"You only have the freedoms you are willing to fight and die for."
 -- Thomas Jefferson

"Wars are not paid for in wartime, the bill comes later."
 -~ Benjamin Franklin

"...advanced forms of biological warfare that can target
 specific genotypes may transform biological warfare from the
 realm of terror to a politically useful tool."
 http://newamericancentury.org/RebuildingAmericasDefenses.pdf
 -- neocons own document pg 60 - They Epitomize Evil

"How America looks in the future is largely up to us. 'We the
 People' are ultimately responsible for what does or does not
 happen in Washington."
 -- David Walker, comptroller general of the United States

"Simply stated, America is on a path toward an explosion of
 debt. And that indebtedness threatens our country's, our
 children's and our grandchildren's futures. With the looming
 retirement of the baby boomers, spiraling health care costs,
 plummeting savings rates and increasing reliance on foreign
 lenders, we face unprecedented fiscal risks."
 -- David Walker, comptroller general of the United States

"One cannot wage war under present conditions without the
 support of public opinion, which is tremendously molded by the
 press and other forms of propaganda."
 -- General Douglas MacArthur

"It is natural for man to indulge in the illusions of hope. We
 are apt to shut our eyes against a painful truth, and listen
 to the song of that siren till she transforms us into
 beasts... For my part, whatever anguish of spirit it may cost,
 I am willing to know the whole truth, to know the worst, and
 to provide for it."
 -- Patrick Henry

"The cardinal rule of a closing or closed society is that your
 alignment with the regime offers no protection; in a true
 police state no one is safe."
 -- Naomi Wolf

"John Adams wrote, 'Liberty, once lost, is lost forever.' We
 stand at a defining moment for America. If we do not act now,
 we risk the freedoms that sweat, blood, sacrifice, and loyalty
 to inalienable rights have earned us over the past two-hundred
 thirty-one years."
 -- Naomi Wolf Author of ‘The end of America: letter of warning
    to a young patriot.’

"Those who would give up essential liberty, to purchase a
 little temporary safety, deserve neither liberty nor safety."
 -- Benjamin Franklin

"When even one American -- who has done nothing wrong --
 is forced by fear to shut his mind and close his mouth,
 then all Americans are in peril."
 -- Harry S. Truman

"To announce that there must be no criticism of the president,
 or that we are to stand by the president right or wrong, is
 not only unpatriotic and servile, but is morally treasonable
 to the American public."
 -- Theodore Roosevelt

"The Greatest Enemy Of Knowledge Is Not Ignorance...
 ...It Is The Illusion Of Knowledge"
 -- Stephen Hawking

"Rather than love, than money, than fame, give me truth."
 -- Henry David Thoreau

"We'll know our disinformation program is complete when
 everything the American public believes is false."
 -- William Casey, CIA Director (first staff meeting, 1981)
    





Headlines below are rated: least <= <== <=== most important. These are the most important articles in the past 4 years, about 1 in 10 of what I have read from the most important websites which had already selected the best. They represent a snap-shot of just how the country got into this state of dis-repair. These are only the least or un reported articles. Things you probably did not hear on your favorite main-stream media.

The articles and facts are solid proof that the media has not been doing its job otherwise Bush would be a packin. See Top Sites to find these articles for yourself. It is recommended that you check all the pages listed at the top for the many issues of concern.

I have broken the news headlines into 2 pieces, putting the "must read" news on this page and the lesser yet still important news here, so as to not clutter up the major issues going on.


To find specific data: Windows - CTRL and F keys, Macintosh - APPLE and F keys



America: From Freedom to Fascism
America: From Freedom to Fascism - 1:48 streaming
Website
    Makes 'Fahrenheit 9/11' look like 'Bambi.' Aaron Russo goes for the jugular -- the two planks of the communist Manifesto instituted in America in 1913, The Marxist Graduated Income Tax and the Private Central Bank -- the Federal Reserve.

9/11 Mysteries
9/11 Mysteries - 1:31 streaming, Website
    90 minutes of pure demolition evidence and analysis, laced with staggering witness testimonials. Moving from "the myth" through "the analysis" and into "the players," careful deconstruction of the official story set right alongside clean, clear science. Real Facts.

ENDGAME: Blueprint for Global Enslavement
ENDGAME: Blueprint for Global Enslavement - Alex Jones 2:20 streaming
Website


911 Exposed - You decide - Documentaries of Critical Importance



Freedom of Speech and H.R. 1955 pt. 1, Part 2

HEADLINES