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Ron Paul: "All Wars Are Paid For Through Debasing The Currency"
Submitted by Mac Slavo via SHTFPlan.com,
And at some point, all empires crumble on their own excess, stretched to the breaking point by over-extending a military industrial complex with sophisticated equipment, hundreds of bases in as many countries, and never-ending wars that wrack up mind boggling levels of debt. This cost has been magnified by the relationship it shares with the money system, who have common owners and shareholders behind the scenes.
As the hidden costs of war and the enormity of the black budget swell to record levels, the true total of its price comes in the form of the distortion it has caused in other dimensions of life; the numbers have been so thoroughly fudged for so long now, as Wall Street banks offset laundering activities and indulge in derivatives and quasi-official market rigging, the Federal Reserve policy holds the noble lie together.
Ron Paul told RT:
Seen from the proper angle, the dollar is revealed to be a paper thin instrument of warfare, a ripple effect on the people, a twisted illusion, a weaponized money now engaged in a covert economic warfare that threatens their very livelihood.
The former Congressman and presidential candidate explained:
Almost all wars have been paid for through inflation… the practice always ends badly as currency becomes debased leading to upward pressure on prices.
“Almost all wars, in a hundred years or so, have been paid for through inflation, that is debasing the currency,” he said, adding that this has been going on “for hundreds, if not thousands of years.”
“I don’t know if we ever had a war paid though tax payers. The only thing where they must have been literally paid for, was when they depended on the looting. They would go in and take over a country, and they would loot and take their gold, and they would pay for the war.”
As inflation has debased the currency, other shady Wall Street tactics have driven Americans into a corner, overwhelmed with debt, and gamed by rigged markets in which Americans must make a living. The economic prosperity, adjusted for the kind of reality that doesn’t factor into government reports, can’t match the costs of a military industrial complex that has transformed society into a domestic police state, and slapped Americans with the bill for their own enslavement.
Dr. Paul notes the mutual interest in keeping the lie going for as long as the public can stand it… and as long as the gravy keeps rolling in:
They’re going to continue to finance all these warmongering, and letting the military industrial complex to make a lot of money, before it’s admitted that it doesn’t work, and the whole system comes down because of the debt burden, which would be unsustainable.”
Unsustainable might be putting it lightly. The entire thing is in shambles from the second the coyote looks down and sees that he’s run out over a cliff.
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Rise of Big Banks, Fall of The Middle Class: A Brief History of Financial Deregulation
https://criticl.me/post/rise-big-banks-fall-middle-class-brief-history-f...
..."Through the creation of new debt money issued out of thin air for the exclusive benefit of private individuals and their banking corporations."
Fixed it for you Ron.
Simply take back the creation of the money supply from these bankers and their Central banks and 99% of the problem is solved. Excluding the upcoming collapse and Global clusterfuck that is already baked into the cake that is...
https://www.youtube.com/watch?v=CvRAqR2pAgw (BOE video... first 2 minutes)
No more wars. It took me a long, long time to come to understand this.
Smedley Butler was right, wars are rackets. The Middle East is even worse off then in 2003 (Saddam). Afghanistan? Please.
Blood and Treasure are too valuable to be fighting other people's wars.
this may be off topic, but Ron looks tan. he looks vibrant. its almost like not existing in that den of thieves is good for your health. but he is, of course, correct. not one war, ever, has been fought that didnt result in money printing, currency debasing, etc.
Ron Paul often joked that being in DC would lead to infection - a disease he referred to as "Potomac fever."
Ron Paul has much more patience than I do. I couldnt have been in DC as long as him and stay true to the constitution and liberty. God Bless Ron Paul!
war against the cherokees was paid for by giving cherokee land in payment to the soldiers who chased them off.
worked great.
hugs,
andy jackson
we happened to find gold in that land. enough to justify established mints in north GA and in western NC. totally unexpected!
+ $5.00 1859-C in MS-62
and
+ $5.00 1859-D in MS-62
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True, but they deported us to Oklahoma, where we all got rich from the oil on our new lands.
hugs,
stand watie
Many escaped to the foothills and surrounding areas of the Carolina's. Many people have Cherokee blood in western NC, upstate SC. But certainly didn't get rich from oil. But chief sits with a full house gets very rich of stupid.
Like E. Warren, all of us are Cherokees now.
Excellent counterexample.
Wars are paid for in booty. The warmongers might get them started with a little currency-printing, but the goal is always the booty after.
Could be land, or minerals. Recently it has been oil deposits.
And let's not forget world hegemony. They are printing money like crazy to get that one going, but it is not going as well as they'd hoped.
Maybe he's tanned 'cause he learned from Nixon's mistake.
"Nixon. Tanned, rested, ready"
Kill the Federal Reserve and you kill the monster.
Forget doing little tweaks and fixes to this crony, debt based financial system.
Karl Dennigers One Dollar of Capital seems to be a workable financial system where the banks are basically utilities.
"....One Dollar of Capital is simply the principle that nobody be permitted to "create credit out of thin air", thus artificially expanding the spendable supply of "money" in the system. This, and only this, is the reason for all of the bubbles and financial collapses throughout history.
......With One Dollar of Capital Lehman could have gone broke and it would not have mattered, beyond Lehman. The bondholders and stockholders would have lost some or all of their investment, but since Lehman would have been prohibited from lending or guaranteeing the loan of any money that exceeded shareholder and bondholder equity the damage would have stopped there. Companies go bankrupt all the time; systemic risk only arises when you permit firms to commit acts that on any rational analysis amount to fraudulent emission of "money" such that they can imperil everyone else if their deception is forcibly recognized by the market."
Do you have a favorite financial system that would work better than the current one?
Benny,
Denniger is a little confused, but his intent is basically correct to my thinking. Any typos I apologize for in advance:
Quote:
"Banks are limited to depository institutions. They are forbidden to speculate or trade in asset markets. In short, they are effectively what they were back during Glass-Steagall; they take deposits and make loans. Deposit insurance is limited to these firms on their deposits -- and only deposits, not money market accounts and not debt issued them -- and exists only as an assurance against government malfeasance."
Fractional reserve banks create a money type that is called credit. This credit is hypothecated off of a debt instrument at the moment a loan is taken out.
Glass Steagall had firewalls between different types of banks and insurance. In other words, credit creating private banks have never intermediated real money. Banks do not loan out depositors money.
Savings and Loans DID loan out depositors money.
Glass Steagall firewalls kept dominoes of contagion from spreading. These contagions are likely in a credit system, as all credit loans are future biased.
Credit is the creation of a debt instrument, and its associated credit as money. This credit as money has to be grabbed in the future to pay on a schedule. This money type then surges in an accounting periodicity, and destructs into nothingness upon payback (principle of loan decrements thus vanishing the credit.)
Credit systems domino as Joe has to pay Maria, who has to pay Charles. If one chain in the party does not pay, then the domino begins and contagion spreads.
Glass Steagall firewalls between main street banks, invesment banks, and insurance kept these money interests isolated. After Graham Leach Blily Act, all of these entities cross linked. The housing bubble in the U.S. was largely due to insurance co-signing loans, thus making said loans "look" better. This then allows more credit to be created in a positive feedback, pushing housing prices as an asset class.
Canada had a quasi sovereign money system from 38 to 74, with a few credit issuing banks in the money supply. Said private credit issuing banks were limited to four year loans at 6%. If you wanted to buy a house, your borrowed from a trust, which is similar to a savings and loan. This trust was interemediated money from savers. The house loan was usually around 1% to 3%. The money supply was filled with floating money (not credit) as the BOC issued debt free into productive modes, especially the commons. By 74 there was virtually no inflation, private debt was minimal, public debt minimal, world beating industry, free higher education, free medical. In other words, the economic surplus was spent back into the commons in a virtuous cycle. They didn't tax land correctly though, so fiscal policy was lacking. After 74, BOC was forced into BIS rules by the international cabal, and the now Canada is a debt based system.
Basically Denniger is advocating for sovereign money system, but probably doesn't know it. He has some bank credit blended into the money supply in his scheme
www.sovereignmoney.eu
"Do you have a favorite financial system that would work better than the current one?"
YES
1. Real money: gold or silver, which means that you have to abolish the Federal Reserve System.
2. Outlaw "Fractional Reserve Banking". Replace it with "Full Reserve Banking".
To understand this you need to know that "reserve" has a different meaning in the banking industry.
In a Fractional Reserve Banking system, banks can create "money". The amount that they can create equals DEPOSITS X THE INVERSE OF THE RESERVE REQUIREMENT
For example: if the the reserve requirement is 3%. Calculate 1/0.03 = 33.33
Then take the amount that depositors have deposited in the bank, for example $10,000 and multiply it by 33.33.
The bank now has $333,333 of which they can loan $323,000
The Federal Reserve sets the "reserve" requirements. And it is a bit more complicated because the "reserves" change depending on how much the bank has loaned.
You can find the exact requiements on the Federal Reserve website.
Quit unbelievable, isn't it?
Speaking of fake, textbook use of blue/green screen and stock footage for that production. There is no way those 2 dudes filmed inside the BoE gold vaults.
my roomate's sister-in-law makes $72 every hour on the laptop . She has been unemployed for nine months but last month her pay was $12384 just working on the laptop for a few hours. find out here... www.earnmore9.com
he is right and correct, my president should he run.
i get seriously simple like that short of revolution.
He tried in 2012. He was methodically knocked out of the race by big money, not so ironically contributed by americans throwing it away at oligarchs in Las Vegas casinos.
They say that in a democracy, the rulers will infact reflect the characteristics of the people.
..@"They say that in a democracy, the rulers will infact reflect the characteristics of the people." ...
maybe that is why so many millions of people
have been exterminated in broad daylight throughout historic
accounts?
.
i never give a dime to politicians and no longer
trust foundations or charities. debt notes to
fucked people, i still contribute. also, the occasional
silver ounce to the brilliant and worthy.
.
best to u
correct sir. democide/statism have always been the #1 cause of premature death on planet earth, by orders of magnitude.
Those words also share lots of letters with some other bad words.
Ron - Una città per cantare 1980 [Album Completo]
https://www.youtube.com/watch?v=iq8fTX8nDso
Yes, and this is why Nixon unhinged the dollar from Gold, so we could offshore production, feed the M.I.C., and .gov could make promises for 50 years it could never keep.
This also necessitated a paper precious metals market where tangible value could be suppressed, and fantasy valuations in housing and stocks held before the donkey middle class like a carrot on a string to keep them docile and "investing" and believing - while the "Great Society" programs accomplished the same for the huddled masses on the dole.
Then of course when Russia was no longer the "great threat" that justified all the warmongering and defense spending, a new enemy had to be created; usher in the "terrorists" and troops deployed stateside in violation of Posse Comitatus and militarized police forces and N.S.A. raping of the 4th Amendment along with the rest of the Constitution.
Sacrificing the future for the moment, the year, the decade, some people's lifetime.
It is obscene, unethical, and immoral in the extreme; but that is the truth of it.
Isn't it the case that in 1971 the US had hit 'peak oi'l and negative balance of payments loomed as far as the eye could see paying for imported oil?
And wasn't it also the case that up until 1971, we paid our deficit balance of payments in gold every year?
So when Nixon took us off the gold standard and halted paying for more imports than exports in gold, he was husbanding what little gold we had left in the Treasury?
Never mention Peak Oil on ZH. ZH'ers are stupid about that topic.
Peak US oil production was achieved in 1970 at around 10.5 Million BPD flux.
But around then, maybe in 1971, US consumption (including war effort) exceeded local production. And the imports never looked back as conventional prod fell to round 5 million in 2004 before frack of non conventional began.
Saudi some say should peak at 11 million BPD flux, although there is some doubt about what EOR (enhanced oil recovery) can still achieve in those old wells plus eventual non conventional from new fracks.
NO NO NO NO NO NO NO NO LALALALALALA I CAN'T HEAR YOU! !!!1!
...
'Nother interesting thing about fracked production -- the output tends to tail off more quickly than conventional. Too bad, oil formations in ancient sandstone are getting harder to find.
Nixon unhinged the dollar from gold, yes.
But my understanding of that period is that France (and other countries) were yanking our gold for dollars as the USA was fighting in Vietnam and the residual of the "War on Poverty" here. Our trade & .gov spending deficits led to France et al deciding they would rather have the gold, thank you. France even sent a warship to NYC to load up some their gold to take back.
Nixon had to stop the exchange of gold for dollars IMO. Or we would have had NONE LEFT in weeks or months.
Note now that foreigners cannot come along and buy our gold from Ft. Knox. You might consider thanking Nixon...
We have none left now,,, so the difference is?
If you think we do then please provide me a link to the audit.
There are "audits" conducted periodically, but your point is well taken. Nobody outside the auditors is allowed to come along. Which of course is stupid, a proper audit, with some independent experts (metallurgists, statisticians, media) would cost peanuts.
FOFOA likes "Occams's Razor" (roughly, the simplest explanation or answer is usually the right one), he believes that the +/- 8100 tonnes are still there (some of that at Denver and West Point, 400 tonnes at the FRBNY last I heard). I think FOFOA is right. The gold is probably there. 8100 tonnes is a lot of gold, hard to move that much undetected. Some of any such entourage moving the gold would have said something. That is something I learned when working at .gov many moons ago.
"Three can keep a secret if two of them are dead."
- Mark Twain
I don't think closing the window was some stroke of intentional Machiavellian brilliance designed specifically to feed the MIC. The US was being drained of its gold because it had been bankrupted by Guns and Butter. De Gaulle was the most vocal of those who dared to point at Uncle Sam and say "You are broke."
Nixon closing the window was instead an act of a dying empire flailing about in a kind of quiet panic. The termination of Bretton Woods in this manner was basically Uncle Sam waving a white flag and saying, "Yes, I am broke."
Instead, offshoring and the expansion of the MIC are some of the logical effects of the petrodollar system. The Saudis want weapons and military protection, which requires Uncle Sam to spend spend spend on the MIC. The massive trade deficits - a mathematical necessity in order for the petrodollar system to work - destroy the value of the dollar at home, which then forces producers and manufacturers of all stripes to try and make their numbers by shipping their operations abroad.
I had to down vote you for your lack of understanding of the nature of redeemability of an (gold backed -or any other) IOU. When Tricky closed the gold window he told the rest of the world that the US had been caught in that old banker's game, of fraudently printing money to pay for goods from other people. The dollar-for-gold standard was created in, or at least agreed to in 1944, at Bretton Woods. Massachusetts, the dollar being redeemable for gold. (I believe that the US gained huge supplies of gold by leasing out war equipment to other combatants in WW2). Wondering how the world was going to trade with each other after the destruction of their economies and the stripping of their gold, the world's finance ministers concocted a plan to trade with the US, sending goods to America for gold, essentially exchanging goods for $s. In return, the US gained the privilege of managing (printing) the supply of world's reserve currency, gold being held in reserve for anyone holding an American IOU dollar.
So, as you can see (hopefully), foreign holders of US dollars weren't buying YOUR gold; they were demanding their gold that was transfered to them as payment for their goods the US bought. The dollar was a warehouse receit.
The French were astute enough (as well as others), to see that the Americans were counterfeiting gold certificates to pay for their war in Indochina. They were paying foreigners with un-backed or fake money but not expecting anyone to take delivery. That's an old con from the Venetian Goldsmith days.
When you give someone an IOU (like a $US), the IOU holder expects to be able to redeem it. If you loaned me a hammer and I gave you an IOU saying that I owed you a hammer, when you came back to ask for the return of the hammer, redeeming or exchanging your IOU for the hammer, I doubt you would be happy being handed another IOU. Settlement of the agreement between us is still outstanding. That's the essence of the monetary system we have today. The US still hols the right to print the reserve currency of the world where all international trades, up until recently, have been sold and bought based on a treaty which was torn up the day Nixon said; "As of this day, America will no longer be redeeming IOU's for gold".
The French et al who sniffed out the scam, asked for delivery before someone else got there first. They sent America goods and were paid IOUs but SETTLEMENT only occured when the IOUs were redeemed.
See the video's by Paul Grignon on Utube; "Money as Debt.
For those who haven't yet seen the de Gaulle gold speech, it's very good-
https://www.youtube.com/watch?v=Q9r1NLMFixo
" The French were astute enough (as well as others), to see that the Americans were counterfeiting gold certificates to pay for their war in Indochina "
Funny thing was, Vietnam was a French Colonial war to start with.
some people actually called
Settling Our Deficit Balance of Payments
A balance of payments represent a nation's credit for its exports and debits for its imports.
The US had agreed to settle its balance of payments with the countries that exported to them in gold.
The war in Vietnam and the war on poverty didn't have much to do with paying for imports in dollars anf not gold.
The fact that the US was on the verge of becoming a permanent importer of oil had everything to with it.
You didn't have to be Richard Nixon to know that in the future the value of our exports were never going to equal the value of our imports. And that if we didn't rescind our agreement to pay for excess imports in gold, we wouldn't have any gold left.
SOURCE: Bureau of Economic Analysis, International Economics Accounts, U.S. Department of Commerce, http://www.bea.gov/international, Washington, D.C., 2006.
United States balance of payments, 1970-2005(In millions of U.S. dollars)
http://www.encyclopedia.com/topic/balance_of_payments.aspx
1970 1980 1990 2000 2005 Current account Exports of goods and services and income receipts 68,387 344,440 706,975 1,421,515 1,749,892 Exports of goods and services 56,640 271,834 535,233 1,070,597 1,275,245 Income receipts 11,748 72,606 171,742 350,918 474,647 Imports of goods and services and income payments 259,901 –333,774 –759,290 –1,778,020 –2,455,328 Imports of goods and services –54,386 –291,241 –616,097 –1,448,156–1,991,975
This is something I have said for years. For years I would hear so many say we need a war to stimulate the economy. I would ask where would the "money" come from to pay for all of the resources being consumed. And, what would be the result of no longer having a good deal of the goods and services produced in the circular flow.
Consumption in war destroys the raw materials and capital resources along with the use of a good deal of labor energy. The energy used to create said resources are no longer in use after the war and are removed from the circular flow. The "money" created out of thin air to produce military resources does not go away and continues to be present in the circular flow devaluing the the currency in existence prior to the war.
The founders were well aware of this notion which is why the preferred not to meddle in the affairs of other nations.
The number of candidates in the Republican race are there to divert attention from Rand and his movement to challenge the FED and Wall St. I would bet these guys are getting financed by those Rand is attempting to expose.
There's a reason for you! We need a good destructive war (the "break a window" driver), as a stimulus for the Eeeee konomy. Totally fucked as you imply.
As an aside,,,,,; Fuck Rand Paul, that boot licker. Kneel before your Israeli benefactors, Rand, you treasonous piece of shit.
can we revert to the basics? the origin of
all existing human motivation since birth or since
1913? the motivation of governmental, institutional and individual
motivation. "money", "cash", legal standing and balance.
says who?
me thinks you be blind to the power of the sin/spell,
requiring the ignorance and stultification of even the
genius.
freedom beckons. do not believe your government, press it
to respect everything and everyone or die.
government, it is of experience, insight and inspiration
or it is tyranny to be dissolved. it is not for children
or bullshit artists, lovely, as they can be inspirations.
.
the world will not last under the spell of the money changers.
it will, through the power of the zombie initiate, eat itself.
that is the fundamental design and structure created by these
persons in 1913, war-burgs as agents.
.
example, the germans and the greeks. are the greeks responsible
for millions of deaths in the 20th century? did they receive
a 50% forgiveness on their debt and 30 year renegotiation on
the remainder? no
It's ironic that Tyler posted this article. I was talking with my Mother earlier.
We were reminiscing about the past, and she mentioned how that she had found a book of old WWII script.
She said the book was almost full, and also found some material asking people to save all their tin and other metals for the war effort.
Those P/M's are just ancient relics until you need them. /sarc
It's not the wars. The wars are paid for. PERIOD.
The entitlement spending is orders of magnitude larger than war spending. PERIOD.
70% of the federal budget is transfer payments.
See for yourself:
http://www.usdebtclock.org
http://www.costofwar.com
I'm tired of everyone blaming our fiscal problems on war while they give away the store on social security, medicare, medicaid, SSDI, obamacare, welfare under a zillion different program names, SNAP, section 8 housing and intergenerational handouts to the inner-shitties for half a century. The whole USDA revolves around food stamps and farmer subsidies. Enough diverting every conversation to war debt being the sole problem already.
How are the wars paid for PERIOD... that differ from everything else?
And besides,,, they just print up what they need, they don't really care to much about tax dollars except to keep you towing the line.
Yes. Read the U.S. Constitution. It spells out what the government is tasked to do and what it isn't.
Serf's up! Keep voting and working for those dream bucks. They've got to get their value from somewhere. Funny ain't it, how you never seem to get any richer working for those fuckers no matter how hard you try? For most people anyways.
War is entitlement spending.
Note that the wars in Iraq and Afghanistan will cost more than $6000 billion compared to $738 billion for the Vietnam war in 2011 dollars. The Vietnam war forced the US to go off the gold standard on August 15, 1971. America's current wars will decimate the dollar. But, at least, the droner-in-chief will still be the most admired man in this world in Gallup polls.
The decade-long American wars in Afghanistan and Iraq would end up costing as much as $6 trillion, the equivalent of $75,000 for every American household, calculates the prestigious Harvard University’s Kennedy School of Government.
A few people died in those wars too,,,
We lost more than fake money.
I'm overthehill and not keeping up. Why the the talking head wear a key around her neck?
Wind up? :)
It's-The- Money.
"All welfare is paid for by debasing the currency."
War & welfare, its the Keynesian way.
//////
I can't believe that new phrasing of the title of the article (in the world as I see it) didn't get downvoted...lol.
So, "progress" then?
Look inside yourself, comrades ;-)
Quite right. All government spending via the creation of fiat based on debts that is itself created by runaway fiscal imbalances debase currency or steal value away from the store of value. Stolen to feed those involved in the MIC and to enrich the bankers, their political minions and the unproductive compliant. We now have untenable debts, as anyone who can read a compound interest formula can confirm, yet the facade of a "hard currency" persists. Why?
The facade maintained by the msm, the stupidity of those who trust authority and even perhaps the combination of other central banks around the world dashing their own currencies to the bottom to support their exports along with the frightened masses everywhere running to the greenback where there are wars, sanctions, recessions and the kind of general chaos only the State Dept can create on foreign soil with Vicky Nuland's special talents.
Perhaps most importantly, this facade in the strength of the reserve currency originates from the time when the economy went batshit crazy and formulated the Debt-As-Asset delusion. We now have so much debt-(Pretending to be Assets)-backed currency sloshing in the system, debts that are potentially generational on a geological timescale, that the Federal Reserve ought to have a wrought iron sign outside their buildings: "Zukunft Arbeit Macht Geld" (Future work makes money). That is the price of instant gratification going full retard on a global scale I suppose.
lol...quite right YHC and not just the MIC (and of course, bankers) but the promotion of and to give succor to, a permanent underclass, an underclass wholly dependent on the state and it's ever growing list of acronym bureaucracies which seem to employ only 400lb middle aged women with bad attitudes who drive Mercedes & Beamers, who stare coldly over their half rim eyeglasses at the blissfully unaware new underclassmen (and women) candidate while asking them why they don't have their form D-29 along with their form 502-Y to complete their paperwork for entrance into permanent underclass status.
I wholeheartedly agree, debt cannot be an asset in the way we think of assets, assets are things held/owned free & clear of all encumbrances. But in the way they think of assets it is, just as a chain is an asset to the one using the chain to enslave another.
Zukunft Arbeit Macht Geld!...I like it ;-)
Past empires have always paid for their armies and expansions through the the loot they brought back from their conquests. The military shared the wealth and everyone was happy. Well, everyone besides the people who were the victim of war. Once the military couldn't pay for itself the empire started debasing its currency until it reached the point where the currency had no purchasing power and the empires started to collapse.The U.S is the first empire in history that was built on the backs of the citizens through debasing the currency from the beginning. I guess that's the power of propaganda and convincing a population that they are exceptional. You know, manifest destiny and all.......
Well not from the beginning, the full-on-retard-debasement started in 1913 ;-)
The Squid Monster from Jeckle island. I think of Hedgeless Horseman every time I reference that book.
He gave us the free > PDF.download 2-3 years ago during holiday season.
Read about Krupp. They did all this in Germany in the 19th century. Come to think of it, they did all this to Britain in the 18th century...
SUBTERFUGE!
Keep your friends close and your enemies even closer.
This DemPub Cancer is the longest of long-cons in the history of recorded mankind.
The ONLY good Politician is a DEAD Politician. Even the one's who have a modicum of decency are compromised eventually ( intimidation, blackmail etc etc ). It's shocking that Anyone on Z/H can fall for the BS as witness John the drunk Bonehead's complete capitulation again and again and again . . . . . and yet is elected time and time again to rally the troops.
Who is the biggest scab, Elizabeth Warren who stands her ground on her principles or the MF'r who claims he stands for principles he doesn't?
Who are the Sheep, the man who can barely tie his shoelaces or individuals on Z/H despite being informed of the subterfuge every day , yet still, attempt to differentiate between the 2 ( for the price of 1 ) PartyPoopers?
You've got 6 up-votes!
If you had said that on the Trump Raises Middle Finger post yesterday or tried to explain the utter stupidity of voting for the continuation of this nightmare of a coup, you would have been crusified.
Shit, peops there were prepared to vote for The Don, 'cos The Don had said some truthy kinda things about the incumbents and has a good looking bike as a wife. This place has turned to shit. Even Knuckles joined the chorus. I got smashed over that but it gives me hope that I saw 6 people there in agreeance. 6/40. WTF.?
I'll say it again, whilst this system of malignant, parasitical, criminal (not one has supported the Constitution and we've still got counterfeiting bankers buying our represen.... no, (I can't bring myself to say it) those treasonous enabling scumbags in both the Fed arena and State,,, then,,, We're fucked and plucked.
That fucking putrified worm Jimmy Carter came out of his grave to announce that he NOW sees that the whole miserable show is bought and paid for, (SGT) from the top down. No shit, Sherlock. He's as treasonous as that bastard Wilson and that socialist asshole, FDR.
Go ahead and vote you chump assholes. Wave the fllag and support the troops who work for them.
Where's our Republic you fucking cowards, I want it back and I want our Constution back! A coup has occured and most are too busy hoping to see it.
Some dopey idiot called Bumpa said I was naive for not wanting to vote and said she was going to vote because she had to do something. Fucking lame-brained dill.
I'd better get off this thing before I get really pissed.
Party on.
There would be no wars or they would at best be of limited duration if soldiers demanded and received payment in gold.
There would be no wars if the old fuckers starting them were also the ones who had to go to the front lines and strap on a weapon. Poof. Wars would end. Meanwhile, 19 year olds fight wars started by 60 year olds who never get their hands dirty, they just get richer.
Yes, all empires die from over-extension. Anyone that has read a little history ought to know that undeniable fact.
But, unlike the Roman Empire, where the fall was slow yet inexorable, America's is going to extinguish like a super nova. In fact, I suspect the collapse is going to be so sudden that many soldiers garrisoned overseas will be stranded. We won't even be able to pay for their transportation home. Bases won't be closed; they'll be abandoned.
I guess the silver lining in this collapse is that the constant, incessant warmongering will mercifully cease. The neocon stranglehold on US foreign policy will be lifted (Israel will have to find a new host to suck dry).
The bad news is that there won't be any more transfer payments for the free shit army. Imagine 48 million starving parasites without job skills, ambition, or a work ethic unleashed on the rest of us. If you live in a major metropolitan area, you might think about a Plan B.
Well, probably not like that. We are stil the worlds superpower like it or not. No matter how bad shit gets, we are still the go to place so, you can come off of the edge and take the rope off of your neck now. People know the game is rigged and many are awake and paying attention. We did not vote for this crap. While most of us are working and raising families, politicians got in bed with banks and large corporations and sold their souls and along with it the vibrancy of our once relatively free economic system. If you dont beleive we are paying attention, look at the electoral map on a state by state basis. It os red from sea to sea witha few small blue spots. Common sense conservative responsible people are paying attention and there are legions of us who give a shit. We have a systemic failure in DC. The politicians are acting like kids when a substitute teacher is in the class. They think we are not patying attention. We are. Dont get me wrong, there are allot of people who do not want to know how bad things really are. They watch the Bachelor and Dr Phil and avoid informing themselves at all costs. We will get this thing vack on track. Always have. Always will. It is part of our DNA. We are not like thr Eurofags who have been living under the umbrella of our military while they take 10 weeks of vacation a year. And as for Dr Paul, he has so e good points, but war is a reality. It will never stop. We fight over territory. Our options are we wait for it to come to us, like oblowhole is doing, or we take it to them. So, Rue Paul can stop the war crap. The welfare state dwarfs the military complex tenfold. We should turn our military on those fucking losers.
Your comment promises much ' unkle munky ' (clever avatar,not ) but delivers nothing! Of all the comments posted on Z/H this has to be the most nonsensical that i've had the misfortune to read in my 3 or so years here. If i was a primary school teacher and you handed over this tripe i'd make you sit in class during break/lunch times for a whole term or two to learn basic sentence construction, for a start.
So you know what's occurring in this big bad world and are waiting and watching, biding your time. If you wait any longer they'll arrest you for loitering with No Intent. Is it that you are expecting a large marshmallow man to appear on the horizon and swallow up the 'deep state'?
Yes the politician are behaving like kids but for the reason that they are terrified of the evil vicious bastards who will murder them if they do not toe the line.
Citizens of the western world have been condemned to live in perpetual chaos and fear just as in East Germany up until recent times.
There is NO getting back on track for the USSofA; Everything is downhill from here. The States are an empty shell with a score or more of Hedge Funds gobbling up the few remaining independent profitable entities. To reverse this fact will take a 100 years or two/three generations.
You can have your military back because the worlds' sheeple don't want them, maybe except for a few puppet regimes or despots who need to quell growing dissidence.
Turning the military on folks who have been blindsided or totally naive are the ravings of someone who should should not be living among society.
With a $1 trillion per annum being spent on the MIC ( a conservative estimate ) you reckon therefore $10 trillion is being spent on the Welfare State; i'd have to assume therefore that $9 trillion is being spent on the Corporate Welfare State and it's these fuckers who the military if they had any balls should turn on.
I sincerely hope you are childless, although you infer to being a family man because you are the antithesis of a Role Model and come across as highly unstable.
Have a shit life you lunatic.
While the future does indeed seem dark and beyond the capacity of mortal man to reverse, there are other forces at work as well. I have two thoughts to offer on the subject of our inevitable and immediate collapse:
1) Many great nations have regenerated and gone on to great things after an apparent moment of onrushing collapse. There are many, even here at ZH, who would hearken to such a call for renewed virtue and lend their shoulders to the cause.
2) It may well be that we will fall and fail. Should that happen, I wish to stand before my Maker and answer to my ancestors with the statement that I did not desert their cause in its moment of greatest trial and agony. I was true to it and them to the end.
"Then out spake brave Horatius, the captain of the gate:
To each man on this earth, death cometh soon or late
And how can man die better than facing fearful odds
For the ashes of his fathers and the temples of his gods."
(Quoted from memory. Apologies for any incidental errors)
How can an insolvent nation be a "superpower," pray tell?
Bankrupt world-bully would be more accurate.
Unfortunately you got all wrong. But to be fair I think most people do. War is reality you say. True statement. But what you don't realize is that warfare and the welfare state are one and the same under our debt money scam. It matters not to bankers where the money is spent. And lets define bankers as the ones who own central banks, people you never heard of and people who's names are never even whispered. War spending drives up debt and keeps unruly players in line. It's really simple, three basic things central banking must have: debt, more debt, inflation and public ignorance as to how they are being enslaved to imaginary debt. As the debt grows they must inflate the currency to keep the debt from crushing everything and there are many tools for this. Your government US, Great Britain where ever doesn't matter, under this debt, system cannot stop spending/borrowing....ever or it all collapses. When the debt grows unsustainable they start pulling out all the tools, interest rates, 3000 to 1 fractional reserve lending, taking over student loans, straight money creation, bond buying, equity buying and on and on. Eventually the debt will swallow everything and the board will be wiped clean. There are many things in the gov/banking sector that you don't realize are just tools to inflate and incur more debt, war would be on the debt side.
As Paul has said before "all roads lead to the federal reserve". I would amend that by saying all central banks. Really though probably all one and the same as well. True there will always be aggression amongst humans but it doesn't have to be arranged for profit. And using the word profit when speaking of the central owners is just not accurate. When bankers are allowed to loan money into existence they already own everything simply by you accepting their notes as money, which it is not.
Thanks, Ron Paul. You've explained quite well how The Great Red Dragon (Serpent, Snakes In Suits, etc.) has struck repeatedly throughout history. Who knows what names they called it before books were written, but it was the same circus, just different clowns.
None of these wars had to happen.
I am done with Trump now.
His adviser Sam Nunberg who tweeted racist stuff was fired today. When I looked into this guy he is
pals with that insane Pamela Geller.
That and his two kids who married into the tribe, I am done.
Trump is scary calling himself "the most militaristic guy ever"
I'm voting Rand Paul because he has the best voting record hands down.
All of this seems like a kosher magic lantern show to me anyway.
Chris give us a visit in 3-5 years. North Dakota, is beautiful place.
Don't believe everything you read on the interwebs.
I guess I only try to write like Ron Paul.
I'll bet you 27 cents 99.99 percent of the American public doesn't understand the concept that debasing currency is inflation.
It isn't. Debasing a currency isn't "devaluation".
Debasing a currency is lowering interest rates, or the Fed. buying MOAR bonds from primary dealers, and forcing lending.
The problem is that the Fed pays interest on EXCESS reserves. The Fed. wants liquidity, and wont cut the OIS that primary and secondary depositors keep on the books.
That is why the Fed. can't raise rates. It's not about the amount. It's about a flash flood of short term Treasury Notes hitting the market with NO buyers.
From the latest National Geographic issue, August 2015:
The U.S. spent $13.3 million a day conducting the air war over Laos. In 2014 it spent $12 million clearing unexploded ordnance from the war.
The U.S. dropped more than 2 million tons of bombs on Laos from 1964 to 1973 during the Vietnam War. That's equal to a planeload every 8 minutes for 9 years.
... " ... overwhelmed with debt, and gamed by rigged markets ..."
... Mr. Paul made a lot of sense of his assessment of the economy which, ironically, might also remind us of the distortion it has caused in our daily lives and how we might look at ourselves in an "economic" way ... hairline going into recession, tummy suffering from inflation, ass et values might get hit with a sudden bubble-bursting deflationary eruption, global debt from credit cards and mortgage or rent increasing the risk of another bloated financial crisis by decreasing bank account balances and those plastic cards' interest rates crippling the ability to save, weakenening an already inadequately-poor and unprofitable situation, wallet debasing regularly and continuously losing the value of fiat currency while spending on non-essential things, commodities prices on a steady incline, while all these factors might lead into personal depression if no bailout loan received from another source or from our greedy bankster's fiat collection. Rinse and then we go repeat the whole cycle over again.
... which reminded me my telephone provider emailed to inform me that my bill was "outstanding" ... to which I replied "thanks!"...
Ron has learned in spades : good advice is rarely taken. wisdom comes to the old but an apex preditor is what he is..he must eat. the money & power addiction is strong in the human apex preditor..some here call it sociopathy. I call them reptiles as you can keep a reptile feed it, house it, however the reptile never becomes docile..as the kid who recently died by his pet cobra, the pet owner has illusions, the snake never. apex humans are reptiles.
"The entrance of the United States into the world war on April 6, 1917, was the greatest victory that the American plutocracy has won over the American democracy since the declaration of war with Spain in 1898. The American plutocracy urged the war; shouted for it; demanded it; insisted upon it, and finally got it.
The plutocracy welcomed the war not because it was a war, but because it meant a chance to get a stronger grip on the United States." an excerpt by Scott Nearing from his essay "The Great Madness"- 1917 - http://www.bigeye.com/madness.htm
"War is a racket." -- SmedleyButler
But what racket? The racket is the stealing of the product of the people. The racket is the stealing of the youth of the young. The racket is the stealing of the young from their parents. The racket is blood and misery, someone else's, for plunder.
"The only way to smash this racket is to conscript capital and industry and labor before the nations manhood can be conscripted. One month before the Government can conscript the young men of the nation -- it must conscript capital and industry and labor. Let the officers and the directors and the high-powered executives of our armament factories and our munitions makers and our shipbuilders and our airplane builders and the manufacturers of all the other things that provide profit in war time as well as the bankers and the speculators, be conscripted -- to get $30 a month, the same wage as the lads in the trenches get" -- Smedley Butler
Liberty is a demand. Tyranny is submission..
INDICTMENT
Americans are criminals because Americans violate the Constitution of the United States of America.
The U.S. President Obama, the entire U.S. Congress, the CIA, the FBI, the U.S. Military, and the entire Police Force of these United States SWORE to protect, serve and uphold the U.S. Constitution.
The U.S. Constitution forbids usage of debt as money (referred to as 'notes') and stipulates that only gold and silver can be used as money.
Yet,
Americans commit or support and condone the murder and torture of human beings throughout planet earth in the name of democracy and freedom, all for the sake of acquiring Constitutionally fraudulent and illegal Federal Reserve Notes a.k.a (counterfeit) U.S. Dollars.
Since the United States is a democracy and Americans only elect Democrats and Republicans who perpetuate this unlawfulness,
Americans are indicted criminals according to the United States Constitution.
Spread the word.
Sure, sure accept replace the word Americans with World as the US is just a tool in the central bankers tool box. As soon as central banking notes are accepted around the world we are basically consenting that they own everything. It's a simple scam really.
I lost some respect for RP when I saw he did an infomercial for Porter Stansberry. I learned about Stansberry here on ZH.
Yuck.
Pentagonia has weaponized information, now it's weaponizing money but can it weaponize coyote?
(Who's the weaponized chick on the right?)
re All wars are paid for through debasing the currency
And, more importantly, through debasing the human soul.
And all for the profit of SCUMMM* like the Nudelman-Kagans & their paymasters.
(SCUMMM* - Satanic Cabal Underwriting Mass-Murder & Mayhem)
Damn right and Pax Americana became a warmongering Empire to serve its MIC when they realized that selling guns for butter was a way of controlling the world. That happened after the Cuban stalemate and both Superpowers got hooked to selling guns for butter. But the USA was better at it.
Butter's false proxy being the greenback. Now the Greenback only bows to gun usage against anybody and everybody as its addicted to it; its US elites hooked; and the rest of the world cooked like grilled insects.
True statement. That's why Tricky Dick took us off what was left of the Gold Standard (Brenton Wood)
The continued militarization of the U.S. is disturbing, but the idea that this will cause our financial ruin is stupid.
Despite a bloated budget, defense spending not historically large as a percent of GDP or as a percent of the budget.
Social security and Medicare costs are growing much much faster than defense, and are already twice as large. I'm all for cutting defense, but the collapse of the economy will be at the hands of social programs, not defense.
The collapse of the economy will be at the hands of unpayable debt... engendered by the malinvestment at all levels.
At least social programs inject money at the bottom of the economic pyramid and trickles up through the purchase of goods and services. MI spending often goes abroad, directly to the top of the corporate food chain or is simply blown up destroying GDP at the receiving end.
There will come a time (soon) when government is totally privatized and Joe Citizen will have even less input than he has now. Perhaps we can all become policemen or security guards and take our revenge on the usual scapegoats...
The formula works in reverse too. By charting real inflation, you can determine when a nation is in a state of war.
For most of US history, there was zero inflation except in wartime. Every war, inflation spiked.
Starting with Vietnam, US inflation spiked - and it has never retreated to baseline. Accordingly, we have arguably been in a continuous state of war (declared or otherwise) since about 1963.
(I believe that the US gained huge supplies of gold by leasing out war equipment to other combatants in WW2).
Al and others are hinting at an important point. Wars, especially world wars become very difficult if international trade is seen as barter. All international trade is only barter. International trade is only barter, is a point that is beyond debate. Sadly, even modern humans have trouble understanding this.
Nixon went off the gold standard in 71 because deficit spending on Vietnam War caused excess dollars to pile up in French, British,
German central banks. French central banks in particular had influxes of dollars as Vietnam was "French-IndoChina" colony.
France had two choices: 1) Buy mainstreet goods from Americans 2) Buy Gold
If a car bought from America equals one less Peugot made, then France made a simple calculus: Buy the Gold and get rid of your dollars...after all the dollars are not that useful in a French economy.
International trade needs to be marked in an accounting unit related to GOODS and SERVICES. It is a huge mistake to mark trade in a nations unit. A nations unit is money "pay to the bearer" unconditionally, and also settles legal disputes. A nations money should never blend through exchange rate mechanisms internationally. It would be the same as if blood and cerebrospinal systems cross contaminated, leading to death of the organism.
In the post Bretton Woods system, and prior to 71, international trade imbalance was settled with Gold flows. Nixon COULD NOT prosecute the war without going off of this gold 'trade' system. One could squint and say that Gold during this period related to international trade of GOODS and Services, meaning it related to barter.
Does Ron Paul pray to God?
It is amazing how much information about how much has been lost in the dumbing down and corrupting of Amercia has been done in recent years. John Dewey learned from his German mentor to bring the theory that man is naturally good into the education system and that education system has been nationalized by the Federal Government. Meanwhile Edward R. Morrow has done the same for national media. The same thing has been done to churches through the National Council of Churches. John M. Keynes and his followers has messed with our economy until our future is bleak. They have denied the basic nature of man is evil and exalted evolution to the forefront of our society. They have been so effect at it that it has become impossible to tell anyone about the truth. They have substituted the truth for a lie. It is no wonder America is going down hill so fast. Murder, porn, racketeering, blackmail, selfiness, lying, stealing, fraud have become the values of our day.
The currency of war is flesh and bone gentlemen, gather 'round and haggle.
theres one big misconception of most American's, Europeans, brits, and Japanese,, are living,and working under.
in america, theBIS 's FED's CB's, the TBTF's isn't just aruning jok, our elected politicians have made it law, their fiat, warfare, welfare money, and derivative debts do have assets to back them up, every Americans assets living in america, their savings, and taxes on all Americans future generations earnings.
if you don't believe me, go to you're bank try to withdraw your savings, then ty to get a passport.
ben franklin stated after signing the constitution, we gave you a republic if you can keep it.
the signers were very opposed to a democracy, where the majority could make all the rules, and would be doomed to fail.
here lies Americas slim, to no chance of surviving.
we still have some what of a federation, not a democracy, because 1%that are making the rules ,and laws, not anywhere near a majority, but we don't have a citizenry with the morals, or ethics of 1779 america, to stand againist this lousy 1%.