Friday, July 27, 2012

JOHN HARRIS : It's an Illusion "Economic Slaves"

John Harris gives us his perspective on what's going on. He describes how we are economic slaves to a debt dependant system, notably achieved through the deception of the birth certificate and the creation of a legal fiction known as your 'PERSON'. It is this PERSON that the government then wields it's control upon. Although John points out that this arrangement only works when we consent.

Unfortunately inaction is taken as consent, hence we have unwittingly surrendered our inalienable rights through identifying with the PERSON. Remember you are a human being with god given rights, all you have to do is claim them. Source

Gold and Economic Freedom - by Alan Greenspan "...the shabby secret of the welfare statists' tirades against gold"

Published in Ayn Rand's "Objectivist" newsletter in 1966, and reprinted in her book, Capitalism: The Unknown Ideal, in 1967.

An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense — perhaps more clearly and subtly than many consistent defenders of laissez-faire — that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.
In order to understand the source of their antagonism, it is necessary first to understand the specific role of gold in a free society.
Money is the common denominator of all economic transactions. It is that commodity which serves as a medium of exchange, is universally acceptable to all participants in an exchange economy as payment for their goods or services, and can, therefore, be used as a standard of market value and as a store of value, i.e., as a means of saving.
The existence of such a commodity is a precondition of a division of labor economy. If men did not have some commodity of objective value which was generally acceptable as money, they would have to resort to primitive barter or be forced to live on self-sufficient farms and forgo the inestimable advantages of specialization. If men had no means to store value, i.e., to save, neither long-range planning nor exchange would be possible.
What medium of exchange will be acceptable to all participants in an economy is not determined arbitrarily.

Collapse of Al Saud becomes imminent

Saudi security forces have opened fire on anti-regime demonstrations in the eastern city of Qatif, injuring several protesters. Interview with Ali al-Ahmed, director of IGA Source

Bernanke and Draghi Are Dangerous - Charles Hugh Smith

What is being sacrificed to maintain the euro and the E.U./U.S. banking cartel? Everything of value: liberty, democracy and sovereignty.
Today we present the culmination of the previous entries ( Global Crisis: the Convergence of Marx, Orwell and Kafka and Are You Loving Your Servitude Yet?): A brief commentary by longtime correspondent Harun I. on Mario Draghi's market-moving statement: “Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough.”
Nice, Mr. Draghi, but at what cost? And who will ultimately bear this cost? It is already far beyond the measure of mere money; democracy, truth and sovereignty have all been destroyed to prop up the central bankers' Status Quo. We can presume Mr. Bernanke and the Federal Reserve are in on the propaganda campaign, and so we need to examine the words and promises of these two central bankers, as well as what they have not said.
Is talking about printing money as good as actually printing money? It would seem so. Is promising to "do whatever it takes" as good as actually doing whatever it takes? Once again, it seems so; global markets leaped at the "news" that the financial Status Quo was going to be "saved" yet again.
What if it is beyond saving?
What if the cost in treasure, blood, liberty, sovereignty and truth is not worth the 'saving" of a broken, unsustainable, corrupted, parasitic, predatory system? Do we get to choose, or are we just passengers on the train as the central bankers accelerate toward the chasm ahead?
Here is Harun's commentary:
Words have meaning and people should choose them carefully. Nigel Farage commented that what he saw in the faces of EU officials was "madness". We should not underestimate his assessment. At some point these individuals have to be viewed as dangerous.

The Absurdity of Sandy Weill - azizonomics

"I’m suggesting the big banks be broken up so that the taxpayer will never be at risk, the depositors won’t be at risk and the leverage will be something reasonable."
Aziz: This from the guy who provided the impetus and the funds to end Glass-Steagall? Totally absurd — akin to Joe Stalin renouncing Marxism-Leninism and the gulag archipelago on his deathbed.
Glass-Steagall’s separation between depository and speculative institutions — especially during the Bretton Woods period — was a relatively robust system; there was never a large-scale banking calamity of the nature of 2008 or 1929 under its regime. Certainly, it had its imperfections — above all else that it never prevented bankers like Weill from chipping away at it up to the point of repeal — but the proof of the pudding is in the eating, and Glass-Steagall presided over a period of growth and stability.
While the data tends to show that the end of Bretton Woods in 1971 was the real catalyst of the financialisation, globalisation, deindustrialisation and debt buildup that ultimately flung the US into a depressionary deleveraging trap, the end of Glass-Steagall was profound.
Depositors’ funds became a medium for the creation of the huge and sprawling shadow banking and derivatives webs.

John Williams of Shadowstats: The Next Crash Will Be A Lot Worse!

By Anyone who thinks the U.S. is in recovery should stop listening to the mainstream media and listen to John Williams. He heads up Shadowstats.com, and is one of the few economists who crunches the numbers to give unvarnished true statistics. Adjusted for real inflation of about 7%, Williams says, "GDP has plunged, and we have been bottom bouncing" ever since the financial crisis started. Williams says, "The next crash will be a lot worse (than 2008) because it will push us into the early stages of hyperinflation." He predicts this will happen "by the end of 2014" at the latest.

Up to 20% of Aleppo is FSA controlled - Mr Aleppo

The future of Syria's Government will be decided in the flashpoint city of Aleppo citing its economic importance and proximity to Turkey.Aleppo is the largest city in Syria Source

JOKER KILLS AGAIN - FKN Newz

Police State West: Federal Protective Service orders around 150 sets of riot gear to be delivered in 15 days + Rooftop Missile Controversy in London 2012 Olympics

By Madison Ruppert:
The Federal Protective Service a child agency of the behemoth Department of Homeland Security (DHS), which is tasked with protecting property owned, occupied or secured by the federal government, seems to be getting ready for a riot or riots in the very near future.
This is the same Federal Protective Service which reportedly “drafted plans to send armed agents into downtown Chicago to patrol the city and prepare for protests” during the North Atlantic Treaty Organization (NATO) summit earlier this year.
This quite sizeable procurement of 150 sets of riot gear is especially noteworthy since it is being filled on a highly accelerated timetable.
The solicitation was posted on July 25, 2012 with a response date of July 26, 2012 and delivery a mere 15 days later.

The USA is Rolling into Fascism and Interest Free Money - Rodney Shakespeare with Morris + Paul Craig Roberts with Alex Jones - US Police State Hell

The world is not going to forgive the USA for its warring and Torture
Half of the US military budget is hidden in other budgets
Homeland Security has just purchased 100's of millions of dumb dumb bullets
The Banks have lost any sense of what it means to be productive
In the USA 10,000,000 jobs have been outsourced
The bankers are arrogant self satisfied complacent and stupid
Plots are afoot around the world to wreck the US$ reserve status

From Natural Resources to Currency Wars - Rick Rule & Jim Rickards

Not only do we have commodities and resource expert Rick Rule on the show, but fan favorite Jim Rickards is guest co-hosting with our dear Lauren Lyster!

In today's news, European Central Bank President Mario Draghi said policymakers will do what is needed to save the Euro. This comment was enough to spur a bout of market euphoria. But how do you invest around what a policymaker may or may not say?

Izhar cardboard bike project - By Giora Kariv