Please Discuss National ETF Rallies Here (Not in Comments Wall)

[ETF Network Moderator]

It's a lot easier to have an actual discussion with a threaded Discussion Forum than a Comment Wall...so please use it! Thanks.

[Chuch]

The CC2009 is the Continental Congress 2009 started by the We the People Foundation. Check out this news release talking of getting the Committees of Safety with Edwin Viera, Campaign for Liberty with Ron Paul, The We the People Foundation with Bob Shultz and the 9/12 Project with Glenn Beck together on this event. This would be a great venue for the EndtheFed Rallies to get in on the action as well. I mean this could be big! Bigger than the 9/12 march!

http://www.wethepeoplefoundation.org/UPDATE/Update2009-10-01.htm

http://www.wethepeoplefoundation.org/

http://www.givemeliberty.org/

[JOD]

YOU might want to consider a 12 hour END THE FED on the 21st . FIRST handing out litature door to door. 2ND IN THE MID MORNING ON THE 22ND A MARCH DOWN FROM THE CAPITOL TO THE FED Or State bank department AND rally / protest there at 12:00 NOON. read how religon is part of the problem and blaming it on christians ( I do not agree on all the statements listed here);CFR PART IX -
Ironically, the fundamental cause
for this collapse has been one - success.
The size of the global economy doubled
every ten years or so going from $31 trillion
in 1999 to $62 trillion in 2008 and
inflation stayed low. But the major side
effect of this success – low inflation,
global growth, swift technological
advancement – was arrogance. Business
men believed that levels of debt that
were once considered dangerous were
now manageable given what they
assumed were permanently changed
conditions. As a result investors piled
into what would normally be considered
dangerous investments, all for the promise
of relatively little reward.
The world economy had become
equivalent of a race car – expensive,
with incredible range, and capable of
performing at breathtaking speed. Over
the past ten years, the global economy
had become something no one had ever
seen --- an integrated system of about
125 countries, all participating and all
going at unheard of speeds. It was as if
that race car was being driven by 125
different drivers – and no one remembered
to buy shock absorbers.
At some level, debt is at the heart of
the whole story. Since the early 1980's
Americans have consumed more than
they have produced – and they have
made up the difference by borrowing.
This happened at every level of society."
Zakaria pointed out that in just 34
years, from 1974 to 2008, household
debt rose from $680 billion to $14 trillion.
In the last seven years, it doubled
again to $21 trillion. The average home
now has thirteen credit cards and owes
$120,000 on a mortgage. According to
Zakaria, we householders are "pinnacles
of thrift" in comparison to the politicians.
In 1990, the national debt was $3
trillion; at the present time it is over $11
trillion. The famous National Debt Clock
in New York City has run out of space to
display all the figures.
Zakaria says that the U.S. could
have never arrived at this position if
there had not been nations willing to lend
us the money. "That's where the economic
and political empowerment of the
developing world --- the 'rise of the rest,'
as I call it---comes in, and its best symbolized
by the rise of China," he wrote.
Zakaria continues to explain that
Chinese households and corporations
bank around half of their earnings. This
makes Chinese goods cheap and attractive
to the Western consumer. The
Chinese oversaves while the Americans
overconsumes. And it isn't just China.
Eight other emerging countries are sitting
on $100 billion war chests or more.
However China alone sits on foreign currency
reserves of $2 trillion, most of it in
dollars. China is now America's largest
foreign creditor. It holds the largest IOU
slip, and it carries the signature of Uncle
Sam.
President Obama has warned of the
prospect of "trillion-dollar deficits for
years to come," as his administration
boosts spending on everything from
green technology to health care to reinflate
our sagging economy. Most of that
money will have to be borrowed from
China. We are in effect asking China to
simultaneously finance the two largest
fiscal expansions in human history: ours
and theirs.
Zakaria continues by saying that the
crisis of 2008 is different than other panics
of the past because it did not originate
in some developing-world backwater; it
emerged from the heart of global capitalism,
the United States, and coursed its
way through the arteries of international
finance. It does not mean the end of capitalism
but it might well mean the end of
a certain kind of global dominance for
the United States. The Current economic
upheaval will only hasten the move to a
Post-American World. If the Iraq War
and George W. Bush's foreign policy had
the effect of deligitimizing America's
military-political power in the eyes of
the world, the financial crisis has had the
effect of deligitimizing America's economic
power.
America once pointed the world to
Christ as we sent missionaries as our
unofficial ambassadors to penetrate the
darkest recesses of the earth, but now
according to Zakaria, as Brad Setser, a
Fellow at the Council on Foreign
Relations has noted, after World War II
globalization and Americanization are
almost synonomous. Setser writes,
"Foreign borrowers looking to raise
funds tended to issue bonds denominated
in dollars, made use of New York law,
and met the Securities and Exchange
Commission's Standards for disclosures."
Zakaria explains that this activity
caused American ideas and institutions
to prosper since the fifties, and the world
then rode that highway of success higher
and higher with us until their own stock
markets collapsed with ours.
To sum it all up, Zakaria has written
a 280 page book to say what God's word
has said in fourteen words. The rich
ruleth over the poor, and the borrower is
servant to the lender [Proverbs 22:7]. We
also see that the Federal Reserve that
was established in 1913, which is neither
Federal or a "Reserve" of funds for the
American people, has been a dismal failure
for the purpose that it was supposed
to be established. When the Federal
Reserve Act was passed into law by
Congress, it was sold on the basis that it
would maintain a steady economy and
ward off booms and busts such as the
panic of 1907. Obviously it hasn't
worked. The Fed has never been audited.
We agree with Ron Paul that their time
has come. But in our opinion, it should
not stop there until this monster is totally
abolished forever and we return to a
sound money system.
However there is another question
that must be answered: if $50 trillion
dollars has been lost world wide, where
did it go, who got it and why is Bernie
Madoff the only one who is in jail?
Obviously Bernie was the scapegoat for
the biggest bank robbery in the history of
the world.
ADL LISTS UBF
AS HATE GROUP AGAIN
The Anti-Defamation League (ADL) has
again listed the Unregistered Baptist Fellowship
meeting in their annual “Schedule of Upcoming
Extremist Events” alongside such events as Neo-
Nazi meetings and KKK cross burnings. See their
website at:
http://www.adl.org/learn/Events_2001/events_
2003_flashmap.asp

[Mark Abraham]

Atlanta Rally will run from 11am-3pm in front of the Atlanta Fed:

Federal Reserve Bank
1000 Peachtree St. NE
Atlanta, GA 30309

Learn more here:
http://ronpaul.meetup.com/294/calendar/11692597/

[Pamela Smith]

END THE FED: CHICAGO STYLE (not pizza, silly guys)

Hi Chris & Friends:

I am with The Liberty Coalition (Third Party Alliance). We are totally pumped for End The Fed Chicago this year. I've already got some good responses from our members and hoping for big turn out. I've already got my tickets so there's no backing down!!

My request is to spread the word to anyone in the IL region to get into contact with me by email ([e-mail]), my ETF page, or TLC's End The Fed RSVP page: http://thelibertycoalition.ning.com/group/endthefedchicago2009!

Thank you in advance for your help. You're the best!

XO,
Pamela

[Kenneth Lowndes]

Does anyone have a source for Bernake face masks?

How about showing up in costume?

Hope all are getting ready and are prepared!

The FED is currently on a suicide mission.
To rescue America from the FED's
intentions, we must act NOW.

[Ed Clayton]

http://www.forbes.com/static_html/halloween/2008/benbernanke.html Enjoy. looks like I'm out of the fed zone in Denver. I'll find something to do tho. Continental congress 2009 is my big movement at the moment.