The resounding victory of Alexis Tsipras in the Greek election was certainly a referendum that rejected the austerity demands placed on Greece by the European Union. The Wall Street Journal says the following, in Syriza Win in Greek Election Sets Up New Europe Clash.
“A Syriza victory marks an astonishing upset of Europe’s political order, which decades ago settled into an orthodox centrism while many in Syriza describe themselves as Marxists. It emboldens the challenges of other radical parties, from the right-wing National Front in France to the newly formed left-wing Podemos party in Spain, and it sets Greece on a collision course with Germany and its other eurozone rescuers.”
What informed political onlooker did not see this coming? The EU acts as if it was a Holy Roman Empire using some very unholy demands and requirements. Since Greece has a laid back culture, the notion that imposing a rigorous German work ethic on the Mediterranean city-states is about as shortsighted as allowing a popular vote in the cradle of Democracy. If the EU wants to be the seat of the Banksters New World Order, rectifying this oversight needs to be part of any additional rollovers of the debt.
The NYT reports on the German reaction to this election, in Greece Chooses Anti-Austerity Party in Major Shift.
“While Greece sees itself as being punished by creditors’ demands, Germany and a host of European officials have argued that Greece and other troubled nations in the eurozone must clean up the high debts and deficits at the root of Europe’s crisis . They say Athens has failed to make enough progress on structural reforms seen as necessary to stabilize the economy, and they are pressing Greece to raise billions of euros through more budgetary cutbacks and taxes.”
Sounds like NATO Panzer tanks may need to surround the Acropolis. At issue is the next round of payments and exactly how far Tsipras’ new coalition government will push back.
From the socialist French press, Greek radical-left leader vows to end ‘humiliation and pain’, the precedent dispute provides a look at the agenda that will be fought over.
“Greece’s bailout deal with the eurozone is due to end on February 28 and Tsipras’s immediate challenge will be to settle doubts over the next installment of more than 7 billion euros in international aid. EU finance ministers are due to discuss the issue in Brussels on Monday.
Tsipras has promised to renegotiate agreements with the European Commission, European Central Bank and International Monetary Fund “troika” and write off much of Greece’s 320-billion-euro debt, which at more than 175 percent of gross domestic product, is the world’s second highest after Japan.”
The imposed neocolonialism from Brussels technocrats on Greece after the 2008 financial bubble is A True Greek Tragedy – Odyssey of the EU, concluded that “This tragedy is an existential test. Appreciate the absurdity of compliance with the New World Order, and apply comic relief, to those who follow commends of the EU Poseidon ship of state.”
At stake is the ability of the EU to continue their centralization dictates in the face of public resistance. The victory of SYRIZA provides encouragement for similar movements from Spain, Portugal to Italy. However, such self-government enthusiasm flies in the face of the institutional power of the blue-blood aristocracy of financial elites, who in the past have never hesitated waging, war to suppress independence sentiments.
The term Grexit is introduced to forewarn the op-out of the EU option. Further explanation is elaborated in Greece lightning: six things you need to know about Syriza’s victory.
- Background – the Greek economy
- Yesterday’s election – and why Syriza wants to stay in the EU
- But Germany is more relaxed about a ‘Grex
- It’s now a question of how far Germany will budge
- The Eurozone is (probably) strong enough to withstand Grexit
- But still, Grexit would be a risk that no one actively wants to take
Hugo Dixon: Grexit still unlikely after Syriza win takes another viewpoint. His outlook is based on the assumption that “no head of government in the other euro countries wants Greece to leave”, so some kind of accommodation will be offered to appease the factions that resist their inordinate debt burden.
“So there might be a way of cutting a deal. The snag is that doing so would involve a massive somersault – or what Greeks call a “kolotoumba”. Many of Tsipras’ backers would then accuse him of betraying their cause. It is still far from clear whether he is prepared to do that.
But if the Syriza leader is not prepared to compromise, Greece will default and will have to impose capital controls to stop the banks collapsing. If the people then forced the government to backtrack, there would be one final chance to stay in the euro. Otherwise, the drachma would beckon.”
Oh the horror of a country leaving the European Union and chucking the EURO. The factual consequences of Greece exiting the EU should not be gauged solely in economic terms. The limits upon which the Bilderberg oligarchy will tolerate liberation dissent become the decisive price and test of brute power in this battle for autonomy.
The Greek version of socialism is surely no model for economic prosperity. Nonetheless, the systematic fleecing of Greek assets by the vultures preying on the misery from the 2008 crash has yet to be put back in balance.
The viability of EU Bonds Rollover Debt with a Chinese Bailout makes the case why the EU is vulnerable to the mountains of their own obligations. The most likely outcome from the election of Alexis Tsipras is that a rescheduling rather than a reduction in the amount of indebtedness will take place. The EU Rothschild band of thieves knows no forgiveness, when it comes to collecting on their phony debt created currency loans.
The brave Spartans saved civilization at Thermopylae. It is doubtful that type of campaign can be fought again by today’s Greeks.
In the ridiculous charade that passes for the foreign exchange currency markets, the ease upon which a 39% spike in the Swiss Franc to the EU has most financial journalist puzzled. A flagship of establishment journalism like the Washington Post provides a quaint explanation in Why Switzerland’s currency is going historically crazy. The Swiss intend to keep their exchange rate at 1.2 Swiss francs per euro caused unsustainable negative competiveness in Swiss exports to EU customers. How many times have you heard that same old song? Corporatist media consistently spins a yarn that suppressing one’s own currency is good for business.
Rely on viewpoints from reliable sources like The Economic Collapse. Their insight should be obvious to anyone with an ounce of common sense left. “The euro is falling apart, and the Swiss did not want to be married to it any longer. Unfortunately, when any marriage ends the pain can be enormous.”
Peter Schiff, who is a major precious metal dealer, is getting a boost in this latest development. The article Switzerland Surrenders the Currency War, but America Still Racing to the Bottom published in the Libertarian and Austrian Economic site, Lewrockwell.com provides an expected response.
“The Swiss are going to be able to get a better deal on all the products that they import from Europe and from other countries, so they won’t have to export as much to pay for their imports. So that’s positive for the Swiss. I would be worried about the Europeans who are now going to have to spend more money to buy Swiss products. They’re the ones that hurt, as are Americans. Swiss products are now going to be more expensive for Americans, but American products… are going to be cheaper for the Swiss. So the Swiss win because they have a stronger currency, and Europeans and Americans lose because we have a weaker currency… “
These conclusions are so basic and correct that when mainline economists preach their financial orthodoxy, the idiocy of the “Free Trade” hoax screams out for a sense of monetary sanity.
Not to spoil the cheers for the Swiss, an important component must be factored in. When the Swiss Voters Reject Initiative on Central-Bank Gold, the hard money advocates expressed great disappointment.
“Swiss voters overwhelmingly rejected an initiative on Sunday that would have forced the country’s central bank to hold one-fifth of its assets in gold, a move that would have eroded its ability to conduct monetary policy.
Critics of the initiative feared that the SNB’s commitment to the cap would have been challenged because the central bank would have been forced to buy gold every time it intervened in the currency market.”
This result seems to reinforce that the gnomes of central banking were once again in control of their gold hoards and refused to share any of its value with the holders of the Swiss Franc.
So how can one account, after rejecting the plebiscite on adopting making the Swiss Franc as a real hard money value currency that the exchange rates raise so sharply?
Fundamentals and measures that favor and protect the wealth of a national currency are not applied as standards, when central Banksters play the money float game. In order to understand why the Swiss Franc surged, one must examine the sickness within the EU and the extreme pressure on the EURO coming from desperate measures to keep the single European currency afloat.
The panic begins as the ECB Stimulation: The Trap Closes. Last week the EU Court of Justice advocate general ruled that the central bank could purchase sovereign debt.
“It referred to an existing ECB program called Outright Monetary Transactions — which isn’t quite QE but which does involve purchases of government bonds. The court won’t rule for another four to six months, but it’s likely to follow the advocate general’s guidance. That’s good enough for Draghi to act now.
Many in Europe, especially in Germany, remain opposed. They see QE as a ruse by which the richer members of the currency bloc will end up paying for the fiscal misadventures of their neighbors.”
Let the race begin and only the quickest will be left sitting tight, when the music stops playing. It seems that Steen Jakobsen writing in Endgame for central bankers agrees.
“Many central banks will envy the SNB (Swiss National Bank) for its move last week, as it at least tries to regain some control of its future, but the conclusion remains: central banks have as a group lost credibility and when the ECB starts QE this week the beginning of the end for central banks is completed. They are running out of time – that’s the real real bottom line: the SNB ran out of time, the ECB runs out of time this week, and the Fed, Bank of Japan and the Bank of England ran out of time in 2014.
What comes now is a new reality – the SNB move was true paradigm shift – we can no longer look at central banks, the markets and extend-and-pretend in the same light as we did last Wednesday (the day before the SNB pounced).”
Now for the kicker . . . When a solid financial adviser acknowledges in their financial letter, like Chris Hunter, Editor-in-Chief, Bonner & Partners – Did the Swiss Just Burst the “Central Bank Bubble”?, that the crown prince of collectivist economics condemns the Swiss; you know they were correct in ditching their peg ratio to the EURO.
“We usually don’t see eye to eye with economist Paul Krugman. But he’s hit the nail on the head about the “Swiss shock.” From his New York Times column: “The SNB’s wimp-out will make life harder for monetary policy in other countries, because it will leave markets skeptical about whether other supposed commitments to keep up unconventional policy will similarly prove time-limited.”
How evil those Swiss must be to actually defend their currency and their own wealth. As the EU implodes, the smart money will sit out the coming grand depression, provided by your friendly central banks, in the charm of the Swiss Alps.
Ever since the 2008 financial collapse, banks have reduced their lending while accumulating U.S. Treasuries. On the surface placing capital into the safest depositor may seem prudent. On the other hand, Why Big Banks Are Suddenly Interested in Talking to You Again? According to Inc, “After years of turning away small-business borrowers, the country’s largest banks are now granting one out of five loan applications they receive. The 20 percent benchmark represents a post-recession high for big banks (assets of $10B+). Further, small banks have been approving more than half of the funding requests they receive.”
Such news would normally be welcomed. The Sovereign Man article, Here’s Why US Banks Are Now Extremely Vulnerable, presents a sober warning that the banking industry is at risk from a bond market sell-off.
“In just the last month alone American banks increased their holdings of US treasuries by $54 billion, to a record $1.99 trillion.
Facing $127 trillion in unfunded liabilities – which is nearly double 2012’s total global output – and with no inclination to reduce those numbers at all, at this point disaster for the US is entirely unavoidable.
Under the rather arbitrary Bank of International Settlements Basel capital adequacy rules government debt rated at least AA continues to carry a “zero risk” weighting. Meaning that banks do not need to set aside capital against it.
Beyond that, regulations imposed after the last crash to reduce risk require banks to hold $100 billion in liquid assets, which of course includes bonds. Thus, they are not only encouraged, but actually forced to buy government bonds.”
The fundamental change in the last six years is that the banks were rescued from normal capital requirements under a zero interest rate discount window. The inevitable result starved the small business and personal borrowing market from obtaining loans. With the loosing of funds to finance business and consumers, could the dire warning that the banks understand they need to rotate out of Treasuries, be the reason for the shift in lending?
However, the rush to come into compliance has America’s Banks Pile Up Treasuries as Deposits Overwhelm Lending. This explanation of a change in regulation ordains that U.S. Bonds are still a necessary component in their balance sheet.
“Rules approved Sept. 3 by the Fed, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. leave banks about $100 billion short of the $2.5 trillion in easy-to-sell assets that they need to meet the liquidity standard, according to the Fed. Lenders must reach 80 percent of their liquidity coverage ratios by January and have until the start of 2017 to reach full compliance.”
Illustrating this point, “Bank of America alone may need to purchase as much as $65 billion of government debt to become fully compliant, according to report last month from Marty Mosby, a banking analyst at Memphis, Tennessee-based Vining Sparks.”
Providing additional encouragement is a WSJ report that U.S. Bank Profits Near Record Levels.
“On the heels of the financial crisis, some lawmakers, regulators and consumers complained that banks weren’t lending enough. But steady improvement in credit quality, or borrowers’ ability to repay loans, is prompting banks not only to lend more but also to ease their standards.
The higher loan levels come as banks are easing up on their underwriting standards to borrowers. A Federal Reserve survey of senior loan officers released last week found that lenders were loosening standards and loan terms for commercial and industrial loans and commercial real-estate loans.”
Reconciling the need to keep buying treasuries and originating new loans to satisfy business demand is a challenging objective. By returning to the old fashion business model, of actually making loans to customers, banks are generating significant profits.
While graphs show the downward trend in loans since TARP, the current upturn is ready to be charted. Lending money for productive enterprise has contributed to a rise in GDP. The transition to a consumer based economy is dependent on the flow of transactions. When the pace of the velocity of money increases and confidence strengthens, prosperity usually follows.
The different in this feeble recovery phase is that the debt assumed by the Treasury, monetized within Federal Reserve liabilities, requires servicing no matter the health of the general economy. Near zero or cost free interest rates is approaching an expected crisis of uninterrupted maintenance. The exact trigger that drives up rates, while elusive to forecast, is inevitable in coming.
The Money Show article, Rising Rates? Beware of Big Banks, describes the predicament accordingly.
“The reality is that traditional commercial and consumer lending is no longer the big money maker that it used to be for banks. Since the 2008 financial crisis, households and businesses have been deleveraging—paying down debt—and demand for loans has been limp.
In recent years, the big banks have fattened their profits mainly from capital-markets businesses: Mergers and acquisitions, stock and bond offerings, and other types of trading. Rising interest rates also make the cost of capital go up for businesses, which can result in less deal making, lowering financing fees for the banks.”
Hype that loan demands have returned in earnest is overstated. Coming off such a low level, any modest increase looks bigger than it really is. That revered business cycle, simply is no longer the same.
So what happens in the catch-22 scenario when banks are adjusting to different capital requirements and Treasuries drop in price with a rise in interest rates? That’s the 64 trillion dollar question.
Banking is more about mathematics than business acumen when additional debt created money is needed to pay the service of obligations that come due. The roll over can be staggering. Banksters make up the monetary rules. That $127 trillion nut is bigger than all the bank reserves put together.
For those who argue the economy can grow its way out of this liquidity squeeze must have a time frame longer than the imaginative bag of tricks left in the vaults of banks.
When I saw the movie “Saving Mr. Banks” during one of my interminably-long plane rides back from Syria, I liked it so much that I actually went out and bought a copy of the 1964 “Mary Poppins” Disney classic it was based on — the one with Julie Andrews and Dick Van Dyke frolicking across the rooftops of London.
And much to my surprise, I discovered that Mary Poppins might have been one of the world’s first hippies. Who woulda thought! And what was even more amazing is that Mary Poppins was one of the first people to warn us about the dangers and perfidy of big bankers and big banks.
And fortunately for those of us living here in America one hundred years later, Elizabeth Warren has now become the new Mary Poppins — also warning us about the dangers and perfidy of big bankers and big banks.
If only Americans would start paying attention to Elizabeth Warren as much as they paid attention to Julie Andrews!
“Hey, Elizabeth!” I also want to shout on the rooftops like Dick VanDyke, “voters aren’t listening to you!” Maybe if Disney studios made a movie about you too? Then maybe voters would finally start to listen.
According to Warren, the American middle class has been absolutely decimated by the banking and credit-card lobbies.
And yet voters still keep falling for all those glossy ads and happy lies that still keep getting pro-big-bank candidates elected to the White House and Congress even though voters can clearly see that they themselves are losing their jobs, having their homes repossessed, becoming slaves to their student loans and getting ripped off bigtime by credit-card debt. But then I guess that those syrupy ads actually do prove that “A spoonful of sugar helps the medicine go down” after all.
In the heroic country of Iceland, their well-informed voters have vigorously fought back against bankster greed and have even re-written their constitution in order to make lending-bubbles and bank fraud illegal.
But in America, the opposite happens. Here in America our very own government, the very one that bank lobbyists have chosen for us to elect, is handing over billions of our very own hard-earned dollars to big banks just as fast as it can. And Congress is always writing new bankruptcy laws that favor banksters over the middle class every time. Mary Poppins would be livid, of course, but nobody else seems to even notice these days — except for Elizabeth Warren.
And even the Federal Reserve is dancing over the rooftops in glee as it too gives away our money to the banksters just as fast as it possibly can, singing “Step in Time” as gleefully hands over giant bags of taxpayers’ money to Chase, Bank of America, CitiBank and Goldman Sachs.
Plus the Senate just vetoed a bill that would have given students a break from paying up to 12% interest on their college loans too. According to Warren, “This isn’t complicated. It’s a choice – a choice that raises a fundamental question about who the United States Senate works for. Does it work for those who can hire armies of lawyers and lobbyists to protect tax loopholes for billionaires and profits for the big banks? Or does it work for those who work hard, play by the rules, and are trying to build a future for themselves and their families?”
Not to mention the hidden (and not-so-hidden) fees that banks gleefully charge us customers for no reason at all.
To try to completely understand how banksters and their toadies in Congress and the Department of Justice are robbing the rest of us blind, you just gotta watch this video of Bill Moyers interviewing bank-fraud expert Thomas K. Black. Seriously. You really should watch this: http://vimeo.com/107916659
In this video, Black describes how Obama was elected by the banking industry and how Obama has totally paid back his debt to the banksters by handing them all “get out of jail free” cards. Is being elected president really worth selling us Americans out to the banksters? Apparently so.
“There’s no threat to capitalism like capitalists,” continues Black. “They are destroying its underpinnings. And when dishonest people gain an advantage in the marketplace, bad ethics drive good ethics out. This is why we need the rule of law.” Doesn’t Thomas K. Black sound just like Dick VanDyke, er, I mean Burt the Chimney Sweep here — as Black proposes that it’s high time to sweep clean our banks.
And now let’s talk about America’s ratings on the so-called “Misery Index”. Apparently America rates higher on the misery charts now than it ever has, even back in the Great Depression — and probably even as high as did Mary Poppins’s 1910 London. Thanks a lot, banksters.
Isn’t it time that American voters finally join up with Elizabeth Warren and Mary Poppins — and tell big banks and banksters to go “fly a kite!”
PS: Speaking of money, look how much of it is being spent in the Middle East — and not here at home where it is needed!
According to a recent blog-post at thehill.com, the first official estimates of the ISIS price tag from the Pentagon showed that, “the costs of intervention between mid-June and late-August was $7.5 million per day. At that rate, the U.S. has spent $850 million on operations against ISIS as of October 8, adding up to about $2.74 billion per year. The Pentagon has since revised the estimate up to as high as $10 million per day, or $3.65 billion per year. In reality, both of those numbers are quite likely to be underestimates of what’s to come.”
Looks like the US military is just as bad as the US banksters when it comes to cleaning out America’s pocketbooks — after they both have put us to sleep with false promises and false news https://www.youtube.com/watch?
What we Americans really need to do these days is to once again take Mary Poppins’s advice and “Stay Awake”! https://www.youtube.com/watch?
The cozy relationship between financial institutions and their respective regulators has long been known. Concern from reformers and activists comes from all stripes of ideological perspectives. With the attention that Carmen Segarra, the whistleblower of Wall Street, has gained, the noise from the banking establishment pushes back. Here comes the expected spin from the Fed, The New York Fed Slams Tape-Recording Whistleblower, Says She Was Fired After Just 7 Months Over Performance. Read their Statement Regarding New York Fed Supervision. So what is this controversy all about?
How dare a mere low level regulator document the goings on within the financial establishment, Inside the New York Fed: Secret Recordings and a Culture Clash, writes.
“As ProPublica reported last year, Segarra sued the New York Fed and her bosses, claiming she was retaliated against for refusing to back down from a negative finding about Goldman Sachs. A judge threw out the case this year without ruling on the merits, saying the facts didn’t fit the statute under which she sued.
At the bottom of a document filed in the case, however, her lawyer disclosed a stunning fact: Segarra had made a series of audio recordings while at the New York Fed. Worried about what she was witnessing, Segarra wanted a record in case events were disputed. So she had purchased a tiny recorder at the Spy Store and began capturing what took place at Goldman and with her bosses.
Segarra ultimately recorded about 46 hours of meetings and conversations with her colleagues. Many of these events document key moments leading to her firing. But against the backdrop of the Beim report, they also offer an intimate study of the New York Fed’s culture at a pivotal moment in its effort to become a more forceful financial supervisor. Fed deliberations, confidential by regulation, rarely become public.”
In an attempt at damage control, the Fed was looking for a favorable review. What they got was not what they wanted, N.Y. Fed Staff Afraid to Speak Up, Secret Review Found.
“The investigation, conducted by Columbia University finance professor David Beim, was initially confidential but was later released by the Financial Crisis Inquiry Commission.
Mr. Beim’s report called on the New York Fed to demand that its regulatory staffers maintain a “more distanced, high-level and skeptical view” of how the banks they oversee make money.”
A Short History of the Breathtaking Cluelessness of U.S. Financial Regulators, is outlined by the Motley Fool analysis. Any serious observer of the cozy relationships that permeate the financial community knows all too well, that the revolving door turns when favorable regulation decisions spin in the right direction.
The significance of this latest scandal, points out just how the regulation process is conducted in the suites of money manipulation. This next account is most telling; You Should Listen To The Goldman New York Fed Story.
“This American Life has a banking supervision story that turns on secret recordings made by a former employee of the New York Fed, Carmen Segarra, and it’s pretty good, because it shows how regulators basically do a lot of their regulating of banks through meetings, with no action items after. That’s weird, and it’s instructive to see how intertwined banking and supervision are. There’s a killer meeting after a meeting with Goldman Sachs where Fed employees talk about what happened, and – though we don’t know what was left on the cutting room floor – the modesty of the regulatory options being considered is fascinating. Nothing about fines, stopping certain sorts of deals, stern letters, or anything else. The talk is self-congratulation (for having that meeting with Goldman) and “let’s not get too judgmental, here, guys.”
The takeaway of the story, which is blessedly not an example of the “me mad, banksters bad!” genre, is that this kind of regulation isn’t very effective. It clearly hasn’t prevented banks from being insanely profitable until recently, in a way that you’d think would get competed away in open markets.”
Why is Goldman exempt from any meaningful oversight? William D. Cohen over at Politico provides an answer to the question, Why the Fed Will Always Wimp Out on Goldman.
“Although Michael Silva, Segarra’s superior, didn’t doubt that the Goldman-Santander transaction was legal, he didn’t think it passed the smell test. “It’s pretty apparent when you think this thing through that it’s basically window dressing that’s designed to help Banco Santander artificially enhance its capital position,” he told his New York Fed team before a meeting on the topic with Goldman executives.”
Segarra thought her boss’s pre-occupation with whether Goldman “should” have done the deal, or been allowed to do the deal, was all just a big waste of time and obfuscated the larger issue that Goldman, and other Wall Street banks, were busy pushing around a key regulator – the New York Fed – rather than the other way around. She worried that her bosses were focusing on “fuzzy” and “esoteric” issues such as Goldman’s “reputational risk.” Silva also shared with Segarra that it was all moot anyway, because Tom Baxter, the New York Fed’s general counsel, had, he said, “reined him in” on the subject. “I was all fired up, and he doesn’t want me getting the Fed to assert powers it doesn’t have,” Silva tells Segarra, according to the tape recording.”
Breaking down all the details and dialogues that transpire in the normal course of banking reviews comes down to the undeniable fact that Goldman is in charge of the process. The ownership of the Federal Reserve, a private entity, is ultimately owned by the shadow families that control the major financial institutions. Only a very naïve analysis or a compromised minion of the financial elite Plutocracy would dispute the power and clout that is applied to the political nature of regulatory oversight.
Bankster’s earn this graphic title by the way they conduct their protection racket. Courageous regulators like Carmen Segarra are treated as traitors to a system that is designed to facilitate every abuse that firms like Goldman can devise. Now you know who really owns the gold, because they make up whatever rules that foster their financial corruption.
Okay, so what? So what if you’ve just joined ISIS, been given a sword and been sent off to Syria and Iraq. So what if you now have a huge bloody sword in your hand and you’ve just cut off somebody’s head? Big freaking deal. You’re the one that will be going to Hell, not me. But what I want to know is this: Where, exactly, did you get that huge bloody sword in the first place? “Swords R Us”?
From your local “Samurai of the Desert” katana convenience store?
To find out who is really financing, training and supplying ISIS, just check out who is supplying its swords.
“Made in China”? Of course. Isn’t everything these days. But who are the swords being shipped to?
Syrians aren’t supplying the swords. Syrians stand solidly behind Assad — as evidenced by their June elections, and also by the fact that almost all Syrian internal refugees flee to Assad refugee camps, and no one, I repeat, no one ever flees off to ISIS.
Syrians hate ISIS — almost as much as they hate being beheaded! Plus ISIS is still beheading their fathers and mothers and nephews and cousins and aunts. How can you possibly become BFFs with someone like that? Let alone give them more swords so that they can go after your wives and kids too?
According to a new Tweet just sent out from Kurdish Syria, “Hoped American planes will help us. Instead American tanks in the hands of ISIS are killing us.”
And Libya isn’t supplying the swords either. Why? Because Libya itself just had its head handed to it on a platter too — courtesy of the dread Sword of NATO. All that those American-backed “rebels” now in charge of the failed state of Libya are supplying ISIS with currently are some used American rocket launchers and RPGs left over from Benghazi, and a bunch of guys trained by the US to behead Gaddafi.
But perhaps Saudi Arabia is supplying the swords? After all, their state symbol is two swords and a palm tree. But I still don’t understand why the Saudis would do such a dumb thing — buy entire shipments of swords to give to creepy guys hovering right outside their borders? Aren’t the Saudis afraid of blow-back?
Aren’t the Saudi princes afraid that “Behead like a Pirate” day might be coming to Riyadh too?
And isn’t it bad enough already that a bunch of Saudis got their hands on those box-cutters over on the other side of the Atlantic back in 2001 — and just look at all the mischief that caused! Can Saudis really be trusted to play well with swords right in their very own backyards? Saudi Arabia is about to find out.
And how about Turkey? Seen any bloody swords stamped “Made in Istanbul” lately? But why would the Turks want to do that? The blow-back there would be even more immense. You’d have to be crazy to arm a horde of ISIS madmen to go next door and cut off your Syrian neighbors’ heads — no matter how much you hate Syrians. Oops, too late. Turkey has already supplied ISIS with every kind of weapon you can think of — and then naively hired ISIS to be its Neighborhood Watch.
But apparently Turkey thinks that by supplying weapons to ISIS (and also establishing a no-fly zone over Syria) that Syria will fail too and then Turkey will get the Ottoman empire back.
Sorry, Turkey. It’s heads. You lose.
But what about Israel? Did Israeli neo-cons supply all those swords? Who will ever know? Who the freak ever knows what Israeli neo-cons are up to? Certainly not the Jews who first hired them. And definitely not me. Ask the Mossad. But a fly on the wall at Mossad headquarters would probably hear something like this: “Those stupid Americans actually think that we are their only friends in the Middle East. However, before we came along America had no enemies there at all. Good job, guys!” Followed by a high-five.
The nightmare of having ISIS swordsmen let loose to create panic and havoc in the Arab world sounds like an Israeli neo-con wet dream to me.
And what about American neo-cons? Nah. Their most important product is weapons, sure, but they prefer selling Tomahawks rather than swords.
“But Jane,” you might say, “American weapons-manufacturers will sell anything to anyone, even swords to ISIS, if it will make them a buck.” Hell, they’d even sell drones to the Taliban if they thought that money was involved. They’d sell out America in a heartbeat for money. They’d probably even behead their own mothers for a few dollars more.
According to former Austrian general Matthias Ghalem, several years ago Al Qaeda wannabes “signed a financial-military contract to confront upcoming military and security challenges in southern Syria in the future…and that two deputies of Robert Stephen Ford, US former ambassador to Syria, were also present at the meeting…. And according to the Los Angeles Times, since the opening of a new US base in the desert in southwest of Jordan in November 2012, CIA operatives and US special operations troops have covertly trained these militants in groups of 20 to 45 at a time in two-week courses.”
But according to US vice-president Joe Biden, the Saudis are to blame for arming ISIS. Of course they are. But it is American weapons that these ISIS cutthroats are firing — and it is American humvees that ISIS is doing donuts with out in the desert too. So why not brandish American swords as well? American neo-cons suddenly draw a line in the sand against swords? But RPGs are okay?
And then there’s Russia. Russia stood silently by while the “Coalition of the Willing” beheaded Iraq and Libya. Would it really be in their best interests to let Syria and Iran get beheaded next? Or is Russia playing the “Afghanistan Game” with the US instead — wherein America slowly but surely beheads its own economy by trying to put eleven trillion dollars worth of “boots on the ground” all over the freaking world where they don’t belong?
Or did Iran sell ISIS the swords? With the American military-industrial complex and Israeli neo-cons using every trick in the book to try to find an excuse to put Iran’s head on the chopping block for fun and profit even as we speak? I think not.
And a friend of mine just asked me the following question: “Or else could it be that Libya and Syria are/were among the few remaining countries that have resisted the imposition of a central bank associated with the Bank of England/Federal Reserve?” Hadn’t thought of that. Hell, maybe the banksters bought ISIS their swords!
And now we get to the next question. Who the freak would ever even want to behead anyone in the first place? That takes a whole bunch of work. Not to mention all that blood-splatter involved — and with no laundromats in sight either.
You’ve got to be really really angry or crazy or both to cut off someone’s head. So what got these ISIS fruitcakes so pissed off in the first place? Perhaps it might have been all these past 60 or 70 years that they, their parents and their grandparents have spent trying to survive the constant “War on Arabs” by American colonialists and Israeli neo-cons? Perhaps this is what has finally sent them around the bend and into horror-movie mode?
Just be glad that ISIS got their inspiration for weapons from watching the “Walking Dead” and not from watching the “Texas Chainsaw Massacre”. But I’m sure that the weapons industry would far rather prefer to produce chainsaws than swords. Chainsaws are a bit more profitable to make, more effectively bloody and just a bit less Old School.
The New World Order has been in place for centuries. Is it not time to start calling the NWO by another name? A descriptive term that encapsulates the essence of the beast would be a Nefarious Warrior Organism. Such a phrase strips away the ridiculous notion that there is any order in the malevolent organization of the parasitic global structure, based upon perpetual and permanent warfare. This depiction more closely resembles reality, even if the master mass media refuses to acknowledge How the World Really Works. Discard any condemnation that criticism of the established order rests upon conspiratorial fantasy or pre-medieval prejudices. Explaining away or ignoring basic human nature in a “PC” culture ultimately requires the adoption of a depraved Totalitarian Collectivism system.
Students of world affairs are not strangers to the practice of lies and deception. One of the grand daddies of the Nefarious Warrior Organism, and infamous war criminal, Henry Kissinger has a new book, World Order. An excerpt published in the Wall Street Journal, Henry Kissinger on the Assembly of a New World Order, spews the same poppycock that underpins the destructive policies and practices that has the world ripe for an apocalyptic conflict, needed to rescue the banksters of international finance from their derivative Ponzi scheme.
“Libya is in civil war, fundamentalist armies are building a self-declared caliphate across Syria and Iraq and Afghanistan’s young democracy is on the verge of paralysis. To these troubles are added a resurgence of tensions with Russia and a relationship with China divided between pledges of cooperation and public recrimination. The concept of order that has underpinned the modern era is in crisis.
The international order thus faces a paradox: Its prosperity is dependent on the success of globalization, but the process produces a political reaction that often works counter to its aspirations.”
How convenient to disregard the fact that incessant conflicts are direct results of policy maker schemes in Washington, London, Israel and the global sanctuaries and redoubts where the Mattoids reside. Policy objectives, invariably implemented with force, coercion and military carnage is the real reason why the NATO enforcement machine was not disbanded with the ending of the Cold War.
Over a decade ago the essay, NATO a Dinosaur Overdue for Extinction stated that national sovereignty of individual states was never an objective after the collapse of the Soviet Empire. Quite to the contrary, NATO’s expansion to accept the Czech Republic, Hungary and Poland (1999), Bulgaria, Estonia, Latvia, Lithuania, Romania, Slovakia, Slovenia (2004), and Albania and Croatia (2009) as members illustrates that the purpose of NATO clearly has a focus on becoming the global police force for the NWO.
“If the breakdown in NATO is destined to avail an opportunity to curtail the Yankee Hyperpower, the alternative need not be the formation of another suspect alliance. It is not unpatriotic to advocate the wisdom in an America First policy. NATO doesn’t secure or advance our country, but only provides the military command and enforcement that imposes the will of global masters. Resistance and opposition against an independent EU rapid defense force, comes not from the nations of Europe, but from the elites that control the mechanisms of global power. NATO is one of their tools. Alliances are one of their methods. And suppression of viable self determination is their cherished goal.”
Seasoned observers of the backstabbing game of international intrigue must love the way that The State Department’s New World Order Agenda rears its ugly head with NeoCons running U.S. foreign policy.
“That esteem champion of national sovereignty, Victoria Nuland, Assistant Secretary of State for European Affairs, is hardly a protector of the duly elected Ukrainian government. Actively working to depose that regime for one acceptable to the EU/NATO system claims such actions as legal and sound policy, for the good of the Ukrainians. When Toby Gati, the former White House senior director for Russia, defended Nuland, the futility of a joint cooperative strategy exposes the reality of blowback to the EU.”
In order to understand the true nature of the psychopathic motives and vicious tactics that threaten a global conflagration, examine Victoria Nuland’s family ties: The Permanent Government in action. Kevin MacDonald dares reveals the family tree structure of the NeoCon clan of subversive fifth column infiltrators within our own government.
“Ethnic networking and ties cemented by marriage are on display in the flap over Assistant Secretary of State Victoria Nuland’s phone conversation with Geoffrey Pyatt, U.S. Ambassador to Ukraine. As VDARE’s Steve Sailer puts it, Nuland is a member of a talented, energetic [Jewish] family that is part of the Permanent Government of the United States.”
The expected result of such treachery is that the IMF and EU Capture of Ukraine becomes the spark that ignites a fuse set to explode into an intended Ukrainian civil war.
“It should be obvious that the recent putsch and regime change in the Ukraine inspired and backed by the U.S. shadow government, benefits the international banksters. For the average EU resident, only further economic displacement and diminished prospects can be expected from any inclusion of Ukraine into the EU dictatorial structure.”
Of course, the actual target, slated for removal is Vladimir Putin Nemesis of the New World Order. Russian defiance of the Nefarious Warrior Organism cannot stand.
“The context for any serious discussion on foreign affairs must start with the admission that the New World Order is the dominant controller of political power, especially in western countries. The NeoCon/NeoLib cabal dictates worldwide compliance. Nations conform to the financial supremacy of banksters, administered by handpicked political stooges. Global governance is the end game destined for all states. Individual nations slated for extinction are doomed as long as the NWO advances their worldwide imperium.”
The terror of descending into an abyss that triggers a nuclear World War III is actually a ruse. Such a holocaust will not happen by chance. Only when the transcendent Satanist elites have all their prey in the sights of their directed fallout, will the button be pushed.
China is certainly part of the NWO gang of comrades. The prospect for their involvement seems more likely than Russian recklessness. Ready for World War III with China?, has that old black magic of Kissinger come alive with the designated strategy intended to defeat America.
“China does not want an apocalyptic war with the United States. They are content to wage economic and financial warfare. Notwithstanding the trade dependency that the globalist cabal originated by the Nixon-Kissinger tools with the Red Communists, the authoritarian People’s Republic of China, are winning the financial battle.”
NATO’s belligerent and bellicose deployments around Russia are part of a plan to isolate, marginalize and shatter the economy and influence of Putin in the region. Neutering the Russian Bear facilitates the spread of central banking direction over the natural resources and across the time zones of this dissident former commie.
Since all obedient Marxists sing the song of the Internationale as they report to the gnomes of the Bank of International Settlement, do not be duped into thinking that NATO is a force for stability and legitimate defense. Involvements from Afghanistan to Kosovo or Iraq to Libya, demonstrates there are no short list deployments. The tentacles of drone assaults have nonconforming regimes posed for eventual collateral damage. As the Nefarious Warrior Organism metastasizes, the cancer becomes terminal. Actually blowing up the planet risks the destruction of property. Just the risk of universal annihilation serves the extortionist better, by maintaining a campaign of everlasting fear. NATO becomes the strong-arm enforcer, wheeling brass knuckle punches, when tribute payments become late.
Killing hundreds of millions if not billions is far more efficient using germ warfare in a mutation of a designer pandemic. NATO’s intimidation best functions as a warning of potential incursion than an actual skirmish on a battlefield. The next arms race is to advance electronic countermeasures to protect the flow of debt collection. The NWO can encircle the few remaining enclaves of freedom, but rebel states confined to benign reservations, cannot expect much better.
Dread that World War III is on the horizon is most useful to the elites that play the puppeteer game of diversion and slide of hand. As independent countries fall into the cauldron of globalism stew, the only morsel that remains of the sweet taste of liberty resides in the memory recesses of the past.
The masters of global chaos, served well with the life work of Henry Kissinger and Zibigneiw Brzezinski, prosper on the suffering of the rest of humanity. Such megalomaniacs see the military-industrial-security complex as a continuum of a scorched earth campaign of Attila the Hun. Destruction and carnage reign, since the only empire that exists is the one that keeps the NWO elites in control.
America is long dead and the echoes of the past only serve as remembrance of the purported rendering of the NATO’s motto – ANIMUS IN CONSULENDO LIBER. Somehow, the translation, “Man’s mind ranges unrestrained in counsel”, seems only to apply inside the dementia of the Nefarious Warrior Organism.
When the billionaire tech jet set decides to let down their hair, what do they talk about around the campfire? According to the New Your Times, “Google is sponsoring an elite conference this week at a golf resort in Sicily, with a guest list of chief executives, investors and celebrities, all of whom were invited to bring their families. On the agenda are high-minded discussions of global issues — along with relaxation by the Mediterranean Sea.” How quaint! . . . For the real scoop, Here’s What Went On At Google’s Exclusive Conference For The Rich And Famous In Sicily.
“Sicilian blogger Tony Siino talked to an attendee about what went on, and told Business Insider via email that the conference, dubbed “The Camp,” was three-days of intellectual discussions, relaxation, and sight-seeing.According to Siino’s source, morning discussions included a wide range of topics, including how to extend human life and the design of cities of the future.”
Reported by NBC local TV channel in the Bay Area has “guests include Goldman Sachs chief executive Lloyd C. Blankfein, executives from German and Spanish banks, Uber chief Travis Kalanick, Tesla boss Elon Musk, Comcast CEO Brian L. Roberts and Snapchat boss Evan Spiegel. Also on hand is Ben Horowitz, venture capitalist with Marc Andreessen at make-or-break Silicon Valley fund Andreessen Horowitz.”
Spending quality time with the family between sessions in the next round of tech discoveries hardly seems to be the best use of time. Yet, time may well be the ultimate objective if you can uncover the mysteries of anti-aging research. Life Extension Magazine reports that Google Life Extension is investing in a venture called California Life Company, or Calico for short, and its goal is to extend human life by 20 to 100 years.
At this point, Google is being highly secretive about their plans for Calico. All Google would reveal is that Calico will focus “in particular on the challenge of aging and associated diseases.”
Calico could produce startlingly counterintuitive breakthroughs, as a result, of Google’s strengths in the following areas:
- Non-commercial dedication — rather than a focus on commercial marketing of mediocre drugs as pharmaceutical companies now do.
- Vast consumer access and core data-handling skills — with unprecedented data gathering, pattern-matching, and causal-relationship detection.
- Ability to attract the brightest minds — potentially preferring to work on life-and-death problems instead of cutesy apps and games.
Further speculation in an essay – How’s Google Dabbling in Health, Life, DNA, and Immortality? – cites areas of research has cutting-edge technology pushing the limits of the wheel of life itself.
“A CNN article listed a few common subjects, like cryonics (a process where the body is preserved in liquid nitrogen), cryotherapy (which exposes injured patients to very low temperatures for short periods of time), cloning and body part replacement, nanotechnology (deploying small robots to overcome the problem of incorrect DNA replication, one cause of aging), and even research into telomeres, the ends of a chromosome that protect cells against degradation.”
Hidden within a “feel good” sentiment behind the altruism to elevate the life span of the human race is an unconvincing skepticism. In an article like Google Wants You to Live 170 Years, just does not seem believable to a rational observer.
“What Google brings to the table is data. “Not just one set of data, multiple forms,” says Harry Glorikian, founder of life sciences consulting firm Scientia Advisors. “Search data, GPS data, all sorts of other pieces, electronic breadcrumbs that you produce all out there to get a picture of you.”This data could be paired with each person’s genome — a partial genome can be mapped today for $99 via 23andMe (another Google investment), but many are hoping a full genome will cost as much in the next few years.”
Even if such ambitious projections that life extension might become common-place for the masses, it does not guarantee that everyone will be a candidate for future “Camp” invitations. Google hardly needs to market the secrets of the gods in order to maintain or enhance their cash flow. The Globe and Mail describes the gathering, “Like the World Economic Forum in Davos, Switzerland – an annual gathering of the elite at a snowy ski resort – the upstart conference from Google projects an aura of exclusivity. Its existence has not previously been disclosed.”
Following the example of other enigmatic elitist stratagems, “The Camp” shows no signs of a charitable motivation when the onion is peeled. Michael Downey in the account, Google Wants To Extend Your Life laments that not enough is being done to achieve the holy grail of Ponce de Leon’s Fountain of Youth.
“Tragically, while the government spends over $3 billion annually on “health concerns” of the elderly, it operates on the assumption that aging is not a disease. Corporations lack the longer-term view needed. And extremely few of the world’s 1,426 billionaires, with a total net worth of $5.4 trillion, have included anti-aging research in their charities.”
Do you really believe that the beautiful people, much less, the corporatist return on assets crowd, or the great democracies of the planet are eager to share any medical, genetic or nanotech leap forwards with the chattel serfs? Attending boot camp for the peasants is quite different from rubbing elbows with these Nouveau riche Sicilian Dons in the global technocratic mafia. The blueblood patricians of the banksters’ families will enlighten their newly made men into the rules and ways of the global syndicate.
The Calico family franchise promises to be more alluring than the temporary ecstasy of a drug high. Most godless souls want to live forever, since rejecting an afterlife is automatic to such atheistic masters of the universe. Google has proven to be a “New Age” android. Hence, it is natural for apps, developed to manage the life cycle, become part of the smart set. The key question is will the source code become available to the masses, or will the elites maintain the restricted knowledge only for their devil witch coven.
With the centurial commemoration of the Great War, the Timeline of World War I provides a chronological list of facts and occurrences. Contrast such details with a wholly inadequate and sanitized version of the Top 5 Causes of World War 1:
1. Mutual Defense Alliances
5. Immediate Cause: Assassination of Archduke Franz Ferdinand
None of these simplistic categories or labels has any veritable bearing on the underlying political, social, economic and evil forces that conspired to drive Western Civilizations into a self-induced suicidal slaughter. The true history of World War I is rooted in the permanent struggle against satanic powers that seek the destruction of Christendom, the financial enslavement of humanity and the death of gentile society.
Understand the real history of The Rothschild 1901 – 1919: The secret creators of World War 1.
“In this war, the German Rothschild’s loan money to the Germans, the British Rothschilds loan money to the British, and the French Rothschilds loan money to the French. Furthermore, the Rothschilds have control of the three European news agencies, Wolff (est. 1849) in Germany, Reuters (est. 1851) in England, and Havas (est. 1835) in France. The Rothschilds use Wolff to manipulate the German people into a fervor for war. From around this time, the Rothschilds are rarely reported in the media, because they own the media.”
The video, World War 1, What Happened?, explains in the most fundamental manner, The Role of the Jews in WWI summarized by Benjamin H. Freedman. “The Balfour Declaration was merely Great Britain’s promise to pay the Zionists what they had agreed upon as a consideration for getting the United States into the war.”
Now read the essay, The Money Masters: How International Bankers Gained Control of America, for the account of America betrayal.
“In America, J.P. Morgan was the sales agent for war materials to both the British and the French.
In fact, six months into the war, Morgan became the largest consumer on earth, spending $10 million a day.
Other Rothschild allies in the United States made out as well from the war. President Wilson appointed Bernard Baruch to head the War Industries Board. According to historian James Perloff, both Baruch and the Rockefellers profited by some $200 million during the war.”
The more that things change the further they remain the same. The essay, International Bankers and WW I references, the book, A Century of War by William Engdahl.
“By 1920, Morgan partner Thomas W. Lamont noted with obvious satisfaction that, as a result of four years of war and global devastation, ‘the national debts of the world have increased by $210,000,000,000 or about 475% in the last six years, and as a natural consequence, the variety of government bonds and the number of investors in them have been greatly multiplied.’ These results have made themselves manifest in all the investment markets of the world but nowhere, perhaps, in greater measure than in the United States.”
“It may be noted that in 1913 the US government budget was a mere $714,000,000 (714 million dollars) while the Rockefeller empire was worth 950 million dollars in 1913. The Rockefeller and Morgan empires were built through financing by the Rothschild banking family.”
Such financial manipulation deserves an honest evaluation, as Brother Nathaniel offers, in his summary of the Benjamin H. Freedman viewpoint in the article, Jews Blackmailed Wilson Into WW I.
“Not a shot had been fired on German soil yet Germany was offering England peace terms. They offered England a negotiated peace on what the lawyers call a status quo ante basis, which means: “Let’s call the war off and let everything be as it was before the war started.”
England, in the summer of 1916, was considering Germany’s peace terms. They had no choice. It was either accepting this negotiated peace that Germany was offering them or going on with the war and being totally defeated.
While that was going on, the Zionists in Germany, led by the Jew, Chaim Weitzman, who later became the 1st President of Israel, went to the British War Cabinet and said: “Don’t capitulate to Germany. You can win this war if the United States comes in as your ally. We can arrange this. But in return, you must promise us Palestine once the tide turns in your favor.”
In this war, 115,516 American soldiers were killed and 202,002 were maimed for life.
That is what the Anti-Christian Jews of the world conspired to achieve in their crooked diplomatic underworld.”
Harsh words, but what was the actual outcome? Mujahid Kamran in the essay, International bankers and WW I, provides an insight into the true reason behind waging World War I.
“Historian Alan Brugar has pointed out that for every soldier who died in battle, the international bankers made a profit of $10,000 dollars! It was the bankers who manipulated the horrific World War I. This bloodletting was not just to make profits – this was also carried out to exhaust countries by bleeding them and enhance the control of bankers over governments with the objective of setting up the New World Order (NWO).”
“The penetration of the banking families into the power fabric of nations can be gauged from the astonishing fact that during WWI German intelligence was headed by the banker Max Warburg, brother of a naturalized US citizen Paul Warburg. Paul Warburg authored the diabolical Federal Reserve scheme. The Warburg’s were among the owners of the Federal Reserve. Both represented their respective “countries” in the “delegations” that met at the “peace” negotiations at Versailles after WWI in which Germany was ripped off completely.”
Remember that after World War I, Henry Ford published the Dearborn Independent and accounts on The Jewish Hand in the World War.
“As Henry Ford saw it, “Mr. Wilson, while President, was very close to the Jews. His administration, as everyone knows, was predominantly Jewish.”22 Wilson seems to have been the first president to have the full backing of the Jewish Lobby, including multiple major financial donors. And he was the first to fully reward their support.”
Today, such writings often criticized as anti-Semitic, present a viewpoint that is acknowledged by the Jewish Writer, Oscar Levy, The World Significance of the Russian Revolution; The International Jew, Vol. III, 1921, p. 184-87. The site, The Evil of Zionism Exposed by Jews, quotes Mr. Levy.
“There is scarcely an event in modern history that cannot be traced to the Jews. Take the Great War (World War I)…the Jews have made this war! … We (Jews) who have posed as the saviors of the world…we Jews, today, are nothing else but the world’s seducers, its destroyer’s, its incendiaries, its executioners … We have finally succeeded in landing you into a new hell.”
Henry Makow Ph.D. comments on the Webster Tarpley version of history (EVIL DEMIURGE OF THE TRIPLE ENTENTE AND WORLD WAR I) in the essay, Illuminati Bankers Instigated World War One, by saying that Dr. Tarpley “eschews mention of Jewish bankers in favor of euphemisms like “Venetians.” Therefore it is unusual for him to state bluntly that King Edward VII was in the pay of the Rothschilds and was responsible for World War One.”
In a “TC” environment, the modern genteelism, international finance has even more dire consequences facing the world today. The T. Hunt Tooley account, Merchants of Death Revisited: Armaments, Bankers, and the First World War references Professor Carroll Quigley and his books, Tragedy and Hope (1966) and The Anglo-American Establishment (written in 1949).
“In these works, Quigley described explicitly a kind of secret, benevolent “network consisting of international bankers and connected elites in business, education, the media, and government which had existed since the nineteenth century:
The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.
In Quigley’s telling, the role of this elite and its banking connections in World War I was that of financing the “Anglo-American” cause against the Central Powers, whose victory might have threatened what he viewed as the existing Anglo-American Pax Romana.”
Contrast these with the banksters inspired and executed system of the pre World War I reality as described by David A, Stockman in If Only The U.S. Had Stayed Out Of World War I. “Between 1870 and 1914, there was a 45-year span of rising living standards, stable prices, massive capital investment and prolific technological progress. In terms of overall progress, these four-plus decades have never been equaled — either before or since.”A century ago, the term Jew had negative connotations associated with a long history as shylock moneychangers. In the present day, polite and accepted conversation pressures discourse to strike the idiom from the vocabulary. Purging future history from the scourge of debt created finance requires the courage of Henry Ford to strip international finance from its economic dominance and political power. Any ethnic, religious or tribal identity that bears the responsibility of inciting anti-Christian demise is the avowed enemy of all humanity.
International banksters thrive on war. World War I proved that no political regime is immune from satanic belligerence. The last century is an anthology of fabricated conflicts designed to foster Quigley’s NWO financial and coercive control vision. The Rothschild Dynasty vastly extends beyond family and tribe, as it is a matrix for the eradication of the sacred tenants and sanctity of individual life that is a bedrock principle of Western Civilization.
World War I was not about national disputes, but was a planned destruction of Christendom. This defining struggle gave rise to the temple of Totalitarian Collectivism. The only GREAT WAR is the battle to defeat the demon forces that want to impose a Luciferian rule upon the planet. Wars kill citizens, while usury destroys societies.Few people know, much less, understand the essential lesson of World War I. The entire last century needs interpreting and evaluation through the lenses of the eternal struggle. Ignorance is bliss for most people, but faulty history is much more dangerous.
Are you a person, who repeats the Pledge of Allegiance at a local town board meeting or sings the National Anthem at a sporting event? Well, such people are likely candidates to turn over their firearms, when the collection van stops at your door to remove hazardous guns that endanger you, your family and neighbors. Surely, you file income taxes and pay your financial obligations to the government, what would prevent you from surrendering your personal lethal weapons, for the betterment of the state and the best interests of your community? Let’s get real! Any country that demands the capitulation of the right for self-protection does not deserve a citizen’s loyalty or obedience.
Guns, Guts and Goons looks at the proposed UN Treaty to ban guns. “The clock is running down and the American public needs to suck up the guts and nerve to oppose such a blatant assault on the natural rights of individuals, and resist repression from an international cabal of globalists”, but the implementation of the grand strategy comes from within the numerous layers of your own government.
Following the broad footsteps of Firearms-Control Legislation and Policy: Australia, the Obama administration is hell bent on disarming Americans. In a Summary of Select Firearm Violence Prevention Strategies, The 1997 Australia gun buyback and its associated regulations is cited, concluding, “The Australia buyback appears to have had no effect on crime otherwise”, and eliminates evidence that stripping gun ownership has any impact on reducing violent crime.
1. It was large, buying back 20% of the firearm stock.
2. It targeted semi-automatic weapons.
3. It coupled the buyback with a ban on certain weapons and a nationwide registration and licensing program.
This pattern of further restrictions on ammunition, clips and capacity is a back door approach to the data collection policy for national registration. The ultimate and final implication is total gun confiscation.
“Let me be clear, as Obama likes to say: You simply cannot praise Australia’s gun-laws without praising the country’s mass confiscation program. That is Australia’s law. When the Left says that we should respond to shootings as Australia did, they don’t mean that we should institute background checks on private sales; they mean that they we should ban and confiscate guns. No amount of wooly words can change this. Again, one doesn’t bring up countries that have confiscated firearms as a shining example unless one wishes to push the conversation toward confiscation.”
Back in the jurisdiction of the Metropolis state of totalitarian collectivist empire builders, New York; the likes of Governor Cuomo and former NYC mayor Michael Bloomberg and the current el presidente, Bill de Blasio wage their commissar war against natural rights. Their goal is to enforce coercive governance upon a defenseless populace society, which is at the mercy of the real criminals; namely, the politicians, banksters, and corporatist criminals. Driving out of business gun manufactures is the eventual result of the Economics of Gun Control, while the autocratic elites enjoy the protection of State Police Troopers and private bodyguard mercenaries.
“The operational economics of gun control legislation has the purpose of maintaining a state controlled monopoly for firearms. One such example seen in the bill, known as the NY SAFE Act, included is a ban on any semi-automatic rifles or shotguns with “military-style” features, such as a pistol grip or a folding stock, has the goal of disarming the public. Such draconian methods drive the trade in guns underground. The black market in arms becomes the defiant mart for the new criminalization of self-protection seeking citizens.”
The leaked New York State Counter Terrorism Bulletin would have you believe that “the “far right,” repeating the meme that those within the liberty movement are more dangerous than Al Qaeda.” How long will it be before any gun owner becomes part of this extremist list?
When the chief crook within the Department of Injustice, Obama’s enforcer Eric Holder speaks, We Want to Explore Gun Tracking Bracelets, he is preparing the population to accept that the Second Amendment is so arbitrary and conditional to the whims of the governing tyrants, who will oversee that only designated loyal subjects have the legal ability to personal self-protection.
“By making them either through finger print identification, the gun talks to a bracelet or something that you might wear, how guns can be used only by the person who is lawfully in possession of the weapon.
It’s those kinds of things that I think we want to try to explore so that we can make sure that people have the ability to enjoy their Second Amendment rights, but at the same time decreasing the misuse of weapons that lead to the kinds of things that we see on a daily basis.”
If you are required to have a chip in a gun to fire, the next step is to place an authorization microchip implant into you body to pull the trigger.
The Second Amendment: Last Line of Defense Against Tyranny, states, “The right to keep and bear arms is a doomsday provision to be used as a last resort when all other rights fail. The founders saw firearm ownership as so necessary that they enumerated this right second in the Bill of Rights, immediately after defining the right to free speech.” What is so hard to understand about this unambiguous declaration of bothcommon sense and natural law?
There is no doubt, where Thomas Paine stood on the Rights of Man. Paine, best remembered as a professional radical and a revolutionary propagandist without peer, is as relevant today as he was when he wrote his clarion call. Imagine what Professor Barack Obama says about guns and how 18th century would react to this foreign-born Tory.
- In 1996, Obama supported a ban on handguns
- In 1998, he supported a ban on the sale of all semi-automatic guns
- In 2004, he advocated banning gun sales within five miles of a school or park, which would have shut down nearly all gun stores
Radical Reactionaries are by nature revolutionaries. Nonetheless, revolt against a government that has lost illegitimacy does not require arm insurrection. The notion that an armed American citizenry will take on a full-fledged firefight against officials and authorities is a red herring. The purpose of a militant public is to cause doubt in the minds of the armed forces intended to deploy against their own people. A total stand down of militarized martial law enforcers is how to win the Second American Revolution.The revolt against the Crown is no different from the rebellion against the substitute replacement that now reigns under admiralty law from the District of Criminals. The Barry Soetoro presidency is just the latest escalation of imperial rule out of an establishment system that has totally dismissed constitutional restraints.
With The Psychotic Militarization of Law Enforcement, federal funding of local Gestapo and SWAT teams trains to carry out a gun confiscation agenda. Numerous examples are cited in the article, Legal Gun Owners Fight Local Authorities Over Gun Confiscations. Soon the cultural criminalization of gun owners will become a tenant of the newfound and official Pledge of Allegiance to the Empire.Even if avoiding that iron fist knock at the door, the incremental erosions in a society, that defends personal defense, is the most effective munitions used by the authoritarian despots. Slowly and surely, the false flag operations used to frighten gullible and insecure dupes has the intent of moving the collective psyche into a permanently induced state of voluntary subjugation.
The Daily Caller features the question posed in American COP, Would You Take Away Guns From Law-Abiding Citizens? Within this response, the sick mentality of the Eric Holder, Fast and Furious, Justice Department administration, meets the twisted minds of the law enforcement goons who are unable or unwilling to distinguish between Peace Keeping from “just following orders”.
“I’ve known anti-gun cops, who seriously said things like, “They have no right to own a gun, it’s my job to protect them. If they have guns, it’s just a danger to me!” You might know someone like that too. And certainly, there are politicians out there who think the same way; and those very politicians often appoint police chiefs. Since sheriffs are elected, they can serve as a bit of a buffer on this topic.”
Here lies the best barrier for lawful protection, the locally elected county sheriff. In spite of this, hope, the magnitude of the designed and deliberate assault on American Patriots, Tea Party and Truth Movements, readies the preparation for intentional and fabricated civil unrest. Depending on the response of active military and especially the leadership from the relics of a vigilant officer corps, the fate of the fallen Republic rests.
The answer to question, Will You Surrender Your Firearms, should be an emphatic, NO. The Chicago Gangster – Obama the Tyrant article, demonstrates why the Obama regime is an existential danger for all rational and truehearted Americans. Restoring a meaningful future requires resistance against a despotic government. If citizens acquiesce to unconstitutional rule, having a gun will not defeat the traitors. The will to resist all government treason is the first step to prevent national oblivion.
Why do Zionists hate veterans? That is the question many Americans are asking after witnessing the Israel lobby’s media mugging of released prisoner-of-war Sgt. Bowe Bergdahl.
Since 2001, American soldiers have been risking their lives in a crusade whose main beneficiary is the Israeli regime. Nearly 5,000 US troops have been killed in Iraq – almost 4,500 of them since Bush declared “mission accomplished.” Another 4,000 US troops and contractors have died in Afghanistan. An estimated 320,000 veterans have brain injuries, and about 18 commit suicide every day according to Dr. Ira Katz, the VA’s head of Mental Health.
But as the Jewish Daily Forward newspaper admitted, only 0.64 percent of America’s “war on terror” casualties are Jewish Americans. That means that Zionists, the backbone of the Zionist lobby, who represent about 2.5% of America’s population, are massively underrepresented among those doing the bleeding, suffering, and dying in the Zionist-driven War on Islam for Israel.
Meanwhile, hard-core neoconservative Jewish Zionists are massively OVER-represented among the PNAC policy elite that set up the 9/11 “New Pearl Harbor” and launched America’s endless, futile war on the global Muslim population. And they are equally over-represented among big media owners and their pet presstitutes of the punditocracy.
One would think neocon-Zionist media voices would shower honor and gratitude on Sgt. Bergdahl, a good-hearted goy who suffered and sacrificed in a cause that was theirs, not his. Instead, they are showering him with abuse.
Fox News, the unofficial voice of the Netanyahu neocon nutball brigade, recently published the screaming headline: “EXCLUSIVE: Bergdahl declared jihad in captivity, secret documents show.” The story’s author is James Rosen, a Jewish Zionist neocon propagandist. Its source is a proven liar: CIA drug smuggler and convicted perjurer Dwayne “Dewey” Claridge, a notorious asset of the Bush crime family. And its thesis – that Bergdahl “declared jihad” – is an absurdity. (Only a legitimate Islamic head of state can declare jihad.)
Fox – Israel’s stealth beam weapon targeting the American mind – stooped to an even more disgusting low when it began persecuting Sgt. Bergdahl’s family. The rabid Zionist “news channel” ripped Obama for embracing Sgt. Bergdahl’s parents at the White House, and insulted Sgt. Bergdahl’s father for growing a beard and “looking like a member of the Taliban.”
Comedian Jon Stewart responded: “First of all, who the **** are you to judge what a guy does if he thinks it might help him get his son back? And I don’t want to complicate your hatred of facial hair there, friend, but my guess is if you gave Bob Bergdahl a bandana and a duck, you’d like him just-****ing-fine.”
The Islamophobe extremists behind Fox’s Orwellian theater of hate are ranting that Sgt. Bergdahl was a “deserter” and a “collaborator with the enemy.” Why? Because Sgt. Bergdahl, like the majority of Americans, knows that the 9/11 wars were launched on lies…and that the biggest liars were Fox News and the rest of the neocon-infested lamestream media.
It is Fox News and the whole Zio-con “mighty wurlitzer” who are deserters, collaborators, and traitors. By trumpeting the 9/11 big lie, and the endless Islamophobic little lies it spawned, they deserted from the USA to join the worst elements of Israel. They have collaborated in the destruction of the American Constitution. As I told Sean Hannity on his show on July 10th, 2006, Fox should be taken off the air. I should have added that he and the other Fox traitors should be tried, convicted, and lined up against the wall.
On second thought, humane execution might be too gentle a fate for Hannity, media mouthpiece of 9/11 treason. His latest outrage: On June 3rd Hannity invited a friend of Sgt. Bergdahl on his show and brutally bullied the man for resisting Hannity’s sleazy attempts to label Bergdahl a traitor. No wonder so many people watch Fox News purely for the entertainment value of watching imbeciles like Hannity wallow in filth and degradation.
The day before Hannity’s disgusting attack on Bergdahls friend, Fox brought on one of the most maniacal Zionists in Congress, Sen. John McCain, to bolster its attacks on Obama’s prisoner swap. McCain’s father, Admiral John S. McCain, supervised the coverup of Israel’s slaughter of American sailors in the botched false flag attack on the USS Liberty in 1967. Surviving USS Liberty sailors were informed their families would be murdered if they spoke out about Israel’s deliberate butchery of the crew of the unarmed American spy ship. The man behind those threats was the treasonous Admiral McCain.
Senator John McCain has followed in his traitor father’s footsteps. Shot down in Vietnam, McCain’s enthusiastic cooperation with his North Vietnamese captors earned him the sobriquet “the Hanoi Songbird.” After his release, McCain launched a political career whose distinguishing characteristic has been its service to the Israeli flag and the Zionist crime syndicate behind it. McCain covered up the 9/11 inside job by endorsing and introducing the Popular Mechanics book attacking the truth movement – an act that, by itself, should get him hanged for treason. Senator McCain’s favorite post-9/11 refrain: the Beach Boys karaoke number “Bomb-bomb-bomb, bomb-bomb Iran.”
In his interview with the Fox News anti-Bergdahl witch hunters, McCain incoherently attacked General Martin Dempsey, head of the Joint Chiefs of Staff, who reportedly backed the prisoner swap: “I won’t comment on General Dempsey. The point – because I – he has become irrelevant to me, and the whole scenario of talking about national security.”
Let’s be honest here. McCain doesn’t like General Dempsey because Dempsey is pro-American, while McCain is an agent of Israel. McCain and his AIPAC overlords have been lobbying frantically to drag America ever-deeper into the Middle East quagmire; Dempsey has been quietly but effectively blocking those efforts. McCain and his Zionist godfather, Sheldon Adelson, want to “bomb-bomb Iran,” while Dempsey says the era of US wars for Israel is over.
It is McCain and the rest of the neocon armchair-warriors-for-Israel – not Gen. Dempsey – who are becoming irrelevant.
Obama and Dempsey should have traded McCain for Sgt. Bergdahl. And they should have thrown in Hannity and a few dozen more chicken-hawks from Fox News. Five years in a Taliban compound in Eastern Afghanistan would give these cretins time to reflect on their role as genocide propagandists in service to a foreign power.
America’s veterans are gradually realizing how badly they have been misused by the Zionist architects of the 9/11 wars. They are beginning to see through the toxic smog of Fox News propaganda. More and more are turning to alternative media outlets like VeteransToday.com, the most-read veterans publication in America, which takes no prisoners in its unflinching critique of the Israel lobby’s mendacious and malignant crusade against the Muslim world.
For this growing throng of angry veterans, Sgt. Bowe Bergdahl is a hero in the mold of Gen. Smedley Butler, America’s all-time greatest military leader. Butler’s book War is a Racket exposed the fact that, as Michael Rivero puts it, “all wars are bankers’ wars.” Sgt. Bergdahl, like Gen. Butler, has rejected the lying wars and coups of the banksters and Zionists. Like Pat Tillman, Bergdahl rejected a criminal war and paid a price. Now the same forces that assassinated Tillman are performing a character-assassination on Bergdahl.
The media lynching of Sgt. Bergdahl must stop. And if Rupert Murdoch and his genocidal propagandists are not prosecuted soon, America’s patriotic truth-loving veterans may decide to march on Fox News headquarters and give the phrase “media lynching” a new and literal meaning.
Dr. Kevin Barrett, a Ph.D. Arabist-Islamologist, is one of America’s best-known critics of the War on Terror. Dr. Barrett has appeared many times on Fox, CNN, PBS and other broadcast outlets, and has inspired feature stories and op-eds in the New York Times, the Christian Science Monitor, the Chicago Tribune, and other leading publications. Dr. Barrett has taught at colleges and universities in San Francisco, Paris, and Wisconsin, where he ran for Congress in 2008. He is the co-founder of the Muslim-Christian-Jewish Alliance, and author of the books Truth Jihad: My Epic Struggle Against the 9/11 Big Lie (2007) and Questioning the War on Terror: A Primer for Obama Voters (2009). His website is www.truthjihad.com. More articles by Dr. Barrett
The Robber Barons of the 19th and 20th century had nothing over the elites of today’s globalist transnational financial conglomerates. The Richest Americans, listed in Forbes conceals the real power that controls the economy. Net worth is deficient in gauging dominance in financial commercialism and monetary preeminence. The Top 50 Highest-Paid CEOs as reported by ABC News ties into Michael Hiltzik’s account that CEO-to-worker pay gap is obscene, “The average CEO-to-worker pay ratio in 2012 was about 350 to 1.” Yet the divide in pay does not exemplify the exact lose in a livable standard of living for the ordinary staffer.If corporate multinationals were really about creating actual wealth, the pay of inspirational leadership and senior management talent, that executes the business plan, would be incidental if the employees were sharing in affluence. Those who demand higher minimum wage compensation do not understand how business works. The inordinate wealth divide, cannot and will not be reduced, until genuine economic prosperity is achieved.
Analyze the idiocy of a naive Undergraduate Research Fellow, Brian Chesley in 3 Ways to Reduce the Wealth Gap.
1. Open higher education to everyone.
2. Increase the minimum wage.
3. Increase taxes on the rich.
Such ignorant and illiterate attitudes demonstrate that institutions of higher learning encourage an atmosphere of social collectivism that plays directly into the hands of the new tyrannical tycoons.
The New York Times OP-ED piece by Daniel Altman (an adjunct associate professor of economics at the New York University Stern School of Business and a former member of the New York Times editorial board), proposes a foolish mindset and proposal in To Reduce Inequality, Tax Wealth, Not Income.
“In 1992, the top tenth of the population controlled 20 times the wealth controlled by the bottom half. By 2010, it was 65 times. Our graduated income-tax system redistributes a small amount of money every year but does little to slow the polarization of wealth.”
American household wealth totaled more than $58 trillion in 2010. A flat wealth tax of just 1.5 percent on financial assets and other wealth like housing, cars and business ownership would have been more than enough to replace all the revenue of the income, estate and gift taxes, which amounted to about $833 billion after refunds. Brackets of, say, zero percent up to $500,000 in wealth, 1 percent for wealth between $500,000 and $1 million, and 2 percent for wealth above $1 million would probably have done the trick as well.”
Absent in redistribution of wealth schemes is that the method of authentic free enterprise is never understood. Nor is there ever an effort to reestablish the principles of real business competition. The marketplace of voluntary and mutually beneficial commercial transactions, destroyed by the systemic Corporatocracy model, is the ultimate reason why wealth disparity is so great. The literal legacy of the Robber Barons is the internationalist financial system of central banking that predetermines the outcomes of selective patrons from calculating crony capitalism.
Public companies, once established to develop, produce and sell innovative goods or services are rare in an environment where financial manipulation is the primary vehicle to riches. Equity exchanges, based upon raising capital for industrious and constructive ventures, seldom function for this utilitarian purpose. The global economy, in reality, has perfected an anti-free enterprise filter that stamps out initiative and penalties upstarts that are not part of the cartels.
With the insolvency of the world-banking system an inescapable fact, the prospects for even more concentration of real assets into the hands of the financial elites, posed for the final wealth confiscation, of resources not already in their hands, is upon us.
When the internationalist financial system implodes and business screeches to a halt, a populist movement to clawback century long fraudulent gains of the hidden stashes from the interlocked illuminati families is the only coherent alternative to establish a fiscally sound financial future.
“The 2014 Bilderberg meeting is another example of those “blurred lines” between government, big oil and the financial sector, the three pillars of war. According to some reports, the topics of discussion at this year’s meeting will include the situation in Ukraine and the Russia-NATO relationship, as well as the Transatlantic Trade and Investment Partnership (TTIP), an agreement which, according to Stop TTIP, “is in fact a corporate coup that will take us to a ‘corporatocracy’, a corporate-run world.”
The mental confusion that blocks out the way the world fundamentally functions prevents focusing upon any essential debate as to substitute economic parameters for an equitable stake and remuneration for productive contributions to the success of any commercial venture.
The term Robber Barons, should not be substituted for every prosperous risk taker or self-made entrepreneur. The corruption within the cabal economy is rooted in the very nature of the favorable treatment given to participants in the criminal corporatist syndicate.
As Ms. Lévesque correctly describes the methods and operations of this New World Order neo-feudalism, the only structure that offers any prospects for an economic renaissance must target and strip the political influence of the globalists as much as the confiscation of their vast holdings.
Do not be deceived, by communist or socialist newspeak. Sharing the wealth is not the objective. The goal is imposing an unconditionally surrender upon the banksters, which is serious business. Start with the elimination of the Rehypothecation of Collateral. Lawful business has no room for coexistence with derivatives and swaps.Holding the body politic accountable and committed to breaking up the banksters’ monopoly requires compliance regulatory resistance from within the business community. It is just as important as customer and buyer rejection of the corporate induced consumer society. Sadly, most people simply are uninformed about the principles of sound business.
Most CEO’s are not businesspersons, but are globalist enablers and often are outright thieves. The needed business revolution will not be lead by their ilk.
Real competition can never be encouraged until inventive and audacious risk-takers have practical alternatives to fund their enterprises. Only then, will the wealth ratio narrow as affluence, that is more tangible, expands and the fortunes of the oligarchy diminish.
During the 1990’s the conventional economic wisdom supported the repeal of Glass-Steagall. However, “10 years later, the end of Glass-Steagall has been blamed by some for many of the problems that led to last fall’s (2008) financial crisis. While the majority of problems that occurred centered mostly on the pure-play investment banks like Lehman Brothers, the huge banks born out of the revocation of Glass-Steagall, especially Citigroup, and the insurance companies that were allowed to deal in securities, like the American International Group, would not have run into trouble had the law still been in place.”
This assessment by Cyrus Sanati, also seems to be the typical perception, now that the anemic rescue of the economy struggles to claw back to pre 2008 levels. The separation of commercial banks and investment banking was a cornerstone in finance, since the Banking Act of 1933 established a protective firewall. The Corporatocracy culture that operates as todays dominate economic model, adopts the “Too Big To Fail” paradigm. Tapping an unending stream of capital for acquisitions, mergers and poison pill financing to fend off unwanted suitors, is a continued requirement to survive in a global investment environment, where soveriegn wealth funds operate as preparatory pirates.
Commercial banks once had a clear mission statement and purpose, underwriting business and mortgage loans. Since Investment Banks, now allowed to access the Federal Reserve discount window programs, because they are now considered depository institutions, the impact of the repeal of Glass-Steagall becomes evident.
The financial mortgage meltdown, as a primary cause of the collapse of the economy, has never been resolved. Bloomberg reports in Basel Spurs Big-Bank Borrowing From U.S. Home Loan Banks.
“Lending at the 12 regional Home Loan Banks rose 30 percent to $492 billion between March of 2013 and December 2013, largely the result of advances made to JPMorgan, Bank of America Corp., Wells Fargo & Co. (WFC) and Citigroup Inc., according to a report released today by the Federal Housing Finance Agency Office of the Inspector General.
The concentration of Home Loan Bank lending in four large institutions could present safety and soundness risks, the report said. In addition, auditors questioned whether lenders created to support housing finance should be providing funds so banks can meet standards set under the international Basel III accord.”
Now does anyone seriously expect that the money center banks dedicated their capital to fund mortgages for the masses? The notion that such mega institutions prefer to function as commercial lenders is a stretch at best. Nevertheless, the investment banking culture is changing out of necessity. The Volcker rule has taken its toll on the whales of finance.
Over two years ago, the announcement that Citigroup to Close Prop Trading Desk, was news. Even before that shift, the banksters began plotting to circumvent the regulator restrictions. “In October 2010, the proprietary trading group at Goldman Sachs left the bank to start a similar operation at Kohlberg Kravis Roberts, the private equity giant. JPMorgan Chase moved its proprietary desk out of its investment bank and into its asset management unit last year, and Morgan Stanley has said it will spin its proprietary operation into a separate entity later this year.”
A prominent proponent of restoring Glass-Steagall has been the Larouche Pac.
“Glass-Steagall is the indispensable first step to global economic recovery. It will immediately halt the onset of hyperinflation, remove government commitment from bailing out toxic debts, end too-big-to-fail banks, and force a separation of commercial banking functions from investment banking functions, thus cleaning up the nation’s banking system to make way for real, long-term investments.
There are now two bills in each house calling for the restoration of President Roosevelt’s 1933 Glass-Steagall law. H. R. 129 & its Senate companion bill S. 985, introduced by Rep. Marcy Kaptur and Senator Tom Harkin respectively, and most recently, S. 1282, known as the “21st Century Glass-Steagall Act,” championed by Senator Elizabeth Warren, whose companion House bill, H.R. 3711 was recently introduced on December 11, 2013.”
It is disappointing that progressive collectivists are leading the effort for a return to a law that served well for decades. The absence of bipartisan support is disturbing. Lefty loons embrace Elizabeth Warren for many foolish reasons. In spite of this, her claim that, “Reintroducing Glass-Steagall will make it so depositor’s money cannot be used for the derivatives market” is a desired objective.
When Yaron Brook and Don Watkins argue in Forbes, Why The Glass-Steagall Myth Persists, they seem indifferent about accelerating the “Too Big To Fail” mentality that became the operative political concern, as the megabanks took on more leverage and risk.
“In 1999, President Clinton signed GLB into law. Although it left the bulk of Glass-Steagall in place, it ended the affiliation restrictions, freeing up holding companies to own both commercial and investment banks.
There is zero evidence this change unleashed the financial crisis. If you tally the institutions that ran into severe problems in 2008-09, the list includes Bear Stearns, Lehman Brothers, Merrill Lynch, AIG, and Fannie Mae and Freddie Mac, none of which would have come under Glass-Steagall’s restrictions. Even President Obama has recently acknowledged that “there is no evidence that having Glass-Steagall in place would somehow change the dynamic.”
Of course, the establishment political class would never admit that their financial donors and patrons must hinder their unbridled trading strategies. The point of the proposed bill, 21st Century Glass-Steagall Act of 2013 or any other legislation that attempts to reign in the excesses of the banking system is that the political will is entirely absent to go against the banksters. Enactment of an updated Glass-Steagall is certainly not the definitive answer to an unsustainable debt ridden financial fiat banking system. Yet, where does one start to build public critical mass to replace the private Federal Reserve monopoly on money, with economic commerce, that is not the prisoner of banking exploitation? The disastrous institution that fails us all is the current banking cartel.
All the attention over the epoch vote by Crimean’s to leave the Ukraine makes for a timely review of other separatist factions that are seeking a similar resolution. The List of active separatist movements in Europe is exhaustive. The immediate impression is that a pervasive discontent, shared by legions of subjects, who want independence and self-determination, will be hard to derail. When European autocratic and aristocrats ruled, the only option was revolution. Today the descendants of the old regimes still wheeled power under the guise of democratically elected authorities. However, separatist sentiment does not mean the same to every splinter group.
Examine Europe’s Latest Secession Movement: Venice, for a telling indicator.
“An organization representing a coalition of Venetian nationalist groups, held an unofficial referendum on breaking with Rome. Voters were first asked the main question -“Do you want Veneto to become an independent and sovereign federal republic?” -followed by three sub-questions on membership in the European Union, NATO, and the eurozone . . .
As the referendum’s organizers announced the results: 2,102,969 votes in favor of independence—a whopping 89 percent of all ballots cast—to 257,266 votes against. Venetians also said yes to joining NATO, the EU, and the eurozone.”
Note the significance of wanting to be part of NATO and the EU.
Next, look at the more widely reported effort, in the land of “Braveheart” William Wallace. Scottish secession remains unlikely, but momentum is with the schismatics provides a more stately viewpoint from the Commonwealth.
“After months of comfort for the pro-unionist ‘Better Together’ campaign, the most recent polls point to a tighter race with 40 percent of Scots supporting secession. With six months to go, the momentum appears to be with those seeking an amicable divorce.
Scottish independence would not lead to a republic. Queen Elizabeth II (I of Scotland) would remain head of state, a smart move by the ‘Yes’ campaign to de-radicalize independence and make the electorate feel more comfortable with a vote for change. The debate has therefore become more focused on incrementalism, with plans for an independent Scotland retaining both membership of NATO and the European Union, a common currency with the rest of the UK, and open borders.”
A video from the Carnegie Council gives a spin in Which Separatist Movements Will Succeed, which plays down the urgent motivation for “FREEDOM” for an evolutionary approach.
An essay out of Wharton, Is Secession the Answer? The Case of Catalonia, Flanders and Scotland, points out the obvious, while illustrating the problematic.
“It may seem paradoxical in an age of global communications, but the revival of regionalism “is a global phenomenon,” notes Jacob Funk Kierkegaard, a senior fellow at the Peterson Institute for International Economics, a Washington, D.C. think tank. Today’s high-speed technologies, including the Internet, “enable people to start a campaign and get out their message” quickly and repeatedly to like-minded people who might have harbored such desires in private.
Beyond its unique constitutional challenges, Catalonia faces another hurdle: The eurozone has a de facto veto over its independence. “If Catalonia becomes independent, will they [still] be part of the eurozone?” Kierkegaard asks, adding that, if Catalonia votes to secede, the EU response could be that “you will have to issue your own currency, and your banks will have no access to the European Central Bank. You won’t automatically have a seat on the ECB governing council.”
The Spanish situation, by contrast, the establishment would have you believe the militant Basques ETA nationalists harbor violent resolve. The YouTube Thousands March In Spain In Support Of ETA, reports that the EU labels this movement as terrorists. Therefore, it comes as no surprise that the Catalan Sovereignty Claim Blocked by Spain Constitutional Court, is but a spillover effort to discredit the Catalonia’s claim. “Sovereignty is “not contemplated in our constitution for nationalities and regions that make up the state” and no one can break the principle of the “indissoluble unity of the Spanish Nation,” the ruling said.Such illustrations, all exhibit unique local concerns and grievances, while sharing a basic distrust of national authority. What stands out is an anserine eagerness to remain part of the EU and NATO. This factor may be a distinctively European trait, which seems to be lacking in the proper understanding that the surrender of national authority to a body of central banksters, social technocrats and empire military mercenaries, is the fundamental cause of popular dissatisfaction.
Pat Buchanan in the article, Is Red State America Seceding?, provides numerous other European examples of discontent, then goes on to cite secession initiatives in the United States. It is striking that our countries unique experience has a shape difference from the blue-blooded patricians’ clashes that mark the history of Europe. Because of this difference, the indigenous cultures on the continent have never developed the same passion of individual liberty, which is inborn in the American revolutionary spirit.
Applying the same principles defended in the View from the Mount essay, Secession Movement Ready to Take Hold, would serve our European cousins well, in breaking up the EU and their NWO oppression.
“Governments fall, while a consensual nation state can still survive. With the destruction of an accepted traditionalistic national identity, time-honored heritage becomes the target of dictatorial “do gooders” who facilitate subjugation of independent self-governing states.
Blowing out the candles of federal absolutism is the imperative of our age. Secession is not a dirty word, but is an indispensable solution. Dissolving the union of the suppressed, under the auspices of the subverted elite, is the path to social freedom and human liberty.”
Libertarian and author L. Neil Smith argues, “What happened in America in the 1860s was a war of secession, a war of independence, no different in principle from what happened in America in the 1770s and 1780s.” Compare most of the secession movements in the 21th century as half measure efforts that are not willing to take on the yoke of the globalist central banking financial system. The lessons presented in the Radical Reactionary article, Representation, Secession and Taxation, should be applied and adopted by the European secession movements.
“As discontent rises and practical solutions evaporate, that dirty historic sentiment begins to bubble to the surface, SECESSION. Russell D. Longcore provides a standard, when secession is a vital and justified option that many would accept.”Secession should be solemnly deliberated by the elected representatives and the state citizens. Secession should be initiated at the moment that any state reaches the point at which it will no longer accept the despotic tyranny and laws coming from the US Federal Government in Washington, DC. Or, secession should be initiated upon a collapse of the Dollar, or the imposition by Washington DC of martial law in the event of social upheaval.”
Discontent is not enough to overthrow the tyrants, who have definitively proven, that a European Union based upon top down authoritarianism is a lawful substitute for locally ruled government based upon common ethics and cultural heritage.
The dramatic rise in opposition to the ruling elites is most encouraging in the eternal struggle against despotism. However, the European socialist welfare model has produced generations of soft stock and irresponsible subjects. Surrendering national sovereignty was the monumental failure of the post war era. Open borders to a confederation of dissimilar ethnic groups, attracts the disparate and incongruent, which builds even more pressure for secession.
As it stands today, the prospects for successful secession movements to attain their independence and autonomy are slim because each are fragmented. The correct and necessary element for separation, must be based upon, the dissolution of the European Union and the elimination of the central banking system, under the control of the international banksters.
Countries need to exercise their proper authority to coin their own currencies and maintain low taxation levels that fund minimum governmental functions.
While such a goal and objective is justified, the globalist controllers will not allow a serene exit from the monolith that they created. Marginal regional self-rule may eventually be reluctantly recognized, only if the basic leviathan structure remain intact and accepted by disgruntle camps. Notwithstanding, that approach can and will never bring about a restoration of national self-determination.
It is time for secession movements to unit and coalesce around a few fundamental principles, which they all share. The regional concerns are issues for local administration. Taking on the monster of globalist governance is a universal task.
Consequently, the undertaking domestically is to build ground swell defiance that moves past a modest grassroots opposition to incorporate the bulk of the rapidly declining middle class. This genuine moral majority must be willing to marginalize the federal government and restore the rightful authority of individual state jurisdiction.
If timid and docile Europeans are engaging in secession movements in such significant numbers, what is the excuse for industrious and energetic Americans from doing the same? This was the country for the home of the brave. Now is the time to restore that outlook with direct action.
It should be obvious that the recent putsch and regime change in the Ukraine inspired and backed by the U.S. shadow government, benefits the international banksters. For the average EU resident, only further economic displacement and diminished prospects can be expected from any inclusion of Ukraine into the EU dictatorial structure. Not so, for the corporatists who expects expanded opportunities as Consortium News analyzes agricultural and energy companies recent involvement within the Ukraine.While corporatists want to extend their monopolies, the appeal of joining the EU with privileges of travel, relocation and better employment, has a very high price tag. So what is really behind the cover that the Brussels technocrats like to provide for the heavy hand treatment, which the banksters always demand? Look to the methods of the IMF for part of the answer.
Michel Chossudovsky of Global Research, in the detailed essay Regime Change in Ukraine and the IMF’s Bitter “Economic Medicine”, gives a comprehensive account of the handpicked players that are eager to do the bidding of the IMF.
“Shortly after his instatement, the interim (puppet) prime minister Arseny Yatsenyuk casually dismissed the need to negotiate with the IMF. Prior to the conduct of negotiations pertaining to a draft agreement, Yatsenyuk had already called for an unconditional acceptance of the IMF package: “We have no other choice but to accept the IMF offer”.
He explains the methods of the standard game plan that the IMF uses to impoverish the peasants and steal assets and resources.
“While the privatization program ensures the transfer of State assets into the hands of foreign investors, the IMF program also includes provisions geared towards the destabilization of the country’s privately owned business conglomerates. A concurrent “break up” plan entitled “spin-off” as well as a “bankruptcy program” are often implemented with a view to triggering the liquidation, closing down or restructuring of a large number of nationally owned private and public enterprises.”
In addition, the 21th Century Newswire reports that the US Quietly Snatches the Ukraine’s Gold Reserves and corroborated by the same Prof Chossudovsky, it becomes clear that economic conquest is a prime component behind the staged coup.
“According to reports out of Kiev, the US has quietly transfers 33 tons of Ukrainian gold out of the country and back to vaults in the US. Presumably, this sovereign wealth transfer would be counted as partial “collateral” for a fresh round of IMF, US FED, and ECB paper debt that is currently being organized for dumping into the Ukraine’s economic black hole.”
“Later a returned call from a senior official of the former Ministry of Revenue reported that tonight, on the orders of one of the new leaders of Ukraine, the United States had taken custody of all the gold reserves in Ukraine.”
Finally, economist Michael Hudson in Who In Ukraine Will Benefit From An IMF Bailout?,
“The objective of IMF loans is to deindustrialize the economy. It is to force the economy–meaning the government when you say the economy–the government has to pay the IMF loan by privatizing whatever remains in the public domain. The Westerners want to buy the Ukrainian farmland. They want to buy the public utilities. They want to buy the roads. They want to buy the ports. And all of this is going to be sold at a very low price to the Westerners, and the price that the Westerners pay will be turned over to the Ukrainian government, that then will turn it back to the Ukraine. So whatever the West gives Ukraine will immediately be taken back.”
Watch the informative video, Who In Ukraine Will Benefit From An IMF Bailout?, for the Real News assessment, that clarifies these developments. Now shift to the recent announcement that the EU Signs Association Agreement With Ukraine for a viewpoint reported by Radio Free Europe.
“This deal covers the most existential and most important issues, mainly security and defense cooperation,” Yatsenyukd said. “This deal will establish a joint decision-making body, which is to facilitate the process of real reforms in my country. And this deal meets the aspirations of millions of Ukrainians that want to be a part of the European Union.”
What exactly can the EU offer by way of defense cooperation? Yes, this is the same central banker stooge, who the Wall Street Journal describes as Washington’s Man Yatsenyuk Setting Ukraine Up For Ruin. Without the United States, the EU is a paper tiger. NATO is not an alliance, but a branch of outposts to deploy American troops. How does this phony agreement between the EU and Ukraine help the economic interests of either party?
Such a display of destitution only makes the illegitimate installed Ukraine government look like the vassal state that it has become. Bob Livingston over at Personal Liberty Digest has it correct, “The Ukraine situation is a bankster-orchestrated crisis with the short game more money printing and the end game global governance.”The EU governance aspect is the eventual goal, but the immediate economic dislocation that even the talk of sanctions against Russia has, with the trading partners within the EU, surely will experience real pain. These conditions create the perfect storm for the IMF banksters to apply their vile craft.
Now that the Ukraine is reduced to beggar status, the gang of approved corporatist will feast like vultures upon the remains of fire sale assets. Once again the formula imposed upon Ireland, Spain and certainly Greece, will be used to guarantee the billions in EURO credit that will flow into the secret bank accounts of the new junta.
Capturing the Ukraine is more about geopolitical asset thievery than assimilation into the European Union. However, the EU marketed, as a lawful “community of nations” is nothing more than the political front for the money counterfeiters. Fashioning economic distress is the business of the unholy alliance. NATO, the IMF and the EU serve the shyster and shylock central banking system. Ukraine is just the latest victim.
Debt is everywhere but it just does not seem to matter. Thanks to the folks at Zero Hedge, you get the account Global Debt Crosses $100 Trillion, Rises By $30 Trillion Since 2007; $27 Trillion Is “Foreign-Held” – “Total global debt has exploded by 40% in just 6 short years from 2007 to 2013, from “only” $70 trillion to over $100 trillion as of mid-2013, according to the BIS’ just-released quarterly review“. They make this assessment:
“Not surprisingly, given the significant expansion in government spending in recent years, governments (including central, state and local governments) have been the largest debt issuers (Graph C, left-hand panel). They mostly issue debt in domestic markets, where amounts outstanding reached $43 trillion in June 2013, about 80% higher than in mid-2007 (as indicated by the yellow area in Graph C, left-hand panel). Debt issuance by non-financial corporates has grown at a similar rate (albeit from a lower base).”
There seems only one valid conclusion drawing upon these figures. Whatever economic activity exists is based upon government expenditures and that corporations have lowered their interest rates on their outstanding debt. The former is most disturbing, while the latter, under normal circumstances, would offer a promise of an expanding economy.
Since the former middle class has endured the greatest loss of income and experiences a distinct lowering in their standard of living since the financial meltdown, the prospects of main street prosperity seems remote at best. Corporations, as a whole, have improved their balance sheets as they lower their debt service, accompanied with cost efficiencies and reduction in employee costs. The day of the upward mobility career looks like a distant memory for the working class.
Government employment is growing, but such a public sector economy never produces actual wealth. Only a disturbing burden of welfare obligations of all kinds and an increase in state debt comes out of this pattern of a false and unsustainable economy.
On the contrary, is that ultimate collapse inevitable when the paper financial system just keeps churning out a rise in the stated 40% increase in debt in just 6 years? Why not just continue the quantitative easing influx of funds to roll over past debt and purchase the new bonds needed to run the State/Corporate economy. If this irrational strategy is not working, why has the bottom not dropped out of the world economy?
This is a very sobering viewpoint that defies the normal predictability of mathematical consequences. Surely, there can be no debate that this 100 Trillion indebtedness will never be paid off. However, the political accommodations always seem to invent another rescue plan that prevents the wheels of commerce from stopping.
The reason why the elites are able to get away with this practice of delaying the inescapable is that they make the rules of how to elude the last constrains that would impose accountability. The financial game is like a moving target that never flies out of range. The quarry just changes direction and speed. Requirements for default are rewritten and the next imposition of austerity packages demands even more harsh burdens for the taxpayers. Net result from this tactic is that the purchasing power of all paper currencies loses value.
Possessing a monopoly on money means that this alarming world indebtedness only requires a periodic company bankruptcy that liquidates the stockholder equity or a governmental devaluation of its currency, which further impoverishes its citizen’s wealth.
Remember that the Bank of International Settlement is the central bank for all the other banksters’ own fiat fractional reserve branches. The essential question to investigate is why does every readjustment of national borders with the creation or demise of a particular country, immediately establish a national bank that conforms to the standards of the banksters’ financial system?
The obvious reason lies within the control of debt created currency. Not until every facet or deed of possessions is encumbered with a property lien, will the debt total be modified to superimpose a new financial order.
The uber-rich are not a function of amassing wealth alone. Titans of financial oppression are manipulators of the political banking system. Being part of the decisions that expropriate from the common-man and consolidates greater control under the auspicious of an evil elite, is the chart that needs to be tracked.
Funny money always buys fewer possessions. However, global indebtedness diminishes human freedom on a far more vast scale. While the economics of inconceivable debt defies intellectual acceptance, the absurdity of the geo-politics moves further to an institutional enslavement that is even more unimaginable to the naive laborer in a corporatist environment.
How many times have you heard soothsayers and investment guru’s forecast that the collapse is imminent? By all logic, they should be right. Nonetheless, there is to all intents and purposes, no end to the economic and governmental subjugation that continues uninterrupted.
Public and private debts are ultimately satisfied when insolvency turns into liquidation. Lawful and legal procedures do not apply when entire countries and economic alliances go on the chopping block. In the end, the trillions in unpaid debt instruments will continue to accrue interest from the theft of several billion peons that are afraid of resisting the established global order.
Economic prosperity is possible, but only after the chains of financial incarceration is broken. Within this zero interest rate backdrop, the acumination of untold fortunes grows as the people sink into a greater poverty. This plan is working well for the banksters.
Next, the winds of war are on the horizon to ratchet up another phony conflict in order to sell an even greater austerity to the public. It is very plausible that a 100 trillion measure will be but a long forgotten barrier when the gnomes of financial pillage ramp up their next rescue scheme.
Never underestimate the creative criminal wizardry of the central banksters to sell their next round of thievery or the gullibility of the masses to obey the dictates of outlaw governments.