Tag Archive: Crash


Money toilet
There is a lot of “Doom & Gloom” out there and I don’t believe all I read and hear. That being said, I feel a major collapse coming down the pike. It is mathematically impossible to pay off the massive US debt, they keep creating more. I’m not really sure how there can be debt on paper that was created from nothing and has no value but only debt piled upon debt. While more countries turn away from the US reserve currency a shift will occur, it won’t be good for the US empire as all empires crumble at some point.
I realize a lot of information out there is not true. Its the controlled opposition keeping the masses in check. Fear makes a very good halter while hunger makes a good suppressor.

farm worker 30s

original post: http://thecommonsenseshow.com/

Your life depends on whether you begin to take your assets out the bank and begin to purchase life sustaining supplies.You need to start this process, today, in accordance with the principles I laid out in a previous article.

The Death of the American Economy

There was an obscure story which ran two years ago which is receiving scant attention and yet, it is the banking story of the decade. It is the number one banking story in human history. It is the story which will destroy America’s banking accounts. It is the story that spells the beginning of the end of America’s financial empire. This is the end of the America’s financial empire and NOBODY is talking about it. What is that story? First, the prerequisite background.

Our Crushing Debt
As soon as a baby is born they are 185,000 in debt to the banks.
And this will be looked at as the good ole’ days.
And this will be looked at as the good ole’ days.

Nearly every publication estimates the derivatives debt to be in the range of one quadrillion dollars to $1.5 quadrillion dollars. Conservative estimates tell us that this derivatives debt, that has been assumed by the governments of the world, is at least 16 times the entire value of the assets of Planet Earth. This generation cannot pay off this debt. Your children, grandchildren and even great-great-great-great-great grandchildren cannot pay off this debt. If the status quo were to remain in place this debt could not be paid off in the 25th century, the 30th century, nor the 50th century. My estimates place the interest on the debt to exceed the entire value of the world’s assets and the interest is increasing far faster than the governments of the world can service the debt. Who is the debt owed to? It is owed to the first movers, the owners of the central banking system. If you want an identifiable target, let’s call the debt owners of the planet the Bank of International Settlement (BIS) along with their henchmen at the World Bank, the International Monetary Fund and their minions at the United Nations. The BIS is collapsing its own banking empire in order to usher in a New World Order which will be discussed later in the article.

The world’s economy has been dealt a fatal blow from which it cannot recover. No amount of budget, belt tightening will ever change this fact. We could literally be taxed at a 100% rate and the derivatives debt and the interest on this debt will continue to increase faster than the nations can pay the debt down.

Bank of America Case In Point

In an obscure, but well reported 2011 event, Bank of America announced it was shifting derivatives in its Merrill investment-banking unit to its depository arm, which has access to the Fed discount window and is protected by the FDIC. This was announced as a news blurb in the main stream media and was prominently reported in the Daily Bail.

This was the single biggest financial event in the history of America. It was bigger than the 1929 stock market crash and it was bigger than the beginning of the bail outs in 2008, but it did not received the banner headlines that it should have received. What does this mean? It means that the Bank of America’s European derivatives are now going to be “insured” by U.S. taxpayers and its two most important financial institutions, the Federal Reserve and the FDIC. What is even more distressing is that the Bank of America did not even seek or receive regulatory approval for this action. This action was simply acted upon on behalf of frightened counterparties. Under the Federal Bankruptcy Act of 2005, the counterparties derivatives debt receive “super priority” when it comes to the disbursement of FDIC insurance payments to failed banks. Where do the rest of us stand in terms of reimbursement for a failed bank? We are in last place. In short, when your bank fails, your money is gone.

bankstersJust how serious is the derivatives debt for the Bank of America? The Daily Bail reported that this was a “direct transfer of risk to the taxpayer done by the bank without approval by regulators and without public input . . . “ The estimated total of derivatives debt tied around the neck of Bank of America is a little under 80 trillion dollars and is growing exponentially because of the interest payments. And yet, there is another shocker, JP Morgan Chase is receiving the same undue government benefit with $79 trillion of its national derivatives debt guaranteed by the FDIC and Federal Reserve. What this means for you and me is that when Europe finally implodes and banks fail, U.S. taxpayers will hold the bag for trillions in insurance derivatives contracts, labeled as credit default swaps (CDS) which were sold by Bank of America and JP Morgan. This is when you will lose all control over your money and ultimately your life, if you are not prepared ahead of time.

As Plain As the Nose on Your Face

When the derivatives debt reaches the point where it causes our debt load to be so great that we cannot even service the interest, all financial institutions will fail. All governments will go into default. If the Federal Reserve engages in “print money out of thin air policy” to cover the insurmountable debt, as they did with the bailouts in 2008, the resulting hyperinflation will make the German Weimar Republic seem like a prosperous economy. And do you think your money is safe because of the FDIC? Let me repeat, the FDIC, by law, must first pay the derivatives counterparties. Since the derivatives debt exceed the world’s total wealth by a fact of at least 16, do you now understand how and why you are not getting your money back when EVERY bank fails in the near future? Just the debt insurance that Bank of America and JP Morgan Chase have obtained from the American people totals nearly 160 trillion dollars. Before you accuse me of being paranoid, first explain how that debt can be paid? IT cannot be paid back, ever! However, the banksters are grasping for breath as they die on the vine. However, they will not go down without a fight. They are delaying the inevitable crash which will take them down with us. So, they are trying to keep their heads above water by stealing your bank accounts, your pensions and 401K’s. When your money is gone and your life is destroyed, the one solace we can take is that Wall Street will follow us right into the gates of hell as they will not survive either, and this is all by design. The purveyors of the central banking system are as evil as they come. They have set into motion the derivatives scheme so as to destroy all civilization so they can remake this planet in their own twisted image of their conceptualization of a Brave New World (order).

Out of Chaos Comes the New World Order

apocalypse now
The Bank of International Settlement and its henchmen (i.e. World Bank, IMF) and the United Nations want to collapse the existing order on this planet. Their assault upon humanity has begun. They are beginning the demise with collapsing the world’s financial empire. When economies crumble, national governments will fail and then the people will soon come to understand the term, the New World Order. We are not talking about the creation of just an evil world government. We are talking about the creation of a planetary structure in which most will not survive (see the Georgia Guidestones) and those that do will live in a hellish and biologically transformed slave planet. Without going into great detail here, I would refer you back to the first 30 minutes of the movie, Man of Steel, where the ideals of Krypton will soon be visited upon the Earth in which the inhabitants of this planet will be bred for specific purposes. This new empire will be Satan’s empire and it will be based on their perverted notion of transhumanism.

Under the new transhumanism, you will be bred for servitude and your skill sets will be biologically programmed. In 1932, when Brave New World appeared, it was still science fiction. As my friends Patrick Wood and Barbara Peterson can attest to, that day is here. As I write these words we are entering into a Brave New World. This will be the topic of a future article.

In the meantime, get your money out of the bank while you will can and purchase essentials for your survival, and begin taking your money out today. Buy the essential supplies with your existing bank account. If you delay, your ability to feed, water and protect yourself and your family will disappear as the banksters make off with all of it.

You cannot stop what is coming, you can only prepare to try and survive for as long as you can.

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Remember Janet Napolitano, previous to stepping down from D-H-S said there would be a major cyber attack. Will be on the electrical grid or will it be in banking? Or both, who knows.

elec grid money burn

Martial Law and the Economy: Is Homeland Security Preparing for the Next Wall Street Collapse?

Reports are that the Department of Homeland Security (DHS) is engaged in a massive, covert military buildup. An article in the Associated Press in February confirmed an open purchase order by DHS for 1.6 billion rounds of ammunition. According to an op-ed in Forbes, that’s enough to sustain an Iraq-sized war for over twenty years. DHS has also acquired heavily armored tanks, which have been seen roaming the streets. Evidently somebody in government is expecting some serious civil unrest. The question is, why?

Recently revealed statements by former UK Prime Minister Gordon Brown at the height of the banking crisis in October 2008 could give some insights into that question. An article on BBC News on September 21, 2013, drew from an explosive autobiography called Power Trip by Brown’s spin doctor Damian McBride, who said the prime minister was worried that law and order could collapse during the financial crisis. McBride quoted Brown as saying:

If the banks are shutting their doors, and the cash points aren’t working, and people go to Tesco [a grocery chain] and their cards aren’t being accepted, the whole thing will just explode.

If you can’t buy food or petrol or medicine for your kids, people will just start breaking the windows and helping themselves.

And as soon as people see that on TV, that’s the end, because everyone will think that’s OK now, that’s just what we all have to do. It’ll be anarchy. That’s what could happen tomorrow.

How to deal with that threat? Brown said, “We’d have to think: do we have curfews, do we put the Army on the streets, how do we get order back?”

McBride wrote in his book Power Trip, “It was extraordinary to see Gordon so totally gripped by the danger of what he was about to do, but equally convinced that decisive action had to be taken immediately.” He compared the threat to the Cuban Missile Crisis.

Fear of this threat was echoed in September 2008 by US Treasury Secretary Hank Paulson, who reportedly warned that the US government might have to resort to martial law if Wall Street were not bailed out from the credit collapse.

In both countries, martial law was avoided when their legislatures succumbed to pressure and bailed out the banks. But many pundits are saying that another collapse is imminent; and this time, governments may not be so willing to step up to the plate.

The Next Time WILL Be Different

What triggered the 2008 crisis was a run, not in the conventional banking system, but in the “shadow” banking system, a collection of non-bank financial intermediaries that provide services similar to traditional commercial banks but are unregulated. They include hedge funds, money market funds, credit investment funds, exchange-traded funds, private equity funds, securities broker dealers, securitization and finance companies. Investment banks and commercial banks may also conduct much of their business in the shadows of this unregulated system.

The shadow financial casino has only grown larger since 2008; and in the next Lehman-style collapse, government bailouts may not be available. According to President Obama in his remarks on the Dodd-Frank Act on July 15, 2010, “Because of this reform, . . . there will be no more taxpayer funded bailouts – period.”

Governments in Europe are also shying away from further bailouts. The Financial Stability Board (FSB) in Switzerland has therefore required the systemically risky banks to devise “living wills” setting forth what they will do in the event of insolvency. The template established by the FSB requires them to “bail in” their creditors; and depositors, it turns out, are the largest class of bank creditor. (For fuller discussion, see my earlier article here.)

When depositors cannot access their bank accounts to get money for food for the kids, they could well start breaking store windows and helping themselves. Worse, they might plot to overthrow the financier-controlled government. Witness Greece, where increasing disillusionment with the ability of the government to rescue the citizens from the worst depression since 1929 has precipitated riots and threats of violent overthrow.

Fear of that result could explain the massive, government-authorized spying on American citizens, the domestic use of drones, and the elimination of due process and of “posse comitatus” (the federal law prohibiting the military from enforcing “law and order” on non-federal property). Constitutional protections are being thrown out the window in favor of protecting the elite class in power.

The Looming Debt Ceiling Crisis

The next crisis on the agenda appears to be the October 17th deadline for agreeing on a federal budget or risking default on the government’s loans. It may only be a coincidence, but two large-scale drills are scheduled to take place the same day, the “Great ShakeOut Earthquake Drill” and the “Quantum Dawn 2 Cyber Attack Bank Drill.” According to a Bloomberg news clip on the bank drill, the attacks being prepared for are from hackers, state-sponsored espionage, and organized crime (financial fraud). One interviewee stated, “You might experience that your online banking is down . . . . You might experience that you can’t log in.” It sounds like a dress rehearsal for the Great American Bail-in.

– See more at: http://www.globalresearch.ca/martial-law-and-the-economy-is-homeland-security-preparing-for-the-next-wall-street-collapse/5353267#sthash.lnnurd8e.dpuf

If anything is reported by MSM you can count on it being worse than their telling you. The 2010 census claims that 1 in 2 are poor or living below the poverty line. Today the talking heads are saying the economy is not rebounding as fast or good as they had expected, go figure. The powers that be know the only way to save the US economy is another world war. Because the planet is now a global market other countries are worse off than here at home. There will be a “Problem – Reaction – Solution” event soon. They need a massive event to start a massive war. November 12 -13th the government is having a terrorist attack drill on the power grid. With numerous other drills the event has gone live i.e. WTC, London bombing, Sandy Hook, Boston marathon and others. IF the electric grid drill goes live expect power to be off for an extended length of time. Its not turning the power off that creates a problem, its turning it back on. We will have to wait and see how this drill plays out.

evictionnotice

Post at: http://www.independentsentinel.com

Usually when plans fail, the person-in-charge doesn’t double down and make it worse, but not so with Mr. Obama. He believes the reasons for the problems in the United States are not the result of his policies but the result of not enough of them, when he admits he has policies that is.

Take his latest record-breaking firsts and decide if you would like more.

1. The median income has dropped every year Mr. Obama has been in office. Since 2008, it has dropped $2,627. The total number of people living in poverty are 46,496,000, twice the population of Syria, reports CNS News

2. SNAP – food stamps – has a record number of American households enrolled according to CNS News reports. There are more people are on food stamps than all households in the Northeastern United States.

3. A record number $90,473,000 are now out of the work force in our country of a little over 300,000 million people. It is up 10 million under Obama.

4. Seven times as many part-time jobs for every full-time job were created under Obama, in no small part due to Obamacare which penalizes employers for giving more than 30 hours per week to employees by making employers pay for their healthcare.

5. The number of weeks on unemployment has gone from 19.8 weeks to 36.6 weeks thanks to the increase in the number of weeks people are allowed to collect. That was Mr. Obama’s solution to unemployment.

6. Black unemployment continues to go up. It rose to 13% last month.

7. The immigration bill pushed through the Senate claims that illegal aliens who are legalized will all have to get jobs but it leaves out the fact that the dependents of illegal persons, who will also be legalized by the bill, will not.

8. Under Obama, the increase in job employment was 52% greater for foreign-born workers than for native-born citizens in this country, reports CNS News.

9. McDonald’s is pleading for an exemption from the 30-hour work week, according to The Hill. Warren Buffet, a leading supporter and fundraiser for Barack Obama says we need to dump Obamacare and start over. Union leaders are demanding changes in the work week requirement under Obamacare. They are very concerned about the taxes of 40% to be levied on their Cadillac health insurance plans.

10. For the 1,000 straight day, gas has averaged over $3 a gallon. The AAA CEO said gas will never be below $3 a gallon again. The rapid increase in the Chinese economy, which we are helping to fuel, is partly responsible – law of supply and demand. It was $1.85 when Mr. Obama came into office.

11. Another record under Obama is the gap in employment rates with those earning less than $20,000 topping 21% almost matching that of workers during the Great Depression. The rich are getting richer under Obama. According to Business Insider, the net worth of the 7% richest American households rose in wealth by 28%, in no small part due to the $85 billion in QE bailouts Bernanke has pumped into the system, enabling Wall Street to capitalize on it, increasing their wealth. The middle class is eroding its wealth – 93% of American households lost under Obama.

12. Twenty-four years ago, the median income was more than $600 higher than it is now at $51,017.

13. Housing policies under Obama are not solving the problem. His interference in the housing market includes his Troubled Asset Relief Program. So far, since 2009, nearly half of the homeowners who re-negotiated their mortgages are now in default again, reports cnbc.

Bloomberg informs us that for blacks, 18 years of economic progress has vanished and the dream purchasing their own homes has slipped out of their reach. Their unemployment rate is twice that of whites. Homeownership for blacks has fallen from 50% to 43% last quarter. The rates for whites has stopped falling.

Blacks were hit harder by the housing bubble. The reason is somewhat complicated. Almost 40% of borrowers took out loans they couldn’t afford with minority home purchasing helped along with reduced eligibility requirements for credit scores and down payments. They received lower interest rates than non-minorities.

The Fair Housing Act of 1968 and the Equal Credit Opportunity Act of 1974 banned discrimination in lending and home sales based on race and national origin. In 1977, the Community Reinvestment Act bolstered that by guaranteeing banks would actively loan money to ‘credit-worthy borrowers’ in low-income areas.

Obama’s first programs to help homeowners was to spin off with loan modifications, refinancing into lower-cost loans and billions in funding with 60% used in minority areas. The plan was to rebuild uninhabitable homes for first-time buyers in poor neighborhood and high crime areas like the south side of Chicago and Baltimore. The trouble is they are still poor, high-crime areas which are the reasons they are still defaulting.

The Obama administration is blaming banks for their ‘predatory’ lending practices because the homes are going into default and the banks loaned money to people who couldn’t keep up the payments even with all the modifications and assistance. On the other hand, if they don’t do it, they are accused of discrimination and are subjected to a negative PR blitz aimed at destroying non-compliant banks.

The people in these communities need jobs, the children need to stay in school, the gangs need to be broken up, and they need functioning parents.

Mr. Obama has yet another plan to solve the problem of minority home ownership. He will accelerate his social engineering plans even though they haven’t worked so far. He is now mapping every neighborhood in the country and will redistribute the assets of the areas that are not poor to the poor by giving the poor access to schools, homes, and whatever else he can come up with in the more fortunate areas.

14. Our nation, according to the recently released report by the CBO is on an unsustainable path. Mr. Obama will not address the real problem – entitlements. In fact, he’s added more, including Obamacare. We now have to pay for everyone’s every medical need. Instead of devising a plan to help Americans with catastrophic care, Mr. Obama destroyed our entire medical system.

15. Enrollment in Social Security Disability now outpaces job growth. The SSA has lowered the standards to collect. They now include back problems, stress-related illnesses, and people who are bipolar.

16. Fifty-three percent of all Americans now make less than $30,000 per year.

17. Manufacturing jobs have gone from 12.5 million jobs to 11.9 million. Many jobs are going to China. In 2008, the U.S. trade deficit with China was 268 billion dollars. Last year, it was 315 billion dollars. Check out more on the economic collapse blog.

18.Under Mr. Obama, the federal government has accumulated more debt than under the first 42 presidents combined.

19. In August 2011, Mr. Obama saw the first downgrade of the US credit rating in our history for failing to cut spending or raise revenue. He certainly does do his best to raise revenue through taxation, I will give him that.

20. Mr. Obama is arming terrorists in Syria. You want to know how I know? He had to lift the ban on supplying arms to terrorists to supply our ‘allies’ in Syria. The Washington Examiner has that story.

21. In three years, Mr. Obama played over 100 rounds of golf. That has to be some kind of first for a president. He is going to surpass his own golfing record of 2011 this year. He particularly likes to play during times of crisis and that might be why his number of golfing excursions is picking up.

I have to ask, why would they pass the wall street reform and consumer protection act if they thought that everything was going great. Because they knew that someday their slim bag back room deals would fall apart. This act makes sure they survive the collapse and the people get flushed down the toilet. When it does fall a part and the economy tanks they will control the food, water, air and everything required for survival. You may not be on the living list.

Take Your Money Out of the Bank!

This may be taking it to the extreme but these days you never know what could happen over a few months.

BE PREPARED

BE PREPARED

Originally posted at: Alt-Market.com
For years now at Alt-Market (and Neithercorp.us) I have carefully outlined the most likely path of collapse to take place within the U.S., and a vital part of that analysis included economic destabilization caused by a loss of the dollar’s world reserve status and petro-status. I have also always made clear that this fiscal crisis event would not occur in the midst of a political vacuum. The central banks and international financiers that created our ongoing and developing disaster are NOT going to allow the destruction of the American economy, the dollar, or global markets without a cover event designed to hide their culpability. They need something big. Something so big that the average citizen is overwhelmed with fear and confusion. A smoke and mirrors magic trick so raw and soul shattering it leaves the very population of the Earth mesmerized and helpless to understand the root of the nightmare before them. The elites need a fabricated Apocalypse.

Enter Syria…

I have been warning about the Syrian trigger point for a very long time. Syria’s mutual defense pact with Iran, its strong ties to Russia, the Russian naval base off its coast, the advanced Russian weaponry in it’s arsenal, its proximity to vulnerable oil shipping lanes, all make the nation a perfect catalyst for a global catastrophe. The civil war in Syria is already spreading into neighboring countries like Iraq, Jordan, and Lebanon, and if one looks at the facts objectively, the entire war is a product of covert action on the part of the U.S. and its allies.

The U.S. trained, armed, and funded the insurgency using Al Qaeda operatives. Saudi Arabia has sent funding and arms as well. Israel has aided the rebels using air strikes within Syria’s borders (even though this means that the Israeli government is essentially helping their supposed mortal enemies). This war would NOT be taking place today without the express efforts of the West. Period.

If one takes more than a brief examination of the Syrian insurgency, they would find an organization of monsters. Wretched amoral wetwork ghouls whose crimes have been thoroughly documented, including the mass executions of unarmed captured soldiers, the torture and beheading of innocent civilians, the mutilation and cannibalism of dead bodies, and the institution of theological tyranny on a terrified populace. The U.S. created and unleashed these demons, and now, we the people are being asked by the White House to support them through force of arms.

But what is the goal here…?

The goal, I believe, is to utterly transform the world’s political, economic, and social systems. The goal is to generate intense fear; fear that can be used as capital to buy, as the globalists call it, a “new world order”. Syria is the first domino in a long chain of calamities; what the Rand Corporation sometimes refers to as a “linchpin”. As I write this, the Obama Administration is moving naval and ground forces into position and clamoring in a painfully pathetic fashion to convince the American public that 90% of us are “wrong” and that a strike on Syria is, in fact, necessary. It appears that the establishment is dead set on starting this chain reaction and accelerating the global collapse. So, if a strike does occur, what can we expect to happen over the next few years? Here is a rundown…

1) Many U.S. allies will refrain from immediate participation in an attack on Syria. Obama will continue unilaterally (or with the continued support of Israel and Saudi Arabia), placing even more focus on the U.S. as the primary cause of the crisis.

2) Obama will attempt to mitigate public outcry by limiting attacks to missile strikes, but these strikes will be highly ineffective compared to previous wars in Iraq and Afghanistan.

3) A no fly zone will be established, but the U.S. navy will seek to stay out of range of high grade Russian missile technology in the hands of Syria, and this will make response time to the Syrian Air Force more difficult. Expect much higher American naval and air force casualties compared to Iraq and Afghanistan.

4) Iran will immediately launch troops and arms in support of Syria. Syria will become a bewildering combat soup of various fighting forces battling on ideological terms, rather than over pure politics and borders. Battles will spread into other countries, covertly and overtly, much like during Vietnam.

5) Israel will probably be the first nation to send official ground troops into Syria (and likely Iran), citing a lack of effectiveness of U.S. airstrikes. American troops will follow soon after.

6) Iran will shut down the Straight of Hormuz sinking multiple freighters in the narrow shipping lane and aiming ocean skimming missiles at any boats trying to clear the wreckage. Oil exports through the straight of Hormuz will stop for months, cutting 20% of the world’s oil supply overnight.

7) The Egyptian civil war, now underway but ignored by the mainstream, will explode due to increased anger over U.S. presence in Syria. The Suez Canal will become a dangerous shipping option for oil exporters. Many will opt to travel around the Horn of Africa, adding two weeks to shipping time and increasing the cost of the oil carried.

8) Saudi Arabia will see an uprising of insurgency that has been brewing under the surface for years.

9) Gasoline prices will skyrocket. I am predicting a 75%-100% increase in prices within two-three months of any strike on Syria.

10) Travel will become difficult if not impossible with high gasoline costs. What little of our economy was still thriving on vacation dollars will end. Home purchases will fall even further than before because of the extreme hike in travel expenses required for families to move.

11) Russia will threaten to limit or cut off all natural gas exports to the EU if they attempt to join with the U.S. in aggression against Syria. The EU will comply due to their dependency on Russian energy.

12) Russia will position naval forces in the Mediterranean to place pressure on the U.S. I feel the possibility of Russia initiating direct confrontation with the U.S. is limited, mainly because countries like Russia and China do not need to engage the U.S. through force of arms in order to strike a painful blow.

13) China and Russia will finally announce their decision to drop the dollar completely as the world reserve currency. A process which already began back in 2005, and which global banks have been fully aware of for years.

14) Because of China’s position as the number one exporter and importer in the world, many nations will follow suit in dumping the dollar in bilateral trade. The dollar’s value will implode. China, Russia, and the war in Syria will be blamed, and global banks including the Federal Reserve will be ignored as the true culprits.

15) The combination of high energy prices and a devaluing dollar will strike retail prices hard. Expect a doubling of prices on all goods. Look for many imported goods to begin disappearing from shelves.

16) Homelessness will expand exponentially as cuts to welfare programs, including food stamps, are made inevitable. However, welfare will not disappear, it will merely be “adjusted” to fit different goals. The homeless themselves will be treated like criminals. The roaming bands of jobless drifters common during the Great Depression will not exist during a modern crisis. State and Federal agencies will pursue an “out of sight, out of mind” policy towards the indigent, forcing them into “aid shelters” or other bureaucratic contraptions designed to conditioning the homeless to accept refugee status, making them totally dependent on federal scraps, but also prisoners on federally designated camps.

17) Terrorist attacks (false flag or otherwise) will spread like wildfire. Israel is highly susceptible. The U.S. may see a string of attacks, including cyber attacks on infrastructure. Syria and it’s supporters will be blamed regardless of evidence. The White House will begin broad institution of authoritarian powers, including continuity of government executive orders, the Patriot Act, the NDAA, etc.

18) Martial Law may not even be officially declared, but the streets of America will feel like martial law none the less.

19) False paradigms will flood the mainstream as the establishment seeks to divide American citizens. The conflict will be painted as Muslim against Christian, black against white, poor against rich (but not the super rich elites, of course). Liberty Movement activists will be labeled “traitors” for “undermining government credibility” during a time of crisis. The Neo-Conservatives will place all blame on Barack Obama. Neo-Liberals will blame conservatives as “divisive”. Liberty Movement activists will point out that both sides are puppets of the same international cabal, and be labeled “traitors” again. The establishment will try to coax Americans into turning their rage on each other.

20) The Homeland Security apparatus will be turned completely inward, focusing entirely on “domestic enemies”. The domain of the TSA will be expanded onto highways and city streets. Local police will be fully federalized. Northcom will field soldiers within U.S. border to deal with more resistant quarters of the country. Totalitarianism will become the norm.

What Can We Do Right Now?

The level of collapse, I suspect, will not be total. The government is not going to disappear, rather, it will become more dominant in its posture. Certain sections of the country will be maintained while others fall apart. The IMF will move in to “help” the ailing U.S. economy by tying funding to the SDR (Special Drawing Rights). America’s economy will be absorbed by the IMF. Constitutional protections will be fully erased in the name of reestablishing “law and order”, with the promise that the loss of our civil liberties is “only temporary”.

If the U.S. strikes Syria, and refuses to disengage, these things WILL happen. So, the next question is what can we do about it?

1) Given that this crisis is going to be riding a wave of extremely high energy prices, every single Liberty Movement activist (and every American for that matter) should be stockpiling energy reserves. Motor oil, gasoline (with gas saver), diesel fuel, propane, etc. should be at the top of your list right now. A generator should be next. Prices are only going to rise from here on out. Buy reserves now, before it is too late.

2) Everyone in the Liberty Movement should have at least minimal solar power capability. A couple of 100 watt panels, an inverter, a charge controller, and two-four deep cycle batteries can be had for under $1000. You may not be able to run your house on it, but you can at least charge important electronics, run a well pump, run some lights, a security system, etc.

3) The internet as we know it will no longer exist. The White House will apply preexisting executive orders on U.S. communications to restrict internet use, or, a convenient cyber attack will take place, opening the door for federal controls. The web will likely still operate, but only as a shell of its former greatness. Certain sites and email providers will be designated “safe”, while others will be designated “unsafe”. This leaves a gaping hole in our society’s ability to communicate information quickly and efficiently, and, it removes the alternative media from the picture. The best solution I can present for this problem is Ham Radio, which is very difficult for the establishment to shut down. Ham Radio communication chains could take the place of the internet as a lower-tech but useful means of spreading information across the country. In the next few months, EVERYONE in the Liberty Movement should have a Ham Radio set, or handheld model, and they should know how to use it.

4) Harden your home during the next few months. Place security bars on windows, and replace weak doors with steel core doors. An internal lock bar will still frustrate entry by those who might blast hinges. Add a fire suppression system for good measure. This might sound like overkill, but if you want to be able to sleep at night during such an event, you must make your home your castle. No one should be able to enter your house without your permission.

5) Learn a useful trade right now. If you don’t already know how to produce or fix a necessary item or commodity, take the next six months to learn how. If you don’t know how to teach a valuable skill, get to work. Barter and trade will become the primary method of economy during a dollar collapse. Make sure you are sought after within your local economy.

6) Cache items before winter begins. Do not assume you will be able to stay on your homestead indefinitely. There are no guarantees during collapse. A wildfire could reduce your neighborhood to ashes in hours. Your home could be overrun. Make sure you have secondary supplies in a safe location just in case.

7) Find two friends (or more) right now that are willing to coordinate with you in the event that the worst happens. This means mutual aid and defense. This means predetermined arrangements for supplies, communications, meeting spots, and security. Do it now. Do not wait until our situation worsens.

8) Buy six months worth of food over the course of the next two months. Bulk food, freeze dried, MRE’s, whatever. Just buy it. Have a lot of food already? I don’t care. Buy six more months of supplies now. You’ll thank me later.

9) Cultivate nutrient rich soil before winter begins. Buy a truckload of planting soil and manure and create a garden space if you have not already. Purchase extensive seed storage. Compile books on growing methods.

10) Gauge the temperament of your neighborhood. If all of your neighbors are mindless brain eating zombies, then perhaps it would be better to share a home with a prepared family member in another region now. If not, then start a neighborhood watch. Two or three families working together is far stronger than only one, and can change the temperament of an entire block of homes.

11) Train for tactical movement over the next three months. Learn how to move, shoot, and communicate as a team. Learn your strengths and weaknesses today or suffer the consequences tomorrow.

12) Prepare yourself mentally for conflict and self defense. Sign up for at least six months of hand to hand defense training. Learn how to deal with the mental and emotional strain of another person trying to harm you. Get used to the idea, because where we’re headed, someone, at some point, will probably want to do you in. Always maintain your conscience and your principles, but never allow yourself to become a victim.

The Tension Is Palpable

As I have said many times before, a fight is coming. There is no way around it. But this fight must be fought intelligently, and we must never forget who the REAL enemy is.

If a revolution ensues and Obama loses control, the establishment could simply trigger a Neo-Con or military coup in order to placate the masses and fool Constitutionalists into believing they have been saved. Useless solutions will be presented to the people, including new leadership composed of more old guard elitists, a disastrous Constitutional Convention, or limited secession (which will never be honored by the establishment anyway). The purpose of these false solutions will be to fool you into relaxing your vigilance, distracting you from seeking justice against globalist organizations, or, to redirect your energies away from self sufficient communities, counties, and states, ready to dispel aggressive establishment elements.

Beware of those who grasp too readily for leadership over you. Real leaders stand as teachers, not oligarchs, and rarely do they take on the role without considerable reservations. Never trust anyone who does not immediately back their promises with tangible action. And, never forget that we fight not just for the removal of one particular tyrant, but for Constitutional liberty itself. One must follow the other, or there has been no victory.

Though it is depressingly difficult to see in times like these, there is indeed good in this world. There are ideals, and aspirations, and visions, and loves worth standing up for, worth fighting for, and worth dying for. There is still a future worth striving for at the end of the long night. There are dreams here, in the hearts of men, worth realizing. We do not necessarily battle for what humanity is, but for what we have the potential to become. The tides of society may shift and storm, the chaos may become unbearable, and the world may tear apart until it is unrecognizable. The agents of dominion believe they are the only constant, but there is another. In time, the dim pale of tyranny will always break in the light of freedom’s resolute. Get ready, honorable Liberty Movement, our work has just begun.

The water is starting to boil and soon it will boil over. The economy is already past the point of no return and the FED and central bankers are well aware. Something has to break, this will most likely be the people. As Iv said before I give it until mid 2015 but quite possibly sooner. All depends when they show their cards.

All indicators are pointing to an event occurring this fall. The gun bill, UN arms treaty are all pending in the senate sitting there waiting for something to happen, the FED and financial institutions are continually reminding the world that the BIS wants all central banks to taper come this fall to avoid massive bubbles they are creating and to avoid an economic collapse.

War is coming to cover up the economic collapse

1. The paid mercenary (syrian free army) are losing ground and Assad’s army has retaken the city of Homs and now moving onto Aleppo.

2. The US has been holding aerial drills with Israel

3. Israel has been conducting nighttime parachute drills

4. The fiscal year for providing the paid mercenaries with weapons ends Sept 30.

5. The US government has been strategically preparing for WWIII. Biden says the US will remain in the Asia-Pacific region. They are creating an Arc around China by positioning military assets around the pacific. America’s most capable all-around air weapon, the F-35, will be deployed first in the Pacific once it achieves Initial Operating Capability (IOC), Carlisle said. Air Force F-35s probably will head to four bases: Misawa, Japan; Kadena, Japan; Osan Air Base, Korea; and Kunsan Air Base, Korea.

6. The US government is now providing Philippines with military assets in exchange for the use of the island to rotate US armed troops and equipment to secure the pacific region from threats.

7. Japan now has the authority to act against China if provoked.

8. Israel’s navy is now installing a new defense system on its missile boats, the Barak eight systems on its Saar 5 missile boats that would protect them from the feared Yakhont Russian anti-ship missile

9. The Russian have setup a base in Armenia and installed missiles that can reach Syria

10. Russia are quietly trying to renew their request to set up an air and naval base in Cyprus with the goal of being better able to deploy troops to Syria

11. We have seen countless drills, US and Japan, US and South Korea, US and Israel, Russia and China all countries flexing their muscles.

12. Japan just built the largest warship since world war II. They started building this ship in 2009 and now it is complete just in time and it just so happens that Japan a pacifist country (strongly and actively opposed to conflict and especially war) needs a warship of this magnitude.

Part 1 Of The Economic Collapse This Fall

As we know the central bankers are in a tough spot, if they continue with the money printing the bubbles they are creating are going to eventually pop and the world will see an economic collapse like it has never seen before. If the central bankers ease off and start to taper the world will see an economic collapse, not as bad as all the bubbles popping at once but bad enough that people will want to blame someone for this collapse. The advantage that the central bankers see by tapering is that they think they have control over the collapse. Leading up to the first part of the collapse the US government has been working hard to remove the people’s rights and to put into place security to control the people during this period.

1. Rights of the people have been completely taken away

2. NSA spying on all Americans, tracking keeping tabs on everyone and placing them on lists to be dealt with during the collapse.

3. DHS in place to deal with the American people when the collapse occurs.

4. The US government has succesfully passed laws that take the rights away from the people. The NDAA, Patriot Act, Miranda Exception Rule, Declaring whistle-blowers as traitors etc. The Gun Bill and UN arms treaty that are pending in the senate waiting for the right event to have these passed will allow the government control over the one thing they are most scared of, an armed people.

5. The government needs to control the flow of information, they already control the mainstream media the internet is the prize. With the executive order taking control over all communications ans CISPA pending in the senate, which is waiting for an event to occur so it will be passed will give the government complete control over the internet and they will have the ability it down whenever they need to.

The FED along with the government will proceed with tapering in the fall, all indicators will show that the economy is improving, unemployment, GDP and inflation look good. The FED will announce that they will start to taper and before they have the ability to there will be some type of false flag event that will occur. It could be a cyber attack on the banks. Using a cyber attack from another country will allow the banks to close, bail-ins to occur and the entire collapse can be blamed on another country such as Syria. The focus would be off of the US and the FED and the blame shifted away to another country. To remedy this situation the FED will now need to increase the amount of QE to two times the current amount. Now the FED will be monetizing the debt at a rate of a 170 billion a month.

During this time the US government will now have what it needs to wage war on Syria since they are the cause of the economic collapse of the US. The banks would now need to freeze bank accounts and since bailouts are not allowed under the Resolving Globally Active, Systemically Important, Financial Institutions document. Many of the banks have changed their TOS and they are not responsible for money that is lost due to cyber attacks and the officers and representatives can not be held responsible.

As the US prepares for war, the US economy and the world starts to degrade and goes into a depression spiral. War starts to breakout all over the world, Russia, China, Japan, North Korea and other nations get involved. WWIII has begun and it allowed the economic collapse to be covered up.

Read more at http://investmentwatchblog.com/us-economy-is-on-the-edge-time-is-running-out-to-start-a-new-war/#YVSjyagfgQSJVisK.99

At this point it’s inevitable the US economy will sink like the Titanic. Except it will go down because it’ll displace to much water with all the weight of worthless paper ($) onboard. It’s a mathematically proven positive that it is impossible to pay the national debt, we’re screwed. Knowing of the forth coming collapse it is not a time to panic but, a time to prepare. Better to start late than never.

The destroyers of the US

The destroyers of the US

Have you ever seen a disaster movie that is so bad that it is actually good? Well, that is exactly what Syfy’s new television movie entitled “Sharknado” is. In the movie, wild weather patterns actually cause man-eating sharks to come flying out of the sky. It sounds absolutely ridiculous, and it is. You can view the trailer for the movie right here. Unfortunately, we are witnessing something just as ridiculous in the real world right now. In the United States, the mainstream media is breathlessly proclaiming that the U.S. economy is in great shape because job growth is “accelerating” (even though we actually lost 240,000 full-time jobs last month) and because the U.S. stock market set new all-time highs this week. The mainstream media seems to be absolutely oblivious to all of the financial storm clouds that are gathering on the horizon. The conditions for a “perfect storm” are rapidly developing, and by the time this is all over we may be wishing that flying sharks were all that we had to deal with. The following are 10 reasons why the global economy is about to experience its own version of “Sharknado”…

#1 The financial situation in Portugal continues to deteriorate thanks to an emerging political crisis. It all began last week when Portuguese finance minister Vitor Gaspar resigned…

“Mr. Gaspar’s resignation on July 1 has opened a Pandora’s box,” says Nicholas Spiro, managing director of Spiro Sovereign Strategy. “Portuguese politicians from the President down are treating the exit of Mr. Gaspar, the architect of the fiscal and structural reforms demanded by the troika, as a green light for a public debate about the bail-out programme. Yet the manner in which this debate is taking place, with the President undermining the prime minister and the opposition leader seeking to renegotiate the terms of the programme, is spooking markets.”

The general population is becoming increasingly restless as the nation plunges down the exact same path that Greece has gone. Nobody seems to have any solutions as the economic problems continue to escalate. According to Reuters, the president of Portugal has added fuel to the fire by calling for early elections next year…

Portugal’s president threw the bailed-out euro zone country into disarray on Thursday after rejecting a plan to heal a government rift, igniting what critics called a “time bomb” by calling for early elections next year.

Due to all of this instability in Portugal, the yield on Portuguese bonds shot up to 7.51% this week. That is a very bad sign.

#2 The economic depression in Greece continues to deepen, and it is being reported that Greece will not even come close to hitting the austerity targets that it was supposed to hit this year…

A leaked report from the European Commission confirms that Greece will miss its austerity targets yet again by a wide margin. It alleges that Greece lacks the “willingness and capacity” to collect taxes. In fact, Athens is missing targets because the economy is still in freefall and that is because of austerity overkill. The Greek think-tank IOBE expects GDP to fall 5pc this year. It has told journalists privately that the final figure may be -7pc.

Another 7 percent contraction for the Greek economy?

It has already been contracting steadily for years.

At this point, it would be hard to overstate how bad economic conditions inside Greece are. The following is from a recent article by Simon Black…

My friend Illias took a drag of his cigarette as he contemplated my question.

“Our government tells us that this will be a better year. No one really believes them. But all we can do is be optimistic. Too many people are committing suicide.”

His statement probably best sums up the situation in Greece right now. It’s as if the hopelessness has gone stale, and the only thing they have to replace it with is desperate, misguided, faux-optimism. And anger.

There are roughly 11 million people in this country. 3.4 million of them are employed, of which roughly one third work for the government.

1.34 million people are ‘officially’ unemployed. To put this in context, it would be as if there were 36 million officially unemployed in the US.

More startling, if you add the number of ‘inactive’ workers (i.e. those who gave up looking), the total number of unemployed is roughly 57% of the entire Greek work force.

#3 The economic crisis in the third largest country in the eurozone, Italy, has taken another turn for the worse. The unemployment rate in Italy is up to 12.2 percent, which is the highest in 35 years. An average of 134 retail outlets are shutting down in Italy every single day, and the debt of the country has been downgraded again to just above junk status…

Italy’s slow crisis is again flaring up. Its debt trajectory has punched through the danger line over the past two years. The country’s €2.1 trillion (£1.8 trillion) debt – 129pc of GDP – may already be beyond the point of no return for a country without its own currency.

Standard & Poor’s did not say this outright when it downgraded the country to near-junk BBB on Tuesday. But if you read between the lines, it is close to saying the game is up for Italy.

#4 There are rumors that some of the biggest banks in the world are in very serious trouble. For example, Jim Willie (a financial writer who usually puts out really solid information) is insisting that Deutsche Bank is on the verge of collapse…

The best information coming to my desk indicates that three major Western banks are under constant threat of failure overnight, every night, forcing extraordinary measures to avoid failure. They are Deutsche Bank in Germany, Barclays in London, and Citibank in New York. Judging from the ongoing defense from prosecution and cooperation (flipped) with Interpol and distraction of resources, the most likely bank to die next is Deutsche Bank. They are caught with accounting fraud and outright financial fraud over collateral shell games, pertaining to USTreasury Bonds, other sovereign bonds in Southern Europe, and OTC derivatives linked to FOREX currency contracts. D-Bank is a dead man walking.

Time will tell if he is right. But without a doubt the global financial system is extremely vulnerable right now.

Most Americans assume that the problems that caused the financial crash of 2008 were fixed, but that is most definitely NOT the case. In fact, our financial system is far more shaky today than it was just before the last financial crisis. When one major bank goes down, we could start to see others fall like dominoes.

#5 Just before the financial crisis of 2008, the price of oil spiked dramatically. Well, it is starting to happen again. The price of oil hit $106 a barrel on Friday. If the price of oil continues to rise at this pace, it is going to mean big trouble for economies all over the planet.

And as I wrote about recently, every time the average price of a gallon of gasoline in the United States has risen above $3.80 during the past three years, a stock market decline has always followed.

The average price of a gallon of gasoline in the United States reached $3.55 on Friday. This is a number to keep a close eye on.

#6 Mortgage rates are absolutely skyrocketing right now…

The average U.S. rate on the 30-year fixed mortgage rose this week to 4.51%, a two-year high. Rates have been rising on expectations that the Federal Reserve will slow its bond purchases this year.

Mortgage buyer Freddie Mac said Thursday that the average on the 30-year loan jumped from 4.29% the previous week. Just two months ago, it was 3.35% — barely above the record low of 3.31%.

This threatens to throw the U.S. real estate market into a slowdown worse than anything we have seen since the last recession.

#7 This upcoming corporate earnings season is shaping up to be an extremely disappointing one. In fact, the percentage of companies issuing negative earnings guidance for this quarter is at a level that we have never seen before.

So is this a sign that economic activity is starting to slow down significantly?

#8 U.S. stocks are massively overextended right now. In fact, according to Graham Summers, this is the most overextended stocks have been in the past 20 years…

Today, the S&P 500 is sitting a full 30% above its 200-weekly moving average. We have NEVER been this overextended above this line at any point in the last 20 years.

#9 Rapidly rising interest rates are causing the bond market to begin to come apart at the seams. There is concern that the 30 year bull market for bonds is now over and investors are starting to pull their money out of the market at a staggering rate. In fact, 80 billion dollars was pulled out of bond funds during June alone.

#10 Rapidly rising interest rates could cause an implosion of the derivatives market at any moment. As I am so fond of reminding everyone, there are approximately 441 trillion dollars worth of interest rate derivatives out there.

If interest rates continue to soar, we could potentially see a financial disaster that is absolutely unprecedented, and the too big to fail banks would be the most vulnerable.

As USA Today recently reported, there are just five major banks that absolutely dominate derivatives trading in the United States…

Five of the biggest U.S. banks — JPMorgan, Goldman Sachs Group Inc., Bank of America Corp., Citigroup Inc. and Morgan Stanley — account for more than 90% of derivatives contracts. Regulators estimate that nearly half of derivatives are traded outside the United States.

Could you imagine the financial devastation that we would see if several of those banks started to collapse at the same time?

When you hear the mainstream media begin to talk about a “derivatives crisis” involving major banks, that will be a sign that disaster is upon us.

Most Americans don’t realize that Wall Street has been transformed into the largest casino in the history of the world. Most Americans don’t realize that the major banks are literally walking a financial tightrope each and every day.

All it is going to take is one false step and we will be looking at a financial crisis even worse than what happened back in 2008.

So enjoy this little bubble of false prosperity while you can.

It is not going to last for too much longer.

Posted: http://www.blacklistednews.com

                                  I really like the wit and satire in this short artical.

 

_____________________________________________________

By: Tom Chatham

Commentators are always quick to link guns and emergency stores to dangerous  and paranoid actions that they consider to be tell tale signs someone is going to commit a crime. They always focus on these areas because it is a trait mostly seen in conservatives that know enough to question the governments’ ability to take care of every problem that emerges. In short, if you are not a Liberal that needs the government to make all of your decisions for you and care for you on a daily basis then there must be something wrong with you.

Any deviation from the norm of unpreparedness is a danger sign to these people that you are out of control and need to be stopped, detained and heavily medicated to assure compliance. Only when you are obedient to the state are you normal and safe. So what signs do you look for in a person or group that should make you suspicious?

The purchase of bullets by the thousands

If a person or group feels the need to purchase thousands of rounds of ammo in the belief they may need this to protect themselves and their family from some type of uncontrolled chaos in the future they are obviously troubled individuals. They need to be more sensible like the U.S. government that only buys 1.5 billion rounds of ammo, give or take a few million, that is only the bare minimum necessary for waging a 24 year war.

The purchasing of weapons by the dozen

If a person or group feels the need to have one firearm to protect themselves or their family due to lack of police protection, this is just irrational. And to have a dozen guns is bordering on paranoia. They need to be more like the U.S. government that only has 165.000 armed federal employees, give or take several thousand, and have several thousand automatic rifles on order as well as two million dollars worth of sniper rifles on order from Remington.

The storing of dehydrated and freeze dried foods for several months

If you perceive the potential need for stored food because of distribution problems or social chaos, having food stores for several months is just promoting the panic. You need to be more like the federal government and buy a billion dollars worth of freeze dried foods for “disaster relief operations”.

The building of underground bunkers for several people

The need for hiding underground in a bunker with several people is a clear sign that you are disturbed and very anti social and may be unbalanced. You need to have “shelters” like the U.S. government does that house at least a thousand people, and number no less then 150 nationwide to be considered normal.

Conclusion:

Never order ammo in amounts less than one billion rounds

Never buy weapons in quantities of less than one thousand

Never buy less than one billion dollars worth of freeze dried food

Never build underground shelters that hold less than one thousand persons

Anyone who prepares with less than these amounts should be considered a dangerous and paranoid doomsday prepper by government standards. Any amounts over this are government sanctioned and considered appropriate measures for normal persons to take.  http://projectchesapeake.wordpress.com/

A compilation

I don’t totally agree with all this below but, just to point out we’re headed in the wrong direction.

 

Op 1. Don’t pay your loans or taxes and they come and take everything you have and leave you and your family on the street. Everyone in the US or at least a large portion would have to take part.

Op 2. Here again it would take a very large amount (10’s 0f 1000’s) of bodies to block congress. They could wait you out or declare martial law right then and there (EO) and start shooting. So you would need guns in a gun free state.

Op 3. Most in the military are there to collect a pay check. Try and talk them into being broke and their families out on the street.

I don’t know what the final solution is but, you could start by getting out of debt and stop using the arbitary fiat currency printed from nothing. Scary times but have no fear.

 

 

 

 

Try and imagine what could happen today in the event of an economic collapse. More people, more guns and more military in the streets. People protesting for food, work and shelter. Don’t think the government will provide anything, we have become a nanny state expecting a handout. If the state can provide it they can take it away. If everyone prepared for this event the outcome would have been different. But, the on set of the depression was kept secret from the masses while the rich pillaged all they could. Don’t expect to be told it’s happening, get prepared while you still can. Better to have it and not need it than to need it and not have it.

It’s Not a “Fiscal Cliff” … It’s the Descent Into Lawlessness

 

It’s Not a Tax or Spending Problem … It’s a Devolution Into Lawlessness

The “fiscal cliff” is a myth.

Instead, what we are facing is a descent into lawlessness.

Wikipedia notes:

In many situations, austerity programs are imposed on countries that were previously under dictatorial regimes, leading to criticism that populations are forced to repay the debts of their oppressors.

Indeed, the IMF has already performed a complete audit of the whole US financial system, something which they have only previously done to broke third world nations.

Economist Marc Faber calls the U.S. a “failed state“. Indeed, we no longer have a free market economy … we have fascism, communist style socialism, kleptocracy, oligarchy or banana republic style corruption.

Let’s look at some specific examples of our descent into lawlessness.

Lawless Looting and Redistribution of Wealth

The central banks’ central bank – the Bank for International Settlements- warned in 2008 that bailouts of the big banks would create sovereign debt crises … which could bankrupt nations.

That is exactly what has happened.

The big banks went bust, and so did the debtors. But the government chose to save the big banks instead of the little guy, thus allowing the banks to continue to try to wring every penny of debt out of debtors.

Treasury Secretary Paulson shoved bailouts down Congress’ throat by threatening martial law if the bailouts weren’t passed. And the bailouts are now perpetual.

Moreover:

The bailout money is just going to line the pockets of the wealthy, instead of helping to stabilize the economy or even the companies receiving the bailouts:

  • A lot of the bailout money is going to the failing companies’ shareholders
  • Indeed, a leading progressive economist says that the true purpose of the bank rescue plans is “a massive redistribution of wealth to the bank shareholders and their top executives”
  • The Treasury Department encouraged banks to use the bailout money to buy their competitors, and pushed through an amendment to the tax laws which rewards mergers in the banking industry (this has caused a lot of companies to bite off more than they can chew, destabilizing the acquiring companies)

And as the New York Times notes, “Tens of billions of [bailout] dollars have merely passed through A.I.G. to its derivatives trading partners”.

***

In other words, through a little game-playing by the Fed, taxpayer money is going straight into the pockets of investors in AIG’s credit default swaps and is not even really stabilizing AIG.

Moreover, a large percentage of the bailouts went to foreign banks (and see this). And so did a huge portion of the money from quantitative easing. Indeed, the Fed bailed out Gaddafi’s Bank of Libya, hedge fund billionaires, and big companies, but turned its back on the little guy.

A study of 124 banking crises by the International Monetary Fund found that propping up banks which are only pretending to be solvent often leads to austerity:

Existing empirical research has shown that providing assistance to banks and their borrowers can be counterproductive, resulting in increased losses to banks, which often abuse forbearance to take unproductive risks at government expense. The typical result of forbearance is a deeper hole in the net worth of banks, crippling tax burdens to finance bank bailouts, and even more severe credit supply contraction and economic decline than would have occurred in the absence of forbearance.

Cross-country analysis to date also shows that accommodative policy measures (such as substantial liquidity support, explicit government guarantee on financial institutions’ liabilities and forbearance from prudential regulations) tend to be fiscally costly and that these particular policies do not necessarily accelerate the speed of economic recovery.

***

All too often, central banks privilege stability over cost in the heat of the containment phase: if so, they may too liberally extend loans to an illiquid bank which is almost certain to prove insolvent anyway. Also, closure of a nonviable bank is often delayed for too long, even when there are clear signs of insolvency (Lindgren, 2003). Since bank closures face many obstacles, there is a tendency to rely instead on blanket government guarantees which, if the government’s fiscal and political position makes them credible, can work albeit at the cost of placing the burden on the budget, typically squeezing future provision of needed public services.

In other words, the “stimulus” to the banks blows up the budget, “squeezing” public services through austerity.

Numerous top economists say that the bank bailouts are the largest robbery and redistribution of wealth in history.

Why was this illegal? Well, the top white collar fraud expert in the country says that the Bush and Obama administrations broke the law by failing to break up insolvent banks … instead of propping them up by bailing them out.

And the Special Inspector General of the Tarp bailout program said that the Treasury Secretary lied to Congress regarding some fundamental aspects of Tarp – like pretending that the banks were healthy, when they were totally insolvent. The Secretary also falsely told Congress that the bailouts would be used to dispose of toxic assets … but then used the money for something else entirely. Making false statements to a federal official is illegal, pursuant to 18 United States Code Section 1001.

So breaking the rules to bail out the big, insolvent banks, is destroying our prosperity.

Lawless Justice System

A strong rule of law is essential for a prosperous and stable economy, yet the government made it official policy not to prosecute fraud, even though main business model adopted by the biggest financial crime in world history, the largest insider trading scandal of all time, illegal raiding of customer accounts and blatant financing of drug cartels and terrorists have all gotten away scot-free without any jail time.

There are two systems of justice in America … one for the big banks and other fatcats, and one for everyone else.

While Iceland prosecuted its top criminal bankers, and thus quickly got through its financial problems and now has a vibrant economy, the American government has done everything it can to cover up fraud, and has been actively encouraging criminal fraud and attacking those trying to blow the whistle.

The rule of law is now as weak in the U.S. and UK as many countries which we would consider “rogue nations”. See this, this, this, this, this, this, this, this, this, this and this.

This is a sudden change. As famed Peruvian economist Hernando de Soto notes:

In a few short decades the West undercut 150 years of legal reforms that made the global economy possible.

Moreover, U.S. government personnel are on the take. They have become so corrupt that regulators are literally sleeping with industry prostitutes … while they pimp out the American people.

The corruption of government officials is staggering, and the system of government-sponsored rating agencies had at its core a model of bribery.

We’ve gone from a nation of laws to a nation of powerful men making one-sided laws to protect their own interestsin secret. Government folks are using laws to crush dissent. It’s gotten so bad that even U.S. Supreme Court justices are saying that we are descending into tyranny.

It’s not a “fiscal cliff” … it’s an attempt to rape America … just like Greece and Ireland have been plundered.

Economics professor Randall Wray writes:

Thieves … took over the whole economy and the political system lock, stock, and barrel. They didn’t just blow up finance, they oversaw the swiftest transfer of wealth to the very top the world has ever seen. They screwed workers out of their jobs, they screwed homeowners out of their houses, they screwed retirees out of their pensions, and they screwed municipalities out of their revenues and assets.

Financiers are forcing schools, parks, pools, fire departments, senior citizen centers, and libraries to shut down. They are forcing national governments to auction off their cultural heritage to the highest bidder. Everything must go in firesales at prices rigged by twenty-something traders at the biggest and most corrupt institutions the world has ever known.

Economics professor Michael Hudson agrees … saying that the banks are trying to roll back all modern laws and make us all serfs.

Professor Hudson explained in 2008:

You have to realize that what they’re trying to do is to roll back the Enlightenment, roll back the moral philosophy and social values of classical political economy and its culmination in Progressive Era legislation, as well as the New Deal institutions. They’re not trying to make the economy more equal, and they’re not trying to share power. Their greed is (as Aristotle noted) infinite. So what you find to be a violation of traditional values is a re-assertion of pre-industrial, feudal values. The economy is being set back on the road to debt peonage. The Road to Serfdom is not government sponsorship of economic progress and rising living standards, it’s the dismantling of government, the dissolution of regulatory agencies, to create a new feudal-type elite.

Indeed:

Foreign Policy magazine ran an article entitled “The Next Big Thing: Neomedievalism“, arguing that the power of nations is declining, and being replaced by corporations, wealthy individuals, the sovereign wealth funds of monarchs, and city-regions.

Indeed, this isn’t the “Great Recession”, it’s the Great Bank Robbery. The big banks have pillaged and looted the rest of the world.

 

A lawless justice system is ruining the economy.

Lawless Central Bank

The non-partisan Government Accountability Office calls the Fed corrupt and riddled with conflicts of interest. Nobel the World Bank would view any country which had a banking structure like the Fed as being corrupt and untrustworthy. The former vice president at the Federal Reserve Bank of Dallas said said he worried that the failure of the government to provide more information about its rescue spending could signal corruption. “Nontransparency in government programs is always associated with corruption in other countries, so I don’t see why it wouldn’t be here,” he said.

Moreover, the Fed has broken the law by withholding information from Congress, letting unemployment rise in order to keep inflation low, and otherwise exceeding its authority under the Federal Reserve Act.

Our central bank’s lawless and unaccountable actions are hurting the economy.

Lawless Attack on Democracy

The ability of the people to participate in their government’s decision-making is vital for a nation’s prosperity. But we no longer have democracy or a republican form of government in America.

The big banks own Washington D.C. politicians, lock stock and barrel. See this, this, this and this. Two leading IMF officials, the former Vice President of the Dallas Federal Reserve, and the the head of the Federal Reserve Bank of Kansas City, Moody’s chief economist and many others have all said that the United States is controlled by an “oligarchy” or “oligopoly”, and the big banks and giant financial institutions are key players in that oligarchy.

Laws are being passed in secret, and not even Congress knows what’s going on.

In other words, not only the justice system, but the entire system of American representation has been corrupted, thus harming the economy.

Lawless Infringement of Freedom

Personal freedom and liberty – and freedom from the arbitrary exercise of government power – are strongly correlated with a healthy economy, but America is descending into tyranny.

Authoritarian actions by the government interfere with the free market, and thus harm prosperity.

U.S. News and World Report notes:

The Fraser Institute’s latest Economic Freedom of the World Annual Report is out, and the news is not good for the United States. Ranked among the five freest countries in the world from 1975 through 2002, the United States has since dropped to 18th place.

The Cato institute notes:

The United States has plummeted to 18th place in the ranked list, trailing such countries as Estonia, Taiwan, and Qatar.

***

Actually, the decline began under President George W. Bush. For 20 years the U.S. had consistently ranked as one of the world’s three freest economies, along with Hong Kong and Singapore. By the end of the Bush presidency, we were barely in the top ten.

And, as with so many disastrous legacies of the Bush era, Barack Obama took a bad thing and made it worse.

But the American government has shredded the constitution, by subjecting us to indefinite detention, taking away our due process rights, deploying drones above our heads, spying on all Americans, and otherwise attacking our freedoms.

Indeed, rights won in 1215 – in the Magna Carta – are being repealed.

Economic historian Niall Ferguson notes, draconian national security laws are one of the main things undermining the rule of law:

We must pose the familiar question about how far our civil liberties have been eroded by the national security state – a process that in fact dates back almost a hundred years to the outbreak of the First World War and the passage of the 1914 Defence of the Realm Act. Recent debates about the protracted detention of terrorist suspects are in no way new. Somehow it’s always a choice between habeas corpus and hundreds of corpses.

Of course, many of this decades’ national security measures have not been taken to keep us safe in the “post-9/11 world” … indeed, many of them started before 9/11.

And America has been in a continuous declared state of national emergency since 9/11, and we are in a literally never-ending state of perpetual war. See this, this, this and this.

In fact, government has blown terrorism fears way out of proportion for political purposes, and “national security” powers have been used in many ways to exempt big Wall Street players from the rule of law rather than to do anything to protect us.

So lawlessness infringement of our liberty is destroying our prosperity.

Lawless Initiation and Prosecution of War

It is well-documented that war destroys the economy.

Top U.S. government employees lied us into war, and used illegal torture, assassinations and other crimes of war in prosecuting the wars they unnecessarily started. They were – at a minimum – criminally negligent for failing to stop 9/11 (and see this).

In the name of fighting our enemies – the U.S. has directly been supporting Al Qaeda and other terrorist groups for the last decade. See this, this, this, this and this.

Our use of torture has also created many more terrorists than it has prevented.

Security experts – including both conservatives and liberals – agree that waging war in the Middle East weakens national security and increases terrorism. See this, this, this, this, this, this, this and this.

Indefinite detention, drone-strikes on innocent civilians, occupation of foreign countries, and most of America’s other tactics in the “war on terror” increase terrorism.

Terrorism feeds the cycle of war … and is thus harming our economy. (And because terrorism spooks people, they spend less, which further harms the economy).

So lawlessness in starting and prosecuting war is destroying our prosperity.

Postscript: We’re not facing a “fiscal cliff”. We’re facing a descent into lawlessness. Stopping the fraudulent schemes, endless bailouts and imperial adventures is the place to start.

 

Originally posted: http://www.theorganicprepper.ca/

The Psy-Ops War on Preppers: This Has Become a Two-For-the-Price-of-One Crisis

First of all, where is the headquarters of this “Doomsday Preppers Movement” I’ve been reading about?  And where can I sign up? I didn’t realize there was an organized movement, one deserving of capital letters.  Who is the leader of this “movement”?  I’d like to meet him (or her) immediately!

The propaganda machine is not only going after guns in the wake of the terrible tragedy at Sandy Hook Elementary School – this has become a two-for-the-price-of-one crisis, allowing the government and media to yet again, demonize preppers.

Psychological Warfare:

Various techniques are used, by any set of groups, and aimed to influence a target audience’s value systems, belief systems, emotions, motives, reasoning, or behavior. It is used to induce confessions or reinforce attitudes and behaviors favorable to the originator’s objectives, and are sometimes combined with black operations or false flag tactics. Target audiences can be governments, organizations, groups, and individuals.

Yesterday the mainstream media began churning out articles about Nancy Lanza, the mother of the shooter, Adam Lanza.  When you read the following quotes, ask yourself: “How many of these comments could describe ME?”

A few descriptive quotes:

  • Nancy was a member of the Doomsday Preppers movement, which believes people should prepare for end of the world. (Riehl World View)
  • According to reports, Nancy Lanza was a so-called ‘prepper’, a part of the survivalist movement which urges individuals to prepare for the breakdown of society by training with weapons and hoarding food and other supplies.  ( The UK Independent)
  • Reports are starting to emerge of the troubled young man and his unusual upbringing.  (Yahoo)
  • Dan Holmes, owner of a landscaping firm who worked on the family’s home, said she was an avid gun collector: ‘She told me she would go target shooting with her kids.’ (UK Daily Mail)
  • Marsha Lanza described Nancy as ‘self-reliant’.( The UK Independent)
  • He was reportedly homeschooled by his mother, a school principal and gun enthusiast, who wasn’t satisfied with the education her son was receiving.. (Yahoo)
  • As America searches for answers, investigators are turning towards Nancy Lanza’s supposed identification as a survivalist.  (Yahoo)
  • Her former sister-in-law Marsha said she had turned her home ‘into a fortress’.  (UK Daily Mail)
  • Mother of Sandy Hook school gunman Adam Lanza was a ‘prepper’ survivalist preparing for economic and social collapse, say reports. ( The UK Independent)
  • Mrs Lanza is thought to have trained her sons, Adam and Ryan to shoot, even taking them to local ranges. ( The UK Independent)
  • ‘Nancy had a survivalist philosophy which is why she was stockpiling guns. She had them for defense. She was stockpiling food. She grew up on a farm in New Hampshire. She was skilled with guns. We talked about preppers and preparing for the economy collapsing.’  (UK Daily Mail)

Gee…they say this stuff like it’s a BAD thing.

Let’s see.

  • Stockpiles (or hoards) food….check.
  • Takes children target shooting….check.
  • Preparing for economic and/or social collapse….check.
  • Serious about home defense….check.
  • Home is well-fortified against criminals….check.
  • Skilled with weapons….check.
  • Survivalist philosophy….check.
  • Self-reliant….check.
  • Believes that we are capable of educating our children at home….check.
 

Nancy Lanza’s description could apply to nearly any prepper.  Preppers have been cast in an ugly light for quite some time.  We are painted as camo-clad survivalists, clenching a knife in our teeth while unloading an automatic weapon into some real or imagined threat.  After our Rambo-esque rampage, we will crouch in the forest by a campfire, shoveling down an MRE while glaring suspiciously into the dark, a large Katana hunting knife close at hand with which to dispatch the next enemy.

The assault on preppers through the media is becoming more and more focused.  Let’s look at some recent examples.

We were described last month by emergency manager Valerie Lucus-MacEwen as “socially selfish” – even though the existence of prepared people makes her supplies go further to help the unprepared.  In an editorial meant for other emergency managers, Ms. Lucus-MacEwen arrogantly asserted, “You might wonder why someone like me, who has been in the business of encouraging disaster preparedness for a very long time, is so critical of people who are doing just that. It’s because they are being socially selfish – preparing themselves and the hell with everyone else.  Instead of spending time and energy making changes that would benefit the larger community, in their very narrow focus of loyalty they are more concerned about themselves.”

The National Geographic program Doomsday Preppers also has had a lot to do with the demonization of preppers – it’s a full-court press propaganda attack against preppers.  The program finds the most outrageous examples of preparedness possible and edits to make them look foolish.  An article on the American Preppers Network explains the modus operandi:

The show severely skews Preppers in an effort that can be summed up as “making good television”.  This is evident not only through viewing the show itself, but through the format they have built the show around.  Some highlights of that format include:

  • Featuring one Prepper for 15 minutes only, ensuring that you don’t get too comfortable with them or learn very much about them
  • Requiring each guest to pigeon-hole themselves into one thing they are preparing for – almost always a “doomsday” scenario
  • Creating conflict and drama via their “experts” who review the segment and then condemn or condone what the Prepper has done – all within the context of the “one thing” they’re preparing for

Do you really believe that each of the families on that show only focus on one particular scenario?  No – they are portrayed in a way to marginalize the philosophy of preparedness.  We, as preppers, are a threat to the powers that be.

One participant on the show, David Sarti, learned that his appearance could have serious ramifications.  Mr. Sarti “took one for the team” when, only days after the program aired, however, David Sarti was declared “mentally incompetent”….and his guns were seized.  All of them.  Mr. Sarti, who has no criminal record, is no longer allowed to own guns.  He tells his story here.

Apparently, the constitution no longer applies to those who are categorized as preppers.

The accusation of insanity came after he went to see his cardiologist for some chest pains and shortness of breath.  So far, it sounds sane and rational to me.  The cardiologist, Dr. Andre C. Olivier, whose name and contact information I am delighted to publish, had Mr. Sarti held at the hospital for psychiatric evaluation and broke doctor patient confidentiality by contacting the authorities.

Then it really went to hell on a greased slide.  Mr. Sarti, because of his stay in the psychiatric unit, was then declared “mentally incompetent”.  His very large collection of guns was then stolen removed from his possession.  He is no longer allowed to own weapons.

Earlier this month, Maryland resident Terry Porter had his home descended upon by 150 armed federal agents and local police officers. The raid also included helicopters, SWAT crews, armored vehicles and excavation equipment.

His crimes?  He was known as a prepper, he was unhappy with the reelection of Barack Obama, and he owned guns. He “openly admitted being a prepper.”

So, why all the vilification? Why are preppers the new “boogeymen”?  Why are we being pigeonholed as people who homeschool our kids and turn them into mass murderers of elementary school students?

Simple…because we don’t NEED help.  We do not require the assistance of the government.  We don’t need to line up for 5 hours to wait for a paltry bottle of water and an MRE after a hurricane strikes. We don’t call 911 and hide in a closet waiting for the police to arrive.

Preppers threaten the very existence of all of the social safety nets that are set up.  We can’t be easily manipulated by the offer of a free flu shot and a grocery store gift card in exchange for our weapons.  We think critically and don’t automatically accept the programming of the mainstream media, whose job it is to provide people with the opinions that they should hold.  We don’t shovel in the HFCS-laden genetically modified crap, otherwise known as “food”, killing our brain cells and dumbing us down into cattle to be easily led to slaughter.

We are the last bastion of independent self-reliant thinkers.  And the powers that be are very afraid of those who think for themselves, rather than regurgitating the media-presented party line.

I don’t know why Adam Lanza went on a rampage and killed 26 people last week.  But I do know that it wasn’t because his mother was a homeschooling prepper who stored up food and taught him to fire a gun at a paper target.

There certainly is a lot of bad happenings in the world at this point, you can’t help but wonder why. I’m not sure what to expect in the very near further, less than 30 days and counting untill the dreaded date of the Mayans. If it’s my time to go so be it but, it won’t be without a fight. I should have been out of here on several occasions, it’s everyone else I have concern for. Are they prepared for what may or may not come. Better to have it and not need it than to not have it and need it.

I was trained in the military in survival and worked with some elite teams. I know what it means to be prepared and have been for quite some time now. Having everything I (we) would need when the collapse or other devastating occurence arrives at our doorstep. Make sure you have some provisions put away, food, water, protection etc. for at least a couple of weeks minimum. Better safe than sorry.

I have to ask myself: why has the government built an array of underground shelters? If it’s a “just in case” preparation, then fine. But do they, the rich elite know something we don’t and their making preparations for their own survival.

F-E-M-A camps, fusion centers, fiscial cliff, N-D-A-A, HAARP, war, moon base, project blue beam, Denver Int. airport, TR 3C spacecraft etc. Who knows? Have you had a gut feeling something just doesn’t feel right? 

Not that I would sign a petition for the truth when the world is ruled by liars

BE READY< BE SAFE

BAD FED DEBT – YOU LOSE

 

How can the US have debt on pieces of paper that are absolutely worthless? It just doesn’t make good sense to pay back on a debt that was created out of thin air. Why can’t the government tell the banking cartel to kiss off, we’re not paying that debt and all the interest that comes with it. Those pieces of paper you hold is not money, money has to have value. We use currency, which has no value and no backing with anything of value. Basically our currency is faith based; we have faith that it has some value. That faith is dwindling fast, as more and more people catch on to the banking racket.

The US government borrows 2 million dollars a minute. I don’t care if they say they’re going to reduce the national debt; it grows back like a horrible weed as soon as you cut it. The U.S. government ran a budget deficit of $188 billion dollars for the month of March alone. Compensation that the federal government workforce earned last year came to a grand total of approximately 447 billion dollars. If the federal government began right at this moment to repay the U.S. national debt at a rate of one dollar per second, it would take over 440,000 years to pay off the national debt.

How on earth can the Federal Reserve throw around billions of dollars with no accountability or oversight? Do you know where your tax dollars went? How about private accounts in the Cayman Islands and elsewhere. Matt Taibbi exposes some of the folks that the Federal Reserve has been sending money to in a Rolling Stone exposé

The Fed sent billions in bailout aid to banks in places like Mexico, Bahrain and Bavaria, billions more to a spate of Japanese car companies, more than $2 trillion in loans each to Citigroup and Morgan Stanley, and billions more to a string of lesser millionaires and billionaires with Cayman Islands addresses. “Our jaws are literally dropping as we’re reading this,” says Warren Gunnels, an aide to Sen. Bernie Sanders of Vermont. “Every one of these transactions is outrageous.”

 It seems to me they are getting ready for something. Possibly making sure all insider friends have enough currency to last while the rest of us burn when the collapse comes.

I don’t know about you but, this has pissed me off for a long time. Now it’s worse than ever. If we don’t abolish the FED you, me and everyone else will be surly doomed in the next few years, if not a whole lot sooner.  

Wish I could whipe that smerk off his face with a bat.

 

The Federal Reserve and the corporations that depend on their fiat currency run this country and control congress. It’s just the way it is but, should come to an end. And soon, before it destoys us all.