How Trump Could Shrink the Government (While Still Keeping the Good Stuff) | POLITICO Magazine

Editor’s Note: This is one of the soundest analysis of what’s possible under the Trump administration focusing on solutions instead of hysteria. Please read the entire article.

By Michael Grunwald

limitedgovernmentDonald Trump’s political brand is about fighting and winning, and he has promised to fight and win a war on big government. As a candidate, he often attacked the federal bureaucracy as a bloated monstrosity teeming with “waste, fraud and abuse all over the place,” and vowed to “cut so much your head will spin!” As president-elect, he continued his clamor on Twitter, pledging to save taxpayers billions on “out of control” programs like the F-35 fighter jet.

But Trump has also proclaimed his belief in an activist government, portraying himself as a kind of father-figure leader who will “take care of people.” He insisted during the Republican primary that, unlike his opponents, he would never cut a single dollar from Social Security, Medicare or Medicaid, or let Americans “die on the streets.” His agenda to Make America Great Again is in many ways a big government agenda, with bleeding-heart goals like rebuilding infrastructure and reviving inner cities, as well as get-tough goals like beefing up the military and walling up the border

Trump’s critics cite this split-screen attitude toward government as evidence that he’s running a con. And his early moves, like stocking his administration with Goldman Sachs alumni, do suggest he won’t feel constrained by his drain-the-swamp campaign talk. But if Trump’s two-sided rhetoric about government sounds like a con, it should sound like a familiar con, because Presidents Bill Clinton, George W. Bush and Barack Obama all fed us similar lines. They all argued that the federal government is too big, wastes too much money and tries to do too many things—but also that it should perform vital functions like defending the nation, supporting the elderly and providing a safety net for the vulnerable.

In fact, polls show that most Americans agree with both of those arguments, which might help explain why politicians who make them keep winning the White House. As Obama put it in The Audacity of Hope, voters “don’t expect government to solve all their problems,” but do “figure government should help.” And those dual beliefs happen to be sensible ones, not just popular ones. It’s hard to see how Americans can be assured of clean air and water, a basic level of subsistence and protection from foreign invaders without federal intervention; it’s just as hard to see why the federal government needs 200 science education programs spread across 13 separate agencies. It’s disturbing that we’re the only wealthy nation without universal health insurance, and also that our government delivers 81 billion annual pieces of junk mail. If you think about it, this amounts to a logical theory of governance that would be revolutionary in practice: Washington really should do some big stuff in a big way, while doing a lot less stuff overall. It ought to focus on policy wars of necessity rather than wars of choice—and then fight those wars with overwhelming force.

This triage approach to governance could be called “limited-government liberalism,” although Trump certainly wouldn’t use that phrase. Or perhaps, to borrow a slogan that Bush never really defined, it could go by “compassionate conservatism.” Its motto could be Clinton’s only-half-remembered 1996 declaration that “the era of big government is over—but we cannot go back to the time when our citizens were left to fend for themselves.” It’s about as close as this polarized nation has to a bipartisan political philosophy, and it’s probably the rosiest scenario, if not the likeliest scenario, for the kind of radical change Trump could bring to Washington. It would involve near-constant battles with the special interests and other insiders Trump always talks about battling; it could appeal to Trump’s self-image as a heroic disrupter of an entrenched status quo; and it could be quite popular, a quality populists tend to like. Read more…

Source: POLITICO Magazine

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The Collapse of the Western Fiat Monetary System may have Begun. China, Russia and the Reemergence of Gold-Backed Currencies | Global Research

By Peter Koenig

On 19 April 2016, China was rolling out its new gold-backed yuan. Russia’s ruble has been fully supported by gold for the last couple of years. Nobody in the western media talks about it. Why would they? – A western reader may start wondering why he is constantly stressed by a US dollar based fiat monetary systems that is manipulated at will by a small elite of financial oligarchs for their benefit and to the detriment of the common people. 

In a recent Russia Insider article, Sergey Glaziev, one of Russia’s top economists and advisor to President Putin said about Russia’s currency, “The ruble Is the most gold-backed currency in the world”. He went on explaining that the amount of rubles circulating is covered by about twice the amount of gold in Russia’s Treasury.
In addition to a financial alliance, Russia and China also have developed in the past couple of years their own money transfer system, the China International Payment System, or the CIPS network which replaces the western transfer system, SWIFT, for Russian-Chinese internal trading. SWIFT, stands for the Society for Worldwide Interbank Financial Telecommunication, a network operating in 215 countries and territories and used by over 10,000 financial institutions.

Up until recently almost every international monetary transaction had to use SWIFT, a private institution, based in Belgium. ‘Private’ like in the US Federal Reserve Bank (FED), Wall Street banks and the Bank for International Settlements (BIS); all are involved in international monetary transfers and heavily influenced by the Rothschild family. No wonder that the ‘independent’ SWIFT plays along with Washington’s sanctions, for example, cutting off Iran from the international transfer system. Similarly, Washington used its arm-twisting with SWIFT to help Paul Singer’s New York Vulture Fund to extort more than 4 billion dollars from Argentina, by withholding Argentina’s regular debt payments as was agreed with 93% of all creditors. Eventually Argentina found other ways of making its payments, not to fall into disrepute and insolvency.

All of this changed for Argentina, when Mauricio Macri, the new neoliberal President put in place by Washington, appeared on the scene last December. He reopened the negotiations and is ready to pay a sizable junk of this illegal debt, despite a UN decision that a country that reaches a settlement agreement with the majority of the creditors is not to be pressured by non-conforming creditors. In the case of Argentina, the vulture lord bought the country’s default debt for a pittance and now that the nation’s economy had recovered he wants to make a fortune on the back of the population. This is how our western fraudulent monetary system functions.

China’s economy has surpassed that of the United States and this new eastern alliance is considered an existential threat to the fake western economy. CIPS, already used for trading and monetary exchange within China and Russia, is also applied by the remaining BRICS, Brazil, India and South Africa; and by the members of the Shanghai Cooperation Organization (SCO), plus India, Pakistan and Iran, as well as the Eurasian Economic Union (EEU – Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan). It is said that CIPS is ready to be launched worldwide as early as September 2016. It would be a formidable alternative to the western dollar based monetary Ponzi scheme.

The new eastern monetary sovereignty is one of the major reasons why Washington tries so hard to destroy the BRICS, mainly China and Russia – and lately with a special effort of false accusations also Brazil through a Latin America type Color Revolution.

In addition, the Yuan late last year was accepted by the IMF in its SDR basket as the fifth reserve currency, the other four being the US dollar, the British pound, the euro and the Japanese yen. The SDR, or Special Drawing Right, functions like a virtual currency. It is made up of the weighted average of the five currencies and can be lent to countries at their request, as a way of reducing exchange risks. Being part of the SDR, the yuan has become an official reserve currency. In fact, in Asia the yuan is already heavily used in many countries’ treasuries, as an alternative to the ever more volatile US dollar.

It is no secret, the western dollar-led fiat monetary system is on its last leg – as eventually any Ponzi scheme will be. What does ‘fiat’ mean? It is money created out of thin air. It has no backing whatsoever; not gold, not even the economic output generated by the country or countries issuing the money, i.e. the United States of America and Europe. It is simply declared “legal tender’’ by Government decree.

No pyramid scheme is sustainable in the long run and eventually will collapse. It was invented and is used by a small invisible upper crest of elite making insane amounts of profit on the back of the 99% of us. Since these elitists are in control of the media with their lie propaganda, as well as the warmongering killing machine, US armed forces, NATO, combined with the international security and spy apparatus, CIA, MI6, Mossad, DGSE, the German Federal Intelligence Service (BND) and more, we are powerless – but powerless only as long as we ignore what’s really going on behind the curtain.

Our western monetary system is based on debt has all the hallmarks of a failing global monster octopus. The US banking system was deregulated in the 1990’s by President Clinton. The European vassals followed suit in the early 2000’s. About 97% of all the money in circulation in the western world is ‘made’ by private banks by a mouse click in the form of ‘loans’ or debt. Every loan a private bank hands out is a liability on that bank’s books; a liability that bears interest, the key generator of the banks’ profits. Profit from thin air! No work, no production, no real added value to the economy.

If and when the banks within this web of debt begin recalling their outstanding liabilities, they may set a non-stoppable avalanche in motion – leading to a chaotic end of the system. This end-run may have just begun. We have seen a gradual build-up since the end of WWII with the armament of the Cold War farce, and a high point with the manufactured sub-prime crisis of 2007 / 2008 / 2009, prompting an artificial and endless global economic crisis which may come crashing down in 2016 / 2017.

The damage may be humongous, leaving behind chaos, poverty, famine, misery – death. With the invisible ruling elite having cashed in, remaining on top and being liable to start again from scratch. – If we let them. It always boils down to the same: An uninformed people can be manipulated at will and is left in awe when hit by unexpected events, like acts of terror by bombs or banks.

Let us be crystal clear – we are all uninformed as long as we listen to and believe in the mainstream media – which are controlled by six Anglo-Zionist media giants, feeding the western public with 90% of the information, the so-called ‘news’ that we consume so eagerly every day; the barrage of lies that repeat themselves in every western country every hour on the hour – and, thus, become the truth. Period.

We must get out of our comfortable armchairs, listen to that innermost spark in the back of our minds, telling us against all avalanches of lies that there is something wrong, that we are being fed deception. We have to dig for the truth. And it is there – on internet, on alternative media, like Global Research, Information Clearing House, VNN, The Saker, NEO, Russia Today, Sputnik News, PressTV, TeleSUR – and many more credible sources of truth-seekers.

Back to the impending collapse. – The ground rules for our pyramid monetary scheme have been laid in 1913 by the creation of the FED. Again, the FED is an entirely private, Rothschild dominated banking institution that serves as the US Central Bank. It is the omnipotent dollar making machine. It was fraudulently and secretly conceived in 1910 on Jekyll Island, Georgia, and described by Jekyll Island history (http://www.jekyllislandhistory.com/federalreserve.shtml ) as the “duck hunt” which

“included Senator Nelson Aldrich, his personal secretary Arthur Shelton, former Harvard University professor of economics Dr. A. Piatt Andrew, J.P. Morgan & Co. partner Henry P. Davison, National City Bank president Frank A. Vanderlip and Kuhn, Loeb, and Co. partner Paul M. Warburg. From the start the group proceeded covertly. They began by shunning the use of their last names and met quietly at Aldrich’s private railway car in New Jersey.”

The concoction of these secretive “duck hunters” became in 1913 the privately owned Rothschild dominated Federal Reserve System, the US central bank by deceit.

After signing the FED act into existence, President Woodrow Wilson declared,

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”

The Anglo-Saxon system had a central bank in England since way back in 1694. It was then already controlled by the Rothschilds, as was the entire banking system. Baron Nathan Mayer Rothschild once declared:

“I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man that controls Britain’s money supply controls the British Empire, and I control the British money supply.”

The Rothschild family’s fortune cannot be properly estimated, but it must be in the trillions. What Baron Nathan Mayer Rothschild may have said some 300 years ago, still holds true to this day.

No wonder, breaking loose of this sham monetary scheme is number one priority of most countries that treasure sovereignty, autonomy and freedom, though they do not dare say so openly, lest the empire lashes out at them punishing them with the very financial terror they want to escape from. And lashing out at the unaligned world the empire does, like a dying beast, attempting to pull with it much of the living world into its own shoveled grave.

Is it therefore coincidence or a rather a purposefully planned convergence of several events as a last ditch effort first to ravage then to salvage as much as possible before the collapse?

On 10 April, Zero Hedge reports “Austria Just Announced A 54% Haircut of Senior Creditors in First “Bail In” Under New European Rules”. The Austrian “bad bank”, the failed Hypo Alpe Adria, that became Heta Asset Resolution AG after the government’s nationalization, found a US$ 8.5 billion hole in its balance sheet, enough to trigger the new European ‘bail-in’ rule. Is it coincidence that also in Austria a major bank failure triggered the Great Depression also on a 10th of April – in 1931? – This is a first in Europe. Be prepared for others to follow, as over-extension of European banks is estimated in excess of a trillion dollars.

On 15 April, the New York Times reported that – Five of Wall Street’s eight largest banks are in defiance of the US banking regulator. The FED and FDIC said that “JP Morgan, Chase, Bank of America, Wells Fargo, State Street and Bank of New York, all lacked ‘credible‘ plans to enter bankruptcy in the event of a financial crisis.” These banks have until October 2016 to comply. Under the new rules a tax-payer bail-out would be unlikely. Hence ‘bail-ins’ could affect millions of depositors and shareholders, their funds being stolen in order to self-rescue the too-big-to-fail banks. After all, non-compliance with the regulator’s requests, or insolvency, can easily be manufactured as a legal base for stealing common people’s savings. No worries, the TBTF banks will not go away, but your savings may.

The CIA released Panama Papers (for who still doubts about the CIA involvement in the release of the Panama Papers,

read here http://journal-neo.org/2016/04/09/the-panama-papers-the-people-deceived/),

aimed in a most rudimentary way at defaming the ‘usual suspects’, Presidents Putin and Assad, as well as Iran, Venezuela, Brazil, of course – and others. Strangely no notable EU or US citizens or corporations were on the list. Would anybody seriously believe that Mr. Putin, a former KGB agent, would be so ignorant as to putting his fortune (even if he had any to hide) into Panama, the epitome of a US puppet state, where you can’t flush a toilet without Washington knowing it?

Some token neocons appear in the published papers, like Argentina’s new ‘Washington appointed’ President Mauricio Macri, who is running amok ruining his country. Within less than four months he has rolled Argentina’s economy back by ten years, raising poverty from below 10% in November 2015 to 34% by the end March 2016. The Empire needs him to keep gradually turning Argentina into chaos, however not too quickly, lest he may be ‘deposed’ and replaced by a US adversary – that would not at all be appreciated in Washington. For the types of Macri that made it on the list, the Panama Papers are a warning signal to keep them in-check.

The publication of the Panama Papers may also be an incentive for US citizens and corporations to bring home trillions of undeclared dollar holdings stacked away in overseas tax havens into homeland financial shelters like those in Delaware, Wyoming, South Dakota and Nevada, thereby helping strengthen the gradually decaying dollar.

Simultaneously, some European countries and Japan introduced negative interest rates, so as to increase monetary liquidity, thereby hoping stimulating an ever stagnant economy. That’s the pretext. In reality however, negative interests are but a precursor to a wholly bank controlled financial system. Normally ‘bail-ins’ and negative interest would cause a run on the banks. This has not happened yet.

In Switzerland, one of the first countries to introduce negative interests, the Swiss National Bank reported that the demand of the 1,000 franc notes – one of the world’s highest value denominations (apparently to be maintained despite ECB Draghi’s call for elimination of high denomination bank notes) – increased by 17% (by CHF 4.7 billion – US$ 4.85 billion) in December 2014, the month following the introduction of negative interests. May it be an indication that the Swiss have quietly started hoarding big-denomination cash?

Future hoarding and runs on the banks will be countered by the introduction of a cashless society, i.e. all monetary transactions will gradually become electronic. The process has already begun. In Sweden and other parts of Europe, as well as Japan, cashless supermarkets and department stores claim big success, especially with the young consumers, who happily play along paying electronic cashiers by swiping their cell phones in front of an electronic eye.

The Young and Innocent – if they only knew that the banking oligarchs want to control their money and enslave them with a ‘fun gadget’, they may decide to resist.  But well know those who control the system that the young are the drivers of the future. We, the old resistance will eventually die out. Problem solved. – But we are not dead yet. The Times are A-Changing… (Bob Dylan, 1964).

The nefarious trio – ‘bail-ins’, negative interests, and a cash free society – will make living in the industrialized ‘first world’ a sheer nuisance, a stressful dance on toes, as the emperor’s proverbial Damocles Sword hangs intimidatingly above us.

Washington may have one last joker up its sleeve – reintroducing the ‘gold standard’, the very gold standard that Nixon abandoned in 1971. The US have also been accumulating huge amounts of gold over the past 25 years. A new US dollar gold standard would most likely be set at a ratio that would wipe out all US debt, including future ‘unmet obligations’ (GAO – General Accounting Office) of about US$ 125 trillion. It would attempt to keep the western industrialized world in Washington’s orbit, but might lose most of the developing world owning natural resources coveted by the west. These countries oppressed and colonized for centuries are likely to gravitate to the new China-Russia alliance – leaving the outsourced and outwitted west alone without workforce – and with a massive but outdated military power.

To counter the build-up of this criminal last ditch sham by the western Zionist banking czars, China and Russia have been preparing over the last few years an independent financial system, delinked from the US dollar and which now incorporates the BRICS, the SCO nations, as well as the Eurasian Economic Union. This association of countries and economies account for about half the world’s population and at least one third of the globe’s economic output; a fact totally ignored by the mainstream media, for obvious reasons. The Machiavellian sinking ship does not want its passengers to jump to safety.

The 19 April 2016, announcement by China of its gold-backed yuan, no longer convertible into dollars, may just trigger an economic shift into the ‘eastern camp’. Many countries are wary and tired of western exploitation, enslavement, threats of sanctions, oppression and an ever present danger of invasion by the killing machine. The decoupling of the dollar by a third of the world economy may indeed open new horizons, creating new alliances, new hope for a more equal and just world.

Peter Koenig is an economist and geopolitical analyst. He is also a former World Bank staff and worked extensively around the world in the fields of environment and water resources. He writes regularly for Global Research, ICH, RT, Sputnik, PressTV, CounterPunch, TeleSur, The Vineyard of The Saker Blog, and other internet sites. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed – fiction based on facts and on 30 years of World Bank experience around the globe. He is also a co-author of The World Order and Revolution! – Essays from the Resistance.

Tracking Global Changes | Thrive Together


ThriveTogether

By Kimberly & Foster Gamble

When I was in high school in the 1960s, I had this fabulous high school teacher who asked the students what period in history we wanted to study. We chose the Vietnam War because that was what was happening in our midst at that time. As a class, we invited in speakers from every possible perspective and we got magazines from every possible perspective. We looked at fascist, communist, socialist, left wing, right wing, I.F. Stone’s Weekly, Council on Foreign Relations/Foreign Affairs. We really would have a huge array of perspectives and then, as a class, we would discuss them. This experience opened up a world of learning to me and it especially opened up the world of tracking current events as they were unfolding, realizing that history is being made right now.

A big part of the motivation for ThriveTogether was to share that experience with our network, to help share the skills and the experience of tracking what’s going on right now in the world, whether it has to do with following the money or breakthrough technologies, or new solutions strategies, all kinds of alternative eco-communities around the world, education…any number of things. Everything is changing right now in really radical ways and we are tracking that and sharing what we’re learning with our network and learning from you.

That’s what’s happening and in our first ever live event this weekend we talked a little more about following the money and about some possible scenarios that we can imagine from our perspective. We don’t know what’s going to be happening, but we know that major global changes are going down right now, so I wanted to share some of them with you, our broader network, and to say if you can join the conversation through ThriveTogether, great! If you can’t, I highly encourage you to be tracking these things on your own because it’s really an amazing time in history and the ramifications are profound.

What’s going on right now? In 1944, after World War II, the Bretton Woods Agreement established the IMF and the World Bank and it was soon after that that the U.S. dollar was established as the sole currency for international trade. Now, for the first time since then, countries all around the world, growing numbers (every few days new countries are joining in on this) are trading not using the dollar. It includes Canada, New Zealand, Paksitan, Russia, China, Australia, India. Every day someone new is joining in on that. It’s very significant.

I think between Russia and China, nearly a trillion dollars worth of deals have been done just since this summer. It’s now November, 2014. China opened a $4.2 trillion stock market to the world also in this month. That’s going to have major ramifications on the U.S stock market. In Toronto, Canada, it was just announced there’s going to be the first off-shore hub for Chinese currency, the renminbi, of which the yuan is the basic unit. Also, there was a G-20 meeting this November 15th and 16th. I’m actually going to read the communiqué that was official that came out of there, just to get a feel that big things are happening right now and I do encourage you to be tracking it because it’s very significant.

“The implementation of the 2010 reforms remains our highest priority for the IMF and we urge the United States to ratify them. If this has not happened by year-end, we ask the IMF to build on its existing work and stand ready with options for next steps.”

So what does this mean? The 2010 reforms basically have to do with countries becoming Basel III compliant. Basel III compliance means that banks agree to have a higher percentage of reserves in the bank. The intention is supposedly to keep a crash like what happened in 2008 from having dire global consequences. It creates a little bit of a buffer between countries. That’s the idea and the United States has not agreed to be compliant with that. Now, the G-20 is organizing to say that we’re going to do something if the U.S. doesn’t agree.

The point is that the role of the United States in global affairs is changing. The role of the dollar is changing. I’m going to offer here five possible scenarios that could be unfolding with the information that we have. Like I said, we don’t know, but I really do encourage you to be tracking it. I am fortunate enough to have grandchildren, but whether you do or not, I think of it that one of these days some young person is going to come up and say, “What were you doing during these times?” So much is going on now in what could be considered the greatest fascist takeover of all times and I encourage you to do what you can so you can answer that question by saying, “I was awake and I was doing everything that I could do to help create a thriving world for you.”

So, tune in and take care to participate in these amazing, unprecedented times and here are some possible scenarios. Thanks. Read more…

Source: THRIVE TOGETHER

NASA-Backed Study Says Humanity Is Pretty Much Screwed | Gizmodo

By Robert Sorokonitch

HotEarthHope you’ve enjoyed civilized life, folks. Because a new study sponsored by NASA’s Goddard Space Flight Center says the world’s industrial societies are poised to collapse under the weight of their own unsustainable appetites for resources. There goes the weekend . . . and everything after it for the rest of our lives.

NASA released a statement clarifying its involvement, saying this study “was not solicited, directed or reviewed by NASA. It is an independent study by the university researchers utilizing research tools developed for a separate NASA activity.”

The research article appears in the peer-reviewed scientific journal Ecological Economics, but Dr. Nafeez Ahmed, executive director of the Institute for Policy Research & Development, has a more understandable (but no less harrowing) summary over at The Guardian. Either way, the news isn’t good—as the researchers point out, history doesn’t seem to hold out any favor for advanced societies.

The fall of the Roman Empire, and the equally (if not more) advanced Han, Mauryan, and Gupta Empires, as well as so many advanced Mesopotamian Empires, are all testimony to the fact that advanced, sophisticated, complex, and creative civilizations can be both fragile and impermanent.

Who’s to blame? You. Me. Everyone walking around outside your window. Even the technology we invented to save us from ourselves is contributing to our decline.

Technological change can raise the efficiency of resource use, but it also tends to raise both per capita resource consumption and the scale of resource extraction, so that, absent policy effects, the increases in consumption often compensate for the increased efficiency of resource use.

Is there a way out? Of course. But you’re probably not gonna like it. Dr. Ahmed sums up the researchers’ suggestions:

The two key solutions are to reduce economic inequality so as to ensure fairer distribution of resources, and to dramatically reduce resource consumption by relying on less intensive renewable resources and reducing population growth.

Which is just as difficult and improbable as it sounds.

Seriously, you should read the whole rundown of what the research says. It’s eye-opening, and a serious call to action—if the crushing bleakness of what we’ve done to ourselves hasn’t already doomed you to abandon all hope. Here, watch a funny video to make you feel better. [The Guardian]

Source: Gizmodo

Federal Reserve: 100 years of US dollar

FED USD manipulationBy Clark Kent

Monday 23 December marks the 100th Anniversary of the creation of the Federal Reserve System – the Central Bank of the United States of America.

The mainstream media are keeping remarkably quiet about this key milestone.

No doubt, they know only too well that growing millions of workers inside and outside the US are realizing that a century of central banking monopoly in the hands of a private clique of usurer banksters is enough. More than enough!

‘Twas the night before Christmas…

…when all through the house, not a creature was stirring, not even a mouse”. These words written by 19th Century American poet, Clement Clarke Moore, aptly describe the scene a hundred years ago when the Federal Reserve Act was discretely rubberstamped in the US Congress: true, hardly a mouse was stirring either in the House or in the Senate… But the big rats were definitely there to vote in their act!

1913: Woodrow Wilson was President of the United States; World War One was but eight months away; and three years earlier a very hush-hush meeting had taken place at mega-banker, John Pierpont Morgan’s, private estate on Jekyll Island off the coast of Georgia.

Bloomberg News described this in a February-15, 2012 article as “a secret meeting that launched the Federal Reserve Bank. In November 1910, a group of government and business leaders fashioned a powerful new financial system that has survived a century, two world wars, a Great Depression and many recessions.”

That’s the Bloomberg Version. The ugly truth is probably exactly the opposite: in November 1910 a group of government, banking and business leaders fashioned a powerful new financial system that triggered, promoted and imposed a century of conflict and genocide, including two world wars, a Great Depression, many recessions and systematic mega-banker bailouts using taxpayer’s money.

In 1995, American investigator and author, G. Edward Griffin, published what is clearly the most authoritative book on the “FED” – as it is colloquially called in banking circles and by the mainstream media – “The Creature from Jekyll Island”.

Printing dollars

Griffin’s book describes how a top secret conspiracy – sorry, can’t think of a better phrase – of very high-powered bankers, government officials and foreign agents met to plan the take-over of the American economy, finance and national currency, the US Dollar, to then wage global wars of conquest.

Bloomberg went on to describe how Rhode Island Senator, Nelson Aldrich, whose daughter married John D. Rockefeller Jr, “invited men he knew and trusted, or at least men of influence who he felt could work together: Abram Piatt Andrew, assistant secretary of the Treasury; Henry P. Davison, a business partner of JP Morgan’s; Charles D. Norton, president of the First National Bank of New York; Benjamin Strong, another Morgan friend and the head of the Bankers Trust; Frank A. Vanderlip, president of the National City Bank; and Paul M. Warburg, a partner in Kuhn, Loeb & Co. and a German citizen.”

Paul Warburg was the actual mastermind behind the FED. Interestingly, his main partner at Kühn, Loeb & Co, Jakob Shiff, had just financed the Japanese war against the Russian Tsar; he would later channel 20,000,000 US dollars via a Russian exile living in Brooklyn by the name of Lev Davidovich Bronstein (better known as Leon Trotsky) to ensure the 1917 victory of the Bolshevik Revolution.

Neither ‘Federal’, nor ‘Reserve’, nor a ‘Bank’

Actually, it’s a “system”. Officially, the “Federal Reserve System” wields full control over the US Dollar, not to serve the American people but on the contrary the interests of private bankers, who hold its very special type of stocks and shares.

In practice, the FED is over 95 percent privately-owned, is not integrated into the US Government, nor accountable to any branch of government. There is nothing “Federal” about it as it lies fully outside the government system of checks-and-balances.

Nor does it “Reserve” anything. Rather it arbitrarily prints all the money the mega-bankers and power elites need to keep the “globalized” world rolling in the direction that they wish and need. This includes such things as multi-trillion dollar “quantitative easings” to keep Goldman Sachs, Bank of America, CityCorp, Wachovia and JPMorgan Chase happy and “healthy”; financing clandestine and terror operations to overthrow the governments of Iran, Nicaragua, Argentina, Cuba, Chile, Syria, Libya, Vietnam and many others; waging decades-long wars against Afghanistan, Pakistan, Iraq, Africa and Latin America; unflinchingly supporting “little Israel’s” genocide in Palestine and its “democratic” 400-bomb strong nuclear program; and keeping Wall Street on permanent life-support.

Finally, it is definitely no “Bank” in the sense of a financial institution promoting the credit needs of the real economy for the benefit of the vast majority of the working population’s needs.

Rather, the FED supports the financial needs of the global war system, covert operations, usury, drug dealers, and the global banksters.

Federal reserve

The FED answers to no one. It clearly does not serve “We the People” of the US or anywhere else. Its purpose is to serve the global power elites, regularly meeting to plan world government through entities like the Council of Foreign Relations, Trilateral Commission, Bilderberg, World Economic Forum and others forming part of todays’ intricate planetary web of global money power.

Straight from the horse’s mouth

In a Public Broadcast System (PBS) interview on “News Hour” aired on September 18, 2007, US journalist Jim Lehrer had this Q&A session with former decades-long Fed Chairman (and JP Morgan bank officer) Alan Greenspan:

Jim Lehrer: “What is the proper relationship between a chairman of the Fed and a president of the United States?”

Alan Greenspan: “Well, first of all, the Federal Reserve is an independent agency, and that means, basically, that there is no other agency of government which can overrule actions that we take. So long as that is in place and there is no evidence that the administration or the Congress or anybody else is requesting that we do things other than what we think is the appropriate thing, then what the relationships are don’t frankly matter.”

Huh? If you’re a US citizen, you should re-read the above once or twice.

The FED System lies at the root of US “superpower” status. Allow me to explain how the FED scam really works from the point of view of someone living in Argentina – a very down-trodden country repeatedly made to bite the dust by the global power elites through their local agents imposed upon us through money-power “democracy”.

This means that every time Argentina needs to buy 100 dollars-worth of, say, oil, medicines or technological components, the Argentine people must work to earn those 100 dollars through exports and genuine work.

By comparison, every time the US Government needs to buy 100 dollars-worth of oil, medicines or whatever, all they need to do is tell the Fed to print 100 dollars and that’s that. Let’s just say that this makes it much easier to be a “superpower”.

OK, the mechanism’s not that simple, but this certainly explains schematically how the whole US-Dollar power system really works. It also explains why the elites won’t tolerate anybody challenging the dollar.

Oh, when the Fed… comes marchin’ in…

Look at the world’s oil market. It is a monopoly run by three global trading centers located in New York, London and Dubai. The idea is to ensure that “petro-dollars” flow around the world 24/7, and only incidental small amounts should flow back into the US financial system.

This explains why when in late 2002 Saddam Hussein decided he would do his UN-sanctions authorized “One Billion Dollars Iraqi Oil for Food” trade with the West in euros instead of dollars, he was quickly visited by the Fed’s military branch in March 2003.

Or take Muammar Kaddafi who in 2011 was about to launch a program to trade Libyan and North African oil using a new gold-backed currency – the gold dinar. He too got a little visit from Peace Prize Barack and Babylon Hillary. Do you begin to see the pattern?

But don’t think that the FED’s global financial enslavement system is simply aimed outside the US; it kicked off a century ago by first silently enslaving the very people of the United States it is supposed to serve.

Here’s how that works: every time the US Government decides to put money into circulation – those 1, 5, 10, 20, 50, 100 dollar bills we’re all so familiar with – instead of asking the government mint to print them at a penny’s cost in paper and ink, the government instead asks the private banksters at the Fed to print those bills for the Treasury, in exchange delivering to the Fed interest-bearing US Treasury Bills and Bonds, which translates into trillions of dollars’ in profits funneled to the private banking elite though the Fed.

It was all so well planned a hundred years ago, that just before the Federal Reserve Act was passed on December 23, 1913, they also maneuvered to close this parasitic circle, for if the US Government was to begin making gigantic interest payments to the Fed just for printing its own money, they first needed to have a revenue scheme in place to milk the American taxpayer: the Income Tax Act!

Capitol

Actually, it was the 16th Amendment to the US Constitution passed by Congress in July 1909, and enacted as law in February 1913. Thus international banksters have been ripping off Americans and getting America to fight their wars as proxies for a full century, whilst most of the population haven’t got a clue of what’s going on.

Clearly, the FED lies so far above the US White House, Congress and Supreme Court, that over the past five decades no one has been able to have a proper audit done on its books and numbers. Oh, you Homer Simpsons!

Not that you haven’t been warned. In 1923, Minnesota representative, Charles Lindbergh, father of the famous aviator, sent an early warning: “The financial system has been turned over to the Federal Reserve Board which administers the finance system by authority of a purely profiteering group. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money.”

In the 60’s, republican senator and presidential candidate, Barry Goldwater, said “most Americans have no real understanding of the operation of international moneylenders; the accounts of the Federal Reserve system have never been audited; it operates outside the control of Congress and manipulates the credit of the United States.” Today, former representative, Ron Paul, has been sending the same message.

Even president John Kennedy understood this when he issued Executive Order No. 11110 on June 4, 1963, ordering the US Treasury to print zero-interest public money to the tune of 4.3 billion dollars, fully bypassing the Fed. But he too ran into some trouble in Dallas barely five months later on 22 November.

Epilogue: Fed Up?

One would have thought that something as important as whether to continue to allow a private FED to operate in its present format, or revamping it, or even doing away with it after a whole century, would be something that should be squarely on the American and global public agenda… big time!

And yet all we have is silence from the US Government, Congress and politicians; silence from world leaders; total silence from the mainstream media, and from the academic world.

And so you little parasitic mega-bankers running planet Earth: come Monday 23 December you can uncork all the champagne you like and celebrate your “One Hundredth Masters of the Universe Slave Drivers Anniversary”, partying on straight into Christmas Day.

Then, come Thursday 26th, just carry on crucifying the entire world. For you it will be business as usual.

Source: Hang the Bankers

WikiLeaks publishes secret draft chapter of Trans-Pacific Partnership | The Guardian

May DayWikiLeaks has released the draft text of a chapter of the Trans-Pacific Partnership (TPP) agreement, a multilateral free-trade treaty currently being negotiated in secret by 12 Pacific Rim nations.

The full agreement covers a number of areas, but the chapter published by WikiLeaks focuses on intellectual property rights, an area of law which has effects in areas as diverse as pharmaceuticals and civil liberties.

Negotiations for the TPP have included representatives from the United States, Canada, Australia, New Zealand, Japan, Mexico, Malaysia, Chile, Singapore, Peru, Vietnam, and Brunei, but have been conducted behind closed doors. Even members of the US Congress were only allowed to view selected portions of the documents under supervision.

“We’re really worried about a process which is so difficult for those who take an interest in these agreements to deal with. We rely on leaks like these to know what people are talking about,” says Peter Bradwell, policy director of the London-based Open Rights Group.

“Lots of people in civil society have stressed that being more transparent, and talking about the text on the table, is crucial to give treaties like this any legitimacy. We shouldn’t have to rely on leaks to start a debate about what’s in then.”

The 30,000 word intellectual property chapter contains proposals to increase the term of patents, including medical patents, beyond 20 years, and lower global standards for patentability. It also pushes for aggressive measures to prevent hackers breaking copyright protection, although that comes with some exceptions: protection can be broken in the course of “lawfully authorised activities carried out by government employees, agents, or contractors for the purpose of law enforcement, intelligence, essential security, or similar governmental purposes”.

WikiLeaks claims that the text shows America attempting to enforce its highly restrictive vision of intellectual property on the world – and on itself. “The US administration is aggressively pushing the TPP through the US legislative process on the sly,” says Julian Assange, the founder and editor-in-chief of WikiLeaks, who is living in the Ecuadorean embassy in London following an extradition dispute with Sweden, where he faces allegations of rape.

“If instituted,” Assange continues, “the TPP’s intellectual property regime would trample over individual rights and free expression, as well as ride roughshod over the intellectual and creative commons. If you read, write, publish, think, listen, dance, sing or invent; if you farm or consume food; if you’re ill now or might one day be ill, the TPP has you in its crosshairs.”

Just Foreign Policy, a group dedicated to reforming US foreign policy, managed to crowdfund a $70,000 (£43,700) bounty for Wikileaks if the organisation managed to leak the TPP text. “Our pledge, as individuals, is to donate this money to WikiLeaks should it leak the document we seek.” The conditions the group set have not yet been met, however, because it required the full text, not individual chapters.

Related to the TPP is a second secret trade agreement, the Transatlantic Trade and Investment Partnership (TTIP), which ties together regulatory practices in the US and EU. George Monbiot, writing in this paper, referred to the treaty as a “monstrous assault on democracy”. Ken Clarke, the minister without portfolio, replied that it “would see our economy grow by an extra £10bn per annum”.

Campaign group Fight for the Future has already collected over 100,000 signatures in an online petition against what it calls the “extreme Internet censorship plan: contained in the TPP.

Evan Greer, campaign manager for Fight for the Future, said: “The documents revealed by WikiLeaks make it clear why the US government has worked so hard to keep the TPP negotiatons secret. While claiming to champion an open Internet, the Obama administration is quietly pushing for extreme, SOPA-like copyright policies that benefit Hollywood and giant pharmaceutical companies at the expense of our most basic rights to freedom of expression online.”

Source: Wikileaks & The Guardian

Ron Paul’s Farewell Address to Congress

Ron Paul: This may well be the last time I speak on the House Floor.  At the end of the year I’ll leave Congress after 23 years in office over a 36 year period.  My goals in 1976 were the same as they are today:  promote peace and prosperity by a strict adherence to the principles of individual liberty.

It was my opinion, that the course the U.S. embarked on in the latter part of the 20th Century would bring us a major financial crisis and engulf us in a foreign policy that would overextend us and undermine our national security.

To achieve the goals I sought, government would have had to shrink in size and scope, reduce spending, change the monetary system, and reject the unsustainable costs of policing the world and expanding the American Empire.

The problems seemed to be overwhelming and impossible to solve, yet from my view point, just following the constraints placed on the federal government by the Constitution would have been a good place to start.

How Much Did I Accomplish?

In many ways, according to conventional wisdom, my off-and-on career in Congress, from 1976 to 2012, accomplished very little.  No named legislation, no named federal buildings or highways—thank goodness.  In spite of my efforts, the government has grown exponentially, taxes remain excessive, and the prolific increase of incomprehensible regulations continues.  Wars are constant and pursued without Congressional declaration, deficits rise to the sky, poverty is rampant and dependency on the federal government is now worse than any time in our history.

All this with minimal concerns for the deficits and unfunded liabilities that common sense tells us cannot go on much longer.  A grand, but never mentioned, bipartisan agreement allows for the well-kept secret that keeps the spending going.  One side doesn’t give up one penny on military spending, the other side doesn’t give up one penny on welfare spending, while both sides support the bailouts and subsidies for the banking and  corporate elite.  And the spending continues as the economy weakens and the downward spiral continues.   As the government continues fiddling around, our liberties and our wealth burn in the flames of a foreign policy that makes us less safe.

The major stumbling block to real change in Washington is the total resistance to admitting that the country is broke. This has made compromising, just to agree to increase spending, inevitable since neither side has any intention of cutting spending.

The country and the Congress will remain divisive since there’s no “loot left to divvy up.”

Without this recognition the spenders in Washington will continue the march toward a fiscal cliff much bigger than the one anticipated this coming January.

I have thought a lot about why those of us who believe in liberty, as a solution, have done so poorly in convincing others of its benefits.  If liberty is what we claim it is- the principle that protects all personal, social and economic decisions necessary for maximum prosperity and the best chance for peace- it should be an easy sell.  Yet, history has shown that the masses have been quite receptive to the promises of authoritarians which are rarely if ever fulfilled. Read more…

Source: Ron Paul