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An interesting idea from Wayne Allen Root (Obama’s old college friend who doesn’t remember ever seeing Obama and doesn’t know anyone who remembers seeing Obama at Columbia University even though they shared the same major) gives up an interesting take on the possible team of Trump-Cruz. The only thing wrong with this dynamic ticket featuring two outsiders that the establishment doesn’t like is the very simple fact that Ted Cruz is as establishment as they come. When one see’s how the king of the Neocons took Heidi Cruz under their wing …gave her a great job with Goldman Sachs…loaned the Cruz’s money and groomed ego driven Ted for bigger things and then hears and sees Ted slobbering all over every member of the zio mafia he can find never going more than 1 or 2 seconds before he reminds us all of his love and commitment to the hub of world terrorism …the criminals who manipulated the USA over to the middle east to fight it’s wars (Yes Israel) can there be any question whatsoever that Ted Cruz is another bought and paid for lapdog and puppet names “More of the Same” … Thanks but no thanks! Still it is an interesting idea. Too bad Cruz lacks the integrity to do whats right. Here you go…CEJ

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By Wayne Allen Root

What’s that famous saying? “If you can’t beat ‘em, join ‘em.” It’s time for Ted Cruz to wake up and make the phone call that changes history, changes the GOP, changes the course of America.

It’s time to face reality. Donald Trump will be the 2016 GOP presidential nominee. Only Trump has a path to the nomination. Ted Cruz is delusional if he thinks he can win the nomination…or deserves to win the nomination.

He was shut out on Tuesday night. Shut out as in zero, zilch, zip, nada. It was Trump 4, Kasich 1, Cruz 0, Rubio cut from the team.

Cruz can’t be the nominee. We’re deep into the GOP presidential race on a key Super Tuesday and he can’t even win one state. The nomination winner can’t be 0 for 5 on a Super Tuesday. That’s not a man on the way to becoming leader of the free world.

Kasich can’t be the nominee. He just won his first state out of 27. He’s 1 win, 26 losses in the GOP race. And the one win was a “homer.” The sitting Governor of Ohio just won his own state. My guess is very few sitting Governors have ever lost their home state. So please don’t get any delusions of grandeur John! No GOP power broker is stupid enough to award the presidential nomination to a guy who is 1 win, 26 loses. That would be the death of the Republican Party.

That leaves one man left standing — Donald J Trump.

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But the story doesn’t end here. Because Ted Cruz still has a river card to play. It’s time to put ego aside and play your hand Ted.

Back in 2012 I desperately wanted Newt Gingrich to pick up the phone and call Mitt Romney. Newt should have said to Mitt, “The writings on the wall. You’re the winner Mitt. But I will put my ego aside to save America and unite the party. I’ll take the V.P. slot. Let’s combine forces and we’ll win the White House together. I represent the base — conservatives and Tea Party activists who bleed red for the GOP. If you pick me, together we change the course of history. If you don’t pick me, millions of conservatives stay home and you lose. So let’s go to the dance together.”

But Newt never made the phone call. Mitt lost. The GOP lost. Capitalism lost. The middle class lost. America lost. 

Today we see the price we paid — GDP near zero. Ninety-four million working-age Americans no longer working. Manufacturing collapsing. More businesses closing each day than opening. Record highs for food stamp use. Middle class Americans being bankrupted by Obamacare. Middle Class jobs have disappeared. The national debt is a staggering $19 trillion. We are entering an Obama Great Depression. If only Newt had made that phone call.

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Ted, don’t let your ego get in the way. You’re 45-years-old. You will never beat Trump. But you can be part of history. You can be part of the team that wins the White House and saves America. Tell Donald to take the next eight years. You’ll take the next eight. Eight years from now you’ll still be only 53 years old. Pick up the phone and call Donald Trump. Tell him you’ll take V.P.

Here’s the important part. If Cruz sets aside his ego, Trump/Cruz will stick a stake through the heart of the arrogant, elitist GOP establishment once and for all. Trump and Cruz are the only two truly “outsider candidates.” Trump has never run for office. Cruz is the most hated man in the U.S. Senate. They are the only two candidates both the GOP establishment and D.C. establishment could never allow to become nominee.

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Together they control just under 80 percent of the delegates (1,017 out of 1,323). By combining forces, Trump and Cruz have routed the establishment. They’ve given hope back to the GOP base. They’ve given power back to the people. The establishment has lost the party. The establishment is out in the cold. Trump/Cruz can’t be stopped. The GOP will never be the same. America will be saved.

One more point that must be addressed. — Critics of Trump argue that polls show Cruz is a better candidate versus Hillary than Trump.

First, that’s a non-issue. Because Cruz can’t beat Trump, so Cruz will never face Hillary.

Finish this interesting story at it’s source …. here (Click)

 

 

Grandmaster Putin Beats Uncle Sam at His Own Game

Imagine that you despised your brother-in-law and wanted to kill him. But you didn’t have the guts to do it yourself so you hired a hit-man to do the job for you.

Would you still be guilty of murder?

You’re darn right, you would be. So let’s apply this same rule to US foreign policy: Would it be just as wrong to invade a country, kill its people and topple its government with militants that you funded, armed and trained as it would be with your own US troops?

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Yep, it sure would be. So while some people might think that it was smarter for Obama to use a proxy-army in Syria instead of US soldiers, morally or legally speaking, there’s really no difference between what he did and what Bush did in Iraq. A US invasion is a US invasion. Period. It doesn’t matter if you use for-hire killers or your own guys. It’s all the same. Obama is just as guilty as Bush.

Why does it matter?

It matters because Obama’s Syrian policy has resulted in the deaths of 250,000 people and created 11 million refugees. That’s more refugees than Iraq. And the funny thing is, the media doesn’t even talk about it, in fact, there’s not one major media outlet in the entire country that has stated what everyone knows to be the obvious truth; that the United States is 100 percent responsible for the refugee crisis. 100 percent! Assad had nothing to do with it. US policy and our buck-passing president are entirely to blame.

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The point is, the Democrats pursue the same policies as the GOP with some minor-tweaking at the edges. So if the hard-charging, but dimwitted Republicans decide to drag the country to war on a pack of lies, then the shifty Dems will try to be smarter about it; they’ll try to micromanage the public relations, preempt antiwar marches in US cities and avoid US casualties at all cost. Obama has succeeded in all of these things. There’s nobody in the streets protesting, the media has convinced most people that Syria is in the throes of a civil war, and there have been no flag-draped coffins returning to Andover Airbase because their are no US boots on the ground.  For all practical purposes, the Democrats have created our first completely invisible war. That’s quite an accomplishment, don’t you think?

The only glitch is that, after 4 years, Obama’s plan for toppling Bashar al Assad has failed. True, he’s destroyed the world’s oldest civilization and condemned its people to a hardscrabble existence for the next 20 years or so, but he’s failed in his primary objectives; to remove Assad, partition the country, and secure the territory he needs for vital pipeline corridors. So, you see, all the sneaky, underhanded methods the Democrats have used to secretly prosecute their war on Syria have backfired because the US is going to lose the war anyway.

Why is the US going to lose the war?

CONTINUED HERE AT THE SOURCE (CLICK) \

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Anglo-American Axis Wages Full Scale War Against Russia

Trilateral Commission Crashes the Russian Ruble
after Imposing Illegal Sanctions and
Manipulating the Price of Oil Downward

Jesuit Weapons of War:
Economic Terrorism and Financial Sabotage
Commodity Speculation and Currency Manipulation   

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Michael Thomas
December 20, 2014
State of the Nation

State of the Nation

That a Nobel Peace Prize winner would lead the charge to bring wrack and ruin to a nation like Russia is not as surprising as one would think. The USA has always been used as the primary policeman for the Anglo-American Axis (AAA), especially when military aggression is required to prevent any given nation from leaving the dollar-denominated reservation.  Which is precisely why the Nobel Committee gave Barack Obama cover by fraudulently awarding him the ‘peace prize’.  They knew he would be leading the USA & Company against the Russian boogeyman in the not-too-distant future.  That future is 2014.

Prior to an outright military invasion the AAA has historically utilized their arsenal of economic assaults and financial attacks to soften up the enemy.  The current regime of extra-legal US and European sanctions, no matter what form they have taken, are all designed to destroy the Russian economy.  Whether it has been declared or not, the Western powers have commenced a full blown war against Russia.

What very few people realize is that Obama’s rise to the presidency ONLY occurred with his agreement to prosecute Russia whenever directed to do so.  In fact much of his 2008 election campaign rhetoric concerning foreign policy was peppered with language that clearly reflected his loyalty to the Cold Warriors of yesteryear.  How else does anyone think he could have accumulated a record-smashing $750 million in campaign contributions?

“In 21-plus months, Barack Obama raised roughly $750 million from donors, surpassing all of his White House opponents this year and also eclipsing the total amount of money raised by all of the presidential candidates combined in 2004.”[1]
(2008 ABC News Report)

The two key figures behind the unrivaled campaign chests amassed by Obama prior to both of his presidential elections were George Soros and Zbigniew Brzezinski. Only by understanding the true forces behind these two characters will the current war against Russia be properly understood. Suffice to say, that both individuals harbor an intense and irrational hatred toward Russia, as do all of their Cold Warrior co-conspirators who have colluded to collapse the Russian state.

OBAMA: Trilateral Commission Endgame | The Millennium Report

In the interest of completely subjugating Russia to the dictates of the Anglo-American Axis, these Russophobes have used the full force of the Trilateral Commission, a semi-secret stealth organization whose only purpose is complete world domination.  Zbigniew Brzezinski was a founding member and primary organizer of the Trilateral Commission, along with David Rockefeller of Chase Manhattan and many other New World Order (NWO) profiteers.

The Cold War was in full swing in 1973 and those who wished to establish a New World Order were determined not to let the USSR stand in the way.  The Council on Foreign Relations (CFR), from which the majority of Trilateral Commission (TC) founding members came from, had already established a distinctly anti-Russian stance since its inception in 1921.  Both the CFR and the TC have been prominently configured in the formulation of every major U.S foreign policy since their respective inceptions.  They have likewise advocated for every single major war that has occurred on the planet over the same span of time.

However, it is specifically the Trilateral Commission, under the influence of extremely Cold Warriors like Brzezinski and Soros, which is determined not to allow a thaw with Russia except on their uncompromising and dictatorial terms.  It’s important to understand both the personal history and temperaments of Cold Warriors like Brzezinski and Soros in order to correctly grasp the current state of world affairs.  Both originally hail from Eastern European countries —  Brzezinski from Poland and Soros from Hungary –which have had some some very difficult history with the old USSR.  Like all of their Cold War compatriots, they harbor intense animosity toward Russia and will not end their persecution until the Russian bear has been conquered … and put in a cage.

Convicted Felon George Soros … Russian Intelligence has fingered Soros for using cross-collateralized compounded Swedish and Danish foreign currency derivatives for the purpose of an attack on the Russian stock market.  Soros’ use of these cross-collateralized compounded derivatives utilizing Luxembourg banks violates the terms of the Basil II European Union banking agreement.[2]

The true irony here is that the entire Russian Revolution and rise of Communism across the Motherland was initiated and coordinated by New York City banksters, Chicago gangsters and Washington politicos.  All of those oppressed populations of Eastern Europe of the last century have none other to blame than their relatives who migrated to the ole US of A who engineered the whole misguided scheme.  Virtually all of the NWO think tanks, which form a cottage industry of Russia-bashing, are staffed by either Jewish intellectuals or dogmatic Catholics whose ancestral heritage is of Eastern (and/or Central) European descent.

This particular narrative has a number of key threads, each of which is critical to understanding what is really going on with the unfolding and undeclared World War III. Those threads have profound religious and philosophical, geo-political and social, economic and financial overtones.  They will be methodically elucidated in this series of three essays.

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Why is a Nobel Peace Prize winner prosecuting a war for a bunch of aging Cold Warriors?

Obama mysteriously emerged from what is perhaps the most politically corrupt city in the fifty states — Chicago.  Not only is Chicago the epicenter of neo-liberalism, it also has the largest per capita Polish population in America, and second only to New York City.  Likewise, the Chicago area is also the home to a large percentage of other Eastern/Central European immigrants with mindsets very similar to Brzezinski and Soros.

What’s the point?

Obama was raised in a political climate that wreaked of hatred for all things Russian.  He was even a lecturer at the University of Chicago Law School.  The University of Chicago (UoC) is world renown for being the home of the Leo Strauss Center, the philosophical father of the neoliberalism that is aggressively imposed around the globe by a powerful phalanx of neoconservatives like Paul Wolfowitz.  Former U.S. Deputy Secretary of Defense under George W. Bush and ex-World Bank President, Wolfowitz was one of many other UoC Neocon graduates who was one of the key architects of the Iraq War — a classic case of disaster capitalism by way of a manufactured war promoted by neoliberal neoconservatives.

Understanding that Hillary Clinton was also raised in Chicago is perhaps the best way to unpack the baggage of this global, multi-decade conspiracy to systematically defraud … … THE COMMUNITY OF NATIONS. Not only was she raised in the same depraved political climate of Chicago, she was also appointed by Obama as his first Secretary of State (SOS), the herald of this nation’s exceedingly militaristic and unilateral foreign policy.  No other nation on Earth has exported so much faux democracy at the barrel of a gun, as Libya experienced while Clinton was SOS and ‘peace prize’ winner Obama was POTUS.  Syria is another hideous exercise in disaster capitalism that was began and accelerated under Secretary Clinton, as was the whole Arab Spring phenomenon.

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The Ukraine Is Only The Latest Foray Of Disaster Capitalism USA-Style.

These very same Cold Warriors quite purposefully executed the Kiev coup d’état in order to start a full-blown civil war in the Ukraine.  What better way to respond to President Vladimir Putin’s many domestic and international initiatives to move Russia away from the NWO reservation?  Putin has always known that it would come down to this — either the AAA way or a new Silk Road highway.  To better understand Putin’s critical role in this highly consequential confrontation, the following essay lays bare what will not be found in the mainstream media.

Vladimir Putin’s Russia: Perfect Foil To The Anglo-American Axis And Their New World ‘Order’

Quite fortunately for the Russian people, Putin has always acted in their best interest.  Now, however, will be the true test of their national character.  Vastly arrayed against the Russian motherland are the many AAA nations which have reflexively aligned with the intractable Cold Warriors.  Even though it is obviously not in their interest to do so, most Eastern European nations and some ex-Soviet Republics are closing ranks in what is shaping up to be the “War of the Titans”.  Goaded by the many countries within Anglo-American Axis, particularly the USA, the UK and Israel, these extremely misguided countries are somehow okay with being used as canon fodder in a potential World War III?!

The Ukraine is a graphic example of how this war might unfold within any one of their territories should the implementation plan for another civil war be duplicated by the AAA. The very same Neo-nazis being armed and financed there by the US State Department and City of London bankers represents the exact same MO which instigated World War II. Again, Russia is being targeted to sufficiently soften up that nation so as to render it vulnerable to another CIA-coordinated revolution.  In this way the Anglo-American Axis plans to install a puppet regime that is amenable to all manner of neoliberal economic policies, each of which will permit unfettered access to Russia’s wealth and natural resources, especially oil and gas, gold and silver, uranium and platinum.putnwo4

*The Anglo-American Axis is represented, first and foremost, by the major English-speaking countires of the world: USA, UK, Canada, Australia, New Zealand and Israel. The European member nations of NATO, such as Germany, France, Italy, Spain, Portugal, Belgium, Luxembourg and the Netherlands are also closely aligned with the AAA as are all the Scandinavian countries.  So are the Asian Pacific Rim nations of Japan, South Korea, Taiwan and the Philippines.  Saudi Arabia, Egypt, Kuwait, Jordan, Bahrain, United Arab Emirates, and Qatar also owe their allegiance to the AAA.  The World Shadow Government is a secret, supranational organization which completely controls the Anglo-American Axis, as well as the European Union, NATO, among many other institutional entities which constitute the Global Control Matrix.[3]

 

 

THIS STORY CONTINUES HERE (CLICK)

 

For those of you who read Zerohedge you will be familiar with Tyler Durden’s ability t constantly supply insightful commentary on whats happening in our financial markets today and why …I have never read a treatment of this topic spelled out so that even the unsophisticated can understand it and in doing so he is calling out the shadow government who is quickly putting this country on a collision course with its own destruction and enslavement. This great article written by Mark Jeftovic  will wake a few more people up to what’s really happening, by whom, and why!  E

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Cronyism In The 21st Century

Submitted by Tyler Durden on 06/21/2014 22:48 -040

Authored by Mark E. Jeftovic, CEO easyDNS Technologies; originally posted at DollarVigilante.com,

Ghandi was once asked, “What do you think about Western Civilization?” to which he famously replied “I think it’s a good idea.” He may as well have been talking about free market capitalism.

Capital in the 21st Century has hit the world like a new teen idol sensation. Everybody is drinking the Kool-Aid and its being held up as the most important book ever written on the subject of how runaway capitalism leads to wealth inequality. Paul Krugman of course, loves it. As does every head of state and political hack in the (formerly) free world. A text-book sized brick that can be condensed down to a couple bullet points:

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  • that unchecked capitalism leads to increasing wealth inequality, and
  • this can be fixed through government management, most notably more taxes and higher minimum wages.

What’s not to love?

There are many other refutations of Capital circulating, most of which address the numerous factual errors and flawed research methodologies in the book, and countering the income equality assertions with observations around how the standard of living generally increases across the board during periods of free(er) market capitalism (such as England during the industrial revolution under the classical gold standard or wider Europe during the High Middle Ages).

The age we live in today is not an example of this. I submit that the modern run of standard of living increases, say from end of WWII to present is not an example of “free markets given room to run”, but rather a crack-up boom fuelled by credit expansion (cheap money) and cheap energy. This era is now drawing to a close, as the cost of energy inexorably rises and the global debt super-cycle finally hits a wall. After decades of government targeted inflation, after the better part of a decade of ZIRP, after increased regulations in every aspect of our lives, after civil liberties being for the most part abolished (after all, the government is allowed to assassinate any one of us and we are all under continuous pervasive surveillance) what is difficult to fathom is that political economists can still make hay in the world by blaming its problems on capitalism gone wild and runaway free markets. Put simply, true capitalism requires free markets, free markets require a free society and we do not live in a free society.

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So let’s do something different here and accept a core premise of Capital, and say that wealth inequality is increasing, and that it’s a bad thing. Where the point is completely missed is in what causes it (ostensibly “free market capitalism”) and what to do about it (increase government control, induce more inflation and raise taxes).

The point of this essay is to assert that it is not unchecked capital or runaway free markets that cause increasing wealth inequality, but rather that the underlying monetary system itself is hard-coded by an inner temple of ruling elites in a way which creates that inequality.

We’ll see that wealth doesn’t “run away” in a logarithmic fashion (perhaps hinted at by Pareto and captured in various “1% memes”) but rather can be best visualized as a vortex, like a tornado, or more accurately, a black hole, a centre swirling around a political/monetary/cronyist nexus that sucks wealth into it from the periphery (the rest of society). Society itself is hard-wired to facilitate this in such an entrenched and subtle fashion that we have arrived in a zeitgeist in which the key facets of this system (the nature of money itself) is out-of-scope. It’s not even part of the debate because almost everybody in society is oblivious to it’s machinations. (This is the reason why in my writings I do not refer to underclass or overclass but rather, the “outer-class” and the inner elites.)

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Because the nature of money itself has been so, for lack of a better word, “esotericized”, I need to include Stephen Zarlenga’s seminal work “The Lost Science of Money” in our expose. While Zarlenga blesses us with an exhaustive study of money and banking practices throughout history, and does a superb job deconstructing the perniciousness of central banking and debt based money systems, he erroneously arrives at conclusions favouring direct government creation of fiat money (he even came out in favour of that whole “Trillion Dollar Coin” idea because to him it signaled a tacit admission that the government doesn’t really need the Federal Reserve). However even his arrival at this seemingly (to us) off-base solution tells us something vital about the system within which we are all immersed.

This is what it tells us: if smart, scholarly people happen to believe that government fiat money is both feasible and beneficial to society, and they put serious thought into devising such a system, what they will not come up with is one run by private central banks issuing debt-based money. They just won’t. Any critical analysis would grasp that such architecture would become a parasitic cancer on the entire society. When you realize this, it’s hard not to posit a far-reaching conspiracy to institutionalize inequality. While I am a big believer in the maxim “never ascribe to conspiracy what can be explained by stupidity” it to me falls short in this case. When we look at the structure of the entire monetary system and realize that it’s the worst way possible to design such a system if you have the best interests of the wider society in mind then you can’t help but ask in whose interests was it designed and implemented?

As such, the system within which we find ourselves seems to be one that isn’t designed to be in the best-interest of most of us reading this (and would remain true even if you were inexplicably reading this on Huffington Post, Slate or Business Insider).

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If we want to understand where wealth inequality comes from, “The Lost Science of Money” is a good place to start  for two reasons: 1) his book is an exhaustive history of money, even if one disputes some of his takeaways from it) and 2) like many libertarians and an-caps, he understands the pernicious, malignant effect of private central banking. His ideal solutions may not fly (government controlled fiat, because governments will always inflate and debase) but his exposure of the fraud is convincing. Zarlenga’s main thesis can be put briefly that the primary arena of human struggle throughout history has been mainly over the monetary control over societies. If Zarlenga had to put it in one sentence, which he did, it would be this one:

“It is by misdefining the nature of money, special interests have often been able to assume control of society’s monetary system, and in turn, the society itself”. (emphasis added, and you’ll see why soon). He broke his book (almost as big as Capital) down into sections, examining that:

  • The Main Obstacle is The Mystification of Money
  • Monetary History Has Been Ignored
  • Monetary History Has Been Censored
  • Monetary Data is Often Misinterpreted

All of which is correct and explains why a book like Capital is on the New York Times Best Seller List. The premise that wealth inequality is caused by unchecked capital formation (a.k.a runaway free markets or capitalism gone wild) derives from the biggest misinterpretation of them all. It’s not only monetary data that is misinterpreted, it’s the entire framework around monetary policy itself which leads to these increasing imbalances. In other words, it is the structure of our monetary system itself which institutionalizes accelerating wealth inequality. Thus, taxation, intentional inflation, credit expansion, money supply injections and central planning all exacerbate income inequality, they do not alleviate it. Pikkety is a political economist (as is Krugman) and Zarlenga calls political economists the “Priesthood of the Bankers.” Among the Priesthood I’ll again list off Zarlenga’s bullet points but this time I’ll inject my own interpolation of their meaning in today’s climate:

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Ideas rule:

Here we mean academic political economists with no real world financial, market or business experience devise elegant theories which look good on a blackboard, will earn them Nobel Prizes and become ensconced into the prevailing orthodoxy of conventional economic thought. Governments can then utilize these theories (or self-serving adaptations of them) to justify monetary polices that enable them to live beyond their means or otherwise further their own interests and those of their cronies.

 

These policies are utterly backwards in that they posit what economic forces should do according to some model, instead of trying to understand what they actually do based on observed results. When you do unleash Nobel laureates with their theoretical constructs on the real world, you don’t get “green shoots”, you get LTCM.

Economists as propagandists.

Two words: Paul Krugman.

Economics degenerates from the scholastics

Even the untouchable pillar of Keynesianism is a bastardized caricature of what Keynes actually said, which was that governments could smooth out the business cycle by deficit spending during bust years by running surpluses during the boom years. In it’s most basic form this just means saving for a rainy day. But governments don’t do that, because (as people like Krugman opine) “the government doesn’t have to pay it’s bills”. Thus, it’s all deficit spending, all the time. The last US president to actually run a surplus and pay down debt was Eisenhower (the so-called Clinton era surpluses were a sleight-of-hand fiction). The last president to pay off the debt was Andrew Jackson.

Fostering a disdain for the lessons of history

You can look at almost any financial panic, especially over the last hundred years, and you’ll see the same thing play out repeatedly.

 

For example, if you go back and look at the S&L crisis and the policy response to it, one is stricken with the similarities between then and now, how nothing was actually resolved in the policy response to S&L, in fact just the contrary, how bad behavior and incompetence were rewarded instead of allowed to be punished via free enterprise rules of engagement.

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The pattern is as follows:

  •     poor policy, credit expansion, government management of the economy (i.e. housing bubble) and insulation from consequences by special interests (bankers, etc) leads to a panic.
  •     government bails out bad actors at public expense
  •     massive wealth transfer from public to elites occurs
  •     free markets and runaway capitalism blamed
  •     additional regulations imposed restricts range of operations of non-elite players while enabling elite cronies to externalize losses
  •     additional controls over economy enacted (ZIRP, new regulations, etc)
  •     increased government debt (stimulus, etc)
  •     next wave crack-up boom inducedIn Special Privilege,  a chapter entitled “The Recurring Nightmare” enumerates the serial financial panics of the 19th and early 20th centuries (to wit: The Panic of 1819, The Panic of 1837, The Panic of 1857, The Panic of 1873, The Panic of 1893, and the Panic of 1907, whose policy response led in a straight line to The Federal Reserve Act of 1913). LoCascio poses the question “Isn’t There A Lesson Here?” He went on to observe,LoCascio published Special Privilege in 2001 (he died in 2006), but large swaths of his work could easily be cut and pasted into the aftermath of the Global Financial Crisis and no doubt, will be highly germane during the forthcoming, next crisis. The only difference being that after the next, inevitable (possibly imminent) wave of financial panic, it may be impossible to kick the can down the road yet another time. We may have finally, collectively come to the end of the line on “the great fiat monetization of everything” and be barreling toward the brick wall of unsustainability at the end of the runway.The big question around wealth inequality is this: why does wealth inequality increase as the distance from the nexus of political power increases? Why does wealth concentrate toward the centre? When asked this plainly, the answer becomes just as obvious: because the system is rigged that way.Whether you don’t believe in a classical gold standard (Zarlenga) or you do (LoCascio), whether you think bitcoin is viable or lunacy, where all these schools of thought intersect is at the point that finds private, fractional central banking a blight on civilization that leads to cronyism oligarchy between banksters, career politicians and corporate/kleptrocrat elites and this is the point that is most vociferously relegated out-of-scope in any kind of dialog around today’s central, pressing issues of the time.“The ultimate crisis will occur when the situation is so thoroughly perverted that the defenders of the status quo can no longer resurrect confidence in the system.”People are still very willing to believe in Unicorn Economics, the emergence of crypto-currencies such as bitcoin point to a widening rejection of that, but it will likely not achieve critical mass until the wheels come off the current system altogether.As I completed writing this essay, the ECB announced negative interest rates, in other words NIRP. This is sold to the public as a mechanism to spur bank lending to – again – stimulate the economy. What nobody asks is how the financial system can be so distorted, so perverted that policymakers can simultaneously implement negative interest rates while holding on to claims of legitimacy around their ability to “regulate” or “manage” the economy, or that the wider society is actually benefiting from these policies. If you think – and I know some otherwise highly intelligent people who do – that this is just some highly abstract financial smoke and mirrors that doesn’t really mean much in the real world, remember where you read this first: when NIRP fails to stimulate lending, the next Big Idea in Unicorn Economics will be to target money velocity and put expiry dates on cash. It’s the next logical step once you’ve entered the Twilight Zone as we have, and that’s also what you get when a global monetary system based on perpetually expanding debt approaches the end of the runway. (Or as as Fiat Paper Money author Ralph T Foster put it,  “Reading history is a harmless pastime, reliving it is another matter.”)
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  • Postscript:
  • What Pikkety has succeeded in is proving that we are not there yet. The propensity of the masses to rally behind this shows that confidence in the system is still long and strong. But what we are seeing are fissures in the logic – not only in books like Capital in the 21st Century but in entirely new and nonsensical economic schools of thought seemingly conjured out of thin air for the sole purpose of justifying and explaining away the otherwise unavoidable distortions and non-sequiturs of our economy (such as Modern Monetary Theory and Modern Monetary Realism – more on those in another post ).
  • As LoCascio predicts,
  • Because that is wealth inequality in action. When looked at from this angle you are able to see the underlying flawed assumptions that are otherwise considered “out of scope.”
  • This is what is so maddening about the irony of a book like Capital, chock full of fallacious data and erroneous conclusions makes Pikkety hotter than Justin Bieber, while brilliant historians such as LoCascio die in obscurity. The fact is that financial panic, followed by institutional wealth transfer (and confiscation) is systemically ingrained into what is called “conventional economic thought”
  • “During the 50 years of the National Banking System, currency had increased from roughly  $1 billion to $3 billion –or, by a factor of 3. Bank loans on the other hand, grew from roughly $0.5 billion to $13 billion–or by a factor of 25. This provides a rough numerical measure of the tendency (which continues to this day) that money creation has been tied to debt creation by banks.”
  • Little if any attention, however, was focused on the role the prior euphoria played in causing the resulting panic. Rather, attention was focused on the panics themselves and the virtually unanimous conclusion by those in position to bring about reform, was the great elasticity of currency would ameliorate, if not eliminate, the panics.”
  • “The 19th century and early 20th century  panics were so uniformly accompanied by the liberal extension of credit for speculative purposes that any serious reviewer of these events could not possibly fail to hypothesize a likely causative relationship.
  • The cycle repeats each time ensuing bubble and subsequent meltdown increasing by an order of magnitude. Which brings us to Vincent LoCascio, probably the most under appreciated commentators on our monetary system of this era. If ever there was a pair of “must” read books about what really causes wealth inequality in our society it is his Special Privilege: How the Monetary Elite Benefit… At Your Expense, and The Monetary Elite vs Gold’s Honest Discipline.

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To put it simply …I like listening to Michael Savage and the Savage Nation for that matter I have also enjoyed reading all of his best selling books …Living in the Bay Area these past years and listening to Dr. Savage on KSFO 560 AM I have become sort of fond of him and there is nothing I enjoy more than listening to him working himself up into one of his famous world beating rants. Savage’s only ideological flaw and blindspot is his ridiculous and poorly conceived support of Israel. Like Mark Levin, Savage’s willingness and enthusiam to endorse all things Israel despite the facts has no doubt cost him alot more than just credibility with people who don’t get their news from the Zionist owned media …On the topic of Israel both Savage and Levin are either Zionists masquerading as good guys …are horrendously uninformed (but only on this one topic …hmmm) or both. Either way I decided years ago that the good outweighs the bad and go channel surfing whenever they are paying the vig to their Zionists overlords who at least they think can take them down (which we know they can)

Liberalismisamentaldisease

That said Savagaes new book is a good one and one of the most timely and content rich books he has written. He knows whats really going on and in his book he tells us how it is. Buy the book and then pass it along or buty a copy for someone else who needs to read it. His insights into the O’bola scare is frightening and onpoint which has caused him to appear on the government radar once again and for CNN to try and tee him up for ridicule and mockery when he said what the rest of us have all been thinking. Savage had the moxy to suggest that Obama’s handling of the ebola scourge appears to be designed to spread the disease and not contain it. And that’s when the fight was on … Savage is 100% correct and its hard to put any other spin on whats going on today with ebola obama and the soon to take place take down of the USA. CNN thinks it has the bully pulpit with delusions of grandeir and ratings and viewers they dont have …and that Savage does.. Here are what some other bloggers had to say about this … Savage Rocks!  First up is Chelsea Schilling with the Illinois Social Media Law Blog.

CNN DUMBASS ATTACKS DR. MICHAEL SAVAGE ON EBOLA

Accuses Michael Savage of believing Obama ‘wants to infect soldiers, Americans’

Then WND had this to say .,…

Top-Radio-Host-Michael-SAVAGE-Calls-for-Answers-Over-MISSING-NUKES-ARTICLE-SIZE

CNN is accusing talk-radio host Michael Savage of spreading “wild conspiracy theories” about Ebola and claiming Obama is purposely trying to infect U.S. troops and the nation with the deadly virus.

“Speaking of wild conspiracy theories, conservative talk-radio host Michael Savage, who has one of the biggest radio audiences in the country, has even been suggesting that this is all some Obama plot to purposely infect the nation,” CNN’s Jake Tapper said in a segment on his show headlined, “Dangers of Ebola: Myths and misconceptions.”

michael-savage-endorsement

CNN then played a clip of Savage telling listeners of his nationally syndicated show, “There’s not a sane reason to take 4,000 troops and send them into a hot Ebola zone without expecting at least one of them to come back with Ebola, unless you want to infect the nation with Ebola.”

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Tapper then said, “It’s hard to even know where to start with that one – the idea that the president wants to infect soldiers and then Americans. It’s so unhinged, we should probably not bother dignifying it with fact-checking.” (Editor’s comment …Like they fact check any of their other manufactured or contrived propganda pieces…these people should be the first to swing from a rope when the SHTF)

Watch the segment below where Savage joins Alex Jones discussing his theory about whats going on and whats coming:

 

 
Read more at http://www.wnd.com/2014/10/cnn-savage-has-wild-conspiracy-theories-on-ebola/#z6lAGCLHYLDZtJy4.99

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In case you haven’t noticed the government has been working overtime with their lapdogs in the media to make sure there is no doubt about how evil and despicable ISIS is and repeating the rumor that they plan to take the battle to us on our own soil. This is 100% baloney. People, the war on terror is a hoax perpetuated by our own government, our own CIA, the Israeli Mossad and M16 and we are being played and manipulated and it’s time to wake up!

Al Qaeda

ISIS is only the most current scary evil bogeyman… created by our government for the purpose of having someone in place to take the blame for the coming false flag attack and to use to scare us into handing over our civil liberties in return for the governments protection. This is further proof that we are unquestionably the most gullible people on the planet. How do we know that the next false flag is imminent? Because we are hearing this message from every single news outlet in the US to the point where we even have super liberal Congressman demanding that Obama do something aggressive towards ISIS… An entity that we created and that doesn’t really exist the way it’s been presented to us.

ISIS is supposed to be a radical offshoot of the governments favorite manufactured boogeyman Al Qaeda that formed in civil ISIS is supposed to be a radical offshoot of the governments favorite manufactured boogeyman Al Qaeda that formed in civil war torn Syria which happens to be the country that the USA is being pressured to invade next on behalf of those peace loving Israeli’s who want us to break up the country into bite sized chunks so that Israel can grab some of their land with no fear of reprisals. The best description of al Qaeda comes from a British MP who said that

al-qaeda-cia-creation1

“Al Qaeda” is not actually a terrorist group, but a database of international Mujahadden and arms dealers/smugglers used by the CIA to funnel arms, money, and guerrillas”

The truth is, there is no Islamic army or terrorist group called Al Qaeda. And any informed intelligence officer knows this. But there is a propaganda campaign to make the public believe in the presence of an identified entity representing the devil only in order to drive the TV watcher to accept a unified international leadership for a war against terrorism. The country behind this propaganda is the US and the lobbyists for the US war on terrorism are only interested in making money.”

When the mainstream media ramps up their shrill rhetoric to a fever pitch like we are getting today and with even the most liberal congressmen ramping up their shrill rhetoric to a fever pitch you know that the shadow government is getting ready to make their move and are only waiting for the start of winter and the end of daylight savings time to attack the US …blame it on ISIS and then declare martial law and start grabbing for our guns. In short the shit is getting ready to hit the fan and I hope that everyone is adequately prepared because this time it will be bigger than ever before

false-flag

 

ahram goat

“An illusion it will be, so large, so vast, it will escape their perception.Those who will see it will be thought of as insane.
We will create separate fronts to prevent them from seeing the connection between us.
We will behave as if we are not connected to keep the illusion alive.
Our goal will be accomplished one drop at a time so as to never bring suspicion upon ourselves.
This will also prevent them from seeing the changes as they occur.

fulit
We will always stand above the relative field of their experience for we know the secrets of the absolute.
We will work together always and will remain bound by blood and secrecy. Death will come to he who speaks.
We will keep their lifespan short and their minds weak while pretending to do the opposite.
We will use our knowledge of science and technology in subtle ways so they will never see what is happening.
We will use soft metals, aging accelerators and sedatives in food and water; also in the air.
They will be blanketed by poisons everywhere they turn.
The soft metals will cause them to lose their minds.
2
We will promise to find a cure from our many fronts, yet we will feed them more poison.
The poisons will be absorbed through their skin and mouths; they will destroy their minds and reproductive systems.
From all this, their children will be born dead, and we will conceal this information.
The poisons will be hidden in everything that surrounds them, in what they drink, eat, breathe and wear.
We must be ingenious in dispensing the poisons for they can see far.
We will teach them that the poisons are good, with fun images and musical tones.
Those they look up to will help. We will enlist them to push our poisons.

memri
They will see our products being used in film and will grow accustomed to them and will never know their true effect.
When they give birth we will inject poisons into the blood of their children and convince them it is for their help.
We will start early on, when their minds are young, we will target their children with what children love most, sweet things.
When their teeth decay we will fill them with metals that will kill their mind and steal their future.
When their ability to learn has been affected, we will create medicine that will make them sicker and cause other diseases for whish we will create yet more medicine.
We will render them docile and weak before us by our power.
They will grow depressed, slow and obese, and when they come to us for help, we will give them more poison.
We will focus their attention toward money and material goods so they never connect with their inner self.
We will distract them with fornication, external pleasures and games so they may never be one with the oneness of it all.

1
Their minds will belong to us and they will do as we say.
If they refuse we shall find ways to implement mind-altering technology into their lives.
We will use fear as our weapon.
We will establish their governments and establish opposites within.
We will own both sides.
We will always hide our objective but carry out our plan.
They will perform the labor for us and we shall prosper from their toil.
Our families will never mix with theirs.
3
Our blood must be pure always, for that is the way.
We will make them kill each other when it suits us.
We will keep them separated from the oneness by dogma and religion.
We will control all aspects of their lives and tell them what to think and how.
We will guide them kindly and gently letting them think they are guiding themselves.
We will foment animosity between them through our factions.
When a light shall shine among them, we shall extinguish it by ridicule or death, whichever suits us best.
We will make them rip each other’s hearts apart and kill their own children.
We will accomplish this by using hate as our ally, anger as our friend.
The hate will blind them totally, and never shall they see that from their conflicts we emerge as their rulers.
They will be busy killing each other.
They will bathe in their own blood and kill their neighbors for as long as we see fit.
We will benefit greatly from this, for they will not see us, for they cannot see us.
We will continue to prosper from their wars and their deaths.
We shall repeat this over and over until our ultimate goal is accomplished.
We will continue to make them live in anger through images and sounds.
We will use all the tools we have to accomplish this.
The tools will be provided by their labor.

spanish-edition-zion
We will make them hate themselves and their neighbors.
We will always hide the divine truth from them; that we are all one.
This they must never know! They must never know that color is an illusion.
They must always think they are not equal.
Drop by drop, drop by drop we will advance our goal.
We will take over their land, resources and wealth to exercise total control over them.
We will deceive them into accepting laws that will steal the little freedom they have.
We will establish a money system that will imprison them forever, keeping them and their children in debt.
When they shall ban together, we shall accuse them of crimes and present a different story to the world for we shall own all the media.
We will use our media to control the flow of information and their sentiment in our favor.
When they shall rise up against us we will crush them like insects, for they are less than that.
They will be helpless to do anything for they will have no weapons.
4
We will recruit some of their own to carry out our plans.
We will promise them eternal life, but eternal life they will never have for they are not of us.
The recruits will be called “initiates” and will be indoctrinated to believe false rites of passage to higher realms.
Members of these groups will think they are one with us never knowing the truth.
They must never learn this truth for they will turn against us.
For their work they will be rewarded with earthly things and great titles, but never will they become immortal and join us.
Never will they receive the light and travel the stars.
They will never reach the higher realms, for the killing of their own kind will prevent passage to the realm of enlightenment.
This they will never know.
The truth will be hidden in their face, so close they will not be able to focus on it until it is too late.
Oh yes, so grand the illusion of freedom will be, that they will never know they are our slaves.
When all is in place, the reality we have created for them will own them.
This reality will be their prison.
They will live in self-delusion.
When our goal is accomplished a new era of domination will begin.
Their minds will be bound by their beliefs, the beliefs we have established from time immemorial.
But if they ever find out they are our equal, we shall perish then.
THIS THEY MUST NEVER KNOW.

TheProtocolsOfZion

If they ever find out that together they can vanquish us, they will take action.
They must never, ever, find out what we have done, for if they do, we shall have no place to run, for it will be easy to see who we are once the veil has fallen.
Our actions will have revealed who we are and they will hunt us down and no person shall give us shelter.
This is the secret covenant by which we shall live the rest of our present and future lives, for this reality will transcend many generations and life spans.
This covenant is sealed by blood, our blood.
We, the ones who from heaven to Earth came.
This covenant must NEVER, EVER be known to exist.
5
It must NEVER, EVER be written or spoken of for if it is, the consciousness it will spawn will release the fury of the PRIME CREATOR upon us and we shall be cast to the depths from whence we came and remain there until the end time of infinity itself.

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