Just how much will society take before they say no?
Why are governments rushing to eliminate cash? Simply put, the central banks have lost control of the ability to stimulate anything.
The new age of Economic Totalitarianism is upon us all. As we warned previously, Australia will be the first to introduce a compulsory tax on savings. This is the ultimate Marxist state for now anyone with spare cash is the enemy of the Conservative Tony Abbott government. The introduction of this tax on money in Australia led by Tony Abbott is the trial balloon for the global economy.
Fiat Money May Be Junk ... But a Cashless Society Controlled by the TBTFs Is Dictatorship
The 99% need to wake up. It ain’t the 1% – It is those who pretend to be on your side who deprive you of your real right to economic freedom.
Understanding Jackson’s Bank War is critical to our future. He was absolutely correct insofar as following the Jeffersonian view that a National Debt would not be a Blessing as Hamilton proclaimed, but the servitude of the people that would ultimately consume all liberty.
* Fall 2015 turning point - civil unrest and riots globally says forecaster Armstrong
* European banks will collapse and “blood in the streets”
* Advocates diversification and holding bullion coins familiar to public such as $20 gold coins
* “Your portfolio has got to include everything … including bullion”
"The April 7th, 2015 power outage in Washington DC is curious to say the least. Virtually instantaneously, the government declare it was not a terrorist attack. After all, how could that possibly be when the NSA guards the country. If there was an attack on the power-grid, then the NSA would have to answer for their failure. So clearly, if it was an attack, they would never admit it."
MSNBC’s Ed Schultz who never saw a Democratic he did not like or a Republican who should not be executed, amazingly admitted in trying to defend Hillary that she is 67 years old and too old to know what she is doing. “There’s a lot of people in her demographic that just don’t want to be overwhelmed by that technology that are going to take the easier, simplest route to do something — I get that.” You cannot get around the fact that what she did was criminal for when all those emails were subpoenaed by Congress, she failed to produce them or inform Congress she had a secret personal email. That is outright OBSTRUCTION OF JUSTICE and anyone else would go to prison for 5 years. Then when they are discovered, she erases the files. Come on! Why are there three sets of laws – (1) for Democrats, (2) for Republicans, and (3) for the rest of us?
Introducing The "Overseas Contingency Operations Account" – Washington's Crony Capitalist War Slush FundSubmitted by Tyler Durden on 03/28/2015 14:45 -0400
The imperial spiral into the stratosphere of stupidity is well underway. With zero accountability for those in power, there’s no way to realistically stop it before crash and burn. The best we can hope is to bring the responsible to justice afterward and pick up the pieces by going back to the Constitution.
Debt, Distraction, Currency Wars, Itchy Fingers
The tide is turning against the banks. We will see more and more corporations turn away from the banks as advisory entities. They just cannot be trusted when they are also the market-makers making commissions/spreads on the trading that are totally undisclosed. The day of the banks is coming to an end. It looks more like the next downturn will drive the spike right through their hearts. Just maybe, we may get back to the way its should be – relationship business, not transactional where they have the incentive to manipulate markets for the quick buck and front-run clients.
And so it begins... the intentional demonization of a growing segment of the U.S. population that rightly believes the government is run by a collective of thieving, corrupt, immoral sociopaths. Commingling dissent, violence and “right wing” ideology will be key in the ultimate division of government critics in these United States, and a successful attempt to scare people away from questioning a clearly degraded and parasitic status quo.
A couple of days ago a Café member sent me some of the latest commentary by Martin Armstrong of Armstrong Economics, formally of Princeton Economics International. As you will read, he continues his rant against "the gold promoters," a rant that seemed more than vaguely familiar.
What an understatement!
Again and again through history, first you have the massive deflation and then government is forced to debase the money supply that finally reverses the economy sending it into a inflationary spiral. The second phase is when gold will rise. But you first have the deflation (that we are seeing now) that reduces tax revenues and then you have the inflation set in motion by rising costs (waiting in the background).