Categories » ‘CURRENCY COLLASPE’
September 7th, 2015 by olddog
The Central Bank policy of dumping precious metals onto the market to rig prices has come to an end. Soon, Central Banks will no longer have the ability to control the paper price of gold and silver as true market fundamentals will finally kick in. Unfortunately, when the decades long market rigging of the precious metals finally ends, most investors will not be prepared.
When we talk about Central Bank precious metal sales, most investors think of gold. However, Central Banks supplied a great deal of silver into the market over the past 50+ years. The United States was the world’s “Silver Sugar Daddy” during the 1960’s. I am putting together THE SILVER MARKET REPORT explaining this in detail.
As the U.S. Government depleted the last of its stocks of silver in the 1990’s, China, India and Russia supplemented the market over the past decade. This chart below, is from my THE SILVER CHART REPORT showing the Net Government Silver Sales since 2003:
From 2003 to 2013, these three governments (mostly China) sold a total of 454.2 million oz (Moz) of silver into the market. As we can see, net government silver sales were the highest from 2003 to 2006, continued to decline until 2013, and then dropped to zero by 2014.
If we combine Central Bank gold and silver sales over the same time period, we find a distinct change:
From 2003 to 2008, Central Banks sold 91.5 Moz of gold and 368 Moz of silver into the market. What is interesting to note here, is that the majority of gold sales came from Western Central Banks, while all the silver sales came from Eastern Central Banks. In a round-about way, the Western Central banks were supporting the gold price, while the Eastern Central Banks were supporting the silver price.
Of course, some investors would call this “manipulation hogwash”, but I can assure you… without Central Bank dumping of gold and silver on the market, the global fiat monetary system would have likely disintegrated years ago.
Now, let’s look at the gold and silver bars on the right hand side of the chart. After the collapse of the U.S. Investment Banking System and Housing Market in 2008, Central Bank gold sales dried up and silver sales declined significantly. From 2009-2014, Central Banks only sold 1.1 Moz of gold and 86.2 Moz of silver.
However, this is only part of the picture. While Net Government Silver sales continued until 2013, Central Banks actually starting buying gold in a big way in 2011. If we look the chart below, we can see the big change in Central Bank net gold purchases starting in 2010:
In 2009, net Central Bank gold sales were only 34 metric tons (mt), compared to 235 mt in 2008. As you scroll to the left of the chart, Central Bank gold sales reached a high of 663 mt (21.3 Moz) in 2005.
NOTE: Net Central Bank gold purchases shown in red are negative, because these figures represent sales into the market, while the gold-colored bars represent net purchases.
That being said, Central Banks dumped a total of 2,846 mt (91.5 Moz) of gold onto the market from 2003 to 2008, and consumed a net 2,301 mt (75.3 Moz) from 2009 to 2014. Here we can see a distinct change in net Central Bank gold purchases after the near meltdown of the U.S. and Global Financial System in 2008.
I believe the Central Banks (especially in the West) have run out of gold and silver to dump on the market. Thus, the END GAME for Central Bank precious metal rigging has arrived… it’s just a matter of time.
The huge volatility we are now experiencing in the oil and broader stock markets indicates BIG TROUBLE AHEAD. While some investors think it will take many decades for the Fiat Monetary System to unravel, I believe it’s just a matter of years…. maybe less.
If we see a serious collapse of the broader stock markets this fall, investors will likely ramp up their precious metals purchases in a big way. This will make the present shortage in the retail silver market even worse, thus causing it to spill over into the retail gold market.
The Great Precious Metals Reset is coming.
If you haven’t checked out THE SILVER CHART REPORT, there’s a great deal of information on the Silver Industry & Market not found in any single publication on the internet. There is one chart in this report (Chart #19) that I can guarantee that 99.9% of precious metal investors haven’t seen before.
CLICK HERE: For The Silver Chart Report
I use this bird’s-eye approach when I create my easy to understand charts. The Silver Chart Report is a collection of my top silver charts from articles published over the past six years, and includes in-depth, never-before-seen charts and content that indicate that silver is on the rise. There are 48 charts in the report, broken down in five sections.
Please check back for new articles and updates at the SRSrocco Report. You can also follow us at Twitter below:
As the price of silver skyrockets during the next global financial collapse, the Silver Market will become one of the world’s most explosive markets in the future. The Silver Chart Report is a must-read for the new and experienced precious metals investor. Most analysts focus on a certain area or sector of the silver market. However, the information in this report illuminates a holistic view of many sectors of the silver industry, capturing the relationships that connect many parts of the market.
The Silver Chart Report is a an updated collection of my top silver charts from articles published over the past six years, and includes in-depth, never-before-seen charts and content that indicate that silver is on the rise. There are 48 charts in the report, broken down in five sections:
- Silver Production
- Mining & Falling Ore Grades
- Official Silver Coin Sales
- Silver Price
- The Silver Market
Top of Form
$25.00 – Add to Cart
Bottom of Form
The charts in these five sections give the investor a broad background of the silver industry and market. Silver will likely be one of the most sought-after physical assets in the future. Why? There are several factors that will impact its price (value) in the future, and they are explained thoroughly in The Silver Chart Report.
One factor is the huge cumulative global silver deficit developed over the past decade. Basically, the world invested and consumed a lot more silver than total global output. How large was the silver deficit? This answer can be found on one of the charts in The Silver Market section of the report, and here’s a sample:
The global silver market suffered annual deficits nine out of 10 years reaching a staggering 930 million ounces over the past decade. To fill this large deficit, silver was supplemented by government and private stocks. The report shows how government silver sales have plummeted since 2005 and why China refuses to sell anymore of its official silver stocks.
The Price Of Silver Will Skyrocket In The Future Due To The
Collapse Of The U.S. Dollar & Highly Inflated Paper Assets
Investors need to be prepared for the upcoming collapse of the U.S. Stock Market, U.S. Dollar and U.S. Treasury Market. Physical assets such as silver will be some of the safest and most sought after when the Great Crash begins.
There are three reasons to purchase The Silver Chart Report:
1) It provides individuals who are new to the Silver Market with an overall background of the silver industry and market through simplified charts.
2) It offers more experienced silver investors and long-time readers of the SRSrocco Report a single publication that includes my top silver charts over the past six years AND many new ones never seen before.
3) The Silver Chart Report provides information and data on many areas of the Silver Market and industry not found in any other single publication in the precious metal trade industry today.
If you want to become better acquainted with the overall silver market, this report provides information and data not found in any other single publication in the industry.
Top of Form
$25.00 – Add to Cart
Bottom of Form
IMPORTANT NOTE: If you did not receive the report immediately after purchase, please let me know right away through my: CONTACT PAGE. . http://srsroccoreport.com/contact/
You should receive the report the very same day of purchase
September 2nd, 2015 by olddog
BRICS create “New Silken World Order” to bypass West’s monetary stranglehold.
By Ronald L. Ray —
In July, world-changing events occurred, portending the approaching end of Zionist-Anglo-American financial and geopolitical hegemony, but they were ignored deliberately by most Western media. On July 8-9, the seventh summit of the BRICS nations (Brazil, Russia, India, China, South Africa) took place in Ufa, Russia. There, the long-heralded New Development Bank (NDB) was brought finally into existence. However, it was not until July 21, following the official opening in Shanghai, that a few media outlets could force themselves to report half-heartedly about it.
Thanks, however, to analysis by the German-language website “National Journal,” AMERICAN FREE PRESS can bring to readers the deeper significance of the above events.
Die Welt set the tone on July 25: “Now the battle begins for the global monetary system. The foundation of the ‘New Development Bank’ could cause the global financial system to totter.”
As its own website states, the NDB is a “multilateral development bank operated by the BRICS countries . . . as an alternative to the existing U.S.-dominated World Bank and International Monetary Fund [IMF].” It is thus a sort of declaration of financial war against the international banking cartel owned and controlled by the Rothschild family.
The NDB’s stated goal is in direct opposition to the Zionist stranglehold on nations, their peoples and their resources: “The purpose of the bank shall be to mobilize resources for infrastructure and sustainable development projects in BRICS and other emerging market economies and developing countries to complement the existing efforts of multilateral and regional financial institutions for global growth and development.”
Since the infamous Bretton Woods agreement after World War II, which created the IMF and World Bank, the U.S. dollar has been the world’s reserve currency—the one nations have needed to engage in international trade, especially for oil. This has been a boon for the bankers, but not for smaller nations. The final knot in the financial noose was deregulation of commodities futures under former President William Jefferson Clinton, enabling the derivatives insanity.
As “National Journal” points out, IMF and World Bank “help” for developing countries always requires those nations to punish their people through “austerity,” while imposing “free trade” and “privatization” of various government enterprises, like public utilities and water supplies, to the detriment of the populace. Basically, the banksters become hidden dictators and seize the nation’s wealth. Multiple African countries that formerly fed themselves, for example, became dependent on giant multinational corporations, as local businesses were forced out and high prices starved the masses.
By contrast, the NDB is a positive alternative, whose charter prohibits wild speculation with funds and thus prevents profiteering. Mutual benefit for all parties is sought, not the unbridled exploitation and impoverishment of the common man exercised by the IMF and World Bank. The NDB is intended to create real wealth, not a mere transfer of wealth. As such, it may soon become the lender of choice for those nations tired of IMF piracy.
There is also no doubt that the NDB is intended to break the spine of Zio-American world hegemony. Former German Finance Minister Oskar Lafontaine once quoted former Treasury Secretary Lawrence Henry “Larry” Summers: “The IMF is an instrument of American global policy,” intended to preserve U.S. economic and military supremacy in the world. And it is no secret that the BRICS nations seek to break free of that enslavement.
But the effort to create a Eurasian economic community, free of Western financial shackles, does not stop with the NDB. Russia and China are developing an alternative gold market, founded on physical possession of that commodity, not pieces of paper.
More significantly, there is ever-broadening military coordination and mutual support through the Shanghai Cooperation Organization (SCO), which currently comprises China, Russia, Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, India and Pakistan. Recently, Egypt and Iran have expressed interest in joining.
That has the weasels of Wall Street terrified. The Rothschilds never take threats to their debt-slavery empire lying down. The idea of billions of people free of their usurious chains is intolerable, but billions of free people with massive military might to defend themselves have the financial pharaohs frantic.
“National Journal” suggests this explains Barack Hussein Obama’s opening to Iran, which is a critical geostrategic crossroads. In order to save their empire, the banksters have left even Israel in the lurch. That same terror may also be behind many of the recent “spontaneous” demonstrations by “hundreds of thousands” of Brazilians against their president.
It is consequently no surprise that the sycophantic U.S. military taunts Russia and China on their very borders and is preparing to wage a war of aggression, which can only bring about the—most likely nuclear—annihilation of billions of men, women and children.
Ronald L. Ray is a freelance author and an assistant editor of THE BARNES REVIEW. He is a descendant of several patriots of the American War for Independence.
August 29th, 2015 by olddog
By Joyce Rosenwald
On the night of December 23, 1913 the United States Congress passed the Federal Reserve Act and thereby committed the greatest act of TREASON in history. It surrendered this nation’s sovereignty and sold the American people into slavery to a cabal of arch-charlatan international bankers who proceeded to plunder, bankrupt, and conquer this nation with a money swindle.
The “money” the banks issue is merely bookkeeping entries. It cost them nothing and is not backed by their wealth, efforts, property, or risk. It is not redeemable except in more debt paper. The Federal Reserve Act forced us to pay compound interest on thin air. We now use worthless “notes” backed by our own credit that we cannot own and are made subject to compelled performance for the “privilege”.
From 1913 until 1933, the United States paid the “interest” with more and more gold. The structured inevitability soon transpired: the Treasury was empty, the debt was greater than ever, and the United States declared bankruptcy. In exchange for using notes belonging to bankers who create them out of nothing on our own credit, we are forced to repay in substance (labor, property, land, businesses, resources, life) in ever-increasing amounts. This may have been the greatest heist and fraud of all time.
When a government goes bankrupt, it loses its sovereignty. In 1933 the United States declared bankruptcy, as expressed in Roosevelt’s Executive Orders 6073, 6102, 6111, and 6260, House Joint Resolution 192 of June 5, 1933, confirmed in Perry v. United States, (1935) 294 U.S. 330-381, 79 L.Ed 912, as well as 31 USC 5112, 5119, and 12 USC 95A. The bankrupt United States went into receivership, reorganized in favor of 115 creditors and new owners.
In 1913, Congress turned over America… lock, stock and barrel to a handful of criminals whose avowed intent from the beginning was to plunder, bankrupt, conquer, and enslave the people of the United States of America and eliminate this nation from the face of the earth. The goal was, and is, to absorb America into a one-world private commercial government, a “New World Order.”
On March 9, 1933 President Roosevelt called for the passing of The WAR POWERS ACT TITLE 12 USC. Section 95 (a) and 95 (b). This act declared all United States Citizens to be the enemy of the United States Government, and placed us under permanent Emergency Rule, bypassing Constitutional constraints on government.
With the Erie R.R. v Tompkins case of 1938, the Supreme Court confirmed their success. We are now in an international private commercial jurisdiction in colorable admiralty-maritime under the Law Merchant. We have been conned and betrayed out of our sovereignty, rights, property, freedom, common law, Article III Courts, and The Bill of Rights has been statutized into “civil rights” in commerce. You have destroyed the Republic. America has been stolen. We have been made slaves, i.e. permanent debtors, bankrupt, in legal incapacity, renderedcommercial “persons,” “residents,” and corporate franchisees known as “citizens of the United States”
Since 1933 what is called the “United States Government” is a privately owned corporation of the Federal Reserve/International Monetary Fund. It is merely an instrument whereby the bankers administer their ongoing subjugation and plunder of what was once considered “the last great hope of human freedom.” All “public servants,” officials, Congressmen, politicians, judges, attorneys, law enforcement officers, States and their various agencies, etc., are the express agents of these foreign principals – see Foreign Agents Registration Act of 1938; 22 USC 286 et seq, 263A, 185G, 267J, 611(C) (ii) & (iii); Treasury Delegation Order #91 – who have stolen the country by clever, intentional, and unrelenting fraud, trickery, treachery, non-disclosure, miss-representation, intrigue, coercion, conspiracy, murder. If there is a greater tragedy in human history it is hard to know what it is.
An insidious aspect of this is that “officials” like you may think you are “public servants,” are upholding the “law,” or other hoaxes. In truth you are conscientiously and assiduously serving the archenemies of yourselves, your own rights, your fellow citizens, continued human rights, life, and freedom in general. YOU are seditiously administering the plunder, bankruptcy, conquest, destruction, dismantling, and elimination of your country. YOU are systematically defrauding, extorting, impoverishing, and injuring human life on the basis of crimes and lies of such magnitude, depth, and proportions as to be beyond human comprehension.
Now you believe you can sell this nation to foreign powers with the stroke of a pen by Executive Order 12803, April 30, 1992.
By so doing, you are committing TREASON and PERFIDY so immense as “to make the angels weep.” If you and your fellow “officials” do not understand the real situation, you are ignorant, naive, deceived, and conned. You are sheer dupes. If you do know and are parties to it, you are guilty of evil and heinous BETRAYAL. You are in such case TRAITORS and CRIMINALS. All of you “in power” are therefore, either fools or knaves, either of which eminently invalidates your “authority” and renders null and void absolutely all-moral obligation to pay allegiance or to obey the TREASONOUS SYSTEM you enforce with such mechanical viciousness.
If, you, “public servants” had any shred left of humanity, awe, heart, clarity, sanity, access to your true being and conscience, you would instantly resign and do everything possible to inform the American people of their plight and help us retrieve our rights and our country. Only by such means can you even begin to atone for your endless crimes against humanity, the lives you so arrogantly and mindlessly butcher with the “meat-grinder of the law.”
What do you think the American people will do as they discover that they have no more country, that they are slaves to mortal enemies, that they have been tricked and betrayed by their “leaders” who sold them out? What do you think they will do when they realize that all their alleged “public servants” are willing or stupidly compliant parties to the plunder, bankruptcy, subjugation, and ruin of their lives and country?
There is no acceptable excuse for what you have done. You cannot engage in bringing harm to life and, like the Nazi’s defense at Nuremberg, presume that because you do so under the “authority” of an imaginary, abstract, unreal legal fiction called “government” you are freed of the consequences of your acts. Moral and natural law are not obviated by ignorance, hubris and self-righteous militancy. Your entire system – from the ground up – is deceit and fraud. It is illicit in essence and ab initio. As Broom’s Maxims 297, 729 put it: “A right of action cannot arise out of fraud.” Honor is earned by honesty and integrity, not under false and fraudulent pretenses. The color of the cloth one wears cannot cover up the usurpations, lies, and treachery. “When black is fraudulently declared to be white, not all will live in darkness.”
More and more Americans are awakening to the truth. What do you think the American people will do as they discover that they have no more country, that they are slaves to mortal enemies, that they have been tricked and betrayed by their “leaders” who sold them out? What do you think they will do when they realize that all their alleged “public servants” are willing or stupidly compliant parties to the plunder, bankruptcy, subjugation, ruin and destruction of their lives and country? Thomas Jefferson wrote: “An honest man can feel no pleasure in the exercise of power over his fellow citizens.” Lincoln said: “Just as I would not be a slave, neither would I be a master.”
I will not participate in your corrupt, arrogant, and cruel fraud, either as perpetrator or victim. I will no longer sit here and writhe. The TYRANNY over this nation MUST END! End Emergency Rule. Repeal all laws passed under Emergency Rule. Give us back our substance and our law. Give us back our Republican form of government.
If you continue with this course, you will have natural and moral law and higher powers to answer to, not to mention all those you have wronged under color of law. You will have your own laws turned against you, as you have turned the law against us. To transform the shield of protection into a sword of exploitation, subjugation, and plunder is perfidy. I am an American. My destiny is to live as a freeman on the land my forefathers conquered and that I will fight to keep.
You have now been placed on notice. All further actions on your part will be willful!
Resolutely, from an American who demands their country back
See also Parens Patriae – Government as Parent
Joyce Rosenwald died in July 2011. While her web site has disappeared, Angela Stark of My Private Audio has maintained a web page in her honor which includes an excellent interview with Joyce as well as some of her research. Joyce lived in California and exposed some really important facts regarding the STATE OF CALIFORNIA and its judges. Web page for Joyce Rosenwald
August 26th, 2015 by olddog
By Jon Rappoport
August 24, 2015
(To read about Jon’s mega-collection, The Matrix Revealed, click here.)
The powerful Globalist players at the Council on Foreign Relations, the Bilderberg Group, and the Trilateral Commission are certainly watching the presidential campaign of Donald Trump.
Trump has already made statements about immigration they find troubling. They may or may not be taking Trump’s presidential run seriously. They may or may not view him as an inconsequential blowhard, a shoot-from-the-hip cowboy who forgets today what he said yesterday—but today the New York Times has made reference to Trump in a way that will make these Globalist heavy hitters pause and blink while drinking their morning coffee (Here in “As Stock Market Plunges, Donald Trump Takes a Worldview” by Alan Rappoport):
“Mr. Trump has said that bad trade deals with China and Mexico are to blame for a sluggish American economy and weak job creation. He has promised to make ‘great’ deals with other countries to protect American workers and has threatened to raise taxes on imports to the United States to bolster domestic production.”
It’s the last part that rings alarm bells and shoots firecrackers into the sky:
“[Trump] has threatened to raise taxes on imports to the United States to bolster domestic production.”
Taxes on imports. Also known as tariffs.
Every significant trade-treaty negotiated since 1945 has been aimed at lowering or eliminating tariffs, in order to establish Globalist “free trade.”
Treaties like GATT, NAFTA, CAFTA, for example; as well as the current TPP and its cousins.
Free trade is code for: mega-corporations and banks can roam the planet and set up shop anywhere they please. They can bankroll and build production facilities, produce cheap goods, and sell them anywhere in the world without paying tariffs.
Tariffs would make that whole operation useless. It would defeat mega-corporate greed and ambition internationally.
“We’ve got these factories making gizmos in East Nowhere, we’re paying workers four cents an hour, we’ve got no environmental/health regs and rules that would raise production costs, there are no worker unions, and we’ve therefore got a big edge on our smaller competitors, because we can ship these gizmos anywhere in the world and sell them cheaper than they can, and all of this is possible because we pay no tariffs. If there were stiff tariffs, we’d have to shut down the whole scene, pack our bags, and leave…”
Globalism, at one level, is all about erasing tariffs.
Whether in a momentary fit, or by serious intent, Trump has crossed swords with the Globalists.
President Nixon tried that for a few moments in the early 1970s, and betrayed his main sponsor, David Rockefeller. Nixon erected a few tariffs to save American-based companies.
Rockefeller was and is Globalism personified.
Soon, Nixon found himself on a helicopter heading away from the White House for the last time.
Trump might want to think about pumping up his security detail.
He’s just stumbled into the Twilight Zone where money makes money for money making money. Trump $$$ is nothing compared with Globalist $$$.
He’s just pulled the pin on a quiescent grenade in the world of mainstream media, where the subject of tariffs is a no-no.
“Reggie, Klaus here. I was just reading the Times this morning. Did you see the reference to Donald Trump? Tariffs? Maybe we should take a second look at this lunatic. If he presses forward with the idea of protecting American businesses, and it catches on, and people figure out what he’s saying…if he figures out what he’s saying…we could have a problem. If all sorts of business people—I don’t mean people like us—but ordinary business people see a chance to come back to life…with tariffs to protect them…Trump’s campaign could take on a new dimension. We’d have to do whatever it takes to stop it…”
Yes, if the American people figure out that the new normal economy, as miserable as it actually is, is linked like a lock and key to the Globalist plan; if the American people figure out that no recent American president, including Obama, had any ambition whatsoever to lift up the American economy; that all these presidents are liars of the first order; something might happen.
If Trump, jumping and leaping and cavorting, suddenly grabs on to that secret and that issue, and tells the American people that their jobs really disappeared because of Globalist trade deals and no-tariffs…and he keeps growling and slathering and foaming…
He’s definitely caught the attention of the big-time Globalists at the CFR, the Trilateral Commission, and the Bilderberg Group.
Note to The Donald: Step up your security, and watch all the bankers you do business with very carefully. They will try to find a way to cut you off at the knees. You just stumbled into the Globalists’ private game preserve. They don’t like that shit.
The author of three explosive collections, THE MATRIX REVEALED, EXIT FROM THE MATRIX, and POWER OUTSIDE THE MATRIX, Jon was a candidate for a US Congressional seat in the 29th District of California. He maintains a consulting practice for private clients, the purpose of which is the expansion of personal creative power. Nominated for a Pulitzer Prize, he has worked as an investigative reporter for 30 years, writing articles on politics, medicine, and health for CBS Healthwatch, LA Weekly, Spin Magazine, Stern, and other newspapers and magazines in the US and Europe. Jon has delivered lectures and seminars on global politics, health, logic, and creative power to audiences around the world. You can sign up for his free No More Fake News emails here or his free Outside The Reality Machine emails here.
I am sorry to tell all you good folks that your hope and change dream just turned into nightmare, because “The Donald” just stepped on the wrong toes. However, when Trump is eliminated by the BIG BOYS maybe the outrage will sweep across the country and wake up the zombie voters, who will then figure out it has been a con game from the get go. The International Banking Cartel owns everything and they will nuke the whole earth before handing over our freedom to govern ourselves. You can take THAT to the bank! This shitstorm is the result of the people being too lazy to keep an eye on the bankers in the beginning, and continues to this day. Ignorance is not BLISS, it’s suicide!
Something might change.
August 21st, 2015 by olddog
The ‘Asset Development Plan’ for Greece is out and it’s all go for the privatization of the country. Hellenic sea ports, air ports, motorways, petroleum companies, water and gas supply, real estate, holiday resorts – it’s all for sale……………………. Is America Next?
© FLICKR/ MELISSA MAPLES
Occupy Greece: Germany Wins Bid to Run Regional Airports
Debt laden Greece has been forced to sell the family silver in an all too familiar tale with ancient history repeating itself.
The Hellenic Public Asset Development Fund has been published by German Green MEP Sven Giegold who said the Greek people “hardly know” what will be sold off and that they have “the right” to know.
The selling of Greek assets to raise $56 billion (€50bn) was demanded by Greece’s creditors, the Troika. The document reveals that 66 percent of a gas distribution and processing firm will be sold to Azerbaijan; 35 percent of Greece’s first oil refinery firm will be sold off along with 17 percent of its electricity distributor and 65 percent of gas distributor Depa.
All rail and bus services will go under the hammer — along with the Greek telephone and postal service.
Even before the bailout deal was completed and the money arrived safely in the Greek banks, the Germans had won their bid to take over 14 Greek airports for the next 40 years, paying $1.36 billion (€1.23bn) for the privilege.
FRAPORT will own and operate Greece’s most popular tourist island airports.
Of the $56 billion (€50bn) needed in asset stripping and bank shares, only $8.69 billion (€7.7bn) has been agreed so far.
Nick Dearden, economic expert and campaigner, says it makes “no sense to sell off valuable assets in the middle of Europe’s worst depression in 70 years.”
Writing in Global Justice Now, Dearden says: “The vast majority of the funds raised will go back to the creditors in debt repayments, and to the recapitalization of Greek banks.
“From German airport operators and phone companies to French railways — who are getting their hands on Greece’s economy. Not to mention the European investment banks and legal firms who are making a fast buck along the way.
“The self-interest of European governments in forcing these policies on Greece leaves a particularly unpleasant flavor…workers will be sacked and their conditions made worse, while the elite of Europe profits.”
Dearden continues to offer a scathing attack on the asset stripping of Greece.
“Privatization in the context of the bailout accord is tantamount to expropriation, like forcing a bankrupt to sell the family silver in order to pay off debts…the victorious Northern European governments are now inviting their companies to partake in the spoils.”
It seems ancient history is repeating itself.
In 1871, the ancient Greek city of Troy was crudely excavated by German businessman and archaeologist Heinrich Schliemann using dynamite which destroyed many significant artifacts; his exploration methods condemned.
But the spoils of Troy always remained in Schliemann’s hands — who in 1884 handed the entire collection to Berlin. Today’s Greek spoils are in the hands of the Troika which will oversee every deal made and decide where the money goes.
This is the results of the monopoly frenzy that’s been going on all over the world in the last hundred years. Now the major stock holders of the consolidation project (“The International Banking Cartel”) are going to own the majority of world commerce. This is what it’s always been about. Control of the energy, food, natural resources, and currency will give them absolute control of all the people. Those people now planning a family are going to be contributing to slave production. That is, IF they are allowed to reproduce. The only possible recourse we have is to eliminate the Cartel! OR! BEND OVER AMERICA , YOU’RE NEXT!
August 20th, 2015 by olddog
Can anyone stop the overweening lunacy of the banking oligarchs? No more than anyone can stop pythons from devouring rabbits at play. Our bankers are not honorable. They are not farsighted. And they have set in motion forces that no human effort can avert. Moreover they long ago formed a deathly co-op with history’s most deplorable criminal element – the state. This has given them a free pass to indulge in ugly asset corpulence and hideous irresponsibility. It has hidden the true state of their criminality from realization by good men and women. The banking oligarchs and the power they have over us today are the result of a long train of poisonous ideas descending upon the American republic over the past 120 years.
It began with the coming of socialism to Europe and its Fabian migration to America at the turn of the century. Capitalism, the Fabians preached, is the root of all evil with its insistence on gold as money. Its freedom is no longer possible in the modern world. It brings to mankind uncontrollable booms and busts and horrific poverty. There is no cure for capitalism. It must be burnt at the stake of its egregious altar – free banking. Free banking is responsible for wild cycles, and gold stifles productivity when needed. Only by centralizing the great network of free banks that capitalism creates and shifting from rigid gold money to flexible paper money can abundance and stability be brought to modern life. Thus was ushered in America’s reign of “easy money” with the inception of the Federal Reserve in 1913.
The Lure of Easy Money
Prior to 1913 we had resisted the lure of easy money, a curse that goes back to early civilization. Governments of history have always partaken in monetary debasement to create the illusion of prosperity. Our Founders realized this and preached against any kind of paper money. But their wisdom lasted only 125 years.
Easy money is like promiscuous sex. The two lures promise sensual delight and prosperity, and they do deliver such for various periods of time to their partakers. But ultimately they erode self-worth (for the female) and degrade the store of value that money represents for society. Bleakness and disaster are their ultimate denouements.
The media of the day, however, were eager to endorse this glorious shangri-la of perpetual prosperity that was sold to them as the Federal Reserve. “All progressive thinkers now realize,” they hammered home to us, “that banking must be centralized and controlled in Washington. Only then can booms and busts be eliminated. Only then can true stable wealth be produced.”
The fact that just the opposite has taken place over the past 100 years of this maniacal experiment in giving to government the power to create money escapes the awareness of pundits on the political left because clarity and reason do not move pundits on the left. Getting more out of life than they are willing to put in moves them. Denying the existence of Natural Law moves them. These two obsessions blind them to the irrational mega-statism that they so ritualistically worship in face of every problem that life thrusts upon us. Their worldview belongs to Alice in Wonderland. Words mean what they want them to mean. Objective reality is optional in their mind.
Because the pundits of the left have been taught the misconceptions of socialism, they fell prey to John Maynard Keynes in the 1930s who believed that capitalism had reached its “mature stage” and would never again be able to “generate sufficient demand.” Thus it needed massive government intervention into banking and the creation of money by those in Washington.
But capitalism has no such thing as a “mature stage.” It is eternally renewable as long as it is left free to recharge itself. The flaw in Keynesianism is that it was not capitalism that brought us the Great Depression; it was government intervention into capitalism via the Federal Reserve and its irresponsible inflation of the money supply that created a massive boom throughout the 1920s that had to eventually crack up and collapse.
All Keynesianism does is to exacerbate the normal cycles of laissez-faire and turn them into dangerous monster cycles via massive injections of credit, i.e., DEBT. If left on a gold standard, this cannot happen. Only the normal cycles of laissez-faire will come about, which quickly self-correct if left alone. Keynesianism is the classic case of government intervention creating economic distortions that it then uses as an excuse for more interventions, which then create more distortions. Eventually the distortions reach epic proportions such as we have today.
The solution is to restore a free market in banking. Take the control of money out of government hands and let the marketplace determine what is to be used. It will always pick gold and silver, which cannot be inflated and thus will not bring about massive booms and busts. Keynes was catastrophically wrong in thinking that gold and the free market caused the Great Depression. The cause was the paper inflation that came from the creation of the Fed in 1913. Numerous Austrian economists have demonstrated this quite brilliantly – Murray Rothbard in America’s Great Depression and Ludwig von Mises in Human Action, for example. It is this crucial mindset that our intelligentsia must grasp if we are to get back to a free society and avoid the New World Order being prepared for us by the banking oligarchs.
The Tragedy of Modernity
Thus the tragedy of modernity. Political collectivists have swept over our country like a plague of infected rats in the days of Black Death. And they are destined to bring the same degree of upheaval to us that came to Europeans in the 14th century because of the rodents infesting their societies. Pathogenicity is not limited solely to physical life. It also plays a very prominent role in ideological life and comprises the evil factor in forming the tidal waves of history that sweep the shores of human endeavor over the millennia. The other side of the equation is that of salubrity and heroism which drive humans toward truth and propriety. Herein lies the great clash of good and evil that we find to be the metaphysical base of all meaning for our lives.
Unfortunately, the pundits of the left like Paul Krugman and Thomas Friedman, and talking heads like Chris Matthews and Rachael Maddow dominate the scene and are lost in the utter irrationality of their philosophical fundamentals learned long ago in the formative years of their Fabian youth. Together with the equally warped neoconservatives, they control ten times the air space that the American freedom movement controls. Thus the country drifts toward an apocalyptic collapse.
What is coming is the end of the world as we know it. There will be no recovery from the Marxian-Keynesian disease and its vast rodent spawn of minds like Krugman, Friedman, Matthews, Maddow and their 20th-century mentors. There will be only chaotic economic crashes mixed into a steady, drizzling dissolution of culture and hope, prosperity and faith, politics and freedom proceeding from now into an indeterminate future.
But out of every downfall comes the inevitable effort to right the requisites of existence. Humans are seekers of truth in the long run. They desire the good rather than the evil even though they get hypnotized by the latter for long stretches of time. So for those of us who grasp the overwhelming idiocy of the collectivist Weltanschauung, sanity drives us to seek out one of two avenues: 1) drop off the grid and find a safe haven to ride out the coming storm, or 2) attempt to forge a resistance movement to fight the purveyors of what surely will be a Tyrannical World Order foisted upon us by the banking oligarchs in the coming storm. Both avenues have their appeal. One’s particular persona will dictate which is the preferred.
Nelson Hultberg is a freelance scholar/writer in Dallas, Texas and the Director of Americans for a Free Republic, www.afr.org. A graduate of Beloit College in Wisconsin, his articles have appeared in such publications as The American Conservative, Insight, Liberty, The Freeman, The Social Critic, The Dallas Morning News, and the San Antonio Express-News, as well as on numerous Internet sites. He is the author of The Golden Mean: Libertarian Politics, Conservative Values. Email: NelsonHultberg (at) afr.org
August 19th, 2015 by olddog
By Brandon Smith
The average person is a statist, whether he realizes it or not. It is important that liberty activists recognize and accept this fact because the truth of our limitations as a movement determines the kinds of solutions into which we should ultimately put our time and energy. The fantasy of a final grand march of an awake and aware majority on the doorsteps of power is just that: a fantasy. Some people might argue that given more time, such an event could be organized or could happen spontaneously. But these people seem to forget that the immediacy of any crisis inspires awareness and cuts the bindings of complacency for only a certain percentage of any given population. With “more time” often comes more complacency, not less.
So, history becomes a kind of balancing act, with crisis generating the necessity of intelligent and moral action in some people but rarely, if ever, in most people (even during the American Revolution, in which patriots represented a stark minority). The reason that the culture of freedom consistently plateaus and remains stuck at underdog status is because human beings are, first, often acclimated to the idea that crises are things that only happen to other people, and, second, they are obsessed with the idea that governments should retain prohibitory and administrative power over the public as a means to “prevent” crisis from occurring (the sheepdog and sheep mentality).
Not all people necessarily “love” their current government, but many citizens tend to see the idea of government as an inevitability of a stable society. They assume pre-eminence of the state because they have never known anything else. Not only that, but as people separate into political and ideological factions, often based on false paradigms (such as the false left/right paradigm), they covet government as a kind of tool or weapon that can be used for “the greater good” if only their side had total control of it. Very few people in this world want to shrink government down to a manageable size comparable to that which existed just after the American Revolution, and even fewer would entertain the idea of erasing central governments entirely. The allure of the federalized state as a means to impose ideological control over others is intoxicating.
Central planning acolytes see society as a a single unit, or engine, in which all the people are parts rather than autonomous individuals. They believe that if any part acts outside of the bounds of the engine, the entire machine could break. According to their fuzzy logic, everything you do as an individual affects everyone else, therefore, the collective state must mold and control each individual’s behavior in order to ensure that what you do as a singular person does no harm to the whole. This philosophy is the primary rationale for EVERY push for centralization, but it is based on a faulty premise.
Governments are run by people, people commonly more flawed and corrupt than the average citizen. Central planners adore the use of government as a means to rein in populations and to compel conformity and “oneness”, but centrally planned systems always revert to a divided structure in which a criminal minority separates itself from the collective in order to rule over that collective. The elites actions violate the integrity of the engine as they attempt to drive the engine according to their own twisted ideals, leading to disaster and the end of the supposedly safe environment which the central planners had originally claimed was the benefit of central planning. Thus, the central planning model is an inherently self destructive and foolish one.
At bottom, the only viable purpose of any central government is to safeguard individual liberty. All other claims and supposed benefits are irrelevant. Infrastructure, food and water, health, education, public security, etc: All of these issues can be provided for voluntarily at a local level by common people without the aid of a central authority. The original intent of the U.S. Constitution and Bill of Rights was to LIMIT government to the job of ensuring the continuance of a free citizenry. One could certainly argue that that role has been lost; not because of the constitution itself, but because of the lack of vigilance needed to defend the integrity of the constitution. One could also argue that the very nature of a federal government is one of inevitable corruption; many of the founding fathers did as the document was drafted, after all.
I will say that the constitution and the Bill of Rights are representations of natural law and inherent conscience, and it has taken elitists over two centuries to mostly dismantle them. At this point, a complete end to any form of federalization may be called for, but the founders certainly tried their best to create a government system that could be controlled by the people.
It was war, of course, that was used to dismantle constitutional protections…
Most of the outside or foreign threats we face today as a nation (threats often used to rationalize centralized government and standing armies) or have faced in the past century were directly or indirectly CREATED by our own government apparatus and by the banking class through covert means. Funding and training of Americas future enemies has been a grand pastime for the power brokers and politicians that reside in this very country. Without such people and the structures they exploit, it is not outlandish to suggest that the past hundred years could have been a period of peace and prosperity rather than mass death through engineered war, state culling, and mass enslavement through artificial debt constructs.
In a culture where vigilance is encouraged rather than labeled paranoia, in a culture where productivity is enabled rather than obstructed, in a culture where free thought is treated with interest rather than disdain, government holds no value.
The only people who understand the true nature of government and still value the existence of an overreaching state are the people who would like to take advantage of the unchecked power such a state affords. We often call these people “elitists.” They often call themselves elitists. Big government serves only the interests of these elites. Everyone else is either a hapless victim of it, a useful idiot in service of it, or a revolutionary opposed to it.
When a government becomes a power mechanism for a select few, it has lost all relevance. When a government like ours here in America violates the tenets of individual liberty despite its constitutional mandate, in the name of “protecting” individual liberty, that government no longer serves any purpose. Even further, when a government’s policies are designed only to ensure its own continued dominance rather than the freedom and prosperity of the citizenry, that government becomes separate from the people and is, by extension, an enemy to the citizenry.
Governments and the elites behind them retain control over populations through the use of central planning. Central planning is essentially a bureaucratic structure that bottlenecks productivity, resources, academia and ideas until all progress and expression require approval. That is to say, central planning is a machine that turns rights into privileges. It also sets up bureaucracy as the final arbiter of who is considered an authority in any particular field and who is a “layman.” These designations are not based on individual ability, intelligence or accomplishment. Rather, they are based on subservience and the level of blind faith in the establishment each person is willing to display in order to attain professional status.
Some of the most ignorant people in any given field or profession are often those deemed “experts” by establishment institutions, from politics, to law, to medicine, to economics, to science, to history, etc. The sad fact is mainstream experts are rarely the most knowledgeable, but they are the most indoctrinated.
As central planning gains ground, it moves away from more subtle institutional dependencies into full-bore tyranny. The line between permission and despotism is razor-thin, and this is where we in the U.S. stand today. Most nations around the globe are socialized nations, with central planning as the very foundation on which their societies stand. For the most part, these cultures are disarmed and servile with a modicum of perceived freedom that is treated as a privilege granted by the state rather than an inborn right of natural law. Yes, many societies have “freedoms,” as America does; but the difference is that these societies can have their freedoms confiscated at any given moment on the whim of the political elite. They have no recourse to obstruct such an action and no power to remove the offending system that rules over them when they finally get fed up.
In the U.S., central planning is surely prevalent and socialization is on a fast track. But Americans, whether they know it or not, still retain the ability of independent response — as we saw at Bundy Ranch, for instance, or in the defense of shopkeepers in Ferguson, Missouri, despite threats from government. We will lose our advantage of independent action if we allow the following changes to occur within our culture without a fight.
A disarmed population is utterly useless, philosophically and organizationally impotent, and easily ruled. Take a look at simpering weakling societies like the U.K., which prohibits anyone under the age of 18 to purchase plastic knives and punishes victims of crime for physically defending themselves. Governments that seek to undermine personal liberty ALWAYS disarm their respective populations if they can get away with it. In America, the only reason we have not yet been disarmed is because the establishment understands that revolution would immediately follow any attempt and that revolution would be seen as justified. I believe ultimately that disarmament in the U.S. will not be fully attempted until after a national crisis has been triggered.
Centralized Health Standards
The real purpose of Obamacare was not to provide universal health insurance. Such a task is utterly impossible in an economic system that is in the midst of decline with an aging population and reduced profit opportunities for the young. Socialism works only as long as there is someone from whom to steal money and resources. No, the purpose of Obamacare was to bond the healthcare industry to government in such a way as to make it an official appendage of the state.
Already, we have seen the push for the use of doctors as government informants, the issuance of forced vaccinations regardless of religious orientation or philosophical objection, increased taxation in the name of “harmonization” of care, etc. Beyond all this, the system must continue to perpetuate its own usefulness. And, I have no doubt that one day we will see such things as mandated health appraisals of individuals up to and including psychological health, as well as restricted care based on age, life habits or even ideological orientation. If the state can have your flight status restricted merely for your political beliefs, then why not one day have your access to medical care restricted?
We have heard it said many times that people should be required to attain a “license” before they are allowed to have children, but who gets to decide who is eligible for the “privilege” of children? Well, under a population planning scenario the state and its central planners do, of course. And what makes such people so ethically competent as to deserve this power over the right to family? Not a thing. In many cases, bureaucrats are the most psychopathic and unintelligent people in any given society.
Some people might argue that this kind of development is unthinkable in America and not a legitimate concern. But already in the U.S. we have seen instances of Child Protective Services abducting children belonging to parents with political conflicts with the existing establishment and living habits outside of the mainstream. We also live in a system in which many parents are forced by law to hand over their children to state-controlled schools for half of every weekday (as home-schoolers are attacked as aberrant child abusers). We are only a short step away from a world in which having a child invites as much government intrusion and restriction as rearing a child.
Overt Militarization Of Police
Yes, many people would claim that overt militarization of police has already occurred. I would say that they haven’t seen anything yet. We do not yet live in a country where jacked out cops with armor and M4 carbines stand on every street corner 24/7, but it won’t be long before this becomes our everyday environment. With politicians openly suggesting extreme measures to combat “lone wolf terrorists,” up to and including internment camps for “disloyal Americans” (thanks for at least being honest about your intentions, Wesley Clark), all it would take is one large-scale attack to inspire enough confusion in the population to provide cover for a full-blown police state. Central planning survives and thrives through fear. Fear is defeated through preparedness, planning and mindset.
A person cannot plan or prepare for crisis if he is not allowed to manage his own resources. In Venezuela today, the government has locked down all food production and is rationing out necessary supplies through sophisticated electronic tracking due to economic crisis. Make no mistake, America is just as vulnerable to financial disaster as any Third World nation, if not more so. Resource management will be the inevitable result. In fact, the Obama administration has already positioned itself for resource management through his National Defense Resources Preparedness Executive Order. Government officials will call preppers “hoarders” and argue that no one person should be allowed to have more than he needs. Once again, the argument will be that the self preservation mentality of individuals actually harms the collective.
We already have a centralized and socialized economy for the most part, but private trade and production are still possible. Central planning is designed to wipe out alternative forms of trade and subsistence so that all people can be made dependent on the singular state. As in Venezuela, we should expect that economic declines will be used as a rationale for a clampdown on individual trade. The only way to fight these kinds of measures is for average people to become avid producers and be willing to fight back physically against confiscation and government-controlled rationing.
Beyond trade controls, centralization will culminate in economic “harmony” through multilateral currency schemes, ending in a one-world currency. A single currency system by default calls for a single economic authority, and this by default calls for a single political authority. A one-world currency is not only a fiscal coup for central planners; it is also a stepping stone toward world government.
A cashless system is a kind of unholy grail for central planners because it allows for total control of economic trade. Electronic-based currency systems can be dictated from the comfort of a computer, and savings can be erased or limited arbitrarily. Cashless systems also allow banking structures to operate without the normal consequences of supply and demand fundamentals. Today, even in our massively corrupt financial system, one cannot get around the concrete effects of diminishing demand, endless debt obligations and criminal fiat creation. We are seeing these effects vividly so far in 2015, just as we saw then in 2008. In a completely cashless system, though, debts can vanish, capital can be stolen and shifted away from the public in a more precise manner, taxes can be excised without waiting for taxpayers to comply, and demand can be artificially generated with digital fiat directed to the correct accounts without any trail to follow.
Of course, there will be damages. But, those damages will be foisted upon the general public incrementally until Third World living standards become normal, and no one will be the wiser after a couple of generations. Control of the population would be absolute, while any dissent could be met with immediate financial reprisal, as activists are sentenced to starvation.
The examples listed above may be measured as extreme, but every single one has support within our existing government structure either legally or through actual programs already being implemented. The speed at which they might occur is an unknown, but the desire for them by central planners is absolutely certain. There is no good or benevolent form of central planning. There is no scenario in which the system will not be abused because such power concentrated in the hands of any group of human beings invites abuse. Therefore, the only prudent course, the only solution to the absolute terror of complete state power, is to reduce government down to a shell of its current size or to remove its existence entirely and focus on localized systems and independent trade and infrastructure development. If the federalized state as an edifice no longer exists, then it can no longer be exploited by evil people.
Alt-Market is currently running our annual Summer Donation Drive!
If you would like to support the publishing of articles like the one you have just read, visit our donations page here. We greatly appreciate your patronage.
You can contact Brandon Smith at: firstname.lastname@example.org
August 14th, 2015 by olddog
And so are our schools . . .
See also: What is Our Government . . . Really?
We are living in a duality that most don’t recognize. Many suspect things aren’t going well as jobs are outsourced, public utilities and roads are privatized, and our elected officials keep passing bills they don’t read and that don’t solve any of the “real” problems we face. Most of us feel that our elected officials don’t really represent us anymore. Why is that?
Because they don’t! They represent corporations aka our state, local and federal governments; GOVERNMENT, INC.
The corporatization of our governments (which started long ago) changed the role in government our elected officials play. Once they take office, they no longer represent the folks who voted for them, but become trustees (or employees) of the federal, state, or local corporations. 
This scam has been going on a long time , but we feel the results of it more each year.
- Have you noticed how our elected officials are distant and difficult to reach once in office?
- Have you noticed how no matter how valid our complaints are – we are ignored?
- Have you noticed how few people ever get justice in our court system?
This is because we are primarily living under admiralty, maritime or business “contract” law not Common Law or Constitutional Law.
Many years ago (1851) the Ohio Constitution was created. From the Ohio Constitution:
We, the people of the State of Ohio, grateful to Almighty God for our freedom, to secure its blessings and promote our common welfare, do establish this Constitution.
Article 1: Bill of Rights
§1 INALIENABLE RIGHTS.
All men are, by nature, free and independent, and have certain inalienable rights, among which are those of enjoying and defending life and liberty, acquiring, possessing, and protecting property, and seeking and obtaining happiness and safety. (1851)
Unfortunately that document does not represent the primary legal system currently being implemented. Instead, we are now living with the ‘rules’ aka ‘statutes’ that corporate government entities (i.e. the STATE OF OHIO) pass to govern ‘society’ and to ensure their control and revenue streams. And the police force has become the rule enforcement officers for ‘Government, Inc.’ To serve and protect the public, in most cases, is no longer their primary function. It is critical to remember that a corporation’s PRIMARY GOAL is to produce profits for that corporation. It is literally their legal “fiduciary” responsibility.
The definition of an act or a statute:
A legislative rule of society given the force of law by the consent of the governed, as a rule, by a corporation.
By its own definition it is not law, it is only given the FORCE of law by the CONSENT of the GOVERNED. The only way to get CONSENT is through the implementation of signed contracts. Corporations are bound by the law of contracts, i.e. the Uniform Commercial Code.
Statutes are the rules made by incorporated government bodies so they can “do business”, i.e: extract money from and control the population.
The H1N1 flu “pandemic” and the pandemic response system, that has been constructed in Ohio over the past seven years , helps demonstrate how our current legal/government system works. Each legal entity involved has two names; one is the common name we are familiar with and the other is their commercial or business name as listed on the Dun and Bradstreet  web site.
|Name the public recognizes
||Dun and Bradstreet Corporate Listing
|United States of America
|Dept of Health and Human Services
||HEALTH & HUMANS SERVICES, UNITED STATES DEPARTMENT OF
|Center for Disease Control
||STATE OF OHIO
||EXECUTIVE OFFICE STATE OF OHIO
|Ohio state legislators
||LEGISLATIVE OFFICE OF THE STATE OF OHIO
||JUDICIARY/SUPREME COURTS OF THE STATE OF OHIO
|Ohio Dept of Health
||HEALTH, OHIO DEPARTMENT OF
|Franklin County Health Dept
||FRANKLIN CO OH HEALTH
|“My Town”, Ohio
||“MY TOWN”, CITY OF
|“My Town” Board of Education 
||“MY TOWN” BOARD OF EDUCATION also traded as “MY TOWN” SCHOOL DISTRICT and “MY TOWN” SCHOOLS
Corporate government entities involved with public health and vaccination programs
In 2006-2007 the UNITED STATES government gave OH $13.8 million (as payment per contract aka cooperative agreement) for the pandemic planning that the STATE OF OHIO had completed. This pandemic planning included 1) the passage of Senate Bill/House Bill 6 redefining public health “rules” aka “statutes” in 2003 and 2) the completion of a pandemic policy manual, Limitations of Movement and Infection Control Practices, in 2005 by HEALTH, OHIO DEPARTMENT OF. This was a business/contractual arrangement between the UNITED STATES and the STATE OF OHIO. [details]
Senate Bill/House Bill 6
The CEO (director of health) of HEALTH, OHIO DEPARTMENT OF  (Ohio Revised Code: 3701.03) was granted authority to:
- raise money for Ohio Department of Health  (ORC 3701.04) by selling their services to anyone they choose
- accept and spend money raised as a gift, bequest or contribution for the purpose the gift, bequest or contribution was made  (ORC: 3701.04)
- order home or business invasions of those who are suspected of violating their “health rules” with little or no justification (violation of Article 1, §15 of the Bill of Rights – Ohio Constitution)  (ORC: 3701.06)
- quarantine and/or isolate anyone with little or no justification  (ORC: 3701.13). This is in direct violation of Article 1, §1 and §8 of the Bill of Rights – Ohio Constitution.
Limitations on Movement and Infection Control Practices sites the “statutes” that public health officials can refer to as legal authority to enforce actions against the public regarding forced vaccinations, property searches and quarantine/isolation
Then in April 2009, the STATE OF OHIO and OHIO DEPARTMENT OF HEALTH accepted $7.5 million from the UNITED STATES government for OH’s statewide H1N1 vaccination program, which included the
School-located Vaccination (SLV) program.
In Sept 2009 I contacted the elected Board Members (BOARD OF EDUCATION) of my local school district and expressed my grave concerns regarding the dangerous/untested H1N1 vaccine and the implementation of their mass school vaccination program. I received a formal letter as a response. The President of the BOE stated their intentions to proceed with the mass vaccination program. She also acknowledged that a business arrangement had been entered into with Franklin County Board of Health (FCOH). ” . . . our school district and all school districts in the central Ohio area have a memorandum of understanding with the Board of Health . . . ” As I have not seen the actual Memorandum of Understanding the BOE signed, I do not know the date. But, essentially these memorandums precede cooperative agreements. School districts have entered into business contracts whereby they will get paid after allowing the mass vaccination program of the children in their schools. The school districts were incorporated by legislation passed in Ohio in the 50s. However, it is important to remember that no law or “statute” allows for the school board to authorize child endangerment , which is a felony.  The H1N1 vaccine is an experimental untested vaccine and the risk of vaccine injury is quite high. 
While the public naively believes Government, Inc. represents the taxpayers, Government Inc. is much like Business Inc., i.e. “They have no soul to save and they have no body to incarcerate” . But, unlike Business Inc, Government Inc. can (and does) pass statutes giving themselves legal immunity from most of their unscrupulous business arrangements that cause harm to the general public – and there are many! This is the mechanism that allows those who are profiting from (Business Inc) and those who are administering (Government Inc) the dangerous/experimental H1N1 vaccination programs to our school children – to do so with impunity. . . so far.
Supporting Supreme Court Decision: Clearfield Doctrine
Supporting Supreme Court Decision explained by a Judge:
Judge Says USA INC is Just a Corporate Franchise Network
Exposé on Business, Inc: The Corporation
Exposé on Government, Inc: Corporation Nation
And It’s an Illusion
 Here is a short explanation as to when and how our government was turned into a corporate entity:
Our government is just another corporation
 For an excellent explanation as to when and how our legal system was established and manipulated read Common Law at the DetaxCanada web site: http://detaxcanada.org/cmlawintro.htm
 Both House Bill 6 and Senate Bill 6 were passed in 2003 and changed the “rules” regarding public health policies and authorities.
 The Dun & Bradstreet Corporation (NYSE: DNB), headquartered in Short Hills, New Jersey, USA, is a provider of credit information on businesses and corporations. Often referred to as just D&B, the company is perhaps best known for its D-U-N-S (Data Universal Numbering System) identifiers assigned to over 150 million global companies.
The DUN System is utilized by many major banks/lenders, insurance and finance companies as well as municipalities, Federal agencies and endorsed by the European Union as the primary identification system for International business assessment and validation throughout the world. The DUNS/BIR (Business Information Report) is required for many US federal government transactions, so are widely used as a leveraging tool to win bids and portray a stable and creditworthy business, able to meet its obligations and can validate what it professes. The System is frequently used for corporate research.
 ORC 3313.17 Corporate powers of the board.
“The board of education of each school district shall be a body politic and corporate, and, as such, capable of suing and being sued, contracting and being contracted with, acquiring, holding, possessing, and disposing of real and personal property, and taking and holding in trust for the use and benefit of such district, any grant or devise of land and any donation or bequest of money or other personal property.”
Effective Date: 10-01-1953
 3701.03 General duties of director of health.
(A) The director of health shall perform duties that are incident to the director’s position as chief executive officer of the department of health. The director shall administer the laws relating to health and sanitation and the rules of the department of health. The director may designate employees of the department and, during a public health emergency, other persons to administer the laws and rules on the director’s behalf.
(B) Nothing in this section authorizes any action that prevents the fulfillment of duties or impairs the exercise of authority established by law for any other person or entity.
Effective Date: 02-12-2004
 3701.04 Director of health – powers and duties.
(B) The director of health may enter into agreements to sell services offered by the department of health to boards of health of city and general health districts and to other departments, agencies, and institutions of this state, other states, or the United States. Fees collected by the director for the sale of services shall be deposited into the state treasury to the credit of the general operations fund created in section 3701.83 of the Revised Code.
Effective Date: 02-12-2004; 04-14-2006
 3701.04 Director of health – powers and duties.
. . . and expend the grant, gift, devise, bequest, or contribution for the purpose for which made.
Effective Date: 02-12-2004; 04-14-2006
 3701.06 Right of entry to investigate violations.
The director of health and any person the director authorizes may, without fee or hindrance, enter, examine, and survey all grounds, vehicles, apartments, buildings, and places in furtherance of any duty laid upon the director or department of health or where the director has reason to believe there exists a violation of any health law or rule.
Effective Date: 02-12-2004
 3701.13 Department of health – powers.
The department of health shall have supervision of all matters relating to the preservation of the life and health of the people and have ultimate authority in matters of quarantine and isolation, which it may declare and enforce, when neither exists, and modify, relax, or abolish, when either has been established. The department may approve methods of immunization against the diseases specified in section 3313.671 of the Revised Code for the purpose of carrying out the provisions of that section and take such actions as are necessary to encourage vaccination against those diseases.
Effective Date: 02-12-2004; 05-06-2005
 To surrender children to public health officials, while they are in school, for the purpose of the administration of dangerous untested vaccines (that have harmed many children) is not protecting the child but exposing him/her to potentially serious injury.
 Ohio Legal Services:
 Exposed by Dr Roby Mitchell’s in depth analysis of the vaccine package insert
 Quote of Baron Thurlow describing corporations.
All Rights Reserved
Redistribution permitted provided author/website accredited and link to original displayed.
Contact author at email@example.com
August 7th, 2015 by olddog
By Dave Hodges
By now most of you have heard the rumors, but they may be much more than rumors.
Recently, the Pope has sounded more like a bankster than a respected religious figure. The true colors of this Pope will soon be revealed. In September of 2015, the Pope will announce the orderly transition of the surrender of the national sovereignty of all nations which will culminate in world government. In other words, this Pope who says he endorses perversions repugnant to true Bible-believing Catholics, is allegedly going to announce the formation of the New World Order and that all 1 billion plus Catholics should willing to submit to the New World Order as is their duty as per the bastardized interpretation of Romans 13.
Is the Pope Mentally Ill or Merely a Servant of Satan?
I have long thought that this Pope might be suffering from early onset dementia as he recently said he would baptize extraterrestrials as they would visit the Earth. This is the same Pope who has stated thatIslam and Christianity are basically one and the same religion. This false doctrine sets the stage for the official state sponsored (United Nations) approved religion which we commonly call Gaia which is about as a pagan of a religion that there is.
When the Pope addresses the United Nations on September 25th, he will be endorsingAgenda 21 and its sustainability concepts. Sustainability seeks to reduce at least 80% of all energy use. Some are even calling for a the total obliteration of the private use of energy. Sustainability walks hand in glove with the coming currency collapse. If the people can be brainwashed to accept sustainability concepts, the reduction of the currency by astronomical amounts will be more easily accepted by the masses. And if the Pope is telling people that this is what God would want, then it must be OK.
Implications of the Pope’s UN Speech
Last year, when the IMF devalued the Venezuela currency by 61%, the event was barely noticed. The event came like a thief in the night. For the most part, the people of Venezuela accepted their fate. I believe the same is about to happen here. When the Pope basically calls for the establishment of world government, a currency collapse will hasten the event. It almost as if the Venezuelan situation was an IMF Beta test for what is coming here.
When I stop and take a closer look at the things that this Pope has said and compare it to a whole host of corresponding events, it is difficult to not be concerned about what is coming. Especially disturbing is the fact that that Pope’s UN speech will be followed by what many are saying will be a wholesale devaluation of every national currency in the conversion to a global currency which is reportedly going to be digital. The off-the-record analysis of this supposed coming devaluation of the dollar will mean for every dollar one has in the bank, that dollar will lose 90% of its buying power in the conversion when it takes place in October.
What Will a Currency Devaluation Mean to You?
If this conversion takes place, most of you will not be able to afford to drive to work, because you will not be able to afford put gas in your tank. If these conversion rates are anywhere close to being accurate, you won’t be paying the present $3.00 per gallon, you would be paying somewhere around $30.00 per gallon! Your $200,000 mortgage would now be $2 million dollar mortgage! Now it makes sense why so many of our home mortgages have been transferred to either the International Monetary Fund or directly to our new landlords, the Chinese government.
Where will Americans secure food and other life-sustaining supplies? All of the above events would force Americans in the short-term into FEMA camps in order to receive the aforementioned life-saving supplies. Remember, the average American family has no savings and only three days of food on hand in their home.
Eventually, Americans would be forced into the “stack and packs” that the globalists talk about in Mike Krulig’s “America 2050″ derived from his Agenda 21 “Build One America” program.
The above map was taken from the America 2050 website which clearly shows the population redistribution which is planned for by Agenda 20 crowd and in particular, Mike Krulig, Obama’s mentor during his early “community service” days.
This is the picture that the globalists do not want you to see as Mike Krulig is advising the President on the America 2050 plan.
I have written about America 2050 in recent days as it is globalist plan, headed by the Obama’s administration, Mike Krulig, the founder of the Agenda 21 population centralization plan known as “Building One America”. Building One America is the first steps toward the fulfillment of the creation of 11 mega-regions which will contain six million people each. The missing 250 million people in the America 2050 plan, matches the Deagel Report of a similar population reduction for the United States to take place by 2025.
If what has been announced is true, then every individual has only a short time to get their house in order. There are no shortage of articles which talk about individual preparation. Among the preparations that everyone needs to make has to do with getting out of cash and into precious metals. Adding silver and gold to your portfolio is the only way to ensure that your currency will be accepted following the collapse. This Sunday evening from 8-9pm Eastern, Steve Quayle will be appearing on The Common Sense Show and talking about what is happening with gold and why everyone should be heavily invested in previous metals.
Tomorrow’s article analyzes recent events and their connection to the Pope’s coming proclamation.
July 31st, 2015 by olddog
Lies, Damned Lies, and Forensic History
As regular consumers of alternative media have likely noticed, China’s voracious appetite for gold has been reported on ad nauseam in the wake of the 2008 Depression. Endless geopolitical and economic analysts have mused about the implications of Chinese gold accumulation, with most concluding (perhaps prematurely) that some form of gold-backed Yuan is on the horizon. Some extend this scenario further, optimistically declaring that the BRICS NDB (New Development Bank) and AIIB (Asian Infrastructure Investment Bank), led by China, will usher in a “New Golden Era” of progress and prosperity, spelling the end of the Western model of Central Banking tyranny.
The reason for this transfer of precious metals from West to East by the Anglo-American Establishment, these pundits prognosticate, is a simple and tragic combination of incompetence and malfeasance. The aged and corrupt West must end, and in the wake of its destruction, the Phoenix of the East must rise.
Does this narrative, however, have any basis in reality when viewed within the context of history? How have institutions traditionally defined as “Globalists” participated in satiating China’s gold fever? Is the hand of the Red Shield, infamously and intimately involved in the metals market for over 200 years, at work, even in the East?
And what, ultimately, do the answers to these questions spell for the “BRICS Saviour” meme?
To begin answering these questions, we must analyze the history of the London Bullion Market Association (LBMA) and the ignominious “Precious Metals Fix” that makes it all possible.
The (Global) Fix Is In
In 2010, the alternative finance community was set ablaze by the revelations of bullion trader turned whistleblower Andrew MacGuire, contending that JPMorgan and HSBC, operating as agents for the Federal Reserve, had suppressed the price of precious metals in an effort to silence the “Canary in the Coal Mine” amidst unprecedented money printing. By using managed selloffs via algorithmic trading bots, bullion banks drove down the price of “electronic/paper” metals certificates at the COMEX, effectively capping their price and ultimately driving them down to new 5-year lows.
The Commodities Futures Trading Commission (CFTC) deemed MacGuire’s claims credible enough to warrant further investigation; led by Bart Chilton, the CFTC’s probe into silver price manipulation ended in September of 2013 with the stunning declaration that no illegal activity had occurred:
Based upon the law and evidence as they exist at this time, there is not a viable basis to bring an enforcement action with respect to any firm or its employees related to our investigation of silver markets. – CFTC Statement
What many fail to realize is that the CFTC’s conclusion is technically correct. JPMorgan and HSBC were not acting in violation of any legal structure; they were, in fact, merely implementing the dictates of the long-standing LBMA Metals Fix:
Already we can identify the hand of the Anglo-American Establishment at work by way of the East India Company. The LBMA’s commentary on the nearly global “Silver Standard” of the 17th and 18th Century is not without consequence; the British Empire’s domination of the gold market of the era made subjugation of nations like China and India, rich in silver wealth, notoriously difficult to colonize.
The Opium Wars changed this nearly overnight. Beyond the engineered addiction and mercantile foothold the opium trade gave the East India Company in China, it also made way for the wholesale looting of China’s silver wealth:
From China, the Company bought tea, silk and porcelain. The Chinese wanted silver in return. Over the next 100 years tea became a very popular drink in England, and there was a fear that too much silver was leaving the country to pay for it. To stop this happening, the Company became involved in a triangular trade by smuggling opium (a highly addictive and illegal drug) from India into China.
The Company grew opium in India. They were looking for something that the Chinese would accept instead of silver, to pay for the goods they bought at Canton. Opium was a valued medicine which could deaden pain, assist sleep and reduce stress. But it was also seriously addictive and millions Chinese became dependent on the drug. – British Library
With China gutted of her material wealth, the Chinese silver standard came to an end in November of 1935, a mere decade before the implementation of the first truly “Global Gold Standard,” the Bretton Woods agreement.
The path was set for a worldwide metals price-fixing mechanism, and the LBMA was more than happy to provide. Front-running the Bretton Woods agreement by decades, the LBMA’s own gold fix – run by N.M. Rothschild – was officially established in 1919:
By the LBMA’s own admission, the Rothschilds maintain this price fixing mechanism to the present, and seemingly, the sole beneficiary of their recent price suppressing actions is none other than China, the very country looted of monetary metals a century ago. Is this a rare act of benevolence from the Rothschild family, or do they have big plans for the East’s new-found wealth in the coming World Order?
The British analogue to the Council on Foreign Relations, Chatham House, seems to suggest the latter.
Chatham House Rule and the Gold-Backed SDR
Established in the wake of World War I at the Paris Peace Conference, the Royal Institute of International Affairs was created. Fulfilling the dream of the Last Will and Testament of Cecil Rhodes, the RIIA also birthed its more widely known American outpost, the Council on Foreign Relations. Its headquarters, Chatham House, have become the RIIA’s colloquial moniker.
As what many would contend is the world’s premier “Think Tank,” Chatham House has been far from bashful in exploring a wide range of topics, and in the wake of the “Great Recession,” gold and the IMF’s “Special Drawing Rights” (SDRs) have been chief among them. While national Central Bankers like Ben Bernanke have been vocal in their opposition towards a remonetization of gold, the supranational level represented by groups like the IMF, Bank for International Settlements, the CFR, and Chatham House have been far more accommodating towards the idea of a return to a “partial gold standard.” Chatham House has gone so far as to create the “Chatham House Gold Taskforce” designed explicitly to examine gold’s role in a “multipolar World Order.”
This task force has yielded a number of fascinating forecasts. Take, for example, these 2011 comments by Lord Meghnad Desai, the Indian-born, British-naturalized member of the House of Lords and Chatham House member in a paper entitled, “Gold, the SDR, and Other Matters.” Desai remarks:
Far from challenging gold’s role as a monetary metal, Chatham House is recommending the exact opposite: Nothing less than a gold-backed SDR to take the place of the dollar as World Reserve Currency, with calls for the IMF to make legal the monetization of gold. All this coming from a man who is a Professor at the Keynesian London School of Economics, lecturing chiefly on econometrics and Marxian Economics. Quite the curious blend of ideology, no? Desai’s commentary is far from the only (seemingly) pro-precious metal rhetoric born of the “Chatham House Gold Taskforce.” Also included in the report were the writings of one Catherine Schneck of the University of Glasgow, entitled, “Adding Gold to the Valuation of the SDR,” directly echoing Baron Desai’s recommendation:
Schneck, perhaps directly referring to Chinese gold acquisition, makes specific note of the RMB’s current exclusion from the SDR in the paper’s introduction. The inclusion of the RMB in the article also seems to imply that “reducing the USD weighting” as called for in bullet point 3 could indeed be “in favour” of the RMB in the future, overtly stating that the Euro, Pound, and Yen are unfit for the task:
Allowing the IMF to issue more SDRs than they have gold hearkens back to the era of bank-issued Gold Certificates and their eventual monetary debasement; not a new scheme by any means. Nor are “residual” gold claims, which were commonplace during the Bretton Woods era. The last statement, “not include any right to sell SDR for gold,” would effectively ensure that gold could never be redeemed by “citizens” from banks, assuring gold coinage would never actually circulate.
A pseudo-gold standard if there ever was one.
The Chatham House Gold Taskforce’s premier publication, “Gold and the International Monetary System,” maintains the more typical Newspeak of Globalist documents with its somewhat reserved analysis; its most revealing passages, however, greatly reinforce the thesis already outlined herein.
The document reiterates the “rising China” narrative, noting that China’s recent advancements in the form of the recently-launched Shanghai Gold and Silver Exchange are a “small step” in subverting the dollar as the World Reserve Currency:
Ultimately, the Chatham House Gold Taskforce concludes that, while the RMB is a strong contender for reserve currency status, it still lacks one major prerequisite for the role – Inclusion in the IMF’s SDR basket:
Chatham House also seems to advocate a digital, cryptographic version of gold as opposed to physical notes. Perhaps as a direct response to the rise of cryptocurrencies like Bitcoin and BitGold, perhaps as the implementation of a “One World” digital currency as foretold by Nicholas Rockefeller, Chatham House devotes an entire section of its policy paper examining “digital gold.”
So it seems that the Anglo-American Establishment has lofty aspirations for China’s gold hoard and the RMB after all. Regardless of the manner by which China’s reunion with precious metals has manifested, however, this Globalist plot coming to fruition is still dependent upon Chinese participation.
Is there any evidence to suggest that China desires inclusion into the SDR basket? Would they allow the West to use their gold as collateral against the SDR (or something akin to it) as a reserve currency as opposed to the Yuan?
Enter stage East.
Crouching PBOC, Hidden Bank for International Settlements
Meet the latest actor in our twisted drama, Zhou Xiaochuan:
A Globalist by any objective metric, Xiaochuan is the head honcho at the People’s Bank of China, effectively the Janet Yellen of Eastasia. Readers, look into the eyes of this man. If anyone were to lead the world’s return to “sound money,” a BRICS without usury, and a gold-backed Yuan utopia of gold-plated puppies and kittens, by necessity, it would have to be China’s most powerful Central Banker.
Think he can pull it off?
Unfortunately for those still steeped in the milieu of the “BRICS Saviour Paradigm,” I don’t think he particularly wants to. He probably never has, as long before Xiaochuan began China’s purchase of Rothschild “fire sale” gold via the LBMA, he joined the Board of Directors of the Bank for International Settlements.
For readers not yet aware of the specific role the BIS has to play in the “Rings Within Rings” structure of the Anglo-American Establishment, it is referred to by Georgetown Professor, Globalist insider, and whistleblower Carroll Quigley as the “apex” of the “powers of financial capitalism.”
The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences.
The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations. Each central bank…sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world. Professor Carroll Quigley, Tragedy and Hope
It is to this “apex” which Xiaochuan counts himself as a proud member of, and it is via this “apex” which he published his official position on Chinese precious metals, the future of the Yuan, and the SDR. The title of this BIS paper? “Reform The International Monetary System,” and its vision for the future isvirtually identical to that of Chatham House and the Anglo-American Establishment.
Xiaochuan makes mention of the Silver and Gold Standards of the past, right before discussing the “creative reform” necessary to save the global monetary system.
If the Yuan is to become a gold-backed currency (let alone the World Reserve Currency), it will not be accomplished by the desires of the People’s Bank of China. It is not the RMB that Xiaochuan applies these grandiose aspirations to, but the IMF and its Special Drawing Right:
The PBOC’s recommendation for the SDR as a supra-national reserve currency
Presumably, a world in which the SDR is a “super-sovereign reserve currency” would also include the Yuan in the SDR currency basket. At least, it will if Xiaochuan and Chatham House have anything to say about it. And of all those shiny kilo bars of gold and silver recently re-homed to Shanghai?
Zhou would have them priced in SDRs in international trade. It seems the PBOC would see the Shanghai Gold Exchange as a mere clearing house as opposed to a physical exchange devoted to pricing outside the LBMA fix.
Xiaochuan’s damning statements as head of the PBOC and BIS Board Member are not his first documented foray into international financial debauchery. Precious metals researcher and forensic historian Charles Savoie contends that Zhou Xiaochuan had participated in the wholesale liquidation of “paper” silver contracts at the behest of the LBMA. If true, this would have effectively lowered the price of silver from 2000-2004 in favor of the COMEX pricing mechanism.
The Gold Anti-Trust Action Committee (GATA) pressed the LBMA on potential silver price manipulation via Chinese silver liquidation, much to the chagrin of Jeffrey Christian of the CPM Group, who referred to China’s paper silver dumping as a “myth.” A masterful PR move in providing an alibi of sorts for Xiaochuan’s silver manipulation, as the CPM Group is a 1986 spin-off of none other than the criminal banking syndicate known as Goldman Sachs.
The same Goldman Sachs that, in 2003, coined the term BRICS and “forecast” the rise of Brazil, Russia, India, China, and South Africa in a paper entitled, “Dreaming With BRICs: The Path to 2050.” Bear in mind, this is a full four years before the BRICs even existed.
What incredible foresight the analysts at Goldman have! Or perhaps it’s insider knowledge? Maybe even assistance in drafting the BRICs “vision?” Whatever the case, it is this “BRICS Dream,” the dream of Goldman Sachs, that the United Nations Conference on Trade and Development reference when calling on the BRICS bank to fund “sustainable development” projects throughout Asia:
Some, when faced with the evidence of widespread collusion between financial Elites of West and East, paraphrase a passage of Sun Tsu’s The Art of War – “Keep your friends close, your enemies closer,” and perhaps this is indeed the ultimate goal of the People’s Bank of China.
But a similar American saying also comes to mind: “Don’t let the fox inside the hen house.”
Has the fog before the eyes of Free Humanity begun to dissipate? Hopefully enough to realize that the BRICS “anti-hegemon” are no friends of human autonomy. In viewing the BRICS NDB’s recent appointments to upper management, the organization’s participants are barely distinguishable from World Bank and IMF rosters, and while the controlled demolition of China’s financial crisis just begins to emerge, so, too, will the pre-arranged monetary “solution” to the woes it shall create, as outlined throughout this article.
An end to the “Debt and Death” paradigm will not come from national, supranational, or hierarchical structures, but from those seeking Freedom themselves. Unparalleled advancements in decentralization of trade and manufacturing. Truly local agricultural independence. Open-source software, not to mention news. Modern pioneers in liberty are already making great strides in these and many other fields, and it is from these men and women which hope springs eternal.
Not Zhou Xiaochuan’s Globalist gold hoard and whatever “New World” monetary paradigm will be foist upon us in the wake of the next financial crisis.
Blogging under the pseudonym of Rusticus, the author and freedom activist operates a website tracing the machinations of the Anglo-American Establishment throughout history while simultaneously documenting the process of creating a truly off-grid homestead. (www.statelesshomesteading.com)
This article may be re-posted in full with attribution.
July 29th, 2015 by olddog
By Rory Hall
Earlier today I was speaking with Dave Kranzler and we fell into a discussion regarding the current state of gold and silver. This is how I described everything to Dave as we talked:
Beginning in December, as Dave pointed out in Is The Global Financial System On The Brink Of Collapse?something happened in the derivatives market and I believe something broke and there has been an ongoing smoldering fire just under the surface. The criminals at the too big to prosecute mafia organizations, formerly known as banks, have been doing their level best to keep the fire from coming to the surface. The desperate behavior by the Central Planners reeks of the unmistakable scent of fear. If you think the Wall Street criminals aren’t scared right now, then explain this:
I’ve never seen so many sophisticated Wall Street’ers this scared in my entire career. – This comment comes from a very well-connected Wall Street/DC insider and is in reference to how illiquid the bond markets have become –InvestmentResearchDynamics
Subsequent to whatever it was that blew up behind the scenes in December, a smallish bank in Austria blew up and filed for bankruptcy. Approximately two weeks later, a bank in Germany began having problems due to the derivatives associated with the Austrian bank.
In April we learn, by way of Mr. Steve St. Angelo of the SRSRocco Report, the gold and silver miners are beginning to have serious cash flow problems and output is slowing down. We also learned, from Mr. Jeff Brown when we interviewed him on Shadow of Truth, that China had been removing silver ore directly from the miners. We believe this was to supplement their solar program which requires approximately 90% of the silver that China mines internally; leaving them virtually nothing to create silver bullion coins, medallions, silver bars or ingots for investment purposes. We also learned that India is also following the same line as China and has undertaken a massive solar energy program for their country. Currently, we do not have the information regarding how much silver India is pulling from the market but we do know their silver bullion imports have exploded in 2015.
On July 5, the Prime Minister of Greece, Alexis Tsipras, decides to hold a referendum and allow the people of Greece to decide if they want to stay in the EuroZone and continue using the Euro as their currency. The Syriza Party, of which Mr Tsipras is a member, was elected with 35% majority, for the specific purpose of ending of austerity. As many people know, Greece has experienced enormous economic problems since joining the EuroZone and has taken on approximately $350 billion worth of debt from the IMF. The people of Greece voted, by a margin of 61% to 39%, to leave the EU and stop using the Euro. The Prime Minister responded by telling the Greek people, they would NOT be leaving the EuroZone and would in fact be taking on more debt from the IMF and would continue using the Euro!! The Greeks responded accordingly and have been protesting, rioting and various other nasty things since this happened. I don’t blame them one bit.
The second week of July 2015 the US Mint sells completely out of American Silver Eagles. This was unannounced, no forewarning was given at all. Usually if supplies become tight the Mint, in the past, has moved to allocated (read rationed) sales to the wholesalers. Not this time. The Mint opened their doors (figuratively) for business and before lunch had announced they were sold out and promptly closed their doors!
The following week China announces, for the first time in five years, their current Official gold holdings. The increase was greeted with little enthusiasm as no one actually believed the amount announced. Most analysts believe the amount of gold held by China is much higher than they are willing to share with the world.
Then a very curious thing happened. With all of the bullet points above as a back drop, four days after China makes their announcement of current gold holdings, someone or something triggered a massive selloff of gold futures. 716,000 ounces of gold, approximately 3% of annual global gold mining production, was sold in approximately 1 minute’s time. WOW!!! Why would this happen at this time unless something was very, very wrong? China just announced they had increased their holdings, the global economy is in trouble and someone decides that now is the opportune time to unload 3% of global gold in 1 minute!! Does that make sense to you? Does that sound like the act of a desperate, trapped rat? It does to me.
It seems like something else other than a derivatives event happened in December 2014 which has broken in the gold and silver markets. It seems like something unprecedented is about to make a grand entrance. I am not 100% sure, but I know this: if you don’t have several months worth of cash, food, water and security on hand you better make a move and you better make it quick. Fall is coming, and there have been way too many people saying that fall of 2015 something is going to change; the picture seems pretty clear….
July 28th, 2015 by olddog
By Ron Paul
The drama over Greece’s financial crisis continues to dominate the headlines. As this column is being written, a deal may have been reached providing Greece with yet another bailout if the Greek government adopts new “austerity” measures. The deal will allow all sides to brag about how they came together to save the Greek economy and the European Monetary Union. However, this deal is merely a Band-Aid, not a permanent fix to Greece’s problems. So another crisis is inevitable.
The Greek crisis provides a look into what awaits us unless we stop overspending on warfare and welfare and restore a sound monetary system. While most commentators have focused on Greece’s welfare state, much of Greece’s deficit was caused by excessive military spending. Even as its economy collapses and the government makes (minor) cuts in welfare spending, Greece’s military budget remains among the largest in the European Union.
Despite all the hand-wringing over how the phony sequestration cuts have weakened America’s defenses, the United States military budget remains larger than the combined budgets of the world’s next 15 highest spending military’s. Little, if any, of the military budget is spent defending the American people from foreign threats. Instead, the American government wastes billions of dollars on an imperial foreign policy that makes Americans less safe. America will never get its fiscal house in order until we change our foreign policy and stop wasting trillions on unnecessary and unconstitutional wars.
Excessive military spending is not the sole cause of America’s problems. Like Greece, America suffers from excessive welfare and entitlement spending. Reducing military spending and corporate welfare will allow the government to transition away from the welfare state without hurting those dependent on government programs. Supporting an orderly transition away from the welfare state should not be confused with denying the need to reduce welfare and entitlement spending.
One reason Greece has been forced to seek bailouts from its EU partners is that Greece ceded control over its currency when it joined the European Union. In contrast, the dollar’s status as the world’s reserve currency is the main reason the US has been able to run up huge deficits without suffering a major economic crisis. The need for the Federal Reserve to monetize ever-increasing levels of government spending will eventually create hyperinflation, which will lead to increasing threats to the dollar’s status. China and Russia are already moving away from using the dollar in international transactions. It is only a matter of time before more countries challenge the dollar’s reserve currency status, and, when this happens, a Greece-style catastrophe may be unavoidable.
Despite the clear dangers of staying on our recent course, Congress continues to increase spending. The only real debate between the two parties is over whether we should spend more on welfare or warfare. It is easy to blame the politicians for our current dilemma but the politicians are responding to demands from the people for greater spending. Too many Americans believe they have a moral right to government support. This entitlement mentality is just as common, if not more so, among the corporate welfare queens of the militarily-industrial complex, the big banks and the crony capitalists as it is among lower-income Americans.
Congress will only reverse course when a critical mass of people reject the entitlement mentality and understand that the government is incapable of running the world, running our lives and running the economy. Therefore, those of us who know the truth must spread the ideas of, and grow the movement for, limited government, free markets, sound money and peace.
This article provided courtesy of the Ron Paul Institute for Peace and Prosperity.
How many of you remember my past warning about building a one hundred million re-educated people force as the only possible way to defeat this foreign owned imposter government we live under. Are you still ignorant of the truth to consider it treason to survive? TAKE THIS TO THE BANK FOLKS, EITHER YOU PARTICIPATE IN RE-EDUCATING EVERY ONE YOU CAN, OR THE REST OF YOUR SHORT LIFE WILL BE HELL ON EARTH!
July 21st, 2015 by olddog
Peter O’Toole as British Intelligence agent, T.E. Lawrence.
By Jay Dyer
From Benghazi to Turkey, the ISIS “supply lines” are directly from NATO-controlled territory, and apparently it never occurs to the minds of Western media to ask where, in fact, the so-called Islamic State obtains their arms. The reason for this is obvious, as it would demonstrate that the Islamic State is not a homegrown, indigenous Wahhabist extremist group, but Western creation, funded and aided like Al Qaeda since its inception, as Carter and Brzezinski openly discussed. Not much has changed in the international terror theater since 1979, save the targets. Counterpunch noted over a decade ago: Q: The former director of the CIA, Robert Gates, stated in his memoirs [“From the Shadows”], that American intelligence services began to aid the Mujahadeen in Afghanistan 6 months before the Soviet intervention. In this period you were the national security adviser to President Carter. You therefore played a role in this affair. Is that correct? Brzezinski: Yes. According to the official version of history, CIA aid to the Mujahadeen began during 1980, that is to say, after the Soviet army invaded Afghanistan, 24 Dec 1979.
But the reality, secretly guarded until now, is completely otherwise: Indeed, it was July 3, 1979 that President Carter signed the first directive for secret aid to the opponents of the pro-Soviet regime in Kabul. And that very day, I wrote a note to the president in which I explained to him that in my opinion this aid was going to induce a Soviet military intervention.
Concerning the aiding and funding of the updated Mujahideen-Al Qaeda-ISIS brand, Tony Cartalucci comments: The London Telegraph would report in their 2013 article, “CIA ‘running arms smuggling team in Benghazi when consulate was attacked’,” that: [CNN] said that a CIA team was working in an annex near the consulate on a project to supply missiles from Libyan armouries to Syrian rebels. Weapons have also come from Eastern Europe, with the New York Times reporting in 2013 in their article, “Arms Airlift to Syria Rebels Expands, With Aid From C.I.A.,” that: From offices at secret locations, American intelligence officers have helped the Arab governments shop for weapons, including a large procurement from Croatia, and have vetted rebel commanders and groups to determine who should receive the weapons as they arrive, according to American officials speaking on the condition of anonymity.
And while Western media sources continuously refer to ISIS and other factions operating under the banner of Al Qaeda as “rebels” or “moderates,” it is clear that if billions of dollars in weapons were truly going to “moderates,” they, not ISIS would be dominating the battlefield. Recent revelations have revealed that as early as 2012 the United States Department of Defense not only anticipated the creation of a “Salafist Principality” straddling Syria and Iraq precisely where ISIS now exists, it welcomed it eagerly and contributed to the circumstances required to bring it about.” In terms of foreign policy, the target with ISIS is still Syria, as Washington elites have expounded through their Brookings Institution discussion of June 24, a rebound from the failed attempt by John Kerry to drum up support for war with Syria that fell flat due to the exposure of the laughable false flag “chlorine attack” propaganda pinned on Assad.
Now ISIS is both the means and the raison d’etre for invading and saving Syria, in the classic problem-reaction-solution strategy the West never tires from enacting in the global “freedom” war. Acting far inferior to Peter O’Toole. The endless, eternal war on terror is a contrived strategy of tension the Atlanticist establishment has used for over a hundred years, dating back to the exploits of Harry St. John Philby, T.E. Lawrence and the British carving up of the Middle East and special relationship with Saudi Arabia.
As mentioned, nothing has changed in the last century, other than the focal point of the terror attacks, as the Middle East must constantly be broken up, destabilized and reorganized into “micro-nations” more amenable to Washington’s corrupt corporate and ideological expansionist domination. Recent so-called “terror events” are merely dots on the long timeline of terror, a scripted narrative designed to remodel the American landscape as much as the Middle East, according to D.C. think tank machinations. Saudi Arabia, of course if one of the world’s chief funders of terror, operating as a proxy for the Western elites. Jordan, Qatar, the UAE, Oman, Bahrain and Kuwait are all “Gulf Cooperation nations,” arising from the aegis of the British Empire, and adopted under the U.S. empire.
And what is constantly forgotten is the origin of this cadre’s alignment of the West through oil production was not merely the result of OPEC and Kissinger, it was in fact organized by Bilderberg: It was Bilderberg that organized the ’70s OPEC oil debacle. Isn’t it curious the GCC pro-terror states are also Western-supplying oil states? Citing William F. Engdahl in his A Century of War, Andrew Gavin Marshall writes: One enormous consequence of the ensuing 400 per cent rise in OPEC oil prices was that investments of hundreds of millions of dollars by British Petroleum, Royal Dutch Shell [both present at Bilderberg] and other Anglo-American petroleum concerns in the risky North Sea could produce oil at a profit,” as “the profitability of these new North Sea oilfields was not at all secure until after the OPEC price rises.” In 2001, the former Saudi representative to OPEC, Sheik Ahmed Yamani, said, “’I am 100 per cent sure that the Americans were behind the increase in the price of oil. The oil companies were in real trouble at that time, they had borrowed a lot of money and they needed a high oil price to save them.”
When he was sent by King Faisal to the Shah of Iran in 1974, the Shah said that it was Henry Kissinger who wanted a higher price for oil. (136-7) In other words, war is a racket, as General Smedley Butler famously stated, and the new “War on Terror” (TM) of our day is not new, but an updated version of the old British strategy of staving off Russia. Little has changed a century later, as the major power bloc of the West, the Atlanticists still charge forward according to the Mackinder Heartland doctrine that the Western merchant/banking sea power must dominate and control the Eurasian “heartland” to ensure no Eastern rivalry.
Through the export of Opium, China was subjugated, and through export of Marxism, both China and Russia experienced the havoc of Western-born ideological materialism. Heartland versus Rimland. It is precisely this same utilitarian Anglo-empiricist, pragmatist philosophy that has ultimately turned on its own populace in a parasitical fashion unheard of for past empires.
Promising sensual and economic utopia, the Bolshevik export to Russia on the part of the Atlantic banking power is not the top-down social engineering strategy of the corporate elite upon the U.S. population itself. The great delusion is that the West is “free,” when it is entering the realm of greater enslavement than Sovietism experienced. The only difference is the foolish Western populace cannot grasp their enslavement is at the hands of Marxist corporations.
The central banks, the Fortune 100 and their shareholders love cultural Marxism and command and control, socialist economic models because it is the quickest way to consolidate wealth and transfer the actually valuable assets to the controlling oligarchy. In such a system, the opposition will inevitably all be titled “terrorists,” as the appellation is already being extended beyond radical Islamists. And after it extends beyond the average person, the conditioning will be so strong that any thoughts, words, actions or potential-pre-crime actions will also follow under the elastic notion of “terror.”
Terrorism is thus a social weapon, not of indigenous, individual “actors” and lone wolves, but stage managed dupes, patsies and tools of an international oligarchical cartel, as Orwell demonstrated in 1984 with the fictional villain of Immanuel Goldstein. Indeed, who funds these groups? (We saw who, above). The most obvious fact of the contradiction of the “War on Terror” (TM) is that it almost always works to further Washington’s domestic and geopolitical aims. Terror, then, is like Trotsky’s notion of perpetual war – perpetual war on the psyche of the globe (it’s a global war on terror), as a phase in the dialectical convergence on the path to global government. That is why terrorism serves western political aims. You can read more from Jay Dyer at his site Jay’s Analysis.
This article may be re-posted in full with attribution.
July 18th, 2015 by olddog
By Eric Zuesse
http://www.esm.europa.eu/pdf/ESM Treaty consolidated 13-03-2014.pdf
That’s the treaty establishing (which was originally done in 2012) the ultimate lending-fund for what the EU now officially considers to be a permanent economic crisis in Europe, of member-nations that are experiencing “severe financing problems,” and that are therefore continually ripe for asset-stripping by aristocrats.
It’s called the European Stability Mechanism.
It’s anything but that. Here is what it actually does:
In other words: it establishes the European bureaucracy to serve global aristocrats, so as to help them asset-strip the European populations of corrupt member-nations. These bureaucrats get transferred back-and-forth between this bureaucracy and the big financial institutions (which also are dependent upon the same billionaires), so that these bureaucratic servants of the aristocracy can themselves gradually emerge as aristocrats, basically joining (now becoming principals, no longer merely agents of) the aristocratic financial war stripping the public.
Here are some key provisions of this “Treaty,” or Europe’s (or the EU’s) new constitution:
Article 34. Professional secrecy. The Members or former Members of the Board of Governors and of the Board of Directors and any other persons who work or have worked for or in connection with the ESM shall not disclose information that is subject to professional secrecy. They shall be required, even after their duties have ceased, not to disclose information of the kind covered by the obligation of professional secrecy.
Article 35. Immunities of persons. 1. In the interest of the ESM, the Chairperson of the Board of Governors, Governors, alternate Governors, Directors, alternate Directors, as well as the Managing Director and other staff members shall be immune from legal proceedings with respect to acts performed by them in their official capacity and shall enjoy inviolability in respect of their official papers and documents. …
Article 36. Exemption from taxation. 1. Within the scope of its official activities, the ESM, its assets, income, property and its operations and transactions authorised by this Treaty shall be exempt from all direct taxes. …
It’s a “Mechanism” (basically, a government) to transfer to the aristocracy the public’s assets, which are the lands and pensions and healthcare and educational systems, which, in a democracy, are supposed to serve the public, but which, in an aristocracy, serve instead the billionaires. In Europe, aristocrats are still in charge.
For example, one confidential document, dated 11 June 2013, “Real Estate Based Asset Financing for the Hellenic Republic,” has this:
“The Hellenic Republic [Greece] holds a diverse collection of assets, many of which have been scheduled for sale as part of its commitments under the Memorandum of Understanding (MoU) between the European Commission, the International Monetary Fund, the European Central Bank [the three members of ’The Troika’], and the Hellenic Republic. The sale of state-owned assets is a one-off opportunity to raise capital for the Hellenic Republic [to be able to repay banks, which had lent to Greece at an 18% interest rate — and thereby already enriched aristocrats heavily at the public’s expense — and now retrospectively taxpayer-guaranteeing those junk bonds, which global aristocrats had bought through those banks, granting these 18%-interest-rate junk bonds a retrospective AAA+ equivalent taxpayer-guaranteed status, courtesy of the politicians who were supposed to have represented the public].”
Furthermore: “This would help increase the privatisation proceeds beyond the amount currently forseen in the MoU. The majority of the real estate is undeveloped land, with substantial potential,” which “potential” won’t be enjoyed by the Greek public via a future improved Greek national economy and increased tax-income into the Greek Government, but instead enjoyed by global aristocrats, who will be buying that “undeveloped land” now, before its value soars — so that aristocrats will be in on the rip-offs of the Greek public, both coming, and, now, going.
The document specifies that, “A large part of the Greek real estate portfolio is suitable for tourist development, and given Greece’s climate and leisure and holiday potential this is the key source of potential value for investors.” In other words: whatever desperate Greeks will still remain in Greece after all of the stripping of the assets of the state, will now become available, at rock-bottom subsistence wages, to serve tourists, while the billionaire owners, throughout the world, will be reaping the profits, from that land (including the beaches and new hotels), and from their slaves there (serving those tourists). This is commonly called “the free market”: the more desperate and poor the public (the Greeks serving those tourists) are, the more profit the aristocracy (the owners of those resorts) will receive. After Barack Obama’s coup overthrew Ukraine’s democratically elected President in February 2014, Ukraine’s soaring debt is already being treated this way (being set up for privatization), even before Ukraine joins the EU (if it ever will). Similarly, privatization followed the junta that Obama protected (if he didn’t even place them into power) in Honduras in 2009.
There is nothing basically new about this. Benito Mussolini introduced privatization in Italy during the 1920s. Admiring his success with that wealth-transfer to aristocrats, Adolf Hitler then took it up in Germany during the 1930s.
Nowadays, this is called “libertarianism” in the United States, and “neoliberalism” in Europe. It’s just standard economic theory, being put into political practice. Another term for it is “austerity” (as the public calls it), or (to employ the economist’s euphemistic phrase for it) “fiscal consolidation.”
What Mussolini and Hitler started, is now being put into practice increasingly around the world, but it is no longer overtly called “fascism.” Mussolini and Hitler were defeated in WW II, and so the label “fascist” needed to be changed, but the aristocracy, which financed fascists’ rises, has by now emerged victorious (in the U.S. and not only in Europe), using deceit (including these new labels), instead of relying upon mere bombs and guns. There are enough fools (‘libertarians,’ or believers in ‘the free market,’ etc.), so that victory comes far cheaper via such deceits (mental coercion) than via violence (physical coercion — coercion against the body). (But, of course, war, too, can be profitable.)
The entirety of the ‘Greek bailouts’ is bailouts of the aristocracy, not of the public; it’s just like America’s ‘Wall Street bailouts,’ which bailed out the banksters instead of the cheated MBS investors and homeowners. The ‘Greek bailouts’ were actually loans, not ‘bailouts’ at all; and after the loans turned sour, taxpayers were forced to buy them from the aristocrats, who were the ultimate recipients of the actual bailouts. The lenders never bailed anybody out, but instead were bailed out by the public. However, in the Greek case, the people who are blamed are the Greek public, who are being stripped. After all, such blame-the-victim is the natural response, for believers in ‘the free market.’ But it would be like blaming the stripped pension funds, and the underwater homeowners, for having caused the bailouts of Wall Street. Calling them ‘bailouts of Greece’ is the reverse of what they actually are, which is an ongoing stripping of the Greek public. (Other European publics should be angry against the aristocrats they’re bailing out, not against the Greek public, who never benefited from those loans, and who aren’t the people that socked away some or all of those borrewed funds into Swiss or other accounts abroad.) It’s like blaming a raped woman for having been raped. That’s conservative, in the extreme. It’s fascist.
The EU’s dictatorship is by the aristocracy, against the public. It’s just like the U.S. dictatorship — competing parties, both or all of which represent the aristocracy, against the public; none representing the public, against the aristocracy. Conservatives support it, because they support the aristocracy. (A reader replied to this, “it isn’t just the doctrinaire conservatives that support the new aristocracy it is the majority of the public”; but the majority of the public is conservative, they’re devoted to myths; so, that’s not contradicting my assertion, it’s just restating the tragedy.)
This is why inequality is high, and soaring. Democracy is disappearing.
Investigative historian Eric Zuesse is the author, most recently, of They’re Not Even Close: The Democratic vs. Republican Economic Records, 1910-2010, and of CHRIST’S VENTRILOQUISTS: The Event that Created Christianity.
July 15th, 2015 by olddog
By Michael Rivero
In the good old days, after George Washington and the boys won the war to free us from the bank of England’s predatory and impoverishing practices, they set up a “revolutionary” economic system. The government created and issued all the public currency, spending it into circulation to purchase what the government needed, then after the currency circulated through society to fuel commerce, was taxed back to the government to balance the books.
Banks existed, of course. But they were kept off to one side, and use of the banks was optional for the people of the United States. It was possible to go through one’s entire life without dealing with a bank if one chose to do so.
This system not only reserved the choice whether to use the bank to the people, but it was a stable system, because as debt increased, the people could voluntarily choose to stop borrowing from the bank! That was one of the most important freedoms won during the revolution; the freedom to say “no” to the banks!
Then, in 1913, a corrupt Congress and a corrupt President changed the structure of the nation’s economy and stole your freedom to say “no”! The economic system was reverted to a mirror of that same system the nation fought a revolution to be free of. The power to issue money was taken away from the government and given to the bankers and from that day onward, ALL money in circulation was created as the result of a loan at interest from the bankers to the government, to business, and to the people. There is no exception. Every dollar paid in salary, spent to purchase food or gas, or paid in taxes, began as an interest bearing loan. There is no money in circulation in the United States that did not start out as a loan at interest from the bankers at the privately-owned Federal Reserve system.
From that moment on, the freedom of the people to refuse to borrow from the banks and to refuse to pay interest was stripped away. To participate in the commerce of the United States at all means being forced to use money loaned at interest, to the profit of the bankers and the impoverishment of the public. Your freedom to say “no” was stolen by Congress in 1913, without your permission and before you were born.
When you have lost the freedom to say “no”, when you have no choice but to pay a percentage of your earnings as interest to the bankers whether in private debt or taxes to cover the gargantuan debts by the US Government itself, you are a slave to the bankers. And because more money is owed to the bankers than actually exists, because of the interest charged on the loan that created the money, the debt-slavery is permanent! No matter how hard you work, no matter how much you sacrifice, the debt can never be paid off. The system is intentionally designed to trap the nation’s population permantly in unpayable debt, to make them slaves to that debt and to the bankers. This is the purpose behind the design of the Federal Reserve, the International Monitary Fund, the European Central Bank, and indeed every private central bank issuing the public currency as a loan at interest. This is why today every nation is drowning in created debt, and slaved to the private bankers. That is the reason for ever increasing taxes and decreasing benefits; to pay the bankers their unpayable interest on the public currency.
For that enslavement to succeed, your right and freedom to refuse that bank’s interest-bearing money must be stripped away. The government must force you to use that private central bank’s currency, loaned to you at interest, via the Legal Tender Laws. Therein lies your slave chains. You are ordered by the government, on pain of prison, to use the banker’s money, and to pay the interest charged by the bankers through your taxes.
Free people have the right to say “no.” Free people have a right to decide for themselves what medium of exchange they will use and to choose not to involve the bankers!
There is no freedom without the freedom to say “no.” Slaves cannot say “no” when ordered to surrender the products of their labor to their masters.
You are a slave.
“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit.We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.” — Woodrow Wilson 1919
Slavery exists only because the slaves have been taught to believe that slavery is the way the world is supposed to be. Beliefs are chains used to enslave free people. No chains of steel ever bound a human tighter than the chains made of the beliefs with which we are indoctrinated while young in the state schools and the churches.
Slaves used to be held prisoner by their belief in rule by divine right. Then the slaves regained their freedom when they realized that divine right is only an illusion created by the enslavers to trick the people into obedient servitude.
Then slaves were held prisoner by their belief in rule by chattel ownership of one’s body. Then the slaves regained their freedom when they realized that one person owning another is an illusion created by the enslavers to trick the people into obedient servitude.
Today the modern slaves (that is YOU) are held prisoner by their belief in compound interest; that they owe money that never existed to repay money created out of thin air. And you modern slaves will regain your freedoms when you realize that private central banking is just another illusion created by the enslavers to trick you into obedient servitude.
July 14th, 2015 by olddog
By LAWRENCE SELLIN, PHD
The United States is not a constitutional republic. It is an oligarchy controlled by wealthy financiers who hire politicians to pass legislation beneficial to them and employ journalists to keep the citizens ignorant and compliant.
Neither the Democrats nor the Republicans believe in democracy. It is simply an ideological contest between two different forms of totalitarianism based on big government, where they represent only themselves in their pursuit of personal power and profit.
Over the last hundred years, the Democrat Party has moved farther and farther to the left, evolving from populism to Marxism and developing an operational model resembling that of the mafia. Its leaders are a gaggle of coffeehouse communists and unindicted felons, who seek the lifestyles of the rich and famous while practicing the politics of Joseph Stalin.
The Republicans are democratic only in the sense that they are willing to sell their votes to the highest bidder, where their political power and, ultimately, compensation from their rich donors increase proportionally with the expansion of government.
The federal government is now an industry competing with the private sector for revenues and resources, but, unlike the private sector, government is unconstrained by regulation and the rule of law.
The cost of public-sector pay and benefits, for example, which in many cases far exceed what comparable workers earn in the private sector, combined with hundreds of billions of dollars in unfunded pension liabilities for retired government workers, are weighing down the economy.
The fundamental problem is public-sector collective bargaining. It is appropriate in the private sector, where workers bargain with private, profit-making corporations and where market forces provide an independent check on both sides’ demands.
Yet there is an unholy alliance and a mutually beneficial relationship for money and votes between Democrats and public sector unions, which, in terms of government services, translate into higher costs, lower efficiency and, worst of all, less democracy.
Why are such illogical and dishonest policies allowed to continue? Because it is profitable.
To foster big government from which they personally benefit, the Democrats nurture a Marxist-type victim class, while the Republicans serve the affluent, both at the expense of the Middle Class, whose propensities toward liberty and accountability represent a threat to the hopelessly corrupt status quo that the two major parties and the media endeavor so vigorously to protect.
Ergo, the War on the Middle Class, now pursued by both Democrats and Republicans, albeit for different reasons.
As a consequence and, not surprisingly, today the main the activity of the federal government is lying. Barack Obama lied to get elected, lied to enact his policies and lied when those policies failed. In response, the Republicans added cowardice to their own set of lies.
As George Orwell noted: “In a time of universal deceit – telling the truth is a revolutionary act.”
That is why the political establishment and the media find Donald Trump so frightening; the danger that the truth might be spoken.
There is, however, a greater peril – 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 sustain itself, an approach with which both Democrats and Republicans find agreement.
The United States is on the cusp of a second civil war, one to determine who should control the federal government. It is not a contest between the Democrats and Republicans or liberals and conservatives, but a battle between the entrenched power and tyranny of the bipartisan political-media establishment versus the rights and liberties of the American people.
Only the truth will set us free.
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 firstname.lastname@example.org.
THIS IS A NO BRAINER FOLKS
PICK UP THE PHONE AND DO YOUR DUTY
July 2nd, 2015 by olddog
By Michael Snyder
Keep an eye on the shadow banking system – it is about to be shaken to the core. According to the Financial Stability Board, the size of the global shadow banking system has reached an astounding 75 trillion dollars. It has approximately tripled in size since 2002. In the U.S. alone, the size of the shadow banking system is approximately 24 trillion dollars. At this point, shadow banking assets in the United States are even greater than those of conventional banks. These shadow banks are largely unregulated, but governments around the world have been extremely hesitant to crack down on them because these nonbank lenders have helped fuel economic growth. But in the end, we will all likely pay a very great price for allowing these exceedingly reckless financial institutions to run wild.
If you are not familiar with the “shadow banking system”, the following is a pretty good definition from investing answers.com…
The shadow banking system (or shadow financial system) is a network of financial institutions comprised of non-depository banks — e.g., investment banks, structured investment vehicles (SIVs), conduits, hedge funds, non-bank financial institutions and money market funds.
How it works/Example:
Shadow banking institutions generally serve as intermediaries between investors and borrowers, providing credit and capital for investors, institutional investors, and corporations, and profiting from fees and/or from the arbitrage in interest rates.
Because shadow banking institutions don’t receive traditional deposits like a depository bank, they have escaped most regulatory limits and laws imposed on the traditional banking system. Members are able to operate without being subject to regulatory oversight for unregulated activities. An example of an unregulated activity is a credit default swap (CDS).
These institutions are extremely dangerous because they are highly leveraged and they are behaving very recklessly. They played a major role during the financial crisis of 2008, and even the New York Fed admits that shadow banking has “increased the fragility of the entire financial system”…
The current financial crisis has highlighted the growing importance of the “shadow banking system,” which grew out of the securitization of assets and the integration of banking with capital market developments. This trend has been most pronounced in the United States, but it has had a profound influence on the global financial system. In a market-based financial system, banking and capital market developments are inseparable: Funding conditions are closely tied to fluctuations in the leverage of market-based financial intermediaries. Growth in the balance sheets of these intermediaries provides a sense of the availability of credit, while contractions of their balance sheets have tended to precede the onset of financial crises. Securitization was intended as a way to transfer credit risk to those better able to absorb losses, but instead it increased the fragility of the entire financial system by allowing banks and other intermediaries to “leverage up” by buying one another’s securities.
Over the past decade, shadow banking has become a truly worldwide phenomenon, and thus it is a major threat to the entire global financial system. In China, shadow banking has been growing by leaps and bounds, but this has the authorities deeply concerned. In fact, according to Bloomberg one top Chinese regulator has referred to shadow banking as a “Ponzi scheme”…
Their growth had caused the man who is now China’s top securities regulator to label the off-balance-sheet products a “Ponzi scheme,” because banks have to sell more each month to pay off those that are maturing.
And what happens to all Ponzi schemes eventually?
In the end, they always collapse.
And when this 75 trillion dollar Ponzi scheme collapses, the global devastation that it will cause will be absolutely unprecedented.
Bond expert Bill Gross, who is intimately familiar with the shadow banking system, has just come out with a major warning about the lack of liquidity in the shadow banking system…
Mutual funds, hedge funds, and ETFs, are part of the “shadow banking system” where these modern “banks” are not required to maintain reserves or even emergency levels of cash. Since they in effect now are the market, a rush for liquidity on the part of the investing public, whether they be individuals in 401Ks or institutional pension funds and insurance companies, would find the “market” selling to itself with the Federal Reserve severely limited in its ability to provide assistance.
As far as shadow banking is concerned, everything is just fine as long as markets just keep going up and up and up.
But once they start falling, the whole system can start falling apart very rapidly. Here is more from Bill Gross on what might cause a “run on the shadow banks” in the near future…
Long used to the inevitability of capital gains, investors and markets have not been tested during a stretch of time when prices go down and policymakers’ hands are tied to perform their historical function of buyer of last resort. It’s then that liquidity will be tested.
And what might precipitate such a “run on the shadow banks”?
1) A central bank mistake leading to lower bond prices and a stronger dollar.
2) Greece, and if so, the inevitable aftermath of default/restructuring leading to additional concerns for Eurozone peripherals.
3) China – “a riddle wrapped in a mystery, inside an enigma”. It is the “mystery meat” of economic sandwiches – you never know what’s in there. Credit has expanded more rapidly in recent years than any major economy in history, a sure warning sign.
4) Emerging market crisis – dollar denominated debt/overinvestment/commodity orientation – take your pick of potential culprits.
5) Geopolitical risks – too numerous to mention and too sensitive to print.
6) A butterfly’s wing – chaos theory suggests that a small change in “non-linear systems” could result in large changes elsewhere. Call this kooky, but in a levered financial system, small changes can upset the status quo. Keep that butterfly net handy.
Should that moment occur, a cold rather than a hot shower may be an investor’s reward and the view will be something less than “gorgeous”. So what to do?Hold an appropriate amount of cash so that panic selling for you is off the table.
In order to avoid a shadow banking crisis, what we need is for global financial markets to stabilize and to resume their upward trends.
If stocks and bonds start crashing, which is precisely what I have projected will happen during the last half of 2015, the shadow banking system is going to come under an extreme amount of stress. If the coming global financial crisis is even half as bad as I believe it is going to be, there is no way that the shadow banking system is going to hold up.
So let’s hope that the financial devastation that we have seen so far this week is not a preview of things to come. The global financial system has been transformed into a delicately balanced pyramid of glass that is not designed to handle turbulent times. We should have never allowed the shadow banks to run wild like this, but we did, and now in just a short while we are going to get to witness a financial implosion unlike anything the world has ever seen before.
July 1st, 2015 by olddog
By Mac Slavo
According to the Bank for International Settlements (BIS), the shadowy “central bank of central banks,” the world as it stands is incapable of combating another global financial crash – a crash that there is every reason to think is coming.
That’s because the economy remains in the hands of the Federal Reserve and other central banks.
The financial wizards in THIS VIDEO went so far to say that “we are all slaves to the central banks.” It wasn’t exactly hyperbole.
According to the BIS, central banks have already “used up their ammunition” by driving interests to below zero, freezing investment for the important stuff like production and infrastructure, and instead fueling huge bubbles for wonder kids on Wall Street to play in.
Now, everything is basically teetering on the edge until the music stops. According to the BIS, it will soon be time to pay the piper – as “persistent ultra-low rates” are poised to unleash destruction upon the economy like King Kong set loose on Manhattan:
The BIS report described the threat of a new bust in advanced economies as a “main risk”, with many reaching the top of the economic cycle.
The economies worst hit by the last crisis are now suffering the costs of persistent ultra-low rates, the organisation said, which could “inflict serious damage on the financial system”, sapping banks and weakening their balance sheets and their ability to lend.
And worse, the advanced countries will be unable to fight back against the serious consequences, according to their 2015 annual report:
In past years, the BIS has painted a clear picture of the bleak financial landscape brought on by central bank policy since the 2008 crisis.
It warned in 2013 that:
Fresh action from central banks to kick-start growth may do more harm than good, by distorting financial markets and jeopardising stability.
“Unfortunately, central banks cannot do more without compounding the risks they have already created.”(source)
In 2014, it found that central banks have failed to achieve a recovery, and are incapable of doing so:
Robust, self-sustaining growth still eludes the global economy… Central banks cannot solve the structural problems that are preventing a return to strong and sustainable growth.
“Most of all, central banks cannot enact the structural economic and financial reforms needed to return economies to the real growth paths authorities and their publics both want and expect.”
“What central bank accommodation has done during the recovery is to borrow time … But the time needs to be used wisely, as the balance between benefits and costs is deteriorating.” (source)
Given the unique insider position of the Bank for International Settlements in the global financial power structure, these are foreboding words to be met with mature concern. This is a tacit admission that the powers that be know the next big crisis is around the corner, and they are ready to watch us drown in it – this time, without reaching down to offer us up.
You can read more from Mac Slavo at his site SHTFplan.com, where this article first appeared.
This article may be re-posted in full with attribution.