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Apr 9, 2014

Jim Willie: Central Banker Liars, New Currency, Fatal Errors, Psycho War

From MarketoracleApr 09, 2014
A global clash of nations is underway in full gear. The storm is picking up speed, power, intensity, and damaging force. Many are the swirls of the current situation. A hodgepodge of topics have been caught and trapped, best to discharge on paper, the effect like a wondrous enema. The banker lies grow thicker, as they are unable to so easily deceive anymore. The potential currency fix appears more imminent, as the solution seen as an assault on American interests (military angle). Any nation getting off the US Wagon Train is a rogue nation, the theme having become tired and ineffective. The fatal errors committed by the US economists and banker elite have finally resulted in clear signs of systemic failure.
The psychological warfare is like a gigantic fog, as people's defenses are being challenged, even those based in fantasy and convenience. The world is undergoing change, the nightmare continues, while the Paradigm Shift moves into the fast lane by expedience. Entire swaths of wealth are being waterlogged, tainted, and ruined. The USDollar has been stuck in the corner for three years, finally pushed into the corner crack, sure to fall below the matt, where below lies a spittoon. The Hat Trick Letter informs and warns the public, converts the disheartened and confused among us, edifies clients, and provides forecasts like signposts to guide in the increasing fascist darkness. At the same time, it seems to drive families crazy, since when attempting to admonish and caution, the efforts are often seen as uncomfortable overturning of the temple tables (business and mental). So be it. Forewarned is forearmed, but many prefer their delusions and homes built upon false assumptions. The Jackass prefers reality accountable to the flow of events and verified facts, where actions can be taken in defense of livelihood and even life savings. The clash of worlds must be reported and properly understood.
CENTRAL BANKER LIARS

Apr 8, 2014

Darth Vader Economics: Why the Banksters Want Inflation

Andrew_McKIllop-2By Andrew McKillop
21st Century Wire, APRIL 7, 2014

When it comes to matters of macro economic sorcery, why is it that government ministers and financial media pundits always defer to private bankers?
What exotic secrets do they hold?

Last week, The European Central Bank (ECB) announced they have no choice but to fire-up the money-printing presses again – to kick-start a new inflationary cycle.

ECB President Mario Draghi, aka Dark Helmet, swore that he and his Sandmen will to doanything to stop the price of everything from ‘staying too low’.
We’re told it’s out of altruism for the common herd that quantitative easing must happen, again. Who really are they concerned about – us, or their wonderful global casino?

Grunge story from the groping world of the Vampires


All you need to know is that when there is inflation, the banksters don’t want it. And when there is no inflation – or heaven forbid, deflation and declining prices – they also don’t want it.

Yes, the Masters of the Universe are mighty hard to please. Plenty of people say they are crackpots, and very dangerous ones at that.

Almost exactly 100 years ago, in 1913, the US Federal Reserve was founded as a private entity, but for decades before the writings of Norwegian-origin economist Thorsten Veblen and militant anti-banker action by American activists, including Thomas Jefferson himself, hammered the message that private central bankers were the final capstone layer on the Bloodsuckers’ Pyramid. Jefferson, Jackson and others were right, the money changer were then, and are still now – all pitiless. They not only ‘pump and dump’ the value of money, but also routinely start wars and ruin peoples’ lives. Jefferson, for example, wanted nothing to do with them, and was adamant that the ‘US should never have a private central bank’. But it got one.

Stack Jones from The Banking Swindle described the climate leading up to the creation of the US Federal Reserve circa 1891, where one British labor leader described the Rothschilds banking oligarchy as follows:

“This blood-sucking crew has been the cause of untold mischief and misery in Europe during the present century, and has piled up its prodigious wealth chiefly through fomenting wars between States which ought never to have quarreled. Whenever there is trouble in Europe, wherever rumours of war circulate and men’s minds are distraught with fear of change and calamity you may be sure that a hook-nosed Rothschild is at his games somewhere near the region of the disturbance.”

Flash forward to 2014. Why the central banksters should suddenly want inflation, because there isn’t any, is what Sherlock Holmes would call, “very intriguing”.

1-Mario-Draghi-ECBHow interesting that the ultimate central bank – the IMF, sent along its winsome sorceress Christine Lagarde to the microphone on April 3rd, at exactly the same time that Europe’s arch-bankster Mario Draghi (image, left) was also on stage. Both of them said that, at least in Europe, ‘something needs to be done and fast – because we banksters are losing the fight against inflation. Inflation is too low. This is a crisis!’

She even coined a new term, calling it “low-flation”.She warned us that if they don’t act fast, then prices of all goods and services might even turn negative – and morph into deflation. Her April 3rd outburst reported by all news agencies, was timed to coincide with Dark Helmet Mario’s somber press conference at the European Central Bank, telling the world that low-flation is the real menace. Then Dark Helmet found himself on a roll and couldn’t restrain himself (it’s his passion for the Empire you see), insisting that his governing board, with only a few dissenters like German central bank chief Jens Weidmann, were all coming around to his call for emergency measures – where savings accounts, whether belonging to millionaires, or to common plebs and proletariat, should be given a dose of “negative interest rates’. In other words tax them – don’t remunerate them. Dark Helmet believes that those ‘do-nothing savers’ would soon get the message: Go out and spend it, or we’ll take it!

Apr 4, 2014

Fort Hood Job Posting: “Seeking Individuals To Act As Role Players…In A Mass Casualty Exercise”

By Mac Slavo - SHTFPlan

Speculation as to the circumstances surrounding the most recent mass shooting at Fort Hood abounds.

A recent posting on Craigslist is fueling the fire even more, with some suggesting that it is evidence of yet another government-facilitated false flag operation.

According to a March 12, 2014 snapshot of a listing on the popular classifieds web site, the government was looking for individuals to act as role players to participate in a “mass casualty exercise” scheduled for March 17, 18 and 19 and to be held on base at Fort Hood, TX. Contractors were to be paid $100 for their participation.

Here is a screen grab of the posting at Archive.org, a historical database of the Internet that captures the content of millions of web pages daily:


According to Craigslist the posting has been deleted from the web site by its author. It is not clear when the deletion took place.


As has been the case with many recent acts of terrorism on U.S. soil, it seems that police or military have often been engaged in training exercises that closely mimic the actual events, often during the exact same time as the “real” event was taking place.

This was evident during the attacks of September 11, 2001 when the US military was engaged in a training exercise involving North American Air Defenses. As the attacks on the World Trade Center were taking place recordings from civilian and military operators reveal that military chain of command wasn’t sure whether the events being portrayed were “real world” or training. Experts suggest that this confusion contributed to a complete meltdown in America’s national defenses.

But September 11th isn’t the only example.

Ahead of the mass shooting at Sandy Hook Elementary the Department of Homeland Security was staging a mock exercise just minutes away.

A few days prior to the Aurora, Colorado theater shooting a university just 16 miles away had staged an exercise that eerily depicted a gunman shooting movie goers.

And, after the Boston Marathon bombing the Department of Homeland Security officially acknowledged “frighteningly similar scenarios” between an exercise dubbed Operation Urban Shield and the actual events that took place at the marathon. The drill itself was held in Boston, Massachusetts and happened to be taking place in a live environment at the Marathon and at the very moment that the bombings were being executed.

We can chalk all of this off to coincidence, but given that nearly every major terrorist act in the United States in recent years has been preceded by a military or Homeland Security exercise depicting similar scenarios within minutes of where the actual events took place, one can’t help but question the official narratives.

Hattip Outlaw

You can read more from Mac Slavo at his site SHTFplan.com, where this first appeared.

Apr 3, 2014

Keiser Report: Jim Rickards Interview – Rickards Exposes Himself as Establsihment SHILL Covering Up CIA Involvement in 9/11 Insider Trading

by SGT, SGT Report.com:
In the second half of Thursday’s Keiser Report, Max interviews Jim Rickards about his new book, ‘The Death of Money’. The fireworks begin when Max and Jim talk about the insider trading in American and United airlines in the days leading up to 9/11. The 9/11 conversation begins in earnest at 14:35.

Once again Jim Rickards claims, “This was insider trading BY terrorist associates, I want to be scientific and rigorous about the evidence, but separate this from some of the crazy theories out there that somehow the US government was behind 9/11, that’s all nonsense. And again I want to separate myself from that,” rather than revealing the TRUTH: Criminal Foreknowledge and Insider Trading leads directly to the CIA’s Highest Ranks.
To Max’s great credit, at 18:00 he calls Rickards out on it and names trading firm Alex Brown and Buzzy Krongard specifically as being directly involved:
We know that these trades were done at Alex Brown, which is a firm not too far from the CIA, which was run by Buzzy Krongard… he then took a job as the Deputy Director of the CIA under George Tenet DURING the events of 9/11. So here you have a firm, in Baltimore, where the trades were done, that was run by the guy who is now the Deputy Director at the CIA. Your thoughts, your comments.”
At which point Rickards totally exposes himself as an establishment, Bankster-CIA shill.

Mar 26, 2014

The US Is Now Spending 26% Of Available Tax Revenue To Pay Interest

From ZeroHedge:
by Simon Black of Sovereign Man blog,
By the 19th century, the Ottoman Empire had become a has-been power whose glory days as the world’s superpower were well behind them.
They had been supplanted the French, the British, and the Russian empires in all matters of economic, military, and diplomatic strength. Much of this was due to the Ottoman Empire’s massive debt burden.
In 1868, the Ottoman government spent 17% of its entire tax revenue just to pay interest on the debt.
And they were well past the point of no return where they had to borrow money just to pay interest on the money they had already borrowed.
The increased debt meant the interest payments also increased. And three years later in 1871, the government was spending 32% of its tax revenue just to pay interest.
By 1877, the Ottoman government was spending 52% of its tax revenue just to pay interest. And at that point they were finished. They defaulted that year.
This is a common story throughout history.
The French government saw a meteoric rise in their debt throughout the late 1700s. By 1788, on the eve of the French Revolution, they spent 62% of their tax revenue to pay interest on the debt.
Charles I of Spain had so much debt that by 1559, interest payments exceeded ordinary revenue of the Habsburg monarchy. Spain defaulted four times on its debt before the end of the century.
It doesn’t take a rocket scientist to figure out that an unsustainable debt burden soundly tolls the death knell of a nation’s economy, and its government.

Mar 21, 2014

NASA Study: "Collapse Is Very Difficult To Avoid"

From ZeroHedge,
by Simon Black of Sovereign Man blog,
 
As any long-time reader of this column knows, we routinely draw from historical lessons to highlight that this time is not different.
Throughout the 18th century, for example, France was the greatest superpower in Europe, if not the world.
But they became complacent, believing that they had some sort of ‘divine right’ to reign supreme, and that they could be as fiscally irresponsible as they liked.
The French government spent money like drunken sailors; they had substantial welfare programs, free hospitals, and grand monuments.
They held vast territories overseas, engaged in constant warfare, and even had their own intrusive intelligence service that spied on King and subject alike.

Of course, they couldn’t pay for any of this.
French budget deficits were out of control, and they resorted to going heavily into debt and rapidly debasing their currency.

Stop me when this sounds familiar.
The French economy ultimately failed, bringing with it a 26-year period of hyperinflation, civil war, military conquest, and genocide.

History is full of examples, from ancient Mesopotamia to the Soviet Union, which show that whenever societies reach unsustainable levels of resource consumption and allocation, they collapse.
I’ve been writing about this for years, and the idea is now hitting mainstream.

A recent research paper funded by NASA highlights this same premise.

According to the authors:
    “Collapses of even advanced civilizations have occurred many times in the past five thousand years, and they were frequently followed by centuries of population and cultural decline and economic regression.”

Mar 17, 2014

Putin Has Nuclear Economic Bomb-Jim Sinclair

From USAwatchdog, March 16, 2014
By Greg Hunter

4By Greg Hunter’s USAWatchdog.com   (Early Sunday Release)
World renowned gold expert Jim Sinclair is worried about the crisis in Ukraine.  Sinclair says, “Welcome back to the cold war that can get hot overnight.”  It appears President Obama has brought back the Cold War, and Sinclair contends, “He’s brought it back by changing to a new normal diplomacy, making outrageous threats on a continuing basis rather than seeking a solution.”  The referendum vote in Crimea that is overwhelmingly in favor of joining Russia, and yet, officials in the West say it is illegal or illegitimate.  Sinclair says, “To say that is to deny the reality the government in the Ukraine is a government created by a coup.  To say that is to bring us to the brink of war. . . . Mistakes can happen.  War can start anytime you have two entities together with weapons of war looking at each other with lots of hate.  I am concerned about the mistake of aggressive machinery and aggressive people looking right at each other.”  
On possible U.S. sanctions on Russia, such as excluding them out of the international payment system called the SWIFT system, Sinclair says, “The use of the SWIFT system (Society for Worldwide Interbank Financial Telecommunication) to create a difficulty, almost a prohibitive difficulty in doing business by preventing bank wires, that would be one of the possibilities.  Already, the BRICS nations are developing their own SWIFT system.  So, the mistake of using the SWIFT system, short of absolute war, is that it has created a competitor that all the BRICS will be using.”  Sinclair also thinks, “To sanction Russia is to forget that Russia supplies Europe with its gas supplies.  To sanction Russia is to forget there are many U.S. and European corporations operating within Russia right now.  I honestly believe sanctioning Russia is the same as shooting yourself in the foot.” Sinclair goes on to say, “When you think you can push an ex-colonel of the KGB, you are not making a proper analysis of the personality of the person.  The whole idea that Russia is only a regional power–where in the world did that come from?  Anybody that is nuclear capable to the degree that Russia is with its delivery systems is a world power.  We hear constantly Russia is only a regional power.  We hear lies.  We hear untruths.  We don’t have a clear picture to what is taking place.”  
On Russia countering Western sanctions, Sinclair says watch the “struggling dollar” and Russia accepting any currency for oil and natural gas.  Sinclair explains, “It’s struggling . . . because it smells the real teeth of retaliation for sanctions being in the simple acceptance of any currency whatsoever for payment for gas to Europe.  Believe me, they will settle in other currencies. . . . It makes energy cheaper.  Why in the world would anyone want to pay in dollars if they can pay in their own currency?  Russia could retaliate in a way that would have phenomenal impact on the U.S. dollar. . . . Russia has the upper hand.  They have it in their ability to turn the U.S. economy upside down and into collapse.  There is no question whatsoever.  Putin doesn’t need a nuclear bomb. He has a nuclear economic bomb that he can set off at any time.”  

Mar 16, 2014

Tax Havens Aren't a Modern Invention

From Laissez Faire Today, March 15, 2014
Tax Havens Aren't a Modern Invention
Dear Laissez Faire Today Reader,
There's 31 days until you have to send in your pound of flesh to Uncle Sam. That might be a little dramatic, but in the end, that's practically what they're asking for. They want what they think is theirs. So you're going to have to hand over a portion of your time/money to pay for all the government programs they have in store for you.
But it wasn't always like this.
In fact, ever since governments figured out they could take their citizens, the citizens have been figuring out ways around whatever laws they put in place. In honor (or should we say dishonor) of the upcoming Tax Day, here's Charles Adams' introduction to his book Tax-Haven Tales, a book published by Laissez Faire Books. And keep reading to find out how you can set up your own personal (and legal) tax haven for your hard earned money. 

Tax-Haven Tales: The Historical Perspective
3
Charles Adams
There must have been tax havens ever since civilization began, because there is no civilization that did not tax. Early America was a tax haven to Europeans, including the Dutch and Spanish, as well as the English colonies. Historians claim that more Europeans emigrated to America to avoid Europe's hated taxes than for any other reason. America was thus the first tax haven in the modern period. Pamphlets published in 1630 in Amsterdam tried to enlist Dutch citizens to purchase passage to New Amsterdam (later New York) by pointing out the tax freedom they would enjoy there. One is translated: "Freedom ... granted to all those who would settle in the New Netherlands, published to publicize what profits and advantages there are in the New Netherlands, for the Colonists and their Patrons and Masters ... who settle in the Colonies over there... "
The most amazing tax haven in the ancient world was established by the Romans in the second century B.C. on the island of Delos in the Aegean Sea. The commercial giant in that area was the Rhodian Empire on the island of Rhodes, which at that time surpassed Athens and Sparta. It was a natural stopover for trade, so all commerce to the eastern Mediterranean from Greece, Rome, and elsewhere, passed through Rhodes -- and paid a 2% tax. For that tax, the Rhodians kept the sea lanes free from pirates. Also, Rhodes had entered into a treaty with the Romans in which the Rhodians would act as a buffer state between Rome and Macedonia, who were at war at that time. The Romans turned over some ports and lands to the Rhodians, assuming that Rhodes was on Rome's side.

The Rhodians shocked the Romans by taking a neutral position, offering to act as a mediator in the war. This infuriated the Romans, who then, without any help from Rhodes, went on to defeat the Macedonians. As punishment, rather than undertake military action against Rhodes, the Romans set up a tax-free port on the nearby island of Delos. In the first year, tax revenues at Rhodes declined by 85%. And in a short time Rhodes disappeared from history as the commercial giant it had been. The powerful Roman state had achieved victory over the Rhodians by establishing a tax haven to undercut a 2% tax. No military or naval action was necessary.

Tax havens played an important role in the growth and stability of the Roman state. Tax policy was often more significant, even more powerful, than the Roman legions. The Roman government rewarded faithful cities with tax-free status, called libertas, or liberty. Liberty in the ancient world meant freedom from taxes, nothing more. "Tribute," said Cicero, was "punishment for making war against Rome."

Consequently, many cities wisely, and even enthusiastically, supported Roman military expansion. Because, as they knew, victory for Rome would mean a reward of tax-free status. This was a most popular policy of Julius Caesar, and accounted for much of his success. In the National Archeological Museum in Madrid, Spain, there is on exhibit a Treaty for the City of Urso, a Julius Caesar colony. It provided for an emergency tax obligation during war-time only; otherwise, the city was granted immunity from all Roman taxes. In effect, a tax haven status in the otherwise heavily taxed Roman domain of Spain.

The Jews did everything wrong in dealing with Rome. When General Pompey entered Judea with his legions on his way to Persia, around 63 B.C., the General wanted a treaty of friendship with the Jews, and probably would have granted them tax-free status; that would have changed the course of Jewish history for a thousand years. The Jewish rulers turned down the offer of friendship and forced Pompey to cancel his military operations into Persia, and started the first Jewish-Roman war. The Jews lost this war, as with all the wars to follow, and ultimately brought about their destruction and dispersion.

Another great tax tragedy occurred in the seventh to the ninth century A.D., when the religion of Islam took over the vast Christian domains in the civilized world, from the Middle East to Spain. Roughly half of the Christian world succumbed to Islam. The phenomenal spread of Islam was not achieved by military action, but, as with Rhodes, through an enlightened tax policy by the Islamic rulers.

Christianity had been the dominant state religion since the time of Constantine, and the Christians were burdened with heavier taxes as Roman taxes became more brutal and oppressive. When the Moslems arrived with their modest armies, they offered the Christians the choice of paying taxes or accepting the faith of Mohammed and paying no taxes. As the saying goes, it was an offer the Christians could not refuse.

Mar 14, 2014

Is The Deep State Fracturing Into Disunity?

From ZeroHedge,
by Charles Hugh-Smith of OfTwoMinds blog,
 
I recently discussed the Deep State and "throwing Wall Street under the bus" with my friend and colleague Jim Kunstler.
When we speak of The Powers That Be or the Deep State, this ruling Elite is generally assumed to be monolithic: of one mind, so to speak, unified in worldview, strategy and goals.

In my view, this is an over-simplification of a constantly shifting battleground of paradigms and political power between a number of factions and alliances within the Deep State. Disagreements are not publicized, of course, but they become apparent years or decades after the conflict was resolved, usually by one faction winning the hearts and minds of decision-makers or consolidating the Deep State's group-think around their worldview and strategy.

History suggests that this low-intensity conflict within the ruling Elite is generally a healthy characteristic of leadership in good times. As times grow more troubled, however, the unity of the ruling Elite fractures into irreconcilable political disunity, which becomes a proximate cause of the dissolution of the Empire if it continues.

I recently proposed the idea that Wall Street now poses a strategic threat to national security and thus to the Deep State itself: Who Gets Thrown Under the Bus in the Next Financial Crisis? (March 3, 2014)


Many consider it "impossible" that Wall Street could possibly lose its political grip on the nation's throat, but I suggest that Wall Street has over-reached, and is now teetering at the top of the S-Curve, i.e. it has reached Peak Wall Street.

Consider what the extremes of Wall Street/Federal Reserve predation, parasitism, avarice and power have done to the nation, and then ask if other factions within the Deep State are blind to the destructive consequences:

How The Fed Has Failed America, Part 2 (March 12, 2014)
The Fed Has Failed (and Will Continue to Fail), Part 1 (March 11, 2014)
Can anyone not in Wall Street or the Fed look at this chart and not see profound political disunity on the horizon?

source: Poll Shows Why QE Has Been Ineffective (STA Wealth Mgmt)

I recently discussed the Deep State and "throwing Wall Street under the bus" with my friend and colleague Jim Kunstler: here's the resulting podcast, which you can download or listen to on whatever device you are using at the moment: KunstlerCast 250 — Chatting with Charles Hugh Smith
Jim's trademark wit and clarity guide the discussion, and he kindly lets me blather on about the Deep State. I think you'll find the discussion of interest; you certainly won't hear this topic being aired elsewhere.
I have covered the Deep State and profound political disunity for many years:
Going to War with the Political Elite You Have (May 14, 2007)
The Shape of Things To Come (July 8, 2011)
The Master Narrative Nobody Dares Admit: Centralization Has Failed (June 21, 2012)


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