Home

Will Republicans contest the election? Take the poll!

Leave a comment

We don’t need gasoline, we never needed it. BRASSCHECK TV/video

2 Comments

Facts: Scientific and historical about gasoline and alcohol

1. The original automobiles ran on alcohol because when they were invented gasoline was not available.

2. Rockefeller spent $4 million (that we know of) to promote Prohibition, a ban on alcohol manufacturing in the US that started in 1919 just as the car industry was taking off.

3. When Prohibition was lifted in 1933, gasoline stations were ubiquitous and most engines ran on gasoline only.

4. Alcohol can be manufactured locally and on a community level from renewable plant material for $1 per gallon.

5. The growing of plant material for alcohol would have no effect on the price of food.

6. The growing of plants for fuel would more than neutralize the carbon created by burning alcohol for fuel.

7. In Brazil, over 50% of new cars sold can already run on 100% alcohol.

8. Producing alcohol from plant material is incredibly energy efficient.

9. The oil companies aggressively promote garbage science to deceive the public into believing that alcohol fuels: a) will cause starvation, b) are uneconomical, and c) are net polluters.

10. Gasoline is a high toxic material.

11. It is entirely unneeded to fuel our cars.

12. Oil companies like Chevron have pressured PBS, commercial TV networks and other news media to keep this basic information from the public for decades – and the censorship continues to this day.

More at: http://www.PermaCulture.com

 

If this massive deception were to be busted, it would:

 

1. Remove the reason that many wars are fought today

 

2. Revitalize the world economy, especially in rural area

 

3. Instantly increase the wealth and health of every person on earth

 

The fraud is this: We need gasoline.

 

The truth is we don’t now – and we never did.

 

Here’s a continuation of a series of videos from the creator of PermaCulture.org:

 

http://www.brasschecktv.com/page/432.html

 

– Brasscheck

Iceland says NO! to bailing out banks!

1 Comment

Thursday evening update on the global financial collapse

Excerpted from the article:
“The Prime Minister of Iceland, Geir Haarde, sent shivers through the global financial system when he asserted that Iceland can not, and will not pay the foreign liabilities of its banking sector and that the interests of Iceland will have first priority.
 
Yesterday, Haarde told a press conference: “The point is this. The total indebtedness is such that there is no way that the Icelandic population can take responsibility for the debt these private companies have incurred. It happens everyday in bankruptcies, that some are burnt.”
 
British PM Gordon Brown calls Iceland’s behavior “totally unacceptable” and warned of legal action to recover the US $ 1.74 billion loss in Iceland, especially after the Icelandic government this week passed this week emergency legislation to deal with the banking collapse. Unlike the British or U.S. plans, this was not a bank “rescue” plan but legislation that gave the government the authority to seize any bank or financial company, put it through a bankruptcy or other procedure that would put the interests of the Icelandic nation over that of the banks.
 
Next door to us, Mexico’s peso lost 24% of its value against the US dollar, making its imports of wheat, corn, beans, milk, and rice 24% more expensive. The Peasant Association reported yesterday that remittances for the month of September fell 29.6%, causing panic in Mexico. Remittances from the U.S. are Mexico’s second highest earner of foreign exchange.” (end excerpt)
Read full article here:
 

Downsize DC….Do you know who the “Primary Dealers” are?

1 Comment

Quote of the Day:
George Kaufman, a finance professor at Loyola University Chicago, is skeptical. “The last refuge of a scoundrel regulator,” he says, “is to shout ‘systemic risk.'” Usually, the alarm is false. He notes that aside from inter-bank lending, the credit markets were functioning tolerably well at the height of the crisis. Rates on 30-year mortgages actually dropped last week.
— from
a column by Steve Chapman, September 25, 2008

Subject: Do you know who the “Primary Dealers” are?

There’s a lot of evidence that we’ve been scammed. Treasury Secretary Paulson and Federal Reserve Chairman Bernanke told us they needed to spend $700 billion of your money to buy supposedly toxic assets that were crippling major firms and for which there was no immediate market. This was a lie even when they said it, because . . .

Merrill Lynch was able to sell it’s most troubled assets back in July.

If Merrill could do it, other firms could do it too. They might not have liked the price they got, but it could have been done. The Big Bailout was purposely designed to give favored firms a better deal than they could have gotten in the market.

We’ve also been told, constantly, that credit markets are frozen. We’re still being told that today, constantly, around the clock, on the cable business channels. It wasn’t true before, and it isn’t true now. We could point you to many places for the evidence, but here’s one great graph from the blog Carpe Diem to give you the evidence in one pretty picture.

The hysteria mongers would tell you that even if consumer credit is okay (and you would have to hammer them with the evidence to get them to admit it), commercial credit is still in big trouble. But that isn’t true either. Here’s a good summary from the great scholar Robert Higgs, at the Independent Institute . . .

“Looking at the data for the first four business days of the past week, I find that firms sold from $179 billion to $205 billion of commercial paper per day; the number of separate issuances per day ranged from 6,761 to 7,298. Both the total amount borrowed and the number of issuances per day increased steadily throughout the week (data for Friday have not yet been reported).”

Higgs goes on to compare the current numbers with past periods and finds NO CREDIT FREEZE!

But what about the stock market? Doesn’t its fall tell us there’s a crisis? Perhaps, until you consider what’s causing stocks to fall.

The really big drops began when Paulson and Bernanke began peddling their fear to Congress. And since then, nearly every time some government official has opened his or her mouth, with some new claim or some new plan, the stock market has taken another nose dive. A good chunk of the decline appears to be driven by fear mongering. Want more evidence?

This is the season when firms report their earnings, and many companies are beating the estimates, but their stock prices are still falling. This is about fear, not fundamentals.

Who is responsible for this scam? Who are the con artists?

One big culprit in every supposed crisis is the media. They always blow everything out of proportion. Doing so is good for business. CNBC’s ratings are soaring.

Another culprit is the politicians, who gain power from hysteria. In the last supposed crisis (terrorism) it was the Republicans who primarily benefited. This time it will be the Democrats, who have a decade of pent-up desires to re-engineer American society. These dreams may now become reality in the wake of the current fear mongering. 

And last, but not least among the con artists, are a group of businesses with an official government relationship that earns them the designation of “Primary Dealers.” Here’s what Wikipedia has to say about the Primary Dealers . . .

“A primary dealer is a bank or securities broker-dealer that may trade directly with the Federal Reserve System of the United States.[1] They are required to make bids or offers when the Fed conducts open market operations, provide information to the Fed’s open market trading desk, and to participate actively in U.S. Treasury securities auctions.[2] They consult with both the U.S. Treasury and the Fed about funding the budget deficit and implementing monetary policy. Many former employees of primary dealers work at the Treasury, because of their expertise in the government debt markets, though the Fed avoids a similar revolving door policy.[1][2] Between them, these dealers purchase the vast majority of the U.S. Treasury securities (T-bills, T-notes, and T-bonds) sold at auction, and resell them to the public.”

Who are the Primary Dealers? Look at this roster (which used to include Bear Stearns) . . .

* BNP Paribas Securities Corp.
* Bank of America Securities LLC
* Barclays Capital Inc.
* Cantor Fitzgerald & Co.
* Citigroup Global Markets Inc.
* Credit Suisse Securities (USA) LLC
* Daiwa Securities America Inc.
* Deutsche Bank Securities Inc.
* Dresdner Kleinwort Securities LLC.
* Goldman, Sachs & Co.
* HSBC Securities (USA) Inc.
* J. P. Morgan Securities Inc.
* Lehman Brothers Inc.
* Merrill Lynch Government Securities Inc.
* Mizuho Securities USA Inc.
* Morgan Stanley & Co. Incorporated
* UBS Securities LLC.

We should notice several things about this list . . .

* These are among the primary firms that collaborated with the government to create the housing bubble
* These are the primary firms that profit from the financing of the national debt and who are benefiting from the current explosion in the federal debt and the Federal Reserve’s massive inflation of the money supply
* These are probably the primary firms that will work with the Treasury Department to manage the auction of toxic assets
* These are also probably the primary firms that have toxic assets to sell (they will be both sellers and brokers in the Big Bailout)
* And most of these firms have been made “too big to fail” through their business dealings with the government

These Primary Dealers are the primary players in the Big Bailout con-game. And they are part of the crowd who are looting the country.

You can sit back and accept the Big Bailout and the on-going Big Interventions as an accomplished fact, or you can rage and protest to Congress. If we fall silent then the con-artists will be emboldened to do more and more. We must not fall silent. We must protest constantly.

We’ve created a new generic campaign to oppose all government bailouts. Please use this campaign to send Congress another message. Ask them to reconsider the Big Bailout. Ask them to roll-it-back. Use your personal comments to mention some of the facts described in this article. You can send your message using our Educate the Powerful System.

You can also compete with the power of Primary Dealers, the politicians, and the media, by taking steps to expand your own political influence. Please take these additional steps . . .

* Get a Digg account and go to our blog to Digg this message.
* Spread this message by forwarding it to friends and by posting it on your blog.
*
Make a contribution or start a monthly pledge so we can recruit more DC Downsizers. THIS IS VERY IMPORTANT.

Thank you for being a part of the growing Downsize DC army.

Jim Babka & Perry Willis
President & Communications Director
DownsizeDC.org, Inc. 

The Republican party could have had this…

Leave a comment

Instead it went with this…

 

http://www.brasschecktv.com/page/444.html

 

 

The Republicans don’t want to win the White House.

 

If they did, they never would have chosen Joker #1 and Joker #2 as their candidates.

 

The only way this pair could possibly win is through massive election fraud.

 

Here’s who the Republicans could have had as a candidate, and here’s what they chose instead.

 

They can’t be serious:

 

http://www.brasschecktv.com/page/444.html

 

– Brasscheck

%d bloggers like this: