This page has been archived and commenting is disabled.

The Story Of Inequality In The US: Past, Present And Future

Tyler Durden's picture




 

In this far-reaching documentary, we are first treated to a history lesson from the early 80s to the present day - a story of lust, debt, and largesse; from Reagan deficits to cell phones to day trading to real estate... and then 2008 is explained (as reality started to peek through). The clip projects the next few years - from failed bond auctions to QE9 and social unrest - "but it doesn't have to be this way," the narrator notes. Breaking Inequality is a documentary film about the corruption between Washington and Wall Street that has resulted in the largest inequality gap in the history of America.

It is a film that exposes the truth behind the single event that occurred back in the early 70's that set us off on this perilous journey that we are currently on. The inequality gap is presently the worst that it has ever been and there is no solution in place to repair this crippling problem.

No country in the history of the world has ever remained a super power without a middle class and the road we are currently traveling doesn't include this all-important segment of the population. The old saying "As goes the middle class... so goes the nation" holds true even more today than ever.

We live in a world where governments can create as much money as they want in order to fund all kinds of wasteful projects, wars, handouts, and banker bailouts. The current system by design has transferred the wealth from average everyday Americans to an elite few who care not about the majority.

We have to change our destiny or the middle class will cease to exist in the United States of America.

Breaking Inequality exposes the truth behind the root of the problem and it provides a solution to help end it - starting at around 17:00

Spend 28 of your hard-earned minutes to understand how we got here, why any future predicated on the past is untenable, and what the solution could be...


 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 05/06/2013 - 22:39 | 3536470 stinkhammer
stinkhammer's picture

"All I need are some tasty waves, a cool buzz, an' I'm fine."

Mon, 05/06/2013 - 23:00 | 3536509 AlaricBalth
AlaricBalth's picture

That stinkhammer's been stoned since third grade.

Tue, 05/07/2013 - 01:33 | 3536716 BigDuke6
BigDuke6's picture

On topic

has slewie the pi-rat been seen lately?

 

Tue, 05/07/2013 - 05:20 | 3536810 James_Cole
James_Cole's picture

Very nicely done doc, disagree on the gold standard but good stuff. 

The increase in fed debt laid over historical events was great. 

Tue, 05/07/2013 - 05:55 | 3536822 francis_sawyer
francis_sawyer's picture

"The current system by design has transferred the wealth from average everyday Americans to an elite few who care not about the majority."

~~~

This sentence pretty much repeats the same thing that francis_sawyer drumbeats about all the time [except I'm not so nice as to call them 'elite' ~ I just think they're a bunch of paranoid conniving thieves who have avarice as part of their DNA]... But never forget people... It's bad people like ME that are the problem for exposing this reality [so be sure to shoot the messenger]... If you resolve yourselves to fall in line and not breathe a word about anything, the problem is sure to go away...

Tue, 05/07/2013 - 06:26 | 3536848 Urban Redneck
Urban Redneck's picture

The problem is that over the same time period, the average everyday American has become a useless eater in search of a free lunch.

A gold standard is responsible money.  However, responsible is not a word I would use to describe the average American, where the blame game has become the national past time.   

Tue, 05/07/2013 - 07:47 | 3536957 duo
duo's picture

The '80's was when the Great Society started to enter it's second generation, e.g., the children borne without any finanical responsibility by their parents started having children of their own.  This has become an exponential function and has done as much to skew the bottom half of the curve as the financiers have done to the upper 1%.

Tue, 05/07/2013 - 11:57 | 3537719 Gazooks
Gazooks's picture

responsibility for national impoverishment was coverd in the vid, Red

 

now blame its unemployed over-indebted victims again 

 

average Americans are duped by both parties

 

corpster funded fraudsters, all

 

gold standard resumes only after next series of global revolutions and wars

 

watch and learn in Sept

Tue, 05/07/2013 - 12:43 | 3537864 Urban Redneck
Urban Redneck's picture

The problem is that those wars must in the aggregate eliminate those who consume more than they produce.  

Imagine the town or city you live had aggregate wealth of 1000oz of gold.  You can print up scrip to divide up and pass around the 1000 ounces however you want, until the first person wants to get in car that runs on gasoline, of flip on a light switch powered by gas, coal, or nuclear power plant, or even buy something to eat from a farm outside of town.  Now some of your 1000oz leaves that town or city, you can keep passing around the (now less than) 1000oz as long as you want, but in the aggregate everyone is poorer.  The gold standard only works, or even protects wealth, if the gold supply remains relatively constant or increases over time.  

Tue, 05/07/2013 - 06:18 | 3536839 Henry Hub
Henry Hub's picture

***has slewie the pi-rat been seen lately?***

My guess is that Slewie has been incarcerated.

Tue, 05/07/2013 - 06:22 | 3536843 Ghordius
Ghordius's picture

I hope not

Tue, 05/07/2013 - 06:23 | 3536846 Bearwagon
Tue, 05/07/2013 - 00:52 | 3536687 Burt Gummer
Burt Gummer's picture

Fuckin' great documentary, thank you for posting this Tyler's.

 

http://www.youtube.com/watch?v=deuC8GPr31A

Tue, 05/07/2013 - 06:58 | 3536877 max2205
max2205's picture

Maybe add a line for avg govt workers inc/retirement.  There fixed it

Tue, 05/07/2013 - 05:11 | 3536805 lordbyroniv
lordbyroniv's picture

It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair…

Tue, 05/07/2013 - 19:38 | 3539200 Buck Johnson
Buck Johnson's picture

Amazing, but we are really going to feel it and that is for sure.

Mon, 05/06/2013 - 22:45 | 3536478 Yen Cross
Mon, 05/06/2013 - 22:58 | 3536503 Seasmoke
Seasmoke's picture

So I can't tell from the chart. Did the 1% hit the million mark. I really hope they did. Would suck to be so close.

Mon, 05/06/2013 - 23:03 | 3536514 Croesus
Croesus's picture

I started drooling @ 18:29.......all that yummy gold.....

Mon, 05/06/2013 - 23:40 | 3536577 Terminus C
Terminus C's picture

You can't eat gold...

Tue, 05/07/2013 - 00:16 | 3536629 JimS
JimS's picture

...... and your point is................. you can eat paper?

Tue, 05/07/2013 - 00:42 | 3536675 Parrotile
Parrotile's picture

The problem with ZH overreliance on PMs is that if you ever NEED to trade your PMs for a service or item / asset you NEED, you will also need to trade either with someone who is willing to accept your PM as "payment", or via an intermediary.

What happens if no-one wants your PMs (at a "value-point" that is acceptable to you)? What happens if in some dystopian (but not unlikely) future the "most favoured asset class" turns out to be useful skills (and not those involving excellence in transferring "money" from place to place whilst skimming your "rightful reward" along the way)?

Putting all one's eggs in the one basket does not make for sensible investment strategy, no matter how you spin it.

Tue, 05/07/2013 - 02:54 | 3536744 Gumbum
Gumbum's picture

And why would owning a bit of gold take anything away from your skillset?

Tue, 05/07/2013 - 05:11 | 3536806 Parrotile
Parrotile's picture

There is a manifest difference between some, and over-reliance. The constant meme on ZH seems to be "Gold, Guns 'n' Ammo".

There are other stores of value, you know!

Tue, 05/07/2013 - 06:57 | 3536875 francis_sawyer
francis_sawyer's picture

Parrotile ~ stop being a doofus...

~~~

Sure there are other stores of value... Expensive cars, furs, classic artwork & antiques, fine wines, etc... But the Gold, Guns, Ammo [add food, booze, & medical supplies to that] meme is for 'ordinary folk'... Let me take a wild guess & assume you're NOT in the category that's going to diversify your wealth by buying Lambo's & Picasso's...

The giveaway?... You're talking 'SKILLSET'... If you're rich, you most likely either have no skill set, [because all you've ever done in your life is pay people who have skill sets to do things]... Or ~ if I'm incorrect about that, then might I suggest that your fastest 'learning curve' will be to start turning tricks...

Tue, 05/07/2013 - 07:37 | 3536931 exi1ed0ne
exi1ed0ne's picture

Go to a farmers market and offer to trade a silver round for food.  Do it now before the poxyclipse, and $30 is a small investment for a bit of fun.  I guarentee you'll be suprised at the results.

Unfortunately there are very few unencumbered assets left to invest in, and those are dwindling by the hour.  Gold and silver for savings preservation and barter, but that will only last as long as your supply.  It is a stop-gap.  Just as valuable are tools and books for knowledge preservation, canned food/garden for family preservation, guns to keep it all relatively secure.  Honestly, most of what is considered "prepping" today was just common sense even 50 years ago. 

Tue, 05/07/2013 - 04:29 | 3536783 LaurentDeLyon
LaurentDeLyon's picture

no, you can't eat paper, too logic! great knock out !

Tue, 05/07/2013 - 07:10 | 3536889 Diogenes
Diogenes's picture

"...... and your point is................. you can eat paper?"

You can't eat paper but you can wipe your ass with it.

Tue, 05/07/2013 - 08:11 | 3537007 Croesus
Croesus's picture

If people saw me in action, they'd stop saying that.

Mon, 05/06/2013 - 23:05 | 3536518 reader2010
reader2010's picture

Study shows even monkeys demand equality.

 

http://youtu.be/meiU6TxysCg

Tue, 05/07/2013 - 06:32 | 3536852 Urban Redneck
Urban Redneck's picture

Only a monkey would demand equality in the first place.

Now swallow your blue pill with a red pill paint job, like a good monkey.

Tue, 05/07/2013 - 06:51 | 3536864 Ghordius
Ghordius's picture

aren't we all a species of monkeys (I know, I know, Darwin is not everyone's hero here)?

personally, I do demand equality. in front of the law, for example. knowing as a fact that having the dough for the right shyster makes all the difference between being imprisoned or getting free is not the kind of environment that I like

not that I think this equality has ever been reached, but it's not the worst ideal to aspire to, imho

having said that, wealth equality (what this article is about) is probably the silliest to ask for and perhaps the most unachievable of all goals, so I fundamentally agree with you

Tue, 05/07/2013 - 06:54 | 3536871 Bearwagon
Bearwagon's picture

Wouldn't equality before the law be a fairly good start?

Tue, 05/07/2013 - 20:09 | 3537920 Hacked Economy
Hacked Economy's picture

I'll go one further...how about justice?  Instead of today's Courts of Law, we return to yesteryear's Courts of Justice?  The text of many laws allows a District Attorney to prosecute you for just about anything, because there are so many laws and so many traps.  But are the majority of convictions just and fair?  I learned from my attorney (and this was collaborated by others I spoke with in the court system) that about 80% of all cases within the state of Kalifornia never go to trial because they end in plea bargains.  The liberalcrats in Sacramento make a ton of unnecessary feel-good laws to make themselves look good for the news cameras, the police arrest everyone for their "violation" of those laws, the plea bargains are struck because the defendants are "legally" caught between a rock and a hard place, and the DA sees them as easy opportunities to earn some more gold stars next to his/her name for the next November election.  The end result is an over-clogged jail system full of many people who never would have seen the inside of a jail cell 50 years ago.  Our original system of justice has been traded for textual law.  The typical 12-person jury - as a representation of the defendants' peers - no longer has its former ability to reach a decision "justly".  Even they are told by the judge to blindly follow the text of the laws.

Tue, 05/07/2013 - 07:10 | 3536891 booboo
booboo's picture

it just ain't fair that some apes missed the evolving train, it's not fair. DAMN YOU DARWIN, YOU FILTHY MAN APE!!

Tue, 05/07/2013 - 07:32 | 3536925 shovelhead
shovelhead's picture

I don't care much about financial equality because marketable skills have various prices.

I just want them to turn off the vacuum.

Tue, 05/07/2013 - 09:18 | 3537199 Urban Redneck
Urban Redneck's picture

I was thinking about "equality before the law" when I wrote that, but came to conclusion that is a specific case, and it is meaningless without first establishing Rule of Law, as equality, by definition, is a fiction in the environment of the Rule of Men.  

Mon, 05/06/2013 - 23:17 | 3536527 newengland
newengland's picture

The exceptionalism of the Republic of the USA which is much lauded and much hated by the masters of the old world and the new world order in the making focuses on this:

'No country in the history of the world has ever remained a super power without a middle class and the road we are currently traveling doesn't include this all-important segment of the population. The old saying "As goes the middle class... so goes the nation" holds true even more today than ever.'

This is fact, and this is why the old money masters buying CONgress are determined to make the USA its new feudalist pawn in the great game of globalism.

End the Fed. End Monarchy. End the Vatican. All 3 haters.

Defend the Constitution, the Declaration of Independence, the original Bill of Rights.

These gifts are for the citizens of the USA, not foreigners who must prove their worth and await their turn to be admitted as citizens - and be deported immediately upon infringing our laws or offending our customs.

Israel is a foreign country, and dual passport holders who pledge their allegiance to Israel or any other foreign nation are NOT worthy of the gifts due to a loyal American.

Mon, 05/06/2013 - 23:32 | 3536561 Harlequin001
Harlequin001's picture

'These gifts are for the citizens of the USA, not foreigners who must prove their worth and await their turn to be admitted as citizens'

What a load of bollocks. You're all squatting foreigners unless you are native Indian. What are you going to do now, fuck off and give it back to them? Didn't think so.

Perhaps we should amend your statement to read 'and be deported immediately upon infringing our laws or offending our customs that we have already forceably imposed on others.'

Mon, 05/06/2013 - 23:35 | 3536563 newengland
newengland's picture

Silly person. By your flawed thinking, everyone would be in no man's land. Native Americans fought each other, and whitey was just another battle...lost.

See Africa and the Middle East for an exemplar of your flawed thinking; tribalism is most hateful, and certainly nothing to be admired.

Tue, 05/07/2013 - 00:02 | 3536606 NoControl
NoControl's picture

It's been said, and I believe it to be true, that really only those who come from abroad can treasure the remaining rights Americans now take for granted.

Those who have lived under authoritarian regimes, dictators and one party "republics" - and have come to the US seeking a better life - would be the first to see those half-forgotten evils encroaching here.

They see what is happening while the majority of your fellow Americans are in a trance;  stupefied with puppet shows and force-fed illusions.

Too bad you see them as the enemy.

Taking yer jerbs.

Tue, 05/07/2013 - 00:09 | 3536612 newengland
newengland's picture

U.S. citizens are friends abiding by laws and respecting each others customs in theory and often in practice,  in my opinion. Foreigners pledge allegiance to foreign powers. Foreigners can be trade partners, and tourists;a different sort of respect applies; self-determination is a good thing. Equal, but different. Each to their own in their own country.

Tue, 05/07/2013 - 00:28 | 3536651 Harlequin001
Harlequin001's picture

'U.S. citizens are friends abiding by laws and respecting each others customs in theory and often in practice,  in my opinion.'

The naivety is staggering, and the bullshit somewhat overpowering...

Tue, 05/07/2013 - 00:44 | 3536680 Parrotile
Parrotile's picture

If "EBT Forevah"" ever runs out, we'll soon see just how "friendly" the "Free Shit Army" are.

I suspect the veneer of civilisation will wear very thin, very quickly . . . . .

Tue, 05/07/2013 - 06:56 | 3536874 AnAnonymous
AnAnonymous's picture

By your flawed thinking, everyone would be in no man's land. Native Americans fought each other, and whitey was just another battle...lost.
_____________________

Then the current battle is just another battle lost.

But hey, 'americans' are 'american'. When the cream turned up to themselves, it must taste different.

Tue, 05/07/2013 - 07:39 | 3536935 shovelhead
shovelhead's picture

Indians are just unhappy Chinese citizenism on original 'Long March'.

Tue, 05/07/2013 - 04:18 | 3536777 faroffthunder
faroffthunder's picture

"On this land, I am torn. Part of me wants to fight and repel all outsiders. The other part of me is the outsider."

Tue, 05/07/2013 - 03:15 | 3536750 Ghordius
Ghordius's picture

probably the silliest comment in this silliest of articles. where to start... ah, "No country in history..." seriously? swallowing bait, hook and sinker? Without going into serious history back to the Assirian and Egyptian empires, how about a recent superpower like the Soviet Union? Where was the middle class, there?

but the first prize goes today to "End the Fed. End Monarchy. End the Vatican. All 3 haters" - thankfully you don't hate what you don't know and understand, eh?/s

the second prize goes to "the old money masters buying CONgress are determined to make the USA its new feudalist pawn in the great game of globalism"

wake up, the power of the old money masters, the old US WASP elites, the top 10'000 families, is still ebbing

sociologically and politically the US is led by a new elite, and a very broad one in comparison to earlier times, about 5-6m strong. the "upper middle class", which does not have the same paternalistic attitudes versus the lower and middle middle class as the old upper classes had

meanwhile a lot of the "exceptionalism" of the US middle classes - if you really want to make comparisons with the rest of the world - has to do with how housing has been subsidized since the 50's... by the state. without the FED, the USD as global reserve currency, Fannie, Freddie and endless laws supporting housing the history of the US middle classes would have been utterly different - and middle class housing would be 30% less worth, at least

this is only the second great wave of globalism - the first one was under the British Empire. do lern some history, newengland et al, you obviously have only a distorted view of your own and for sure you have no idea about the rest of the world

Tue, 05/07/2013 - 04:23 | 3536780 Sandmann
Sandmann's picture

Ghordius, the USSR had a Middle Class. It was the Apparatchik Class and the Jewish technocrats and KGB Officers, the Factory Managers and the Army Officers. It was Nomenkatura and those who serviced them.

If you read The Jewish Century by Yuri Slezkine you can see clear examples and how their revolt against the Party brought down the USSR when they found Israel and the USA offered ffar better prospects for their class.

Milovan Djilas wrote The New Class to describe the situation in Yugoslavia, the West's favourite Communist tyranny.

There is a clear case that the Middle Class make Revolution to topple the Rich. The USA is an Oligarchy run for the interests of select few in defined zipcodes. It has impoverished the Middle Class and pursued a Marxist obsession with destroying their values and families.

Most Western politicians today are Marxist in orientation if not in belief. They despise Middle Class values because ultimately the Oligarchs of Capitalism and the Oligarchs of Socialism want the same thing, absolute power over the population and obeisance

 

 

Tue, 05/07/2013 - 06:20 | 3536836 Ghordius
Ghordius's picture

Sandmann, you can't call them seriously a Middle Class - they had no independency from the Ruling Class, neither in financial nor in power terms. seen this way the only middle class that the USSR had was whoever cultivated an "own" plot (and fed the nation in the process)

in fact if you look more closely to why the USSR collapsed, the main reason was a lack of resolve at the top, not in the middle - though I do agree on some of Milovan Djilas's points - in the context of Yugoslavia only, though

"The USA is an Oligarchy run for the interests of select few in defined zipcodes" and how many people are in those zipcodes? there we go back to my 6m - at which point the whole concept of Oligarchy is perhaps still barely valid but runs a bit thin, imho

a typical Under/Middle/Upper Class is from a sociological point of view, a series of devides according to Pareto/Power Laws, i.e. a first devide between 80% of the pop and the 20% above them, and then again 80/20, meaning that a middle class is usually less than 20%

the US enjoyed a great "special, uncommon and unique" swelling of the "Middle Class" by the above mentioned subsidies in savings through housing more than the "Middle Class Values" you are pointing to, which don't really convince me. Doesn't the iconic freshly landed worker willing to wash dishes while dreaming of owning a house, a car and perhaps a business often show more of those values than the tenured professor of an Ivy League college? Yet he is, for all purposes, still a partecipant of a Lower Class, aspiring to reach the Middle Class in indipendent wealth, political power and status, the attributes of class devides

I know, I know, this is not the American Way of looking at it, mainly because it takes the "Exceptionalism" aura away - perhaps I should refrain from making those comments than it takes ages just to agree on the terminology... nuff said

Tue, 05/07/2013 - 07:05 | 3536881 Sandmann
Sandmann's picture

There is no Business Middle Class because Small Retailers and Manufacturers have been Collectivised. Hayek predicates much of his thesis on Small Businessmen and the main Conglomerates being the Government. The simple fact that Concentration of Economic Power turns Butchers into shop assistants, millers into factory workers, doctors into employees of Medical Corporations.

There is not much difference between the Nomenklatura in the USSR and the Employees of CBS, ABC, NBC, or IBM, HP, or USAF or Apple or Dallas County Hospital and those in the USSR. They are not INDEPENDENT in your sense but I doubt they ever have been since the Dustbowl.

The myth of Homesteaders making it big died in the Dustbowl. I know of stories of Cuban refugees making the mythical American Dream come true, but none has done it better than Jewish immigrants to the USA and that has more to do with "appartenenza" than hard work itself.

The Middle Class emerged from the English Civil War and consolidated through the Industrial Revolution essentially in the Victorian Era. They are today hirelings, but it is where the monkey hangs on the tree that matters and which branches he can swing from to shake the others off

Tue, 05/07/2013 - 07:42 | 3536937 Ghordius
Ghordius's picture

some convergence here. yes, but the employees can change their trade, can't they? they have options and possibilities, including the difference between serfs and freemen, i.e. the option of voting with their feet

imho and without malice: aren't you using your AngloAmerican "the future is megacorporation" glasses? I doubt this is a sustainable trend, and here on the Continent it's way slower to take hold, with Middle Classes seeing themselves coming down from a burgher tradition. my two cents:

Finance breeds Great Ventures, and Reserve Currency Fiat Finance breeds even Greater Ventures. This is the opposite way of organically-growing economies where the the apprentice becomes a master of a trade and proceeds to become a small entrepreneur through his own capital accumulation

I'm quite convinced that this Victorian Age 2.0 will pass, too. can't make the reasoning in a few comments, though, except through some hints on how the leading class resolve is breaking, as it did in the USSR

----

a small thing about the "appartenenza" of the Jewish immigrants: remember that they study hard. there is no better way to appease a Jewish Mother than sitting and reading a "good" book and visit the "right" university

couple that with elite universities that stopped putting a floor to how many Jews they take, started rewarding high SAT scores in the screening process and then megacorporation who give better chances to products of elite universities and you have more than just "appartenenza" to explain why so many of those 6m of the New US Elite are... People of The Book

----

as often it's both humbling and uplifting to have a discussion with you, btw

Tue, 05/07/2013 - 09:42 | 3537298 Sandmann
Sandmann's picture

Thank you for your comments !

I say appartenenza because we hear little of the Jewish Mafia only the Italian and Irish variety. We cannot explain the amazing proprtion of billionaires in Russia and in the USA simply by attention to homework and pleasing mother.

I cannot accept that only 52% US billionaires are Gentile as being solely down to homework. I really do question how some corporations like the Pritzkers have grown from a law firm.

I am simply not able to believe in fairy tales in corporate life

Tue, 05/07/2013 - 11:44 | 3537691 Ghordius
Ghordius's picture

don't get me wrong, of course belonging to the same faith - particularly if small - opens lots of doors, best seen in how tight jewish entrepreneurs from South Africa were able to work with ascending jewish Russian entrepreneurs after the fall of the Iron Curtain

but Pleasing Mother and doing homework does explain half of it - the rest is... caring for your own and always asking for your pound of flesh

the Pritzkers are of course good examples from a city known for it's wheeling and dealing

Tue, 05/07/2013 - 06:40 | 3536856 Marco
Marco's picture

The old upper class was at least honest, divine right ... the new upper class just rationalize everything such that any action which benefits them is optimal for everyone, apart from tge significant percentage of sociopaths.

Tue, 05/07/2013 - 06:46 | 3536862 Bearwagon
Bearwagon's picture

Yeah, there happens nothing new under the sun. Horkheimer and Adorno had figured it out decades ago:

Dialectic of Enlightenment

https://en.wikipedia.org/wiki/Dialectic_of_Enlightenment

Tue, 05/07/2013 - 07:00 | 3536879 AnAnonymous
AnAnonymous's picture

The old upper class was at least honest, divine right ... the new upper class just rationalize everything such that any action which benefits them is optimal for everyone, apart from tge significant percentage of sociopaths.
____________________

Old rulers in the past were not 'american'.

Today, it is an 'american' world and the servants to the WeThePeople aka the 'american' middle class must take any route likely to fulfill the wishes of their masters.

In an 'american' society, authority to govern does not come from divine right. It comes from the consent of the governed, aka the 'american' middle class.

Tue, 05/07/2013 - 09:47 | 3537197 francis_sawyer
francis_sawyer's picture

The old upper class was at least honest, divine right

~~~

This is a LIMITED scope discussion because it's only talking about the 'European Dynasties' & excluding everything else around the world... This particular 'upper class' [post fall of Rome] was, largely the families which called themselves the [non]Holy [non]Roman Empire [with the church on their side]... After centuries of, let's call it 'Hapsburg inbreeding', these dynasties began to unravel at the edges [which is about the time that the Ashkenazis made their move &, loosely stated, concocted a 'system' whereby the dumbshit spawn of these former monarchial families could retain their status whilst the moneychangers maneuvered behind the scenes... [& yes ~ for all you 'Jesuit' drummers ~ the 'Jesuits' played the church point man in this heist]...

The first big usurpation came with the French Revolution [which succeeded to remove the Bourbon's & the Catholic Church all in one swipe]... Next thing you know, apres Robespierre's head lopping campaign which also resulted in his own, Napoleon is in charge, debts start piling up, there is incessant warring, which all leads to Rothschilds getting control of the Bank of England after the battle of Waterloo... Monarchial Europe is gutted & replaced with banking power brokers [the new & INVISIBLE monarchy]...

Next up... Russia [& the Bolshevik revolution, which succeeded, in many ways, to undermine Russian culture in the same way the French Revolution reshaped France]... Set up a country of slaves & serfs to do the work... All 'centrally planned' by a super-committee of, mostly jews [who don't declare themselves 'monarchs', but act in the same way]...

Fast Forward ~ Same model is happening as we speak in the USA... All brought to you by the same people... Your future?... THE HUNGER GAMES... Panem...

Tue, 05/07/2013 - 07:13 | 3536897 Urban Redneck
Urban Redneck's picture

That's wrong.  The sentiment in nice, but that doesn't change the fact that it is incorrect.

Citizenship is not exclusive, and it has never been exclusive in the US, in fact the opposite is true.  It was not Americans who rebelled against the British, but rather New Yorkers and Virginians.

I am simultaneously both a citizen of both Virginia and the United States of America.  Just as if I decided to get a passport here, I would be citizen of both the Canton of Zurich and the Swiss Confederation.  But since the Virginia thing has worked for the fam. for about three centuries I see no reason to change it, even if the American half needs some Common Sense beaten into it to restore balance and the Rule of Law.

In the 18th century- the "Americans" were an inconsequential nobody, and required outside support of foreign powers to achieve victory.  In the War between the States, the situation was more nuanced, but foreign policy and alliances with foreign powers played just as significant a role in determining the outcome.  If it comes to blows a third time, foreign policy and alliances with foreign powers will be just as critical as in previous episodes to determining the outcome.

Incidentally, a loyal citizen of a deceased entity is generally viewed as a traitor or rebel by the victorious, extant, and legally recognized State.

Tue, 05/07/2013 - 08:37 | 3536980 Ghordius
Ghordius's picture

"If it comes to blows a third time, foreign policy and alliances with foreign powers will be just as critical as in previous episodes to determining the outcome."

as an outsider I wish you well, i.e. that you don't come to blows

Tue, 05/07/2013 - 09:08 | 3537178 Urban Redneck
Urban Redneck's picture

I hope it doesn't come to blows, but if it does, certain people will figure out in very short order that insularity is not a winning strategy.  Shortly thereafter, other people with start making contact with old friends to discuss "How do we deal with the hand of cards fate has now dealt us?"  Same as it ever was.

Two hundred years ago, only 3% of the colonial population even took a side, perhaps 1% of 1% of them understood the intricacies of what was going on behind closed doors.  The ongoing education debacle complicates matters, but even the goat herders in Bengazi figured rather quickly they needed more than Fattah Younnis' spare set of armory keys, and refined line of credit from Vitol to overthrow the Libyan regime.  However, getting into bed and taking banking advice from an MI6 guy with a satellite phone is not likely to work out well when you don't know what your doing...  

In the meantime, Switzerland is a beautiful place with at least a few mountains to insulate it from the simultaneous national and federal fascism that appears to be encroaching other corners of the continent.  But at least there tend to be more than one (or two) political parties, and lower barriers to entry for new parties in Europe (even if the seasonal flavor seems to be national fascism in some cases).  

Mon, 05/06/2013 - 23:12 | 3536534 Jim B
Jim B's picture

Sadly, it will only happen after the dollar is destroyed.... Period! 

Tue, 05/07/2013 - 00:16 | 3536634 Anusocracy
Anusocracy's picture

Inequality through violence and intimidation goes deep into our primate past in the form of the alpha-male social hierarchy.

Government is an adaptation of the alpha-male social hierarchy that uses organized force to redistribute wealth.

So the 'middle class' has been getting screwed for millions of years.

 

Tue, 05/07/2013 - 00:20 | 3536642 otto skorzeny
otto skorzeny's picture

Cops are basically open-air prison guards.

Tue, 05/07/2013 - 13:47 | 3538014 Anusocracy
Anusocracy's picture

++

People do transition nicely from daycare prisons - schools - to the open-air prison.

Tue, 05/07/2013 - 00:17 | 3536635 Anusocracy
Anusocracy's picture

copy

 

Mon, 05/06/2013 - 23:12 | 3536535 TheMonetaryRed
TheMonetaryRed's picture

 

Double-digit inflation by 2014?

I'll bet anyone any amount that it doesn't happen and I'll give 10-1.

Mon, 05/06/2013 - 23:35 | 3536564 translator zero
translator zero's picture

Dude, you lose, because you have 10% price inflation RIGHT NOW.

http://www.shadowstats.com/alternate_data/inflation-charts

Monetary inflation, and you lose worse.

 

 

Mon, 05/06/2013 - 23:50 | 3536591 TheMonetaryRed
TheMonetaryRed's picture

Horseshit.

Shadowstats and this movie are pro-bondholder (read 1 %) propaganda. Monetary inflation hurts one group more than any other - bondholders.  So why the hell do I care?

This movie - with its nonsensical non-connection between supposed inflation and inequality (bizarre, since they use inflation-adjusted figures in their own charts) convinces me that the bondholding elite are becoming more and more desperate, knowing that the very best they can hope for is monetization. I'm more conviced than ever that gold goes to $900 and QE becomes monetization with little or no inflation except of asset prices (until the bubbles burst).

At that point, gold goes to $500.

Mon, 05/06/2013 - 23:59 | 3536602 akak
akak's picture

You make utterly no sense.

Where do you get the idea that Shadowstats is somehow "pro-bondholder"?  Monetary inflation hurts EVERYONE except debtors owing fixed-rate debt (i.e., NOT credit card users, for example).

As for gold going to $500, you are simply talking out of your ass.  Yeah, like the miners are going to continue mining and producing gold for a fraction of its production costs.  Fucking idiotic bullshit like this is insulting to even have to address.

Pull your head out of your ass.

Tue, 05/07/2013 - 00:29 | 3536653 TheMonetaryRed
TheMonetaryRed's picture

No, the miners aren't going to continue producing gold for a profit. Some mines will close. Happens all the time.

 

That's longer-term, In the meantime, gold goes to $900 because the small-fry suckers (like you?) will give the large-scale traders who actually set the price (through algorithmic trading and artificial tightening of supply, as they do every traded commodity) room to get out without losing their shirts.

Tue, 05/07/2013 - 05:25 | 3536813 James_Cole
James_Cole's picture

with its nonsensical non-connection between supposed inflation and inequality (bizarre, since they use inflation-adjusted figures in their own charts) 

The doc was showing increase in money supply - not inflation - critical difference. 

Tue, 05/07/2013 - 00:35 | 3536666 Ralph Spoilsport
Ralph Spoilsport's picture

Once again, akak gets right to the crusty bits. Made me laugh.

Tue, 05/07/2013 - 03:48 | 3536764 TheFourthStooge-ing
TheFourthStooge-ing's picture

The crustiest bits are the mattering thing.

Undubiously. that's kicking in row z.

Tue, 05/07/2013 - 04:18 | 3536776 akak
akak's picture

Ralph, when one is dealing with the offuscationalizings of a parangong of monolizing the retardation means, one must seek symmetry in the mattering things and force blame to the exterior, where it belongs.  Anything less is simply kicking the algebraic coconut and blobbing-up the inability to self-indict while farming the poor and extorting the weak in a display of consumptionalisticalistic eternal nature..

Tue, 05/07/2013 - 07:49 | 3536961 shovelhead
shovelhead's picture

At last.

Some Sociology I can understand.

Tue, 05/07/2013 - 00:11 | 3536616 translator zero
translator zero's picture

Shadowstats ... propaganda.

ha - The 10% number is the feds' own method pre-1980 - less propaganda than any other number floating around.

bondholding elite ... hope for is monetization.

haha - who is talking shit? bondholders hope for monetization??

little or no inflation except of asset prices

hahaha - you need to be schooled on what inflation is

At that point, gold goes to $500.

haha haha

Loser

Tue, 05/07/2013 - 06:19 | 3536840 HoofHearted
HoofHearted's picture

Let's just add the one important thing here. Some guy named Milton Friedman once told us that "Inflation is always an everywhere a monetary phenomenon." And it's true. Inflation is the increase in money supply. Then we see higher prices on assets like houses or maybe dot com stocks. And then it "trickles down" to an increase in the cost of everyday items like food. Sure, technology will make some items cheaper, but check out the price of bananas or peanut butter. Prices are higher than they were ten years ago, even than last year. There is a children's book called _Whatever happened to penny candy_. Looks like some people around here could afford to get a children's education then come back to sit at the adults' table later.

Tue, 05/07/2013 - 06:27 | 3536850 Bearwagon
Bearwagon's picture

Rest in hell, Milton Friedman!!

Tue, 05/07/2013 - 00:07 | 3536610 Gmacks
Gmacks's picture

If you've ever done you're homework on inflation you'd know that we could have 10% by the end of this year. Inflation is like a torpedo that's already been launched. Hasn't hit us yet but it's coming. It's coming.

Tue, 05/07/2013 - 00:39 | 3536670 TheMonetaryRed
TheMonetaryRed's picture

Forget the CPI, look at the GSCI. Find a single commodity other than gold that makes your inflation case. 

Tue, 05/07/2013 - 00:50 | 3536683 Gmacks
Gmacks's picture

Are you high? How about gas being 1.75 in November 2008 to what is it now? 3.75? A loaf a bread was less than $2 and now closer to $4? My health insurance is up 100% since 2008. All the while the Feds balance sheet is off the charts like there is no tomorrow and I'm supposed to believe there is no inflation? What the fed is doing is inflation by DEFINITION: Expansion of the money supply.

For 5 years the vending machine at my work has been increasing. Chips used to be 75 cents and are now 1.10. Inflation is everywhere and it's starting to pick up.

Tue, 05/07/2013 - 00:10 | 3536613 JimS
JimS's picture

Using what measuring stick, the BLS's numbers? No chance that you lose THAT bet. The BLS can/will change the method of measuring inflation, as needed, to assure a lower CPI number. Let anyone, other than the top 1% (or the BLS), pick a basket of goods and services, needed on a daily basis, for the average family, and measure that inflation rate; I take your bet.

Tue, 05/07/2013 - 00:32 | 3536655 yogibear
yogibear's picture

Double-digit inflation by 2014?

I'll bet anyone any amount that it doesn't happen and I'll give 10-1.

-------------------------------------------

It's already happening with foods, taxes, fees  and elsewhere. Looks like you already lost the bet. It just won't be reported officially.

Don't know how much you shop for groceries. Look at the package size and quantity.

Tue, 05/07/2013 - 00:35 | 3536664 Dr. Engali
Dr. Engali's picture

When you use official government numbers you're right. We won't see double digit inflation, but the man on the street certainly will.

Mon, 05/06/2013 - 23:17 | 3536543 Verum
Verum's picture

Americans, while occasionally willing to be serfs, have always been obstinate about being peasantry.

-F. Scott Fitzgerald

Mon, 05/06/2013 - 23:43 | 3536581 Terminus C
Terminus C's picture

Yep, but Fitzgerald didn't know about the TeeVee.  Americans think they are free, yet are hopelessly enslaved.  Ask the average person on the street and they will tell you they live in the land of the free, call them a peasant and explain why and you will get a visceral response and threats (if not acts) of violence to your person.

Tue, 05/07/2013 - 08:02 | 3536987 shovelhead
shovelhead's picture

Using your hyperbolic definition of a peasant?

Which of these people are bound by law to their employer and can't leave at any time, the exception being a freely signed labor contract?

Purple prose is fun to use on the webz but accuracy is more useful.

Tue, 05/07/2013 - 10:39 | 3537479 acetinker
acetinker's picture

You're right, accuracy is more useful.  Being self-employed, I pay out about half my income, the fruits of my labor, to various minions of various agency.  Am I free?  HELL NO!  Maybe I'm just stupid, but if I want to avoid prison and maintain my employment, I must pay all these taxes and fees.

I am only "free" to the extent that I could just lock the door and walk away.  Not a very good solution to my problem though.  Besides, the taxes that I and fellow 'Merikans pay don't even come close to paying the bills run up by our "leaders", supposedly in my best interest.  Whose best interest?  Excuse me?  I gotta go throw up now.

Mon, 05/06/2013 - 23:41 | 3536579 adonisdemilo
adonisdemilo's picture

In order to have a Gold Standard you will need some Gold.

It will never happen because they will have to admit that they have NO Gold.

Could be a good thing though, especially if you're a rope maker

Mon, 05/06/2013 - 23:43 | 3536582 Graph
Graph's picture

Interesting presentation culminating with solution that lost me close to the end. Am I mistaken in thinkinking that narrator was hinting that those politicians on video will help us to push this petition forward? Boehner, Reid..forgot if Hillary was in.....?

Tue, 05/07/2013 - 00:43 | 3536677 Nehweh Gahnin
Nehweh Gahnin's picture

Ummm, ya, Hilly was in there.  I enjoyed the little film right up until they wanted me to climb on FB (not going to happen) to contact Lady Gaga (who?) and the criminals in the government (who already KNOW what we think of their bullshit) ... wait for it ... to sign a PETITION?  A fucking PETITION?  

Mon, 05/06/2013 - 23:43 | 3536583 TheMonetaryRed
TheMonetaryRed's picture

What a bunch of crap is this movie.

Tue, 05/07/2013 - 00:11 | 3536620 otto skorzeny
otto skorzeny's picture

Speak like Yoda you do.

Tue, 05/07/2013 - 00:39 | 3536671 Ralph Spoilsport
Ralph Spoilsport's picture

Talking out his ass he is.

Tue, 05/07/2013 - 03:51 | 3536766 TheFourthStooge-ing
TheFourthStooge-ing's picture

Expect what do you from a fiat felcher?

Tue, 05/07/2013 - 04:21 | 3536779 akak
akak's picture

These are not the droids you are looking for.

But Monetary Red IS the hemorrhoid you are looking for.

Mon, 05/06/2013 - 23:43 | 3536584 DavidPierre
DavidPierre's picture

US dollars are no longer backed by gold, so frankly there would be no reason to be concerned about confiscation.  On the other hand, to challenge patriotism, the US does not have a good track record on slavery, debt slavery, or confiscation of the "peoples money."

The confiscation of gold ranks up there with slavery, as this might be deemed all about the power of the elites rather than the patriotic duty to keep American financial health on sound footing.  If you have read the book Illegal Tender, or similar books, it is rather amazing what no liability with intrinsic value means.

Gold is the kryptonite of Keynesian economics.

Governments don't like the power of gold in the hands of its citizens.

This will probably never change in the US, except look at China and India. Personally, as having a background in public accounting, it didn't dawn on me until five years ago how governments will outright lie about the purpose of gold, only to find out, a grand conspiracy of media, Wall Street, BIS, and the IMF creditors deem it to be the most valuable currency on Earth!

Gold is a barbaric relic, but the IMF will accept Cyprus gold as a priority in settlement of debt.

This is part of the big lie that is truly discerning. Note that the Secret Service has hunted down those 1933 gold coins to this day.

Something to think about in the power of gold.

Governments want power and gold is power.

Being your own central bank means your not only fighting every central bank in the world, but your fighting the Wall Street owned media, and Federal governments as well. Its comforting to know Utah and Arizona, are standing up for the Constitution in most powerful of ways in the form of currency. State and local governments have taken a stand, and there is hope for the people's money, if not necessary a gold standard, a free gold market standard.

The brilliant manipulators didn't count on the power of the people and physical purchases.

God works in mysterious ways.

http://www.lemetropolecafe.com

Tue, 05/07/2013 - 00:28 | 3536636 otto skorzeny
otto skorzeny's picture

Governments don't like the power of GUNS in the hands of their citizens- fixed it for ya. If .gov gave a shit about gold they would be trying to grab it like they are guns.

Tue, 05/07/2013 - 02:59 | 3536746 OldPhart
OldPhart's picture

Grabbing the guns first makes it easier for subsequent thefts.

Tue, 05/07/2013 - 04:41 | 3536790 faroffthunder
faroffthunder's picture

You aren't paying attention. Many of the world's most coercive institutions are absolutely grabbing gold.

Tue, 05/07/2013 - 08:08 | 3537000 shovelhead
shovelhead's picture

Scratch Arizona for now.

Gov. Jan Brewer vetoed the legal tender law. Strange, she seemed like a rational adult in many ways.

Mon, 05/06/2013 - 23:45 | 3536585 Alcoholic Nativ...
Alcoholic Native American's picture

Capitalism is shit.

Tue, 05/07/2013 - 00:11 | 3536619 Major Major Major
Major Major Major's picture

Taoism: Shit happens.

Buddhism: If shit happens, it isn't really shit.

Zen Buddhism: Shit is, and is not.

Hinduism: This shit has happened before.

Islam: If shit happens, it is the will of Allah.

Catholicism: If shit happens, you deserve it.

Rastafarianism: Let's smoke this shit!

Ben Bernanke:  Let’s print MOAR shit!

Tue, 05/07/2013 - 03:54 | 3536767 TheFourthStooge-ing
TheFourthStooge-ing's picture

Chinese citizenism: Look! A clear spot on roadside!

Tue, 05/07/2013 - 07:44 | 3536948 TrumpXVI
TrumpXVI's picture

I LIKE that MMM.

BTW, I've been a Taoist for about twenty years.

Mon, 05/06/2013 - 23:47 | 3536589 Space142
Space142's picture

so the idea that the same politicians that perpetuate the fraud and are so clearly bought and paid for by the mega banks a re going to reply to a petition or give a sh*t about a return to a gold standard and act on it is laughable.  celebrities are going to risk scorn and public image to get behind something that will disrupt the lavish lifestyle afforded to them by the 1% to play ball in entertainment when most can't operate daily life without assistance is a ridiculous theory of countering the opposition.

 

these devil ridden people are wagging multiple wars all over the globe with qe and tax payer funds while systematically impoverishing the citizernery onto an already bankrupt welfare system....shutting down competition... and deploying domestic control operations for the inevitable mobilization of liberty minded people to an offensive stance at local levels.  the naivety of the documentary makes me really think we got no shot at turning this around.... with such bold ideas as a massive petition hand delivered by celebs to corrupt politicians.

Tue, 05/07/2013 - 00:24 | 3536647 otto skorzeny
otto skorzeny's picture

Like many empires it will crash under its own weight. Man is too fickle to remain on a constant path forever. Tipping points are always reached-"The Titanic is unsinkable"

Mon, 05/06/2013 - 23:59 | 3536603 PGR88
PGR88's picture

End the Federal Reserve, and the skew in income distribution will fix itself.

Tue, 05/07/2013 - 00:09 | 3536609 Kreditanstalt
Kreditanstalt's picture

This is all about economic envy. Hate the rich.  Class vs. class. 

Begging for government to act when government, the Fed and fiat currency itself caused this problem in the first place.

Why don't they target government?  Why only "evil banksters" - as if, absent those crooks, the American people would be partying like it was 1999 again.

THE MONEY WASN'T REAL TO BEGIN WITH...the wealth was illusory.   Never mind the banksters...blame the governments.

Tue, 05/07/2013 - 00:14 | 3536627 otto skorzeny
otto skorzeny's picture

Class warfare-it's the way that mankind progresses by leaps and bounds. Kind of like what a roaring forest fire does in nature.

Tue, 05/07/2013 - 00:27 | 3536648 Atlas Crapped
Atlas Crapped's picture

Banks and governments are one and the same. Blame fascism as it is the merger of the two, working in collusion.

Tue, 05/07/2013 - 01:17 | 3536704 Kreditanstalt
Kreditanstalt's picture

The governments have the guns.  Walmart doesn't.  The politicians could prosecute, coud bankrupt, could close down, change the monetary system IF THEY WANTED TO.

But economic envy is such a strong force that the same people complaining about "evil banksters" are still reluctant to hold governments accountable...they think it's a naive, but co-opted or captive, force for good!

Tue, 05/07/2013 - 08:16 | 3537026 shovelhead
shovelhead's picture

You do have a point.

Why yell at a wolf for being a wolf?

It's the shepherds who are letting the wolves run and serving up the sheep for a chunk of mutton in return.

Tue, 05/07/2013 - 00:52 | 3536686 All Risk No Reward
All Risk No Reward's picture

I agree with Napoleon's observation...

“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.”
? Napoleon Bonaparte

It is the banksters that have hijacked our government, not government that has merged with corporations.  There isn't a word for this - which is just the way they like it.  If there is no word, is more difficult to comprehend.

Bankster operatives in government are guilty of treason, for they, as traitors to the Republic, are the plague.

https://www.youtube.com/watch?v=-uSA1o07jx0

Wake up, America, or the red ember will never catch air and bring the fire of the Republic back to life.

Tue, 05/07/2013 - 03:05 | 3536748 OldPhart
OldPhart's picture

"It is the banksters that have hijacked our government, not government that has merged with corporations.  There isn't a word for this - which is just the way they like it.  If there is no word, is more difficult to comprehend."

There is a word:  Oligarchy

Sun, 05/19/2013 - 01:09 | 3577301 All Risk No Reward
All Risk No Reward's picture

Oligarchy is the form of government, but it isn't sufficient to describe what we live under.

There is a difference between a Mao oligarchy and what we live under.

A big difference.  At least right now.

Most people don't recognize the government as an oligarchy - and I mean cold, hard oligarchy.  They think it is a democracy - and they even screw that up since we are a Constitutional Republic.

Anyway, I'm not going to claim oligarchy is the wrong word, rather, I am going to claim that it is insufficient to describe what we live under when compared and contrasted to other oligarchies like Stalin, Pol Pot and Mao.

Tue, 05/07/2013 - 01:08 | 3536696 q99x2
q99x2's picture

Banksters better start digging your holes because once the Gov turns there will be no place to hide. For the times they are a changing.

Tue, 05/07/2013 - 03:32 | 3536759 dreadnaught
dreadnaught's picture

what makes you think there is any difference between government and industry/banks?  They have morphed into one-Fascism lite....for now

Fri, 05/24/2013 - 02:01 | 3595058 All Risk No Reward
All Risk No Reward's picture

They operate as one, but they are not equal.  The bank OWNERS set the agenda, not CongressCritters or Presidential Puppets.  There is a power structure within the duopoly and the banksters reign supreme...  meaning the OWNERS of Debt Money Tyranny.

Tue, 05/07/2013 - 00:14 | 3536626 cherry picker
cherry picker's picture

I know I will junked for this but capitalism, socialism, communism and fascism won't work anymore.

Why do I include capitalism?  I realize it is an economic model versus the three political ones, but many use it in arguments.  It is capitalism through its desire to maximize profits sent work overseas to get dirt cheap labor (costing the middle class here) and loosened environmental standards.

The other "isms" are just too demanding and expensive to efficiently operate and facism and communism are dictatorial in nature from what I have seen.

What is left?

I think we have to create a new model that makes sense.

Tue, 05/07/2013 - 00:15 | 3536630 otto skorzeny
otto skorzeny's picture

Jism is not too demanding- just rosie and a few minutes of Lisa Ann.

Tue, 05/07/2013 - 00:22 | 3536644 Atlas Crapped
Atlas Crapped's picture

Fascism or corporatism has worked quite well globally for the last 30 years, especially for governments and corporations. Capitalism has NOTHING to do with it. It hasn't really been practiced much at all in our lifetimes. It can and will work in the future, once markets are free.

But how can markets be free in such a world of graft and corruption??

Because in the next system, the wealth elite will benefit by it, why else??

Tue, 05/07/2013 - 00:17 | 3536628 Atlas Crapped
Atlas Crapped's picture

I hate to see such youthful optimism directed toward such an unlikely end. There will never be a return to the classical gold standard in which gold is artificially "pegged" or "fixed" to fiat currency by some politically subscribed ratio.

But there WILL be a return to the natural gold standard that always SHOULD HAVE BEEN, a free gold market, not manipulated by the paper gold market, which is never acknowledged or mentioned in this naive production. It is the fractional paper gold market which allows the proliferation of fiat and it is heading for the incinerator as it diverges from the free market arbitrage of physical gold.

Yes, we will return to a type of "gold standard", one for todays modern digital currency world.

But if you don't like the current system, I assure you ... you won't like the next ...

Tue, 05/07/2013 - 00:19 | 3536637 SwingersRuS
SwingersRuS's picture

The whole world runs on the Uniform Commercial Code, to those who don't know that. The United States Government went completely belly up June 5, 1933, you can look that up in House Joint Resolution 192, Or Statues at large, Public law 73.10, And the Corporation United States took over in Admiralty/Maritime law. The only Winner in the Civil war was the British Banks, and they took over Washington D.C.  and under Organic Act of 1871 formed a "New Government" and in the 15th Amendment of the New Constitution of the United States and Sliding the old Constitution for the united states of America under the rug, which was created in 1781, Duped most people. This new Amendment gave everyone the "Right" to join this New Government, which is a Democracy, and abandon their State Republics. In the Act of 1871 the United States was land locked inside the District of Columbia. The United states is actually only has powers over it's Territories, like Guam, Puerto  Rico, but not over the United states of north america, which if you live in the states is where you reside. The Buck Act created the STATE's OF, STATE OF GEORGIA, with GA and a Zip Code, and these are All Corporations!  The United States is in Chapter 11 Bankruptcy, but so is the Rest of the World. If you receive Statements and not Bills, your under bankruptcy law. If your Statements come in an All CAPITOL LETTER NAME, your name is a Corporation, and that is not YOU! And everything you Buy goes into the ALL CAP NAME, which means, You don't OWN IT!  Google Rod Class vs. North Carolina and you will find out the police have no more power than a security guard at Walmart. It's All Corporate Law. They use legalese on us in court, and it's a complete different language, so you hear the words, but they have different meanings. And the BAR Attorneys are in on the GAG!  One Hint B stands for British. Google Dunn & Bradstreet and put your county court in there and you will discover it is a Corporation. The key to this understanding is that your Birth Certificate is a Bond!  You are not Discharging your Debts through Treasury, they are not your debts. The Law of the sea is Contracts. But they never sign anything, which makes all the contract Unilateral, which can be defeated. By keeping you in the dark, they get you to pay, when it's all Pre-paid. Look at your Statements, they have a part that they want you to tear off, and send back is called a Remittance, kind of looks like a check, doesn't it! and to many it is. But it takes a lot of time to understand their twisted thinking to make it happen. Trust me, when I go to court, they throw me out on my ear.  I live in the Republic! Think State Citizen. This is not easy to find, so I suggest you book mark it. Black's Law Dictionary - 6th Edition | Welcome to johnwademoore.net

United States Code 9-307(h), Check out (h) and read the next one.

§ 9-307. LOCATION OF DEBTOR.

(a) ["Place of business."]

In this section, "place of business" means a place where a debtor conducts its affairs.

(b) [Debtor's location: general rules.]

Except as otherwise provided in this section, the following rules determine a debtor's location:

(1) A debtor who is an individual is located at the individual's principal residence.

(2) A debtor that is an organization and has only one place of business is located at its place of business.

(3) A debtor that is an organization and has more than one place of business is located at its chief executive office.

(c) [Limitation of applicability of subsection (b).]

Subsection (b) applies only if a debtor's residence, place of business, or chief executive office, as applicable, is located in a jurisdiction whose law generally requires information concerning the existence of a nonpossessory security interest to be made generally available in a filing, recording, or registration system as a condition or result of the security interest's obtaining priority over the rights of a lien creditor with respect to the collateral. If subsection (b) does not apply, the debtor is located in the District of Columbia.

(d) [Continuation of location: cessation of existence, etc.]

A person that ceases to exist, have a residence, or have a place of business continues to be located in the jurisdiction specified by subsections (b) and (c).

(e) [Location of registered organization organized under State law.]

A registered organization that is organized under the law of a State is located in that State.

(f) [Location of registered organization organized under federal law; bank branches and agencies.]

Except as otherwise provided in subsection (i), a registered organization that is organized under the law of the United States and a branch or agency of a bank that is not organized under the law of the United States or a State are located:

(1) in the State that the law of the United States designates, if the law designates a State of location;

(2) in the State that the registered organization, branch, or agency designates, if the law of the United States authorizes the registered organization, branch, or agency to designate its State of location; or

(3) in the District of Columbia, if neither paragraph (1) nor paragraph (2) applies.

(g) [Continuation of location: change in status of registered organization.]

A registered organization continues to be located in the jurisdiction specified by subsection (e) or (f) notwithstanding:

(1) the suspension, revocation, forfeiture, or lapse of the registered organization's status as such in its jurisdiction of organization; or

(2) the dissolution, winding up, or cancellation of the existence of the registered organization.

(h) [Location of United States.]

The United States is located in the District of Columbia.

(i) [Location of foreign bank branch or agency if licensed in only one state.]

A branch or agency of a bank that is not organized under the law of the United States or a State is located in the State in which the branch or agency is licensed, if all branches and agencies of the bank are licensed in only one State.

(j) [Location of foreign air carrier.]

A foreign air carrier under the Federal Aviation Act of 1958, as amended, is located at the designated office of the agent upon which service of process may be made on behalf of the carrier.

(k) [Section applies only to this part.]

This section applies only for purposes of this part.

 

Tue, 05/07/2013 - 00:37 | 3536665 newengland
newengland's picture

You are a very clever chap, a young one, I imagine, a future good lawyer.

 

'It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.' (Henry Ford)

PS

Admiralty Law in Britain makes that country a similar serf of central banksters, the international financiers of old, the Monarchy and the Vatican.

 

Tue, 05/07/2013 - 04:26 | 3536782 Sandmann
Sandmann's picture

Explain this "Admiralty Law" you write of, because I don't believe you

Tue, 05/07/2013 - 05:17 | 3536808 SHRAGS
SHRAGS's picture

Martin Armstrong: International Law Territorial Jursidication helped explain it in simple terms to me.

Tue, 05/07/2013 - 05:02 | 3536797 fajensen
fajensen's picture

If you are right, a SWAT time will get the address of some assumed terrorist outfit wrong, bust into your place with full kinetics at 4 AM, fire 2000++ rounds into your house, hitting you with about 9 of them hollowpoints they are hogging, and the cops will keep the ambulance crew away for however long it takes for you to bleed out, cause there might be a Bomb in there! They shoot your dog too, on principle!

Tue, 05/07/2013 - 08:15 | 3537021 Urban Redneck
Urban Redneck's picture

Where in the 1871 act do you get the notion that "In the Act of 1871 the United States was land locked inside the District of Columbia"?


Tue, 05/07/2013 - 00:19 | 3536638 cherry picker
cherry picker's picture

I know I will junked for this but capitalism, socialism, communism and fascism won't work anymore.

Why do I include capitalism?  I realize it is an economic model versus the three political ones, but many use it in arguments.  It is capitalism through its desire to maximize profits sent work overseas to get dirt cheap labor (costing the middle class here) and loosened environmental standards.

The other "isms" are just too demanding and expensive to efficiently operate and facism and communism are dictatorial in nature from what I have seen.

What is left?

I think we have to create a new model that makes sense.

Tue, 05/07/2013 - 01:06 | 3536695 All Risk No Reward
All Risk No Reward's picture

The foundation of any new model must start with a population that is conscious of, and constantly applying, a systematic intellectual self defense mechanism.

For those checking ZH at the bar, that's a systematic bullsh*t detector.

School was engineered to remove that from the sheeple and create a chumptocracy to be ruled over by a tyrannical financial fraud powered mafia.

We are chumps, so we fell for it.  Their Trojan Horse is in plain view, as well as the fact the Emperor has not truth clothes.

The children cry out "He has no truth clothes," but unlike the story, the chumptocracy doesn't laugh or admit they were conned.

Tue, 05/07/2013 - 00:44 | 3536657 Dr. Engali
Dr. Engali's picture

This movie is very symplistic and hasn't even begun to scratch the surface of the problems. The fact is we can not go back to a gold standard without a massive devaluation under the current system. The debt is so large the the constraint of fiat growth would cause the debt to strangle us worse than it is now. The exponential growth of debt is the only thing keeping the system alive. If they really want to examine the issue they need to go back to Jekyll island on 1913 to get to the core of the real problem. The private central bank along with it's debt based monetary system needs to be destroyed and the economy needs to reset with a new hard currency. Another issue I have with this documentary is the fact that nobody on the political side is held accountable. To the contrary they suggest that we go to the very people who helped perpetuate the problem to solve the problem. And Lady Gaga? Come on what a fucking joke. Do you really think Washington gives a shit about what a bunch of teeny bopper tweeting kids think about the gold standard?

Tue, 05/07/2013 - 01:44 | 3536718 putaipan
putaipan's picture

there's gonna be a jubalee. the only remaining question is who's jubalee's it gonna be. theirs? -that quadrillion shadowy derivitive bubble paid for by cyprusing the whole world and our future serfdom? or ours?

economic eschatology indeed!

Sun, 05/19/2013 - 01:11 | 3577303 All Risk No Reward
All Risk No Reward's picture

They are going to offload the unpayable debts onto society, they are then going to use those debts to loot the world wholesale then, once they own the world, they will have a jubilee which, in this case, might include the freeing of debt through death for billions of "useless eaters," if you know what I mean.

Tue, 05/07/2013 - 07:52 | 3536968 web bot
web bot's picture

You are absolutely right. A gold standard would only work with a global reset.

Tue, 05/07/2013 - 01:11 | 3536700 devo
devo's picture

Maria Bartiromo, while human-centipeded between Bernanke and myself, told me stocks are the new safe haven. At least I think that's what she said...

Tue, 05/07/2013 - 01:20 | 3536703 yogibear
yogibear's picture

Just look at history.

"No country in the history of the world has ever remained a super power without a middle class"

Laugh at it, but when the US looses it's reserve currency status it will be a very sad day indeed.

A combination of the Federal Reserve and a government full of politicians willing to sell their souls to the highest bidder are taking the US down.

 

Tue, 05/07/2013 - 02:08 | 3536729 Judge Crater
Judge Crater's picture

What happens when Mother Nature really gets tired of us arrogant humans and decides to send hundred year superstorms our way two or three or four times a year?  You can be sure that all the politicians from both parties will take off with their families to a safe doomsday prepper type hideout, transported there on military jets.  Excuse me, I been reading Zero Hedge too long. 

Tue, 05/07/2013 - 02:09 | 3536730 Alan.s
Alan.s's picture

Total world gold stock divided equally amongst 1 % of world population is less than 20 oz each. Has anyone done the math for silver?

Tue, 05/07/2013 - 02:10 | 3536731 Pike Bishop
Pike Bishop's picture

Remember, remember, the 4th of September.

Tue, 05/07/2013 - 02:29 | 3536737 q99x2
q99x2's picture

The only thing this video is going to do is make ya the butt of a lot of jokes as the 50 cal ammo boxes are being loaded onto the DHS tanks. This is the most hilarious video I've seen in a long time.

The globalists are blasting the faces off of 10s of 1000s of children and you think something like this is going to make them responsible to their subjects. Give me a F'kn break. They'll have you begging Al-Caida for your life before your vote ever counta for anything again.

 

Tue, 05/07/2013 - 07:19 | 3536913 SmallerGovNow2
SmallerGovNow2's picture

what's your solution?

Tue, 05/07/2013 - 02:47 | 3536741 besnook
besnook's picture

utopian nonsense.

craft- despite what your momma told you, violence does solve problems.

that is realpolitic and reality is so much more fun than dreamy eyed puppies and unicorns.

Tue, 05/07/2013 - 02:49 | 3536742 q99x2
q99x2's picture

A far better idea would be to establish a peer to peer protocol to determine the value for BitCoin based on the overall value of all goods and services purchased with BitCoin in realtime.

Tue, 05/07/2013 - 05:02 | 3536785 faroffthunder
faroffthunder's picture

What is all this flag-waving Kony2012 bullshit? A return to the gold standard won't save your sinking ship. Not to mention it will never happen because there is no incentive for those at the helm who, for the last several years, have been scrambling for the golden exits, their trousers saddled with freshly printed Bernanke bucks. This is merely the latest iteration of an inalterable game of cat and mouse. It won't be halted by Kumbayas and candle-light vigils. You're a man, stop begging for a stronger set of IOUs and take back the wealth that was stolen from you. You know where the vault is. So why dont you march down to 33 Liberty Street instead of the useless fucking Capitol?

Tue, 05/07/2013 - 04:56 | 3536796 Dan The Man
Dan The Man's picture

PPl are not equal...so?  Its a mistake to think everyone CAN be equal

Tue, 05/07/2013 - 05:07 | 3536800 Mario55
Mario55's picture

Very disappointing manipulative film that the most communist french public servants would have been very proud to author! 

How can you compare the cost of the Saving & Loan crisis to an inflated cost of the recent crisis in nominal dollars? Just to increase the dramatic effect?

How can you cut off the Bernanke's response to the question "will you tell us to whom you gace $ 2 trillion" just to hear him stuttering with a NO at the end?

I could not to watch this video clip through.

 

Tue, 05/07/2013 - 07:16 | 3536906 SmallerGovNow2
SmallerGovNow2's picture

as you didn't watch it through, then you cannot be a critic...

Tue, 05/07/2013 - 05:08 | 3536802 22winmag
22winmag's picture

I enjoyed this documentary right up to until the point it claimed that a petition backed by the Hollywood idiots could and would bring us back to the gold standard.

 

I like to compare the treasonous financial cabal to the German war machine... seemingly unstoppable in their march to global domination. Until of course, grossly overextended, they were stopped just short of their objective, thrown back, and crushed.

Do NOT follow this link or you will be banned from the site!