“I Stand With You” As The Whole World Crumbles!!!

This is a well researched essay and worth the time to read! It will make you think and possibly scare the complacency out of you! It is posted at – http://www.wolkeworks.com/I_Stand_With_You.html where there are many other articles worth reading.

The photos are my additions.

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“Obama’s victory was more than a progressive move; it was a dialectical leap ushering in a qualitatively new era of struggle. Marx once compared revolutionary struggle with the work of a mole who sometimes burrows so far beneath the ground that he leaves no trace of his movement on the surface. This is the old ‘revolutionary mole’ not only showing his traces on the surface but also breaking through.” – Frank Chapman of the Communist Party of the USA’s newspaper, People’s Weekly World on January 12, 2008 after Obama’s Iowa Caucus victory.
Just who is Barack Hussein Obama? Is he just another “progressive” member of the Democratic Party? Or could he be something worse, a conscious agent of a foreign power? Does he have a secret agenda to harm the United States? Or is he simply someone whose well- meaning policies have turned out to be antithetical to the interests of the American people? What follows is necessarily speculative, but if you connect the dots, the case should do more than raise eyebrows.
If you look at the rise of Barack Obama from obscure community organizer to President of the United States you have to be amazed at the speed in which he climbed to the heights of power and the total lack of qualifications he exhibited before attaining the highest office. You also have to wonder about the people in his past and their associations.
As many people know by now, Obama was the product of Stanley Ann Dunham, a girl who was far left in her politics and somehow enamored with dark skin men who were anti-American. Her parents were apparently also far left anti-Americans and they moved to a suburb of Seattle, Washington, so that their young girl could attend Mercer Island High School. It was run by a communist who also ran the “little red church on the hill”, a Unitarian church that the Dunham family attended.
Dunham allegedly married Barack Obama, Sr., a student from Kenya whom she met in Russian classes at the University of Hawaii. About five months after their alleged marriage (there are no records of it available), Stanley Ann gave birth to the man we know as Barack
                           
The Psychopath?
Hussein Obama, but who was called Barry in his youth. The two, Stanley and Barack Sr., never lived together and almost immediately after giving birth, Stanley Ann left to attend the University of Washington in Seattle. Obama, Sr., left to attend Harvard University not too long after that. So young Obama never saw his father until he was ten years old in 1971 and that was a short visit. Meanwhile, Stanley Ann found another third world, leftist husband, Lolo Soetoro, from Indonesia and went to Jakarta to live with him, taking along young Barry. During his stint in Indonesia, Barry attended a school where he was listed as a Muslim and where he liked to attend Koran classes. One of his former classmates describes him then as a devout Muslim.
In any case, when Lolo started to work for an American oil company and actually became pro-American, Stanley Ann sent young Barack back to Hawaii to ensure he would be under the guidance of her appropriately anti-American parents.
In due course, Barry’s grandfather, also named Stanley Dunham, decided that the young lad needed a black male role model and mentor and sent the 10 year old to be guided by his friend, Frank Marshall Davis, a black member of the Communist Party, poet, pornographer, bisexual pedophile and sexual predator. Barry remained under the influence of Davis until he left for college at age 18.
There are reasons to believe that Davis may have actually been Obama’s father. In one of his books, Davis describes a young white girl named Ann as one of his frequent sex partners, and Obama looks more like Davis than he does Barack, Sr. (For one thing, Obama has a lot of facial skin tags as did Davis.) Likewise, Davis had pictures of a nude girl that closely resemble Stanley Ann, although who she actually was has not been proven. Perhaps that’s the reason Barack Obama, Sr., never showed that much interest in his son but Davis did. According to one theory, Barack Sr. was allegedly persuaded to provide a name for the infant in return for extending his visa in the United States. In any case, young Obama was handed over to Davis for mentoring.
It was during this period that Barry attended an elite Honolulu private school, Punahou, noted for its international students and, according to some, an anti-American ideology. Considering that Obama was schooled as a Muslim in Indonesia and at an international school during his formative years, where and when was he taught to think of himself as an American?
While at Punahou, he started out well but soon saw his academic achievements deteriorate, possibly due to his hanging out with the “Choom gang”, a sort of marijuana smokers club. That was not surprising since Davis was heavily into drinking and drug use. What other influences Davis had on young Obama are not readily apparent, although since Davis was into various sexual perversions, perhaps he influenced the child’s views on sexuality. This was a man who took the young boy to bars to drink booze, smoke pot, and watch pornographic cartoons being projected on the walls. Young Obama spent a lot of his youth doing drugs and drinking booze. Moreover, in a poem Obama wrote about Davis, he mentioned the amber stain they both had on their shorts. Was this a reference to a sexual relationship? In later life, various people would accuse Obama of being bisexual and a member of a gay men’s club in Chicago. One thing we can be certain of is that young Barry was indoctrinated with communism by Davis and probably his grandfather, Stanley.

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Barry went to Occidental College, noted as the Moscow of California, where he was described by one of his associates at the time, Jim Drew, as not just sympathetic to communism, but an ardent communist revolutionary. This is when he changed his name to Barack Hussein Obama even though he had probably been adopted in Indonesia as Barry Soetoro and may well have been a citizen of that country. His roommates and friends there included Pakistanis Wahid Hamid and Mohamed Hasan Chandoo. After Occidental, Obama allegedly made a trip to Pakistan in 1981.
What’s interesting is that Obama never mentioned this Pakistan trip in either of his autobiographies, nor did he apparently mention it to anyone else until telling the press in April 2008 that he knew more about foreign policy than John McCain and Hillary Clinton because he had visited Pakistan and knew the difference between Sunni and Shia Muslims. (That was an astoundingly arrogant and foolish remark, but that’s Obama.) Apparently, Obama didn’t want the trip to be known, which is quite suspicious. So why mention it then? Perhaps because the previous month, March 2008, three contract employees at the State Department were caught looking at Obama, McCain and Hillary Clinton’s passports. The firm one of the employees worked for, Analysis Corp., was headed by John O. Brennan who later became Obama’s Deputy National Security Advisor for Homeland Security and Counter-TerrorismandeventuallyheadoftheCIA. Sowhyhad Obama never mentioned the trip to Pakistan? And why did he mention it just after someone who worked for Brennan was caught looking at his passport file? Were McCain and Clinton included just to confuse who the real target was?
One possibility is that the passport was being altered by the employee either to add, remove or replace information. What if the reason Obama never mentioned Pakistan is that he never actually went to Pakistan? All we have is Obama’s word for it that he visited Pakistan since his passport is not available. What if he went somewhere else in 1981? What if he went to the Soviet Union or some other east bloc country for training and that information had to be expunged and replaced by a cover story? If you look at the trade craft of Soviet moles and American traitors, they typically go overseas to meet their KGB handlers for instructions, which is why overseas travel is carefully scrutinized by those granting security clearances. Obama would never qualify for a security clearance, given his background and unexplained overseas travel.
Interestingly, Obama has gone overseas just before each major change in his life. And those changes were step ups in his status and ambition. In 1981, it was just before transferring from Occidental to Columbia. In 1988, he went to Europe and Kenya for several weeks just before heading to Harvard Law School. In 2006, he visited Kenya as a senator just before announcing his candidacy for president. And in 2008, he toured Europe as a candidate just before being elected president.
Is there a reason to suspect Obama may have become a mole? Aside from his communist revolutionary beliefs at the time, consider that two years after graduating from Columbia in New York City, Obama moved to Chicago in 1985, the previous home of his mentor Frank Marshall Davis, to become a community organizer. Obama’s ostensible reason for moving to Chicago was that he was inspired, he said, by the election of Harold Washington as mayor of that city. Washington was someone with close connections to the Communist Party and other socialist groups who backed him during his candidacy. So Obama said he applied for a job as community organizer with the Developing Communities Project.
Davis, who worked for most of his life in Chicago, was a member of the Communist Party USA, an organization actually funded from Moscow until 1989. In fact, the Communist Party USA was founded in Chicago back in 1919 and that city still has a very active Marxist culture. With the fall of the Soviet Union and the opening of KGB records, we know that some of the Chicago Communists were actually on Moscow’s payroll as agents of influence. And we also know that the Communist Party USA branch in Hawaii when Davis was living there was actually run from Moscow. From his time in Chicago, Davis always followed the propaganda line from Moscow in his writings and newspaper columns, no matter how ridiculous.
Presumably, then, he was a Soviet agent. Suppose Obama was groomed by Davis from youth to become a mole? Suppose that Davis told Moscow about his young charge, a bright kid who was so damaged by abandonment, so desperate to be important, and so lacking in moral upbringing as to be perfectly pliable? And even more important, the kid was already brainwashed to be a communist.
This was a kid who asked his schoolmates whether they would rather be a wealthy businessman, a military general or president of the United States. And when one answered businessman and the other military general, Obama told them he’d rather be president because the military general would protect him and the businessman would give him money. This was a kid who was seriously conflicted about his racial identity and finally decided he was black, suggesting that his mother and grandparent’s whiteness was associated with negative emotions of worthlessness and abandonment, while Davis’s black skin was associated with acceptance. It’s also probably how he became extraordinarily narcissistic. Obama is someone who has serious psychological issues.
After returning from his trip to Pakistan or wherever it was he actually went, Barack transferred to Columbia University, another far left institution, in New York after two years at Occidental, presumably under either an affirmative action or foreign student program since it’s unlikely Barack’s grades were stellar at Occidental where he admits he didn’t really study. According to one person who was at Columbia at the same time as Obama, that university very seldom accepted transfers from other schools and those were only the cream of the crop. So why Obama? Did someone among the school’s many communist administrators and professors arrange it under instructions from Moscow?
At this time, Obama said his ambition while at Columbia was to be a novelist, although if he ever wrote anything fiction, aside from some bad poetry, it hasn’t been disclosed. Considering the acclaim his writing skills for “Dreams From My Father” garnered, you’d think there would be some fictional works the would-be novelist wrote. But “Dreams From My Father” is sheer poetry and there’s nothing Obama has ever written (and there’s actually not much that he has written at all) even close to it in style or technical brilliance. Obama’s poetry is nothing exceptional, for example, and his essays are clunkers. It’s widely believed that Bill Ayers wrote the book since it contains scenes and depictions found in Ayers’ own stories. Moreover, Ayers keeps insisting in public that he actually wrote “Dreams From My Father” and jokes that if anyone can prove it he’ll split the royalties. Maybe that’s why Obama actually majored in political science and international relations.

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Why Ayers would write an autobiography for Obama isn’t known, but clearly, it was that book that convinced many people that Obama is a genius despite no other accomplishments. It may be that if Obama was being groomed for high office, Ayers was recruited by Moscow to provide Obama with a stellar biography and reputation.
The reason for going to Columbia is unclear, but as a hotbed of Marxism, perhaps that attracted Barack. Or it could be that his Soviet handlers decided he needed better credentials for future work and Columbia is prestigious enough. At Columbia, it seems few people can remember knowing Barack Obama. We do know he lived off campus with Pakistani roommate Sohale Siddiqi just a few blocks from where Bill Ayers lived at the time and that he attended socialist conferences at Cooper Union. Among his professors that later became close to him at Columbia we can count Khalid Rashidi, a pro- Palestinian activist. Perhaps it’s Obama’s upbringing as a Muslim in Indonesia that attracted him to foreign Muslim friends and led to sympathy for Islamic causes.
In 1985, then, Obama arrived in Chicago where he came to work with the communist/socialist network. His entre was probably Frank Marshall Davis, who apparently knew most of the people who would eventually help young Obama. But Obama’s immediate reason for being in Chicago, as previously indicated, was to become director of Developing Communities Project, a church-based community organizing group that he made a separate non-profit in 1986. While working for them, he sent a letter to Chicago mayor Harold Washington in 1987 asking for an endorsement for his organization. He listed as members of his board such people as Black (third world, actually) Liberation Theologists Rev. Jeremiah Wright and Father Pfleger, as well as John Ayers, the brother of unrepentant terrorist, Bill Ayers. Obama also worked for the Gamaliel Foundation as a “consultant and trainer” in the tactics of Saul “The Red” Alinsky, the author of “Rules for Radicals” whose book is dedicated to Lucifer. On the board of Gamaliel was professor John L. McKnight, who taught Obama Alinsky tactics probably starting in 1982 when Obama was still at Columbia and an intern for Gamaliel. (McKnight’s organization recruited 20 interns in 1982 for staffing in several cities, including New York.)
In his 1995 memoir, Obama said he wanted to go to Harvard Law School to “learn power’s currency in all its intricacy,” with the goal of “making large-scale change” as a national politician. So Obama approached McKnight to write a letter of recommendation, which he did. Obama, who McKnight admitted was a poor student, also probably got letters of recommendation from Newton Minow (JFK’s head of the FCC) who was on the board of trustees at Northwestern University where McKnight was teaching, and whose daughter, Martha, was dean of Harvard Law School. Minow was also a senior lawyer at Sidley Austin law firm where Obama did internships at Martha’s recommendation. Was sending Obama to that law firm a way to connect him with his future handler, Valerie Jarrett? Jarrett did work there at the time. Another letter of recommendation probably came from Thomas Ayers, the father of William Ayers, who was also on the board of trustees with Minow. Why were all these people so interested in helping a man with no particular accomplishments, even academically, into Harvard Law?
The wealthy Thomas Ayers, CEO of Consolidated Edison and sometimes called the Godfather of Chicago Politics, may have helped finance Obama’s education. According to Thomas Ayers’ mailman, Allen Hulton, he met young Obama at the home of Thomas Ayers. “He was very polite, dressed nicely, but informally – slacks and a dress shirt – and he spoke with no accent. Immediately this young black man entered into a conversation with me. He told me he had taken the train out from Chicago and had come to thank the Ayers family personally for having helped him with his education. “Hulton remembers asking the young man what his plans were for the future. “He looked at me and told me he was going to be president of the United States,” Hulton says. “There was a little bit of a grin on his face when he said it – he sounded sure of himself, but not arrogant. I know how people will say things because they have an ambition, but it did not come across that way,” Hulton says. “It came across as if this young black male was telling me he was going to be president, almost as if it were a
statement of a scientific fact that had already been predetermined, as if his being president has already been pre-arranged.”
Hulton also said that Thomas Ayers once gave him a lecture on how the working man was being exploited by rich capitalists. Was Thomas Ayers a Marxist? It certainly seems so. Why did Thomas Ayers take an interest in Barack Obama? Probably because one of Ayers’ close friends was the ubiquitous Frank Marshall Davis. It seems reasonable that Davis recommended Obama to Ayers and Ayers probably introduced Obama to his son, William, the Marxist terrorist.
In 1988 Obama left to attend Harvard Law School but returned to Chicago to work at Sidley Austin law firm in the summer 1989 where Valerie Jarrett introduced him to Michelle Robinson, his immediate boss who later became his wife. Not surprisingly, Jarrett’s maternal grandfather, Robert Rochon Taylor, was a Communist Party member and friend of Frank Marshall Davis. Her father-in-law, Vernon Jarrett, was also a communist and friend of Davis’s who apparently knew Khalid al-Mansour, formerly known as Donald Warden. Warden was a radical black power advocate and Marxist who was one of the “Chicago Eight” responsible for rioting during the 1968 Chicago Democratic Party convention.
Vernon Jarrett wrote an article in 1979 about al-Mansour, reporting that al-Mansour was asking rich Arabs to fund the education of black American kids, presumably to help induce them to become Muslims. So, perhaps Davis also prevailed upon his friend Vernon Jarrett to contact al-Mansour and recommend Obama as a candidate for that educational funding, especially since Obama was schooled in Islam while in Indonesia and his alleged Kenyan father’s family were Muslims. Sutton Percy, a New Yorker connected to Marxists there, said that al-Mansour asked him to write a letter of recommendation for Obama to Harvard Law, which Sutton did. Interestingly, in 1979, Obama was in Chicago. Did he meet with Vernon Jarrett or al- Mansour? My guess is that he did.
After law school, Valerie Jarrett initially worked for Mayor Harold Washington, another of Chicago’s communist officials who stocked his administration with communists and socialists. It was while she worked for Washington that she first hired Michelle Robinson who later married Barack Obama.
In 1991 Obama returned to Chicago after getting his law degree. He worked for ACORN’s Project Vote, and helped to elect another Chicago communist, Carol Moseley Braun, to the US Senate. In 1994, Obama became chief of staff for Alice Palmer in her run for a Congressional seat. Palmer was a communist and probably a paid agent of influence for the Soviet Union back in the 1980’s. In a 1995 party at the house of Bill Ayers to introduce Barack Obama’s entre into politics, Palmer anointed Obama as her heir to the Illinois Senate seat she was vacating. When Palmer’s Congressional bid fizzled, she wanted her old Illinois Senate seat back but Obama refused and had her disqualified on the ballot. Palmer, who fell out with Obama after that, later joined the socialist New Party of which Obama was also a member.
When Obama finally reached the White House, his closest advisor was Valerie Jarrett, who is still there and considered by some to be the actual power behind the throne who acts as Obama’s eyes and ears and, some say, brain. Perhaps her real mission is to keep an eye on Obama and direct policy. The other main advisor was David Axelrod who decamped for Chicago to run Obama’s 2012 re-election campaign. Interestingly, Axelrod was mentored and taught politics by a member of the Communist Party USA, David Canter, who was probably a paid agent of the Soviet Union. Canter’s father Harry, was a committed communist who even moved his family to Moscow. When he returned to America he came to Chicago and worked, as you might have guessed, with Frank Marshall Davis.
So, to put it together, young Obama was more than likely turned into a communist by his mentor, Frank Marshall Davis, and his family, and then sent to Occidental, known for its far left climate. Sometime during this period, Obama was probably officially recruited by the Soviet KGB to be a mole. His 1981 trip abroad was probably to meet his Soviet handler and get further instructions, including what to study and who to meet at Columbia. His first connection with the Chicago communist network was by applying for an internship with Gamaliel Foundation and so it was natural for Obama to relocate to the old home of his mentor and start making connections with radical Marxists.

In 1988 he was probably instructed to go to law school, presumably the best that would accept him, and Davis made sure his contacts wrote letters of recommendation. That the daughter of Thomas Ayers was dean of Harvard Law probably made him a shoo-in even if he didn’t have distinguished grades at Columbia. Before going to Harvard, Obama went overseas again and likely met his Soviet handler for further instructions, including that he should enter politics and possibly run for president. Ayers and the Saudis probably financed Obama’s time at Harvard.
Obama’s connection with the Saudis, Palestinians and other Muslims was also probably deemed a plus by the Soviets and one of the benefits of recruiting him. Some people think Obama is a closet Muslim while others think he’s an atheist who joined the Rev. Wright’s church to gain “street cred.” But being so supportive of Islam provides cover since Obama is seen as a Muslim tool, not that of the Russians.
It was Martha Minow who greased Obama’s way into the Sidley Austin law firm where her father was employed and which was a hot bed of leftist sympathizers, including Bernadine Dohrn, the terrorist wife of William Ayers. First year law students virtually never get to intern at major law firms. While at that law firm, Jarrett probably became his American handler. (It would be interesting to see when and where Jarrett went overseas for vacations or business.) It’s also possible that Michelle Robinson was recruited to be his cover, to provide a respectable family image despite his alleged gay sex life and drug use, in return for her riding his coattails into the final objective, the White House. In fact, when Obama lost his first bid to be a congressman, she reportedly almost left him.
After graduation from law school, Obama returned again to Chicago and started his political activities, working on the campaigns of various communists or socialists, until he gained enough experience and “street cred” among the city’s black south side population to enter politics himself. He went up the political ladder as fast as possible, from being elected state senator in 1997 to being elected United States senator in 2004 (aided when Carol Mosely Braun stepped aside for him). In 2004, he gave an impressive speech at the Democratic Party convention which fueled speculation that he might be presidential timber. But he wisely said he wasn’t ready. In fact, on November 8, 2004, after his election as senator, Obama said, “You know, I am a believer in knowing what you’re doing when you apply for a job. And I think that if I were to seriously consider running on a national ticket, I would essentially have to start now, before having served a day in the Senate. Now there are some people who might be comfortable with that, but I’m not one of those people.” However, that reticence to run for the presidency lasted until February 2007, when he announced his candidacy for president after having served only two years as a senator.
In 2005, Obama was adopted as a protege by Republican senator Richard Lugar of Indiana, one of the few Repubicans who was a creature of the fascist manipulator George Soros. Lugar took Obama on an arms control inspection trip to Russia, Ukraine and Azerbaijan in 2005. No doubt there were plenty of opportunities to meet with Russian handlers (fascists now, not communists) including when the American party was detained for several hours for no good reason and Obama was confined alone to a room in the airport. In 2006, Obama went abroad again, to Kenya, and perhaps met again with a Russian handler.
Did his Russian handlers push him into aggressively pursuing the office despite his misgivings? Did Obama really expect to win the nomination then? Or was it a Russian ploy to “prove” that a racist America would never consider a black man for president and thereby embarrass us.? Is that why Michelle Obama, surprised that her husband was winning, said that for the first time in her adult life she was proud of her country? If they thought America was so bad, why make a hopeless run for president? In any case, why would the Russians want to embarrass the United States? After all, the Soviet Union disintegrated and ostensibly communism was defeated in 1991, so the Russians were supposed to be no longer a threat.
The foreign intelligence requirements of the new Russian government did not end, of course, with the demise of the Soviet Union, and the functions of the KGB still had to continue even if that organization didn’t. So the new Russian government still had the Foreign Intelligence Service (SVR). One of the methods the SVR uses to obtain information and influence is through moles, that is, people who are recruited at a young age, normally using ideological indoctrination, and then groomed to enter strategically useful occupations in sensitive positions when they reach adulthood. One recent example of this was the arrest in 2010 of ten Russian agents, the so-called “Illegals Program.” The ten agents were what Russians call “sleeper agents” or moles, who were educated to pass as Americans and then insinuate themselves into useful jobs.
The present Russian government is fascist by nature and has nationalistic ambitions. It is led by President Vladimir Putin, a former KGB official. To get an idea of what the Russians intend to achieve by the use of a mole as an influence agent, and why they still want to bring down the United States, consider the textbook, “Foundations of Geopolitics” written in 1997 by Alexander Dugin, a known fascist, and General Nikolai Klokotov of the military’s General Staff. The book is very popular with Russian national security and foreign policy officials and is used as a textbook by the General Staff Academy and other educational institutions. Klokotov stated that it would serve as a “mighty ideological foundation for preparing a new military command.”
The book declares that “the battle for the world rule of [ethnic] Russians” has not ended and Russia remains “the staging area of a new anti-bourgeois, anti-American revolution.” The Eurasian Empire will be constructed “on the fundamental principle of the common enemy: the rejection of Atlanticism, strategic control of the USA, and the refusal to allow liberal values to dominate us.”
It also states that Russia should use its special forces, including moles, within the borders of the United States to fuel instability and separatism, by, for example, provoking “Afro-American racists.” According to the book, Russia should “introduce geopolitical disorder into internal American activity, encouraging all kinds of separatism and ethnic, social and racial conflicts, actively supporting all dissident movements – extremist, racist, and sectarian groups, thus destabilizing internal political processes in the U.S. It would also make sense simultaneously to support isolationist tendencies in American politics.”
In June 2008, Obama beat out Hillary Clinton to win the Democratic Party nomination to run for president. One month later, Obama went abroad again, this time as the party’s nominee, as if there were voters out in Germany who needed persuading to vote for him. So why go abroad to campaign? Was the trip really a ploy to meet with his Russian handlers and receive more instructions on what they expected from him as president? Is the Obama program really directed from Moscow to further the agenda outlined in “Foundations of Geopolitics” book?
If you wonder how Obama could introduce “geopolitical disorder” into the United States, consider why Van Jones, an admitted communist who was recruited by Valerie Jarrett to be Obama’s “Green Jobs” czar wanted to take over the “Occupy Wall Street” movement. If you want to know why Obama encourages illegal immigration, appoints members of the Mexican separatist group “La Raza” to his administration, and tries to stop states from enforcing the borders, consider the above goals. If you want to know why Obama has brought so many members of the Muslim Brotherhood into his administration, consider the above goals. If you want to know why Obama is so racially divisive, consider the above goals. If you want to know why Obama is trying to wreck us financially, consider the above goals. If you wonder why leftists are encouraged to be as nasty as possible towards anyone on the right, further dividing the country, consider the above goals.

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As for America’s role in the world, Dugin and Klokotov’s book emphasizes that Russia must spread Anti-Americanism everywhere: “the main ‘scapegoat’ will be precisely the U.S.” What’s more, they stress the “continental Russian-Islamic alliance” which lies “at the foundation of the anti-Atlanticist strategy.” The alliance is based on the “traditional character of Russian and Islamic civilization.” The book calls Iran a key ally and uses the term “Moscow-Tehran axis.”
So, if you want to know why Obama would insult our traditional Atlantic allies, such as the United Kingdom, while supporting our enemies, such as trying to force the Hondurans to disregard their own constitution and allow their president, an ally of Venezuela’s former dictator Chavez, to remain in office past his allowed two terms, consider the above objectives. If you wonder why Obama would tell Russia’s Medvedev that he would have more flexibility to meet Russian goals after he’s reelected, consider the above objectives.
Although it hasn’t been confirmed, the Israeli Avi Lipkin (also known as Victor Mordecai) claims that on January 19, 2010 his wife Rachel, a native born Egyptian Jew, picked up a broadcast on Nile TV from Egypt. It was a round table discussion in which the Foreign Minister of Egypt, Ahmed Aboul Gheit, was quoted saying that in a one-on- one meeting with Barack Obama, our president swore to him that he was a Muslim. Gheit, who did, indeed, meet privately with Obama in 2009, continued by saying Obama told him, “I have a problem with some domestic issues. And as soon as I finish with the healthcare question you Muslims will see what I will do for Islam regarding Israel.”
So, if you wonder why Obama in conjunction with his close friend, Turkey’s president Ergogan, as well as the Saudis, have been actively supporting the overthrow of secular regimes that were cooperating with us in Libya, Tunisia, Egypt, Yemen and now Syria, only to replace them with Muslim Brotherhood Islamists who are our enemies and are likely to go to war with Israel eventually, consider the above Russian objectives. If you wonder why Obama let our staff in Benghazi die rather than save them, while putting out an absurd lie that it was a mob attack provoked by a movie from months before that nobody had ever seen, then realize that promoting the idea that an American movie incited the mob is a meme they were trying to create designed to make the US the scapegoat, just as in the objectives above. If you wonder why Obama didn’t support Iran’s dissidents in 2009, consider whose key ally Tehran is.
If you wonder why Obama has not supported Ukrainian dissidents fighting to prevent closer ties to Moscow in 2014, or even criticized the crackdown against regime opponents in Venezuela by Chavez’s hand-picked successor, consider what Moscow’s interests are. If you wonder why Obama is so diffident towards Muslims and indifferent if not hostile to Christians, consider whose objectives are being met.
After overthrowing the Egyptian government of Mubarak and installing the Muslim Brotherhood’s Morsi, the Egyptian people rebelled and threw them out. Likewise, Obama has been supporting Muslim terrorists who slaughter Christians in Syria as they try to overthrow the pro-Iranian regime of Assad probably at the behest of Saudi Arabia and Turkey. (Obama has yet to criticize the anti- Christian pogrom by Syria’s rebels.) But the Syrian rebels are making no headway, so Obama tried to get US military forces to intervene on behalf of the rebels until the American public objected. His latest tactic seems to be a deception. By creating the Islamic State of Iraq and Syria (or the Levant), ISIS, he’s created a false enemy. His alleged solution is to arm the Free Syrian Army, which has been fighting the Syrian regime, so that they’ll fight ISIS. He proposes training them in Saudi Arabia, the very regime that has been financing the overthrow of Syria’s Assad, so that they’ll go after ISIS instead. But there’s no reason to believe the Free Syrian Army, which is composed of Islamists such as al-Qa’ida and the Muslim Brotherhood, will ignore Syria and battle fellow Muslims. Instead, they are likely to combine with ISIS and battle with US supplied arms.
As previously indicated, Obama is a close friend of Turkey’s President Erdogan, an Islamist whose party has pushed that country from being secular into embracing Islam as policy. Initially, Obama, Erdogan, the Saudis and probably George Soros were working together against Russia’s unofficial ally, Iran, but it appears that Obama has betrayed the Saudis, much to their fury, by making a deal with Iran to let them have a nuclear weapons program. Moreover, Turkey’s intelligence service betrayed Iranian dissidents to Tehran who were providing intelligence on Iran’s nuclear program. So, Obama and Turkey are now, along with the Russians, in bed with Iran. Why? Possibly because their program to overthrow Syria and replace Assad with a Sunni Islamic Brotherhood regime is failing, and Egypt is no longer an ally against Israel that it was under Morsi. So now, the only option to destroy Israel is nuclear and for that, they need Iran.
What else could Obama do for the Russians? While at Columbia, Obama wrote an article for a newspaper and also a class paper on nuclear disarmament, blaming the arms race entirely on the United States. Interestingly, nuclear disarmament of the West was a prime objective of the Soviet Union at the time. Nuclear disarmament is still one of Obama’s main interests and he’s done much to reduce the size of the American arsenal if not that of the Russians. According to President Obama, the United States has a moral obligation to disarm as an example to the rest of the world. His 2010 Strategic Arms Reduction Treaty calls for the US to reduce our number of nuclear weapons to about 1550 while also agreeing not to create a missile defense shield in eastern Europe. The Russians must be very pleased.
As of 2013, he’s trying to reduce the number of nuclear weapons even more, to less than a thousand. American weapons, that is. The Russians are actually allowed to build more nuclear weapons since they say they have less than 1550 nuclear weapons and are busy modernizing their arsenal, something we’re not doing. If this sounds like an ideal situation for the Russians, Obama has given the Defense Department orders to plan on reducing our nuclear arsenal even further, down to 300 weapons. Bear in mind that even if you could get to a world where everyone lacked nuclear weapons and couldn’t build them, even the Chinese, Pakistanis, North Koreans, Israelis and Iranians, that would only make the world safe for large-scale conventional war.
Obama has also been firing and replacing flag-ranked officers in unprecedented numbers, leading some to believe that he’s putting his own compliant officers in key positions based on their willingness to open fire on Americans. Some of these key officers were responsible for America’s strategic nuclear forces. What’s more, many Air Force personnel manning the ICBM silos have been accused of various crimes and relieved as a result. Note that all of these people had to obtain a top secret clearance as a result of a comprehensive background investigation. How is it so many are deemed corrupt? Is Obama rendering our nuclear retaliatory capability prostrate?
In addition, he’s stopped several weapons programs such as the Tomahawk Cruise Missile and the Hellfire anti-personnel missiles, as well as drastically reduced the size of the Navy and the number of Army personnel. But he’s also allowed and encouraged illegal aliens to join America’s services at the same time. It should be obvious that Obama is striving to degrade America’s military, which works to the advantage of the Russians.
In America, Obama has been working to undermine the Constitution as he rules by the fiat of executive orders and unilaterally changing laws and deciding which ones to enforce. His economic policies of driving up government debt by many trillions of dollars and creating a welfare state have the earmarks of a Cloward-Piven strategy. (Cloward and Piven devised a plan to bankrupt New York by enlisting as many people as possible to go on welfare. The idea was to destroy the economy and replace it with a socialist state. In fact, they did manage to bankrupt New York City as a result.)
Obama is also working to bring vast numbers of Middle Eastern people into America without even vetting them. Many are likely to be terrorists and many have disappeared once they arrive in this country. He has created the crisis on the border with the massive wave of Central American’s entering this country along the Rio Grande in Texas. Many are vicious gang members and many are sick with a variety of dangerous diseases. Once inside this country, these dangerous people are shipped to locations the administration won’t disclose or simply let loose. It may be that the spread of the severe respiratory Enterovirus D68 that has polio-like symptoms is being spread by Central American children.
In October 2014, America had its first Ebola victim, so it may get much worse. The form of Ebola is far more contagious than previous strains and some believe it may be a weaponized version since the US government has a patent on it. What’s more, Disaster Response Teams reportedly were told months in advance that there would be a disaster in the coming October that would overwhelm EMT and Hospitals. Perhaps that’s true since the administration ordered 160,000 Hazmat suits. What else do we know? Obama put the Center for Disease Control directly under the White House. He also gutted quarantine rules that would help prevent pandemics from entering this country. So, what are the odds that Obama is part of a plot to ravage this country’s population?
If you wanted to allow terrorists into America carrying dirty bombs or chemical weapons, leaving the border unguarded or preventing Border Patrol Agents from defending themselves against assaults would also be s. In fact, that’s being done since Border Patrol personnel are being diverted to Texas. Meanwhile, not only are Central Americans flooding in, but reports indicate a wide variety of other nationalities are joining them, including Islamists.
Interestingly, the Russian Mafia is said to be in charge in Mexico. Presumably, they’re coordinating with Mexican drug gangs and it may be that Putin is behind the plan. Imagine what would happen if America were destroyed by several plagues, such as Ebola or some exotic disease, along with attacks by terrorists. I suspect that, too, is part of the Russian’s plan that Obama appears to be supporting.
The scandals associated with Obama are also an indication of his contempt for America. He directed the Internal Revenue Service (IRS) to not grant tax free status to conservative groups and Obama’s critics are being audited. The National Security Agency (NSA) is now monitoring virtually all communications by Americans in this country, which used to be illegal. The Federal Communications Commission (FCC) is sending monitors into news rooms to see how they devise editorial policy. Obama, under the Fast and Furious program, has sent thousands of firearms to Mexican drug cartels. Then there’s the Benghazi debacle which looks more and more like a plot to ship American weapons from Libya to Syria that was intercepted by Hamas.
Obama has also been laying the ground work to create a martial law crackdown on right wing opponents. His Department of Homeland Security (DHS) has been buying billions of rounds of ammunition, giving away armored vehicles to police forces, buying armored check point stations and thousands of automatic weapons. The Federal Emergency Management Agency (FEMA) has contracted to build “refugee” camps that resemble prisons with inward facing barbed- wire fences. The Army has a field manual that directs how to run such a camp, including political indoctrination and keeping track of inmates by social security number. The National Defense Authorization Act (NDAA) has provisions for the indefinite detention of American citizens in such camps under any pretext. Obama’s executive orders allow him to seize control of all utilities and transportation in this country even in time of peace. The Army and DHS have been practicing urban warfare exercises within large American cities and have recently constructed a mock US city to practice on. Army exercises and manuals stress that the terrorists are likely to be those who want to uphold the Constitution and display other conservative values. Clearly, something sinister is up.

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Obama appears to be deliberately instituting a fascist regime in America. Fascism is a way station on the road from Capitalism to Communism. The Patient Protection and Affordable Care Act (Obamacare) is wrecking the economy, sowing chaos in the health care industry, adding to debt, depriving people of insurance or driving up their costs drastically, throwing people out of work and putting one-sixth of the US economy directly under the thumb of the government. And it’s not by nationalizing the healthcare industry, it’s by micromanaging it. That’s the difference between socialism and fascism. When the government directly takes over the healthcare industry as the single payer, then it will be socialized medicine. Until then, it’s fascist medicine.
In the end, we still don’t know who Obama really is. His birth certificate is a proven fraud. His draft card is clearly a fake. His social security numbers (he has many) are from a state he never lived in. His academic, government and health records are all sealed and he has spent millions to ensure they can’t be opened. Isn’t it possible, if not probable, that Obama is a mole?
Obama was famously overheard on a hot mic when he told Russia’s then President Medvedev (he was holding the spot for Vladimir Putin who was Prime Minister since Putin, Russia’s real boss, couldn’t run for president again under the Russian constitution) that he needed more space to solve the missile defense issue and that he would be more flexible after his next and last election (in 2012). Medvedev said, “I will transmit this information to Vladimir and I stand with you.” The press has largely ignored the familiar use of Vladimir rather than saying “Putin” or even just “the prime minister”, but more importantly, they’ve also failed to comment on why Medvedev would say, “I stand with you.” Doesn’t that imply that Medvedev knows Obama stands with him?
Now then, if you want to know how Russia could ever achieve the objective, “strategic control of the USA”, consider why they would put a mole in the White House.
By the way, as I usually do, I asked the universe for a sign as to whether this hypothesis is correct. Later that evening, I was walking past the TV as my wife was watching NCIS. I was taken aback when I heard a black character on the show state that he wasn’t really an American. He was from Somalia and was trained by the Soviets in Russia to become an American mole. He said the Russians dropped him off from a submarine near Seattle. I presume the producers of the show were hinting at Obama or using him as a model, but I was amazed at the timing of when and how I saw it.

Content copyright 20152015. . All rights reserved.

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CRUMMY CLOWARD-PIVEN STRATEGY UP AND RUNNING!

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SPEND, OVERLOAD, DESTROY!

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EVERY ANGLE THEY CAN THEY ARE DESTROYING AMERICA…

John Gaultier

Food Stamps, Unending Welfare, and now Disability.

( Yes there are legitimate reasons a person must go on disability… but look at the graph..it is impossible that all of a sudden.. Americans all ate the same food.. or crashed in the same car … or worked at the same Factory and had the same accident…. or WHAT ??? This is not statistically possible except and unless it was a planned scam! )
ITS AN OBAMA CABAL SCAM TO OVERLOAD THE SYSTEM AND GET A WHOLE BUNCH OF VOTERS WHO WILL VOTE FOR HIM AS LONG AS HE ASSURES THEM NEVER ENDING BOGUS DISABILITY.. HE HAS ALREADY DONE IT FOR WELFARE.. AND FOR FOOD STAMPS)>>>>Fraud And Disability Equal A Multibillion Dollar Black Hole For Taxpayers<<<<<<<<
A parasite has insidiously invaded the body of America. It has fed and grown large on nutrients from government handouts and now is enervating its host, our capitalist system.Since our president entered the White House in January 2009 through September of this year 5.9 million people have been added to the SSDI or Social Security Disability program. That compares with less than 2.5 million jobs created during the same period. According to Social Security Administration data, currently including spouses and children, SSDI rolls have swollen to a bloated 10.9 million. A record one in fourteen workers is now on the SSDI dole. It’s like checking in a hotel and never leaving. Of the 653,877 souls that departed the program in 2011, 36% departed by being gracious enough to die, while 52% reached retirement age and seamlessly switched to other benefits. Only 6% returned to work and 3.6% exited the program due to medical improvement. According to Congressional Research Services this program cost taxpayers $128.9 billion in 2011 and was in deficit to the tune of $25.3 billion. Funded by the 1.8% payroll tax and comprising nearly 18% of all social security spending, at current pace the trust fund may be exhausted by as early as 2015.
FHA Will Cost Taxpayers $150 Billion Richard Finger Richard Finger Contributor
Facebook: What’s It Really Worth Richard Finger Richard Finger Contributor
The Patent Millionaires: Striking It Rich With High Stakes Litigation Richard Finger Richard Finger Contributor
Buffett On Taxes: Self-Interest And Cheap Virtue Richard Finger Richard Finger ContributorI pulled up http://www.ssa.gov/ (then click disability) to look for myself at the so called “Listing of Impairments” and if length is an indicator for program efficacy, then SSDI would be one of the world’s greatest government safety net plans. There is a kaleidoscope of ailments from which to choose. Under Section 12, “Mental Disorders” section of the Disability Evaluation there is, statistically, a qualifying syndrome for all of us, not just in America, but in the entire universe. This one category alone printed out to twelve full pages.Certainly each of us carries familiarity with subsection 12.04, “Affective Disorders”. It would be tiresome to redact the entire section but some examples are in order. Ever had “decreased energy”, “feelings of guilt or worthlessness”, “difficulty concentrating”, “sleep disturbance”, “anhedonia” (I had to look it up), or psychomotor agitation (I didn’t bother to look it up). If you answered yes to any one of these infirmities and it results in “difficulties maintaining social functioning”, or “marked difficulties maintaining concentration”, or “repeated episodes of decompensation” (I don’t know and don’t care), then bingo you are eligible for disability. If you don’t qualify on my above snippet, don’t despair, there are literally dozens of other possible maladies of the mind listed and most of us, if we want, can fall neatly into one or more of the mental illness baskets.Somehow, if you are classified to be of sound mental composition, perhaps an examination of your Musculoskeletal System (in Section 1) might strike gold. Basically this section is all things “back” related. From my own experience and talking to doctors, virtually every person in their thirties and older will show “bulging” disks or some other form of spinal degeneration. It is quite difficult to medically argue against back pain. Fortunately for claimants, fibromyalgia has recently been added to our list of eligible diseases under SSDI. Often if your head hurts or you have muscle aches of indeterminate origins and doctors can’t specifically diagnose any name disease, they may call it fibromyalgia. Thank goodness SSDI can fill this void, since because of its non-specificity of symptoms, health insurance companies often turn down these highly subjective claims.

The Numbers Prove The Point

The numbers substantiate a shift to these hard to (dis)prove afflictions. Over the past three decade’s awards for mental illness climbed from 16% of total claims to one third by 2010. During the same period “back pain” increased its market share from 13 to 28%. It is a system begging for abuse. A study by the NBER (National Bureau of Economic Research) found that for workers with low paying jobs, SSDI including Medicare replaced, on average, 90% of working income. (SSDI recipients get free Medicare after two years of receiving benefits.) In times of tepid job growth, like now for instance, wages are often stagnant, so if there is a choice between working at minimum wage versus doing nothing and earning almost equal amounts, sloth trumps exertion much more often than not. What are other explanations why at this juncture of a theoretically improving economy is our nation weighed down by such a bloated system? Well secondly, the qualification standards have been severely watered down. As evidenced by above statistics “back pain” is questioned much less today. It is not difficult to claim otherwise when a person says they are depressed. Also, more attention is paid to the applicants claims of pain and special trust is placed in the report made by the applicants own physician. Third, once invited into the club, why leave. In 1983, 163 per 1,000 people terminated benefits. Jump ahead to 2011 and that number has collapsed to only 74 per 1,000. In a crummy job market the incentive is to stay put and live off the fat of the government. A fourth reason is that the labor participation rate, at 63.7%, is at its lowest levels in generations. This translates that of the millions who have thrown in the towel looking for employment, many have elected to enter the SSDI lottery. This leads us to the huge issue of fraud.

The Role Of Fraud

“We know there are individuals who will purposely withhold or fabricate information to collect government benefits they are not entitled to receive”. Those are the words of the Office of the Inspector General from their hearing on “combating disability waste, fraud, and abuse”. The Senate conducted their own investigation which concluded that fully one quarter of all disability insurance claims decisions were flawed, improperly addressing “insufficient, contradictory, and incomplete evidence, thus increasing the chances of rewarding nondisabled persons.” The study also determined the Social Security Administration (SSA) failed to establish that claimants were properly screened to certify that they satisfied metrics in the Social Security Administration’s (SSA) medical “Listing of Impairments” to meet eligibility requirements that would qualify them for the DI program. The Inspector General’s office identified billions in fraud. The Senate study implies many billions more in abuses. Much of the ongoing program cheating comes from those who continue to collect disability payments but are stealthily employed on the side. Not surprisingly, some of the SSDI wounds are self-inflicted. The SSA loses hundreds of millions continuing to pay those who were honest and notified that they were returning to work. The agency is supposed to conduct CDR’s or Continuing Disability Reviews to check in and determine the status of the disabled. I know it surprises everyone that there is a huge backlog and SSA is severely understaffed in this area. Probably the biggest area of abuse is those who gingerly slip through the vetting net and shouldn’t be getting disability payments in the first place. The contrived complexity of the SSDI system has spawned a cottage industry of doctors and specialized legal teams to navigate the byzantine multi-tiered documentation process. While the integrity of most lawyers and doctors is beyond reproach there are a few bad apples that make their living gaming the system. Remember what your mother preached, “if at first you don’t succeed, try, try again”. This small nugget of wisdom pays off especially when applying for SSDI. Often applicants may be turned down on the first or second attempt to receive benefits. Many times it is only through a court hearing that cases get resolved. Per a study by D. Autor and M. Duggan as many as 40% of all disability awards comes through the appeals process. Some judges gain the reputation of never seeing a claim they didn’t like………never refusing anyone. They also found in one recent year the SSA paid out as much as half a billion dollars to claimants attorneys. It seems to me it is always in the best interest of the lawyer to take a case to trial; it’s a win for him/her no matter what the verdict.

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Broken System

As of August past the disability award (not including Medicare) was about $1,111 per month. So the incentive to do some menial dead end job loses appeal when the new job might or might not have health benefits…….certainly not as grand as Medicare.

The SSDI program is a microcosm of what ills the job market in America. When our president took office 40% of the population received some sort of government assistance. That number now stands at over 55%. There is an alphabet soup of welfare programs that create disincentive to seek gainful employment. Zerohedge.com published an excellent chart demonstrating when you add in all the free government goodies that a single mother with one child with gross income of $29,000 receives, that she effectively ends up with $57,327 in net income and benefits. She is better off than the mom with gross income of $69,000 who after taxes has a net income and benefits of $57,045. Some of the giveaways include SNAP Supplemental Nutrition Assistance Program formerly known as Food Stamps. If boredom sets in, look up CHIP or TANF. There is also Medicaid and the Housing Choice Voucher Program.
Have a look for yourself. http://www.zerohedge.com/news/2012-11-27/when-work-punished-tragedy-americas-welfare-state Zerohedge.com

published another chart on 11/22/12 demonstrating that a single parent family of three earning minimum wage ($14,500) per year has more disposable income than the family making $60,000 per year. The Wall Street Journal last week published some of the exchanges between Speaker Boehner and the President where the President kept repeating that he did not think the country had a spending problem. My translation is that he has no intentions of reducing any of the runaway programs that insidiously degrade our economic structure. The new tax increases on the “rich” are projected to bring $600 billion in revenues to the Treasury Department over the next decade. Deficits are projected to be $6.8 Trillion or elven times as much.

While there is certainly intransigence on both sides of the aisle, the President as chief of state needs to rise above and be a leader. If not addressed in a meaningful way, our profligacy will one day in the not too distant future destroy our country. The Federal Reserve’s rigged artificially low interest rates are the only firewall standing between us and bankruptcy. Imagine if short term rates were 5% and the 10 year treasury was sitting at 7%. Imagine servicing our $16 trillion debt at these rates. The time to act is now …

REVOLUTION OR SECEDE… THIS IS GOING TO END BADLY!!!

Normally I write a beginning and an end to the pieces I repost here but the above article says it all!

If this country does not wake up and quickly, there will be no going back because there will be nothing to go back to!

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On a related note – these statistics are appalling!

THE NEW WELFARE MAP

going down photo

b499391.jpg

Make sure you read to the bottom…

Quite an eye opener…

These 11 States now have More People on Welfare than they do Employed!
Last month, the Senate Budget Committee reports that in fiscal year 2012, between food stamps, housing support, child care, Medicaid and other benefits, the average U.S. Household below the poverty line received $168.00 a day in government support. What’s the problem with that much support? Well, the median household income in America is just over $50,000,which averages out to $137.13 a day. To put it another way, being on welfare now pays the equivalent of $30.00 an hour for a 40-hour week, while the average job pays $20.00 an hour.
Furthermore:
There are actually two messages here. The first is very
interesting, but the second is absolutely astounding – and explains a lot.

A recent “Investor’s Business Daily” article provided very
interesting statistics from a survey by the United Nations International
Health Organization.

Percentage of men and women who survived a cancer five years
after diagnosis:

U.S. 65%

England 46%

Canada 42%

Percentage of patients diagnosed with diabetes who received
treatment within six months:

U.S. 93%

England 15%

Canada 43%

Percentage of seniors needing hip replacement who received it
within six months:

U.S. 90%

England 15%

Canada 43%

Percentage referred to a medical specialist who see one within
one month:

U.S. 77%

England 40%

Canada 43%

Number of MRI scanners (a prime diagnostic tool) per million
people:

U.S. 71

England 14

Canada 18

Percentage of seniors (65+), with low income, who say they are
in “excellent health”:

U.S. 12%

England 2%

Canada 6%

And now for the last statistic:

National Health Insurance?

U.S. NO

England YES

Canada YES

Check this last set of statistics!!

The percentage of each past president’s cabinet who had worked in the private business sector prior to their appointment to the cabinet.
You know what the private business sector is; a real-life business, not a government job. Here are the percentages.
T. Roosevelt……………….. 38%

Taft………………………….. 40%

Wilson ……………………… 52%

Harding……………………… 49%

Coolidge……………………. 48%

Hoover………………………. 42%

F. Roosevelt………………… 50%

Truman……………………… 50%

Eisenhower……………. …. 57%

Kennedy……………………. 30%

Johnson…………………….. 47%

Nixon………………………… 53%

Ford………………………….. 42%

Carter……………………….. 32%

Reagan………………………. 56%

GH Bush…………………….. 51%

Clinton …………………….. 39%

GW Bush…………………… 55%

Obama……………………….. 8%

This helps to explain the incompetence of this administration:
only 8% of them have ever worked in private business!

That’s right! Only eight percent—the least, by far, of the
last 19 presidents! And these people are trying to tell our big
corporations how to run their business?

How can the president of a major nation and society, the one
with the most successful economic system in world history, stand and talk
about business when he’s never worked for one? Or about jobs when he has
never really had one? And when it’s the same for 92% of his senior staff
and closest advisers? They’ve spent most of their time in academia,
government and/or non-profit jobs or as “community organizers.”
They should have been in an employment line.

“The problem with socialism is that you eventually run out of other people’s money.”

― Margaret Thatcher

198468

No nation can survive once it becomes inverted and has more people on welfare than are working, 

and we are at the tipping point – if not already past it!

This doesn’t help either, that more than 90% of the jobs being created are either government or part time work, and that is not going to change, but will continue to get worse, unless the Affordable Health Care Act (Obummercare) gets defunded, defeated and dissolved!!!

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“Molon Labe!”

CRUMMY $ COLLAPSE COMING!

TAKE HEED AND PREPARE!

THE FISCAL TRAIN IS APPROACHING THE CLIFF!

obama-debt-train

http://www.wnd.com/2013/07/the-dollar-collapse-not-whether-but-when/#d8QvylIpuMOphfiv.99

THE DOLLAR COLLAPSE: NOT WHETHER, BUT WHEN

Exclusive: Lord Monckton explains what’ll happen when the crunch finally comes

Published: 7-30-2013

cmonckton_avatar  LORD MONCKTON

Christopher Monckton of Brenchley, high priest of climate skepticism, advised Prime Minister Margaret Thatcher, wrote leaders for the Yorkshire Post, was editor of the Catholic paper The Universe, managing editor of the Telegraph Sunday Magazine, assistant editor of Today, and consulting editor of the Evening Standard. He invented the million-selling “Eternity Puzzles,” “Sudoku X” and a promising treatment for infections. See the Science & Public Policy Institute.

monckton_logob

I make no apology for repeating my warning that, thanks to the dismal Obama administration, Uncle Sam is bankrupt. Serious financial commentators are now predicting riots in the streets and even, perhaps, outright economic collapse.

The U.S. dollar, the world’s reserve currency for almost half a century, is its reserve currency no more. Each dollar bill the administration prints is just as much a forgery as that bogus Hawaiian birth certificate.

Every two months, the administration prints or borrows more money than the combined annual profits of the 100 biggest publicly traded companies in America.

Every second, the U.S. government spends $64,000 it doesn’t have. The $64,000 Question is not whether but when the collapse will come. The crash of 2008 was a walk in the park. This is the big one. And the frankly communist outlook of the current administration means it is temperamentally disinclined to take any of the steps that are now essential to save America.

Trouble is, the GOP have little or nothing to say about this. For 10 successive suspicious weeks, U.S. federal debt has remained at just under $17 trillion, just under the debt ceiling set by your elected representatives in Congress.

Yeah, right. Dream on. The Treasury is fiddling the books. Fraudulently. According to my calculations, federal debt has risen not by zero but by $400 billion in those 70 days.

Here is just one of the ways the Treasury can get away with making $400 billion vanish. Under an act intended to allow officials to mint commemorative coins (not exactly a legitimate function of the Treasury), the Secretary Jack Lew can issue platinum coins of any denomination he wants.

To keep the debt apparently below the congressional limit even though it is rising at $40 billion a week, all he has to do is mint a half-ounce coin with a face value of $2 trillion and deposit it with the Fed.

Bingo! Not just 70 days’ squandering but a whole year’s socialist profligacy fully “paid for,” just like that. And Congress none the wiser.

I don’t know whether this is how Lew is cooking the books. I don’t know how he’s cooking them. But I do know that he’s cooking them. You don’t need to have a Ph.D. in macroeconomics to work that one out.

I am angry – and I’m not even a U.S. citizen. Every red-blooded American should be furious when in-your-face corruption as outrageous as this prevails at the highest level in the institution whose job is to account for your money honestly.

Today the U.S. has more government debt than any country in the history of the world. More debt than every country in the European Union – combined.

To minimize the interest on all that debt, the Fed has lowered its benchmark interest rate 10 times since August 2007, from 5.25 percent to somewhere between 0 and 0.25 percent. But it can’t go on doing that, because worldwide no one believes in the dollar. So interest rates are going to have to go up.

Porter Stansberry, an investment expert based in Baltimore, explains what will happen then: “What if the average real interest rate ends up being just 4 percent and we pay it off over 30 years, like a mortgage? We’ll spend $34.3 trillion just to repay what we owe right now. If the rate ends up being 6 percent, we’ll spend $43.1 trillion.”

The crunch will come when Uncle Sam’s creditors either completely stop accepting dollars in repayment or greatly discount the value of these new dollars.

The New York Post puts it this way: “The U.S. dollar is getting perilously close to losing its status as the world’s reserve currency. Should it cross the line, the 2008 financial crisis could look like a summer storm.” The Financial Times and the Wall Street Journal have said the same.

Sam Zell, America’s 60th richest man, says this: “My single biggest financial concern is the loss of the dollar as the reserve currency. I can’t imagine anything more disastrous to our country. I’m hoping against hope that it ain’t gonna happen, but you’re already seeing things in the markets that are suggesting that confidence in the dollar is waning. I think you could see a 25 percent reduction in the standard of living in this country if the U.S. dollar was no longer the world’s reserve currency. That’s how valuable it is.”

The Chinese, via the official Xinhua news agency, have said: “International supervision over the issue of U.S. dollars should be introduced and a new, stable and secured global reserve currency may also be an option to avert catastrophe caused by any single country.”

James Rickards, the author of “Currency Wars,” says this: “If the currency collapses, everything else goes with it: Stocks, bonds, commodities, derivatives and other investments are all priced in a nation’s currency. If you destroy the currency, you destroy all markets – and the nation.”

You heard it here first.

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Read more at http://www.wnd.com/2013/07/the-dollar-collapse-not-whether-but-when/#AjPjVyPfte1RuJYK.99

We The People Need To Stop The Train –

Before It TOTALLY Wrecks Our Country And Our Lives!

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THESE ARE THE CRUMBS THAT RUINED US FINANCIALLY!

Two of the Best Explanations of the Federal Reserve System

(which is neither Federal nor reserved)

THAT I HAVE EVER READ!!!

The Federal Reserve is how the elites will be able to rule us and make us part of their new world order! The schematic below explains how all the political and financial machinations  work and have worked for the past 100 years!

They will continue to work until we the people say enough!

hegalian-dialectic

The article, which is from the book, “The Beginning of The End”, was published in 2010, so the debt figures are grossly out if date, but you should know by now, that we are almost $17 TRILLION DOLLARS in debt and if the 2009 figures made the debt unpayable, you may as well forget about ever paying off the debt that exists now! Read these two explanations to understand what the yokes are that bind us down and the only way we will ever be able to become debt free is to close down the Federal Reserve, tear up our debt to them, which they caused, and give the money making power back to Congress, the way it was set up in the Constitution!

It Is Now Mathematically Impossible To Pay Off The U.S. National Debt

 By Michael Snyder, on February 4th, 2010

 http://theeconomiccollapseblog.com/archives/it-is-now-mathematically-impossible-to-pay-off-the-u-s-national-debt

A lot of people are very upset about the rapidly increasing U.S. national debt these days and they are  demanding a solution. What they don’t realize is that there simply is not a solution under the current U.S. financial system. It is now mathematically impossible for the U.S. government to pay off the U.S. national debt. You see, the truth is that the U.S. government now owes more dollars than actually exist. If the U.S. government went out today and took every single penny from every single American bank, business and taxpayer, they still would not be able to pay off the national debt. And if they did that, obviously American society would stop functioning because nobody would have any money to buy or sell anything.

And the U.S. government would still be massively in debt.

So why doesn’t the U.S. government just fire up the printing presses and print a bunch of money to pay off the debt?

Well, for one very simple reason.

That is not the way our system works.

You see, for more dollars to enter the system, the U.S. government has to go into more debt.

The U.S. government does not issue U.S. currency – the Federal Reserve does.

The Federal Reserve is a private bank owned and operated for profit by a very powerful group of elite international bankers.

If you will pull a dollar bill out and take a look at it, you will notice that it says “Federal Reserve Note” at the top.

It belongs to the Federal Reserve.

The U.S. government cannot simply go out and create new money whenever it wants under our current system.

Instead, it must get it from the Federal Reserve.

So, when the U.S. government needs to borrow more money (which happens a lot these days) it goes over to the Federal Reserve and asks them for some more green pieces of paper called Federal Reserve Notes.

The Federal Reserve swaps these green pieces of paper for pink pieces of paper called U.S. Treasury bonds. The Federal Reserve either sells these U.S. Treasury bonds or they keep the bonds for themselves (which happens a lot these days).

So that is how the U.S. government gets more green pieces of paper called “U.S. dollars” to put into circulation. But by doing so, they get themselves into even more debt which they will owe even more interest on.

So every time the U.S. government does this, the national debt gets even bigger and the interest on that debt gets even bigger.

Are you starting to get the picture?

As you read this, the U.S. national debt is approximately 12 trillion dollars, although it is going up so rapidly that it is really hard to pin down an exact figure.

So how much money actually exists in the United States today?

Well, there are several ways to measure this.

The “M0″ money supply is the total of all physical bills and currency, plus the money on hand in bank vaults and all of the deposits those banks have at reserve banks.  As of mid-2009, the Federal Reserve said that this amount was about 908 billion dollars.

The “M1″ money supply includes all of the currency in the “M0″ money supply, along with all of the money held in checking accounts and other checkable accounts at banks, as well as all money contained in travelers’ checks.  According to the Federal Reserve, this totaled approximately 1.7 trillion dollars in December 2009, but not all of this money actually “exists” as we will see in a moment.

The “M2″ money supply includes everything in the “M1″ money supply plus most other savings accounts, money market accounts, retail money market mutual funds, and small denomination time deposits (certificates of deposit of under $100,000).  According to the Federal Reserve, this totaled approximately 8.5 trillion dollars in December 2009, but once again, not all of this money actually “exists” as we will see in a moment.

The “M3″ money supply includes everything in the “M2″ money supply plus all other CDs (large time deposits and institutional money market mutual fund balances), deposits of eurodollars and repurchase agreements.  The Federal Reserve does not keep track of M3 anymore, but according to ShadowStats.com it is currently somewhere in the neighborhood of 14 trillion dollars.  But again, not all of this “money” actually “exists” either.

So why doesn’t it exist?

It is because our financial system is based on something called fractional reserve banking.

When you go over to your local bank and deposit $100, they do not keep your $100 in the bank.  Instead, they keep only a small fraction of your money there at the bank and they lend out the rest to someone else.  Then, if that person deposits the money that was just borrowed at the same bank, that bank can loan out most of that money once again.  In this way, the amount of “money” quickly gets multiplied.  But in reality, only $100 actually exists.  The system works because we do not all run down to the bank and demand all of our money at the same time.

According to the New York Federal Reserve Bank, fractional reserve banking can be explained this way….

If the reserve requirement is 10%, for example, a bank that receives a $100 deposit may lend out $90 of that deposit. If the borrower then writes a check to someone who deposits the $90, the bank receiving that deposit can lend out $81. As the process continues, the banking system can expand the initial deposit of $100 into a maximum of $1,000 of money($100+$90+81+$72.90+…=$1,000).”

So much of the “money” out there today is basically made up out of thin air.

In fact, most banks have no reserve requirements at all on savings deposits, CDs and certain kinds of money market accounts.  Primarily, reserve requirements apply only to “transactions deposits” – essentially checking accounts.

The truth is that banks are freer today to dramatically “multiply” the amounts deposited with them than ever before.  But all of this “multiplied” money is only on paper – it doesn’t actually exist.

The point is that the broadest measures of the money supply (M2 and M3) vastly overstate how much “real money” actually exists in the system.

So if the U.S. government went out today and demanded every single dollar from all banks, businesses and individuals in the United States it would not be able to collect 14 trillion dollars (M3) or even 8.5 trillion dollars (M2) because those amounts are based on fractional reserve banking.

So the bottom line is this….

#1) If all money owned by all American banks, businesses and individuals was gathered up today and sent to the U.S. government, there would not be enough to pay off the U.S. national debt.

#2) The only way to create more money is to go into even more debt which makes the problem even worse.

You see, this is what the whole Federal Reserve System was designed to do.  It was designed to slowly drain the massive wealth of the American people and transfer it to the elite international bankers.

It is a game that is designed so that the U.S. government cannot win.  As soon as they create more money by borrowing it, the U.S. government owes more than what was created because of interest.

If you owe more money than ever was created you can never pay it back.

That means perpetual debt for as long as the system exists.

It is a system designed to force the U.S. government into ever-increasing amounts of debt because there is no escape.

We could solve this problem by shutting down the Federal Reserve and restoring the power to issue U.S. currency to the U.S. Congress (which is what the U.S. Constitution calls for).  But the politicians in Washington D.C. are not about to do that.

So unless you are willing to fundamentally change the current system, you might as well quit complaining about the U.S. national debt because it is now mathematically impossible to pay it off.

***UPDATE***

It has been suggested that the same dollar can be used to pay off debt over and over – this is theoretically true as long as the dollar remains in the system.

For example, if the U.S. government gives China a dollar to pay off a debt, there is a good chance that the U.S. government will be able to acquire that dollar again and use it to pay off another debt.

However, this is not true when debt is retired with the Federal Reserve.  In that case, money is actually removed from the system.  In fact, because of the “money multiplier”, when debt is retired with the Federal Reserve it can remove ten times that amount of money (and actually more, but let’s not get too technical) from the system.

You see, fractional reserve banking works both ways.  When $100 is introduced into the system, it can theoretically create $1000 as the example in the article above demonstrates.  However, when that $100 is removed, it can have the opposite impact.

And considering the fact that the Federal Reserve “purchased” the vast majority of new U.S. government debt last year, we have got a real mess on our hands.

Even if a way could be figured out how to pay off all the debt we owe to foreign nations (such as China, Japan, etc.) it would still be mathematically impossible to pay off the debt that we owe to the Federal Reserve which is exploding so fast that it is hard to even keep track of.

Of course we could repudiate that debt and shut down the Federal Reserve, but very few in Washington D.C. have any interest in doing that.

It has also been suggested that instead of just using dollars to pay off the U.S. national debt, we could use the assets of the U.S. government to pay it off.

That is rather extreme, but let us consider that for a moment.

That total value of all physical assets in the United States, both publicly and privately owned, is somewhere in the neighborhood of 45 to 50 trillion dollars.  Of course the idea of the U.S. government “owning” every single asset of the American people is repugnant to our entire way of life, but let’s assume that for a moment.

According to the 2008 Financial Report of the United States Government, which is an official United States government report, the total liabilities of the United States government, including future social security and medicare payments that the U.S. government is already committed to pay out, now exceed 65 TRILLION dollars.  This amount is more than the entire GDP of the whole world.

In fact, there are other authors who have written that the actual figure for the future liabilities of the U.S. government should be much higher, but let’s be conservative and go with 65 trillion for now.

So, if the U.S. government took control of all physical assets in the United States and sold them off, it could not even make enough money to pay for everything that the U.S. government is already on the hook for.

Ouch.

If you have not read the 2008 Financial Report of the United States Government, you really should.  Actually the 2009 report should be available very soon if it isn’t already.  If anyone knows if it is available, please let us know.

The truth is that the U.S. government is in much bigger financial trouble than we have been led to believe.

For example, according to the report (which remember is an official U.S. government report) the real U.S. budget deficit for 2008 was not 455 billion dollars.  It was actually 5.1 trillion dollars.

So why the difference?

The CBO’s 455 billion figure is based on cash accounting, while the 5.1 trillion figure in the 2008 Financial Report of the United States Government is based on GAAP accounting. GAAP accounting is what is used by all the major firms on Wall Street and it is regarded as a much more accurate reflection of financial reality.

So needless to say, the United States is in a financial mess of unprecedented magnitude.

So what should we do?  Does anyone have any suggestions?

***UPDATE 2***

We have received a lot of great comments on this article.  Trying to understand the U.S. financial system (even after studying it for years) can be very difficult at times.  In fact, it can almost seem like playing 3 dimensional chess.

Several readers have correctly pointed out that when the U.S. money supply is expanded by the Federal Reserve, the interest that is to be paid on that new debt is not created.

So where does the money to pay that interest come from?  Well, eventually the money supply has to be expanded some more.  But that creates even more debt.

That brings us to the next point.

Several readers have insisted that the Federal Reserve is not privately owned and that since it returns “most” of the profits it makes to the U.S. government that we should not be concerned about the debt owed to it.

The truth is that what you have with the Federal Reserve is layers of ownership.  The following was originally posted on the Federal Reserve’s website….

“The twelve regional Federal Reserve Banks, which were established by Congress as the operating arms of the nation’s central banking system, are organized much like private corporations – possibly leading to some confusion about “ownership.” For example, the Reserve Banks issue shares of stock to member banks. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year.”

So Federal Reserve “stock” is owned by member banks.  So who owns the member banks?  Well, when you sift through additional layers of ownership, you will ultimately find that people like the Rothschilds, the Rockefellers and the Queen of England have very large ownership interests in the big banks.  But there are so many layers of ownership that they are able to disguise themselves well.

You see, these people are not stupid.  They did not become the richest people in the world by being morons.  It was the banking elite of the world who designed the Federal Reserve and it is the banking elite of the world who benefit the most from the Federal Reserve today.  In the article above when we described the Federal Reserve as “a private bank owned and operated for profit by a very powerful group of elite international bankers” we may have been oversimplifying things a bit, but it is the essence of what is going on.

In an excellent article that she did on the Federal Reserve, Ellen Brown described a number of the ways that the Federal Reserve makes money for those who own it….

The interest on bonds acquired with its newly-issued Federal Reserve Notes pays the Fed’s operating expenses plus a guaranteed 6% return to its banker shareholders. A mere 6% a year may not be considered a profit in the world of Wall Street high finance, but most businesses that manage to cover all their expenses and give their shareholders a guaranteed 6% return are considered “for profit” corporations.

In addition to this guaranteed 6%, the banks will now be getting interest from the taxpayers on their “reserves.” The basic reserve requirement set by the Federal Reserve is 10%. The website of the Federal Reserve Bank of New York explains that as money is redeposited and relent throughout the banking system, this 10% held in “reserve” can be fanned into ten times that sum in loans; that is, $10,000 in reserves becomes $100,000 in loans. Federal Reserve Statistical Release H.8 puts the total “loans and leases in bank credit” as of September 24, 2008 at $7,049 billion. Ten percent of that is $700 billion. That means we the taxpayers will be paying interest to the banks on at least $700 billion annually – this so that the banks can retain the reserves to accumulate interest on ten times that sum in loans.

The banks earn these returns from the taxpayers for the privilege of having the banks’ interests protected by an all-powerful independent private central bank, even when those interests may be opposed to the taxpayers’ — for example, when the banks use their special status as private money creators to fund speculative derivative schemes that threaten to collapse the U.S. economy. Among other special benefits, banks and other financial institutions (but not other corporations) can borrow at the low Fed funds rate of about 2%. They can then turn around and put this money into 30-year Treasury bonds at 4.5%, earning an immediate 2.5% from the taxpayers, just by virtue of their position as favored banks. A long list of banks (but not other corporations) is also now protected from the short selling that can crash the price of other stocks.

The reality is that there are a lot of ways that the Federal Reserve is a money-making tool.  Yes, they do return “some” of their profits to the U.S. government each year.  But the Federal Reserve is NOT a government agency and it DOES make profits.

So just how much money is made over there?  The truth is that we have to rely on what the Federal Reserve tells us, because they have never been subjected to a comprehensive audit by the U.S. government.

Ever.

Right now there is legislation going through Congress that would change that, and the Federal Reserve is fighting it tooth and nail.  They are warning that such an audit could cause a financial disaster.

What are they so afraid of?

Are they afraid that we might get to peek inside and see what they have been up to all these years?

If you are a history buff, then you probably know that debates about a “central bank” go all the way back to the Founding Fathers.

The European banking elite have always been determined to control our currency, and that is exactly what is happening today.

Ever since the Federal Reserve was created, there have been members of the U.S. Congress that have been trying to warn the American people about the insidious nature of this institution.

Just check out what the Honorable Louis McFadden, Chairman of the House Banking and Currency Committee had to say all the way back in the 1930s….

“Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.”

The Federal Reserve is not the solution and it never has been.

The Federal Reserve is the problem.

Any thoughts?

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books & tape

The time is near when we will have to take a stand or

forever more live as slaves to financial & political tyranny! 

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CRUMMY FEDERAL RESERVE NEEDS TO GO!

FINANCIALS!

I have been saying this for many years and in many places in this blog! If we the people do not rid ourselves of the fed, we will never be financially solvent or free! The Fed was one of the biggest scams ever perpetrated on the American people. It was planned and set up through a conspiratorial meeting on Jekyll Island in 1912 & pushed through Congress, when most members had already left for home on December 23, 1913 – almost 100 years ago! The book that explains the start of the Federal Reserve is “The Creature From Jekyll Island” and it is a book that you should read, to understand the fraud that was pushed down our throats! I normally do not promote items but this is such an important work that I am listing all the information for it. It is available on Amazon & other places on line!

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“Book Description

Publication Date: May 1998
Where does money come from? Where does it go? Who makes it? The money magicians’ secrets are unveiled. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money. A dry and boring subject? Just wait!

You’ll be hooked in five minutes. Reads like a detective story – which it really is. But it’s all true. This book is about the most blatant scam of all history. It’s all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity.

Creature from Jekyll Island is a “must read.” Your world view will definitely change. You’ll never trust a politician again – or a banker.”

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http://www.infowars.com/11-reasons-why-the-federal-reserve-should-be-abolished/

11 Reasons Why The Federal Reserve Should Be Abolished

Michael Snyder

Economic Collapse
May 7, 2013

If the American people truly understood how the Federal Reserve system works and what it has done to us, they would be screaming for it to be abolished immediately. It is a system that was designed by international bankers for the benefit of international bankers, and it is systematically impoverishing the American people. The Federal Reserve system is the primary reason why our currency has declined in value by well over 95 percent and our national debt has gotten more than 5000 times larger over the past 100 years. The Fed creates our “booms” and our “busts”, and they have done an absolutely miserable job of managing our economy. But why do we need a bunch of unelected private bankers to manage our economy and print our money for us in the first place?

Wouldn’t our economy function much more efficiently if we allowed the free market to set interest rates? And according to Article I, Section 8 of the U.S. Constitution, the U.S. Congress is the one that is supposed to have the authority to “coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures”. So why is the Federal Reserve doing it? Sadly, this is the way it works all over the globe today. In fact, all 187 nationsthat belong to the IMF have a central bank. But the truth is that there are much better alternatives. We just need to get people educated.

The following are 11 reasons why the Federal Reserve should be abolished…

#1 The Greatest Period Of Economic Growth In The History Of The United States Happened When There Was No Central Bank

Did you know that the greatest period of economic growth in U.S. history was between the Civil War and 1913? And guess what? That was a period when there was no central bank in the United States at all. The following is from Wikipedia

The Gilded Age saw the greatest period of economic growth in American history. After the short-lived panic of 1873, the economy recovered with the advent of hard money policies and industrialization. From 1869 to 1879, the US economy grew at a rate of 6.8% for real GDP and 4.5% for real GDP per capita, despite the panic of 1873. The economy repeated this period of growth in the 1880s, in which the wealth of the nation grew at an annual rate of 3.8%, while the GDP was also doubled.

So if our greatest period of economic prosperity was during a time when there was no Federal Reserve, then why shouldn’t we try such a system again?

#2 The Federal Reserve Is Systematically Destroying The Value Of The U.S. Dollar

The United States never had a persistent, ongoing problem with inflation until the Federal Reserve was created in 1913.

If you do not believe this, just check out the inflation chart in this article.

The Federal Reserve systematically penalizes those that try to save their money. Inflation is a tax, and the value of each one of our dollars goes down a little bit more every single day.

But over time, it really adds up. In fact, the value of the U.S. dollar has fallen by 83 percent since 1970.

Anyone that goes to the grocery store on a regular basis knows how painful inflation can be. The following is a list that shows how prices for many of the things that we buy on a regular basis absolutely skyrocketed between 2002 and 2012

Eggs: 73%

Coffee: 90%

Peanut Butter: 40%

Milk: 26%

A Loaf Of White Bread: 39%

Spaghetti And Macaroni: 44%

Orange Juice: 46%

Red Delicious Apples: 43%

Beer: 25%

Wine: 60%

Electricity: 42%

Margarine: 143%

Tomatoes: 22%

Turkey: 56%

Ground Beef: 61%

Chocolate Chip Cookies: 39%

Gasoline: 158%

Even the price of water has absolutely soared in recent years. According to USA Today, water bills have actually tripled over the past 12 years in some areas of the country.

So how can the Federal Reserve get away with claiming that we are in a “low inflation” environment?

Well, what Ben Bernanke never tells you is that the way that the government calculates inflation has changed more than 20 times since 1978.

The truth is that the real rate of inflation is somewhere between five and ten percent right now, but you will never hear about this on the mainstream news.

#3 The Federal Reserve Is A Perpetual Debt Machine

The Federal Reserve system was designed to be a trap. The intent of the bankers was to trap the U.S. government in an endless debt spiral from which it could never possibly escape.

But most Americans don’t understand this. In fact, most Americans don’t even understand where money comes from.

If you don’t believe this, just go out on the street and ask regular people where money comes from. The responses will be something like this…

“Duh – I don’t know. I’ve got to get home to watch American Idol.”

This is why it is so important to get people educated. I think that most Americans would be horrified to learn that the creation of more money in our system also involves the creation of more debt.

The following is a summary of money creation that comes from one of my previous articles

When the U.S. government decides that it wants to spend another billion dollars that it does not have, it does not print up a billion dollars.

Rather, the U.S. government creates a bunch of U.S. Treasury bonds (debt) and takes them over to the Federal Reserve.

The Federal Reserve creates a billion dollars out of thin air and exchanges them for the U.S. Treasury bonds.

So what does the Federal Reserve do with those Treasury bonds? I went on to explain what happens…

The U.S. Treasury bonds that the Federal Reserve receives in exchange for the money it has created out of nothing are auctioned off through the Federal Reserve system.

But wait.

There is a problem.

Because the U.S. government must pay interest on the Treasury bonds, the amount of debt that has been created by this transaction is greater than the amount of money that has been created.

So where will the U.S. government get the money to pay that debt?

Well, the theory is that we can get money to circulate through the economy really, really fast and tax it at a high enough rate that the government will be able to collect enough taxes to pay the debt.

But that never actually happens, does it?

And the creators of the Federal Reserve understood this as well. They understood that the U.S. government would not have enough money to both run the government and service the national debt. They knew that the U.S. government would have to keep borrowing even more money in an attempt to keep up with the game.

Men like Thomas Edison and Henry Ford could not understand why we would adopt such a foolish system. For example, Thomas Edison was once quoted in the New York Times as saying the following…

That is to say, under the old way any time we wish to add to the national wealth we are compelled to add to the national debt.

Now, that is what Henry Ford wants to prevent. He thinks it is stupid, and so do I, that for the loan of $30,000,000 of their own money the people of the United States should be compelled to pay $66,000,000 — that is what it amounts to, with interest. People who will not turn a shovelful of dirt nor contribute a pound of material will collect more money from the United States than will the people who supply the material and do the work. That is the terrible thing about interest. In all our great bond issues the interest is always greater than the principal. All of the great public works cost more than twice the actual cost, on that account. Under the present system of doing business we simply add 120 to 150 per cent, to the stated cost.

But here is the point: If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good.

Unfortunately, today most Americans don’t even understand how the system works. They just assume that we have the best system in the entire world.

Sadly, the reality is that the system is working just as the international bankers that designed it had hoped. The United States has the largest national debt in the history of the world, and we are stealing more than 100 million dollars from our children and our grandchildren every single hour of every single day in a desperate attempt to keep the debt spiral going.

#4 The Federal Reserve Is A Centrally-Planned Financial System That Is The Antithesis Of What A Free Market System Should Be

Why do we need someone to centrally-plan our financial system?

Isn’t that the kind of thing they do in communist China?

Why do we need someone to tell us what interest rates are going to be?

Why do we need someone to determine what “the target rate of inflation” should be?

If we actually had a free market system, the free market would be the one “managing” our economy.

But instead, we have become so accustomed to central planning that any alternatives seem to be absolutely unthinkable.

For example, CNBC cannot possibly imagine a world where the Fed (or some similar institution) was not running things…

But suppose the law were taken off the books? The Fed’s job—in simple terms—is to manage the nation’s money supply and achieve the sometimes-conflicting tasks of full employment, stable prices while fighting inflation or deflation.

How would the U.S. economy then function? Something has to take its place, right?

Global markets would also need some sort of economic direction from the U.S. The Fed manages the dollar — and as the world’s leading currency, a void left by a Fed-less America could throw those markets into chaos with uncertainty about who’s managing U.S. interest rates and the American economy.

I’ve got an idea – let’s let the free market “manage” U.S. interest rates and the American economy.

I know, it’s a crazy idea, but I have a sneaking suspicion that it just might work beautifully.

#5 The Federal Reserve Creates Bubbles And Busts

Do you remember the Dotcom bubble?

Or what about the housing bubble?

By dramatically distorting interest rates and financial behavior, the Federal Reserve creates economic bubbles and the corresponding economic busts.

And guess what?

Now it is happening again.

When will the American people decide that they have had enough?

If you can believe it, there have been 10 different economic recessions since 1950. And of course the Federal Reserve even admits that it helped create the Great Depression of the 1930s.

Perhaps it is time to try something different.

#6 The Federal Reserve Is Privately Owned

It has been said that the Federal Reserve is about as “federal” as Federal Express is.

Most Americans still believe that the Federal Reserve is a “federal agency”, but that is simply not true. The following comes from factcheck.org

The stockholders in the 12 regional Federal Reserve Banks are the privately owned banks that fall under the Federal Reserve System. These include all national banks (chartered by the federal government) and those state-chartered banks that wish to join and meet certain requirements. About 38 percent of the nation’s more than 8,000 banks are members of the system, and thus own the Fed banks.

And even the Federal Reserve itself has argued that it is “not an agency” of the federal government in court.

So why is there still so much confusion about this?

We should not be allowing a private entity that is owned and dominated by the banks to make decisions that dramatically affect the daily lives of all the rest of us.

#7 The Federal Reserve Greatly Favors The “Too Big To Fail” Banks

Since the Federal Reserve is owned by the banks, should we be surprised that it serves the interests of the banks?

In particular, the Fed has been extremely good to the “too big to fail” banks.

Over the past several decades, those banks have grown tremendously in both size and power.

Back in 1970, the five largest U.S. banks held 17 percent of all U.S. banking industry assets.

Today, the five largest U.S. banks hold 52 percent of all U.S. banking industry assets.

#8 The Federal Reserve Gives Secret Bailouts To Their Friends

The Federal Reserve is the only institution in America that can print money out of thin air and loan it to their friends any time they want to.

For example, did you know that the Federal Reserve made 16 trillion dollars in secret loans to their friends during the last financial crisis?

The following list is taken directly from page 131 of a GAO audit report, and it shows which banks received secret loans from the Fed…

Citigroup – $2.513 trillion
Morgan Stanley – $2.041 trillion
Merrill Lynch – $1.949 trillion
Bank of America – $1.344 trillion
Barclays PLC – $868 billion
Bear Sterns – $853 billion
Goldman Sachs – $814 billion
Royal Bank of Scotland – $541 billion
JP Morgan Chase – $391 billion
Deutsche Bank – $354 billion
UBS – $287 billion
Credit Suisse – $262 billion
Lehman Brothers – $183 billion
Bank of Scotland – $181 billion
BNP Paribas – $175 billion
Wells Fargo – $159 billion
Dexia – $159 billion
Wachovia – $142 billion
Dresdner Bank – $135 billion
Societe Generale – $124 billion
“All Other Borrowers” – $2.639 trillion

If you will notice, a number of the banks listed above are foreign banks.

Why is the Fed allowed to print money out of thin air and lend it to foreign banks?

#9 The Federal Reserve Is Paying Banks Not To Lend Money

Did you know that the Federal Reserve is actually paying U.S. banks not to lend money?

That doesn’t make sense. Our economy is based on credit, andsmall businesses desperately need loans in order to operate.

But the Fed has decided to pay banks not to risk their money. Section 128 of the Emergency Economic Stabilization Act of 2008 allows the Federal Reserve to pay interest on “excess reserves” that U.S. banks park at the Fed.

So the big banks can just send their cash to the Fed and watch the money come rolling in risk-free.

As the chart below demonstrates, the banks have taken great advantage of this tremendous deal…

Excess-Reserves-Parked-At-The-Federal-Reserve-425x255

#10 The Federal Reserve Has An Astounding Track Record Of Failure

Over the past ten years, the Federal Reserve has been an abysmal failure when it comes to running the economy.

But despite a track record of failure that would make the Chicago Cubs look like a roaring success, Barack Obama actually decided to nominate Ben Bernanke for a second term as the Chairman of the Federal Reserve.

What a mistake.

Just check out some of the things that Bernanke said prior to the last financial crisis. The following is an extended excerpt from an article that I published previously

*****

In 2005, Bernanke said that we shouldn’t worry because housing prices had never declined on a nationwide basis before and he said that he believed that the U.S. would continue to experience close to “full employment”….

“We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s gonna drive the economy too far from its full employment path, though.”

In 2005, Bernanke also said that he believed that derivatives were perfectly safe and posed no danger to financial markets….

“With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly.”

In 2006, Bernanke said that housing prices would probably keep rising….

“Housing markets are cooling a bit. Our expectation is that the decline in activity or the slowing in activity will be moderate, that house prices will probably continue to rise.”

In 2007, Bernanke insisted that there was not a problem with subprime mortgages….

“At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained. In particular, mortgages to prime borrowers and fixed-rate mortgages to all classes of borrowers continue to perform well, with low rates of delinquency.”

In 2008, Bernanke said that a recession was not coming….

“The Federal Reserve is not currently forecasting a recession.”

A few months before Fannie Mae and Freddie Mac collapsed, Bernanke insisted that they were totally secure….

“The GSEs are adequately capitalized. They are in no danger of failing.”

*****

There are many, many more examples that could be listed, but hopefully you get the point.

And now it is happening again. Bernanke is telling the American people that everything is going to be just fine and that no major problems are ahead.

Do you believe him this time?

#11 The Federal Reserve Is Unaccountable To The American People

What is the most important political issue to most Americans?

Survey after survey has shown that the American people care about the economy more than anything else.

So why do we allow an unelected, unaccountable entity that is privately-owned to make our economic decisions for us?

The Federal Reserve has become so powerful that it has been called “the fourth branch of government”. Every four years, presidential candidates argue about who will be best at managing the economy, but the truth is that it is the Fed that manages our economy.

We are told that the “independence” of the Federal Reserve is absolutely critical, but don’t the American people deserve to have a say in the running of the economy?

Our system is broken. It is a system that will continue to create more bubbles and more debt until the entire thing finally collapses for good.

Thomas Jefferson once stated that if he could add just one more amendment to the U.S. Constitution it would be a ban on all government borrowing….

I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing.

But instead of banning government borrowing, we have allowed ourselves to become enslaved to a system where government borrowing actually creates our money.

We do not need to have a central bank. There are much better alternatives. We just need to get people educated.

Please share this article with as many people as you possibly can. These are things that every American should know about the Fed, and we need to educate the American people about the Federal Reserve while there is still time.

This article was posted: Tuesday, May 7, 2013 at 6:10 am

Tags: economics, financial

We The People need to take charge of our country because we have never been this close to loosing it and if it goes down the progressive (Marxist) path – we will never be able to get it back! Now is the time to make a decision of where you stand and what you will do to protect the Constitution. We do not have a lot of time left!

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http://www.naturalnews.com/039744_US_dollar_collapse_Federal_Reserve.html

Homeland Security insider warns

orchestrated collapse of U.S. dollar ‘has begun’

Tuesday, April 02, 2013 by: Jonathan Benson, staff writer

(NaturalNews) The countdown clock is ticking as the insanely evil cabal known as the “global elite” prepares its final moves for a complete world takeover. As relayed by Canada Free Press (CFP), an insider at the U.S. Department of Homeland Security (DHS), which is America’s very own reanimation of the Nazi SS, recently delivered an ominous warning that America’s days are numbered, and that Americans basically need to ready themselves for the worst, which is yet to come.

Not only is a complete collapse of the U.S. dollar on the very near horizon, according to the unnamed source, but a single, uniform currency system is already in the works to take its place. All that needs to happen now is for the final hammer to drop, so to speak, an event to truly shake the people and wake them out of their drunken, entertainment-imbibed stupors. But when this finally happens, it will already be too late for anyone to actually do anything about it.

“The first shots in a global economic takeover were fired in Cyprus,” explains Doug Hagmann from CFP about the situation as it is currently playing out. “It is a plan for a one world Communist economy where the ‘middle class’ will be wiped out through a series of events that will have the same ultimate effect as we are seeing in present day Cyprus.”

And just what, exactly, happened in Cyprus? The mainstream media claims it was a simple emergency “tax deal,” a “levy” designed to pull the country out of crisis. But in reality, the people of Cyprus, and those with money in Cyprus banks, were literally robbed of untold billions of dollars by the central bankers, who overnight imposed an unannounced freeze on a large portion of depositors’ money. According to more recent reports, up to 40 percent of depositors’ cash could be apprehended as part of the deal.

Federal Reserve recently stole more than 25 percent of Americans’ savings and investments with ‘quantitative easing’ scam

But what is happening in Cyprus is also happening in the U.S. Very few Americans, it turns out, are aware of the fact that the Federal Reserve’s quantitative easing scheme, which intentionally injects more paper money into the general money supply, causes inflation. And inflation leads to devaluation of money, which in essence is just another form of stealing from the people to bail out the central bankers.

Though these cash injections might lead to immediate economic jump starts, they never last, and the long-term consequence of their repeated use is hyperinflation and destruction of the currency. And the unfortunate truth of the matter is that all levels of government have been infiltrated with globalists serving the interests of the central bankers at the expense of the people.

“The plan for a global currency or a one world economic order is a matter that transcends political parties,” writes Hagmann. “Those who continue to argue in the Republican-Democrat meme are doing nothing more than providing entertainment to distract people from the real issue, that of the global elite versus the rest of us.”

“The top of the pyramid in this Ponzi scheme is filled with members of both U.S. political parties who are systematically pillaging us and our future generations into financial debt, bondage and slavery. It is a plan that has been in the works for centuries. The problem, however, is that we have been conditioned not to think that big. Yet, the lie is that big.”

Sources for this article include:

http://canadafreepress.com/index.php/article/53842

http://canadafreepress.com/index.php/article/53832

http://canadafreepress.com

Learn more: http://www.naturalnews.com/039744_US_dollar_collapse_Federal_Reserve.html#ixzz2PnPGBN3W

Our financial problems are multi layered – the current administration is working overtime to make sure their implementation of the “Cloward-Piven” doctrine continues to be on track! An explanation is below – this is important to understand because this is how we are going to become a socialist nation!

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Cloward–Piven strategy

From Wikipedia, the free encyclopedia

The Cloward–Piven strategy is a political strategy outlined in 1966 by American sociologists and political activists Richard Cloward (1926–2001) and Frances Fox Piven (b. 1932) that called for overloading the U.S. public welfare system in order to precipitate a crisis that would lead to a replacement of the welfare system with a national system of “a guaranteed annual income and thus an end to poverty”. Cloward and Piven were a married couple who were both professors at the Columbia University School of Social Work. The strategy was formulated in a May 1966 article in liberal[1] magazine The Nation titled “The Weight of the Poor: A Strategy to End Poverty”.[2]

The two were critical of the public welfare system, and their strategy called for overloading that system to force a different set of policies to address poverty. They stated that many Americans who were eligible for welfare were not receiving benefits, and that a welfare enrollment drive would strain local budgets, precipitating a crisis at the state and local levels that would be a wake-up call for the federal government, particularly the Democratic Party, thus forcing it to implement a national solution to poverty. Cloward and Piven wrote that “the ultimate objective of this strategy [would be] to wipe out poverty by establishing a guaranteed annual income…”[2] There would also be side consequences of this strategy, according to Cloward and Piven. These would include: easing the plight of the poor in the short-term (through their participation in the welfare system); shoring up support for the national Democratic Party then-splintered by pluralistic interests (through its cultivation of poor and minority constituencies by implementing a national “solution” to poverty); and relieving local governments of the financially and politically onerous burdens of public welfare (through a national “solution” to poverty)[citation needed].

Contents  [show]

[edit]

The strategy

Cloward and Piven’s article is focused on forcing the Democratic Party, which in 1966 controlled the presidency and both houses of the United States Congress, to take federal action to help the poor. They stated that full enrollment of those eligible for welfare “would produce bureaucratic disruption in welfare agencies and fiscal disruption in local and state governments” that would “deepen existing divisions among elements in the big-city Democratic coalition: the remaining white middle class, the working-class ethnic groups and the growing minority poor. To avoid a further weakening of that historic coalition, a national Democratic administration would be constrained to advance a federal solution to poverty that would override local welfare failures, local class and racial conflicts and local revenue dilemmas.”[3] They wrote:

The ultimate objective of this strategy—to wipe out poverty by establishing a guaranteed annual income—will be questioned by some. Because the ideal of individual social and economic mobility has deep roots, even activists seem reluctant to call for national programs to eliminate poverty by the outright redistribution of income.[3]

Michael Reisch and Janice Andrews wrote that Cloward and Piven “proposed to create a crisis in the current welfare system – by exploiting the gap between welfare law and practice – that would ultimately bring about its collapse and replace it with a system of guaranteed annual income. They hoped to accomplish this end by informing the poor of their rights to welfare assistance, encouraging them to apply for benefits and, in effect, overloading an already overburdened bureaucracy.”[4]

[edit]

Focus on Democrats

The authors pinned their hopes on creating disruption within the Democratic Party. “Conservative Republicans are always ready to declaim the evils of public welfare, and they would probably be the first to raise a hue and cry. But deeper and politically more telling conflicts would take place within the Democratic coalition,” they wrote. “Whites – both working class ethnic groups and many in the middle class – would be aroused against the ghetto poor, while liberal groups, which until recently have been comforted by the notion that the poor are few… would probably support the movement. Group conflict, spelling political crisis for the local party apparatus, would thus become acute as welfare rolls mounted and the strains on local budgets became more severe.”[5]

[edit]

Reception and criticism

Howard Phillips, chairman of The Conservative Caucus, was quoted in 1982 as saying that the strategy could be effective because “Great Society programs had created a vast army of full-time liberal activists whose salaries are paid from the taxes of conservative working people.”[6]

Liberal commentator Michael Tomasky, writing about the strategy in the 1990s and again in 2011, called it “wrongheaded and self-defeating”, writing: “It apparently didn’t occur to [Cloward and Piven] that the system would just regard rabble-rousing black people as a phenomenon to be ignored or quashed.”[7]

[edit]

Impact of the strategy

Cloward and Piven themselves, in papers published in 1971 and 1977, argued that mass unrest in the United States, especially between 1964 and 1969, did lead to a massive expansion of welfare rolls, though not to the guaranteed-income program that they had hoped for.[8] Political scientist Robert Albritton disagreed, writing in 1979 that the data did not support this thesis; he offered an alternative explanation for the rise in welfare caseloads.

In his 2006 book Winning the Race, political commentator John McWhorter attributed the rise in the welfare state after the 1960s to the Cloward–Piven strategy, but wrote about it negatively, stating that the strategy “created generations of black people for whom working for a living is an abstraction.”[9]

According to historian Robert E. Weir in 2007, “Although the strategy helped to boost recipient numbers between 1966 and 1975, the revolution its proponents envisioned never transpired.”[10]

Some commentators have blamed the Cloward–Piven strategy for the near-bankruptcy of New York City in 1975.[11][12]

Conservative commentator Glenn Beck referred to the Cloward-Piven Strategy often on his Fox News television show, Glenn Beck, during its run from 2009 to 2011, reiterating his opinion that it had helped to inspire President Barack Obama‘s economic policy. On February 18, 2010, for example, Beck said, “you’ve got total destruction of wealth coming… It’s the final phase of the Cloward-Piven strategy, which is collapse the system.”[13]

Richard Kim, writing in 2010 in The Nation (in which the original essay appeared), called such assertions “a reactionary paranoid fantasy…” but says that “the left’s gut reaction upon hearing of it–to laugh it off as a Scooby-Doo comic mystery–does nothing to blunt its appeal or limit its impact.”[14] The Nation later stated that Beck blames the “Cloward-Piven Strategy” for “the financial crisis of 2008, healthcare reform, Obama’s election and massive voter fraud” and has resulted in the posting of much violent and threatening rhetoric by users on Beck’s website, including death threats against Frances Fox Piven.[15] For her part, Piven vigorously continues to defend the original idea, calling its conservative interpretation “lunatic”.[16]

And the value of our dollar keeps on spiraling down!

I wish the image below was better quality, but hopefully it will give you enough information to research for yourself!

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And that is how we have been brought to the brink of disaster!

Can the fiscal cliff be averted? I don’t know!

CRUMMY USA DOLLAR KILLERS ARE READY TO MOVE!

THE NIGHTMARE IS HERE!

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The plans are almost complete for the destruction of the American monetary system!

THIS IS CRITICAL INFORMATION!!!

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IF YOU WANT TO SURVIVE WHAT IS COMING YOU HAVE TO PREPARE – NOW!

http://canadafreepress.com/index.php/article/54163

 Intelligence insider: Obama administration agenda to “kill U.S Dollar”

Is there any defensible scenario for this administration to want to “kill the dollar?”

Intelligence insider: Obama administration agenda to “kill U.S Dollar”

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Doug Hagmann (Bio and Archives)  Monday, April 1, 2013

This week, I had a series of very sobering discussions with my highly-placed source within the intelligence world. The information he provided hit me like a proverbial tons of bricks. It connects everything we are seeing play out across the world, from the economic problems in Europe to the U.S. DHS ammunition acquisition orders and even the “gun control” debate. If you’re like me, you’re looking for clarity, context and focus with regard to all of the events we’re constantly hearing about but seem to lack legitimate explanation. I believe this report will provide the context and clarity we are all seeking, but I must warn you that the picture is not pretty.
Some might be surprised to learn that the fate of America’s economy has already been determined, verified and announced by the Obama White House. Yet, it has received scant attention from the corporate media. In 2011, economist Kyle Bass interviewed a senior member of the Obama administration about its planned solutions for fixing the US economy and trade deficit[ia].The economic agenda: In plain sight

Among the questions he asked was about U.S. exports and wages, but the question itself was not nearly as important as the response he received from this senior administration official. In fact, this single, seven word response clarifies everything, explains everything, and leaves little else to discuss: “We’re just going to kill the dollar.”

There it is, the entire agenda in one short sentence. It explains everything we’ve been seeing domestically and globally. That one statement makes every other question irrelevant, or otherwise answers all economic questions and explains everything. Nothing else matters. I urge you to ponder that statement and all that it implies. Doing so will provide you with the clarity to understand not only what is taking place today, but what is yet to come.

Murder & High Treason

It is important to note the specificity of the word “kill.” Stated in the active voice, it means an unambiguously intentional and deliberate act. The murder of our national currency, the United States Dollar (USD), is the ultimate agenda to be implemented under Obama. To “kill” our national currency will subvert the United States and destroy it from within. This begs a number of questions, including what type of Americans would actually have, as their objective, the destruction of our national currency? To whom do they hold their allegiance, if not to the American people whose life’s work as well as the toil of our ancestors is represented in the form of wealth held in U.S. dollars? Does this make any sense to us, as Americans? The answer of course is “no.”

By its very definition, to kill our national currency is an act of high treason by those engaged in this activity. It undermines the very sovereignty and survival of our nation, and will have a life-changing impact on every citizen in the U.S. It will also impact every nation and the people of every nation on the planet, as the USD is presently the world’s reserve currency. It is an act that should result in the filing of criminal charges against the conspirators, a trial of their peers and if convicted, a death sentence. It’s that serious.

According to my source, we are past the point of no return. We will not be able to stop what is coming, but must be wise enough to prepare and “get out of the way.” The murder plot involving the death of the dollar did not begin with Obama, but he and other conspirators have accelerated the plans, plots and schemes for its demise.

The ultimate objective

The ultimate objective is to implement an international currency in tandem with a system of global governance. The problem is that most people are not thinking large enough, nor do they understand the magnitude of the lie. They are not seeing the larger picture as their focus is diverted elsewhere. For example, they focus on various tentacles of the octopus such as the gun confiscation initiative, the DHS armament acquisitions and economic woes as independent and unrelated events. They are not.

Meanwhile, others continue to adhere to, or even perpetuate the dual party meme of governance, holding dearly to the notion that there is a practical difference between the Republican and Democrat parties. Have we not seen sufficient evidence that they are now of one party acting in concert with each other? They cannot see the collusion and backroom deals, and continue to hope that the next election will finally change the unchangeable continuity of agenda.

Most of the elected officials are onboard with the subjugation of the United States to a global system of governance. Some are actively facilitating this agenda, while others are making nominal objections on the stage of political theater while hoping to earn a seat at the global table. It’s entertainment for the globalists, distraction of the masses, and diversionary fodder for the talking heads in the media.

America has become a captured operation – captured from within. Think of the Vichy French, internal collaboration with the enemy, or softening the ground for a full takeover from within. The takeover of America has already happened, the collaborators have already been installed, and we are now on a path to complete subjugation of a larger global system of governance. If you continue to doubt this, how else would you explain the numerous examples of our dual-party governmental acquiescence of self destruction?

“Signs, signs, everywhere signs…”

Those who are pleased about the new record setting stock-market highs and various other manipulated statistics that indicate our economy is improving will be the most vocal critics of this report and who will attempt to discredit the validity of the information offered here. The more intellectually astute will look beyond the statistics offered for mass consumption not only to identify the deliberately manipulated data, but to understand what is actually driving these false hopes, figures and data. It is a magic show, and many are still captivated by the magicians’ many diversions, failing to realize that we are engaged in a global war while being simultaneously hobbled by enemy infiltrators from within.

One reason we are seeing new stock market highs is the rush to the dollar from other currencies, especially in the Eurozone. Another reason is the monetization of our debt by the Federal Reserve, despite the previous denials of Ben Bernanke and others.

Simply put, the plan by the globalists, or the central bankers and those behind them, is to create this rush to the USD like passengers from sinking ships to lifeboats. Once the lifeboats are filled to capacity, they will be sunk, and the United States Dollar will be completely worthless. As in such a scenario, many will not make it. Many will die from what is coming. The level of evil behind this plan is incomprehensible to the normal human mind.

Russia, China, Syria and Iran

As I detailed in my multiple reports about Benghazi, we are at war with Russia. After removing Qaddafi from power in Libya, the Obama-Clinton black-ops plan was immediately put into action. Benghazi was the logistics hub for arming the anti-Assad terrorists by our own State Department covert operatives who were shipping millions of tons of weapons to Syria via Turkey and other staging areas. Russia was aware of our actions, and through the attack at the CIA operations center in Benghazi by proxy forces, exposed this operation to the world while putting a stop to this operation. It seems that everyone except the Western media reported what had taken place.

The “dirty little secret” that explains why we have not been told the truth about Benghazi is quite simple. The efforts to overthrow Assad from power are continuing, except the arms and munitions shipments are now originating primarily from Croatia. Overthrowing Assad would pose a direct threat to Russia, both militarily and economically. Are we to expect Russia’s Putin to simply accept this without response? No. So what is Russia doing to subvert our efforts? He is waging war against America, striking at the weak underbelly of our economy which is the “oil backed” dollar as identified in Michael Reagan’s article, Building on a Kernel of Truth.

Sadly, the Obama regime is doing nothing to protect us from this asymmetrical war. It’s as if they are allowing it to take place.

Although it was reported in The New York Times, few have paid attention to last week’s meeting between Chinese President Xi Jinping and Russian President Vladimir Putin in Moscow, but it was an extremely important event in terms of the planned murder of the U.S. dollar. An alliance is being forged between Russia and China to replace the USD as the reserve currency, already severely weakened by the policies of those in power, with a gold backed currency. Russia and China are hoarding gold to levels never before seen, while the U.S. issues worthless paper and digital currency backed by… nothing, save for the “oil-backed” scenario.

While reports do exist that cite the hoarding of gold by China and Russia, they are purposely under reporting their collective reserves. Meanwhile, Americans can’t even get honest answers to the amounts of our own gold reserves held in Fort Knox or the Federal Reserve. Don’t people find this reluctance for audit and inspection a bit curious if not outright suspicious?

The battle is being waged not only by military might but by a currency war. We are “being played” through our military involvement in the Middle East, including our covert operations against Syria at the behest of Saudi Arabia. Unlike Iraq, the war in Syria will explode, turn hot, and we will be engaged in an ominous battle that will quickly expand and turn deadly. Weakened militarily through the policies of the Obama regime, coupled with an already weakened economy, the U.S. will suffer consequences unlike anyone might imagine or is willing to address. It is a recipe for disaster planned and initiated by the global elite behind the central banking system, including those in our own government. We have been set up from within, lied to, and now, we are about to see exactly what this globalist system has in store for not only the United States, but every nation of the world.

It is critical to understand that the take-down of the U.S. will be the result of an asymmetrical war that includes the weakening of our military, our economy, and a direct assault on our ability to keep the dollar as the world reserve currency and protect the free flow of oil and energy to the United States.

Within the last week, China held a surprise naval exercise in the South China Sea. Meanwhile, Russia displayed their resurgent military night in the Black Sea. These exercises were conducted as U.S. military forces are spread thinly across many areas in the world. Is anyone paying attention here?

Just as certain a collapse of the dollar is coming, so will be chaos on the streets of America caused by this plan “to kill the dollar.” The central bankers and the leaders selected to govern each country have effectively used the Hegelian Dialectic[ii] to implement their agenda. Just as stated by George H.W. Bush on September 11, 1990, their predetermined solution of a “New World Order” is being formed before our very eyes. They’ve told us what they are doing, but we have chosen not to listen or failed to understand what was being said.

The U.S. has always been the firewall against the globalists. By their persistence, infiltration of global elitists into our government, and covert subversion from within, we are being led to slaughter. A view from space, looking at the larger picture of events for which many have questions, a clearer picture emerges. There will be some who dare to resist the pillaging of our bank accounts, the erosion of our rights, and the enslavement that comes with the dismantling of America.

The dust clouds visible on the far horizon that watchmen have been reporting for decades can now be seen as an attacking army of barbarians, whose fighters are now on the ladders and cannons are breaching our empire’s outer walls. Who knows how long the inner walls of our empire will survive the next wave of their coming attack.

Perhaps Ernest Hemmingway said it best in referencing John Donne from his novel of the same name… “And therefore never send to know for whom the bell tolls; It tolls for thee.”
[ia] http://www.youtube.com/watch?v=5V3kpKzd-Yw&feature=youtu.be

[ii] http://www.crossroad.to/articles2/05/dialectic.htm

(37) Comments

Copyright © Douglas Hagmann
Douglas J. Hagmann and his son, Joe Hagmann host
The Hagmann & Hagmann Report, a live Internet radio program broadcast each weeknight from 8:00-10:00 p.m. ET.

Douglas Hagmann, founder & director of the Northeast Intelligence Network, and a multi-state licensed private investigative agency. Doug began using his investigative skills and training to fight terrorism and increase public awareness through his website.

Doug can be reached at: director@homelandsecurityus.com

Older articles by Doug Hagmann

If this information did not scare you into preparedness – 

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You need to read it all again!

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We have been at the mercy of Congress for many years –

the two party system is a sham for our benefit –

to keep the illusion alive that things are normal –

nothing to worry about!

Just remember this –

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Now go and get prepared to survive!

CRUMMY GLOBAL CURRENCY WARS ARE HEATING UP!

UPDATE – April 13, 2013

tps://www.thetrumpet.com/article/10520.19.0.0/economy/australia-to-abandon-the-us-dollar

the TRUMPET.com

    columnist_article_robert-morley

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Chinese Premier Li Keqiang (left) accompanies Australian Prime Minister Julia Gillard to view an honor guard during a welcoming ceremony outside the Great Hall of the People on April 9 in Beijing, China. Prime Minister Gillard announced during the visit that Australia would start using the Chinese yuan for trade with China. (Feng Li/Getty Images)

Australia to Abandon the U.S. Dollar

April 11, 2013  •  From theTrumpet.com Australia chooses a side in the global currency war. More by this author

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Australia’s announcement that it is abandoning the U.S. dollar for trade with China is the latest broadside in the global currency war. Starting April 10, Australia and China will no longer use the U.S. dollar for trade between the two nations. For the first time, Australian businesses will be able to conduct trade in Chinese yuan. No more need for U.S. dollar intermediation. This is a significant announcement and key development for China as it continues its campaign to internationalize the yuan and chip away at the dollar’s role as the world’s reserve currency. Australian Prime Minister Julia Gillard made the announcement during an official visit to Shanghai on Monday. She noted that China is now Australia’s biggest trading partner and that the direct currency trading would be a “huge advantage for Australia.” She called the currency accord a “strategic step forward for Australia as we add to our economic engagement with China.” According to HSBC bank, more than 40 percent of small and medium-size Australian businesses that trade with China plan to offer quotes for goods and services in yuan. No longer will Chinese customers need U.S. dollars before purchasing Australian goods. For China, this is a big accomplishment as it works toward its goal of having about a third of its foreign trade settled in yuan by 2015. But for the U.S. dollar, it is more like the treatment the U.S. Eighth Army got at Chosin Reservoir in Korea. This Australia-China currency pact isn’t the only whipping the dollar has taken lately either. On March 26, China and Brazil agreed to cut out the U.S. dollar for approximately half of their trade. Some $30 billion worth of commerce per year will now be conducted in yuan and reals. Brazilian Economy Minister Guido Mantega said the trade and currency agreement would act as a buffer against any unexpected dollar turbulence in the international financial markets. Less than a week later, China announced its participation in the joint BRICS bank initiative. Brazil, Russia, India, China and South Africa announced the creation of a new development bank that some analysts say has the potential to rival the U.S.-dominated World Bank and European-influenced International Monetary Fund. “Most people assume that the current economic crisis has led to a great strengthening of the power of the World Bank and the IMF, and that this power is largely uncontested,” notes Prof. Geoffrey Wood, who teaches at Warwick Business School. “The proposed BRICS development bank represents an important new development that potentially further circumscribes the influence of these bodies.” America’s other major ally in the Pacific announced last year that it would be curtailing its use of the dollar too. In June, Japan and China began cutting out the dollar in bilateral trade. The initiative was announced as part of a broad agreement to reinforce financial ties between the world’s third- and fourth-largest economies. Similar dollar exclusion deals have been announced by Russia and China, Russia and Iran, India and Iran, and India and Japan. “[T]he free lunch the U.S. has enjoyed ever since the advent of the U.S. dollar as world reserve currency may be coming to an end,” writes popular financial blog ZeroHedge. “And since there is no such thing as a free lunch, all the deferred pain the U.S. Treasury Department has been able to offset thanks to its global currency monopoly status will come crashing down the second the world starts getting doubts about the true nature of just who the real reserve currency will be in the future. As more nations challenge the dollar’s position as reserve currency it will greatly impact living standards in America. Interest rates will skyrocket. The government will be forced to resort to full-scale money printing to finance its debt. Credit and loans will become unaffordable, collapsing much of America’s consumer economy. Monetary inflation will shoot through the roof destroying the value of people’s savings. And higher levels of unemployment will become a way of life. By jumping ship and swimming to China, Australia may think it will mitigate the worst of the looming dollar war. But eking out strategic partnerships with China comes with a whole set of other risks that are just as deadly.

2 views both the same

To put it in polite language – “WE ARE IN DEEP DOO DOO!

The fiscal tsunami is rolling and no one is paying any attention! Attention has been diverted away by the shenanigans of our elected officials! They can not be called our representatives, because they only represent themselves and their own pocketbooks! Therefore it is up to us to protect ourselves!

 

NOT LONG AGO THE AMERICAN DOLLAR

WAS THE CURRENCY OF CHOISE

FOR THE WHOLE WORLD!

THINGS CONTINUE TO EVOLVE

AWAY FROM THE USA DOLLAR AS THE WORLD STANDARD!

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This will have a huge impact on your checkbook! The American dollar looses value each month the feds continue to print $40 Billion dollars – based on nothing other than desire to continue to SPEND! SPEND SPEND! No country or empire, has been able to avoid the consequences of irresponsible spending for long. The time comes and it is fast approaching, where one has to pay the piper (pay the bills in the vernacular)! The other financial tsunami heading our way is the derivatives market – which all the big banks are invested in – it is another ponzi scheme – based on nothing! When that crashes, there isn’t enough money in all the world’s savings account to cover the staggering amount of paper wealth that will vanish!

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And so, we too shall fall …

http://www.zerohedge.com/news/2013-03-31/thanks-world-reserve-currency-no-thanks-australia-and-china-enable-direct-currency-c#.UVn2ezjLkf0.facebook

Thanks, World Reserve Currency, But No Thanks: Australia And China To Enable Direct Currency Convertibility

picture-5 Submitted by Tyler Durden on 03/31/2013 12:46 -0400

A month ago we pointed out that as a result of Australia’s unprecedented reliance on China as a target export market, accounting for nearly 30% of all Australian exports (with the flipside being just as true, as Australia now is the fifth-biggest source of Chinese imports), the two countries may as well be joined at the hip. Australia China exports_0 Over the weekend, Australia appears to have come to the same conclusion, with the Australian reporting that the land down under is set to say goodbye to the world’s “reserve currency” in its trade dealings with the world’s biggest marginal economic power, China, and will enable the direct convertibility of the Australian dollar into Chinese yuan, without US Dollar intermediation, in the process “slashing costs for thousands of business” and also confirming speculation that China is fully intent on, little by little, chipping away at the dollar’s reserve currency status until one day it no longer is. That said, this latest development in global currency relations should come as no surprise to those who have followed our series on China’s slow but certain  internationalization of its currency over the past two years. To wit: “World’s Second (China) And Third Largest (Japan) Economies To Bypass Dollar, Engage In Direct Currency Trade“, “China, Russia Drop Dollar In Bilateral Trade“, “China And Iran To Bypass Dollar, Plan Oil Barter System“, “India and Japan sign new $15bn currency swap agreement“, “Iran, Russia Replace Dollar With Rial, Ruble in Trade, Fars Says“, “India Joins Asian Dollar Exclusion Zone, Will Transact With Iran In Rupees“, and “The USD Trap Is Closing: Dollar Exclusion Zone Crosses The Pacific As Brazil Signs China Currency Swap.” And while previously the focus was on Chinese currency swap arrangements, the uniqueness of this weekend’s news is that it promotes outright convertibility of the Yuan: something China has long said would happen but many were skeptical it ever would. That is no longer the case, and with Australia setting the precedent, expect many more Asian countries (at first) to follow in Australia’s footsteps, because while the developed world is far more engaged in diluting its currency as a means to spur “growth”, Asian and developing world nations are still engage in real, actual trade, where China is rapidly and aggressively becoming the world’s hub. More from The Australian: Former ambassador to China Geoff Raby, now a Beijing-based business figure, told The Weekend Australian: “The value of such a deal would be substantial for exporters to China, especially those that import a lot from China like mining companies, as it would remove business constraints including exchange-rate risks and transaction costs.” Businesses, like individuals when travelling, have to pay extra to convert currency since there are different rates for buying and selling. So removing one step also cuts out the cost of paying for such a “spread”. Australia has undertaken significant lobbying for the deal and the direct conversion of the yuan, also referred to as the renminbi (RMB), is identified as a priority in the government’s Asian century white paper. “We have held preliminary discussions with the Chinese government to explore how soon direct convertibility can be practicably achieved,” the white paper says. “We are continuing these discussions, and also exploring other opportunities to work with China to support the internationalisation of the RMB.” Australia’s banks increasingly arrange trade finance through Hong Kong, which has developed a special role as China’s chief international finance centre. Needless to say, China is eagerly looking forward to taking yet another bite out of the USD’s reserve status. New President Xi Jinping, a former Communist Party secretary of Shanghai, is a champion of that city’s development as China’s finance hub, and it is believed that the Prime Minister may fly there to sign the currency conversion deal. Ms Gillard is expected to go on from Shanghai to Beijing, where she will open the third Australia China Economic and Trade Forum organised primarily by the Australia China Business Council, which will be bringing about 100 people from Australia for the event. Participants are likely to include Andrew Harding, Rio Tinto’s new chief executive for iron ore; Warwick Smith, ANZ Bank’s chairman for NSW and the ACT; Australian Trade Minister Craig Emerson and Financial Services Minister Bill Shorten; Gao Hucheng, China’s Commerce Minister; and Gao Xiqing, the acting head of China Investment Corporation, the country’s vast sovereign wealth fund. The ANZ Bank has been a strong advocate of direct convertibility between the dollar and the yuan. Gilles Plante, the bank’s chief executive in Asia, said in a recent report that in the last financial year, China accounted for 29 per cent of all exports and 18 per cent of imports, but the value of that trade denominated in yuan was less than 0.3 per cent. He forecast that cross-border flows of funds would be liberalised “to support Shanghai’s plan to build itself as a global financial centre. At the time the whole world is digging out opportunities from the rise of the yuan, Australia should not lag behind.” It was significant the liberalising governor of the People’s Bank, Zhou Xiaochuan, kept his job during the reshuffle of China’s leadership. He said last year at a conference: “The next movement related to the yuan is going to be reform of convertibility. We are moving in this direction; we need to go further, we will have some deregulation.” Most importantly, to China, Australia will serve as the Guniea Pig – should this experiment in FX liberalization work out to China’s satisfaction, expect Beijing to engage many more trade partners in direct currency conversion. Beijing appears to have chosen Canberra as its partner in this next movement for straightforward economic reasons, as Australia has become China’s fifth-biggest source of imports and thus, the appropriate partner for the march of its currency. Ms Gillard and President Xi Jinping may also during the visit establish a “strategic partnership” between the countries. This will enable Australia to catch up in status with a large range of nations. Why is this so very critical? For the simple reason that the free lunch the US has enjoyed ever since the advent of the US dollar as world reserve currency, may be coming to an end as other, more aggressive alternatives – both fiat, and hard-asset based – to the USD appear. And since there is no such thing as a free lunch, all the deferred pain the US Treasury Department has been able to offset thanks to its global currency monopoly status will come crashing down the second the world starts getting doubts about the true nature of just who the real reserve currency will be in the future. Reserve Currency Statuses It has been written about in a few financial magazines and the finance sections of a one or two newspapers – but unfortunately, this is another event that people are not paying attention to and for that we will all pay dearly!

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I have said it before and I will keep saying it until people start to listen – we have to:

– Get rid of the Fed

(a private international bankers consortium)

– Get rid of the UN

(the enforcement arm of the elite, who want to rule the whole world)

If we ever want to be FREE!

It those two things are not done, then it becomes only a matter of time!

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CRUMMY FINANCIAL PAIN MAY BECOME PERMANENT!

AND THE PLUNDER CONTINUES –

HURTING MOST THE PEOPLE WHO CANNOT AFFORD TO BE HURT!

http://www.infowars.com/mega-rich-withdrew-money-from-cyprus-before-looting/#.UVn2AGNIGvo.facebook

Mega-Rich Withdrew Money From Cyprus Before Looting!

The real targets of the “haircut” are businesses, entrepreneurs and the middle class

Paul Joseph Watson
Infowars.com
April 1, 2013

News that the Cypriot President’s family moved 21 million euros to London days before the bank accounts of his people were looted as part of the bailout deal serves as another reminder that while the media portrays the victims of the Cyprus “haircut” as the mega rich and wealthy Russian oligarchs, the real victims are middle class families and small business owners.

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Image: YouTube

“A company owned by in-laws of Cypriot President Nicos Anastasiades withdrew dozens of millions from Laiki Bank on March 12 and 13, according to an article published in Cypriot newspaper Haravgi,” reports EnetEnglish.

“The newspaper, which is affiliated to the communist-rooted AKEL party, reports that three days before the Eurogroup meeting the company took five promissory notes worth €21m from Laiki Bank and transferred the money to London.”

In addition, as Reuters reports, “While ordinary Cypriots queued at ATM machines to withdraw a few hundred euros as credit card transactions stopped, other depositors used an array of techniques to access their money.”

Branches and subsidiaries of Cypriot banks in London and Russia remained open while banks in Cyprus were closed, allowing Russian oligarchs and other wealthy depositors to move their money.

When asked about the amount of money that had exited Cyprus before the bailout deal, German Finance Minister Wolfgang Schaeuble refused to provide figures.

“Perhaps because if he did, it would become clear that the only entities truly punished by this weekend’s actions are not evil Russian billionaires, but small and medium domestic companies, and other moderately wealthy individuals, hardly any of them from the former “Evil Empire,” remarks Zero Hedge.

As Business Insider reports, the fact that the mega-rich – the supposed targets of Cyprus “haircut” – have already removed most of their money from the system means that, “upper middle class/entrepreneur types will feel most of the pain if the Cyprus tax is enacted.”

In other words, the very engine of the Cypriot economy, the businesses and the employers, will be the victims of the EU/IMF plundering. Middle class families are also amongst the worst affected. The Telegraph recently reported on a family who sold their villa in Cyprus for 200,000 euros right before the “haircut” was announced only to see the desperately needed cash disappear.

As we highlighted last week, a screenshot from an online bank account belonging to a medium-sized IT business in Cyprus shows over 720,000 euros in “blocked funds.” According to the owner, 80 per cent of that will be swiped and what’s left will take 6 to 7 years to get back.

After an initial attempt to plunder around 10 per cent of savings was rejected after a huge public outcry, Bank of Cyprus depositors now face losing up to 60% of their money, with Cyprus’s financial minister Michalis Sarris warning the “haircut” could even be as much as 80%.

However, since the theft has been characterized by the media as merely targeting rich Russian oligarchs and other wealthy investors, the uproar has diminished.

In reality, the mega-rich managed to get their money out either before the crisis even started or during the so-called “bank holiday” period while middle class depositors were left stranded.

Given that the looting of bank accounts has now been established as the template for future “bank recapitalizations” across Europe as well as Canada, the middle class has now been permanently put in the crosshairs and will be expected to pay for bankers’ gambling losses with their savings on a regular basis.

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Paul Joseph Watson is the editor and writer for Infowars.com and Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a host for Infowars Nightly News.

This article was posted: Monday, April 1, 2013 at 6:14 am

AND THE MONEY WOES CONTINUE TO PILEUP!

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 What is happening in countries around the world is important here, because the banksters have the same plans already in place, to be used here (see previous article “Crummy Banksters’ Plan In Place For America!”)! The main stream media , like good little lap dogs, are reporting very few of the events and certainly not explaining what it all means for the average American! You need to do your own research and prepare for the meltdown, as best as you can!

Next is another extension of the Cyprus crises – the affects in Russia! Russia was heavily invested in Cyprus – it was for them, like the offshore banks are for American companies and well heeled investors! We will see if they maintain their cool and calm demeanor through the 60% theft of savings above 100,000 EU!

http://www.bbc.co.uk/news/world-europe-21992745#.UVn1zf_eFAw.facebook

1 April 2013 Last updated at 06:37 ET

 

Cyprus crisis: Moscow will not bail out Russian savers

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For years Cypriot banks have attracted Russian investors with competitive rates

Continue reading the main story

Eurozone crisis

The Russian government says it will not compensate Russian savers who have lost money in the Cyprus banking crisis.

Russians are believed to have billions of euros in Cypriot accounts and deposits above 100,000 euros (£84,300; $128,200) in the two biggest banks could be reduced by as much as 60%.

Such losses would be “a great shame”, First Deputy PM Igor Shuvalov said, “but the Russian government won’t take any action in that situation”.

Cyprus now restricts cash withdrawals.

A 10bn-euro bailout from the EU and IMF – required to keep the debt-laden Cypriot economy afloat – will only be granted if Cyprus itself raises 5.8bn euros, most of which looks likely to come from depositors with more than 100,000 euros in Bank of Cyprus and Laiki (Popular Bank).

‘Haircut’ for depositors

Laiki, the second largest bank, is being wound up and folded into Bank of Cyprus, the biggest bank.

Speaking on the Russian state TV channel Rossiya 1, Mr Shuvalov said Russian money in Cyprus included some that had been taxed and some that had not.

He said the Russian government would still look at cases where there were “serious losses, involving companies in which the Russian state is a shareholder”. That review would take place in Russia, and “for this it would certainly not be necessary to help the Republic of Cyprus”, he said.

Continue reading the main story

Cyprus capital controls

  • Daily withdrawals limited to 300 euros
  • Cashing of cheques banned
  • Those travelling abroad can take no more than 1,000 euros out of the country
  • Payments and/or transfers outside Cyprus via debit and or credit cards permitted up to 5,000 euros per month
  • Businesses able to carry out transactions up to 5,000 euros per day
  • Special committee to review commercial transactions between 5,000 and 200,000 euros and approve all those over 200,000 euros on a case-by-case basis
  • No termination of fixed-term deposit accounts before maturity

Many of the large-scale foreign investors in Cyprus are Russian – and in many cases they have taken advantage of the island’s status as an offshore tax haven. Some politicians have accused Cyprus of acting as a hub for Russian money-laundering – an allegation rejected by Cypriot officials.

After years of large-scale capital flight from Russia there is now a Kremlin drive to repatriate Russian money. The government has introduced tighter monitoring of foreign bank accounts held by Russian state employees.

Bank of Cyprus depositors with more than 100,000 euros could lose up to 60% of their savings as part of the bailout, officials say.

The central bank says 37.5% of holdings over 100,000 euros will become shares.

Up to 22.5% will go into a fund attracting no interest and may be subject to further write-offs.

The other 40% will attract interest – but this will not be paid unless the bank performs well.

The fear is that once the unprecedented capital controls – which are in place for an indefinite time – are lifted, the wealthiest will rush to move their deposits abroad, the BBC’s Mark Lowen reports from Nicosia.

Cyprus has become the first eurozone member country to bring in capital controls to prevent a torrent of money leaving the island and credit institutions collapsing.

Cypriot President Nicos Anastasiades has said the financial situation has been “contained” following the deal.

He has also stressed that Cyprus has no intention of leaving the euro, stressing that “in no way will we experiment with the future of our country”.

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Australia and New Zealand have also joined in the thievery, although it is minimal, to date!

With Cyprus the banksters found out that they can get away with outright robbery –

They will not stop there!

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If the pres and the fed are not stopped, we have no future!

CRUMMY BANKSTERS’ PLAN IN PLACE FOR AMERICA!

CRUMMY BANKSTERS PLAN IN PLACE FOR A CYPRUS SAVINGS CONFISCATION IN AMERICA!

Cyprus was a test run and banksters now know they can get away with confiscating people’s savings! It will not take them long to try it in other places and also here, in America! Read and research so you can be prepared!!!

http://www.truthdig.com/report/item/the_confiscation_scheme_planned_for_us_and_uk_depositors_20130328/

The Confiscation Scheme Planned for U.S. and U.K. Depositors

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By Ellen Brown, Web of Debt
Posted on Mar 28, 2013

This article first appeared at Web of Debt.

Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the US Federal Deposit Insurance Corporation and the Bank of England dated December 10, 2012, shows that these plans have been long in the making; that they originated with the G20 Financial Stability Board in Basel, Switzerland (discussed earlier here); and that the result will be to deliver clear title to the banks of depositor funds.

New Zealand has a similar directive, discussed in my last article here, indicating that this isn’t just an emergency measure for troubled Eurozone countries. New Zealand’s Voxy reported on March 19th:

The National Government [is] pushing a Cyprus-style solution to bank failure in New Zealand which will see small depositors lose some of their savings to fund big bank bailouts . . . .

Open Bank Resolution (OBR) is Finance Minister Bill English’s favoured option dealing with a major bank failure. If a bank fails under OBR, all depositors will have their savings reduced overnight to fund the bank’s bail out.

Can They Do That?

Although few depositors realize it, legally the bank owns the depositor’s funds as soon as they are put in the bank. Our money becomes the bank’s, and we become unsecured creditors holding IOUs or promises to pay. (See here and here.) But until now the bank has been obligated to pay the money back on demand in the form of cash. Under the FDIC-BOE plan, our IOUs will be converted into “bank equity.”  The bank will get the money and we will get stock in the bank. With any luck we may be able to sell the stock to someone else, but when and at what price? Most people keep a deposit account so they can have ready cash to pay the bills.

The 15-page FDIC-BOE document is called “Resolving Globally Active, Systemically Important, Financial Institutions.”  It begins by explaining that the 2008 banking crisis has made it clear that some other way besides taxpayer bailouts is needed to maintain “financial stability.” Evidently anticipating that the next financial collapse will be on a grander scale than either the taxpayers or Congress is willing to underwrite, the authors state:

An efficient path for returning the sound operations of the G-SIFI to the private sector would be provided by exchanging or converting a sufficient amount of the unsecured debt from the original creditors of the failed company [meaning the depositors] into equity [or stock]. In the U.S., the new equity would become capital in one or more newly formed operating entities. In the U.K., the same approach could be used, or the equity could be used to recapitalize the failing financial company itself—thus, the highest layer of surviving bailed-in creditors would become the owners of the resolved firm. In either country, the new equity holders would take on the corresponding risk of being shareholders in a financial institution.

No exception is indicated for “insured deposits” in the U.S., meaning those under $250,000, the deposits we thought were protected by FDIC insurance. This can hardly be an oversight, since it is the FDIC that is issuing the directive. The FDIC is an insurance company funded by premiums paid by private banks. The directive is called a “resolution process,” defined elsewhere as a plan that “would be triggered in the event of the failure of an insurer . . . .” The only mention of “insured deposits” is in connection with existing UK legislation, which the FDIC-BOE directive goes on to say is inadequate, implying that it needs to be modified or overridden.

An Imminent Risk

If our IOUs are converted to bank stock, they will no longer be subject to insurance protection but will be “at risk” and vulnerable to being wiped out, just as the Lehman Brothers shareholders were in 2008. That this dire scenario could actually materialize was underscored by Yves Smith in a March 19th post titled When You Weren’t Looking, Democrat Bank Stooges Launch Bills to Permit Bailouts, Deregulate Derivatives. She writes:

In the US, depositors have actually been put in a worse position than Cyprus deposit-holders, at least if they are at the big banks that play in the derivatives casino. The regulators have
turned a blind eye as banks use their depositaries to fund derivatives exposures. And as bad as that is, the depositors, unlike their Cypriot confreres, aren’t even senior creditors. Remember Lehman? When the investment bank failed, unsecured creditors (and remember, depositors are unsecured creditors) got eight cents on the dollar. One big reason was that derivatives counterparties require collateral for any exposures, meaning they are secured creditors. The 2005 bankruptcy reforms made derivatives counterparties senior to unsecured lenders.

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One might wonder why the posting of collateral by a derivative counterparty, at some percentage of full exposure, makes the creditor “secured,” while the depositor who puts up 100 cents on the dollar is “unsecured.” But moving on – Smith writes:

Lehman had only two itty bitty banking subsidiaries, and to my knowledge, was not gathering retail deposits. But as readers may recall, Bank of America moved most of its derivatives from its Merrill Lynch operation [to] its depositary in late 2011.

Its “depositary” is the arm of the bank that takes deposits; and at B of A, that means lots and lots of deposits. The deposits are now subject to being wiped out by a major derivatives loss. How bad could that be? Smith quotes Bloomberg:

. . . Bank of America’s holding company . . . held almost $75 trillion of derivatives at the end of June . . . .

That compares with JPMorgan’s deposit-taking entity, JPMorgan Chase Bank NA, which contained 99 percent of the New York-based firm’s $79 trillion of notional derivatives, the OCC data show.

$75 trillion and $79 trillion in derivatives! These two mega-banks alone hold more in notional derivatives each than the entire global GDP (at $70 trillion). The “notional value” of derivatives is not the same as cash at risk, but according to a cross-post on Smith’s site:

By at least one estimate, in 2010 there was a total of $12 trillion in cash tied up (at risk) in derivatives . . . .

$12 trillion is close to the US GDP.  Smith goes on:

. . . Remember the effect of the 2005 bankruptcy law revisions: derivatives counterparties are first in line, they get to grab assets first and leave everyone else to scramble for crumbs. . . . Lehman failed over a weekend after JP Morgan grabbed collateral.

But it’s even worse than that. During the savings & loan crisis, the FDIC did not have enough in deposit insurance receipts to pay for the Resolution Trust Corporation wind-down vehicle. It had to get more funding from Congress. This move paves the way for another TARP-style shakedown of taxpayers, this time to save depositors.

Perhaps, but Congress has already been burned and is liable to balk a second time. Section 716 of the Dodd-Frank Act specifically prohibits public support for speculative derivatives activities. And in the Eurozone, while the European Stability Mechanism committed Eurozone countries to bail out failed banks, they are apparently having second thoughts there as well. On March 25th, Dutch Finance Minister Jeroen Dijsselbloem, who played a leading role in imposing the deposit confiscation plan on Cyprus, told reporters that it would be the template for any future bank bailouts, and that “the aim is for the ESM never to have to be used.”

That explains the need for the FDIC-BOE resolution. If the anticipated enabling legislation is passed, the FDIC will no longer need to protect depositor funds; it can just confiscate them.

Worse Than a Tax

An FDIC confiscation of deposits to recapitalize the banks is far different from a simple tax on taxpayers to pay government expenses. The government’s debt is at least arguably the people’s debt, since the government is there to provide services for the people. But when the banks get into trouble with their derivative schemes, they are not serving depositors, who are not getting a cut of the profits. Taking depositor funds is simply theft.

What should be done is to raise FDIC insurance premiums and make the banks pay to keep their depositors whole, but premiums are already high; and the FDIC, like other government regulatory agencies, is subject to regulatory capture.  Deposit insurance has failed, and so has the private banking system that has depended on it for the trust that makes banking work.

The Cyprus haircut on depositors was called a “wealth tax” and was written off by commentators as “deserved,” because much of the money in Cypriot accounts belongs to foreign oligarchs, tax dodgers and money launderers. But if that template is applied in the US, it will be a tax on the poor and middle class. Wealthy Americans don’t keep most of their money in bank accounts.  They keep it in the stock market, in real estate, in over-the-counter derivatives, in gold and silver, and so forth.

Are you safe, then, if your money is in gold and silver? Apparently not – if it’s stored in a safety deposit box in the bank. Homeland Security has reportedly told banks that it has authority to seize the contents of safety deposit boxes without a warrant when it’s a matter of “national security,” which a major bank crisis no doubt will be.The Confiscation Scheme Planned for U.S. and U.K. Depositors.
Another alternative was considered but rejected by President Obama in 2009: nationalize mega-banks that fail. In a February 2009 article titled “Are Uninsured Bank Depositors in Danger?”, Felix Salmon discussed a newsletter by Asia-based investment strategist Christopher Wood, in which Wood wrote:By Ellen Brown, Web of Debt

(Page 3)

The Swedish Alternative: Nationalize the Banks

It is . . . amazing that Obama does not understand the political appeal of the nationalization option. . . . [D]espite this latest setback nationalization of the banks is coming sooner or later because the realities of the situation will demand it. The result will be shareholders wiped out and bondholders forced to take debt-for-equity swaps, if not hopefully depositors.

On whether depositors could indeed be forced to become equity holders, Salmon commented:

It’s worth remembering that depositors are unsecured creditors of any bank; usually, indeed, they’re by far the largest class of unsecured creditors.

President Obama acknowledged that bank nationalization had worked in Sweden, and that the course pursued by the US Fed had not worked in Japan, which wound up instead in a “lost decade.”  But Obama opted for the Japanese approach because, according to Ed Harrison, “Americans will not tolerate nationalization.”

But that was four years ago. When Americans realize that the alternative is to have their ready cash transformed into “bank stock” of questionable marketability, moving failed mega-banks into the public sector may start to have more appeal.

Ellen Brown is an attorney, chairman of the Public Banking Institute, and the author of eleven books, including Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free. Her websites are webofdebt.com and ellenbrown.com. For details of the June 2013 Public Banking Institute conference in San Rafael, California, see here.

SOME GOOD IDEAS FOR PUSHING BACK!

Ellen Brown is well qualified to write about the subject of banks and finances – heed her words if you want to save your money! There are links to many additional resources in the above article – use them to learn how to protect yourself!

Below are some good solid suggestions for drawing the fangs of the banksters!

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END The New World Order with Global Non Compliance!

Like Us? www.facebook.com/Citizens.Action.NetworkUnderstand your enemy, and understand the weapons they use. Then use those same weapons against them. The money system is the head of the snake. Cut the head off the snake and the rest of it will whither and die. There need be No violence, no guns, no banners, no slogans, no group think, just a united act of global non compliance. It’s time for us all to collectively stand together and address the root cause of the problems.https://www.youtube.com/watch?feature=player_embedded&v=PZx2tUCB9t8“You assist an evil system most effectively by obeying its orders and decrees. An evil system never deserves such allegiance. Allegiance to it means partaking of the evil. A good person will resist an evil system with his or her whole soul.” -Mahatma Gandhi

“I believe that Gandhi’s views were the most enlightened of all the political men in our time. We should strive to do things in his spirit: not to use violence in fighting for our cause, but by non-participation in anything you believe is evil.” -Albert Einstein

Stop complying with it and you will shut it down. And the best form of non compliance is love. Approach every issue with love. Rather than obediently following orders given to you by a commanding officer, and rather than doing what is right for you personally, do what is actually right. And, if a leader wants to send you to war, say no sir, I won’t murder other peoples’ children for you any more. You’ll have to go and do it yourself.

You will be called coward by the military, but such is not the case. Because it’s much easier to fight for principles than to live up to them. And it takes a far braver man to stand up for what is right, and spit in the face of authority, than it does to blindly follow orders due to fear of the consequences. Understand that we are all one, and the key to real change and unity in this world lies with love.

“The pioneers of a warless world, are the young men [and women] who refuse military service.” -Albert Einstein

Simply stop giving these people the power to control you. Understand that the only power they have is the power the people give them. Understand that injustice towards one is injustice towards all. Injustice towards him, is injustice against you, and there should be no grey area in your mind in regards to that. Everyone needs to stop going along with it, and it needs to be done immediately. It’s time to cut the head off the snake.

The Revolution is not coming. The Revolution is NOW!

“When it gets down to having to use violence, then you are playing the system’s game. The establishment will irritate you: pull your beard, flick your face to make you fight. Because once they’ve got you violent, then they know how to handle you. The only thing they don’t know how to handle is non-violence and humor.” -John Lennon

17 things YOU can you do to END the New World Order

1. Turn off or throw away your T.V.

2. Think for yourself.

3. Question all so-called ‘Authority’

4. Get out, and/or stay out, of debt!

5. Use cash, trade or barter as much as possible, rather than debit card/credit cards

6. Get rid of grocery store ‘discount’ cards –grocery stores provide this information to insurance companies.

7. Bank at a Credit Union, or any alternative to the ‘TBTF’ Banks, that participated in the 2008 Banker Bailout.

8. Buy products “Made in YOUR country”

9. Start your own garden

10. Meditate or pray – reduce your stress!

11. Get exercise!

12. Read a book/eBook: The Zeitgeist Movement – Orientation Guide.

13. Listen to soothing classical, jazz, ambient, dub or other alternative music.

14. Watch Fall of the Republic – Architecture of the New World Order (2009) documentary.

15. Watch End Game (2009) & Wake Up Call (2009) documentaries.

16. Watch Esoteric Agenda (2008) & Kymatica (2009) documentaries.

17. Watch THRIVE: What On Earth Will It Take (2011) and ETHOS. A Time For Change (2012) documentaries.

“Nonviolence means avoiding not only external physical violence but also internal violence of spirit. You not only refuse to shoot a man, but you refuse to hate him.” -Martin Luther King Jr.

http://www.knowledgeoftoday.org/2012/02/end-new-world-order-with-global-non.html#.UVddxGcud54 — with Ralph Williams, Lisa Jackson, Ashley Nicole Vise and Jennifer Martin.

 THOSE WHO DO NOT LEARN FROM HISTORY ARE DOOMED TO REPEAT IT!

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CRUMMY CYPRUS BANKS OPEN AFTER 2 WEEKS!

Cyprus banks finally opened,

But on a limited basis

And the pain to the savers continues!

To watch the videos – follow the link to the original story!

To enlarge any image for better viewing – CLICK on it!

http://www.news.sky.com/story/1070853/cyprus-banks-finally-reopen-but-anger-lingers

Cyprus Banks Finally Reopen But Anger Lingers

Cypriots express anger at the country’s bailout as they descend on bank branches, open for the first time in almost two weeks.

3:46pm UK, Thursday 28 March 2013

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Video: Cypriot: They Have Stolen Our Money

Cypriot Banks to Open After 12-day Closure

Sky’s Tom Parmenter reports from Nicosia, Cyprus’ capital.

Video: ‘Heartbreaking Scenes’ In Cyprus

By Tom Parmenter, Sky News Correspondent in Cyprus

Cyprus’ banks have opened their doors after the longest enforced bank holiday in Europe’s history.

Queues grew outside branches across the country, with no signs of panic as employees limited the number of customers allowed in at any one time.

But many residents expressed anger at the country’s controversial bailout – which requires Cyprus to raise 5.8bn euros (£4.9bn).

A Laiki Bank manager helps a police officer to enter the bank after getting past depositors waiting for the opening of the bank's branch in Nicosia

After a rush when the doors first opened, customers queued calmly

“They have stolen our money,” Milton Loucas told Sky News.

“I have been working for 60 years. I am 80 years old. I cannot work again for my living – they have cut the lot.

“Our money, our social insurance – they have cut them. How are we going to live?”

Another Cypriot, Stelios, came out of the bank empty handed.

“I tried to get my February wages and they gave me a piece of paper only,” he said.

“I have two children in the army and they asked for money – I don’t have money to give them.

“The Government didn’t pay anybody. My old parents didn’t get their pension.”

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Banks are giving customers information about the capital restrictions

The country’s President – who has cut his own salary by 25% – tweeted his thanks to Cypriots for showing “maturity” as the banks reopened.

“I would like to thank the Cypriot people for their maturity and collectedness shown in their interactions with the Cypriot Banks,” Nicos Anastasiades said on his official Twitter account.

Cash withdrawals and other transactions are subject to tough restrictions, introduced by the country’s Finance Ministry in an effort to avoid a run on the banks.

The country’s crippled banking system was effectively closed down on March 16 while the terms of the 10bn euro (£8.5bn) bailout were agreed and implemented.

Large depositors face losses of as much as 40% of their savings as part of the deal, leading to fears that customers would attempt to withdraw large amounts of money when the banks reopened.

Cyprus EU Bailout Reached

Demonstrations against austerity measures continued in Cyprus on Wednesday

As a result, strict capital controls include a withdrawal limit of 300 euros (£253) a day and a ban on cashing cheques.

Travellers leaving the country can only take up to 1,000 euros (£845), or the equivalent in foreign currency, with them in cash – significantly less than expected.

Police and security staff were deployed to maintain order at branches, and G4S guards called in to work alongside police officers and other security firms across the country.

The giant global firm was the contractor that failed to meet their promises over security at the London Olympics prompting the British military to step in.

G4S’s managing director in Cyprus, John Arghyrou, told Sky News: “I feel we have the resources, I feel extremely confident as a security company that we can undertake and meet the requirements of our customers.”

With just 860,000 people, Cyprus has around 68bn euros (£57bn) in its banks.

This outsized financial system attracted deposits from foreigners but has struggled since investments in neighbouring Greece went sour.

We have our problems also –

And they continue to worsen!

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The above numbers are real and they are downright scary! No country can keep going with those kind of figures!

Due to the ridiculous policies of the fed, (such as printing $40 Billion Dollars each and every month, based on nothing) our dollar has been steadily going down in value and unless we, as a people (because Congress refuses to do its duty), demand to get rid of the Federal Reserve, America will slide down that same slippery slope and it will be sooner rather than later! The fiscal armageddon has not been averted and we will crash, this year. This administration refuses to make any real cuts to spending or to accept a true budget that would balance the books within ten years so our down hill ride has already begun!

In the words of Winston Churchill “A nation trying to tax itself into prosperity is like a man in a bucket, trying to lift himself up by the handle.”

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