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Just What Is In The Fed's "Doomsday Book"?
The what? That's right: the Fed's "doomsday book" such as here...
During more than six hours of testimony, Mr. Geithner’s was not the only book introduced. The other volume was the secretive compilation of the Federal Reserve’s legal powers, known internally at the central bank as the “Doomsday Book,” which has never been made public.
Judge Wheeler determined he would let the editions into evidence under a temporary seal, until a hearing to determine whether they should stay that way.
... and here:
The “Doomsday Book” is essentially a private compilation of emergency measures that the Federal Reserve could take in the event of a financial crisis or other market-destabilizing event. The book has never been made public.
It’s existence of the book isn’t secret: Treasury Secretary Timothy Geithner references it in his recent financial-crisis book, “Stress Test,” calling it a catalog of “our actual firefighting equipment.”
But Fed officials have refused to release it, and Justice Department officials at a court hearing on Tuesday said the Federal Reserve Bank of New York wanted to keep the book under seal.
It appears the Fed's Doomsday book is quite extensive and has a lot of exhibits: at least 651:
Mr. Boies said he had obtained three copies of the Doomsday Book, likely under subpoena. One version of the book was published when Mr. Geithner was president of the Federal Reserve Bank of New York (referenced as Exhibit 7 during the trial). Another version (exhibit 651) was published in 2012, and – Mr. Boies said – he had also obtained a 2014 version of the Doomsday Book.
So which exhibit is this:
Geithner leaned on it, as much as he relied on TurboTax when calculating his taxes, when deciding what to do, although it is unclear if Geithner consulted the Doomsday Book when deciding to leak the Fed's market-moving, confidential rate-change decisions to Bank of America.
Mr. Boies casually mentioned that Mr. Geithner carried the book around with him during the financial crisis, to which Mr. Geithner quickly responded: “I don’t think I ever carried it around.” He added, “I was shown it at one point.”
“We did occasionally go back and consult it as things were eroding around us,” he said, though he added “I don’t think it would be fair to say I consulted it extensively during that period.” (In his memoir, Mr. Geithner mentions studying the book. “I was not particularly impressed,” he wrote.)
Not surprisingly, the near cataclysmic events from 2008 were even worse than the worst-case scenario foreseen in the book:
One reason he didn’t lean on the book, he said in his testimony, was because a lot of the emergency measures the Fed ended up using during the financial crisis were “outside the boundaries” of past government interventions and weren’t even in the Doomsday Book.
Ok great, so considering the US managed to "survive" the worst financial crisis since the Great Depression (if only for a few more months/years), then the very open, auditable and transparent Fed wouldn't be against sharing what is in the book, right? Wrong.
When Mr. Boies moved to introduce two of the editions of the book into evidence, the New York Fed’s own lawyer, John Kiernan, sprang up from the gallery to chime in: The Fed wanted the “Doomsday Book” kept strictly under seal.
So one wonders, as does the entire world since as the fate of everyone is now in the deus ex hands of the Fed's printer and the next global crisis is always just around the corner: just what is contained in the Fed's "Doomsday Book"?
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Full of win part 2
Denver Census staffer brings data falsification to light | New York Post
The fraud under this administration seems endless.
Dr Strangelove lives!
When control p does not work, seize and nationalize assets.
Probably includes making or possessing gold illegal
Does one of those secret measure involves launching a zio-created bio-weapon to kill of the masses SO they cannot dump their stock positions HENCE averting a financial crisis from tanking the stock market????
Betcha after all is said and done it says "Take a Good Guess, and Good Luck"
More Appropriately named: The Last Chance to Loot, Book.
No wonder they dont want it released!
Look at history and what other countries did during a major economic crisis. That's basically what's in the book.
Like-minded people will think similarly and reject any attempts to think out of the box.
So what it really is are the pre-determined solutions to their Hegelian Dialectic formula after they create their own financial crisis from purposely killing the dollar and destroying the world economy.
Sound about right?
Actually it's fiction novel written by Gideon Gono.
Actually it's fiction novel written by James Wesley Rawles.
So, when Neel Kashkari and his wife move back to their cabin in rural Northern California, from PIMCO, then is it time to panic?
It is a picture of a water valve.
Counterclockwise to increase liquidity to trap muppets.
Clockwise to turn it off and foreclose on their real property.
Just a fucking two step in them printing up currency and buying property with it.
Think of it as the most sophisticated money-laundering organization ever.
They are common crooks.
Thanks Warburgs and Rothschilds.
pods
I like to use the analogy of a bellows. Sucks up wealth from one place and blows it to another.
I'll give y'all the Cliffs Notes version of what's in this "book."
When Shit Hits The Fan...
1. Contact Mossad. Blow up some shit in America.
2. Blame it on Mooslims.
3. Use fear to enslave Americans. This is the easy part.
4. Keep giving money and weapons to Israel.
5. Accept you Nobel prize and act humble.
6. Keep taking away American's rights. And don't forget to take their guns.
How many strategies are there when playing Whack-a-Mole? Because that is certainly the kind of hamfistedness we seemed to get from the bastards last time.
If it was one of us Austrians, it would be a short book..."Leave it the fuck alone. THE END"
"... the Federal Reserve Bank of New York wanted to keep the book under seal."
More like under the 7 seals of the Apocalpse. I think we're at #6 now... "earthquakes and cataclysmic events"...
Upon the Lamb opening a seal from the book, a judgment is released or an apocalyptic event occurs. The opening of the first four seals release The Four Horsemen, each with their own specific mission.[6:1-8] The opening of the fifth seal releases the cries of martyrs for the "word/Worth of God".[6:9-11] The sixth seal prompts earthquake cataclysmic events.[1][6:12-17] The seventh seal cues seven angelic trumpeters who in turn cue the seven bowl judgments and more cataclysmic events.[8:1-13]
At least for now it's safely inside the Ark of the Covenant back at the Temple.
Not a problem, the Winchester brothers, Sam and Dean will kick the Four Horsemens butts...
No, doomsday book says, " before fucken up one country, move to another country". But they are always late.
What's it gonna take to get one, just one of these insiders to grab the book and run out the door into the waiting hands of some alternate media blogger and let the cat out of the bag? Take one for the team. Come on! Can't someone just break this thing wide open?
I read his books- not super impressed. Maybe it was because the writing was pretty awfull. Cardboard characters and an over riding theme that everyone in the book has every single brand-name apocalypse acutrement known to man makes for a pretty dull and uninspiring read. The idea for the books was not bad though.
There's only one word in the book: RUN
Meanwhile, back at the Fed...
"We have the Holy Handgrenade!
"Yes, of course! We have the Holy Handgrenade of Antioch! It's one of the sarced relics that Brother Maynard carries with him!"
"Brother Maynard, bring up the Holy Handgrenade!"
"How does it...uh, how does it work?"
"I know not, my liege."
"Consult the Book of Armaments...!"
"Armaments, chapter 2, verses 9 to 21..."
https://www.youtube.com/watch?v=xOrgLj9lOwk
It looks like the Doomsday Book has been used and deployed since 2008.
By any reasonable measure, the global economy should have totally collapsed in 2011, but the Fed has been "successful" at kicking the can down the road. This can kicking could go on for decades like it has in Japan since the 90s.
Bailouts for the bigboys, unlimited QE, artificially high stawk market to make the DOW look better than it is, cooking fake unemployment numbers, opening of the borders, a police state with Billions of rounds of hollow point ammo, ZIRP, re-inflating the housing bubble to make housing costs out-of-reach for Millenials and younger Xers, the implementation of Obamacare to force people to buy insurance they cannot afford, the hiring of moar IRS agents, splitting a full-time job into two part-time jobs, and the most important of all...
Constantly dumping SELL orders in the Gold and Silver markets to turn off the main indicator of bad economy. I think the suppression of silver and gold is the "nuke" in their arsenal. It's most likely a national security objective to keep that market as crushed as possible.
Low PMs, high stawks, and fake low-unemployment numbers LOOKS like a good "recovery"... an excellent facade!
New Normal!
Muddle through it, if ya can!
"So what it really is are the pre-determined solutions to their Hegelian Dialectic formula after they create their own financial crisis from purposely killing the dollar and destroying the world economy. "
It's like one of those choose your own adventurre books.
1. To nationalize assets turn to page 84.
2. To make gold illegal and nationalize assets turn to page 96.
That is one book I would love if it was saturated with Ebola Juices.
Maybe something to do with an improbability engine and 42 but, I'm not sure.
Shoot the dolphins, stomp the mice, before they get us..
The first item reads
Fire all your guns a once, and explode into space
Question - If the economy/dollar collapses just what does one do with their stack. We all want to see the metals market shoot to the moon but who is going to buy it. Is it just barter for goods? I recall back in the early 80's when gold shot up to $300/oz I was going thru a divorce and I was looking to sell my 1 oz pure gold band no one was buying. Buy low, sell high BTFD thing. I would love some input, sources, links on this topic.
At this point, if the stock or bond market collapses it's game over.
Think about the aggregate value of the U.S. equity market capitalization 18 trillion USD and what happens if it resets to a FMV (true FMV) of something closer to 9 trillion USD.
The economy already burned down/rotted out and purchases/consumption are being fueled by cheap, EZ debt for 5 long years, even as real GDP/GNP has contracted.
There's no foundation left. It rusted out.
Look at the EU, including Germany, Japan, the BRICs (especially China & India), and now South Korea, too.
That ass...
You have 15 days to turn over all your gold & silver....redeemable in the new currency. Those choosing not to participate willingly will have their gold or silver (including but not limited to excessive jewelery, time pieces,numismatic coinage) subject to uncompensated siezure.
(just kidding..that would never happen)
The last page reads
Bend over and kiss your ass goodbye
One of the middle pages reads "Ensure a nasty virus makes its way to the U.S. In the panic, print more money."
They probably keep two sets of Doomsday books, with one for very internal use only.
...Mr. Geithner quickly responded: “I don’t think I ever [was allowed to] carry it around.” He added, “I was shown it at one point.”
The permanent staff at FRBNY is just as powerful and entrenched as the apparatchiks in DC. It's not about oligarchs, but technocrats who curry their favor...
It's a cook book!
Always a great line!
Actually, truth be told, Inside the mysterious box is a Mattel Magic 8 Ball, several dozen cartons of Marlboro Reds, a couple cases of strawberry poptarts a d bottled water,some very professional forged passports for each Federal Reserve Bank of New York "member," along with a pick-up number for an Israeli registered Slipstream G650.
and a bottle of Southern Comfort.
The "book" is really a box (like those seen to trick burglars), and that's supposed to read "Gulfstream G650" above (stupid autospell), and WTF was I thinking? -
- the passports to Israel need not be forged; they already have issued to them the real deal.
Just like CDC Head Tom Freiden or many members of CONgress (or former ones; e.g. Eric Cantor).
The Wailing Wall is like the Disneyland for psychopaths.
They all have to go at least once.
pods
The ten steps of the secret, sacred Central Bank book:
1) Lower interest rates
2) Create boom cycle
3) Buy government
4) Dillute currency to create inflation busting out Mom and Pop
5) Confiscate assets
6) Set up new host nation as reserve currency
7) Force bought government to bail-out friends as speculation
becomes the norm. blame population for speculation.
8) Loot treasury with abandon, transfer along with military tech to new host nation.
9) Raise rates so former host govenment defaults, hire media
to say that former host nation is the devil.
10) Focus on new host nation, rinse and repeat every 80 years so proles
hopefully never figure it out because former host nation generation dies-off.
(Yellow smiley face at the end)
Not bad...
...not bad at all - you definitely earned a +1
A shot glass of Smoker's Phlegm.
1 shot glass.
A shot of Jagermeister
A dollop of Mayonaise on top.
Down it.....flip the bird to the world.....and ride off into the sunset.
I just found an internal video examining the contents
http://www.youtube.com/watch?v=vPwW7RaPO_g
I was thinking the same thing...
I did the census as a teenager. Holy shit is it made up. I sucked on that gubmint tit hard that summer and I was considered a great employee! In 1990, the census was sorta, kinda, a little bit realistic.
Here's a hint: control -p.
That was my first job upon discharge from the Marine Corps. It took me about a week to rename the place the Senseless Bureau. Nothing, and I mean nothing mattered more than completion rates.
The strangest part was the middle-management people who were fearful of losing their temporary jobs, just because you'd tell them that no, non-respondents aren't going to cooperate no matter how many times you went and harrassed them.
I moved during the last census, so I was able to tell the lady to go pound sand when she showed up at my new house. Still, she sat in my driveway for half an hour gathering info off of our vehicles. Now I've got a gate up at the property line, so the next attempt should be more interesting.
I always laughed when the threatening PSAs about filling out your census appear.
I fill out number of persons at the address and nothing else.
Just like I told the nursing assistant who asked if I had any firearms at my house.
None of your business.
pods
That's all I plan on doing next time.
You should have so much more fun with nursing assistants. You should ask them what kinds of firearms they are talking about...then have a hard time remembering if you still have it or if you pawned that one for the hookers and blow. In the end you probably pawned all of them, but they were fun once upon a time. It also helps if you make a whooping sound every once in a while and have a nervous tick. It should get immediately corrected when (s)he asks about a particular firearm. They will ask about Glock or an AR-15 or something for sure. It's like a drinking game...
Whoever does the census around here is convinced someone is living in our workshop/shed. It has a tiny window unit and I put up curtains to keep the sun out, but other than that it looks EXACTLY like one of sheds sitting outside HomeDepot. The census people knocked on the shed door for 15 minutes, then left another card on the doorknob. It was adorable.
I just let them do it. I had dinner on the stove, and attempting verbal communication with someone who can't recognize a shed didn't sound easy, brief, or fun.
The FED's doomsday book? It's real title is "How To Serve Mankind".
It's a cookbook, dude.
A friend of mine has an old abandoned farmhouse that gets the same attention, despite the fact that there's no mailbox, no upkeep on the property, and you need a 4wd truck to cross a creek to get there.
Keynes would be proud.
Step 1.
Print as much currency as you can.
Step 2.
Make order for ALL available gold and silver bullion FOB to Paraguay, with freshly printed currency.
Step 3.
Retire in Paraguay/Uraguay with 30 scantily dressed Colombian maids, sitting on a pile of dragon treasure?
Im just guessing.
Loot the treasury is the final act. Its been looted.
Theres no gold left.
RIPS
Not just economic data… “I wouldn’t trust any data from the Census Bureau”
For at least 5 decades the census has been a programming tool of the CFR.
Goal seeking at it's finest.
Chapter 1.
The most important thing at all times is to treat the general public like mushrooms: keep them in the dark and feed them bullshit.
a Fed Doomsday Book. That makes me feel warm & fuzzy all over . . . .
its the getaway plans for the ruling oligarchs when the time is right.
Hand out the remaining gold to the elites and then hit the private airport. Have the private island staff prepare for arrival.
I picture the Necronomicon in my head
LOL
It probably also has some old porn mags with the pages stuck together.
Why do they need a whole book to write "steal everything from everyone, then bug out"?
wonder what the plan for the barrakolypse is
18 holes at Pebble Beach
And maybe some Golf too.
"And maybe some Golf too."
and that is what you call a whitty response :)
Oddjob - Now that was piss yourself funny!
I'm guessing it gives them the power to literally helicopter drop funds, Iraq style.
I think most of us also have a Fed Doomsday book. SPOILER - it doesn't end well for those at the Fed
Andrew Jackson booms from history with "I TOLD YOU CITIZEN IDIOTS, BUT YOU FAILED TO LISTEN TO ME!"
A den of vipers indeed.
A version of the joke "three letters."
Listen.
The "IF ALL ELSE FAILS" chapter reads:
"Jettison the core group back to Israel."
Kathy Lee Giffords recipe for smoked tuna casserole?
Hey, that was my guess.
Seems likely given the news story that the book is useless and backwards-looking, if it lacked the steps they took in 2008.
It's been replaced with the doomsday post-it: do whatever the hell you want, you'll never be prosecuted.
On the Wednesday and Thursday after Lehman filed for Chapter 11, I asked my wife to please go to the ATM and take as much cash as she could. When she asked why, I said it was because I didn't know whether there was a chance that banks might not open. I remember my wife sort of pausing and saying, "Are you serious?" And I said, "Yes, I am."
Mohamed El-Erian.
How can they plan for a bubble popping when they can't see them until they've popped?
It's a box with a dart board in it
Roadmaps to the NWO, IMF, UN,World Bank, and CFR offices.
The people need to be writing their Doomsday book for the Fed right now.
Why the need for a book? I mean, just stick a yellow post-it with the words "goldman sachs above all" to your ugly forehead, geithner idiot..
"In Lloyd we trust."
The law is whatever we say it is. If Judge Dredd shows up we'll all know his authority, i.e. "I am the law''.
They aught to be working on their "doomsday bunker". Or their heads will meet the guillotene when the USD collapses and the masess understand the bankers are the reason they cant eat.
The masses will understand shit, as usual.
There will be a sock puppet screaming *Oy vey, look, its all those muslim ISIS fault! Htler isnt far! Think of ze kinder!*
And 90% of hoi polloi will nod wisely and continue chewing toxic grass until they see a squirrel and forget all about the ambient shit.
Box of pestilence
Does it explain the number of virgins that must be thrown into the volcano?
My questions: who wrote the book, when and under whose guidance?
Also, how many times the Continuity of Government is referenced and in what manner?!?
but it's not a super-secret joospiracy or anything :roll:
Essentially Doomsday Book is a survival guide to prevent a banking/credit collapse seen only by insiders such as Global Bank Presidents, Hedge Fund Managers, Martha Stewart and Jim Cramer.
I bet this is one Fed action that they already do: Suppress public awareness of real asset price histories!
http://patrick.net/forum/?p=1223928
At this point though, is suppression even necessary? Stockman is shouting this stuff from the rooftops, and I doubt that anyone under 45 has noticed.
I hope they come for my guillotine.
An American, not US subject.
"Emegency Measures"?...
Let's see now...
Start a war based on a false narrative that will attempt to demolish 7 Middle Eastern states in five years to of course loot all of it's natural resources in an attempt to secure the Petrodollars future... Check
Stage a series of deadly riots along with several additional "false narratives" that will lead to a coup and replacement of a legitimate government in the most strategically located Nation that borders the largest gas and oil producer in the World that also happens to have one of the largest nuclear weapons arsenals in an attempt to start a war with them if they don't sell all of that oil and gas in USD.... Check
Own all the patent(s) to the vaccines of a deadly virus and stage a pandemic that could potentially kill thousands as a necessary distraction for 1) and 2)... Check
Once one are all of these are set in motion crash your market(s)!!!
And if you talk to this guy "we're screwed"! Don't you just adore the sense of humor in the midst of all this "tension"???..
I wonder if it includes an Ebola terror smoke screen hail mary
Instructions on how to build a printing press.
Cover: Federal Reserve SHTF Playbook
Page one: "Make shit up - including data. Include copious amounts of financio-econobabble to achieve rhetorical dominance."
Page two: "Repeat instructions found on page one."
Page three: "If reading this page, the S has HTF. Immediately prep personal aircraft for quick departure to foreign nation without extradition treaty, load PMs onboard, then declare national war against non-existent threats (See page one: "making shit up") just prior to departure. Bon voyage!"
Page four: "For Reference: P. J. Goebbels, Gustave Le Bon, Edward Bernays, Super Orlof Intaglio Press Owner/Operator instruction guide, The Ex-Pat's Guide to Life and Citizenship in Brazil"
I think what's in it is what has been done to date. We're probably on about chapter 10 of 12 right now. At this point, most of the book would be a read of recent history.
Why do I feel like every page in the book says "just dream it up. Try it. If it doesn't work, try something else."
Nah, that's already their modus operandi. This is "The Book of Secrets."
Which of course, would be the steps to be taken in order to steal any and all tangible assets that might otherwise fall into non-club-member hands.
Confiscate all precious metals according to the following list: platinum, gold,...,...,...,silver,...,...,...,copper,...,...
Confiscate all bank deposits.
Confiscate all land by eminent domain for the public good.
They won't even have to confiscate land, as the Fed already holds title to most everything with a note on it, thanks to their operating arm called MERS and the scam of MBS. Only cost them $50B in payola to the states.
Initiate WW3. If the FED/Banksters can't continue to fleece the public then everyone has to die.
Just one big decision tree
If we do ______, will market go up or down?
Go with "up"
I am sure it follows our Constitution and Bill of Rights.....and the 10 commandments.....yeah right....
There is no 'Doomsday Book' and this is just smoke n' mirrors on the part of the American Government. Geithner never consulted any so-called 'Doomsday Book' during the six months it took for Lehman Bros. to go down. This Z/H article is pure propaganda that lends to the view/perception that the United States of America actually knows what it is doing with regard to the current state of affairs in the Global economy and Macroprudential Economics proper. In brief, there is no doomsday book and this is representative of the 15 attempts to 'make you believe' 'God damn it' -Richard Fuld on 'the 31st floor' when the real 'doomsday' book was actually opened.
Up yours, Geithner, you lying motherfucker!
REVISION: Nearing the bottom of the above post '15' should read 'United States of America'. I don't know how that got transposed into the numeric '15', wtf?
Perhaps you angered Sacrilege with the propaganda label?
I think you must have nailed it and conclude you must be right, NA. Some
Internet God must have done it, quite correct.
Of course they know. This is by design. However, there is a doomsday book and here is what it says:
http://www.medievalgenealogy.org.uk/guide/dom.shtml
The feudal system"To use Domesday Book and, to a greater or lesser extent, most other medieval records, it's useful to know something of the prevailing system of land tenure. In post-conquest medieval England, land was not owned, in the modern sense, by anyone but the monarch. Instead it was held by tenants, from lords (or occasionally ladies) in return for the obligation to perform some service. This was the feudal system, with the king at the top of the ladder, his direct tenants (tenants in chief) beneath him, and lower still under-tenants of various sizes, down to the peasant farmers who held a few acres in return for labouring on the land of the local lord.
The main building block of the feudal system was the manor, an estate on average somewhat smaller than the parish (typically a parish might contain several smaller manors or one larger one, though sizes could vary considerably, and some manors were much bigger). Most frequently the service performed for the king by his tenants was military - in this case feudal holdings were measured as so many knights' fees, according to how many knights the holder of the land was obliged to provide. Land might also be held by serjeanty, that is by some non-military service, often in the royal household, or in the case of religious houses by free alms, that is by spiritual service.
Land held by a lord himself, rather than by his tenants, was known as demesne. The same term describes the royal estates (held by the king rather than his tenants in chief), manors held by tenants in chief rather than under-tenants, and even the part of a manor held by its lord, rather than manorial tenants.
Whatever their ancestors may have thought of its merits, genealogists have reason to be grateful for the documentation produced by the feudal system. It was obviously in the king's interests to be very clear who his tenants were, what obligations they had to him, and who had the right to succeed them when they died. Consequently, most of the documentation concerns the tenants in chief, and the under-tenants immediately beneath them, at least as far as public records are concerned. Fortunately, as well as the great magnates, this class included many comparatively small men, who might hold as little as a single manor, and have no under-tenants of their own.
Domesday Book is the earliest, and by far the most famous, English public record. It is the record of a survey which, according to the Anglo-Saxon Chronicle, William the Conqueror ordered to be taken at Christmas 1085; a survey so thorough that not 'one ox nor one cow nor one pig' was omitted..."
Pretty damn crazy that we've been considered inventory for a millennium.
"To Serve Man"
When the medium of exchange is used as a store of value it must lose value as it is over printed to satisfy the people's desire for easier debt payment.
Chapter 1- Grab all the bullion you can.
Chapter 2- Meet me at the airport, be on time, once I'm there it's wheels up for Uruguay.
Chapter 3- Don't forget the the blow or we'll forget your reservation.
Separation of the medium of exchange from various stores of value (of which gold is usually the preferred) can allow the medium of exchange to be managed and printed in unrestricted amounts and yet savers can continue, unhurt by the actions of the printer.
Bing
If it's a 'Doomsday Book' for the banksters then it can only be referred to as a 'Freedom Book' for the rest of us!!!
AKA "The Plunge Protection Team Handbook". Easy; through their shell offshore IBC's [via JPM and the Squid] the Fed buys however many futures contracts necessary to rally any and all markets. Cntrl-P on steroids if necessary. Anybody dumb enough to sell on the panic down [and near the bottom] will get hurt by the Fed. A slow burn lower they can do nothing about, but quick panic selloffs and they will act.
www.traderzoo.mobi
Dig Woodrow Wilson up so that we can all take our turn defiling his corpse. Then gather all his clan together so that we can all take our turns exacting revenge for such an evil basterd doing such an evil thing such as establishing the fed.
who did more damage? Woodrow or Nixon. I say Nixon. Going off the gold standard is what allowed the FED and congress to destroy the economy. Jekyll Island just made the FED the only game in town. So long as the dollar was pegged to gold, there was no ability to print money to infinity.
I'm not a Nixon apologist, but the 'gold window' he closed, was closed to central banks, not private individuals. Taking the private economy off the gold standard was accomplished much earlier by significantly more "progressive" elements.
Let's not forget the scumbag that got him there, mister vote-splitting Bull Moose himself.
Teddy was a remarkable man, but a damnable elected official. His bio is pretty amazing. Nixon's only goodness was as chair of HUAC, although he didn't go far enough.
Pillage then burn + lots of pictures.
this is how the office of potus has greatly expanded its reach, the process is thus: potus submitts a statement that the President has such and such powers in the event of an emergency. (the potus defines the term emergency). at that moment it goes to the Congress to dispute such a claim, and since the claim at the moment it is proposed is hypothetical they seldom bother.
a few items probably in the doomsday book: time dating the currency, use it or lose it (money hoarding is a real problem the fed can print it, but if that money doesn't circulate, then money velocity could go negative), and so if you are hoarding $100 bills for instance make sure you have only new ones, they might also call in all old currency ( and if you are drug dealer this could be especially difficult for you, because they want to know where you got all this money?)orphan old currency..
another is payment in kind. the government owes you money, they can pay you in kind with the deferred assets they are holding (foreign bonds, or real estate, or what have you) not as likely the gov would do this as hedgefunds. hedgefunds which buy failed assets will pay you in that paper. imagine if you will.
you can read more about this in bob prechters first book. his solution is cash in a safe bank, but as you see even that might not work if they timedate the accounts.
assets which generate income, such as farm land are good, although private farms almost disappeared during the great depression because they were taxed out of existence. doomsday scenario taxes are the real problem, they start to skyrocket, as muni gov tries to raise revenue. and even if you can grow food they will tax that.
D R I N K Y O U R O V A L T I N E
a crummy commercial?!
Buy everything, with FIAT from nothing, becoming NEO Lords of America. Make the Neo American Serfs pay rent on the land their father's conquered.
Was this in the crook book?
PORN!
This book is like throwing sand in our eyes while they fight for their life.
Diversion.
Hopefully when the cover of the doomsday book is opened, the pages are hollowed out and therein will lie a pistol with two bullets in it. Just in case the chariman doesn't get the job done in one bullet.
Doomsday Book: bound in foreskin leather collected by 15 select mohels. Stroke it and it becomes an atlas!
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One of the ducuments was leaked. You can read it here: https://isotropic.org/papers/chicken.pdf
With the running title: There is no plan B.
I am not shure there is a 'plan A' either. The FED seems to be using secrecy to hide, that they are making things up as they go.
Fiction. Just like The Old Testament. Written by the same authors.
Stocks are begining to go bidless
GTAT, ARWR, ...
The IMF wakes up to the Doomsday machine of FED's ZIRP/Carry trading in global Casino FIVE YEARS TOO LATE :
“Accommodative policies aimed at supporting the recovery and promoting economic risk taking have facilitated greater financial risk taking,” the IMF said. As evidence it pointed to rising asset prices, smaller premiums on riskier investments and the lack of volatility in financial markets. In many cases, the IMF said the behaviour of investors was at odds with the state of the global economy.
“What is unusual about these developments is their synchronicity: they have occurred simultaneously across broad asset classes and across countries in a way that is unprecedented.”
The IMF said there was a trade-off between the upside economic benefits of low interest rates and the money creation process known as quantitative easing and the downside financial stability risks. While its report found that in some countries, including the UK and the US, economic benefits were becoming more evident, it warned that “market and liquidity risks have increased to levels that could compromise financial stability if left unaddressed”.
It said developments in high-yielding corporate bonds were “worrisome”, that share prices in some western countries were high by historical norms, and that there were pockets of real estate over-valuation.
“The best way to safeguard financial stability and improve the balance between economic and financial risk taking is to put in place policies that enhance the transmission of monetary policy to the real economy – thus promoting economic risk taking – and address financial excesses through well-designed macroprudential measures.” These include tougher supervision of banks, requirements on them to hold more capital, and curbs on lending to specific sectors such as housing.
Viñals said it was time for traditional banks to overhaul their business models. This would involve not only changing the focus of their lending, but also consolidation and retrenchment. “In Europe, the comprehensive assessment of balance sheets by the European central bank provides a strong starting point for these much-needed changes in bank business models,” he said.
Apparently the IMF has never read ZH's articles in 5 years...head in the sand, the Lady Lagarde team !
Recitation of the first passage manifests the Demon in human form...
Book of the Dead
That's why they're wanting to take all of our Boomsticks away!
As I have said over and over and over and over and over and over:
Federal Reserve is nothing more than the CIA of financial system.
Its job is to mislead and lie to the world. Fed statements are like KGB propaganda, nothing less, nothing more.
No difference between Janet Yellen and John Brennan or James Clapper. Same job description.
In 1906, The New York Chamber of Commerce charged a special committee to report on how a central bank might work. The committee was composed of bankers, naturally. John Claflin, chairman, was a member of the Jekyll Island Club. Jekyll Island was where the conspiracy against the American people, The Federal Reserve, was hatched in 1908. The vice-chairman of this special committee was Frank Vanderlip, one of the architects of the Federal Reserve.
In the section titled “Advantages of a Central Bank”, we find a rather stunning admission about what bankers of all ages desire:
Judging by google’s results, no one in the past 100 years has paid any attention to the above quote.
http://unicornpoo.wordpress.com/2012/06/25/what-bankers-want/
There is only one power and that power comes from a bullet on somebody's head.
Whoever is ready to out-violent the competition, that one rules