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Turning America into a battlefield A blueprint for locking down the nation

May 1st, 2015 by

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5-1-2015 10-42-48 AM

By TRUTHER

 

How can there be any semblance of freedom when there are tanks in the streets, military encampments in cities, Blackhawk helicopters and armed drones patrolling overhead?

It was for this reason that those who established America vested control of the military in a civilian government, with a civilian commander-in-chief. They did not want a military government, ruled by force. Rather, they opted for a republic bound by the rule of law: the U.S. Constitution.

Unfortunately, with the Constitution under constant attack, the military’s power, influence and authority have grown dramatically. Even the Posse Comitatus Act of 1878, which makes it a crime for the government to use the military to carry out arrests, searches, seizure of evidence and other activities normally handled by a civilian police force, has been weakened by both Barack Obama and George W. Bush, who ushered in exemptions allowing troops to deploy domestically and arrest civilians in the wake of alleged terrorist acts.

Now we find ourselves struggling to retain some semblance of freedom in the face of police and law enforcement agencies that look and act like the military and have just as little regard for the Fourth Amendment, laws such as the NDAA that allow the military to arrest and indefinitely detain American citizens, and military drills that acclimate the American people to the sight of armored tanks in the streets, military encampments in cities, and combat aircraft patrolling overhead.

Making matters worse, we find out that the military plans to use southwestern states as staging grounds for guerilla warfare drills in which highly-trained military troops equipped with all manner of weapons turn American towns and cities in quasi-battlefields. Why? As they tell us, it’s so that special operations forces can get “realistic military training” in “hostile” territory.

They’ve even got a name for the exercise: Jade Helm 15.

Whether or not Americans have anything to fear from Jade Helm 15, a covert, multi-agency, multi-state, eight-week military training exercise set to take place this summer from July 15 through Sept. 15, remains to be seen.

Insisting that there’s nothing to be alarmed about, the Washington Post took great pains to point out that these military exercises on American soil are nothing new. For instance, there was Operation Bold Alligator, in which in which thousands of Marines and sailors carried out amphibious exercises against “insurgent” forces in Georgia and Florida. Operation Robin Sage had Green Beret soldiers engaging in guerrilla warfare in North Carolina. And Operation Derna Bridge sends Marine special forces into parts of South Carolina and the National Forest.

Yet if Americans are uneasy about this summer’s planned Jade Helm 15 military exercises, they have every right to be.

After all, haven’t we been urged time and time again to just “trust” the government to respect our rights and abide by the rule of law only to find that, in fact, our rights were being plundered and the Constitution disregarded at every turn?

Let’s assume, for the moment, that Jade Helm 15 is not a thinly veiled military plot to take over the country lifted straight out of director John Frankenheimer’s 1964 political thriller Seven Days in May, as some fear, but is merely a “routine” exercise for troops, albeit a blatantly intimidating flexing of the military’s muscles.

The problem arises when you start to add Jade Helm onto the list of other troubling developments that have taken place over the past 30 years or more: the expansion of the military industrial complex and its influence in Washington DC, the rampant surveillance, the corporate-funded elections and revolving door between lobbyists and elected officials, the militarized police, the loss of our freedoms, the injustice of the courts, the privatized prisons, the school lockdowns, the roadside strip searches, the military drills on domestic soil, the fusion centers and the simultaneous fusing of every branch of law enforcement (federal, state and local), the stockpiling of ammunition by various government agencies, the active shooter drills that are indistinguishable from actual crises, the economy flirting with near collapse, etc.

Suddenly, the overall picture seems that much more sinister. Clearly, as I point out in my new bookBattlefield America: The War on the American People, there’s a larger agenda at work here.

Seven years ago, the U.S. Army War College issued a report calling on the military to be prepared should they need to put down civil unrest within the country. Summarizing the report, investigative journalist Chris Hedges declared, “The military must be prepared, the document warned, for a ‘violent, strategic dislocation inside the United States,’ which could be provoked by ‘unforeseen economic collapse,’ ‘purposeful domestic resistance,’ ‘pervasive public health emergencies’ or ‘loss of functioning political and legal order.’ The ‘widespread civil violence,’ the document said, ‘would force the defense establishment to reorient priorities in extremis to defend basic domestic order and human security.’”

At what point will all of the government’s carefully drawn plans for dealing with civil unrest, “homegrown” terrorism and targeting pre-crime become a unified blueprint for locking down the nation?

For instance, what’s the rationale behind turning government agencies into military outposts? There has been a notable buildup in recent years of SWAT teams within non-security-related federal agencies such as Department of Agriculture, the Railroad Retirement Board, the Tennessee Valley Authority, the Office of Personnel Management, the Consumer Product Safety Commission, the U.S. Fish and Wildlife Service and the Education Department. As of 2008, “73 federal law enforcement agencies… [employ] approximately 120,000 armed full-time on-duty officers with arrest authority.” Four-fifths of those officers are under the command of either the Department of Homeland Security (DHS) or the Department of Justice.

What’s with all of the government agencies stockpiling hollow point bullets? For example, why does the Department of Agriculture need .40 caliber semiautomatic submachine guns and 320,000 rounds of hollow point bullets? For that matter, why do its agents need ballistic vests and body armor?

Why does the Postal Service need “assorted small arms ammunition”? Why did the DHS purchase “1.6 billion rounds of hollow-point ammunition, along with 7,000 fully-automatic 5.56x45mm NATO ‘personal defense weapons’ plus a huge stash of 30-round high-capacity magazines”? That’s in addition to the FBI’s request for 100 million hollow-point rounds. The Department of Education, IRS, the Social Security Administration, and the National Oceanic and Atmospheric Administration, which oversees the National Weather Service, are also among the federal agencies which have taken to purchasing ammunition and weaponry in bulk.

Why is the federal government distributing obscene amounts of military equipment, weapons and ammunition to police departments around the country? And why is DHS acquiring more than 2,500 Mine-Resistant Armored Protection (MRAP) vehicles, only to pass them around to local police departments across the country? According to the New York Times:

[A]s President Obama ushers in the end of what he called America’s “long season of war,” the former tools of combat — M-16 rifles, grenade launchers, silencers and more — are ending up in local police departments, often with little public notice. During the Obama administration, according to Pentagon data, police departments have received tens of thousands of machine guns; nearly 200,000 ammunition magazines; thousands of pieces of camouflage and night-vision equipment; and hundreds of silencers, armored cars and aircraft. The equipment has been added to the armories of police departments that already look and act like military units.

Why is the military partnering with local police to conduct training drills around the country? And what exactly are they training for? In Richland, South Carolina, for instance, U.S. army special forces participated in joint and secretive exercises and training with local deputies. The public was disallowed from obtaining any information about the purpose of the drills, other than being told that they might be loud and to not be alarmed. The Army and DHS also carried out similar drills and maneuvers involving Black Hawk helicopters in Texas, Florida, and other locations throughout the U.S., ostensibly in order to provide local police with “realistic” urban training.

What is being done to protect the American populace from the threat of military arms and forces, including unarmed drones, being used against them? Policy analysts point to Directive No. 3025.18, “DefenseSupport of Civil Authorities” (issued on Dec. 29, 2010), as justification for the government’s use of military force to put down civil unrest within the United States.

Why is FEMA stockpiling massive quantities of emergency supplies? On January 10, 2014, FEMA made a statement enlisting the service of contractors who could “supply medical biohazard disposal capabilities and 40 yard dumpsters to 1,000 tent hospitals across the United States; all required on 24-48 hour notice.” This coincides with other medical requests seeking massive amounts of supplies, such as “31,000,000 flu vaccinations,” “100,000 each of winter shirts and pants and the same for summer” and other goods and services requests as well like tarps, manufactured housing units, and beverages. And why does the TSA need $21,000 worth of potassium chlorate, a chemical compound often used in explosives?

Why is the Pentagon continuing to purchase mass amounts of ammunition while at the same time preparing to destroy more than $1 billion worth of bullets and missiles that are still viable?

Moreover, what is really being done to hold the Pentagon accountable for its doctored ledgers, fraudwasteand mismanagement, which has cost the taxpayer trillions of dollars? According to Reuters, “The Pentagon is the only federal agency that has not complied with a law that requires annual audits of all government departments. That means that the $8.5 trillion in taxpayer money doled out by Congress to the Pentagon since 1996, the first year it was supposed to be audited, has never been accounted for. That sum exceeds the value of China’s economic output.”

Given the similarities between the government’s Live Active Shooter Drill training exercises, carried out at schools, in shopping malls, and on public transit, which can and do fool law enforcement officials, students, teachers and bystanders into thinking it’s a real crisis, how much of what is being passed off as real is, in fact, being staged by DHS for the “benefit” of training law enforcement, leaving us none the wiser? These training exercises come complete with their own set of professionally trained Crisis Actors playing the parts of shooters, bystanders and victims in order to help schools and first responders create realistic drills, full-scale exercises, high-fidelity simulations, and interactive 3D films.

Given that Americans are 110 times more likely to die of foodborne illness than in a terrorist attack, why is the government spending trillions of dollars on “national security”? How exactly is the $75 billion given to various intelligence agencies annually to keep us “safe” being spent? And why is the DHS giving away millions of dollars’ worth of federal security grants to states that federal intelligence agencies ruled have “no specific foreign or domestic terrorism threat”?

Why is the government amassing names and information on Americans considered to be threats to the nation, and what criteria is the government using for this database? Keep in mind that this personal information is being acquired and kept without warrant or court order. It’s been suggested that in the event of nuclear war, the destruction of the U.S. Government, and the declaration of martial law, this Main Core database, which as of 2008 contained some 8 million names of Americans, would be used by military officials to locate and round up Americans seen as threats to national security, a program to be carried about by the Army and FEMA.

Taken individually, these questions are alarming enough. But put them together and they add up to the kind of trouble that the American founding fathers not only warned against but from which they fought to free themselves.

Indeed, when viewed collectively, they leave one wondering what exactly the U.S. government is preparing for and whether American citizens shouldn’t be preparing, as well, for that eventuality when our so-called “government of the people, by the people, for the people” is no longer answerable to “we the people.”

 2-6-2015 10-13-51 AM

The New World Order

April 27th, 2015 by

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4-27-2015 11-19-06 AM

BY TRUTHER

 

As the 20th-century idols of atheism, humanism and communism have become mainstream and now accepted by most, we are now moving to a contest for the souls and minds of Americans where we now face formidable opponents in godless liberal collectivists, neo-conservative fascists, globalists, New Age religion, Islam and Satanism

No longer are we only threatened from without by a group of balding hard-line Communists – we are now threatened from within – by a group of intelligent, well-dressed globalists who are convincing America and the nations of the world that the only way to lasting world peace is the establishment of a … New World Order.”

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and he carries his banners openly. But the traitor moves among those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not traitor, he speaks in the accents familiar to his victims, and he wears their face and their garments, and he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of a city, he infects the body politic so that it can no longer resist. A murderer is less to be feared.” – Cicero, 42 B.C.

What is the New World Order?

New World Order is a term used to describe the uniting of the world’s superpowers to secure and maintain global peace, safety, and security. Synonymous with the term New World Order are the terms one world government, global governance, globalization, and Agenda 21. All these terms are used interchangeably and at different times to communicate to different audiences. Make no mistake – they all basically mean the same thing.

President Dwight D. Eisenhower warned us in his farewell address to the nation on Jan. 17, 1961 about the New World Order. He spoke of the importance of guarding against the potential influence of the “military industrial complex”, the dangers of massive deficit spending, government influence on scholars, and a “scientific technoligical elite”.

Months later after taking office, President John F. Kennedy explained that he, too, recognized the New World Order; how it worked, who was behind it, and its dangers. He spoke about it in a speech on April 27, 1961. He said, “For we are opposed around the world by a monolithic and ruthless conspiracy that relies on covert means for expanding its sphere of influence–on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day. It is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific and political operations. Its preparations are concealed, not published. Its mistakes are buried not headlined. Its dissenters are silenced, not praised. No expenditure is questioned, no rumor is printed, no secret is revealed.

The public disclosure of the New World Order was silenced on Nov. 22, 1963 when President Kennedy was cut down by an assassins bullet. Subsequent Presidents Johnson, Nixon, Ford, Carter, and Reagan got the message and little was heard about a New World Order. Instead, the infrastructure of the New World Order were quietly developed while the world succumbed to what Eisenhower called, “the impulse to live only for today, plundering, for our own ease and convenience, the precious resources of tomorrow.”

While the New World Order continued to operate behind closed doors, voices began to emerge in the 1970’s from an awakening liberty movement. In 1972, Gary Allen wrote with Larry Abraham, None Dare Call It Conspiracy. Antony Sutton wrote a series of books exposing the infrastructure of the New World Order including his most important work, America’s Secret Establishment: An Introduction to the Order of Skull & Bones in 1983.

EndGame: Blueprint for Global Enslavement
Alex Jones has been exposing the New World Order for over 17 years and produced a film in 2007 called, EndGame: Blueprint for Global Enslavement. He describes it as basically:

A consortium of six private megabanks that have gotten governments in the western world in the last 200 years to accept unlimited fiat currency they control. They literally control the issuance of currency and credit and are able to take over economies in an unfair trade advantage.

  • They are monopolistic and authoritarianin their every move.
  • They are anti-human. They are robber barons who have codified their dictatorial activities into a cosmology and world view system known as eugenics. Under modern names, it is known as transhumanism.
  • They are pushing a world soviet run by private interests. It is not the communism you have been taught about; is not the true communism. It is a corporate fascism on top, directing a compartmentalized soviet communitarian model on the bottom. Two different systems.
  • It is government for and by inbred scientific technocratswho openly, in all their publications, are announcing a planetary world government to shut off resources incrementally until you are disarmed and poor and have no way to resist. Then, from their high tech armored fortresses and underground bunkers will launch drone and robot delivered bio and chemical attacks reducing the world population by up to 99%.
  • They have openly announced they have established world government over the entire planet. They are mopping up a few isolated areas to bring them into their globalist control.
    • They have backroom deals with Chinaand has pretty much absorbed the communist model there. Russia is a dictatorial authoritarian system, but compared to the anglo-America variety, is not yet eugenics based at this time. The globalists are still contending with them, infiltrating their country, openly trying to overthrow it publicly.
  • They are overthrowing the family.
  • They are overthrowing any religious systembecause the state has to be god, and has to be replaced with that.
  • They are rewriting the genetic codeof humanity and almost every other major species of plant and animal.
  • They are destroying the gut flora, so they can come sell us new gut flora making us totally dependant on them – those that are even allowed to live in the next phase before mass extermination.

Their agenda is hidden in plain view. They think you are so stupid, they have written all their plansdown, and have implemented their plans. And, they are following their plan to the tee, although they are six or seven years behind, but are following it all exactly as they said they would.

They believe once they have fully established their New World Order agenda, they will be as gods and will live forever.

Conspiracy Theory or Fact?

New World Order – Time to blow the cover

Many people dismiss the New World Order as a conspiracy theory. In truth, it is neither a conspiracy nor a theory. It may be true there are many conspirators working within the New World Order, in it’s broader application, the New World Order is really more of an agenda by a group of satanic inspired oligarchy of the world’s richest families to dominate, control and manipulate governments, industry and media organizations worldwide. To facilitate the management of this agenda calls for the elimination of 1/2 the world population through war, disease, abortion and famine. As Psalm 2 said, The kings of the earth (governments) rise up and the rulers band together (a conspiracy) against the LORD and against his anointed.

The phrase, “conspiracy theory” was popularized by the CIA in an attempt to discredit those criticizing the Warren Report. (see CIA Document 1035-960). The agency directed it’s members “to employ propaganda assets to [negate] and refute the attacks of the critis.” In a 2009 article, Obama’s former Information Czar, Cass Sunstein considered appropriate government responses to conspiracy theories: What can government do about conspiracy theories? Among the things it can do, what should it do? We can readily imagine a series of possible responses.

1.Government might ban conspiracy theorizing.

2.Government might impose some kind of tax, financial or otherwise, on  those who disseminate such theories.

3.Government might itself engage in counterspeech, marshaling arguments to discredit conspiracy theories.

4.Government might formally hire credible private parties to engage in counterspeech.

5.Government might engage in informal communication with such parties, encouraging them to help.

Each instrument has a distinctive set of potential effects, or costs and benefits, and each will have a place under imaginable conditions. However, our main policy idea is that government should engage in cognitive infiltration of the groups that produce conspiracy theories, which involves a mix of (3), (4) and (5).[Sunstein, C. R.; Vermeule, A. (2009). “Conspiracy Theories: Causes and Cures”. Journal of Political Philosophy 17 (2): 202.]

Wake Up Citizens The New World Order is Coming
There is not a New World Order conspiracy. It is an agenda that has been in play for years and is now coming into full view. Wake up fellow citizens!! See what’s happening. Research the New World Order for yourself and prepare yourself… if not for yourself, do it for your children.

Any intelligent person examining history and events occurring today cannot describe it as a theory either, rather the New World Order is clearly documented in historical documents in both the words and actions of world leaders. The modern-day New World Order agenda is not hidden. It has been detailed in documents from the Council of Foreign Relations, Trilateral Commission, Bilderberg Group, Club of Rome, United Nations, World Bank, and the International Monetary Fund.

You are NOW being Prepared (groomed) for the New World Order
A New World Order has been a long time in the making, its pieces fitting into place from divergent realms and with many different players. The Globalists’ agenda is a diabolical program which, through patient gradualism, is slowly draining the spiritual, moral, economic and political life blood from the worlds population.

What Every Christian Should Know about the New World Order
The first attempt to establish a New World Order was by a united humanity of the generations following the Great Flood, speaking a single language and migrating from the east, who came to the land of Shinar and built the Tower of Babel (Genesis 11). Later, Satan tempted even Jesus, promising Him world dominion as His reward (Matthew 4:1-11). This same promise has been given to scores of other men over the ages. History tells of many who have accepted the Great Deceiver’s terms.

The Second Vatican Council (Gaudium et Spes) declared, “It is our clear duty, therefore, to strain every muscle in working for the time when all war can be completely outlawed by international consent. This goal undoubtedly requires the establishment of some universal public authority acknowledged as such by all and endowed with the power to safeguard on the behalf of all, security, regard for justice, and respect for rights. But before this hoped for authority can be set up, the highest existing international centers must devote themselves vigorously to the pursuit of better means for obtaining common security.”

Pope Paul VI wrote in the Encyclical titled, POPULORUM PROGRESSIO, in a section called “Toward an Effective World Authority,” Such international collaboration among the nations of the world certainly calls for institutions that will promote, coordinate and direct it, until a new juridical order is firmly established and fully ratified. We give willing and wholehearted support to those public organizations that have already joined in promoting the development of nations, and We ardently hope that they will enjoy ever growing authority. As We told the United Nations General Assembly in New York: “Your vocation is to bring not just some peoples but all peoples together as brothers. . . Who can fail to see the need and importance of thus gradually coming to the establishment of a world authority capable of taking effective action on the juridical and political planes?

World leaders are excited at the prospects for peace and there has been much talk about entering a “new era” and about the establishment of a “New World Order.”

Adolph Hitler said during World War II, “National Socialism will use its own revolution for establishing a new world order.” While Nazi Germany was destroyed for its hubris, the Nazi ideals of a new world order continue to this day and Hitler’s philosophies are embraced by modern day world leaders. Take a look around you, listen to the rhetoric… today’s modern society is repeating the past and reconstituting much of the Nazi philosophies into more acceptable terms.

“Those who cannot remember the past are condemned to repeat it.” – George Santayana

Just as Adolph Hitler used terror tactics to subdue his competitors, governments today still use those same tactics to dominate their rivals. Just as Hitler’s masterful use of propaganda lulled a population into accepting his draconian agenda, populations today are being tranquilized into the same kind of mindless submission to authority. And Hitler’s Malthusian eugenics policy of a master race is unmistakable still in today’s genetics based transhumanism.

Mikhail Gorbachev was the first modern world leader to come out publicly with talk of a “new world order,” and he did so nearly two years before George Bush caught the vision. In his historic address to the United Nations on December 7, 1988, the Soviet Prime Minister made this dogmatic and even prophetic statement: “Further global progress is now possible only through a quest for universal consensus in the movement towards a new world order.”

New World Order
George Bush proved to be a good and faithful servant of the “brotherhood” in making the “New World Order” agenda a priority focus of his administration. Just before leaving for Helsinki, Finland, early in September 1990 to discuss the Persian Gulf crisis at his summit meeting with Soviet President Gorbachev, President George Bush expressed the hope that “the foundation for the new world order would be laid in Helsinki” and that it would be established under the United Nations.

At the news conference with Gorbachev following their historic meeting, President Bush declared optimistically: “If the nations of the world, acting together, continue as they have been we will set in place the cornerstone of an international order more peaceful than any that we have known.”

The New World Order was next established as a legitimate national agenda in 1993 by a socialist Democrat, Bill Clinton. Both George Bush and Bill Clinton were beholding to the same secret orders, codes and financiers, and as a result, probably engineered the change of Presidents by manipulating the American people to pull the plug on Bush. George Bush may have actually been running a campaign to LOSE the presidency.

Globalists welcomed this as democracy’s finest hour – through manipulation, the democratic system installed a socialist, new age, one-world leader with the charismatic appeal of John F. Kennedy to do their bidding! Few Americans now understand that, what was long planned and covertly implemented, is well on its way to fruition.

During Clinton’s reign, New World Order Socialists publicly came out of the closet in the U.S. House of Representatives. The powerful and popular lobby called the Progressive Caucus now began openly espousing the principles of socialism and publicly signed onto the agenda of the Democratic Socialists of America.

Masterfully using the Hegelian Dialectic, Bill Clinton’s favorite answer to all questions was government. Got a problem? Bill Clinton’s new government program can fix it. Lost your job? Sign up for an employee retraining program. Feeling a little under the weather? A visit to your regional health alliance will shape you up. Having difficulty raising your children? Join our village because “It takes more than a family to raise children.”

Bill and Hillary were introducing Americans to the 21st Century “Brave New World” described by Aldous Huxley in 1932 where humanity lives in a carefree, healthy, and technologically advanced society.

Bread and Circuses
Warfare and poverty are to be eliminated in their “village” and everyone is permanently happy due to government-provided bread and circuses. Clinton advanced the more hedonistic society, deriving pleasure from promiscuous sex and drug use, what Huxley called soma – a powerful psychotropic rationed by the government that is taken to escape pain and bad memories through hallucinatory fantasies, referred to as “Holidays”. Of course, these things are achieved by eliminating many things that we consider to be central to our identity – family, culture, art, literature, science, religion, and philosophy.

“We are redefining in practical terms the immutable ideals that have guided us from the beginning.”– President Bill Clinton

Adam Wisehophf, founder of The Order of the Illumination, designed the very plan of world domination that is still in use today to enslave the world’s masses. Upon establishing his “Order of the Illuminati”, he smugly reflects on his “conning” the gullible Christians of his day, saying:“The most wonderful thing of all is that the distinguished Lutheran and Calvinist theologians who belong to our order really believe that they see in it (Illuminati) the true and genuine sense of Christian Religion. Oh mortal man, is there anything you cannot be made to believe?”

Today, a high percentage of Christians are still being conned in the same way. One prime example of this are the millions of Christians, and most church denominations, who have fallen for the NWO plan of a “One World Religion”, being spearheaded by the United Nations and World Counsel of Churches, behind the battle cry of ecumenicalism.

OLDDOGS COMMENTS

For fifteen years I studied and compared Calvinist theology to the garbage being promoted over the last hundred years and concluded it was the closest thing to Biblical Christianity. At the close of my studies I was and remain convinced that humanity as it is today does not know God, and the N.W.O. like everything else is totally under his control. If you reject Jesus Christ, there is no hope for you. For us to suffer is nothing in comparison to what he endured for our sake.  Therefore, I will fight to the death to promote a FREE WORLD ORDER.

 2-6-2015 10-13-51 AM

Battlefield America The War on the American People

April 22nd, 2015 by

http://www.thedailybell.com/editorials/36250/John-Whitehead-Battlefield-America-The-War-on-the-American-People/?uuid=6F80FACC-5056-9627-3C224900D5600C65

12-21-2014 7-40-05 AM

By John Whitehead – April 22, 2015

“A government which will turn its tanks upon its people, for any reason, is a government with a taste of blood and a thirst for power and must either be smartly rebuked, or blindly obeyed in deadly fear.” – John Salter

We have entered into a particularly dismal chapter in the American narrative, one that shifts us from a swashbuckling tale of adventure into a bone-chilling horror story.

As I document in my new book Battlefield America: The War on the American People, “we the people” have now come full circle, from being held captive by the British police state to being held captive by the American police state. In between, we have charted a course from revolutionaries fighting for our independence and a free people establishing a new nation to pioneers and explorers, braving the wilderness and expanding into new territories.

To our dismay, we now find ourselves scrambling for a foothold as our once rock-solid constitutional foundation crumbles beneath us. And no longer can we rely on the president, Congress, the courts, or the police to protect us from wrongdoing.

Indeed, they have come to embody all that is wrong with America.

For instance, how does a man who is relatively healthy when taken into custody by police lapse into a coma and die while under their supervision? What kind of twisted logic allows a police officer to use a police car to run down an American citizen and justifies it in the name of permissible deadly force? And what country are we living in where the police can beat, shoot, choke, taser and tackle American citizens, all with the protection of the courts?

Certainly, the Constitution’s safeguards against police abuse means nothing when government agents can crash through your door, terrorize your children, shoot your dogs, and jail you on any number of trumped of charges, and you have little say in the matter. For instance, San Diego police, responding to a domestic disturbance call on a Sunday morning, showed up at the wrong address, only to shoot the homeowner’s 6-year-old service dog in the head.

Rubbing salt in the wound, it’s often the unlucky victim of excessive police force who ends up being charged with wrongdoing. Although 16-year-old Thai Gurule was charged with resisting arrest and strangling and assaulting police officers, a circuit judge found that it was actually the three officers who unlawfully stopped, tackled, punched, kneed, tasered and yanked his hair who were at fault. Thankfully, bystander cell phone videos undermined police accounts, which were described as “works of fiction.”

Not even our children are being spared the blowback from a growing police presence. As one juvenile court judge noted in testimony to Congress, although having police on public school campuses did not make the schools any safer, it did result in large numbers of students being arrested for misdemeanors such as school fights and disorderly conduct. One 11-year-old autistic Virginia student was charged with disorderly conduct and felony assault after kicking a trashcan and resisting a police officer’s attempt to handcuff him. A 14-year-old student was tasered by police, suspended and charged with disorderly conduct, resisting arrest and trespassing after he failed to obey a teacher’s order to be the last student to exit the classroom.

There is no end to the government’s unmitigated gall in riding roughshod over the rights of the citizenry, whether in matters of excessive police powers, militarized police, domestic training drills, SWAT team raids, surveillance, property rights, over-criminalization, roadside strip searches, profit-driven fines and prison sentences, etc.

The president can now direct the military to detain, arrest and secretly execute American citizens. These are the powers of an imperial dictator, not an elected official bound by the rule of law. For the time being, Barack Obama wears the executioner’s robe, but you can rest assured that this mantle will be worn by whomever occupies the Oval Office in the future.

A representative government means nothing when the average citizen has little to no access to their elected officials, while corporate lobbyists enjoy a revolving door relationship with everyone from the President on down. Indeed, while members of Congress hardly work for the taxpayer, they work hard at being wooed by corporations, which spend more to lobby our elected representatives than we spend on their collective salaries. For that matter, getting elected is no longer the high point it used to be. As one congressman noted, for many elected officials, “Congress is no longer a destination but a journey… [to a] more lucrative job as a K Street lobbyist… It’s become routine to see members of Congress drop their seat in Congress like a hot rock when a particularly lush vacancy opens up.”

As for the courts, they have long since ceased being courts of justice. Instead, they have become courts of order, largely marching in lockstep with the government’s dictates, all the while helping to increase the largesse of government coffers. It’s called for-profit justice, and it runs the gamut of all manner of financial incentives in which the courts become cash cows for communities looking to make an extra buck. As journalist Chris Albin-Lackey details, “They deploy a crushing array of fines, court costs, and other fees to harvest revenues from minor offenders that these communities cannot or do not want to raise through taxation.” In this way, says Albin-Lackey, “A resident of Montgomery, Alabama who commits a simple noise violation faces only a $20 fine—but also a whopping $257 in court costs and user fees should they seek to have their day in court.”

As for the rest—the schools, the churches, private businesses, service providers, nonprofits and your fellow citizens—many are also marching in lockstep with the police state. This is what is commonly referred to as community policing. After all, the police can’t be everywhere. So how do you police a nation when your population outnumbers your army of soldiers? How do you carry out surveillance on a nation when there aren’t enough cameras, let alone viewers, to monitor every square inch of the country 24/7? How do you not only track but analyze the transactions, interactions and movements of every person within the United States? The answer is simpler than it seems: You persuade the citizenry to be your eyes and ears.

It’s a brilliant ploy, with the added bonus that while the citizenry remains focused on and distrustful of each other, they’re incapable of focusing on more definable threats that fall closer to home—namely, the government and its militarized police. In this way, we’re seeing a rise in the incidence of Americans being reported for growing vegetables in their front yard, keeping chickens in their back yard, letting their kids walk to the playground alone, and voicing anti-government sentiments. For example, after Shona Banda’s son defended the use of medical marijuana during a presentation at school, school officials alerted the police and social services, and the 11-year-old was interrogated, taken into custody by social workers, had his home raided by police and his mother arrested.

Now, it may be that we have nothing to worry about. Perhaps the government really does have our best interests at heart. Perhaps covert domestic military training drills such as Jade Helm really are just benign exercises to make sure our military is prepared for any contingency. As the Washington Post describes the operation:

The mission is vast both geographically and strategically: Elite service members from all four branches of the U.S. military will launch an operation this summer in which they will operate covertly among the U.S. public and travel from state to state in military aircraft. Texas, Utah and a section of southern California are labeled as hostile territory, and New Mexico isn’t much friendlier.

Now, I don’t believe in worrying over nothing, but it’s safe to say that the government has not exactly shown itself to be friendly in recent years, nor have its agents shown themselves to be cognizant of the fact that they are civilians who answer to the citizenry, rather than the other way around.

Whether or not the government plans to impose some form of martial law in the future remains to be seen, but there can be no denying that we’re being accustomed to life in a military state. The malls may be open for business, the baseball stadiums may be packed, and the news anchors may be twittering nonsense about the latest celebrity foofa, but those are just distractions from what is really taking place: the transformation of America into a war zone.

Trust me, if it looks like a battlefield (armored tanks on the streets, militarized police in metro stations, surveillance cameras everywhere), sounds like a battlefield (SWAT team raids nightly, sound cannons to break up large assemblies of citizens), and acts like a battlefield (police shooting first and asking questions later, intimidation tactics, and involuntary detentions), it’s a battlefield.

Indeed, what happened in Ocala, Florida, is a good metaphor for what’s happening across the country: Sheriff’s deputies, dressed in special ops uniforms and riding in an armored tank on a public road, pulled a 23-year-old man over and issued a warning violation to him after he gave them the finger. The man, Lucas Jewell, defended his actions as a free speech expression of his distaste for militarized police.

Translation: “We the people” are being hijacked on the highway by government agents with little knowledge of or regard for the Constitution, who are hyped up on the power of their badge, outfitted for war, eager for combat, and taking a joy ride—on taxpayer time and money—in a military tank that has no business being on American soil.

Rest assured, unless we slam on the brakes, this runaway tank will soon be charting a new course through terrain that bears no resemblance to land of our forefathers, where freedom meant more than just the freedom to exist and consume what the corporate powers dish out.

Rod Serling, one of my longtime heroes and the creator of “The Twilight Zone,” understood all too well the danger of turning a blind eye to evil in our midst, the “things that scream for a response.” As Serling warned, “if we don’t listen to that scream – and if we don’t respond to it – we may well wind up sitting amidst our own rubble, looking for the truck that hit us – or the bomb that pulverized us. Get the license number of whatever it was that destroyed the dream. And I think we will find that the vehicle was registered in our own name.”

If you haven’t managed to read the writing on the wall yet, the war has begun.

This article contributed courtesy of The Rutherford Institute. For original article with all live links, click here.

2-6-2015 10-13-51 AM

 

Presidents, Prime Ministers, Congressmen, Generals, Spooks, Soldiers, and Police, ADMIT to False Flag Terror

April 20th, 2015 by

https://www.lewrockwell.com/2015/03/no_author/presidents-prime-ministers-generals-spooks-and-police/

 By Washington’s Blog

Not Theory … Admitted Fact

There are many documented false flag attacks, where a government carries out a terror attack … and then falsely blames its enemy for political purposes.

In the following instances, officials in the government which carried out the attack (or seriously proposed an attack) admit to it, either orally or in writing:

(1) Japanese troops set off a small explosion on a train track in 1931, and falsely blamed it on China in order to justify an invasion of Manchuria. This is known as the “Mukden Incident” or the “Manchurian Incident”. The Tokyo International Military Tribunal found: “Several of the participators in the plan, including Hashimoto [a high-ranking Japanese army officer],have on various occasions admitted their part in the plot and have stated that the object of the ‘Incident’ was to afford an excuse for the occupation of Manchuria by the Kwantung Army ….” And see this.

(2) A major with the Nazi SS admitted at the Nuremberg trials that – under orders from the chief of the Gestapo – he and some other Nazi operatives faked attacks on their own people and resources which they blamed on the Poles, to justify the invasion of Poland.

(3) Nazi general Franz Halder also testified at the Nuremberg trials that Nazi leader Hermann Goering admitted to setting fire to the German parliament building in 1933, and then falsely blaming the communists for the arson.

(4) Soviet leader Nikita Khrushchev admitted in writing that the Soviet Union’s Red Army shelled the Russian village of Mainila in 1939 – while blaming the attack on Finland – as a basis for launching the “Winter War” against Finland. Russian president Boris Yeltsin agreed that Russia had been the aggressor in the Winter War.

(5) The Russian Parliament, current Russian president Putin and former Soviet leader Gorbachev all admit that Soviet leader Joseph Stalin ordered his secret police to execute 22,000 Polish army officers and civilians in 1940, and then falsely blamed it on the Nazis.

(6) The British government admits that – between 1946 and 1948 – it bombed 5 ships carrying Jews attempting to flee the Holocaust to seek safety in Palestine, set up a fake group called “Defenders of Arab Palestine”, and then had the psuedo-group falsely claim responsibility for the bombings (and see this,this and this).

(7) Israel admits that in 1954, an Israeli terrorist cell operating in Egypt planted bombs in several buildings, including U.S. diplomatic facilities, then left behind “evidence” implicating the Arabs as the culprits (one of the bombs detonated prematurely, allowing the Egyptians to identify the bombers, and several of the Israelis later confessed) (and see this and this).

(8) The CIA admits that it hired Iranians in the 1950′s to pose as Communists and stage bombings in Iran in order to turn the country against its democratically-elected prime minister.

(9) The Turkish Prime Minister admitted that the Turkish government carried out the 1955 bombing on a Turkish consulate in Greece – also damaging the nearby birthplace of the founder of modern Turkey – and blamed it on Greece, for the purpose of inciting and justifying anti-Greek violence.

(10) The British Prime Minister admitted to his defense secretary that he and American president Dwight Eisenhower approved a plan in 1957 to carry out attacks in Syria and blame it on the Syrian government as a way to effect regime change.

(11) The former Italian Prime Minister, an Italian judge, and the former head of Italian counterintelligence admit that NATO, with the help of the Pentagon and CIA, carried out terror bombings in Italy and other European countries in the 1950s and blamed the communists, in order to rally people’s support for their governments in Europe in their fight against communism. As one participant in this formerly-secret program stated: “You had to attack civilians, people, women, children, innocent people, unknown people far removed from any political game. The reason was quite simple. They were supposed to force these people, the Italian public, to turn to the state to ask for greater security” (and see this) (Italy and other European countries subject to the terror campaign had joined NATO before the bombings occurred). And watch this BBC special. They also allegedly carried out terror attacks in France, Belgium, Denmark, Germany, Greece, the Netherlands, Norway, Portugal, the UK, and other countries.

False flag attacks carried out  through this program include – by way of example only:

(12) In 1960, American Senator George Smathers suggested that the U.S. launch “a false attack be made on Guantanamo Bay which would give us the excuse of actually fomenting a fight which would then give us the excuse to go in and [overthrow Castro]“.

(13) Official State Department documents show that, in 1961, the head of the Joint Chiefs and other high-level officials discussed blowing up a consulate in the Dominican Republic in order to justify an invasion of that country. The plans were not carried out, but they were all discussed as serious proposals.

(14) As admitted by the U.S. government, recently declassified documents show that in 1962, the American Joint Chiefs of Staff signed off on a plan to blow up AMERICAN airplanes (using an elaborate plan involving the switching of airplanes), and also to commit terrorist acts on American soil, and then to blame it on the Cubans in order to justify an invasion of Cuba. See the following ABC news reportthe official documents; and watch this interview with the former Washington Investigative Producer for ABC’s World News Tonight with Peter Jennings.

(15) In 1963, the U.S. Department of Defense wrote a paper promoting attacks on nations within the Organization of American States – such as Trinidad-Tobago or Jamaica – and then falsely blaming them on Cuba.

 (16) The U.S. Department of Defense even suggested covertly paying a person in the Castro government to attack the United States: “The only area remaining for consideration then would be to bribe one of Castro’s subordinate commanders to initiate an attack on Guantanamo.”

(17) The NSA admits that it lied about what really happened in the Gulf of Tonkin incident in 1964 … manipulating data to make it look like North Vietnamese boats fired on a U.S. ship so as to create a false justification for the Vietnam war.

(18) A U.S. Congressional committee admitted that – as part of its “Cointelpro” campaign – the FBI had used many provocateurs in the 1950s through 1970s to carry out violent acts and falsely blame them on political activists.

(19) A top Turkish general admitted that Turkish forces burned down a mosque on Cyprus in the 1970s and blamed it on their enemy. He explained: “In Special War, certain acts of sabotage are staged and blamed on the enemy to increase public resistance. We did this on Cyprus; we even burnt down a mosque.” In response to the surprised correspondent’s incredulous look the general said, “I am giving an example”.

(20) The German government admitted (and see this) that, in 1978, the German secret service detonated a bomb in the outer wall of a prison and planted “escape tools” on a prisoner – a member of the Red Army Faction – which the secret service wished to frame the bombing on.

OLDDOGS COMMENTS

There is no greater danger to a Nation than the people who run it. The politicians take their orders from the N.G.Os., think tanks, large corporations, and Bankers; and the orders are designed and issued by the International Banking Cartel.

All the while, the ignorant citizens believe their government is elected by the people for the benefit of the people, and those who believe their government can and will do the right thing, are just plain ignorant.

All power resides with those who control the world’s commerce.

WAR IS A RICH MANS RACKET!

Keep the people afraid, and they will support their real enemies’,

 AND PEACEFULLY SUBMIT TO TYRANNY!

If Americans had any real courage, the politicians would all be hanging upside down on the street lights.

2-6-2015 10-13-51 AM

Huge Trouble Is Percolating Just Under The Surface Of The Global Economy

April 17th, 2015 by

http://theeconomiccollapseblog.com/archives/huge-trouble-is-percolating-just-under-the-surface-of-the-global-economy

4-17-2015 9-31-09 AM

By Michael Snyder 

 Did you know that the number of publicly traded companies declaring bankruptcy has reached a five year high?  And did you know that Chinese exports are absolutely collapsing and that Chinese economic growth in 2014 was the weakest in over 20 years?  Even though things may seem to be okay on the surface for the global economy at the moment, that does not mean that big trouble is not percolating just under the surface.  On Wednesday, investors cheered as stocks soared to new highs, but almost all of the economic news coming in from around the planet has been bad.  The credit rating on Greek debt has been slashed again, global economic trade is really slowing down, and many of the exact same financial patterns that we saw just before the crash of 2008 are repeating once again.  All of this reminds me of the months leading up to the implosion of Lehman Brothers.  Most people were feeling really good about things, but huge trouble was brewing just underneath the surface.  Finally, one day we learned that Lehman Brothers had “suddenly” collapsed, and then all hell broke loose.

If the economy is actually “getting better” like we are being told by the establishment media, then why are so many big companies declaring bankruptcy?  According to CNBC, the number of publicly traded companies declaring bankruptcy has hit a five year high…

The number of bankruptcies among publicly traded U.S. companies has climbed to the highest first-quarter level for five years, according to a Reuters analysis of data from research firm bankruptcompanynews.com.

Plunging prices of crude oil and other commodities is one of the major reasons for the increased filings, and bankruptcy experts said a more aggressive stance by lenders may also be hurting some companies.

It is interesting to note that the price of oil is being named as one of the primary reasons why this is happening.

In an article entitled “Anyone That Believes That Collapsing Oil Prices Are Good For The Economy Is Crazy“, I warned about this.  If the price of oil does not bounce back in a huge way, we are going to see a lot more companies go bankrupt, a lot more people are going to lose their jobs, and a lot more corporate debt is going to go bad.

And of course this oil crash has not just hurt the United States.  All over the world, economic activity is being curtailed because of what has happened to the price of oil…

In the heady days of the commodity boom, oil-rich nations accumulated billions of dollars in reserves they invested in U.S. debt and other securities. They also occasionally bought trophy assets, such as Manhattan skyscrapers, luxury homes in London or Paris Saint-Germain Football Club.

Now that oil prices have dropped by half to $50 a barrel, Saudi Arabia and other commodity-rich nations are fast drawing down those “petrodollar” reserves. Some nations, such as Angola, are burning through their savings at a record pace, removing a source of liquidity from global markets.

If oil and other commodity prices remain depressed, the trend will cut demand for everything from European government debt to U.S. real estate as producing nations seek to fill holes in their domestic budgets.

But it isn’t just oil.  We appear to be moving into a time when things are slowing down all over the place.

In a recent article, Zero Hedge summarized some of the bad economic news that has come in just this week…

Mortgage Apps tumble, Empire Fed slumps, and now Industrial Production plunges… Against expectations of a 0.3% drop MoM, US Factory Output was twice as bad at -0.6% – the worst since August 2012 (and lamost worst since June 2009). This is the 4th miss in a row.

If we are indeed heading into another economic downturn, that is really bad news, because at the moment we are in far worse shape than we were just prior to the last recession.

To help illustrate this, I want to share with you a couple of charts.

This first chart comes from the Federal Reserve Bank of St. Louis, and it shows that after you adjust for inflation, median income for the middle class is the lowest that it has been in decades

4-17-2015 9-32-14 AM

This next chart shows that median net worth for the middle class is also the lowest that it has been in decades after you adjust for inflation…

4-17-2015 9-32-14 AM

The middle class is being systematically destroyed.  For much more on this, please see this recent article that I published.  And now we are on the verge of another major economic slowdown.  That is not what the middle class needs at all.

We are also getting some very disturbing economic news out of China.

In 2014, economic growth in China was the weakest in more than 20 years, and Chinese export numbers are absolutely collapsing

China’s monthly trade data shows exports fell in March from a year ago by 14.6% in yuan terms, compared to expectations for a rise of more than 8%.

Imports meanwhile fell 12.3% in yuan terms compared to forecasts for a fall of more than 11%.

This is a clear sign that global economic activity is slowing down in a big way.

In addition, Chinese home prices are now falling at a faster pace then U.S. home prices fell during the subprime mortgage meltdown

It appeared as though things went from bad to worse nearly overnight; China’s National Bureau of Statistics said that contrary to hopes that there would be a modest rebound, the average new home price in China fell at the fastest pace on record in February, from the previous year.

Reuters reported that average new home prices in China’s 70 major cities fell 5.7 percent, year to year, in February – marking the sixth consecutive drop after January’s decline of 5.1 percent.

Things continue to get worse in Europe as well.

This week we learned that the credit rating for Greek government debt has been slashed once again

Standard & Poor’s has just cut Greece’s credit rating to “CCC+” from “B-” with a negative outlook.

S&P said it expected Greece’s debt to be “unsustainable.” It cited the potential for dissolving liquidity in the government, banks and economy.

And according to the Financial Times, we could actually be on the verge of witnessing a Greek debt default…

Greece is preparing to take the dramatic step of declaring a debt default unless it can reach a deal with its international creditors by the end of April, according to people briefed on the radical leftist government’s thinking.

The government, which is rapidly running out of funds to pay public sector salaries and state pensions, has decided to withhold €2.5bn of payments due to the International Monetary Fund in May and June if no agreement is struck, they said.

So I hope that those that are euphoric about the performance of their stock portfolios are taking their profits while they still can.

Huge trouble is percolating just under the surface of the global economy, and it won’t be too long before the financial markets start feeling the pain.

2-6-2015 10-13-51 AM

 

The Collapse Of The Petrodollar Oil Exporters Are Dumping US Assets At A Record Pace

April 16th, 2015 by

http://www.zerohedge.com/news/2015-04-15/collapse-petrodollar-oil-exporters-are-dumping-us-assets-record-pace

By Tyler Durden

Back in November we chronicled the (quiet) death of the Petrodollar, the system that has buttressed USD hegemony for decades by ensuring that oil producers recycled their dollar proceeds into still more USD assets creating a very convenient (if your printing press mints dollars) self-fulfilling prophecy that has effectively underwritten the dollar’s reserve status in the post WWII era. Here’s what we said last year:

Two years ago, in hushed tones at first, then ever louder, the financial world began discussing that which shall never be discussed in polite company – the end of the system that according to many has framed and facilitated the US Dollar’s reserve currency status: the Petrodollar, or the world in which oil export countries would recycle the dollars they received in exchange for their oil exports, by purchasing more USD-denominated assets, boosting the financial strength of the reserve currency, leading to even higher asset prices and even more USD-denominated purchases, and so forth, in a virtuous (especially if one held US-denominated assets and printed US currency) loop…

 Few would have believed that the Petrodollar did indeed quietly die, although ironically, without much input from either Russia or China, and paradoxically, mostly as a result of the actions of none other than the Fed itself, with its strong dollar policy, and to a lesser extent Saudi Arabia too, which by glutting the world with crude, first intended to crush Putin, and subsequently, to take out the US crude cost-curve, may have Plaxico’ed both itself, and its closest Petrodollar trading partner, the US of A.

 As Reuters reports, for the first time in almost two decades, energy-exporting countries are set to pull their “petrodollars” out of world markets this year.

4-16-2015 12-01-28 PM

Not long afterwards (and by that we mean “not long” in the sense that three months isn’t really that long when it comes to everyone catching on to what “fringe” bloggers say is likely important), Bank of America took notice in the form of interviews with a half dozen or so in- house economists whose views can be generally summed up as follows: “…the end of the Petrodollar recycling chain is said to impact everything from Russian geopolitics, to global capital market liquidity, to safe-haven demand for Treasurys, to social tensions in developing nations, to the Fed’s exit strategy.”

Here’s Goldman with a bit of color on the projected magnitude of the shifting Petrodollar dynamic:

We estimate that the new (lower) oil price equilibrium will reduce the supply of petrodollars by up to US$24 bn per month in the coming years, corresponding to around US$860 bn over the next three years. The ultimate impact, however, will depend on a number of key current account buffers (goods imports, net factor income and service imports). 

Against this backdrop we bring you the following, from Bloomberg which highlights the fact that oil producers are now liquidating their Petrodollar assets at a frenzied pace in the face of today’s “crude” realities:

In the heady days of the commodity boom, oil-rich nations accumulated billions of dollars in reserves they invested in U.S. debt and other securities. They also occasionally bought trophy assets, such as Manhattan skyscrapers, luxury homes in London or Paris Saint-Germain Football Clubs.

Now that oil prices have dropped by half to $50 a barrel, Saudi Arabia and other commodity-rich nations are fast drawing down those “petrodollar” reserves. Some nations, such as Angola, are burning through their savings at a record pace, removing a source of liquidity from global markets.

If oil and other commodity prices remain depressed, the trend will cut demand for everything from European government debt to U.S. real estate as producing nations seek to fill holes in their domestic budgets.

“This is the first time in 20 years that OPEC nations will be sucking liquidity out of the market rather than adding to it through investments,” said David Spegel, head of emerging markets sovereign credit research at BNP Paribas SA in London…

A concomitant drop in foreign reserves, revealed in data from national central banks and the IMF, is affecting nations from oil producer Oman to copper-rich Chile and cotton-growing Burkina Faso. Reserves are dropping faster than during the last commodity price plunge in 2008 and 2009.

The drawdown reverses a decade-long inflow into the coffers of commodity-rich nations which helped to increase funds available for investment and boost asset prices. Bond purchases have helped to keep interest rates low.

Oil producers recycled a large portion of their petrodollars — a term coined for the dollar-denominated oil trade — by buying sovereign debt of the U.S. and other countries. As they draw down reserves, Middle East countries are likely to sell “low-yielding European assets,” George Saravelos, strategist at Deutsche Bank AG, said in a note to clients.

Available data shows foreign savings by commodity-rich nations are dropping across the board. In Chile, the world’s top copper exporter, foreign savings fell $1.9 billion in February, the biggest drop in three years.

Analysts and officials anticipate that commodity-rich countries will continue selling off foreign assets through the year.

The IMF’s Arezki said that unless they cut spending, resources-rich nations “have no choice but to draw on their financial assets when available” as oil prices are well below the fiscal break-even needed by many exporting nations. The IMF estimates that many oil countries would only balance their budgets if crude prices recover to $75 or higher.

And so the liquidity drain is on, the only question is how far reaching the consequences will be and whether DM central bank largesse can effectively offset the implications of the petrodollar spigot being turned completely off for the first time in nearly two decades, representing a monumental fall from the more than $500 billion in EM Petrodollars that inundated the market just seven years ago. Here’s an interesting take on this from Citi:

The longer crude prices persist at current levels, the more likely it is that these investors stop seeing inflows. And if that were to be the case, then the drop in crude prices could end up effectively offsetting further balance-sheet expansion from the BoJ and ECB.

Naysayers will argue that the two aren’t equivalent: QE is money creation while petrodollars are a zero-sum game. In other words, while petrodollars are being accumulated at a slower rate because crude prices have dropped, other economic actors are experiencing a corresponding windfall. 

While that’s certainly the case, what matters is how the savings from lower crude oil prices end up getting invested relative to the investments made by sovereign wealth funds and FX reserve managers. And on that score, we suspect that petrodollar investors generally make conservative investments that are inherently fixed income-friendly, while the savings from lower gasoline prices tend to grow the top line revenue of consumer-oriented companies and the margins of those companies with significant transportation costs. As such, forsaken petrodollars rarely find their way back into fixed income markets.

In a very real sense then, we’d argue that the decline in petrodollar growth is likely to equate to less demand for fixed income securities and make the withdrawal of Fed QE that much more palpable. 

As we said back in February, “…few actually grasped the implications of what plunging oil really means in a world in which this most financialized of commodities plays a massive role in both the global economy and capital markets, not to mention in geopolitics, with implications far, far greater than the amateurish ‘yes, but gas is now cheaper’ retort.” In the end, the real question may be this: what happens socially and politically in EM oil producing states when, after years of depressed prices, the coffers finally run dry?

Here’s the schematic again:

4-16-2015 12-04-18 PM

2-6-2015 10-13-51 AM

 

No Matter Who Wins the White House the New Boss Will Be the Same as the Old Boss

April 14th, 2015 by

http://us4.campaign-archive1.com/?u=f6eb78f457b7b82887b643445&id

=ad6a6ad28c&e=84f74f6a6a

By John W. Whitehead
April 13, 2015

“What the government is good at is collecting taxes, taking away your freedoms and killing people. It’s not good at much else.”—Author Tom Clancy

The American people remain eager to be persuaded that a new president in the White House can solve the problems that plague us. Yet no matter who wins this next presidential election, you can rest assured that the new boss will be the same as the old boss, and we—the permanent underclass in America—will continue to be forced to march in lockstep with the police state in all matters, public and private.

Indeed, as I point out in my new book Battlefield America: The War on the American People, it really doesn’t matter what you call them—the 1%, the elite, the controllers, the masterminds, the shadow government, the police state, the surveillance state, the military industrial complex—so long as you understand that no matter which party occupies the White House in 2017, the unelected bureaucracy that actually calls the shots will continue to do so.

Consider the following a much-needed reality check, an antidote if you will, against an overdose of overhyped campaign announcements, lofty electoral promises and meaningless patriotic sentiments that land us right back in the same prison cell.

FACT: For the first time in history, Congress is dominated by a majority of millionaires who are, on average, fourteen times wealthier than the average American. According to a scientific study by Princeton researchers, the United States of America is not the democracy that it purports to be, but rather an oligarchy, in which “economic elites and organized groups representing business interests have substantial independent impacts on U.S. government policy.”

FACT: “Today, 17,000 local police forces are equipped with such military equipment as Blackhawk helicopters, machine guns, grenade launchers, battering rams, explosives, chemical sprays, body armor, night vision, rappelling gear and armored vehicles,” reports Paul Craig Roberts, former Assistant Secretary of the Treasury. “Some have tanks.”

FACT: Thanks to an overabundance of 4,500-plus federal crimes and 400,000-plus rules and regulations, it is estimated that the average American actually commits three felonies a day without knowing it. In fact, according to law professor John Baker, “There is no one in the United States over the age of 18 who cannot be indicted for some federal crime. That is not an exaggeration.”

FACT: The number of violent crimes in the country is down substantially, the lowest rate in forty years, while the number of Americans being jailed for nonviolent crimes such as driving with a suspended license is skyrocketing.

FACT: Despite the fact that women only make up 8 percent of the prison population, they are more likely to be strip searched, though not more likely to carry contraband.

FACT: Despite the fact that we have 46 million Americans living at or below the poverty line16 million children living in households without adequate access to food, and at least 900,000 veterans relying on food stamps, enormous sums continue to be doled out for presidential vacations ($16 million for trips to Africa and Hawaii), overtime fraud at the Department of Homeland Security (nearly $9 million in improper overtime claims, and that’s just in six of the DHS’ many offices) HurricaHur, and Hollywood movie productions ($10 million was spent by the Army National Guard on Superman movie tie-ins aimed at increasing awareness about the National Guard).

FACT: Since 2001 Americans have spent $10.5 million every hour for numerous foreign military occupations, including in Iraq and Afghanistan. There’s also the $2.2 million spent every hour on maintaining the United States’ nuclear stockpile, and the $35,000 spent every hour to produce and maintain our collection of Tomahawk missiles. And then there’s the money the government exports to other countries to support their arsenals, at the cost of $1.61 million every hour for the American taxpayers.

FACT: It is estimated that 2.7 million children in the United States have at least one parent in prison, whether it be a local jail or a state or federal penitentiary, due to a wide range of factors ranging from over criminalization and surprise raids at family homes to roadside traffic stops.

FACT: At least 400 to 500 innocent people are killed by police officers every year. Indeed, Americans are now eight times more likely to die in a police confrontation than they are to be killed by a terrorist. Americans are 110 times more likely to die of food-borne illness than in a terrorist attack.

FACT: Police officers are more likely to be struck by lightning than be made financially liable for their wrongdoing.

FACT: On an average day in America, over 100 Americans have their homes raided by SWAT teams. There has been a notable buildup in recent years of SWAT teams within non-security-related federal agencies such as the Department of Agriculture, the Railroad Retirement Board, the Tennessee Valley Authority, the Office of Personnel Management, the Consumer Product Safety Commission, the U.S. Fish and Wildlife Service, and the Education Department.

FACT: The FBI’s Next Generation Identification (NGI) facial recognition system, which is set to hold data on millions of Americans, will include a variety of biometric data, including palm prints, iris scans, and face recognition data. The FBI hopes to have 52 million images by 2015. NGI will be capable of uploading 55,000 images a day, and conducting tens of thousands of photo searches a day.

FACT: Comprising an $82 billion industry, at least 30,000 drones are expected to occupy U.S. airspace by 2020.

FACT: Devices are now being developed that would allow police to stop a car remotely, ostensibly to end police chases.

FACT: Everything we do will eventually be connected to the Internet. By 2030 it is estimated there will be 100 trillion sensor devices connecting human electronic devices (cell phones, laptops, etc.) to the Internet. Much, if not all, of our electronic devices will be connected to Google, which openly works with government intelligence agencies.

FACT: In 2015 mega-food corporations will begin rolling out high-tech shelving outfitted with cameras in order to track the shopping behavior of customers, as well as information like the age and sex of shoppers.

FACT: If knowledge is power, it’s no wonder Americans are in hot water. According to a study by the National Constitution Center, 41 percent of Americans “are not aware that there are three branches of government, and 62 percent couldn’t name them; 33 percent couldn’t even name one.”

FACT: The United States is one of the highest TV viewing nations. According to a Nielsen report, the average American over the age of two “spends more than thirty-four hours a week watching live television . . . plus another three to six hours watching taped programs.”

FACT: Only six out of every one hundred Americans know that they actually have a constitutional right to hold the government accountable for wrongdoing, as guaranteed by the right to petition clause of the First Amendment.

FACT: According to a Gallup poll, Americans place greater faith in the military and the police than in any of the three branches of government. However, when asked to name the greatest problem facing the nation, Americans of all political stripes ranked the government as the number one concern. In fact, almost eight out of ten Americans believe that government corruption is widespread.

Perhaps the most troubling fact of all is this: we have handed over control of our government and our lives to faceless bureaucrats who view us as little more than cattle to be bred, branded, butchered and sold for profit.

If there is to be any hope of restoring our freedoms and reclaiming control over our government, it will rest not with the politicians but with the people themselves. When all is said and done, each American will have to decide for them-selves whether they prefer dangerous freedom to peaceful slavery.

2-6-2015 10-13-51 AM

 

One Last Look At The Real Economy Before It Implodes Part 4

April 10th, 2015 by

http://www.activistpost.com/2015/04/one-last-look-at-real-economy-before-it.html

4-10-2015 11-28-02 AM

Brandon Smith
Activist Post

In the first three installments of this series, we examined the realities behind supply and demand, unemployment and personal debt, and national debt. As has been proven in each consecutive article with ample evidence, mainstream establishment numbers are, for the most part, utter garbage. They are not legitimate. They are meaningless.

The figures and stats that do have some truth to them are so obscured from the public view and unreported by the media that they may as well be state secrets. The average person has no clue of their existence because his primary sources of information are establishment-dominated. Even MSM talking heads and economic “analysts” are so mesmerized by the false version of the economic world that they have no point of reference when suddenly confronted with singular facts. Some people call this catastrophic behavior a “positive feedback loop.” It is a mainstream echo chamber that has become a financial tomb.

Now that I have covered the lies within our economy that I can prove absolutely, it is time to move on to the lies that are more difficult to pin down. These lies often slip past our investigations because the hard data that could be used to expose them is simply not available to the general public. In fact, much of the data is not even available to government officials. I am, of course, talking about the hard data behind the activities of central banks across the globe — the International Monetary Fund, the Bank for International Settlements and the Federal Reserve in particular. In this installment, we will explore the purpose of these lies; to hide the imminent destruction of our currency — by hook, by crook and by fiat.

In Part 3 of this series, real U.S. liabilities were revealed to far exceed official stats given by the Treasury Department (upward of $200 trillion currently owed, not owed in some distant future where none of us will be alive to worry about it). The debt singularity most responsible for this problem has been created through entitlement programs, as well as a Social Security program that the government uses as its own ever-cycling taxpayer supported personal slush fund, triggering a debt accumulation of more than $8 trillion per year.

How does our government (or any government with a central bank) continue to function monetarily if it is generating far more debt than it will ever be able to pay off in tax revenues? Well, our system does not really “function.” It just refuses to fully die. And, it does this through fiat money creation.

The quantitative easing programs, which allowed the Federal Reserve to conjure massive stores of fiat money out of thin air and purchase U.S. Treasury bonds (among other things), were a blatantly open admission by bureaucrats and central bankers alike that the government has not been capable of sustaining its own operations without fiat aid.

I’ll say it again: QE programs are in and of themselves hard evidence of government insolvency.  Solvent governments do not need to monetize their own debt obligations with a printing press.
After the limited TARP audit, which reveled a money creation scheme in excess of $16 trillion (overnight swaps are still a devaluing action though some MSM pundits argue they are not “debt creation”), there has been little information available to the public in regards to the true level of paper and digital money conjured from the ether.  We have no idea to what extent the dollar has ultimately been devalued, and we won’t know until foreign investors and banks finalize their decoupling from the U.S. (a process that will likely accelerate this year).

One might argue, though, that since the finalization of the taper and the end of QE3 and the bailout programs overall, our system must be amply flush with cash yet again and the printing bonanza must have been worth the risk. Why else would the taper have been instituted at all? I would argue and have argued in the past that the taper was instituted not in preparation for economic recovery, but in preparation for economic collapse. The QE bailouts have stopped because they no longer serve any purpose in propping up the false economy.

For instance, the inspector general for the Federal Housing Finance Agency (FHFA) is now suggesting yet another bailout for socialist New Deal failures Fannie Mae and Freddie Mac, after the Obama administration reserved the right to take all profits from the conservatorship beginning in 2012. That’s right, all that money that Fannie and Freddie supposedly made and paid back didn’t make an ounce of difference, as the federal government now steals profits in order to pay off other debts. In the meantime, companies like Blackstone reap the benefits as they purchase and bid on hundreds of thousands of homes for pennies on the dollar, turn them into rentals and artificially support the illusion of a housing recovery in the United States. (I would also note that Blackstone has conveniently served as an “adviser” to the U.S. Treasury throughout the Fannie/Freddie bailouts.)

As referenced in Part 1 of this series, stimulus measures have absolutely failed to inspire any semblance of recovery in consumer demand, and global demand for goods is imploding.

As referenced in Part 2, real employment has not improved throughout the duration of the Troubled Asset Relief Program, quantitative easing and zero interest-rate policy. In fact, it only seems to have stalled unemployment at about 23 percent.

As referenced in Part 3, stimulus actions have only served to create even more unmitigated debt while producing no tangible results other than a massive bubble in stock markets.

Poverty is at record levels. Welfare demand is at record levels. Average wages are falling, and prices on essential goods (except oil at this time) are rising. Global demand is visibly sliding into the same territory as in 2008/2009. Housing markets have become a corporately boosted feudalistic farce. And unemployment continues at a depressing level; meanwhile, people aren’t even counted as unemployed anymore because they’ve been jobless for so long.

At this point, at the onset of spring 2015, I think it is safe to say that alternative economic analysts have been right all along in our assertions that central bank stimulus measures are completely useless. Though some of the slimier day traders like to argue that they “tripled their profits” during the stimulus period and our “doom and gloom” means nothing to them, in their naivety they would be missing the bigger picture. You don’t play the collapse. In the end, the collapse will play you.

Now, it would seem as though the Federal Reserve has failed in every aspect of its bailout quest. But what are the consequences of this debacle?  The result is the displacement of U.S. economic standing. The U.S. is being made economically irrelevant.

China has surpassed the U.S. as the world’s largest exporter/importer and has long been far superior to the U.S. in manufacturing capability, making China the most valuable economic partner in the world. According to the IMF, China is now superior to the U.S. in trade standing and is soon to be the largest economy on the planet.

China has recently launched its regional Asian Development Bank, a kind of Asian World Bank. And nearly 50 countries, including European allies to the U.S., have rushed to sign on.

The talk is even growing within mainstream circles that China is about to decouple from the U.S. economy and, along with the BRICS nations, structure a new Asian-centric financial system that will “stick it” to the Western financial elites. This, however, is too simplistic a notion.

We are talking about the REAL economy in this series; and in the real economy, no nation with a central bank actually “breaks” from the New World Order. In fact, all conflicts between the East and West are only serving to further the cause of globalists and Fabian socialists.

China alone does not have the capacity to replace the U.S. as a primary driver for the global economy, nor does the Yuan have the capacity to replace the dollar as a world reserve currency. However, this is not China’s goal. It never has been China’s goal. China’s only purpose in its historic fiscal expansion has been to achieve inclusion in what the IMF calls the “global economic reset.” Part of this reset is the introduction of the IMF global currency basket system, or Special Drawing Rights (SDR), as a kind of centralized control mechanism for all currencies around the world. The IMF and China have continuously called for the SDR basket system to replace the U.S. dollar as the world reserve currency.

I covered this developing scheme in great detail in my article ‘The Economic End Game Explained’.

Despite the hopes of some alternative writers that China will somehow break the chains of the central banking monopoly, every Chinese action since at least 2008 has been in preparation to become a full slave nation under the control of IMF policy. China has now officially submitted its currency (the Yuan) for inclusion as a reserve currency in the SDR basket.  China’s central bank has openly called for the IMF to take a dominant role in the management of the world’s currencies through the SDR basket system:

The world economic crisis shows the “inherent vulnerabilities and systemic risks in the existing international monetary system,” Gov. Zhou Xiaochuan said in an essay released Monday by the bank. He recommended creating a currency made up of a basket of global currencies and controlled by the International Monetary Fund and said it would help “to achieve the objective of safeguarding global economic and financial stability.”

The IMF conference on the SDR, which takes place every five years, is set to begin preliminaries in May and finish in October or November. It is widely expected that China’s currency will indeed be included in the SDR this year, that this will adversely affect the dollar’s standing as the world reserve currency, and that the U.S. will have little capacity to stop such a development. That’s because American veto power within the IMF is likely to be removed, due to a lack of approval on funding measures and policy changes put to Congress in 2010.

In numerous articles over the past couple of years I have warned that the destruction of U.S. position within the IMF would be blamed on “political gridlock” over the refusal by Congress to confirm policy changes from 2010, and the brunt of the blame would be placed on “conservatives”.  This past week my suspicions were supported by the statements of Larry Summers, a former Treasury Secretary and elitist who was partially responsible for the end of Glass-Steagall and the creation of the derivatives bubble, and the man who claimed “history will overwhelmingly approve QE”.  Summers decried the end of the U.S. as the “underwriter of the global economic system”,  also stating:

Largely because of resistance from the right, the US stands alone in the world in failing to approve the International Monetary Fund governance reforms that Washington itself pushed for in 2009. By supplementing IMF resources, this change would have bolstered confidence in the global economy. More important, it would come closer to giving countries such as China and India a share of IMF votes commensurate with their new economic heft…

With China’s economic size rivaling America’s and emerging markets accounting for at least half of world output, the global economic architecture needs substantial adjustment. Political pressures from all sides in the US have rendered it increasingly dysfunctional…

Avid enthusiasm for China’s new regional bank has put the U.S. on the defensive, as supposed allies are joining the chorus calling for China to join the SDR.

This would make the Yuan the first currency not fully convertible to join the SDR basket. Meaning, it is difficult to directly invest in Yuan compared to investing in dollars. But this is exactly what the IMF wants.

The Asian Times put it rather bluntly but honestly:

Currently, central banks can’t include yuan holdings in their foreign exchange reserves. However, via inclusion in the SDR basket, the currency will effectively enjoy a “back door” where convertibility is concerned. The upshot, according to Citibank, means increased yuan demand from central banks and further integration of the currency into global capital market flows.

Importantly, China has espoused an “internationalisation” of reserve currencies away from U.S. dollar hegemony and dependencies on local economic fluctuations on exchange rates and stability. The yuan inclusion in the basket would be a step towards a more multi-lateral currency world. While full convertibility may still be far away, China’s ability to have a global reserve currency may soon be upon us.

Yes, that’s right, China’s inclusion in the SDR will HELP the process of marginalization of the dollar and aid in the ascendance of the SDR as a world reserve mechanism. And as China becomes a currency powerhouse in its role as the No. 1 economy in the world, the only way central banks around the planet can benefit or “invest” in the Yuan will be by stockpiling SDRs! Demand for SDRs will be cleverly boosted by natural demand for the Yuan. This is how a global currency structure begins.

The only true beneficiaries of this cycle will be the IMF and those elites who desperately want a totally centralized global economic system.

In the meantime, as the dollar loses its world reserve status, it loses the ONLY pillar of support keeping its value somewhat stable. As the dollar falls, U.S. citizens will be reduced to Second World or Third World economic expectations. Employment and wages will continue to dissolve, while the margins between the “haves” and “have nots” will continue to grow. In the worst-case scenario, total chaos would result followed by an international intervention to “save us” from ourselves. Our currency would likely be permanently pegged to the SDR basket, just as Argentina’s was pegged to our dollar after its collapse. And the IMF would own the U.S. rather than the U.S. owning the IMF, as is the common delusion.

As stated earlier, Federal Reserve stimulus actions “seem” to have failed miserably. Now our nation is facing a firestorm. But I would submit that the Federal Reserve has not failed in its mission. The Fed’s purpose is not to defend the stability of the U.S. economy and the dollar; the Fed’s purpose is to destroy the stability of the U.S. economy and the dollar. Thus, the Fed has succeeded in its mission. And I believe a full audit of Fed policies and actions would prove this fact beyond a doubt.

I will continue to outline the endgame for globalization that is under way in the next installment of this series, including how central banks in foreign nations collude with each other and are managed by supranational entities like the IMF and the BIS. The implosion of America serves a very particular purpose. It is not a product of blind coincidence, fate, political stupidity or corporate greed. It is an engineered event meant to clear the way for an even more sinister economic environment designed to establish a final economic empire with the purpose of permanently enslaving us all.

You can read more from Brandon Smith at his site Alt-Market, where this first appeared. 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:
brandon@alt-market.com

2-6-2015 10-13-51 AM

FEDS GEARING UP FOR CIVIL UNREST WITH AMMO BUILDUP AND PARAMILITARY TRAINING

April 7th, 2015 by

http://www.newswithviews.com/NWV-News/news435.htm

4-7-2015 9-50-48 AM

By NWV Senior Political News Writer, Jim Kouri
© 2015 NewsWithViews.com

A NewsWithViews.com news story last June quoted Louisiana Governor Bobby Jindal accusing President Barack Obama and other political leaders of waging war against religious liberty and education and saying that a “rebellion is brewing in the U.S. with people ready for a hostile takeover of the nation’s capital.”

Many believe that the federal government is actually provoking a rebellion. Those who’ve studied national politics and security believe that President Obama and his consortium of left-wing radicals, Islamists and One World Government operatives are hoping that American citizens will take to the streets in droves and armed and ready to be heard by an oppressive government. Such a scenario would offer the Washington elites the desired “excuse” to deploy the government agencies and the military which seems to be the opinion of Gov. Bobby Jindal and others.

Gov. Jindal is quoted by Fox News as saying he could “sense right now a rebellion brewing amongst these United States where people are ready for a hostile takeover of Washington, D.C., to preserve the American dream for our children and grandchildren.”

Gov. Jindal spoke in Washington, D.C, at the annual Faith and Freedom Coalition conference. During his presentation he accused Obama, his minions and sycophants of waging war against certain American values “The Pelican State governor is right on,” said John Snyder, who is also on the board of advisers for the National Association of Chiefs of Police and a former NRA magazine editor.

Although news stories and op-eds on the Internet for years predicted the mysterious and foreboding purchase by Homeland Security of billions — that right, not millions but billions — of rounds of ammunition, stories appearing in News with Views, the Drudge Report, Fox News and a few other news outlets appear to be drawing more and more attention to federal agencies militarizing their workers.

Most disheartening is the enormous number of weapons and ammunition being purchased and stockpiled by federal agencies that aren’t even law enforcement or military in nature. Federal agencies not usually associated with civil unrest are stockpiling weapons and ammunition. For example, the Social Security Administration, are trying to put a damper on the speculation — noting the ammunition is “standard issue” and simply used for mandatory federal training sessions.

When asked about their buildup of weapons and ammunition, the Social Security Administration stated: “The SSA is processing more applications than ever, which means more traffic in SSA offices. Employee and visitor safety is the highest priority for OIG, which, together with the Federal Protective Services and local law enforcement, has jurisdiction over SSA workplaces.”

The SSA also claimed, “Our special agents need to be armed and trained appropriately. They not only investigate allegations of Social Security fraud, but they also are called to respond to threats against Social Security offices, employees, and customers.”

The bullet purchases drew widespread attention as the web site Infowars.com published several stories on them that were linked off the widely read Drudge Report and other sites. Infowars.com catalogued a string of recent purchases — first by the Department of Homeland Security, then by the National Oceanic and Atmospheric Administration and then the Social Security Administration.

A new Homeland Security purchase order listed on FedBizOrgalso raises an eyebrow or two, given the heated and divided political and social climate at hand. Just look at what happened in Ferguson.

The purchase information reads: “U.S. Customs and Border Protection (CBP) intends to solicit responses to Request for Information (RFI) 20082225-JTC for Less Lethal Specialty Munitions (LLSM) for use by the Department of Homeland Security (DHS). CBP is interested in incorporating commercial and industry practices that support this type of procurement. To accomplish this, CBP intends to make industry a partner in all facets of the acquisition process, specifically by considering existing market capabilities, strengths and weaknesses for the acquisition of this commodity.”

The hardware build-up has been called a “domestic arms race,” and it’s starting to gain credibility with mainstream media journalists. The 1.6 billion rounds of ammo being purchased by Homeland Security represents “…a stockpile that would last DHS over a century. To claim that it’s to ‘get a low price’ for a ridiculously wasteful amount is an argument that could only fool a career civil servant.”

This huge arms race of weapons, ammo and armored vehicles by the federal government is taking place right in the middle of the claimed “sequester” which the government claims has sharply curtailed its ability to spend money. So while Obama and his minions threaten to release criminals onto the streets of America, behind the scenes the government is actually building up an ammo stockpile so huge that it could wage a 20-year war against the American people.

Government Buildup

The new Defense Authorization Act all but erases decades of U.S. government compliance with the letter and the spirit of the Posse Comitatus Act 1878, a law that prohibits the use of the U.S. military to perform law enforcement functions within the United States, according to police officials and others opposed to the militarizing of American law enforcement.

Provisions in the new authorization act allow military reservists — Army, Navy, Air Force and Marines — to be called to duty and deployed in the event of a natural disaster or other emergency within the homeland, as well as mobilization of reserve units to support counterterrorism and security missions overseas, according to the American Forces Press Service’s Donna Miles.

Originally, such deployments were the duty of National Guard, which are under the control of state governors who would call in guardsman as needed to support civil police forces, fire departments and other emergency personnel.

However, when Hurricane Katrina fiercely struck the Gulf Coast in 2005, especially the city of New Orleans, active-duty service members became “the federal default force,” according to Miles.

But the reason for that deployment was the inability of Louisiana’s governor and New Orleans’ mayor to command and control the police and emergency responders. Now the U.S. Congress and the Obama Administration have acquired the authority to use military resources in such emergencies, including deploying soldiers during an insurrection.

Ingram also noted that “the Bush Administration and congress toyed with the idea of practically militarizing FEMA (Federal Emergency Management Administration), which is basically a ‘bean-counting’ agency. But that idea went nowhere. However, with Obama in the Oval Office, the news media may be more willing to cover up abuses to patriotic Americans.””Is anyone surprised at this latest disregard for the constitution and tradition? The military forces in the U.S., Canada and Mexico have been training in urban warfare and response to terrorist threats such as weapons of mass destruction (WMD) scenarios,” said police lieutenant Walter Ingram of the Morningside, N.Y., police department.

2-6-2015 10-13-51 AM

The Psychological Reasons Why American Soldiers Would Fire On American Citizens

April 6th, 2015 by

http://www.shtfplan.com/headline-news/the-psychological-reasons-why-american-soldiers-would-fire-on-american-citizens_09112014

This analysis has been contributed by Dave Hodges and was originally published at The Common Sense Show.

 We live in chaotic times. Many feel that our fragile economy could come crashing down at any time. One devastating terrorist attack, false flag attack or natural disaster could lead to an unprecedented disaster and martial law would be declared. Some Americans would take to the streets and the only remaining question is whether or not American soldiers, called to the scene, would restore order by firing upon American citizens when ordered to do so?

4-6-2015 2-48-00 PM

This scenario and the resulting public execution of American citizens for engaging in protesting has happened many times in our past. For those old enough to remember, the 1970 Kent State massacre should come to mind as the Ohio National Guard opened fire on protesting college students on the campus of Kent State University. But for those who believe that this was merely an anomaly, let’s examine what the field of psychology has discovered about the answer to this question.

4-6-2015 2-49-05 PM

The Oath Keepers Cannot Save Protesters

Some of our citizens are deluded into a false sense of security by the group known as Oath Keepers. It is a well-intentioned effort to remind both law enforcement and the military to uphold the Constitution and to disobey unlawful orders which would bring harm to American citizens. Under this false sense of security, many in the American public really believe that American troops will not fire upon American citizens. Unfortunately, the field of psychology demonstrates why only a minority of soldiers will actually resist committing atrocities against the American people.

Conformity to Group Norms: The Solomon Asch Experiment

Do you think of yourself as a conformist or a non-conformist? If you ask most people the same question, you would find that most people consider themselves to be a non-conformist and would be able to stand up to a group when they know they are right. However, can nonconformists actually resist the peer pressure to blend in with the rest of their peers?

In the 1950’s, Polish born psychologist, Solomon Asch, conducted a conformity study. The participants signed up to participate in a psychology experiment in which they are asked to complete a vision test. This was a deception. The real experiment attempted to answer the question, can people resist peer pressure to conform to a false belief?

Seated in a room with the other participants, the research participants are shown a line segment and then asked to choose the matching line from a group with three segments of different lengths.

4-6-2015 2-50-05 PM

The experimenter subsequently asked each participant individually to select the matching line segment. On some occasions everyone in the group chooses the correct line, but occasionally, the other participants unanimously declare that a different line is actually the correct match. Unknown to the main subject of the experiment, everyone else in the experiment is a confederate and their answers have been preplanned for the purpose of determining whether, or not, the participant’s answer can be determined by the people deliberately giving the wrong answer.

Nearly 75 percent of the participants in the conformity experiments went along with the rest of the group at least one time. After combining the trials, the results indicated that participants conformed to the incorrect group answer approximately one-third of the time.

At the conclusion of the experiments, participants were asked why they had gone along with the rest of the group. In most cases, the students stated that while they knew the rest of the group was wrong, they did not want to risk facing personal criticism. A few of the participants were so weak-minded that they suggested that they actually believed the other members of the group were correct in their answers.

These results suggest that conformity can be influenced both by a need to fit in and a belief that other people are smarter or better informed. Given the level of conformity seen in Asch’s experiments, conformity can be even stronger in real-life situations where stimuli are more ambiguous or more difficult to judge. For example, a soldier, in attempting to decide if they will fire upon innocent civilians, will be forced to weigh their own risk. If they fail to obey the command to fire upon American citizens, will they face disciplinary action, or even death?

Asch also found that having one of the confederates give the correct answer while the rest of the confederates gave the incorrect answer dramatically lowered conformity. In this situation, just five to ten percent of the participants conformed to the rest of the group. Allies, committed to a central belief, is what drives many in the alternative media to relentlessly pursue the truth and then inform as many people as will listen.

The Milgram Experiment and Group Think

The world of psychological research provides the definitive answer as to whether we should fear our military in the coming storm ahead in the form of a phenomenon called group think. Group think is often described as a decision-making process whereby the group members go along with what they believe is the consensus. Group think has also been used to describe individual acquiescence to authority even when the authority has limited power to enforce compliance. Group think often causes groups to make hasty, irrational decisions, where individual doubts are set aside, for fear of upsetting the group’s leadership and balance.

Just how far will people go to please authority figures and subsequently do what they know to be immoral? The first known laboratory test for groupthink occurred in 1963 by Yale professor, Stanley Milgram. Subjects for this landmark study were recruited for the Yale study through newspaper ads and direct mail. The participants were men between the ages of 20 and 50, from all educational backgrounds, ranging from an elementary school dropout to participants with doctoral degrees.

4-6-2015 2-51-04 PM

Milgram wanted to determine what percentage of people would willingly administer enough progressive electric shocks which would result in death simply based on the orders of a perceived authority figure (i.e., the experimenter).

 There were three participants in the experiment:

4-6-2015 2-51-49 PM

  1. The Teacher was the real subject in the experiment. Their role was to

administer shocks for each wrong answer provided by the learner. How far would they go, was the true subject of the experiment.  Would they actually kill a person for failing to provide the correct answer on a word pair test? Would they mindlessly follow the orders of the experimenter to continue with the abuse, regardless of the results and obvious harm being perpetrated upon the pretend victim in the experiment?

  1. The second participant, the Learner, was actually a plant in the experiment. The Learner would sit in an adjacent room and pretend to be shocked for each wrong answer that they would purposely give. Eventually, they would cry out for help and beg the Teacher to stop administering the electric shocks. Their cries included pleas of mercy that were often based on an unknown level of self-expressed cardiac distress that they were pretending to experience.
  2. The Experimenter was a stern looking fellow who carried a clipboard, wore a lab coat, and would urge the Teacher to continue regardless of the make believe pleas of the Learner.

The “Teachers” were told by the experimenter that they would be participating in an experiment to test the effects of punishment on learning. However, as has already been stated, this was not the goal of the experiment.

The “Teacher” was given a list of word pairs which was used to teach the Learner. The Learner was actually a confederate, or a plant, in the experiment. The Teacher would then read the first word of each pair and read four possible answers. The Learner would deliberately press the wrong button to indicate his response. Since the answer was incorrect, the Learner would receive an electric shock, with the voltage progressively increasing with each wrong answer. Therefore, the
subjects believed that for each wrong answer, the Learner was receiving an ever increasing level of actual shocks which would eventually result in death.

In reality, there were no shocks. After the confederate (i.e., Learner) was separated from the subject, the confederate set up a tape recorder integrated with the electro-shock generator, which played pre-recorded sounds of pain and distress for each successive level of shock. After a number of voltage level increases, the Learner would bang on the wall which divided him from the subject (teacher). After several instances of banging on the wall and complaining about his heart condition, the learner provided no further responses to questions and no further complaints. The fate of the Learner was left to the imagination of the teacher. The silence was met with the command to continue with the experiment. Although the Learner was not being harmed, the Teacher believed that they were administering progressively dangerous shocks. From the instrumentation panel, the Teacher could clearly see that their shocks were approaching the level of lethality. Was the Teacher being forced to capitulate and continue with the experiment? Quite the contrary was true, the prompts to continue administering shock were encouraged by minimal prompts and absolutely no threats were offered by the Experimenter.

If at any time the subject hesitated or expressed a desire to discontinue the experiment, the subject was given a planned and verbatim succession of verbal prompts by the experimenter:

  1. “Please continue.”
  2. “The experiment requires that you continue.”
  3. “It is absolutely essential that you continue. ”
  4. “You have no other choice, you must go on.”

If the Teacher still wished to stop after having listened to four successive verbal prompts, the experiment was discontinued. Otherwise, the experiment was terminated after the subject had administered the lethal 450-volt shock three times in succession.

Milgram expected that less than one percent would actually administer a fatal electric shock. The actual results were so stunning that he decided to film the results on the final day, fearing that nobody would believe his results. And what were the results? Despite expressing some measure of discomfort and the minimal use pressure, in Milgram’s first set of experiments, 65% (26 out of 40) of the subjects administered the experiment’s final and hypothetically fatal 450-volt shock. Amazingly, no participant steadfastly refused to give further shocks before the 300-volt level!

Milgram’s results were confirmed when Dr. Thomas Blass performed a meta-analysis on the results of repeated performances of the experiment. Blass found that the percentage of participants who were willing to administer fatal voltages remains remarkably constant, between 61% and 66%.

The results of Milgram’s and Blass’ work are stunning in their final conclusion which demonstrated that almost two-thirds of all Americans will mindlessly follow the commands of a “perceived” authority figure even when the authority figure has no real power over the people. Can you imagine how the 65% rate will dramatically climb when they authority figure had “real” power over the people being ordered to fire upon American citizens?

The Zimbardo Prison Study

In 1971, psychologist Philip Zimbardo and his colleagues set out to create an experiment that looked at the impact of becoming a prisoner or prison guard. Zimbardo, a former classmate of Stanley Milgram was interested in expanding upon Milgram’s research. He wanted to further investigate the impact of situational variables on human behavior.

The research question the researchers asked was how would the participants react when placed in a simulated prison environment? Zimbardo had previously speculated that, “Suppose you had only kids who were normally healthy, psychologically and physically, and they knew they would be going into a prison-like environment and that some of their civil rights would be sacrificed. Would those good people, put in that bad, evil place, or, would their goodness triumph?” The results of the experiment haunt many of us in the psychology field, today, as we ponder how far would Americans go in the enforcement of a brutal and vicious tyranny?

Zimbardo set up a mock prison in the basement of Stanford University’s psychology building, and then selected 24 undergraduate students to play the roles of both prisoners and guards.  The assignment of roles was accomplished through random selection. The participants were selected because they had no criminal background, lacked psychological issues and had no major medical conditions. Therefore, the participants in the study were far more psychologically and physically healthy than any group of modern day military force, police force or FEMA camp guards. The volunteers agreed to participate for a one- to two-week period.

Prisoners were to remain in the mock prison 24-hours a day for the duration of the study. Guards, on the other hand, were assigned to work in three-man teams for eight-hour shifts. After each shift, guards were allowed to return to their homes until their next shift. Researchers were able to observe the behavior of the prisoners and guards through the use of hidden cameras.

The experiment was originally scheduled to last two weeks, but it had to be stopped after just six days due to what was happening to the student participants. The guards became exceptionally abusive and the prisoners began to show signs of extreme stress, anxiety and nervous breakdown.

The prisoners and guards were allowed to behave in any manner they chose. However, the interactions were generally hostile or even dehumanizing. The guards began behaving in an aggressive and abusive manner toward the mock prisoners. Subsequently, nearly all of the prisoners became passive and depressed. Five of the prisoners began to experience such severe and acute anxiety, that they had to be released from the study early.

Zimbardo later wrote in his book The Lucifer Effect that “Only a few people were able to resist the situational temptations to yield to power and dominance while maintaining some semblance of morality and decency; obviously I was not among that noble class” . Even Zimbardo lost his objectivity and the experiment was only halted when his girl friend at the time, Christina Maslach, a graduate psychology student, voiced objections and threatened to break off her relationship with Zimbardo if the experiment continued.

The Stanford Prison Experiment demonstrates the powerful role that the situation can play in human behavior. Because the guards were placed in a position of power, they began to behave in ways they would not normally act in their everyday lives or in other situations. By putting a prison guard uniform on the participants, issuing sun glasses and a baton made the participant guards act in accordance with their perceived role. This has dire consequences for the ability of uniformed personnel to resist orders from their commanding officers to fire upon American citizens. People will act according to the role that they have been assigned to play. Finally, based upon the Zimbardo Prison Experiment, what kind of treatment could you expect at a FEMA camp?

Conclusion

Will American soldiers fire upon Americans in times of civil unrest? The evidence has been presented to you, what do you now believe?

4-6-2015 2-53-14 PM

  1. The Teacher was the real subject in the experiment. Their role was to

administer shocks for each wrong answer provided by the learner. How far would they go, was the true subject of the experiment.  Would they actually kill a person for failing to provide the correct answer on a word pair test? Would they mindlessly follow the orders of the experimenter to continue with the abuse, regardless of the results and obvious harm being perpetrated upon the pretend victim in the experiment?

  1. The second participant, the Learner, was actually a plant in the experiment. The Learner would sit in an adjacent room and pretend to be shocked for each wrong answer that they would purposely give. Eventually, they would cry out for help and beg the Teacher to stop administering the electric shocks. Their cries included pleas of mercy that were often based on an unknown level of self-expressed cardiac distress that they were pretending to experience.
  2. The Experimenter was a stern looking fellow who carried a clipboard, wore a lab coat, and would urge the Teacher to continue regardless of the make believe pleas of the Learner.

The “Teachers” were told by the experimenter that they would be participating in an experiment to test the effects of punishment on learning. However, as has already been stated, this was not the goal of the experiment.

The “Teacher” was given a list of word pairs which was used to teach the Learner. The Learner was actually a confederate, or a plant, in the experiment. The Teacher would then read the first word of each pair and read four possible answers. The Learner would deliberately press the wrong button to indicate his response. Since the answer was incorrect, the Learner would receive an electric shock, with the voltage progressively increasing with each wrong answer. Therefore, the
subjects believed that for each wrong answer, the Learner was receiving an ever increasing level of actual shocks which would eventually result in death.

In reality, there were no shocks. After the confederate (i.e., Learner) was separated from the subject, the confederate set up a tape recorder integrated with the electro-shock generator, which played pre-recorded sounds of pain and distress for each successive level of shock. After a number of voltage level increases, the Learner would bang on the wall which divided him from the subject (teacher). After several instances of banging on the wall and complaining about his heart condition, the learner provided no further responses to questions and no further complaints. The fate of the Learner was left to the imagination of the teacher. The silence was met with the command to continue with the experiment. Although the Learner was not being harmed, the Teacher believed that they were administering progressively dangerous shocks. From the instrumentation panel, the Teacher could clearly see that their shocks were approaching the level of lethality. Was the Teacher being forced to capitulate and continue with the experiment? Quite the contrary was true, the prompts to continue administering shock were encouraged by minimal prompts and absolutely no threats were offered by the Experimenter.

If at any time the subject hesitated or expressed a desire to discontinue the experiment, the subject was given a planned and verbatim succession of verbal prompts by the experimenter:

  1. “Please continue.”
  2. “The experiment requires that you continue.”
  3. “It is absolutely essential that you continue. ”
  4. “You have no other choice, you must go on.”

If the Teacher still wished to stop after having listened to four successive verbal prompts, the experiment was discontinued. Otherwise, the experiment was terminated after the subject had administered the lethal 450-volt shock three times in succession.

Milgram expected that less than one percent would actually administer a fatal electric shock. The actual results were so stunning that he decided to film the results on the final day, fearing that nobody would believe his results. And what were the results? Despite expressing some measure of discomfort and the minimal use pressure, in Milgram’s first set of experiments, 65% (26 out of 40) of the subjects administered the experiment’s final and hypothetically fatal 450-volt shock. Amazingly, no participant steadfastly refused to give further shocks before the 300-volt level!

Milgram’s results were confirmed when Dr. Thomas Blass performed a meta-analysis on the results of repeated performances of the experiment. Blass found that the percentage of participants who were willing to administer fatal voltages remains remarkably constant, between 61% and 66%.

The results of Milgram’s and Blass’ work are stunning in their final conclusion which demonstrated that almost two-thirds of all Americans will mindlessly follow the commands of a “perceived” authority figure even when the authority figure has no real power over the people. Can you imagine how the 65% rate will dramatically climb when they authority figure had “real” power over the people being ordered to fire upon American citizens?

The Zimbardo Prison Study

In 1971, psychologist Philip Zimbardo and his colleagues set out to create an experiment that looked at the impact of becoming a prisoner or prison guard. Zimbardo, a former classmate of Stanley Milgram was interested in expanding upon Milgram’s research. He wanted to further investigate the impact of situational variables on human behavior.

The research question the researchers asked was how would the participants react when placed in a simulated prison environment? Zimbardo had previously speculated that, “Suppose you had only kids who were normally healthy, psychologically and physically, and they knew they would be going into a prison-like environment and that some of their civil rights would be sacrificed. Would those good people, put in that bad, evil place, or, would their goodness triumph?” The results of the experiment haunt many of us in the psychology field, today, as we ponder how far would Americans go in the enforcement of a brutal and vicious tyranny?

Zimbardo set up a mock prison in the basement of Stanford University’s psychology building, and then selected 24 undergraduate students to play the roles of both prisoners and guards.  The assignment of roles was accomplished through random selection. The participants were selected because they had no criminal background, lacked psychological issues and had no major medical conditions. Therefore, the participants in the study were far more psychologically and physically healthy than any group of modern day military force, police force or FEMA camp guards. The volunteers agreed to participate for a one- to two-week period.

Prisoners were to remain in the mock prison 24-hours a day for the duration of the study. Guards, on the other hand, were assigned to work in three-man teams for eight-hour shifts. After each shift, guards were allowed to return to their homes until their next shift. Researchers were able to observe the behavior of the prisoners and guards through the use of hidden cameras.

The experiment was originally scheduled to last two weeks, but it had to be stopped after just six days due to what was happening to the student participants. The guards became exceptionally abusive and the prisoners began to show signs of extreme stress, anxiety and nervous breakdown.

The prisoners and guards were allowed to behave in any manner they chose. However, the interactions were generally hostile or even dehumanizing. The guards began behaving in an aggressive and abusive manner toward the mock prisoners. Subsequently, nearly all of the prisoners became passive and depressed. Five of the prisoners began to experience such severe and acute anxiety, that they had to be released from the study early.

Zimbardo later wrote in his book The Lucifer Effect that “Only a few people were able to resist the situational temptations to yield to power and dominance while maintaining some semblance of morality and decency; obviously I was not among that noble class” . Even Zimbardo lost his objectivity and the experiment was only halted when his girl friend at the time, Christina Maslach, a graduate psychology student, voiced objections and threatened to break off her relationship with Zimbardo if the experiment continued.

The Stanford Prison Experiment demonstrates the powerful role that the situation can play in human behavior. Because the guards were placed in a position of power, they began to behave in ways they would not normally act in their everyday lives or in other situations. By putting a prison guard uniform on the participants, issuing sun glasses and a baton made the participant guards act in accordance with their perceived role. This has dire consequences for the ability of uniformed personnel to resist orders from their commanding officers to fire upon American citizens. People will act according to the role that they have been assigned to play. Finally, based upon the Zimbardo Prison Experiment, what kind of treatment could you expect at a FEMA camp?

Conclusion

Will American soldiers fire upon Americans in times of civil unrest? The evidence has been presented to you, what do you now believe?

2-6-2015 10-13-51 AM

Can Evil Be Defeated?

April 3rd, 2015 by

http://www.paulcraigroberts.org/2015/04/03/can-evil-defeated/

By Paul Craig Roberts

John W. Whitehead is a constitutional attorney. As head of the Rutherford Institute he is actively involved in defending our civil liberties. Being actively involved in legal cases, he experiences first hand the transformation of law from a shield of the American people into a weapon in the hands of the government.

American civil liberty was seriously eroded prior to 9/11 and the rise of the police/warfare state, a story I tell in How America Was Lost. Lawrence Stratton and I documented the loss of law as a shield of the American people in our book, The Tyranny of Good Intentions (2000, 2008). Whitehead in his book, A Government of Wolves (2013) and in his just released Battlefield America (2015) shows how quickly and thoroughly the police state has taken root.

We live in an electronic concentration camp. We are addicted to images on screens that disinform and propagandize us to accept and even welcome the police state activities that have destroyed our autonomy, privacy, and independence.

I write many columns on this subject. The advantage of a book is that it all comes together under one cover, and that is what Whitehead has done in Battlefield America.

“The outlook for civil liberties grows bleaker by the day, from the government’s embrace of indefinite detention for US citizens and armed surveillance drones flying overhead to warrantless surveillance of phone, email and Internet communications, and prosecutions of government whistle-blowers. The homeland is ruled by a police-industrial complex, an extension of the American military empire. Everything that our founding fathers warned against is now the new norm. The government has trained its sights on the American people. We have become the enemy. All the while, the American people remain largely oblivious.”

Whitehead gives it to us straight. We are continually abused in the name of protecting us. Ordinary Americans are subject to far worst abuse from government than they ever could be from criminals and terrorists, both of which are bogymen used to justify the government’s terrorism of the citizenry.

Four-year old children are handcuffed by police. Ninety-five year old citizens with walkers are body-slammed with their neck broken by police. War veterans without legs and wheelchair bound are shot and murdered by police. The police always justify their abuse and criminal acts by claiming they felt threatened. What kind of heavily armed police, usually together in gangs, is threatened by a four-year old, a 95-year old, a double amputee? The fact that police get away with this brutality shows their total lack of humanity and the total transformation of the purpose of police. Today a paranoid police protect not the public but the police state and themselves from an imaginary threatening public. We pay them to abuse and murder us.

On September 6, 7, and 8, 2014, the Washington Post reported that state and local police had become bandits, as in Mexico, who stop drivers in order to rob them. In “Stop and Seize,” the Washington Post reported that “aggressive police take hundreds of millions of dollars from motorists not charged with crimes.”

There are now training courses in which police are trained in the art of highway robbery. September 11, 2001, was used to create an industry that trains police in the aggressive techniques of highway interdiction. It is now routine for a traffic stop, whether justified or not, to result in the confiscation of your cash, other possessions, and your car itself. You can be robbed by police on the basis of their assumptions without being ticketed or charged with a crime.

Whitehead reports that in fiscal year 2012 the federal government alone seized $4.2 billion in assets despite the fact that in 80 percent of the cases no charge was issued.

Did you know that the school security industry is a $4.9 billion annual business that instills in youth acceptance of tyranny and punishments for infractions that are simply the normal behavior of youth?

Did you know that in 2006 a Halliburton subsidiary, Dick Cheney’s firm, was awarded a $385 million federal contract to build concentration camps in the US?

Did you know that Republicans have privatized the prison system and turned it into a $70 billion per year industry that demands ever more incarceration of citizens in order to drive profits. Consequently, 2.7 million American children now have at least one parent in prison, often on charges that would not constitute crimes in a civilized country.

US prison labor is now the cheapest form of labor available with prisoners paid between 93 cents and $4.73 per day. Prisoners make office furniture, work in call centers, fabricate body armor, take hotel reservations, work in slaughterhouses, manufacture textiles, shoes, and clothing, process agricultural products like milk and beef, package Starbucks coffee, shrink wrap software for Microsoft, sew lingerie for Victoria’s Secret, produce the military’s helmets, shirts, pants, tents, bags, canteens, and a variety of other equipment, make circuit boards for IBM, Texas Instruments and Dell. Sew McDonald’s uniforms, and perform labor services for Boeing, Motorola, Compaq, Revlon and Kmart.

Even the “mainstream” presstitute media has reported the US military drills in South Florida where military teams working with local police practiced rounding up American citizens for detention. The media has also reported the upcoming military occupations in Texas and Utah. There are protests but not on the level that a people conscious of the threat to their liberty would mount.

It seems clear that these are federal troops practicing control of the population which is being stripped of the constitutional right to hold government accountable. The pointless lockdown of Boston and its suburbs and the gratuitous house to house searches, a martial law exercise clearly prepared prior to the Boston Marathon Bombing, used fear created by the bombing, possibly a false flag operation, to teach the population compliance with, and acceptance of, martial law. The insouciant American population went along with it. If someone points out how they were manipulated, the fools scream “conspiracy theorist.”

The official explanation of the military exercises practicing population control in South Florida, Texas and Utah is that the military is practicing for overseas actions. Why then are local police involved? More likely we are witnessing drills described in the US Army’s 2010 publication, “Internment and Resettlement Operations.”

It is now routine for police to amuse themselves by carrying out strip searches and vaginal searches of women. Police go out of their way to provoke resistance so that they can beat, taser, and murder. If they can’t provoke it, they beat, taser, and murder anyway and claim their victim resisted arrest or threatened them. Have you noticed how the police find everyone threatening?

Whitehead shows that the educational system, entertainment, and television serve to indoctrinate and teach compliance. Television can do more than form public opinion. It is used to alter the worldview of the population. Our cars, household appliances, and smart homes are becoming devices designed to spy on us and report noncompliance. A society is being created in which there can be no autonomy and no freedom.</span>

The technology that permits the electronic concentration camp is produced by thoughtless people who have no concern for liberty. How, Whitehead asks, do we maintain our humanity in the face of technologies designed to dehumanize us?

America now has preemptive prosecution. Whitehead reports that 95 percent of those convicted of terrorism between 2001 and 2010 were prosecuted not for deeds, but for beliefs, ideology, or religious affiliations.

The two most engaging chapters in Battleground America are “The Matrix” and “The Posthuman Era,” together a mere 17 pages. The fusion of machines with humans to which trans-humanists are committed will destroy human sensibility, memory, and morality, and probably humans themselves.

Corporate America is in it for the money. Whitehead tells us: “With every smartphone we buy, every GPS device we install, and every Twitter, Facebook, and Google account we open, we’re helping Corporate America build a dossier for its government counterparts on who we know, what we think, how we spend our money, and how we spend our time.”

Whitehead quotes Bill Joy, a cofounder of Sun Microsystems: “I think it is no exaggeration to say we are on the cusp of the further perfection of evil.”

Jim Edwards says, “we humans are now data bits.”

In the penultimate chapter, Whitehead tells us what we can do, a question that I am forever asked by readers. Whitehead says that armed revolt is not an option. He believes that the tens of millions, perhaps 100 million, Americans who have pistols, rifles, and shotguns are not only unorganized, but outgunned. The 21st century has been used to militarize state and local police forces and to brutalize their attitude toward the American public. Even police in small towns now have helicopters, armored personnel carriers, tanks, machine guns, rocket-propelled grenades, drones, night vision, heat sensors, sensors that can see through the walls of houses and into cars.

If this is not enough, in comes the National Guard or federal troops, Army Rangers, Navy Seals. Or simply the release of germs. Washington can deal with its citizens the same way it dealt with the indigenous peoples we call Indians. Washington has retained in its hands live smallpox, a deadly killer, and there now have been several generations of Americans who have not had smallpox vaccination, because the disease was eliminated by vaccination. All the government has to do is to release smallpox on resistant populations, and, of course, the government has numerous other such means.

How did it come to this?

In my opinion, as I so often write, Americans are distracted by sex, entertainment, the difficulty of providing for themselves and for families. They are locked into the disinformation that sustains the American Matrix, blinded by their patriotism and the 4th of July speeches and by their indoctrination that Americans are “exceptional and indispensable.” And, of course, by their ignorance and arrogance. Americans simply have no clue.

The purpose of the evil that masquerades as a government in Washington is to prevent those few Americans who do have a clue from informing the rest of the population. Whistleblowers are arrested and falsely prosecuted and imprisoned. Journalists have been intimidated into silence.

Now, to Whitehead’s answer to what can we do. He says that we can mount “militant nonviolent resistance.” This worked for Christians in the decomposing Roman Empire.

It worked for Mahatma Gandhi in India against the British colonialists. It was working for Martin Luther King in America before he was assassinated, most likely by the FBI.

Whitehead says that the mass of the citizenry cannot be assassinated. If citizens simply stop cooperating by listening to the lies on TV, by purchasing the devices used to control them, by amusing themselves in front of propaganda screens, by learning again how to think, how to be human, how to be moral, the American police state can be defeated.

It worked in the past, and possibly it can work again. If not, Washington will remain the home of Sauron, a threat to every American citizen and to the entire world.

PCR’s new book, HOW AMERICA WAS LOST, is now available: In Print by Clarity Press and In Ebook Format on Amazon.com. Reviewed by Gary Corseri here: http://www.veteransnewsnow.com/2015/01/04/513867a-review-of-paul-craig-roberts-how-america-was-lost-from-911-to-the-policewarfare-state/

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4-3-2015 12-14-34 PM

http://us4.campaign-archive1.com/?u=f6eb78f457b7b82887b643445&id=c04f62e573&e=84f74f6a6a

 

 

 

OPINION
Is a New Political System Emerging in This Country?

 

IN THE COURTS
Ohio Judge: There Will Be No Mentioning of the Constitution Here ​Court Orders U.S. Government to Release 2,000 Images from Military Sites Including Abu Ghraib Suit: Facebook Facial Recognition Technology Violates Illinois Privacy Laws

 

RESISTANCE
Citizens Defy Border Patrol by Staying Silent with Video Cameras SFPD Shut down by Protesters Chained to the Gates After Police Murder Innocent ManSURVEILLANCE & TECHNOLOGY
A Year After Firestorm, DHS Wants Access to License-Plate Tracking System

License Plate Readers Subject of Concern in Hampton Roads

Google Is Going to Make Surgery Robots

Acceptance of a Semi-Public Digital Life Worries Privacy Advocates

Newly Released “StingRay” Manual Shows Company Asked FCC for Secrecy

 

WAR ON KIDS, FAMILY
Sex Trafficking Survivor Says Police Were Among Hundreds of Abusers Dallas Police Arrest 12-Year-Old Girl for ‘Throwing Book’ at School Justice Department Scrutinizes Dallas County Truancy Courts

 

 

 

AMERICAN POLICE STATE
Over 100 People Were Killed by Police in March. How Many More Will It Take? American Police Killed More People in March (111) than the Entire UK Police Have Killed Since 1900 NYPD Detective Stripped of Gun and Badge After Xenophobic Rant Caught on Video

Border Patrol Chase Turns Deadly; Man Dies in Horrific Fire

March to Martial Law? Undercover Special Forces to Sweep US Southwest

Absurd Fourth Circuit Ruling Embodies Everything That’s Wrong with Drug Raids

Missouri Cop Accused of Obstruction

Arrest of Woman at Rapid Station ‘Could Have Been Handled Far More Appropriately’ 

Cops Raid Elderly Couple Looking for a Meth Lab and Guns- Find Only Quilting Supplies

Witnesses: Police Let K-9 Maul Handcuffed Unconscious Man’s Face as They Beat Him to Death

Michigan Police Gave ‘High Fives’ and Made Fun of Beaten Suspect, Says Lawyer

 2-6-2015 10-13-51 AM

 

Madness Coming To Gold Market: “There Are Thirty to Fifty Owners For Each Ounce of Gold That’s Out There”

March 28th, 2015 by

http://www.activistpost.com/2015/03/madness-coming-to-gold-market-there-are.html

10-26-2014 6-21-28 PM

Mac Slavo
Activist Post

Though the price of gold has seen a significant drop over the last two years from its alltime highs of about $1900 per ounce, many experts and analysts believe that Western central banks and their colleagues at major financial institutions have been manipulating the price.

The rampant manipulation is believed to stem, in part, from the formerly Rothschild-owned London Gold Fix, an organization made up of five large banks that make a daily determination of what the price of gold should be.

It is this unilateral control by Western banks that recently prompted the Chinese to create their own Shanghai Gold Exchange. What separates the two is that the Chinese will be using their currency, the Yuan, as the reserve rather than the U.S. Dollar. Moreover, unlike their European counterparts, the Chinese will be trading in actual physical dollars.

The Daily Coin explains:

The product is gold. When gold is bought or sold [on the Shanghai Gold Exchange] a person actually takes delivery of the gold.

That is not the case in London. In London the price is based two factors:  1) the “futures” market in New York. This is where people buy a contract for future gold. Gold that may or may not exist today but they are willing to purchase today and take “delivery” in the future. 2) The other factor is a very small group of banksters sitting around and determining what the price should be. You know, good-ole-boys club.

 

It is this process by central banks in the West that will ultimately lead to the destruction of the paper gold market as it exists today.

The banks operating in these paper markets do so with gold that they don’t own. They trade in paper receipts. The reason that’s a problem is that there are anywhere from thirty to fifty “owners” for every ounce of gold out there.

Craig Hemke of the TF Metals Report discusses the Western gold scheme in a recent interview withThe Daily Coin and says that when the music finally stops there are going to be a lot of people who think they own a certain amount of gold but all they’ll really be holding is a worthless paper ticket:

There’s a lot of central bank gold…and even privately held gold… that has been leased through these bullion banks. These bullion, they say ‘we’ll pay you one percent because your gold is just sitting there collecting dust but we’ll pay you interest if you lease it to us.’

And then they go and they dump it, they move it physically in the market in the hopes that they’ll be able to, when that lease comes due, they’ll get the gold back and then repay it back to whoever loaned it to them in the first place. And they try to match all those up.

And the hole that they’re digging just keeps getting deeper and deeper.

There was news last week that now after about a year and a half after Venezuela repatriated their 80 or 90 tons of gold that now Goldman Sachs and Credit Suisse are down there trying to talk them into leasing it back out. Boy, they’d be crazy if they did.
That’s all part of the process.

‘Hey, give us that and we promise we’ll give it back to you a year or two from now, no problem at all… we can manage this’

[…]

You know, the first rule when you’re in a hole is to stop digging. Right? That’s not what they’re doing. They’re digging away frantically trying to maintain the status quo.

I firmly believe there are multiple… thirty maybe fifty beneficial owners for each ounce of gold that’s out there… Thirty or fifty folks that think they own that ounce and they’re all going to show up when the music stops thinking that they’re going to take delivery or lay claim to that ounce.

And that’s when the madness really starts.

When will that be? Probably not tomorrow. But as any confidence scheme eventually unravels, and this one will unravel too. It’s just a matter of time.

The problem is easy to see. Should just two people show up claiming the same ounce of gold one of them is coming home empty handed. What Craig Hemke describes is a scenario where as many as fifty different people are going to claim ownership for the same ounce of gold. The same is likely true for the silver market.

And now that the Chinese are dealing directly with physical gold it is only a matter of time before the entire scheme collapses. In fact, the Chinese and Russians know it’s coming and that’s why they’ve been furiously purchasing gold on the open market.

The solution should be obvious: If you invest in gold make sure you hold the physical asset in your hand.

Also read:

 2-6-2015 10-13-51 AM

One Last Look At The Real Economy Before It Implodes-Part 3

March 19th, 2015 by

http://www.alt-market.com/articles/2539-one-last-look-at-

the-real-economy-before-it-implodes-part-3

3-19-2015 1-26-55 PM

By Brandon Smith

In the previous installments of this series, we discussed the hidden and often unspoken crisis brewing within the employment market, as well as in personal debt. The primary consequence being a collapse in overall consumer demand, something which we are at this very moment witnessing in the macro-picture of the fiscal situation around the world. Lack of real production and lack of sustainable employment options result in a lack of savings, an over-dependency on debt and welfare, the destruction of grass-roots entrepreneurship, a conflated and disingenuous representation of gross domestic product, and ultimately an economic system devoid of structural integrity — a hollow shell of a system, vulnerable to even the slightest shocks.

This lack of structural integrity and stability is hidden from the general public quite deliberately by way of central bank money creation that enables government debt spending, which is counted toward GDP despite the fact that it is NOT true production (debt creation is a negation of true production and historically results in a degradation of the overall economy as well as monetary buying power, rather than progress). Government debt spending also disguises the real state of poverty within a system through welfare and entitlements. The U.S. poverty level is at record highs, hitting previous records set 50 years ago during Lyndon Johnson’s administration. The record-breaking rise in poverty has also occurred despite 50 years of the so called “war on poverty,” a shift toward American socialism that was a continuation of the policies launched by Franklin D. Roosevelt’s ‘New Deal’.

The shift toward a welfare state is the exact reason why, despite record poverty and a 23 percent true unemployment rate (as discussed here), we do not yet see the kind of soup lines and rampant indigence witnessed during the Great Depression. Today, EBT cards and other welfare programs hide modern soup lines in plain sight. It should be noted that the record 20 percent of U.S. households now on food stamps are still technically contributing to GDP. That’s because government statistics make no distinction between normal grocery consumption and consumption created artificially through debt-generated welfare.

This third installment of our economic series will be the most difficult.  We will examine the issue of government debt, including how true debt is disguised from the public and how this debt is a warning of a coming implosion in our overall structure.  National debt is perhaps one of the most manipulated fields of economics, and the layers surrounding what our country truly owes to foreign creditors and central banks are many.  I believe this confusing array of disinformation is designed to discourage average Americans from pursuing the facts.  Here are the facts all the same, for those who have the patience…

First, it is important to debunk the mainstream lies surrounding what constitutes national debt.

“Official” national debt as of 2015 is currently reported at more than $18 trillion. That means that under Barack Obama and with the aid of the private Federal Reserve, U.S. debt has nearly doubled since 2008 — quite an accomplishment in only seven years’ time. But this is not the whole picture.

Official GDP numbers published for mainstream consumption do NOT include annual liabilities generated by programs such as Social Security and Medicare. These liabilities are veiled through the efforts of the Congressional Budget Office (CBO), which reports on what it calls “debts” rather than on the true fiscal gap. Through the efforts of economists like Laurence Kotlikoff of Boston University, Alan J. Auerbach and Jagadeesh Gokhale, understanding of the fiscal gap (the difference between our government’s projected financial obligations and the present value of all projected future tax and other receipts) is slowly growing within more mainstream circles.

The debt created through the fiscal gap increases, for example, because of the Social Security program – since government taxes the population for Social Security but uses that tax money to fund other programs or to pay off other outstanding debts. In other words, the government collects “taxes” with the promise of paying them back in the future through Social Security, but it spends that money instead of saving it for the use it was supposedly intended.

The costs of such unfunded liabilities within programs like Social Security and Medicare accumulate as the government continues to kick the can down the road instead of changing policy to cover costs. This accumulation is reflected in the Alternative Financial Scenario analysis, which the CBO used to publish every year but for some reason stopped publishing in 2013. Here is a presentation on the AFS by the St. Louis branch of the Federal Reserve. Take note that the crowd laughs at the prospect of the government continuing to “can kick” economic policy changes in order to avoid handling current debt obligations, yet that is exactly what has happened over the past several years.

Using the AFS report, Kotlikoff and other more honest economists estimate real U.S. national debt to stand at about $205 trillion.

When the exposure of these numbers began to take hold in the mainstream, media pundits and establishment propagandists set in motion a campaign to spin public perception, claiming that the vast majority of this debt was actually “projected debt” to be paid over the course of 70 years or more and, thus, not important in terms of today’s debt concerns. While some estimates of national debt include future projections of unfunded liabilities in certain sectors this far ahead, the spin masters’ fundamental argument is in fact a disingenuous redirection of the facts.

According to the calculations of economists like Chris Cox and Bill Archer, unfunded liabilities are adding about $8 trillion in total debt annually. That is $8 trillion dollars per year not accounted for in official national debt stats.  For the year ending Dec. 31, 2011, the annual accrued expense of Medicare and Social Security was $7 trillion of this amount.

Kotlikoff’s analysis shows that this annual hidden debt accumulation has resulted in a current total of $205 trillion. This amount is not the unfunded liabilities added up in all future years. This is the present value of the unfunded liabilities, discounted to today.

How is the U.S. currently covering such massive obligations on top of the already counted existing budget costs? It’s not.

Taxes collected yearly in the range of $3.7 trillion are nowhere near enough to cover the amount, and no amount of future taxes would make a dent either. This is why the Grace Commission, established during the Ronald Reagan presidency, found that not a single penny of your taxes collected by the Internal Revenue Service is going toward the funding of actual government programs. In fact, all new taxes are being used to pay off the ever increasing interest on current debts.

For those who argue that an increase in taxation is the cure, more than 102 million people are unemployed within the U.S. today. According to the Bureau of Labor Statistics and the Current Population Survey (CPS), 148 million are employed; about 20% of these are considered part-time workers (about 30 million people). Around 16 million full time workers are employed by state and local government (meaning they are a drain on the system whether they know it or not).  Only 43 percent of all U.S. households are considered “middle class,” the section of the public where most taxes are derived. In the best-case scenario, we have about 120 million people paying a majority of taxes toward U.S. debt obligations, while nearly as many are adding to those debt obligations through welfare programs or have the potential to add to those obligations in the near future if they do not find work due to the high unemployment rate that no one at the BLS wants to acknowledge.

Looking at reality, one finds a swiftly shrinking middle class paying for an ever larger welfare class.  Do the math, and an honest person will admit that no matter how much taxes increase, they will still never make up for the lack of adequate taxpayers.

Another dishonest argument given to dismiss concerns of national debt is the lie that Domestic Net Worth in the U.S. far outweighs our debts owed, and this somehow negates the issue. Domestic Net Worth is calculated using Gross Domestic Assets, public and private. It’s interesting, however, that Domestic Net Worth counts ‘Debt Capital’ as an asset, just as GDP counts debt creation as production.  Debt Capital is the “capital” businesses and governments raise by taking out loans. This capital (debt) is then counted as an asset toward Domestic Net Worth.

Yes, that’s right, private and national debts are “assets.” And mainstream economists argue that these debts (errr… assets) offset our existing debts. This is the unicorn, Neverland, Care Bear magic of establishment economics, folks. It’s truly a magnificent thing to behold.

Ironically, debt capital, like the official national debt, does not include unfunded liabilities. If it did, mainstream talking heads could claim an even vaster supply of “assets” (debts) that offset our liabilities.

This situation is clearly unsustainable. The only people who seem to argue that it is sustainable are disinformation agents with something to gain (government favors and pay) and government cronies with something to lose (public trust and their positions of petty authority).

With overall Treasury investments static for some foreign central banks and dwindling in others, the only other options are to print indefinitely and at ever greater levels, or to default. For decades, the Federal Reserve has been printing in order to keep the game afloat, and the American public has little to no idea how much fiat and debt the private institution has conjured in the process. Certainly, the amount of debt we see just in annual unfunded liabilities helps to explain why the dollar has lost 97 percent of its purchasing power since the Fed was established. Covering that much debt in the short term requires a constant flow of fiat, digital and paper.  Not only does REAL debt threaten our credit standing as a nation, it also threatens the value and full faith in the dollar.

The small glimpse into Fed operations we received during the limited TARP audit was enough to warrant serious concern, as a full audit would likely result in the exposure of total debt fraud, the immediate abandonment of U.S. Treasury investment, and the destruction of the dollar. Of course, all of that will eventually happen anyway…

I will discuss why this will take place sooner rather than later through the issues of Treasury bonds and the dollar in the fourth installment of this series. In the fifth installment, I will examine the many reasons why a deliberate program of destructive debt bubbles and currency devaluations actually benefits certain international financiers and elites with aspirations of complete globalization. And in the sixth and final installment, I will delve into practical solutions – and practical solutions only. In the meantime, I would like everyone to consider this:

No society or culture has ever successfully survived by disengaging itself from its own financial responsibilities and dumping them on future generations without falling from historical grace. Not one. Does anyone with any sense really believe that the U.S. is somehow immune to this reality?

 

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You can contact Brandon Smith at:

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2-6-2015 10-13-51 AM

 

The Russians Are Ready to Initiate Red Dawn Against America

March 14th, 2015 by

http://beforeitsnews.com/war-and-conflict/2015/03/the-russians-are-

ready-to-initiate-red-dawn-against-america-2456248.html

3-14-2015 11-06-42 AM

Dr. Walker Todd, former 20 year consultant to the Federal Reserve.

On Thursday night, airing on Randy Yarbrough’s radio show on 1360AM out of Johnstown, Colorado, Dr. Walker Todd called in into the show and offered a stunning prediction. Dr. Todd stated that the U.S. economy has about “60-90 days of life in it as the dollar is on the verge of collapse”. 

The dire prediction from only man would not ordinarily carry much weight, however, Dr. Todd was a an economic consultant with 20 years of experience at theFederal Reserve Bank of New York and the Federal Reseve Bank of Cleveland. He is also a member of the Cato Institute‘s new Center for Monetary Financial Alternatives as one of its Adjunct Scholars.  Given his background, his expressed opinions should be given very serious consideration.

If Dr. Todd’s prediction is accurate, this fits in with what other sources are saying is coming in the very near future. It has always been my position that a false flag even would be used as a pretext to invoke martial law. Martial law would then be used as the excuse to begin gun confiscation. Gun confiscation will be used disarm American citizens prior to subjugating the country by using foreign mercenaries in what could be labeled as a “Red Dawn” scenario.

 Amerika the Miniseries

 Many have been quick to point out that the movie miniseries, Amerika, portrays the Soviet Union conducting a bloodless takeover of our country. This was a takeover made easy by the apathy of Americans to defend freedom as clearly stated by the Soviet leader in the movie: It (the coup) worked because you lost your country before we ever got here”.  The more things change the more they say the same. 

It is highly recommended that all Americans watch this movie about the country we would could soon be “fundamentally transformed” into, Amerika. It is chilling to watch the parallels of this 1987 miniseries and what is taking place now with ever increasing rapidity.

 Through a series of Executive Orders, President Obama has rendered Congress to be an impotent body. Here in the move, Amerika, the President of Amerika, enacts the final solution against Congressional interference against the communist takeover of our country.

3-14-2015 11-07-49 AM

More efficient than an Executive Order. 

EvenSenator Lindsay Graham is now advocating for a military dictatorship on the eve of some very ominous events which lie in our immediate future.

 Red Dawn

3-14-2015 11-09-05 AM

Let’s dust off some old evidence from last year when a rash of UN vehicles were being spotted as they were being transported to places unknown. In retrospect, it is clear that these vehicles are being stored for future use.

3-14-2015 11-11-02 AM

Sightings of these vehicles have been widely reported beginning last Spring. And this has led some to suspect that an occupation force is being mobilized.

Given what is to be revealed in the rest of the article, these UN vehicles were being transported to staging areas in preparation for a later roll out, such as the implementation of a real Red Dawn scenario.

What Lies Ahead?

As I have written multiple times, America will be taken down according to the following scenario: (1) A false flag, more than likely a scenario resulting in economic collapse and the destruction of the dollar. This is in line with what Dr. Todd stated on the radio on March 12, 2015; (2) The implementation of martial law rule, perhaps involving the use of foreign troops; and (3) All out conflict.

There are clear economic, political and military reasons why the Russians would want to occupy Alaska. My interest in this topic surfaced quite serendipitously as a couple of listeners to my radio program sent me information on the Agenda 21 invasion of small Alaska communities, and oh, by the way, they also reported that they were seeing Russian troops in their respective communities. The adjacent maps reveals the towns where Russian troops, or there is a large contingency of Russian civilians in Alaska.

3-14-2015 11-12-21 AM

The sighting of Russian troops in small Alaskan towns such Ketchikan, Alaska, got my undivided attention. Ketchikan is the southeastern most city in Alaska. With an estimated population of 8,050. Ketchikan is the fifth-most populous city in the state. Another area where there are civilian sightings of Russian troops is in Sitka, Alaska. The City of Sitka, formerly New Archangel under Russian rule, is located on Baranof Island and the southern half of Chichagof Island in the Alexander Archipelago of the Pacific Ocean. Additionally, one military veteran reports seeing Russian submarines, on a frequent basis, just off the coast. Further, there are civilian reports of Russian vehicles and troops moving through Alaska north of Anchorage. Because of the multiplicity of the reports, these are indeed verifiable, reported accounts of Russian troops on American soil.

3-14-2015 11-13-46 AM

Russian and American troops at Fort Carson, May 2012

The presence of Russian troops on American soil is very troublesome. America does not need to rely on the anecdotal accounts of Alaskan civilians to be concerned about the presence of Russian troops on American soil. Russian commandos are also “training” at Fort Carson, in Colorado Springs.

There are additional reports of Russians in and around the Alaskan town of Wasilla.

3-14-2015 11-14-46 AM

 I have learned, from multiple sources that the Russians have moved at least one, and probably two divisions of troops into the Eastern Arctic just outside of Alaska. This dovetails with another Russian military/political actions in recent times as we know that the Russians have established a very large presence in the Arctic, just above Alaska.

3-14-2015 11-15-41 AM

I have also learned that Russians, in large numbers have crossed over into Alaska. Many are in civilian clothes and many are being housed in several closed Alaskan military bases and abandoned motels. I am told that Russian troops are being maintained in the following two closed Alaskan bases.

3-14-2015 11-16-52 AM

Further, it is not a secret that some of these forces have worked with DHS on abduction exercises in which hypothetical members of the Independent Media and uncooperative and influential politicians (i.e. just like the movie Amerika) are snatched by troops offloaded from low-flying helicopters in the middle of the night. These drills have been coordinated in multiple locations which leads one to believe that when this scenario is acted upon, these abductions will take place on the same night.

More Supporting Documentation

I have repeatedly stressed the importance of seven Islands that Obama gave away to Russia. Please note their location. Two of the Islands are ideal for launching an invasion of Alaska. The other five Islands are serving to block access to the American navy in and around the Arctic interests of Russia.

3-14-2015 11-18-01 AM

Multiple reports from Alaskan fisherman have observed that Russian troops are occupying US/Alaska’s Wrangell Island in the Arctic which was one of the seven Islands given to Russia by Obama.

Interestingly, Google posted the following pictures and labeled them as “Russian military troops sighted in Alaska”

3-14-2015 11-19-16 AM

3-14-2015 11-20-07 AM

Maybe someone should be asking Google where they got these photos of what Google labels “Russian troops in Alaska”. If one does not believe that Obama is capable of facilitating this kind of treason, perhaps Obama would care to explain what happened when  In March of 2012, with a microphone left on. Obama made an unguarded comment to Russian leaderDmitry Medvedev to be “more lenient on nuclear issues” because he could be more flexible “after the November election (2012)”. Does more flexible mean killing the Keystone Pipeline prior to giving away seven rich Alaskan Islands to the Russians? Obama did indeed do that.  Does more flexible mean letting the Russians train in Colorado Springs and in Alaska? Obama did indeed do that too.  Does being more flexible mean compromising our defense of Alaska? This is absolutely the case, as Alaska is being prepared to know exception.

There is yet another rumor that is persistently being reported and it is that Putin has disappeared. This led to an Internet rumor, yesterday, that Putin was dead. The more credible sources states that Putin has, instead, retired to his nuclear bunker in the Ural Mountains at Yamanatu. What we do not know is if Putin is carrying out a drill, or is this the real thing? Either way, his retreat to his bunker should signal to the rest of us, his true intent.

Former Soviet Union Defectors Have Warned US

Anatoliy Golitsyn, a high-ranking KGB defector who fled to the United States in order to warn Americans about the secret Russian plan to attack the United States. Golitsyn is generally considered to be among the first and most revealing on the subject of the secret Russian plans to attack. Having authored the The Perestroika Deception in which Golitsyn wrote about the deceitful intent behind the Leninist strategy in which the present-day Communists are actively pursuing as they fake American style democratization efforts in Russia. According to Golitsyn, the short-term strategic objective of the Russians is to achieve a technological convergence with the West solely on Russian terms and mostly through a series of one-sided disarmament agreements. According to Golitsyn, after the United States military is eliminated as a strategic threat to Russia, the long-range strategic Russian plan is to pursue Lenin’s goal of replacing nation states with collectivist model of  regional governments as a stepping stone to global governance. In order to achieve their final goal, Golitsyn states that Russia, after lulling America to sleep, will join with China in order to attack the United States from both the outside and inside as he detailed that the Soviets and the Chinese will be officially reconciled and enact a “scissors strategy” in which China will attack the US through the southern border and Russia through northern border by way of Alaska. As the reader will clearly see in the following paragraphs, Obama is the catalyst in making these long-range communist plans come to fruition. Has Obama already signed Amerika’s surrender papers?

Is Dr. Todd correct? Do we only have 60-90 days left before everything unravels?

OLDDOGS COMMENTS

https://www.youtube.com/watch?v=bKwO1onXAaI

 It will only take 48:55 to get your head out of your butt.

YOU CAN CRASH THEIR PLAN WITH CASH.

CUT UP YOUR CARDS AND CHECKS AND WATCH THE SHIT HIT THE FAN

2-6-2015 10-13-51 AM

One Last Look At The Real Economy Before It Implodes – Part 2

March 13th, 2015 by

http://www.alt-market.com/articles/2534-one-last-look-at-the-real-economy-before-it-implodes-part-2

3-13-2015 3-05-52 PM

By Brandon Smith

Consumer spending in the U.S. accounts for approximately 70 percent of gross domestic product, though it is important to note that the manner in which “official” GDP is calculated is highly inaccurate. For example, all government money used within the Medicare coverage system to pay for “consumer health demands,” as well as the now flailing Obamacare socialized welfare program, are counted toward GDP, despite the fact that such capital is created from thin air by the Federal Reserve and also generates debt for the average taxpayer. Government debt creation does not beget successful domestic production. If that was a reality, then all socialist and communist countries (same thing) would be wildly enriched today. This is simply not the case.

That said, the swift decline in manufacturing jobs in the U.S. over the past two decades, including a considerable 33 percent overall decline in manufacturing jobs from 2001 to 2010, leaves only the consumer and service sectors as the primary areas of employment and “production.” The service sector provides about three out of every four jobs available in America, according to the Bureau of Labor Statistics.

The truth is that America actually produces very little that is tangible beyond Big Macs, pharmaceuticals and the occasional overpriced fighter jet that doesn’t function correctly and is filled with Chinese parts. All three will kill you at varying degrees of speed…

In the first part of this article series, I discussed the true state of global demand, along with the unstable situation within numerous indicators from exports to retail. Swiftly falling global demand for raw materials as well as consumer goods is an undeniable reality. This is a distinct problem in terms of the U.S., which has been, up until recently, the primary consumption driver for much of the world. As I plan to show, U.S. demand is about to fall even further into the abyss as real unemployment and personal debt take their toll.

Now, it is probably important to address the lies presented in the mainstream and by the BLS in terms of unemployment statistics because even after years of alternative analysts debunking establishment stats and how they are calculated, we STILL end up hearing the same arguments parroted by disinformation agents and unwitting useful idiots.

Such people continue to parade around boasting about the latest BLS reports on job creation claiming that “all is well” because the unemployment rate has dropped to 5.5% and all other talk to the contrary is “doom and gloom.” So, once again, I must relate the fact that the current BLS numbers are an utter sham.

Official unemployment stats are arrived at through disingenuous methods of calculation that were introduced in the 1990s, just before the bursting of the dot com bubble; the introduction of artificially low interest rates, which created the derivatives crisis; and the steady derailment of the U.S. financial system, which has occurred ever since.

So who is actually counted as employed and who is NOT counted as employed by the BLS?

Of the 102 million working-age Americans without work today, only 8.7 million are counted by the BLS as unemployed. Out of all working-age Americans, over 92 million are without jobs and are not counted by the BLS as unemployed. Why?

Well, if you ever read establishment-leaning propaganda websites like Factcheck or Poltifact, the argument is essentially that these 92 million Americans are not counted because they “refuse to participate,” not because they can’t find adequate employment and not because the government is misrepresenting the numbers. Yes, that’s right, 92 million Americans don’t count because they clearly must not want work.

So, first, I would ask how it is that the BLS comes to the conclusion that nearly one-third of the U.S. population does not want to work? Is it through its so called “household surveys?” Surveys, just like public polls, can be easily manipulated to affirm any particular bias merely by changing how questions are phrased. I would certainly love to see the raw data from such polls before the BLS adds its own spin.

Second, even if such claims were true and tens of millions of Americans did not want to work, why would this matter? Shouldn’t they still be counted as unemployed in order to draw the most accurate picture of our economic situation? Wouldn’t 92 million Americans apparently on a long-term labor and productivity strike have a severe negative effect on real GDP? And obviously, they must be surviving somehow. Wouldn’t 92 million people eventually require government assistance through food stamps and welfare? Does none of this matter to the BLS in terms of the overall economic picture?

Third, if the assertion is that 92 million people do not want jobs, then by extension the BLS would have to show that those millions of people could in fact get a job if they simply tried. Where are these tens of millions of jobs that Americans are refusing to apply for and what do they pay?

Fourth, a common misrepresentation attached to the claim of “refusal to participate” is that many of these Americans are teens in school (16 to 18) and possible “retirees” (55 or older). The BLS and the mainstream media simply assume these people do not want a job and should not be counted as unemployed. Of course, the BLS includes such people in its stats when they DO have jobs. So, according to the BLS, if you are 16 or 55 or 65 and you have a job, then you count. If you are 16 or 55 or 65 and don’t have a job, then you don’t count. See how that works?

Fifth, millions of Americans are losing long-term unemployment benefits every quarter and are being removed from BLS statistics. Many of them are not teens or retirees. These are average-working-age adults who now no longer have any real launch pad to progress in their career or life, and who should be fully motivated to obtain work if jobs are so readily available. Again, where are these jobs that said prime-working-age people refuse to accept?

The BLS also invariably discounts the number of working-age Americans who enter the market as well when boasting of jobs created to the public. Job growth numbers do not weigh the number of new participants each month with the number of supposed jobs made available, thus creating a misconception about how many new jobs are actually needed to keep the economy functional.

Another important factor to observe in government labor statistics is the issue of part-time work. When the BLS releases its monthly stats on unemployment, it does not widely promote or discuss the fact that 18 percent to 20 percent of those labeled “employed” are considered “part-time employed.” The BLS defines “part-time employed” as anyone who works 1 to 34 hours per week. Yes, if you work one hour per week, you have helped to bring down the overall unemployment rate of the U.S. to a fantastic 5.5 percent, even though you likely have zero ability to support yourself financially, let alone a family.

What does the 5.5 percent unemployment number actually represent on a fundamental level where the real world actually matters rather than the world of hypothetical calculations? Not a damn thing. The number is absolutely and unequivocally meaningless.

If one were to calculate unemployment using pre-1990s methods, as websites like Shadowstats.com do, counting U-6 measurements as well as the underemployed, you would come up with a U.S. jobless rate closer to 23 percent.

Many of those workers in the service sector on the higher end of the part-time and full-time spectrum still cannot support themselves adequately due to falling wages, rising prices and growing debt obligations, which brings me to the next problem at hand.

Beyond unemployment as a destroyer of consumer demand, there is also personal debt. Much of the focus within the mainstream and even alternative economics revolves around national debt (I will cover the many lies surrounding national debt in my next article). However, effects on fundamental demand are far clearer when one examines household liabilities. According to averages supplied through government stats (meaning the real numbers are likely far worse), the average American household suffers from between $10,000 to $15,000 in credit card debt, $155,000 in mortgage debt and $32,000 in student loan debt.

Americans owed nearly $12 trillion overall in 2014, an increase of 3.3 percent over 2013. Declines in some debts, including a decline in credit card debts since 2011, are attributed to numerous defaults, not repayments.

What we have here is a deadly fiscal combination; namely the combination of real unemployment at permanently high levels and real personal debt at unsustainable levels. This is the core reason behind the collapse in global demand that was discussed in the first installment of this series. With U.S. consumers no longer able to support their historical consumption habits and with the inflexible skeleton of the U.S. economy in particular dependent on past consumer dynamics, the system has little financial plasma left circulating.

This is not necessarily a new trend; but 10 years ago, Americans were able to offset their dwindling buying power by taking on massive debts through easy Federal Reserve fiat fueling questionable bank loans. They no longer have this option; thus, consumption is going to degrade (and is degrading) to the point that the current financial structure, stuck in its rigid and fragile dynamic, will collapse. There is no way around it.

As stated in my last article, the numbers given here are in most cases establishment-generated statistics. A common argument among state apologists and propagandists is that we in the alternative economic field should be labeled “hypocritical” if we debunk some mainstream stats while using others as reference points. I would make clear yet again that it is the contradictions within the government’s own numbers and claims that alternative analysts are most concerned with. My view is that when mainstream numbers actually reflect negative economic trends, they should be multiplied according to other prominent factors. That is to say, when the government bureaucrats and fantasy masters finally admit things are bad, they are actually much worse than indicated.

Some mainstream statistics are outright fraudulent; some are half true; others are factual yet hidden in plain site from the general public. In between the lines of all of this information, good and bad, alternative economists attempt to discern as much foundational truth as possible. As this series continues, I believe readers new to the Liberty Movement, as well as longtime activists, will come to view a wider and fuller picture of our fiscal situation and come to the same conclusion I have – That the manner in which we live today is about to drastically change, and that this coming change is being hidden from us deliberately by those who wish to use a tactic of financial shock and awe to their ultimate advantage.

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 You can contact Brandon Smith at:

brandon@alt-market.com

 2-6-2015 10-13-51 AM

The Cataclysmic Conflict Yet to Come And What We Can Do To Stop It

March 7th, 2015 by

http://www.activistpost.com/2015/03/the-cataclysmic-conflict-yet-to-come.html

Tony Cartalucci

Activist Post

Corporate-financier interests driving US foreign policy have long ago conspired to use Al Qaeda and other sectarian extremist forces to create a Pan-Arabian mercenary force with which to fight their enemies. Warned about in 2007 in a prophetic 9-page report by veteran journalist, two-time Pulitzer Prize-winner Seymour Hersh, then exposed through documented evidence over the course of the past four years, and now incontrovertibly unfolding before the world’s eyes, this criminal conspiracy against world peace and all of humanity can be seen in its full, horrific form.

3-7-2015 3-07-01 PM

The war special interests in the United States along with its co-conspirators plan to wage across the planet encompasses not only the Middle East and North Africa, but also Russia, China, and beyond. It threatens the lives, peace, and prosperity of all on Earth. If it is not exposed, and the special interests driving it not undermined, uprooted, and purged from humanity, none will escape the dark days that inevitably lie ahead.

The Unheeded Warning 

It was in 2007, in the New Yorker, that veteran journalist Seymour Hersh published his lengthy, prophetic report, “The Redirection Is the Administration’s new policy benefiting our enemies in the war on terrorism?” Within it, Washington, Riyadh, and Tel Aviv were exposed amidst a criminal conspiracy to use sectarian extremists in a proxy war against Iran and its allies in Syria and Lebanon. The impending conflict was described as “cataclysmic.”

 

The report stated explicitly that (emphasis added):

To undermine Iran, which is predominantly Shiite, the Bush Administration has decided, in effect, to reconfigure its priorities in the Middle East. In Lebanon, the Administration has cooperated with Saudi Arabia’s government, which is Sunni, in clandestine operations that are intended to weaken Hezbollah, the Shiite organization that is backed by Iran. The U.S. has also taken part in clandestine operations aimed at Iran and its ally Syria. A by-product of these activities has been the bolstering of Sunni extremist groups that espouse a militant vision of Islam and are hostile to America and sympathetic to Al Qaeda.

And because the conspiracy was exposed during the administration of US President George W. Bush, attempts by the establishment to compartmentalize current, and increasingly more obvious support by the US of Al Qaeda and the so-called “Islamic State” by characterizing it as a misstep or even “treason” by the administration of US President Barack Obama, is merely a political ploy. It is clear that instead, the policy and its execution across two supposedly diametrically opposed political parties, is an example of “continuity of agenda.”

3-7-2015 3-07-55 PM

And while the political “right” in the United States in particular feigns outrage and suspicion over the Obama administration’s ties and support for sectarian extremist organizations, including the Muslim Brotherhood and factions with direct ties to Al Qaeda, it was exposed in Hersh’s 2007 article that the Bush administration had in fact initiated this support.  Obama keeping the Oval Office’s chair warm while this policy continues.

Hersh’s report would state:

There is evidence that the Administration’s redirection strategy has already benefitted the Brotherhood. The Syrian National Salvation Front is a coalition of opposition groups whose principal members are a faction led by Abdul Halim Khaddam, a former Syrian Vice-President who defected in 2005, and the Brotherhood. A former high-ranking C.I.A. officer told me, “The Americans have provided both political and financial support. The Saudis are taking the lead with financial support, but there is American involvement.” He said that Khaddam, who now lives in Paris, was getting money from Saudi Arabia, with the knowledge of the White House. (In 2005, a delegation of the Front’s members met with officials from the National Security Council, according to press reports.) A former White House official told me that the Saudis had provided members of the Front with travel documents.

[Walid] Jumblatt said he understood that the issue was a sensitive one for the White House. “I told Cheney that some people in the Arab world, mainly the Egyptians”—whose moderate Sunni leadership has been fighting the Egyptian Muslim Brotherhood for decades—“won’t like it if the United States helps the Brotherhood. But if you don’t take on Syria we will be face to face in Lebanon with Hezbollah in a long fight, and one we might not win.”

This support would manifest itself both in Egypt and Syria, where the Muslim Brotherhood, its political networks, and armed groups built within them, served as the foundation of unrest and violence that took place under the cover of regional US-engineered political subversion often referred to as the “Arab Spring.” In Egypt, the Muslim Brotherhood would succeed temporarily in seizing power. In Syria, the Brotherhood would trigger violence and eventually devastating, protracted war.

Perhaps throughout Hersh’s 9-page report, the most sobering warning came from a former CIA agent in Lebanon. Hersh’s report would state:

Robert Baer, a former longtime C.I.A. agent in Lebanon, has been a severe critic of Hezbollah and has warned of its links to Iranian-sponsored terrorism. But now, he told me, “we’ve got Sunni Arabs preparing for cataclysmic conflict, and we will need somebody to protect the Christians in Lebanon. It used to be the French and the United States who would do it, and now it’s going to be Nasrallah and the Shiites.

3-7-2015 3-09-37 PM

And this is precisely what is now unfolding all across the Middle East and North Africa. A cataclysmic conflict driven by sectarian extremists waging war on minority groups across the region, with only Iran, Syria, and Hezbollah left to defend them – and with the United States and its allies doing everything imaginable to stop them from doing so.

Clearly the “French and the United States,” cannot reprise their role as protectors of the region’s minorities, since they have openly thrown in their lot – as predicted by Hersh in 2007 and as is evident today – with Al Qaeda and ISIS.

ISIS is Al Qaeda – And America is Backing them Both 

Attempts to compartmentalize political responsibility for the rise and perpetuation of extremists across the Arab World is not the only game being played by Western special interests. They have also attempted to compartmentalize the extremists themselves.

3-7-2015 3-12-46 PM

In Syria, Al Qaeda in the form of Jabhat al-Nusra, has been the prevailing armed faction throughout the conflict, beginning in 2011. This isn’t according to the Syrian government and “Bashar al Assad’s propaganda,” this is according to the US State Department itself which listed them as a foreign terrorist organization in 2012. In their official statement, “Terrorist Designations of the al-Nusrah Front as an Alias for al-Qa’ida in Iraq,” they reported:

Since November 2011, al-Nusrah Front has claimed nearly 600 attacks – ranging from more than 40 suicide attacks to small arms and improvised explosive device operations – in major city centers including Damascus, Aleppo, Hamah, Dara, Homs, Idlib, and Dayr al-Zawr. During these attacks numerous innocent Syrians have been killed. Through these attacks, al-Nusrah has sought to portray itself as part of the legitimate Syrian opposition while it is, in fact, an attempt by AQI to hijack the struggles of the Syrian people for its own malign purposes. AQI emir Abu Du’a is in control of both AQI and al-Nusrah. Abu Du’a was designated by the State Department under E.O. 13224 on October 3, 2011, and by the United Nations under UN Security Council Resolution 1267 on October 5, 2011. Abu Du’a also issues strategic guidance to al-Nusrah’s emir, Abu Muhammad al-Jawlani, and tasked him to begin operations in Syria.

3-7-2015 3-13-54 PM

For readers who may have believed the US State Department’s claims that “al-Nusrah has sought to portray itself as part of the legitimate Syrian opposition while it is, in fact, an attempt by AQI to hijack the struggles of the Syrian people for its own malign purposes,” they may be shocked to discover that now, apparently, al-Nusra is considered by the US and its allies among the “legitimate Syrian opposition.”

In order to make this possible, Nusra is carrying out a public relations campaign with the aid of American and European media monopolies – including Reuters who in their report titled, “Insight – Syria’s Nusra Front may leave Qaeda to form new entity,” would claim:

Leaders of Syria’s Nusra Front are considering cutting their links with al Qaeda to form a new entity backed by some Gulf states trying to topple President Bashar al-Assad, sources said.

Sources within and close to Nusra said that Qatar, which enjoys good relations with the group, is encouraging the group to go ahead with the move, which would give Nusra a boost in funding.

Of course, Nusra is already harbored, aided, armed, and abetted by NATO, using NATO territory in Turkey as a base of operations. And while Reuters attempts to portray Nusra as “the enemy of our enemy,” claiming the rebranding and boost in funding would help them fight the “Islamic State,” by all accounts Nusra and ISIS are already one in the same.

What’s worse is that this trick of portraying Al Qaeda as a bifurcated movement at odds with itself to compartmentalize and use the same organization for multiple, and at times, opposing objectives, was already seen during the US occupation of Iraq.

The New York Times in its article, “Leader of Al Qaeda group in Iraq was fictional, U.S. military says,” would admit:

Brigadier General Kevin Bergner, the chief American military spokesman, said the elusive Baghdadi was actually a fictional character whose audio-taped declarations were provided by an elderly actor named Abu Adullah al-Naima.

The ruse, Bergner said, was devised by Abu Ayub al-Masri, the Egyptian-born leader of Al Qaeda in Mesopotamia, who was trying to mask the dominant role that foreigners play in that insurgent organization.

The ploy was to invent Baghdadi, a figure whose very name establishes his Iraqi pedigree, install him as the head of a front organization called the Islamic State of Iraq and then arrange for Masri to swear allegiance to him. Ayman al-Zawahiri, Osama bin Laden’s deputy, sought to reinforce the deception by referring to Baghdadi in his video and Internet statements.

Indeed, the “Islamic State in Iraq” was fictional. It was Al Qaeda all along, just like the “Islamic State in Syria and Iraq” or “ISIS” is also fictional, a functionary of Al Qaeda and the foreign interests sponsoring it.

The reality of this couldn’t be illustrated any more perfectly than with the case of Libyan terrorist Abdelhakim Belhadj. Having been a member of the “Libyan Islamic Fighting Group” or LIFG for decades, he would literally travel to Afghanistan where he would fight American soldiers in the wake of 9/11. He was even captured and enrolled in the United States’ infamous “rendition program.” Upon release from prison in Libya, he would promptly organize and lead armed rebellion against the government Muammar Qaddafi, with extensive NATO arms, cash, and even air cover.

2007 West Point Combating Terrorism Center (CTC) report examining the demographics of foreign fighters caught in Iraq fighting then occupying US troops would reveal that the NATO-backed rebels in Libya led by Belhaj were in fact fighters drawn from the Libyan Islamic Fighting Group (LIFG) listed by both the US State Department and UK Home Office as a foreign terrorist organization.

3-7-2015 3-15-11 PM

In essence then, the United States and its NATO partners knowingly and willfully handed the nation of Libya and its people over to Al Qaeda. Despite Belhaj’s documented terrorist past and present, US politicians would meet with him, showering upon him accolades, praise, and continued political and military support. Among these politicians were US Senators John McCain and Lindsey Graham who met and literally shook Belhaj’s hand while standing upon the ruins of Libya.

That McCain and Graham are both Republicans supporting terrorism, alongside a Democrat US President also allegedly supporting terrorism, illustrates perfectly that special interests own and control both sides of the political aisle, using opposing rhetoric to appeal members on either side, while both sides carry forward the exact same agenda.

More recently, US news sources claimed Belhaj was now leading Libya’s branch of ISIS. The Washington Times would report in an article titled, “U.S. backed rebel reportedly leads Islamic State in Libya,” that:

Major news out of Libya as Abdelhakim Belhadj, the former head of the al Qaeda-linked Libyan Islamic Fighting Group, and a major player in the U.S.-backed overthrow of Moammar Gadhafi, has reportedly joined the Islamic State and is leading its forces there. This according to The Blaze National Security journalist Sara Carter on Twitter, and Fox News’ Catherine Herridge in a Fox News report.

Western news sources had reported as early as November of last year that many of the so-called “rebels” in Libya had begun forming under the banner of ISIS. CNN in an article titled, “ISIS comes to Libya,” claimed:

The black flag of ISIS flies over government buildings. Police cars carry the group’s insignia. The local football stadium is used for public executions. A town in Syria or Iraq? No. A city on the coast of the Mediterranean, in Libya.

Fighters loyal to the Islamic State in Iraq and Syria are now in complete control of the city of Derna, population of about 100,000, not far from the Egyptian border and just about 200 miles from the southern shores of the European Union. The fighters are taking advantage of political chaos to rapidly expand their presence westwards along the coast, Libyan sources tell CNN.This means that US politicians served a direct role in propping up ISIS in Libya, whether they claim it was incidental rather than intentional – a cautionary tale to be told as these very same politicians attempt a repeat performance in Syria and beyond.
The rebranding of NATO’s terrorist proxies in Libya and attempts to literally back and arm Al Qaeda’s Nusra front in Syria portend an impending conflict of a scale yet to be seen – one involving Libya’s neighbor Egypt, and Syria’s neighbor, Iran.

The “Cataclysmic Conflict” Yet to Come 

Egypt narrowly escaped subjugation by the West through the very same Muslim Brotherhood networks used to destabilize and destroy Syria. After initially bending to the sociopolitical currents unleashed by the 2011 “Arab Spring,” the Egyptian military sprung back, ejecting the Muslim Brotherhood from power amid a military coup.

Egypt’s new military-led government moved with merciless lighting speed in suppressing the Muslim Brotherhood domestically. Hundreds of Muslim Brotherhood members, including leaders have been rounded up, tried, and sentenced to death. The military-led government has exhibited zero tolerance both for militant groups within their borders, and street demonstrations agitated by US NGOs and used for cover behind which militants operate.

3-7-2015 3-17-09 PM

All of this was carried out, as drastic as many of the measures may seem, with the intention ofsparing Egypt the same protracted conflict Syria is now suffering.

The failure of the West’s “Arab Spring” putsch with the fall of the Muslim Brotherhood, and its subsequent inability to stoke sufficient unrest from within Egypt’s borders has led to the sudden and convenient conjuring of ISIS in neighboring Libya. Already, heinous acts of barbarity have been carried out against Egyptian citizens residing in Libya for the sole purpose of stoking sectarian flames within Egypt’s borders.

Egypt has responded by supporting military factions in Libya fighting Belhaj’s sectarian extremists, now operating under the banner of ISIS. Egypt has also conducted airstrikes on Libyan territory itself.  As NATO’s proxies commit to ever bolder acts of provocation, the conflict is set only to expand.

What is to come, and the purpose of unveiling ISIS in Libya, is a torrent of terrorism and militancy, backed by NATO, aimed directly at the Egyptian military and – if possible – into the heart of Egypt itself.

Egypt, with a population of over 80 million people, if made to suffer the same sort of protracted conflict Syria is now suffering at the hands of Western backed terrorists, would cost an immeasurable loss in life and destabilize not only both North Africa and the Middle East – across which Egypt’s sphere of influence lies – but also endanger international shipping through the Suez Canal and threaten Europe with an influx of refugees fleeing what would be a war zone of unprecedented modern day dimensions.

3-7-2015 3-18-07 PM

Either as part of a strategy to destabilize and destroy Egypt, or to excise from Cairo geopolitical concessions including the abandonment of Syria as well as Egypt’s backing amid increasing hostilities toward Iran, the West’s use of ISIS in Libya is yet another manifestation of what veteran journalist Seymour Hersh warned about in his 2007 report.

ISIS will form the foundation of a regional mercenary force aimed conveniently at the hearts of each and every one of Wall Street and Washington’s enemies, while suspiciously, ISIS spares all of the West’s allies.

The ongoing violence in Libya and Syria is only the beginning. Should Egypt and Iran be mired in the same widespread violence, fueled by billions upon billions in cash, equipment, and weapons flowing from all corners of the Earth into the region, the “cataclysmic conflict” warned about in 2007 will finally come to pass.

3-7-2015 3-19-07 PM

It will not end in the Middle East. If successful in establishing hegemony there, the chaos will spread to all corners of the globe. First to southern Russia and western China, then beyond. The question of whether or not one will eventually be affected by this conflict is not a matter of if, but a matter of when.

Uprooting the Conspirators 

This is not “Obama’s” war. Nor is this a “Republican” or “Neo-Con” war. This is a war for global hegemony waged by the corporations, banks, and institutions upon Wall Street and in Washington that transcend elections and own parties on all sides and in all corners of the current, prevailing political paradigm. Appealing to a political party controlled by these interests is the very definition of futile.

3-7-2015 3-20-13 PM

ImageGrowing your own food locally can be profitable and satisfying. It is also one of several means of localization with which to undermine and redistribute the immense concentration of unwarranted power and influence enjoyed by the corporate-financier interests driving chaos globally. 

In order to undermine and uproot these special interests, these corporations, banks, and institutions must be replaced by local alternatives – on a national level around the planet, and on a provincial, state, and local level within each nation.

It is not merely “Walmart,” “Pepsi,” or “Exxon” themselves as corporations, but rather the concentration of power, wealth, and influence these corporations collectively represent. Often it is the same board members and financial interests holding stakes in each corporation, and it is this handful of shareholders that in turn, fund policy think tanks behind policy papers engineering wars of aggression, including the current proxy war being waged through “ISIS” and “Al Qaeda.”

3-7-2015 3-21-22 PM

Decentralizing these vast monopolies through the creation and proliferation of local alternatives will systematically undermine their capacity to wield the unwarranted power and influence they currently enjoy. Whether it is decentralizing big-retailbig-telecombig-pharma, or big-auto in general, or targeting specific monopolies like Facebook, there are already people working around the world to make this happen and simply need more people to leave the perpetual distractions and diversions of global politics, and begin paying into localization.

The alternative media has already proven the power of people turning from consumers and into producers, and the redistribution and balance of power and influence it creates. Imagine tackling all monopolies in a similar manner.

While the conflicts ravaging the Middle East and North Africa seem “remote,” the fact that similar chaos is now being sown by NATO on the doorstep of Europe in Ukraine, means that if left unchallenged, it is only a matter of time before these conflicts affect everyone directly, no matter where one lives. Rather than organizing protests or taking up arms in an impossible, fictional future battle against tyranny, decentralizing massive monopolies globally, and building up our communities locally is something we can begin doing today – with something as simple as planting a garden to first reduce our dependency on big-agriculture.   In the near future, these activities could become profitable, and before that, certainly satisfying and constructive.

We have nothing to lose by trying, and everything to lose if we don’t.

 Tony Cartalucci’s articles have appeared on many alternative media websites, including his own at

Land Destroyer ReportAlternative Thai News Network and LocalOrg. Read other contributed articles by Tony Cartalucci here.

PCR Interviewed by pravda.ru about America History Curriculum

 

PCR Interviewed by pravda.ru about the attempt by the Advanced Placement History Curriculum to introduce some honesty into the teaching of US history

http://www.paulcraigroberts.org/2014/10/03/pcr-interviewed-pravda-ru-attempt-advanced-placement-history-curriculum-introduce-honesty-teaching-us-history/

By PCR & pravda.ru editor

The tendency of US history textbooks is to justify any US atrocity from the point of view of the defense of US interests. “Exceptional” America is exempt from laws of morality applied to other countries.

Republicans are attempting to prevent the introduction of the Advanced Placement curriculum until the textbook can be “revised” in order to ensure that students are propagandized rather than informed.

The editors of pravda.ru asked PCR for his view of the matter. This is what he said:

“In my opinion, the Republican Party today and a majority of Americans who think of themselves as conservatives are not, in fact, traditional American conservatives.  They comprise a form of brownshirts who are intolerant of dissent and want to impose social control.  They support government instead of the Constitution, and they frown on civil liberty as a form of legal permissiveness that coddles criminals and terrorists.

“These so-called conservatives attribute the US defeat in Vietnam to student protests and to journalists who disputed Washington’s lies. They regard protests as a threat to the status quo, and not as a way to express public dissent from government policies.  Conservatives are for democracy only as long as they control behavior in the democracy.

“In the 1940s and 1950s public school courses such as history and literature were largely up to the individual teacher. Consequently, there was a lot of diversity in what was taught. As time passed, especially after the 1964 Civil Rights Act and school integration, courses became increasingly standardized, partly in order to judge school performance with standardized state or national testing, and partly, according to some, to ensure that minorities were not offended by course content.  The obvious consequence is that a form of national brainwashing was put in place that instilled in the young acceptable beliefs  about their country.

“For the so-called conservatives, any criticism of America is an unpatriotic act.  In the 21st century it has become increasingly difficult to protest in the US.  The former Director of Homeland Security, Janet Napolitano, declared that the new department had shifted its focus from terrorists to “domestic extremists,” a group she defined as war protesters, environmentalists, and animal rights advocates.  Indeed, a national police force called Homeland Security itself indicates an increasing concern with protecting those in control from dissent.

“The increasing gratuitous violence of police against members of the public is also an indication that there has been a fundamental shift in the position of the government in relation to the people.  The purpose of government in the US is not to serve the will of the people, but to conform the behavior of the people to the will of the government.

“The same thing appears to be the case in Australia, Canada, the UK, and Europe.  For example, in the UK, 99% of the people are opposed to fracking, but the government has ignored the people and permits fracking to take place under the homes of people without their consent.

“In the West, I think that the idea of democracy is dead.  Democracy is no longer a respected value.  Elections serve as a cloak to mask the death of democracy.”

http://english.pravda.ru/world/americas/01-10-2014/128658-american_history_exceptionalism-0/

2-6-2015 10-13-51 AM

LESSONS FROM THE BEGINNING (III)

March 6th, 2015 by

montezumaconstitution@gmail.com

 By Michael Gaddy

(Authors note: Several readers have asked about the importance of covering the fact Madison, Hamilton and others were pushing a nationalist form of government. This information is critical because the nationalist/monarchial form of government that was introduced and supported by Madison, Hamilton and others was repeatedly defeated, both in the Constitutional Convention of 1787 and the subsequent State Ratifying Conventions. Unfortunately, what our founders intended, a Republic, has long since been abandoned for the nationalist form of government the majority opposed. In fact, our government has morphed into a National Socialist form of government not ideologically different than the National Socialist government of Germany in the 30’s and 40’s.)

Regardless of how many times you read it, or how many revisionist court historians write it, there is absolutely no evidence available which indicates there was a groundswell of support among the people for abandoning the Articles of Confederation.

 Where might one go to discover the truth of my allegation? Why not to the words of the man who most wanted to change the limitations of the Articles to a form of government much more to his liking; a monarchy, and failing that, a strong centralized national government: Alexander Hamilton. Here it is in his words.

Men of intelligence, discovered the feebleness of the structure, [Articles of Confederation] but the great body of the people, too much engrossed with their distresses to contemplate any but the immediate causes of them, were ignorant of the defects of their Constitution.”

Patrick Henry of Virginia saw through the deception; he did not believe the Articles were weak. Speaking on the subject he said:

“The Confederation; this same despised Government, merits, in my opinion, the highest encomium: it carried us through a long and dangerous war. It rendered us victorious in that bloody conflict with a powerful nation: it has secured us a territory greater than any Monarch possesses. And a government which has been thus strong and vigorous be accused of imbecility and abandoned for a want of energy…Why then tell us dangers to terrify us into an adoption of this new Government? And yet who knows the dangers this new system may produce; they are out of sight of the common people. It is for them I fear the adoption of this new system. Sir, it is the fortune of a free people, not to be intimidated by imaginary dangers. Fear is the passion of slaves.”

We know that the framers of the Articles of Confederation had included the following in Article II of our first Constitution.

“Each state retains its sovereignty, freedom, and independence, and every power, jurisdiction, and right, which is not by this Confederation expressly delegated to the United States, in Congress assembled.”

This was one of the conditions present in the Articles that the nationalist/monarchists knew they had to eliminate. The nationalist/monarchist did not want to contend with the ideas, questions and objections from 13 different colonies, but instead wanted to have one people in aggregate (a nation) controlled by a central all-powerful form of government, which they would lead. This would leave the states having very little to no voice in how they would be governed. Is any of this beginning to sound familiar?

The states, “retaining their sovereignty, freedom and independence” from the control of “men of intelligence” as Hamilton had described himself and his cronies, would have as their government a confederated republic, the complete antithesis of a nationalist form of government. In addition, none of the “men of intelligence” wanted a government that would be limited to those powers which would be “expressly delegated” through the “consent of the governed.”

Again, understanding the difference between “expressly delegated” powers and “granted” powers is to understand the crucial difference in tyranny and limited, representative government. Expressly delegated means there is little to no room for “interpretation” by government employees and bureaucrats and clearly defines the intent of our founders.

It is of the highest importance that one understands that the federal government, in the Articles of Confederation, could operate only on the states; it had no control or power over individuals.

If an egregious or tyrannical law was passed by the federal government, the state had the ability to simply ignore it. The federal government could not arrest or imprison a state. Therefore, the “intelligent men” in Hamilton’s view realized they must have a national form of government that could and would act on the individual.

I believe this to be the very first confrontation between nationalists and advocates of State’s Rights, a battle that would surface again in the 1830’s with Justice Joseph Story and Senator Daniel Webster on the side of nationalism and Senator John C. Calhoun on the side of State’s Rights. (This battle of words and ideas will be covered later in our studies) This battle of ideas would eventually lead to an open, bloody war in 1861; a war that would take the lives of over 700,000 individuals and permanently install a nationalist form of government in our country.

Every malady and malaise that faces us in our country today can be traced to the implementation of nationalism instead of a strict adherence to the rights of the people of a state to nullify acts of government. Ah, but ignorance reigns supreme, for on any given day you can find a group of people somewhere, who mistakenly believe they are being “patriotic,” robotically pledging allegiance to “One nation…indivisible” a phrase written by a national socialist.

It is also of importance that when the Constitutional Convention of 1787 opened in May of that year, a time when representatives of only 6 states were in attendance, the first resolution adopted stated, “a national government ought to be established.” Again, to confirm that the idea of a national form of government was repeatedly voted down in the Constitutional Convention of 1787, once representatives from other states had arrived, the record of the proceedings as recorded by Robert Yates, delegate from New York, commonly known as “Yates Minutes,” stated the following:

“Ellsworth. [Oliver Ellsworth, delegate from Connecticut] I propose, and therefore move, to expunge the word ‘national’ in the first resolve, and to place in the room of it, government of the United States,’ which was agreed to nem con.”

Hopefully, this session has clearly illustrated that our current form of government which is totally nationalist in nature, though it was proposed and supported by several of our founders who declared themselves to be “intelligent men,” is not the form of government favored by the majority of our founders and ratified by the several states.

To be continued.

In Liberty

Mike

 COMPARE THE INFO IN THESE LINKS TO WHAT YOU WERE TOLD

AMERICA WAS IN THE BEGINNING.

THE RUTHERFORD REPORT

http://us4.campaign-archive1.com/?u=f6eb78f457b7b82887b643445&id=27bd5c2b8d&e=84f74f6a6a

IN THE COURTS

Supreme Court Gives Tacit Approval for Government to Take Anybody’s DNA

RESISTANCE

How I Requested My Photographs from the Department of Homeland Security

FURTHER READING

Why the Rise of Fascism Is Again the Issue
The School-to-Prison Pipeline Starts in Preschool
Has Britain’s Government Reached a Totalitarian ‘Point of No Return’?

WAR ON KIDS, FAMILY

Detroit Parents Receive Letter Warning Children Could Be Suspended
A Court Put a 9-Year-Old in Shackles for Stealing Chewing Gum
Family Suing Police After 17-Year-old Girl Shot Execution Style By Police While Kneeling Down

SURVEILLANCE & TECHNOLOGY

Activist Post: Google Gives New Meaning to “Orwellian”

The Government Duped Us On Net Neutrality. And Now We Pay The Price.

Apple Watch Will Replace Your Car Keys

Senator Asks FCC To Explain Its Involvement In The Proliferation Of Stingray Devices

What Will Happen When the Internet of Things Becomes Artificially Intelligent?

AMERICAN POLICE STATE

Private Police Carry Guns and Make Arrests, and Their Ranks Are Swelling

Californians Turn to Private Security to Police Pot Country

The New Pinkertons: Private Security Outfit Raids Pot Farms In California

Private Police Forces Are Growing Under DHS

NSA Spying Program Renewed Ahead of Congressional Showdown

States Predict Inmates’ Future Crimes with Secretive Surveys

Chicagoans Detail Abusive Confinement Inside Homan Square Police ‘Black Site’ 

Feds Raid Texas Political Meeting; Fingerprint and Photograph All Attendees, Seize Phones

In Georgia, a Traffic Ticket Can Land You in the Slammer

Florida Sheriffs Threaten to Illegally Arrest Citizens if They Try to Exercise Constitutional Rights

POLICE MISCONDUCT

Police Caught On Video Pushing Boy’s Face Into Snow, Kneeing Him In Spine

Cop Slams 22-Yr-Old Girl’s Head Into Concrete, Shattering Her Teeth, After She Crossed the Street 

Police Shoot Unarmed African American Mother and Infant

Officer Attacks 10-Year Old Child, Breaks Child’s Leg for Filming Cops

Cop Shoots 70-Year-Old Vietnam Veteran in the Stomach for Reaching for Cane

Tanisha Anderson Was Literally Praying For Help As Cops Held Her Down and Killed Her

Police Use an AR-15 To Shoot And Kill Pregnant Woman

San Francisco Police Officer Hits, Kicks Homeless Man Who Slept On Bus

2-6-2015 10-13-51 AM

 

 

 

 

 

Mainstream globalist propaganda reveals East/West conflict is a farce (Update 1)

March 2nd, 2015 by

http://redefininggod.com/2014/09/mainstream-

globalist-propaganda-reveals-eastwest-conflict-is-a-farce/

For anyone who might still believe that the US/NATO versus Russia/BRICS geopolitical confrontation is real

here is a little blast from the past

3-2-2015 7-09-15 AM

It is the cover from the January 9, 1988 issue of The Economist magazine. Note the phoenix rising from the ashes of burning national currencies, including the dollar.

The cover relates to an article on pages 9-10 titled Get ready for the phoenix, which foretold the financial drama we are now watching unfold in real time. Upon stumbling across them, I found the cover art and the article so striking that I thought they might be an online forgery, so I verified their authenticity with a research librarian at the Newspaper and Current Periodical Room of the Library of Congress. Both the cover and the article are quite real. Here are some excerpts (not necessarily in the order in which they appear in the article)…

>>> THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favoured by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century…

The phoenix would probably start as a cocktail of national currencies, just as the Special Drawing Right is today. In time, though, its value against national currencies would cease to matter, because people would choose it for its convenience and the stability of its purchasing power

The phoenix zone would impose tight constraints on national governments.There would be no such thing, for instance, as a national monetary policy. The world phoenix supply would be fixed by a new central bank, descended perhaps from the IMF

…Governments are far from ready to subordinate their domestic objectives to the goal of international stability. Several more big exchange-rate upsets, a few more stockmarket crashes and probably a slump or two will be needed before politicians are willing to face squarely up to that choice

Pencil in the phoenix for around 2018, and welcome it when it comes. <<<

It’s all there: the SDR “cocktail” (basket) of currencies, the IMF’s central role, and the need to create “exchange rate upsets, stockmarket crashes, and economic slumps” to make the public accept it. Seeing such an accurate forecast/blueprint, one wonders who was behind its publishing. So if we look into The Economistmagazine, we find it is headquartered just a few blocks from the City of London and is owned by The Economist Group, which itself is owned by some rather interesting characters…

“The Economist Group is 50% owned by Pearson PLC via The Financial Times Limited. The bulk of the remaining shares are held by individual shareholders including theCadbury, Rothschild, Schroder, Agnelli and other family interests as well as a number of staff and former staff shareholders.”

Beyond the Rothschild and Agnelli families, who are widely rumored to be part of the Illuminati, the Schroder family is particularly worth noting. The Schroders(also spelled Schroeder) are an old German ruling class family from Hamburg. One of the Schroder brood, Johann Heinrich Schroder, settled in London and founded J. Henry Schroder & Co. (now known simply as “Schroders,” one of the UKs largest investment banks) back in 1818. Later, in 1923, the firm expanded into New York by establishing J. Henry Schroder Banking Corporation. It is here that they joined with the Rockefeller family through Avery Rockefeller.

According to Avery’s bio…

“In 1928, Rockefeller joined the storied J. Henry Schroder Banking Corporation and became Assistant Treasurer in 1931. On 8 July 1936, Rockefeller co-founded Schroder, Rockefeller & Co., Inc. Its purpose was to take over the underwriting and general securities business formerly carried out by the J. Henry Schroder Banking Corporation.”

Schroder, Rockefeller & Co. is widely viewed as having been an integral part of the globalist bankers’ financial support infrastructure for the Nazis. And another of the Schroders, Johann Heinrich’s great-grandsonBaron Kurt von Schroeder(shown here in his Nuremberg picture)…

…played a pivotal role..

3-2-2015 7-10-57 AM

“Schroeder was an important member of the Freundeskreis der Wirtschaft, which provided Adolf Hitler and his party with enough financial support to survive through the early 1930s. He also hosted a critical meeting on 4 January 1933 between Papen and Hitler that eventually led to Hitler’s appointment as Chancellor of Germany.”

The Nazis had (and continue to have) deep ties to the Anglo-American banking establishment, and also to The Economist. So this article came from a publication connected to the supposed “Nazi/Zionist Cabal.” Keep this in mind as we take a look at what that Cabal’s supposed enemies, the Chinese, are saying about the currently-unfolding global financial drama.

The Blueprint Revealed

I recently ran across a China Daily article titled Bracing for next big financial crisis, written by Giles Chance (a former World Bank staffer who is a professor at the Guanghua School of Management at Peking University). I strongly recommend following the link and reading the entire article, because it succinctly lays out the globalist plans and talking points for the next economic crisis. Once you correct for the article’s spin, it tells you everything. Here are some select passages, with my commentary added in brackets…

>>> Above the central banks, including the PBOC [People’s Bank of China], stands the Bank of International Settlements in Basel, Switzerland, which oversees the activities of national banking and monetary systems. The integration of markets and economies in a globalized world has given the BIS an increasingly important role in providing global financial stability… <<<

[So here we have a Chinese propaganda organ telling us that the BIS is in charge of all the central banks, including China’s. This is in spite of the fact that the BIS was a joint creation of the London bankers and the Nazis (who are supposedly the bad guys the BRICS are fighting). I will share more about the BIS later in the article.]

>>> In 2007, the year before the financial crash, the BIS warned that the global financial system was becoming overstretched and that the banking systems in the developed world were coming under pressure. But although the BIS has great influence, it does not have the power to compel any central bank. It can advise and warn, but it cannot give orders, and it does not issue its own money. As we know, the Federal Reserve Bank of New York and the European Central Bank in Brussels did not act on the well-timed warning from the BIS. <<<

[This passage establishes the BIS’s wisdom and foresight, as opposed to the foolishness of the national central banks. It also carries the implication that the BIS should be given the power to compel the national central banks to follow its wise guidance. Not mentioned is the fact that the financial crash was deliberately triggered by the very bankers he’s writing about, and that the foolishness of the national central banks’ responses was quite calculated. It allowed the banksters to harvest enormous wealth from the public and set up the pretext for the global institutions to step in and “provide stability.”]

>>> Against that background, you would expect today that if the BIS issued another warning, the world would pay attention. At the end of June, BIS General Manager Jaime Caruana gave a speech at its headquarters that contained a strong note of caution: “A new policy compass is needed to help the global economy step out of the shadow of the global financial crisis…” <<<

[By  “a new policy compass,” he means a transition from the current dollar-based global financial system to the new, more centralized SDR-based multipolar/multilateral financial system]

>>> In his speech, Caruana blamed the continued dependence by the advanced economies, led by the United States, on ultra-loose monetary policy in place of the necessary deep-seated structural changes. <<<

[Here, he’s setting up the Federal Reserve (and the EU and Japan) to take the blame.]

>>> Caruana’s warning was reinforced by William White, head of the Economic Review and Development Committee at the headquarters of the Organization for Economic Co-operation and Development in Paris. As one of the very few experts who accurately forecast the 2008 crash, while head of research at the BIS, White is listened to with respect around the world.

In a recent interview, he said: “Riskfree bond rates are at enormously low levels, spreads are very low … it all looks and feels like 2007. And frankly, I think it’s worse than 2007…” <<<

[Here, another “wise” person from the BIS is warning that we’re approaching another financial crisis (that he and his buddies are engineering). It’s pretty easy to be a forecaster when you’re in on the plan. So if this year looks and feels like 2007, will next year be the next 2008?]

>>> But the US Federal Reserve Bank, the controller of the dollar-based global economy, does not agree with the BIS or William White. Several days after Caruana’s speech, Fed Governor Janet Yellen made it clear that she does not think thatextremely low interest rates were the main culprit in the 2008 financial crisis, nor constitute the main problem now. <<<

[This is a very instructive passage. Note how the author specifically mentions the “dollar-based global economy.” Also note how he again paints the Federal Reserve as the morons who won’t listen to the sage globalists at the BIS. In this, he is setting up Janet Yellen for her upcoming scapegoat role, and he is tying interest rates to what will bring her down. The author says all this while failing to disclose that Janet Yellen is a member of the Board of Directors of the BIS, as is PBOC governor Zhou Xiaochuan]

>>> The disagreement between these two powerful financial institutions, the BIS and the New York Federal Reserve, has increased the risk that markets will crash as interest rates rise. Can China’s stability withstand another financial crash? Or would China emerge stronger? <<<

[Bingo! Here we are shown the trigger for the next financial crisis: Yellen will raise interest rates either “too soon” or by “too much” and crash the markets. “If only the wise BIS had had the power to rein in the Fed’s foolishness sooner, we could have avoided this,” they’ll say.  Now let’s read on and see if China will emerge stronger.]

>>> China certainly has economic problems… But the forward-looking, courageous determination of its government to grasp some important nettles in its economic reform program will make it a key part of any solution to another Western financial crisis. <<<

[Here, the author does the requisite ass-kissing to his Chinese hosts, then boldly states that China will be “a key part of any solution to another Western financial crisis.” Solution, as in problem – reaction – solution. And the article has already shown us who caused the problem part of the equation: the unruly Western central banks, especially the Fed.]

>>> With the BIS and the US Federal Reserve Bank on opposite sides of the fence about global financial stability, the likelihood of another global financial crisis grows. But next time would indeed be different, because Western taxpayers would refuse to pay for another huge bank bailout, as they did in 2008-09. <<<

[So again, in case you missed it: BIS = good = wise = solution and US Federal Reserve Bank = bad = problem = another global financial crisis.]

>>> The emerging world, led by China, is economically in a much stronger position relative to the advanced countries than six years ago. Although in 2009 China may not have expected its sudden promotion to world power status, the country’s emergence since the crash as a global pillar of growth has significantly increased its global influence. <<<

[China didn’t expect its promotion to world power status? Au contraire, they knew it was coming because the globalists promised it to them, just like they promised what comes next…]

>>> Another crash on Wall Street would reinforce the attraction of the renminbi as a store of value and anchor of stability for other regional currencies

It would underpin China’s global appeal as a peaceful force for stability in a volatile and troubled world, and hasten the re-engineering of shareholding in the major organizations of global governance, particularly at the World Bank and the IMF. Prepared or not, in the event of another crash China would find itself in a position of even greater global leadership and responsibility than today. <<<

[So here we are told that the next crash will be China’s gateway to top dog status, and it will “hasten the re-engineering of shareholding in the major organizations of global governance, particularly at the World Bank and the IMF.” This is exactly what I’ve been warning about. When the next crash comes, watch them break out their gold and other commodities to underwrite the global financial system in exchange for the governance changes.]

Now that we are done de-spinning the article, there are two things it brings up that deserve to be examined: the BIS and the Fed’s raising of interest rates…

The Bank for International Settlements (BIS)

This is the cover art for the BIS Archive Guide

3-2-2015 7-14-35 AM

…It proudly features Montagu Norman (the Bank of England Governor from 1920-1944, circled in pink) and Hjalmar Schacht (the President of the Reichsbank from 1923-31 and 1933-39, and Hitler’s Economics Minister from 1934 – 1937, circled in red). You’ll hear more about these two a little later in the article. But first, let’s have a look at a little piece of BIS history

>>> Between 1933 and 1945 the BIS board of directors included Walther Funk, a prominent Nazi official, and Emil Puhl, who were both convicted of war crimes at the Nuremberg trials after World War II, as well as Hermann Schmitz, the director of IG Farben, and Baron [Kurt] von Schroeder, the owner of the J.H.Stein Bank, which held the deposits of the Gestapo. There were allegations that the BIS had helped the Germans loot assets from occupied countries during World War II.

As a result of these allegations, at the Bretton Woods Conference held in July 1944, Norway proposed the “liquidation of the Bank for International Settlements at the earliest possible moment”. This resulted in the BIS being the subject of a disagreement between the American and British delegations. The liquidation of the bank was supported by other European delegates, as well as the United States (including Harry Dexter White, Secretary of the Treasury, and Henry Morgenthau), but opposed by John Maynard Keynes, head of the British delegation.

Fearing that the BIS would be dissolved by President Franklin Delano Roosevelt, Keynes went to Morgenthau hoping to prevent the dissolution, or have it postponed, but the next day the dissolution of the BIS was approved. However, the liquidation of the bank was never actually undertaken. In April 1945, the new U.S. president Harry S. Truman and the British government suspended the dissolution, and the decision to liquidate the BIS was officially reversed in 1948. <<<

So why were the British bankers so opposed to shutting down a bank with strong Nazi ties, you ask? Well, have a look at this UK Telegraph article (use this Internet Archive link if the direct link isn’t working)…

3-2-2015 7-17-17 AM

I recommend reading the whole article, as it contains more juicy information than I can include in this post. Here are the most relevant excerpts for the topic at hand (with my comments in brackets)…

>>> The BIS was founded in 1930, in effect by Montagu Norman and his close friend Hjalmar Schacht, the former president of the Reichsbank, known as the father of the Nazi economic miracle. Schacht even referred to the BIS as “my” bank. The BIS is a unique hybrid: a commercial bank protected by international treaty. Its assets can never be seized, even in times of war. It pays no taxes on profits…

A key sentence in the Bank of England documents is found on page 1,295. It reads:“The general attitude of the Bank of England directors of the BIS during the war was governed by their anxiety to keep the BIS to play its part in the solution of post-war problems” [the bankers created the problem (World War 2), and they used the BIS to institute their solution (more centralized control of the world’s financial systems)]

…And here the secret history of the BIS and its strong relationship with the Bank of England becomes ever more murky.

During the war the BIS proclaimed that it was neutral, a view supported by the Bank of England. In fact the BIS was so entwined with the Nazi economy that it helped keep the Third Reich in business. It carried out foreign exchange deals for the Reichsbank; it accepted looted Nazi gold; it recognised the puppet regimes installed in occupied countries, which, together with the Third Reich, soon controlled the majority of the bank’s shares.

Indeed, the BIS was so useful for the Nazis that Emil Puhl, the vice-president of the Reichsbank and BIS director, referred to the BIS as the Reichsbank’s only “foreign branch”…

Every other month it hosts the Global Economy Meetings, where 60 of the most powerful central bankers, including Mark Carney, Governor of the Bank of England, meet. No details of meetings are released, even though the attendees are public servants, charged with managing national economies.

The BIS also hosts the Basel Committee on Banking Supervision, which regulates commercial banks, and the new Financial Stability Board, which coordinates national regulatory authorities. The BIS has made itself the central pillar of the global financial system. <<<

Speaking of these Global Economy Meetings, guess who attends them? According to the BIS website

“The GEM comprises the Governors of 30 BIS member central banks in major advanced and emerging market economies that account for about four fifths of global GDP. The members of the GEM are the central bank Governors from Argentina, Australia, Belgium, Brazil, Canada, China, France, Germany, Hong Kong SAR, India, Indonesia, Italy, Japan, Korea, Malaysia, Mexico, the Netherlands, Poland, Russia, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, the United Kingdom and the United States and also the President of the European Central Bank and the President of the Federal Reserve Bank of New York. Governors from several other central banks attend the GEM as observers.”

So as you can see, beyond the public theater offered in Ukraine and the Middle East, and beyond all the East versus West propaganda offered in the mainstream and alternative media, China and the BRICS are dancing to the tune of the BIS puppetmasters just like everyone else. There is NO CONFLICT between “Nazi/Zionist” transatlantic bankers and BRICS bankers. In fact, Chinese and Russian banks (along with everyone else) are in the process of implementing the Basel 3 bank reforms put out by the Basel Committee on Banking Supervision, which is hosted by the BIS.

According to this China Daily article

Under China’s implementation of Basel III guidelines, systemically important banks need a minimum Tier 1 capital ratio of 9.5 percent, with total buffers of 11.5 percent, before the end of 2018.”

…and according to this Russia Today article

Basel III – a new set of global banking standards scheduled to come into force in Russia this year – should become another stimulus for the country’s lenders to rely on its own funds rather than State support. One of the key Basel III requirements is tighter rules for a banks’ own capital.”

The whole East versus West propaganda campaign is aimed at giving the hypnotized public a fairytale storyline for all the changes they’re going through. It also offers them scapegoats on whom they can pin all their problems. The international bankers are going to crash the current system and blame it on the Federal Reserve, then they’re going to introduce the BRICS as the heroes who save the day.

In fact, part of the purpose for the recent creation of the BRICS Bank is to give the BRICS a lifeboat while the West founders from the crash. The BRICS Contingent Reserve Arrangement

“is a framework for the provision of support through liquidity and precautionary instruments in response to actual or potential short-term balance of payments pressures.

The objective of this reserve is to provide protection against global liquidity pressures. This includes currency issues where members’ national currencies are being adversely affected by global financial pressures.

The Bank would also provide assistance to other countries suffering from the economic volatility in the wake of the United States’ exit from its expansionary monetary policy.

All this being said, when will the crash begin, and how long will it last? Given that the last crash lasted from 2007-2009 and contained a shocking “Lehman Moment,” it stands to reason that the next crash would also be a slow-motion train wreck with an even more shocking Lehman Moment. If the propaganda setup for the collapse is any indicator, the train wreck and New Lehman Moment will involve the raising of the Fed interest rate by Janet Yellen and perhaps a black swan event like a false-flag cyberattack or terrorist attack.

Looking at the interest rate component, the Fed will be meeting this Tuesday and Wednesday (September 16-17), and that could give us an indication of when things might kick off. The general consensus of the Fed watchers seems to be that interest rates will go up starting in the summer of 2015, with some estimates saying as early as March 2015. Will this start the train wreck? And since the BRICS bank isn’t scheduled to start lending until 2016, the New Lehman might not happen till then. But then again, they can always surprise us.

[Update 1 – Will be published tomorrow

2-6-2015 10-13-51 AM

FINANCIAL REPRESSION TIMELINE – NEAR TERM

February 25th, 2015 by

http://www.gordontlong.com/Financial_Repression.htm

A Joint Initiative of GordonTLong.com and CliffKule.com

2-25-2015 8-27-06 AM

CURRENT FINANCIAL REPRESSION INITIATIVES

 

(MONEY MARKET FUND GATES (SEC REGULATIONS)

  • **FRA POST: Central-Planners Herd Money Market Funds Into Government Financing
  • **FRA POST: Fund managers now have the Legal Right to ‘suspend redemptions’ by the you on your Money Market Funds
  • “Redemption Gates” for Money Market Funds Acting Man —“The adoption of ‘redemption gates’ effectively means that money market fund boards will be able to suspend the property rights of their customers. Once again, this creates a big disadvantage for the money market fund industry in favor of banks, since demand deposits will continue to lack such ‘redemption gates’, in spite of the fact that banks are de facto unable to actually pay out all demand deposits, or even a large portion of them, ‘on demand’. It is an interesting detail that retail customers are to be exempt from this regulation based on the idea that they are basically too addled to react to crisis conditions. Why are such regulations held to be required at all? Are regulators implying that the system has not been ‘made safe’ by adopting several telephone book-sized tomes of additional regulations?”
  • SEC Votes Through Money Market Exit Gates Zero Hedge — the SEC has adopted the news rules designed to curb the risk of money market investor runs .. “Among the changes, funds will have to switch to a floating share price instead of the current $1/share (hence the term breaking the buck). But the key part: ‘The SEC’s rule will require prime money market funds to move from a stable $1 per share net asset value, to a floating NAV. It also will let fund boards lower redemption ‘gates’ and fees in times of market stress.” .. suggests this may send money market investor rushing out & into other asset classes – the SEC, the Federal Reserve & the U.S. Treasury hope that asset class is stocks to keep the stock market rising .. “Clearly, everyone understand that the only purpose behind implementing ‘gates’ is to redirect the herd. And with some $2.6 trillion in assets, money markets can serve as a convenient source of ‘forced buying’ now that QE is tapering if only for the time being. The only question is whether the herd will agree to this latest massive behavioral experiment by the Fed, and allocate their funds to a stock market which is now trading at a higher P/E multiple than during the last market peak.”
  • ALERT: Pull Your Money From Money Markets Now! Economic Policy Journal
  • U.S. SEC poised to adopt reforms for money market funds Reuters
  • Fund managers on alert over money market shake-up FT –The SEC is looking to drive money market funds to only government securities, especially institutional money market funds – this means money market funds will be helping to pay for the government debt ..  The SEC is also planning to allow fees and restrictions on redemptions in times of stress, but it is not clear how widely these will be applied across the money markets – FT: “Any restrictions on redemptions may not be severe at first, but the regulations will only become more restrictive over time. Don’t waste time thinking you are going to monitor the situation and get out later. Get out now, when the getting is easy.”

 Do you know the difference between a money market fund and a money market account? CNBC Personal Finance Reporter Sharon Epperson explains the big difference

BAIL-IN (GLOBAL – G20 LEGISLATION)

  • Australia: ‘Bail in’ Rules May Be Inevitable In Australia – August 22, 2014 Bail in’ rules may be inevitable, says David Murray of the Financial Systems Inquiry Chair in Australia .. “It appears there’s a wide consensus that bail-in would considerably expand the buffer, would further assist in the mechanisms for the protection of depositors, and importantly would create a system where it is less likely that the government would be dragged into a crisis.” .. Australia may have little choice but to adopt “bail-in” rules that expose bank creditors to losses, due to our dependence on foreign capital .. more financial repression.
  • Canada: Department Of Finance Releases Proposal For Canadian Bail-In Regime Canada’s government is looking to implement a bail-in regime to limit exposure to a government bailout – the idea is for troubled banks to shaft bank depositors of their bank deposits first .. “The G-20, including Canada, endorsed the Financial Stability Board’s Key Attributes of Effective Resolution Regimes for Financial Institutions in 2011, a set of best practices for the resolution of financial institutions which contemplates the establishment of a bail-in regime.”

2-25-2015 8-29-51 AM

PENSION CONTROLS

**FRA POST: Federal Reserve & Congress Talk “ENHANCED PRUDENTIAL STANDARDS”

CAPITAL CONTROLS (CASEY RESEARCH ON COMING CAPITAL CONTROLS)

**FRA POST: Indebted Governments Will Resort To Capital Controls

.

1: IMF Endorses Capital Controls

Bloomberg reported in December 2012 that the “IMF has endorsed the use of capital controls in certain circumstances.“ This is particularly important because the IMF, arguably an even more prominent institution since the global financial crisis started, has always had an official stance against capital controls. “In a reversal of its historic support for unrestricted flows of money across borders, the IMF said controls can be useful…” Will individual governments jump on this bandwagon? “It will be tacitly endorsed by a lot of central banks,”says Boston University professor Kevin Gallagher. If so, it could be more than just your home government that will clamp down on storing assets elsewhere.

2: There Is Academic Support for Capital Controls

Many mainstream economists support capital controls. For example, famed Harvard Economists Carmen Reinhart and Ken Rogoff wrote the following earlier this year:

Governments should consider taking a more eclectic range of economic measures than have been the norm over the past generation or two. The policies put in place so far, such as budgetary austerity, are little match for the size of the problem, and may make things worse. Instead, governments should take stronger action, much as rich economies did in past crises.

Aside from the dangerously foolish idea that reining in excessive government spending is a bad thing, Reinhart and Rogoff are saying that even more massive government intervention should be pursued. This opens the door to all kinds of dubious actions on the part of politicians, including—to my point today—capital controls.

“Ms. Reinhart and Mr. Rogoff suggest debt write-downs and ‘financial repression’, meaning the use of a combination of moderate inflation and constraints on the flow of capital to reduce debt burdens.” The Reinhart and Rogoff report basically signals to politicians that it’s not only acceptable but desirable to reduce their debts by restricting the flow of capital across borders. Such action would keep funds locked inside countries where said politicians can plunder them as they see fit.

3: Confiscation of Savings on the Rise

“So, what’s the big deal?” Some might think. “I live here, work here, shop here, spend here, and invest here. I don’t really need funds outside my country anyway!” Well, it’s self-evident that putting all of one’s eggs in any single basket, no matter how safe and sound that basket may seem, is risky—extremely risky in today’s financial climate. In addition, when it comes to capital controls, storing a little gold outside one’s home jurisdiction can help avoid one major calamity, a danger that is growing virtually everywhere in the world: the outright confiscation of people’s savings.

The IMF, in a report entitled “Taxing Times,” published in October of 2013, on page 49, states: “The sharp deterioration of the public finances in many countries has revived interest in a capital levy—a one-off tax on private wealth—as an exceptional measure to restore debt sustainability.”

The problem is debt. And now countries with higher debt levels are seeking to justify a tax on the wealth of private citizens. So, to skeptics regarding the value of international diversification, I would ask: Does the country you live in have a lot of debt? Is it unsustainable? If debt levels are dangerously high, the IMF says your politicians could repay it by taking some of your wealth.

The following quote sent shivers down my spine…

The appeal is that such a task, if implemented before avoidance is possible and there is a belief that is will never be repeated, does not distort behavior, and may be seen by some as fair. The conditions for success are strong, but also need to be weighed against the risks of the alternatives, which include repudiating public debt or inflating it away.

The IMF has made it clear that invoking a levy on your assets would have to be done before you have time to make other arrangements. There will be no advance notice. It will be fast, cold, and cruel. Notice also that one option is to simply inflate debt away. Given the amount of indebtedness in much of the world, inflation will certainly be part of the “solution,” with or without outright confiscation of your savings. (So make sure you own enough gold, and avoid government bonds like the plague.)

Further, the IMF has already studied how much the tax would have to be: The tax rates needed to bring down public debt to pre-crisis levels are sizable: reducing debt ratios to 2007 levels would require, for a sample of 15 euro area countries, a tax rate of about 10% on households with a positive net worth. Note that the criterion is not billionaire status, nor millionaire, nor even “comfortably well off.” The tax would apply to anyone with a positive net worth. And the 10% wealth-grab would, of course, be on top of regular income taxes, sales taxes, property taxes, etc.

4: We Like Pension Funds

Unfortunately, it’s not just savings. Carmen Reinhart (again) and M. Belén Sbrancia made the following suggestions in a 2011 paper:

Historically, periods of high indebtedness have been associated with a rising incidence of default or restructuring of public and private debts. A subtle type of debt restructuring takes the form of ‘financial repression.’ Financial repression includes directed lending to government by captive domestic audiences (such as pension funds), explicit or implicit caps on interest rates, regulation of cross-border capital movements, and (generally) a tighter connection between government and banks.

Yes, your retirement account is now a “captive domestic audience.” Are you ready to “lend” it to the government? “Directed” means “compulsory” in the above statement, and you may not have a choice if “regulation of cross-border capital movements”—capital controls—are instituted.

5: The Eurozone Sanctions Money-Grabs

Germany’s Bundesbank weighed in on this subject last January:

“Countries about to go bankrupt should draw on the private wealth of their citizens through a one-off capital levy before asking other states for help.”

The context here is that of Germans not wanting to have to pay for the mistakes of Italians, Greeks, Cypriots, or whatnot. Fair enough, but the “capital levy” prescription is still a confiscation of funds from individuals’ banks or brokerage accounts.

Here’s another statement that sent shivers down my spine:

A capital levy corresponds to the principle of national responsibility, according to which tax payers are responsible for their government’s obligations before solidarity of other states is required.

The central bank of the strongest economy in the European Union has explicitly stated that you are responsible for your country’s fiscal obligations—and would be even if you voted against them! No matter how financially reckless politicians have been, it is your duty to meet your country’s financial needs.

This view effectively nullifies all objections. It’s a clear warning.

And it’s not just the Germans. On February 12, 2014, Reuters reported on an EU commission document that states:

The savings of the European Union’s 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis.

Reuters reported that the Commission plans to request a draft law, “to mobilize more personal pension savings for long-term financing.”

EU officials are explicitly telling us that the pensions and savings of its citizens are fair game to meet the union’s financial needs. If you live in Europe, the writing is on the wall.

Actually, it’s already under way… Reuters recently reported that Spain has

…introduced a blanket taxation rate of .03% on all bank account deposits, in a move aimed at… generating revenues for the country’s cash-strapped autonomous communities.

The regulation, which could bring around 400 million euros ($546 million) to the state coffers based on total deposits worth 1.4 trillion euros, had been tipped as a possible sweetener for the regions days after tough deficit limits for this year and next were set by the central government.

Some may counter that since Spain has relatively low tax rates and the bail-in rate is small, this development is no big deal. I disagree: it establishes the principle, sets the precedent, and opens the door for other countries to pursue similar policies.

6: Canada Jumps on the Confiscation Bandwagon

You may recall this text from last year’s budget in Canada:

“The Government proposes to implement a bail-in regime for systemically important banks.”

A bail-in is what they call it when a government takes depositors’ money to plug a bank’s financial holes—just as was done in Cyprus last year.

This regime will be designed to ensure that, in the unlikely event a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital.

What’s a “bank liability”? Your deposits. How quickly could they do such a thing? They just told us: fast enough that you won’t have time to react.

By the way, the Canadian bail-in was approved on a national level just one week after the final decision was made for the Cyprus bail-in.

7: FATCA

Have you considered why the Foreign Account Tax Compliance Act was passed into law? It was supposed to crack down on tax evaders and collect unpaid tax revenue. However, it’s estimated that it will only generate $8.7 billion over 10 years, which equates to 0.18% of the current budget deficit. And that’s based on rosy government projections.

FATCA was snuck into the HIRE Act of 2010, with little notice or discussion. Since the law will raise negligible revenue, I think something else must be going on here. If you ask me, it’s about control.

In my opinion, the goal of FATCA is to keep US savers trapped in US banks and in the US dollar, in case the US wants to implement a Cyprus-like bail-in. Given the debt load in the US and given statements made by government officials, this seems like a reasonable conclusion to draw.

This is why I think that the institution of capital controls is a “when” question, not an “if” one. The momentum is clearly gaining steam for some form of capital controls being instituted in the near future. If you don’t internationalize, you must accept the risk that your assets will be confiscated, taxed, regulated, and/or inflated away.

What to Expect Going Forward

  • First, any announcement will probably not use the words “capital controls.”It will be couched positively, for the “greater good,” and words like “patriotic duty” will likely feature prominently in mainstream press and government press releases. If you try to transfer assets outside your country, you could be branded as a traitor or an enemy of the state, even among some in your own social circles.
  • Controls will likely occur suddenly and with no warning. When did Cyprus implement their bail-in scheme? On a Friday night after banks were closed. By the way, prior to the bail-in, citizens were told the Cypriot banks had “government guarantees” and were “well-regulated.” Those assurances were nothing but a cruel joke when lightning-fast confiscation was enacted.
  • Restrictions could last a long time. While many capital controls have been lifted in Cyprus, money transfers outside the country still require approval from the Central Bank—over a year after the bail-in.
  • They’ll probably be retroactive.Actually, remove the word “probably.” Plenty of laws in response to prior financial crises have been enacted retroactively. Any new fiscal or monetary emergency would provide easy justification to do so again. If capital controls or savings confiscations were instituted later this year, for example, they would likely be retroactive to January 1. For those who have not yet taken action, it could already be too late.
  • Social environment will be chaotic.If capital controls are instituted, it will be because we’re in some kind of economic crisis, which implies the social atmosphere will be rocky and perhaps even dangerous. We shouldn’t be surprised to see riots, as there would be great uncertainty and fear. That’s dangerous in its own right, but it’s also not the kind of environment in which to begin making arrangements.
  • Ban vs. levy. Imposing capital controls is a risky move for a government to make; even the most reckless politicians understand this. That won’t stop them, but it could make them act more subtly. For instance, they might not impose actual bans on moving money across borders, but instead place a levy on doing so. Say, a 50% levy? That would “encourage” funds to remain inside a given country. Why not 100%? You could be permitted to transfer $10,000 outside the country—but if the fee for doing so is $10,000, few will do it. Such verbal games allow politicians to claim they have not enacted capital controls and yet achieve the same effect. There are plenty of historical examples of countries doing this very thin

Keep in mind: Who will you complain to? If the government takes a portion of your assets, legally, who will you sue? You will have no recourse. And don’t expect anyone below your tax bracket to feel sorry for you.

2-25-2015 8-31-37 AM

POLICY CONTROLS (Monetary, Fiscal, Public & Tax Policy)

  • January 2015 Financial Repression – New IMF Paper on The Liquidation of Government Debt New IMF paper by Carmen Reinhart & M. Belen Sbrancia .. presents how public debt is often reduced through the use of financial repression – a tax on bondholders & savers via negative or below market real interest rates .. from abstract:High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers via negative or below-market real interest rates. After WWII, capital controls and regulatory restrictions created a captive audience for government debt .. Financial repression is most successful in liquidating debt when accompanied by inflation. For the advanced economies, real interest rates were ne gative ½ of the time during 1945–1980. Average annual interest expense savings for a 12—country sample range from about 1 to 5% of GDP for the full 1945–1980 period. We suggest that, once again, financial repression may be part of the toolkit deployed to cope with the most recent surge in public debt in advanced economies.”
  • October 2014 – Financial Repression is Very Low Interest Rates for a Very Long Time The 16th annual Geneva Report by the International Centre for Monetary and Banking Studies & written by senior economists including 3 former senior central bankers, predicts interest rates across the world will have to stay low for a “very, very long” time to enable households, companies, & governments to service their debts and avoid another crash .. The report’s authors expect interest rates to stay lower than market expectations because the rise in debt means that borrowers would be unable to withstand faster rate rises .. “Global debt-to-GDP is still growing, breaking new highs .. At the same time, in a poisonous combination, world growth and inflation are also lower than previously expected, also – though not only – as a legacy of the past crisis. Deleveraging and slower nominal growth are in many cases interacting in a vicious loop, with the latter making the deleveraging process harder and the former exacerbating the economic slowdown. Moreover, the global capacity to take on debt has been reduced through the combination of slower expansion in real output and lower inflation.” 
  • October 2014 – Financial Repression is the likely approach for Governments to pay down debt Great insightful article on financial repression by Daniel Amerman .. questions how the U.S. federal government can pay down its enormous debt .. sees 4 primary options that the government can take: 1) Decades of austerity with higher taxes and lower government spending. 2) Defaulting on government debts. 3) Inflating away the value of the debt through rapidly slashing the value of the currency. 4) Using “Financial Repression”, a process that is complex enough that the average voter never understands how it works, thus allowing governments to use this potent but subtle method of taking vast sums of private wealth, year after year, decade after decade, with almost no political consequences. The essay reminds readers the 4th option is the likely approach, points out the world took this approach in the 1940s through the 1970s to pay down government debt .. “Because of the sheer size of the problem – most of the population must be made to participate, year after year. Financial Repression therefore uses an assortment of carrots and sticks to ensure that investors have little choice but to participate – on a playing field that has been rigged against them as a matter of design – even if they are among the small minority who are aware of what is being done to them.”The essay covers 4 areas of financial repression: 1) Inflation (Shearing #1)  2) Negative Real Interest Rates (Shearing #2) 3) Funding By Financial Institutions (Fence #1). 4) Capital Controls (Fence #2). 
  • September 2014 – Governments Implementing Financial Repression International Man article on how western world indebted governments need money, how they will protect the big banks at the expense of the citizens with financial repression ..  The International Monetary Fund (IMF) published a horrifying paper, called The Fund’s Lending Framework and Sovereign Debt. That paper in turn was based on one from December 2013, called Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten .. The December 2013 document, right at the start, says that financial repression is necessary: “The claim is that advanced countries do not need to resort to the standard toolkit of emerging markets, including debt restructurings and conversions, higher inflation, capital controls and other forms of financial repression .. As we document, this claim is at odds with the historical track record of most advanced economies, where debt restructuring or conversions, financial repression, and a tolerance for higher inflation, or a combination of these were an integral part of the resolution of significant past debt overhangs.” .. The IMF report goes on to say: “Governments can stuff debt into local pension funds and insurance companies, forcing them through regulation to accept far lower rates of return than they might otherwise demand .. Domestic defaults, restructurings, or conversions are particularly difficult to document and can sometimes be disguised as ‘voluntary’ .. The Fund would be able to provide exceptional access on the basis of a debt operation that involves an extension of maturities .. That means that 30-day notes can be instantly turned into 30-year bonds.” – this last sentence means the ability to change 30-day notes into 30-year bonds, effectively holding the money captive for a much longer period of time
  • Monetary Policy & Financial Repression in Britain, 1951 – 59 New book coming out by William Allen on Monetary Policy and Financial Repression in Britain, 1951 – 59 .. this book explores the politics of formulating monetary policy in the 1950s, the tools implementing it & discusses the parallels between the present monetary policy & that of 1951 .. “Drawing on official archives, this study describes how monetary policy was decided on, implemented and communicated at a time when the government was struggling with massive post-war debts while maintaining welfare and military spending and cutting taxes. It discusses the roles of the Governor of the Bank of England, Cameron Cobbold, and of successive Chancellors R.A. Butler, Harold Macmillan, Peter Thorneycroft and Derick Heathcoat Amory, and Macmillan’s continued dominance of monetary policy after he became Prime Minister. It explains the intimate relationships between monetary policy, government debt management and fiscal policy, and the use of ‘financial repression’.”
  • Low Interest Rates & Inflation To Address Financial Repression Article points out the worse things get on the European financial/economic crisis, the more pressure there is on the European Central Bank (ECB) to print money – stocks will likely go up as this happens on the anticipation that the ECB will given in & start money printing .. “The ECB would print money and use it to buy eurozone government bonds, in order to prop up the region’s banking sector, and to encourage more risk-taking by lenders and investors. Of course, any hint of more money-printing always cheers the market, and European stocks reacted well to the news.” .. the article points to how U.S. & UK stocks have similarly reacted positively on all the money printing .. whether all this money is good for the economy or whether it even benefits the economy in any positive way is another question .. the article emphasizes the approach of financial repression taken by the U.S. & UK in keeping interest rates down & allowing inflation to rise in order to pay off some government debt via inflation, rather than by defaulting or cutting back spending .. most western world governments are in this bind, so that “we could see interest rates staying lower than markets expect for some time. And in the longer run, we could see a lot more inflation than we’ve been used to as well” .. in terms of investing, the article suggests sticking with countries that are looking to do more money printing & that have relatively inexpensive stock markets, such as Europe or Japan.
  • This Is Going To Destabilize The Entire World Financial System Ronald-Peter Stoferle, Incrementum AG “Bond prices in practically all industrialized nations are near all-time highs. Never before have interest rates been this low on a global basis. If one examines these events more closely, it becomes clear that the underlying problems cannot be solved by global zero interest rate policy, but that the natural selection process of the market is instead being undermined .. Interest rates are the heart, soul and life of the free enterprise system .. This truth is however veiled and distorted at the moment. Governments, financial institutions, entrepreneurs and consumers that are acting in an uneconomic manner are thus kept artificially afloat. As a result, instead of them being punished for their errors, these errors are perpetuated. Protraction of this process of selection leads to a structural weakening of the economy, and a concomitant increase in the system’s fragility .. Declining interest rate levels make a gradual increase in public indebtedness possible, while the interest burden (as a share of government spending) does not grow .. Without negative real interest rates, the steadily growing mountains of debt would long ago have ceased to be sustainable. Central banks are increasingly prisoners of the policy of over-indebtedness .. Central banks and governments are currently trying to create an increase in prosperity out of nothing. Such a monetary perpetuum mobile would be quite desirable for humankind, however, historically such attempts have at best led to a brief sugar high followed by a major hangover.
  • Alasdair Macleod On The Markets: Keep Calm & Carry On “Investment is now all about the trend and little else. You never have to value anything properly any more: just measure confidence. This approach to investing resonates with post-Keynesian economics and government planning. The expectations of the crowd, or its animal spirits, are now there to be managed. No longer is there the seemingly irrational behaviour of unfettered markets dominated by independent thinkers. Forward guidance is just the latest manifestation of this policy. It represents the triumph of economic management over the markets .. Doubtless there is a growing band of central bankers who believe that with this control they have finally discovered Keynes’s Holy Grail: the euthanasia of the rentier and his replacement by the state as the primary source of business capital. This being the case, last month’s dip in the markets will turn out to be just that, because intervention will simply continue and if necessary be ramped up .. But in the process, all market risk is being transferred from bonds, equities and all other financial assets into currencies themselves; and it is the outcome of their purchasing power that will prove to be the final judgement in the debate of markets versus economic planning.”
  • The Fed’s Financial Repression At Work: How Big Blue Was Turned Into A Wall Street Slush Fund David Stockman — “IBM is a poster child for the ill-effects of the Fed’s financial repression. In effect, the Fed’s zero interest rate policies are telling big companies to issue truckloads of debt and use the proceeds to buyback shares hand-over-fist. That way fast money speculators on Wall Street are appeased by the resulting share price lift, and top executives collect bigger winnings on their stock options.”
  • Time For Regime Change At The Eccles Building: Interest Rate Pegging Is Destroying Capitalism 07-13-14 David Stockman
  • BoJ To Engage In ‘Financial Repression'; We Stay Long USD/JPY – BNPP 07-11-14 eFX News “Japan now has one of the highest inflation rates in the G10. Our economists expect the BoJ to engage in ‘financial repression’ to restrain the rise in JGB yields that results from Japan’s fiscal dynamics,” BNPP says as a rationale behind this view. “A larger overshoot in Japan’s inflation rate would also see the yen weaken. If inflation gets out of hand, we could, our economists suggest, see an ‘operation twist’ policy in Japan – similar to that witnessed in the US. This would entail aggressive purchases of JGBs coupled with interest rate hikes to stave off inflation. The resultant inversion in the yield curve, along with the upside shock to inflation, is a risk scenario for Japan and the ensuing adverse growth-inflation paradigm would necessarily entail a weaker yen,” BNPP argues. “In addition, a re-allocation in the government pension investment fund (GPIF) and a likely pick-up in Japanese outflows will mean JPY weakens,” BNPP adds.
  • Expropriation Is Back – Is Christine Lagarde The Most Dangerous Woman In The World? Zero Hedge
  • Norway Sovereign Wealth Fund Unveils “New Strategy” – Buy 5% Of Every European Stock 06-24-14
  • Boston Consulting Group Study September 2011
  • Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten – December 2013 IMF
  • Extending Maturities on Bonds – 05-22-14 IMF
  • MyRA

MyRA – More About Getting Votes Than Helping Middle Class

The Three Stooges Debunk myRA – Zero Hedge

The MyRA Propaganda Begins A Start To A Secure Retirement Promises Treasury Secretary

Obama To Unveil Treasury IRAs, Or Planning For A Post-Monetization World

The Next Shoe To Drop On Your Retirement Account

Default, Deflation and Financial Repression

ECB Seriously Considering Negative Interest Rates; New Central Bank Mottos

First It Was Bail-Ins And Now EU Sees “Personal Pension Savings” As “Plug” For Banks

Furious Backlash Forces HSBC To Scrap Large Cash Withdrawal Limit

We Are From The Government And We Are Here To Offer You A No Risk, Guaranteed Return Investment Product

Theft Is Deflationary – Especially The Crony-CapitalistState Kind

When Saving Interest Rates Go Negative

REGULATORY CONTROLS & ENFORCEMENT

  • U.S. Pushing Banks On Dodd-Frank Act To Make It Easier For Government To FREEZE YOUR MONEY – Financial Repression Via Regulations “The U.S. wants big banks to simplify their Dodd-Frank Act resolution plans so it’s easier for government to freeze your money.” .. Bloomberg reports on the progress made by Wall Street banks developing their “living wills” as part of the Dodd-Frank Act legislation attempting to minimize “too big to fail” banks .. Bloomberg: “The Federal Reserve and Federal Deposit Insurance Corp. told 11 of the largest U.S. and foreign banks, including JP Morgan Chase & Co. (JPM) and Goldman Sachs Group Inc. (GS), that they botched their so-called living wills. The agencies ordered the banks to simplify their legal structures and revise some practices to make sure they can collapse without damaging the wider financial system.” Jim Rickards:
  • Fischer worries about macroprudential policy– 07-10-14 FT Mr Fischer’s most interesting remarks relate to his experience with macroprudential policy in Israel. Israel’s bank supervisor used a range of tools to restrict mortgage lending and try to avert a housing bubble. Mr Fischer draws three lessons:
  • Prohibiting Banks From Paying Interest On Demand Deposits Regulation Q
  • Basel Accord II and III – 05-16-14 Cliff Küle

PUBLIC & PRIVATE PRESSURES & PENALTIES

Charting The Death Of The Saver

Placing the Government Debt on the back off Savers & Pensioners

(ie the 75M Baby Boomers About to Retire)

2-6-2015 10-13-51 AM

U.S. government’s new “rule” allows banks to completely make shit up

February 24th, 2015 by

http://www.sovereignman.com/offshore-banking-2/us-governments-new-rule-allows-banks-to-completely-make-sht-up-16153/

 NOTES FROM THE FIELD

 By Simon Black

 February 23, 2015 

Hong Kong

In 1494, a 47-year old Franciscan friar named Luca Pacioli invented something that was revolutionary.

Pacioli was, in fact, a friend and contemporary of Leonardo da Vinci, and the two collaborated frequently.

So you’re probably guessing that Pacioli was a co-designer in Leonardo’s famed flying machine, or a new architectural technique.

On the contrary.

Pacioli’s invention was the double-entry accounting system; in fact he’s known by bean counters today as the father of accounting.

This was a major and much needed innovation at the time.

In the 15th century, Italy was dominating global trade and commerce.

Yet unlike in the centuries before where merchants were primarily transporters and traders of exotic goods, 15th century merchants had essentially become proto-bankers whose primary business was extending and trading credit.

This was a major change in the way that business was done, and it absolutely demanded a new way to keep track of it all.

That’s exactly what Pacioli invented. And his system of accounting is still being used today, over 500 years later.

This was a seminal moment in business history—the near simultaneous birth and convergence of credit-based money, banking, and accounting that would eventually become the global financial system.

It revolutionized everything.

Back then, just as today, few people really understood it. And those who did were often clever enough to find loopholes in the system to hide their fraud. Especially banks.

There are some really stunning (and sometimes hilarious) examples of early banks who learned how to cook their books and misstate their capital using Pacioli’s system.

Curiously very little has changed. Banks still use accounting tricks to hide their true condition.

Bloomberg showcased one such technique last year, exposing the way that many US banks are rebooking their assets from “available for sale (AFS)” to the “held-to-maturity (HTM)” designation.

This is a very subtle move that means nothing to most people.

But to banks, it’s a highly effective way of concealing losses they’ve suffered in their investment portfolios.

Banks ordinarily buy bonds and other securities with the purpose of generating a return on that money until they have to, you know, give it back to their depositors.

That’s why they’re called “available for sale,” because the bank has to sell these assets to pay their depositors back.

But here’s the problem—many of these investments have either lost money, or they soon will be. And banks don’t want to disclose those losses.

So instead, they simply redesignate assets as HTM.

It’s like saying “I don’t care that these bonds aren’t worth as much money as when I bought them because I intend to hold them forever.”

Thing is, this simply isn’t true. Banks don’t have the luxury of holding some government bond for the next 30-years.

This is money they might have to repay their customers tomorrow, which makes the entire charade intellectually dishonest.

That doesn’t stop them.

JP Morgan alone boosted its HTM mortgage bonds from less than $10 million to nearly $17 billion (1700x higher) in just one year. This is a huge shift.

Nearly every big bank is doing this, and is doing it deliberately. This is no accident. And there’s only one reason to do it—to use accounting minutia to conceal losses.

But the accounting tricks don’t stop there. And in many cases they’re fueled by the government.

One recent example is how federal regulators created a new ‘rule’ which allows banks to consciously reduce the risk-weighting it assigns its assets.

The Federal Financial Institution Examination Council recently told banks that, “if a particular asset . . . has features that could place it in more than one risk category, it is assigned to the category that has the lowest risk weight.”

This gives banks extraordinary latitude to underreport the risk levels of their investments.

Bankers can now arbitrarily decide that a risky asset ‘has features’ of a lower risk asset, and thus they can completely misrepresent their investments.

Bottom line, it’s becoming extremely difficult to have confidence in western banks’ financial health.

They employ every trick in the book to overstate their capital ratios and understate their risk levels.

This, backed by a central bank that is borderline insolvent and a federal government that is entirely insolvent.

It certainly begs the question—is it really worth keeping 100% of your savings in this system?

I would respectfully suggest finding a new home for at least a portion of your savings.

After all, it’s 2015. You no longer need to bank in the same place as you live and work.

It’s possible to establish an account offshore—at a safe, stable, well-capitalized bank overseas in a country with no debt.

You might even find that the bank will pay you a reasonable interest rate that actually exceeds inflation (shocking!).

And in many cases you may be able to do all of this without leaving your living room.

It’s hard to imagine anyone would be worse off.

 Until tomorrow, 

Simon Black
Founder, SovereignMan.com

2-6-2015 10-13-51 AM


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