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No Brainer Course In Derailing The Trans Pacific Partnership

January 10th, 2014 by

The smallest action is bigger than the greatest intention.

1-10-2014 11-54-55 AM

http://www.activistpost.com/2014/01/no-brainer-course-in-derailing-tpp.html

By Heather Callaghan

If you don't know what it is yet – that means it's working. The secrecy, that is. But once Pandora's Box is opened, there's no putting anything back. It will go down in history as one of the worst, oppressive plagues to saturate the planet.

Like Spider Man trying to stop a train from going over with nothing but his strength and shooting threads; we are going to need all the Web we can get to stop the fast-tracking Trans-Pacific Partnership from running over us. Perhaps more aptly, it is a tangled web we'll be left trapped in as prey if we do nothing.

Here's a crash-course and the easiest approach – all guesswork removed. But first, here's a sampling of what you can kiss goodbye if this mammoth piece of legislation goes through…

What's left of our jobs, food safety, Internet freedom, natural medicine, small farming, choice in medicine, financial regulation, privacy and more. Basically, all your rights. It permeates every area of your life, it's been ramrodded through the Senate, and the media is not saying anything. It grants the likes of Monsanto, Wall Street and other huge entities full reign with immunity.

Kiss any last American sovereignty goodbye and say hello to your new global crypto-corpocracy complete with international tribunals and the end of domestic law – from your newly refurbished prison cell, of course. After all, you clicked on the wrong Internet link! And your ISP was watching and reported you. In the near future, this article could be enough to jail me, ban my whole family from the Internet, have computers seized and delete the website. No more videos that piece other clips together, or anything that hints at "infringement," no more fair use, so no more non-corporate news.

It's been shrouded in secrecy, especially from the People and Congress, planned behind closed doors for years, and proponents are searching for sponsors to have the President push it through now that Congress is back from recess.

The Trans-Pacific Partnership n. 1. A "free trade" agreement that would set rules on non-trade matters such as food safety, internet freedom, medicine costs, financial regulation, and the environment. 2. A binding international governance system that would require the United States, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and any other country that signs on to conform their domestic policies to its rules. 3. A secret trade negotiation that has included over 600 official corporate "trade advisors" while hiding the text from Members of Congress, governors, state legislators, the press, civil society, and the public.

Here's your crash course link on the TPP. You'll be ready for take-off in no time. They've made it that simple:

Expose the TPP

After being mind-blown and catching your breath, you can do the absolute easiest thing there is to do by using Twitter with the hashtag #NOFastTrackTPP (but wait, there's more).

Don't use social media? No problem, scroll down. For social media users, here are the easiest things you can do, besides sharing memes and links on Facebook. Share things to Reddit andStumbleUpon. Everyone should call their reps (below).

See the Twitter storm event – still going. Pull any memes – share. Only use this hashtag for social media:  #NOFastTrackTPP. Using other hashtags and adding more will split the trends.

Next, Tweet your little heart out to your reps and others. Easily find them by clicking the "Discover" button and typing "congressman" in the search. All their Twitter names appear. Find celebrities, they often re-tweet. Example: @repfitzpatrick or @RepBera

Example Tweet:

@RepBera NO to Fast Track Authority and TPP, or we will not re-elect!! ‪#‎NoFastTrackTPP

Here's another: "Do NOT sponsor FastTrack! Vote NO on TPP! ‪#‎NoFastTrackTPP"

Some reps have stood against the TPP, so first you might want to see this:

Spank or Thank?

– OR –

Use a general message for everyone: "I will NEVER support the Trans-Pacific Partnership#NOFastTrackTPP"

Want to jump into the Twitter storm? Easy. Sign up at Twitter, it runs you through a few-second tour and you can figure out the rest, see Help, or ask friends. Use the hashtag #NOFastTrackTPP on Facebook statuses. 

Non-Social Media Users:

Find all your representatives' info/forms in one-click. Just click on your state:
Contacting the Congress

Or use this:
Call President Obama: 202-456-6213
Call your Representative: 202-225-3121
or Toll Free (877) 762-8762

E A S Y  S C R I P T:
 

(Breathe and talk slowly. You will do just fine. Be polite and confident.) 

“Hi, this is (your full name). I am a constituent of Rep/Senator (name). I live in (name of city). I am calling to request that Rep/Sen (name) vote NO on Fast Track Authority. It is important to me that Congress follows the Constitutional directive to negotiate international trade and that all trade agreements are given full consideration, debate and amendments as needed. 

Do you know Rep/Sen (name) position on Fast Track Authority? Will he/she vote Yes or No? (wait for an answer) 

Do you know Rep/Sen (name) position on the Trans Pacific Partnership Agreement? Will he/she vote Yes or No? (wait for an answer) 

(regardless of their response, just continue) 

Once again, I am requesting that Rep/Sen (name) vote NO on Fast Track Authority and NO on the TPP! Please be sure he/she gets my message. Thank you.”

Go to the Crash-Course site and print off PDFs to share. Actually, that whole website is designed to help you take action, online and off. You can still share the hashtag in any way you choose – it gets the point across fast.

URGENT:

If you can target these two reps, you could stop the fast-track today:

1) MIKE QUIGLY (IL-05) 
D.C. 202-225-4061
District: (773) 267-5926
Twitter: @RepMikeQuigley
https://www.facebook.com/repmikequigley

2) GREG MEEKS (NY-05) 
D.C. (202) 225-3461 
District: 347-230-4032 & 718-725-6000
Twitter: Gregory Meeks
https://www.facebook.com/gregorymeeksny05 

Lastly, if you have done something, no matter how small to derail the TPP fast track – THANK YOU!!

Special thanks also to Andrew Pontbriand, Emily Laincz and Nick Bernabe for their tireless organizing, efforts and information  – and to all those who joined them. Without them, this article wouldn't be – nor will it with the TPP!
The smallest action is bigger than the greatest intention.

01 10 14 I just signed this you should too.

http://act.credoaction.com/sign/fast_track

Negotiated behind closed doors by the governments of a dozen countries (including ours) colluding with corporate interests, the Trans-Pacific Partnership (TPP) is a massive corporate power grab.

Under the TPP, more American jobs would be offshored. Internet freedom would be a joke. Developing countries would lose access to lifesaving medicines. Unsafe foods and products could pour into our country. And that’s just the tip of the iceberg.

The first step in corporate plan to pass the TPP is something called "fast track trade authority."

Join me in telling Congress to say NO to fast-track track authority. Click the link below to sign the petition:

http://act.credoaction.com/sign/fast_track/?sp_ref=25324470.4.458.e.0.2&referring_akid=.5310205.GTEJTl&source=mailto_sp    

Stop this massive corporate power grab.

Top of Form

Sign the petition

The petition reads:

"Congress: Say NO to fast-track trade authority and other undemocratic attempts to prevent Congress from fully vetting secret trade deals like the Trans-Pacific Partnership. It’s your job to ensure trade deals work for everyone, not just giant corporations, and it would be deeply irresponsible for you to ignore that responsibility by supporting fast-track trade authority."

Bottom of Form

1-10-2014 11-54-55 AM

The Trans-Pacific Partnership (TPP) is a terrible "trade" deal being negotiated in secret by the governments of a dozen countries (including ours) colluding with corporate interests.

Under the TPP, more American jobs would be offshored. Internet freedom would be a joke. Developing countries would lose access to lifesaving medicines. Unsafe foods and products could pour into our country. And that’s just the tip of the iceberg.

Our best shot to stop the TPP is right now.

The enactment of the TPP will hinge upon the passage of so-called “fast-track trade authority,” which would allow the president to sign off on the TPP before the American people or Congress ever have a chance to read it.

A fast-track bill was introduced in Congress yesterday. So we need to speak out today.

Tell Congress: Say NO to fast-track trade authority.

You might think such a far-reaching proposal as the TPP would be subject to intense public debate. But the text of the proposed deal is considered classified by our government and even members of Congress have been given extremely limited access to it.

Yet, while the government has kept the public and Congress largely in the dark about the TPP, it has given 600 corporate advisers access to the full text of the proposal.

We know the little we do know about the deal because drafts of some of its chapters have been leaked. And what we know isn't pretty.

A draft of the "intellectual property rights" chapter of the TPP was leaked recently, and according to the Electronic Frontier Foundation, it "reflects a terrible but unsurprising truth: an agreement negotiated in near-total secrecy, including corporations but excluding the public, comes out as an anti-user wish list of industry-friendly policies."1

That's only one chapter, when there are many other chapters that haven't been leaked.

The first stage in the plan to pass the TPP is a big push for Congress to pass fast-track trade authority, which would short-circuit the typical legislative process when trade deals like the TPP come up for a vote.

Pressured by giant corporate interests that stand to make huge amounts of money on the deal, and faced with a public that has purposefully been kept ignorant about this deal, it’s not hard to see how the TPP could be rammed through Congress if fast-track trade authority is in place.

Tell Congress: Say NO to fast-track trade authority.

Fast-track trade authority would allow the president to sign a trade deal before Congress has an opportunity to approve it. Then the president could send it to Congress with the guarantee that it would get an up-or-down vote within 90 day.

Fast track would mean there would be no meaningful hearings, limited debate and absolutely no amendments to the deal. And there would be tremendous pressure on Congress to rubberstamp anything the president signs.

The recently leaked drafter chapter is a huge red flag about the kind of terrible policies the Obama administration wants to include in the TPP.

The Constitution gives Congress exclusive authority over trade. And it would be a deeply irresponsible abdication of responsibility for Congress to pass fast track when we know the TPP is coming down the pike, especially when we know the consequences of the TPP could be disastrous.

It's the job of Congress to fully vet trade deals and ensure they work for everyone, not just giant corporations.

Tell Congress: Say NO to fast-track trade authority.

Thank you for speaking out. Your activism matters.

1"TPP Leak Confirms the Worst: US Negotiators Still Trying to Trade Away Internet Freedoms," Electronic Frontier Foundation, Nov. 13, 2013.

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AND THE DEVIL SAID TO OBAMA!

January 1st, 2014 by

http://www.newswithviews.com/Ewart/ron133.htm

1-1-2014 9-57-16 AM

By Ron Ewart

NewsWithViews.com

"He's really sort of the devil. He's completely emotionally detached. He has no empathy. You find that in psychopaths. It's about power with Voldemort. (Lighting Bolt). It's an aphrodisiac for him. Power makes him feel alive." -Ralph Flennes, English Shakespearian Actor

Oh, how the mighty have fallen! The once-proud dragon slayers of the North American Continent, the righteous defenders of freedom who walked with head held high in a land of liberty, are now the prisoners of the dragon and are being beguiled by the false promises of a camouflaged devil, in the hopes of eternal salvation here on earth. But the dragon speaks with a forked tongue. This dragon has uttered lofty words of hope, change, dreams, and of being lifted up by the omnipotent power of the Messianic One. He will wave his magic wand and relieve you of your suffering and wants. He will provide you with jobs, free health care and he will bring peace to the world at last.

After 5 years of this Devil, how is that working out for you?

This purveyor of false dreams appeals to the weakness in man, the weakness in man that seeks salvation by the hand of another, instead of looking into his own heart and mind to extract his own salvation in the manifestation of self-reliance, responsibility and the duty to one's own life. He does this so that he does not become a burden on his neighbor. The man who would bow down to a false savior hoping that this savior will deliver him from poverty, oppression and discrimination, is a man who believes in apparitions and ghosts. Such a man hands over his life to the Devil and in so doing surrenders his will and his freedom, ignorant of the fact that the Devil wants to own him.

America's freedom, the promise of liberty and the pursuit of happiness was not a promise from government to save you from yourself, or to drag you out of poverty, or to protect you from oppression and discrimination, or dip into the public treasury to pay you for your mistakes and transgressions. It was a promise and an absolute contract on government to preserve, protect and defend your individual liberties so that you are "free" to succeed in glory, or fail and rise out of the depths of failure on your own. America's Constitution was not a contract to feed you, or provide you with a job, or "free" health care, that is anything but free. In fact, the Constitution makes no such promise or guarantee.

Government has no Constitutional right to take from me because I am a little better well off than you and hand over my sweat equity to you, because you are not as well off as I. That is pure Marxism. Government has imputed that right by a perversion, strained interpretations or unlawful additions to the Constitution and it has done so with malice aforethought. It has done so to own you and keep you under control and to keep them in power. Unfortunately, most Americans have now become slaves to that very government that had an absolute duty and obligation to defend and maintain their freedom, but instead, with stealth, wrapped them in chains.

So out of the bowels of one of the most corrupt cities in America, came a flawed "savior". In flowery tones and inspirational phrases he spoke of high hopes, attaining unrealized dreams and changes to government that will lift each of us up out of bondage. He uttered words of American pride, strength and a can-do spirit and for those of us who can see through this veil of propaganda and deceit, we know he cares not one whit about American pride, strength and can-do spirit. This man is motivated by one thing and one thing only, power, power over the people. His ego discovered that power when his audiences began to heap praise and applause on his emotionally charged speeches. We are surprised that he has not spread his arms wide to the heavens and parted the Atlantic Ocean.

But should you believe in the promises of the Messianic One, this omnipotent savior with a tortured past, who was blown into national prominence from the Windy City by unseen hands, you will hand your life over to a man who will instead, strip you of your American pride, strength and can-do spirit. Because no one man, or a plethora of men can give you what can only come out of your own heart, mind and soul. Others may reach out and give you a helping hand, but the final thrust to a better life and the pursuit of happiness must come out of what is inside you.

This false prophet and his cast of loyal "angels" have taxed achievement and provided monetary incentives for sloth by executive fiat, or legislative trickery. He negotiates with our enemies who seek to destroy us. By his own words he would disarm America and render her vulnerable to those enemies who would see her in Hell. He has sold American sovereignty on the alter of the one-world-order. He has opened the doors to illegal immigration with the promises of amnesty, in the hopes of enlisting new hordes of socialist voters. He has pandered to the radical environmentalists who, if they get their way, will reduce America to a third-world country and strip her of her pride, dignity, wealth, prosperity, ingenuity, creativity and generosity, not to mention her very freedom.

But take heart! We've taken on Kings before. Back in 1776 we smote the almighty King and kicked he and his army and navy out of America. We had to do it again in 1812, but we did it then too. So what's the big deal? Obama is just another King to smite. Americans are good at that. We will just have to kick out this new King and send his narcissistic bony carcass on a one-way trip to …… well, what do you think ….. maybe Kenya. He'd fit right in there with his brother who lives on $50.00 per year, an illegal aunt and uncle who should be there and a grandmother who swears Obama was born there.

Then, one by one, we'll have to package up the Emanuels, Pelosis, Reids, Schumers, Dodds, Franks, Rangles, Nadlers, Clintons and a whole bunch of other political traitors and send them to say ….. well how about an old, rusting liberty ship, towed out in the Pacific Ocean just above the Mariana Trench (it's 35,000 feet deep there), where they can argue amongst themselves over who is going to run the ship with a dead engine and a leaky hull. Remember how the old liberty ships used to break apart when they broached a big wave? Blub! Blub! No loss there.

Oh, and by the way. Only about 15% of the American people participated in the victory over King George III in the late 17 hundreds. And good ole "Hickory", (General Andrew Jackson) although outnumbered 5 to 1, annihilated the British again at New Orleans in circa 1812, with a bunch of irregulars and a little American guerilla warfare know-how. The British were stunned and then routed in one of their worst defeats in all of their empirical history. Too bad!

However, as usual, in both the 1776 and 1812 wars, the rest of the Americans stood by and watched, or were traitors and ratted on true Americans. So how is that any different than today? We've got all these dependent folk who live in big cities, voting for and hanging on every word that emanates from Obama's lying mouth and ratting on patriotic Americans who live by the principles of liberty. That hasn't changed. We've got the millions who are too cowardly to lift a finger to depose King Obama and his gang of thieves and liars. That's no different. We've got neighbor ratting on neighbor over alleged violations of draconian environmental regulations. Many shameless Americans have turned into a bunch of "tattle talers" in response to the millions of laws our government has passed. Does Hitler's Youth come to mind?

But on the other hand, what we do have is tens of millions of Americans who are getting fed up with the King and his trashing of our constitution, the lying, the irresponsible spending of our money and the increasing of his and the government's power. If we let him have his head, soon he will be King and America will be a fascist country under dictatorial rule. Now how is that any different from Hitler, Stalin or Mussolini? The net result is the same, enslavement ….. if we let him.

Folks, it isn't going to happen. Americans are a funny lot. They'll take the crap off of government for just so long and then, look out. Hell hath no fury than an American scorned and Americans are being scorned by the minute by their government, especially under the IRS and Obama Care, a grandiose wealth re-distribution scheme that has become the liberal's unintentional gift to Conservatives.

We have taken on tyrants before and we have beat them every time. So quit whining about how tough our job is and join in the effort to send these over-educated idiots to the scrap heap where they belong. Sure there is a cost, but remember, "The Price of Liberty is Eternal Vigilance". We just forgot that old adage for about a century. Now it is time to put the "cost" into practice and there is no doubt ….. we can do it.

The NSA, the IRS, Benghazi, Obama Care and the brainwashing of our kids, are all important issues to address. The "Duck Dynasty" controversy is trivia at best. In 2014 and beyond, let's focus on the real issues that deteriorate our freedom and avoid those issues that distract us.

Ladies and gentlemen, no man should hand his life over to another and if he does, he has given into the weakness that inhabits the lower recesses of all men that they must resist if they desire to remain free. With all our power of persuasion, we implore you to not hand over your life and this Country's future to the Devil's advocate that would willingly sell your freedom, individual rights and America's sovereignty down the river.

Look deep into your hearts for the life force that sustains you. That life force will be your salvation. That life force will lift you out of poverty, oppression and discrimination in the land of the free, that is, if we are allowed to remain free. If you bow to their will, government will just enslave you.

In the end, achievement transcends race, religion, creed, oppression, discrimination and yes, even poverty. Achievement and the desire to achieve, flourishes best under the flag of liberty.

We would like to conclude with a poem we wrote several years ago. We hope that it will help you visualize and seek out your own strength so that you will not so willingly hand it over to the false inspiration of the Devil's right hand man, masquerading as a counterfeit Messiah that has mesmerized the naive, unwashed masses of America, who seek salvation by another's hand, where only slavery exists. The poem is called:

THE LIFE FORCE WITHIN ME
© Copyright January 2001, Ron Ewart – All Rights Reserved

In all living things a life force resides.
The will to survive is paramount.
Living is a battle and you have to take sides,
For to do otherwise, the soul that is you will not count.

No matter what life has in store for me,
Each new obstacle shall harden my resolve.
Be it fortress or mountain or just a large tree,
The life force within me will never dissolve.

Should an event cripple me and leave me with one leg.
I shall hop forever if that’s what is demanded of me.
Should somehow I be left with no legs at all,
I will find the strength to slither or crawl.

If I finally end up with no legs or arms,
I will use my teeth to keep up the pace.
When my eyes will no longer show me the way
I will use my ears, or the nerves in my face.

For my destiny is not getting to some temporary place,
Where I cannot stay for but a moment or a smile.
For everyone knows it’s not getting there, it’s the race,
And it’s the life force within me that makes it worthwhile.

When nothing is left but a shallow breath,
And my heart beats with a dying sound.
My mind will look skyward as I wait for death
As the life force within me seeks higher ground.

And when finally the light has gone out of my soul.

I will allow the winds to carry me far.
Because the life force within me has me on a roll,
And I dare not let go on my way to a star.

As you read the poem you may have been thinking that the life force within us has a different name. If that is your bent, we defray to your wisdom.

Our pursuit of happiness and prosperity comes from what lies within inside each of us. In no way is it, or can it be, a free gift from government. For those who look to Obama or government as their savior, they give into their deepest weaknesses. Obama and unrestrained government will enslave you, not free you.

Because of our personal experiences, our next three articles will focus on the IRS with the following titles:

1- "Why Congress Will Never Repeal The IRS"
2- "Why Are Thousands of Producers Not Paying Taxes?"
3- "The Lawsuit That Will Dismantle The IRS"

Stay tuned …..

© 2014 Ron Ewart — All Rights Reserved


Ron Ewart, a nationally known author and speaker on freedom and property issues and author of his weekly column, "In Defense of Rural America", is the President of the National Association of Rural Landowners, (NARLO) a non-profit corporation headquartered in Washington State and dedicated to restoring, maintaining and defending property rights for urban and rural landowners. Mr. Ewart can be reached by e-mail for comment at ron@narlo.org, or by 'phone at 1 800 682-7848.

Website: www.narlo.org

E-Mail: ron@narlo.org

OLDDOGS COMMENTS

Ron,

Thank you for the best New Years gift I've ever had, AND THE DEVIL SAID TO OBAMA!

If by some freak accident you have read some of the articles I have re-posted on http://anationbeguiled.com and http://anationbeguiled.wordpress.com , you will already know what my opinion is of OBUMA.

I sincerely hope he will be remembered as the first person in history to be hated more than Hitler and Stalin. That he will live a long life of shame, self hatred, and devastating poverty.

For years now I have spent my morning hours looking for articles that will help our obtuse citizens understand the real danger we face as a society, and a Nation, and it has had a terrible effect on me to see so much apathy and acceptance of tyranny in our government.

Where is the spirit of freedom in the minds and hearts of our fellow Americans? Where is the pride of being non-dependent? Where is the outrage after realizing we were beguiled by our teachers and elected leaders? Why are there not fifty million Americans standing in front of the Capital building demanding their country back?

So, it's a real gift to see someone as hurt and outraged as I am by our noctambulous society.

May your words be branded on every Americans mind as I re-post them on both my sites this morning. Happy New Year!

OLDDOG

The Unspoken Truth on 9/11: “September 11, The New Pearl Harbor”

December 27th, 2013 by

http://www.globalresearch.ca/the-unspoken-truth-on-911-september-11-the-new-pearl-harbor/5354760

12-26-2013 11-11-16 PM

Introduction by Jefferson’s Voice

We have many heroes in our midst and some of the most tireless and courageous are those who have been very active in the 9/11 Truth movement for over ten years.  It is impossible to overstate the importance of recognizing the magnitude of damage done to the American republic from the 9/11 false flag attack.  It was the fulcrum event launching the global war on terror resulting in the deaths of thousands of US soldiers, disabling many more, killing millions of innocent civilians in the middle east and devastating the lives of tens of millions.  The effects at home have been nothing short of catastrophic as (1) a steady metastasis of an encroaching police state eviscerates our Constitution and civil liberties; (2) a black hole of military expenditures accelerates America's trajectory into fiscal insolvency; and (3) as an event that provided a smokescreen for large scale criminal activity to include financial and corporate crime. 

The 9/11 false flag could be said to be the second major coup, after JFK's assassination, to be foisted on a mostly unsuspecting American public ultimately intended to deprive us of our God given rights to freedom, dignity, and self determination, gifted to us by the greatest minds of the Enlightenment and the countless men and women who made the ultimate sacrifice for generations of Americans.  9/11 spawned a form of malignant cancer on our civilization that must be exposed now at this critical juncture in our collective history.

Thankfully, the 9/11 Truth movement is still working hard to educate the public and has written extensively and produced documentaries to that end.  The most recent 9/11 Truth film "September 11: The New Pearl Harbor" is a brilliant example, utilizing expert researchers who "knock it out of the ballpark" and thus shame disinformation propagandists as establishment buffoons.  While the subject matter is sobering, to say the least, never before have I relished an opportunity to cheer on the "good guys".  Please watch the documentary in full and then share this with everyone you know and in as many internet forums and networks as you possibly can so we can come together as one voice to defend our basic human rights. 

May God bless those fighting the good fight for Truth, Justice, and Freedom.

Jefferson's Voice

Go to this link and SAVE IT  then click on PLAY NOW

http://www.globalresearch.ca/the-unspoken-truth-on-911-september-11-the-new-pearl-harbor/5354760

Here are links from a different source if you have problems with the one above.

http://www.youtube.com/watch?v=tzxrsIGR9Lg

 
 
 
By David Ray Griffin

There have been several good films and videos about 9/11. But the new film by award-winning film-maker Massimo Mazzucco is in a class by itself.

For those of us who have been working on 9/11 for a long time, this is the film we have been waiting for.

Whereas there are excellent films treating the falsity of particular parts of the official account, such as the Twin Towers or WTC 7, Mazzucco has given us a comprehensive documentary treatment of 9/11, dealing with virtually all of the issues.

There have, of course, been films that treated the fictional official story as true. And there are films that use fictional stories to portray people’s struggles after starting to suspect the official story to be false.

But there is no fiction in Mazzucco’s film – except in the sense that it clearly and relentlessly exposes every part of the official account as fictional.

Because of his intent at completeness, Mazzucco has given us a 5-hour film. It is so fascinating and fast-paced that many will want to watch it in one sitting. But this is not necessary, as the film, which fills 3 DVDs, consists of 7 parts, each of which is divided into many short chapters.

These 7 parts treat Air Defence, The Hijackers, The Airplanes, The Pentagon, Flight 93, The Twin Towers, and Building 7. In each part, after presenting facts that contradict the official story, Mazzucco deals with the claims of the debunkers (meaning those who try to debunk the evidence provided by the 9/11 research community).

The Introduction, reflecting the film’s title, deals with 12 uncanny parallels between Pearl Harbor and September 11.

The film can educate people who know nothing about 9/11 (beyond the official story), those with a moderate amount of knowledge about the various problems with the official story, and even by experts. (I myself learned many things.)

Mazzucco points out that his film covers 12 years of public debate about 9/11. People who have been promoting 9/11 truth for many of these years will see that their labors have been well-rewarded: There is now a high-quality, carefully-documented film that dramatically shows the official story about 9/11 to be a fabrication through and through.

This is truly the film we have been waiting for.

Part I, II, and III

Availability: The film is freely available to the world at:

1. The film-maker’s own website, complete with detailed index:

http://www.luogocomune.net/site/modules/sections/index.php?op=viewarticle&artid=167

OLDDOGS COMMENTS

This series of films should be watched by every person in America, and I mean if you do not do everything in your power to watch it and then demand everyone you know watch it, then you are not worthy of calling yourself an American. We can no longer tolerate the people sitting on their hands while America burns to the ground.

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THE PERILS OF A PATHOCRACY

December 21st, 2013 by

By Michael Gaddy   montezumaconstitution@gmail.com

“I submit that the United States government is under the control of psychopaths; and the infestation is nearing completion; the point at which nothing can stop the oncoming violence.” ~Jack Mullen, 2011

If we are to truly understand the meaning of the above quote it is necessary I believe to differentiate between what is referred to as “primary psychopaths” and ‘secondary psychopaths.” A primary psychopath is a person who is genetically predisposed to the personality traits of a psychopath and this category appears to be more violent than the secondary psychopaths who are more a product of their environment.

In most instances, either psychopath appears to be outwardly “normal;” both primary and secondary psychopaths have no sense of ethics or the rights of others. If this does not describe to a “T” the current and former administrations of this country including bureaucrats, members of Congress and the Supreme Court, I don’t know what does. If they go into government service normal, they certainly become a product of their environment or they are ignored.

Need we say more than the admitted to police state that we now live under; the ever increasing war on Individual Rights as guaranteed by our Creator and defined in our Bill of Rights; the abnormal number of people incarcerated in our prison system; continued false flag events; immoral wars and torture waged on citizens of other countries; bank bailouts, vaccinations; GMOs;  the perversion of our education system to one of indoctrination, huge cases of mortgage fraud initiated by the very banks who were bailed out from their irresponsible lending practices using taxpayer dollars and the constant attacks on our right to protect ourselves and our families; just to name a few.

The government lied about the circumstances of the attack on Pearl Harbor; they lied about the Gulf of Tonkin incident; they lied about the Oklahoma City bombing; they lied about TWA 800; they lied about Ruby Ridge; they lied about Waco and they lied about 9/11. The very essence of government is fear and the lie. The very tools used most often by psychopaths.

It is relatively simple to understand why most Americans do not want to believe for a moment that our government is staffed by a group of psychopaths but the evidence is hard to refute.

What are the characteristics of a psychopath according to mental health professionals? Compare the ones listed below to what you see from day today in our elected officials; bureaucrats; federal, state and local, and law enforcement personnel.

1.      Uncaring or coldhearted.

2.    Lack of social emotions such as shame, guilt and embarrassment.

3.    Irresponsibility or the blaming of others.

4.    Superficial charm.

5.     Untruthfulness, insincerity or outright lying.

6.    Inflating the truth for selfish reasons.

7.     Overconfidence and boastfulness.

8.    A lack of realistic goals; Irritable and aggressive.


If you are still having problems believing we are governed by psychopaths and that once normal people are aligned with government they become “secondary psychopaths,” please consider the following:

Government supposedly operates with “consent of the governed” or in other words government in all its various forms is our employee. Consider for a moment what your reaction would be if one of your employees; attempted to have you put in prison on perjured testimony; sent your children to fight your neighbors based on lies; stole your property and your money; vaccinated your children with poison; attempted to poison your food supply; used your money to indoctrinate your children while claiming to educate them; tried to steal your home; stole your money and gave it to their bank; told you how much water you could put in your toilet and tried to take your guns—just to name a few?

How long would you allow an employee who did even one of the above mentioned acts of tyranny to remain in your employ? Would you have serious reservations about their mental state? For what reason would you continue to offer them employment?

A must read book on this subject is: Political Ponerology: A science on the nature of evil for political purposes, by Andrew M. Lobaczewski. Here are a few relevant quotes from his seminal work.

“In a pathocracy, all leadership positions must be filled by individuals with corresponding psychological deviations, which are inherited as a rule. However, such people constitute a very small percentage of the population and this makes them more valuable to the pathocrats.

Under such conditions, no area of social life can develop normally, whether in economics, culture, science, technology, administration, etc. Pathocracy progressively paralyzes everything. Normal people must develop a level of patience beyond the ken of anyone living in a normal man's system just in order to explain what to do and how to do it to some obtuse mediocrity of a psychological deviant who has been placed in charge of some project that he cannot even understand, much less manage. This special kind of pedagogy – instructing deviants while avoiding their wrath – requires a great deal of time and effort, but it would otherwise not be possible to maintain tolerable living conditions and necessary achievements in the economic area or intellectual life of a society. Even with such efforts, pathocracy progressively intrudes everywhere and dulls everything.

Therefore, to mitigate the threat to their power, the pathocrats must employ any and all methods of terror and exterminatory policies against individuals known for their patriotic feelings and military training; other, specific "indoctrination" activities such as those we have presented are also utilized. Individuals lacking the natural feeling of being linked to normal society become irreplaceable in either of these activities.

The phenomenon of pathocracy matures during this period: an extensive and active indoctrination system is built, with a suitably refurbished ideology constituting the vehicle or Trojan horse for the purpose of pathologizing the thought processes of individuals and society. The goal – forcing human minds to incorporate pathological experiential methods and thought-patterns, and consequently accepting such rule – is never openly admitted. This goal is conditioned by pathological egotism, and the possibility of accomplishing it strikes the pathocrats as not only indispensable, but feasible.” (Emphasis mine)

Sometimes the only way to understand what we already know but can’t explain is to read the words of others. I now understand why Zbigniew Brzezinski fought so hard to stop the publication of Mr. Lobaczewski’s book; Brzezinski being the “New World Order” person that he is. Never forget Brzezinski was responsible for providing 500 million of our taxpayer dollars to the Muslim Brotherhood back during the Carter administration. Brzezinski had no fear of "stirred-up Muslims" it seems.

If we as a country continue to allow psychopaths to control our government, we are destined to be found on the scrapheap of history but first will come the awful acts of genocide and democide that have been the trademark of psychopathic tyrants throughout recorded history as is fully documented in the book “Death by Government” by R. J. Rummel.

Again, the choice is ours: Liberty or slavery, genocide and democide?

Have you voted or supported a psychopath for public office lately? Perhaps you have voted for the lesser of two psychopaths?

In Liberty

mike

OLDDOGS COMMENTS

If, as Mr. Gaddy states, government operates only with the consent of the governed, let it be known that those ass holes in Washington

DO NOT HAVE MY CONSENT!

They are the most cowardly scum-bags alive and deserving of all things foul, painful, and disgusting.

Latest Atrocity in Syria Death Squads Bake Civilians in Ovens

December 17th, 2013 by

http://www.activistpost.com/2013/12/latest-atrocity-in-syria-death-squads.html#more

By Brandon Turbeville

On December 14, it was reported by Ziad Fadel of Syrian Perspective that death squads operating in Syria had once again committed a massacre against civilians, this time in a town known as Adra. Fadel claimed that Christians, Druze, and Alawites had been specifically targeted and that many had been killed by being burned alive in bakery ovens.

On December 16, RT confirmed Syrian Perspective’s reports both of the massacre by the death squads, as well as the gruesome methods used to kill some of the victims.

At this time, it is being reported that at least 80 civilians have been executed by death squad forces currently occupying Adraa, a town located northwest of Damascus. Like the Maaloula nuns, many other civilians have been kidnapped in order to be held for ransom or as human shields.

RT Arabic correspondent Abultaleb Albohaya, reporting on the ground in Syria, stated,

For now it’s established that over 80 people were killed in the areas now taken over by the army. Often whole families were murdered.

[…] 

Some families were kidnapped in order to be used as human shields in areas where the Syrian army is now trying to free the civilians. 

The military sources also said that the other kidnapped families were moved to the area south of Adra in the direction of the town of Douma, which has been the opposition’s strategic backland since the start of the Syrian crisis [in March, 2011]. It’s also where the most important rebel fortifications are situated.


A local resident told RT about the manner in which some of the victims were killed as well as the identity of the killers.

The situation was terrible – with killing, atrocities, and fear as the background. 

Unidentified armed men came into town, but it was obvious that they were Jabhat al-Nusra militants. 

The worst crime they committed was that they toasted people in ovens used to bake bread when those people came to buy it. They kidnapped and beat up many.

Syrian Perspective reports that entire families were rounded up and killed – many because of their religious affiliation (Christian, Alawite, Druze, etc.). Unconfirmed reports also suggest that death squads murdered the mayor of Adra along with his wife and children.

Although the number of dead stands at 80 at the time of the writing of this article, the number is expected to rise after the Syrian military retakes the town, which has a population of about 20,000. Al-Ahd, an Iraqi television news agency, is reporting that the number of civilians taken hostage and the potential for civilian casualties is the reason that the Syrian military has largely refrained from using artillery in the area. With the military assault on Adraa now taking place, however, one can only wait and see if the hesitation to use such munitions continues to hold out.

The death squads remain strong in Adra with snipers placed in high-rise buildings posing a major threat to government forces and civilians alike, as well as the fact that a variety of Jihadist groups have also been operating in the town. In addition to Jobhat al-Nusra, Jaysh al-Islam is also known to occupy have a sizeable force in Adra.

Still, the Syrian military seems poised to retake the town. Government forces have already pinned down a highway leading from Adra to the International airport in Damascus, the airport being located only 4 kilometers away from the capital. Al-Ahd reports that the government does not rule out the possibility that the death squads, who stormed into Adra in large numbers, could break the blockade and enter the town of Dahiyat al Assad.

Nevertheless, government forces have surrounded the entire town and are engaged in offensive operations to liberate Adra. Already, several smaller operations have taken place against the death squads, resulting in the death of dozens of jihadists. According to Syrian Perspective, the Syrian Ministry of Defense has confirmed that, out of the dead “rebels,” at least 22 of them were Saudi Arabian.

RT reports that SAA troops have entered Adra and are storming every house in an effort to cleanse the town of death squad forces. Government statements suggest that the SAA has already rescued dozens of Alawite, Druze, and Christian families from captivity.

Syrian Perspective claims that, as a result of the horrific atrocities committed by the death squads in Adra, the Syrian military has been given orders to “take no prisoners.” The SAA will, no doubt, be happy to comply with these orders considering that the desire for revenge for the Adra massacre and a host of other atrocities committed against the Syrian people are running high.

Indeed, the shocking act of violence perpetrated against the innocent people of Adra is but one in the long list of atrocities committed by foreign-backed death squads in Syria.

Unfortunately, as long as Western money continues to flow into the coffers of the jihadists, it will not likely be the last.

Recently from Brandon Turbeville:

Brandon Turbeville is an author out of Florence, South Carolina. He has a Bachelor's Degree from Francis Marion University and is the author of six books, Codex Alimentarius — The End of Health Freedom7 Real ConspiraciesFive Sense Solutions and Dispatches From a Dissident, volume 1 and volume 2, and The Road to Damascus: The Anglo-American Assault on Syria. Turbeville has published over 275 articles dealing on a wide variety of subjects including health, economics, government corruption, and civil liberties. Brandon Turbeville's podcast Truth on The Tracks can be found every Monday night 9 pm EST at UCYTV.  He is available for radio and TV interviews. Please contact activistpost (at) gmail.com. 

Reader comments:

Jonny Said

Must be really big ovens or really small people, or were they chopped up first before being baked in the ovens? 

Why would anyone be reporting such claims as if they are facts when there is no evidence whatsoever provided to support it except for SAA affiliated sources and RT quoting same SAA sources as "confirmation"? 

That these forces could commit such a general massacre is indisputable based on 'historic precedent' and thus highly likely true in this case but claims of people being crammed into baking ovens and baked to death is comically recycled atrocity propaganda from WWI and WWII days.

Next SAA will uncover a corpse factory processing murdered civilian children into soap, grease, clothing for the winter, fuel, weapons, etc. or maybe the Jihadi's will uncover a 'torture chamber' where the SAA used pedal powered brain-bashing machines to murder good Sunni peoples. 

I know the longer these conflicts go on the crazier the atrocity propaganda becomes as all sides get bloodier and bloodier and need to paint their enemy as "pure evil" in order to maintain their own "righteous" PR image but you would think an activist who is supposed to be a "skeptic" would wait for some kind of non-SAA connected/reported source for "confirmation".

Especially when this whole conflict started with "opposition forces" committing atrocities and then blaming them on the Syrian forces and usually involving comically "evil" bullshit stories of the claimed crimes.

Calling RT's quoting of SAA sources "confirmation" is deceptive.

Peace,
Jonny

Jefferson’s Voice said

Jonny is right, sounds like we are being played by the Russian-arm of globalism in yet another move on the n-dimensional chessboard. 

Clearly, TPTB are trying to create a new or exaggerated atmosphere of contrived tension in the middle east attempting to prop up fear-based control methods back home and a redirection of blame for a devalued dollar. 

MSM and gatekeeper reporting on Saudi Arabia is the most bizarre it has ever been. With a characterization of KSA as having gone rogue, frank admissions they are the major sponsor of middle east terrorism, are signaling to move away from the dollar, are attempting to access Pakistan's nukes, and have formed an "axis of evil" with Israel. Yet, the US recently sold them thousands of anti-tank missiles. In sharp contrast, another kind of reporting of KSA has been informing westerners that the Saudis are finally liberalizing their society, embracing western style television and beginning the process of institutionalizing women's rights. Also, it was just reported that moves were being made to form a Gulf states union – no doubt on script towards the formation of a central bankster controlled regional government, a.k.a, the New (or Greater) Middle East project.

The speed at which this massive operation is unfolding is stunning. The Saudis deported a million immigrants in just a few months and are on track to deport another million, in country with a population of only 30 million.

This is all tied to economic shock and awe at home with powerfully connected international bankster cronies like Trilateralist Larry Summers calling for the end of cash, adoption of a digital currency, and negative interest rates on savers. On the heels of Summers' proposal, a Fed Res Board governor called for capital controls.

Meanwhile, the MSM and gatekeepers conjure up faux military threats from globalist satellites Russia and China. [For example, recent articles warning of international “drone wars” when the drones are clearly intended to attack innocent civilian patriots, not for nation state wars]. If these nations are a "threat", then why are Russian troops training with the U.S. military? It's fake international tension with the goals of continued support for the military industrial complex, driving home the concept of a global military, distraction, and misdirection.

We have to step back and try to perceive the larger agenda in play. It's a deliberate fog of confusion.

BTW, it's funny, I always suspected RT was working as a globalist gatekeeper owing to the fact that the establishment never tried to vilify it, then I noticed one of my local PBS stations was broadcasting RT news and then the slam dunk moment and sinking feeling set in. No real surprise though.

10 13 11 flagbar

A Government Separated from the People Cannot Stand

December 16th, 2013 by

http://www.americanthinker.com/2013/12/a_government_separated

_from_the_people_cannot_stand.html

AMERICAN

THINKER

By Lawrence Sellin

In his 1952 book The Origins of Totalitarian Democracy, Israeli historian J. L. Talmon described a political system in which lawfully elected representatives rule a nation state whose citizens, although granted the right to vote, have little or no participation in the decision-making process of government.

The federal government has become such a system, an entity unto itself operating outside of Constitutional constraints and unaccountable to the American people.

The United States is now controlled by a Democratic and Republican ruling class that transcends government and sees itself as distinct from the rest of society and as the only element that may act on its behalf. The ruling class considers those who resist it as having no moral or intellectual right, and, only reluctantly, any civil right to do so.

Power rests, not with the citizens, but with a relatively small group of politicians and financiers, who enhance their personal wealth and privilege by looting the country through a self-serving legislative process. They maintain their authority by adjusting the levers of government and using the establishment media to manipulate public perception and opinion.

Barack Obama, a coffeehouse communist, leads a dishonest and lawless cabal of far-left ideologues, whose goal is to promote socialist policies that can only be implemented at the expense of personal liberty.

Republican leaders neither contest that view nor oppose their Democrat counterparts because they do not want to challenge the ruling class, they want to join it. The GOP leadership has gradually solidified its choice to no longer represent what had been its constituency, but to adopt the identity of junior partners in the ruling class.

There is now a sharp division between the bipartisan ruling class and the rest of the American populace, who are considered retrograde, racist, and dysfunctional unless properly controlled by the dictates of central authority.

When blatant and outrageous lies are no longer sufficient to soothe the electorate into complacency, such a government must begin to curtail freedom and oppress the people in order to remain in power.

The present political environment, that is, the separation between the rulers and the ruled, bears comparison to the events leading up to the American Revolution.

On January 10, 1776, nearly six months before the Declaration of Independence, Thomas Paine published the forty-eight page pamphlet Common Sense, which openly presented arguments supporting the freedom of the American colonies from oppressive British rule.

According to Paine, a society arises because individuals living alone in nature find shared benefit by living together rather than remaining isolated. In an ideal society, where each individual acts in a morally just fashion toward every other individual in the society, there is no need for laws and government. Only when moral virtue is inadequate to restrain human evil, do laws become necessary; and only when a society becomes too large to operate by collective agreement and as individual enforcers of those laws do governments become necessary.

In such circumstances, the balance between society and government will determine the balance between individual liberty and functionality of the society. In complex societies, in the absence of laws and government, chaos will prevail. When laws become too numerous and government too large, individual liberty suffers.

The efficiency and effectiveness of government are directly dependent upon the trustworthiness of government officials as representatives and executors of the views and desires of the people.

In other words, whenever the interests of government officials divert from or are in conflict with those of the people, tyranny ensues.

The attributes that best describe how America is now governed are executive overreach, legislative complicity, judicial partisanship, and journalistic acquiescence.

The erosion of the Constitution and the theft of our Constitutional rights have been occurring incrementally and quietly over a long period of time. With the election of Barack Obama in 2008, those efforts have accelerated.

In contrast to what Thomas Paine wrote in The Rights of Man (1791), the Obama "utopian" model sees individual rights as privileges, not endowed by God, but granted via political charter, and, thereby, legally revocable to ensure the "good order" of society. It is a collectivist philosophy that directly conflicts with the principles outlined in the Constitution, where government is a construct of and accountable to its citizens, as Paine noted:

"The fact, therefore, must be that the individuals, themselves, each, in his own personal and sovereign right, entered into a contract with each other to produce a government: and this is the only mode in which governments have a right to arise, and the only principle on which they have a right to exist."

The Obama nightmare could be ended at any time simply by telling the truth.

To do so, however, would expose the rampant corruption of our political and media elite, reveal their complicity in Obama's violations of Constitution, uncover their willful ignorance of his alleged felonies and confirm their participation in the greatest election fraud and Constitutional crisis in American history.

Both the Democrat and Republican parties know that exposing Obama would reveal their dereliction of duty, their complicity in undermining the Constitution, and their continuous flouting of the rule of law. They know that the truth would topple the corrupt status quo and terminate their exclusive grip on political power, allowing the American people to regain control of their government. The political and media elite will do anything to prevent that.

The status quo is no longer defensible. Unless there is a significant reversal soon, it is only a matter of time that a catastrophe will be upon us, which may well lead to national collapse and fragmentation.

The ruling elites of a now hopelessly corrupt political system are just one major blunder away from revolution.

Lawrence Sellin, Ph.D. is a retired colonel with 29 years of service in the US Army Reserve and a veteran of Afghanistan and Iraq. Colonel Sellin is the author of Restoring the Republic: Arguments for a Second American Revolution. He receives email at lawrence.sellin@gmail.com.

Restoring the Republic: Arguments for a Second American Revolution

Kindle Price:$2.99

http://www.amazon.com/dp/B00DTSX3JU

There is a Cold Civil War underway in the United States to determine who should control the federal government. It is not a contest between the Democrat and Republican ideologies, but a battle between the entrenched power of the bipartisan political establishment versus the rights and liberties of the American people. The Cold Civil War is a conflict between those who want to adhere to the Constitution and the rule of law and the party leaders, who wish to continue the practices of political expediency and crony capitalism. The US no longer has representative government. Members of Congress seek election, not to uphold the Constitution and serve the American people, but to obtain power, and to use that power to accrue professional and financial benefits for themselves and their major supporters. All the traditional means for the American people to seek the redress of grievances have now been blocked by a self-absorbed permanent political elite unaccountable to the American people. The ruling elites of a now hopelessly corrupt political system are just one major blunder away from revolution. When blatant and outrageous lies are no longer sufficient to soothe the electorate into complacency, such a government must begin to curtail liberty and oppress the people in order to remain in power. Ordinary Americans must band together and take a stand to restore the Constitution and the rule of law, to establish political and fiscal sanity and to return the government to the people. Otherwise, our republic may be lost forever.

10 13 11 flagbar

Rigging Foreign Exchange Markets

December 15th, 2013 by

http://www.freedomsphoenix.com/Article/146979-2013-12-15-rigging-foreign-exchange-markets.htm?From=News

12-15-2013 11-50-02 AM

By Stephen Lendman

It's the world's largest financial market. It trades around $5 trillion daily. It's more than all global equity markets combined. It operates round-the-clock. It's manipulated for profit. More on that below.

Grand theft reflects official Wall Street policy. It's longstanding. High crimes go unpunished. Bankers make money the old-fashioned way. They steal it. They do it lots of clever ways.

They do it through fraud, grand theft, market manipulation, front-running, misrepresentation, scamming investors, naked short selling, precious metals price suppression, controlling Washington, getting open-ended low or no interest rate bailouts when needed, and assuring world financial capitals are banker occupied territories.

They do it artfully. Few people know what's going on. Scandals rarely surface. Budding ones are usually buried. Little more than dust gets kicked up. Headlines disappear in short order.

In June 2012, JPMorgan Chase CEO Jamie Dimon testified before the Senate Banking Committee. He discussed his firm's trading losses at the time.

It was more of a homecoming than grilling. Washington is Wall Street occupied territory. Regulators don't regulate. Oversight is absent.

Investigations rarely happen. Initiated ones are whitewashed. Criminal fraud is institutionalized. It's encouraged, not curbed.

Congress, the administration, SEC, and credit rating agencies incestuously collude with giant banks and other major financial institutions. Whatever they want, they get.   

Wall Street never had it so good. Senators didn't lay a glove on Dimon. His grand theft business model wasn't discussed.

Former bank regulator/financial fraud expert Bill Black's book titled "The Best Way to Rob A Bank Is To Own One" explains well.

He coined the term "control fraud." It lets corporate officials commit grand theft. Finance capital never had it so good. Trillions of dollars are stolen. Nothing intervenes to stop it.

MF Global (MFG) looted customer accounts. Former Goldman Sachs chairman/CEO Jon Corzine ran operations.

MFG faced a run on its holdings. In October 2011, it filed for Chapter 11 bankruptcy protection.

Months before doing so, it moved hundreds of millions of dollars in customer money from its US brokerage unit to Bank of New York Mellon Corp.

It looted them. It used client money to speculate, pay down debt and cover losses. It committed grand theft. It's longstanding Wall Street practice.

Why not when rare punishments at most are wrist slaps. Top Wall Street officials aren't punished. They free to steal again.

Markets are rigged. Movements up or down aren't random. The 
Wall Street controlled Fed and high-level insiders manipulate them for profits.

Washington facilitates their lawlessness. It does it with business friendly legislation. It does it with similar executive orders. It does it by turning a blind eye to the worst of what goes on.

Market rigging is longstanding practice. It's part of the system. On March 18, 1989, Ronald Reagan's Executive Order 12631 created the Working Group on Financial Markets (WGFM).

It's commonly called the Plunge Protection Team (PPT). Officials involved (or their designees) include:

• the President;

• the Treasury Secretary as chairman;

• the Fed chairman;

• the SEC chairman; and

• the Commodity Futures Trading Commission chairman.

PPT's "Purposes and Functions. Recognizing the goals of enhancing the integrity, efficiency, orderliness, and competitiveness of our Nation's financial markets."

"(T)he Working Group shall identify and consider:

(1) the major issues raised by the numerous studies on the events (pertaining to the) October 19, 1987 (market crash and consider) recommendations that have the potential to achieve the goals noted above; and

(2)….governmental (and other) actions under existing laws and regulations….that are appropriate to carry out these recommendations."

Government and Wall Street collude. They manipulate markets doing so. They move them up and down. Enormous profits are made both ways. Most people don't know what goes on.

Wall Street/Washington invisible hands work better than Adam Smith imagined. They do it in dirty ways unknown in his day.

Mythology holds that prices move up or down randomly. Market forces do so, it's claimed. Manipulation isn't mentioned.

It's commonplace. It's longstanding. Tools are much more sophisticated than earlier. Computer technology facilitates blatantly illegal practices.

The 1934 Gold Reserve Act created the Treasury's Exchange Stabilization Fund (ESF).

Section 7 of the 1944 Bretton Woods Agreements made its operations permanent.

The Treasury runs the Fund. Congressional oversight is bypassed. Manipulation keeps sharp dollar fluctuations up or down from disrupting financial markets.  

Treasury operations include stabilizing foreign currencies, extending credit lines to foreign governments, and guaranteeing money market funds against losses up to tens of billions of dollars.

In 1995, Clinton provided Mexico a $20 billion peso credit stabilization line. It did so in time of crisis.

Earlier administrations extended loans or credit lines to various other countries. Current US lending to the IMF tops $35 billion.

Years earlier it was $57 billion. In 2009, Congress expanded contributions by $108 billion. The Treasury's web site states:

"By law, the Secretary has considerable discretion in the use of ESF resources."

"The legal basis of the ESF is the Gold Reserve Act of 1934."

"As amended in the late 1970s….the Secretary (per) approval of the President, may deal in gold, foreign exchange, and other instruments of credit and securities."

In other words, the Treasury maintains a slush fund. It uses it for whatever purposes it wishes. It manipulates markets. It operates secretly.

In 1999, the Counterparty Risk Management Policy Group (CRMPG) was established. It followed the Long Term Capital Management (LTCM) crisis.

CRMPG manipulates markets beneficially for Wall Street giants. It lets them collude through large-scale program trading. Doing so manipulates markets up and down advantageously.

Troubled giants get bailed out. Ordinary people get sold out. The process repeats as needed. A secret FDIC plan involves looting bank accounts.

Depositor theft may follow. Doing so is called bail-ins. It's code language for grand theft.

Ordinary people and richer ones have trillions in bank accounts. It's low-hanging fruit. It's a treasure trove begging to be looted. Legislative shenanigans may legitimize it.

Cypriot officials did it. Canada approved it. So did Eurozone member states and New Zealand. It's theft by other means.

Leading US banks warned about charging depositors. They may do so if the Fed cuts interest it pays them on bank reserves.

Imagine being charged for checking, savings and/or money market accounts. Depositors already earn virtually nothing on them. Penalizing them further may follow.

Libor markets are rigged. It's an acronym for London Interbank Offered Rate. It's a fundamental rate-setting benchmark. It's set daily between UK banks for overnight to 12 month durations.

It's produced for ten currencies with 15 maturities. It represents the London market's lowest cost of unsecured funding. It's the primary global short-term rate benchmark.

In the 1980s, it began expanding exponentially in importance. London's status grew as an international financial center. It's the world's largest.

It handles over 20% of all international bank lending. More than 30% of foreign exchange transactions go through London.

Demand grew for an accurate measure of the real rate at which banks and other financial institutions could borrow from each other.

It affects the price and availability of capital. The higher Libor goes, the greater the borrowing cost for business, individuals, real estate and other loans.

When things work right, operations are hardly noticed. When trouble occurs, all hell breaks loose.

Libor rigging affects countless trillions of dollars. Amounts involved exceed global GDP multiple times over.

Predatory banks manipulate things advantageously. Practices are too corrupted to fix. The longer they go unaddressed, the more harm done.

Financial giants, central bankers and complicit politicians bear full responsibility. Dirty policies persist out-of-control.

Libor rigging is one of many manipulative market practices. Systemic corruption breeds more of the same. An illusion of stability  conceals business as usual.

Gold and other precious metals markets are rigged. Naked short selling offsets rising bullion demand. Prices are driven lower.

Naked shorts reflect what sellers don't have. It's illegal. It persists anyway. Bullion prices would be much higher otherwise. Eventually they'll rise to their true value. When remains to be seen.

QE reflects Fed market rigging. Treasuries and mortgage-backed securities are bought. Too-big-to-fail banks hold enormous amounts of junk. Fed buying substitutes dollars for toxic assets.

Banks get lots of cash to speculate. Markets are manipulated up in response. It's artificial. It's not real. It can't last. It continues until bubbles eventually pop.

Foreign exchange markets are rigged. On October 12, The Economist headlined "The FX is in," saying:

It's "been a dreadful couple of years for financial benchmarks." Banks rig libor. "Commodities prices from crude oil to platinum have been the subject of allegations and inquiries."

Authorities now scrutinize global foreign exchange (FX) markets. Trillions of dollars are involved daily. "(S)uspect banks have tampered with those, too."

On October 4, Reuters headlined "Switzerland probes banks over possible forex rigging." FINMA said it's "currently (investigating) several Swiss financial institutions in connection with possible manipulation of foreign exchange markets."

It's coordinating with regulators in other countries. "(M)ultiple banks around the world are potentially implicated."

UBS is Switzerland's largest bank. It was fined $2.7 billion for market rigging. Credit Suisse may be involved. So are major Wall Street banks.

Bloomberg said major ones use advance customer order knowledge to push through trades manipulatively.

They colluded with other banks doing so. FX markets are poorly regulated. Most trading takes place away from exchanges. It's a shadowy anything goes realm.

Price rigging is standard practice. Hundreds of banks trade currencies. Four dominate the market: Deutsche Bank, Citigroup, Barclays and UBS.

Concerns center around what's known as the "London Fix." It's a daily snapshot of currency prices.

Enormous shifts happen during a 60-second window before 4PM London time. It's when markets are especially liquid.

Banks set a certain rate for trades of one currency against another. Shortly afterwards, prices revert to normal rates.

Forex traders call the practice banging the close. It reflects blatant market manipulation. Betting the right way yields huge profits in seconds.

A fraction of a cent is all it takes. Trading involves a measure called a "pip." It represents one basis point or 1/100th of 1%.

Multiple trades near the London Fix can yield enormous profits. Repeating the process many times daily multiplies it hugely. A few pips in the right direction is all it takes.

The so-called WM/Reuters (WMR) rate works as follows. It's when "more than 40% of daily global FX trading is done. It's the nearest thing to a closing price in a 24-hour, self-regulated market."

Unwary traders are fleeced big time. Banks know big trades they'll execute on behalf of others.

Moving forex prices ahead of the fix yields big profits. Major banks do it at the expense of unsuspecting clients.

According to New York University's Stern School of Business Professor Marti Subrahmanyan:

"There's no policeman. These things have sort of fallen through the cracks. Foreign exchange is really nobody's kind of baby."

Major forex traders collude in electronic messaging groups. They're called "the bandits club" and "the cartel."

They profit at the expense of clients. They do so by manipulating markets up or down. Regulators do virtually nothing to stop it.

Investigations come and go. Minor penalties at most are imposed. It's part of the system. It shifts enormous wealth to major players.

Forex trading is a buyer's beware market. Traders call it the wild west. Volatility is valued. Sharp rice movements create profit opportunities. Stability minimizes them.

Manipulation is part of the system. Forex trading shenanigans reflect grand theft. Who said crime doesn't pay?

 

Stephen Lendman lives in Chicago. He can be reached at lendmanstephen@sbcglobal.net.

His new book is titled "Banker Occupation: Waging Financial War on Humanity."

http://www.claritypress.com/LendmanII.html

Visit his blog site at sjlendman.blogspot.com.

Listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network.

It airs Fridays at 10AM US Central time and Saturdays and Sundays at noon. All programs are archived for easy listening.

http://www.progressiveradionetwork.com/the-progressive-news-hour

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Trust is Gone by Dennis Prager

December 14th, 2013 by

http://www.nationalreview.com/article/362419/president-who-has-done-most-damage-dennis-prager

By Dennis Prager

All of these are not only impeachable offenses, but incarceration indictments as well. Until every so-called anti-Obama

organization come together as one to remove this man……America is doomed to repeat the history of every other nation which

has allowed this to take place. Requests for more money, more petitions to be signed, will not be effective until a national

concerted effort to remove the politicians who support this traitor and his regime takes place.

  Those of us who are being hurt the most by the illegal, executive orders, have no funds left to aid in ineffective rhetoric and

impotent actions.

  Members of the Congress could call for a national movement and support for this action…..bypassing the corrupt Holder and his

courts of no justice. .

Facts are facts. 

12-14-2013 11-22-08 AM

By Dennis Prager

I have been broadcasting for 31 years and writing for longer than that. I do not recall ever saying on radio or in print that a president is doing lasting damage to our country. I did not like the presidencies of Jimmy Carter (the last Democrat I voted for) or Bill Clinton. Nor did I care for the “compassionate conservatism” of George W. Bush. In modern political parlance “compassionate” is a euphemism for ever-expanding government.

But I have never written or broadcast that our country was being seriously damaged by a president. So it is with great sadness that I write that President Barack Obama has done and continues to do major damage to America. The only question is whether this can ever be undone.

This is equally true domestically and internationally.

Domestically, his policies have had a grave impact on the American economy.

He has overseen the weakest recovery from a recession in modern American history.

He has mired the country in unprecedented levels of debt: about $6.5 trillion — that is 6,500 billion — in five years (this after calling his predecessor “unpatriotic” for adding nearly $5 trillion in eight years).

He has fashioned a country in which more Americans now receive government aid — means-tested, let alone non-means-tested — than work full-time.

He has no method of paying for this debt other than printing more money — thereby surreptitiously taxing everyone through inflation, including the poor he claims to be helping, and cheapening the dollar to the point that some countries are talking about another reserve currency — and saddling the next generations with enormous debts.

With his 2,500-page Affordable Care Act he has made it impossible for hundreds of thousands, soon millions, of Americans to keep their individual or employer-sponsored group health insurance; he has stymied American medical innovation with an utterly destructive tax on medical devices; and he has caused hundreds of thousands of workers to lose full-time jobs because of the health-care costs imposed by Obamacare on employers.

His Internal Revenue Service used its unparalleled power to stymie political dissent. No one has been held accountable.

His ambassador to Libya and three other Americans were murdered by terrorists in Benghazi, Libya. No one has been blamed. The only blame the Obama administration has leveled was on a videomaker in California who had nothing to do with the assault.

In this president’s White House the buck stops nowhere.

Among presidents in modern American history, he has also been a uniquely divisive force. It began with his forcing Obamacare through Congress — the only major legislation in American history to be passed with no votes from the opposition party.

Though he has had a unique opportunity to do so, he has not only not helped heal racial tensions, he has exacerbated them. His intrusions into the Trayvon Martin affair (“If I had a son, he’d look like Trayvon”) and into the confrontation between a white police officer and a black Harvard professor (the police “acted stupidly”) were unwarranted, irresponsible, demagogic, and, most of all, divisive.

He should have been reassuring black Americans that America is in fact the least racist country in the world — something he should know as well as anybody, having been raised only by whites and being the first (halfbreed) black elected the leader of a white-majority nation.

Instead, he echoed the inflammatory speech of professional race-baiters such as Al Sharpton and Jesse Jackson.

He has also divided the country by economic class, using classic Marxist language against “the rich” and “corporate profits.”

Regarding America in the world, he has been, if possible, even more damaging. The United States is at its weakest, has fewer allies, and has less military and diplomatic influence than at any time since before World War II.

One wonders if there is a remaining ally nation that trusts him. And worse, no American enemy fears him. If you are a free movement (the democratic Iranian and Syrian oppositions) or a free country (Israel), you have little or no reason to believe that you have a steadfast ally in the United States.

Even non-democratic allies no longer trust America. Barack Obama has alienated our most important and longest standing Arab allies, Egypt and Saudi Arabia. Both the anti–Muslim Brotherhood and the anti-Iran Arab states have lost respect for him.

And his complete withdrawal of American troops from Iraq has left that country with weekly bloodbaths.

Virtually nothing Barack Obama has done has left America or the world better since he became president. Nearly everything he has touched has been made worse.

He did, however, promise before the 2008 election that “We are five days away from fundamentally transforming the United States of America.”

That is the one promise he has kept.

What does it take for the American people to WAKE UP? 

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Why Is Homeland Security Taking Control of Local Police?

December 10th, 2013 by

http://www.pakalertpress.com/

By Joe Wolverton, II, J.D.

A key plank of the Obama administration platform seems to be the conversion of the local police into a fifth branch of the U.S. armed forces.

The means of accomplishing this goal is the doling out of millions of dollars from theDepartment of Homeland Security (DHS) to police departments and sheriffs’ offices around the country.

Cash-strapped local law enforcement gobbles up the federal “grants,” purchasing military-grade vehicles, weapons, ammunition, and surveillance technology that would make the National Security Agency (NSA) proud.

For a list of the largesse and an inventory of the incredible equipment it finances, we rely on local media reports.

12-10-2013 10-30-17 AM

The Journal News from Albany, New York reports:

To help local emergency preparedness capability, local governments and police departments across the state have received $80 million in grants, Gov. Andrew Cuomo announced today.

The grants help support and expand local government and police departments’ ability to respond and react to emergencies. The majority of funding is distributed through the $75 million annual state Division of Homeland Security and Emergency Services Statewide Interoperable Communications Grant, Gannett’s Ashley Hupfl reports.

According to the story, the DHS money will go to fund “Technical Rescue and Urban Search and Rescue, Bomb Squad Initiative, the Explosive Detection Canine Team Grant Program, and the Critical Infrastructure Grant Program.”

In San Juan, Texas, DHS money is buying the police department an intelligence-gathering robot. Local newspaper, The Monitor, reports:

The San Juan Police Department has added a robot named Raven to its crime fighting arsenal.

Raven was purchased in early November at a cost of $27,000, paid for with a grant from the Department of Homeland Security, said San Juan police Chief Juan Gonzalez.

“Raven is a great asset to our department,” Gonzalez said, referring to the black, shin-high, tank-like robot designed to enter hard-to-reach places. “He is equipped with a set of cameras, infrared cameras and audio equipment that gives us eyes and ears in difficult situations such as a hostage situation.”

While Raven has already been used to gather intelligence in a drug raid last month, San Juan police got a chance to fully interact with the robot in the days before Thanksgivingwhen the department ran a series of exercises to test the capabilities of Raven and of the Law Enforcement Emergency Regional Response Team, or LEERRT — the regional SWAT team based in San Juan.

The San Juan Police Department’s website looks more like an advertisement for an elite military unit rather than for the cops froma town of less than 36,000.

Apart from armored personnel vehicles and war-worthy weapons, perhaps the most popular item purchased with DHS grant money is facial recognition software.

San Diego State University’s Police Department is the proud new owner of this powerful surveillance technology. The school’s newspaper The Daily Aztec reports:

Facial recognition technology, previously limited to soldiers in Afghanistan and FBI agents, is now being used by civilian law enforcement agencies throughout San Diego County. According to documents acquired by the Electronic Frontier Foundation, a nonprofit focused on digital and privacy rights, the San Diego State Police Department is one of the agencies using this new technology. SDSUPD currently only has one officer in the program. However, he is the most active officer in the county, with more than 200 photos analyzed from January to October of this year.

The program to bring facial recognition technology to San Diego law enforcement is called TACIDS—short for Tactical Identification System. It’s a pilot program from the San Diego Association of Governments developed and purchased using grants from the federal government’s National Institute of Justice and theDepartment of Homeland Security, according to The Center for Investigative Reporting.

TACIDS works through Samsung tablets and Android smartphones that were distributed to specific officers (SDSUPD uses a tablet). Most of the 25 participating agencies were given one or two devices, although the sheriff’s department received the most with 64, while the San Diego and National City policedepartments received 27 and 26 respectively.

Notice that the story practically brags about the fact that a college police department is going to have gear more appropriate in the battlefield than on campus.

Maybe the author of the piece in The Daily Aztec is saying more than he meant to.

Is there a chance that the Department of Homeland Security is funneling all this money and materiel to local police to prepare them to quell popular uprisings? One expert thinks that may be the case.

12-10-2013 10-30-52 AM

Jim Fitzgerald worked for eight years as a vice and narcotics squad detective in Newark, New Jersey, before joining the staff of The John Birch Society. He is point man for the conservative organization’s “Support Your Local Police” initiative.

In an interview with The New American, Fitzgerald said there is “virtually no use” for the military-grade equipment being bought by local law enforcement with DHS grant money.

“The only reason to have this equipment is to use it,” Fitzgerald said, and it is likely it would be used against local citizens who have risen up and created some sort of civil disorder.

DHS, Fitzgerald believes, may be anticipating these riots and looks to them as a justification for the militarization of the police.

“They [DHS grants] are not good, not healthy, and not constitutional,” Fitzgerald adds.

The question that remains is how long citizens will accept the arming of their local police until they rise up in resistance and, as DHS probably has orchestrated, are targets of all the tactical weaponry, ammunition, and monitoring technology.

From license plate readers to facial recognition software, from surveillance cameras to cellphone signal trackers, the Department of Homeland Security is providing police with all the gadgets, hardware, and software necessary to keep everybody under surveillance, without the targeted public ever realizing that it’s the Capitol, not the cops, that are behind the monitoring.

Local police who participate in the program will have access to a shockingly broad array of personal information of citizens. Facial recognition technology, license platereaders, and stop light camera video feeds will all be funneled to a Regional Operations Intelligence Center where FBI, police, and DHS agents can watch the live feeds.

In fairness, most police chiefs and sheriffs are unaware of any larger, more sinister DHS program to foment riot as a pretext for quelling it.

But whether these lawmen realize it or not, when they accept federal gadgets and grants, they are surrendering their independence and their citizens’ civil liberties.

Perhaps the most important argument against the federalization of local police departments is that there is not a single syllable of the Constitution authorizing any such federal participation in law enforcement. If the power isn’t granted to the federal government in the Constitution, then authority over that area remains with the states and the people as described in the Tenth Amendment.

Self-serving bureaucrats inside the U.S. government are tirelessly trying to obliterate local police forces answerable to local citizens and promote the consolidation movement as a step toward federalization of law enforcement. These proponents of regional and national police forces desire nothing less than the eradication of all local police departments and sheriffs’ offices, the surrender of state and municipal sovereignty, and the conversion of police into federal security agents sworn not to protect and to serve their neighbors, but to protect the prerogatives of politicians.

Joe A. Wolverton, II, J.D. is a correspondent for The New American and travels frequently nationwide speaking on topics of nullification, the NDAA, and the surveillance state.  He is the host of The New American Review radio show that is simulcast on YouTube every Monday. Follow him on Twitter @TNAJoeWolverton and he can be reached at jwolverton@thenewamerican.com

Peter Schiff: Follow the Chinese and Buy Gold The Eastern Lust for Gold

December 4th, 2013 by

http://www.economicpolicyjournal.com/2013/12/peter-schiff-follow-chinese-and-buy

gold.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+

economicpolicyjournal%2FKpwH+%28EconomicPolicyJournal.com%29
 

By Peter Schiff

Having replaced savings with debt on both the national and individual levels, I think it's well past time for Westerners to take a few lessons from our creditors in the East. Many Americans consider gold a "barbarous relic," but in Asia, the yellow metal remains the bedrock of individual savings plans. This means that either greater than half of the world's population are barbarians, or they've held onto an important tradition that our culture has forgotten.

A Culture of Gold

One of the most important elements of Eastern gold demand is that it is not limited to educated investors or the higher classes, as often seems to be the case in the West. Throughout Asia, no matter one's social status, precious metals are the first assets people choose to protect their wealth. There is not even a glimmer of doubt about the enduring value of hard money.

A recent Bloomberg article quotes a Chinese woman, "I don't know anything about the stock market and I don't have enough money to buy property, so I figured gold is the safest choice."

Some might write off this philosophy as naïve, but her logic is founded in centuries of tradition, borne of hard-won experience. The same goes in India and across South Asia, where gold is an essential part of local religious customs. From wedding dowries to temple offerings, gold carries a caché in Asia that most Westerners can't fathom.

Consider the US as a comparison. Here, newlyweds are more likely to receive a house full of fancy appliances than any assets that might form the foundation of long-term financial independence.

After a couple of generations of US-dollar dominance, Americans have become lazy with our wealth. While we exploit our economic power by going into debt for fancy cars, big-screen TVs, and expensive smart phones, our creditors are steadily stockpiling gold.

A River of Gold from West to East

Asia's love affair with gold became worldwide news when the price of the yellow metal dropped last April. Asian consumers saw the price drop as a fortunate buying opportunity, and metals dealers were swamped with orders for both bullion and jewelry. Premiums skyrocketed across the continent, but this did not slow demand.

With all this demand, shouldn't gold's global spot price have continued rising? Unfortunately, many Westerners were selling into the Eastern demand. In fact, the stagnant spot price concealed a historic transfer of real wealth.

The rising price of gold over the past decade had lured many Western investors into the paper gold market through precious metals exchange-traded funds (ETFs). To ETF investors intent on fast growth rather than long-term capital preservation, the recent drop in price was viewed as a sell signal, not an opportunity.

By the end of September, gold ETFs had sold off about 700 metric tons of physical gold – more than half of it in just the second quarter. The World Gold Council reports that the majority of these outflows have been absorbed by Asian demand.

However, Western selling was enough to keep the global spot price from recovering. Instead of more capital flowing into gold, it was the gold itself which was flowing from Western financial institutions to Eastern households.

The latest data shows that consumer demand for physical gold in the first three quarters of 2013 hit a historical record of 2,896.5 metric tons. 90% of the year-over-year increase in this demand came from Asia and the Middle East.

Meanwhile, Americans have been distracted by one record high after another in the domestic stock market.

Governments Intervene

When reporting on Asian gold demand, the Western media tends to focus on nations like India, which has practically declared war against gold buyers this year in a misguided attempt to curb its trade deficit.

The Indian government raised tariffs on the metal to a record 10%, and now requires importers to re-export 20% of their gold. India's central bank even went as far as asking temples around the country to divulge how much gold they were storing, though many refused.

Thailand and Vietnam have taken similar steps to subdue their populations' gold demand, even though the primary outcome has been to increase gold smuggling.

These governments' measures have received the most attention because they fit nicely into the Western narrative that gold is an old-fashioned asset that does more harm than good in modern economies. But the truth is that the only ones harmed by gold are Western governments!

China Rising

Last month, China officially surpassed India as the world's largest consumer of gold. Unlike New Delhi, Beijing is encouraging its citizens' gold lust by easing restrictions on the gold trade. The People's Bank of China (PBOC) is preparing to expand the number of businesses allowed to import and export gold on a large scale. It has also increased the amount of tax-free gold citizens are allowed to bring into the country.

Meanwhile, China is finally pulling away from the US dollar. A month after China's government news agency called for a "de-Americanized world," a deputy governor at the PBOC said, "It's no longer in China's favor to accumulate foreign-exchange reserves."

Simply put, China is planning to wind down its own stimulus program of buying US dollars, and instead allow the value of the yuan to appreciate. In preparation for this shift, China has been diversifying its foreign exchange reserves into gold. The PBOC has not released official numbers on its gold reserves since 2009, but experts have begun to speculate that its current holdings are far larger than previously estimated.

A Rude Awakening

This is the time when the West realizes that its great reservoir of wealth has run dry, as the gold has all flowed East.

When China stops buying US Treasuries, the Fed will remain the only major buyer of US debt. This will drive interest rates up, thereby sticking the US government with obligations it cannot possibly fulfill. Ultimately, this will be the death knell for the dollar, as the Fed will be forced to significantly expand its QE program to assume the role as Treasury-buyer of last resort.

Mom-and-pop gold buyers throughout the East probably do not understand all the subtleties of the foreign exchange markets, but an undying appreciation for gold is built into their culture. Make no mistake: the East is the engine of the 21st century global economy – and it is riding on rails of gold.

This holiday season, consider breaking with our recent Western tradition of giving gifts of no enduring value. Instead, take the opportunity to turn some of your paper dollars into gifts that will still have value when your kids are grown.

Peter Schiff is the CEO and Chief Global Strategist of Euro Pacific Capital, best-selling author and host of syndicated Peter Schiff Show. He is Chairman of Euro Pacific Precious Metals, a gold and silver dealer selling reputable, well-known bullion coins and bars at competitive prices.

OLDDOGS COMMENTS

Many American’s are afraid to buy Gold and or Silver because they are afraid their government will eventually confiscate it, and they have good reason to fear their government, as they have made no secret of their intentions to steal the people wealth. Look at how many pension funds are being taken and that is just for starters. Neither do Americans trust other Nations governments to stand up to ours and allow us to invest in foreign accounts. So, what’s the solution?

 

“Government is instituted for the common good; for the protection, safety, prosperity, and happiness of the people; and not for profit, honor, or private interest of any one man, family, or class of men; therefore, the people alone have an incontestable, unalienable, and indefeasible right to institute government; and to reform, alter, or totally change the same, when their protection, safety, prosperity, and happiness require it.”- John Adams

"If a nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be."-Thomas Jefferson

The problem in America is not the government; the real problem in America is a spineless, ignorant, apathetic citizenry.

The unanimous Declaration of the thirteen united States of America,

When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, —That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shown, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.–Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.

The above escape from tyranny is how this Nation was born, and is what the present government is denying you.

STAND UP AND START OVER AMERICA!

Jefferson’s Voice says

Sadly, money is the most powerful organizing principle in our society because most people have lost a sense of the eternal values we must live by to live free and dignified lives. This self-defeating behavior could be said to be due to the dumbing down, mind control, and exploitation of hard-wired greed. There are also elements of apathy and self-entitled narcissism.

Central banking may be the main tool used to control us but no economic system, however egalitarian and fair rationed based it may be said to be, can protect us from ourselves when our minds are weak, distorted, and controlled. There are no economic panaceas. We do know from experience that centralized control is never responsive to our inherent need to live as free souls and never fully transparent and thus centralized systems of control are always prone to corruption and abuse.

Like most things in life, a liquid form of exchange in an economy (“money”), can be a double-edged sword. Apathy and ignorance is the problem. Jefferson was right, “If a nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be.”

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The Agenda 21 Enslavement of Colorado

December 3rd, 2013 by

http://www.activistpost.com/2013/12/the-agenda-21-enslavement-of-colorado.html

By Dave Hodges

The Koch brothers, Pat Stryker, Governor Hickenlooper and many of the Colorado Front Range mayors are all spearheading a movement to enslave the people of Colorado under the dictates of the United Nations created and inspired Agenda 21. Colorado, along with a 15 county area in Northern California and Southern Oregon comprise the beta test for Agenda 21 control over our most precious resources, namely, our water and our farmland.


The Koch Brothers Spearhead the Agenda 21 Takeover of Colorado

The Koch brothers have accomplished nothing. The brothers inherited their immense wealth from their father, Soviet oilman Fred Koch. Yet, these entitled Koch brothers feel that should have the right to dictate to everyone else how they should live.

Stalin actually brought in Fred Koch in order to develop the Soviet Union’s oil industry and now the sins of the father are being visited upon Fred’s sons as they are bringing a virulent form of communism to Colorado.

Koch Industries is the second largest corporation in the United States and, true to form, they have no scruples. The Koch brothers are so corrupt that have been caught stealing oil from protected Indian lands. This should be a hint to the people of Colorado as to what lies in their immediate future.

The Koch brothers espouse the Agenda 21 belief that you do not control your wealth, land, food, water and air; the state does on behalf of the corporations that they serve. For example, the Koch brothers are attacking social security. They have spent $29 million dollars to put forth the propaganda that social security is broke. It is only broke because Congress keeps raiding the funds. The Koch brothers want the retirement age to go to 70 years of age. They want to get their greedy hands on social security so that can invest the funds on Wall Street, thus risking everyone’s social security retirement funds.

Colorado Climate Project

The Rocky Mountain Climate Organization (RMCO) launched the Colorado Climate Project, to bring Coloradans together to reduce the state’s contribution and vulnerability to a changed climate. In the process of enforcing their Agenda 21 inspired policies, Colorado’s farmers and ranchers are under attack. Click here to read the Project’s mission statement. The project followed the model established by several state governments, including those in Arizona, New Mexico, and Montana, but was the first such project undertaken as a private initiative. Click here to learn more about the process the Project followed, including the role of the Climate Action Panel.

Project Directors

RMCO’s project directors appointed the members of the Climate Action Panel, received its final report, and serve as key public spokespersons about the Colorado Climate Project and its recommendations. The project directors are:
 

  • John Hickenlooper, Governor of Colorado
  • Steve Burkholder, mayor of Lakewood
  • Doug Hutchinson, mayor of Fort Collins
  • Tom Long, Summit County Commissioner
  • Matt Baker, director of Environment Colorado
  • Tom Clark, executive vice president of the Metro Denver Economic Development Corporation
  • Former U.S. Senator Gary Hart, the Wirth Chair Professor at the University of Colorado-Denver
  • Gail Klapper, director of the Colorado Forum
  • Pat Vincent, president of the Public Service Company of Colorado (an Xcel Energy company).
  • Al Yates, former president of Colorado State University

Project Sponsors

The principal sponsors of the Agenda 21 takeover of Colorado includes the Denver Water Board, the Rockefeller Brothers Fund, Pat Stryker, the City of Aspen, BP America, the Koch brothers and the Rockefeller Family Fund.

Because of the Colorado Climate Change and theirunwarranted influence, Colorado farmers are losing more and more of their farmland. The State Legislature and the Colorado Supreme Court are forcing Colorado farmers to forsake the use of well water in the irrigation of their crops during a period of prolonged drought. They have ordered the shutdown of 440 wells. Colorado farm land is drying up, crop yield is down and many farmers are facing ruination. This is classic Agenda 21 in which the only ones who should be able to farm in rural areas are the large corporate farms and the government. Under this group it is illegal to trap rain water, reuse irrigation water and 50% of all farmland cannot be tilled under their proposals. We are talking about the complete destruction of Colorado farming and the absolute installment of Agenda 21 policies in the state.

Colorado Gun Confiscation

Colorado is also the site of some of the most contentious gun control legislation in the country. These same forces are going after the guns of Colorado residents. Two state legislators have already been recalled and removed from office for supporting the anti-Second Amendment forces of these Agenda 21 groups.

Senator Evie Hudak has been one of the principals trying to ban guns in Colorado. Subsequently there have been efforts to recall this third anti-gun politician. Rather than face a recall election, Hudak abruptly resigned. Hudak is a piece of work. She is despised by Second Amendment supporters for having callously dismissed the testimony of a rape survivor during a legislative hearing in an extreme example of depraved indifference.

In an effort to get Hudak recalled, Colorado activists have experienced extreme harassment, even stalking, with the tacit approval of local law enforcement,

Activist, Mike McAlpine, who headed up the Hudak recall effort, stated that ”We have multiple cars monitoring us at our offices and filming us from the parking lot.” McAlpine went on to say that “This is not a one-off event. We hold sign-and-drive events on the sidewalks near to busy intersections, and we hold signs inviting people to pull over and sign the petition. Our opponents have taken to blocking us: as cars pull in, they run up to the driver’s side door and physically stand next to the door so that the person inside cannot open the door and come outside.”

McAlpine further stated that “… opponents have formed human chains in order to block anyone who wants to sign. “They yell at the person while they’re at the table trying to sign, or blow an airhorn in their ear. There have been a half-dozen examples of that. In addition, when we go out to knock on doors and present the petition, they will follow us down the sidewalk and scream and yell.”

This is where this gets very interesting. The Climate Change Project is involved and they are using their thug contacts, which helped to propel Obama into the White house.

These radical leftist groups have poured a lot of money into the state. "Legal filings reveal that the Democracy Defense Fund, which opposed the recall, received $25,000 from the National Education Association, $10,000 from SEIU, and $5,000 from the Colorado AFL-CIO. Records show that, by yesterday, Democracy Defense Fund had received $120,000."

Colorado Law Enforcement Runs Interference for the Agenda 21 Forces Invading Colorado

McAlpine states that local law enforcement refuses to respond to the allegations of harassment , intimidation and stalking. He further states that “Our City Hall and the Department of Motor Vehicles, both of which are public institutions. The police have escorted our people off of those locations with the explicit reason that they would arrest us if we came back because we were asking government employees for signatures, and that is illegal.” Yet, other groups are permitted to circulated petitions in the same proximity. What we have here is a case of the police protecting the illegal harassment activities of the anti-gun forces in Colorado. Meanwhile,McAlpine states that “We stay 100 feet from the entrance to be approximately safe, “nonetheless, the city has deployed the police to escort us off the premises with the direct threat that they will arrest us next time.”

Conclusion

The Agenda 21 forces are ruining farm land, lessening crop production, denying lawful access to water and breaking the law in opposing the pro Second Amendment supporters and their legitimate political activities.

Colorado is a beta test for the rest of the nations. If the Koch brothers and their Agenda 21 allies get their way in Colorado, they will undoubtedly unleash this tyranny across the country.

Dave is an award winning psychology, statistics and research professor, a college basketball coach, a mental health counselor, a political activist and writer who has published dozens of editorials and articles in several publications such as Freedoms PhoenixNews With Views andThe Arizona Republic.

The Common Sense Show features a wide variety of important topics that range from the loss of constitutional liberties, to the subsequent implementation of a police state under world governance, to exploring the limits of human potential. The primary purpose of The Common Sense Show is to provide Americans with the tools necessary to reclaim both our individual and national sovereignty.

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The Americans Project MG Vallely BG Jones

November 27th, 2013 by

http://www.standupamericaus.org/politics-washington-dc/the-americans-project-mg-vallely-bg-jones/

By Paul E. Vallely, and Charles Jones

The AMERICANS strongly believe that life, liberty, citizenship and the pursuit of happiness are the unalienable RIGHTS of every American Citizen that cannot be taken or transferred. However, not until We the People become brutally frank with ourselves and with each other will the Constitution be taken off the shelf and once again become operational. Only then can the Republic can be restored and preserved in its original ordained Constitutional Power and form.

We The People have suffered enormously since 1913 under the combined rule of two domineering political parties of 537 elected politicians (100 Senators, 435 Representatives, the President/Vice President) along with those they have appointed. Tax and Spend, along with whatever it takes to rule, is the quest of one of the domineering parties.

11-27-2013 10-33-52 AMIn the opposing party, weak backbones, failing to stand up and lead for what a majority of citizen voters want, coupled with the elite of the party stealth-fully blending in with the tax and spend party, have destructively allowed the confiscation of far too much of the wages and retirement incomes from the citizens who pay income taxes.

These facts are now becoming more recognized with the most recent dastardly additions of: countless political deceptions, lies, national economic destruction, purposeful job-killing, the stealthful demise of America’s middle class, no Administration help for the massive unemployment of Black Americans plus the politically purposeful illegal alien invasion of the United States. Along with forty percent of the people within the fifty state borders who are receiving food stamps.

This all is treason to each separate state and to the citizens within the several states and it is perpetuated by the elected and appointed inside the Washington DC beltway.

The Constitution requires that all laws must be faithfully executed, but far too many are not and have not been – – – specifically by the Executive Branch. Nor has the Oversight Power of Congress been exercised to ensure Executive Leadership enforcement of United States laws.

These self-serving political failures have become destructive to the well-being, liberty and happiness of most American citizens. It must be recognized that “New Guards” for future personal safety and National Security must peacefully be put into place by citizens beginning with votes at the ballot box.

Failed leadership can no longer stand if the Constitution and the Republic are to be preserved for our children and all future generations.

A deep look has been taken into the several national crises by “The Americans” leadership who care greatly about the Republic, the People and the Constitution. Necessary and workable solutions have been developed to help solve and fix what has without question stunted our Nation’s ability to clearly, legally and peacefully function as a Constitutional Republic.

KEY NATIONAL ISSUES that must be solved if the separate and collective States of The United States of America are to become economically solvent, remain peaceful and nationally secure are:

  • The Constitution of the United States as originally established and amended will remain in absolute and total effect. The original XIII Amendment as written and ratified is an operational Amendment and will be adhered to immediately. (The original XIII Amendment was falsely hidden by less than honorable men of the times). Congress shall make all laws necessary for carrying into execution the Powers authorized in the Constitution and that all bills for raising revenue shall originate in the House of Representatives. Constant Congressional leadership oversight will be maintained at all times.All Laws requiring Executive action will be faithfully executed upon receipt from Congress by the President and appropriate departments and selected agencies of Government under the President’s sworn responsibility and authority.
  • A strong National Defense of well-trained Active Duty, Guard and Reserve Forces maintained with proper equipment that can deter any enemy activism, or fight and win if deterrence fails will be assured by both the House and Senate of the US Congress for the protection of “We the People” and the preservation of the Constitution and the Republic. Readiness at all times will include a nuclear capability to win if Congress declares war against an enemy aggressor. The United States Military will in no way be used against United States Citizens. To do so will trigger expeditious Congressional actions to immediately and permanently remove anyone exercising such orders from elected or appointed office.
  • The United States Government cannot rebound from the man-made economic crises without satisfactory employment for a majority of American citizens. In turn, satisfactory and sustainable employment for American citizens simply cannot be achieved with the excessive tax rates that now exist for US businesses and the American people.All political plundering of the people’s wealth via taxation will be stopped. Our banking system and wealth management have been corrupted with the 1913 establishment of the Federal Reserve System, placing monetary and economic control in the hands of a few (now partisan) individuals.The Federal Reserve System will be abolished and all US Government financial and economic functions will be turned over to the US Treasury, including the coining and printing of currency and the issuing of currency. US green-back bills will be printed and a one –for- one exchange to replace Federal Reserve notes will take place.
  • The IRS will immediately be abolished and that form of US government taxation will cease and desist. A zero-interest National Debt will be established at the US Treasury and a GDP annual growth limit not to exceed 3% will be tied to the previous year GDP growth. A transition to a “fair or flat” tax must be accomplished as a priority.
  • The Illegal Alien Invasion of the United States will be stopped with a Secured Borders Double Fence on The US Southern Border and more Border Guards stationed on the Northern Border. All US borders will be further controlled and severe penalties (financial and incarceration) for employers who hire illegal aliens. Foreign countries will have named financial and trade restriction obligations to the United States for all of their citizens who come over US Borders illegally. There will be absolutely no jobs, no social services, no welfare nor medical services allowed to be provided to illegal alien invaders. (Emergency medical care only will be provided until they are deported to home from which departed). American jobs are for US citizens, returning military veterans, part time high school students and the elderly. When US employers cannot find workers and can fully justify seeking foreign workers, Government permission will be granted for hiring temporary foreign workers.
  • The DHS with functions for national security and FEMA for emergencies have both grown far beyond the intentions of reasonable and responsible leadership control, budgeting, manpower, equipment and facilities. Deceptive political intentions for the potential use of facilities, weapons, massive purchases of ammunition plus military-type vehicles and railroad cars are greatly objectionable to American citizens and an insult to the economic deficit of the Nation.America’s leadership needs to be well-versed with the Active Military, County Sheriffs, Local Law Enforcement and National Guard overall capabilities within the continental limits of the United States that can handle any and all emergency situations, foreign or domestic, that might be faced. The DHS will be disbanded and certain functions will be merged into the Department of Defense (DOD) and the Department of Interior (DOI).The FEMA name will be changed to “The National Emergency Agency” (TNEA) and manpower will be greatly reduced and merged into the DOI to be used for national emergency situations only. Their budget and emergency dispatch activities in the east, central and western parts of the country will be managed through the three numbered Air Forces of the Air Force Reserve Command.All weapons, munitions and military-type vehicles will be transferred to the DOD immediately. All holding and or compound-type facilities will be closed and transferred permanently to local governments for non-detention uses only.
  • The Department of Energy will be abolished and certain specified oversight functions would be moved to the Department of Commerce.
  • The Department of Education will be abolished and its functions and all funding responsibility will be returned to each individual state, territory and the District of Columbia.
  • The Environmental Protection Agency (EPA) will be abolished with responsibilities and functions removed to each individual state. Conflicts will be resolved at the Department of Commerce while working with the states.
  • In addition, selected Agencies will be moved from the National Capitol area and disbursed into the interior for cost-effective and long-term security reasons as well as seeking more diversified hiring of high quality civilian personnel throughout a larger portion of the Nation. (Rust-belt areas of high unemployment in the mid-west and other locations of far greater physical expansion capability will be given priority consideration for these moves and jobs.
  • The partisan and destructive Democrat Affordable Health Care Plan will be repealed and pre-2009 Medicare Programs will be fully reconstituted. Necessary changes and revisions to the existing Social Security System to ensure self-funding.
  • The Executive order that allows unions to exist in government and do collective bargaining in any and all tax-payer funded government jobs will be rescinded.
  • It will be the policy and understanding within the entire Republic to recognize each County Sheriff as the Elected Senior Law Enforcement Officer in each respective County and that a well-regulated militia, if formed, will be responsive to his Constitutional Sworn Oath as necessary requirements for security of a free state.
  • The United Nations will be defunded from the excessive monetary proportions US taxpayers have been forced to fund and a strong effort will be made to move this overbearing activity out of the United States. Politicians must come to realize that no United Nations deliberations can override the US Constitution.
  • Education, kindergarten through grade twelve, is a fundamental right for American school-age children and is a responsibility of county or city taxpayers to insure funding for that right. Citizen school children in far too many public schools have been denied that fundamental right to an education due to handicaps in classroom and interferences caused by countless non-English speaking children plus overcrowding and scarce tax dollars used to accommodate illegal alien school children.  In addition to US Borders becoming secure, the 5 to 4 decision by the Burger Supreme Court that allowed all who choose to attend American taxpayer-funded schools regardless of citizenship will be revisited using Chief Justice Burger’s dissenting opinion as grounds for new litigation.
  • Begin a systematic process to reorganize the Department of Defense into an organization of National Security that can prepare us for today and tomorrow with “forward strategies” that secure America.

It is the general consensus of The Americans Project that If the Republican Party does not hold the line in the US House of Representatives to secure the Southern US Border, plus demand existing immigration laws be faithfully executed by the Executive Branch, then stop all Senate Immigration Reform and also stand firm for defunding Obama-care, the results will be the demise of the Republican Party in the 2014 and 2016 elections.

The 2008 and 2012 Presidential elections were lost because many Republican and Independent voters stayed home. There must be Honest National Leadership in place for the America First voters who care about the Constitution, the Republic and a secure future for their children.

Independent Constitutional Leadership selected by The Americans Project will be that Leadership. It will also become more evident to the voters that the course the Democrats have planned for America is destructive far beyond the imagination.

This nation is being torn apart daily as the crises facts become known. Also most disturbing to Americans who care is the fact many are not confident We the People have a Constitutional Government in place because to this date absolutely no one has seen one document verifying Constitutional qualification of the person occupying the White House.

Congress ignores all petitions for a redress of grievances and the Judiciaries at all levels of government have dismissed every attempt at addressing a legal option. The Democrat Party leadership signed two separate and different documents certifying eligibility to run for office as well as re-election eligibility.

This is pure and simple elected and appointed sworn politicians run amok. Enough is enough. If the United States of America and the separate states are to survive these greedy self-serving destructive political onslaughts, new leadership in existing elective offices is a must for every citizen.

Our government (all branches) of, by and for the people has lost control and has led us down a very destructive path of tyranny, ineptness, corruption, cover-ups and deceit. We have to a degree lost the necessary checks and balances designed to provide an essential balance of power.

That has led to a far-reaching federal government and an infringement on states’ rights. We must save the Republic and the country before we get to the point of no return. A National Call to Action is required by all of us to get our country on track! God save the Republic!

THE AMERICANS PROJECT

Paul Vallely, Major General, US Army (Ret.)

Charles Jones, Brigadier General, US Air Force (Ret.

NOW GO HERE:http://anationbeguiled.wordpress.com/2013/11/27/the-

standard-bearer-for-the-conservancy-of-the-constitution/

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Banks Warn Fed They May Have To Start Charging Depositors

November 25th, 2013 by

http://www.zerohedge.com/news/2013-11-24/banks-warn-fed-they-may-have-start-charging-depositors

By Tyler Durden

The Fed's Catch 22 just got catchier. While most attention in the recently released FOMC minutes fell on the return of the taper as a possibility even as soon as December (making the November payrolls report the most important ever, ever, until the next one at least), a less discussed issue was the Fed's comment that it would consider lowering the Interest on Excess Reserves to zero as a means to offset the implied tightening that would result from the reduction in the monthly flow once QE entered its terminal phase (for however briefly before the plunge in the S&P led to the Un-taper). After all, the Fed's policy book goes, if IOER is raised to tighten conditions, easing it to zero, or negative, should offset "tightening financial conditions", right? Wrong. As the FT reports leading US banks have warned the Fed that should it lower IOER, they would be forced to start charging depositors.

In other words, just like Europe is already toying with the idea of NIRP (and has been for over a year, if still mostly in the rhetorical and market rumor phase), so the Fed's IOER cut would also result in a negative rate on deposits which the FT tongue-in-cheekly summarizes "depositors already have to cope with near-zero interest rates, but paying just to leave money in the bank would be highly unusual and unwelcome for companies and households."

If cutting IOER was as much of an easing move as the Fed believes, banks should be delighted – after all, according to the Fed's guidelines it would mean that the return on their investments (recall that all US banks slowly but surely became glorified, TBTF prop trading hedge funds since Glass Steagall was repealed, and why the Volcker Rule implementation is virtually guaranteed to never happen) would increase. And yet, they are not:

Executives at two of the top five US banks said a cut in the 0.25 per cent rate of interest on the $2.4tn in reserves they hold at the Fed would lead them to pass on the cost to depositors.

Banks say they may have to charge because taking in deposits is not free: they have to pay premiums of a few basis points to a US government insurance programme.

“Right now you can at least break even from a revenue perspective,” said one executive, adding that a rate cut by the Fed “would turn it into negative revenue – banks would be disincentivised to take deposits and potentially charge for them”.

Other bankers said that a move to negative rates would not only trim margins but could backfire for banks and the system as a whole, as it would incentivise treasury managers to find higher-yielding, riskier assets.

“It’s not as if we are suddenly going to start lending to [small and medium-sized enterprises],” said one. “There really isn’t the level of demand, so the danger is that banks are pushed into riskier assets to find yield.”

All of the above is BS: lending has never been a concern for the Fed because if it was, then one could scrap QE right now as an absolute faiure. Recall that as we showed recently, the total amount of loans and leases in commercial US banks has been unchanged since Lehman, with the only rise in deposits coming thanks to the fungible liquidity injected by the Fed.

OCTOBER 2008

TOTAL DEPOSITS 7.3 TRILLION – LOANS 7.3 TRILLION

SEPRMBER 2013

TOTAL DEPOSITS 9.5 TRILLION – LOANS 7.3 TRILLION

TOTAL BANK RESERVES 2.2 TRILLION

Furthermore, contrary to what the hypocrite banker said that "the danger is that banks are pushed into riskier assets to find yield”banks are already in the riskiest assets: just look at what JPM was doing with its hundreds of billions in excess deposits, which originated as Fed reserves on its books – we explained the process of how the Fed's reserves are used to push the market higher most recently in "What Shadow Banking Can Tell Us About The Fed's "Exit-Path" Dead End."

What the real danger is, is that once the Fed lowers IOER and there is a massive outflow of deposits, that banks which have used the excess deposits as initial margin and collateral on marginable securities to chase risk to record highs (as JPM's CIO explicitly and undisputedly did) that there would be an avalanche of selling once the negative rate deposit outflow tsunami hit.

Needless to say, the only offset would be if the proceeds from the deposits outflows were used to invest in stocks instead of staying inert in some mattress or, worse (if only from the Fed's point of view) purchase inert assets like gold or Bitcoin.

Which brings us back to the first sentence and the Fed's now massive Catch 22: on one hand, should the Fed taper, rates will surge and stocks will once again plunge, as they did, in early summer, just to teach the evil, non-appeasing Fed a lesson.

On the other hand, should the Fed cut IOER as a standalone move or concurrently to offset the tapering pain, banks will crush depositors by cutting rates, depositors will pull their money from banks en masse, and banks will have no choice but to close on a record levered $2.2 trillion in margined risk position.

OLDDOGS COMMENTS

When the banks start charging depositors, watch the Bankers start massive investments in Bitcions, which will be followed by many disgruntled depositors, resulting in a massive price increase in bitcoins. When it’s high enough the bankers will cash out leaving behind massive losses for the remaining bitcoins holders.

THEN TSHTF


UPDATE!

http://www.economicpolicyjournal.com/2013/11/expert-bitocoin-headed-to-3500.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+

economicpolicyjournal%2FKpwH+%28EconomicPolicyJournal.com%29

By Robert Wenzel

I just spent two hours today with Bitcoin expert Trace Mayer and Vitalik Buterin, head writer atBitcoinMagazine.com, who have been in San Francisco for a couple of days.

It's always a pleasure to talk to Trace, who I consider one of the foremost Bitcoin experts. He bought a ton of bitcoins at 25 cents (and lower). I asked him if he was a billionaire yet, and he just smiled.

During our meeting he outlined the fascinating supply and demand dynamics of  Bitcoin. There are currently 12 million bitcoins outstanding but Trace makes the case that the actual number of bitcoins in the float is much smaller.

For example, he believes that most of the bitcoins that the FBI grabbed at the time of Ross Ulbricht's arrest were not bitcoins that belonged to Ulbricht, but were coins that belonged to active buyers and sellers on Silk Road. Thus, these active coins are now in the hands of the FBI and are out of the float.

But more intriguing, Trace tells me he believes that between 3 million to 6 million of bitcoins will never trade again,  because they were purchased early on and those who purchased them have forgotten the passwords to gain access to them. Thus, the true Bitcoin float maybe only between 6 million and 9 million bitcoins.

Given the amount of hedge fund money that is now entering the Bitcoin arena (He told me that at a meeting he attended in NYC that a Goldman Sachs analyst was even in attendance studying how GS can get into the Bitcoin game.), Trace believes that Bitcoin is headed to $3,500. A trader friend of mine thinks it will head to $10,000, before it crashes to zero.

I continue to believe that Bitcoin has many of the aspects of a pump and dump scheme and agree with Peter Schiff that it is Tulipmania 2.0, but I don't think the last tulip has been sold.

It is a very risky trade, but there is probably more upside here.

In the EPJ Daily Alert, I will have more details about Bitcoin and what Trace told me about when he plans to start selling and why. It's great timing advice for Bitcoin traders. LET THE BUYER BEWARE!

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Massive Pentagon Waste Fraud and Grand Theft

November 22nd, 2013 by

http://www.activistpost.com/2013/11/massive-pentagon-waste-fraud-and-grand.html

By Stephen Lendman

Longstanding Pentagon operations reflect a black hole of unaccountability. Reuters published a two-part report. In July, it discussed the Defense Department's "payroll quagmire."

It's bureaucracy is stifling. It's "unyielding," said Reuters. Active duty and retired military personal are routinely cheated. Pay errors are widespread.

Correcting "or just explaining them can test even the most persistent soldiers." Weeks or months pass without resolution.

Some personnel are cheated on pay. Others are penalized for overpayments. Their earnings are "drastically cut" unfairly. Precise figures are impossible to calculate.

At issue is "the Defense Department's jury-rigged network of mostly incompatible computer systems for payroll and accounting, many of them decades old, long obsolete, and unable to communicate with each other," said Reuters.

"The Defense Finance and Accounting Services (DFAS) still uses a half-century-old computer language that is largely unable to communicate with the equally outmoded personnel management systems employed by each of the military services."

A December 2012 Government Accountability Office (GAO) report revealed unaccountable accounting. No way exists to assure correct amounts are paid. Errors can't be tracked.

Pentagon accounting reflects epic failure. Nothing is done "to keep track of its money," said Reuters.

US law requires annual audits of all federal agencies. The Pentagon alone never complied. It's accounting is in too disarray to do so. It remains unaccountable.

In May 2012, then Defense Secretary Leon Panetta said:

"DOD, I'm sorry to say, is the only major federal agency that cannot pass an audit today."

 It bears repeating. It's a black hole of unaccountability. It literally wastes trillions of dollars. 

It uses about 2,200 error-prone computer systems. Billions of dollars are spent operating them. They manage finances, human resources, logistics, property, and weapons acquisitions. According to former Deputy Defense Secretary Gordon England:

"There are thousands and thousands of systems. I'm not sure anybody knows how many there are" or how many are in use.

The Pentagon is the world's largest property owner. It has more than 5,000 sites in 41 countries.

It's the world's largest polluter. It's exempt from environmental regulations and wildlife treaties.

It poisons the earth. Its desecration is virtually unreported. It's responsible for genocide and ecocide.

It's destroying the planet's ability to sustain life. It spends trillions of dollars doing so.

On November 18, Reuters headlined "Behind the Pentagon's doctored ledgers, a running tally of epic waste."

Since 1996, DOD was never held accountable for $8.5 trillion. On September 10, 2001, then Defense Secretary Rumsfeld said:

"According to some estimates, we cannot track $2.3 trillion in transactions." At issue is massive waste, fraud and abuse.

Sweetheart deals, bribes and kickbacks are commonplace. So is routine over-billing. Unaccountability is standard practice.

Jeff St. Clair's book titled "Grand Theft Pentagon: Tales of Corruption and Profiteering in the War on Terror" exposed massive corruption and war profiteering.

DOD has a virtual blank check. Lockheed Martin, Boeing, Bechtel, Halliburton, the Carlyle Group, Blackwater USA (now ACADEMI), and other Pentagon favorites cash in hugely.

They do it at taxpayers' expense. They sacrifice peace, equity and justice in the process.

From White House and Pentagon war rooms to warprofiteer board rooms, "Grand Theft Pentagon" explains America's out-of-control imperial agenda. War on humanity reflects it.

Trillions of dollars are spent waging it. According to Reuters, DFAS fudged accounts reflect standard practice.

"Former military service officials say record-keeping at the operational level throughout the services is rife with made-up numbers to cover lost or missing information."

Warnings are systematically ignored. According to GOA's December 2011 report:

Unaccountable accounting "without documentation (masks) much larger problems."

DOD "chronic(ally) fail(s) to keep track of its money – how much it has, how much it pays out, and how much is wasted or stolen," said Reuters.

It's entire record keeping system is dysfunctional. Nothing effective is done to fix it.

Pay errors reflect a small portion of huge sums "annually disappear(ing) into (DOD's) vast bureaucracy."

"(T)he Pentagon is largely incapable of keeping track of its vast stores of weapons, ammunition and other supplies."

It spends huge amounts on more of what's not needed. It amassed a half trillion dollar plus backlog of unaudited vendor contracts.

How much is spent for goods and services isn't known. Operations are rife with waste and fraud. Abuses go undiscovered for years. Accountability is entirely lacking.

DOD can't "tally its accounts," said Reuters. Congressional 2009 legislation requires annual DOD audits by 2017. Reuters said DOD won't meet its deadline.

"The main reason is rooted in the Pentagon's continuing reliance on a tangle of thousands of disparate, obsolete, largely incompatible accounting and business-management systems."

Many date from the 1970s. They use outmoded computer languages on old mainframes.

They use antiquated file systems. It's nearly impossible to search for data. What's gotten is "corrupted and erroneous." According to a former defense official:

"It's like if every electrical socket in the Pentagon had a different shape and voltage."

Former Defense Secretary Robert Gates called DOD operations "an amalgam of fiefdoms without centralized mechanisms to allocate resources, track expenditures, and measure results."

"My staff and I learned that it was nearly impossible to get accurate information and answers to questions such as 'How much money did you spend' and 'How many people do you have?' "

Tens of billions of dollars were spent upgrading systems. Many new ones failed. They were scrapped altogether. Doing so compounded waste.

DOD's mess is its own making. Unaccountability lets massive waste, fraud and abuse persist. According to Reuters:

"The secretary of defense's office and the heads of the military and DFAS have for years knowingly signed off on false entries."

Congress largely ignores abusive practices. A single DFAS Columbus, Ohio office "made at least $1.59 trillion – yes, trillion – in errors…in financial reports for the Air Force in 2009," said Reuters.

"Those amounts far exceeded the Air Force's total budget for that year" and then some.

Dysfunctional Pentagon accounting is reflected in Defense Logistics Agency (DLA) operations.

It buys, stores and ships Pentagon supplies. They range from aircraft parts to uniform zippers. "It has way too much stuff," said Reuters.

It pays way too much for it. According to DLA process and planning directorate head Sonya Gish, no system tracks whether vast quantities of supplies received are put in correct bins.

Failure to do so makes inventorying them impossible. Nothing is done to track or estimate employee theft losses.

In 2004, the Pentagon was mandated to begin using a modern labeling system. Doing so would enable knowing what supplies are available in what amounts for what service branch.

"To date," said Reuters, "DLA ignored the directive." Deputy distribution director William Budden said doing so would exceed benefits. DLA's existing systems are adequate, he claimed. Evidence shows otherwise.

Many obsolete weapons and munitions remain in inventory. Ammunition manager Keith Byers said they sit year after year because "it's cheaper for the military to store (them)."

"What's counterproductive is that what you're looking at (are) stocks that are going to be destroyed eventually anyway."

Older headline-grabbing reports focused on $600 toilet seats and $7,600 coffee makers, etc. They're minor compared to countless billions wasted, stolen or otherwise disappeared.

Many billions more were wasted on dysfunctional computer systems. In the last decade alone, DOD spent trillions of dollars for goods and services. According to Reuters:

"How much of that money is wasted in overpayments to contractors, or was never spent and never remitted to the Treasury, is a mystery."

"Spotty monitoring of contracts is one reason Pentagon personnel and contractors are able to siphon off taxpayer dollars through fraud and theft – amounting to billions of dollars in losses, according to numerous GAO reports."

"In many cases, perpetrators were caught only after outside law-enforcement agencies stumbled onto them, or outsiders brought them to the attention of prosecutors."

A footnote in the Navy's 2012 financial report "acknowledge(d) that it has a material internal control weakness in that it does not reconcile its" numbers with the Treasury's.

It claims it's working to correct the problem. It's longstanding. It persists.

Congressional budget debates largely ignore massive Pentagon waste, fraud and abuse. Lip service at most is paid to it.

Advancing America's imperium matters most. Pedal-to-the-metal unaudited spending continues out-of-control.

Stephen Lendman lives in Chicago and can be reached at lendmanstephen@sbcglobal.net. His new book is titled How Wall Street Fleeces America: Privatized Banking, Government Collusion and Class War Also visit his blog site at sjlendman.blogspot.com and listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network Thursdays at 10AM US Central time and Saturdays and Sundays at noon. All programs are archived for easy listening. http://www.progressiveradionetwork.com/the-progressive-news-hour/

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TPP NAFTA on Steroids

November 19th, 2013 by

http://www.activistpost.com/2013/11/tpp-nafta-on-steroids.html

By Stephen Lendman

The Trans-Pacific Partnership (TPP) is a trade deal from hell. It's a stealth corporate coup d'etat. 

It's a giveaway to banksters. It's a global neoliberal ripoff. It's a business empowering Trojan horse. It's a freedom and ecosystem destroying nightmare.

The Electronic Frontier Foundation (EFF) calls it "a secretive, multi-national trade agreement that threatens to extend restrictive intellectual property (IP) laws across the globe and rewrite international rules on its enforcement."

More on TPP below. New York Times editors support it. Two decades ago, they endorsed NAFTA. 

On January 1, 1994, its destructive life began. It's anti-labor, anti-environment, anti-consumer and anti-democratic.

Corporate giants love it. Why not? They wrote it. Hundreds of pages of one-size-fits-all rules benefit them. 

They override domestic laws. A race to the bottom followed. NAFTA was a disastrous experiment. In November 1993, New York editors headlined "The 'Great Debate' Over NAFTA," saying:
 

The laboriously constructed agreement to phase out trade barriers among the US, Mexico and Canada, which this page has strongly supported, is likely to have a positive, though small, impact on US living standards and provide a modest boost to the Mexican economy. 

Some American jobs would be lost to cheaper Mexican labor, other jobs would be gained because American exports would increase as Mexico's high tariffs gradually disappeared. 

Economics aside, Nafta's defeat would suggest that the US had abandoned its historical commitment to free trade and would thus discourage other Latin and South American countries that have moved toward more market-oriented economies in the expectation of freer world trade.

So-called "free trade" is one-sided. It isn't fair. NAFTA proponents promised tens of thousands of newly created US jobs.


Ordinary famers would export their way to wealth. Mexican living standards would rise. Economic opportunities would reduce regional immigration to America.

NAFTA's promises never materialized. Reality proved polar opposite hype. A decade later, about a million US jobs were lost. 

America's Mexican trade deficit alone cost around 700,000 jobs by 2010.

Official government data show nearly five million US manufacturing disappeared since 1994. 

NAFTA alone wasn't responsible. It reflected broken promises, lost futures, and other trade deals from hell to follow. TPP stands out. It's NAFTA on steroids.

Since 2008, multiple negotiating rounds were held. They continue secretly. Twelve nations are involved. 

They include America, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. Others are invited to join.

At issue is agreeing on unrestricted trade in goods, services, rules of origin, trade remedies, sanitary and phytosanitary measures, technical barriers, government procurement and competition policies, and intellectual property (IP). 

It's about eliminating fundamental freedoms. It's circumventing sovereign independent rights. Corporate power brokers want unchallenged control.

They want global rules and standards rewritten. They want supranational powers. They want them overriding national sovereignty. They want investor rights prioritized over public ones.

They already rule the world. Imagine giving them more power. Imagine no way to stop them. 

Imagine a duplicitous president. Obama's in lockstep with their wish list. He intends giving them everything they want.

Public Citizen is independent. It's our voice. Its work entails "ensur(ing) that all citizens are represented in the halls of power."

Its Global Trade Watch (GTW) monitors TPP developments. It calls it "a stealthy policy being pressed by corporate America. (It's) a dream of the 1%." It'll:
 

  • offshore millions of American jobs,
  • free the banksters from oversight,
  • ban Buy America policies needed to create green (and many other) jobs (as well as) rebuild out economy,
  • decrease access to medicine,
  • flood the US with unsafe food and products,
  • and empower corporations to attack our environment and health safeguards.

Hyped benefits are fake. Reality is polar opposite what corporate shysters claim. Everything accruing from TPP benefits them. It does so by undermining what matters most to ordinary people.

Lori Wallach heads GTW. Ben Beachy is research director. Last June, they headlined their New York Times op-ed"Obama's Covert Trade Deal."

He's committed to open government, he claims. His policies reflect otherwise. He's negotiating TPP secretly.

It's "the most significant international commercial agreement since the" World Trade Organization's 1995 creation, said Wallach and Beachy.

Congress has exclusive "terms of trade" authority. Obama systematically refuses repeated congressional requests to release the entire draft agreement being negotiated.

He "denied requests from members to attend (sessions) as observers." He "revers(ed) past practice" snubbing them.

He "rejected demands by outside groups" to release the draft text. George Bush never went that far.

Obama's "wall of secrecy" had one exception. About "600 trade 'advisors,' dominated by representatives of big business," got access to what Congress was denied.

TPP overrides American laws. It requires changing them. Otherwise trade sanctions on US exports can be imposed.

Wall Street loves TPP. It prohibits banning risky financial products. It lets banksters operate any way they want without oversight.

Congress has final say. Both houses will vote on TPP. Ahead of doing so, they'll have access to its full text. 

Why later? Why not now? Why not earlier? Why not without enough time for discussion and public debate?

Members won't get enough time to examine TPP carefully. Maintaining secrecy as long as possible prevents public debate.

Obama wants TPP fast-tracked. He wants it approved by yearend. Until March, Ron Kirk was Obama's trade representative.

He was remarkably candid. He said revealing TPP's text would raise enormous opposition. Doing so might make adopting it impossible.

According to Wallach and Beachy:
 

Whatever one thinks about 'free trade,' (TPP secrecy) represents a huge assault on the principles and practice of democratic governance. 

That is untenable in the age of transparency, especially coming from an administration that is otherwise so quick to trumpet its commitment to open government.

On October 30, a newly formed Friends of TPP caucus was formed. Four House co-chairman head it. They include Reps. David Reichert (R. WA), Charles Boustany (R. LA), Ron Kind (D. WI) and Gregory Meeks (D. NY).

They sound like earlier NAFTA supporters. They claim TPP is important for US jobs, exports and economic growth. They lied saying so.

Wallach commented separately. TPP is hugely hugely destructive, she said. It's more than about trade. It's a "corporate Trojan horse." It has 29 chapters. Only five relate to trade.

The others "either handcuff our domestic governments, limit food safety, environmental standards, financial regulation, energy and climate policy, or establish new powers for corporations."

They promote offshoring jobs to low-wage countries. They ban Buy America. Corporations can do whatever they please. Instead of investing domestically, they can use "our tax dollars" to operate abroad.

They can exploit national resources freely. They'll have "rights for min(ed) (commodities), oil, gas" and others "without approval."

TPP includes all sorts of "worrisome issues relating to Internet freedom." 

It provides a back door to earlier failed legislation. It resurrects SOPA, PIPA, ACTA and CISPA provisions. It tramples on fundamental freedoms and national sovereignty.

"Think about all the things that would be really hard to get into effect as a corporation in public, a lot of them rejected here and in the other 11 countries, and that is what's bundled in to the TPP," said Wallach.
 

And every country would be required to change its laws domestically to meet these rules. 

The binding provision is each country shall ensure the conformity of domestic laws, regulations and procedures.

Negotiations are secret. Nothing is discussed publicly. Details leaked out. TPP includes hugely unpopular policies. It forces them on member countries.

It overrides domestic laws protecting people and ecosystems. It's predatory capitalism at its worst writ large. Obama fully supports it. Lawmakers hadn't seen it until last year. 

They got access to a single chapter. Examining it is severely restricted. Their office is denied a copy. They alone can read it. Their staff is denied permission.

They can't take detailed notes. They can't publicly discuss what's in it. Technical language makes it hard to understand what they read.

Congressional approval is likely. Lobby pressure is intense. "Everything is bought and sold," said Wallach. "Honor is no exception."

The reason there's no deal so far "is because a lot of other countries are standing up to the worst of US corporate demands," Wallach explained.

For how long remains to be seen. If TPP is adopted, public interest no longer will matter. The worst of all possible worlds will replace it. Corporate rights will supersede human ones. A global race to the bottom will intensify. 

Signatory countries will be legally bound to support loss of personal freedoms. Sovereign laws won't protect against poisoned food, water and air.

Ecosystems will be destroyed. Millions more jobs will shift from developed to under or less developed nations. 

Corporate power will grow more exponentially. Fundamental human and civil rights may erode altogether. Not according to Times editors.

On November 5, they headlined "A Pacific Trade Deal."

A dozen nations want a deal by yearend, they said. They want it to "help all of our economies and strengthen relations between the United States and several important Asian allies."

It bears repeating. TPP is a trade deal from hell. It's a stealth corporate coup d'etat. It's a freedom and ecosystem destroying nightmare. Times editors didn't explain. 

They lied to readers. They betrayed them. They repeated their 1993 duplicity. Millions affected understand best. 

An October 8 White House press release lied. It called TPP "a comprehensive, next-generation model for addressing both new and traditional trade and investment issues, supporting the creation and retention of jobs and promoting economic development in our countries." 
 

The deepest and broadest possible liberalization of trade and investment will ensure the greatest benefits for countries’ large and small manufacturers, service providers, farmers, and ranchers, as well as workers, innovators, investors, and consumers.

Times editors endorsed what they haven't read. TPP provisions remain secret. Leaked information alone is known.

Times editors willingly accept Obama misinformation as fact. Twenty years ago, they got NAFTA wrong. Here they go again. 

They're mindless about secret negotiations. Public concerns don't matter. Corporate interests alone count. 

Subverting national sovereignty is OK. So is empowering transnational giants without oversight. They'll be able sue countries for potentially undermining future profits.

Times editors support the worst of corporate excess. Doing so shows which side they're on. 

Fundamental freedoms aren't important. Corporate rights drive The Times' agenda. Its editors explained nothing about fast-track authority.

Max Baucus (D. MT) chairs the Senate Finance Committee. He supports fast-tracking. Doing so hands congressional authority to Obama.

Proper hearings are restricted. Debate is limited. Amendments can't be introduced. The Senate can't filibuster. Congress can only vote up or down. 

It can happen virtually out of sight and mind. It can happen with scant media coverage. It can happen with none at all. It can become law with practically no public awareness.

Imagine corporate America getting coup d'etat authority with hardly anyone knowing what happened. Imagine the consequences if it does. Imagine today's America becoming worse than ever. 

Times editors stressed how Obama wants TPP to be "an example for the rest of the world to follow."

Imagine one more than ever unfit to live in. Imagine a president promising change to believe in promoting it. 

Imagine Times editors endorsing what demands condemnation. Imagine not explaining what readers most need to know. 

Imagine substituting misinformation for truth and full disclosure. Imagine all the news they call fit to print not fit to read.

A Final Comment 

On November 13, Public Citizen headlined "Leaked Documents Reveal Obama Administration Push for Internet Freedom Limits, Terms That Raise Drug Prices in Closed-Door Trade Talks."

"US Demands in Trans-Pacific Partnership Agreement Text, Published Today by WikiLeaks, Contradict Obama Policy and Public Opinion at Home and Abroad."

TPP's leaked text reveals Obama demands limiting Internet freedom. He wants restricted access to lifesaving medicines.

He wants all TPP signatory countries bound the the same deplorable rules.

He lied claiming TPP reduces health care costs. It has nothing to do with advancing online freedom as he promised. It's polar opposite on both counts.

According to Public Citizen:
 

It is clear from the text obtained by WikiLeaks that the US government is isolated and has lost this debate. 

Our partners don't want to trade away their people's health. Americans don't want these measures either.

Obama's in the pocket of Big Pharma. He's a Wall Street tool. He represents other corporate interests. He spurns popular ones. He lies claiming otherwise. He repeatedly avoids truth and full disclosure.

He lied about Obamacare. It's an abomination. It's a scam. It's a scheme to enrich insurers and other healthcare giants. 

TPP is a global scam. It's an assault on fundamental freedoms.

Reports indicate around half the House members strongly oppose it. Others lean that way. According to Lori Wallach:
 

This could be the end of TPP. 

All these other countries are like, 'Wait, you have no trade authority and nothing you've promised us means anything. Why would we give you our best deal?’ Why would you be making concessions to the emperor who has no clothes?

It bears repeating. TPP is a trade bill from hell. It's a stealth corporate coup d' etat. Killing it is essential. 

The alternative is losing fundamental freedoms. It's destroying national sovereignty. It's making healthcare less affordable. It's undermining what ordinary people value most.

Stephen Lendman lives in Chicago and can be reached at lendmanstephen@sbcglobal.net. His new book is titled How Wall Street Fleeces America: Privatized Banking, Government Collusion and Class War. Also visit his blog site atsjlendman.blogspot.com and listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network Thursdays at 10AM US Central time and Saturdays and Sundays at noon. All programs are archived for easy listening. http://www.progressiveradionetwork.com/the-progressive-news-hour/

OLDDOGS COMMENTS

Get on the phone and raise hell with your Representatives, and Senators. This is the last call for freedom. Say NO TPP! Say, if you support this bill you will wind up unemployed with us. AND THAT’S A PROMISE!

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Bernanke: Fed Has Greater Power to Combat Crises

November 9th, 2013 by

http://abcnews.go.com/Business/wireStory/bernanke-fed-greater-power-combat-crises-20832177

By MARTIN CRUTSINGER AP Economics Writer

Chairman Ben Bernanke said Friday that the Federal Reserve is drafting rules to close large insolvent banks without bringing down the broader financial system, one of many steps regulators must take to prevent another financial crisis.

Bernanke said the absence of a process to deal with systemically important institutions in 2008 left regulators facing the "terrible choices of a bailout or allowing a potentially destabilizing collapse." His comments were made at a conference sponsored by the International Monetary Fund.

The financial overhaul law passed by Congress in 2010 gave regulators better tools to close down large financial institutions, he said. The Fed and other regulators are working to implement those rules now.

"Our continuing challenge is to make financial crises far less likely and, if they happen, far less costly," Bernanke said.

At the IMF conference, Bernanke was asked about whether enormous growth in student loan debt could trigger a future financial crisis. He said that the debt was a drag on the economy but not a threat to the overall financial system.

Student loans prevented many Americans from buying homes or making other big-ticket purchases, he noted. But the bulk of the debt is backed by the federal government, so financial institutions would not be at risk from widespread defaults, he said.

"I don't see it affecting the ability of the financial system any time soon," Bernanke said. "But it is a serious issue and more thought needs to be given to helping people make better choices."

Bernanke did not make any comments during his appearance about current economic conditions or the Fed's interest rate policies.

OLDDOGS COMMENTS

Sounds to me like some serious cogitation has been going on in the I.M.F. – D.C. sausage factories. Watcha think folks, will they sacrifice the Lamb of Gold? Don’t forget, they can fart longer than we can hold our breath!

02 09 12 MONEY FARTS SMALL

Multiple sources say the Pentagon is moving to shut down cabal

November 8th, 2013 by

http://hipknowsys.blogspot.com/2013/11/benjamin-fulford-november-6-2013.html

By Benjamin Fulford

Some kind of paradigm changing event in the US is imminent, according to multiple sources. Three US agency sources, two from the Pentagon and one from the CIA, all say something very big is going to happen in the United States but none of them were sure exactly what it will be. The Pentagon had already taken over the FEMA camps and was going to put all the politicians from Washington D.C. there, one source said. Another, at Pentagon Military intelligence, confirmed “there was a lot of activity and confusion within the military,” a sign of something big going on but, he was not sure exactly what.

He added that for some reason all the FEMA coffins had been moved to Puerto Rico and were being displayed on Puerto Rican TV stations. The CIA source, for his part, said they were going to shut down the US power grid on November 11th.

In another sign something unusual was going on the US armed forces radio station in Japan broadcast a statement last week that the “US military did not have a budget for 2014.”

A top level Chinese government representative also reported that an agreement had been reached to release vast amounts of funds to finance a major campaign to end poverty and stop environmental destruction.

After receiving the call from the Chinese source, this writer called to US Embassy in Tokyo, Japan to ask if the government of the United States supported setting up a new development agency to carry out a multi-trillion dollar campaign to end poverty and stop environmental destruction.

In what seems to be a direct reply, a Pentagon military intelligence agent in Japan met this writer and asked if President Barack Obama could be included in the campaign. He said that despite Obama’s “weird metrosexual lifestyle” and despite the fact his father was an American communist and not a Kenyan politician as advertised, they supported Obama because he stopped World War 3 from starting in the Middle East.

In response he was told that if the cabal was defeated by the White Dragon Society and its allies, the US military would receive more funding that it does now and would be asked to help in the campaign to fix the planet. As far as Obama was concerned, the representative was told his fate is up to the American people and the US military industrial complex.

In any case, the United States is under enormous external pressure to get its act together.

The NSA scandal is one example. Here we have a US defector in Russia revealing secrets about US spying on its allies. The result is heavy criticism on the US regime by supposed allies such as the German, French and Spanish governments, a clear sign the Europeans are moving closer to Russia and distancing themselves from the US.

The other big move against the US last week came when Russia sent two strategic nuclear bombers to Venezuela after which Venezuela immediately took over US owned oil rigs in the country.

The Chinese did their bit by announcing they had surrounded the US with nuclear submarines that could annihilate the entire continental United States. They have also been aggressively investing in new energy technology and will pioneer a post-oil world.

In the old oil powers fortress of the Middle East as well, the Russians are continuing to jump into the US vacuum. Turkey, supposedly a NATO country, is negotiation a customs union with Russia, buying missiles from China and rounding up and removing Mossad agents spying on Iran from Turkey. Egypt too is buying missiles and other weapons from Russia and offering the Russians a naval base.

Last week when Israeli forces attacked Syria, the US armed forces immediately informed the Russians of this fact, infuriating the Israelis and making it clear that the United States armed forces are no longer going to fight wars for Israel. As a result that country will have to reach a deal with its neighbours and with Russia if it is to remain a viable entity.

The long term plan, according to an Eastern European Illuminati grandmaster, is to create a loose federation of Muslim states anchored by Turkey at one end and Egypt on the other. In this plan, Israel is expected to eventually become a Jewish autonomous region inside this federation.

The totalitarian rulers of Saudi Arabia, for their part, need to remind themselves of the Arab saying: “One day the stick is in your hand, the next day it is in your ass.”

What all this means is that the oil money from both the Middle East and South America will no longer be recycled into the banks that own the Federal Reserve Board thus dooming the Rockefeller/Bush petrodollar.

That is why the US Congress last week suddenly passed a bill allowing the big US banks to once again create infinite amounts of funny money using derivatives.

http://daily.represent.us/theres-something-absolutely-insane-happening-house-right-now/

Of course the US military is upset about all this but, the answer is that the world wants them to go into Washington D.C. and Wall Street and remove the parasitical gangsters who have caused so much misery to the people of the world, including the American people.

After that, the US military industrial complex will get generous funding to do things like protect endangered species, fight bandits as well helping put to an end to various forms of planetary rape such as over-fishing and the destruction of rain forests. That is exactly what is about to happen, the pentagon and agency sources hint. The sources also say the cabal members and their families, who had planned to hide in underground bases while they killed everybody else, will instead find themselves confined in the FEMA camps. If that does not happen, the noose will only get tighter until it does. The people of the world are sick and tired of the criminal behavior of the US rogue regime.

If the US power grid is shut down on November 11th, it will mean no internet, no TV and no ATMs. If this event does happen, and if it is managed by the good guys, it can thus be used to render impotent two of the cabal’s main weapons, the control of the distribution of money and the use of mass propaganda. The system could then be rebooted minus all the hysterical nonsense and fake news that it has been churning out recently.

The coordinated attempts by cabal slave governments in Japan, the US and the UK to drastically curtail press freedom are signs of cabal desperation, not cabal power. They have lost control of the plot and somehow think they can put the genie back into the bottle by cutting off the truth. That is not going to happen.

The cabal appointed leaders in Canada, the UK and Japan are under attack on multiple fronts. In Canada a corruption scandal is closing in on Bush slave appointee Stephen Harper. In the UK, the passage of a draconian press law has triggered a massive anti-government campaign. In Japan, the gangsters who used to work for the cabal are no longer doing so, meaning the Japanese Parliamentary acting troupe will be reading from a new script. That has already been seen with the announcement last week of joint Japanese Russian military maneuvers. Expect more soon.

The end game of all this will be world peace.

Plus, if we are lucky, and it turns out alien races have been blockading us because of our criminal leadership, once we attain world peace we might be allowed off the planet and we will get the chance to explore the universe. If not, we will just have to work on making this planet really nice and fun.

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Top generals: Obama is “purging the military”

November 2nd, 2013 by

http://www.wnd.com/2013/10/top-generals-obama-is-purging-the-military/#9ElMRulhyektQ8gX.99

F. MICHAEL MALOOF

WASHINGTON – Retired Army Maj. Gen. Patrick Brady, recipient of the U.S. military’s highest decoration, the Medal of Honor, as well as other top retired officers, say President Obama’s agenda is decimating the morale of the U.S. ranks to the point members no longer feel prepared to fight or have the desire to win.

“There is no doubt he (Obama) is intent on emasculating the military and will fire anyone who disagrees with him” over such issues as “homosexuals, women in foxholes, the Obama sequester,” Brady told WND.

“They are purging everyone, and if you want to keep your job, just keep your mouth shut,” one source told WND.

Not only are military service members being demoralized and the ranks’ overall readiness being reduced by the Obama administration’s purge of key leaders, colonels – those lined up in rank to replace outgoing generals – are quietly taking their careers in other directions.

Retired Army Lt. Gen. William G. “Jerry” Boykin, who was with Delta Force and later Deputy Under Secretary of Defense for Intelligence under President George W. Bush, says it is worrying that four-star generals are being retired at the rate that has occurred under Obama.

“Over the past three years, it is unprecedented for the number of four-star generals to be relieved of duty, and not necessarily relieved for cause,” Boykin said.

“I believe there is a purging of the military,” he said. “The problem is worse than we have ever seen.”

Boykin points out that the military adheres to the constitutional requirement of a civilian leadership over the military. As a consequence, officers are not allowed to criticize their civilian leadership, as occurred when Gen. Stanley A. McChrystal was relieved in 2010 of his command of the International Security Assistance Force and commander of U.S. Forces in Afghanistan.

He was relieved due to what has been described as unflattering remarks made about Vice President Joe Biden and other administration officials in a Rolling Stone magazine article. He was recalled to Washington where Obama accepted his resignation as commander in Afghanistan.

Boykin says that because of the fundamental civilian leadership over the military, McCrystal was “appropriately forced to retire.”

Read the words of the Founders, in “America’s God and Country Encyclopedia of Quotations.”

Some officers were involved in adulterous affairs and those situations, Boykin said, also were grounds for dismissal.

Boykin specifically said that because of the civilian-military relationship, he did not see any prospect for a “coup” coming from the military ranks.

“People I’ve spoken to would like to see the military ‘fulfill their constitutional duty and take out the president,’” Boykin said. “Our Constitution puts a civilian in charge of the military and as a result a coup would not be constitutional. You’re not going to see a coup in the military.”

Nevertheless, Boykin said the future of the military is becoming more and more of concern, since colonels who would be generals also are being relieved of duty, if they show that they’re not going to support Obama’s agenda, which critics have described as socialist.

“I talk to a lot of folks who don’t support where Obama is taking the military, but in the military they can’t say anything,” Boykin said.

As a consequence, he said, the lower grades therefore have decided to leave, having been given the signal that there is no future in the military for them.

Boykin referred to recent reports that Obama has purged some 197 officers in the past five years.

These reports suggest these officers were suspected of disloyalty or disagreed with the Obama administration on policy or force-structure issues. As Boykin pointed out, a number of them have been relieved of duty for no given reason.

“Morale is at an unprecedented low,” Boykin said, part of which is due to sequestration.

Sequestration has seriously cut back operational readiness for the military to the point where Boykin said that often they have no ammunition and are unable to conduct training because of the planned cuts.

“These officers want to train for war but are not be allowed to” because of the preoccupation not only with sequestration, but what Boykin said were other concerns surfacing in the military under Obama as commander-in-chief.

He referred specifically to the recent repeal of “Don’t Ask, Don’t Tell,” which now allows openly homosexual personnel in the military. In addition, he said the integration of women into the infantry “will reduce readiness of units.” He also was critical of the rules of engagement which he says favor “political correctness over our ability to fight to win.”

“The last time we won an all-out war was in 1944,” Boykin said. “Now, we don’t have the will to win.”

Brady, who was a legendary “Dust Off” air ambulance pilot in Vietnam and detailed his experiences in his book, “Dead Men Flying: Victory in Viet Nam,” said, “The problem is military people will seldom, while on duty, go on the record over such issues, and many will not ever, no matter how true.

“I hear from many off the record who are upset with the current military leadership and some are leaving and have left in the past,” he said.

Brady referred to additional problems in today’s military including “girly-men leadership [and] medals for not shooting and operating a computer. This president will never fight if there is any reason to avoid it and with a helpless military he can just point to our weakness and shrug his shoulders.”

Brady made similar references in a recent article he wrote for WND in which he said “just when you thought the leadership of this government could not get any worse, it does. Never in history has an administration spawned another scandal to cover the current one.”

The reference was to the recent firing of a number of generals to mask “Obama’s serial scandals, all prefaced by lies – Fast and Furious, Benghazi, NSA, IRS” among others.

WND reported that three of the nine firings by Obama this year alone were linked to the controversy surrounding the Sep. 11, 2012, terrorist attack on the CIA special mission in Benghazi, Libya.

In one case, U.S. Army Gen. Carter Ham, who commanded U.S. African Command when the consulate was attacked and four Americans were killed, was highly critical of the decision by the State Department not to send in reinforcements.

Obama has insisted there were no reinforcements available that night.

But Ham contends reinforcements could have been sent in time, and he said he never was given a stand-down order. However, others contend that he was given the order but defied it. He ultimately was relieved of his command and retired.

Now, new information in the Washington Times reveals there were Delta Force personnel in Tripoli at the time of the attack and two members volunteered to be dispatched to Benghazi to assist in protecting the Benghazi compound, contrary to stand-down orders from the State Department.

Another flag officer involved in the Benghazi matter – which remains under congressional investigation – was Rear Adm. Charles Gaouette. He commanded the Carrier Strike Group.

He contends aircraft could have been sent to Libya in time to help the Americans under fire. He later was removed from his post for alleged profanity and making “racially insensitive comments.”

Army Major Gen. Ralph Baker was the commander of the Combined Joint Task Force Horn of Africa at Camp Lemonier in Djibouti, Africa. Baker contended that attack helicopters could have reached the consulate in time on the night of the attack.

“To understand the insufferable assaults on our military and veterans, who should be exempt from political squabbles but are often at the forefront of Obama threats, we need to understand the psyche of the elite in this country led by Obama,” Brady said.

“It is no accident that the president used the Obama sequester and shutdown to punish the military family,” he said. “It is part of his DNA. In fact it is in the psyche of the entire liberal/progressive establishment – the elite. President Clinton outed himself and this ilk when he declared his loathing of the military. Who could believe progressives/liberals care about veterans and military?”

Brady said that some people who fear for the future of the United States believe it needs to be “re-moralized.”

“We cannot survive without increasing patriotism, a youth schooled in the Constitution,” Brady said. “If the uncommon common American is to prevail against the elite, we need to return to the truths of our Constitution.

“We need to realize that this recent assault on the military and veterans is no accident,” Brady added. “It is purposeful. The elite loathe our military, the one sure guarantor of our freedom. These elite – not a shutdown or default – and their assault on the Constitution and our military are the real threat to our future.”

Army Major Gen. Paul E. Vallely similarly has been very vocal in his opposition to the Obama administration.

Vallely said the White House won’t investigate its own officials but finds it easy to fire military commanders “who have given their lives for their country.”

“Obama will not purge a civilian or political appointee because they have bought into Obama’s ideology,” Vallely said. “The White House protects their own. That’s why they stalled on the investigation into Fast and Furious, Benghazi and Obamacare. He’s intentionally weakening and gutting our military, Pentagon and reducing us as a superpower, and anyone in the ranks who disagrees or speaks out is being purged.”

Vallely served in the Vietnam War and retired in 1993 as deputy Commanding General, Pacific Command. Today, he is chairman of the Military Committee for the Center for Security Policy and is co-author of the book “Endgame: The Blueprint for Victory in the War on Terror.”

Duty personnel seem to back up this concern, suggesting that the firings are meant to send a message to “young officers down through the ranks” not to criticize the president or White House politics.

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The War On Us!

November 1st, 2013 by

http://www.libertylawsite.org/2013/10/27/the-war-on-us/

By by Angelo M. Codevilla    

Increasingly, the US government’s many police forces (often state and local ones as well) operate militarily and are trained to treat ordinary citizens as enemies. At the same time, the people from whom the government personnel take their cues routinely describe those who differ from them socially and politically as illegitimate, criminal, even terrorists. Though these developments have separate roots, the post-9/11 state of no-win war against anonymous enemies has given them momentum. The longer it goes on, the more they converge and set in motion a spiral of civil strife all too well known in history, a spiral ever more difficult to stop short of civil war. Even now ordinary Americans are liable to being disadvantaged, hurt or even killed by their government as never before.

Government’s violent treatment of citizens has become generalized and unremarkable. Consider.

This month in Washington DC, Federal police riddled with bullets a woman suffering from post-partum depression who, had she been allowed to live, might have been convicted of reckless driving, at most. She had careened too close to the White House and Capitol, but had harmed no one and her car had stopped. In the same month, California sheriffs’ deputies killed a 13 year-old boy who was carrying a plastic toy rifle. It is not illegal to carry a rifle, never mind a toy one. America did not blink. A half century ago, Alabama sheriff Bull Connor’s use of a mere cattle prod to move marchers from blocking a street had caused a national crisis.

In a casual conversation, a friendly employee of the US Forest Service bemoaned to me that he was on his way to a US Army base, where he and colleagues would practice military tactics against persons who resist regulations. A forester, he had hoped to be Smokey the Bear. Instead, he said, “we are now the Department of Provocation.” In fact every US government agency, and most state and local ones now police their ever burgeoning regulations with military equipment, tactics, and above all with the assumption that they are dealing with people who should not be dealt with any other way.

Modern militarized government stems from the Progressive idea that society must mobilize as for war to achieve “the greater good.” Hence we have “wars” on everything from hunger and drugs and ignorance and global warming. Reality follows rhetoric. Since the health of “the environment” is a matter of life and death, the Environmental Protection Agency must deal with “enemies of the planet” with armored cars, machine guns, and home invasions. Apparently, even the Department of Education has SWAT teams.

The general population is increasingly inured to violence. The latest “Grand Theft” video game, for example, involves torturing a prisoner. Fun. That is only one step beyond the popular TV show “24” in which the audience cheered the hero’s torture of terrorist suspects. Contrast this with Dragnet, the most popular TV cops drama of the 1950s, whose Sergeant Joe Friday knocked on doors and said “yes ma’m, no ma’m.”

But governments, including ours, do not and cannot oppress citizens equally.

Persons who possess the greatest power have the larger opportunity to direct blame and distrust, even mayhem, onto those they like least. Since the mid- 1990s, authoritative voices from Democratic President Bill Clinton to Republican New York Mayor Michael Bloomberg, echoed by the media have intoned a familiar litany: America is beset by racism, sexism, homophobia, and religious obscurantism, by domestic abuse, greed, and gun owners. These ills are not so different from those found in backward parts of the world where we fight “extremism” in order to fight terrorism. Indeed these ills argue for fighting extremism, indeed for nation-building in America as well as abroad. Who in America embodies extremism? Who is inherently responsible for social ills, including terrorism? Who will have to be re-constructed? No surprise: the ruling class’ political opponents: the conservative side of American life.

This has deep roots. In 1963, the ruling class imputed President John F. Kennedy’s assassination to the “climate of hatred” in conservative Dallas, Texas even though the assassin was a Communist. No less than Chief Justice Earl Warren indicted right wing “bigots.” Today, computer searches find that the term “extremist” correlates in the major newspapers with “conservative” or “right wing” at twelve times the rate it does with “liberal” or “left wing.”

The focus on “Homeland Security” has only added “terrorism” to our ruling class’ excuses for “going after” conservative Americans. And so, the Department of Homeland Security uses its intelligence “fusion centers” to compile ominously worded dossiers against such groups as “pro-lifers” and such “anti government activists” as “homeschoolers” and “gun owners.” The FBI infiltrates the Tea Parties as it once did the Communist Party. DHS conducts its “practice runs” against mockups of these groups. The IRS audits conservative groups.

Why not? President Barack Obama called these very groups “enemies of democracy,” and Vice President Joseph Biden has called them “terrorists.” Obama Administration spokesmen have referred to them as “jihadists,” “hostage takers,” persons “with bombs strapped to their chests, etc. Indeed a Rasmussen poll shows that 26% of the Obama Administration’s supporters – possibly not the least influential among them – regard the Tea Parties as the top terrorist threat to America.

No official act is needed for like-minded persons at the top of society to act in mutually pleasing ways. No law, no official policy, much less conspiracy is needed – only the prejudices and convenience, the intellectual, social, identity of those in power. Why should not officials all across the US government act according to their superiors’ opinions, to what they hear from the best people and what they read in the best media, indeed according to their shared beliefs?

Angelo M. Codevilla

Angelo M. Codevilla is professor emeritus of international relations at Boston University. His book Peace Among Ourselves and With All Nations is forthcoming from Hoover Institution Press.

OLDDOGS COMMENTS

Personally, I would like to thank the scumbags who have destroyed my country, especially that asshole in the oval office, as I cannot bring myself to say or write the words WHITE HOUSE anymore. You worms have fulfilled my life’s ambition of not fearing death or dying from some long drawn out nasty disease. I prefer a quick death with no misgivings. I say this because it seems imminent with all that’s being planned and presently happening. My only disappointment is Obuma most likely will never even know my name, let alone be among the swat team that brings these seventy three years to a close. So, my last hurrah is FUCK YOU OBUMA!

1-30-2013 11-34-56 AM1-17-2013 10-21-52 AM3-21-2012 12-48-22 PM3-19-2013 10-58-00 AM

11-1-2013 8-01-26 PM

 

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Expatriate or Revolution?

October 23rd, 2013 by

http://thecommonsenseshow.com/2013/10/22/expatriate-or-revolution/

By Dave Hodges

10-22-2013 6-48-59 PM

There is one undeniable fact that is emerging from the world of international finance, if you want to retain the money that you have earned, you are going to have to leave the country or you are going to have to overthrow the bankers that have hijacked your government.

I will not mince words, this means revolution in which your primary foe will be DHS and their 2.2 billion rounds of newly acquired ammunition and their 2700 armored personnel carriers. There is no middle ground, it is either fight or acquiesce. And the bad guys know this and this is why they have a plan to incrementally steal your money under false pretenses so as not to alert the masses and rouse them into a state of revolution. .  

How We Got In the Present Mess

The threat to your financial well-being has far less to do with the persistent and incremental theft of your money by the Federal Reserve, which has resulted in the value of your dollar eroding to a value of less than 4 cents over the past 100 years. The present day threat has to do with the outright theft of your bank account by new IMF policies.  

These same bankers, who have deflated the dollar and wrecked the economy, are coming after your pensions, as I have written about; and now the banksters want your bank accounts.

The IMF Is the Enforcer of the Global Elite

IMF director, Christine Lagarde, has been recklessly advocating for a wholesale seizure of 10% of all accounts in the Eurozone, but because there may be riots and even a revolution if there are wholesale bail-ins, the IMF has settled on a more incremental plan of economic subjugation in a which a 10% tax will implemented against all bank account holders in order to pay down the debt.

What the IMF and the central bankers are not telling you is that the debt can never be paid down because the primary source of the debt comes from the derivatives market which totals a minimum of one quadrillion dollars which is 16 times the entire value of the planet. In short, these banksters are merely trying to stay one step ahead of the burning bridge by stealing your pensions and bank accounts. And does anyone truly believe that these banksters will stop at looting just 10% of your bank account? When does 10% become 20%, which becomes 30%, which becomes 100%? This will be followed by the bankers issuing a neo-feudalism style of welfare to all citizens. Mark my words America, the 10% “tax” is just the starting point.  

Selling the “Tax” As a Tax on the Rich

The ultimate “gold-digger”

The IMF has repackaged Lagarde’s recommendation for a 10% tax on all banking accounts and is recommending that all developed countries make up their debt load by “taxing the rich”. This is the same game, just a different name. This game of semantics is based upon the belief that the people of ordinary means will accept a 10% initial hit on their savings so long as the rich are sharing in the pain. Really? Since when have the rich ever shared in the burden for anything? Last year, Warren Buffet bragged that his secretary paid more tax than he does. The rich do not pay tax, they are allowed by the IRS to accept payment for their services in off-shore foreign banks that the IRS does not solicit information from. You and I do not have access to the same tax evasion schemes because it often takes a minimum of $30-50 million dollars to open such an account in places like the Cayman Islands. Therefore, when Lagarde’s IMF tells you that you are going to be taxed (i.e. 10% of your bank account stolen) at the same rate as the rich, do not believe Lagarde and the IMF because they are lying through their teeth.

The coming global tax will be instituted through the central bank of each nation. This means that in the US, the Federal Reserve Banks of Bank of America, Wells Fargo, JP Morgan Chase et al., will be impacted. This means that the tax-dodge banks used by the global elite in the Cayman Islands will be exempt from this “tax” because they are not under the direct authority of a central bank.

Ask yourself, when you have been standing in the teller lines at the Bank of America, how many times have you seen Bill Gates, David Rockefeller, Warren Buffet, George Soros  and Donald Trump in the same teller line next to you? These banksters will not pay one dime in tribute to the IMF.  This entire burden, just as it is with the tax system, will be paid by the middle class of each nation. The elite do not bank where you do.

Global Elite Finance As a Second Language

If you want to truly understand where this is headed, you must become fluent in the language of the global elite and the first prerequisite understanding that you must acquire is that no developed nation is taxing the rich to any significant degree. A nation can say they are taxing the rich and they can even pass laws which state that they are taxing the rich, but no nation is truly taxing the rich. If a nation was to decide to actually to tax the rich, the money of the rich, and their corporate assets, would leave that country so fast that your head would spin because the developed nations of the world are in a race to the bottom in terms of recruiting corporations to relocate to their country by offering corporations and their elite owners huge tax incentives while passing along the corporate and banking debt load to what’s left of the middle class. Therefore, what does tax the rich really mean?

The New Version of Taxing the Rich

The statement, taxing the rich means that the elite are going to introduce what appears to be a universal program which will, on the surface, appear to tax everyone the same in order to pay for the massive debt that is crushing every country on the planet, namely, the derivatives debt.

In the last section of the 10% tax requested, in the IMF report, on page 58, it states the following:

“The tax rates needed to bring down public debt to precrisis levels, moreover, are sizable: reducing debt ratios to end-2007 levels would require (for a sample of 15 euro area countries) a tax rate of about 10 percent on households with positive net wealth... Simulations show that maintaining the overall budget at a level consistent with the IMF staff’s medium-term advice would bring the average debt ratio to about 70 percent of GDP by 2030, although in a few countries it would remain above 80 percent. However, the large debt stock, the uncertain global environment, weak growth prospects, and the absence of well-specified medium-term adjustment plans in systemic economies like Japan and the United States complicate the task.“

The Expatriation Option

This above-mentioned IMF analysis tells you quite clearly that their “debt reduction” plan is coming to Japan and the United States. So, perhaps you will decide like record numbers of Americans have already done, that it is time to go to a country such as Costa Rica or Norway and take your money with you. While it is true that you might be able expatriate to one of these countries, taking the bulk of your money with you is going to be a fundamental problem.

JP Morgan Chase has announced that they are stopping international wire transfers from private accounts and are limiting account holders to less than $50,000 cash withdrawals. In the past couple of days, HSBC (America) has announced the same basic policies. I expect that within the next 30 days, the Bank of America and Wells Fargo will follow suit. This is clearly a move designed to prevent capital flight from the United States so that the bankers will have easy access to your funds. Let’s take a big picture view, shall we? There can be no other conclusion than this nation’s megabanks are locking up the money supply that they have control over in preparation of implementing the 10% “tax” on you money.  

Even if you decide to give your money one small extra layer of protection and move it into a credit union, and then move your money out of the country, your efforts will largely fail. Because the $50,000 transfer prohibition applies to the transfer of your money to domestic banks as well. The banks are telling you that they own your money, and legally they are correct. Very soon, this expatriation option will disappear.

Your Bank Account Has No Protection

The FDIC has only about $25 billion in its deposit insurance fund, which is mandated by law to keep a balance equivalent to only 1.15% of insured deposits. If a banking collapse were to be on the near horizon, the banksters are not going to notify you because they would not want to incite a bank run. With only 1.15% of all deposits being insured by the FDIC, your money would be left vulnerable and only the elite would be warned as they quietly transfer their money to a safer haven. How do I know this? Because this is exactly what my research discovered on the money movements preceding the Gulf oil spill, as it ws revealed that on the morning of the explosion, Goldman Sachs issued a “put option for preferred insiders” in Transocean (the owner of the Deep Water Horizon oil rig) and the elite had their stock profit margin guaranteed while everyone else took a financial bath! This is the undeniable pattern of the global elite.

Additionally, your bank account has been collateralized against the derivatives debt. The bankruptcy reform laws stemming from the Bankruptcy Reform Act of 2005, derivatives counter-parties are given preference over all other creditors and customers of the bankrupt financial institution, including FDIC insured depositors. This gives what the experts call “super priority” in terms of the line of succession from which to collect bankruptcy monies. Bank of America has conspicuously co-mingled their derivatives debt with your savings account and as such they have every legal right use your money to cover their debt. Oh, they would never do that you say?  I have bad news for the uninformed, they already have done that very thing. In the MF Global debacle, the reason that MF Global  customers lost their segregated account funds was because the MF Global debt load was caused primarily because of their derivatives debt which, under bankruptcy laws, gave derivatives claimants super-priority in the bankruptcy proceedings. In short, you do not matter.

A Message to All Police State Surveillance Grid Employees

Hey NSA, while you are watching us, the IMF is watching your pensions and bank accounts.

To all of you in the NSA who are spying on Americans to determine who has been naughty or nice, your banks accounts and pensions will soon be gone as well. To all military and police, the same is true for you too. It does not make sense for any American to go along with this tyranny. Why would you people fight on the side of those who would rob you blind at the end of the day? Expatriate or Fight? The options are narrowing very quickly.

Tick, tick tick…..It is 5 seconds to midnight.

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