At Jackson Hole: Be Very Afraid, Bankers are Channeling their Inner Rothschild
By David Hague
Posted September 9, 2015
First, let me capture your undivided attention. This will strike fear into your heart. To accomplish this, I will quote the sacred words of the primogenitor of all bankers, Mayer Amschel Rothschild, founder of the House of Rothschild. It was he who, famously opined, “Let me issue and control a nation’s money and I care not who writes the laws”. If one casts a discerning eye around the world these words are even more chilling.
One realizes that our bankers are channeling their inner Rothschild. They are in the process of, simply put, world domination. Click away from this commentary now if you dare, but before you do, let me declaim to you a passage from the letter that set the wheels in motion in 1863. The letter is from the “Book of Rothschild, Chapter 11, verses 3-12″. The letter ingenuously explains how simple it is for bankers to rule the world. These words, written with unalloyed exuberance and accuracy, are the blueprint being used today to create a “New World Order” ruled by our bankers. More…
Wall Street Parasites Have Devoured Their Hosts — Your Retirement Plan and the U.S. Economy
By Pam Martens
Posted September 4, 2015
In his new book, “Killing the Host,” Hudson hones an exquisitely gripping journey from Wall Street’s original role as capital allocator to its present-day parasitism that has replaced U.S. capitalism as an entrenched, politically-enforced economic model across America. Millions of American have long suspected that their inability to get financially ahead is an intentional construct of Wall Street’s central planners.
This book is a must-read for anyone hoping to escape the most corrupt era in American history with a shirt still on his parasite-riddled back. Now Hudson, in an elegant but lethal indictment of the system, confirms that your ongoing struggle to make ends meet is not a reflection of your lack of talent or drive but the only possible outcome of having a blood-sucking financial leech affixed to your body, your retirement plan, and your economic future. More…
A Layman’s Explanation Of The Wall Street Rigged Casino Analogy
by Mark St.Cyr
Posted September 3, 2015
You hear on the television, radio, or print that there’s been big gains with some never before seen larger “jackpot” happening down at the casino. (i.e., stock market) Now, curiosity has got the best of you. So, you decide to go see for yourself. Maybe, you’ve also decided to take along a good portion of any savings you might have “just in case” there is money to be made. For you’ve now caught that little scratch in the back of your mind “Hey, who knows, maybe things have changed, but I’m going to have to play to win so….” And off you go.
Let’s assume for simplicity sake that casinos are nothing new to you. You’ve been in a few and dabbled let’s say a decade ago. You know how they work where all the beautiful lights, and giveaway buffets are all paid with losers money. You remember these places almost always being full to capacity. People were laughing, eating, drinking, and all the trappings. So there you are eager to see what all the buzz is about for surely – if the jackpots have never been higher, then surely the place must be hopping. More…
The Crash of 2016: Wall Street Gets Ready
By Mike Krauss
Posted September 2, 2015
In the more than six years since the 2008 Wall Street crash, nothing has been done to rein in the abuses of the parasites in pin stripes that were its cause. Another crash is inevitable.
My guess is, it will come in late 2016, when the banksters have selected the candidate for president that will be as dependable an ally as the incumbent he or she will replace, as they did in 2008, to insure maximum political protection.
Give the devil his due. Understanding that in the next crash, the American people would crucify any president or member of Congress that approves another bail out, the banksters have set up an automatic bail out, which will be called by other names. More…
The Financial Times Calls for Ending Cash, Calls it a “Barbarous Relic”
by Michael Krieger
Posted August 29, 2015
So what about the reasoning for ending people’s ability to physically hold on to their own money? Wait, you’ll never guess, yes, it’s apparently necessary in order to give the least democratic, most destructive entities on planet earth, Central Banks, more power.
In the mind of an economic tyrant, banning cash represents the holy grail. Forcing the plebs onto a system of digital fiat currency transactions offers total control via a seamless tracking of all transactions in the economy, and the ability to block payments if an uppity citizen dares get out of line. More…
In case you think this can not happen here in the “land of the free”, the state of Louisiana has banned cash transactions for any used goods.
An Unexplored Side of the Greek Financial Crisis: Two Economies, One Currency
By Bill Miller
Posted August 28, 2015
Some will argue that investments put money to work, also creating social good – and yes, this is often the case. However, even in the best of such cases, the ability of money to circulate freely is constricted. If it were not, the rich could not remain rich. To remain wealthy, there must be an ability to recall dollars at some point; thus “spending” is turned into a “loan.” Moreover, the loan is offered at “interest,” thereby recalling even more dollars than were initially offered.
When stated so simply, it becomes clear that such an unbalanced flow of money makes a crisis inevitable at some point. The only way to delay (not avoid, but delay) it is through continual expansion of the economy – and the money supply in particular. This is euphemistically referred to as “growth.” Yet the above dynamics ensure that each expansion will eventually be absorbed, recreating the crisis at an ever-greater level of inequity. More…
Fixing Our Broken Economy: A Simple Guide for the Rest of Us
by Positive Money
Posted August 26, 2015
We see all around that the economy is broken. We have an unemployed labour force and we have empty factories, offices and shops – everything we need in fact to produce the goods and services we need. Yet the economy seems to be unable to produce enough real wealth, for lack of money. What is going wrong? The root of the problem is the privatisation of the creation of money.
Money is not the same as wealth. Real wealth comes from people using their skills to produce goods and services that other people want. Money is a claim on that real wealth, a tally of how much wealth we are entitled to. Money is the life-blood of the real economy.
Money and debt are created when banks make loans. If someone takes out a mortgage and buys a house, then the borrower ends up with debt, and the person who sold the house ends up with money. Neither the debt nor the money existed before the mortgage was taken out. More…
Life For Rent
by Don Findlay
Posted August 25,2015
We are born, in this world into a game that has already started. We arrive late…. really late, for the game is nearly completed. As in Monopoly, all of the properties are owned, and everywhere we land, rents must be paid.
We have no choice… these are the rules of the game. The game is not an option. There is not other way to survive. The land and the resources necessary for alternatives are gone and laws prevent us from hunting, fishing, and cultivating independent socities. To survive we need money and money is the key to winning the game.
All talk of freedom is absurd. We are only “free” to get into their game. The rules are set, quitting is illegal, so get started “earning a living”.We have no inherent human right to be alive. We must earn our right to exist by submitting to the authority of those who are winning at the game. More…
“Don’t Owe. Won’t Pay.” Everything You’ve Been Told About Debt Is Wrong
by Charles Eisenstein
Posted August 23, 2015
The legitimacy of a given social order rests on the legitimacy of its debts. Even in ancient times this was so. In traditional cultures, debt in a broad sense—gifts to be reciprocated, memories of help rendered, obligations not yet fulfilled—was a glue that held society together. Everybody at one time or another owed something to someone else. Repayment of debt was inseparable from the meeting of social obligations; it resonated with the principles of fairness and gratitude.
Today a burgeoning debt resistance movement draws from the realization that many of these debts are not fair. Most obviously unfair are loans involving illegal or deceptive practices—the kind that were rampant in the lead-up to the 2008 financial crisis. From sneaky balloon interest hikes on mortgages, to loans deliberately made to unqualified borrowers, to incomprehensible financial products peddled to local governments that were kept ignorant about their risks, these practices resulted in billions of dollars of extra costs for citizens and public institutions alike. More…
Trumping the Federal Debt Without Playing the Default Card
by Ellen Brown
Posted August 21, 2015
How can the country remain strong with very little debt, without defaulting on Social Security, Medicare, or the federal debt itself?
There is a way. The government can reduce the debt by buying it – and ripping it up. The debt can be bought either with debt-free US Notes of the sort issued during the Civil War, or with US dollars issued by the Federal Reserve in the form of “quantitative easing.”
The vast majority of the money supply today is created by banks when they make loans, as the Bank of England recently acknowledged. Banks create money by “monetizing” debt, turning loans into the digital deposits that make up most of the circulating money supply. The government could push the reset button by monetizing its own debt, turning it into what it should have been all along – debt-free, interest-free dollars. More…