Central Planning for Dummies
The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations.
Central Planning for Dummies: There Will Be QE
For several years now I have been sounding the alarm that if you want to be engaged in the financial markets you need to assume that markets are being managed (rigged) more aggressively than at any moment in any of our lives. The Bernank and others on Wall Street and the District of Criminals understand that the situation is pretty much hopeless. Ever since 2008 they have had one strategy. From a monetary and fiscal standpoint, that strategy has been to pump massive amounts of liquidity into the system while at the same time borrow enormous amounts of money. The thinking was that this would stabilize the situation, create confidence and thus ultimately a dynamic sustainable recovery. They certainly bought a few years with this plan but confidence has not returned, nor has there been any sustainable recovery. What we need to understand at the moment is that The Bernank and all of his fellow Keynesian Central Planning magicians know that they have failed. This is why he is running around on college campuses presenting his sad and intellectually dishonest presentation of propaganda that even a six year old could refute. In fact several people have done just that. Here is one good article on it. http://www.zerohedge.com/news/guest-post-open-letter-ben-bernanke. Moreover, Jim Grant recently gave an incredible speech at the belly of the beast itself -The New York Federal Reserve –where he completely undresses the Fed right to their face. You must read this one. http://www.zerohedge.com/news/must-read-jim-grant-crucifies-fed-explains-why-gold-standard-best-option
As I have said many, many times before, The Bernank needs to create more money and he knows it. He is irate beyond belief that his academic theories have not worked. He is furious that he can’t make the housing market come back to life. He is having a temper tantrum that people actually have the nerve to link printing trillions of dollars to the rise in commodity prices. He wants to launch QE3 this quarter but he feels like public opinion is against him (he’s right) and Obama is having his own little panic attack about gasoline prices and the election. So what’s a Central Planner to do? Well, exactly what they have been doing as of late. Lie.
What I found most interesting is that several people seemed confused. I read statements like “ I don’t know why the markets reacted this way, they said nothing new!” The markets reacted the way they did because that was what the Central Planners wanted. I mean who “reacted” that way to the minutes? A few PPT machines? There is no volume in the markets, retail is dumping stocks week after week and prices are being set at the margin by manipulators in a futile attempt to bolster confidence (hasn’t worked in four years so they are doubling down on the strategy of course!) Despite the nonsense they say about not needing to do QE3 because the economy is better, the exact opposite is true and they know it. They also know the minute they announce anything gold, silver, oil and other commodities will surge to the stratosphere. That said, the goal is to try anything they can to get oil and precious metals as depressed as possible ahead of the announcement. That is what the Fed minutes announcement operation was all about. While they have knocked precious metals down, oil is proving to be a much harder nut to crack. This is very interesting because it appears that these clowns have gotten as much mileage as they can out of the “we don’t need more stimulus” lie. What will they come up with next? I don’t know but I do know that the Federal Reserve and TPTB understand they are fighting for their lives and their survival. They will pull out any and every trick in the book before they die. The more cornered they have become they more aggressively they have acted. Watching the most powerful people on the planet fight their inevitable demise has been and will continue to be fascinating and frustrating. They will fight and fight. They will rig and rig. They will lie and lie. Until one day the whole thing will end seemingly overnight. They will vanish into history, disgraced and remembered for time immemorial as some of the biggest fools in world history.
Dave Janda Interview
Recently I recorded another radio interview with Dr. Dave Janda out of Michigan. Dave is one of the most tireless freedom fighters I have ever encountered. He has been doing it all of his adult life and I am very proud to be in the trenches with him during the most important battle of any of our lives. You can hear my interview here. http://www.davejanda.com/audio/MichaelKreiger032512.mp3 Please take a listen.
A friend of mine recently created this website to help protest the NDAA and get the word out http://belligerentact.org/. Not only is it a good summary of how TPTB are attempting to put a police state in place ahead of the increased rebellion they know is coming once a critical mass of the citizenry get a handle on just how badly they have been systematically looted by the crony capitalist mafia, but it also allows you to put a “Belligerent Act” banner at the top of your website as a sign of support and means of getting the word out.
Owe The IRS? Bill Would Suspend Passport Rights For Delinquent Taxpayers
I want to end with a very short but very telling article regarding the potential loss of travel privledges at the hands of the IRS. Here are some key quotes:
A bill authored by a Southland lawmaker that could potentially allow the federal government to prevent any Americans who owe back taxes from traveling outside the U.S. is one step closer to becoming law. Senate Bill 1813 was introduced back in November by Senator Barbara Boxer (D-Los Angeles) to “reauthorize Federal-aid highway and highway safety construction programs, and for other purposes”.
However, there does not appear to be any specific language requiring a taxpayer to be charged with tax evasion or any other crime in order to have their passport revoked or limited — only that a notice of lien or levy has been filed by the IRS.
Hmmmm, interesting isn’t it. You don’t need to be charged! All that needs to happen is a notice filed. Just like the NDAA allows the government to imprison you without a trial. Just like the recent executive order Obama signed that allows him to take over the entire economy in any “emergency” whether in peacetime or war. The bottom line is this. This sort of legislation doesn’t happen ahead of an economic recovery. It happens ahead of a collapse. Welcome to the recovery!