Top

Mary Poppins, Elizabeth Warren & The American Banking System

October 21, 2014 by · Leave a Comment 

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.

And the Federal Reserve’s chim chem cher-ee chummy coverups are going through the roof too.

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?v=ZewopnA6H7E.

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?v=8yC_voMY6kY


Jane Stillwater is a regular columnist for Veracity Voice
She can be reached at: jpstillwater@yahoo.com

Stocks Plunge 460 Points On QE Exit

October 17, 2014 by · Leave a Comment 

“Financial markets are faced with uncertainty that isn’t going away. The slowdown in Europe is probably in the early innings, the Fed hasn’t begun to raise interest rates, and geopolitical crises seem to pop up by the day.” Jeff Cox, Finance editor, CNBC

Six years of zero rates and trillions of dollars of asset purchases couldn’t stop stocks from falling sharply on Wednesday. All three major indices moved deep into the red, with the Dow Jones leading the pack, dropping an eye-watering 460 points before rebounding nearly 300 points by the end of the session. Risk-free assets, particularly US Treasuries, rallied hard on the flight-to-safety move with the benchmark 10-year Treasury yield slipping to a Depression era 1.87 percent before climbing back above the 2 percent mark. US financials were the worst hit sector, taking it on the chin for 9 percent by mid-day, while Brent crude was soundly walloped, falling to a 47-month low on oversupply and deflation fears. Stock market gains for the year had nearly been wiped out before a miraculous about-face turned Armageddon into a so-so day with survivable losses. Even so, analysts have already started paring back their estimates for 4th quarter growth while traders stocked up on antacid for Thursday’s opening bell.

The proximate cause of Wednesday’s bloodbath was weaker than expected economic data from Europe–which is sliding towards its third recession in five years– droopy retail sales in the US, and a report from Department of Labor showing that wholesale prices for producers are edging closer towards deflation, the opposite of what the Fed is trying to achieve via its aggressive monetary policy.

But the real trigger for the selloff was not the dismal data, but the policies that have been in place since the Financial Crisis of 2008. While the Obama administration has steadily decreased demand by shaving the deficits which provide vital fiscal stimulus for the economy, (On Wednesday, the USG announced the budget deficit fell to $483 billion, the lowest since 2008) the Federal Reserve has been providing trillions of dollars of cheap money to the banks and brokerages. The result of this one-two combo has not only been the biggest transfer of wealth in human history, but also “a fundamental breakdown in the functioning of the global capitalist economy.” As the International Monetary Fund (IMF) noted in a recent paper on the global recovery: “a pickup in investment has not yet materialized…reflecting concerns about low medium-term growth potential and subdued private consumption.” Demand shortfalls in the advanced countries “could lead to sustained global economic weakness over a five-year period.” (IMF report records global economic breakdown, Nick Beams, World Socialist Web Site)

Simply put: The Fed’s policies have made investors richer, but they haven’t created opportunities for recycling profits, which is a critical part of capitalism’s so called virtuous circle. Anemic investment, means less hiring, less spending, weaker demand and slower growth, all of which are visible in today’s sluggish, underperforming economy. Pumping money into financial assets (QE) can fatten the bank accounts of rich speculators, but it doesn’t do jack for the economy. It just creates bubbles that burst in a flurry of panic selling. Here’s more from Larry Elliot at the Guardian:

“Six years after the global banking system had its near-death experience, interest rates are still at emergency levels. Even attaining the mediocre levels of activity expected by the IMF in the developed countries requires central banks to continue providing large amounts of stimulus. The hope has been that copious amounts of dirt-cheap money will find its way into productive uses, with private investment leading to stronger and better balanced growth.

It hasn’t happened like that. Instead, as the IMF rightly pointed out, the money has not gone into economic risk-taking but into financial risk-taking. Animal spirits of entrepreneurs have remained weak but asset prices have been strong. Tighter controls on banks have been accompanied by the emergence of a powerful and largely unchecked shadow banking system. Investors have been piling into all sorts of dodgy-looking schemes, just as they did pre-2007. Recovery, such as it is, is once again reliant on rising debt levels. Central bankers know this but also know that jacking up interest rates would push their economies back into recession. They cross their fingers and hope for the best.” (World leaders play war games as the next financial crisis looms, Larry Elliot, Guardian)

The policies implemented by the Obama administration and Fed have achieved precisely what they were designed to achieve; they’ve enriched the voracious plutocrats who run the system but left everyone else scraping by on less and less. An article in the Washington Post explains what’s going on in greater detail. Here’s a short excerpt from the piece titled “Why is the recovery so weak? It’s the austerity, stupid”:

“Welcome to Austerity U.S.A., where the deficit is back below 3 percent of GDP and growth is still disappointing—which aren’t unrelated facts.

It started when the stimulus ran out. Then state and local governments had to balance their budgets amidst a still-weak economy. And finally, there was the debt ceiling deal with its staggered $2.1 trillion of cuts over the next decade. Add it all up, and there’s been a big fiscal tightening the past few years, something like 4 percent of potential GDP. Indeed, as Paul Krugman points out, real government spending per capita has been falling faster now than any time since the Korean War demobilization. (chart)


Fiscal Impact Measure
Source: Hutchins Center

And, as you can see above, all this austerity has been hurting GDP growth since 2011. It shows the Hutchins Center’s new “fiscal impact measure,” which looks at how much total government tax-and-spending decisions have helped or harmed growth. The dark blue line is what policy has actually done, and the light blue one is what a neutral policy would have done. So, in other words, if the dark blue line is below the light blue one, like it has the last three years, then policy has subtracted from growth.” (Why is the recovery so weak? It’s the austerity, stupid. Washington Post)

By cutting the deficits, Obama reduced the blood flow to the real economy and weakened demand. That’s what torpedoed the recovery. In contrast, stocks and bonds have done remarkably well, mainly because the Fed pumped $4 trillion into financial assets which was a taken as a greenlight by risk takers everywhere to load up on everything from overpriced equities to low-yield junk. Now, after more than three years without as much as a 10 percent correction, the momentum has shifted, volatility has returned, earnings are looking wobbly, and the fear is palpable. Stocks appear to be headed for a major repricing event. Here’s how investment guru John Hussman sums it up in his Weekly Market Comment:

“Our concerns at present mirror those that we expressed at the 2000 and 2007 peaks, as we again observe an overvalued, overbought, overbullish extreme that is now coupled with a clear deterioration in market internals, a widening of credit spreads, and a breakdown in our measures of trend uniformity…

…it has become urgent for investors to carefully examine all risk exposures. When extreme valuations on historically reliable measures, lopsided bullishness, and compressed risk premiums are joined by deteriorating market internals, widening credit spreads, and a breakdown in trend uniformity, it’s advisable to make certain that the long position you have is the long position you want over the remainder of the market cycle. As conditions stand, we currently observe the ingredients of a market crash.” (The Ingredients of a Market Crash, John P. Hussman, Ph.D., Hussman Funds)

Sounds ominous, doesn’t it? And Hussman is not alone either. The bearish mood on Wall Street is gaining pace even among those who focus more on geopolitical issues than fundamentals, like the Bank for International Settlements’ Guy Debelle who said in an interview on CNBC on Tuesday that he was concerned about the possibility of a “violent” market drop, particularly in bonds.

“If I had told you that there were heightened tensions in the Middle East and Eastern Europe, uncertainty about the turning point in U.S. monetary policy, a succession of strong U.S. job numbers, uncertainty about the future direction of policy in Europe and Japan, as well as increased concern about the strength of the Chinese economy, you would not be expecting that to make for a benign time in financial markets,” Guy Debelle of the BIS said. “But that is what we have seen for much of this year.” (CNBC)

But stocks aren’t cratering because of tensions in the Middle East or Eastern Europe. That’s baloney. And they’re not falling because of decelerating global growth, plunging oil prices or Ebola. They’re falling because no one knows what the heck is going to happen when QE stops at the end of October. That’s what has everyone in a lather.

Keep in mind, that 20 percent of the current market cap (more than $4 trillion) is stock buybacks, that is, corporations that have bought their own shares to juice prices. Do you really think that corporate bosses are going to play as fast and loose after the Fed stops its liquidity injections?

Not on your life. They’re going to pull in their horns and see what happens next. And if things go sideways, (which they very well could) they’re going to cash in and call it a day. That’s going to drive down stock prices and send markets reeling.

Stocks have nearly tripled since March 2009 when the Fed started this “credit easing” fiasco. So if stocks rode higher on an ocean of Fed liquidity, then how low are they going to go when the spigot is turned off? There are some, like technical strategist Abigail Doolittle, who think the S and P 500 could suffer a major heart attack, dropping as much as 60 percent before equities touch down. Check it out from CNBC:

“(Abigail) Doolittle, founder of Peak Theories Research, has made headlines lately suggesting a market correction worse than anyone thinks is ahead. The long-term possibility, she has said, is a 60 percent collapse for the S&P 500.

In early August, Doolittle was warning both of a looming “super spike” in the CBOE Volatility Index as well as a “death cross” in the 10-year Treasury note.

And so it’s come to pass at least for the VIX, which has jumped 74 percent over the past three months and crossed the 20 threshold that historically has served as a dividing line between complacency and fear. That’s its highest level in nearly two years. From Doolittle’s perspective, the spike represents a bad-news/bad-news scenario … that the near-term selling action is likely to continue and even accelerate…

…she thinks “violent waves of selling action” could send the VIX all the way to 90—even beyond its peak during the financial crisis.” (CNBC)

Now maybe Doolittle is just exaggerating or paranoid, but her conclusions do seem to square with CNN Money. Here’s a clip from yesterday’s article:

“CNNMoney’s Fear & Greed Index is a good indicator of market momentum. Today it hit zero. That’s a huge red flag and showcases extreme fear in the stock market. The only other time the index ever touched that low point is in August 2011 — shortly after Standard & Poor’s downgraded the U.S. debt.

Volatility — or what some are calling “market whiplash” — is clearly back in the market. The VIX, an index that measures volatility and is one of the factors that goes into the Fear & Greed Index — spiked again today. It’s up a whopping 60% in the past week alone.” (Extreme Fear in stock market, CNN Money)

So fear and volatility are back, but liquidity has suddenly gone missing. That sounds like a prescription for disaster to me. So what can we expect in the weeks to come?

Well, more of the same, at least that’s how Pimco’s former chief executive officer Mohamed El Erian sees it. Here’s how he summed it up on Wednesday in a Bloomberg editorial:

“Though unlikely to be as dramatic as today, market volatility can be expected to continue in the days and weeks to come as two forces compete: first, the forced deleveraging of certain investors, particularly overstretched hedge funds registering big October losses; second, central banks scrambling to say all sorts of reassuring things. All of this will serve to reinforce October’s longstanding reputation as a threatening month for investors around the world.” (October’s Wild Ride Isn’t Over Yet, Mohamed A. El-Erian, Bloomberg)

Did he say “forced deleveraging”?

Uh huh. So, after a 6 year bacchanal, the Fed is finally going to take away the punch bowl and force the revelers to pay down their debts, clean up their balance sheets, and take a few less risks. Is that it?

Yep. It sure looks like it. But, that could change in the blink of an eye, after all, the Fed has its friends to think of. Which means that Ms. Yellen could announce QE4 any day now.


Mike Whitney is a regular columnist for Veracity Voice

Mike Whitney lives in Washington state. He can be reached at: fergiewhitney@msn.com

The Power Barons: Humanism’s Deities

October 12, 2014 by · 1 Comment 

A recent study by Harvard Business School found that United States corporate executives make over 300 times as much as the average worker.  Based on a $30,000 annual worker income and a 40 hour week the CEO gets $4326.00 an hour while the worker gets $14.42.

In the mid-thirties during the depth of a serious depression executives at General Motors were making 200 times as much as their workers. It was this disparity that helped set the stage for a power shift from the corporate moguls to John L .Lewis  and his CIO (Congress of Industrial Organizations).  John L. Lewis and hundreds of thousands of disgruntled workers succeeded in forcing well-armed and well connected corporate executives to allow collective bargaining which ultimately unionized large portions of the U. S work force.

It was a struggle of epic proportions that bared the fangs of the power elite against the will and leadership of the workers.  It began at the Chevrolet Body Plant in Cleveland, Ohio and spread to Flint, Michigan then to Atlanta, Kansas City, Pontiac, and finally to Detroit itself.  Nearly half a million workers were involved.  At Flint they staged a sit in where the workers sat at their stations day and night.  Machine guns were brought in.  The courts got involved. Finally an injunction was issued.

The strike began on December 28, 1936.  The edict ordered prison sentences and million dollar fines if the strike was not stopped by February 3rd.  Governor Frank Murphy of Michigan called out the National Guard who along with strike breakers armed with clubs and crowbars surround the Flint Plant.

According to William Manchester’s account in “The Glory and the Dream” Governor Murphy was ready to send the bayonets of the National Guard against the workers when at the last moment he called John L. Lewis asking what he should do. Lewis replied, “You want my answer, sir?  I shall personally enter General Motors Chevrolet Plant Number Four.  I shall order the men to disregard your order, to stand fast.  I shall walk up to the largest window in the plant, open it, divest myself of my outer raiment, remove my shirt and bare my bosom.  Then when you order your troops to fire, mine will be the first breast that those bullets will strike.  And as my body falls to the ground, you will listen to the voice of your grandfather as he whispers in your ear, ‘Frank, are you sure you are doing the right thing?’” (Murphy’s grandfather had been hanged in an Irish uprising.)

Fourteen strikers were wounded during the night but Murphy backed down and finally ordered GM not to prevent the strikers from carrying food to the sitting strikers.  With President Roosevelt silent and Governor Murphy aiding the strikers the corporate elites succumbed, signing contracts for collective bargaining.  Unionization spread rapidly into other big corporations.

Globalization was anathema to union workers.  When the rape of United States markets was set in place by our elected officials through ratification of international trade legislation a great burden was placed on unions.  The rush to be competitive in world markets was diametrical to unionism.

Justice is a prerequisite to peace.  When human power is concentrated and not prescribed ghastly actions often result.  God’s overarching legal system provides perfect justice and a necessary restraint; when it is cast off the power swings that marked unions and management replace it.

In our time a more insidious power structure threatens our well-being. For at least a century a systematic plan has been in place to bring the nations of the world under international law.  Nation after nation has been subverted by monstrous, opaque centralized power.  Every major nation of the Western world has been subjected to stealth control. Debt is the weapon.  Since Islam forbids most debt, Muslim nations are harder to conquer.   Military force is necessary and the United States is being used as an instrument of conquest.

Corporate mergers have created behemoths that have little competition and are tyrannical in their own rite. The furtive power seekers are not planning a free society.  Their vision appears to be a controlled environment similar to China.  As economic pressure drains wealth from the United States and oppression ramps up, our standard of living falls, eventually bringing us to par with third world labor.  It is like a 007 movie where James Bond has accepted a bribe to join Blofeld.

Globalization is marred by the illegal procedures used to bring it about.  Wealthy and powerful men and women conspired to burglarize, undermine, and tyrannize the entire population of the world. Their methods are bribery and intimidation and the results of their evil intentions are apparent around the globe.

One wonders if an honest, forthright free-will proposition had been presented to the people of Western Civilization they might have voluntarily participated in bringing the Far Eastern Nations into their economic circle and endorsed an international legal code that would guide global trade.  Conspiracies are sometimes successful but they are wicked and harsh.

Recently, the National Press Club hosted a debate on War and the Constitution between Bruce Fein, a Ron Paul adviser and resident scholar at the Turkish Coalition of America, and John Yoo,  a wily Korean born Constitutional Lawyer and prominent Bush II adviser. C-Span carried the debate.  Yoo maintained that the increase in the power of the Executive Branch of our government was a result of congressional acquiescence and Fein maintained that it is up to the people to elect officials that will abide by the Constitution.

The contending positons were logical and convincing but as with all of public discourse the core issues were evaded.  No one mentioned the fact the incumbent elected official have the political clout to codify unconstitutional and tyrannical law while continuing to garner enough votes to stay in office.  Yoo claimed that congressional leaders are regularly consulted on Executive Orders and other major decision.inclosed sessions; no one mentioned that this plotting is inimical to the well-being and health of the nation.

Consider the repercussions if a nuclear bomb had been dropped on the city of Detroit!   Legislation passed by our elected officials has caused similar damage.  In a recent interview a Detroit official said that there are 80,000 derelict homes in the city. They are being demolished in a process that is similar to cleaning up after a major attack.  The destruction of this once great city is a result of the heretical actions of our own government and it has been done without as much as a whimper from our citizens.

Fein was right when he placed responsibility with the people but at this point the statement was mute for not only has the damage been done but our people are still inert and deluded. Because we have forsaken the Creator and cleaved to the creature our delusion has allowed us to sink so far into the quicksand that escape seems improbable.

Rousas Rushdoony writes “To control the god of any system is to control the men within it. The long battle between church and state has this fact at its roots.  Orthodox Christianity gives us a God who is beyond the control of church and state alike.  Hence the God of Scripture has been resented by civil governments, and attempts to subvert orthodox Christianity and its churches have been legion.  The church too often has been restless under so sovereign a God; churchmen too prefer a god who can be put into man’s pocket.”

The citizens of the United States of America worship humanistic gods.  Our deities are designed and controlled by human beings.  These gods, created in human minds, have been in place for most of United States history.

Now the chickens have come home to roost!

Human beings were not created to govern themselves and when the anarchy of human opinion gains leverage over society, absurdity, chaos, and tyranny soon follow.

In the Harvard survey U. S. citizens guessed that corporate executives were making about 30 times the average worker’s wage.   Citizens in other nations made similar errors in estimates.

It is readily apparent that the captain of the ship fills a more important role than a kitchen worker but to accurately measure and quantify that difference is difficult.

What is interesting, however, is that the U. S. tops the world in the size of its wage inequity.  Switzerland is 2nd and Germany is 3rd, both have disparities of about 150 times the average worker or half that of the U. S. Wage inequity is not the only area in which our nation excels:  We incarcerate the larger percentage of our citizens than any other nation in the world (including China and Russia); we have the world’s largest army.  We had the world’s largest economy before the power barons began to dismantle it.  We are probably the most violent nation.  Violence brought the United States independence, violence freed the slaves and preserved the nation, violence conquered the West, it was the instrument of land acquisition, and of efforts to subdue rebels.  Now it is being used to subdue the Muslim world.

When we are too lethargic to stop voting in elections that are rigged and too lazy to verify that our news is mostly propaganda and lies, we have no chance of helping to bring our profligate nation back under the sovereignty of the One True God.

God’s Law provides perfect justice.  Peace is impossible without justice.  When injustice becomes ingrained in a society that society comes under judgment and God’s judgment can be grueling.  If Bruce Fein’s charge to U. S. citizens ever finds fertile ground it must start with Christians.  Christians are required to be the light of the world.  Light reveals what darkness hides.  It is long past time for Christians to discern and reveal the evil that confronts us.


Al Cronkrite is a writer living in Florida, reach him at: trueword13@yahoo.com

Al Cronkrite is a regular columnist for Veracity Voice

How Stable Is The Bond Market?

October 5, 2014 by · Leave a Comment 

Seldom does the enormous bond market turn on the fate of a single trader. Well, the news that Bill Gross was leaving Pimco under suspicious circumstances did not go unnoticed. The WSJ writes:

“The yield on the 10-year benchmark Treasury note was hovering around 2.506% immediately before the disclosure that Mr. Gross was leaving the hundreds-of-billions of dollars in Treasurys and other debt he oversaw at Pimco to go to rival firm Janus Capital Group Inc.

Within a half-hour, the yield jumped to 2.546%. While a move of 0.04 percentage point    may not seem like much in that period of time, it was perceptible enough in the $12 trillion Treasury market that several traders and strategists attributed it to the news about Mr. Gross.”

Attempting to explain the reasons for his departure, The Economist speculates in the essay, Overthrowing the Bond King. “There appear to be three main reasons behind Mr Gross’s abrupt exit. The immediate cause was his abrasive management style . . . Moreover, Mr. Gross’s public behavior has grown increasingly peculiar of late . . . Such mis-steps might have been forgiven had Mr. Gross’s charmed streak as an investor continued. But over the past three years, several misjudgments have caused his funds to lag.”

At this point What You Need to Know About SEC’s Investigation of Pimco, centers on a relatively small $3.6 billion ETF, exchange-traded fund.

“Apparently, Pimco went around buying up small blocks of bonds, known as “odd lots,” at discounts. Pimco then marked their prices upwards using estimates of their values derived from larger blocks of bonds.

If Pimco really couldn’t resell the bonds at the new, higher prices it seems off base. But it also seems plausible the bonds might genuinely be worth more in Pimco’s hands than they were in the hands of whoever sold them.”

The mystic that Pimco enjoyed in bond trading may have sunk from the implications of SEC snooping. Gross seems like he is sprinting for the exit, but is this all that is in play? Investor’s Business Daily paints a smiley face on the open door that Gross’ transfer of loyalties as a positive for Janus Capital Group.

Now step back from these headlines and examine the concerns that have been floated about the bond market for a very long time. Money Beat in an account suggests that aBond Bubble Will Burst in a ‘Very Bad Way’ and reports on the recent Bloomberg’s Markets Most Influential Summit.

“Bonds are at ridiculous levels,” Julian Robertson, founder of one of the earliest hedge funds in Tiger Management Corp., said on a panel at the Bloomberg Markets Most Influential Summit. “It’s a world-wide phenomenon that governments are buying bonds to keep their countries moving along economically.”

Howard Marks, the chairman of Oaktree Capital Group LLC, said interest rates are “unnaturally low today.” Leon Cooperman, founder of Omega Advisors Inc. and former partner at Goldman Sachs, said bonds are “very overvalued.”

Forecasting the direction of government bonds usually focuses on predicting what central banks will do to drive interest rates, either up or down. Since consensus in market watchers has long announced that U.S. Bonds yields are unnaturally low, the calls for a turn upward in interest rates seem ridiculously overdue in coming.

All that seems reasonable; however, the Federal Reserve is playing a much different game from the responding to the normal business cycle.

Since the financial meltdown of 2008-2009, the charts and metric gauges for predicting market movements require a complete overhaul. Betting on U.S. Bonds no longer is based solely on domestic factors.

ZeroHedge cites David Tepper Is Back, Sees “Beginning Of The End” Of Bond Bubble.

“Empirically, Tepper may be right: in the past every time a central bank has launched a massive easing program (think QE1, QE2, Twist, QE3, etc.) it resulted in aggressive stock buying offset by bond selling. The issue is when said programs came to an end, and led to major selloffs in equities, pushing bonds to newer and lower record low yields. So perhaps for the time being, we may have seen the lows in the 10Year and in the periphery. The question is what happens when Europe’s latest “Private QE” operation comes to an end: just how massive will the bond bid be when all the money currently invested in risk assets decided to shift out all in one move.

More importantly, it also explains why central banks now have to work in a constant, staggered basis when easing, as the global capital markets simply cannot exist in a world in which every single central bank stops cold turkey with the “market” manipulation and/or liquidity injections.”

Within this context, why all the hullabaloo over Bill Gross jumping ship? While price inflation is real and grossly underreported, currency deflation still persists over the last six years. Now some may claim this phenomenon proves that stability in the bond market exists. Conversely, if this measure is acceptable to institutional bondholders, are they not accepting very low returns out of fear that the economy still hangs on a precipice.

Always remember that bonds are loans that have an obligation for repayment. Stability is maintained in the core indebtedness with the reimbursement settlement of the principal. Most governments are able to string along the unavoidable roll over so that new funds are raised to refinance.

Not so in every case from private or corporate debt. Just ask the bond holders from GM, better known as “Government Motors”.

Government bonds make up the essential float in the paper trade. As long as the global collateralization of bonds is honored, the planet may be able to avoid the fate of Greece. Pimco is but a pimple when compared to the Federal Reserve’s monetization of U.S. Treasury debt.

Bond professional traders look for an edge. Firms may risk their own capital, but most brokers look to skim an easy commission. It’s the institutions who have the most at stake and need a stable bond market. When not if, the bubble busts or deflates, the air is going to escape and blow over average investors.


Sartre is the publisher, editor, and writer for Breaking All The Rules. He can be reached at: BATR

Sartre is a regular columnist for Veracity Voice

Obama’s “Strategy” And The Ensuing Non-Coalition

September 21, 2014 by · Leave a Comment 

“French aircraft were due to begin their first reconnaissance flights over Iraq,” France’s Foreign Minister Laurent Fabius announced on September 15. Britain is already flying reconnaissance missions over Iraq. Several other countries – Arab ones included – say they are willing to support the air campaign. None seem interested in pledging any ground troops, however.

“Well, you will hear from Secretary Kerry on this over the coming days. And what he has said is that others have suggested that they’re willing to do that. But we’re not looking for that right now,” Chief of Staff Denis McDonough waffled on “Meet the Press” on Sunday, September 14. “We’re trying to put together the specifics of what we expect from each of the members,” he added, which is one way of saying the United States is finding it hard to persuade other countries to provide ground forces – something the self-designed leader of the “coalition” is unwilling to do. Also on “Meet the Press” James Baker noted that the biggest problem “of course, is who are our, quote, ‘partners on the ground’ that the president referred to in his speech. And I don’t know where they come from.” Let it be noted that Baker put forth an ad-hoc strategic plan that was, in fact, far better than the one outlined by Obama. He suggested joining forces with China, Russia, Iran, Syria and others, following a non-UN-sponsored international conference of genuine international leaders.

There are no “partners on the ground” for now, and those that the Administration wants to groom for the role are worse than none: McDonough conceded that ground troops are needed, “that’s why we want this program to train the [Syrian] opposition that’s currently pending in Congress.” In my curtain-raiser on President Obama’s much-heralded speech of September 10, posted two days before he delivered it (“Obama’s Non-Strategy”), I warned that he – disastrously – still counts on the non-existent “moderate rebels” in Syria to come on board, and still refuses to talk to Bashar al-Assad, whose army is the only viable force capable of confronting the IS now and for many years to come. In short, “he has no plan to systematically degrade the IS capabilities, no means to shrink the territory that they control, and certainly no strategy to defeat them.”

Obama’s address to the nation on September 10 confirmed all of the above, but it also contained numerous non sequiturs, falsehoods, and delusional assertions that need to be addressed one by one. (The President’s words are in italics.)

I want to speak to you about what the United States will do with our friends and allies to degrade and ultimately destroy the terrorist group known as ISIL.

This is an audacious statement of intent: not what the U.S. and America’s unnamed “friends and allies” will try to do, but what they will do to destroy an effective fighting force of some 30,000 fanatical jihadists at the time of this writing, and rapidly rising – an army, in fact, which is well armed and equipped, solvent, and highly motivated. Regardless of the coherence of Obama’s proposed methods – more of that later – what he announced is the beginning of yet another open-ended Middle Eastern war in which the United States will be fully committed and in which the “job” will not be considered “done” until and unless the IS is “destroyed.” Newt Gingrich is already salivating at the prospect of America spending “half of a century or more hunting down radicals, growing reliable self-governing allies, and convincing friends and neutrals to be anti-radical.” This nightmare is good news – at home – only for the military-industrial complex, and abroad for the jihadists of all color and hue. “Half a century or more” of such idiocy can only accelerate this country’s road to bankruptcy, financial as well as moral.

Over the last several years, we have consistently taken the fight to terrorists who threaten our country. We took out Osama bin Laden and much of al Qaeda’s leadership in Afghanistan and Pakistan.

Osama bin Laden’s death did not make one scintilla of difference. Al Qaeda’s (AQ) leadership is not a snake but a hydra: you can “take out” a hundred of its leaders today, and another hundred will take their place tomorrow. Successfully killing scores or thousandsof jihadists should not be confused with winning against jihad. More importantly – and Obama seems to be oblivious to the fact – al Qaeda is not a hierarchical organization, but a state of mind and a blueprint for action. Its non-affiliates, too – in Nigeria, Libya, Syria, the Philippines, Kashmir etc. – follow the same guiding principles and seek the same millenarian objectives. As any counterterrorism expert can tell you, “targeted” drone killings are doing more damage than good by angering local populations – which suffer “collateral damage” – thus providing an inexhaustible pool of fresh recruits for the jihadists (quite apart from legal and moral considerations).

We’ve targeted al Qaeda’s affiliate in Yemen, and recently eliminated the top commander of its affiliate in Somalia.

It is breathtaking that Obama should imply that Yemen and Somalia are his administration’s success stories that should be emulated in the campaign against the IS. As Nicholas Kristof noted in The New York Times, “Obama may be the only person in the world who would cite conflict-torn Yemen and Somalia as triumphs.”

Yemen is an ever-growing hotbed of terrorist activity regardless of (and more likely partly due to) more than 100 American airstrikes since 2002, which killed some 500 militants and over a hundred civilians. (When Yemeni kids are disobedient, their parents have a new tool of enforcing discipline: “A big American drone will come and get you!”) The Department of state admitted in its most recent worldwide terrorism report that “of the AQ affiliates, AQAP (Al Qaeda in the Arabian Peninsula) continues to pose the most significant threat to the United States and U.S. citizens and interests in Yemen.” Its success, according to the report, is “due to an ongoing political and security restructuring within the government itself” [i.e. no effective government and no reliable security forces]. “AQAP continued to exhibit its capability by targeting government installations and security and intelligence officials, but also struck at soft targets, such as hospitals,” and it continues to expand territory under its control. Somalia is an utterly failed state with no functioning government, and al-Shabaab’s terrorist base from which complex operations are launched against soft targets in neighboring countries (notably last year’s attack on Nairobi’s Westgate mall, which killed at least 67 people).

If this is the model for the anti-IS campaign, then even a century of Newt’s “hunting down radicals, growing reliable self-governing allies, and convincing friends and neutrals to be anti-radical” will be a fiasco – albeit on an infinitely grander scale.

We’ve done so while bringing more than 140,000 American troops home from Iraq, and drawing down our forces in Afghanistan, where our combat mission will end later this year. Thanks to our military and counterterrorism professionals, America is safer.

The fruits of the war in Iraq are all too visible. It cannot be stated often enough that America’s war against Saddam – who never threatened the United States, and opposed Islamic terrorism – produced the IS, which is now treated as an existential threat which requires another American war to eliminate.

In Afghanistan the Taliban is well poised to make a comeback one, two, at most three years after the end of the American combat mission. It is able to carry out attacks in the center of the capital, Kabul, the latest of which – on September 16 – killed three members of NATO’s International Security Assistance Force. Safer, indeed.

Now let’s make two things clear: ISIL is not “Islamic.” No religion condones the killing of innocents, and the vast majority of ISIL’s victims have been Muslim.

This is surreal. Obama may have been born and raised a Muslim, but he claims not to be a Muslim now; it is therefore as preposterous for him to pass judgments on the Islamic bona fides of Muslim entities as it would be for the Saudi king to decide whether the Orange Order of Ulster or the Episcopal Church are “Christian” (a purely technical parallel, of course). In any event, Obama’s theological credentials were established with clarity in the aftermath of James Foley’s beheading by the IS, when he declared (also in the context of absolving Islam of any connection with the IS) that “no just God would stand for what they did yesterday and what they do every single day.” Since they did what they did, this unambiguous statement means that – in Obama’s opinion – either there is no God, or God is not just.

Contrary to Obama’s assurances, Islam does condone the killing of infidels (non-Muslims) and apostates (Shiites) – they are not “innocents” by definition. And of course Muslims have been killing other Muslims – often on a massive scale – ever since three of the four early caliphs, Muhammad’s immediate successors, were murdered by their Muslim foes. It is immaterial whether ISIS is true to “Islam” as Obama chooses to define it. It is undeniable that it is true to the principles and practices of historical Islam.

Obama either does not know what he is talking about, or he is practicing a variety of taqiyya. As Nonie Darwish put it bluntly in the American Thinker on September 12, Obama does not want to go down in history as the one who destroyed and extinguished the dream of resurrecting the Islamic State. Under his watch Islam was placed on a pedestal and that helped revive the Islamic dream of the Caliphate:

Muslims felt that Obama was their man, under whom they had a chance to achieve their powerful Islamic state. Obama himself was not happy with the military takeover and destruction of the Muslim Brotherhood in Egypt. Jihadist ambition had to move away from Egypt to war-torn Syria and Iraq. For more than two years, Islamists have carried out flagrant and barbaric mass terrorism – beheadings, torture, kidnapping, and sexual slavery of women, men, and children. Obama ignored the problem until it blew up in our faces with the beheading of two Americans.

Even if he could defeat ISIS, Darwish argues, that would turn him into an infidel enemy number one of Islam – one who supported Muslims in their dream of the Caliphate by looking the other way, only to later crush it. Obama therefore cannot be honest about this dilemma regarding ISIS; “a dilemma between his duty to the USA, the country he chose to lead, and his dream of becoming the hero of the Muslim World who taught the West a lesson on how to treat Muslims. Obama will not obliterate ISIS but will contain it, as he said. He will eventually kick the can to the next administration, not only because he hates wars as he claims, but because he does not want to be enemy number one of Islam and the Muslims.” That is Obama’s dirty little secret that explains his paralysis before ISIS, Darwish concludes: “Ironically, the man who claimed to have healed the relationship between the West and the Muslim world will go down in history as the one who helped the rise and the bloody fall of the Islamic State and perhaps America itself.”

And ISIL is certainly not a state… It is recognized by no government, nor the people it subjugates.

Obama does not know the feelings of some ten million people under IS control. Many of those who did not cherish life under its black banner have already fled to Damascus, Baghdad, or Erbil. There is no doubt that it is successful in attracting thousands upon thousands of new recruits every month. And as I wrote in the current issue of Chronicles, the Caliphate is a “state” whether we like it or not:

Traditional international law postulates the possession of population, of territory, and the existence of a government that exercises effective control over that population and territory: a state exists if it enjoys a monopoly on coercive mechanisms within its domain, which the caliphate does. After all, unrecognized state entities such as Transnistria, Abkhazia, Northern Cyprus, South Ossetia, and Nagorno-Karabakh command their denizens’ overwhelming loyalty and exercise effectively undisputed control over their entire territory. Some international jurists may cite the ability of the self-proclaimed state’s authority to engage in international discourse, but that is a moot point. The capacity to control a putative state’s territory and population almost invariably leads to such ability, regardless of the circumstances of that state’s inception: South Sudan is a recent case in point, and the creation of Israel in 1947 also comes to mind.

ISIS controls an area the size of Montana in northeastern Syria and western and northwestern Iraq. It has substantial funds at its disposal, initially given it by the Saudis, Kuwaitis, Turks, Qataris, Bahrainis, UAE donors, et al., and augmented to the tune of half a billion dollars looted from the Iraqi government vaults in Mosul and Tikrit. It is effective in collecting taxes, tolls, and excise duties. With no debts or liabilities, the existing stash and ongoing cash flow makes the emerging Caliphate more solvent than dozens of states currently represented in the UN. It has enough oil and derivatives not only for its own needs, but also to earn the foreign exchange needed to buy all the food and other goods it needs from abroad.

ISIL is a terrorist organization, pure and simple.

It is not that (see above). This statement reflects a conceptual delusion which ab initio cannot provide the basis for a sound strategy. Obama’s own State Department declared as far back as July 23 that “ISIL is no longer simply a terrorist organization” – or at least that is what Brett McGurk, deputy assistant secretary for Iraq and Iran, told a House Foreign Affairs Committee hearing on that day. “It is now a full-blown army seeking to establish a self-governing state through the Tigris and Euphrates Valley in what is now Syria and Iraq.”

And it has no vision other than the slaughter of all who stand in its way.

It does have a vision. That vision is eminently Islamic in its millenarian strategic objectives, in its tactics, and in its methods. It is no more utopian than Obama’s vision of an “indispensable” America, which – as he put it at the very end of his speech – stands for “freedom, justice and dignity,” an America which defends those “timeless ideals that will endure long after those who offer only hate and destruction have been vanquished from the Earth.”

In its self-proclaimed status as a caliphate, the IS claims – in principle – religious authority over all Muslims in the world, and ultimately aspires to bring all Muslim-inhabited lands of the world under its political control. Last June ISIS published a document which announced that “the legality of all emirates, groups, states and organizations becomes null by the expansion of the khilafah’s authority and arrival of its troops to their areas.” It rejects the political divisions established by Western powers in the Sykes–Picot Agreement of 1917. Its self-declared immediate-to-medium-term goal is to conquer Iraq, Syria and other parts of al-Sham – the loosely-defined Levant region – including Jordan, Israel, Palestine, Lebanon, Cyprus and southeastern Turkey. It is a bold, even audacious vision, but a vision it most certainly is.

In a region that has known so much bloodshed, these terrorists are unique in their brutality. They execute captured prisoners. They kill children. They enslave, rape, and force women into marriage. They threatened a religious minority with genocide.

There is absolutely nothing “unique” in the IS fighters’ brutality. They are only following the example of their prophet. Muhammad executed Meccan prisoners after the battle of Badr in 624AD. He condoned the killing of women and children besieged in Ta’if in 630. He and his followers enslaved, raped and forced into marriage Jewish women after he massacred the men of the Jewish tribes of Banu Qurayzain 627 and Banu Nadir in 629. He even “married” one of the captured Banu Nadir women, Safiyya bint Huyayy captured after the men Banu Nadir were massacred. He did not “threaten” the Jews of the Arabian peninsula with genocide, he carried that genocide so thoroughly that not a trace of them remains to this day. Christians living in the IS who want to remain in the “caliphate” face three options according to IS officials: converting to Islam, paying a religious tax (jizya), or “the sword.” This choice is as conventionally Islamic as it gets, having been stipulated many times in the Quran and hadith.

But this is not our fight alone. American power can make a decisive difference, but we cannot do for Iraqis what they must do for themselves, nor can we take the place of Arab partners in securing their region. That’s why I’ve insisted that additional U.S. action depended upon Iraqis forming an inclusive government, which they have now done in recent days… I can announce that America will lead a broad coalition to roll back this terrorist threat.

The would-be coalition of Sunni Muslim “partners” includes those who had been aiding and abetting ISIS for years, and who have neither the will nor the resources to fight it. As I wrote here last week, those countries’ military forces are unable to confront an enemy which consists of highly motivated light infantry, knows the terrain, enjoys considerable popular support, and operates in small motorized formations:

On the basis of its poor showing in Yemen it is clear that the Saudis in particular are no better than the Iraqi army which performed so miserably last June. Even when united in their overall strategic objectives, Arab armies are notoriously unable to develop integrated command and control systems – as was manifested in 1947-48, in the Seven-Day War of 1967, and in the Yom Kippur War of 1973. Their junior officers are discouraged from making independent tactical decisions by their inept superiors who hate delegating authority. Both are, inevitably, products of a culture steeped in strictly hierarchical modes of thought and action. Furthermore, their expensive hardware integrated into hard to maneuver brigade-sized units is likely to be useless against an elusive enemy who will avoid pitched battles.

An additional unresolved problem is Turkey, which is staying aloof and will not allow even U.S. facilities in its territory to be used for the air campaign. Erdogan is definitely not a “partner,” and Turkey continues to tolerate steady recruiting of ISIS volunteers in its territory as well as the passage of foreign jihadists across the 550-mile borderit shares with Syria and Iraq.

The most important problem in creating a coalition with Obama’s “Arab partners” is religious, however. The leaders of all Sunni Arab countries and Turkey are well aware that, contrary to Obama’s claims, ISIS is a Muslim group firmly rooted in the teachings and practices of orthodox Sunni Islam. They are loath to ally themselves with the kuffar in fighting those who want to fulfill the divine commandment to strive to create the Sharia-based universal caliphate. Those leaders are for the most part serious believers, and they do not want to go to hell.

Our objective is clear: we will degrade, and ultimately destroy, ISIL through a comprehensive and sustained counter-terrorism strategy. First, we will conduct a systematic campaign of airstrikes against these terrorists. Working with the Iraqi government, we will expand our efforts … so that we’re hitting ISIL targets as Iraqi forces go on offense.

The Shia-dominated Iraqi army is not to be counted upon, as attested by its flight from Mosul, and it cannot be counted upon to cooperate with the armed forces of the overtly anti-Shia regimes, even if in the fullness of time they provided ground troops. The Kurdish pershmerga also would be loath to treat Saudis or Qataris as brothers-in-arms. Even if they were capable of major operations, which they are not, both the Iraqi army and the peshmerga would be perceived by the Sunni Arab majority in northwestern Iraq as an occupying force with the predictable result that the “caliphate” could count on thousands of fresh volunteers. Obama’s “regional allies” could end up helping their Sunni coreligionists fight the Shia “apostates.” They regard the IS in western Iraq and northeastern Syria as a welcome buffer against the putative Shia crescent extending from Iran to the Lebanese coast. As for the “Iraqi forces,” they are devoid of any offensive potential now and that will not change for years to come.

Across the border, in Syria, we have ramped up our military assistance to the Syrian opposition… In the fight against ISIL, we cannot rely on an Assad regime that terrorizes its people; a regime that will never regain the legitimacy it has lost. Instead, we must strengthen the opposition as the best counterweight to extremists like ISIL, while pursuing the political solution necessary to solve Syria’s crisis once and for all.

“The Syrian opposition” is ideologically indistinguishable from the IS, militarily ineffective, internally divided, and far keener to renew its stalled fight against Bashar al-Assad than to fight the Caliphate. America’s would-be “coalition” partners have indirectly indicated that they are aware of this fact: several mentioned Iraq when announcing the proposed military measures last Monday, but none made any mention of the challenge next door.

Obama’s present heavy reliance on the “Syrian opposition” is at odds with his own doubts about its viability, which were openly expressed in an interview with New York Times’s Tom Friedman only a month earlier:

“With ‘respect to Syria,’ said the president, the notion that arming the rebels would have made a difference has ‘always been a fantasy. This idea that we could provide some light arms or even more sophisticated arms to what was essentially an opposition made up of former doctors, farmers, pharmacists and so forth, and that they were going to be able to battle not only a well-armed state but also a well-armed state backed by Russia, backed by Iran, a battle-hardened Hezbollah, that was never in the cards.’”

Now, however, Obama is rejecting cooperation with Damascus – the only realist course with any chance of success – and is relying on a “fantasy” scenario to create some boots on the ground. No lessons have been drawn from Libya’s collapse into bloody anarchy, or from the failure of America’s decade-long effort to train and equip the Iraqi army, which disintegrated when faced with the IS three months ago. Such fiascos notwithstanding, Obama wants to build up a Syrian rebel force as one of the pillars of his strategy – that same force of which he said to Friedman on August 8 that “there’s not as much capacity as you would hope.”

We will continue providing humanitarian assistance to innocent civilians who have been displaced by this terrorist organization. This includes Sunni and Shia Muslims who are at grave risk, as well as tens of thousands of Christians and other religious minorities. We cannot allow these communities to be driven from their ancient homelands.

“Tens of thousands of Christians” is a hundred-fold reduction of the magnitude of the problem that long-suffering community has faced in the region since the start of the Iraqi war in 2003. Obama’s statement is the exact numerical and moral equivalent to saying that “hundreds of thousands of European Jews” were at grave risk at the time of the Wannsee conference. As Peggy Noonan wrote the other day in the Wall Street Journal, “genocide” is the right word to describe the plight of the region’s Christians, noting that “for all his crimes and failings, Syria’s justly maligned Assad was not attempting to crush his country’s Christians. His enemies were – the jihadists, including those who became the Islamic State.” As well as those, let us add, who are now being groomed by the President of the United States to fight the Islamic State. No wonder he is deliberately and cynically minimizing the plight of his protégés’ Christian victims.

This is our strategy.

Lord have mercy!

This is American leadership at its best: we stand with people who fight for their own freedom; and we rally other nations on behalf of our common security and common humanity.

Cringe.

My Administration has also secured bipartisan support for this approach here at home. I have the authority to address the threat from ISIL.

This is disputable. Obama refers to the authorization originally concerning action against al-Qaeda, treating as a blank check for starting a new war of unknown magnitude and duration.

This counter-terrorism campaign will be waged through a steady, relentless effort to take out ISIL wherever they exist, using our air power and our support for partner forces on the ground. This strategy of taking out terrorists who threaten us, while supporting partners on the front lines, is one that we have successfully pursued in Yemen and Somalia for years.

Deja-vu all over again. On the grimly positive note, more Yemeni and Somali-like “successes” may be needed to accelerate America’s eventual return home.

America is better positioned today to seize the future than any other nation on Earth.

It would be a cliché to state that Obama is either deluded or stunningly cynical. He is both, of course, I’d say roughly 60:40.

Our technology companies and universities are unmatched; our manufacturing and auto industries are thriving. Energy independence is closer than it’s been in decades. For all the work that remains, our businesses are in the longest uninterrupted stretch of job creation in our history.

Cringe again: tasteless, self-serving inanities that have nothing to do with ISIS or strategy. Obama’s psychopatic narcissism trumps that of the Clintons, impossible as it may have seemed.

Abroad, American leadership is the one constant in an uncertain world. It is America that has the capacity and the will to mobilize the world against terrorists.

“The world,” indeed, minus Russia, China, India, Brazil, Argentina, Iran, South Africa, and scores of lesser powers on all continents (save Australia) which have the capacity and the will to reject Obama’s audacious and increasingly absurd notions of global leadership.

It is America that has rallied the world against Russian aggression, and in support of the Ukrainian peoples’ right to determine their own destiny. It is America – our scientists, our doctors, our know-how – that can help contain and cure the outbreak of Ebola. It is America that helped remove and destroy Syria’s declared chemical weapons so they cannot pose a threat to the Syrian people – or the world – again.

There is no “Russian aggression,” and “the Ukrainian peoples’ right to determine their own destiny” was brazenly undermined by the State Department/CIA-engineered coup d’etat in Kiev last February. It is preposterous for Obama to take credit for the destruction of Syria’s chemical weapons – it was Vladimir Putin’s diplomatic coup which got Obama off the hook when Congress and the public at large expressed their opposition to the intended bombing of Syria. But yes, American scientists and doctors definitely “can help contain and cure the outbreak of Ebola.” That was the only true statement in Obama’s address. Its relevance to his anti-IS strategy is unclear.

And it is America that is helping Muslim communities around the world not just in the fight against terrorism, but in the fight for opportunity, tolerance, and a more hopeful future.

… especially in places like Marseilles, Antwerp, Malmo, Dortmund, and Dearborn, Michigan.

America, our endless blessings bestow an enduring burden. But as Americans, we welcome our responsibility to lead. From Europe to Asia – from the far reaches of Africa to war-torn capitals of the Middle East – we stand for freedom, for justice, for dignity. These are values that have guided our nation since its founding.

Obama wouldn’t know the founding values if they hit him in the head. He is the worst president of the United States in history after all. That is no mean feat, considering the competition.


Srdja (Serge) Trifkovic, author, historian, foreign affairs analyst, and foreign affairs editor of “Chronicles.” He has a BA (Hon) in international relations from the University of Sussex (UK), a BA in political science from the University of Zagreb (Croatia), and a PhD in history from the University of Southampton (UK).

www.trifkovic.mysite.com

Dr. Srdja Trifkovic is a regular columnist for Veracity Voice

Enter The Shift

September 20, 2014 by · Leave a Comment 

Random encounters between passing travelers crossing paths at the cosmic nexus lead to long conversations with philosophical overtones deep into the heart of night. Strangers meet near the end of the earth and hash out the best possible way to move forward, coming to terms on evolutionary solutions to the problems that plague this world. Open season declared on the honest form of communication. High above, dancing through the constellations, shooting stars in a crystal clear sky become plastered with the pure intention of truth. Cascading energy flows freely from a source somewhat undefined. Edging out to the periphery. Looking over the abyss. Eying what potential fate awaits us.

Will America go the route of austerity, leading it to riot like Greece in the streets? Or the way of Iceland, auditing the privatized printing press and bringing about the realization that the fiat-created debt belongs to the central bank and not the people it tries to keep shackled with its fractional reserve monetary policies of madness. The main plank of the communist manifesto involves setting up a central bank. Another plank near the top of the list deals with establishing a graduated income tax. Ha. America got the wool pulled over its eyes quite awhile ago when the Federal Reserve was created. In fact, it’s been over a hundred years now since that whopper of a lie was laid on the backs of the population. And the Beast continues to swallow everything in its ungodly path to this very day.

Blinding lights flash and burn in apocalyptic rapture as the fiery sun makes its daily appearance, rising on the horizon with a spectacular show of solar fury. Either turn away or let the light wash over. Either choose the cover of shadows and cower away forevermore in apathetic ignorance, or step into the bright awareness of awesome illumination. Sometimes a wound must hurt a little bit first before it can eventually heal. So it goes. The muscle has to be broken down before it can grow stronger. So, too, must a phase shift go through a state of chaos before a higher level of order can emerge. Welcome to the Cycle of the Phoenix. The fire scorches everything in its wake. Naught but a pile of ash remains. The new energy rises from out the decay and forms a more harmonious inclination toward liberty and freedom. An Empire in decline. Personal sovereignty on the rise.

The neat trick that must somehow be pulled off now is to simultaneously erase all imaginary lines of boundary drawn by the creeps that make up the wicked Priest Class while also breaking away from the centralized, command and control, structural apparatus of the ruling elite toward the prospect of bringing about a more tribal, anarchic arrangement of civilization. Global awareness coupled with local government. The two opposites can be cohesive. The yin/yang balance act. The dichotic wholeness of completely dualistic Oneness.

Breathed in through clean lungs. Experienced intimately by a clean heart. Known rationally within a clean mind. Felt intuitively in the core of clean guts. Pushed forward via a clean intention. Seen perfectly with a clear purpose. Razor sharp. Steadfast. Focused in on the zero point.

Truth rallies strong in the bottom of the ninth. A hail marry pass from the fifty yard line as the clock winds down to the final tick, caught by a leaping wide receiver and tucked away as two safeties smash him to the turf in the end zone. A final second buzzer beater heaved up from behind half court.

Nothing but net as it swooshes through. Miraculous for the winners. A crushing defeat for those who had the game in their grasp until it slipped away in the final moments. A lesson learned on seeing things through to the end. Sometimes bitter. Sometimes full of sweet honey. Bear claw in the hive. Sticky substance to coat the teeth. A layer of fat for the winter weather. Cold snap fever induced upon entering the cave.

We can only do so much. But then must, somehow, find the will to do a little more. Push the envelope. Bend back the layers of reality. Peel the onion skin until the gaseous irritant makes you weep. What do you see beneath? What is revealed where you never thought to look? How far down the rabbit hole can you stand to go? Is the jump taken as a leap of faith? Or are you fighting the fall all the way to the bottom?

Hands up as the roller coaster dives down. Hearts lift as the conspiracy unravels. A cabal of secrets revealed. A horde of Dark Wizards exposed. Shamans unite to drive out the virus. Gurus on the street come together to fight off the plague. Yogis breathe a new type of ecstatic spiritual energy into the body politic. A Druid Priest Warrior of Light. An Angel Pagan Goddess of Love. Together, hand in hand, they enter the zone where peace reigns.

The inner illumination of greater graceful glory awakens with newfound purpose to shake loose the cobwebs from the kingdom of Heaven which resides within. The right side of God’s throne is centered in the third eye of pure consciousness. The seat of the soul. Nothing can stop an idea whose time has come. Nothing can hold back the wave that has risen on good intentions. Tsunami in the forecast. Big Bang Birth of the oncoming storm. Black ominous velvet clouds release their payload before the sky breaks open and the sunray shines through. It’s always darkest before the dawn.

Umbrellas at the ready shield us with shelter. Smooth and sanctified. Alert and called to attention. Hut Hut. Here comes the rush. Sidestep and tap dance away. Ballerina feet on the gridiron surface. Logic and emotion tied up with reason. Rational analysis of deep feelings. Science and spiritualism coalesce at a fine point. The Tao of Natural Law emerges in high fashion. Thermodynamic consequences enter a state of entropy. A nuclear ambition stalemate checked on the black and white floorboard. Which piece to move now? Which force will give first? An indomitable inertia puzzles the agenda and counteracts the initial resurgence. Everything gets laid out on the table. Double down and bet the farm. All the chickens are coming home to roost. Karma has a powerful way of equaling out all actions once the final judgment has been rendered.


Scott Thomas is a guest columnist for Veracity Voice


Scott Thomas Outlar is a researcher and truth seeker who enjoys writing essays, poetry and wild rants advocating for peace and karmic justice in this world gone mad with war. He can be reached at: 17Numa@gmail.com

The Prosperity Priestess And The Pied Pieper of IHOP

September 20, 2014 by · Leave a Comment 

Well lookie here.  Joyce Meyer, popular women’s conference speaker; health and wealth author; radio & TV teacher (whew!) has been invited to speak at the Onething Conference that will be held this December.  The 4 day weekend supposedly draws 25,000 young adults.  Visit Onething and you will find that the conference is “a gathering of believers who are setting their hearts to live with passion for Jesus.”  Sounds like a conference most Christians would love to attend.  What sincere believer wouldn’t want to share his/her passion for Jesus?

Not so fast.  The group behind the event is none other than the International House of Prayer (IHOP) an evangelical mission organization that has its home base in Kansas City. IHOP-KC’s founder, Mike Bickle, has ties to the New Apostolic Reformation aka Dominionists; Kingdom Now; Latter Rain; Joel’s Army; Manifest Sons of God – the name has been changed to protect the guilty.  Their aim is to transform society into the kingdom of God on earth.  How?  By controlling various aspects of society.

Before I fill you in on Meyer, you’ll need a bit of background on Bickle.  A couple of decades ago he was in a heretical group known as the Kansas City Prophets,

who brought grandiose claims that a “new breed” of super prophets were beginning to arrive on planet earth who would change the world forever. These so-called prophets were a group of men that coalesced around a church known as the Kansas City Fellowship, pastored by Mike Bickle, that attracted a following of other likeminded churches in that region. (H/T Pastor Ken Silva)

So it’s not surprising that this self-professed “prophet” has been under scrutiny for his false teaching.  Google his name and you’ll discover that he believes God speaks to him in an audible voice and claims that he’s been to heaven twice.

It’s important to note that last year Reformed pastor; author; conference speaker Francis Chan spoke at Onething where he declared “I love Mike Bickle.”  Chan took a lot of heat for agreeing to speak at the conference.  When friends and fans urged him to decline the invite, he admitted that he didn’t know much about Mike Bickle and IHOP so,

I kinda went on the Internet and started looking things up. 

Whatever he found caused him to fall in love:

I go, man, there’s a lot of great things going on [at IHOP]. And today was the first time I ever met Mike Bickle. And, I love that guy. I do. And Mike knows—we talked about this—you know, there’s people who told me not to hang out with him.

Like, you know, words like “creepy” came up. And yet, I get to know this guy and I’m going, “Man, I love his heart. And I just want to publicly say I love Mike Bickle. (Source)

As you can see, Chan professed his love for the sort of person Jesus referred to as a ravenous wolf. (Mat. 7:15)

What Francis Chan failed to turn up in his investigation is that Mike Bickle has led countless young people astray.  He’s a sort of a Pied Piper to those who journey to Kansas City from all over the globe to be a part of something “significant.” Once there, they stay for days, months…even years.  You’ll find them in the prayer room praying.  Prayer “led from a stage full of musicians and readers chanting repetitive phrasings of faith” goes on ‘round the clock.

The false prophet has filled the young sojourners’ heads with untruths such as “an elite end-time church defeats God’s enemies, and Jesus is ‘held in the heavens’ until it happens.” So they most “go forth and make ready.”

Apologist Matt Slick tells us that the major draw of IHOP is experience:

People often come to me citing their experience and go back again and again to experience “God” and the “Spirit” – [which is] no different than an emotional high.  This is analogous to mysticism, which is defined as “the pursuit of deeper or higher subjective religious experience,” and “that spiritual reality is perceived apart from the human intellect and natural senses.”

Slick goes on to say:

One of the highest criticisms would be IHOP’s insidious Gnosticism.  Gnosticism is derived from the Greek word gnosis, meaning “knowledge.”  The hallmark of Gnosticism is the idea of having “hidden knowledge” of the spiritual realm that is unavailable to others.  This knowledge comes via prophecies, visions, and dreams that God specifically gives to a certain privileged group of people  – in this case IHOP.  In fact, IHOP has their own “prophecy rooms” where one can receive “prophecies,” and they used to have a practice of mailing out recorded tapes, of which I was asked by my friend’s mother to translate! (Source)

One last comment about Francis Chan.  The name may not be familiar but he’s without question a popular speaker and author whose books sell like hot cakes.  Sadly, when it comes to the questionable goings on at IHOP, Chan has shown an astonishing lack of discernment. It goes without saying that: (1) He must change direction and move away from those who involve themselves with the metaphysical cults.  (2)  He must spend more time researching the people he associates with.

More On Meyer

For decades Joyce Meyer has been called a false teacher.  Why?  Because she holds to Word of Faith/prosperity/health and wealth heresy.  She mixes error with good practical information for women, which is why she’s so popular.  There’s plenty of proof for those who wish to know the truth (see the links at the end), and still many women choose to believe that those who say she’s a false teacher are wrong.

Some of her fans know what’s going on at IHOP-KC, so she’s bound to get blow back both before and after her appearance at Onething.  People will wonder: If I know about Mike Bickle and IHOP, how could Joyce not know?  They may even conclude that it’s a sign that her ministry is about to align with the modern day “apostles and prophets” movement.

So why in heaven’s name is she hitching herself to a wagon loaded with theological garbage.  As I pointed out earlier, “prophet” Mike Bickle is heavily into the New Apostolic Reformation (NAR).  That group’s theology is a load of garbage that should be hauled to the trash dump and burned.

But before I address the reasons Meyer has chosen to put her name on the marquee with Bickle’s, let’s follow the example set by the Bereans and compare her teaching to what Scripture says.

Truth Or Error, That Is The Question

One of the reasons Joyce Meyer is considered a false teacher is because she has taught that Jesus Christ atoned for our sins in hell:

The following quote is from her 1991 booklet, The Most Important Decision You Will Ever Make, she teaches a hallmark doctrine of Faith theology, namely, that Christ had to suffer in hell to atone for our sins and be born again:

“During that time He entered hell, where you and I deserved to go (legally) because of our sin…He paid the price there.…no plan was too extreme…Jesus paid on the cross and in hell….God rose up from His throne and said to demon powers tormenting the sinless Son of God, “Let Him go.” Then the resurrection power of Almighty God went through hell and filled Jesus…He was resurrected from the dead ¾ the first born-again man.” (Source)

What she said here is not the view traditional orthodox Christianity holds to.   The Bible says that Jesus atoned for our sins on the cross.  Listen to John 19:30:

When Jesus had received the sour wine, he said, ‘It is finished,’ and he bowed his head and gave up his spirit.

Orthodox Christianity teaches that Jesus’ shed blood was sufficient for the atonement of our sins. The moment Jesus uttered the words “It is finished” our sin debt was paid in full.

As to her teaching on prosperity and success, listen to Joshua 1:8:

This Book of the Law shall not depart from your mouth, but you shall meditate on it day and night, so that you may be careful to do according to all that is written in it. For then you will make your way prosperous, and then you will have good success.

So, does being prosperous mean Christians will be influential and financially secure?  According to one commentary:

Many people think that prosperity and success come from having power, influential personal contacts, and a relentless desire to get ahead.  But the strategy for gaining prosperity that God taught Joshua goes against such criteria.  He said that to succeed Joshua must (1) be strong and courageous because the task ahead would not be easy, (2) obey God’s law, and (3) constantly read and study the Book of the Law – God’s Word.  To be successful, follow God’s words to Joshua.  You may not succeed by the world’s standards, but you will be a success in God’s eyes – and his opinion lasts forever.

For all you scoffers – it’s an undeniable fact that Joyce Meyer is a prosperity preacher, thus she’s a false teacher, a ravenous wolf.

Lifestyle Of The Rich And Famous

It’s no secret that she has been criticized for many things but first and foremost for her “conspicuously prosperous lifestyle.”  The money her ministry rakes in doesn’t bother her fans in the least which is obvious as scores of them purchase her books, tune into her TV/radio shows, and flock to her conferences.  They say her message is “uplifting.”  For them doctrine isn’t important –hearing a positive message is what counts.  And Joyce is all about making her fans feel good.  She knows that they prefer a feel-good message over hearing the gospel.  I mean, isn’t Christianity all about feeling good?  Doesn’t becoming a believer mean we’ll be happy, healthy and wealthy?  God loves us, yes He does.  And because of His great love for His kids, He’s going to provide us with several homes—Joyce has several homes– and perhaps our own private jet so that we can fly all over the globe like she does.

Joyce Meyer’s prosperity preaching is right out of the Word of Faith (WoF) play book.  That a person can create his/her own reality is the fairy tale Christianity she teaches and with no apology.  So, it’s not helpful when a prominent Christian leader joins her on her TV show and instead of pointing out errors in her teaching he tells her (and the audience) that she’s a “great Bible teacher.”

Well, nothing could be further from the truth, and Ravi Zacharias, who gave her the compliment, should have known better.  He of all people should know that she holds to WoF heresy.  The compliment he gave her made it clear that he was oblivious to the fact that he was sitting next to a heretic.  So, Ravi did for her what she’s doing for Mike Bickle, lending creditability when none is deserved.

Like Chan, if he would have done his homework before agreeing to the interview, it would have been patently obvious that he was going to be the guest of the Prosperity Priestess. It’s shocking that high-profile celebs such as Francis Chan and Ravi Zacharias don’t know who the wolves in the hen house are.  Moreover, how could men of their stature not be aware that the NAR and WoF movements are at best aberrant and at worst cults?

Cults? you say with steam coming out of your ears.  Let there be no doubt.  These movements are viewed by some as cults for the reason that they’re “false, unorthodox, extremist” sects of Christianity (dictionary.com). In a word:  counterfeit.

Now getting back the primary purpose for this article, why would Joyce Meyer agree to speak at a hugely controversial event with a notorious false teacher?  Perhaps it’s because the Prosperity Priestess and the Pied Piper hold the same unbiblical theology, thus they’re birds of a feather.  So it’s no big deal when they sit on a wire together.

Or perhaps it’s all about prosperity – hers!  After hearing Joyce’s “uplifting” message people will flock to the book table to purchase her merchandise.

But that’s speculation.  The point I want to drive home is this.  More and more professing Christians are uniting with wolves in sheep’s clothing.  Likewise, wolves and wolverines are joining forces with wolves from different wolf packs.  The pack is growing.  It’s getting stronger — and they’re cunning!  False teachers now play a major role in the Christian community.  As I mentioned above, in order to transform society into the kingdom of God on earth, wolves and wolverines must control things, such as entertainment; government; education; business/economy; media; and family — they’re heavily involved in pro-family organizations.

I’ll close with the words of a wise man, Pastor Ray Stedman:

So in this day of confusion, of uncertainty, which voice will you listen to?  The voices of the occult world around us? The false prophets who are telling visions which they claim to be coming from the voice of God? The secular voices which tell us that things are not the way the Bible says they are? Which voice will you listen to? Whom will you follow? What will be the guideline for your actions?

Research Mike Bickle:

The Dangers of the International House of Prayer (IHOP)–By John Park

Stand Up For The Truth wrote a piece entitled Is IHOP a cult? One intern’s story and shared the story of Arial, a young woman who was an IHOP intern.

Mike Bickle Acknowledges Catholic Contemplative Influence on IHOP-KC—My Word Like Fire

Mike Bickle/IHOP research links–Apostasy Watch

New Apostolic Reformation research links—On Solid Rock Resources

Research Joyce Meyer:

In her own words…listen to Meyer preach the prosperity gospel.  Hank Hanegraaff plays the clip and responds.

Joyce Meyer—Let Us Reason Ministries

The True Origins of the Prosperity Gospel AKA Word of Faith Theology—By Anton Bosch

 

Word of Faith/Televangelists research links—On Solid Rock Resources

Francis Chan:

Francis Chan Is Wrong for Endorsing NAR teacher Mike Bickle—By Ken Silva


Marsha West is a regular columnist for Veracity Voice

She can be reached at: embrigade@aol.com

Ted Cruz Another Israeli Mouthpiece

September 16, 2014 by · Leave a Comment 

Presidential wannabe politicians seldom will champion an American First foreign policy, but are eager to stand behind a Pro-Zionist agenda, even at the expense of our own essential national interest. The mess that engulfs the Middle East is only getting worse. Throughout all the past administrations and swings in the post World War II cast of enemies, Israel is never mentioned by the establishment as a force that undermines American national security. The axiom that Zionism is an unquestioned ally and friend of the United States, goes unchallenged. Any honest evaluation of world affairs must concede that the political class accepts this illusion as fact. If this was not true, why does nothing ever improve in the regional caldron of eternal conflict?

Israel is a country based upon apartheid animus. The claim that it is a practicing democracy is preposterous with the exclusion of displaced Palestinians from the political process. Zionism is a political ideology and any assertions that it is a religion, totally ignores the policy-making nature of the Israeli government. Judaism historically, based upon a religious adherence to the tenants of the Old Testament, is not universally homogeneous. The differences in the Torah and the Talmud are contentions among some Jews since antiquity. Not all Israelis are professing religious believers. Jews are people. A false assertion, that interchangeably substitutes a population for the identity of the State of Israel, is a fatal error. If Jews, bonded together by a tribal lineage was true, the universe of converts would be most limited.

However, in a world, that advances a culture of guilt and adoration to a tribe of self-appointed “Chosen” that proclaims their superiority race, has deadly consequences for the rest of the globe. Practicing the Mosaic Jewish religion is not the problem. Adhering to the Khazars version of Talmudic Pharisaism is the conundrum.

Unless a distinctive separation from the Israeli state is made regarding the different communities of Orthodox Hebrew Semites, Jewish Babylonian zealots, secular Zionists and Kabbalah Satanic Worshipers, understanding the proper and necessary boundaries for a valid foreign policy towards Israel is impossible.

Democrat and Republican politicians have a habit of taking a vow of allegiance to Israel. Virtually all career-oriented aspirants take the pledge. Heretofore, few prostrate themselves so publically by displaying their own ignorance, as Senator Ted Cruz. Wearing his badge of courage, in the asinine hope that deranged Evangelical Zionists will rally enough support for his election, he largely closes the door on rational voters.

The Daily Caller reports, Ted Cruz Booed Off Stage At Middle East Christian Conference.

“Christians have no greater ally than Israel.”

“Those who hate Israel hate America,” he continued, as the boos and calls for him to leave the stage got louder.

“If you will not stand with Israel and the Jews,” he said. “Then I will not stand with you.”

Watch a video segment address, at In Defense of Christians Dinner.

What motivates such statements and assertions by Cruz? According to a post on the Daily Paul Liberty Forum, Ted Cruz is a hardcore Zionist and aligns himself with interests that are destroying America.

“Zionism is any enemy to the United States of America. We have subjugated our economic and military sovereignty to Israel, and the Israelis have taken advantage for far too long. We should not be engaged in wars for Israel and the U.S. and Israeli Zionists who were responsible for 9-11 must be brought to justice. AIPAC should NOT be ruling America and have her politicians in their back pockets. The banking system must be overhauled and rid of Zionist influence. The United States has become Israel’s whore and it must stop.

Zionism and its belief system has enormous control over our media, banking, and political systems and has masses of Americans snowed under. We must stop this and awaken to its effects.

It causes us to be involved in never ending war that is of no benefit to the U.S., it causes us to be fed a false version of reality such that the policies and the money keep flowing in Israel’s favor, and it causes the American people to be placed in the role of debt slaves under our masters in Israel.”

The Cruz fan club may marvel at his Tea Party advocacy, but the underlying question is whether Christian-Zionists, in this grass root movement, are just as clueless as the Senator is when it comes to a ridiculous support for an antagonistic regime, who threatens nuclear annihilation on any foe that challenges their greater Israel expansion.

Coming to the defense of Cruz is a dependable Glenn “Judas Goat” Beck and his Blaze, Listen to the Last Thing Ted Cruz Tells Audience Before He’s Booed Off Stage at Middle Eastern Christians Event. This article also cites another NeoCon exponent of Zionism, the Washington Free Beacon.

“As the Washington Free Beacon reported, “the roster of speakers includes some of the Assad regime’s most vocal Christian supporters, as well as religious leaders allied with the Iranian-backed terrorist group Hezbollah.”A Cruz spokesperson said the Texas senator decided to headline the event despite some of the associated individuals “because he wants to take every opportunity to highlight this crisis, the unspeakable persecution of Christians.”

So what was the reaction from the organizers of the sponsoring conference? Mideast Christian Conference Organizers Never Told Cruz That Israel Was Off Limits, quotes:

“Joseph Cella, a senior adviser to In Defense of Christians, confirmed there were no specific instructions for speakers, including Cruz, to shy away from Israel.”We gave him the following guideline: The theme to stick to is religious freedom and human dignity,” Cella told The Daily Signal. “There were really no guidelines beyond that. We anticipated he would focus on the theme and stick to it.”

When asked if Cruz deviated from that message, Cella said:

We didn’t expect the speech to delve into the matters of relationships of Jewish, Muslim and Christian brothers and sisters over the years. That was certainly a surprise as well as the reaction.

There is newly intense pressure for push back against Israeli mouthpiece politicians. In the Political Vel Craft article, Zionist Ted Cruz Praises Rothschild’s “State” Of Israel: Gets Booed Off Stage At D.C. Conference, the following appears.

“As we keep saying, Gaza has changed Israel’s image in American politics: the grassroots are appalled by Israel’s carnage and they’re going to be more and more of a force in American elections, countering the [Rothschild] Israel lobby. Last month [Rothschild Czar] Bernie Sanders stood by Israel at a Vermont Town Hall meeting and got heckled so angrily by his own leftwing base that he threatened to call the police. “Bullshit!” someone shouted when he said that Israel has a right to defend itself.

Well the rightwing grassroots are conscious too. Texas [Rothschild Proxy] Senator Ted Cruz got booed off a Washington stage last night after a Christian audience railed at him for praising Israel for defending Christians (when it’s undermining Christian life in the occupied territories).”

Those mostly ignored facts and dirty little inconsistencies have a way of popping up to spoil the Zionist luv fests.

Lastly, the incendiary Loonwatch.com essay Ted Cruz: Christian Dominionism’s Manchurian Candidate, lives up to their name. However, the Emperor author makes a valid point, even if he fails to understand what it is.

“When Keith Ellison ran for Congress he was incessantly attacked by the Islamophobia industry. For years he was assaulted by hostile Conservative organizations and lobbyists as a “stealth Jihadist.” His victories were viewed as a sign of “creeping Islamization.”To this very day the fact that he is in Congress is still a sore point that produces all sorts of vitriolic hatred on the Right.Ironically, the Christian fundamentalists who rant and rave about the phantasm of Muslim fundamentalist takeover of the USA are only projecting their own (hidden) inner desires. It is the Christian Dominionists who have a theology of covertly taking the levers of power and tilting the USA towards theocracy.”

The theocracy that really underpins American political life is not an immerging Islamic Sharia law movement or even the Christian gospel of Jesus Christ. Woefully, what permeates every stratum of politics is an unholy devotion to the temple of Baal. The country of Israel betrays YHVH with their heretical worldview of pre-eminence. America has blasphemed against the Prince of Peace. The United States cannot be a Good Shepherd by following the dictates of Israel. And Yahweh is not a Zionist.

Ted Cruz needs a lesson in religion from Hutton Gibson.

Texe Marrs in the account, Senator Ted Cruz an Israeli Lackey, sums up the situation nicely. “In the first month after winning the election, Cruz flew to Israel twice to get instructions from his new masters.”

The future restoration of America is impossible, unless and until, the blind obedience to the Israel lobby is broken for the last time. Genuine conservative populists will never support any candidate that subjugates national interests under the approved direction of Zionists. Ted Cruz is one of many, who deserve to be booed.


Sartre is the publisher, editor, and writer for Breaking All The Rules. He can be reached at: BATR

Sartre is a regular columnist for Veracity Voice

NWO Enforcer: NATO Threatens WW III

September 6, 2014 by · Leave a Comment 

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.


Sartre is the publisher, editor, and writer for Breaking All The Rules. He can be reached at: BATR

Sartre is a regular columnist for Veracity Voice

Happy Workers of The Future

August 31, 2014 by · Leave a Comment 

Life In 500 Square Feet…

One Hundred and Twenty Thousand results to a Google search on “city is more competitive”.  The oligarchs who currently control our world intend to herd people in cities where inter-city  contests will keep everyone producing at a high level.

Read how this is already being implemented in China.

More and more of the land is falling under government control and hundreds of thousands of homes have been repossessed.  American citizens own fewer homes and less land.  If this scenario is successful the earth will be enjoyed by elite overseers while the proletariat toils and lives in tiny cubicles in crowded cities.

I wrote recently about our connection to land

In his daily devotional books R. J. Rushdoony (These books are tightly connected to daily behavior and provide usable righteousness for the Christian seeker.  Buy them here .)describes Rogation Sunday and its practice by early Americans.  In the evening following Sunday prayer for the harvest “each farmer and his family walked the boundaries of their property and gave thanks for the good earth.  As they walked, the boy of the family was ‘bumped’ against the landmarks, the boundary stone, or against a boundary tree.  If a pond or stream marked the boundary he was ducked into it.  Then the boy who was bumped or ducked was given a small gift.  The purpose of the ‘bumping’ and of the gift was to make the boy remember the boundaries of the land he would someday fall heir to.”

Land plays a primary role in the Biblical narrative.  The occupation of the Promised Land, the events the preceded, and the battles that followed make up a significant part of the Old Testament.  The earth is the Lord’s and it is to be carefully maintained.  He provided land for His people and it was apportioned to the Twelve Tribes.  He provided the Year of Jubilee to provide stability and prevent a permanent centralization of wealth and power.

Borders of land are related to God’s Law – both are meant to restrain.

In some of America’s Western States 80 percent of the land is owned by the Federal Government.  Alaska’s land is mostly government property.  Oil drilling rights are controlled in Washington.  If these rights were released United States would be energy independent.  Reliable sources claim the government owns about 30 percent of the entire United States land mass.

There is evidence that powerful elite bankers may be conspiring to take over large tracts of land as collateral for debt.   As our government obligates our posterity for trillions of dollars of debt some of it could be paid by sacrificing government owned land.  This could be the genesis of the recent squabble over cattle grazing.  .

In His provisions for the lands in ancient Israel God allowed the permanent sales of urban properties but had rural lands returned to their original owners in the year of Jubilee.  Stability was vested in the families than owned and cultivated land.  Though often overlooked it is still the same today; the cultivation of land provides sustenance for the populace of the earth.

Water and food are products of the earth.  They sustain life.  Without food and water death comes quickly.  Control over access to water and food is power over life and death.  The earth belongs to The Lord we are short term custodians.  God tells us that those who do not work should not eat.  It is the ability to produce food that is everyone’s God given right.

Robots are being touted as a means of reducing the need for human labor.  The analyzer failed to address the fate of displaced workers.  As technology replaces human labor a problem develops over the use of displaced workers.  When Wal-Mart replaces cashiers with do-it-yourself checkout stations they realize an additional profit but the displaced cashiers are faced with the emergency of being deprived of their livelihood.

Societies benefit from technical progress and work that benefits the general population is deserving of reward.  However, when technical improvements displace energetic workers the workers must be provided with the means of working to earn food and lodging for themselves and their families.

What is to be done with the leisure time our technical progress is giving us?  For many it will be used for self-indulgence.  Most of us work to provide the necessities of life but constantly pine for leisure time. But if leisure time is not filled with activity we soon hope for something to do.  We were created for activity and when we are full of sleep we crave it.

Wealth provides a person with activity choices.  Some wealthy individuals find productive activities; others waste their time in sinful indulgences.  A few amass wealth consistently over several generations and use this tacit control of human life to manipulate world powers with an objective of world domination.

We are created beings vested with the mandate to live under the Law our Creator has provided.  The Law is not an impediment to our happiness; obedience is the vehicle to righteous, peace, joy, and prosperity.  God brings blessings for obedience and curses for disobedience.

It is not only difficult to experience but hard to believe that the United States of America is being gutted and destroyed on the altar of world government.  Though the mainstream media is complicit and refuses to publish the atrocities the signs are everywhere.  How can airplanes clearly visible to the entire population fly over our nation and spray long trails of an unknown cloud-like substance while the people, the weather channels, and the major news sources never acknowledge their presence?  How can an entire government, 435 congressional representatives, 100 senators, and one president ignore hundreds of engineers and piles of evidence that the 9/11 attack was false flag operation and allow the policies of our government to be based on its authenticity?  And most shocking of all, how can voters continue with confidence to cast ballots for candidates that invariably betray their trust?

U. S. Voters are like battered spouses that continue to return to the battering partner.  It makes no sense to observers but to the voters its must seem like the only alternative.  An intervention is sometimes the only solution – but how?

The United States of America has been filled with alien immigrants whose only interest is to rape its wealth.  It is engaged in constant wars that sap its strength and destroys its youth.   It has been saturated with pornography and bludgeoned into sodomy. For many years its citizens have been exposed to the most aggressive use of incarceration in the entire world.  It has piled up debt that probably cannot be repaid but will enslave its children for generations.  It is home to so many diverse and ineffective religions that the anarchy of secular humanism is helping push it into tyranny.  Liberty has been lost to the lust for power and we now live under a police force that regularly kills citizens that do not obey.

More and more Americans are becoming concerned with our progressive downfall.  They see the clouds of tyranny approaching and they feel the winds of turmoil.  They are beginning to understand that their government has betrayed them and are apprehensive that unseen forces are overshadowing us. But in spite of this approaching avalanche they are unable to discern the hand of God.

During the 1930s in the small towns of Central United States a deep depression afflicted everyone.  We were grateful to be able to eat from a 25 pound bag of oatmeal three times a day.  Men without work hitched rides on railroad trains that took them to other areas where they hoped to find work.  Those who had food to eat shared with the transients who would often do add jobs in payment.

In the little town where I lived an Evangelical pastor was called to our protestant church.  In an effort to bring the congregation closer to the God of the Bible he began having altar calls.  The altar call was too confrontational for the church leaders whose brush with Christianity consisted of a Sunday School Bible studies where God’s Word could be judged by the participants and they could decide whether they believed it or not.  This minister was soon replaced with one who did not upset the status quo.

Before the Evangelical minister left there was a miracle at my mother’s home.  She has been a Methodist all of her life and following my conversion we sometimes discussed religion.  On this particular day she was sitting in her antique platform rocker in the living room when she asked me about conversion.  I said, “The Bible says you must be born again”.  At that very moment there was a knock on the front door.  It was the recently dismissed minister.  He came in and sat down.  In familiar fashion mother said, “Now, Albert, tell the minster what you were telling me.  I did, the minster affirmed it, and Mother said, “I don’t believe I have ever done that”.   We bowed our heads and mother accepted Christ as her Savior.  The minister left without ever mentioning why he had knocked on our door.

Neither my mother nor I made much progress in the Faith since correct Christian theology was not readily available and when it was preached it usually fell on deaf and recalcitrant ears.  We are a nation of nominal Christians whose faith is selfish and sinful.  We say we believe in God and have accepted Christ as our Savior but instead of becoming obedient servants we expect Him to serve us

During the 1930s there was a Christian patina that covered heavy layers of humanism.   My mother was a good, dependable woman.  She had earned a college degree from University of Illinois but with my father out of work and not having today’s labor saving devices she was forced to work hard to keep up our home and keep food on the table.

For a time my father worked in the WPA but for the most part society during the depression was free from government interference.  Nevertheless, a pride-filled humanism had taken over the country and the seeds for our current tyrannical government were beginning to grow.

Evangelical Christianity brings the good news to individuals but when they are converted the lack of a solid theological base leaves them in a moral limbo that fails to bring change to society.  Once our sins are forgiven and we are made new by the Blood of the Savior God seeks obedience as He always has.  The Jews failed to obey God’s commandments and their disobedience broke the Covenant.  All of God’s blessings are the result of obedience to His Law.

God will not long allow an oligarchy of wealthy humanistic elitists to control His creation.  All things work together for good for those who love the Lord and He will bring blessing from this unprecedented quest for world domination.  Unfortunately Christians who have failed to work against encroaching evil will be severely judged and will not see the blessing in store for His faithful servants.


Al Cronkrite is a writer living in Florida, reach him at: trueword13@yahoo.com

Al Cronkrite is a regular columnist for Veracity Voice

The Monopoly of the Government Education Cartel

August 30, 2014 by · Leave a Comment 

Learning is a noble pursuit, but the ancient Greek text is one of the few places where the Socratic Method survives. Sanctioned political doctrine of required thinking is the mainstay in today’s august temples of purification. Forget about a classroom, the curriculum core of New Age studies has no room for the classics, much less instructions into the process of thinking itself. Except, of course for the need to electronically check off the loan applications and assign grants to the business office. In the end, university is big business and developing intelligent graduates happens as an afterthought, if at all.

College Education Economics has become a black hole for most students. Even wealthy families bear a heavy burden to ship their offspring to an experience that continually produces diminished cash flow benefits to offset the costs. Parents know there is a profound disconnect. However, when attempts for making significant changes to the way the higher learning cartel does business, the usual suspects ride to the rescue of the established order.

Jordan Weissmann in a Slate article, Smash the System?, slams Senator Mike Lee for proposing “A dangerous plan to make college cheaper by busting “the college cartel.” What else would you expect from a DC Metro and Associate Editor at The Atlantic? Nothing is more important than defending a failed system and attacking innovative ideas on how to re-create a viable and relevant education model. Quoting Mr. Weissmann,

“In January, Lee introduced legislation that would give states a major role in the accreditation process. The bill has nods of approval from potential presidential contenders Marco Rubio, who has his own proposal on the issue, and Paul Ryan, who dedicated a little-discussed section of his anti-poverty plan to “shaking up the accreditation status quo.”

The hope is that once Washington breaks the hold of today’s accrediting agencies, new, high-tech approaches to education can flourish.”

Nor dare challenge the sacred philistines of detached inculcation, might be a more appropriate title.

Over a year ago, the Washington Examiner looked at the Higher education is a government-created cartel and focused upon how the Federal Government exerts dominance over the accreditation process.

“The Department of Education has deputized eight regional accreditation entities that serve as gate keepers for the entire higher education industry. If you are not approved by one of the Department of Education approved eight regional accreditation agencies, then none of your students can qualify for Pell grants or federally subsidized student loans. With the federal government alone pumping almost $30 billion into higher education every year, if a school is not approved by a regional accreditor, it is essentially dead.”

Why is the issue and control of accreditation of such importance? Even the most naive believer in the ritual of dunking your sheep into the college culture wants to obtain some kind of gradation certification, in the end when the money runs out. Accordingly, the Federal Government uses their time test method of bribes and sanction to shape the kind of education expected from the degree mill. Inducements of low cost loans to the students and embargos to any institution of higher learning, who dares waver from the accepted low standards of fleecing enrollees.

Debating if it is worth the investment to jump through the hoops of perpetual financial indebtedness, for the implied promise that future earning power will be the reward has certainly come into doubt in the last few decades.

Going back twenty-five years, Professor Thomas J. DiLorenzo wrote the Americas OPEC: The Public School Cartel, which describes the monopoly of state and local public school districts. When he cites a case in point of how the public schools have been a cartel designed primarily to benefit the public school bureaucracy, not the public; he could substitute the corporate trust of allied Association of American Colleges and Universities in place of public schools. The primary difference is that government schools primarily operates for the benefit of teachers unions, while a federation of colleges and universities lobby for their own profit advantages in complete cooperation with the federal government.The parents and students are stuck with the bill, just as the property owner gets to pay their school tax. The only saving difference is that attending higher learning sessions are voluntary, if you have the courage to ignore all the guilt-ridden advertisement that pushes ill equipped and confused students into financial ruin, paying for overpriced and useless schooling.

The cartel of higher learning has infected the minds of “PC” conditioned meatheads. Government bureaucrats love pushing innocent adolescents into circumstance of useless education so the acclimation process adapts them to working their lives at minimum wage.

It is crucial to separate the academia component of an educational school with their financial planning and business operations. Courses vary in content and quality depending on the skills and dedication of the instructors. However, the fiscal stability and future expansion opportunities often depend upon perpetuating the myth of the indispensible necessity of becoming an alumnus.

More families become aware of this hoax and start searching for other alternatives. Teaching, once was the staple and primary purpose of renowned traditions, now are shifting towards research as reported in the UK, Universities putting research before teaching. Major US research institutions grow into closer associations with government projects and their accompanying budgets. Distinction between the gift of teaching falls short to the science of commercialization or defense.As long as the student loan bubble keeps expanding, the windbags in the liberal press will keep defending the inept higher education establishment. The true accreditation one seeks to learn comes from the success from your own learning experience, not from some, hand- picked government board that has a budget increase when additional student loans are booked.

If cartels are bad in business, they are even worse when run as a tag team effort between universities and government. Accreditation is a state matter and the federal government has no lawful authority to curtail competition in higher learning.


Sartre is the publisher, editor, and writer for Breaking All The Rules. He can be reached at: BATR

Sartre is a regular columnist for Veracity Voice

Wall Street & War Street Need To Keep Their Pants Zipped

August 30, 2014 by · Leave a Comment 

In almost every country in the world where America’s notorious “Wall Street and War Street” gang of thugs have tampered and interfered with its internal workings, things have always turned out badly for each country involved.  Almost every country that this infamous WSx2 gang has tampered with so far has pretty much seen their way of life turn to dookie.  http://truth-out.org/opinion/item/24710-noam-chomsky-whose-security-how-washington-protects-itself-and-the-corporate-sector
You want some examples?  I’ve got them!

Take the Spanish-American War for instance.  Wall Street and War Street drummed our country into that war with their torrid yellow journalism, and as a result both Cuba and the Philippines were so devastated and destroyed that they are still trying to recover from it — and from being muscled around afterwards by WSx2’s mob bosses Batista and the shoe lady.

During World War I, Britain, France and the Kaiser were all sick of fighting and pretty much ready to throw in the towel and make nice.  But then Woodrow Wilson got a bee in his bonnet over the forged Zimmerman telegram (the Wall Street and War Street gang at work again?) and forced America to join in the fight by suspending freedom of speech, curbing civil liberties, muzzling the press and sending even mild dissenters to jail for years.  http://www.amazon.com/The-Great-Influenza-Deadliest-Pandemic/dp/0143036491  And Hitler was the indirect (or direct) result.

In Congo, Wall Street and War Street destabilized that country completely when they overthrew Patrice Lumumba.  Over ten million dead since then.  Ten million.

Iran used to be a democracy until the CIA, aka Wall Street and War Street’s dread enforcer, tampered and interfered.

In Haiti, Papa Doc and his dread Tonton Macoute invited the Marines to come join the party and Wall Street and War Street immediately sent their RSVP to this gala zombie jamboree, giving ordinary Haitians nightmares for decades.  Then WS&WS hung around for the after-party, the bloody and illegal ouster of Jean-Bertrand Aristide.

I swear, I’m not making this stuff up!  Don’t believe me?  Go Google it yourself.

Iraq used to be a democracy too — until the WSWS gang installed Saddam Hussein.  And then they deposed him too, scoring themselves a trillion dollars worth of “vig” in the process.

Vietnam?  We all know what happened there.  “3.1 million violent war deaths.”

Cambodia?  Millions dead in what used to be a sweet and lovely country.  A whole country suffering from PTSD, thanks to tampering by the US military-industrial complex, who just couldn’t keep their bombers and bombs in their jeans.

The Arab nations of the Middle East used to be friends with America before Wall Street and War Street started using Israel as a wedge.  Now nobody over there likes us — not even the Israelis.  http://www.blackagendareport.com/content/empire-reaps-jihadist-whirlwind

“Humanitarian intervention” in Libya by WSx2 was yet another disaster, even worse than when Al Capone took over Chicago.  Libya today is officially a “Failed State”.

And now the WSWS gang that can’t shoot straight is using its buddies in ISIS as an excuse to interfere and overthrow Syria’s legitimate government under Bashar Assad.  And despite all the New York Times’ incredibly false lies that Assad and ISIS are buddies, the real truth is that Assad is the only obstacle standing in the way of Syria becoming just yet another WSx2 Failed State.  http://www.globalresearch.ca/us-begins-selling-syria-intervention-using-isis-pretext/5396974

Does Turkey really want to have a failed state overrun by crazies right across its border?  I think not.

Ukraine, Iraq, Afghanistan?  The label of “Failed State” is hovering over their heads too, thanks to WS&WS.

And let’s not forget Latin America.  Chile was almost destroyed after the CIA and Kissinger interfered.  Honduras today is a killing field, with men. women and children being butchered like cattle by Wall Street and War Street’s government of choice.  And the terms “Death Squad” and “The Disappeared” came into popular use in Central America under Reagan’s watch.

Ah, Ronald Reagan, the WSx2’s best friend.  And the dread John Negroponte was its chief henchman and capo.  He still is.  Just check out his current efforts to interfere in Iraq, Syria and Ukraine.  He just loves him some snipers — firing at both peaceful protestors and police until war erupts.  It’s a wonder he hasn’t tried that in Ferguson too.  Or maybe he has.

Tiny Grenada was ruthlessly (and illegally) invaded in 1983 — even Margaret Thatcher and the Queen were pissed off!  And today Grenada’s foreign debts equal 35 percent of its GDP and Red China is paying for its cricket pitches.  Yet another WSx2 interference failure.  Yawn.

And Mexico, another victim of becoming close compadres with WS/WS, has now become the drug-lord capital of the world.  Er, maybe not.  Perhaps Columbia holds that title.  Or is it Afghanistan?  I’m confused.  Burma?  Wall Street and War Street would know for sure.  http://www.telesurtv.net/english/news/Number-of-Mexican-Disappeared-Keeps-Rising-Since-War-on-Drugs-Started-20140822-0035.html

Panama’s democratic leader was assassinated https://www.youtube.com/watch?v=GvLGJIOLQcE and that country got Manuel Noriega instead.  Thank you, WSx2.

In central Asia, Charlie Wilson viciously fought to support WS-WS’s right to tamper with Afghanistan’s fate — and look how badly that interference turned out, handing Afghanistan to Al Qaeda and the Taliban on a platter.

And Europe wasn’t spared any WSWS gang-related action either.  Take Ukraine for instance.  Do Americans even know what horrors are being perpetrated there in our name by WS&WS even at this very moment?  Gangland-style murders, extortion, turf wars, goons, thugs, the works.  You don’t even want to know.

Wall Street and War Street happily tampered with Yugoslavia.  Years of killing resulted.  http://original.antiwar.com/malic/2014/08/22/empires-murderous-fruits/

And even Ronald Reagan’s greatest tampering triumph on behalf of the Wall & War Boys, the fall of the USSR, resulted in dookie.  With Gorbachev gone, the poor Russians were stuck with heartless oligarchs and drunken Yeltsin — and they died by the thousands from cold and starvation as a result.  But, fortunately, Putin today is much better than that.  And so WSx2 hates him.

I started out trying to write all these horrors down in chronological order, but now I’m just writing them all down willy-nilly because there are so many examples floating around in my brain right now of WSx2 tampering that has turned into dog poop for the countries involved, that I am totally overwhelmed.

Let’s look at Egypt next.  It’s gone from Nasser, the people’s choice, to military despots like Mubarak and Sisi, thanks to WSx2.  Yuck.  Please give me a moment here to hold my nose.

And the Wall Street and War Street gang also propped up that brutal fascist apartheid regime in South Africa and Angola — just as they are currently propping up that brutal fascist apartheid regime in Israel now.  For example, when Americans picketed the Port of Oakland the other day, to prevent an Israeli ship from unloading its cargo there, in protest of Netanyahu’s brutal slaughter of women and children in Gaza, over a hundred police showed up to help protect the Israeli ship — not the protesters. http://www.mercurynews.com/crime-courts/ci_26365041/day-4-protests-at-port-oakland-block-israeli

And speaking of fascists, there is always Saudi Arabia to consider.  http://www.lewrockwell.com/2014/08/eric-margolis/about-that-alleged-beheading/  Wall Street and War Street just love tampering there, encouraging a despot government and looking the other way (and even contributing weapons, training and financial support) as the Saudis happily bankroll ISIS thugs in Syria, Lebanon and Iraq.  And see how badly that interference is turning out.  http://www.tomdispatch.com/blog/175884/tomgram%3A_patrick_cockburn%2C_how_to_ensure_a_thriving_caliphate  Not to mention how badly Saudi Arabia’s contributions to 9-11 turned out either.  https://www.youtube.com/watch?v=jLXyB5GtfBU

But the most disastrous tampering of all has occurred when Wall Street and War Street turned its deadly sights on interfering back home, right here in America.  The result for us?  Just look around you.  At your jobs, your infrastructure, your schools, your healthcare, your militarized police, your disappearing freedom of speech, your rigged elections, your lying media, your hate. https://www.facebook.com/photo.php?v=10152641509439483

The Wall Street & War Street Gang needs to stop screwing with our world and zip up its pants.  And we true patriotic Americans need to make them.


Jane Stillwater is a regular columnist for Veracity Voice
She can be reached at: jpstillwater@yahoo.com

Enslaving The World

August 17, 2014 by · 2 Comments 

Will God Allow It?

“Instead of a new order they institute disorder, and their controls lead to uncontrollable results.  In the spheres of economics, politics, and education, we see the plans and works of humanistic statists rapidly spinning out of control.  The dream of humanistic reason becomes a nightmare.”  Rushdoony Systematic Theology Pg. 656

Wars are always conducted in a sea of chaos.  Even the most well planned offensives seem to veer off into unforeseen directions and quickly get out of control.  It appears that the contemporary new world order has hit a snag.  Obama has ordered air strikes in Iraq. In Afghanistan an American General has been killed.  The New York Times reports that “scores of these so-called insider attacks have plagued the American military in recent years”. In Iraq ISIL (Islamic State of Iraq and the Levant) has found a popular niche and is expanding control over large parts of Iraq and Syria.   Iran remains independent and presents a dilemma for the United States battle for elite hegemony.

The U. S. wants to replace their original Iraqi stooge with another stooge and the original stooge is balking.  Iraqi Prime Minister Nouri al-Maliki has deployed troops to defend his regime against a U. S. effort to oust him.  Read here.

It appears that the fangs of United States imperialism have been cracked if not broken and the wheels of the juggernaut have been slowed.

The object behind all this murder and mayhem is to set up a puppet government in these Arab lands that can be controlled by the new world order forces that are behind U. S. imperialism.  These governments have been set up in both Iraq and Afghanistan but they have never been stable.

With the usual obsequious self-righteousness Defense Secretary Chuck Hagel says “It is up to the people of Afghanistan to make these decisions, their military, their new leadership that will be coming in as a result of their new government.”  He admits that “there is no guarantee” that Afghanistan’s puppet regime might collapse like floundering Iraq. The people of Iraq and Afghanistan must know that when the only candidates are stooges in what is called a “Democratic Election”, they are being subjected to fraud.

Money is the rail that supports the train of the new world order.  Western societies are money oriented and ambitious humanists are vulnerable to offers of wealth and power.  Societies that values religion more than money present a more difficult problem.  They cling to their religious beliefs and seek to organize themselves around them.  Afghans discern the duplicity and chaos that accompanies efforts to destroy their religion and bring them under the tyrannical tent of Western power.  Read here.

Meanwhile in Iraq Floyd Brown of “Wall Street Daily” reports that title ISIS (Independent State of Iraq and Syria)  has been changed to Islamic State and that under Sharia law Sunni Caliph Ibrahim will become head of both state and religion.  This powerful organization has shaken the control of U. S. ally Shia Prime Minister Nouri al-Maliki and made it impossible to continue the sham of democracy that U. S. forces had fought so hard to implement.

Problems in the U. S. military are beginning to grow as officers who fought in Iraq are disillusion with the chaos that has resulted from their efforts to bring order. It becomes difficult to maintain a proper esprit de corps when hard won victories turn into depressing defeats.

It appears that the American war party made a poor decision when they set about creating controlled democracies in nations with intractable internal conflicts.  Any semblance of freedom seems to erupt into murder and mayhem.

To make matters worse knowledgeable insider David Stockman is predicting the total collapse of what he calls the “American Imperium”.  He cites the impossible task of reversing massive military spending and believes American superpower status is in jeopardy. Listen here.

Most Americans now know that our nation is slated for disaster:  Flying on a recent trip I was informed by my fellow travelers that they were stocking foods and had purchased weapons for their homes.  A college professor, a Registered Nurse, and a New England office worker the wife a policeman all related their serious concern for the future of the homeland.

We are a nation being controlled by a mentally unbalanced cabal.  The promotion of Feminism Homosexuality and Lesbianism has seriously eroded the family which is the key unit of government in the Creation.

The attempt to promote women into male equality is similar to trying to transform a cat into a dog.  It provides an accurate definition of cognitive dissonance; they are weaker physically, their bodies are constructed differently, they are softer, more helpful, and have an ability to do several things at once.  Men are physically stronger and aggressively sexually attracted to women.  Women are designed to be helpmates to men who are vested with the duty of protecting them; first fathers then husbands.  When physically inferior women are put together with predatory males they will be assaulted and laws will not prevent it.

Homosexuals and Lesbians pervert the sex act and promote their lifestyles in rebellion against the normal procedures of marriage and procreation.  Sexual practices are often formed by the primary sexual experience; homosexuality usually becomes imbedded early in a person’s life.  Some may be born with these tendencies but more are acquired.  Questioning the sexuality of young and adolescent children can cause serious problems as they fight to grow into adulthood.

Recently on Public Radio an interviewer asked a guest if he believed Creationism should be taught in schools; his answer was “no” because Creationism is not based on scientific evidence.  How any realistic human could miss the diversity and complexity of the creation and spend worthless time trying to deny it was created is beyond rationality.  Living things do evolve but they do not evolve into more complex organisms.  That billions of years would defy what is plainly evident is a wanton distortion of reality.  Matter deteriorates over time it does not evolve into more complex living organisms.  If you doubt, read here.

R. J. Rushdoony contends that the quest for freedom by humanists always ends in slavery.  The weaker masses become the slaves of the powerful elite – history is replete with proof.  We were created to be governed by God and to obey His Law.  Maximum autonomy results from living under God’s Commandments.

We are created in the image of God to be His regents in His creation.  Attempts to replace His dominion result in a flight from reality that spawns first anarchy and chaos and then grinding humanistic tyranny.  “Because all reality, including man himself, is God-created and made according to God’s will and eternal purpose, man cannot have a right relationship to himself, to other men, and to the world around him except through God and His word.”  Rushdoony, “Systematic Theology”, Pg.642

This is where we are in the United States of America, everything is breading down:  We are hopelessly in debt, our courts no longer produce justice, civil order is tenuous, we have lost our moral standards, families are in disarray and are failing to produce enough children to maintain the race, our government is hoarding weapons while they seek to disarm citizens, our soldiers are losing the fight for world empire, and our churches are weak and full of serious theological error.

Now, let me shock you, gentle reader.  From this chaos God will build His Kingdom!  When the world is thoroughly tired of living in murder, mayhem, and captivity, God may change enough hearts to return the world to His justice and His peace.


Al Cronkrite is a writer living in Florida, reach him at: trueword13@yahoo.com

Al Cronkrite is a regular columnist for Veracity Voice

The Latest In The New Cold War

August 13, 2014 by · Leave a Comment 

My Money’s On Putin…

“History shows that the United States has benefited politically and economically from wars in Europe. The huge outflow of capital from Europe following the First and Second World Wars, transformed the U.S. into a superpower … Today, faced with economic decline, the US is trying to precipitate another European war to achieve the same objective.”… Sergey Glazyev, Russian politician and economist

“The discovery of the world’s largest, known gas reserves in the Persian Gulf, shared by Qatar and Iran, and new assessments which found 70 percent more gas in the Levantine in 2007, are key to understanding the dynamics of the conflicts we see today. After a completion of the PARS pipeline, from Iran, through Iraq and Syria to the Eastern Mediterranean coast, the European Union would receive more than an estimated 45 percent of the gas it consumes over the next 100 – 120 years from Russian and Iranian sources. Under non-conflict circumstances, this would warrant an increased integration of the European, Russian and Iranian energy sectors and national economies.” Christof Lehmann,Interview with Route Magazine

The United States failed operation in Syria, has led to an intensification of Washington’s proxy war in Ukraine. What the Obama administration hoped to achieve in Syria through its support of so called “moderate” Islamic militants was to topple the regime of Bashar al Assad, replace him with a US-backed puppet, and prevent the construction of the critical Iran-Iraq-Syria pipeline. That plan hasn’t succeeded nor will it in the near future, which means that the plan for the prospective pipeline will eventually go forward.

Why is that a problem?

It’s a problem because–according to Dr. Lehmann–”Together with the Russian gas… the EU would be able to cover some 50 percent of its requirements for natural gas via Iranian and Russian sources.” As the primary suppliers of critical resources to Europe, Moscow and Tehran would grow stronger both economically and politically which would significantly undermine the influence of the US and its allies in the region, particularly Qatar and Israel. This is why opponents of the pipeline developed a plan to sabotage the project by fomenting a civil war in Syria. Here’s Lehmann again:

“In 2007, Qatar sent USD 10 billion to Turkey´s Foreign Minister Davotoglu to prepare Turkey´s and Syria´s Muslim Brotherhood for the subversion of Syria. As we recently learned from former French Foreign Minister Dumas, it was also about that time, that actors in the United Kingdom began planning the subversion of Syria with the help of “rebels”’ (Christof Lehmann, Interview with Route Magazine)

In other words, the idea to arm, train and fund an army of jihadi militants, to oust al Assad and open up Syria to western interests, had its origins in an evolving energy picture that clearly tilted in the favor of US rivals in the region. (Note: We’re not sure why Lehmann leaves out Saudi Arabia, Kuwait or the other Gulf States that have also been implicated.)

Lehmann’s thesis is supported by other analysts including the Guardian’s Nafeez Ahmed who explains what was going on behind the scenes of the fake civil uprising in Syria. Here’s a clip from an article by Ahmed titled “Syria intervention plan fueled by oil interests, not chemical weapon concern”:

“In May 2007, a presidential finding revealed that Bush had authorised CIA operations against Iran. Anti-Syria operations were also in full swing around this time as part of this covert programme, according to Seymour Hersh in the New Yorker. A range of US government and intelligence sources told him that the Bush administration had “cooperated with Saudi Arabia’s government, which is Sunni, in clandestine operations” intended to weaken the Shi’ite Hezbollah in Lebanon. “The US has also taken part in clandestine operations aimed at Iran and its ally Syria,” wrote Hersh, “a byproduct” of which is “the bolstering of Sunni extremist groups” hostile to the United States and “sympathetic to al-Qaeda.” He noted that “the Saudi government, with Washington’s approval, would provide funds and logistical aid to weaken the government of President Bashir Assad, of Syria”…

According to former French foreign minister Roland Dumas, Britain had planned covert action in Syria as early as 2009: “I was in England two years before the violence in Syria on other business”, he told French television:

“I met with top British officials, who confessed to me that they were preparing something in Syria. This was in Britain not in America. Britain was preparing gunmen to invade Syria.”
… Leaked emails from the private intelligence firm Stratfor including notes from a meeting with Pentagon officials confirmed US-UK training of Syrian opposition forces since 2011 aimed at eliciting “collapse” of Assad’s regime “from within.”

So what was this unfolding strategy to undermine Syria and Iran all about? According to retired NATO Secretary General Wesley Clark, a memo from the Office of the US Secretary of Defense just a few weeks after 9/11 revealed plans to “attack and destroy the governments in 7 countries in five years”, starting with Iraq and moving on to “Syria, Lebanon, Libya, Somalia, Sudan and Iran.” In a subsequent interview, Clark argues that this strategy is fundamentally about control of the region’s vast oil and gas resources.”
(“Syria intervention plan fueled by oil interests, not chemical weapon concern“, The Guardian)

Apparently, Assad was approached by Qatar on the pipeline issue in 2009, but he refused to cooperate in order “to protect the interests of [his] Russian ally.” Had Assad fallen in line and agreed to Qatar’s offer, then the effort to remove him from office probably would have been called off. In any event, it was the developments in Syria that triggered the frenzied reaction in Ukraine. According to Lehmann:

“The war in Ukraine became predictable (unavoidable?) when the great Muslim Brotherhood Project in Syria failed during the summer of 2012. …In June and July 2012 some 20,000 NATO mercenaries who had been recruited and trained in Libya and then staged in the Jordanian border town Al-Mafraq, launched two massive campaigns aimed at seizing the Syrian city of Aleppo. Both campaigns failed and the ”Libyan Brigade” was literally wiped out by the Syrian Arab Army.

It was after this decisive defeat that Saudi Arabia began a massive campaign for the recruitment of jihadi fighters via the network of the Muslim Brotherhoods evil twin sister Al-Qaeda.

The International Crisis Group responded by publishing its report ”Tentative Jihad”. Washington had to make an attempt to distance itself ”politically” from the ”extremists”. Plan B, the chemical weapons plan was hedged but it became obvious that the war on Syria was not winnable anymore.” (“The Atlantic Axis and the Making of a War in Ukraine“, New eastern Outlook)

There were other factors that pushed the US towards a conflagration with Moscow in Ukraine, but the driving force was the fact that US rivals (Russia and Iran) stood to be the dominant players in an energy war that would increasingly erode Washington’s power. Further economic integration between Europe and Russia poses a direct threat to US plans to pivot to Asia, deploy NATO to Russia’s borders, and to continue to denominate global energy supplies in US dollars.

Lehmann notes that he had a conversation with “a top-NATO admiral from a northern European country” who clarified the situation in a terse, two-sentence summary of US foreign policy. He said:

“American colleagues at the Pentagon told me, unequivocally, that the US and UK never would allow European – Soviet relations to develop to such a degree that they would challenge the US/UK’s political, economic or military primacy and hegemony on the European continent. Such a development will be prevented by all necessary means, if necessary by provoking a war in central Europe”.

This is the crux of the issue. The United States is not going to allow any state or combination of states to challenge its dominance. Washington doesn’t want rivals. It wants to be the undisputed, global superpower, which is the point that Paul Wolfowitz articulated in an early draft of the US National Defense Strategy:

“Our first objective is to prevent the re-emergence of a new rival, either on the territory of the former Soviet Union or elsewhere, that poses a threat on the order of that posed formerly by the Soviet Union. This is a dominant consideration underlying the new regional defense strategy and requires that we endeavor to prevent any hostile power from dominating a region whose resources would, under consolidated control, be sufficient to generate global power.”

So the Obama administration is going to do whatever it thinks is necessary to stop further EU-Russia economic integration and to preserve the petrodollar system. That system originated in 1974 when President Richard Nixon persuaded OPEC members to denominate their oil exclusively in dollars, and to recycle their surplus oil proceeds into U.S. Treasuries. The arrangement turned out to be a huge windfall for the US, which rakes in more than $1 billion per day via the process. This, in turn, allows the US to over-consume and run hefty deficits. Other nations must stockpile dollars to purchase the energy that runs their machinery, heats their homes and fuels their vehicles. Meanwhile, the US can breezily exchange paper currency, which it can print at no-expense to itself, for valuable imported goods that cost dearly in terms of labor and materials. These dollars then go into purchasing oil or natural gas, the profits of which are then recycled back into USTs or other dollar-denominated assets such as U.S. stocks, bonds, real estate, or ETFs. This is the virtuous circle that keeps the US in the top spot.

As one critic put it: “World trade is now a game in which the US produces dollars and the rest of the world produces things that dollars can buy.”

The petrodollar system helps to maintain the dollar’s monopoly pricing which, in turn, sustains the dollar as the world’s reserve currency. It creates excessive demand for dollars which allows the Fed to expand the nation’s credit by dramatically reducing the cost of financing. If oil and natural gas were no longer denominated in USDs, the value of the dollar would fall sharply, the bond market would collapse, and the US economy would slip into a long-term slump.

This is one of the reasons why the US invaded Iraq shortly after Saddam had switched over to the euro; because it considers any challenge to the petrodollar looting scam as a direct threat to US national security.

Moscow is aware of Washington’s Achilles’s heel and is making every effort to exploit that weakness by reducing its use of the dollar in its trade agreements. So far, Moscow has persuaded China and Iran to drop the dollar in their bilateral dealings, and they have found that other trading partners are eager to do the same. Recently, Russian economic ministers conducted a “de-dollarization” meeting in which a “currency switch executive order” was issued stating that “the government has the legal power to force Russian companies to trade a percentage of certain goods in rubles.”

Last week, according to RT:

“The Russian and Chinese central banks have agreed a draft currency swap agreement, which will allow them to increase trade in domestic currencies and cut the dependence on the US dollar in bilateral payments. “The draft document between the Central Bank of Russia and the People’s Bank of China on national currency swaps has been agreed by the parties…..The agreement will stimulate further development of direct trade in yuan and rubles on the domestic foreign exchange markets of Russia and China,” the Russian regulator said.

Currently, over 75 percent of payments in Russia-China trade settlements are made in US dollars, according to Rossiyskaya Gazeta newspaper.” (“De-Dollarization Accelerates – China/Russia Complete Currency Swap Agreement“, Zero Hedge)

The attack on the petrodollar recycling system is one of many asymmetrical strategies Moscow is presently employing to discourage US aggression, to defend its sovereignty, and to promote a multi-polar world order where the rule of law prevails. The Kremlin is also pushing for institutional changes that will help to level the playing field instead of creating an unfair advantage for the richer countries like the US. Naturally, replacing the IMF, whose exploitative loans and punitive policies, topped the list for most of the emerging market nations, particularly the BRICS (Brazil, Russia, India, China and South Africa) who, in July, agreed to create a $100 billion Development Bank that will “will counter the influence of Western-based lending institutions and the dollar. The new bank will provide money for infrastructure and development projects in BRICS countries, and unlike the IMF or World Bank, each nation has equal say, regardless of GDP size.

According to RT:

“The big launch of the BRICS bank is seen as a first step to break the dominance of the US dollar in global trade, as well as dollar-backed institutions such as the International Monetary Fund (IMF) and the World Bank, both US-based institutions BRICS countries have little influence within…

“This mechanism creates the foundation for an effective protection of our national economies from a crisis in financial markets,” Russian President Vladimir Putin said.”
(“BRICS establish $100bn bank and currency pool to cut out Western dominance“, RT)

It’s clear that Washington’s aggression in Ukraine has focused Moscow’s attention on retaliation. But rather than confront the US militarily, as Obama and Co. would prefer, Putin is taking aim at the vulnerabilities within the system. A BRICS Development Bank challenges the IMF’s dominant role as lender of last resort, a role that has enhanced the power of the wealthy countries and their industries. The new bank creates the basis for real institutional change, albeit, still within the pervasive capitalist framework.

Russian politician and economist, Sergei Glazyev, summarized Moscow’s approach to the US-Russia conflagration in an essay titled “US is militarizing Ukraine to invade Russia.” Here’s an excerpt:

“To stop the war, you need to terminate its driving forces. At this stage, the war unfolds mainly in the planes of economic, public relations and politics. All the power of US economic superiority is based on the financial pyramid of debt, and this has gone long beyond sustainability. Its major lenders are collapsing enough to deprive the US market of accumulated US dollars and Treasury bonds. Of course, the collapse of the US financial system will cause serious losses to all holders of US currency and securities. But first, these losses for Russia, Europe and China will be less than the losses caused by American geopolitics unleashing another world war. Secondly, the sooner the exit from the financial obligations of this American pyramid, the less will be the losses. Third, the collapse of the dollar Ponzi scheme gives an opportunity, finally, to reform the global financial system on the basis of equity and mutual benefit.”

Washington thinks “modern warfare” involves covert support for proxy armies comprised of Neo Nazis and Islamic extremists. Moscow thinks modern warfare means undermining the enemy’s ability to wage war through sustained attacks on it’s currency, its institutions, its bond market, and its ability to convince its allies that it is a responsible steward of the global economic system.

I’ll put my money on Russia.


Mike Whitney is a regular columnist for Veracity Voice

Mike Whitney lives in Washington state. He can be reached at: fergiewhitney@msn.com

Our Population Growth Totalitarian Future

August 2, 2014 by · Leave a Comment 

As the world explodes in violence, war, riots, and uprisings, it is challenging to step back and examine the bigger picture. With airliners being shot down over the Ukraine, missiles flying between Israel and Gaza, ongoing civil war in Syria, Iraq falling apart as ISIS gains ground, dictatorship crackdown in Egypt, Turkey on the verge of revolution, Iran gaining control of Iraq, Saudi Arabia fomenting violence, Africa dissolving into chaos, South America imploding and sending their children across our purposely porous southern border, Mexico under the control of drug lords, China experiencing a slow motion real estate collapse, Japan experiencing their third decade of Keynesian failure, facing a demographic nightmare scenario while being slowly poisoned by radiation, and Chinese-Japanese relations moving towards World War II levels, it is easy to get lost in the day to day minutia of history in the making.

Why is this happening at this point in history? Why is the average American economically worse off today than they were at the height of the economic crisis in 2009? Why is the Cold War returning with a vengeance? Why is the Federal Reserve still employing emergency monetary policies when we are supposedly five years into a recovery and the stock market has attained record highs? Why do the ECB and European politicians continue to paper over the insolvency of their banks and governments? Why did the U.S. support the ouster of a dictator we supported for decades in Egypt and then support the elevation of a new dictator after we didn’t like the policies of the democratically elected president? Why did the U.S. eliminate the leader of Libya and allow the country to descend into anarchy and civil war? Why did the U.S. fund and provoke a revolutionary overthrow of a democratically elected leader in the Ukraine? Why did the U.S. fund and arm Al Qaeda associated rebels in Syria who are now fighting our supposed allies in Iraq? Why has the U.S. been occupying Afghanistan for the last thirteen years with the result being a Taliban that is stronger than ever? Why are the BRIC countries forming a monetary union to challenge USD domination? Why is the U.S. attempting to provoke Russia into a conflict with NATO?

Why is the U.S. government collecting every electronic communication made by every American? Why is the U.S. government spying on world leader allies? Why is the U.S. government providing military equipment to local police forces? Why is the U.S. military conducting training exercises within U.S. cities? Why is the U.S. government attempting to restrict Second Amendment rights? Why is the U.S. government attempting to control and lockdown the internet? Why has the U.S. government chosen to treat the Fourth Amendment as if it is obsolete? Why is the national debt still rising by $750 billion per year ($2 billion per day) if the economy is back to normal? Why have 12 million working age Americans left the workforce since the economic recovery began? How could the unemployment rate be back at 2008 levels when there are 14 million more working age Americans and the same number employed as in 2008? Why are there 13 million more people on food stamps today than there were at the start of the economic recovery in 2009? Why have home prices risen by 25% since 2012 when mortgage applications have been at fourteen year lows? Why are Wall Street profits and bonuses at record highs while the real median household income stagnates at 1998 levels?

Why do 98% of incumbent politicians get re-elected when congressional approval levels are lower than whale shit? Why are oil prices four times higher than they were in 2003 if the U.S. is supposedly on the verge of energy independence? Why do the corporate controlled mainstream media choose to entertain and regurgitate government propaganda rather than inform, investigate and seek the truth? Why do corporations and shadowy billionaires control the politicians, media, judges, and financial system in their ravenous quest for more riches? Why has the public allowed a privately owned bank to control our currency and inflate away 96% of its value in 100 years? Why have American parents allowed their children to be programmed and dumbed down by government run public schools? Why have Americans allowed themselves to be lured into debt in an effort to appear wealthy and successful? Why have Americans permitted their brains to atrophy through massive doses of social media, reality TV, iGadget addiction, and a cultural environment of techno-narcissism? Why have Americans lost their desire to read, think critically, question authority, act responsibly, defer gratification, and care about future generations? Why have Americans sacrificed their freedoms, liberties and rights for the false expectation of safety and security? Why will we pay dearly for our delusional, materialistic, debt financed idiocy? – Because we never learn the lessons of history.

There are so many questions and no truthful answers forthcoming from those who pass for leaders in this increasingly totalitarian world. Our willful ignorance, apathy, hubris and arrogance will have consequences. Just because it hasn’t happened yet, doesn’t mean it’s not going to happen. The cyclicality of history guarantees a further deepening of this Crisis. The world has evolved from totalitarian hegemony to republican liberty and regressed back to totalitarianism throughout the centuries. Anyone honestly assessing the current state of the world and our country would unequivocally conclude we have regressed back towards a totalitarian regime where a small cabal of powerful oligarchs believes they can control and manipulate the masses in their gluttonous desire for treasure. Aldous Huxley foretold all the indicators of a world descending into totalitarianism due to overpopulation, propaganda, brainwashing, consumerism, and dumbing down of a distracted populace in his 1958 reassessment of his 1931 novel Brave New World.

Is There a Limit?

“At the rate of increase prevailing between the birth of Christ and the death of Queen Elizabeth I, it took sixteen centuries for the population of the earth to double. At the present rate it will double in less than half a century. And this fantastically rapid doubling of our numbers will be taking place on a planet whose most desirable and pro­ductive areas are already densely populated, whose soils are being eroded by the frantic efforts of bad farmers to raise more food, and whose easily available mineral capital is being squandered with the reckless extravagance of a drunken sailor getting rid of his accumulated pay.” –Aldous Huxley – Brave New World Revisited – 1958

Demographics are easy to extrapolate and arrive at an accurate prediction, as long as the existing conditions and trends remain relatively constant. Huxley was accurate in his doubling prediction. The world population was 2.9 billion in 1958. It only took 39 years to double again to 5.8 billion in 1997. It has grown by 24% in the last 17 years to the current level of 7.2 billion. According to United Nations projections, world population is projected to reach 9.6 billion in 2050. The fact that it would take approximately 70 years for the world’s population to double from the 1997 level reveals a slowing growth rate, as the death rate in many developed countries surpasses their birth rate. The population of the U.S. grew from 175 million in 1958 to 320 million today, an 83% increase in 56 years.

The rapid population growth over the last century from approximately 1.8 billion in 1914, despite two horrific world wars, is attributable to cheap, easy to access oil and advances in medical technology made possible by access to cheap oil. The projection of 9.6 billion in 2050 is based upon an assumption the world’s energy, food and water resources can sustain that many people, no world wars kill a few hundred million people, no incurable diseases spread across the globe and there is no catastrophic geologic, climate, or planetary events. I’ll take the under on the 9.6 billion.

Anyone viewing the increasingly violent world situation without bias can already see the strain that overpopulation has created. Today, six countries contain half the world’s population.

A cursory examination of population trends around the world provides a frightening glimpse into a totalitarian future marked by vicious resource wars, violent upheaval and starvation for millions. India, a country one third the size of the United States, has four times the population of the United States. A vast swath of the population lives in poverty and squalor. India contains the largest concentration (25%) of people living below the World Bank’s international poverty line of $1.25 per day. According to the U.N. India is expected to add 400 million people to its cities by 2050. Its capital city Delhi already ranks as the second largest in the world, with 25 million inhabitants. The city has more than doubled in size since 1990. The assumptions in these U.N. projections are flawed. Without rapidly expanding economic growth, capital formation and energy resources, the ability to employ, house, feed, clothe, transport, and sustain 400 million more people will be impossible. Disease, starvation, civil unrest, war and a totalitarian government would be the result. With its mortal enemy Pakistan, already the sixth most populated country in the world, jamming 182 million people into an area one quarter the size of India and one twelfth the size of the U.S. and growing faster than India, war over resources and space will be inevitable. And both countries have nuclear arms.

More than half the globe’s inhabitants now live in urban areas, with China, India and Nigeria forecast to see the most urban growth over the next 30 years. Twenty-four years ago, there were 10 megacities with populations pushing above the 10 million mark. Today, there are 28 megacities with areas of developing nations seeing faster growth: 16 in Asia, 4 in Latin America, 3 in Africa, 3 in Europe and 2 in North America. The world is expected to have 41 sprawling megacities over the next few decades with developing nations representing the majority of that growth. Today, Tokyo, with 38 million people, is the largest in the world, followed by New Delhi, Jakarta, Seoul, Shanghai, Beijing, Manila, and Karachi – all exceeding 20 million people.

To highlight the rapid population growth of the developing world, the New York metropolitan area containing 18 million people was ranked as the third largest urban area in the world in 1990. Today it is ranked ninth and is expected to be ranked fourteenth by 2030. The U.S. had the fewest births since 1998 last year at 3.95 million. We also had the highest recorded deaths in history at 2.54 million.  The fertility rate for 20- to 24-year-olds is now 83.1 births per 1,000 women, a record low. That combination created a gap in births over deaths that is the lowest it has been in 35 years.

This is the plight of the developed world (U.S., Europe, Japan) and even China (due to one child policy). According to the U.N. report, the population of developed regions will remain largely unchanged at around 1.3 billion from now until 2050. In contrast, the 49 least developed countries are projected to double in size from around 900 million people in 2013 to 1.8 billion in 2050. The rapid growth of desperately poor third world countries like Nigeria, Afghanistan, Niger, Congo, Ethiopia, and Uganda will create tremendous strain on their economic, political, social, and infrastructural systems. Nigeria’s population is projected to surpass the U.S. by 2050. Japan, Europe and Russia are in demographic death spirals. China is neutral, and the U.S. is expected to grow by another 89 million people. I wonder how many of them the BLS will classify as not in the labor force.

What are the implications to mankind of the world adding another billion people in the next twelve years, primarily in the poorest countries of Asia, Africa and South America? What does the world think of the U.S., which constitutes 4.4% of the world’s population, but consumes 20% of the world’s oil production and 24% of the world’s food? Will there be consequences to having the 85 richest people on earth accumulating as much wealth as the poorest 3.5 billion, with 1.2 billion surviving on less than $1.25 per day? Can a planet with finite amount of easily accessible financially viable extractable resources support an ever increasing number of people? Is there a limit to growth? I believe these questions will be answered in the next fifteen years as the dire consequences play out in civil strife, resource wars, totalitarian regimes, and societal collapse. Fourth Turning Crisis cycles always sweep away the existing social order and replace it with something new. It could be better or far worse.

Impact of Over-Population

“The problem of rapidly increasing numbers in relation to natural resources, to social stability and to the well-being of individuals — this is now the central problem of mankind; and it will remain the central problem certainly for another century, and perhaps for several centuries thereafter. Unsolved, that problem will render insoluble all our other problems. Worse still, it will create conditions in which individual free­dom and the social decencies of the democratic way of life will become impossible, almost unthinkable. Not all dictatorships arise in the same way. There are many roads to Brave New World; but perhaps the straightest and the broadest of them is the road we are travel­ing today, the road that leads through gigantic num­bers and accelerating increases.” – Aldous Huxley – Brave New World Revisited – 1958

The turmoil roiling the world today is a function of Huxley’s supposition that over-population pushes societies towards centralization and ultimately totalitarianism. The relentless growth in the world’s population, not matched by growth in energy resources, water, food, and living space, results in increasing tension, anger, economic decline, government dependency, war and ultimately totalitarianism. Huxley believed politicians and governments would increasingly resort to propaganda and misinformation to mislead citizens as the problems worsened and freedoms were revoked. Could this recent statement by our commander and chief of propaganda have made Edward Bernays and Joseph Goebbels any prouder?

“The world is less violent than it has ever been. It is healthier than it has ever been. It is more tolerant than it has ever been. It is better fed then it’s ever been. It is more educated than it’s ever been.”

I’m sure the people living in Gaza, the Ukraine, Libya, Syria, Iraq, Afghanistan, Thailand, Turkey, Africa and American urban ghettos would concur with Obama’s less violent than ever mantra. Disease (Cholera, Malaria, Hepatitis, Aids, Tuberculosis, Ebola, Plague, SARS) and malnutrition beset third world countries, while the U.S. obesity epidemic caused by consumption of corporate processed food peddled to the masses through diabolical marketing methods enriches the mega-corporate food companies, as well as the corporate sick care complex. Religious wars and culture wars rage across the world as intolerance for others beliefs reaches all-time highs. After three decades of government controlled public education they have succeeded in dumbing down the masses through social engineering, propaganda, and promoting equality over excellence. Obama should stop trying to think and stick to what he does best – golf and fundraising. After reading his drivel, I’m reminded of a far more pertinent quote from Huxley:

“Facts do not cease to exist because they are ignored.”

The chart below details the fact that 12% of the world’s population in countries producing 9% of the world’s oil are currently in a state of war. The violence, war, and civil unrest roiling the Ukraine, Syria, Egypt, Libya, Iraq, and Afghanistan are a direct result of U.S. meddling, instigation, and provocation. The U.S. government funds dictators (Hussein, Mubarak, Assad, Gaddafi) until they no longer serve their interests, engineer the overthrow of democratically elected leaders in countries (Iran, Egypt, Ukraine) that don’t toe the line, and dole out billions in military aid and arms to countries around the world in an effort to make them do our dirty work and enrich the military industrial complex. The true motivation behind most of the violence, intrigue and war is the U.S. need to maintain the U.S. petro-dollar hegemony and to control the flow of oil and natural gas throughout the world. The ruling oligarchy’s power, influence, and wealth are dependent upon dictating currency valuations and flow of oil and gas from foreign fiefdoms.

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/07/20140725_war2.png

In Huxley’s 1931 Brave New World fable the world’s population is maintained at an optimum level (just under 2 billion) calculated by those in control. This is done through technology and biological manipulation. Procreation through sexual intercourse is prohibited. Creation of the desired number of people in each class is scientifically determined and the classes are conditioned from birth to fulfill their roles in society. When Huxley reassessed his novel in 1958’s Brave New World Revisited he didn’t argue for an optimum level of population. He simply hypothesized a close correlation between too many people, multiplying too rapidly, and the formulation of authoritarian philosophies and rise of totalitarian sys­tems of government.

The introduction of penicillin, DDT, and clean water into even the poorest countries on the planet had the effect of rapidly decreasing death rates around the globe. Meanwhile, birth rates continued to increase due to religious, social and cultural taboos surrounding birth control and the illiteracy and ignorance of those in the poorest regions of the world. The ultimate result has been an explosion in population growth in the developing world, least able to sustain that growth. Huxley just uses common sense in concluding that as an ever growing population presses more heavily upon accessible resources, the economic position of the society undergoing this ordeal becomes ever more precarious.

It essentially comes down to the laws of economics. Most of the developing world is economic basket cases. They cannot produce food, consumer goods, housing, schools, infrastructure, teachers, managers, scientists or educated workers at the same rate as their population growth. Therefore, it is impossible to improve the wretched conditions of the vast majority, as they wallow in squalor. Unless a country can produce more than it consumes, it cannot generate the surplus capital needed to invest in machinery, agricultural production, manufacturing facilities, and education. The rapidly growing population sinks further into poverty and despair. Huxley grasps the nefarious implications for freedom and liberty as over-population wreaks havoc around the globe:

“Whenever the economic life of a nation becomes pre­carious, the central government is forced to assume additional responsibilities for the general welfare. It must work out elaborate plans for dealing with a criti­cal situation; it must impose ever greater restrictions upon the activities of its subjects; and if, as is very likely, worsening economic conditions result in polit­ical unrest, or open rebellion, the central government must intervene to preserve public order and its own authority. More and more power is thus concentrated in the hands of the executives and their bureaucratic managers.”– Aldous Huxley – Brave New World Revisited – 1958

Despots, dictators, and power hungry presidents arise in an atmosphere of fear, scarce resources, hopelessness, and misery. As the power of the central government grows the freedoms, liberties and rights of the people are diminished and ultimately relinquished.

Source: The Millennium Report

Internationalists Are Pushing The World Towards Globally Engineered Economic Warfare

August 2, 2014 by · Leave a Comment 

Over a year ago I published an essay entitled ‘The Linchpin Lie: How Global Collapse Will Be Sold To The Masses’. This essay addressed efforts by the ever malicious Rand Corporation to create a false narrative surrounding the possibility of global collapse. Linchpin Theory, as it was named by it’s originator and Rand Corp. employee, John Casti, is I believe the very future of propaganda. Every engineered crisis needs a clever cover story, and in Linchpin Theory, we are told that all human catastrophe is a mere natural product of the “overcomplexity” within various systems. Yes, there is no accounting of false flag geopolitics or elitist conspiracy, no acknowledgment of deliberately initiated chaos; such things do not exist in the world of “linchpins”. Rather, the Rand Corporation would have us believe that the world is a massive game of Jenga, and the supporting pieces just remove themselves from the teetering structure by magical and coincidental causality.

Today, the linchpin lie is now being carefully inserted into the mainstream narrative. I can’t say I was shocked to hear Alan Greenspan use its basic premise when he recently stated that:

I have come to the conclusion that bubbles…are a function of human nature. We don’t have enough observations, but my tentative hypothesis to what we’re dealing with is that both a necessary and sufficient condition for the emergence of a bubble is a protracted period of stable economic activity at low inflation. So it is a very difficult policy problem. I do believe that central banks that believe they can quell bubbles are living in a state of unrealism.”

It is important that we understand what Greenspan is actually doing here. The former Fed chairman is asserting that economic bubbles like the derivatives bubble of 2008 are a “natural function”, like the seasons, and are out of the control of central bankers. The truth is that central bankers have never tried to “quell” economic bubbles, they have been deliberately creating them in order to position the global economy into a crisis which they can then exploit. Greenspan is not only diverting blame for all the past and future economic crashes central banks have engineered, he is also setting the propaganda stage for a great change in the dynamic of the central banking concept – what the IMF’s Christine Lagarde calls the “global economic reset”.

The current central banking structure gives the illusion of separation and sovereignty. Most people who have not researched the nature of the international banking cartel believe that the Federal Reserve, for instance, is a separate national entity from the Central Bank of Russia, or the Central Bank of China. They believe that these institutions act of their own accord rather than in concert with each other. The reality is, there is no Federal Reserve. There is no Central Bank of Russia. There are no separate entities. There are no Western banks and there are no BRICS. All of these banking edifices are merely front organizations for global financiers, as Council on Foreign Relations insider (and friend to the Rockefellers) Carroll Quigley made clear in his book, Tragedy And Hope:

“It must not be felt that the heads of the world’s chief central banks were themselves substantive powers in world finance. They were not. Rather they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up, and who were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investment bankers who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks. “

A “global economic reset”, I suspect, will consist of a grand shift away from covert cooperation between central banks to an OPENLY centralized one world banking system, predicated on the concepts put forward by the IMF and led by the Bank of International Settlements, which has always been behind the scenes handing down commandments to the seemingly separate central banks of nations.

In order for this “reset” to be achieved, however, the establishment needs a historically monumental distraction. A distraction so confounding and terrifying that by the time the public has a chance to examine the situation rationally, the elites have already tightened the noose.

I have been warning ever since the beginning of the derivatives/debt collapse of 2007/2008 that the international financiers and globalists who created the artificially low interest rates and fiat lending bonanza would one day be required to fashion a considerably dangerous event in orderto trigger the final collapse of the dollar based monetary system and replace it with a new currency (or basket of currencies), along with a new centralized financial authority.

This distracting event would have to rely on three very important strategies in order to succeed –

1) The use of what I call the “scattershot effect”; a swarm of smaller crises growing exponentially until it blurs together to create one dynamic calamity.

2) The use of multiple false paradigms in order to confuse the masses and pit them against one another in an absurd fight over fake and meaningless causes.

3) The use of deceptive benevolence on the part of the financial elite as they tap dance in to act as global “mediators”, ready to save the public from itself.

The end result would be a new brand of “world war” rather unique to history.

When most people imagine WWIII, they immediately envision images of nuclear bombs and mushroom clouds, however, I believe that when world war erupts, it may progress far differently from our cinematic assumptions. Regional conflicts are very likely, there is no doubt, but if one places himself in the shoes of the elites, one realizes that all out mechanized nuclear Armageddon is not really necessary to achieve the desired result of global governance.

Economic warfare alone could be extremely effective in initiating full spectrum fiscal implosion as well as mass starvation, mass panic, and mass desperation. All the signs lead me to believe that financial combat and 4th generation warfare will be used in the place of large armies and missiles.

The Scattershot Effect

Consider the sheer scope and number of crisis situations that have reached explosive proportions just in the past six months.

Syria continues to destabilize due to ISIS insurgents supported by the U.S., Saudi Arabia, and Israel; it is a horrifying storm which is now bleeding into other nations such as Iraq.

Iraq is on the verge of complete disintegration as the same western organized ISIS movestowards the outskirts of Baghdad.

Libya has imploded, with the American embassy evacuated, as well as the French and British, as various militias battle for supremacy.

The Ukraine crisis is nearing mutation into another beast entirely after the attack on Malaysian flight MH17. In just the past week, the EU has instituted sanctions against Russia, fighting has become even more fierce around Donetsk, Russia has been accused of firing artillery into Ukraine, and the U.S. now claims that Russia has violated the terms of the Intermediate Range Nuclear Forces treaty.

In the meantime, the Federal Reserve continues to taper QE3 while ignoring the unprecedented equities bubble they have birthed in the stock market, as well as refusing to answer the question as to who will actually buy U.S. Treasury debt if they do not? Our secret friend from Belgium? And what if this secret friend is, as I suspect, actually the IMF/BIS global loan shark duo? What then? Do we become yet another third world African-style debtor owing our very infrastructure to a financial bureaucracy on the other side of the world?

And what about the Baltic Dry Index, one of the few measures of global shipping demand that cannot be manipulated by outside money interests? Well, the BDI is back down to historic lows,falling 65% since January, signaling that the so-called “economic recovery” is not at all what it is cracked up to be.

Add to this the deluge of illegal immigration on the southern border, aided by the Obama Administration, as well as possible presidential impeachment and lawsuit proceedings, and you have a recipe for total chaos of the fiscal variety.

If the first six to seven months of 2014 have been this frenetic, how bad will the next six months be?

False Paradigms

We are all aware of the prevalence of the false Left/Right paradigm in American politics. Hopefully most people in the Liberty Movement understand, for example, that any impeachment or lawsuit proceedings against Barack Obama will be nothing more than a crafted circus designed to accomplish nothing – a con game to placate conservatives with useless top-down solutions while the country burns around their ears.

There are other false paradigms that are not so clear to some, though…

The false Israel/Hamas paradigm has certainly duped a particular subsection of Americans and even a few patriots, even though it is historical fact that the creation of Hamas itself wasfunded and supported by the Israeli government. Why do Israeli politicians put money and arms at the disposal of Muslim extremist groups like Hamas and ISIS, only to enter into brutal conflict with them later? Could it be that the Israeli government does not have the best interests of the Israeli people at heart? Could it be that Israel is being used by internationalists as a catalyst for chaos? It is vital that we question the intentions behind such contrary actions in the Middle East.

Why has the U.S. government (Democrats and Republicans), Saudi Arabia, and Israel put support behind the ISIS caliphate in Iraq after spending decades of time, billions in resources, and thousands of lives, attempting to overrun and dominate the region? Why are these governments creating enemies that will later try to harm us?

It is all about false paradigms; dividing the masses into numerous conflicting sides and pitting them against each other when they should be fighting against the elites.

The false East/West paradigm is perhaps the most dangerous lie facing free men today. It is a lie that may very well define our generation if not our century. I have outlined in multiple articlesthe substantial evidence that proves beyond a doubt that Russia and China are members of the globalist agenda, and that the tensions between our two hemispheres are completely fabricated.

The latest announcement of a BRICS bank to rival the IMF is yet another scheme to perpetuate the illusion that the elites of these nations are at odds. In fact, the BRICS conference mission statement makes it clear that developing nations have no intention of breaking from the IMF (and certainly not the BIS). Instead, the BRICS bank is meant to provide “leverage” to “force” the IMF to become more inclusive, and hand over more power and participation. Vladimir Putin had this to say at the latest summit:

In the BRICS case we see a whole set of coinciding strategic interests. First of all, this is the common intention to reform the international monetary and financial system. In the present form it is unjust to the BRICS countries and to new economies in general. We should take a more active part in the IMF and the World Bank’s decision-making system. The international monetary system itself depends a lot on the US dollar, or, to be precise, on the monetary and financial policy of the US authorities. The BRICS countries want to change this.”

Brazilian President Dilma Rousseff insisted that the BRICS were not seeking to distance themselves from the Washington-based International Monetary Fund:

“On the contrary, we wish to democratize it and make it as representative as possible…”

Putin and the BRICS commonly rail against the “unipolar” financial system revolving around the U.S. dollar, but in the end they are only controlled opposition, and their solution is to place even more power into the hands of the IMF (a supposedly U.S. government controlled institution), creating a truly unipolar world order.  If the U.S. loses its IMF veto status this year due to lack of allocated funds, and the BRICS dump the dollar as world reserve, this may very well happen.

As sanctions between Russia and the U.S. snowball, a perfect rationalization for a dollar decoupling will be created that very few people would have believed possible only a few years ago.  It is only a matter of time before fiscal warfare escalates to destructive levels. Russia will inevitably cut off gas exports to the EU, and the BRICS will inevitably drop the U.S. dollar as a world reserve standard.

The U.S. relationship to the EU is also currently being presented as dubious, and this is not by accident. Failing relations between America and Germany are yet more theater for the masses to chew on. Western allies have been spying on each other for decades, but somehow the exposure of CIA activities in Germany is shocking news? The NY Fed suddenly attacks Deutsche Bank, seeking expanded monitoring and regulation? Germany’s business interests are highly damaged by U.S. sanctions against Russia? It would seem as though someone is trying to create an artificial divide between elements of the EU and the U.S.

I believe that the narrative is being prepared for a faked financial breakup between the U.S. and many of its former allies, isolating the U.S., and destroying the dollar, but to what end? To answer that question, we must ask WHO ultimately benefits from these actions?

The Rise Of The Hero Bankers

In June of last year, the Bank of International Settlements, the central bank of central banks whose history began with the financial support of the Third Reich, released a statementwarning that “easy money” from central banks was creating a dangerous bubble in stock markets around the world.

The IMF too has been pushing warnings of stock bubble collapse into the mainstream.

In June of this year, the BIS, a normally obscure and secretive organization, released another statement pronouncing that government had been led into a “false sense of security” by easy monetary policy and low interest rates, making the world economy perpetually unstable.

For an organization so covert and occult, the BIS sure has become rather candid lately. Frankly, I agree with everything they have said. However, I do not agree with the hypocrisy of the BIS, which dominates the decisions of all of its member banks, publicly criticizing policies which it most likely scripted itself. Why would the BIS suddenly denounce fiscal methods it used to promote? Because the BIS is setting itself up as the great prognosticator of a collapse that IT HELPED ENGINEER.

After the great financial war has subsided, and the people are suitably poverty stricken and desperate, it will be institutions like the BIS and IMF that swoop in to “save the day”. Their offer will be to consolidate economic control into the hands of an elite group of bankers “not affiliated” with any particular nation state, thereby insulating them from “political concerns”. The argument will be that national sovereignty is a bane on the back of humanity. They will claim that the catastrophe will continue until we “simplify” and streamline our economic and political systems. They will present themselves as the heroes of the age; the ones who predicted the crisis would occur, and the ones who had a solution ready to save the day (after sufficient death and destruction, of course).

As long as people remain obsessed with false paradigms and faux enemies, the establishment’s goal of complete centralized dominance will be predictably attainable. If we change our focus to the internationalists as the true danger instead of playing their game by their rules, then things will become far more interesting…

Source: Brandon Smith | Alt-Market

Next Page »

Bottom