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The Fix Is In: Fed Stops Stock Slide With Talk of QE Extension

October 25, 2014 by · Leave a Comment 

Unbelievable.

On Wednesday, stocks were hammered after economic data showed that the US and global economies were headed for a major slowdown. By mid-day, the Dow was down 460 points before clawing its way back to minus 173 points. It looked like the market was set for another triple-digit flogging on Thursday when the Fed stepped in and started talking-up an extension to QE3. That’s all it took to ease investors jitters, stop the meltdown and send equities rocketing back into space. By the end of Friday’s session, all the markets were back in the green with the Dow logging an impressive 263 points on the day. Here’s more background from Wolf Street:

“But just when some profusely sweating souls on Wall Street thought that the bottom was falling out, a savior appears. St. Louis Fed President James Bullard got on Bloomberg TV and pressed the red panic button (and) handed them what they wanted….That was enough.

Using declining inflation expectations as a pretext, he proposed to delay the end of QE. The Fed should continue buying $15 billion in securities a month…. it instantly turned around the markets. The spoiled brats on Wall Street were ecstatic to imagine that the Fed might continue to deliver the goodies they’ve become addicted to, and without which life seems unbearable.” (This Market is Driven by Psychology and Momentum,’ which ‘Works Really Painfully on the Way Down, Wolf Street)

For those readers who still think that the Fed doesn’t meddle in the markets: Think again. Friday’s stock surge had nothing to do with productivity, price, earnings, growth or any of the other so called fundamentals. It was all about manipulation; telling people what they want to hear, so they do exactly what you want them to do. The pundits calls this jawboning, and the Fed has turned it into an art-form. All Bullard did was assure investors that the Fed “has their back”, and , sure enough, another wild spending spree ensued. One can only imagine the backslapping and high-fives that broke out at the Central Bank following this latest flimflam.

As most people now realize, stocks haven’t tripled in the last 5 years because the economy is expanding. Heck, no. The economy is still on all-fours and everyone knows it. The reason stocks have been flying-high is because the Fed added a hefty $4 trillion in red ink to its balance sheet. Naturally, when someone buys $4 trillion in financial assets, the price of financial assets go up.

Who would’ve known?

And here’s something else to chew on: On Thursday I wrote an article titled “Stocks Plunge 460 Points on QE Exit”. Among the 2 or 3 thousand other articles on the topic in the mainstream, not one mentioned the fact that QE was set to end at the end of October. Instead, they pointed to sluggishness in Europe and China, and weaker-than-expected economic data in the US as the proximate causes of the downturn.

So let me ask you this, dear reader, if the end of QE was not the real trigger for the Dow’s 460 point bungee jump, then why did the markets do a quick 180 right after Bullard made his statement on Thursday? In fact, the media even admits that point now. Check out this article on Marketwatch on Friday titled “Bullard’s surprise suggestion of continuing QE lifts markets”:

“A comment from a hawkish Federal Reserve official on Thursday that central-bank bond buying should continue beyond its scheduled end lifted stock markets and surprised many observers.

The Federal Reserve should consider extending its bond-buying program beyond October due to the market selloff to see how the U.S. economic outlook evolves, said James Bullard, the president of the St. Louis Fed, on Thursday. …

If the economy is still as robust as I am describing it, then I think we could just end the program in December. But if the market is right, and this is portending something more serious for the U.S. economy, than the committee would have an option of ramping up QE at that point,” he said.

The S&P 500 SPX, +1.65% jumped from its session low of a 0.9% drop after Bullard’s remarks came out.” (Bullard’s surprise suggestion of continuing QE lifts markets, Marketwatch)

How do you like that? Just one word from the Fed and the markets do an immediate about-face. Now that’s power.

It’s too bad the Fed can’t put in a good word for the real economy while they’re at it. But, oh, I forgot that the real economy is stuffed with working stiffs who don’t warrant the same kind of treatment as the esteemed supermen who trade stocks for a living. Besides, the Fed doesn’t give a rip about the real economy. If it did, it would have loaded up on infrastructure bonds instead of funky mortgage backed securities (MBS). The difference between the two is pretty stark: Infrastructure bonds put people to work, circulate money, boost economic activity, and strengthen growth. In contrast, MBS purchases help to fatten the bank accounts of the fraudsters who created the financial crisis while doing bupkis for the economy. Guess who the Fed chose to help out?

Do you really want to know why the Fed isn’t going to end QE? Here’s how Nomura’s chief economist Bob Janjuah summed it up:

“I want to remind readers of a message that may be buried in the past: When QE1 ended, the S&P 500 fell just under 20% in a roughly three-month period before the QE2 recovery.

When the QE2 ended, the S&P 500 fell about 20% in a three-month period before the next Fed-inspired bounce (aided by the ECB). QE3 is ending this month…”

Is that why the Fed started jawboning QE4, to avoid the inevitable 20 percent correction?

You bet it is. But what’s odd is that stocks hadn’t even dropped 10 percent before the Fed hit the panic button. Why is that?

Could it be that they have no confidence in the market? Could it be that they know that their loosy-goosey monetary policies have inflated the biggest bubble of all time which has created a fragile, crisis prone system that can’t even withstand a measly 10 percent drop before bank balance sheets start going up in flames and the whole wobbly financial house of cards comes crashing to earth in a thud?

Of course, it is. They’re scared sh**less, which is why they dispatched bigmouth Bullard to promise investors the moon as long as they keep loading up on equities. Yellen an Co. are going to do everything in their power to keep this runaway train from going off the cliff, even if they kill us all in the process.

Now check out this blurb from Allianz ‘s chief economic adviser, Mohamed A. El-Erian, one of the few analysts who got it right:

“Due to excessive confidence in central banks, investors eagerly decoupled high market valuations from what was warranted by the sluggish fundamentals.”… That disconnect has been undermined over the last few weeks by signs that the global economy’s fundamentals are weaker than they seemed and concern that the European Central Bank will not adequately fight that continent’s economic drift…” (New York Times)

What El Erian is saying, is that, stocks are vastly overpriced given “sluggish fundamentals”. The only reason investors have been buying is because the Fed has been shoving money into the market hand-over-fist. That’s what’s kept equities airborne. But on Wednesday, investors woke up and said to themselves, “Hey, the economy’s circling the plughole, the Fed is bailing out, and I’m left with a boatload of dodgy stocks that might be worth $.30 on the dollar. Maybe I’ll get out now while I still can.” That’s why the market tanked.

So, what’s the lesson here?

The lesson is that the Fed is driving the markets. The whole “free market” trope is baloney. No one is loading up on stocks because they’re a good deal or because they think the economy is going gangbusters. Investors are buying stocks because they still believe in the power of money. They still think the Fed can pump a few more wisps of helium into the equities balloon and keep the rally going for a bit longer. And that’s why stocks surged on Friday, because, at least for now, greed still trumps fear.

But what’s the overall effect of this loony policy on the economy, or is that a fair question to ask after 6 years of falling incomes, flatlining wages, widening inequality and widespread economic stagnation?

The truth is, we already know what the impact is: The rich have gotten richer while the poor have been shunted off to tent cities, food pantries and under freeway off-ramps. Isn’t that what’s happened? Get a load of this brief summary in Friday’s WSWS:

“The richest one percent of the world’s population now controls 48.2 percent of global wealth, up from 46 percent last year, according to the most recent global wealth report issued by Credit Suisse, the Swiss-based financial services company.

Hypothetically, if the growth of inequality were to proceed at last year’s rate, the richest one percent for all intents and purposes would control all the wealth on the planet within 23 years.

The report found that the growth of global inequality has accelerated sharply since the 2008 financial crisis, as the values of financial assets have soared while wages have stagnated and declined…

The study revealed that the richest 8.6 percent of the world’s population—those with a net worth of more than $100,000—control 85 percent of the world’s wealth. Meanwhile, the bottom 70 percent of the world’s population—those with less than $10,000 in net worth—hold a mere 2.9 percent of global wealth.

The growth in inequality is bound up with a worldwide surge in paper wealth, fueled by the trillions of dollars pumped into the financial system by central banks via zero interest rate and “quantitative easing” policies…

As the report noted, “The overall global economy may remain sluggish, but this has not prevented personal wealth from surging ahead during the past year. Driven by … robust equity prices, total wealth grew by 8.3% worldwide … the first time household wealth has passed the $250 trillion threshold.” (Richest one percent controls nearly half of global wealth, Andre Damon)

That says it all, doesn’t it? The widening chasm between rich and poor is traceable to the policies that were adopted in 2008. That’s why things are so fu**ed up, it’s because the “surge in paper wealth, fueled by the trillions of dollars pumped into the financial system by central banks via zero interest rate and “quantitative easing” policies.”

In other words, it’s all deliberate. Robbing the poor and giving to the rich is all part of the plan.

That strikes me as an important point, and one that’s worth mulling over for awhile; that crushing the middle class isn’t an accident. It’s what they want. It’s the policy.


Mike Whitney is a regular columnist for Veracity Voice

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

8 Facts About American Inequality

October 25, 2014 by · Leave a Comment 

“…that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement. It is a difficult dream for the European upper classes to interpret adequately, and too many of us ourselves have grown weary and mistrustful of it. It is not a dream of motor cars and high wages merely, but a dream of social order in which each man and each woman shall be able to attain to the fullest stature of which they are innately capable, and be recognized by others for what they are, regardless of the fortuitous circumstances of birth or position.”

– James Truslow Adams, The Epic of America (1931)

The American Dream has been defined many ways by writers of both poetic and prosaic bent, but its essentials tend to involve life, liberty and the pursuit of happiness (or property, depending on your source).

The Declaration of Independence, upon which an entire nation was radically brought into existence, asserts that not only are all men created equal but that this is a “self-evident” truth. By this “unanimous Declaration of the thirteen united States of America,” a contract was agreed to, that their union would be founded on this principle. Thus, America was endowed with its dream at the moment of its conception: the freedom to succeed.

The United States has promoted a self-congratulating exceptionalism for decades, waving its Declaration and Constitution in the faces of other sovereign nations as if the latter had never considered such concepts. Our capital F “Freedom” sets us apart from the rest of the world, as the political rhetoric has repeated ad nauseam, no matter the freedoms enjoyed by democracies on almost every continent. And yet our basic freedom, the freedom to succeed, America’s contractual promise, has been shrinking for thirty years.

The freedom to succeed transcends economic systems but it is most potently expressed by capitalist gains. The ability to go “from rags to riches” is ingrained in this nation’s ethos and there is nothing intrinsically immoral about that goal. However, the current state of American inequality reveals a very real and expanding gap between the rich and poor that betrays the foundational endowment of this Union. When the freedom to succeed is denied every citizen, their equality is equally denied.

Recently, the Pew Research Center released a poll on what international citizens consider the greatest threat to the planet. Conducted between March 17 and June 5 of this year, the survey received answers from 48,643 respondents in 44 countries. In the U.S. and Europe, the growing gap between the rich and the poor was overwhelmingly considered the greatest danger to world prosperity. Over a quarter of Americans ranked “Inequality” as number one, above Religious & ethnic hatred, Pollution, Nuclear weapons and Infectious diseases.

This is hardly startling news considering that the median net worth of American households fell by 35 percent ($106,591 to $68,839) between 2005 and 2011, according to the U.S. Census Bureau. It is, however, disturbing that inequality remains so prevalent five years after the Great Recession.

Capitalism is not the problem. The problem is that we have let inequality advance in this country so gradually that its obviousness is masked by its familiarity. Below, I outline eight facts about inequality in America that every American should know.

1) 400 Americans have more wealth than half of all Americans combined. This ratio has been verified by Politifact and former Labor Secretary Robert Reich. To put it into context, last year the U.S. Census Bureau estimated that there were over 316 million people living in the United States. That means 400 Americans have more money than over 158 million of their fellow citizens. Their net worth is over$2 trillion, which is approximate to the Gross Domestic Product of Russia.

One explanation for the vast discrepancy in wealth is the definition of “worth,” which includes everything a person or household owns. This means savings and property but also mortgages, bills and debt. Poorer households can owe so much in debt that they possess a negative net worth.

2) America has the second-highest level of income inequality, after Chile. The Organization for Economic Cooperation and Development studies thirty-four developed countries and ranks them both before and after taxes and government transfers take effect (government transfers include Social Security, income tax credit and unemployment insurance). Before taxes and government transfers, America ranks tenth in income inequality. After taxes and transfers, it ranks second. Whereas its developed peers reduce inequality through government programs, the United States’ government exacerbates it.

3) The current state of inequality can be traced back to 1979. After the Stock Market Crash of 1929, the gap between the rich and the poor began to narrow. For fifty years, wages differed between the upper- and working-classes, but a robust middle-class took shape and there remained ample opportunity for working-class individuals to ascend.

In his book, “The Great Divergence,” journalist Timothy Noah traced today’s inequality to the beginning of the 1980s and the widening gap between the middle- and upper-classes. This gap was influenced by the following factors: the failure of American schools to prepare students for new technology; poor immigration policies that favor unskilled workers and drive down the price of already low-income labor; federally-mandated minimum wage that has failed to keep pace with inflation; and the decline of labor unions.

4) Non-union wages are also affected by the decline of unions. The Economic Policy Institute claims that 20 percent of the growth in the wage gap between high-school-educated and college-educated men can be attributed to deunionization.

Between 1978 and 2011, union representation for blue-collar and high-school educated workers declined by more than half. This has also diminished the “union wage effect,” whereby the existence of unions (more than 40 percent of blue-collar workers were union members in 1978) was enough to boost wages in non-union jobs – in high school graduates by as much as 8.2 percent. Not only did unions protect lower- and middle-class workers from unfair wages, they also established norms and practices that were then adopted by non-union employers. Two prime examples are employee pensions and healthcare.

Today, about 13 percent of workers belong to unions, which has reduced their bargaining power and influence.

5) There is less opportunity for intergenerational mobility. In December 2011, President Obama spoke at Osawatomie High School in Kansas. He was very clear about the prospects of the poor in today’s United States:

“[O]ver the last few decades, the rungs on the ladder of opportunity have grown farther and farther apart, and the middle class has shrunk. You know, a few years after World War II, a child who was born into poverty had a slightly better than 50-50 chance of becoming middle class as an adult. By 1980, that chance had fallen to around 40 percent. And if the trend of rising inequality over the last few decades continues, it’s estimated that a child born today will only have a one-in-three chance of making it to the middle class – 33 percent.”

As refreshing as that honesty is, Obama promised no fix beyond $1 trillion in spending cuts and a need to work toward an “innovation economy.”

In a speech one month later, Obama’s Chairman of Economic Advisers, Alan Krueger, elaborated on the dire state of America’s shrinking middle-class. The contraction, he stated, could partially be attributed to “skill-biased technical change”: work activities that have become automated over time, reducing the need for unskilled labor and favoring those with analytical training. He also highlighted the 50 year decline in tax rates for the top 0.1 percent, increased competition from overseas workers, and a lack of educational equality for children. Poor children are denied the private tutors, college prep and business network of family and friends available to their wealthier peers, which locks them into the class they are born into.

6) Tax cuts to the wealthiest have not improved the economy or created more jobs. Krueger also revealed that the tax cuts of the 2000s for top earners did not improve the economy any better than they did in the 1990s (meanwhile, income growth was stronger for lower- and middle-class families in the 1990s than in the last forty years).

Tax rates for the top income earners in America peaked in 1945 at 66.4 percent. Following decades of gradual reductions, they have since been cut in half. During the same time, the payroll tax has increased since the 1950s and individual income tax has bounced between 40-50 percent through the present day. Conversely, corporate tax declined from above 30 percent in the 1950s to under 10 percent in 2011.

All of these tax cuts are made ostensibly to improve the economy and create jobs. However, the National Bureau of Economic Research has concluded that it is young companies, “regardless of their size,” that are the real job creators in America. Tax cuts to the wealthiest do not create jobs.

7) Incomes for the top 1% have increased (but the top 0.01% make even more). Between 1979 and 2007, the average incomes of the 1 percent increased 241 percent. Compare that to 19 percent growth for the middle fifth of America and 11 percent for the bottom fifth. Put another way, in 1980 the average American CEO earned forty-two times as much as his average worker. In 2001, he earned 531 times as much.

Average income across the 1 percent is actually stratified into widely disparate echelons. Compare the $29,840 average income for the bottom 90 percent to the $161,139 of the top 10 percent. Compare the $1 million average income of the top 1 percent to the $2.8 million of the top 0.1 percent. Yet both still pale beside the $23 million average income of the top 0.01 percent.

If those numbers seem a bit overwhelming, Politizane has created a video that illustrates this staggering inequality:

8) The majority of Congress does not feel your pain. Empowered by the Constitution to represent their constituents, United States Congress members are, for the first time in history, mostly millionaires. The 2012 financial disclosure information of the 534 current Congress men and women reveals that over half of them have a net worth of $1 million or more.

After the past seven facts it is difficult to read this last one and believe that these 268 legislators have the best interests of the remaining 99 percent at heart. But if that is too presumptuous a leap, it is not too bold to say that wealthier donors, lobbyists and special interest groups enjoy greater access to these lawmakers than the average American.

In January, Congress failed to extend emergency benefits for unemployment, leaving 1.3 million people without federal aid. Congress then went on a weeklong recess that kept them from debating the issue until the end of the month. The bill was too divisive for Republicans and Democrats to reach an agreement on, though unemployment was then above 7 percent nationally.

Thankfully, the unemployed have their Congress working for them. And at $174,000 annual pay, those representatives are sure to return from their vacations committed to fresh solutions.

Pierce Nahigyan is a guest columnist for Veracity Voice

Pierce Nahigyan is a freelance journalist living in Long Beach, California. His work has appeared in several publications, including NationofChange, the Los Angeles Post-Examiner and SHK Magazine. A graduate of Northwestern University, he holds a B.A. in Sociology and History.

Mary Poppins, Elizabeth Warren & The American Banking System

October 21, 2014 by · Leave a Comment 

When I saw the movie “Saving Mr. Banks” during one of my interminably-long plane rides back from Syria, I liked it so much that I actually went out and bought a copy of the 1964 “Mary Poppins” Disney classic it was based on — the one with Julie Andrews and Dick Van Dyke frolicking across the rooftops of London.

And much to my surprise, I discovered that Mary Poppins might have been one of the world’s first hippies.  Who woulda thought!  And what was even more amazing is that Mary Poppins was one of the first people to warn us about the dangers and perfidy of big bankers and big banks.

And fortunately for those of us living here in America one hundred years later, Elizabeth Warren has now become the new Mary Poppins — also warning us about the dangers and perfidy of big bankers and big banks.

If only Americans would start paying attention to Elizabeth Warren as much as they paid attention to Julie Andrews!

“Hey, Elizabeth!” I also want to shout on the rooftops like Dick VanDyke, “voters aren’t listening to you!”  Maybe if Disney studios made a movie about you too?  Then maybe voters would finally start to listen.

According to Warren, the American middle class has been absolutely decimated by the banking and credit-card lobbies.

And yet voters still keep falling for all those glossy ads and happy lies that still keep getting pro-big-bank candidates elected to the White House and Congress even though voters can clearly see that they themselves are losing their jobs, having their homes repossessed, becoming slaves to their student loans and getting ripped off bigtime by credit-card debt.  But then I guess that those syrupy ads actually do prove that “A spoonful of sugar helps the medicine go down” after all.

In the heroic country of Iceland, their well-informed voters have vigorously fought back against bankster greed and have even re-written their constitution in order to make lending-bubbles and bank fraud illegal.

But in America, the opposite happens.  Here in America our very own government, the very one that bank lobbyists have chosen for us to elect, is handing over billions of our very own hard-earned dollars to big banks just as fast as it can.  And Congress is always writing new bankruptcy laws that favor banksters over the middle class every time.  Mary Poppins would be livid, of course, but nobody else seems to even notice these days — except for Elizabeth Warren.

And even the Federal Reserve is dancing over the rooftops in glee as it too gives away our money to the banksters just as fast as it possibly can, singing “Step in Time” as gleefully hands over giant bags of taxpayers’ money to Chase, Bank of America, CitiBank and Goldman Sachs.

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

Plus the Senate just vetoed a bill that would have given students a break from paying up to 12% interest on their college loans too.  According to Warren, “This isn’t complicated.  It’s a choice – a choice that raises a fundamental question about who the United States Senate works for.  Does it work for those who can hire armies of lawyers and lobbyists to protect tax loopholes for billionaires and profits for the big banks?  Or does it work for those who work hard, play by the rules, and are trying to build a future for themselves and their families?”

Not to mention the hidden (and not-so-hidden) fees that banks gleefully charge us customers for no reason at all.

To try to completely understand how banksters and their toadies in Congress and the Department of Justice are robbing the rest of us blind, you just gotta watch this video of Bill Moyers interviewing bank-fraud expert Thomas K. Black.  Seriously.   You really should watch this:  http://vimeo.com/107916659

In this video, Black describes how Obama was elected by the banking industry and how Obama has totally paid back his debt to the banksters by handing them all “get out of jail free” cards.  Is being elected president really worth selling us Americans out to the banksters?  Apparently so.

“There’s no threat to capitalism like capitalists,” continues Black.  “They are destroying its underpinnings.  And when dishonest people gain an advantage in the marketplace, bad ethics drive good ethics out.  This is why we need the rule of law.”  Doesn’t Thomas K. Black sound just like Dick VanDyke, er, I mean Burt the Chimney Sweep here — as Black proposes that it’s high time to sweep clean our banks.

And now let’s talk about America’s ratings on the so-called “Misery Index”.  Apparently America rates higher on the misery charts now than it ever has, even back in the Great Depression — and probably even as high as did Mary Poppins’s 1910 London.  Thanks a lot, banksters.

Isn’t it time that American voters finally join up with Elizabeth Warren and Mary Poppins — and tell big banks and banksters to go “fly a kite!”

PS:  Speaking of money, look how much of it is being spent in the Middle East — and not here at home where it is needed!

According to a recent blog-post at thehill.com, the first official estimates of the ISIS price tag from the Pentagon showed that, “the costs of intervention between mid-June and late-August was $7.5 million per day.  At that rate, the U.S. has spent $850 million on operations against ISIS as of October 8, adding up to about $2.74 billion per year.  The Pentagon has since revised the estimate up to as high as $10 million per day, or $3.65 billion per year.  In reality, both of those numbers are quite likely to be underestimates of what’s to come.”

Looks like the US military is just as bad as the US banksters when it comes to cleaning out America’s pocketbooks — after they both have put us to sleep with false promises and false news https://www.youtube.com/watch?v=ZewopnA6H7E.

What we Americans really need to do these days is to once again take Mary Poppins’s advice and “Stay Awake”!  https://www.youtube.com/watch?v=8yC_voMY6kY


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

2014 Election Business As Usual

October 4, 2014 by · Leave a Comment 

Thus far this election cycle has been a dud. Hardly a sweat is broken in the rarified air of partisan politics punditry. The only consistent factor that can always be counted upon to amuse is the reams of paper wasted on the false promises and prevarication made by the esteemed party regulars. It is easy to simply blame the entrenched incumbents or the current crop of insurgents, but it goes much deeper when an entire nation remains mute in the face of the worse run and most condemnable conduct, coming out of the District of Criminals in decades. The party in power traditionally will suffer huge losses in Congress, while the gang of “pols” out of power will start contacting real estate agents within the beltway.

What passes for political news today is not even fit to wrap fish. The meat and potatoes of journalism, once upon a time, were made up of scandals. Under the protection racket department of the media government alliance, the abuse of power never reaches the point of national saturation. The Obama administration has outdone the nastiest of offenses under Lyndon Johnson and William Clinton. The Democrats in the Senate allow Harry Reid to be the sickest dictatorial tyrant in living memory.

Customarily, the party with the majority takes the blame for failures. Yet, with each new transgression and unlawful activity, the purported opposition crew of RINOs shirks their constitutional responsibility and shutter out of fear of being labeled a racist. How sad. But that is exactly the condition and lack of courage out of the GOP leadership.

One might think the Democrats just keep digging the hole deeper that they created. Then again, many partisans will look to shift blame and pin shared responsibility on the Republican deadheads in Congress. Forgotten in the fog out of foggy bottom is that Obama owns the failed policies that have been followed after five and a half years in office.

The chaos at the border is intentional. Failure to revive the economy and implement policies that favor job creation is also deliberate. Perpetuating a foreign policy based upon defiance of international law is maintained in the proud tradition of interventionist empire building. Truly this is the institutional synergism, between both parties, that steer career politicians to the dark side. Lastly, the infamous and destructive Obamacare fiasco is the apex of social engineering.

So why won’t the political establishment respond to this laundry list of malfeasance and repeal bad legislation and caustic regulation or change the direction of national policy? It is very difficult for most Americans to accept that the political class is actively working for the downfall of the country and the substitution of a constitutional republic for the dictatorship of permanent privileged elites.

What makes this faction of ruling vermin different from previous ages is that the overriding sentiment for dominance is based upon the systematic dismantling of the nation state. The façade of protecting the homeland is pure hogwash. With the rise of the internationalism culture for governance, the motivation to legislate as if a representative was a sincere patriot has evaporated.

There are not many reasons to even project an appearance of restoring an independent and self-sustaining national economy, a civilization based upon individual liberties and a society where opportunity builds a viable middle class. No, the day that politicians had sincere respect and devotion to institutions of lawful administration and beneficial programs that actually advanced the public interest are long gone.

So why do the hard core political junkies get so exercised over the latest news on how a particular race is turning? With the bipartisan gerrymandering that takes places after each census, every state gets their chance to game the election system. Since there are a small number of elections that can be described as truly competitive, the attention garnished on the few races that could be decided by greater campaign efforts, goes under the microscope.

Back in 2010 the decisive involvement of the genuine grassroots Tea Party captured the House of Representative for the GOP. How did that work out? For traditional conservatives, this freshman class made a substantial attempt to rock the floor of the chamber. Nevertheless, let no good Congressperson go left unpunished. The leadership of the do nothing and gutless Republicans, could not bring themselves to demonstrate fiscal prudence or foreign policy statesmanship.

Sorry folks, the NeoCons are still very much in control.

For this election cycle, the Senate seems to be in play by nearly all accounts. Races for a Senate seat in Alaska, Colorado, Iowa, North Carolina and Kansas are most often talked about holding the keys to the cloakroom. It is incomprehensible that majority leader Senate Harry Reid could muster even the lowest level of respect for the way he has conducted himself in the role of the perfect obstructionist. Yet, Democrat loyalists come to the rescue of his tainted honor, no matter how offensive his behavior and conduct degenerates.

Optimism that Reid will be relegated to the closet motivates discontented votes in the few States that matter. OK, even if the slimy and seedy boss of the Democrat crime syndicate gets demoted, what might be reasonably expected from a Republican majority in the Senate?

Most would expect that the remainder of the Obama Presidency will be dead in the water. Oh, how nice if that would be true. However, be prepared. For what you have already seen from this pathological liar and pretender, who have more in common with Mobutu the African despot, may well foretell an explosive ending.

The nihilism and the mental illness that marks the behavior of this egomaniac gives little reason to think that anything will restrain his one man one rule arrogance. If you watched the blushing admiration that Barry Soetoro showered on the biggest crook that even headed up the Department of Injustice, Eric Holder; you know that this psychotic president flaunts his disgust for America, has more insults left to inflict.

The fact that Republican representatives had no stomach to impeach this madman illustrates the nature of the existential problem that plagues the very foundation of legitimacy and threatens the civil liberties of every honest citizen.

Would a GOP Senate interject backbone into the jelly spines of the legislature branch and commence a revival of in an era of “good government”? Excuse me again, only the dreamers believe that an ethical administration can and will emerge, when morality in its most basic application, is almost nonexistent in the popular culture and the secular society.

Back in the ancient days of the network news monopoly, the three broadcast organizations would sometimes pool their resources to access the same voter count. Tallying ballots always presented the risk of voter fraud. Now, the projection and predicting prognostications are so much more refined. Voter scams are so advanced, using electronic machines to program in the results that only a Boss Tweed could fully appreciate.

Ah, just knowing the time wasted on campaigning is reward enough for those who rate congressional candidates lower than your latest terrorist splinter group. The suspense for the 2014 season better start to build soon or the media moguls will need to invent a different realty show to stage.

Maybe a slight threat of citizen participation could have a remote chance to influence the results in a primary run, but that time has passed. Tuesday, the 4th of November has all the making of another day of shame. Not because there is no qualified champion to support, you already know that to be the case. But for the reason that the likelihood that if a “good” person could be elected, merely means that he or she will be destroyed by the professional caste of political untouchables.

Play ball or your days are numbered. That’s the game and what better chamber exemplifies the experience of blackmail than the “World’s Greatest Deliberative Body”.

If some stubborn and obstinate reformer sticks to their guns, just bring in the NSA for the maximum level of authoritarian extortion.

By now you should all be psyched up for making your X. Soon the latest round of illegal invaders will be getting their identity credentials and drive on over to the booth to pick their macho man official. How many more of these futile elections will it take before the pretense of voting will be just as silly as those candidate projected appearances of being a trustworthy representative of the populace?

This year’s Election Day recommendation has not changed. Show up, be vocal, express your disgust, vote third party or make a point that none of the above is your real selection. The charade of a loyal opposition to the party in power has never been so clear for even the densest “true believer” to come to their senses.

Little ever changes for the good and nothing actually reverses the direction towards national suicide. The reason is clear, it is the plan and every system is firing on all cylinders. The rest of the Obama term is poised to have deceased Americans turning in their graves. For those who claim they are still alive, prove it – show your outrage.


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

Prepare For A Different America Coming Fast

September 28, 2014 by · Leave a Comment 

Norman Rockwell’s America carried incredible nostalgia for the way this country once operated.  “Father Knows Best” captured our understanding of “family” in America.  Jackie Gleason on the “Honeymooners” along with Andy Taylor and Barney Fife instilled our mutual belonging.  Bill Cosby brought us together with the “Cosby Show.”  Everyone spoke English and everyone enjoyed employment and hope.

From the 50s to the 70s, most people worked a job, our Congress made laws to ensure our well-being along with a viable nationhood.  Even with our racial strife, women’s rights, gay rights and battles over Roe vs. Wade—America allowed every citizen the right to pursue “Life, liberty and the pursuit of happiness.”

After my latest bicycle journey across America this summer, we unknowingly bear witness to the greatest racial and demographic shift ever self-inflicted on one country in the history of the world.  By 2042, the Pew Research Center reports that the current European-American majority (down from 90 percent in 1960 to 54 percent in 2014) faces the new Latino majority within 28 years.  All of it created by endless legal and illegal immigration.

During the next 36 years, Americans face an added 100 million legal immigrants from 150 countries around the globe.  They stream into America at blinding speed via our invitations, chain migration and birth rates.  How can we equate adding 100 million immigrants?  Answer: that number equates to doubling the size of our 25 most populated cities.  It means New York City jumps from 8.3 million to 16.6 million, Chicago from 5.1 million to 10.2 million and on down the line.

What does such an immigration invasion mean to our communities?  Our way of life?  Our quality of life?  Our standard of living?  Our environment?  Our educational systems?

Answer:  as the numbers rise to that 100 million level, everything in our society degrades, devolves, degenerates and worsens.

You cannot stop a fire by spraying gasoline on it.  You can’t solve California’s drought or wildfires by adding another 20 million foreigners to that state via immigration.  We cannot EVER catch up to exponential growth because it outruns our ability to solve its endemic and systemic consequences.

And, oxymoronically, we can’t solve our predicament by passing S744 Amnesty Bill that doubles legal immigration to 2.0 million annually.

What’s the final equation?  Since I traveled through dozens of third world countries in the last 40 years, I noticed they couldn’t solve their problems, either.  They face(d) horrific food and water contamination, disease and shortages.  Just look at Ebola in Africa along with AIDS that killed 15 million thus far.  Their citizens face endless illiteracy because they can’t install a viable educational system. They face conflict over resources.

As you notice in such areas as Iraq, Afghanistan, Haiti, Mexico, Brazil, China, India, Bangladesh, Indochina, Congo, Ethiopia, Somalia and dozens of other countries—you see continual religious, resource, food and water conflicts.

That’s where the United States of America steams.  You can see it in our ethnic conflicts today whether Ferguson, MO riots, Chicago featuring 50 gun fights over the 4th of July weekend, black on black killings into the tens of thousands over the past several decades, 76 percent dropout/flunkout rates for Detroit public schools, which creates over 60 percent illiteracy rates.  Illiteracy remains the key indicator of a third world country.  Once it takes hold, it becomes intractable.

One look at our welfare system shows 68 percent of African-American children reared by a single mother on welfare.  We feed 48 million Americans and non-Americans with EBT or food stamps.  We see a complete breakdown of our middle class with no way to fight joblessness, futility or obesity caused by illiteracy.  Right now, obesity explodes as a national epidemic of health care nightmares for our citizens.

Question: how do you think any of our current sociological, environmental, water, energy, racial and growing religious strife can or will get better.  With those 100 million legal immigrants, you may expect to see an increase of Muslims in our country from 7.5 million to well over 20-30 million by 2050.  Sociologists reported that once Islam reaches 8 percent of the host nation’s population, they become violent, arrogant and use the system to back the host country down to agree to Sharia Law. Notice the riots in Sweden and two separate London’s. Look at France’s nightmare.  Sharia law stands against every Western sensibility for women’s rights, gays’ rights, free speech, education, marriage choices and religious choice.  Note that hundreds of Muslim-Americans signed up to join terrorists groups in the Middle East.   What happens when they turn their terror toward us?

Australia discovered a major plot fomented by citizen Muslims to commit beheadings in the streets of Sydney this summer. If you think I am kidding, watch this short video:

Published on Sep 18, 2014: More than 800 Police in Australia have carried out anti-terror raids in Sydney (12 suburbs) sparked by intelligence reports that Islamic extremists were planning random killings (beheadings) in Australia:https://www.youtube.com/watch?v=V0ctrDnM__4

Additionally, look for three major languages to create major chaos and loss of our national ethos in the coming decades. Look for linguistic confusion and separation from being a citizen of the United States because you speak Arabic, Spanish or English.  In the end, we face becoming a nation of strangers.

What solutions might we enact to save ourselves?

  • Immediate reduction of all legal immigration to less than 100,000 annually instead of the current 100,000 every 30 days from 150 countries around the globe.
  • Immediate enforcement of our current work, rent and transport laws against employers of anyone illegally in the USA.
  • Immediate discussion on “60 Minutes”; “Face the Nation” ; “Meet the Press” ; Charlie Rose; NBC, CBS, FOX, ABC, CNN, Bill O’Reilly, Wolf Blitzer, Shepard Smith, Megyn Kelley and all talk radio shows on how many people can our country hold and what’s the point of adding another 100 million foreigners when we already face enormous problems with what we currently hold.
  • Millions of Americans need to join www.NumbersUSA.orgwww.CapsWeb.org and www.Fairus.org and www.TheSocialContract.com in order to grow you strength via collective empowerment.

Otherwise, we keep heading where we’re headed. And, we’ll end up just like any third world country.  Crowded, scant opportunities, lack of education, water shortages, energy crisis, religious conflict, environmental degradation and worse.  It’s inevitable if we fail to stop mass immigration.  I am amazed that I am the only US journalist who sees this monster so clearly, yet I see no national movement to stop it.  Result: we doom our kids to a very sobering future of a fractured and fragmented civilization that cannot right itself.


Frosty Wooldridge has bicycled across six continents – from the Arctic to the South Pole – as well as six times across the USA, coast to coast and border to border. In 2005, he bicycled from the Arctic Circle, Norway to Athens, Greece.

He presents “The Coming Population Crisis in America: and what you can do about it” to civic clubs, church groups, high schools and colleges. He works to bring about sensible world population balance at his website: www.frostywooldridge.com

Frosty Wooldridge is a regular columnist for Veracity Voice

ISIS, Scotland, And The Politics of Mimicry

September 21, 2014 by · Leave a Comment 

Is the fact that half of the Scots want to split from Britain and the news that hundreds of young Muslim Brits are fighting with Jihadi militant groups in Syria connected?

Of course they are. These two social phenomena are intrinsically linked, yet in the intellectual desert in which we live, no one dares to address the subject. The boundaries of our curiosity are limited by our deference to political correctness and Zionist sensitivities.

From a political perspective, Jihadi enthusiasm amongst young Western Muslims is an outcome of the emergence of tribalism in the West; but isn’t the call for Scottish independence driven by a similar tribal urge? From both a philosophical and dialectic perspective, Jihadi identification and the Scottish call for independence are the antithesis of the New Left and its corrosive Identity (ID) politics that have been spread in our midst for too long.

In the last five decades we have witnessed a relentless attack on nationalism and patriotic values. These attacks are commonly associated with the ‘New Left’ and have been led in large part by the Jewish intelligencia. It was the Frankfurt School’s thesis on Authoritarian Personality (Adorno & co) and Wilhelm Reich’s take on ‘Mass Conservatism’ that suggested that there was something wrong, dangerous and even vile to be found among the masses and their ‘reactionist’ political orientation.  Contemporary Left cosmopolitan icon Noam Chomsky has been calling for the abolishment of borders and states (except, of course, the Jewish State* for many years. Chomsky is proudly hostile to patriotism and nationalism. Yet we must examine the alternative offered by Chomsky, The Frankfurt School, The New Left and The Guardian – the media outlet that enthusiastically disseminates these ideas.

For reasons that I have discussed numerous times, the New ‘Left’ and the Jewish intelligencia have vigorously advocated the replacement of the national patriotic discourse with ID politics. In practice, this was intended to break the cohesiveness of the working class and the national bond and replace it with a score of marginal and sectarian discourses. The Left that once claimed to be a universal voice for the working people was hijacked. It became the mouthpiece of ID groups, most of them defined by biology (gender, skin color and race), sexual preferences (LGBT) and even religion (Jews only).

The outcome has been devastating. ID politics that initially purported to promote authentic thinking ended up promoting the opposite. It dismantled authenticity and replaced it with  ‘Identification.’ Instead of being who we really are (John, Sue, Nahida or Abraham) we’ve been trained to identify with group ideology. We adopted a new manner of speech. We convey our thoughts ‘as a’; ‘as a Jew,’ ‘as a woman,’ ‘as a gay,’ ‘as a black,’ instead of expressing our own and very personal authentic feelings and beliefs as we experience them in an unmediated existential mode.

In practice, we have replaced authenticity with detachment, alienation and mimicry.  Instead of celebrating Being in the most existential manner we learned to pre-mediate what being a ‘woman’, ‘Jew’, ‘black’, ‘gay’ should sound like. We learned to envisage what our identification ‘may entail’ and to react as our identification demands.  What I describe above is the practical result of the ‘forgetfulness of Being,’ a term coined by the great German philosopher Martin Heidegger. But it is at this point that tribal awareness; nationalism and patriotism are reinvigorated and seem to be gaining ground.

In order to explain this shift, l would like first to examine the case presented by Zionism, Israel and Jewish progressive politics.

Those who attend progressive meetings become accustomed to the righteous Jewish manner of speech. Many Jews launch their speeches with the ‘as a Jew’ cliché. Needless to mention, neither I nor any other scholar of Jewish ID politics have ever managed to figure out what this cliché means. The reason is that it doesn’t mean a thing.

For years I have asked many Jews to address this question and haven’t received a sound reply. The ‘as a Jew’ seems to convey a meaningful logos, but in practice it is used to block critical discussion of the emptiness of the notion of Jewish progressive ID. In truth, there is no Jewish value system and as the great Israeli philosopher Yeshayahu Leibowitz observed in the 1970s, there is no such a thing as ‘Jewish ethics.’ The Jew is expected to follow Mitzvoth and laws (halakha) instead of acting upon his ethical judgment. The conclusion is devastating – ‘as a Jew’ is an empty expression. It is a deceptive mode used to convey an image of a Jewish ethical heritage that doesn’t exist.

This is where Zionism and Israel intervene. They offer the Jew an opportunity to rid himself of the sham of clichés and offer a glimpse of authentic redemption. Zionism and Israel say to the young Diaspora Jew – instead of speaking ‘as a Jew’ why don’t you just ‘Be a Jew?’ – take the first El Al flight, come to Israel, join the IDF, learn how to drive a tank. By the time your transformation is complete you will be able ‘to pour your wrath on the Goyim’ in the name of the Jewish people and in accordance with Jewish heritage (as the Zionist interpret this heritage).

Whether we like it or not, Israel and Zionism give meaning to Jewishness.

The Zionist call is very appealing to young Diaspora Jews (American, British, French, Australian). The IDF is saturated with lone soldiers who arrived in the ‘promised land’ just to wear the uniform and serve their people.

Israel and Zionism provide an authentic patriotic answer to the anti-patriotic mode that has become the voice of the New Left.

ISIS and other Jihadi groups offer the young Muslim a similar product. Instead of talking ‘as a Muslim,’ a statement that means very little within a consumerist, materialist, multi cultural society, the Islamic State and other Jihadi organizations offer their young Western followers the opportunity to Be a proper Muslim. Instead of participating in the inauthentic ‘as a’ game, ISIS calls on its followers to participate in a holy war, the ultimate form of true spiritual fulfillment.

It would be foolish to tag ISIS Western combatants as “bad Muslims” or ‘evil fundamentalists’ while turning a blind eye to the rising popularity of Jihadi culture within Muslim communities in the region and in the West. I recommend that we examine the popularity of ISIS amongst young Muslims in the light of the popularity of the Zionist cause within Western Jewish communities. I can’t see why a young British Muslim fighting in Iraq is worse than a Jewish British citizen serving in the IDF and ruining the lives of Palestinians in Gaza and the West Bank.

The rise of nationalism and tribalism is prevalent throughout Europe and much of the world. This week Britain is on the verge of breaking up. Half of the Scots prefer to split from the Kingdom. What is going on in Scotland is a repetition of the same pattern. Instead of subscribing to a watery meaningless British ‘collectivism;’ Scotland, as a unifying symbolic bond has much more to offer its people.

To sum up, it seems that the attempt by the New Left to weaken the Nation state by promoting ID politics has backfired. It has led toward a sharp rise of tribal orientation and local patriotism. This reading may also help us to grasp the historical failures of the New Left and its mentors at the Frankfurt School. As we know, the masses never joined the Left. The promised revolution never occurred either.  And the reason is plain: real working people didn’t have cause to impersonate working people – they were the working people.

The Left’s advocacy of mimicry was not without its benefits. It brought itself some popularity amongst middle class Guardian readers and progressive Jews.  But the current outburst of tribalism suggests that our society is changing direction. Society may never be the same, and this may be a very positive occurrence.


Gilad Atzmon was born in Israel in 1963 and had his musical training at the Rubin Academy of Music, Jerusalem (Composition and Jazz). As a multi-instrumentalist he plays Soprano, Alto, Tenor and Baritone Saxes, Clarinet and Flutes. His album Exile was the BBC jazz album of the year in 2003. He has been described by John Lewis on the Guardian as the “hardest-gigging man in British jazz”. His albums, of which he has recorded nine to date, often explore political themes and the music of the Middle East.

Until 1994 he was a producer-arranger for various Israeli Dance & Rock Projects, performing in Europe and the USA playing ethnic music as well as R&R and Jazz.

Coming to the UK in 1994, Atzmon recovered an interest in playing the music of the Middle East, North Africa and Eastern Europe that had been in the back of his mind for years. In 2000 he founded the Orient House Ensemble in London and started re-defining his own roots in the light of his emerging political awareness. Since then the Orient House Ensemble has toured all over the world. The Ensemble includes Eddie Hick on Drums, Yaron Stavi on Bass and Frank Harrison on piano & electronics.

Also, being a prolific writer, Atzmon’s essays are widely published. His novels ‘Guide to the perplexed’ and ‘My One And Only Love’ have been translated into 24 languages.

Gilad Atzmon is a regular columnist for Veracity Voice

Visit his web site at http://www.gilad.co.uk

Back In The Red

May 30, 2014 by · Leave a Comment 

“I liken the economy to a car on a flat road that has no momentum. When you take your foot off the gas, the car just stops moving.” — Stephanie Pomboy, Interview Barron’s

If you follow the stock market, you probably think the economy is sizzling. But if bonds are your thing, then you probably think we’re still in recession.

So which is the better gauge of what’s going on in the real economy; stocks or bonds?

The bond market is more accurate. And recently, long-term yields have been dropping like a stone which is not a good sign for the economy. Investors seem to think that slow growth and low inflation are here to stay, and they could be right. According to Bloomberg, “Falling yields on longer-term Treasuries historically reflect periods of lackluster growth. Since 1960, they have predicted seven of the last eight recessions when 10-year yields fell below 3-month bill rates.” As of today, the benchmark 10-year UST is a dismal 2.44 percent.

The reason investors have been piling back into Treasuries is because is the labor market is weak and there’s no sign of inflation anywhere. When wages stagnate and incomes drop–as they have since the slump ended– then there’s no upward pressure on prices because everyone is making less dough, so there’s less demand, less growth and, hence, less inflation. Of course, Obama could have fixed the situation by holding off on slashing the deficits or by increasing the amount of stimulus in his fiscal package. That would have circulated more money into the economy boosting employment and revving up growth. But that would have put the economy back on its feet again which was not what he wanted. What he wanted was to grind working people into the ground by keeping the economy on life-support while his chiseling Wall Street buddies made out like bandits on the latest stock market bubble. The Wall Street Journal explains what’s going on:

“Bond yields are – once again – plunging worldwide. The reason for this revived buying among fixed-income investors is that central banks are – once again – signaling their intent to ease monetary conditions in yet another bid to kick-start sluggish economies and forestall a downward spiral in prices, or deflation. The prospect that central banks will continue to inject money into the world’s bond markets…has acted as a green light for the world’s bond buyers.”

So investors think the Fed will have to taper the “Taper” and start buying more government paper. But why?

Because they have no choice. Many of the usual buyers of US Treasuries have cut back on their monthly purchases or stopped buying altogether. That means that rates will have to rise to attract more buyers unless the Fed makes up the difference. Check out this blurb from Barron’s interview with Stephanie Pomboy:

“Foreigners are buying about $10 billion a month of Treasuries. This compares with deficit financing needs for the U.S. government of roughly $40 billion a month, based on this year’s deficit. So the Fed needs to pick up roughly $30 billion a month in slack. When the Fed slashed its buying to $25 billion, effective this month, it for the first time opened up a demand deficit for Treasuries. If they continue to taper, that gap will expand, and things could get bumpy in the Treasury market. Rates won’t go up five basis points before the Fed would start talking about more QE.” (Barrons Interview Posits Weak US Economy, Barron’s)

It’ll get bumpy alright, real bumpy. Higher rates will send housing and stocks into freefall. The Fed will have no choice but to step in to stop the bleeding.

The economy is already suffering from chronic lack of demand. Add higher rates to the mix, and cost-conscious consumers are going to cut back on everything from auto loans to nights-on-the-town. Yellen’s not going to let that happen. She’s going to come up with some cockamamie excuse for buying more USTs and hope-like-hell that wages and incomes rebound so she can start tapering again.

This illustrates the conceptual flaw in Central Bank policy. QE and zero rates are supposed to reduce the price of money, thereby enticing consumers to take out loans and spend like crazy. That, in turn, is supposed to generate more activity and stronger growth. But there’s a slight glitch to this theory, that is, consumers aren’t the brain-dead lab rats the Fed thinks they are. Most people don’t base their spending decisions on price alone. Sometimes, for example, it doesn’t make sense to borrow money no matter how cheap it is. The average working stiff doesn’t give a rip if he can get a loan at 3.5 percent when his credit card is already maxed out and the only job he can find is working graveyard at Jack in the Box. That guy doesn’t need more debt, he needs a decent paying job. Here’s how the managing partner of MBMG Group, Paul Gambles explained the phenom in an interview on CNBC:

“People and businesses are not inclined to borrow money during a downturn purely because it is made cheaper to do so. Consumers also need a feeling of job security and confidence in the economy before taking on additional borrowing commitments.” (Washington’s blog via Zero Hedge)

Bingo. Of course, the members of the Fed know that this whole “cheap money” thing is bogus, but they keep reiterating the same blather so they can keep the wampum flowing to their crooked friends on Wall Street. It’s worth noting that: since the end of the recession, “one-third of all income increases in this country went to just 16,000 households, 95 percent of it went to the top 1 percent, and the bottom 90 percent’s incomes fell, and they fell by 15 percent.”

In other words, the Fed knows exactly how QE works, (and who benefits) and it has nothing to do with extending credit to working people. That’s malarkey. It’s all about providing limitless liquidity for financial speculators so they can send stocks into the stratosphere and rake in record profits. Here’s a blurb from a piece by Zero Hedge that helps to illustrate what’s going on:

“According to the most recent CapitalIQ data, the single biggest buyer of stocks in the first quarter were none other than the companies of the S&P500 itself, which cumulatively repurchased a whopping $160 billion of their own stock in the first quarter!

Should the Q1 pace of buybacks persist into Q2 which has just one month left before it too enters the history books, the LTM period as of June 30, 2014 will be the greatest annual buyback tally in market history.” (Here Is The Mystery, And Completely Indiscriminate, Buyer Of Stocks In The First Quarter, Zero Hedge)

Why are companies buying shares of their own stock, you ask, when buybacks add no productive value to a company at all?

It’s because it gooses stock prices which makes shareholders happy. It’s a complete scam. And it’s a huge scam, too. Currently, total stock buybacks represent a whopping $4 trillion or 20 percent of the total stock market value. Just think of the walloping prices are going to take when these same shareholders decide it’s time to bail out? Look out below!

Now get a load of this clip from Action Forex:

“Disappointment over the pace of economic growth explains at least some of the downturn in yields. The U.S. economy very likely contracted in the first quarter of the year, perhaps by as much as 1.0% annualized … Even with a strong bounce back in the second quarter … – the average pace of growth in the first half of the year will be a tepid 2.0%, about the pace it’s been since the end of the recession…

The retrenchment in yields also reflects events abroad … However, there is perhaps another reason for the decline in yields that is more pernicious. There is the realization that even after the recovery has run its course, economic growth is likely to be slower than it has been in the past. Slower growth means that as the fed funds rate eventually moves off the floor, it will not go back to the 5.25% it was prior to the Great Recession or even the 4.0% it averaged over the quarter of a decade prior. Expectations of “lower forever”…increasingly appear to be built into longer-term interest rates.” (A year in the bond market, Action Forex)

Did you catch that part about “lower forever”?

What the author means is that the economy has reset at a lower level of activity and will not return to normal. This is an admission that the managers of the system have no intention of fixing what’s wrong; cleaning up the banks, writing down the debts, regulating the system, increasing workers buying power (boosting demand) or providing sustained fiscal stimulus until unemployment and growth are back where they should be. Instead, basic macro has been replaced with public relations, that is, a swindle that’s spearheaded by faux-liberal icons Krugman and Summers who are pushing the “secular stagnation” folderol which is just a lame excuse for maintaining the status quo plus a few anemic add-ons, like infrastructure projects. Big whoop. It’s all a fig leaf for maintaining the same wealth shifting monetary policies that are in place today.

So this is it? Are we really doomed to a future of high unemployment and slow growth?

The IMF seems to think so. Here’s an excerpt from an article by Nick Beams which gives a rundown on a recent IMF report that was ignored by the media. The article is titled “No end to economic breakdown”:

“Almost six years after the eruption of the global financial crisis, the International Monetary Fund has effectively ruled out any return to the economic growth rates that preceded September 2008.

Two major chapters of the IMF’s World Economic Outlook … provide a gloomy assessment of the state of the world economy. In the advanced economies, investment is falling as a proportion of gross domestic product (GDP), while in the “emerging markets,” there is no prospect for growth rates to return to pre-2007 levels.

The IMF notes that real interest rates have been declining since the 1980s and are “now in slightly negative territory.” But this has failed to boost productive investment. On the contrary, what it calls “scars” from the global financial crisis “have resulted in a sharp and persistent decline in investment in advanced economies.” Between 2008 and 2013, there was a two-and-a-half percentage point decline in the investment to GDP ratio in these countries. The report adds that ratios “in many advanced economies are unlikely to recover to pre-crisis levels in the next five years.”

This conclusion is of immense significance given the critical role of investment in the functioning of the capitalist economy … Investment…is the key driving force of capitalist economic growth … But if investment stagnates or declines, the circle turns vicious. This is what is now taking place.” IMF report: No end to economic breakdown (april), wsws

So no return to normal, after all. The American people are now facing a long period of high unemployment and slow growth that will shrink the middle class and change the country in ways we can hardly imagine. It’s unavoidable. It’s the policy.

NOTE: As this piece was going to press, the Wall Street Journal announced that “revised” First Quarter GDP contracted at a 0.6% annual rate. So while stocks have been setting records almost daily due to the massive injections of money from the Fed, the economy is steadily sliding towards recession.


Mike Whitney is a regular columnist for Veracity Voice

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

Showdown In Ukraine: Putin vs. Comrade Wolf

May 22, 2014 by · Leave a Comment 

“Comrade Wolf knows who to eat, and he eats without listening to anyone.” – Russian President Vladimir Putin referring to the United States…

The Ukraine crisis has its roots in a policy that dates back nearly 20 years. The origins of the policy can be traced to a 1997 article in Foreign Policy magazine by Zbigniew Brzezinski, titled “A Geostrategy for Eurasia.” The article makes the case that the United States needs to forcefully establish itself in Central Asia in order to maintain its position as the world’s only superpower. While many readers may be familiar with Brzezinski’s thinking on these matters, they might not know what he has to say about Russia, which is particularly illuminating given that the recent uptick in violence has less to do with Ukraine than it does with Washington’s proxy-war on Russia. Here’s what Brzezinski says:

“Russia’s longer-term role in Eurasia will depend largely on its self-definition…Russia’s first priority should be to modernize itself rather than to engage in a futile effort to regain its status as a global power. Given the country’s size and diversity, a decentralized political system and free-market economics would be most likely to unleash the creative potential of the Russian people and Russia’s vast natural resources. A loosely confederated Russia — composed of a European Russia, a Siberian Republic, and a Far Eastern Republic — would also find it easier to cultivate closer economic relations with its neighbors. Each of the confederated entitles would be able to tap its local creative potential, stifled for centuries by Moscow’s heavy bureaucratic hand. In turn, a decentralized Russia would be less susceptible to imperial mobilization.” Zbigniew Brzezinski, A Geostrategy for Eurasia, Foreign Affairs, 76:5, September/October 1997.

So is this the goal of US policy, to create “A loosely confederated Russia” whose economy can be subsumed into America’s market-based system?

Notice how easily Brzezinski chops Russia into smaller, bite-size statelets that pose no threat to US imperial expansion. Brzezinski undoubtedly envisions a Russia that will sell its vast resources in petrodollars and recycle them into US Treasuries further enriching the corrupt rent-skimmers in Washington and Wall Street. He foresees a Russia that will abdicate its historic role in the world and have no say-so in shaping global policy. He imagines a compliant Russia that will help facilitate US imperial ambitions in Asia, even to the point where it will pay to police its own people on behalf of US oligarchs, weapons manufacturers, oil magnates, and 1 percenters. Here’s the paragraph in Brzezinski’s piece that sums up Washington’s objectives in Ukraine, Russia and beyond. It is fittingly headlined with the following words in bold print:

TRANSCONTINENTAL SECURITY

“Defining the substance and institutionalizing the form of a trans-Eurasian security system could become the major architectural initiative of the next century. The core of the new transcontinental security framework could be a standing committee composed of the major Eurasian powers, with America, Europe, China, Japan, a confederated Russia, and India collectively addressing critical issues for Eurasia’s stability. The emergence of such a transcontinental system could gradually relieve America of some of its burdens, while perpetuating beyond a generation its decisive role as Eurasia’s arbitrator. Geostrategic success in that venture would be a fitting legacy to America’s role as the first and only global superpower.” Zbigniew Brzezinski, “A Geostrategy for Eurasia,” Foreign Affairs

Translation: The United States will police the world, dispatch troublemakers, and eliminate potential threats wherever it finds them. It will impose its neoliberal dogma (Austerity, privatization, structural adjustment, anti labor reforms, etc) across-the-board and on all participants. Also, minor partners–”Europe, China, Japan, a confederated Russia, and India”–will be expected to provide security for their own people at their own expense in order to “relieve America of some of its burdens.”

Nice, eh? So you even have to pay for your own jailers.

And what is “Transcontinental Security” anyway? Isn’t it just a fancy way of saying “one world government”?

Indeed, it is. It’s the very same thing. Here’s more from Brzezinski:

“Failure to widen NATO…would shatter the concept of an expanding Europe… Worse, it could reignite dormant Russian political aspirations in Central Europe.”

This is an oddly convoluted statement. In the first sentence, Brzezinski supports the idea of an “expanding Europe”, and then in the next breath, he worries that Russia might want to do the same thing. It’s another case of the pot calling the kettle black.

What’s clear, is that –in Brzezinski’s mind– EU and NATO expansion will help Washington achieve its hegemonic aspirations. That’s all that matters. Here’s what he says:

“Europe is America’s essential geopolitical bridgehead in Eurasia…A wider Europe and an enlarged NATO will serve the short-term and longer-term interests of U.S. policy… A politically defined Europe is also essential to Russia’s assimilation into a system of global cooperation.”

“Bridgehead”? In other words, Europe is just a means to an end. But what would that “end” be?

Global domination. Isn’t that what he’s talking about?

Of course, it is.

What makes the Ukrainian crisis so hard to understand, is that the media conceals the policy behind the impenetrable fog of daily events. Once the fog lifts though, it’s easy to see who’s causing all the trouble. It’s the party that’s calling the shots from abroad, the good old US of A.

Putin doesn’t want this war and neither do most Ukrainians. The whole thing was conjured up by Uncle Sam and his minions to stop the flow of Russian gas to Europe, to push NATO further eastward, and to break the Russian Federation into little pieces. That’s what it’s really all about. And these madmen are willing to raze Ukraine to the ground and kill every living organism within a 3,000 mile radius of Kiev to get their way. After all, isn’t that what they did in Iraq? They sure did. And did I mention that, according to this week’s Wall Street Journal, “Iraq’s Oil Output Surged to Highest Level in Over 30 Years” with all the usual suspects raking in hefty profits.

The point is, if they’d did it in Iraq, they’ll do it in Ukraine too. Because what Washington cares about is constituents not carnage. Carnage they can handle.

Brzezinski is not the only one supporting the current policy either. There’s also fellow traveler, Hillary Clinton. In fact, it was Secretary of State Clinton who first used the term “pivot” in a 2011 article in Foreign Policy Magazine titled “America’s Pacific Century”. Clinton’s op-ed described a “rebalancing” plan that would open up new markets to US corporations and Wall Street, control the flow of vital resources, and “forge a broad-based military presence” across the continent. Here’s an excerpt from the text of Clinton’s seminal speech:

“The future of politics will be decided in Asia, not Afghanistan or Iraq, and the United States will be right at the center of the action.

As the war in Iraq winds down and America begins to withdraw its forces from Afghanistan, the United States stands at a pivot point. Over the last 10 years, we have allocated immense resources to those two theaters. In the next 10 years, we need to be smart and systematic about where we invest time and energy, so that we put ourselves in the best position to sustain our leadership, secure our interests, and advance our values. One of the most important tasks of American statecraft over the next decade will therefore be to lock in a substantially increased investment — diplomatic, economic, strategic, and otherwise — in the Asia-Pacific region…

Harnessing Asia’s growth and dynamism is central to American economic and strategic interests and a key priority for President Obama. Open markets in Asia provide the United States with unprecedented opportunities for investment, trade, and access to cutting-edge technology…..American firms (need) to tap into the vast and growing consumer base of Asia…The region already generates more than half of global output and nearly half of global trade. As we strive to meet President Obama’s goal of doubling exports by 2015, we are looking for opportunities to do even more business in Asia…

…as I talk with business leaders across our own nation, I hear how important it is for the United States to expand our exports and our investment opportunities in Asia’s dynamic markets.” (“America’s Pacific Century”, Secretary of State Hillary Clinton”, Foreign Policy Magazine, 2011)

“Harnessing Asia’s growth and dynamism is central to American economic and strategic interests and a key priority for President Obama”?

Does that sound like someone who wants to cultivate a mutually-beneficial relationship with their trading partners or someone who wants to move in, take over and run the show?

Washington’s plan to shift its attention from the Middle East to Asia is all about money. Clinton even says so herself. She says, “The region generates more than half of global output and nearly half of global trade…Asia’s markets … provide the United States with unprecedented opportunities for investment, trade, and…a vast and growing consumer base.”

Money, money, money. The upside-profit potential is limitless which is why Madame Clinton wants to plant Old Glory right in “the center of the action”, so US corporations can rake in the dough without fear of reprisal.

Brzezinski says the same thing in his magnum opus “The Grand Chessboard” Here’s an excerpt:

“A power that dominates Eurasia would control two of the world’s three most advanced and economically productive regions. A mere glance at the map also suggests that control over Eurasia would almost automatically entail Africa’s subordination, rendering the Western Hemisphere and Oceania (Australia) geopolitically peripheral to the world’s central continent. About 75 per cent of the world’s people live in Eurasia, and most of the world’s physical wealth is there as well, both in its enterprises and underneath its soil. Eurasia accounts for about three-fourths of the world’s known energy resources.” (Zbigniew Brzezinski, “The Grand Chessboard: American Primacy And It’s Geostrategic Imperatives”, page 31)

Get the picture? It’s a gold rush! Having successfully looted every last farthing from the battered US middle class and left the economy in a ghastly shambles, Brzezinski, Clinton and Co. are headed for greener pastures in Central Asia, home of the world’s largest oil producing nation, boundless reserves in the Caspian Basin, and zillions of voracious consumers who’ll need everything from I Pads to leisure wear, all graciously provided by US-owned corporations. Cha-ching!

So don’t get tripped up on the daily events in Ukraine. This isn’t a clash between pro-government forces and anti-government activists. This is the next big phase of Washington’s plan to conquer the world, a plan that will inevitably pit Moscow against the amassed military power of the United States of America. This is David vs. Goliath, Mother Russia vs. the Great Satan, Vladie Putin vs. Comrade Wolf.

Ukraine is just Round 1.


Mike Whitney is a regular columnist for Veracity Voice

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

Establishment Partisan Politics Protection Racket

May 18, 2014 by · Leave a Comment 

The enormous energy spent on analyzing candidates and predicting elections is time wasted when the actual decisions are predetermined before the voting takes place. Even excluding voter fraud from the final count, the party selection process has made the decision. The pretense that primaries reflect the will of the electorate deceives the registered voter, amuses the party insiders and benefits the advertisement and media moguls. Ideas, policy positions and core principles take a back seat to the art of spinning and negatively defining the opponent.

Rivals start within your own party. Therefore, it comes as no surprise that the Republicans Tighten Grip on Debates in 2016 Race.

“Party leaders want to tighten their grip on a presidential primary season they believe has grown unruly and too long. This year, the party moved to set the nominating calendar by scheduling the first four contests — Iowa, New Hampshire, South Carolina and Nevada — for February, allowing other states to begin voting in March and holding winner-take-all primaries starting March 15.

Taken together, these procedural steps could thwart an underfunded insurgent who needs the free exposure of televised debates and would be hurt by a series of rapid-fire contests in March that could be tilted toward an establishment-backed contender.

A few conservative stalwarts on the committee are nervous about the establishment’s consolidation of power over the primaries. “Do we want a committee of the national committee, which will surely be controlled by the national chairman, picking which candidates participate in all Republican presidential debates?”

This point is illustrated in the AP report RNC Changes debate Rules for 2016. “The RNC rules panel endorsed the creation of a 13-person committee that would limit how many presidential debates can take place and who can ask the questions. The full committee on Friday went along with that plan to ban candidates who participate in scofflaw debates from future RNC-backed sessions, by a 152-to-7 vote.”

Before the usual ceremonial indignation takes hold, ask yourself what is exactly sacrosanct about a stacked primary system that has little to do with an open contest. Patricians that make up the GOP establishment long ago graduated from the country club set.

Nonetheless, the bleeding hearts over at Salon would have you believe that the Democrats operate by different rules. Why Democrats need a primary, too offers advice why the anointed “Queen of Mean” that Rodman woman, would attain a benediction from going through an orchestrated charade before her canonization.

“Clinton would benefit from that input just as all incumbents and other party luminaries do, despite the fact that they would rather not have to have that fight. It is not good for a president to take the office without having taken the temperature of his or her supporters and understanding what they care about and what they expect. During a tempestuous period like this one, it’s even more important than usual. It would only be to her advantage to have a challenger who could bring forth those issues and allow the public to see them argued before she goes up against a Republican.”

Lost in the fervor of progressive rhetoric is that the Democratic Party is just as elitist as the Republicans are. Both operate as useful idiots and corporatist tools of a system that has long ago abandoned the practice of free enterprise.

Contrast this American version of a Punch and Judy show that has an elephant bully bemoaning the folk hero Robin Hood, who actually resembles an ass, with the exceptional Broadway Play, “The Best Man” by Gore Vidal. Watch the 1964 movie version and consider just how far the political system has collapsed in half a century.

The basic assumption in the play and movie is that the nominee of the Democratic Party will handedly beat their Republican opponent. Characterizing convention ballot voting by delegates as a genuine selection process may be strange to those who were raised on the myth that registered voters in a state primary really has a voice in the inauguration of the next President.

A system of party bosses and smoke room dealmakers, surely must be far worse from the televised mortifying pilgrimage and penitent self-flagellation that goes into winning the party’s nomination? Or, is it . . .

Remember the way the primaries served the faithful Democrats in 2008.

“According to news reports, Barack Obama and Hillary Clinton went out of their way to hold their long-awaited private meeting in a very specific location – not at Hillary’s mansion in Washington – but in Northern Virginia, which also just happens to be the scene of the 2008 Bilderberg meeting.The neo-liberal website Wonkette, which had previously ridiculed “conspiracy theorists” for ascribing power to Bilderberg, seemed to take a somewhat different tone when it made the connection between Obama and Hillary’s meeting and the Bilderberg Group.”

Orders from on high or more to the point, international deciders had their “heart to heart” with Hillary, passing her over, and giving her a maybe for 2016. George W. Bush liked to call himself the decider, but we all should know that decisions out of Skull and Bones are not based upon primary results.

Vidal’s screenplay portrayed a party convention as a real nomination fight. To whatever slime degree existed in the horse-trading to win delegates back then, the appearance in today’s selection makes no pretext of concealing the hidden hands behind picking the next President.

The partisan politics protection racket has but one goal; namely, serve and safeguard establishment interests of the elites, who really command the ultimate power. In addition to the Presidency, Congress shares broad similarities in their version of The Incumbent Protection Racket.

“In the U.S. House of Representatives, over the past five elections, incumbents have been re-elected at an average rate of 96 percent. According to my unscientific calculations, a congressman is more likely to be eaten by a polar bear while panning for gold in Key West than to be voted out of office.”

Serious challenges in Congressional district primacies are rare. The exception was in 2010 with the success of Tea Party candidates. However, such expression of the will of the people cannot stand in the polluted Potomac sewer that passes for representative democracy. Just look at the concerted efforts to sabotage populist support to retool the excesses in the federal government. Party Goers – What Do You Take With Your Tea?, indicates that all the sugar in the Caribbean will not prevent the political diabetes disease from going into shock. The bipartisan protection con knows how to close ranks among the political class.

“When main street middle class beleaguered taxpayers resonated that, the system was out of whack, the damage control team went into overdrive. This background helps to explain why the face of unprompted Tea Party individualism must be distorted, maligned and redirected.”

Great disappointment among Tea Party activists in the hostile welcome from establishment NeoCons has set in. The alternative to playing the no win beltway game provided in Dissecting U.S. Elections – the People vs. the Pols, best states the rational solution.

“What if a real grassroots national movement emerged that supersedes all ideology with a singular purpose – remove all careerist “pols” from office. Forget about the phony No Labels effort to diffuse popular disgust. The solution is to attract the very citizens who NEVER vote in elections.

A national campaign – No Confidence – would be the clear message that the arrogant confidence game crooks could understand.”

Drawing upon a universal appeal to break from the travesties of the two party frauds is necessary to register countrywide outrage. Only through vigorous dissention will The Meaning of Third Parties in America, bring the necessary pressure to collapse both the Democrat and Republican Parties.

“The solution to implement meaningful reform is to defuse the political power that is presently concentrated within the ‘Tweedle-dumb and Tweedle Dee’ parties. The notion that differences between them are based upon core principles, denies the unending descent into ‘collectivism’. The edges have varied shapes, but the centers are formed from the same sponge.”

You can always resolve that either party will never nominate “The Best Man”. If you are so delusional to believe that a woman is the answer in the oval office, look in a different direction. Elizabeth Warren the self-proclaimed Pinocchio-hontas, is a sorry excuse for an accomplished liar. Flush with law school disingenuous skills, this want-a-be feminine messiah would have you believe that Hillary is the New World Order’s favorite grandmother.

Nonetheless, fake opposition simply projects the image that there is a choice in candidates. Noam Scheiber, in the New Republic writes, “A Clinton-Warren matchup would have all sorts of consequences, none of them especially heartwarming. The most immediate is that Warren would probably lose.” Well so much for a contest between squaws, better suited for commitment to the Hiawatha Insane Asylum.Partisan politics is mostly a ruse designed to divert attention from service to the substantial interests of establishment globalists. The noise generated around campaigns and media coverage, ignores or conceals the existent deals that serve the real goals and intentions of the master puppeteers. The terminal lesson is that establishment politics treats the public as reservation squatters.


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

Technology And The Future of Jobs

May 17, 2014 by · Leave a Comment 

Quite a stir occurred with the academic presentation, How Technology Is Destroying Jobs, by Brynjolfsson, a professor at the MIT Sloan School of Management, and his collaborator and coauthor Andrew McAfee. Both “have been arguing for the last year and a half that impressive advances in computer technology—from improved industrial robotics to automated translation services—are largely behind the sluggish employment growth of the last 10 to 15 years. Even more ominous for workers, the MIT academics foresee dismal prospects for many types of jobs as these powerful new technologies are increasingly adopted not only in manufacturing, clerical, and retail work but in professions such as law, financial services, education, and medicine.”

“Perhaps the most damning piece of evidence, according to Brynjolfsson, is a chart that only an economist could love. In economics, productivity—the amount of economic value created for a given unit of input, such as an hour of labor—is a crucial indicator of growth and wealth creation. It is a measure of progress. On the chart Brynjolfsson likes to show, separate lines represent productivity and total employment in the United States. For years after World War II, the two lines closely tracked each other, with increases in jobs corresponding to increases in productivity. The pattern is clear: as businesses generated more value from their workers, the country as a whole became richer, which fueled more economic activity and created even more jobs. Then, beginning in 2000, the lines diverge; productivity continues to rise robustly, but employment suddenly wilts. By 2011, a significant gap appears between the two lines, showing economic growth with no parallel increase in job creation. Brynjolfsson and McAfee call it the “great decoupling.” And Brynjolfsson says he is confident that technology is behind both the healthy growth in productivity and the weak growth in jobs.”

Building upon this study, MSM provides a three part series on, Loss of middle-class jobs compounded by tech advances. The following admission by the technological behemoth should give pause for future generations.

“Most of the jobs will never return, and millions more are likely to vanish as well, say experts who study the labor market. What’s more, these jobs aren’t just being lost to China and other developing countries, and they aren’t just factory work. Increasingly, jobs are disappearing in the service sector, home to two-thirds of all workers.

The global economy is being reshaped by machines that generate and analyze vast amounts of data; by devices such as smartphones and tablet computers that let people work just about anywhere, even when they’re on the move; by smarter, nimbler robots; and by services that let businesses rent computing power when they need it, instead of installing expensive equipment and hiring IT staffs to run it.”

This reality is all around us, but the full impact yet appreciated, is that the cloud of computing is not increasing business employment for the main street economy. For more bad news look at the results from the Associated Press analysis of employment data from 20 countries in, Can smart machines take your job? Middle class jobs increasingly being replaced by technology, which found that “almost all the jobs disappearing are in industries that pay middle-class wages, ranging from $38,000 to $68,000. Jobs that form the backbone of the middle class in developed countries in Europe, North America and Asia.”

“In the United States, half of the 7.5 million jobs lost during the Great Recession paid middle-class wages, and the numbers are even more grim in the 17 European countries that use the euro as their currency. A total of 7.6 million midpay jobs disappeared in those countries from January 2008 through last June.”

The article then goes on to cite that more information now crosses the Internet every second than the entire Internet stored 20 years ago. Other examples note that:

  • The British-Australian mining giant Rio Tinto announced plans last year to invest $518 million in the world’s first long-haul, heavy-duty driverless train system at its Pilbara iron ore mines in Western Australia.
  • Dirk Vander Kooij’s furniture-making company in the Netherlands needs only a skeleton crew — four people. The hard work at the Eindhoven-based company is carried out by an old industrial robot that Vander Kooij fashioned into a 3D printer.

Soon to come are pilotless airliners joining the several Japanese rail lines already run by themselves. Add the smart utility meter deployment and soon the employee reader, banished to a wax museum, becomes just another sign of “so called” progress.

Missing in all this corporate excitement for slashing payroll is the indisputable fact that the general standard of living is dropping like a rock for the average family. Couple this deadly trend with the unnerving prospects forecasted by Bob Lord in, Our First Trillionaire: Only a Matter of Time.

“The unavoidable result: Wealth at the top is growing at a faster rate than aggregate wealth. That’s where the arithmetic comes in to play. If the wealth of one group within a nation grows at a faster rate than the nation’s aggregate wealth, that group’s share of the aggregate wealth must increase over time. That’s a mathematical certainty. And the level of subsequent wealth concentration has no limit.”

Technological development coupled with favorable political treatment is regularly the formula for massive accumulation of fortune. However, the horrendous social distortions that inexorably follows such distortions in income, much less the fact that the disappearance in living wage employment of the masses cannot be ignored without fundamental political upheaval.

Once innovated technology of a Henry Ford raised the living standards and was a benefit for society. Today’s objective is to remove or eliminate the middle class as the gap in meaningful employment widens. Added leisure time has no significance if spent on playing games on an IPAD, while living off welfare government programs.

Brynjolfsson and McAfee’s breakdown is a chilling look at a bleak future and the goodbye kiss to a populist beneficial economy.


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

Secession Movements Intensify

April 5, 2014 by · Leave a Comment 

All the attention over the epoch vote by Crimean’s to leave the Ukraine makes for a timely review of other separatist factions that are seeking a similar resolution. The List of active separatist movements in Europe is exhaustive. The immediate impression is that a pervasive discontent, shared by legions of subjects, who want independence and self-determination, will be hard to derail. When European autocratic and aristocrats ruled, the only option was revolution. Today the descendants of the old regimes still wheeled power under the guise of democratically elected authorities. However, separatist sentiment does not mean the same to every splinter group.

Examine Europe’s Latest Secession Movement: Venice, for a telling indicator.

“An organization representing a coalition of Venetian nationalist groups, held an unofficial referendum on breaking with Rome. Voters were first asked the main question -“Do you want Veneto to become an independent and sovereign federal republic?” -followed by three sub-questions on membership in the European Union, NATO, and the eurozone . . .

As the referendum’s organizers announced the results: 2,102,969 votes in favor of independence—a whopping 89 percent of all ballots cast—to 257,266 votes against. Venetians also said yes to joining NATO, the EU, and the eurozone.”

Note the significance of wanting to be part of NATO and the EU.

Next, look at the more widely reported effort, in the land of “Braveheart” William Wallace. Scottish secession remains unlikely, but momentum is with the schismatics provides a more stately viewpoint from the Commonwealth.

“After months of comfort for the pro-unionist ‘Better Together’ campaign, the most recent polls point to a tighter race with 40 percent of Scots supporting secession. With six months to go, the momentum appears to be with those seeking an amicable divorce.

Scottish independence would not lead to a republic. Queen Elizabeth II (I of Scotland) would remain head of state, a smart move by the ‘Yes’ campaign to de-radicalize independence and make the electorate feel more comfortable with a vote for change. The debate has therefore become more focused on incrementalism, with plans for an independent Scotland retaining both membership of NATO and the European Union, a common currency with the rest of the UK, and open borders.”

A video from the Carnegie Council gives a spin in Which Separatist Movements Will Succeed, which plays down the urgent motivation for “FREEDOM” for an evolutionary approach.

An essay out of Wharton, Is Secession the Answer? The Case of Catalonia, Flanders and Scotland, points out the obvious, while illustrating the problematic.

“It may seem paradoxical in an age of global communications, but the revival of regionalism “is a global phenomenon,” notes Jacob Funk Kierkegaard, a senior fellow at the Peterson Institute for International Economics, a Washington, D.C. think tank. Today’s high-speed technologies, including the Internet, “enable people to start a campaign and get out their message” quickly and repeatedly to like-minded people who might have harbored such desires in private.

Beyond its unique constitutional challenges, Catalonia faces another hurdle: The eurozone has a de facto veto over its independence. “If Catalonia becomes independent, will they [still] be part of the eurozone?” Kierkegaard asks, adding that, if Catalonia votes to secede, the EU response could be that “you will have to issue your own currency, and your banks will have no access to the European Central Bank. You won’t automatically have a seat on the ECB governing council.”

The Spanish situation, by contrast, the establishment would have you believe the militant Basques ETA nationalists harbor violent resolve. The YouTube Thousands March In Spain In Support Of ETA, reports that the EU labels this movement as terrorists. Therefore, it comes as no surprise that the Catalan Sovereignty Claim Blocked by Spain Constitutional Court, is but a spillover effort to discredit the Catalonia’s claim. “Sovereignty is “not contemplated in our constitution for nationalities and regions that make up the state” and no one can break the principle of the “indissoluble unity of the Spanish Nation,” the ruling said.Such illustrations, all exhibit unique local concerns and grievances, while sharing a basic distrust of national authority. What stands out is an anserine eagerness to remain part of the EU and NATO. This factor may be a distinctively European trait, which seems to be lacking in the proper understanding that the surrender of national authority to a body of central banksters, social technocrats and empire military mercenaries, is the fundamental cause of popular dissatisfaction.

Pat Buchanan in the article, Is Red State America Seceding?, provides numerous other European examples of discontent, then goes on to cite secession initiatives in the United States. It is striking that our countries unique experience has a shape difference from the blue-blooded patricians’ clashes that mark the history of Europe. Because of this difference, the indigenous cultures on the continent have never developed the same passion of individual liberty, which is inborn in the American revolutionary spirit.

Applying the same principles defended in the View from the Mount essay, Secession Movement Ready to Take Hold, would serve our European cousins well, in breaking up the EU and their NWO oppression.

“Governments fall, while a consensual nation state can still survive. With the destruction of an accepted traditionalistic national identity, time-honored heritage becomes the target of dictatorial “do gooders” who facilitate subjugation of independent self-governing states.

Blowing out the candles of federal absolutism is the imperative of our age. Secession is not a dirty word, but is an indispensable solution. Dissolving the union of the suppressed, under the auspices of the subverted elite, is the path to social freedom and human liberty.”

Libertarian and author L. Neil Smith argues, “What happened in America in the 1860s was a war of secession, a war of independence, no different in principle from what happened in America in the 1770s and 1780s.” Compare most of the secession movements in the 21th century as half measure efforts that are not willing to take on the yoke of the globalist central banking financial system. The lessons presented in the Radical Reactionary article, Representation, Secession and Taxation, should be applied and adopted by the European secession movements.

“As discontent rises and practical solutions evaporate, that dirty historic sentiment begins to bubble to the surface, SECESSION. Russell D. Longcore provides a standard, when secession is a vital and justified option that many would accept.”Secession should be solemnly deliberated by the elected representatives and the state citizens. Secession should be initiated at the moment that any state reaches the point at which it will no longer accept the despotic tyranny and laws coming from the US Federal Government in Washington, DC. Or, secession should be initiated upon a collapse of the Dollar, or the imposition by Washington DC of martial law in the event of social upheaval.”

secession2.jpg
Discontent is not enough to overthrow the tyrants, who have definitively proven, that a European Union based upon top down authoritarianism is a lawful substitute for locally ruled government based upon common ethics and cultural heritage.

The dramatic rise in opposition to the ruling elites is most encouraging in the eternal struggle against despotism. However, the European socialist welfare model has produced generations of soft stock and irresponsible subjects. Surrendering national sovereignty was the monumental failure of the post war era. Open borders to a confederation of dissimilar ethnic groups, attracts the disparate and incongruent, which builds even more pressure for secession.

As it stands today, the prospects for successful secession movements to attain their independence and autonomy are slim because each are fragmented. The correct and necessary element for separation, must be based upon, the dissolution of the European Union and the elimination of the central banking system, under the control of the international banksters.

Countries need to exercise their proper authority to coin their own currencies and maintain low taxation levels that fund minimum governmental functions.

While such a goal and objective is justified, the globalist controllers will not allow a serene exit from the monolith that they created. Marginal regional self-rule may eventually be reluctantly recognized, only if the basic leviathan structure remain intact and accepted by disgruntle camps. Notwithstanding, that approach can and will never bring about a restoration of national self-determination.

It is time for secession movements to unit and coalesce around a few fundamental principles, which they all share. The regional concerns are issues for local administration. Taking on the monster of globalist governance is a universal task.

Consequently, the undertaking domestically is to build ground swell defiance that moves past a modest grassroots opposition to incorporate the bulk of the rapidly declining middle class. This genuine moral majority must be willing to marginalize the federal government and restore the rightful authority of individual state jurisdiction.

If timid and docile Europeans are engaging in secession movements in such significant numbers, what is the excuse for industrious and energetic Americans from doing the same? This was the country for the home of the brave. Now is the time to restore that outlook with direct action.


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

Does A 100 Trillion Debt Total Matter?

March 15, 2014 by · Leave a Comment 

Debt is everywhere but it just does not seem to matter. Thanks to the folks at Zero Hedge, you get the account Global Debt Crosses $100 Trillion, Rises By $30 Trillion Since 2007; $27 Trillion Is “Foreign-Held” – “Total global debt has exploded by 40% in just 6 short years from 2007 to 2013, from “only” $70 trillion to over $100 trillion as of mid-2013, according to the BIS’ just-released quarterly review“. They make this assessment:

“Not surprisingly, given the significant expansion in government spending in recent years, governments (including central, state and local governments) have been the largest debt issuers (Graph C, left-hand panel). They mostly issue debt in domestic markets, where amounts outstanding reached $43 trillion in June 2013, about 80% higher than in mid-2007 (as indicated by the yellow area in Graph C, left-hand panel). Debt issuance by non-financial corporates has grown at a similar rate (albeit from a lower base).”

There seems only one valid conclusion drawing upon these figures. Whatever economic activity exists is based upon government expenditures and that corporations have lowered their interest rates on their outstanding debt. The former is most disturbing, while the latter, under normal circumstances, would offer a promise of an expanding economy.

Since the former middle class has endured the greatest loss of income and experiences a distinct lowering in their standard of living since the financial meltdown, the prospects of main street prosperity seems remote at best. Corporations, as a whole, have improved their balance sheets as they lower their debt service, accompanied with cost efficiencies and reduction in employee costs. The day of the upward mobility career looks like a distant memory for the working class.

Government employment is growing, but such a public sector economy never produces actual wealth. Only a disturbing burden of welfare obligations of all kinds and an increase in state debt comes out of this pattern of a false and unsustainable economy.

On the contrary, is that ultimate collapse inevitable when the paper financial system just keeps churning out a rise in the stated 40% increase in debt in just 6 years? Why not just continue the quantitative easing influx of funds to roll over past debt and purchase the new bonds needed to run the State/Corporate economy. If this irrational strategy is not working, why has the bottom not dropped out of the world economy?

This is a very sobering viewpoint that defies the normal predictability of mathematical consequences. Surely, there can be no debate that this 100 Trillion indebtedness will never be paid off. However, the political accommodations always seem to invent another rescue plan that prevents the wheels of commerce from stopping.

The reason why the elites are able to get away with this practice of delaying the inescapable is that they make the rules of how to elude the last constrains that would impose accountability. The financial game is like a moving target that never flies out of range. The quarry just changes direction and speed. Requirements for default are rewritten and the next imposition of austerity packages demands even more harsh burdens for the taxpayers. Net result from this tactic is that the purchasing power of all paper currencies loses value.

Possessing a monopoly on money means that this alarming world indebtedness only requires a periodic company bankruptcy that liquidates the stockholder equity or a governmental devaluation of its currency, which further impoverishes its citizen’s wealth.

Remember that the Bank of International Settlement is the central bank for all the other banksters’ own fiat fractional reserve branches. The essential question to investigate is why does every readjustment of national borders with the creation or demise of a particular country, immediately establish a national bank that conforms to the standards of the banksters’ financial system?

The obvious reason lies within the control of debt created currency. Not until every facet or deed of possessions is encumbered with a property lien, will the debt total be modified to superimpose a new financial order.

The uber-rich are not a function of amassing wealth alone. Titans of financial oppression are manipulators of the political banking system. Being part of the decisions that expropriate from the common-man and consolidates greater control under the auspicious of an evil elite, is the chart that needs to be tracked.

Funny money always buys fewer possessions. However, global indebtedness diminishes human freedom on a far more vast scale. While the economics of inconceivable debt defies intellectual acceptance, the absurdity of the geo-politics moves further to an institutional enslavement that is even more unimaginable to the naive laborer in a corporatist environment.

How many times have you heard soothsayers and investment guru’s forecast that the collapse is imminent? By all logic, they should be right. Nonetheless, there is to all intents and purposes, no end to the economic and governmental subjugation that continues uninterrupted.

Public and private debts are ultimately satisfied when insolvency turns into liquidation. Lawful and legal procedures do not apply when entire countries and economic alliances go on the chopping block. In the end, the trillions in unpaid debt instruments will continue to accrue interest from the theft of several billion peons that are afraid of resisting the established global order.

Economic prosperity is possible, but only after the chains of financial incarceration is broken. Within this zero interest rate backdrop, the acumination of untold fortunes grows as the people sink into a greater poverty. This plan is working well for the banksters.

Next, the winds of war are on the horizon to ratchet up another phony conflict in order to sell an even greater austerity to the public. It is very plausible that a 100 trillion measure will be but a long forgotten barrier when the gnomes of financial pillage ramp up their next rescue scheme.

Never underestimate the creative criminal wizardry of the central banksters to sell their next round of thievery or the gullibility of the masses to obey the dictates of outlaw governments.


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

You Are The Enemy

February 10, 2014 by · 2 Comments 

There is now a New American War.  It is inside America. It is called the “War on Terror”. The enemy is YOU!

It is a staged, Phony War that has been created by the International Zionist Crime Syndicate (IZCS).

This New War on Terror has an enemy. That enemy is the American People, You and Me.

Every Military Force needs an enemy. Without an ongoing or perpetual war, the War profiteers quickly go bankrupt.

In order to keep their profit stream going from war, war-profiteers need to create successive new wars or a significant threat of impending war.

Creating pretexts for these much needed wars is very hard work and quite expensive too. But war is a business, a very big business, and war-profiteers need to invest big money to make even more in return.

Members of Congress must be bought, and top Generals and Admirals of the Military High Command too.

This costs a great deal of hard cold cash, but that’s okay because the IZCS gets all it needs from fat US foreign aid to Israel, fat contracts with Israeli Defense providers, and fat donations from those wealthy zionist businessmen that the IZCS manipulates, guilts or shakes down.

At this point, a select group of 70,000 K-Street Lobbyists go to work distributing funds to get elected officials on Board. The several select Generals and Admirals are handled more covertly.

If this is not enough revenue to pay off the necessary officials, the IZCS gets the rest directly from its private Central Banksters who can create all the money they want digitally, anytime they want, and give it to tribal brothers or anyone else, anytime they want.

Of course the key thing here is a significant portion of these fat revenues are kicked back to the corrupt, bought and owned members of Congress who voted for them, and to select top Generals and Admirals of the High Military Command who support the IZCS intended proxy wars by America on their behalf.

Under President Obama’s Administration, for whatever reasons, the High Military Command has not been willing to take payoffs and favors and has not been blackmail-able by the IZCS.

[Note: this is a long article and one option is to read the caps first and then any areas you are interested in if you have time]

Here is the new game in the so-called American Defense Industry.  It is a stateside game and it involves magically transforming any and all innocent, Constitutional, law-abiding citizens into Domestic Dissenters, aka “Domestic Terrorists” or something close enough to declare war on “Potential Domestic Dissenters, aka “Potential Domestic Terrorists”. This is an occult, alchemical symbolic processing of the American people (aka “we the people”) into an defined domestic enemy that can be waged war against on many fronts–phone and email tapping, massive spying and infiltration of all domestic groupings, even neighborhood coffee parties or local church charities–you name it, everything.

This new redefinition of normal law-abiding Americans into “Enemies of the State” and its internal security apparatus as a threat to national security IS a magical conversion or transformation of the normal American Society, mainstream law abiding America, into a huge domestic national security market. This is all an horrendous BIG LIE.

Actually the real situation is just the opposite–it is the USG and specifically the Fusion Centers and the Department of Homeland Security run by perverts and enemies of “we the people” that are the real risk to the true and actual national security of America the republic and to all honest, law abiding, Constitutional Americans. And the USG and DHS and Fusion Center officials are nothing less than world class criminals committing both High Treason and Sedition against America the Republic. The USG has been hijacked and is being run by those who have turned everything upside down.

This redefinition of course involves placing cameras and microphones on almost every street corner in the light-poles and pulsed beam psychotronic generators in many street lamps, turned on full power during rush hour to sedate and subdue the populace in order to keep the masses in line.

Some say that the new Chairman of the JCS, General Martin Dempsey, is a breath of fresh air, a real American Patriot who honors his Oath to defend the US Constitution from all enemies foreign and domestic.

So far, General Dempsey has resisted major efforts to coerce him to support and engage in any new major American Mideast Air and Ground invasion (another American proxy war for Israel).

And many believe that our new Secretary of Defense Chuck Hagel is another America-firster who takes his oath to defend the US Constitution seriously also.

JCS Chairman Dempsey’s independence and commitment to America on this matter has elevated him to the status of a “rock star” in the view of many who appreciate his steadfastness, and he is regarded as a true America-firster.

Some experts view JCS Chairman Dempsey’s integrity and commitment to America the Republic as a major turning point, signaling the realization by the High Military Command that the 9/11 attacks were an inside-job, a false-flag attack run by the IZCS with the help of several Traitors within the USAF, JCS, and NORAD.

And that it also signals a shocking realization, for the first time, that most of the Institutions of the USG have been deeply hijacked by the IZCS and their Cutouts have included the Bush Cabal which is now struggling to maintain a thin hold on power.(1)

Obviously, Chairman Dempsey’s and Defense Secretary Hagel’s steadfast resistance to being manipulated by the IZCS into fighting another major Mideast ground and Air proxy war for Israel appears to be driving the IZCS to desperation.  So far these America-firsters are holding fast against any and all IZCS manipulations and pressure and doing an excellent job staying on course.

The IZCS knows that unless it gets another American proxy war in the Mideast for Israel, they are finished.  They also know that if the American masses ever start finding out that 9/11 was planned and controlled by those owned by the IZCS, they are done too.

Actually the 9/11 attacks of the IZCS were in a sense a going-for-broke gamble of everything they have against the House (America the Republic). There is a very strong new American Populism which is emerging rapidly as a spontaneous by-product of the world-wide Internet and the Alternative news it carries, which provides truth to the masses for the first time.

Top insiders know all the names of who did the 9/11 inside-job false-flag attacks and are are ready to testify if an independent prosecutor is assigned and a special Grand Jury is called, and appropriate  immunity agreements are offered for “coming clean”. At least one, Steve Pieczenik, MD, Ph.D., (former Assistant Secretary of State and father of many deep cover black ops, and also the main character in many Tom Clancy books) has already gone public and named names and has said he is willing to testify in a Federal Court as to who did it.(2) Obviously Dr. Pieczenik is another great American Hero.

Some top insiders close to to the High Command have suggested that America is so deeply hijacked by the IZCS that it will take some years of the actions of high officials like JCS Chairman General Dempsey and Defense Secretary Chuck Hagel to turn the tide and neutralize the rampant influence peddling of the IZCS over almost every member of Congress and many officials in the Department of Justice and the Alphabets.

Certainly the Department of Homeland Security is now recognized as a major IZCS beach-head inside America and part of a long term plan to establish a foreign controlled IZCS neo-Bolshevik military force inside America to Tyrannize, wage war against, and eventually serially mass murder most Americans.

This is why some top insiders refer to DHS as the New American Gestapo or Stasi.  Some see it now morphing into a New Red Cheka mass-murder machine for dispensing Bolshevik-style Red Terror and mass-murder to Americans.

The Cold War was a great boon to the defense Industry even though it never went hot anywhere but Korea and Vietnam, which were limited to prevent an all out nuclear exchange.

The first Iraq War (aka the Gulf War) under Bush1 resulted from covert trickery using Kuwaiti cross drilling, which was reported to Saddam Hussein by April Glaspie, who convinced him that the USG wouldn’t care if he invaded Kuwait to stop the theft of his oil from his main oil field. The second Mideast war was an Invasion of Iraq and Afghanistan to get even with the alleged perps who supposedly did the 9/11 attacks, but actually never were involved at all.

President Obama is now unwilling to deploy American troops in any major new American land war or massive air bombardment campaign in the Mideast. Nor is the current US Military High Command willing to allow it at this time. In order to appease the so-called Defense Industry and their lobbyists, he has apparently deployed numerous teams of “special operators” and mercenaries but these have been fighting terrorists supported by America, a self-defeating exercise.

He has also continued to deploy drones with air-to-ground missiles to mass murder numerous innocent women, children and non-combatants. All these Mideast and African wars are illegal, unConstitutional, undeclared and unprovoked.  They have been sold to the American People and the Congress based on the BIG LIE that they are preemptive strikes necessary to prevent any more 9/11 attacks.

The need for preemptive strikes to prevent terrorist attacks inside America is an obvious lie for numerous reasons. Anyone who examines all the available evidence on 9/11, including the BBC live TV announcement by Jane Standley that WTC7 fell to the ground 20 minutes before it happened (due to top MI-6 control officers forgetting about American Daylight savings time (too much personal coke use perhaps?).(3)

In addition, if DHS’s main concern is spying on normal Americans who dissent and crushing them because DHS believes they are “domestic terrorists or “potential Domestic terrorists” or “lone wolf” spontaneously emerging domestic terrorists, this obviates any lies about the need for preemptive foreign attacks. The reason?  Because DHS now claims that the emergence of these ordinary lone wolf domestic terrorists inside America is a spontaneous phenomenon, as well as a completely independent problem that has nothing to do with foreign terrorists in the Mideast.

And beside DHS allows open borders, “sanctuary cities” where illegals can not be checked for legal immigration status, given traffic tickets for minor violations, and must be granted drivers licenses and social security cards without any proof of residency. Plus, thousands of Mideast Immigrants are allowed in to America when there is already a shortage of jobs, and the Muslim Brotherhood is invited into the White House to meet with President Obama.(4)

It is obvious that as the major American Defense Contractors who are either owned or controlled by the IZCS have realized that American Mideast war efforts are waning and have worked hard to create their phony War on Terror, first in foreign countries and now in America.

They have worked hard to generate massive public fear in reaction to the 9/11 attacks in order to engender public support and vast expenditures of taxpayer dollars for a large national security market and internal security apparatus, like the Fusion Centers and its specialized assassination teams disguised as corporate or political protection squads, the DHS and the TSA with its Vipr Teams.

This phony, staged War on Terror has been very craftily engineered to be an unending war that will assure perpetual war profits for Defense Contractors and a perpetual supply of artificially created enemies inside America to feed that war. How is this possible you might ask?

This new War on Terror has been socially engineered to provide a continual stream of degradations and provocations against the average American, provoking many in a never-ending stream to resist, and causing them to be labeled dissenters.

Once they have been labeled dissenters they are put on a Department of Homeland Security (DHS) Main Core Terror Watch List, which top insiders know is a targeted assassination list for later eradication of all Freedom-loving Americans who want to restore the American Constitutional Republic.

At present the Main Core list has over ten million Americans on it, and it is growing every day with thousands of new additions. Get a ticket for a driving offense or any arrest (even if later proven innocent) and it is highly likely you will be placed on this Main Core Terror Watch and Assassination list.

If you have a prior drug arrest many years ago or any arrest, it is likely you have already been placed on this list. If a USG web troll or fusion Center Officer comes across any patriotic postings or anything they consider subversive like the East German Stasi, that poster will likely be placed on this list.

Over time these provocations are designed to result in a continuing stream of America dissenters that want to take their Republic back from the zionist hijackers and will meet DHS tyranny and force with the like. Any and all Dissenters are now being defined as “Enemies of the State”.

And anyone who wants to restore the American Republic will also be defined as a “Domestic Terrorist”. DHS is a terrorist group, hand assembled by American/Israeli dual citizen Traitors and is designed to tyrannize, capture and eventually be deployed against Americans to serially mass murder them.  This is why they have been called the New American Gestapo of the Neo-Bolshevik Red Cheka Terror Machine.

If you were a Ron Paul supporter or a Libertarian, you are likely on the Main Core list. If NSA routine scans of any and all of your digital emissions and have picked up enough key trigger words, then you have perhaps already been placed on the List. After all, Marcus Wolfe the former head of the East German Stasi, a vicious torturer and murder of innocent Germans, was hired as a USG consultant to set up DHS two years before he died.(5)

Note the recent admission by US Supreme Court judge Antonin Scalia that it is without question that the Prison Camps now being built by the USG will eventually be used just like they were in WW2 when innocent Japanese Citizens were wrongly captured, completely asset stripped and placed in USG Prison Camps. (6)

President Eisenhower was an insider placed in position by the Rockefellers early in his Military career and eventually propelled into the Presidency by them. But even Ike started being bothered by strong pangs of Patriotism and became alarmed at the undue influence of the Military Industrial complex over Congress. In his final public speech as President, he delivered a warning to Americans.

Ike never imagined that the Israelis would serve as the chief action agent for the City of London zionists and would eventually hijack, buy off, bribe, compromise or honey-trap almost every single member of Congress and also use their vast Central Bankster and manipulated donor funds to hijack almost all American defense and Intel contractors and American communication companies, many of which have been moved to Israel or have been located there in the first place.

Originally his speech included the phrase Military, Industrial, Congressional Complex.  He took out “Congressional” after his political aides informed him that this could end up harming the Republican Party. When he referred to “Military” in the phrase “Military Industrial Complex”, he was actually thinking of the whole new peacetime defense Industry, which was driving the Military Industrial Complex and formation of a permanent armament industry.

Ike became concerned that this permanent armament industry could assert undue influence on the American political process and could hijack American society and harm its spiritual character.

Disarming the public is a key goal of the IZCS for everyone in America but them and their stooges at the DHS and the Alphabets or their militarized police now trained by the ADL.

Many Police Chiefs are taken to Israel on all-paid Anti-Terror training Junkets where they drink the Kool-aid and are subjected to some of the most sophisticated Psi powered and Psychotronic mind-kontrol ever deployed. In years past, many were given lavish gifts and provided personal escorts of their age and choice. Perhaps this practice continues?

Any Tyrannical Government must always get rid of we the people’s guns in order to be able to stay in power and concentrate it. A major goal of any tyranny, like what we have in IZCS-hijacked America now, is to gain maximum power by eliminating (as in serial mass-murdering) all political opponents and dissenters. Doubt this? Then check world history the last couple of hundred years.

The USG and DHS is now ramping up the militarization of the Police of American Cities and Suburbs under DOD Program 1033 under the ‘Transfer of Excess Military Property to Local Police Program”.

According to a video from ‘TheLipTV’, “Over the last decade, we have seen over 5,000 people killed by police in the United States,” when “4,489 soldiers have been killed since the beginning of the Iraq war. Since 9-11, you are 29-times more likely to be killed by a police officer than you are by a terrorist.”(7)

Most local urban and suburban police departments have been “militarized”, that is, received heavy armament including armored cars, MP5 and M-16 fully-automatic machine guns, grenades, grenade launchers and ballistic shields.

We the people are the new enemy of the militarized police. The police were set up to “protect and serve”, but their new mission is to wage war against “we the people” on behalf of the IZCS and the ADL.

Every military force must have a designated enemy. The common American is the new enemy of the now militarized police in their new war against Americans on behalf of the IZCS and the ADL.

Whether they realize it or not, the ADL has trained most police to view most Americans (we the people) as the enemy of the police and the Nation State. Ever attended a police training seminar put on by the ADL? Often they hide who really is running it. It’s the biggest bunch of twisted, sick paranoid crap one can ever imagine, and all designed to make police trigger-happy murderers of any citizen who questions their authority in any way or questions any detainment or arrest. Yes, ADL training is a crafty set of lies that produces trigger-happy cops who believe there is a domestic terrorist hiding behind every bush who want to murder them so the police cannot go home to their family at night.

This paranoid belief system will eventually produce this result as a self-fulfilling prophecy, as police tyranny and trigger-happy police continue to murder the innocent and use grossly excessive force for minor offenses. Almost all police abuse of the citizen is delivered “for your own safety”, when that is another big lie.  It is done for the arrogance and authority complex of the police officer–an artifact of over 25 years of ADL training for your local police, who have almost all sold out to the feds in order to get military weapons and gear.  All in return for signing over jurisdiction to DHS and the Feds.

Police are instructed to “charge up” anyone who questions them in any way, and any slight hesitation must be met with false charges of assault and/or battery towards the officer. Officers are told, an arrestee can beat the rap, but they cannot get out of the “ride” (i.e. the arrest and hassle of it.) They are taught that this deters deviance and crime, when actually it provokes the American people to hate police officers.

The new militarized police have one new main function.  It is to continually provoke law-abiding, honest citizens with acts of selfishness and tyranny in order to “role force” them to act out so that “punishment” can be delivered.  The goal, especially with inner urban kids is to make sure they are sold all the drugs they want, in order to dirty them up and get them into the system for life. Big prisons are a private business–a very big business–and quotas or guaranteed imprisonment rates are in place to reduce costs.

Since the IZCS is actually functioning as a neo-Bolshevik political block with East German Stasi and Nazi undertones, this reveals the actual goal of DHS–to serially mass-murder all American dissenters and political opponents. Doubt this?  Then consider the purchase of over 2 Billion 40 Caliber hollow-point rounds and 7,000 M-16 fully-automatic (real assault rifles, not the mere look-a-like AR-15) and thousands of armored vehicles and armored booths, raised spy-towers and grenade launchers.(8) Many of these armored vehicles have been given to local police who have Police Chiefs who are Traitors to America the Republic in exchange for complete submission to Federal Jurisdiction of DHS.

Some of these traitors are just stupid and overly impressed by Feds or DHS Spooks, others have been paid off in very large cash donations (hundreds of thousands of USD in military duffel bags, untraceable CIA drug profits. Some have been sexually compromised by Pedophile or Honey Traps and then blackmailed into submission. Some have succumbed after being threatened or having their families threatened. This is the lowest scum-bag manipulation (aka Humint) ever deployed, and it is everyday stock and trade for the IZCS, the world’s biggest sexual compromisers, and pedophile and sex-slave operators.

Lessons of History: Any serious study of History quickly shows that war is a vehicle for a nation’s leaders to maintain control over their nation-states. The infamous Iron Mountain Report gave an inside glimpse of how the super-elite criminal Psychopaths running America thought about the need for ongoing war or a suitable state crisis to unify the society and solidify their control over society.

Wars are craftily engineered by criminal super-elites who rule nation-states and their advisers. There are various, crafty ways for a nation’s leaders to covertly start wars. The well-established standby is to stage False-Flag attacks and then wage war on the nation state or entity that you have framed for the attack that you did.

Another way to create a terrorist with a long and successful track record is to capture abandoned children in Mideast Countries, provide for their daily needs, while mind-kontrolling them to become terrorists with psychotic suicidal delusions of revenge toward what has been identified to them as their religious enemy which needs destruction to please their god.

The British, the Israelis, and the Saudi are experts at this, and American Taxpayers have unknowingly provided a large portion of the funding for this. One trick well known among intel insiders is the practice of acts of terror against the nation of the mind-kontrolled children to create an enemy for them to later attack in revenge.

Lots of American Taxpayer dollars were covertly dispensed to create and finance terrorists for future Mideast wars. American Intel has spent a great deal of money paying others,  such as the Israelis, to do this. Otherwise, American Intel has not been very successful themselves.  Their only real success is their arming, funding and training of the Mexican Drug Cartels and the training and deployment of the disgusting mass-murdering death squads in Central and South America, who murdered over one hundred thousand innocent women, children and young men.(9)

The 9/11 attacks were an inside job by the USAF and the IZCS. The staged Gladio-style False-Flag attack was the choice selected for the attack on the Twin Towers in NYC and the Pentagon in Washington, DC, on 9-11-2001. This attack was done by the USAF, under the authority of a zionist-controlled Criminal Cabal inside the JCS and the Secret Shadow Government (SSG).(10)

The 9/11 attack was planned, set up and run by NeoCon top Policy-Makers, Israeli Intel and their stateside Sayanims, utilizing a small criminal cabal inside the USAF, NORAD and the JCS. These are facts that can no longer be disputed by any reasonable person who has examined all the available evidence.

And it is exceedingly clear to any reasonable person who examines the pre-announcement of WTC-7 destruction that the whole attack was pre-scripted in London and Israel, and that WTC-7 was wired in advance with conventional demolition charges.

Typically, it takes a considerable amount of time and labor to wire up a building, which suggests complete access at the security level.  This means that since it was a federalized building, with CIA and NYC Emergency Center occupants, building security had to be involved one way or another. And now that it has been proved that WTC-7 was wired up beforehand and demo’ed on 9-11, this means the Twin Towers had to have been pre-wired, too.

The War on Terror is obviously a Phony. But it has been the greatest boon to the American Defense Complex ever, with many times more net American Taxpayer dollars spent on this war than any other war in history, including WW2 or the Vietnam War.

Another way to establish a war is to create and fund so-called foreign terrorist groups. This is a costly exercise that take years and can involve as much work as fighting a war.  Yes, creating terrorist groups is very hard and expensive work.

But enemies for necessary wars can be created if you have the technological help of a nation that has hundreds of years experience in creating its own enemies. This nation is the City of London (Financial District), a separate nation state like the Vatican, located within England.

There is a reason England has been referred to as “Perfidious Albion” for centuries. They have been known for their ability to instigate chaos inside nations they want to control by their standard well-developed strategy of “Divide and Conquer”. They are experts at creating long term provocations between different nations that have competing economic interests.

They do this in order to establish a beach-head from which to control the removal of natural resources and accrued wealth.

Remember the Opium Wars (Boxer Rebellions) where England brought opiate addiction to China as a covert act of war in order to recover all the silver and gold paid to import Tea, spices and silk from China? This was low intensity (covert) warfare that twice led to a short hot war.

The creation of the nation state Israel was created to serve as a long term provocation for numerous Mideast perpetual wars. This is why the Balfour Declaration was made, why the Nazi sent the “low Jews” to the labor camps, while the “High Jews” were able to either emigrate elsewhere or become collaborators like George Soros.

This is why the City of London created the New Israel and took land away from the Palestinians to set up a nation of Khazarian Judaic converts (aka “fake Hebrews”), a racially paranoid group mind-kontrolled to believe the delusion that they were of ancient Abrahamic Hebrew Blood.

The IZCS believes in preemptive strikes against Goyim and their institutions. Judaics have also been mind-kontrolled by Zionists (many of whom are not Judaics at all) to believe that they must hijack the American political system to preemptively crush Christianity and American Goyim Culture.

And that if they didn’t succeed in this, they would be persecuted again, just like what they call the “holocaust”–translated from Old English as “a fiery sacrifice”.

This philosophy of striking first and eliminating the Goyim to prevent another “holocaust” from ever occurring” is a Bolshevik ideology based on the “End Justifies the Means”.

This paranoid strike-first obsession will produce push back and persecution eventually, thus serving as a self-fulfilling prophecy. Of course the Zionists who control Talmudic, Noahide Judaism know that the 6-million-dead figure is untrue, because this had appeared in the late 1800′s andearly 1900′s in Judaic literature long before the work camps of WW2.

New Genetics research exposes a vast, paranoid race-based delusion. Recent Johns Hopkins genetic research has shown conclusively that approximately 80% of the Palestinians are of Hebrew (Abrahamic) bloodlines, and approximately 90% of Judaic converts living in greater Israel are not of ancient Hebrew (Abrahamic) bloodlines. Thus, the world’s greatest anti-Semites appear to be Israelis who have stolen Palestinian land and continue to do so against all UN rulings and International Law.

The nation of Israel was set up as the private nation state and Tribal Intel front for the City of London Zionist private Central Banksters, to serve as a beach-head to control the production and distribution of Mideast oil. This delusion that the Khazarian Judaic converts were God’s Chosen People (ancient Hebrews from the Ten Tribes) was then en-cultured into these Judaics who were sent to Palestine and armed so they could use terrorism to expand their region of control.

Greater Israel has no real boundaries and is ever expedient, as Israeli militants keep taking land and murdering unarmed Palestinians.

A serious spell, a racial delusion of superiority has been cast on many Judaics no matter where they live, but especially so among those living in greater Israel, where the Luciferian Hex Flag flies. Whether true or not, the flag signifies the merger of demonic fallen angel Beast-Bloodlines from above, bred with Human female bloodlines below.

If we accept this Hex Flag at face value, does this mean that the top Zionists running the IZCS are perhaps alien/human hybrids, or at least claim to be in their own secret ceremonies that Stew Webb has exposed numerous times in articles and radio appearances over many years?

It is obvious that the IZCS has hijacked the US Department of State and the US Military Defense Complex as well as Congress. Listen to what Kay Griggs had to say about this.  She was married to a top USM officer and mind-kontrolled “wetboy” who became out of control and beat her and then tried to have her shut up. He and/or his controllers serious stalked and harassed Kay Griggs for years.

She went to live with Sarah McClendon for protection and was interviewed by Pastor Rick Strawcutter, which probably raised her profile so much that it saved her life.  Kay is another Great American Hero and is a courageous standup person, one of the best you could ever meet anytime, anyplace. If you get a chance, be sure and listen to her 8-hour video affidavit with Pastor Rick Strawcutter, who is another Great American Hero. You will be amazed and angered at who has been running the USG and the Military.(11)

Kay’s video affidavit is packed with insider secrets known only by top Intel insiders. How much do you want to know about what is really going on in the background? How much do you dare to pull the curtain back to expose the Wizard Of Oz (as in Ounce)? You will need a great deal of courage to handle what Kay Griggs reveals. By the way, a great deal of her testimony has been cross-corroborated by experts.  Any errors she makes are minor and not directly related to her main claims.

Two sides of the same coin: Of course those on the inside of the Ruling Cabal know that Nazi-ism and Zionism are two sides of the same coin and run by the City of London Central bank controllers. This entity is the Old Black Nobility (OBN), which prefers to stay in the background.

The IZCS controls Private Central Fiat, Fractional Reserve Banking: This reality that the IZCS owns and controls private Central Banking means that they have access to and can utilize Babylonian Money-Magick to make the money they need to control the USG officials and Congress from nothing.  This access provides vast sums of money in seemingly endless quantities.  Thus, they have access to all the cash they need to buy, own, compromise or blackmail almost every single Congressman/woman and Senator in America.

The serious down-side of this system of Babylonian Money-Magick is that it is based on fiat or fake-money with nothing but debt behind it. Actually this debt is imaginary, but has a stranglehold on most of the members of the societies it has hijacked. But it cannot go on without catastrophic readjustments, which will occur at some point.

A worldwide Web of Debt: The private Central Banksters in America have been so adept and successful at extracting wealth in America and all over the world, replacing it with debt, that nearly the whole world is now engulfed in extreme debt.

And this debt has now reached the point it cannot be paid off. This of course is the IZCS’s age-old plan which will result in massive chaos that engulfs the world and destroys all social systems, family systems, sex roles, and systems of government.

After this destruction of conventional society occurs, it is expected by the IZCS top leadership that a pure Luciferian NWO System will arise from the globalist framework they have put in place.  They expect this NWO System emerging from the ashes to be their Phoenix, like the legendary Phoenix of Greek and Roman mythology.

All this tidal wave of debt is phony and a big charade.  If all the people of the world unite, nationalize their monetary systems and declare all debt null and void, and if they assign all such debt directly to Central Banksters responsible for creating it, prosperity to “we the people” can return like it did to the Colonists who left England.

Babylonian Money-Magick has been used to create a debt based economy.  It does this by producing “onerous usury” and allows the easy transformation of “all the money created from nothing which is worth nothing at face value” into the vast amounts of ever-increasing wealth.  This wealth–fiat money–is covertly stripped from the common man these Banksters provide the money for and use as a means to extract real value and wealth from.

The Zionist IZCS vehicle used to gain control over almost every single member of Congress and to buy, compromise and control almost every top USG official and Judge, is the 70,000+ K Street Lobbyists, AIPAC and others who distribute the money to their marks, often through campaign contributions, cash to offshore accounts, and various other expensive luxury perks, such as ridiculously high honorariums for meaningless propaganda speeches.

And AIPAC, the ADL, the SPLC and the like are also zionist tools of espionage against America the Republic.

They should all be investigated by the FBI and fully prosecuted and convicted and sentenced for espionage by the Department of Justice. Note, espionage in many cases is a Capital Crime.

If the Rosenbergs were prosecuted, convicted and executed for their espionage against America, why should these IZCS Cutouts go free without identification and full prosecution?

These entities are really Intel fronts for espionage against America the Republic on behalf of the IZCS which includes the City of London zionist Central banksters, Israel, American NeoCons, and Israeli-American dual citizens who have betrayed America, putting Israel first over America.

Vast Funding for zionist Cutouts. These entities receive vast funding from the zionist Central Banksters and from the wealthy Judaic businessmen they shake-down or manipulate for large donations by playing on their paranoid tribal delusions.

These tribal delusions are that donations are necessary to prevent excessive antisemitism and future persecutions or “holocausts” by Goyims and Christians.

Many Judaics in America and elsewhere have been en-cultured with the false ideation that Nazi-ism was a Christian phenomena and Christians and Goyim must be destroyed.

This of course this is as far from the truth as possible because Hitler was a British Agent and Nazi-ism was created by the Tavistock Institute and the City of London Central Banksters and a counter-force to the Bolshevism they created and deployed in Russia in 1917.

What does the International Zionist Crime Syndicate (IZCS) run out of the City of London through its main Cutouts Israel and the hijacked USG attain? Obviously the IZCS’s unlimited funds and the fact it owns and/or controls almost every member of Congress and most USG officials and Judges, means that the ICS has been able to determine USG Policy.

It can do this because it owns and/or controls all USG top Policy-Makers, most of whom just happen to be outside of the visible USG and within the Secret Shadow Government (SSG).

Obviously the crimes of the IZCS and their espionage fronts like AIPAC, the ADL, SPLC and the like against the American Republic are far worse than the Rosenbergs.

Listed below are some of the IZCS crimes against America:

1. The NSA and all American Intel has been completely hijacked by the IZCS and all NSA intel data goes directly to Israeli Defense Contractors and Israeli communication Corporations that process all American phone calls and data transmissions. This means that the Five Eyes International Intel System is really a Six Eyes System controlled by Israeli Intel entities and proprietaries.

Thus, America has no real Intel, and Israeli Intel has control over all American politicians, judges and officials by use of this Intel for human compromise, blackmail and sophisticated mind-kontrol operations. Any time factions within American Intel agencies (there are 37 and growing) form opposition to the IZCS, this is readily discovered through Israeli Intel intercepts of NSA raw Intel and actions to neutralize such efforts are quickly deployed–whatever is required.

The conclusion here is that America no longer has any real Intel of its own–none at all–it is all compromised and hijacked by Israeli and City of London Cutouts and contractors.

2. Because the IZCS has hijacked all American Intel directly from NSA feeds, the IZCS has a long history of stealing American intellectual property and providing it to their corporations. The IZCS can also hijack American corporate bids and defeat them repeatedly until many companies go out of business.

3. The IZCS has compromised almost every single member of Congress, US Supreme Court Judges, most Federal, and almost every single USG official and American Intel Director.

4. The IZCS’s new DHS is a zionist terrorist front, a new Internal American Army that has been deployed against YOU as their NEW ENEMY. The IZCS has created and deployed DHS as the New American Stasi and a New American Neo-Bolshevik Red Cheka. It is controlled by an Israeli-American dual citizen who made millions of USD from selling unshielded X-ray machines to the TSA, which is creating numerous cancer clusters among TSA officers.

5. The principal goal of the IZCS in America is to deploy DHS to tyrannize and degrade Americans and then eventually to start a live “shoot to kill” war against ordinary Americans who organize to take their government back and restore the American Constitutional Republic. This tyranny by DHS is planned to culminate in serial mass-murder of up to 80% of Americans–one way or another.

6. The IZCS has set up and deployed AIPAC, the ADL, the SPLC and others to serve as agents of espionage inside America, to work to destroy its institution of government, dirty up Americans and to destroy the American Family, America’s language borders and culture and to destroy Christianity and Deism in general.

7. The IZCS has hijacked top factions in the CIA, DEA and other American Intel and uses them to traffick illegal narcotics and drugs into America to raise money for deep-cover covert ops.

8. The IZCS has compromised almost every major Urban and Suburban police Department, coercing them to sign secret transfer of jurisdiction agreements giving the Feds, DHS and the Fusion Centers complete jurisdiction in any matter they choose.  In return, they are bribed with “stolen” war materials, machine guns, rounds, armored cars and, even in some cases, grenade launchers.

9. The IZCS has stolen numerous loads of nuclear materials from US DOD contractors and refiners for their Dimona Plant and nuclear storage center.

10. The IZCS has used NSA-provided intel to murder hundreds of witnesses to their crimes and federal Whistleblowers. The rest that they don’t murder are watched and often become victims of targeted harassments, placed on DHS and Fusion Center “Terror Watch Lists”, “No-Fly” Lists and “No work lists”. Take the example of Ronald Reagan’s Secret Agent, the Great American Hero Lee Wanta who was instrumental in “bringing down” the Soviet Union. Lee Wanta has been wrongfully imprisoned, tortured, and endures ongoing harassment.

Or consider Mark Novitsky, another Great American Hero who refused to do wrong and coverup crimes while working for an NSA contractor. Both of these American Heroes have paid a terrible price for obeying the law and for putting the welfare of the American People first.

11. The IZCS has hijacked the America Monetary Production and Distribution System and transformed Americans into debt-slaves, drastically reduced the Middle Class and the standard of living, and done this by massive asset-stripping of American wealth and prosperity.

12. The IZCS has used its Cutouts to debase American culture, take the God of our Founding Fathers out of the schools and institutions where they had certain Bible verses and phrases etched in stone, destroy traditional male and female sex roles, destroy the family, promote sexual perversion, promote promiscuity and sexual irresponsibility and addiction, promote diversity and political correctness and illegal immigration and multi-culturalism.

13. The IZCS has completely compromised all of the Major Mass media, transforming it into a propaganda dispenser for the USG and the Central Banksters which are completely under their control. Thus the Major media is now the Controlled Major Mass Media (CMMM).

14. The IZCS has hijacked American seed companies and most major food processors and is in the process of deploying sophisticated GMO’s which will, over time, radically increase the death rate of Americans.

15. The IZCS has hijacked Big Pharma and Big medicine and has used it to deploy vaccines containing monkey viruses like SV40 and numerous harmful adjuvants like squalene and aluminum or formaldehyde, as well as so-called preservatives like ethyl mercury.

16. The IZCS has hijacked many large Insurance Companies and used them for its own designated purposes.

17. The IZCS has deployed contract aircraft through their hijacked intel groups like the CIA that are spraying toxic weather and eugenic substances in the atmosphere. They have also been able to covertly add these toxic substances to ordinary jet fuel.

Numerous samples of these substances have been collected by researchers and scientists who have had them analyzed.  What they found were toxic levels of nano-particulized aluminum, barium slats, Hemophilus Influenza, red blood cells, white blood cells, toxic molds, and other strange fiber like substances and compounds.

18. The IZCS has used its vast criminal networks and resources to launder its drug money by buying up large real estate entities and banks and is able to finance almost every new major corporate building with laundered drug money.

19. The IZCS has used a great deal of its money from illegal drug trafficking to build deep underground military bases (DUMBS). Some of these bases are claimed by top insiders to be joint ventures with alien entities and have special genetic labs involved in the development of alien ET/human hybrids.

20. The IZCS is the world’s top Mind-kontroller.  It has used hijacked American Intel and its defense contractors to develop and deploy advanced high technology for psychotronic, direct brain entrainment and sound-based subliminal mind-kontrol.

21. Israel used advanced mind-kontrol on those who accept its all-paid junkets. Visitors end up drinking their special Kool-aide and are hit with sophisticated psychotronics, becoming significantly mind-kontrolled to operate as functional zionists without even being aware of it.

22. The IZCS has created what they call the federal family. They have done this by creating Fusion Centers, the DHS, the TSA and numerous armed (previously unarmed) agencies like the Department of Education. Unduly large salaries and extremely liberal benefits have been provided, as well as a special anointing with authoritarian powers to kill with very little accountability if any, due to the War on Terror.

Many of these federal Family folks have been mind-kontrolled by shoulder-held constant on pulsed beam microwave radios and other highly advanced psychotronics, which increases their tendencies to tyrannize and become violent with the public and minimizes their ability to control violent impulses which may crop up.

23. The IZCS has militarized local police departments and many Sheriff’s departments. Their ADL provides most of the police training and drives a hard line against any public dissent, describing it as “domestic terrorism”. It controls what the Fusion Centers and DHS put out as war propaganda which labels the public as “Domestic Terrorists”.

Here is the first part of one of their confidential lists of Domestic Terrorists or Suspected Domestic Terrorists:  Catholics, Evangelical Christians, Veterans, Libertarians, Constitutionalists, Tax protestors, Gun owners…..These reports of course are pure ADL propaganda lies and complete smear jobs, all intended to provoke police and Federal Family officers to tyrannize and easily become violent with innocent ordinary Americans or anyone who decides to peacefully protest, an American Constitutional Right.

Remember that the operational goal of the top Policy-Makers who are tools of the IZCS is to provoke a full scale shooting war between ordinary Americans and their police and Federal family Members such as DHS.

Conclusion:  The IZCS has hijacked America and has deployed numerous weapons against it now culminating in a phony, staged War on Terror, and if you are an American or live in America, one way or another YOU will soon become THEIR NEW ENEMY. Yes, from here on out if you live in America, you are the designated enemy in this new War On Terror.

If you are a member of the federal family, it is suggested that you read and study up on the Night of the Longknives (Operation Hummingbird) and the various purges under Lenin, Stalin and Mao. Maybe you should reconsider the oath you took to UPHOLD the US Constitution from ALL ENEMIES, FOREIGN and DOMESTIC.

Now for some good news about all this.  Despite how bleak this all seems it is far from hopeless and American are beginning to wake up in mass. This is due to the worldwide Internet and the massive dissemination and diffusion of the alternative news.  Once facts are published they sink into the hearts of “we the people” with a certain resonance that makes them take hold.

It’s almost instinctive how truth sticks like glue in people hearts and minds and spreads like wildfire all around the Earth. At least 1% of the American population has woken up. Some estimates are 11%. Proof of this is the massive first time gun buyers, the massive sales of high powered handguns, rifles and 12 gauge shotguns and massive ammo sales.

Guns and ammo have literally been flying off the shelves the last several years and there have been serious ammo shortages due to the massive DHS and USG stockpiling of 40 Caliber Hollow Pints and M-16 ammo rounds.

Once 12% of the population wakes up a critical mass turning point will spontaneously occur and through various very strange mass societal changes will occurs and new very powerful, unstoppable populism will emerge and the IZCS will be driven out.

If they are stupid enough to take us into a live shooting war, Internal Civil War with mass killing, the public will suffer great losses but the Federal Family will split and it and the IZCS and any of their forces will be defeated.

All wars are always won by what is in the hearts and minds.  In America the American Spirit lives and is getting stronger every day. Soon the foreign filth and their Cutouts run by the Kingpins from City of London and Israel, the perps that have hijacked America, the IZCS, will be completely exposed, stopped, or routed out, one way or another.

And there is good evidence that many retired Intel Cowboys have gone back to work to bring the IZCS Beast down and destroy its grip on American Intel and private Central Banking. Some of the covert operators have long records of success and can create and use numerous different identities.

Many of these Intel Cowboys can use make up and make their own credentials to impersonate officers, draw military and USG paychecks from multiple sources, all at the same time and hack into any computer system anywhere in the USG or American Intel, anywhere anytime. Most of them just did not realize that the IZCS has taken control because of unlimited money provided by zionist Central Banksters and Judaic supporters.

And the best news of all is that more than a few seasoned Intel Cowboys that served the Bush Cabal at its center as well as the IZCS, have now woken up, pulled away from the Bush cabal and are targeting the IZCS with deep cover covert ops that would make your hair stand on end if you were allowed to know.

Some of these Intel Cowboys have now admitted that they were kept so narrowly compartmented that they did not realize the whole picture until the Internet and the numerous Federal Whistle-blowers coming forward and spilling the beans. the simple fact is this, the worldwide Internet and the alternative news it provides spreads truth like a wildfire that cannot be put out even with the application of military force.

The Internet is the New Gutenberg Press, the Achilles Heel of the IZCS.  The Internet will turn out to be the greatest trick in history played on the IZCS by the young men at Drapa.  They sold the Internet to the IZCS and its SSG promising the greatest spying and surveillance system imaginable.  Yes the IZCS got much of what was promised but also a very big hidden surprise which assures their complete exposure and destruction, piece by piece. And this disassembling of the IZCS is already well under way.

The IZCS is now in its death throes and is like a rabid, cornered dog.  That makes it very dangerous for the next year or two until it is completely defanged which is coming. If they use the Samson option which they have been threatening numerous nation-states with (they already used it on japan with the nukes planted in the sea bed and in the security camera on site because Japanese turned against them).

New factions within the Military High Command and the USN have already taken note and are working carefully in the background to defang Dimona by utilizing secret satellite activated back-doors in various hardware circuits.

During the height of the bush Cabal (Bush1) those Intel Cowboys that did know were arrested and jailed on trumped up charges to discredit any possible testimony before Congress or in the courts. Now that many have been informed of what really happened on 9-11-01, they are hopping mad that America has been hijacked and the Constitution and its Bill of Rights, and the Rule of Law has been suppressed and ignored by this world’s largest criminal cabal.

The IZCS attacks on America on 9-11-01 have proved to have been a “going for broke” attempt to build a expanded Israeli in greatest intended form. We now know that it was the greatest and final reckless mistake of Israel so far. Even far worse than Israel’s False-Flag attack on the USS Liberty in their attempt to draw America into a Mideast War at the time which even President Johnson, their crypto Judaic stooge refused.

And now many Americans have finally been informed that the Murrah Building attack as well as the first NYC Twin Towers attack using a 55 drum of cyanide stolen from Louis Champon’s Natural Cherrie Flavoring Plant in Boca Raton, Florida, financed by Dr. Ishan Barbouti, the IZCS Cutout that has died at least three times and always come back to life.

As few know, only the top NeoCons 911 Planners, Dr. Barbouti rose again and came back to life to assist with many of the 9/11 attacks subplots which were designed to provide numerous false leads. A few of the most Patriotic Intel Cowboys who have “traveled” very close to the very “top of the pyramid” now believe that Israel provided the anti-matter positron micro-nukes which were installed in the Twin Towers elevators approximately every ten floors.

Most retired Intel Cowboys had previously thought Israel was a supportive Intel partner but didn’t realize that Israel murdered 135 Americans on the Liberty ship as a False-Flag attack and also murdered another 3,000 humans being in NYC and at the Pentagon on 911, assisted by Traitors within the USAF, NORAD and the JCS.

Now that these Intel Cowboys know the truth, they have woken up and back at work serving America’s true “National Security”. I don’t know exactly what they will do but I would expect some very, very crafty covert moves to expose, drive the IZCS out of America or demo it irreparably if necessary.

References:

(1) http://www.veteranstoday.com/2013/11/10/was-ronald-reagan-the-last-duly-elected-president/

(2) http://www.youtube.com/watch?feature=player_detailpage&v=bU2n1UiY3I0

(3) Jane Standley BBC announcer, http://www.youtube.com/watch?feature=player_detailpage&v=ltP2t9nq9fI

(4) http://freebeacon.com/muslim-brotherhood-leader-meets-obama-in-white-house/

(5) http://thecommonsenseshow.com/2013/04/19/dismantle-the-department-of-homeland-stasi/

(6) http://www.informationclearinghouse.info/article37553.htm

(7) http://americanfreepress.net/?p=15289

(8) http://rt.com/usa/dhs-ammo-investigation-napolitano-645/

(9) http://www.washingtontimes.com/news/2011/aug/11/was-cia-behind-operation-fast-and-furious/

http://www.corbettreport.com/the-cia-and-the-drug-trade-eyeopener-preview/

(10) http://ehpg.wordpress.com/israel-did-911/

(11) Part 1: http://www.youtube.com/watch?feature=player_detailpage&v=1pyMMfqS6Kc

Part 2: http://www.youtube.com/watch?feature=player_detailpage&v=vdv8g6k2AP8

Part 3: http://www.youtube.com/watch?feature=player_detailpage&v=IJrKFkZ_uMo

Part 4: http://www.youtube.com/watch?feature=player_detailpage&v=U8r8-AHMgsI

Note: Kay Grigg’s video affidavit has numerous other backup versions.  Some have more than four parts and some additional material lost due to editing.

Source: Preston James | Veterans Today

Third World America’s Trade Agreements

February 10, 2014 by · Leave a Comment 

The corporate media would have us believe that the nation is in the midst of an economic recovery.

In the shadow of the approaching mid-term elections, the president cites the number of jobs created and speaks optimistically about America’s economic future. The future is indeed bright, but only if you are among the wealthiest one percent of the population.

For instance, since the 2007 recession, the greatest crisis of capitalism in 75 years, corporate profits have risen, CEO salaries and bonuses are at record levels and the stock market is soaring. By contrast, workers’ wages have stagnated for more than four decades, benefits are either few or non-existent, and workers are encumbered with debt that forces them to perform multiple jobs— if they can find them—in order to survive.

Jobs that offer long-term security and a living wage are scarce even for those with university degrees. Adjusted for inflation, today’s workers are worse off than they were in the late 1960s.

Whose economic recovery is this?

According to economic forecaster Gerald Celente, 90 percent of the jobs created in 2013 were part-time, most of them paying low wages and providing no benefits. Student loan debt exceeds $1.1 trillion, a number that surpasses the combined credit card liability of the nation.

These debts cannot be discharged through bankruptcy. The big banks and corporations that finance political campaigns have no such restrictions placed upon them.

Even the unemployment figures are deceiving. According to the latest government data, unemployment is at 6.7 percent. In reality, that number is probably closer to 17 or 18 percent, according to economist Richard Wolff.

The government does not count people whose unemployment benefits have expired or those who have given up looking for work. A cashier working 10 hours a week at Food Lion is counted as fully employed.

We have students, many of them burdened with immense debt, entering a job market that makes it difficult for them to earn a decent living. This is the economic minefield that workers across America must navigate. A little truth might help them find their way and comprehend why this is happening.

One of the many reasons we face such a bleak economic future is the implementation of Free Trade Agreements (FTAs).

In 1992, the North American Free Trade Agreement (NAFTA) was implemented between the governments of the United States, Canada and Mexico. NAFTA was fast-tracked through Congress by President H.W. Bush and signed into law by President Clinton. NAFTA was promoted in the commercial media as an engine for job creation in the United States, an assertion that is contradicted by the facts. According to Wolff, more than 700,000 jobs fled the country as the result of NAFTA, many of them providing middle class incomes and benefits.

Those jobs are never coming back. It is not just the number of jobs created that matter, it is the quality of those jobs that is a predictor of economic success.

Furthermore, the mass movement of U.S. corporations to Mexico wrecked the already struggling Mexican economy, particularly its sustainable, locally-based businesses. The situation initiated a mass migration of immigrant Mexican workers to the U.S. in search of better-paying jobs than were available to them in the homeland. Multinational corporations seeking a source of cheap labor and a climate of deregulation are the primary benefactors. The quantifiable effect that NAFTA has had on the U.S. workers is staggering job loss, reduced wages and increasing economic disparity.

Now, with the backing of corporate lobbyists, yet another FTA—the Trans-Pacific Partnership (TPP)—is being fast-tracked through Congress. Both Democrats and Republicans are enthusiastically backing the legislation.

The Electronic Frontier Foundation describes the process: “The Trans-Pacific Partnership is a secretive, multi-national trade agreement that threatens to extend restrictive intellectual property (IP) laws across the globe and rewrite international rules on its enforcement.” TPP is currently being negotiated between nine to 12 nations.

If enacted, TPP will permit privately-owned corporations to have hegemony over the governments of sovereign nations. For instance, if the state of West Virginia were to ban the use of genetically modified soybeans, Monsanto Corporation could either overturn the decision or extort billions of dollars in remuneration from their projected loss of profits. FTAs belligerently put corporate profits before the legitimate needs of the people and the welfare of the biosphere.

The implications for students and working class people will be profoundly detrimental.

Hundreds of thousands of jobs will flee the country, wages will fall yet again, autonomy will be lost, and the job market will resemble the wreckage of the Hesperus. FTAs are the means by which the power elite are turning the U.S. into a Third World economy.


Charles Sullivan is a free-lance writer, educator, and citizen activist residing in the Ridge and Valley Province of geopolitical West Virginia.

Charles Sullivan is a regular columnist for Veracity Voice

Cold War Politics In Sochi

February 9, 2014 by · Leave a Comment 

A geopolitically tense atmosphere prevails.

Security is extremely tight. It’s prioritized for good reason. Terrorist attacks are possible. Don’t discount potential Washington shenanigans.

Perhaps raining on Putin’s parade is planned. Obama may want him embarrassed. False flags are a longstanding US tradition. Will Sochi be Washington’s next target? The fullness of time will tell.

It’s a virtual armed camp. Measures in place are unprecedented. Around $2 billion was spent on security.

Ahead of February 6, around 23,000 personnel assured proper measures were in place as planned.

Tens of thousands of police officers are deployed. They’re backed by helicopters, drones, gunboats, submarines, and 70,000 Russian troops.

Hundreds of Cossacks are involved. They’ll check IDs. They’ll detain suspects. Sochi’s proximity to the North Caucasus raised concerns.

Islamist jihadists named it a target. They’re US assets. They’re used strategically. Washington used likeminded ones against Soviet Russia in Afghanistan.

Libya was targeted this way. They comprise America’s anti-Syrian proxy death squads.

Russia raised concerns after December Volgograd bombings killed 34 people. Were Washington’s dirty hands involved?

Is something similar planned for Sochi? Hegemons operate this way. America is by far the worst. Anything ahead is possible.

According to Sochi Organizing Committee chairman Dmitry Chernyshenko:

“Terrorism is a global threat, and for terrorism there is no boundaries, no territories, but here in Sochi from the very beginning of the construction phase the state authorities did their utmost to prepare special measures, starting from the screening of raw materials, checking all the venues and preparing far-reaching security measures to provide the safest ever environment here.”

A controlled zone was established. It covers 60 kilometers. It runs along the coast. It extends 25 kilometers inland.

It includes all venues. They’re heavily guarded. The entire area is for authorized visitors only.

Western anti-Russian sentiment persists. Cold War politics continues. Putin bashing is featured. He’s not about to roll over for Washington.

He wants rule of law principles respected. He opposes Western imperialism. He’s against meddling in the internal affairs of Russia, Syria, Ukraine and other nations.

He stresses Moscow’s “independent foreign policy.” He affirms the “inalienable right to security for all states, the inadmissibility of excessive force, and unconditional observance of international law.”

He and Obama disagree on fundamental geopolitical issues. Key is national sovereignty. So are war and peace. America claims a divine right to fight. Putin prioritizes diplomatic conflict resolution.

Disagreements between both countries play out in dueling agendas. Washington notoriously plays hardball. Putin protects Russia’s national interests. They’re too important to sacrifice.

US media scoundrels target him. They vilify him. They mischaracterize him. They call him a Russian strongman. They make all kinds of baseless accusations.

Lies, damns lies and misinformation substitute for truth and full disclosure. They want him embarrassed. They’re raining on his Sochi parade.

On February 6, the Financial Times headlined “Putin gambles all on creation myth behind Sochi.”

“I am particularly pleased to see what is happening here because I chose this place myself,” he said.

“It must have been in 2001 or 2002,” he added. “(W)e were driving around and arrived at this brook, and I said: ‘Let’s start from here.’ That’s how it all began.”

Putin staked much on the games, said the FT. George Washington University’s Sufian Zhemukhov said “(i)f all goes well, (he’ll) be seen as the leader who resurrected Russia.”

Failure perhaps won’t be forgiven, he added. His forthrightness for peace “made him a force on the world stage,” said the FT.

A January Levada Center poll showed he’d be elected today by a wide margin. At the same time, his overall support dropped.

Excluding undecided respondents, its “higher than ever.”

He’s taking no chances. He’s going all out to make Sochi successful. FT comments were tame compared to America’s media.

The Wall Street Journal headlined “The Putin Games.” He wants them to “showcase…modern Russia.”

“(H)e succeeded (but) not as he intended…What could go wrong?” Sochi is the most expensive Olympics in history.

Around $50 billion was spent. It’s five times the original estimate. It’s double what Britain’s 2012 summer games cost. It’s a fourth more than China spent in 2008.

Much of Sochi’s cost related to building vital infrastructure. It had to be done from scratch. Doing so added enormously to costs.

Major projects are expensive. According to Journal editors, “(t)he games are proving to be a case study in the Putin political and economic method.”

They claim billions of dollars “lost to corruption.” They provide no evidence proving it. They said “Russians call this Olympiad the Korimpiad.”

More Putin bashing followed. It’s standard scoundrel media practice. Journal editors feature it.

They claim he “made it impossible to hold his regime accountable through free elections or media.”

Fact check:

Russian elections shame America’s sham ones. They’re democratic. They not rigged. Monied interests don’t control them.

Outcomes aren’t predetermined. Russian voters decide. US ones have no say.

Don’t expect Journal editors to explain. Or how Voice of Russia and RT (formerly Russia Today) shame America’s corporate media.

They feature news, information and opinion viewers most need to know. They do it forthrightly. They’re polar opposite America’s managed news misinformation.

Truth is systematically suppressed. Demagoguery, propaganda, scandal, sleaze, junk food news, and warmongering substitute.

Journal editors ignore truth and full disclosure. Bias permeates their opinions. They betray readers. They shame themselves doing so.

They claimed billions spent on Sochi left it unprepared. They cite “unfinished hotel rooms, incomplete road work and now the famous photographs of two toilets in a single stall.”

RT.com responded. On February 6, it headlined “Spread fear, toilet humor? MSM guide to ‘Worst. Olympics. EVAR!” (Repeat: EVAR!)

Even before the opening ceremony, MSM scoundrels drew conclusions “Sports? Not really,” said RT. At issue is malicious Putin bashing. It’s longstanding practice.

It’s MSM’s “own Sochi 2014 moan-athon.” Imagine claiming something yet to occur the “worst Olympics ever.” They beat up on Beijing the same way.

They “never believed in Sochi,” said RT. They called its climate unfit for winter games. They cite corruption with no substantiating evidence.

They claim lax security despite unprecedented measures in place. They discuss possible terrorist threats. They leave unexplained what most worrisome – a possible disruptive US false flag attack.

It bears repeating. Perhaps Washington plans raining on Putin’s parade.

On August 7, 2008, hours before Beijing’s summer Olympics’ opening ceremony, Georgia’s Mikheil Saakashvili invaded South Ossetia. He did so at Washington’s behest. Attacking was strategically timed.

After Soviet Russia’s 1991 dissolution, South Assetia broke away from Georgia. It declared independence. It’s home to many Russian nationals.

Moscow responded responsibly. Conflict continued for days. Then President Medvedev was on vacation. Then Prime Minister Putin was in Beijing.

In half a day before Russia intervened, 1,700 people were killed. Included were 12 Russian peacekeepers.

Moscow was blamed for Georgian aggression. Does Washington plan something similar this time? Will a false flag attack occur?

Will Obama usurp a freer hand in Ukraine? Will he take advantage in Syria? Does he plan other mischief? Is disrupting Sochi planned?

Hegemons operate this way. Washington’s disturbing history gives Russia good reason for concern.

Preparations in Sochi aren’t perfect, said RT. “(F)laws and problems” exist. “But what makes the Sochi Olympics ‘the worst’ so far is…accommodation for the global media elite.”

“See it, slam it,” said RT. “Intrepid Olympic reporters, we thought, would get behind the scenes, unravel the PR.”

“Nope. Not this time. Of global importance were rooms (if they were available), toilets, floors, and shower curtains.”

“Oh – and a request to not flush toilet paper (it’s rarely done in public toilets) had the press pack throwing up.”

Washington Post reporter Kathy Lally was upset about “a tiny, tiny (hotel room) sink.”

It “sits atop an exposed white plastic pipe, stuck to the wall and surrounded by an unruly gob of caulk,” she said.

“The single room has two lamps – which don’t have light bulbs, but that’s okay because they aren’t near any unused outlets.”

Other journalists reported missing shower curtains, lamps, chairs, inadequate heat and hot water, and whatever else they wanted to cite to bash Putin.

Fox News called conditions “laughably bad.” It warned about event coverage being just as dreadful.

MSM scoundrels feature daily “hotel horror stories.” They regurgitate similar tweets to each other. They find new reasons to complain.

BBC journalist Steve Rosenberg tweeted about two sit-down toilets shown side-by-side with no partition. It went viral.

RT calls it a “must have” for every Sochi story. Imagine toilet humor substituting for real journalism. It gets worse.

Whatever is happening in Russia multiple time zones away gets reported. A Moscow school shooting creates Sochi shudders.

So does a derailed gas-laden freight train exploding. It happened 500 miles northeast of Moscow. It made Sochi headlines.

CNN connected Sochi to the September 2004 Beslan school siege. Its February 5 report said:

“Amid the shrill noise of militant threats ahead of the Sochi Olympic Winter Games, the gym in Beslan is now steeped in silence, a monument to the dead, untouched almost.”

Trashing Sochi bashes Putin. MSM scoundrels are deplorable. They disgrace themselves before dwindling audiences.

CNN and other US cable news networks report increasing to fewer viewers. Maybe one day they’ll all tune out.

RT called Sochi the “biggest construction site in the world over the past seven years.”

“Everything there – most of the hotels, sport venues, high-speed rail links, highways, 50 bridges, even the Olympic village itself – was built from scratch.”

It’s an extraordinary achievement in a short time. It’s almost like building an entirely new city in record time. Sochi deserves praise, not criticism.

Toronto Star reporter Rosie Dimanno wrote:

“Mounds of debris, parts of roads unpaved, mesh hoarding to hide the eyesore bits, lots of trash, unreliable power – nothing upsets journalists more than an internet that goes up and down – these have all featured in Olympics over the past three decades, as the Games have grown too big, too gaudy and too complicated.”

“The Olympics are no (place) for old sissies,” she added. “So I’ll take my own advice: Just chill.”

Most MSM scoundrels report as expected. They mock legitimate journalism. It’s verboten in America. It’s lacking in Canada. It’s largely absent in Western Europe. Managed news misinformation substitutes.

WSJ editors called Sochi “a shrine to authoritarianism.” They bashed Putin relentlessly. One bald-faced lie followed others.

“(T)he underbelly of Mr. Putin’s regime (was) exposed,” they claimed.

New York Times editors were just as bad. They headlined “A Spotlight on Mr. Putin’s Russia,” saying:

“(T)he reality of (his) Russia…conflicts starkly with Olympic ideals and fundamental human rights.”

“There is no way to ignore the dark side – the soul-crushing repression, the cruel new anti-gay and blasphemy laws, and the corrupt legal system in which political dissidents are sentenced to lengthy terms on false charges.”

Fact check

NYT editors have a longstanding disturbing history. They one-sidedly support wealth, power and privilege. Whenever Washington wages imperial wars or plans them, they march in lockstep.

They long ago lost credibility. They feature mind-numbing misinformation. They violate their own journalistic code doing so.

They invented anti-gay law controversy. Russian gay propaganda law has nothing to do with persecuting people for their sexual orientation.

Everyone’s rights are respected. Russia wants its children protected from malicious anti-gay propaganda, illicit drugs, alcohol abuse and whatever else harms them.

Responsible governance demands it. America leaves millions of children unprotected. Cutting food stamps alone denies them vital nutrition.

Don’t expect Times editors to explain. Or about thousands of political prisoners languishing in America’s gulag.

About torture being official US policy. About rigged US elections.  About impoverishing neoliberal harshness.

About destroying social America. About eliminating America’s middle class. About waging war on freedom.

About unprecedented levels of public and private corruption. About kleptocracy masquerading as democracy.

About out-of-control corporate empowerment. About Washington being corporate occupied territory. About crushing organized labor.

About commodifying public education. About ignoring international, constitutional and US statute laws.

About violating fundamental human and civil rights. About Obama’s war on humanity.

Bashing Putin takes precedence. Managed news misinformation proliferates.

Times editors report like other media scoundrels. MSM ones long ago lost credibility. They replicate the worst of each other.

They support what demands condemnation. They back wrong over right. Readers and viewers demand better.

MSM scoundrels don’t deliver. Sochi games run through February 23. Expect lots more Putin bashing ahead.

Stephen Lendman lives in Chicago. He can be reached at lendmanstephen@sbcglobal.net.

His new book is titled “Banker Occupation: Waging Financial War on Humanity.”

http://www.claritypress.com/LendmanII.html

Visit his blog site at sjlendman.blogspot.com.

The Final Swindle of Private American Wealth Has Begun

February 5, 2014 by · Leave a Comment 

I began writing analysis on the macro-economic situation of the American financial structure back in 2006, and in the eight years since, I have seen an undeniably steady trend of fiscal decline.

I have never had any doubt that the U.S. economy as we know it was headed for total and catastrophic collapse, the only question was when, exactly, the final trigger event would occur. As I have pointed out in the past, economic implosion is a process. It grows over time, like the ice shelf on a mountain developing into a potential avalanche. It is easy to shrug off the danger because the visible destruction is not immediate, it is latent; but when the avalanche finally begins, it is far too late for most people to escape…

If you view the progressive financial breakdown in America as some kind of “comedy of errors” or a trial of unlucky coincidences, then there is not much I can do to educate you on the reasons behind the carnage. If, however, you understand that there is a deliberate motivation behind American collapse, then what I have to say here will not fall on biased ears.

The financial crash of 2008, the same crash which has been ongoing for years, is NOT an accident. It is a concerted and engineered crisis meant to position the U.S. for currency disintegration and the institution of a global basket currency controlled by an unaccountable supranational governing body like the International Monetary Fund (IMF). The American populace is being conditioned through economic fear to accept the institutionalization of global financial control and the loss of sovereignty.

Anyone skeptical of this conclusion is welcome to study my numerous past examinations on the issue of globalization; I don’t have the time within this article to re-explain, and frankly, with so much information on deliberate dollar destruction available to the public today I’ve grown tired of anyone with a lack of awareness.

If you continue to believe that the Fed actually exists to “help” stabilize our economy or our currency, then you will never find the logic behind what they do. If you understand that the goal of the Fed and the globalists is to dismantle the dollar and the U.S. economic system to make way for something “new”, then certain recent events and policy initiatives do start to make sense.

The year of 2014 has been looming as a serious concern for me since the final quarter of 2013, and you can read about those concerns and the evidence that supports them in my articleExpect Devastating Global Economic Changes In 2014.

At the end of 2013 we saw at least three major events that could have sent America spiraling into total collapse. The first was the announcement of possible taper measures by the Fed, which have now begun. The second was the possible invasion of Syria which the Obama Administration is still desperate for despite successful efforts by the liberty movement to deny him public support for war. And, the third event was the last debt ceiling debate (or debt ceiling theater depending on how you look at it), which placed the U.S. squarely on the edge of fiscal default.

As we begin 2014, these same threatening issues remain (along with many others), only at greater levels and with more prominence. New developments reinforce my original position that this year will be remembered by historians as the year in which the final breakdown of the U.S. monetary dynamic was set in motion. Here are some of those developments explained…

Taper Of QE3

When I first suggested that a Fed taper was not only possible but probable months ago, I was met with a lot a bit of criticism from some in the alternative economic world. You can read my taper articles here and here.

This was understandable. The Fed uses multiple stimulus outlets besides QE in order to manipulate U.S. markets. Artificially lowering interest rates is very much a form of stimulus in itself, for instance.

However, I think a dangerous blindness to threats beyond money printing has developed within our community of analysts and this must be remedied. People need to realize first that the Fed does NOT care about the continued health of our economy, and they may not care about presenting a facade of health for much longer either. Alternative analysts also need to come to grips with the reality that overt money printing is not the only method at the disposal of globalists when destroying the greenback. A debt default is just as likely to cause loss of world reserve status and devaluation – no printing press required. Blame goes to government and political gridlock while the banks slither away in the midst of the chaos.

The taper of QE3 is not a “head fake”, it is very real, but there are many hidden motivations behind such cuts.

Currently, $20 billion has been trimmed from the $85 billion per month program, and we are already beginning to see what APPEAR to be market effects, including a flight from emerging market currencies from Argentina to Turkey. A couple of years ago investors viewed these markets as among the few places they could exploit to make a positive return, or in other words, one of the few places they could successfully gamble. The Fed taper, though, seems to be shifting the flow of capital away from emerging markets.

The mainstream argument is that stimulus was flowing into such markets, giving them liquidity support, and the taper is drying up that liquidity. Whether this is actually true is hard to say, given that without a full audit we have no idea how much fiat the Federal Reserve has actually created and how much of it they send out into foreign markets.

I stand more on the position that the Fed taper was actually begun in preparation for a slowdown in global markets that was already in progress. In fact, I believe central bankers have been well aware that a decline in every sector was coming, and are moving to insulate themselves.

Is it just a “coincidence” that the central bankers have initiated their taper of QE right when global manufacturing numbers begin to plummet?

http://www.agweb.com/article/us_stocks_drop_as_manufacturing_gauge_falls_more_than_forecast_BLMG/

http://www.bloomberg.com/news/2014-02-01/china-manufacturing-gauge-falls-to-six-month-low.html

Is it just “coincidence” the taper was started right when the Baltic Dry Index, a global indicator of shipping demand, has lost over 50% of its value in the past few weeks?

http://investmenttools.com/futures/bdi_baltic_dry_index.htm

Is it just “coincidence” that the taper is running tandem with dismal retail sales growth reports from across the globe coming in from the final quarter of 2013?

http://www.businessweek.com/news/2014-02-04/euro-is-near-10-week-low-before-retail-sales-data-ecb-meeting

http://www.scmp.com/business/economy/article/1421025/no-christmas-cheer-hong-kongs-retailers

http://business.time.com/2013/11/14/walmart-sales-dip-as-low-income-americans-close-wallets/

And, is it just a “coincidence” that the Fed taper is a accelerating right as the next debt ceiling debate begins in March, and when reports are being released by the Congressional Budget Office that over 2 million jobs (in work hours) may be lost due to Obamacare?

http://www.reuters.com/article/2014/02/04/us-usa-fiscal-obamacare-idUSBREA131B120140204

No, I do not think any of this is coincidence.  Most if not all of these negative indicators needed months to generate, so they could not have been caused by the taper itself.  The only explanation beyond “coincidence” is that the Federal Reserve WANTED to launch the taper program and protect itself before these signals began to reach the public.

Look at it this way – The taper program distances the bankers from responsibility for crisis in our financial framework, at least in the eyes of the general public. If a market calamity takes place WHILE stimulus measures are still at full speed, this makes the banks look rather guilty, or at least incompetent. People would begin to question the validity of central bank methods, and they might even question the validity of the central bank’s existence. The Fed is creating space between itself and the economy because they know that a trigger event is coming. They want to ensure that they are not blamed and that stimulus itself is not seen as ineffective, or seen as the cause.

We all know that the claims of recovery are utter nonsense. Beyond the numerous warning signs listed above, one need only look at true unemployment numbers, household wage decline, and record low personal savings of the average American. The taper is not in response to an improving economic environment. Rather, the taper is a signal for the next stage of collapse.

Stocks are beginning to plummet around the world and all mainstream pundits are pointing fingers at a reduction in stimulus which has very little to do with anything. What is the message they want us to digest? That we “can’t live” without the aid and oversight of central banks.

The real reason stocks and other indicators are stumbling is because the effectiveness of stimulus manipulation has a shelf life, and that shelf life is over for the Federal Reserve. I suspect they will continue cutting QE every month for the next year as stocks decline.  Will the Fed restart QE?  If they do, it will probably not occur until after a substantial breakdown has ensued and the public is sufficiently shell-shocked.  The possibility also exists that the Fed will never return to stimulus measures (if debt default is the plan), and QE stimulus will eventually be replaced by IMF “aid”.

Government Controlled Investment

Last month, just as taper measures were being implemented, the White House launched an investment program called MyRA; a retirement IRA program in which middle class and low wage Americans can invest part of their paycheck in government bonds.

That’s right, if you wanted to know where the money was going to come from to support U.S. debt if the Fed cuts QE, guess what, the money is going to come from YOU.

For a decade or so China was the primary buyer and crutch for U.S. debt spending. After the derivatives crash of 2008, the Federal Reserve became the largest purchaser of Treasury bonds. With the decline of foreign interest in long term U.S. debt, and the taper in full effect, it only makes sense that the government would seek out an alternative source of capital to continue the debt cycle. The MyRA program turns the general American public into a new cash stream, but there’s more going on here than meets the eye…

I find it rather suspicious that a government-controlled retirement program is suddenly introduced just as the Fed has begun to taper, as stocks are beginning to fall, and as questions arise over the U.S. debt ceiling. I have three major concerns:

First, is it possible that like the Fed, the government is also aware that a crash in stocks is coming? And, are they offering the MyRA program as an easy outlet (or trap) for people to pour in what little savings they have as panic over declining equities accelerates?  Bonds do tend to look appetizing to uninformed investors during an equities route.

Second, the program is currently voluntary, but what if the plan is to make it mandatory? Obama has already signed mandatory health insurance “taxation” into law, which is meant to steal a portion of every paycheck. Why not steal an even larger portion from every paycheck in order to support U.S. debt? It’s for the “greater good,” after all.

Third, is this a deliberate strategy to corral the last vestiges of private American wealth into the corner of U.S. bonds, so that this wealth can be confiscated or annihilated? What happens if there is indeed an eventual debt default, as I believe there will be? Will Americans be herded into bonds by a crisis in stocks only to have bonds implode as well? Will they be conned into bond investment out of a “patriotic duty” to save the nation from default? Or, will the government just take their money through legislative wrangling, as was done in Cyprus not long ago?

The Final Swindle

Again, the next debt ceiling debate is slated for the end of this month. If the government decides to kick the can down the road for another quarter, I believe this will be the last time. The most recent actions of the Fed and the government signal preparations for a stock implosion and ultimate debt calamity. Default would have immediate effects in foreign markets, but the appearance of U.S. stability could drag on for a time, giving the globalists ample opportunity to siphon every ounce of financial blood from the public.

It is difficult to say how the next year will play out, but one thing is certain; something very strange and ugly is afoot. The goal of the globalists is to engineer desperation. To create a catastrophe and then force the masses to beg for help. How many hands of “friendship” will be offered in the wake of a U.S. wealth and currency crisis? What offers for “aid” will come from the IMF? How much of our country and how many of our people will be collateralized to secure that aid? And, how many Americans will go along with the swindle because they were not prepared in advance?

Source: Brandon Smith | Alt-Market

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