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Chief Economist: It’s A Depression
Morici one of first senior analysts to admit U.S. faces 1930’s style collapse
Paul Joseph Watson
Prison Planet.com
Monday, January 12, 2009
Professor Peter Morici, a former chief economist at the U.S. International Trade Commission, has become one of the first senior economists to admit that the U.S. is facing a 1930’s style depression.
Noting that 2.6 million payroll jobs have been lost since December 2007, Morici told financial publication Kiplinger that a 5 per cent contraction in the fourth quarter made the crisis “worse than a recession”.
“The economy will not recover without fundamental changes in banking and trade policy,” said Morici, an economics professor at Maryland University, “A large stimulus package, though necessary, will only give the economy a temporary lift,” he added. “The economy is in a depression, not a recession.”
(ARTICLE CONTINUES BELOW)
A trickle of prominent analysts are now saying what people like Alex Jones and Peter Schiff were being called doomsayers for predicting over a year ago, that the U.S. faces a crisis on the scale of the 1930’s if not worse.
Morici’s summation dovetails the analysis of renowned financial publication The Economist, which reported earlier this month that, based on the characteristics of the current financial crisis, the U.S. is in a depression, not a recession.
On December 23rd, the IMF’s top economist, Olivier Blanchard, warned that falling confidence could turn a recession into a depression if market sentiment continued to dwindle.
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72 Responses to “Chief Economist: It’s A Depression”
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January 12th, 2009 at 9:29 am
test comment
January 12th, 2009 at 9:52 am
Only the ones with an “Agenda” reguse to accept the fact that we are headed (if not already in) the worst wconomic disaster in American History which has been brought about by the removal of all manufacturing jobs and the transformation into a “Service” society.
The full impact has yet to be revealed but when it is, America will be on it’s knees and begging for relief from the world but this relief cannot come as the rest of the world is in the same boat with us.
A “Global” Government has already been suggested as the “Cure” for the world but as described in the documentary entitled “The Iron Mountain Report”, it was decided long ago that this was the long range plan as we “Transition” from the period of perpetual war to a new period of global peace but the “Nation State” must be abolished so that the Global Government will have greater control over the masses.
If you are willing to give up your God given right to freedom in exchange for the slave style of security they have planned for you, you are either a fool or you are simply uninformed.
Please join the fight against this Global Order, your life literally depends on it.
Holocaust Gaza Reply:
January 13th, 2009 at 2:10 am
Your are absolutely right! No national economy can live on service industry and consumption.
…but don’t tell anybody. That is why Bush termer Obama will fail miserably.
January 12th, 2009 at 10:43 am
Americans sat, ate, watched TV, and let this happen. We have watched most of the rest of the world go to hell and now it is our turn. Bill Clinton said that we have to equalize with the rest of the world. And here we are going into a depression, however from the view of allot of the world we are still sitting well.
Maybe if we would have cared in the past and done something about world poverty and hunger we could have softened the blow, however we chose to shut out the rest of the world, now they get to watch us squirm in our own mess.
Antifraud Reply:
January 12th, 2009 at 7:14 pm
Acts 10:34-35
“So Peter opened his mouth and said: “Truly I understand that God shows no partiality, but in every nation anyone who fears him and does what is right is acceptable to him. ”
I agree that we have been brainwashed by the media, the movies, TV, news, and the clergy into believing that Americans and our allies were in a class above the rest across the board, and that muslims were all insane bogeymen except the Afghans fighting the Soviet Union and OPEC.
Whatever happened to all the “Investigative reporters” out turning over every rock to find any hint of corruption, the legal system designed to protect individuals from the overpowering advantage of corporations. This while doctors still took the Hypocratic Oath.
The more I find out about this country and its completely corrupt legal system, who we have put on pedestals, made rich by celebrity, elected to places of leadership, given our trust and fiduciary positions, the more disappointed I become in how easily we have been mislead, and how large a part the media whores have played in creating frauds on the gullible citizenry.
January 12th, 2009 at 10:48 am
Most of us don’t have ‘excess’ wealth with which to speculate in investment vehicles such as precious metals as so many have urged.More than likely what will happen is a serious demand for survival goods,such as storable food,ammunition(guns without ammo are worthless and there are more than enough guns to go around) storable fuels for cooking,etc.
miscellananeous supplies which can be obtained at low cost at flea markets,the ubiqitous garage sale,if its cheap and usable buy it.Tools,clothing,how to survive books some of the old depression era prints are probably the best back from the simpler lifestyle days.
Most of all use your imagination and ingenuity.LOL; we’re gonna need it.Keep educating everybody no matter what as some of its gonna stick and you won’t even know about it.
Charles Reply:
January 12th, 2009 at 2:19 pm
Exactly… look at this senario… No Money / Economy… then the collapse of the government. This will lead to the public going wild… buying up everything they can, or looting and stealing anything they can to survive. Most survivalist will stock up on Survival Manuals, like how to forage for food, etc…then they will go after camping supplies, because if true chaos does happen, no one will be around to man the basic equipment that regulates our daily lives, like traffic signals, power plants, such as that. So those that depend heavily on such things, will be screwed. Canned Good, Generators, matches, etc… will be the new gold and silver. Things stand a chance of getting really nasty, really quick. If someone paid you monopoly money to work, would you work? If no one excepted your paper money, would you work? So those who said hell no… imagine that on a national, or global level… if you don’t go to your job like sheep, the infrastructure falls apart…everything from even the most basic services will collapse… you dont have worry about making a rush on walmart to get your supplies, when you need them most, they will not be there.
January 12th, 2009 at 10:57 am
Ammunition sales are so strong that there is now becoming a backlog and how long before it becomes extremely expensive or perish the thought ,unavailable.Perceive of it as ballistic wampum.Any caliber or gauge will do but especially in sizes that you need and primarily in military or law enforcement calibers.Their ammo is useable in your own weapons.
January 12th, 2009 at 11:17 am
2 to 5 months left people, i’m well on my way to aquiring all i need to operate out of the systems of control they’ve implemented, for those who have never lived without electricity and all of the niceties of society, have fun. you had your chance to prepare and still do if you haul ass but sadly, you will just watch your TV while your house crumbles around you. Good luck to all freedom loving people.
January 12th, 2009 at 11:17 am
PS i really like the new posting engine, it’s sweet. Cudos Prisonplanet
mr_bad Reply:
January 12th, 2009 at 6:18 pm
If what you just said in your previous post was true, do you realize how lame giving “kudos” to prisonplanet is?
Armageddon on one hand and “high fiving” on the other.
Nice one.
January 12th, 2009 at 11:27 am
Even as a kid when I learned about how our economy was becoming a “service economy” it all didn’t add up. How the hell can a country maintain huge trade defecits and not produce anything if it wants to remain economically sustainable? Damn incrementalism can get the U.S. to support anything.
Wez the Aussie Reply:
January 12th, 2009 at 1:36 pm
This is happening in Australia as well. The Howard Government, introduced a Goods and Services Tax (in Europe VAT) This was a signal from the Government, that manufacturing had gone down so much, a new tax system was needed. Globalisation has severely damaged many “Western” countries. Now, with the Rudd Government in, we will see the introduction of a carbon tax. This will be the death of many Aussie businesses. We are no where near the chaos I believe the U.S. is going to experience, however, it is going to get pretty ugly.
January 12th, 2009 at 12:05 pm
google condofornia vs. slumistan
January 12th, 2009 at 12:38 pm
Remember the trick Rothschild used to clean up at the battle of Waterloo?
he paid one person to announce Napoleon had won, when he had lost,
another to tell everyone how Rothschild was selling all his bonds and stocks in despair at Naopleon’s victory and
when everyone sold their bonds and stocks depressing the prices,
he had his agents ready to buy up the cheap stocks on the sly.
This financial crisis is the same principle but more embellished. They used the same approach as in 1929-1933 of feeling illiquid assets though the system to crash the banks.
Now they have three gigantic banks emerging out of the bloodbath – almost total financial power.
Remember too how JFKennedy ’s fathe rmade his money in Chicago – he bribed journalist to put out false stories to depress share prices so he could buy them on the cheap.
All this was possible because of the control the media which plays the role of the messengers who spread the lies so Rothschild could clean up after Waterloos.
The Rothschilds today control some of the key financial newspapers. Their friend Murdoch controls the other key financial titles.
Why is there no investigation into a potential conflicht of interest?
Antifraud Reply:
January 13th, 2009 at 3:01 am
If I remember right, Joseph Kennedy was responsible for most of the early stock and mutual fund legislation. I believe his name is on the first securities exchange act of 1933 and investment company act of 1940, so I guess the appointment of mob connected people to control key insider positions is nothing new, but the 1940s was a real decade for organized criminals using the government to create huge wealth “legally” in California during WWII.
I think Joseph Kennedy made most of his money on selling the market short before the crash when everyone was highly leveraged buying stock at 10 cents on the dollar and getting margins calls. I guess they then put the fox in charge of the hen house.
There are few investigations now because almost everyone is either bought, blackmailed, or scared of losing their job. Reformers in a position to do anything are scarce.
January 12th, 2009 at 12:58 pm
All Americans should take Whatever “stimulus” package money they get and instead of going shopping at the mall, paying off their credit cards, or buying other useless plastic shit from China, Go to the local gunstore and blow it all on guns and ammo.
That will send a clear message to those bastards!!!
Time for REVOLUTION!!!!!
jos boersema Reply:
January 13th, 2009 at 4:50 am
If you want a real revolution, instead of just more (civil) wars and mayhem, check my site. I know how that sounds, but you just have to wade through all the different political / revolutionary proposals until you find something that works, or make up something that works. My site is easily the most worked out revolutionary system, probably more then a factor 100 larger in detail then the next largest if not more.
See if you like this: trade is good, trade is essential, so is civil liberties and free enterprise. (Free trade means free price setting, free enterprice means everyone is free to start/run his/her/their business as they see fit.)
- democratic authorities
- democratic ventures (after starter leaves employees become owner unless business is tiny)
- democratic investments (essential for any trade economy: socializing business credit)
- democratic demarcations (everyone gets land, freedom to start new countries, top sizes for countries, no international government of any kind whatsoever.)
There are sound economic reasons and more details for the above points, including a unique political and economic, and a less unique strike revolution implementation plan. Also comes with free referendum software for GNU/Linux.
Until investigated properly, my proposals may look like the next naive idea.
January 12th, 2009 at 1:06 pm
But, what about NAFTA, GATT, and the WTO? Aren’t they creating American jobs like crazy?
If they are not, then we should drop them.
Oh yeah, government does not produce anything but headaches, and they want to make it bigger by spending more money? Why can’t they downsize like everyone else? Why can’t they cut taxes? Then productivity would go up!
January 12th, 2009 at 1:38 pm
nuke everything!
January 12th, 2009 at 1:55 pm
On with it. We are ready here. It is snowing like mad here on top of the mountain, got two fresh steaks and fresh eggs out of the hen house cooking on the wood cook stove. Making some deer jerkey today and sewing some flannel shirts in the sewing room on an old singer treadle machine. OOps I must be a terrorist.
Shit on the nwo you all can get through this too, just get independent. Not much time left, so hurry up. Don’t forget gold and silver coins.
Enough Reply:
January 12th, 2009 at 2:21 pm
Well, we got two growing seasons here in the deep south, but other than that I’d rather be with y’all on the mountain. I think we can hold our own, though.
January 12th, 2009 at 2:10 pm
Good work BobbieJo
At least some of us are prepared!
January 12th, 2009 at 2:15 pm
This idiot US government has jobbed us out, bankrupted us out and starving us out, their only remaining task is to shortly just kill us out !
January 12th, 2009 at 2:23 pm
Not if we kill them first!!!
January 12th, 2009 at 2:32 pm
Depression vs Recession…. C’mon… this isn’t news! Those are just words. We know how much the puppetmasters like words. There is no single definition for a depression other than…
It is a recession when your neighbor loses his job
It is a depression when you lose your job
January 12th, 2009 at 2:38 pm
Im so doggone craza about my Barky. I won him so bad to fix thangs. But sadly afta raizn him I juss don thank that him can do it. I thank that Massa Bush and Massa Cheney have allowed the Illuminati to juss ruin it all and im afraid that he aint goin to be abel to fiss it. He in way ova his head. It too late. I duno but I gues I should gets me some gun and ammo to protect myself and my famile. I gots to protet my foo also. They gon be civil unrest real soon.
January 12th, 2009 at 2:47 pm
Fuck it. I’ve been to Nicaragua, a third world country, where they have “Nothing” by our standards and personally I’d rather live there; where people give a fuck about one another and help each other in times of need.
We’ve lost all that’s important in life through capitalism: familly, community and empathy for others. I hope everything crashes, so we, the PEOPLE can create our world as we want it to be: free of enslavement, moral decay and political stupidity.
As of now we can only scream and scream louder still until others in this world hear our cry’s and choose to join us.
We created this world, we can destroy and rebuild it as we choose, more importantly we can teach our children to see through the lies and make an even better world then we’ve ever lived in.
Free the Palastinians, leave Iran alone, bring ALL troops from ALL country’s home and destroy the banking intitutions that makes us slaves. This is OUR world, Samos la revolucion; Sic semper tyrannis.
“The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.”
-Thomas Jefferson
Antifraud Reply:
January 12th, 2009 at 7:37 pm
I have been to Guatemala, and except for the big biting flies, it was basically like living around Houston humidity with more banana trees and poor people.
Maybe we should all pool our money and buy a ship like the “World” residence ship (sold out – maybe the Somalians have one cheap). You almost have to have a ship large enough to discourage pirates, chopper pad, and sail to multiple countries. USS PrisonPlanet?
January 12th, 2009 at 3:18 pm
The overpaid supreme idiots in the American Media with their yuppie brains and personalities to match do not seem to be aware of this depression! Should someone tell them before the last light goes out. THIS IS ALL A NON-HUMAN PLAN PERIOD. JUST KEEP WATCHING.
L E V I A T H A N
January 12th, 2009 at 3:24 pm
I have underestimated you Obama’s Nanny.
January 12th, 2009 at 4:08 pm
Bush is secretly burning the $ so Cheney has to print more $ to devalue the dollar. They are very busy , cheney just got back from Denver after making the 737 run off the runway , and bush is working on making one more hurricane before he leaves office!
January 12th, 2009 at 4:21 pm
“The economy will not recover without fundamental changes in banking and trade policy,”
While not necessarily true, this statement could not be more apropos.
The economy will not STABLIZE without fundamental changes in banking and trade policy.
The bankers exploit the functioning economy using debt-based money. They lend money that is never legitimately theirs and so have a vested interest in lending as much as they can.
But sooner or later the inflated economy comes crashing back to Earth when the inevitable defaults and foreclosures occur. The bankers don’t really lose because they never really risk anything. There is no risk when lending money that you just make up and enter into an account balance.
So as long as we use these asinine monetary practices we are doomed to being exploited by bankers and subjected to periodical recessions and depressions.
Do you want to doom your children and grandchildren to the bankers’ economic slavery?
All we need to do to unseat the ruling bankers is stop using their money. When we switch to an alternative currency their system will fall. The central banks will dissolve and their political actors will be out of a job.
Click the link below to explore a new inflation-proof currency, new economic format and new social structure that leaves the criminal bankers and corrupt politicians out of the picture altogether.
Don’t fight the system:
Replace it
http://socialviability.com/
FastFlyingPig Reply:
January 12th, 2009 at 11:12 pm
Social Viability: I find it ironic that in your post you state, “All we need to do to unseat the ruling bankers is stop using their money. When we switch to an alternative currency their system will fall. The central banks will dissolve and their political actors will be out of a job.” and then when I click on your website it asks for my “money” to purchase your book.
January 12th, 2009 at 4:25 pm
“Give me control of a nation’s money supply, and I care not who makes its laws.”
- Mayer Amschel Rothschild, Founder of the Rothschild Banking Dynasty
The bottom has fallen out from the US economy and the “hens are coming home to roost.”
Similar to the 9/11 event with the WTC towers collapsing like a stack of pancakes…the US economy is collapsing, in like fashion.
Is anybody mad as hell, yet?
January 12th, 2009 at 4:55 pm
Im mad as hell and im not going to take it anymore!
doctordrewl Reply:
January 13th, 2009 at 1:27 am
Me F’ing too!
Check out this video…
Network Redux: “Still Mad as Hell…”
http://www.youtube.com/watch?v=2I9VeyPFIDw
January 12th, 2009 at 4:58 pm
Rural Soutwest Michigan: one the best combination of fertile farmland and vast water supplies …..on Earth.
YES MICHIGAN
Thats all that’s gonna really matter people….
The south and west may have two growing seasons.
But they have have are pressed for water and have poor soil.
The East. Well you are really F’ed. People on top of each other and no place to go.
And people are leaving Michigan to chase jobs so they can kee buying more worthless shit that they want and dont need?
Good. Less people to fend off.
January 12th, 2009 at 5:13 pm
on top of that anyone else notice that they are sending troops and apc s to the border with mexico in Texas? trying to deal with all the mexicans shooting across the border. so it’s a depression, the military is hiring. Lol. Starting the garden next month here in Nevada. the future sure looks bleak but hey I saw some meat on the hoof yesterday. I will survive.
January 12th, 2009 at 5:42 pm
ammunition is not terribly hard to make on your own with a few pieces of equiptment.
shell casings can be reused.
Mark Reply:
January 13th, 2009 at 7:33 am
IF u can get powder, primers & projectiles – me? I cast my own bullets – but the availability of getting the other 2 will be curtailed under “call 911 & die” Obama
DoULoveJesus.org
January 12th, 2009 at 5:54 pm
I noticed that if you have a URL or web address in your comments, it usually holds them for the moderator and may never be shown.
January 12th, 2009 at 5:56 pm
I thought it was a robbery.
January 12th, 2009 at 6:11 pm
I just wanted to say that the look on those trader’s faces is priceless. The look in their eyes suggests they are losing millions!
January 12th, 2009 at 6:41 pm
Where were all these so-called economic experts a year ago. Listening to these yo-yos is like going to a marriage councilor that has been married nine times
January 12th, 2009 at 7:03 pm
All the elitists have been using this “transition” period to buy gold, plain and simple. Once Obama is sworn in and or when the next major false flag goes down, you can expect gold to hit at least 5,000 an ounce maybe as high as 10,000
I’m not kidding, there will come a day when you will be able to live 1 year comfortably on 1 ounce of gold. FOR PETE”S SAKE IF YOU DON”T HAVE ANY GOLD YET, GO AND GET SOME>>>>GOSHHHH
January 12th, 2009 at 8:15 pm
What dumb ass hired this idiot, a kid could have figured that out. People are being lead down the wrong path by following the credentials. This is the way that they can control with using the least amount of energy to produce the desired results.
January 12th, 2009 at 8:28 pm
Madoff, lived up tp his name and made off with every ones money and citybank. stock is -$19.5 a share it mean they will pay you $20 bucks, just to take thier stock. But don’t worry Obama will cure every ones woes, by this 4 of July, we will be celebrating the implosion of our economy and the fire works, of Iran going up in smoke, shock and awe, from the soup kitchens, the will most likely have t.v. monitors in the 10,000, deep lines of mass humanity, to keep us rulely. Make sure you have toilet paper on hand, for the porta pottys, I’v picked out some refrigerator box’s for my 3 room cardbord palace, I’ll be living in, you must pick a clean alley, so you realy have to think outside the box, I got a nice chrome grocery cart, Its not a cheap plastic type, I’m going to paint white walls on the tires. got to keep ahead of the Jones’s, wait a sec I am a Jones, see what I mean. The older metal carts can hual all your worldly goods, I even bought a vanity plate for it at the dollar store, see if you are going to be a unemployed bum, be a first class one. I even made some signs, that say I’ll work for food. I’m a vet, works good. begging is work. ask a politician. if you have a taint of urine on your close helps you get money, so you will just go away, I really don’t like real urine its kinda gross. so I use vinager it smells close enough to get the job done, And dont do what I’v done. Like after a good morning of begging and rolling less able homeless folks I would go to Star Bucks and have a Double Expresso and a chocolate truffle, and read The Robb Report, hey its bad for bizz, and for your customers who just gave your begging ass, money to eat a dollar burger, and then seeing you piss away $11,50 at Star Bucks, so try to stay ahead of the game, Act the part be a pro.
January 12th, 2009 at 8:49 pm
This will be worse than the 30’s, since we have far greater debt, individual, business and governamen,than we had going into the 30’s depression. Only time can expunge debt.
New World Order Reply:
January 13th, 2009 at 2:51 am
Don’t forget all out industries moved overseas years ago there are just no jobs for Americans……. You can always joing the Military of the new Cival Policing Atthority, work for the newly constructed federal prissons there will be lots of jobs. Inform on your friends and family for $$$
January 12th, 2009 at 9:48 pm
Ah, no shit it’s a depression! I’m already there. I guess I’m your future talking. I know some of you still have jobs.. but many many many of us DO NOT! We are on unemployment. They cut my food stamps after 2 months.. guess they are slowly cutting me off the system. I make too much money ($1100 per month). I’m pretty sure the black people next door dealing drugs (the ones with 6 kids) still are getting food stamps though.. so great.. I get to smell the BBQ! Eventually I’ll pick through the trash and suck the bone marrow from their chicken wings to sustain my health. I really love my country. I let them take hundreds of dollars from my check last year for IRS and hundreds more for social security so my other neighbors who claim mental anguish can get free rent. I’m glad I can help. They ask me for a ride to the grocery on food stamp day. Good thing gas has come down now.. I can demand a pack of hot dogs for my effort. I’m useful. Thanks George Bush! I know it was hard for you taking all that critisism.. God knows I gave my share. I still need a job but there arent any. Happy new year
New World Order Reply:
January 13th, 2009 at 2:43 am
Yes! Yes! Jin Let your anger flow! I can feel your hate! Angey and hate make you stronger! You now must act on that anger! Show the world that You mean business! Those you speak of are better off than you they get free food and there home is paid for they have been bought and paid for for there vote! FREEDOM ha ha ha ha
January 12th, 2009 at 9:54 pm
I used to think that reality was for people that can’t handle drugs but with the current situation Drugs may be the way to get free from the present reality!
Somebody in Washington is DEFINITELY on some excellent drugs to think they can rape the American people with NO repercussions.
January 12th, 2009 at 10:03 pm
P.S update, begging has been profitable this month, Im writing youa all about my cart and some sttagy for making it during hard times, (I gave up on the classic look) I just purchased a custom black tonneau cover for my grocery cart and painted goodyear letters on the tires and got the latest stock car race numbers #3 on placards. for the sides of my cart, I also put a custom air dam and polished aluminum spoiler up top, I also installed an alarm. because of the new sound system and a bitch’n battery, that I boosted from a low rider, that was parked to long in my alley. (remerber in hard times, any thing parked more then 20 minutes is abandoned, so you can salvage what you want) I’m looking into a custom cover, to keep the rain or snow off it. dont want to damage my $250.00 sleeping bag or my Cabella mountain tent, and cookwere. I have the finest Merill hiking shoes (Its advisable too try to scuff them up) Its not good to beg, with $150.00 dollar shoes, but you have to take care of your feet, the begging profession, requires you to be on your feet long hours, unless you go for the wheel chair look. More on that latter, Remember that you gotta keep the image up remember always get good gear. Any one can get a bug out bag, they are to heavy to carry, and surviving in the woods is a tough end, so boost a cart and have a bug out cart, its much better. meet new freinds in the inner city ghettos, I prefer of whats left of the business sector or district. (in hard times, stay away from office windows that open and hi rises with poor roof top security, many a sojourner have gotten squashed by an unhappy investor, who thought they could fly) I also rrecommend it because when you dumpster diving there you get some good stuff somtimes and the resturants, if you suck up to the owners or managers and kinda keep an eye out for them in the alley ways, also when help keep it clean they give some of the finest left over cusine and half drunken bottles of wine and champane, this is medicine to help you get thru the hard times, (as apposed to the suvivalist whos eating road kill and hidng out, under a rock, or drinking his own urine because he ran out of water. or pulling a ticks off his nuts, w.t.f.) also keeping the alley clean, hey after all its your back yard, and as for keeping out the thieves, is no problem because when your the thief, thus, just lay off, until they get cheap, this is all part of job security and always remember your selling poverty. I learned this from the best of the best, a/k/a the democrats.
January 12th, 2009 at 11:07 pm
Social Viability: I find it ironic that in your post you state, “All we need to do to unseat the ruling bankers is stop using their money. When we switch to an alternative currency their system will fall. The central banks will dissolve and their political actors will be out of a job.” and then when I click on your website it asks for my “money” to purchase your book.
January 13th, 2009 at 2:06 am
Your action is required immediately!
U.S. now only 2 states away from rewriting Constitution
http://www.worldnetdaily.com/i.....geId=83364
January 13th, 2009 at 2:23 am
H. J. RES. 5
Proposing an amendment to the Constitution of the United States to repeal the twenty-second article of amendment, thereby removing the limitation on the number of terms an individual may serve as President.
IN THE HOUSE OF REPRESENTATIVES
January 6, 2009
Mr. SERRANO introduced the following joint resolution; which was referred to the Committee on the Judiciary
JOINT RESOLUTION
Proposing an amendment to the Constitution of the United States to repeal the twenty-second article of amendment, thereby removing the limitation on the number of terms an individual may serve as President.
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled (two-thirds of each House concurring therein), That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States within seven years after the date of its submission for ratification:
`Article–
`The twenty-second article of amendment to the Constitution of the United States is hereby repealed.’.
http://ppjg.wordpress.com/2009.....residents/
January 13th, 2009 at 2:25 am
H. J. RES. 5
Proposing an amendment to the Constitution of the United States to repeal the twenty-second article of amendment, thereby removing the limitation on the number of terms an individual may serve as President.
IN THE HOUSE OF REPRESENTATIVES
January 6, 2009
Mr. SERRANO introduced the following joint resolution; which was referred to the Committee on the Judiciary
JOINT RESOLUTION
Proposing an amendment to the Constitution of the United States to repeal the twenty-second article of amendment, thereby removing the limitation on the number of terms an individual may serve as President.
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled (two-thirds of each House concurring therein), That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States within seven years after the date of its submission for ratification:
`Article–
`The twenty-second article of amendment to the Constitution of the United States is hereby repealed.’.
January 13th, 2009 at 2:39 am
We need a New Constitution one that enables more control to the Federal Government and we might as well do with out the states and merge them into the Western Alliance Regions. President Elect Obama should reign supreme and Bush should preside over the Americas.
January 13th, 2009 at 3:08 am
Architects and engineers have PROVED the world trade towers could only have collapsed because of massive amounts of EXPLOSIVES…The steel and concrete buildings are stronger than PYRAMIDS. You need to use TONNES OF demolition charges to destroy them. That’s why not a single such tower had ever collapsed before before 9/11, though America has countless such buildings.
Check out
http://www.ae911truth.org/
THESE EXPLOSIVES are what the Zionist Nazi media left out of the coverage. What we got in their edited versions were just the planes hitting the towers to create a spectacular propaganda picture and mobilise America for their wars.
We got captions like America under attack by terrorists rolling underneath CNN pictures within seconds!!!
THE BBC even reported the fall of the third of Tower, 20 minutes too soon, and the owner of the tower, yet another Zionist, collected the insurance, and even talked about the tower being pulled.
They get away with this on BLOOMBERGS patch.
January 13th, 2009 at 3:11 am
Heil New World Order,
We need a new constitution where you are elected eternal dictator over the “goyims and half beasts,” to kill us and enslave us.right? Just like your Satanic Talmud says.
By the way, I like you new outfit. Those black leather boots are really kinky and the whip is cool, too. I kinda like that Swastika armbad but think you should wear a little lower down.
The peaked cap needs to be pulled down a bit more too so people don’t see your face, cos those mean-glinting peasant, cunning eyes and those thick gross piggish features and snout aren’t so pretty.
But hey, that’s why you got such an inferiority complex, heh, and need to rule the world?
January 13th, 2009 at 3:16 am
Sure, New World Order, we might as well do without the states, without the American people, left homeless and impoversihed by you….We need an empty world. But then NWO, you won’t have anyone’s blood to suck and no parasite can live without a victim. No Zionist financier has ever produced anything except a banking system to leach from the capital of the hard working people and a media system to cover it up and a set of bribed and corrupted congress iin chaoots. And now the leeches have killed the victim, they can say bye, bye.
American gone, Israel finished. No friends for our little Yiddish Talmud reading racits who want to exterminate all goys out there. Bye, bye.
January 13th, 2009 at 3:18 am
New World Order in his Fuhrerbunker in Tel Berlin is raving like the other “Master Race” Fuhrer, Adolf, while the REd Army storms and takes over his little hole. Waste of space. A Satanic crazy is a crazy is a crazy.
January 13th, 2009 at 3:31 am
Yesss… the United $tates is headed into an economic depression, and I think (but do not believe) that the coming depression will be worse than the 1930s depression.
Here’s why I think this. Back in the 1930s, the United $tates was a global power player with vast untapped natural resources, a young and vibrant population… and a manufacturing base ready to go. The currency was backed with gold, and the Federal Government was $olvent. The Government was NOT fifteen trillion in debt (and soon to shoot the moon to 50+ trillion). Back in the 1930’s Americans were NOT fat ass AmeriKans. Go ahead! Waddle your fat ass into Wal-Mart… and take a good look at what has happened to America.
Okay baboonies! Here is ultimate lesson to be learned from 2008. Pay attention here! It comes from the “horse’s mouth” (Gold$tein & Co.), and it is the underlying cause for the coming global depression… and world wide war!
THE ULTIMATE LESSON OF 2008 says… that the DOCTRINE OF PERPETUAL GROWTH of the human population and the global economy on Planet Earth, a HOST ORGANISM of finite space and finite resources, cannot be sustained. The economic model of perpetual growth is NOT progress. IT IS CANCER! Full blown cancer!
Humankind (a.k.a.: ewe-man-unkind) has less than fifty earth years left (and maybe only five years) if it hopes to avoid a major extinction event! Old Coyote Knose!
January 13th, 2009 at 6:00 am
I have gone through some periods when my comments would not show up, even after days. Infowars assured me that there was nothing wrong with my IP and that things were just running slow, still suspicious though~
January 13th, 2009 at 7:37 am
The rider with the scales approaches! Revelation 6:6 brace for impact – non perishable food, Au & Ag – guns, ammo, reloading equipment – but most importantly – be networked with friends that also are not delusional.’
DoULoveJesus.org
January 13th, 2009 at 7:50 am
If all Americans were as politically correct as the people here at infowars- staff and listeners- we would have whipped the NWO years ago and routed them out for prosecution.
Unfortunately, we are all going to be continually and perpetually victimized because most of the citizens of America are stupid sheeple, in total willfull denial, who mostly live to “look out for #1″ and please themselves in selfish apathy, not wanting to burden themselves with anything they find unpleasant or may put them at personal risk.
If you are a 911 truther, you are no stranger to frustration, and you are not alone. Yeah, they will collapse the economy, and continue to dissolve what’s left of the Constitution. Just keep doing what you can.
January 13th, 2009 at 8:25 am
I have experienced similar difficulties when postingmy opinion. I don’t think it is Alex that is responsible, but believe me there are government forces out there, ours and others which constantly monitor your internet surfing habbits. If you visit websites such as this one you can pretty much expect this type of indiscriminate scrutiny. The untraceable spyware that the authorities commonly use these days effects your PC rendering your machine suseptable to a wide rage of unspecified interference.
January 13th, 2009 at 8:42 am
People as this ECONOMICAL DEPRESSION thing developes it is probably time for us city dwellers to consider moving out of a city environment. As grocery stores and shipping companies around the country begin to decline, as available resources dry up, desperate people will form groups that will violently pillage communities and individual residents stealing by force valuables of food, drinkable water and fuel. Disease will ravish communities where under norished populations with no access to medical treatments or vaccinations live in close proximity to one another. Living in such densely populated areas will be extremely dangerous. Believe me we can all probably do much better fending for yourselves against the elements of nature and prospects of starvation well outside these heavily populated hell holes.
January 13th, 2009 at 9:02 am
Hi, Jason BUMis here filling in for Alex Jones. I love Martin Lucifer King, he is a hero of mine. I do countless hours of research on many political and historical figures but somehow missed the fact that MLK was a Communist agitator trained by Communists.
January 14th, 2009 at 1:16 pm
i’m so sick of these articles about the economy. we get the picture already. quit beating a dead horse. everyone knew the economy was going to bottom out, you guys werent prophets. god damn, this site has become so boring
January 15th, 2009 at 10:45 pm
They’re just now saying it’s a depression? http://www.subvertednation.com was saying that a long time ago. Time to get your news elsewhere. Funny, the site also points out the real culprits of our ills rather than some mysterious NWO.