This is really important information for EVERYONE to pay attention to. It is time for everyone to wake up because all of our lives are at stake, and it is not because of some virus . It is because of the manipulators behind the curtain:
According to the New York Times columnist and Nobel Prize laureate, you know what would end the economic slump in 18 months? Aliens.
Paul Krugman probably feels like an alien himself these days, considering Washington is completely ignoring his unwavering arguments for more fiscal stimulus as President Obama and Congressional Republicans try to out-deficit-reduce each other. So maybe that’s why Krugman has aliens on the brain.
While talking off the cuff on Fareed Zakaria’s GPS program (Zakaria is also a TIME Magazine contributor), Krugman conjectured about what would happen if aliens landed on earth and attacked us.
“If we discovered that space aliens were planning to attack, and we needed a massive build-up to counter the space alien threat, and inflation and budget deficits took secondary place to that, this slump would be over in 18 months,” Krugman says, referencing an episode of The Twilight Show in which an alien threat was manufactured to bring about world peace.
While Krugman is obviously using the idea as a provocative thought experiment, there’s a serious argument behind it, which boils down to the government gaining the incentive to raise taxes so it could build war-fighting materials, much like the U.S. did during World War II when tax rates were astronomical. The war was the single biggest factor in finally helping the U.S. dig out of the Great Depression, largely because it generated jobs and exports.
But the way most people seem to feel these days, aliens have been in Washington for some time. They just don’t appear to be helping matters much.
A growing number of groups in US states are preparing protests against the lockdowns on May 1.
I’ve found two sites that are publishing information on the protests.
Check out your state and see what’s upcoming.
As far as I can tell, this is not a top-down single-leader movement. It’s a state by state proposition. That would be a good thing. Groups in each state should run their own operations.
Here is a quote from American Revolution 2.0:
“Governor Executive Orders violate the United States Constitution and negate the responsibility of individual citizens for their ‘Life, Liberty, and Pursuit of Happiness’. The precedent set by removing these Constitutional Rights is staggering and to date unheard of.”
Of course, agencies like the CDC and the World Health Organization appoint themselves the “new global governance.” Their job is painting as bleak a picture as possible, making it seem that, without their top-down control, the population of Earth would be decimated.
This is always the way of tyrants. How else can they justify their criminal actions?
The endless invention of enemies is a strategy as old as the hills.
Peace and prosperity are stakes through the hearts of vampires.
For the CDC and WHO and Bill Gates, the idea that someone somewhere might be living free and healthy on his own accord…THAT to them is the virus which must be conquered.
To accomplish this victory, they enlist the help of public and private meddlers and gossipers and snitches and censors, whose only thrill in life is finding “rule-breakers.” Therefore, the more rules the better.
The culture of society is becoming more infantile every day—wash your hands, wash them again, don’t touch your face, stay indoors, wear a mask, wear gloves, stand six feet apart, wait in line, don’t breathe on your neighbor, be polite, watch TV for marching orders—but those people who still understand what freedom means are under no obligation to cater to that “culture.”
Lowest common denominator is not a principle contained in the Constitution. In fact, wherever the principle is found, it’s a cover for dictatorship. For example, the ubiquitous “we’re all in this together” is a massage for the brainless.
Translation: “You’re all one giant cheese glob, and we, the World Health Organization, with Bill Gates money, are pressing the two pieces of toast together and making the sandwich.”
State by state, the protests against unconstitutional insanity are scheduled for May 1.
OPEN THE STATES. GO BACK TO WORK. TURN ON THE ECONOMY.
By Matt Agorist | Activist Post
After years of giveaways to megabanks, marketed to the taxpayers as ‘quantitative easing,’ the crutches shoved under the banker-controlled global stock trade are about to snap. Bankers now say they are preparing for the collapse.
In June of 2015, former Congressman Ron Paul predicted that these crutches would fail, and the financial bubbles created by them would send the stock market into a free-fall.
The consequences will not be minor. Surprises will be many, since we are in uncertain waters and the world has never faced the gross misallocation of capital that exists today. The process is self-limiting. It will come to an end, and it’s not going to be far into the future.
Now, as chaos in the EU and weak corporate earnings create a tornado of uncertainty, banks are preparing for the worst.
According to CNBC quoting a major lender, banks are “preparing for an economic nuclear winter situation.”
The chaos in the market has major bank officials running for the hills. According to CNBC, European banks, in particular, have had a very tough six months as the shock and volatility around Brexit sent banking stocks south. Major European banks like Deutsche Bank and Credit Suisse saw their shares in free-fall after the referendum’s results were announced. In the U.K., RBS was the worst-hit, with its shares plunging by more than 30 percent since June 24.
On Sunday, a source, speaking on the condition of anonymity, due to the fact that revealing this information can get bankers killed, a source from a major investment bank told CNBC “that financial services firms have put together a strategy in place that takes into account the worst-case scenario that could happen by the end of this year.”
“This could mean triggering Article 50, referendum in other European nations leading to a break-up of the euro or sterling hitting below $1.20 or lower. The banks are ready for anything now,” the source said.
This grim warning comes after the Royal Bank of Scotland has warned its investors of a “cataclysmic year.” In an eerily ominous note to its clients early this year, the megabank predicted another worse case scenario.
Sell everything except high quality bonds. This is about return of capital, not return on capital. In a crowded hall, exit doors are small.
In the note, RBS’s credit chief Andrew Roberts told investors how Quantitative Easing has failed and was expected to fail.
We have been told for 7 years now since the credit crunch, under QE, to borrow money and invest it in one of 3 things: 1) EM 2) credit 3) global equities. This is a big picture, multi-year bet that has been taken, which has worked fine, and stopped working 10 months ago, (this is NOT NEW).
As the Guardian’s Larry Elliott points out:
Markets have been supported for some time by low-interest rates, stimulus measures from central banks including quantitative easing, and hopes of economic recovery. But with the Federal Reserve raising rates and the Bank of England expected to follow suit, that prop is being removed.
Those who pay attention to the effects of central bankers looting their respective countries have long pointed out the mathematical certainty that is an economic collapse.
The collapse of global markets is inevitable as it is a natural correction to the wholesale fleecing of the citizens through the unscrupulous actions of central banks.
Ron Paul sums up the situation perfectly:
The credit and new money, when created by a central bank, is delivered to the market in a political fashion for which the one percent receive special benefits. It allows the pyramiding of debt to fractional reserve banking, which compounds the long-term problems.
It may be fun while it lasts, but it always ends with a crash.
Bonds & Bullion are manically bid overnight as the last 5 days of complacent risk-on exuberance has collapsed into a worst-case-scenario “Brexit” raising doubts about the EU’s sustability and dragging central bank experimental ideas into farce…
This is the biggest spike in gold in 7 years back to 27-month highs…
and bonds are screaming to record highs…
As 30Y yields near record lows…
Twelve years ago, John Perkins published his book, Confessions of an Economic Hit Man, and it rapidly rose up The New York Times’ best-seller list. In it, Perkins describes his career convincing heads of state to adopt economic policies that impoverished their countries and undermined democratic institutions. These policies helped to enrich tiny, local elite groups while padding the pockets of U.S.-based transnational corporations.
I couldn’t help but think about Flint, Michigan, under emergency management as I read The New Confessions of an Economic Hit Man.
Perkins was recruited, he says, by the National Security Agency (NSA), but he worked for a private consulting company. His job as an undertrained, overpaid economist was to generate reports that justified lucrative contracts for U.S. corporations, while plunging vulnerable nations into debt. Countries that didn’t cooperate saw the screws tightened on their economies. In Chile, for example, President Richard Nixon famously called on the CIA to “make the economy scream” to undermine the prospects of the democratically elected president, Salvador Allende.
If economic pressure and threats didn’t work, Perkins says, the jackals were called to either overthrow or assassinate the noncompliant heads of state. That is, indeed, what happened to Allende, with the backing of the CIA.
Perkins’ book has been controversial, and some have disputed some of his claims, including, for example, that the NSA was involved in activities beyond code making and breaking.
Perkins has just reissued his book with major updates. The basic premise of the book remains the same, but the update shows how the economic hit man approach has evolved in the last 12 years. Among other things, U.S. cities are now on the target list. The combination of debt, enforced austerity, underinvestment, privatization, and the undermining of democratically elected governments is now happening here.
I couldn’t help but think about Flint, Michigan, under emergency management as I read The New Confessions of an Economic Hit Man.
I interviewed Perkins at his home in the Seattle area. In addition to being a recovering economic hit man, he is a grandfather and a founder and board member of Dream Change and The Pachamama Alliance, organizations that work for “a world that future generations will want to inherit.”
Now that a major global recession has begun, you would expect major retailers like Wal-Mart to run into trouble as consumer spending dries up, and that is precisely what is happening. On Wednesday, shares of Wal-Mart experienced their largest single day decline in 27 years after an extremely disappointing earnings projection was released. The stock was down about 10 percent, which represented the biggest plunge since January 1988. Over 21 billion dollars in shareholder wealth was wiped out on Wednesday, and this was just the continuation of a very bad year for Wal-Mart stockholders. Overall, shares had already declined by 22 percent so far in 2015 before we even got to Wednesday. Here is more on this stunning turn of events from Bloomberg…
Wal-Mart Stores Inc. suffered its worst stock decline in more than 27 years after predicting a drop in annual profit, underscoring the giant retailer’s struggles to reignite growth.
Earnings will decrease 6 percent to 12 percent in fiscal 2017, which ends in January of that year, the Bentonville, Arkansas-based company said at its investor day on Wednesday. Analysts had estimated a gain of 4 percent on average, according to data compiled by Bloomberg.
If it was just Wal-Mart that was having trouble, that would be bad enough. But the truth is that signs that the U.S. economy has entered another major downturn are popping up all around us. Just consider the following list of economic indicators that Graham Summers recently put out…
The Fed has now kept interest rates at zero for 81 months.
This is the longest period in the history of the Fed’s existence, lasting longer than even the 1938-1942 period of ZIRP.
And the US economy is moving back into recession. Consider that…
1) Industrial production fell five months straight in the first half of 2015. This has never happened outside of a recession.
2) Merchant Wholesalers’ Sales are in recession territory.
3) The Empire Manufacturing Survey is in recession territory.
4) All four of the Fed’s September Purchasing Manager Index (PMI) readings (Philadelphia, New York, Richmond, and Kansas City) came in at readings of sub-zero. This usually happens when you are already 4-5 months into a recession. (H/T Bill Hester)
Another huge red flag is the fact that month after month fewer products are being shipped around the country compared to last year.
If less stuff is being shipped around by truck, rail and air, is it a sign that the economy is getting better or is it a sign that the economy is getting worse?
The answer, of course, is self-evident. With that in mind, please read the following excerpt which comes from a recent article by Wolf Richter…
It has been crummy all year: With the exception of January and February, the shipping volume has been lower year-over-year every month!
The index is broad. It tracks data from shippers, no matter what carrier they choose, whether truck, rail, or air, and includes carriers like FedEx and UPS.
Evidence keeps piling up in the most unpleasant manner that something isn’t quite right in the real economy. The world is now in an inexplicable slowdown – “inexplicable” for central bankers who’ve cut interest rates to zero or below zero years ago, and who’re still dousing some economies with QE even as governments are running up big deficits. And yet, despite seven years of this huge monetary and fiscal stimulus, the global economy is deteriorating.
Okay, so is there anyone out there that still believes that the U.S. economy is in good shape?
The Obama administration will probably not admit it for a very long time, but the truth is that the numbers very clearly tell us that we are in a recession.
Anybody out there, whether an “expert” or just someone you happen to know, that tells you that everything is just fine is either completely ignorant or they are purposely lying to you.
And just like in 2008, state and local governments are starting to get into tremendous financial trouble as the real economy sputters. For example, the governor of Illinois has told reporters that “we are out of money now” and that pension fund payments will be delayed as a result…
Illinois will delay payments to its pension fund as a prolonged budget impasse causes a cash shortage, Comptroller Leslie Geissler Munger said.
The spending standoff between Republican Governor Bruce Rauner and Democratic legislative leaders has extended into its fourth month with no signs of ending. Munger said her office will postpone a $560 million retirement-fund payment next month, and may make the December contribution late.
“This decision is choosing the least of a number of bad options,” Munger told reporters in Chicago on Wednesday. “For all intents and purposes, we are out of money now.”
When these sorts of things started happening in 2008, Fed Chairman Ben Bernanke and the Bush administration went into full-blown denial mode. They kept telling all of us not to worry and that everything would be okay, and that just made things worse in the end.
The same thing is happening now. The Obama administration and the mainstream media keep talking about an “economic recovery” even in the face of numbers such as I have discussed in this article.
Perhaps things are going well for you personally at the moment, and that is great. But now is not the time to buy lots of new toys. Nor is it the time to accumulate more debt.
Instead, now is a time to position yourself for a period of difficulty that could stretch on for years.
The next recession is here, and it is going to grow progressively worse.
The wise will take heed and make preparations, but the foolish will just keep on doing what they have been doing until it is far too late.
Is it Time for a New Monetary System?
And therein lies the actual problem.
The fundamental problem the human species faces today is the current monetary system. I submit that only by completely revamping the monetary system will we be successful as a species.
Currently the monetary system is controlled by a “for profit” Central Banking system. The major problem with this system is the idea of profit itself. Profit means “to obtain a financial advantage or benefit”. Unlike barter, the concept of profit necessitates a winner and a loser in any transaction. Most people are not aware that the current monetary system is a for profit system designed to create wealth and power for those that control the system, just as one would profit from the oil or manufacturing industry. Central banking is the business of controlling the monetary system to enrich only those that wield control of the system.
“Give me control of a nation’s money and I care not who makes its laws” ~ Mayer Amschel Bauer Rothschild
The business of banking rests on two pillars. One is foreclosure, the other is usury, or more commonly called interest.
When a man or company or Government takes a “loan” from a bank, the bank actually creates a new digital entry into the system under the borrower’s associated account. It is imperative to understand that this is a digital entry for new “never before been in existence” digital currency.
Regarding the business of foreclosure, if the “borrower” never pays the “loan” back, the bank can foreclose on an outstanding “loan” and then gains control of a tangible asset like a car or a property. Yet the fact is that the bank never risked anything to begin with. The digital currency created at the time of the “loan” is not a tangible thing. It doesn’t exist. It’s like getting the “blessing” of the Bank to go and purchase something. This is a simplification of the system but it is basically a correct understanding. This scheme has worked like a charm for them…
“They will be stripped of their rights and given a commercial value designed to make us a profit and they will be non the wiser, for not one man in a million could ever figure our plans and, if by accident one or two would figure it out, we have in our arsenal plausible deniability”. ~ Edward Mandell House
Regarding the business of usury, whenever a “loan” of non-existent currency is created there is also an interest charge built into the contract. When the borrower pays back the “loan” they are also required to pay back an interest charge that is over and above the newly created currency. The point to understand here is that the interest due was not created along with the new digital currency and thus a shortfall of currency is actually built into the system. Thus bankruptcy is a fundamental component of the current monetary system because there is always a shortage of currency. If every dollar of debt in existence today were to be paid back right now, all the interest would still be outstanding. This is the mathematical formula that has been used for centuries in order to steal tangible wealth from the actual creators of that wealth.
“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
Having said all that, you might be intrigued and start to gain the understanding that only the bankers can win, but you might also say “so what”? People should be able to profit, after all, profit is the motivating factor in our world.
I submit that the concept of profit is the fundamental core of what is destroying the human species. If a larger, stronger man takes control of another man and subjugates him simply because he can, that is tyranny, and we as a species have evolved to see that this ethically wrong. Now we as a species have to evolve our understanding of the current monetary system to see that we are being subjugated into continuing to propagate the greatest control mechanism ever developed on this planet.
Let’s play the “If” game for a second.
If profit was taken out of the equation; do you think that cancer would still be a major threat to our species?
If profit was not a requirement; do you think that we would be using oil as the fundamental energy source used throughout the world today?
If the concept of profit was not in the human consciousness; do you think that “health” centres would ever refuse to treat the ill? Or actual cures for diseases would be shelved by Big Pharma?
If profit was not the driving factor of agriculture; do you think that we could easily feed the population of the world?
If everyone on the planet never had to worry about shelter or having enough food to eat or clothes to wear, would having more than you need be a consideration?
The concept of “profit” is what is holding us back as a species. We have been indoctrinated into a short term “take what we can NOW” philosophy that is based on the fallacy of continuous growthand competition. I submit that we would be far better off if we forged our future by cultivating the creative use of our finite resources using a co-operative intellectual methodology.
Study after study has shown that the world’s hunger and housing problems could be solved very quickly if a certain amount of money where to be thrown at those two problems. Studies show ending world hunger would cost around 30 billion dollars per year (vs $684 billion for the 2010 U.S. military budget). The fact that we as a species have not eliminated hunger proves that this problem is actually being facilitated. Is that acceptable to you? If it is, then all of us (but the few of the elite at the top of the control pyramid) are doomed.
Profit stifles as much creativity as it generates. Just look at the alternate technologies that have been suppressed because they would have upset the current paradigm, technology such as almost free and truly sustainable energy and anti-gravity devices. If either of these technologies ever went main stream the oil economy would take a huge hit and there would be an immediate shift in the controlling power structure.
The concept of profit is the paradigm that must be shed in order for us to move forward as a compassionate, free and intelligent species. It is the concept of profit that is the shovel we use to dig our own graves.
“Problems are best solved not on the level where they appear to occur but on the next level above them….Problems are best solved by transcending them and looking at them from a higher viewpoint. At the higher level, the problems automatically resolve themselves because of that shift in point of view, or one might see there was no problem at all.” ~David R. Hawkins
Abandoning just one concept, the concept of profit and our species will thrive for centuries to come.
About the Author
Rod Morin operates Barrie Tai Chi & Qigong studio in Barrie, Ontario, Canada, focusing on Yang-style Tai Chi, Taiji Qigong and Ziran Qigong. Rod has taught hundreds of students basic tai chi and energy work while striving to incorporate the profound teachings of taiji philosophy into his daily life. Please visit his website at www.barrietaichi.com.
For more ideas and a potential solution to economic subjugation, please visit Secodnary Money System.
– David R. Hawkins. 2009. Healing and Recovery. Sedona, AZ; Veritas Publishing, p. 176.
This article is offered under Creative Commons license. It’s okay to republish it anywhere as long as attribution bio is included and all links remain intact.
Whistleblower: Federal Reserve “Highly Alarmed” After Modeling Shows Bitcoin Conquering Dollar by 2021
According to an alleged whistleblower’s post on Reddit, Fed governors were “highly alarmed” by internal economic modeling that showed Bitcoin has the potential to completely displace the dollar by as early as 2021 (which they called “worst case”).
The whistleblower, who currently remains anonymous, claims to work for the Federal Reserve as a researcher who was tasked with doing “econometrics and related modeling” for Bitcoin.
The Dirty: We were directed to upgrade our modeling of bitcoin from developing currency to a major currency. In addition to all of the common modeling and forecasting that task entails, we were instructed to do full simulations of money flows, interest rates, multi currency derivative baskets, risk metrics, and their effects on global macro monetary policy and trade agreements. What we found was shocking. Even with a mediocre adoption rate and variable growth rate, bitcoin severely disrupts how we model, forecast, and ultimately understand currency interactions to make monetary policy decisions. This is a huge technological, monetary, and policy disruption which leaves the Fed, the US govt, and other entities with much less control.
Our best case scenarios are modeled upon current bitcoin adoption rates which have simulated a tipping point for the year 2026 (worst case 2021); this time frame projects the Fed (via the dollar) to lose its dominant global monetary policy maker status – instead everything will superseded by bitcoin.
I presented this updated report along with all of our modeling work and simulation outputs which were statistically and independently verified to the Board of Governors. The Board was highly alarmed and interrogated me and my fellow researchers in a 3 day session trying to understand every point of our research. It must be remembered that unlike politicians, the Board of Governors is a very well educated and empirical group with an ability to conceptually grasp complicated research.
The ramifications of this internal analysis could be huge. Pressed by the Reddit community to verify his claims, he is said to be working with journalists to release proof or his employment and of the report itself
Bitcoin: The Technology That Could Phase Out the Fiat Central Banking System and Free Humanity From Debt Slavery
Flickr Commons: Image provided by Antana
Every decade or so, a group of like-minded people will invent something so revolutionary that it will change our life and how the world operates. The last time something that incredible happened was during the invention of the internet. Fast forward to 2014 and we are living in a time when incredible changes are occurring so fast that they are happening right in front of our eyes. Whether we are aware of these great changes or not, they will alter how we view our financial, religious, educational and political systems. One of them is known as the Bitcoin Revolution
In 2008, Satoshi Nakamoto published a research paper on cryptography that sparked the movement of Bitcoin. He stated that he found a way to create a decentralized network that can achieve consensus or agreement without the use of central authority systems, such as a central bank. Before he published his work, no one has been able to solve the byzantine generals problem, which was the obstacle that was preventing a decentralized network to achieve consensus.
I first heard of Bitcoin in early 2013, but I decided not to investigate it and brush it aside. Big mistake! Why? Because Bitcoin is one of the signs that I have been waiting for many years. Bitcoin isn’t just a digital currency. More importantly, it’s a cryptography technology that has amazing potential. If used correctly, it could phase out the central fiat banking system and free us from debt slavery! Bitcoin can do this because it’s an open source technology that isn’t controlled by anyone, just like the internet. However, certain greedy and controlling wealthy elites will try to control it, but the chance of them succeeding is slim.
Who controls the current central banking system?
The people who control most of the central banking systems of the world are part of a secret organization known as the New World Order (NWO). This organization is made of many different groups of secret societies. Fortunately, not everyone who is a part of the NWO supports its dark agendas. The controlling groups of the NWO need a highly controlled system to survive, which is why they love the fiat central banking system. This banking system is the main entity that allows them to steal our wealth through inflation and enslave us through debt. It also gives them the power to bribe politicians into supporting their phony wars and dark agendas.
Since the current centralized financial and political systems are heavily controlled by controlling factions of secret societies, if we want to achieve success or accomplish our goals, we have to overcome many of the obstacles set in place by them. For example, to make it big in the entertainment industry in the current state of our society, you need to sign a contract with major media companies. The problem is that they are mostly owned by secret societies; therefore, if you want to succeed, you will have to become their puppet. This is why most famous celebrities are tools of the NWO. If you want strong evidence of this, read this empowering article.
The dark forces or NWO can’t thrive in a society that uses peer to peer cryptography technologies in a responsible way. As more of these systems emerge, the dark forces will lose more of their controlling power, because these systems don’t rely on a centralized system to operate. These decentralized system will also motivate us to become more responsible. As we become more responsible, the NWO will have a harder time controlling us. It’s hard to control a responsible society that doesn’t rely heavily on controlling systems, such as a centralized government that answers to corporations and banking elites. Once the controlling systems of the NWO phase out, it will become a lot easier for us to achieve success and accomplish our goals.
The cons of Bitcoin
The cryptography technology that Bitcoin is based on is so revolutionary that if used correctly, it could help establish world peace and stop poverty. However, in the wrong hands, it could do the opposite. Fortunately, it’s hard to control a technology that is powered by the people, which is why the dark forces will have a hard time winning this battle.
Like the internet, some people will use Bitcoin for negative purposes, but it’s only a small percentage so they shouldn’t be able to disrupt the Bitcoin Revolution. A lot of people who hack computers to steal personal information are employed by certain controlling factions of governments; therefore, without large centralized entities to support them, a lot of these people won’t have the funds to support them to continue their work. In addition, cryptography technology is nearly impossible to decode.
Cryptocurrency, such as Bitcoin still has a lot of evolving to do, just like how the internet had to go through a lot of tweaking before it became reliable and useful. Even though it is still in its early stage, cryptocurrency is already more secure and has more potential than credit cards or any other digital currency. Remember, Bitcoin is a technology that utilizes the awesome power of cryptography to create pretty much any digital system, including but not limited to digital currency and stock programs.
As Bitcoin evolves, it will become harder and harder for corporations and centralized governments to control it, just like the internet. If we, the people, can unite and support cryptocurrency, we can help create a world where we can compete with big corporations and the elites, because it levels the playing field by shifting financial power back to the people.
Benefits of Bitcoin
- No third party
- Decentralized (no bank and government control)
- Super secure (more secure than credit cards)
- Central banks can’t manipulate or destroy its value through printing fiat money
- Very little fees
For more information on Bitcoin, visit Bitcoin.org.
Check out these videos also for more information: