Hang Onto Your Wallets:
Banks are preparing to strip people’s wealth by imposing negative interest rtes on deposits, after removing the option to use cash.
Continue reading →Banks are preparing to strip people’s wealth by imposing negative interest rtes on deposits, after removing the option to use cash.
Continue reading →Unemployment, Collapsing Infrastructure An Incompetent Social-political-economic System: America is “On the Road to the Third World” By Dr. Paul Craig Roberts, Global Research, October 30, 2015 http://www.globalresearch.ca/unemployment-collapsing… On January 6, 2004, Senator Charles Schumer and I challenged the erroneous idea that jobs offshoring was free trade in a New York Times op-ed. Our article so astounded economists that within a few days Schumer and I were summoned to a Brookings Institution conference in Washington, DC, to explain our heresy. In the nationally televised conference, I declared that the consequence of jobs offshoring would be that the US would be a Third World country in 20 years. That was 11 years ago, and the US is on course to descend to Third World status before the remaining nine years of my prediction have expired. The evidence is everywhere. In September the US Bureau of the Census released its report on US household … Continue reading →
America is “On the Road to the Third World” Unemployment, Collapsing Infrastructure, An Incompetent Social-political-economic System: By Dr. Paul Craig Roberts, Global Research, October 30, 2015 http://www.globalresearch.ca/unemployment-collapsing-infrastructure… On January 6, 2004, Senator Charles Schumer and I challenged the erroneous idea that jobs offshoring was free trade in a New York Times op-ed. Our article so astounded economists that within a few days Schumer and I were summoned to a Brookings Institution conference in Washington, DC, to explain our heresy. In the nationally televised conference, I declared that the consequence of jobs offshoring would be that the US would be a Third World country in 20 years. That was 11 years ago, and the US is on course to descend to Third World status before the remaining nine years of my prediction have expired. The evidence is everywhere. In September the US Bureau of the Census released its report on US household … Continue reading →
“Running Out of Money” The US Government On the Brink of Default How Obama Could Beat the Debt Ceiling Ellen Brown / Web of Debt, Posted on Oct 28, 2015 A Treasury Issue of Special Coins Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of democracy is idle and futile — Canadian Prime Minister William Lyon Mackenzie King, 1935 On November 3rd, the US government will again run out of money due to a debt ceiling artificially imposed by Congress. This is the third time in four years that a radical faction has taken the country to the brink of default to extort concessions that are at best only marginally related to the budget. The debt ceiling is an unconstitutional gimmick that violates the 14th amendment, which says the validity of the … Continue reading →
Barcelona follows Wörgl Daily Pickings has often referred to the dark art of money and how banks are the biggest obstacle to change; the global banking network is a primary lever of power through which the Structural Elite exert control. Alternative currencies such as Bitcoin and the Bristol Pound are threats to the banking dynasties’ power but are relatively small. The Euro is a stepping stone to a single world currency and its dissolution would be a setback on the road to one world government which is why the Bank of Madrid (controlled by the Structural Elite via the Bank of International Settlements) is so angry at Barcelona’s mayor introducing a local currency. Barcelona Threatens To Print Parallel Currency, Madrid Seethes by Tyler Durden Socialist mayor to fulfill campaign promises by “printing” money. Over the next six months, Barcelona’s left-wing city council plans to roll out a cash-less … Continue reading →
Killing Off Community Banks Intended Consequence of Dodd-Frank? by Ellen Brown, The Web of Debt Blog | News Analysis. 23 October 2015 President Obama and other lawmakers at his signing of the Dodd-Frank Wall Street Reform and Consumer Protection Act in Washington, July 21, 2010. (Doug Mills / The New York Times) At over 2,300 pages, the Dodd Frank Act is the longest and most complicated bill ever passed by the US legislature. It was supposed to end “too big to fail” and “bailouts,” and to “promote financial stability.” But Dodd-Frank’s “orderly liquidation authority” has replaced bailouts with bail-ins, meaning that in the event of insolvency, big banks are to recapitalize themselves with the savings of their creditors and depositors. The banks deemed too big are more than 30% bigger than before the Act was passed in 2010, and 80% bigger than before the banking crisis of 2008. The … Continue reading →
Google Degenerates into Ministry of Truth All Knowledge Must Now Be Pre-approved by Search Algorithm Jonathan Benson, Global Research, October 14, 2015; Natural News Gone are the days when you could search Google and pull up neutral, relevant content appropriate to your search query. The search engine giant is reportedly pioneering a new search algorithm that will tailor search results not based on popularity or accuracy, but rather on what Google itself deems to be truthful or untruthful. The world’s new “Ministry of Truth”, Google believes that screening and censoring information requested by its users will help avoid “websites full of misinformation” from showing up at the top of the search list. Known as the “Knowledge Vault,” the novel algorithm is described by The New American as “an automated and super-charged version of Google’s manually compiled fact database called Knowledge Graph.” Google’s Knowledge Graph, in case you didn’t know, was the … Continue reading →
Putin and the Press “The Demonology School of Journalism” Prof. James Petras, Global Research, October 12, 2015 The major influential western print media are engaged in a prolonged, large-scale effort to demonize Russian President Putin, his politics and persona. There is an article (or several articles) every day in which he is personally stigmatized as a dictator, authoritarian, czar, ‘former KGB operative’ and Soviet-style ruler; anything but the repeatedly elected President of Russia. He is accused of hijacking Russia from the ‘road to democracy’,as pursued by his grotesquely corrupt predecessor Boris Yeltsin; of directing the bloody repression of the ‘freedom loving Chechens’; of jailing innocent, independent and critical oligarchs and robber barons; of fomenting an uprising in the ‘democratic, newly pro-Western’Ukraine and seizing control of Crimea; of backing a ‘bloody tyrant’ in Syria (elected President Bashar Assad) in a civil war against ISIS terrorists; of running the Russian economy … Continue reading →
Greece — The One Biggest Lie You Are Being Told By The Media By Global Research News – September 21, 2015; by Truth and Satire 3 July 2015 Every single mainstream media has the following narrative for the economic crisis in Greece: the government spent too much money and went broke; the generous banks gave them money, but Greece still can’t pay the bills because it mismanaged the money that was given. It sounds quite reasonable, right? Except that it is a big fat lie … not only about Greece, but about other European countries such as Spain, Portugal, Italy and Ireland who are all experiencing various degrees of austerity. It was also the same big, fat lie that was used by banks and corporations to exploit many Latin American, Asian and African countries for many decades. Greece did not fail on its own. It was made to fail. In … Continue reading →
The Greek Elections and the EU Bailout From Hope to Fear and Despair. Greece’s National Wealth For Sale Prof. James Petras, Global Research, August 26, 2015 Introduction Eight months will have passed since the election of Syria on January 25 up to the snap elections in September. During that time Syriza’s leaders play-acted their ‘opposition to austerity’ and then knelt down in submission to the ‘Troika’. The contrast between January and now is dramatic: Syriza’s leader, Prime Minister Alexi Tsipras, aroused joy and great hope among the Greek voters with his promises to end Greece’s subjugation to the European oligarchs (the “Troika”) but now convokes snap elections exploiting the pervasive fear and misery among the population. Greeks confront a future of even greater impoverishment and despair with an entire generation bound up and delivered to forty years of debt slavery and colonial subjugation by their elected Syriza leaders. In January, Syriza swept … Continue reading →