Can you see the “Truth”?
“The truth will set you free. But first, it will piss you off.” – Gloria Steinem
Are you tired of floating around in that pink goop of the Matrix? Are you ready to slough off the illusion like it was an old hat? Has the White Rabbit been too fast for you so far? If you are reading this article, you are here to wake up. Here are five ways to slow that white rabbit down so you can catch up.
1) Money is a Hoax
“The Western worldview says, in essence, that technological progress is the highest value and that we were born to consume, to endlessly use and discard natural recourses, other species, gadgets, toys, and often, each other. The most highly prized freedom is the right to shop. It’s a world of commodities, not entities, and economic expansion is the primary measure of progress. Competition, taking, and hoarding are higher values than cooperation, sharing, and gifting. Profits are valued over people, money over meaning, entitlement over justice, “us” over “them.” This is the most dangerous addiction in the world, not only because of its impact on humanity but because it is rapidly undermining the natural systems that sustain the biosphere.” – Bill Plotkin
It is not the more evolved aspect of ourselves that tricks us into thinking that we need money to survive; it’s the less evolved aspect of ourselves that does the tricking. With our advanced technologies we imagine that we know the way the world works, when, for the most part, we have forgotten how everything is connected.
Until we can relearn “a language older than words,” and once again engage in a healthy dialogue with nature and the cosmos, we will continue to be tricked by the less evolved aspects of ourselves. The more awareness we bring to this extremely complicated cognitive dissonance, the more possible it will be to achieve an ecologically, economically, and socially sustainable world.
As it stands, however, the Federal Reserve is a house of cards guarded by a red herring. Money is the opiate of the masses, and the masses are too busy spending it on worthless crap to get to know each other as healthy individuals, let alone as a healthy community. We have become Pavlov Dogs, and money is our dinner bell. But money was never meant to be horded, or even amassed, it was meant to circulate as a way of uplifting the community. And yet here we are, hoarding and amassing, while our communities are in unhealthy disarray. It’s high time we abandoned the force-fed shibboleth that having more money makes us better people. It doesn’t. Being healthy, compassionate and moral is what makes us better people.
2) Debt is Fiction
“There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” – John Adams
Unfortunately our nation has been enslaved by debt. Our current system is not an economic system at all, but an ecocidal system; an intrinsic obsolescence of conspicuous consumption. It’s a grave misfortune that efficiency, sustainability, and preservation are the enemies of our socioeconomic system. This has got to be the most bizarre delusion in the history of human thought, a retarded Ponzi scheme en masse.
But it’s difficult to get people to understand something when money, and especially debt, prevents them from understanding it. Instead of ownership, give us strategic access. Instead of equity, give us equality. Instead of one-track-minded profit, give us open-minded people. Instead of unsustainable monetary-based economics, give us a sustainable resource-based economy, which is basically the scientific method applied to ecological and social concerns.
As tough as it is to hear, nature is a dictatorship. We can either listen to it and fall into harmony or deny it and suffer. Ask yourself this question by Fleet & Lasn: “When the economic system fails, will we know how to behave, how to act, how to appreciate, how to value, how to survive, how to be and how to love in a world that no longer defines relations by money?”
Defenestrate your TV set!
3) Media is Manipulation
“Any dictator would admire the uniformity and obedience of the U.S. media.” – Noam Chomsky
Media has always been an effective method for manipulating people. We are social creatures who are also psychological creatures. This combination makes us unwittingly vulnerable to the power of suggestion. As it stands, media has been our Achilles Heel. These days the “news” we receive from corporate media is more likely to be disinformation. Skepticism is a must when reading or viewing the information provided by these outlets.
The key: Don’t believe anything you hear and only half of what you see. Analyze the Kool Aide before you swallow it. Even then, be prepared to vomit it back up at the first sign of deception. Remain circumspect and question all authority. They don’t have our best interest at heart. They only want our money, and to remain powerful. Like Wendell Berry wrote in the Unsettling of America, “People whose governing habit is the relinquishment of power, competence, and responsibility, make excellent spenders. They are the ideal consumers. By inducing in them little panics of boredom, powerlessness, sexual failure, mortality, paranoia, they can be made to buy virtually anything that is “attractively packaged.””
We are slowly becoming more aware of corporate media lying to us. But they know we know they’re lying to us. And we know they know we know they’re lying to us. With enough inertia, this debacle of a process just continues until we are eventually lying to ourselves. And here we are. Like the great Baruch Spinoza once surmised, “The supreme mystery of despotism, its prop and stay, is to keep men in a state of deception, and cloak the fear by which they must be held in check, so that they will fight for their servitude as if for salvation.” And here we are, unless we decide to wake up.
For it is seeking you.
4) Government is a Corporation
“The end of democracy and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations.” – Thomas Jefferson
Here’s the thing: we do not live in a democracy, and we probably never really have. A prestigious Princeton study recently concluded that we live in an oligarchy: rule by a few individuals. And these individuals just so happen to be plutocrats, making this particular flavor of oligarchy a plutocracy: rule by the rich.
The problem is that money itself has become an immoral agent within an otherwise amoral system that praises itself as moral. Ask yourself: do you wish to live out harried lives of nine-to-five slavery, giving up your days to heartless corporations that don’t give a damn about anything except making money, or do you wish to live a happy life of loving compassion, doing what you enjoy, in spite of plutocracy, oligarchy, and tyranny?
The Occupy Movement succeeded in shifting the tenor and shape of debate in the world, but we must not rest on our laurels. Trickle-down economics DOES NOT WORK! Austerity economics DOES NOT WORK! Corporations are NOT people. Money does NOT equal speech. It’s a trap. If we don’t get big money out of politics then everything we want to do will be hopeless. We need to be smarter with our mobilization tactics for the change and allocation of power within our society. So far the security and surveillance state has boxed us in, like the great MLK Jr. said, “Those who love peace must learn to organize as effectively as those who love war.”
About the Author
Gary ‘Z’ McGee, a former Navy Intelligence Specialist turned philosopher, is the author of Birthday Suit of God and The Looking Glass Man. His works are inspired by the great philosophers of the ages and his wide awake view of the modern world.
**This article was originally posted at Fractal Enlightenment.**
Source: Waking Times
Thanatos hangs over America, a death-wish based on the inner rotting of conscience predicated on the constant need for supremacy in the world as a test, indeed validation, of the nation’s moral virtue, to be achieved through military power—a greatness no longer assumed and, because of inner decay setting in, cause for fatalistic entropic reaction. Circa 1950: Better dead than red. Circa 2014: Better dead than descend from the pinnacle of global hegemony—and why not bring everyone else with us? Paul Craig Roberts’s article in CounterPunch, Are You Ready For Nuclear War?, (June 3), may perhaps seem unduly alarmist to the uninitiated, but even without Obama-Team national security advisers thoroughly capable of and attuned to such planning, there are indications inhering in Obama’s studied moves aimed toward direct confrontation with Russia and China that carry intentionally the eventuality of a nuclear showdown.
Both on the Pacific Rim and European trips, closely integrated in time and purpose, Obama sounds like—and is scripted to be—the Avenger against a doubting world, not sufficiently appreciative of America the Land of Freedom (subtext throughout, of course, capitalism the sole legitimate world system replicating America’s own political-economic structure and ideological values). Comparing his statements wherever he appeared on those journeys of confidence-building, all to the end of confrontation with China and Russia, respectively, yet tacitly as though enemies-joined-at-the-hip, he sounded like nothing so much as a broken 78 rpm recording, stand shoulder to shoulder, stand shoulder to shoulder, stand shoulder… ad infinitum. Poland, South Korea, Latvia and Lithuania, Philippines—the more the merrier, coupled with checks (the monetary kind) for military hardware, promises of American protection, assurances, backed by military bases, training programs, joint exercises, membership in the extant alliance system (an attack on one is an attack on all), the foregoing packaged with the ascription of Russia and China as expansion-minded and out to do harm to its neighbors (i.e., our “friends and allies”). Chuck Hagel, interviewed on BBC, invoked Article 5 of the NATO treaty, the one for all, all for one provision, stating that “Russia was a threat” to Europe (June 5). Nothing could be clearer.
And then we have Obama in Brussels, same day, demanding of Putin, in a time frame “over the next two, three, four weeks,” complete disengagement—in Peter Baker’s words, from his New York Times article, “With Group of 7 Backing, Obama Gives Russia One-Month Ukraine Deadline, “ (June 5)—from Ukraine, that is, “to reverse its intervention…and help quash a pro-Russian separatist uprising or else…it would face international sanctions far more severe than anything it had endured so far.” Beyond a time frame, actually an ultimatum, Obama stated that “if Russia’s provocations continue, it’s clear from our discussions here that the G-7 nations are ready to impose additional costs on Russia.” No compliance after the time period (“and if he remains on the current course”), watch out Putin, for “we’ve already indicated what kinds of actions that we’re prepared to take.”
G-7 on banners, rostrums, a deliberate flaunting of exclusion, along with D-Day Observance plans to prevent an Obama-Putin head-to-head, calculated further to enhance antagonism, this choreographed trip is a prelude to bolder demands directed to the EU itself to speak with one voice, that of America’s, in viewing Russia as an enemy bent on invasion of the West. Rather than hysteria, the mood favors an incremental rise in tensions, at each step, the concretization of war readiness, naval forces in the Black Sea, a larger US troop presence in Poland, the steady movement eastward to the Russian border of NATO troops, anti-ballistic missile installations ringing Russia, a hostile environment, to say the least, for a peaceful accommodation, one the US and the EU, by their actions, appears not to want.
I am tempted to explain these developments as the psychopathology of capitalism as a system, thanatos the upshot of the desensitization of human feeling when the commodity structure defines the individual as alienated from social relations of equality and justice, in favor of a pervasive solipsism, driven by fear, introjecting the values of ruling groups as compensation for empty lives, turning on one another to rise in the social hierarchy, in the last analysis, killing without compunction, as in Obama’s signature, drone assassination vaporizing a fellow human being so that no reminder of his/her existence remains. But such an explanation is too simple by half; policy trumps psychology, or rather invites a particular mental-set in order to reach fruition. Thanatos is consequence, not cause. Policy is about market penetration, market fundamentalism, market hegemony, to which must be appended the full-scale militarization of political economy, value system, how order is maintained and reinforced.
Mass surveillance in America is less if at all about counterterrorism than about the artificial props which are necessary to keep society from disintegrating in the face of animalistic greed (apologies to animals for the reference), ethnocentric and racial assumptions, the uneven structure of wealth, an underlying repression insinuated into the fabric of status, power, and wealth for purposes of the stabilization of privilege and recognition. America enjoyed world prestige for so long that a decline of any sort is catastrophic. My way or the highway works only so long; as this realization sinks in, America becomes more dangerous. These provocative moves to mount a massive counterrevolution are failing, whether Putin or Xi or both, the counterweight is fast forming its leadership coming from the people themselves with Russia and China the historical vanguard for creating a world system where no single power is able to dominate and unilaterally shape the destinies of humankind.
My New York Times Comment on the Baker article, same date, follows:
I am delighted by Obama’s rhetoric emanating out of Warsaw and Brussels. It confirms my sense of him as global WARMONGER No. 1. His threats, boasts, needling are an accurate reflection of his and the US’s character. We hear rumors now of a veritable cottage industry in Washington of policy wonks working out nuclear first-strike paradigms against Russia and China. Fitting, because the impulse for destruction is present. Obama is far more dangerous with or without preemptive war than any POTUS perhaps ever.
Does saying that make me a red-pinko-commie? No. Until America puts its own house in order, which may well be never again, criticism is justified without necessarily praising those declared to be adversaries and worse.
How square peace with massive domestic surveillance? with the largest military budget in the world? with the use of counterterrorism to violate civil liberties at home, mount unjustified aggression abroad?
Times readers may scream (one yesterday said of my post on Warsaw, Go back to Russia–I’ll donate to your travel)! That’s perfect, the ratcheting up of Reaction, frighteningly similar to McCarthyism–even more pervasive–that I remember in my youth.
As for a Putin-Poroshenko meeting, it will come about soon. As for Obama’s threat of sectoral sanctions, this will backfire, as Germany and France will not go along. It is fitting Obama has Cameron as his new pal–two peas in a pod. Others however will resent the crass bullying. We deserve Obama.
Norman Pollack has written on Populism. His interests are social theory and the structural analysis of capitalism and fascism. He can be reached at email@example.com.
On Thursday, European Central Bank chief Mario Draghi dropped rates on overnight deposits to minus 0.1% thereby charging commercial banks to keep their money at the ECB. The move, which was applauded by the media as a “historic measure to fight deflation”, is nothing of the kind. Negative rates have been used in both Sweden and Denmark in recent years, but to little effect. The policy will not “get the banks lending again” as the ECB suggests, nor will it ease the high unemployment and slow growth that have plagued the Eurozone for the last six years. In truth, the rate change will have no impact at all. It’s merely public relations stunt designed to create the impression that the ECB is aggressively addressing the crisis for which it is largely responsible. Here’s how the World Socialist Web Site summed it up:
“The move is an expression of the fact that, nearly six years since the collapse of Lehman Brothers, the world economy remains mired in deep crisis, for which the world’s central banks have no solution outside of pumping trillions into banks and financial firms. While trillions are handed out to the banks, workers throughout the continent are told that there is “no money” to pay for pensions, social programs, and healthcare benefits.” (European Central Bank cuts interest rate below zero, WSWS)
Stock traders loved the news that the ECB was going “sub zero”. As we’ve seen before, any indication that the easy money regime is here-to-stay is enough to send equities skyrocketing, which it did. All the main indices notched substantial gains on the day while the SandP 500 surged to a new record of 1,940.
The idea that charging the banks a small fee on overnight deposits will induce them to lend more freely, demonstrates a laughable misunderstanding of how the system really works. Banks don’t need piles of reserves to issue loans. What they need is creditworthy customers and strong demand. But, of course, demand is weak because the ECB has taken steps to keep the EU in a permanent state of Depression through its austerity policies. What this shows, is that the objectives of the class war precede the requirements for a healthy economy. Draghi and his cohorts would rather decimate the welfare state and reduce EU working people to abject poverty, then implement the policies that would generate a strong economic recovery.
But won’t the lower rates lead to more lending, you ask? After all, when the price of money falls, borrowing becomes more attractive, right?
It’s a persuasive theory, but it doesn’t work that way. For example, check out this blurb from Reuters and you’ll see what I mean:
“Lending to companies in the euro zone contracted at the fastest pace on record in November, piling pressure on the European Central Bank to do more to revive the currency bloc’s economy…
“Worryingly, there is still no sign of any trend change in bank lending to euro zone businesses…” said Howard Archer, chief European economist at IHS Economics…
Corporate borrowing in the euro zone overall declined at the fastest pace on record, November’s 3.9 percent drop comparing with a 3.8 percent decline on the year in the previous month.
Bank lending to Italian firms fell at an annual pace of 5.9 percent in November, the sharpest decline in the measure’s 10-year history. That was also true for the euro zone’s smallest economy, Malta, which recorded a 10.4 percent drop….The biggest decline was in Spain, where lending to companies fell 13.5 percent.” (Euro zone corporate lending shrinks at record pace in November, Reuters)
The reason bank lending saw “the sharpest decline in the measure’s 10-year history”, is because the economy is in a depression, and people don’t borrow tons of dough in a depression. They cut back, hunker down and squirrel-away whatever they can. Draghi knows this. He’s just going through the motions to make it look like he cares. It’s all PR. What he really cares about is his constituents, and what they want, is an end of the welfare state.
What’s so irritating about all of this, is that we know how fix the economy. We know how to increase activity. We know how to boost demand, create jobs, and raise GDP. None of this is new.
When the private sector (consumers and businesses) can’t spend for some reason, then the government has to step up and spend like crazy to keep the economy going. The only alternative is to allow consumption to fall sharply, which will push up unemployment, push down GDP and do vast damage to both the economy and financial system. Why would anyone want to do that, especially when all they have to do is increase the budget deficits temporarily while consumers patch their balance sheets and get back on their feet again?
Monetary policy has not and will not fix the economy. How many years are we going to repeat the same mistake before we acknowledge that? The whole presumption that this pointless, circle-jerk policy is designed to do anything other than provide another bailout for underwater, insolvent financial institutions and the crooked bank bondholders who own the whole friggin’ planet is laughable in the extreme. Check this out from Bloomberg:
“In a bid to get credit flowing to parts of the economy that need it, the ECB also opened a 400-billion-euro ($542 billion) liquidity channel tied to bank lending and officials will start work on an asset-purchase plan. While conceding that rates are at the lower bound “for all practical purposes,” he signaled the the ECB is willing to act again.” (Bloomberg)
So that’s what this is really all about, eh? Draghi is just laying the groundwork for a European version of QE?
Yep. Sure is. And that means another $542 billion will go to the chiseler class. Another $542 billion propping up crooked banks by purchasing their unwanted, toxic Asset-Backed Securities. (ABS) Do you think I’m kidding? I’m not. That’s what the money is earmarked for.
The point is, monetary policy alone will not produce a strong, self sustaining recovery, which is a point that Keynes makes in Chapter 12 of “The General Theory of Employment, Interest and Money”. Here’s what he says:
“For my own part I am now somewhat skeptical of the success of a merely monetary policy directed towards influencing the rate of interest. I expect to see the State, which is in a position to calculate the marginal efficiency of capital-goods on long views and on the basis of the general social advantage, taking an ever greater responsibility for directly organizing investment; since it seems likely that the fluctuations in the market estimation of the marginal efficiency of different types of capital, calculated on the principles I have described above, will be too great to be offset by any practicable changes in the rate of interest.” (John Maynard Keynes, “The General Theory of Employment, Interest and Money”, marxists.org, 2002)
Keynes is just stating the obvious, that during periods of weak demand, the sensible option is for the government to take up the slack by “directly organizing investment”, in other words, spending money to keep the economy running. Doesn’t that seem infinitely more reasonable than the Draghi approach which involves a decade of experimental monetary policy that ends in social upheaval, high unemployment, and political unrest?
And here’s the thing: Keynes “The General Theory” was published in 1936. That’s nearly 80 years ago! This isn’t some new-fangled theory concocted by pointy-head crackpots like Bernanke. This is settled science. Fiscal stimulus works. If the government spends, unemployment will drop. If the government spends, the economy will grow. What else do you need to know?
We’ve been hoeing this same row for 6 years now and the economy is still in the dumps. And, in the EU, it’s even worse. Youth unemployment is above 50 percent in Spain and Greece, GDP stuck at a miserable 0.2 percent, business and consumer lending still shrinking, bond yields on sovereign debt are in the toilet, civil disorder and fascism are on the rise, and with the entire 17-member union is rushing headlong into deflation.
And Draghi thinks that negative rates are going to fix all this and put the economy back on the road to recovery?
In your dreams! The only way out of a mess like this is to spend like a madman, which is what Keynes recommended in his famous statement about bottles stuffed with banknotes. Here’s what he said:
“If the Treasury were to fill old bottles with banknotes, bury them at suitable depths in disused coalmines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again… there need be no more unemployment and, with the help of the repercussions, the real income of the community, and its capital wealth also, would probably become a good deal greater than it actually is. It would, indeed, be more sensible to build houses and the like; but if there are political and practical difficulties in the way of this, the above would be better than nothing.” (p. 129)
Okay, so it sounds crazy, but it’s really no different than Bernanke’s “helicopter drop” theory, that is, that –during a severe downturn–the government needs to find a way to stimulate demand. The best way to do that, is to avoid the normal transmission mechanisms (which don’t function properly during a slump) and get money directly into the hands of the people who will spend it quickly and get the economy growing again. It’s all about spending, spending, spending. It doesn’t matter if people buy Ipads or Ant Farms. Just spend, dammit. Spending is activity, activity is growth, growth reduces unemployment, which leads to more investment, more jobs and a virtuous circle.
If it seems to you, dear reader, that Keynes antidote for the ailing economy is more likely to succeed than Draghi’s, then you are certainly right. Massive doses of fiscal stimulus WILL revive the EU economy, lower unemployment, and boost growth. The question is whether that’s a goal the public should really support or not? In other words, is there any point in trying to restore a system which, at its very core, is unstable, self destructive and exploitative? Here’s how Counterpunch economics writer Rob Urie sums it up:
“John Maynard Keynes created a host of economic patch-jobs to save capitalism from more effective solutions. In the pit of the Great Depression FDR implemented programs based on Mr. Keynes’ ideas (which) produced minor relief now deemed by the economic insightful-lite to be a ‘robust’ economic recovery….. But the cause, leveraged (finance) capitalism gone wild, was only temporarily tamped down by regulation while its intrinsic instability was left intact…
Calls for re-regulation, managed capitalism, beg the question: re-regulate what? As demonstrated by history, the system of finance capitalism is intrinsically unstable and economically destabilizing. Under the guise of reviving a functioning financial system a dysfunctional system has been revivified, not revived, and nearly all benefits continue to accrue to a tiny economic elite.” (Financial Crises and Economic Depressions, Rob Urie, CounterPunch)
So, yeah, Keynes’ remedies will work. They’ll definitely get the economy up-and-running again and keep it sputtering-along until the next crisis. But why bother?
Why not just scrap the whole thing and move on to Plan B.
After two mystical encounters with the evil spirit Zarathustra, the dark prophet Nietzsche announced the “death of the Christian God.” Dubbing himself the Antichrist, Nietzsche proclaimed:
“The greatest recent event — that ‘God is dead,’ that the belief in the Christian God has ceased to be believable — is even now beginning to cast its first shadows over Europe; however, few really understood ” what has really happened here, “and what must collapse now that this belief has been undermined — all that was built upon it, leaned on it, grew into it; for example, our whole European morality.” (False Dawn, Lee Penn, p. 433)
From the beginning of Christ’s earthly ministry, there were those who received Him but many more, like Nietzsche, who would not, and so it will be until the end. The former are those who admit and humbly confess their sinful condition while the latter, being full of stubborn pride, covetousness, and envy will not.
Not even the mighty miracle of creation ex nihilo as described in John’s Gospel and Christ’s own bodily resurrection (Luke 16:31) can persuade those who choose not to believe.
This willful unbelief in Christ had been prophesied long before. In support of this John cites Isaiah 53:1-3,
“He was despised and rejected by mankind, a man of suffering, and familiar with pain. Like one from whom people hide their faces he was despised, and we held him in low esteem.”
In order to be received, one must be acceptable. Christ is rejected by proud, rebellious, sinless men along with His offer of salvation because He is not acceptable to them. Thus their final word to Him is the cross.
At the root of the rejection of Jesus Christ God incarnate is the rebellious assertion that man has not been created by Him. He is a free spirit neither dependent upon Him for his life nor created in His spiritual image but rather a conscious product of evolution. He is a man-god who can choose either to murder God or to invent sock-puppet deities to do his bidding, for he is the master of science, evolution, matter, energy, time, and being who through his own knowledge and powers will save himself, or so he foolishly believes. In reality, an inner blinding prevents him from ‘seeing’ that his liberty does not lead to greater freedom but to slavery because willful rejection of his Creator means he becomes Satan’s infernal tool.
“I am become a monstrous machine of annihilation…” Ritual of Destruction, the Satanic Bible, Anton LeVey
The ritual ‘murder’ of the Christian God led to the collapse of far more than just European morality. Consider the following:
In Christian thought, a person is a spirit and personality is the total individuality of the spirit. Without spirit there is no person. The term ‘person’ originated in Christian theologies developmental struggle to comprehend the nature and experience of the Christian God, the transcendent, personal Triune God:
“The derivative concept of human personhood is a gift of the Christian faith to culture…” (Stephen P. Stratton, Chapter 14, p. 247, The Self, Paul Vitz & Susan M. Felch, Editors)
Whether the Founders were individually Christian or not, there was among them a strong Christian consensus that finds some of its greatest spiritual and moral expression in the scholarly works of Samuel Rutherford in “Lex Rex” (1644) and in the writings of the 18th century jurist William Blackstone.
Rutherford reasoned that since all people are sinners, then no sinner—whether President, Att. General, Senator, ‘gay,’ pastor, cop, jurist, perverse sex-educator, abortionist, evolutionary biologist, or Supreme Court Justice for example—is superior to any other sinner. No sinner is above the law but rather subject to the law without exception. All must recognize that they are sinners under the unchanging transcendent Law of God.
Blackstone greatly influenced early American understanding of the Christian God, the Bible, Law and nature. He taught that since the eternally unchanging Triune God is the omnipotent Creator who works and governs the affairs of men then all law should be consistent with His Revelation in the Bible. No law should be passed that is contrary to the higher law of God.
Furthermore, as all men are created spiritual equals in the eyes of God, then life, property, worth, dignity and other unalienable rights are conferred upon each human person at conception. For example, the unalienable right to life is because all people are God’s spiritual image bearers while freedom of religion and speech are the temporal property of a person’s God-given spiritual property of conscience and reason.
In “Property,” published in The National Gazette on March 29, 1792, James Madison outlines the meaning of a person’s God-given spiritual property, some of its’ temporal rights and the meaning and intent of just government as opposed to unjust government:
“He has a property….in his religious opinions, and in the profession and practice dictated by them.” “He has a property…in his opinions and the free communication of them.” “He has an equal property in the free use of his faculties and free choice of the objects on which to employ them.” “He has property very dear to him in the safety and liberty of his person.” (The Heritage Foundation)
“….a man’s land, or merchandize, or money (and) as a man is said to have a right to his property, he may be equally said to have a property in his rights. Where an excess of power prevails, property of no sort is duly respected. No man is safe in his opinions, his person, his faculties or his possessions.”
Just government is instituted to protect property of every sort:
“This being the end of government, that alone is a just government, which impartially secures to every man, whatever is his own.” (Samuel Rutherford, lexrex.com)
The Constitution therefore, recognizes the divine nature of man’s creation, that man is a person endowed by his personal Creator with spiritual property, a divine right to life and liberty, and the means of acquiring and possessing property. Hence our Republic recognizes Law is unchangeable because the Creator (John 1:1) is the unchanging Lawgiver Who is the same today as yesterday and for all eternity:
“It is sufficiently obvious, that persons and property are the two great subjects on which Governments are to act; and that the rights of persons, and the rights of property, are the objects, for the protection of which Government was instituted. These rights cannot well be separated.” (James Madison, Speech at the Virginia Convention, December 2, 1829)
Vishal Mangalwadi, India’s foremost Christian scholar affirms that the Christian gift of personhood gave birth to the “belief in the unique dignity of human beings,” and this is,
“…the force that created Western civilization, where citizens do not exist for the state but the state exists for the individuals. Even kings, presidents, prime ministers, and army generals cannot be allowed to trample upon an individual and his or her rights.” (Truth and Transformation: A Manifesto for Ailing Nations, pp. 12-13)
Death of the Christian God: Catastrophic Consequences
“And this is the condemnation, that light is come into the world, and men loved darkness rather than light, because their deeds were evil.” John 3:19
Once the citadel of the Light that came into the world, modern Western Europe and America are roiling seas of darkness punctuated here and there by shrinking islands of light because evil-minded men love darkness rather than Light. Thus the perversely twisted, upside-down, lawless atmosphere of our age is the “death of the Christian God” made tangible.
When people fall away from the knowledge of God and transgress against His commandments, these actions effectively turn them back to their natural state. This means that in forsaking God, the fount of living waters, they have become cracked cisterns that hold no water. (Jer. 2:13) In other words, the death of the Christian God logically means the death of spirit (person), hence also spiritual and temporal property, and by extension the collapse of Western civilization and America’s Constitutional Republic— “if the foundations be destroyed, what can the righteous do?” Psalm 11:3
The methodology of the ‘murder’ of Christ the Creator (John 1:1) requires that the miracle of six day creation (Genesis account) together with Adam and Eve and their fall be de-historicized and reduced to myth and fable (annihilated), a project already underway by the time of Descartes and fulfilled with infernal ‘higher criticism.’
In her book “Total Truth,” Nancy Pearcy, a senior fellow at the Discovery Institute, writes that one of the great ironies of history is that the enduring impact of Descartes philosophy has been precisely the opposite of what he had intended. Descartes had intended the defense of the human soul/spirit over and against the dehumanizing mechanistic and materialistic conception of the universe. Instead, soul/spirit was reduced to a shadowy substance totally irrelevant to the material realm known by natural science. The immortal soul/spirit became a kind of ghost only tenuously connected to the physical body.
After the success of Newtonian physics natural science began to take on the trappings of religion. Epistemologically, science began to be viewed as the way to true understanding, and by extension, true progress. Nature itself took on the guise of an impersonal, mystical entity described as a cosmic machine governed by deterministic energies working through natural laws as strictly as the gears of a clock. Though soul/ spirit are crucial for reason, conscience, morality, belief, faith, prayer, theorizing, science, math and religion, there was no room for them in the cosmic machine.
The mechanistic conception gave rise to evil ‘isms’–rationalism, positivism, skepticism, relativism, and scientific materialism (atheism), which granted the sovereign reason of sinful man and naturalistic science an epistemological monopoly on so-called “real” knowledge, facts and truth while trivializing everything else to faith, personal belief and social constructs. The devilish consequences of this have been horrendous, for whereas the creation of universal moral law was traditionally the function of the Triune God, now this function is arrogated to the individual human will, making the “reason” of sinners into God and science into a dictatorship of the knowable.
“…men loved darkness rather than light, because their deeds were evil.” John 3:19
With “reason” sitting on the throne of the Christian God, heaven was shut-down and the physical world of the senses elevated to the supreme reality. The six day Genesis account was de-historicized and replaced with imaginative evolutionary cosmologies claiming vast ages of time. As supernatural Christian theism declined, immutable truth, moral law and sin disappeared under the onslaught of evil “isms” and apostate Protestant Liberalism (pantheism) in tandem with reductionist evolutionary biology, which became the most prestigious way to study the depersonalized human organism. With knowledge limited to the sensory realm, Jesus Christ the Word Incarnate was “murdered,” meaning reduced by evil men to an immanent mystical evolutionary force (Christ consciousness) while man’s soul/spirit was lost in an endless cycle of reductionism and determinism. Man, the person created in the spiritual likeness of the One God in three Persons would be lost. In his place would stand the subhuman hominid, a conscious product of evolution, the god of forces.
Today, the ‘god’ evolution has so thoroughly replaced the living Word (John 1:1) and Special Creation in the consciousness of vast numbers of scientifically endarkened men and women within and without the whole body of the Christian Church that one of the leading evolution-worshippers of our day, Professor S.J. Gould, describes scientism and evolution as the story of mankind that tells us,
“….where we came from, how we got here, and perhaps where we are going. Quite simply, it is science’s version of Roots, except it is the story of us all.” (The Religious Nature of Evolution Theory and its Attack on Christianity, John G. Leslie and Charles K. Pallaghy, Ph.D, creation.com)
In glowing affirmation, Theodosius Dobzhansky (1900-1975) , a prominent evolutionary biologist and progressive creationist sees the ‘god’ evolution as a light that illuminates all facts, a trajectory which all lines of thought must follow, for if man,
“…has arrived at his present state as a result of natural processes rather than a supernatural will, he can learn to control these processes…The concept of evolution, which is now basic to the life sciences, has provided new and in some ways revolutionary answers to questions men have been asking for centuries. The two most important of these are, ‘Why am I here, what is the purpose of human existence, and what is the nature of the world of life that surrounds us?” (Dobzhansky, T., Ayala, F.J., Stebbins, G.L. and Valentine, J.W., Evolution, W.H. Freeman and Co., San Francisco, 1977)
Triumph of Scientism and the ‘god’ Evolution
At its founding and for about 150 years after America was the world’s beacon of freedom and hope because it was founded on the true Light of unchanging truths such as,
“all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed. . .”
Now however, an endarkened generation of law makers, politicians, entertainers, professors, seminarians and high school graduates no longer believe that anyone knows ‘the’ truth or even if whether males are meant to be males or females too. For them, anyone who claims to know the truth is a bigoted fundamentalist because they know there was never a fall from God’s good creation but rather an evolutionary ascent moving from primordial matter to creeping things, crawling things, knuckle-dragging things to man. They know with certainty that human beings were never created but evolved. And as the ‘god’ evolution endows nothing—not soul/spirit, personhood, unalienable rights and the freedom to exercise them—then our Constitution is as meaningless as Xmas and Special Creation.
The real source of this evil and madness is a godless left-right confederacy of nihilists described by Professor Angelo Codevilla as America’s Ruling Class. In “The Ruling Class: How They Corrupted America and What We Can Do About It,” Codevilla, emeritus professor of international relations at Boston University, argues that America’s real war is between Americans who still worship the supernatural Triune God and a class of evolutionary humanists who dominate both political parties, academe, Hollywood, science and media. They preach from pulpits, run big business, our economy and the country’s major institutions and imagine themselves entitled to reshape an America that they regard as composed of un-evolved subhuman hominids.
The Ruling Class affirm that scientism and evolution trump the Revelation of God, and as they are the evolved products of the ‘god’ evolution they are science’s authoritative enlightened priests and god-men who pray to themselves,
“… as saviors of the planet and as shapers of mankind in their own image..” (The Ruling Class: How They Corrupted America and What We Can Do About It, p. xix)
After more than eighty years of nearly unopposed evolutionary evangelization in the schools, media, seminaries, academia and elsewhere the Ruling Class is finally at liberty to declare that evolution is “mind,”
“….enlarging its domain up the chain of species.” The god evolution is the “universe…a mind that oversees, orchestrates, and gives order and structure to all things.” (Algeny, Jeremy Rifkin, 1983, p. 188)
Now that scientism and evolution reign supreme, Satan’s infernal machines, such as the demonized Rifkin, no longer feel like guests,
”….. in someone else’s home and therefore obliged to make our behavior conform with a set of pre-existing cosmic rules. It is our creation now. We make the rules. We establish the parameters of reality. We create the world, and because we do, we no longer feel beholden to outside forces. We no longer have to justify our behavior, for we are now the architects of the universe. We are responsible to nothing outside ourselves for we are the kingdom, the power, and the glory forever and ever.” (ibid)
According to Robert Muller, the father of World Core Curriculum, now that evolution is “mind” highly evolved men are free to spiritually evolve into higher and higher forms, to become one with the ‘divine:’
“Once again, but this time on a universal scale, humankind is seeking no less than its reunion with the ‘divine,’ its transcendence into ever higher forms of life. Hindus call our earth Brahma, or God, for they rightly see no difference between our earth and the divine. This ancient simple truth is slowly dawning again upon humanity. Its full flowering will be the real, great new story of humanity as we are about to enter our cosmic age…” (New Genesis: Shaping a Global Spirituality, Robert Muller, father of Core Curriculum, 1984, p. 84)
“…..the whole world lies under the sway of the wicked one.” 1 John 5:19 “Therefore take heed that the light which is in you is not darkness.” Luke 11:35
From the post-flood world of ancient Babylon to our own, the majority of the world’s people have lived under the tyranny of powers, principalities and various determinisms—karma, reincarnation, evolution, fates, furies, chance, cause, doom, natural selection, and genes. They believed that all events in the real world were predestined and controlled by unseen forces of the cosmos that the apostle Paul described as the elemental spirits of the universe.
When Jesus Christ God incarnate demonstrated His absolute control over the elements (Luke 8:24) the tyranny of determinism was cast down and utterly broken. In the fourth century Gregory of Nazianzen suggested that at the very moment when the Magi came to worship the child of Mary and Joseph, it was then that the tyranny of determinism was broken:
“From that moment onward, the cosmos has orbited around the newborn king…Christ is the logos—the word and the reason by whom all exists and to whom all is ordered.” (American Babylon, Neuhaus, p. 226)
Determinism crept into the West when evil spirits entered into the heart of Christendom during the Renaissance. They came quietly, first to certain theologians who rejected Jesus Christ in favor of Hermetic magic, Babylonian Kabala, Eastern mysticism, reincarnation, evolution, karma and other occult traditions and determinisms, and then openly with the brazen claim that laws of matter and evolution ultimately govern the world and man.
With penetrating insight, Father Richard John Neuhaus connects modern evolutionary scientism to its’ ancient spiritual foundations in astrology. In his book, “American Babylon,” Neuhaus argues that astrological elemental spirits have been recast as,
“…evolutionary dynamics, life forces, or laws of nature.” Though described as laws rather than spirits, these elemental “forces”…. work their inexorable ways in cold indifference to reason, to will, to love, and to hope. In short, it is suggested that the elemental spirits are in charge and that human freedom is a delusion.“(p. 226)
“Beware lest any man spoil you through philosophy and vain deceit, after the tradition of men, after the rudiments of the world, and not after Christ.” Colossians 2:8
According to Pastor Larry DeBruyn, the word “rudiments” (Greek, stoicheion) relates to the universe of matter and energy and is variously,
“…. translated “elemental powers” (NAB), “elementary principles” (NASB), “basic principles” (NIV, NKJV), “evil powers” (NLT), and “elemental spirits” (ESV, NRSV). Translations indicate that stoicheion’s meaning diverges between “principles” and “powers,” between the “physical elements” constitutive of the cosmos or universe, or the “spiritual powers” that inhabit it. In 2 Peter 3:10, the first sense—that is, the “elements” which “shall melt with fervent heat”—is evident, while in Galatians 4:3 and 9, the other sense—that is, “world forces” which once “held in bondage” the Galatian believers—is evident.” (The Supreme Supremacy of the Lord Jesus Christ,guardinghisflock.com)
The Worldview of Evil Spirits
“….we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.” Eph. 6:12
During the 1970s Satanism and possession became front page news in America. It was during this time that the eminent theologian Malachi Martin, a former Jesuit professor at the Pontifical Biblical Institute in Rome published his shattering book on demon oppression and possession.
Martin’s “Hostage to the Devil: the Possession and Exorcism of Five Contemporary Americans,” presents five cases of actual possession that express important aspects of the worldview of evil spirits which allow us to not only identify these elements but discern their devastating effects within the whole body of the Christian church, the minds of millions of Americans and by extension, our nation.
The worldview of evil powers always takes the form of nature worship, or celebration of created things such as matter and energy as opposed to worship of the living, personal Creator Who created everything. Thus in support of the idea that living beings created themselves it is virulently anti-supernatural and Genesis account creation ex nihilo in favor of one dimensional naturalism and evolutionary cosmologies.
In one case, an evil spirit’s evolutionary cosmology teaching the self-created “universe of matter” and human life was disclosed wherein,
“…men, women, animals, plants, cities, oceans (are) interconnected. There is really no difference between one thing and anything else….land, ocean, animals, humans, plants are one living organism clad in the shell of breathable atmosphere. Psychic forces bind it all together….It is a self-creating, self-protecting, self-developing thing…..Earth as mother, as womb, as god, as tomb, as a whole unity protected by its own shell and its own strength (is) all there is.” (p. 395)
From the Big Bang (exploding cosmic egg) which supposedly created matter and energy in the demon’s description of the universe as “self-creating” to inflationary in the description of the universe as a “self-developing thing” to Gaia as “Earth as self-protecting mother” the possessing demon’s evolutionary cosmology is very similar to occult New Age spirituality.
Another important case involved David, a Catholic priest who became obsessed with the evolutionary scientism of Pierre Teilhard de Chardin. Teilhard’s destructive influence is widespread today within transnational Trans-humanist circles, the U.N., the Catholic Church, and increasingly within the Protestant Church.
In “Teilhard de Chardin: Trojan Horse of Vatican II/Heretic Extraordinaire,” Dr. J. P. Hubert wonders whether based on Teilhard’s admission of a mystical encounter if his evolutionary science was satanically inspired. Teilhard describes his strange encounter:
“The man was walking in the desert…when the Thing swooped down on him. Then, suddenly, a breath of scorching air passed across his forehead, broke through the barrier of his closed eyelids; an irresistible rapture took possession of him….mightily refashioning the enfeebled fibres of his being. And at the same time the anguish of some superhuman peril oppressed him, a confused feeling that the force which had swept down upon him was equivocal, turbid, the combined essence of all evil and goodness. You called me: here I am grown weary of abstractions, of attenuations, of the wordiness of social life, you wanted to pit yourself against Reality entire and untamed. I was waiting for you in order to be made holy. And now I am established on you for life, or for death….He who has once seen me can never forget me: he must either damn himself with me or save me with himself. O you who are divine and mighty, what is your name? Speak.”
Hubert concludes that Teilhardism is,
“…no doubt of Satanic origin—a true “religion of man,” if ever there was one.”
America’s Unfolding Spiritual Catastrophe
For over eighty-five years, America has been incrementally conquered by the same madness-inducing demon of hatred and violence that earlier took over Russia, China, Germany, and Italy.
This demon is mainly embodied within America’s “scientifically endarkened” Ruling Class which is deeply oppressed and possessed by elemental spirits and the delusion that the true enemy of America is always on the Right. Having rejected the biblical God and the religious heritage of our civilization, they embrace instead an ancient order of beliefs of which Communism and Socialism are logical expressions. A new world order is what they seek, but in order that it can emerge, the still remaining remnants of America’s Christian-based culture must be completely destroyed.
What this means is that the spiritual catastrophe that unfolded in the Soviet Union and Nazi Germany is unfolding on America’s stage.
Can this catastrophe be averted?
Repentance: The Only Way Back
Returning to David, prior to his obsession with Teilhardism he was destined to become a professor of anthropology at a Catholic university. But under the influence of Teilhardism, he came to see that the Genesis account of creation ex nihilo, Adam and Eve as the first man and woman and parents of all mankind who fell and passed on Original Sin to all human beings were utterly contrary to modern scientific thinking and evolution.
Therefore David taught anthropology from a modern “evolutionary science” perspective, even going so far as to exclude traditional presentations of doctrines about creation ex nihilo and Original Sin. But after introducing Teilhardism to his students, doubts arose when he observed the breathtaking transformative effects of this teaching upon Jonathan, one of his students, a priest who now insisted that all the sacraments are “…no more than expressions of man’s natural unity with the world around him.”
David’s eyes were suddenly opened and he saw clearly for the first time that Teilhardism exalted man as an animal and pictured,
“God as no more than the very bowels of earth and sky and the spatial distances of the universe with all its expanding galaxies.” (Martin, p. 107)
Meanwhile, Jonathan left the church and quickly founded his own cult among wealthy Manhattan families. He preached that the universe and all people were evolving as ‘one’ in a naturally occurring mystical union which he called “Abba Father.” (p. 127)
Martin writes that Jonathan had come under the dominion of an evil spirit and David was called in to exorcise him. However, the demon possessing Jonathan ridiculed David, saying they both believed the same things, therefore if Jonathan needed exorcism David needed it more.
Reeling in shock, David was led to an agony of soul-searching over the course of many weeks during which he re-examined and finally repented of the intellectual arrogance that led him to embrace Teilhardism and the “higher criticism” of Scriptures that reduced the Revealed Word to myth, allegory and delusion and the death of Jesus to an insignificant event of the evolutionary past rather than,
“…an ever present source of personal forgiveness and unshakable hope for any future.” (p. 149)
According to Martin, the evil spirit who had nearly succeeded in killing David’s faith now taunted him that to return to faith would entail slavery of mind and will. But when a repentant David deliberately rejected the demon’s taunts,
“…a great and breathtaking dimension full of relief….flooded his mind and will and imagination….And when he now looked at the world of nature around him…and heard the song of a mockingbird nearby, he received it no longer as he had while a Teilhardian evolutionist, as ‘intimations of molecules endlessly regrouping,’ but rather ‘of endless life for each person, and of love without a shadow.” (pp. 163, 165)
Speaking through Nietzsche, Zarathustra had declared the death of the Christian God on behalf of all willful unbelievers, but now for David, “He’s alive and I’m forgiven!” His faith in God, Christ, the Holy Spirit and Scripture restored, David was ready to exorcise the evil spirit who possessed Jonathan. He did so,
“…in the name of God who created him (Jonathan) and you (evil spirit), and of Jesus of Nazareth who saved him! You will depart and get back to the uncleanness and agony you chose.” (p. 169)
The Robber Barons of the 19th and 20th century had nothing over the elites of today’s globalist transnational financial conglomerates. The Richest Americans, listed in Forbes conceals the real power that controls the economy. Net worth is deficient in gauging dominance in financial commercialism and monetary preeminence. The Top 50 Highest-Paid CEOs as reported by ABC News ties into Michael Hiltzik’s account that CEO-to-worker pay gap is obscene, “The average CEO-to-worker pay ratio in 2012 was about 350 to 1.” Yet the divide in pay does not exemplify the exact lose in a livable standard of living for the ordinary staffer.If corporate multinationals were really about creating actual wealth, the pay of inspirational leadership and senior management talent, that executes the business plan, would be incidental if the employees were sharing in affluence. Those who demand higher minimum wage compensation do not understand how business works. The inordinate wealth divide, cannot and will not be reduced, until genuine economic prosperity is achieved.
Analyze the idiocy of a naive Undergraduate Research Fellow, Brian Chesley in 3 Ways to Reduce the Wealth Gap.
1. Open higher education to everyone.
2. Increase the minimum wage.
3. Increase taxes on the rich.
Such ignorant and illiterate attitudes demonstrate that institutions of higher learning encourage an atmosphere of social collectivism that plays directly into the hands of the new tyrannical tycoons.
The New York Times OP-ED piece by Daniel Altman (an adjunct associate professor of economics at the New York University Stern School of Business and a former member of the New York Times editorial board), proposes a foolish mindset and proposal in To Reduce Inequality, Tax Wealth, Not Income.
“In 1992, the top tenth of the population controlled 20 times the wealth controlled by the bottom half. By 2010, it was 65 times. Our graduated income-tax system redistributes a small amount of money every year but does little to slow the polarization of wealth.”
American household wealth totaled more than $58 trillion in 2010. A flat wealth tax of just 1.5 percent on financial assets and other wealth like housing, cars and business ownership would have been more than enough to replace all the revenue of the income, estate and gift taxes, which amounted to about $833 billion after refunds. Brackets of, say, zero percent up to $500,000 in wealth, 1 percent for wealth between $500,000 and $1 million, and 2 percent for wealth above $1 million would probably have done the trick as well.”
Absent in redistribution of wealth schemes is that the method of authentic free enterprise is never understood. Nor is there ever an effort to reestablish the principles of real business competition. The marketplace of voluntary and mutually beneficial commercial transactions, destroyed by the systemic Corporatocracy model, is the ultimate reason why wealth disparity is so great. The literal legacy of the Robber Barons is the internationalist financial system of central banking that predetermines the outcomes of selective patrons from calculating crony capitalism.
Public companies, once established to develop, produce and sell innovative goods or services are rare in an environment where financial manipulation is the primary vehicle to riches. Equity exchanges, based upon raising capital for industrious and constructive ventures, seldom function for this utilitarian purpose. The global economy, in reality, has perfected an anti-free enterprise filter that stamps out initiative and penalties upstarts that are not part of the cartels.
With the insolvency of the world-banking system an inescapable fact, the prospects for even more concentration of real assets into the hands of the financial elites, posed for the final wealth confiscation, of resources not already in their hands, is upon us.
When the internationalist financial system implodes and business screeches to a halt, a populist movement to clawback century long fraudulent gains of the hidden stashes from the interlocked illuminati families is the only coherent alternative to establish a fiscally sound financial future.
“The 2014 Bilderberg meeting is another example of those “blurred lines” between government, big oil and the financial sector, the three pillars of war. According to some reports, the topics of discussion at this year’s meeting will include the situation in Ukraine and the Russia-NATO relationship, as well as the Transatlantic Trade and Investment Partnership (TTIP), an agreement which, according to Stop TTIP, “is in fact a corporate coup that will take us to a ‘corporatocracy’, a corporate-run world.”
The mental confusion that blocks out the way the world fundamentally functions prevents focusing upon any essential debate as to substitute economic parameters for an equitable stake and remuneration for productive contributions to the success of any commercial venture.
The term Robber Barons, should not be substituted for every prosperous risk taker or self-made entrepreneur. The corruption within the cabal economy is rooted in the very nature of the favorable treatment given to participants in the criminal corporatist syndicate.
As Ms. Lévesque correctly describes the methods and operations of this New World Order neo-feudalism, the only structure that offers any prospects for an economic renaissance must target and strip the political influence of the globalists as much as the confiscation of their vast holdings.
Do not be deceived, by communist or socialist newspeak. Sharing the wealth is not the objective. The goal is imposing an unconditionally surrender upon the banksters, which is serious business. Start with the elimination of the Rehypothecation of Collateral. Lawful business has no room for coexistence with derivatives and swaps.Holding the body politic accountable and committed to breaking up the banksters’ monopoly requires compliance regulatory resistance from within the business community. It is just as important as customer and buyer rejection of the corporate induced consumer society. Sadly, most people simply are uninformed about the principles of sound business.
Most CEO’s are not businesspersons, but are globalist enablers and often are outright thieves. The needed business revolution will not be lead by their ilk.
Real competition can never be encouraged until inventive and audacious risk-takers have practical alternatives to fund their enterprises. Only then, will the wealth ratio narrow as affluence, that is more tangible, expands and the fortunes of the oligarchy diminish.
“Actually, as Winston well knew, it was only four years since Oceania had been at war with Eastasia and in alliance with Eurasia. But that was merely a piece of furtive knowledge, which he happened to possess because his memory was not satisfactorily under control. Officially the change of partners had never happened. Oceania was at war with Eurasia: therefore Oceania had always been at war with Eurasia. The enemy of the moment always represented absolute evil, and it followed that any past or future agreement with him was impossible…” – George Orwell, 1984
Nations, cultures and populations are best controlled through the use of false paradigms. This is a historically proven tactic exploited for centuries by oligarchs around the world. Under the Hegelian dialectic (the very foundation of the Marxist and collectivist ideology), one could summarize the trap of false paradigms as follows:
If (A) my idea of freedom conflicts with (B) your idea of freedom, then (C) neither of us can be free until everyone agrees to be a slave.
In other words: problem, reaction, solution. Two sides are pitted against each other in an engineered contest. Each side is led to believe that its position is the good and right position. Neither side questions the legitimacy of the conflict, because each side fears this will lead to ideological weakness and disunity.
The two sides go to war, sometimes economically, sometimes militarily. Both governments demand that individuals relinquish freedom, independence and self-reliance, a sacrifice that “must be made” so that victory can be achieved. In the end, neither nation nor society has truly won. The only winners are the oligarchs, who sing words of loyalty to their respective camps, while acting in league from the very beginning. The oligarchs, who never intended to target each other in the first place. Their target, their ONLY target, was the citizenry itself — the dumbfounded masses now mesmerized with shock, awe and terror.
The false paradigm method and the Hegelian dialectic are in full force today. Only a few years ago, Russia, China and the United States were considered close economic and political allies. Today, those alliances are being quickly scrapped in order to make room for conflict, a conflict useful only to a select international elite. As I have outlined in numerous articles, includingRussia Is Dominated By Global Banks, Too and False East/West Paradigm Hides The Rise Of Global Currency, when one looks beyond all the theatrical rhetoric being thrown around between Barack Obama and Vladimir Putin, the ultimate reality is that the relationship of both governments to the global banking elite is the same.
During both of Obama’s Presidential terms, he has flooded his cabinet with current and formeremployees of Goldman Sachs, a longtime proving ground for elitist financiers with globalist aspirations.
And who is the primary economic adviser to Vladimir Putin and the Russian state? WhyGoldman Sachs, of course!
U.S. and European elites have been calling for a centralization of economic power under the control of the International Monetary Fund, as a well as a new global currency.
Not surprisingly, Putin also wants a new global currency under the control of the IMF.
Obama is closely advised by globalists like Zbigniew Brzezinski, a member of the Council on Foreign Relations and cofounder of the Trilateral Commission, who in his book Between Two Ages: America’s Role In The Technetronic Era states:
“The nation-state is gradually yielding its sovereignty …[F]urther progress will require greater American sacrifices. More intensive efforts to shape a new world monetary structure will have to be undertaken, with some consequent risk to the present relatively favorable American position…”
“In the end, the political and economic systems can be harmonized in only one of two ways: by creating an international political regulatory system with the same reach as that of the economic world; or by shrinking the economic units to a size manageable by existing political structures, which is likely to lead to a new mercantilism, perhaps of regional units. A new Bretton Woods kind of global agreement is by far the preferable outcome…”
Both Kissinger and Brzezinski refer to this harmonized global economic and political structure as the “New World Order.” The fact that the political leaders of Russia and the United States are clearly being directed by such men should not be taken lightly.
China, too, has made demands for a restructuring of the global monetary system into acentralized currency basket under the dominance of the IMF.
China’s ties to the banking elite of London are well documented.
The call on both sides for a new monetary system and the end of the dollar as world reserve seems to greatly contradict the fantasy that the East and West are fundamentally at odds. The progression towards a world currency and/or economic governance also appears to be growing along with the consolidation of economic and military ties between Eastern nations. This would suggest that the rise of the East and the crippling of Western elements is actually advantageous to global bankers in the long term.
While disinformation agents and media shills have attempted to downplay any danger to the strength of America and the dollar, Eastern governments have been swiftly establishing alliances and decoupling from U.S. influence.
The historic 30-year Russia/China gas deal has, of course, been finalized. This deal is already eating up market space and influencing the way in which the energy trade traditionally behaves.
China and Russia have also expanded on their bilateral agreements made in 2010, which remove the dollar as the reserve currency in transactions between the two nations.
China’s thirst for gold continues, while the country is now building its own gold exchange to rival the U.S. Comex.
Russia has recently established what Putin calls the “Eurasian Economic Union,” a deal which includes Kazakhstan and Belarus, two countries that hold large, freshly discovered oil fields.
In response to the engineered conflict over Ukraine, as well as the “Asian-Pacific Pivot” by the U.S., China has openly called for a new security pact with Russia and Iran.
Let’s also not forget that China is set to surpass the U.S. as the world’s largest economy by 2016, according to the Organization for Economic Co-operation and Development (OECD).
While the rise of the East is being painted in Western circles as a threat to U.S. and NATO dominance, the bigger picture is being hidden from view. Yes, indeed, the consolidation of the East is a considerable threat to the dollar and the U.S. economy — most importantly in the event that China refuses to accept dollars as payment on exports and debts. With the world’s largest exporter/importer refusing to take dollars as a reserve, most nations will inevitably follow their lead. The argument against this development is, of course, that there is no rational trigger for such a violent fiscal attack. I would remind skeptics that there was no rational trigger for the current strengthened relations between Russia and China until the Ukraine crisis. Is anyone really foolish enough to bet against another direct or indirect conflict between NATO and the East? And is anyone really ignorant enough to assume that said event would not be used as an excuse to cut the legs out from under the dollar completely?
The New World Order players have positioned the East and West for just such a scenario. Why? In my article Who Is The New Secret Buyer Of U.S. Debt?, I give evidence indicating that the Bank of International Settlements and the IMF are preparing the financial world for a new global monetary system, brought into existence by a second Bretton Woods conference. The debasement of the dollar and the rise of the East are NOT obstacles to this plan. Rather, they are required factors. There can be no truly global economic system without “harmonization”, the demise of the dollar’s world reserve status, and the end of sovereign economic governance.
For those who doubt this scenario, read Paul Volcker’s latest statement, as reported by Zero Hedge.
Volcker, the same man who was directly involved in the destruction of the first Bretton Woods agreement and the final death rattle of the gold standard, is now promoting a NEW Bretton Woods-style agreement in which currencies are pegged to a controlled market system — in essence, a centralized international monetary system. Volcker also suggests that a single nation-based reserve currency like the dollar may be a danger to overall fiscal health.
Volcker is right. The dollar-dominated forex casino and fiat fraud is a danger to the world. Volcker helped make it that way! And what a surprise, the former Federal Reserve chairman has a solution on a silver platter for the American people — all we need is GLOBALcentralization and bureaucratic oversight.
The propaganda is being carefully planted within the mainstream. Christine Lagarde of the IMF now spends the whole of her media interviews inserting the phrase “global economic reset” without explaining exactly what that would entail, while central banking elites like Volcker suggest a Bretton Woods II conference leading to a global monetary authority. In the meantime, Russian government-funded media outlets like RT produce pieces accusing the U.S. of being a nuclear menace while we Americans get to watch manipulative Hollywood films like “Jack Ryan: Shadow Recruit,” which depicts a Russian plot to collapse the U.S. economy. China and U.S. representatives squabble with each other at geopolitical meetings fueling fears of diplomatic breakdown, while the Pentagon “suggests” they may have to revamp their military strategies in consideration of yet another World War. Just as in Orwell’s book, 1984, old enemies become allies and then enemies once again, and at the top of the pyramid, it’s all a farce.
The best lies contain elements of truth. The truth here is that the East is forming alliances in opposition to the West, the West is involved in underhanded covert operations all over the planet, and both “sides” are in fact on the verge of a catastrophic battle for supremacy. The great lie is that important details have been left out of our little story. Both sides are merely puppet pieces in a grand game of global chess, and any conflict will ultimately benefit the small group of men standing over the board. They include the international financiers who have influenced the very policy fabric of each government toward a climactic crisis which they hope will finally give them the “New World Order” they have always dreamed of.
Source: Brandon Smith | Alt-Market
Ever wonder why nobody (except Kareem Serageldin) went to jail for all the crimes committed during the financial bubble that popped in 2008?
If you think back to the 2000-era bubble, lots of people went to jail for the fraud perpetuated at Enron, Tyco, Adelphia, and other firms. Plus, the law back then destroyed a whole accounting firm — Arthur Andersen, you may remember — and 28,000 jobs along with it, in the wake of the bust.
Yet post-2000, firms with far more brazen crimes got off by paying a mere fine.
Its U.S. subsidiary committed, as Taibbi writes, “an astonishing list of crimes — a laundry list that included pretty much every kind of crime a bank can possibly be charged with.”
- Laundering billions of dollars for drug cartels in Mexico and Colombia
- Washing money for terrorist-connected organizations in the Middle East
- Allowing “rogue states” under formal sanctions by the U.S. to move billions freely through the bank
- Helping Russian mobsters wash money under an elaborate traveler’s check scheme
And what was the penalty for all this?
At the time, it was the biggest fine in history. But in context, for a firm that made $22 billion per year, it was not much at all. In fact, looked at in a cold calculating light, the message clearly is: Crime pays.
Note there was no jail time for anybody. Everybody at HSBC got paid. Well, HSBC agreed to partially — partially, mind you – defer (!) bonus payments to its top executives.
Oh, and HSBC had to say it was sorry. “We are profoundly sorry,” said CEO Stuart Gulliver.
But how did we get here?
Matt Taibbi explores the reasons in his book The Divide. Taibbi used to write for Rolling Stone. He was the guy who famously called Goldman Sachs a “great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.” (I wish I had written that line.)
He’s a very good investigative reporter and a fine writer. He’s mellowed out a bit in this book and you won’t find much of the usual Taibbi name-calling and profanity. Taibbi, for good or ill, plays this one straight.
He covers a lot of ground, but the central thesis is one most people will intuitively grasp: If you are rich and powerful, you can get away with almost anything. Rights exist on a sliding scale. And if you are on the bottom, you can do time for loitering.
“The cleaving of the country into two completely different states — one a small archipelago of hyper acquisitive untouchables, the other a vast ghetto of expendables with only theoretical rights — has been in the works a long time.”
But to answer the question posed up top about why nobody’s going to jail, there’s more to the story. You have to go back to a memo written by Eric Holder, the current attorney general, back in 1999, when he was an official in the Clinton White House.
He articulated a concept called “collateral consequences.”
It meant, in essence, that the government could take into account all kinds of factors like job losses and such in deciding whether to press criminal charges against a big company. “If the math isn’t there,” Taibbi writes summing things up, “hold the charges. Seek other forms of justice instead. Fines. Civil sanctions. Cease and desist orders. Deferred prosecutions. There are other ways, Holder wrote, to get the job done.”
In other words, there would never be another Arthur Andersen. Firms had new ways to wiggle out of criminal charges. Hence, we have the monster we have today. Companies too big to jail.
Meanwhile, in other aspects of life, a culture approximating a police state grows apace. Taibbi points to the record levels of incarcerations in the U.S. “Our prison population, in fact, is now the biggest in the history of human civilization,” Taibbi writes. The U.S. has more people behind bars today “than there were at any time in Stalin’s gulags.”
The story here is nasty. He tells the story of private prisons, such as those of Corrections Corp. of America. They get, “depending on whom you believe,” upward of $166 per day from the federal government per inmate. This is four times what it cost back when the government took care of its own detainees.
“The big influx of cash impressed investors on Wall Street,” Taibbi writes. From 2000-2011, CCA’s stock went up 34-fold. Sales went from $300 million to $1.7 billion by 2011. “Overall, the corrections industry is one of the soundest stock/equity bets in the world, with soaring revenues — the industry as a whole pulled in more than $5 billion in America in 2011.”
Needless to say, that didn’t just happen. CCA and others donate generously to politicians. They support anything that might lead to more people spending time in their cells. They particularly like anti-immigrant bills. And Taibbi has harrowing tales about the mistreatment of immigrants in this country. He calls Hispanic immigrants “one of America’s last great cash crops.”
“And someone else wins, too,” Taibbi writes. “Wall Street. Some of the biggest investors in private prison companies are, you guessed it, the too-big-to-fail banks.”
Taibbi writes about an analysis from Zacks that gleefully revels in the lack of economic sensitivity in the business. And then cites a chart with shows a hockey stick increase in the number of incarcerated Americans.
So the country is turning more and more into a dragnet… but only for the poorest. There is no HSBC banker sitting in a CCA cell. It is symbolic of the kind of economy we have today:
“Like too-big-to-fail banking itself, private prisons are an industry that depends not on the unpredictable economy but upon political connections. It’s the perfect kind of business in the oligarchical capitalism age, with guaranteed profits to provide a low-cost public insurance against the vagaries of the market.”
The economy is riddled with corruption like this, a marriage between big business and Big Government. And a recurring theme in this book is the offspring this marriage creates: a relentless, insatiable bureaucratic force that grinds up individuals fed into its maw.
“These bureaucracies accomplish just two things,” Taibbi writes. “They make small piles of money smaller and big piles of money bigger… It just relentlessly creates and punishes losers, who get to sit beneath an ever-narrowing group of winners, who may or may not stay on top for long.”
Legal rights are not absolute. Those with money who can tirelessly throw lawyers and lawsuits and counterlawsuits at any problem can survive almost anything. For the rest, it’s a matter of attrition. And those at the bottom have no chance.
I can’t do justice to all the journalistic fieldwork and stories Taibbi has put in his 416-page book. It is a gripping read and will infuriate you and frighten you, and maybe even make you sad for what’s happened to the “Land of the Free.”
The book does not have a happy ending. The good guys don’t win in the end. But I encourage you give it a read. What it describes is life in these United States. Those of us who cherish liberty have quite a job ahead of us.
Chris Mayer studied finance at the University of Maryland, graduating magna cum laude. He went on to earn his MBA while embarking on a decade-long career in corporate banking. Chris is the editor of Capital and Crisis and Mayer’s Special Situations, a monthly report that unearths unique and unconventional opportunities in smaller-cap stocks. In 2008, Chris authored Invest Like a Dealmaker: Secrets From a Former Banking Insider.
Source: Laissez Faire
President Barack Obama’s commencement address at West Point on May 28 managed to displease pretty much everyone in the nation’s commentariat. Before making an overall assessment of its significance, it is necessary to examine the validity and implications of Obama’s individual statements.
“[B]y most measures America has rarely been stronger relative to the rest of the world. Those who argue otherwise – who suggest that America is in decline or has seen its global leadership slip away – are either misreading history or engaged in partisan politics.”
This key assertion, made at the beginning of the President’s address, does not stand to empirical scrutiny. In economic terms, America was far stronger vis-à-vis the rest of the world in 1945 than she is today. In more recent times, U.S. share of world GDP peaked in 1985 with just under 33 percent of global GDP (nominal). Between 2004 and 2014, United States’ share of global gross domestic product (GDP) adjusted for purchasing power parity (PPP) has fallen from 22.5 percent to 18.5 percent, and it is expected to continue falling. By the end of this year China will overtake the United States in gross domestic product, which had originally been projected to happen by the end of this decade. Analysts concede will gradually shift the ability to confer advantages or disadvantages on other countries – in other words, power – in China’s favor.
In military terms, while America enjoyed the nuclear monopoly in 1945-49, her period of undisputed unipolar dominance was between 1991 (the collapse of the USSR) and 2008 (Russia’s counterattack in South Ossetia). Although the Pentagon budget will drop from $600 billion this year to $500 billion in 2015, it will continue to account for over a third of the global total. The unsatisfactory outcomes in Iraq and Afghanistan and dented America’s image of military invincibility. As the Economist commented on May 3, “The yawning gap between Uncle Sam and his potential foes seems bound to shrink.” The prevailing view among most critical analysts is that over the past decade the U.S. has suffered military reverses, and now faces severe global competition.
As for the “global leadership,” it is unclear what exactly Obama had in mind. Russia and China are creating a powerful Eurasian counterweight to what they rightly perceive as Washington’s continuing bid for the global hegemony. India’s new prime minister is a potential partner at best, and certainly loath to acknowledge America’s “leadership.” In the Islamic world, Obama’s attempts at appeasement – which started with the Cairo speech in 2009 – have not worked: The U.S. is now even more unpopular in the Muslim world than it was under George W. Bush. America is heartily disliked even in Turkey and Jordan, presumably our allies, not least because of the continuing drone strikes. American influence in Latin America is weaker now than at any time since Theodore Roosevelt, as manifested in the unanimous rejection of Washington’s efforts to effect a regime change in Venezuela. Members of the American elite class are hard pressed to name a single country with which the U.S. has better relations today than five years ago. The NSA global spying network has infuriated even some otherwise reliable American friends in Western Europe. Most “Old Europeans” are remarkably resistant to U.S. pressure to agree to serious sanctions against Russia.
On balance it appears that Barack Obama is the one misreading history and engaging in partisan politics.
“Meanwhile, our economy remains the most dynamic on Earth, our businesses the most innovative.”
In reality, by most value-neutral parameters the American economy is chronically weak and insolvent:
- Far from growing, the economy contracted in the first three months of this year at the annualized rate of one per cent, and it is unclear where future growth would come from. Gross domestic income is also falling sharply, for the first time in years.
- There are fewer workers, they are less efficient than a decade ago, and new employment is mostly in low-paying part-time jobs. Labor force participation (the percentage of Americans at work) is low, at levels not seen since the stagnant economy of the 1970s. One-fifth of 80 million American families do not have a single employed member.
- Government dependence has reached epidemic levels: the number of Americans getting money or benefits from the federal government exceeds the number of full-time workers in the private sector by more than 60 million. Welfare spending and entitlement payments account for 69 percent of the federal budget.
- One-third of all American households are living hand-to-mouth, one paycheck from poverty. The median annual income is 7.5 percent lower than in January 2008.
- The inflation-adjusted S&P500 is back to where it was in 2007. The single biggest buyer of stocks are the companies of the S&P500 itself. At $4 trillion, stock buybacks account for one-fifth of the total stock market value. The biggest buyback in market history added zero productive value to the companies concerned.
- The mountain of debt is nearing $17.5 trillion. The drivers of growing deficits and debt in the future are unfunded entitlement programs that are designed to transfer resources from working people to retirees. When the government pension and health care commitments which are missing from official budget figures are accounted for, the total national debt is nearly $95 trillion, more than seven times the published figure.
- The dollar’s status as the world’s reserve currency is almost over. Russia and China have joined forces in “de-dollarization” of their mutual transactions and are looking for a more productive and safe use for their monetary reserves. Their recent gas deal is the beginning of the end for the petrodollar. Eventually Washington will have to choose between an outright default and hyperinflation, and the rest of the world is waking up to that fact.
Some “dynamism,” some “innovation”…
“America continues to attract striving immigrants.”
Obama’s statement is correct. It does not illustrate America’s alleged strength as was his intent, however; it underscores this country’s major weakness. Illegal immigration is spiraling out of control, the Border Patrol is overwhelmed. If the influx continues at current high levels, the U.S. population will increase to almost half a billion in 2060 – more than a 50 percent increase. New immigrants – mostly from the Third World, unskilled, uneducated, and a net drain on American resources – and their descendants will account for over one hundred million of that increase. On current form, English-speaking Americans of European origin will become a minority in their own country four decades from now. They will inhabit an increasingly overpopulated, polluted, lumpenproleterized, permanently impoverished country. America unfortunately does continue “to attract striving immigrants,” mostly illegal ones and of poor quality. This is far greater threat to the survival of the United States in a historically or culturally recognizable form than terrorism or any conceivable alliance of foreign powers. Barack Obama does not understand this, or does not care, or – just as likely – cherishes the prospect.
“The values of our founding inspire leaders in parliaments and new movements in public squares around the globe.”
By “public squares” Obama was probably alluding to Kiev’s Maidan. Indeed, it has propelled some “new movements” to global prominence, such as the Svoboda party and the Right Sector. The Founding Fathers would be horrified to learn that, in the opinion of the President of the United States, their values have inspired Messrs. Tyahnybok, Yarosh, and other blood-soaked heirs to Stepan Bandera. This is on par with Senator Joseph Lieberman saying, “The United States of America and the Kosovo Liberation Army stand for the same values and principles. Fighting for the KLA is fighting for human rights and American values.”
“And when a typhoon hits the Philippines, or schoolgirls are kidnapped in Nigeria, or masked men occupy a building in Ukraine, it is America that the world looks to for help.”
Obama is mixing apples (natural disasters) and pears (man-made ones). The problem of Islamic terrorism in Nigeria was exacerbated by the refusal of the Department of State under Hillary Clinton to place Boko Haram (“Secular Education is Sinful”) on the list of foreign terrorist organizations in 2011, despite the urging of the Justice Department, the FBI, the CIA, and over a dozen Senators and Congressmen. The de facto protection thus given to Boko Haram has enabled it to morph into a state-within-the-state with an estimated 300,000 followers.
It would be ironic if “the world” were to look to America for help in Ukraine (which in any event it does not), since the course of crisis there has been, overwhelmingly, of Washington’s own making, as manifested in Victoria Nuland’s famous phone call to Ambassador Pyatt. The new Drang nach Ostenmakes sense from the point of view of the liberal globalist-neoconservative duopoly: there is no better way to ensure U.S. dominance along the European rimland in perpetuity than drawing Europe back into NATO (i.e. U.S.) security orbit in general and subverting the Russo-German rapprochement in particular. The “masked men” in buildings are a direct consequence of American meddling.
“So the United States is and remains the one indispensable nation. That has been true for the century past, and it will be true for the century to come.”
It has never been true, it is not true now, and it never will be true. Madeleine Albright’s famous dictum was an arrogant statement by an immigrant ignorant of American history and a sign of her well-attested instability. It was reiterated in Bill Clinton’s 1996 speech, where he explained why he intervened, disastrously, in Bosnia: “The fact is America remains the indispensable nation. There are times when America, and only America, can make a difference between war and peace, between freedom and repression, between hope and fear.” That Obama has chosen to recycle such rubbish is a sign of intellectual and moral bankruptcy. “Indispensable” to whom, exactly? It is unimaginable for the leader of any other country in the world – Vladimir Putin, say, or Xi Jinping – to advance such a claim. It is tasteless at best and psychotically grandomaniac at worst, a latter day “Manifest Destiny” on steroids. The problem is that such hubristic delusions easily translate into non-negotiable foreign policy objectives. Resisting the will of the “indispensable nation” is ipso facto evil: Susan Rice’s condemnation of Chinese and Russian vetoes of the U.S.-supported UN Security Council resolution on Syria as “disgusting,” “shameful” and “unforgivable” comes to mind.
“Russia’s aggression towards former Soviet states unnerves capitals in Europe while China’s economic rise and military reach worries its neighbors.”
Quite apart from the genesis of the crisis in Ukraine, to which “Russia’s aggression” hardly applies, Obama’s use of the term “former Soviet states,” plural, implies that in his opinion Ukraine is not the only “victim of Russia’s aggression.” Presumably he means Georgia, the only “former Soviet state” with which Russia has had a conflict since the collapse of the Soviet Union. If so, and there is no other explanation for his turn of his phrase, Obama has a dangerously flawed understanding of the August 2008 Georgian crisis.
Georgian then-President Mikheil Saakashvili’s order to attack South Ossetia’s capital, Tskhinvali, was a breathtakingly audacious challenge to Russia, to which she was bound to react forcefully. That response was promptly exploited, for the first time since Gorbachev, by the American mainstream media machine and the foreign-policy community in Washington to paint Russia as a rogue power that is not only dangerous but intrinsically malignant. The vehemence of that rhetoric exceeded anything ever said or written about jihad, before or after September 11. To be fair, Saakashvili was led to believe that he was tacitly authorized to act as he did. President George W. Bush had treated Georgia as a “strategic partner” ever since the Western-engineered “Rose Revolution” five years earlier, and in early 2008 he strongly advocated NATO membership for Georgia. Washington had repeatedly supported Georgia’s “sovereignty and territorial integrity,” which implied the right to use force to bring South Ossetia and Abkhazia to heel, just as it is supporting “resolute action” in Donetsk and Lugansk today. Saakashvili may be forgiven for imagining that the United States would have bailed him out if things went badly. It is noteworthy that he was not disabused of such notions. The calculus in Washington appears to have been based on a win-win scenario, not dissimilar to the current Ukrainian strategy. Had Georgian troops occupied South Ossetia in a blitzkrieg operation modeled after Croatia’s “Operation Storm,” while the Russians remained hesitant or ineffective, Moscow would have suffered a major strategic and (more importantly) psychological defeat after almost four years of sustained strategic recovery. If Russia intervened, however, she would be duly demonized and the U.S. would push for NATO consolidation with new vigor. “Old” Europeans – the Germans especially – would be pressed to abandon their détente with Moscow. A resentful Georgia would become chronically anti-Russian, thus ensuring a long-term American presence in the region.
In the event, like the Ukrainian army today, the Georgian army performed so poorly that a military fait accompli was out of its reach. Excesses against Ossetian civilians – just like the shelling of schools in Slavyansk today – made the “victim of aggression” narrative hard to sell, Obama’s “aggression” rhetoric notwithstanding.
“The question we face… is not whether America will lead but how we will lead, not just to secure our peace and prosperity but also extend peace and prosperity around the globe.”
It is unclear how, if at all, America will secure her own “peace and prosperity” in the years and decades to come, let alone how she can extend it “around the globe.” If this is a statement of Obama’s grand strategy, it is flawed in principle and unfeasible in detail. In this statement there is not a hint of an overall blueprint for action that matches our country’s resources to her vital interests. A sound grand strategy enables a state to deploy its political, military, economic, and moral resources in a balanced and proportionate manner, in order to protect and enhance its security and promote its well-being, never mind “the globe.” In Obama’s universe, however, there are no brains behind “indispensable,” heavy-handed diplomacy and military power. Obama creates a false dilemma (“the question we face”) unsupported by facts. China, India, Russia, the Muslim world and Latin America do not want to be “led,” quite the contrary. Old Europe is reluctant at best. Subsaharan Africa is an irrelevant mess. The question we face is not global leadership, but national survival.
“Regional aggression that goes unchecked, whether in southern Ukraine or the South China Sea or anywhere else in the world, will ultimately impact our allies, and could draw in our military. We can’t ignore what happens beyond our boundaries.”
This simultaneous dig at Russia and China reflects a hubristic world view that is unmatched by conflict-management resources. A sane American relationship with Moscow demands acceptance that Russia has legitimate interests in her “near-abroad.” Obama’ four-nation tour of East Asia last Aprilescalated existing U.S. military commitments to the region, created some new ones, deeply irritated China, and emboldened American allies and clients to play hardball with Beijing. Obama does not understand that it is extremely dangerous for a great power to alienate two of its nearest rivals simultaneously. The crisis in Ukraine is going on, but the situation in Asia is potentially more volatile. Dealing with both theaters from the position of presumed strength and trying to dictate the outcomes is perilous, as many would-be hegemons (Philip II, Louis XIV, Napoleon, Kaiser Wilhelm, Hitler), blinded by arrogance, have learned to their peril. Obama has continued the hegemonist habit of instigating crises at different spots around the world, even though the resources are scarce and the strategy is fundamentally faulty. An overtly anti-U.S. alliance between Russia and China is now in the making. U.S. overreach led to the emergence of a de facto alliance in the Eurasian Heartland, embodied in the gas deal signed in Shanghai. Russia and China are not natural allies and they may have divergent long-term interests, especially in Central Asia, but they are on the same page when it comes to resisting U.S. hegemony, pardon, “leadership.” In the early 1970’s Dr. Henry Kissinger wisely understood the benefits of an opening to Beijing as a means of pressuring Moscow on the Cold War’s central front. Back then the USSR was far more powerful than the People’s Republic. Today, by contrast, China is much more economically and demographically powerful than Russia, and for the United States the optimal strategy would dictate being on good terms with the weaker party in the triangle. America does not have a policymaker of Kissinger’s stature today, who would understand the potential of a long-term understanding with Moscow as a tool of curtailing Chinese ambitions along the Pacific Rim.
“America must always lead on the world stage. If we don’t, no one else will. The military that you have joined is, and always will be, the backbone of that leadership.”
The notion that “the world stage” demands a “leader” is flawed. It is at fundamental odds with the balance-of-power paradigm, which has historically secured the longest periods of peace and unprecedented prosperity to the civilized world. Today’s world is being multipolarized, whether Obama the Exceptionalist likes that or not. The very idea of the self-awarded “world leadership” would appear absurd in the days of Bismarck or Metternich. Washington has neither the resources nor the minds for such a role, even if it were called for.
“The United States will use military force, unilaterally if necessary, when our core interests demand it — when our people are threatened; when our livelihoods are at stake; when the security of our allies is in danger.”
None of the above applied in Bosnia, Kosovo, Afghanistan, Iraq, or Libya… but enough of Obama. There was more rhetoric at West Point, including an ode to American exceptionalism and further references to America’s global leadership, but it just as tedious, vacuous and intellectually wanting as the first ten minutes of his address.
Overall, it is evident that the United States in Barack Obama’s final term has not given up the hegemonist habit of instigating crises at different spots around the world, even though the management resources are scarce and the strategy is fundamentally faulty. An overtly anti-U.S. alliance between Russia and China is now in the making. It will be a belated equivalent of the Franco-Russian alliance of 1893 – the predictable result of an earlier great power, Wilhelm’s Kaiserreich, basing its strategy on hubristic overestimation of its capabilities. U.S. overreach has led to the emergence of a de facto alliance in the Eurasian Heartland, embodied in last month’s energy agreement signed in Shanghai. Russia and China are not natural allies and they may have divergent long-term interests, especially in Central Asia, but they are on the same page when it comes to resisting U.S. hegemony.
In the early 1970’s Dr. Henry Kissinger wisely understood the benefits of an opening to Beijing as a means of pressuring Moscow on the Cold War’s central front. Back then the USSR was far more powerful than the People’s Republic. Today, by contrast, China is much more economically and demographically powerful than Russia, and for the United States the optimal strategy would dictate being on good terms with the weaker party in the triangle. It is unfortunate that America does not have a policymaker of Kissinger’s stature today, who would understand the potential of a long-term understanding with Moscow as a tool of curtailing Chinese ambitions along the Pacific Rim.
Judging by the West Point address, for the remaining two and a half years of Obama’s term U.S.-initiated global confrontations will continue as before. Instead of de-escalating the bloody mess to which she has made a hefty contribution, Victoria Nuland will continue encouraging her blood-soaked protégés in Kiev to seek a military end-game in the East. Instead of calming the South China Sea, Washington will continue encouraging its clients to be impertinent. And Putin and Xi will draw their conclusions: that they do have a powerful common enemy, a rogue regime not amenable to reason or rational calculus.
It cannot be otherwise, considering the Obama Administration’s 2012 Defense Strategic Guidance, which is but a rehash of the strategic assumptions of the Bush era. In Obama’s words from two years ago, our “enduring national interest” is to maintain the unparalleled U.S. military superiority, “ready for the full range of contingencies and threats” amid “a complex and growing array of security challenges across the globe.” The Guidance itself asserts that the task of the United States is to “confront and defeat aggression anywhere in the world.” This is not a grand strategy but a blueprint for disaster—especially when combined with the interventionists’ urge to “confront and defeat” not only aggression as such but also “aggression” resulting from internal conflicts irrelevant to the American interest (Syria, Ukraine) and putative threats to regional stability (Iran).
Obama is a more reluctant interventionist than McCain or Romney would have been, but he, too, does not recognize the limits of American power and does not correlate that power with this country’s security and prosperity. He fails to balance military and nonmilitary, short and long-term capabilities. He rejects the fact that the world is becoming multipolar again, while the relative power of the United States is in steady decline. Obama’s absence of a viable grand strategy produces policies that are disjointed, nonsensical, and self-defeating. He is prone, no less than his predecessor, to equate any stated political objective in some faraway land with America’s vital interests, without ever offering a coherent definition of those “vital” interests.
On both sides of the duopoly, the ideology of American exceptionalism and the doctrine of global dominance reign supreme. At a time of domestic economic weakness and cultural decline, foreign policy based on the American interest requires prudence, restraint, and a rational link between ends and means. Abroad, it demands disengagement from distant countries of which we know little; at home, a sane immigration policy.
It will not happen.
How corrupt has America become? It has become as corrupt as globalism itself, a byproduct in international greed, where the gutting of good paying jobs has relegated the United States to being nothing more than a third rate country with a first rate war machine. An essential aspect to what we regard as the American economy today is its reliance on fraud and corruption, from the banking sector to corporations exporting and outsourcing good jobs with the help of a political class that is not only fraudulent but treasonous to the extreme, they are driving America towards an abyss that it will not come back from.
Waging international war for resources under false pretenses is a globalists wet dream, and under the cloak of the nefarious “war on terror,” multinational defense and security firms have made trillions of dollars over the last decade. They destroy so they can rebuild, and all the human collateral damage is just an unsightly part of doing business.
Another perverse aspect to globalism is massive illegal immigration under the disreputable banner of multiculturalism, for some shady businesses in America the profit margins can increase exponentially by hiring illegal workers over Americans.
Corporations hire illegal workers to keep wages low, and benefits to an absolute minimum. Americans are shunned for unquestioning cheep labor, and governments allow and foster this fraud to the detriment of many Americans. Some Americans, if you can still call them Americans, profit greatly in this perverse atmosphere of fraud. The Federal government consistently places the interests of illegal aliens and businesses who hire them over and above American workers and the ‘rule of law’.
A case in point is Oklahoma, specifically Tulsa, Oklahoma, which has become a hotbed of greed and corruption. Tulsa is what some call a sanctuary city, where tens of thousands of illegal workers are in jobs that Americans are obviously not occupying. This ugly fact is good for some corporations and businesses, expanding their profits by paying undocumented workers low wages with no real benefits. What does it cost the American tax payers when these illegal workers have babies and use the medical industry with false identities, who foots the medical bills? It defiantly is not businesses or the governments.
Another case in point is a company called Name Brand Clothing; based in Tulsa, it has stores in six states, the company sells salvage clothing at 75 percent off retail and it prefers to hire illegal workers instead of Americans. It is the proverbial ‘poster child’ for corporate greed and corruption in Tulsa, Oklahoma.
Why does it hire illegal workers? Well, first of all, it is about greed, making some people rich at the expense of everyone else. The managers at Name Brand Clothing generate outrageous bonuses by essentially suppressing wages on all hourly paid employees year after year. They choose illegal workers because illegal’s do not complain about being stuck on minimum wage for years on end with no real medical benefits and no paid holidays.
The owners and managers of Name Brand Clothing knowingly and willingly submit false identifications and Social Security Numbers to the IRS and to the Oklahoma Tax Commission, which is of course contrary to both federal and state laws. They have been doing this for over a decade, and they can commit these criminal acts because Federal and State governments are currently as corrupt and dishonest as companies like Name Brand Clothing.
Veracity Voice interviewed a long time worker at Name Brands Clothing for an inside examination into the workings of corporate greed and corruption that currently plagues corporate America.
We are protecting the person’s identity because the person is still currently employed by the company. We will refer to that person as the ‘Employee’.
Veracity Voice: How long have you been working for Name Brands?
Employee: I rather not say exactly since I still work for them, lets just say that I have been employed at Name Brands for about 10 years, give or take a couple of years.
Veracity Voice: What do you do there?
Employee: Again, I rather not say exactly, lets just say I worked in the head office, and have seen the corruption first hand.
Veracity Voice: Why have you decided to speak out at this time, and not before?
Employee: Actually I did in a way speak about this before; I wrote a letter to the Sheriff’s department, and the FBI about 4 years ago. I also wrote letters too FOX 23 and Channel Six News, concerning the outlandish fraud and corruption happening at Name Brands, and absolutely nothing came of it. It seems that it is not PC to talk about this issue in Tulsa; the mainstream media won’t touch it. That is why I am talking with Veracity Voice; the only outlet whistleblowers have today in America is in the alternative media.
Veracity Voice: Are you saying that the mainstream media is covering it up?
Employee: In a way they are by not reporting all the law breaking going around Tulsa as far as hiring illegal workers by businesses, they certainly seem to be part of the club, and will not rock the boat.
Veracity Voice: What Club?
Employee: Corrupt businesses, Local, State and Federal governments that allow the criminal behavior, the police departments that will not enforce the law and mainstream media that will not report any of it. It is one big corrupt club.
Veracity Voice: What kind of fraud and corruption have you seen at Name Brands?
Employee: Well, you can compare the greed and corruption at Name Brands along the lines of what’s happening in Wall Street and the financial system, some people are profiting greatly through outright fraud and thievery at the expense of everyone else, and government is engaged in helping the criminality.
At Name Brands, the fraud is done by submitting false ID’s and Social Security Numbers (SSN) to the IRS. I’ve seen with my own eyes management turn away American workers seeking work then turn around and hire illegals. The main reason they do this, Is because the illegals are content to work for minimum wage with no real benefits. Essentially, they keep everyone’s wages stagnant except for management.
Veracity Voice: What do you mean except for management?
Employee: The lower the costs for running the business, the higher the bonuses for management, its classic corporate greed. Management at Name Brands make large sums of money in the form of bonuses while all other workers do not receive real medical benefits or paid holidays except for two, Thanksgiving and Christmas, and those two paid holidays are highly conditional.
Veracity Voice: Highly conditional?
Employee: Yes, two weeks prior to Thanksgiving and Christmas if an employee is late for work for any reason Name Brands will not pay you for the holiday.
Veracity Voice: You’re kidding right?
Employee: No, unfortunately I’m not kidding. At Name Brands it’s a culture of nepotism and greed, like the saying goes “there is no honor among thieves” there is no honesty, no real integrity, just godless corruption. There is one woman, who has worked for the company for 17 years, and she has only received one 5 cent raise not counting minimum wage increases. It’s outright disgusting how they treat workers.
Veracity Voice: Why does she stay?
Employee: Well, some people have problems, and finding other employment can be difficult.
Veracity Voice: What kind of problems?
Employee: All sorts of problems like emotional and mental problems, in some cases drug problems, other cases workers being ex-convicts, finding employment can be difficult. Like some parasite, companies like Name Brands like to take advantage of the most vulnerable and disadvantaged in society, that’s why they like illegals; they can thieve from them without any complaint, protected by corrupt governments. Most self-respecting Americans will not work for a company that treats hourly workers like trash.
Veracity Voice: Let’s get back to the fraud, how many illegals are they employing?
Employee: At TPC which is Name Brands production center in North Tulsa, they usually have around 80 illegals working there, and at their store in South Tulsa there are about 10.
Veracity Voice: That many?
Employee: Yes, it’s absolutely incredulous and in your face. It is both frustrating and depressing at the same time to see this traitorous conduct on a daily basis. It is time for Americans to take a stand against these globalists that are profiting through corruption.
Veracity Voice: Who are the people that run Name Brands Clothing in Tulsa?
Employee: As far as I know, Rusty Gaddy is the CEO, Jim Stevenson and Jim Breese are VP’s. At TPC there is Reid Lewellin and Jason Garman, both managers, and Brent Daily is the manager at the Tulsa Store, they all commit fraud on a daily bases. They do not care for America or Americans, all they care about is increasing their bonuses at the expense of everyone else, and what really bothers me is that the governments, both at the local and federal level engage in the same fraud, they do absolutely nothing about it. The Federal government knows very well that Name Brands has for well over a decade submitted thousands of false ID’s and SSN’s. This is criminal behavior at both the local and Federal level when the government chooses not to enforce its own laws.
Veracity Voice: What do you think should be done with these people?
Employee: These people are more than thieving fraudsters, they are traitors to the country and its people, so I say arrest Rusty Gaddy, arrest Jim Breese, arrest Jason Garman and Reid Lewellin, and arrest all of the crooks that run the criminal enterprise called Name Brands Clothing. These people are also very cowardly, if they find out that any employee is against their corruption they will slander him or her with false accusations, they will make up stuff to make that employee look bad. The two most egregious slanderers at Name Brands are Jason Garman and Jim Breese, they will slander and harass you to the point of desperation, and people will quit their jobs because of the continual harassment.
Veracity Voice: Job harassment is a crime.
Employee: Yes, and they get away with that too.
Veracity Voice: Talk a little bit about the one man that has used more than one ID to work at Name Brands.
Employee: Ya, he has three different aliases. I do not know which one is his real name, all I know is that Name Brands went out and got him a new fake ID, when they found out that the old ID the man was using belonged to a another man.
Veracity Voice: Where did they get the fake ID?
Employee: I do not know for sure, I heard that they went to some website run by the Federal government, and it provided Name Brands with a fake ID.
Veracity Voice: What do you think should be done with companies that choose to break the law as a regular part of doing business?
Employee: Again, arrest and prosecute the criminals, if law enforcement will not do their jobs, then Americans need to start fighting back by boycotting corporations like Name Brands that fragrantly and openly break the law. I mean these people act like it’s the turn of the 20th century or something; these anti-American globalists – at the end of the day that’s what these people really are – Name Brands conducts business like multinationals that run sweatshops all over the third world. They help create the culture of illegal behavior, by giving employment to illegals, which allows the illegals to stay in the city, drive vehicles without drivers licenses and insurance, use emergency Heath Services at taxpayer cost, they currently function ‘above the law’ and all accountability. Real Americans need to stand up against these criminals before they completely destroy this country.
Veracity Voice: Many in the business sector and in the political establishment will argue that the illegals fill jobs that Americans will not do, this reasoning is also pushed by the mainstream media, what do you say to this reasoning?
Employee: I think it is a false argument, I’ve seen with my own eyes Name Brands turn away Americans willing to work, in some cases desperate for a job, they are turned away in favor of hiring illegals. So, that kind of reasoning is nothing more than an illusion.
Veracity Voice: Some will charge you with racism for holding these views, how do you respond to this kind of slander?
Employee: It has been my experience that those that accuse people of being racist are in fact racists themselves. They falsely accuse others of being racist so they could push their nefarious agenda by smearing the reputations of those that are opposed to their mendacity and corruption. The charge of racism holds no water in the case of illegal immigration.
Veracity Voice: Why don’t you look for another job?
Employee: I am its not easy finding work these days. And if I quit, I probably will not be able to collect unemployment benefits if I can’t find a job.
Veracity Voice: Why?
Employee: Because Name Brands will fight against your right to obtain unemployment insurance, its company policy. They will send their managers to testify against your eligibility for unemployment benefits, and they will without any hesitation, lie and malign anyone applying for the benefits.
Veracity Voice: They have done this before, entered false information against former employees to the Unemployment Bureau?
Employee: Yes, many times, and they get away with that too, companies like Name Brands function ‘above the law,’ and it must stop now.
Veracity Voice: Thank you for your time.
Employee: You’re welcome.
The massive unrestrained flux in illegal immigration has changed the demographics of Tulsa, forcing many businesses to provide bilingual services, including city and state government services at great cost to the taxpayer. It is the ongoing balkanization of the city where east Tulsa is now known as little Mexico, a criminal and negative phenomenon that is currently occurring in many cities across the nation.
“I liken the economy to a car on a flat road that has no momentum. When you take your foot off the gas, the car just stops moving.” — Stephanie Pomboy, Interview Barron’s
If you follow the stock market, you probably think the economy is sizzling. But if bonds are your thing, then you probably think we’re still in recession.
So which is the better gauge of what’s going on in the real economy; stocks or bonds?
The bond market is more accurate. And recently, long-term yields have been dropping like a stone which is not a good sign for the economy. Investors seem to think that slow growth and low inflation are here to stay, and they could be right. According to Bloomberg, “Falling yields on longer-term Treasuries historically reflect periods of lackluster growth. Since 1960, they have predicted seven of the last eight recessions when 10-year yields fell below 3-month bill rates.” As of today, the benchmark 10-year UST is a dismal 2.44 percent.
The reason investors have been piling back into Treasuries is because is the labor market is weak and there’s no sign of inflation anywhere. When wages stagnate and incomes drop–as they have since the slump ended– then there’s no upward pressure on prices because everyone is making less dough, so there’s less demand, less growth and, hence, less inflation. Of course, Obama could have fixed the situation by holding off on slashing the deficits or by increasing the amount of stimulus in his fiscal package. That would have circulated more money into the economy boosting employment and revving up growth. But that would have put the economy back on its feet again which was not what he wanted. What he wanted was to grind working people into the ground by keeping the economy on life-support while his chiseling Wall Street buddies made out like bandits on the latest stock market bubble. The Wall Street Journal explains what’s going on:
“Bond yields are – once again – plunging worldwide. The reason for this revived buying among fixed-income investors is that central banks are – once again – signaling their intent to ease monetary conditions in yet another bid to kick-start sluggish economies and forestall a downward spiral in prices, or deflation. The prospect that central banks will continue to inject money into the world’s bond markets…has acted as a green light for the world’s bond buyers.”
So investors think the Fed will have to taper the “Taper” and start buying more government paper. But why?
Because they have no choice. Many of the usual buyers of US Treasuries have cut back on their monthly purchases or stopped buying altogether. That means that rates will have to rise to attract more buyers unless the Fed makes up the difference. Check out this blurb from Barron’s interview with Stephanie Pomboy:
“Foreigners are buying about $10 billion a month of Treasuries. This compares with deficit financing needs for the U.S. government of roughly $40 billion a month, based on this year’s deficit. So the Fed needs to pick up roughly $30 billion a month in slack. When the Fed slashed its buying to $25 billion, effective this month, it for the first time opened up a demand deficit for Treasuries. If they continue to taper, that gap will expand, and things could get bumpy in the Treasury market. Rates won’t go up five basis points before the Fed would start talking about more QE.” (Barrons Interview Posits Weak US Economy, Barron’s)
It’ll get bumpy alright, real bumpy. Higher rates will send housing and stocks into freefall. The Fed will have no choice but to step in to stop the bleeding.
The economy is already suffering from chronic lack of demand. Add higher rates to the mix, and cost-conscious consumers are going to cut back on everything from auto loans to nights-on-the-town. Yellen’s not going to let that happen. She’s going to come up with some cockamamie excuse for buying more USTs and hope-like-hell that wages and incomes rebound so she can start tapering again.
This illustrates the conceptual flaw in Central Bank policy. QE and zero rates are supposed to reduce the price of money, thereby enticing consumers to take out loans and spend like crazy. That, in turn, is supposed to generate more activity and stronger growth. But there’s a slight glitch to this theory, that is, consumers aren’t the brain-dead lab rats the Fed thinks they are. Most people don’t base their spending decisions on price alone. Sometimes, for example, it doesn’t make sense to borrow money no matter how cheap it is. The average working stiff doesn’t give a rip if he can get a loan at 3.5 percent when his credit card is already maxed out and the only job he can find is working graveyard at Jack in the Box. That guy doesn’t need more debt, he needs a decent paying job. Here’s how the managing partner of MBMG Group, Paul Gambles explained the phenom in an interview on CNBC:
“People and businesses are not inclined to borrow money during a downturn purely because it is made cheaper to do so. Consumers also need a feeling of job security and confidence in the economy before taking on additional borrowing commitments.” (Washington’s blog via Zero Hedge)
Bingo. Of course, the members of the Fed know that this whole “cheap money” thing is bogus, but they keep reiterating the same blather so they can keep the wampum flowing to their crooked friends on Wall Street. It’s worth noting that: since the end of the recession, “one-third of all income increases in this country went to just 16,000 households, 95 percent of it went to the top 1 percent, and the bottom 90 percent’s incomes fell, and they fell by 15 percent.”
In other words, the Fed knows exactly how QE works, (and who benefits) and it has nothing to do with extending credit to working people. That’s malarkey. It’s all about providing limitless liquidity for financial speculators so they can send stocks into the stratosphere and rake in record profits. Here’s a blurb from a piece by Zero Hedge that helps to illustrate what’s going on:
“According to the most recent CapitalIQ data, the single biggest buyer of stocks in the first quarter were none other than the companies of the S&P500 itself, which cumulatively repurchased a whopping $160 billion of their own stock in the first quarter!
Should the Q1 pace of buybacks persist into Q2 which has just one month left before it too enters the history books, the LTM period as of June 30, 2014 will be the greatest annual buyback tally in market history.” (Here Is The Mystery, And Completely Indiscriminate, Buyer Of Stocks In The First Quarter, Zero Hedge)
Why are companies buying shares of their own stock, you ask, when buybacks add no productive value to a company at all?
It’s because it gooses stock prices which makes shareholders happy. It’s a complete scam. And it’s a huge scam, too. Currently, total stock buybacks represent a whopping $4 trillion or 20 percent of the total stock market value. Just think of the walloping prices are going to take when these same shareholders decide it’s time to bail out? Look out below!
Now get a load of this clip from Action Forex:
“Disappointment over the pace of economic growth explains at least some of the downturn in yields. The U.S. economy very likely contracted in the first quarter of the year, perhaps by as much as 1.0% annualized … Even with a strong bounce back in the second quarter … – the average pace of growth in the first half of the year will be a tepid 2.0%, about the pace it’s been since the end of the recession…
The retrenchment in yields also reflects events abroad … However, there is perhaps another reason for the decline in yields that is more pernicious. There is the realization that even after the recovery has run its course, economic growth is likely to be slower than it has been in the past. Slower growth means that as the fed funds rate eventually moves off the floor, it will not go back to the 5.25% it was prior to the Great Recession or even the 4.0% it averaged over the quarter of a decade prior. Expectations of “lower forever”…increasingly appear to be built into longer-term interest rates.” (A year in the bond market, Action Forex)
Did you catch that part about “lower forever”?
What the author means is that the economy has reset at a lower level of activity and will not return to normal. This is an admission that the managers of the system have no intention of fixing what’s wrong; cleaning up the banks, writing down the debts, regulating the system, increasing workers buying power (boosting demand) or providing sustained fiscal stimulus until unemployment and growth are back where they should be. Instead, basic macro has been replaced with public relations, that is, a swindle that’s spearheaded by faux-liberal icons Krugman and Summers who are pushing the “secular stagnation” folderol which is just a lame excuse for maintaining the status quo plus a few anemic add-ons, like infrastructure projects. Big whoop. It’s all a fig leaf for maintaining the same wealth shifting monetary policies that are in place today.
So this is it? Are we really doomed to a future of high unemployment and slow growth?
The IMF seems to think so. Here’s an excerpt from an article by Nick Beams which gives a rundown on a recent IMF report that was ignored by the media. The article is titled “No end to economic breakdown”:
“Almost six years after the eruption of the global financial crisis, the International Monetary Fund has effectively ruled out any return to the economic growth rates that preceded September 2008.
Two major chapters of the IMF’s World Economic Outlook … provide a gloomy assessment of the state of the world economy. In the advanced economies, investment is falling as a proportion of gross domestic product (GDP), while in the “emerging markets,” there is no prospect for growth rates to return to pre-2007 levels.
The IMF notes that real interest rates have been declining since the 1980s and are “now in slightly negative territory.” But this has failed to boost productive investment. On the contrary, what it calls “scars” from the global financial crisis “have resulted in a sharp and persistent decline in investment in advanced economies.” Between 2008 and 2013, there was a two-and-a-half percentage point decline in the investment to GDP ratio in these countries. The report adds that ratios “in many advanced economies are unlikely to recover to pre-crisis levels in the next five years.”
This conclusion is of immense significance given the critical role of investment in the functioning of the capitalist economy … Investment…is the key driving force of capitalist economic growth … But if investment stagnates or declines, the circle turns vicious. This is what is now taking place.” IMF report: No end to economic breakdown (april), wsws
So no return to normal, after all. The American people are now facing a long period of high unemployment and slow growth that will shrink the middle class and change the country in ways we can hardly imagine. It’s unavoidable. It’s the policy.
NOTE: As this piece was going to press, the Wall Street Journal announced that “revised” First Quarter GDP contracted at a 0.6% annual rate. So while stocks have been setting records almost daily due to the massive injections of money from the Fed, the economy is steadily sliding towards recession.
Memorial Day is when we commemorate our war dead. Like the Fourth of July, Memorial Day is being turned into a celebration of war.
Those who lose family members and dear friends to war don’t want the deaths to have been in vain. Consequently, wars become glorious deeds performed by noble soldiers fighting for truth, justice, and the American way. Patriotic speeches tell us how much we owe to those who gave their lives so that America could remain free.
The speeches are well-intentioned, but the speeches create a false reality that supports ever more wars. None of America’s wars had anything to do with keeping America free. To the contrary, the wars swept away our civil liberties, making us unfree.
President Lincoln issued an executive order for the arrest and imprisonment of northern newspaper reporters and editors. He shut down 300 northern newspapers and held 14,000 political prisoners. Lincoln arrested war critic US Representative Clement Vallandigham from Ohio and exiled him to the Confederacy. President Woodrow Wilson used WWI to suppress free speech, and President Franklin D. Roosevelt used WWII to intern 120,000 US citizens of Japanese descent on the grounds that race made them suspect. Professor Samuel Walker concluded that President George W. Bush used the “war on terror” for an across the board assault on US civil liberty, making the Bush regime the greatest danger American liberty has ever faced.
Lincoln forever destroyed states’ rights, but the suspension of habeas corpus and free speech that went hand in hand with America’s three largest wars was lifted at war’s end. However, President George W. Bush’s repeal of the Constitution has been expanded by President Obama and codified by Congress and executive orders into law. Far from defending our liberties, our soldiers who died in “the war on terror” died so that the president can indefinitely detain US citizens without due process of law and murder US citizens on suspicion alone without any accountability to law or the Constitution.
The conclusion is unavoidable that America’s wars have not protected our liberty but, instead, destroyed liberty. As Alexander Solzhenitsyn said, “A state of war only serves as an excuse for domestic tyranny.”
Southern secession did pose a threat to Washington’s empire, but not to the American people.Neither the Germans of WWI vintage nor the Germans and Japanese of WWII vintage posed any threat to the US. As historians have made completely clear, Germany did not start WWI and did not go to war for the purpose of territorial expansion. Japan’s ambitions were in Asia. Hitler did not want war with England and France. Hitler’s territorial ambitions were mainly to restore German provinces stripped from Germany as WWI booty in violation of President Wilson’s guarantees. Any other German ambitions were to the East. Neither country had any plans to invade the US. Japan attacked the US fleet at Pearl Harbor hoping to remove an obstacle to its activities in Asia, not as a precursor to an invasion of America.
Certainly the countries ravaged by Bush and Obama in the 21st century–Iraq, Afghanistan, Libya, Somalia, Syria, Pakistan, and Yemen posed no military threat to the US. Indeed, these were wars used by a tyrannical executive branch to establish the basis of the Stasi State that now exists in the US.
The truth is hard to bear, but the facts are clear. America’s wars have been fought in order to advance Washington’s power, the profits of bankers and armaments industries, and the fortunes of US companies. Marine General Smedley Butler said, “ I served in all commissioned ranks from a second Lieutenant to a Major General. And during that time, I spent most of my time being a high-class muscle man for Big Business, for Wall Street, and for the bankers. In short, I was a racketeer for capitalism.”
It is more or less impossible to commemorate the war dead without glorifying them, and it is impossible to glorify them without glorifying their wars.
For the entirety of the 21st century the US has been at war, not war against massed armies or threats to American freedom, but wars against civilians, against women, children, and village elders, and wars against our own liberty. Elites with a vested interest in these wars tell us that the wars will have to go on for another 20 to 30 years before we defeat “the terrorist threat.”
This, of course, is nonsense. There was no terrorist threat until Washington began trying to create terrorists by military attacks, justified by lies, on Muslim populations.
Washington succeeded with its war lies to the point that Washington’s audacity and hubris have outgrown Washington’s judgment.
By overthrowing the democratically elected government in Ukraine, Washington has brought the United States into confrontation with Russia. This is a confrontation that could end badly, perhaps for Washington and perhaps for the entire world.
If Gaddafi and Assad would not roll over for Washington, why does Washington think Russia will? Russia is not Libya or Syria. Washington is the bully who having beat up the kindergarden kid, now thinks he can take on the college linebacker.
The Bush and Obama regimes have destroyed America’s reputation with their incessant lies and violence against other peoples. The world sees Washington as the prime threat.
Worldwide polls consistently show that people around the world regard the US and Israel as the two countries that pose the greatest threat to peace. http://www.ibtimes.com/gallup-poll-biggest-threat-world-peace-america-1525008 and
The countries that Washington’s propaganda declares to be “rogue states” and the “axis of evil,” such as Iran and North Korea, are far down the list when the peoples in the world are consulted. It could not be more clear that the world does not believe Washington’s self-serving propaganda. The world sees the US and Israel as the rogue states.
The US and Israel are the only two countries in the world that are in the grip of ideologies. The US is in the grip of the Neoconservative ideology which has declared the US to be the “exceptional, indispensable country” chosen by history to exercise hegemony over all others. This ideology is buttressed by the Brzezinski and Wolfowitz doctrines that are the basis of US foreign policy.
The Israeli government is in the grip of the Zionist ideology that declares a “greater Israel” from the Nile to the Euphrates. Many Israelis themselves do not accept this ideology, but it is the ideology of the “settlers” and those who control the Israeli government.
Ideologies are important causes of war. Just as the Hitlerian ideology of German superiority is mirrored in the Neoconservative ideology of US superiority, the Communist ideology that the working class is superior to the capitalist class is mirrored in the Zionist ideology that Israelis are superior to Palestinians. Zionists have never heard of squatters’ rights and claim that recent Jewish immigrants into Palestine–invaders really–have the right to land occupied by others for millenniums.
Washington’s and Israel’s doctrines of superiority over others do not sit very well with the ”others.” When Obama declared in a speech that Americans are the exceptional people, Russia’s President Putin responded, “God created us all equal.”
To the detriment of its population, the Israeli government has made endless enemies. Israel has effectively isolated itself in the world. Israel’s continued existence depends entirely on the willingness and ability of Washington to protect Israel. This means that Israel’s power is derivative of Washington’s power.
Washington’s power is a different story. As the only economy standing after WWII, the US dollar became the world money. This role for the dollar has given Washington financial hegemony over the world, the main source of Washington’s power. As other countries rise, Washington’s hegemony is imperiled.
To prevent other countries from rising, Washington invokes the Brzezinski and Wolfowitz doctrines. To be brief, the Brzezinski doctrine says that in order to remain the only superpower, Washington must control the Eurasian land mass. Brzezinski is willing for this to occur peacefully by suborning the Russian government into Washington’s empire. ”A loosely confederated Russia . . . a decentralized Russia would be less susceptible to imperial mobilization.” In other words, break up Russia into associations of semi-autonomous states whose politicians can be suborned by Washington’s money.
Brzezinski propounded “a geo-strategy for Eurasia.” In Brzezinski’s strategy, China and “a confederated Russia” are part of a “transcontinental security framework,” managed by Washington in order to perpetuate the role of the US as the world’s only superpower.
I once asked my colleague, Brzezinski, that if everyone was allied with us, who were we organized against? My question surprised him, because I think that Brzezinski remains caught up in Cold War strategy even after the demise of the Soviet Union. In Cold War thinking it was important to have the upper hand or else be at risk of being eliminated as a player. The importance of prevailing became all consuming, and this consuming drive survived the Soviet collapse. Prevailing over others is the only foreign policy that Washington knows.
The mindset that America must prevail set the stage for the Neoconservatives and their 21st century wars, which, with Washington’s overthrow of the democratically elected government of Ukraine, has resulted in a crisis that has brought Washington into direct conflict with Russia.
I know the strategic institutes that serve Washington. I was the occupant of the William E.Simon Chair in Political Economy, Center for Strategic and International Studies, for a dozen years. The idea is prevalent that Washington must prevail over Russia in Ukraine or Washington will lose prestige and its superpower status.
The idea of prevailing always leads to war once one power thinks it has prevailed.
The path to war is reinforced by the Wolfowitz Doctrine. Paul Wolfowitz, the neoconservative intellectual who formulated US military and foreign policy doctrine, wrote among many similar passages:
“Our first objective is to prevent the re-emergence of a new rival, either on the territory of the former Soviet Union or elsewhere [China], 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.”
In the Wolfowitz Doctrine, any other strong country is defined as a threat and a power hostile to the US regardless of how willing that country is to get along with the US for mutual benefit.
The difference between Brzezinski and the Neoconservatives is that Brzezinski wants to suborn Russia and China by including them in the empire as important elements whose voices would be heard, If only for diplomatic reasons, whereas the Neoconservatives are prepared to rely on military force combined with internal subversion orchestrated with US financed NGOs and even terrorist organizations.
Neither the US nor Israel is embarrassed by their worldwide reputations as the two countries that pose the greatest threat. In fact, both countries are proud to be recognized as the greatest threats. The foreign policy of both countries is devoid of any diplomacy. US and Israeli foreign policy rests on violence alone. Washington tells countries to do as Washington says or be “bombed into the stone age.” Israel declares all Palestinians, even women and children, to be “terrorists,” and proceeds to shoot them down in the streets, claiming that Israel is merely protecting itself against terrorists. Israel, which does not recognize the existence of Palestine as a country, covers up its crimes with the claim that Palestinians do not accept the existence of Israel.
“We don’t need no stinking diplomacy. We got power.”
This is the attitude that guarantees war, and that is where the US is taking the world. The prime minister of Britain, the chancellor of Germany, and the president of France are Washington’s enablers. They provide the cover for Washington. Instead of war crimes, Washington has “coalitions of the willing” and military invasions that bring “democracy and women’s rights” to non-compliant countries.
China gets much the same treatment. A country with four times the US population but a smaller prison population, China is constantly criticized by Washington as an “authoritarian state.” China is accused of human rights abuses while US police brutalize the US population.
The problem for humanity is that Russia and China are not Libya and Iraq. These two countries possess strategic nuclear weapons. Their land mass greatly exceeds that of the US. The US, which was unable to successfully occupy Baghdad or Afghanistan, has no prospect of prevailing against Russia and China in conventional warfare. Washington will push the nuclear button. What else can we expect from a government devoid of morality?
The world has never experienced rogue states comparable to Washington and Israel. Both governments are prepared to murder anyone and everyone. Look at the crisis that Washington has created in Ukraine and the dangers thereof. On May 23, 2014, Russia’s President Putin spoke to the St. Petersburg International Economic Forum, a three-day gathering of delegations from 62 countries and CEOs from 146 of the largest Western corporations.
Putin did not speak of the billions of dollars in trade deals that were being formalized. Instead Putin spoke of the crisis that Washington had brought to Russia, and he criticized Europe for being Washington’s vassals for supporting Washington’s propaganda against Russia and Washington’s interference in vital Russian interests.
Putin was diplomatic in his language, but the message that powerful economic interests from the US and Europe received is that it will lead to trouble if Washington and European governments continue to ignore Russia’s concerns and continue to act as if they can interfere in Russia’s vital interests as if Russia did not exist.
The heads of these large corporations will carry this message back to Washington and European capitals. Putin made it clear that the lack of dialogue with Russia could lead to the West making the mistake of putting Ukraine in NATO and establishing missile bases on Russia’s border with Ukraine. Putin has learned that Russia cannot rely on good will from the West, and Putin made it clear, short of issuing a threat, that Western military bases in Ukraine are unacceptable.
Washington will continue to ignore Russia. However, European capitals will have to decide whether Washington is pushing them into conflict with Russia that is against European interests. Thus, Putin is testing European politicians to determine if there is sufficient intelligence and independence in Europe for a rapprochement.
If Washington in its overbearing arrogance and hubris forces Putin to write off the West, the Russian/Chinese strategic alliance, which is forming to counteract Washington’s hostile policy of surrounding both countries with military bases, will harden into preparation for the inevitable war.
The survivors, if any, can thank the Neoconservatives, the Wolfowitz doctrine, and the Brzezinski strategy for the destruction of life on earth.
The American public contains a large number of misinformed people who think they know everything. These people have been programmed by US and Israeli propaganda to equate Islam with political ideology. They believe that Islam, a religion, is instead a militarist doctrine that calls for the overthrow of Western civilization, as if anything remains of Western civilization.
Many believe this propaganda even in the face of complete proof that the Sunnis and Shi’ites hate one another far more than they hate their Western oppressors and occupiers. The US has departed Iraq, but the carnage today is as high or higher than during the US invasion and occupation. The daily death tolls from the Sunni/Shi’ite conflict are extraordinary. A religion this disunited poses no threat to anyone except Islamists themselves. Washington successfully used Islamist disunity to overthrow Gaddafi, and is currently using Islamist disunity in an effort to overthrow the government of Syria. Islamists cannot even unite to defend themselves against Western aggression. There is no prospect of Islamists uniting in order to overthrow the West.
Even if Islam could do so, it would be pointless for Islam to overthrow the West. The West has overthrown itself. In the US the Constitution has been murdered by the Bush and Obama regimes. Nothing remains. As the US is the Constitution, what was once the United States no longer exists. A different entity has taken its place.
Europe died with the European Union, which requires the termination of sovereignty of all member countries. A few unaccountable bureaucrats in Brussels have become superior to the wills of the French, German, British, Italian, Dutch, Spanish, Greek, and Portuguese peoples.
Western civilization is a skeleton. It still stands, barely, but there is no life in it. The blood of liberty has departed. Western peoples look at their governments and see nothing but enemies. Why else has Washington militarized local police forces, equipping them as if they were occupying armies? Why else has Homeland Security, the Department of Agriculture, and even the Postal Service and Social Security Administration ordered billions of rounds of ammunition and even submachine guns? What is this taxpayer-paid-for arsenal for if not to suppress US citizens?
As the prominent trends forecaster Gerald Celente spells out in the current Trends Journal, “uprisings span four corners of the globe.” Throughout Europe angry, desperate and outraged peoples march against EU financial policies that are driving the peoples into the ground. Despite all of Washington’s efforts with its well funded fifth columns known as NGOs to destabilize Russia and China, both the Russian and Chinese governments have far more support from their people than do the US and Europe.
In the 20th century Russia and China learned what tyranny is, and they have rejected it.
In the US tyranny has entered under the guise of the “war on terror,” a hoax used to scare the sheeple into abandoning their civil liberties, thus freeing Washington from accountability to law and permitting Washington to erect a militarist police state. Ever since WWII Washington has used its financial hegemony and the “Soviet threat,” now converted into the “Russian threat,” to absorb Europe into Washington’s empire.
Putin is hoping that the interests of European countries will prevail over subservience to Washington. This is Putin’s current bet. This is the reason Putin remains unprovoked by Washington’s provocations in Ukraine.
If Europe fails Russia, Putin and China will prepare for the war that Washington’s drive for hegemony makes inevitable.
Paul Craig Roberts was Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal. He was columnist for Business Week, Scripps Howard News Service, and Creators Syndicate. He has had many university appointments. His internet columns have attracted a worldwide following. His latest books are, The Failure of Laissez Faire Capitalism and How America Was Lost. http://www.paulcraigroberts.org/
With the FCC policy to allow a two-speed internet, the die is cast that corporate favoritism is the focus of government, as Internet 2 accelerates to replace the network that has served the public so well for decades. Internet 2 turns 15, asks. Has it delivered on its promise?
“Internet 2 was created by 34 university research institutions in 1996, when the commercial and non-commercial branches of the Internet’s evolutionary tree split off and went their separate ways. The mission of Internet 2 was to provide reliable, dedicated bandwidth to support the ever-growing demands of the research and educational communities, and in doing so, to develop technologies that would advance the state of the ‘commodity’ Internet.”
As major ventures like the 16 Major Technology Companies Announce Cloud Service Partnerships to Benefit the Nation’s Universities, collaborate to control and store the data stream certainly benefits the corporatist economy, but significantly reduces if not eliminates the independence of personal choices on the web. Make no mistake about it, the big tech giants are so deep in bed with government dominance freaks, that advancing opportunities for constructive commerce would be a mere byproduct to the new system.
Can two different internet platform steams coexist? Do not confuse the rise of the “Social Internet” with the higher speed gateway IN2 interconnect. Intra academic connect-ability is poised to include the next generation of corporate affiliations. With this association, the quaint notion of academic freedom will never pass the algorithm test.
The recent EU Court Decision in Google Search Info Removal Case Appalls Analysts article is a warning of restrictions to come.
“A court decision in the European Union that could force Google to remove offensive information in searches at the request of individuals is receiving harsh criticism from IT analysts who say that such a policy could ultimately diffuse the credibility of the Internet itself.”
In an Internet 2 environment, the influence of government lawmakers, agencies and courts will be far more prevalent then the experience that seldom blocked “Politically Incorrect” results. Any surfer of the search engines knows that restricting, and even eliminating, content once freely accessed, has become routine. Today a Google search (both text and images) provides sites that restrict outcomes that were once available. Imagine the greater degree of limitations under a supervised bureaucratic culture that relegates critical conclusions of the governance society under Internet 2.
Whenever the corporatists see the prospects to carve out, more efficient monopolies, they seize the opportunity. The deist’s that idolize the synergism partnership of the corporate-state, play into the hands of the non-compete economy.
Townhall the NeoCon publication maintains a political partisan position in the article, Neutrality Nuts Won’t Be Happy Until Government Controls the Internet. Author Phil Kerpen criticizes the Free Press opposition to the FCC endorsement of a paid priority internet.
“Together we’ll dance, drum and shout that the agency must throw out its destructive plan and reclassify broadband as a telecommunications service. This is the only way to restore real Net Neutrality.”
“Restore” is an odd word choice, because the reclassification of broadband Internet as a Title II telecommunications service, also known, ironically, as POTS (Plain Old Telephone Service), would bring about total government economic control on the Internet that has never previously existed.”
Now where do you suppose the corporatist will come down on greater regulation? Yep, you guessed it! When you write the legislation and dominate the lobbying of regulators, squeezing out the upstarts or free market entrepreneurs, is right up your alley.
Assigning utility status to the Internet, especially when the U.S. is on the path to turn over administration of the International Corporation for Assigned Names and Numbers (ICANN), to international control, is another step to total global Corporatocracy.The introduction of an Internet 2 connection will foster requirements for playing in the sandbox of the tech titans. Opine all you want, the need for speed comes at a great price, far more than just financial changes. A mobile world of ads and trivia breeds functional illiterates. Texting is not a skill, but a curse.
Burying an uncensored internet is the goal that corporate governance wants. Their draconian design for an OpenID Connect may usher in a new era of federated online identity, is part of the Internet 2 wish list.
“Here’s the nut of this issue: governments need ways to authenticate the growing numbers of citizens going online to access digital services. Around the globe, hundreds of millions of people want digital services, increasingly provided through connected mobile devices. For instance, just think about renewing a driver’s license or passport, reserving space in public parks, or accessing records.Driven by policy needs and political realities, the Obama administration put forward a National Strategy for Trusted Identities in Cyberspace (NSTIC) in 2011 that adopted a federated approach to online identity, enabling people to use a validated identity from a private entity to identify themselves to government. Governments verify and validate identity providers under trust frameworks. After years of development, NSTIC pilots for federated identity are now being tested in Michigan and Pennsylvania, along with other locales and agencies.”
After inducing the public into accepting the promises of anytime video steaming, the Internet 2 future will suck in the instant gratification set, while relegating the cost conscience consumer into a second-class existence. Once critical mass is established, and the package of greater government regulation is in place, the plug is ready for pulling free expressive content at will. When DAPRA funded the research that developed the crucial internet protocols, and CERN contributed to making information exchange more efficient, the world was not able to demand a digital identity for every inhabitant.So much of world commerce, now conducted on the internet, necessitates that the corporate elites want their government agents to safeguard their financial interests, often at the sacrifice of personal liberty. Hence, the overwhelming need for balance at every stage of transition in the Internet, so that individual rights are as protected for the public as for business.
In 2008, Houston police pulled over CIA agent Roland Carnaby on what appeared to be a routine traffic stop. A few seconds later, Carnaby was dead.
It is illegal to detain a CIA agent under any circumstances. They may carry any weapon, anywhere, anytime, and request assistance from any law enforcement official with more than certainty.
Why then would this incident be part of a highly classified Russian intelligence report? Could it, perhaps, be that Carnaby, answering directly to former President and CIA Director, George H.W. Bush, was murdered to silence his participation in the theft and sale of American nuclear warheads?
Carnaby was holding a trove of documents outlining the theft and transfer of hundreds of nuclear warheads from the Pantex Plant near Amarillo, Texas. Weapons sent there for disassembly were transshipped to Israel and, from there, refurbished, their cores remachined and then sold around the world or stored in Israeli embassies and consulates around the world.
The Russian report outlines a very different view of the past 30 years, a “view” that “fits like a glove.”
DIMONA OUT OF ACTION
The report not only confirms Israel’s nuclear weapon inventory but outlines the program of subterfuge and piracy required to keep Israel as a nuclear power after their facility at Dimona suffered a critical “event” in 1988.
“Dimona is a standard 75-megawatt thermal open top reactor as used in France for their plutonium weapons production program, their version of Stanford (Editor’s note: Probably “Hanford”).
Due to overuse as a fast breeder reactor by the Israelis, Dimona suffered a “steam explosion” IE a flash over indecent due to neutron criticality back in the late 1980′s under Bush 1. This shut down its operation for many years until repairs could be made.
It know only operates at very low power levels due to neutron absorption damage to the containment vessel. Now mainly use for isotope production. This forced the Israelis to turn to stolen nuclear stockpiles from the US for the continuation of their nuclear program.”
The highly classified Russian report, released, experts believe, to demonstrate American hypocrisy over recent events in the Ukraine, is a litany of horror stories. If this is a “first shot over the bow” by Russian intelligence, American officials can only dread what may be to come.
48 hours ago, the retired chief of Russia’s counter-intelligence effort for the Middle East released a highly classified report designed to embarrass the United States and demonstrate their servitude to Israel and complicity in broad acts of nuclear proliferation.
The report, loaded with “shock value” intelligence and backed by reams of supporting documents including classified nuclear weapons plans demonstrated that Russia has been able to maintain a high level of penetration of not just American nuclear weapons labs but security agencies as well.
ROUND ONE, 9/11
The report, carefully structured for maximum shock value, begins with 9/11, the watershed event of our era:
“The type of nuclear devices used on 911 were a modified version of the W-54 nuclear artillery shells that were covertly provided to the Israelis between 1988 and 1998 from US surplus stockpiles illegally exported during the Bush/Clinton era.
Chemical analysis done by DOE Sandi was able to identify the chemical/radiation footprint or fingerprint of the warheads based on samples taken after 911 of the fallout at ground zero.”
According to the report, 911 was an Israeli operation facilitated by blackmail of Bush 41 and 43, threatening them with “outing” for their personal financial involvement in the sale of 350 primarily w54 nuclear artillery rounds, sold through Israel but distributed to a number of nations.
The Russian report further outlines that NATO partners, particularly Britain and France, were involved every step of the way. 911 was cover for stolen gold, stock fraud and the looting of the American economy. The “wars for profit” were the Bush boys cashing in on their own.
THE “HOW” OF 911
A number of theories have been introduced to explain the mysterious effects seen at ground zero on 9/11. In an article on the Press TV website, evidence of a widespread cover-up of an epidemic of radiation exposure-related cancers tied to 9/11, was presented.
Not only has Russia confirmed the Press TV findings, they present evidence of nuclear weapons use, evidence from a suppressed report based on findings by the Department of Energy’s Sandia Laboratories.
“Only a 2 kiloton device was needed to drop the buildings. A 2 kiloton device will produce a fireball of apx 150 to 200 feet in diameter at over 4000 degrees Centigrade. Just large enough to melt the I beams of the central core of the building and drop them in place. The light flash would last less than 1 second and primarily be in the UV light range. Overpressure would only be at 60PSI max and directed upwards with the blast.
Fallout would be minimal and located to within ground zero range only. Radiation would drop to acceptable levels within 72 hrs. after the blast. Most fall out was trapped in the cement dust thus causing all of the recent cancer deaths that we are now seeing in NYC amongst first responders.”
The report continues with details that close the door on speculation about 9/11, putting an end to conspiracy theories and, in particular, the wildest one of all, the pseudo-science fairy tale broadly rejected by the 9/11 Commission but allowed to stand as America descended into an Islamophobic frenzy.
“Fallout would be minimal and located to within ground zero range only. Radiation would drop to acceptable levels within 72 hrs. after the blast. Most fall out was trapped in the cement dust thus causing all of the recent cancer deaths that we are now seeing in NYC amongst first responders.
Melted steel and iron oxide or “nano thermite” is a byproduct of the very high gamma ray / Neutron flux induced into the central steel core. The radiation dissolves the steel into iron oxide consuming the carbon and silicone in the steel.”
This explains the missing steel columns and the very important clue of the “vaporized” 20 ton antenna tower atop the south tower. The upward blast of radiation literally vaporized it. Video evidence proves this to be true.
The total (redacted) data file from DOE Sandia on the 911 event is well over 72 MB. “P.S. Snowden didn’t have a Q clearance so he missed this one.”
The scope of the Bush/Cheney/Israeli nuclear proliferation operation, according to the report, is well beyond anything imagined. Here, Russia places the blame, naming not only Vice President Dick Cheney and former White House Chief of Staff Ram Emanuel but Tom Countryman, tasked, according to Russian sources, with actually managing the program that spread nuclear weapons to Brazil, North and South Korea, Saudi Arabia and a number of other nations.
“Illegal distribution of US nuclear material to foreign allies was not limited to Israel. Virtually all NATO allies were in on this scam too. Dick Cheney was the bad guy on this one. Bush2/Cheney traded nuclear pits to foreign country as IOU’s in order to get what they wanted. Tom Countryman a well-known Israeli operative is curiously now in charge of N.N.P. at the State Department under Obama. He was put there by Ram Emanuel.”
REACTIVATING “DEAD NUKES”
Only nuclear weapons that had deteriorated but could be recommissioned were of use to Israel. The Russian report outlines the basis for selecting the W-54 warhead and exacting details on how weapons were created out of America’s “nuclear scrap heap.”
“A total of over 350 pits were transferred to the Israelis over a 10 to 20 year period of time. The W-54 type of pit design were the most desirable due to the 2 point implosion pit design. This is the easiest to re manufacture and modify as compared to other circular pit designs.
The pill shaped design of the W-54 type weapon contains over 1.5 times more plutonium than a standard pit. This would allow enough Plutonium to be recovered that was still of weapons grade use even after 32 plus years of age. Americium build up in the pit over time eventually makes the Pit unusable as a weapon so they have a limited shelf life based on how fast or slow the Plutonium was produce in the reactor at Stanford.
Usually it was about 150 days max. Irradiation time in the reactor during production determines the shelf life of the pit as weapons grade material. All of the micro nukes used by the Israelis are re-manufactured W-54 type series devices.”
According to the Russian report, Israel used remanufactured W-54 warheads, reconfigured as micro-nukes, for terror bombings in Bali, London and to destroy the Fukashima nuclear reaction site in Japan.
With weapons around the world, stored in embassies and consulates, and their powerful friends in the American “right,” Israel has managed to maintain nuclear superpower status without a real production facility, using only pirates and traitors, something America, according to our Russian sources, seems to have no shortage of.
Gordon Duff is a Marine Vietnam veteran, a combat infantryman, and Senior Editor at Veterans Today. His career has included extensive experience in international banking along with such diverse areas as consulting on counter insurgency, defense technologies or acting as diplomatic representative for UN humanitarian and economic development efforts. Gordon Duff has traveled to over 80 nations. His articles are published around the world and translated into a number of languages. He is regularly on TV and radio, a popular and sometimes controversial guest.
Source: Veterans Today | Press TV
“Comrade Wolf knows who to eat, and he eats without listening to anyone.” – Russian President Vladimir Putin referring to the United States…
The Ukraine crisis has its roots in a policy that dates back nearly 20 years. The origins of the policy can be traced to a 1997 article in Foreign Policy magazine by Zbigniew Brzezinski, titled “A Geostrategy for Eurasia.” The article makes the case that the United States needs to forcefully establish itself in Central Asia in order to maintain its position as the world’s only superpower. While many readers may be familiar with Brzezinski’s thinking on these matters, they might not know what he has to say about Russia, which is particularly illuminating given that the recent uptick in violence has less to do with Ukraine than it does with Washington’s proxy-war on Russia. Here’s what Brzezinski says:
“Russia’s longer-term role in Eurasia will depend largely on its self-definition…Russia’s first priority should be to modernize itself rather than to engage in a futile effort to regain its status as a global power. Given the country’s size and diversity, a decentralized political system and free-market economics would be most likely to unleash the creative potential of the Russian people and Russia’s vast natural resources. A loosely confederated Russia — composed of a European Russia, a Siberian Republic, and a Far Eastern Republic — would also find it easier to cultivate closer economic relations with its neighbors. Each of the confederated entitles would be able to tap its local creative potential, stifled for centuries by Moscow’s heavy bureaucratic hand. In turn, a decentralized Russia would be less susceptible to imperial mobilization.” Zbigniew Brzezinski, A Geostrategy for Eurasia, Foreign Affairs, 76:5, September/October 1997.
So is this the goal of US policy, to create “A loosely confederated Russia” whose economy can be subsumed into America’s market-based system?
Notice how easily Brzezinski chops Russia into smaller, bite-size statelets that pose no threat to US imperial expansion. Brzezinski undoubtedly envisions a Russia that will sell its vast resources in petrodollars and recycle them into US Treasuries further enriching the corrupt rent-skimmers in Washington and Wall Street. He foresees a Russia that will abdicate its historic role in the world and have no say-so in shaping global policy. He imagines a compliant Russia that will help facilitate US imperial ambitions in Asia, even to the point where it will pay to police its own people on behalf of US oligarchs, weapons manufacturers, oil magnates, and 1 percenters. Here’s the paragraph in Brzezinski’s piece that sums up Washington’s objectives in Ukraine, Russia and beyond. It is fittingly headlined with the following words in bold print:
“Defining the substance and institutionalizing the form of a trans-Eurasian security system could become the major architectural initiative of the next century. The core of the new transcontinental security framework could be a standing committee composed of the major Eurasian powers, with America, Europe, China, Japan, a confederated Russia, and India collectively addressing critical issues for Eurasia’s stability. The emergence of such a transcontinental system could gradually relieve America of some of its burdens, while perpetuating beyond a generation its decisive role as Eurasia’s arbitrator. Geostrategic success in that venture would be a fitting legacy to America’s role as the first and only global superpower.” Zbigniew Brzezinski, “A Geostrategy for Eurasia,” Foreign Affairs
Translation: The United States will police the world, dispatch troublemakers, and eliminate potential threats wherever it finds them. It will impose its neoliberal dogma (Austerity, privatization, structural adjustment, anti labor reforms, etc) across-the-board and on all participants. Also, minor partners–”Europe, China, Japan, a confederated Russia, and India”–will be expected to provide security for their own people at their own expense in order to “relieve America of some of its burdens.”
Nice, eh? So you even have to pay for your own jailers.
And what is “Transcontinental Security” anyway? Isn’t it just a fancy way of saying “one world government”?
Indeed, it is. It’s the very same thing. Here’s more from Brzezinski:
“Failure to widen NATO…would shatter the concept of an expanding Europe… Worse, it could reignite dormant Russian political aspirations in Central Europe.”
This is an oddly convoluted statement. In the first sentence, Brzezinski supports the idea of an “expanding Europe”, and then in the next breath, he worries that Russia might want to do the same thing. It’s another case of the pot calling the kettle black.
What’s clear, is that –in Brzezinski’s mind– EU and NATO expansion will help Washington achieve its hegemonic aspirations. That’s all that matters. Here’s what he says:
“Europe is America’s essential geopolitical bridgehead in Eurasia…A wider Europe and an enlarged NATO will serve the short-term and longer-term interests of U.S. policy… A politically defined Europe is also essential to Russia’s assimilation into a system of global cooperation.”
“Bridgehead”? In other words, Europe is just a means to an end. But what would that “end” be?
Global domination. Isn’t that what he’s talking about?
Of course, it is.
What makes the Ukrainian crisis so hard to understand, is that the media conceals the policy behind the impenetrable fog of daily events. Once the fog lifts though, it’s easy to see who’s causing all the trouble. It’s the party that’s calling the shots from abroad, the good old US of A.
Putin doesn’t want this war and neither do most Ukrainians. The whole thing was conjured up by Uncle Sam and his minions to stop the flow of Russian gas to Europe, to push NATO further eastward, and to break the Russian Federation into little pieces. That’s what it’s really all about. And these madmen are willing to raze Ukraine to the ground and kill every living organism within a 3,000 mile radius of Kiev to get their way. After all, isn’t that what they did in Iraq? They sure did. And did I mention that, according to this week’s Wall Street Journal, “Iraq’s Oil Output Surged to Highest Level in Over 30 Years” with all the usual suspects raking in hefty profits.
The point is, if they’d did it in Iraq, they’ll do it in Ukraine too. Because what Washington cares about is constituents not carnage. Carnage they can handle.
Brzezinski is not the only one supporting the current policy either. There’s also fellow traveler, Hillary Clinton. In fact, it was Secretary of State Clinton who first used the term “pivot” in a 2011 article in Foreign Policy Magazine titled “America’s Pacific Century”. Clinton’s op-ed described a “rebalancing” plan that would open up new markets to US corporations and Wall Street, control the flow of vital resources, and “forge a broad-based military presence” across the continent. Here’s an excerpt from the text of Clinton’s seminal speech:
“The future of politics will be decided in Asia, not Afghanistan or Iraq, and the United States will be right at the center of the action.
As the war in Iraq winds down and America begins to withdraw its forces from Afghanistan, the United States stands at a pivot point. Over the last 10 years, we have allocated immense resources to those two theaters. In the next 10 years, we need to be smart and systematic about where we invest time and energy, so that we put ourselves in the best position to sustain our leadership, secure our interests, and advance our values. One of the most important tasks of American statecraft over the next decade will therefore be to lock in a substantially increased investment — diplomatic, economic, strategic, and otherwise — in the Asia-Pacific region…
Harnessing Asia’s growth and dynamism is central to American economic and strategic interests and a key priority for President Obama. Open markets in Asia provide the United States with unprecedented opportunities for investment, trade, and access to cutting-edge technology…..American firms (need) to tap into the vast and growing consumer base of Asia…The region already generates more than half of global output and nearly half of global trade. As we strive to meet President Obama’s goal of doubling exports by 2015, we are looking for opportunities to do even more business in Asia…
…as I talk with business leaders across our own nation, I hear how important it is for the United States to expand our exports and our investment opportunities in Asia’s dynamic markets.” (“America’s Pacific Century”, Secretary of State Hillary Clinton”, Foreign Policy Magazine, 2011)
“Harnessing Asia’s growth and dynamism is central to American economic and strategic interests and a key priority for President Obama”?
Does that sound like someone who wants to cultivate a mutually-beneficial relationship with their trading partners or someone who wants to move in, take over and run the show?
Washington’s plan to shift its attention from the Middle East to Asia is all about money. Clinton even says so herself. She says, “The region generates more than half of global output and nearly half of global trade…Asia’s markets … provide the United States with unprecedented opportunities for investment, trade, and…a vast and growing consumer base.”
Money, money, money. The upside-profit potential is limitless which is why Madame Clinton wants to plant Old Glory right in “the center of the action”, so US corporations can rake in the dough without fear of reprisal.
Brzezinski says the same thing in his magnum opus “The Grand Chessboard” Here’s an excerpt:
“A power that dominates Eurasia would control two of the world’s three most advanced and economically productive regions. A mere glance at the map also suggests that control over Eurasia would almost automatically entail Africa’s subordination, rendering the Western Hemisphere and Oceania (Australia) geopolitically peripheral to the world’s central continent. About 75 per cent of the world’s people live in Eurasia, and most of the world’s physical wealth is there as well, both in its enterprises and underneath its soil. Eurasia accounts for about three-fourths of the world’s known energy resources.” (Zbigniew Brzezinski, “The Grand Chessboard: American Primacy And It’s Geostrategic Imperatives”, page 31)
Get the picture? It’s a gold rush! Having successfully looted every last farthing from the battered US middle class and left the economy in a ghastly shambles, Brzezinski, Clinton and Co. are headed for greener pastures in Central Asia, home of the world’s largest oil producing nation, boundless reserves in the Caspian Basin, and zillions of voracious consumers who’ll need everything from I Pads to leisure wear, all graciously provided by US-owned corporations. Cha-ching!
So don’t get tripped up on the daily events in Ukraine. This isn’t a clash between pro-government forces and anti-government activists. This is the next big phase of Washington’s plan to conquer the world, a plan that will inevitably pit Moscow against the amassed military power of the United States of America. This is David vs. Goliath, Mother Russia vs. the Great Satan, Vladie Putin vs. Comrade Wolf.
Ukraine is just Round 1.
China is an economic powerhouse. It’s the world’s second largest economy. It’s heading for number one status.
Perhaps sooner than most expect. It’s growth way outdistances America. It’s multiples greater.
Russia matches Washington’s military might. It does so in nuclear weapons strength. With sophisticated delivery systems.
Able to strike global targets accurately. With hugely destructive force. Enough to decimate potential adversaries. Perhaps to discourage potential aggression.
Russia is rich in what China needs most. Oil and gas mainly. Technological expertise. Industrial equipment. Sophisticated weapons.
Each nation is significant separately. They’re able to challenge America responsibly.
Together they’re a powerful combination. A force for world peace. For multi-polarity. For humanity. For weakening Washington’s imperium.
Sino-Russian ties stress unity. They’re strategically important. They’re stronger than ever in modern times.
They’re deepening. They expanding. Washington is increasingly concerned. It’s going all-out to subvert what weakens its strength.
It’s waging political, economic and cyberwar. It’s fighting a losing battle. Sino/Russian unity is odds on to prevail.
Especially with committed ties. With deepening ones. With stronger than ever ones.
On Tuesday, Putin arrived in Shanghai. It’s China’s financial capital. He came to finalize a “Holy Grail” trade deal. It’s enormously important.
It bonds both countries more closely together. It does so politically economically, commercially and militarily.
Both countries will trade increasingly in their own currencies. They’ll strengthen them. They’ll bypass dollar transactions. They’ll weaken it.
Russia will supply China with around 38 billion cubic million meters of natural gas annually. For the next 30 years.
It may double in size ahead. Depending on China’s internal needs.
Other increased trade was agreed on. In technological, industrial, and commercial sectors. In military hardware.
Growing Sino-Russian trade lessens reliance on increasingly undependable Western sources. It gives them less access to their markets.
Putin and Chinese President Xi Jinping reject irresponsible US-led Western bashing. They called sanctions political tools.
They condemned “encouraging and financing” Washington’s regime change agenda.
The President of Russia’s web site headlined “Russian-Chinese talks.” Both leaders met in Shanghai.
They “signed a Joint Declaration of the Russian Federation and the People’s Republic of China on the new stage of comprehensive partnership and strategic cooperation between the two countries.”
They “witnessed the signing of a package of intergovernmental, interdepartmental and commercial documents on cooperation in the economy, trade, energy and the humanitarian areas.”
They issued a joint statement. “(A)mbitious goals” were agreed on, it said. “(L)ong-term milestones” were established.
“(I)mportant bilateral documents” were signed. “Relations between Russia and the People’s Republic of China are developing successfully and have reached a new level of comprehensive partnership and strategic cooperation,” it stressed.
“(S)pecial attention (was on) economic issues. China is Russia’s leading foreign trade partner.”
A Sino/Russian Investment Committee was established. Its mandate is expanding economic and financial ties.
It’s “diversifying trade.” It’s “reducing…dependence on global economic” conditions.
It’s promoting cooperation in “technology-intensive areas.” They include industrial, commercial, banking and military areas.
They’re increasing bilateral ruble/renminbi trade. It bears repeating. Doing so bypasses dollar transactions. It weakens dollar strength.
Putin said “the historical memory of the great heroism of our peoples in World War II brings Russia and China even closer.”
Both leaders agreed to hold joint celebrations. They’ll commemorate “the 70th anniversary of Victory.”
Other international issues were discussed. They include common geopolitical ones. Similar priorities are shared. Closer coordination is planned.
Sino/Russian unity, partnership and friendship were strengthened. It’s a “new stage” in “strategic relations.”
Strong bilateral relations are a force to be reckoned with. It promises to be more so ahead.
Moscow remains justifiably angry. It’s enraged about Washington elevating Kiev putschists to power. Rogue EU partners share blame.
Putin and Xi said crisis conditions can only be resolved diplomatically. They demand dialogue. They reject confrontation.
They “urged all Ukrainian regions and public and political groups to enter in broad nationwide talks…”
They want responsible governance. They want legitimate constitutional development.
They want “universally recognized rights and freedoms of people” observed.
Sergey Lavrov said Russian/EU/US-led NATO relations need fundamental reconsideration.
They require “essential rethinking,” he said. Disagreements must be resolved diplomatically, he stressed.
US-led NATO created Ukrainian crisis conditions. Russia targeting followed.
Western forces irresponsibly expand eastward. Encroaching on Russia’s borders threatens its heartland.
Bilateral relations are jeopardized. East/West confrontation is risked. So is world peace.
The road to Moscow runs through Kiev. Junta power has no legitimacy. Fundamental freedoms are targeted.
Eliminating them altogether is planned. Hardline rules runs things. Opposition isn’t tolerated.
Free expression is verboten. Putschists want their message alone getting out. They want vital truths suppressed.
Independent journalists aren’t safe. Russian LifeNews ones were targeted.
Oleg Sidyankin and Marat Saichenk were harassed. They were arrested. They’re detained. They’re held incommunicado.
Their lives potentially are endangered. They’re charged with “aiding terrorist groups.”
They released damning video images. They showed Kiev military forces using UN-marked attack helicopters against their own people.”
Air and ground assaults murder them in cold blood. Kiev wants this type information buried.
It wants reliable news sources eliminated. RT International’s stringer journalist Graham Phillips was arrested.
He explained by phone before silenced incommunicado, saying:
“I’m sitting at a blockade post in a portacabin. The dialogue is quite interrogation oriented.”
His car was searched. His laptop, equipment and personal belongings were confiscated.
“At the moment I’m with the Ukrainian forces…near Mariupol,” he said. “I’ve been here for over two hours and I’ve been described, my status, as being detained in terms of I can’t leave.”
“I would also say I’m being treated OK…I believe that someone is coming.”
“They’ve done checks on my documentation. They found my reports and clips I’ve done and they’re now looking through them asking me my position on things, asking if I’m a spy, and asking me quite thorough questions.”
“They’ve checked all my documentation and photos, my laptop and the car. So that’s who I’m with at the moment.”
He was asked about separatism. About working with RT. He “describ(ed) (his) position on Crimea.”
He called its referendum legitimate. He stands by his position, he said.
He called Kiev’s government illegitimate. It “isn’t democratic. I don’t support this current situation in the east of Ukraine,” he said.
In Donetsk and Lugansk regions. He called attacking Eastern Ukrainians “completely wrong.”
At the same time, he “maintains complete objectivity and neutrality as a correspondent.”
His bulletproof jacket and helmet were confiscated. He’s unharmed so far, he said. Incommunicado since cut off there’s no way to know for sure.
Right Sector thugs targeted him. They put a bounty on his head. They offered $10,000 for his capture.
They called him a “Russian spy.” His life’s endanger in their hands. Or in sight to be shot in cold blood.
Radicalized Kiev elements posted a Facebook comment. He “works for terrorists,” it said.
“(H)e photographs and publishes the location of Ukrainian troops…”
He “spreads disinformation. (He publishes) Putin’s propaganda in the media.”
“He must be immediately detained by Ukrainian forces ad deported from Ukraine.” Orders come from “EuroMaidan leaders,” it claimed.
Russia’s Foreign Ministry condemned his detention. Its human rights commissioner Konstantin Dolgov called it media obstruction.
“This is another step…made by Ukrainian authorities to curb the activities of unwanted journalists,” he said.
They “work professionally and show an objective picture, the ugly side of the outrages made by ultranationalists, the results of (Kiev putschists’) punitive operation in the southeast,” he stressed.
Seizing Phillips constitutes an “unlawful seizure, detention of Russian journalists.” Moscow demands all lawlessly detained media representatives be released.
Kiev “continues its vicious line,” Dolgov added. Coup-appointed officials spurn their “international obligations concerning freedom of speech.”
They target media freedom. They want it eliminated altogether. They want their message alone reported. They want truth buried.
They want fascist putschist power enhanced. They deplore democratic values.
They want ordinary Ukrainians having no say. Polls show their popularity eroding. They risk losing it overwhelmingly.
Perhaps nationwide rebellion will follow. When ruthlessness exceeds levels too great to tolerate, all bets are off.
The only solution is nonviolent revolution. Perhaps just a matter of time. It can’t happen a moment too soon.
Stephen Lendman lives in Chicago. He can be reached at firstname.lastname@example.org.
His new book as editor and contributor is titled “Flashpoint in Ukraine: US Drive for Hegemony Risks WW III.”
Visit his blog site at sjlendman.blogspot.com.
On the surface, the economic atmosphere of the U.S. has appeared rather calm and uneventful. Stocks are up, employment isn’t great but jobs aren’t collapsing into the void (at least not openly), and the U.S. dollar seems to be going strong. Peel away the thin veneer, however, and a different financial horror show is revealed.
U.S. stocks have enjoyed unprecedented crash protection due to a steady infusion of fiat money from the Federal Reserve known as quantitative easing. With the advent of the “taper”, QE is now swiftly coming to a close (as is evident in the overall reduction in treasury market purchases), and is slated to end by this fall, if not sooner.
Employment has been boosted only in statistical presentation, and not in reality. The Labor Department’s creative accounting of job numbers omits numerous factors, the most important being the issue of long term unemployed. Millions of people who have been jobless for so long they no longer qualify for benefits are being removed from the rolls. This quiet catastrophe has the side bonus of making it appear as though unemployment is going down.
U.S. Treasury bonds, and by extension the dollar, have also stayed afloat due to the river of stimulus being introduced by the Federal Reserve. That same river, through QE, is now drying up.
In my article The Final Swindle Of Private American Wealth Has Begun, I outline the data which leads me to believe that the Fed taper is a deliberate action in preparation for an impending market collapse. The effectiveness of QE stimulus has a shelf-life, and that shelf life has come to an end. With debt monetization no longer a useful tool in propping up the ailing U.S. economy, central bankers are publicly stepping back. Why? If a collapse occurs while stimulus is in full swing, the Fed immediately takes full blame for the calamity, while being forced to admit that central banking as a concept serves absolutely no meaningful purpose.
My research over many years has led me to conclude that a collapse of the American system is not only expected by international financiers, but is in fact being engineered by them. The Fed is an entity created by globalists for globalists. These people have no loyalties to any one country or culture. Their only loyalties are to themselves and their private organizations.
While many people assume that the stimulus measures of the Fed are driven by a desire to save our economy and currency, I see instead a concerted program of destabilization which ismeant to bring about the eventual demise of our nation’s fiscal infrastructure. What some might call “kicking the can down the road,” I call deliberately stretching the country thin over time, so that any indirect crisis can be used as a trigger event to bring the ceiling crashing down.
In the past several months, the Fed taper of QE and subsequently U.S. bond buying has coincided with steep declines in purchases by China, a dump of one-fifth of holdings by Russia, and an overall decline in new purchases of U.S. dollars for FOREX reserves.
With the Ukraine crisis now escalating to fever pitch, BRIC nations are openly discussing the probability of “de-dollarization” in international summits, and the ultimate dumping of the dollaras the world reserve currency.
The U.S. is in desperate need of a benefactor to purchase its ever rising debt and keep the system running. Strangely, a buyer with apparently bottomless pockets has arrived to pick up the slack that the Fed and the BRICS are leaving behind. But, who is this buyer?
At first glance, it appears to be the tiny nation of Belgium.
While foreign investment in the U.S. has sharply declined since March, Belgium has quickly become the third largest buyer of Treasury bonds, just behind China and Japan, purchasing more than $200 billion in securities in the past five months, adding to a total stash of around $340 billion. This development is rather bewildering, primarily because Belgium’s GDP as of 2012 was a miniscule $483 billion, meaning, Belgium has spent nearly the entirety of its yearly GDP on our debt.
Clearly, this is impossible, and someone, somewhere, is using Belgium as a proxy in order to prop up the U.S. But who?
Recently, a company based in Belgium called Euroclear has come forward claiming to be the culprit behind the massive purchases of American debt. Euroclear, though, is not a direct buyer. Instead, the bank is a facilitator, using what it calls a “collateral highway” to allow central banks and international banks to move vast amounts of securities around the world faster than ever before.
Euroclear claims to be an administrator for more than $24 trillion in worldwide assets and transactions, but these transactions are not initiated by the company itself. Euroclear is a middleman used by our secret buyer to quickly move U.S. Treasuries into various accounts without ever being identified. So the question remains, who is the true buyer?
My investigation into Euroclear found some interesting facts. Euroclear has financial relationships with more than 90 percent of the world’s central banks and was once partly owned and run by 120 of the largest financial institutions back when it was called the “Euroclear System”. The organization was consolidated and operated by none other than JP Morgan Bank in 1972. In 2000, Euroclear was officially incorporated and became its own entity. However, one must remember, once a JP Morgan bank, always a JP Morgan bank.
Another interesting fact – Euroclear also has a strong relationship with the Russian government and is a primary broker for Russian debt to foreign investors. This once again proves my ongoing point that Russia is tied to the global banking cabal as much as the United States. The East vs. West paradigm is a sham of the highest order.
Euroclear’s ties to the banking elite are obvious; however, we are still no closer to discovering the specific groups or institution responsible for buying up U.S. debt. I think that the use of Euroclear and Belgium may be a key in understanding this mystery.
Belgium is the political center of the EU, with more politicians, diplomats and lobbyists than Washington D.C. It is also, despite its size and economic weakness, a member of an exclusive economic club called the “Group Of Ten” (G10).
The G10 nations have all agreed to participate in a “General Arrangement to Borrow” (GAB) launched in 1962 by the International Monetary Fund (IMF). The GAB is designed as an ever cycling fund which members pay into. In times of emergency, members can ask the IMF’s permission for a release of funds. If the IMF agrees, it then injects capital through Treasury purchases and SDR allocations. Essentially, the IMF takes our money, then gives it back to us in times of desperation (with strings attached). A similar program called ‘New Arrangements To Borrow’ (NAB) involves 38 member countries. This fund was boosted to approximately 370 billion SDR (or $575 billion dollars U.S.) as the derivatives crisis struck markets in 2008-2009. Without a full and independent audit of the IMF, however, it is impossible to know the exact funds it has at its disposal, or how many SDR’s it has created.
It should be noted the Bank of International Settlements is also an overseer of the G10. If you want to learn more about the darker nature of globalist groups like the IMF and the BIS, read my articles, Russia Is Dominated By Global Banks, Too, and False East/West Paradigm Hides The Rise Of Global Currency.
The following article from Harpers titled “Ruling The World Of Money,” was published in 1983 and boasts about the secrecy and “ingenuity” of the Bank Of International Settlements, an unaccountable body of financiers that dominates the very course of economic life around the world.
It is my belief that Belgium, as a member of the G10 and the GAB/NAB agreements, is being used as a proxy by the BIS and the IMF to purchase U.S. debt, but at a high price. I believe that the banking elite are hiding behind their middleman, Euroclear, because they do not want their purchases of Treasuries revealed too soon. I believe that the IMF in particular is accumulating U.S. debt to be used later as leverage to absorb the dollar and finalize the rise of their SDR currency basket as the world reserve standard.
Imagine what would happen if all foreign creditors abandoned U.S. debt purchases because the dollar was no longer seen as viable as a world reserve currency. Imagine that the Fed’s efforts to stimulate through fiat printing became useless in propping up Treasuries, serving only to devalue the domestic buying power of our currency. Imagine that the IMF swoops in as the lender of last resort; the only entity willing to service our debt and keep the system running. Imagine what kind of concessions America would have to make to a global loan shark like the IMF.
Keep in mind, the plan to replace the dollar is not mere “theory”. In fact, IMF head Christine Lagarde has openly called for a “global financial system” to take over in the place of the current dollar based system.
The Bretton Woods System, established in 1944, was used by the United Nations and participating governments to form international rules of economic conduct, including fixed rates for currencies and establishing the dollar as the monetary backbone. The IMF was created during this shift towards globalization as the BIS slithered into the background after its business dealings with the Nazis were exposed. It was the G10, backed by the IMF, that then signed the Smithsonian Agreement in 1971 which ended the Bretton Woods system of fixed currencies, as well as any remnants of the gold standard. This led to the floated currency system we have today, as well as the slow poison of monetary inflation which has now destroyed more than 98 percent of the dollar’s purchasing power.
I believe the next and final step in the banker program is to reestablish a new Bretton Woods style system in the wake of an engineered catastrophe. That is to say, we are about to go full circle. Perhaps Ukraine will be the cover event, or tensions in the South China Sea. Just as Bretton Woods was unveiled during World War II, Bretton Woods redux may be unveiled during World War III. In either case, the false East/West paradigm is the most useful ploy the elites have to bring about a controlled decline of the dollar.
The new system will reintroduce the concept of fixed currencies, but this time, all currencies will be fixed or “pegged” to the value of the SDR global basket. The IMF holds a global SDR summit every five years, and the next meeting is set for the beginning of 2015.
If the Chinese yuan is brought into the SDR basket next year, if the BRICS enter into a conjured economic war with the West, and if the dollar is toppled as the world reserve, there will be nothing left in terms of fiscal structure in the way of a global currency system. If the public does not remove the globalist edifice by force, the IMF and the BIS will then achieve their dream – the complete dissolution of economic sovereignty, and the acceptance by the masses of global financial governance. The elites don’t want to hide behind the curtain anymore. They want recognition. They want to be worshiped. And, it all begins with the secret buyout of America, the implosion of our debt markets, and the annihilation of our way of life.
Source: Brandon Smith | Alt-Market