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Mike Krieger Explains Central Planning for Dummies

Tyler Durden's picture




 

From Mike Krieger of KAM LP

The powers of financial capitalism had another 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 private meetings and conferences. The apex of the system 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 (Bill Clinton’s mentor at Georgetown) from his 1964 book Tragedy and Hope

Crime Once Exposed Has no Refuge but in Audacity.
- Tacitus

Central Planning for Dummies: There Will Be QE

For several years now I have been sounding the alarm that if you want to be engaged in the financial markets you need to assume that markets are being managed (rigged) more aggressively than at any moment in any of our lives.  The Bernank and others on Wall Street and the District of Criminals understand that the situation is pretty much hopeless.  Ever since 2008 they have had one strategy.  From a monetary and fiscal standpoint, that strategy has been to pump massive amounts of liquidity into the system while at the same time borrow enormous amounts of money.  The thinking was that this would stabilize the situation, create confidence and thus ultimately a dynamic sustainable recovery.  They certainly bought a few years with this plan but confidence has not returned, nor has there been any sustainable recovery.  What we need to understand at the moment is that The Bernank and all of his fellow Keynesian Central Planning magicians know that they have failed.  This is why he is running around on college campuses presenting his sad and intellectually dishonest presentation of propaganda that even a six year old could refute.  In fact several people have done just that.  Here is one good article on it.  http://www.zerohedge.com/news/guest-post-open-letter-ben-bernanke.  Moreover, Jim Grant recently gave an incredible speech at the belly of the beast itself -The New York Federal Reserve –where he completely undresses the Fed right to their face.  You must read this one.  http://www.zerohedge.com/news/must-read-jim-grant-crucifies-fed-explains-why-gold-standard-best-option

So what we need to understand is that we are in one of the most dangerous phases of this crisis at the moment.  The priests of fiat are being attacked from all sides.  People have awoken to the Fed and how criminal and deceitful this organization is and the existential threat it poses to economic freedom and hence human liberty.  The arguments against the Fed are blistering and the only rebuttal the Fed has is to spout the same old nonsense like “we saved the world” or some trite derivative of this fallacy.  The only thing they saved are untalented speculators from their bad bets.  What the Fed has systematically done is literally transfer all of the bad debts and bets from the banks to the taxpayer.  We are living this reality to this day.  This fact is becoming increasingly understood throughout society, hence the emergence of the tea party and then last year’s Occupy Wall Street movement.  So the thing I want my readers to really internalize is that the Fed and indeed TPTB generally are getting slaughtered in the intellectual arena and they know it.  As a result, they feel cornered and will thus act increasingly aggressive to prove they are right and everyone else is wrong. 

As I have said many, many times before, The Bernank needs to create more money and he knows it.  He is irate beyond belief that his academic theories have not worked.  He is furious that he can’t make the housing market come back to life.  He is having a temper tantrum that people actually have the nerve to link printing trillions of dollars to the rise in commodity prices.  He wants to launch QE3 this quarter but he feels like public opinion is against him (he’s right) and Obama is having his own little panic attack about gasoline prices and the election.  So what’s a Central Planner to do?  Well, exactly what they have been doing as of late.  Lie.
 
The release of Tuesday’s Fed minutes was unlike any I have witnessed before.  The Fed minutes are usually interesting to read through and every now and again have some very useful nuggets in them.  That said, I have never seen them used as a way to make a statement and impact markets as was the case with the latest release.  As soon as it came out there was the red Bloomberg headline “FOMC Saw No Need to Ease Anew Unless Growth Slows, Minutes Show.”  After this came out the markets sold off but in particular gold was raided aggressively.  I had noticed the weakness in mining shares in the morning (which is almost always a signal a raid is coming) and I mentioned this to a few friends.  There is no way in a free market I could have foreseen this raid so easily.  The reason I could see it ahead of time is because this was a very well orchestrated attack on an asset TPTB are desperately afraid of.  Gold to Central Bankers is like Sunlight to Vampires. 

What I found most interesting is that several people seemed confused.  I read statements like “ I don’t know why the markets reacted this way, they said nothing new!”  The markets reacted the way they did because that was what the Central Planners wanted.  I mean who “reacted” that way to the minutes?  A few PPT machines? There is no volume in the markets, retail is dumping stocks week after week and prices are being set at the margin by manipulators in a futile attempt to bolster confidence (hasn’t worked in four years so they are doubling down on the strategy of course!)  Despite the nonsense they say about not needing to do QE3 because the economy is better, the exact opposite is true and they know it.  They also know the minute they announce anything gold, silver, oil and other commodities will surge to the stratosphere.  That said, the goal is to try anything they can to get oil and precious metals as depressed as possible ahead of the announcement.  That is what the Fed minutes announcement operation was all about.  While they have knocked precious metals down, oil is proving to be a much harder nut to crack.  This is very interesting because it appears that these clowns have gotten as much mileage as they can out of the “we don’t need more stimulus” lie.  What will they come up with next?  I don’t know but I do know that the Federal Reserve and TPTB understand they are fighting for their lives and their survival.  They will pull out any and every trick in the book before they die.  The more cornered they have become they more aggressively they have acted.  Watching the most powerful people on the planet fight their inevitable demise has been and will continue to be fascinating and frustrating.  They will fight and fight.  They will rig and rig.  They will lie and lie.  Until one day the whole thing will end seemingly overnight.  They will vanish into history, disgraced and remembered for time immemorial as some of the biggest fools in world history.

Dave Janda Interview       

Recently I recorded another radio interview with Dr. Dave Janda out of Michigan.  Dave is one of the most tireless freedom fighters I have ever encountered.  He has been doing it all of his adult life and I am very proud to be in the trenches with him during the most important battle of any of our lives.  You can hear my interview here.  http://www.davejanda.com/audio/MichaelKreiger032512.mp3  Please take a listen.

Belligerent Act.Org

A friend of mine recently created this website to help protest the NDAA and get the word out http://belligerentact.org/.  Not only is it a good summary of how TPTB are attempting to put a police state in place ahead of the increased rebellion they know is coming once a critical mass of the citizenry get a handle on just how badly they have been systematically looted by the crony capitalist mafia, but it also allows you to put a “Belligerent Act” banner at the top of your website as a sign of support and means of getting the word out.

Owe The IRS?  Bill Would Suspend Passport Rights For Delinquent Taxpayers  

I want to end with a very short but very telling article regarding the potential loss of travel privledges at the hands of the IRS.  Here are some key quotes:

A bill authored by a Southland lawmaker that could potentially allow the federal government to prevent any Americans who owe back taxes from traveling outside the U.S. is one step closer to becoming law. Senate Bill 1813 was introduced back in November by Senator Barbara Boxer (D-Los Angeles) to “reauthorize Federal-aid highway and highway safety construction programs, and for other purposes”.

However, there does not appear to be any specific language requiring a taxpayer to be charged with tax evasion or any other crime in order to have their passport revoked or limited — only that a notice of lien or levy has been filed by the IRS.

http://losangeles.cbslocal.com/2012/04/04/owe-the-irs-bill-would-suspend-passport-travel-rights-for-delinquent-taxpayers/

Hmmmm, interesting isn’t it.  You don’t need to be charged!  All that needs to happen is a notice filed.  Just like the NDAA allows the government to imprison you without a trial.  Just like the recent executive order Obama signed that allows him to take over the entire economy in any “emergency” whether in peacetime or war.  The bottom line is this.  This sort of legislation doesn’t happen ahead of an economic recovery.  It happens ahead of a collapse.  Welcome to the recovery! 

 

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Thu, 04/05/2012 - 21:01 | 2321001 WezTheJuic
WezTheJuic's picture

Hmmmm,

A short-term test of the new lows?  Hmmmmmm.  (Must be old news by now.)

OR

Flip a coin.

Yet, the net result remains the same.

Cheers,

Pens,

 

Thu, 04/05/2012 - 21:54 | 2321122 Sathington Willougby
Sathington Willougby's picture

 

Print Munky, that junky monkey

print munky flunkie, that junky Monkey

 

Got this twist that's more than real

Spend print munkey, here's how you feel

Put your right rate down, your left rate high

Tilt your rotor back, fellatiate the sky

Timmy with the stick, BB rocks the jets

Corzine got nice with all the muppets

We offed Congress, we don't mind Paul

Wherever we go print for the long haul

GW print trees, BO is OB

TaxPay R foots the bill most definitely

I print munky and I print fast

island in bahamas

That's where I stash

 

Print munkey, that junky Monkey

Print munkey junkie, that flunky Monkey

 

'Cause I print anytime and anyplace

When constituents get ill, shove inflation in their face

gold is Def smothered with shorts

Come on y'all, we'll buy the courts

Coolin' in the numbers, gettin kind of clunky

Me and the crew, start whippin print munkey

Facebook girl, she gave me the like

at the lecture hall, she called me a kike

I print with the munky, can't seem to stop it

Went over to the girl, "Yo baby, you a muppet?"

I offered her a buck, the girl she gave me the duck

she started to pout, the print wore out, now I'm on my third bout

 

 

Print Munky, that junky monkey

print munky flunkie, that junky Monkey

 

 

pull back on the bar, put the bird down

She breaks out the S&P and slaps gold around

Take a loan, you can own a home, you got right to it

We had a case in the courts and we went right through it

 

You got an oil well, thinking you're trading

I'll overthrow your rule with a CIA raiding

You'll have a banking pres before you can think

And if you got beef you'll debt to the brink

 

Monkey and printing and media lies

Debt, debt girls, girls, hypnotize

The song and dance keeping you in a trance

If you save fiat, I got my advance

 

I print it, I think it, I see it, I be it

I love print munky cuz gold won't beat it

We got the ink, you got the jet

Come on everybody let's get in debt

 

 

 

Thu, 04/05/2012 - 22:56 | 2321213 Dicite justitiam
Dicite justitiam's picture

There is a hidden layer of irony here, +1 if u see it.

Fri, 04/06/2012 - 04:22 | 2321486 boogerbently
boogerbently's picture

Immortalizing their sin in song.

Sat, 04/07/2012 - 03:05 | 2324148 Dicite justitiam
Dicite justitiam's picture

I hadn't thought of that, but not what made me chuckle: that the most commercially successful rap act the world has seen has something quite in common with the most commercially successful fiscal system the world has seen.

Thu, 04/05/2012 - 22:12 | 2321157 Atomizer
Atomizer's picture

Hayek's 'The Road to Serfdom' in Five Minutes = Central Planning Agenda. You decide!

Thu, 04/05/2012 - 22:26 | 2321178 xcehn
xcehn's picture

"As I noted the other day, all of this false prosperity in the United States has been financed by the 15 trillion dollar party that we have been enjoying. We are adding about 150 million dollars to our debt every single hour so that we can continue to enjoy an inflated standard of living."

http://theeconomiccollapseblog.com/archives/19-signs-of-very-serious-eco...

Thu, 04/05/2012 - 22:27 | 2321183 vik1953
vik1953's picture

Mahatma Gandhi was a true visionary, he preached and practised revolution without violence and was successful. His key was non cooperation through sacrifice and savings. Want to take part in a peaceful revolution against TPTB. As per Gandhi's standards/teachings the peaceful revolution could start by saving every penny, do not spend unless absolutely neccessary, and buying physical gold and silver with the savings. Elementary!!!! My dear Watson. It is like having your cake and eating it too. I think it will work if enough people do it!!!!!!!!!!

TPTB are mortally afraid of gold and silver like Superman was afraid of Kryptonite

Of course as is recorded in history Mahatma Gandhi was taken out (assasinated)

Thu, 04/05/2012 - 22:27 | 2321184 vik1953
vik1953's picture

Mahatma Gandhi was a true visionary, he preached and practised revolution without violence and was successful. His key was non cooperation through sacrifice and savings. Want to take part in a peaceful revolution against TPTB. As per Gandhi's standards/teachings the peaceful revolution could start by saving every penny, do not spend unless absolutely neccessary, and buying physical gold and silver with the savings. Elementary!!!! My dear Watson. It is like having your cake and eating it too. I think it will work if enough people do it!!!!!!!!!!

TPTB are mortally afraid of gold and silver like Superman was afraid of Kryptonite

Of course as is recorded in history Mahatma Gandhi was taken out (assasinated)

Thu, 04/05/2012 - 23:11 | 2321234 Amagnonx
Amagnonx's picture

I would add couple of things, things you may have assumed or inferred - but that should be stated explicitly.

 

1.  The state is now adverserial to the public good, that is the government of the US is now clearly the enemy of its people, and has no legitimate or just right to coerce the people by force.

 

2. Paying taxes is enabling this enemy of the people, it is a form of tribute.  This practice should be immediately stopped, find a way to stop paying taxation.

 

3. The only legitimate function fo government is to provide defense (failed) and to provide justice (failed) - in absence of the government providing these necessities, people need to develop alternative systems.  I believe this can be done simply by arming themsleves, and adopting a system of jury based law - and publicly repudiating and ceasing to recognize the authority of laws and courts provided by the state.

 

The other issue is that the government holds a monopoly on money - here I suggest, refuse to any longer accept FRN for payment - insist on gold, silver, other goods for payment.  I also think bitcoins (if they are what they seem to be) are going to be a GLOBAL alternative to the money substitutes of out of control states - bitcoins are a money substitute, but they have some excellent attributes, finite, cannot be counterfeit, not centrally controlled.

Fri, 04/06/2012 - 09:07 | 2321778 Waterfallsparkles
Waterfallsparkles's picture

There are "some" that are using Tide Detergent as currency.

So, if you stock up on soap make sure it is Tide.

Thu, 04/05/2012 - 22:40 | 2321199 engineertheeconomy
engineertheeconomy's picture

What's the difference between printing money and stealing money?

THERE IS NO DIFFERENCE BETWEEN PRINTING MONEY AND STEALING MONEY.

If that statement is untrue, then why won't they let you and I just print all the money we want?

Well that would make us criminals now wouldn't it.

Bummer the chicken-shit Marines are affraid to fight the real enemy, isn't it?

Thu, 04/05/2012 - 22:57 | 2321216 rosiescenario
rosiescenario's picture

Thank Mike for a very good article. The laws being passed, even the name 'Homeland Sekurity' looks similar to what went on in Germany with Hitler's ascent to power. All that is needed now is one major 'terrorist' act as the excuse.

 

Why did HS need to purchase 350 million rounds of hollow point ammo? Our military is even proscribed from using that under the Geneva Convention.What did Obummer really mean in that whispered remark to Russia's president....wait til after the elections? That remark sounded like outright treason to me, but no one in the media pointed that out.

 

The biggest difference we have today in the U.S. versus Germany during Hitler's ascent is that our we have many, many well armed citizens....and we have them because our founding fathers were smart enough to know that ultimately it might some day come down to citizens versus their "elected" government.

Thu, 04/05/2012 - 23:00 | 2321223 rosiescenario
rosiescenario's picture

...350 million rounds = 1.1 bullets per person.....

Fri, 04/06/2012 - 03:28 | 2321458 AnAnonymous
AnAnonymous's picture

Why did HS need to purchase 350 million rounds of hollow point ammo? Our military is even proscribed from using that under the Geneva Convention.

___________________________________________________

Dont worry. The NATO rounds are known to have been designed to perform better against unamoured targets than armoured targets.

The US military would not lose that much tissue damage capacity.

While guns ownership is widespread in the US of A, the mecca of US citizenism, not that many people own a decent body armour.

Fri, 04/06/2012 - 04:51 | 2321499 Lednbrass
Lednbrass's picture

This is getting ridiculous. Its only freaking pistol ammo, not for military weapons and our military type weapons do not feed well with hollow points even if it were.

.40 cal is only good for pistols and a small number of submachine guns, you cant do a damn thing with this ammo in terms of population crackdown. These weapons arent worth much beyond 25 yards and this ammo is only good for peashooters. We should be so lucky that if there were some kind of crackdown by government in the US that they would use such poor weapons, the population would absolutely eat them alive.

IF DHS buys that much rifle ammo, be worried. This stuff is for weapons that are practically toys in terms of guns.

Fri, 04/06/2012 - 00:00 | 2321293 barwar
barwar's picture

Great article Mike, keep it up. Lots of people got your back.

Fri, 04/06/2012 - 01:51 | 2321384 q99x2
q99x2's picture

'They will pull out any and every trick in the book before they die'

Now you're talkin.

Laws of treason are still on the books and they certainly apply to this group of scum. Just a matter of time before they are handcuffed and paraded before the millions they have killed, stolen from and defrauded.

Fri, 04/06/2012 - 03:20 | 2321453 AnAnonymous
AnAnonymous's picture

Beaten up in the intellectual arena? What intellectual arena? There is an intellectual arena in US citizen societies?

There are speakers for various groups in US citizen societies. Their confrontation shows they are professional who carefully avoid anything that could destroy them because as they are US citizen thinkers, a confrontation would mean mutual destruction, no side have solid arguments.

They give a show faking debate for US citizenism has killed debate.

Among the tale storytold by US citizens, one is highly favoured: the tale that the US citizen upper class are afraid.

That is a good one. Bernanke is afraid? Really? Afraid of what?

The lower class in the world has to be afraid because they are going to soak any negative consequences brought by US citizenism. They are basically cannon fodder for the projection of US citizen fantasy. Just good ole US citizen style.

But the US citizen elite? US citizenism has dissolved any kind of restraint an elite could endure. US citizen, contrary to the false claim by the FFs, conjugate both security and freedom (or at least nihilistic hedonism) with no constraint.

Bernanke is excited, not afraid. Bernanke is making US citizen history. Bernanke sees any disruption as a hurdle between him and his US citizen destiny.

Let the US citizen man bernanke fulfill his destiny. He is irritated, certainly not afraid.

US citizenism has proven too efficient in shifting the bad consequences of an act onto a third party for US citizen elite to be afraid of the consequences of their acts.

Fri, 04/06/2012 - 04:18 | 2321481 boogerbently
boogerbently's picture

Gun control means being able to hit your target.

Fri, 04/06/2012 - 07:16 | 2321576 jjsilver
jjsilver's picture

If people would study the law, they would realize these statutes don't apply to them. And, the IRS is a massive fraud and the collection arm for the fed.

Citizenship for Dummies
http://www.supremelaw.org/authors/mitchell/citizenship.for.dummies.htm

The Three United States
http://deoxy.org/lib/3us.htm

Let’s Dismantle IRS:This Racket is Busted

http://www.supremelaw.org/press/rels/dismantle.irs.htm

31 Questions and Amswers about the IRS
http://www.supremelaw.org/sls/31answers.htm

The Federal Zone
http://www.supremelaw.org/library/index.htm

http://supremelaw.org/

http://www.famguardian.org/

http://www.edrivera.com/

http://1215.org/

http://privateaudio.homestead.com/Index.html

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