Burning down the house?
Government leaders said that massive bailouts were necessary. Were they right?
The New York Times wrote on July 16th:
In retrospect, Congress felt bullied by Mr. Paulson last year. Many of them fervently believed they should not prop up the banks that had led us to this crisis — yet they were pushed by Mr. Paulson and Mr. Bernanke into passing the $700 billion TARP, which was then used to bail out those very banks.
In his latest trend forecast, Gerald Celente writes:
It was the familiar fear tactic — one that had worked in the past and would work again — an economic version of the Bush/Cheney argument for the Iraq War. The people were told that Saddam Hussein had weapons of mass destruction and ties to Al Qaeda. If he wasn’t stopped, the next cloud would be a mushroom cloud.
The pretense was different but the game was the same: instill fear in a panicked public and they will follow their leader, regardless of how shallow the reasoning or how big the lie.
Just as the nation was hurried to war before it could be proven that Saddam Hussein had no weapons of mass destruction or Al Qaeda ties, so too there was no time to debate what might happen if the “too big to fail” failed…
While the national pastime of “follow the leader” is always the path of least resistance, it comes at a high cost … financial ruin and/or war and death. In either case, when disaster strikes, the followers typically absolve themselves of any direct moral responsibility for both the outcome and for the role they played in allowing it to happen.
Celente is over-the-top, right? Tin foil hat time, right?
Well, maybe. But Congressmen Brad Sherman and Paul Kanjorski and Senator James Inhofe all say that the government warned of martial law if Tarp wasn’t passed:
Bait And Switch
Indeed, the Tarp Inspector General has said that Paulson misrepresented some fundamental aspects of Tarp.
And Paulson himself has said:
During the two weeks that Congress considered the [Tarp] legislation, market conditions worsened considerably. It was clear to me by the time the bill was signed on October 3rd that we needed to act quickly and forcefully, and that purchasing troubled assets—our initial focus—would take time to implement and would not be sufficient given the severity of the problem. In consultation with the Federal Reserve, I determined that the most timely, effective step to improve credit market conditions was to strengthen bank balance sheets quickly through direct purchases of equity in banks.
So Paulson knew “by the time the bill was signed” that it wouldn’t be used for its advertised purpose – disposing of toxic assets – and would instead be used to give money directly to the big banks? But he didn’t tell Congress before they voted to approve the Tarp legislation? Does that mean that Paulson either actively misrepresented the purpose of the legislation or else committed a lie by omission – holding his tongue even though the fundamental idea behind his bill had changed?
It was a bait-and-switch, whether or not it was an intentional one.
The House Next Door
And while I have never heard of Obama and Bernanke’s “house next door” speeches before, Celente does a good job of describing them and then pulling the rug out from under their rationale:
Asked why taxpayers should be forced to foot the bill to bail out banks, brokerages, insurance companies and other institutions that had made bad bets, Mr. Obama responded, “You know, if my neighbor’s house is on fire, even if they were smoking
in the bedroom or leaving the stove on, right now my main incentive is to put out that fire so that it doesn’t spread to my house.”
When asked the same question seven months later, Ben Bernanke resorted to the same illegitimate analogy: “If you have a neighbor, who smokes in bed. And he’s a risk to everybody. If suppose he sets fire to his house, and you might say to yourself, ‘I’m not gonna call the fire department. Let his house burn down. It’s fine with me.’ But what if your house is made of wood? And it’s right next door to his house? What if the whole town is made of wood? Well, I think we’d all agree that the right thing to do is put out that fire first, and then say, ‘What punishment
is appropriate? How should we change the fire code? What needs to be done to make sure this doesn’t happen in the future? How can we fire proof our houses?’ That’s where we are now. We have a fire going on.”
Comparing a neighbor’s house on fire to spending trillions to bail out failed financial institutions is a totally fraudulent, puerile and transparent analogy … one that happened to be accepted without question by the entire media and foisted upon the public as the logic of the wise.
“Smoking in bed” and “the house on fire” bore no relationship to the reality. More to the point, what if your neighbor is a compulsive gambler who lost his fortune in Vegas and is now losing his house? Should the “whole town” be taxed for generations to come so that your neighbor is able to retain possession of his McMansion? And for his gross failures, should he be further rewarded with millions in “executive compensation” so he can travel first class back to Vegas to continue his wasteful, profligate ways?
Preventing the Next Fire
The bottom line is this. If the fire at the neighbor’s house was threatening your house, wouldn’t you want his matches taken away? Especially if he had lit fires that had burned down other houses in the past?
Unfortunately, as I have previously pointed out, Obama’s proposed economic regulations are like a law which makes arson illegal, but exempts convicted arsonists.
The top independent economists warn that the economy will not stabilize – and hundreds of billions or trillions of additional dollars will need to be thrown at the giant banks and financial companies – unless the fundamental problems are actually addressed and fixed. They agree that – to date – Obama, Summers, Geithner, Bernanke and the rest of the boys have not done so.
Indeed, I would argue that the government is actually handing out matches by encouraging the financial giants to hide the extent of their toxic assets (through funny accounting and the continued use of SIVs), restart the shadow banking system, re-lever up, and engage in new types of financial schemes such as securitization of life insurance policies.
As I wrote a year ago, by trying to put out the raging fires of deleveraging, the government was ensuring that they would grow and wipe out the whole forest.
And as former head BIS economist William White wrote recently, we have to resist the temptation to blow another bubble every time the economy gets in trouble:
Forest fires are judged to be nasty, especially when one’s own house or life is threatened, or when grave harm is being done to tourist attractions. The popular conviction that fires are an unqualified evil reached its zenith after a third of Yellowstone Park in the US was destroyed by fire in 1988. Nevertheless, conventional wisdom among forest managers remains that it is best to let natural forest fires burn themselves out, unless particularly dangerous conditions apply. Burning appears to be part of a natural process of forest rejuvenation. Moreover, intermittent fires burn away the undergrowth that might accumulate and make any eventual fire uncontrollable.
Perhaps modern macroeconomists could learn from the forest managers. For decades, successive economic downturns and even threats of downturns (“pre-emptive easing”) have been met with massive monetary and often fiscal stimuli…
Just as good forest management implies cutting away underbrush and selective tree-felling, we need to resist the credit-driven expansions that fuel asset bubbles and unsustainable spending patterns. Recent reports from a number of jurisdictions with well-developed financial markets seem to agree that regulatory instruments play an important role in leaning against such phenomena. What is less clear is that central bankers recognise that they might have an even more important role to play. In light of the recent surge in asset prices worldwide, this issue needs urgent attention. Yet another boom-bust cycle could have negative implications, social and political, stretching beyond the sphere of economics.
Whoever started the fire in the first place, and whether or not there was really a crisis which required bailouts the first time around, the fact is that the government is ensuring more – and – bigger fires in the future.
Want to know what WebBot is?
Find out in this interview that Heinrick Palmgren has with its’ creator, Cliff High!
According to film maker James Fox, if Gary McKinnon had just waited until October 19th, 2009, he wouldn’t be in as must trouble as he is with the American Federal Empire:
Computer hacker Gary McKinnon could be
facing 70 years in prison for hacking into government UFO files. He should
have just waited until Monday, October 19th @ 9 p.m. ET/PT when investigative
filmmaker James Fox (of FCZ Media) provides answers on the UFO phenomenon in
his feature-length documentary I Know What I Saw airing exclusively on The
History Channel. Fox assembled the most credible UFO witnesses from around
the world to testify at The National Press Club in Washington D.C. For the
first time, Air Force Generals, astronauts, military and commercial pilots,
and government and FAA officials from seven countries speak out on national
television, providing shocking evidence that UFOs are real.
Narrated by James Fox, I Know What I Saw traces sightings and reports
worldwide. Testimony includes high-ranking military personnel, pilots and
astronauts from France, England, Belgium, Chile, Peru, Iran and the United
States who all call on the U.S. Government to re-open its investigation into
UFOs – which the Air Force shut down over 30 years ago.
In I Know What I Saw, filmmaker James Fox uncovers new details of a UFO
landing at an American Air Force base in the UK. U.S. Air Force Col. Charles
Halt recently admitted, “In December 1980 I was involved in a multi night
incident where a UFO landed, was touched, photographed and departed rapidly.
Two nights later, five or more intelligently controlled objects, assumed to be
extraterrestrial, returned to the area and were witnessed by numerous people.”
Air Force Sergeant, James Penniston, copied strange markings from the landed
UFO which filmmaker James Fox has analyzed by an expert symbologist for the
very first time. The results are startling.
Senator John McCain and Arizona Governor Fife Symington reveal their efforts
to investigate the infamous “Phoenix lights” sighting. “I believe that our
government should take an active role in investigating this very real
phenomenon,” said Symington, who was himself a witness to the reported mile
wide craft seen by thousands in Arizona while he was governor.
For more information about James Fox and I Know What I Saw go to
I don’t how much truth was gleaned from Fox’s interviews, but interviewing the above listed people would go a long way toward some credibility in the study of UFOs.
But until the subject is studied under the same empirical scrutiny that SETI or others are given, all we have amounts the same as religious stygmata.
Here’s some of the week’s NWO news that I’m starting to catch up on.
Iran is completely within it’s rights as a signee of the Nuclear Non Proliferation Treaty to want electrical generation from nuclear power plants, and is showing the west it can counter every move in this demonization game. But watch how the true axis of weasels, Israel, the US and Brits, crudely move the goalposts again.
“Iran agreed in principle today to export much of its stock of enriched uranium for processing and to open its newly revealed enrichment plant to UN inspections within a fortnight.
The agreements, struck at negotiations in Geneva with six major powers, represented the most significant progress in talks with Tehran in more than three years, and offered hope that the nuclear crisis could be defused, at least temporarily.”
Iran to Allow IAEA Inspectors into Nuclear Plant
“Iran says it will allow inspectors from the International Atomic Energy Agency into its newly disclosed uranium enrichment plant.
Iran’s nuclear chief, Ali Akbar Salehi, said Saturday on Iranian state television the timing of the visit will be worked out with the IAEA.”
Iran Agrees to Meet with World Powers Again
And here’s an example of moving the goalposts.
Never mind that Iran is a member of NPT. Never mind that the IAEA says Iran isn’t building nuclear weapons.Forget that Iran has opened up it’s facilities for inspection. (While Israel hasn’t) Dismiss the fact that Iran will be sending most of it’s enriched uranium out of country for processing.
The ziofascists demand that Iran has to prove a negative:
West gives Iran three months to prove it does not want nuclear weapons
Think how truly stupid that headline is. Say you don’t like asparagus. I insist you do. And then I arbitrarily give you some time frame of my choosing for you to prove to me that you don’t like asparagus. Just how the hell are you supposed to do that, aside from continuing not to eat the stuff?
I really love the asparagus analogy.
I do like asparagus though.
The NWO elite excel in diversion tactics and like all good Three Card Monte practitioners, the so-called “Iranian Nuclear Crisis” is meant to take the eye off the ball of Israeli war crimes against the Palestinians.
Via Global Research:
World events have taken an interesting turn recently, with the Goldstone report, which wreaked havoc in the beginning of the week being nearly completely overshadowed by Iran’s revelation of another nuclear facility, according to diplomats in Vienna on September 25.
The Iran nuclear threat – although theater is a more suitable term – was highlighted repeatedly, first by US President Barack Obama during a UN speech on September 23, then again by Israeli Prime Minister Benjamin Netanyahu the next day. The latter came armed with maps and relentlessly provoked Holocaust memories, following the ever so predictable, albeit insensitive and deceptive pattern.
This charade was meant to distract from the nearly 600 page UN report, prepared by South Africa judge Richard Goldstone and others, dedicated mostly to Israeli war crimes in Gaza.
Confirming that Israel wantonly used weapons, including illegal weapons, against a defenseless civilian population in Gaza and going so far to say that Israel did not only commit war crimes, but indeed may have also committed crimes against humanity, the findings of the report were all set by the wayside. The report was utterly rebuked by Netanyahu and his ilk, arrogantly disregarded and shelved.
Concurrently, Israel’s official statement regarding the IAEA’s pressure on Israel to sign on to the Non-Proliferation Treaty was that Israel “deplored” such a notion. The Israeli conceit may be redundant, but is as ever infuriating.
Many of Israel’s devoted supporters accused the Goldstone mission of fabricating conclusions before the investigations even came to a close.
And so yet again, Israel unhesitatingly established that they it’s above the law, promptly and successfully turning the world’s attention to the greater menace: Iran.
It seems that President Obama is also learning some painful lessons regarding the balance of power between the US and Israel, going into negotiations in Washington this past week – along with Palestinian Authority President, Mahmoud Abbas – with a strong stance for the complete freeze of all settlement activity, and ending with clear and potent calls for the Palestinians to continue down the road of diplomacy inspite of Israel’s refusal to consider the option of adhering to international law. In the words of Israeli writer, Uri Avnery, “No point denying it: in the first round of the match between Barack Obama and Binyamin Netanyahu, Obama was beaten.”
One of the goals of the NWO (a stated goal BTW) is the break-down of the American middle class and to bring down Americans more ‘in line’ with most of the world’s population, whom happen to be pretty poor.
The overall poverty rate in the US rose to 13.2 percent in 2008, as workers across all sectors of the economy became jobless and increasing numbers of families were forced into destitution, according to a new government report. Real median household income also declined by 3.6 percent.
The report released Tuesday, part of the US Census Bureau’s American Community Survey, is the most recent to measure the recession’s impact on working class families and the poor. Based on the changes between 2007 and 2008, the first full year of the recession, its findings do not reflect increases in poverty and joblessness this year as the consequences of the crisis have become even more acute.
The official poverty rate of 13.2 percent in 2008 was up from 12.5 percent in 2007. This figure translates into 39.8 million people in poverty across America. The official poverty level is set at $22,000 annually for a family of four with two children or $12,000 for an individual, an absurdly low threshold. This means that far more people than indicated by the survey do not have adequate resources to pay for food, shelter, medical care and other basic necessities.
The poverty rate rose across virtually all demographic groups. Poverty among Hispanics climbed from 21.5 percent in 2007 to 23.2 percent in 2008. Non-Hispanic whites saw poverty rise from 8.2 percent in 2007 to 8.6 percent in 2008, while poverty among Asians was up from 10.2 percent in 2007 to 11.8 percent in 2008. African-Americans were the only group where poverty remained statistically unchanged at a staggering 24.7 percent, or about one in four people.
The Census Bureau reported a rise in poverty in 31 states and the District of Columbia. Two of the four most populous states—California and Florida—saw poverty rates rise by 1 percent, to just over 13 percent in each state.
Connecticut saw the largest increase in poverty, rising to 9.3 percent, with an additional 1.4 percent of the state’s population living in poverty. Connecticut’s proximity to Wall Street, the center of the financial collapse, contributed to the state’s poverty as spending cuts by bankers and other financial employees in the New York City suburbs were reflected in declines in income for the lowest paid workers.
William Frey, a demographer at the Brookings Institution, commented in an interview, “People don’t go from being a CEO or a hedge fund manager into poverty, but there is a trickle-down effect when these groups of people start to cut back on their spending. In many places, the first people to go when things get tight are the lowest-earning workers.”
This is disgusting in the light of bankster and financier bail-outs which enable these criminals to give themselves million dollar bonuses.
People mistake Obama as the start of all this, but this isn’t the case. This has been going on for almost 100 years since Woodrow Wilson sold us down the river to form the Federal Reserve.
Thomas Jefferson warned us 200 years ago. Obviously we forgot it.
“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
From Blacklisted News:
The basic tenets of conservatism were sound before it was turned into a rabid fundamentalist religion. Everyone wants clean air, water and good food and that has nothing to do with governments or its policies. Most people believed in a common sense approach when it came to their world until the beginnings of the industrial revolution. There were many who believed that the world was developing too quickly, having too many children and the earth resources would dry up completely. It was a craze like no other. In the late 1960’s and early 70’s that craze turned into a mass consciousness called environmentalism. This was radically different from its sister conservatism. Environmentalism unleashed upon the populace a mass hysteria and had its leaders demanding the governments of the world initiate policies to correct the damage that was done. This craze was furthered by drawing upon legitimate grass roots issues like pollution. They cast a very wide net in their attempts and later would ‘come up with the idea’ of global cooling, global warming and later climate change which of course covers all the bases so that they wouldn’t be proved wrong.
“To summarize the Malthusian doctrine, there can never be more people than there is food for. There will not be less, because man, like every other animal, tends to increase in numbers… The straightforward way of striking the balance is nature’s method of creating an excess and then killing it off by plague or starvation. Malthus himself, and other more recent writers also, have attempted to propose solutions which should allow us to escape from this threat, but nobody has found one which is at all convincing. –Charles Galton Darwin(The Next Million Years)”
“It is clear that current lifestyles and consumption patterns of the affluent middle class — involving high meat intake, consumption of large amounts of frozen and convenience foods, use of fossil fuels, appliances, home and work-place air-conditioning, and suburban housing — are not sustainable. A shift is necessary toward lifestyles less geared to environmentally damaging consumption patterns.” –Maurice Strong
Environmentalism spread like wildfire but behind the scenes there were think tanks such as the Club of Rome, Sierra Club and the World Resources Institute which turned environmentalism on its head and decided that mankind itself is the problem. This brings us back to Thomas Malthus who spoke of limits of growth, eugenics, and depopulation. If mankind is the problem what is the solution? Of course it is not all humanity that will suffer just the uncivilized proletariat; the intellectuals must survive to fulfill their goals. Now, knowing that these ideas are not new what policies do we see today that are in line with their project?
“In Nature organic growth proceeds according to a Master Plan, a Blueprint. According to this master plan diversification among cells is determined by the requirements of the various organs; the size and shape of the organs and, therefore, their growth processes are determined by their function, which in turn depends on the needs of the whole organism. Such a ‘master plan’ is missing from the process of growth and development of the world system. Now is the time to draw up a master plan for organic sustainable growth and world development based on global allocation of all finite resources and a new global economic system” –Club Of Rome(Mankind At The Turning Point)
The truth is that most environmentalists do not understand the nomenclature, the history or the real architects behind their cause. It sounds good, feels good and they see that it is something that they can take pride in. The upper echelon engineers of the environmental movement have created their own language which seems fairly innocuous but serves a purpose in its different byzantine meanings. The words Sustainable Development comes to mind. A house is a sustainable development as it sustains life and keeps us from the elements but they have their own ideas of what sustainable really is. On a rudimentary level sustainable means rigidly earth friendly. Living in rural areas is not earth friendly, they want every last one of us living in high rise urban slums so that the animals can roam freely without being disturbed by ‘humanity’.
“Civilization has taught man how to live in dense crowds, and by that very fact those crowds are likely ultimately to constitute a majority of the world’s population. Already there are many who prefer this crowded life, but there are others who do not, and these will be gradually eliminated. Life in the crowded condition of cities has many unattractive features, but in the long run these may be overcome, not so much by altering them, but simply by changing the human race into liking them.” –Charles Galton Darwin(The Next Million Years)
“The Wildlands Project, which proposes to make 50% of the continent of North America uninhabitable, appears to be going “wild” all across the nation. Reports from California, South Carolina, Virginia, and almost every state in between are reporting huge chunks of their state being designated.” –Joyce Morrison
“…that at least half of the land area of the 48 conterminous states should be encompassed in core reserves and inner corridor zones (essentially extensions of core reserves) within the next few decades…. Nonetheless, half of a region in wilderness is a reasonable guess of what it will take to restore viable populations of large carnivores and natural disturbance regimes, assuming that most of the other 50 percent is managed intelligently as buffer zones. Eventually, a wilderness network would dominate a region…. with human habitations being the islands. The native ecosystem and the collective needs of non-human species must take precedence over the needs and desires of humans.” –Wildlands Project
“…Community Sustainability Infrastructures [designed for] efficiency and livability that encourages: in-fill over sprawl: compactness, higher density low-rise residential: transit-oriented (TODs) and pedestrian-oriented development (PODs): bicycle circulation networks; work-to-home proximity; mixed-use-development: co-housing, housing over shops, downtown residential; inter-modal transportation malls and facilities …where trolleys, rapid transit, trains and biking, walking and hiking are encouraged by infrastructures.” –U.N. Conference on Human Settlements
It isn’t by surprise that rural areas are turning into ghost towns due to the structure of the new superhighways and many cities are being destroyed because we have to ‘shrink to survive’. Citizens are easily manageable when they live in gated urban dwellings. The cities are being designed in order so that there is no need to own your own car which is based on the European Model. I am sure you will be happy reducing your carbon footprint while living in a capsule.
“A massive campaign must be launched to de-develop the United States. De-development means bringing our economic system into line with the realities of ecology and the world resource situation.” –Paul Ehrlick
“Global Sustainability requires the deliberate quest of poverty, reduced resource consumption and set levels of mortality control.” –Maurice King
It isn’t enough for the elite that you live and work in a cubicle; they want to control your usage of water, electricity, food and more. That is where the grid comes in, the smart grid technology. The smart grid system plans to control all of your utilities and monitor their usage against the ‘sustainable’ projections to determine if you or your family is a net consumer or producer. This is the scientific dictatorship at work. Prepare yourself for peak usage and heavy tax and fees for power users and perks for those who recycle and play by the new rules. The smart grid is an integrated system which goes hand in hand with cell technology so I am sure that your vehicle mileage and condition will come in to play as well.
“We need to get some broad based support, to capture the public’s imagination…So we have to offer up scary scenarios, make simplified, dramatic statements and make little mention of any doubts…Each of us has to decide what the right balance is between being effective and being honest.” –Stephen Schnieder
“A cancer is an uncontrolled multiplication of cells; the population explosion is an uncontrolled multiplication of people. We must shift our efforts from the treatment of the symptoms to the cutting out of the cancer. The operation will demand many apparently brutal and heartless decisions.” –Paul Ehrlick
“Childbearing should be a punishable crime against society, unless the parents hold a government license. All potential parents should be required to use contraceptive chemicals, the government issuing antidotes to citizens chosen for childbearing.” –David Brower(Sierra Club)
Before I am summarily lynched with hemp rope by zealots with a cause, I want to say that I think there can be sound common sense policies to protect the environment. We want the best for our world. There is nothing stopping us from doing our part to keep our cities from turning into corporate landfills. Don’t worry about the world just yet, focus on your own town and move outward. Sustainable development and freedom cannot coexist. How dare you deny us of our right to pursue our own happiness. You cannot pursue happiness working four jobs to put food on the table and you cannot pursue happiness when these unelected sycophants decide that you can’t live as you see fit. Draw your line in the sand or it will be drawn for you by someone you’ve never met.
A colleague and myself had just this very conversation this morning, only it concerned the space program and its place in the terms of ‘sustainability.’
I have grandchildren. What gives these ‘human-haters’ the right to determine if my grandchildren have their own children and grandchildrens’ right to exist or not?
If they want to take themselves and their descendents out of the gene pool, they’re welcome to it, that’s their right.
But they don’t have the right to decide for myself or other people.
From American Free Press:
Bilderberg found President Obama a Willing Wilkie at its June, 2008 meeting in Chantilly, Va. near Washington. They were reassured when he chose their boy, Harold Koh, a strong advocate of the U.S. accepting the ICC, as the State Department’s top lawyer.
In the Penn State Law Review, Koh wrote sneeringly of “nationalists” who oppose surrendering sovereignty to international institutions, including the ICC. He praised the “transnationalist faction” on the Supreme Court and the wisdom of the jurists for their rejection of the “nationalist faction.”
“Generally speaking, the transnationalists tend to emphasize the interdependence between the United States and the rest of the world, while the nationalists tend instead to focus more on preserving American autonomy,” Koh wrote. “The transnationalists believe in and promote the blending of international and domestic law, while nationalists continue to maintain a rigid separation of domestic from foreign law.”
The “transnationalists view domestic courts as having a critical role to play in domesticating international law into U.S. law, while nationalists argue instead that only the political branches can internalize international law,”
Koh wrote. “Transnationalists believe that U.S. courts could and should use their interpretive powers to promote the development of a global legal system, while the nationalists tend to claim that U.S. courts should limit their attention to the development of a national system.”
The development of a more international interpretation of law is a step toward a world court, but let’s take this a step at a time, shall we.
I don’t think people would take such a dim view of internationalism as they do now if they had a say in what goes on. Our supposed “representatives” are firmly in the back pockets of international mega-corporations who historically have held a dim view of human rights dating back to the First Gilded Age. The international governing system in place now is not United Nations “socialism”, for what little that’s worth, despite what misinformed people say. The global system in place currently resembles Mussolini’s “corporate fascism” and it is very effective in funneling the world’s hard material currency to the top 5% of the already wealthiest families and individuals.
Now some folks like Bill and Melinda Gates who practice philantropy have indeed scattered some of their money throughout the world in worthy causes, but nothing like the wealth that still enters their coffers, so they’re still ahead of the game.
But at least they make the attempt. Or make it look good anyway. Others are blatant in their contempt of the human race.
Ordinary people are noticing this world governace more and more every day, mainly through the efforts of individuals like Tucker and Estulin via the Internet.
And the people see that they have very little to gain by an international system that they have no say in and is bleeding them dry daily.
It’s no wonder the Bilderberg Group hide what they do. If the ideas they propose are detrimental to most of the world’s inhabitants, they need to be exposed and exposed now!
There’s a lot of people who think this is just a conspiracy-whacko-tinfoil hat-wearing bunch of crap and it can be blown out of proportion at times. And the Bilderbergs aren’t totally united in their agendas, there are factions who disagree with each other vehemently.
But take the time to look around you sometime and count the number of international corporations there are (and financial institutions especially) and study what they do and where they invest your money (if you have any at all!).
Is it whacko conspiracy theory?
Read this excellent article by Andrew G. Marshall of GlobalReasearch.ca:
Bilderberg’s Plan in Action?
Reorganizing the Federal Reserve
Following the Bilderberg meeting, there were several interesting announcements made by key participants, specifically in regards to reorganizing the Federal Reserve. On May 21, it was reported that US Treasury Secretary Timothy Geithner “is believed to be leaning heavily towards giving the Federal Reserve a central role in future regulation,” and “it is understood that the Fed would take on some of the work currently undertaken by the US Securities and Exchange Commission.”
On Wednesday, May 20, Geithner spoke before the Senate Banking Committee, at which he stated that, “there are important indications that our financial system is starting to heal.” In regards to regulating the financial system, Geithner stated that, “we must ensure that international rules for financial regulation are consistent with the high standards we will be implementing in the United States.”
Bloomberg reported that, “The Obama administration may call for stripping the Securities and Exchange Commission of some of its powers under a regulatory reorganization,” and that, “The proposal, still being drafted, is likely to give the Federal Reserve more authority to supervise financial firms deemed too big to fail. The Fed may inherit some SEC functions, with others going to other agencies.” Interestingly, “SEC Chairman Mary Schapiro’s agency has been mostly absent from negotiations within the administration on the regulatory overhaul, and she has expressed frustration about not being consulted.”
It was reported that “Treasury Secretary Timothy Geithner was set to discuss proposals to change financial regulations last night at a dinner with National Economic Council Director Lawrence Summers [who was also present at Bilderberg], former Fed Chairman Paul Volcker [also at Bilderberg], ex-SEC Chairman Arthur Levitt and Elizabeth Warren, the Harvard University law professor who heads the congressional watchdog group for the $700 billion Troubled Asset Relief Program.” The Federal Reserve is a privately owned central bank, owned by its shareholders, consisting of the major banks the make up each regional Fed bank (the largest of which is JP Morgan Chase and the Federal Reserve Bank of New York). This plan would essentially give a privately owned bank, which has governmental authority, the ability to regulate the banks that own it. It’s the equivalent of getting a Colonel to guard a General to whom he is directly answerable. Talk about the fox guarding the hen house. It is literally granting ownership over the financial regulator to the banks being regulated.
Today is July 4th, 2008, the 232nd anniversary of the Declaration of Independence and the transformation of the Thirteen North American British Colonies into the United States of America.
Perhaps it is time to ponder if we are truly “independent” in any real interpretation of the word.
According to the online dictionary, yourdictionary.com, the definition of independent is, “the state or quality of being independent; freedom from the influence, control, or determination of another or others.”
Hmmm, think about that for a moment, “freedom from the influence, control, or determination of another or others.”
Can you think of any situation in your life right at this moment where you can apply the above statement truthfully and honestly?
And no, not in the etheric ‘spiritual’ sense either, in the actual three dimensional space you’re currently occupying.
You can’t, can you, if you’re honest with yourself. I’m certainly not. If you’re an ordinary working shmuck like me, you have to answer to your boss at work, spouse and children at home, friends and perhaps most of all, society and the GOVERNMENT.
Now people in this country are perhaps the most delusional in the history of “Western” civilization. We believe that we are “The Chosen” by God, like the Jews, to spread our form of culture throughout the world and “enlighten” the unwashed masses to our way of “freedom” and “democracy.”
And we actually still believe we have freedom, democracy and a “Republic” here, and that the ‘government’ still answers to the people, despite the evidence to the contrary over the past eight years!
The rest of the planet laughs at us, because they see the Emperor of the World has no clothes, while we picture ourselves wearing the finest vestments of gold, silver and jewels.
Psychopathic. Sociopathic. Schizophrenic. Genocidal. Delusional.
Just plain nuts.
And who fools us into thinking we are “independent?”
I could go over a litany of globalist elites who actually run the government and the planet here, things I have gone over and over again in the past. But I won’t. I will give a list of things that everyday people will recognize immediately though that directly impact their lives:
1. The IRS. Need I say more?
2. OPEC/ExxonMobile/Chevron/British Petroleum, etc. Need I say more on that?
3. Department of “Homeland” Security/FEMA. This government agency takes away the complete illusion of ‘freedom’ during a perceived national emergency. Homeland = Fatherland = Motherland. Get a clue.
4. NAFTA/CAFTA/SPP/WTO. Trade agreements made and signed over the past 16 years without a vote from citizens and instituted without the knowledge thereof. Effectively gave the manufacturing capability of the nation away to places where no labor or environmental laws exist. But we still have the industrial ability to make weapons of mass death and sell them. Not everyone has those high paying jobs though, thank goodness.
5. Wal-Mart. Globalist company du jour. China’s biggest customer and dumper of el cheapo stuff on the American public. Most of which can only afford to buy anyway since all good paying manufacturing jobs went to China!. Viscious circle!
I could go on all day, but you get the point here. The United States and its citizens are no longer independent in any true sense, but are instead one big cog in the ever growing globalist machine that is going to enslave us all.
Awareness is growing, but not fast enough I fear.
We need to awake from the bread and circuses we are being fed and once again be the independent people we claim to be.
Or the idea of Independence will once again be a memory for another 6000 years.