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The Hidden Motives Behind The Federal Reserve Taper

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Submitted by Brandon Smith of Alt Market

The Hidden Motives Behind The Federal Reserve Taper

"The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland; a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank... sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world." - Carroll Quigley, member of the Council on Foreign Relations

If one wishes to truly understand the actions behind private Federal Reserve policy, one must come to terms with a fundamental reality – everything the Fed does it does for a reason, and the most apparent reasons are not always the primary reasons. If you think that the Fed simply acts on impulsive stupidity or hubris, then you haven't a clue what is going on. If you think the Fed only does what it does in order to hide the numerous negative aspects of our current economy, then you only know half the story. If you think the Fed does not have a plan, then you are sorely mistaken...

Central Bankers and their political proponents espouse a globalist ideology, meaning, they are internationalists in their orientation and motivations. They do not have loyalties to any particular country. They do not take an oath to any particular constitution. They do not have empathy for any particular culture or social experiment. They have their own subculture, with their own “values”, and their own social hierarchy. They are a kind of “tribe” or “sect”; a cult,if you will, that views itself as superior to all others. This means that when the central bankers that run the Fed act, they only act with the intention to support and promote globalization, not the best interests of America and Americans.

The process of globalization REQUIRES the dissolution of the U.S. economy as it exists today. Period. There is no way around it. America can no longer remain a superpower in the face of what globalists call “harmonization”. The dollar can no longer maintain its petro-currency status or its world reserve status if total centralization under a new global currency is to be achieved. Globalists believe that America must be sacrificed on the altar of “progress”, and diminished into a mere enclave, a feudal colony of a greater global system. The globalists at the Fed are no different.

Once this driving philosophy is understood, the final conclusion is obvious – the Fed exists to destroy the U.S. financial system and the U.S. currency mechanism. That is what they are here for.

This is why the dollar has lost 98% of its value since the Fed was established in 1913. This is why the Fed deliberately engineered the derivatives bubble crisis through the implementation of artificially low interest rates. This is why their response to the crisis was to create yet another massive bubble in stocks and bonds through QE stimulus. This is why the Fed is cutting stimulus today.

How does the taper play into the long running program of dollar destruction and globalization? Let's take a look...

The Multifaceted Taper Strategy

In my article 'Is The Fed Ready To Cut America's Fiat Life Support', and my article 'Expect Devastating Global Economic Changes In 2014', I predicted that a Fed taper was highly likely. Central banks almost always implant policy shift rumors into the mainstream media a few months before they implement them. They did this for TARP, for QE1, QE2, QE3, and the Taper. In fact, the Fed spent the better part of the past quarter conditioning investors to the idea of stimulus cuts, so I was not at all surprised when they followed through.

The Fed has, of course, now announced a $10 billion QE reduction just in time for Christmas and the 100th anniversary of the privately run institution. In the past, I have pointed out the tendency of central banks to enforce detrimental policy changes while the government, the economy and/or the bank itself is in the midst of a major transition. The Fed's taper announcement comes just in time for the end of Ben Bernanke's term as chairman, and the expected nomination of Janet Yellen.

This is done, I believe, because it provides an opportunity to divert blame for a crisis event they know is on the horizon. If attention is ever focused on the Fed specifically for a market downturn or bond disaster triggered by the ever present dollar bubble, Yellen can simply blame the QE policies of Bernanke (who will be long gone), while promising that her “new” policies will surely repair the damage. This placates the public and buys the central bankers time to do even MORE damage.

The taper itself is not just a “head fake”, however. It is a far more complex action. Tapering provides a method of psychologically distancing the Federal Reserve from the consequences of market movements. The banksters are essentially proclaiming to the public that their work is done, they have saved the economy, and now they are moving on, be it only $10 billion at a time. Whatever happens from here on is “not their fault”.

Most alternative analysts expected no taper of QE, and for good reason. While the mainstream touts the propaganda of economic recovery, independent financial experts understand that little to nothing was actually accomplished by the bailouts. Virtually no stimulus was absorbed in a localized way by mainstreet business. Real unemployment counting U-6 measurements still stands at around 20%. Real estate markets and home prices have a received a small boost, which at first glance appears positive until one examines who is actually buying; namely big banks and international investment firms snapping up properties only to reissue them on the market as rentals:

U.S. holiday retail sales and annual retail sales have been the weakest since 2009:

The only thing that QE ultimately accomplished was a spectacular rise in stocks through direct manipulation, which Fed agents like Alan Greenspan and Richard Fisher now openly admit to. The problem is, while gamblers in equities proudly boast about the Fed induced bull run in the Dow and how much money they have made, they remain oblivious to the underlying cost of the charade. Market investors have been enriched, yes, but little do they know that stock legitimacy is about to be sacrificed.

The price to earnings ratio of stocks (the market value of stocks versus what they SHOULD be valued according to the actual earnings of the companies listed) in the S&P 500 today stands at around 15, which is the highest it has been since before the 2008 market crash. Mainstream economists attempt to dismiss the issue by using a 15 year average while claiming that the P/E ratio in 2013 is mild compared to the tech bubble of the late 90's. What they don't seem to grasp is that the market of the past four to five years is an entirely different animal compared to 15 years ago.

Stocks in general have received considerable support through purchases by Fed bolstered banks and the Fed itself, creating an atmosphere of artificial demand for equities using QE fiat injections. Though no full audit of the bailouts exists (TARP is the only measure audited so far), it is projected that the banking sector alone has garnered tens of trillions in Fed fiat, which they have used to bolster their otherwise debt ridden holdings. It is only logical to expect that this capital tsunami has been used by numerous companies as a way to present false earnings. Goldman Sachs, JP Morgan, and Morgan Stanley all reported substantial profits for 2009 while at the same time reporting massive liabilities caused by the derivatives crash so that they could collect on the bailout bonanza.

So which one is it? Are companies making profits, or are they wallowing in insurmountable debt while presenting government stimulus as a form of profit?

What the Fed and corporate banks have done is create a market in which neither earnings, nor stock values can be trusted. The fact that the P/E ratio is higher than it has been since 2008 despite this manipulation should concern anyone with any sense.

Worst of all, the Fed's monetization of U.S. Treasury debt has only expanded while foreign investment in long term debt has contracted. With our official national debt growing by at least $1 trillion per year, our country cannot continue to function without an ever increasing amount of foreign investment, or, Federal Reserve printing. The Fed cannot make cuts to QE if our system is to survive (if you want to call it survival), the Fed must expand QE forever, or at least until the dollar implodes due to hyperinflation.

So then, why has the taper been introduced at all? No one wants it. The government shouldn't want it. Investors certainly don't want it. Our economy is utterly dependent on the opposite. What purpose does it serve?

The assumption has always been that the Fed wants to keep the system afloat. I submit that things have changed. I submit that the Fed no longer wishes to prop up our fiscal structure, or at least, no longer wishes to be seen as propping it up. I submit that the Fed is not pursuing dollar destruction through standard hyperinflation, but rather, they are preparing the U.S. for default, which also will result in currency implosion.

The Taper Parallels

"It must not be felt that the heads of the world's chief central banks were themselves substantive powers in world finance. They were not. Rather they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up, and who were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investment bankers who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks. " - Carroll Quigley, Tragedy And Hope

Initial shock over the taper scenario has not sunk into the markets yet (as Zero Hedge points out, the last time a major central bank cut stimulus measures to a dependent country, stocks rallied, then crashed within months). Few people see much difference between $75 billion per month and $85 billion per month, but the size of the cuts is not really the issue. Rather, it is the Fed's act of fading into the background that should concern us.

The taper announcement parallels perfectly with the accelerating debate over the U.S. debt ceiling, and I do not think this is at all a coincidence. Tapering seems inconceivable to many, but for the Fed it makes perfect sense if the goal of the globalists is to generate a default scenario while diverting blame. I believe that Americans are being prepared psychologically for just such an event. Already, the White House is warning that government funding will essentially disappear by the end of February:

The expectation fostered by the mainstream media is that a debt fight similar to the October theater will not happen again. I agree. I believe the next debate will be much worse. The vast majority will assume that the “can” will be kicked down the road again, and they may be right, but given the Fed's behavior, and given that they have begun to taper despite what appears logical, many people may be in for a shock when our government also suddenly decides one day soon to buck assumptions and default rather than prolong the pain.

The full spectrum failure of Obamacare only adds excuse and incentive. There is no longer a legislative centerpiece rationale for further spending. Obama's approval rating is at historic lows for any president. The stage has been set for the most epic of fake political battles.

The Left and Right leadership, at the top of the pyramid, are nothing more than flunkies for the global elite. If globalists have decided that it is time to apply the final death blows to the dollar, default would be the quickest and most efficient way, and political puppetry can easily make it happen. The calamity would be blamed on “partisan bickering” and “government gridlock”, or even the inefficiency of “democracy”. The Fed, with its taper in place and its fake recovery established, would be presented as the only “sane” institution at America's disposal.

Perhaps at this point even more pervasive QE programs would recommence, perhaps not. At bottom, though, the taper is not a peripheral issue. It is an action at the center of a much more elaborate process, an action that seems to have been undertaken in preparation for a larger event. The next year is shaping up to be the most chaotic since the debt crisis began in 2008, and as the situation progresses, the subtleties of the Federal Reserve and the international banks that back it must not go unnoticed, or in the end, unpunished.


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Sat, 12/21/2013 - 11:20 | 4266507 dick cheneys ghost
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“To learn who rules over you, simply find out who you are not allowed to criticize.”
Sat, 12/21/2013 - 11:29 | 4266515 Deacon Frost
Deacon Frost's picture

A Short History of Paper Money and Banking

William M Gouge (1833)


To infer that because a system produces great evil, it must soon give way, would be to argue in opposition to all experience.

If mere suffering could produce reformation, there would be little misery in the world.

Too many individuals have an interest in the incorporated paper money Banks, to suffer the truth in relation to such institutions to have free progress. Too many prejudices remain in the minds of the multitude who have no such interest, to permit the truth to have its proper effect.

Their early habits of industry and economy cleave to some of the rich men of the present day. Hence they are useful and, as moderate members of society as many who are in modest circumstances.

But when their immense wealth passes, as it must pass in a few years, to their heirs, who not the value of money, because they never knew the want of it, it will be lavished in every way which corrupt inclination can dictate.

Sat, 12/21/2013 - 12:23 | 4266601 kliguy38
kliguy38's picture

Quigley gives you a rare insider's insight into the inner thought process of the "system" .....GREAT article.......he's studied and been part of the "game" for many I think his scenario deserves your full attention

Sat, 12/21/2013 - 12:45 | 4266657 CH1
CH1's picture

Is it me, or is Brandon Smith believing his own publicity?

(Not that I disagree with a lot of what he writes.)

Sat, 12/21/2013 - 12:59 | 4266677 markmotive
markmotive's picture

End the Fed. God bless Ron Paul.

Ron Paul in 1981 --> How Ideas Inform Politics

Sat, 12/21/2013 - 14:12 | 4266811 BKbroiler
BKbroiler's picture

Quigley's Tragedy and Hope is not a quick or easy read but it is a required one for anyone who is really interested in the big picture.

Sat, 12/21/2013 - 17:30 | 4267073 So What
So What's picture

"They are a kind of “tribe” or “sect”; a cult,if you will, that views itself as superior to all others."

You mean Jews. Why don't you just say the word.

Sat, 12/21/2013 - 19:18 | 4267186 Lore
Lore's picture

Nope.  "Jewry" in the simplistic "anti-Semitic" sense is just another label / proxy / front / smokescreen.  Consider who financed the Nazis. 

Most Jewish folks are just people like you and me.  It's a mistake of previous generations to allow their wrath in time of crisis to be misdirected at local Jews.

Don't look 'left' and 'right' at the groups around you. Look 'up.'

Sat, 12/21/2013 - 20:42 | 4267307 economics9698
economics9698's picture

Texas and the Midwest states will break away and form a new country with private banks issuing currency based on gold.


The world doesn’t need these assholes anymore, they just do not realize it yet.

Sun, 12/22/2013 - 22:23 | 4269734 TheReplacement
TheReplacement's picture

That is exactly right.  Focus on one big group of people and the real culprits get away.  Focus on the culprits and the big group of people bothers no one.

It is amazing how many simpletons out there just pick a generic group to blame despite the vast majority (99.999%) having nothing to do with anything in our lives.

Sun, 12/22/2013 - 05:13 | 4268036 Squid-puppets a...
Squid-puppets a-go-go's picture

anyone who fails to differentiate jews from zionists is being unconstructive

Sun, 12/22/2013 - 10:13 | 4268269 economics9698
economics9698's picture

22% of Jews vote Republican...

Sat, 12/21/2013 - 13:16 | 4266690 Popo
Popo's picture

She's predicting a US default (on Treasuries / International debt I assume) in the near future?  The US would default on loads of other obligations long before it defaulted on treasuries.   This strikes me as kooky.   If the Fed actually wanted to destroy the dollar quickly, then why the kabuki about hiding inflation?  They would just say "Shit!  Inflation's totally out of control!".  And print at 20x the pace.

I think the Fed is between a rock and a hard place and they need to pay off impossible debts while trying to preserve the value of the dollar within a narrow glide path.   They're fucked.  But they're not suicidal.


Sat, 12/21/2013 - 14:19 | 4266828 Kayman
Kayman's picture

I agree the Fed is between a rock and a hard place.  Back in the days when the U.S. was the world's largest creditor nation with government sucking out/living off about 20% of the nation's output, the Fed was a mighty and feared institution. "Don't fight the Fed" was a truism.

Now we have a nation that specializes in financializaton, backstopped by a Central Bank, not productive assets. Take banking and government out of GDP (after all they produce fuck-all )and who is left to carry this cancerous can ?

The Fed has been buying cover for their ilk, nothing more, nothing less.

Sat, 12/21/2013 - 14:26 | 4266851 Son of Captain Nemo
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They're fucked.  But they're not suicidal....

Then if that's the case, how could a Chairman of the Federal Reserve and his partner in crime at the Department of Treasury 5 years ago orchestrate the most comprehensive expensive bailout in human history telling the members of Goernment that if they didn't capitulate and agree with it "Marshal Law" would be declared. All the while urging their foreign debt holders that it was "still safe in the water" and to buy more?

Remember Timmy's PR stunt in China 3 years back proclaiming that USD was "solid as a rock" and to buy more as the Chinese were visibly laughing in his face?

I would like to believe that their exists a fine line between sanity and insanity but what the Fed has demonstrated and what the American taxpayer has amply accomodated in limitless patience much like the funny money being printed at will in Washington that got us to this place 5 years later is proof that we all must not be too well in the "sweet bread"!


Sat, 12/21/2013 - 16:10 | 4266974 bentaxle
bentaxle's picture

Exactly. How are they even going to repay the equivalent of, say, half the debt, never mind all of it? Doing so would critically reduce the money supply and result in massive deflation. If that happens the banks collapse anyway. Long term debt repayment, however gradual, simply isn't an option.

Efforts to keep the impression of inflation being low is an attempt to get as many people as possible used to living in relative poverty and become accepting of an oligarghic 1%.

From now on it has to be a case of how much longer can the people be kept in collective ignorance and or divided by a failure to organise resistance out of apathy, whilst becoming increasingly impoverished?

When it hits, (again,) you have to wonder if blaming the people for their own "addiction to debt," will wash. When it's The Fed that can't exist without moar!

Sat, 12/21/2013 - 17:03 | 4267050 Seer
Seer's picture

"Efforts to keep the impression of inflation being low is an attempt to get as many people as possible used to living in relative poverty and become accepting of an oligarghic 1%."

Same as it ever was...

But, when one really gets down to it the view should be that it's better to live more sustainably than un-sustainably (as the 1%ers are*).

* I bet that if you and I compared our positions against that of the bulk of humanity -all 7 BILLION- that we would be in the 1% group.

Also, had we just shut the door up-front an awful lot of people wouldn't have been afforded the opportunity to "adjust."

Whether it's the 1%-ers plan or not I cannot say, but I CAN say that it's nature plan (nature doesn't do too well allowing excesses to continue).

Sat, 12/21/2013 - 19:52 | 4267213 Son of Captain Nemo
Son of Captain Nemo's picture

...nature doesn't do too well allowing excesses to continue...

AgreedAnd this is why Au and Ag shouldn't be fooling around anymore.  Where is the law with judge and jury in assisting the "1%" with there failure in math and wasteful paper accumulation?


Sat, 12/21/2013 - 18:09 | 4267118 Alexandre Stavisky
Alexandre Stavisky's picture

In Japan when shadow gov't became standard, the most powerful shogun would retire.  Then run everything while another puppeted out front.  Always keep an eye on what's behind the vanguard.  Sometimes it is multiple layers deep.

But Yellen's second in command?  Not, Dr. Livingstone I presume?  Maestro who taught the maestros.  "God Contended", that same land, look to their preparation for the GFC.  How very, very different.  Almost survivalist.  Current account surplus.  Net exporting.  Budget surplus. etc. etc.  Krugman antithetical course.

The last bit is most telling.  While 20-22% of world production in USA is indeed important.  Its capital markets control the globe.  They are very important.

Upon worrying about a drought but hearing it but in Galilee, he expressed relief, "I thought you meant IOWA."

Talking about grain, or agriculture, or maybe about total hegemony.

Good to be a hegemon, better to be hegemon to a hegemon.  Who survives longest and most secure?  Attila the Hun or the tapeworm inside Attila?

Sat, 12/21/2013 - 15:31 | 4266921 the question
the question's picture

Not that I completely disagree, but if the Fed admitted to out of control inflation, how could they then justify printing at 20x the pace? Not logical.

Sat, 12/21/2013 - 15:51 | 4266946 SoilMyselfRotten
SoilMyselfRotten's picture

This falls in nicely with the late Aaron Russo's claim that the Rockefellers/TPTB and their CFR proxies agenda is to get everyone chipped with them controlling the chips.

Sat, 12/21/2013 - 16:06 | 4266969 new game
new game's picture

suddenly a white knight arrives with a new improved intntl. currency-can't wait...

Sat, 12/21/2013 - 16:51 | 4267032 Jumbotron
Jumbotron's picture

His name is Fonestar and he's peddling Shitcoin !

LOL !!!!

Sat, 12/21/2013 - 16:31 | 4267007 Father Lucifer
Father Lucifer's picture

Not quickly but stealthily with the ability to blame someone else. Considering that this plot is already over 100 years old it is obvious that they have patience. What mystifies me is who in the future do they believe they are benefiting. I do believe that somewhere down the line something will fuck it all up, unfortunately there will probably be nothing left. We will all be Greece and there will be nothing left for them either. Maybe there will be a revolution and the shit can just start all over again. Meet the new BOSS same as the old .......

Sat, 12/21/2013 - 17:10 | 4267056 Seer
Seer's picture

It all runs out with cheap, available energy.  Simple as that.

Then, as fonz put it so well, we return to the historical "average."

I've got enough problems, I don't need to waste time in trying to figure out how the "wealthy" are or aren't screwing "me."  I'm just going to create a world in which I feel more able to be sustainable.  And that, my friends, is what is actually being bought at this time: we've been given time to brace for impact (no one says we're going to survive, but at least we can make the effort, that is, if we're not wanting to test the theory of "life after death").

Sun, 12/22/2013 - 12:57 | 4268495 gdogus erectus
gdogus erectus's picture

Please, everyone - peak energy is manufactured.  Please take some time and research Tesla, cold fusion, zero point energy, etc.  And not using Google, either.  We already have the transmission lines for electrical distribution and infrastructure.  Generating electricity can be done completely free.  Free.  This whole peak energy thing is 100% manufactured.  There have been alternatives for 100 years.  Research Wardenclyffe tower to start with.

Sun, 12/22/2013 - 15:13 | 4268828 A Nanny Moose
A Nanny Moose's picture

I wonder if in the 18th or 19th centuries, there was a fear of peak slavery? How about peak Whale Oil around the time of JD Rockefeller?

Did we not solve the problems?

Sat, 12/21/2013 - 16:34 | 4267011 Al Gorerhythm
Al Gorerhythm's picture

No Kabuki = guillotines. Smoke and mirrors covers the crime.

Sat, 12/21/2013 - 16:58 | 4267043 Seer
Seer's picture

Well put!

It's a glide-path to the end.  As I've said for quite some time now, I believe that the Fed (and they probably know this) IS positioned to be the bagholder.  If we were to force this out into the public then that would make us all complicit in a future default: we couldn't look to all those creditors and claim ignorance.  The US govt will just declare a "national emergency" and stop all/any litigations based on the Fed's implosion.

Debt jubilee.  It's the only thing that has ever "worked." (it's impossible to repay both interest and principle- only growth can keep the appearance of being able to)

This "ratchet-down" on purchases is more of a statement that the Fed is running out of assets to buy (without it coming down to obvious over-inflation of valuations).  In no way, just like the sales of USTs, can there be an "event" that ends up with insufficient "interest."  We KNOW that continuing along as we've been doing that this WOULD happen; so, then, there will likely be some other action/event that is run up the flagpole.  As a consequence of all this we've been "afforded" time- we ought not discount it.

Sat, 12/21/2013 - 18:20 | 4267130 caShOnlY
caShOnlY's picture

She's predicting a US default (on Treasuries / International debt I assume) in the near future? 

"she's" full of shit along with her article.  The man stating taper and more of it at eash FMOC meeting will not even be there!!   THEY WILL NOT START THE COLLAPSE INTERNALLY!!  THEY NEED A "SCAPEGOAT" to herd the masses anger at. 

THERE WILL BE NO TAPER, THERE WILL BE MORE DEBT CEILING CAN KICKING, THERE WILL BE A CURRENCY CRISIS.   Once China makes enough deals to affect the dollar the game will commence, you can see it already.  Then China will be manuevered into "ENEMY" position.  

The collapse will finally bring the ultimate crisis to begin cutting: Social Security, Welfare, Pensions, Paychecks, Benefits, Corporate taxes, wealth taxes, etc...  We are going to return to a manufacturing nation again.  Just open your history books and look at the pictures of old.  The ones where dirty, tired, poor people making next to nothing in factories posed next to their bearded "owner" who was wearing the nice suit and pocket watch.  

"It is coming America, trust me, the Jobs are COMING!!  .... william "jerkoff" clinton in August 2012 at obama rally (he will be right too! minimum wages for all!!!).

Sun, 12/22/2013 - 05:07 | 4268028 daemon
daemon's picture

 " I think the Fed is between a rock and a hard place and they need to pay off impossible debts while trying to preserve the value of the dollar within a narrow glide path. They're fucked.  But they're not suicidal. "

Who owns DHS ?

Sun, 12/22/2013 - 13:04 | 4268503 Bindar Dundat
Bindar Dundat's picture

What happens to the U.S. dollar in the above scenerio of default?  If the U.S.  defaults do all the dollars that the banks have created simply vanish?  Would we be  without jobs or cash?   What will be the practical result if this doom gloom occurs?

Gold? Bitcoins? dollars in bills?  shares? realestate?  Where do we hide?


Sat, 12/21/2013 - 16:19 | 4266990 sgt_doom
sgt_doom's picture

This is simply a brilliant and spot on blog posting!

Reminds me of Damon Vrabel's two-part blog posts on the global banking cartel a few years back.


Sat, 12/21/2013 - 12:23 | 4266603 Seer
Seer's picture

And those heirs have convinced us that "death taxes" are bad.

Thanks for posting this.  I think that it says a LOT.

Sat, 12/21/2013 - 14:25 | 4266842 Oldwood
Oldwood's picture

Death taxes don't touch the truly rich, just those hoping to become so.

Sat, 12/21/2013 - 17:14 | 4267060 Seer
Seer's picture

That's my point.  They use it as cover, as if it were really put in place (not that I'm advocating it, it's just that I'm tired of all the stupid slogans that people brainwash themselves with) it would drastically reduce the continuation of a bad gene pool (of course, as the future unfolds nature will do what we have failed to do).

Those "hoping to get rich" (always a nice trick with the carrots) don't really get nicked.  It's another of the fallacies put up by the "wealthy" to help shield themselves (and allow all the "poor" folks to bicker over).

Again, it's all nothing more than a cheap, nasty trick pulled by the uber wealthy.  Some folks just don't get it (especially those wishing to be just like "them").

Sat, 12/21/2013 - 11:31 | 4266523 Arius
Arius's picture

Now this is above my payrate ... but this statement seems a bit far fetched and it seems it is at the basis of the whole argument.  now, i dont know about other countries, but am sure is similar ... how can Bernanke control all of this, when he is appointed by the President.  THe President controls everything, plus the congress etc.  how about in other countries, how can they control the foreign exchanges in China when the counterpart is US .... too far fetched..

"each central bank... sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges"

Sat, 12/21/2013 - 11:37 | 4266527 remain calm
remain calm's picture

Fuck all righteous evil people.

Sat, 12/21/2013 - 11:49 | 4266547 max2205
max2205's picture

It's simple. ..the statute of limitations for prosecution run out in 2015. So the perpetrators must make it all good till then


CYA bitchezzzs

Sat, 12/21/2013 - 12:59 | 4266680 Stuck on Zero
Stuck on Zero's picture

Angry mobs seldom respect the statute of limitations.


Sat, 12/21/2013 - 19:34 | 4267209 DaveyJones
DaveyJones's picture

the statute or the statue

Sat, 12/21/2013 - 16:08 | 4266972 Emergency Ward
Emergency Ward's picture

Jon Corzine: "You got that right!"

Sat, 12/21/2013 - 12:21 | 4266605 Laughing Stock
Laughing Stock's picture

Fuck "the Tribe"

Sat, 12/21/2013 - 16:54 | 4267036 Jumbotron
Jumbotron's picture

Which "tribe" are you talking about ?

Navajo ?

Choctaw ?

Cherokee ?

Zulu ?

Please elaborate.

Sat, 12/21/2013 - 17:01 | 4267047 autofixer
autofixer's picture

My wife is Hopi.  She would be glad to shove a knife up someone's ass. 

Sat, 12/21/2013 - 17:16 | 4267062 Seer
Seer's picture

Whoa!  That sounds like an environment of doing a lot of walking on egg shells!

Sat, 12/21/2013 - 17:27 | 4267072 nightshiftsucks
nightshiftsucks's picture

Ha ha,does she stick knitting needles in your ear when you dont listen to her.

Sat, 12/21/2013 - 18:01 | 4267109 tenpanhandle
tenpanhandle's picture

Ah Ha....that's why I feel like I got a knife shoved up my ass with this hopi-changie stuff.

Sat, 12/21/2013 - 17:29 | 4267063 Radical Marijuana
Radical Marijuana's picture

I assume you are joking, Jumbotron? Just think about the first comment under this article to get a clue to answer your question.

Personally, I think it is more important what the banksters do, than who they are. But nevertheless, although they are NOT homogeneous:



the leadning representatives of the banksters are obviously members of one kind of "Tribe."

Janet Yellen Exposed - The Truth Behind The Myth

To belabour the obvious:

"Yellen will become the 5th consecutive Jewish Fed Chair over the past 43 years (discounting the Gentile William Miller who only served 18 months before being suddenly replaced; 1978-79) The statistical probability of this incredible Jewish streak (Burns, Volcker, Greenspan, Bernanke, Yellen) being 'coincidental' represents a virtual mathematical impossibility. If Jews account for just 2% of the general population, then, all things being equal, there would be a 1/50 chance of a single Jew being selected as Fed Chair. The odds of FIVE consecutive Jews would therefore be 1/50 x 1/50 x 1/50 x 1/50 x 1/50 = 1 in 312,500,000!"

Golly Gee, I wonder if who also dominates the mass media has anything to do with why Yellen's qualifications have been misrepresented?

Since everyone is forced to use Federal Reserve Notes to pay taxes, (or the corresponding currencies in their own countries) the banksters' cancerous effects have thoroughly metastasized! Everyone that owns any property, measured by any amount of money, has been plugged into having to defend the banksters' systems, in order to defend their own little piece of the pie. There is hardly anyone who is now not part of the globalized systems of organized lies, operating organized robberies, however, the facts are the facts about which cultural group dominates the so-called Anglo-American empire. BUT, that does not mean that those superficial symbols of that organized crime gang are important with respect to what they do, since what they do is the important thing, NOT who they are!

Sat, 12/21/2013 - 21:11 | 4267358 laosuwan
laosuwan's picture

If Jews account for just 2% of the general population, then, all things being equal, there would be a 1/50 chance of a single Jew being selected as Fed Chair.


Fed chairs are not selected from the general population

Sat, 12/21/2013 - 11:40 | 4266532 runningman18
runningman18's picture

Bernanke doesn't control anything, he's just a stooge for international financiers like every other central bank mascot.  And by the way, who provides the list of people the President gets to choose from when "appointing" the Fed chairman?  The author's second quote pretty much covers your question.

"It must not be felt that the heads of the world's chief central banks were themselves substantive powers in world finance. They were not. Rather they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up, and who were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investment bankers who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks. " - Carroll Quigley, Tragedy And Hope

Sat, 12/21/2013 - 13:40 | 4266754 nabi
nabi's picture

This article explains what's going on with a move (i.e., "taper") that seems counter-intuitive to all who believe they are trying to save the system.  They aren't trying to save it; they are trying to lay the blame for its (desired) collapse at the feet of anyone and everyone else...


Sat, 12/21/2013 - 17:11 | 4267054 Radical Marijuana
Radical Marijuana's picture

Thanks for again pointing out that quote from Quigley, runningman18!

The basic mechanisms of control are lies, backed by violence. Those mechanisms of deceit backed by destruction get ordered into layers, because the direction of effective violence gets buried under layers, which protect the source of that violence, while still enabling it to act.

The first book on the Art of War starts by saying that "success in war is based on deceit" and ends by saying that "spies are the most important soldiers." Through those means, the money system was built on top of the murder system, while the War Kings morphed into becoming the Fraud Kings. As money became more important than physical power, the accountants took control of the best organized crime gangs, which took control over governments, in order to back up the biggest frauds, such as the way that the monetary and taxation systems operate to force everyone into debt slavery conditions.

However, those mechanisms of backing up lies with violence have the seeds of their own destruction within them. Not only do they require wide-spread deliberate ignorance to operate, but also, as time passes, the lies get further and further way from objective realities. After all, the enforcement of legalized lies never makes those lies become true, but rather drives the society as a whole to become more psychotic!

Human civilizations are energy systems, which are controlled by their most labile components, which are the most dishonest and violent people, which are wrapped in layers of organized lies, operating organized robberies, with murder being the most extreme form of that robbery. That has made the control over civilization work through nested systems of secrecy, directing the enforcement of force backed frauds. However, the runaway triumphs of the international banksters being able to control governments, and civilization as a whole, are themselves their own worst enemies, since the more triumphant fraud becomes, the more it undermines its own foundation.

Moreover, there are much deeper factors at play now than merely the triumphs of the international banksters creating a fundamentally fraudulent financially accounting system to pay for strip-mining planet Earth. There are more and more signs of the times that we are reaching real limits to being able to continue to do that.


Basic food crop productions are not growing like they used to be able to, and were therefore expected to continue to be able to:

While the GMO food crops are more and more demonstrated to have been developed in psychotic ways, since that agribusiness was dominated by the same kinds of banksters that dominated everything else through mechanisms of lies backed by violence, attempting to privatize the planet, while actually killing it off through that process:

Qugley's "Tragedy" is much more obvious than his "Hope."

Each time there is another short-term success of another increment of more legalized lies, backed by legalized violence, driving the direction that civilization develops in, the more overall psychotic society becomes. We are way past merely "Ending the Fed" as any kind of sufficient solution to our problems becoming trillions of times bigger than any that ever existed before in human history. But nevertheless, I too hold on to my own mutant version of Quigley's "Hope," no matter how implausible that appears to be at the present time ...

Sat, 12/21/2013 - 11:42 | 4266539 roadhazard
roadhazard's picture

Just look at who runs the FED/Central Banks. Not the Governments. Appointing Chairmen is fluff for the masses.

Sat, 12/21/2013 - 11:58 | 4266556 Ms. Erable
Ms. Erable's picture

The Fed chair is chosen from a list of names submitted by... the Fed. How exactly does that put El Presidente in charge of anything?

Sat, 12/21/2013 - 13:01 | 4266687 Tall Tom
Tall Tom's picture

When I read utter nonsense as the President chooses the Head of the Fed I do not even bother to reply. The people whom post this nonsense are into wasting YOUR productive time.


What you wrote is common knowledge for anyone with an inkling for the truth.


If others really want the truth then they usually ask questions rather than spout off total and utter nonsense. I have learned to just down arrow Troll Posts and not bother responding.


You, of course, deserve 100,000 Up Arrows for your post.

Sat, 12/21/2013 - 13:41 | 4266757 DoChenRollingBearing
DoChenRollingBearing's picture

As do you.

Sat, 12/21/2013 - 18:03 | 4267112 Ms. Erable
Ms. Erable's picture

TT, I appreciate the advice (and who couldn't use an extra 100k?), but ZH is my infotainment for the week (thankfully more info than tainment, but then that's part of what the comments section is for me). Certainly more useful than reading about some King Duck and his personal opinions about butt-fucking cows, or pics of some metrosexual cow butt-fucker sucking his thumb while wearing PJs intended for use by the 12 and under crowd.

Sat, 12/21/2013 - 12:06 | 4266571 jballz
jballz's picture


are you a troll or a fucking imbecile?



Sat, 12/21/2013 - 12:15 | 4266585 ISEEIT
ISEEIT's picture

This may sound snide...But it's simply reality.

Truth exist independent of your comprehension of it.

Sat, 12/21/2013 - 19:35 | 4267217 DaveyJones
DaveyJones's picture

i feel the same way about santa

Sat, 12/21/2013 - 12:25 | 4266614 Seer
Seer's picture

MONEY rules the world.

POTUS is an "executive," merely steerage.  The payloads happen elsewhere.  And, well, the POTUS is just a distraction, an amusement for the masses.

Power radiates.  As the USD is the world's reserve currency the Fed and its control over it means that the Fed has a larger influence than just any old central bank.

No, perhaps no direct control, but just like the game of Chess, you make moves in an attempt to force your opponents to make bad moves.

Sat, 12/21/2013 - 14:10 | 4266807 Eric L. Prentis
Eric L. Prentis's picture

Money does not rule the world, ideas do, and the moneyed financial elite know that fact.

Sat, 12/21/2013 - 18:37 | 4266919 Kirk2NCC1701
Kirk2NCC1701's picture

But Ideas are "for sale".  Like almost everything else.  Ever heard of IP (Intellectual Property)?  I.e., Copyrights, Patents, Trade Secrets?  You think it a coincidence that big companies have so many patents and a small army of patent and litigation lawyers?

Big Fish eat little fish (small companies are 'programmed' to have an Exit Strategy, i.e. to have pre-planned way to sell out to a bigger fish):  YOU little-fry/stir-fry can take all the high-risk moves at the beginning (high mortality), risk Capital, put in all the sweat-equity.  Then, when you product or service has proven itself and is generating some interesting cashflow, "WE" (the moneyed boys in the Shark Tank) will come in and help you "grow" the business (scale the biz model).  And if you have any old-fashioned ideas of growing it w/o us, we'll just have your competitors bury you on margin or litigation.

Sat, 12/21/2013 - 19:38 | 4267222 DaveyJones
DaveyJones's picture

it's gotten much worse

it's over when they start to patent life and seed

Sat, 12/21/2013 - 16:18 | 4266987 Emergency Ward
Emergency Ward's picture

That's why they always try to co-opt the scholar class members, who gild nonsensical ideas with a plethora of big words, intellectual bullying, sophism and plenty of run-on sentences to boggle lesser minds into submission.  Hello Krugman!

Sat, 12/21/2013 - 12:34 | 4266629 Rafferty
Rafferty's picture

Are you being serious, or are you a troll?

Sat, 12/21/2013 - 13:55 | 4266784 FilthyPhil37
FilthyPhil37's picture

Arius, do you not know what happened in Italy and Greece in November, 2011? If you really think that the political system still dominates the economic--the fiat currency system--you have a lot of recent history to become informed about. Read some Poulantzas, ffs.

Sat, 12/21/2013 - 14:43 | 4266867 WillyGroper
WillyGroper's picture

How? By the same one's that appoint the president.

Sat, 12/21/2013 - 16:20 | 4266995 sgt_doom
sgt_doom's picture

Who in the Hell wants to reply to this idiot (Arius)?

Sat, 12/21/2013 - 18:51 | 4267156 Arius
Arius's picture

Dan - i am bullish on Japan but not on japanese yen.  the fact that i read ZH doesnt mean that i do not have to think and draw conclusions for myself ... just saying ... thanks for the effort though ... pass it along ....

Sat, 12/21/2013 - 18:46 | 4267148 Radical Marijuana
Radical Marijuana's picture

Arius, no culture has a monopoly on the principles of methods of organized crime. China was forced to copy the Anglo-American (Zionist) empire's techniques, as well as to try to excell at those. Therefore, China is now making way more "money" out of nothing than the USA is! Similarly, as an illustration, the scientific technology that currently enables China to be operating a rover on the Moon is due to them learning, and trying to excell at, what was once Western science and technology. However, obviously, that Western world no more has an inherent monopoly on the principles and methods of organized crime, than the Western world could hold on to a monopoly over science and technology generally.

For insight into the runaway globalization of banksterism, (where the ruling classes in different countries may have more in common than with the lower classes within their own country) and the current conflict that generates, I recommend this article:

Making the World Safe for Banksters:

Syria In the Cross-hairs

By Ellen Brown, September 5, 2013.

The countries without a central bank, integrated into the global sysetms, were the ones on the Pentagon's list for destruction (see General Wesley Clark YouTubes). Most of those have already been destroyed, or are currently being destroyed. The big battle lines now are between countries that have some real public control over their central bank, versus countries whose central bank has de facto privatized control. (That is not a strictly legal question, of what is written on paper, but more the degree to which the global bankster system, such as through the Bank of International Settlements, is able to tell various National Banks, and National governments, what to do.)

Ironically, China was already in a form which the banksters approved of, as a horrible model pointing towards possible aspects of some future global government. Indeed, reducing Americans to end up being more like the Chinese are now is one way to express what this article by Brandon Smith was talking about! However, Arius, you may be correct that China is no longer taking orders from the Anglo-American establishment, (which is why a previous article by Brandon Smith discussed the chances of war with China.)

THERE IS NO DOUBT THAT QUIGLEY WAS CORRECT ABOUT THE PERIOD OF HISTORY THAT HE WAS WRITING ABOUT, WHICH WAS FROM THE HEIGHT OF THE BRITISH EMPIRE, TO JUST AFTER WORLD WAR II. However, things are changing fast, with the rise of other countries to equal, or perhaps surpass, the social organization and technologies which the Anglo-American (Zionist) establishment used to be able to dominate so much more totally.

Today, we are obviously on the trajectory of globalization, which threatens to play through the destruction of the contradictory nature of the ways that runaway organized crime is controlling what civilization is doing. Personally, I no longer believe that the globalized banksters actually are in control anymore. Rather, I think that the whole system that they originally made and maintained is now out of the control of any group of human beings. Therefore, I am not confident that anyone can provide a good account of what is really going on, since I do not believe anyone could possibly actually know nor predict that anymore ...


Arius, if you want to entertain yourself in order to raise your "payrate" related to these topics, then I recommend this collection of free videos to watch:

Sat, 12/21/2013 - 18:56 | 4267160 Arius
Arius's picture

Thanks i will look at it.  but you are putting too much thought on my stupid rumblings ...


"no culture has a monopoly on the principles of methods of organized crime."  i thought italians had that monopoly, at least thats what we are told by mass media ... you know capishe and all that stuff ...

Sat, 12/21/2013 - 19:20 | 4267185 Radical Marijuana
Radical Marijuana's picture

The geographical places that had a long history of having wave after wave of different empires rampage back and forth through their territories tended to be the ones that were most forced to develop their own localized organized crime potential, as their form of local government, in order to cope with that. Italian immigrants brought their culture with them, when they came to America. (Surviving through the decline and fall of the Roman Empire, and the other vicissitudes of history, may teach a thing or two.) That Italian-rooted organized crime followed the trajectory of success, whereby they gradually substituted lawyers and accountants, instead of relying on violence. One of the weirdest things, that I repeat is important, is the way that the ACCOUNTANTS were able to take control over the organized crime gangs, as those became more sophisticated. The next level of extreme weirdness is that those ACCOUNTANTS have become more computerized. Thus, the modern systems are global electronic fiat money frauds, backed by atomic bombs, which had their roots in gold and silver coins, backed by swords and spears, then went through phases of rifles and cannons backing up paper money, fractional reserve banking. HOWEVER, the current systems have been amplified trillions of times by electronics and atomic power, in ways which are way too wild and weird to predict what is going to happen to the old-fashioned social pyramid systems.

Some of the best books of rules for operating organized crime gangs, or social pyramid systems, came out of the Middle East, and those forms of Neolithic Civilization were successful in spreading throughout Europe, and then conquering most of the rest of the world. BUT, I REPEAT, THERE IS NOTHING NECESSARILY UNIQUE TO ANY ONE CULTURAL GROUP THAT PREVENTS OTHERS FROM ALSO DEVELOPING THEIR OWN METHODS OF ORGANIZED CRIME, WHICH, WHEN SUCCESSFUL ENOUGH, BECOMES THEIR GOVERNMENT.

Sun, 12/22/2013 - 07:52 | 4268130 Disenchanted
Disenchanted's picture

The greatest 'Italian' mobster accountant Godfather ever...Meyer Lansky.

Sat, 12/21/2013 - 13:52 | 4266778 Exponere Mendaces
Exponere Mendaces's picture

@dick cheneys ghost

Yep, like closet bigots and tryhards that love to post their meal instagrams. They are beyond reproach.

Sat, 12/21/2013 - 18:30 | 4267136 dick cheneys ghost
dick cheneys ghost's picture

hey look, I got 100 up votes on my comment........thanks for ur support!!


Sat, 12/21/2013 - 16:58 | 4267042 autofixer
autofixer's picture


Sat, 12/21/2013 - 17:59 | 4267107 Seer
Seer's picture

I'm missing the context, but, anyone mentioning Voltaire gets an up-vote from me :-)

Sat, 12/21/2013 - 18:38 | 4267140 Kinskian
Kinskian's picture

I believe he's referring to the quote in the first post, although the quote might not actually have been Voltaire's.

He did say this... "You will only find in [them] an ignorant and barbarous people, who for a long time have joined the most sordid avarice to the most detestable superstition and to the most invincible hatred of all peoples which tolerate and enrich them." 



Sat, 12/21/2013 - 19:19 | 4267189 Radical Marijuana
Radical Marijuana's picture

Dick Cheney's Ghost, "Spirit of Darth Vader," posted the first comment under this article, which quoted Voltaire.

Sat, 12/21/2013 - 19:58 | 4267235 Kinskian
Kinskian's picture

Probably not Voltaire, unless you've found the original source of the quote.

Sat, 12/21/2013 - 20:12 | 4267257 Radical Marijuana
Radical Marijuana's picture

Oops! It seems that way too many of the "best" quotes have been misattributed. Thanks for pointing that out, Kinshian!

Meanwhile, along the lines of the silly "Spirit of Darth Vader," here is a goofy little YouTube clip:

Sun, 12/22/2013 - 07:49 | 4268127 Disenchanted
Disenchanted's picture

Does the attribution really matter if the quote speaks the truth?

Sun, 12/22/2013 - 17:07 | 4269125 Radical Marijuana
Radical Marijuana's picture

Good question, Disenchanted!

What comes from the "authority" of the statement?

I am not sure of the answer to that question. However, I feel embarrassed when I think I was quoting a famous figure state what I thought was a correct insight ... only later to discover that that quote had apparently been misattributed. It bothers me that several of my favourite quotes appear to fall into that category. I may continue to make the statement, but feel that I ought to avoid repeating the mistaken misattribution.

Sat, 12/21/2013 - 18:45 | 4267150 DaveyJones
DaveyJones's picture

Mr. Cheney, thank you for coming clean

Sat, 12/21/2013 - 19:11 | 4267174 Jannn
Jannn's picture
Koos Jansen: China will have imported 2,000 tonnes of gold this year

Sat, 12/21/2013 - 11:21 | 4266508 SheepleLOVEched...
SheepleLOVEcheddarbaybiscuits's picture

Interesting article. You guys should read Tragedy and Hope, by Carroll Quigley. Really great book, I wish I would have read it in undergrad.

Sat, 12/21/2013 - 11:31 | 4266521 Gordon Freeman
Gordon Freeman's picture

I get it! I get it! "Brandon Smith" spends the last five years whining about the evils of QE, but now is up in arms that QE is being phased out--so it was a really great idea all along--or something...

Note to Smith: STFU

Sat, 12/21/2013 - 11:41 | 4266535 fonzannoon
fonzannoon's picture

The awesome part is after an announcement of a 10 billion cut to 75 BILLION he falls hook line and sinker for the idea that the fed is truly unwinding QE to allow a total collapse. Either he is a total sucker or he is just trying to grab some attention with his walking dead zombie collapse bullshit.


Sat, 12/21/2013 - 12:23 | 4266598 Renewable Life
Renewable Life's picture

Like everything in the world of cult and conspiracy busting, pay little attention to the timing "element" IN this article, but the timing OF the article!!! The timing IN the article is the control element that always fails, thus on the surface appearing to discredit the author's ideas!

All the critics can then point to the timing being wrong, therefore everything said in the article must be wrong too! This "game" they play, allows for the information to "exist" in a free society (and be discredited), while also confusing the "believers" as well! Intelligence agencies in the West have adopted this theory, as one of their chief principles of propaganda and anti-propaganda!

But what's interesting about this article, is the deadly accurate explanation of what the "centralized banking" order is all about and the truth about the purpose of their existence!!

The real question is, why now?

Sat, 12/21/2013 - 16:13 | 4266981 Kirk2NCC1701
Kirk2NCC1701's picture

"Why now?"  Why does a ship captain cease going "full steam ahead"?  Because he no longer needs to (having accomplished what he intended), and now wants to manage mid- and longer-term risk at slower speeds.

What we still don't know (as confirmed FACT) is what the END-GAME is... other than a prep for a Neo-Feudal, Oligarchical World Order, where the richest families in each country rule that way monarchs and aristocrats used to. 

As such, they cannot allow any "rogue actors" (groups or nation-states) to threaten their global model, by having arms with which they could resist an invasion.  Note well, that ABC weapons are held by MANY nations with private Central Banks.  It is only nations that do not have private CBs, who are declared as "lepers" and outcasts.  Iraq, Iran, NK were/are just convenient mid-term players and events.  The End-Game players and territory to conquer are China and Russia.  Only then will the mask of the NWO come off, the chairs be removed and the curtain pulled back, to reveal the brick wall of world rule.

It is not a coincidence that Zionists are at the center of all this.  This is done more out of pragmatism than proclaimed ideology.  The sheer pragmatism is, that only a small and homogenous group can be used to create a national system (with total and uncompromising commitment, dedication and focus) to bring about a ruling system, with which to rule over the the world's great unwashed masses, the hordes of Sheeple.  And this System is centered on the god of money: Mammon.  Whom they all worship and will soon force everyone else to worship also, when you won't be able to buy or sell, w/o their Seal of Approval and w/o them knowing of your every transaction in real time.

NWO = Full Spectrum Domination & Control of the world's masses.  Where the Few -- the Chosen Few -- will rule over the Many.  And proclaim to do it in the name of some deity.  You just wait and see.

Sat, 12/21/2013 - 18:09 | 4267121 Seer
Seer's picture

Levers of power are subject to the laws of nature.

Eventually there won't be enough actual power to hold back entropy.  The "middle class" is the element that helps prop up the oligarchy (in their larger numbers that is), as it dwindles the NWO power goes with it.

Again, I don't believe that there's anything nefarious going on that hasn't always been going on.  What is happening is that physical reality, which any NWO folks require, is going to drastically exert itself.

Most "ruling" is in one's mind.  If you're free there then there's little that others can really do to you in this regard.  "The meek shall inherit the earth."  The "meek" know how to actually live within the constraints of the real world, the NWO group (who require excesses) doesn't.

It is, therefore for me, a matter of whether one is on the side (in the position) or excess or not.  Yeah, being on the side (condition/position) of "deficiency" is bad, which is why people must be proactive in maintaining a state of sufficiency.

Sat, 12/21/2013 - 16:45 | 4267026 nightshiftsucks
nightshiftsucks's picture

Yep Fonz and that's why they want our guns.The stupid mother fuckers in charge know that if the citizens of this country dreams are crashed and their kids have no future then we will kill the mother fuckers who did this to us.They will print until the end.

Sat, 12/21/2013 - 18:16 | 4267129 Seer
Seer's picture


They've got fucking drones!  And all sorts of bombs and shit (look at what the Israelis do- fucking don't care if they bomb a bunch of civilians in order to get the "bad guys.).

The "dreams" were what was used to control us in the first place!  The trick (you really ought to read up on Edward Bernays) was to get us to believe in things that stepped outside the boundaries of the physical world, to believe in the "virtual," where brainwashing is readily possible.

As for "killing the mother fuckers who did this to us" (a partail thumbs up for using the word "fuckers" :-) ), do you think that there might be a whole lot of people around the globes who would be lumping us in with that group? (which is one reason why I think it bad advice to encourage white folks to run off to some other country to escape from what's happening, when most of the other countries to escape to are comprised of non-whites who have likely been fucked by whites)

My wife is from the Philippines.  I've got a pretty good idea what the world outside of the U.S. (reality) looks like...

"They will print until the end."  Of course!  There is no other way to mimic growth.  And until we understand that the game is all about this, mimicking growth, and the longer we'll fail to understand what's really driving the "demise" of the System the longer it'll be before we can even begin to engage in any real "solutions."

Sun, 12/22/2013 - 17:17 | 4269153 WarPony
WarPony's picture

There isn't anything they can build that cannot be used against them.

Sat, 12/21/2013 - 11:45 | 4266544 runningman18
runningman18's picture

I think he's saying that we are screwed either way, and that the taper shows we are more likely to be screwed by default.  I didn't see any whining in there, just a solid overview of the problem. 

Sat, 12/21/2013 - 11:52 | 4266550 fonzannoon
fonzannoon's picture

I actually agree with some of his thoughts about the central banks working in concert, and using all the major banks as well to accomplish their plan. Which makes his conclusion completely inaccurate. Again, a one month announcement of a small decrease in the massive amount of purchases coupled with them dismantling the whole 6.5% unemployment nonsense as well as a pledge to keep rates at 0% forever is not a decrease in QE. Not even close. So for Smith to take that and run with it as his thesis that they are in fact unwinding QE is completely wrong. Which then makes his assertion that the fed is pushing us towards a planned collapse, is also wrong by default. 


Sat, 12/21/2013 - 11:59 | 4266561 runningman18
runningman18's picture

I think we read two different articles.  The author said the psychology behind the cuts was more important than the size of the cuts.  The fed is using the taper to put distance between itself and a collapse caused by default, not by the taper.  Where does he say the taper will be the cause? 

Sat, 12/21/2013 - 12:09 | 4266575 fonzannoon
fonzannoon's picture

"So then, why has the taper been introduced at all? No one wants it. The government shouldn't want it. Investors certainly don't want it. Our economy is utterly dependent on the opposite. What purpose does it serve?

The assumption has always been that the Fed wants to keep the system afloat. I submit that things have changed. I submit that the Fed no longer wishes to prop up our fiscal structure, or at least, no longer wishes to be seen as propping it up. I submit that the Fed is not pursuing dollar destruction through standard hyperinflation, but rather, they are preparing the U.S. for default, which also will result in currency implosion."

It seems to me that the author is taking a 10 billion dollar taper (and leaving out the zirp forever pledge which the market correctly saw as the bigger deal) and extrapolating it to mean the fed no longer intends to keep the system afloat. The fed is on course to own the entire bond market. Whether that comes or does not come with a currency collapse is yet to be seen. But this taper was second fiddle to them eliminating the idea that they will ever raise rates. It's same as it ever was for the fed. Nothing has changed.

Sat, 12/21/2013 - 12:18 | 4266594 runningman18
runningman18's picture

"I submit that the Fed no longer wishes to prop up our fiscal structure, or at least, no longer wishes to be seen as propping it up."

I think that's kind of the key there.  It's about the psychology, not the cuts.  The author never says that the cuts are the main threat, it's the idea that the federal reserve is making it seem like thier job is done while it definitely isn't done.  I think Smith presents a valid question.  Why are they distancing themselves?  To me, the theory that they are preparing for a major event fits.  

Sat, 12/21/2013 - 12:25 | 4266609 fonzannoon
fonzannoon's picture

I hear you. I just think what they said about eliminating the 6.5% UE goal post was a bigger deal. It means they will be in here forever. They are not distancing themselves. I think the odds are better that we get a weak manufactured jobs report in the spring and Yellen goes right back to, or above 85 billion. We are 5 years in and 3 QE's later and at 85/75 bil a month, and now we established zirp for ever. The trajectory is only going one way. This was not the beginning of a change in direction. 

Sat, 12/21/2013 - 12:29 | 4266622 runningman18
runningman18's picture

I agree.  They are not distancing themselves technically, but they are distancing themselves in the public eye.  The average person doesn't know what we know about the fed.  What Smith is talking about is the taper as a ruse to fool John Q Public into not seeing the central bank as the source of the collapse when a collapse happens.  That is my take, anyway. 

Sat, 12/21/2013 - 13:12 | 4266703 Seer
Seer's picture

I don't think that "John Q Public" has any notion of QE or really about the Fed in general.  So, there's no ruse, really.  More so it's about setting up the storyline (giving the talking-heads words to write headlines to for posterity), perhaps this is a conclusion of Ben's era as Fed chairman- cutting QE shows a winding down of a "successful" campaign.

The Fed cannot continue QE forever because there are only so many assets it can gobble up.  There is, and always has been, only one conclusion: default.  The Fed will default and take with it all the bad asset entries.  US politicians crank up a new central bank.  We start from scratch.

"a ruse to fool John Q Public into not seeing the central bank as the source of the collapse when a collapse happens."

The Fed isn't the definative source of the problem: that lies in the perpetual growth business- yeah, the Fed and other central banks promote pepetual growth, but they don't cause it; fine line I suppose, one that really doesn't make too much difference.  Anyway...

If John Q Public isn't meant to see the Fed as the excuse then what IS to be the scapegoat?

I still think that the Fed is and will be the scapegoat.  I believe so because it can be disconnected from the govt quite readily: it's not an official arm of the US govt so it can be hacked off. If the US govt were to claim responsibility then, with some sort of default being impossible to avoid, it would almost certainly have to engage in wars to thwart attempts of collection from external entities.  If the Fed blows up then what is there to litigate with/against? (keep in mind that the US govt can hide a lot of dirt by merely declaring a "national emergency")

Sat, 12/21/2013 - 13:46 | 4266758 runningman18
runningman18's picture

I disagree, and so does Carroll Quigley, an insider in this mess.  The central banks are pivotol in the creation of the bubbles that have caused the ongoing collapse, and according to Quigley, the control and manipulation is deliberate.  Without the fed, there would be no debt and derivatives nightmare, and by extension, no call for central moderation of the global economy.  The fed may well be sacrificed too, but the people behind the fed will never suffer for it.  They'll just climb the ladder over to the IMF, where the ultimate power is being placed. 

As far as the public's perception of the fed, I think you underestimate the power of media propaganda.  All the masses need is to hear "taper commences" and "mission accomplished" on CNN, and that is what they will parrot when asked about the state of the economy.

The scapegoat will be "government ineptitude", as discussed in the article above.  I find that scenario far more believable than the Fed being chopped off at the elbow. 

Sat, 12/21/2013 - 18:38 | 4267142 Seer
Seer's picture

Yes, I absolutely agree that the banks have been essential elements in perpetuation of bubbles; however, when our very basis of economic existence is predicated on one huge bubble, that being perpertual growth on a finite planet, and that we ALL swallow this, then that gives ready rise to all sorts of distortions, free passes are very easy.

"Without the fed, there would be no debt and derivatives nightmare, and by extension, no call for central moderation of the global economy."

We could only wish... I'm afraid that if not the Fed then it would have to be something else that is perpetuating the grow-or-die meme.  I just believe that the problem is more deep-seated than just the stucture, that's it's rooted in the premise.  I just tend to always want to re-evaluate premises, especially when confronted by perpelexing moments/events.

"As far as the public's perception of the fed, I think you underestimate the power of media propaganda.  All the masses need is to hear "taper commences" and "mission accomplished" on CNN, and that is what they will parrot when asked about the state of the economy."

I understand what you're saying here.  Note that I'm quite ready to hold up the accomplishments of Edward Bernays.  I'd also stated that I thought that the "significance" of this "announcement" had more to do with presenting a nice wrap-up for Bernanke's legacy than anything else.  So, yes, we're both seeing with eyes open here...  I do not, however, believe that the "public" is or can really debate on what it all means, in which case it then really means little to them (and, having taken the Red Pill I'd have to say that I often wonder what the value of seeing it otherwise actually gets me).

"The scapegoat will be "government ineptitude", as discussed in the article above.  I find that scenario far more believable than the Fed being chopped off at the elbow. "

Again, everyone is free to conjecture here, and you are just as likely to be proven correct as I.  I am merely pointing out things that don't seem to be exposed to the light of day, things that often aren't accepted at "cooler events."  Since there's a lot more levels of deception going on than most can imagine I'm tending to drift more toward the "truth" being found at the edges (rather than on the popular angles)...  Dependencies on the govt are big and widespead; the govt has the "authority" to declare "national emergencies" as well as how and who is responsible for the issuance of "currencies"- and it also commands a pretty intimidating "enfocement" branch; it is for these reasons why I believe the ending to the bad chapter is easier to be written with the Fed going down than the govt.  And, yes, the "forces/power" of the bankers will continue to be working behind the scenes...

That which cannot continue forever won't.  Hopefully we're all working on our individual paths...

Sat, 12/21/2013 - 20:50 | 4267320 flapdoodle
flapdoodle's picture

In line with the meme of "government ineptitude", the whole Obamacare fiasco IMHO is all engineered to drive home that point.

ACA is meant to fail in a very visible, recognizable way (even by Obama voters)... and from the beginning it was set up that way, and I think the reason is far more subtle and sinister than just trying to get to a single payer system,

Obama himself was brought on stage as the fall guy: things will fall apart on his watch, and the rest of government will claim its Obama's fault, not TPTB deciders or the lifetime bureaucrat/politician flunkies who do their bidding... The entire Obama ecology is *meant* to grate those who believe in the traditional US values.

There is a huge mindfuck taking place folks, and something evil this way comes...

Sun, 12/22/2013 - 00:35 | 4267764 Spanky
Spanky's picture

If John Q Public isn't meant to see the Fed as the excuse then what IS to be the scapegoat? -- Seer

Congress. The scapegoat will be democracy...

Sat, 12/21/2013 - 13:32 | 4266742 Tall Tom
Tall Tom's picture

John Q Public has no clue about what QE least from my own anecdotal experiences. John Q Public has no idea on what the Federal Reserve Bank is, how it operates, what the mission is, etc...etc...etc...


To propose that the move for Taper is a Politically Motivated Move to separate the Fed responsibility from the Fed action is a really far stretch.


No. There is something else, much deeper, much more profound, going on.


I think that there are massive imbalances in the Derivatives Market Interest Rate Swaps. They are going to have to sacrifice a Large Bank, or two, and will load them with the Toxic end of the trades in order to continue the game. I have been hearing reports, rumors, of this, sporadically, since last August.


I understand that the moves do not seem large but the problem is that the trades are levered. They are going to use the Taper as an THE FINANCIAL COMMUNITY (they do not give a fuck about J.Q. Public) to take down a large Bank.


The Derivatives Market Bubble Collapse will cook all of the World Economies.


I am not sure...but I believe that polliticking, pandering to John Q. Public, is NOT the reason for this action now. There is something much deeper going on. 


Brandon is correct when he reports that DEFAULT will destroy the Currency as the LOSS OF CONFIDENCE from the subseqent collapse of the Government will be far too dificult to overcome. Hyperdeflaions kill Currencies as well as Hyperinflations.

Sat, 12/21/2013 - 15:22 | 4266908 WillyGroper
WillyGroper's picture

Go no further than paragraph 2 to see just those preperations being made.

Sat, 12/21/2013 - 18:04 | 4267111 WhackoWarner
WhackoWarner's picture

Thank you for the link.

I too think someone who thinks they are immune BUT have offended is going down.

It is like Sinclair has said for years;  It is the derivatives stupid, the f***ing derivative bets on the flapping of butterfly wings in the rainforest.  With a healthy dose of young immoral math grads playing around for fun.

Sat, 12/21/2013 - 18:49 | 4267153 Seer
Seer's picture

The derivatives represent the "cloak" to cover for the reality of no-growth.  When that gets exposed I'm afraid the entire grow-or-die meme gets blown to bits.  The music will surely stop when/after we have to face the lies that the derivatives have helped cover up.

And this derivatives market is also likely to draw attention away from govt complicity*: more of the "it's all the fault of the evil bankers and investors" story line that I believe will be the history presented for the Fed being let go (and taking a lot of this shit down with it).

* There's a circular funtion with those opposed to govt interference trying to explain how the govt wasn't able to supervise this all from happening.   NOTE: it's all tied together, but somewhere along the line one element has to be scapegoated/sacrificed (does the face of "banking" get offered up, or will it be the face of "govt?")

Sat, 12/21/2013 - 20:41 | 4267309 Kayman
Kayman's picture


I take it that unsecured creditors means depositors. Oh, and that bonuses paid for past crooked performances may be retained by the criminals.  Yeah... I thought so....

Sat, 12/21/2013 - 21:53 | 4267416 WillyGroper
WillyGroper's picture


Sat, 12/21/2013 - 12:53 | 4266673 Seer
Seer's picture

"Why are they distancing themselves?  To me, the theory that they are preparing for a major event fits."

The entire function of the Fed is remain a mystery such that no big elements can counter their actions: and if it appears that big elements have done so then one ought to consider that this is what the Fed intended.

It's shark-infested waters that the Fed is navigating in.  And, like it or not, the Fed is the only thing managing to provide some sense of stability: I'm not saying that I agree that the Fed is the "solution" or that it will "save" things, just that they'd be out in a heartbeat if they didn't maintain some sense of control.  Given the horrible state of things and that there has been no collapse to-date one can only marvel: the Fed, in my opinion, has managed to play off the other central banks quite well, and it's been this action that has kept the collapse at bay.

I'll continue to stick to my theory that the Fed will be the bagholder of all the shitty assets.  And in the end, can anyone think of a more "favorable" bagholder? (do you want it to be foreign entities?)  The System is NOT salvagable, never was.

The "major event" is the event that we were long-ago programmed to hit.  It's got nothing to do with NWO*, and everything to do with the realities of hitting the wall on growth.  * NWO is no more than a continued effort to standardize in an effort to maintain stability: I see this as a quite rational response, not sinister (though power will of course abuse it, thereby negating any positives); but, because it'll still be predicated on the impossible -perpetual growth on a finite planet- it will fail.

So... "the main 'threat'" is the lack of growth.  Might as well start up a program to shout out the darkness...

Sat, 12/21/2013 - 12:58 | 4266679 fonzannoon
fonzannoon's picture

I usually go with "it's all bullshit". I like your summary much better.

Sat, 12/21/2013 - 13:26 | 4266734 Seer
Seer's picture

fonz, I'm as cynical as the next person, but I've learned that not all is done with evil intent.  I think most can be described with the adage that "The road to hell was paved with good intentions."  We never seem to have enough information to make the proper decisions: further, we always think in terms of "solutions," when "solutions" are things of permanence and we're in constant flux; we sign ourselves over to snake-oil solutions in our quest to stabilize the flux.

As to the Fed, yeah, I think that part of their job (well, much of the those in the higher chairs) IS to bullshit.  Assuming that they could actually do something good I would think that coming out and stating exactly what they are intending to do would encounter forces that would derail such intents.  It's high-stakes poker, watching the game is NO way to obtain the truth: when the game is over there's more to learn, assuming that one doesn't end up as collateral damange from any shootout.

At some point we've got to recognize that we gave it all our best shot (knowing what we did) and we can no longer operate this way.  My "hope" (which means that I have ZERO control over it) is that we come to understand that the concentration of power is not a good thing, and that we're better served by taking lumps daily (w/o the "protection" afforded by TPTB) rather than letting it build up to infrequent events (which can be cataclysmic): this would go for everything, not just some "banking system."  At the very least, NO ONE who has held positions of power should ever again be allowed to hold positions of power.

Sat, 12/21/2013 - 20:39 | 4267302 drdolittle
drdolittle's picture

And advanced incompetence is indistinguishable from malice.

But, I think mega rich are maneuvering to control the masses with debt slavery. It is evil intent.

Sat, 12/21/2013 - 13:13 | 4266710 runningman18
runningman18's picture

There's "nothing sinister" about the purposeful undermining of the dollar and the building of a global economic system run by a few banking elitists? 

I'll have to disagree with you on that one.

Sat, 12/21/2013 - 16:33 | 4267014 new game
new game's picture

until the board of goveners can be removed by vote of results and money creation is offset by a tangible asset it is "all bullshit" to keep power and reward the oath -Liars - ie money changers(bankers) with money that was not earned(skimed)by toil and hard work...

that only deals with the front men at the teller windows. what about the real wealth holders?

ie. secret society of 100b to 1 t of accumulated wealth and power. shareholder of the shareholders...

Sat, 12/21/2013 - 19:03 | 4267167 Seer
Seer's picture

Describing something as "sinister" in a "sinister" world as though it's "sinister" is, well, interesting...

Fiat is a big fucking lie.  The entire world is oeprating from the basis of fiat.

Undermining something "sinister" in a "sinister" way is, again, an interesting perspective.  I just find the logic hard to parse.

As I repeatedly put forth: (all systems fail and) BAD SYSTEMS FAIL (in bad ways)

Economic functions based on the premise of perpetual growth on a finite planet.  Fractional reserve banking.  Propagation of fiat money.  I'd have to say that the dots connect up pretty well.

Nature is about deception (for survival).  Humans are OF (and in) nature.  We have, on a MASSIVE scale, submitted ourseleves to an illusion of our own making.  The longer we continue to scapegoat and "pretend" that it's some others who are responsible for the total control of the illusion (and condem then for being "sinister" doing so) the longer it'll be before we manage to distance ourselves from this (impending) tragedy.

Wasn't it the Aztecs who turned and walked away from their civilization?  At what point do you continue to try and do battle with a losing cause?  My point here is that we can at any time end the entire power structure by walking away.  I'll agree that this is easy to state, and perhaps a bit hyperbolic, but it's one way.  I do not believe that tossing out the operators of a bad system can do anything other than keep us under the illusion that the bad system can be made to work.  What would "we" be walking away "to?"  Not a clue; but I beleive in diversity and that diversity will eventually result in longer-term survival (which, is, ultimately, what life is about).  Good luck to the goodness in us, eh?

Sat, 12/21/2013 - 18:09 | 4267120 WhackoWarner
WhackoWarner's picture

CBC, in Canada, broadcast a talk with Suzuki, I believe and a former banker who echo this thought.  The belief that all this belief in steady growth is problematic.  And very unnecessary.

Sat, 12/21/2013 - 19:39 | 4267223 Seer
Seer's picture

Search out for the presentation Arithmetic, Population and Energy that Dr. Albert Bartlett gave (has given some 1,000+ times).  The logic, the math, it all tells the real story...  Chris Martenson (now Peak has a really good presentation "Crash Course," which borrows quite a bit from Bartlett.

Sat, 12/21/2013 - 18:47 | 4267154 Kirk2NCC1701
Kirk2NCC1701's picture

Unless I missed an old article or a blog post, for once I'd like to see the scenario-modeling of...

What happens when ALL the G20 CBs are inflating (QE'ing) in tandem/synch -- with the Fed leading the way? Since there is no absolute advantage, but only a temporary relative advantage, they could keep this game going for a long time.  How high can they flt this thing, before forces of Nature take over?

Sat, 12/21/2013 - 19:50 | 4267229 Seer
Seer's picture

Kirk, oh, BTW- Happy Holidays to ya!

Seems that this has been what's been going on for some time now.  The pressure of this has built up in the form of non-paying house sitters and huge construction projects creating ghost cities (China).  All the equipment that is necessary for construction wears (depreciates) and will eventually need to be replaced.  When "replacement" times comes is when folks will start to shake the couch cushions for real.  At the begining of the line will be those folks doing the actual minining/extraction of the necessary raw materials.  When Those folks start balking at the IOUs is when the face of mother nature appears.  I'm not trying to promote gold here, but I think there really is a sign of this friction with gold production now (price is under production costs?).

I recall the story from the late days of the U.S.S.R. about workers pretending to work because the govt was pretending to pay them.  A site where a building was stated as being constructed was empty, it only existed on paper.  And if that building was supposed to create replacement machinery?  I'm kind of seeing how this will evolve...

It happened slowly and then at once.  Sitting around waiting for the "at once" moment I ain't!  I don't need to see it to understand that it'll happen.

Sat, 12/21/2013 - 20:05 | 4267247 Lost Word
Lost Word's picture

Because the whole world wishes to inflate away their debts ?

Sat, 12/21/2013 - 16:25 | 4266997 sgt_doom
sgt_doom's picture

Or, better yet, read the TNEC study (parts of which are still considered classified within the SEC to this very day????) initiated by FDR, the lawsuit initiated by FDR and the TNEC study, United States v. Morgan et al. (also known as the Wall Street 17) and Rep. Wright Patman's 1968 congressional study on how the super-rich hide their wealth and ownership via foundations and trusts.

Sat, 12/21/2013 - 19:53 | 4267234 Seer
Seer's picture

Fine, if folks want to dump their money into shit that's going to disapear then I say who cares.

Let's continue to dig up the pot holes on this road that's destined to the cliff, yeah, that'll fix our problems!

Again, it's all based on the impossible, that of perpetual growth on a finite planet.  We're in a house of mirrors; it's a house of cards; everything's built on nothing but sand.  It's a PONZI!  Want out?  Sign up for NO GROWTH!

Sat, 12/21/2013 - 11:20 | 4266510 Payne
Payne's picture

The Fed was forced to taper since Treasurys are being dumped worldwide.  This was a not a choice by the FED.  Just like Obama really want Iran to have nukes he doesn't his hand was called by the Russia's and Chinese.  The FED to playing cards and steadily losing all the pot.

Sat, 12/21/2013 - 11:38 | 4266529 fonzannoon
fonzannoon's picture

No offense, and I did not junk you, but that is total bullshit. If treasuries were actually being dumped world wide (they are not, and check with Ham-bone on the math), the fed would have to substantially increase purchases. not cut them.

Sat, 12/21/2013 - 13:53 | 4266779 Payne
Payne's picture

Really !!  Housing is also recovering.  Oh and scientist have found the remains of a Unicorn.  Gold is down in price due to the strength of the US and EU economies and the lack of demand.



  • London Whale Reveals JPMorgue Reliance upon Interest Rate Swaps
  • Rise of the Machines Seen in Interest Rate Swaps & Algorithm Trading
  • European Banks Swallow Draghi Toxic Bonds Whole
  • Tremendous Hidden QE Volume by USFed
  • Indirect Exchange of USTreasury Bonds in Full Swing (USTBond Dump)
  • China Heralds End of USDollar in Reserves Accumulation
  • China Announces of End to American Sphere led by USDollar
  • Japan Suffers Large Trade Deficits
  • Sovereign Debt Grows with Austerity Poison Pills
  • USGovt Debt Limit Simply Ignored

Sat, 12/21/2013 - 16:52 | 4267037 Al Gorerhythm
Al Gorerhythm's picture

That's a truely wonderful world you live in. Can I have some?

Sat, 12/21/2013 - 20:01 | 4267242 Seer
Seer's picture

A simple challenge/question was presented.  You can back up your assertion by showing where the Fed has increased its purchase of those treasuries that others have sold.  Seems very simple to do.  Any big moves in this market would trigger utter panic, panic which no one is going to miss seeing: while China can threaten to dump, in response to the Senkakus islands issue, for them to actually do it would result in taking huge losses (as initiation of a dump would immediately cause a plummet).

I'll agree that there's a lot of stuff hidden, but that kind of stuff resides in the derivatives markets.  USTs are pretty much out in the open: also, yes, we might not know who is buying them; but, sales and purchases have to be presented (lest it completely expose fraud at the highest levels- envision the Fed and the US govt falling through a sprung trap door in an instant- not something that TPTB would allow).

Sat, 12/21/2013 - 16:24 | 4266998 sgt_doom
sgt_doom's picture

Try following ELX futures, douchey.

The upheaveal in speculation and shorting of Treasury Futures leading up to and during that so-called political government shutdown a short time ago should have clued you in!

Sat, 12/21/2013 - 11:24 | 4266512 DOGGONE
DOGGONE's picture

The Public Be Suckered

Sat, 12/21/2013 - 11:26 | 4266513 Pretorian
Pretorian's picture

FED=Major US  Banks +UK banks as a shareholders . They work for there interest not state ones.


Sat, 12/21/2013 - 18:40 | 4267144 JoBob
JoBob's picture

Useless, repetetive dupe.

Sat, 12/21/2013 - 11:28 | 4266516 CunnyFunt
CunnyFunt's picture

"They are a kind of 'tribe' or 'sect'; a cult,if you will, that views itself as superior to all others."

You don't say.

Sat, 12/21/2013 - 11:35 | 4266525 TahoeBilly2012
TahoeBilly2012's picture

A tribe which does not farm, nor send sons to fight in militaries. Many would call this type of tribe "pussies".

Sat, 12/21/2013 - 12:00 | 4266563 cosmyccowboy
cosmyccowboy's picture

they do not farm for a reason, the members of this tribe are kennite's or the son's (and daughters) of Cain and the ground will not produce for them!

Sat, 12/21/2013 - 13:22 | 4266727 RafterManFMJ
RafterManFMJ's picture


Say, I wonder if the prefer the Iron price or the Gold price?

Sat, 12/21/2013 - 20:13 | 4267261 Lost Word
Lost Word's picture

Jews are not the children of Cursed Cain killer of Abel.

However, perhaps the Khazars are children of Cain?

Sat, 12/21/2013 - 12:17 | 4266584 mess nonster
mess nonster's picture

Free Francis Sawyer!

But more to the article, there is a piece missing (though not for long). The economy cannot be taken down if in its collapse, the populace gains more freedom because the mechanism of State control is also dismantled with the collapse.

Before the thermite charges placed at the base of the economic edifice are detonated, a full-spectrum control grid must be up and running. It must have low-cost ways of tracking and identifying individuals on a real-time basis. This system must be universally deployable and tamper resistant.

It must have at its foundation, a means of permanent, non-hackable identity verification.

It must be based on an implantable RFID chip.

My prediction- the economy will limp along until the chip is enacted. The failure of Obamacare is the first step. When Obamacare is replaced with a single-payer system, the chip will be implemented via the new state-run health care system. Once this is in place, and a large percentage of the populace receives the chip via registration with the health care system, then the economy can be pulled. After that, you must get a chip, or you won't have access to food or money.

How long will this take? My guess, a year for Obamacare to be deemed unworkable. The single payer system, like the Patriot Act will emerge fully formed and road ready. It will take another six months to a year to get the "significant percentage" of people chipped via the health care system. Then the thermite charges will be detonated on the economy, and if you don't get chipped, you will die of starvation.

Sat, 12/21/2013 - 14:04 | 4266797 Crawdaddy
Crawdaddy's picture

Thumbs up to your post. The NWO scum are not about to miss an opportunity to solidify their "gains" because they will only get one shot at it. If they fuck it up, which they probably will, they will have to regroup for another generation.

Sat, 12/21/2013 - 14:13 | 4266814 formadesika3
formadesika3's picture

Your timeline's off though, there has to be a national identity card first. Remember slow boil. Might take a few more decades unless there's war, then a compressed timelline.

Sat, 12/21/2013 - 14:35 | 4266860 Seer
Seer's picture

Yawn.  Sorry, too much fantasy going on here.  And, well, it smells too much like Party Pussy to me.

Really, one year to implement a more comprehensive system and to jab everyone with and RFID chip?  The Right Wing was able to thwart Obamacare pretty well (bless them); do you really think that all heck wouldn't break out with RFIDs?

Things are failing because we're broke.  No matter how many sinister things you think are going on the reality is is that there is not enough energy/resources available to broaden out the NWO.  The NWO will continue to be but thoughts in the heads of a few: that there are "attempts" to deploy more global-based systems (or to improve), well, yeah, sure, but when has global enterprising NOT been on mens' minds?

Anyway, if this freaks you out so bad (and, well, I could see why) then what are YOU (planning on?) doing about it?

P.S. I see a bit of a detail issue in that, for the US, there's the spillage into/over the Canadian and Mexican borders.  I might be able to strech my imagination to the point of seeing the Canadians chipping, but the Mexicans (one could thwart it all by circulating that RFIFs are for population control, after which all bets would be off!)?

Sat, 12/21/2013 - 15:12 | 4266900 ActionFive
ActionFive's picture

 do you really think that all heck wouldn't break out with RFIDs?


Which is apparently why we are not being told RFID chipping is supposedly in Ocare. Feel like you understand law today?

There is no contest to change.

Sat, 12/21/2013 - 17:59 | 4267103 ebear
ebear's picture

"Sorry, too much fantasy going on here."

Indeed.  Frankly, this NWO meme has gone way past it's shelf life.   Not that there haven't been programs of world domination since ancient times - the primary goal of power has always been to acquire more power, nothing new there - but the theory runs afoul of one of the basic truths of control systems, i.e. that there is always a random element (call it a black swan if you will) that can't be predicted, and that the further you advance in consolidating your power, the greater the likelihood  of it appearing and upsetting even the best laid plans.  A really well laid plan would try to take this into account of course, but to accurately predict the event and control the outcome?  Sorry, we just don't live in that kind of a world. The NWO meme does serve one useful purpose though.  It keeps alive the notion of absolute power and the hopelessness of opposing it.  The useful idiots that see conspiracy under every rock indirectly assist in this endeavor by either a) appearing as nut-jobs, thus thwarting investigation of the many real conspiracies that, while not on the scale of NWO, still present a danger to our well-being, or b) appearing convincing to the degree that people either accept the theory and give up trying to oppose what seems to be an all-powerful, all encompassing force, or waste their time chasing chimeras, which has the same ultimate effect. I think the truth is far simpler.  Those at the center of power have far less intelligence and control than we ascribe to them, and it's their continuous fuck-ups and inability to predict outcomes (see above) that are responsible for most of what happens.  


Sat, 12/21/2013 - 19:36 | 4267212 Crawdaddy
Crawdaddy's picture

Dude don't get all Pajama Boy and look down your tea pinky at people who have arrived at the studied conclusion there is actually such a thing as a NWO.

You posit an explanation - things are failing because we are broke and rely on dwindling resources. Yeah no shit. The question is - why?

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