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ZIONISM

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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Will Obama Give Israel Even More American Weapons and Dollars to Kill Palestinians?

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President Obama met with Israeli Prime Minister Netanyahu on November 9 in the White House and is considering the Israeli request to give a 50% increase of nearly $1.5 billion in U.S. military funding bringing the U.S. donation to the killing of Palestinians in the West Bank and Gaza to $4.5 billion a year.

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As it stands now, more that half of the U.S. foreign military spending for 2016 goes to Israel. As in all things, Israel gets special treatment by the U.S. allowing Israel to spend 25% of its gift from the U.S. to pay itself for buying weapons from its own weapons industry!

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According to a recent congressional report, Israel has received $124.3 billion in military assistance from the US since its founding in 1948.

The report states that “strong congressional support for Israel has resulted in Israel receiving benefits not available to any other countries; for example, Israel can use U.S. military assistance both for research and development in the United States and for military purchases from Israeli manufacturers.

In addition, U.S. assistance earmarked for Israel is generally delivered in the first 30 days of the fiscal year, while most other recipients normally receive aid in installments, and Israel (as is also the case with Egypt) is permitted to use cash flow financing for its U.S. arms purchases.

In addition to receiving U.S. State Department-administered foreign assistance, Israel also receives funds from annual defense appropriations bills for rocket and missile defense programs. Israel pursues some of those programs jointly with the United States.”

As Obama was meeting Netanyahu, eight blocks away at the Palestine Center in Washington, DC, a surgeon from Norway who works on behalf of his university part of each year in al Shifa hospital in Gaza, told of the devastation, destruction and human suffering these American weapons and dollars cause.

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Dr. Mads Gilbert spoke of 51 days of terror in Gaza in the summer of 2014 as the Israeli Attack forces brutalized the people of Gaza with Israeli and U.S. artillery, assassin drone ordnance, F16s, hellfire missiles and dense inert military explosives. Gilbert said that the 2014 Israeli attack on Gaza was 500% stronger than 2009 attack. He was working at al Shifa hospital in 2009 when the IDF attacked Gaza. In 2014, the IDF fired 50,000 of those shells into Gaza and  conducted over 6,000 airstrikes, destroying over 3,500 buildings in Gaza City alone including over 50% of the hospitals in Gaza.

At the end of the 51-day attack, 2250 Palestinians were dead, including 551 children and 299 women.  3,500 Palestinian children were wounded and the 1 million children and youth who live in Gaza were all deeply affected by the attacks. 60 percent of the 1.8 million who live in Gaza are under the age of 22.

CHECK OUT THE REST OF THIS INSIGHTFUL ARTICLE AT IT’S 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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What to do when things no longer make sense?

By Elizabeth  November 28th, 2014

Lately I get this feeling that I am living in some alternate reality where nothing makes any sense. Representatives of the people no longer represent their wishes or values…the executive has put the best interests of the people he serves behind the party he belongs too and tens of millions of foreigners and grifters who have come to take down this once great country. Of course I am talking about Obama’s latest royal edict opening our borders to a flood of illegal aliens all looking for that free chicken in every pot…the free health care…the free section 8 housing…the free money from TANF…free child and day care… free food… free education…free tutors for their children …free band instruments …free everything! What’s happened to this country?

O4

“But Elizabeth,  Reagan and Bush did the same exact things where was your outrage then?”

Well for starters had I been alive …even just a toddler I would have been outraged. Secondly, there is no comparison between the two because Reagan and Bush were interpreting a law that congress had passed and Obama is acting alone because congress didn’t do what he wanted them to do … sorry, that’s not how it works in this country. BUT, while Reagan and Bush 41 provide no precedent for Obama’s illegal amnesty (by executive order), Hoover, Truman,  and Eisenhower do.

During The Great Depression, Hoover ordered the deportation of ALL illegal aliens in order to make jobs available to American citizens that desperately needed work. Then, at the end of World War II, Truman deported over two million illegal aliens to ensure that returning veterans would find work. And again in 1954, Eisenhower deported 13 million Mexican Nationals! The program was called “Operation Wetback”. He did it so WWII and Korean Veterans would have a better chance to get a job and return to their former lives. Wait a minute… you mean that we deported Mexicans because they were taking jobs away from US Citizens who had been overseas at war and then when they started to return we sent them home so our legal citizens would have jobs? You mean we protected our own legal citizens first? What’s changed? It hasn’t been the values of a majority of Americans…what has changed are the values of the people running our government. If they could deport the illegal aliens to protect American jobs for American’s back then – they have 30-40 million good reasons to do it again now, along with the millions and millions of unemployed who would benefit. Sheeple, illegal aliens should be deported, not supported. We are a country of laws, that’s what makes us unique. What’s happened to this country? When things start to happen like this that don’t make sense and aren’t consistent with our values then the people have an obligation to speak up

OOThis should not be a Republican vs Democrat thing at all, and trust me when I tell you that the Republicans we just sent back to the majority in both houses will NOT do a thing to stop this other than give it lip service and pretend to be outraged. Republicans, like their Democrat friends “across the aisle” are hypocrites, and political whores. They want cheap labor and to drive down wages for financially crushed American families. They rubber stamp H1B Visas to make our college degrees worthless, they complain about Obama’s unconstitutional actions but secretly want this slave caste of illiterate workers who are used to abusive conditions with unfair pay. The Democrats also see this next wave of illegal aliens as the next voting block who’s votes they can buy with our tax dollars in order to keep themselves in power for the next 50 years until they figure out …like the blacks are figuring out now, that Democrats require a victim class to sell their class envy and bad policy ideas too and in the final analysis they will do nothing to improve their station in life.

Let’s face the facts here guys, If the GOP cared that much about the US Constitution they would immediately vote to defund the NSA, and immediately overturn the Patriot Act. They would put an immediate halt to all domestic spying …toss Eric Holder in jail (versus not having a serious conversation for him to join the Supremes…I could not make this up).

If allowed to go through …Obama’s executive amnesty will provide an estimated 5 million illegal aliens (his number not mine …the real number is likely to be just south of 10 million) with the exact benefits Congress rejected, in violation of federal law. His order will grant them social security numbers, government-issued ID’s, legal status and work permits and cost the US taxpayers an estimated 2 trillion dollars over the next 10 years. Illegal aliens will now be able to take jobs and benefits directly from struggling Americans in a time of high unemployment and low wages. They will be able to take jobs from Americans in all occupations, ranging from truck drivers to power company workers to jobs with city government. Many illegal aliens will also be able to obtain green cards and become permanent residents, allowing them access to almost all federal programs, to receive citizenship and sponsor foreign relatives to join them in the U.S.

FESenator Jeff Sessions said it most succinctly when he wrote:

“In addition to providing formal amnesty benefits for 5 million illegal immigrants, President Obama has also eliminated virtually all enforcement with respect to the other nearly 7 million illegal immigrantsin the United States. As the president’s own former ICE Director, John Sandweg said: “if you are a run-of-the-mill immigrant here illegally, your odds of getting deported are close to zero.”

All you have to do is get into the country from anywhere on globe — whether through the border or by overstaying a visa — and you are free to remain, take jobs and receive benefits. This year alone, the White House has released into the United States more than 100,000 illegal immigrants who simply showed up at the border and demanded entry.

O1

And now, with a single pen stroke, President Obama is obliterating what little remains of Americans’ immigration protections. Not only will millions of low-wage illegal immigrants rush into the labor market, but they will collect billions in taxpayer dollars as well. These costly government benefits range from child tax credits, to public housing to the likelihood that amnestied immigrants will rely on taxpayers for medical and retirement benefits.

Only a short time ago, President Obama himself admitted this action would be illegal and unconstitutional: “I know some people want me to bypass Congress and change the laws on my own” he explained, adding “that’s not how our democracy functions. That’s not how our Constitution is written.” President Obama also said that: “The problem is that I’m the president of the United States, I’m not the emperor of the United States. My job is to execute laws that are passed.”

Apparently, America now has its first emperor.

O2

And he has issued an imperial order to dissolve America’s borders. Millions more will enter and demand the same amnesty benefits as those who came before. The entire moral foundation and consistency of our laws will have been eviscerated. Law enforcement officials have repeatedly warned that the president’s new amnesty will unleash a “tidal wave” of illegal immigration. The impact on our jobs, wages, hospitals, schools, police departments and neighborhoods will be crushing.

A second hammer blow will be dealt by the president’s unilateral increase in foreign worker programs for large corporations, including technology corporations. Currently, two-thirds of all new jobs in the IT industry are being filled by foreign workers — and yet the president wants to dramatically surge foreign worker admissions even further. This at a time when the Census Bureau tells us more than 11 million Americanswith science, technology, engineering and math degrees don’t have jobs in those fields.

President Obama is auctioning off America’s middle class to the highest bidders.

Immigration already stands at record levels and is rising quickly. Between 2000 and 2014 — a period during which the government issued nearly 30 million lawful visas to foreign workers and permanent immigrants — all net employment gains among the working-age went to imported labor. Now the president is planning to unilaterally increase immigration even further — all to placate a few billionaire lobbyists and open border extremists.

The great task before the nation now is to resist this imperial decree and return control of this nation to its own citizens — as our Constitution established.

That task begins with Congress refusing to allow a dime of money to be spent executing this unlawful amnesty. This is a routine, constitutional and crucial application of congressional power.

If Democrat lawmakers join Republicans in blocking funds for his unlawful plan, the president will be stopped. Americans must ask their representatives this one question: do you serve the citizens of this country and their Constitution — or not??”

Well??

former-al-qaeda-leader-says-that-the-cia-runs-al-nusra-al-qaeda

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

 

 

045-0822062952-palestinian-loss-of-land-1946-2010-CustomWritten by Stephen Lendman
Date: August 23, 2014
Subject: Israel – Palestine

Pro-Israeli Security Council Gaza Resolution
by Stephen Lendman

On August 21, Washington joined Germany, Britain and France. They presented a largely one-sided Security Council resolution to end over six weeks of conflict. It’s pro-Israeli. It’s pro-Western. It’s anti-Palestinian. It’s more Gazan Versailles than legitimate peace plan. It demands rejection.  It’s in lieu of what’s fundamentally needed:
A resolution holding Israel responsible for premeditated genocidal aggression;  holding Netanyahu and other Israeli officials accountable; ordering them prosecuted in a Nuremberg-style tribunal;

  • unconditionally ordering Gaza’s siege be lifted;
  • mandating Israel alone pay for damage it caused, compensate surviving family members for their losses, and fully cover the cost of ?medical treatment for injured Gazans;
  • assuring long denied justice for beleaguered Gazans;
  • ordering Israel to halt settlement construction;
  • mandating an end to occupation; and
  • guaranteeing support for unconditional Palestinian self-determination within 1967 borders by a specified date.
  • The current resolution is deeply flawed. Claiming it’ll end fighting is fantasy. Or achieve any form of long denied justice. The two-page document is titled “Elements.”

They include:

  • returning Gaza to PA control;
  • reconstructing it under international supervision;
  • wanting it kept defenseless against certain future Israeli aggression;
  • restarting sham Israeli-Palestinian peace talks; and

doing so based on what Israel categorically rejects – within pre-1967 borders – with no enforcement teeth. Fact: Abbas and other PA officials are longtime Israeli collaborators.

Z11100

Fact: They have no legitimacy.
Fact: They serve as Israeli enforcers. \
Fact: They betray their own people.
Fact: Hamas is Palestine’s democratically elected government.
Fact: International law prohibits any nation or combination thereof from interfering in the internal affairs of others.
Fact: Palestinians alone may decide who’ll govern them under laws, principles and norms they choose.
Fact: Not Israel, Washington, Germany, Britain, France, or Security Council resolution denying them their inalienable right.

 

FALSE FLAHG
The proposed document condemns “all violence and hostilities directed against civilians, as well as indiscriminate attacks resulting in civilian casualties, and all acts of terrorism.”It calls for an “immediate, sustainable” ceasefire on both sides. It’s based on the following principles:

  • returning Gaza to PA control;
  • undefined security arrangements to prevent resumption of hostilities;
  • denying Hamas the right of self-defense;
  • doing so by prohibiting all weapons and munitions sales to Gaza without PA permission;
  • preventing the financing of Israel’s notion of terrorism;
  • assuring Gazan self-defense is defined this way;
  • assuring Israeli aggression is called its right to self-defense;
  • Lifting “economic and humanitarian restrictions” short of unconditionally ending siege;
  • permitting reconstruction, economic rehabilitation and development based on what Israel will allow under rules it establishes;
  • reopening all border crossings without assurances against future unilateral Israeli closures; and doing so in accord with the 2005 Agreement on Movement and Access. Washington and Israel brokered it. It was supposed to let PA officials control border crossings after Israel’s 2005 Gazan Disengagement.

Israeli%20Mossad%20Motto

The resolution establishes a Western controlled international monitoring and verification body.

It would oversee implementation of agreed on principles, investigate ceasefire violations, inform the Security Council, facilitate movement of people and goods, as well as “ensure effective communications” between both sides.

Other draft provisions include:

helping PA officials establish “effective governance” in Gaza – under rules acceptable to Israel and Western states;

urging UN member states to contribute to rebuilding Gaza;

doing so in lieu of demanding Israel pay for the enormous damage it caused;

holding an international conference on rebuilding Gaza;

urging attending nations to help pay Gazan civil servants and aid PA security forces; and initiating “renewed and urgent efforts by the parties and the international community to resume the negotiations in order to achieve a comprehensive peace based on the vision of two democratic states, Palestine and Israel, living side by side on the basis of the pre-1967 borders in peace and security.”

MADE-BY-MOSSAD2

It’s hard imagining Hamas and other Palestinian resistance groups accepting what demands rejection.

The draft resolution violates international law. It’s a dagger in the heart equity, justice and peace.

It lopsidedly favors Israel. It renders Hamas defenseless. It offers what Israel can unilaterally abrogate for reasons it invents.

It puts longtime Palestinian collaborators in charge of governing Gaza. It assures justice denied.

It restarts sham peace talks. It proposes doing so on terms Israel categorically rejects.

It perpetuates the greatest hoax in modern times. Talks were stillborn from inception. Israel rejects peace and stability.

Palestinians have no say whatever. They’ve been brutalized for decades. They’re denied all rights. They’re virtual prisoners in their own land.

Oslo was unconditional Palestinian surrender. So were Oslo II, Wye River, Camp David, Taba, Bush’s Road Map, Annapolis, other negotiating rounds, and the most recent failed talks had they continued.

The current Security Council proposal holds Gazans hostage to Israeli and Western diktats.

It leaves Israel unaccountable for high crimes against peace. It assures future Israeli aggression.

It lets occupation harshness continue. It perpetuates decades of injustice. It leaves Palestinians isolated on their own.

It gives Israel wiggle room to interpret provisions to its own advantage. It denies Gazans the same right. It leaves major issues unaddressed.

jewish_tyranny

They include:

  1. internationally guaranteed/universally recognized Palestinian sovereignty;
  2. ending occupation;
  3. letting diaspora Palestinians return;
  4. compensating them and Palestinian refugees for land and possessions Israel stole;
  5. ending settlement construction on stolen Palestinian land;
  6. giving Palestinians control of their airspace, coastal waters, and resources (including offshore gas reserves); as well as East Jerusalem as their exclusive capital.
  7. The resolution instructs UN Secretary-General Ban Ki-moon to initiate proposals to “implement the relevant provisions.” He’s a longtime pro-Western/pro-Israeli imperial tool.
  8. It lets Security Council members circumvent international law. It lets them impose punitive measures if either side violates resolution provisions. It assures imposition on Palestinians alone.
  9. It lets pro-Israeli Western nations force-feed unacceptable terms on Gaza. It gives Gazans no say. It punishes them for rejecting unacceptable demands.

saudi

It destroys Fatah/Hamas unity. It perpetuates longstanding injustice. It assures future conflict. Current Israeli genocidal aggression continues. Western leaders support it. Israel murdered nearly 2,100 Palestinians. Over 10,300 were injured Large parts of Gaza lie in ruins. A pre-dawn air strike killed three al-Qassam Brigades commanders. On Friday, thousands of Palestinians marched through Rafah. They did so in mourning. They honored Mohammed Abu Shamalah, Mohammed Barhoum and Raed Attar.  Their deaths came a day after Israel unsuccessfully tried to assassinate senior al-Qassam Brigades leader Mohammed Deif.  An airstrike on his home killed his wife and eight-month-old son. Netanyahu tried to link his aggression to Obama’s war on the Islamic State in Iraq.  He lied calling both groups a “branch of the same tree.” He did so without a shred of credible evidence. None exists.  At the same time, Israel activated another 10,000 reserves. Hardliners Economy Minister Naftali Bennett, Foreign Minister Avigdor Lieberman, Defense Minister Moshe Ya’alon and others want Hamas entirely destroyed.

Perhaps a second ground invasion will follow. Since Israel sabotaged Cairo talks, it murdered around five dozen more mostly civilian Palestinian men, women and children.  They included five family members digging a grave in Sheikh Radwan cemetery. They were doing so for lost loved ones.  They were noncombatants. They posed no threat. Israel deliberately murdered them in cold blood. It considers civilian men, women, children, infants, the elderly and infirm legitimate targets.  Doing so is part of its longstanding collective punishment policy. It’s in flagrant violation of international law.  It doesn’t matter. Western leaders support Israeli genocide. They turn a blind eye to its worst high crimes against peace. They continue daily throughout Occupied Palestine. Gazans suffer most. Long denied justice is nowhere in sight. The US/German/British/ French resolution assures keeping things this way.  Palestinians remain isolated on their own. Gazans remain trapped on their own land.  Israel is free to wage aggressive wars on whatever pretexts it invents. Business as usual continues.

levick01

 

Stephen Lendman lives in Chicago. He can be reached at lendmanstephen@sbcglobal.net. His new book as editor and contributor is titled “Flashpoint in Ukraine: US Drive for Hegemony Risks WW III.” http://www.claritypress.com/LendmanIII.html Visit his blog site at sjlendman.blogspot.com. Listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network. It airs three times weekly: live on Sundays at 1PM Central time plus two prerecorded archived programs. http://www.progressiveradionetwork.com/the-progressive-news-hour

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