04.27.13- A dyslexic man walks into a bra...
...Johnny Silver Bear
As the editor of the Silver Bear Cafe, I spend most of my time researching current events. I explore the markets, the economic war that is being waged on the middle class, precious metals, the Federal Reserve, energy, and how to go about surviving financially. In this weekly column I will attempt to condense the week's events and examine how the news might affect your pocketbook. JSB
The world today is on the verge of a cataclysmic shift. In your editor's opinion, it will not be a positive event, but rather one of a heinous nature. It will be the intended result of a conspiracy, led, in part, by David Rockefeller, Sr. The institutional wealth that he, as patriarch of the Rockefeller dynasty, wields, has allowed his megalomaniac plans of world domination to metastasize in to a full blown threat to the freedom and liberty of humanity world wide. The institutional wealth which provides him the platform and opportunity to wield such power and influence is not, in any way, the result of his energies, but rather, those of his grandfather, John D. Rockefeller Sr. The criminal trusts and illegal loopholes that have allowed this wealth to be amassed reflect the flaws in the system and the disintegrating nature of the American Dream. For he who would be king, in a just and regulated society, such notions would be spurned, quashed, neutered and recognized as the wish of an evil clown. We must, as a nation, know who our enemies are. The Fabians, Pilgrims, Bilderbergers, Trilateral Commission, Council on Forign Relations and the Illuminati are all working to assume the status of royalty and rule the world. David Rockefeller, Sr. is a member of all the groups just mentioned and has chaired most of them.
The world is crumbling down around us. And not only economically. We have allowed the orchestrated demise of the world as we know it by a group of misguided, irresponsible power mongers.
Why are these guys bad? Why do I often refer to these banksters as "the Dark Side?" Is it simply due to the fact that they are driven solely by a lust for power? While lust, avarice and greed are indeed Basic Biblical Sins, many people lacking moral stamina fall prey to the various turpitudes of modern society. While failure to resist the temptations of the Basic Sins is a mark of diminished character, it is, in itself, not all-damning.
No, it is because of their lack of cohesive vision. They have attempted to install themselves as the sole shot callers, attempting to rule the world, with no other qualifications other than their membership in the various "lucky sperm clubs." The passed down institutional wealth that they have amassed, through generations of corruption and successful financial manipulation, has skewed their sensibilities. The ideals that may have seemed noble to their grandfathers have been set aside. Their sole motive for world domination has digressed to one of the lowest common denominator. Absolute greed, like absolute power, corrupts absolutely. With no benevolent vision for the future, they have systematically decimated the planet's resources. The resulting imbalance is one that can now only be righted by the severe suffering of all of humanity, including themselves. They are maniacs who have painted humanity in to a corner that is, for all intents and purposes, inescapable.
Know thine enemy.
On the Economic War Front
I have a stock broker friend who was, apparently, schooled to view the world as one big trade. Each trade had two sides. The buyer, and the seller. But he also tends to think of each trade as being made up of a winner, and a loser.
There is something strangely human about the concept of winners and losers. In the food chain there are predators and prey, but only among humans are there winners and losers. When we eat an ear of corn, we do not consider the corn to be a loser. When we have a nice juicy steak, we do not consider the cow to be a loser, (I realize that there are some among us that do, but I believe that they are confused). Anyway, my broker friend believes that in order for him to win, someone must lose. If he is correct, then my utopian dream of a win win situation could be just that, a dream.
In numerous essays that I have penned, I have identified those forces concerned with predatory economics, financial terrorism, and world domination, as "the Dark Side". My continuing research has not only more clearly defined their motives, but has more clearly defined their methods as well.
In the last week, there have been numerous essays, articles and missives posted that finger banksters, politicians, regulators, law enforcement, academia, and many others of being participants in a conspiracy which harbors a collective agenda to instill a sense of terror in us and, in the mean time, steal us all blind!
Most Americans are not concerned with gold or silver or ammunition, which is regrettable. If, as I suspect, the day comes when the banksters do attempt steal our retirement accounts, we will be well served to have, in our posession, some of each of the afore mentioned commodities.
In 1998, the World Bank refused to guarantee a $25 million loan to refinance water services in Cochabamba, Bolivia, unless the government sold the public water system to the private sector and passed the costs on to consumers. Bolivia, one of the poorest countries in the world, finally acquiesced. Only one bid was considered, and the company was turned over to Aguas del Tunari, a subsidiary of a conglomerate led by Bechtel, the giant San Francisco engineering and construction company.
In December 1999, before making any infrastructure investments, the private water company, Aguas del Tunari, announced the doubling of water prices. For most Bolivians, this meant that water would now cost more than food; for those on minimum wage or unemployed, water bills suddenly accounted for close to half their monthly budgets, and for many, water was shut off completely.
To add to the problem, the Bolivian government, prompted by the World Bank, granted absolute monopolies to private water concessionaires, announced its support for full-cost water pricing, pegged the cost of water to the American dollar and declared that none of the World Bank loan could be used to subsidize water services for the poor. All water, even from community wells, required permits to access, and even peasants and small farmers had to buy permits to gather rainwater on their property.
The selling-off of public enterprises such as transportation, electrical utilities and education to foreign corporations has been a heated economic debate in Bolivia. But this was different; polls showed that 90 percent of the public wanted Bechtel out. Debate turned to protest and one of the world's first "water wars" was launched.
The people of Bolivia revolted against the government over the privatization of water. A broad-based movement of workers, peasants, farmers and others created the Coalition in Defense of Water and Life to "de-privatize" the local water system. Between January and early February, 2000, hundreds of thousands of Bolivians marched to Cochabamba in a showdown with the government, and a general strike and transportation stoppage brought the city to a standstill. Police reacted with violence and arrests and the army killed six people and injured more than 100 when it opened fire on demonstrators. In early April 2000, the government declared martial law.
Could this happen here? Is it possible that you could someday be charged for collecting rainwater off your roof? You would be surprised at how many trans-national companies already have stakes in water delivery in this country.
I receive thirty or forty emails daily from readers. Most are complimentary. Some, from the terminally brain dead, are (understandably) downright rude. But a lot have to do with my apparent obsession with the Federal Reserve (we dedicate a whole forum to it). After having been directed to the following post, by a reader, I felt compelled to, once again, shed some more light on the subject (the Dark side is made up of vampires, and they don't like the light). The Fed is America's central bank. Every country has its own. The following missive exhibits how the the vile and heinous thieves, otherwise known as central bankers have already accomplished the transferring the wealth of their middle classes to the richest one percent of their populations. This is because the richest one percent of the population is, in part, made up of the owners of the Federal Reserve. It has always been the primary purpose of the Fed. At this point I will try and illustrate how they are doing it.
I like to use the the the comparison of the sun going down to the rise in the value of precious metals. Neither has ever happened. If you think either has ever happened, you are confused. The sun doesn't go down, the horizon moves up. The value of precious metals does not go up, the value of the dollar goes down. Prior to 1964, American coined dollars, halves, quarters and dimes were ninety percent silver. In 1963 you could buy a gallon of gas with a 1963 quarter. Today you can buy two gallons of gas with a 1963 quarter. The American Government was bribed into taking the precious metal out of the coinage in order to allow the Fed to more easily steal your wealth through the erosion of your buying power (inflation). If it wasn't for the Federal Reserve, the price of everything would continually go down, instead of up. The standard of life, for everyone, would get better, not worse. If the Dark Side hadn't debased the value of the coinage, a person working for $5.00 an hour would have the purchasing power of what amounts to $120.00 an hour today...twenty silver quarters = $5.00. Let's say a silver quarter is worth $6.00 today. If you worked eight hours a day, five days a week, fifty-two weeks a year, for $5.00 an hour, you would be making $9600.00 before taxes. But consider how much less you would be paying in taxes if you only made $9600.00 per year. Meanwhile, your income would have the purchasing power of almost a quarter of a million dollars ($249,600.00). We (the middle class) would be much better off, and all these stupid wars and stupid bailouts and parasitic thieves would not be possible. I struggle with trying to figure out why we, as a Nation, have allowed this to happen here. Is it because the bulk of the population has been (intentionally) reduced to a bunch of apathetic sheeple? I am obsessed with the Federal Reserve because they are the root of all evil in this country. We must strike the root.
Many of the Silver Bear Cafe's readers have contacted me concerning the possible conversion of their IRAs and 401ks into treasuries. We have posted numerous articles concerning this topic. I have been predicting an occurrence of this nature since 2004. I believe it is truly something to be concerned about.
An IRA allows you to accumulate savings with the taxation of those funds deferred. This is very advantageous as your savings/earnings compound in a tax-free environment.
The problem, as I see it, is that the amount of money that is currently held in Individual Retirement Accounts by approximately 40 million Americans has grown so large, and the government has grown so broke, that the consideration that these funds could be converted into U.S Treasuries, and the funds then used to pay the salaries of the politicians and their government largess, has become a popular solution to many of our representatives in Congress.
What are the total amounts of money currently invested in IRAs, 401(k)s and Roths (separately)?
There are $8.2 trillion in total retirement assets, as of end of 2Q 2011 (according to the Investment Company Institute numbers):
So, just for fun, how much would a trillion dollars in $100 bills weigh? Well:
$1 trillion = 10 billion $100 bills = 22,046,226.22 pounds
1 $100 bill weighs a gram x 10 billion = 10 billion grams = 10 million kilograms equals…22,046,226.22 pounds.
That's an awfully big carrot to hang in front of an insatiable donkey/elephant. If you don't believe that your Federal Government would ever consider the confiscation, err no, I meant conversion, of your savings, into something they could spend, well, you haven't been reading "the Bear" for very long.
You must first realize that there are, present in our lives, enemies. You must then know who those enemies are and act accordingly.
Eliminate as much debt as possible, especially variable rate debt, such as credit cards and lines of credit. Interest rates will be rising, so the elimination of debt offers a real return of escaping rising rates by creditors.
Get some control over some fresh water.
If you are depending on Social Security, stop.
Follow the course opposite to custom and you will almost always do well...
Its not what you don't know that will screw you up, it's what you know that is wrong. The spin you hear from the mainstream media is intended to mislead you. Open your eyes and face the future. If you leave your head in the sand and ignore it, you are only leaving your butt exposed for the world to kick. This all may sound like gloom and doom, but when you get a handle on what is going to happen, you will have a future filled with opportunity. Fortune favors the Informed.
More next week...
May the Great Spirit be with you always,
All statements and expressions are the sole opinions of the editor and are subject to change without notice. A profile, description, or other mention of a company in the newsletter is neither an offer nor solicitation to buy or sell any securities mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. The staff of Silver Bear Cafe are not registered investment advisors and do not purport to offer personalized investment related advice. The publisher, editor, staff, or anyone associated with, or associated to the Silver Bear Cafe may own securities mentioned in this newsletter and may buy or sell securities without notice.