Previous articles discussed Obama’s rogue agenda in detail. His destructive pattern continues unabated. Throughout his tenure, he did what supporters thought impossible.
He exceeded the worst of George Bush. His policies replicate Republican hardliners. Neocons infest his administration.
He’s waging war on humanity. He’s doing at home and abroad.
He wrecked America’s economy. He looted the nation’s wealth. He handed Wall Street crooks multi-trillions of dollars. He gave trillions more to war profiteers.
Other corporate favorites benefitted hugely. So did super-rich elites. Ordinary Americans struggle through protracted Depression level conditions.
Hard times keep getting harder. They persist. They show no signs of ending. Growing millions face impoverishment without jobs or futures.
Freedoms are disappearing in plain sight. Police state ruthlessness targets dissent. Abuse of power is institutionalized.
Multiple regime change fronts target foreign leaders. Independent ones aren’t tolerated. Obama wants Syria’s Assad replaced.
He’s waging proxy to oust him. He’s responsible for three years of bloody conflict. Mass slaughter, destruction and unspeakable human misery define it.
Millions of internally and externally displaced Syrians attest to his ruthlessness. War rages without end.
Peace talks are more pretense than real. Full-scale US intervention may follow their failure. They’re currently deadlocked. They’re going nowhere.
Syrians want their sovereign rights protected. Obama wants unconditional surrender. He wants pro-Western puppet governance replacing Assad. He wants similar stooges in charge elsewhere.
So-called Iranian nuclear talks may fail. Pursuing them is red herring cover for regime change.
Iran’s nuclear program is entirely peaceful. It has no military component. Washington hardliners claim otherwise. So does Obama.
Saying so flies in the face of hard evidence. Annual US intelligence assessments affirm Iran’s peaceful program. So do IAEA inspectors.
Regime change matters more. So does eliminating an Israeli rival. Perhaps Obama plans more war to do it. Maybe he intends manipulating nuclear talks to fail as pretext.
Maybe he’ll attack Iran jointly with Israel. Maybe he’ll risk regional war doing it. Imagine the unthinkable.
Imagine humanity threatening nuclear war. Bush administration’s 2001 Nuclear Policy Review asserted first strike nuclear policy strategy.
His 2002 and 2006 National Security Strategies reaffirmed it. In 2010, Obama’s Nuclear Posture Review was old wine in new bottles.
Rhetoric changed, not policy. Obama “reserves the right” to use nuclear weapons preemptively. He does so based on real or invented threats.
He does it against non-nuclear power states. His land/sea/air triad offensive can be activated on his call alone.
He can order bombs away against any country. He can claim preemptive defense against a nonexistent existential threat. He can risk mushroom-shaped cloud denouement doing so.
Total war risks what no responsible leader would dare. Obama waged multiple direct and proxy wars throughout his entire tenure.
He’s got other targets in mind. How many more millions will suffer on his watch? How many more will perish? How much more human suffering is too much?
America’s super-weapons include the Mother of All Bombs. It has globe-circling delivery systems. It has arsenal strength able to extinguish human life in hours. Days at most.
It’s perhaps lawless enough to try. Evolutionary biologist Ernst Mayr (1904 – 2005) said human intelligence doesn’t guarantee survival.
Beetles and bacteria stand a better chance than humans. They may become the only species ever to self-destruct.
Hubris produces bad endings. America faces the same fate as all previous empires. None survived.
America’s denouement may take humanity with it. Imagine having leaders willing to risk it. Imagine ending life on earth.
Waging war on Syria risks regional war. Attacking Iran risks the unthinkable. Plans were readied years ago. Updating followed.
Bombs away could happen with push button ease. Is Obama foolhardy enough to risk it?
Ukraine is targeted for regime change. The battle for its soul continues. Same old, same old reflects US policy.
Obama wants another independent leader toppled. He wants pro-Western stooge governance replacing him.
He wants opposition leader Arseny Yatsenyuk leading it. On Sunday, he addressed supporters publicly. He did so in Ukraine’s Independence Square.
President Viktor Yanukovych extended an olive branch earlier. Yatsenyuk rejected his offer to become prime minister. He’s forming his own government, he said.
He wants Ukraine’s 2004 constitution reinstated. It calls for combined parliamentary/presidential rule.
Obama wants Ukraine colonized for profit. He wants its resources plundered. He wants ordinary Ukrainians turned into serfs. He wants Russia increasingly weakened and isolated.
He’s in league with ultranationalist extremists. He’s involved in inciting continuing violent clashes.
He wants all former Soviet republics transformed into subservient US satellites. He wants America’s war machine encroaching on Russia’s borders.
Imagine challenging the only other nation able to match America’s nuclear might blow for blow.
Imagine the potential mother of all conflicts. Imagine the possible mother of all bad endings.
Imagine an irresponsible US leader willing to risk the unthinkable. Imagine bipartisan complicity doing nothing to stop him. Imagine strong anti-war sentiment absent on streets protesting.
Imagine America again getting away with mass murder. Imagine it on the most unspeakable of ugly scales.
Imagine risking humanity’s survival in the process. Imagine imperial madness exceeding everything preceding it.
Imagine targeting Venezuela at the same time. Imagine wanting Bolivarian social justice destroyed.
Imagine trying for the past 15 years to extinguish it. Imagine new schemes following failed ones.
Imagine wanting control of Venezuela’s vast oil reserves. They’re the world’s largest. Big Oil has its eye on the prize it covets.
Obama killed Chavez. He was either poisoned or infected with cancer causing substances.
Maduro believes he’s targeted the same way. He knows Obama wants him ousted. He wants fascist governance replacing him.
US manipulated violence continues on Venezuelan streets. On Sunday, President Nicolas Maduro addressed thousands of supporters.
“You want to see people in the streets? We’ll give you people in the streets,” he said. Thousands cheered him.
“I’m not going to give one millimeter of the power the Venezuelan people have given me.”
“Nothing will stop me from building this revolution which comandante Chavez left us.”
Maduro denounced protesters as coup d’etat fascists. Responsible parties will be prosecuted according to the full letter of the law, he said.
He accused former Colombian president Alvaro Uribe of fomenting unrest. He called him an “enemy of Venezuela.”
So is anti-Bolivarian fascist politician Leopoldo Lopez. He heads
Venezuela’s hard-right Voluntad Popular (Popular Will) party.
He incited violence. “There cannot be peace,” he said. A warrant was issued for his arrest.
He’s charged with murder, terrorism, conspiracy, incitement to crime, setting fire to a public building, damaging public property, public intimidation, and inflicting serious injuries.
Maduro called him “the face of fascism.” He threatens Venezuelan freedom. He’s against Bolivarian fairness. So are other likeminded extremists.
On Sunday, Venezuelan Minister of Interior and Justice Miguel Rodriguez Torres spoke publicly. He condemned opposition-provoked street violence.
“(V)andalism protests, he called them. Popular Will party extremists incite them. John Kerry issued an outrageous one-sided statement. In didn’t surprise. In part, he said:
“We are particularly alarmed by reports that the Venezuelan government has arrested or detained scores of anti-government protestors and issued an arrest warrant for opposition leader Leopoldo Lopez.”
“These actions have a chilling effect on citizens’ rights to express their grievances peacefully.”
He ignored Washington’s role in inciting violence. He condemned what he supports.
Doublespeak duplicity defines US policy. Kerry called on Venezuela’s government “to provide the political space necessary for meaningful dialogue with the Venezuelan people…”
He urged restoration of calm. He called “(f)reedoms of expression and peaceful assembly…universal rights.”
Venezuela “has an obligation to protect” them,” he said.
Bolivarian principles champion them. America systematically trashes rule of law principles. It’s waging economic, political and street clash war on Venezuela. Don’t expect Kerry to explain.
Obama has three years left in office. How many more independent governments does he plan to target?
How much more street violence will he cause? How many more wars will he wage? How much more carnage will follow?
How much longer will Americans tolerate his lawlessness? The only solution is nonviolent revolution.
Resisting tyranny is a national imperative. America’s Declaration of Independence endorsed it, saying:
“(W)hever any form of government (threatens) life, liberty and the pursuit of happiness…it is the right of the people to alter or to abolish it, and to institute new government.”
Jefferson, Madison and other notable Americans supported doing so. Tyranny is too unjust to tolerate. Good people are obligated to resist.
It’s a noble tradition. It’s a universal right for justice. It’s high time Americans got some. The alternative is perhaps perish.
Stephen Lendman lives in Chicago. He can be reached at email@example.com.
His new book is titled “Banker Occupation: Waging Financial War on Humanity.”
Visit his blog site at sjlendman.blogspot.com.
Al Nebek, Syria – Who authored the seemingly designed-to-fail UN Security Council Draft Resolution on delivering urgent humanitarian aid into the Old City of Homs and other besieged areas of conflict-torn Syria? When we know this, much may become clearer with respect to the cynical politicization of the continuing civilian suffering.
The draft resolution was put forward by Australia, Luxembourg, and Jordan, and according to a UN/US congressional source—one who actually worked on rounding up the three countries to front for the US and its allies—none was pleased with the decidedly raw and undiplomatic pressure they received from the office of US UN Ambassador Samantha Power.
When this observer inquired how such a poorly drafted, one-sided, adversary-bashing draft resolution could actually have seen the light of day and been submitted to the UN Security Council, the reply he received was terse: “Ask Samantha.”
Suspicions are being raised in Geneva, in Syria, and among certain UN aid agencies, in Homs and elsewhere, that efforts on behalf of those they are trying to save from starvation were ‘set-up’ to fail as a result of power politics and influences emanating from Washington and Tel Aviv.
This observer is not a big fan of conspiracy theories. No doubt it’s a personal congenital defect of some sort that makes him want to hear at least a modicum of relevant, prohibitive, material, non-hearsay evidence to support some of the wilder and internet-fueled claims ricocheting around the globe. However, some things are becoming clear as to what happened at the UNSC last week and why certain specific language was included in the resolution.
Ms. Power, it has been claimed by two Hill staffers who monitor AIPAC, owes her position as UN Ambassador to Israeli PM Netanyahu, who views her and her husband, AIPAC fund raiser, Cass Sunstein, as Israel-first stalwarts. Congressional sources claim the White House went along with her appointment so as not to provoke yet another battle—either with AIPAC’s congressional agents or the wider US Zionist lobby. As part of her continuing gratitude for her “dream job,” as she told an American Jewish Committee convention on 2/10/14 in New York, Ms. Power assured the AJC that the United States “strongly supports Israel’s candidacy for a seat on the UN Security Council, and we have pushed relentlessly for the full inclusion of Israel across the UN system.” Ms. Power is said to have assured AIPAC officials in private that evening that “one of Israel’s few survival reeds may be to grasp, in the face of rising anti-Semitism, a seat on the council.” Insisting that “there is growing and rampant hostility towards Israel within the UN, where a large number of member states are not democratic,” Ms. Power, continued” “I will never give up and nor should you.”
Following the standing ovation from her adoring audience, she repeated, according to one eye witness: “We have also pushed relentlessly for the full inclusion of Israel across the UN system.” What the Zionist regime still occupying Palestine knows, as does no doubt Ms. Power, is that the American public and increasingly even the US Congress is finally pulling back from the regime in favor of justice for Palestine. Thus the lobby’s strange reasoning that the UN system, where the American public is essentially absent, is increasingly important.
So what’s the problem with the US-mission-spawned Security Council draft resolution on Syria so dutifully submitted by three chummy and faithful allies?
Well, for starters, the resolution is DOA, as presumably every sophomore poli-sci, civics, or governance student would have recognized from the outset. The aggressive language—demanding the UNSC immediately take action by targeting only one claimed violator with yet more international sanctions—would have caused chaff and cringing among many, probably most. But even beyond that, Moscow, with a UNSC veto ready to use, sees the US-initiated draft as a bid to lay the groundwork for military strikes against the Syrian government, interpreting the language as an ultimatum: that if all this isn’t solved in two weeks then the Security Council will automatically follow with sanctions against the Syrian government.
As Russian Foreign Minister Lavrov told the media on 2/10/14, “Instead of engaging in everyday, meticulous work to resolve problems that block deliveries of humanitarian aid, they see a new resolution as some kind of simplistic solution detached from reality.”
The draft text, obtained by this observer from Reuters, expresses the intent to impose sanctions—on individuals and entities obstructing aid—if certain demands are not met within the next two weeks.
“It is unacceptable to us in the form in which it is now being prepared, and we, of course, will not let it through,” said Russian Deputy Foreign Minister Gennady Gatilov.
One diplomat in Syria, speaking on condition of anonymity, said Vitaly Churkin, Russia’s permanent representative to the UN, had told the Security Council on 2/11/14 that Moscow opposes some 30 percent of the original draft, but did not specify what which parts. He added, “We’re not aiming for a Russian veto, we’re aiming for a resolution that everybody can agree. That is what we want.”
For his part, President Obama, speaking at a joint news conference in Washington with French President Francois Hollande, kept up the pressure for the Security Council to accept the US resolution. He insisted that there is “great unanimity among most of the Security Council” in favor of the resolution and “Russia is a holdout.” Secretary of State John Kerry and others have “delivered a very direct message” pressuring the Russians to drop their opposition.
“It is not just the Syrians that are responsible” for the plight of civilians, but “the Russians as well if they are blocking this kind of resolution,” Kerry claimed. “How you can object to humanitarian corridors? Why would you prevent the vote of a resolution if, in good faith, it is all about saving human lives?”
Among international observers, the draft resolution is widely viewed as one-sided, condemning rights abuses by Syrian authorities, demanding Syrian forces stop all aerial bombardment of cities and towns as well as indiscriminate use of bombs, rockets and related weapons. It also, parenthetically and somewhat obliquely, condemns “increased terrorist attacks,” and calls for the withdrawal of all foreign fighters from Syria, but the latter language is believed to be aimed mainly at Hezbollah. Sources in Syria claim that the draft heaps all the blame on the Syrian government without devoting the necessary attention to the humanitarian problems created by the actions of the rebels.
These gratuitous draft elements are not only aggressive, but frankly appear calculated to end serious discussion and to undermine a solution of the problem.
Being new on the job is one thing for Ms. Power (she has served as UN ambassador only since August of last year), but politicizing relief from starvation for a besieged civilian population is quite another. Likewise for promoting a draft resolution focusing all blame on one side. Such things violate a broad range of applicable and mandatory international norms, and if Ms. Power is hazy on this subject, the State Department’s Office of International Organization Affairs is not—or at least was not when this observer interned there following law school years ago.
Language that would have stood a much better chance of ending the siege of Homs, Yarmouk and other areas under siege was drafted this week by a Syrian law student at the Damascus University Faculty of Law. The widely esteemed university witnessed the death of 17 of its students, along with the serious injuring of more than 20 others, when rebel mortar bombs, on 3/28/13, targeted the canteen of the College of Architecture. Those responsible for the shelling later admitted they were trained and armed by agents of the US government.
The DU law student’s draft resolution on unfettered humanitarian aid into besieged areas of Syria will hopefully be widely discussed over the weekend at a news conference tentatively scheduled on campus. Perhaps the next UN draft resolution will reflect the student’s homework assignment.
The starving victims besieged in Syria, and all people of goodwill, are demanding immediate, non-politicized humanitarian aid without further delay. Virtually every American voter is in a position to pressure his or her congressional representative, and would possibly achieve much good by making the White House aware of their demands to end playing international ‘gotcha’ politics, and to cooperate to end the needless deaths by starvation that continue today.
When pondering our obsession with immigration, I’m reminded of how people in the ridiculous dystopian film Idiocracy were watering their crops with an energy drink called Brawndo. And even though the crops weren’t growing, the suggestion to try water instead was met with the following conditioned response in the drink’s defense: “It’s got what plants crave! It’s got electrolytes!” No one knew what electrolytes were. No one could explain why they were in Brawndo. It was all sloganeering.
And so it is with immigration. Why do we have immigration? “Because it’s got what America craves! It’s got people!” But why does the US, the world’s third most populous country, need more people? “Because they’re in immigration! It’s got what America craves!”
The problem with a blanket advocacy of “immigration” is that, as with “ideology,” it is a category, not a creed. If someone proclaimed, “We need ideology!” we should ask, will any one do? Will liberalism, conservatism, libertarianism, Nazism, Marxism or socialism all serve equally well? Likewise, we should ask about immigration: would importing 10 million liberals, conservatives, libertarians, Nazis, Marxists or socialists all serve the US equally well? (Mind you, the majority of today’s new immigrants are socialist minded.) Would importing 10 million Russian nationalists, Chinese nationalists, Iranian nationalists or Mexican nationalists be as wise as having 10 million more American nationalists? Hey, who needs discernment?
No one, apparently, when in the grip of a certain simplistic dogma of our time, “immigrationism.” This is the belief that immigration is always good, always necessary and always above reproach — at least in Western nations. Nobody ever seems to ask why Japan has no immigration.
Nobody, for instance, asks where Japan will get the needed skilled workers, even though this is a popular question posed in the wake of the Swiss vote to limit their demographic upheaval. In answering this question, note that a nation — in the true sense of the word — is an extension of the tribe, which itself is an extension of the family. Now, what if your family needs to have pipes fixed and no one within your home has the requisite skills? You hire someone with the necessary expertise, pay him his fee, and then he leaves when the job is done.
You don’t adopt a plumber.
In other words, work visas will suffice.
Yet much of what justifies immigration is purely ideological. For example, there is a certain argument made by certain political partisans, often, it seems, because they think it makes them sound clever, cosmopolitan and cool. It is that people of European heritage came to this continent and dominated its native peoples, so it’s merely karma if the same now happens to us. The cry is, “What about the Indians?!” Two things leap to mind here. First, how does allowing our nation to be Balkanized and to descend into tyranny help the Indians? A falling tide grounds all boats. Second, this hate-America-first position is the prattle of a child, someone having a temper tantrum and talking about how he hates mommy and will run away from home. But it’s all just theoretical. It’s easy to look forward to our 476, to Rome’s impending fall, when sitting in your warm house with a stuffed refrigerator on your equally stuffed derrière and sending your puerile Internet messages on the latest iPad. But the reality of Goths breaking down your door would shatter that fantasy world fast.
Speaking of the Indians, some have the notion that “we” (and the critics are talking about white folks here) aren’t the first Americans, anyway. But as Sitting Bull grandson Ernie LaPointe mentioned after Barack Obama cited the legendary Indian as a great American hero in his children’s book Of Thee I Sing, Sitting Bull did not consider himself an American; he was a Lakota. No doubt. Remember that “America” is of European origin — derived from Italian Amerigo Vespucci’s name — and these United States were a product of a founding document crafted by European-descent people. You can debate whether this is a good thing or a bad thing. But it is a factual thing.
Nonetheless, it is true that “we” dominated the Indians. And the Etruscans for a time dominated the Romans, who later dominated other groups on the Italian peninsula and ultimately were dominated by “barbarians” in the West and Muslims in the East. The Aztecs dominated other tribes as did Shaka Zulu in Africa. All sorts of European groups were dominated and subsumed as well, which is why you don’t hear about Goth, Frank, Lombard, Alan, Burgundian, Gaul and Frisii lobbying groups. Heck, the painfully politically correct documentary series The West pointed out that the Lakota justified their dominance of other tribes to the U.S. government by saying that they were only doing what “we” were doing. This is true. A modern-day Lakota featured in the series framed their conquest this way (I’m paraphrasing), “We were very good at what we did.” This is also true.
And the Europeans were better.
I could leave it at that, were I content to operate by the principle might makes right. But since it’s more true that right makes might, let’s delve further.
Since “all have sinned and fall short of the glory of God,” should we humans just commit mass suicide to atone for our manifold trespasses, with the West leading by example? Better virtue shorn than a goodness evil born? Sure, we shouldn’t forget that most all civilizations found their genesis in blood and conquest. And we should remember, as Genesis informs, that God brings good out of bad.
The point is that we have a civilization here, now, today, and the question is always the same: is it worth preserving? No? Then, fine, scrap it. But you’d better be sure of your judgment, not only because dead civilizations, like dead men, stay dead, but because something will take your civilization’s place. And that something will not be forged by seraphim and cherubim; it will be something very human and, though I repeat myself, very flawed.
And if the answer is yes, our civilization is worth preserving? Then you take the necessary measures to do so. And to the hate-America-first crowd you say: if death is preferable to enjoying the fruits of a painfully human past, then you lead by example and drink the hemlock. Leave the rest of us to do the work of adults.
Of course, any culture can be improved. But thinking that cultural relativists — who can’t effectively differentiate between good and evil because they’ve convinced themselves everything is gray — are equal to this task is like thinking that a dietary relativist could improve your diet. Since the latter would be blind to the laws (the truth) of human nutrition and would then have nothing but taste as a guide, he just might steer you toward junk food — and maybe worse. Those colorful berries on that bush are awfully pretty, you know.
The real lesson to be learned from North America’s second great migration (the first being the Paleoindians’ arrival approximately 20,000 years ago) is this: say what you will about the Indians, they fought the good fight. They didn’t invite millions of unassimilable foreigners into their lands, give them special privileges, and then justify it all by saying that they were just here to do jobs Indians wouldn’t do (like colonize Indians).
A discussion of immigration today is nothing less than a debate about what your nation is going to be tomorrow. Will it be relegated to the history books like the Alans, Angles, Franks, Frisii and Goths, or will it continue to write history? Is it worthy to do so? These are legitimate questions that should be tackled by legitimate thinkers, not people who hide a visceral hatred of Western civilization inside a Trojan horse proclaiming the equality of all peoples.
It’s no secret that the world is on the brink of a significant paradigm shift. With the economy in shambles and the United States, Europe, China and Russia vying for hegemony over global affairs, it is only a matter of time before the powder keg goes critical.
As was the case with World Wars I and II, the chess pieces are being positioned well in advance. It’s happening on all levels – monetary, financial, economic, geo-political. Lines are being drawn. Alliances are being cemented.
We know that a widespread depression is sweeping across just about every nation on earth. The complete collapse of the world we have come to know as it relates to commerce and consumption is a foregone conclusion. We may not know exactly when or how the final nail is driven into the coffin, but we know it’s happening right before our eyes.
Throughout history, when countries have fallen into destitution and despair, their leaders have often resolved their domestic plights by finding foreign scapegoats. This time will be no different – for all parties involved.
The trigger is clear. What will follow is nothing short of thermo-nuclear warfare on a massive scale.
The trigger event has to be North Korea… North Korea is the most rogue element in the world and yet it’s been given a pass by the U.S… We don’t do anything to stop its nuclear progress, unlike Iran.
Russia and China… it’s too early… they’re not ready to go to a third world war over Iran…
When you see a North Korean launch against the South… and they do some minor military attack every year, so you’ve got to be careful not to confuse those with a major artillery barrage on Seoul. If this ever starts you know you’re days away from nuclear war. People ought to get out of major cities that are major nuclear targets.
There has to be a reason why North Korea has been preserved… It can only be because the globalists know that they are the puppets of China and that they will be the trigger.
Here’s how I think it’s going down. I think there will be an attack against South Korea. The North Koreans have over two million troops… 20,000 artillery… they can level Seoul in a matter of three or four days. The only way the U.S. can stop that attack is using tactical nuclear weapons.
And that would give China the excuse to nuke the United States. U.S. is guilty of first-use, the U.S. is the bully of the world, Russia and Chinese unite to launch against U.S. military targets. Not civilian targets per say. There will be about 12 or 15 cities that are inextricably connected with the military that are going to get hit that I mentioned in Strategic Relocation… you don’t want to be in those cities.
You may have two days notice when that attack in Korea starts, before China launches on the United States.
And if you ever see everything blackout, because both Russia and China will use a preemptive nuclear EMP strike to take down the grid… before the nukes actually fall… anytime you see all electricity out, no news, nothing at all… that’s the time you need to be getting out of cities before the panic hits.
In his documentary Strategic Relocation, Skousen notes that the reason Russia and China have yet to take action is because they are not ready. But as current events suggest, they are making haste. Iran has apparently deployed warships near US borders and China has continually balked at internationally established air zones, encroaching on U.S. interests. North Korea continues to do whatever it wants, even after sanctions issued again their nuclear development plans by the United Nations. And, given President Obama’s refusal to attend the Olympic games with other world leaders that include Vladimir Putin and Chinese President Xi Jinping, it should be obvious that the relationship between the world’s super powers are strained.
No one is willing to back down. And as we saw in the 20th century, that kind of diplomacy ends with the deaths of millions of people.
No one believed it could happen in the early 1910′s and again in the late 1930′s.
And with a Nobel Peace Prize winner at the helm of the freest nation on earth, not many Americans think it can happen in today’s modern and interconnected world.
But what if history rhymes once again?
Are we really to dismiss the warnings of Joel Skousen simply because it is such an outlier that it is impossible to imagine for most? Or do we look at history, see how such situations have unfolded over the last 5,000 years, and conclude that it is, in fact, possible that it happens again?
The lives of hundreds of millions of people are in the balance. That’s a sobering thought for average people, but mere chess pieces to the elite who sit behind the curtains with their fingers on the buttons.
As before, when the circumstances suit them and the time is right, they will invariably push those red buttons as their predecessors did before them.
Those in target cities in the U.S., Russia, China and Europe will become nothing more than statistics for the history books.
But if you know the warning signs, then perhaps at the very least, you stand a chance.
If you ever wake up one morning and your TV doesn’t work, the internet is down, and your cell phone is off, then you need to assume that your city or region was hit by asuper EMP weapon, such as those being developed and tested in North Korea, Russia and China.
As Skousen warns, in such a scenario you’ll have about two days to get out of major cities to a safe location outside of the blast radius. We recommend a number of resources, including Skousen’s Strategic Relocation and Holly Deyo’s Prudent Places, both of which outline safe areas in the United States based on various factors like population density, location of thoroughfares and resource availability.
When it starts all avenues for obtaining critical supplies will be unavailable. Therefore, wherever you are, prepare for the worst by stockpiling reserve food and water. Given the scenario outlined by Skousen, nations may well engage in conventional warfare after the nukes drop, meaning that you’ll need to be prepared to adapt to changing circumstances and know, at the very least, basic military strategies and tactics to evade, defend and attack.
It’s an outlier to be sure. But it’s one that has been experienced by every second or third generation on this planet since the dawn of human civilization.
It may well be our turn very soon.
Urban War Zones are now a reality inside many American cities.
It’s no longer necessary to go to Iraq, Afghanistan or Africa to enter a real war zone and have to fight for your life.
Thanks to massive CIA drug trafficking and American Free-trade Treaties like NAFTA, CAFTA, GATT & WTO, many American inner cities have been transformed into actual war zones.
These inner city war zones are infested with drug gangs that outnumber police and out gun them too.
At present these gangs are typically competing and battling with each other for turf and making a living selling drugs and running prostitutes, some captive sex-slaves. At some point if the economy worsens and the SHTF, they could easily start looting and attacking anyone and everyone.
However, in every major city in America at present, violent urban predators prey on the unarmed, old, weak, sick or disabled. And while out of control Police Swat Teams battle these predators and drug gangs, they often tyrannize the innocent which include women and young children, using excessive force all too often. There are numerous incidents of such teams murdering innocents after attacking the wrong home.
The massive War on Drugs was designed as a dualistic program. One hand, the top secret part involves the USG bringing in massive amounts of illegal drugs to raise “off the books money” for covert ops. The other hand uses all serious gang crimes arising as a pretext to militarize the police as justify their deployment as Nazi Storm Troopers.
This second part of the War on Drugs is for public disclosure and consumption. In response to all this massive urban breakdown, the worsening economy and increasing government tyranny from the Department of Homeland Security, the TSA and out of control local police, Americans are arming at an astounding rate. Guns are literally flying off the shelves and ammo sales are at an all time high also.
Americans now arming up in mass in order to protect themselves from and this increasing USG Tyranny of the USG, DHS and their local militarized and Mind-kontrolled local police (1) and from increasing and spreading urban crime which includes robberies, car-jackings, home burglaries and home invasions.
Also given as an important reason for arming up for the first time when asked, is a fear of possible impending economic collapse with an associated SHTF occurrence. Many express a salient and absolute need to be able to protect themselves and/or their family members from possible looters and armed home invaders which would likely accompany a SHTF urban breakdown situation.
And who should be credited with creating such a foreboding urban environment? It is the Globalist Traitors and infil-Traitors who have hijacked the political process and Banking in America.
These Globalist “enemies within” have rammed through economically disastrous Free-Trade Agreements and forced Diversity, Perversions and Political correctness accompanied by massive immigration, most illegal. All this has been designed to destroy the borders, language and culture of America, to neutralize its Constitution, Bill of Rights and Rule of Law while transforming America into a economically distressed Third World Nation.
These Globalist enemies within the Gates have been working very hard to transform America into a Democracy (Mob rule by the masses) from the Republic which was set up by our Founding Fathers. Obviously any real enforcement of the US Constitution would assure that American would remain a republic the way it was set up.
Since the imposition of so-called “Free Trade” policies upon the American Republic, urban decay and blight have become epidemic in major American cities. Many cities have turned into Urban Jungles, where only the strongest survive. In these Urban Jungles, violent gangs prevail and the weak are parasitized and consumed, afraid to go out of their homes, especially after dark.
Take Chicago, which has become a “kill or be kill” free fire Urban War Zone in some of its Urban areas. Chicago is the one of the most gun restricted areas ever, but the only ones that do not carry guns to defend themselves are law abiding citizens.
Gang members have all the guns they want, supplied by drug gangs and the CIA and BATF.http://www.cbsnews.com/news/gang-wars-at-the-root-of-chicagos-high-murder-rate/
Some of these areas such as Washington DC have been rated as having a 300% chance of being mugged if out after dark in certain areas, which means you could likely be robbed three times in a single block if you have a victim profile (old, young, weak, disabled, female). The real unemployment rate is 37%, despite phony USG that it is 7% or less.(2)
And now Detroit has been declared Bankrupt. It has been reported that retired police and City workers will now receive approximately 13% of their pensions due.
The Ruins of Detroit:
The ten Most Dangerous American Cities which are truly Urban Jungles at Night:
There are areas in Detroit, South Chicago and St. Louis that are so violent and infested with violent gangs that even the police refuse to enter unless ordered and then do so with major forces.
Until recently parts of Detroit was so violent that police and ambulances refused to provide service during the night hours and often found abandoned dead bodies (murder victims) days later. Detroit, known as “Iron City”, the jewel of America, used to be prosperous beyond measure based on the manufacture of the world’s finest cars.
Remember what a 1965 Olds Starfire coupe was like, or a mid 60′s Buick Wildcat or Pontiac Bonneville was like. How about a mid 60′s Chevy with a HP409 engine or a Plymouth Belvedere with a 426 Hemi or 440 Wedge engine?
That all changed in 1971 with the introduction of very extreme anti-pollution “clean air” laws which reduced automotive engine compression ratios from approximately 10.5 to 8.5, required the installation of retarded, goofy extremely inefficient camshafts. The result was garbage engines that had little power, consumed huge increases in gasoline and a major shift in chassis quality to near complete crap. At that point American automotive quality was gone and is only starting to come back now forty years later.
This is but one symptom of the covert Globalist engineering of American Society on behalf of the City of London zionist Central Banksters.
This of course created a great opportunity for the Japanese Auto manufacturers, secretly owned and controlled by the super-elite American Banking families. When W. Edwards Deming, an astute American engineer approached American Automotive Manufacturers in Detroit and proposed his plan to drastically reduce defects and lemons, he was rebuffed because it was felt his plan was too expensive and too slow.
Deming’s plan required 100% quality checks and verification of all parts from every supplier instead of the approximately 1% or less sampling. When Deming approached the Japanese, who had already shown a new coming expertise in motorcycles and quality circles in their electronics manufacturing, his program was accepted and implemented.
The rest is history, and after about 15 years, the American Automotive manufacturers have been playing a catch up game ever since for quality with the Japanese Auto manufacturers.
And now the Korean Automotive Manufacturers have hired retired Japanese automotive engineers as consultants and have adopted many of their same practices and principals to their automotive manufacturing. The result?
Some Autos manufactured in South Korea have attained the same quality as the Japanese which are considered to currently be the highest quality in the world. As many automotive enthusiasts suggest, if you want the best performance buy German, if you want the highest quality buy Japanese.
It is a fair assumption that Globalism and the Free-Trade Agreements it produced, have resulted in the exportation of most American heavy industry, manufacturing and millions of good paying jobs. This alone has seriously harmed the American economy and set America on a path of destruction, starting first with its Urban Centers which have become urban wastelands and jungles, and now progressively spreading to middle class and upper middle class outlying suburbs.
Fair Trade with suitably adjusted reasonable Tariffs to protect American Jobs are necessary to America’s economic survival and prosperity. Free Trade is not Free at all and is an abomination to the American republic and its Sovereignty.
It is a tool of the Globalists to enhance the earnings of their international offshore Globalist corporations at the expense of the American worker. It is nothing less than a secret war against America’s Sovereignty and the Republic itself.
The only other globalist tactic to destroy America that approaches its effectiveness are the policies of unrestricted illegal immigration, forced diversity, cultural programming that perversion is good, required perversion programming in the public schools that it is normal, and political correctness.
Obviously these are all Globalist weapons of covert war waged against America to destroy its borders, language and culture and gut it economically. These Globalist weapons have been deployed against Americans in order to transform America into a Third World “Democracy” instead of the Republic that it was set up to be by the Founding Fathers.
These Traitors and Infil-Traitors in Congress and the Administration keep financing and running foreign wars for Israel in order to establish Democracy like they keep claiming we have in America. We have never had a democracy but they have been doing their best to kill the Republic on the behalf of their zionist owners and masters This is of course one of the biggest lies ever told.
America has always been a Republic, a democracy is mob rule. Of course bringing in 30-60 million illegal immigrants and millions of legally sanctioned foreign workers has quickly undermined American culture and tradition and established a real base to elect politicians who appeal to the masses. The election of President Obama was the first of such travesties.
Up until recently when American aircraft manufacturers starting buying foreign parts, American aircraft were the best in the world, especially the military aircraft and fighter/interceptors. Now we have an F-22 with a contaminated O2 system from China that causes some pilots to start passing out and a Boeing Dreamliner with a faulty battery system that was imported.
For years St. Louis has been so poor that some of their police radio don’t work properly and their squad cars are in disrepair. In East Los Angeles, despite how tough and well armed the LA Police Department is, top police officials know that they are completely outgunned by Mexican drug gangs allowed to enter and do business inside America and also provided arms shipped by the CIA and the BATF.
It’s not as if Americans weren’t duly warned what such Free-Trade Treaties would produce, because Presidential Candidate Ross Perot went public with what was coming. He described the effects as a “giant sucking sound” for American jobs as they would leave America in droves.
But despite Perot’s grave warnings, President George HW Bush signed NAFTA on Dec. 17, 1992 with full Congressional support. The NAFTA Treaty was ratified after Bill Clinton became President. Soon after the sucking sound started, with shocking support the the US Department of State which provided massive grants to major corporations to move manufacturing to Mexico. These grants continued at American taxpayer expense under the subsequent Trade Treaties that were subsequently signed and ratified such as CAFTA, GATT, and WTO.
Unbeknownst to most Americans, President Obama is now deeply involved in secret negotiations to pass the Trans Pacific Partnership Treaty (TPP) which experts have described as “NAFTA on Steroids”. TPP is far more than just another Free Trade Treaty which continues to lower the value of American wages to the “rock bottom” levels in third world countries. If signed and ratified by Congress, the TPP would be the complete end to any remaining American Sovereignty.
What established this frenzy for Free-Trade Agreements? It is now known that The last duly elected President of the United States of America was Ronald Reagan. It is also known by seasoned intel officers that Ronald Reagan distrusted American Intel in general and especially his Vice President George HW Bush.
In fact it has now been discovered that President Reagan distrusted the CIA and American Intel so much, he set up his “Kitchen Cabinet” and brought in Lee Wanta as his Secret Agent under the Totten Doctrine (3).
George HW Bush was illegally elected later as President, since his father Prescott Bush had signed an Immunity Agreement that no future Bushes (Scherfs) would ever run for office after he was arrested for “aiding the enemy” and his Union Bank assets were seized by FDR during WW2.
It is also known that George HW Bush ran his own private CIA inside the CIA which served the specific needs of the zionist City of London Central Banksters and their franchisees, the American private Federal Reserve and major Wall Street Banksters.
Some former top American Intel believe that it was this private GHW Bush Intel organization that tried to assassinate President Reagan, by using their man, a secret service man who fired a high speed plastic disc from a compressed air powered disc-gun, the type displayed by William Colby in Congressional Hearings on the abuses of American Intel.
PBS Judy Woodruff had reported this of seeing the SS man fire a gun from a second story window that night on PBS but the story was quickly squelched and she changed it after a very convincing “not to worry visit” from some very serious American Intel agents. President Reagan, despite a long slow disjointed route to the hospital, survived. This assassination attempt however signaled that the Treasonous Bush Cabal had attained a major power base inside the Military and Congress.
The sad thing is that all the political power and influence necessary to accomplish this and to transform the American Congress into Traitors was due to the vast money provided to K Street Lobbyists and zionist espionage groups like AIPAC, ADL, B’nai B’brith, and the like by the Central Banksters and the various Judaic groups shaken down and manipulated by zionist for donations.
So the first beach-head of the Globalists (aka zionist City of London Central Banksters and the “Old Black Nobility” they represented) was established with a bought, owned and controlled US Congress. Once GHW Bush was elected President, the circle of control was complete.
One of George W. Bush’s major assignments was to take American further down the Globalist path by fighting more Mideast wars for Israel. Another was to destroy the Republic party by being the worst President ever and fully debasing the Republican, which he did. Now the Republican leaders in Congress are tricking the Republican Party into committing suicide by agreeing to back the Democratic legislation for making illegal immigrants legal and future citizens.
So it is now obvious that the Republic Party is finished and Americans need to rise up and form a new Third Party. Otherwise you can be assured that just like in the last Presidential election, both candidates will be owned by the Bush Cabal.Unless the Bush Cabal has been fully exposed and displaced by then which is now real possibility.
It has been estimated that there are now approximately 30 million illegal immigrants inside Americaallowed in by a Globalist controlled USG who prevented border enforcement and liberal immigration laws which are not enforced. With the the passage of the currently proposed Democratic plan for legalizing illegal immigrants, this number could easily grow to 60 to 100 million.
In most major American Cities, Police are not allowed to arrest suspected illegal immigrants for minor traffic violations or check their identification for legal status. Not so for those whose license plates are run and show up as actual American Citizens. And this is all due to orders coming down from a few top policy-Makers who operate at the nexus of the Secret Shadow Government (SSG).
GHWB could now institute major efforts to undo all the excellent plans for the economic and industrial reconstruction of America that President Reagan had set in place and activated. As has been disclosed in a previous article (4), President Reagan had brought in Lee Wanta to serve as his Secret Agent because he didn’t trust the CIA which had been corrupted and hijacked by GHWB.
It should now be exceedingly clear to those who are well informed about the degradation of the American economy and rule of law accompanied by increasing tyranny, deployment of DHS, TSA and the passage of all the unConstitutional draconian laws (like the so-called Patriot Act, the Military Commissions Act, and NDAA 2014).
All this is being engineered by foreign controlled Globalist traitors and infil-Traitors who have hijacked America and worked hard to export heavy industry, manufacturing and jobs.
And that they are doing this to asset strip America, destroy it’s economy and the Republic itself in order to Balkanize America and prevent it from ever rising in economic strength again and operating as a Republic “of the people, by the people and for the people”.
Their motives for all this? To covertly re-fight the Revolutionary war that was lost and retake America on behalf of the zionist City of London Central Banksters and their Kingpin overlords the Old Black Nobility (OBN). These hidden masters of the world-wide occult network which runs the IZCS prefer to stay hidden in the background where they can pull all the strings of several top Policy-Makers in America with no personal risk to themselves.
What can be done to turn this around? Obviously the first step is to get rid of all Free-Trade Agreements. In order to do this all the zionist espionage fronts inside America such as AIPAC, ADL, B’nai B’rith and the like must be fully exposed and prosecuted to the fullest extent of the law. In order to do this zionist Israeli-American dual citizens inside Congress and the USG and its Agencies must be exposed as traitors and agents of foreign espionage and routed out of power.
America has to stop fighting Israel’s illegal Mideast wars and withdraw all aid and support for Israel as long as it is a criminal, racist apartheid state persecuting and murdering Palestinians and stealing their land incrementally.
Lee Wanta, a great American Heroe that served as President Reagan’s Secret Agent under the Totten Doctrine and was instrumental in bringing down the evil Soviet Union
We need to re-institute the Wanta Reconstructing America Plan based on the Maglev High Speed Rail System which has the necessary funding already available. (5)
And it is time to also re-establish the Want Economic Recovery Plan for America that was also set up under President Reagan, but later stopped cold by George HW Bush and his Cabal when they instituted a secret coup to take over the whole USG on behalf of the City of London zionist Central Banksters and their Wall Street and Federal Reserve Franchisees.(6)
In fact it is a reasonable assumption that the massive Free-Trade attack on America’s economy was largely a reaction by the Bush Cabal to these amazing economic reconstruction plans President Reagan had put in place through his Secret Agent Lee Wanta, who was the master strategist that took down the Soviet Union for President Reagan.
Recent respected surveys show that a majority of American are disgusted with the current administration and rating of the lowest ever experienced in America in the last century. Congress is also rated at an all time low with only 9% approving of it. Many view the current President as an alien imposter with no traceable past. Some alternative media writers have stated that he is a sheep-dipped CIA creation just like Bill Clinton. All this is a mute point. Why?
Because Ronald Reagan was the last duly elected President of the United States of America, the Republic, all presidents since have been fraudulently elected and owned by the Bush Cabal. And this Bush Cabal is the Action Agent of the City of London zionist Central Banksters and their International Zionist Crime Syndicate (IZCS).
The IZCS is centered in Israel where most intel is done by privatized Israeli corporations serving as American Defense and Intel contractors. It is these private Israeli contactors who control all NSA raw intel and almost all American communications including internal White House phone calls and messaging, as well as all Pentagon and DOD communications.
Obviously the Bush Cabal has been able to install its own Presidential puppets and run a lucrative illegal drug trafficking operations into America. All done to destabilize and “dirty up” American Cities while absorbing a great deal of the Welfare dollars and capturing vast “off the books” funds for their own covert operations and bribery of Congress. It is a fair conclusion that the Bush Cabal has destroyed the American Rule of Law, debased any true enforcement of the US Constitution and Bill of Rights and has corrupted every institution and agency of the USG.
However there is good news. A growing force for good has emerged in the Alternative Media now transmitted everywhere instantly on demand by the worldwide Internet, the new Gutenberg Press and the NWO Globalist’s Achilles Heel. Yes, the Controlled Mass media (CMMM) has been a propaganda mouthpiece for the Bush Cabal and the IZCS, but is now losing its appeal and credibility. The CMMM keeps feeding lies and crap to the American public that are obviously false, like the Mideast American wars are wars to establish Democracy. More and more Americans now realize this is complete BS, that we are there to fight Israel’s wars and defend British Oil interests.
Compare the articles of Veterans Today and other respected truth media now which are being published and read by millions inside America and all over the world with the CMMM. You will see the gap between the alternative media truth and the CMMM lies is ever widening and we are starting to see Alternative Media’s popularity driving stories into the CMMM, even thought the CMMM usually attempts to neutralize their significance.
Many thousands of brave American Soldiers who were lied to and deceived into fighting these illegal, unConstitutional, unprovoked, undeclared wars for Israel and Big Oil, thinking that they were defending America and its freedom. Few greater lies and deceptions has ever been predicated on Americans than this complete lie. Many thousands of Americans have been killed and horribly wounded and disabled in this war.
If the American Military ever fully realizes that all these wars were phony and based on a lie and that Israel did the 9/11 attacks with the help of a cabal within the USAF and JCS, there will be hell to pay for all those perps involved. And now there is good reason to believe that day is coming in the not too distant future.
As most Americans are beginning to realize, America has been infil-Traited by Traitors and Infil-Traitors in the highest positions of the USG. The major economic deterioration and loss of assets to the Wall Street Banksters and the private Federal reserve through financial Fraud have been staggering and Americans are catching on the the BLATANTLY OBVIOUS.
When American society reaches a critical mass awakening to this obvious situation that Globalists have been doing everything they can to destroy America, there will be major Blow-back of astounding proportions. When 12% of Americans are awakened, a critical mass and major turning point will be reached and you will begin to see major social change like never conceived, and this will all be due to major Blow-back from awakening.
The elites hate to acknowledge it, but when large numbers of ordinary people are moved to action, it changes the narrow political world where the elites call the shots. Inside accounts reveal the extent to which Johnson and Nixon’s conduct of the Vietnam War was constrained by the huge anti-war movement. It was the civil rights movement, not compelling arguments, that convinced members of Congress to end legal racial discrimination. More recently, the townhall meetings, dominated by people opposed to health care reform, have been a serious roadblock for those pushing reform…. A big turnout … can make a real difference….When someone tells you to stop imagining that you are having an impact, ask them to please direct their energy into getting 10 friends to join you in doing what needs to be done. If it has no impact, you’ll have gone down trying. If it has an impact, nobody will tell you for many years. (7)
This coming complete awakening will be due to information dispensed and diffused by the Alternative Media and the worldwide Internet as well as word of mouth. it is best viewed as a byproduct of a new and powerful emerging worldwide populism which has now reached the point it is unstoppable. One recent study has established 10% as a critical mass, turning point for Society.(8)
I believe we are already at 11% and when we reach 12%, the days of the Bush cabal will be dated. They know it too and are scared sh*tless. That is why they have been going for broke trying to ram the NWO down our throats and militarize local police and build up DHS to oppress and then mass murder us.
It’s time to speak up to all your family, friends and associates that we need to abandon the Republican and Democratic political Parties. Both parties are owned and controlled by the same Overlord, the IZCS who bought them and can blackmail them with NSA provided intel.
Former Minnesota Governor Jesse Ventura, who is also a Vet and a Navy Seal/UDT man had it right in his book of the Replican and Democrat Political Gangs in America, DemoCRIPS and ReBLOODlicans (9).
Gov. Ventura recommends Americans dump both political Parties which serve the same corrupt masters and start electing alternative candidates only who are not associated with either of the two parties.
It should now be exceedingly clear to those who are well informed about the degradation of the American economy and rule of law accompanied by increasing tyranny, deployment of DHS, TSA and the passage of all the unConstitutional draconian laws (like the so-called Patriot Act, the Military Commissions Act, and NDAA 2014), that all this is being engineered by foreign controlled Globalist traitors and infil-Traitors who have hijacked America and worked hard to export heavy industry, manufacturing and jobs.
And that they are doing this to asset strip America, destroy it’s economy and the Republic itself in order to Balkanize America and prevent it from ever rising in economic strength again and operating as a Republic “of the people, by the people and for the people”.
Their motives for all this? To covertly re-fight the Revolutionary war that was lost and retake America on behalf of the zionist City of London Central Banksters and their Kingpin overlords the Old Black Nobility (OBN). These hidden masters of the world-wide occult network which runs the IZCS prefer to stay hidden in the background where they can pull all the strings of several top Policy-Makers in America with no personal risk to themselves.
(3) TOTTEN DOCTRINE [ 92 U.S. 105, 107 (1875) ]
Source: Preston James | Veterans Today
Concerns about an imminent bank crash were further fuelled today at news that HSBC are restricting the amount of cash that customers can withdraw from their own bank accounts. Customers were told that without proof of the intended use of their own money, HSBC would refuse to release it. This, and other worrying signs point to a possible financial crash in the near future.
HSBC is scrambling to manage a seemingly terminal liquidity crisis (a lack of hard cash) that could see the bank become the next Northern Rock – and trigger a bank crash. The analyst’s advice is for shareholders to sell HSBC investments, and customers to move their accounts elsewhere before the crash.
This from the Telegraph:
Forensic Asia on Tuesday began its coverage of Britain’s largest banking group with a ‘sell’ recommendation, warning the lender had between $63.6bn (£38.7bn) and $92.3bn of “questionable assets” on its balance sheet, ranging from loan loss reserves and accrued interest to deferred tax assets, defined benefit pension schemes and opaque Level 3 assets.
According a report by the BBC’s MoneyBox Programme, HSBC customers have gone to withdraw cash from their accounts, only to find HSBC would not release the funds. Customers were told to make a bank transfer instead, unless they provided documentation proving the intended use of the money. Stephen Cotton attempted a withdrawal and told the programme:
“When we presented them with the withdrawal slip, they declined to give us the money because we could not provide them with a satisfactory explanation for what the money was for. They wanted a letter from the person involved.”
Mr Cotton says the staff refused to tell him how much he could have: “So I wrote out a few slips. I said, ‘Can I have £5,000?’ They said no. I said, ‘Can I have £4,000?’ They said no. And then I wrote one out for £3,000 and they said, ‘OK, we’ll give you that.’ “
He asked if he could return later that day to withdraw another £3,000, but he was told he could not do the same thing twice in one day.
As this was not a change to the Terms and Conditions of your bank account we had no need to pre-notify customers of the change”
He wrote to complain to HSBC about the new rules and also that he had not been informed of any change.
The bank said it did not have to tell him. “As this was not a change to the Terms and Conditions of your bank account, we had no need to pre-notify customers of the change,” HSBC wrote.
Mr Cotton is not alone, with other customers seeking to withdraw cash amounts over £3,000 facing the same obstacles. While HSBC argue there is comes customer security interest here, the story simply doesn’t add up. Customer identification is required for large withdrawals, not customer intentions – a person’s cash is theirs to withdraw and place wherever they so wish. Instead, HSBC has been found to have a capitalization black hole (gap between actual cash and obligations) of$80bn. The message is simple, get your money out now.
The Gold Rush
The major banks and states appear to be preparing for impending crisis, while pretending to the public that the economic situation is improving.
There is a gold rush underway, with Banks and States frantically buying up as much gold reserve as they can, stoking fears that confidence in currency is at an all-time low. In recent months and weeks, banks like HSBC and JP Morgan, and states such as the US, Germany and China have joined the gold rush, making vast purchases of stocks.
Investment analysts at Seeking Alpha have been monitoring the strange activity on the COMEX, stating:
“keeping track of COMEX inventories is something that is recommended for all serious investors who own physical gold and the gold ETFs (SPDR Gold Shares (GLD), PHYS, and CEF) because any abnormal inventory declines may signify extraordinary events behind the scenes.”
Another Bank Crash? Why?
The crash is in some ways a replay of the last one. The US dollar is a fiat currency (as is the pound sterling, the euro and most other major currencies). This means, it is monopoly money. There is no gold reserve that its values are pegged to. It is simply made up. So how does money get made? A private, for profit central bank prints it and lends it to the government (or other banks) at an interest rate. So the Central Bank prints $100, and gives it to the government on the basis that it returns $101. You may have already spotted the first flaw in this process. The additional $1 can only ever come from the Central Bank. There is never enough money. The second issue is that all money is debt.
This used to be the way pretty much all of the money in circulation came to be. That is, until Investment and Retail Banks got tired of this monopoly on debt based currency, and kicked off thecommercial money supply. You might assume that when you take out a loan or other form of credit, a bank gives you that money from its reserves, and you then pay back that loan to the Bank at a given interest rate – the Bank making its profit on the interest rate. You would be wrong. The Bank simply creates that loan on a computer screen. Let’s say you are granted a loan for $100,000. The moment that loan is approved and $100k is entered on the computer – that promise from you to the bank creates $100k for the bank, in that instant. This ledger entry alone creates the $100k, from nothing. Today, over 97% of all money that exists, is made this way.
This is what drove the dodgy lending practises that created the last crisis. But since then, the failure to regulate the markets means that while bailouts hit public services and the real economy – banks were free to continue the same behaviour, bringing the next crash.
The world’s second richest man, Warren Buffet warned us in 2003 that the derivatives market was ‘devised by madmen’ and a ‘weapon of mass destruction’ and we have only seen the first blast in this debt apocalypse.
The news that should have us all worried is: the derivatives market contains $700trn of these debts yet to implode.
Global GDP stands at $69.4trn a year. This means that (primarily) Wall Street and the City of London have run up phantom paper debts of more than ten times of the annual earnings of the entire planet.
Not only can the Bankers not pay it back, the combined earning power of the earth could not pay it back in less than ten years if every last cent of our productive power went solely to pay off this debt.
This is why answering the issues with our currencies, our banking practices and economic system are not theoretical or academic – they are a matter of our very survival.
With Ben Shalom Bernanke set to depart on the last day of January 2014, the critique and speculation of his tenure as Chairman of the Federal Reserve begins. The mainstream financial press is giving mostly favorable accounts. Heretofore, such praiseworthy acclamations strike a shape contrast with the actual record of the state of the economy. However, the admirers of the Fed and his specific enactments live in a time warp that only masters of the universe encounter. For the remaining population, an intense struggle for survival is the actual experience, remembered from the Bernanke years.
Investopedia expresses a complimentary score of The Legacy Of Ben Bernanke, and cites distinguished highlights and concludes that “Under Bernanke’s stewardship, the Fed became the most transparent it has ever been in its history.”
Yet, they are compelled to mention that from 2008 onward, Bernanke and the Fed embarked on a series of unparalleled – and often unconventional – rescue programs and stimulus measures. These included:
- ratcheting interest rates down to the lowest levels in American history;
- force-feeding the U.S. economy with trillions of dollars through successive rounds of “quantitative easing”;
- bailing out troubled Wall Street firms and institutions;
- orchestrating the rescue of other troubled financial institutions through shotgun weddings; and
- lending funds to diverse sectors of the U.S. economy to revive stalled credit markets.
Ben Bernanke’s Great Inflation Coverup, is an assessment that one would expect from the Mother Jones publication.
“Bernanke’s problem is pretty simple here: he almost certainly wants higher inflation . . . Once the Fed has reduced interest rates to zero, it can’t go any further. But what if the economy is so bad that all the standard models suggest you need negative interest rates to get the economy back on track? The only answer is higher inflation. If inflation is running at 2% and interest rates are at zero, the real interest rate is -2%. If you borrow money, you’re effectively being allowed to pay back less than you borrowed.”
Then there is the valid point made by Bill Sardi in LewRockwell.com. “The Fed been printing new money at the rate of $85 billion a month which is being distributed to close member banks who are gambling it on the Wall Street stock market to recapitalize themselves rather than lending it out into the economy so citizens can buy new homes, automobiles.”
The example of Paying back retirees with cheaper dollars illustrates the real costs of built in systemic inflation, not just for citizens on a fix income, but for everyone. This lost in purchasing value of the currency is obvious to any honest person.
“The average social security check was $321 in 1980 and in 2011 it was $1183 (adjusted for inflation). But if that $321 pension check were to be fully adjusted for inflation according to way inflation was calculated in 1980 (cost of gasoline and food included), then that $321 should be $3636 to have the same purchasing power today.”
The severity of income disparity has reached staggering levels. Elite insiders game the system with insider speculation certainty, while the constructive producers that keep the real components of the economy functioning, are pushed to the margins.
Bernanke’s real legacy produced the following outcomes. The always-reliable ZeroHedge site states some undeniable facts under Bernanke’s watch.
- The US has never experienced 3% GDP growth.
- The labor participation rate has fallen to levels not seen since the ‘70s.
- Inflation-adjusted median incomes have fallen 7%.
- The US’s debt load has risen from $8.4 trillion to over $16 trillion.
- The Fed’s balance sheet has increased from $800 billion to over $4 trillion (larger than the economies of Brazil, France and even Germany).
- Food prices have hit record highs fomenting revolutions in the Middle East and untold suffering around the globe.
- The Fed has funneled trillions of Dollars into both US banks and European banks.
- The Fed has allowed fraud, insider trading, and corruption.
The banksters demanded a bailed out because their derivative greed exacted losses that required an immense infusion of liquidity to rescue their balance sheets. Under Bernanke, the titans of finance have an unlimited line of near zero rate interest of new credit. When the establishment financial press applauds the savior of the economy, their loyalty towards corporatist governance, dictates that the economic interests and the public welfare of ordinary people is expendable.
Look to a prime example of this concentration of wealth and control. The Global 1%: Exposing the Transnational Ruling Class by Peter Phillips and Kimberly Soeiro, focus on BlackRock.
“BlackRock is one of the most concentrated power networks among the global 1 percent. The eighteen members of the board of directors are connected to a significant part of the world’s core financial assets. Their decisions can change empires, destroy currencies, and impoverish millions. Some of the top financial giants of the capitalist world are connected by interlocking boards of directors at BlackRock, including Bank of America, Merrill Lynch, Goldman Sachs, PNC Bank, Barclays, Swiss Reinsurance Company, American International Group (AIG), UBS A.G., Arab Fund for Economic and Social Development, J. P. Morgan Chase & Co., and Morgan Stanley.”
These crony capitalists are the prototypes that benefited from Bernanke decisions.
During the Bernanke era, the debt bubble entered the point of no return to solvency. His place in the history of shame sets the stage for further economic turmoil. The Federal Reserve after Ben Bernanke article indicates that the Fed is boxed into a pattern that is likely to escalate out of control.
“With the uninterrupted, increase in federal debt, much of which is held by the Federal Reserve, the prospects of achieving prosperity by growing the economy, when interests rates have been near zero, failed miserably. It becomes almost absurd to believe that higher rates on Treasury Bonds will succeed. The new chair of the Fed will be hard pressed shutting down Quantitative Easing.”
A depression in the real economy is foreordained with the retraction of credit to most enterprises. This starving of access to funding is a conscious and deliberate strategy to force competition out of business. The grand scale that the banksters operate on has little room for upstarts or hanger-on’s. At the end of this very destructive Bernanke term, the rich got fabulous more wealthy, as the country sinks into decline on so many levels.
A reader emailed me, “Mr. Wooldridge, everything you write about on immigration, population and environment is coming true. It makes me sick for my children.”
NBC anchor Brian Williams said last Friday, “Meteorologists reported that 62 percent of California suffers from extreme drought. That state stands in the middle of a water emergency.”
Additionally, forest fires rage across the state while burning down homes and schools in their path.
If you look back on my Part 4 of “What America will look like in 2050—acute water predicament”, I talked about seven states in 2014 suffering from water shortages.
My question: why do hundreds of thousands of people build houses in fire burn-zones? Answer: because California proves our most overpopulated state, 38 million people forces them to encroach on the wilderness without pause. Amazingly, California faces an added 20 million people to smother more of the land with houses, asphalt, concrete, malls, airports, schools and accelerating air pollution.
Most of what I address in my columns manifests faster than I imagined. In my book, America on the Brink: The Next Added 100 Million Americans, leads off with California being the “Bow of the Titanic of America.”
Why? Answer: within 30 years, California will absorb over 20 million more people; 90 percent of them from legal immigration.
If they suffer extreme drought in 2014 replete with forest fires and water shortages for their 38 million residents, can you imagine what California faces in three decades when they jump from 38 million to 58 million?
Does anyone in the media or Washington DC understand the “enormity” of our predicament? Answer: not a chance. Williams, Sawyer, Pelley, Blitzer, Charlie Rose, David Gregory, Shepard Smith, 60 Minutes producers and the rest of them run like scalded rabbits away from the population-immigration issue.
Yet, it’s coming and it’s coming fast. Senate Bill 744, the amnesty for 12-20 million illegal migrants increased legal immigration from 1 million to 2 million annually. If California’s problems aren’t bad enough already, Washington politicians and Obama vote to make them doubly worse doubly fast.
Almost 99 percent of California faces abnormally dry weather or worse; almost two-thirds of the state suffers extreme drought. The year 2013 became the driest year on record in California.
“I think the drought emphasizes that we do live in an era of limits, that nature has its boundaries.” — Gov. Jerry Brown, California
Brown urged voluntary water conservation to the tune of a 20 percent reduction.
“We ought to be ready for a long, continuous, persistent effort, including the possibility of drinking-water shortages,” he said. “I think the drought emphasizes that we do live in an era of limits, that nature has its boundaries.”
“With a hotter and drier future, we can’t duplicate water policies of the 20th century to address challenges of the 21st,” said Senator Fran Pavley, a Democrat, from Agoura Hills in Southern California. “We need to be resourceful and create new water supplies with cost-effective, sustainable strategies.”
Notice none of them speak about the impact of adding 20 million immigrants. Not to mention the 100 million overall landing in America from endless immigration! They refuse to look at the long-term picture. They ignore the fact that they have too many people with too little water.
While I took great pains to write about what America will look like in 2050 with an added 100 million more immigrants, the leaders of this country refuse to look at the ramifications facing our children. You can expect those 36 years to fly by in a blink.
While the politicians in Washington DC won’t deal with it, the American people remain as clueless as a pot of geraniums left out in the hot sun in Arizona while the owners left on vacation with no provision to water them.
Result: the geraniums die from lack of water. Once they die, nothing brings them back.
Once those 100 million immigrants land on the USA, nothing can change our fate.
“The crisis of our diminishing water resources is just as severe (if less obviously immediate) as any wartime crisis we have ever faced. Our survival is just as much at stake as it was at the time of Pearl Harbor, or the Argonne, or Gettysburg, or Saratoga.” – Jim Wright, U.S. Representative, The Coming Water Famine, 1966
Instead of our country remaining the land of plenty, we face becoming yet another conflicted, water-scarce and struggling civilization because we failed to act when we should have acted.
Eleanor Roosevelt said it 50 years ago; “We must prevent human tragedy rather than run around trying to save ourselves after an event has already occurred. Unfortunately, history clearly shows that we arrive at catastrophe by failing to meet the situation, by failing to act when we should have acted. The opportunity passes us by and the next disaster is always more difficult and compounded than the last one.”
You can act collectively to stop mass immigration from continuing: share these two videos with every citizen in America that show what we face and what we must do to stop it.
Damascus – At the Palestine Embassy in Beirut recently, a young lady showed this observer a video of a gentleman in Yarmouk camp in Damascus. The video showed the man killing and eating a cat. Food ran out in Yarmouk weeks ago, and nearly 18,000 refugees are facing death from starvation and other conflict-related causes. This siege has been ongoing since July 2013, and it has become viciously lethal.
The Palestinians living here have been targeted. They are part of the quarter million people—children, women, and men—trapped and dying from hunger and illness all across Syria as a direct, predictable result of using the siege of civilians as a weapon of war. It isn’t just Yarmouk. Throughout Syria, neighborhoods are being blockaded. Residents are running out of supplies, unable to get basic services. Among the Syrian towns under siege at this time are Nubul and Al-Zahraa in Aleppo province, the old city of Homs, and the towns of Eastern Ghouta, Daraya and Moadamiyet al-Sham in rural Damascus.
Truly a crisis of horrifying proportions, yet perhaps nowhere is this more the case than in the systematic starvation of Palestinian refugees in Yarmouk camp, where this past week eight more Palestinians died from malnutrition. These include 80-year-old, Jamil al-Qurabi, 40-year-old, Hasan Shihabi, and a 50-year-old woman named Noor. In addition, 10-year-old Mahmoud al-Sabbagh and two 19-year-olds—Majid Imad Awad and Ziad al-Naji—were killed while protesting the blockade of the camp. And reports have also emerged that two other men, Muhammad Ibrahim Dhahi and Hasan Younis Nofal, were tortured and killed.
In December 2013, UNRWA Commissioner-General Filippo Grandi, issued a statement concerning the situation in Yarmouk camp, in which he said: “Since September 2013 we have been unable to enter the area to deliver desperately needed relief supplies.”
Based on conversations with Palestinians who were able to literally crawl out of the area from sewage pipes on the South side of Yarmouk, more than 100 people, as of 1/15/14, have died from starvation in the past four months—that is since mid-August 2013. Other causes of death have included three dozen cases of death by dehydration, and also malnutrition (differing slightly from starvation in that it pertains to inadequate nutrition rather than a total absence of ingestible substances) (you still die from it, though). More than three dozen miscarriages have also resulted from the food shortages, while infants have succumbed due to lack of milk. There have also been deaths by hypothermia for lack of fuel, and recently I spoke with a gentleman whose niece, an infant girl, died of suffocation in her neonatal intensive care unit due to a power cut.
In January of 2013 the UN estimated that one million people needed urgent humanitarian assistance. Today, twelve months later, the figure is nearly ten million. That assessment is from UN Secretary General Ban Ki-moon, who spoke last week at yet another aid conference. A commission of inquiry set up by the UN Human Rights Council has found war crimes, crimes against humanity, and gross human rights violations committed in Syria on a daily basis. According to its conclusion, “All sides in the conflict have shown a total disregard for their responsibilities under the international humanitarian and human rights law.”
International law relevant to situations of this nature was created specifically to stop the targeting of civilians. Its principles, standards and rules demand that such targeting cease, and they call for the prosecution of perpetrators irrespective of which side in the civil war in Syria they may support. A civil war is an armed conflict located on the territory of one state, between the armed forces of the State and dissident armed forces or other organized armed groups under responsible command. These are groups that maintain control over part of the land, or that are able to carry out armed operations of a continuous and coordinated nature. The applicable statutes include Common Article 3 of Protocol II (1977) the Geneva Conventions of 1949. Whether it is regime armed forces and their allies, or anti-government militia, both are legally bound to respect the Geneva Conventions and must lift the siege on Yarmouk. If not, they risk prosecution at an existing international court or at a possible Special Tribunal for Syria being contemplated among some at the United Nations.
The following is from Additional Protocol II to the Geneva Conventions of 12 August 1949: Part IV: Civilian Population:
Article 13.PROTECTION OF THE CIVILIAN POPULATION.
- The civilian population and individual civilians shall enjoy general protection against the dangers arising from military operations.
- The civilian population as such, as well as individual civilians, shall not be the object of attack. Acts or threats of violence the primary purpose of which is to spread terror among the civilian population are prohibited.
- Civilians shall enjoy the protection afforded by this Part, unless and for such time as they take a direct part in hostilities.
To give effect to this protection, the following rules shall be observed in all circumstances.
Article 14. PROTECTION OF OBJECTS INDISPENSABLE TO THE SURVIVAL OF THE CIVILIAN POPULATION. Starvation of civilians as a method of combat is prohibited. It is therefore prohibited to attack, destroy, remove or render useless, for that purpose, objects indispensable to the survival of the civilian population, such as food stuffs, agricultural areas for the production of foodstuffs, crops, livestock, drinking water installations and supplies and irrigation works.
Article 15. PROTECTION OF WORKS AND INSTALLATIONS CONTAINING DANGEROUS FORCES. Works or installations containing dangerous forces, namely dams, dykes and nuclear electrical generating stations, shall not be made the object of attack, even where these objects are military objectives, if such attack may cause the release of dangerous forces and consequent severe losses among the civilian population.
This body of international law requires that all warring parties immediately end the siege of Yarmouk and allow the entry of food supplies, while permitting those who want to leave the camp to do so. The safety of those who wish to return to their homes is also mandated. Additionally the law requires guarantees of safe passages to relief teams, UN fact finding missions, and unobstructed entry of medicines, medical staff and medical equipment. Those today who are preventing this are subject to international criminal prosecution, and as noted above, they are subject to future prosecution at any time, as the level and nature of their crimes prevent the application of any Statute of Limitations.
According to human rights activists, attempts to evacuate civilians from Yarmouk camp failed in spite of efforts and agreements between the Syrian government and the Palestinian Liberation Organization (PLO). Those attempting to leave were arrested, in some cases with serious bodily and mental harm inflicted on them. Others were shot at near the camp’s entry points. This occurred particularly in the last two months of 2013 and early January 2014. Several agreements between the warring parties, being the Syrian government forces and the rebels assaulting Yarmouk, have not been honored by either. Attempts to evacuate civilians from Yarmouk have consistently failed in spite of efforts and agreements between the regime and the PLO, and some who attempted escape were arrested, beaten or shot at.
The several attempts to lift the siege usually include versions of the following language from Yarmouk’s Popular Committee that “based on our principled position of positive neutrality and keeping the Palestinians and their camps out of the confrontations in Syria, we propose that all the Palestinian camps – and Yarmouk camp in particular – be secure and safe areas, free of weapons and fighters, by taking the following steps:
- End all public display of weapons and fighters, with guarantees to those who wish to do so.
- Avoid the use of the camps as areas of confrontation and cease all forms of fighting, including sniping and shelling.
- Allow the free movement of people, food, medical supplies and vehicles in and out of the camp, which will encourage the return of the displaced to their homes.
- Restore services, including electricity, water, telecommunications, schools, and hospitals.
- Provide amnesty to all those camp residents who have been detained if their involvement in the fighting cannot be confirmed.”
Despite an official policy of neutrality announced by Palestinian President Mahmoud Abbas, and despite also unequivocal statements by Palestinian delegations acquitting the regime of any responsibility in the besieging, bombing and targeting of the camp and its inhabitants, it has not been enough to ensure the entry of humanitarian aid convoys.
But there is hope that relief may come. Against the backdrop of accusations and condemnations being circulated, many are looking to Russia to step in and, much as it did when it induced the Assad government to get rid of its chemical weapons, pressure the government to at least lift its own part of the siege.
There are critics of the idea, however. Mr. Ibrahim Amin, Editor in Chief of Lebanon’s Al Akbar daily newspaper, argues that somehow because Palestinians have been given many more civil rights in Syria than, for example, Lebanon—which to Syria’s great credit is true—then the refugees must somehow be at fault for their own slaughter and siege at Yarmouk. It is nonsense, of course, as also is his statement that, “In Syria, Palestinians were citizens.”—nonsense because, for example, Palestinians cannot vote in Syrian elections. Amin should know this, and he should know that they have never been made citizens of Syria, for this is common knowledge.
Nevertheless, writing in the January 13 issue of his newspaper, Editor Amin piles blame on the victims, rather than the perpetrators, by seeming to argue that they deserved it—the babies dying of malnutrition, the people suffering from dehydration and disease caused by the siege of their camp. He demands to know, “What pushed Palestinians in this camp to believe in toppling Bashar al-Assad? No sane person ever figured that much of the camp would raise their weapons in the face of Syria.”
More nonsense from the Editor-in-Chief since virtually every Palestinian organization and leader, and virtually every resident living in any one of UNWRA’s 54 camps, including the ten in Syria, have repeatedly proclaimed their non-involvement in the Syria conflict. Presumably in his line of work Mr. Amin would know this. And presumably, if he took the time to speak to any Palestinians about the conflict in Syria, he would likely be advised that they are grateful to the Syrian people for hosting them. He might also be advised that they regret that some of their leaders got involved with the conflict in Iraq under Saddam Hussein, since innocent Palestinian civilians paid dearly, and that they will not repeat the mistake in Syria. It is a fact that some individual Palestinians, following the intense December 12-17, 2012 shelling and bombing of parts of Yarmouk, turned against those who were blamed for targeting them.
“Those who stayed are the ones who refused to go through a new displacement, as well as members of armed groups and their families,” Mr. Amin states, though without offering any evidence. He goes on: “In a few months the camp was transformed into a haven for groups like the Islamic State of Iraq and Syria (ISIS) and al-Nusra Front.” Again his assertions are false and politically motivated. Those who stayed are overwhelmingly those refugees who cannot escape. The Syrian army to its credit has not invaded the camp, but it does surround and seals most of it. Some rebel groups are hiding inside and terrorizing the camp.
It is egregious for Mr. Amin to misrepresent the facts of Palestinian neutrality in Syrian camps; it is doubly egregious for him to do so apparently wishing to gain approval from Syrian or Resistance leaders. Neither is likely to be other than embarrassed by Mr. Amin’s gross misrepresentations or his gratuitous ad hominem attacks on refugee camp victims of war crimes. The Editor-in-Chief’s distortions do not help the Resistance but rather harm it. As does his insistence that the murder of Lebanon’s former Prime Minister Rafik Hariri eight years ago was done with a ‘secret missile’ fired from the Zionist regime occupying Palestine. There are a fair number of “Resistance groupies” and bloggers, well-meaning perhaps, but who in many cases actually aid enemies of the Resistance through their clumsy attempts at water carrying while ignoring reality.
But there is good news awaiting Mr. Amin if he will accept an invitation from one who considers himself to have been “Hezbollah” long before the 1985 “Open Letter” announcing the organizing of the Party of God next to where this observer gets his motorbike repaired in Ouzai. That is to say “Hezbollah” in the sense that since studying international law in law school this observer has supported the liberation of Palestine while rejecting the last of the 19th century’s colonial enterprise still occupying Palestine, and in the sense that this observer shares Hezbollah’s resistance goals and their declared responsibility to continue the struggle until achieving the full Right of Return. Oh yes, to be sure, this observer is not a card-carrying member of the Resistance, as I want to remind dear friend Jeff Feltman, who swore at an embassy Christmas party a while back that “Lamb faces ten years hard time in the feds when he dares to set foot on American soil for hobnobbing with terrorists”—though given the fact that Jeff had been imbibing some Christmas cheer when he made that statement to an embassy staffer, he has perhaps forgotten it now, which would be good news.
But at any rate, for Mr. Amin, here is what a fellow supporter of the Resistance is willing to do to possibly help him re-assess his conclusion about what is going on in Yarmouk: I invite Mr. Amin to appear in the lobby of the Dama Rose hotel in Damascus at 9 a.m. sharp on January 24. I will buy him breakfast, and as we dine, two contacts from Yarmouk will brief him on our morning program—a program that will include Mr. Amin discretely accompanying us to the south side of Yarmouk, where, depending on conditions that morning, we will arrive in front of the Zakerin Mosque in Al-Buweida, maybe 300 yards from the Az-Zain neighborhood. Mr. Amin will then need to join us crawling through a rather claustrophobic and smelly 30” diameter drain pipe that is approximately 40 yards in length. We will at this point hopefully end up safely in the basement of “Abu Ali’s” remaining half-house, where several refugees are still trapped. Mr. Amin can also visit with others next door. He should bring some cash, however, because his host doesn’t have much and we may need a bit to bribe a couple of gun-kids from one of the militias to facilitate our exit in case we are ratted out, so to speak.
Finally Mr. Amin will be able to see for himself, and listen to direct testimony, about what presently is, and has been, happening inside Yarmouk. He can ask the weakened residents about the conclusions he confidently presented in his Al Akbar article in which he claimed that the Yarmouk tragedy and crimes are their fault, or, as he so confidently put it, “Today, the unfolding events (in Yarmouk) are 100 percent a Palestinian responsibility.” He may be surprised at what he learns about camp residents still trapped there, people scrabbling to feed themselves, and who have had no say or active role in the deplorable events that have overtaken them.
Just maybe, then, Mr. Amin will be motivated to edit a bit his earlier ridiculous broadside attacking the victims of the Yarmouk siege. And should he feel any contrition, maybe he will devote some of his energy and space in his newspaper to actually working for two elementary civil rights for Palestinians in Lebanon—the right to work and home ownership. Their achievement will benefit Lebanon and the Resistance, both of which Mr. Amin claims to support.
The globalists put their plan into motion decades ago. The proper meaning of the headline is not that China is an economic miracle, but that the United States, systematically stripped of its industrial might, is destined to fall even further. The Chinese economy is a haven of direct transnational integration. The outsourcing of manufacturing from domestic capacity is not solely a response of cheaper economic cost of goods production. No, the underlying reason for the migration of product assemblage is to weaken an independent American economy.
The news of this long awaited milestone, primarily announced in the foreign press, almost has a ring of glee. The Guardian reports that China surpasses US as world’s largest trading nation.
“China’s annual trade in goods passed the $4tn (£2.4tn) mark for the first time last year according to official data, after exports from the world’s second largest economy rose 7.9% to $2.21tn and imports rose 7.3% to $1.95tn.
As a result total trade rose 7.6% over the year to $4.16tn. The US is yet to publish its 2013 trade figures, but with trade totaling $3.5tn in the first 11 months of the year, it is unlikely to beat China.”
“It’s always been a matter of time until China surpasses the US … and there are good reasons to believe that China is likely to retain this pole position for the foreseeable future.
“The trade figures look very healthy and the factors underpinning them are structurally sustainable. It is hard to see them being reversed significantly, at least in the short to medium term.”
Contrast this viewpoint with the assessment out of Marketwatch.
“And let’s not forget: The economic data out of Chinese agencies has long been seen as a bit questionable. Even the country’s own statistics office has said it is trying to clean up the inaccuracies. As our own Michael Kitchen points out, trade data has come under particular suspicion, as businesses disguise some money flows as trade to try to bypass controls.”Of course, the U.S. press continues to make excuses that conceal the betrayal of American trade policy goals and practices. These are the same business journalists that repeat the statistical figures coming out of recent administrations that need revisions, when caught in dramatic errors of omission or deception.
Proponents of a structured destruction of America’s economy, laud international trade, as long as it slanted to eliminate domestic survival and reduces our standard of living. This lunacy, stated in Benefits of International Trade, does not square with the aftermath of a trade deficit that has become a permanent fixture.
Some important benefits of International Trade
- Enhances the domestic competitiveness
- Takes advantage of international trade technology
- Increases sales and profits
- Extend sales potential of the existing products
- Maintain cost competitiveness in your domestic market
- Enhance potential for expansion of your business
- Gains a global market share
- Reduce dependence on existing markets
- Stabilize seasonal market fluctuations
Now examine the real significance of this “Free Trade” globalist plan for America.
1. How can domestic competitiveness improve, when entire industries move offshore?
2. Where is the advantage in developing new technology domestically and transferring it to foreign plants, even if owned by “so called” U.S. national companies?
3. Increase sales and profits, booked by foreign subsidiaries, means that the capital is not repatriated back.
4. If products produced domestically, shipped, and sold to overseas markets, there would be a valid benefit. However, the direction is in reverse.
5. Maintaining cost competitiveness translates into closing domestic facilities.
6. Expansion of business means look overseas because domestic consumers have less money to spend.
7. Oh yes, the holy grail of market share, means last company standing, since domestic markets have reduced sales.
8. Yep, now that existing domestic markets are sinking, move your boat to a different ocean.
9. Seasonal fluctuations means that booms are past profit spikes, the new normal is a perpetual dip.
The Chinese perspective as reported in China Daily from Wang Haifeng, a researcher with the Institute for International Economic Research at the National Development and Reform Commission, needs especial emphasis.
“The size of the value of the trade in goods tells just one side of the story. The other side is that China’s export competitiveness, as well as the competitiveness of its trade structure, is far behind the US. The competitive advantage of US exports centers on its technology, quality and brands, with added-value being very significant. China’s export prices are much cheaper on average and a large part of its exports are from OEMs (original equipment manufacturers),” Wang said.
When an economic system intentionally transfers their technological advantages, inventions and intellectual edge to a foreign country so that companies can avoid domestic taxation or onerous regulation, the future adverse and inevitable consequences with such relocations, are preordained.
According to World Bank data, in 2011, the US GDP reached $15 trillion while China totaled $7.3 trillion. Just how long will it take this gap to narrow and surpass the U.S. GDP?
If a comparison of gambling revenue is a leading indicator, just look at Chinese Territory Broaden Lead as Global Casino Capital. “It now takes Macau’s gamblers just one day to wager what’s bet in an entire week on the Las Vegas Strip.” To make thing even worse, Nevada’s biggest casinos lose $1.35B in 2013.
This example demonstrates the extravagant cash flow and disposable income that is circulating in China. Much of this opulence comes from the pocketbooks of struggling Americans, who buy essential or sustainable goods that have a made in China label.
Tech firms transfer the secrets of their products and software to their Chinese partners as the U.S. government subsidized consumer or the remnant middle class, just deepen this destructive cycle. This absurd economic bargain drives the wealth disparity to irrational levels. That is exactly the objective of the globalists, and the rest of us are mere spectators as the Chinese laugh at our stupidity.
A few years back, at the end of 2009, I was approached on two separate occasions by people claiming to be “representatives” of a digital alternative currency format. I was, of course, intrigued by the initial proposal, being that I had been writing for some time on the concept of non-participation as a way to insulate average Americans from the dangers of our unstable fiat driven mainstream economy. Before that, I had already dealt with just about every currency alternative one could imagine; from paper scripts backed by goods, to scripts backed by time or labor, to gold and silver laden currency cards, etc, etc. All of them had the advantage of NOT relying on private Federal Reserve notes, and all of them had flaws as well. The proposed digital script, which the representatives called “Bitcoin”, was no different.
The idea was to recruit my website as a promoter for bitcoin, but I had many questions before I would stick my neck out on a brand new high-tech anti-currency, and most of these question were not answered in any satisfactory manner.
There is no shortage of “solutions” in Liberty Movement circles, but many of these solutions require that we work within the system according to establishment rules (which they can change at any given moment). They assume that the system will abide by some kind of internal code, that our candidates will be treated fairly, that elections will not be rigged, that a better methodology or technology will be acknowledged and eventually adopted, that the “majority” of the public will someday see the light and back our cause, that the elite will not simply decide to put a bullet in our head.
The reality is, if a solution is dependent on a paradigm controlled by the corrupt system you are trying to change, it is no solution at all. Because of this, my focus has always been on methods that separate Americans from reliance on the system as much as possible.
When first confronted with bitcoin activism, I recognized almost immediately that this was NOT a method that operated outside the system, even though it tried very hard to appear that way. It was high-tech, it was sexy (admittedly far sexier in its presentation than gold and silver), and it catered to the egos of the digital generation, the loudest voices in media today. This thing was certainly marketable. However, just because something is highly marketable does not make it a good idea, or a meaningful alternative.
The Tantalizing Allure Of Non-Solutions
When a person invests a sizable amount of capital into an idea, not to mention a sizable amount of philosophical faith, they tend to lose a measure of objectivity. This is not just a struggle for proponents of bitcoin but for proponents of ALL methodologies. I do believe that many bitcoin promoters have the best of intentions, and that they are seeking some way to break from what they understand is a corrupt financial structure. That said, there is an escalating streak of elitism within the bitcoin culture, and I have witnessed on numerous occasions the kind of anger and immediate dismissal the average statist would spew when they are confronted with criticism. If you dare to question the greater details behind Bitcoin, be prepared to be accused of anything from “conspiracy theory”, to “jealousy” for missing the boat on bitcoin profits, to “ignorance” of the genius of cryptography.
What I came to realize through my questions to bitcoin followers was that many of them were not actually involved in the deeper aspects of the Liberty Movement, constitutional activism, sound money, self defense, and so on. Almost none of them had a preparedness plan, few of them had experience with precious metals, none of them owned firearms, and none of them had any inclination towards the building of local networks for mutual aid. Worst of all, many of them had no understanding of the wider threat of economic collapse that America faces today. In fact, when the possibility of full spectrum collapse is brought up, many Bitcoiners actually respond with the same brand of shallow dismissals that one would expect from the Paul Krugman’s and Ben Bernanke’s of the world.
This reaction is not necessarily shocking. Most people imagine themselves accomplishing heroic feats, and why not? It is one of the more noble and beautiful traits of mankind. For the crypto-engineers of the new century and the digital generation overall, heroics have felt unattainable. Elections are finally being recognized as the sham they represent, while protest activism has fallen flat on its face. The concept of peaceful redress of grievances has been met with rather frightening displays of state violence and censorship to which a physical response for the common protestor is unthinkable. The signs and slogan chants may have inspired the education of some, but in the meantime, they have accomplished very little in terms of political or social change. The bottom line is that the establishment LOVES non-aggression protests – they have no plan, few concrete goals, and present no overt threat to the elite.
The system only grows more despotic, more invasive, and more dangerous. Anti-establishment champions have been searching for something that goes beyond mere “education”, or clamoring like caged monkeys for media attention. They want to storm the castle, they want to fight back, but they haven’t the slightest clue how. They desire an intellectual method of combat, something with far less fear, far less risk, and far less pain. Enter Bitcoin.
Bitcoin gives the digital generation the chance to feel heroic where they never could before. They don’t have to face the machine head on. They don’t have to fight. They don’t have to suffer. They don’t have to die. All they have to do is utilize some cryptographic wizardry within the supposedly anonymous safety of the web, buy bitcoins en masse, and the system would crumble at their feet, rebuilt in the name of free markets by the electronic commons and without a shot fired. Again, very sexy…
Unfortunately, the real world does not necessarily lend itself to the demands of the digital. The digital world is at the mercy of physical. The real world is rarely sexy; often it is ugly, brutal, hypocritical, illogical, and psychotic. The real world, at times, can break, and when it does the digital will break with it. The digital world is in large part a fantasy supported by the whims of the real. Which leads me to the core failings of the bitcoin adventure…
We’ve all heard praises lavished on bitcoin, not only from the web activists but from the mainstream media itself. Establishment controlled outlets like Reuters and Bloomberg have an astonishing number of bitcoin stories per week, and most of these stories paint the crypto-currency in a positive light. We’ve heard about bitcoin’s “unbreakable” cryptography. Its finite supply. The inability to duplicate the currency from thin air. Its rising acceptance in the corporate world. The Cinderella stories of bitcoin investors buying Lamborghinis and New York brownstones. Even Ben Bernanke seems to have a soft spot for bitcoin:
But is bitcoin’s rise really all it’s cracked up to be? Here are just a few of the problems which lead me to believe the digital currency is ultimately a clever distraction.
Who really started Bitcoin?
One of my first questions to bitcoin representatives back in 2009 was WHO, exactly, founded the operation? Well, Satoshi Nakamodo, everyone knows that, right? But who the hell is Satoshi Nakamodo? Who is the original designer of bitcoin? Who holds the foundational key to the structure of bitcoin’s cryptography? Is Nakamodo a person, or a group? Why should we trust him, or them, to safeguard our wealth any more than the Federal Reserve? The fact is no one except maybe Gavin Andresen, the chief scientist at the Bitcoin Foundation, knows who is behind the digital currency. We actually know more about the banking elites behind the Fed than we do about the founders of bitcoin.
The common response to this concern is to suggest that it doesn’t really matter, bitcoin is secure, it is open source, it is cryptography’s holy grail, the creators are protecting their identities against retribution from the establishment, and the excuses go on…
I’m sorry, but this attitude constitutes an act of blind faith in a currency mechanism, which is exactly what proponents of the dollar are guilty of. If an activist individual or group is going to offer a solution to the movement, then they had better be willing to take the risk of being personally available to the movement. If you don’t have the balls to show your face to help legitimize your idea, I can’t take your idea seriously. Maybe I’m just old fashioned…
For all we know, bitcoin is a creation of the establishment, not a creation countering the establishment. After all, the globalists WANT the destruction of the dollar – why not let the public destroy the dollar using a mechanism that ultimately does not represent a threat to the greater bankster cartel?
The Media Love Affair With Bitcoin
During the first and second Ron Paul campaigns, the mainstream media made a blatant and obvious effort to purposely ignore the candidate, his arguments, and his successes. Coverage was next to nil. His expansive crowds of supporters were edited out of news footage. His high polling numbers were censored. If not for the independent media, you wouldn’t have known the guy existed. When someone or something presents a legitimate threat to the establishment, the establishment’s first tactic is to make sure no one knows.
Bitcoin, on the other hand, has received a steady flow of positive media attention, with the random critical piece thrown in for good measure. Overall, the establishment has embraced, if not directly fueled, the bitcoin trend. This is rather surprising to me considering the “destroyer of the dollar” has only been around for four years.
When an anti-establishment vehicle suddenly becomes the center focus of establishment affections, and when globalist monsters like Ben Bernanke throw flower petals in its path, I have to wonder if Bitcoin is a real threat, or just a ruse.
Bitcoins Can Indeed Be Confiscated
Some of the early hype surrounding Bitcoin claimed that the currency could not be confiscated, making it “better than gold” (the better than gold motto has been widely espoused by Gavin Andresen). This claim turned out to be false when the FBI became the holder of the world’s LARGEST Bitcoin wallet:
I find arguments that this is only a temporary condition and that the feds will eventually auction off their holdings a bit laughable, but indicative of the denial inherent in Bitcoin culture.
Bitcoin Values Can Be Manipulated
Another claim heard was the assertion that bitcoins cannot be created out of thin air, they must be “mined” using powerful computers, which removes centralized manipulation of value. This may be true in certain respects (for now), but anything digital can be exploited in one way or another.
Bitcoin malware, for instance, hijacks the computers of unwitting people and uses them to artificially “mine” the currency.
The bitcoins mined are then transferred into the hands of anonymous hackers. This represents a serious threat to the stability of bitcoin because it creates an invasive form of attack speculation. Bitcoins can be removed from the market and deliberately hoarded. Hackers, or governments could conceivably kill bitcoin by mining a large portion of them out of circulation, artificially hyperinflating the value of the remaining coins (like a speculator would do with commodities), or dumping a large portion and abruptly cutting the value. Major bitcoin hoarders could use their massive bitcoin stakes to shift values at will. As long a Bitcoin operates on supply and demand, it can be threatened through speculation like ay other commodity (if you consider digitized numbers floating around the web a commodity).
Bitcoin Is Not Private
While bitcoins can apparently be stolen or criminally mined by anonymous persons or organizations, honest users are subject to considerable scrutiny. A disturbing aspect of bitcoin is the group surveillance that goes into tracing transactions, otherwise known as the “proof of work system”. The bitcoin network is constantly dependent on decoders who track and verify bitcoin trades in order to ensure that the same bitcoins are not used during multiple trades or purchases. Anyone with the desire could decode the transaction history of the network, or “block chain”, including governments. Though Bitcoiners are considered “partially anonymous”, tracking the individual identity of a bitcoin trade is not difficult for entities such as the NSA because every transaction leaves a digital trail..
The use of anonymising browsers like Tor also have not produced the kind of privacy that was promised when bitcoin was introduced.
This is exactly the kind of currency system global bankers have sought for some time – total information awareness of all financial transactions and purchases within the system. While bitcoin proponents claim that their currency is a revolution against centralized oversight of monetary transactions, the truth is they have built the perfect centralized surveillance solution. Paper dollar purchases are difficult to trace. Gold, silver, and barter purchases are nearly impossible to track. Bitcoin, though, is the most traceable form of currency on the planet, and this is basically REQUIRED by the network itself. The entire trade history of every bitcoin is recorded. The digital landscape is the ultimate form of privacy invasion, especially for the likes of super computer wielding agencies like the NSA. Bitcoin aids the development of this intrusive system.
Bitcoin Relies On The Continued Survival Of The Open Web
Yes, bitcoins can be stored on physical wallet devices, but the majority portion of bitcoin trading and bitcoin mining requires the continued operation of the web. The internet is NOT a creative commons, as many believe. It is in fact a controlled networking system that we have simply been allowed to use. The exposure by Edward Snowden of NSA activities has proven once and for all that nothing you do on the web is private. Everything is tracked and recorded. Period.
Web access can also be easily denied by governments, and power centers around the globe have been utilizing this option more and more. During a national crisis, whether real or engineered, the continued function of the internet as we know it is not guaranteed. A currency relying on a government dominated internet is not truly independent. A grid down situation would also make bitcoin stores virtually useless.
The Suspicious Nature Of Bitcoin
Bitcoin is consistently touted as a superior option to precious metals as a way to decouple from central bank fiat. Under examination, though, it appears to me that bitcoin is instead a deliberate distraction away from gold and silver, and other tangible solutions; in other words, I believe it to be a form of controlled opposition.
A vital aspect of physical gold and silver investment is not only to break from the dollar, but to also remove physical metal from the system and starve international banks that issue millions of fraudulent unbacked paper certificates. The strategy, which I still stand by, is for the public to absorb as much of the precious metals market as possible until manipulators like JP Morgan finally have to admit that they don’t have the coins and bars to back all the fake ETF’s they have been issuing investors for years. In the process, we decouple from the dollar AND do damage to the banking cartel itself. The bitcoin fad, in my opinion, is designed to lure the public away from overtaking the metals market while banks and foreign governments vacuum up remaining physical in preparation for a dollar collapse.
Bitcoin’s market value is not only extremely volatile, the currency is also subject to replacement at any time. Anyone with an interest can create a cryptocurrency. There is nothing particularly special about the bitcoin design, and if someone offered a digital currency tomorrow that was truly anonymous, it could quickly supplant bitcoin. Though its cryptography makes it difficult to artificially inflate (again, for now), other digital currencies can still be produced out of thin air. Bitcoiners desperately want to equate cryptography with tangibility, but the truth is that there is no comparison. Physical gold and silver cannot be artificially produced by anyone, anywhere. Digital currencies can be produced at will and hyped like Dutch tulip mania.
The most unsettling aspect of bitcoin, however, is not its distraction away from precious metals. Rather, it is the distraction away from localized solutions. Bitcoin proponents may be searching for decentralization, but they seem to have forgotten the most most important part of the process – localism. The trade of digital mechanisms over impersonal web networks and online marketplaces is not conducive to local economic stability or sustainability. Bitcoin does not encourage people to build local markets, to adopt useful trade skills, to prepare for a grid down scenario, or circulate wealth within one’s community. Bitcoin only furthers the removal of independence and self sustainability from local economies by fooling activists into thinking that buying things without dollars is enough.
If Americans in particular want to pursue any solution to the threat of globalism or dollar collapse, they are going to have to start with themselves, and the community around them. Online trade is the last thing they should be worried about. Only when neighborhoods, towns, and counties become producers and self suppliers will they be safe from financial instability. Only when those same communities band together for mutual aid and self defense will they be safe from tyrannical political entities. Bitcoin accomplishes nothing in either of these categories, making it possibly the most popular non-solution for liberty to date.
Source: Brandon Smith | Alt-Market
It is the responsibility of intellectuals to speak the Truth and expose lies. — Noam Chomsky.
My book, The Wizards of Ozymandias, was dedicated “To the memory and spirit of Sophie and Hans Scholl and the White Rose, who reminded us what it means to be civilized.” These wonderful young people — most in their teens or twenties — lived in Germany during the Hitler regime, and spent much of their time writing and distributing leaflets exposing and criticizing the policies and practices of the Nazi state. They were found out; brought to trial; found guilty of treason, the demoralization of the troops, and abetting the enemy, and summarily beheaded. Sophie’s Gestapo interrogator raises the same arguments one hears directed against such modern speakers of truth as Chelsea Manning, Ed Snowden, Julian Assange, Glenn Greenwald, and others. Those whose moral and intellectual standards can rise no higher than to whine “the law is the law,” would do well to consider the exchange between Sophie and her prosecutor. The Nazi functionary declares: “Without law, there is no order. What can we rely on if not the law?” Sophie responds: “Your conscience. Laws change. Conscience doesn’t.”
Our Western culture is in a state of total collapse. Our institutionalized world is increasingly hostile to any utterances of truth that would be upsetting to the status quo. The mainstream media and most of academia long ago gave themselves over to propagandizing on behalf of defending and/or enhancing the coercive power structure of the state. When war policies are under discussion, retired Army generals or officials from “think-tanks” funded by the national defense industry, are trotted out to “debate” such non-issues as how many troops to send in, who to attack, etc., etc., all to maintain the pretense of having a “fully-informed” public. But when was the last time you saw a Robert Higgs, Noam Chomsky, Lew Rockwell, Amy Goodman, Justin Raimondo, Angela Keaton, Karen Kwiatkowski, Chris Hedges, or other critic of the war system allowed to raise the kinds of questions that are not supposed to be asked in this best of all possible worlds? Do you recall the insult to human intelligence perpetrated by the GOP (Grand Old Pettifoggers) in its efforts to prevent Ron Paul from expressing his contrary views?
Noam Chomsky’s above quote doesn’t go far enough: it is the responsibility of all thinking people — not just so-called “intellectuals” — to speak the truth and to expose lies! To this end, increasing numbers of people understand that the sources to whom they have been conditioned to look for truth, analysis, and understanding, have largely failed in their roles. To put the proposition more frankly: more and more people have grasped the fact that the free flow of information is disruptive of the interests of the institutional order, whose established position depends upon suppressing or destroying all evidence of the lies, conflicts, contradictions, and destructive nature upon which its primacy depends. This is why so much of the media and academia are peopled with those unable or unwilling to shed light on the dysfunctional nature of the well-ordered madness of the world; men and women who remain content to tread water at the shallow end of the human gene pool!
The political establishment has implicitly embraced the mindset of Hitler’s Propaganda Minister, Dr. Joseph Goebbels:
The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension the truth becomes the greatest enemy of the State.
This is why the state is so threatened by such modern technologies as the Internet, as well as by the “whistleblowers” who insist on exposing the state’s embarrassing truths to the general public. It is also why the classic The Emperor’s New Clothes needs to be read to every child — as well, perhaps, to adults.
Cable news channels continue providing platforms for those who remind us that the whistleblowers “broke the law,” and need to be punished. They recite their bromides with the kind of self-assurance that comes from the delusion that they are actually saying something profound. I find it particularly amusing to hear such babbling coming from lawyers who ought to know that all laws are meant to be broken. Imagine what would happen if every legal dictate were to be obeyed by everyone: no speeding or reckless driving; no illegal drug use; no murders, rapes, or robberies; no discriminatory hiring practices; no zoning violations; etc. What would be the likely consequences? Men and women might then begin to ask the kinds of questions the state could not afford to have asked: why do we need the police, or courts, or prisons? In the world of realpolitik, those who are driven not by a need for social order, but by the ambition for coercive power over their neighbors, would have to dream up new “wrongs” to be policed. The mania that underlies political programs based on “climate change” is just one example of how those who want power over others must invent more and more “conflicts” with which to rationalize their coercive ambitions. It is this sense that Edmund Burke had in mind when he characterized lawyers as “the fomenters and conductors of the petty wars of village vexation.” The habit is not confined to lawyers!
This also explains Randolph Bourne’s observation that “war is the health of the state.” The war system — whose schemes and chicanery the whistleblowers have been exposing — depends upon the kinds of endless conflicts with the rest of the world that will cause Boobus Americanus to part with his liberty, wealth, and life.
Sophie and Hans Scholl and their White Rose friends had minds capable of distinguishing what was legal and what was right, a skill that depends upon separating what is popular from what is true. Sophie’s insights were reflected, years later, in Hannah Arendt’s observation: “The aim of totalitarian education has never been to instill convictions, but to destroy the capacity to form any.”
Butler Shaffer teaches at the Southwestern University School of Law. He is the author of the newly-released In Restraint of Trade: The Business Campaign Against Competition, 1918–1938, Calculated Chaos: Institutional Threats to Peace and Human Survival, andBoundaries of Order. His latest book is The Wizards of Ozymandias.
Source: Butler Shaffer | LewRockwell.com
It was the winter of 1939, only a few months earlier the Soviet Union and Hitler’s Third Reich had signed a partially secret accord known as the Molotov-Ribbentrop Pact; essentially a non-aggression treaty which divided Europe down the middle between the fascists and the communists. Hitler would take the West, and Stalin would take the East. Stalin’s war machine had already steamrolled into Latvia. Lithuania, and Estonia. The soviets used unprecedented social and political purges, rigged elections, and genocide, while the rest of the world was distracted by the Nazi blitzkrieg in Poland. In the midst of this mechanized power grab was the relatively tiny nation of Finland, which had been apportioned to the communists.
Apologists for Stalinist history (propagandists) have attempted to argue that the subsequent attack on Finland was merely about “border territories” which the communists claimed were stolen by the Finns when they seceded from Russia during the Bolshevik Revolution. The assertion that the soviets were not seeking total dominance of the Finns is a common one. However, given the vicious criminal behavior of Russia in nearby pacified regions, and their posture towards Finland, it is safe to assume their intentions were similar. The Finns knew what they had to look forward to if they fell victim to the iron hand of Stalin, and the soviet propensity for subjugation was already legendary.
The Russian military was vastly superior to Finland’s in every way a common tactician would deem important. They had far greater numbers, far better logistical capability, far better technology, etc, etc. Over 1 million troops, thousands of planes, thousands of tanks, versus Finland’s 32 antiquated tanks, 114 planes which were virtually useless against more modern weapons, and 340,000 men, most of whom were reservists rallied from surrounding farmlands. Finland had little to no logistical support from the West until the conflict was almost over, though FDR would later pay lip service to the event, “condemning” soviet actions while brokering deals with them behind the scenes. Russian military leadership boasted that the Finns would run at the sound of harsh words, let alone gun fire. The invasion would be a cakewalk.
The battle that followed would later be known as the “Winter War”; an unmitigated embarrassment for the Soviets, and a perfect example of a small but courageous indigenous guerrilla army repelling a technologically advanced foe.
To Fight, Or Pretend To Fight?
Fast forward about seven decades or so, and you will discover multiple countries around the globe, including the U.S., on the verge of the same centralized and collectivized socialist occupation that the Finnish faced in 1939. The only difference is that while their invasion came from without, our invasion arose from within. The specific methods may have changed, but the underlying face of tyranny remains the same.
In America, the only existing organization of people with the slightest chance of disrupting and defeating the march towards totalitarianism is what we often refer to as the “Liberty Movement”; a large collection of activist and survival groups tied together by the inexorable principles of freedom, natural law, and constitutionalism. The size of this movement is difficult to gauge, but its social and political presence is now too large to be ignored. We are prevalent enough to present a threat, and prevalent enough to be attacked, and that is all that matters. That said, though we are beginning to understand the truly vital nature of our role in America’s path, and find solidarity in the inherent values of liberty that support our core, when it comes to solutions to the dilemma of globalization and elitism, we are sharply divided.
While most activist movements suffer from a complete lack of solutions to the problems they claim to recognize, constitutional conservatives tend to have TOO MANY conceptual solutions to the ailments of the world. Many of these solutions rely upon unrealistic assumptions and methods that avoid certain inevitable outcomes. Such strategies center mostly on the concepts of “non-aggression” or pacifism idealized and romanticized by proponents of Gandhi, Martin Luther King Jr, and the anti-war movements of the 1960’s and 1970’s. The post-baby boomer generations in particular have grown up with an incessant bombardment of the “higher nature” of non-violence as a cure-all for every conceivable cultural ailment.
We have been taught since childhood that fighting solves nothing, but is this really true?
I can understand the allure of the philosophy. After all, physical confrontation is mentally and emotionally terrifying to anyone who is not used to experiencing it. The average “reasonable” person goes far out of their way on every occasion to avoid it. Most of the activists that I have met personally who deride the use of force against tyrannical government have never actually been in an outright confrontation of any kind in their lives, or if they have, it ended in a failure that scarred them. They have never trained for the eventuality. Many of them have never owned a firearm. The focus of their existence has been to hide from pain, rather than overcome their fears to achieve something greater.
There is nothing necessarily wrong with becoming an “intellectual warrior”, unless that person lives under the fantasy that this alone will be enough to defeat the kind of evil we face today.
Non-aggression methods rely on very specific circumstances in order to be effective. Most of all, they rely on a system of government that is forced to at least PRETEND as if it cares what the masses think of it. Gandhi’s Indian Independence Movement, for example, only witnessed noticeable success because the British government at that time was required to present a semblance of dignity and rule of law. But what happens if a particular tyranny reaches a point where the facade of benevolence disappears? What happens when the establishment turns to the use of the purge as a tool for consolidation? What happens when the mask comes completely off?
How many logical arguments or digital stashes of ethereal Bitcoins will it take to save one’s life or one’s freedom then?
Arguments For And Against Violent Action
The position against the use of “violence” (or self defense) to obstruct corrupt systems depends on three basic debate points:
1) Violence only feeds the system and makes it stronger.
2) We need a “majority” movement in order to be successful.
3) The system is too technologically powerful – to fight it through force of arms is “futile”, and our chances are slim to none.
First, violence does indeed feed the system, if it is driven by mindless retribution rather than strategic self defense. This is why despotic governments often resort to false flag events; the engineering of terrorist actions blamed on scapegoats creates fear within the unaware portions of the population, which generates public support for further erosion of freedoms. However, there is such a thing as diminishing returns when it comes to the “reach, teach, and inspire” method.
The escalation of totalitarianism will eventually overtake the speed at which the movement can awaken the masses, if it has not done so already. There will come a time, probably sooner rather than later, when outreach will no longer be effective, and self defense will have to take precedence, even if that means subsections of the public will be shocked and disturbed by it. The sad fact is, the faster we wake people up, the faster the establishment will degrade social stability and destroy constitutional liberties. A physical fight is inevitable exactly because they MAKE it inevitable. Worrying about staying in the good graces of the general populace or getting honest representatives elected is, at a certain point, meaningless. I find it rather foolish to presume that Americans over the next decade or two or three have the time needed to somehow inoculate the system from within. In fact, I’m starting to doubt that strategy has any merit whatsoever.
Second, the idea that a movement needs a “majority” of public backing to shift the path of a society is an old wives tale. Ultimately, most people throughout history are nothing more than spectators in life, watching from the sidelines while smaller, ideologically dedicated groups battle for superiority. Global developments are decided by true believers; never by ineffectual gawkers. Some of these groups are honorable, and some of them are not so honorable. Almost all of them have been in the minority, yet they wield the power to change the destiny of the whole of the nation because most people do not participate in their own futures. They merely place their heads between their legs and wait for the storm to pass.
All revolutions begin in the minds and hearts of so-called “outsiders”. To expect any different is to deny the past, and to assume that a majority is needed to achieve change is to deny reality.
Third, I’m not sure why non-aggression champions see the argument of statistical chance as relevant. When all is said and done, the “odds” of success in any fight against oligarchy DO NOT MATTER. Either you fight, or you are enslaved. The question of victory is an afterthought.
Technological advantage, superior numbers, advanced training, all of these things pale in comparison to force of will, as the Finnish proved during the Winter War. Some battles during that conflict consisted of less than a hundred Finns versus tens-of-thousands of soviets. Yet, at the end of the war, the Russians lost 3500 tanks, 500 aircraft, and had sustained over 125,000 dead (official numbers). The Finns lost 25,000 men. For every dead Finn, the soviets lost at least five. This is the cold hard reality behind guerrilla and attrition warfare, and such tactics are not to be taken lightly.
Do we go to the Finnish and tell them that standing against a larger, more well armed foe is “futile”? Do we tell them that their knives and bolt action rifles are no match for tanks and fighter planes? And by extension, do we go to East Asia today and tell the Taliban that their 30 year old AK-47’s are no match for predator drones and cruise missiles? Obviously, victory in war is not as simple as having the biggest gun and only the uneducated believe otherwise.
The Virtues Of Violence
The word “violence” comes with numerous negative connotations. I believe this is due to the fact that in most cases violence is used by the worst of men to get what they want from the weak. Meeting violence with violence, though, is often the only way to stop such abuses from continuing.
At Alt-Market, we tend to discuss measures of non-participation (not non-aggression) because all resistance requires self-sustainability. Americans cannot fight the criminal establishment if they rely on the criminal establishment. Independence is more about providing one’s own necessities than it is about pulling a trigger. But, we have no illusions about what it will take to keep the independence that we build. This is where many conceptual solutions are severely lacking.
If the system refuses to let you walk away, what do you do? If the tyrants would rather make the public suffer than admit that your social or economic methodology is better for all, how do you remove them? When faced with a cabal of psychopaths with deluded aspirations of godhood, what amount of reason will convince them to step down from their thrones?
I’m sorry to say, but these questions are only answered with violence.
The Liberty Movement doesn’t need to agree on the “usefulness” of physical action because it is coming regardless. The only things left to discern are when and how. Make no mistake, one day each and every one of us will be faced with a choice – to fight, or to throw our hands in the air and pray they don’t shoot us anyway. I certainly can’t speak for the rest of the movement, but in my opinion only those who truly believe in liberty will stand with rifle in hand when that time comes. A freedom fighter is measured by how much of himself he is willing to sacrifice, and how much of his humanity he holds onto in the process. Fear, death, discomfort; none of this matters. There is no conundrum. There is no uncertainty. There are only the chains of self-defeat, or the determination of the gun. The sooner we all embrace this simple fact, the sooner we can move on and deal with the dark problem before us.
Source: Brandon Smith | Alt-Market
In 33 years of forecasting trends, the Trends Research Institute has never seen a new year that will witness severe economic hardship and social unrest on one hand, and deep philosophic enlightenment and personal enrichment on the other. A series of dynamic socioeconomic and transformative geopolitical trend points are aligning in 2014 to ring in the worst and best of times.
Ready or not, here they come.
March Economic Madness: One of the most difficult aspects of trend forecasting is getting the timing right. And when it comes to economics, there are many wildcards that can stall or detour any on-rushing trend. We called the Crash of ’87, the 1997 Asian Currency Crisis and the Panic of ’08 (we even established the domain name in 2007) right on the button. But we missed the mark with our Crash of 2010 prediction.
Why? The Federal Reserve and central banks around the world were secretly pumping tens of trillions of dollars into a failing financial system. These were, at the time, unimagined schemes for nations that pride themselves on capitalism. And while we are not naïve to the dirty dealings of the financial industry, rigging the daily multi-trillion dollar LIBOR and FOREX markets was not on our radar. Thus, what we believed to be economic truths and hard facts were, in fact, cover-ups and lies….
Such unforeseeable factors aside, we forecast that around March, or by the end of the second quarter of 2014, an economic shock wave will rattle the world equity markets. What will cause this econo-shock? How can you prepare for it? It’s a Top Trend of 2014. Read about it in the Winter Trends Journal.
Global Chinatowns: Name the continent or pick a country, every one contains its own brand of Chinatown. The Chinese global buying binge, now in its early growth stage, will noticeably accelerate in 2014. From coal mines in Zambia, to Borscht Belt resorts in New York, to factories in Italy, and to farmlands in Ukraine, a seemingly endless variety of Chinese development projects are being incubated around the world. If there is a deal to be had and a need to be filled, Chinese players are increasingly at the front of the line.
Wealthy investors, college graduates without jobs, skilled and unskilled laborers will be migrating out of their overpopulated, congested and highly polluted nation to foreign shores. Where are the new growth areas? What actions will be taken to stop or control the trend? Who will benefit? Who will lose? And what are the dangers and opportunities? You’ll find the answers in the Winter Trends Journal.
Wake Up Call: Last year we forecast the Great Awakening 2.0, a period reminiscent of the first Great Awakening that provided the intellectual, philosophical and spiritual ammunition that ignited the American Revolution. The “Awakening” has begun. Throughout 2014, and beyond, you will hear the Wake Up Call. It will be loud and distinct.
In 2013, the White House and Congress proved their extreme incompetence with a series of public failures. From closing down the government, to the debt ceiling debacle, to the aborted attack on Syria and, ultimately, to the disastrous launch of Obamacare, the ineptness of our political leaders was overwhelming. As polls show, a majority of citizens registered levels of scorn and ridicule unparalleled in modern America.
But this phenomenon is not limited to America. Around the world, citizen distrust has turned into universal disdain for entrenched political parties whose draconian austerity measures and punishing economic policies have thrown millions into poverty and pushed millions of protesters into the streets. Civil wars, civil unrest, revolts and revolutions will be just some of the cards dealt by an angry public that has lost everything and has nothing left to lose.
Will those in power hear the Wake Up Call? Or will they attempt to stamp it down and drown it out? Hear it or not, the movement is unstoppable. It will be a battle of the classes. What will it mean? Where will it take the biggest toll? Can the protests and disturbances of tomorrow bring peace and enlightenment that will lead to the Great Awakening 2.0? It’s all in the Top Trends 2014 Winter Trends Journal.
Seniors Own Social Media: Seniors now comprise the fastest-growing user segment of the social media world, and the year ahead will see the retail, business, political, health and entertainment industries evolve aggressive strategies to realize the robust economic potential in engaging seniors.
The gamut of possibilities is so grand that we forecast technological and product advances that impact everything from nursing home life to political campaigns and causes. Read the Winter Trends Journal to pinpoint how this trend will unfold and affect you and your interests.
Populism: Regardless of how professional politicians deride it or how the traditional media describe it, “populism” is a megatrend sweeping Europe, and it will soon spread across the globe. Mired in prolonged recession, disgusted with corrupt political parties, and forced to follow EU, ECB and IMF austerity dictates, populist movements are seeking to regain national identity and break free from the euro and Brussels domination. These movements are positioned to bring down ruling parties and build up new ones.
The discontent of the one-size-fits-all Euro Union formula is so deep that populists are expected to gain some 25 percent of the European Parliament seats in next year’s elections. “We have the big risk to have the most ‘anti-European’ European Parliament ever,” cried Italian Prime Minister Enrico Letta. “The rise of populism is today the main European social and political issue,” Mr. Letta added. “To fight against populism, in my view, is a mission today – in Italy and in the other countries.”
Already, some nations, such as Spain, have passed new laws restricting public demonstrations while imposing police-state measures to stamp out dissent. What is the future of populism? How far will it spread? Will it lead to the formation of new parties, or lead to civil wars? Read about it in the Trends Journal’s Top Trends 2014 edition.
Trouble in Slavelandia: Even as total US personal wealth soars above a record high of $77 trillion, fueled by the stock market’s own record highs, life for the growing number of have-nots in Slavelandia has become more desperate. In today’s Plantation Economy – driven by the bottom line needs of multinationals and flailing austerity-prone governments – low-paying service jobs and reduced hours engineered to evade corporate responsibility to provide benefits, are making it tough for the working poor, a group that now includes debt-burdened and underemployed college graduates and seniors as well as the traditional underclass.
Nearly half of the requests for emergency assistance to stave off hunger or homelessness comes from people with full-time jobs. As government safety nets are pulled out from under them – as they will continue to be for the foreseeable future – the citizens of Slavelandia will have no recourse but action. The fast-food worker strikes of 2013, seeking a higher minimum wage, were just a mild taste of what is to come. Learn more in the WinterTrends Journal.
The New Altruism: Several burgeoning trends identified for 2014 will coalesce in a welcome trend toward selfless concern for the wellbeing of others and an interest in the common good. Across the age divide, from people in their youth to those of advanced years, the search for meaning will intensify and become more widespread in response to waning resources, want, and an over-commodified culture. As despair quietly takes more prisoners, Doing Good will be recognized as the key to escape.
Ironically, the Internet that has been much maligned for currying narcissism will make the donation of money, time and talents so easy that people will be able to enact their better natures without resistance. Be they Boomers in renaissance or populists in revolt, people will discover and expand the humanist side of globalism and act accordingly. See why in the Top Trends of 2014 Winter edition of the Trends Journal.
Private Health Goes Public: While the world focused on the blockbuster NSA surveillance revelations and other cyber-snooping episodes of 2013, another powerful trend line was firmly planted: Your health data has been progressively mined, assembled and made accessible to a widening group of interested parties.
While signing up for the Affordable Care Act brought some attention to this developing trend, around the globe, data on individuals’ health status, behaviors, prescriptions and even their genetic indicators have been funneled to a wide range of databases. Those databases have many purposes and a growing number of hands on them.
The positive and negative implications of this trend are equally powerful. Individuals and their health care providers can more easily tie vital physical data with worldwide medical databases to anticipate and potentially prevent disease. But, in the wrong hands, the data can be used to exploit, damage and take advantage of individuals and their families. Security concerns will rise in equal importance with the potential benefits of this critical trend line.
What does this mean for you, your family, or your business? The Winter Trends Journal will provide the answers.
Boomer Renaissance Arrives: Distinct and strengthening economic, lifestyle and societal determinants are building a creative foundation for the older population as it discovers new approaches to work and finds long-elusive contentment in the process.
You already know that older workers, seeing their retirement plans shattered, have to work beyond traditional retirement years. You also know that those same economic dynamics are forcing aging Boomers to entirely rethink retirement. And, of course, you know that as Boomers are living longer, traditional thinking about retirement has been stood on its head. What you might not realize is how these factors are compelling Boomers to unearth potent creative energies not only to survive, but to realize potential that evaded them in traditional work roles.
In 2014, we will see growing evidence of this Boomer Renaissance, accentuated by waves of self-guided entrepreneurism that alchemizes commerce, survival and self-actualization into a new world and self view. The Winter Trends Journal will explore this compelling 2014 trend in depth.
Digital Learning Explodes: Fears that online educational platforms fall short of providing depth and effectiveness in the learning experience will all but disappear. Across the entire educational spectrum, online learning will expand to include not only course instruction, but also a wealth of real-life learning experience, with considerable participation by the skills-hungry business community.
For individuals, educational institutions, industries, small businesses and up-and-coming entrepreneurs, the implications are enormous. From traditional degree-based education to very specific micro skills-based learning, this trend line explodes. The Trends Research Institute will break down the implications for individuals, business professionals and a range of industries in its Winter Trends Journal.
A top financial advisor, worried that Obamacare, the NSA spying scandal and spiraling national debt is increasing the chances for a fiscal and social disaster, is recommending that Americans prepare a “bug-out bag” that includes food, a gun and ammo to help them stay alive.
David John Marotta, a Wall Street expert and financial advisor and Forbes contributor, said in a note to investors, “Firearms are the last item on the list, but they are on the list. There are some terrible people in this world. And you are safer when your trusted neighbors have firearms.”
His memo is part of a series addressing the potential for a “financial apocalypse.” His view, however, is that the problems plaguing the country won’t result in armageddon. “There is the possibility of a precipitous decline, although a long and drawn out malaise is much more likely,” said the Charlottesville, Va.-based president of Marotta Wealth Management.
Marotta said that many clients fear an end-of-the-world scenario. He doesn’t agree with that outcome, but does with much of what has people worried.
“I, along with many other economists, agree with many of the concerns expressed in these dire warnings. The growing debt and deficit spending is a tax on those holding dollars. The devaluation in the U.S. dollar risks the dollar’s status as the reserve currency of the world. Obamacare was the worst legislation in the past 75 years. Socialism is on the rise and the NSA really is abrogating vast portions of the Constitution. I don’t disagree with their concerns,” he wrote.
In his latest note, he said that Americans should have a survival kit to take in case of a financial or natural disaster. It should be filled with items that will help them stay alive for the first 72-hours of a crisis, including firearms.
“A bug-out bag is a good idea depending on where you live even if the emergency is just power outages, earthquakes and hurricanes. And with your preparedness you will be equipped to help others who might be in need,” he wrote. “Be prepared. Especially because it keeps you from being scared.”
He provided a list of items and even a link to bug-out bags on Amazon.
Source: Paul Bedard | Washington Examiner
“The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland; a private bank owned and controlled by the world’s central banks which were themselves private corporations. Each central bank… sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.” – Carroll Quigley, member of the Council on Foreign Relations
If one wishes to truly understand the actions behind private Federal Reserve policy, one must come to terms with a fundamental reality – everything the Fed does it does for a reason, and the most apparent reasons are not always the primary reasons. If you think that the Fed simply acts on impulsive stupidity or hubris, then you haven’t a clue what is going on. If you think the Fed only does what it does in order to hide the numerous negative aspects of our current economy, then you only know half the story. If you think the Fed does not have a plan, then you are sorely mistaken…
Central Bankers and their political proponents espouse a globalist ideology, meaning, they are internationalists in their orientation and motivations. They do not have loyalties to any particular country. They do not take an oath to any particular constitution. They do not have empathy for any particular culture or social experiment. They have their own subculture, with their own “values”, and their own social hierarchy. They are a kind of “tribe” or “sect”; a cult,if you will, that views itself as superior to all others. This means that when the central bankers that run the Fed act, they only act with the intention to support and promote globalization, not the best interests of America and Americans.
The process of globalization REQUIRES the dissolution of the U.S. economy as it exists today. Period. There is no way around it. America can no longer remain a superpower in the face of what globalists call “harmonization”. The dollar can no longer maintain its petro-currency status or its world reserve status if total centralization under a new global currency is to be achieved. Globalists believe that America must be sacrificed on the altar of “progress”, and diminished into a mere enclave, a feudal colony of a greater global system. The globalists at the Fed are no different.
Once this driving philosophy is understood, the final conclusion is obvious – the Fed exists to destroy the U.S. financial system and the U.S. currency mechanism. That is what they are here for.
This is why the dollar has lost 98% of its value since the Fed was established in 1913. This is why the Fed deliberately engineered the derivatives bubble crisis through the implementation of artificially low interest rates. This is why their response to the crisis was to create yet another massive bubble in stocks and bonds through QE stimulus. This is why the Fed is cutting stimulus today.
How does the taper play into the long running program of dollar destruction and globalization? Let’s take a look…
The Multifaceted Taper Strategy
In my article ‘Is The Fed Ready To Cut America’s Fiat Life Support’, and my article ‘Expect Devastating Global Economic Changes In 2014′, I predicted that a Fed taper was highly likely. Central banks almost always implant policy shift rumors into the mainstream media a few months before they implement them. They did this for TARP, for QE1, QE2, QE3, and the Taper. In fact, the Fed spent the better part of the past quarter conditioning investors to the idea of stimulus cuts, so I was not at all surprised when they followed through.
The Fed has, of course, now announced a $10 billion QE reduction just in time for Christmas and the 100th anniversary of the privately run institution. In the past, I have pointed out the tendency of central banks to enforce detrimental policy changes while the government, the economy and/or the bank itself is in the midst of a major transition. The Fed’s taper announcement comes just in time for the end of Ben Bernanke’s term as chairman, and the expected nomination of Janet Yellen.
This is done, I believe, because it provides an opportunity to divert blame for a crisis event they know is on the horizon. If attention is ever focused on the Fed specifically for a market downturn or bond disaster triggered by the ever present dollar bubble, Yellen can simply blame the QE policies of Bernanke (who will be long gone), while promising that her “new” policies will surely repair the damage. This placates the public and buys the central bankers time to do even MORE damage.
The taper itself is not just a “head fake”, however. It is a far more complex action. Tapering provides a method of psychologically distancing the Federal Reserve from the consequences of market movements. The banksters are essentially proclaiming to the public that their work is done, they have saved the economy, and now they are moving on, be it only $10 billion at a time. Whatever happens from here on is “not their fault”.
Most alternative analysts expected no taper of QE, and for good reason. While the mainstream touts the propaganda of economic recovery, independent financial experts understand that little to nothing was actually accomplished by the bailouts. Virtually no stimulus was absorbed in a localized way by mainstreet business. Real unemployment counting U-6 measurements still stands at around 20%. Real estate markets and home prices have a received a small boost, which at first glance appears positive until one examines who is actually buying; namely big banks and international investment firms snapping up properties only to reissue them on the market as rentals:
U.S. holiday retail sales and annual retail sales have been the weakest since 2009:
The only thing that QE ultimately accomplished was a spectacular rise in stocks through direct manipulation, which Fed agents like Alan Greenspan and Richard Fisher now openly admit to. The problem is, while gamblers in equities proudly boast about the Fed induced bull run in the Dow and how much money they have made, they remain oblivious to the underlying cost of the charade. Market investors have been enriched, yes, but little do they know that stock legitimacy is about to be sacrificed.
The price to earnings ratio of stocks (the market value of stocks versus what they SHOULD be valued according to the actual earnings of the companies listed) in the S&P 500 today stands at around 15, which is the highest it has been since before the 2008 market crash. Mainstream economists attempt to dismiss the issue by using a 15 year average while claiming that the P/E ratio in 2013 is mild compared to the tech bubble of the late 90’s. What they don’t seem to grasp is that the market of the past four to five years is an entirely different animal compared to 15 years ago.
Stocks in general have received considerable support through purchases by Fed bolstered banks and the Fed itself, creating an atmosphere of artificial demand for equities using QE fiat injections. Though no full audit of the bailouts exists (TARP is the only measure audited so far), it is projected that the banking sector alone has garnered tens of trillions in Fed fiat, which they have used to bolster their otherwise debt ridden holdings. It is only logical to expect that this capital tsunami has been used by numerous companies as a way to present false earnings.Goldman Sachs, JP Morgan, and Morgan Stanley all reported substantial profits for 2009 while at the same time reporting massive liabilities caused by the derivatives crash so that they could collect on the bailout bonanza.
So which one is it? Are companies making profits, or are they wallowing in insurmountable debt while presenting government stimulus as a form of profit?
What the Fed and corporate banks have done is create a market in which neither earnings, nor stock values can be trusted. The fact that the P/E ratio is higher than it has been since 2008 despite this manipulation should concern anyone with any sense.
Worst of all, the Fed’s monetization of U.S. Treasury debt has only expanded while foreign investment in long term debt has contracted. With our official national debt growing by at least $1 trillion per year, our country cannot continue to function without an ever increasing amount of foreign investment, or, Federal Reserve printing. The Fed cannot make cuts to QE if our system is to survive (if you want to call it survival), the Fed must expand QE forever, or at least until the dollar implodes due to hyperinflation.
So then, why has the taper been introduced at all? No one wants it. The government shouldn’t want it. Investors certainly don’t want it. Our economy is utterly dependent on the opposite. What purpose does it serve?
The assumption has always been that the Fed wants to keep the system afloat. I submit that things have changed. I submit that the Fed no longer wishes to prop up our fiscal structure, or at least, no longer wishes to be seen as propping it up. I submit that the Fed is not pursuing dollar destruction through standard hyperinflation, but rather, they are preparing the U.S. for default, which also will result in currency implosion.
The Taper Parallels
“It must not be felt that the heads of the world’s chief central banks were themselves substantive powers in world finance. They were not. Rather they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up, and who were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investment bankers who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks. “ – Carroll Quigley, Tragedy And Hope
Initial shock over the taper scenario has not sunk into the markets yet (as Zero Hedge points out, the last time a major central bank cut stimulus measures to a dependent country, stocks rallied, then crashed within months). Few people see much difference between $75 billion per month and $85 billion per month, but the size of the cuts is not really the issue. Rather, it is the Fed’s act of fading into the background that should concern us.
The taper announcement parallels perfectly with the accelerating debate over the U.S. debt ceiling, and I do not think this is at all a coincidence. Tapering seems inconceivable to many, but for the Fed it makes perfect sense if the goal of the globalists is to generate a default scenario while diverting blame. I believe that Americans are being prepared psychologically for just such an event. Already, the White House is warning that government funding will essentially disappear by the end of February:
The expectation fostered by the mainstream media is that a debt fight similar to the October theater will not happen again. I agree. I believe the next debate will be much worse. The vast majority will assume that the “can” will be kicked down the road again, and they may be right, but given the Fed’s behavior, and given that they have begun to taper despite what appears logical, many people may be in for a shock when our government also suddenly decides one day soon to buck assumptions and default rather than prolong the pain.
The full spectrum failure of Obamacare only adds excuse and incentive. There is no longer a legislative centerpiece rationale for further spending. Obama’s approval rating is at historic lows for any president. The stage has been set for the most epic of fake political battles.
The Left and Right leadership, at the top of the pyramid, are nothing more than flunkies for the global elite. If globalists have decided that it is time to apply the final death blows to the dollar, default would be the quickest and most efficient way, and political puppetry can easily make it happen. The calamity would be blamed on “partisan bickering” and “government gridlock”, or even the inefficiency of “democracy”. The Fed, with its taper in place and its fake recovery established, would be presented as the only “sane” institution at America’s disposal.
Perhaps at this point even more pervasive QE programs would recommence, perhaps not. At bottom, though, the taper is not a peripheral issue. It is an action at the center of a much more elaborate process, an action that seems to have been undertaken in preparation for a larger event. The next year is shaping up to be the most chaotic since the debt crisis began in 2008, and as the situation progresses, the subtleties of the Federal Reserve and the international banks that back it must not go unnoticed, or in the end, unpunished.
Source: Brandon Smith | Alt-Market