Archive for December, 2012
December 29th, 2012 by olddog
Jim Willie is always at the top of my list of important reads. This one is exceptionally good and discusses what appears to be the new flow of the tides of fortune. I believe the U.S. dollar is being isolated – and I believe it’s one thing the egos of the high and mighty just can’t bring themselves to perceive and, thus, prepare for it. This is one of Willie’s best columns, in my opinion. Marilyn Barnewall
Jim Willie: The Coming Isolation of the USDollar
December 27, 2012 By The Doc
By Jim Willie, GoldenJackass.com
The typical human reaction to any infection, vermin, danger, or toxicity is to stand back, to isolate the agent, to trap it, to prevent its further spread or release, then to remove it in a safe secure way if possible using trained professionals. Eventually decisions must be made on the level of acceptable risk on the removal, like what is willing to be lost or damaged or killed in the process. Risk analysis, cost trade-offs, and minimization decisions must be evaluated and executed. The toxic agent in global trade, global banking, and global bond market is the USDollar. In 2009, the Jackass began making a certain firm point. Those nations that depart from the entire USDollar system early will be the leading nations in the next chapter, with stronger foundations, richer solvency, emerging economies, healthier financial markets, efficient credit engines, growing wealth, stronger political helm activity, and better functioning systems generally. Imagine a contaminated blood system that infects, corrupts, and destroys all interior organs from the spread of the toxin. Those nations that stick with the crumbling USDollar system stubbornly will find a horrible fate with devastating effects, rampant economic damage, broken financial markets, sputtering credit engines, tremendous loss of wealth, wrecked supply lines, poverty spreading like wildfire, ruined political structures, social disorder, isolation from the rest of the world, and a fast ticket to the Third World. That is EXACTLY what is happening in the last several months. A division has begun, as the East has been busily installing the next generation platforms, as related to trade, banking, and commercial integration.
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NEW ASIAN TRADE ZONE
The division between East and West actually accelerated when the extremely ill-advised decision for Iran sanctions was made by an increasingly desperate United States Govt and its handler on the Southern Med. The division continues, matures, and develops with each passing month. It has become a story, as the Eurasia trade zone concept has been born. It has a long way to go, but Asia however has made great strides lately in unifying commerce. The climax event of the Asian trade zone conference held in Vietnam could not have been more important, as they rejected the US-led plan. The Asians partners and players even rejected the United States from the entire Asian trade zone, but did include Australia and New Zealand. The incredibly stupid naive US-led plan, the Trans-Pacific Partnership, attempted to create a trade zone with Asia which would have blocked China. Imagine the incredibly obtuse blockheaded maneuver of trying to have all of Asia not conduct facilitated trade with China, its leading trade partner. Talk about shooting both legs and genital region with a double barreled shotgun! This is the signal flare of US political stupidity that has turned highly destructive for the USEconomy and its people. Such failed leadership and counter-productive initiatives will push the US into the Third World even faster than previously thought possible. The isolation is firming quickly. Most of Asia does not wish for strong trade ties with the United States, most likely since they do not see mutual benefit. They see a ravaging appetite to grab capital.
A Paradigm Shift is taking place, and the ASEAN-China summit gave proof positive in a seminal event of the vast changes in progress. The United States just suffered its worst humiliation ever as a nation on the Eastern global stage. It was exceeded only by the humiliation for a US president personally. The story went uncovered by the lapdog inept US press. The late November Asian summit meeting held in Phnom Penh included 15 Asian nations, which represent half the world’s population. They decided to form a Regional Comprehensive Economic Partnership that excludes the United States. The Asians are pushing to isolate the United States. Regard it as punishment for hegemony, or a reaction to prevent further capital drainage, or to protect from central bank abuse, or to wall off continued bond fraud export, or to defend against military aggression. Regard it as confirmation that China is the regional leader in Asia, even for military security. Regard it as a response to banker criminality, or simply for being totally full to the brim of American corruption and arrogance and abuse of position, led by creation of the USDollar as an elaborate weapon and credit card whose balance is never to be repaid. Abuse of power and sponsored financial corruption will have extreme consequences in the reshaping of global commerce and banking. The US will be isolated, so as to protect the rest of the world from its fascist exhibitions and deep manifestations.
The shift is in progress, and the American people have no idea what is happening. They are too pre-occupied by the agency torture of the population, urgently needed to remove guns and to create the police state. Current events are heinous and genocide on large scale and small scale. Any comments will be limited on the orchestrated travesty, travails, and tragedy. They all have one traceable element, which connects to a certain Virginia suburb where an intelligent pillbox operates in the shadows with puppet strings to the press networks and maybe Hollywood. The security agencies turned to the dark side years ago, with full devotion to narcotics, money laundering, and collusion with the castle dwellers. When the Praetorian Guard plots to bring about a police state, the only words that come to mind are disaster, disorder, mayhem, betrayal, degradation, death. Their tools are psychotropic drugs, violent training, weather altering devices, and basic sabotage. Treason is the calling card unfortunately for much of the US leadership class, whether banking, politics, economics, pharmaceuticals, or news networks. Think Syndicate, as my work has described for several years. The United States with its harsh new visa policies, molestation at airports, heavily defended borders, sponsored gun running, has shown a vicious visible visceral fascist streak that has begun to bring memories of the national socialists of Central Europe 70 and 80 years ago. They are back, stronger than ever, not having been eliminated. They were instead assimilated within the banking and security organizations, able to plant seeds which germinated with the sons in offspring. Two sons became presidents.
DEUTSCHE MARK GONE
In the 1960 and 1970 and even 1980 decades, the favorite currencies off the standardized tables of commerce were the USDollar and DeutscheMark. At one time in the Soviet Union and the Soviet Bloc of Eastern Europe, more USDollars and DMarks were in circulation than official Russian Rubles or Polish Zlotys or Hungarian Forints or whatever. Those years are long gone, as in long gone, all paper alternatives lousy. Under a strange bizarre compromise arranged to assimilate East Germany and to conceal the French sovereign debt, the Euro Monetary Union and the common Euro currency was born. It is now in the process of disintegrating. So the powerfully strong and stable German DMark went away. Back in those decades, only limited travel was done by the Jackass, confined to a honeymoon in France and Switzerland with a cold woman no longer inflicting her plague-like touch in my life. The Jackass deals exclusively in Latin currency of paper and human variety. No exposure to alternative currency held under the table was discovered in beach locations to the south or modest hotels in the green hills to the north. But friends reported stories. My older brother spent two months in Germany and Czechoslavakia, with ample stories of hoarded USDollars and DMarks. Store owners and wise families were eager to obtain USD and DM currency, even young kids. He and some ambitious friends heard stories of vast black market activity in Russia, where the US$100 bill was a favorite. In that era, Gold was not an item of pursuit or stored wealth. Times have changed radically, and Gold is the new store of value.
Times have changed with the sunset of the DMark and the toxicity of the USDollar. The people, the shop keepers, the business men, the small financial firms, they all have been turned upside down in recent years as they struggle to find a safe place to store wealth. Money has been corrupted. The purveyors of money have lost control by accelerating its supply by central banks, lost control of bank solvency, lost control of anything remotely acting like an honest tether to money itself. As a result, all those people, the shop keepers, the business men, the small financial firms, have been discovering Gold & Silver bars and coins. Their combined actions have resulted in an implicit isolation of the USDollar, even an isolation of the Southern European sovereign debt. Swiss havens have grown, in parallel with Gold havens. The toxic monetary plague has been identified, and its toxic sources too. They are the US Federal Reserve and the Euro Central Bank. They are ruining money, undermining wealth, and destabilizing the entire world related to wealth, banking, commerce, and economies. The armies of people, the shop keepers, the business men, the small financial firms, are working to isolate the USDollar as toxic agent in a demonstration of survival.
FREEDOM FROM DELUSION
Many bright people within the gold community cling to hope, harbor delusions, and maintain expectations, none of which have much value in the fast changing world of fascist entanglement and full integration. The Jackass has operated without delusions, firmly in belief that the corrupt systems would flourish. That viewpoint and operating principle has proved to be correct since 2004 when the Hat Trick Letter began to spout deeply disturbing forecasts. One after the other, most of the forecasts have indeed occurred, to the detriment of the nation and its systems and its society at large. No pleasure has come from forecasting a wrecked housing market (burdened by lax underwriting and bond fraud) or a broken insolvent banking system (from bond losses and dependent upon money laundering) or a desperate chronically USGovt budget (dragged down by adopted socialism and sacred war costs) or a spreading Southern European bond crisis (addressed only by higher subordinated toxic paper).
No pleasure is taken from seeing vast legions of struggling Americans, including a few close friends, who have lost jobs, lost homes, lost savings, lost pensions, and lost a valuable sense of security, as they continue to hang on. Many might actually find the warmth of the official camps, only to disappear later on. Argentina and Chile had their desaparecidos, and so will the United States. My ugly expectation is that before their bodies are incinerated, vital organs will be extracted for black market gains. Inoculations upon entry will assure them of good health and fully functioning organs. Later, vaccines will infect them, just like with the swine flu vaccine. By the way, in Costa Rica a brief story to enlighten on vaccines. In early 2008, the Jackass advised a couple families with numerous children and cousins in school to reject the swine flu vaccine that was promoted by the school authorities at the urging of US officials. They took my advice after their confidence was won on several other matters. Only one of about 20 children took the vaccine. She has been sick with a mysterious cerebral disease for over two years. My mention of searching for Guillain Barre symptoms has not helped. The mothers are grateful, as they did not understand at first my emotional outburst to discourage following the school advice. The official US camps will involve forced vaccines. Later on, false stories will be promulgated that the dead bodies were the result of already sick people entering the camps for quarantine purposes. In reality, the people would only have suffered from hunger and exposure and despair.
Hope is not part of my forecasts, but rather the reality of the corrupt human power game mindset. The US banking, economic, and political leaders can easily be expected to continue their corrupt games, with easy forward calls. No expectation of USGovt regulatory agencies is part of my forecasts, but rather the reality of their nearly perfect track record of big bank loyalty and fraud protection. The US regulators can easily be expected to continue their corrupt games, with easy forward calls. Clinging to precious metals mining stocks is not part of my forecasts, a decision made back in early 2008. They are bound in paper wealth, subject to inflation in share dilution just like the USDollar, vulnerable to jurisdictional confiscations, and at the mercy of labor unions whose production is increasingly halted. Unfortunately, too many fine people within the gold community, including GATA, hold firm on hope, regulators, and mining stocks. Not here! The major financial networks rely upon advertisement revenue from Wall Street, fund managers, an market exchanges. GATA has a business model that has one key vulnerability, with strong links to the mining firms. It has tainted their viewpoint sadly. My support of GATA is firm on challenge of USDollar legitimacy before the Supreme Court, on challenge of US regulators to enforce the law, on challenge of the big banks to prove their solvency, on challenge of the central bank to reveal their activity. But the Jackass does not expect the Supreme Court to ever rule the USDollar as illegal, nor the US regulators to ever enforce the law, nor the big banks to ever remove themselves from corruption, nor the central bank to ever conduct business in opposition to the biggest banks under supranational orders.
My personal background has taught me well that a corrupt system never corrects itself. Instead, it spins out of control with broken platforms, layered mechanisms to impose its servitude and influence, complete with side projects to illicitly support itself. See the theft of Iraq gold and theft of Libyan gold. Their people will never again see that wealth. The US system will remain broken until it collapses, never to be corrected until after its collapse.
The Jackass does not align with the expectation of mining stock rise. The stocks are paper wealth in a new era of paper wealth implosion, during which inflation of shares through dilution is rampant. My full expectation is for physical metal prices for Gold & Silver to rise, while mining stocks continue to fall in value from dilution and reduced metal output. The leverage is a mirage when large deposits are seized by desperate foreign governments in need of income. What on earth is complicated about understanding this point?? The leverage is a mirage when workers are the focal breakdown point for a higher cost of living. If workers cannot afford to feed their families and survive, mine output will suffer. What on earth is complicated about understanding this point?? The leverage is a mirage when rising mine operation costs must be handled, by the simple practice of share dilution. Combine with regular executive stock options, and the dilution on stock shares is huge. What on earth is complicated about understanding this point??
POWERFUL CORRUPTION INERTIA
Corruption Inertia is a principle firmly believed in when Jackass forecasts must be made. The corruption will continue with firm immutable momentum, without an external force acting as agent of change. At times, this is simple science. When colleagues introduce hope and what must be, the OFF button is engaged quickly here in my office. Their views are out of touch with reality. Corruption will persist as long as the Syndicate continues to hold power. It will remain the constant while the USDept Justice remains, while the USDept Treasury remains, while the US Regulators remain, even while the US debt rating agencies remain. They all support the current system. They are all subject to momentum pressures. Only an external force will result in change. When the USDollar is further isolated, that change will come. To expect change from the inside due to internal forces is lunatic, kind of like expecting an alcoholic to change on his own from an awakening. Al Capone was removed not from inside the Chicago crime boss conference of dons. He was brought down by external forces related to income tax. The world will similarly reject the USDollar for its tax on the system, unwanted, discarded as a toxic agent.
PROTECTION FROM THREAT TO WEALTH
Again, delusion works well when fashioning a creepy little shell of existence to protect oneself from the psychological damage of a predatory government syndicate or security agency apparatus. The Jackass mocks such defense mechanisms, since a guarantee for poverty and misery. The vast legions of Americans will soon awaken to find their jobs are hanging by threads, their wealth either vanished or converted to USTreasury Bonds by force, their liberties long gone, and their ability to seek out foreign lands for residence curtailed. In fact, one nation after another is actually banning acceptance of Americans for bank accounts. See Switzerland, Panama, and Hong Kong. The US subjects are seen as persona non grata not for their own characteristics, but for the passport they hold from the United States. The USGovt as lord acts like syndicate bullies, agents to abuse embassy privileges, with imposed extra legal paperwork like an extra burden. The isolation is not only of the United States, but of its citizens, whose business is not desired. Hence the Americans will increasingly be trapped in the US along with their money. The Jackass response to threat is not to embrace delusion, and not to seek a blanket to cover my head in the basement quarters. Instead, the response has been to head for the hills with pockets filled.
People, both clients and colleague, inquire when the Gold price will rise with vigor, when the mining stocks will rise with gusto. They remind that with all the central bank debasement of currency from Zero Interest Rate Policy and Quantitative Easing, the ultra-cheap, artificially cheap, desperate cheap money to finance USGovt debt should make the Gold price zoom upwards with each QE official announcement. My answer is quite simple. Each new QE program gives the dark forces more motivation to slam the gold price with naked shorts in sale of paper gold and paper silver. To be sure, the true value of Gold and the true value of Silver is higher, but it is not reflected in the COMEX price. That market is the epitome of corruption. If they were in charge of measuring fevers, they would place the thermometers on ice. Instead, a vast divergence comes between the paper Gold price and metal Gold price. Unless and until the Gold market is freed from corruption and freed from the shackles of Wall Street and London and Swiss influence, it will continue to be suppressed. My full expectation is not for the system to correct itself from within. Instead, the COMEX seeks out new sources of supply, like the GLD Exchange Traded Fund. It is probably far more gutted than publicly stated. It has been converted into a bullion bank central repository for easy raided inventory. The Gold price will not rise from internal forces to push up value, in response to central bank monetary policy or shortage of COMEX inventory. The Gold price will rise from external forces in USDollar isolation, along with isolation of the big banks in the US and London. Their gold inventory will be removed, returned, and drained. In time, the USDollar will widely be rejected in trade.
THE NEW ISOLATION HAS BEGUN
The process of isolation is not just now beginning. It is a process well along. In fact, it has been told that immediately following the Lehman Brothers death (a deliberate exploited execution) and the adoption of toxic vats by the USGovt in the form of Fannie Mae and AIG, the major foreign players located primarily in the East began to feverishly prepare for new platforms on trade and banking. They sought to develop an alternative. For the last 20 to 25 years, a backwards principal has been at work. It dictated that the USDollar would prevail in reserves management, actually the USTBond as vehicle. The rules for trade surplus recycle were constructed to lean toward usage of the USTBonds. Therefore, the global trade would be dominated by USDollars. In other words, banking would dictate trade settlement. That is backwards, and keenly exhibits the brute force of the USDollar hegemony. Also the crude oil payments have been standardized in USDollars, ever since the Saudis cut a major deal with the USGovt and UKGovt in the mid-1970 decade after the famous embargo. Protection came to the Saudi regime and Persian Gulf emirates, in return for exclusive USDollar payment on trade for oil. The Petro-Dollar defacto standard is the primary plank behind the USDollar global trade patterns shown for over three decades. It is coming to an end, a sunset.
IRAN SEMINAL EVENT
The Iranian sanctions put forth by the USGovt and adopted by the EuroZone nations have contributed more to unwinding the USDollar trade system than any event in decades. It sounded the death knell for the USDollar. It hastened numerous nations to seek a US$ alternative. It provided a fertile environment to fashion new trade settlement mechanisms. It pushed Turkey into acting as a gold bullion intermediary role in the provision of gold for usage in trade settlement. See their role with India and Iran, fully described in the December Hat Trick Letter. When an independent highly reliable gold trader source was asked to confirm the role of Turkey as a test case in developing gold based trade settlement, he gave a tacit confirmation. He has mentioned Turkey in past conversations over the last couple years frequently. Just as Turkey was a swing nation in the NATO alliance against the Soviet Union, Turkey will serve in my view as a critical swing nation in the movement to create a non-US$ trade settlement system. The new system will be decentralized, meaning not funneled through the major banks, not passing through the USFed as clearing house. Turkey will be essential in the formation of the Eurasia trade zone. First comes the Asian trade zone (the US excluded), and next comes the hand shake between the Asians and Europeans to create Eurasia. Some folks have expressed doubt toward the arrival of a vast trans-continental trade region. They seem painfully unaware of an incredible network of railway lines connecting Russia to Germany and China, and of a incredible network of liquified natural gas lines connecting Russia with all of Europe and Central Asia. Across the new trade zone and its diverse commerce, the USDollar will not be at the center. It is in fact being isolated, since it is a toxic agent. Everything US$-based is crumbling, from currencies to bonds to banks to credit lines to economies.
CHINESE YUAN BILATERAL CURRENCY SWAPS
The advent of barter has come. It has not been noticed by the incredibly distracted, misled, deceived, poorly trained, mentally challenged, and myopic American public. They read about a currency swap accord, give it no emphasis or importance, and then turn to the fund manager opinions on rotating stocks from one sector to the next. They read about a workaround to the Iran sanctions, express some puppet-like response of anger or disgust, and then turn to IPOs and stories on Google, Apple, and Facebook shares. They do not even read about the failed Trans Pacific Partnership, since it did not make it onto the financial pages. Sadly, the Jackass is slowly adopting a cold view that vast swaths of the US populace will suffer from a Darwinian event. Their home equity has vanished. Their job security has vanished, unless they work for defense contractors. Their pension funds have been damaged. Their wealth has been over 90% dedicated to paper securities in very obedient fashion. The great majority has dismissed the arguments for sound money or gold investments. Some have a pitifully small portion devoted to hard assets like perhaps some energy companies. Only those who adopt a Gold strategy will survive the powerful storm underway, as it intensifies. Great wealth is being destroyed, and only Gold & Silver will enable that survival by the construction of lifeboats. Paper wealth is being blown away, as only hard metal assets will prevail. Add energy and farmlands.
When people ask about the best allocation, my standard response is at least 90% precious metals, the rest to energy deposits, but not actually stocks, perhaps farmland if possible. The best diversification in my view is for laddering of silver purchases, starting at $10/oz and moving to $15/oz then $20/oz and finally to $25/oz with continued accumulation at $30/oz and above. Gold will win the monetary war, but Silver will take the greatest gains. Gold is fine for a more stable long-term protection against toxic paper wealth, but my ongoing objection is that the New York, London, and Swiss syndicate centers play too many games. Silver is subject to global shortages, vast industrial demand, non-replaceable usage, and a much more dangerous situation that the powerful dark forces cannot manage. Silver coins will be widely used in commerce, while Gold bars will thrive in banking transactions. Besides, killing werewolves is the zinger factor with silver bullets.
China has made numerous bilateral swap accords with other nations. As the label indicates, they are deals cut between China and another nation to freely use Chinese Yuan from a credited account that will retain equilibrium. So far many nations have signed up and even renewed deals. The list of nations includes Brazil, Russia, Japan, and India. One might be correct to include all of Asia on the list, as nations like South Korea and Taiwan and Vietnam freely trade in Yuan transactions. The first major signal that the bilateral swaps have taken hold sufficiently to undermine the USDollar through a new trade foundation will be the complete arena of Asian trade being conducted in Yuan transactions. They have no need for USDollars in trade. They see their USTBonds held in reserves under management as vulnerable to serious loss. They see their USTBonds held as subject to grand debasement from USFed central bank monetary policy itself. They see their USTBonds held as supported by Weimar machinery in hyper-drive. They see their USTBonds held as part of a corrupted Wall Street arena and its vast trappings. They see their USTBonds held as prisoner to the USGovt debt battles and a potential crush victim on a fall from the fiscal cliff.
The Chinese bilateral swap accords are actually barter deals. They often represent rather balanced trade, unlike with what the nations have set up with the United States. Unless nations purchase enormous lots of military hardware, they have little need for US products. Hence the end result is a bigger batch of toxic USTBonds to purchase in order to balance the accounts and to avoid the local foreign currency exchange rate from rising enough to damage their export trade. The bilateral swap accords work to create numerous two-way ties as part of a latticework that eventually will form a transnational fabric without the USDollar as nuclear cores in each connection weld. The bilateral swaps are barter without the name in a direct confrontation against the USDollar and its catbird seat. That seat, once a throne, is being dismantled. The latticework of bilateral swaps has created the critical mass of a global blanket with no centralized control room, no choke points with bank transactions, no SWIFT code ticket taker. The bilateral swap accords work to build a critical mass that isolates the USDollar from an entirely new foundation for trade. The USDollar is being isolated.
COMEX PRESSURE POINT
The COMEX is under constant unrelenting pressure. They must shift around ill-gotten precious metal inventory in order to avoid a default. That would be embarrassing. The main device for maintaining order at the COMEX continues to be naked shorting of futures contracts, a blatantly corrupt practice. The naked short ambushes occur with greater frequency in recent months. The arrival of Scotia Mocatta as a provider of gold supply and naked short commitments will kill them eventually, as they have made a deal with the devils. The overnight dispatch of silver from the US to London has grown enormous. One can only suspect that the raids of GLD gold inventory and SLV silver inventory is much greater than is estimated even by its most ardent critics. The illicit sources for COMEX precious metal are fast drying up.
The new wrinkle to render damage to the COMEX is the arrival of the Shanghai Gold Exchange. The graphic displays the differential, a basis for potential arbitrage. Complex arrangements can be constructed that take advantage of the differential, basically buying the gold metal in New York, finding a way to make it available in Shanghai, where it is sold at a $20 to $30 higher price. The end result of the arbitrage is high volume drainage of gold in New York. The snapshot below is taken from December 7th. Several other snapshots are available, with similar price spreads. Finally COMEX based in New York, a major nucleus of corrupt financial markets, has some competition. Expect the spread to widen, the opportunity for arbitrage to grow, and pressure to build for a breakdown.
Sadly for the evil camp, they are fast running out of sources. They stole the entire MF Global private accounts, denied the clients their legal right to receive silver in delivery, and received legal protection by the USGovt and Appellate courts, after changing the law applied to financial firm liquidation instead of brokerage firm liquidation. It was a blatant maneuver that has depleted the COMEX of a major slice of legitimate business. The subsequent similar raid on PFG-Best had an echo effect, adding to the removal of COMEX clientele. The end result is that the risk hedge trade is finding ways to conduct their business without use of the indescribably corrupt COMEX. So the COMEX is being isolated in risk hedging just like the USDollar in global trade.
The upcoming Petro-Dollar sunset has very uncertain timing indications. The assassination of Prince Bandar in Saudi Arabia, followed by the potential incapacitation of King Abdullah could work to weaken the foundation of the Petro-Dollar itself. Back in April 2010, the Saudis and other main Persian Gulf nations struck a deal with Russia and China for protection in the gulf region. That accord was not given much emphasis anywhere, nor publicity. But to the Jackass, who had a source at the meeting, the event signaled the sunset of the Petro-Dollar defacto standard. The Saudis would turn to Asia for protection and security, at a time when their crude oil trade was growing with Eastern nations, and when the North American production was made more available for the US demand in markets. The day is nigh where the Saudis accept non-US$ payments for crude oil. They might first accept Chinese Yuan, then Japanese Yen, then Korean won, then Gold itself through big Turkish bazaars. The Petro-Dollar is being isolated for sunset, and will be a key event is the removal of the USDollar as center for global trade settlement. Also, the Saudi regime in my view does not have much longer to survive. Numerous companies and financial firms and export facilitators have exited from the United Arab Emirates in preparation for the fall of the House of Saud. The Saudi Arabian royals have unstable neighbors in every border, especially Bahrain, Iraq, and Yemen.
WILD CARD FACTORS
Numerous wild cards float on the global trade table. Bank strictures head the list, with imposed rules on account reporting abroad, with tax information requirements, and with capital controls. It is harder each month to move large amounts of funds. The forms to complete have become onerous and imposing, acting like implicit restrictions. It is harder each month to use simple bank cards at ATM machines. With a simple rule change, the banks cannot complete these transactions. The organized and patterned restrictions work to trap USDollars within the local US borders. Consider it an internal mechanism to assist the global isolation of the USDollar.
LOST GLOBAL RESERVE STATUS
The described isolation on numerous fronts, whether trade or COMEX or banks, all work toward the elimination of the toxic agent in the USDollar. The world wants a more just, more functional, more efficient, more equitable global trade system. The United States has abused its global reserve custodian position too long. The world is fighting vigorously to remove it. The usage of the USDollar as a credit card to finance its consumption binge without ability to pay will come to an end. The usage of the USDollar as a device to enable powerful aggression in war to advance syndicate interests like vertically integrated narcotics will come to an end. The usage of the USDollar as a banking monopoly device will come to an end. The usage of the USDollar as an instrument for bond fraud will come to an end. The usage of the USDollar as a free lunch device to finance the USGovt deficit will come to an end. When the USDollar is no longer the global reserve currency, the door to the Third World will be opened wide. When the USDollar is no longer the global reserve currency, the supply lines will be interrupted to the USEconomy, giving off a prominent Third World stench. When the USDollar is no longer the global reserve currency, the price inflation effect will become a national topic of grand debate and extreme anger. When the USDollar is no longer the global reserve currency, the United States as a nation will experience tremendous additional isolation and hardship, as most Third World nations do. The level of corruption within the USGovt and US banking corner offices is already far more entrenched than any Third World nation. The vote fraud for US national elections is equally prevalent, but more sophisticated.
When the USDollar is no longer the global reserve currency, the Gold Standard will be right around the corner, if not already in the implementation stage. The Gold price will react quickly to the removal of the USDollar from its prized perch of abuse. The center of the new trade settlement system will be GOLD, which is not even being discussed by the enlightened denizens of the gold community. It will be the basis of the Letters of Credit, in the form of gold trade notes. The short-term credit that facilitates trade will have a truly magnificent grand Gold core. The common agreement will be to make the Gold price at least $5000 per ounce, probably closer to $7000 per ounce. They will in the process dismiss, overrun, and put into oblivion the COMEX and the LBMA, rendering them to the scrap heap of irrelevance.
THE HAT TRICK LETTER PROFITS IN THE CURRENT CRISIS.
From subscribers and readers:
At least 30 recently on correct forecasts regarding the bailout parade, numerous nationalization deals such as for Fannie Mae and the grand Mortgage Rescue.
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Jim Willie CB is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics. His career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials.
December 27th, 2012 by olddog
Government Should Disarm Itself If they Are Concerned About Mentally ill People With Guns.
By The Watchdog
If you ever watch a TV show or movie when there is a bank robbery. You see an armed guard in the bank. Before the robbers can rob a bank. They have to disarm the guard who has a gun. Then they can take all the money out of the bank. Just like when they rob an armored car. They have to disarm the person in the bank before they take the money out of the bank.
I am not going to get into the Sandy Hook massacre. We won the argument for the right to keep and bear arms. So why is the other side still trying to scream for gun control? Why do they want to have the American people disarmed? It is not because of the children. Well look what they want to do because the American people are very well armed. As long we are still armed, the tyrants hands are tied.
Starting January 1, 2013, the Bush Tax cuts expire. Taxes will be raised will stall the economy. Many IRS agents will come out to harass people who are broke. As long the people are armed. The IRS might meet resistance from people trying to keep their homes.
They want to enforce UN Agenda 21. They cannot remove people off their land in rural areas into the big cities.
People cannot be forced into FEMA camps against their will to commit genocide. If we can still resist. They cannot move.
They cannot dominate every facet in our lives if we can still fight back.
The TSA will have a hard time at Highway checkpoints because people will not tolerate it for too long.
They cannot round-up people and have them executed into mass graves if the citizens are armed.
They cannot enforce Obamacare with IRS coming out trying to make people pay for a health plan no one wants.
The cannot seize people’s private pension funds to bail out the too big to fail banks. That will make many people very angry.
The system wants the people disarmed for one reason. When this economy collapses. It’s game over. Many people will hunt down the thieves who stole their wealth. The country can only loot so much before they cross a line where bullets will start flying.
The system knows the people do not trust the government at all. People are not buying guns in record numbers because they want to go hunting. They are buying them to resist tyranny.
Do the people really trust the government will be nice to us if we all turn in our weapons? Do you think they will keep their word and protect us if we surrender our firearms? Do not bet on it. If you think the government is abusive now with the people being armed. It will be hell on earth to give up our guns to these wicked men.
Most of the world, the people are disarmed. Their governments are ruthless and do not care because the people cannot fight back. We are the last house on the block that is still armed. When we succeed in holding the line not surrendering our guns causing the bankers to be arrested. We could see a chain reaction around the world of Banker tyranny being thrown off.
It is not Obama only who wants the guns, It’s the banking cartel that wants us disarmed so they can loot what is left of the nation and to oppress the population.
We are the stumbling block to the globalist because we have guns. This is why we have to hold the line and say no.
It is our God-given right to self-defense. It is part of our right to life and our instinct for self-preservation.
The second Amendment is necessary for the Security of a FREE STATE.
A right that shall not be infringed. It has nothing to do with duck hunting or target shooting. It is about putting down tyranny when government becomes oppressive.
The people in office do not want a free state. They want an empire of world domination of the people and the nations.
We are a threat to that power if we stand our ground being armed. As long we stay armed. We can keep our land and our families will stick together. If we disarm. Our families are broken up and all we worked for is stolen.
If we stay armed to the teeth. They cannot steal what is left of the nation. The Bankers and Authoritarians face being arrested for their fraud. Stand your ground, our guns are our liberty teeth. We have nothing to lose and everything to gain.
Stand your ground!
December 26th, 2012 by olddog
By: Jim R. Schwiesow,
STUPID IS AS STUPID DOES
Today 12-26-12 I picked up the paper and read a nonsensical opinion article by Cokie and Steve Roberts entitled: “Cops Understand the Urgency of tightening Gun Controls.”It was a most ignorant soliloquy and at best a progressive propaganda piece that reflected an absolute misguided mental subjectivity in regard to the Constitution, the Historical history of the American Republic; and in addition it evidenced a cognitive stupidity in regard to the law enforcement profession in the United States. It was pure and simple…a dim-witted hit piece on firearms and the gun industry. The article was completely devoid of any semblance of objectivity and based entirely upon personal prejudices and misinformation.
EDUCATED IDIOTS & OTHERS
There were a number of quotes in the article attributed to police administrators’ whom were identified by the Roberts’ as “the men and women who patrol our streets.” A more accurate impartation would have been to have identified these as over-educated idiots with police administration degrees and nearly no practical police experience. The Roberts’ contrast these with Gun Rights Advocates by identifying the latter as loonies. The only accurate statement in the whole article was that, Police Chiefs are political creatures; and they most certainly are – “they are political creature’s first and smart peace officers a very distant second.”
UNARMED CITIZENS ARE EASY TO CONTROL AND EASY TO ELIMINATE
Any honest Cop will tell you that many police desk jockeys’ (who might possibly be called out on emergencies) hate rapid firing semi-auto rifles and high capacity magazines for the very same reason that the NAZI enforcers hated them. These technologies put effectively into the hands of citizen protesters and guerillas the same deadly strength that they themselves possessed. An unarmed citizen is easy to control and presents no threat to the dictatorial domination of totalitarian-minded government entities, which the NAZI were and America is rapidly becoming.
It is not difficult to detect the reason that Americans are resistant to gun confiscation; the Roberts’ missed the conclusion by a county mile, and then some; once a dumb easily controlled pacifist – always a dumb easily controlled pacifist.
USE SOME COMMON SENSE
The Roberts’ end their treatise by writing: “Just ask a cop.” I suggest, and advise dear reader, exactly the same proposal. I would add only that you should select a true and courageous cop of the field who actually lives the dangers of the job, and not some desk jockey or administrator who sits in the comfort of headquarters; until or unless they have walked a mile in a real policeman’s world…stay away from them.
If we do not hear from some media people, journalists, and writers with common sense who love liberty and freedom, we will soon have neither.
After reading what the Roberts’ have had to say I can tell they are not an example of such, and they do not have the answer. One can only hope that dumbness is its’ own reward, and if it is… there are presently a lot of happy people in this nation, particularly in the media.
December 26th, 2012 by olddog
TRUTHER DECEMBER 26, 2012 1
Will this be the last normal holiday season that Americans ever experience? To many Americans, such a notion would be absolutely inconceivable. After all, in the affluent areas of the country restaurants and malls are absolutely packed. Beautiful holiday decorations are seemingly everywhere this time of the year and children all over the United States are breathlessly awaiting the arrival of Santa Claus. Even though poverty is exploding to unprecedented levels, most families will still have mountains of presents under their Christmas trees. Of course a whole lot of those presents were purchased with credit cards, but people don’t like to talk about that. It kind of spoils the illusion. Sadly, the truth is that our entire economy is a giant illusion. The extreme prosperity that we have been enjoying has been fueled by debt, and any future prosperity that we will experience is completely dependent on our ability to go into even more debt. The total amount of debt in our economy is almost 10 times larger than it was just 30 years ago, but we don’t like to think about that too much. Most Americans are way too busy living the good life to be bothered with “doom and gloom”. Well, get ready to say goodbye to normal. As history has shown us, no financial bubble lasts forever, and time is rapidly running out for us.
You know that the hour is late when even mainstream news sources start publishing articles with titles such as this: “Will 2013 Mark the Beginning of American Decline?“
That article appeared on Bloomberg.com the other day, and it was written by Simon Johnson, a former chief economist at the International Monetary Fund. He is convinced that a day of reckoning is coming for U.S. government finances, and he seems resigned to the fact that we will not be ready when that day arrives…
“Sooner or later, it will be America’s turn to fall out of favor with investors and to see its own interest rates rise. It is hard to know when that day will come, or precisely what pressures the country will face.
Let me only venture one forecast: We will not be ready.”
Other analysts are far more pessimistic. For example, the following is what Gerald Celente said about the “bond bubble” during a recent interview with King World News…
Eric King: “Gerald, I wanted to take a look at this upcoming issue you have coming out. (In here it says,) ‘Bonds Away! The bond bomb is ready to explode … threatening to make the real estate and dot-com bubbles, and even the Great Recession, look like market corrections.’ Can you talk about that?”
Celente: “Yes. This piece is being penned by Dr. Paul Craig Roberts, the former Assistant Treasury Secretary under Ronald Reagan. And he is convinced that the bond bubble is about to burst. This cannot continue to go on the way it is. Everyone knows that the whole game is rigged, and so is this….”
“The whole game is rigged. It’s ready to go down, and Dr. Paul Craig Roberts believes it’s ‘Bonds Away’ in 2013 as the bond bubble explodes and brings about a financial disaster even worse than the Great Depression.”
Eric King: “He’s saying here it’s a road to financial collapse that we are going to head down when this thing bursts.”
Celente: “It is. Because the whole world is being propped up by these phony bonds and it’s going to collapse. It has to happen. Interest rates are going to start going up, and when they do the bond bubble explodes. You cannot keep interest rates at zero for this amount of time and expect anything other than disaster to follow.”
For much more on all this, you can listen to another excellent interview with Gerald Celente right here.
Our politicians just assume that we will be able to borrow trillions upon trillions of dollars far into the future at super low interest rates, but that is a very dangerous assumption.
As I noted the other day, the average rate of interest on U.S. government debt was 2.534 percent at the end of November. If that number just rose to where it was about a decade earlier we would be in a massive amount of trouble.
Back in the year 2000, the average rate of interest on U.S. government debt was 6.638 percent. If we were at that level today, the U.S. government would be paying out more than a trillion dollars a year just in interest on the national debt.
But our politicians just keep borrowing and spending as if we could do this forever.
From the time that George Washington was inaugurated (1789) to the time that George W. Bush was inaugurated (2001), the U.S. government accumulated about 5.7 trillion dollars of debt.
During the first four years of the Obama administration, the U.S. government accumulated about 5.7 trillion dollars of debt.
How can anyone support this kind of insanity?
You can see an excellent video demonstrating the vastness of our national debt right here. In the end, all of this debt will absolutely destroy the U.S. dollar, our economic system and the bright futures that our children and our grandchildren were supposed to have.
As if all of that was not enough to be concerned about, there is also the threat that Wall Street could implode at any time. Most Americans have no idea that Wall Street has been transformed into the largest casino in the history of the world. The “too big to fail” banks are the ringleaders, and the derivatives bubble hangs over our financial system like a “sword of Damocles” that could fall at virtually any moment.
Everything will remain fine as long as the spiral of derivatives that our bankers have constructed remains perfectly balanced. But if something happens and it becomes unbalanced and starts to collapse, the consequences could be unlike anything we have ever seen before.
A recent Zero Hedge article entitled “1000x Systemic Leverage: $600 Trillion In Gross Derivatives ‘Backed’ By $600 Billion In Collateral” detailed how there is barely any collateral backing up the hundreds of trillions of dollars of derivatives that are out there…
But a bigger question is what is the actual collateral backing this gargantuan market which is about 10 times greater than the world’s combined GDP, because as the “derivative” name implies all this exposure is backed on some dedicated, real assets, somewhere. Luckily, the IMF recently released a discussion note titled “Shadow Banking: Economics and Policy” where quietly hidden in one of the appendices it answers precisely this critical question. The bottom line: $600 trillion in gross notional derivatives backed by a tiny $600 billion in real assets: a whopping 0.1% margin requirement! Surely nothing can possibly go wrong with this amount of unprecedented 1000x systemic leverage.
Our entire economy has become a giant pyramid of debt, risk and leverage. At some point there is going to be a giant crash. When that happens, people are going to become very desperate.
When people become very desperate, they often accept “solutions” that they were not willing to consider previously.
We need to learn some lessons from history. This is exactly the kind of thing that happened back in the 1930s.
For example, an elderly woman named Kitty Werthmann is telling audiences what life was like in Austria back in the late 1930s…
“In 1938, Austria was in deep Depression. Nearly one-third of our workforce was unemployed. We had 25 percent inflation and 25 percent bank loan interest rates.”
“Farmers and business people were declaring bankruptcy daily. Young people were going from house to house begging for food. Not that they didn’t want to work; there simply weren’t any jobs.”
The Austrian people were really hurting and they were desperate for answers. When Hitler came to them with “solutions”, they were ready to embrace him with open arms…
“We looked to our neighbor on the north, Germany, where Hitler had been in power since 1933.” she recalls. “We had been told that they didn’t have unemployment or crime, and they had a high standard of living.”
“Nothing was ever said about persecution of any group – Jewish or otherwise. We were led to believe that everyone in Germany was happy. We wanted the same way of life in Austria. We were promised that a vote for Hitler would mean the end of unemployment and help for the family. Hitler also said that businesses would be assisted, and farmers would get their farms back.” "Ninety-eight percent of the population voted to annex Austria to Germany and have Hitler for our ruler.”
“We were overjoyed,” remembers Kitty, “and for three days we danced in the streets and had candlelight parades. The new government opened up big field kitchens and everyone was fed.”
Sadly, America is already starting to go down the same path in many ways. If you doubt this, you can read the rest of her account right here.
Right now, things are still relatively good in America. Yes, there are a whole host of economic numbers that look really bad, but what we are experiencing right now is nothing compared to the horrific economic pain that is coming.
When our economy finally crashes, nobody is going to be able to press a button and restore things to how they were previously. We will be told that we have to “adjust” and consider “new solutions” to our “new challenges”. Someday we will look back on the good life that we were enjoying in 2010, 2011 and 2012 and wish that we could go back to those days.
So enjoy the relative peacefulness and prosperity of these times while you still can. A horrific economic collapse is on the way, and once it strikes none of our lives will ever be the same.
Michael Snyder’s post first appeared on his blog, The Economic Collapse.
December 25th, 2012 by olddog
Jesus said“…buy one”. Luke 22:36
By David A. McElroy
JESUS IS THE REASON FOR THE SEASON in which carols of We Three Kings are sung. The Christmas of 2012 has been made a very sad one for many in Newtown, Connecticut, following the Sandy Hook school massacre. But we should not forget the celebration of Christ, which is the very essence of the word “CHRISTMAS”. Ironic, is it not, that courts prohibit Jesus from being portrayed in public places during the official national holiday bearing his name in celebration? Why is this? Where is the love?
Let us recall Jesus is both celebrated and reviled as Lord and Savior, our High Priest and Messiah, Teacher of the Way, the Truth, and the Life. The Son of God came into this world to take us out, and sacrificed his life to lead us on the path to Heaven. Some of us choose to follow Christ in reverence, others loathe Jesus. Some will even remove Christ’s name in “Christmas” signage and replace it with an “X” to read “Xmas”! Why? Because Jesus is THE libertarian, and the forces of evil seek to enslave us all. That is why Christ is reviled and his “Holy Day” of Christmas is sullied with an avalanche of sensual delights appealing to our dreams, our gluttony, pride, and lusts. It is why real “Saint Nicholaus” has been perverted from a Christian patron saint of children to become a magical patron saint of merchants pushing earthly delights.
A gilded cage was enticing us all long before we were old enough to know what was going on. Call it indoctrination, or brainwashing, or marketing. Just sit on Santa’s lap, kid, and tell him everything you want. Just keep wanting the shiny new baubles. Just keep dreaming, chasing the illusions dressed up in hopes of a white Christmas around a tree we trimmed in silver and gold. Let those sugar plums dance in your head.
We are told at Christ’s birth the angels proclaimed “Glory to God in the highest, and on Earth peace, goodwill toward men,” in Luke 2:14. Christ later said “Think not that I am come to send peace on Earth: I came not to send peace, but a sword,” in Matthew 11:34.
A sword divides, it severs. Kings wield swords. Christ came to rule as King of Kings and Lord of Lords, to judge the world and divide God’s sheep from Satan’s goats. This is the end for which Jesus was born into this world as an innocent lamb, to die a noble and ultimate sacrifice to rise up victorious as a redeeming lion of divinely royal lineage. We are graciously given the right of free will, or choice, to follow Christ – or else deceits that bring us despair, destruction, and death. We will reap the consequences of our decisions in personal responsibility to our Creator for our actions. Choose wisely!
Swords, or weapons, are often found in scripture. Is disarming everyone righteous and proper according to Christ? The sword is properly wielded by the righteous, as noted in Romans 13:4. But not all of us are righteous, and laws prohibiting all of us from bearing arms do not stop deranged lunatics, common criminals, or monstrous tyrants like Caesar. So… I ask you now, WHAT WOULD JESUS DO?
In Luke 22:36, Christ said, “But now, he that hath a purse, let him take it, and likewise his scrip: and he that hath no sword, let him sell his garment, and buy one.” Remember, Roman law prohibited civilian ownership of swords, and Pontius Pilate governed Palestine under Roman military occupation. It was the charge of treason, or rebellion against Caesar, that was brought against Jesus by the Jewish High Priest Caiaphas. This is why Pilate posted “THIS IS THE KING OF THE JEWS” on Jesus’ cross, signifying the supposed crime for which he was crucified most unjustly.
Jesus also spoke to the sneaky unjust use of the sword in Matthew 26: 51-55. He warned that “all they that take the sword shall perish with the sword”, that using violent force as a way of life only brings violence upon the perpetrator. A libertarian never uses force nor fraud to bend others to his will. Christ offers his teaching, blessings, and salvation freely without coercion. We are not to be forced to come to Christ at the point of a weapon, as he was marched to crucifixion.
But our lives are the most primary of God’s blessings, and not to be yielded lightly. While evil offense is prohibited, righteous defense is a duty. Those who would disarm us insist that stricter laws prohibiting guns are the answer, but the law neither protected nor served those slain in Connecticut’s “Gun Free Zone” school. The US Supreme Court ruled in Castle Rock v. Gonzales in 2005 that police are under no obligation to protect citizens. Police are mistakenly called “first responders”, when it is actually the victim that is first to respond. A gun in hand is far better than a cop on the phone!
When Christ came into this world, “three wise men”, or “kings of the east”, came bearing gifts to the newborn king. They knew a great royalty had been birthed, and followed that star to bear gifts of gold, frankincense, and myrrh. Frankincense and myrrh were oils for sweet odors, perfumes, used often in offering prayers and preparing bodies for burial. Gold was money as it has always been. Today, the three kings of Christmas in these End Times are actually Mammon, Lucifer, and Molech. They too bring sweet smelling things that are known to stimulate prayer, accompany death, and finance sweet dreams.
This big gifting season is about money extraction, increased sales, pleasing Mammon. We exalt children and deplore their murder while supporting a world economic system ruled by banksters that preys upon human lives, maintaining a bloody bottom line sending military forces to slaughter men, women, and yes, CHILDREN, capturing wealth in the foreign wars. It is a fact that children comprise war’s vast majority of casualties. The use of depleted uranium munitions guarantees birth defects and radiation sicknesses for many generations to come in places like Iraq. We cringe in horror when American children are killed, but give little thought when troops sent with our tax dollars gun down the children of another people. We even endorse the choice of aborting our own children for virtually any reason, much as the ancients threw their children into the fire at Molech’s feet hoping for economic blessings and convenience. Lucifer laughs at his symphony of illusions and chaos killing us amid sweet dreams. WAKE UP! What would Jesus do?
Right now, many influential voices are openly urging Barack Obama to stand strong as a DICTATOR, arbitrarily eliminate the Second Amendment, CONFISCATE ALL GUNS, and arrest all dissidents, discarding our First Amendment rights as well. People like New York City Mayor Bloomberg and former Seattle Police Chief Norm Stamper are among a loud fascist cacophony screaming for mandatory disarmament and stifling free speech. It is out in the open, people. It is not some dubious conspiracy talk. It is not a secretive thing at all. FASCIST DICTATORSHIP is Uncle Sam’s Christmas gift of 2012. Obama, a self-proclaimed Marxist endorsed by the Communist Party USA, will not hesitate to pick up the big hammer and confiscate our weapons and arrest all who disagree with his policies. It is the course of action taken in every country overtaken by a Marxist ruler. And after the people are disarmed, policies of mass slavery and massacre of dissidents and “useless eaters” are pursued with a vengeance in the pursuit of godless government efficiency. It is the destruction of God’s people, which He has called to be Christian soldiers armed for the battle with the Serpent’s seed sown among us like tares among the wheat. Certainly, we should read Ephesians 6 for counsel about Christian conduct and the “Armor of God”. But we should also recall God authorizes us to defend ourselves against fleshly enemies with earthly weapons of steel, even “to execute vengeance upon the heathen, and punishments upon the people: To bind their kings with chains, and their nobles with fetters of iron; to execute upon them the judgment written: this honor have all His saints.” Read this in Psalm 149:7-9.
Recall how presidential candidate Ron Paul was booed and hissed at a GOP rally in South Carolina for stating we should apply the Golden Rule to US foreign policy! Was that in Christian judgment and the honor of the saints? What would Jesus do?
Would Jesus have done as Piers Morgan did on CNN in confronting Larry Pratt of Gun Owners of America… flying into a histrionic fury of emotional name calling and illogical nonsequitors to exploit the deaths of school children and slander Pratt and our God-given right to self-defense? Would Jesus, like Reuters, issue an op-ed piece to urge Obama in his second term to act without Congress to arbitrarily impose draconian gun restrictions?
We are in dangerous times. The US Bureau of Justice Statistics, and the FBI, have cited a declining murder rate in America in recent years, and a 65% reduction in violent crime. But fascist faces play upon emotions drummed upon the corpses of children to disarm the future victims of America. They would destroy our freedom and dignity, life and liberty.
It is Christmas time. Let’s honor Christ our king. What would Jesus do?
" David McElroy was born in 1952. He attended a state college pursuing journalism only to expose a corrupt administration. In disgust, he left after his junior year vowing to finish schooling at a Christian college. Fresno Pacific College awarded McElroy a B.A. in Religious & Biblical Studies, with a minor in Journalism. McElroy spent some ten years as a journalist covering government extensively, and served as a small town editor. He left the news media fed up with corruption there, and pursued church work. He served as a Baptist chaplain to nursing homes and hospitals, church secretary, teacher, etc. Currently he writes for Truth, Justice & Liberty in Christ's Love at www.OnlyWay.com and other sites."
December 24th, 2012 by olddog
By Naomi Wolf, Guardian UK
Drones on domestic surveillance duties are already deployed by police and corporations. In time, they will likely be weaponised
People often ask me, in terms of my argument about "ten steps" that mark the descent to a police state or closed society, at what stage we are. I am sorry to say that with the importation of what will be tens of thousands of drones, by both US military and by commercial interests, into US airspace, with a specific mandate to engage in surveillance and with the capacity for weaponization – which is due to begin in earnest at the start of the new year – it means that the police state is now officially here.
In February of this year, Congress passed the FAA Reauthorization Act, with its provision to deploy fleets of drones domestically. Jennifer Lynch, an attorney at the Electronic Frontier Foundation, notes that this followed a major lobbying effort, "a huge push by […] the defense sector" to promote the use of drones in American skies: 30,000 of them are expected to be in use by 2020, some as small as hummingbirds – meaning that you won't necessarily see them, tracking your meeting with your fellow-activists, with your accountant or your congressman, or filming your cruising the bars or your assignation with your lover, as its video-gathering whirs.
Others will be as big as passenger planes. Business-friendly media stress their planned abundant useby corporations: police in Seattle have already deployed them.
An unclassified US air force document reported by CBS (pdf) news expands on this unprecedented and unconstitutional step – one that formally brings the military into the role of controlling domestic populations on US soil, which is the bright line that separates a democracy from a military oligarchy. (The US constitution allows for the deployment of National Guard units by governors, who are answerable to the people; but this system is intended, as is posse comitatus, to prevent the military from taking action aimed at US citizens domestically.)
The air force document explains that the air force will be overseeing the deployment of its own military surveillance drones within the borders of the US; that it may keep video and other data it collects with these drones for 90 days without a warrant – and will then, retroactively, determine if the material can be retained – which does away for good with the fourth amendment in these cases. While the drones are not supposed to specifically "conduct non-consensual surveillance on on specifically identified US persons", according to the document, the wording allows for domestic military surveillance of non-"specifically identified" people (that is, a group of activists or protesters) and it comes with the important caveat, also seemingly wholly unconstitutional, that it may not target individuals "unless expressly approved by the secretary of Defense".
In other words, the Pentagon can now send a domestic drone to hover outside your apartment window, collecting footage of you and your family, if the secretary of Defense approves it. Or it may track you and your friends and pick up audio of your conversations, on your way, say, to protest or vote or talk to your representative, if you are not "specifically identified", a determination that is so vague as to be meaningless.
What happens to those images, that audio? "Distribution of domestic imagery" can go to various other government agencies without your consent, and that imagery can, in that case, be distributed to various government agencies; it may also include your most private moments and most personal activities. The authorized "collected information may incidentally include US persons or private property without consent". Jennifer Lynch of the Electronic Frontier Foundation told CBS:
"In some records that were released by the air force recently … under their rules, they are allowed to fly drones in public areas and record information on domestic situations."
This document accompanies a major federal push for drone deployment this year in the United States, accompanied by federal policies to encourage law enforcement agencies to obtain and use them locally, as well as by federal support for their commercial deployment. That is to say: now HSBC, Chase, Halliburton etc can have their very own fleets of domestic surveillance drones. The FAA recently established a more efficient process for local police departments to get permits for their own squadrons of drones.
Given the Department of Homeland Security militarization of police departments, once the circle is completed with San Francisco or New York or Chicago local cops having their own drone fleet – and with Chase, HSBC and other banks having hired local police, as I reported here last week – the meshing of military, domestic law enforcement, and commercial interests is absolute. You don't need a messy, distressing declaration of martial law.
And drone fleets owned by private corporations means that a first amendment right of assembly is now over: if Occupy is massing outside of a bank, send the drone fleet to surveil, track and harass them. If citizens rally outside the local Capitol? Same thing. As one of my readers put it, the scary thing about this new arrangement is deniability: bad things done to citizens by drones can be denied by private interests – "Oh, that must have been an LAPD drone" – and LAPD can insist that it must have been a private industry drone. For where, of course, will be the accountability from citizens buzzed or worse by these things?
Domestic drone use is here, and the meshing has begun: local cops in Grand Forks, North Dakota called in a DHS Predator drone – the same make that has caused hundreds of civilian casualties in Pakistan – over a dispute involving a herd of cattle. The military rollout in process and planned, within the US, is massive: the Christian Science Monitor reports that a total of 110 military sites for drone activity are either built or will be built, in 39 states. That covers America.
We don't need a military takeover: with these capabilities on US soil and this air force white paper authorization for data collection, the military will be effectively in control of the private lives of American citizens. And these drones are not yet weaponized.
"I don't think it's crazy to worry about weaponized drones. There is a real consensus that has emerged against allowing weaponized drones domestically. The International Association of Chiefs of Police has recommended against it," warns Jay Stanley, senior policy analyst at the ACLU, noting that there is already political pressure in favor of weaponization:
"At the same time, it is inevitable that we will see [increased] pressure to allow weaponized drones. The way that it will unfold is probably this: somebody will want to put a relatively 'soft' nonlethal weapon on a drone for crowd control. And then things will ratchet up from there."
And the risk of that? The New America Foundation's report on drone use in Pakistan noted that the Guardian had confirmed 193 children's deaths from drone attacks in seven years. It noted that for the deaths of ten militants, 1,400 civilians with no involvement in terrorism also died. Not surprisingly, everyone in that region is traumatized: children scream when they hear drones. An NYU and Stanford Law School report notes that drones "terrorize citizens 24 hours a day".
If US drones may first be weaponized with crowd-control features, not lethal force features, but with no risk to military or to police departments or DHS, the playing field for freedom of assembly is changed forever. So is our private life, as the ACLU's Stanley explains:
"Our biggest concerns about the deployment of drones domestically is that they will be used to create pervasive surveillance networks. The danger would be that an ordinary individual once they step out of their house will be monitored by a drone everywhere they walk or drive. They may not be aware of it. They might monitored or tracked by some silent invisible drone everywhere they walk or drive."
"So what? Why should they worry?" I asked.
"Your comings and goings can be very revealing of who you are and what you are doing and reveal very intrusive things about you – what houses of worship you are going to, political meetings, particular doctors, your friends' and lovers' houses."
I mentioned the air force white paper. "Isn't the military not supposed to be spying on Americans?" I asked.
"Yes, the posse comitatus act passed in the 19th century forbids a military role in law enforcement among Americans."
What can we do if we want to oppose this? I wondered. According to Stanley, many states are passing legislation banning domestic drone use. Once again, in the fight to keep America a republic, grassroots activism is pitched in an unequal contest against a militarized federal government.
After yesterdays two posts on gun control I have had the largest number of new subscribers since I started this site. That could be good, or it could be because of trolls waking up to my comments section. If that be the case, then I now know I have pushed the right button in DC. If the new comers are legitimate patriots, WELCOME ABOARD! PLEASE, forward all post to your friends and republish them on your own sites.
December 23rd, 2012 by olddog
Why do I need an assault rifle you ask? I don't need it for hunting. I don't need it for home protection from a single invader, or even two. So I echo the sentiment of many gun control advocates; Why do I need an assault rifle, with a high capacity clip no less?
Here is why. I need an assault rifle because I live under the rule of a government who thinks it has the right to take away my assault rifle; a government who dictates who I can marry, what I can eat, drink, and smoke; a government who uses force to take my money away from me, who charges me rent (property tax) to live in my own home: a government who commits acts of war without the consent of the people, who murders it's own citizens without probable cause or due process; a government who has monopolized the currency with which I can trade my goods and services, then devalued that currency through inflation and taxation; a government which uses the tyranny of democracy rather than the freedom of a republic.
To put it bluntly, I need an assault rifle in the event that I might have to declare my independence from a tyrannical government. I'm statistically unlikely to ever shoot an intruder in my home. I'm statistically unlikely to ever be in the position to stop one of these rare mass killings at a school, as these things happen far less often than the media would have you believe. However, whether you are Democrat or Republican, you can easily find countless instances of the government stepping all over your rights, whether it be on social issues (marriage, gay rights, religious rights, etc.) or fiscal issues (taxation, property rights, business regulations, etc.)
So, how likely is it you will use your assault rifle to prevent a school shooting? Not very likely at all. However, how likely is it that you will need your assault rifle for the purpose of protecting your rights from a tyrannical government? Well, the fact that we are having this conversation not only shows that it is increasingly likely, but it also clearly demonstrates the reason why the right to bear arms is unalienable.
When a tyrannical government uses its assault rifles to take away my rights, it would be beyond immoral to expect me to defend those rights with my grandpa's shotgun. That is why I need an assault rifle.
In even plainer words, I need a 308 assault rifle and 10 30 rd magazine’s, a Rem 870 12 ga. Shotgun with an 8 rd tube, and an H K 45 acp elite with 6 twelve round magazine’s to make the TRAITORS who come to take my wife and I to a detention center pay a price they did not expect. It matters not if I live or die; I just want to make the bastards suffer for being TRAITORS to my country. Being armed, ready and capable of using force to protect my rights is highly preferable to living in a land of pussies, and TRAITORS. Besides that, I want to get my money’s worth from the investment of ten thousand rounds of assorted ammo and all of the other gear it takes to be a living threat to wantabe bad asses in uniform. Uniforms they don’t deserve to wear!
December 21st, 2012 by olddog
By Prof. James F. Tracy
It is now beyond question that the assassinations of John F. Kennedy, Robert F. Kennedy, and Martin Luther King Jr. all involved patsies, additional gunman and perhaps most importantly, mass media complicity to achieve their political ends. Along these lines and in a fashion now characteristic of how such public executions are framed, the observations and analyses of citizen journalists and alternative media suggest how coverage of the Newtown Connecticut school shooting was substantially altered in the several hours and days following the event.
After the 1995 Murrah Federal Building bombing central elements that would help the citizenry make sense of the event, such as unexploded ordnance found in the structure and Timothy McVeigh’s accomplice, were stricken from the official narrative. Along these lines at the probable behest of government authorities a second gunman accompanying Jared Lee Loughner in 2011 was quickly tossed down the memory hole by news outlets covering the incident. Similar reportorial lapses took place at the Aurora Colorado massacre last July where eyewitnesses attested to spotting James Holmes’ collaborators (or handlers) inside the theater.
When the news media act as willing partners in such acts the public becomes an unwitting accessory in its own psychic imprisonment, lulled into the notion that fair play still exists and public servants remain intent on service.
“One of the most important red flags of a staged shooting is a second gunman,” health science and investigative writer Mike Adams observes,
indicating the shooting was coordinated and planned. There are often mind control elements at work in many of these shootings … James Holmes, for example, was a graduate student actually working on mind control technologies funded by the U.S. government. There were also chemical mind control elements linked to Jared Lee Loughner.
Several independent researchers and most recently Infowars.com reporter Rob Dew have over the past few days pointed to evidence strongly suggesting how two additional Sandy Hook shooting suspects were apprehended by police in the minutes following 9:35AM when officers were dispatched to the elementary school.
Recordings of the 911 dispatcher and first responders to the campus all but wholly corroborate initial reports of at least two persons attempting to flee from the scene, with audio evidence of law enforcement officers actually encountering the suspected assailants at around 9:40AM. Excerpts were replayed on Fox News the evening of December 14.
Dispatcher: All units: The individual that I have on the phone is continuing to hear what he believes to be gunfire.
Dispatcher: All units are responding to Sandy Hook School at this time. The shooting appears to have stopped. It is silent at this time. The school is in lockdown.
Dispatcher: I have reports that the teacher saw two shadows running past the building, past the gym, which would be rear ([inaudible] … to the shooting.
Officer: Yeah. We’ve got him … [Voice quickening] They’re coming at me [inaudible] … down the left side.
In the above encounter one suspect is apparently detained by police outside the school and subsequently referenced in an Associated Press interview with a Sandy Hook student who briefly sees the detained man while being evacuated from the school building.
Unidentified student: And then the police like were knocking on the door, and they’re like, “We’re evacuating people! We’re evacuating people!” So we ran out. There’s police about at every door. They’re leading us, “Down this way. Down this way. Quick! Quick! Come on!” Then we ran down to the firehouse. There’s a man pinned down to the ground with handcuffs on. And we thought that was the victim [sic]. We really didn’t get a good glance at him because there was a car blocking it. Plus we were running really quick.
Accompanying aerial footage depicts officers pursuing another suspected shooter in a wooded area outside the aforementioned gym and behind school grounds. They apprehend him and he is seen prone and surrounded by police before being escorted in front of students’ parents to a squad car, an episode recounted by one anonymous bystander interviewed on a local CBS affiliate.
Unidentified Witness: They did walk a guy out of the woods. I saw them walk a guy out earlier with handcuffs. He walked by us and said he didn’t do it.
Reporter: It was a grown man?
Witness: A grown man. Yeah, he’s sittin’ in the front of the police car over there now. So, I mean—
Reporter: He didn’t have a gun?
Witness: No, I didn’t see any gun. [They] just had him handcuffed and he walked by us and looked into the parents eyes and said, “I didn’t do it.”
Reporter: How was he dressed?
Witness: Ah, camo pants with a dark jacket.
Sandy Hook Official Narrative
Such information was carefully expurgated from the official narrative presented by corporate media within hours of the massacre, a storyline Americans are painfully familiar with. Here the 20 year-old Adam Lanza is depicted front and center as the chief culprit of the killing spree. Predictably there is not the slightest reference of additional suspects in ABC News’ representative “timeline” example below.
Reporter Don Harris: 9:40AM: Reports of gunfire at Sandy Hook Elementary
Police Dispatch: “Sandy Hook School. Caller is indicating that she thinks someone is shooting in the building.”
Harris: Police say 20 year old Adam Lanza, seen here as a teenager, wore a bulletproof vest and was carrying at least three semi-automatic weapons, including a rifle.
Alexis Wasik, 8 year old: “Everybody was a little scared crying and I felt, actually, a little sick.”
Harris: Within five to ten minutes the first SWAT teams arrived.
Police Officer: “I need units in the school. I got bodies here.”
Harris: Officers helped to lead several hundred students to a nearby fire station.
[By this time Connecticut law enforcement had apprehended the additional two shootings suspects.]
Ben Paley [student]: “When the policemen came in to get us he told us to close our eyes and—like on the picture on the news—do this [demonstrates hands-on-shoulder position with other child] and run.”
Harris: At 10:30AM President Obama was briefed on the situation while police discovered a second crime scene. The shooter’s mother, Nancy Lanza, who authorities believed may have worked at Sandy Hook at some point, was found dead. Police say Adam Lanza shot her before he stormed the school.
Empowering Myths and Media Manipulation
As the lessons of 9/11 impart, when public knowledge of such horrific events is so woefully deficient the nation’s recollections become the fodder for empowering myths dangerously removed from reality. Devoid of information and effective means for political expression the masses are cajoled to exercise faith and hope in empty promises and an system providing the semblance of empathy, hope and change. Under such circumstances violent calamity, appropriately propagandized by mass media, often provides ample public distraction for decisive political maneuvering.
Journalists capable of exercising a modest degree of autonomy and personal insight would have clearly recognized such leads, thereby extending them to a more rigorous examination of law enforcement spokespersons and the broader Newtown community. Instead, the news media once again wholly abdicated any such responsibility to serve the public by unquestioningly parroting official pronouncements and carefully instructing their audiences on exactly how to interpret the event.
“The anchors are the priests at the funeral before the funeral happens,” journalist Jon Rappoport notes. “They set the stage. They convey to the public the meaning and atmosphere and essence of the whole event. And having done that, there is simply no room for anything that would intrude on this sepulchral mood.”
Behind the meticulously crafted façade a deep vagueness and sorrow remains that cannot be wholly explained away by the made-for-television storyline of an awkward and lagging young man who inexplicably murders his mother, destroys his computer hard drive, gains access to a supposedly high security facility and proficiently executes 26 individuals within minutes. Yet only in an age of almost universal deceit is the public asked to accept such without further inquiry and comment. All the while amidst mass grieving political leaders and public figures showboat their legislative priorities. It is difficult to imagine a more profound marker of an utterly decrepit politics and civil society than the shallow and unquestioning media that churns out a monochromatic worldview while giving adherents the insidious impression of being informed.
 Mike Adams, “Newtown School Shooting Already Being Changed by the Media to Eliminate Eyewitness Reports of a Second Shooter,” Natural News, December 16, 2012.
 Rob Dew, “Evidence of 2nd and 3rd Shooter at Sandy Hook,” Infowars Nightly News, December 18, 2012, http://www.youtube.com/watch?v=8nCFHImNeRw. A more detailed yet less polished analysis was developed by citizen journalist Idahopicker, “Sandy Hook Elem: 3 Shooters,” December 16, 2012.
 Fox News, “911 Call Dispatch Audio Reveals Police Response to Sandy Hook School Shooting,” December 14, 2012, http://www.youtube.com/watch?v=16AfZXH33eQ
 Associated Press [difficulties with url below], “Raw: Student Describes Scene at School Shooting,” December 14, 2012, http://www.youtube.com/watch?v=orGjK5q6vGc&list=PLnwt1fUa-EVjR5nrBhKdQEXattQ_76dK9
 CBS News, “Sandy Hook Elem: Two or More Shooters,” December 14, 2012, http://www.youtube.com/watch?v=dhwm6z3PQWU
 ABC News, “Newtown Connecticut Shooting: Timeline of Events at Sandy Hook Elementary,” December 15, 2012, http://www.youtube.com/watch?v=S8GINzldb-Y
 Jon Rappoport, “Lanza, Bloomberg, Obama, Guns, Psychiatric Meds, and Mass Hypnosis: The TV Script,” JonRappoport.Wordpress.com, December 15, 2012.
Copyright © 2012 Global Research
December 19th, 2012 by olddog
By Melissa Melton
Although the tragic, senseless murder of 20 children in a Connecticut shooting last Friday has been hyped to demonize the 2nd Amendment, is it possible to ban everything that causes children harm just because one sick person decides to commit a heinous crime?
According to the National Center for Health Statistics, firearm homicides account for 2.7 child deaths (which includes all children under the age of 19) per 100,000 people here in America. To put this statistic in perspective, motor vehicle injuries account for nearly three times as many deaths at 8.1 children per 100,000. School bus accidents have killed whole classes of children in one fatal moment, but no one is clamoring to ban cars and school buses.
The 2011 F.B.I. Uniform Crime Report actually shows that American violence is down across the country. Violent crimes such as murder have officially dropped for the 5th year in a row; the number of American murders is now the lowest it has been in more than 40 years.
Children are the most fragile members of society. Unfortunately, history shows that gun bans do not stop mentally disturbed people from finding ways to commit school massacres.
Private ownership of guns is banned in China and almost completely forbidden in Japan. Over the years, gruesome mass school stabbings have become a familiar happening in those countries. In June 2001, a former janitor diagnosed with numerous mental disorders entered an Osaka elementary school and began stabbing children and teachers. He ultimately killed eight children and seriously wounded another 13 before he could be stopped. The crime reportedly took place in only ten minutes.
A Chinese man stabbed eight children to death as they were waiting for their parents outside an elementary school in March 2010. Elsewhere in China the following month, a man broke into a primary school and stabbed 18 students and a teacher. The very next day, the nation mourned when a man locked himself inside a kindergarten class with a knife and committed what was dubbed a copycat crime. Four more children died that day, and another 28 were wounded, including five left in critical condition.
In fact, just hours before Adam Lanza broke in to Sandy Hook School in Newtown, Connecticut and opened fire, another man walked into a Chinese elementary school armed with a kitchen knife and stabbed 23 children, reportedly because he was “psychologically affected” by the Mayan calendar predicting the end of the world. Reports claim some of these children were found to have had their ears and fingers cut off. This terrible scene is starting to become a common occurrence.
Knives are useful tools for many things, but the UK has banned carrying a knife in public “without good reason” unless the blade is three inches long or less. UK hospitals are not required to report knife-related crimes like gun crimes there, so there is no official reliable data on them. Still, should we ban knives here too, just in case?
While the Connecticut massacre is horrible, it is not the worst school massacre in American history. In 1927, a man decided to bomb a school in Bath Township, Michigan, ultimately killing 38 elementary children before killing himself in the final of three explosions. In his insanity, the man was able to murder nearly 40 children at a school with a single weapon, no gun involved. Nearly 170 children died in the 1995 Oklahoma City bombing, as the Alfred P. Murrah Federal Building included an onsite daycare, again, no gun involved.
Hands are used to set incendiary devices. Should hands be banned?
According to the Centers for Disease Control and Prevention, drowning is the leading cause of death for children under the age of four and the second-leading cause for children between ages one and 14. Water kills lots of children every year. Should we ban water?
More people get fat with the aid of a fork and spoon than any other object, and obesity has been found to cause detrimental health effects that can lead to death. Should we ban eating utensils? After all, New York City Mayor Michael Bloomberg, who has now launched a campaign against guns, has already banned large sugary drinks.
The National Safety Council reports that more people die of intentional self-harm each year than either autoaccidents or assault. Should we ban ourselves?
Gun control has been shown to increase crime. Not to make light of the Connecticut tragedy, but where does it end?
The Transportation and Security Administration‘s (TSA) business is groping Americans and treating us like criminals. We are guilty until proven innocent every time we want to fly, even though the agency has never stopped a single terrorist. Harrowing stories of the TSA abusing people at the airport flood the news all the time. Is this illusion of safety keeping us safe?
Our criminal government is armed to the teeth. Banning guns will mean criminals and the criminal government will be the only ones left to have them. Banning guns will definitely infringe on the right of the people to keep and bear them.
But if we are going to ban firearms, here’s another statistic: our president’s off-the-record drone strikes have killed over 170 children in Pakistan alone. Can we ban drones? (Can we ban Obama, too?)
If a psychologically unwound person snaps and decides to harm helpless children in mass, they target a school for obvious reasons. America’s schools are already gun-free zones, a fact that has not kept mass shootings from occurring there. Criminals are criminals because they do not abide by society’s laws. In many cases, a lot of planning goes into these mass killings. Gun or no gun, these people are not deterred from carrying out such random horrible acts.
A 2006 Harvard study titled, “Would Banning Firearms Reduce Murder and Suicide?” exhaustively reviewed American and European firearm laws and found no correlation between gun ownership and violent gun crimes. Instead, evidence showed that murders and suicides were usually based upon social, economic, and cultural factors regardless of weapon availability. Data also showed that the nine European nations with the most private gun owners had three times fewer murders than the nine nations with the lowest rates of gun ownership.
As for the blatant anti-gun agenda now being foisted upon us on nearly every news channel in the wake of the Sandy Hook School shooting, none of it is about keeping our children safe. It’s ultimately about taking away our rights and the government maintaining its power and control over the people.
Like Rahm Emanuel said:
“Never let a good crisis go to waste.”
Attorney General Holder says,
"WE HAVE NO RIGHT TO POSSESS GUNS."
Guess they were not happy with the poll results the first time, so USA today is running another one…Vote now…
Attorney General Eric Holder, has already said this is one of his major issues. He does not believe the 2nd Amendment gives individuals the right to bear arms. This takes literally 2 clicks to complete. Please vote on this gun issue question with USA Today. Then pass the link on to all the pro-gun folks you know. Hopefully the results will be published later this month.
Here's what you need to do:
First – vote.
Second– Send it to other folks,
then we will see if the results get published.
TAKES 3 SECONDS … DO IT AND PASS IT ON.
Click to vote:
December 17th, 2012 by olddog
"Solving" mass shootings by starting a civil war. Yes, by all means, let's have a 'serious discussion' about more firearm rights restrictions.
By Mike Vanderboegh
It is the Sunday following the Connecticut massacre of innocents. All the usual suspects of the citizen disarmament lobby are on the talking head shows demanding a "serious discussion" about further proscribing the rights of American firearm owners. They are demanding, among other things:
1. A ban on private sales of firearms without first obtaining the federal government's permission. (This would mean that before a grandfather could hand a family heirloom to his son or granddaughter that he would have to get the government's permission to do so.) No one, and I mean NO ONE, would be able to legally transfer a firearm to ANYONE with first being entered into the government's database. This is what the antis call a "reasonable restriction." It also happens to be an infringement of individual rights that the Founders would have considered a casus belli, for not even King George the Third was so grasping.
2. A ban on "large capacity magazines", which seems to be anything over 10 rounds. The reasoning behind this is that "no one needs thirty rounds to hunt a deer," the so-called "sporting purpose" written into the 1968 Gun Control Act by Senator Thomas Dodd who apparently lifted it from the Nazi weapons law of 1938 (Dodd was a Nuremberg trials prosecutor). The Founders would have found this to be silly, for the Second Amendment is not about the right to bear arms to hunt game but rather to resist tyrannical government. Thirty round magazines come in handy for that.
3. A new "Assault Weapons Ban" like the 1994 law which was neither about "assault weapons" (those are, by definition, full automatic which can empty the magazine with a single pull of the trigger) nor was it a ban, since it merely regulated cosmetic features on military-style semi-automatic rifles (which fire one shot per pull of the trigger) and it grandfathered in all existing so-called "assault weapons," presumably because they knew that a confiscation bill would be resisted by force. Indeed, in the run up to the passage of the AWB, millions of such riles were domestically produced, imported and sold. This time, we are assured by the antis that not only will the new bill be "tougher" but that it will exempt several hundred semi-automatic rifles by name that are used for "sporting purposes." This is an attempt (and it may well work) to split off the hunters from the collectors of evil, black military-style semi-automatic rifles. How the bill will do these two seemingly mutually exclusive things is at this writing unexplained.
The fact that the weapons used to kill the little children and their teachers at the school were stolen from a legal owner in a state which strictly regulates firearm ownership (who was a crime victim herself) and that, like almost all mass shootings took place in a woefully-misnamed "gun free zone" (more like a criminal empowerment zone), makes no difference to the antis, whose only "solution" is to force lawful gun owners to surrender more of their rights. Within hours of the tragedy of unspeakable evil, these people were out in the media, social and traditional, dancing in the blood of the victims to make their points that the rest of us should submit to further circumscription of our God-given, inalienable traditional rights to liberty and property.
So now they are demanding a "serious discussion" about firearms, which translates into jaw-boning the weak-kneed GOP leadership in the House and Senate to agree to one or more of their proposals as outlined above. Yes, by all means, let's have a 'serious discussion' about more firearm rights restrictions.
My contribution to this "serious discussion" is this question that I would like the antis to answer up front: What do they intend to do with the millions of us "bitter clingers" who will disobey any more such laws? If they pass the "gunshow loophole" bill, we will simply host out own without background checks and defy the federal government to do anything about it. If they ban large-capacity, I can guarantee you that they will soon be turned out by the million in thousands of metal-working shops around the county. (Didn't anyone learn anything about Prohibition?) If they "ban" military-pattern semi-auto rifles, the same thing will happen. The only thing is, that if you make the punishment for possession of a previously-legal semi-automatic rifle (that he can no longer legally obtain) a felony, isn't that incentivizing the home gun maker to turn out small, concealable machine guns? You will have already made him a felon. What then does he have to lose?
So I'd like the antis to answer up front before their "serious discussion" — How many of us are they willing to kill to achieve their avowed purpose? A hundred thousand? A million? Two? Ten?
You may pass a law, but how will you enforce it? And, again, how many of us "bitter clingers" are you willing to kill in the process of this civil war you propose?
TO LIBERAL AMERICA, I SAY, DIVIDED WE STAND, AND DIVIDED WE’LL STAY
There are two types of gun control advocates, the intelligent manipulators of society, and the stupid assholes who believe their propaganda.
If a bunch of uneducated rag heads can convince one of their people to blow their ass up and kill a bunch of their enemies in the process, what’s to stop our rabid C.I.A. from programming some disturbed idiot to kill a bunch of children? And who in their right mind would believe the media’s presentation of the events surrounding this tragedy? I have yet to see a more staged event than this one, and the ignorant public lap’s it up, like its free candy.
Listen up folk’s, if our manipulators could cause the twin towers to pan-cake and convince an ignorant public it was done by 19 rag-heads with box cutters, killing a bunch of children in a secure building is a piece of cake for them. It was a no-risk exercise from the get go. Please crawl out of your ass and think for a minute. How many wars have they started and made you believe we were heroes for killing the other side’s civilians, including their children? What is so special about our children, and not other countries children? You don’t get all upset when our drones kill and mutilate their children do you. Just wait until they unleash their drones on your children. Can you not visualize one of those death instruments hitting one of your local kinder-gardens? Are you still so ignorant to believe America is the shinning light of society? The land of the free, and the home of the brave?????? Wake the hell up!
Instead of demanding, the butchers in D.C. steal our self-defense weapons, or limit us to muzzle loaders, how about doing a little research and learning what’s really going on in D.C. When TSHTF and starving hordes of scumbags break into your homes and rape, kill, and steal all you have, you will be glad to have someone with assault weapons living next door. In fact, you will be begging us to protect you! We will remember those who wanted the pigs in D.C. to steal our weapons and ammo, and leave us defenseless like you. Those who do not have the guts to protect their own families will sing a different tune then, and we will tell you to go piss up a rope. Never think we will give up our weapons like the stupid Australians’ did. IT WON’T HAPPEN! We would rather have the chance to kill those who come for our weapons, than lay down like a bunch of cowards like you. Dying while protecting what is mine is a hell of a lot better than living with the fear that you do. We are not your enemy, your government, and the media industry is your enemy. Why would you destroy your last chance to survive?
Never think that this diatribe is evidence that I don’t grieve for those children, because I do, and also for their parents and other family members, it’s just that I am so infuriated at your lack of common sense.
How in the hell could you be so stupid as to throw away your freedom from tyrannical governance? How could you be so naive as to think all will be well if no one had a gun? Have you ever seen a person who has been chopped up by a machete, or beaten to a bloody mess with a baseball bat? Remember, you are the jerks who believed 19 rag-heads hijacked those planes with nothing but box-cutters.
All of this self-defense aside, the founders real intent was for the people to be able to defend their self from their government, which is something that has come to pass in America. We will die fighting for our freedom, and consider it an honor. You on the other hand will kiss their ass, and thank them for eliminating those of us with the balls to call you cowards. You are a hopeless bunch of wimps, with the intelligence of a rat, and as long as we both inhabit this country there will be no peace! I pity you!
As for you scumbags in law enforcement and military who will come for us, there is no lower life form than you!
December 14th, 2012 by olddog
By Ron Holland
"You know what they want? They want obedient workers. Obedient workers, people who are just smart enough to run the machines and do the paperwork. And just dumb enough to passively accept all these increasingly sh–ty jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and vanishing pension that disappears the minute you go to collect it, and now they're coming for your Social Security money. They want your retirement money. They want it back so they can give it to their criminal friends on Wall Street, and you know something? They'll get it. They'll get it all from you sooner or later cause they own this f–king place! It's a big club, and you ain't in it! You, and I, are not in the big club." – George Carlin
Although George Carlin's often-crude language can upset some, given his understanding of the world we live in the "shock" value is necessary to get his point across, that a tiny elite intends to control and manage the world like a global plantation and we are their slaves. His curse words cannot begin to describe the intensity of the anger and outrage you should feel at what they have done and will do to you, your family and future generations around the world if their one-world plans are successful.
Anthony Wile ignited a firestorm of controversy yesterday with his editorial relating to this, entitled "Elite Neo-Nazis … Is Russia Today (RT) Part of the Controlled Media Matrix and the Imposition of Global Government?" published here at The Daily Bell.
I wish to make two important points. First, all major media outlets are by necessity and survival part of the Controlled Media Matrix. Otherwise, they would not continue to exist. Second, there are historical reasons why major media concerns and governments outside the direct control of the Anglo-American establishment act in one accord, with only minor differences based on their own governments and media markets.
The wars, destruction and upheavals of the 20th century were a product of elite actions. From the Great Depression, to the German concentration camps, to Pearl Harbor, to the holocaust against the defenseless people of Dresden, to Hiroshima and Nagasaki, all were a direct consequence of their manipulations and actions. Russia, then the Soviet Union, actually suffered more than any other nation in the conflict, as the rest of the world was but a sideshow to the massive fighting between Communist Russia and Nazi Germany. It is also important to remember that Mao in China killed somewhere between 50 and 78 million people and Stalin in the Soviet Union murdered perhaps 20 million.
For example, total war dead including military and civilians is somewhere just under 80 million people. The Soviet Union lost 23 million, Germany lost just under 7 million, the United Kingdom 450,000, America 418,000 and China between 10 and 20 million. Considering both national socialism and communism were funded and promoted by Western financial elites, it would make sense for the Russian leadership and media to avoid this trap again.
It is for this reason that I concur with Anthony Wile that RT is almost certainly part of the Controlled Media Matrix. Why should Russia end up on the losing side again? Say what you want about Putin but he is in no uncertain terms a Russian patriot and he surely concurs that almost 50 million deaths in a 1917 and 1940 population of about 180 million is too high a price to pay for being manipulated by Western elites. The same goes for China.
But it is important to remember that the controlled media matrix is really everywhere of influence in the world and although the point of view changes to fit population and cultural attitudes, the goals are the same. That goal is the advancement of world government and the power, wealth and control by a few over a world population approaching 7 billion people. Liberty, free-market thinking or even the well being of people, as George Carlin pointed out so well, are merely an afterthought, if that. It really doesn't matter whether one considers CNN and all the other US media, theBBC, RT or Al Jazeera – all by control or necessity are part and parcel of the controlled media matrix.
So when Washington claims the thousands of Arab civilians killed by US and Western military actions or manipulated governments that are overthrown by Western powers in the Middle East are the "collateral damage" of war, they really mean what they say. Compared to the deaths of 37 million in the first World War, 80 million during World War Two and 70 to 100 million at the hands of Stalin and Mao – plus the 50 million in the Spanish Flu epidemic that followed World War One – today the world is a peaceful place in comparison.
Therefore, it is prudent for RT, other news outlets and politicians outside the US not totally under the control of the Western elites and media establishment to hedge their bets on the future of a fascist style global government. Certainly if history is a guide, the one-world/global government crowd will ultimately win.
Besides, any group that has instigated and been the cause of the indirect death of tens of millions yet escapes retribution while making profits from such death and destruction is certainly not to be trifled with. After all, they write the history and current propaganda as well as control public opinion and explain and manage current events. The media matrix is like a maestro leading a finely tuned orchestra – or at least they were until the advent of the Internet Reformation and alternative Internet media.
All of this happened on a tiny scale in the United States in my region of the country where Lincoln's War killed over 600,000 Americans, a fact that is swept under the rug into a dark hole of history. Most people think of Lincoln as "the great liberator" when, in fact, this is total media propaganda. The latest Lincoln movie, receiving wide acclaim, is just the most recent move in this ongoing propaganda effort.
The power elite has utilized their monopoly control of the media and historians to direct history and current events very convincingly. World War Two is another of the usual memes and promotions, as can be seen from these death statistics that are never examined.
To again quote George Carlin in closing (and I apologize for his language): "They'll get it all from you sooner or later cause they own this f–king place! It's a big club, and you ain't in it! You, and I, are not in the big club." They intend to take your wealth, benefits and jobs along with any remaining liberties and rights because they truly believe they own the world and we exist for little reason other than to work on the plantation and then purchase from our meager wages what they tell us to buy while they take the rest. Most of the overseers and small-time thugs (local and regional politicians) believe the goal of total world domination will be achieved so why not join the winning side?
Anthony Wile and The Daily Bell, along with a growing number of leaders in the liberty movement and our Foundation for the Advancement of Free-Market Thinking believe free people everywhere still have an opportunity, because of the Internet Reformation, to thwart this rapidly advancing takeover of our freedoms and liberties. We believe their move to hurriedly establish global governance is based on their fear of the news, history and truth the Internet can provide, immediately and worldwide, that threatens their goals and even their very existence.
We will not freely submit nor go quietly into the night in order to exist, as many of the people of Russia, China and Germany did, hoping the tyranny will pass us by. We would fight this New World Order and coming global tyranny even if we had no chance at victory because we owe this to our families and to our personal honor and integrity as free men and women. We will never surrender and wait for the knock on the door or permanent imprisonment in the Gulag, whether it be in Siberia, the concentration camps of World War Two in Eastern Europe, in the Western US for Japanese Americans or in Guantanamo Bay today.
Anthony Wile may be the first to declare his opposition to RT, one of many news leaders in the media matrix outside of the United States, but he certainly will not be the last. I congratulate Anthony on his courage, leadership style and willingness to be first, yet hope thousands and millions will follow his actions against all of the media elite institutions. This is one step in a long battle to break free of the chains of ignorance and propaganda that bind us all.
December 12th, 2012 by olddog
by Staff Report
Catcher in the Rye dropped from US school curriculum … Schools in America are to drop classic books such as Harper Lee's To Kill a Mockingbird and JD Salinger's Catcher in the Rye from their curriculum in favor of 'informational texts'. American literature classics are to be replaced by insulation manuals and plant inventories in US classrooms by 2014. A new school curriculum which will affect 46 out of 50 states will make it compulsory for at least 70 per cent of books studied to be non-fiction, in an effort to ready pupils for the workplace. – RT
Dominant Social Theme: Telling stories is so "last year."
Free-Market Analysis: Fahrenheit 451 and other books about censorship got it wrong. The powers-that-be don't want to ban books, they want to ban STORIES.
This is the inescapable conclusion for those of us who believe in directed history. Over the past decade of covering the world for various proprietary blogs, it's become clear to us that most human events are manipulated by a small, sociopathic elite that controls central banking around the world.
Whether such control existed in previous millennia we are not in a position to say. But it would be our perspective – avoiding a discussion of past civilizations – that the overt control of Money Power has been growing, not diminishing, of late.
Of course, perhaps these things go in cycles. In that case it is our misfortune to live at the very apex of one such cycle and our good fortune to see – thanks to the Internet Reformation – that it is ending.
How do we know it is ending? Because the top elites are increasingly turning to the bluntest weapons in their fight to maintain power. Economic depression, military conflict and authoritarian democracy are all modern tools of repression and control. The idea is to create world government and nothing is to stop that progression.
By far the most ubiquitous method of control and persuasion is what we call the dominant social theme. This is usually a scarcity-based meme disseminated by the power elite via its controlled think tanks, media and universities and then acted on via its globalist facilities and political methodologies.
Scarcity–based memes are STORIES aimed at the middle class and designed to frighten people into giving up wealth and power to specially designed internationalist institutions. Food, water and energy scarcity along with overpopulation and various military and terrorist "threats" are the favorite tools of the top elites. None of the disseminated tales are true.
But it doesn't matter whether they are true or not. The propagation and saturation of these stories – fables – are most important to the narrative that the elites want to establish.
The chief narrative is that of the "small world." The world is to be seen as inevitably becoming "one." It is an ineluctable ascension to be desired and nurtured. It is, of course, for this reason that all talk of previous high civilizations is squelched. Whether they existed or not is not debatable, as the debate will never be held.
There is only one civilization. It was launched 5,000 years ago and world government will be its crowning glory.
This is the story. This is the narrative. There cannot be any other. And it is not enough for the elites to control the CONVERSATION. Now, apparently, they want to control the story line, as well.
Of course, one could argue that with books like Catcher in the Rye they control the story line anyway. But apparently, informal control was not enough. Now the control is to be formalized. If stories are to be written, they will be written by approved authors. If they are to be read, it will be within a predetermined cordon sanitaire.
There are to be no other gods but the god of the single story – the ONE … the single, all-encompassing plotline leading inevitably towards a gaily decorated single world with one ruling, elite authority. After which, from what we can tell, genocide will begin in earnest. Here's more from the RT article:
Books such as JD Salinger's Catcher in the Rye and Harper Lee's To Kill a Mockingbird will be replaced by "informational texts" approved by the Common Core State Standards.
Suggested non-fiction texts include Recommended Levels of Insulation by the US Environmental Protection Agency, and the Invasive Plant Inventory, by California's Invasive Plant Council.
The new educational standards have the backing of the influential National Governors' Association and the Council of Chief State School Officers, and are being part-funded by a grant from the Bill & Melinda Gates Foundation …
Supporters of the directive argue that it will help pupils to develop the ability to write concisely and factually, which will be more useful in the workplace than a knowledge of Shakespeare.
Poor Bill Gates! A man who once dreamt of controlling his own US$100 billion fortune, he was attacked by the US government over a putative monopoly and then stripped of control of his resources and even his professional aspirations by a banking elite that will not tolerate any other monetary control but its own.
This is the reason its button man, Warren Buffett has been going from wealthy individual to wealthy individual like a honey bee, seeking to sip the sweet nectar of their vast good fortune by suggesting full scale donations to charities he controls. It is not an eleemosynary exercise but one of confiscation.
The top elite controls trillions but mere billionaires are not to be allowed. They must "give back" to the community. You see, in the brave new world of the Elite Narrative, a mere billionaire is nothing but the lowliest peon, someone to be efficiently reduced to penury. He or she is not to leave funds to family but instead to worthy charities and reputable causes.
This is what Bill Gates now confronts. After building one of the most successful companies in the world he now finds himself denuded of his fortune while his name is attached to the blackest kind of medical engineering via vaccinations and now – if this article is correct – the initiation of purposeful illiteracy.
It is ever thus these days. Cross the top elites and they will efficiently strip you of your resources and then blacken your name by association. They do this by manipulating the sociopolitical and economic narrative. This is why storytellers are in such demand and why the ability to tell a convincing story is a ticket to wealth, fame and power in the modern day.
It is why such tales are ever more strictly controlled, as well. Copyright and other legal engineering is brought to bear to ensure that the narratives produced and disseminated are the approved ones.
It is for this reason what we call the Internet Reformation has been such a setback to the power elite. The carefully crafted universe that has descended on the world like a gigantic bubble has been pricked. As it has collapsed, truth has leaked in.
We try to purvey some of that truth every day and so do others. We would even argue a critical mass has been reached and there is nothing much the elites can do to control the narrative anymore. They are trying, too, of course. But as happened with the Gutenberg press, once the truth emerges it tends to sweep the field.
It must be a waking nightmare for the top elites. Much of the progress of the past century has been undone. Memes have been exposed. Promotions have been capsized.
Terror and intimidation are going to have to be substituted for mind control and promotional suasion.
And, of course, censorship, too. The narratives of modern civilization are now seen as too powerful to be left in the hands of amateurs.
It's kind of pitiful, actually. It has no chance of working. Tale telling is as powerful a drive as sex or hunger. It cannot be controlled by regulation or a change in curriculum.
Conclusion: It is a testimony to their desperation and a further affirmation of the power of the Internet Reformation.
Let the reader beware! There will be no let up in media manipulation, and without the people participating in the internet reformation, the elite will use government to control what you can learn, and what they are doing to us. Get involved, and forward the Daily Bell and other news sources to your friends and family.
December 6th, 2012 by olddog
by Staff Report
UN Unveils New World Water Website: Promises 'Sustainable' Management … On Monday at World Water Week UN-Water and UNESCO unveiled the new website for the International Year of Water Cooperation and World Water Day 2013. The site features a contest open to all, to come up with a slogan for the international year, with the author of the successful entry winning a trip to Paris for the 2013 Kick Off Event. – UN Website
Dominant Social Theme: We want to be your friend. So have a drink before we poison you.
Free-Market Analysis: We recommend everyone who is interested in such things go to the new UN World Water website to see how far the UN has come in terms of promoting a kind and friendly modern face.
This is the "new UN" – cheery, concerned and personable. Its dizzying array of websites are in a sense serial works of art.
We think we can sense anger and frustration behind them. The power elite that we track was very slow to understand what we call the Internet Reformation. And now they are participating with a vengeance. The cheeriness is forced. The calls for "sharing" are issued behind gritted teeth.
You see, the word has gone out. The Internet has already done its work. Millions are educated about directed historyand understand the truly authoritarian intentions of Money Power. World government we shall have, one way or another, if elite plans come to fruition … The inculcation of the globalist meme is purveyed via power elite dominant social themes.
When we analyze the new UN water website, we see the subdominant social theme of "social media" is being purveyed. One is urged to use "social media," including Twitter, Facebook and YouTube to make one's "voice heard."
We're not big fans of social media. Social media is a great way of controlling what's on the Internet because social media is created by a single owner that can adjust content and even remove it if it does not conform. We believe in blogs and independent websites. These, too, are in a sense controlled but somewhat less so. It's not as easy.
When it comes to social media, we've watched the elites and their Intel facilities create and monitor these facilities. There is a reason they actively encourage their use.
On the website, as well, there is talk of "stakeholders" – as if one can have a meaningful stake in something one neither owns nor controls – and cheery encouragement to "make your voice heard."
The new website (and others like it) truly oozes concern and caring. It is easy, therefore, not to remember that the people behind this website are the same ones that authorized the use of depleted uranium weapons in Iraq and Afghanistan. The depleted uranium has caused so many birth defects in Iraq that in certain regions women are still reportedly advised by doctors not to have children.
The US stands behind the UN and provides a large part of its budget. But the Pentagon continues to obfuscate regarding depleted uranium, which in the view of senior military officials, provides an important technological advantage in terms of firing weaponry.
One should also keep in mind that the same elite complex continues to insist that vaccines are safe for everyone when it is evidently and obviously not true.
And of course, more ludicrously, there is the global warming meme: The air we breathe is dangerous! Some of it must be extracted and buried in the ground at great cost or we will somehow simultaneously burn up and starve at the same time.
Or maybe global cooling is on the way … So hard to remember.
But we can be sure that the climate will change. And it will be BAD. And only the UN and other globalist enterprises can fend off disaster. That's very clear from reading websites such as this one.
Here's some more about the new and improved UN water website and the upcoming "World Water Day" …
International World Water Day is held annually on 22 March as a means of focusing attention on the importance of freshwater and advocating for the sustainable management of freshwater resources.
An international day to celebrate freshwater was recommended at the 1992 United Nations Conference on Environment and Development (UNCED). The United Nations General Assembly responded by designating 22 March 1993 as the first World Water Day.
Each year, World Water Day highlights a specific aspect of freshwater. Coming soon in this section of the website, we will present a brief overview of the different themes that have been the focus of World Water Day celebrations.
The UN has been around for 60 years, at least. We are watching it grow and change before our eyes. It is truly where the "open conspiracy" to create global governance now resides.
Everything that is done at the UN takes place in groups of 40 and 50 countries at a time. And the intimidated and thuggish rulers of these countries are constantly issuing fatuous statements supporting each authoritarian endeavor.
The UN's language is always the same as well. Words like "sustainable" are mentioned with very specific intentions. Everything about the rhetoric and presentation of the "new UN" rhetoric and 'Net presentation is immensely authoritarian if you look beneath the surface.
The UN is kept in business by creating phony problems, mostly built around scarcity. Thus, if the UN is promoting "fresh water" you can be sure behind the scenes UN officials are actually working to make fresh water scarcer. Then they will try to regulate it.
Conclusion: Eventually, life's necessary resources may only be available to those who conform to the new world being built before our eyes.
Nothing less can be said about the U.N. than, it is the most diabolical organization in the history of humanity. Only the International Banking Cartel who is responsible for its creation is a lower form of Homo sapiens. They have no other purpose than total domination of planet earth. I pity the absolute idiots who support them.
December 3rd, 2012 by olddog
by Staff Report AT THE DAILY BELL
Goldman Sachs' Global Coup D'etat … When the people of Greece saw their democratically elected Prime Minister George Papandreou forced out of office in November of 2011 and replaced by an unelected Conservative technocrat, Lucas Papademos, most were unaware of the bigger picture of what was happening all around them. Similarly, most of us in the United States were equally as ignorant when, in 2008, despite the switchboards at the US Capitol collapsing under the volume of phone calls from constituents urging a "no" vote, our elected representatives voted "yes" at the behest of Bush's Treasury Secretary Henry Paulsen and jammed through the biggest bailout of Wall Street in our nation's history. But now, as the Bank of England, a key player in the ongoing Eurozone crisis, announces that former investment banker Mark Carney will be its new chief, we can't afford to ignore what's happening around the world. Steadily – and stealthily – Goldman Sachs is carrying out a global coup d'etat. – Thom Hartmann and Sam Sacks, Truthout.org
Dominant Social Theme: Watch out for this most powerful of all firms. It is the octopus of Wall Street.
Free-Market Analysis: Here's another meme, in our view. It's one we've fought against for a long time. It is the idea that Wall Street and private enterprise generally are malicious and ought to be confronted by government and heroic politicians.
That's the dominant social theme. The subdominant social theme would be more along the lines of Goldman's influence is spreading around the world. No firm is more evil, according to some, than Goldman.
From our point of view, this is not quite true. As we try to mention regularly, the power in finance lies with central banks. The securities industry and commercial banks are mere appendages of Money Power that resides in its fullness within the Federal Reserve, Bank of England, etc.
There are over 150 central banks in the world, most supervised in one way or another by the Bank for International Settlements. Someone put this gigantic financial entity in place. Someone supervises it.
And it wasn't Goldman. No, there's a power elite, in our view, that controls central banking and uses its impossible wealth to promote global governance.
Seen within this context, Goldman Sachs is merely one more tool in a global kit bag. Its operatives are merely more highly paid mercenaries. Not everyone agrees with this perspective, of course. Here's more from the article:
There's one tie that binds Lucas Papademos in Greece, Henry Paulsen in the United States, and Mark Carney in the U.K., and that's Goldman Sachs. All were former bankers and executives at the Wall Street giant, all assumed prominent positions of power, and all played a hand after the global financial meltdown of 2007-08, thus making sure Goldman Sachs weathered the storm and made significant profits in the process …
As Europe descends into an austerity-induced economic crisis, Goldman Sachs's people are managing the demise of the continent. As the British newspaper The Independent reported earlier this year, the Conservativetechnocrats currently steering or who have steered post-crash fiscal policy in Greece, Germany, Italy, Belgium, France, and now the UK, all hail from Goldman Sachs. In fact, the head of the European Central Bank itself,Mario Draghi, was the former managing director of Goldman Sachs International.
And here in the United States, after Treasury Secretary and former Goldman CEO Henry Paulsen did his job in 2008 securing Goldman's multi-billion dollar bailout, he was replaced in the new Obama administration with Tim Geithner who worked very closely with Goldman Sachs as head of the New York Fed and made sure Goldman received more than $14 billion from the bailout of failed insurance giant AIG.
What's happening here goes back more than a decade.
In 2001, Goldman Sachs secretly helped Greece hide billions of dollars through the use of complex financial instruments like credit default swaps. This allowed Greece to meet the baseline requirements to enter the Eurozone in the first place. But it also created a debt bubble that would later explode and bring about the current economic crisis that's drowning the entire continent. But, always looking ahead, Goldman protected itself from this debt bubble by betting against Greek bonds, expecting that they would eventually fail.
Ironically, the man who headed up the Central Bank of Greece while this deal was being arranged with Goldman was – drumroll please – Lucas Papademos.
This is very interesting! We've been writing for about a year that these loans were thinly disguised bribes. We pointed out that bankers were not THAT stupid, and they surely must have known what they were doing. They provided these loans, easily pilfered, to European elites who then made sure to deliver their countrymen to theEuropean Union.
But to believe that Goldman itself orchestrated such a plan is fairly ludicrous, in our view. Goldman was just one more cog in a wheel, albeit a big one.
The article quotes the lefist DailyKos as follows: "The normal scenario usually involves helping a nation hide a problem and sell its debt until the problem blows up into a bubble that bursts in a spectacular way…Goldman Sachs then puts their 'man' into a position of power to direct the bailouts so that Goldman gets all its money back and more, while the nation's economy gets gutted."
The article then asks, "Why, despite mountains of evidence, have banksters at Goldman Sachs and other Wall Street institutions not been thrown in jail for defrauding customers, manipulating LIBOR interest rates, and throwing thousands of Americans out of their homes illegally in a massive robo-signing scandal?"
You see where this is going, dear reader? We've predicted it already. This language is symptomatic of the George Soros-controlled Occupy Wall Street movement. The idea is to whip up resentment between the wealthy and everyone else. And then to put some people in jail. It will hardly matter who. The idea is to create a bloodlust and then slake it. The REAL criminals are to be left untouched.
Here is how it may work … Once people have been whipped to a fever pitch, US President Barack Obama will suggest a neo-Pecora hearing. The last such hearing, in the 1930s, resulted in the evisceration of Wall Street's capital-raising mechanism. This time, Wall Street and the banks will be entirely ruined. There will be nothing left of the market. Nothing left of the ability to raise money … except by the most powerful of elites.
This is where these people are headed. The rhetoric is intentional. Instead of blaming the power elite, the idea is to blame Wall Street. This allows the top elites to pass MORE regulation, effectively choking off the ability of ANYONE to create significant capital without elite approval.
We're not endorsing Goldman or modern Wall Street, by the way. The modern banking system is a despicable agent operating at the behest of the powers-that-be. But Wall Street – and Goldman – are not where the power resides. It evidently and obviously goes much higher than that.
Conclusion: Get rid of Goldman and nothing will change. Get rid of modern, monopoly central banking and everything will.
December 2nd, 2012 by olddog
"Since a politician never believes what he says, he is quite surprised to be taken at his word." – Charles De Gaulle
In my home country, the United States, we are watching the German and EU austerity demands destroy economies, social structures and entire nations all to protect the leading banking elites and their profits. In 2013 the false meme of austerity is also coming to the United States. Leading GOP politicians are now announcing plans to break their No Tax pledges just as we warned they would. After all, the word and honor of all but a very few senators and house members means nothing once election season ends.
Of course, common sense tells us that all governments need to spend and borrow less but they never will. After all, the long running recession/depression of the West means less tax revenue to governments because the taxable income of individual citizens is down dramatically.
The austerity meme is the false crisis solution being propagandized by the power elite in order to build public support for benefit cuts and wealth confiscation. This fake austerity solution sounds reasonable but it isn't because governments will continue to spend and borrow. They plan to make up the difference by cutting government services and programs and increasing taxes to draconian confiscatory levels.
Equal Opportunity For Once
While the top echelons of government bureaucrats just like the privileged big business corporate elites will be exempt except for minor personal tax increases, the burden will as always fall on the poor and middle classes.
The only good news is throughout the West many low- and middle-level government employees and bureaucrats will finally get a bitter taste of what they have been dishing out to those of us in the productive private sector for decades. There are few new jobs available in the private sector and private industry will seldom hire ex-government employees, for obvious reasons.
This means those on the government dole, whether working, on welfare programs or in unions, will do anything to keep their checks coming. Therefore, as part of the "necessary" austerity measures their generous healthcare and retirement plans can be cut, as well as salaries, as most of these wards of the state will still vote for the big government parties. They have no other alternatives. Thus, their core constituency status will remain while they now take their turn being screwed.
Simply watch what is happening to benefits, healthcare and retirement benefits in Greece, Italy and Spain and you'll see the future in the United States.
Many in the US will find themselves increasingly "means tested" out of their promised and guaranteed Social Security benefits and forced back into permanent life-long contributions.
Austerity is just another word for nothing left to lose to the government. It will end when your wealth, benefits and assets are gone. This false meme will be replaced with another once all of the available wealth, income and gold can be taken and your promised benefits cut to whatever degree possible short of generating violence and revolution.
Therefore, any supposed credibility in the success of politically enforced austerity is just another excuse to get more of your hard earned dollars. Like democracy, global warming and Keynesian economics, this is just another scam meme to con you out of personal wealth and liberties.