While politicians and MSM cry hysterically about socialism and communism in order to strike fear in the public, the real danger we face is fascism; the corporate control of everything, including our daily lives. Unfortunately too many members of the public drank the kool aid on this one, refusing to accept the true state of affairs that has decimated our economy and is in the process of destroying the lives of everyday Americans.. As corporations that have been determined to be “too big to fail” are bailed out for the second time since 2008, you’d think we would get the message. We, the public, are expendable. We are not “essential”.
Even with the ongoing attempts to censor anything not in line with the government propaganda, the information about the virus continues to surface. Doctors, scientists, microbiologists and many other qualified individuals continue to sound the alarm to convey to the public that they are being set up and lied to. Even so, those who are firmly rooted in the political divides; those who haven’t figured out the biggest conspiracy theory’s ever presented to the public originate from government, and those who just blindly accept whatever they are told hold firm to the biggest conspiracy theory of our lifetimes, if you discount 9/11.
The real reason for social distancing
It seems to me that if this so-called deadly virus spread as quickly and easily as is claimed, standing six feet apart would be of no benefit. The idea that it would borders the ridiculous. Everyone would have to stand perfectly still inside a plastic bubble in order for this to be of any reasonable use.
Keeping us separated has one very distinct purpose. This is a psychological maneuver intended to isolate us and to embed into our minds a sense of isolation. Isolation is a well known form of psychological torture and has a deleterious effect on the mental state of human beings. We are herd creatures and being separated from one another is not a natural state for us. But as long as they can keep us separated, it makes us far easier to manipulate and control.
If there was any real possibility of this virus spreading the way it is claimed, absolutely everything would have been shut down, including large corporate stores and businesses.
Can someone please explain why the majority of local businesses had to close down because of this non-pandemic virus, but huge corporations can continue to operate; the House and Senate can continue to assemble. For God’s sake Home Depot and Walmart are still operating among other like businesses.More
“In less than a month, they have passed the $8.3 billion vaccine bill, the $100 billion relief and paid leave package and the $2.2 trillion Everything Bailout, and are now racing toward another $1.0 trillion interim CARES 2 funding bill to essentially double-down on all the outrageous pork and Free Stuff that was contained in CARES 1, which the House did not bother to even debate or approve by recorded vote.
And, alas, all of this is preliminary to the impending “stimulus/infrastructure” bill where the bidding starts at $2 trillion, meaning that the Imperial City is in the throes of a fiscal bacchanalia that defies imagination. It will leave America with unspeakable debts, political dysfunction and economic debilitation for years, if not decades, to come.”
The crazy thing about the COVID-19 “crisis” is how easy it is for the state and its media to frighten the public and manipulate ill-informed citizens into embracing economic and social decapitation.
Blinded by scary headlines based on irrational speculation—subsequently revised downward and published on page C-23 of corporate newspapers demanding a bailout—the American people have embraced authoritarian measures supposedly imposed to win a battle against an invisible enemy.
We are now beyond the point of no return. The inflicted economic and social damage has already taken a heavy toll and it will get worse the longer health bureaucrats, state governors, and a remarkably clueless president and his apparatchiks demand we stay imprisoned in our homes, frightened of a bug the state and its media have fictionally rendered as an insatiable and inescapable Gorgon of Doom.
The COVID-19 crisis has been engineered by Bill Gates from seasonal flu in order to crash the global economy, normalise authoritarianism, and further the elites’ goal of one world government. https://t.co/UVoOTB6OZE
Scott C. Tips, president of the National Health Federation, writes:
In February 2020, the World Health Organization (WHO)—never known for its accuracy or consistency—declared a “Pandemic” for the coronavirus and claimed that the mortality rate for the novel coronavirus disease now designated as COVID-19 was 3.4%, while that for the seasonal flu was 0.1%. Of course, the news media ran with those numbers and splashed scary headlines across the World stating how much more deadly this new virus was than the seasonal flu. The problem with WHO’s statement, however, was that they applied two different formulas for the two viruses. For the COVID-19 disease, for example, they simply didn’t count any of the mild cases of COVID-19 that resolved themselves; yet, they did with the seasonal flu. If WHO were to apply the same formula to seasonal flu cases as it did with COVID-19 cases, then the seasonal flu is revealed more truthfully as being twice as deadly as the COVID-19 virus.
In other words, the globalist WHO—essentially a PR group for transnational Big Pharma and what should be considered the health-industrial complex—is engaged in massive fraud.
I have been listening to the US presidential press briefing today about the coronavirus, and it looks like we’re going to be practicing social distancing and stay at home procedures through the end of April, and probably a lot longer. They are gearing up the American people for a prolonged shutdown. And if people don’t believe this, they are sadly misinformed. The US and world economies will be toast after this pandemic is finally declared over by the powers that be.
The president has been speaking about how there would have been 2.2 million deaths in the United States if the stay at home and social distancing guidelines that are currently being practiced had not been implemented. It’s almost like he’s following a script. The crisis is not over? They are claiming victory before the storm has passed; based on their claims, this is a real virus.
As of this writing, there are supposedly 2,438 fatal cases in the United States. That’s a far cry from 2.2 million cases. Granted, we have been practicing the stay at home and social distancing suggestions. Even with the mitigation procedures being implemented, the models that the US government is using project that 200,000 or more citizens will succumb to Covid-19.
There are always millions of people around the world sick with respiratory diseases. It’s easy for regulatory agencies to move these case numbers into the coronavirus statistical pool. Remember, the test kits used to record positive coronavirus cases have been reported by the CDC to have had many problems associated with them. They have most likely given false-positive results, and those numbers are a part of the official case numbers we are reading.
“The real destroyers and psychopathic misanthropes, however, are in high places. They are cynically and criminally exploiting the coronavirus—so far no more dangerous than seasonal flu—to shove their one-world agenda down our throats as easily frightened Americans run around like Chicken Little, begging the state to take care of us before the sky falls.”
I certainly don’t claim to be a financial wizard. In fact, at best, I have a rudimentary understanding of how the convoluted funny money economy works. However, you don’t need to fully comprehend the ins-and-outs of rigged monetary system to understand we’re in for big trouble and the coronavirus “pandemic” is not only accelerating the fall but will make the outcome far, far worse.
No chance, however. As I write this, Congress passed a pork-laden “stimulus” bill.
If we can believe numbers put out by the CDC, as of Friday, March 27 there were 1,246 deaths in the US attributed to the virus. Compare this with the 1968 H3N2 “Hong Kong Flu.” It reportedly killed 100,000 people in the US and around a million around the world.
At the time, the response was not to lock down the country and destroy the livelihood of millions of Americans and usher in the severe violations of the Constitution we are now witnessing. More
As details of the Senate’s coronavirus stimulus plan slowly trickled in Wednesday, progressive critics characterized the sprawling legislative package as a brazen attempt by both political parties to use trillions of dollars in taxpayer money to bail out and further enrich large corporations while tossing mere crumbs to the most vulnerable.
“This is a robbery in progress,” wrote David Dayen, executive editor at The American Prospect. “And it’s not a bailout for the coronavirus. It’s a bailout for twelve years of corporate irresponsibility that made these companies so fragile that a few weeks of disruption would destroy them.”
“We can call it a bailout. But this is so big it is more like Congress is creating a new government for our economy, replacing our old government. And this one doesn’t have any meaningful democratic protections. A pandemic coup.”
—Zephyr Teachout, Fordham Law
While progressives applauded some provisions in the massive package—including the significant expansion of unemployment benefits and protections for airline workers—Dayen said the stimulus package as a whole is an “outrageous betrayal” of the U.S. public and “a rubber-stamp on an unequal system that has brought terrible hardship to the majority of America.”
“The people get a [one-time] $1,200 means-tested payment and a little wage insurance for four months,” Dayen wrote. “Corporations get a transformative amount of play money to sustain their system and wipe out the competition.”
A Senate vote on the stimulus plan is expected as early as Wednesday afternoon, even though the full legislative text has not yet been released to the public.
It is horrendous that reporters and the public don’t have access to the bailout bill text with a Senate vote imminent.
The bill would establish a $500 billion fund designed to bail out large corporations hit hard by the coronavirus crisis. Around $75 billion of the program, which would be controlled by the Trump Treasury Department, is earmarked for the airline industry.
But, Dayen wrote, the “enormity of this bailout is being under-reported.”
“The other $425 [billion] helps capitalize a $4.25 trillion, with a T, leveraged lending facility at the Federal Reserve,” Dayen said. “So it’s not a $2 trillion bill, it’s closer to $6 trillion, and $4.3 trillion of it comes in the form of a bazooka aimed at CEOs and shareholders, with almost no conditions attached.”
The Washington Postreported Wednesday that the stimulus package also includes a little-noticed $17 billion federal loan program that was inserted largely for the benefit of aerospace giant Boeing.
Dayen appeared on HillTV‘s “The Rising” Wednesday morning to discuss his thoughts on the Senate bill:
–“…Everyone expecting the financial markets to magically return to January 2020 levels once the pandemic dies down is delusional. All the dominoes of crashing market valuations, crashing incomes, crashing profits and soaring defaults will take down all the fantasy-based valuations of bubblicious assets: stocks, bonds, real estate, bat guano, you name it….The global financial system has already lost $100 trillion in market value, and therefore it’s already insolvent”
Subtract their immense debts and they have negative net worth, and therefore the market value of their stock is zero.
To understand why the financial dominoes toppled by the Covid-19 pandemic lead to global insolvency, let’s start with a household example. The point of this exercise is to distinguish between the market value of assets and net worth, which is what’s left after debts are subtracted from the market value of assets.
Let’s say the household has done very well for itself and owns assets worth $1 million: a home, a family business, 401K retirement accounts and a portfolio of stocks and other investments.
The household also has $500,000 in debts: home mortgage, auto loans, student loans and credit card balances.
The household net worth is thus $1,000,000 minus $500,000 = $500,000.
Let’s say a typical financial crisis and recession occur, and the household’s assets fall 30%. 30% of $1 million is $300,000, so the the market value of the household’s assets falls to $700,000.
Deduct the $500,000 in debts and the household’s net worth has fallen to $200,000. The point here is debts remain regardless of what happens to the market value of assets owned by the household.
Legal declaration by a government allowing assumption of extraordinary powers
A state of emergency (also known as a state of calamity in the Philippines) is a situation in which a government is empowered to perform actions that it would normally not be permitted. A government can declare such state during a disaster, civil unrest, or armed conflict. Such declaration alerts citizens to change their normal behavior and orders government agencies to implement emergency plans. Justitium is its equivalent in Roman law—a concept in which the senate could put forward a final decree (senatus consultum ultimum) that was not subject to dispute.
States of emergency can also be used as a rationale or pretext for suspending rights and freedoms guaranteed under a country’s constitution or basic law. Wikipedia
At the edge of the proverbial cliff
Here we are facing the final stage of the destruction of our country as a sovereign nation. We, as a supposedly free people, are about to face a national Armaghedon. Under an emergency declaration, our constitution, or what is left of our rights and protections, are cast aside to make way for the reorganizing of the worlds economies and the subjugation of all populations. All of this achieved by the hyping up of a virus that does not meet any standard for being declared an epidemic or pandemic.
Just to make sure you reach the proper level of fear, university’s, college’s and public schools are closed in numerous locations across the country. The common connection in each of these instances is their tie to federal funding. Want to keep your funding? CLOSE YOUR DOORS! That will scare them!
John Williams, President of the Federal Reserve Bank of New York
The little people in America will have to continue to wait to hear any concrete plans for their government to provide financial relief to them for business disruptions resulting from the coronavirus. But Wall Street banks and their sprawling trading desks got the word today that the Fed’s money gusher (repo loans) that began on September 17 of last year will offer them up another $270 billion in cold hard cash at unprecedented low interest rates tomorrow.
The Fed announced that its 1-day emergency loans that it has been making each weekday will increase to as much as $175 billion a day beginning tomorrow; its 14-day loans, which will continue to be offered twice a week, will remain at the elevated amount of $45 billion; and the Fed will add three one-month loans of a whopping $50 billion each. The first one-month loan will be funneled out tomorrow, along with a cap of $45 billion in a 14-day loan and up to $175 billion in a one-day loan, bringing the one-day tally to the astounding sum of $270 billion – all without so much as a vote, or debate or even a hearing in Congress.
All of this money gusher will be dispensed by the New York Fed, the same regional Fed bank that funneled the bulk of the secret $16 trillion in aggregate emergency loans to Wall Street during the last financial crisis. (See chart below.)
For detailed background on this stealth bailout of Wall Street that has now been running without making headlines for the past six months, see our in-depth series here.
Government Accountability Office Data on Fed’s Emergency Lending Programs During Financial Crisis
By Pam Martens and Russ Martens of Wall Street on Parade.
During his testimony to the Senate Banking Committee yesterday, Federal Reserve Chairman Jerome Powell let it slip out, for the first time, that the Federal Reserve has had a 10-year game plan to deal with the financial crisis. In response to a question on cyber threats from Senator Ben Sasse of Nebraska, Powell stated the following:
“They kind of pay us to be awake at night worrying about things. I would say that if you look at what happened in the financial crisis, we had a game plan there. We implemented it over the course of 10 years. I won’t say that it’s perfect or anything like that, but we have a plan that is meant to address those kinds of things.”
“Those kinds of things?” The financial crisis, fueled by corruption and lax regulation of Wall Street banks, destroyed the housing market in the U.S. and left the U.S. economy in tatters. Millions of Americans lost their jobs and their homes to foreclosure. The New York Fed was the supervisor of key Wall Street banks that caused this problem – shouldn’t it have had a 10-year game plan to prevent “Those kinds of things” instead of creating the game plan after the damage had been done?
The question to ask all those running for public office:
$21 Trillion dollars is missing from the US government. That is $65,000 per person – as much as the national debt!
“No money shall be drawn from the treasury, but in consequence of appropriations made by law; and a regular statement and account of receipts and expenditures of all public money shall be published from time to time.” ~ Article I, Section 9, Clause 7, U.S. Constitution
What’s going on? Where is the money? How could this happen? How much has really gone missing? What would happen if a corporation failed to pass an audit like this? Or a taxpayer?
This means the Fed and their member banks are transacting government money outside the law. So are the corporate contractors that run the payment systems. So are the Wall Street firms who are selling government securities without full disclosure. Would your banks continue to handle your bank account if you behaved like this? Would your investors continue to buy your securities if you behaved like this? Would your accountant be silent?
This is the reason that there is such a strong push to change or tear up the US Constitution. This is why members of the establishment say it is “old,” “outdated!” This is why there is such a push for gun control. Don’t buy it! We can use the Constitution to get our money and our government back. It is time to enforce the US Constitution.
The Solari Report has been covering the missing money since 2000 when Catherine Austin Fitts began to to warn Americans and global investors about mortgage fraud at the US Department of Housing and Development (HUD), the engineering of the housing bubble that lead to trillions more dollars in bailouts and funds missing from the US government starting in fiscal 1998.
Doom and gloom are appearing with increased frequency in U.S. and global financial writings but specific details of a potential economic catastrophe are never given. Let us speculate on what could happen in the United States.
Is a view into an economic catastrophe available ?
ANSWER: Sure, that is easy. Read what has happened to Greece and Argentina. William Blum, John Perkins, and Chossudovsky give many more examples. Bank deposits have been seized; pensions have been wiped out; jobs have been terminated; real estate and assets are selectively confiscated; the economy crashes; national assets are sold at fire-sale prices to financiers; financiers must approve every government action; etc. The same New York City parties, and their proxies, are repeatedly involved.
How might it be handled in the U.S. ?
ANSWER: The Federal Reserve Bank of New York City will handle it. They have exclusive handling of funds to redeem Treasury securities—as a fiscal agent for the government. They will select who gets funds which the government has available. Ref. 31 CFR 375.3.
Who will benefit from the crash?
ANSWER: Primary Dealers currently receive >$10 trillion annually for redeeming Treasury securities. Some of them were involved in creating the Federal Reserve. The concept that they hold ownership of the Board of Governors, in a closely held corporation that does not have to file with the SEC, should not be overlooked. Furtive acts abound in the creation of the Fed. Their derivatives creations have obtained super-priority status in bankruptcy. More
“What difference does an increase in the National Debt make? We owe it to ourselves.” virtually every congress-critter has declared. Such a paraphrased statement, reflecting on the exoskeleton structure of the Federal Reserve, ignores the inner historic mechanisms of Rothschild banking, the intense subterfuge and arm-twisting of the Fed’s creation, and the proven destructive forces inherent but hidden therein. 1
The medieval Rothschild Banks established a line of credit for the King provided the King issued a written promise to pay gold, with interest, to the bank at a time in the future. The book-entry Rothschild credit was used to pay for obligations incurred by the king. The credit continued to be circulated in the kingdom between merchants. The bankers sold the king’s interest bearing promise of gold to investors. The promise was renewed by the king on its maturing date and became perpetually rolled-over. 2
VOILA !!! The king made the suppliers of services happy with Rothschild credit; the bankers had the gold from investors; the investors had a promise the king would eventually pay them in gold—which would never happen. 3 Everything went smoothly as long as the bankers could sell the promise and the investors did not demand the gold. 4 As Benjamin Ginsburg has lamented in FATAL EMBRACE; (bankers) AND THE STATE 5, eventually the schemes, which stole the wealth from the people with book-entry fiat money, would come to a catastrophic climax. 6
The Federal Reserve system, claimed to be “staffed and run by Council on Foreign Relations members” 7 does the same thing for the U.S. government’s deficit spending. Their wizard is hiding behind Frank Baum’s curtain as obscurant to any public inquiry.8
The Federal Reserve Bank of New York will grant credit (not “create money”) in an account of the US government with an amount that the government will pledge. 9 The government will expend the book-entry-credit account (deficit spending) to pay for goods and services consumed by the government. The suppliers are content. Evidence that the supplier has received a credit voucher is obvious. [It is touted to the public as a loan.10] The heading of the currency given to the supplier by a local commercial bank is Federal Reserve Note; i.e., a debt obligation of the Federal Reserve also identified as a “tender” (substitute) required by law to be accepted for an imprinted number of dollars. 11More
According to the filings that JPMorgan Chase makes annually with the Securities and Exchange Commission (SEC), since 2013 JPMorgan Chase has spent $77 billion buying back its own stock. That includes the whopping $17.01 billion it has spent in just the first nine months of this year buying back its stock.
But here’s the shocking news. According to its SEC filings, JPMorgan Chase is partly using Federally insured deposits made by moms and pops across the country in its more than 5,000 branches to prop up its share price with buybacks. The wording in the filing is as follows:
“In 2019, cash provided resulted from higher deposits and securities loaned or sold under repurchase agreements, partially offset by net payments on long-term borrowing…cash was used for repurchases of common stock and cash dividends on common and preferred stock.”
Had JPMorgan Chase not spent $77 billion propping up its share price with stock buybacks, it would have $77 billion more in cash to loan to businesses and consumers – the actual job of its commercial bank. Add in the tens of billions of dollars that other mega banks on Wall Street have used to buy back their own stock and it’s clear why there is a liquidity crisis on Wall Street that is forcing the Federal Reserve to hurl hundreds of billions of dollars a week at the problem.
On September 17, the overnight lending rate on repurchase agreements (repos) spiked from the typical 2 percent range to 10 percent, meaning some very big lenders such as JPMorgan Chase were backing away from lending. That forced the Federal Reserve to jump in as lender of last resort, the first time it has done that in any material way since the financial crisis…
We hate to say we told you so, but we told you so. The trade war was a bad idea and everyday average Americans are footing the bill for this asinine policy of tariffs. Now, the food supply could be in jeopardy because of political posturing and that will not bode well for already cash-strapped American families.
A total of 84 farms in the upper Midwest filed for bankruptcy betweenJuly 2017 and June 2018, according to the Minneapolis Star Tribune. That’s more than double the number of Chapter 12 filings during the same period in 2013 and 2014 in Wisconsin, Minnesota, North Dakota, South Dakota, and Montana, reported Vox.
There is a parallel system of govt that has been stealthfully formed around us to overtake our federal/state and local system. This parallel system or shadow goverment consists of mostly state and regional boards, commission and agencies that are unelected and unaccountable to the people.
These boards/commissions and bodies have tremendous power and are now dictating policy to local counties and cities. Many of these agencies cannot be audited and are incorporating outside of California to avoid the open meetings act.
Federal and state funding are being given to these bodies bypassing the local municipalities giving them great power to coerce local cities and counties into implementing Agenda21 land use, transportation, climate and other policies.
In addition Public/private partnerships are being formed daily to further dilute the accountability and control within our state. These partnerships allow this shadow govt to hide behind and protect private businesses from lawsuits, environment regulations giving unfair advantage to these corporations thereby killing their true private competitors.
In a few weeks California will have a carbon credit trading scheme foisted upon us that will further kill our economy. This regulation was enacted supposedly to stop the evil corporations from polluting our air and water. However, all of those corporation who are favored by the shadow system, known as Benefit Corporations, will get waivers so the real damage by these regulations will be to the middle class.
In a few short months I predict that California will lose thousands more jobs, our businesses will not be able to compete and our economy will fail.
Please DO NOT come bail this state out!
I believe the rest of the country will be asked to save California because “We are too big to fail!” Do not fall for this. California was meant to fail by design. All the Marxist policies that have been implemented in this state were designed to overrun the system so it would fail and then the govt could come in and take over.
Please do not bail us out.
Use this as a cautionary message to save your own state.
The first time I heard that the Post Office was considering cutting out Saturday deliveries, my antenna went up. “Oh no! They want to wreck that too”! But I wrote it off as a normal cost cutting measure given our dismal financial state of affairs. The next warning then came as an announcement that they were 8 something billion in the red on their pension commitments, and were talking about closing hundreds of regional centers, rural post offices, and lay workers off. My anger, when I hear about the neglect and demise of something that is so basic to our country, such as our Postal Service, goes over the top. You could say I go postal.
There’s always plenty of millions/billions for the bankers bonuses, trillions for wars and killing, and the latest weapons and technology to be used against Americans, but not a penny in sight to shore up the basic foundations of our society. When it comes to anything for us, the taxpaying consumers as we are known, “we’re broke” they tell us.
What Americans need in the way of help from our loving, caring government is a drop in the bucket compared to what they decide to spend to “keep us safe”!! I’ll take the odds and keep myself safe!! Just let me keep my freedom, please!!! Anyway, I don’t appreciate how many innocent people they have to kill, and how many other countries they have to obliterate to keep me safe. Hey! Anyone want to invest in a new airline? It’s called ‘Fly At Your Own Risk Dream Trips’. More
Occasionally, amid the mountains of mindless legislation produced by those fools in congress, one or two really stellar examples of “what the hell were you thinking?” surfaces and leaves us wanting to bang our heads against the wall repeatedly out of frustration at the sheer stupidity of what is offered as necessary legislation. Never has this been quite as extraordinary as it is in the Covered Bond Act of 2011, a bill that is intended to avoid the hassle and exposure of public debate over bailing out the criminals while leaving the country twisting in the wind. Of course this will be supported by the full faith and credit (me & you) of the United States.
“So long as the Federal Reserve exists and/or other financial regulatory agencies continue to be run by a revolving door staff that moves in and out of industry and government, crony capitalism will be alive and well in America. No amount of Dodd-Frank or Volcker rule legislation will ever protect savers, taxpayers or the American people. Profits will continue to be privatized and losses socialized.”
This bill will just confirm the practice of privatizing profits while nationalizing the losses, as a legal response to criminal activity.
“The United States Covered Bond Act of 2011 is designed to allow bundling of any kind of debt including derivatives, into marketable securities guaranteed at full face value by the FDIC.”
Derivatives? Weren’t those instruments the same ones that caused the near collapse of the system? So what are they, exactly? More
Apparently there are so many smart people out there that I’m blessed by my ignorance. The whole “non-demand demands” of Occupy Wall Street (OWS) just confuses the heck out of me. I’m thinking “What do OWS folks stand for?”, but the best I can come up with before the Union Co-Op and Prezzie support group started was here. Let’s just take a look one-by-one:
Demand one: Restoration of the living wage. This demand can only be met by ending “Free trade” by re-imposing trade tariffs on all imported goods entering the American market to level the playing field for domestic family farming and domestic manufacturing as most nations that are dumping cheap products onto the American market have radical wage and environmental regulation advantages. Another policy that must be instituted is raise the minimum wage to twenty dollars an hr.
Awesome! Everyone will have more fiat money to purchase fiat imported goods which will in turn support Amerika! Oh. Not so much. Let’s move on to the next.
Demand two: Institute a universal single payer healthcare system. To do this all private insurers must be banned from the healthcare market as their only effect on the health of patients is to take money away from doctors, nurses and hospitals preventing them from doing their jobs and hand that money to wall st. investors. More
Lynn Swearingen (c) copyright 2010 ALL RIGHTS RESERVED
In yet another round of finger-pointing, the Dodd-Frank Wall Street Reform and Consumer Protection Act passed last year turned up this bit of information:
I spent mine already – how about you? Didn’t get it? That is because it wasn’t for the “little people”. Oh no. Just like the skinny new kid on the block gives his brought from home outlawed Twinkie to the big kids at school so they’ll play with him, the Administration(s) played nice with the very people who are now being condemned as the “causation” of various bubbles, CEO raises, and “unexpected Economic downturn”. Are we seeing a pattern here? More
Marti Oakley (c) copyright 2011 All Rights Reserved
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I’ll make you a deal……I’ll agree to union busting if you agree to help end corporations.
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For all those out there cheering the union busting, where was your bravado, your passion, when Wall Street and the gangster banksters were robbing the American taxpayer and bringing the country to the edge of collapse with their corruption? I’ll tell you where you were…..you were sitting at home with your mouth shut. If you did speak it was to support the corporate overthrow of our government and our Republic. You are the same people who think a global economy is going to make you rich, and who parroted the neo-con mantra of “it ain’t fair to tax the rich” and how terrible it was to tax corporations who are registering the highest profits in recorded history while we foot the bill for subsidies, tax credits and the loss of wage protecting tariffs in all those unlawful trade agreements that serve to bankrupt economies around the world.
What we are witnessing is not only the wholesale deconstruction of our economy, but also the wage base that has secured a healthy middle class. Paramount to ending the middle class is to end workers rights. The right of workers to collectively bargain for benefits and wages helped maintain competitive wages across the board. Whether we belonged to a union or not, we benefited from them as businesses had to pay a fair wage in order to compete for the best workers.
Lynn Swearingen (c) copyright 2010 ALL RIGHTS RESERVED
The riveting 345 page Government Accounting Office bestseller is hot off the presses!
For those of us who wonder what S510 was really for in the first place, don’t worry – there is no mention of “harmonizing” the entire food system under one “super-stellar ultra-powerful” (SSUP) governmental organization to starve the little people into submission – the proposal presented is just to save money!
“… the study provides additional evidence for the need to consolidate food safety oversight into one independent agency.
“I have introduced legislation that would establish such an agency since 1999 and believe that this is a critical step toward preventing foodborne illnesses and protecting public health,”
If one should choose to waste a few hours perusing this interesting PDf entitled “Opportunities to Reduce Potential Duplication in Government Programs, Save Tax Dollars, and Enhance Revenue,” (ORPDGPSTDER) (alternate Text option here) look for such stirring passages as: More
“No we are not participating in ObamaCare, then issued a statement denying the memo obtained by the WSJ and Bloomberg News, and then surprisingly ended up on the “Waiver” from the new Federal Health Care.” More
Pundits are reacting with aghast at Bernanke’s QE2. The purpose of QE2 is not for the benefit of society; it is a desperate attempt at self-preservation by the Federal Reserve. It will not salvage the Ponzi scheme.
If the market is left alone, the value of mortgages held by the banks will continue to fall. When the toxic mortgages eventually have to be written to value, the assets of the banks will rapidly de-leverage—and the banks are obviously bankrupt. When the banks fail, the riots start and Congress–to make a show for the public–will have to point fingers at someone (other than themselves) and that will be at the Fed. If the man behind the curtain is exposed to scrutiny or an audit, all hell will break loose. The Fed will be like BCCI on steroids. More
At the request of several of our readers, and in light of the Republicans holding the unemployed hostage while they attempt to extort the public on behalf of the uber wealthy…….we revisit this article. Apparently there are still a large number of individuals that believe they will fall victim to the “death tax”. In your dreams sweetie! If the Republicans get their way…you’ll be lucky if you can even afford to breathe!
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Unless that farmer has a net worth…all his income plus real property value, minus all his debt that results in a net worth of 3.45 million or more, there is not a rat’s chance in hell they will be subject to any “death tax”. Simple estate planning can avoid all of this. And what farmer, after having navigated the market manipulations of USDA, FDA, Farm Bureau and a host of other government agencies intent on depriving him of his life’s work, doesn’t make plans for the untimely event of his passing, making sure his heirs receive the results of that work? Still, its nice to see someone finally concerned about our farmers.
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You don’t make enough to qualify for special treatment under what is called the “death tax”. The marketing of the term “death tax” and selling it to middle America as something that would affect them and their annual salaries, and what ever real assets they had accumulated is strictly a Republican disinformation tactic. This bogus marketing campaign has been promoted by Republicans to protect rich donors and their buddies and in many cases, themselves. More
The debt created by usury based sovereign debt is perpetual; it can never be paid off. The contract cannot be culminated. Any contract that cannot be culminated is an act of fraud. A contract based upon fraud is invalid from its inception. It would appear the national debt is not legally enforceable. (A debt incurred by a state or municipality is not a sovereign debt as used in this analysis. Such a debt is akin to a commercial loan and is completely repayable.)”
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The Federal Reserve uses euphemistic smoke and mirrors to obscure their operations. With full knowledge the following is not the way the Fed/government describes the system, allow me to offer a different analysis of their mathematical operation.
Congress can pay for federal expenses with funds collected from taxes, but Congress is never satisfied with this amount. The desire to buy votes/campaign contributions from special interest groups induces congress-critters to spend more, and this is identified as deficit spending. To create this make-believe money requires the assistance of the Federal Reserve. Approximately 45% of the 2009 budget was paid by new fiat money.
Congress will give the Fed a security (bill, bond, or note) and the Fed will accept the document as an asset of one of the twelve FR Banks. The Fed will then establish a line of credit for the U.S. government for the same amount and list the liability as Federal Reserve Notes. Voila !! Fiat money has just been created for Congress to spend. Ref: 2009Annual Report to Congress by the Board of Governors, page 448. More
“Well, I’m here to tell you some time in the next couple of months we’re going to be creating between 250,000 jobs a month and 500,000 jobs a month.” Vice President Joe Biden, April 23, 2010 More
“Yesterday, Jim, the head of Caterpillar, said that if Congress passes our plan, this company will be able to rehire some of the folks who were just laid off,” Obama said today in Peoria.” More
Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation’s roads, railways and runways that would cost at least $50 billion.
The infrastructure investments are one part of a package of targeted proposals the White House is expected to announce in hopes of jump-starting the economy ahead of the November election. Obama will outline the infrastructure proposal Monday at a Labor Day event in Milwaukee.
While the proposal calls for investments over six years, the White House said spending would be front-loaded with an initial $50 billion to help create jobs in the near future.
Funny how History rhymes when it is not repeating itself. A “general” discussion on how the programs, edicts and Government measures did not work to pull the economy out of the Great Depression. A war was needed. Too bad we quit in Iraq and aren’t really at “war” in Afghanistan. More
Lynn Swearingen (c) copyright 2010 ALL RIGHTS RESERVED
Follow me here for a moment and learn the dirty little secret of H.R. 1586.
Normally one would think that the righteously titled H.R. 1586 recently passed and signed into law August 19, 2010 by Mr. Obama would at least have something to do with the bloated title that it received, but alas it does not. The original stated purpose in March of 2009 (17 months ago) was:
An act to modernize the air traffic control system, improve the safety, reliability, and availability of transportation by air in the United States, provide for modernization of the air traffic control system, reauthorize the Federal Aviation Administration, and for other purposes.
The American Public can be sure that Representative Rangel (where have we heard that name recently?) wouldn’t introduce a Bill that has nothing to do with the title, now how could he “ethically” do that? After all, here is the man who was so upset about the upcoming War in Iraq that he introduced a “You Elitist SOBs Send Your Own Family Into Active Duty Act” (i.e. proposed a new draft beginning in 2003 continued ’04, ’06, ’07, ’10). Among his statements:
I first introduced legislation mandating military or national service for our youth during the lead up to the Iraq War, convinced that if the sons and daughters of Congress were doing the fighting, we might think twice about authorizing it. But I also felt it was time that all Americans, including the wealthy, be given the opportunity to prove their patriotism. All young people ought to make a contribution to the country. More
NOTE: Compose your own letter! Remember that identical letters are discarded or treated as only (1) no matter how many come in. Also: multiple letters coming from the same fax or email addy, are also discarded or treated as (1): just one of several ways congress uses to disregard voters. …Marti_____________________________
“To make matters worse, the original, House-passed bill, which the Senate amended under the direction of the Senate Majority Leader, was originally the “FAA Air Transportation Modernization and Safety Improvement Act.” You know spending bills are constitutionally required to originate in the House of Representatives, yet this cheating is rewarded by the Speaker of the House. “
Lynn Swearingen (c) copyright 2010 ALL RIGHTS RESERVED
For those of us who have been waiting for the “train” to leave the station on the United States Economy, I’ve got news for you. There is nothing barreling down the tracks waiting to hit the proverbial blockage on the tracks and explode our Economy into the largest Depression ever. Instead, QE2 is waiting at the docks “ready to sail”.
…who suggested the Fed may have to buy more Treasurys as he warned about Japan-style deflation. The idea gained momentum, but expectations for a quantitative easing move at this Fed meeting really took off after Friday’s surprisingly weak July employment report.
Actually the debates have been spurred by a paper written by Mr. Bullard titled Seven Faces of “The Peril” in which his comparison of the United States and Japanese economic “similarities and differences” dance around one another in squares and circles with fancy charts, analysis of Seven Case Studies and numerous esoteric comparisons which fill 24 pages of the pdf in a mind-numbing conflagration of confusion. The opening paragraph should advise one of this reality: More
I read a sad little story today about a former Homeless Shelter Case Worker who is going through some hard times. Seems that after 99 weeks of Unemployment Bennies – she still cannot find a job even with 17 years experience. And she has to pay for COBRA to the tune of $650 per month. And she is having to dip into her 401K next month if something miraculous does not happen.
At first one would be compassionate and think “Oh. How sad and her Mommy is in the story as well!”. But on reflection and further perusal of the “iReport”, the compassion seems to bleed from my brain.
This particular case is indicative of the mindset of some American Citizens. On reading the article we see that she is paying $300 per month for storage for the furniture that cannot fit in her new apartment:
And then there’s the storage fee of $300 she pays for all her excess furniture from her old apartment.
Word of advice: Sell it. If it is excess, you don’t need it. More
Lynn Swearingen (c) copyright 2010 ALL RIGHTS RESERVED
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Fannie and Freddie hold about $6 Trillion in mortgages and have been in conservatorship to the Federal Government for over 18 months. Of the pair [Federal National Mortgage Association (Fannie) and the Federal Home Loan Mortgage Corporation (Freddie)], the “Big Sister” was doing a pretty good job until 1968 when the National Debt was rocketing out of control. More
Liberty News Online 04-03-2010 6:20 pm – John Wallace The Federal Reserve has recently and very reluctently released details of its unlawful purchase of certain securities in order to help JP Morgan Chase takeover the Wall Street brokerage firm of Bear Stearns. Unfortunately for the Federal Reserve, this was a violation of federal law, as the Fed is not authorized to purchase anything other than securities that are backed by the full faith and credit of The United States.
Here is some basic information about three organizations that were created as part of the criminal scheme to defraud Americans that could also be considered part of a larger pattern of racketeering activity:
MAIDEN LANE LLC
Maiden Lane LLC is the first holding company bearing the name that was created when JPMorgan Chase took over Bear Stearns in early 2008. It holds an asset portfolio that JPMorgan found too risky to assume in whole, and consequently the Federal Reserve Bank of New York extended a $30 billion credit line to the limited liability company to facilitate the unwinding of these assets over time. Bloomberg, citing Bank of America analysts, reported on October 2, 2008, that the Federal Reserve might stand to lose $2 to $6 billion on the asset porfolio. A November 6, 2008, update by the Federal Reserve showed that the fair value of the assets was at $26.8 billion, meaning a book loss of $2 billion for the Federal Reserve. More
by: Lynn Swearingen (c) copyright 2o10 ALL RIGHTS RSERVED
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I was severely torn today.
In the running for today’s Fool we had Illinois Idiot Representative Phil Hare stating yesterday something to the effect of “I don’t worry about the Constitution”. It is a stark reminder that the American Media can take actual footage and spin it around until one cannot even determine what is being said. I include a few articles/video here for everyone to make up their own minds.
“You have condoned and encouraged the suppression of free speech, the right to bear arms, the right to peaceably assemble, the right to be secure in our papers, persons and property and these assaults on our freedom are non-stop. From every corner, from every possible venue you attack us. You create false crises’ and false remedies all the while threatening us with attacks from someone “over there” when it is you we need to fear.
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I would like to demand the presence of every senator, every representative so that I may enumerate my grievances while looking you in your faces, and for as much time as I may consume……and of course…… for other purposes.
Please be seated and end all your conversations; the doors are locked and you will not be allowed to meander outside chattering in your attempts to display your contempt for my presence here today. Now sit down, shut your mouths and listen!
Now that all of you are seated I intend to bring to your attention many of the issues, the policies and laws that have been implemented by both your chambers, by both of the two major parties that have aggravated me greatly along with millions of other Americans. You refused to listen when we called your offices; you cast aside without looking at, the petitions we heaped upon your desks with millions of signatures demanding that you not proceed with some piece of political quackery, and you proceeded to act as if you owed no amount of loyalty or concern to the people whose lives your actions were going to affect directly and immediately. Today, I will attempt to highlight some of the most egregious actions having occurred in the last eight years and continuing into this new administration. More
Recently, many said we were wrong to oppose the TARP bailouts. It was a crisis after all. Sadly, our fear that TARP would be the proverbial camel’s nose in the tent, seems also to be coming true. Get this…
Will they get the $1 billion they’re asking for? Many say no, but we’re not so sure. Here’s why…
YRC’s problem is its union pensions, not its trucking business. The Wall Street Journal says “roughly half of YRC’s contributions to a multi-employer union pension fund cover the costs of retirees who never worked for the Overland Park, Kan., company.” This matters because…
The Democrats, like the Republicans, work for big special interests. Unions are among the most important clients Democratic politicians have. So you can expect the Democrats to bailout unions, just as the Republicans wanted to bailout banks.
We’re not taking sides. Many bad decisions have been made by all the BIGS — big business, big labor, and big government, but . . .
YOU shouldn’t have to pay for any of those mistakes! Instead…
The politicians need to let the bankruptcy process do its curative work. This process wouldn’t necessarily . . .
* Close a company or a union, or . . .
* Leave anyone holding an empty bag
The bankruptcy process works because it restructures payments and/or distributes assets to creditors in a fair manner. It also gives people an incentive to be careful in the future.
564 American car makers have either failed or been purchased by other companies over the past 100 years. This process of supposed destruction has been highly creative, making the auto industry stronger, not weaker. Imagine where we’d be if these companies had been bailed out, or allowed to use tax money to avoid being purchased.
Failure, mediated by the bankruptcy process, is an ESSENTIAL part of a vibrant healthy economy. We need to purge the toxins from our economy, not perpetuate them. We need to end TARP, and all other bailouts. Let’s cut off this camel’s nose before the whole beast comes in and topples the tent.
Use your personal comments to specifically oppose applying the TARP program to YRC Worldwide, and for TARP to be repealed.
Our goal this month is to pound Congress with more than 31,730 messages. That means we must hit Congress with x,xxx messages today.
Thank you for being a part of the growing Downsize DC Army. To see how much we’re growing please check out the Keeping Score report below my signature.
Jim Babka, President
DownsizeDC.org, Inc.
Keeping Score
We’ve grown again, by 59 net new members over the weekend, and by 991 net new members so far this year. The Downsize DC Army now stands at 25,340 — 34% of the way to 26,000!
I have recently come to suspect that the “sovereignty” being declared from the federal government by several states is a sham – a clever ruse designed to placate the people while their states actually prepare for the coming martial law.
In part, I have based this suspicion on the fact that, among those states declaring their supposed “sovereignty” have been several that have been busily passing new gun control laws that claim to “protect” their respective citizens from gun confiscations during martial law (a very telling statement in itself), while, at the same time, actually facilitating it.
But, there is yet more evidence that some of the same states declaring “sovereignty” from the federal government are otherwise cooperating with the federal government.
Take, for example, the unemployment benefits extended to the states by the new stimulus bill passed by the Obama administration. While there are five states (Alaska, Mississippi, Louisiana, South Carolina and Idaho) whose governors have said they will refuse the acceptance of those funds on principal, the remaining forty-five states have not done so. Among them is Oklahoma, the first state to issue a declaration of sovereignty. It has not only accepted those funds, but is already distributing them, as of February 28th.
While Mississippi’s governor is among those refusing the funds (and Mississippi is also one of the states declaring sovereignty), its SB2036, a law that supposedly prevents gun confiscations during martial law, actually facilitates the confiscation of guns by leaving it up to a police officer’s sole discretion. Considering what we know about cops having been trained to take our guns in recent years, I leave it to you to decide whether this Mississippi law does anything to protect Mississippi’s gun owners or not. Refusing the stimulus funds (at least for unemployment benefits, anyway – we don’t know what other funds Mississippi may or may not be accepting from the stimulus pie), while it may seem aligned with the purposes of declaring state sovereignty, is easily done if the long-term plan is for martial law – a situation in which those extended unemployment benefits will no doubt be revoked, anyway. But, preparing for martial law by hurriedly passing laws that help to implement it – as SB2036 actually does, despite the claims to the contrary, is a glaring contradiction of the entire purpose and principle of declaring state sovereignty, is it not?
As for Louisiana’s record, the Katrina debacle speaks volumes about their willingness to go along with federal plans for martial law – they’ve already done it, during the martial law practice run that was the response to Katrina, during which firearms were seized from the population of New Orleans, leaving law abiding citizens (many of whom were not affected by the flooding) without any means to protect themselves from looters for weeks.
The relevent sections of the bill are those that call for a national database of medical records – intrusive enough as that is – and these records could be used to establish various pretenses for gun confiscation, based upon supposed “mental illness.” If anyone in the database has been to a psychiatrist, for example, this can be construed as being indicative of “mental illness” or “instability,” thus negating an individual’s Second Amendment rights.
Marti Oakley
While politicians and MSM cry hysterically about socialism and communism in order to strike fear in the public, the real danger we face is fascism; the corporate control of everything, including our daily lives. Unfortunately too many members of the public drank the kool aid on this one, refusing to accept the true state of affairs that has decimated our economy and is in the process of destroying the lives of everyday Americans.. As corporations that have been determined to be “too big to fail” are bailed out for the second time since 2008, you’d think we would get the message. We, the public, are expendable. We are not “essential”.
Lynn Swearingen (c) copyright 2011 ALL RIGHTS
The PPJ Gazette 
21 Trillion missing from US Government…no Accounting for it
December 30, 2019
ppjg bailouts, Constitution, CORPORATIONS, corruption, families, Government, The PPJ Gazette 21 million missing, bailouts, banks, Comments, corporate contractors, corruption, enforce the US Constitution, families, federal government, Government, Kathern Austin Fitts, ntional debt, The PPJ Gazette, The Solari Report, Us Constitution, Wall street Firms Leave a comment
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