” Topic: THE DECLINE OF THE DOLLAR! (Read 3386 times)

The Chairman
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THE DECLINE OF THE DOLLAR!
« on: Dec 23rd, 2005, 12:17pm » Quote Modify Remove

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IN THE NAME OF ALLAH MASTER FARD MUHAMMAD AND HIS MESSENGER,THE MOST HONORABLE ELIJAH MUHAMMAD.
ASALAAM-ALAIKUM,

TAKEN FROM FALL OF AMERICA, SURAH 20,”THE STRONGHOLD OF THE AMERICAN GOVERNMENT IS FALLING TO PIECES.SHE HAS LOST HER PRESTIGE AMONG THE NATIONS OF THE EARTH.ONE OF THE GREATEST POWERS OF AMERICA WAS HER DOLLAR. THE LOSS OF SUCH POWER WILL BRING ANY NATION TO WEAKNESS,FOR THIS IS THE MEDIUM OF EXCHANGE BETWEEN NATIONS.THE ENGLISH POUND AND THE AMERICAN DOLLAR HAVE BEEN THE POWER AND THE BECKONING LIGHT OF THESE TWO GREAT POWERS.BUT WHEN THE WORLD WENT OFF THE GOLD AND SILVER STANDARD,THE FINANCIAL DOOM OF AMERICA WAS SEALED.”
THIS DEVIL IS NOW TELLING YOU ,HIMSELF, THAT AMERICA’S FINANCIAL GLORY AND FUTURE IS DOOMED!
READ THE ARTICLES ON: www.safehaven.com/showarticle.cfm?id+4331&pv+1 ESPECIALLY THE ARTICLE:WHAT’S THE FED UP TO WITH THE MONEY SUPPLY?
« Last Edit: Dec 23rd, 2005, 12:20pm by The Chairman »

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

The Chairman
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Re: THE DECLINE OF THE DOLLAR!
« Reply #1 on: Dec 24th, 2005, 12:35pm » Quote Modify Remove

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continued from, FALL OF AMERICA,DECLINE OF THE DOLLAR
“BUT TODAY,THE CURRENCY OF AMERICA IS NOT BACKED BY ANY SOUND VALUE-SILVER OR GOLD.THE NOTE TODAY IS SOMETHING THAT THE GOVERNMENT DECLARES THEY WILL GIVE YOU THE VALUE IN RETURN,BUT DOES NOT NAME WHAT THAT VALUE IS. BUT THEY ARE NOT BACKING THEIR CURRENCY WITH SILVER OR GOLD.
THIS IS THE NUMBER- ONE FALL,AND IT IS VERY CLEAR THAT THE LOSS OF THE POWER OF THE AMERICAN DOLLAR MEANS THE LOSS OF THE FINANCIAL POWER OF AMERICA. WHAT WILL HAPPEN SINCE THERE IS NO SOUND BACKING FOR HER NOTES WE DO NOT KNOW.
WHAT SHOULD WE EXPECT EVEN IN THE NEXT TWELVE MONTHS UNDER THE FALL OF THE POWER OF AMERICA’S DOLLAR?THIS MEANS THAT WE HAVE 100PERCENT INFLATIONWHAT COULD HAPPEN UNDER 100PERCENT INFLATION?YOUR GUESS IS AS GOOD AS MINE.THE POWER OF GOLD AND SILVER WAS ONCE ABUNDANT IN AMERICA.BUT THE TOUCH OF THE FINGER OF GOD AGAINST THE POWER OF SO MIGHTY A NATION HAS NOW CAUSED THE CRUMBLING AND FALL OF AMERICA.”
WE SHOULD STUDY MESSENGER MUHAMMAD’S WORDS AND TEACHINGS WHETHER OR NOT WE ARE BELIEVERS.PUT THEM ON A SCALE OF FACTS ,AND WEIGH THEM,AND IF THEY BEAR FRUIT(WHICH IS TRUTH),WE SHOULD THEN LAY HOLD TO THEM!THIS MAN STATED THESE THINGS FOR OVER FORTY YEARS.JUST LOOK AT YOUR NEWS AND TELL ME WHETHER OR NOT THEY(HIS WORDS)ARE BEARING FRUIT.
BIBLE,DEUTERONOMY,18;22,”WHEN A PROPHET SPEAKETH IN THE NAME OF THE LORD,IF THE THING FOLLOW NOT,NOR COME TO PASS,THAT IS THE THING WHICH THE LORD HATH NOT SPOKEN,BUT THE PROPHET HATH SPOKEN IT PRESUMPTUOUSLY:THOU SHALT NOT BE AFRAID OF HIM.”
VERSE 18 AND 19,”I WILL RAISE THEM UP A PROPHET FROM AMONG THEIR BRETHREN,LIKE UNTO THEE,AND WILL PUT MY WORDS IN HIS MOUTH; AND HE SHALL SPEAK UNTO THEM ALL THAT I COMMAND HIM.
AND IT SHALL COME TO PASS,THAT WHOSOEVER WILL NOT HEARKENUNTO MY WORDS WHICH HE SHALL SPEAK IN MY NAME,IWILL REQUIRE IT OF HIM.”
BROTHERS AND SISTERS,THE TRUTH IS AS PLAIN AS SUNSHINE,I JUST PRAY THAT YOU WILL OPEN YOUR EYES TO THE BRILLIANCE AND BRIGHTNESS OF THE DAY SUN!

“INSHALLAH MORE TO COME”

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

The Chairman
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Re: THE DECLINE OF THE DOLLAR!
« Reply #2 on: Dec 26th, 2005, 6:05pm » Quote Modify Remove

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YOU MAY ASK,WHY WOULD ALLAH ALLOW THIS SO-CALLED GREAT NATION TO FALL?WELL,IN ,”FALL OF AMERICA”,PG.88 MESSENGER ELIJAH MUHAMMAD GIVES TWO OF THE MAIN REASONS FOR HER FALL;”NUMBER 1,SHE HAD BECOME THE HABITATION OF DEVILS.
ANS BEING THEN HABITATION OF DEVILS MAKES HER A HAVEN FOR EVERY PEOPLE THAT LOVES THE WORKS AND DOINGS OF THE DEVIL.”

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

Brother Darrows
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Separation is Our Salvation

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Re: THE DECLINE OF THE DOLLAR!
« Reply #3 on: Dec 26th, 2005, 7:37pm » Quote Modify Remove

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As Salaam Alaikum

… And the number two reason or just the other reason, is the bringing of us (so-called Negro) here to America and the subsquent ill treatment and abuse of us since they (slavemaster) has put on us during our (so-called Negroes) sojourn here in the hells and wilderness of North America.

In fact that was her (Americas) doom.

Watch As Well As Pray

« Last Edit: Dec 26th, 2005, 7:39pm by Brother Darrows »

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20:102 The day when the trumpet is blown; and We shall gather the guilty, blue-eyed, on that day,

The Chairman
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Re: THE DECLINE OF THE DOLLAR!
« Reply #4 on: Dec 26th, 2005, 7:47pm » Quote Modify Remove

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ASALAAM-ALAIKUM.

THE NUMBER REASON FOR THE FALL IS BECAUSE OF THE BRINGING OUR FATHERS INTO THE WESTERN HEMISPHERE TO BUILD UP THEIR EMPIRE AND GET HELL IN RETURN.
BUT THE NUMBER ONE FALL IS THE LOSS OF HER MONEY POWER.THOSE ARE TWO DISTINCTIONS.
BROTHER I AGREE !WATCH AS WELL AS PRAY!
THAT IS WHY I TRY TO KEEP THE VIEWERS FOCUSED ON STUDYING THE TEACHINGS,BECAUSE GIVING YOURSELF TO STUDYING ALLAH’S WORDS IS RENDERING PRAYER!
LONG LIVE MESSENGER MUHAMMAD’S TEACHINGS.

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

Brother Darrows
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Re: THE DECLINE OF THE DOLLAR!
« Reply #5 on: Dec 26th, 2005, 10:19pm » Quote Modify Remove

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THE REAL TRUTH IS THAT AMERICA IS UNDER DIVINE JUDGMENT TO DESTROY HER FOR THE EVILS DONE TO ALLAH’S PEOPLE(THE BLACK MAN IN AMERICA). ~~ Our Saviour Has Arrived, Page 11.

Watch As Well As Pray
« Last Edit: Dec 26th, 2005, 10:23pm by Brother Darrows »

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20:102 The day when the trumpet is blown; and We shall gather the guilty, blue-eyed, on that day,

The Chairman
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Re: THE DECLINE OF THE DOLLAR!
« Reply #6 on: Dec 30th, 2005, 2:34pm » Quote Modify Remove

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ASALAAM-ALAIKUM,

HERE IS MORE PROOF OUT OF THE DEVILS OWN MOUTHS (BEARING WITNESS TO MESSENGER ELIJAH MUHAMMAD AND HIS SUPREME TEACHINGS)ABOUT THE FALL OF THE THIS DEVIL’S POWER(THE DOLLAR)AND HIS SO-CALLED GLORIOUS ECONOMY AND ECONOMIC OUTLOOK.
www.articles.news.aol.com/news/articles.adp?id=20051229171309990007& cid=771
TITLED:U.S. NEARS DEBT LIMIT, COULD DEFAULT ON BILLS
« Last Edit: Dec 30th, 2005, 2:38pm by The Chairman »

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

The Chairman
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Re: THE DECLINE OF THE DOLLAR!
« Reply #7 on: Dec 30th, 2005, 2:46pm » Quote Modify Remove

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IF YOU ARE HAVING TROUBLE ACCESSING THE ABOVE SITE,GO TO www.whatreallyhappened.com UNDER THE SAME TITLE(U.S. NEARS DEBT LIMIT, COULD DEFAULT ON BILLS).
I HOPE YOU READ!
« Last Edit: Dec 30th, 2005, 3:54pm by The Chairman »

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

The Chairman
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Re: THE DECLINE OF THE DOLLAR!
« Reply #8 on: Jan 7th, 2006, 8:35am » Quote Modify Remove

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ASALAAM-ALAIKUM,

CHECHOUT :www.infowars.com if you have problems finding site,go to info wars(search for bill gates and warren buffett running from the dollar. or the article about china moving it’s reserves from the dollar.
« Last Edit: Jan 10th, 2006, 1:04pm by The Chairman »

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

The Chairman
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Re: THE DECLINE OF THE DOLLAR!
« Reply #9 on: Jan 10th, 2006, 1:00pm » Quote Modify Remove

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ASALAAM-ALAIKUM.

HERE IS MORE PROOF THAT, Quote:THAT MAN(ELIJAH MUHAMMAD)IS TELLING US THE TRUTH.

THE DOLLAR’S STRENGTH AND POWER IS NO MORE.AND THERE IS NO MORE DENYING IT.
www.washingtonpost.com/wp-dyn/content/article/2006/01/09/AR2006010901042 _pf.html

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

The Chairman
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Re: THE DECLINE OF THE DOLLAR!
« Reply #10 on: Jan 14th, 2006, 12:19pm » Quote Modify Remove

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IN THE MOST HOLY NAME OF ALLAH(MFM)AND HIS MESSENGER(T.H.E.M.)I GREET YOU ALL IN PEACE,ASALAAM-ALAIKUM.
THE HONORABLE ELIJAH MUHAMMAD TAUGHT US THAT THIS DEVIL WOULD NOT TELL YOU OF HIS DOOM UNTIL YOU SEE IT COMING ON HIS HEELS.HE ALSO PREDICTED TO THE VERY LETTER THE U.S. ECONOMIC FALL AND THE LOSS OF THE HEGEMONIC U.S. DOLLAR’S POWER.
NOW EVEN THIS EUROPEAN DEVIL IS TELLING YOU OF AMERICA’S EMINANT FALL AND ECONOMIC COLLASPE CONTRARY TO THE ROSEY SCENARIO THAT THIS GOVERNMENT PROPAGATES.
http://english.pravda.ru/world/20/91/368/16741_dollar.htm UNDER THE TITLE:THE DOLLAR MAY FALL THIS MARCH!
« Last Edit: Jan 14th, 2006, 1:19pm by The Chairman »

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

sol
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Re: THE DECLINE OF THE DOLLAR!
« Reply #11 on: Jan 14th, 2006, 7:45pm » Quote Modify Remove

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…Who are the lenders? This year, China, Japan and other East Asian countries are expected to finance half the annual U.S. trade deficit. As Financial Times columnist John Plender wrote, the world’s “lone superpower now depends on China as the swing financier for its gigantic current account deficit.”

That’s why the dollar crisis finally attracted mainstream media attention last month when rumors spread that central banks in China, India and Russia were starting to divert their holdings of foreign currencies out of dollars because of the decline in their value.

The Bush White House claims that it is committed to keeping the dollar strong, but this is hot air. Actually, the administration has actively encouraged a controlled decline in the value of the dollar.

One goal is to lower the U.S. trade deficit. A weaker dollar benefits U.S. manufacturers because U.S. exports are cheaper to buy in other countries, and other countries’ exports become more expensive in the U.S. Yet the trade deficit has continued climbing despite the dollar’s decline over the past year.

U.S. policymakers also understand that the accumulated debt from the twin deficits becomes cheaper to pay off. “In essence, what is happening is that the American government is defaulting on a part of its debt,” Joel Geier, associate editor of the International Socialist Review, said in a recent interview. “They will pay back the debt at its face value, but in a devalued currency. It’s not declaring bankruptcy, but the world’s biggest debtor is telling its creditors: ‘We’ll pay you 80 cents on the dollar, or 60 cents on the dollar.’ Try that with your credit card company.”

This is playing with fire–because the more the dollar drops in value, the less incentive other countries will have to continue financing the U.S. balance of payments deficit. “The break can come either from the Reserve Bank of China deciding it has enough dollars, thank you, or from private investors saying ‘I’m going to take a speculative bet on a dollar plunge,’ which then ends up being a self-fulfilling prophecy,” Krugman said.

Even if the White House avoids this nightmare scenario, working people will pay a price in declining living standards. The administration’s unstated policy of letting the dollar slide means not only that imported products are more expensive to buy, but that prices will rise across the board.

This hasn’t shown up in the government’s official inflation statistics yet. But these figures are increasingly misleading because they exclude so many essential products–like, for example, gas, which has jumped in price over the last several years–because they are supposedly “too volatile” to measure properly.
…

http://www.socialistworker.org/2005-1/525/525_05_DollarCrisis.shtml

the preceding is NOT in Business World. That would be TOO honest.

« Last Edit: Jan 14th, 2006, 7:57pm by sol »

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The Chairman
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Re: THE DECLINE OF THE DOLLAR!
« Reply #12 on: Jan 15th, 2006, 10:33am » Quote Modify Remove

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SALAAM,

GREAT FOLLOW UP SOL’!HERE IS MORE INFO TO HELP OPEN MORE EYES TO THE DYER ECONOMIC SITUATION FACING THE SO-CALLED PROSPEROUS SITUATION OF THE FALLING EMPIRE THAT IS AMERICA.
www.aljazeera.com then click on “IRAN’S OIL BOURSE:A TREATH TO THE PETRO DOLLAR” http:english.aljazeera.net/NR/exeres/C1C0C9B3-DDA9-42E2-AE9C-B7CDBA08A6E 9.HTM THIS SHOWS ONE OF THE MAIN AND TRUE REASONS FOR AMERICA’S CONFRONTATION WITH IRAN THAT YOUR AVERAGE MEDIA REFUSES TO TALK ABOUT OR ACKNOWLEDGE.
« Last Edit: Jan 15th, 2006, 10:58am by The Chairman »

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

The Chairman
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Re: THE DECLINE OF THE DOLLAR!
« Reply #13 on: Jan 15th, 2006, 2:48pm » Quote Modify Remove

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LONG LIVE THE TEACHINGS OF ALMIGHTY GOD ALLAH IN THE PERSON OF MASTER WALLACE FARD MUHAMMAD(TO WHOM PRAISES ARE DUE FOREVER)
http://geostrategymap.com/N_KeepWatching.htm

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—“/////////////////——–

NOW;”Stock Market Dollar Store: U.S. Dollar Down 12.5 Percent and S&P 500 Up 50 Percent since March. How the U.S. Treasury and Federal Reserve Juice the Stock Market.
Posted by mybudget360 in US Dollar, bailout, banks, bubbles, debt, economy, foreign currencies, i-banking, inflation, monetary policy, us treasury
0 Comments Americans have missed one serious correction since the manic stock market took off in March. Since that time the value of the U.S. dollar, the bedrock of our economic system has fallen a stunning 12.5 percent. Currencies should not fluctuate this much especially the world’s reserve currency. Back in December, I talked about how the U.S. Treasury and Federal Reserve were determined to destroy the dollar for the sake of bailing out our massive debt. The plan in the short run has created a stunning stock market rally that has set the S&P 500 on fire to a 50 percent rally. In a recession this profound, you don’t typically turn things around in two years (the recession started officially in December of 2007). Yet this appears to be more of a bear market rally since the unemployment picture will remain bleak for months to come.

It is interesting how little coverage the tanking dollar is receiving. Maybe people are just happy that their stocks are running back up even though P/E ratios are extremely expensive. Yet the correlation between the dollar going under and stocks rallying is undeniable:

Now you might ask, why at the peak of the panic did the U.S. dollar reach a 3-year high? You have to remember that for almost a year, the notion of decoupling was making the rounds across investment communities. This idea was based on the premise that the U.S. was going to have a silo like decline while nations around the world somehow prospered with the biggest economy going under. This had as much merit as believing subprime loans would be a contained issue. So in late 2008, the idea was put to rest and people started rushing to safety especially with the implosion of banks like Lehman Brothers and the virtual nationalization of Fannie Mae and Freddie Mac. In March, investors had enough and the U.S. dollar still reigned supreme as a safe haven.

Since that time, the U.S. Treasury and Federal Reserve have done everything possible to crush the dollar rally including committing to buy $1.25 trillion in various forms of debt much of it in the form of mortgages and going with quantitative easing. What happened after this?

The stock market took off while the U.S. dollar continued a steady decline. And of course this would only be logical because why would foreigners want to purchase debt that is inherently following a policy of inflation by its issuer? U.S. items have become cheaper on a global stage. For those setting this policy, it makes a lot of sense because they are trying to inject inflation and slowly grow ourselves out of trillions in debt. U.S. households are still mired in massive amounts of debt:

Now one thing is certain and that is American households are cutting back on debt. Much of this is happening because of a forced austerity but many are simply choosing to spend less by choice. And given that most of our borrowing comes from foreigners who hold enormous amounts of our debt, a declining dollar makes the amount we have to pay back that much cheaper. Now rightfully so, foreigners really do not like this kind of arrangement so the U.S. Treasury and Federal Reserve have to walk this trillion dollar debt tightrope. Their solution? Juice the stock market and make saving your money as unattractive as possible for domestic consumers. Cash for clunkers. Massive tax rebates for buying homes. All these are steroids for consumption and over consumption ironically is what led us into this financial crisis.

So should you worry? You may be thinking that it would be great if you can simply inflate all your debts away. That is assuming that the U.S. Treasury and Federal Reserve actually succeed in their objective. Keep in mind, never in the history of our country has the Fed loaded up their books with so much questionable debt:

Source: Zero Hedge

This is unprecedented but the gist of all this is that we can somehow engineer ourselves out of this mess with targeted inflation. Given the size of the housing and credit bubble it is hard to see how this is even possible. The average American household is not able to balance this out given the number of rising bankruptcies and record high foreclosures.

The more troubling sign is how our currency is being sacrificed for easy finance for the banking industry. Many banks are now staying solvent even with bad loans on their books because they are now able to raise money in the open casino (stock market) by suspending belief with massaged mark to surreal accounting methods.
The S&P 500 is not up because of earnings. It is up because of the systematic destruction of the U.S. dollar and massive subsidies to failed banking institutions. We still have major issues including $3 trillion in commercial real estate yet this rally has the wind blowing on its back. Yet this is a stock bubble engineered by the juice of the U.S. Treasury and Federal Reserve. Those who use steroids usually have it catch up on them.

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