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Now hear this. There will be no unwinding. There will be endless amounts of loaves and fishes so sayeth the Lord. Thats the way the owners want it. And lo behold the quote from Ramses II , "So let it be written, So let it be done". Now be off with you Bill Buckler and let the Lord Bernanke work in his mysterious ways
Speaking of fishes, isn't that who Luca Brasi sleeps with?
I've seen who Silvio Berlusconi sleeps with...
And they ain't no fishes...
Old saying: 'the fish stinks from the head down'. This fish is really stinkin' and although the bankster think they are on top of the world, the world is starting to let them know that isn't the case. In the longer term the U.S. citizens may be in a better position than the banksters. The U.S. citizens may go to an alternative economy and stop paying these folks taxes and fighting their wars. God Bless America and these banksters ain't America they are the tools of the international european elite that is due for another big fall.
how do we arrive on the eve of collapse?
it all begins when 'you can only pay your temple tax with a special coin'. government creates the mechanism for control. The creation of centralized government's 'legal tender' opposes competing currencies, including gold and silver, and provides the opportunity for counterfeiting. Only strict laws with capital penalties against counterfeiting curtails any treason against honest production from hard-working people.
However, it is when counterfeiting becomes legal and institutionalized that this manmade system truly begins to favor the existing rich at the expense of the existing poor. the temple siphones wealth upwards at the expense of liberty. This process creates an everburdened working peasantry while simultaneously fueling gluttoneous consumption at the top.
fractional reserve counterfeiting is best maximized with existence of fiat (faith-based paper) money. The digital age makes it as easy as pressing a keyboard, and the printing takes on the speed of light. The fraud expands exponentially across international borders allowing for incredible leverage for the existing rich against the existing poor who have no such ability to counterfeit. they must run faster or starve. bankers must do less and less to control more and more resources. they can enact environmental laws that favor themselves and restrict upward mobility.
imagine, if you lend money out directly (buy a bond), the money leaves your hands and goes into the hands of the borrower, who can then either pay this money back to you with interest or lose this money (or some combination of the two).
if you deposit money in a bank, the bank can lend this money out while simultaneously keeping this money in your account. After which, the borrower of this newly created money can then either pay this money back to the bank with interest or lose this money (or some combination of the two), in which case the taxpayer bails out the bank.
in essence, there are two sets of rules. one for bankers, and one for everyone else.
of course, you do not have to imagine this as it takes place each moment that you are either awake or asleep.
"modern democracy" is a scam, and so is the 'Welfare State' which allows the wholesale raiding of central government coffers with the promises of carrots on sticks which actually result in no carrots and all stick for the gullible masses who trade their freedom for lies of cradle to grave security.
break this treasonous international banking cartel before we arrive at marshall law and are being marched off to death camps whilst our farmlands and factories are nationalized by oligarchial fascists who will not give up the government force they both monopolize and use as a weapon of terror against those who wish to 'follow the law'.
Good post. We already have marshall law at the airports, and the conditioning escalates...
"Please, Mr. TSA official, we'd like to Opt Out of the cancer-causing X-ray body scan... instead of taking nude photos of me and my children, feel free to humiliate and molest us with your newly enhanced pat-down proceedure"
Germany: How to Protest Airport Body Scanshttp://www.youtube.com/watch?v=rZSEf_4F3jk
classic. of course, we would get form-tackled, beaten, and charged with felony intent to start a riot if we were to attempt this harmless protest in America. We live in a mindless police state of brown-shirt-jack-booted thugs terrorizing us on behalf of the international banking cartel and their lapdog politicians.
This scam is best explained by historian John Kenneth Galbraith, who states, "In numerous years following the war, the Federal Government ran a heavy surplus. It could not however pay off its debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply."
the private Federal Reserve Bank prints $1,000 in Federal Reserve Notes ($USD) to be circulated as currency amongst business people and offered to the US Government/IRS as the only 'legal tender' for tax payments.
In order to bring this money into circulation, the Treasury must create a $1,000 bond (which pays interest). As a result, The Fed earns an interest rate as long as there is a money supply circulating. The larger the money supply, the more interest they earn and the less your existing savings is worth.
Those who are first in line to borrow this newly printed money can spend it at today's prices in competition with everyone else. Those who are last in line to receive borrowed money, or those who do not borrow money, will always pay the highest prices for goods and services which have adjusted upward for an increase in the money supply.
importantly, the money supply begins as a loan and expands further through the lending process because 'fractional reserve lending' (counterfeiting) within the banking system is legal. Assume 'reserve requirements' are set at 10%. In this scenario, when an individual deposits 10 FRNs/$USDs, a bank can lend out 9 FRNs/$USDs to another individual while simultaneously still showing the original 10 FRNs/$USDs in the depositors bank account. When the borrowed 9 FRNs/$USDs are deposited in a new bank, this bank can then lend approximately 8 FRNs/$USDs to another individual while simultaneously still showing the original 9 FRNs/$USDs in the first borrowers bank account. In essence, 27 FRNs/$USDs now exist from the original 10 FRNs/$USDs loaned out from The Fed. If the lending bank holds all three bank accounts, then interest is earned on the 17 FRNs/$USDs of the total 27 FRNs/$USDs now showing on deposit. As long as the interest earned and principal returned amounts to 10 FRNs/$USDs then the original deposit can be returned in full (with modest interest). Of course, if the original deposit is withdrawn, then it simply gets redeposited into another private bank in the system and the process begins all over again.
There is also a borrowing market between competing banks in order to manage cash withdrawals. The Fed always stands ready as the 'lender of last resort' to any bank in the system. In fact, many banks currently borrow directly from The Fed in order to buy US Treasury Bonds, which is to say that they lend the money back to the US taxpayer in return for interest. Good work if you can find it.
Finally, if all loans go busts as a result of poor lending practices, then all deposits are ultimately insured by us, the taxpayer (FDIC 'insurance'). Depositors incur no costs for gaining deposit interest payments, and bankers can walk free with no civil liability (or criminal).
Clearly, this is a system designed by bankers to serve bankers. Individual bankers have an advantage over individual men outside of banking. The system favors the existing rich (bankers) at the expense of the existing poor who cannot operate with these advantages.
Of course, this would be impossible if any of this were attempted with 10 ounces of gold, because the same gold cannot be in multiple places at once. Further, if any gold is loaned out poorly, then the gold will be partially or entirely lost forever. In this way, the risk is shared by the depositor and the individual banker who they have hired to find borrowers. In this way, bankers would need to compete on a level playing field with everyone else who lends via the bond market or directly to a friend or acquaintance.
as it is, our system punishes savers and investors, and rewards existing wealthy bankers and excessive risk-taker alike. prices never come down, consumption is always artificially high and driven by the most aggressive borrowers.
Much like the former USSR, our system is unsustainable. Big Government "Solutions" are a broken window fallacy. "Progressive" Democrats and Republicans have further accelerated our demise by undermining State and local government rights and individual liberties in order to concentrate evermore power within both our Wealth Redistribution Complex (Washington D.C.) and our Wall Street Industrial Complex (New York City) which have evolved into vehicles for white collar crime in virtually every facet of their parasitical existence.
The key culprits are centralized money planning, fractional reserve counterfeiting, and faith-based paper money. It is our debt-based monetary system which allows for illegal leverage via fractional reserve counterfeiting that gives the international banking cartel and their cronies significant power and influence over our lives. because we compete against these newly printed Federal Reserve Notes with our existing FRNs that we have earned through providing valuable goods/services, we are subjected to a system which favors the existing rich, hurts the existing poor, and creates strong headwinds to upward mobility in our economy.
if FRNs were not the only 'legal tender', then they could not be counterfeited. you would only need to deal with other honest business people at your own risk, and so would other individuals. in other words, nobody would have an unfair advantage.
The Welfare State, for example, cannot exist without keynesian money printing within a debt-based monetary system. keynesian money printing is dependent upon infinite amounts of loans expanding exponentially. obviously, this is not sustainable. this is a sick, twisted system of fraud, with the promise of "free lunches" all around and a "chicken in every pot". Obviously, these promises are on the eve of being broken and leading us ever-closer to economic collapse by the moment.
a rule of law protecting your property from other monkeys is paramount. 'more government regulation' is not. this is sleight of hand misdirection that only results in making your life more difficult and never results in solutions. namely, end the private federal reserve gosbank, outlaw fractional reserve lending, and open up regional economies to competing asset-backed currencies including gold and silver.
bigger centralized governments are not the solution. they simply succeed in creating large public coffers to be raided by corporate and labor cronies and their lapdog politicians. starve the beast and place our government workers in soup lines immediately so we can go back to being sovereign men and women who are responsible only for not imposing upon the liberty of our neighbors and other global inhabitants.
Further, if Trillions of $USDs were not tied up in U.S. Treasury Bonds supporting the Welfare State, this capital would be in the private sector because it would have no other place to go. The Dow Jones Industrial Average would be at 100,000 and everyone would have a helicopter in their back yard. Hurricane Katrina victims, for example, would not need to rely on central planners who currently have a monopoly on both "force" and incompetence. The abundance of wealth would increase the generousity of fellow Americans to unseen levels, and dwarf financial outpourings towards Haiti's hurricane victims and Bali's tsunami victims by comparison.
instead, we are paying ever-expanding interest payments on nearly $15 Trillion with approximately $160 Trillion in unfunded liabilities to the further enrichment of The Federal Reserve and extended members of the International Banking Cartel.
I long for the day when these traitors and foreign enemies hang from the gallows for all of the emotional and physical pain and suffering, divorces, suicides, murders, assassinations, and wars that they have caused in pursuit of their own interests at the expense of decentralization, peaceful free trade, and individual liberty.
Thank you, Chopper Read. for your powerful, heartfelt and cogent presentation.
You so skillfully weave your truth with universal truth that the resulting tapestry of thought is
a delicious treat for the mind.
Wonderful work made necessary by the time we are passing through.
Excellent summary. It doesn't matter how many times I read how this con operates, it continues to blow my mind.
agreed. it blows my mind, too.
KTV Escort: "Please, Mr. TSA official, we'd like to Opt Out of the cancer-causing X-ray body scan..."
When Are People Going to Realize?In a system of corporate owned governance... If you don't like the way the government operates... you have to kick the corporations in the balls.
If the Amerikan public vocally boycotts the airlines... and tells the airlines fuck you and your body scanners or we are not flying... corporations would scream at Congress to knock this crap off.
Those scanners would go down in a hurry. Cut off corporate revenue. Don't buy their shit.
You Amerikans Enjoy Being Sodomized and HumiliatedBut oh know. You just have to fly to NY by tomorrow. You just could not take the train or say fuck it and drive. You buy into the myth you have to fly.
Amerikans just want to take the abuse so they have something else to whine about.
Until you wake up and tell the airlines to fuck off... you will keep taking your shit sandwich, eat it and like it.
Sam Spade to Joel Cairo: "When you're slapped, you'll take it and like it."
I don't want to hear any more bitching about body scanner until you quit flying and do something about it...
That's the one where Joel Cairo's hair is made extra curly like Timmy Geithner's and Sam Spade is the real Market.
It won't change, Until you do.
I have not boarded a commercial aircraft since the ludicrous 'searches' at airports began.
Now I drive or use whatever alternative transportation is available.
I understand that those with time constraints cannot do this, but there are lots of people that can and should.
Maybe Portugal blinks first and bails out of the Euro?
While everyones focus is fixed on Ireland, Portugal's Foreign Affairs Minister slips this out.
"Luís Amado NAM argues that the parties have to realize that the alternative to an understanding is the possibility of being confronted with a scenario leaving the Euro."
While it may be portugal, spain is the next big one to fall.
Is that before or after California?
No, before California, and just before Ireland.
There is no after California. The IP right on the surface is better than Gold was in 1849.
I cannot tell whether or not this is a joke:
- Credit Card
- Gold or Silver Bullion
I've seen a few of these around. Only an idiot would pay in gold, getting paid in gold is genius.
Only an idiot would pay in gold
Only an idiot would pay in gold
...ah, do you see the problem with "returning to the gold standard" that you hear as an option from all the morons out there?
Please do go on.
Not the OP, so I'll use a famous quote instead
"Because only I can show you the way into Mordor ever since your uncle Bilbo tricked me out of the precious."
In the JRR Tolkien series of books there are these things called "Rings of Power". In our modern world power is exercised with money. In the books, once somebody gets a ring of power they generally will never give it up. One character gets tricked out of it by the name of golem. Once he looses it he spends the rest of his life trying to get it back, including the faustian deal which brings both his and rings demise. (by leading the protagonist into "mordor")
I feel a gold standard would do the same to most common people and thought the metaphor would apply. Sorry if is a bad comparison. I am not a gold bug, but I am not anti-gold.
Futures contracts can be settled in metal. What's the diff?
Bill Buckler makes another home run with this issue of The Privateer. As a subscriber, I wait impatiently for each fortnightly issue.
I like his use of historical context. He seems like an intelligent writer with sharp analysis to me...
You'd be surprized to see the actual discounts and haircuts for various presents of Gold during a very tricky learning curve. Coca-Cola fares better in trade when distrubution is down from source.
The wonks in D.C. and on Wall Street have no idea how intelligent and savvy the average schmuck can become.
Black markets exist in every society and civilization, and nothing can stop them.
You could train any dope of medium intelligence to test precious metals for content and validity.
Databases are oh so very subject to power failures and degaussing magnets.
Poof! Trillions Gone in 60 Seconds.
eb, sometimes the scale of the crime is so large that you have to take "airliners" and fly them into buildings full of such records and pesky record keepers.
Not sure how many are aware of Cantor's role in the denuding of the USSR and what records were destroyed there on 9/11. And building seven.
The rest was collateral damage.
I have been meaning to bring up Paypal in a comment for sometime.
A semi self contained independent banking system shared with G.E. capital (and we all know how good G.E. is at creative bookkeeping). Digital points is yet another new money system backed by the full force and credit of the FED not Congress.
go eBay! no wonder California didn't want the former CEO.
I think the modern financial system you are referring to has already collapsed.
I mean 300 years of property law have pretty much disintegrated. Some of the largest institutions on Wall Street have sublimated. The US can no longer borrow it's way to prosperity, instead we must now print our way to prosperity. Several Soverign nations have gone bankrupt. Gold is at 1,400 an ounce. States can't even fund their unemployment benefits.
I'm sure I must have left out quite a bit. The only remaining relic of the "financial system" would be the dollar...everything else is gone.
Yuuuup. And as slow as it may *seem* its taking for the dollar to die, when we look at this time period I believe everyone will say 'wow, i cant believe the dollar collapsed in under a decade!'
As the money power quibble amongst themselves, the natives grow more restless and angry.
Eloquently articulate as usual. Thanks for your valued input.
As I recall '79 "we didn't begin by having to launch an all out rescue of Wall Street." Our Federal Government as a net debtor? Then "where'd the 700 billion come from"? What an extraordinary combination of both "will" and "absolute power." I will forever be trying to "divine the purpose" of "the rescue" which of course is ongoing through "ZIRP" and "QE" and "Fannie" and "Fred" and who knows what else. Of course "New York isn't like New Orleans" so "there will be no carnivale to celebrate this rather striking turn of events." Damn Yankees. Can't even throw a good party. "They will take you down to your last cuff link" however. So, indeed..."we have the pesky problem of the trillion or so." Hmmm. I'm still trying to figure out anyone can "run on this platform." Deficits be damned indeed! I think I've said this before but "never has so much been owed by so many of us to so few!" I mean "don't the recipients of this ACTUAL FRIGGIN' MONEY wake up and ask--is this legal?" In any case "don't talk to me about the Polar Bear...don't talk to me about the Ozone Layer. Ain't much of anything these days...even the air! They're runnin out of Rhino's well what do I care? Well LET'S HERE IT FOR THE DOLPHINS, let's HERE IT FOR THE TREES, ain't runnin' out of nothin in my deep freeze...it's a casual invitation...we aim to pleeeeesssssseee
I wish I had the last 10 seconds of my life back.
You must be a speed reader. The syntax ran my total up to 90 seconds....
The grammar took mine to 120.
i is a jelly donut.
You must have read this;
Right now few have learned the new fractal/fragmented language articulation coming out of the public schools here in California. So give the brotha a break.
Not to mention the new new math, which is "consensual." Apparently, one no longer learns that 2+2=4; it can be 2+2=5, or other iterations, ad infinitum, at least in the public schools. This is hardly a surprise, given the general, and growing, illiteracy and innumeracy of the bulk of the population. Apparently it's been implemented since 1995 or so.
While this idiotic misuse of tax revenue is often linked to the NWO types, I suspect that Bernie Madoff, Enron, etc., had at least as much to do with this paradigm, which is endorsed by all the major teacher unions. It serves them equally well: engender a docile slave population too uneducated, illiterate, and innumerate to ever engender an original thought, never mind an objection to what they were told to do. The best illustration of this recently was on Friday's ZH--the bloated Mona Lisa, the robosigner.
But that was then, this is now.
France loves the gold.
>>>John Connally, Treasury secretary under president Richard Nixon, had told foreign finance ministers that "the dollar was America's currency, but your problem". To solve the problem, France redeemed its dollar holdings in gold in early August 1971 by sending a French battleship to New York to take delivery of French gold from the vault of the New York Federal Reserve Bank and to bring it to the vault of the Banque de France in Paris. The French raised gold reserves and dumped dollars. Banque de France eventually increased its gold holding to 92% of its reserves. <<<
There is nothing new under the sun.
One of their payment methods is iGolder which describes itself as...
* Hahahahah.. this is the one I love, which links you to the Disney website :-)
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