Thanks Yoder
Sunday, December 28, 2008
Zimbabwe's economic struggles continue
Reading this article should be a small wake up call to understand what sanctions can do. It isn't the governments or the people in power that are hurting the most; it is always the civilians that suffer the most. Starvation, disease and death are all too common in the region, but it's okay because it is them, not us. When sanctions bring about living conditions that only cockroaches could enjoy, it is obviously a dark soul with a heart of coal that would allow for this to continue. This was on CNN tonight, and I thought it would be appropriate to post here so we could take a look at the truth of the economic policies that we force on countries around the world that aren't part of the final plan.
Zimbabwe's children 'wasting away' - aid group
HARARE, Zimbabwe (CNN) --
Some of Zimbabwe's children are "wasting away" as political turmoil and economic crisis have caused a severe food shortage, according to a report from Save the Children.
The number of acute child malnutrition cases has risen by almost two-thirds in the past year, the report from the UK-based agency said in its appeal to world donors for help.
"There is no excuse for failing to provide this food," program director Lynn Walker said. "The innocent people of Zimbabwe should not be made to suffer for a political situation that is out of their control."
Five million Zimbabweans -- out of a population of about 12 million -- are in need of food aid now, the report said. The group is appealing for 18,000 tons of food for next month.
"We have already been forced to reduce the rations of emergency food we are delivering because there isn't enough to go around," the report said. "If, as we fear, the food aid pipeline into Zimbabwe begins to fail in the new year the millions of people who rely on emergency food aid will suffer."
Zimbabwe is facing its worst economic and humanitarian crisis since its independence from Great Britain 28 years ago. There is an acute shortage of all essentials such as cash, fuel, medical drugs, electricity and food.
President Robert Mugabe blames the crisis on the sanctions imposed on him and his cronies by the West for allegedly disregarding human rights. But Mugabe's critics attribute the crisis to his economic policies.
As the economy has faltered for almost a decade now, a cholera epidemic is raging, fueled by the collapse of health, sanitation and water services in Zimbabwe. The epidemic has claimed more than 1,100 lives and infected more than 20,000 people since its outbreak in August.
Health experts have warned that the water-borne disease could infect more than 60,000 unless its spread is halted.
The political crisis rose to a boil in this year when the opposition party claimed that it won the presidential election, but Mugabe's government refused to recognize the result. Instead, the race was thrown to a runoff, which was boycotted by the opposition.
Mugabe signed an agreement with the opposition in September to form a unity government, but a bitter dispute over the division of cabinet seats has prevented its formation.
Inflation is so severe that the government was forced to print $10 billion currency notes last week, with each expected to buy just 20 loaves of bread
Zimbabwe's children 'wasting away' - aid group
HARARE, Zimbabwe (CNN) --
Some of Zimbabwe's children are "wasting away" as political turmoil and economic crisis have caused a severe food shortage, according to a report from Save the Children.The number of acute child malnutrition cases has risen by almost two-thirds in the past year, the report from the UK-based agency said in its appeal to world donors for help.
"There is no excuse for failing to provide this food," program director Lynn Walker said. "The innocent people of Zimbabwe should not be made to suffer for a political situation that is out of their control."
Five million Zimbabweans -- out of a population of about 12 million -- are in need of food aid now, the report said. The group is appealing for 18,000 tons of food for next month.
"We have already been forced to reduce the rations of emergency food we are delivering because there isn't enough to go around," the report said. "If, as we fear, the food aid pipeline into Zimbabwe begins to fail in the new year the millions of people who rely on emergency food aid will suffer."
Zimbabwe is facing its worst economic and humanitarian crisis since its independence from Great Britain 28 years ago. There is an acute shortage of all essentials such as cash, fuel, medical drugs, electricity and food.
President Robert Mugabe blames the crisis on the sanctions imposed on him and his cronies by the West for allegedly disregarding human rights. But Mugabe's critics attribute the crisis to his economic policies.
As the economy has faltered for almost a decade now, a cholera epidemic is raging, fueled by the collapse of health, sanitation and water services in Zimbabwe. The epidemic has claimed more than 1,100 lives and infected more than 20,000 people since its outbreak in August.
Health experts have warned that the water-borne disease could infect more than 60,000 unless its spread is halted.
The political crisis rose to a boil in this year when the opposition party claimed that it won the presidential election, but Mugabe's government refused to recognize the result. Instead, the race was thrown to a runoff, which was boycotted by the opposition.
Mugabe signed an agreement with the opposition in September to form a unity government, but a bitter dispute over the division of cabinet seats has prevented its formation.
Inflation is so severe that the government was forced to print $10 billion currency notes last week, with each expected to buy just 20 loaves of bread
Friday, December 19, 2008
Project Darkstar- Smallpox testing
Last night, I was fortunate enough to meet a gentleman who was stationed at Fort Dietrich, Maryland and has some information that he is willing to provide to me. Very soon I am going to sit down with him and get information regarding smallpox testing regarding animals at this location. Stay tuned!.
Labels:
fort dietrich,
government,
military,
smallpox,
testing
Sunday, December 7, 2008
Beyond Treason
This movie is one that was recommended to me by Yoder, but I haven't had the chance to watch it till now. Excellent movie that shows how we are using banned weapons in Iraq, Afghanistan and in prior wars.
Caution: Very Graphic Imagery.
Caution: Very Graphic Imagery.
Tuesday, December 2, 2008
Lindsey Williams on Alex Jones
I heard the first 20 minutes or so of this and was absolutely floored. $50.00 oil? $2.00 gas? I don't believe I would have ever seen it. But this proves without a doubt that the people in charge of your life control every facet of the economy.
Thursday, November 27, 2008
Happy Thanksgiving
Now that the election has wound down, the economy is in peril and the world is facing unprecedented amounts of push from the people that want to control the world, it is time for the holiday season. Thanksgiving is upon us once again. A wonderful time for family and friends. A time for eating too much, watching football and, if you are in my family, a trip to the casino to win a jackpot of $48.15 (adjusted for inflation and the current value of the dollar on the open market; post-taxes of course).
So, I won't keep you here too long reading a dissertation on my thoughts of the world today. Instead, take a break from all of it and turn off the news. Enjoy the day off from work whether it is paid or not. Give your kids a hug and let them know why we get to enjoy this day.
So, I won't keep you here too long reading a dissertation on my thoughts of the world today. Instead, take a break from all of it and turn off the news. Enjoy the day off from work whether it is paid or not. Give your kids a hug and let them know why we get to enjoy this day.
Monday, November 24, 2008
When I read anything about the bailout...
I can't help but think how well their plans are moving forward for absolute state control of all financial elements.
Be sure to get your new-speak dictionaries out...
--------------------------------------------
Citigroup rescue includes $20B cash injection, guarantee on billions in assets
WASHINGTON (AP) -- Rushing to rescue Citigroup, the government agreed to shoulder hundreds of billions of dollars in possible losses at the stricken bank and to plow a fresh $20 billion into the company.
Regulators hope the dramatic action will bolster badly shaken confidence in the once-mighty banking giant as well as the nation's financial system, a goal that so far has been elusive despite a flurry of government interventions to battle the worst global crisis since the 1930s.
Wall Street investors reacted enthusiastically. The Dow Jones industrials shot up about 300 points in morning trading. Stock markets in Britain and Germany also gained ground. Citigroup shares themselves climbed 61.3 percent to $6.08 in morning trading.
"If they didn't help, the damage would be beyond imagination," said Teck-Kin Suan, economist at United Overseas Bank in Singapore.
The action, announced late Sunday by the Treasury Department, the Federal Reserve and the Federal Deposit Insurance Corp., is aimed at shoring up a huge financial institution whose collapse would wreak havoc on the already fragile financial system and the U.S. economy.
"With these transactions, the U.S. government is taking the actions necessary to strengthen the financial system and protect U.S. taxpayers and the U.S. economy," the three agencies said in a joint statement. "We will continue to use all of our resources to preserve the strength of our banking institutions, and promote the process of repair and recovery and to manage risks."
President George W. Bush held open the prospect Monday of similar arrangements should other companies falter. "If need be, we will make these kind of decisions to safeguard our financial system in the future," Bush said.
Analysts said a Citigroup failure would have seized up still fragile lending markets and caused untold losses among institutions holding debt and financial products backed by the company.
"It would create chaos," said Winson Fong, managing director at SG Asset Management in Hong Kong, which oversees about $3 billion in equities in Asia. "Simply put, you couldn't borrow or lend for a while. This is a nightmare scenario."
The bold move is the latest in a string of high-profile government bailout efforts. The Fed in March provided financial backing to JPMorgan Chase's buyout of ailing Bear Stearns. Six months later, the government was forced to take over mortgage giants Fannie Mae and Freddie Mac and throw a financial lifeline -- which was recently rejiggered -- to insurer American International Group.
Critics worry the actions could put billions of taxpayers' dollars in jeopardy and encourage financial companies to take excessive risk on the belief that the government will bail them out of their messes.
The Citigroup rescue came after a weekend of marathon discussions led by Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke. Timothy Geithner, president of the Federal Reserve Bank of New York, who is being tapped by President-elect Barack Obama as his Treasury chief also participated. Bush said Monday he consulted with Obama on the Citigroup rescue.
Vikram S. Pandit, Citi's chief executive officer, welcomed the action. "We appreciate the tremendous effort by the government to assure market stability," he said in a statement issued early Monday.
The $20 billion cash injection by the Treasury Department will come from the $700 billion financial bailout package. The capital infusion follows an earlier one -- of $25 billion -- in Citigroup in which the government also received an ownership stake.
As part of the plan, Treasury and the FDIC will guarantee against the "possibility of unusually large losses" on up to $306 billion of risky loans and securities backed by commercial and residential mortgages.
Under the loss-sharing arrangement, Citigroup Inc. will assume the first $29 billion in losses on the risky pool of assets. Beyond that amount, the government would absorb 90 percent of the remaining losses, and Citigroup 10 percent. Money from the $700 billion bailout and funds from the FDIC would cover the government's portion of potential losses. The Federal Reserve would finance the remaining assets with a loan to Citigroup.
In exchange for the guarantees, the government will get $7 billion in preferred shares of Citigroup. In addition, Citi said it will issue warrants to the U.S. Treasury and the FDIC for about 254 million shares of the company's common stock at a strike price of $10.61.
As a condition of the rescue, Citigroup is barred from paying quarterly dividends to shareholders of more than 1 cent a share for three years unless the company obtains consent from the three federal agencies. The bank is currently paying a dividend of 16 cents, halved from a 32-cent payout in the previous quarter. The agreement also places restrictions on executive compensation, including bonuses.
Importantly, the agreement calls on Citigroup to take steps to help distressed homeowners.
Specifically, Citigroup will modify mortgages to help people avoid foreclosure along the lines of an FDIC plan that was put into effect at IndyMac Bank, a major failed savings and loan based in Pasadena, Calif.
Under the IndyMac plan, struggling home borrowers pay interest rates of about 3 percent for five years. Rates are reduced so that borrowers aren't paying more than 38 percent of their pretax income on housing.
The IndyMac plan also was used as a model for a new program by Fannie Mae and Freddie Mac and for two other failed thrifts taken over by the government on Friday. FDIC Chairman Sheila Bair has been pressing Treasury to use $24 billion from the $700 billion bailout program to put the mortgage modification program on national footing, but Paulson is opposed to that idea.
Citigroup has seen its shares lose 60 percent of their value in the past week, reflecting a crisis of confidence among skittish investors. They are worried all the risky debt on Citigroup's balance sheet will turn into losses as the economy worsens and the markets stay turbulent -- losses that could be nearly impossible to reverse.
Citigroup is such a large, interconnected player in the financial system that it is seen by Washington policymakers as too big to fail. The company, with some 200 million customers, has operations stretching around the globe in more than 100 countries.
Analysts consider Citigroup the most vulnerable among the major U.S. banks -- especially after it failed to nab Wachovia Corp., which was bought instead by Wells Fargo & Co. That was a missed opportunity for Citi to gets its hands on much-needed U.S. deposits that would bolster its cash position.
Citigroup was especially hard hit by the meltdown in risky, subprime mortgages made to people with tarnished credit or low incomes. Foreclosures on those mortgages spiked, leaving Citi and other financial companies wracking up huge losses on the soured investments. The company has failed to turn a profit during the past four quarters and has announced plans to slash thousands of jobs.
AP Business writers Marcy Gordon in Washington and Madlen Read in New York contributed to this report.
Be sure to get your new-speak dictionaries out...
--------------------------------------------
Citigroup rescue includes $20B cash injection, guarantee on billions in assets
WASHINGTON (AP) -- Rushing to rescue Citigroup, the government agreed to shoulder hundreds of billions of dollars in possible losses at the stricken bank and to plow a fresh $20 billion into the company.
Regulators hope the dramatic action will bolster badly shaken confidence in the once-mighty banking giant as well as the nation's financial system, a goal that so far has been elusive despite a flurry of government interventions to battle the worst global crisis since the 1930s.
Wall Street investors reacted enthusiastically. The Dow Jones industrials shot up about 300 points in morning trading. Stock markets in Britain and Germany also gained ground. Citigroup shares themselves climbed 61.3 percent to $6.08 in morning trading.
"If they didn't help, the damage would be beyond imagination," said Teck-Kin Suan, economist at United Overseas Bank in Singapore.
The action, announced late Sunday by the Treasury Department, the Federal Reserve and the Federal Deposit Insurance Corp., is aimed at shoring up a huge financial institution whose collapse would wreak havoc on the already fragile financial system and the U.S. economy.
"With these transactions, the U.S. government is taking the actions necessary to strengthen the financial system and protect U.S. taxpayers and the U.S. economy," the three agencies said in a joint statement. "We will continue to use all of our resources to preserve the strength of our banking institutions, and promote the process of repair and recovery and to manage risks."
President George W. Bush held open the prospect Monday of similar arrangements should other companies falter. "If need be, we will make these kind of decisions to safeguard our financial system in the future," Bush said.
Analysts said a Citigroup failure would have seized up still fragile lending markets and caused untold losses among institutions holding debt and financial products backed by the company.
"It would create chaos," said Winson Fong, managing director at SG Asset Management in Hong Kong, which oversees about $3 billion in equities in Asia. "Simply put, you couldn't borrow or lend for a while. This is a nightmare scenario."
The bold move is the latest in a string of high-profile government bailout efforts. The Fed in March provided financial backing to JPMorgan Chase's buyout of ailing Bear Stearns. Six months later, the government was forced to take over mortgage giants Fannie Mae and Freddie Mac and throw a financial lifeline -- which was recently rejiggered -- to insurer American International Group.
Critics worry the actions could put billions of taxpayers' dollars in jeopardy and encourage financial companies to take excessive risk on the belief that the government will bail them out of their messes.
The Citigroup rescue came after a weekend of marathon discussions led by Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke. Timothy Geithner, president of the Federal Reserve Bank of New York, who is being tapped by President-elect Barack Obama as his Treasury chief also participated. Bush said Monday he consulted with Obama on the Citigroup rescue.
Vikram S. Pandit, Citi's chief executive officer, welcomed the action. "We appreciate the tremendous effort by the government to assure market stability," he said in a statement issued early Monday.
The $20 billion cash injection by the Treasury Department will come from the $700 billion financial bailout package. The capital infusion follows an earlier one -- of $25 billion -- in Citigroup in which the government also received an ownership stake.
As part of the plan, Treasury and the FDIC will guarantee against the "possibility of unusually large losses" on up to $306 billion of risky loans and securities backed by commercial and residential mortgages.
Under the loss-sharing arrangement, Citigroup Inc. will assume the first $29 billion in losses on the risky pool of assets. Beyond that amount, the government would absorb 90 percent of the remaining losses, and Citigroup 10 percent. Money from the $700 billion bailout and funds from the FDIC would cover the government's portion of potential losses. The Federal Reserve would finance the remaining assets with a loan to Citigroup.
In exchange for the guarantees, the government will get $7 billion in preferred shares of Citigroup. In addition, Citi said it will issue warrants to the U.S. Treasury and the FDIC for about 254 million shares of the company's common stock at a strike price of $10.61.
As a condition of the rescue, Citigroup is barred from paying quarterly dividends to shareholders of more than 1 cent a share for three years unless the company obtains consent from the three federal agencies. The bank is currently paying a dividend of 16 cents, halved from a 32-cent payout in the previous quarter. The agreement also places restrictions on executive compensation, including bonuses.
Importantly, the agreement calls on Citigroup to take steps to help distressed homeowners.
Specifically, Citigroup will modify mortgages to help people avoid foreclosure along the lines of an FDIC plan that was put into effect at IndyMac Bank, a major failed savings and loan based in Pasadena, Calif.
Under the IndyMac plan, struggling home borrowers pay interest rates of about 3 percent for five years. Rates are reduced so that borrowers aren't paying more than 38 percent of their pretax income on housing.
The IndyMac plan also was used as a model for a new program by Fannie Mae and Freddie Mac and for two other failed thrifts taken over by the government on Friday. FDIC Chairman Sheila Bair has been pressing Treasury to use $24 billion from the $700 billion bailout program to put the mortgage modification program on national footing, but Paulson is opposed to that idea.
Citigroup has seen its shares lose 60 percent of their value in the past week, reflecting a crisis of confidence among skittish investors. They are worried all the risky debt on Citigroup's balance sheet will turn into losses as the economy worsens and the markets stay turbulent -- losses that could be nearly impossible to reverse.
Citigroup is such a large, interconnected player in the financial system that it is seen by Washington policymakers as too big to fail. The company, with some 200 million customers, has operations stretching around the globe in more than 100 countries.
Analysts consider Citigroup the most vulnerable among the major U.S. banks -- especially after it failed to nab Wachovia Corp., which was bought instead by Wells Fargo & Co. That was a missed opportunity for Citi to gets its hands on much-needed U.S. deposits that would bolster its cash position.
Citigroup was especially hard hit by the meltdown in risky, subprime mortgages made to people with tarnished credit or low incomes. Foreclosures on those mortgages spiked, leaving Citi and other financial companies wracking up huge losses on the soured investments. The company has failed to turn a profit during the past four quarters and has announced plans to slash thousands of jobs.
AP Business writers Marcy Gordon in Washington and Madlen Read in New York contributed to this report.
Labels:
Communism,
Financial Bailout,
NWO,
socialism
Barack Obama and his civilian military...
Barack explains his plans to increase the Peace Corp size as well as his need for a broader civilian military. Why do we need a broad civilian military that doesn't wear the uniforms of our brave soldiers?
Thanks again to Hercules for the vid.
Thanks again to Hercules for the vid.
Sunday, November 23, 2008
Short Video on the Gears of War
pretty good short on the NWO, PNAC and what drives war.
Thanks Hercules
Thanks Hercules
Stan Jones talks about the future of our nation
Stan Jones spills the beans about the future of America and the World. Very few people in the public light are willing to talk about the NWO and our path to fascism. Thanks to Hercules for sending this in.
Tuesday, November 18, 2008
Can a music video make you think?
As I watched Radiohead's All I Need, I was truly moved by the comparison of lives in our luxury compared to the people that live on scraps. I watched this video and saw what our economic policies and trade agreements have done. The adage applies here: The rich get richer, the poor get poorer.
I don't enjoy the gloom and doom that we see everyday. I would rather see a world that works in harmony to solve its problems and advance our species to the next level.
Spread this video to anyone you can. It should make you think. It should make you wonder. It should make you mad. It should make you cry. Mostly, it should make you want to take action against modern slavery.
I don't enjoy the gloom and doom that we see everyday. I would rather see a world that works in harmony to solve its problems and advance our species to the next level.
Spread this video to anyone you can. It should make you think. It should make you wonder. It should make you mad. It should make you cry. Mostly, it should make you want to take action against modern slavery.
Monday, November 17, 2008
The Movement of Democracy
How Long Do We Have?
About the time our original thirteen states adopted their new constitution
in 1787, Alexander Tyler, a Scottish history professor at the University of
Edinburgh, had this to say about the fall of the Athenian Republic some
2,000 years earlier:
"A democracy is always temporary in nature; it simply cannot exist as a
permanent form of government."
"A democracy will continue to exist up until the time that voters discover
they can vote themselves generous gifts from the public treasury."
"From that moment on, the majority always vote for the candidates who
promise the most benefits from the public treasury, with the result that
every democracy will finally collapse due to loose fiscal policy, which is
always followed by a dictatorship."
"The average age of the world's greatest civilizations from the beginning of
history, has been about 200 years"
"During those 200 years, those nations always progressed through the
following sequence:
1. from bondage to spiritual faith;
2. from spiritual faith to great courage;
3. from courage to liberty;
4. from liberty to abundance;
5. from abundance to complacency;
6. from complacency to apathy;
7. from apathy to dependence;
8. From dependence back into bondage"
Professor Joseph Olson of Hemline University School of Law, St. Paul,
Minnesota, points out some interesting facts concerning the 2000
Presidential election:
Number of States won by: Democrats: 19 Republicans: 29
Square miles of land won by: Democrats: 580,000 Republicans: 2,427,000
Population of counties won by: Democrats: 127 million Republicans: 143
million
Murder rate per 100,000 residents in counties won by: Democrats: 13.2
Republicans: 2.1
Professor Olson adds: "In aggregate, the map of the territory Republican won
was mostly the land owned by the taxpaying citizens of this great country.
Democrat territory mostly encompassed those citizens living in
government-owned tenements and living off various forms of government
welfare..." Olson believes the United States is now somewhere between the
"complacency and apathy" phase of Professor Tyler's definition of democracy,
with some forty percent of the nation's population already having reached
the "governmental dependency" phase.
If Congress grants amnesty and citizenship to twenty million criminal
invaders called illegals and they vote, then we can say goodbye to the USA
in fewer than five years.
If you are in favor of this, then by all means, delete this message. If you
are not, then pass this along to help everyone realize just how much is at
stake, knowing that apathy is the greatest danger to our freedom.
About the time our original thirteen states adopted their new constitution
in 1787, Alexander Tyler, a Scottish history professor at the University of
Edinburgh, had this to say about the fall of the Athenian Republic some
2,000 years earlier:
"A democracy is always temporary in nature; it simply cannot exist as a
permanent form of government."
"A democracy will continue to exist up until the time that voters discover
they can vote themselves generous gifts from the public treasury."
"From that moment on, the majority always vote for the candidates who
promise the most benefits from the public treasury, with the result that
every democracy will finally collapse due to loose fiscal policy, which is
always followed by a dictatorship."
"The average age of the world's greatest civilizations from the beginning of
history, has been about 200 years"
"During those 200 years, those nations always progressed through the
following sequence:
1. from bondage to spiritual faith;
2. from spiritual faith to great courage;
3. from courage to liberty;
4. from liberty to abundance;
5. from abundance to complacency;
6. from complacency to apathy;
7. from apathy to dependence;
8. From dependence back into bondage"
Professor Joseph Olson of Hemline University School of Law, St. Paul,
Minnesota, points out some interesting facts concerning the 2000
Presidential election:
Number of States won by: Democrats: 19 Republicans: 29
Square miles of land won by: Democrats: 580,000 Republicans: 2,427,000
Population of counties won by: Democrats: 127 million Republicans: 143
million
Murder rate per 100,000 residents in counties won by: Democrats: 13.2
Republicans: 2.1
Professor Olson adds: "In aggregate, the map of the territory Republican won
was mostly the land owned by the taxpaying citizens of this great country.
Democrat territory mostly encompassed those citizens living in
government-owned tenements and living off various forms of government
welfare..." Olson believes the United States is now somewhere between the
"complacency and apathy" phase of Professor Tyler's definition of democracy,
with some forty percent of the nation's population already having reached
the "governmental dependency" phase.
If Congress grants amnesty and citizenship to twenty million criminal
invaders called illegals and they vote, then we can say goodbye to the USA
in fewer than five years.
If you are in favor of this, then by all means, delete this message. If you
are not, then pass this along to help everyone realize just how much is at
stake, knowing that apathy is the greatest danger to our freedom.
Saturday, November 15, 2008
Ron Paul on the future of the economy
When this man talks, people need to listen. He is absolutely brilliant.
Friday, November 14, 2008
Would you like Port Wine?? Not at the White House
(CNN) – The global economy may be undergoing a significant downturn, but the White House's dinner budget still appears flush with cash.
After all, world leaders who are in town to discuss the economic crisis are set to dine in style Friday night while sipping wine listed at nearly $500 a bottle.
According to the White House, tonight's dinner to kick off the G-20 summit includes such dishes as "Fruitwood-smoked Quail," "Thyme-roasted Rack of Lamb," and "Tomato, Fennel and Eggplant Fondue Chanterelle Jus."
To wash it all down, world leaders will be served Shafer Cabernet “Hillside Select” 2003, a wine that sells at $499 on Wine.com.
The exceedingly pricey wine may seem a bit peculiar given leaders are in Washington to discuss a possible world financial meltdown, but Sally McDonough, a spokeswoman for Laura Bush, said it "was the most appropriate wine that we had in the White House wine cellar for such a gathering.
McDonough also said the White House purchased the wine at a "significantly lower price" than what it is listed at.
"Of course the White House gets its wine at wholesale prices," she said. "Given the intimate size of the group, it was an appropriate time for The White House to use this stock."
The leaders of the U.K., France, Russia, China, India, Brazil, Saudi Arabia, South Africa, Turkey and 11 developing economies have all come to Washington at the behest of President Bush in an effort to express confidence in the fundamental underpinnings of the world's economy.
After all, world leaders who are in town to discuss the economic crisis are set to dine in style Friday night while sipping wine listed at nearly $500 a bottle.
According to the White House, tonight's dinner to kick off the G-20 summit includes such dishes as "Fruitwood-smoked Quail," "Thyme-roasted Rack of Lamb," and "Tomato, Fennel and Eggplant Fondue Chanterelle Jus."
To wash it all down, world leaders will be served Shafer Cabernet “Hillside Select” 2003, a wine that sells at $499 on Wine.com.
The exceedingly pricey wine may seem a bit peculiar given leaders are in Washington to discuss a possible world financial meltdown, but Sally McDonough, a spokeswoman for Laura Bush, said it "was the most appropriate wine that we had in the White House wine cellar for such a gathering.
McDonough also said the White House purchased the wine at a "significantly lower price" than what it is listed at.
"Of course the White House gets its wine at wholesale prices," she said. "Given the intimate size of the group, it was an appropriate time for The White House to use this stock."
The leaders of the U.K., France, Russia, China, India, Brazil, Saudi Arabia, South Africa, Turkey and 11 developing economies have all come to Washington at the behest of President Bush in an effort to express confidence in the fundamental underpinnings of the world's economy.
Monday, November 10, 2008
David Rockefeller talking about population control
The Georgia Guidestones speak of this, and so do the elitist swine that live amongst us.
Labels:
NWO,
Population Control,
Rockefeller,
United Nations
Do you know Frank G. Zarb? You should
Why should you care who he is? In the grand scheme of things, is he really that important? As a matter of fact, he is. He is so important to the financial agenda of this nation that you will hear about him more and more as the financial elements of this nation jockey for the bargain-basement purchases of failed institutions of this country. So, now do you want to know who he is?
So, this all started this morning when I was coming into work and they announced on 710AM that AIG is going to get even MORE money from the Fed to prop up their cash position and for the Government to buy stock in the company. Once again, AIG needs cash, Bernanke and Paulson show up armed with a checkbook in hand and write more checks for money printed out of thin air. So, AIG needs propped up 3 times, and Lehman gets to collapse to oblivion. Now, we need to understand why.
It seems that Zarb was installed as a "mole" at AIG. As a member of the board, he had access to everything in the company. This included the books that were cooked, etc. He used his power at AIG to out his lifelong friend and CEO, Maurice (Hank) Greenberg, by exposing the books to the Feds. This allowed for a new CEO to be brought in and subsequently removed for the current CEO. So, we have a little history. What is the importance of Zarb?
The CFR.
Zarb is a former director at the CFR, and like any club of exclusive members, once a member, always a member. Our friend, Frank Zarb, is a tool for the neo-conservative "Think Tank" that pushes the NWO Agenda onto us. The implantation of Zarb into the AIG Board gives the CFR and Banking Elite another tool into which they can implement their policies and use capitalistic greed as a weapon against us. Spying on us is no longer an issue from this angle. They have access to millions of accounts and can see everything they want or desire without issue or blockage.
Follow the Trail on Frank Zarb. He is a snake that will work the agenda of the Elites.
So, this all started this morning when I was coming into work and they announced on 710AM that AIG is going to get even MORE money from the Fed to prop up their cash position and for the Government to buy stock in the company. Once again, AIG needs cash, Bernanke and Paulson show up armed with a checkbook in hand and write more checks for money printed out of thin air. So, AIG needs propped up 3 times, and Lehman gets to collapse to oblivion. Now, we need to understand why.
It seems that Zarb was installed as a "mole" at AIG. As a member of the board, he had access to everything in the company. This included the books that were cooked, etc. He used his power at AIG to out his lifelong friend and CEO, Maurice (Hank) Greenberg, by exposing the books to the Feds. This allowed for a new CEO to be brought in and subsequently removed for the current CEO. So, we have a little history. What is the importance of Zarb?
The CFR.
Zarb is a former director at the CFR, and like any club of exclusive members, once a member, always a member. Our friend, Frank Zarb, is a tool for the neo-conservative "Think Tank" that pushes the NWO Agenda onto us. The implantation of Zarb into the AIG Board gives the CFR and Banking Elite another tool into which they can implement their policies and use capitalistic greed as a weapon against us. Spying on us is no longer an issue from this angle. They have access to millions of accounts and can see everything they want or desire without issue or blockage.
Follow the Trail on Frank Zarb. He is a snake that will work the agenda of the Elites.
Labels:
AIG,
CFR,
Financial Bailout,
Frank Zarb,
Lehman Brothers,
NWO
Sunday, November 9, 2008
Ben Fulford interviews David Rockefeller
And is completely oblivious to the fact that he is getting grilled on the NWO/One Word Government that he has preached about for decades.
Monday, November 3, 2008
Fema "Shelters" being built around you
Some of you may know that FEMA is a branch of the DHS (Department of Homeland Security), and is in charge of funding, through grants, local cities' "storm shelters" in case of natural disaster. Well, I learned today that these shelters are going into a rather strange place: Public Libraries. Now, it may seem normal to the naked eye, but why would they put them in a city building such as a library? Moreover, the construction of this shelter is really strange. It uses concrete blocks known to us as cinder blocks and has a very strict standard to its design. The center of the block is filled with rebar and packed full with concrete. I know, it doesn't seem odd yet. When I asked my brother about what other jobs they have which require this kind of design, his response was chilling. "Prisons." He has done this work for nearly 15 years and knows what goes into each building design. He doesn't understand the need for such a highly reinforced structure built below a library. I had to explain to him the big picture of the near future with people being put into detention centers that pose as FEMA shelters. For our sake, I hope I am wrong.
Sunday, November 2, 2008
Palin Discusses the Economy and WAR WITH IRAN!
Okay, I had to play this 3 times to figure out if what I heard was really what was said.
In the first 100 days they play to go to war with Iran.
In the first 100 days they play to go to war with Iran.
Tuesday, October 28, 2008
Esoteric Agenda
I watched this video last night after stumbling upon another video that was quite terrible. I am glad the author of the really bad video made reference to a very very good video, though. So, I guess it was worth the pain of the bad one to find this.
Original link can be found here
you can watch the video here, as well
Original link can be found here
you can watch the video here, as well
Labels:
2012,
conspiracy,
corruption,
jordan maxwell,
NWO,
symbols
14 Points of Fascism
Are you sure your Government is by the people and for the people? The Patriot Act was a good thing, right? Right? Wait, what? It's not??????
Actually, we all know and should know the truth about our path.
Click HERE to see the parallels of our Government and a Fascist/Communist State.
Actually, we all know and should know the truth about our path.
Click HERE to see the parallels of our Government and a Fascist/Communist State.
Labels:
Communism,
corruption,
Fascist,
greed,
power
Saturday, October 25, 2008
Global Finance Reform
Okay, so I might be reading too much into this, but this financial summits they have been having make me wonder what is really happening.
CNN put this out
Click Here
Makes me think they are planning the NWO/One-World Government next steps.
Marxism is alive and well with our world leaders
CNN put this out
Click Here
Makes me think they are planning the NWO/One-World Government next steps.
Marxism is alive and well with our world leaders
Friday, October 24, 2008
Wednesday, October 22, 2008
What the Hell did he say???????????
Joe Biden-
"Mark my words. It will not be six months before the world tests Barack Obama like they did John Kennedy.
The world is looking. We are about to elect a brilliant 47-year- old president of the United States of America.
Remember I said this as much as anything else I said. Watch. We're going to have an international crisis, a generated crisis to test the mettle of this guy."
"Mark my words. It will not be six months before the world tests Barack Obama like they did John Kennedy.
The world is looking. We are about to elect a brilliant 47-year- old president of the United States of America.
Remember I said this as much as anything else I said. Watch. We're going to have an international crisis, a generated crisis to test the mettle of this guy."
Tuesday, October 21, 2008
Ever wanted to know how governments destroy a country?
This is a prime example of how a Govt will allow a society to destroy itself from within and then conquer the nation or city with relative ease.
CNN has a good example of it here.
Moreover, this is exactly what we are seeing in Iraq and will see when we go to war with Iran. It's not an if, but when we will go to war with Iran. If a country starts and promotes civil unrest by doing nothing, the country will fall quicker. Which is easier? Fighting 2 people at once to conquer them both or letting them fight it out, and conquer one that is weaker from already fighting?
CNN has a good example of it here.
Moreover, this is exactly what we are seeing in Iraq and will see when we go to war with Iran. It's not an if, but when we will go to war with Iran. If a country starts and promotes civil unrest by doing nothing, the country will fall quicker. Which is easier? Fighting 2 people at once to conquer them both or letting them fight it out, and conquer one that is weaker from already fighting?
Missing Links of 9/11
I just finished this video, and highly recommend it to anyone that is trying to put pieces together of this event. Google Video can be found here
Labels:
9/11,
Bush,
Chertoff,
Jewish Control,
Mossad,
Operation Susannah,
Silverstein,
WTC
Saturday, October 18, 2008
Dos Palos students protest after school forces sophomore to remove American flag shirt
DOS PALOS -- Students at Dos Palos High School protested Thursday -- by wearing patriotic regalia to school -- after a sophomore student was forced to remove a T-shirt depicting the American flag.
Officials at the Merced County school confirmed Thursday that Jake Shelly was forced to take off a red, white and blue tie-dyed American flag T-shirt on Tuesday. The shirt said nothing offensive, just: "United States of America, Washington, D.C."
The school's assistant principal issued Shelly a bright yellow T-shirt that read "DCV: Dress Code Violator" to wear for the rest of the day. He was given his shirt back after classes ended.
The administration has since apologized for the incident.
"It was really embarrassing and humiliating to have to wear that all day -- and just for supporting your country," his sister Kaycee Shelly said.
Kaycee Shelly told members of the media at lunchtime that her brother was overwhelmed and did not want to do any more interviews.
Earlier in the day, he was speaking with a local news station when an unidentified teacher walked up to him, ripped off the microphone clipped to his shirt and told him he was not allowed to talk to the media.
The assistant principal said Shelly's T-shirt violated a clause of the school dress code that does not allow "shirts/blouses that promote specific races, cultures, or ethnicities."
Jake Shelly was wearing the tie-dyed T-shirt as part of a school sponsored hippie dress-up day during homecoming week.
Students on campus started a campaign to wear as much red, white or blue clothing and carry as many flags as possible Thursday in protest of Tuesday's decision, despite the apology. Jake Shelly wore the same shirt he wore Tuesday and was not disciplined.
"I am glad so many people are supporting this and wearing red, white and blue," his sister said. She believes the swift change in rules was because of the overwhelming student action.
A.J. Galindo is one student who wore a patriotic shirt to school.
Galindo's shirt honored Marine Cpl. Joshua Pickard, a family member who died in Iraq in 2006. Pickard's two brothers remain active in the Marines.
"I think it is horrible that you can't wear an American flag to school without something like this happening," he said, referring to the flurry of activities during the school's lunch hour. "We have people fighting for our country and dying every day, but we can't wear an American flag at a public school?"
A.J. said he was proud of the patriotism displayed by his classmates.
School officials said they will now interpret that clause of the dress code -- which was written at the beginning of this school year -- differently.
Defiance when asked to remove an article of clothing is an automatic 3- to 5-day suspension, according to the dress code.
Officials at the Merced County school confirmed Thursday that Jake Shelly was forced to take off a red, white and blue tie-dyed American flag T-shirt on Tuesday. The shirt said nothing offensive, just: "United States of America, Washington, D.C."
The school's assistant principal issued Shelly a bright yellow T-shirt that read "DCV: Dress Code Violator" to wear for the rest of the day. He was given his shirt back after classes ended.
The administration has since apologized for the incident.
"It was really embarrassing and humiliating to have to wear that all day -- and just for supporting your country," his sister Kaycee Shelly said.
Kaycee Shelly told members of the media at lunchtime that her brother was overwhelmed and did not want to do any more interviews.
Earlier in the day, he was speaking with a local news station when an unidentified teacher walked up to him, ripped off the microphone clipped to his shirt and told him he was not allowed to talk to the media.
The assistant principal said Shelly's T-shirt violated a clause of the school dress code that does not allow "shirts/blouses that promote specific races, cultures, or ethnicities."
Jake Shelly was wearing the tie-dyed T-shirt as part of a school sponsored hippie dress-up day during homecoming week.
Students on campus started a campaign to wear as much red, white or blue clothing and carry as many flags as possible Thursday in protest of Tuesday's decision, despite the apology. Jake Shelly wore the same shirt he wore Tuesday and was not disciplined.
"I am glad so many people are supporting this and wearing red, white and blue," his sister said. She believes the swift change in rules was because of the overwhelming student action.
A.J. Galindo is one student who wore a patriotic shirt to school.
Galindo's shirt honored Marine Cpl. Joshua Pickard, a family member who died in Iraq in 2006. Pickard's two brothers remain active in the Marines.
"I think it is horrible that you can't wear an American flag to school without something like this happening," he said, referring to the flurry of activities during the school's lunch hour. "We have people fighting for our country and dying every day, but we can't wear an American flag at a public school?"
A.J. said he was proud of the patriotism displayed by his classmates.
School officials said they will now interpret that clause of the dress code -- which was written at the beginning of this school year -- differently.
Defiance when asked to remove an article of clothing is an automatic 3- to 5-day suspension, according to the dress code.
Australia proposing to filter Internet access
Original Article
Australians will be unable to opt-out of the government's pending Internet content filtering scheme, and will instead be placed on a watered-down blacklist, experts say.
Under the government's $125.8 million Plan for Cyber-Safety, users can switch between two blacklists which block content inappropriate for children, and a separate list which blocks illegal material.
Pundits say consumers have been lulled into believing the opt-out proviso would remove content filtering altogether.
The government will iron-out policy and implementation of the Internet content filtering software following an upcoming trial of the technology, according to the Department of Broadband, Communications and the Digital Economy.
A spokesman for Communications Minister Stephen Conroy said the filters will be mandatory for all Australians.
“Labor’s plan for cyber-safety will require ISPs to offer a clean feed Internet service to all homes, schools and public Internet points accessible by children,” Marshall said.
“The upcoming field pilot of ISP filtering technology will look at various aspects of filtering, including effectiveness, ease of circumvention, the impact on internet access speeds and cost.”
Internet Service Providers (ISPs) contacted by Computerworld say blanket content filtering will cripple Internet speeds because the technology is not up to scratch.
Online libertarians claim the blacklists could be expanded to censor material such as euthanasia, drugs and protest.
Internode network engineer Mark Newton said many users falsely believe the opt-out proviso will remove content filtering.
“Users can opt-out of the 'additional material' blacklist (referred to in a department press release, which is a list of things unsuitable for children, but there is no opt-out for 'illegal content'”, Newton said.
“That is the way the testing was formulated, the way the upcoming live trials will run, and the way the policy is framed; to believe otherwise is to believe that a government department would go to the lengths of declaring that some kind of Internet content is illegal, then allow an opt-out.
“Illegal is illegal and if there is infrastructure in place to block it, then it will be required to be blocked — end of story.”
Newton said advisers to Minister Conroy have told ISPs that Internet content filtering will be mandatory for all users.
The government reported it does not expected to prescribe which filtering technologies ISPs can use, and will only set blacklists of filtered content, supplied by the Australia Communications and Media Authority (ACMA).
EFA chair Dale Clapperton said in a previous article that Internet content filtering could lead to censorship of drugs, political dissident and other legal freedoms.
“Once the public has allowed the system to be established, it is much easier to block other material,” Clapperton said.
According to preliminary trials, the best Internet content filters would incorrectly block about 10,000 Web pages from one million.
Australians will be unable to opt-out of the government's pending Internet content filtering scheme, and will instead be placed on a watered-down blacklist, experts say.
Under the government's $125.8 million Plan for Cyber-Safety, users can switch between two blacklists which block content inappropriate for children, and a separate list which blocks illegal material.
Pundits say consumers have been lulled into believing the opt-out proviso would remove content filtering altogether.
The government will iron-out policy and implementation of the Internet content filtering software following an upcoming trial of the technology, according to the Department of Broadband, Communications and the Digital Economy.
A spokesman for Communications Minister Stephen Conroy said the filters will be mandatory for all Australians.
“Labor’s plan for cyber-safety will require ISPs to offer a clean feed Internet service to all homes, schools and public Internet points accessible by children,” Marshall said.
“The upcoming field pilot of ISP filtering technology will look at various aspects of filtering, including effectiveness, ease of circumvention, the impact on internet access speeds and cost.”
Internet Service Providers (ISPs) contacted by Computerworld say blanket content filtering will cripple Internet speeds because the technology is not up to scratch.
Online libertarians claim the blacklists could be expanded to censor material such as euthanasia, drugs and protest.
Internode network engineer Mark Newton said many users falsely believe the opt-out proviso will remove content filtering.
“Users can opt-out of the 'additional material' blacklist (referred to in a department press release, which is a list of things unsuitable for children, but there is no opt-out for 'illegal content'”, Newton said.
“That is the way the testing was formulated, the way the upcoming live trials will run, and the way the policy is framed; to believe otherwise is to believe that a government department would go to the lengths of declaring that some kind of Internet content is illegal, then allow an opt-out.
“Illegal is illegal and if there is infrastructure in place to block it, then it will be required to be blocked — end of story.”
Newton said advisers to Minister Conroy have told ISPs that Internet content filtering will be mandatory for all users.
The government reported it does not expected to prescribe which filtering technologies ISPs can use, and will only set blacklists of filtered content, supplied by the Australia Communications and Media Authority (ACMA).
EFA chair Dale Clapperton said in a previous article that Internet content filtering could lead to censorship of drugs, political dissident and other legal freedoms.
“Once the public has allowed the system to be established, it is much easier to block other material,” Clapperton said.
According to preliminary trials, the best Internet content filters would incorrectly block about 10,000 Web pages from one million.
Top 10 Worst Politicians...
Sure, just about every member of the House (except Ron Paul) and the entire Senate could make this list, but it's easier to pick on just a few of them.
Click Here for the list
Click Here for the list
Friday, October 17, 2008
Banks not pumping cash back to consumers
Yahoo.com
Banks Admit Bailout Won't Work
So much for that story. A few days ago, when Hank Paulson called the heads of the nine families to Washington and shoved cash down their throats, he announced that the banks would use this new taxpayer cash to lend. They won't, of course. They'll hoard it like a starving family who has just been given a grocery cart full of food.
And after a few days of silence, even the banks are finally admitting that. So it's back to the drawing board for Paulson & Co.
Next steps? Find a way to force the banks to write their assets down to nuclear winter levels, so 1) private investors don't have to worry about getting sandbagged and therefore invest more in the banks, and 2) the banks know they won't be forced to take more multi-billion dollar losses. Only then will the banks begin to lend again. And at that point, the only challenge will be finding people and companies to lend to, in an economy headed straight into the tank.)
NYT: , John Thain, the chief executive of Merrill Lynch, said on Thursday that banks were unlikely to act swiftly. Executives at other banks privately expressed a similar view.
“We will have the opportunity to redeploy that,” Mr. Thain said of the new capital on a telephone call with analysts. “But at least for the next quarter, it’s just going to be a cushion."...
“I don’t think that the market wants to see that capital being put to work to leverage the business up again,” said Roger Freeman, an analyst at Barclays Capital, which acquired parts of the now-bankrupt Lehman Brothers last month. “My expectation is it’s quarters off, not months off, before you see that capital being put to work.”...
Jamie Dimon, the chairman and chief executive of JPMorgan, said his bank was in a stronger position to use the money than some of its competitors.
“It’s clear that the government would like us to use the capital,” Mr. Dimon said on a conference call with analysts on Wednesday. “If you are a bank that is filling a hole, you obviously can’t do that.”
Who is "a bank that is filling a hole"? Seven of the nine that just got taxpayer money.
Banks Admit Bailout Won't Work
So much for that story. A few days ago, when Hank Paulson called the heads of the nine families to Washington and shoved cash down their throats, he announced that the banks would use this new taxpayer cash to lend. They won't, of course. They'll hoard it like a starving family who has just been given a grocery cart full of food.
And after a few days of silence, even the banks are finally admitting that. So it's back to the drawing board for Paulson & Co.
Next steps? Find a way to force the banks to write their assets down to nuclear winter levels, so 1) private investors don't have to worry about getting sandbagged and therefore invest more in the banks, and 2) the banks know they won't be forced to take more multi-billion dollar losses. Only then will the banks begin to lend again. And at that point, the only challenge will be finding people and companies to lend to, in an economy headed straight into the tank.)
NYT: , John Thain, the chief executive of Merrill Lynch, said on Thursday that banks were unlikely to act swiftly. Executives at other banks privately expressed a similar view.
“We will have the opportunity to redeploy that,” Mr. Thain said of the new capital on a telephone call with analysts. “But at least for the next quarter, it’s just going to be a cushion."...
“I don’t think that the market wants to see that capital being put to work to leverage the business up again,” said Roger Freeman, an analyst at Barclays Capital, which acquired parts of the now-bankrupt Lehman Brothers last month. “My expectation is it’s quarters off, not months off, before you see that capital being put to work.”...
Jamie Dimon, the chairman and chief executive of JPMorgan, said his bank was in a stronger position to use the money than some of its competitors.
“It’s clear that the government would like us to use the capital,” Mr. Dimon said on a conference call with analysts on Wednesday. “If you are a bank that is filling a hole, you obviously can’t do that.”
Who is "a bank that is filling a hole"? Seven of the nine that just got taxpayer money.
Wednesday, October 15, 2008
The Hidden Truth of the Bailout
October 1, 2008
Bailout Bill Doesn't Need to Waive Federal Acquisition Law
Bailout Bill Could Create Billions in Abuses by Waving Federal Contracting Laws
Petaluma, Calif. - The following is a statement by American Small Business League President Lloyd Chapman:
In its present form, the bailout bill will give Bush Administration officials broad power to waive any provision of the Federal Acquisition Regulation (FAR) they choose for an indefinite period of time.
Section 107 of the bill could be a recipe for disaster at a time when the national economy has plummeted as the direct result of a blatant lack of proper government oversight. It would be foolhardy and irresponsible for Congress to grant the very individuals that are directly responsible for one of the worst economic disasters in United States history even more power to ignore federal procurement law for as long as they deem necessary.
The multitude of problems that could arise by allowing government officials to ignore even the most foundational principals of the FAR could be catastrophic. Staggering abuses in federal contracting are a common occurrence. Many of the nation's largest defense contractors are regularly found to be defrauding the federal government out of hundreds of millions and even billions in taxpayer dollars.
Waving provisions of the FAR could result in billions of dollars in fraud and abuse at multiple levels of government. Government officials cannot be trusted with the power to waive any federal procurement law they deem unnecessary.
Treasury Secretary Henry Paulson was the Chairman and Chief Executive Officer of Goldman Sacks before he came to Washington and he will no doubt be back on Wall Street in an equally if not more powerful position in 90 days. Of all the Bush Administration officials that deserve their fair share of responsibility for our nation's financial disaster, Treasury Secretary Paulson's name should be close to the top of the list.
Treasury Secretary Paulson should not be trusted to waive provisions of the FAR, which could be beneficial to his past and future employers on Wall Street and detrimental to the primary goal of the bailout bill, which is to bolster the national economy. More fraud, abuse and loopholes for Wall Street and government officials will not make our nation's financial institutions more sound, create more jobs or help middle class Americans pay their bills.
-###-
Contact:
Christopher Gunn
Communications Director
American Small Business League
cgunn@asbl.com
(707) 789-9575
Bailout Bill Doesn't Need to Waive Federal Acquisition Law
Bailout Bill Could Create Billions in Abuses by Waving Federal Contracting Laws
Petaluma, Calif. - The following is a statement by American Small Business League President Lloyd Chapman:
In its present form, the bailout bill will give Bush Administration officials broad power to waive any provision of the Federal Acquisition Regulation (FAR) they choose for an indefinite period of time.
Section 107 of the bill could be a recipe for disaster at a time when the national economy has plummeted as the direct result of a blatant lack of proper government oversight. It would be foolhardy and irresponsible for Congress to grant the very individuals that are directly responsible for one of the worst economic disasters in United States history even more power to ignore federal procurement law for as long as they deem necessary.
The multitude of problems that could arise by allowing government officials to ignore even the most foundational principals of the FAR could be catastrophic. Staggering abuses in federal contracting are a common occurrence. Many of the nation's largest defense contractors are regularly found to be defrauding the federal government out of hundreds of millions and even billions in taxpayer dollars.
Waving provisions of the FAR could result in billions of dollars in fraud and abuse at multiple levels of government. Government officials cannot be trusted with the power to waive any federal procurement law they deem unnecessary.
Treasury Secretary Henry Paulson was the Chairman and Chief Executive Officer of Goldman Sacks before he came to Washington and he will no doubt be back on Wall Street in an equally if not more powerful position in 90 days. Of all the Bush Administration officials that deserve their fair share of responsibility for our nation's financial disaster, Treasury Secretary Paulson's name should be close to the top of the list.
Treasury Secretary Paulson should not be trusted to waive provisions of the FAR, which could be beneficial to his past and future employers on Wall Street and detrimental to the primary goal of the bailout bill, which is to bolster the national economy. More fraud, abuse and loopholes for Wall Street and government officials will not make our nation's financial institutions more sound, create more jobs or help middle class Americans pay their bills.
-###-
Contact:
Christopher Gunn
Communications Director
American Small Business League
cgunn@asbl.com
(707) 789-9575
Tuesday, October 14, 2008
Sunday, October 12, 2008
My message to Rep. Dennis Moore
I wrote Mr. Moore to help pull HR 2755 out of the finance committee and to the floor for debate. Here is the text of that message
-------------------------------------------------
Mr. Moore,
I have read the text of the bill (HR 2755) written to abolish the Federal Reserve, and I am in full support of the pending bill. It is absolutely absurd that we should answer to the bankers that will do nothing but enslave us for the power and greed that they desire. We as human beings do not deserve this. We as Americans should be sick to our stomachs knowing that we will work till our death and leave our children and grandchildren saddled with a bankrupt country. Andrew Jackson succeeded with the removal of the Central Bank system during his presidency and allowed us to be debt free for a time. Since the Federal Reserve's inception, our debt has skyrocketed to 10 trillion dollars. TEN TRILLION dollars? How are the American people supposed to sleep at night knowing that our lives will be controlled by a small group of madmen with $ signs in their eyes? This bill has been sitting for nearly 16 months without movement. Mr. Paul, your fellow House member, has drafted an essential bill that no single person wants to debate. I implore you to work with Mr. Paul to move this bill to a debate and pass this bill.
----------------------------------------------------
I urge you to write as well
-------------------------------------------------
Mr. Moore,
I have read the text of the bill (HR 2755) written to abolish the Federal Reserve, and I am in full support of the pending bill. It is absolutely absurd that we should answer to the bankers that will do nothing but enslave us for the power and greed that they desire. We as human beings do not deserve this. We as Americans should be sick to our stomachs knowing that we will work till our death and leave our children and grandchildren saddled with a bankrupt country. Andrew Jackson succeeded with the removal of the Central Bank system during his presidency and allowed us to be debt free for a time. Since the Federal Reserve's inception, our debt has skyrocketed to 10 trillion dollars. TEN TRILLION dollars? How are the American people supposed to sleep at night knowing that our lives will be controlled by a small group of madmen with $ signs in their eyes? This bill has been sitting for nearly 16 months without movement. Mr. Paul, your fellow House member, has drafted an essential bill that no single person wants to debate. I implore you to work with Mr. Paul to move this bill to a debate and pass this bill.
----------------------------------------------------
I urge you to write as well
Saturday, October 11, 2008
New Links
Okay, so I've posted a few vids, some news articles and some self-serving rants on here. I know I need to brighten the place up a bit and perhaps hang a picture up or even paint the walls. So, I added some links to the right. These links are some of the most important sites of our time. Please bookmark the links you see and read them. Share with your friends and start a grassroots effort to spread the word. Spread the dream that some of us share.
Friday, October 10, 2008
Inflationary Holocaust has emerged
Infowars
Paul Joseph Watson
Prison Planet
Friday, October 10, 2008
Legendary investor Jim Rogers warned during a CNBC interview this morning that global central banks are creating the environment for an inflationary holocaust by their ceaseless overprinting of currency, a measure that isn’t even successful in stabilizing the stock market.
Rogers said that the only solution to the market crisis was to let failing banks and speculators go bankrupt and stop pumping endless amounts of liquidity into the system, labeling it outrageous that responsible investors and taxpayers are being made to bail out crooks on Wall Street.
“The way to solve this problem is to let people go bankrupt,” Rogers stressed, “All of this pumping money into the system is not going to save it - see what the market is saying, it’s saying we don’t buy that, let people go bankrupt,” he added.
“Then you will hit bottom and then you start over. The people who are sound will take over the assets from the people who aren’t sound and we will start over. This is the way the world has worked for a few thousand years,” said Rogers.
Rogers warned that the reliance on governments printing money would not aid a recovery and would only lead to the problem becoming worse in the future.
“We’re setting the stage for when we come out of this of a massive inflation holocaust,” he said.
Rogers said that excesses of credit and people becoming over-leveraged meant that they would now have to take some pain.
“Never before in world history were people able to buy houses with no money down, many people bought four or five houses with no money down and no job and then they did it with cars and student loans and credit card loans, you just think we say well that’s too bad we’re gonna start over nobody loses his job….be realistic,” said Rogers.
Rogers said that the G7 leaders, who are meeting this weekend, should “go down to the bar, have a beer and leave the rest of us alone, let the people who are sound succeed and let the other people fail.”
“What I’m afraid of is they’re gonna keep doing what they’ve been doing - which the market hates, you can see the market hates it - because this is going to unleash rampant inflation around the world, rampant confusion in the currency markets and you’re gonna have currencies gyrating all over the world,” said Rogers, repeating that the central bankers were unleashing an “inflationary holocaust”.
A CNBC expert then expressed his confusion at Rogers’ argument that overprinting of currency caused hyper inflation, seemingly displaying less grasp of basic economic cause and effect principles than a 5-year-old would.
Rogers again made the point, “When you print gigantic amounts of money and you flood the world with money, throughout history that has led to inflation.”
Paul Joseph Watson
Prison Planet
Friday, October 10, 2008
Legendary investor Jim Rogers warned during a CNBC interview this morning that global central banks are creating the environment for an inflationary holocaust by their ceaseless overprinting of currency, a measure that isn’t even successful in stabilizing the stock market.
Rogers said that the only solution to the market crisis was to let failing banks and speculators go bankrupt and stop pumping endless amounts of liquidity into the system, labeling it outrageous that responsible investors and taxpayers are being made to bail out crooks on Wall Street.
“The way to solve this problem is to let people go bankrupt,” Rogers stressed, “All of this pumping money into the system is not going to save it - see what the market is saying, it’s saying we don’t buy that, let people go bankrupt,” he added.
“Then you will hit bottom and then you start over. The people who are sound will take over the assets from the people who aren’t sound and we will start over. This is the way the world has worked for a few thousand years,” said Rogers.
Rogers warned that the reliance on governments printing money would not aid a recovery and would only lead to the problem becoming worse in the future.
“We’re setting the stage for when we come out of this of a massive inflation holocaust,” he said.
Rogers said that excesses of credit and people becoming over-leveraged meant that they would now have to take some pain.
“Never before in world history were people able to buy houses with no money down, many people bought four or five houses with no money down and no job and then they did it with cars and student loans and credit card loans, you just think we say well that’s too bad we’re gonna start over nobody loses his job….be realistic,” said Rogers.
Rogers said that the G7 leaders, who are meeting this weekend, should “go down to the bar, have a beer and leave the rest of us alone, let the people who are sound succeed and let the other people fail.”
“What I’m afraid of is they’re gonna keep doing what they’ve been doing - which the market hates, you can see the market hates it - because this is going to unleash rampant inflation around the world, rampant confusion in the currency markets and you’re gonna have currencies gyrating all over the world,” said Rogers, repeating that the central bankers were unleashing an “inflationary holocaust”.
A CNBC expert then expressed his confusion at Rogers’ argument that overprinting of currency caused hyper inflation, seemingly displaying less grasp of basic economic cause and effect principles than a 5-year-old would.
Rogers again made the point, “When you print gigantic amounts of money and you flood the world with money, throughout history that has led to inflation.”
Labels:
economy,
federal reserve,
Financial Bailout
Thursday, October 9, 2008
Zeitgeist: Addendum
I can't believe I forgot to put this up as soon as it came out. As I post this, I am watching for the first time. Enjoy!
Sunday, October 5, 2008
Bill to Abolish the Federal Reserve
As some of you know, the Federal Reserve Bank is the Banking Elite's way to make money off of our money. They charge interest on every dollar printed in this country, and bring up our National Debt. Congressman Ron Paul(R)- Texas has introduced legislation to repeal the Federal Reserve Act of 1913. It has been over a year since it was brought up and has been stuck in committees without going to vote.
See the bill here.
Here is the text:
HR 2755 IH
110th CONGRESS
1st Session
H. R. 2755
To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
June 15, 2007
Mr. PAUL introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Federal Reserve Board Abolition Act'.
SEC. 2. FEDERAL RESERVE BOARD ABOLISHED.
(a) In General- Effective at the end of the 1-year period beginning on the date of the enactment of this Act, the Board of Governors of the Federal Reserve System and each Federal reserve bank are hereby abolished.
(b) Repeal of Federal Reserve Act- Effective at the end of the 1-year period beginning on the date of the enactment of this Act, the Federal Reserve Act is hereby repealed.
(c) Disposition of Affairs-
(1) MANAGEMENT DURING DISSOLUTION PERIOD- During the 1-year period referred to in subsection (a), the Chairman of the Board of Governors of the Federal Reserve System--
(A) shall, for the sole purpose of winding up the affairs of the Board of Governors of the Federal Reserve System and the Federal reserve banks--
(i) manage the employees of the Board and each such bank and provide for the payment of compensation and benefits of any such employee which accrue before the position of such employee is abolished; and
(ii) manage the assets and liabilities of the Board and each such bank until such assets and liabilities are liquidated or assumed by the Secretary of the Treasury in accordance with this subsection; and
(B) may take such other action as may be necessary, subject to the approval of the Secretary of the Treasury, to wind up the affairs of the Board and the Federal reserve banks.
(2) LIQUIDATION OF ASSETS-
(A) IN GENERAL- The Director of the Office of Management and Budget shall liquidate all assets of the Board and the Federal reserve banks in an orderly manner so as to achieve as expeditious a liquidation as may be practical while maximizing the return to the Treasury.
(B) TRANSFER TO TREASURY- After satisfying all claims against the Board and any Federal reserve bank which are accepted by the Director of the Office of Management and Budget and redeeming the stock of such banks, the net proceeds of the liquidation under subparagraph (A) shall be transferred to the Secretary of the Treasury and deposited in the General Fund of the Treasury.
(3) ASSUMPTION OF LIABILITIES- All outstanding liabilities of the Board of Governors of the Federal Reserve System and the Federal reserve banks at the time such entities are abolished, including any liability for retirement and other benefits for former officers and employees of the Board or any such bank in accordance with employee retirement and benefit programs of the Board and any such bank, shall become the liability of the Secretary of the Treasury and shall be paid from amounts deposited in the general fund pursuant to paragraph (2) which are hereby appropriated for such purpose until all such liabilities are satisfied.
(d) Report- At the end of the 18-month period beginning on the date of the enactment of this Act, the Secretary of the Treasury and the Director of the Office of Management and Budget shall submit a joint report to the Congress containing a detailed description of the actions taken to implement this Act and any actions or issues relating to such implementation that remain uncompleted or unresolved as of the date of the report.
See the bill here.
Here is the text:
HR 2755 IH
110th CONGRESS
1st Session
H. R. 2755
To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
June 15, 2007
Mr. PAUL introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Federal Reserve Board Abolition Act'.
SEC. 2. FEDERAL RESERVE BOARD ABOLISHED.
(a) In General- Effective at the end of the 1-year period beginning on the date of the enactment of this Act, the Board of Governors of the Federal Reserve System and each Federal reserve bank are hereby abolished.
(b) Repeal of Federal Reserve Act- Effective at the end of the 1-year period beginning on the date of the enactment of this Act, the Federal Reserve Act is hereby repealed.
(c) Disposition of Affairs-
(1) MANAGEMENT DURING DISSOLUTION PERIOD- During the 1-year period referred to in subsection (a), the Chairman of the Board of Governors of the Federal Reserve System--
(A) shall, for the sole purpose of winding up the affairs of the Board of Governors of the Federal Reserve System and the Federal reserve banks--
(i) manage the employees of the Board and each such bank and provide for the payment of compensation and benefits of any such employee which accrue before the position of such employee is abolished; and
(ii) manage the assets and liabilities of the Board and each such bank until such assets and liabilities are liquidated or assumed by the Secretary of the Treasury in accordance with this subsection; and
(B) may take such other action as may be necessary, subject to the approval of the Secretary of the Treasury, to wind up the affairs of the Board and the Federal reserve banks.
(2) LIQUIDATION OF ASSETS-
(A) IN GENERAL- The Director of the Office of Management and Budget shall liquidate all assets of the Board and the Federal reserve banks in an orderly manner so as to achieve as expeditious a liquidation as may be practical while maximizing the return to the Treasury.
(B) TRANSFER TO TREASURY- After satisfying all claims against the Board and any Federal reserve bank which are accepted by the Director of the Office of Management and Budget and redeeming the stock of such banks, the net proceeds of the liquidation under subparagraph (A) shall be transferred to the Secretary of the Treasury and deposited in the General Fund of the Treasury.
(3) ASSUMPTION OF LIABILITIES- All outstanding liabilities of the Board of Governors of the Federal Reserve System and the Federal reserve banks at the time such entities are abolished, including any liability for retirement and other benefits for former officers and employees of the Board or any such bank in accordance with employee retirement and benefit programs of the Board and any such bank, shall become the liability of the Secretary of the Treasury and shall be paid from amounts deposited in the general fund pursuant to paragraph (2) which are hereby appropriated for such purpose until all such liabilities are satisfied.
(d) Report- At the end of the 18-month period beginning on the date of the enactment of this Act, the Secretary of the Treasury and the Director of the Office of Management and Budget shall submit a joint report to the Congress containing a detailed description of the actions taken to implement this Act and any actions or issues relating to such implementation that remain uncompleted or unresolved as of the date of the report.
Saturday, October 4, 2008
Wait, did he say Martial Law would be declared?
So, if the bill didn't pass, there was talk of Martial Law being declared? Why would we have martial law if a FINANCIAL bill didn't pass?
Tuesday, September 30, 2008
Karl Marx's Manifesto is coming true....
National Post
Marx’s Proposal Number Five seems to be the leading motivation for those backing the Wall Street bailout
By Martin Masse
In his Communist Manifesto, published in 1848, Karl Marx proposed 10 measures to be implemented after the proletariat takes power, with the aim of centralizing all instruments of production in the hands of the state. Proposal Number Five was to bring about the “centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly.”
If he were to rise from the dead today, Marx might be delighted to discover that most economists and financial commentators, including many who claim to favour the free market, agree with him.
Indeed, analysts at the Heritage and Cato Institute, and commentators in The Wall Street Journal and on this very page, have made declarations in favour of the massive “injection of liquidities” engineered by central banks in recent months, the government takeover of giant financial institutions, as well as the still stalled US$700-billion bailout package.Some of the same voices were calling for similar interventions following the burst of the dot-com bubble in 2001.
“Whatever happened to the modern followers of my free-market opponents?” Marx would likely wonder.
At first glance, anyone who understands economics can see that there is something wrong with this picture. The taxes that will need to be levied to finance this package may keep some firms alive, but they will siphon off capital, kill jobs and make businesses less productive elsewhere. Increasing the money supply is no different. It is an invisible tax that redistributes resources to debtors and those who made unwise investments.
So why throw this sound free-market analysis overboard as soon as there is some downturn in the markets?
The rationale for intervening always seems to centre on the fear of reliving the Great Depression. If we let too many institutions fail because of insolvency, we are being told, there is a risk of a general collapse of financial markets, with the subsequent drying up of credit and the catastrophic effects this would have on all sectors of production. This opinion, shared by Ben Bernanke, Henry Paulson and most of the right-wing political and financial establishments, is based on Milton Friedman’s thesis that the Fed aggravated the Depression by not pumping enough money into the financial system following the market crash of 1929.
It sounds libertarian enough. The misguided policies of the Fed, a government creature, and bad government regulation are held responsible for the crisis. The need to respond to this emergency and keep markets running overrides concerns about taxing and inflating the money supply. This is supposed to contrast with the left-wing Keynesian approach, whose solutions are strangely very similar despite a different view of the causes.
But there is another approach that doesn’t compromise with free-market principles and coherently explains why we constantly get into these bubble situations followed by a crash. It is centered on Marx’s Proposal Number Five: government control of capital.
For decades, Austrian School economists have warned against the dire consequences of having a central banking system based on fiat money, money that is not grounded on any commodity like gold and can easily be manipulated. In addition to its obvious disadvantages (price inflation, debasement of the currency, etc.), easy credit and artificially low interest rates send wrong signals to investors and exacerbate business cycles.
Not only is the central bank constantly creating money out of thin air, but the fractional reserve system allows financial institutions to increase credit many times over. When money creation is sustained, a financial bubble begins to feed on itself, higher prices allowing the owners of inflated titles to spend and borrow more, leading to more credit creation and to even higher prices.
As prices get distorted, malinvestments, or investments that should not have been made under normal market conditions, accumulate. Despite this, financial institutions have an incentive to join this frenzy of irresponsible lending, or else they will lose market shares to competitors. With “liquidities” in overabundance, more and more risky decisions are made to increase yields and leveraging reaches dangerous levels.
During that manic phase, everybody seems to believe that the boom will go on. Only the Austrians warn that it cannot last forever, as Friedrich Hayek and Ludwig von Mises did before the 1929 crash, and as their followers have done for the past several years.
Now, what should be done when that pyramidal scheme starts crashing to the floor, because of a series of cascading failures or concern from the central bank that inflation is getting out of control? It’s obvious that credit will shrink, because everyone will want to get out of risky businesses, to call back loans and to put their money in safe places. Malinvestments have to be liquidated; prices have to come down to realistic levels; and resources stuck in unproductive uses have to be freed and moved to sectors that have real demand. Only then will capital again become available for productive investments.
Friedmanites, who have no conception of malinvestments and never raise any issue with the boom, also cannot understand why it inevitably leads to a crash.
They only see the drying up of credit and blame the Fed for not injecting massive enough amounts of liquidities to prevent it.
But central banks and governments cannot transform unprofitable investments into profitable ones. They cannot force institutions to increase lending when they are so exposed. This is why calls for throwing more money at the problem are so totally misguided. Injections of liquidities started more than a year ago and have had no effect in preventing the situation from getting worse. Such measures can only delay the market correction and turn what should be a quick recession into a prolonged one.
Friedman — who, contrary to popular perception, was not a foe of monetary inflation, but simply wanted to keep it under better control in normal circumstances — was wrong about the Fed not intervening during the Depression. It tried repeatedly to inflate but credit still went down for various reasons. This is a key difference in interpretation between the Austrian and Chicago schools.
As Friedrich Hayek wrote in 1932, “Instead of furthering the inevitable liquidation of the maladjustments brought about by the boom during the last three years, all conceivable means have been used to prevent that readjustment from taking place; and one of these means, which has been repeatedly tried though without success, from the earliest to the most recent stages of depression, has been this deliberate policy of credit expansion. ... To combat the depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about ...”
The confusion of Chicago school economics on monetary issues is so profound as to lead its adherents today to support the largest government grab of private capital in world history. By adding their voices to those on the left, these confused free-marketeers are not helping to “save capitalism”, but contributing to its destruction.
Marx’s Proposal Number Five seems to be the leading motivation for those backing the Wall Street bailout
By Martin Masse
In his Communist Manifesto, published in 1848, Karl Marx proposed 10 measures to be implemented after the proletariat takes power, with the aim of centralizing all instruments of production in the hands of the state. Proposal Number Five was to bring about the “centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly.”
If he were to rise from the dead today, Marx might be delighted to discover that most economists and financial commentators, including many who claim to favour the free market, agree with him.
Indeed, analysts at the Heritage and Cato Institute, and commentators in The Wall Street Journal and on this very page, have made declarations in favour of the massive “injection of liquidities” engineered by central banks in recent months, the government takeover of giant financial institutions, as well as the still stalled US$700-billion bailout package.Some of the same voices were calling for similar interventions following the burst of the dot-com bubble in 2001.
“Whatever happened to the modern followers of my free-market opponents?” Marx would likely wonder.
At first glance, anyone who understands economics can see that there is something wrong with this picture. The taxes that will need to be levied to finance this package may keep some firms alive, but they will siphon off capital, kill jobs and make businesses less productive elsewhere. Increasing the money supply is no different. It is an invisible tax that redistributes resources to debtors and those who made unwise investments.
So why throw this sound free-market analysis overboard as soon as there is some downturn in the markets?
The rationale for intervening always seems to centre on the fear of reliving the Great Depression. If we let too many institutions fail because of insolvency, we are being told, there is a risk of a general collapse of financial markets, with the subsequent drying up of credit and the catastrophic effects this would have on all sectors of production. This opinion, shared by Ben Bernanke, Henry Paulson and most of the right-wing political and financial establishments, is based on Milton Friedman’s thesis that the Fed aggravated the Depression by not pumping enough money into the financial system following the market crash of 1929.
It sounds libertarian enough. The misguided policies of the Fed, a government creature, and bad government regulation are held responsible for the crisis. The need to respond to this emergency and keep markets running overrides concerns about taxing and inflating the money supply. This is supposed to contrast with the left-wing Keynesian approach, whose solutions are strangely very similar despite a different view of the causes.
But there is another approach that doesn’t compromise with free-market principles and coherently explains why we constantly get into these bubble situations followed by a crash. It is centered on Marx’s Proposal Number Five: government control of capital.
For decades, Austrian School economists have warned against the dire consequences of having a central banking system based on fiat money, money that is not grounded on any commodity like gold and can easily be manipulated. In addition to its obvious disadvantages (price inflation, debasement of the currency, etc.), easy credit and artificially low interest rates send wrong signals to investors and exacerbate business cycles.
Not only is the central bank constantly creating money out of thin air, but the fractional reserve system allows financial institutions to increase credit many times over. When money creation is sustained, a financial bubble begins to feed on itself, higher prices allowing the owners of inflated titles to spend and borrow more, leading to more credit creation and to even higher prices.
As prices get distorted, malinvestments, or investments that should not have been made under normal market conditions, accumulate. Despite this, financial institutions have an incentive to join this frenzy of irresponsible lending, or else they will lose market shares to competitors. With “liquidities” in overabundance, more and more risky decisions are made to increase yields and leveraging reaches dangerous levels.
During that manic phase, everybody seems to believe that the boom will go on. Only the Austrians warn that it cannot last forever, as Friedrich Hayek and Ludwig von Mises did before the 1929 crash, and as their followers have done for the past several years.
Now, what should be done when that pyramidal scheme starts crashing to the floor, because of a series of cascading failures or concern from the central bank that inflation is getting out of control? It’s obvious that credit will shrink, because everyone will want to get out of risky businesses, to call back loans and to put their money in safe places. Malinvestments have to be liquidated; prices have to come down to realistic levels; and resources stuck in unproductive uses have to be freed and moved to sectors that have real demand. Only then will capital again become available for productive investments.
Friedmanites, who have no conception of malinvestments and never raise any issue with the boom, also cannot understand why it inevitably leads to a crash.
They only see the drying up of credit and blame the Fed for not injecting massive enough amounts of liquidities to prevent it.
But central banks and governments cannot transform unprofitable investments into profitable ones. They cannot force institutions to increase lending when they are so exposed. This is why calls for throwing more money at the problem are so totally misguided. Injections of liquidities started more than a year ago and have had no effect in preventing the situation from getting worse. Such measures can only delay the market correction and turn what should be a quick recession into a prolonged one.
Friedman — who, contrary to popular perception, was not a foe of monetary inflation, but simply wanted to keep it under better control in normal circumstances — was wrong about the Fed not intervening during the Depression. It tried repeatedly to inflate but credit still went down for various reasons. This is a key difference in interpretation between the Austrian and Chicago schools.
As Friedrich Hayek wrote in 1932, “Instead of furthering the inevitable liquidation of the maladjustments brought about by the boom during the last three years, all conceivable means have been used to prevent that readjustment from taking place; and one of these means, which has been repeatedly tried though without success, from the earliest to the most recent stages of depression, has been this deliberate policy of credit expansion. ... To combat the depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about ...”
The confusion of Chicago school economics on monetary issues is so profound as to lead its adherents today to support the largest government grab of private capital in world history. By adding their voices to those on the left, these confused free-marketeers are not helping to “save capitalism”, but contributing to its destruction.
Saturday, September 27, 2008
Wednesday, September 17, 2008
Thursday, September 4, 2008
Tuesday, September 2, 2008
New Movie out Today!
I watched this movie and I am absolutely ecstatic that it is out. Very well-written, produced and laid out. There are details I have not heard before that are now coming out through this film. Alex Jones produced the film, so you know it's gonna be a good one.
Fabled Enemies
Fabled Enemies
Sunday, August 17, 2008
How much is your media keeping from you?
Do you believe the media is being truthful to you and telling you what you need to hear or what they want you to hear? Can you find the bullshit through the mass media exaggerations and disinformation? When was the last time you turned on your local news and saw a story that wasn't somebody getting murdered, raped or kidnapped? Think about it. Are you blind to the facts? Are you trusting of your media to report the truth? Start looking for alternative news sources to give you information that you can rely on.
InfoWars
PrisonPlanet
InfoWars
PrisonPlanet
Excellent Video on Terrorism, Political Corruption, etc
Anyone with an internet connection, 1/3 of a brain and some common sense has heard of Alex Jones. Well, here is one of his latest videos to ponder.
Endgame: Blueprint for Global Enslavement
Endgame: Blueprint for Global Enslavement
Wednesday, May 14, 2008
Monday, May 5, 2008
Who gets to Decide your fate?
I was reading CNN.com tonight, and read an article that disturbed me greatly. It immediately made me think of the SmallPox blog I wrote some months ago, and where this country is headed.
So, read this link and see what you think. Oh, basically, your fate is decided for you. I hope you are rich, in decent health and not poor or elderly because the Almighty Dollar will ensure your passage to health.
Read the article here
So, read this link and see what you think. Oh, basically, your fate is decided for you. I hope you are rich, in decent health and not poor or elderly because the Almighty Dollar will ensure your passage to health.
Read the article here
Wednesday, February 20, 2008
Smallpox and you
Okay, so what does smallpox have to do with you? EVERYTHING! Conformity will make sure of that. Under the threat of a biological attack, smallpox is a "threat" under this terror farce. I know, you think I am as silly as a football bat, but I'm not exactly out of my mind. I might be a little hyped on Mountain Dew, but that is about it. Smallpox threats are a systematic way to make you conform just a little more so you will fall into line when the hammer falls. The hammer is the push for a one-world government. I had read stories and watched a few movies about the use of smallpox as a way to make us follow the path chosen for us, but I didn't quite understand it all. You see, under the Patriot Act, citizens are no longer allowed choice when it comes to "protecting the homeland" and liberties are stripped without your knowledge. If you choose not to accept this vaccination as required by your government, you can be detained indefinitely for non-compliance. We will cover the PA more in-depth later, but for now I will try to cover only smallpox.
First, what is smallpox? Wikipedia has a good article regarding this disease as well as sympoms, etc. Which can be found here.
So, why am I writing this? I believe it is starting. The wheels to get us all inoculated. I was listening to the radio on the way to get lunch on Monday, and I heard an ad for a "clinical research study" regarding smallpox. The focus of the ad was on homosexual males with or without smallpox to test its side-effects on HIV patients. Here is what astounded me: the smallpox vaccine currently out has a mortality rate of about 72,000 Americans if everyone was vaccinated. Look it up. There are numbers to support it. Why would we be offered something with a staggering rate of death?
First, what is smallpox? Wikipedia has a good article regarding this disease as well as sympoms, etc. Which can be found here.
So, why am I writing this? I believe it is starting. The wheels to get us all inoculated. I was listening to the radio on the way to get lunch on Monday, and I heard an ad for a "clinical research study" regarding smallpox. The focus of the ad was on homosexual males with or without smallpox to test its side-effects on HIV patients. Here is what astounded me: the smallpox vaccine currently out has a mortality rate of about 72,000 Americans if everyone was vaccinated. Look it up. There are numbers to support it. Why would we be offered something with a staggering rate of death?
First Post, Random Babbling
About 7 months ago, I started looking into something that seemed very odd to me: The destruction of the Twin Towers. My curiosity began when I saw the movie, ZeitGeist, and it sent my mind on a whirlwind adventure that I still have not found the brakes for. That movie was an absolute eye-opener for me. I started looking further into the details of the videos and was shocked to find one thing in common: The 9/11 report was the real conspiracy and the so-called conspiracy was actually more truth than the Government was willing to offer up.
Somewhere in this great Land of ours, is the truth. It will rear its head, expose the people responsible and save our Nation and World from the path it is taking. Not a destined path, not a path chosen by our free will, but one of force. We will become slaves to it, and we will suffer immensely. Forced Starvation will be put upon the people of this world. More "terror" attacks will blindside us into being so scared that we will refuse to leave our homes. We will allow revision after revision of the Patriot Act to engulf us and remove every liberty we have guaranteed by our Constitution. Don't believe? GOOD! Research it. Find the truth. Watch ZeitGeist, google "9/11 Conspiracy Videos" or just click the link. I did the work for you.
Somewhere in this great Land of ours, is the truth. It will rear its head, expose the people responsible and save our Nation and World from the path it is taking. Not a destined path, not a path chosen by our free will, but one of force. We will become slaves to it, and we will suffer immensely. Forced Starvation will be put upon the people of this world. More "terror" attacks will blindside us into being so scared that we will refuse to leave our homes. We will allow revision after revision of the Patriot Act to engulf us and remove every liberty we have guaranteed by our Constitution. Don't believe? GOOD! Research it. Find the truth. Watch ZeitGeist, google "9/11 Conspiracy Videos" or just click the link. I did the work for you.
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