Archive for the ‘Banksters and Gangsters’ Category

Financial Market Manipulation is the New Trend: Can It Continue?

aa-market manipulation - 12-18-14 Think about this for a minute. Allegedly the US is experiencing economic recovery. Normally with rising economic activity interest rates rise as consumers and investors bid for credit. But not in this “recovery.” Normally an economic recovery produces rising consumer spending, rising profits, and more investment. But what we experience is flat and declining consumer spending as jobs are offshored and retail stores close. Profits result from labor cost savings from employee layoffs. The stock market is high because corporations are the biggest purchases of stock. Buying back their own stock supports or raises the share price, enabling executives and boards to sell their shares or cash in their options at a profitable price. The cash that Quantitative Easing has given to the mega-banks leaves ample room for speculating in stocks, thus pushing up the price despite the absence of fundamentals that would support a rising stock market. In other words, in America today there are no free financial markets. The markets are rigged by the Federal Reserve’s Quantitative Easing, by gold price manipulation, by the Treasury’s Plunge Protection Team and Exchange Stabilization Fund, and by the big private banks. http://www.paulcraigroberts.org/2014/12/17/financial-market-manipulation-new-trend-can-continue/


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Memo To Citigroup CEO Michael Corbat: Does Your Crony Capitalist Plunder Know No Shame?

aa-banksters - w uncle sam on wall street By contrast, today we have almost the opposite history. Wall Street is run by a generation that has been bailed-out too many times to count and that has been blatantly and egregiously coddled by perverse central bank theories and practices that have turned the nation’s capital and money markets into veritable gambling casinos. This includes such practices as the stock market “puts”, the “wealth effects” doctrine and years and years of ZIRP. The latter is nothing more than free gambling money that can be used to fund the carry trades—-that is, using free overnight money to buy anything with a yield or prospect of short-term gain—–and that can be rolled over day after day with the assurance from the Eccles building that the cost of carry is fixed and subject to change only upon ample notice. In fact, the spoiled rotten generation now running Wall Street is the reason for this post, and why it is addressed to the Citigroup CEO. The unconscionable raid on the taxpayers that Senator Warren is desperately trying to forestall did not occur because Citigroup’s hirelings were sitting around K-Street looking for an issue on which to bill their client. No, the command to mount this despicable attempt to take the entire budget of the United States hostage in the middle of the night came straight from the C-suite at Citigroup. So just consider the monumental hutzpah of Michael Corbat and his Wall Street confederates. http://davidstockmanscontracorner.com/memo-to-citigroup-ceo-micheal-corbat-does-your-crony-capitalist-plunder-have-no-shame/


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This Time is the Same: Like the Housing Bubble, the Fed is Ignoring the Shale Bubble in Plain Sight

aa-banksters - w uncle sam on wall street We are now far advanced into the third central bank generated bubble of the last two decades, but our monetary politburo has taken no notice whatsoever of its self-evident leading wave. Namely, the massive malinvestments and debt mania in the shale patch.Call them monetary bourbons. It is no exaggeration to say that inhabitants of the Eccles Building deserve every single word of Talleyrand’s famous epithet: “They learned nothing and forgot nothing.”To wit, during the last cycle they claimed to be fostering the Great Moderation and permanent full employment prosperity. It didn’t work. http://www.lewrockwell.com/2014/12/david-stockman/the-shale-bubble-is-worse-than-the-housing-bubble/


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Dis-Accumulation on a World Scale: Pillage, Plunder and Wealth

aa-Republicrats - two parties one ideology Over the past 30 years, wealth has grown exponentially and has become increasingly concentrated foremost in the upper .01%, then the .1%, followed by the 1% and the upper 10% – 20%. http://petras.lahaine.org/?p=2015


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‘The Wolf of Wall Street’ — the Movie

aa-movie - wolf of wall street 2 As we recently saw with my review of Jordan Belfort’s bestseller The Wolf of Wall Street, there are many pronounced Jewish themes in the memoir. Frankly, I’d never noticed the book, but this year I did get the DVD of the film based on the book, and that alerted me. Begin with this howler: As the diminutive Jewish stock fraudster Jordan Belfort, director Martin Scorsese chose none other than six-foot-tall, (sometimes) blond-haired Leonardo DiCaprio. This has to go down as one of the most egregious miscastings in Hollywood history. Why did it happen? I will argue that this is a classic case of Hollywood deceiving the public, and I have plenty of evidence for this. http://www.theoccidentalobserver.net/2014/11/the-wolf-of-wall-street-the-movie/


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Smoking Mirrors

aa-banksters - usury Shakespeare was precise; “first we kill all the lawyers.” Without lawyers, Bankers could not conduct their business. When are lawyers of the greatest importance? It is in the time when the rule of law has been subverted to serve the interests of the rich and powerful, to the detriment of the people. Then you need lawyers to fold, spindle and mutilate whatever stands in the way of their free enterprise and performance of personhood, which, dripping with irony means, the enslavement of the populace. http://www.smoking-mirrors.com/#.VHXlLNxF_MM.email


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Have Central Banks Entered an Undeclared War?

aa-chessboard - good one Let’s start by noting that central banks play two games: one is pure public relations: marionettes on strings beat deflation with sticks and declare they’ll save financial parasites with “whatever it takes” monetary policies. Meanwhile, their actions may be mere shadows of the bold policies being trumpeted, or they may be extremes nobody dares make public, for example the Federal Reserve’s $16 trillion bailout of literally the entire Western banking sector in the last Global Financial Meltdown. http://www.zerohedge.com/news/2014-11-21/have-central-banks-entered-undeclared-war


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America Watches in Stunned Disbelief as Afghanistan Jails Two Failed Bank Executives

aa-banksters - w uncle sam on wall street Spot the banana republic: Nation #1 spends and issues tens of trillions in taxpayer funds and debt, crushing the growth potential of future generations, just to bail out a banking sector full to the brim with criminal “riggers” (as today’s settlements once again prove), where bubble mania was so pervasive not a single bank would have survived absent a global central bank bailout, and where bank executives wouldn’t bend over for anything less than a million. Nation #2 just sentenced two senior officials of a bank that collapsed under (a measly by New Normal standards) $1 billion in debt to 15 years in prison each for embezzlement and fraud. Nation #1 is, of course, the US (or any other western nation). Nation #2 is Afghanistan. http://www.zerohedge.com/news/2014-11-12/america-watches-stunned-disbelief-afghanistan-jails-two-failed-bank-executives


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Why Japan’s Money Printing Madness Matters

aa-map of Japan This is getting hard to believe. The announcement that Japan has plunged into a triple dip recession should have been lights out for Abenomics. But, no, its madman prime minister has now called a snap election to enlist more public support for his campaign to destroy what remains of Japan’s economy. And what’s worse, he’s not likely to be stopped by the electorate or even the leadership of Japan Inc, which presumably should know better. http://davidstockmanscontracorner.com/why-japans-money-printing-madness-matters/


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A Global House of Cards

aa-banksters - good poster The extent of financial corruption involving collusion between the mega-banks and the financial authorities is unfathomable. The Western financial system is a house of cards resting on corruption. The house of cards has stood longer than I thought possible. Can it stand forever or are there so many rotted joints that some simultaneous collection of failures overwhelms the manipulation and brings on a massive crash? Time will tell. http://www.paulcraigroberts.org/2014/11/14/global-house-cards-paul-craig-roberts/


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And It’s Gone: Ukraine Admits ‘There is Almost No Gold Left in the Central Bank Vault’

aa-banksters - 10-19-13 Back in March we reported of a strange incident that took place just after the Ukraine presidential coup, namely that according to at least one source, “in a mysterious operation under the cover of night, Ukraine’s gold reserves were promptly loaded onboard an unmarked plane, which subsequently took the gold to the U.S.” Needless to say there was no official confirmation of any of this taking place, and in fact our report, in which we mused if the “price of Ukraine’s liberation” was the handover of its gold to the Fed at a time when Germany was actively seeking to repatriate its own physical gold located at the bedrock of the NY Fed, led to the usual mainstream media mockery. Until now. In an interview on Ukraine TV, none other than the head of the Ukraine Central Bank made the stunning admission that “in the vaults of the central bank there is almost no gold left. There is a small amount of gold bullion left, but it’s just 1% of the gold reserves.” http://www.zerohedge.com/news/2014-11-18/ukraine-admits-its-gold-gone

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The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare

aa-banksters - not jailed but protestors are She tried to stay quiet, she really did. But after eight years of keeping a heavy secret, the day came when Alayne Fleischmann couldn’t take it anymore. “It was like watching an old lady get mugged on the street,” she says. “I thought, ‘I can’t sit by any longer.’” Fleischmann is a tall, thin, quick-witted securities lawyer in her late thirties, with long blond hair, pale-blue eyes and an infectious sense of humor that has survived some very tough times. She’s had to struggle to find work despite some striking skills and qualifications, a common symptom of a not-so-common condition called being a whistle-blower. Fleischmann is the central witness in one of the biggest cases of white-collar crime in American history, possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion (not $13 billion as regularly reported – more on that later) to keep the public from hearing. http://www.rollingstone.com/politics/news/the-9-billion-witness-20141106

 


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Gold and Silver and the Power of Central Bankers

aa-gold - huge block of gold When considering Precious Metals, fundamentals do not apply, and that is key to understanding how to relate your holdings of physical and/or interest in gold and silver. Nothing else matters. Precious metals are being driven by one thing only: survival of the elite’s world-wide fiat system, aka paper debt foisted on the public and called “money.” http://www.silverdoctors.com/gold-and-silver-charts-show-power-of-elites-central-bankers/


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It Begins: German Bank Charging Negative Interest to Its Customers

aa-bail-in - very good cartoon We’ve already seen this at the institutional level: commercial banks in Europe are paying the ECB negative interest on certain balances. And large investors are paying European governments negative interest on certain bonds. Now we’re seeing this effect bleed over into retail banking. It’s starting with higher net worth individuals (the average guy doesn’t have half a million euros laying around in the bank). But the trend here is pretty clear– financial repression is coming soon to a bank near you. It almost seems like an episode from the Twilight Zone… or some bizarre parallel universe. That’s the investment environment we’re in now. Bottom line: if you’re responsible with your money and set some aside for the future, you will be penalized. If you blow your savings and go into debt, you will be rewarded. http://www.silverdoctors.com/it-begins-german-bank-charging-negative-interest-to-its-customers/


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Central Planners are in a State of Panic

aa-bail-in - very good cartoon They are trying everything and anything to create market validation for their policies, watching with trepidation as their favored economic metrics fail to respond to all of their frenzied efforts. They are so far over the tips of their skis right now that there’s nothing they won’t do. They’ve summarily thrown granny under the bus because they have this idea that negative real interest rates are the cure. The cure for what? The massive amounts of debts and imbalances their prior policies caused. So savers are punished in the pursuit of policy. You know, ‘for the greater good’ and all that. They’ve spurred the greatest wealth gap ever in US history, greater even than at the extremes of the Great Depression, apparently without the slightest concerns for Plutarch’s ancient admonition that “An imbalance between rich and poor is the oldest and most fatal ailment of all republics.” They’ve even gone so far in Europe as to now force negative nominal interest rates on savers, dispensing with their usual slight-of-hand of letting inflation steal from each unit of currency in their system. When you’re panicking, there’s no time for subtlety. http://www.peakprosperity.com/blog/88617/central-planners-state-panic


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50 Percent of American Workers Make Less Than $28,031 a Year

aa-serfs and peasants good one The Social Security Administration has just released wage statistics for 2013, and the numbers are startling. Last year, 50 percent of all American workers made less than $28,031, and 39 percent of all American workers made less than $20,000. Every avenue of prosperity for the middle class is under assault, and there does not appear to be much hope that this will change any time soon. And the truly frightening thing is that this is about as good as things are going to get for the middle class. As if things weren’t already bad enough for the average American worker, we are rapidly approaching the next major wave of our long-term economic decline. http://www.silverdoctors.com/50-percent-of-american-workers-make-less-than-28031-a-year/


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Land of the Free Watch: Wall Street Can Now Disable Your Car When You’re Driving on the Freeway

aa-car - driver Imagine this scenario: You’re on an important trip miles from home and stopped in traffic, but before you can continue on your way, your car shuts down. You’ve got enough gas in the tank and no mechanical problems. But you’re stranded far from home because you’re a few days late on your car payment and the lender won’t let you drive until the debt is paid. If this sounds like part of a dystopian future in which repo men are now cyborgs, it’s not. It’s happening today and becoming a big part of the new automotive landscape. Car dealers and automotive lenders are targeting those with poor credit by installing GPS-based kill switches, or starter-interrupt devices, on the cars that they sell. The New York Times recently reported that about 2 million cars are now outfitted with such kill switches in the U.S., which is about one-quarter of subprime car loans, and creditors are not shy when it comes to remotely disabling cars whose owners are behind on their payments. http://www.alternet.org/subprime-lending-car-buyers-fueling-bubble?paging=off&current_page=1#bookmark


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Debt on Wheels

aa-debt bubble Soaring auto sales are not so much a sign of a strong economy as they are an indication of financial hanky-panky. We saw this same type of fakery play out in housing between 2004 – 2006, when prices went through the roof due to a mortgage-lending scam (“subprime”) that crashed the stock market and sent the economy reeling. Now the bigtime money guys are at it again, writing up auto loans for anyone who can sit upright in a chair and scribble an “X” on the dotted line. As a result, car sales have surged to over 16 million for the last 6 months. (A full 7 million more than the low point in January, 2009.) And it’s not hard to see why either. The finance gurus are packaging these sketchy subprimes into bonds, offloading them on eager investors, and recycling the profits into more crappy loans. It’s a perfect circle and it won’t end until the loans start blowing up, jittery investors head for the exits, and Uncle Sugar rides to the rescue with more bailouts. http://www.counterpunch.org/2014/11/05/debt-on-wheels/


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The Middle Class is Collapsing in the United States

aa-American dream - George Carlin In 1970, general tuition at the University of Pennsylvania was $2,550 per year, roughly 33% of the median household income at the time ($7,559). Bear in mind this was at a time when most households were still supported by a single income. By 2012, however, general tuition at the same school had risen to $42,734—over 86% of the median household income ($49,486) at a time when many households had become dual income. This means that the price of a piece of paper from university went from 33% of a single income to 86% of two incomes combined. This is unbelievable cost increase that illustrates a very clear divide that’s forming in the West. Yes — inflation exists. It’s hidden. It’s long-term. But it exists. And over a period of years… even decades… it changes the very fundamentals of civilization. http://www.silverdoctors.com/new-study-the-middle-class-is-collapsing-in-the-united-states/


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Wall Street Spends Record Sum in Midterm Election (Betting on Republican Puppets This Time)

aa-Republicrats - sheeple If you think anything is going to change for the better after Republicans take control of the Senate, you might have come down with a severe case of stupidity. Just like the Democrats before them, the new crop will answer to the same Wall Street masters. http://www.silverdoctors.com/wall-street-spends-record-sum-in-midterm-election-betting-on-republican-puppets-this-time/


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The Deformation of Capitalism

aa-David Stockman and Ronald Reagan In the past, part of the promise of the American dream was that anyone who worked hard enough could eventually improve his or her situation. Today the wealthy enjoy most of the fruits of U.S. capitalism and the most salient feature of the system is the fear of fear. No one knows what might happen if the Fed raises interest rates next year as planned. Will pressure from rising costs cause the government deficit to explode? Will the stock market bubble burst and will financial institutions collapse? Will the economy crash? Only one thing is certain: In the seventh year of the financial crisis, the U.S. economy is still addicted to debt and cheap money. Worst of all, the withdrawal phase hasn’t even begun. http://davidstockmanscontracorner.com/the-zombie-system-how-capitalism-has-gone-off-the-rails-part-3-the-deformation-of-capitalism/


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Why the Financial and Political System Failed

aa-casino capitalism We have a private financial system that routinely commits financial crimes against humanity with miniscule punishments, as approved by the government. We don’t even have a free market system based on the impossible notion of full transparency and opportunity, we have a publicly funded betting arena, where the largest players are the most politically connected and the most powerful politicians are enablers, contributors and supporters. We talk about wealth inequality but not this substantial power inequality that generates it. Today, neither the leadership in Washington, nor throughout Europe, has the foresight to consider what kind of real stress would happen when zero and negative interest rate and bond-buying policies truly run their course and wreak further havoc on their respective economies, because the very banks supported by them, will crush people, now in a weaker economic condition, more horrifically than before. http://www.paulcraigroberts.org/2014/11/04/financial-political-system-failed-nomi-prins/


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Wall Street, Money and the Merchant Class

aa-banksters - w uncle sam on wall street Honest business disappears when the merchant class is forced out of the market place. Prices are fixed when monopolies are allowed to dominate an industry. Former owners, are now forced into working for a company where they were once the competitor. Consumers are subject to pay higher prices, bear non existent service and dumbed down support. All the while the Banks prosper, the Street gets its bonuses and the Government increases their taxes and expand their bureaucracy. False euphoria in retirement accounts can and have been shaken to the core. Your money is not real, but invariably will diminish in stable value in order to satisfy the debt that brought it into circulation. You have faced the prospects of business bankruptcy because of predatory pricing and oppressive business practices of corporate rivals. And Wall Street claims they are the Capitalists! http://batr.org/view_/080401.html


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Good Riddance To QE — It Was Just Plain Financial Fraud

aa-Dees - money QE has finally come to an end, but public comprehension of the immense fraud it embodied has not even started. In round terms, this official counterfeiting spree amounted to $3.5 trillion— reflecting the difference between the Fed’s approximate $900 billion balance sheet when its “extraordinary policies” incepted at the time of the Lehman crisis and its $4.4 trillion of footings today. That’s a lot of something for nothing. It’s a grotesque amount of fraud. http://www.zerohedge.com/news/2014-10-29/good-riddance-qe-it-was-just-plain-financial-fraud


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What Happens When Cash is No Longer Trash?

aa-dollar - Washington w hands on his head Those who actually create value as opposed to chasing yield with nearly-free money will actually have some traction once the swamp of excess liquidity drains. When those closest to the money spigots of the Federal Reserve can borrow billions for next to nothing, cash–laboriously saved from years of paychecks–is reduced to trash. What chance does a saver have in a bidding war for a house or other asset against a financier who can borrow essentially unlimited cash? Answer: none. The saver can leverage his cash at best 4-to-1: a 20% down payment leverages a mortgage of 80% borrowed money. The financier can borrow as much he wants for next to nothing. http://www.oftwominds.com/blogoct14/collapse-liquidity10-14.html


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What Options Are Left for Central Banks?

aa-Dees - federal reserve as spider enveloping world What happened over the past six years is that central banks have moved from providing short-term buffers to being the saviors of the government, economy and asset markets. This is an extraordinary transformation, and it’s the core reason why central bank policies are now failing to move the needle: they were designed to serve as short-term buffers during crisis and the resulting recession, not permanent props under government borrowing, the financial sector and the stock, bond and real estate markets. http://www.oftwominds.com/blogoct14/CBs10-14.html


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Financial Regulators Bend Rules for Banksters

aa-banksters - w uncle sam on wall street The cozy relationship between financial institutions and their respective regulators has long been known. Concern from reformers and activists comes from all stripes of ideological perspectives. With the attention that Carmen Segarra, the whistleblower of Wall Street, has gained, the noise from the banking establishment pushes back. Here comes the expected spin from the Fed. http://www.batr.org/corporatocracy/100814.html


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Counting Angels on the Head of a Pin While Main Street Flounders

aa-middle class - getting screwed good one Since Greenspan launched the cult of Keynesian central banking and the financialization of the American economy in the late 1980s, the balance sheet of the Fed has grown from $200 billion to $4.4 trillion—or by 22X. The S&P 500 is up 10X notwithstanding three thundering booms and busts in the interim. Along the way, the great financial markets of American capitalism have been destroyed as agents of productive capital formation, efficient resource allocation and honest price discovery. They have simply become a giant, central bank operated and funded casino where the 1% gamble with make-believe money. http://davidstockmanscontracorner.com/todays-jobs-report-and-the-cult-of-central-banking-counting-angels-on-the-head-of-a-pin-while-main-street-flounders/


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They’re Coming for Your Accounts

aa-bail-in - very good cartoon When the time comes, all their usual sucker-bait will be pulled out: “It only hits the rich,” “We have to trash the economy to save it,” “We must all sacrifice,” “It’s for the children,” and so on. All the right-thinking people on television will wring their hands and say it’s the only way out. Perhaps they’ll even let a bank or two crash for good effect. But in the end, they aim to steal your money. Government and the big banks will continue unharmed. If you want to protect yourself, you need to get your wealth out of registered accounts, because that’s where they’ll grab first. Understand that these people have only two real choices: 1.Reform their system, close the central banks, and give up their power. 2.Start grabbing the only big pile of portable wealth remaining: your retirement money. I don’t think any of us believe they’ll take option number one. http://www.lewrockwell.com/2014/09/paul-rosenberg/theyre-coming-for-your-assets/


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A Fish Rots from the Head

aa-fish - rotting from head down The position as the world’s reserve currency artificially increases the value of the U.S. dollar – exporting nations manipulate their currencies for favorable exchange rates relative to the reserve. While reserve currency status is a favorable condition for capital held in that currency, it is disadvantageous to workers who lose in competitiveness when the advantage earned by the capital is extracted for short-term gain rather than invested for long-term advantage. Furthermore, the foreign countries holding our Treasuries are in effect being subsidized by U.S. Taxpayers who are paying the interest on those bonds, so that they (e.g. China) do not have to tax their own citizens instead. In short, we are paying the Chinese to sell us cheap goods that take away our jobs. http://www.opednews.com/articles/A-Fish-Rots-from-the-Head-by-Scott-Baker-Banks_Debt_Economic_Inflation-140904-457.html


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Is Portugal Next in Line For Wealth Confiscation?

aa-bail-in - very good cartoon A roadmap to confiscation. It starts out with government officials telling you everything is all right—when clearly everything is not all right. Like when the president of Cyprus promised that bank deposits would be safe. A promise that we all know turned out to be worthless. Another example of why you’re almost always better off believing the opposite of whatever the government says, especially in a crisis. Deceptions like this don’t happen by accident. The politicians and media deliberately lull the people into complacency so that they can optimize their forthcoming theft. The next thing that happens needs to come as a surprise, otherwise it loses its effectiveness. It starts with a bank holiday or capital controls. It’s usually optimal—from the government’s view—to impose these measures on weekends or during a holiday to catch people off guard. They need the element of surprise or else people would take protective measures, like moving their money abroad and safely out of reach. Once the banks are closed and capital is trapped, the government is free to confiscate as much wealth as it can get away with. It doesn’t matter what they call it or how they do it, the bottom line is they are making an unscrupulous grab. Capital controls are usually kept in place after the grab to prevent the remaining money from fleeing further slaughter. http://www.zerohedge.com/news/2014-08-22/portugal-next-line-wealth-confiscation


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The Crazy-Making Fed

aa-federal reserve - banksters monopoly game The Federal Reserve’s communications and policies are a form of crazy-making double bind. No wonder the economy and everyone participating in it are beset by various manifestations of mental and physical illness. http://www.oftwominds.com/blogaug14/crazy-making-Fed8-14.html


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Why the Casino is Dangerous: There is Nothing Below

aa-casino capitalism So with corporate profit rates off the charts, tepid earnings growth, sky-high actual PE multiples and a central bank pegged interest rate structure that has nowhere to go but up, it is evident that Wall Street stock peddlers like Bianco are doing nothing more than calling the sheep to another slaughter. And a slaughter is what it will be. As shown below, there has been a thunderous collapse in stock market volume since the financial crisis, and trading is down by 60% on the NYSE and 75% on NASDAQ. Where has it gone? Into ETFs and the fast money driven options market, that’s where. And what is the central characteristic of these venues in a market crisis? The answer is lack of liquidity and a violent unwind of the implicit leverage in the massive hedge fund driven market in stock options. http://davidstockmanscontracorner.com/why-the-casino-is-dangerous-there-is-nothing-below/


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14 Reasons Why the U.S. Economy’s Bubble of False Prosperity May Be About to Burst

aa-bubble - being pricked A major event just happened in the financial markets that we have not seen since the financial crisis of 2008. If you rely on the mainstream media for your news, you probably didn’t even hear about it. Just prior to the last stock market crash, a massive amount of money was pulled out of junk bonds. Now it is happening again. In fact, as you will read about below, the market for high yield bonds just experienced “a 6-sigma event.” http://www.silverdoctors.com/14-reasons-why-the-u-s-economys-bubble-of-false-prosperity-may-be-about-to-burst/


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U.S. Pillaged, Rothschilds Turn Sights on the Next Grand Prize: Russia

aa-Vladimir Putin - holding gold bar When one utilizes the axiom, “Follow the money,” all roads lead to the Rothschilds and their formula of gaining control of a nation’s money supply and then making all the rules. In the process of gaining control of a nation’s money supply, each country’s gold holdings were ransacked, and in the case of the U.S., the then world’s largest silver holdings were also stolen. U.S. Treasury Notes that were specie backed by silver and gold. After the Federal Reserve Act was passed in 1913, the privately owned Federal Reserve bank, began circulating Federal Reserve Notes that were also specie-backed, to circulate alongside U.S. -issued Treasury Notes until the 1930s, when Franklin Delano Roosevelt declared a “bank holiday.” The U.S. was forced into bankruptcy by the Rothschild elites, and the banks were reopened under direct control of the Federal Reserve central bank. What was little noticed was that the specie-backing of gold and silver for the Federal Reserve Noted were quietly withdrawn. At the same time, specie backed US Treasury Notes were withdrawn from circulation and destroyed! The Rothschilds will not accept any competition. The first stage of the world’s largest Ponzi scheme succeeded. Next was the removal and eventual suppression of the price of gold, an ongoing activity by central banks. Since the United States has been bled dry of all its gold and silver, and the fiat Federal Reserve Note has just about run its course as the world’s reserve “petrodollar” currency, the next grand prize is Russia. http://www.silverdoctors.com/us-pillaged-rothschilds-turn-sights-on-the-next-grand-prize-russia/


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Too Big to Fail Has Not Ended — It’s Only Gotten Worse

aa-Paul Krugman idiot Last week, Paul Krugman said too big to fail is over: There was indeed a large-bank funding advantage during and for some time after the crisis, but it has now been diminished or gone away — maybe even slightly reversed. That is, financial markets are now acting as if they believe that future bailouts won’t be as favorable to fat cats as the bailouts of 2008. http://www.washingtonsblog.com/2014/08/bigger-failer.html


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The Typical Household, Now Worth a Third Less

aa-American Dream - good cartoon Economic inequality in the United States has been receiving a lot of attention. But it’s not merely an issue of the rich getting richer. The typical American household has been getting poorer, too. http://www.nytimes.com/2014/07/27/business/the-typical-household-now-worth-a-third-less.html?_r=0


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Paul Craig Roberts on Capitalism, Snowden, Regulations, Impeachment, Net Neutrality, GMOs

aa-Republicrats - two parties one ideology This is like a gangster state capitalism. Now all capitalism, like all human arrangements, has problems and disadvantages and the purpose of regulation is to make the system work for more people rather than for few people. So when you take the regulation out of the system, which is what the liberals and the conservatives and the republicans and the democrats have done, together, then the system doesn’t work for anybody, but the handful that have got the power and that are rigging it. http://www.opednews.com/articles/Ttranscript-Paul-Craig-Ro-by-Rob-Kall-Capitalism_Gmo_Paul-Craig-Roberts_Regulations-140804-801.html


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Substituting Debt for Income is Not Success–It’s Failure on an Epic Scale

aa-Depression 2.0 - now in color good one The economic “recovery” has been based on a simple premise: debt can be substituted for income with no ill effects. As real household incomes have declined, the legitimate foundation of additional spending–more income–has eroded for the bottom 90%. Even the ephemeral foundation of additional debt-based spending–the Fed’s beloved wealth effect–has eroded for all but the thin layer at the very top of the wealth pyramid. To replace this diminished income, the Status Quo has substituted debt as the source of additional spending: household debt, corporate debt and government debt. But debt is not income. Rather, debt requires income to be diverted to pay interest and principal. So substituting debt for income ends up further depleting declining income. http://www.oftwominds.com/blogjuly14/income-debt7-14.html


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Horrifying Worldwide Financial Destruction to Shock Investors

aa-banksters - very good one We have two worlds today. In the real word the average individual is suffering in virtually every country across the globe. People are earning less, they have more debt, and prices such as food are rising substantially. And then we have the other world where governments are pretending that the economy is solid and improving. They know this is not true, but it’s all about Orwellian propaganda. And we have the world of the wealthy, who are getting wealthier by the day. This is a very dangerous situation for the world. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/31_Horrifying_Worldwide_Financial_Destruction_To_Shock_Investors.html

 


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Making the World Pay for U.S. Banksterism

aa-Janet Yellen - 7-27-14 Although Fed Chairwoman Janet Yellen said nothing new in her carefully manicured semi-annual testimony to Congress last week, her performance there, taken within the context of a lengthy profile in the New Yorker (that came to press at around the same time), should confirm that she is very different from any of her predecessors in the job. Put simply, she is likely the most dovish and politically leftist Fed Chair in the Central Bank’s history. While her tenure thus far may feel like a seamless extension of the Greenspan/Bernanke era, investors should understand how much further Yellen is likely to push the stimulus envelope into unexplored territory. She does not seem to see the Fed’s mission as primarily to maintain the value of the dollar, promote stable financial markets, or to fight inflation. Rather she sees it as a tool to promote progressive social policy and to essentially pick up where formal Federal social programs leave off. http://www.lewrockwell.com/2014/07/peter-schiff/making-the-world-pay-for-us-banksterism/


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Why a Single Bail-In For a Country Few Can Find on a Globe Matters to Everyone

aa-bail-in - very good cartoon The Cyprus bank bail-in committed of early 2013 may seem like small deal to most U.S. investors. After all, most Americans probably couldn’t even find Cyprus on a globe. And with the mainstream media spreading the narrative that the Cyprus bail-in was a one-time event that was meant to support the bank while punishing tax dodging crooks, 99% of folks won’t think twice about the situation. However, the reality of what happened in Cyprus is a far different matter. And the reason that this reality has not been featured as headline news is because doing so would reveal the following: http://www.zerohedge.com/news/2014-07-23/why-single-bail-country-few-can-find-globe-matters-everyone


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The Rot Within, Part I: Our Ponzi Economy

aa-market manipulation Depending on blowing the next bubble to temporarily prop up the economy is the height of foolhardy shortsightedness. All the conventional policy fixes proposed by Demopublican politicos, technocrats and the vast army of academic/think-tank apparatchiks are the equivalent of slapping a coat of paint on a fragile facade riddled with dry rot. All these fake-fixes share a few key characteristics: http://www.zerohedge.com/news/2014-07-22/rot-within-part-i-our-ponzi-economy


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The Precious Return of Investment

aa-banksters - bail in good one The financial powers, in the name of government treasuries (along with the IMF) have a keen eye trained on the lowest hanging fruits of monetary assets. What was once unthinkable is fast becoming a reality as bail-ins promise to morph into the confiscation that only precious metals investors have been known for fearing. They are coming for your assets. A long continuum of what began as rumors in the aftermath to the great financial crisis, have one by one become conspiracy facts. http://www.silverdoctors.com/the-precious-return-of-investment/


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CEO Of Europe’s Largest Insurer Pops the Utopia Bubble: ‘Nothing is Solved and Everybody Knows It’

aa-global financial collapse Here’s the punchline: everyone knows that Draghi, the unelected dictators of Europe, and all of its bankers are lying when the say day after day that things are better. However, at least there was unanimity in the “head-in-the-sand” exercise, which recall from game theory works only if all participants in the charade agree to the ignore reality. Today for the first time, a “member of the club” finally called out Europe on its bullshit: something that is not allowed under game theory. What’s worse, he made it quite clear that everyone else knows they are not only lying to others, but lying to themselves. What happens next may be very unpleasant, because as always happens, following protracted periods of denial, and Europe has been living in a vacuum completely dislocated from reality for exactly two years since Draghi’s “Whatever it takes” speech, there is very violent convergence between reality and idiocy. And Europe is just about due for precisely that kind of denial-shattering convergence. http://www.zerohedge.com/news/2014-07-11/ceo-europes-largest-insurer-pops-utopia-bubble-nothing-solved-and-everybody-knows-it


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Why Housing Will Crash Again — But For Different Reasons Than Last Time

aa-housing bubble - bankster induced good one Institutionalizing the speculative excesses that inflated the previous housing bubble has fed magical thinking and fostered illusions of phantom wealth and security. The global housing market has been dominated by magical thinking for the past 15 years. The magical thinking can be boiled down to this: A person who buys a house for $50,000 will be able to sell the same house for $150,000 a few years later without adding any real-world value. The buyer will be able to sell the house for $300,000 a few years later without adding any real-world value. The buyer will be able to sell the house for $600,000 a few years later without adding any real-world value. http://www.zerohedge.com/news/2014-07-09/why-housing-will-crash-again-different-reasons-last-time


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Gene Simmons Defends Bankster Elite

aa-Gene Simmons Kiss frontman Gene Simmons is defending the bankster one percent. He says the country would fall apart in short order if not for banksters and corporatists. “The 1 percent pays 80 percent of all taxes,” the rocker told UT San Diego. “Fifty percent of the population of the U.S. pays no taxes. The 1 percent provides all the jobs for everybody else. If the 1 percent didn’t exist, there would be chaos and the American economy would drop dead.” Simmons skews the stats in order to defend his imagined status as a preferred member of the one percent. In fact, middle class Americans pay most government taxes. Federal personal income taxes comprise less than a third of all government taxes confiscated in 2012. http://www.infowars.com/gene-simmons-defends-bankster-elite/


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Does Wall Street Even Notice That the Emperor’s Not Wearing Any Clothes?

aa-manipulation of markets There are several aspects about working in today’s financial industry that are less than perfect, although gaining an insight into how many on Wall Street think and why they make the decisions that they do is certainly one of the positives. In fact what many on the outside often have a hard time understanding is that most on Wall Street are in reality somewhat oblivious to massive bubbles that the Federal Reserve has inflated, and that can make things confusing when you don’t factor it in properly. However whether they should understand what’s going on or not, once you can understand the mindset from which the average Wall Streeter is coming from, it can give you an incredible trading advantage that’s almost the equivalent of spotting your opponent’s “tell” at the poker table. http://www.silverdoctors.com/does-wall-street-even-notice-that-the-emperors-not-wearing-any-clothes/


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‘There is No Honest Pricing Left’ — The Epochal Error of Modern Central Banking

aa-bail-in - very good cartoon The system we have now is one in which the Fed decides, through a Politburo of planners sitting in Washington, how much liquidity is necessary, what the interest rate should be, what the unemployment rate should be, and what economic growth should be. There is no honest pricing left at all anywhere in the world because central banks everywhere manipulate and rig the price of all financial assets. We can’t even analyze the economy in the traditional sense anymore because so much of it depends not on market forces, but on the whims of people at the Fed. http://www.zerohedge.com/news/2014-07-06/there-no-honest-pricing-left-epochal-error-modern-central-banking


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Hyperinflation Meets Asset Destruction

aa-move along there is nothing to see When is the system going to break down? The answer is 2008. The tipping point was the Lehman kill in Sept 2008, following the subprime mortgage collapse. It was a death event for the U.S. banking structure, which should have forced liquidation of all Wall Street firms. Then came the Financial Accounting Standards Board relaxation of rules in April 2009, which still permits the big U.S. banks to declare their assets at any value they wish. They hide grotesque insolvency. Their liquidation would not happen, instead zombies walked. http://www.silverdoctors.com/jim-willie-collapse-has-occurred-hyperinflation-meets-asset-destruction/


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The Pitchforks Are Coming for the Rich Plunderers of America

aa-serfs and peasants good one But let’s speak frankly to each other. I’m not the smartest guy you’ve ever met, or the hardest-working. I was a mediocre student. I’m not technical at all—I can’t write a word of code. What sets me apart, I think, is a tolerance for risk and an intuition about what will happen in the future. Seeing where things are headed is the essence of entrepreneurship. And what do I see in our future now? I see pitchforks. At the same time that people like you and me are thriving beyond the dreams of any plutocrats in history, the rest of the country—the 99.99 percent—is lagging far behind. The divide between the haves and have-nots is getting worse really, really fast. In 1980, the top 1 percent controlled about 8 percent of U.S. national income. The bottom 50 percent shared about 18 percent. Today the top 1 percent share about 20 percent; the bottom 50 percent, just 12 percent. But the problem isn’t that we have inequality. Some inequality is intrinsic to any high-functioning capitalist economy. The problem is that inequality is at historically high levels and getting worse every day. Our country is rapidly becoming less a capitalist society and more a feudal society. Unless our policies change dramatically, the middle class will disappear, and we will be back to late 18th-century France. Before the revolution. http://www.politico.com/magazine/story/2014/06/the-pitchforks-are-coming-for-us-plutocrats-108014.html#.U7GKIMtOXcv


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Watching the World Destroy Itself

aa-Mission Accomplished - Obama and bankers “We’re an empire now, and when we act, we create our own reality.” These, of course, are the immortal words of Karl Rove, who uttered them anonymously a dozen years ago to journalist Ron Suskind. As Tom Engelhardt points out, the folly of this extraordinary hubris — this smirking desire to play God — has not been left to historians of the future to uncover. The Bush administration’s all-out war on evil, inherited and modified, but continued, by the Obama administration, has been a total disaster almost from the moment W stepped onto the flight deck of the USS Abraham Lincoln and announced to the world: “mission accomplished.” The reality these war criminals created has been global destabilization and perpetual war. They’ve manifested a world hell-bent on destroying itself. The mainstream media cover bits and pieces of the destruction as pumped-up entertainment, with the Iraqis and everyone else trapped in the planet’s various International Hot Spots remaining abstractions and curiosities. This is journalistic malfeasance of the highest order. And it couldn’t be more at odds with the natural intelligence of the universe. http://www.informationclearinghouse.info/article38928.htm#.U67D8vZVIUw.email


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The Next 20 Years Will Not Be Like the Last 20 Years – Here’s Why

aa-American Empire - going out of business Coming to the understanding that the Status Quo is not sustainable is often a crooked path of overcoming programming, propaganda, denial and fear. http://www.zerohedge.com/news/2014-06-21/next-20-years-will-not-be-last-20-years-heres-why


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The Death of the Rust Belt

aa-factory - abandoned Their names are familiar to all of us: Cleveland, Flint, Youngstown, Saginaw, Gary, Toledo, Reading, Akron, Flint and Buffalo were all once booming manufacturing cities that were absolutely packed with thriving middle class families. But now most of the manufacturing jobs are gone and all of those cities are just shadows of their former selves. When you drive through many of these communities, you will notice that a lot of people have a really hollow look in their eyes. Decades of slow, steady economic decline have really taken a toll, and even the architecture in these cities looks depressed. But despite all of the decay, there is still evidence that there was once something truly great about these communities. Will we be able to recapture that greatness before it is too late? http://theeconomiccollapseblog.com/archives/the-death-of-the-rust-belt


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LabMan

.......and so it goes!,eliminate middle class jobs while flooding American cities with third world immigrants who will never assimilate and never be able to run a first World society,has this been planned?,you bet it has!,and we hear more people every day finally speaking out and saying,"diversity = White genocide"!

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The Generational Short: Banks, Wall Street, Housing and Luxury Retail are Doomed

aa-housing bubble - bankster induced good one The funny thing about core values is that they are resistant to arguments such as “you should get a mortgage and invest all your money in Wall Street.” Once people opt out of the fantasy that buying a house and entrusting one’s capital with Wall Street leads to guaranteed financial security, no amount of cajoling or propaganda will change their values-based decisions. For example, those who have decided to eschew debt will never take on debt, even if the banks (or the banks’ pusher, the government) offer debt at 0% interest. Those who have lost trust in Wall Street or actively hate it and everything it stands for (neofeudalism, unbridled greed, the corruption and collusion of the revolving door between the state and Wall Street, etc.) will never change their minds and hand their money to Wall Street to play with. If the primary assets held by Boomers (houses and stocks) both decline for these fundamental reasons, there may be relatively little wealth left to pass on to Gen-Y. There is a peculiar irony in this: if Gen-Y avoids bank debt/mortgages, buying conspicuous consumption luxury goods on credit and investing in Wall Street’s scams and skims, this generational lack of demand for housing, stocks and luxury goods will effectively crash the sky-high valuations of these assets. http://www.zerohedge.com/news/2014-06-14/generational-short-banks-wall-street-housing-and-luxury-retail-are-doomed


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Elites Will Opt for War Over Letting the Dollar Collapse

aa-New World Order - banksters in restaurant w war going on The world has never been in a position like this before, where all global currencies are fiat and dependent upon central banker power. The push for a New World Order is inexorable, and make no mistake, the monied elites are fully in control, or almost so. We maintain this is why so many in the Precious Metals community have miscalculated the timing for when gold and silver would take off to the upside, collapsing the Fed’s fiat “dollar,” or as a result thereof. On the surface, it appears that the East is almost in control of most of the world’s supply of gold, while the West remains in control of gold’s pricing mechanism, doing whatever it takes to preserve the fiat “dollar” as the world’s reserve currency for international trade contracts. In addition to gaining control of physical gold, even setting up the Shanghai Gold Exchange, [SGE], as a more viable alternative to the literally “fixed’ pricing of paper gold by COMEX and LBMA, the East is providing an alternative trade outside of the “dollar,” and this has created a situation akin to the West as a dangerous cornered rat. http://www.silverdoctors.com/let-dollar-collapse-or-choose-war-elites-will-opt-for-war/


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The Madness of Crowds and the Great Insanity

aa-American Dream - good cartoon The masses are being plundered on a scale which is inconceivable and unmatched in history; it is the source of the middle classes dying in the developed world. The developed world has become a well-disguised plantation of serfs and slaves. They are given nothing to store and save their labor in as the currency they hold are printed endlessly and have no reserves to back them and are redeemable in NOTHING, contrary to every sound currency in history. Modern day money is nothing less than a wealth confiscation scheme run by morally and fiscally bankrupt central banks and governments against their own citizens. http://www.zerohedge.com/news/2014-06-07/madness-crowds-and-great-insanity


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Economist: U.S. Banks Preparing to Charge Customers For Deposits

aa-taxes - from little guy to uncle sam In the week that the European Central Bank cut its deposit rate for banks from zero to -0.1%, economist Martin Armstrong warns that negative interest rates are coming to the United States, meaning that Americans will be forced to pay just to keep their money in the bank. In a move described as unprecedented, the ECB became the first central bank in history to cut any main interest rate to negative yesterday, part of a package of measures designed to encourage banks to provide more loans to businesses and households. Many view the policy as a desperate sign of Europe’s faltering economic recovery. http://www.infowars.com/economist-u-s-banks-preparing-to-charge-customers-for-deposits/


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European Central Bank Goes Sub Zero

aa-banksters - 10-19-13 The idea that charging the banks a small fee on overnight deposits will induce them to lend more freely, demonstrates a laughable misunderstanding of how the system really works. Banks don’t need piles of reserves to issue loans. What they need is creditworthy customers and strong demand. But, of course, demand is weak because the ECB has taken steps to keep the EU in a permanent state of Depression through its austerity policies. What this shows, is that the objectives of the class war precede the requirements for a healthy economy. Draghi and his cohorts would rather decimate the welfare state and reduce EU working people to abject poverty, then implement the policies that would generate a strong economic recovery. http://www.counterpunch.org/2014/06/06/european-central-bank-goes-sub-zero/


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Ecuador Transfers Half Its Gold Reserves to Goldman Sachs in Exchange For “Liquidity”

aa-Dees - federal reserve as spider enveloping world This is a great example of how the game works. In a world in which every government on earth needs “liquidity” to survive, and the primary goal of every government is and always has been survival (the retention of arbitrary power at all costs), the provider of liquidity is king. So what is liquidity and who provides it? In the current financial system (post Bretton Woods), the primary engine of global liquidity is the U.S. dollar and dollar based assets generally as a result of its reserve currency status. Ever since Nixon defaulted on the U.S. dollar’s gold backing in 1971, the creation of this “liquidity” has zero restrictions whatsoever and is merely based on the whims and desires of the central planners in chief, i.e., the Federal Reserve. As the primary creator of the liquidity that every government on earth needs to survive, the Federal Reserve is thus the most powerful player globally in not only economic, but also geopolitical affairs. The example of the so-called sovereign nation of Ecuador relinquishing its gold reserves to Goldman Sachs for “liquidity” which can be conjured up by the Fed on a whim and at zero cost tells you all you need to know about how the world works. http://www.zerohedge.com/news/2014-06-02/ecuador-transfers-half-its-gold-reserves-goldman-sachs-exchange-liquidity


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Why Conservatives Are Suddenly Freaking Out About Guillotines

aa-American Spectator cover of guillotine In his article, however, James Pierson warns that a revolution is afoot, and that the 99 percent is going to try to punish the rich. The ungrateful horde is angry, he says, when they really should be celebrating their marvelous good fortune and thanking their betters: “From one point of view, the contemporary era has been a ‘gilded age’ of regression and reaction due to rising inequality and increasing concentrations of wealth. But from another it can be seen as a ‘golden age’ of capitalism marked by fabulous innovations, globalizing markets, the absence of major wars, rising living standards, low inflation and interest rates, and a thirty-year bull market in stocks, bonds, and real estate.” Yes, things do indeed look very different to the haves and the have-nots. But some of the haves are willing to say what’s actually going down — and it’s a war of their own making. Warren Buffett made this very clear in his declaration: “There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.” http://www.alternet.org/economy/why-american-conservatives-are-suddenly-freaking-out-about-guillotines


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27 Huge Red Flags For the U.S. Economy

aa-financial disaster - tornado of currency If you believe that the U.S. economy is heading in the right direction, you really need to read this article. As we look toward the second half of 2014, there are economic red flags all over the place. Industrial production is down. Home sales are way down. Retail stores are closing at the fastest pace since the collapse of Lehman Brothers. U.S. household debt is up substantially, and in 20 percent of all U.S. families everyone is unemployed. In so many ways, what we are witnessing right now is so similar to what we experienced during the build up to the last great financial crisis. We are making so many of the very same mistakes that we made the last time, and yet our “leaders” seem completely oblivious to what is happening. But the warning signs are very clear. All you have to do is open your eyes and look at them. http://www.zerohedge.com/news/2014-05-21/27-huge-red-flags-us-economy


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Smoking Gun from the Federal Reserve Murder of the Middle Class

aa-American dream - George Carlin The abandonment of the gold standard in 1971 set in motion four decades of consumer debt accumulation on an epic scale, currency debauchment, and real wage stagnation. The consumer debt accumulation was a consequence of the American middle class being lured into debt by the Too Big To Trust Wall Street banks and their corporate media propaganda machine, as a fallacious response to stagnating real wages when their jobs were shipped to China by mega-corporations using wage arbitrage to boost quarterly profits, their stock prices, and executive bonuses. http://www.theburningplatform.com/2014/05/18/smoking-gun-from-the-federal-reserve-murder-of-the-middle-class/


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The Corruption of Wall Street

aa-cattle Technology has been pushed on the masses like a drug by the mega-corporation and mega-media dealers. Just walk down any city street and observe the technologically entranced zombies shuffling along the sidewalks staring blankly at a tiny screen, tapping away on an itsy bitsy keypad as if whatever they are conveying is of vital importance to the future of mankind. # Give me a break. God forbid if we had to go out in public without our iGadget attached to an appendage. We might actually have to use our brain to think. We might be able to look someone in the eye and smile. We might be able to say hello to a stranger. We might have to act like a human being. Being connected electronically 24 hours per day is not progress. The technology being peddled to the masses by mega-corporations is designed to keep people amused, apathetic, distracted and uninterested in thinking critically. Our society has devolved into a technologically narcissistic, ego driven, submissive, trivial culture, asphyxiating in a sea of irrelevance and driven by greed and need to fulfill our every desire, rather than a technologically proficient, selfless, humble, critical thinking, civil minded society of self-reliant human beings who take responsibility for their own lives and refuse to saddle future generations with the financial consequences of living beyond their means. Our willful ignorance, misuse of technology, and inability to control our impulses and desires will be the ruin of our perverted civilization. http://www.theburningplatform.com/2014/05/13/wall-street-has-always-been-corrupt-or-about-to-be-corrupted/


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How Malinvestment Poisons the Entire Economy

aa-banksters - w uncle sam on wall street Malinvestment–the systemic consequence of the Federal Reserve’s policies of near-zero interest rates and abundant credit–doesn’t just inflate destruction asset bubbles: it poisons productive assets and the entire economy. Today’s asset bubbles in stocks, junk bonds, housing, art, bat guano futures, etc. are being driven by the Federal Reserve, which has replaced the nuisance of no-document liar loans with unlimited liquidity for bankers, financiers and insiders. http://www.zerohedge.com/news/2014-05-15/how-malinvestment-poisons-entire-economy


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The Fed is the Great Deceiver

aa-Dees - federal reserve as spider enveloping world Washington’s power ultimately rests on the dollar as world reserve currency. This privilege, attained at Bretton Woods following World War 2, allows the U.S. to pay its bills by issuing debt. The world currency role also gives the US the power to cut countries out of the international payments system and to impose sanctions. As impelled as the Fed is to protect the large banks that sit on the board of directors of the NY Fed, the Fed has to protect the dollar. That the Fed believed that it could not buy the bonds outright but needed to disguise its purchase by laundering it through Belgium suggests that the Fed is concerned that the world is losing confidence in the dollar. If the world loses confidence in the dollar, the cost of living in the U.S. would rise sharply as the dollar drops in value. Economic hardship and poverty would worsen. Political instability would rise. If the dollar lost substantial value, the dollar would lose its reserve currency status. Washington would not be able to issue new debt or new dollars in order to pay its bills. Its wars and hundreds of overseas military bases could not be financed. The withdrawal from unsustainable empire would begin. http://www.paulcraigroberts.org/2014/05/12/fed-great-deceiver-paul-craig-roberts/


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British Prime Minister David Cameron: Taxes Will Rise Unless We Can Raid Bank Accounts

aa-bail-in - very good cartoon
Taxes will have to rise unless officials are given new powers to raid people’s bank accounts, David Cameron has said. The Treasury select committee warned that allowing HM Revenue and Customs to remove cash from bank accounts without court orders is “very concerning” because of its history of mistakes. http://www.telegraph.co.uk/finance/personalfinance/consumertips/tax/10819885/David-Cameron-Taxes-will-rise-unless-we-can-raid-bank-accounts.html#disqus_thread


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Over 40,000 Tons of Gold Stolen By the West and Shipped East

aa-gold - good one Western banking interests have forcibly removed London gold and utilized Swiss refinement of Gold bars taken from other accounts, to rectify two decades of seized gold bars from unallocated accounts. The improper usage was done to create the entire fraudulent foundation for the Euro Monetary Union itself. The fraud is unspeakable, and might account for over 40,000 tons of misused (stolen) gold bars. The shift is toward the East as financial center of gravity, altered by the extraordinary movement of Gold bullion from London and Swiss banking centers. A sequence soon to unfold appears to be rather predictable, since once a key event occurs, the pressure is enormous and gathers to force the occurrence of the next event. Think like falling dominos, the pieces actual elements of a fence to defend the U.S. dollar regime. It is falling apart. One fence section topples the next. The barbarians are not only at the gate, they are making their own fortresses. http://www.silverdoctors.com/jim-willie-bombshell-over-40000-tons-of-gold-stolen-by-the-west-shipped-east/


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The Elites Are Pushing for War

aa-New World Order - banksters in restaurant w war going on Why war? A simple diversion used to cover the total insolvency of the entire Western banking system and the failure of all fiat currencies. The only solution will be financial destruction, and major economic life disruptions, especially in the ill-prepared United States. Previews of what is in store for the United States are found in Greece, Cyprus, Ireland, Venezuela, Argentina. The list grows. There is only one head of state pushing for war against Russia, using Ukraine as a pawn, and that is the elite front-man, Barack Obama. What business does he have instigating chaos in that part of the world? None, quite simply, yet he leads the charge. Are the citizens of the United States urging him on? No. What about the Europeans who transact billions of dollars in business with Russia, depend upon Russia for 20% to 35% to supply their natural gas needs? Are individual European states urging him on? No. Too much at risk, and European leaders do not want to bear the consequences of yet more sanctions that can end up hurting them more than hurting Russia. http://www.lewrockwell.com/2014/05/no_author/the-power-elite-wants-war%e2%80%a8/


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Gangster State America

aa-American Empire - banana republic In the 21st century Washington has squandered trillions of dollars on wars that have destroyed countries and killed, maimed, and displaced millions of people in seven or eight countries. Declaring its war crimes to be a “war on terror,” Washington has used the state of war that it created to destroy US civil liberty. In the 21st century it is difficult to find a significant statement made by Washington that is not a lie. Obamacare is a lie. Saddam Hussein’s weapons of mass destruction is a lie. Assad’s use of chemical weapons is a lie. Iranian nukes are a lie. Russia’s invasion and annexation of Crimea is a lie. No fly zones are a lie. Russian aggression against Georgia is a lie. 9/11, the basis for Washington’s destruction of civil liberty and illegal military attacks, is itself a lie. The fantastic story that a few Saudi Arabians without government or intelligence agency backing outwitted the entire national security apparatus of the Western world is unbelievable. It is simply not credible that every institution of the national security state simultaneously failed. That Washington would tell such a fantastic lie shows that Washington has no respect for the intelligence of the American people and no respect for the integrity of the American media. It shows also that Washington has no respect for the intelligence and integrity of its European and Asian allies. Washington won’t even tell the truth about little things in comparison–jobs, unemployment, inflation, GDP growth, economic recovery. Washington rigs the markets in order to cover up its sacrifice of the economy for the benefit of a few special interests. In the name of “privatization,” Washington hands over public assets and government responsibilities to rapacious private interests. http://www.paulcraigroberts.org/2014/05/06/gangster-state-america-paul-craig-roberts-2/


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U.S. Civil Unrest, Crisis and Decline

aa-casino capitalism All of the financial markets, all of them, are now rigged. So the question of whether we have capitalism any longer is a real question. You could make the argument that American capitalism has become an illusion because all the markets are rigged. So the whole thing is full of problems. There is so much opportunity for things to go wrong — for domestic violence, and foreign violence. And it’s all done because of this stupid neoconservative goal of American hegemony over the world. This has been elevated into something that is so important, and it threatens not just the foreign countries that the policy applies to, but the United States itself because it (the U.S.) is really not in a position to achieve any such goal. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/5/2_Paul_Craig_Roberts_-_U.S._Civil_Unrest,_Crisis_%26_Decline.html


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The United States is a Fraudulent House of Cards

aa-capitalism - monopoly Anyone with a pulse knows by now that the U.S. Government, in conjunction with the Fed and Wall Street, rigs every economic report just like it rigs every market. When I first started getting involved in the precious metals markets back in 2001, the market manipulators at least tried to camouflage their activity. Now they openly lie about everything and blatantly intervene in every market. They no longer attempt to hide their activities. The fraud, corruption and open theft truly is the mark of a collapsing Empire. http://www.silverdoctors.com/the-united-states-is-a-fraudulent-house-of-cards/


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This Land Isn’t Your Land, This Land Is Their Land

aa-middle class - getting screwed good one I returned to America to find another sort of regime change underway, only I wasn’t among the 1% for this one. Instead, I ended up working in the new minimum-wage economy and saw firsthand what a life of lousy pay and barely adequate food benefits adds up to. For the version of regime change that found me working in a big box store, no cruise missiles had been deployed and there had been no shock-and-awe demonstrations. Nonetheless, the cumulative effects of years of deindustrialization, declining salaries, absent benefits, and weakened unions, along with a rise in meth and alcohol abuse, a broad-based loss of good jobs, and soaring inequality seemed similar enough to me. The destruction of a way of life in the service of the goals of the 1%, whether in Iraq or at home, was hard to miss. Still, I had the urge to see more. Unlike in Iraq, where my movements were limited, here at home I could hit the road, so I set off for a look at some of America’s iconic places as part of the research for my book, Ghosts of Tom Joad. http://www.informationclearinghouse.info/article38389.htm#.U2Ob_FIJ-Ho.email


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IMF Demands Ukraine Risk World War III in Return For Bailout Money

aa-international monetary fund logo The IMF has told Kiev that if it doesn’t defend eastern areas of Ukraine against pro-Russian forces, or in other words risk going to war with Russia and starting World War 3, that a planned $17 billion dollar bailout package will have to be “redesigned”. IMF head Christine Lagarde said that the global body would “check regularly” to see if Ukraine was keeping up with its commitments on which the loan deal is dependent. One of those commitments includes a vow to use military forces to repel Russian influence in the east of the country. The IMF has told Kiev that the money spigot could be cut off if Kiev “loses control over (the) East of the country”. http://www.infowars.com/imf-demands-ukraine-risk-world-war-3-in-return-for-bailout-money/


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Repeal of Glass-Steagall and the Too Big To Fail Culture

aa-big business pledge of allegiance good one During the 1990’s the conventional economic wisdom supported the repeal of Glass-Steagall. However, “10 years later, the end of Glass-Steagall has been blamed by some for many of the problems that led to last fall’s (2008) financial crisis. While the majority of problems that occurred centered mostly on the pure-play investment banks like Lehman Brothers, the huge banks born out of the revocation of Glass-Steagall, especially Citigroup, and the insurance companies that were allowed to deal in securities, like the American International Group, would not have run into trouble had the law still been in place.” http://www.batr.org/corporatocracy/042314.html


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What’s the Difference Between Fascism, Communism and Crony-Capitalism?

aa-American Dream - is over The essence of crony-capitalism is the merger of state and corporate power–the definition of fascism. When it comes to the real world, the difference between fascism, communism and crony-capitalism is semantic. Let’s start with everyone’s favorite hot-word, fascism, which Italian dictator Benito Mussolini defined as “the merger of state and corporate power.” In other words, the state and corporate cartels are one system. http://www.silverdoctors.com/whats-the-difference-between-fascism-communism-and-crony-capitalism/


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Far-Left Fossil Harry Reid Calls Cliven Bundy Supporters ‘Domestic Terrorists’

aa-Harry Reid Despite Reid’s characterization of Bundy supporters as “domestic terrorists,” the only violence metered out during the dispute was when BLM agents tasered and assaulted Bundy supporters during an incident on April 9. No matter where you stand on the Bundy issue, Reid’s characterization of American protesters as “domestic terrorists” is chilling and a massive backlash is almost certain to follow. It also fits the narrative that the federal government has been pushing for years through literature such as the MIAC report, which framed Ron Paul supporters, libertarians, people who display bumper stickers, people who own gold, or even people who fly a U.S. flag, as potential terrorists. In 2012, a Homeland Security study was leaked which characterized Americans who are “suspicious of centralized federal authority,” and “reverent of individual liberty” as “extreme right-wing” terrorists. http://www.infowars.com/harry-reid-calls-cliven-bundy-supporters-domestic-terrorists/


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Suicide Antipasto and the Age of Hypocrisy

aa-Republicrats - Dees birds of prey The American Congress is officially lower in the eyes of the public than a strong arm yoke robber or a crack whore. One can close ones eyes and see all of them bent over the rails in the balcony of the House Chambers with their pants down and being serviced by J Street Representatives. I’m trying to think of lower lifeforms, given especially that they were once presumed members of a class of higher lifeforms. This is what happens when corporations and agents of Mammon are allowed to decide who occupies legislative office. They’ve long been in control of the judicial system. What happens is that they can select the worst specimens of the type; the most corrupt and malleable available, which means that The Israelis can arrange junkets for them, during which honey pot blackmail scenarios take place and, as if they didn’t own them already, they truly own them now. http://www.smoking-mirrors.com/2014/04/suicide-antipasto-and-age-of-hypocrisy.html


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Privatization is a Ramp For Corruption and Insouciance is a Ramp for War

aa-Republicrats - two parties one ideology Libertarian ideology favors privatization. However, in practice privatization is usually very different in result than libertarian ideology postulates. Almost always, privatization becomes a way for well-connected private interests to loot both the public purse and the general welfare. Another form of privatization is to turn traditional government functions, such as prison operation and many supply functions of the armed services, such as feeding the troops, over to private companies at a large increase in cost to the public. Essentially, the libertarian ideology is used to provide lucrative public contracts to a few favored persons who then reward the politicians. http://www.paulcraigroberts.org/2014/04/16/privatization-ramp-corruption-insouciance-ramp-war-paul-craig-roberts/


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Ukrainian Crisis Triggered by U.S. Deep State in Preparation for Revamp of International Monetary System

aa-European Union - fractured euro Our analysis is that the Ukrainian crisis was triggered by the U.S. deep state in preparation for the introduction of the next reorganization of the international monetary and financial system. This is to retain the EU in the area of U.S. domination. The only remaining choice for American decision-makers are the following, as they are standing with their back to the wall: http://www.silverdoctors.com/ukrainian-crisis-triggered-by-us-deep-state-in-preparation-for-revamp-of-international-monetary-system/


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Meltdown America: A Warning From Survivors

aa-Obama - my work is done here There’s a perception in our country that America is so exceptional that the trials and tribulations — and outright social catastrophes — that rock other countries in the world simply cannot happen on our shores. We’re the biggest, the strongest, the richest. We are America. And we have divine immunity. Ahh, the power of the mind to mask the facts we refuse to accept. We are a deeply troubled nation, riven by political dysfunction, angst-ridden by social disquiet, addled by so much debt — more debt, $125 trillion, than ever accumulated in history — that we will never be able to completely repay it without radically devaluing the dollar or radically raising taxes and cutting government services. Yet we watch meltdowns in other countries and never consider for an instant that, just maybe, something like that could happen here. http://www.activistpost.com/2014/04/meltdown-america-warning-from-survivors.html


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Fed Has Lost Control, Systemic Failure Flashing Warning Signals Now

aa-Dees - federal reserve as spider enveloping world The U..S Federal Reserve has been printing money since 2011 to cover government debt securities in a frenetic manner. They have lost control. They call it stimulus, when it is actually the opposite. It does assist the speculators with nearly zero cost money to borrow, but one must be a club member to win loan grants. The Quantitative Easing programs are deceptive. When the program was initially announced, the Jackass claimed it would be part of an endless sequence. With QE1 and QE2 and Operation Twist and QE3, following the failed trial balloon called Taper Talk, it is quite clear to anyone with an active brain stem and absent rose colored glasses that the Fed is caught in a trap called QE to Infinity. It is not stimulative. Instead, the uncontrollable bond monetization causes capital destruction. It causes economic degradation. It causes lost jobs and vanished income. It is a gigantic wet blanket to smother and destroy the U.S. economy slowly, amidst unending propaganda. QE is the device that will result in Systemic Failure, which is already flashing signals of its arrival. http://www.silverdoctors.com/jim-willie-fed-has-lost-control-systemic-failure-flashing-warning-signals-now/


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The Natural Life-Cycle of a Collapsing System

aa-banksters - w uncle sam on wall street The SEC has been nothing but a lap-dog for Wall Street for years. Everybody who gives a rat’s a** about this issue already knows that. The current head of the SEC, Mary Jo White, was the chief legal defense bull-dog for Jamie Dimon and JP Morgan at Debevoise & Plimpton. Putting her in charge of the SEC is the equivalent of putting a serially convicted pedophile in charge of Kindercare. The truth is our system is rotten to the core and the marriage between Wall Street, corporate America and the Government is nothing more than the natural life-cycle of a collapsing system. The only lesson we’ve learned from history is that we don’t learn the lessons of history. http://www.silverdoctors.com/the-natural-life-cycle-of-a-collapsing-system/


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The Federal Reserve Has No Integrity

aa-federal reserve - banksters monopoly game The purpose of Quantitative Easing is to support the balance sheets of a few over-sized banks and to finance the federal budget deficit at an artificially low rate of interest. In other words, QE supports failed banks and federal fiscal irresponsibility. In order to successfully carry off this blatant misuse of public policy, the price of gold, a measure of the dollar’s value, must be suppressed. The Federal Reserve’s lack of integrity speaks volumes about the corruption of the U.S. government. http://www.paulcraigroberts.org/2014/03/31/federal-reserve-integrity/


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Regime Change in Ukraine and the IMF’s Bitter ‘Economic Medicine’

aa-Ukraine - Yatsenyuk and Obama IMF “economic medicine” while contributing to the enrichment of a social minority, invariably triggers economic instability and mass poverty, while providing a “social safety net” to the external creditors. To sell its reform package, the IMF relies on media propaganda as well as persistent statements by “economic experts” and financial analysts which provide authority to the IMF’s macroeconomic reforms. The unspoken objective behind IMF interventionism is to destabilize sovereign governments and literally break up entire national economies. This is achieved through the manipulation of key macroeconomic policy instruments as well as the outright rigging of financial markets, including the foreign exchange market. To reach its unspoken goals, the IMF-World Bank –often in consultation with the US Treasury and the State Department–, will exert control over key appointments including the Minister of Finance, the Central Bank governor as well as senior officials in charge of the country’s privatization program. These key appointments will require the (unofficial) approval of the “Washington Consensus” prior to the conduct of negotiations pertaining to a multibillion IMF bailout agreement. Beneath the rhetoric, in the real World of money and credit, the IMF has several related operational objectives: http://www.globalresearch.ca/regime-change-in-ukraine-and-the-imfs-bitter-economic-medicine/5374877


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The Fourteen Year Recession

aa-Depression 2.0 - good cartoon The government controlled public education system has flourished beyond all expectations of your owners. We’ve become a nation of techno-narcissistic, math challenged, reality TV distracted, welfare entitled, materialistic, gluttonous, indebted consumers of Chinese slave labor produced crap. There are more Americans who know the name of Kanye West and Kim Kardashian’s bastard child (North West) than know the name of our Secretary of State (Ketchup Kerry). Americans can generate a text or tweet with blinding speed but couldn’t give you change from a dollar bill if their life depended upon it. They are whizzes at buying crap on Amazon or Ebay with a credit card, but have never balanced their checkbook or figured out the concept of deferred gratification and saving for the future. While the ignorant masses are worked into a frenzy by the media propaganda machine over gay marriage, diversity, abortion, climate change, and never ending wars on poverty, drugs and terror, our owners use their complete capture of the financial, regulatory, political, judicial and economic systems to pillage the remaining national wealth they haven’t already extracted. http://www.theburningplatform.com/2014/03/24/the-fourteen-year-recession/


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What a Bank Run in China Looks Like

aa-China - bank run Curious what the real, and not pre-spun for public consumption, sentiment on the ground is in a China (where the housing bubble has already popped and the severe contraction in credit is forcing the ultra wealthy to luxury real estate in places like Hong Kong) from the perspective of the common man? The photo below, which shows hundreds of people rushing today to withdraw money from branches of two small Chinese banks after rumors spread about solvency at one of them, are sufficiently informative about just how jittery ordinary Chinese have become in recent days, and reflect the growing anxiety among investors as regulators signal greater tolerance for credit defaults. http://www.zerohedge.com/news/2014-03-25/what-bank-run-china-looks-hundreds-rush-banks-following-solvency-rumors


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The Five Year Fantasy is Ending

aa-American Dream - is over For five long years, we have pursued the fantasy that we could return to “growth” without having to fix or change anything. The core policy of the fantasy is the consensus of “serious economists,” i.e. those accepted into the priesthood of PhD economists protected by academic tenure or state positions: what we suffered in 2009 was not the collapse of leveraged crony-state financialization but a temporary decline of “aggregate demand” and productive capacity. The solution, the economic witch doctors asserted, was simple: replace temporarily slack private demand with government-funded demand (deficit spending) and flood the impaired financial system with liquidity (i.e. free money) and increase the incentives to borrow money. In other words, the “serious economists” solution was to transfer all the interest earned by savers to the banks and push households to buy more low-quality junk from Asia on credit. This expansion of demand (for more of anything– “serious economists” don’t differentiate between a 13th pair of shoes and a single replacement pair of shoes–and they absolutely love building McMansions in the middle of nowhere) would push businesses to borrow money from banks (that’s good because banks will profit, and “serious economists” want banks to skim enormous profits to keep the financial sector healthy) and expand their production and payroll. http://www.zerohedge.com/news/2014-03-18/five-year-fantasy-ending


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RIP — The Truman Show of Bubble Finance, 1987-2014

aa-bubble - being pricked All the Trumans – the economists, fund managers, traders, market pundits –know at some level that the environment in which they operate is not what it seems on the surface…. But the zeitgeist is so damn pleasant, the days so resplendent, the mood so euphoric, the returns so irresistible, that no one wants it to end. http://www.zerohedge.com/news/2014-03-17/rip-truman-show-bubble-finance-1987-2014


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How to Engineer a Crisis for Fun and Profit

aa-1984 - freedumbville great one People fail to grasp the point. A public that has been deprived of critical thinking skills invariably asks the same thing when first introduced to the concept of false flag terror: “Why would the government attack itself?” Similarly, when the idea is raised that financial crises and panics are staged by the bankers themselves, the uncomprehending ask “But why would they want to crash the economy that they themselves are dependent on?” In both cases, the questions rely on false premises. In the former, it’s the idea that “the government” is a single, monolithic being; that this being defines itself by nationality or geographic territory; that the people who work for the government are all like-minded in purpose and vision; that they see themselves as indistinguishable from anyone else living in the same geographic location. In the latter, it’s the idea that the bankers’ wealth is dependent on the health of the economy; that “wealth” is measured solely in tallies of dollars and cents; that a fortune that shrinks in absolute terms cannot at the very same time grow in relative terms. All of these premises are readily proven false. http://www.theinternationalforecaster.com/International_Forecaster_Weekly/How_to_Engineer_a_Crisis_for_Fun_and_Profit


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Plunder and Pillage: Energy Sources Must be Controlled to Maintain Dollar Fiat Empire

aa-Dees - new world order Resources run out, energy sources must be controlled. New markets must be “opened up,” for all to have access to the bounties of a “free market economy” and the joys and benefits of credit, both sovereign and individual. Debts must be created if the fiat empire is to retain forward momentum. Without collecting a tribute, the ruling classes cannot maintain their stranglehold over their dominion, and the tribute must be increased every year. In the event this episode does turn out to immediately result in the demise of the current monetary governance and global web of influence represented by the West, we must not allow ourselves to ignore the clear and present warnings that have been explicitly presented. http://www.silverdoctors.com/plunder-pillage-energy-sources-must-be-controlled-to-maintain-dollar-fiat-empire/


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Google, China, the NSA and the Fourth Turning

The profane alliance between big banks, big corporations, and big government has created the Big Brother surveillance society we are living under today. And 95% of the populace is either willfully ignorant or perfectly happy with a boot stomping on their face forever. We have willingly become hopelessly enslaved while believing we are free. We think we are free to buy whatever clothes, iGadgets, baubles and trinkets we desire, while becoming imprisoned in the chains of credit card debt hawked by Wall Street bankers. We think we are free to pursue higher education, while being saddled with government peddled non-dischargeable student loan debt and few job opportunities. We think we are free to buy/lease whatever new vehicle we choose every three years, while falling into the trap of lifetime monthly payments to the financial elite. We imagine ourselves free to live in a 4,500 sq foot McMansion, 50 feet from another McMansion, while Wall Street creatively lures you into the shackles of an epoch of debt. We believe we live in a country admired for its morality and freedom, while in actuality the world despises us for our hubris, meddling, murdering and hypocrisy. http://www.theburningplatform.com/2014/03/12/google-china-the-nsa-and-the-fourth-turning/


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How the Federal Reserve Has Failed America

aa-Dees - federal reserve as spider enveloping world The truth is the Fed incentivizes and rewards the most parasitic, least productive sector of the economy and forcibly transfers the interest that was once earned by the productive middle class to the parasites. Though the multitudes of apologists, lackeys, toadies, minions and factotums of the Fed will frantically deny it, the inescapable truth is that the nation and the bottom 99.5% would be instantly and forever better off were the Fed closed down and its assets liquidated. http://www.zerohedge.com/news/2014-03-12/how-fed-has-failed-america-part-2


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No Jobs, No Economy, No Prospects For Peace or Life

aa-American dream - George Carlin Just as “your” government and “your” prostitute media lie to you about Ukraine, Putin, Saddam Hussein, Gaddafi, Iran, Pakistan, Yemen, Palestine, NSA, spying, torture, 9/11, Obamacare, and literally everything under the sun, “your” government lies to you about the economy and hides from you the perilous state of your economic existence. If you are not among the One Percent, you have no future in America. http://www.paulcraigroberts.org/2014/03/07/jobs-economy-prospects-peace-life-paul-craig-roberts/


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The Looting of Ukraine Has Begun

aa-banksters - good poster Before anything approaching stability and legitimacy has been obtained for the puppet government put in power by the Washington orchestrated coup against the legitimate, elected Ukraine government, the Western looters are already at work. Naive protesters who believed the propaganda that EU membership offered a better life are due to lose half of their pension by April. But this is only the beginning. http://www.paulcraigroberts.org/2014/03/06/looting-ukraine-begun/


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Ben Bernanke Richly Rewarded for Speech at Abu Dhabi Conference

aa-ben bernanke - bens candyland good one It is interesting that many of the talking heads that cheer on Ben Bernanke’s current rewards in the “free market” seem not to recognize the inherent conflict between the free market and the central planning and controls exercised by the Federal Reserve and other central banks. The media fawning over Bernanke is nothing new; the mainstream media (MSM) covering for Bernanke and the Fed largely explains the failure of Congress to pass a genuine audit of the Fed in its entire 100-year history. http://www.thenewamerican.com/economy/markets/item/17783-ben-bernanke-richly-rewarded-for-speech-at-abu-dhabi-conference


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Who Gets Thrown Under the Bus in the Next Financial Crisis?

aa-bankster - jumped to death in 1930s Though everyone who is convinced the U.S. dollar will go to zero is confident that Wall Street will emerge victorious from the next financial crisis, I am convinced of the opposite: the Deep State will do whatever it takes to eliminate strategic threats to the integrity of the Deep State and the nation it depends on for its power and survival. In a financial crisis that threatens the dollar and the Deep State, the phantom claims of Wall Street’s financier skimmers, scammers and swindlers will be tossed under the bus with few qualms. The triage might even be performed with a certain relish. Put another way: we’ve reached Peak Wall Street and it’s all downhill from here. http://www.zerohedge.com/news/2014-03-03/who-gets-thrown-under-bus-next-financial-crisis


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Central Banker PM Says Ukraine Ready For IMF Auction Block

aa-banksters - 3-3-14 Arseniy Yatseniuk, the central bankster PM of post-coup Ukraine, has signaled IMF-inspired fire sales are on schedule. On Monday Yats, as the U.S. State Department fondly calls him, said Naftogaz Ukrainy, the national oil and gas company of Ukraine, will be put on the auction block. Ukrtransgaz, a Naftogaz Ukrainy subsidiary, operates the natural gas pipelines in Ukraine. The pipelines are used to transit Russian natural gas to eighteen European countries, including France and Italy. Naftogaz is the sole importer of Russian natural gas provided by Gazprom, the largest extractor of natural gas and one of the largest companies in the world. Yats is also ready to impose IMF austerity on Ukraine, already one of the poorest nations in Europe. “Yatsenyuk is the kind of technocrat you want if you want austerity, with the veneer of professionalism,” Vladimir Signorelli, president of boutique investment research firm Bretton Woods Research LLC in New Jersey, told Forbes last month. “He’s the type of guy who can hobnob with the European elite. A Mario Monti type: unelected and willing to do the IMFs bidding.” http://www.infowars.com/central-banker-pm-says-ukraine-ready-for-imf-auction-block/


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Top 10 Signs That Reveal Mounting Panic in the World Banking System

aa-banksters - very good one The MSM’s job one is to always obfuscate any potentially dangerous news that has a chance of frightening investors or depositors. After all, the goal of the world banking cartel/equities Ponzi scheme is to keep depositors and investors relaxed and passive in their comfort zones until the complete collapse of their positions is unavoidable. Here is a timeline of these very disturbing banking events that have occurred since last fall: http://www.lewrockwell.com/2014/03/no_author/top-10-signs-of-panic-in-the-banking-system%e2%80%a8/


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How International Financial Elites Change Governments to Implement Austerity

Many countries around the world are plagued by all kinds of armed rebellions, economic sanctions, civil wars, “democratic” coup d’états and/or wars of “regime change.” These include Ukraine, Venezuela, Syria, Thailand, Iran, Afghanistan, Iraq, Egypt, Yemen, Somalia and Lebanon. Even in the core capitalist countries the overwhelming majority of citizens are subjected to brutal wars of economic austerity. While not new, social convulsions seem to have become more numerous in recent years. They have become especially more frequent since the mysterious 9-11 attacks on the World Trade Center in 2001 and the 2008 financial collapse in the United States, which soon led to similar financial implosions and economic crises in Europe and beyond. Despite their many differences, these social turbulences share two common features. The first is that they are largely induced, nurtured and orchestrated from outside, that is, by the Unites States and its allies—of course, in collaboration with their class allies from inside. And the second is that, contrary to the long-established historical pattern of social revolutions, where the desperate and disenfranchised masses rebelled against the ruing elites, in most of the recent struggles it is the elites that have insigated insurgencies and civil wars against the masses. The two features are, of course, integrally intertwined: essentially reflecting the shared interests and collaborative schemes of the international plutocracies against the global 99%. http://www.counterpunch.org/2014/02/28/how-international-financial-elites-change-governments-to-implement-austerity/


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