One Last Look At The Real Economy Before It Implodes Part 6 of 6
by Brandon Smith
(Editor’s Note: Here is the final installment.)
One Last Look At The Real Economy Before It Implodes Part 6 of 6
by Brandon Smith
(Editor’s Note: Here is the final installment.)
By Russell D. Longcore
Watch the evening news, or your favorite cable/satellite news show, and you cannot miss stories about the foreign policy of the United States. Washington has been the single most destructive nation on the planet as it relates to having relationships with other nations. Not only does DC arbitrarily turn friends into enemies, but it causes other nations to go to war against each other.
You DO know why Washington does this, don’t you? It is not about spreading freedom and liberty far and wide. It’s not even about oil. It’s not about democracy, fighting communism, fighting Islam or supporting Israel.
It’s all about chaos.
DC is the world leader in Chaos. Washington foreign policy constantly foments disruption and instability. It does it while wearing the mask of diplomacy.
And why is it all about chaos? One reason. Keeping the US Dollar as world reserve currency. You see, at the beginning, when DC originally made a deal with the Saudis to clear all petro purchases in Dollars, the US was the only post-WWII nation with a strong economy, and the Dollar was still backed by gold and silver. There was no need for chaos since nations were glad to use our currency. But then Nixon shut the gold window in 1971, and the Dollar began its descent into Monopoly money. Now that the Dollar is fast becoming worthless, Washington must keep the world in chaos to protect its Dollar’s position as world reserve currency.
It’s a game of musical chairs, in which the guy playing the music has a gun, and when the music stops, somebody gets shot…like Saddam Hussein and Mohamar Gaddafi.
Most of the time, Washington is so breathtakingly clueless in foreign policy that it’s comical. They make me think of the old 1960s spy comedy, ”Get Smart,” starring Don Adams and Barbara Feldon. Maxwell Smart was a cross between Inspector Clouseau and James Bond.
By the way, Agents 86 and 99 worked for CONTROL, a DC-based CIA clone. Their arch nemesis was KAOS, an international organization of evil.
Here is the KAOS emblem. A vulture sitting astride the globe. Sound like any bunch of politicians you know? This emblem would be perfect on military berets for the US troops scattered around the world.
Fifty years later, the roles have reversed. Washington is KAOS and the rest of the world is working to wrest CONTROL away from Washington.
The very serious, very not-funny part of Washington’s foreign policy is that it usually results in death and destruction on a global scale. Want examples?
1. The entire Middle East is collapsing. The mainstream media tagged this with the cutesy name “The Arab Spring.” But the media used the wrong definition of “spring.” They meant green shoots and all that new growth rot. The REAL definition that has been demonstrated by the Muslim populations is the kind of spring used in a trigger. It stores kinetic energy indefinitely and releases it explosively. Sounds like the Middle East to me. DC has thrown its pet dictators to the wolves, the very guys who kept a lid on the region for most of the past 50 years. Those regimes primarily repressed Tribalism, which defines the region. So now that the tribes can seek their own ways, they are free to express their seething hatred of Washington (NOT America…they LOVE American culture) for the decades of ruthless violence against them by the DC puppets. DC is confused. How could those people be so ungrateful?
2. Washington is quietly introducing American troops into the African continent. And look at how many nations are in civil wars. Algeria, Egypt, Libya, Cote D’Ivoire, Democratic Republic of Congo, Nigeria, Sierra Leone, Somalia, Ethiopia, Eritrea, and Rwanda are all in shooting conflicts. From the Mediterranean to the Cape of Good Hope, Washington works to keep things off kilter.
3. Iran. This nation of over 74 million has proven to the world that it is not enriching uranium for weapons, but for medical technology. DC and Tel Aviv can’t stand it. Washington has three carrier task forces in the Persian Gulf trying their level best to provoke an attack. Curiously, the White House doesn’t recognize the overt statements made by Russia and China that any attack on Iran would be answered by those former Cold War enemies.
4. Asia. Washington has a defense treaty with Japan that dates back to the 1940s. Japan and China both claim the same islands in the South China Sea. DC does military exercises near the Chinese coast just to piss them off. DC has a treaty with Taiwan for defense. China claims Taiwan as its own, but hasn’t pushed the subject. One day it will push BOTH subjects, perhaps at the same time. Washington will have a decision to make. The Chinese have lots of Sunburn missiles that can send the American fleet to the bottom of the ocean, and the America Navy knows they have no defense for the Sunburn. Yet Washington still bluffs and blusters toward China.
5. Afghanistan, Pakistan, India (they call themselves Hindustan)…for that point, ALL the nations that have STAN in their names somewhere. All tribes with artificial national boundaries lain over them. The world’s largest tribe, the Pashtun, some 40 million of them, are spread out all through Afghanistan, Pakistan, and the other Stans. The American diplomatic corps, led by the CIA, are keeping the Stan-ian peoples against themselves and also against America. By the way…before American troops arrived in Afghanistan, the Taliban had effectively eradicated the poppy industry. Now, only ten years later, fully 90% of the EARTH’S heroin is grown in Afghanistan once again, and the world banksters launder the money.
6. Europe. Yes, even Europe. You see, the Federal Reserve and the International Monetary Fund have their headquarters just a few blocks from the White House. Flooding the earth with QE3 unlimited digital dollars destabilizes the Euro.
7. Amazingly, Washington does not appear to be presently interested in anything happening south of the Rio Grande to the tip of South America. A few hot spots exist in places such as Venezuela, but the rest of the Americas seem to be in Washington’s blind spot.
The Presidential candidates are locked in a desperate circle jerk, each trying to convince a credulous electorate that he can best lead America as it tries to lead the world. They miss the obvious truth that the world no longer wants America to lead.
Hey Washington! Want peace? Close most of the world’s embassies. Bring ALL the military troops home. Cancel most treaties. Cancel ALL foreign aid. Tell everybody you just cannot afford to be the world’s cop any more. Let the nations sort out their own problems. Presto!! Peace!!
How does all of this affect Secession?
In a newly seceded nation, formed by sensible people who were dedicated to individual liberty and property rights, a new money system would arise on a local level. The new nation would not have a national currency. At the most individual level, buyers and sellers would decide what medium of exchange they would use for their transactions. It could be gold coins, silver coins, bulk precious metals, digital money, paper currency, or some system of barter. The new nation would have money that it collected through taxation. And if the national Treasury wanted to mint and issue money, it would have to compete with all the other forms of money in the free market.
The new nation will not have a reserve currency. So it will not have the potential to commit fraud against other nations with its money. The new nation will be dedicated to doing business with the other nations of the world in a spirit of cooperation and mutual respect. And that is just like most of the nations of the world.
Think about nations like Switzerland, Iceland, Sweden, Malaysia, Brazil, Chile, Panama and Canada. For decades each has minded its own business, not invading neighbors, not fomenting chaos, but simply existed and thrived. The only times that any of these particular nations have had problems is when they have come in contact with American foreign policy.
Secession by multiple states of the USA is the only way to establish peace within and peace with other nations. Washington will never stop its chaos until the Dollar collapses, hyperinflation ensues, and the USA is no more.
May the collapse of the Dollar come quickly. I would like to see liberty in my lifetime.
Secession is the only hope for mankind to enjoy individual liberty and property rights in North America.
DumpDC. Six Letters That Can Change History.
Copyright 2012 Russell D. Longcore. Permission to reprint in whole or in part is gladly given, provided full credit is given.
By Russell D. Longcore
To view this article as an animated video featuring ME, click below.
The Nation I: Romney won Illinois and Puerto Rico. The yawn-fest continues. And when I listened to National Public Radio on the way to work Wednesday morning, they announced that Gingrich was a “distant third.” The truth is that Newt finished behind Ron Paul in fourth place. The media blackout of Ron Paul also continues…
The Nation II: Remember the Emancipation Proclamation? Lincoln freed the slaves…in the SOUTH, which had already seceded and was a separate and sovereign nation. Well, President Barry did an Emancipation Proclamation of his own on Thursday. He flew to Oklahoma and said he would set free the Southern portion of the XL pipeline project. While he was walking around taking credit for the pipeline, he forgot to mention one thing. The only portion of the XL pipeline that requires his signature is the NORTHERN section that crosses an international border. He vetoed that portion a few months ago. Oooops.
The Nation III: Congressman Paul Ryan announced his newest new plan for reorganizing the Federal budget. His budget would spend $5.3 trillion LESS than the Obama budget over the next ten years. Both Ryan and Obama think it’s perfectly OK to spend over $3 trillion each year into the future. And at least 40% of those budgets are borrowed money. But remember that both budgets are projections and bullshit. And all politicians do these projections over ten years, when they know that the only budget they can control is the current year. Ron Paul said that if he was President he would cut a trillion dollars in spending IN THE FIRST YEAR. That is truth. Ryan is a lying piece of shyt trying to make a name for himself. But I wish him massive success because the faster Congress screws the country, the faster Washington and the dollar will collapse, and the faster secession will be able to happen here in North America.
The Nation IV: Our President/Overseer/Savior(aka POS) Obama cravenly told reporters today, “If I had a son, he would look like Trayvon Martin.” Here is yet another high-tech lynching, but this time, it will be a white guy. When asked about the shooting, Candidate Rick Santorum called it a “heinous crime.” Both of these empty suits are lawyers, and should know better. How about saving your comments until AFTER a thorough investigation has been done? Yes…a 17-year-old boy has been shot to death. But I don’t know it was murder, and neither does anybody else right now…except maybe the police. But George Zimmerman has yet to be arrested and charged with ANYTHING. Screaming crowds, talking heads and black activists do not constitute physical evidence of a crime. May the Sanford Police allow their professionalism to prevail at a time in which the media and masses have lost their minds.You might find this article about George Zimmerman a fresh breath of truth: Zimmerman’s Story
International I: I find it implausible that Iran does NOT already have nuclear weapons technology. They have had nuclear reactors for electricity since the Shah was in office. Maybe they don’t already have a nuclear weapon built. But enriching radioactive material the old way produces plutonium. But there is an alternative. The Liquid Sodium Thorium Reactor (LSTR) is a technology that goes back to the 1960s, and is entirely SAFE. There are no radioactive waste products and no plutonium. So my point is that the only reason any nation would continue to use uranium is that they WANT plutonium as a part of the process. And, are there any nations that use nuclear reactors for electricity that do not have nuclear weapons? It’s not a coincidence.
International II: Soldiers from the West African nation Mali overthrew President Amadou Toumani Toure this week. The former president’s whereabouts are not presently known. Toure came to power in 1991 when he seized power in a coup, overthrowing another guy who had staged a coup in 1968. Apparently what goes around, comes around.
International III: Portugal is next in line for a bailout. They need $12 Billion in loans to avert default. Spain is making noises about default too. And Germany is expected to be the source of the bailouts. I love this. The Euro was a terrible idea back in 1999, and Europe is getting what it deserves. Nations that give up their sovereignty in monetary policy are stupid. If the Euro fails, will any of the nations of the European Union have the good sense to issue currency backed by gold? Don’t hold your breath. I see some new fiat currency based on nothing in Europe’s future.
Shameless Plug: Have you ever dreamed of owning a home-based business? It’s a dream shared by millions of people who crave freedom from bosses. But it’s much, much more…and today I want you to concentrate on TIME FREEDOM. You can always earn more money somehow, but you cannot earn more time. Spend it foolishly and it is forever gone. Long hours on the job steal time from you and your family. Did you get married and have kids just so you could bring home a paycheck but not spend time in their lives? Do you feel guilty when you miss important events because you have to work? You can take control of your life with the RIGHT kind of home business. To learn more about my Energy business, go to: MasterpieceEnergy.com. Watch the opening video about “Lifestyle.” Then look to the left and click on “Defining Moments” to learn about a truly recession-proof business.
Business: Corporations in America are hoarding cash. The Wall Street Journal says that non-financial corporations on the S&P 500 are retaining more than $1.2 TRILLION in cash. Why? Lack of predictability in the economy, and the fecklessness of Washington DC. Also, companies are anticipating and preparing for how hard they are going to get hammered by ObamaCare. Want to revitalize the economy, DC? Slash real spending this year. Lay off government workers, shrink government departments, dissolve programs. And stop “Quantitative Easing,” which is just another way of saying printing counterfeit money.
Economy I: The number of actual new unemployment claims under state programs, unadjusted, totaled 315,636 in the week ending March 17th, down 24,441 from the week previous. Yet once again, the Labor Department reported 348,000 new jobless claims…a number higher than the real number by over 32,000!! Can someone out there explain to me why DC would over-report the number of new claims? What kind of drooling morons are on their payroll? Perhaps some of the unemployed could count better than the government employees.
Sports: Remember the nice things I said about the owner of the Indianapolis Colts, and that he had some common sense by releasing Peyton Manning? Apparently Pat Bowlen, the owner of the Denver Broncos, and Broncos executive John Elway, are suffering from altitude sickness. Not enough oxygen is getting to their brains. The Broncos bought Manning for $96 million over five years, and traded away Tim Tebow to the Jets. The rookie QB took Denver to the playoffs last year and put a lot of butts in the stadium seats. But I guess that wasn’t good enough for his rookie year. So let me get this straight. You spend a ton of money to acquire a 36-year-old player…great as he has been…that has had four neck surgeries in two years and represents the past. And then you trade away a 25-year-old spark plug that represents the future. This deal will work hard on Tim Tebow’s Christian forgiveness…and the Denver fans’ forgiveness too.
Sports II: Sean Peyton, head coach for the New Orleans Saints, has been suspended from coaching for A YEAR by the NFL for his role in the Saints’ bounty scandal that put price tags on opposing players. Somebody on the team paid cash bonuses to players that injured key players on other teams. That’s thuggery, and NFL commissioner Roger Goodell was right to suspend Peyton. Winning is not everything.
Entertainment: Comedian Gallagher is retiring from performing after 32 years of cracking wise and smashing melons with a big hammer. Here’s one from Gallagher: “Why does it say “On” and “Off” on a light switch? If it’s on you can see it’s on and if it’s off, you can’t see to read.” One more: “How does a slut feel? Whore-a-ble.” Even Rush Limbaugh would like that last one!
DumpDC. Six Letters That Can Change History.
© Copyright 2012, Russell D. Longcore. Permission to reprint in whole or in part is gladly granted, provided full credit is given.
by Russell D. Longcore
Porter Stansberry of Stansberry Research has produced a video entitled “China’s Secret Plan to Bankrupt Millions of Americans?” This video runs about 1 hour 20 minutes. I almost never offer links like this here at DumpDC. But I have watched this in its entirety and Stansberry is exactly on target.
This is information you will likely NEVER see in the mainstream media. And what China is doing right now will impact YOUR LIFE if you live more than three more years on this earth. Even if you choose not to watch this video, your life will be changed by China’s strategy. So, why would you choose to remain ignorant of what is going on? Why would you not want to prepare yourself and your family for the future?
Watch this video. The information is free. Preparing for the future won’t be.
By Russell D. Longcore
To view this article as an animated video featuring your Editor, click below.
This has been a news-filled week!
The Nation I: Rick Santorum won beauty contests in Alabama, Kansas and Mississippi this week, and Mitt Romney came in third behind Tweedledum Gingrich in the South. And poor ol’ Ron Paul…came in dead last. Curious thing about Ron Paul. He draws enormous crowds to venues when he speaks. He has been brilliant in getting campaign contributions for eight years, holding “Ron Paul Money Bombs” that generate millions each time. Ron Paul has won the hearts and minds of the young and those who are tired of being robbed and lied to. But what will the good doctor do with all these followers at the convention and beyond? There is no possibility that he will swing his support to any of the other three candidates when he stands against everything they support. I have heard many suggest he become a Third Party candidate, but that would be a one-way ticket to Ross Perot-ville. But I have a suggestion for Mister Paul. How about taking the next logical step in protecting personal liberty and property rights and become a secessionist? Forsake the Grand Old Party, Doctor Paul. Tell your willing, excited followers that secession is the only solution to return liberty to the North American continent. Encourage your supporters to spread the good news about forming new nations from old states. And finally, because you are from Texas, nominate yourself as the first President of a New Texas nation. Texas needs a lightning rod for nationhood, and with your notoriety and principled stand against DC tyranny, you are the perfect man to be the next Sam Houston.
The Nation II: Washington is in full spin cycle about Staff Sgt. Robert Bales, who has been identified as the “lone gunman” who murdered 16 civilians in Afghanistan this week. Afghanis say there were more than one soldier committing the murders, and that they were all drunk. Remembering the Patrick Tillman story, and how the Army lied their asses off, I’m kind of inclined to believe the indigenous reports. Bales has now been emergency evacuated from Afghanistan by aircraft and is heading for Fort Leavenworth, Kansas. For days after the incident, I heard Obama and Defense Secretary Panetta stating that this would not deter America from its mission in Afghanistan. Really? Our soldiers commit a mass murder of mostly women and children and DC thinks it’s just business as usual? War is defined by atrocity, but also by hubris. And hubris is usually followed by nemesis.
The Nation III: Our Moron-in-Chief, Barack Obama, announced this week that he would release some of the US Strategic Petroleum Reserves (SPR) into the market with the goal of easing American gas and diesel prices. The SPR is supposed to be America’s defensive measure against a temporary supply disruption. The SPR is an emergency trust fund of about 750 million barrels of oil. The US imports about 12 million barrels of crude daily, so if we used the entire SPR, it would only last us two months. So once again, the Wanker-in-Chief plays politics with national security in an attempt to lower gas prices at the pump. But the last time he dipped into the SPR was in 2011 during the Arab Spring, and the 30 million barrels released dropped the pump price by 3 cents. Three. Cents. The world is awash with crude oil. Obama simply wants to get re-elected. This ain’t about US…this move is ALL about HIM.
International I: This week, the SWIFT banking clearing house, the company that manages nearly all international transactions, cut off Iran from doing business through them. This is only the latest in a long line of sanctions that stretch back into the 1980s. Make no mistake, dear readers. The USA is already at war with Iran. Economic sanctions are an act of war. There is just nobody shooting guns yet. Notice I said “yet.” Which brings be to…
International II: The US Navy’s first nuclear aircraft carrier USS Enterprise has sailed from Norfolk, Virginia on its final voyage and deployment. It is headed for the Persian Gulf/Arabian Sea area. When it arrives, it will be one of three carrier task forces in the area at once. Is the Obama Administration trying to bluff Iran? Or is the US going to strike Iran at the demand of Israel? Just keep one word in mind…”Sunburn.” Google the term “Sunburn Missile” and see what awaits the carrier task forces. Perhaps the Pentagon decided to have the USS Enterprise sunk at sea instead of being cut up for scrap at the Navy Yard.
International III: Israel knows that Obama is not their friend. But they know that the Republican top three are competing with each other to see who will go to war for Israel against Iran first. So what might Israel do to change the November election? They might keep up the pressure to attack Iran. That will keep the Middle East unstable. An unstable Middle East will keep crude oil prices climbing. And if gasoline prices hit $5.00 per gallon before November, Obama is a goner.
Shameless Plug: Have you ever dreamed of owning a home-based business? It’s a dream shared by millions of people who crave freedom from bosses. But it’s much, much more…and today I want you to concentrate on TIME FREEDOM. You can always earn more money somehow, but you cannot earn more time. Spend it foolishly and it is forever gone. Long hours on the job steal time from you and your family. Did you get married and have kids just so you could bring home a paycheck but not spend time in their lives? Do you feel guilty when you miss important events because you have to work? You can take control of your life with the RIGHT kind of home business. To learn more about my Energy business, go to: MasterpieceEnergy.com. Watch the opening video about “Lifestyle.” Then look to the left and click on “Defining Moments” to learn about a truly recession-proof business.
Business: The Apple Computer Company has been enjoying a remarkable runup of its stock (AAPL) price. Friday’s close was $585.87 per share. Per. Share. I’m not saying it’s not deserved, but I have been watching scores of hedge funds jumping on this stock, which drives up the price. I wonder how much Apple stock is really worth. I love their stuff and use it every day. But hype is hype, and stock is paper. We’ll see what happens by the end of 2012.
Economy I: The number of actual new unemployment claims under state programs, unadjusted, totaled 337,713 in the week ending March 10th, down 30,719 from the week previous. Yet once again, the Labor Department reported 351,000 new jobless claims…a number higher than the real number by 14,000. Apparently, the Labor Department has an affirmative action hiring program for the retarded.
Sports: The NCAA basketball tournament is in full swing, and two of the top four seeds have already been eliminated. The “Big Dance” is always a delight to watch, and a great teacher of the “never quit” values we all need to hear on occasion. And this year, CBS has partnered with other cable channels to show every game in its entirety. Hoop junkies must be in heaven.
Entertainment: Last week, Tel-evangelist Pat Robertson announced that the so-called War on Drugs has failed and that there are too many people clogging up the legal and penal systems because of drug use and drug dealing. Ol’ Pat now believes that drugs should be legalized, regulated and taxed like alcohol. I wish to point out to you that Robertson’s epiphany is not moral or based in an understanding of personal liberty, but political and cultural. He must also be figuring that he’s done enough good stuff through The 700 Club to get into heaven, so why not flip the bird to the rest of the evangelicals? Now THAT’S entertainment!!
DumpDC. Six Letters That Can Change History.
© Copyright 2012, Russell D. Longcore. Permission to reprint in whole or in part is gladly granted, provided full credit is given.
by Dean Henderson
(Editor’s Note: Mr. Henderson offers a ten-point “solution” toward the end. Most of the points are ridiculous. The only ones that make any sense are #2, 5, 6, and 8. The others keep the fiat currency, fractional banking system alive. This critique does not take away from the magnificent job the author has done in chronicling the world financial system. This information used to be called “conspiracy theories.” But there is no theory about it. The one-world crowd are doing their work entirely out in the open now. It’s just a conspiracy now.)
Thomas Jefferson opined of the Rothschild-led Eight Families central banking cartel which came to control the United States, “Single acts of tyranny may be ascribed to the accidental opinion of the day, but a series of oppressions begun at a distinguished period, unalterable through every change of ministers, too plainly prove a deliberate, systematic plan of reducing us to slavery”.
Two centuries and a few decades later this same cabal of trillionaire money changers – mysteriously immune from their own calls for “broad sacrifice” – utilizes the debt lever to ring concessions from the people of Ireland, Greece, Spain, Portugal, Italy and now the United States.
In their never-ending quest to subjugate the planet, the bankers’ IMF enforcer – chronic harasser of Third World governments – has turned its sites on the developed world. To further advance their dizzying concentration of economic power, the whining banksters take a giant wrecking ball to the global middle class as they prepare to eat their young.
No one can argue that the US deficit is not a problem. Much of it accrues paying interest on the $14 trillion debt. Stooped-over Congressional cartel shills with names like Cantor and Boehner argue for slashing entire government departments to satiate the bloodthirsty bond-holders. Liberals argue for higher taxes on the rich and massive Pentagon cuts.
I agree with these latter proposals. The super-rich paid 90% under Eisenhower and 72% under Nixon. Both were Republicans. They now pay 33%. Most corporations and many elites utilize offshore tax havens and pay nothing.
The argument for progressive taxation is that those who benefit more from government should pay more. Cartel apologists propagate the fiction that the poor soak up middle-class tax dollars, sowing division between the poor and middle class. Meanwhile, the Eight Families financial octopus feeds mightily at the public trough be it the SEC (rich investors), the FCC (Gulfstream jet fliers), the USDA (the richest farmers get the biggest checks), Medicaid (insurance fraud, Big Pharma gouging) or the Pentagon (Lockheed Martin, Halliburton, Blackwater).
Still, $14 trillion is an insurmountable debt. Increasing taxes on the super-rich combined with a global American military withdrawal from its current role as Hessianized mercenary force for the City of London banksters, while welcome, will not be enough to deal with this monster debt, what Jefferson termed, this “deliberate, systematic plan of reducing us to slavery”.
The belt-way dialogue on the deficit remains locked in a tiny intellectual box created by the corporate media and their Federal Reserve cartel owners. But there is another way.
It is a myth that most of that $14 trillion debt is owed to the Chinese or other “governments”. The vast majority – around $10 trillion – is owed to the Eight Families Federal Reserve crowd.
In a June 9, 2011 article for Marketwatch, Unicredit’s Chief US Economist Harm Bandholz stated that the Federal Reserve is the largest holder of US debt with around 14% of the total. This does not include debt held by Rothschild-controlled central banks of other nations – including China, Japan and the GCC oil fiefdoms.
Through the recent QE2 program, the Fed purchased another $600 billion in Treasury bonds. They claimed it was a last ditch attempt to save the global economy from deflation. Instead, the banksters who got the interest free taxpayer-backed money pushed us further towards deflation by refusing to lend their welfare bonanza to potential homeowners or small business.
Conversely and inherent in the printing of zero-interest money, they created inflation – speculating in oil, food and gold futures and rolling this increased US debt on the roulette tables at their various wholly-owned global stock exchanges. Is it any wonder the financial parasite class is now clamoring for QE3?
What follows is a ten-step proposal which President Obama and the Congress could enact to lift the $14 trillion debt from the backs of future generations of Americans. These should be done concurrently as part of a single sweeping financial reform bill. Modeled after last week’s release of strategic petroleum reserves by twenty-seven nations, this measure should be enacted in tandem with as many willing nations as possible. The same Rothschild-led cabal controls the central banks of most every nation and there is power in numbers. If these measures are enacted separately or by only one nation, the Eight Families cartel will use their financial clout to target and destroy the US:
1) Introduce a Treasury Department-administered infrastructure investment fund, which workers should be strongly encouraged to opt into using accrued funds from their private 401K plans. This is important because the banker’s stock market casino will crash due to the next nine steps and workers must be shielded from this event. This fund can be used to rebuild America’s infrastructure, with American workers acting as lenders and receiving a fair rate of interest in return.
2) The US needs to withdraw from the Bank of International Settlements, the World Trade Organization, the World Bank, the IMF and all Eight Families-controlled multilateral lending facilities. We would save billions funding these banker welfare schemes while freeing ourselves from rules which prevent our financial emancipation.
3) De-link the dollar from all currency baskets and IMF special drawing rights. Ban trade in dollars on all global exchanges. This will create a demand for dollars and strengthen our badly devalued currency. Impose currency controls by fixing the dollar at 1:1 euro, Chinese yuan, Canadian dollar and Swiss franc; 100:1 Japanese yen. During the 1997 Asian financial crisis, Malaysian Prime Minister Mahathir Mohamad fixed the nation’s currency – the ringit. It was the only currency in the region that did not crash when Rothschild front-man George Soros took aim at the region.
4) Nationalize the Federal Reserve. According to a London barrister I have been in contact with, under the Federal Reserve Act there is a provision that allows for the US government to buy back the Fed’s charter for $4 billion. We should pay this fee, revoke the Fed charter and launch a new US dollar issued by the Treasury Department. With the dollar fixed, the vampires cannot crash it.
5) Cancel the $10 trillion debt to the Illuminati bankers. Debt obligations to foreign governments and small bond-holders should be honored at par.
6) Arrest the perpetrators. Prosecute to the fullest extent of the law all fraudulent transactions involving the Fed cartel. Send the FBI to the New York Fed. Seize all documents. Confiscate the world’s largest gold reserves which are stored there. These were stolen from various governments including from our own Ft. Knox reserves.
7) Forget just repealing the Bush tax cuts on the rich. The top tax rate on people who make more than $1 million/ year should be raised to 75%. People making more than $500,000/year should pay 50%. All tax brackets below $75,000/year should see tax cuts. If you get more from government you need to pay for it, instead of soaking the middle-class and blaming it on the poor.
8) Slash Pentagon spending. Shut down all US military bases on foreign soil, including those in Europe, Japan and South Korea. Withdraw ALL troops from Iraq and Afghanistan immediately. Use the savings to pay off government and small bond-holders.
9) Outlaw offshore banking by US citizens and corporations. Bring your money home and pay taxes on it or surrender your US passport/corporate charter. The dramatic increase in tax revenue would be enough to pay off the remaining debt to sovereign governments and small bond-holders, while keeping our obligations to the Social Security trust fund.
10) Introduce single-payer health care and price controls on prescription drugs. The current corporate for-profit health care bonanza depends upon sickness and ill health for its hefty profits. In 2006 Canada government spent $3,678 per person for free single-payer coverage for all its citizens. The US government spent $6,714 per person covering the insurance, pharmaceutical, hospital and AMA cartels. The savings attained from eliminating insurance/pharmaceutical/hospital chain/doctor-perpetrated Medicare/Medicaid/Social Security fraud will save the US Treasury billions. It is the only solution to skyrocketing and unsustainable health care costs.
Using this methodology the US could wipe out both its deficit and its debt within a year. These measures should be planned in secret and introduced swiftly and in rapid succession. Social security and Medicare will be saved. The middle class will see their tax rates go down, while their retirement fund finances the rebuilding of a 21st Century America. Manufacturing jobs will come home, since the Chinese yuan will have seen a dramatic appreciation. Our national security will be enhanced by withdrawing from the role of global policeman.
If we keep thinking inside the banker-manufactured beltway box, our children have no future. They will live in a Third World country which produces nothing, lorded over by debt-collector parasites known as the “financial services industry”.
The wealth-destroying Eight Families banker elite are the perpetrators of the US debt crime. Should a woman who is raped serve the sentence of her rapist? That’s absurd. Then why should Americans or any other nation pay a fraudulent debt foisted upon them by con-men? It is time for Obama and the Congress to get a backbone and force the criminal Federal Reserve cartel to make the “broad sacrifices”.
deanhenderson.wordpress.com
By Russell D. Longcore
Here are the facts as I see them:
• Iran has had a nuclear energy program for nearly 40 years. They use nuclear reactors to produce electricity.
• Iran is being accused by Western nations of enriching radioactive materials with the intent of producing nuclear weapons.
• The International Atomic Energy Commission has not been able to produce any evidence that Iran is enriching uranium for weapons.
• 20% of the world’s oil production is shipped down the Persian Gulf and through the narrows of the Straits of Hormuz.
• The West, led by Washington, who is being led by a nose ring by Israel, are escalating economic sanctions against Iran.
• Recently, the US and Israel performed war games just outside the Persian Gulf as a threat to Iran.
• Iran has done its own war games in the Persian Gulf and recommended that American carrier task forces not return to the Gulf.
• Washington is threatening to destroy the Iranian Central Bank.
• Washington pulled this same shyt in Iraq. Remember?
• Things are fixin’ to get real ugly in the Persian Gulf.
Think about Iran’s situation some more. Iran is one of the major oil producers of the Middle East. Dozens of nations buy their oil from Iran. Iran would be punishing themselves if they blocked the Strait of Hormuz. But the West has shown themselves willing to commit a false-flag operation and hang it around an enemy’s neck. Saddam Hussein’s name might come to mind. The nation of Afghanistan might come to mind. Yet, Washington is moving steadily toward war against Iran. The false-flag operation would give Washington and Israel the cover they need to start a shooting war. More on that below.
The reality of the situation is that Iran has a commodity that the world cannot live without. So, which should be in control here…the buyer or the seller? Should the Central Bank of Iran be held hostage by the banks of other nations, or the banking families that control most of the world banking system? I submit to you that the seller…Iran…should exert its sovereignty and its ultimate control.
What should the Iranian response be?
Iran should announce that beginning immediately, all payment for crude oil will be made in gold: no currency, no credit. No gold, no oil.
That single act will solve most of Iran’s problems. Requiring payment in gold would begin to strengthen the Iranian rial (their currency), thereby setting the world’s bankers back on their heels. If you are not using the banker’s credit, you are not subject to their rules or control. In recent months, the rial has lost almost 50% of its value against the US Dollar. Selling oil for gold would quickly make inflation in Iran disappear. The economy would rebound for everybody living in Iran. Another benefit would be a spike in world gold prices as companies and nations make massive purchases of gold so they can buy oil.
Now, what about a shooting war? Look at a map of the Persian Gulf. The entire eastern shore of the Gulf is Iran. The Persian Gulf is not a big body of water and has a choke point at the southeastern end. The incredible hubris of the American Navy, commanded by whichever President is in office (save Ron Paul), would place one or two carrier task forces in the Gulf. Iran possesses the Russian-built Sunburn anti-ship missile. The American navy has no defense for the Sunburn. The missile travels at nearly 1,600 miles per hour (Mach 2.1) at an altitude of about 50 feet above the waves. Iran has mobile launchers all along the mountainous shoreline of the Gulf. In a retaliatory strike, Sunburn missiles launched from the shore would reach the ships of the carrier task forces in a matter of seconds. The ship-board weapons systems like Phalanx will not have enough time to calculate a firing solution. And the Phalanx system has never been tested against the Sunburn. Multiple Sunburn missiles will send the task forces to the bottom of the Gulf, with massive loss of American sailors and airmen. Yet another defeat for the American military.
In my opinion, Iran could take control of their crisis situation and avoid a war simply by going with gold.
DumpDC. Six Letters That Can Change History.
© Copyright 2012, Russell D. Longcore. Permission to reprint in whole or in part is gladly granted, provided full credit is given.
The National Inflation Association has created a riveting little video about how things will likely play out some day soon. I have written scenarios in articles, but NIA’s scenario is done in video and audio. And, best (or worst) of all…it is very likely to happen…ANY DAY NOW!
Don’t enjoy this, but watch it and send it to everyone in your email address book. Who knows? This stuff could easily occur before next Turkey Day.
by Ron Holland
Washington claims the federal debt limit extension and the threat of default is postponed. This is just more political theatre as the Treasury debt downgrade will happen and eventually a bankrupt America will attempt to inflate the debt away and default. It is the same across the Atlantic where the sovereign debt crisis still stalks the politicians in the EU.
The political and economic reality of the sordid situation cannot be covered up by the establishment news hacks or by more lies or the blame game by either party. The Washington experiment of borrowing trillions to buy elections today to be paid for by future generations has failed in the US and across Europe.
America’s Ability To Service Our Sovereign Debt Is Ending
The real dollar and debt crisis is being obscured here in the US by the political theatre in Washington. Of course the debt limit increase was passed yesterday by a vote of 269-161 and now we can look forward to the first of many downgrades and any purported balanced budget amendment will not be worth the paper it is printed on.
All the false conventional media propaganda and Congressional actions were designed only to help the politicians and institutions responsible for the coming debt debacle avoid the blame. They are now attempting to transfer their responsibility to the only innocent Washington politicians, the Tea Party caucus. They will succeed and at the same time build the case for dramatic future revenue (tax increases).
The Dollar Death Throes Are Hidden From Most Americans
The fiat dollar is collapsing and as a writer and editor paid monthly in Swiss francs, looking at the last year of exchange rates will show the real situation not apparent to Americans living inside the Washington dollar iron curtain.
About 12 months ago, a thousand Swiss francs equaled about USD$870.00. Today, the same CHF 1,000 equals USD$1,270.00. This means the dollar has fallen nearly 46% compared to the rising value of the Swiss franc and conversely my monthly retainer has increased almost 50 percent in dollars per thousand of CHF. Unless you are being paid in dollars and reside outside the US or are paid in a foreign currency and live in America, the bloodbath in the dollar is not apparent in the near term – but it is real and ongoing.
Yes, to my knowledge, the Swiss franc is the best example of the performance of a major currency versus the United States dollar but many other currencies have done very well when compared to the dying dollar as well. Going back to 2001, CHF 1,000 equaled USD$550.00 so here you can see the short and long-term trend of the Swiss franc versus the dollar.
Debt Democracy Has Also Failed!
Today, on the democracy front, Greece, the historic birthplace of democracy around 508 BC and America – the witch’s caldron which spawned the failed debt-financed regulatory democracy experiment – are now competing to see whether it’ll be Athens’ or Washington’s politicians who will be more despised. I believe the US will win the race to the bottom only because Greek politicians have only subjected Greece and several wealthy EU countries like Germany to their wealth thievery, while the failed American example of democracy financed by sovereign debt is bankrupting the US and all of EU Europe.
My Bet & Ten Year Dollar Forecast
The goal of Washington and the FED is to create high inflation and eventually default during a future foreign policy or financial crisis so the blame for the dollar’s demise and debt problems can be transferred elsewhere. Although I doubt they can pull off this PONZI scheme, the only real solutions to the American debt crisis are either repudiation, which would benefit the people, or hyperinflation designed to benefit the bankers and political class.
Thanks to the fake debt deal, in the meantime the government will pass legislation and end deductions in order to increase government revenue. Americans will certainly lose beneficial capital gains treatment and any tax benefits on home profits. The coming hyperinflation will likely cause real estate values in depreciating dollars to go up. We could see housing prices rebound and maybe double back to 2007 pre-bubble levels, which will be touted by the political establishment as good economic news at last. The problem will be the inflated dollars will have lost substantial purchasing power.
You’ll be taxed at high rates on the false inflationary gains of your home, as the accompanying salary increases – due to inflation – will force you into the highest income tax levels with no deductions. The average American will finally realize how badly they will have been scammed when they decide to sell their real estate and – after paying taxes with inflated dollars – decide to purchase the least expensive new Kia or Corolla and the import car is priced at $120,000. This is an example of how countries subjected to hyperinflation are eventually priced out of buying most foreign imports from cars, electronics and beer to name just a few important products of interest to me.
The Fiat Dollar Problem Will Eventually Be Solved By Currency Competition
The profit opportunities for smart international investors from a dollar collapse will likely be enormous due to a paradigm shift in political, economic and monetary theory away from sovereign debt-financed democracy and fiat currency. The monetary elites will attempt to create a fake gold and commodity resource standard to back formerly fiat currencies in order to build “currency confidence” in the US and Europe.
Initially, this may well translate into gold and resource backed currencies and, after the fake elite money standard fails, maybe to the Austrian economc ideal of public and private currency competition. Gold and silver, as well as mining and natural resource equities in certain mineral and oil rich countries, will benefit from the fake gold and resource standard as well as the future ultimate solution of currency competition.
I will have more on this in a future report and in a new editorial on “The Failure of Greece.” We live in an interesting time of transition from debt-democracy and fiat-currency. Take action to avoid the downside in dollars and benefit from rising gold and natural resource prices.
$50.00 Imported Beer?
In the meantime, I hope I’m wrong regarding my expectations for the dollar and debt democracy. But if I’m right, sometime over the next ten years, I’ll buy the first 10 of you who remind me of this editorial and my dollar forecast the foreign beer of your choice at my expense. After all, what is $50 per beer among friends?
© Copyright 2008 – 2011 The Daily Bell. All Rights Reserved.
Important Debt Ceiling Update
courtesy National Inflation Association
(Editor’s Note: This voodoo dance in DC should cement in your mind that the DC criminals cannot repair the damage they caused and continue to cause. Don’t miss the point that the Republicans caved in and are helping to destroy the USA. Get your houses in order, dear readers. The shyt is going to hit the fan much sooner than we previously thought.)
President Obama just announced late this evening (Monday) that a deal has been reached to cut government spending and raise the debt ceiling in order to avoid a debt default. If the deal is approved on Monday, it will raise the debt ceiling by between $2.1 and $2.4 trillion in three installments: $400 billion immediately, $500 billion this fall subject to a disapproval vote by Congress, and $1.2 to $1.5 trillion more after a special committee agrees on a matching amount of spending cuts that will be in addition to $900 billion in spending cuts proposed in the bill. With no tax increases included in this plan, all of this additional debt will eventually be monetized and paid for through monetary inflation.
Although the deal is supposed to cut as much as $2.4 trillion in spending over the next decade, Obama said that none of the spending cuts will occur anytime soon so that not to derail the phony economic recovery. That’s right, none of the cuts will come until early 2013 and by then we will need to once again raise the debt ceiling to north of $20 trillion. If our elected representatives were serious about cutting spending, they would have the bulk of the spending cuts now and not in the future when many of them will be out of office.
This deal is a complete and total sham, and will do nothing to prevent hyperinflation. In no way will these spending cuts be mandated and nothing will force future Congresses to abide by them. Even with these cuts, government spending is going to increase every single year for the next decade. As price inflation spirals out of control in the years ahead causing the purchasing power of the dollar to plummet, all government employees will demand higher salaries and it will cost more to run all parts of the government. Future Congresses will raise spending and make the spending cuts proposed in this deal meaningless.
NIA believes that all of the events that took place in Washington this weekend were scripted in advance. It is likely that both parties knew from the beginning what deal they would ultimately agree to, but came out with these other proposed bills in order to satisfy tea party supporters and make them think that their efforts are making a difference. The reality is, although the tea party movement helped Republicans take over the House of Representatives so that Democrats didn’t have free rein in Washington, most of the new Republicans elected to Congress haven’t followed through with their promises and have failed to make any kind of a positive difference.
Everybody in Washington assumes that interest rates will remain at artificially low levels for the rest of this decade. The interest rate that the U.S. paid on its total marketable debt in the month of June was only 2.38%. Exactly one decade earlier, in June of 2001, we paid 6.162% interest on our total marketable debt or 159% higher than current average interest rates. On August 15th we owe our next interest payment of approximately $30 billion. Imagine if that payment rises 159% higher to $77.7 billion or $932.4 billion annualized. Later this decade, interest rates will not only rise back to normal levels like we had in 2001, but will likely rise to artificially high levels to balance out the damage being created today from artificially low interest rates.
If this bill is approved by Congress and the President on Monday, it will avoid a short-term honest debt default but just about guarantee a default by inflation later this decade. There is about a 1 in 1,000 chance that future Congresses will stick with the spending cuts in this bill, but even if they do, rising interest payments will not only wipe out the $2.4 trillion in spending cuts, but they will add trillions more to future deficits and the national debt. A new Gallup Poll shows that 53% of Americans oppose raising the debt ceiling compared to only 37% who favor an increase. We pray that millions of Americans march to Washington tomorrow in protest of this bill and that millions more call, email, and fax their elected representatives in the morning demanding that they vote no.
It is important to spread the word about NIA to as many people as possible, as quickly as possible, if you want America to survive hyperinflation. Please tell everybody you know to become members of NIA for free immediately at: http://inflation.us