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Archive for August, 2012

2007-2008 collapse keeps on giving.  Click to listen.

Banks now have legal precedent to steal customer funds.  That includes big banks, small banks and credit unions.

Read it here…http://occupycorporatism.com/customer-deposits-are-property-of-the-bank-close-your-account-now/

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Justice will eventually come to the banks and the government

When I was young, I used to be a democrat/liberal/progressive.  Full of ignorant idealism, believing in good guys and bad guys and falling in love with the concepts and philosophies of the left; I became closed minded all the while claiming to be open minded.   But then, god forbid, I eventually cast off my Darwinism, partially because of logical and philosophical and presuppositional inconsistencies.  This left me vulnerable and I became a Christian (not a Calvinist – most people confuse the two).

Rejection of liberalism opened my mind, which I was told by other liberals that it was already opened.  They were closed minded too.

This really opened my mind to see another side of the story and lead me to investigate things I never would have.  Eventually I saw the evils of collectivism (socialism, fascism, and communism).  Collectivist forms of government are easily the most destructive and blood thirsty forms of government times 100 fold when compared to the Spanish inquisition or free-market capitalism.  So I became a conservative/republican.

Collectivism promoted by progressives is far more destructive.

Also eventually I figured out that republicans and democrats where pretty much following the same moronic game plan.  They both expand government.  They just want to spend the money on different things.  At first it looked like warfare vs. welfare, although that line has blurred here pretty much too.  It really turned out to be neo-cons masquerading as constitutional conservatives, which they are not.  So I became a libertarian (classical liberalism) because I began studying Austrian economics.

Constitutional Conservative or Neo-Con? Not just CISPA, but ACTA SOPA PIPA Patriot Act NDAA HR347 NDRP. Way to go Michelle.

I learned a lot from the Austrians.  Once you start learning real economics (as apposed to Keynesian “economics”) you cannot ever go back to collectivism and you see right through the crap served up by the neo-cons and the partially co-opted Tea Party and the Wall street “occupiers”.  You see government and politicians as nothing more than liars and swindlers and the monetary powers as their puppet masters.  So I’m now looking at anarchism.

Always rightly predicting where an economy will go and for the right reasons.  Their warnings unheeded.

Libertarian is a good place to start, especially if you want to be on the governments watch list.  But it does lack certain moral presuppositional underpinnings, assuming that the height of human motivation is enlightened self-interest, but it is a great place to start and far better than the socialism vs. neo-con dichotomy.

Debt, more government, more plunder, insolvency, protector of banks, warmongers. Liars and morons and idiots, oh my!

But I found anarchism to have an attractiveness because society has become full of injustice in the form of plundering the US citizen by the financial sector (BANKS) and the government who protects them.  While the average citizen-sheep is caught up with the left vs. right dialogue or are too busy amusing themselves with iPhones and American idol, the real issues are only slowly surfacing.  Most people do not want to be bothered or just want to live in their happy little isolated world.  So they reject the truth about the currents of economic disaster rapidly coming their way.  Heads in the sand will not stop reality from coming of course so most will perish when it does come but not without first turning to violence, even in amerika.

The problem with bomb-throwing anarchism is that I am now 60 and can no longer throw the bomb far enough nor run away fast enough.

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I told my teacher our government lies to everybody and I got sent to the principal’s office.Miles Franklin blog, 16-year old reader, “Amy” (my new hero)

Americans are no longer self-reliant frontiersmen; they’re now mostly dependent, inert and overweight consumers. You never hear people referred to as “producers,” just as “consumers” − as if that were a good thing. The government is a major factor in their lives, and they like it. You can’t cut Social Security because a huge swath of Americans are living on it and most retirees have no other assets or income. Doug Casey 

Hey Keynesians, Wealth is created when we produce more than we consume, not the other way around.  Everything else is just debt. – Barnacle Bill

Obama’s secret service code name – “MasterCharge” – Anonymous ZeroHedge reader

Religion requires faith in things that cannot be proven – and thus, serves a useful role in society.  However, politics generate faith in proven liars, thieves, and ne’er do wells, creating mosaics with ZERO relationship to reality.  Ranting Andy Hoffman

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Perversion: Calling good evil and evil good

A Lightning War for Liberty

It’s now becoming overt.  The meme emanating rapidly from the mainstream media is that the U.S. military is a threat to the nation!  It sounds very 1984 and backwards, but what isn’t these days.  What really captured my attention is a very clever and dangerous article published by Reuters titled “U.S. Army battling racists within its own ranks.”  It sounds benign enough at first and as you continue to read it all seems pretty reasonable.  Who wants crazy racists running around the armed forces?  Nobody. That said, there is a tone throughout that clearly attempts to make the sheeple public suspicious about returning veterans, which is bothersome in its own right considering these young men and women are being sacrificed daily by the elite power structure that would never dip their dainty little toes anywhere near any action.

Still, the article didn’t really get me concerned until the section where…

View original post 279 more words

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What do we call a power center that enables and enforces neofeudal exploitation and predation? We call it evil. The Federal Reserve is a force of evil that should be abolished at once. Its purpose–enabling and enforcing a neofeudal transfer of wealth from the productive many to the unproductive, parasitic few–is evil. Those within it are serving evil. Those who defend it are serving evil. Those who worship its power are serving evil. Those who mask its true nature are also serving evil.

Read the rest here

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We pursue and place value on what we desire.  That is the true study of economics and free markets.  But men always seem to find a way to distort and corrupt by their endless thirst for control.  The most vile and evil forms of control are the ones that look most innocent.  It is when the devil appears as an angel of light.  It is called Fractional Reserve Banking.

Economic policy makers across the political spectrum, including some commonly labeled “extreme” by more centrist politicians, are unwilling to acknowledge that fractionally reserved banking systems are the true source of the past generation’s credit build-up, the economic malaise it necessitated, the growing economic hardship it is creating, and the inescapability from deteriorating economic conditions through conventional policy means. The list challenges American policy makers to publicly identify and make illegal fractional-reserve banking, and further challenges them to lead the world in adopting sound money and credit practices that returns economic power to global economic actors following commercial rather than financial incentives.  Tyler Durden, Zero Hedge.

Remove fractional reserve bank and guest what?

  • There would be no need for Glass-Steagall.  Almost all regulations, including Glass-Steagall are reactions to abuses by financial institutions.  These abuses almost entirely have their root in credit expansion via fractional reserve banking.
  • Nearly all depressions, recessions and “panics” (as they used to be called) have been caused by banking credit expansion.  The famous Boom-Bust or business cycle which the FED was charted to prevent (stabilization), has been a complete failure because the FED’s power is the ability to expand credit or increase the money supply.  The FED’s real role was to protect and enrich the financial interests at the expense of the private citizens by a slow transfer of their wealth through controlled inflation.  It was not to maintain a healthy economy beyond preventing inflation from creating another bust.   (See The Case Against the FED by Rothbard)
  • The banking system, their protectors in government, and the large financial To-Big-To-Fail institutions would now be able to continually transfer wealth from the individual to their balance sheets.  Americans, and indeed the people of the entire world, are being knowingly plundered by this cartel of banks, politicians, government  bureaucrats, and the monolithic corporations that play ball with the banking interests.
  • There would be no need for the IRS.  The IRS was brought into existence at virtually the same time as the Federal Reserve System.   The architects of the FED wanted the banking system directly backstopped by the taxpayer in the event that they failed to prevent a bust and had to have the banking system bailed out.   However the new tax base plus access to nearly unlimited bank credit provided a near endless source of liquidity for politicians.  Social vision and central planning soon replaced fiscal responsibility.  Politicians soon discovered and used the expanding budget to make endless promises to buy votes, start wars, and expand the control of empire.  And the people quickly discovered how to drink from the federal tit.

“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the Public Treasury. From that moment on, the majority always votes for the candidate promising the most benefits from the Public Treasury with the result that a democracy always collapses over loose fiscal policy always followed by dictatorship.”  Alexander Fraser Tyler, “The Decline and Fall of the Athenian Republic” 

  • Supporters of fractional reserve banking often claim that government expansion was necessary for the overall growth of the economy.  Noting that while the dollar may have declined in value, wages have also gone up, exceeding the pace of official inflation, and have led to great infrastructure projects, discoveries, and exploration that just would not have been possible without government spending.  But they cannot see what would have happened if all the stolen wealth had remained in private hands and been directed by market forces.  This is elementary economics 101 called “Economics in one Lesson” by Henry Hazlitt available here for free .  They also overlook the biggest period of growth in this country came long before the FED, IRS and the vast expansion of vision of social engineers, central planners and our all-wise bureaucratic hordes that come with them.

If the money is not honest, nothing else can be.  What has government done to your money.

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Americans are told that “their” government cannot afford to help them because of the budget deficit and the burden on our grandchildren. But Americans see the trillions of dollars that are lavished on banksters, on wars, and on Homeland Security. Why is a police state and another attack on another Muslim country more important than keeping Americans in their jobs and in their homes?

Why indeed?

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