The Dollar Meltdown ~ Charles Goyette

Coast To Coast AM Meltdown of the Dollar 11.09.2009


Charles Goyette has long been known in Phoenix as "America’s Most Independent Talk Show Host!" With years of hands-on experience as an investment professional, he brings a welcome dimension of foresight and clarity to his political and economic commentary. Goyette has been called on often to share his views with television audiences nationally on CNN, Fox News, MSNBC, and PBS, including on The O’Reilly Factor, the popular PBS program NOW with Bill Moyers, and as a frequent guest on Lou Dobbs Tonight on CNN, repeatedly warning before the current economic turmoil of the "economic calamity the Republicans and Democrats" were creating.  Longtime financial professional Charles Goyette discussed the continued devaluation of the U.S. dollar, and how he sees this crisis unfolding for the average American. Over the years, the dollar has lost 96% of its purchasing power, he said, and the current rise in the price of gold reflects the fall of US currency. America has a staggering amount of debt--$1.3 million for every family; these debts will be accrued in some manner-- typically by fleecing the middle class, he warned.

The U.S. is moving away from being a "free economy" which depends on agreement and produces prosperity, Goyette noted. Instead, we're seeing a movement toward a "command economy, " he said, which produces shortages, and is run by "coercion," with resources, production, and consumption directed by a central command such as boards, commissions, and administrators. What has been taking place in industries such as insurance, automotive, banking, and health care are all examples of the "command economy," he detailed.

While credit card companies are slashing people's credit and forcing them to save, banks aren't offering any incentive for savers with their low return rates, he reported. As the dollar continues to be worth less, Goyette advised people to put some of their investments in gold and silver, and also consider other opportunities such as agricultural and natural resources.

Rush Limbaugh ~ America is Dying

"We are living in a dying country": Rush Limbaugh 4/5/12 opening monologue on Obama economy

Why isn’t all of the States Reps demanding for a Audit of the Federal Reserve Bank? Why isn’t there a review or Audit on the Wall Street? where is the Ethics and Appropriations Committee? Where is the Checks & Balances to all this Hijacked insanity? and all on the Federal level? and gaining speed in the State Levels and now trickling down to the private sectors, you know as they say Shit roll’s down hill….Just a thought….We need more Politicians with a set of ball’s….and stop all of this stupidity………..

A GUIDE to BITCOIN - Will the Federal Reserve Allow This Digital CURRENCY to go MAINSTREAM?

You've probably noticed people talking and tweeting endlessly about "Bitcoin" lately.

It's even gotten the attention of economic heavyweight Paul Krugman, who has said it's like a reimplementation of the gold standard.

Bitcoin (sign: BTC) is a decentralized digital currency[9][10] based on an open-source,[11] peer-to-peer internet protocol. It was introduced by a pseudonymous developer named Satoshi Nakamoto in 2009.[12]

Bitcoins can be exchanged through a computer or smartphone locally or internationally without an intermediate financial institution.[13] In trade, one bitcoin is subdivided into 100 million smaller units called satoshis, defined by eight decimal points.[4]

Bitcoin is not managed like typical currencies: it has no central bank or central organization. Instead, it relies on an internet-based peer-to-peer network. The money supply is automated and given to servers or "bitcoin miners" that confirm bitcoin transactions as they add them to a decentralized and archived transaction log approximately every 10 minutes.

The log is authenticated by end-users through hashed ECDSA digital signatures (similar to a username and password) and confirmed by intense calculations of varying difficulty, performed by dedicated servers called bitcoin miners. Each 10-minute portion or "block" of the transaction log has an assigned money supply that is awarded to the miners once a "block" is confirmed. The amount per block depends on how long the network has been running and how much in transaction fees has been paid. Currently, 25 new bitcoins are generated with every 10-minute block. This will be halved to 12.5 BTC during the year 2017 and halved continuously every 4 years after until a hard limit of 21 million bitcoins is reached during the year 2140.[1][12]

Bitcoin is the most widely used alternative currency[3][14] and accepted by various merchants and services internationally. As of March 2013, the monetary base of bitcoin is valued at over $1 billion USD.[15][16][17] The large fluctuation in the dollar value of a bitcoin has evoked criticism of bitcoin's economic suitability as a currency.[18]

Bitcoins can be sent and received through various websites and apps. They interface with bitcoins stored locally or with a service. They use a system of ECDSA digital signatures to make and verify transactions.
List of bitcoin wallets
Armory http://bitcoinarmory.com Bitcoin-Qt Coinbase Electrum Flexcoin Multibit
My Wallet https://blockchain.info/wallet Proprietary Web application w/ encrypted hosting

Users obtain new bitcoin addresses as necessary; these are stored in a wallet file with links to cryptographic passwords or "private keys" that enable access to and transfer of bitcoins. A file or "wallet" containing bitcoin addresses is usually encrypted with an additional password. bitcoin "federal reserve" "digital currency" digital currency produce money printing print nothing internet "internet currency" payment "payment system" code bank show owner guide beginner learn truth future trade trading virtual buy sell gold anonymous amount price value "accept bitcoin" accept buying purchase shopping fed hack deals crime cash paper theft account 2013 2014 america u.s. "united states" american agenda economy dollar usd collapse crisis banking interest risk gold silver bullion "gold bullion" trust sheeple alex jones infowars gerald celente trends trend trending national geographic inside vault money vault david icke system matrix lindsey williams elite control mafia jp morgan spot price farrakhan 829speedy
The network's software confirms transactions when it records them in the transaction log or "blockchain" stored across the peer-to-peer network every 10-minutes. Confirmation of future transaction records makes the ones before it increasingly permanent. After six confirmed records or "blocks" (usually one hour), a transaction is usually considered confirmed beyond reasonable doubt.

Initiators of a bitcoin transaction may voluntarily pay a transaction fee for the confirmation of these records. Any fees are collected by the operators of bitcoin servers -- often called nodes or "bitcoin miners". However, transaction fees may not cover the cost of electrical power required to operate a bitcoin miner. As a result the network server operators often rely on "mined" bitcoins as their only significant revenue.[19

Various vendors offer banknotes and coins denominated in bitcoins; a bitcoin private key is sold as part of a coin or banknote. Usually, a seal has to be broken to access the key, while the receiving address remains visible on the outside so that the balance can be verified.

Doomsday Machine of the U.S. Economy - Seib & Wessel

David Stockman, former Reagan budget director, explains why he believes the machinery of government is massively failing, in an interview with WSJ's Jerry Seib.

Alex Jones Show: Friday (4-5-13) Steve Pieczenik & Chuck Baldwin

On the Friday, April 5 transmission of the Alex Jones Show, Alex breaks through the wall of lies overthrowing reality as Americans face the fight of their lives, confronting a purge of gun owners and a persecution of returning veterans being disarmed and having their children stolen. He also breaks down the accelerating global economic meltdown, and the escalating North Korean nuclear threat's chillingly close April 10 deadline. On today's show, Alex speaks with former presidential nominee of the Constitution Party, co-author of Romans 13: The True Meaning of Submission and the founder and former pastor of Crossroad Baptist Church in Florida, Chuck Baldwin. Also, Alex welcomes Dr. Greg Dixon, a Baptist pastor who staged a peaceful protest against the IRS's para-military order.