Showing posts with label federal reserve. Show all posts
Showing posts with label federal reserve. Show all posts

Wednesday, December 12, 2012

Verified Warnings From Former U.S. Presidents About the “Invisible Government” Running the U.S. With “No Allegiance To the People”


Those who do not learn from history are doomed to repeat it.”- George Santayana

Past presidents of the United States and other high profile political leaders have repeatedly issued warnings over the last 214 years that the U.S. government is under the control of an “invisible government owing no allegiance and acknowledging no responsibility to the people.”







According to a half-dozen of our former presidents, one vice-president,  and a myriad of other high profile political leaders, an invisible government that is “incredibly evil in intent” has been in control of the U.S. government “ever since the days of Andrew Jackson” (since at least 1836).  They “virtually run the United States government for their own selfish purposes. They practically control both parties… It operates under cover of a self-created screen [and] seizes our executive officers, legislative bodies, schools, courts, newspapers and every agency created for the public protection.”

As a result, “we have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized world—no longer a government by free opinion and no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.”

The sources for the above quotes (and more) are listed below. All of the quotes listed in this article have been verified as authentic and have associated links to the source materials.  Also included below are statements made by David Rockefeller, Sr, former director of the Council on Foreign Relations (CFR), and Federal Reserve Chairman’s Alan Greenspan and Ben Bernanke that appear to confirm some of the warnings.

Warnings About the Invisible Government Running the U.S.

The warnings listed below, which appear in chronological order, began with our first president – George Washington.  The last president to speak out was JFK, who was assassinated.    Read what they and other political leaders have said about the invisible government.

George Washington wrote that the Illuminati want to separate the People from their Government
  
“It was not my intention to doubt that, the Doctrines of the Illuminati, and principles of Jacobinism had not spread in the United States. On the contrary, no one is more truly satisfied of this fact than I am. The idea that I meant to convey, was, that I did not believe that the Lodges of Free Masons in this Country had, as Societies, endeavoured to propagate the diabolical tenets of the first, or pernicious principles of the latter (if they are susceptible of seperation). That Individuals of them may… actually had a seperation [sic] of the People from their Government in view, is too evident to be questioned.” – George Washington,  1st President of the United States (1789–1797), from a letter that Washington wrote on October 24, 1798, which can be found in the Library of Congress.  For an analysis of Washington’s warning, see the article “Library of Congress: George Washington Warns of Illuminati

“I sincerely believe, with you, that banking establishments are more dangerous than standing armies.” —Thomas Jefferson, 3rd President of the United States (1801–1809) and principal author of the United States Declaration of Independence (1776), in a letter written to John Taylor on May 28, 1816

“A power has risen up in the government greater than the people themselves, consisting of many and various powerful interests, combined in one mass, and held together by the cohesive power of the vast surplus in banks.” – John C. Calhoun, Vice President (1825-1832) and U.S. Senator, from a speech given on May 27, 1836

Note that it appears that Washington’s and Jefferson’s concerns regarding bankers and separation of the people from the government was realized by 1836.  This fact was confirmed in a letter written by FDR in 1933 (see below) in which he wrote that “a financial element in the large centers has owned the government ever since the days of Andrew Jackson.”  Jackson was the seventh president of the United States (1829-1937).  Calhoun served as Jackson’s vice-president from 1829-1932.

“Behind the ostensible government sits enthroned an invisible government owing no allegiance and acknowledging no responsibility to the peopleTo destroy this invisible government, to befoul the unholy alliance between corrupt business and corrupt politics is the first task of the statesmanship of the day.”— Theodore Roosevelt, 26th President of the United States, Theodore Roosevelt, An Autobiography, 1913 (Appendix B)

A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men[W]e have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized worldno longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.” – Woodrow Wilson, 28th President of the United States, The New Freedom, 1913

“Since I entered politics, I have chiefly had men’s views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of something.  They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it.” – Woodrow Wilson, 28th President of the United States, The New Freedom, 1913

“The real menace of our Republic is the invisible government, which like a giant octopus sprawls its slimy legs over our cities, states and nation… The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes. They practically control both parties, … and control the majority of the newspapers and magazines in this country. They use the columns of these papers to club into submission or drive out of office public officials who refuse to do the bidding of the powerful corrupt cliques which compose the invisible government. It operates under cover of a self-created screen [and] seizes our executive officers, legislative bodies, schools, courts, newspapers and every agency created for the public protection.”  - New York City Mayor John F. Hylan, New York Times, March 26, 1922

“Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks. The Federal Reserve Board, a Government board, has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt…Mr. Chairman, when the Federal Reserve act was passed, the people of the United States did not perceive that a world system was being set up here… and that this country was to supply financial power to an international superstate — a superstate controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure.” – Congressman Louis T. McFadden, from a speech delivered to the House of Representatives on June 10, 1932

“The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government ever since the days of Andrew Jackson.” — Franklin Delano Roosevelt, 32nd President of the United States (1933–1945), in a letter to Colonel Edward M House dated November 21, 1933, as quoted in F.D.R.: His Personal Letters, 1928-1945.

“Today the path to total dictatorship in the U.S. can be laid by strictly legal means… We have a well-organized political-action group in this country, determined to destroy our Constitution and establish a one-party state… It operates secretly, silently, continuously to transform our GovernmentThis ruthless power-seeking elite is a disease of our century… This group…is answerable neither to the President, the Congress, nor the courts. It is practically irremovable.” – Senator William Jenner, 1954 speech

“The individual is handicapped by coming face-to-face with a conspiracy so monstrous he cannot believe it exists. The American mind simply has not come to a realization of the evil which has been introduced into our midst. It rejects even the assumption that human creatures could espouse a philosophy which must ultimately destroy all that is good and decent.”  —J. Edgar Hoover, The Elks Magazine, 1956

The very word “secrecy” is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings… Our way of life is under attack. Those who make themselves our enemy are advancing around the globe… no war ever posed a greater threat to our security. If you are awaiting a finding of “clear and present danger,” then I can only say that the danger has never been more clear and its presence has never been more imminent… For we are opposed around the world by a monolithic and ruthless conspiracy that relies primarily on covert means for expanding its sphere of influence–on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day. It is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific and political operations. Its preparations are concealed, not published. Its mistakes are buried, not headlined. Its dissenters are silenced, not praised. No expenditure is questioned, no rumor is printed, no secret is revealed.” — John F Kennedy, 35th President of the United States, from a speech delivered to the American Newspaper Publishers Association on April 27, 1961 and known as the “Secret Society” speech (click here for full transcript and audio).

The Rockefellers and their allies have, for at least fifty years, been carefully following a plan to use their economic power to gain political control of first America, and then the rest of the world.  Do I mean conspiracy? Yes, I do. I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in intent.” Congressman Larry P. McDonald, November 1975, from the introduction to a book titled The Rockefeller File.

There exists a shadowy government with its own Air Force, its own Navy, its own fundraising mechanism, and the ability to pursue its own ideas of national interest, free from all checks and balances, and free from the law itself.” – Daniel K. Inouye, US Senator from Hawaii, testimony at the Iran Contra Hearings, 1986   

The Federal Reserve  (CONTINUE READING AT CONSCIOUSLIFENEWS.COM)

A power has risen up in the government greater than the people themselves…” – John C. Calhoun
… owing no allegiance and acknowledging no responsibility to the people.” – Theodore Roosevelt
“… one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Bank.“  – Louis T. McFadden

Friday, November 16, 2012

Why The States Must Secede To Save America

Declaration of Independence 2.0: Restoring the Republic

Infowars.com

November 16, 2012

Radio host Alex Jones today called for a second American Revolution led by states who would secede from the federal government and reconstitute the Republic under the terms of the Declaration of Independence, bill of rights and constitution. (Read the transcript here).

The call for Americans to rally behind a restoration of the Republic and the bill of rights comes on the back of a burgeoning secessionist movement that has swept the country with residents from all 50 states submitting petitions to the White House calling for states to withdraw from the union and form their own independent governments. The petitions have received a combined number of signatures totaling over a million.

During his nationwide broadcast today, Jones laid out the battle plan for secession, emphasizing that states must first secede from the federal government, which has gone rogue, and then use the terms of the Declaration of Independence to restore the Republic, not create a new country.

Jones stressed that he was calling for a cultural restoration in the spirit of the bill of rights – a newly unified America under the Constitution – and not a violent overthrow, noting that it was the states that created the Constitution and the federal government in the first place.

Jones noted that the only course to restoring liberty was clear – “To follow the founding document of the Republic, the Declaration of Independence, wherein it is clearly stated that it is the right and the duty of the American people, when their government becomes destructive and tyrannical, to abolish and reconstitute it in a form that protects our liberties.”




“We are not calling for secession to form new separate countries, we are calling for secession because the states created the Constitution, bill of rights and federal government, and the federal government itself has been hijacked by foreign special interests – mainly banking cartels,” said Jones.

“I am calling for people to be educated about how we can secede to restore the Republic,” said Jones, warning that the media was attempting to characterize the entire movement as a plot to bring down America when in fact America has already been captured and taken over by the political and financial elite.

“This is the states putting their foot down and saying we are going to reconstitute the federal government under the bill of rights and constitution, we’re going to kick out the bureaucrats, the lobbyists, the foreign criminals, and the Federal Reserve who have taken over,” explained Jones.

The radio host also put the call out for Congressman Ron Paul to head up such a movement and utilize his vast network of grass roots liberty-loving activists to lead the charge, as well as using his contacts in each state to begin the process of secession in the legislature.

Harvard constitutional law scholar and adviser to Ron Paul, Edwin Viera appeared on the syndicated radio broadcast and agreed with Alex Jones’ constitutional battle plan, with the declaration of independence as the centerpiece of legal authority.

Ron Paul’s former congressional chief of staff and founder of the Von Mises institute, Lew Rockwell also appeared on the special broadcast and concurred with Jones’ strategy that now is the time to launch our offensive and restore the republic.

The right of the people to reconstitute their government if it becomes oppressive and onerous is clearly outlined in the Declaration of Independence.
“That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.”
Preamble, Declaration of Independence, July 4, 1776.
In the aftermath of petitions from all 50 states to secede being posted on the White House website and signed by over a million Americans, the secessionist movement has been portrayed as anti-American, unpatriotic and even treasonous. In reality, as Ron Paul has emphasized, it is as American as apple pie and George Washington.

The most popular petition out of all 50 that have been posted on the White House website applies to Texas and reads as follows;

“The US continues to suffer economic difficulties stemming from the federal government’s neglect to reform domestic and foreign spending. The citizens of the US suffer from blatant abuses of their rights such as the NDAA, the TSA, etc. Given that the state of Texas maintains a balanced budget and is the 15th largest economy in the world, it is practically feasible for Texas to withdraw from the union, and to do so would protect it’s citizens’ standard of living and re-secure their rights and liberties in accordance with the original ideas and beliefs of our founding fathers which are no longer being reflected by the federal government.”

The call for states to secede from the union, one now backed by over a million Americans, is part of a wider disenfranchisement with how the country has been infested and hijacked by a crony political elite and the principles of the founders decimated.

As over a million Americans express their disenfranchisement with the federal government by supporting a secessionist movement that has spread like wildfire, it is time to call for a new declaration of independence and a new commitment to restore the Republic in the face of an enemy that has subverted America from within.
The United States government has been seized by domestic and foreign banking cartels. This fact is so transparently obvious that talking heads on CNBC now laugh about it.

While Americans are being told to brace for tax hikes, spending cuts and a myriad of other austerity measures, the Federal Reserve has been sending trillions of dollars to foreign banks.

The federal government is supposed to represent the states, but it doesn’t, it represents the interests of the political and banking elite who themselves have no allegiance whatsoever to America.

Infowars is calling on patriots to start a movement to draft Ron Paul as the head of a brand new effort to restore the Republic, restore the bill of rights and opt out of the counterfeit America the banking elite has subverted and fashioned to serve their own interests.

The establishment media is already demonizing the secessionist movement as a rag-tag group of fringe kooks and paranoid racists, when in reality as the Daily Caller uncovered, it is comprised of former Marines, parents, business owners and ordinary mechanics.

Meanwhile, Obama supporters and other statists have called on the government to punish those putting their signatures to the secession petitions by having them stripped of their citizenship, deported and exiled.

It’s time to re-assert the narrative on secession and put it in its proper context, which is not an infantile reaction to the fact that Barack Obama won the election, but an expression of extreme uneasiness at the direction in which the country is heading, a widespread discontent that has been ongoing for long before Obama even took office, and a new commitment calling on states to nullify unconstitutional laws and regulations and secede from the increasingly tyrannical federal government.

Watch Ron Paul’s farewell speech below in which he skewers authoritarianism in all its forms and captures the true spirit of liberty which should drive the movement to secede from the federal government and reconstitute America under the Declaration of Independence.


This article was posted: Friday, November 16, 2012 at 6:34 am



Wednesday, October 17, 2012

FBI Entraps Witless Patsy in Federal Reserve Bombing Plot

Kurt Nimmo
Infowars.com
October 17, 2011

photo
Photo: Alex
Federal authorities in New York have arrested a Bangladeshi man with “overseas connections to al-Qaida” who planned to blow up the Federal Reserve.

Quazi Mohammad Rezwanul Ahsan Nafis was provided with “inert explosives” by federal agents and closely monitored by the FBI as he tried to act out his plot, according to the Associated Press.

Federal prosecutors said Nafis had proposed several spots for his attack, including the New York Stock Exchange. In a letter claiming responsibility for the Federal Reserve plot, he said he wanted to “destroy America.” 
                                                                              .
Nafis also provided the feds with a videotaped statement in which he said, “We will not stop until we attain victory or martyrdom.”

Federal authorities said the public was not in danger at any point during its “sting” operation.
The FBI has arranged a large number of terrorism “stings” since the attacks of September 11, 2001, in order to make the case that it is tracking down and prosecuting terrorists.

A report by Mother Jones and the Investigative Reporting Program at the University of California-Berkley released in 2011 revealed that it is now common practice for the FBI to create terror plots from scratch and entrap witless and even mentally ill patsies.(CONTINUE READING)

Monday, October 15, 2012

Debt Slavery – Why It Destroyed Rome, Why It Will Destroy Us Unless It’s Stopped

by MICHAEL HUDSON
 
Book V of Aristotle’s Politics describes the eternal transition of oligarchies making themselves into hereditary aristocracies – which end up being overthrown by tyrants or develop internal rivalries as some families decide to “take the multitude into their camp” and usher in democracy, within which an oligarchy emerges once again, followed by aristocracy, democracy, and so on throughout history.

Debt has been the main dynamic driving these shifts – always with new twists and turns. It polarizes wealth to create a creditor class, whose oligarchic rule is ended as new leaders (“tyrants” to Aristotle) win popular support by cancelling the debts and redistributing property or taking its usufruct for the state.

Since the Renaissance, however, bankers have shifted their political support to democracies. This did not reflect egalitarian or liberal political convictions as such, but rather a desire for better security for their loans. As James Steuart explained in 1767, royal borrowings remained private affairs rather than truly public debts. For a sovereign’s debts to become binding upon the entire nation, elected representatives had to enact the taxes to pay their interest charges.

By giving taxpayers this voice in government, the Dutch and British democracies provided creditors with much safer claims for payment than did kings and princes whose debts died with them. But the recent debt protests from Iceland to Greece and Spain suggest that creditors are shifting their support away from democracies. They are demanding fiscal austerity and even privatization sell-offs.

This is turning international finance into a new mode of warfare. Its objective is the same as military conquest in times past: to appropriate land and mineral resources, also communal infrastructure and extract tribute. In response, democracies are demanding referendums over whether to pay creditors by selling off the public domain and raising taxes to impose unemployment, falling wages and economic depression. The alternative is to write down debts or even annul them, and to re-assert regulatory control over the financial sector.

Near Eastern rulers proclaimed clean slates for debtors to preserve economic balance

Charging interest on advances of goods or money was not originally intended to polarize economies. First administered early in the third millennium BC as a contractual arrangement by Sumer’s temples and palaces with merchants and entrepreneurs who typically worked in the royal bureaucracy, interest at 20 per cent (doubling the principal in five years) was supposed to approximate a fair share of the returns from long-distance trade or leasing land and other public assets such as workshops, boats and ale houses.

As the practice was privatized by royal collectors of user fees and rents, “divine kingship” protected agrarian debtors. Hammurabi’s laws (c. 1750 BC) cancelled their debts in times of flood or drought. All the rulers of his Babylonian dynasty began their first full year on the throne by cancelling agrarian debts so as to clear out payment arrears by proclaiming a clean slate. Bondservants, land or crop rights and other pledges were returned to the debtors to “restore order” in an idealized “original” condition of balance. This practice survived in the Jubilee Year of Mosaic Law in Leviticus 25.

The logic was clear enough. Ancient societies needed to field armies to defend their land, and this required liberating indebted citizens from bondage. Hammurabi’s laws protected charioteers and other fighters from being reduced to debt bondage, and blocked creditors from taking the crops of tenants on royal and other public lands and on communal land that owed manpower and military service to the palace.

In Egypt, the pharaoh Bakenranef (c. 720-715 BC, “Bocchoris” in Greek) proclaimed a debt amnesty and abolished debt-servitude when faced with a military threat from Ethiopia. According to Diodorus of Sicily (I, 79, writing in 40-30 BC), he ruled that if a debtor contested the claim, the debt was nullified if the creditor could not back up his claim by producing a written contract. (It seems that creditors always have been prone to exaggerate the balances due.) The pharaoh reasoned that “the bodies of citizens should belong to the state, to the end that it might avail itself of the services which its citizens owed it, in times of both war and peace. For he felt that it would be absurd for a soldier … to be haled to prison by his creditor for an unpaid loan, and that the greed of private citizens should in this way endanger the safety of all.”

The fact that the main Near Eastern creditors were the palace, temples and their collectors made it politically easy to cancel the debts. It always is easy to annul debts owed to oneself. Even Roman emperors burned the tax records to prevent a crisis. But it was much harder to cancel debts owed to private creditors as the practice of charging interest spread westward to Mediterranean chiefdoms after about 750 BC. Instead of enabling families to bridge gaps between income and outgo, debt became the major lever of land expropriation, polarizing communities between creditor oligarchies and indebted clients. In Judah, the prophet Isaiah (5:8-9) decried foreclosing creditors who “add house to house and join field to field till no space is left and you live alone in the land.”

Creditor power and stable growth rarely have gone together. Most personal debts in this classical period were the product of small amounts of money lent to individuals living on the edge of subsistence and who could not make ends meet. Forfeiture of land and assets – and personal liberty – forced debtors into bondage that became
irreversible. By the 7th century BC, “tyrants” (popular leaders) emerged to overthrow the aristocracies in Corinth and other wealthy Greek cities, gaining support by cancelling the debts. In a less tyrannical manner, Solon founded the Athenian democracy in 594 BC by banning debt bondage.

But oligarchies re-emerged and called in Rome when Sparta’s kings Agis, Cleomenes and their successor Nabis sought to cancel debts late in the third century BC. They were killed and their supporters driven out. It has been a political constant of history since antiquity that creditor interests opposed both popular democracy and royal power able to limit the financial conquest of society – a conquest aimed at attaching interest-bearing debt claims for payment on as much of the economic surplus as possible.

When the Gracchi brothers and their followers tried to reform the credit laws in 133 BC, the dominant Senatorial class acted with violence, killing them and inaugurating a century of Social War, resolved by the ascension of Augustus as emperor in 29 BC.

Rome’s creditor oligarchy wins the Social War, enslaves the population and brings on a Dark Age
(CONTINUE READING AT COUNTERPUNCH.ORG)

Sunday, October 14, 2012

Ron Paul: Government Dependency Will End in Chaos

Ron Paul
Infowars.com
October 13, 2012

The media insists on characterizing statements about dependency on government handouts as controversial, but in truth such statements are absolutely correct. It’s not that nearly half of Americans are dependent on government; it’s actually more than half. If one includes not just people on food stamps and welfare, but also seniors on Medicare, Social Security and people employed by the government directly, the number is more like 165 million out of 308 million, which is 53%.

Some argue that Social Security and Medicare benefits are a right because people pay into these programs their whole lives, or that we need a government safety net in place for people who fall on hard times. However, this all becomes a moot point when the funds people depend on become worthless due to government default or rampant inflation.

This is less an issue of dignity or dependence on government, and more about the deceitfulness of government promises.

The Fed recently announced that it plans to keep interest rates near zero and keep buying near worthless assets from banks indefinitely. This enables Congress to spend without having to take deficits or the debt seriously and there is every indication they intend to spend with impunity until the system collapses. There are no brakes on the runaway train. The federal debt ceiling law does nothing to limit spending. The ceiling will have to be raised yet again perhaps before the year is out. What is happening in Greece with austerity measures and riots in the street will happen here within a decade according to some realistic estimates if we do not find some way to fiscally restrain our government.

There is little point in a debate about being entitled to healthcare or food or shelter from fellow taxpayers if the whole system has collapsed. And, with the way our politicians have taken over and mismanaged vast amounts of resources, collapse seems almost unavoidable. Yet the number of Americans who have significant dependency on government is dangerously high, and I honestly fear for them.

Worse, corporate welfare is also at an all time high with no signs of diminishing. Though it is hard to quantify, Tad Dehaven at Cato has estimated that the government spends nearly twice as much on corporate welfare than on social welfare. Both parties are equally guilty. More and more, the business sector is learning to rely on taxpayer largesse in one form or another. They used to be solely concerned with providing a better product to the consumer at a better price. Now, success on Wall Street depends entirely too much on having the best lobbyists on K Street. If one includes the employees of “private” businesses who depend on government contracts, grants or bailouts, there are even more people dependent on government in some way.


Government does not create resources when it taxes people and prints money; it merely redistributes the wealth, while supporting a massive, wasteful bureaucracy along the way. Government is a giant, blood-sucking parasite on our otherwise healthy economy. For too long we have entrusted too much economic power and influence to irresponsible politicians in Washington. It’s the chaos that ensues after they run the system into the ground that will be so painful for so many people. But realigning our economy with the free market and away from government mandates and handouts must happen in order for it to thrive again.
The answer is not to keep asking government to do more. The answer is to extricate our economy and ourselves from the grasp of Washington DC as much as possible now, before our dependency becomes our downfall.

This article first appeared on Congressman Ron Paul’s paul.house.gov site.

Friday, October 12, 2012

An Economy of Illusions

Tim Kelly
Infowars.com
October 12, 2012

For the past four years, talking heads, pundits, and other regime apologists have been looking for “green shoots” and other signs of an economic recovery to vindicate the U.S. government’s fiscal and monetary shenanigans.
 
So when the Bureau of Labor Statistics (BLS) released its report on October 5 showing the creation of 114,000 new jobs in September and a reduction in the unemployment rate from 8.1 percent to 7.8 percent, it was hailed by many as a major victory for the Obama administration and the Federal Reserve. Indeed, it was cited as proof that all the deficit spending and “quantitative easing” (money printing) had finally paid off.

Well, maybe not.

It turns out the methodology the BLS used to produce their rosy jobs report is rather dubious. As Mark Twain said, “There are three kinds of lies: lies, damned lies, and statistics.”

According to the BLS, “In September, 2.5 million persons were marginally attached to the labor force.” These people “wanted and were available for work,” but “they were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.”

So the BLS’s official unemployment rate simply ignores 2.5 million unemployed Americans. I suppose that is more humane than conscripting them into work brigades or “disappearing” them into FEMA camps, but it’s still dishonest.

Stock prices predictably soared in reaction to the phony good news, providing further evidence that Wall Street has become totally decoupled from the real economy.

For a more accurate rendering of economic conditions in the country, one should look at the statistics showing a dramatic increase in involuntary part-time workers (600,000) and a concentration in low-paid service jobs. Manufacturing also continued its demise, shedding some 16,000 jobs in September.

The United States is rapidly becoming a nation of the underemployed, barely scraping by and desperate for part-time work in order to make their ends meet. This is the face of the “new economy.”

And to make matters worse for the beleaguered American worker, inflation appears to be rearing its ugly head once again. The consumer price index (CPI) increased 0.6 percent in August, thus raising the specter of stagflation (simultaneous high unemployment and price inflation).

The Obama White House is certainly not the first administration to fudge numbers in order to paint a false picture of prosperity. Republican and Democratic administrations have been underreporting the unemployment and inflation rates for decades.

According to John Williams of Shadowstats, the current real unemployment rate is around 22 percent, while real annual inflation is above 10 percent. Those numbers are indicative of an inflationary depression; so it’s understandable that incumbent politicians would favor the BLS’s rosy report over grim reality.

Tens of millions of Americans recently tuned in to watch Barack Obama and Mitt Romney face off in a debate over the state of the US economy.

While the candidates exchanged accusations and talking points, neither mentioned the Federal Reserve, QE3, Uncle Sam’s $220 trillion in unfunded liabilities, the crisis in the eurozone, nor the impending collapse of the U.S. dollar as the world’s reserve currency.

All of those are critical economic issues, and how they are resolved will have an enormous impact on the lives of every American. But they received nary a mention during the hour-and-a-half debate about the economy.

The ugly truth is the system is busted, and voting for Romney or Obama isn’t going to make any difference at all. Neither man has the courage, understanding, or wisdom to implement the radical changes that are necessary to right the ship of state.

And then there are the recent exploits of the Federal Reserve.

The Fed has held interest rates at zero for four years and just recently announced that they will hold them there for at least another two.

This means that real inflation will continue being higher than interest rates. Such an easy-money policy is very hard on savers, who are now getting a negative return on their capital. With the Fed effectively telling people not to save and instead to consume as much as possible before their money suffers further devaluation, the nation is devouring its seed corn and thus ensuring an economic famine in the near future.

How can the middle class survive under such a monetary regime?

It cannot.

If the Fed continues with its money printing, the vast majority of Americans will be impoverished and made wards of the state. Indeed, with more than 45 million Americans already receiving food stamps, the country is well down this road to serfdom.

The core economic problem is that the country has been borrowing and spending well beyond its means for decades. Now that the bill has come due, the Fed’s response is to create more money out of thin air. (READ MORE)

Friday, October 5, 2012

16 Critical Economic Issues That Obama And Romney Avoided During The Debate

Michael Snyder
The Economic Collapse
Oct 5, 2012

Did you watch the presidential debate on Wednesday night?  It is absolutely amazing how they can have an hour and a half debate about the economy and say so little.  It seemed like both candidates were falling all over each other wanting to talk about how much they value education, but will more education really solve our problems?

After all, 53 percent of all Americans with a bachelor’s degree under the age of 25 were either unemployed or underemployed in 2011.  So perhaps they should just both agree that education is a good thing and start talking about how to create more jobs for all of us.  If you want to grade the debate from a technical standpoint, clearly Romney was the winner of the debate.  Romney was full of energy and was generally sharp with his answers.  Obama looked like he had just popped a couple of antidepressants and was ready for nap time.  As a result, this might have been the worst blowout in the history of presidential debates.  A CNN/ORC International poll that was taken right after the debate found that 67 percent of all Americans that had watched the debate thought that Romney was the winner.  Never before had any presidential candidate crossed the 60 percent mark in the history of their post-debate polling.  So Romney definitely had a big night.  But the reality is that both candidates were telling the American people what they want to hear.  If either Obama or Romney told the truth about what we are facing they would lose votes, and in a race this tight both of them really want to avoid doing that.  Obama and Romney both desperately want to win this election, and the words that are coming out of their mouths have been carefully crafted to appeal to the “undecided voters” in the swing states.  If you actually believe that they can deliver on everything that they are promising, then you must not have been paying much attention to U.S. politics over the past several decades.

Perhaps the biggest failure on Wednesday night was debate moderator Jim Lehrer of PBS.  His questions were about as far from “hard hitting” as you could get.

The hour and a half debate was almost entirely about the economy, and yet almost all of the critical economic issues were ignored.

Yes, Obama and Romney have slight differences when it comes to tax rates and regulations, but those small differences are not going to do much to change the direction of this country one way or another.

Meanwhile, there were some really huge issues about the economy that were not addressed at all last night….

1 – In an hour and a half debate about the economy, the Federal Reserve was not mentioned a single time.
(CONTINUE READING)

Wednesday, August 8, 2012

Full Spectrum Evil: Secrets of Global Domination

Infowars.com
August 8, 2012

From time immemorial, royalty, priest classes and other self-appointed elites have used any means necessary to dominate the population and keep it divided amongst itself. Alex Jones uses the games of chess, risk and monopoly to explain the classic modes of control used by rulers, representing classic warfare between two factions, world warfare with a complex conflict, and, of course, economic warfare.


Audit the Fed Threatens the Secrecy of the Federal Reserve Bank

Susanne Posel
Infowars.com
August 7, 2012

Congressman Ron Paul, author of the legislation called Federal Reserve Transparency Act of 2012 (HR459) that will subject Ben Bernanke and the privately-owned Federal Reserve Bank to a monetary audit policy  has seen much support from his peers on Capitol Hill. The House of Representatives passed 327 – 98 on a vote last week which exceeded the necessary 2/3rd majority.

Bernanke, trying to deter the US Congress from digging into the private matters of the Fed, told House lawmakers that this legislation would allow a “nightmare scenario” of political meddling in monetary policy making. How pretentious of this head of the global Elite banking cartel to say that American representatives would be fumbling idiots meandering about in the matters of private shareholders being forced to disclose their agendas regarding our money system.

Paul, who is pushing for “transparency” in America’s relationship with the Fed, said that Americans are “sick and tired of what happened in the bailout and where the wealthy got bailed out and the poor lost their jobs and they lost their homes.”

Back in March, Bernanke lectured at the George Washington University in a propaganda stunt  to reaffirm to the younger generations that the Federal Reserve is necessary and integral to the US monetary future. Bernanke claimed that “a central bank is not an ordinary commercial bank, but a government agency.”

By fabricating the factual need of the Fed as a cornerstone of our currency system, Bernanke tried to coerce the public on the benefits of the Fed. Dennis Kucinich said that “it’s time that we stood up to the Federal Reserve that right now acts like some kind of high, exalted priesthood, unaccountable to democracy.”

Paul wants to show the American public that their hard-earned money is going into off-shore accounts to support the global central banking cartels and fund their agendas. The focus is on the 2007 – 2009 “recession” that has laid the groundwork for hyper-inflation in the near future. (CONTINUE READING)

Thursday, June 28, 2012

German Police Officers Take Off Helmets & Marched With German Citizens Against Rothschild European Central Bank!






The German police took off their helmets and marched with the protesters- clearing the way for them. 

Blockupy Frankfurt. Police are escorting. Reports 20,000+ protesters. Nice to see their faces…. and their humanity coming through…

 

 

Who Owns The European Central Bank?

The same people who own the Federal Reserve and who owned the first national bank of America, The Second national bank of America, The Bank of England.
The same people who has been responsible for almost every war on earth…
The Rothschild A.K.A. The Illuminati who are satanist. No they are not Jewish but they pretend to be. They want us to hate everyone else, so while we are fighting each other, they can own us all and laugh in the background.
RISE UP FIGHT THE POWER!
God be with you!
These Are The Same Cronies That Usurped The United States Central Bank _ The Federal Reserve And Turned Healthy Capitalism Into Cronie Capitalism By Derivative Fraud! (CONTINUE READING)

Tuesday, June 26, 2012

10 Things That Every American Should Know About The Federal Reserve

| 
businessinsider.com
February 09, 2012
 
A Private Property sign at the Dallas Federal Reserve
What would happen if the Federal Reserve was shut down permanently? That is a question that CNBC asked recently, but unfortunately most Americans don't really think about the Fed much.

Most Americans are content with believing that the Federal Reserve is just another stuffy government agency that sets our interest rates and that is watching out for the best interests of the American people. But that is not the case at all.

The truth is that the Federal Reserve is a private banking cartel that has been designed to systematically destroy the value of our currency, drain the wealth of the American public and enslave the federal government to perpetually expanding debt.

Read more: http://articles.businessinsider.com/2012-02-09/wall_street/31040431_1_interest-rates-big-banks-member-banks#ixzz1ywWXaAw4


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