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The Greek Tragedy

February 28, 2015 by · 1 Comment 

Some things not to forget, which the new Greek leaders have not…

American historian D.F. Fleming, writing of the post-World War II period in his eminent history of the Cold War, stated that “Greece was the first of the liberated states to be openly and forcibly compelled to accept the political system of the occupying Great Power. It was Churchill who acted first and Stalin who followed his example, in Bulgaria and then in Rumania, though with less bloodshed.”

The British intervened in Greece while World War II was still raging. His Majesty’s Army waged war against ELAS, the left-wing guerrillas who had played a major role in forcing the Nazi occupiers to flee. Shortly after the war ended, the United States joined the Brits in this great anti-communist crusade, intervening in what was now a civil war, taking the side of the neo-fascists against the Greek left. The neo-fascists won and instituted a highly brutal regime, for which the CIA created a suitably repressive internal security agency (KYP in Greek).

In 1964, the liberal George Papandreou came to power, but in April 1967 a military coup took place, just before elections which appeared certain to bring Papandreou back as prime minister. The coup had been a joint effort of the Royal Court, the Greek military, the KYP, the CIA, and the American military stationed in Greece, and was followed immediately by the traditional martial law, censorship, arrests, beatings, and killings, the victims totaling some 8,000 in the first month. This was accompanied by the equally traditional declaration that this was all being done to save the nation from a “communist takeover”. Torture, inflicted in the most gruesome of ways, often with equipment supplied by the United States, became routine.

George Papandreou was not any kind of radical. He was a liberal anti-communist type. But his son Andreas, the heir-apparent, while only a little to the left of his father, had not disguised his wish to take Greece out of the Cold War, and had questioned remaining in NATO, or at least as a satellite of the United States.

Andreas Papandreou was arrested at the time of the coup and held in prison for eight months. Shortly after his release, he and his wife Margaret visited the American ambassador, Phillips Talbot, in Athens. Papandreou later related the following:

I asked Talbot whether America could have intervened the night of the coup, to prevent the death of democracy in Greece. He denied that they could have done anything about it. Then Margaret asked a critical question: What if the coup had been a Communist or a Leftist coup? Talbot answered without hesitation. Then, of course, they would have intervened, and they would have crushed the coup.

Another charming chapter in US-Greek relations occurred in 2001, when Goldman Sachs, the Wall Street Goliath Lowlife, secretly helped Greece keep billions of dollars of debt off their balance sheet through the use of complex financial instruments like credit default swaps. This allowed Greece to meet the baseline requirements to enter the Eurozone in the first place. But it also helped create a debt bubble that would later explode and bring about the current economic crisis that’s drowning the entire continent. Goldman Sachs, however, using its insider knowledge of its Greek client, protected itself from this debt bubble by betting against Greek bonds, expecting that they would eventually fail.

Will the United States, Germany, the rest of the European Union, the European Central Bank, and the International Monetary Fund – collectively constituting the International Mafia – allow the new Greek leaders of the Syriza party to dictate the conditions of Greece’s rescue and salvation? The answer at the moment is a decided “No”. The fact that Syriza leaders, for some time, have made no secret of their affinity for Russia is reason enough to seal their fate. They should have known how the Cold War works.

I believe Syriza is sincere, and I’m rooting for them, but they may have overestimated their own strength, while forgetting how the Mafia came to occupy its position; it didn’t derive from a lot of compromise with left-wing upstarts. Greece may have no choice, eventually, but to default on its debts and leave the Eurozone. The hunger and unemployment of the Greek people may leave them no alternative.

The Twilight Zone of the US State Department

“You are traveling through another dimension, a dimension not only of sight and sound but of mind. A journey into a wondrous land whose boundaries are that of imagination. Your next stop … the Twilight Zone.” (American Television series, 1959-1965)

State Department Daily Press Briefing, February 13, 2015. Department Spokesperson Jen Psaki, questioned by Matthew Lee of The Associated Press.

Lee: President Maduro [of Venezuela] last night went on the air and said that they had arrested multiple people who were allegedly behind a coup that was backed by the United States. What is your response?

Psaki: These latest accusations, like all previous such accusations, are ludicrous. As a matter of longstanding policy, the United States does not support political transitions by non-constitutional means. Political transitions must be democratic, constitutional, peaceful, and legal. We have seen many times that the Venezuelan Government tries to distract from its own actions by blaming the United States or other members of the international community for events inside Venezuela. These efforts reflect a lack of seriousness on the part of the Venezuelan Government to deal with the grave situation it faces.

Lee: Sorry. The US has – whoa, whoa, whoa – the US has a longstanding practice of not promoting – What did you say? How longstanding is that? I would – in particular in South and Latin America, that is not a longstanding practice.

Psaki: Well, my point here, Matt, without getting into history –

Lee: Not in this case.

Psaki: – is that we do not support, we have no involvement with, and these are ludicrous accusations.

Lee: In this specific case.

Psaki: Correct.

Lee: But if you go back not that long ago, during your lifetime, even – (laughter)

Psaki: The last 21 years. (Laughter.)

Lee: Well done. Touché. But I mean, does “longstanding” mean 10 years in this case? I mean, what is –

Psaki: Matt, my intention was to speak to the specific reports.

Lee: I understand, but you said it’s a longstanding US practice, and I’m not so sure – it depends on what your definition of “longstanding” is.

Psaki: We will – okay.

Lee: Recently in Kyiv, whatever we say about Ukraine, whatever, the change of government at the beginning of last year was unconstitutional, and you supported it. The constitution was –

Psaki: That is also ludicrous, I would say.

Lee: – not observed.

Psaki: That is not accurate, nor is it with the history of the facts that happened at the time.

Lee: The history of the facts. How was it constitutional?

Psaki: Well, I don’t think I need to go through the history here, but since you gave me the opportunity –- as you know, the former leader of Ukraine left of his own accord.

………………

Leaving the Twilight Zone … The former Ukrainian leader ran for his life from those who had staged the coup, including a mob of vicious US-supported neo-Nazis.

If you know how to contact Ms. Psaki, tell her to have a look at my list of more than 50 governments the United States has attempted to overthrow since the end of the Second World War. None of the attempts were democratic, constitutional, peaceful, or legal; well, a few were non-violent.

The ideology of the American media is that it believes that it doesn’t have any ideology

So NBC’s evening news anchor, Brian Williams, has been caught telling untruths about various events in recent years. What could be worse for a reporter? How about not knowing what’s going on in the world? In your own country? At your own employer? As a case in point I give you Williams’ rival, Scott Pelley, evening news anchor at CBS.

In August 2002, Iraqi Deputy Prime Minister Tariq Aziz told American newscaster Dan Rather on CBS: “We do not possess any nuclear or biological or chemical weapons.”

In December, Aziz stated to Ted Koppel on ABC: “The fact is that we don’t have weapons of mass destruction. We don’t have chemical, biological, or nuclear weaponry.”

Iraqi leader Saddam Hussein himself told CBS’s Rather in February 2003: “These missiles have been destroyed. There are no missiles that are contrary to the prescription of the United Nations [as to range] in Iraq. They are no longer there.”

Moreover, Gen. Hussein Kamel, former head of Iraq’s secret weapons program, and a son-in-law of Saddam Hussein, told the UN in 1995 that Iraq had destroyed its banned missiles and chemical and biological weapons soon after the Persian Gulf War of 1991.

There are yet other examples of Iraqi officials telling the world, before the 2003 American invasion, that the WMD were non-existent.

Enter Scott Pelley. In January 2008, as a CBS reporter, Pelley interviewed FBI agent George Piro, who had interviewed Saddam Hussein before he was executed:

PELLEY: And what did he tell you about how his weapons of mass destruction had been destroyed?

PIRO: He told me that most of the WMD had been destroyed by the U.N. inspectors in the ’90s, and those that hadn’t been destroyed by the inspectors were unilaterally destroyed by Iraq.

PELLEY: He had ordered them destroyed?

PIRO: Yes.

PELLEY: So why keep the secret? Why put your nation at risk? Why put your own life at risk to maintain this charade?

For a journalist there might actually be something as bad as not knowing what’s going on in his area of news coverage, even on his own station. After Brian Williams’ fall from grace, his former boss at NBC, Bob Wright, defended Williams by pointing to his favorable coverage of the military, saying: “He has been the strongest supporter of the military of any of the news players. He never comes back with negative stories, he wouldn’t question if we’re spending too much.”

I think it’s safe to say that members of the American mainstream media are not embarrassed by such a “compliment”.

In his acceptance speech for the 2005 Nobel Prize for Literature, Harold Pinter made the following observation:

Everyone knows what happened in the Soviet Union and throughout Eastern Europe during the post-war period: the systematic brutality, the widespread atrocities, the ruthless suppression of independent thought. All this has been fully documented and verified.

But my contention here is that the US crimes in the same period have only been superficially recorded, let alone documented, let alone acknowledged, let alone recognized as crimes at all.

It never happened. Nothing ever happened. Even while it was happening it wasn’t happening. It didn’t matter. It was of no interest. The crimes of the United States have been systematic, constant, vicious, remorseless, but very few people have actually talked about them. You have to hand it to America. It has exercised a quite clinical manipulation of power worldwide while masquerading as a force for universal good. It’s a brilliant, even witty, highly successful act of hypnosis.

Cuba made simple

“The trade embargo can be fully lifted only through legislation – unless Cuba forms a democracy, in which case the president can lift it.”

Aha! So that’s the problem, according to a Washington Post columnist – Cuba is not a democracy! That would explain why the United States does not maintain an embargo against Saudi Arabia, Honduras, Guatemala, Egypt and other distinguished pillars of freedom. The mainstream media routinely refer to Cuba as a dictatorship. Why is it not uncommon even for people on the left to do the same? I think that many of the latter do so in the belief that to say otherwise runs the risk of not being taken seriously, largely a vestige of the Cold War when Communists all over the world were ridiculed for blindly following Moscow’s party line. But what does Cuba do or lack that makes it a dictatorship?

No “free press”? Apart from the question of how free Western media is, if that’s to be the standard, what would happen if Cuba announced that from now on anyone in the country could own any kind of media? How long would it be before CIA money – secret and unlimited CIA money financing all kinds of fronts in Cuba – would own or control almost all the media worth owning or controlling?

Is it “free elections” that Cuba lacks? They regularly have elections at municipal, regional and national levels. (They do not have direct election of the president, but neither do Germany or the United Kingdom and many other countries). Money plays virtually no role in these elections; neither does party politics, including the Communist Party, since candidates run as individuals. Again, what is the standard by which Cuban elections are to be judged? Is it that they don’t have the Koch Brothers to pour in a billion dollars? Most Americans, if they gave it any thought, might find it difficult to even imagine what a free and democratic election, without great concentrations of corporate money, would look like, or how it would operate. Would Ralph Nader finally be able to get on all 50 state ballots, take part in national television debates, and be able to match the two monopoly parties in media advertising? If that were the case, I think he’d probably win; which is why it’s not the case.

Or perhaps what Cuba lacks is our marvelous “electoral college” system, where the presidential candidate with the most votes is not necessarily the winner. If we really think this system is a good example of democracy why don’t we use it for local and state elections as well?

Is Cuba not a democracy because it arrests dissidents? Many thousands of anti-war and other protesters have been arrested in the United States in recent years, as in every period in American history. During the Occupy Movement two years ago more than 7,000 people were arrested, many beaten by police and mistreated while in custody. And remember: The United States is to the Cuban government like al Qaeda is to Washington, only much more powerful and much closer; virtually without exception, Cuban dissidents have been financed by and aided in other ways by the United States.

Would Washington ignore a group of Americans receiving funds from al Qaeda and engaging in repeated meetings with known members of that organization? In recent years the United States has arrested a great many people in the US and abroad solely on the basis of alleged ties to al Qaeda, with a lot less evidence to go by than Cuba has had with its dissidents’ ties to the United States. Virtually all of Cuba’s “political prisoners” are such dissidents. While others may call Cuba’s security policies dictatorship, I call it self-defense.

The Ministry of Propaganda has a new Commissar

Last month Andrew Lack became chief executive of the Broadcasting Board of Governors, which oversees US government-supported international news media such as Voice of America, Radio Free Europe/Radio Liberty, the Middle East Broadcasting Networks and Radio Free Asia. In a New York Times interview, Mr. Lack was moved to allow the following to escape his mouth: “We are facing a number of challenges from entities like Russia Today which is out there pushing a point of view, the Islamic State in the Middle East and groups like Boko Haram.”

So … this former president of NBC News conflates Russia Today (RT) with the two most despicable groups of “human beings” on the planet. Do mainstream media executives sometimes wonder why so many of their audience has drifted to alternative media, like, for example, RT?

Those of you who have not yet discovered RT, I suggest you go to RT.com to see whether it’s available in your city. And there are no commercials.

It should be noted that the Times interviewer, Ron Nixon, expressed no surprise at Lack’s remark.

Notes

  1. William Blum, Killing Hope: U.S. Military and C.I.A. Interventions Since World War II, chapters 3 and 35
  2. Greek Debt Crisis: How Goldman Sachs Helped Greece to Mask its True Debt”, Spiegel Online (Germany), February 8, 2010. Google “Goldman Sachs” Greece for other references.
  3. U.S. Department of State Daily Press Briefing, February 13, 2015
  4. Overthrowing other people’s governments: The Master List
  5. CBS Evening News, August 20, 2002
  6. ABC Nightline, December 4, 2002
  7. “60 Minutes II”, February 26, 2003
  8. Washington Post, March 1, 2003
  9. “60 Minutes”, January 27, 2008
  10. Democracy Now!, February 12, 2015, Wright statement made February 10
  11. Al Kamen, Washington Post, February 18, 2015
  12. Huffington Post, May 3, 2012
  13. New York Times, January 21, 2015


William Blum is the author of:

  • Killing Hope: US Military and CIA Interventions Since World War 2
  • Rogue State: A Guide to the World’s Only Superpower
  • West-Bloc Dissident: A Cold War Memoir
  • Freeing the World to Death: Essays on the American Empire


Portions of the books can be read, and signed copies purchased, at www.killinghope.org

Email to bblum6@aol.com

Website: WilliamBlum.org

William Blum is a regular columnist for Veracity Voice

HSBC Corporate Governance Corruption

February 23, 2015 by · Leave a Comment 

When the Negotium essay, Long History of HSBC Money Laundering was written over two years ago, one might think that the Banksters would look to take a lower profile. Forget about it, when you are part of a made criminal syndicate you never have to serve time, just say you are sorry. Bloomberg reports, the “HSBC Holdings Plc Chief Executive Officer Stuart Gulliver offered “sincerest apologies” following fresh details of how the bank’s Swiss unit helped customers evade taxes.”

The Forbes column, ‘Corporate Governance Is The Very Essence Of A Business’ presents a half hearted public relations spin from the notorious bank for Drug, Inc.

“As part of its response to the revelations HSBC said: “We acknowledge that the compliance culture and standards of due diligence in HSBC’s Swiss private bank, as well as the industry in general, were significantly lower than they are today. At the same time, HSBC was run in a more federated way than it is today and decisions were frequently taken at a country level.”

The most chilling feature of the laborious research into the HSBC files is the documentation of the knowing wrong-doing perpetrated by managers at various levels throughout the bank – and the flippancy with which it was undertaken. From ‘code names’ for clients to widespread collusion, it is clear there is complete contempt for the law.”

Arrogance in spades is how the world’s number two bank operates. Another example provided by Tom Heneghan, who professes to be an International Intelligence Expert, cites the following.

“Alibaba previously was de-listed on the Hong Kong Exchange for dealing in fraud with the Hong Kong branch of noted bank HSBC.

Alibaba is then simultaneously operating a foreign currency money laundry and ponzi scheme tied once again to HSBC.”

The bigger the money the greater the chance you have for just minor pin pricks and fines that are all part of the pay off cycle of international banking.

When it comes to inventing clandestine methods for money laundering, look to the masters in the City of London to perfect the art of double talk. The BBC account, HSBC whistleblower’s email to HMRC uncovered, states:

“An email which the whistleblower at the centre of an HSBC tax scandal says he sent to HM Revenue and Customs in 2008 has been uncovered by a French newspaper.

The UK tax authority has been under fire from MPs on the Public Accounts Committee, who accused tax officials of failing to deal with the matter adequately and ignoring Mr Falciani’s 2008 email.”

No surprise that a years old complaint gets pushed under the rug. HSBC is too big to fail and pays for protections in all the right places.

Reuters adds more accelerants to the firestorm, but the odds that this scandal will suck up all the oxygen to build into an inferno are slim.

“Other countries are already taking action against HSBC based on data leaked by Falciani and previously obtained by tax authorities. In November Argentina charged the bank with helping more than 4,000 clients evade taxes. HSBC Argentina rejected the charge, saying it respected Argentine law.”

Hey, the motive to avoid paying taxes is well understood. However, facilitating criminal enterprises under the banner of a fiduciary banking institution crosses the line. The Guardian provides the following in HSBC files: Swiss bank hid money for suspected criminals.

“HSBC also held assets for bankers accused of looting funds from former Soviet states, while alleged crimes by other account holders include bribery at Malta’s state oil company, cocaine smuggling from the Dominican Republic and the doping of professional cyclists in Spain.

The Swiss bank also held accounts for “politically exposed people” – defined as senior political figures or their relatives at heightened risk of involvement in corruption, money laundering, or avoiding international sanctions – with little evidence of any extra scrutiny of their activities.”

OK, what is the point of citing more horror stories, by now you get the drill that the Globalist interdependent financial extortion system needs a mechanism to keep all the pay offs and ill-gotten gains circulating. The history of HSBC is a case study of all that global corporatists has wrought on the planet.

Governments won’t even investigate credible complaints, enact necessary structural oversight and accountability processes, and certainly will not jail the kingpins who flaunt their untouchable status.

Repeating this saga using different circumstances never gets down to the level of approaching solutions. Without a universal outcry against the transnational banking model and the creation of regional and local alternative banking, the big banks will just keep getting larger and more autonomous and above national sovereignty.

What governments these banking house monopolies do not control, matter little in the larger scheme of finance. HSBC along with Goldman Sachs and JP Morgan may be the posters boys of the Banksters cabal, but you will never see their executive faces on a most wanted poster.

Last year Hang the Bankers published 48 suspicious banking deaths asks.

“With the global financial system heading towards a major crash in the near future are these people buckling under the pressure of what they see coming or are they being silenced because of what they know?”

Attempting to answer this question will take insider information of scores of Falciani whistleblowers. Or more probably, those who are considering joining the ranks of informers may well become part of the growing list of the deceased.

For those who doubt the shadow history of debt created banking, watch the video The Rothschild Family – Puppet Masters – World’s Only Trillionaires – Full Documentary on the BREAKING ALL THE RULES You Tube Channel, subscribe for future updates.

What people must come to understand is that banking is not really about making money. It uses the fractional reserve and current zero interest rates to further their political influence over nations to achieve global governance. They are the true outlaws, in Armani suits. HSBC just happens to have a longer experience with global thievery than most


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

Sartre is a regular columnist for Veracity Voice

Don’t Tell Anyone In Berlin

February 21, 2015 by · Leave a Comment 

Ironman Varoufakis’s Revolutionary Plan for Europe…

“The ongoing dispute between the German and Greek governments is nothing less than a democratic revolution against German hegemony and the attempt of the Germans and their paladins in the EU to dictate Greek domestic policy.”

–Mathew D. Rose, It’s a revolution, Stupid! Naked Capitalism

“Germany is eating itself over Greece. It is eroding its moral authority, and seems prepared to destroy the eurozone’s integrity just to make a point.”

–Paul Mason, Germany v Greece is a fight to the death, a cultural and economic clash of wills, Guardian

If you haven’t been following developments in the Greek-EU standoff, you’re really missing out. This might be the best story of the year. And what makes it so riveting, is that no one thought that little Greece could face off with the powerful leaders of the EU and make them blink. But that’s exactly what’s happened. On Monday, members of the Eurogroup met with Greece’s finance minister, Yanis Varoufakis, to decide whether they would accept Greece’s terms for an extension of the current loan agreement. There were no real changes to the agreement. The only difference was semantics, that is, the loan would not be seen as a bailout but as “a transitional stage to a new contract for growth for Greece”. In other words, a bridge to a different program altogether.

In retrospect, Varoufakis’s strategy was pure genius, mainly because it knocked the EU finance ministers off balance and threw the process into turmoil. After all, how could they vote “thumbs down” on loan package that they had previously approved just because the language was slightly different? But if they voted “thumbs up”, then what?

Well, then they would be acknowledging (and, tacitly, approving) Greece’s determination to make the program less punitive in the future. That means they’d be paving the way for an end to austerity and a rethink on loan repayment. They’d also be conceding that Greece’s democratically-elected government had the right to alter the policies of the Eurogroup. How could they let that happen?

But, then again, how could they vote it down, after all, it was basically the same deal. As Varoufakis pointed out in a press conference on Monday:

“We agree to the terms of our loan agreements to all our creditors”. And we have “agreed to do nothing to derail the existing budget framework during the interim period.”

See? It’s the same deal.

This is the conundrum the Eurogroup faced on Monday, but instead of dealing with it head-on, as you would expect any mature person to do, they punted. They put off the loan extension decision for another day and called it quits. Now maybe that was the smart thing to do, but the optics sure looked terrible. It looked like Varoufakis stared them down and sent them fleeing like scared schoolchildren.

Now, remember, Monday was the absolute, drop-dead deadline for deciding whether the Eurogroup would approve or reject the new terms for Greece’s loan extension. That means the Eurogroup’s task could not have been more straightforward. All they had to do was vote yes or no. That’s it.

Instead, they called ‘Time Out’ and kicked the can a little further down the road. It was not a particularly proud moment for the European Union. But what’s even worse, is the subterfuge that preceded the meetings; that’s what cast doubt on the character of the people running EU negotiations. Here’s the scoop: About 15 minutes before the confab began, Varoufakis was given a draft communique outlining the provisions of the proposed loan extension. He was pleasantly surprised to find that the document met all his requirements and, so, he was prepared to sign it. Unfortunately, the document was switched shortly before the negotiations began with one that backtracked on all the crucial points.

I’m not making this up. The freaking Eurogroup tried to pull the old switcheroo on Varoufakis to get him to sign something that was different than the original. Can you believe it? And it’s only because Varoufakis studiously combed through the new memo that he was able to notice the discrepancy and jam on the brakes. As it happens, the final copy was just a rehash of the same agreement that Varoufakis has rejected from the onset. The only difference was the underhanded way the Eurogroup tried to slip it by him.

Now you tell me: Would you consider people who do something like that “trustworthy”?

Of course not. This is how people behave when they don’t care about integrity or credibility, when all that matters is winning. If the Eurogroup can trick the Greeks into signing something that’s different than what they think they’re signing; then tough luck for the Greeks. “Caveat emptor”. Buyer beware. The Eurogroup has no problem with that kind of shabby double-dealing. That’s just how they play the game.

But their trickery and bullying hasn’t worked, mainly because Varoufakis is too smart for them. And he’s too charismatic and talented too, which is a problem for the EU bigwigs who resent the fact that this upstart Marxist academic has captured the imaginations of people around the world upsetting their little plan to perpetuate Greece’s 6-year long Depression. They never anticipated that public opinion would shift so dramatically against them, nor had they imagined that all of Europe would be focused laserlike on the shady and autocratic workings of the feckless Eurogroup. That’s not what they wanted. What they wanted was carte blanche to impose their medieval policies on the profligate Greeks, just like the good old days after Lehman Brothers tanked. After all, that’s how a “anti-democratic imperialist project” like the EU is supposed to work, right?

Right, except now Varoufakis and his Marxist troopers have thrown a wrench in the Eurogroup’s plans and put the future in doubt. The tide has turned sharply towards reason, solidarity and compassion instead of repression, exploitation and cruelty. In just a few weeks, the entire playing field has changed, and Greece appears to be getting the upper hand. Who would have known?

If you look at the way that Varoufakis has handled the Eurogroup, you have to admire the subtlety, but effectiveness of his strategy. In any battle, one must draw attention to the righteousness of their cause while exposing the flaws in the character of their adversary. The incident on Monday certainly achieved both. While David never really slayed Goliath, Goliath is certainly in retreat. And that’s alot better than anyone expected.

As for the “cause”, well, that speaks for itself. The Greek bailout was never reasonable because the plan wasn’t designed to create a path for Greece to grow its way out of debt and deflation. No. It was basically a public relations smokescreen used to conceal what was really going on behind the scenes, which was a massive giveaway to the banks and bondholders. Everyone knows this. Check this out from Naked Capitalism:

“According to the Jubilee Debt Campaign, 92% of €240 billion Greece has received since the May 2010 bailout went to Greek and European financial institutions.” (Naked Capitalism)

Yep, it was all just one big welfare payment to the moocher class. Meanwhile, the Greeks got zilch. And, yet, the Eurogroup wants them to continue with this same program?

No thanks.

As far as Greece’s finances are concerned, they’ve gotten progressively worse every year the bailout has dragged on. For example, Greece’s debt-to-GDP ratio has gone from 115 percent in 2010 more than 170 percent today. The country is headed in the wrong direction, which is what makes Varoufakis’s remedies so compelling. It’s because everyone knows that ‘if you are already in a hole, stop digging’. That’s the logic behind Varoufakis’s position; he simply wants to “stop digging.” But that can’t be done by borrowing more money to repay debts that only get bigger with each new bailout. And it can’t be done by implementing excruciating belt-tightening measures that increase unemployment and shrink the economy. It can only be done by reducing one’s debts and initiating programs that help to grow the economy back to health. This isn’t rocket science, but it is anathema to the retrograde ideology of the European Union which is one part bonehead economics and one part German sanctimony. Put the two together and you come up with a pre-Keynesian dystopia where one of the wealthiest regions in the world inches ever-closer to anarchy and ruin for the sole purpose of proving that contractionary expansion actually works. Well, guess what? It doesn’t, and we now have six years of evidence to prove it.

It’s worth noting that the Eurogroup hasn’t budged one inch from its original position. In other words, there really haven’t been any negotiations, not in any meaningful sense of the word. What there has been is one group of pompous blowhards reiterating the same discredited mantra over and over again, even though austerity has been thoroughly denounced by every reputable economist on the planet. Of course that doesn’t matter to the ex-Goldman swindlers at the ECB or their hairshirt counterparts in Berlin. What they want is to extract every last drop of blood from their Greek victims. That’s their game. And, of course, ultimately what they want to do is annihilate the entire EU welfare state; crush the unions, eviscerate pensions, wages and health care, and privatize everything they can get their greasy hands on. That’s the real objective. Greece’s exorbitant debts are just a means to an end, just a way to decimate the middle class in one fell swoop.

Keep in mind, the EU just narrowly avoided a triple-dip recession in the third quarter, which would have been their third slump in less than six years. How do you like that track record? It just illustrates the stunning mismanagement of the Union’s economic affairs and the incompetence of the bureaucrats making the decisions. Even so, these same leaders have no qualms about telling Greece to step in line and follow their diktats to the letter.

Can you believe the arrogance?

Fortunately, Greece has broken from the herd and set out on a new course. They’ve disposed of the mealy-mouth, sellout politicians who used to run the country and put the A-Team in their place. And, boy, are they happy with the results. Syriza’s public approval ratings are through the roof while Varoufakis has become the most admired man in Europe. The question is whether this new troupe of committed leftists can deliver the goods or not. So far, there’s reason for hope, that is, if we can agree about what Varoufakis’s strategy really is.

In earlier writings, Varoufakis said that he wants a New Deal for Greece. He said:

“Unless we have a new deal for Europe, Greece is not going to get a chance….It’s a necessary condition that the eurozone finds a rational plan for itself…. until and unless the eurozone finds a rational plan for stopping this train wreck throughout the European Union, throughout the eurozone, Greece has no chance at all.” Naked Capitalism)

Okay, so Varoufakis wants to stay in the EU, but he wants a change in policy. (Reducing the debts, ending austerity, and boosting fiscal stimulus.) But he also has more ambitious plans of which no one in Brussels, Frankfurt or Berlin seems to be aware. He wants to change the prevailing culture of the Eurozone; gradually, incrementally, but persistently. He wants a Europe that is more democratic and more responsive to the needs of the member states, but he also wants a Europe that is more united via institutions and programs that will strengthen the union. He believes that success will only be achieved if concrete steps are taken “to unify the banking system”, mutualize debt (“the Federal Government having its own debt over and above states.”) …”And thirdly we need an investment policy which runs throughout the Eurozone… a recycling mechanism for the whole thing. Unless we have these things,… I’m afraid there is absolutely nothing to avert the continuation of this slow motion derailment.” (Naked Capitalism)

So, there you have it. Nationalize the banking system, create a Euro-wide bond market, and establish mechanisms for fiscal transfers to the weaker states like we do in the US via welfare, food stamps, gov contracts, subsidies etc. to create some balance between the very rich and productive states like California and New York and the poorer states like South Dakota and Oklahoma. That’s what it’s going to take to create a viable United States of Europe and escape these frustratingly recurrent crises. Varoufakis knows this, but of course he’s not pushing for this. Not yet at least.

Instead, he’s decided to take it slowly, one step at a time. Incremental change, that’s the ticket. Just keep plugging away and building support until the edifice cracks and democracy appears.

That’s Varoufakis’s plan in a nutshell: Revolution from within. Just don’t tell anyone in Berlin.


Mike Whitney is a regular columnist for Veracity Voice

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

Puppets For The New World Order

February 15, 2015 by · 4 Comments 

America’s Founding Fathers wisely instituted a federal government with three separate branches with the intention of creating built-in checks and balances designed to protect the liberties of the American people and the independence of the sovereign states. Each branch of government was given authority to check the other branches when they became oppressive or unconstitutional. In addition to the checks and balances built in to the federal government, they assumed that additional checks to power outside the federal government would serve to protect the people’s liberties. Namely, our founders expected that free and independent states, a free and independent press, and free and courageous pulpits would further serve as diligent watchdogs of liberty.

However, only the most naïve among us do not recognize that, for all intents and purposes, the governmental checks and balances in Washington, D.C., are virtually non-existent. For the most part, the three branches of the federal government and the two major political parties in Washington simply facilitate the decisions of the existing power base–especially when it comes to the expansion of federal intrusion and oversight.

All of the political wrangling over the differences between Republicans and Democrats notwithstanding, when it comes to increasing the size and scope of the federal government, the two parties inside the Beltway are practically identical twins. And nowhere is this more clearly observed than in all things said to be for the sake of “national security.”

With very few exceptions, America’s newspapers regurgitate the federal government’s solutions for “national security.” With very few exceptions, a majority of the talking heads on television from both the left and the right embrace America’s military interventionism in the Middle East and the burgeoning Police State currently mushrooming inside the United States. And, again, the banner flying high above all of this warmongering and domestic enslavement is “national security.”

For the sake of “national security,” the Church, too, enthusiastically embraces a domestic Police State and wars of aggression abroad–especially in the Middle East.

Anything that falls under the rubric of “national security” is enthusiastically embraced by most Republicans and Democrats, conservatives and liberals, and Christians and unbelievers. This almost always translates into more global intervention by the U.S. military and increased power by federal, State, and local police agencies in America’s heartland.

The shadows of power that have mostly controlled the federal government (with rare exceptions) since at least the Woodrow Wilson administration are experts at creating Boogeymen for America to hate. And, of course, fighting these Boogeymen serves as a justifiable reason for the federal government to expunge more and more liberties; it’s in the interest of “national security.” But since 9/11, the American people have been more manipulated since perhaps any other time in our nation’s history.

Take a look at this recent report:

“A church hosting a law enforcement appreciation sermon asked its followers to pledge their allegiance to government this weekend, arguing that all state authorities throughout history have been ordained by God.

“According to an anonymous visitor of the Gold Creek Community Church in Mill Creek, Washington, who provided exclusive photos to Infowars, attendees were ordered to submit to the state without question. ‘They had police worship today and last week was military worship where they played clips of American Sniper…’ the source said. ‘They were telling people to basically worship government and worship police no matter what. No mention of police brutality, no mention of the stingray systems grabbing our data…’

“Near the end of the sermon, members of the congregation were asked to raise their right hands and make a pledge, which included the promise to call 911 on ‘suspicious’ neighbors.”

Of course, the justification that the pastor used for this type of state worship was Romans 13. This devilish misinterpretation of Romans 13 has done more to enslave the minds of America’s pastors and Christians than anything I can think of. That’s why my son and I co-authored the book, “Romans 13: The True Meaning of Submission.”

Romans 13: The True Meaning of Submission

In addition, I delivered a four-message series on Romans 13 that is available on DVD. Find it here:

The True Meaning of Romans 13 Series-DVD

The infowars report also included a local television news report on how pastors and churches are conditioning their parishioners to become sheepish slaves of the state under the rubric of Romans 13:

Clergy Response Teams To Help Government Enforce Martial Law

See the infowars report here:

Church Asks Followers To Submit To Government, Call 911 On Suspicious Neighbors

Ladies and gentlemen, this kind of report could have been repeated throughout the entire country of Germany during the rise of the Third Reich.

Of course, many of the pastors who are regurgitating this form of state worship are not conscience of what they are doing. They have been indoctrinated in our nation’s seminaries, Bible colleges, Christian universities, etc., to the point that they actually believe they are being both patriotic and spiritual. They are completely blind to the fact that they have become puppets for the New World Order power elite.

Our pastors are in the same boat as many of our military personnel and police officers. They believe that by being willing to submit to any order, no matter how unconstitutional or unrighteous, they are “serving God and country.” Remember, without this ongoing “war on terror” overseas, America’s growing domestic Police State would come crashing down. A domestic Police State is TOTALLY dependent upon the international “war on terror.” And ever since 9/11, the big, bad Boogeymen that are being used to frighten the American people (especially Christians) out of their senses are Muslims–ALL Muslims.

How many times have I heard some well-intentioned (I think they are well-intentioned) Christian say, “There is no such thing as a moderate Muslim.” Or, “There is no such thing as a peaceful Muslim.” Really?

Why is it that we rarely heard such ludicrous statements before the events of 9/11? There have been millions of Muslims living among us Americans for as long as any of us can remember. There were doubtless thousands of Muslims in the United States at the time of our Revolutionary War. Where was the holy Jihad in this nation? Where were the mass beheadings or genocide against Christians in this country? For the most part, these millions of Muslim Americans have lived peacefully among us for all of our lives. But, now all of a sudden, they are the greatest threat to our country’s very existence? Get real.

The warmongers and international nation builders who desire to drown the United States under the deluge of a global New World Order found the perfect Boogeyman in the form of Islam. If the official report on 9/11 is true (almost half of the American people do NOT believe it is true, including this writer), all the perpetrators of the attacks were men from Saudi Arabia. Yet, we couldn’t invade Saudi Arabia. We need their oil too much. Besides, the Muslim nation of Saudi Arabia is deemed to be a U.S. ally. And we couldn’t attack Iraq on the basis of Saddam Hussein’s alleged atrocities alone. The world just wouldn’t buy it.

Did Hussein kill hundreds of Muslim Kurds (most Muslim violence is perpetrated against other Muslims) during his regime? Probably so. Does anyone want to know why? THEY WERE TRYING TO OVERTHROW HIS GOVERNMENT. Am I justifying what Hussein did against his enemies? No. But the same people who are so quick to condemn Hussein for defending his government with violence seem to pay no attention to the atrocities committed by George H.W. Bush and Bill Clinton against U.S. citizens who posed absolutely NO THREAT to the government in Washington, D.C.

I am talking about Ruby Ridge, Idaho, when our own federal government accused ONE MAN, Randy Weaver, of threatening the United States government, and it sent federal agents to murder both him and his wife, Vicki. A federal sniper murdered Vicki and shot Randy (he survived his wounds). Federal agents also shot their young son, Sammy, in the back and killed him.  But Vicki was not holding a rocket launcher or hand grenade; she was holding her little baby in her arms.

I recall that the federal government accused a small splinter group of Seventh Day Adventists (the Branch Davidians) of threatening the U.S. government; and it sent federal agents and combat military personnel to burn them out and machine-gun them to death.

Where was the outrage of all of these patriotic Americans and righteous Christians over the atrocities committed by our own government at Ruby Ridge, Idaho, and Waco, Texas? Neither the Weaver family nor the Branch Davidians posed ANY threat to the U.S. government. Heck! They didn’t even pose a threat to their neighbors. But our federal government murdered them, nonetheless.

One more thing to think about: the U.S. war in Iraq is estimated to have killed over 500,000 Iraqi children. That is more people (men, women, and children) than were killed when we dropped the atomic bombs on Hiroshima and Nagasaki. Of course, then-Secretary of State Madeleine Albright testified before Congress and said the deaths of all of those Iraqi children were “worth it.” (And by the way many of our Christian brethren in the United States are acting, I suppose they think it was worth it, too.)

So, needing something more than just Saddam Hussein’s alleged atrocities against the Kurds to justify a full-scale war in the Middle East, we invented a brand new threat: Al Qaeda. Now, the globalists had their Boogeyman. But after more than a decade of war, and with the American people becoming numb to an Al Qaeda threat, they invented a new Boogeyman: ISIS (IS; ISIL, etc.).

Think of it: OVERNIGHT, ISIS has advanced, sophisticated weapons; OVERNIGHT, it has millions of dollars to spend; OVERNIGHT it has become the greatest threat to, not only the security of the Middle East, but the United States of America. In the name of the threat of ISIS, the surveillance state must be expanded in America. In the name of the threat of ISIS, our local and State police must become more and more militarized. In the name of the threat of ISIS, Americans must be willing to surrender more and more of their liberties.

Neither Al Qaeda nor ISIS could have become the powerful force they have become WITHOUT THE DIRECT ASSISTANCE OF DARK OPS AND DIRTY MONEY FROM THE UNITED STATES. It is just not humanly possible.

Am I suggesting that ISIS is not comprised of radical, militant Muslims who are very violent and dangerous people? Of course not! But I am suggesting, no I am saying, that not every Muslim is a radical, violent Jihadist. I am saying that our country is filled with peaceful, non-violent Muslims who pose absolutely NO THREAT to the people of the United States. And I am saying that the kind of hatred and bigotry that many Christians are demonstrating against the Muslim people in general is a sin against Jehovah God and a contradiction of everything our Savior, the Lord Jesus Christ, taught us. And I am further saying that ISIS could not exist without major assistance from the United States and probably Israel.

Ask yourself, since when do revolutionaries broadcast their atrocities for the entire world to see and for the entire world to become enraged against them? Even surrounding Muslim nations are incensed with the conduct of ISIS. A Jordanian government official just recently stated that members of ISIS are NOT Muslims. Many, if not most, of the Muslim states totally reject ISIS as part of the Muslim brotherhood. Why would ISIS seek to alienate its own brethren? Why would it risk becoming the most hated group of people in the world–even the Muslim world?

It’s because ISIS is a contrivance of U.S. and Israeli Dark Ops who have created and attracted the most radical, hate-filled people of the region and set them up in opposition to the laws of decency in order to incite the American public into accepting more war and more abridgments of their liberties. And whether these master manipulators realized it would happen the way it has or not (they probably did), their biggest assets have turned out to be zealous Christians who see themselves as fighting their own holy war against the Muslim infidels.

Yet, America’s Founding Fathers did not categorize all Muslim people as Jihadists or militant extremists. Yes, Thomas Jefferson had to deal with violent Muslims during his administration. And he did it constitutionally, by the way. He didn’t invade Muslim nations with the U.S. military; he invoked the constitutional solution of asking Congress for letters of marque and reprisal. Ron Paul introduced just such a bill after 9/11, but, of course, George W. Bush and Dick Cheney were already determined to invade Iraq. Invasion plans were in place long before the attacks on 9/11.

That Thomas Jefferson didn’t hate Muslims or regard all of them as being violent Jihadists is plain. The man that Jefferson admired–and copied from–most, John Locke, insisted that Muslims be tolerated in England. Campaigning for religious freedom in Virginia, Jefferson demanded recognition for the religious rights of the “Mahamdan [Muslim], the Jew and the pagan.” In his autobiography, Thomas Jefferson recounted his satisfaction at the passage of his landmark Bill for Establishing Religious Freedom (1786) and the effort by some in the legislature to limit the bill’s scope “in proof that they meant to comprehend, within the mantle of its protection, the Jew and the Gentile, the Christian and Mahometan [Muslim].” Jefferson’s perception of Muslims as peaceful people generally was shared by other Founding Fathers.

Richard Henry Lee, who made the motion for independence at the Continental Congress, declared, “True freedom embraces the Mahomitan [Muslim] and the Gentoo [Hindu] as well as the Christian religion.”

George Washington proposed an exemption for Muslims in Virginia regarding a proposed law that would have demanded citizens to support the Christian religion with their tax dollars. Washington further welcomed “Mohometans” [Muslims] to Mount Vernon. And think of it: Washington didn’t have a company of Secret Service agents protecting him, either.

Of course, men of influence throughout the course of Western Civilization have noted the danger posed by violence-prone Muslims. Rightly so. But I remind you that for many decades, white Americans were the targets of Indian savagery. And the warnings against the Indian tribes were numerous and often justified. I also remind you that much savagery was committed AGAINST the Indians by whites. I further remind you that much of the savagery of the Indians was CREATED by the whites by acts of injustice, deceit, and downright barbarism. It was not all one-sided.

Neither is it all one-sided in the Middle East. America’s CIA and illegal Dark Ops are often INCITING the Muslim people of the Middle East against us. This is deliberate and intentional. It foments war and hatred–on both sides. And when people are filled with fear, and war, and hatred, it is much easier to strip them of their liberties and manipulate them into accepting usurpations of their freedoms that they would otherwise never be inclined to do.

Think about it: if our government truly believed we were at war with Al Qaeda or ISIS, why would it insist on keeping our southern border wide open? If the “war on terror” were legitimate, securing our border would be the FIRST thing our government would do. That it doesn’t proves the duplicitous nature of our so-called “war on terror.”

It’s time for Americans (and especially Christians) to understand that there is a war alright: it is a war against our liberties, and the primary enemy is the New World Order globalists who are using elements of our own government (as well as other governments) against us.

Frankly, if the United States would GET OUT of the Middle East and GET OUT of the United Nations, most of this international conflict that we are mired in today would go away.

When pastors and churches succumb to the notion of submitting to a domestic Police State, when they succumb to the fear and paranoia created by a “war on terror,” and when they succumb to the sins of hate and bigotry against one group of people, they unwittingly become puppets for the New World Order.


Chuck Baldwin is a regular columnist for Veracity Voice

You can reach him at: chuck@chuckbaldwinlive.com
Please visit Chuck’s web site at: http://www.chuckbaldwinlive.com

The American Church Has Some Big Problems

February 7, 2015 by · 7 Comments 

That the American Church has problems is no surprise. Critics of the Church, many of whom have never actually taken an active part, have hurled pot shots at the Church since its inception. Churches are led and comprised of sinful, fallen people. Accordingly, there will be imperfections, shortcomings, failures, etc. Name an institution managed by people that does not have the same pitfalls.

That said, the current Church in America not only has problems, it has BIG problems. I’m talking about problems that are so huge they threaten the very survival of not only the Church itself, but of our nation, as well.

During the Twentieth Century, liberalism pretty much killed America’s mainstream denominational churches; and legalism did the same thing to America’s fundamentalist conservative churches.

In mainstream denominational churches, the rejection of the veracity of the Scriptures, the repudiation of essential Biblical doctrines, and the reception of liberal social agendas sent people by the millions fleeing these fellowships. Virtually every mainline denomination has been losing membership for decades.

For example, it is one thing for the state to grovel before politically correct ideology and embrace such moral deviances as homosexual marriage. To begin with, the state has no rightful place in sanctioning, defining, or legislating marriage at all. Marriage was never a state matter. It is a sacred matter. Our Creator has already sanctioned and defined marriage. What the state does or doesn’t do is irrelevant. As with most issues involving faith, the best thing civil government can do is butt out. But for the Church to embrace homosexual marriage is another matter altogether. No Christian who has even a rudimentary understanding of the Biblical and Natural laws regarding marriage could maintain fellowship with a church or denomination that would surrender to the amoral machinations of a degraded society. And that is just one issue that has caused millions of believers to flee America’s mainline churches and denominations.

For fundamentalist conservative churches, legalism has had the same effect as liberalism among mainline churches: it has pretty much killed them. During the last half of the Twentieth Century, fundamentalist conservative churches exploded in growth. A few decades ago, the largest churches and Sunday Schools in America were fundamentalist. But, just as mainstream churches succumbed to liberalism, fundamentalist churches succumbed to legalism. As the Scripture notes, “the letter killeth,” and, indeed, it has pretty much destroyed America’s fundamentalist churches. In fact, as a movement, it HAS destroyed them.

Accordingly, going into the Twenty First Century, these two cancers were already major problems within the American Church. But the problems that have wormed their way into the Church during the first decade and a half of the Twenty First Century have grown in both intensity and pervasiveness to the point that only a miracle from Heaven can avert impending disaster.

Here are the major problems that are destroying the American Church:

*Success Orientation

America’s churches went from a “church growth” ideology in the latter half of the Twentieth Century to a “success” orientation in the formative years of the twenty-first century. “Success” is now the driving motivation of the vast majority of America’s churches. But “success” is not defined in Scriptural terms; it is defined in secular terms.

A major study released by George Barna a few months ago clearly showed that “success” is the predominant philosophy of America’s churches. And Barna’s research listed the five-fold criteria that determined “success” in the minds of most pastors and churches: 1) Attendance, 2) Offerings, 3) Number of programs, 4) Size of staff, and, 5) Square footage of facilities. In fact, Barna’s research showed that the vast majority of pastors will purposely NOT preach what they know is Biblical truth in order to accommodate the five-fold “success” goals listed. This has led to popularity-preaching; entertainment-oriented programs; soft, non-confrontational teaching; and an overall weak and compromising pulpit.

The “success” orientation of the modern church is a major problem.

*The Egregious Misinterpretation of Romans 13, the 501c3 IRS non-profit organization status for churches, and Statism

Though these three issues each have an independent nature, I put them together as they are intricately connected.

Though many pastors and church leaders would probably not be willing to admit it, for all intents and purposes, our churches are mostly more concerned with being the compliant servant of the state than they are the obedient servant of God. The way most pastors teach Romans 13 is nothing more than the promotion of idolatry. Christians are taught to obey civil government almost without question. As was the case in Nazi Germany, America’s churches are taught that obedience to the state is obedience to God.

Have you been to a modern church wedding recently? If you have, as the pastor pronounced the bride and groom as husband and wife, you probably heard him say, “As an officer of the laws of the State of (your State) and in the presence of God…I now pronounce you man (or husband) and wife.”

The IRS 501c3 non-profit organization status for churches (instituted in 1954) has turned pastors and church officers into corporate officers of the state–and most pastors and church leaders KNOW it–even if they are unwilling to admit it.

It’s all about preserving the church’s non-profit status so contributors can deduct their offerings on income tax forms and so that the church doesn’t have to pay sales taxes on what they purchase or property taxes on what they own. And whatever pastors and church officers are required by the state to do in order to preserve that non-profit status, they will comply.

This doesn’t require a knock at the door by an IRS agent; it doesn’t require threatening letters or phone calls; it doesn’t require any direct show of force by any government agency against the church. Pastors and church officers INSTINCTIVELY know where the “third rail” is and will avoid it at all costs in order to not jeopardize their non-profit status.

The desire to comply with the IRC (Internal Revenue Code) for churches makes it easy for pastors to teach the Hitlerian version of total submission to civil government.

Statism is NOT patriotism. Neither is it Christian. The Bible is chock-full of examples of resistance to unlawful government. I’m sure many of our pastors and church leaders have never personally studied the issue and are simply regurgitating what they have been taught. I am confident that many of them are truly ignorant of what they are doing, but that doesn’t change what they are doing. Wittingly or unwittingly, they have allowed themselves to become statists: the sheepish servants of the state.

The condition of the American Church today is EXACTLY the same as was the condition of the German and Russian Church during the rise of Adolph Hitler and Joe Stalin. This is why the Church seems totally unconcerned and indifferent to the growing Police State in America today.

*Ignorance of Natural Law and the Law of Nations

God-ordained Natural Law has not been taught from America’s pulpits since the Nineteenth Century. The vast majority of pastors and church leaders in America are totally ignorant of these immutable laws.

The lack of understanding regarding Natural Law has made it virtually impossible for the American Church to truly understand the fundamental principles of good government and liberty. All most Christians know about government is what they hear on FOX News or from Rush Limbaugh. Their pastors almost never broach the subject. And for good reason: most pastors are themselves ignorant on the subject. Therefore, about all they can talk about is “liberal” vs. “conservative,” or Democrat vs. Republican. The divine principles of Natural Law that are supposed to govern nations and man-to-man relationships are foreign to the thinking and understanding of the vast majority of pastors and churches.

The ignorance and misunderstanding of Natural Law by the Church has created the societal and political conditions that now exist in this country.

But there is one more major problem in the American Church. And I believe this problem is the GREATEST problem of all. And, to be honest, it had not dawned on me how pervasive and deep this problem was until last week.

*The Church is Filled With Hate

In my column last week, I used the movie, American Sniper, as a catalyst to point out that the United States has been waging unjust war on countries such as Iraq–and meddling in the internal affairs of countries such as Iraq–for decades. I also pointed out that not all Muslims are terrorists and to condemn all Muslims on the basis of Muslim Jihadists is wrong.

Folks, you can’t believe the firestorm of anger that deluged me. My Facebook page registered over 100,000 views of my comments and precipitated a flood of hate-filled responses. Here is a sample of the more-mild reactions:

“All Christians should be standing against Islam and proclaiming America for the kingdom of Christ. I am not a Muslim sympathizer and I have lost respect for you, Mr. Baldwin. Islam is anti-Christianity. You cannot serve 2 masters.”

By standing against Islam, Cathy means it is right and righteous to go to war against Muslim nations, because they are “anti-Christianity.” So, Cathy, since when is it America’s responsibility to export Christianity over the barrel of a gun? I suppose we should then invade and destroy every Muslim nation in existence, including Saudi Arabia.

Speaking of Saudi Arabia, if we can believe the official story of 9/11 (which I don’t), the Muslim terrorists that perpetrated those attacks were all from Saudi Arabia, NOT Iraq. Why didn’t we invade Saudi Arabia? Iraq had NOTHING to do with 9/11 and everyone on the planet knows it. In truth, Saudi Arabia has done more to fund Islamist terrorists than any other nation in the region. Yet, official American foreign policy regards Saudi Arabia as our friend and ally.

But Saudi Arabia is a Muslim nation, which means they are “anti-Christianity,” so Cathy (and many like her) believes we should go to war with these nations to advance “the kingdom of Christ.” But what about Judaism, Cathy? Judaism is as “anti-Christianity” as Islam. What about Hinduism? What about Buddhism? What about Atheism? Is America supposed to go to war with every nation of the world that has a population of people who are “anti-Christianity”? If so, we should be attacking most of the nations of the world.

And since when can we evangelize the pagan peoples of the world via brute force? When has that ever worked? And what Scripture do you base that theory on? People are won to Christ with the message of God’s amazing grace and love through Christ’s death on the cross. What? Did God commission us to kill and destroy all of the heathen of the world? I thought our commission was to love and win them, not attack and kill them.

But a host of attacks against my comments last week were much more caustic. Here is an example:

“Imam Mohammed Judas Baldwin; My wife and I were listening on line to your 1-25-15 program, I shut the program off when I heard your rant against your Christian brother and sister Pastors. My wife astutely said: ‘Muslim Lover?’ I believe I have figured out your love of all things Islam, and your betrayal of God, Jesus Christ, and Christians. Your God Allah, Your savior Mohammad, and your fellow Muslims. Allah offered you a better deal. Paradise and 72 Virgins. The Virgins, in your case, 50/50 prepubescent boys and girls. Judas Iscariot had the decency to hang himself for his betrayal of my savior Jesus Christ. How about you? You can get Allah and the virgins, sooner, if you do it to day…Shame on you, you Fool.”

The message I delivered last Sunday, and to which Michael was reacting to, was taken from Matthew 5:44, “Love your enemies,” and from Matthew 7:12, “Therefore all things whatsoever ye would that men should do to you, do ye even so to them: for this is the law and the prophets.”

And, yes, Michael, I do love Muslims, Jews, Hindus, Buddhists, Atheists, etc. They are all souls for whom Christ died.

If unbelievers and pagans want to be filled with hate, so be it; but hatred has NO PLACE WHATSOEVER in the heart of a Christian. And after receiving tens of thousands of hate-filled responses regarding my comments last week, it dawned on me that the American Church is largely filled with hate–hatred against the Muslim people.

Ever since 9/11, Christians and conservatives have developed a hatred and animus, not just against Jihadist-Muslims (which, even that is TOTALLY UNACCEPTABLE for a Christian), but against Muslim people everywhere. All Muslims are commonly castigated and vilified just because they are Muslims.

Ladies and gentlemen, it is absolutely NOT TRUE that all Muslims are anti-American, anti-Christian murderers and terrorists. It is NOT TRUE that all Muslims want to enact Sharia Law in the United States. It is NOT TRUE that all Muslims are our enemies.

I wonder how many of these Muslim haters have ever met a Muslim in person. I have. I have met many–both in the United States and in the Middle East. They are NOT all America-haters. They are NOT all trying to kill us. America has had Christian missionaries ministering among Muslim nations for as long as our country has been in existence. And many Christians would be shocked to know that overall the Gospel has received greater acceptance by the Muslim population than by other religions of the region–much more, in fact, than by the Jewish population.

Here is a letter I received from a Christian missionary named Jeff:

“Hi, Chuck! We…want to tell you that we stand 100% with what you said in both your column and to your congregation. We have been missionaries for 40 years, a good ten of those in Muslim countries (Tunisia, Libya, Jordan, Bangladesh, Pakistan, India, Bosnia, and Albania). We have not just met or talked to a Muslim, we have witnessed to them in depth for years. It is SO RARE to hear anyone nowadays saying anything conciliatory towards Muslims, much less positive. I thank you for the things you have said, and am so very sorry for the hateful responses you received in the comments to your column that reveal the dark heart of many Christians in the U.S.”

To be honest, most of the Muslims I have met in the U.S. and in the Middle East demonstrate more kindness, common courtesy, and genuine compassion than many of the so-called Christians I have known.

Let’s be honest: some Muslims are Muslims in name only, much like many Baptists are Baptists in name only, or Catholics are Catholics in name only, or Mormons are Mormons in name only, or Jews are Jews in name only, etc. There are millions of Christians in America’s churches that couldn’t tell you what’s in the Bible to save their lives. They couldn’t quote the Ten Commandments; they couldn’t quote the Golden Rule; they couldn’t name Christ’s apostles; they couldn’t quote five verses of Scripture from memory if their lives depended on it. There are many Muslims in the exact same condition.

Furthermore, not all Muslims, who are devout, take the verses of the Koran that speak of Jihad and killing infidels, etc., to literally mean killing all non-Muslims today. No, not all of them do!

Think of this: how many of us Christians believe that the civil laws and military commands that God gave to the children of Israel through Moses should be literally incorporated into the Church and into the civil laws of America today? Do you believe we should be stoning people to death for adultery, or breaking the Sabbath (So, any Christian nurse or policeman or physician or fireman, etc., who works on Saturday should be stoned to death?), or blasphemy, or for children who curse their parents? Do you? Should we literally destroy entire nations–including men, women, and children today? These things were literally commanded by Jehovah God for the children of Israel under Moses. And, yes, God is God and is righteous and just as much when he condemns as when he forgives. No man sits in judgment of God. His ways are always right and holy. But God is NOT giving direct audible commands to anyone in the U.S. government today–or to anyone in our church pulpits, for that matter.

Many Muslims I’ve met interpret those passages in the Koran like we do those Old Testament Scriptures. Why can Christians interpret our Bible in this manner but Muslims cannot interpret their bible in a similar fashion?

In fact, I know of several Christian pastors and preachers in America who mimic Muslim Jihadists and believe that we SHOULD be implementing the Mosaic Law in our country today. If they had their way, we would be stoning people to death for the sins mentioned above just as they did under Moses. Have you ever witnessed a stoning? It is as equally torturous as beheading–maybe even more so.

Beyond that, these Muslim haters seem to be completely ignorant of the fact that every day there are tens of thousands of Muslims who risk their lives resisting Muslim Jihadists. It was a Muslim village that risked their lives against the Taliban to save the American fighting man that was depicted in the movie, Lone Survivor. Why don’t we recognize this reality? It’s because hatred and bigotry against the Muslim people have blinded us.

Plus, the dirty truth that most Americans, including most Christians, seem unwilling to accept is that most of the conflict between the United States and the Muslim nations of the Middle East has been created by our own federal government.

I speak regularly with retired Special Forces military personnel who share with me the way our own CIA and State Department have bullied, lied to, intimidated, and betrayed our Muslim friends in the Middle East. They have seen it up close and personal. This has been going on for decades. In fact, our federal government has tortured hundreds of people in the Middle East in some of the most vile ways possible. The only difference is, they don’t broadcast it over television.

I recently asked a retired Green Beret, “How much of the conflict between the U.S. and Middle Eastern states would stop if Washington, D.C., would simply stop meddling in the internal affairs of those countries?” This Green Beret served in the the Middle East for years; he was a Special Ops soldier. He saw the surreptitious and covert things that our government routinely does–things the public doesn’t see. His answer to me was, “100%.”

Our own federal government put the Taliban in power, put Al Qaeda in power, and put ISIS in power. Our federal government often uses war and conflict to cover up its own murderous activity or to kill the very people that they formerly gave arms to, supported, befriended, etc. Whether one wants to believe it or not, most of the conflict in the Middle East has been caused by our own government. We are our own worst enemy. How convenient that we make Muslim people everywhere the straw man to divert attention away from the real criminals.

Yes, the American Church has a BIG problem: much of it is filled with HATE. To be sure, Christians are instructed to hate “evil,” but nowhere are we instructed to hate people–any people. Yet, the hatred of Muslims by Christians in America appears to be epidemic.

Hatred is a cancer. Hatred, bitterness, resentment, bigotry, etc., kill the soul. When Jesus instructed us to love our enemies, it was NOT for our enemies’ sake; it was for OUR sake. How can God bless a hate-filled Church when He commands us to love our enemies? How can He bless warmongers when he tells us that it is peacemakers who are blessed?

When America MUST defend itself against any enemy, regardless of nationality, race, ethnicity, religion, etc., we are obligated to do so. In the Twentieth Century, we fought hot wars against Christians from Germany and Italy, against Shintoists from Japan, against atheists from North Korea, and against Buddhists, Taoists, and Confucianists from Vietnam. But there is a huge difference between defending oneself against an enemy that poses and imminent threat and fomenting hatred against an entire people for the crimes of a few.

How can Christians claim to love God and believe in winning lost souls to Christ be so consumed with hatred against an entire people–most of whom have done NOTHING to harm them? Yes, I realize there are some who call themselves Christians who hate other people besides Muslims. Some hate everyone who is a Jew; some hate everyone who is a minority; some hate everyone who is victimized by an aberrant sexual lifestyle, etc. Hatred has been with us since the dawn of human history. But in my entire lifetime, I have never witnessed anything like I am witnessing now: the pervasive, widespread, almost universal hatred of the Muslim people–by Christians.

As I said, hatred destroys the soul. And I fear that hatred is destroying the soul of the Church.

Whose fault is it that mosques are being built in America? Many of the buildings being used for these new mosques are abandoned CHURCH buildings. The darkness of false religion will always fill the vacuum that is left when truth departs. And the fact is, Christianity is dying in the United States. No, it’s not dead; but it’s dying. There are tens of thousands of empty abandoned churches all over America. More and more Americans are turning their backs on the Church. What difference does it make which form of darkness invades the land? The problem is that the true light (the Church) is failing. What do you expect will happen?

What difference does it make whether the darkness takes the form of Islam, or Buddhism, or Shintoism, or Judaism, or Atheism, or Communism, or any other “ism?” The problem is not the presence of darkness; the problem is the absence of light.

The Church has lost its light and its love. Christ is doing what He said He would do to those who lose their love: He is removing the candlestick.

The American Church has focused on being “successful” instead of being righteous; it has capitulated to the lordship of the state; it fears the IRS more than it fears God; it has stopped preaching the “hard” messages of the Bible; it is popularity-driven, entertainment-driven, and comfort-driven; it has abandoned the fundamental principles of Natural Law and liberty; it has replaced genuine patriotism with statism; and it has used Romans 13 as justification for idolatry.

A quote from Charles Caleb Colton (1820) is in order here: “Men will wrangle for religion; write for it; fight for it; die for it; anything but–live for it.”

The Muslim people are NOT our problem; the problem is the American Church. It needs to start living its religion.


Chuck Baldwin is a regular columnist for Veracity Voice

You can reach him at: chuck@chuckbaldwinlive.com
Please visit Chuck’s web site at: http://www.chuckbaldwinlive.com

The Swiss Will Not Have More EU QE

January 21, 2015 by · Leave a Comment 

In the ridiculous charade that passes for the foreign exchange currency markets, the ease upon which a 39% spike in the Swiss Franc to the EU has most financial journalist puzzled. A flagship of establishment journalism like the Washington Post provides a quaint explanation in Why Switzerland’s currency is going historically crazy. The Swiss intend to keep their exchange rate at 1.2 Swiss francs per euro caused unsustainable negative competiveness in Swiss exports to EU customers. How many times have you heard that same old song? Corporatist media consistently spins a yarn that suppressing one’s own currency is good for business.

Rely on viewpoints from reliable sources like The Economic Collapse. Their insight should be obvious to anyone with an ounce of common sense left. “The euro is falling apart, and the Swiss did not want to be married to it any longer.  Unfortunately, when any marriage ends the pain can be enormous.”

Peter Schiff, who is a major precious metal dealer, is getting a boost in this latest development. The article Switzerland Surrenders the Currency War, but America Still Racing to the Bottom published in the Libertarian and Austrian Economic site, Lewrockwell.com provides an expected response.

“The Swiss are going to be able to get a better deal on all the products that they import from Europe and from other countries, so they won’t have to export as much to pay for their imports. So that’s positive for the Swiss. I would be worried about the Europeans who are now going to have to spend more money to buy Swiss products. They’re the ones that hurt, as are Americans. Swiss products are now going to be more expensive for Americans, but American products… are going to be cheaper for the Swiss. So the Swiss win because they have a stronger currency, and Europeans and Americans lose because we have a weaker currency… “

These conclusions are so basic and correct that when mainline economists preach their financial orthodoxy, the idiocy of the “Free Trade” hoax screams out for a sense of monetary sanity.

Not to spoil the cheers for the Swiss, an important component must be factored in. When the Swiss Voters Reject Initiative on Central-Bank Gold, the hard money advocates expressed great disappointment.

“Swiss voters overwhelmingly rejected an initiative on Sunday that would have forced the country’s central bank to hold one-fifth of its assets in gold, a move that would have eroded its ability to conduct monetary policy.

Critics of the initiative feared that the SNB’s commitment to the cap would have been challenged because the central bank would have been forced to buy gold every time it intervened in the currency market.”

This result seems to reinforce that the gnomes of central banking were once again in control of their gold hoards and refused to share any of its value with the holders of the Swiss Franc.

So how can one account, after rejecting the plebiscite on adopting making the Swiss Franc as a real hard money value currency that the exchange rates raise so sharply?

Fundamentals and measures that favor and protect the wealth of a national currency are not applied as standards, when central Banksters play the money float game. In order to understand why the Swiss Franc surged, one must examine the sickness within the EU and the extreme pressure on the EURO coming from desperate measures to keep the single European currency afloat.

The panic begins as the ECB Stimulation: The Trap Closes. Last week the EU Court of Justice advocate general ruled that the central bank could purchase sovereign debt.

“It referred to an existing ECB program called Outright Monetary Transactions — which isn’t quite QE but which does involve purchases of government bonds. The court won’t rule for another four to six months, but it’s likely to follow the advocate general’s guidance. That’s good enough for Draghi to act now.

Many in Europe, especially in Germany, remain opposed. They see QE as a ruse by which the richer members of the currency bloc will end up paying for the fiscal misadventures of their neighbors.”

Let the race begin and only the quickest will be left sitting tight, when the music stops playing. It seems that Steen Jakobsen writing in Endgame for central bankers agrees.

“Many central banks will envy the SNB (Swiss National Bank) for its move last week, as it at least tries to regain some control of its future, but the conclusion remains: central banks have as a group lost credibility and when the ECB starts QE this week the beginning of the end for central banks is completed. They are running out of time – that’s the real real bottom line: the SNB ran out of time, the ECB runs out of time this week, and the Fed, Bank of Japan and the Bank of England ran out of time in 2014.

What comes now is a new reality – the SNB move was true paradigm shift – we can no longer look at central banks, the markets and extend-and-pretend in the same light as we did last Wednesday (the day before the SNB pounced).”

Now for the kicker . . . When a solid financial adviser acknowledges in their financial letter, like Chris Hunter, Editor-in-Chief, Bonner & Partners – Did the Swiss Just Burst the “Central Bank Bubble”?, that the crown prince of collectivist economics condemns the Swiss; you know they were correct in ditching their peg ratio to the EURO.

“We usually don’t see eye to eye with economist Paul Krugman. But he’s hit the nail on the head about the “Swiss shock.” From his New York Times column: “The SNB’s wimp-out will make life harder for monetary policy in other countries, because it will leave markets skeptical about whether other supposed commitments to keep up unconventional policy will similarly prove time-limited.”

How evil those Swiss must be to actually defend their currency and their own wealth. As the EU implodes, the smart money will sit out the coming grand depression, provided by your friendly central banks, in the charm of the Swiss Alps.


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

Sartre is a regular columnist for Veracity Voice

Bowling, Bread and Economics

January 18, 2015 by · Leave a Comment 

Sir Flinders Petrie discovered bowling artifacts in an Egyptian tome dating the game to 3200 B. C. in the 1930s. The game was being played in Germany in 300 A. D. and popular in England in 1366 A. D.
English, Dutch and German settlers brought their own variations of the game to America. Washington Irving’s Rip Van Winkle awakens to the sound of “crashing ninepins.” in 1819.

Arguably, the first permanent American bowling place, for lawn bowling, was in New York’s Battery area, now in the heart of the financial district. The small plot is still called Bowling Green.

But ten pin bowling did not take off as a major sport in America until the 1950s, following the introduction of the first rubber ball, the “Evertrue” in 1905 and Gottfried Schmidt’s automatic pinspotter. Owners of bowling establishments were no longer dependent on “pinboys.”

Playing a game cost 25 cents. Renting bowling shoes was a dime. The rate of inflation on the cost of bowling from 1955 to 2014 has been 781.2%.

The subject came up during the hour and 15 minutes I waited for a City Taxi Cab to arrive at Perry’s Automotive the other day. On the wall was an article from the Star Beacon chronicling the first 300 game of 1974 played by Fred Fish at Lake Shore Lanes. Fred works at Perry’s. Fred said he no longer bowls because of the cost, remembering the four games for a dollar he paid in 1974.

According to the cumulative rate of inflation if Lake Shore’s management had raised their prices along with other costs of living the price for those four games would be $4.79, with a rate of inflation of 379.0%. Lake Shore on occasion offers all you can bowl coupons for $10.

Fred gave up bowling.

America went off the gold standard in 1913 with the establishment of the Federal Reserve, whose stated goal was to provide stable prices. In 1913 a loaf of bread cost about a nickle. Today it costs about $1.45.
In 1776 when Thomas Jefferson bought a loaf of bread it cost the same as it did when J. P. Morgan bought a loaf a century later, about a nickle. The price had not changed. The value of the dollar increased 11% from 1776 to 1912, 136 years.

So, where did the money for bowling go? When you find out tell Fred.


Melinda Pillsbury-Foster will soon begin her new weekly radio program on Surviving Meltdown. The program examines how government can be brought into alignment with the spiritual goal of decentralizing power and localizing control and links also to America Goes Home americagoeshome.org, a site dedicated to providing information and resources.

She is also the author of GREED: The NeoConning of America and A Tour of Old Yosemite. The former is a novel about the lives of the NeoCons with a strong autobiographical component. The latter is a non-fiction book about her father and grandfather.

Her blog is at: http://howtheneoconsstolefreedom.blogspot.com/ She is the founder of the Arthur C. Pillsbury Foundation. She is the mother of five children and three grandchildren.

Melinda Pillsbury-Foster is a regular columnist for Veracity Voice

Will Freedom Survive 2015?

January 18, 2015 by · 4 Comments 

Something as precious and valuable as a nation’s freedom is not lost in a day–or even in a year. There is no single event that turns citizens into slaves. Oppression and tyranny are always long in the planning–and even longer in the making. Granted, there could be a single chain of events that results in a people’s enslavement: Lenin’s Bolshevik Revolution in 1917 Russia, Mao Zedong’s Communist Revolution in 1949 China, for example. But these events did not take place spontaneously or in a vacuum. Conditions for these enslavements had been ripening for years. Old barns don’t collapse without years–even decades–of mitigating factors (very obvious and noticeable factors). Neither do nations.

They say that we begin to die as soon as we are born. And in a philosophical meandering sort of way, I suppose that’s true. And if that maxim is true for individuals, it’s also true for nations. For example, the tyrant and betrayer of the U.S. Constitution and Bill of Rights, Abraham Lincoln, planted the seeds for the globalist Woodrow Wilson, who planted the seeds for the socialist Franklin D. Roosevelt, who planted the seeds for the corrupt Lyndon Baines Johnson, who planted the seeds for the narcissist Bill Clinton, who planted the seeds for Mr. Police State, George W. Bush, who planted the seeds for the Marxist Barack Obama. And all along the way there were Supreme Court justices, congressmen and senators, international bankers, and most of all very lethargic and lazy pastors, who facilitated and abetted the diabolical and duplicitous deeds of the aforementioned presidents.

In a very real and practical way, the American republic was birthed as a strong and healthy body amidst the blood of the patriots in 1775 and ‘76. Suffice it to say, the free republic of our forefathers is a very weak and diseased body today.

The malady that eventually takes the life out of a sick and diseased man may not have, by itself, been deadly, but coupled with years of preceding sicknesses, it is the one that is listed on the death certificate by the coroner as the cause of death. Such is also the case with a nation.

The numerous ostriches that are so quick to dismiss every national warning as being just another Chicken Little false alarm continue to dismiss any new attempt to awaken a distracted people with what should be obvious to anyone who can see. In truth, the vast majority of Americans are behaving exactly as did the very rich and pompous passengers on board the Titanic. As the stewards were rushing room to room and cabin to cabin warning passengers that the ship was sinking, they continued to frolic and dance, completely deaf and indifferent to the cries of the porters.

On the whole, the American people have ignored the warnings of freedom’s faithful stewards such as Barry Goldwater, Pat Buchanan, and Ron Paul. For the most part, the criers of liberty on the Internet and in talk radio are also ignored.

There are several reasons why so few seem to even see the water rushing up the floors of the ship of state. For one thing, too many of our men have abdicated their manhood. In the glorious history of liberty, when one would observe men with painted faces, they were marching into battle. Today, they are marching into football stadiums. Sports are more than a pastime; they are an addiction. Today’s American men are so beset by sports and pornography that they can barely see the reality that is staring them in the face.

A lying, deceitful, and deliberately conspiratorial national news media is also a major contributor to the collapse of the American republic. No doubt about it! Nazi Germany’s Joseph Goebbels had NOTHING on the propaganda machinery of the American mainstream news media. Put our public (and many private) education system on the list, as well. Yes, the entertainment pimps, who have sold their souls to lust and perniciousness and who love to corrupt the morals of young people, should also be on the list. And, last but not least, a very passive, indifferent, feel-good, corporate Church might possibly be the worst offender of all.

As we enter into 2015, all of the above are already eating the flesh away from Lady Liberty. The condition is near-terminal. Even worse is the recent prognosis of what can only be regarded as the final stage for this morally and politically cancerous-ridden body: the Police State.

Just recently, Ron Paul wrote, “If Americans were honest with themselves they would acknowledge that the Republic is no more. We now live in a police state.”

See Dr. Paul’s excellent column here:

Inner City Turmoil And Other Crises: My Predictions For 2015

Ron is right! “We NOW [emphasis added] live in a police state.” We are not HEADED for a Police State; we are IN a Police State.

Perhaps not surprisingly, people who escaped totalitarian regimes in other countries and fled to America are the ones who more readily recognize the rise of totalitarianism here in the U.S. than those of us who were blessed to be born here.

Realizing the ostriches will bury their heads in the sand after reading what I’m about to say, I’ll say it again, anyway: the problem is NOT drugs; the problem is the WAR on drugs. The problem is NOT Muslim countries; the problem is an interventionist foreign policy which has waged WAR on Muslim countries for decades. The problem is NOT poverty; the problem is the WAR on poverty. The problem is NOT terror; the problem is the WAR on terror; the problem is NOT racism; the problem is the WAR on racism. The problem is NOT political correctness; the problem is the WAR against political incorrectness. The problem is NOT America’s Christian heritage; the problem is the WAR against America’s Christian heritage. The problem is NOT free speech; the problem is the WAR against free speech. The problem is NOT the U.S. Constitution and Bill of Rights; the problem is the WAR against the U.S. Constitution and the Bill of Rights. The problem is NOT firearms in the hands of law-abiding citizens; the problem is the WAR against the Second Amendment. The problem is NOT that people hate us because we are free; the problem is they hate us because we make WAR against their freedom when it doesn’t comport with the globalists in Washington, D.C., New York, and London.

A Police State is the practical result of everything mentioned in the paragraph above. And a Police State is the final stage of a nation that is losing its liberty.

And in case someone is forwarding this column to a friend or relative who is still in the dark that, yes, America is ALREADY living under a Police State, I invite them to keep an eye on the Police State page on my website for continuing examples of that reality. See it here:

Emerging Police State

But I warn you: be prepared to spend a lot of time getting current, because the facts and realities that America is already a Police State are multitudinous.

The only remaining question is when will the PTB (Powers That Be) decide to collapse the curtain? Will it be 2015?

We are being set up BIG TIME for another faux-9/11 event: Ferguson; the Paris attacks; ISIS; Senator Dianne Feinstein talking about terror cells already being in the states; Senator Lindsey Graham’s fear-mongering; Senator John McCain’s fear-mongering; the media’s ubiquitous assault against the Second Amendment; the Supreme Court’s continuous rubber stamping of domestic spying; an arrogant White House that illegally acts with impunity against the liberties of the American people; a cowardly and complicit Republican Party that works to protect the big-business interests of Wall Street more than the liberties of the people on Main Street; ad infinitum.

No, I suppose there is one last question: will the American people ever wake up? And, of course, the even greater question is, will the Church ever wake up?

Folks, when the Police State is fully functioning, there is no place to go except into submission or revolution. But revolution without righteousness is no solution at all. Rightly did Patrick Henry call it, “the holy cause of Liberty.” Without an understanding of the undergirding Natural Law principles of liberty, without an understanding of the rightness and justness of liberty, without a moral and reasoned conviction in the hearts and minds of men regarding liberty as the divine will of our Creator, no revolution could be blessed of Heaven. And that’s where the pastors and churches come in; and that’s where the pastors and churches are failing–and failing MISERABLY.

Will freedom survive 2015? There have been a myriad of contributing factors to America’s demise extending over a long period of time, but a Police State is the last and final stage of a diseased and dying nation. We are in that stage NOW. And America’s pastors are the only antidote.

This is no game, folks. If you believe in liberty for our country and for your children, you must get out of these corporate churches that are dancing with the devil and letting the forces of hell obliterate our liberties. If your pastor isn’t preaching the Biblical Natural Law principles of liberty, find one who will.

Let me ask it this way: will freedom survive 2015 if it depended on the pastor of the church that you now attend? If the answer is “No,” why are you still there?


Chuck Baldwin is a regular columnist for Veracity Voice

You can reach him at: chuck@chuckbaldwinlive.com
Please visit Chuck’s web site at: http://www.chuckbaldwinlive.com

Are You Mad Yet?

December 21, 2014 by · 4 Comments 

In the poem, “The Masque of Pandora,” Henry Wadsworth Longfellow has Prometheus saying, “Whom the gods would destroy, they first make mad.” Accordingly, the would-be gods in the GOP leadership in Washington, D.C., must have rank-and-file Republicans slated for destruction, because they are MAD–and for good reason.

In an open letter, long-time Republican activist, Mike Scruggs, wrote, “I have been a Republican County Chairman in both North Carolina and Alabama. I have served countless hard-working hours as a volunteer for Republican candidates.  I am therefore deeply grieved that the Republican Party leadership in both the U.S. House of Representatives and the U.S. Senate has seen fit to betray the principles and values of a substantial majority of Republican voters, and the majority of the American people. This last week witnessed both the House and Senate passing budget bills that essentially gave Obama’s unlawful amnesty for five million illegal immigrant workers an effective pass.

“The majorities that passed this essentially special interest budget may not be bothered by conscience, but American workers and taxpayers will suffer, lawlessness will abound, and public safety and national security undermined.  Our liberty and freedoms are being traded for gold in the form of huge special interest political campaign donations.

“What kind of party leadership do we have, when they refuse to defend the Constitution, and thus allow President Obama to get away with an unlawful amnesty for at least five million illegal immigrant workers?  

What kind of party leadership do we have, when they ignore the pain of over 18 million Americans who want a full time job and cannot find one? Yet GOP leaders continue to favor big business special interests that profit by flooding the labor market with foreign cheap labor, both legal and illegal. The wages of American workers have been stagnant for nearly 15 years, held down by an excess supply of foreign labor. The GOP leadership message to American workers is that the Republican Party is not concerned with them. Their message to grassroots conservatives is the same. The users of cheap foreign labor profit $437 billion a year, mostly at the expense of American workers–$402 billion annually, nearly $2,800 per year each for 147 million workers.

“According to the Heritage Foundation, the average unlawful immigrant household receives $14,387 more in government services and benefits paid than taxes paid. This will almost double with amnesty, because of more benefits. This is essentially a taxpayer subsidy to businesses using illegal immigrant labor. How long will we put up with this outrage for the benefit of big political donors. What kind of GOP leadership wants more of these injustices to American workers and taxpayers?

“Speaker of the House John Boehner did not give a pass to Obama’s amnesty and plans to double legal immigrant workers because he feared being blamed for a government shutdown. He wants amnesty so that establishment Republicans can continue to receive huge donations from the U.S. Chamber of Commerce and other cheap labor lobbying associations.”

Hear! Hear, Mike!

In addition, the Tea Party Patriots released a summary of the “Cromnibus” Bill just passed. It states:

{{*The bill fully funds President Obama’s illegal executive amnesty;

*The bill contains $1.1 trillion dollars in spending;

*The bill gives every federal employee a raise. That means that even the IRS employees who colluded to target tea party conservatives will receive a raise;

*The bill contains numerous crony deals, built-in bailouts, and payoffs to Wall Street, and large corporations;

*The bill continues to fund Obamacare.

|Tea Party Patriots Press Release

}}

Just as I predicted in this column, the Republican Party in Washington, D.C., has not only done NOTHING to stop Obamacare and Amnesty, it has SOLIDIFIED both into law via legislative action.

In the House of Representatives, only seventeen Republican congressmen were needed to keep the bill from going to the floor for a vote. Guess how many voted “Nay”? SIXTEEN! Had only one more Republican voted “Nay”, the bill would have been dead.

Here is the list of your sixteen Republican heroes who voted “Nay,” in the U.S. House:

Reps. Justin Amash (Mich.), Michele Bachmann (Minn.), Dave Brat (Va.), Mo Brooks (Ala.), Paul Broun (Ga.), Louie Gohmert (Texas), Paul Gosar (Ariz.), Tim Huelskamp (Kan.), Walter Jones (N.C.), Jim Jordan (Ohio), Steve King (Iowa), Raúl Labrador (Idaho), Thomas Massie (Ky.), Bill Posey (Fla.), Matt Salmon (Ariz.) and Steve Stockman (Texas).

See The Hill report here:

High Drama As $1.1T Spending Package Advances By One Vote

No, my fellow Montanans, our illustrious “conservative” House member (and now U.S. Senator-elect), Steve Daines, is not on the list. He voted “Yea” to bring the bill to the floor for a vote and then voted “Nay” on final passage. Typical political flip-flopping to pass big-government spending bills while claiming to oppose them. GAG!

Had Steve Daines voted “Nay” on the first vote, the bill would have never made it to final passage. The excuse he (and the rest of the Republican congressmen who voted for the bill) will use is that they didn’t want to risk a government “shutdown.” Horse Manure! Everyone on the planet knew this bill would fund Obamacare and Amnesty. House leaders could have taken the funding for Obamacare, and especially Amnesty, out of the bill before bringing it to members for a vote had they wanted to. But the truth is, John Boehner and the rest of the GOP leadership want Amnesty as much as Barack Obama and Harry Reid do. And congressmen like Steve Daines want to stay in the good graces of establishment leaders AND their conservative constituents back home. Hence, he played the Potomac Shuffle and voted FOR the bill when his vote could have killed it, then voted AGAINST the bill when he knew his “Nay” vote meant nothing.

No matter what you hear, folks, the ONLY Republican House members who truly voted AGAINST the Obamacare/Amnesty funding bill are the sixteen champions listed above.

ARE YOU MAD YET?

When will the U.S. electorate awaken to the fact that we do not have two parties in Washington, D.C.? And when will conservative Republicans awaken to the fact that their party in D.C. does NOT represent them–and has no intentions of representing them?

At the leadership level, both Democrats and Republicans represent big-money, globalist agendas. Neither party cares a hoot in hades about their constituents–much less liberty and constitutional government.

The toll that amnesty is going to take upon this republic will be horrific. No, more than that, it will forever change the future of our country. And it won’t take long.

Yes, I’m talking about the financial burden that will be placed on the backs of taxpayers at every level of government. I’m talking about escalating crime rates. I’m talking about federally-mandated expulsion of America’s historic Christian culture. I’m talking about rising unemployment for American citizens–especially African Americans. I’m talking about an exponential growth in the numbers of people who are increasingly dependent upon the government for subsistence. In fact, all of the above is ALREADY taking place at a rapid rate.

That African Americans will be among the hardest hit by the invasion of illegals is the dirty little secret that Democrat Party leaders are NOT telling their constituents. As the percentage of Hispanics mushrooms–due to Washington, D.C.’s amnesty provisions–the percentage of African Americans will shrink just as fast. Most experts agree that by 2040, Hispanics will be the majority race in this country. Thanks to the legalization of illegal immigration facilitated by both Democrats and Republicans in D.C., this is now inevitable. It may happen sooner.

But there is one more toll that the acceptance of illegal immigration will exact on this country: the breakup of the Continental United States. This is the toll hardly anyone wants to think about, much less talk about. But, it, too, is inevitable.

Virtually everyone south of the border (and in most American university classrooms) believes that the southwestern United States rightfully belongs to Mexico. Accordingly, the animosity and hatred against America runs very, very deep. If anyone truly believes that the influx of untold millions of Hispanics will NOT eventually lead to attempted secession, they are living in a dream world.

Can one imagine what will happen in the border states of California, Arizona, New Mexico, and Texas, when the Hispanic population outnumbers all others by significant percentages? For that matter, all of the southern states, including states as far north as Tennessee, are going to be in the crosshairs of La Raza-type “Reconquista.” For example, the State of Tennessee already is one of the southern states that is a favorite landing place for illegals. Just imagine how amnesty will affect states such as Tennessee, Louisiana, Alabama, and Florida?

Count on it: “The-Southern-United-States-Belongs-To-Us” crowd will demand and implement some sort of secession as quickly as possible. I have been saying for years that some sort of secession within the United States is inevitable.  The far-left hate group, the SPLC, and other big-government control freaks, love to claim that it is “right-wing Christian extremists” who are the ones pushing for secession. But, in the end, it will doubtless be the third-world recipients of U.S. amnesty that will be the catalyst.

One does not have to think real far off to imagine what would happen to the rest of the Continental United States should an Hispanic secession movement take shape in earnest. According to recent surveys, nearly one-fourth of the U.S. citizenry already think favorably of secession.

See this report:

Poll: Nearly 1 In 4 Americans Would Favor Secession

And this report summarizes secession sentiments by regions:

These Are The Regions Where Americans Are Most Likely To Favor Secession

In any kind of breakup, big-government toadies in Washington, D.C., (from BOTH major parties) would doubtless attempt to suspend the Constitution and Bill of Rights (especially the Second Amendment) in much the same way Abraham Lincoln did during the War Between the States. And, for the life of me, I cannot imagine the Rocky Mountain States (for one region) submitting to such tyranny. Let your own imagination run wild from there.

Do Big-Government toadies such as John Boehner and Harry Reid envision a Hispanic secession movement as the result of amnesty? Probably not. I doubt seriously they have that much foresight. Reid and his fellow Democrats are thinking about votes, while Boehner and his fellow Chamber of Commerce Republicans are thinking about cheap labor. And, of course, all of them are thinking about pleasing their big-money masters. However, that blanket amnesty will eventually lead to a Hispanic secession movement is inevitable. Mark my words: it is inevitable. Whether those of us over fifty live to see it is irrelevant; it is inevitable.

Remember the words of Prometheus, “Whom the gods would destroy, they first make mad.” ARE YOU MAD YET?

Instead of waiting for an ugly Hispanic-driven secession movement, liberty-lovers within the GOP should get mad enough NOW and secede from the Republican Party, and join the millions of independents who got mad and left years ago. Even GOP-apologist Mark Levin said recently he is “inches” away from leaving the GOP.

The two-party duopoly is strangling the life and liberty out of America. If this latest betrayal by Republicans is not enough to make freedom-loving Americans realize that the “gods” in D.C., are targeting them for destruction, I doubt anything will.

SO, ARE YOU MAD YET?


Chuck Baldwin is a regular columnist for Veracity Voice

You can reach him at: chuck@chuckbaldwinlive.com
Please visit Chuck’s web site at: http://www.chuckbaldwinlive.com

Grateful That I’m Not A Wealthy Widow In Chicago (and not a Ukrainian or Syrian either)

December 14, 2014 by · Leave a Comment 

Author’s note:  I haven’t had much to be grateful for this past Thanksgiving because I spent that time recovering from an operation that involved re-breaking my arm, realigning the bones in my left hand and having nine pins, a bone graft and a titanium plate installed.  Ouch!  So now I’m all busy trying to make up for lost time and dreaming up things to be thankful for.  Here are a couple of items I’ve come up with (besides my wonderful family of course).

To paraphrase that song by Kermit the Frog, “It’s not easy being old.” There just aren’t that many perks involved.  Your teeth fall out.  Your joints freeze up.  Say goodbye to your sex life, no matter what they claim about Viagra.  Plus no one ever invites you to parties any more and you can no longer Twerk.

However, having enough money to make yourself comfortable in your old age can surely help alleviate all those various aches and pains associated with old age — unless of course you are an elderly widow living in Chicago and have 100K or more in your savings account.  Because if that is you, then getting old is really really gonna to suck eggs.

“But, Jane,” you might ask, “why is that?”  Let me tell you.

You’ve heard of ambulance-chasing lawyers before, right?  Well, in Chicago they also have rich-widow-chasing lawyers.  These heartless scoundrels actually go out and scour through various tax and real estate records until they find clues to locating financially-solvent yet vulnerable senior citizens, preferably rich widows.  And then they move in for the kill.

The first thing they do is have their target victims declared incompetent — which is not all that hard to do when you have Chicago’s probate courts helping you out.  Then they get themselves appointed Guardian ad Litems for these vulnerable wealthy elders.  And then the fun part begins.

“First they pop these poor souls into rest homes where they are warehoused, starved, fed tranquilizers and ignored,” said one family member whose mother had been victimized in Chicago.  “Then they sell their victim’s home, empty her bank accounts and pocket the profits — calling all these ill-begotten gains their ‘fees’ for services rendered.  And then, when the victim has no more money left, they then throw her unceremoniously out of the rest home and onto the cold streets of Chicago — that is, if she is still alive.”

But there is hope.  Some relatives of the victims and other conscientious local attorneys are starting to fight back.  For instance, Joanne Denison, an honest Chicago attorney with a conscience, stumbled onto this racket about three years ago by accident and tried to do something to stop these malfesiants.  “So what did she do?” you might ask.  Denison started a blog.  That’s all she did.  She started a blog to try to expose some of these worst practices and blow the whistle on said legal vultures.

According to Denison’s blog, “40% of all psychotropic drugs are sold to nursing homes as illegal chemical restraints, and no one ever seems to do anything about it, even though they are deadly dangerous to most elders and the FDA says they are contra-indicated or not recommended for those under 20 or over 60.”

“So what happened to attorney Denison as a result?” you might ask next.  What do you think happened to her?  This is Chicago — not Utopia.  Her attorney’s license has just been suspended for three years.

Now we all know that Rush Limbaugh and Fox News can tell any lie that they want over public airwaves and/or on the internet and get away with it, right?  But if you ever dare to tell the truth and expose corruption in Chicago, you had better watch out.

And if you are a wealthy widow in Chicago, you had better really watch out!

So during this week after Thanksgiving I’m gonna be super-grateful for a lot of things — and one of those things is going to be that I’m not a widow, am not wealthy and don’t live in Chicago!

“What else are you going to be grateful for?” might be your next question.

“That I don’t live in Ukraine or Syria or any other foreign country that the US or NATO or BIBI has its eyes on.”  If there’s just one take-away that I’ve learned after enduring all this pain in my left arm, it’s that injuries to our bodies can really really hurt, really hurt a lot.  And that a human body will probably hurt even a hecka lot more if you are hit by a NATO smart-bomb in Ukraine or if an American-made cruise missile lands on you in Gaza or if you get gang-raped by American-funded ISIS in Syria — and have no pain-killers or hospitals or doctors to help you out like I did.

Do I think that the rich widows of Chicago have it bad?  Yeah.  But this sad injustice is almost minimal compared to having the vultures of Wall Street and War Street eying your assets and trying to steal them by torturing, raping and blowing up yourself and your kids.

At least the rich widows of Chicago don’t have to worry about getting hit with NATO smart bombs or having their heads chopped off!

Not really sure why I’m worried about getting old.  It’s probably not gonna happen to any of us anyway — at least not while the deep-state neo-cons who now control America, Israel and NATO are all so bound and determined to try to pick a fight with Russia, China and Iran (one that they truly can’t win).

And if all this current saber-rattling foolishness doesn’t kill us all off in a mass wave of war-induced grim reaping, then don’t forget that climate-change-run-a-muck will be sending us off to the happy hunting ground soon too.

Have the oligarchs of DC and NATO and BIBI totally lost their minds — or do they just have a death wish for peons like you and me?  Either way, these malfesiants now hold all the power and the rest of us are all screwed.

But here is the good news.

Perhaps facing WW III and/or the coming climate apocalypse might end up being a good thing.  “But how?”  Because now we’re all going to have an air-tight excuse to run down to the mall, max out our credit cards and buy all kinds of new gear to wear to the show.  https://hughw.net/h2o/texas-water-well-level-movie.html  How’s that for positive thinking!

And here’s another positive thought.  Extinction of the entire human race will surely mean that we won’t have to worry about who is gonna pay for our funeral — because there will be no one left alive to attend it!  Sorry, guys, but there won’t be any “handsome corpses” on display at the local funeral chapel any more.  Rats.  I was really looking forward to that.

I am so freaking bored from sitting around doing nothing while waiting for my arm to heal that I actually checked Thomas Piketty’s new book, “Capital in the Twenty-First Century,” out from the library.  If I’m going to be bored, I might as well be really bored.

“The main driver of inequality today [which appears to be wanky pseudo-capitalism run amuck] threatens to generate extreme inequalities that stir discontent and undermine democratic values,” sez the dust jacket.  Just one more reason why I won’t have to worry about paying for my own funeral — I won’t be able to afford it.  And neither will you.

“But if you’re so bored, then why don’t you just go see the film ‘Interstellar’ instead,” suggested one of my kids.  Good idea.  Now I can go watch our planet die on the big screen instead of having to wait to watch it die in real life.  http://www.theguardian.com/money/2014/sep/21/-sp-thomas-piketty-bestseller-why


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

Let Them Eat Sight-Words

November 21, 2014 by · Leave a Comment 

Marie Antoinette, on hearing that French peasants had no bread to eat, suggested, “Let them eat cake.”

This quip perfectly captured the cruel indifference which many people attributed to the French monarchy. A few years later, she was punished for her hauteur: execution by guillotine.

The famous quote was probably never uttered. Real or not, it’s a handy symbol for an arrogant elite, indifferent to the suffering of the people.

When you read in the newspaper that the US has 50 million functional illiterates, the disdainful queen should flash into your mind.

During the 1920’s, the American population was moving toward universal literacy. By 1940’s, that success was a thing of the past. More than 1,000,000 young men could not read well enough to enter the military. What happened?

Circa 1931, the Education Establishment enforced a new instructional method called Look-say, and later known as Whole Word, Sight-Words, Dolch Words, and many other aliases.

This method (no surprise to teachers of phonics) has been a painful catastrophe. Theory says that children can memorize 25,000, 50,000, or even 100,000 English words as graphic designs. Oh, really?? Most people can’t reach 1,000, and that requires a major struggle over many years.

It’s striking that so-called literacy professionals, in the face of manifest failure, pushed this dubious gimmick for so long. Clearly, they are well barricaded in ivory towers. “Eh bien, paysans, mangez les sight-words!”

It’s also remarkable that the public (in many countries) has put up with this flop. Part of the reason is that once people know how to read, they have little sympathy or understanding for people who can’t read. It’s hard to empathize with the struggle of a first-grader trying to memorize sight-words. But I want to ask you to try.

Conjure up a list of objects you’re comfortable with. For example, vintage cars, Hollywood stars, paintings, famous dates in history, telephone numbers of people you have known, or currency symbols. Suppose you have to learn to recognize 100 of them with instantaneous response. (Anything less is not reading speed.) Then imagine you have to move up from 100 to 300, then to 500, then to 1,000. You’ll start to empathize with the struggle these children go through as they try to memorize hundreds of sight-words.

The brain has to match the design on the paper with a design stored in the memory. The problem with the human brain is that you can look at a picture of a person you know very well, let’s say Marlon Brando, and go blank for several seconds. You might know 50 things about him, you see him in your mind, but you can’t bring up his name. That in a nutshell is why sight-words create low levels of literacy.

Hardly mentioned in this bogus reading theory is the huge additional difficulty created by needing to deal with lower case, UPPER CASE, script, and hundreds of fancy type faces. Having memorized “then,” would you even recognize “THEN”? Hardly one stroke is the same.

Furthermore, graphic designs can be read in any direction, for example, right to left or top to bottom. Once this omni-directional scanning of words starts to happen, the mind becomes disoriented. Sight-words almost invariably lead to different kinds of dyslexia. Victims talk about words turning backwards or drifting off the page. Reading of English must be a steady left-to-right process, otherwise a sort of vertigo creeps in. (The US is said to have 1,000,000 dyslexics.)

But you don’t need to know any of this detail. You just need to look at the reading statistics. Last year the media casually announced that only one-third of American fourth graders, and one-third of eighth graders, could read at what was called a “proficient” level. Which means that TWO-THIRDS of the nation’s children are illiterate in one way or another. Why weren’t the media, and everyone else, screaming? Shouldn’t the Marie Antoinettes responsible for this weird kind of child abuse be put in jail?

To keep sight-words in play, the Education Establishment has devised a gaudy profusion of airy claims and excuses. We are told that some children simply aren’t ready to read. Some children are said to have different styles of learning from whatever the class used. Some are ADHD and need Ritalin. Some are wired wrong at birth. On and on. If you could look at a list of the jargon and alibis that the literacy experts concocted, you would know they came ready for failure.

I found, over a period of several years, that every time I reexamined sight-words, I saw a new way of explaining to myself why this thing is a massive con. I would write another article. Months later I would get a whole new insight. Point is, Whole Word is slippery. You can’t keep a Ponzi scheme in play for 70 years, and dumb down millions, unless you’ve got a slick sophistry.

Here’s the whole nonsense. The claim is that children can memorize a huge vocabulary of word-designs. Not true. The few kids with photographic memories might pull it off. The rest are forever semi-literate. QED: Whole Word has the same chance of turning average children into fluent readers as alchemy has of turning lead into gold.

The latest jargon seems to be shifting from “Balanced Literacy” to “high-frequency words.” All the same three-card monte. Here’s what a first-grade teacher actually wrote for publication. “High-frequency words are hard for my students to remember because they tend to be abstract. They can’t use a picture clue to figure out the word ‘with’….Once they recognize ‘the,’ they can predict with amazing accuracy what the next word will be.” Just as when the page says “the xxxx,” experienced readers immediately know what “xxxx” is! The idea that kids should “predict” anything is absurd. The notion that readers use pictures to “figure out” words is just nuts. This poor befuddled teacher is a victim of the professors of education. Her students will also be victims of the same Marie Antoinettes.

I think that being taught to read should be viewed as a basic civil right. Tens of millions of children have been deprived of this right. Reading is the one essential skill. That’s why illiteracy is killing American (and Canadian) education. We need to take Sight-Words entirely out of the schools.

In the meantime, parents should focus on early literacy. When the children are three or four, teach them the alphabet, the sounds, the blends, and so on. These kids will be protected against the craziness that many schools insist on perpetuating.

CODA: I’m hopeful that a quiet rebellion will form around the banner Early Literacy At Home. For more on this important topic, see my “54: Preemptive Reading” on Improve-Education.org.


Bruce Deitrick Price is an author, artist, poet, and education activist. He founded Improve-Education.org in 2005.

Bruce Deitrick Price is a regular columnist for Veracity Voice

Matt Taibbi On JPMorgan Chase’s Worst Nightmare

November 12, 2014 by · Leave a Comment 

The attention that Taibbi is receiving for the Rolling Stone essay, The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare, may push forward a serious debate on the systemic corruption that is common knowledge among informed observers of the financial structure. Zero Hedge can always be depended upon to incisively sum up the issue.

“In reality, there is nothing surprising in Matt Taibbi’s latest piece since returning to Rolling Stone from the Intercept, as it tells a story everyone is by now is all too familiar with: a former bank employee (in this case Alayne Fleischmann) who was a worker in a bank’s (in this case JPM) mortgage operations group, where she observed and engaged in what she describes as “massive criminal securities fraud” and who was fired after trying to bring the attention of those above her to said “criminal” activity.

The story doesn’t end there, and as Carmen Segarra already showed, when she revealed that Goldman runs the NY Fed, once Alayne was let go and tried to “whistleblow” on the house of Jimon from the outside, she found the that US Department of Justice headed by Eric Holder is just as, if not more, corrupt, and in his desperate attempt to prevent discovery and bring JPM et al to justice, he would stretch the statue of limitations on frauds committed during the crisis long enough to where nobody had any legal recourse any more, up to and including the US taxpayer.”

Well, that is a sober and tragic assessment. Even more heartbreaking is the statement made by Ms. Fleischmann as reported in Straight Line Logic.

“And now, with Holder about to leave office and his Justice Department reportedly wrapping up its final settlements, the state is effectively putting the finishing touches on what will amount to a sweeping, industrywide effort to bury the facts of a whole generation of Wall Street corruption. “I could be sued into bankruptcy,” she says. “I could lose my license to practice law. I could lose everything. But if we don’t start speaking up, then this really is all we’re going to get: the biggest financial cover-up in history.”

The only coherent response that regular citizens can exert, when dealing with the mega financial houses, is to avoid entanglements whenever possible. What good is it to establish accounts, whether as loans, savings or investments, when the rules of survival are stacked against main street customers?

Firms like JP Morgan or Goldman are not terrified by fines because they are protected by the “To Big To Fail” culture. Bailouts are a way of life and infusion of easy money into the liquidity flow of balance sheets employ the most creative accounting techniques to cover up accurate net worth.

The threat of principals actually doing jail time is so remote that the probability is far greater that the next Secretary of the Treasury will come from their ranks.

This plight produces a true dilemma of confidence. In this environment only brave souls dare become a whistleblower. Public support for such individuals like Fleischmann and Segarra is faint because neither are public persons, readily recognized by most people. This lack of notoriety as individuals is far less important than the criminal activity both are documenting.

However, in a media driven and social networking society, the personality of celebrity far out paces the substance of the offenses. Matt Taibbi’s star persona, deserved or manufactured, illustrates that getting attention through the clutter and noise of the sound bites is possible. For an unknown person, getting your 15 minutes of fame requires even more creative strategies, to expose the basic purpose in the news revelations.

The dying main stream presstitutes will not confront the intrinsic nature of the abuses because their own financial futures depend upon Wall Street support. Yet, struggling Middle America foolishly rely upon their reporting and advice in most financial matters.

JPMorgan Chase’s Worst Nightmare fundamentally is the unwinding of the derivative debt black hole of their making. The essential risk of a collapse and implosion of the financial manipulated markets only grows because no effort or willingness exists to purge the system of crooked companies, practices or individuals. The culture of corruption survives because the pattern of exposing and demanding justice is so brutally punished.

How can meaningful accountability come from internal reform, when the price of disclosure is the end of your professional endeavors and even your livelihood?

Arguments, data and evidence of generational embedded fraud have been made by some of the most intuitive minds on finance and economics. Nonetheless, the degeneracy accelerates. The wolves of Wall Street target their prey when they lobby regulators to allow for more exotic financial products that are designed to fleece the public and place the entire monitory system in greater jeopardy.

Activists rally during elections cycles to pressure the establishment. The Occupy Wall Street movement, misguided on potential solutions, did muster awareness with media exposure. However, most taxpayers do not exert sufficient outrage about the selling out of their financial security.

Stopping “massive criminal securities fraud” is a true national security requirement. Internet revelations can only expose the latest schemes. As stated in the essay, Repeal of Glass-Steagall and the Too Big To Fail Culture, is a major reason for the current unsustainable breakdown in trust and lack of liability consequences for financial institutions.

Take the opportunity of the Alayne Fleischmann disclosures to demand that your newly elected representatives exert the courage to advance a national debate on a major overhaul of the ground rules for Wall Street.

While the prospects are slim that any constructive and critical legislation will come out of the new Congress, public indignation needs to grow and intensify. The battle for economic viability and perseverance of capital is being lost for ordinary citizens. An angry constituency is necessary to confront the outrageous abuses that pass as normal conduct. The sacrifices of Alayne Fleischmann and Carmen Segarra need not be in vain. Mobilize for action; boycott the big banks and security fraudsters.


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

Sartre is a regular columnist for Veracity Voice

Bethel Church’s “Apostle” Bill Johnson: A Comedy of Errors, Part 2

November 11, 2014 by · Leave a Comment 

Before I report on Apostle Bill’s endeavor to involve his followers in his “grave sucking,” undertaking, I must tell you a brief story that involves an angel, a gift, and slaying a dragon.

May 2005

Wednesday night at half past 11, I was in bed reading when a white lightning bolt struck the floor and out stepped a dazzling creature with wings the length of a 747.  “Do not fear!” he said when he saw the alarmed expression on my face. “I am the angel Archibald!”  My husband was sacked out next to me with a pillow over his head so he announced in a quiet voice, “I have come with a message from the Lord of hosts.”

A flood of feathers floated around the room so I covered my nose and mouth with both hands.  But it was too late.  “Ah-choo!”

God bless you!” said the angel.

Now I was certain that he was the Lord’s messenger.  I tapped my husband on the back and whispered, “Wake up.”  Dead to the world.  A poke in the ribs and, “Honey…you gotta see this.”

A muffled voice groaned, “Whuuut?”

“We have a visitor.”

The pillow came off his head and he sat bolt upright in bed.  Seconds later he spotted Archibald hovering in the corner.  “Holy cow!” he exclaimed.

“Cow?” said the angel, seeming a bit cross.  “Hardly!”  His eyes shifted from my stunned husband and settled on me.  In a strong clear voice he stated matter-of-factly: “The Spirit of God has bestowed upon you a new gift.  Forthwith you will become a blogger.”

He eyed me quizzically, waiting for my response.  When none was forthcoming, he said firmly, “You are to use your new gift to expose ravenous wolves that have slipped into the sheep pen under the cover of darkness.  These wolves are teaching doctrines of demons…”

I didn’t have to ask what he meant by doctrines of demons.  He had to be alluding to Word of Faith…New Apostolic Reformation…Purpose Driven…Emergent…Social Justice…New Age…New Thought and other false teaching that had made its way into churches and seminaries while our shepherds snoozed.  “I’ve tried telling people about false teaching, I said to myself, “but what I say goes in one ear and out the other.”

I heard the angel say: “There are counterfeits who call themselves new apostles and prophets.  These men and women are giving Him (he glanced up at the ceiling) a bad name. Expose them as false teachers!”  His wings ceased fluttering and he became as still as a stone.  “Are you ready to serve the King?

“Are you kidding me?”  I exclaimed in disbelief.  “First of all, I’m not gifted to write – or at least I wasn’t, until now.”  I searched for excuses.  “And…and I got a B in English by the skin of my teeth—“

The angel cut me off sharply.  “Certainly you do not think this is news to Him (he glanced up at the ceiling).”

True.  God knows all things, including my grades in college.  Perhaps He wanted to get me out of my comfort zone.  Writing a blog would definitely accomplish that.   One last try: “But…um… I’m nobody!  No one will listen to a word I say.”

Some will listen,” Archibald assured me.  “And others will fall for lies. It is always that way with humans.”

I turned to my husband and said, “Tell him no one will take me seriously.”

My husband came out of his stupor and said in a serious tone, “God uses nobodies all the time.  But there’s a catch.  You’ve got to be willing.”  He looked me straight in the eye. “Are you?”

Am I willing, I wondered?   I needed but a moment to ponder his question.  Yes, I guess I am, I said to myself.  I’m more than willing.  Suddenly I felt as if I could go out and slay a dragon.  “OK, I’ll do it!” I glanced over at my husband.  “The two of us can do it together.”

We high-fived and he said with a grin, “We make a good team.”

I gave Archibald a thumbs up.  “We’re in.”

Poof!  The angel disappeared, feathers and all.

—–

The next morning I found a large silver feather on the floor where Archibald had appeared to us.  He had left his calling card.

Bentley’s Angels

In part one I covered New Apostolic Reformation’s rock-star evangelist Todd Bentley and the shame he brought on the Name of our Lord and how “Super Apostles” Bill Johnson and Rick Joyner restored him to ministry despite his obvious character flaws. There were exaggerated healings and dangerous “healing” practices that included assaulting the sick with leg drops, high kicks and head punches which he claimed the Lord told him to do to people who came to him for help.  Moreover, Bentley drank excessively, committed adultery and soon thereafter left his wife and children and married the adulteress. There’s a whole lot more to report on the fraud evangelist, but space does not allow.  So – why bring him up again?  Because he says angels visit him.  It’s not uncommon for people who are into “signs and wonders” strange manifestations, and other esoteric experiences to boast of angel visitations.  Two angels who supposedly come to Bentley are Emma-O and the Winds of Change.  Winds is supposedly “a high-ranking angel over all the ones assigned to healing, breakthrough and revival unto harvest.”

To the best of my knowledge Todd Bentley has never met the Angel Archibald.  But I have.  Or have I?

Do you see the problem? I made up a story and so can you.  Anyone with a vivid imagination can make up a story about angel visitations, trips to heaven, and whatnot.   But there’s no way to validate all the wild claims people make.  Sadly, NAR leaders pitch their stories to gullible sheeple who want desperately to believe that their heroes would never lie to them. This might explain why “Super Apostle” Rick Joyner’s followers hang on his every word as he looks straight into a video camera and testifies that he’s been to heaven.  During one of his many visits he claims the Lord handed him the key to eternal joy.  Watch the video he made and you’ll see that I’m not making this up.  In it Apostle Rick crows that he’s had a number of encounters with Elijah, and he knows many others who’ve had Elijah encounters too!  He’s quick to point out that it’s not necromancy (communicating with the dead) because Elijah was taken up to heaven without dying.  At 9:20 minutes you’ll learn how he met Enoch.

But this is not about Rick Joyner’s spiritual gift of pulling the wool over the sheep’s eyes.  So I’ll move on.

Grave Sucking

It’s hard to imagine anything more ludicrous than “grave sucking” yet Apostle Bill endorses this macabre practice.  Grave sucking aka “mantle grabbing” occurs when the Holy Spirit draws powers from the bones of a deceased person who, while alive, was allegedly Spirit empowered.  Since God’s mission for the dead is thwarted when he dies, the Spirit passes on his powers to individuals who visit their graves.

According to Victory Ministries, Apostle Bill led a group to John Lake’s grave where the following ensued:

He was looking for Lake’s anointing to heal the sick by a supernatural power. The people seeking this new paranormal anointing prostrated themselves upon Lake’s grave weeping, worshipping and expecting that Lake’s ministry power would strike them and his spirit would infuse them with a sign and wonders ministry like he had when he was alive.  Thus, a new preternatural cult was formed that day that is now referred to as “grave sucking.”

 Mr. Johnson testified about this bazaar act of desecration and necromancy (the practice of attempting to communicate with the spirits of the dead in order to predict or influence the future) that he and his group committed on Sid Roth’s radio show, “It’s Supernatural”

Johnson spun a weird mystical/Occult experience tale to Sid Roth about meeting the Late John Lake’s angel in the building where Lake had previously ministered in his healing rooms. He testified that two ladies went to a back room and they met a giant angel there that healed one of the women. They called Johnson and when he came into the room, he claimed there was an angel about 10 feet tall. Sid asked him, did you see the angel? Johnson replied “No, but I knew he was there and the angel said to me, ‘What took you so long, I’ve been here for 80 years!’” (Source)

It should surprise no one that Bill Johnson claims that he had a tête-à-tête with an angel.

What does the Bible say about playing around in the spirit realm?:

Let no one disqualify you, insisting on asceticism and worship of angels, going on in detail about visions, puffed up without reason by his sensuous mind, and not holding fast to the Head, from whom the whole body, nourished and knit together through its joints and ligaments, grows with a growth that is from God.  (Colossians 2:18-19)

Bethel School Of Sorcery

Apostle Bill runs the Bethel School of Supernatural Ministry  in Redding CA.  According to its website:

(BSSM) is committed to the truth that God loves people, gave Himself for them and has given His Church supernatural power to bring individuals and nations into wholeness. The mission of BSSM is to equip and deploy revivalists who passionately pursue world-wide transformation in their God-given spheres of influence. Students are trained to continue in the ministry style of Jesus: to enjoy the presence of God, say what He is saying, and do what He is doing. (emphasis added)

Basically, BSSM trains people to heal the sick and raise the dead.  This raises the question: why do these folks not bring dead people back to life in America, Canada and western European countries?  Why only in the developing countries?  If the dearly departed are coming out of their graves in the developed countries, the media would surely report on it.

Insanity

The Redding Spotlight describes one man’s experience at Bethel Church (BC):

After a strange experience with an erratic Bethel School of Supernatural Ministry student who baby-sat his children, Bart McCurdy of Cottonwood decided to find out for himself what was going on at Bethel.

McCurdy said he attended a Friday night service at the church, during which he saw people painting on stage, dancing and flailing around on the ground. He found their worship music unconventional when one line of the same song was played for at least 11 minutes, he said.

McCurdy said the repetitive music, dancing, painting and excessive stimuli serve to get people worked up into an emotional frenzy where they’re expecting to see miraculous things.

“They come looking for that feel-good feeling, that high, for supposed miracles, supposed signs and wonders, speaking in tongues, gold dust, diamonds, feathers[floating down from the ceiling]. … It seems like they’re just ready for it,” he said.

Once, as she ran through her house frantically searching for her journals, the baby sitter told McCurdy the anti-Christ was in her house and Jesus was in hell saving people, he said. Shortly after that, she went into a trancelike state and said she felt 20 feet tall before losing consciousness…. The behavior made him believe she was demon-possessed, he said.

McCurdy said he regularly downloads podcasts of Bethel messages and hasn’t heard the Christian gospel message taught at Bethel. …

Then what gospel does Apostle Bill preach if not the gospel of Christ taught in the Bible?  He teaches the Word of Faith/prosperity gospel (WoF) that saves no one.  What is the true gospel message?

For by grace you have been saved through faith. And this is not your own doing; it is the gift of God, not a result of works, so that no one may boast. (Eph 2:8-9)

See also 1 Cor. 15:1-8

Despite the fact that Apostle Bill teaches a false gospel he’s hugely popular with many professing Christians.  His book sales are in the millions.  He’s become so popular that a large number of churches around the globe are affiliated with BC.  This speaks volumes as to the current state of evangelicalism.  Sadly, a growing number of believers have zero discernment, thus they accept every “wind of doctrine.”  Translation: Every sort of false teaching that blows their way.

A Challenge

Christians have been warned that charismania, as some call it, represents a danger to millions of people around the globe, especially to LIEs (low information evangelicals) and the unsaved.  Because of self-professed apostles and prophets such as C. Peter Wagner, Rick Joyner (mentioned in part one), Bill Johnson and a slew of others, we’ve seen an unbridled abuse of the Holy Spirit.  After reading this series, I challenge you to do your own research (links below).  Before starting, pray that God will reveal truth to you.  What you’ll discover is that WoF/NAR teaching isn’t remotely close to historic orthodox Christianity — and it certainly isn’t the Christianity for which the martyrs shed their blood!  Flee from it!

Part 1

Resources:

Strange Fire Conference Q&A—Phil Johnson interviews John MacArthur

The New Age Propensities of Bethel Church’s Bill Johnson–By John Lanagan

  1. Peter Wagner launches WLI Seattle, Sonrise Chapel, Feb. 3, 2008–Around 54:00 minutes into the session, Wagner responds during the Q&A. He tells the audience that when the Holy Spirit stopped revealing things through the written Word, He kept on revealing new things to us through the “Rhema Word.” He claims that the Holy Spirit still speaks to us today by giving us information that you cannot find in the 66 books of the Bible; info that the Bible doesn’t address, but it’s not contradictory.

NAR “Apostle C. Peter Wagner teaching its key doctrine of Dominionism

Todd Friel of Wretched Radio/TV on Bill Johnson — 2:14 min.

Why I Must Speak Out Against the NAR and Bethel Church—Tony Miano, host of Cross Encounters radio, discusses, among other things, the music of BC’s music team Jesus Culture (more below). Listen to Tony tell of his Twitter chat with Beni Johnson, Bill’s pastorette wife.

Bill Johnson…scroll down—Apologetics Index

All About Angels—On Solid Rock resources

New Apostolic Reformation/Dominionism –On Solid Rock Resources

Bethel Church’s Music & Entertainment:

Jesus Culture of Bethel Church and Practicing Raising the Dead—Ken Silva

The Holy Spirit Makes A Movie?  I Don’t Think So…—Amy Spreeman

The “Jesus Culture” – a petri dish for growing young new heretics?

Watch And Weep:

Try this Bethel Redding Snack Pack—My Word Like Fire

Gold dust rains at Bethel service

Bethel Church Dance

Bethel Church children’s director and “trips to heaven, with kids”

Creative Miracles at Bethel

Bethel Church Dance

Kundalini Spirit at Redding

School of Worship – Prophetic Song

Helpful Scripture:

Matthew 7:13-16,

Acts 20:25-31,

Eph 4:14,

1 Thess. 5:21-22 


Marsha West is a regular columnist for Veracity Voice

She can be reached at: embrigade@aol.com

When ‘Change’ Delivers More of The Same

November 8, 2014 by · 4 Comments 

‘Wag the Dog’ is an expression which denotes, “to purposely divert attention from what would otherwise be of greater importance, to something else of lesser significance. By doing so, the lesser-significant event is catapulted into the limelight, drowning proper attention to what was originally the more important issue.”

Now, the Dog has been Wagged. Feel better? If you were voting for someone with an R beside their name you probably feel good. If you went for the big D, you are sad. No matter. The present trajectory is not going to change unless or until we take control of our own lives and our own communities.

What you just witnessed was a cast change of no real significance. One team of professional liars ‘D,’ is just giving liars team ‘R’ their turn. This is intended to distract us so we remain passive where it matters, here, where we live.

I understand why it happens. When we are hungry for hope, any hope, elections are very seductive. The fiery speeches and promises make things seem possible. But in the end nothing changes except the names of the rascals who are taking and spending your money and transferring more of your personal life to their direct control. Solving problems in our own community, ourselves, recedes into the distance again.

Several months ago I interviewed the candidate for Ohio’s 14th Congressional District. A classical Conservative was running. He answered every question asked just as President William Howard Taft or Senator Barry Goldwater would have done. He loved Barry’s line on gays in the military. “You don’t have to be straight to shoot straight.” He and Barry shared the same view on abortion, too, and on preserving the environment.

You had a chance to vote for him last Tuesday. No, it was not the Libertarian. The candidate was Michael Wager. He sounded shocked when I told him.

William Howard Taft, the president who went down to defeat in 1912, would have stopped the FED, nixed the IRS and made sure the Hetch Hetchy was not converted into a water supply for San Francisco. His views were known. He was a Conservative.

Oh. And the pledge of allegiance was written by a socialist whose goal was to stop the study of our founding documents in schools.

Direct governance by the people was the original form of government intended by our founders. We still need it.


Melinda Pillsbury-Foster will soon begin her new weekly radio program on Surviving Meltdown. The program examines how government can be brought into alignment with the spiritual goal of decentralizing power and localizing control and links also to America Goes Home americagoeshome.org, a site dedicated to providing information and resources.

She is also the author of GREED: The NeoConning of America and A Tour of Old Yosemite. The former is a novel about the lives of the NeoCons with a strong autobiographical component. The latter is a non-fiction book about her father and grandfather.

Her blog is at: http://howtheneoconsstolefreedom.blogspot.com/ She is the founder of the Arthur C. Pillsbury Foundation. She is the mother of five children and three grandchildren.

Melinda Pillsbury-Foster is a regular columnist for Veracity Voice

Subprime Loans And Auto Sales: Debt On Wheels

November 8, 2014 by · Leave a Comment 

“It’s not the underlying economics that’s driving things, it’s central bank liquidity.”

— Matt King, Citigroup

Soaring auto sales are not so much a sign of a strong economy as they are an indication of financial hanky-panky. We saw this same type of fakery play out in housing between 2004 – 2006, when prices went through the roof due to a mortgage-lending scam (“subprime”) that crashed the stock market and sent the economy reeling. Now the bigtime money guys are at it again, writing up auto loans for anyone who can sit upright in a chair and scribble an “X” on the dotted line. As a result, car sales have surged to over 16 million for the last 6 months. (A full 7 million more than the low point in January, 2009.)   And it’s not hard to see why either. The finance gurus are packaging these sketchy subprimes into bonds, offloading them on eager investors, and recycling the profits into more crappy loans. It’s a perfect circle and it won’t end until the loans start blowing up, jittery investors head for the exits,  and Uncle Sugar rides to the rescue with more bailouts.

But we’re getting ahead of ourselves.  First take a look at these charts by House of Debt which shows the disparity between auto spending and other types of spending since the end of the slump in 2009.

House of Debt:  “New auto purchases have driven the consumer spending recovery to a large degree. The chart below shows the spending recovery for new auto sales and for all other retail spending…

From 2009 to 2013, spending on new autos increased by 40% in nominal terms. All other spending increased by only 20%. Further, excluding autos, 2013 saw lower growth in nominal retail spending than 2012…

The concern is that a lot of auto purchases are being fueled with debt, given a strong recovery in the auto loan market. Below is the net flow of auto loans from 2002 to 2013. It is a net flow because it includes pay downs in addition to new originations. As it shows, auto lending in 2012 and 2013 tops any other year during the previous expansion from 2002 to 2007 (although it is still below the amount of new auto loans in 2000 and 2001).


(“Another Debt-Fueled Spending Spree?” House of Debt) 

How about that? So there’s a bigger debt bubble in auto loans today than there was before the bust. But why? Is it because demand is strong,  jobs are plentiful, wages are rising, the economy is growing, and people are optimistic about the future?

Heck, no. It’s because rates are low, credit is easy, and dealers are ready to put anyone with a license and a heartbeat into a brand-spanking new car no questions asked.  Here are the details from an article in the New York Times titled “In a Subprime Bubble for Used Cars, Borrowers Pay Sky-High Rates” by Jessica Silver-Greenberg and Michael Corkery:

”Auto loans to people with tarnished credit have risen more than 130 percent in the five years since the immediate aftermath of the financial crisis, with roughly one in four new auto loans last year going to borrowers considered subprime — people with credit scores at or below 640.

The explosive growth is being driven by some of the same dynamics that were at work in subprime mortgages. A wave of money is pouring into subprime autos, as the high rates and steady profits of the loans attract investors. Just as Wall Street stoked the boom in mortgages, some of the nation’s biggest banks and private equity firms are feeding the growth in subprime auto loans by investing in lenders and making money available for loans.

And, like subprime mortgages before the financial crisis, many subprime auto loans are bundled into complex bonds and sold as securities by banks to insurance companies, mutual funds and public pension funds — a process that creates ever-greater demand for loans.

The New York Times examined more than 100 bankruptcy court cases, dozens of civil lawsuits against lenders and hundreds of loan documents and found that subprime auto loans can come with interest rates that can exceed 23 percent. The loans were typically at least twice the size of the value of the used cars purchased, including dozens of battered vehicles with mechanical defects hidden from borrowers. Such loans can thrust already vulnerable borrowers further into debt, even propelling some into bankruptcy, according to the court records, as well as interviews with borrowers and lawyers in 19 states.

In another echo of the mortgage boom, The Times investigation also found dozens of loans that included incorrect information about borrowers’ income and employment, leading people who had lost their jobs, were in bankruptcy or were living on Social Security to qualify for loans that they could never afford.” (“In a Subprime Bubble for Used Cars, Borrowers Pay Sky-High Rates”, New York Times)

Can you believe that this kind of chicanery is going on in broad daylight without the regulators stepping in? Think about it for a minute: If the NYT’s journalists can find “dozens of loans that included incorrect information about borrowers’ income and employment”, then why can’t the government regulators? It’s ridiculous. What we’re talking about here is a new version of “liar’s loans” where dealers are helping people who don’t have the means to repay the debt, to fudge the details on their loan application so they can drive off in a shiny new Impala.

Haven’t we seen this movie before?

Here’s more from USA Today: “In the first quarter of 2014, 24.9% of all new-car loans were 73 to 84 months long. Four years ago, less than 10% of loans were that long. In fact, such lengthy terms have pulled the average new-car loan to 66 months. That’s an all-time record.”

7 years to pay off a car?  You got to be kidding me? It’s like a second mortgage. And there’s more, too. The average monthly payment and average amount financed hit record highs in the first quarter too. This is from Auto News:

“The average monthly new-vehicle payment was $474 in the first quarter, up 3.3 percent from a year ago. The average monthly used-vehicle payment was $352, up 1.1 percent, Experian Automotive said.

Also in the first quarter, the average amount financed on a new-vehicle loan was $27,612, an increase of $964, or 3.6 percent. For used vehicles, the average amount financed was $17,927, up $395 or 2.3 percent.”

(“Auto loan terms, monthly payments hit high in Q1, Experian says“, Auto News)

So Americans are not just loading on more debt, they’re also assuming that they’re financial situation is going to be stable enough to make these large payments well into the future.  Good luck with that.

It’s also worth noting that, in many transactions, dealers are actually lending more than the value of the vehicle. According to Reuters David Henry,

“The average loan-to-value on new cars rose to 110.6 percent… On used cars it rose to 133.2 percent…

Auto lenders often provide loans that exceed the value of cars they are financing because borrowers want cash to pay sales taxes and fees.”

(“U.S. car buyers borrow more as rates fall and standards loosen“, David Henry, Reuters)

Let me see if I got this straight: You walk onto a car lot without a dime in your pocket, and drive off in a brand new car with everything paid for upfront? Such a deal! Can you see why we think that the sales numbers are a big fake?  This isn’t the sign of a strong economy. It’s the sign of another gigantic credit bubble rip-off. But what do the dealers get out of this thing? Is it really worth their while to botch the underwriting when they know that eventually they’ll have to repossess the vehicle? Sure, it is, because there’s big money in stuffing people into loans they can’t afford.

Here’s how the Times explains it: ”Auto loans to borrowers considered subprime, those with credit scores at or below 640, have spiked in the last five years. The jump has been driven in large part by the demand among investors for securities backed by the loans, which offer high returns at a time of low interest rates. Roughly 25 percent of all new auto loans made last year were subprime, and the volume of subprime auto loans reached more than $145 billion in the first three months of this year.”

Bingo. So not only do they make dough on the high interest rates they charge their subprime borrowers, (Sometimes 23 percent or more.) they also make it by selling the loan to investors who are eager to buy any manner of crappy bond provided it offers a better return than US Treasuries. This is the mess Bernanke created by fixing interest rates at zero for nearly 6 years.  Zirp (zero interest rate policy) unavoidably leads to excessive risk taking by yield-crazed speculators.    The voracious appetite for subprime securities (ABS–Asset-Backed Securities) has even surprised the bond issuers who are constantly beating the bushes looking for sketchier products.  This is from the same article by the NY Times:

“Investors, seeking a higher return when interest rates are low, recently flocked to buy a bond issue from Prestige Financial Services of Utah. Orders to invest in the $390 million debt deal were four times greater than the amount of available securities.

What is backing many of these securities? Auto loans made to people who have been in bankruptcy.

An affiliate of the Larry H. Miller Group of Companies, Prestige specializes in making the loans to people in bankruptcy, packaging them into securities and then selling them to investors.

“It’s been a hot space,” Richard L. Hyde, the firm’s chief operating officer, said during an interview in March. Investors are betting on risky borrowers. The average interest rate on loans bundled into Prestige’s latest offering, for example, is 18.6 percent, up slightly from a similar offering rolled out a year earlier…. To meet that rising demand, Wall Street snatches up more and more loans to package into the complex investments.” (NYT)

HA! Now there’s a good way to feather the old retirement fund; load up on bonds made up of loans to people who’ve gone bust.

This is the impact that zero rates have on investor behavior. The abundance of cheap and plentiful liquidity invariably leads to trouble. And there are victims in this Central Bank-authored gold rush too, namely the unsophisticated borrowers who pay prohibitively high rates on beater vehicles that are typically worth less-than-half the value of the loan. (Check the NYT article for examples.)

The Times also notes that the ratings agencies have been playing along with the finance companies just as they did during the subprime mortgage fiasco. Here’s more from the Times:

“Rating agencies, which assess the quality of the bonds, are helping fuel the boom. They are giving many of these securities top ratings, which clears the way for major investors, from pension funds to employee retirement accounts, to buy the bonds. In March, for example, Standard & Poor’s blessed most of Prestige’s bond with a triple-A rating. Slices of a similar bond that Prestige sold last year also fetched the highest rating from S.&P. A large slice of that bond is held in mutual funds managed by BlackRock, one of the world’s largest money managers.” (NYT)

Ask yourself this, dear reader: How are the ratings agencies able to give “many of these securities top ratings”, when the investigators from the Times found “dozens of loans that included incorrect information about borrowers’ income and employment, leading people who had lost their jobs, were in bankruptcy or were living on Social Security to qualify for loans that they could never afford”?

Let’s face it: The regulatory changes in Dodd-Frank haven’t done a damn thing to protect the victims of these dodgy subprime schemes. Borrowers and investors are both getting gouged by a system that only protects the interests of the perpetrators. The sad fact is that nothing has changed. The system is just as corrupt as it was when Lehman went down.

So, how long can this go on before the market implodes?

According to the Times:

“financial firms are beginning to see signs of strain. In the first three months of this year, banks had to write off as entirely uncollectable an average of $8,541 of each delinquent auto loan, up about 15 percent from a year earlier, according to Experian…

In another sign of trouble ahead, repossessions, while still relatively low, increased nearly 78 percent to an estimated 388,000 cars in the first three months of the year from the same period a year earlier, according to the latest data provided by Experian. The number of borrowers who are more than 60 days late on their car payments also jumped in 22 states during that period….” (NYT)

(According to Amber Nelson at loan.com: “In the second quarter, the value of all auto loans late by 60 days or more was more than $4 billion, up 27 percent from the prior year, according to Experian.”)

So, yeah, the trouble is mounting, but that doesn’t mean that this madness won’t continue for some time to come. It probably will. It’ll probably drag-on until the economy turns south and more borrowers start falling behind on their payments. That will lead to more defaults, heavier losses on auto bonds, and a hasty race to the exits by investors. Isn’t that how the subprime mortgage scam played out?

Indeed. But at least there are signs of hope on the regulatory front. Check out this clip from an article at CNBC:

“In August, both Santander Consumer and General Motors Financial Co. acknowledged receiving Justice Department subpoenas in connection with a probe over possible violations of civil-fraud laws. And the Consumer Financial Protection Bureau and the Securities and Exchange Commission have both stepped up their scrutiny of the auto-loan market.” (“New debt crisis fear: Subprime auto loans“, CNBC)

So the SEC, the DOJ, and the CFPB are actually investigating the underwriting practices of these behemoth finance companies to see if they violated “civil fraud laws”?

Will wonders never cease?

Just don’t hold your breath waiting for convictions.


Mike Whitney is a regular columnist for Veracity Voice

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

Risky Business “Easy Money”

November 1, 2014 by · Leave a Comment 

Here we go again.

Last week, the country’s biggest mortgage lenders scored a couple of key victories that will allow them to ease lending standards, crank out more toxic assets, and inflate another housing bubble.  Here’s what’s going on.

On Monday,  the head of the Federal Housing Finance Agency (FHFA), Mel Watt, announced that Fannie and Freddie would slash the minimum down-payment requirement on mortgages from 5 percent to 3 percent while making loans more available to people with spotty credit. If this all sounds hauntingly familiar, it should. It was less than 7 years ago that shoddy lending practices blew up the financial system precipitating the deepest slump since the Great Depression. Now Watt wants to repeat that catastrophe by pumping up another credit bubble. Here’s the story from the Washington Post:

“When it comes to taking out a mortgage, two factors can stand in the way: the price of the mortgage,…and the borrower’s credit profile.”

On Monday, the head of the agency that oversees the mortgage giants Fannie Mae and Freddie Mac outlined … how he plans to make it easier for borrowers on both fronts. Mel Watt, director of the Federal Housing Finance Agency, did not give exact timing on the initiatives. But most of them are designed to encourage the industry to extend mortgages to a broader swath of borrowers.

Here’s what Watt said about his plans in a speech at the Mortgage Bankers Association annual convention in Las Vegas:

Saving enough money for a downpayment is often cited as the toughest hurdle for first-time buyers in particular. Watt said that Fannie and Freddie are working to develop “sensible and responsible” guidelines that will allow them to buy mortgages with down payments as low as 3 percent, instead of the 5 percent minimum that both institutions currently require.”

Does Watt really want to “encourage the industry to extend mortgages to a broader swath of borrowers” or is this just another scam to enrich bankers at the expense of the public?  It might be worth noting at this point that Watt’s political history casts doubt on his real objectives.   According to Open Secrets, among the Top 20 contributors to Watt’s 2009-2010 campaign were Goldman Sachs, Bank of America, Citigroup Inc., Bank of New York Mellon, American bankers Association, US Bancorp, and The National Association of Realtors. (“Top 20 Contributors, 2009-2010“, Open Secrets)

Man oh man,  this guy’s got all of Wall Street rooting for him. Why is that, I wonder? Is it because he’s faithfully executing his office and defending the public’s interests or is it because he’s a reliable stooge who brings home the bacon for fatcat bankers and their brood?

This is such a farce, isn’t it? I mean, c’mon, do you really think that the big banks make political contributions out of the kindness of their heart or because they want something in return?  And do you really think that a guy who is supported by Goldman Sachs has your “best interests” in mind?  Don’t make me laugh.

The reason that Obama picked Watt was because he knew he could be trusted to do whatever Wall Street wanted, and that’s precisely what he’s doing. Smaller down payments and looser underwriting are just the beginning; teaser rates, balloon payments, and liars loans are bound to follow. In fact, there’s a funny story about credit scores in the Washington Post that explains what’s really going on behind the scenes. See if you can figure it out:

“Most housing advocates agree that a bigger bang for the buck would come from having lenders lower the unusually high credit scores that they’re now demanding from borrowers.

After the housing market tanked, Fannie and Freddie forced the industry to buy back billions of dollars in loans. In a bid to protect themselves from further financial penalties, lenders reacted by imposing credit scores that exceed what Fannie and Freddie require. Housing experts say the push to hold lenders accountable for loose lending practices of the past steered the industry toward the highest-quality borrowers, undermining the mission of Fannie and Freddie to serve the broader population, including low- to moderate- income borrowers.

Today, the average credit score on a loan backed by Fannie and Freddie is close to 745, versus about 710 in the early 2000s, according to Moody’s Analytics. And lenders say they won’t ease up until the government clarifies rules that dictate when Fannie and Freddie can take action against them.” (Washington Post)

Can you see what’s going on? The banks have been requiring higher credit scores than Fannie or Freddie.

But why? After all, the banks are in the lending business, so the more loans they issue the more money they make, right?

Right. But the banks don’t care about the short-term dough. They’d rather withhold credit and slow the economy in order to blackmail the government into doing what they want.

And what do they want?

They want looser regulations and they want to know that Fannie and Freddie aren’t going to demand their money back (“put backs”) when they sell them crappy mortgages that won’t get repaid. You see, the banks figure that once they’ve off-loaded a loan to Fannie and Freddie, their job is done.  So, if the mortgage blows up two months later, they don’t think they should have to pay for it. They want the taxpayer to pay for it. That’s what they’ve been whining about for the last 5 years. And that’s what Watt is trying to fix for them. Here’s the story from Dave Dayen:

“Watt signaled to mortgage bankers that they can loosen their underwriting standards, and that Fannie and Freddie will purchase the loans anyway, without much recourse if they turn sour. The lending industry welcomed the announcement as a way to ease uncertainty and boost home purchases, a key indicator for the economy. But it’s actually a surrender to the incorrect idea that expanding risky lending can create economic growth.

Watt’s remarks come amid a concerted effort by the mortgage industry to roll back regulations meant to prevent the type of housing market that nearly obliterated the economy in 2008. Bankers have complained to the media that the oppressive hand of government prevents them from lending to anyone with less-than-perfect credit. Average borrower credit scores are historically high, and lenders make even eligible borrowers jump through enough hoops to garner publicity. Why, even Ben Bernanke can’t get a refinance done! (Actually, he could, and fairly easily, but the anecdote serves the industry’s argument.)

(“The Mortgage Industry Is Strangling the Housing Market and Blaming the Government“, Dave Dayen, The New Republic)

Can you see what a fraud this is?  6 years have passed since Lehman crashed and the scum-sucking bankers are still  fighting tooth-and-nail to unwind the meager provisions that have been put in place to avoid another system-shattering disaster. It’s crazy. These guys should all be in Gitmo pounding rocks and instead they’re setting the regulatory agenda. Explain that to me? And this whole thing about blackmailing the government because they don’t want to be held responsible for the bad mortgages they sold to the GSE’s is particularly irritating. Here’s more from Dave Dayen:

“After the housing market tanked, Fannie and Freddie forced the industry to buy back billions of dollars in loans. In a bid to protect themselves from further financial penalties, lenders reacted by imposing credit scores that exceed what Fannie and Freddie require. ….And lenders say they won’t ease up until the government clarifies rules that dictate when Fannie and Freddie can take action against them.”

So the industry has engaged in an insidious tactic: tightening lending well beyond required standards, and then claiming the GSEs make it impossible for them to do business. For example, Fannie and Freddie require a minimum 680 credit score to purchase most loans, but lenders are setting their targets at 740. They are rejecting eligible borrowers….so they can profit much more from a regulation-free zone down the line.

So, I ask you, dear reader; is that blackmail or is it blackmail?

And what does Watt mean when he talks about “developing sensible and responsible guidelines’ that will allow them (borrowers) to buy mortgages with down payments as low as 3 percent”?

What a joke.  Using traditional underwriting standards, (the likes of which had been used for  the entire post-war period until we handed the system over to the banks) a lender would require a 10 or 20 percent down, decent credit scores, and a job. The only reason Watt wants to wave those requirements is so the banks can fire-up the old credit engine and dump more crap-ass mortgages on Uncle Sam.  That’s the whole thing in a nutshell. It’s infuriating!

Let me fill you in on a little secret: Down payments matter! In fact, people who put more down on a home (who have “more skin in the game”) are much less likely to default.  According to David Battany, executive vice president of PennyMac, “there is a strong correlation between down payments to mortgage default. The risk of default almost doubles with every 1%.”

Economist Dean Baker says the same thing in a recent blog post:

“The delinquency rate, which closely follows the default rate, is several times higher for people who put 5 percent or less down on a house than for people who put 20 percent or more down.

Contrary to what some folks seem to believe, getting moderate income people into a home that they subsequently lose to foreclosure or a distressed sale is not an effective way for them to build wealth, even if it does help build the wealth of the banks.”

(“Low Down Payment Mortgages Have Much Higher Default Rates“, Dean Baker, CEPR)

Now take a look at this chart from Dr. Housing Bubble which helps to illustrate the dangers of low down payments in terms of increased delinquencies:

Data on mortgage delinquencies by downpayment. Source:  Felix Salmon 

“When the mortgage industry starts complaining about the 14 million people who would be denied the chance to buy a qualified mortgage if they don’t have a 5% downpayment, it’s worth remembering that qualified mortgages for people who don’t have a 5% downpayment have a delinquency rate of 16% over the course of the whole housing cycle.” (“Why a sizable down payment is important“, Dr. Housing Bubble)

So despite what Watt thinks,  higher down payments mean fewer defaults, fewer foreclosures, fewer shocks to the market, and greater financial stability.

And here’s something else that Watt should mull over:  The housing market isn’t broken and doesn’t need to be fixed.  It’s doing just fine, thank you very much. First of all, sales and prices are already above their historic trend. Check it out from economist Dean Baker:

“If we compare total sales (new and existing homes) with sales in the pre-bubble years 1993-1995, they would actually be somewhat higher today, even after adjusting for population growth. While there may be an issue of many people being unable to qualify for mortgages because of their credit history, this does not appear to be having a negative effect on the state of market. Prices are already about 20 percent above their trend levels.” (“Total Home Sales Are At or Above Trend“, Dean Baker, CEPR)

Got it? Sales and prices are ALREADY where they should be, so there’s no need to lower down payments and ease credit to start another orgy of speculation. We don’t need that.

Second, the quality of today’s mortgages ARE BETTER THAN EVER, so why mess with success? Take a look at this from Black Knight Financial Services and you’ll see what I mean:

“Today, the Data and Analytics division of Black Knight Financial Services … released its November Mortgage Monitor Report, which found that loans originated in 2013 are proving to be the best-performing mortgages on record…..

“Looking at the most current mortgage origination data, several points become clear,” said Herb Blecher, senior vice president of Black Knight Financial Services’ Data & Analytics division. “First is that heightened credit standards have resulted in this year being the best-performing vintage on record. Even adjusting for some of these changes, such as credit scores and loan-to-values, we are seeing total delinquencies for 2013 loans at extremely low levels across every product category.”

(“Black Knight Financial Services’ Mortgage Performance Data Shows 2013 Loans Best Performing on Record“, LPS)

Okay, so sales and prices are fine and mortgage quality is excellent. So why not leave the bloody system alone? As the saying goes: If it ain’t broke, don’t fix it.

But you know why they’re going to keep tinkering with the housing market. Everyone knows why. It’s because the banks can’t inflate another big-honking credit bubble unless they churn out zillions of shi**y mortgages that they offload onto Fannie and Freddie. That’s just the name of the game: Grind out the product (mortgages), pack it into sausages (securities and bonds), leverage up to your eyeballs (borrow as much as humanly possible), and dump the junk-paper on yield-chasing baboons who think they’re buying triple A “risk free” bonds.

Garbage in, garbage out.  Isn’t this how the banks make their money?

You bet it is, and in that regard things have gotten a helluva a lot scarier since last Wednesday’s announcement that the banks are NOT going to be required to hold any capital against the securities they create from bundles of mortgages.

Huh?

You read that right. According to the New York Times:  “there will be no risk retention to speak of, at least on residential mortgage loans that are securitized.”

But how can that be, after all, it wasn’t subprime mortgages that blew up the financial system (subprime mortgages only totaled $1.5 at their peak), but the nearly $10 trillion in subprime infected mortgage-backed securities (MBS) that stopped trading in the secondary market after a French Bank stopped taking redemptions in July 2007. (a full year before the crisis brought down Lehman Brothers) . That’s what brought the whole rattling financial system to a grinding halt. Clearly, if the banks had had a stake in those shabby MBS— that is, if they were required to set aside 5 or 10 percent capital as insurance in the event that some of these toxic assets went south– then the whole financial collapse could have been avoided, right?

Right. It could have been avoided. But the banks don’t want to hold any capital against their stockpile of rancid assets, in fact, they don’t want to use their own freaking money at all, which is why 90 percent of all mortgages are financed by Uncle Sugar. It’s because the banks are just as broke as they were in 2008 when the system went off the cliff. Here’s a summary from the New York Times:

“Once upon a time, those who made loans would profit only if the loan were paid back. If the borrower defaulted, the lender would suffer.

That idea must have seemed quaint in 2005, as the mortgage lending boom reached a peak on the back of mushrooming private securitizations of mortgages, which were intended to transfer the risk away from those who made the loans to investors with no real knowledge of what was going on.

Less well remembered is that there was a raft of real estate securitizations once before, in the 1920s. The securities were not as complicated, but they had the same goal — making it possible for lenders to profit without risking capital.

The Dodd-Frank Act of 2010 set out to clean that up. Now, there would be “risk retention.” Lenders would have to have “skin in the game.” Not 100 percent of the risk, as in the old days when banks made mortgage loans and retained them until they were paid back, but enough to make the banks care whether the loans were repaid.

At least that was the idea. The details were left to regulators, and it took more than four years for them to settle on the details, which they did this week.

The result is that there will be no risk retention to speak of, at least on residential mortgage loans that are securitized.

“…..Under Dodd-Frank, the general rule was to be that if a lender wanted to securitize mortgages, that lender had to keep at least 5 percent of the risk…….But when the final rule was adopted this week, that idea was dropped.”  (“Banks Again Avoid Having Any Skin in the Game”, New York Times)

No skin in the game, you say?

That means the taxpayer is accepting 100 percent of the risk. How fair is that?

Let’s review: The banks used to lend money to creditworthy borrowers and keep the loans on their books.

They don’t do that anymore, in fact, they’re not really banks at all, they’re just intermediaries who sell their loans to the USG or investors.

This arrangement has changed the incentives structure. Now the goal is quantity not quality.  “How many loans can I churn-out and dump on Uncle Sam or mutual funds etc.” That’s how bankers think now.  That’s the objective.

Regulations are bad because regulations stipulate that loans must be of a certain quality, which reduces the volume of loans and shrinks profits. (Can’t have that!) Therefore, the banks must use their money to hand-pick their own regulators  (“You’re doin’ a heckuva job, Mel”) and ferociously lobby against any rules that limit their ability to issue credit to anyone who can fog a mirror. Now you understand how modern-day banking works.

It would be hard to imagine a more corrupt system.


Mike Whitney is a regular columnist for Veracity Voice

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

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