Jun 07

AIPAC1

- A Terrible Price to Pay (Veterans Today, June 7, 2014):

In 1913 The City of London Zionist private Central Bankers successfully hijacked the American Monetary Production and Distribution System.

This was done by use of  stealth, bribery and massive political influence and was completely illegal despite any and all claims to the otherwise.

This terrible Treason and Sedition by top USG Officials placed complete control over the whole American economy in the hands of the World Zionists (WZs) and their International Crime Syndicate, the IZCS.

This essentially gave the WZs control over all the personal property, the fruits of labor and production of almost every normal American and all their futures with NO oversight of Congress or any institution of the USG at all, NONE.

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Jun 05

gold-123

The Gold Conspiracy (ZeroHedge, June 5, 2014):

As increasingly more conspiracy ‘theories’ become conspiracy ‘facts’, The History Channel discusses “The Gold Conspiracy” in this brief documentary.

As The History Channel introduces:

Gold. It is one of the most precious metals in the world. A glittering commodity so rare that people will go to great lengths to obtain it. But who sets the price? And what are the secret methods to control its value? Uncover the clandestine world surrounding the highly prized precious metal. How much gold does the United States really have–and where is it locked away? Is the American government overstating the amount of gold in its reserves to create the mystique of financial superiority?

Continue reading »

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Jun 02

Alan Greenspan:

“There is no other agency of government which can over-rule actions that we take.”

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Jun 02

Aaaand it’s gone!



Added: Jan 8, 2014

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May 30

- Still Think the Fed Isn’t Fueling Inflation? Check Out This Chart (Washington’s Blog, May 30, 2014)

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May 28

Dollar-Purchasing-Power-1913-to-2013

- 16 Reasons Why the United States is Going to Hell in a Handbasket (The Survivalist Blog, May 14, 2014):

A couple of weeks a go after expressing an urgency to put our preps into high-gear, several readers asked why that I felt so strongly, about it, and why I felt the “the end” was getting close. I think that is a good and reasonable question, so I decided to do a write up, and offer an explanation. As you can see, I don’t think any one problem or event will cause the collapse of the American empire, but a number of separate but interlocking events and issues.

Another point to consider is that the U.S. government has the resources, and inside information that would allow them to foretell when a major disaster or complete collapse is coming and they have been prepping and building underground bunkers on a mass scale and despite the fact our tax dollars are being used to build those bunkers we are not invited. Continue reading »

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May 27

H/t reader squodgy:

“This is strange.

Seems the Bonds were dumped and the Rothschilds through the JP Morgan channel have bought them under a shell trader to prop up the US Fed….again Rothschild & JP Morgan plus Goldman Sachs.”


- Who Is The New Secret Buyer Of U.S. Debt? (Alt-Market, May 21, 2014):

On the surface, the economic atmosphere of the U.S. has appeared rather calm and uneventful. Stocks are up, employment isn’t great but jobs aren’t collapsing into the void (at least not openly), and the U.S. dollar seems to be going strong. Peel away the thin veneer, however, and a different financial horror show is revealed.

U.S. stocks have enjoyed unprecedented crash protection due to a steady infusion of fiat money from the Federal Reserve known as quantitative easing. With the advent of the “taper”, QE is now swiftly coming to a close (as is evident in the overall reduction in treasury market purchases), and is slated to end by this fall, if not sooner. Continue reading »

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May 26

- Jim Rickards: “It Could Be A Failure To Deliver Physical Gold,” “Physical Gold Is Disappearing, There’s A Mountain of Paper Gold. . . . So A Failure to Deliver Could Cause Panic Buying of Gold.” (InvestmentWatch, May 23, 2014):

And what might be the first snowflake to move? 

“It could be a failure to deliver physical gold,” Rickards suggested. “Physical gold is disappearing, there’s a mountain of paper gold. . . . So a failure to deliver could cause panic buying of gold.”

http://www.moneynews.com/StreetTalk/James-Rickards-Dennis-Kneale-Financial-Crisis-Economy/2014/05/20/id/572264/?ns_mail_uid=33506595&ns_mail_job=1570212_05222014&promo_code=crvzhkqc

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May 24

- Federal Reserve Admits Truth In Internal Memo: “Prices Continue To Rise Between 3% And 33%” (Zerohedge, May 24, 2014):

We are confused: on one hand the Fed is injecting hundreds of billions of liquidity into the market, boosting the S&P to all time highs and making the rich richer (Piketty taking Excel lessons from Rogoff notwithstanding) while the economy remains stagnant because, according to the BLS, inflation is too low, and as everyone knows the biggest lament of the impoverished middle class is that “the value of my dollar isn’t being destroyed fast enough for me to feel confident about the future.” On the other hand, the very same Federal Reserve Bank (of Chicago), just announced that as a result of “prices continuing to increase between 3% and 33%” (!), beginning May 27 it is hiking the prices in its cafeteria. So, clearly prices are rising at a 33% clip due to, how does the IMF put it, lowflation, right? Oh, and harsh weather.

 

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May 23

Inflation-Ahead

- No inflation Friday: 42.4% increase in the price of being… poor? (Sovereign Man, May 23, 2014):

One of the most intellectually disingenuous statements made by western policymakers is that inflation is tame… nonexistent.

For example, the minutes released this week from the most recent Federal Reserve policy meeting said that the Fed saw NO inflation risk in ‘fueling job growth’ [i.e. printing money].

So by their own admission, the Fed thinks they can conjure hundreds of billions of dollars out of thin air without any consequences whatsoever. Zero risk.

Every time I hear something like this it just makes my skin crawl… and I always think, “go get on a plane.”

Inflation is out there in the rest of the world. To deny its existence is massively arrogant, insensitive, and just plain wrong. Continue reading »

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May 20

Related info:

- The Elephant In The Room: Deutsche Bank’s $75 TRILLION In Derivatives Is 20 Times Greater Than German GDP


- Deutsche Bank: “Perhaps The Fed And Other Central Banks Are Controlling The Market Too Much These Days” (ZeroHedge, May 20, 2014):

Perhaps the Fed and other central banks are controlling the market too much these days with their guidance. In the old days central banks used to like to create an element of surprise to ensure that markets didn’t become complacent. With the crisis fresh in people’s minds, with the stock of debt still huge and with the recovery still so uncertain they feel they cannot risk creating too much uncertainty at the moment. ” – Deutsche Bank

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May 20

R.I.P.-Middle-Class

- SMOKING GUN FROM THE FEDERAL RESERVE MURDER OF THE MIDDLE CLASS (The Burning Platform, May 18, 2014):

During the bubblicious years from 2000 through 2014, while Wall Street used control fraud and virtually free money provided by the Fed to siphon off hundreds of billions of ill-gotten profits from the economy, the average middle class family saw their income drop and their debt load soar. This is crony capitalism success at its finest. The oligarchs count on the fact math challenged, iGadget distracted, Facebook focused, public school educated morons will never understand the impact of inflation on their daily lives. The pliant co-conspirators in the dying legacy media regurgitate nominal government reported income figures which show median household income growing by 30% over the last fourteen years. In reality, the real median household income has FALLEN by 7% since 2000 and 7.5% since its 2008 peak. Again, using a true inflation figure would yield declines exceeding 15%.

bens-smoking-gun

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May 18

- Russia Dumping US Treasuries? But Why the Heck in Belgium? (Testosterone Pit, May 15, 2014):

Belgium is known for its surprises. For example, it got by amazingly well for a couple of years without a national government, and without breaking apart, to the endless chagrin of a lot of people. And it has a great variety of delicious beers, which I amply tested during the three years I was there. But now, that tiny country with a tiny economy is suddenly piling up a mountain of US Treasuries.

In March, according to new data from the US Treasury Department, it added another $40.2 billion to its existing mountain of Treasuries, now at the dizzying height of $381.4 billion, or 79% of GDP!

It put the country in third place, behind the second and third largest economies in the world, export machine China ($1.27 trillion) and former export machine, now money-printer Japan ($1.20 trillion). From August last year, Treasury holdings in Belgium have ballooned by 129%!

US-Treasuries-held-in-Belgium-03-2014

What the heck is going on? Continue reading »

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May 17

bernanke


- Bernanke Shocker: “No Rate Normalization During My Lifetime” (ZeroHedege, May 16, 2014):

Forget all talk about “dots“, “6 months”, or any other prognostication from the Fed’s new leadership about what will happen in the near and not so near future. For the real answer prepare to shelve out the usual fee of $250,000 for an hour with the Chairsatan, or read Reuters’ account of what others who have done so, have learned. The answer is a stunner.

“At least one guest left a New York restaurant with the impression Bernanke, 60, does not expect the federal funds rate, the Fed’s main benchmark interest rate, to rise back to its long-term average of around 4 percent in Bernanke’s lifetime. “Shocking when he said this,” the guest scribbled in his notes. “Is that really true?” he scribbled at another point, according to the notes reviewed by Reuters.”
To think one could have read Zero Hedge for free for the past 5 years and gotten the same answer (time for a pop quiz: pumping liquidity into a closed system in perpetuity is i) inflationary or ii) deflationary?). But no, one would rather pay Bernanke’s former annual salary in less than an hour to get the answer from the same person who infamously stated that “subprime was contained”, that “there is no housing bubble”, and that he doesn’t buy the premise of house price declines as there has never been a “decline of house prices on a nationwide basis.

Still, one can’t blame Bernanke for providing a service that the market (one market the former chairman didn’t manage to break with his central planning spree, unlike all other markets) demands. Alan Greenspan waited only a week after his departure before addressing a private dinner hosted by Lehman Brothers, the investment bank whose collapse in 2008 sent the financial crisis into high gear.

Bernanke’s private dinners, all of which cost around $250,000 began near the end of March, roughly two months after his retirement. Continue reading »

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May 16

Dr. Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University.

- The Fed Is The Great Deceiver — Paul Craig Roberts and Dave Kranzler (Paul Craig Roberts, May 12, 2014):

Is the Fed “tapering”? Did the Fed really cut its bond purchases during the three month period November 2013 through January 2014? Apparently not if foreign holders of Treasuries are unloading them.From November 2013 through January 2014 Belgium with a GDP of $480 billion purchased $141.2 billion of US Treasury bonds. Somehow Belgium came up with enough money to allocate during a 3-month period 29 percent of its annual GDP to the purchase of US Treasury bonds.

Certainly Belgium did not have a budget surplus of $141.2 billion. Was Belgium running a trade surplus during a 3-month period equal to 29 percent of Belgium GDP?

No, Belgium’s trade and current accounts are in deficit.

Did Belgium’s central bank print $141.2 billion worth of euros in order to make the purchase?

No, Belgium is a member of the euro system, and its central bank cannot increase the money supply.

So where did the $141.2 billion come from? Continue reading »

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May 10

- When $1.2 Trillion In Foreign Bank Funds In The US Dissipate (Testosterone Pit, May 9, 2014):

It fits the pattern of gratuitous bank enrichment perfectly, but this time, the big beneficiaries of the Fed are foreign banks. A JPMorgan analysis, cited by the Wall Street Journal, figured that in 2014 the Fed would pay $6.74 billion in interest to the banks that park their excess cash at the Fed – half of that amount, so a cool $3.37 billion, would line the pockets of foreign banks with branches in the US.

This is where part of the liquidity ends up that the Fed has been handing to Wall Street through its bond purchases. Currently, the Fed requires that banks keep a minimum balance of $80.2 billion at the Fed. Banks can keep up to $88.2 billion at the Fed as part of the “penalty-free band.” In theory, as “penalty-free” implies, there’d be a penalty on balances above $88.2 billion.

But the total balance was $2.66 trillion in April, up from $2.62 trillion in March and from $1.83 trillion a year ago. The balances in excess of the “penalty-free band” have reached $2.57 trillion. The highest ever. The penalty on that?
Continue reading »

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May 09

- When Asked if the U.S. is a Capitalist Democracy or Oligarchy, Janet Yellen Can’t Answer… (Liberty Blitzkrieg, May 8, 2014):

During yesterday’s Senate hearings, Janet Yellen was asked by Senator Bernie Sanders if the U.S. was a capitalist democracy or has morphed into an oligarchy. While readers of this site already know the answer to this question, which was recently proved empirically by a Princeton and Northwestern academic study, it was still stunning to note her unwillingness to answer the question.

I will give her some credit for not flat out lying about it. She inherently understands that the U.S. is a corrupt, shameful oligarchy, but as head of the institution most responsible for this transformation she simply cannot tell the truth. It is incredible that things have fallen so far that a U.S. Senator felt compelled to ask such a question, and even worse that such a powerful official couldn’t vehemently and decisively deny the claim.

Where I take exception with Sanders, is that he appears to live under some strange sort of hypnosis that makes him think only Republican oligarchs are problematic. Of course no sane person should draw any serious distinction between establishment Democrats or Republicans. Furthermore, he also makes the mistake of focusing on the 1%, when the real problem resides in a far smaller  0.01%, which I described in my post: Where Does the Real Problem Reside? Two Charts Showing the 0.01% vs. the 1%.

See for yourself:

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May 07

- David Einhorn “I Asked Bernanke Questions, And The Answers Were Frightening” (ZeroHedge, May 6, 2014):

Ben Bernanke may be gone from the helm of the world’s most centrally planned economy, but his ample cluelessness remains. David Einhorn, president of Greenlight Capital, better known for comparing QE to jelly donuts and who recently confirmed what we have been saying for a long time that the second dotcom bubble is here, spoke with Bloomberg TV covering a wide range of topics, but what caught our attention was his synopsis of a private dinner he had with Chairsatan-emeritus Ben Bernanke, on March 26.

What he found, in his own words, is disturbing. Continue reading »

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Apr 29


Added: Apr 25, 2014

Description:

Trends Guru and forecaster extraordinaire Gerald Celente joins Sheila Zilinsky the Weekend Vigilante on his plan for a one-two punch to the globalist agenda and we take back the greatest country in the world

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Apr 24

Flashback:

- This Is The Government: Your Legal Right To Redeem Your Money Market Account Has Been Denied – THE SEQUEL

- The US Government Is Preparing For Collapse: Your Legal Right To Redeem Your Money Market Account Has Been Denied


- Must Read: Fed Employees Rollout A Bold Idea To Trap The Entire Country’s Wealth (Common Dreams, March 24, 2014):

Free market economists are not going to be happy about this…

A major financial news source just published shocking details about a research report by two employees at the Federal Reserve Bank. The 36-page report applauds the use of “capital controls” in global markets.

If you’re unfamiliar with the term “capital controls,” it’s probably because we tend to avoid them in the United States in favor of a free market economy.

Continue reading »

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Apr 23

H/t reader M.G.:

“New, and more important topic……junk bond inflows have ceased…….even worse, more mutual funds are invested in them than ever before………..the system is imploding, and it is happening now.”


- Junk Loans Record Inflows Halting; How Concerned Should You Be? (Bloomberg, April 23, 2014):

What happens when unprecedented flows into the $1.1 trillion junk-loan market stop? Investors may be about to find out.

Investors yanked $276 million from loan mutual funds in the week ended April 16, breaking a 95-week streak of deposits, Wells Fargo & Co. data show. Leveraged loans – those rated below investment grade – are poised for their first monthly loss since August, and the biggest exchange-traded fund investing in the debt yesterday reported its first withdrawal since June, according to data compiled by Bloomberg.

Momentum is starting to shift away from high-yield loans, long heralded as a way to ward off losses from rising interest rates. Investors are reconsidering how much protection the market will actually provide as the Federal Reserve unwinds record stimulus measures that have suppressed borrowing costs.

“It’s going to be a disaster on the way out,” said Mirko Mikelic, a senior money manager at ClearArc Capital Inc., who helps oversee $7 billion of assets. “On the way in, there’s insatiable demand,” especially for higher-yielding assets with less interest-rate risk.

Continue reading »

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Apr 19

- “Everything we are told about deflation is a lie” (The Cobden Center, April 9, 2014):

“The European Central Bank has given its strongest signal yet that it is prepared to embrace quantitative easing to prevent the euro zone from sliding into deflation or even a prolonged period of low inflation.”
- ‘Draghi strengthens QE signal’, Financial Times, April 4, 2014.

Yes, heaven protect Europe’s embattled citizens and savers from a prolonged period of low inflation. How could they possibly survive it ? Continue reading »

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Apr 17

Paul-Krugman-Keynesians-Fail

- Krugman, Who Is Paid $25,000/Month To Study Inequality, Says “Nobody Wants Us To Become Cuba” (ZeroHedge, April 17, 2014):

When it comes to Krugman’s views on any particular topic, he may be right and he may be wrong, but whatever his opinion he always has a much to say about it (even if the factual backing is of secondary importance or outright missing). Today, his chosen topic is inequality, and in an interview with Bloomberg’s Tom Keene, shown and transcribed below, he certainly says much, encapsulated perhaps by the following gem:

“There’s zero evidence that the kind of extreme inequality that we have is good for economic growth. In fact, there’s a lot of evidence that it is actually bad for economic growth. Nobody wants us to become Cuba. The question is, do we have to have levels of inequality that are getting close to being the highest levels ever anywhere. We’re really starting to set new records here. Is that a good thing for anybody? If you look at our own history, it’s not true. The fact of the matter is since inequality began soaring around 1980, the bottom half of America has been pretty much left behind. It has not been a rising tide that raised all boats.”

Continue reading »

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Apr 13

Reader squodgy reminded me of the following video.

I have posted this video two times before and both uploads have been removed from YouTube.

For those that still haven’t seen this video yet:

This is a MUST-SEE!


Description:

A simple animated explanation of HOW the private Federal Reserve steals your money and WHY it must be stopped

Subtitles now available;
-Greek
-English
-Spanish
-Portugese(brazil)
-Czech
-Hungarian
-Romanian
-Bulgarian
-Finnish

The AMERICAN DREAM is a 30 minute animated film that shows you how you’ve been scammed by the most basic elements of our government system. All of us Americans strive for the American Dream, and this film shows you why your dream is getting farther and farther away. Do you know how your money is created? Or how banking works? Why did housing prices skyrocket and then plunge? Do you really know what the Federal Reserve System is and how it affects you every single day? THE AMERICAN DREAM takes an entertaining but hard hitting look at how the problems we have today are nothing new, and why leaders throughout our history have warned us and fought against the current type of financial system we have in America today. You will be challenged to investigate some very entrenched and powerful institutions in this nation, and hopefully encouraged to help get our nation back on track.

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Apr 11

Flashback:

- At $72.8 TRILLION Presenting The Bank With The Biggest Derivative Exposure In The World (Hint: Not JPMorgan)


- Deutsche Bank: “The Oxygen That Has Fuelled The 5 Year Bull Market Is Slowly Draining Out” (ZeroHedge, April 11, 2014):

From Deutsche Bank’s Jim Reid:

We can’t help thinking that as it becomes ever clearer that the Fed is pretty much fixed in its determination to stop QE late this year, the oxygen that has fuelled the 5 year bull market is slowly draining out of the market. Clearly the Fed is still buying a significant amount of bonds and thus providing a lot of liquidity but clearly only for a few more months. We think this is creating a lot more two-way tension in equity markets. Supporting this argument is the fact that those sectors that have done best since the bull market/high liquidity period started are suffering in the recent correction. If we define the beginning of the bull market as having started on the 9th of March 2009 when stocks hit their financial crisis-lows, the NASDAQ Technology and Biotech indices have gained 254% and 281% respectively. The S&P 500 homebuilders index has gained 256% over the same period. For comparison, the S&P 500 has gained “only” 177%. Tech, biotech and homebuilders are now down 5%, 19% and 12% from their YTD peaks. This compares with 3.1% retracement in the S&P 500 from the record highs posted in early April this year. So it does seems that sectors that have benefited the most from easy policy are those that are selling off the most right now.

But… what about the fun-der-mentals?

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Apr 06

- All The Presidents’ Bankers: The Hidden Alliances That Drive American Power (ZeroHedge, April 5, 2014):

The following is an excerpt from ALL THE PRESIDENTS’ BANKERS: The Hidden Alliances that Drive American Power by Nomi Prins (on sale April 8, 2014).  Reprinted with permission from Nation Books. Nomi Prins is a former managing director at Goldman Sachs.

Lloyd Blankfein, James Dimon, John Mack, Brian Moynihan

NIXON’S BANKERS: When What Was Good for Wall Street Was Good for the President

Wall Street’s War

While the protests against the Vietnam War intensified in the first years of the Nixon administration, the financial elite was fighting its own war—over the future of banking and against Glass-Steagall regulations. National City Bank chairman Walter Wriston was a steadfast warrior in related battles, as he fought with Chase chairman David Rockefeller for supremacy over the US banker community and for dominance over global finance.

Rockefeller’s sights were set on a grander prize, one with worldwide implications: ending the financial cold war. He made his mark in that regard by opening the first US bank in Moscow since the 1920s, and the first in Beijing since the 1949 revolution.

Continue reading »

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Mar 31

Prepare for collapse.


- High Frequency Trading: Why Now And What Happens Next (ZeroHedge, March 31, 2014):

For all the talk about how High Frequency Trading has rigged markets, most seem to be ignoring the two most obvious questions: why now and what happens next?

Continue reading »

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Mar 29

- Shocking – What Pento Said To Get Him Erased From CNBC (King World News, March 28, 2014)

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Mar 21

- “QE Was A Massive Gift Intended To Boost Wealth”, Fed President Admits (ZeroHedge, March 21, 2014):

With Bernanke gone, the remaining Fed members knowing full well they will be crucified, metaphorically of course (if not literally) when it all inevitably comes crashing down, are finally at liberty with their words… and the truth is bleeding out courtesy of the president of the Dallas Fed:

  • FISHER SAYS QE WAS A MASSIVE GIFT INTENDED TO BOOST WEALTH

Continue reading »

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Mar 14

- Foreigners Sell A Record Amount, Over $100 Billion, Of Treasurys Held By The Fed In Past Week (ZeroHedge, March 14, 2014):

A month ago we reported that according to much delayed TIC data, China had just dumped the second-largest amount of US Treasurys in history. The problem, of course, with this data is that it is stale and very backward looking. For a much better, and up to date, indicator of what foreigners are doing with US Treasurys in near real time, the bond watchers keep track of a less known data series, called “Treasury Securities Held in Custody for Foreign Official and International Accounts” which as the name implies shows what foreigners are doing with their Treasury securities held in custody by the Fed on a weekly basis. So here it goes: in the just reported latest data, for the week ended March 12, Treasurys held in custody by the Fed dropped to $2.855 trillion: a drop of $104.5 billion. This was the biggest drop of Treasurys held by the Fed on record, i.e., foreigners were really busy selling.

Continue reading »

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