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ponzi-scheme-460

by Isaac Davis

The economy is collapsing and the stock market is crashing… again. Is this crash the big one, or is it just another hiccup on the slow road to certain doom? Should we stampede, or should we continue to graze?

“The bubbles must continue until morale improves.”Max Keiser

For those who’ve shouldered the responsibility of understanding how our government and economy truly work, this new, latest economic collapse, is not in any way unexpected, but rather a predictable certainty in a long train of abuses by government and Wall Street. You see, the economic system is designed to fail. Collapse is in its DNA.

At its core, our fiat-based, reserve-currency, derivates-driven, interest rate-manipulated economy is a criminal enterprise that is explicitly designed to fail at offering human kind an equitable, just and common-sensical way to facilitate exchange. However, it is very well designed to transfer wealth from the middle class to the wealthiest of the world’s elite in crisis after financial crisis until the whole thing collapses. It is engineered to implode.

To most, it may appear to be failing, but in reality, the crash of the stock market and the instant vaporization of trillions of fiat dollars of wealth is a built-in feature of the greatest heist in human history. The economy is a Ponzi scheme; a well-known, very calculated method of extracting wealth from others. It can be done on a small scale, or it can be scaled up to rob entire nations, entire civilizations even, or, as we see developing right now, perhaps even an entire planet’s worth of wealth.

For simplicity, here’s how Wikipedia defines it:

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator.” [1]

In other words, to play the game you pitch in money and then tell other people to play the game with you. When enough new people pitch in, the earlier people are paid out with money pitched in by the newer people, and everyone is then told that the company is a great success, the evidence for this being that people are getting paid. More people buy in in order to be part of the success, and the scheme metsastizes.

An Italian criminal born in 1882, Charles Ponzi is the sub-genious of the Ponzi scheme. His story is an exaggerated version of the typical ‘crime doesn’t pay,’ tale, where a crafty criminal dies penniless after winning big, losing big, and spending much of his life in jail. The allure of living in luxury with quick money taken from others is too great a prize for some:

“In the 1920’s, Ponzi promised investors a whopping 50% return in 45 days, or 100% in 90 days on of all things, international postal coupons, which he never actually purchased. He earned $15 million and became a millionaire in only six months. When Ponzi was caught one year later, investors received a mere $5 million back. He was charged with 86 counts of mail fraud and sentenced to 5 years. During his time in federal prison, he was prosecuted again in Massachusetts, but Ponzi claimed double jeopardy and his case went to the Supreme Court. He was then sentenced to seven to nine years in state prison. After Ponzi was released, he launched another scheme, where he sold real estate that was literally underwater. Not surprisingly, the namesake schemer was jailed yet again, and ultimately died penniless in Brazil, working as a translator.” [2]

In recent years Wall Street billionaire Bernie Madoff conned $65 or so billion dollars from investors in what is the largest Ponzi scheme on record to date, although that does not figure into account that the global economy itself is a Ponzi scheme, a tremendous fake.

In a scam like this, there is never any value created by the company, there is no legitimate product or service, and there is no legitimate profit. When new people stop signing up, or too many people want out at the same time, the money flow seizes up and the enusing crash exposes the scam for what it was… theft.

“To avoid having too many investors reclaim their “profits,” Ponzi schemes encourage them to stay in the game and earn even more money. The “investing strategies” used are vague and/or secretive, which schemers claim is to protect their business. Then all they need to do is tell investors how much they are making periodically, without actually providing any real returns.” [3]

The art and craft involved in managing a good Ponzi scheme is in how well the perpetrators can position themselves for the inevitable crash and bust before it actually happens.

READ: The Gods of Money

While things are going relatively well for all in the economy, the financial elite spend their time and money buying up land, industry, war materials, yachts and anything else you can imagine. When the economy finally cracks completely, they are prepared to survive, and perhaps hoping to usher in a new world, maybe of the kind envisioned by the Georgia Guidestones

Financial analyst Max Keiser has for a long time been one of the most rabid voices exposing the financial criminals who are working to plunder and pillage human race. Here he explains a Ponzi scheme in the context of modern derivatives banking and what would happen to many of the world’s major banks if the market manipulation ceased and our economy was given the chance to function without the interference of criminals.

So, is this crash the big one? It could be. It might be. Time will tell, but the con-artists behind the magic curtain are out of tricks to keep all of this afloat for very much longer. Quantitative easing doesn’t even work anymore, so who knows what tricks the central bankers will try to pull out of their sleeves. Better be prepared for it at some point, anyhow.

Fortunately, though, many people around this world are moving into more sustainable ways of living, more sustainable ways of being, and more equitable ways of trading with one another. At the same time, many people are waking up to the realization that the corruption in the economy is the cornerstone of ‘the matrix‘ and must go. Something major must change in our culture, and while the spectre of economic collapse is frightening, it is also a sign that a major opportunity for the liberation of human kind is close at hand.

In the mean time, we are being scammed, and Charles Ponzi would be proud of the work he’s inspired.

Read more articles from Isaac Davis.

Sources:

[1] – https://en.wikipedia.org/wiki/Ponzi_scheme

[2] – http://www.therichest.com/rich-list/nation/10-of-the-biggest-ponzi-schemes-in-history/

[3] – http://www.businessinsider.com/how-bernie-madoffs-ponzi-scheme-worked-2014-7#ixzz3jq9s15Jc

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About the Author

Isaac Davis is an outspoken advocate of liberty and an honest society from the top down. He is a contributing writer for WakingTimes.com. Follow him on Facebook, here.

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There is much the ancient world can teach us. One of the key lessons is that mass migration – motivated by war, societal collapse, and/or extreme poverty – is capable of destroying even the most powerful of empires.

At its height the Roman Empire was so vast and powerful it was run on the basis of the dictum: “Roma locuta est. Causa finita est” (Rome has spoken. The cause has finished).

The names of its most powerful figures are as familiar to us as our own – Pompey, Caesar, Augustus, Nero, Hadrian, Vespasian, Constantine – men whose rule over the ancient world was so dominant that the only threat they faced came from within Rome itself. Indeed, it would have been the very definition of insanity to claim that an empire stretching from the Italian peninsula all the way across Western Europe and down into North Africa and the Middle East, enforced by legions whose very presence in the field of battle induced terror in any army unwise enough to challenge its writ.

Yet in 476CE what was then known as the Western Roman Empire came to an end after a century of successive barbarian invasions finally succeeded in bringing Rome to its knees. The symbols of its power – in the form of the emperor’s imperial vestments, diadem, and purple cloak – were sent to Constantinople, the seat of power of the eastern half of the empire, to bring the curtain down on its 1000-year history. It was proof that no empire, regardless of its economic and military power, lasts forever.

Rome’s demise had been a long time coming; the contradictions of an empire run on the basis of slavery, tribute, and plunder were so great it was inevitable they would become insurmountable in time. Under Rome’s rule millions lived in poverty and squalor, supporting an elite whose wealth and ostentation was obscene and increasingly untenable.

Any economic system that operates on the basis of coercion, domination, and super exploitation gives rise to resistance. This in turn leads to more force, more military power, having to be deployed to maintain the status quo. However this can only succeed in fomenting further resistance and with it destabilization, which in turn acts as a catalyst for the mass movement of people seeking sanctuary from the chaos that results.

This, in sum, is what brought down the Roman Empire. Moreover, it is a process the early stages of which are evident today with a growing migration crisis that is starting to chip away at the foundations of Western hegemony.

Both in Europe and the United States the issue of immigration and migration has already succeeded in producing a sense of panic within governments and the political classes, to the point where political formations, parties, and movements have come to the fore in direct response to it.

In the US the billionaire real estate mogul, Donald Trump, is riding high in the polls as the most likely to win the Republican nomination for the US presidential elections in 2016. He has vowed to build a wall “greater than the Chinese Wall” along the US-Mexico border if elected president, citing ‘illegal immigration’ as the most important issue facing the United States today.

You would think that the language he has employed so liberally to dehumanize migrants from south of the border – describing them as rapists, criminals, murderers, etc. – would be so unpalatable and objectionable that he would have seen his chances of winning the nomination for any political office, much less that of the president, would have been ended long before now. On the contrary, with every speech and interview he gives Trump is streaking further ahead of the other candidates, leaving many to scratch their heads in disbelief.

In Europe, meanwhile, migration from Africa and the Middle East has likewise resulted in an increasingly irrational and militant response on the part of the political mainstream. Britain has just announced an agreement with France over the issue of migrants at Calais, people stuck in makeshift camps in a state of limbo from where they regularly risk their lives attempting to cross the Channel in the back of trucks or even, in one case, trying to reach the other side of the Channel Tunnel on foot.

Their desperation to reach Europe is no surprise given the chaos they have left behind. Syria, Libya, Eritrea, Somalia, Afghanistan, Iraq – with each year that passes more countries in Africa and the Middle East fall prey to chaos, carnage, and destabilization.

The people fleeing these conditions are victims of a global economy that itself is in crisis, exposing the incontrovertible fact that the development and huge wealth of the northern hemisphere is based on the under-development and crippling poverty of the southern hemisphere. All of the conflict and seemingly unconnected crises we are living through is connected to this one indisputable fact.

Unsurprisingly, the political classes sitting at the apex of this unsustainable reality are in denial, refusing to countenance for a moment their role as authors and architects of a world that creeps every closer to the abyss. It is a congenital disorder they share with their Roman antecedents. Like them they are increasingly attached to the deployment of force and hard power to deal with the symptoms of the gross inequality and inequity that underpins the global economic and political system. In so doing they continue to deepen rather than alleviate the problem.

As the Roman philosopher, Seneca, reminds us: “For greed all nature is too little.”

Donald Trump is no Seneca. He is, instead, a monster created by an apparatus of greed and rampant individualism that will, if unchecked, lead inexorably to its own demise.

The scenes of desperate humanity we are currently witnessing at the Channel port of Calais and in Macedonia are the product of a world underpinned by greed and might is right. It cannot last on this basis. What’s more, it doesn’t deserve to.

John Wight is the author of a politically incorrect and irreverent Hollywood memoir – Dreams That Die – published by Zero Books. He’s also written five novels, which are available as Kindle eBooks. You can follow him on Twitter at @JohnWight1

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See featured article here:

http://www.counterpunch.org/2015/08/28/learning-about-the-migration-crisis-from-ancient-rome/

TLB recommends that read other pertinent articles at:

http://www.counterpunch.org/

 

 

 

 

One of the most firmly entrenched myths of the American Ideology is that the U.S. is a “middle class society,” a “land of opportunity” where anyone who works hard has the opportunity to achieve the standard of living which has made America “the envy of the world.” A common, and spot on, rejoinder has been to remind us that America has always had a sizable class of permanently poor people and that it is just factually false that those ready, willing and able to work are on the path to middle class status.

But does this reply concede too much? Has there ever been a substantial middle class in America? Or has a poor working class been able to mask its condition by accessing an institution that has disguised a large portion of a poor working class as a middle class? The best place to start is with the history of the modern American middle class.

The First Working-Class Middle Class: the Roaring Twenties

Of course not everyone can get rich, for roughly the same reason that not everyone can be very tall. But most of us are supposed to be able to enjoy the comforts that many Americans enjoyed after the Second World War and earlier, in economically pubescent form, during the Roaring Twenties. That decade was the first in history when any population enjoyed the comforts of a “consumer society.” The remarkable growth rates of that decade were driven entirely by Americans’ purchases of automobiles, ranges, radios, phonographs, toasters, refrigerators, electric fans and more. The whole world saw the miracle of the first genuine non-professional middle class. These new luxuries were not restricted to the very rich and doctors and lawyers; wage workers were the majority consumers of these “consumer durables.”

But during the Great Depression many radical Leftists argued that the short-lived prosperity (for white people) of the 1920s was a fluke, a temporary aberration from capitalism’s default condition in which the working class was flat-out poor. Sure, the war ended the Depression, but if that was so, it was feared that once the war ended, the economy would revert to normal, with high unemployment and widespread poverty once again the order of the day. This was a major concern in the mid-forties of a great many economists of every political stripe.

The Mature Middle Class: The Long Postwar Boom

But after the historically unheard of postwar expansion, with no major economic contractions, the Depression came to be dismissed as the outcome of silly mistakes, e.g. the high interest rate policy of the Federal Reserve (the Friedman-Bernanke story), and the shameless shenanigans of profligate financiers. The postwar glory days (again for white people) came to be regarded as the new normal, the resumption and expansion of the middle-class society of the 1920s.

The record was truly spectacular: on the income of one (male) breadwinner, very many families were able to afford a house, at least one automobile, a plethora of durable goods, higher education for the kids, medical expenses and sufficient savings for mom’s and dad’s retirement. Hard work paid off in a wage supporting a standard of living hitherto unknown to any working class anywhere. Only in America. (Never mind that this story backgrounds women’s enforced role as wives and mothers, enabled in large part by Mother’s Little Helper.)

During a May appearance on Letterman Obama stated the catechismal account of the myth of the middle class, referring to “middle-class America’s basic bargain — that if you work hard, you have a chance to get ahead.” Those impressive benefits once available to the Golden Age single-breadwinner household are typically held to demonstrate that the “middle class bargain” has been a reality for the majority of American workers. To be sure, we’re in a bit of a wee depression right now, but once that’s fixed the middle class dream will once again be within the grasp of those willing to “work hard.” That was the message of the Obamination’s Letterman stint.

An Accurate But Limited Response to the Myth of the Middle Class

A rational and historically informed response to the legend of the middle class is that this alleged stratum of the 1920s and the Golden Age existed for a mere 34 years of American history. Before the1920s just about all working-class peole were poor. Since 1974 then we have had 42 years of burgeoning inequality, un- and underemployment, growing poverty and steadily declining wages with no end in sight. The middle class was a departure from the historic norm of a materially insecure working class, the default position of industrial capitalism.

That response, accurate as it is, harbors a deeper myth that disguises a virtually unremarked and scandalous feature of the history of the U.S. working class, namely that it has always been poor. There never was a middle class, not in the sense in which that concept is meant to pack the punch intended by capitalist apologetics. If that’s so, the U.S. has never been a “rich country.”

The matter hinges on what is meant by ‘middle class’. This is no “merely” semantic question. The term is at the core of the justification of modern capitalism, and connotes not merely a statistical income level, but is meant to convey the relation between one’s willingness to earn a living, i.e. to work hard, and the possibility of achieving a desirable standard of living as a reward for one’s work. The example above, describing the benefits available to the one-breadwinner family during the Golden Age, is meant to imply that those benefits are the just deserts of hard work. That was the clear intention of Obama’s Letterman claim. The middle class gets what it deserves as a reward for its labor. But the truth is that the working class has never been able to achieve economic security on the basis of its wage.

Being dutifully productive has never been sufficient to guarantee the worker a satisfying life. If working people are to enjoy the benefits once available to the single breadwinner, they must permit a portion of that hard-earned wage to be extracted from their income by creditors. More precisely, the benefits might be forthcoming -remember, hard work is merely a necessary, not a sufficient, condition of material security- but only if the worker is prepared to allow a reduction of her future income by the creditors’ extraction of interest from the paycheck to come. Reduced income purchases a higher standard of living. Sounds paradoxical, but it’s not. That is what debt is about.

Neither in the 1920s nor during the Golden Age did workers achieve security and the pleasures of capitalist consumerism as the just reward for their labor. Let’s have a closer look at the fortunes of working people in the 1920s.

The First “Middle-Class” Society: the 1920s

The most striking feature of the condition of working people in the 1920s is how closely it resembled the declining fortunes of the working class during the post-Boom Age of Austerity. Inequality not seen since before 1900 became conspicuous during the Roaring Twenties. 1928 was the year of peak twentieth-century inequality up to that time. 1929 delivered an historic financial crash. 2007 was the first year thereafter to match the inequality of 1928. 2008 gave us the greatest financial crisis ever. The connection between inequality and economic crisis is hard to miss.

The consumption boom of the twenties went along with the century’s greatest inequality. In 1919, the percentage shares of total income received by the top 1 percent and the top 5% stood, respectively, at 12.2 percent and 24.3 percent; in 1923 the shares had risen to 13.1 percent and 27.1 percent and by 1929 to 18.9 and 33.5 percent. According to the prestigious Brookings Institution, in 1929 “0.1 percent of the families at the top received practically as much as 42 percent of families at the bottom of the scale.” All of the increases in real income in the 1920s went to upper-income groups and most of the rest merely held firm or lost ground.

Extreme inequality followed mathematically from these features of the economy of the 1920s: production soared, productivity and profits skyrocketed much faster than production, while wages remained stagnant. Sound familiar? History shows this to be overripe capitalism’s default position. The postwar period up to this day exhibits the same features.

Do the twenties look like a golden age before the Golden Age? In the classic Brookings Institute study of income and poverty levels during the 1920s, America’s Capacity To Consume, we learn that “By 1929, 71 percent of American families earned incomes of under $2,500 a year, the level that the Bureau of Labor Statistics considered minimal to maintain an adequate standard of living for a family of four. 60 percent earned less than $2,000.00 per year, the amount determined by the Bureau of Labor Statistics “sufficient to supply only basic necessities.” 50 percent had less than $1700.00 and more than 20 percent had less than $1,000.00.

Thus, nothing resembling a middle class existed in the 1920s. 60 percent of families earned less than what was required to provide “only basic necessities.” Half of all families made even less that that, and more than one in five earned less than half that required to provide bare necessities. Working Americans were poor. America was a poor country.

The employment picture was equally grim. During the steep recession in the first years of the decade unemployment (among nonfarm workers) hit 19.5 percent in 1921 and 11.4 percent in 1922. In 1924 it rose from 4.1 to 8.3 percent, fell to 2.9 percent in 1926 and was back up to 6.9 percent in 1928. 1922-1926 was the period of fastest growth in production and profits before overinvestment and underconsumption slowed the rate of GDP and sales growth. Yet two of those boom years saw unemployment comparable to or exceeding 2015’s official unemployment figures.

Here we have yet another entry in the list of Things You’re Not Allowed To Know: during the Roaring Twenties, the majority of Americans were poor, i.e. America was a poor country. And even the postwar Golden-Age years, we shall see, do not evidence the existence of a middle-class society. Yet during both the 1920s and the Golden Age America did not look like a poor country. Autos were everywhere, households were swimming in consumer durables and home ownership was growing at a healthy clip.

But appearances can deceive. For real poverty can be disguised, and the principal means of obscuring material insecurity when there has appeared to exist a middle class has been the extension of credit to vast numbers of working households. During both the 1920s and the Golden Age households accumulated mounting debt in order to achieve the “middle class standard of living.”

Workers’ wages needed a substantial supplement of financial speed to goose the buying power required for middle class pleasures. That’s not part of the myth of the middle class. In order for the standard story to pack the punch it wants to pack, one of two conditions must be met. Either:

1. The wage of the breadwinner must be sufficient to enable the benefits touted in the single-breadwinner story, or

2. If the wage sometimes needs to be supplemented in order to enable middle class status, the supplement must not be chronic, it must not be addictive, and it must not invariably climax in crisis.

Neither of these conditions was met in the 1920s or the Golden Age. How then was the consumer durables boom of 1922-1929 possible when wages barely rose and workers were poor? The buying spree was sustained by credit purchases, spending more than one earned. Demand out of wage income alone was insufficient to purchase what the economy was capable of turning out. Rising standards of living could not be maintained in the face of stagnant wages without the ability of consumers to mortgage future income. The twenties were the first instance of what was to become an abiding feature of American capitalism, the need for large scale credit financing to sustain levels of consumption required to stave off macroeconomic retardation and persistent economic insecurity.

The Hoover Commission Report, a massive study of the economy of the 1920s conducted by a large team of the country’s most prominent economists, reported that:

“The most spectacular and the most novel development in the field of credit was the growth after 1920 of a variety of forms of consumers’ borrowing… the amount of such credit was tremendously expanded, both absolutely and relatively, during the past decade.”

The proportion of total retail sales financed by credit increased from 10 percent in 1910 to 15 percent in 1927 to 50 percent in 1929. Over 85 percent of furniture, 80 percent of washing machines and 75 percent of phonographs and radios -indeed most new consumer items-   were purchased on time. A prime reason GM pulled ahead of Ford in car sales was that it enabled credit purchases through the General Motors Acceptance Corporation (GMAC). Credit was even used to buy clothes. Young single working women often went into debt to keep up with the latest styles. By 1929 sales on installment approached $7 billion. Many more people bought these goods than would have had they had to save the total price in cash before making the purchases. Credit pervaded the household economy and disguised low wages, as it would again in the postwar period.

In Middletown, the landmark study of the industrial town Muncie, Indiana, in the years 1924-1925, Robert and Helen Lynd note the pervasiveness of credit in the everyday lives of working people there:

Today Middletown lives by a credit economy that is available in some form to nearly every family in the community. The rise and spread of the dollar-down-and-not-so-much-per plan extends credit for virtually everything – homes, $200 over-stuffed living-room suites, electric washing machines, automobiles, fur coats, diamond rings – to persons of whom frequently little is known as to their intention or ability to pay. (emphasis added)

In the sense of the term required by apologists who use it, there has never been an American Middle Class. During both the1920s and the postwar period household “prosperity” and overall economic growth depended on increasing dosages of debt in order to maintain an increasing standard of living and the appearance of middle-class security. Wages, though, did not increase as rapidly as did debt growth. In fact, wages remained flat throughout the 1920s. So debt grew to the point at which it could not be paid. Borrowing and purchasing power then declined in 1926; underconsumption became conspicuous as excess inventories and capacity built up. Crisis ensued.

The Postwar Period Resurrects the Debt-Drenched Twenties

It is often claimed that the sustained growth of the postwar Golden Age was possible only because labor unions were able to keep wages rising in step with productivity gains. But this historic achievement was a necessary, not a sufficient, condition of the increase in purchasing power necessary to produce the “middle class” standard of living (for white people) of the Golden Age. It is a measure of just how high wages must be in order fully to avert mass unemployment and growing inequality that increasing injections of household or consumer debt were required to provide the requisite purchasing power. This was as true during the Golden Age as it was in the 1920s.

Capital again worked its magic: another underconsumption crisis was averted even as wages were kept below what was needed to avert crisis. This was accomplished by initiating a bubble in consumption, encouraging households to augment their buying power by taking onincreasing burdens of debt.

In 1946 the ratio of household debt to disposable income stood at about 24 percent. By 1950 it had risen to 38 percent, by 1955 to 53 percent, by 1960 to 62 percent, and by 1965 to 72 percent. The ratio fluctuated from 1966 to 1978, but the stagnation of real wages which began in 1973 pressured households further to increase their debt burden in order to maintain existing living standards, pushing the ratio of debt to disposable income to 77 percent by 1979. And keep in mind that accumulating debt was necessary not merely to purchase more toys, but to meet rising housing, health care, education and child care costs. With prohibitive health care costs the leading cause of personal bankruptcy, debt was necessary for all but the wealthy to stay out of poverty.

By the mid-1980s, with neoliberalism in full swing and wages stagnating, the ratio began a steady ascent, from 80 percent in 1985 to 88 percent in 1990 to 95 percent in 1995 to over 100 percent in 2000 to 138 percent in 2007. (See also Business Week, Oct. 12, The Debt Economy, 45, 94-6) As debt rose relative to workers’ income, households’ margin of security against insolvency began to erode. The ratio of personal saving to disposable income under neoliberalism began a steady decline, falling from 11 percent in 1983 to 2.3 percent in 1999. (Economic Report of the President, Table 30, 2000)

The debt bubble that became unmistakable in the 1990s was to be far greater than the bubble of the 1920s; the financial system by now was capable of far more fraud and treachery than was possible in the 1920s, thanks largely to deregulation and derivatives.

But what gets to the heart of captalism is the overall similarity of the 1920s and the postwar periods: during each period wages failed to be high enough to purchase the requisites of a decent, much less a rising, standard of living without an unsustainable, and therefore crisis-generating, household debt bubble. In neither period was hard work and the corresponding wage sufficient to avert sub-middle-class status.

The Golden Age, like the 1920s, was an age of a debt-junkie nation of poor workers. The much touted “vanishing middle class” is rooted in time-released conditions fully in place during the Golden Age. Poor workers were allowed to mask their economic insecurity with debt-financed widgets permitted by their social and economic masters on the condition that they agree in exchange to turn over a significant portion of their future earnings to those masters, and at a time when they could least afford it. I’d call those workers poor from the get-go.

In the absence of organized resistance, the current age of rising inequality, low wages, high un- and underemployment and inceasing economic precariousness will persist indefinitely. Larry Summers, Paul Krugman and Robert Skidelsy tell us so.  If most Americans have always been poor in the sense that counts, how shall we describe the condition of working people in the age of “secular stagnation”? Repressed for sure: persistent and hopeless austerity will generate social dislocation on a disturbing scale – rising crime and suicide rates, domestic violence and psychological depression. I think of these as expressions of unorganized resistance. Oppressive conditions are naturally resisted in one form or another. The form taken depends on the existence and scope of savvy agents of political resistance. In any case, the State is preparing for what it fears will be significant outbursts of mass recalcitrance. The infrastructure of a police state is in place. State repression apparently must be practiced, rehearsed in preparation for full fledged assault. The experimental “subjects” have thus far been largely black people. But that’s just the dress rehearsal. Only an organized, active Left with a mass base can avert what’s in the wings. So far, it doesn’t look good. So far.

Alan Nasser is professor emeritus of Political Economy and Philosophy at The Evergreen State College. His website is:http://www.alannasser.org.  His book, United States of Emergency American Capitalism and Its Crises, will be published by Pluto Press early next year. If you would like to be notified when the book is released, please send a request to nassera@evergreen.edu

 

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See featured article here:

http://www.counterpunch.org/2015/08/28/the-myth-of-the-middle-class-have-most-americans-always-been-poor/

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by David Swanson

UPDATE:

Stabenow Yes takes potential No list down to 14. But Blumenthal is still undecided, so it’s 15.

____________

This is an update to “Which U.S. Senators Want War on Iran.” But Blumenthal is still undecided, so it’s 15.

I’ve found there isn’t really any way to touch on this topic without misunderstanding, but here’s a try. Iran has never had a nuclear weapons program or threatened to launch a war against the U.S. or Israel. Many opponents of the Iran deal in the U.S. Congress and nearly every, if not every single, proponent of the agreement in the U.S. Congress has proposed war as the alternative. Some examples are here. The White House is even telling Congress that the agreement will make a future war easier — as a selling point in favor of the deal.

Of course, war is NOT the only alternative to the agreement. The threat of war comes from the U.S. An alternative to that would be to simply stop threatening it. No deal is actually needed. The purpose it serves is to slow down a U.S. push for war.

Of course, many ordinary supporters and opponents of the agreement do not want a war. But with Washington offering two courses of action toward Iran: a deal that imposes tougher inspections than anyone else has to deal with, or bombs, one has to choose the inspections.

That is, a moral person does. The “I want a better deal” argument is cynically put forward by people who want no deal at all, even if supported by well-meaning people who have the misfortune to own televisions or read newspapers.

Of course, the Iranian government can be criticized in many areas, none of which are subject to improvement by bombing.

Here are people who have said they oppose the agreement or can’t make up their mind about it yet:

Every Republican in the U.S. Senate plus these Democrats (the first two have said No, the rest Undecided):
Menendez (NJ)
Schumer (NY)
Wyden (OR)
Bennet (CO)
Booker (NJ)
Cantwell (WA)
Cardin (MD)
Casey (PA)
Coons (DE)
Heitkamp (ND)
Mikulski (MD)
Murray (WA)
Peters (MI)
Stabenow (MI)
Warner (VA)

This is a much shorter list than what it was when I previously wrote on this topic. In fact, it’s at 15, which is almost down to the 13 needed to kill the agreement. Get it down to 12 and the agreement survives. That means two more Democratic senators can come around to the Yes position on the Iran deal and the deal still die. Almost certainly at least those two will. Whether a third does, or more do, is the real question.

When measures voted on are popular with funders but unpopular with the public, they very often pass with no more than exactly the votes needed. Sometimes word leaks out about the deals that have been cut. Senators and House members take their turns giving the unpopular votes demanded by funders and “leadership.” The trick here is that the “leadership” is split between Obama’s and Biden’s YES and (would be Senate leader) Schumer’s NO.

The fifteen people named above have had PLENTY of time to conclude that many of their colleagues want to risk a war and to understand that the agreement is preferable to that. It’s time for us to let them know we will not stand for them getting this wrong and will never forget it if they do. Here’s what I’m asking about my senator, Mark Warner:

 

Here’s what World Beyond War is doing to try to correct the myth that Iran is the origin of the threat of war in this affair:

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We must uphold the Iran agreement, but upholding it while pretending that Iran has a nuclear weapons program, or is threatening anyone, will not create a stable and lasting foundation for peace. Upholding an agreement with both proponents and opponents threatening war as an alternative is perilous as well as immoral, illegal, and — given the outcome of similar recent wars based on similar recent propaganda — insane.

You can spread the above message on Facebook here, Twitter here, Instagram here, Tumblr here, and Google+ here.

In the U.S. sign these petitions: one, two, and join these events.

More events all over the world, and tools for creating your own are here.

Outside the U.S., people can contact the nearest U.S. Embassy.

 

Read featured article here

TLB recommends you visit War Is A Crime.org for more great/pertinent articles.

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By Michael Snyder

You can stop waiting for a global financial crisis to happen.  The truth is that one is happening right now.  All over the world, stock markets are already crashing.  Most of these stock market crashes are occurring in nations that are known as “emerging markets”.  In recent years, developing countries in Asia, South America and Africa loaded up on lots of cheap loans that were denominated in U.S. dollars.  But now that the U.S. dollar has been surging, those borrowers are finding that it takes much more of their own local currencies to service those loans.  At the same time, prices are crashing for many of the commodities that those countries export.  The exact same kind of double whammy caused the Latin American debt crisis of the 1980s and the Asian financial crisis of the 1990s.

As you read this article, almost every single stock market in the world is down significantly from a record high that was set either earlier this year or late in 2014.  But even though stocks have been sliding in the western world, they haven’t completely collapsed just yet.

In much of the developing world, it is a very different story.  Emerging market currencies are crashing hard, recessions are starting, and equity prices are getting absolutely hammered.

Posted below is a list that I put together of 23 nations around the world where stock market crashes are already happening.  To see the stock market chart for each country, just click the link…

1. Malaysia

2. Brazil

3. Egypt

4. China

5. Indonesia

6. South Korea

7. Turkey

8. Chile

9. Colombia

10. Peru

11. Bulgaria

12. Greece

13. Poland

14. Serbia

15. Slovenia

16. Ukraine

17. Ghana

18. Kenya

19. Morocco

20. Nigeria

21. Singapore

22. Taiwan

23. Thailand

Of course this is just the beginning.  The western world is going to feel this kind of pain as well very soon.  I want to share with you an excerpt from an article that just appeared in the Telegraph entitled “Doomsday clock for global market crash strikes one minute to midnight as central banks lose control“.  You see, the Telegraph is not just one of the most important newspapers in the UK – it is truly one of the most important newspapers in the entire world.  When it speaks on financial matters, millions of people listen very carefully.  So for the Telegraph to declare that the countdown to a “global market crash” is “one minute to midnight” is a very, very big deal…

When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal.

Time is now rapidly running out. From China to Brazil, the central banks have lost control and at the same time the global economy is grinding to a halt. It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.

I encourage you to read the rest of that excellent article right here.  It contains lots of charts and graphs, and it discusses many of the exact same things that I have been hammering on for months.

When one of the newspapers of record for the entire planet starts sounding exactly like The Economic Collapse Blog, then you know that it is late in the game.

Others are sounding the alarm about an imminent global financial crash as well.  For example, just consider what Egon von Greyerz recently told King World News

Eric, I fear that this coming September – October all hell will break loose in the world economy and markets. A lot of factors point to that, both fundamental and technical indicators and this indicates that we could have a number of shocks this autumn.

Sadly, most investors will hold stocks, bonds and property and will see any decline in value as an opportunity. It will be a long time and a very big fall before they realize that the system will not help them this time because the central bankers have run out of ammunition to save the global financial system one more time. Yes, we will see more massive money printing, but it will just make things worse. And at some stage, which could be quite soon, real fear will set in, a fear of a magnitude the world has not experienced before.

Hmm – there is another example of someone talking about September.  It is funny how often that month keeps coming up.

And of course most of the major stock market crashes in U.S. history have been in the fall.  Just go back and take a look at what happened in 1929, 1987, 2001 and 2008.

The “smart money” has been pulling their money out of stocks for quite a while now, and at this point a lot of others have hopped on the bandwagon.  The following comes from CNBC

The flight of investor money from U.S. stocks has turned into a stampede.

In fact, the $78.7 billion leaving domestic equity-focused funds has been worse in 2015 than it was even during the financial crisis years, when the S&P 500 tumbled some 60 percent, according to data released Friday by Morningstar. The total is the highest since 1993.

Domestic equity funds surrendered $20.4 billion in July alone and have seen $158.6 billion in redemptions over the past 12 months. Even a strong flow of money into passively managed exchange-traded funds has been unable to offset the stream to the exit among retail investors, who generally focus more on mutual funds than ETFs.

A global financial crisis has already begun.

So those that were claiming that one would not happen in 2015 are already wrong.

Over the coming months we will find out how bad it will ultimately be.

Sometimes I get criticized for talking about these things.  There are a few people out there that don’t like all of the “doom and gloom” that I discuss on my website.  Apparently it is a bad thing to talk about the things that really matter and we should all just be “keeping up with the Kardashians” instead.

I consider myself just to be another watchman on the wall.  From our spots on the wall, watchmen such as myself all over the nation are sounding the alarm about what we clearly see coming.

If we saw what was coming and we did not warn the people, their blood would be on our hands.  But if we do warn the people, then we have done our duty.

Every day I just do the best that I can with what I have been given.  And there are many others just like me that are doing exactly the same thing.

Those that do not like the warning message are going to feel really stupid when things start falling apart all around them and they finally realize how wrong they truly were.


Michael T. Snyder is a graduate of the McIntire School of Commerce at the University of Virginia and has a law degree and an LLM from the University of Florida Law School. He is an attorney that has worked for some of the largest and most prominent law firms in Washington D.C. and who now spends his time researching and writing and trying to wake the American people up. You can follow his work on The Economic Collapse blog, End of the American Dream and The Truth Wins. His new novel entitled “The Beginning Of The End” is now available on Amazon.com.

 

Read featured article here

TLB recommends you visit the sleuthjournal for more great/pertinent articles.

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by TLB Contributor: Dane Wigington

As the global economic house of cards continues to collapse with increasing momentum, the vast majority of global populations are, unfortunately, still looking through a very tainted and distorted lens. They cannot bring themselves to accept reality on countless fronts. Denial is especially tenacious in regard to the ongoing climate engineering atrocities occurring in our skies. Our sense of reason is our greatest gift, but for most this sense has long ago been overridden by societal conditioning, programming, and propaganda. The image below is of Dubai, a city built on sand, powered by finite fossil fuels complete with toxic geoengineered skies.

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The Burj Khalifa is the glittering jewel in Dubai’s construction crown. Photo Credit: Iwan Baan

 The implosion of the temporary reality we have all known is already well under way, the collapsing Chinese stock markets are only a harbinger of what is to come. Global shipping is in free-fall as shipping rates plunge, unlimited money printing can no longer hide what is unfolding around the world.  China has kept its deceptive GDP (Gross Domestic Product) going in the past in the same manner as the rest of the global economy – with smoke, mirrors, and lies. “Ghost cities” were one of the methods used by the Chinese to keep the illusion of growth going. Now, the inevitable is taking hold, the illusion is disintegrating by the day. The images below are cities with no inhabitants which were constructed to keep the wheels of industry turning and the GDP rising in the East.

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An eerily vacant Yingkou is only one of numerous ghost cities in China

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The Chinese have constructed ghost cities in locations as far away as Angola

 The image below is from what has been termed “The scariest housing bubble”

A general view of newly-built houses at Dadun village of Lingshui ethnic Li autonomous county

The largely empty city of Ordos in inner Mongolia

 The completely out of control manufacturing of automobiles to create the illusion of a recovering auto industry is an extension of the Chinese ghost cities philosophy.

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Above is an image of thousands upon thousands of unsold cars parked up on a airport runway near St Petersburg in Russia.  They are all imported from Europe, and then parked and left to rot. Consequently, the airport is now unusable for its original purpose.

 The end of the reality we have all known draws nearer at blinding speed. Those who cannot see this inevitability will very soon have their eyes opened, they will have no choice but to face the truth. Modern society is comparable to a snake eating its own tail. In the last 40 years the human population has doubled while global wildlife populations have declined by over 50% in the same amount of time, is it rational to believe such a trend could continue?  The epitome of human insanity is the attempt to manipulate the climate, the attempt to control Earth’s very life support systems.

 

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Geoengineered aerosol skies over New York City

Industrialized civilization is the mechanism by which climate engineering has been conducted and perpetuated. If the total collapse of this paradigm brings an end to the geoengineering juggernaut of planetary omnicide (and an end to countless destructive factors related to militarized civilization), is that not a step forward for what is yet left of life on Earth? The global elite have long since been preparing for total collapse which their own actions and governance has helped to fuel from the beginning. We all have a responsibility to face reality head-on. Only in doing so will we have any chance of altering the outcome of what is unfolding in a positive direction. If our existence is not about fighting for the greater good (regardless of the odds), what is it about? If it is not about fighting for the future of our children, then what right did we have to bring them into the world? We owe our lives to the children and to the planet they will need to survive. If we can expose and halt climate engineering before the power structure is ready for this to happen, before global collapse is total, we could yet change the outcome. If all of us work together, without fear and trepidation, with focus and conviction, who can say what we may still accomplish for the greater good even at this dark hour. Make your voice heard while there is yet time.
DW

See featured article here

TLB recommends you visit Dane at GeoEngineering Watch for more great articles and pertinent information.

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by

The US Federal Reserve is playing with the idea of raising interest rates, possibly as early as September this year. After a six-year period of virtually zero interest rates, a ramping up of borrowing costs will certainly have tremendous consequences. It will be like taking away the punch bowl on which all the party fun rests.

Low Central Bank Rates have been Fueling Asset Price Inflation

The current situation has, of course, a history to it. Around the middle of the 1990s, the Fed’s easy monetary policy — that of Chairman Alan Greenspan — ushered in the “New Economy” boom. Generous credit and money expansion resulted in a pumping up of asset prices, in particular stock prices and their valuations.

Low central bank rates have been fueling asset price inflation

A Brief History of Low Interest Rates

When this boom-bubble burst, the Fed slashed rates from 6.5 percent in January 2001 to 1 percent in June 2003. It held borrowing costs at this level until June 2004. This easy Fed policy not only halted the slowdown in bank credit and money expansion, it sowed the seeds for an unprecedented credit boom which took off as early as the middle of 2002.

When the Fed had put on the brakes by having pushed rates back up to 5.25 percent in June 2006, the credit boom was pretty much doomed. The ensuing bust grew into the most severe financial and economic meltdown seen since the late 1920s and early 1930s. It affected not only in the US, but the world economy on a grand scale.

Thanks to Austrian-school insights, we can know the real source of all this trouble. The root cause is central banks’ producing fake money out of thin air. This induces, and necessarily so, a recurrence of boom and bust, bringing great misery for many people and businesses and eventually ruining the monetary and economic system.

Central banks — in cooperation with commercial banks — create additional money through credit expansion, thereby artificially lowering the market interest rates to below the level that would prevail if there was no credit and money expansion “out of thin air.”

Such a boom will end in a bust if and when credit and money expansion dries up and interest rates go up. In For A New Liberty (1973), Murray N. Rothbard put this insight succinctly:

Like the repeated doping of a horse, the boom is kept on its way and ahead of its inevitable comeuppance by repeated and accelerating doses of the stimulant of bank credit. It is only when bank credit expansion must finally stop or sharply slow down, either because the banks are getting shaky or because the public is getting restive at the continuing inflation, that retribution finally catches up with the boom. As soon as credit expansion stops, the piper must be paid, and the inevitable readjustments must liquidate the unsound over-investments of the boom and redirect the economy more toward consumer goods production. And, of course, the longer the boom is kept going, the greater the malinvestments that must be liquidated, and the more harrowing the readjustments that must be made.

To keep the credit induced boom going, more credit and more money, provided at ever lower interest rates, are required. Somehow central bankers around the world seem to know this economic insight, as their policies have been desperately trying to encourage additional bank lending and money creation.

Why Raise Rates Now?

Why then do the decision makers at the Fed want to increase rates? Perhaps some think that a policy of de facto zero rates is no longer warranted, as the US economy is showing signs of returning to positive and sustainable growth, which the official statistics seem to suggest.

Others might fear that credit market investors will jump ship once they convince themselves that US interest rates will stay at rock bottom forever. Such an expectation could deal a heavy, if not deadly, blow to credit markets, making the unbacked paper money system come crashing down.

In any case, if Fed members follow up their words with deeds, they might soon learn that the ghosts they have been calling will indeed appear — and possibly won’t go away. For instance, higher US rates will suck in capital from around the word, pulling the rug out from under many emerging and developed markets.

What is more, credit and liquidity conditions around the world will tighten, giving credit-hungry governments, corporate banks, and consumers a painful awakening after having been surfing the wave of easy credit for quite some time.

China, which devalued the renminbi exchange rate against the US dollar by a total of 3.5 percent on August 11 and 12, seems to have sent the message that it doesn’t want to follow the Fed’s policy — and has by its devaluation made the Fed’s hiking plan appear as an extravagant undertaking.

A normalization of interest rates, after years of excessively low interest rates, is not possible without a likely crash in production and employment. If the Fed goes ahead with its plan to raise rates, times will get tough in the world’s economic and financial system.

To be on the safe side: It would be the right thing to do. The sooner the artificial boom comes to an end, the sooner the recession-depression sets in, which is the inevitable process of adjusting the economy and allowing an economically sound recovery to begin.

See featured article here

TLB recommends you visit Mises Institute  for more great/pertinent articles.

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NaturalNews

To anyone who still doesn’t believe the world’s largest nations are already engaged in a global covert war involving kinetic weapons, currencies and cyber warfare, add this event to your list of things to ponder:

Less than one day after another massive explosion destroyed a portion of Shandong, China, another explosion has ripped through a U.S. Army munitions storage facility near Tokyo, Japan, utterly destroying the facility.

This all takes place just ten days after the apocalyptic explosion at Tianjin China, which many people believe was instigated by the Pentagon in response to China’s currency devaluation announced one day earlier.

Shortly after this event took place, Natural News exclusively reported the “bombshell” news that China and the United States were engaged in a covert war. Now, as more and more of these events begin lining up, it’s becoming increasingly obvious to everyone that these explosions are not mere coincidence. They are, in fact, deliberate acts of war between China and the United States.

An important article to read on all this is Dave Hodges’ piece The Chinese Plan to Occupy America.

Red List News is also doing a fantastic job of publishing video interviews on these topics with people like Steve Quayle, and the team at All News Pipeline is sounding the warning bells on an almost daily basis.

Timeline of events so far

August 11, 2015: China devalues the Yuan by 1.9%, sending “shockwaves” around the world and setting off a devastating impact to the U.S. economy.

August 12, 2015: Tianjin is reportedly struck by Pentagon’s secret “Rod of God” weapon, a space-based top-secret kinetic weapon that can be dropped from high orbit to strike almost any land-based target. The weapon instantly destroys six city blocks on the edge of the city of Tianjin, sending a message to China that’s eerily similar to the message sent by the United States in the dropping of the world’s first atomic weapons on Hiroshima and Nagasaki in World War II.

August 17, 2015: Natural News publishes bombshell story and exclusive photos of military helicopters circling Beijing, along with warnings that China is on the verge of declaring “regional martial law” because of escalating war tensions with both the United States and Japan. I also wrote about China’s upcoming Sep. 3rd celebration of the “defeat of Japan” in World War II, exactly 70 years ago.

August 22, 2015, early morning U.S. time: Another massive explosion rocks China’s manufacturing heartland, in the Shandong province, obliterating another large industrial storage center. The cause of the explosion, once again, is utterly unknown to the authorities.

August 22, 2015, later in the day U.S. time: A massive explosion rips through a U.S. Army munitions storage facility near Tokyo, obliterating it.

China now retaliating with sabotage and currency warfare

This latest explosion is an act of retaliation waged by the Chinese against two of China’s greatest enemies: Japan and the United States:

“The Wall Street Journal reported that a spokesman for police in Kanagawa Prefecture said two steel pipes were found planted in the ground with electric cables in the camp.” (SOURCE)

“… the base is used to house military families” reports The Mirror UK.

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The new fronts of warfare: Cyber war, currency war and kinetic war

What we are all witnessing here is a dangerous escalation of covert war activities between China and the United States involving three fronts of warfare:

Front #1) Cyber warfare. (Hacking U.S. military personnel records, seizing control over key infrastructure control systems, etc.)

Front #2) Currency warfare. This war is already in full force, and we can expect to see yet more currency manipulations attempts from China that are designed to cause economic carnage across America.

Front #3) Sabotage and kinetic warfare. This is what we have just seen at the U.S. Army base near Tokyo. Watch for more sabotage attacks, explosions and kinetic “coincidences” to occur throughout the remainder of 2015.

America is already at war with China, you see, and the escalation of this war is now evident.

Watch for wild swings in equities and currencies this coming week in the U.S. stock market, and know that China is the financial force behind much of the turmoil we are experiencing.

GET INFORMED: Read my military analysis articles on China and the Pentagon’s space-based weapons

I have written a detailed analysis of China’s cyber warfare posture and tactics against the United States in this widely-cited article.

I’ve also written a mathematical analysis of the “Rod of God” orbital kinetic weapon system, determining that such a system can quite readily deliver the scale of the initial explosion we witnessed in Tianjin on August 12th.

Sources for this article include:
http://www.mirror.co.uk/news/world-news/huge…
http://www.naturalnews.com/050890_Rod_of_God…
http://www.naturalnews.com/050898_Shandong_p…
http://www.naturalnews.com/050816_Tianjin_ex…

 

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See article here:

http://www.naturalnews.com/050899_munitions_depot_mysterious_explosions_China_retaliation.html#ixzz3jkFxDiUT

 

TLB recommends that you read other pertinent articles at:

http://www.naturalnews.com/

 

China's President Hu

China’s President Hu inspects his soon-to-be occupation troops.

By TLB Contributor: Dave Hodges

Mike Adams, the Health Ranger, is stating that based on evidence derived from Chinese dissidents, that the Chinese, in response to the American space-based attack upon Tianjin, will launch a three-pronged attack from the United States from 7,000 miles away. The attack will consist of the following strategies:

Layer #1) An attack on the dollar and U.S. debt instruments.

Layer #2) A massive cyber warfare attack on the U.S. infrastructure.

Layer #3) An attack on U.S. military satellites to maximize the disruption of military communications, banking transactions, emergency services and other systems that depend on satellite communications.

I have written extensively on how the Chinese have already demonstrated the ability to engage in attacks, upon American, in all three domains described above. Mike Adams assertion that the Chinese are capable of, and will employ, attack strategies from all three of these areas is correct and have already happened, at least in a Beta test mode.

I need no convincing that Mike Adams is correct, but I do not believe that these three areas of attack represent an end game strategy and I am not sure that Mike believes that either. I have a slightly different take as I am convinced that these attacks are the military equivalent of a long-range military bombardment designed to weaken American for the final kill. The utilization of these three modes of attack can and will bring America to her knees as the economy is collapsed. The three pronged attack will be followed up by Chinese occupation troops.

The Effects of a Three-Pronged Chinese Attack

I have written about various alphabet soup agency people and their families who have gone into hiding in specially prepared enclaves with their colleagues in anticipation to what is coming. Many, including one FEMA family that I knew personally, have repeatedly spoken about  the taking down of the power grid.

Taking down the power grid is not the Chinese first option towards their goal of subjugating America. They would prefer the infrastructure to be intact as they assume control over the country as repayment for the massive debt they are owed by the people of this country. However, we cannot discount the fact that the Chinese were allowed to participate in GRID EX II, which was a simulated take down of the power grid, in November of 2013 as we undoubtedly showed them how to taken down the grid. Subsequently, I believe that taking down the grid through an EMP attack is the default position of the Chinese. It is not their primary intention at this time. The Chinese are determined to take over this country, one way or another.

However, if the Chinese elect to not take down the American power grid through employing an EMP, the Mike Adams described Chinese attacks will collapse the American economy. Please make note of the fact that each and every one of these three attacks are single point in time attacks. This means that you could literally go to bed on a Sunday night and wake up in chaotic “Mad Max” world on Monday.

On that fateful Monday, you will awaken to the fact that your bank account is gone along with your 401k, pension and job. All hell has broken loose. THERE WILL BE ROUNDUPS BECAUSE THERE WILL BE TOO MANY AMERICANS ROAMING THE STREETS LOOKING FOR THEIR NEXT MEAL. PEOPLE WILL STARVE AND BECOME VICTIMS OF THE ENSUING VIOLENCE.

The country will be under martial law on the evening of the first day. Nobody will be safe including law enforcement. What will you do? Have you prepared? Do you have the mental toughness to survive? Your present level of action/inaction has already answered that question.

If the Chinese employ the three-pronged strategy reported on by Mike Adams, what would be their end game goal?

America Is Not Broke

Contrary to what the power brokers would have you believe in order that you’ll give up your pension, cut your wages, and settle for the life that people live in a third world country, the globalists want you to believe that your nation is broke and there is nothing you can do about it.
America is not broke, in fact the opposite is true. The United States of America is awash in an unimaginable amount of  mineral wealth. What belongs to the people has been transferred, in the greatest theft in world history, from the workers and consumers to the government as well as the banks and the portfolios of the criminal elite gangsters which control the politicians with insider-trading and outright bribes.

The American underemployment and unemployment rate is now around 25% according to John Williams of Shadowstats who appeared as a guest on The Common Sense Show. Today just 400 Americans have more wealth than half of all Americans combined.

Despite these grim statistics which reveals the wealth imbalance in this country, our nation has never been wealthier.

Deep Beneath the Earth

Far beneath the ground, the federal government and its bankster puppeteers, own the rights to mineral and energy leases, from which they receive royalties, rents, and bonus payments, states the Institute for Energy Research, an industry group. According to their estimates, government states that the assets are worth $128 trillion. That’s almost eight times the national debt.

“These resources could be leased to third parties and could subsequently earn the state and national government huge royalties, rents, and bonus payments that estimates could total almost $150 billion over 10 years, just for the oil and gas leases alone”. Then why isn’t this being done? Simple, ask yourself who would lose money if this were to come to fruition? These vast resources have been promised to the Chinese and they are moving to take possession. Already, the Chinese, have been and are in Hawaii to take possession of what gold America has left. Speculation abounds that this is why Obama is now living in Hawaii and he is personally supervising the transfer and to arrange for the transfer of mineral wealth.

The Bundy Ranch and Other BLM Land Seizures Are Being Done On Behalf of the Chinese

bundy ranchThe Bundy Ranch confrontation, along with many other unreported BLM land grabs on behalf of the Chinese are being carried out in preparation for a total resource hand off to the Chinese. My military sources and researcher, Vicky Davis tell me that a series of international “inland ports” are being created in conjunction with known mineral rich areas and control of these areas will be handed off to the Chinese. Further, the Chinese military will be stationed around these inland ports to ensure safety and security of the Chinese investment and its mining and geological personnel. The Chinese are doing this under the guise of creating solar energy, which they are. However, their energy companies are owned by the Chinese military. This will be the foothold of their invasion force. Further, solar zones are near planned international corridor highways (e.g. Canamex and NAFTA Super Highways) for easy transport of these soon-to-be mined mineral resources for shipping back to China. When the three pronged attack occurs, the American economy will be in chaos and the Chinese will be in the midst of acquiring vast mineral resources for which they have prepositioned their covert military assets in this country.

Chinese troops will soon be a common occurrence on American soil. This will constitute only the beginning of the short-range take over the Chinese have planned for America.

These Solar Energy Zones are appearing in multiple locations in such places as Southwestern Arizona, Barstow, CA. and Victorville, CA., and now I am receiving on the ground reports from Colorado and Utah as well. These designated Solar Energy Zones have very similar variables in common. The following chart indicates that the debt compensation will consist of complete control of the solar industry and will be expanded to other energy sources (e.g. hydroelectric and nuclear power). This practice has been happening in Indian reservations as well.

Coincidence or Conspiracy?

The control of solar energy, locating the “solar farms” along planned international highways and the implantation of future Chinese troops nears an major American military base were the goals of the Bundy Ranch takeover. The Bundy Ranch Affair exposed the agenda and the handing off of the country to the Chinese.

Chinese Solar on Bundy’s Ranch              Arizona Solar Farm

Chinese money backing project Chinese money involved in project
Creation of Agenda 21 “Solar Energy Zone” Creation of Agenda 21 “Solar Energy Zone”
Located near a Canamex Highway (I-15) Located near a Canamex Highway (1-10)
Located near a major energy source (Hoover Dam) Located near a major energy source (Palo Verde Nuclear Plant)
Located near a major military base (Nellis AFB) Located near a major military base ancillary facilities (Luke AFB)

And these planned facilities are always located near known mineral rich resources buried underground and waiting to be mined. And this strategy is not limited to these Chinese Solar Energy Zones.

The Farah article also made mention of a series of Chinese incursions into the American energy domain as reported by the Wall Street Journal on March 6, 2012. The state-by-state list of the $17 billion in oil and natural gas equity interests CNOOC and Sinopec have acquired in the United States since 2010.

  • “Colorado: CNOOC gained a one-third stake in 800,000 acres in northeast Colorado and southwest Wyoming in a $1.27-billion pact with Chesapeake Energy Corporation.

  • Louisiana: Sinopec has a one-third interest in 265,000 acres in the Tuscaloosa Marine Shale after a broader $2.5-billion deal with Devon Energy.

  • Michigan: Sinopec gained a one-third interest in 350,000 acres in a larger $2.5-billion deal with Devon Energy.

  • Ohio: Sinopec acquired a one-third interest in Devon Energy’s 235,000 Utica Shale acres in a larger $2.5-billion deal.

  • Oklahoma: Sinopec has a one-third interest in 215,000 acres in a broader $2.5-billion deal with Devon Energy.

  • Texas: CNOOC acquired a one-third interest in Chesapeake Energy’s 600,000 acres in the Eagle Ford Shale in a $2.16-billion deal.

  • Wyoming: CNOOC has a one-third stake in northeast Colorado and southeast Wyoming after a $1.27-billion pact with Chesapeake Energy. Sinopec gained a one-third interest in Devon Energy’s 320,000 acres as part of a larger $2.5-billion deal”.

How symbolic is this photo?

How symbolic is this photo?

Still not convinced that they Chinese will soon be our up close and personal landlords? Then you may want to review this BLM document and apply its principles to the Chinese takeover of this country. The above document was created just prior to the Bundy Ranch Affair and it spells out how our land is being taken over by foreign interests. The term, “foreign interests”, is an euphemism for Chinese and their allies, the Russians.

Long Beach

I want to stress that I am NOT abandoning my position that the Chinese could and would employ weapons against the American grid resulting in catastrophic consequences. If the Chinese cannot bring America to her knees using the three-pronged strategy, they will not hesitate to bring down this country through the application of an EMP attack. Regardless of the Chinese mode of attack, one can rest assured that the Chinese will show America no mercy.

At this point, I am offering a corollary to the Mike Adams report of the three-pronged attack by the Chinese upon America. Following the Chinese caused collapse of the American economy, they will need to militarily occupy America in order to reap its vast mineral resources. To do this, they will need occupation troops. If one thinks that the location of these Solar Energy Zones next to a Canamex, or planned Canamex Highway Corridor system is a coincidence, they should take a close look at what is happening at Long Beach, CA. These international corridors would provide excellent transportation routes in order to control what is left of American commerce as well as deploying its occupation troops across the country.

The control of the American transportation system is no more pronounced than it is in Long Beach, CA. The deep water port at Long Beach is the only of its type on the West Coast. And this country’s government has GIVEN AWAY the Long Beach deep water port to the Chinese in one of the biggest acts of treason in this country’s history. The giveaway of both the military installation and the deep water port is going live this year, in 2015.

Unfortunately,  this article is not concluded as there is more grim news. The Chinese are in the process of taking over our financial system as well. As some insiders have told me, it is likely that many of us have our home mortgages under Chinese control.

More Chinese Takeout: The Chinese Are Buying Up the Federal Reserve

At the end of January 2009, the month President Barack Obama was first inaugurated, Communist China owned $744.2 billion in U.S. government debt and the Fed owned $475.129 billion. of U.S. debt. In May of 2012, the Federal Reserve approved applications by three big Chinese government-controlled banks to set up branches and take stakes in US banks after deciding they were adequately regulated in their home market.

The Chinese ownership of U.S. debt, compared to the Federal Reserve, appears to be unchanged in 2014. However, the Chinese are slowly but surely acquiring the Federal Reserve and thus, are acquiring a greater amount of U.S. government debt. Therefore, much of the debt owned by the Federal Reserve, is now owned by the Chinese and their new partners consisting of two large Spanish banks, a German bank and the Chinese. The complete Chinese takeover of our economy is silent but undeniably insidious. It would be appropriate to think of this development as the United States government doing a debt consolidation of all its treasury bonds because it can no longer pay or service the debt and the Chinese and their partners are acquiring the assets of America for pennies on the dollar. It will soon be announced that China is in the process of purchasing major Western banks (e.g. Bank of America, Wells Fargo) and physical assets. These banks make up the majority owners of the Federal Reserve. By purchasing these banks as distressed properties, the Chinese, will in effect, have purchased the Federal Reserve because these banks own the Federal Reserve. surabachiFor the naysayers that will write to me and say there is no way that this will ever take place, I will respond by telling you that you are a day late and a “distressed dollar” short with your anxiety over the future of the American economy. Our economy is breathing its last breath.

Two years ago, China purchased the JP Morgan building in Manhattan for $725 million. This was a symbolic move like planting the U.S. flag on top of Iwo Jima’s Mount Surabachi during the famous WW II battle. This signified that the Chinese have laid claim to all assets in the United States. One might  reason that the Chinese have in fact purchased all of JP Morgan. When this happens in earnest, it will come in the midst of a dollar devaluation, or collapse and we are well on the way to this happening as evidenced by the fact that in preparation for the event, the G20 declared that bank accounts are no longer considered money. As a result, all account holders go to the bottom of the line and will not be compensated when the banks collapse. And where will the bank deposits go? Well, of course, they will go the holders of the derivatives debt and to the Chinese which explains why the Chinese are buying up the Federal Reserve.

DOES THE CHINESE/RUSSIAN LED BRICS WAR AGAINST THE DOLLAR MAKE A LITTLE MORE SENSE NOW?

Who owns your mortgage note on either your business property or your personal residence? Answer: The banks.

Who is on their way to completely controlling the U.S. banking system? Answer: The Chinese.

What does this mean?

Answer: The Chinese own you.

Lastly, you need to realize that the Chinese will have help. You need to ask yourself, how much do you believe in coincidences? Do you think, North Korea’s attack upon South Korea, the current Chinese/Russian joint war games exercise and the fact that Russia just moved 50,000 troops to Ukraine all in the past three days are coincidental?

In the next article, I explore what a Chinese occupation force would look like and act like and how this ties into Jade Helm.

****************

TLB recommends you visit Dave at The Common Sense Show for more pertinent articles and information.

See featured article HERE

church-of-satan-460

By Andrew Carrington Hitchcock

1991

George Herbert Walker Bush
George Herbert Walker Bush
Gulf War Syndrome
Gulf War Syndrome

Following the Iraqi invasion of Kuwait on August 2nd, 1990, on January 16th of this year the United States and Britain began an aerial bombing campaign of targets within Iraq.  On 24th February the ground campaign commences which lasts 100 hours until on February 28th when a horrendous war crime occurs. This crime is the slaughter of 150,000 Iraqi troops with fuel air bombs.  These Iraqis are fleeing on a crowded highway from Kuwait to Basra.  President George Herbert Walker Bush orders United States military aircraft and ground units to kill these surrendering troops, who are then bulldozed into mass unmarked graves in the desert, some of whom are still alive.

President Bush then orders a cessation of hostilities.  What was the significance of this slaughter and President Bush declaring the war over on this day?  Well it was the day the, “Day of Purim,” fell on this year.  This the day the Jews celebrate their victory over Ancient Babylon, now based within the borders of Iraq and a day when the Jews are encouraged to get bloody revenge against enemies, which Purim declares are basically all non-Jews.

Of approximately the 697,000 American servicemen and women deployed to the Persian Gulf during Operation Desert Storm, some 40,000 end up dead and a further 400,000 end up suffering from various maladies associated with what has become known as Gulf War Syndrome

It is subsequently discovered that the military obtained 800,000 chemical and biological protective suits from the Isratex Company of Rainelle, W.V., which were defective, and contained holes and tears, that can allow in sufficient biological or chemical material to kill the person wearing it. Isratex, which netted $44 million in defence contracts in the late 1980’s and early 1990’s to make these protective suits, declared bankruptcy in 1995.  For committing this genocide on American soldiers, for nothing more than financial gain, this is how the United States judicial system dealt with the principals of Isratex. Abe Brin, the former president, receives four months detention, three years supervised release and a $4,000 fine.  His brother, Yehudah Yoav Brin (who had been a fugitive until he was captured at JFK airport), receives six months plus one day in jail, two years supervised release and a $40,000 fine.  Zvi Rosenthal, formerly the company’s production manager, has to serve six months home detention, three months probation and receives a $20,000 fine.

The real reason for this war in Iraq is revealed in Victor Ostrovsky’s book, “The Other Side Of Deception,” in which he states on page 315,

“What the Mossad really feared was that Iraq’s gigantic army, which had survived the Iran-Iraq war and was being supplied by the West and financed by Saudi Arabia, would fall into the hands of a leader who might be more palatable to the West and still be a threat to Israel.

The first step was taken in November 1988, when the Mossad told the Israeli foreign office to stop all talks with the Iraqis regarding a peace front.  At that time, secret negotiations were taking place between Israelis, Jordanians, and Iraqis under the auspices of the Egyptians and with the blessings of the French and the Americans.  The Mossad manipulated it so that Iraq looked as if it were the only country unwilling to talk, thereby convincing the Americans that Iraq had a different agenda.

By January 1989, the Mossad LAP (Israeli psychological warfare) machine was busy portraying Saddam as a tyrant and a danger to the world.  The Mossad activated every asset it had, in every place possible, from volunteer agents in Amnesty International to fully bought members of the U.S. Congress.  Saddam had been killing his own people, the cry went; what could his enemies expect?  The gruesome photos of dead Kurdish mothers clutching their dead babies after a gas attack by Saddam’s army were real, and the acts were horrendous.  But the Kurds were entangled in an all-out guerrilla war with the regime in Baghdad and had been supported for years by the Mossad, who sent arms and advisers to the mountain camps of the Barazany family; this attack by the Iraqis could hardly be called an attack on their own people…

The media was supplied with inside information and tips from reliable sources on how the crazed leader of Iraq killed people with his bare hands and used missiles to attack Iranian cities.  What they neglected to tell the media was that most of the targeting for the missiles was done by the Mossad with the help of American satellites.  The Mossad was grooming Saddam for a fall, but not his own.  They wanted the Americans to do the work of destroying that gigantic army in the Iraqi desert so that Israel would not have to face it one day on its own border.  That in itself was a noble cause for an Israeli, but to endanger the world with the possibility of global war and the deaths of thousands of Americans was sheer madness.”

On March 20th, under pressure from the Rabbinical Chabad Lubavitch movement, the 102nd Congress of the United States passes Public Law 102-14 to designate March 26th, 1991, as “Education Day, U.S.A,” in respect of educating the public to the seven Noahide Laws from the Talmud, which are merely what the Pharisees, derived from specific passages in the Torah.  Furthermore they are laws that only non-Jews have to follow.

The focus of Public Law 102-14 being an, “Education Day,” is merely a smokescreen to fool the public into believing that the seven Noahide Laws were not actually passed into law within this act.  Instead the Jews want the public to believe that this public Law only introduced a one off, not annual, day of March 26th this year to educate people about this subject.  However, it is rapidly obvious that a government sponsored one-off education day does not require a law passed to ensure its implementation!  Therefore, these laws were passed March 20th, in readiness for when the United States Courts wish to use them, and these seven laws are:

  1. Avodah zarah – Do not worship false gods.
  2. Shefichat damim – Do not murder.
  3. Gezel – Do not steal (or kidnap).
  4. Gilui arayot – Do not be sexually immoral (forbidden sexual acts are traditionally interpreted to include incest, bestiality, male homosexual sex acts and adultery.)
  5. Birkat Hashem – Do not, “bless God,” euphemistically referring to blasphemy.
  6. Ever min ha-chai – Do not eat any flesh that was torn from the body of a living animal (given to Noah and traditionally interpreted as a prohibition of cruelty towards animals).
  7. Dinim – Do not permit oppression or anarchy to rule. Set up a system of  honest, effective courts, police and laws to uphold the last six laws.

These laws are the bedrock for Jewish supremacism, as they forbid the worship of any God but their own God, Satan.  This is revealed in law number one, “Do not worship false gods,” which, coming from the Jewish Talmud, means any Gods the Jews don’t recognize, such as Jesus Christ and the Prophet Mohammed.  The Talmud states the penalty for disobedience of these laws to be as follows,

“One additional element of greater severity is that violation of any one of the seven laws subjects the Noahide to capital punishment by decapitation – Sanhedrin 57A.”

ACLU

Strangely enough these laws or the, “Education Day,” linked to them receives no criticism from the American Civil Liberties Union (ACLU) which one would have expected, as not only do they represent the enforcement of a particular religion’s edicts upon all non-Jewish people, but they also violate the ACLU’s long held belief in the separation of Church and State.

At the Bilderberg Conference on June 6th to 9th of this year, in Baden-Baden, Germany, David Rockefeller (a Rothschild) makes the following statement,

The Washington Post
New York Times
TIME Magazine

“We are grateful to the Washington Post, the New York Times, Time Magazine, and other great publications whose directors have attended our meetings and respected their promises of discretion for almost 40 years.  It would have been impossible for us to develop our plan for the world, if we had been subjected to the lights of publicity during those years.

But the world is now more sophisticated and prepared to march towards a world government.  The super-national sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practised in past centuries.”

 

1992

Paul A. Volker
Paul A. Volker

In March, former Federal Reserve Board Chairman, Paul A. Volker becomes Chairman of the European banking firm, J. Rothschild, Wolfensohn and Co.

Stephen Bryen, caught offering confidential documents to Israel in 1978, is found to be serving on the board of the pro-Israeli Jewish Institute for National Security Affairs while continuing as a paid consultant, with security clearance, on exports of sensitive US technology.

“The Samson Option,” by Seymour M. Hersh reports,

“Illicitly obtained intelligence was flying so voluminously from LAKAM (a secret Israeli intelligence unit, a Hebrew acronym for Scientific Liaison Bureau) into Israeli intelligence that a special code name, JUMBO, was added to the security markings already on the documents. There were strict orders, Ari Ben-Menashe recalled, ‘Anything marked JUMBO was not supposed to be discussed with your American counterparts.’”

The Wall Street Journal reports that Israeli agents apparently tried to steal Recon Optical Inc’s top-secret airborne spy-camera system.

Boris Yeltsin
Boris Yeltsin

Privatisation begins in earnest in Russia.  As a result of this, through corruption, the vast wealth of Russia ends up in the hands of the so-called, “Seven Oligarchs,” all of them new billionaires who backed Boris Yeltsin with money and media support.  The seven are, Boris Berezovsky, Vladimir Gusinsky, Mikhail Khodorkovsky, Mikhail Friedman, Alexander Smolensky, and Pyotr Aven, all Jewish, and one Russian, Vladimir Potanin.  Potanin would be used as the others’ public liaison to the government.

What aid Russia receives from the West, goes straight to the Jewish banking cabal also.  This is revealed when the Washington Times reports that Russian President, Boris Yeltsin, who was upset that most of the incoming foreign aid was being siphoned off, stated it was going,

“Straight back into the coffers of Western Banks in debt service.”

The third world debtor nations who had borrowed from the World Bank, pay 198 million dollars more to the central banks of the developed nations for World Bank funded purposes than they receive from the World Bank.  This only goes to increase their permanent debt in exchange for temporary relief from poverty which is caused by the payments on prior loans, the repayments of which already exceed the amount of the new loans.

This year Africa’s external debt had reached 290 billion dollars, which is two and a half times greater than its level in 1980, and has resulted in deterioration of schools, deterioration of housing, sky-rocketing infant mortality rates, a drastic downturn in the general health of the people, and mass unemployment.

On September 16th Britain’s pound collapses when currency speculators led by Rothschild agent, Ashkenazi Jew, George Soros, borrow pounds and sell them for Deutsche Marks, in the expectation of being able to repay the loan in devalued currency and to pocket the difference.

This results in the British Chancellor of the Exchequer, Norman Lamont, announcing a rise in interest rates of 5% in one day and as a result drives Britain into a recession which lasts many years as large numbers of businesses fail and the housing market crashes.

This is right on cue for the Rothschilds’, as after they had privatised Britain’s state owned assets during the 1980’s, and driven their share price up, they now took advantage of the collapse in the market so they could buy them up for pennies on the pound, a carbon copy of what Nathan Mayer Rothschild did to the British economy 180 years before, in 1812.

It cannot be overstated that the Chancellor of the Exchequer at that time, Norman Lamont, prior to becoming a MP, was a merchant banker with N. M. Rothschild and Sons, who he joined after reading Economics at Cambridge.

 

1993

Norman Lamont leaves the British government to return to N. M. Rothschild and Sons as a director, after his mission to collapse the British economy to profit the Rothschilds’ is accomplished.  After Labour come to power under Tony Blair in 1997, Norman Lamont is given further recognition for his sterling work in crashing the British economy when he is made Lord Lamont of Lerwick.

Paul Findley
Paul Findley

Former Congressman, Paul Findley publishes his seminal book, “Deliberate Deceptions: Facing the Facts About the U. S. Israeli Relationship.”  In this book he lists the 65 United Nations Member Resolutions against Israel from the period 1955 to 1992, and the 30 United States vetoes on Israel’s behalf which if not made would have seen Israel have 95 resolutions against them at this point.

No matter, even with Israel’s puppet, the United States, helping them terrorise others, the 65 Resolutions passed against Israel are more than all the Resolutions passed against all other countries combined.

Not that Israel care too much about the views of the United Nations when you consider that less than two weeks after Israel’s attack on the USS Liberty (an attack designed to sink the Liberty and blame it on Egypt prompting the United States into a war with Egypt on behalf of Israeli lies, remember the Mossad motto, “By Way Of Deception, Thou Shalt Do War”), the Israeli Foreign Minister, Aba Eban, stated of the United Nations, as reported in the New York Times, June 19th 1967,

“If the General Assembly were to vote by 121 votes to 1 in favour of Israel returning to the armistice lines (pre June 1967 borders), Israel would refuse to comply with the decision.”

The Anti-Defamation League (ADL) is caught operating a massive spying operation on critics of Israel, Arab-Americans, the San Francisco Labor Council, International Longshore and Warehouse Union (ILWU) Local 10, Oakland Educational Association, National Association for the Advancement of Coloured People (NAACP), Irish Northern Aid, International Indian Treaty Council, the Asian Law Caucus and the San Francisco Police.

Data collected (which included more than 10,000 names and confidential information concerning right-wing Christians, conservatives and Moslems in America) is sent to Israel and in some cases to South Africa.  Pressure from Jewish organizations forces the city to drop the criminal case, but the ADL settles a civil lawsuit for an undisclosed amount.

On July 25th, Israeli forces launch, “Operation Accountability,” against Southern Lebanon in response to an attack by Hezbollah forces which killed seven Israeli troops in Northern Israel.  This takes the form of a week long series of air strikes in which 130 Lebanese civilians are killed and another 300,000 are forced to flee their homes.  

Steven Spielberg
Steven Spielberg

Jewish director, Steven Spielberg releases his Jewish propaganda, “tour de force,” “Schindler’s List,” which will go on to receive lavish praise from the Jewish controlled media, and earn him the best director Oscar from the Jewish controlled Hollywood.

It is important to note here, a very interesting line that wasn’t properly quoted in the film.  This is where Schindler is depicted lamenting how few Jews he had been able to save from a Nazi labour camp, and then a little, old Jewish man says to him, “In our holy book, the Talmud, it says that if you save just one life, it is as if you have saved the entire world.”

Wrong!  What the exact wording in the Talmud actually states, is that if you save just one “Jewish” life, it is as if you have saved the entire world.  It must never be forgotten that according to the Talmud, the lives of non-Jews have absolutely no value at all.

 

1994

Steven Spielberg
Baruch Kappel Goldstein

In Israel, on February 25th, the Day of Purim, Dr. Baruch Kappel Goldstein, who served as a physician in the Israeli Defense Force (IDF), and is a direct descendant of Rabbi Shneur Zalman of Liadi, the founder of the Chabad Lubavitch movement, enters the Cave of the Patriachs mosque during prayers and kills 29 Muslims and wounds 125 others.  He does this by shooting them with an automatic weapon.  He is eventually overpowered by the survivors and beaten to death.

At the inquiry two Israeli army guards testify that Goldstein did not act alone, and even the gun found on his body did not match the gun he went into the mosque with.  Nevertheless the inquiry decides that Goldstein acted alone.  Almost immediately Goldstein’s grave becomes a place of pilgrimage for many Jews.  Indeed, the Local Religious Council of Kiryat Arba declares the gravesite a memorial and a properly constituted cemetery.  Sidewalks, spotlights, streetlights, a cupboard with prayer books and pedestals with candles are installed by supporters.  This is the inscription on his gravestone,

“Here lies the saint, Dr. Baruch Kappel Goldstein, blessed be the memory of the righteous and holy man, may the Lord avenge his blood, who devoted his soul to the Jews, Jewish religion and Jewish land.  His hands are innocent and his heart is pure.  He was killed as a martyr of God on the 14th of Adar, Purim, in the year 5754.”

Only two days after Goldstein’s massacre, Rabbi Yaacov Perrin, states,

“One million Arabs are not worth a Jewish fingernail.”

Another Jewish spiritual leader, Rabbi Yitzhak Ginsburg, who is also the head of the Kever Yossev Yeshiva Talmudic school in Nablus, also sings the praises of the Goldstein massacre, which he calls,

“a fulfillment of a number of commands of Jewish religious law….Among Goldstein’s good deeds, as enumerated, are….taking revenge on non-Jews, extermination of the non-Jews who are from the seed of Amalek….and the sanctification of the Holy Name.”

Poland demands the extradition of Jew, Solomon Morel from Israel, for, “Crimes Against Humanity.”  Morel was a commandant of a concentration camp at Swietochlowice, in Poland, after World War 2.  This concentration camp housed Polish men, women and children who were of German descent, and had subsequently had their property seized by the Jewish Communist authorities.

Among the charges that Morel is accused of are:

  1. That he murdered babies by bashing their heads against stone walls.
  2. He bludgeoned inmates to death with stools and clubs.
  3. He committed torture on inmates.  His preferred method was sticking objects up an inmate’s anus.
  4. He forced women and children to parade round naked in sub-zero temperatures.
  5. He made inmates eat human faeces.
  6. He starved inmates to death.

Following these charges, the Israeli government assist Morel in fleeing to Tel Aviv, and dismiss the charges as an, “anti-Semitic plot.”  The Polish prosecutor in charge of pursuing Solomon Morel, Eva Kok, states of the Israeli authorities,

“The Israelis are extremely efficient in pursuing people they have accused of such crimes, and they must accept that other nations want to do the same.”

However, Israel refuses to extradite Morel, not that they would be able to anyway, as Israel does not extradite its citizens.  In fact Israel cannot extradite its’ citizens as the whole basis of that racist state is that the Jews are above all other races, which is why it does not and cannot form extradition treaties with any non-Jewish nations.  As a result of this, many Jewish criminals have fled to their safe haven of Israel over the years, to evade prosecution for whatever crimes they have committed around the world.    

Going back to the choice of Solomon Morel, as a concentration camp commandant, interestingly, in his book, “An Eye For An Eye,” author, John Sack, states, the following of Russia’s Jewish leader, Stalin,

“Stalin deliberately picked Jews as camp commandants in the knowledge they would show little mercy to the inmates.”

Former Mossad agent, Victor Ostrovsky, releases another book entitled, “The Other Side Of Deception,” in which he reveals the following, on page 241,

“Uri was on a cooling off period from the United States. 

‘What is the Mossad doing giving humanitarian assistance to blacks in Soweto?’  I remember asking him.  There was no logic to it; no short-term political gain (which was the way the Mossad operated) or any visible monetary advantage.

‘Do you remember Nes Siyyona?’  His question sent shivers up my spine.  I nodded.

‘This is very much the same.  We’re testing both new infectious diseases and new medication that can’t be tested on humans in Israel, for several of the Israeli medicine manufacturers.  This will tell them whether they’re on the right track, saving them millions in research.’

‘What do you think about all this?’  I had to ask.

‘It’s not my job to think about it.’”

Nelson Rolihlahla Mandela
46664 was Nelson Mandela’s prison number when he was incarcerated on Robbin Island, Cape Town for 18 years.
Harry Frederick Oppenheimer
Harry Frederick Oppenheimer
Albie Sachs
Albie Sachs
Yossel Mashel Slovo
Yossel Mashel Slovo
Thabo Mbeki
Thabo Mbeki
Govan Mbeki
Govan Mbeki

Nelson Mandela, who served 26 years in prison for amongst other things, 193 counts of terrorism committed from 1961 to 1963 and had stated at his trial in 1964,

“I do not deny that I planned sabotage,”

is elected President of South Africa to a fanfare of media sycophancy worldwide, as the Jewish owned media praise the historic day that a black man is elected to run South Africa. 

What they fail to mention is that Mandela who incidentally prior to his incarceration wrote the pamphlet, “How To Be A Good Communist,” has simply been put there to ensure there is no disruption to the running of South Africa by the Rothschild Oppenheimer family and in particular their gold and diamond mining interests.

Indeed the current head of the Oppenheimer family, Harry Oppenheimer, owns 95% of the world’s diamond mines.  Isn’t it surprising that the Jewish media fail to inform their readers why, if the blacks in South Africa are getting Africa for the Africans, all the gold and diamond mines, ie. the wealth of South Africa, is still controlled by Jews.

Communism was of course invented for the Rothschilds’ by Moses Mordechai Levy, more commonly known by his Crypto-Jew name of Karl Marx, which makes it no surprise that the African National Congress (ANC) in South Africa was guided by two Communist Jews, Albie Sachs, and Yossel Mashel Slovo (Joe Slovo).  Indeed, when Nelson Mandela’s ANC took over South Africa, Slovo was named Minister of Housing.

Communism is designed to concentrate the wealth in the hands of the few Jews at the top (plus in this case, the odd token black man), whilst the population of the country they have usurped is left in poverty.  It therefore should come as no surprise that none of the mineral wealth controlled by Rothschild front men, the Oppenheimer family, is returned to the black people and instead, South Africa, far from becoming free, experiences a dramatic decrease in living standards for the black population, and rapidly declines to the status of the world’s most violent and crime-ridden country.  AIDS infection soars to at least 25% of the black population and Mandela’s successor, Thabo Mbeki, son of one of the terrorists jailed alongside Mandela, Govan Mbeki, after he succeeds Mandela as President, states that poverty, not HIV is the cause of AIDS.

This results in confusion to a population who under so-called freedom have seen crime levels and poverty soar, and in their desperation in the realisation the government won’t help them, have resorted to witchdoctors who advise that sex with a virgin will cure them of AIDS.  This, in a country which already boasts statistics of one rape every 26 seconds, now sees incidences of sex with babies less than six months old soar. 

Interestingly, the Jewish Talmud legitimizes sex with girls under the age of three and justifies it in the Mishnah of Kethuboth 11a, because, apparently, according to the Jewish Rabbis’, it is like putting your finger in the baby girl’s eye and just as tears come to the eye again and again, so does virginity come back to the baby girl.

1995

Victor Ostrovsky
Victor Ostrovsky
Yosef "Tommy" Lapid
Yosef “Tommy” Lapid
Rupert Murdoch
Rupert Murdoch

On October 21st, former Mossad agent Victor Ostrovsky, who published two books exposing the activities of the Mossad, appears on a Canadian breakfast television show, “Canada AM,” with Israeli journalist Yosef Lapid, the former head of Israeli television, also on the program via satellite link.  Lapid had already called for the Mossad to seek Ostrovsky out in Canada and kill him for writing his revealing books.  However this time, Lapid states live on the show that as Israel’s Mossad could not kill Ostrovsky in Canada without causing diplomatic incident,

“I hope that there would be a decent Jew in Canada who would do the job for us.”

Ostrovsky decides to sue in a Canadian court Yosef Lapid for inciting his murder and, “Canada AM,” for airing his incitement to the public.  However, Ostrovsky is unable to find any lawyer in Canada who will take the case.  Ostrovsky then has the last portion of his advance, $46,000, withheld by his publisher Harper Collins (owned by Jew, Rupert Murdoch), against advertising.  Ostrovsky informs Harper Collins that this was not in their contract to which they reply, “Sue Us!”

The collective Jewish harassment goes on. Ostrovsky’s daughter, a television producer, is denied a job she had been offered at a Vancouver television station after its Toronto head office learns of her relationship to Ostrovsky.  Ostrovsky’s Canadian publisher cancels the publication of his new book and some time after that, his home is burnt to the ground in an arson attack.

Former atomic energy scientist, Dr Kitty Little claims the Rothschilds’ now control 80% of the world’s uranium supplies giving them a monopoly over nuclear power.

The Defense Investigative Service circulates a memo warning US military contractors that,

“Israel aggressively collects (United States) military and industrial technology.”

The report states that Israel obtains information using,

“ethnic targeting, financial aggrandizement, and identification and exploitation of individual frailties,”

of United States citizens.

1996

Weaknesses in US Security Arrangements With Foreign-Owned Defense Contractors
Weaknesses in US Security Arrangements With Foreign-Owned Defense Contractors

A General Accounting Office report, Defense Industrial Security: Weaknesses in US Security Arrangements With Foreign-Owned Defense Contractors,” finds that according to intelligence sources, “Country A,” (identified by intelligence sources as Israel, Washington Times, February 22nd 1996),

“conducts the most aggressive espionage operation against the United States of any US ally.”

The Jerusalem Post (August 30th 1996) quotes the report,

“Classified military information and sensitive military technologies are high-priority targets for the intelligence agencies of this country.”

The report describes,

“An espionage operation run by the intelligence organization responsible for collecting scientific and technologic information for (Israel) paid a U.S. government employee to obtain U.S. classified military intelligence documents.”

The Washington Report on Middle East Affairs (Shawn L. Twing, April 1996) noted that this was,

“a reference to the 1985 arrest of Jonathan Pollard, a civilian US naval intelligence analyst who provided Israel’s LAKAM espionage agency an estimated 800,000 pages of classified U.S. intelligence information.”

The GAO report also notes that,

“Several citizens of (Israel) were caught in the United States stealing sensitive technology used in manufacturing artillery gun tubes.”

An Office of Naval Intelligence document, “Worldwide Challenges to Naval Strike Warfare,” reports that,

“U.S. technology has been acquired (by China) through Israel in the form of the Lavi fighter and possibly SAM (surface-to-air missile) technology.”

Jane’s Defense Weekly (February 28th 1996) notes that,

“Until now, the intelligence community has not openly confirmed the transfer of U.S. technology (via Israel) to China.” 

The report noted that this,

“Represents a dramatic step forward for Chinese military aviation.” (Flight International, March 13th 1996).

On April 13th, in the course of Israel’s military offensive against Hezbollah forces in South Lebanon entitled, “Operation Grapes Of Wrath,” Israeli forces launch a rocket attack on an ambulance in Beirut, killing six civilians, two women and four children.  Israeli forces apologise, an Israeli spokesman Glyn Davies, calls it a, “terrible tragedy.” 

Less than a week later, on April 18th, Israeli commit another, “terrible tragedy,” when they deliberately shell a United Nations safe compound in the village of Qana, South Lebanon, killing 106 Lebanese civilians who had only taken refuge there on the understanding that it was an agreed non-combat area, between the fighting forces of Hezbollah and Israel.

Stanisław Woźniak
Stanisław Woźniak
Jacques René Chirac
Jacques René Chirac
Madeleine Korbel Albright
Madeleine Korbel Albright

Israel makes excuses as usual, claiming it was a “mistake,” but unfortunately history has by now proven that they are never able to enter into any sort of combat without committing some sort of war crime, or rather series of war crimes, which they always seem to have excuses for.  Major-General Stanislaw Woźniak of the United Nations Interim Force in Lebanon (UNIFIL) clearly sees it this way, as revealed in his response to Israeli excuses in which he firmly states of the Qana massacre,

“Simply, you do not attack civilians.  You do not attack UN positions.” 

Amschel Rothschild, 41, is strangled with the heavy cord of his own towel robe in his hotel room in Paris.  For some reason, the French Prime Minister, Jacques Chirac orders the French Police to close their investigation, and, Rupert Murdoch, born of a Jewish mother and so a Jew by Israeli immigration law, instructs his editors and news managers around the world to report it as a heart attack, if they need to report it at all.

On May 12th, United Nations Ambassador and Ashkenazi Jew, Madeleine Albright, when appearing on 60 Minutes, is asked the following by correspondent Lesley Stahl, in reference to the years of United States led economic sanctions against Iraq,

“We have heard that half a million children have died.  I mean, that is more children than died in Hiroshima.  And, you know, is the price worth it?”

To which Ambassador Albright replies,

“I think that is a very hard choice, but the price, we think, the price is worth it.”

Her comments cause no public outcry.  In fact, the holocaust of half a million Iraqi children is positively admired by the United States government when you consider less than eight months later, President Clinton appointed Albright as secretary of state.  Whilst appearing before the Senate Committee, who were considering her appointment, Albright is literally chomping at the bit for the blood of more Iraqi children when she states,

“We will insist on maintaining tough UN sanctions against Iraq unless and until that regime complies with relevant Security Council resolutions.”

The paper, “A Clean Break: A New Strategy for Securing the Realm,” is published, which makes the following statement that will be replaced with the cock and bull story of, “weapons of mass destruction,” to justify the United States invasion of Iraq in 2003,

“Israel can shape its strategic environment, in cooperation with Turkey and Jordan, by weakening, containing, and even rolling back Syria.  This effort can focus on removing Saddam Hussein from power in Iraq – an important Israeli strategic objective in its own right.”

The people behind this report are:  Richard Perle; James Colbert; Charles Fairbanks Jr.; Douglas Feith; Robert Loewenberg; David Wurmser; and Meyrav Wurmser.

Marlon Brando
Marlon Brando

On Larry King Live in April, actor, Marlon Brando, makes the following statement,

“Hollywood is run by Jews.  It is owned by Jews, and they should have a greater sensitivity about the issue of people who are suffering because they’ve exploited them.”

As a result of this statement, the Jewish Defense League immediately demand Brando’s star be removed from the Hollywood Walk of Fame, but, fearing a public outcry, the Hollywood Chamber of Commerce refuses to do this.

1997

On February 20th, the New York Times reports that an Army mechanical engineer, Ashkenazi Jew, David A. Tenenbaum, “inadvertently,” gave classified military information on missile systems and armoured vehicles to Israeli officials.

The Washington Post also reports that United States intelligence has intercepted a conversation in which two Israeli officials had discussed the possibility of getting a confidential letter that then Secretary of State, Warren Christopher had written to Palestinian leader Yasser Arafat.

One of the Israelis, identified only as, “Dov,” had commented that they may get the letter from, “Mega,” the code name for Israel’s top agent inside the United States.

United States ambassador to Israel, Martin Indyk, complains privately to the Israeli government about heavy-handed surveillance by Israeli intelligence agents.

Israeli agents place a tap on Ashkenazi Jew and daughter of a Rabbi, Monica Lewinsky’s, phone at the Watergate and record phone sex sessions between her and President Bill Clinton. The Ken Starr report confirms that Clinton warned Lewinsky their conversations were being taped and ended the affair.  Interestingly, at the same time, the FBI’s hunt for, “Mega,” is called off.

Edgar Bronfman, chairman of the World Jewish Congress, effectively extorts one and a half billion dollars from Switzerland for alleged holocaust victims who he claimed had deposited their money there.  He has no proof, but the Swiss government give in as Bronfman is one of President Clinton’s largest financial backers and they fear the diplomatic consequences of their failure to do so.

Interestingly, this year a seventeen member tribunal based in Zurich is set up to investigate the identities of the 5,500 foreign accounts and 10,000 Swiss accounts that have lain dormant since the end of the World War 2, which subsequently discovers that only 200 accounts, containing a total of approximately ten million dollars, less than one percent of the one and a half billion dollars extorted by Bronfman, could be traced back to alleged holocaust victims.

Does Bronfman give the Swiss back the other 99% of the one and a half billion dollars?  Of course not, and incidentally some six years later he has given almost nothing to the alleged holocaust victims he claimed the money was for.  Bronfman simply misappropriated his ill gotten gains that he had fraudulently obtained in his demands of justice for alleged holocaust victims.

Less than two months before Tony Blair comes to power in England, another interesting entry can be found in HANSARD, 5th March 1997, volume 578, No. 68, columns 1869-1871, in which the Earl of Caithness is recorded as having stated,

“The next government must grasp the nettle, accept their responsibility for controlling the money supply and change from our debt-based monetary system.  My Lords, will they?  If they do not, our monetary system will break us and the sorry legacy we are already leaving our children will be a disaster.”

Gideon Meir
Gideon Meir
Ehud Barak
Ehud Barak
Anton Szandor LaVey
Anton Szandor LaVey
Kofi and Nane Annan
Kofi and Nane Annan

On May 2nd, the British Labour Party Leader, Tony Blair is elected as Prime Minister.  Prior to his election, the man in charge of donations to Blair’s, “private office,” donations which reached the princely sum of seven million pounds, was none other than Blair’s tennis partner, a Jew, Michael Levy.  Furthermore, Levy agreed to raise large sums of money for the Labour Party, so long as they never became, “anti-Israel,” whilst Blair is leader.

Interestingly Blair was initially introduced to Levy at a dinner party in 1994, by Gideon Meir, a senior Israeli diplomat.  Levy has also acted as a fundraiser for Israeli Prime Minister Ehud Barak, and both his children live in Israel.  Another Jew, David Sainsbury, becomes the Labour Party’s single largest donator this year when he donated one million pounds to the party.  Co-incidentally both Levy and Sainsbury are given life peerages and become Lords, following Blair’s election victory.

On May 6th, only four days after Tony Blair’s election as Prime Minister, his Chancellor of the Exchequer, Gordon Brown, announces he is going to give full independence from political control to the Bank of England.  No change there then. 

On October 29th Edmond de Rothschild dies in Geneva. Interestingly on the exact same day Anton Szandor LaVey (real name Levy – a Crypto-Jew),  the founder of the Church of Satan also dies, who in his book, “Satan Speaks,” states in relation to the Jewish blueprint for world domination, “The Protocols of the Elders of Zion,”

“The first time I read the Protocols of the Elders of Zion, my instinctive reaction was, so what’s wrong with THAT?  Isn’t that the way any master plan should work?  Doesn’t the public deserve – nay, demand – such despotism?”

Kofi Annan becomes Secretary General to the United Nations.  He is married to Nane Lagergren, a Rothschild, who he wed in 1984.

In Los Angeles, a major local, state and federal drug investigation sours.  The suspects in this investigation?  Israeli organized crime with operations in New York, Miami, Las Vegas, Canada, Israel and Egypt.  This Israeli organized crime network was involved in cocaine and ecstasy trafficking, alongside sophisticated white-collar credit card and computer fraud.  To the astonishment of the investigating officers, the Israelis under investigation had the investigators beepers, cell phones, even home phones under surveillance.  Some of the network who were arrested even admitted to having hundreds of telephone numbers and using them to avoid arrest.

AMDOCS
Converse Infosys

The investigators look at where this information may have come from and they soon stumble upon the Israeli firm AMDOCS which has a virtual monopoly in the United States on telephone billing services, and upon checking their own phone system for how they could have been wiretapped, they discover their main contractor was Converse Infosys another Israeli firm which works closely with the Israeli government.

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Download audio files: Part 1 (7,2 MB) Part 2 (7,3 MB), or play them online ♪

Andy Hitchcock wrote a timeline of the Rothschild family. There is also a PowerPoint presentation of his timeline, in case you want to give a talk about it:
DarylBradfordSmith_Rothschild.htm

Hitchcock also wrote a timeline of the bankers.

Andrew’s home page is http://thesynagogueofsatan.com/

The news reports make it appear as if the wonderful, loving bankers are helping you and I, but this is not to help us. No, this is to help this Zionist criminal network.

See featured article here

TLB recommends you visit The French Connection for more great/pertinent articles and information.




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