How Do We Overcome This Corporate Enslavement and the Collapse of the Middle Class?

We know that the readers of this blog know that we endeavor to present clear facts. We know that they appreciate how we present the information for their consideration in a clear and concise manner. We rarely have anyone dispute our points because we do endeavor to be sure that everything we say is absolutely backed by undeniable facts. All of these things we know based on the volumes of comments.  However, we also know that most of our readers, while completely agreeing with our blog’s opinion feel that they are powerless to overcome the forces that have brought us all to this point. There are also a number who actually fear speaking out because they are honestly afraid to be arrested or lose their jobs, or any other number of adverse effects they perceive would majorly disrupt their lives.

So how do we overcome what seems to be our collective economic and political enslavement? How do we overcome this positively oligarchic society we now find ourselves in? How do we find the courage to take actions that we feel comfortable in doing that may be effective in countermanding this powerful train that is running us over?

We have given much thought to these questions, because as our readers sense, short of anarchy what chance do we have? WE DO NOT support any violent option or WE DO NOT support destroying our society to right this obvious and gross imbalance of economic opportunity and political corruption. What we have come to understand is that we need to really think about where we can have the most effect.

The AH HA moment came in a quiet moment of clarity. Our enslavement was built on lulling us into a belief we were comfortable through a well mastered program of consumerism, both from a “things” point of view and a political point of view. We swallowed the poison because this was the latest and greatest thing to have or this was the latest and greatest way to think!

So logically it seems this is what we need to attack! The root of it is where we need to focus and we can do just that by learning to once again truly be independent! We have to begin to build organizations to protect ourselves from corporate forces that are determined to exploit the ecosystem until it collapses. We have to recognize that the implantation of global capitalism is one that will reconfigure the world into a kind of neo-feudal society where workers here will be told that they have to be competitive with the sweatshop workers in Bangladesh who make $0.22 an hour or the prison labor in China. That’s already happening. We have to recognize that–the vast corporate systems that we have set up.

For instance, our food system is very fragile and is not sustainable. Food must once again be local. We can’t continue to feed ourselves on a system where we’re shipping all of our fruits and vegetables from California or Florida across the country, or relying on fruits and vegetables from South America n the winter. That means beginning to develop more community gardens, but it also means essentially buying local, creating sustainable systems that are local, because when things go down, the elites will withdraw into their gated compounds, where they will have access to security, water, medical facilities, all sorts of things that they will deny to the rest of us. They’re not going to take care of us when the economic collapse comes, when things go bad. We have to begin to prepare for those events now.

It’s not a very pleasant scenario. It’s not pleasant to think about. But it’s survivable if we begin to respond to what’s coming. As long as we remain unplugged, as long as we are checked out, which is how they want us, we’re going to be left defenseless.

There’s organizations speaking about housing and unemployment and this and that, and so people still left wondering, what can I do to make a difference? There have been breakthroughs in certain places, for example, the efforts of Chicago teachers, and there was the rebellion in Wisconsin which had its positive effects.  However, it’s not getting enough coverage in mainstream media, therefore people think nothing’s happening. And, in fact, more is than a lot of us think there is, but not at the scale that would create the kind of changes we need. So people are still left with what’s the key link for the tipping point in the battle?

Therefore the key is the more we create self-sustainable systems that are local, the more we sever ourselves from these corporate forces, the less we need them. And the less we need them, the more we impoverish them. The goal has to be to break these corporate power structures and their political influence, this “entity” that has seized control of our government, our systems of communication, our judiciary, our health care systems, our educational system and our basic way of live.

Now we’re watching them eviscerate our systems of education. Anytime hedge fund managers walk into a city like Baltimore and propose charter schools, it’s not because they want to teach people to read and write. It’s because they know the federal government spends about $600 billion a year on education, and they want it, and they’re getting it.

So building local centers that are self-sustaining and that can create forms of community that are not dependent on these corporate forces is a political act, because these corporate forces need us to continue to consume their products and rely on their services. And the less we consume and the less we are hostage, the less we need these forces, the more independent we become.

Now, that has to come with a kind of political consciousness, but we think we can recognize that has to come hand-in-hand with our efforts. We can, as people, take control once again of our own lives. These kind of actions will bring a kind of consciousness, because these corporate forces, especially if they begin to feel threatened, are going to see these acts as political acts and are going to move–as we have seen corporate farming move against organic farming, they are going to move to try and destroy these forces. The more they react is the direct gauge of our effectiveness. We need to build a political force that is going to counter systems of power that seek to destroy us.

The way we describe our economic and political system no longer matches the reality. Laissez-faire capitalism–we don’t live in a system of laissez-faire capitalism when the federal government bails out these institutions to the tunes of trillions of dollars and then keeps pumping out free money from the Fed and handing it to corporate interests and corrupt banksters–that’s not laissez-faire capitalism.

If we begin to think locally and responsibly, we can affect the change we need and tilt the scales back toward the good of all, instead of the profits and wealth expansion of the 1%. We need to insure that these efforts are covered extensively by local media and we need our demonstrations and protests be directed to those local media outlets, not governments, if they fail to cover the events in a fair and truthful manner. They are much more dependent on LOCAL support and would be more sensitive to outrage by their local communities. If we do these things effectively there will be a spark point when we collectively realize, OH YES WE CAN!

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Did You Know Your Right to Demonstrate at a Political Rally is Now Considered a Criminal Act?

In the most recent article, I had suggested that we show up at the political events of the politicians and would-be candidates that would continue the same false divisive dialog and be civilly and peacefully disruptive. To basically say we want the dialogue to be about real issues affecting us all.  However, I was amiss to not inform my readership that doing so you could risk criminal behavior. SAY WHAT? Yes it is true that the “new” law of the land that probably is the most egregious stomping of our constitutional rights is HR 347, which passed by the most significant majority in both houses of the 112th Congress and was signed by President Obama.

The three sole dissenters of HR 347 when the House vote tally which took place 02/28/12, and passed 338 for and 3 against were Rep. Paul Broun R-Georgia, Rep. Justin Amash R-Michigan and Rep. Keith Ellison D-Minnesota. Rep. Ron Paul was reported earlier as having voted against the bill, but that was based on the original vote conducted 02/28/11. Rep. Ron Paul ABSTAINED on the final vote.

Rep. Amash, a rising star in the Tea Party, explained his position on Facebook. “Current law makes it illegal to enter or remain in an area where certain government officials (more particularly, those with Secret Service protection) will be visiting temporarily if and only if the person knows it’s illegal to enter the restricted area but does so anyway. The bill expands current law to make it a crime to enter or remain in an area where an official is visiting even if the person does not know it’s illegal to be in that area and has no reason to suspect it’s illegal. (It expands the law by changing “willfully and knowingly” to just “knowingly” with respect to the mental state required to be charged with a crime.”

I have included the entire language of the bill below.  I did so for two reasons. First, I want to be sure to fully inform my readers about the real impacts of what we would consider a part of our assumed given right to peacefully protest and to also illustrate how MSM totally neglects to inform us of “Our Government and CONgress” and how, thanks to their actions, we are moving closer and closer to the reality of living in a fascists oligarchy.

If you were to tell any American, even ten years ago, that organizing a protest at a political rally could land you in jail for ten years, and one year at minimum, they would have said, “you’re nuts, this isn’t Russia.” No it isn’t Russia; it is a little worse actually. Read the bill very carefully, especially the areas I have bolded and highlighted. Then let that sink in a bit. To me calling this bill ‘Federal Restricted Buildings and Grounds Improvement Act of 2011’ is the most hypocritical aspect of it. This is especially true when you consider that ‘Federal Restricted Buildings and Grounds’ means ‘(1) the term ‘restricted buildings or grounds’ means any posted, cordoned off, or otherwise restricted area–.

HR 347 was introduced on Jan 19, 2011 (112th Congress, 2011–2013) and sponsored by Rep. Thomas Rooney [R-FL16]. It was signed into law by President Obama and became Pub.L. 112-98.

“One Hundred Twelfth Congress of the United States of America

AT THE SECOND SESSION

Begun and held at the City of Washington on Tuesday, the third day of January, two thousand and twelve.

An Act

To correct and simplify the drafting of section 1752 (relating to restricted buildings or grounds) of title 18, United States Code.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ‘Federal Restricted Buildings and Grounds Improvement Act of 2011’.

SEC. 2. RESTRICTED BUILDING OR GROUNDS.

Section 1752 of title 18, United States Code, is amended to read as follows:

-‘Sec. 1752. Restricted building or grounds

‘(a) Whoever–

‘(1) knowingly enters or remains in any restricted building or grounds without lawful authority to do so;

‘(2) knowingly, and with intent to impede or disrupt the orderly conduct of Government business or official functions, engages in disorderly or disruptive conduct in, or within such proximity to, any restricted building or grounds when, or so that, such conduct, in fact, impedes or disrupts the orderly conduct of Government business or official functions;

‘(3) knowingly, and with the intent to impede or disrupt the orderly conduct of Government business or official functions, obstructs or impedes ingress or egress to or from any restricted building or grounds; or

‘(4) knowingly engages in any act of physical violence against any person or property in any restricted building or grounds;

or attempts or conspires to do so, shall be punished as provided in subsection (b).

‘(b) The punishment for a violation of subsection (a) is–

‘(1) a fine under this title or imprisonment for not more than 10 years, or both, if–

‘(A) the person, during and in relation to the offense, uses or carries a deadly or dangerous weapon or firearm; or

‘(B) the offense results in significant bodily injury as defined by section 2118(e)(3); and

‘(2) a fine under this title or imprisonment for not more than one year, or both, in any other case.

‘(c) In this section–

‘(1) the term ‘restricted buildings or grounds’ means any posted, cordoned off, or otherwise restricted area–

‘(A) of the White House or its grounds, or the Vice President’s official residence or its grounds;

‘(B) of a building or grounds where the President or other person protected by the Secret Service is or will be temporarily visiting; or

‘(C) of a building or grounds so restricted in conjunction with an event designated as a special event of national significance; and

‘(2) the term ‘other person protected by the Secret Service’ means any person whom the United States Secret Service is authorized to protect under section 3056 of this title or by Presidential memorandum, when such person has not declined such protection.’.”

I don’t know about you but this just isn’t what we are about. As a veteran this sure as hell isn’t what I fought for and personally I wonder what it is going to take to wake folks up! Really, is it going to take watching Grandma go to jail? This law should be repealed and we should be outraged that it exists in the first place. How could this law be constitutional when viewed in the context of our VERY First and most important constitutional right?

Remember:

Amendment I

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

 

WAKE UP!

Conservative Elites vs. Liberal Elites- No One is Representing the Middle Class and Workers

What is the difference between G W Bush and Barack Obama? Nothing! Therein lies the problem for the disappearing middle class and workers in this country. Why hasn’t the economy improved? Because no one is demanding it change. The 1% control media, politics, and corporate policies, moreover, and more importantly, they also control unions and those organizations that have traditionally provided the pressure to insure the system remains balanced. Like it or not we are living in a corporate oligarchy.

disparity thumbnail

The Occupy Movement represented something this corrupt system really feared. They were really independent of the influence of Wall Street or politics and did show the potential to grow rapidly. Ever ask the question of what happened to Occupy? They were effectively crushed. Some pinned their hopes on the Tea Party, but we have all witnessed the complete take-over of the Tea Party by the Koch Brothers and now the Tea Party representatives are being used to try to dismantle the very government structure that could act effectively to restore some equality in the system.

Some ask what happened to the influence of labor unions and liberal organizations in relationship to the Democratic Party and their platform and agenda. They simply were dwarfed in spending by Wall Street. The so-called “Wall Street” Democrats and firms simply outspent those organizations and therefore the issues of economic equality went to the wayside. Just simply look at what help or influence the union bosses played in the Auto Bailout. The unions accepted shaving senior workers, slicing benefits and pensions, and allowing the hiring of new workers at $12-14/hour! Now we find Detroit declaring bankruptcy! This was a combination of sellouts by the union leadership and the fact they were out-lobbied in the halls of CONgress.

oligarchy

It is interesting to watch the current “angst” of Obama supporters as they slowly are realizing they have, for the most part, been betrayed. What next? I would suggest that we take a page from the Occupy strategy. The current political system as we know does NOT represent us. The MSM does NOT report the truth about the real condition of the American economy or the American political system. Therefore there is no way to affect change “within the system” as we know it. Secondly, trying to form any type of third party or movement will be aggressively attacked as it arises and therefore there is no sense in looking to the traditional political approach to resolve the problems we face.

As we look around the world, what we see as effective is to once again create a healthy fear in the oligarchs and their politician cronies.  In a recent interview, Chris Hedge stated the last true liberal socially oriented president was NIXON! That was a remarkable statement until he explained that at the peak of the protests against the Vietnam War, massive amounts of people took to the streets in the capital and around the White House. These protests were so significant that the Secret Service lined empty school buses around the White House as a barrier. The story goes that Nixon was watching all of this from the Oval Office with Henry Kissinger. He apparently turned to Henry and said, paraphrased, “Jesus Christ Henry, these people are going to come through these barriers and get us! We have to put an end to this damned war now.” Therefore, as Chris points out, this was the last president who had any fear of the public’s opinion.

As we approach this 2014 election cycle these points should be considered. We all know what the problems are, because we are living them. We need to SHOW UP at political campaign speeches and events and begin to confront those who say they represent us. Forget about conservative or liberal, black or white or brown issues and approach this as it is – an attack on the middle class and poor of this country. That is 95% of US regardless of “party” or ethnicity. Watch what is happening in Britain, Germany, and France. Show up and don’t allow these incumbents and potential candidates continue the false narrative and divisive rhetoric. Demand an address to unemployment, hunger, equal rights, unrelenting surveillance, and corporate benefits and monetary support with our tax dollars. Demand redress to the issues of a living wage and decent housing and health care. An end to this usury as it relates to student loans and credit. In a word an end to the corporate Coup ‘d’ Etat of our government. We should pack every hall, every venue and simply not allow these idiots speak their crap, but do so in a peaceful, but civilly disruptive protest. Send the message we are on to the game and we are not going to allow it to continue.

oligarch boot

We ought to think about gathering our conservative and liberal friends together in our neighborhoods and have discussions to insure we grasp the reality we are being “played” against each other.  We need to understand that we are being polarized to insure we don’t come together. In these “block parties” find the REAL issues that effective us all, regardless of our personal political philosophy. In other words framing the truth about what is happening. We all have been betrayed, and we all are being victimized here! Let’s start now to understand the truth like adults and not like sheep!

Do We Really Want A New World Order As Envisioned By The Cabal?

Over the course of five years writing this blog I have pointed out how the world is controlled by such a minority few and their goal is to disenfranchise us from participating in governing ourselves and enslaving us economically. When put in these terms there is no doubt such an agenda is evil at its core. Many would dismiss this statement as being paranoid and the words of some conspiracy nut. If, in fact, there was no evidence to support such claim I would tend to agree.

However, the evidence does support the statement and there is no better way to prove that than to use the very words of those who view themselves in positions of power and those who are at the helm of this effort. Not my words, or the words of other “conspiracy nuts”, but the very words of those moving this New World Order forward.

Let’s start with the American presidents shall we?

“ At present, Americans are faced with an illegal junta which is repeating a vile era in American history: the seizure of all governmental powers by a single party-cabal” – John Adams’ presidency from 1797-1801

“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.”  – President Woodrow Wilson 1916.

“The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson.” – A letter written by FDR to Colonel House, November 21st, l933.

“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist. We must never let the weight of this combination endanger our liberties or democratic processes. We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.” –President Dwight D. Eisenhower’s Farewell Speech January 27th 1961.

“The very word SECRECY is repugnant in a free and open society.  We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweigh the dangers which are cited to justify it. There is very grave danger that an announced need for increased security will be seized upon by those anxious to expand it’s means to the very limits of excessive censorship and concealment. There is even today as we read these words an undertaking whose preparations are concealed, not published; it’s mistakes are buried, not headlined; it’s dissenters are silenced, not praised. The First Amendment protects the free press so that it will raise awareness and arouse our curiosity of into the activities of our government. The First Amendment also means that government at all levels must meet it’s obligation to provide citizens with the fullest possible information outside the narrow limits of national security. The public must be informed.” – John F. Kennedy’s Secret Society Speech.

“In the next century, nations as we know it will be obsolete; all states will recognize a single, global authority. National sovereignty wasn’t such a great idea after all.” – Strobe Talbot, President Clinton’s Deputy Secretary of State, as quoted in Time, July 20th, l992.

So there you have the words of the few truly independent and caring presidents.  All warned of this secret cabal. I think we can hardly call any of them “conspiracy nuts”.

Now let’s consider the words of those who are the actual the power behind the cabal. Consider these words.

“Today the path of total dictatorship in the United States can be laid by strictly legal means, unseen and unheard by the Congress, the President, or the people. Outwardly we have a Constitutional government. We have operating within our government and political system, another body representing another form of government – a bureaucratic elite.” – Senator William Jenner, 1954.

“We are moving toward a new world order, the world of communism. We shall never turn off that road.” – Mikhail Gorbachev 1987.

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” – Henry Ford.

“Some even believe we (the Rockefeller family) are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure – one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.” – David Rockefeller, Memoirs, page 405.

“To achieve world government, it is necessary to remove from the minds of men their individualism, loyalty to family traditions, national patriotism, and religious dogmas.” – Brock Adams, Director UN Health Organization.

“We need a program of psychosurgery for political control of our society. The purpose is physical control of the mind. Everyone who deviates from the given norm can be surgically mutilated. The individual may think that the most important reality is his own existence, but this is only his personal point of view. . . Man does not have the right to develop his own mind. . . . We must electronically control the brain. Someday armies and generals will be controlled by electronic stimulation of the brain.”
Dr. Jose M.R. Delgado, Director of Neuropsychiatry, Yale University Medical School, Congressional Record, No. 26, Vol. 118, February 24, 1974.

“We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.” – David Rockefeller.

“No one will enter the New World Order unless he or she will make a pledge to worship Lucifer. No one will enter the New Age unless he will take a Luciferian Initiation.” – David Spangler, Director of Planetary Initiative, United Nations.

“Today, America would be outraged if U.N. troops entered Los Angeles to restore order. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond, whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government.” – Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991.

Maya Angelou once said if people tell you who they are, believe them. I will let you judge, but for those of you sitting on the fence or not paying attention, it is time to pay attention. The events unfolding now at such a hectic pace are the “end plays” of this cabal and the end of individual freedom and certainly the absolute end of individuals participating in how they are governed. At this point, if we don’t stand up together, anyone who does stand up will be terminated, no questions.

Any questions?

A New Day is Beginning

It is the times that change or so people say. However, repeatedly over several hundred years, times have changed, but life remained the same. People didn’t change. Greed didn’t change. Power seekers continued their quest for power and found it. As they found it, they multiplied it and drew similar folks to support an ever expanding power structure that eventually blossomed into what we have today. Today, we all understand the corporate-quasi-government, known by many names, but the Shadow Government best describes it.  It is made up of large international corporate heads, banksters, politicians, media moguls, and even religious leaders. But now, times are changing.

dawn in a new world

Recently, because of a few brave, and some would say foolish, folks revealing to us the extensive nature of how we are all being monitored and even manipulated, it has become real to us. It isn’t that we didn’t know this intuitively, because we did.  However, until recently it was not brought out into the light for all to see. It is no accident that we call CIA operatives, spooks. However, something different is afoot. People are beginning to say no, this is not who we are.

Today, in Moscow, Edward Joseph Snowden delivered a statement to human rights organizations and individuals at Sheremetyevo airport at 5pm Moscow time. In it he explained why he did what he did.

“Hello. My name is Ed Snowden. A little over one month ago, I had family, a home in paradise, and I lived in great comfort. I also had the capability without any warrant to search for, seize, and read your communications, anyone’s communications at any time. That is the power to change people’s fates.

It is also a serious violation of the law. The 4th and 5th Amendments to the Constitution of my country, Article 12 of the Universal Declaration of Human Rights, and numerous statutes and treaties forbid such systems of massive, pervasive surveillance. While the US Constitution marks these programs as illegal, my government argues that secret court rulings, which the world is not permitted to see, somehow legitimize an illegal affair. These rulings simply corrupt the most basic notion of justice – that it must be seen to be done. The immoral cannot be made moral through the use of secret law.”

He went on to say; “I believe in the principle declared at Nuremberg in 1945: “Individuals have international duties which transcend the national obligations of obedience. Therefore individual citizens have the duty to violate domestic laws to prevent crimes against peace and humanity from occurring.”

Accordingly, I did what I believed right and began a campaign to correct this wrongdoing. I did not seek to enrich myself. I did not seek to sell US secrets. I did not partner with any foreign government to guarantee my safety. Instead, I took what I knew to the public, so what affects all of us can be discussed by all of us in the light of day, and I asked the world for justice. That moral decision to tell the public about spying that affects all of us has been costly, but it was the right thing to do and I have no regrets.”

Snowden has followed Julian Assange, Bradley Manning, and General Cartwright, and a few others who have begun to take the risks to tell us all we should not tolerate any further expansion of this shadow government activity. I know some will attack me and this article, certainly. However, I would ask only one question. Are you comfortable with throwing away the Constitution? Are you comfortable with dismissing your rights and most importantly do you have that much faith in our governmental leaders to trust them without constitutional protections and transparency?

I think there is a 20% group who are, but the majority of us are not ready or willing to do so.  However, in the past, when we have witnessed a government reaching beyond the boundaries, like Germany under Hitler, or Russia, under Stalin, fear prevented the majority from standing up and when they did, it was always way beyond the time to do so without bloodshed.

This time around though, I honestly believe it is different.  We have watched Egypt, not once, but twice within a year take back the power from corrupt players in government. We watched Iceland as they took back their financial system and jailed the corrupt bankers and politicians.

There are military leaders and politicians, on a global basis, who have been seeing for quite some time that there is nothing in what they have been instructed to do for the people of the country that they think they are serving that benefits them in the long run. It is a matter of the truth coming forward without the fear that has caused so many to keep the secrets and not broadcast the truth to the masses. Now is the time to put it all into a perspective that is going to bring it all to a close. With that closure will come the stepping forward of the ones who have been awaiting their opportunity to step up and take on the responsibility of forming governments that will work with the people in the establishment of the governing energy that is with the people, not against them. It is a matter of the people finally having their voice in how their lives will benefit from the harmonious act of working together. No more false divisions based on race, religion, or gender. No more fear mongering to “rally the citizens”, such as the war on terror, the war on drugs, or the border wars. We just aren’t buying it anymore.

People are beginning to realize that the doors to freedom and self-empowerment are now swinging in a way that tells us it is time to take back our rights to live as we desire and intend for our lives and all of humanity. It is a matter of supporting the movement that is upon us and being able to stand in our power without the feeling that we are at risk. The image of the single man staring down a tank in Tiananmen Square comes to mind. He was simply saying out loud to the entire world, “I am no longer frightened or intimidated.” We all should feel this way. When we see someone else being intimated or harassed in this manner, no matter where they are in the world, we should all stand and say “no, this is not acceptable.”

tiannemen square tank guy

We should see in this moment that there is a new dawn breaking that represents the glowing light of freedom, and that casts its light on a new way of life for all of us. We now can reach all of us and talk with everyone in the world through the advances of social media and communications. It is no wonder, that these avenues are being so closely monitored.  It is a matter of walking in our strength and expressing our love for all of existence. The Love that we emanate is the lasting essence of all that takes place from this point on through our total awakening. As we all go forward in the next days, weeks and months let us realize that certain energies are in place in order to be able to step forth as we will be finding so many are doing. This is the time for the outward movement based on the inward knowing of how things have to change in all avenues of existence. Life is not about power or money, but freedom and tolerance. Life was not meant to be lived in paranoia, but pronoia. This truly is a new day beginning.

How “Bail-outs” and Bail-ins” Are Just a Huge Transfer of Wealth

In our continuing effort to educate even those who call themselves “experts” on the economy, we have to continue with the facts that the banksters, MSM, and dupes that call themselves legislators don’t want you to see or understand.  We have, in recent past articles, shown you just the facts about the bailouts and now the bail-ins going on in the EU for what they are, just a huge transfer of public wealth to the hands a few elites in banking and the central banking system.

As we watch the economy continue to falter, and jobs vanish, don’t you wonder where all the so-called QE monies really went that were meant to stimulate the economy? Here we are, 5 years into this so-called recovery and unemployment in the US is still 7.6% and only 47% of Americans hold full time jobs.  The number one employer is WalMart and the number two employer is Kelly Temp Services! In the EU, there is a 40% unemployment rate and people’s bank accounts are being raided without consent to supposedly prop up the banks (Bail-Ins). Government services are being slashed everywhere and still nothing seems to be improving.

Well, even though you are not supposed to understand this, let’s look at the Central Bank Practices and especially at the issue of banks’ reserves at the FED and other central banks in the world. This is a complex subject with much technical jargon that confuses a lot of people. Besides, don’t be surprised that your bank branch manager on Main Street as well as lecturers in finance and economics are also ignorant on this issue. In the case of the latter, this subject is hardly taught in universities. And this is the reason why the scam has not been exposed or understood. But, for those who have a basic idea of bank reserves and how this huge amount of “excess reserves” have been created by the FED, have you asked yourself, “Why have I not spotted this scam earlier?”

Many have been taken in by the propaganda that “excess reserves” is the means to encourage banks to extend credit (give out loans) to desperate borrowers who needed urgent funds to survive and to jump-start their businesses. This propaganda is grounded on the assumption that there is insufficient liquidity in the market. This assumption is misleading.

What are Excess Reserves? The latest figures obtained from the H.3 release from the Board of Governors of the Federal Reserve System (the FED) shows excess reserves of about $1.794 trillion (data as of April 17, 2013)! This level of excess reserves is unprecedented and is the highest since reserves were legislated as a requirement.

Excess reserves are the surplus of reserves against deposits and certain other liabilities that depository institutions (collectively referred to as “banks”) hold above the statutory amounts that the FED requires in accordance with the law. The general requirement is that banks maintain reserves at least equal to ten percent of liabilities payable on demand. There is now data to show that as much as 50% of these “excess reserves” are held for United States banking offices of foreign banks.

 

Let me elaborate. Banks receives deposits from their customers which are inter-alia placed in current accounts (checking accounts) or time deposits (fixed deposit accounts) and which the customer can at any time withdraw from the bank. But, banking practice shows that at any one time, only a small fraction of customers would withdraw their deposits in full. So, there was no need for banks to keep all the deposits in their vaults to meet such a demand for payment. Laws were enacted to allow banks to keep in reserve a small amount of monies to meet such demands. That being the case – if only 10% reserves is all that is required according to banking regulations to meet repayment demands, why should there be such a huge amount of reserves, beyond the legal requirement of 10%?

Understand the fact that when a customer deposits monies in a bank, he is in law a “creditor” (he has loaned the monies to the bank) and the bank is a “debtor” (and he can use the money in any way at his absolute discretion, even to speculate). This is because the ownership of the money has been transferred to the bank. The money is no longer the money of the customer. It now belongs to the bank. And as long as the bank is solvent, and there is a demand for repayment of the deposit, the law of contract stipulates that the bank must repay together with the agreed interest that has accrued.

silver-coins-bars

Now here is where, legally it gets interesting.. if at the time when demand for repayment is made, the bank is bankrupt (i.e. in a liquidation) then the depositor/customer in law is deemed an “unsecured creditor” and must join the queue of all unsecured creditors to share the proceeds of any remaining assets after all secured creditors have been paid. If there are no remaining assets, the depositors get zilch! That is why and as illustrated in the bank confiscation of deposits in Cyprus banks acting in concert with central banks can expropriate all customers’ deposits to pay their secured creditors. You catching on here?

How did the Excess Reserves balloon to a massive US$1.794 Trillion? The Fed’s overall balance sheet has expanded from about $909 billion before the crisis (i.e. before 2008) to about $3.3 trillion in 2013. Of the $2.4 trillion increase, approximately $1.8 trillion is excess reserves. Banks were up to their eyeballs in toxic assets (financial sewage) and they are drowning in this cesspool but for the rescue efforts of the FED and other central banks they would have sunk to the bottom of the cesspool.

The FED created trillions of money out of thin air by a digital entry in its books to purchase the toxic assets (financial sewage) in batches from the banks. The objective of QEs is to save the banks and to save the US Treasury from bankruptcy and not Joe Six-Pack. However, in this article we are focusing on the banks. So, let’s say that the banks HAVE OVER US$10 trillion of financial sewage AND WANT TO DISPOSE THEM WITHOUT AROUSING ANY ALARM.  The monies flowed from the FED to the banks to purchase the financial sewage. The financial sewage is sucked into the FED’s financial vacuum. However the monies are not channeled to the banks’ branches in Main Street to be loaned out to Joe Six-Pack. It is re-routed back to the FED as “reserves”. When the reserves exceed the minimum 10% requirement, the excess is classified as “excess reserves.” This is merely a book entry! And adding insult and injury to Joe Six-Pack, interest of 0.25% is paid on the reserves (i.e. giving profits to the banks).

The banks are allowed to survive in spite of their massive frauds and other financial hanky-pankey. The banks are allowed to use digital technology (e.g. high-frequency trading) to corner the market and destroy Joe-Six-Pack. But, Joe-Six-Pack has to suffer the indignity of unemployment, foreclosures, reduced unemployment benefits, surviving on food-stamps, and other austerity measures. Starting to see the picture here and how this crap is how we are being fleeced like passive little lambs?

“The money flows from the FED to the Too Big To Fail (TBTF) Banksters to Buy Toxic Assets, which is sucked in by the FED’s Financial Vacuum, thereby cleansing the TBTF banks’ balance sheets. The money is then re-routed back to the FED as “excess reserves”.

The FED create monies out of thin air to bail-out the Too Big To Fail banks (TBTF banks) by purchasing their financial sewage (valued at book value as opposed to mark-to-market i.e. instead of paying only 10 cents on the dollar or less, the FED pays dollar for dollar) thereby removing the financial sewage from the balance sheet of the TBTF banks to reflect a “healthier” balance sheet as there are now less financial sewage in the banking system. And, because the TBTF banks are suffering losses, the FED pays 0.25% interest on the “excess reserves” created so as to generate easy profits for the TBTF banks for doing nothing at all. They are earning profits merely from a book-entry in the FED’s books!

The propaganda which I referred to earlier that such monies were meant to enable the TBTF banks to extend credit is therefore bullshit and a load of financial nonsense. So why are the so-called reputable economists at leading universities such as Harvard, Princeton, Cambridge, Oxford etc. touting this propaganda?  In spite of all this past mismanagement, the practices by the TBTF banks is continuing unabated, including the so-called record profits declared by the TBTF banks and the huge bonuses given out to the bankers and their hire-lings. These practices are all just window dressing as long as the toxic assets are not marked-to-market and not declared as junk. If such assets are properly declared, the fiat money banking system would be staring at a bottomless black-hole of toxic assets and indebtedness! What’s worse is these same TBTF banks are still up to their eyeballs in toxic debt, such as derivatives, credit swaps, etc.  In fact JP Morgan Chase alone has exposure more than twice the US GDP! JPMC is exposed just in interest rate derivatives at $45 TRILLION. Take a look at the Fed’s H.8 report to understand how bad it really is.

This has compounded the problem. After the Global Financial Tsunami, all the TBTF banks don’t have enough reserves to meet the withdrawal of deposits placed by customers before the crash. The TBTF banks don’t even have the requisite 10% reserves to meet these demand deposits (Old Deposits).  However, banks are continuing to receive deposits from customers of which 10% of these deposits must be transferred to the FED as reserves. Data shows that customers’ deposits are at an all time high (since 2007), but bank lending is not keeping pace.

Banks are not lending out what they are entitled to do so for two reasons:

1) The banks are using a portion of the “New Deposits” to meet the liability of having to repay the “Old Deposits” in the system. This is because even the excess reserves (created under the QE) are insufficient to meet the demand for repayment of the Old Deposits. So, part of the current New Deposits would be utilized for that purpose. This is the Deposit Ponzi Scheme.

2) Banks are earning no risk profits from interests on “Excess Reserves” at the FED and are only willing to lend to credible borrowers. In the present economic climate, there are just too few credible customers. This is another reason why banks are not lending.

When QE stops, the FED would not be out on a limb because the monies used to purchase the financial sewage from the TBTF banks are still in the FED’s books. The Fed need only to have a reverse entry in it’s books after re-packaging the financial sewage INTO SOME NEW FORM OF FINANCIAL PRODUCT OR WHATEVER (which the TBTF banks are adept at doing before the crash and are still continuing to do so) and dumping them back to the banks and another generation of stupid investors at such time when and if the banks would have recovered. But with the TBTF banks continuing their same toxic practices unabated there is no recovery, ever. Further, with the bank’s unbridled right (sanctioned by law) to confiscate the customers’ deposits (now commonly referred as “Bail-In”) using the Cyprus template, banks have additional financial resources to continue with the plunder and financial rape of the public.

I hope this helps us understand that this unabated transfer of wealth ends with our economic enslavement. The public must be able to understand these fundamentals and demand the end to this fractional banking system and the end of the FED. Your congressmen and women are dupes in this game, as they really don’t understand and therefore do what they are told to do. Inform them WE GET IT and WE DON”T LIKE IT, AND IT MUST STOP NOW! Fire the Fed, break up the TBTF banks and return to pre-1913 banking system controlled by the US Treasury. WAKE UP!  A special thanks to Matthias Chang of Global Research, who unknowingly contributed so much to this article.

When A Coup is Really NOT a Coup ‘d’Etat

We have to be really careful these days to not let the media dictate our opinion.  Most media outlets are controlled by a very few and those few do not like independence of anyone. They are also very influenced by those in political control and are co-operative with their desires. What unfolded and is unfolding in Egypt is a very good example.

These same newspapers and media outlets are lamenting the fall of Egypt’s first democratically-elected president and charge that it was a coup and the military did not care about the sanctity of democratic institutions. However when the U.S. almost pulled off a coup in Venezuela more than a decade ago but was rebuffed by a vigilant and aware Venezuelan nation, there was no such condemnation of those actions.

Those who examine the facts on the ground and look at the short-lived rule of Morsi and Muslim Brotherhood with a critical eye know that this was far from a coup. Anger against Morsi’s leadership was building up to a tipping point and far-seeing analysts saw this coming. The important factor to remember here is that the military alone can’t get tens of millions Egyptians onto the streets to remove a president they don’t like.  33,000,000 Egyptians took to the streets in peaceful but forceful demonstrations, 33,000,000! Military leaders were responding to events and the force of public opinion. Was the military happy to nudge the protests along and see the Muslim Brotherhood suffer a defeat? Yes, but the unpopularity of Morsi and the Muslim Broterhood was their own doing. This is the bigger picture that many in the media are missing, or neglecting to tell you.

Morsi

Morsi was doing unpopular things and damaging the reputation of Egypt by calling for a holy war in Syria against Assad and threatening an unnecessary war against Ethiopia over a Dam Project. Many people believe the dispute over the Nile is resolvable through negotiations, including the late Ethiopian Prime Minister Meles Zenawi.  If Morsi and the Muslim Brotherhood had remained in power, Egypt might have been dragged into two wars. So the question that should be asked in this instance is not whether an action is good for democracy but whether it is good for the country. Keeping Morsi in power any longer would’ve hurt Egypt, and for many Egyptians their country is more valuable and sacred than the concept of democracy.

Morsi’s opponents said he was responsible for the disastrous economic situation of the country and called him an authoritarian ruler. Morsi also broke his numerous promises about the ratification of the new constitution, his endless battle with the army generals and the judges of the judiciary continued unabated, and the establishment of a democratic and powerful Egypt remained an out-of-reach goal. A number of challenges, such as the rise of extremists and Salafists and the pressure imposed by Western and regional governments, which were trying to force Morsi to act in line with their interests in the new system, exacerbated the problems of Egypt’s first post-revolutionary government. This provided an opportunity for opposition groups — including the liberals, the secularists, Sunni Muslims outside of the ruling Muslim Brotherhood party, and religious minority groups — to unite against Morsi and start the Tamarrud (rebel) movement.

Egyptian protests

The day top generals met Mohamed Morsi, the country’s first democratically elected president, and spoke bluntly, telling the Islamist leader what he should say in a major speech he planned as protests against him intensified around the country. “We told him it has to be short, respond to opposition demands to form a coalition government, amend the constitution and set a timeframe for the two actions,” an officer present in the room told Reuters. “Yet he came out with a very long speech that said nothing. That is when we knew he had no intention of fixing the situation, and we had to prepare for Plan B.”

As tensions rose over the following days, Morsi remained defiant. In a final telephone conversation with armed forces commander General Abdel Fattah al-Sisi on the Wednesday before his confinement, the president laughed and made light of mass demonstrations against him, a military source said. “He just didn’t believe what was going on,” the source familiar with Sisi’s contacts said. Any hope that the bearded, bespectacled Morsi would call a referendum on his own future or go quietly, had evaporated.

A country should be led by its best men in a crisis and Morsi proved through his actions that he did not belong in high office. It took less than a year for the Egyptian people to recognize Morsi’s failings as a leader and they acted quickly to preserve their country.  Morsi was not “ousted” by the military; he was overthrown by his people with the helpful aid of the military.

What we really should understand from this Egyptian experience, though it may be hard to believe in these cynical times, is that indeed popular mass protests can lead to unforeseen political change. Those leaders who have understood this have fared much better in resolving issues and staying in power.

Brazil’s leadership responded quickly to the massive protests by promising to dedicate the country’s oil wealth to education, health, and other government services. Erdogan and the current Turkish leadership only managed to survive because they have a sizable electoral base and they are managing a delicate peace process with its Kurdish minority so the protest movement was not as large as it could have been. Also, Turkey’s most powerful military critics are imprisoned.

Public opinion is not always the decisive factor in shaping political events, especially in a society used to a military dictatorship like Egypt, but angering tens of millions of Egyptians in a very short span as Morsi did surely didn’t help his cause against the military in his last hours.  The lesson here is that the people, when they unite, do have power to change the course of political events. It has always been so, when people wake up and claim their sovereign power. The political leaders in the EU and the US should pay close attention. 40% unemployment by the 18-25 group, raiding people’s retirement accounts without consent, and failing to respond to persistent unemployment and social safety nets, while playing just to corporate and banking interests will come back to haunt, there is no doubt about that in the long run.