The Economy Chills

Indymac capsizes and the banking crisis deepens into less of a cut and more of an infection with the 2nd largest closing in the United States history.

On August 10, 2005 I posted the following:

1) I believe that the globalists are attempting to strip the American Economy by devaluing the dollar, weakening the American military through multiple prolonged conflicts and the removal of what was outstanding American influence over many countries in order to prepare us for a Global Union.
2) In order to achieve a Global Union, the current global problem solver, the United States, must be effectively removed from the picture. I believe that this will be accomplished by plunging the American economy dramatically, suddenly and then selling off her assets gradually over the next year ending roughly in June of next year.

I will maintain that while my timing is sometimes suspect (off a few months to a year) my analysis is generally spot on. Let's look at my prediction again -
1) The dollar continues to tank with countries virtually lining up to fling it off the monetary cliff. This is while costs stack up from the Afghan/Iraq conflict.
2) The Unions continue to develop and while the economy took more of a prolonged sell-off, one is hard pressed to explain that I called this weakening while the "experts" were claiming we'd climb out of it. (Feeling foolish yet?)

The Real Effect
The bleeding is worsening as the globalists loot the American people of everything. Pensions are starting to disappear, savings are gone, debt is piling on and the elite are laughing. After all, you got your "stimulus" check right?
This is going to get much worse everyone with a domino effect knocking off many long-standing institutions as they become "Federal". With the harpies screaming about Iran, God forbid they actually invade that country and they close the Straits of Hormuz.