January 5th,2009

Sheer Terror

Joseph Marohl

I’ve been stumped ever since the United States decided to defeat terrorism by using “shock and awe.”

“Shock and awe” is the phrase the Bush administration presented to refer to spectacular displays of military force in order to paralyze the will of the enemy. Like terrorism, it relies on spectacle, specifically the spectacle of destruction and violence, to psychologically traumatize (i.e. “terrorize”) an entire population to get the people to capitulate to the will of the aggressors.

The main point of difference between terrorism and shock and awe is the difference between “military”—the defense mechanism of recognized and approved states—and “paramilitary”—an unofficial, criminal, or makeshift military.

One might also question who or what the targets of shock and awe are, vis-à-vis terrorism. Sun Tzu’s The Art of War endorses a strategy of “instant decapitation” of “military and societal” targets. The 1945 bombing of Hiroshima and Nagasaki, large urban centers, which were, apart from their occasional usefulness as army depots, of no strategic military importance, is an example of American use of the strategy to cut short the war with Japan. But, then, can the argument be made that the Pentagon and White House as targets in 2001 were likewise military and societal targets—or, for that matter, the World Trade Center?

Were the American colonial minutemen terrorists? I suppose that depends on whom in the late eighteenth century you asked. Was Geronimo a terrorist? Oliver North?

Zionist paramilitary units were “terrorists,” so called in the early twentieth century—first against the Palestinians who lived on the land the Zionists believed God had given to them alone, and then, following the Second World War, against the British, who attempted to block the immigration of European Jews to Palestine, in principle to protect the balance of Palestinian Jews and Arabs.

With the founding of the state of Israel in 1948, supported by the United Kingdom and the United States, Zionist terrorism became nationalized and, dropping the “para-“ prefix, militarized—and then, for the most part, nobody called it terrorism. Longstanding friction between Jews and Arabs heated up—as, after the post-war influx of European Jews, Palestinian Arabs found themselves minorities on their own land, not unlike white settlers’ encroachment on Native American lands in the nineteenth century—and the heat’s been up ever since.

Hamas or the Islamic Resistance Movement is a paramilitary and political organization that the United States and other Western powers now label as “terrorist.” Like the early Zionists, Hamas believes God gave the land to them alone.

Unfortunately, God has kept mum on the matter while millions of Jews and Arabs have slaughtered each other and each other’s children with the kind of zeal only possible when religion and politics mix. If you can look up to a parent who gives a present to two children and sits by and watches while the kids fight each other to the death over it, have we got the Heavenly Father for you!

In 2006, in response to the demands of the US government, Palestinians held democratic elections and thus empowered the political wing of Hamas, who gained a parliamentary majority. However, the United States refuses to accept the legitimacy of this government and has sought to negate the election that brought it to power.

Hamas displaced a rival group, Fatah, a faction of the Palestinian Liberation Organization founded in 1954 by Yasser Arafat and others, all of whom used to be called “terrorists,” but now the United States and Israel claim Fatah as a friend and ally. Who could have guessed?

And as the US government has embraced torture, too, albeit under the name of “enhanced interrogation,” I think the distinction between what WE do and THEY do has become even blurrier.

Even once Bush is out of office, the “war on terror,” which has proved such a successful manipulative (and pliable) piece of propagandistic cant, can go on indefinitely, since the locus of terrorism shifts with each new change in alliance—and from different points of view.

Quick, tell me: Libya, terrorist or antiterrorist state? Pakistan? Iran? China? Cuba? Forget that the expression “terrorist state” appears to contradict some part of the fundamental definition of terrorism—unless, of course, terrorist state refers to nations who engage in shock and awe or whose civilian intelligence agencies engage in “black ops”—secret political actions outside ethics, law, and agreed-upon conventions of fair and just war.

Is the United States a terrorist state? Who’s asking?

Another view of the “War in Iraq”

Rob Obringer

In general I am against what we have been doing in Iraq and that it is despicable that we went in to that conflict under false pretenses. Whatever else we’ve done there since the initial invasion causes me to have a mixed reaction that falls somewhere between: A.) I don’t want any more violence to happen to our troops or innocent people and B.) Hopefully that country will be able to rebuild itself eventually.

These feelings were complicated further when exactly a year ago my older brother, Will, deployed with the Army to Baghdad. He is a lawyer in the Army in the 4th Infantry Division out of Ft. Hood in Texas, and is now a Captain. Being a lawyer, he has mostly been on base and in an office out of harms way, from what I know anyway. The communication I’ve had with him about exactly what his duties are has been sparse. However, I was recently forwarded an article that will likely be published in an Army newsletter or government publication that describes exactly what he is doing.

In an article written by Major Lorraine Januzelli titled, “MND-B Rule of Law Team: Striking a Balance”, she describes a two person Army team in Baghdad who are part of an assignment to help re-write and update the Iraqi legal system. The system is still based on the Code of Hammurabi from ancient Babylonia and involves everything from marriage to slavery. The tablets that describe this law, according to the article, are on display at the Louvre in Paris and date to 1792 B.C. The goal of the partnership that this “Rule of Law Team”, according to the article, is working towards modernizing the legal system “so that it is a sustainable part of the current legal infrastructure, respects the historical context, and is accepted by the culture.” One of the people working on this team is my brother, Captain Will Obringer.

I don’t know if I would have been made aware of this particular partnership that the U.S. and Iraqi’s are working on if my brother was not involved. I received the article as a forward from my brother’s fiancee. Upon reading it, I felt really good about what my brother is doing over there. Working with the theories of laws of an ancient people is I’m sure a rare opportunity for those in the Army. I’m sure they must have studied up on the history of the land and history of the laws. They are trying to make sense of two different legal systems, Common Law (U.S) vs. Civil Law (Iraq). It’s a big issue to work with. One that will help modernize the Iraqi legal system. According to the article, they are mostly working with the “initial stages in the legal process” which involves due process to ensure evidence and suspects that enter the legal system happens fairly. They are also working to preserve the traditions and history that exist in Iraqi law because, according to the article, the Iraqi people are proud of their legal system for the most part.

I don’t know if it is being proud of my brother, or finding something out that we are doing in Iraq that is good, but I am happy to hear about our activity with this type of partnership. If we could work with the Iraqi’s to make their legal system a bit more fair, a bit faster and more streamlined, I think it would be a good thing for them.

I’m sure there are many other good stories going on over there that involve our troops. Some people have closed their eyes and ears and won’t recognize anything we are doing in Iraq after finding out our motives for going into that country were fraudulent. I was close to that point, and then my brother was sent in. Talking to him before he left, he was proud of what he was doing and was looking forward to his experience in Iraq. I’ve been proud of him, and now knowing what he is doing is encouraging to me. Hopefully there are other stories happening in Iraq that we can all be proud of. I encourage all who might have closed their eyes to our troops there to open them up and find a good story. You may not even think that this is a good thing that our government is doing, helping Iraqi’s with their legal system. I understand. But I do know that there are good people in our military, who are working hard. I respect that, and am proud of what one soldier is doing, and I’m sure there are others.

November 15th, G20 Emergency Economic Summit will Discuss Global Currency

Allison Bricker

Finance Ministers and Central Bankers from twenty advanced and emerging nations continue to fly into Washington D.C. to join President Bush and President-Elect Obama for tomorrow’s “Emergency Economic Summit”1. As the global financial meltdown continues to worsen, the architects of the crisis are ready to heave upon us the next step in their scheme to monopolize monetary policy into one global central bank. As we have watched these preceding weeks, these criminal financiers and bankers have already advanced their agenda by nationalizing banks, flooding the market with an endless supply of new fiat bank notes, and continuing to artificially control the value of these currencies via adjustment of interest rates.

While their filthy blood soaked hands continue to manipulate their faux capitalist market; a power struggle for which currency will become the global currency is emerging. This most certainly will be issue number one when the “Emergency Economic Summit” is called to order.

Fellow readers, it is necessity to plainly articulate the ruse in progress now being perpetrated upon us. Most people give not a penny’s thought to the structure of a Central Bank, but we must first realize its structure to comprehend the sinister nature of their manipulation.

Central Banks are those banks in charge of issuing currency in the name of a government. However, these Central Banks are not government owned, they are confederations of private banks which then lend debt instruments in the form of “Reserve Notes” for use in the markets.

The banks that own the FEDERAL RESERVE hold shares of stock in the corporation that is the FEDERAL RESERVE. However, “we the people” cannot own these “private” shares of stock, they are reserved solely for bankers.2

As the Central Banks loan “Reserve Notes”, the owners of these banks fraudulently amass obscene amounts of wealth for themselves. We are not talking about the “Upper Class”, these criminal bankers make up a fraction of 1% of the Globe’s population, a separate wholly exclusive “Banker class”. As we are distracted by “middle class” and “upper class” fighting over “tax-breaks for the wealthy”, the “Banker class” gets government to use their currency first loaned to us then taken from us via taxation to purchase assets for these Central Bankers vis-a-vi “The Wall Street Bailout”.

Chase Bank, the 3rd largest bank in the world for example, (also one of the member banks which owns part of the FEDERAL RESERVE), used a portion of the taxpayer bailout funds to buy up the assets of “Washington Mutual Bank”. Just recently, the FEDERAL RESERVE poured another $125,000,000,000 Billion into nine banks in exchange for partial ownership. The FEDERAL RESERVE is now refusing to identify the banks and other recipients of these funds, as another $125,000,000,000 Billion sits ready to acquire additional assets at a moments notice.3

So why is all this important to the aforementioned “G20 Emergency Economic Summit”? Because European Central Bankers see the mismanagement of our economy by our Central Bank, the FEDERAL RESERVE, as an opportunity to make the “Euro” and the European Central Bank the world’s currency and Global Central Bank respectively.

Gordon Brown, Prime Minister of the United Kingdom has referred to this meeting as “Bretton Woods II” stating:

“Stage two is to make sure problem that developed in the financial system, problems we know started in America, do not happen again.”4

Bretton Woods was the international monetary policy agreement that shaped the financial order following World War II. At the time, one of the chief architects of the Bretton Woods Policy, John Maynard Keynes called for the creation of a World Central Bank and currency called the “Bancor”.5 The United States refused to go along and instead the U.S. Dollar became the defacto currency of choice. However, the EU and many others are convinced that now is the time to knock us from our perch. The International Herald Tribune reports:

PARIS: French President Nicolas Sarkozy says the U.S. dollar should no longer be seen as “the only global currency” that it has been since World War II.

The French leader says he will deliver that message to leaders of the Group of 20 major world economies at a summit in Washington this weekend to discuss the global financial crisis.6

While our Central Bank is most certainly responsible for the mismanagement of their centralized banking scheme, do not expect the FEDERAL RESERVE to go down without a fight. In order to buttress our negotiating strength, the FEDERAL RESERVE has agreed to bribe the Central Banks of Brazil, Mexico, and South Korea7 (all attending this weekend’s summit8) with the issuance of $30,000,000,000 Billion Dollars in currency swaps each. A currency swap is where we agree to take a Central Bank’s currency such as the Mexican Peso, loan their Central Bank a line of our currency, hold it for a time up to 30 years or when volatility in a market has passed and then swap back the currency for an additional fee.

Fellow readers, regardless of what new schemes emerge from this “Emergency Economic Summit” of corrupt Central Bankers. Regardless of whether the Dollar loses its status as preferred currency now or later is immaterial. We the People, just as Americans did twice before in our history, must call for an end to the 3rd Central Bank of America. We must End the FEDERAL RESERVE, return to sound money owned wholly by our U.S. Treasury, or risk becoming subservient within a decade, by my estimation, to a Global Central Bank.

The opportunity is indeed upon us to take the first step in the long journey towards Reclaiming the Republic and Restoring America’s financial Independence. To re-secure the blessings of debt free liberty to ourselves and our posterity, we must not bury our heads and refuse to acknowledge the crisis; that through candid observation of the facts, can no longer be denied. If we refuse, or shrink from our responsibility, let it be clear that further erosion of liberty and independence will become all the more difficult to regain. If like me, you wish not to pass on this perpetual cycle of debt and its inherent bondage, then please consider joining me on November 22nd to work towards ending the Federal Reserve’s corrupt tenure.

God’s Speed and Long Live the American Republic!

 

Source(s): 1National Interest Online - “Bretton Woods Redux”2 Woodward, G. Thomas (1996), “Money and the Federal Reserve System: Myth and Reality,” Congressional Research Service. • 3Bloomberg - “Bank Bonds Rise May Ease Pain of Refinancing $89 Billion Deb”4 Politics.co.UK “Brown Launches ‘Bretton Woods Two’ “5 BBC - “How Bretton Woods Reshaped the World” 6 International Herald Tribune - France’s Sarkozy questions dollar’s supremacy7Bloomberg - “Fed Opens Swaps With South Korea, Brazil, Mexico” 8 G20 Website, “About-Us” #3 Membership

President-Elect Obama’s Insincere Commitment on the Environment

Allison Bricker

During the campaign, President-Elect Obama promised voters that if elected, he would get right to work on getting government to “fix” the environment.1 You know, much in the same way that the government has “fixed” education, retirement, poverty, drug use, housing, etcetera. However, as they say, the devil is in the details.

In 1998, when President-Elect Obama was in the Illinois Senate, he voted ‘aye’ for a bill condemning “The Kyoto Treaty”, explaining in a campaign statement, [Kyoto] did not have “meaningful and achievable emissions targets.”2 Additionally, President-Elect Obama routinely took electric utility and coal industry money during the campaign totaling $539,597. Previously, during his run for United States Senate in 2004, he was flanked by Illinois coal workers proclaiming “there’s always going to be a role for coal”. Even as recently as the West Virginia Primary, Illinois Representative Dan Reitz, original sponsor of the Illinois Anti-Kyoto bill stated:

“He [Obama] understands how important coal is to the state of Illinois and to the Midwest,”2

However after receiving the Democrat party nomination, President-Elect Obama stated in his election manifesto that he would set a goal of reducing US emissions to 1990 levels by 2020 and by 80 percent by 2050, using a cap-and-trade system scheme and a 10-year program worth $150 billion Dollars in renewable energy research and development.3

This scheme when implemented, sets a ceiling on the total amount of gases allowed to escape into the atmosphere via assigned industry credits. If the industry goes over their allotment they are forced to purchase “credits” from a direct or indirect competitor which has not gone over their allotment. The end result, higher energy costs for Americans as the companies pass these “credit purchase” costs down onto the consumer. One then wonders exactly how he plans to “fix” the economy, when by proxy the government will help to increase American’s energy bills. As if the rising cost of groceries and durable goods was not enough, now we can look forward to Uncle Sam raising our energy bills.

Let us also not forget that once this “scheme” is in place, there will be an influx of speculators into the market, where just like with oil prices, the price of energy “credits” will swing wildly further destabilizing an already volitile market.

However, the saddest part of all this hot air (CO2) being expelled from King Obama, is the fact that while he is so concerned with pointing the finger at “we the people”, we have yet to hear him indicate his plans for tackling the biggest polluter of all. Yes fellow readers, the same group of scoundrels put in charge of “protecting the environment”, the United States Government4. From the gallons of jet and rocket fuel dumped into the Atlantic and Pacific oceans by NASA, the Air Force and Navy, to the radioactive waste shipped cross country, the American government continues to escape the line of sight, while they target us, for “environmentally conscious behavior modification”.

Finally, President-Elect Obama will send transition team members to the upcoming United Nations Climate Summit, December 1st through 12th in Poznan, Poland. While we will likely glean some insight into King Obama’s policies; whether he wishes to completely hand over American environmental sovereignty will have to wait until just before the Copenhagen talks begin in 2009. It is my opinion that he will indeed seek to erode American sovereignty further via either an expanded Kyoto type treaty or global version of the “North American Agreement on Environmental Cooperation”5. Neither of which will help protect the environment and instead will only line the pockets of professional environmentalist robber barons.

Source(s): 1Bloomberg.com WorldWide2 USA Today via GreenChange “Obama embraced coal industry, condemned Kyoto treaty” by: Ken Dilanian3 AFP - “Climate talks: Obama victory offers hope, but Congress is key”4 CONGRESSIONAL RECORD-Extensions of Remarks October 28, 20005Commission for Environmental Cooperation

The Fairness Doctrine: Internet Censorship Coming Soon to a Web Page Near You

Allison Bricker

In past conversations with colleagues and friends, I have often commented that some day soon the internet our generation has come to know, the wealth of information available via the click of a mouse, will cease to exist. That in the place of this unfiltered and uncensored access to information, will come a government controlled, censored version of the world wide web under the auspices of the FCC or some other bloated failure of a bureaucracy.

Many have replied to me stating that this was “Henny Penny” or “Chicken Little”, that this simply could not happen here in the land of the free. My counter has been and remains that this will come wrapped in the veil of “protecting the children” or “net neutrality”. We have already seen internet service providers like Comcast and AT&T implement “bandwidth filtering” and “I.P Blocking” as a means to restrict access or to make viewing videos difficult or next to impossible.1

The technology to accomplish complete filtering already exists and is being used in China with the help of Google, Microsoft, Yahoo, and Cisco. These American companies are co-conspirators with the Chinese government in constructing what is now known as “The Great Firewall of China”. This censorship completely removes hyperlinks from search engine queries/blog posts and includes any and all websites the Chinese government deems “inappropriate”. Websites such as Falun Gong, the Tibetan government-in-exile, and critics of the 1989 Tiananmen Square massacre, just to name a few.2

Further, just this past summer during the Beijing Olympics, athletes staying in the Olympic Village found their own internet access censored, uncensored, then censored again from going to websites like Amnesty International, Wikipedia and the BBC.2

Additionally, for those readers who think its just the Chinese government, think again. Australia is joining in mandatory internet filtering for all of its citizens after first suggesting that the censorship would be optional. The impetus behind this fascist move? You guessed it, the scare tactics of Child pornography and child predators.3 Nevermind, that perhaps parents should consider monitoring their own child’s activities online. Hell, why bother when you can just have the government do the parenting for you? - ah the nanny state.

In fact, Human Rights Watch states:

“…there is a real danger of a Virtual Curtain dividing the internet, much as the Iron Curtain did during the Cold War, because some governments fear the potential of the internet, (and) want to control it”

With the coronation of President Obama just around the corner and the likely enlarged Democrat majorities in the House and Senate, we are already beginning to hear calls for a reimplementation of “The Fairness Doctrine” echoing the halls of Congress. The “Fairness Doctrine” implemented in 1949 mandated holders of FCC “Broadcast Licenses” covering political or controversial topics to supply “equal time” to the other side of the issue.4 Finally, In 1987, during the Presidency of Ronald Regan (R-CA), “The Fairness Doctrine” was finally abolished5

Some statists would love to see government mandate what and how we hear specific issues. However the funny thing is,”The Fairness Doctrine” only applied to radio and television broadcast which contained an opinion, it did not cover newspapers. It is my opinion that if the newspapers were not specifically mentioned via the 1st Amendment, they too would have fallen under the iron fist of “The Fairness Doctrine”.

The pull-peddling bureaucrats gained control over radio and television by vomiting up the socialist epoch that “the airwaves are collectively owned by the public and thus under government domain.” Well fellow readers I say bullsh!t, the airwaves are no more public than a newspaper company’s printing presses are public or that somehow Smargus.com is owned by the public.

Do we think for a moment that had radio, television, or the internet been realized at the time of the Bill of Rights that the founders would have limited the inherent right to free speech and opinion to newspapers? It is my opinion that the Founders would have not truncated our inherent right to free speech solely to the printed word. The underlying principle of the 1st Amendment is that we are born with the gift of communicating our opinions to anyone willing to listen, my right to share how I feel on a topic is not mine by government license, it is mine and yours simply by our breaths.

Do we think this very simple principle will halt the control freaks in Washington from reinstating “The Fairness Doctrine”? In my opinion, no. Only this time as the economy begins to collapse further and that “international crisis”6 that Senator Biden carelessly quipped forces President Obama to make those “unpopular decisions”7 we will see a new more vigorous “Fairness Doctrine” implemented by the plutocratic scoundrels in Washington. It is also my opinion that this “Fairness Doctrine” will seek to implement “internet filters” vis a vis China and Australia, and perhaps some sort of “Internet Domain Licensing” as they have as well.8

 

Source(s): 1Converge Network Digest2 The London TeleGraph, Online3The Herald Sun4Donald P. Mullally, “The Fairness Doctrine: Benefits and Costs”, The Public Opinion Quarterly, Vol. 33, No. 4 (Winter, 1969-1970), p. 577 • 5United States Court of Appeals for the District of Columbia Circuit, Syracuse Peace Council v.FCC 6The Washington Post7ABC News Blog 8Administration of China Internet Domain Names Procedures

The Reality Behind Columbus Day

Sara Houston

1492 Columbus sailed the ocean blue. Everyone in America has learned this saying by the time they are in the second grade. We all know the story, right? Poor Columbus fought for years to receive royal funding in order to discover a new route to the Indies (or some variation of this story e.g. sailed to prove the earth wasn’t flat). But how many of us have heard “1493 Columbus stole all he could see”? How many of us really know and understand the significance of Columbus’s “discovery”? Most of us are taught that during the age of exploration, curiosity was on the rise and so set sail Columbus, looking to satisfy his curiosity. How many of us have ever questioned this rationale? Why do we choose to celebrate Columbus’s discovery rather than, say, the Vikings? What are we really celebrating when we honor Columbus Day? The fact is that we are truly honoring conquest and exploitation of indigenous people; however, we are all ignorant to the truth because of the lies and mythologies entrenched in our history textbooks and society as a whole.

Volumes of research have been dedicated to the true history behind Columbus’s motives for sailing and what he set out to accomplish. I will not attempt to cover all of it here, but here’s one well-known fact: he did not set sail to prove the world was round nor is it certain that he set sail to discover a western route to the Indies. The fact is that historians don’t know for sure. Yet our history and our society present these motives as undisputable fact while leaving out the important truths behind Columbus’s voyage to what is now modern-day Haiti. So, if Columbus was not motivated by mere desire for exploration or trade, what indeed was his motive? His motive was purely conquest and exploitation in order to amass more wealth, using Christianity to rationalize his behavior in Haiti. When Columbus arrived in Haiti, he immediately claimed everything he saw right off the boat. As per previous island “discoveries”, the Spaniards would read aloud (in Spanish) to the native peoples what came to be known as “the Requirement”:

“I implore you to recognize the Church as a lady and in the name of the Pope take the king as lord of this land and obey his mandates. If you do not do it, I tell you that with the help of God I will enter powerfully against you all. I will make war everywhere and every way I can. I will subject you to the yoke and obedience to the Church and to his majesty. I will take your women and children and make them slaves….The deaths and injuries that you will receive from here on will be your own fault and not that of his majesty nor of the gentlemen that accompany me.”

After scouting out the island in 1492, Columbus remarked that the island was filled with Indians ripe for subjugation. By 1493, Columbus’s intentions were to plunder the island of Haiti – primary sources from this time frame are very clear about his plans. He returned to Haiti heavily armed on his second voyage. Upon arrival, Columbus and his men demanded food, gold, spun cotton – basically, whatever the Indians had that they wanted, including sex with their women. The Spaniards used sheer terror and torture to subjugate the natives. If an Indian stepped out of line even the slightest bit, his punishment was to have his ears or nose cut off. So began Columbus’s, thus the Spaniards, reign of terror over Haiti for the next 63 years. The primary goal for Columbus was to take what wasn’t his and to destroy those who weren’t like them.

So, why is this important today? What does it really matter that year after year we idolize and hero-worship this man without knowing the truth behind his endeavors? The bubble gum version of his story that we are fed from childhood keeps us from really questioning the basis of our current society in America. The lack of facts keeps people from intelligently thinking about why the West dominates global society today. This story allows our culture to perpetuate social support for American Imperialism by reinforcing the tendency not to think about the process of domination and what this costs us (and those subjugated by us) in the long run. The only difference between Columbus’s motives in Haiti and our motives in Iraq (or substitute any other Third World country) is that today we rationalize our conquest by our doctrines of free market capitalism and democracy rather than Christianity.

Source(s): James W. Loewen, Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong • Kirkpatrick Sale, The Conquest of Paradise

Commercial Paper Funding Facility (CPFF) - WTF?

Allison Bricker

“Would you like fries with that unsecured loan?” This may not be too far off from reality now that the Federal Reserve has stepped in and decided to become the preferred drive-up ATM of multinational corporations.  The Federal Reserve has done such, due to Wall Street investment banks and global central banks utterly refusing to extend anymore of these loans, a.k.a Credit Crunch.

Yes, fellow readers, the Federal Reserve, under Section 13: Sub-Section 3 of the Federal Reserve Act (1913/Amended)1, has decided to set up the Commercial Paper Funding Facility. The what you ask? Well let us see what the Federal Reserve says in its press release dated October 7th, 2008.2

* Green text denotes my attempt to decipher the double-speak legalese that follows.)

By eliminating much of the risk (i.e. bypassing the free market) that eligible issuers (private investment banks) will not be able to repay investors (your 401k) by rolling over (extending credit limit, delaying repayment) their maturing commercial paper obligations, this facility (the FED) should encourage investors to once again engage in term lending (more credit, more debt, more credit) in the commercial paper market. Added investor demand should lower commercial paper rates (interest rates) from their current elevated levels (free-market check/balance forcing interest rates high meant to stop businesses reliance on the endless cycle of debt to pay bills) and foster issuance of longer-term commercial paper.(bunches of more credit not due until a future generation and hey who cares we’ll all be dead) An improved commercial paper market will enhance the ability of financial intermediaries to accommodate the credit needs of businesses and households (perpetuating the addiction to debt and living beyond one’s means).

If this makes your head spin, let us just sum it up this way. “Commercial Paper” is an I.O.U written by Multi-National Corporation A, sold to Wall Street investment bank/global central banks for large sums of money so Multi-National Corporation A can pay its bills and employees. All this money is loaned from Wall Street investment bank/global central banks solely  based on a promise to repay; backed up by no real asset, i.e. a factory, a cement truck, etcetera.  Most of the time however, instead of demanding repayment of the loan, the investment bank merely rolls over the debt to be repaid at a later time with a higher rate of return and then stuffs them into their clients mutual funds and other crafty Wall Street “security instruments”.  Therefore in no time at all, a promise to repay $100 million becomes $150 million to $250 million and so on and so on.

So now that we know what “Commercial Paper” is, let us look at how the Federal Reserve will “fix” this problem. With the purchasing of Commercial Paper paper being refused by the banks, the Federal Reserve has put on its super hero cape (made from the finest Chinese silk, funded by the taxpayer of course) and has offered to buy up these I.O.U’s for companies the Fed decide “worthy”.   This effectively puts the Federal Reserve in a god-like position to determine which businesses survive while other businesses fail.

Don’t you just love the smell of a predatory market shell game in the morning?  We shall see the set up for mid to large sized Main Street/regional businesses to be absorbed into multi-national conglomerates or deemed a possible upstart competitor and thus allowed to fail.

Fellow readers, the international banking cartel cares not about Main Street. The Plutocrats who reside as the Secretary of the Treasury and Federal Reserve’s 7 member Board of Governors (appointed by President of the United States, confirmed by Senate) are solely concerned with amassing and consuming as much for themselves, the rest of us be damned. We must realize they look at us with scorn as parasites to be used up like any other commodity, you know, “human resources”.

Fellow readers, please do this very sleepy blogger a favor and do not misconstrue the aforementioned as Capitalism nor any semblance of a Free Market.  It is the power brokers practicing their brand of Greediocracy.  Let us do all we can to speak clearly, loudly, and in stark opposition to allowing these criminals to bypass the Constitution and amass any more power on their insidious march towards Feudalism 2.0

Source(s):1http://www.federalreserve.gov/aboutthefed/section13.htm
2http://www.federalreserve.gov/newsevents/press/monetary/20081007c.htm

Peter Schiff on the Collapse of the Dollar

Kelly

Former economic adviser to Ron Paul and President of Euro Pacific Capital, Peter Schiff, has frequently been seen on cable news channels CNN, and CNBC as our current economic situation has heeded the call for intelligent and serious analysis. The following video was added to youtube a little over a year ago, by Gerard Hoeberigs of the Netherlands, however it is more relevant now than ever.

The Inevitable Collapse of the Dollar

Asian Stock Markets Plunging in Response to Growing Fears of Recession

Kelly

Fear of a global recession is sending global markets into a downward spiral. At 1:30a.m. CDST, CNN broke in turning the airwaves over to CNN International to report the free fall of the Asian markets, indicating that Wall Street will likely see another day of across the board losses.



Zeitgeist II: Addendum Advocates Population Control?

Allison Bricker

Have you ever really been a fan of something only to find out it is a wolf in sheep’s clothing, i.e. the classic bait and switch? My partner and I enjoyed watching the original Zeitgeist last year as it railed against the establishment, the Federal Reserve, and threw a critical eye to the origins of modern religion. We applauded what seemed to be a philosophy based in challenging the status quo.

This past Summer, while leaving a comment on a friend’s MySpace profile, I stumbled across the trailer for “Zeitgeist II: Addendum”.  The trailer indicated it would premiere on October 3rd, 2008 and as such I eagerly awaited its online release.  However, having researched further into the Zeitgeist website, its source material, and underlying philosophical motivations, this blogger is thoroughly convinced it is yet another finely crafted slick marketing piece advocating globalism.

The Zeitgeist homepage has a link beneath the Addendum place holder image, listed as
“-IMPORTANT REFERENCE SOURCES-”.  Clicking the link takes you to a page that states:

Note: We at Zeitgeistmovie.com promote the following “Zeitgeist: Addendum”
reference material because of our belief in the importance of the message. We
make absolutely no
money off of sales.

Following their fervent non threatening statement of “belief in the message” the site then points viewers to “One of the Most Important Books you will ever read”, entitled “The Best that Money Can’t Buy” by, Jacque Fresco. Peter Joseph, director and producer of ZeitGeist I and II further reinforces his adamant support for the aforementioned book stating:

This book was a critical influence for Parts 3 and 4 of “ZeitGeist: Addendum”

Unfortunately, this book is nothing more than another half-ass attempt at “perfecting human society” through a “resource based economy”.  This same “goal” has been advocated relentlessly by the plutocratic oligarchs in their veiled attempt to market humanity oppression, disguised in benign gift wrapping.  This is the same ultimate goal as the failed “League of Nations” and its predecessor, “The United Nations” which also advocates, one world governed without borders for the benefit of humanity. (insert Kum-Ba-Yah chorus here).

Following the link to the “Venus Project”, one is taken to what looks like a Star Trek junkie’s bad acid trip, who is obviously stuck in some bizarre 1970’s science-fiction-midlife crisis.  Behind the gaudy rendering of future buildings, home, bridges etc, is the real bowl of crazy behind “The Venus Project”. Clicking on the Venus Project’s statement on a “Resource Based Economy”, one is greeted by the insidious goal of the group.  The 6th paragraph or setup, of the group’s statement, utterly contradicts subsequent paragraphs, stating:

We must emphasize that this approach to global governance has nothing whatever in common with the present aims of an elite to form a world government with themselves and large corporations at the helm, and the vast majority of the world’s population subservient to them. Our vision of globalization empowers each and every person on the planet to be the best they can be, not to live in abject subjugation to a corporate governing body.

However, just two paragraphs down, they state their philosophy’s mean to achieve its end:

At present, we have enough material resources to provide a very high standard of living for all of Earth’s inhabitants. Only when population exceeds the carrying capacity of the land do many problems such as greed, crime and violence emerge. By overcoming scarcity, most of the crimes and even the prisons of today’s society would no longer be necessary.

So since we as intellectual, intelligent, individuals, who do not live under rocks know; resources are already less than balanced for a population of 6.8 Billion and rising.

So how exactly does Mr. Jacque Fresco expect to “balance the carrying capacity of the land” and do away with prisons? Furthermore,  how is it any different than this Council on Foreign relations globalist asshole?

Or this statement from the United Nations 1994 International Conference on Population and Development:

Full Document

With these changes, the focus of United Nations population conferences shifted from expertise to policy. In the minds of donor governments and population activists, the main purpose of population conferences became, arguably, the effort to make governments more aware of their population problems and to encourage and assist them in lowering the birthrate.

So while I am all for getting rid of the Federal Reserve and the debt based economy, challenging those in power, questioning the origins of modern religions, abolishing the Income Tax, etcetera. My philosophy does not align with yet another example of elite statism, disguised by Peter Joseph and his movie as revolutionary.  My great hope is that there will be a second age of reason, whereby humanity regains its inherent rights and liberty by throwing off the oppressive hands of tyranny, not merely replacing one group of elitist plutocrats with another.

Don’t Tread on Me!





Source(s): ZeitgeistTheMovie.com - TheVenusProject.com -  United Nations: 1994 International Conference on Population and Development