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
27 Jul 2012
JOHN HARRIS : It's an Illusion "Economic Slaves"
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
Bernanke and Draghi Are Dangerous - Charles Hugh Smith
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 usawatchdog: 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
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
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?
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?