When Major General Smedley Butler made his case,”War is a Racket” he did not pull any punches. “The normal profits of a business concern in the United States are six, eight, ten, and sometimes twelve percent. But war-time profits – ah! That is another matter – twenty, sixty, one hundred, three hundred, and even eighteen hundred per cent – the sky is the limit. All that traffic will bear. Uncle Sam has the money. Let’s get it.” The business of military procurement has multiplied since his fateful revelations.Not satisfied with fair profits or feasible competition, the practices of the defense corporatists illustrate one aspect of waste, graft and systemic bribery. William D. Hartung describes the consolidation and expanse of a select group of companies in the paper, The Military-Industrial Complex Revisited: Shifting Patterns of Military Contracting in the Post-9/11 Period
“Many of the same companies that benefited from increased Pentagon and war spending were top contractors for other security related agencies. For example, Lockheed Martin was not only the top contractor for the Pentagon, but it also ranked number one at the Department of Energy; number eight at the Department of Homeland Security (Boeing was number one); number two at the State Department; and number three at the National Aeronautics and Space Administration (NASA). Contracts let by these agencies were only a fraction of the levels awarded by the Pentagon, but they were significant nonetheless. For example, the Department of Homeland Security issued $13.4 billion in contracts in FY2008, NASA $15.9 billion, the State Department $5.5 billion, and the Department of Energy $24.6 billion.”
This dramatic growth in budgets is even more significant, when viewed in the context of world expenditures of other counties. Leaving aside the relative merits of the dangers and risk of external threats, the gigantic enterprise of fostering the biggest military apparatus in history has made select factions rich at the expense of the many.
Jonathan Turley in Pentagon Plugs: New Study Finds Pentagon Has Hidden Trillions In Missing Money And Equipment, references an example on how the overall avoidance of financial accountability, outright fraud and intentional concealment operates.
“A new report has detailed how the military has cooked the books to hide trillions, that’s right trillions, in missing money and equipment. The military calls them “plugs,” a curious term for fraud. These are knowingly fake figures used to hide the fact that there is no accurate record of the money.
The plugs are generally the work of the office of the Defense Finance and Accounting Service, the Pentagon’s main accounting agency. Required to complete an audit, the staff simply faked the numbers.”
Reuter’s reports on a Special Report: The Pentagon’s doctored ledgers conceal epic waste.
“Over the past 10 years, the Defense Department has signed contracts for the provision of more than $3 trillion in goods and services. How much of that money is wasted in overpayments to contractors, or was never spent and never remitted to the Treasury, is a mystery. That’s because of a massive backlog of “closeouts” – audits meant to ensure that a contract was fulfilled and the money ended up in the right place.”
Now trillions are sums that are unimaginable The Department of the Treasury acknowledges that U.S. gold reserves (if you believe their figures) total $11,041,059,958.16 as of their Current Report: January 31, 2014.
An eleven billion dollars equivalent is a mere drop in the bucket to the monies allocated to the military and homeland security. Taxpayers are regularly deceived about the costs. Congress is kept in the dark about black programs. And the war racket keeps funneling and siphoning off unknown sums to accounts that only a super computer can track.
Corporatocracy: How the Corporate Welfare State Divides and Conquers is a video by James Corbertt that provides an insightful analysis which establishes a surreal account how the oligarchy operates. The financial shenanigans of corporatists contribute to the interlocking directorates, which run the money pit that keeps the empire operating.
A rational reform of a depraved money laundering arrangement is impossible without a fundamental repudiation of the internationalist foreign policy doctrines that permeates the State Department. Funding advance technological warfare platforms that are unheard of to even congressional oversight is profoundly unconstitutional.
When such practices become routine, the economic incentives breed crooked abuses. The obligations for responsible public policy are methodically destroyed, when transparency is eliminated.
The Washington Blog provides several useful sources that document the extent of the problem in “$8.5 TRILLION In Taxpayer Money Doled Out By Congress To The Pentagon Since 1996 … Has NEVER Been Accounted For” and sums up with a bleak assessment.
“The Pentagon is the only federal agency that has not complied with a law that requires annual audits of all government departments. That means that the $8.5 trillion in taxpayer money doled out by Congress to the Pentagon since 1996, the first year it was supposed to be audited, has never been accounted for. That sum exceeds the value of China’s economic output last year.”
Evidently, the elites that benefit from bilking appropriations and the board members that steer the defense contractors want the con to continue. For all the money directed towards maintaining the war machine, our actual security become less secure.
Banks laundry ill-gotten gain, as prevailing practice, in the normal course of business because the arm merchants are protected players in the trade. The reprehensible circle that the dogs of war unleash the cash flow from their illicit drug sales, through arms sales, allows for the smooth transfer of hidden blood money into number accounts.
Such an organized system of mutual payoffs greases the ever growing industry of fear and destruction. All the missing money is buried in the unknown cashes of subterranean tyranny. Creating false flag threats allows for imaginary scourges to be new enemies. Protection from such manufactured foes is the real business of the military-industrial-complex.
So, when more details surface about the lost and unaccounted military funding money, it is just part of the price of keeping you safe.
Sickcare/ObamaCare is fundamentally broken at every level.
The incremental nature of change makes it difficult for us to notice how systems that once worked well with modest costs have transmogrified into broken systems that cost a fortune. Exhibit # 1 is higher education: 40 years ago, four-year public universities were affordable and two-year community colleges were almost free. Now students have to borrow $1 trillion to pay for the exorbitant privilege of higher education.
And no, the difference isn’t that states don’t provide the same funding–the difference is costs have soared while the yield on the investment has plummeted. Please read:
Longtime correspondent Ishabaka (an M.D. with 30+ years experience in primary care and as an emergency room physician) responded to this article with an insider’s account of what happens when greed and cartels take over healthcare.After reading What’s wrong with American hospitals?, a scathing deconstruction of for-profit healthcare, Ishabaka submitted this commentary:
I could have told you what was wrong with our hospital system by 1989 – nobody would listen to me back then.
Up til the ’70′s, almost all hospitals in the United States were not for profit COMMUNITY HOSPITALS. They were LOCAL. The Board of Directors was made up of some senior doctors, maybe the head nurse, and various other prominent local businessmen and professionals. Others (mostly Catholic), were run as non-profits by religious orders. A very few, mostly very small hospitals were for profit, usually owned by a group of doctors, or even one doctor.
The mission of these community hospitals was to provide for the LOCAL COMMUNITY – one and all. Payment was various – private insurance, Medicare, Medicaid, self pay – and the idea was to collect just enough money to keep the hospital going, and provide care for the poor who had no money to pay. If your grandma got bad care – you could go – in person – to the local, say, banker, on the Board of Directors, and tell him – and he would CARE.
THIS SYSTEM WORKED, and kept costs DOWN. Remember, the hospital just needed enough money to stay in the black. Often local wealthy people would will money to the hospital in which they had been cared for.
In the ’80′s – there was the arrival of the for-profit cartels – and I use the world cartels specifically – these were run by people with the sociopathic Goldman Sachs type mentality – their sole goal was to acquire huge sums of money for themselves, their hospital directors, and their SHAREHOLDERS. They used a typical sneaky technique – they’d come into town, and tell the locals they could run the hospital much cheaper, because of their economy of scale. People believed this, and the cartels bought out most of the community hospitals.
I worked at one such for-profit hospital and had a 21-year old indigent man come in who’d been struck by a car while walking, and was rapidly bleeding to death. The hospital administrator refused to open the operating room, even though I had a surgeon right there, willing and able to operate for free to save this young man’s life. The surgeon threw a fit, and he was a big wheel at the hospital and the administrator backed down – otherwise I firmly believe the young man would have died. This was LEGAL back then, before the EMTLA law was passed because similar abuses were rampant NATIONWIDE.
Around this time, the administrators of the remaining community hospitals found out the administrators of the for-profit hospitals were making tens of times their salaries – and bonuses based on profits – and started demanding similar salaries and bonuses based on PROFITS – a contradiction of the old concept of community hospitals (the article does touch on this).
How do you increase hospital profits? Number one – avoid any care for the poor you can weasel out of. Number two – cut staff to the bone and beyond (one of hospital’s biggest expenses). Most American hospitals now have UNSAFE nurse to patient ratios because of this.
As far as patient care goes, nurses are the most important people in hospitals. I know of one lady who DIED while in a monitored bed, and wasn’t found dead until several hours later due to the criminally low nursing staff ratio in a hospital I worked in. I HAD complained about the dearth of nurses, and was threatened with the loss of my job. Another side effect of this is, nursing in hospitals has become unbearable for nurses who really cared about their patients – many good hospital nurses have left hospital work for other fields. The results are appalling.
I saved the life of a patient an unqualified, under-educated nurse gave the wrong medicine to – a medicine that IMMEDIATELY MAKES YOU STOP BREATHING, because it was cheaper for the hospital to hire her than a knowledgeable and experienced nurse. The medicine is pancuronium bromide, if you want to Google it. The nurse didn’t know one of the effects was cessation of breathing – this is Pharmacology for Nurses 101, this drug is used all day long in every operating room in America (where doctors WANT patients under anesthesia to stop breathing, and put them on breathing machines during the surgery – which is very safe if done correctly).
I could go on and on. Simple things, like the instruments you use to suture cuts – community hospitals used to buy Swiss or German made ones that were of the finest quality, sterilize and re-use them over and over. This changed to disposable instruments that sometimes literally fell apart in my hands. Bandage tape that didn’t stick, instead of quality Johnson and Johnson tape – anything to save a buck.
It is not getting better, it is getting worse. The nurses I know tell me hospitals are cutting staff even MORE now in preparation for Obamacare.
I will end with a story that illustrates the difference between Old School and New School hospital administrators.
I had the pleasure of working five years in a real community hospital. One of the senior administrators (R.I.P.) was a gentleman who’d made his fortune in the grocery business. In his late 80′s, he would arrive at the emergency department entrance every morning between seven and eight am, and proceed to walk throughout the hospital. He would ask various and sundry staff how they were getting along – everyone from janitors to senior physicians. If something was amiss – HE RECTIFIED THE SITUATION. Tragically, this hospital was bought out, and is now part of a chain.
I had the displeasure of working in a “community” (really for-profit) hospital with a middle aged administrator who NEVER set foot outside his office or conference rooms – he NEVER appeared in the (very large and busy) emergency department once. This was in the early 90′s, and one year it was revealed that his compensation was $600,000 – and a brand new Lexus as a “performance bonus”. He was on the golf course by three pm every single day. That was the hospital where the woman who was being “monitored” (alarms and all that) was found very cold and dead after a delay of who knows how many hours.
Thank you, Ishabaka, for telling it like it really is. Needless to say, ObamaCare (the Orwellian-named Affordable Care Act–ACA) purposefully ignores everything that is fundamentally broken with U.S. sickcare and extends the soaring-cost cartel system, essentially promising to stripmine the taxpayers of however many trillions of dollars are needed to generate outsized profits for the cartels.
Only those with no exposure to the real costs of ObamaCare approve of the current sickcare system. Government employees who have no idea how much their coverage costs, well-paid shills and toadies like Paul Krugman, academics with tenure and lifetime healthcare coverage–all these people swallow the fraud whole and declare it delicious.
Only those of us who are paying the real, unsubsidized cost know how unsustainable the system is, and only those inside the machine know how broken it is at every level. Greed + cartels = Sickcare/ObamaCare. Love your servitude, baby–it’s affordable, really, really, really it is.
Source: Blacklisted News
There is now a New American War. It is inside America. It is called the “War on Terror”. The enemy is YOU!
It is a staged, Phony War that has been created by the International Zionist Crime Syndicate (IZCS).
This New War on Terror has an enemy. That enemy is the American People, You and Me.
Every Military Force needs an enemy. Without an ongoing or perpetual war, the War profiteers quickly go bankrupt.
In order to keep their profit stream going from war, war-profiteers need to create successive new wars or a significant threat of impending war.
Creating pretexts for these much needed wars is very hard work and quite expensive too. But war is a business, a very big business, and war-profiteers need to invest big money to make even more in return.
Members of Congress must be bought, and top Generals and Admirals of the Military High Command too.
This costs a great deal of hard cold cash, but that’s okay because the IZCS gets all it needs from fat US foreign aid to Israel, fat contracts with Israeli Defense providers, and fat donations from those wealthy zionist businessmen that the IZCS manipulates, guilts or shakes down.
At this point, a select group of 70,000 K-Street Lobbyists go to work distributing funds to get elected officials on Board. The several select Generals and Admirals are handled more covertly.
If this is not enough revenue to pay off the necessary officials, the IZCS gets the rest directly from its private Central Banksters who can create all the money they want digitally, anytime they want, and give it to tribal brothers or anyone else, anytime they want.
Of course the key thing here is a significant portion of these fat revenues are kicked back to the corrupt, bought and owned members of Congress who voted for them, and to select top Generals and Admirals of the High Military Command who support the IZCS intended proxy wars by America on their behalf.
Under President Obama’s Administration, for whatever reasons, the High Military Command has not been willing to take payoffs and favors and has not been blackmail-able by the IZCS.
[Note: this is a long article and one option is to read the caps first and then any areas you are interested in if you have time]
Here is the new game in the so-called American Defense Industry. It is a stateside game and it involves magically transforming any and all innocent, Constitutional, law-abiding citizens into Domestic Dissenters, aka “Domestic Terrorists” or something close enough to declare war on “Potential Domestic Dissenters, aka “Potential Domestic Terrorists”. This is an occult, alchemical symbolic processing of the American people (aka “we the people”) into an defined domestic enemy that can be waged war against on many fronts–phone and email tapping, massive spying and infiltration of all domestic groupings, even neighborhood coffee parties or local church charities–you name it, everything.
This new redefinition of normal law-abiding Americans into “Enemies of the State” and its internal security apparatus as a threat to national security IS a magical conversion or transformation of the normal American Society, mainstream law abiding America, into a huge domestic national security market. This is all an horrendous BIG LIE.
Actually the real situation is just the opposite–it is the USG and specifically the Fusion Centers and the Department of Homeland Security run by perverts and enemies of “we the people” that are the real risk to the true and actual national security of America the republic and to all honest, law abiding, Constitutional Americans. And the USG and DHS and Fusion Center officials are nothing less than world class criminals committing both High Treason and Sedition against America the Republic. The USG has been hijacked and is being run by those who have turned everything upside down.
This redefinition of course involves placing cameras and microphones on almost every street corner in the light-poles and pulsed beam psychotronic generators in many street lamps, turned on full power during rush hour to sedate and subdue the populace in order to keep the masses in line.
Some say that the new Chairman of the JCS, General Martin Dempsey, is a breath of fresh air, a real American Patriot who honors his Oath to defend the US Constitution from all enemies foreign and domestic.
So far, General Dempsey has resisted major efforts to coerce him to support and engage in any new major American Mideast Air and Ground invasion (another American proxy war for Israel).
And many believe that our new Secretary of Defense Chuck Hagel is another America-firster who takes his oath to defend the US Constitution seriously also.
JCS Chairman Dempsey’s independence and commitment to America on this matter has elevated him to the status of a “rock star” in the view of many who appreciate his steadfastness, and he is regarded as a true America-firster.
Some experts view JCS Chairman Dempsey’s integrity and commitment to America the Republic as a major turning point, signaling the realization by the High Military Command that the 9/11 attacks were an inside-job, a false-flag attack run by the IZCS with the help of several Traitors within the USAF, JCS, and NORAD.
And that it also signals a shocking realization, for the first time, that most of the Institutions of the USG have been deeply hijacked by the IZCS and their Cutouts have included the Bush Cabal which is now struggling to maintain a thin hold on power.(1)
Obviously, Chairman Dempsey’s and Defense Secretary Hagel’s steadfast resistance to being manipulated by the IZCS into fighting another major Mideast ground and Air proxy war for Israel appears to be driving the IZCS to desperation. So far these America-firsters are holding fast against any and all IZCS manipulations and pressure and doing an excellent job staying on course.
The IZCS knows that unless it gets another American proxy war in the Mideast for Israel, they are finished. They also know that if the American masses ever start finding out that 9/11 was planned and controlled by those owned by the IZCS, they are done too.
Actually the 9/11 attacks of the IZCS were in a sense a going-for-broke gamble of everything they have against the House (America the Republic). There is a very strong new American Populism which is emerging rapidly as a spontaneous by-product of the world-wide Internet and the Alternative news it carries, which provides truth to the masses for the first time.
Top insiders know all the names of who did the 9/11 inside-job false-flag attacks and are are ready to testify if an independent prosecutor is assigned and a special Grand Jury is called, and appropriate immunity agreements are offered for “coming clean”. At least one, Steve Pieczenik, MD, Ph.D., (former Assistant Secretary of State and father of many deep cover black ops, and also the main character in many Tom Clancy books) has already gone public and named names and has said he is willing to testify in a Federal Court as to who did it.(2) Obviously Dr. Pieczenik is another great American Hero.
Some top insiders close to to the High Command have suggested that America is so deeply hijacked by the IZCS that it will take some years of the actions of high officials like JCS Chairman General Dempsey and Defense Secretary Chuck Hagel to turn the tide and neutralize the rampant influence peddling of the IZCS over almost every member of Congress and many officials in the Department of Justice and the Alphabets.
Certainly the Department of Homeland Security is now recognized as a major IZCS beach-head inside America and part of a long term plan to establish a foreign controlled IZCS neo-Bolshevik military force inside America to Tyrannize, wage war against, and eventually serially mass murder most Americans.
This is why some top insiders refer to DHS as the New American Gestapo or Stasi. Some see it now morphing into a New Red Cheka mass-murder machine for dispensing Bolshevik-style Red Terror and mass-murder to Americans.
The Cold War was a great boon to the defense Industry even though it never went hot anywhere but Korea and Vietnam, which were limited to prevent an all out nuclear exchange.
The first Iraq War (aka the Gulf War) under Bush1 resulted from covert trickery using Kuwaiti cross drilling, which was reported to Saddam Hussein by April Glaspie, who convinced him that the USG wouldn’t care if he invaded Kuwait to stop the theft of his oil from his main oil field. The second Mideast war was an Invasion of Iraq and Afghanistan to get even with the alleged perps who supposedly did the 9/11 attacks, but actually never were involved at all.
President Obama is now unwilling to deploy American troops in any major new American land war or massive air bombardment campaign in the Mideast. Nor is the current US Military High Command willing to allow it at this time. In order to appease the so-called Defense Industry and their lobbyists, he has apparently deployed numerous teams of “special operators” and mercenaries but these have been fighting terrorists supported by America, a self-defeating exercise.
He has also continued to deploy drones with air-to-ground missiles to mass murder numerous innocent women, children and non-combatants. All these Mideast and African wars are illegal, unConstitutional, undeclared and unprovoked. They have been sold to the American People and the Congress based on the BIG LIE that they are preemptive strikes necessary to prevent any more 9/11 attacks.
The need for preemptive strikes to prevent terrorist attacks inside America is an obvious lie for numerous reasons. Anyone who examines all the available evidence on 9/11, including the BBC live TV announcement by Jane Standley that WTC7 fell to the ground 20 minutes before it happened (due to top MI-6 control officers forgetting about American Daylight savings time (too much personal coke use perhaps?).(3)
In addition, if DHS’s main concern is spying on normal Americans who dissent and crushing them because DHS believes they are “domestic terrorists or “potential Domestic terrorists” or “lone wolf” spontaneously emerging domestic terrorists, this obviates any lies about the need for preemptive foreign attacks. The reason? Because DHS now claims that the emergence of these ordinary lone wolf domestic terrorists inside America is a spontaneous phenomenon, as well as a completely independent problem that has nothing to do with foreign terrorists in the Mideast.
And beside DHS allows open borders, “sanctuary cities” where illegals can not be checked for legal immigration status, given traffic tickets for minor violations, and must be granted drivers licenses and social security cards without any proof of residency. Plus, thousands of Mideast Immigrants are allowed in to America when there is already a shortage of jobs, and the Muslim Brotherhood is invited into the White House to meet with President Obama.(4)
It is obvious that as the major American Defense Contractors who are either owned or controlled by the IZCS have realized that American Mideast war efforts are waning and have worked hard to create their phony War on Terror, first in foreign countries and now in America.
They have worked hard to generate massive public fear in reaction to the 9/11 attacks in order to engender public support and vast expenditures of taxpayer dollars for a large national security market and internal security apparatus, like the Fusion Centers and its specialized assassination teams disguised as corporate or political protection squads, the DHS and the TSA with its Vipr Teams.
This phony, staged War on Terror has been very craftily engineered to be an unending war that will assure perpetual war profits for Defense Contractors and a perpetual supply of artificially created enemies inside America to feed that war. How is this possible you might ask?
This new War on Terror has been socially engineered to provide a continual stream of degradations and provocations against the average American, provoking many in a never-ending stream to resist, and causing them to be labeled dissenters.
Once they have been labeled dissenters they are put on a Department of Homeland Security (DHS) Main Core Terror Watch List, which top insiders know is a targeted assassination list for later eradication of all Freedom-loving Americans who want to restore the American Constitutional Republic.
At present the Main Core list has over ten million Americans on it, and it is growing every day with thousands of new additions. Get a ticket for a driving offense or any arrest (even if later proven innocent) and it is highly likely you will be placed on this Main Core Terror Watch and Assassination list.
If you have a prior drug arrest many years ago or any arrest, it is likely you have already been placed on this list. If a USG web troll or fusion Center Officer comes across any patriotic postings or anything they consider subversive like the East German Stasi, that poster will likely be placed on this list.
Over time these provocations are designed to result in a continuing stream of America dissenters that want to take their Republic back from the zionist hijackers and will meet DHS tyranny and force with the like. Any and all Dissenters are now being defined as “Enemies of the State”.
And anyone who wants to restore the American Republic will also be defined as a “Domestic Terrorist”. DHS is a terrorist group, hand assembled by American/Israeli dual citizen Traitors and is designed to tyrannize, capture and eventually be deployed against Americans to serially mass murder them. This is why they have been called the New American Gestapo of the Neo-Bolshevik Red Cheka Terror Machine.
If you were a Ron Paul supporter or a Libertarian, you are likely on the Main Core list. If NSA routine scans of any and all of your digital emissions and have picked up enough key trigger words, then you have perhaps already been placed on the List. After all, Marcus Wolfe the former head of the East German Stasi, a vicious torturer and murder of innocent Germans, was hired as a USG consultant to set up DHS two years before he died.(5)
Note the recent admission by US Supreme Court judge Antonin Scalia that it is without question that the Prison Camps now being built by the USG will eventually be used just like they were in WW2 when innocent Japanese Citizens were wrongly captured, completely asset stripped and placed in USG Prison Camps. (6)
President Eisenhower was an insider placed in position by the Rockefellers early in his Military career and eventually propelled into the Presidency by them. But even Ike started being bothered by strong pangs of Patriotism and became alarmed at the undue influence of the Military Industrial complex over Congress. In his final public speech as President, he delivered a warning to Americans.
Ike never imagined that the Israelis would serve as the chief action agent for the City of London zionists and would eventually hijack, buy off, bribe, compromise or honey-trap almost every single member of Congress and also use their vast Central Bankster and manipulated donor funds to hijack almost all American defense and Intel contractors and American communication companies, many of which have been moved to Israel or have been located there in the first place.
Originally his speech included the phrase Military, Industrial, Congressional Complex. He took out “Congressional” after his political aides informed him that this could end up harming the Republican Party. When he referred to “Military” in the phrase “Military Industrial Complex”, he was actually thinking of the whole new peacetime defense Industry, which was driving the Military Industrial Complex and formation of a permanent armament industry.
Ike became concerned that this permanent armament industry could assert undue influence on the American political process and could hijack American society and harm its spiritual character.
Disarming the public is a key goal of the IZCS for everyone in America but them and their stooges at the DHS and the Alphabets or their militarized police now trained by the ADL.
Many Police Chiefs are taken to Israel on all-paid Anti-Terror training Junkets where they drink the Kool-aid and are subjected to some of the most sophisticated Psi powered and Psychotronic mind-kontrol ever deployed. In years past, many were given lavish gifts and provided personal escorts of their age and choice. Perhaps this practice continues?
Any Tyrannical Government must always get rid of we the people’s guns in order to be able to stay in power and concentrate it. A major goal of any tyranny, like what we have in IZCS-hijacked America now, is to gain maximum power by eliminating (as in serial mass-murdering) all political opponents and dissenters. Doubt this? Then check world history the last couple of hundred years.
The USG and DHS is now ramping up the militarization of the Police of American Cities and Suburbs under DOD Program 1033 under the ‘Transfer of Excess Military Property to Local Police Program”.
According to a video from ‘TheLipTV’, “Over the last decade, we have seen over 5,000 people killed by police in the United States,” when “4,489 soldiers have been killed since the beginning of the Iraq war. Since 9-11, you are 29-times more likely to be killed by a police officer than you are by a terrorist.”(7)
Most local urban and suburban police departments have been “militarized”, that is, received heavy armament including armored cars, MP5 and M-16 fully-automatic machine guns, grenades, grenade launchers and ballistic shields.
We the people are the new enemy of the militarized police. The police were set up to “protect and serve”, but their new mission is to wage war against “we the people” on behalf of the IZCS and the ADL.
Every military force must have a designated enemy. The common American is the new enemy of the now militarized police in their new war against Americans on behalf of the IZCS and the ADL.
Whether they realize it or not, the ADL has trained most police to view most Americans (we the people) as the enemy of the police and the Nation State. Ever attended a police training seminar put on by the ADL? Often they hide who really is running it. It’s the biggest bunch of twisted, sick paranoid crap one can ever imagine, and all designed to make police trigger-happy murderers of any citizen who questions their authority in any way or questions any detainment or arrest. Yes, ADL training is a crafty set of lies that produces trigger-happy cops who believe there is a domestic terrorist hiding behind every bush who want to murder them so the police cannot go home to their family at night.
This paranoid belief system will eventually produce this result as a self-fulfilling prophecy, as police tyranny and trigger-happy police continue to murder the innocent and use grossly excessive force for minor offenses. Almost all police abuse of the citizen is delivered “for your own safety”, when that is another big lie. It is done for the arrogance and authority complex of the police officer–an artifact of over 25 years of ADL training for your local police, who have almost all sold out to the feds in order to get military weapons and gear. All in return for signing over jurisdiction to DHS and the Feds.
Police are instructed to “charge up” anyone who questions them in any way, and any slight hesitation must be met with false charges of assault and/or battery towards the officer. Officers are told, an arrestee can beat the rap, but they cannot get out of the “ride” (i.e. the arrest and hassle of it.) They are taught that this deters deviance and crime, when actually it provokes the American people to hate police officers.
The new militarized police have one new main function. It is to continually provoke law-abiding, honest citizens with acts of selfishness and tyranny in order to “role force” them to act out so that “punishment” can be delivered. The goal, especially with inner urban kids is to make sure they are sold all the drugs they want, in order to dirty them up and get them into the system for life. Big prisons are a private business–a very big business–and quotas or guaranteed imprisonment rates are in place to reduce costs.
Since the IZCS is actually functioning as a neo-Bolshevik political block with East German Stasi and Nazi undertones, this reveals the actual goal of DHS–to serially mass-murder all American dissenters and political opponents. Doubt this? Then consider the purchase of over 2 Billion 40 Caliber hollow-point rounds and 7,000 M-16 fully-automatic (real assault rifles, not the mere look-a-like AR-15) and thousands of armored vehicles and armored booths, raised spy-towers and grenade launchers.(8) Many of these armored vehicles have been given to local police who have Police Chiefs who are Traitors to America the Republic in exchange for complete submission to Federal Jurisdiction of DHS.
Some of these traitors are just stupid and overly impressed by Feds or DHS Spooks, others have been paid off in very large cash donations (hundreds of thousands of USD in military duffel bags, untraceable CIA drug profits. Some have been sexually compromised by Pedophile or Honey Traps and then blackmailed into submission. Some have succumbed after being threatened or having their families threatened. This is the lowest scum-bag manipulation (aka Humint) ever deployed, and it is everyday stock and trade for the IZCS, the world’s biggest sexual compromisers, and pedophile and sex-slave operators.
Lessons of History: Any serious study of History quickly shows that war is a vehicle for a nation’s leaders to maintain control over their nation-states. The infamous Iron Mountain Report gave an inside glimpse of how the super-elite criminal Psychopaths running America thought about the need for ongoing war or a suitable state crisis to unify the society and solidify their control over society.
Wars are craftily engineered by criminal super-elites who rule nation-states and their advisers. There are various, crafty ways for a nation’s leaders to covertly start wars. The well-established standby is to stage False-Flag attacks and then wage war on the nation state or entity that you have framed for the attack that you did.
Another way to create a terrorist with a long and successful track record is to capture abandoned children in Mideast Countries, provide for their daily needs, while mind-kontrolling them to become terrorists with psychotic suicidal delusions of revenge toward what has been identified to them as their religious enemy which needs destruction to please their god.
The British, the Israelis, and the Saudi are experts at this, and American Taxpayers have unknowingly provided a large portion of the funding for this. One trick well known among intel insiders is the practice of acts of terror against the nation of the mind-kontrolled children to create an enemy for them to later attack in revenge.
Lots of American Taxpayer dollars were covertly dispensed to create and finance terrorists for future Mideast wars. American Intel has spent a great deal of money paying others, such as the Israelis, to do this. Otherwise, American Intel has not been very successful themselves. Their only real success is their arming, funding and training of the Mexican Drug Cartels and the training and deployment of the disgusting mass-murdering death squads in Central and South America, who murdered over one hundred thousand innocent women, children and young men.(9)
The 9/11 attacks were an inside job by the USAF and the IZCS. The staged Gladio-style False-Flag attack was the choice selected for the attack on the Twin Towers in NYC and the Pentagon in Washington, DC, on 9-11-2001. This attack was done by the USAF, under the authority of a zionist-controlled Criminal Cabal inside the JCS and the Secret Shadow Government (SSG).(10)
The 9/11 attack was planned, set up and run by NeoCon top Policy-Makers, Israeli Intel and their stateside Sayanims, utilizing a small criminal cabal inside the USAF, NORAD and the JCS. These are facts that can no longer be disputed by any reasonable person who has examined all the available evidence.
And it is exceedingly clear to any reasonable person who examines the pre-announcement of WTC-7 destruction that the whole attack was pre-scripted in London and Israel, and that WTC-7 was wired in advance with conventional demolition charges.
Typically, it takes a considerable amount of time and labor to wire up a building, which suggests complete access at the security level. This means that since it was a federalized building, with CIA and NYC Emergency Center occupants, building security had to be involved one way or another. And now that it has been proved that WTC-7 was wired up beforehand and demo’ed on 9-11, this means the Twin Towers had to have been pre-wired, too.
The War on Terror is obviously a Phony. But it has been the greatest boon to the American Defense Complex ever, with many times more net American Taxpayer dollars spent on this war than any other war in history, including WW2 or the Vietnam War.
Another way to establish a war is to create and fund so-called foreign terrorist groups. This is a costly exercise that take years and can involve as much work as fighting a war. Yes, creating terrorist groups is very hard and expensive work.
But enemies for necessary wars can be created if you have the technological help of a nation that has hundreds of years experience in creating its own enemies. This nation is the City of London (Financial District), a separate nation state like the Vatican, located within England.
There is a reason England has been referred to as “Perfidious Albion” for centuries. They have been known for their ability to instigate chaos inside nations they want to control by their standard well-developed strategy of “Divide and Conquer”. They are experts at creating long term provocations between different nations that have competing economic interests.
They do this in order to establish a beach-head from which to control the removal of natural resources and accrued wealth.
Remember the Opium Wars (Boxer Rebellions) where England brought opiate addiction to China as a covert act of war in order to recover all the silver and gold paid to import Tea, spices and silk from China? This was low intensity (covert) warfare that twice led to a short hot war.
The creation of the nation state Israel was created to serve as a long term provocation for numerous Mideast perpetual wars. This is why the Balfour Declaration was made, why the Nazi sent the “low Jews” to the labor camps, while the “High Jews” were able to either emigrate elsewhere or become collaborators like George Soros.
This is why the City of London created the New Israel and took land away from the Palestinians to set up a nation of Khazarian Judaic converts (aka “fake Hebrews”), a racially paranoid group mind-kontrolled to believe the delusion that they were of ancient Abrahamic Hebrew Blood.
The IZCS believes in preemptive strikes against Goyim and their institutions. Judaics have also been mind-kontrolled by Zionists (many of whom are not Judaics at all) to believe that they must hijack the American political system to preemptively crush Christianity and American Goyim Culture.
And that if they didn’t succeed in this, they would be persecuted again, just like what they call the “holocaust”–translated from Old English as “a fiery sacrifice”.
This philosophy of striking first and eliminating the Goyim to prevent another “holocaust” from ever occurring” is a Bolshevik ideology based on the “End Justifies the Means”.
This paranoid strike-first obsession will produce push back and persecution eventually, thus serving as a self-fulfilling prophecy. Of course the Zionists who control Talmudic, Noahide Judaism know that the 6-million-dead figure is untrue, because this had appeared in the late 1800′s andearly 1900′s in Judaic literature long before the work camps of WW2.
New Genetics research exposes a vast, paranoid race-based delusion. Recent Johns Hopkins genetic research has shown conclusively that approximately 80% of the Palestinians are of Hebrew (Abrahamic) bloodlines, and approximately 90% of Judaic converts living in greater Israel are not of ancient Hebrew (Abrahamic) bloodlines. Thus, the world’s greatest anti-Semites appear to be Israelis who have stolen Palestinian land and continue to do so against all UN rulings and International Law.
The nation of Israel was set up as the private nation state and Tribal Intel front for the City of London Zionist private Central Banksters, to serve as a beach-head to control the production and distribution of Mideast oil. This delusion that the Khazarian Judaic converts were God’s Chosen People (ancient Hebrews from the Ten Tribes) was then en-cultured into these Judaics who were sent to Palestine and armed so they could use terrorism to expand their region of control.
Greater Israel has no real boundaries and is ever expedient, as Israeli militants keep taking land and murdering unarmed Palestinians.
A serious spell, a racial delusion of superiority has been cast on many Judaics no matter where they live, but especially so among those living in greater Israel, where the Luciferian Hex Flag flies. Whether true or not, the flag signifies the merger of demonic fallen angel Beast-Bloodlines from above, bred with Human female bloodlines below.
If we accept this Hex Flag at face value, does this mean that the top Zionists running the IZCS are perhaps alien/human hybrids, or at least claim to be in their own secret ceremonies that Stew Webb has exposed numerous times in articles and radio appearances over many years?
It is obvious that the IZCS has hijacked the US Department of State and the US Military Defense Complex as well as Congress. Listen to what Kay Griggs had to say about this. She was married to a top USM officer and mind-kontrolled “wetboy” who became out of control and beat her and then tried to have her shut up. He and/or his controllers serious stalked and harassed Kay Griggs for years.
She went to live with Sarah McClendon for protection and was interviewed by Pastor Rick Strawcutter, which probably raised her profile so much that it saved her life. Kay is another Great American Hero and is a courageous standup person, one of the best you could ever meet anytime, anyplace. If you get a chance, be sure and listen to her 8-hour video affidavit with Pastor Rick Strawcutter, who is another Great American Hero. You will be amazed and angered at who has been running the USG and the Military.(11)
Kay’s video affidavit is packed with insider secrets known only by top Intel insiders. How much do you want to know about what is really going on in the background? How much do you dare to pull the curtain back to expose the Wizard Of Oz (as in Ounce)? You will need a great deal of courage to handle what Kay Griggs reveals. By the way, a great deal of her testimony has been cross-corroborated by experts. Any errors she makes are minor and not directly related to her main claims.
Two sides of the same coin: Of course those on the inside of the Ruling Cabal know that Nazi-ism and Zionism are two sides of the same coin and run by the City of London Central bank controllers. This entity is the Old Black Nobility (OBN), which prefers to stay in the background.
The IZCS controls Private Central Fiat, Fractional Reserve Banking: This reality that the IZCS owns and controls private Central Banking means that they have access to and can utilize Babylonian Money-Magick to make the money they need to control the USG officials and Congress from nothing. This access provides vast sums of money in seemingly endless quantities. Thus, they have access to all the cash they need to buy, own, compromise or blackmail almost every single Congressman/woman and Senator in America.
The serious down-side of this system of Babylonian Money-Magick is that it is based on fiat or fake-money with nothing but debt behind it. Actually this debt is imaginary, but has a stranglehold on most of the members of the societies it has hijacked. But it cannot go on without catastrophic readjustments, which will occur at some point.
A worldwide Web of Debt: The private Central Banksters in America have been so adept and successful at extracting wealth in America and all over the world, replacing it with debt, that nearly the whole world is now engulfed in extreme debt.
And this debt has now reached the point it cannot be paid off. This of course is the IZCS’s age-old plan which will result in massive chaos that engulfs the world and destroys all social systems, family systems, sex roles, and systems of government.
After this destruction of conventional society occurs, it is expected by the IZCS top leadership that a pure Luciferian NWO System will arise from the globalist framework they have put in place. They expect this NWO System emerging from the ashes to be their Phoenix, like the legendary Phoenix of Greek and Roman mythology.
All this tidal wave of debt is phony and a big charade. If all the people of the world unite, nationalize their monetary systems and declare all debt null and void, and if they assign all such debt directly to Central Banksters responsible for creating it, prosperity to “we the people” can return like it did to the Colonists who left England.
Babylonian Money-Magick has been used to create a debt based economy. It does this by producing “onerous usury” and allows the easy transformation of “all the money created from nothing which is worth nothing at face value” into the vast amounts of ever-increasing wealth. This wealth–fiat money–is covertly stripped from the common man these Banksters provide the money for and use as a means to extract real value and wealth from.
The Zionist IZCS vehicle used to gain control over almost every single member of Congress and to buy, compromise and control almost every top USG official and Judge, is the 70,000+ K Street Lobbyists, AIPAC and others who distribute the money to their marks, often through campaign contributions, cash to offshore accounts, and various other expensive luxury perks, such as ridiculously high honorariums for meaningless propaganda speeches.
And AIPAC, the ADL, the SPLC and the like are also zionist tools of espionage against America the Republic.
They should all be investigated by the FBI and fully prosecuted and convicted and sentenced for espionage by the Department of Justice. Note, espionage in many cases is a Capital Crime.
If the Rosenbergs were prosecuted, convicted and executed for their espionage against America, why should these IZCS Cutouts go free without identification and full prosecution?
These entities are really Intel fronts for espionage against America the Republic on behalf of the IZCS which includes the City of London zionist Central banksters, Israel, American NeoCons, and Israeli-American dual citizens who have betrayed America, putting Israel first over America.
Vast Funding for zionist Cutouts. These entities receive vast funding from the zionist Central Banksters and from the wealthy Judaic businessmen they shake-down or manipulate for large donations by playing on their paranoid tribal delusions.
These tribal delusions are that donations are necessary to prevent excessive antisemitism and future persecutions or “holocausts” by Goyims and Christians.
Many Judaics in America and elsewhere have been en-cultured with the false ideation that Nazi-ism was a Christian phenomena and Christians and Goyim must be destroyed.
This of course this is as far from the truth as possible because Hitler was a British Agent and Nazi-ism was created by the Tavistock Institute and the City of London Central Banksters and a counter-force to the Bolshevism they created and deployed in Russia in 1917.
What does the International Zionist Crime Syndicate (IZCS) run out of the City of London through its main Cutouts Israel and the hijacked USG attain? Obviously the IZCS’s unlimited funds and the fact it owns and/or controls almost every member of Congress and most USG officials and Judges, means that the ICS has been able to determine USG Policy.
It can do this because it owns and/or controls all USG top Policy-Makers, most of whom just happen to be outside of the visible USG and within the Secret Shadow Government (SSG).
Obviously the crimes of the IZCS and their espionage fronts like AIPAC, the ADL, SPLC and the like against the American Republic are far worse than the Rosenbergs.
Listed below are some of the IZCS crimes against America:
1. The NSA and all American Intel has been completely hijacked by the IZCS and all NSA intel data goes directly to Israeli Defense Contractors and Israeli communication Corporations that process all American phone calls and data transmissions. This means that the Five Eyes International Intel System is really a Six Eyes System controlled by Israeli Intel entities and proprietaries.
Thus, America has no real Intel, and Israeli Intel has control over all American politicians, judges and officials by use of this Intel for human compromise, blackmail and sophisticated mind-kontrol operations. Any time factions within American Intel agencies (there are 37 and growing) form opposition to the IZCS, this is readily discovered through Israeli Intel intercepts of NSA raw Intel and actions to neutralize such efforts are quickly deployed–whatever is required.
The conclusion here is that America no longer has any real Intel of its own–none at all–it is all compromised and hijacked by Israeli and City of London Cutouts and contractors.
2. Because the IZCS has hijacked all American Intel directly from NSA feeds, the IZCS has a long history of stealing American intellectual property and providing it to their corporations. The IZCS can also hijack American corporate bids and defeat them repeatedly until many companies go out of business.
3. The IZCS has compromised almost every single member of Congress, US Supreme Court Judges, most Federal, and almost every single USG official and American Intel Director.
4. The IZCS’s new DHS is a zionist terrorist front, a new Internal American Army that has been deployed against YOU as their NEW ENEMY. The IZCS has created and deployed DHS as the New American Stasi and a New American Neo-Bolshevik Red Cheka. It is controlled by an Israeli-American dual citizen who made millions of USD from selling unshielded X-ray machines to the TSA, which is creating numerous cancer clusters among TSA officers.
5. The principal goal of the IZCS in America is to deploy DHS to tyrannize and degrade Americans and then eventually to start a live “shoot to kill” war against ordinary Americans who organize to take their government back and restore the American Constitutional Republic. This tyranny by DHS is planned to culminate in serial mass-murder of up to 80% of Americans–one way or another.
6. The IZCS has set up and deployed AIPAC, the ADL, the SPLC and others to serve as agents of espionage inside America, to work to destroy its institution of government, dirty up Americans and to destroy the American Family, America’s language borders and culture and to destroy Christianity and Deism in general.
7. The IZCS has hijacked top factions in the CIA, DEA and other American Intel and uses them to traffick illegal narcotics and drugs into America to raise money for deep-cover covert ops.
8. The IZCS has compromised almost every major Urban and Suburban police Department, coercing them to sign secret transfer of jurisdiction agreements giving the Feds, DHS and the Fusion Centers complete jurisdiction in any matter they choose. In return, they are bribed with “stolen” war materials, machine guns, rounds, armored cars and, even in some cases, grenade launchers.
9. The IZCS has stolen numerous loads of nuclear materials from US DOD contractors and refiners for their Dimona Plant and nuclear storage center.
10. The IZCS has used NSA-provided intel to murder hundreds of witnesses to their crimes and federal Whistleblowers. The rest that they don’t murder are watched and often become victims of targeted harassments, placed on DHS and Fusion Center “Terror Watch Lists”, “No-Fly” Lists and “No work lists”. Take the example of Ronald Reagan’s Secret Agent, the Great American Hero Lee Wanta who was instrumental in “bringing down” the Soviet Union. Lee Wanta has been wrongfully imprisoned, tortured, and endures ongoing harassment.
Or consider Mark Novitsky, another Great American Hero who refused to do wrong and coverup crimes while working for an NSA contractor. Both of these American Heroes have paid a terrible price for obeying the law and for putting the welfare of the American People first.
11. The IZCS has hijacked the America Monetary Production and Distribution System and transformed Americans into debt-slaves, drastically reduced the Middle Class and the standard of living, and done this by massive asset-stripping of American wealth and prosperity.
12. The IZCS has used its Cutouts to debase American culture, take the God of our Founding Fathers out of the schools and institutions where they had certain Bible verses and phrases etched in stone, destroy traditional male and female sex roles, destroy the family, promote sexual perversion, promote promiscuity and sexual irresponsibility and addiction, promote diversity and political correctness and illegal immigration and multi-culturalism.
13. The IZCS has completely compromised all of the Major Mass media, transforming it into a propaganda dispenser for the USG and the Central Banksters which are completely under their control. Thus the Major media is now the Controlled Major Mass Media (CMMM).
14. The IZCS has hijacked American seed companies and most major food processors and is in the process of deploying sophisticated GMO’s which will, over time, radically increase the death rate of Americans.
15. The IZCS has hijacked Big Pharma and Big medicine and has used it to deploy vaccines containing monkey viruses like SV40 and numerous harmful adjuvants like squalene and aluminum or formaldehyde, as well as so-called preservatives like ethyl mercury.
16. The IZCS has hijacked many large Insurance Companies and used them for its own designated purposes.
17. The IZCS has deployed contract aircraft through their hijacked intel groups like the CIA that are spraying toxic weather and eugenic substances in the atmosphere. They have also been able to covertly add these toxic substances to ordinary jet fuel.
Numerous samples of these substances have been collected by researchers and scientists who have had them analyzed. What they found were toxic levels of nano-particulized aluminum, barium slats, Hemophilus Influenza, red blood cells, white blood cells, toxic molds, and other strange fiber like substances and compounds.
18. The IZCS has used its vast criminal networks and resources to launder its drug money by buying up large real estate entities and banks and is able to finance almost every new major corporate building with laundered drug money.
19. The IZCS has used a great deal of its money from illegal drug trafficking to build deep underground military bases (DUMBS). Some of these bases are claimed by top insiders to be joint ventures with alien entities and have special genetic labs involved in the development of alien ET/human hybrids.
20. The IZCS is the world’s top Mind-kontroller. It has used hijacked American Intel and its defense contractors to develop and deploy advanced high technology for psychotronic, direct brain entrainment and sound-based subliminal mind-kontrol.
21. Israel used advanced mind-kontrol on those who accept its all-paid junkets. Visitors end up drinking their special Kool-aide and are hit with sophisticated psychotronics, becoming significantly mind-kontrolled to operate as functional zionists without even being aware of it.
22. The IZCS has created what they call the federal family. They have done this by creating Fusion Centers, the DHS, the TSA and numerous armed (previously unarmed) agencies like the Department of Education. Unduly large salaries and extremely liberal benefits have been provided, as well as a special anointing with authoritarian powers to kill with very little accountability if any, due to the War on Terror.
Many of these federal Family folks have been mind-kontrolled by shoulder-held constant on pulsed beam microwave radios and other highly advanced psychotronics, which increases their tendencies to tyrannize and become violent with the public and minimizes their ability to control violent impulses which may crop up.
23. The IZCS has militarized local police departments and many Sheriff’s departments. Their ADL provides most of the police training and drives a hard line against any public dissent, describing it as “domestic terrorism”. It controls what the Fusion Centers and DHS put out as war propaganda which labels the public as “Domestic Terrorists”.
Here is the first part of one of their confidential lists of Domestic Terrorists or Suspected Domestic Terrorists: Catholics, Evangelical Christians, Veterans, Libertarians, Constitutionalists, Tax protestors, Gun owners…..These reports of course are pure ADL propaganda lies and complete smear jobs, all intended to provoke police and Federal Family officers to tyrannize and easily become violent with innocent ordinary Americans or anyone who decides to peacefully protest, an American Constitutional Right.
Remember that the operational goal of the top Policy-Makers who are tools of the IZCS is to provoke a full scale shooting war between ordinary Americans and their police and Federal family Members such as DHS.
Conclusion: The IZCS has hijacked America and has deployed numerous weapons against it now culminating in a phony, staged War on Terror, and if you are an American or live in America, one way or another YOU will soon become THEIR NEW ENEMY. Yes, from here on out if you live in America, you are the designated enemy in this new War On Terror.
If you are a member of the federal family, it is suggested that you read and study up on the Night of the Longknives (Operation Hummingbird) and the various purges under Lenin, Stalin and Mao. Maybe you should reconsider the oath you took to UPHOLD the US Constitution from ALL ENEMIES, FOREIGN and DOMESTIC.
Now for some good news about all this. Despite how bleak this all seems it is far from hopeless and American are beginning to wake up in mass. This is due to the worldwide Internet and the massive dissemination and diffusion of the alternative news. Once facts are published they sink into the hearts of “we the people” with a certain resonance that makes them take hold.
It’s almost instinctive how truth sticks like glue in people hearts and minds and spreads like wildfire all around the Earth. At least 1% of the American population has woken up. Some estimates are 11%. Proof of this is the massive first time gun buyers, the massive sales of high powered handguns, rifles and 12 gauge shotguns and massive ammo sales.
Guns and ammo have literally been flying off the shelves the last several years and there have been serious ammo shortages due to the massive DHS and USG stockpiling of 40 Caliber Hollow Pints and M-16 ammo rounds.
Once 12% of the population wakes up a critical mass turning point will spontaneously occur and through various very strange mass societal changes will occurs and new very powerful, unstoppable populism will emerge and the IZCS will be driven out.
If they are stupid enough to take us into a live shooting war, Internal Civil War with mass killing, the public will suffer great losses but the Federal Family will split and it and the IZCS and any of their forces will be defeated.
All wars are always won by what is in the hearts and minds. In America the American Spirit lives and is getting stronger every day. Soon the foreign filth and their Cutouts run by the Kingpins from City of London and Israel, the perps that have hijacked America, the IZCS, will be completely exposed, stopped, or routed out, one way or another.
And there is good evidence that many retired Intel Cowboys have gone back to work to bring the IZCS Beast down and destroy its grip on American Intel and private Central Banking. Some of the covert operators have long records of success and can create and use numerous different identities.
Many of these Intel Cowboys can use make up and make their own credentials to impersonate officers, draw military and USG paychecks from multiple sources, all at the same time and hack into any computer system anywhere in the USG or American Intel, anywhere anytime. Most of them just did not realize that the IZCS has taken control because of unlimited money provided by zionist Central Banksters and Judaic supporters.
And the best news of all is that more than a few seasoned Intel Cowboys that served the Bush Cabal at its center as well as the IZCS, have now woken up, pulled away from the Bush cabal and are targeting the IZCS with deep cover covert ops that would make your hair stand on end if you were allowed to know.
Some of these Intel Cowboys have now admitted that they were kept so narrowly compartmented that they did not realize the whole picture until the Internet and the numerous Federal Whistle-blowers coming forward and spilling the beans. the simple fact is this, the worldwide Internet and the alternative news it provides spreads truth like a wildfire that cannot be put out even with the application of military force.
The Internet is the New Gutenberg Press, the Achilles Heel of the IZCS. The Internet will turn out to be the greatest trick in history played on the IZCS by the young men at Drapa. They sold the Internet to the IZCS and its SSG promising the greatest spying and surveillance system imaginable. Yes the IZCS got much of what was promised but also a very big hidden surprise which assures their complete exposure and destruction, piece by piece. And this disassembling of the IZCS is already well under way.
The IZCS is now in its death throes and is like a rabid, cornered dog. That makes it very dangerous for the next year or two until it is completely defanged which is coming. If they use the Samson option which they have been threatening numerous nation-states with (they already used it on japan with the nukes planted in the sea bed and in the security camera on site because Japanese turned against them).
New factions within the Military High Command and the USN have already taken note and are working carefully in the background to defang Dimona by utilizing secret satellite activated back-doors in various hardware circuits.
During the height of the bush Cabal (Bush1) those Intel Cowboys that did know were arrested and jailed on trumped up charges to discredit any possible testimony before Congress or in the courts. Now that many have been informed of what really happened on 9-11-01, they are hopping mad that America has been hijacked and the Constitution and its Bill of Rights, and the Rule of Law has been suppressed and ignored by this world’s largest criminal cabal.
The IZCS attacks on America on 9-11-01 have proved to have been a “going for broke” attempt to build a expanded Israeli in greatest intended form. We now know that it was the greatest and final reckless mistake of Israel so far. Even far worse than Israel’s False-Flag attack on the USS Liberty in their attempt to draw America into a Mideast War at the time which even President Johnson, their crypto Judaic stooge refused.
And now many Americans have finally been informed that the Murrah Building attack as well as the first NYC Twin Towers attack using a 55 drum of cyanide stolen from Louis Champon’s Natural Cherrie Flavoring Plant in Boca Raton, Florida, financed by Dr. Ishan Barbouti, the IZCS Cutout that has died at least three times and always come back to life.
As few know, only the top NeoCons 911 Planners, Dr. Barbouti rose again and came back to life to assist with many of the 9/11 attacks subplots which were designed to provide numerous false leads. A few of the most Patriotic Intel Cowboys who have “traveled” very close to the very “top of the pyramid” now believe that Israel provided the anti-matter positron micro-nukes which were installed in the Twin Towers elevators approximately every ten floors.
Most retired Intel Cowboys had previously thought Israel was a supportive Intel partner but didn’t realize that Israel murdered 135 Americans on the Liberty ship as a False-Flag attack and also murdered another 3,000 humans being in NYC and at the Pentagon on 911, assisted by Traitors within the USAF, NORAD and the JCS.
Now that these Intel Cowboys know the truth, they have woken up and back at work serving America’s true “National Security”. I don’t know exactly what they will do but I would expect some very, very crafty covert moves to expose, drive the IZCS out of America or demo it irreparably if necessary.
(3) Jane Standley BBC announcer, http://www.youtube.com/watch?feature=player_detailpage&v=ltP2t9nq9fI
Note: Kay Grigg’s video affidavit has numerous other backup versions. Some have more than four parts and some additional material lost due to editing.
Source: Preston James | Veterans Today
The people that work here, own you.
I receive many emails from well-intentioned and intelligent readers who hold up Iceland as a shining example of what America must do in order to save herself. I agree, in principle with the people who wrote to me that we should emulate Iceland. The Icelanders have demonstrated tremendous resilience, courage and vision to overcome and, at least temporarily, defeat the banksters while restoring their economy.
The people of Iceland have more courage in their little finger than America has in its entire being. Iceland’s financial failure forced its government to resign or be removed, and it also caused citizens to re-evaluate the merits of their reckless spending, borrowing and consumption. Just how did Iceland do it?
Iceland’s President Olafur Ragnar Grimmson was interviewed earlier this year at the World Economic Forum in Davos on why Iceland has enjoyed such a strong recovery after it’s complete financial collapse in 2008, while the rest of the West is still mired in debt, poverty and hopelessness to go with empty promises of an economic recovery.
When asked whether Iceland’s policy of letting the banks fail would have worked in the rest of Europe, Grimsson stated:
“… Why are the banks considered to be the holy churches of the modern economy? Why are private banks not like airlines and telecommunication companies and allowed to go bankrupt if they have been run in an irresponsible way? The theory that you have to bail-out banks is a theory that you allow bankers enjoy for their own profit their success, and then let ordinary people bear their failure through taxes and austerity. People in enlightened democracies are not going to accept that in the long run. …“
Imagine that, let the banks fail! Let the criminal bankers take the same risk as any other business venture. Can we imagine Obama ever speaking this way in public? In fact, if the United States was Iceland, President Obama, John McCain, Diane Feinstein, Nancy Pelosi, Harry Reid, Lindsay Graham, Hillary Clinton, Valerie Jarrett, G.W. Bush, G. H. W. Bush, Lloyd Blankfein, Tim Geithner, Hank Paulson, Jon Corzine, Peter Sutherland, Ben Bernanke, et al., would all be in prison.
And nearly six years later, where is Iceland at today? In just the first year following the repudiation of the debt, the Icelanders economy grew by 2.6%. Banks failed, bankers and politicians were jailed and these brave people wrestled control of their lives back.
If the Icelanders could get their hands on Goldman Sachs officials they would. They impeached and convicted corrupt politicians who were in league with Wall Street, many of whom are serving prison sentences. Iceland is on its way to a full economic recovery while still saying no to the corrupt Goldman Sachs influences in Europe. Iceland is saying no to the Bank of International Settlement. Iceland is a beacon of hope for the rest of the G20 nations including the United States. Yet, the courage on display by the Icelanders will never be on display in the United States.
Americans Aren’t Icelanders
There are a number reasons that America will never throw off the shackles of the Bastards from Basel. First and foremost, we, as a country, are just too plain stupid. Through repeated and failed education programs, such as Goals 2000, No Child Left Behind and now the substandard Common Core, Americans lack the basic sense to organize against anything, much less a virulent pack of banksters.
Additionally, at the end of the day, the Icelanders victory will prove to be inconsequential and very temporary. When the international forces align against Iceland for some contrived excuse, their government will collapse like a house of cards and the banksters will be back in control. We have seen it in Egypt, Libya and soon it will be Iceland’s turn.
The Duck Dynasty worshiping, American Idol watching country can’t even find England on a map 65% of the time. A whopping 80% cannot find Iraq on a map, 55% cannot name the Vice President and America reads nearly two whole grade levels lower than they did only a 40 years ago. In short, the rank and file of our citizenry lacks the intelligence to organize their collective shoes in the closet.
Change can be painful and America has become a soft nation. We are not only an ignorant nation, we are the most obese nation on the planet. Most of the people in this country could not fight their way out of a wet paper bag. My military sources tell me that there have been serious discussions among the military leadership about how they would fight a guerrilla war against the bankster occupation forces which will consist mostly of the Chinese and the Russians. What is holding them back is that they do not feel that they can count on the support from the rank and file of this population. The military believes that maybe, on a good day, 2-3% of the adult males would stand with dissident military forces. I never thought I would write this, but the American people are no tougher than the French and the French haven’t won a war in over 200 years.
I do expect that the factions of the military are going to rise and put up some resistance. However, no revolution can be successful without the support of the people.
Well-intentioned people write to me and tell me how 250 million gun owners are going to throw off the chains of slavery. If that were going to happen, it would have happened nearly six years ago. In 2008, the banksters, led by Hank Paulson, helped themselves to our nation’s money and our economy went into free fall. And what did we do to stop the greatest bank robbery in world history? We did nothing!!! Subsequently, we are a defeated nation. With the growing foreign troop presence and the rise of America’s version of the East German Stasi (aka the DHS), we are also an occupied nation. Americans have lost the war and most are unaware that anything has even happened. Hillary Clinton is selling off the assets of this country to the Chinese. The EPA is stealing a million acres of land at a time. Your retirements, IRA’s and bank account will soon be gone. And what will most of America do, change the channel and open another beer.
This is why my analyses and subsequently my writing style changed to more of an adaptation approach. Americans need to be worried about having enough resources to survive the induced social chaos that is coming. Our people must also be able to defend their resources. And finally, you and your family need to develop strategies on how to avoid being induced or forced to into a detention camp. These events are not far away.If you do not know how to pray, now is the time to learn.
Source: The Common Sense Show
The economy has been debilitated by the offshoring of middle class jobs for the benefit of corporate profits and by the Federal Reserve’s policy of Quantitative Easing in order to support a few oversized banks that the government protects from market discipline. Not only does QE distort bond and stock markets, it threatens the value of the dollar and has resulted in manipulation of the gold price.
When US corporations send jobs offshore, the GDP, consumer income, tax base, and careers associated with the jobs go abroad with the jobs. Corporations gain the additional profits at large costs to the economy in terms of less employment, less economic growth, reduced state, local and federal tax revenues, wider deficits, and impairments of social services.
When policymakers permitted banks to become independent of market discipline, they made the banks an unresolved burden on the economy. Authorities have provided no honest report on the condition of the banks. It remains to be seen if the Federal Reserve can create enough money to monetize enough debt to rescue the banks without collapsing the US dollar. It would have been far cheaper to let the banks fail and be reorganized.
US policymakers and their echo chamber in the economics profession have let the country down badly. They claimed that there was a “New Economy” to take the place of the “old economy” jobs that were moved offshore. As I have pointed out for a decade, US jobs statistics show no sign of the promised “New Economy.”
The same policymakers and economists who told us that “markets are self-regulating” and that the financial sector could safely be deregulated also confused jobs offshoring with free trade. Hyped “studies” were put together designed to prove that jobs offshoring was good for the US economy. It is difficult to fathom how such destructive errors could consistently be made by policymakers and economists for more than a decade. Were these mistakes or cover for a narrow and selfish agenda?
In June, 2009 happy talk appeared about “the recovery,” now 4.5 years old. As John Williams (shadowstats.com) has made clear, “the recovery” is entirely the artifact of the understated measure of inflation used to deflate nominal GDP. By under-measuring inflation, the government can show low, but positive, rates of real GDP growth. No other indicator supports the claim of economic recovery.
John Williams writes that consumer inflation, if properly measured, is running around 9%, far above the 2% figure that is the Fed’s target and more in line with what consumers are actually experiencing. We have just had a 6.5% annual increase in the cost of a postage stamp.
The Fed’s target inflation rate is said to be low, but Simon Black points out that the result of a lifetime of 2% annual inflation is the loss of 75% of the purchasing power of the currency. He uses the cost of sending a postcard to illustrate the decline in the purchasing power of median household income today compared to 1951. That year it cost one cent to send a post card. As household income was $4,237, the household could send 423,700 postcards. Today the comparable income figure is $51,017. As it costs 34 cents to send one postcard, today’s household can only afford to send 150,050 postcards. Nominal income rose 12 times, and the cost of sending a postcard rose 34 times.
Just as the American people know that there is more inflation than is reported, they know that there is no recovery. The Gallup Poll reported this month that only 28% of Americans are satisfied with the economy. http://www.gallup.com/poll/166871/americans-satisfaction-economy-sours-2001.aspx?version=print
From hard experience, Americans have also caught on that “free trade agreements” are nothing but vehicles for moving their jobs abroad. The latest effort by the corporations to loot and defraud the public is known as the “Trans-Pacific Partnership.” “Fast-tracking” the bill allowed the corporations to write the bill in secret without congressional input. Some research shows that 90% of Americans will suffer income losses under TPP, while wealth becomes even more concentrated at the top.
TPP affects every aspect of our lives from what we eat to the Internet to the environment. According to Kevin Zeese in Alternet, “the leak of the [TPP] Intellectual Property Chapter revealed that it created a path to patent everything imaginable, including plants and animals, to turn everything into a commodity for profit.”
The secretly drafted TPP also creates authority for the executive branch to change existing US law to make the laws that were not passed in secret compatible with the secretly written trade bill. Buy American requirements and any attempt to curtail jobs offshoring would become illegal “restraints on trade.”
If the House and Senate are willing to turn over their legislative function to the executive branch, they might as well abolish themselves.
The financial media has been helping the Federal Reserve and the banks to cover up festering problems with rosy hype, but realization that there are serious unresolved problems might be spreading. Last week interest rates on 30-day T-bills turned negative. That means people were paying more for a bond than it would return at maturity. Dave Kranzler sees this as a sign of rising uncertainty about banks. Reminiscent of the Cyprus banks’ limits on withdrawals, last Friday (January 24) the BBC reported that the large UK bank HSBC is preventing customers from withdrawing cash from their accounts in excess of several thousand pounds.http://www.bbc.co.uk/news/business-25861717
If and when uncertainty spreads to the dollar, the real crisis will arrive, likely followed by high inflation, exchange controls, pension confiscations, and resurrected illegality of owning gold and silver. Capitalist greed aided and abetted by economists and policymakers will have destroyed America.
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 book, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West is now available.
Source: Paul Craig Roberts
Concerns about an imminent bank crash were further fuelled today at news that HSBC are restricting the amount of cash that customers can withdraw from their own bank accounts. Customers were told that without proof of the intended use of their own money, HSBC would refuse to release it. This, and other worrying signs point to a possible financial crash in the near future.
HSBC is scrambling to manage a seemingly terminal liquidity crisis (a lack of hard cash) that could see the bank become the next Northern Rock – and trigger a bank crash. The analyst’s advice is for shareholders to sell HSBC investments, and customers to move their accounts elsewhere before the crash.
This from the Telegraph:
Forensic Asia on Tuesday began its coverage of Britain’s largest banking group with a ‘sell’ recommendation, warning the lender had between $63.6bn (£38.7bn) and $92.3bn of “questionable assets” on its balance sheet, ranging from loan loss reserves and accrued interest to deferred tax assets, defined benefit pension schemes and opaque Level 3 assets.
According a report by the BBC’s MoneyBox Programme, HSBC customers have gone to withdraw cash from their accounts, only to find HSBC would not release the funds. Customers were told to make a bank transfer instead, unless they provided documentation proving the intended use of the money. Stephen Cotton attempted a withdrawal and told the programme:
“When we presented them with the withdrawal slip, they declined to give us the money because we could not provide them with a satisfactory explanation for what the money was for. They wanted a letter from the person involved.”
Mr Cotton says the staff refused to tell him how much he could have: “So I wrote out a few slips. I said, ‘Can I have £5,000?’ They said no. I said, ‘Can I have £4,000?’ They said no. And then I wrote one out for £3,000 and they said, ‘OK, we’ll give you that.’ “
He asked if he could return later that day to withdraw another £3,000, but he was told he could not do the same thing twice in one day.
As this was not a change to the Terms and Conditions of your bank account we had no need to pre-notify customers of the change”
He wrote to complain to HSBC about the new rules and also that he had not been informed of any change.
The bank said it did not have to tell him. “As this was not a change to the Terms and Conditions of your bank account, we had no need to pre-notify customers of the change,” HSBC wrote.
Mr Cotton is not alone, with other customers seeking to withdraw cash amounts over £3,000 facing the same obstacles. While HSBC argue there is comes customer security interest here, the story simply doesn’t add up. Customer identification is required for large withdrawals, not customer intentions – a person’s cash is theirs to withdraw and place wherever they so wish. Instead, HSBC has been found to have a capitalization black hole (gap between actual cash and obligations) of$80bn. The message is simple, get your money out now.
The Gold Rush
The major banks and states appear to be preparing for impending crisis, while pretending to the public that the economic situation is improving.
There is a gold rush underway, with Banks and States frantically buying up as much gold reserve as they can, stoking fears that confidence in currency is at an all-time low. In recent months and weeks, banks like HSBC and JP Morgan, and states such as the US, Germany and China have joined the gold rush, making vast purchases of stocks.
Investment analysts at Seeking Alpha have been monitoring the strange activity on the COMEX, stating:
“keeping track of COMEX inventories is something that is recommended for all serious investors who own physical gold and the gold ETFs (SPDR Gold Shares (GLD), PHYS, and CEF) because any abnormal inventory declines may signify extraordinary events behind the scenes.”
Another Bank Crash? Why?
The crash is in some ways a replay of the last one. The US dollar is a fiat currency (as is the pound sterling, the euro and most other major currencies). This means, it is monopoly money. There is no gold reserve that its values are pegged to. It is simply made up. So how does money get made? A private, for profit central bank prints it and lends it to the government (or other banks) at an interest rate. So the Central Bank prints $100, and gives it to the government on the basis that it returns $101. You may have already spotted the first flaw in this process. The additional $1 can only ever come from the Central Bank. There is never enough money. The second issue is that all money is debt.
This used to be the way pretty much all of the money in circulation came to be. That is, until Investment and Retail Banks got tired of this monopoly on debt based currency, and kicked off thecommercial money supply. You might assume that when you take out a loan or other form of credit, a bank gives you that money from its reserves, and you then pay back that loan to the Bank at a given interest rate – the Bank making its profit on the interest rate. You would be wrong. The Bank simply creates that loan on a computer screen. Let’s say you are granted a loan for $100,000. The moment that loan is approved and $100k is entered on the computer – that promise from you to the bank creates $100k for the bank, in that instant. This ledger entry alone creates the $100k, from nothing. Today, over 97% of all money that exists, is made this way.
This is what drove the dodgy lending practises that created the last crisis. But since then, the failure to regulate the markets means that while bailouts hit public services and the real economy – banks were free to continue the same behaviour, bringing the next crash.
The world’s second richest man, Warren Buffet warned us in 2003 that the derivatives market was ‘devised by madmen’ and a ‘weapon of mass destruction’ and we have only seen the first blast in this debt apocalypse.
The news that should have us all worried is: the derivatives market contains $700trn of these debts yet to implode.
Global GDP stands at $69.4trn a year. This means that (primarily) Wall Street and the City of London have run up phantom paper debts of more than ten times of the annual earnings of the entire planet.
Not only can the Bankers not pay it back, the combined earning power of the earth could not pay it back in less than ten years if every last cent of our productive power went solely to pay off this debt.
This is why answering the issues with our currencies, our banking practices and economic system are not theoretical or academic – they are a matter of our very survival.
With Ben Shalom Bernanke set to depart on the last day of January 2014, the critique and speculation of his tenure as Chairman of the Federal Reserve begins. The mainstream financial press is giving mostly favorable accounts. Heretofore, such praiseworthy acclamations strike a shape contrast with the actual record of the state of the economy. However, the admirers of the Fed and his specific enactments live in a time warp that only masters of the universe encounter. For the remaining population, an intense struggle for survival is the actual experience, remembered from the Bernanke years.
Investopedia expresses a complimentary score of The Legacy Of Ben Bernanke, and cites distinguished highlights and concludes that “Under Bernanke’s stewardship, the Fed became the most transparent it has ever been in its history.”
Yet, they are compelled to mention that from 2008 onward, Bernanke and the Fed embarked on a series of unparalleled – and often unconventional – rescue programs and stimulus measures. These included:
- ratcheting interest rates down to the lowest levels in American history;
- force-feeding the U.S. economy with trillions of dollars through successive rounds of “quantitative easing”;
- bailing out troubled Wall Street firms and institutions;
- orchestrating the rescue of other troubled financial institutions through shotgun weddings; and
- lending funds to diverse sectors of the U.S. economy to revive stalled credit markets.
Ben Bernanke’s Great Inflation Coverup, is an assessment that one would expect from the Mother Jones publication.
“Bernanke’s problem is pretty simple here: he almost certainly wants higher inflation . . . Once the Fed has reduced interest rates to zero, it can’t go any further. But what if the economy is so bad that all the standard models suggest you need negative interest rates to get the economy back on track? The only answer is higher inflation. If inflation is running at 2% and interest rates are at zero, the real interest rate is -2%. If you borrow money, you’re effectively being allowed to pay back less than you borrowed.”
Then there is the valid point made by Bill Sardi in LewRockwell.com. “The Fed been printing new money at the rate of $85 billion a month which is being distributed to close member banks who are gambling it on the Wall Street stock market to recapitalize themselves rather than lending it out into the economy so citizens can buy new homes, automobiles.”
The example of Paying back retirees with cheaper dollars illustrates the real costs of built in systemic inflation, not just for citizens on a fix income, but for everyone. This lost in purchasing value of the currency is obvious to any honest person.
“The average social security check was $321 in 1980 and in 2011 it was $1183 (adjusted for inflation). But if that $321 pension check were to be fully adjusted for inflation according to way inflation was calculated in 1980 (cost of gasoline and food included), then that $321 should be $3636 to have the same purchasing power today.”
The severity of income disparity has reached staggering levels. Elite insiders game the system with insider speculation certainty, while the constructive producers that keep the real components of the economy functioning, are pushed to the margins.
Bernanke’s real legacy produced the following outcomes. The always-reliable ZeroHedge site states some undeniable facts under Bernanke’s watch.
- The US has never experienced 3% GDP growth.
- The labor participation rate has fallen to levels not seen since the ‘70s.
- Inflation-adjusted median incomes have fallen 7%.
- The US’s debt load has risen from $8.4 trillion to over $16 trillion.
- The Fed’s balance sheet has increased from $800 billion to over $4 trillion (larger than the economies of Brazil, France and even Germany).
- Food prices have hit record highs fomenting revolutions in the Middle East and untold suffering around the globe.
- The Fed has funneled trillions of Dollars into both US banks and European banks.
- The Fed has allowed fraud, insider trading, and corruption.
The banksters demanded a bailed out because their derivative greed exacted losses that required an immense infusion of liquidity to rescue their balance sheets. Under Bernanke, the titans of finance have an unlimited line of near zero rate interest of new credit. When the establishment financial press applauds the savior of the economy, their loyalty towards corporatist governance, dictates that the economic interests and the public welfare of ordinary people is expendable.
Look to a prime example of this concentration of wealth and control. The Global 1%: Exposing the Transnational Ruling Class by Peter Phillips and Kimberly Soeiro, focus on BlackRock.
“BlackRock is one of the most concentrated power networks among the global 1 percent. The eighteen members of the board of directors are connected to a significant part of the world’s core financial assets. Their decisions can change empires, destroy currencies, and impoverish millions. Some of the top financial giants of the capitalist world are connected by interlocking boards of directors at BlackRock, including Bank of America, Merrill Lynch, Goldman Sachs, PNC Bank, Barclays, Swiss Reinsurance Company, American International Group (AIG), UBS A.G., Arab Fund for Economic and Social Development, J. P. Morgan Chase & Co., and Morgan Stanley.”
These crony capitalists are the prototypes that benefited from Bernanke decisions.
During the Bernanke era, the debt bubble entered the point of no return to solvency. His place in the history of shame sets the stage for further economic turmoil. The Federal Reserve after Ben Bernanke article indicates that the Fed is boxed into a pattern that is likely to escalate out of control.
“With the uninterrupted, increase in federal debt, much of which is held by the Federal Reserve, the prospects of achieving prosperity by growing the economy, when interests rates have been near zero, failed miserably. It becomes almost absurd to believe that higher rates on Treasury Bonds will succeed. The new chair of the Fed will be hard pressed shutting down Quantitative Easing.”
A depression in the real economy is foreordained with the retraction of credit to most enterprises. This starving of access to funding is a conscious and deliberate strategy to force competition out of business. The grand scale that the banksters operate on has little room for upstarts or hanger-on’s. At the end of this very destructive Bernanke term, the rich got fabulous more wealthy, as the country sinks into decline on so many levels.
A poll last year showed that trust in the mainstream media is increasing, which should worry all of us who value truth, integrity and press freedom. Why? Here are 10 disturbing things everyone needs to know about the global media giants who control our supply of information, wielding immense power over the people- and even over the government.
1. Mainstream media exists solely to make profit
What´s the purpose of the mainstream media? Saying that the press exists to inform, educate or entertain is like saying Apple corporation´s primary function is to make technology which will enrich our lives. Actually, the mass media industry is the same as any other in a capitalist society: it exists to make profit. Medialens, a British campaigning site which critiques mainstream (or corporate) journalism, quotedbusiness journalist Marjorie Kelly as saying that all corporations, including those dealing with media, exist only to maximize returns to their shareholders. This is, she said, ´the law of the land…universally accepted as a kind of divine, unchallengeable truth´. Without pleasing shareholders and a board of directors, mass media enterprises simply would not exist. And once you understand this, you´ll never watch the news in the same way again.
2. Advertisers dictate content
So how does the pursuit of profit affect the news we consume? Media corporations make the vast majority (typically around 75%) of their profit from advertising, meaning it´s advertisers themselves that dictate content- not journalists, and certainly not consumers. Imagine you are editor of a successful newspaper or TV channel with high circulation or viewing figures. You attract revenue from big brands and multinational corporations such as BP, Monsanto and UAE airlines. How could you then tackle important topics such as climate change, GM food or disastrous oil spills in a way that is both honest to your audience and favorable to your clients? The simple answer is you can´t. This might explain why Andrew Ross Sorkin of the New York Times- sponsored by Goldman Sachs- is so keen todefend the crooked corporation. Andrew Marr, a political correspondent for the BBC, sums up the dilemma in his autobiography: ´The biggest question is whether advertising limits and reshapes the news agenda. It does, of course. It’s hard to make the sums add up when you are kicking the people who write the cheques.´ Enough said…
3. Billionaire tycoons & media monopolies threaten real journalism
The monopolization of the press (fewer individuals or organizations controlling increasing shares of the mass media) is growingyear by year, and this is a grave danger to press ethics and diversity. Media mogul RupertMurdoch´s neo-liberal personal politics are reflected in his 175 newspapers and endorsed by pundits (see Fox news) on the 123 TV channels he owns in the USA alone. Anyone who isn´t worried by this one man´s view of the world being consumed by millions of people across the globe- from the USA to the UK, New Zealand to Asia, Europe to Australia- isn´t thinking hard enough about the consequences. It´s a grotesquely all-encompassing monopoly, leaving no doubt that Murdoch is one of the most powerful men in the world. But as the News International phone hacking scandal showed, he´s certainly not the most honorable or ethical. Neither is AlexanderLebedev, a former KGB spy and politician who bought British newspaper The Independent in 2010. With Lebedev´s fingers in so many pies (the billionaire oligarch is into everything from investment banking to airlines), can we really expect news coverage from this once well-respected publication to continue in the same vein? Obviously not: the paper had always carried a banner on its front page declaring itself ´free from party political bias, free from proprietorial influence´, but interestingly this was dropped in September 2011.
4. Corporate press is in bed with the government
Aside from the obvious, one of the most disturbing facts to emerge from Murdoch´s News International phone hacking scandal (background information here ) was the exposure of shady connections between top government officials and press tycoons. During the scandal, and throughout the subsequent Leveson inquiry into British press ethics (or lack of them), we learned of secret meetings, threatsby Murdoch to politicians who didn´t do as he wanted, and that Prime Minister David Cameron has a very close friendship with The Sun´s then editor-in-chief (and CEO of News International) Rebekah Brooks. How can journalists do their job of holding politicians to account when they are vacationing together or rubbing shoulders at private dinner parties? Clearly, they don´t intend to. But the support works both ways- Cameron´s government tried to help Murdoch´s son win a bid for BSkyB, while bizarrely, warmongering ex Prime Minister Tony Blair is godfather to Murdoch´s daughter Grace. As well as ensuring an overwhelming bias in news coverage and election campaigns, flooding newspapers with cheap and easy articles from unquestioned government sources, and gagging writers from criticizing those in power, these secret connections also account for much of the corporate media´s incessant peddling of the patriotism lie- especially in the lead-up to attacks on other countries. Here´s an interestinganalysis of The New York Times´s coverage of the current Syria situation for example, demonstrating how corporate journalists are failing to reflect public feeling on the issue of a full-scale attack on Assad by the US and its allies.
5. Important stories are overshadowed by trivia
You could be forgiven for assuming that the most interesting part of Edward Snowden´s status as a whistleblower was his plane ride from Hong Kong to Russia, or his lengthy stint waiting in Moscow airport for someone- anyone- to offer him asylum. Because with the exception of The Guardian who published the leaks (read them in fullhere), the media has generally preferred not to focus on Snowden´s damning revelations about freedom and tyranny, but rather on banaltrivia – his personality and background, whether his girlfriend misses him, whether he is actually a Chinese spy, and ahhh, didn´t he remind us all of Where´s Waldo as he flitted across the globe as a wanted fugitive? The same could be said of Bradley Manning´s gender re-assignment, which conveniently overshadowed the enormous injustice of his sentence. And what of Julian Assange? His profile on the globally-respected BBC is dedicated almost entirely to a subtle smearing of character, rather than detailing Wikileaks´s profound impact on our view of the world. In every case, the principal stories are forgotten as our attention, lost in a sea of trivia, is expertly diverted from the real issues at hand: those which invariably, the government wants us to forget.
6. Mainstream media doesn´t ask questions
´Check your sources, check your facts´ are golden rules in journalism 101, but you wouldn´t guess that from reading the mainstream press or watching corporate TV channels. At the time of writing, Obama is beating the war drums over Syria. Following accusations by the US and Britain that Assad was responsible for a nerve gas attack on his own civilians last month, most mainstream newspapers- like the afore-mentioned New York Times- have failed to demand evidence or call for restraint on a full-scale attack. But there are several good reasons why journalists should question the official story. Firstly, British right-wing newspaper The Daily Mail actually ran a news piece back in January this year, publishing leaked emails from a British arms company showing the US was planning a false flag chemical attack on Syria´s civilians. They would then blame it on Assad to gain public support for a subsequent full-scale invasion. The article was hastily deleted but a cached version still exists. Other recent evidence lends support to the unthinkable. It has emerged that the chemicals used to make the nerve gas were indeed shipped from Britain, and German intelligenceinsists Assad was not responsible for the chemical attack. Meanwhile, a hacktivist has come forward with alleged evidence of US intelligence agencies´ involvement in the massacre (download it for yourself here ), with a growing body of evidence suggesting this vile plot was hatched by Western powers. Never overlook the corporate media´s ties to big business and big government before accepting what you are told- because if journalism is dead, you have a right and a duty to ask your own questions.
7. Corporate journalists hate real journalists
Sirota rightly points out the irony of this: ´Here we have a reporter expressing excitement at the prospect of the government executing the publisher of information that became the basis for some of the most important journalism in the last decade.´ Sirota goes on to note various examples of what he calls the ´Journalists against Journalism club´, and gives severalexamples of how The Guardian columnist Glenn Greenwald has been attacked by the corporate press for publishing Snowden´s leaks. The New York Times’ Andrew Ross Sorkin called for Greenwald’s arrest, while NBC’s David Gregory´s declared that Greenwald has ´aided and abetted Snowden´. As for the question of whether journalists can indeed be outspoken, Sirota accurately notes that it all depends on whether their opinions serve or challenge the status quo, and goes on to list the hypocrisy of Greenwald´s critics in depth: ´Grunwald has saber-rattling opinions that proudly support the government’s drone strikes and surveillance. Sorkin’s opinions promote Wall Street’s interests. (The Washington Post´s David) Broder had opinions that supported, among other things, the government’s corporate-serving “free” trade agenda. (The Washington Post´s Bob) Woodward has opinions backing an ever-bigger Pentagon budget that enriches defense contractors. (The Atlantic´s Jeffrey) Goldberg promotes the Military-Industrial Complex’s generally pro-war opinions. (The New York Times´s Thomas) Friedman is all of them combined, promoting both “free” trade and “suck on this” militarism. Because these voices loyally promote the unstated assumptions that serve the power structure and that dominate American politics, all of their particular opinions aren’t even typically portrayed as opinions; they are usually portrayed as noncontroversial objectivity.´
8. Bad news sells, good news is censored, and celebrity gossip trumps important issues
It´s sad but true: bad news really does sell more newspapers. But why? Are we really so pessimistic? Do we relish the suffering of others? Are we secretly glad that something terrible happened to someone else, not us? Reading the corporate press as an alien visiting Earth you might assume so. Generally, news coverage is sensationalist and depressing as hell, with so many pages dedicated to murder, rape and pedophilia and yet none to the billions of good deeds and amazingly inspirational movements taking place every minute of every day all over the planet. But the reasons we consume bad news are perfectly logical. In times of harmony and peace, people simply don´t feel the need to educate themselves as much as they do in times of crises. That´s good news for anyone beginning to despair that humans are apathetic, hateful and dumb, and it could even be argued that this sobering and simple fact is a great incentive for the mass media industry to do something worthwhile. They could start offering the positive and hopeful angle for a change. They could use dark periods of increased public interest to convey a message of peace and justice. They could reflect humanity´s desire for solutions and our urgent concerns for the environment. They could act as the voice of a global population who has had enough of violence and lies to campaign for transparency, equality, freedom, truth, and real democracy. Would that sell newspapers? I think so. They could even hold a few politicians to account on behalf of the people, wouldn´t that be something? But for the foreseeable future, it´s likely the corporate press will just distract our attention with another picture of Rhianna´s butt, another rumor about Justin Bieber´s coke habit, or another article about Kim Kardashian (who is she again?) wearing perspex heels with swollen ankles while pregnant. Who cares about the missing$21 trillion, what was she thinking?
9. Whoever controls language controls the population
Have you read George Orwell´s classic novel1984 yet? It´s become a clichéd reference in today´s dystopia, that´s true, but with good reason. There are many- too many- parallels between Orwell´s dark imaginary future and our current reality, but one important part of his vision concerned language. Orwell coined the word ´Newspeak´ to describe a simplistic version of the English language with the aim of limiting free thought on issues that would challenge the status quo (creativity, peace, and individualism for example). The concept of Newspeak includes what Orwell called ´DoubleThink´- how language is made ambiguous or even inverted to convey the opposite of what is true. In his book, the Ministry of War is known as the Ministry of Love, for example, while the Ministry of Truth deals with propaganda and entertainment. Sound familiar yet? Another book that delves into this topic deeper is Unspeak, a must-read for anyone interested in language and power and specifically how words are distorted for political ends. Terms such as ´peace keeping missiles´, ´extremists´ and ´no-fly zones´, weapons being referred to as ´assets´, or misleading business euphemisms such as ´downsizing´ for redundancy and ´sunset´ for termination- these, and hundreds of other examples, demonstrate how powerful language can be. In a world of growing corporate media monopolization, those who wield this power can manipulate words and therefore public reaction, to encourage compliance, uphold the status quo, or provoke fear.
10. Freedom of the press no longer exists
The only press that is currently free (at least for now) is the independent publication with no corporate advertisers, board of directors, shareholders or CEOs. Details of how the state has redefined journalism are noted here and are mentioned in #7, but the best recent example would be the government´s treatment of The Guardian over its publication of the Snowden leaks. As a side note, it´s possible this paper plays us as well as any other- The Guardian Media Group isn´t small fry, after all. But on the other hand- bearing in mind points 1 to 9- why should we find it hard to believe that after the NSA files were published, editor Alan Rusbridge wastold by the powers that be ´you´ve had your fun, now return the files´, that government officials stormed his newsroom and smashed up hard drives, or that Greenwald´s partner David Miranda wasdetained for 9 hours in a London airport under the Terrorism Act as he delivered documents related to the columnist´s story? Journalism, Alan Rusbridge lamented, ´may be facing a kind of existential threat.´ As CBS Evening News anchor Dan Rather wrote: ‘We have few princes and earls today, but we surely have their modern-day equivalents in the very wealthy who seek to manage the news, make unsavory facts disappear and elect representatives who are in service to their own economic and social agenda… The “free press” is no longer a check on power. It has instead become part of the power apparatus itself.’
Sophie is a staff writer for True Activist and a freelance feature writer for various publications on society, activism and other topics. You can read more of her stuff here.
Source: True Activist
What really happened in the Ukrainian crisis?
It is freezing cold in Kiev, legendary city of golden domes on the banks of Dnieper River – cradle of ancient Russian civilisation and the most charming of East European capitals. It is a comfortable and rather prosperous place, with hundreds of small and cosy restaurants, neat streets, sundry parks and that magnificent river. The girls are pretty and the men are sturdy. Kiev is more relaxed than Moscow, and easier on the wallet. Though statistics say the Ukraine is broke and its people should be as poor as Africans, in reality they aren’t doing too badly, thanks to their fiscal imprudence. The government borrowed and spent freely, heavily subsidised housing and heating, and they brazenly avoided devaluation of the national currency and the austerity program prescribed by the IMF. This living on credit can go only so far: the Ukraine was doomed to default on its debts next month or sooner, and this is one of the reasons for the present commotion.
A tug-of-war between the East and the West for the future of Ukraine lasted over a month, and has ended for all practical purposes in a resounding victory for Vladimir Putin, adding to his previous successes in Syria and Iran. The trouble began when the administration of President Yanukovich went looking for credits to reschedule its loans and avoid default. There were no offers. They turned to the EC for help; the EC, chiefly Poland and Germany, seeing that the Ukrainian administration was desperate, prepared an association agreement of unusual severity.
The EC is quite hard on its new East European members, Latvia, Romania, Bulgaria et al.: these countries had their industry and agriculture decimated, their young people working menial jobs in Western Europe, their population drop exceeded that of the WWII.
But the association agreement offered to the Ukraine was even worse. It would turn the Ukraine into an impoverished colony of the EC without giving it even the dubious advantages of membership (such as freedom of work and travel in the EC). In desperation, Yanukovich agreed to sign on the dotted line, in vain hopes of getting a large enough loan to avoid collapse. But the EC has no money to spare – it has to provide for Greece, Italy, Spain. Now Russia entered the picture. At the time, relations of the Ukraine and Russia were far from good. Russians had become snotty with their oil money, the Ukrainians blamed their troubles on Russians, but Russia was still the biggest market for Ukrainian products.
For Russia, the EC agreement meant trouble: currently the Ukraine sells its output in Russia with very little customs protection; the borders are porous; people move freely across the border, without even a passport. If the EC association agreement were signed, the EC products would flood Russia through the Ukrainian window of opportunity. So Putin spelled out the rules to Yanukovich: if you sign with the EC, Russian tariffs will rise. This would put some 400,000 Ukrainians out of work right away. Yanukovich balked and refused to sign the EC agreement at the last minute. (I predicted this in my report from Kiev full three weeks before it happened, when nobody believed it – a source of pride).
The EC, and the US standing behind it, were quite upset. Besides the loss of potential economic profit, they had another important reason: they wanted to keep Russia farther away from Europe, and they wanted to keep Russia weak. Russia is not the Soviet Union, but some of the Soviet disobedience to Western imperial designs still lingers in Moscow: be it in Syria, Egypt, Vietnam, Cuba, Angola, Venezuela or Zimbabwe, the Empire can’t have its way while the Russian bear is relatively strong. Russia without the Ukraine can’t be really powerful: it would be like the US with its Mid-western and Pacific states chopped away. The West does not want the Ukraine to prosper, or to become a stable and strong state either, so it cannot join Russia and make it stronger. A weak, poor and destabilised Ukraine in semi-colonial dependence to the West with some NATO bases is the best future for the country, as perceived by Washington or Brussels.
Angered by this last-moment-escape of Yanukovich, the West activated its supporters. For over a month, Kiev has been besieged by huge crowds bussed from all over the Ukraine, bearing a local strain of the Arab Spring in the far north. Less violent than Tahrir, their Maidan Square became a symbol of struggle for the European strategic future of the country. The Ukraine was turned into the latest battle ground between the US-led alliance and a rising Russia. Would it be a revanche for Obama’s Syria debacle, or another heavy strike at fading American hegemony?
The simple division into “pro-East” and “pro-West” has been complicated by the heterogeneity of the Ukraine. The loosely knit country of differing regions is quite similar in its makeup to the Yugoslavia of old. It is another post-Versailles hotchpotch of a country made up after the First World War of bits and pieces, and made independent after the Soviet collapse in 1991. Some parts of this “Ukraine” were incorporated by Russia 500 years ago, the Ukraine proper (a much smaller parcel of land, bearing this name) joined Russia 350 years ago, whilst the Western Ukraine (called the “Eastern Regions”) was acquired by Stalin in 1939, and the Crimea was incorporated in the Ukrainian Soviet Republic by Khrushchev in 1954.
The Ukraine is as Russian as the South-of-France is French and as Texas and California are American. Yes, some hundreds years ago, Provence was independent from Paris, – it had its own language and art; while Nice and Savoy became French rather recently. Yes, California and Texas joined the Union rather late too. Still, we understand that they are – by now – parts of those larger countries, ifs and buts notwithstanding. But if they were forced to secede, they would probably evolve a new historic narrative stressing the French ill treatment of the South in the Cathar Crusade, or dispossession of Spanish and Russian residents of California.
Accordingly, since the Ukraine’s independence, the authorities have been busy nation-building, enforcing a single official language and creating a new national myth for its 45 million inhabitants. The crowds milling about the Maidan were predominantly (though not exclusively) arrivals from Galicia, a mountainous county bordering with Poland and Hungary, 500 km (300 miles) away from Kiev, and natives of the capital refer to the Maidan gathering as a “Galician occupation”.
Like the fiery Bretons, the Galicians are fierce nationalists, bearers of a true Ukrainian spirit (whatever that means). Under Polish and Austrian rule for centuries, whilst the Jews were economically powerful, they are a strongly anti-Jewish and anti-Polish lot, and their modern identity centred around their support for Hitler during the WWII, accompanied by the ethnic cleansing of their Polish and Jewish neighbours. After the WWII, the remainder of pro-Hitler Galician SS fighters were adopted by US Intelligence, re-armed and turned into a guerrilla force against the Soviets. They added an anti-Russian line to their two ancient hatreds and kept fighting the “forest war” until 1956, and these ties between the Cold Warriors have survived the thaw.
After 1991, when the independent Ukraine was created, in the void of state-building traditions, the Galicians were lauded as ‘true Ukrainians’, as they were the only Ukrainians who ever wanted independence. Their language was used as the basis of a new national state language, their traditions became enshrined on the state level. Memorials of Galician Nazi collaborators and mass murderers Stepan Bandera and Roman Shukhevych peppered the land, often provoking the indignation of other Ukrainians. The Galicians played an important part in the 2004 Orange Revolution as well, when the results of presidential elections were declared void and the pro-Western candidate Mr Yuschenko got the upper hand in the re-run.
However, in 2004, many Kievans also supported Yuschenko, hoping for the Western alliance and a bright new future. Now, in 2013, the city’s support for the Maidan was quite low, and the people of Kiev complained loudly about the mess created by the invading throngs: felled trees, burned benches, despoiled buildings and a lot of biological waste. Still, Kiev is home to many NGOs; city intellectuals receive generous help from the US and EC. The old comprador spirit is always strongest in the capitals.
For the East and Southeast of the Ukraine, the populous and heavily industrialised regions, the proposal of association with the EC is a no-go, with no ifs, ands or buts. They produce coal, steel, machinery, cars, missiles, tanks and aircraft. Western imports would erase Ukrainian industry right off the map, as the EC officials freely admit. Even the Poles, hardly a paragon of industrial development, had the audacity to say to the Ukraine: we’ll do the technical stuff, you’d better invest in agriculture. This is easier to say than to do: the EC has a lot of regulations that make Ukrainian products unfit for sale and consumption in Europe. Ukrainian experts estimated their expected losses for entering into association with the EC at anything from 20 to 150 billion euros.
For Galicians, the association would work fine. Their speaker at the Maidan called on the youth to ‘go where you can get money’ and do not give a damn for industry. They make their income in two ways: providing bed-and breakfast rooms for Western tourists and working in Poland and Germany as maids and menials. They hoped they would get visa-free access to Europe and make a decent income for themselves. Meanwhile, nobody offered them a visa-waiver arrangement. The Brits mull over leaving the EC, because of the Poles who flooded their country; the Ukrainians would be too much for London. Only the Americans, always generous at somebody’s else expense, demanded the EC drop its visa requirement for them.
While the Maidan was boiling, the West sent its emissaries, ministers and members of parliament to cheer the Maidan crowd, to call for President Yanukovich to resign and for a revolution to install pro-Western rule. Senator McCain went there and made a few firebrand speeches. The EC declared Yanukovich “illegitimate” because so many of his citizens demonstrated against him. But when millions of French citizens demonstrated against their president, when Occupy Wall Street was violently dispersed, nobody thought the government of France or the US president had lost legitimacy…
Victoria Nuland, the Assistant Secretary of State, shared her biscuits with the demonstrators, and demanded from the oligarchs support for the “European cause” or their businesses would suffer. The Ukrainian oligarchs are very wealthy, and they prefer the Ukraine as it is, sitting on the fence between the East and the West. They are afraid that the Russian companies will strip their assets should the Ukraine join the Customs Union, and they know that they are not competitive enough to compete with the EC. Pushed now by Nuland, they were close to falling on the EC side.
Yanukovich was in big trouble. The default was rapidly approaching. He annoyed the pro-Western populace, and he irritated his own supporters, the people of the East and Southeast. The Ukraine had a real chance of collapsing into anarchy. A far-right nationalist party, Svoboda (Liberty), probably the nearest thing to the Nazi party to arise in Europe since 1945, made a bid for power. The EC politicians accused Russia of pressurising the Ukraine; Russian missiles suddenly emerged in the western-most tip of Russia, a few minutes flight from Berlin. The Russian armed forces discussed the US strategy of a “disarming first strike”. The tension was very high.
Edward Lucas, the Economist’s international editor and author of The New Cold War, is a hawk of the Churchill and Reagan variety. For him, Russia is an enemy, whether ruled by Tsar, by Stalin or by Putin. He wrote: “It is no exaggeration to say that the [Ukraine] determines the long-term future of the entire former Soviet Union. If Ukraine adopts a Euro-Atlantic orientation, then the Putin regime and its satrapies are finished… But if Ukraine falls into Russia’s grip, then the outlook is bleak and dangerous… Europe’s own security will also be endangered. NATO is already struggling to protect the Baltic states and Poland from the integrated and increasingly impressive military forces of Russia and Belarus. Add Ukraine to that alliance, and a headache turns into a nightmare.”
In this cliff-hanging situation, Putin made his pre-emptive strike. At a meeting in the Kremlin, he agreed to buy fifteen billion euros worth of Ukrainian Eurobonds and cut the natural gas price by a third. This meant there would be no default; no massive unemployment; no happy hunting ground for the neo-Nazi thugs of Svoboda; no cheap and plentiful Ukrainian prostitutes and menials for the Germans and Poles; and Ukrainian homes will be warm this Christmas. Better yet, the presidents agreed to reforge their industrial cooperation. When Russia and Ukraine formed a single country, they built spaceships; apart, they can hardly launch a naval ship. Though unification isn’t on the map yet, it would make sense for both partners. This artificially divided country can be united, and it would do a lot of good for both of their populaces, and for all people seeking freedom from US hegemony.
There are a lot of difficulties ahead: Putin and Yanukovich are not friends, Ukrainian leaders are prone to renege, the US and the EC have a lot of resources. But meanwhile, it is a victory to celebrate this Christmas tide. Such victories keep Iran safe from US bombardment, inspire the Japanese to demand removal of Okinawa base, encourage those seeking closure of Guantanamo jail, cheer up Palestinian prisoners in Israeli prisons, frighten the NSA and CIA and allow French Catholics to march against Hollande’s child-trade laws.
What is the secret of Putin’s success? Edward Lucas said, in an interview to the pro-Western Ekho Moskvy radio: “Putin had a great year – Snowden, Syria, Ukraine. He checkmated Europe. He is a great player: he notices our weaknesses and turns them into his victories. He is good in diplomatic bluff, and in the game of Divide and Rule. He makes the Europeans think that the US is weak, and he convinced the US that Europeans are useless”.
I would offer an alternative explanation. The winds and hidden currents of history respond to those who feel their way. Putin is no less likely a roguish leader of global resistance than Princess Leia or Captain Solo were in Star Wars. Just the time for such a man is ripe.
Unlike Solo, he is not an adventurer. He is a prudent man. He does not try his luck, he waits, even procrastinates. He did not try to change regime in Tbilisi in 2008, when his troops were already on the outskirts of the city. He did not try his luck in Kiev, either. He has spent many hours in many meetings with Yanukovich whom he supposedly personally dislikes.
Like Captain Solo, Putin is a man who is ready to pay his way, full price, and such politicians are rare. “Do you know what is the proudest word you will ever hear from an Englishman’s mouth?”, asked a James Joyce character, and answered: “His proudest boast is I paid my way.” Those were Englishmen of another era, long before the likes of Blair, et al.
While McCain and Nuland, Merkel and Bildt speak of the European choice for the Ukraine, none of them is ready to pay for it. Only Russia is ready to pay her way, in the Joycean sense, whether in cash, as now, or in blood, as in WWII.
Putin is also a magnanimous man. He celebrated his Ukrainian victory and forthcoming Christmas by forgiving his personal and political enemies and setting them free: the Pussy Riot punks, Khodorkovsky the murderous oligarch, rioters… And his last press conference he carried out in Captain Solo self-deprecating mode, and this, for a man in his position, is a very good sign.
A few years back, at the end of 2009, I was approached on two separate occasions by people claiming to be “representatives” of a digital alternative currency format. I was, of course, intrigued by the initial proposal, being that I had been writing for some time on the concept of non-participation as a way to insulate average Americans from the dangers of our unstable fiat driven mainstream economy. Before that, I had already dealt with just about every currency alternative one could imagine; from paper scripts backed by goods, to scripts backed by time or labor, to gold and silver laden currency cards, etc, etc. All of them had the advantage of NOT relying on private Federal Reserve notes, and all of them had flaws as well. The proposed digital script, which the representatives called “Bitcoin”, was no different.
The idea was to recruit my website as a promoter for bitcoin, but I had many questions before I would stick my neck out on a brand new high-tech anti-currency, and most of these question were not answered in any satisfactory manner.
There is no shortage of “solutions” in Liberty Movement circles, but many of these solutions require that we work within the system according to establishment rules (which they can change at any given moment). They assume that the system will abide by some kind of internal code, that our candidates will be treated fairly, that elections will not be rigged, that a better methodology or technology will be acknowledged and eventually adopted, that the “majority” of the public will someday see the light and back our cause, that the elite will not simply decide to put a bullet in our head.
The reality is, if a solution is dependent on a paradigm controlled by the corrupt system you are trying to change, it is no solution at all. Because of this, my focus has always been on methods that separate Americans from reliance on the system as much as possible.
When first confronted with bitcoin activism, I recognized almost immediately that this was NOT a method that operated outside the system, even though it tried very hard to appear that way. It was high-tech, it was sexy (admittedly far sexier in its presentation than gold and silver), and it catered to the egos of the digital generation, the loudest voices in media today. This thing was certainly marketable. However, just because something is highly marketable does not make it a good idea, or a meaningful alternative.
The Tantalizing Allure Of Non-Solutions
When a person invests a sizable amount of capital into an idea, not to mention a sizable amount of philosophical faith, they tend to lose a measure of objectivity. This is not just a struggle for proponents of bitcoin but for proponents of ALL methodologies. I do believe that many bitcoin promoters have the best of intentions, and that they are seeking some way to break from what they understand is a corrupt financial structure. That said, there is an escalating streak of elitism within the bitcoin culture, and I have witnessed on numerous occasions the kind of anger and immediate dismissal the average statist would spew when they are confronted with criticism. If you dare to question the greater details behind Bitcoin, be prepared to be accused of anything from “conspiracy theory”, to “jealousy” for missing the boat on bitcoin profits, to “ignorance” of the genius of cryptography.
What I came to realize through my questions to bitcoin followers was that many of them were not actually involved in the deeper aspects of the Liberty Movement, constitutional activism, sound money, self defense, and so on. Almost none of them had a preparedness plan, few of them had experience with precious metals, none of them owned firearms, and none of them had any inclination towards the building of local networks for mutual aid. Worst of all, many of them had no understanding of the wider threat of economic collapse that America faces today. In fact, when the possibility of full spectrum collapse is brought up, many Bitcoiners actually respond with the same brand of shallow dismissals that one would expect from the Paul Krugman’s and Ben Bernanke’s of the world.
This reaction is not necessarily shocking. Most people imagine themselves accomplishing heroic feats, and why not? It is one of the more noble and beautiful traits of mankind. For the crypto-engineers of the new century and the digital generation overall, heroics have felt unattainable. Elections are finally being recognized as the sham they represent, while protest activism has fallen flat on its face. The concept of peaceful redress of grievances has been met with rather frightening displays of state violence and censorship to which a physical response for the common protestor is unthinkable. The signs and slogan chants may have inspired the education of some, but in the meantime, they have accomplished very little in terms of political or social change. The bottom line is that the establishment LOVES non-aggression protests – they have no plan, few concrete goals, and present no overt threat to the elite.
The system only grows more despotic, more invasive, and more dangerous. Anti-establishment champions have been searching for something that goes beyond mere “education”, or clamoring like caged monkeys for media attention. They want to storm the castle, they want to fight back, but they haven’t the slightest clue how. They desire an intellectual method of combat, something with far less fear, far less risk, and far less pain. Enter Bitcoin.
Bitcoin gives the digital generation the chance to feel heroic where they never could before. They don’t have to face the machine head on. They don’t have to fight. They don’t have to suffer. They don’t have to die. All they have to do is utilize some cryptographic wizardry within the supposedly anonymous safety of the web, buy bitcoins en masse, and the system would crumble at their feet, rebuilt in the name of free markets by the electronic commons and without a shot fired. Again, very sexy…
Unfortunately, the real world does not necessarily lend itself to the demands of the digital. The digital world is at the mercy of physical. The real world is rarely sexy; often it is ugly, brutal, hypocritical, illogical, and psychotic. The real world, at times, can break, and when it does the digital will break with it. The digital world is in large part a fantasy supported by the whims of the real. Which leads me to the core failings of the bitcoin adventure…
We’ve all heard praises lavished on bitcoin, not only from the web activists but from the mainstream media itself. Establishment controlled outlets like Reuters and Bloomberg have an astonishing number of bitcoin stories per week, and most of these stories paint the crypto-currency in a positive light. We’ve heard about bitcoin’s “unbreakable” cryptography. Its finite supply. The inability to duplicate the currency from thin air. Its rising acceptance in the corporate world. The Cinderella stories of bitcoin investors buying Lamborghinis and New York brownstones. Even Ben Bernanke seems to have a soft spot for bitcoin:
But is bitcoin’s rise really all it’s cracked up to be? Here are just a few of the problems which lead me to believe the digital currency is ultimately a clever distraction.
Who really started Bitcoin?
One of my first questions to bitcoin representatives back in 2009 was WHO, exactly, founded the operation? Well, Satoshi Nakamodo, everyone knows that, right? But who the hell is Satoshi Nakamodo? Who is the original designer of bitcoin? Who holds the foundational key to the structure of bitcoin’s cryptography? Is Nakamodo a person, or a group? Why should we trust him, or them, to safeguard our wealth any more than the Federal Reserve? The fact is no one except maybe Gavin Andresen, the chief scientist at the Bitcoin Foundation, knows who is behind the digital currency. We actually know more about the banking elites behind the Fed than we do about the founders of bitcoin.
The common response to this concern is to suggest that it doesn’t really matter, bitcoin is secure, it is open source, it is cryptography’s holy grail, the creators are protecting their identities against retribution from the establishment, and the excuses go on…
I’m sorry, but this attitude constitutes an act of blind faith in a currency mechanism, which is exactly what proponents of the dollar are guilty of. If an activist individual or group is going to offer a solution to the movement, then they had better be willing to take the risk of being personally available to the movement. If you don’t have the balls to show your face to help legitimize your idea, I can’t take your idea seriously. Maybe I’m just old fashioned…
For all we know, bitcoin is a creation of the establishment, not a creation countering the establishment. After all, the globalists WANT the destruction of the dollar – why not let the public destroy the dollar using a mechanism that ultimately does not represent a threat to the greater bankster cartel?
The Media Love Affair With Bitcoin
During the first and second Ron Paul campaigns, the mainstream media made a blatant and obvious effort to purposely ignore the candidate, his arguments, and his successes. Coverage was next to nil. His expansive crowds of supporters were edited out of news footage. His high polling numbers were censored. If not for the independent media, you wouldn’t have known the guy existed. When someone or something presents a legitimate threat to the establishment, the establishment’s first tactic is to make sure no one knows.
Bitcoin, on the other hand, has received a steady flow of positive media attention, with the random critical piece thrown in for good measure. Overall, the establishment has embraced, if not directly fueled, the bitcoin trend. This is rather surprising to me considering the “destroyer of the dollar” has only been around for four years.
When an anti-establishment vehicle suddenly becomes the center focus of establishment affections, and when globalist monsters like Ben Bernanke throw flower petals in its path, I have to wonder if Bitcoin is a real threat, or just a ruse.
Bitcoins Can Indeed Be Confiscated
Some of the early hype surrounding Bitcoin claimed that the currency could not be confiscated, making it “better than gold” (the better than gold motto has been widely espoused by Gavin Andresen). This claim turned out to be false when the FBI became the holder of the world’s LARGEST Bitcoin wallet:
I find arguments that this is only a temporary condition and that the feds will eventually auction off their holdings a bit laughable, but indicative of the denial inherent in Bitcoin culture.
Bitcoin Values Can Be Manipulated
Another claim heard was the assertion that bitcoins cannot be created out of thin air, they must be “mined” using powerful computers, which removes centralized manipulation of value. This may be true in certain respects (for now), but anything digital can be exploited in one way or another.
Bitcoin malware, for instance, hijacks the computers of unwitting people and uses them to artificially “mine” the currency.
The bitcoins mined are then transferred into the hands of anonymous hackers. This represents a serious threat to the stability of bitcoin because it creates an invasive form of attack speculation. Bitcoins can be removed from the market and deliberately hoarded. Hackers, or governments could conceivably kill bitcoin by mining a large portion of them out of circulation, artificially hyperinflating the value of the remaining coins (like a speculator would do with commodities), or dumping a large portion and abruptly cutting the value. Major bitcoin hoarders could use their massive bitcoin stakes to shift values at will. As long a Bitcoin operates on supply and demand, it can be threatened through speculation like ay other commodity (if you consider digitized numbers floating around the web a commodity).
Bitcoin Is Not Private
While bitcoins can apparently be stolen or criminally mined by anonymous persons or organizations, honest users are subject to considerable scrutiny. A disturbing aspect of bitcoin is the group surveillance that goes into tracing transactions, otherwise known as the “proof of work system”. The bitcoin network is constantly dependent on decoders who track and verify bitcoin trades in order to ensure that the same bitcoins are not used during multiple trades or purchases. Anyone with the desire could decode the transaction history of the network, or “block chain”, including governments. Though Bitcoiners are considered “partially anonymous”, tracking the individual identity of a bitcoin trade is not difficult for entities such as the NSA because every transaction leaves a digital trail..
The use of anonymising browsers like Tor also have not produced the kind of privacy that was promised when bitcoin was introduced.
This is exactly the kind of currency system global bankers have sought for some time – total information awareness of all financial transactions and purchases within the system. While bitcoin proponents claim that their currency is a revolution against centralized oversight of monetary transactions, the truth is they have built the perfect centralized surveillance solution. Paper dollar purchases are difficult to trace. Gold, silver, and barter purchases are nearly impossible to track. Bitcoin, though, is the most traceable form of currency on the planet, and this is basically REQUIRED by the network itself. The entire trade history of every bitcoin is recorded. The digital landscape is the ultimate form of privacy invasion, especially for the likes of super computer wielding agencies like the NSA. Bitcoin aids the development of this intrusive system.
Bitcoin Relies On The Continued Survival Of The Open Web
Yes, bitcoins can be stored on physical wallet devices, but the majority portion of bitcoin trading and bitcoin mining requires the continued operation of the web. The internet is NOT a creative commons, as many believe. It is in fact a controlled networking system that we have simply been allowed to use. The exposure by Edward Snowden of NSA activities has proven once and for all that nothing you do on the web is private. Everything is tracked and recorded. Period.
Web access can also be easily denied by governments, and power centers around the globe have been utilizing this option more and more. During a national crisis, whether real or engineered, the continued function of the internet as we know it is not guaranteed. A currency relying on a government dominated internet is not truly independent. A grid down situation would also make bitcoin stores virtually useless.
The Suspicious Nature Of Bitcoin
Bitcoin is consistently touted as a superior option to precious metals as a way to decouple from central bank fiat. Under examination, though, it appears to me that bitcoin is instead a deliberate distraction away from gold and silver, and other tangible solutions; in other words, I believe it to be a form of controlled opposition.
A vital aspect of physical gold and silver investment is not only to break from the dollar, but to also remove physical metal from the system and starve international banks that issue millions of fraudulent unbacked paper certificates. The strategy, which I still stand by, is for the public to absorb as much of the precious metals market as possible until manipulators like JP Morgan finally have to admit that they don’t have the coins and bars to back all the fake ETF’s they have been issuing investors for years. In the process, we decouple from the dollar AND do damage to the banking cartel itself. The bitcoin fad, in my opinion, is designed to lure the public away from overtaking the metals market while banks and foreign governments vacuum up remaining physical in preparation for a dollar collapse.
Bitcoin’s market value is not only extremely volatile, the currency is also subject to replacement at any time. Anyone with an interest can create a cryptocurrency. There is nothing particularly special about the bitcoin design, and if someone offered a digital currency tomorrow that was truly anonymous, it could quickly supplant bitcoin. Though its cryptography makes it difficult to artificially inflate (again, for now), other digital currencies can still be produced out of thin air. Bitcoiners desperately want to equate cryptography with tangibility, but the truth is that there is no comparison. Physical gold and silver cannot be artificially produced by anyone, anywhere. Digital currencies can be produced at will and hyped like Dutch tulip mania.
The most unsettling aspect of bitcoin, however, is not its distraction away from precious metals. Rather, it is the distraction away from localized solutions. Bitcoin proponents may be searching for decentralization, but they seem to have forgotten the most most important part of the process – localism. The trade of digital mechanisms over impersonal web networks and online marketplaces is not conducive to local economic stability or sustainability. Bitcoin does not encourage people to build local markets, to adopt useful trade skills, to prepare for a grid down scenario, or circulate wealth within one’s community. Bitcoin only furthers the removal of independence and self sustainability from local economies by fooling activists into thinking that buying things without dollars is enough.
If Americans in particular want to pursue any solution to the threat of globalism or dollar collapse, they are going to have to start with themselves, and the community around them. Online trade is the last thing they should be worried about. Only when neighborhoods, towns, and counties become producers and self suppliers will they be safe from financial instability. Only when those same communities band together for mutual aid and self defense will they be safe from tyrannical political entities. Bitcoin accomplishes nothing in either of these categories, making it possibly the most popular non-solution for liberty to date.
Source: Brandon Smith | Alt-Market
Turkey is a democracy in name only. Prime Minister Recep Tayyip Erdogan is ruling despot.
He’s led Ankara’s Justice and Development Party (AKP) since August 2001. He’s been prime minister since March 2003. Why Turks put up with him they’ll have to explain.
Last spring, anti-government protests rocked Ankara, Istanbul and other Turkish cities. Police violence followed. Brutality is longstanding policy. Corruption is deep-seated.
It’s rife in Turkey’s construction sector. Erdogan established a land sales office. Ostensibly it was to build affordable public housing.
Widespread privatizations followed. Billions of dollars worth of government assets were sold.
Sweetheart deals and bribes accompanied them. Well-connected companies got no-bid contracts. State banks provided generous financing.
Projects developed had nothing to do with public housing. Berat Albayrak heads Calik Holding. He’s well connected. He’s Erdogan’s son-in-law.
He may be linked to the corruption probe. He builds power plants in Turkmenistan. He’s involved in an AKP backed oil pipeline project. He has other government related business.
The current scandal stems from a year ago anonymous letter. It was sent to police. It alleged Ankara and local government authorities illegally facilitated construction projects. Huge profits were involved.
Surveillance, phone tapping, and other investigatory methods followed. They produced considerable evidence of corruption. Government ministers are involved. Million dollar bribes were paid.
State-run Halk Bank head was found with about $4.5 million in cash. It was at home. It was stashed in shoe boxes.
Millions more were seized from other suspects. Over a dozen are accused of bribery and money laundering, as well as gold and antiques smuggling.
On December 17, Turkey’s Financial Crimes and Battle Against Criminal Incomes department detained 47 people.
Sons of Ankara’s Economy, Interior and Environment and Urban Planning ministers are involved.
So is Fatih district municipality major Mustafa Demir and real estate tycoon Ali Agaoglu. Minister of European Union Affairs Minister Egemen Bagis is being investigated.
Whether scandal touches Erdogan remains to be seen. He claims attempts to do so will be “left empty handed.”
On Christmas day, he reshuffled his cabinet. Three ministers resigned. He sack 10 others. He replaced them. Events are fast-moving.
Erdogan Bayraktar was Minister of Environment and Urban Planning. He was a member of parliament. He felt forced to resign both posts.
He said Erdogan should do so. He claimed suspect construction projects under investigation were approved with Erdogan’s full knowledge.
“With your permission, I want to make very short statements in the form of a press statement,” he said.
“It is of course a right and an authority for Mr. Prime Minister to work with whichever minister he wants and to remove whichever minister he wants from office.”
“But I do not accept the pressure being put on me which says, ‘Resign because of an operation in which there are statements of bribery and corruption and release a declaration that will relieve me.’ “
“I do not (accept it) because a big part of the zoning plans that are in the investigation file and were confirmed were made with approval from Mr. Prime Minister.”
“For the sake of the well-being of this nation, I believe the prime minister should resign.”
He accused him of involvement in suspect property deals. He’s linked to profiteering business interests.
Scandal heads closer to directly connecting him. Perhaps it will as investigations continue. Turkish Professor Soli Ozel called Bayraktar’s call for Erdogan’s resignation “extraordinarily dramatic.”
He’s “someone who was very close to the prime minister. This is someone you’d expect to fall on his sword without question.”
Other analysts see things potentially spinning out of control. Whether Erdogan can prevent it remains to be seen.
He may end up victimized by his own transgressions. It depends on how much public anger grows. He weathered previous crises. It’s hard to know if this one is too great to contain.
Investigations targeted over 90 suspects. Over two dozen were arrested. Dozens of police chiefs were sacked. Erdogan is far from squeaky-clean.
On December 21, Ankara’s police department Anti-Smuggling and Organized Crime Unit head Hakan Yuksekdag was found dead in his car. Officially it was pronounced suicide.
Further investigation is being conducted. The incident occurred a day after 14 senior Ankara National Police Department officials were removed from their posts.
Erdogan blamed ongoing events on an international conspiracy. He vowed revenge on figures connected to Muhammed Fethullah Gulen.
He heads the movement bearing his name. He claims a million or more followers. They include judges and senior police officials.
He’s currently in self-imposed exile. He’s in Pennsylvania. He’s a writer, former imam, and Islamic opinion leader. He’s an important figure.
He’s involved with issues relating to Turkey’s future. He and Erdogan haven’t gotten along for years.
Former Minister of Internal Affairs Idris Naim Sahin said Erdogan’s actions fall short of law and justice. He’s trying to defuse public anger, he said. He’s shifting blame to do it.
Thousands of Istanbul, Ankara, and Ismir protesters demanded Erdogan’s resignation. They did so on Christmas. They did it in other cities. They protested last spring.
They’re justifiably outraged. Their longstanding anger hasn’t waned. Erdogan works against their well-being. Clashes with police erupted. Arrests followed.
Protesters chanted; “Three ministers aren’t enough. The whole government should resign. Corruption is everywhere. Resistance is everywhere.”
Opposition party members accused Erdogan of deepening despotic rule. Critics use the term “deep state.” It refers to a shadowy power structure. It lacks checks and balances.
Turkey’s Republican People’s Party (CHP) is Erdogan’s main rival. It’s Turkey’s oldest political party. It’s AKP’s Main Opposition in the Grand National Assembly. Kemal Kilicdaroglu heads it.
“Erdogan has a ‘deep state,’ ” he said. His AKP “has a ‘deep state.’ ” Efkan Ala is new Interior Minister.
He’s an Erdogan crony. He formerly was Diyarbakir Province governor. He’s part of what’s ongoing, said Kilicdaroglu.
He believes Ala’s appointment is part of an Erdogan power grab. He wants greater police control. Outgoing Interior Minister Muammer Guler fired hundreds of police officers. Senior commanders were sacked.
Erdogan’s new ministers were carefully chosen. He appointed officials “that will not show any opposition to him,” said Kilicdaroglu.
Turkey is more police state than democracy. Press freedom is compromised. Censorship is standard practice. Dissent is verboten. Challenging government authority is called terrorism.
No country imprisons more journalists than Turkey. Corruption is deep-seated. Neoliberal harshness writ large is policy. Popular interests are spurned.
Erdogan represents wealth, power and privilege. It’s hard imagining he’s not involved in corruption in some way. He’s gotten his son-in-law business tycoon sweetheart deals.
He prioritizes Turkey’s business model. It reflects capitalism’s dark side. It includes unrestrained profit-making, privatizations, cheap labor, deregulation, corporate-friendly tax cuts, marginalized worker rights, and speculative capital inflows.
Economic conditions are inherently unstable. Turkey suffers rolling recessions, crisis conditions, and fragile largely jobless recoveries. It’s increasingly dependent on imports of resources and capital goods.
Youth unemployment tops 22%. An entire generation is affected. Conditions are socially and economically unstable.
Privation fuels public anger. Eventually it may spiral out-of-control. It may be just a matter of time. Turkey has a long history of rebellion.
Erdogan is increasingly hated. He weathered last spring’s anti-government protests. It remains to be seen what’s next.
Nicolas Spiro heads Spiro Sovereign Strategy. “The dismissal of half an entire cabinet is worrying enough,” he said. “The corruption probe is escalating by the day.”
It’s “causing a further deterioration in market sentiment towards Turkey.” Erdogan’s new cabinet includes four deputy prime ministers.
Ayse Islam is the only woman appointed. She’s Family and Social Policy Minister. Others include:
Deputy prime minister: Bulent Arinc
Deputy prime minister: Ali Babacan
Deputy prime minister: Besir Atalay
Deputy prime minister: Emrullah Isler
Justice: Bekir Bozdag
Defense: Ismet Yilmaz
Interior: Efkan Ala
Foreign Affairs: Ahmet Davutoglu
European Union: Mevlut Cavusoglu
Finance: Mehmet Simsek
Economy: Nihat Zeybekci
Energy and Natural Resources: Taner Yildiz
National Education: Nabi Avci
Labour and Social Security: Faruk Celik
Environment and Urban Development: Idris Gulluce
Health: Mehmet Muezzinoglu
Transport: Lutfi Elvan
Food, Agriculture and Husbandry: Mehmet Mehdi Eker
Science, Industry and Technology: Fikri Isik
Culture and Tourism: Omer Celik
Forestry and Water Affairs: Veysel Eroglu
Customs and Trade: Hayati Yazici
Development: Cevdet Yilmaz
Youth and Sports: Akif Cagatay Kilic
Scandal erupted months ahead of next March’s local elections. Parliamentary elections involving Erdogan are scheduled in 2015.
If held today, voters might oust him. It’s way too early to know how they’ll react in 2015. Istanbul-based Global Source Partners analyst Atilla Yesilada said ongoing events suggest Erdogan is losing control.
“Forced to act, (he) tried to get rid of his burdens,” he said. “But this is a political crisis, and it is hard to tell how it will unfold. These investigations may expand in coming months.”
Doing so perhaps may link Erdogan to deep-seated corruption. If so, he may be forced to resign. The fullness of time will tell.
Stephen Lendman lives in Chicago. He can be reached at firstname.lastname@example.org.
His new book is titled “Banker Occupation: Waging Financial War on Humanity.”
Visit his blog site at sjlendman.blogspot.com.
“The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland; a private bank owned and controlled by the world’s central banks which were themselves private corporations. Each central bank… sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.” - Carroll Quigley, member of the Council on Foreign Relations
If one wishes to truly understand the actions behind private Federal Reserve policy, one must come to terms with a fundamental reality – everything the Fed does it does for a reason, and the most apparent reasons are not always the primary reasons. If you think that the Fed simply acts on impulsive stupidity or hubris, then you haven’t a clue what is going on. If you think the Fed only does what it does in order to hide the numerous negative aspects of our current economy, then you only know half the story. If you think the Fed does not have a plan, then you are sorely mistaken…
Central Bankers and their political proponents espouse a globalist ideology, meaning, they are internationalists in their orientation and motivations. They do not have loyalties to any particular country. They do not take an oath to any particular constitution. They do not have empathy for any particular culture or social experiment. They have their own subculture, with their own “values”, and their own social hierarchy. They are a kind of “tribe” or “sect”; a cult,if you will, that views itself as superior to all others. This means that when the central bankers that run the Fed act, they only act with the intention to support and promote globalization, not the best interests of America and Americans.
The process of globalization REQUIRES the dissolution of the U.S. economy as it exists today. Period. There is no way around it. America can no longer remain a superpower in the face of what globalists call “harmonization”. The dollar can no longer maintain its petro-currency status or its world reserve status if total centralization under a new global currency is to be achieved. Globalists believe that America must be sacrificed on the altar of “progress”, and diminished into a mere enclave, a feudal colony of a greater global system. The globalists at the Fed are no different.
Once this driving philosophy is understood, the final conclusion is obvious – the Fed exists to destroy the U.S. financial system and the U.S. currency mechanism. That is what they are here for.
This is why the dollar has lost 98% of its value since the Fed was established in 1913. This is why the Fed deliberately engineered the derivatives bubble crisis through the implementation of artificially low interest rates. This is why their response to the crisis was to create yet another massive bubble in stocks and bonds through QE stimulus. This is why the Fed is cutting stimulus today.
How does the taper play into the long running program of dollar destruction and globalization? Let’s take a look…
The Multifaceted Taper Strategy
In my article ‘Is The Fed Ready To Cut America’s Fiat Life Support’, and my article ‘Expect Devastating Global Economic Changes In 2014′, I predicted that a Fed taper was highly likely. Central banks almost always implant policy shift rumors into the mainstream media a few months before they implement them. They did this for TARP, for QE1, QE2, QE3, and the Taper. In fact, the Fed spent the better part of the past quarter conditioning investors to the idea of stimulus cuts, so I was not at all surprised when they followed through.
The Fed has, of course, now announced a $10 billion QE reduction just in time for Christmas and the 100th anniversary of the privately run institution. In the past, I have pointed out the tendency of central banks to enforce detrimental policy changes while the government, the economy and/or the bank itself is in the midst of a major transition. The Fed’s taper announcement comes just in time for the end of Ben Bernanke’s term as chairman, and the expected nomination of Janet Yellen.
This is done, I believe, because it provides an opportunity to divert blame for a crisis event they know is on the horizon. If attention is ever focused on the Fed specifically for a market downturn or bond disaster triggered by the ever present dollar bubble, Yellen can simply blame the QE policies of Bernanke (who will be long gone), while promising that her “new” policies will surely repair the damage. This placates the public and buys the central bankers time to do even MORE damage.
The taper itself is not just a “head fake”, however. It is a far more complex action. Tapering provides a method of psychologically distancing the Federal Reserve from the consequences of market movements. The banksters are essentially proclaiming to the public that their work is done, they have saved the economy, and now they are moving on, be it only $10 billion at a time. Whatever happens from here on is “not their fault”.
Most alternative analysts expected no taper of QE, and for good reason. While the mainstream touts the propaganda of economic recovery, independent financial experts understand that little to nothing was actually accomplished by the bailouts. Virtually no stimulus was absorbed in a localized way by mainstreet business. Real unemployment counting U-6 measurements still stands at around 20%. Real estate markets and home prices have a received a small boost, which at first glance appears positive until one examines who is actually buying; namely big banks and international investment firms snapping up properties only to reissue them on the market as rentals:
U.S. holiday retail sales and annual retail sales have been the weakest since 2009:
The only thing that QE ultimately accomplished was a spectacular rise in stocks through direct manipulation, which Fed agents like Alan Greenspan and Richard Fisher now openly admit to. The problem is, while gamblers in equities proudly boast about the Fed induced bull run in the Dow and how much money they have made, they remain oblivious to the underlying cost of the charade. Market investors have been enriched, yes, but little do they know that stock legitimacy is about to be sacrificed.
The price to earnings ratio of stocks (the market value of stocks versus what they SHOULD be valued according to the actual earnings of the companies listed) in the S&P 500 today stands at around 15, which is the highest it has been since before the 2008 market crash. Mainstream economists attempt to dismiss the issue by using a 15 year average while claiming that the P/E ratio in 2013 is mild compared to the tech bubble of the late 90′s. What they don’t seem to grasp is that the market of the past four to five years is an entirely different animal compared to 15 years ago.
Stocks in general have received considerable support through purchases by Fed bolstered banks and the Fed itself, creating an atmosphere of artificial demand for equities using QE fiat injections. Though no full audit of the bailouts exists (TARP is the only measure audited so far), it is projected that the banking sector alone has garnered tens of trillions in Fed fiat, which they have used to bolster their otherwise debt ridden holdings. It is only logical to expect that this capital tsunami has been used by numerous companies as a way to present false earnings.Goldman Sachs, JP Morgan, and Morgan Stanley all reported substantial profits for 2009 while at the same time reporting massive liabilities caused by the derivatives crash so that they could collect on the bailout bonanza.
So which one is it? Are companies making profits, or are they wallowing in insurmountable debt while presenting government stimulus as a form of profit?
What the Fed and corporate banks have done is create a market in which neither earnings, nor stock values can be trusted. The fact that the P/E ratio is higher than it has been since 2008 despite this manipulation should concern anyone with any sense.
Worst of all, the Fed’s monetization of U.S. Treasury debt has only expanded while foreign investment in long term debt has contracted. With our official national debt growing by at least $1 trillion per year, our country cannot continue to function without an ever increasing amount of foreign investment, or, Federal Reserve printing. The Fed cannot make cuts to QE if our system is to survive (if you want to call it survival), the Fed must expand QE forever, or at least until the dollar implodes due to hyperinflation.
So then, why has the taper been introduced at all? No one wants it. The government shouldn’t want it. Investors certainly don’t want it. Our economy is utterly dependent on the opposite. What purpose does it serve?
The assumption has always been that the Fed wants to keep the system afloat. I submit that things have changed. I submit that the Fed no longer wishes to prop up our fiscal structure, or at least, no longer wishes to be seen as propping it up. I submit that the Fed is not pursuing dollar destruction through standard hyperinflation, but rather, they are preparing the U.S. for default, which also will result in currency implosion.
The Taper Parallels
“It must not be felt that the heads of the world’s chief central banks were themselves substantive powers in world finance. They were not. Rather they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up, and who were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investment bankers who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks. “ - Carroll Quigley, Tragedy And Hope
Initial shock over the taper scenario has not sunk into the markets yet (as Zero Hedge points out, the last time a major central bank cut stimulus measures to a dependent country, stocks rallied, then crashed within months). Few people see much difference between $75 billion per month and $85 billion per month, but the size of the cuts is not really the issue. Rather, it is the Fed’s act of fading into the background that should concern us.
The taper announcement parallels perfectly with the accelerating debate over the U.S. debt ceiling, and I do not think this is at all a coincidence. Tapering seems inconceivable to many, but for the Fed it makes perfect sense if the goal of the globalists is to generate a default scenario while diverting blame. I believe that Americans are being prepared psychologically for just such an event. Already, the White House is warning that government funding will essentially disappear by the end of February:
The expectation fostered by the mainstream media is that a debt fight similar to the October theater will not happen again. I agree. I believe the next debate will be much worse. The vast majority will assume that the “can” will be kicked down the road again, and they may be right, but given the Fed’s behavior, and given that they have begun to taper despite what appears logical, many people may be in for a shock when our government also suddenly decides one day soon to buck assumptions and default rather than prolong the pain.
The full spectrum failure of Obamacare only adds excuse and incentive. There is no longer a legislative centerpiece rationale for further spending. Obama’s approval rating is at historic lows for any president. The stage has been set for the most epic of fake political battles.
The Left and Right leadership, at the top of the pyramid, are nothing more than flunkies for the global elite. If globalists have decided that it is time to apply the final death blows to the dollar, default would be the quickest and most efficient way, and political puppetry can easily make it happen. The calamity would be blamed on “partisan bickering” and “government gridlock”, or even the inefficiency of “democracy”. The Fed, with its taper in place and its fake recovery established, would be presented as the only “sane” institution at America’s disposal.
Perhaps at this point even more pervasive QE programs would recommence, perhaps not. At bottom, though, the taper is not a peripheral issue. It is an action at the center of a much more elaborate process, an action that seems to have been undertaken in preparation for a larger event. The next year is shaping up to be the most chaotic since the debt crisis began in 2008, and as the situation progresses, the subtleties of the Federal Reserve and the international banks that back it must not go unnoticed, or in the end, unpunished.
Source: Brandon Smith | Alt-Market
Researching economic publications on the first century of the Federal Reserve System provides a wealth of financial information that attempts to explain the way the central bank works. Rarely will the academic studies and official reports address the raw nature of a money creation by a private banking monopoly. The common practice of disparaging sources outside government or corporatist business circles, attempts to avoid addressing, much less confronting the plutocracy that controls the debt created money system.
One such source list of the ownership of the Federal Reserve, compiled by Thomas D. Schauf appears on The Federal Reserve Scam! However, before getting to the particulars of the actual families behind the central banking cabal, it is important to go directly to the source of the primary chronicler who investigated and exposed the scheme. The late, Eustace Mullins – Secrets of The Federal Reserve, video reveals the entire sordid background.
Now review 25 Fast Facts About The Federal Reserve You Need To Know, from ETF Daily News that advises investors. The way these items play into the central banking model practiced by all 187 nations that belong to the IMF, demonstrates that banksters of the most select rank, are behind continued debt bubbles that are strangling the world.
On the Left Hook site by Dean Henderson, a five part series on the Federal Reserve provides added documentation. Mr. Henderson cites from Part 1 in this series, The Federal Reserve Cartel: The Eight Families, “They are the Goldman Sachs, Rockefellers, Lehmans and Kuhn Loebs of New York; the Rothschilds of Paris and London; the Warburgs of Hamburg; the Lazards of Paris; and the Israel Moses Seifs of Rome.”
Finally, watch the video by G Edward Griffin Creature From Jekyll Island A Second Look at the Federal Reserve. Mr. Griffin explains the broad picture in simple and clear terms.
With such definitive information available and widely known within financial circles, why is the public so content to remain in the dark? They live under the aftermaths of the Federal Reserve is a Cache of Stolen Assets, but resign themselves to the oblivion of lost expectations and the burden of diminished opportunities.
“Think about who really owns the land, the buildings and the resources in our country. In order to really understand the scope and extent of the economy, the differential between actual Main Street enterprise, that feeds, clothes and shelters the population, is minuscule when compared to the financial assets, both liquid and real property, that is under the command and control of the central bank.”
The political class and the business establishment simply refuse to buck the controllers of the currency. Attempts for a Jackals of Jekyll Island – Federal Reserve Audit, are pushed aside because any accountability for the Fed would ripple throughout the entire world fiat paper banking system. ”The FED’s grip on the global moneychangers’ racket is based upon maintaining the U.S. Federal Reserve funny money, as the reserve currency for the planet. The value and worth of Treasury Bills and Bonds are on the path to have the value of
Reichsbank marks. Recognize the enemy that is destroying the country and world economy.”The Cato Institute provides a working paper, Has the Fed Been a Failure?, that traces the history, avowed mission and actual results of the Federal Reserve System. This scholarly approach acknowledges that other financial frameworks are “relatively easy to identify viable alternatives to the adoption of the Federal Reserve Act in 1913.”
“However, recent work suggests that there has been no substantial overall improvement in the volatility of real output since the end of World War II compared to before World War I . . . the Fed cannot be credited with having reduced the frequency of banking panics or with having wielded its last-resort lending powers responsibly. In short, the Federal Reserve System, as presently constituted, is no more worthy of being regarded as the last word in monetary management than the National Currency System it replaced almost a century ago.”
Lastly, the essay, Who Owns The Federal Reserve?, by Ellen Brown, substantiates that the “Fed is privately owned, and its shareholders are private banks. In fact, 100% of its shareholders are private banks. None of its stock is owned by the government.”
Since the adoption of a private banking, money creation venture, the dollar has lost virtually its entire store of value. The currency has lost its universal acceptance, as multiple alternatives circulate to replace its reserve status.
The Federal Reserve’s First 100 Years: A Dismal Record by Dan Ferris, identifies the ultimate consequence of the stewardship under a central bank. “The century prior to the Fed, despite setbacks, was a century of improvement in the dollar’s value. The century after it, despite enormous gains in productivity, was a century of rampant Federal Reserve destruction of the dollar’s value.”This failure to maintain and preserve the integrity of the dollar is no accident. The actual purpose of the architects of the Federal Reserve System has never changed. Consolidate the control of money into a concealed cartel of banking houses that ultimately decide economic and political policy.
Dispensing of credit to corporatist projects, owned or run by reliable operatives of the cabal is the objective. The only beneficiaries are the original stockholders.
“Under the terms of the Federal Reserve Act, public stock was only to be sold in the event the sale of stock to member banks did not raise the minimum of $4 million of initial capital for each Federal Reserve Bank when they were organized in 1913 (12 USCA 281). Each Bank was able to raise the necessary amount through member stock sales, and no public stock was ever sold to the non-bank public.”
For the rest of Americans, the Federal Reserve conspiracy is an ongoing theft syndicate. It only takes the will to admit the undeniable. Without the courage to abolish this usury monster, the next century will witness the total destruction of the country.
No one can question the fact that the demand for silver has grown exponentially in the past few years, record sales for American Eagle coins being one small example, record buying in India, another larger example. Demand has never been greater. Supply, on the other hand, keeps diminishing.
Global mining production is at its lowest in the past decade. The annual Consumption/ Production ratio is indicative of acute deficits. Whenever there is a situation where demand rises sharply, while supply commensurately declines, it is a recipe for higher prices, and usually, much higher prices. This is true, unless one is talking about the silver market. Under the conditions of record rising demand and considerably less supply, the price of silver is at its lowest levels in the past three years.
With talk of silver going anywhere from $150 to $500 higher, it currently struggles to hold $20, why is this so?
The answer is not to be found in the myriad supply and demand figures, no matter how cogently presented: as absolute numbers, or dramatically presented graphs, and with so many comparisons to other times/situations. Facts and figures do not lie. Politicians and bankers do.
The reason why silver continues to languish is purely a political one. Silver, along with gold, compete against fiat currencies. All [Western]currencies are issued by central banks. All central banks are owned by the elites, New World Order, [NWO], the moneychangers, call them whatever you will. These elites have a vested interest in preserving the Ponzi monopoly they have enjoyed ever since Mayer Amschel Rothschild discovered the power of interest collected on debt, over 200 years ago.
Debt = Wealth. That is the motto for the elites who charge their central banks with running up as much debt as possible for every man, woman, child. and country. The more debt, the more interest owed to the 1/10th of 1% who own the world’s wealth. As an example, what was the answer to resolve Greece’s unmanageable debt problems? Have that country borrow even more!
The problem today is that the NWO is losing its grip as the growth of debt escalates to previously unimagined levels. The biggest threat to fiat currencies is sound money, such as being backed by gold and silver. This is why the United States eliminated the backing of United States Notes with silver and gold. This move was instigated by the elites who have controlled the United States since it was forced into bankruptcy in 1933.
The next move was to have President Nixon repudiate gold backing in 1971. The stage was set to flood the world with Federal Reserve Notes, backed by oil, hence the petro-dollar as the world’s reserve currency. The US has been exporting its debt-ridden society on the world ever since. What it did not count on was China, even Russia, to a lesser extent, emerging as world powers, and world powers that now have the gold.
The Western central bankers have been leasing, hypothecating and re-hypothecating gold with impunity, no country ever strong enough to challenge Western financial supremacy. Then, in the 1990s, China wanted its gold back from the United States. “Sorry, Chinks!” was the arrogant response from the US. It was gone, “leased” out to keep a controlled lid on the world’s price of gold. Central bankers were running a scam, one of the largest Ponzi schemes, ever.
It is now payback by the Chinese. Now aligned with Russia, Brazil, India, and South Africa, the BRICS nations have formed a trading alliance outside of the US petro-dollar. The world’s reserve currency has not only been challenged, it has fast become irrelevant, except in West and EU, and even in the EU, that is changing.
The golden genie was let out of the bottle over a decade ago, and all the central bankers cannot put it back. Every attempt has been made to keep a lid on the price of silver and gold by central bankers desperate to hang onto their waning power. This is why Germany was told it would have to wait seven years to get its gold back from the Federal Reserve Bank of New York. It simply ain’t there, anymore. Gone. Guess where it is?
China. Retribution can be a bitch. The East is over taking the West, and they are doing it by buying all the available physical silver and gold. Even more. China has been on a shopping spree, buying as many precious metals mining operations around the world as are available. Here is your largest demand factor, followed by the remaining BRICS nations.
What about diminishing supply? What about the almost empty vaults at COMEX and LBMA? What about the demand of 68:1 claim for each ounce of gold? What about… insert your own example of how supply is being exhausted. All factual, all true.
The elephant in the room no one is addressing is the political one. The elites have kept pressure on PMs to keep their last gasp efforts of control alive. The current price of silver has nothing to do with supply and demand, nothing. It is all about central banks being used by the elites to prevent silver and gold from exposing the fraud.
There was a reason why, in the Wizard of OZ, the theme was to “follow the yellow brick road.” The all-controlling Wizard behind the curtain was a fraud. The all-controlling elites behind the central bank curtain are also a fraud, but a more sinister one that has been cornered like a rat, and they are fighting back.
The way in which the elites are fighting back is why silver is under $20, right now. If the price of silver were allowed to rally and reflect reality, the exponentially higher prices would expose what lies behind the central bank fraud. The market is rigged. The sad truth is all markets are rigged. The Libor interest rate market, the Federal Reserve taper-on stock market, the OPEC oil market, the De Beers diamond market, the US world-wide drug trade market, the pharmaceutical market, the food supply market. Each factor that controls a specific market is also ultimately controlled by the elites, the New World Order.
If you want an idea of what to expect for the future price of silver, one only has to look at Bitcoin. It is not a government regulated market, and it is one that has taken the world by surprise. Just a few years ago, Bitcoin was under $1. Recently, it ran up to over $1,200. The appetite for any fiat alternative is huge. Bitcoin is not a currency, nor does it have the history of being currency-backed like silver and gold do. Once the lid is taken off the precious metals markets, they will leave Bitcoin in the dust.
The good news is: every single fiat currency throughout the history of the world has failed. An ounce of silver is still the same ounce of silver from thousands of years ago. The bad news is: no one knows for how much longer the elites can keep control, via their central banks, in suppressing the price. The good news to the bad news is that the end is near.
We are looking at the sale of the century for the price of silver, right now. There is a reason why China, Russia, and India have been huge buyers of physical silver and gold. Because of silver’s properties of being an indispensable necessity for industrial use, it has been used up considerably more than has gold. Both will rise incredibly in the not too distant future, and odds based on the gold/silver ratio favor silver.
One is likely to experience a greater return on investment in silver over gold. There is never any guarantee, but using historical relationships between the two makes silver a better buy and hold. The ratio is around 62:1. As both metals rise, once freed from central bank tentacles, the probability is that the ratio will move more toward 20:1. Wherever it goes, anything less than 62:1 makes silver preferred, on that basis.
This remains the best opportunity to be buying and holding physical silver. Only buy the physical metal, in coin or bar form, as you can afford. Do not buy silver in any form of paper, for you are unlikely to ever received physical, if promised. Plus, the fine print will tell you that delivery can be made in some form of paper payment in place of physical delivery.
If one has learned anything over the past few years, it is that governments cannot be trusted, and there is zero credibility in banks, all thieves, given the opportunity. Does it make sense to wait for the “best price possible?” Not as far as we are concerned. Silver may not be available at any price, or in very limited quantities, at some point. Plus, the reasons for buying are about wealth preservation that will eventually lead to increased wealth, when price finds its eventual true level. It is not worth the risk if you intend to accumulate silver and then not be able to buy any.
There could be one more new low in the near future, but that does not mean the physical will be commensurately lower. It is a personal choice. The time to buy is now, in the present. When silver eventually reaches over $150 the ounce, will it have made any material difference if you paid a dollar or two more or less the ounce? We live in an increasingly Orwellian world. Name, address, and SSN may be required, at some point. Anonymity will be lost.
The past cannot be changed, the future has not yet happened, so we can only deal with the present tense. The use of charts has its detractors, many simply from an inability to understand them, some from misapplying them, and a few from saying the charts are not real because they reflect the paper market, which is rigged. True, true, and true. However, paper valued or not, even the price for the physical is dictated by the paper market, [at least for now]. Until that changes, it is the only game in town.
Most people have something to say about the silver market. Here is how we see what the silver market has to say about the people trading it. For anyone not overly used to looking at charts, they do convey a certain degree of logic, and the message can, at times, be incredibly helpful.
A chart reflects the directional momentum of price behavior exhibited by participants. It is a way of tracking the results of all bets being placed, and it is the best way to see how the most skilled and informed, what we call smart money that moves markets, operate. Smart money trades with prevailing price direction, called the trend. They buy low and sell high, axiomatically, so it pays to have an idea of what they are doing.
A monthly chart provides the overall history and context of a market, and it is closely followed by smart money. Most traders/investors do not even look at monthly charts. We look for any existing synergy between the various time frames, for it tells a more compelling “story” about what is likely to happen. To the degree any synergy may be apparent, the greater the degree of logic one can glean from the charts.
According to the charts, the price of silver is not ready to reverse its trend. The monthly chart, and the lower time frames, clearly indicate the trend as down. Knowledge of the trend is the most important piece of information one can have, as a starting point.
As a general rule, extreme economic decline is almost always followed by extreme international conflict. Sometimes, these disasters can be attributed to the human survival imperative and the desire to accumulate resources during crisis. But most often, war amid fiscal distress is usually a means for the political and financial elite to distract the masses away from their empty wallets and empty stomachs.
War galvanizes societies, usually under false pretenses. I’m not talking about superficial “police actions” or absurd crusades to “spread democracy” to Third World enclaves that don’t want it. No, I’m talking about REAL war: war that threatens the fabric of a culture, war that tumbles violently across people’s doorsteps. The reality of near-total annihilation is what oligarchs use to avoid blame for economic distress while molding nations and populations.
Because of the very predictable correlation between financial catastrophe and military conflagration, it makes quite a bit of sense for Americans today to be concerned. Never before in history has our country been so close to full-spectrum economic collapse, the kind that kills currencies and simultaneously plunges hundreds of millions of people into poverty. It is a collapse that has progressed thanks to the deliberate efforts of international financiers and central banks. It only follows that the mind-boggling scale of the situation would “require” a grand distraction to match.
It is difficult to predict what form this distraction will take and where it will begin, primarily because the elites have so many options. The Mideast is certainly an ever-looming possibility. Iran is a viable catalyst. Syria is not entirely off the table. Saudi Arabia and Israel are now essentially working together, forming a strange alliance that could promise considerable turmoil — even without the aid of the United States. Plenty of Americans still fear the Al Qaeda bogeyman, and a terrorist attack is not hard to fabricate. However, when I look at the shift of economic power and military deployment, the potential danger areas appear to be growing not only in the dry deserts of Syria and Iran, but also in the politically volatile waters of the East China Sea.
China is THE key to any outright implosion of the U.S. monetary system. Other countries, like Saudi Arabia, may play a part; but ultimately it will be China that deals the decisive blow against the dollar’s world reserve status. China’s dollar and Treasury bond holdings could be used as a weapon to trigger a global sell-off of dollar-denominated assets. China has stopped future increases of dollar forex holdings, and has cut the use of the dollar in bilateral trade agreements with multiple countries. Oil-producing nations are shifting alliances to China because it is now the world’s largest consumer of petroleum. And, China has clearly been preparing for this eventuality for years. So, given these circumstances, how can the U.S. government conceive of confrontation with the East? Challenging one’s creditors to a duel does not usually end well. At the very least, it would be economic suicide. But perhaps that is the point. Perhaps America is meant to make this seemingly idiotic leap.
Here are just some of the signs of a buildup to conflict…
Currency Wars And Shooting Wars
In March 2009, U.S. military and intelligence officials gathered to participate in a simulated war game, a hypothetical economic struggle between the United States and China.
The conclusions of the war game were ominous. The participants determined that there was no way for the United States to win in an economic battle with China. The Chinese had a counterstrategy to every U.S. effort and an ace up their sleeve – namely, their U.S. dollar reserves, which they could use as a monetary neutron bomb, a chain reaction that would result in the abandonment of the dollar by exporters around the world . They also found that China has been quietly accumulating hard assets (including land and gold) across globe, using sovereign wealth funds, government-controlled front companies, and private equity funds to make the purchases. China could use these tangible assets as a hedge to protect against the eventual devaluation of its U.S. dollar and Treasury holdings, meaning the losses on its remaining U.S. financial investments was acceptable should it decide to crush the dollar.
The natural response of those skeptical of the war game and its findings is to claim that the American military would be the ultimate trump card and probable response to a Chinese economic threat. Of course, China’s relationship with Russia suggests a possible alliance against such an action and would definitely negate the use of nuclear weapons (unless the elites plan nuclear Armageddon). That said, it is highly likely that the U.S. government would respond with military action to a Chinese dollar dump, not unlike Germany’s rise to militarization and totalitarianism after the hyperinflationary implosion of the mark. The idea that anyone except the internationalists could “win” such a venture, though, is foolish.
I would suggest that this may actually be the plan of globalists in the United States and their counterparts in Asia and Europe. China’s rise to financial prominence is not due to its economic prowess. In fact, China is ripe with poor fiscal judgment calls and infrastructure projects that have gone nowhere. But what China does have on its side are massive capital inflows from global banks and corporations, mainly based in the United States and the European Union. And, it has help in the spread of its currency (the Yuan) from entities like JPMorgan Chase and Co. The International Monetary Fund is seeking to include China in its global basket currency, the SDR, which would give China even more leverage to use in breaking the dollar’s reserve status. Corporate financiers and central bankers have made it more than possible for China to kill the dollar, which they openly suggest is a “good thing.”
Is it possible that the war game scenarios carried out by the Pentagon and elitist think-tanks like the RAND Corporation were not meant to prevent a war with China, but to ensure one takes place?
The Senkaku Islands
Every terrible war has a trigger point, an event that history books later claim “started it all.” For the Spanish-American War, it was the bombing of the USS Maine. For World War I it was the assassination of Archduke Franz Ferdinand of Austria. For U.S. involvement in World War I, it was the sinking of the Lusitania by a German U-Boat. For U.S. involvement in World War II, it was the attack on Pearl Harbor. For Vietnam, it was the Gulf of Tonkin Incident (I recommend readers look into the hidden history behind all of these events). While the initial outbreak of war always appears to be spontaneous, the reality is that most wars are planned far in advance.
As evidence indicates, China has been deliberately positioned to levy an economic blow against the United States. Our government is fully aware what the results of that attack will be, considering they have gamed the scenario multiple times. And, by RAND Corporation’s own admission, China and the United States have been preparing for physical confrontation for some time, centered on the concept of pre-emptive strikes. Meaning, the response both sides have exclusively trained for in the event of confrontation is to attack the other first!
The seemingly simple and petty dispute over the Senkaku Islands in the East China Sea actually provides a perfect environment for the pre-emptive powder keg to explode.
China has recently declared an “air defense zone” that extends over the islands, which Japan has already claimed as its own. China, South Korea and the United States have all moved to defy this defense zone. South Korea has even extended its own air defense zone to overlap China’s.
China has responded with warnings that its military aircraft will now monitor the region and demands that other nations provide it with civilian airline flight paths. China has also stated that it plans to create MORE arbitrary defense zones in the near future.
The U.S. government under Barack Obama has long planned a military shift into the Pacific, which is meant specifically to counter China’s increased presence. It’s almost as if the White House knew a confrontation was coming.
And most recently, the Japanese press has suggested that war between the two countriescould erupt as early as January.
China, with its limited navy, has focused more of its energy and funding into advanced missile technologies — including “ship killers,” which fly too low and fast to be detected with current radar. This is the same strategy of cheap compact precision warfare being adopted by countries like Syria and Iran, and it is designed specifically to disrupt tradition American military tactics.
Currently, very little diplomatic headway has been made or attempted in regards to the Senkaku Islands. The culmination of various ingredients so far makes for a sour stew.
All that is required now is that one trigger event — that one ironic “twist of fate” that mainstream historians love so much, the spark that lights the fuse. China could suddenly sell a mass quantity of U.S. Treasuries, perhaps in response to the renewed debt debate next spring. The United States could use pre-emption to take down a Chinese military plane or submarine. A random missile could destroy a passenger airliner traveling through the defense zone, and both sides could blame each other. The point is nothing good could come from the escalation over Senkaku.
Why Is War Useful?
What could possibly be gained by fomenting a war between the United States and China? What could possibly be gained by throwing America’s economy, the supposed “goose that lays the golden eggs”, to the fiscal wolves? As stated earlier, distraction is paramount, and fear is valuable political and social capital.
Global financiers created the circumstances that have led to America’s probable economic demise, but they don’t want to be blamed for it. War provides the perfect cover for monetary collapse, and a war with China might become the cover to end all covers. The resulting fiscal damage and the terror Americans would face could be overwhelming. Activists who question the legitimacy of the U.S. government and its actions, once considered champions of free speech, could easily be labeled “treasonous” during wartime by authorities and the frightened masses. (If the government is willing to use the Internal Revenue Service against us today, just think about who it will send after us during the chaos of a losing war tomorrow.) A lockdown of civil liberties could be instituted behind the fog of this national panic.
Primarily, war tends to influence the masses to agree to more centralization, to relinquish their rights in the name of the “greater good”, and to accept less transparency in government and more power in the hands of fewer people. Most important, though, is war’s usefulness as a philosophical manipulation after the dust has settled.
After nearly every war of the 20th and 21st century, the subsequent propaganda implies one message in particular: National sovereignty, or nationalism, is the cause of all our problems. The establishment then claims that there is only one solution that will solve these problems: globalization. This article by Andrew Hunter, the chairman of the Australian Fabian Society, is exactly the kind of narrative I expect to hear if conflict arises between the United States and China.
National identity and sovereignty are the scapegoats, and the Fabians (globalist propagandists) are quick to point a finger. Their assertion is that nation states should no longer exist, borders should be erased and a one-world economic system and government should be founded. Only then will war and financial strife end. Who will be in charge of this interdependent one world utopia? I’ll give you three guesses…
The Fabians, of course, make no mention of global bankers and their instigation of nearly every war and depression for the past 100 years; and these are invariably the same people that will end up in positions of authority if globalization comes to fruition. What the majority of people do not yet understand is that globalists have no loyalties to any particular country, and they are perfectly willing to sacrifice governments, economies, even entire cultures, in the pursuit of their “ideal society”. “Order out of chaos” is their motto, after all. The bottom line is that a war between China and the United States will not be caused by national sovereignty. Rather, it will be caused by elitists looking for a way to END national sovereignty. That’s why such a hypothetical conflict, a conflict that has been gamed by think tanks for years, is likely to be forced into reality.
Source: Brandon Smith | Alt-Market
What is more frightening, then the loss of your money. Since most people have, some meager amount held in some form of a financial institution, the prospect of the banksters’ cabal placing a charge against your account for the mere privilege of maintaining a deposit, is horrible. The Business Insider warns, In The Future, You May Have To Pay The Bank To Hold Your Money, and raises a very dreadful prospect.
“In recent weeks, economists have discussed the idea of how to implement a negative interest rate while preventing people from hoarding paper currency. Economist Miles Kimball has discussed creating an electronic currency and having an exchange rate between it and dollar bills. Others have discussed going cashless and eliminating paper currency altogether.”
Negative interest rates simply mean it will cost you, in fees or service charges, to hold money in banking accounts. Examine Professor Kimball’s ivory tower justification for seizing the value and purchasing power of your savings.
“University of Michigan economist Miles Kimball has developed a theoretical solution to this problem in the form of an electronic currency that would allow the Fed to bring nominal rates below zero to combat recessions. He’s been presenting his plan to different economists and central bankers around the world. Kimball has also written repeatedly about it and was recently interviewed by Wonkblog’s Dylan Matthews.”
Now dig deep into the mind of a mentally ill pseudo intellectual to see just how far from rational money policy such monetary eggheads go to provide cover for the fractional reserve central bankers.
“If we repealed the “zero lower bound” that prevents interest rates from going below zero, there would be no need to rely on the large scale purchases of long-term government debt that are a mainstay of “quantitative easing,” the quasi-promises of zero interest rates for years and years that go by the name of “forward guidance,” or inflation to make those zero rates more potent.”
This threat is a continuation from the initial trial balloon that appeared in the Financial Times. A video rant about, Banks to Start Charging You on Deposits, goes ballistic with outrage that the money-centered banks are emboldened as to telegraph their intentions of raiding the nest egg savings of depositors. While the justifiable emotion is understandable for a beleaguered public, the economic aftermaths of interjecting massive QE reserves is explained well by Zerohedgein recent reports with the accompanied chart.
“Furthermore, contrary to what the hypocrite banker said that ”the danger is that banks are pushed into riskier assets to find yield“, banks are already in the riskiest assets: just look at what JPM was doing with its hundreds of billions in excess deposits, which originated as Fed reserves on its books – we explained the process of how the Fed’s reserves are used to push the market higher most recently in “What Shadow Banking Can Tell Us About The Fed’s “Exit-Path” Dead End.”
What the real danger is, is that once the Fed lowers IOER and there is a massive outflow of deposits, that banks which have used the excess deposits as initial margin and collateral on marginable securities to chase risk to record highs (as JPM’s CIO explicitly and undisputedly did) that there would be an avalanche of selling once the negative rate deposit outflow tsunami hit.”
Hence, this move to prepare the bank customer for another hosing by imposing negative rates actually is a desperate attempt to keep the derivative “day of reckoning” from hitting. This strategy will not work. In the Negotium article, Low Interest Rates Impoverish Savers, makes the point: “Designed lowering of our standard of living is visible at every turn. The money-centered banks recapitalized their balance sheets at the expense of the passbook accounts customers.”With the expectation that bank accounts will actually experience debit fees for parking money will result in a massive outflow of capital. Where will the money go? Will the banks allow the return of your deposits in cash or will they impose significant costs and delay withdrawals?
Consider that under a banking system, which automatically reduces your balances, the acceleration of stripping your net worth goes into high gear. No sane individual would accept this theft willingly. However, the transition to a cashless economy might well inflict a call back of cash (Federal Reserve Notes) in circulation for an enforced substitute legal tender. Or else some variation of the “killer” Kimball electronic compulsory account may be imposed under strict governmental supervision.
Under such a circumstance, the mandatory medium of exchange strips all personal ownership from the individual. Money, in whatever form it takes, no longer will be your own property.
Negative interest rates institutionalize systemic inflation into every transaction. Throughout history, usury is condemned for charging interest on lending. What term should be used for paying no interest on capital saved? Anthony Migchels argues in Our Chains are Forged by Usury, that the objective is to create an interest-free money supply. Much like the Kimball electronic currency, the Migchels alternative resides in his own twisted hermitage, read accordingly.
“The problem is not the creation of money! Quite the opposite: it’s marvelous that we never need to have a shortage of money. The problem is when the bookkeeper starts raping the debitor with interest for no other reason than the associated minus.”
While debt is the central issue in all financial bubbles, the solution is not to destroy wealth creation through capital saving. Until a universal model of wizardry or alchemy is adopted that creates a stable store of value, independent from work, ingenuity or greed; expectations of an interest free currency are pipe dreams.
The benefits from negative interest rates all go to the banksters. The borrower never sees FREE interest loans, nor does the saver earn a fair rate of return. The maxim remains, Those with the Gold, Make the Rules, is no different in the age of the New World Order of central banking. Starving the saver is negative for the rest of us.