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thebirdflupandemic.com, $1000 Per Day Fine And 30 Days In Jail For Refusing The Swine Flu Vaccine In Massachusetts?

“A new law just passed in Massachusetts imposes fines of up to $1000 per day and up to a 30 day jail sentence for not obeying authorities during a public health emergency.”

Massachusetts Bill 2028 is explained at 1 min 40 seconds into the video below:

North American Leaders Summit August, 2009 North American Leaders Summit in Guadalajara, Mexico

Greenpeace Leader Admits Organization Put Out Fake Global Warming Data

Tom Ridge: I Was Pressured To Raise Terror Alert To Help Bush Win

House Passes the 1,200-page Climate Bill that Congress was Not Allowed to Read  (2videos below)

Thought Crime Bills Threaten Talk Radio

9/11 Truth Activist Sues Glenn Beck and Fox News for Defamation

Glenn Beck’s Outrageous Lie: Racist Von Brunn is “Hero of 9/11 Truthers”

Homeland Security to scan fingerprints of travellers exiting the US

Texas Senate Endorses Freeway Spy Cameras

Families line up for Masonic child ID program

Orchestrated New York Terror Plot Exploited to Increase Funding

Airport security bares all, or does it?

W.H.O. May Raise Alert Level as Swine Flu Cases Leap in Japan

END OF FREE SPEECH?

Infowars Credited with Exposing Illegal Tennessee Checkpoint

JUST MORE PROOF THAT THERE IS NO MORE LEFT,RIGHT PARADIGM

"The Worst Is Yet to Come"

Obama to resume Guantanamo trials

Infowars Credited with Exposing Illegal Tennessee Checkpoint

Government Readies Youth Corps To Take On Vets

Tucker Confirms Geithner Presence at Bilderberg Meeting

Senate Rejects Limit on Credit-Card Interest Rates

Minor League NGO Calls for Globalist Imposed “Democracy”

Writer Detained For Taking Photo Of Sea View Near Bilderberg Hotel

Who Rules America?

CNSNews.com Iraq Violence Up As Target Date Nears for Troop Pullout From Cities

Monday, May 11, 2009
By Patrick Goodenough, International Editor
A boy inspects the aftermath of a car bombing in Baghdad, Iraq,on Monday, May 5, 2009. (AP Photo/Hadi Mizban)(CNSNews.com) – Six weeks before the target date for the withdrawal of U.S. forces from Iraqi cities – and amid a recent spike in violence -- it remains unclear how many troops will stay on, but Prime Minister Nouri al-Maliki said Sunday that a “responsible” redeployment would not affect security.
 
In a statement after meeting with U.S. House Speaker Nancy Pelosi in Baghdad, Maliki said the Iraqi government would not need large numbers of U.S. troops inside cities “after we get control of them.”
 
A status of forces agreement drawn up late last year provides for U.S. troops to redeploy out of urban areas by the end of June; for all combat operations to end by the end of August 2010; and for all troops to withdraw from the country by the end of 2011. There are currently 134,000 American troops in Iraq.
 
Pelosi’s office said in a statement that Maliki and Iraqi parliamentary speaker Ayad al-Samarai had confirmed their commitment to implementing the terms of the agreement.
 
U.S. Army General Ray Odierno, the senior commander in Iraq, said Friday that troops had essentially pulled out of the cities already, except for Mosul – where major security operations were still underway – and Baghdad.
 
He told a Pentagon briefing that U.S. advisory and transition teams would continue to be embedded with Iraqi forces after the end of June but that exact numbers would be determined by local operational commanders. He estimated that about 20 percent of the forces currently in the cities would likely stay on.
 
“There’s going to be about an 80 percent reduction of U.S. presence in the cities once we come out of the cities,” he said. “And what we’re going to be doing is non-combat operations. We’re going to be in liaison cells … [and] if they request it, then we can bring in combat assistance to help them.”
 
A recent spate of bomb attacks has raised concern about a security deterioration, but Odierno noted that, overall, violence levels were around their lowest since the March 2003 invasion.
 
He described the recent bombings as “high-profile suicide attacks designed to garner attention and spark sectarian discord within Iraq,” but stressed that the situation was nowhere near its darkest days.
 
“I would emphasize that this is not 2006 or 2007,” he said. “All the political parties and government officials are appropriately disavowing the recent attacks.”
 
Odierno said neighboring Iran was still funding, training and equipping fighters carrying out “disruptive operations” in Iraq, although he said the level had lessened somewhat.
 
Iraqi officials said 355 Iraqis were killed during April. The previous April, according to Iraq Body Count project figures, the number was 1,260, and in April 2007, it was 2,436. The project bases its count on media reports.
 
April was the deadliest month this year for U.S. troops, with 19 killed, 13 of them in combat-related incidents. The previous three months’ figures were nine (four combat-related) in March; 17 (11 combat-related) in February; and 16 (four combat-related) in January.
 
The March toll was the lowest monthly number recorded since March 2003, and the tied March and January combat-related deaths were also the lowest since the war began, according to a Cybercast News Service database of Iraq casualties.
 
Although the 19 fatalities in April were the highest for the year, they marked a 64 percent drop from April 2008, when 53 American personnel died, 43 of them in combat-related incidents. In April 2007, 105 troops were killed, 98 in combat.
 
U.S. Casualties in Operation Iraqi Freedom in April
 
Combat
 
Army Spc. Israel Candelaria Mejias, 28, of San Lorenzo, Puerto Rico, died on April 5 near Baghdad, of wounds sustained when a mine detonated near him during combat operations.
 
Five soldiers died on April 10 when their military vehicle was struck by a suicide vehicle-borne improvised explosive device in Mosul.
 
They were Staff Sgt. Gary L. Woods Jr., 24, of Lebanon Junction, Ky.;  Staff Sgt. Bryan E. Hall, 32, of Elk Grove, Calif.; Sgt. Edward W. Forrest Jr., 25, of St. Louis, Mo.; Cpl. Jason G. Pautsch, 20, of Davenport, Iowa; and PV2 Bryce E. Gautier, 22, of Cypress, Calif.
 
Army Cpl. Michael J. Anaya, 23, of Crestview, Fla., died on April 12 in Bayji, Baghdad province when an improvised explosive device detonated near his vehicle.
 
Army Sgt. Raul Moncada, 29, of Madera, Calif., died April 13 near Baghdad, of wounds sustained when an explosive device detonated near his vehicle.
 
Army Cpl. Brad A. Davis, 21, of Garfield Heights, Ohio, died April 22 near Baghdad of wounds sustained when an improvised explosive device detonated near his vehicle.
 
Army Sgt. Leroy O. Webster, 28, of Sioux Falls, S.D., died April 25 near Kirkuk, after being shot while on a dismounted patrol.
 
Marine Sgt. James R. McIlvaine, 26, of Olney, Md. died on April 30 while supporting combat operations in Anbar province.
 
Marine Staff Sgt. Mark A. Wojciechowski, 25, of Cincinnati, Ohio died on April 30 while supporting combat operations in Anbar province.
 
Navy Petty Officer 2nd Class Tyler Trahan, 22, of East Freetown, Mass., died on April 30 while conducting combat operations in Fallujah.
 
Non-combat
 
Six U.S. servicemen died during April in incidents not related to combat.
 
Marine Lance Cpl. Stephen F. Dearmon, 21, of Crossville, Tenn., died April 3 as a result of a non-hostile incident in Anbar province.
 
Army Sgt. Daniel J. Beard, 24, of Buffalo, N.Y., died April 3 in Al Diwaniyah, of injuries sustained from a non-combat related incident.
 
Army Sgt. Christopher Loza, 24, of Abilene, Texas, died on April 10 at Walter Reed Army Medical Center in Washington, D.C., of a non-combat related illness after falling ill on March 17 in Radwaniyah, Iraq.
 
Marine Lance Cpl. Ray A. Spencer II, 20, of Ridgecrest, Calif., died on April 16 as a  result of a non-hostile incident in Anbar province.
 
Marine Cpl. William C. Comstock, 21, of Van Buren, Ark., died on April 22 as a result of a non-hostile incident in Anbar province.
 
Army CSM Benjamin Moore, Jr., 43, of Waycross, Ga., died Apr 24 at Contingency Operating Base Speicher, Iraq, of injuries sustained in a non-combat related incident.

Former Top Rated NRA Senator to Introduce Gun Ban This Week

Former Top Rated NRA Senator to Introduce Gun Ban This Week

Kurt Nimmo
Infowars
May 11, 2009 Senator Kirsten Gillibrand, Democrat and member of the so-called Blue Dog Coalition, plans to introduce an assault weapons ban this week. Gillibrand, the junior senator from New York, was at one time highly rated by the NRA for her advocacy of the Second Amendment.

Senator Kirsten Gillibrand poses with fellow gun-grabber Hillary Clinton. Newsday claims Gillibrand has “undergone a transformation” over the last three months and has moved away from “her House record that won the NRA’s top rating while remaining a supporter of Second Amendment rights to gun ownership.” Since her Senate appointment, she has “passed just about every test on guns set by Rep. Carolyn McCarthy,” who reintroduced a bill closing the so-called gun-show loophole at a news conference last week.

It appears likely Ms. Gillibrand was a gun-grabber all along and used the Second Amendment as an election ploy. Polls indicate a large percentage of voters strongly support the Second Amendment.

McCarthy’s bill, H.R. 6676, would utilize the National Instant Criminal Background Check System for background checks on all gun store employees and dealers. In addition to H.R. 6676, three other bills have been offered including laws that would make it illegal for known or suspected terrorists to buy guns.

As reported by Infowars last week, the House is currently working on H.R. 2159, The Denying Firearms and Explosives to Dangerous Terrorists Act of 2009, sponsored by Rep. Peter King of New York. The bill would “increase public safety by permitting the Attorney General to deny the transfer of a firearm or the issuance of firearms or explosives licenses to a known or suspected dangerous terrorist.”

Larry Pratt, executive director of Gun Owners of America, told WorldNetDaily the bill will likely be used in junction with the DHS “Rightwing Extremism” report that characterizes advocates of the Second Amendment and others as terrorists. “By those standards, I’m one of [DHS Secretary] Janet Napolitano’s terrorists,” Pratt said. “This bill would enable the attorney general to put all of the people who voted against Obama on no-gun lists, because according to the DHS, they’re all potential terrorists.”

Senator Gillibrand is working closely with gun-grabbing organizations, including New Yorkers Against Gun Violence and the Brady Campaign, according to Matt Canter, Gillibrand’s spokesman. New York City Police Commissioner Ray Kelly and others are working with Gillibrand on “anti-trafficking legislation to stop the flow of illegal guns,” Canter told Newsday.

The Obama administration recently attempted to link the right to own firearms to drug cartel violence in Mexico. Secretary of State Hillary Clinton and other administration officials have said 90 percent of the weapons used to commit crimes in Mexico come from the United States. In fact, only 17 percent of guns found at Mexican crime scenes have been traced to the U.S. Statistics reveal that most of the guns flowing into Mexico come from the black market, Russian crime organizations, South America, Asia, Guatemala, and the Mexican Army.

A d v e r t i s e m e n t

Soon after his shoo-in confirmation, Attorney General Eric Holder revived the assault weapons ban debate. Responding to a reporter’s question on weapons’ regulations, Holder said, “Well, as President Obama indicated during the campaign, there are just a few gun-related changes that we would like to make, and among them would be to reinstitute the ban on the sale of assault weapons. I think that will have a positive impact in Mexico, at a minimum.” Holder did not provide details on when legislation would be presented to Congress. Democrats are reluctant to make additional attacks against the Second Amendment. In 1994, the issue was instrumental in handing over control of Congress to the Republicans. Earlier this year, the Democratic-led Senate dealt a body blow to the gun control movement, when 22 Senate Democrats, led by Majority Leader Harry Reid, D-Nev., joined 40 Republicans to shelve firearms restrictions in the nation’s capital.

Democrats fearful of backlash have told the Obama administration they would “actively oppose” any renewal of the assault weapons ban. Democrat senators Jon Tester and Max Baucus warned they would “strongly oppose any legislation that will infringe upon the rights of individual gun owners.”

Democrats, however, are biding their time. Veteran gun-grabber Sen. Dianne Feinstein, a California Democrat, author of the 1994 assault weapons ban, told CBS’ “60 Minutes” on April 12 that she has no intention of reintroducing the assault weapons ban at this time. “I’ll pick the time and the place, no question about it,” she said, that is to say when the opportunistic introduction of such legislation is politically expedient and will not damage her party.

Government propaganda and exploitation of recent high profile “gun violence” stories by the corporate media have not turned the public against the Second Amendment. “Recent polls show shrinking support for new gun control measures and strong public sentiment for enforcing existing laws instead. So strong is the shift in public opinion that a proposed assault-weapons ban — once backed by three in four Americans — now rates barely one in two,” reports the Houston Chronicle.

An April poll by NBC News and the Wall Street Journal found that support for curbing the sale of assault weapons and semiautomatic rifles has dropped from 75 percent in 1991 to 53 percent today.

Is America about to go broke?

Scott Burns
NSN Money
May 11, 2009 Prices dropped last year. But we still need to invest to protect ourselves from inflation. That’s why our retirement-plan investing needs an inflation “tilt.” You’ll understand why in a few paragraphs.

A d v e r t i s e m e n t

How bad will future inflation be? I don’t know. Neither does anyone else. It could be a normal inflation of 3% to 4% a year. It could also be a banana-republic 10% a month. What we know is that all governments make promises they can’t fulfill. Our government certainly has. Under both political parties, it has taken promise making to a high art. This is not hyperbole. The figures can be found in regularly published government reports.

Much worse than you probably think

The figures exist, but they are ignored. News reports regularly inform us of the growing federal deficit, projected at a stunning $1.75 trillion for fiscal 2009 and $1.17 trillion for 2010. But regularly reported, less visible government obligations have been growing much faster.

In the nearly five years from January 2003 to December 2007, the Medicare trustees reported that the unfunded liabilities of Social Security and Medicare grew by a stunning $10.4 trillion. The average annual growth topped $2 trillion.

Military Police Document Reveals Integration with Local Law Enforcement

 

Kurt Nimmo
Infowars
May 8, 2009 On May 5, the WikiLeaks website posted a document entitled “Concept of Operations for Police Intelligence Operations” produced by the U.S. Army and dated March 4, 2009. The 60 page PDF is a “For Official Use Only” intelligence manual from the U.S. Army’s Military Police School.

Click on image to read the document in PDF. “PIO [Police Intelligence Operations] supports the homeland defense goals of detecting, deterring, preventing and defeating threats and attacks,” the document states. “PIO supports the range of homeland defense operations and civil support protection capabilities. A CONUS [Contiguous United States] based PIO network that is integrated with local, country, tribal, state and federal, law enforcement entities will ensure a federated approach to enable a unified effort for defense support to civil authorities (DSCA) [Defense Support of Civil Authorities] as well as support (within legal constraints) development and exchange of data assisting in the production of watch lists that deny adversaries access to the homeland, fixed installations/facilities, or expeditionary forces in-transit.”

In short, the document explains how the U.S. military, in violation of the Posse Comitatus Act, has “integrated” with local law enforcement under the rubric of the GWOT, or so-called Global War on Terrorism. It stresses the need for military police to collect “information that identifies trends, patterns and associations that indicate a possible nexus disrupting or targeting Army operations” within the United States. The “criminal intelligence produced from this analysis should be focused on future coordination” with local law enforcement, again a direct violation of Posse Comitatus.

In 2005, NBC revealed the existence of a DoD database containing information on the antiwar activities of American citizens. “A secret 400-page Defense Department document obtained by NBC News lists the Lake Worth meeting as a ‘threat’ and one of more than 1,500 ’suspicious incidents’ across the country over a recent 10-month period,” Lisa Myers, Douglas Pasternak, and Rich Gardella reported on December 14, 2005. “Other documents obtained by NBC News show that the Defense Department is clearly increasing its domestic monitoring activities.”

According to Robert Dreyfuss, writing for Rolling Stone, the Pentagon has assembled a nationwide domestic spying machine that rivals the NSA’s warrantless surveillance of telephone and email traffic. “Operating in secret, the Defense Department is systematically gathering and analyzing intelligence on American citizens at home — and a new Pentagon agency called Counterintelligence Field Activity (CIFA) is helping to coordinate the military’s covert efforts with federal, state and local law enforcement agencies.” The Pentagon insists the effort is aimed at preventing another attack by al-Qaeda, but as Dreyfuss notes “the military’s efforts at domestic spying have caught few, if any, terrorists.”

A d v e r t i s e m e n t

In 2008, in response to negative publicity, the Pentagon’s illegal CIFA unit was shuttered, or so the media was told. CIFA maintained a databased called TALON, short for Threat and Local Observation Notice. An ACLU Freedom of Information Act lawsuit in 2006 revealed that the Department of Homeland Security, the FBI’s Joint Terrorism Task Force and local police departments had supplied the Pentagon with information that aided intelligence operations against the antiwar movement. It is not merely the antiwar movement the feds and the military are spying on. During the Tea Party antitax protests held last month, a number of people reported the presence of DHS’ Federal Protective Service at the rallies. “The Department of Homeland Security has an important public safety mission,” says spokesman Russ Knocke. “In a post 9/11 world, I think the public would be comforted to know that part of our mission is to maintain situational awareness of possible vulnerabilities to public safety or even security, such as, for instance, at large public gatherings. The department will, as a routine matter, maintain situational awareness of large public gatherings and share that with state and local partners.”

As it turns out, CIFA was not closed down. It was outsourced to QinetiQ, a major British-owned defense and intelligence contractor based in McLean, Virginia. “Pentagon ‘outsourcing’ of intelligence operations to corporations provide yet another layer of ‘plausible deniability’ to the DoD as it wages the administration’s odious ‘war on terror’ against the American people,” writes Tom Burghardt.

During the Republican National Convention, military intelligence teamed up with federal, state, and local law enforcement to violate the civil liberties of Americans and disregard Posse Comitatus. In late 2008, WikiLeaks posted a DHS document detailing how security forces worked together during the RNC. Many federal, state and local organizations are mentioned in this document and a number of these agencies are military based. NORTHCOM figures prominently in the document (see Did Feds Use Military Intelligence to Spy On RNC Protesters? where there is a link to the DHS document).

The “Concept of Operations for Police Intelligence Operations” document is instrumental because it provides additional information on how this “theater of operation” network operates. Intelligence “fusion cells,” the document explains, are now more prevalent in “operational environments” and these cells enable “commanders to have a ’see, decide and act’ advantage over criminal networks, terrorist groups, cells, and individuals [as noted above, consisting primarily of American citizens opposed to government policies] by ensuring police information and police intelligence is integrated as vital pieces of the overall battlefield visualization.”

As documented on the Infowars and Prison Planet website and covered by Alex Jones on his nationally syndicated radio show, military collaboration with local law enforcement has increased substantially since the false flag terror attacks of September 11, 2001. Most recently, military police have patrolled civilian events such as the Kentucky Derby and the Boston Marathon. DHS, federal agencies, and military police have participated in illegal (under Posse Comitatus) checkpoints in Tennessee, California, Texas, and elsewhere. These operations are designed primarily to acclimate the populace to the presence of uniformed and armed soldiers in our midst — in essence, a standing army — a notion completely antithetical to the sensibilities of the founders.

The “Concept of Operations for Police Intelligence Operations” document is another indication that the military is in the process of incrementally imposing a military dictatorship by stealth in the United States under cover of the bogus GWOT. As then General Tommy Franks told Cigar Aficionado magazine in December, 2003, the next terrorist attack will result in a cancellation of the Constitution and the imposition of a military dictatorship.

The next terrorist attack will be pulled off by the same people as the first one — not a distant organization of patsies and dupes created by the CIA and hiding out in caves, but forces within the shadow government. Before this can happen, however, the military and police state apparatus must be in order. “Concept of Operations for Police Intelligence Operations” provides us with another glimpse of the operational plans now underway.

Secret Bush-Clinton-Federal Reserve Pakistani Accounts Revealed

Tom Heneghan
May 11, 2009 UNITED STATES of America  -  It can now be reported that the recent resignation of former New York Federal Reserve Bank of New York Chairman, Stephen Frieidman, signals an expanding investigation of New York Attorny General Andrew Cuomo, who is not only focused on the massive New York state financial derivative Ponzi Scheme, but is now centered on money laundry, and possible funding of alleged terrorists in Pakistan.

Note: Cuomo was recently in a state of shock when he looked at new evidence linking Citibank, J. P. Morgan, Goldman Sachs and AIG, to not only a terrorist money laundry in Pakistan, but to evidence tying all of these aforementioned brokerage firms and the Federal Reserve itself to PRE 9/11 knowledge, which allowed them to profit with put options and short positions placed before 9/11. 

This allowed these criminal brokerage firms to benefit from the death of near 3,000 in New York City.

Reference: Friedman, who still sits on the Board of Goldman Sachs, has been recently cooperating with the New York Attorney General, but as you will find out in the rest of this briefing, Friedman has been playing both sides against the middle and is now involved in espionage double-cross.

Sources close to Defense Intelligence and the National Security Division of the U.S. Department of Justice, as well as European INTERPOL, have actually fingered Friedman as the bagman for the Bush-Clinton Crime Family Syndicate involving illegal wire transfers of TRILLIONS of dollars of STOLEN U.S. Treasury funds that were laundred through Goldman Sachs brokerage firm in New York City, the Federal Reserve Bank of New York, the Israel Discount Bank and the Federal Reserve itself to the Israeli Bank Leumi in Tel Aviv onto secret U.S. national security accounts in Pakistan.
Note: Assisting Friedman in looting the U.S. Treasury (the back end of the toxic derivatives) is a Pakistani national who is a joint U.S.-Pakistan CIA Intelligence officer with the initials " K.H. "

KH, who was presumed dead by many in the intelligence community, including Stephen Friedman, is now cooperating with European INTERPOL.

Note: Early Saturday morning on May 9, 2009, foreign born alleged President Barack Obama ordered a missile attack near the Pakistan-Afghanistan border, which was was an alleged attack against so-called Al Qaeda terrorists.

We can now report that it was daddy Bush and his little bitch, Bill Clinton, that ordered Obama to launch the attack given reports that the whistleblower KH was in the vicinity.

Clearly, folks, this was not an attack on terrorists but an assassination attempt on KH that failed.

KH has fingered Stephen Friedman, former Federal Reserve Chairman Alan Greenspan, along with former President George Herbert Walker Bush, former Pakistani President Pervez Musharraf in setting up these secret CIA proprietary accounts in Pakistan tied to none other than the late alleged 9/11 terrorist aka patsy CIA employee Tim Osman aka Osama bin Laden.

Note: Bin Laden, who died of kidney failure in December of 2001 and was a cosignator on these accounts, is claimed to still be alive based on the U.S. media’s big lie that he is still wandering the hills of Afghanistan.

Believe this, folks, he is dead as a door nail!

Should bin Laden’s death be reported, the IRS would have immediate access to these secret accounts that now have rotating access codes aka electronic serial combinations based on biblical chapters and verses.

The Pakistan money laundry has been a piggy bank for the Bush-Clinton Crime Family Syndicate since the 9/11 attack on America.

These accounts have now been frozen by the World Court and the International Monetary Fund (IMF) given the cooperation of the now whistleblower KH in handing over the account numbers and access codes aka the biblical chapters and verses that have now prevented daddy Bush, Bill and Hillary Clinton, along with former Federal Reserve Chairman Alan Greenspan from getting into these accounts.

Reference: It has been reported that the Pakistani government refused Barbara Bush, wife of former President George Herbert Walker Bush, and Andrea Mitchell, wife of former Federal Reserve Chairman Alan Greenspan, and Chelsea Clinton, daughter of former President and daddy Bush’s little bitch, Bill Clinton, entry into Pakistan.

A d v e r t i s e m e n t

Reference: It was Chelsea Clinton that used funds from a Goldman Sachs hedge fund to arrange the BRIBING of New York Governor David Paterson in order to keep Caroline Kennedy from being appointed the next New York Democratic U.S. Senator. It is clear now that former Federal Reserve Bank of New York Chairman, Stephen Friedman, is caught in a double cross.

Friedman had been cooperating with the New York state investigation while at the same time keeping secret the existence of these secret Bush-Clinton Crime Family Syndicate’s accounts in Pakistan, which now not only have a possibly link to the Bernard Madoff Ponzi Scheme but to the funding of alleged worldwide Al Qaeda terrorists as well as the 9/11 attack itself.

He clearly thought that KH had died - well he is clearly alive and kicking, folks.

P.S. At this hour the Obama Administration is ignoring a French Intelligence warning of a possible FALSE FLAG terrorist attack that would be staged in New York City around the Broad Street area aka the location of the Goldman Sachs brokerage firm.



We can now divulge that there are tape recorded conversations involving current White House Chief of Staff and former head of the North American Israeli Mossad, Rahm Emanuel, and current Israeli Prime Minister Benjamin Netanyahu, concerning the existence of certain files, documents and computer downloads currently held at Goldman Sachs that involve former Federal Reserve Bank of New York, Chairman Stephen Friedman, the Bernard Madoff Ponzi Scheme and the secret money laundry from the U.S. to Israeli to Pakistan.

French Intelligence sources have, once again, identified certain alleged Al Qaeda types that are linked to the noted 9/11 Israeli Mossad’s Urban Moving Systems espionage group, that is still operating in New Jersey, and have been recently photographed outside the New York financial district.

P.P.S. At this hour there is NO Justice Department as the Obama Administration continues to allow Bush Clinton Crime Family Syndicate rule over the United States.

The bought and paid for U.S. Congress, along with the Department of Homeland Security (DHS), continue to run rampant in attempts to attack the American People.

For example, DHS Secretary Janet Napolitano, who has lunch on occasion with former DHS Secretary Michael Chertoff, still has a terrorist watch list that includes enemies of Karl Rove aka former Democratic Alabama Governor Don Siegelman.

Napolitano and Chertoff have also put together a list called the "Domestic Extremist Lexicon", which classifies individuals as terrorists if they do not agree with corporate, fascist media versions of events.

Not to be left out, radical feminista and tribalist Congresswoman Linda Sanchez (D-CA), is sponsoring legislation (H.R. 1966), which would allow the government to censor the internet if it was determined that internet bloggers brought "emotional distress" to alleged individuals that were being criticized.

Ms. Sanchez is also working on legislation, which would allow the 2nd Amendment rights of the American People to be infringed on should a DHS oversight panel decide that an individual American citizen might be a terrorist and therefore be unable to buy a firearm.

Clearly, according to Ms. Sanchez, if you are critical of Ms. Sanchez you are therefore a "terrorist".

Ms. Sanchez, who favors the illegal invasion of the United States by illegal aliens from Mexico is the REAL terrorist and a THREAT to our U.S. Constitution.

Call the DHS and tell them you have identified a terrorist in our Congress:

     Operator Number: 202-282-8000

     Comment Line: 202-282-8495 

Final note: I want to make it clear to all of our loyal readers that the Bush-Clinton-Federal Reserve Crime Syndicate is desperate.

We, the American People, have uncovered the truth about their TREASONOUS activities.  So, their next step aka the Swine Flu will be to attack us.

Daddy Bush and his little bitch, Bill Clinton, are sociopaths. They are loosing their money and their power and the U.S. Military has told foreign born alleged President Obama that they will not tolerate him enabling any more of this TREASON.

Again, folks, prepare for revolutionary mode.  The best defense is a great offense.

We will do whatever is necessary to save our U.S. Constitution, our beloved Republic, our freedoms and our American way of life and remove these TRAITORS from American soil.

…

We announce to the criminal government and its criminal corporate media enablers:  YOU ARE TOO CORRUPT TO CONTINUE!

We, the American People, who are well armed, will be victorious!

* * *  REMEMBER  * * *

The orders of the day for ALL patriots as we continue to identify the enemies of the American Republic and the American Revolution in the 21st Century and eradicate them:

Oath Keepers: Orders We Will NOT Obey
http://oath-keepers.blogspot.com/2009/03/oath-keepers-declaration-of-orders-we.html

When it comes to the enemies of the American Republic and the American Revolution in the 21st century, we dedicate ourselves to the 2nd American Revolution and making these enemies a memory.

We must remove them from American soil, and DO IT NOW!

Overlord at Yorktown remains relentless and victorious.

At this hour, we live free or die as Lafayette remains at Brandywine and Albert Gore Jr. remains the year 2000 duly eletected, non-inaugurated,  REAL natural born  President of the United States.

America’s “Money Machine”

Stephen Lendman
Global Research
May 9, 2009 Reviewing Ellen Brown’s "Web of Debt:" Part II

This is the second of several articles on Ellen Brown’s remarkable book titled “Web of Debt….the shocking truth about our money system, (how it) trapped us in debt, and how we can break free.” It’s a multi-part snapshot. Reading the entire book is strongly recommended - easily obtainable through Amazon or Brown’s webofdebt.com site.

Bankers Capture the Money Machine - Fighting for the Family Farm

By signing the Federal Reserve Act, Woodrow Wilson was a tool of big money. Yet he belatedly expressed regret, said “I have unwittingly ruined my country,” and called America “one of the worst ruled….most completely controlled governments in the civilized world (run by) a small group of dominant men.” In the 1890s, “keeping the family homestead was a key political issue” given that foreclosures and evictions “were occurring in record numbers,” much like today. The “Bankers Manifesto of 1892″ spelled it out - a willful plan “to disenfranchise farmers and laborers of their homes and property,” again like today except that now our very freedom and futures are at stake as sinister forces aim to steal them by turning America into Guatemala and lock it down by police state repression.

The panic of 1893 caused an earlier depression - severe enough to establish a precedent of street protests, the result of the first ever march on Washington. Businessman/populist Jacob Coxey led his “Coxey’s Army (of around 500) from Massilon, Ohio (beginning March 25, Easter Sunday) to the nation’s capital to demand jobs and a return to debt and interest-free Greenbacks. Local police intervened. The marchers were disbanded. Coxey was arrested. He spent 20 days in jail for disturbing the peace and violating a local ordinance against walking on the grass. However, he was never charged, then released, and is now remembered for his heroics.

He began a tradition later sparking suffragist marches; unemployed WW I veterans for their “Bonus Bill” money; numerous anti-war and earlier civil rights protests; in 2004, one million in the nation’s capital for women’s rights, and the previous day thousands protesting IMF-World Bank policies.

The late 19th century Populist movement was the last serious challenge to private bankers’ monopoly power over the nation’s money. Journalist William Hope Harvey wrote a popular book titled “Coin’s Financial School” that explained the problem in simple English - that restricting silver coinage was a conspiracy to enrich “London-controlled Eastern financiers at the expense of farmers and debtors.” He called England “a money power that can dictate the money of the world, and thereby create world misery.”

He referred to the “Crime of 73″ that limited free silver coinage and replaced it with British gold. It forced America to pay England $200 million annually in gold in interest on its bonds and inspired William Jennings Bryan’s “Cross of Gold” speech. He nearly became president, but lost in a close (big-monied financed) race to William McKinley, but he, too, paid a price. He was later assassinated, likely for his protectionism, very much disadvantaging British bankers. With him gone, the Morgans and Rockefellers dominated US banking, and arranged for friendly leaders to run the country, Teddy Roosevelt included, a man with more bark than bite.

“The trusts and cartels remained the puppeteers with real power, pulling the strings of puppet politicians” who were bought and paid for like today.

The Secret Government

Various presidents suggested the worst of what’s now clear. By signing the Federal Reserve Act, Woodrow Wilson was a tool of big money. Yet he belatedly expressed regret, said “I have unwittingly ruined my country,” and called America “one of the worst ruled….most completely controlled governments in the civilized world (run by) a small group of dominant men.”

Franklin Roosevelt was as clear in saying “The real truth (is that) a financial element in the large centers has owned the government since the days of Andrew Jackson.” Other officials said the same thing, and so did Matthew Josephson (in his 1934 book) calling bankers and business titans “Robber Barons” - men who “lived for market conquest, and plotted takeovers like military strategy.”

They sought monopolies for market dominance and trusts - concentrated wealth in a few hands to be manipulated for maximum profits and power. During the Gilded Age, trusts became strong enough to plant “their own agents in the federal commissions, (use) government regulation (for) greater control….protect themselves from competition,” and keep prices high.

Four names (among others) stand out - Andrew Carnegie, John D. Rockefeller, Henry Ford, and JP Morgan running finance with the power of a potentate. “He didn’t build, he bought. He took over other people’s businesses, and he hated competition” so he eliminated it. Together with Rockefeller, they dominated business and finance through interlocking directorates, the same way as today throughout industry, commerce and finance.

For his part, Morgan was so dominant, financial writer John Moody called him “the greatest financial power in the history of the world” even before the establishment of the Federal Reserve. Morgan died months before its creation, but his influence made it possible.

His long arm favored the fortunate - with enough funding to monopolize their industries. “But where did (he and other bankers get their money)?” Congressman Wright Patman explained that they created it “out of an empty hat.” They held the ultimate credit card, limitless accounting-entries to buy out competitors, corner raw materials markets, control politicians, and after the birth of public relations, popular opinion the way distinguished author/psychogist and activist Alex Carey explained in his seminal book titled “Taking the Risk out of Democracy:”

“The 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of propaganda as a means of protecting corporate power against democracy.” It came into its own during WW I, then grew, became dominant, and remains near-omnipotent today, even with fissures appearing with enough promise to challenge it.

The Jekyll Island Affair - Establishing the Federal Reserve

In 1910, seven financial titans met secretly on this privately-owned island off the coast of Georgia and created the Federal Reserve:

— established three years later on December 23, in the middle of the night, by an act of Congress;

— its most outrageous action ever that few legislators, if any, even read or would have understood if they did because the text was so intentionally vague;

— it enfranchised powerful bankers to hold the nation hostage in permanent debt bondage by giving them the right to create money, in violation of Article I, Section 8 of the Constitution that states Congress alone has the power “To coin (create) money (and) regulate the value thereof….”

Woodrow Wilson made it possible, “Morgan’s man in the White House” with an administration staffed with his cronies. This act was so publicly harmful it had to be shepherded through a carefully arranged Conference Committee, scheduled for between 1:30 - 4:30AM three days before Christmas when many lawmakers had left town and many others were asleep. It was then enacted the next day - one that will live in infamy for the damage it caused.

“The bill was so obscurely worded that no one really understood its provisions.” The nation’s money would be printed by the US Bureau of Engraving and Printing, then issued as a government obligation (or debt) to the private Federal Reserve with interest.

Nominally, Congress and the president appoint Fed governors, but they operate secretly with no government oversight or control. As a privately owned banking cartel, they’re a power unto themselves. The chairman sits at its helm, but he’s a mere tool of the bankers who control him.

The 1913 Federal Reserve Act “was a major coup” for them. The Fed exists to serve them, not the government or public interest. Therein lies its problem and why it must be abolished.

For over a century, powerful international bankers wanted a private central bank giving them “the exclusive right to ‘monetize’ the government’s debt (that is, print their own money and exchange it for government securities or IOUs.)” The entire Act was written in obscure Fedspeak so no one but its creators knew its purpose.

“In plain English, the Federal Reserve Act authorized a private central bank to create money out of nothing, lend it to the government at interest, and control the national money supply, expanding or contracting it at will.” Nothing has been the same since.

Who Owns the Federal Reserve?

Contrary to common belief, it’s a private banking cartel owned by its member banks in each of its 12 Fed districts. “The amount of Federal Reserve stock” each one holds “is proportional to its size.” The New York Fed is most dominant (like a mother bank) owning 53% of the System’s shares because the nation’s largest commercial banks are located there, on Wall Street, of course, with names like JP Morgan Chase, Citigroup, Goldman Sachs, and Morgan Stanley prominent and familiar. Bank of America was founded in California and remains concentrated heavily in Western and Southwestern states, yet operates globally like the others.

The largest banks are financial superpowers with interests in commercial and investment banking, insurance, real estate, home mortgages, credit cards, and virtually all things financial - nationally and globally.

Financial commentator Hans Schicht refers to Wall Street’s “master spider” controlling a powerful inner circle of men, headed by him. Their business is done secretly behind closed doors by what he calls “spider webbing.” It exercises “tight personal management and control, with a minimum of insiders and front-men who themselves have only partial knowledge of the game. They also have “leverage” over mergers, takeovers, chain store holdings where one company holds shares of others, conditions annexed to loans, and so forth.

Further, they make concentrated wealth “invisible. The master spider studiously avoids close scrutiny by maintaining anonymity, taking a back seat, and appearing to be a philanthropist.”

Post-WW II, the center of power shifted from the House of Rothschild to Wall Street with David Rockefeller Sr. (John D’s grandson) becoming “master spider,” a sort of boss of bosses, much like the underworld but much more deadly and powerful.

All the more so because “the Robber Barons (used) their monopoly over money to buy up the major media, educational institutions,” and other means of communications. They got all this but Morgan wanted more - to “secure the banks’ loans to the government with a reliable source of taxes, (gotten directly from) the incomes of the people. There was just one snag.” The Supreme Court “consistently” declared federal income taxes unconstitutional. So how were they instituted and why are they willingly paid?

The Federal Income Tax

The Constitution omits any mention of a federal income tax because the Founders “considered the taxation of private income, the ultimate source of productivity, to be economic folly.” They also decided that the States and federal government shouldn’t impose the same tax at the same time. Congress was to have responsibility “for collecting national taxes from the States’ ” tax revenues.

Direct taxes were to be apportioned according to each State’s population. “Income taxes were considered unapportioned direct taxes in violation of this provision of the Constitution.”

Except in times of war, no federal income tax existed until the 16th Amendment was ratified on February 13, 1913 empowering Congress to levy one - unapportioned among the states. Even without one, the economy grew impressively for nearly a century and a half, adequately funded by customs and excise taxes.

For a brief period, Congress enacted an income tax in 1894 when the nation was at peace. On April 8, 1895, in Pollock v. Farmers’ Loan and Trust Company, the Supreme Court held that unapportioned income taxes were unconstitutional. “That ruling has never been overturned.” To get around it, Wall Street packaged the 16th Amendment with the Federal Reserve Act, both in 1913. It applied only to annual incomes over $4000, well above the average level at the time.

The original tax code was simple enough to be covered in 14 pages. It’s now a 17,000 page monster, filled with obscure provisions professionals struggle to understand or even know about. It also has “whole pages devoted to private interests,” including loopholes exempting powerful corporations from paying rightfully owed taxes.

Before WW II, income taxes affected few people. However, from 1939 - 1944, Congress passed various ones, including to fund the war effort, and began letting workers (voluntarily) pay them in installments. Thereafter, “withholding” became mandatory.

“Today the federal income tax has acquired the standing of a legitimate tax enforceable by law, despite longstanding (Supreme Court rulings) strictly limiting its constitutional scope.” Numerous other taxes were also added, including on capital gains, real estate, corporate income, FICA, sales, luxury, and IRS interest and penalties. With all hidden ones included (dozens in all), up to 40% of an average worker’s income goes for taxes.

Enough for some tax protesters to challenge the 16th Amendment’s legitimacy on grounds that it was improperly ratified. However, US courts rejected the argument and now it’s “beyond review” - even though no tax would be needed if the federal government printed its own money interest-free instead of taking ours to defray banker-imposed charges.

After signing the Federal Reserve Act, Woodrow Wilson called himself “a most unhappy man. I have unwittingly ruined my country.” Yet he knew precisely what he did. He was a lawyer, a Ph. D, a historian and political scientist, and former Princeton University president before entering politics.

Reaping the Whirlwind - The Great Depression

In theory, the Federal Reserve was established to stabilize the economy, smooth out the business cycle, manage a healthy, sustainable growth rate, and maintain stable prices. It failed dismally on all counts - most noticeably in the 1930s after a depression followed the crash. The Fed wasn’t the solution. It was the problem.

As in recent years, it kept interest rates low and money plentiful - not money, in fact, but “credit” or “debt,” the same problem creating havoc today. In the 1920s, production rose faster than wages, but (again like today) people could borrow on credit. Then as stocks soared in “value,” Wall Street promoted buying them on margin (namely, leverage on credit) on the premise that higher prices could repay loans. It turned “investing” into a “speculative pyramid scheme” based on money that didn’t exist.

The Fed caused the whole scheme with easy and plentiful money (credit). It assured the inevitable crash, and late in the game Fed officials saw it coming. New York Fed governor, Benjamin Strong, warned wealthy industrialists, politicians, and high foreign officials to sell stocks, then began reducing the money supply and raising bank-loan rates to correct the bubble “naturally.” It caused a huge liquidity squeeze. Stock purchases declined. Prices fell. Margins were called causing the crash over three days - so-called Black Thursday (on October 24), Monday and Tuesday.

The subsequent fallout was disastrous. From 1929 - 1933, “the money stock fell by a third, and a third of the nation’s banks closed their doors….It was dramatic evidence of the dangers of delegating the power to control the money supply to a single autocratic head of an autonomous agency.”

It resulted in a “vicious cyclone of debt….dragging all in its path into hunger, poverty and despair” - the very process repeating today, including insiders being tipped off, selling high, profiting from the collapse at fire sale prices, and letting the public pay for the dirty scheme they had in mind in the first place. Then, like today -  shifting huge wealth amounts from “the Great American Middle Class to Big Money.”

Instead of shutting the Fed and prosecuting its conspirators, Congress enacted the Federal Deposit Insurance Corporation (FDIC), “ostensibly to prevent” another collapse. It insured deposits up to $5000 at the time and rescued some banks, but not all. It was for “rich and powerful” ones, the equivalent of prominent names today and considered then like now, “too big to fail” run by officials too important to offend.

Milton Friedman blamed the Great Depression on the contraction of the money supply, but others disagreed. Chairman Louis McFadden of the House Banking and Currency Committee said it “was not accidental. It was a carefully contrived occurrence….The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all.”

The “Bankers Manifesto of 1934″ suggested the same thing, and some observers today believe it’s again playing out, this time on a global scale for much greater stakes for both winners and losers.

Roosevelt, Keynes and the New Deal

Roosevelt addressed the collapse straightaway, starting impressively in his first 100 days with the passage of 15 landmark acts, covering:

— emergency banking;

— Glass-Steagall and the FDIC;

— empowering the Reconstruction Finance Corporation that was toothless under Hoover;

— the Securities Act of 1933, then the Securities  Exchange Act of 1934;

— the Home Owners’ Loan Corporation to refinance homes and prevent foreclosures; and

— an alphabet soup of development agencies in charge of constructing national infrastructure and producing jobs for the unemployed.

In all, it was a whirlwind of achievement in a few short months unlike anything before or since - so much in such a short time. This writer’s late April article said:

Despite its flaws and failures, FDR’s New Deal was remarkable in what it accomplished. It helped people, put millions back to work, reinvigorated the national spirit, built or renovated 700,000 miles of roads, 7800 bridges, 45,000 schools, 2500 hospitals, 13,000 parks and playgrounds, 1000 airfields, and various other infrastructure, including much of Chicago’s lakefront where this writer lives. It cut unemployment from 25% in May 1933 to 11% in 1937, then it spiked before early war production revived economic growth and headed it lower.

Challenging Classical Economic Theory - Keynesianism

Post-WW II, it dominated economic policy, the idea being that deficit spending could propel nations to prosperity unlike the classical economic belief that money supply increases weren’t needed. Its theory was that when the supply contracts, so do prices and wages naturally leaving everything in balance like before.

It didn’t work at a time people wanted jobs, but there were few around. Factories could produce, but there was little demand, and resources were available but unused - for the lack of enough pump priming to reinvigorate a collapsed economy.

Enough, but not too much because as long as bankers print money, added liquidity means more debt and a greater amount to service. In addition, doing it crowds out social services, sacrifices industrial growth, and increases inflation hugely over time. The 5 cent ice cream cone and candy bars this writer remembers as a boy today cost around $2.50. If government printed its own money, they might still be a nickel or pretty close.

Congressman Wright Patman suggested it in 1933 by asking: “Why is it necessary to have Government ownership and operation of banks? The Constitution of the United States says that Congress shall coin money and regulate its value,” not hand it over to predatory private bankers.



A d v e r t i s e m e n t

Instead of returning money-creation power to the government, Roosevelt let “moneychangers” keep it under an overhauled Federal Reserve - a still powerful private banker-controlled “citadel, run from the top down (by) a small cartel of appointed banking representatives (operating) behind a curtain of secrecy,” more powerful than government itself. Had Roosevelt acted like Jackson and Lincoln, it would have been his greatest achievement. Even so, in his first few months in office, he got enacted tough reformist legislation, very much impacting bankers. He also “took aim at the trusts and monopolies that had returned in force” in the anything-goes 1920s. By 1929, consolidation left around 200 companies “in control of over half of all American industry.”

FDR reversed the trend with new legislation, reviving earlier trust-busting efforts. He also imposed banking regulations as cited above - enough to get him to call financiers “unanimous in their hatred of me, and I welcome their hatred.” Lucky for him he survived. Big money plays for keeps, wins more often than it loses, and generally on what matters most.

Wright Patman Exposes the Money Machine

A Texas Democrat, he served in Congress from 1929 - 1976 where from 1963 - 1975 he headed the House Banking and Currency Committee until his death. Unlike his counterparts today in the House and Senate, he was called an “economic Populist,” one way being for how he exposed Fedspeak to reveal the scheme behind it.

In an August 5, 1964 Committee document titled “A Primer on Money,” he concluded:

“The Federal Reserve is a total moneymaking machine. It can issue money or checks. And it never has a problem of making its checks good because it can obtain the $5 and $10 bills necessary to cover (them) simply by asking the Treasury Department’s Bureau of Engraving to print them.”

Although the Fed now returns most interest on its government bonds to the Treasury, of far greater importance is the windfall its member banks get. “The bonds that have been acquired essentially for free become the basis of the Fed’s ‘reserves” - the phantom money that is advanced many times over by commercial banks in the form of loans.”

Virtually all money in circulation comes from the Fed and its member banks, expanded by a factor of about 10 (through fractional reserve lending) for every federal debt dollar monitized. It all “consists of loans on which the banks have been paid interest.” This interest, not what the Fed gets, “is the real windfall to the banks.

The limitless money-creation machine is kept hidden “in obscure Fedspeak,” even undecipherable to people who think they understand the process. In The Creature from Jekyll Island, Ed Griffin states that:

“modern money is a grand illusion conjured by the magicians of finance and politics. (The Fed’s function) is to turn debt into money. It’s just that simple….if one remembers that the process is not intended to be logical but to confuse and deceive.” It has to be. Would the public ever put up with it if they realized they’d be had - that their tax money was being used to enrich bankers, and Washington made it possible.

“Magical(ly) multiplying reserves is called fractional reserve banking” that seems more like a con or “shell game.” Each dollar deposited “magically” becomes about 10 in the form of loans or computer-generated funds. As explained below, “reserves” are being phased out so the 10 - 1 multiple is actually higher but the principle is the same.

So if $1 million deposited becomes $10 million, and $900,000 can be loaned out (the other $100,000 required for reserves), “money created out of thin air (at 5% interest) is doubled in about two years.”

The Fed claims it returns 95% of its profits to the Treasury. In fact, it’s only the interest on federal securities held as reserves. Far more important is the windfall afforded banks, the Fed’s owners, that “use the securities as the ‘reserves’ that get multiplied many times over in the form of loans” that generate huge profits for them.

Wright Patman wanted to abolish the Open Market Committee and nationalize the Fed, thus giving Congress control of it as a “truly federal agency” issuing interest-free money.

The Fed is now heading for a zero percent reserve requirement meaning they’ll be “no limit to the number of times deposits can be relent.” There’s effectively no limit now as if banks exhaust their reserves, they can borrow freely from the Fed - today at zero percent interest.

Inside the Fed’s Playbook

“Banks don’t have to have the money they lend before they make loans, because the Fed will ‘provide’ the necessary reserves by making them available at the federal funds rate” - today amounting to limitless free money at zero percent interest to be loaned out at higher rates for profit. The “slight of hand” is that the Fed “creates reserves out of thin air.”

Loans then become deposits that banks can freely re-lend many times over - the more deposits, the greater the amount of lending. It’s a process of multiplying the money supply and charging interest for doing it, a very profitable business when working well in a healthy economy.

So, the process works as follows:

— banks “lend money (they) don’t have;”

— loans become deposits on their books;

— when borrowers spend their money, banks raise their reserves back to the required 10% (or less) “by borrowing from the Fed or other sources;” and

— the Fed never runs out of reserves because its “open market operations” create more of them; it simply manufactures whatever amounts it wishes out of thin air, and the public is none the wiser or that they’re being taxed to pay for this shell game.

Reserves don’t comprise safe money to pay claimants. They’re accounting entries at Federal Reserve banks letting commercial banks “make many times those sums in loans.” In plain English, “reserve accounts are a smoke and mirrors accounting trick concealing the fact that banks create the money they lend out of thin air, borrowing any ‘reserves’ they need from the Fed, which also creates the money out of thin air.” What a business, especially given how secretive it is under the protection and auspices of the federal government that sanctions the con.

There’s more as well. Besides what they loan out, banks “create their own investment money” to use for their own purposes. Traditionally, commercial banks invested conservatively, but not investment banks. They raise money for their clients through stock issuances and sales. But more important is their “proprietary trading” that involves using their own money to buy or sell stocks, bonds, currencies, commodities, or any other financial instrument or derivative thereof no matter how risky.

Since investment and commercial banks may be one in the same, limitless sums are available through magical money creation and open-ended Fed borrowing, then leveraged multiple times through more borrowing. The game worked “magically” until it no longer did the old way, so alternatives are used.

Bear Raids and Short Sales

The 1929 “Crash” happened on three “Black” days but “continued for nearly four years, stoked by speculators who made huge profits not only on the market’s” ascent but during its plunge to 11% of its peak value.

Called a “bear raid,” it targets vulnerable stocks for “take-down” quick profits or corporate takeovers at fire sale prices. When done on a large scale, short selling can impact markets greatly on the downside just like heavy “program buying” can rocket it up. The whole business amounts to blatant manipulation for quick profits.

Short sellers actually do it with borrowed (not owned) stock, then sell it into the market. If it declines (it may also rise, of course), it’s re-bought at the lower price, returned to the seller, with short-sellers pocketing the difference as profit. It’s not investing. It’s gambling with someone else’s stock, without permission to borrow it, and as a result harms its owner by driving down the price when it works.

“Short selling is sometimes justified as being necessary to keep a brake on (over-exuberance) that might otherwise drive popular stocks into dangerous ‘bubbles.’
(However,) Any alleged advantages to a company from the liquidity afforded by short selling (and supposedly keeping markets honest) are offset by the serious harm (this causes) companies targeted for take-down(s) in bear raids.” When done with enough force, it can destroy companies if that’s the intent.

“Short selling is the modern version of the counterfeiting (that brought) down the Continental in the 1770s.” Currencies, bonds, and commodities can be shorted just like stocks - to manipulate them for profit.

Worse still, and illegal, is so-called naked short-selling without first borrowing the security shorted, assuring it can be borrowed, or arranging to borrow it as required by law - the reason being that it’s an even easier way to manipulate stock prices so SEC regulations ban it.

Even so, the idea that markets move randomly is rubbish. So is believing that companies or nations don’t target competitors for destruction by attacking their worth through short selling or other manipulative ways.

Hedge funds and Derivatives

“Hedge funds are private funds that pool the assets of wealthy investors with the aim of making ‘absolute returns’ - making a profit whether (markets go) up or down” on whatever financial assets they invest in. Leverage is used for maximum profitability, the more of it the greater gain or loss. In futures trading, it’s called the margin - placing “many more bets than if they had paid the full price.”

Originally, hedge funds were to “hedge (investment) bets….against currency or interest rate fluctuations (but) they quickly became instruments for manipulation and control.” At their peak, they controlled over half of daily equity market trading because of their numbers, size, amount of capital, and frequency of their buying or selling.

Derivatives are one of their key tools - essentially making “side bets that some underlying investment will go up or down” to insure against the risk. “All derivatives are variations on futures trading (and like it) is inherently speculation or gambling.” Familiar examples include puts and calls - on whether assets will go down or up.

“Over 90% of the derivatives held by banks….are ‘over-the-counter’ (ones) specially tailored to financial institutions (with) exotic and complex features, not traded on standard exchanges.” They’re unregulated, hard to trace, and “very hard to understand,” quite often impossible. In a 1998 interview, banking columnist John Hoefle called them “the last gasp of a financial bubble.” More recently Warren Buffett said they were “financial weapons of mass destruction” even though he owns a sizable amount of them and incurred considerable losses as a result.

Derivatives aren’t assets. They’re “just bets” on how assets will perform using very little real money. Most is borrowed to make private unreported, unregulated bets that have soared to a “notional value” of around $370 trillion, according to the Bank for International Settlements as of 2006. Notional value is “the number of units of an asset underlying the contract, multiplied by the spot price of the asset.” In other words, “fanciful, dubious or imaginary” assets.

The amount gets so large because when unregulated “gamblers can bet any amount of money they want,” and when markets work well for them, the sky’s the limit. In mid-2006, the Office of the Controller of the Currency reported that around 97% of US bank-held derivatives were owned by five major US banks, including JP Morgan Chase and Citigroup. In November 2005, Bloomberg reported that the credit derivatives market was “vulnerable to a crisis if one (of their major bank holders) fails to pay on contracts that insure creditors from companies defaulting….” John Hoefle warned we were “on the verge of the biggest financial blowout in centuries, bigger than the Great Depression….”

Since banks can create money out of thin air, how can they go bankrupt? Because under accounting rules, commercial banks have to balance their books so their assets equal liabilities. “They can create all the money they can find borrowers for, but” if loans default, banks must record a loss.

Just imagine - if the government created money and not banks, economic stability would follow, crises could be avoided or greatly lessened, inflation would be minimal or non-existant, prosperous growth would be long-term, and bank loans would be far less risky than today assuring steady profits but in smaller amounts.

A follow-up article will discuss global debt entrapment.

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105 Responses to “America’s “Money Machine”” Sir Baby De Porky Says:
May 9th, 2009 at 7:06 am So many scholarly words to describe the ” cheater and the cheated ” syndrome !!! Congrats !!!
good work , on both sides , the reporting , and the deed ( excellent cheating standards , bravo !!!)

P.S. As an alternative : The donkey thinks he has to work very hard to get grass from master ,
because he’s too dumb to understand that there is grass everywhere !!!

NOW THE MILITARY DOESN'T EVEN NEED TO BE CLOSE TO YOU TO TAKE YOU OUT. THIS IS SCARY CRAP FOLKS

The Ground-Wave Emergency {Editor's Note: GWEN towers are popping up everywhere in America; rural, hilltops, mountain areas, suburbs, and cities. The cover story is that they're supposed to be used for cell phone communications, but as this article reveals, Big Brother has something far more insidious in mind. ..Ken Adachi] Forward by Byron Weeks
Written by Val Valerian
http://educate-yourself.org/dc/gwentowersbybyronweeks.shtml

The Ground-Wave Emergency Network (GWEN) is a communications system that the military is in the process of constructing as we speak. It operates in the very-low-frequency (VLF) range, with transmissions between 150 and 175 kHz. This range was selected because its signals travel by means of waves that have a tendency to hug the ground rather than by radiating into the atmosphere. This signal drops off sharply with distance - a single GWEN stations transmits in a 360 circle to a distance of 250 to 300 miles. The entire GWEN system consists of approximately 300 such stations spread across the United States, each with a tower 300-500 feet high. The stations are from 200 to 250 miles apart, so that a signal can go from coast to coast from one station to another. When the system is completed around 1993, the entire civilian population of the United States will be exposed to the GWEN Transmissions. Read Appendix 4 and then re-read this section.
  I. APPLICATION OF MILITARY FREQUENCY WEAPONRY

According to a 1982 Air Force review of biotechnology, ELF has a number of potential military uses, including "dealing with terrorist groups, crowd control, controlling breaches of security at military installations, and antipersonnel techniques in tactical warfare." The same report states:

"Electromagnetic systems would be used to produce mild to severe physiological disruption or perceptual dis- tortion or disorientation. They are silent, and counter- measures to them may be difficult to develop."

Between 1980 and 1984 I was in England, and I got to see some illustrations of how some of this technology actually works. During this period, there were a lot of protests, sit-ins and demonstrations by Greenpeace and many other groups against the deployment of Cruise missiles, especially at Greenham Common, which was south of where I was located. In 1983 and 1984 there was a very large presence of military police at the base when the Cruise missiles arrived. Around mid-1984 this presence diminished considerably, and some of the protesters who were outside the base started claiming that they were being irradiated from the base because of physical problems they were unable to link to any other source. This was reported in Electronics Todsy magazine in 1985. The symptoms ranged from skin burns to headaches, drowsiness, menstrual bleeding at abnormal times, bouts of temporary paralysis, faulty speech coordination, and in one case circulatory failure severe enough to require hospitalization. Such a complex series of symptoms fits well with severe EM field exposure. The Ministry Of Defence (MOD) denied that any harmful electromagnetic signal was being used against the women, but did not deny that an electromagnetic signal may be in use which, if below lOmW/cm2, would not, under UK guidelines, be officially acknowledged as harmful. In other words, they lied.

Cases of Deliberate Experimentation on Individuals for Military Purposes
 In one study over 100 Washington and Oregon state prisoners (recall the discussion of Phase II drug testing in Chapter 5) between 1963 and 1971 had their testicles dosed with radiation to discover what doses would sterilize them. The project was funded by the Atomic Energy Commission at a cost of $1.5 million.

 From 1945 to 1947, 18 hospital patients, one of them only five years old, were injected with plutonium to measure how much the body would retain. The injections were represented as "experimental treatments" for the patients' illnesses. This appalling scheme was reviewed in the British Medical Journal in 1987, where it said that the "redeeming feature of the test was that the results were made available to other countries for their use."

 II. ADVANCED MIND CONTROL APPLICATIONS

Cross-Referencing
 By now you have acquired quite a bit of background knowledg e - it is knowledge that you will need to draw upon to properly understand  and evaluate the information in this second section of Chapter 7.

The Psvchology Behind Mind Control and Psychic Warfare

 Body identification gives rise to a host of sociological phenomena, the least of which is the mechanistic view that consciousness is a product of the brain, and secondarily that the mind is centered in the brain. Dr. Jose Delgado was one of the chief proponents of this viewpoint. Delgado was the author of the book "Physical Control of the Mind: Toward a Psychocivilized Society". For Delgado, the mind existed only in the brain; to postulate its existence as an independent entity was to him sheer nonsense. He rejected the concept of free will, and proposed that the mind was a functional entity produced by the electrical operations of the brain, and as such should be manipulated and controlled in order to control the behavior of the population. This was a view that seems to be shared by proponents of the New World Order. Delgado, since the mid-1970's, was the director of the Spanish neurophysio- logical laboratory Centro Ramony Cajal. As time went on, his interests shifted from direct
stimulation of the brain to the broader area of the biological effects of electromagnetic fields, an area that has been eagerly embraced by the military and political system as a means to achieve their goal of absolute control of the population.

 There are several psychological schools of thought that have been adopted by government psycho-scientists and the military to justify mind control. All of them relate to the idea of psychic energy as originating in the human psyche, typified by the work of Carl Jung. The energy originating in the human psyche consists of thoughts, feelings, emotions, and neuro-physiological stimuli and responses. It consists of a physical component that can be measured and an etheric hyper- spacial component that can only be measured by specialized equipment. These schools of thought are as follows:

Suppression of Vital Data in Physics
 For thousands of years, many discoveries have been suppressed from the populations of the planet in order to keep them in bondage. The burning of the libraries of Alexandria is one example of how information can be suppressed. Another example would be the common technique of suppression of scientific information by alteration of the information itself. Perhaps the most blatant and far reaching alteration of data was the alteration of Maxwell's equations. James Clerk Maxwell was a mathematical genius who lived in the late l9th century. His original work, which is available to covert scientific departments in the government, had the potential to radically alter the entire course of our civilization.

  It is certainly clear to most of you by now that the human population can easily manipulated by electronic means using various methods Developed through the military industrial complex. What may not be clear to you is that many of the EM effects can be initiated from outside of what is normally seen as the electromagnetic spectrum. Just as a magnetic field in a wire is at right angles to the current flow, other fields and waveforms exist that are an integral part of the electromagnetic spectrum, yet exist at a certain number of right-angle rotations (orthogonal rotations) away from the electromagnetic field components we are normally accustomed to. If these hyperspacial components, which are not subject to the usual electromagnetic constraints of time and space, are generated and manipulated, they can in turn generate EM effects that have the capability to influence human biology and consciousness.

  Let's take a brief look at how and by whom the equations of  Maxwell were changed, in order to make subsequent open scientific development that would have influenced civilization in a positive way, impossible:
 

The Hertzian Conspiracy
 In late 1864, James Clerk Maxwell published his epic material on electromagnetic waves. His material dealt not only with electrical and magnetic waves, but also the relativistic/ etherial psycho-active component of these waves (representing electromagnetics of the second order and above). The equations also included transformations that enabled the change from inertial frames of reference to non-inertial frames of reference. Maxwell's original equations were written in Quaternion notation, a complex mathematical system available at that time before Vector Analysis was introduced by Oliver Heaviside. Today's generalized equivalent of Quaternions is Tensors.

 In short, Maxwell's original work gave the necessary information for gravitational propulsion and psychoactive devices.  Someone somewhere recognized this, for shortly after his death, the mathematician Oliver Heaviside, the chemist Willard Gibbs, and physicist Heinrich Hertz decided to "edit" or "interpret" Maxwells famous equations which were, in the original form, the foundations of electromagnetics and Unified Field Theory (UFT). This "unholy trio, especially Heaviside, disregarded the Quaternions or Scalar components of Maxwells original equations, because they represented potentials and not fields. He thought potentials were akin to "mysticism", because "everybody knows that fields contain mass, and mass cannot be created from apparently nothing, which is what potentials are, both literally and mathematically; they are an accumulation or reservoir of energy. Furthermore, not only did they throw away the gravitational component with the Quatern- ion/Scalar, but also postulated that gravitation and electro- magnetism were mutually exclusive, not interdependent. That was the death blow to subsequent efforts by scientists to realize a functioning unified field theory. Because of this one act, electromagnetism was reduced from its original five dimensions to only four: X, Y, Z, and time. The element of G was removed.

  Because of this deliberate act, twenty-two other errors exist today in electromagnetic theory. The very concepts of force, mass and charge are ill-defined, and the so-called "static" electrical charge has been discovered by Quantum mechanics not to be static at all, but to move rotationally by virtue of the quantum mechanical spin. Finally, adding insult to injury, the so-called "imaginary components" of Maxwells original equations as well as the mutilated version of the equations have also been discarded or ignored. With this last error, the door to hyperspacial domains was forever closed, for the present mathematics and physics of electromagnetic theory do not allow for  hyperspacial domains (domains out- side of three dimensions), superluminal signals (signals that exceed the speed of light or are infinite in speed), and a unified field theory.

 The edited version of Maxwells work, which every physicist and engineer has had to contend with, discards electrogravitation, and avoids the unification of gravitation and electromagnetics. It also prevents the direct engineering of gravitation, space-time, time flow rates, free energy devices, and quantum changes, which is viewed by the altered equations that are vector-based as only a statistical change. The quaternion approach captures the ability to utilize electromagnetics and produce local curvature of spacetime. Heaviside wrote a subset of Maxwell's equations where this capability is excluded.

 Dr. Henry Monteith has independently discovered that Maxwell's original quaternion theory was a unified field theory. Einstein assumed, because he only had access to the altered equations, that curving spacetime could only be achieved by the weak gravitational force due to mass, that the local frame would always be a Lorentz frame, which would mean that all operations would be constrained to conservation laws of physics."

 In the 1960's the Hertz (Hz) replaced Cycles Per Second. Since, then everyone thinks that all electromagnetic waves are hertzian. Only the upper portion of the spectrum before Infra- red contains Hertzian waves. ELF and ULF are not; waves in biosystems and natural phenomena are not Hertzian in nature.

Shelter scans fingerprints of homeless Module body

Thu May 7, 8:22 PM



4

What's this
CALGARY (CBC) - A Calgary shelter is scanning the fingerprints of its homeless clients, citing problems with gang members and drug dealers sneaking into the facility. ADVERTISEMENT
var isAJAX="true"; var inFIF="true"; if(window.yzq_d==null)window.yzq_d=new Object(); window.yzq_d['Wi_7A0SO5.0-']='&U=13fos25uc%2fN%3dWi_7A0SO5.0-%2fC%3d734888.13426194.13530551.6258759%2fD%3dLREC%2fB%3d5715362%2fV%3d1'; Dermot Baldwin, head of the Calgary Drop-In Centre, said people who have been barred from the shelter use fake identification to get in.

The homeless shelter is testing a new $150,000 security system that scans clients' fingerprints, and Baldwin said he expects it will be fully up and running in a few weeks.

The system is not a violation of privacy, Baldwin said. The information the scanner takes is for the centre's use only and will not be passed on to anyone else.

"This is a private system, internal to us. Out of 187 people, we had four people that wanted to know more about it, with one serious objection," he said.

Brian Edy, a civil rights lawyer, suggested that the centre rely on metal detectors or install lockers for people to leave their belongings outside as alternatives to the "intrusive" fingerprinting.

"We can give that helping hand without requiring fingerprints before you get a bowl of soup," he said on CBC Radio's The Homestretch on Thursday.

"But they should not be treating everyone who goes to the centre as if they're potentially a criminal. After all, these are Albertans, these are Canadians who have really done nothing wrong except be poor."

Edy said he's worried the fingerprinting policy might discourage homeless people from seeking shelter in frigid weather.

The shelter started looking into beefing up security after a 2007 survey of its clients showed they fear for their safety.

A survey of about 300 clients showed three-quarters of them have been victims of crime, often robbery and assaults that were committed outside the shelter by strangers. But the same number also said they did not feel any safer inside the centre.

Afghans riot over air-strike atrocity

var articleheadline = "Afghans riot over air-strike atrocity"; Witnesses say deaths of 147 people in three villages came after a sustained bombardment by American aircraft. Patrick Cockburn, in Herat, reports



Friday, 8 May 2009


A girl injured in the Farah air strike

enlarge


Shouting "Death to America" and "Death to the Government", thousands of Afghan villagers hurled stones at police yesterday as they vented their fury at American air strikes that local officials claim killed 147 civilians.

The riot started when people from three villages struck by US bombers in the early hours of Tuesday, brought 15 newly-discovered bodies in a truck to the house of the provincial governor. As the crowd pressed forward in Farah, police opened fire, wounding four protesters. Traders in the rest of Farah city, the capital of the province of the same name where the bombing took place, closed their shops, vowing they would not reopen them until there is an investigation.

A local official Abdul Basir Khan said yesterday that he had collected the names of 147 people who had died, making it the worst such incident since the US intervened in Afghanistan started in 2001. A phone call from the governor of Farah province, Rohul Amin, in which he said that 130 people had died, was played over the loudspeaker in the Afghan parliament in Kabul, sparking demands for more control over US operations.

Leaked 1955 Bilderberg Docs Outline Plan For Single European Currency

Paul Joseph Watson Prison Planet.com

Friday, May 8, 2009



Leaked documents from the 1955 Bilderberg Group conference held in Germany discuss the agenda to create a European Union and a single EU currency, decades before they were introduced, disproving once again debunkers who claim that Bilderberg has no influence over world events.

The full document can be read by clicking the above image (the password is ‘dynbase’). Leaked papers from the meeting which took place from September 23-25 1955 at the Grand Hotel Sonnenbichl in Garmisch-Partenkirchen, West Germany, were released by the Wikileaks website yesterday.



As we first reported in 2003,  a BBC investigative team were allowed to access Bilderberg files which confirmed that the EU and the Euro were the brainchild of Bilderberg. They were probably reading from the same documents that were released by Wikileaks.

It was only last month that Belgian viscount and current Bilderberg-chairman Étienne Davignon bragged that Bilderberg helped create the Euro by first introducing the policy agenda for a single currency in the early 1990’s.

However, the documents show that the agenda to create a European common market and a single currency go back decades earlier.

The summary report of the 1955 meeting talks of the “Pressing need to bring the German people, together with the other peoples of Europe, into a common market.”

The document also outlines the plan, “To arrive in the shortest possible time at the highest degree of integration, beginning with a common European market.”

A d v e r t i s e m e n t

Just two years later, in 1957, the first incarnation of the European Economic Community (EEC) was born, which comprised of a single market between Belgium, France, Germany, Italy, Luxembourg and the Netherlands. The EEC gradually enlarged over the next few decades until it became the European Community, one of the three pillars of the European Union, which was officially created in 1993.

The 1955 Bilderberg summary outlines a consensus that, “It might be better to proceed through the development of a common market by treaty rather than by the creation of new high authorities.” The EEC was duly created via the Treaty of Rome, which was signed on 25 March 1957.

The same process is still being followed to this day with the Lisbon Treaty, which hands over vast swathes of national sovereignty to the EU by means of the consent of Presidents and Prime Ministers of European countries, rather than by the arbitrary creation of new authorities, a method that would more obviously lay bare the fact that the creation of a federal EU superstate is totalitarian by its very nature.

Even so, debunkers will probably still try and claim that the idea of a common European market was floating around in the early 1950’s and that Bilderberg were merely debating contemporary political ideas.

However, the same cannot be said for the single European currency, which wasn’t even introduced in the form of notes and coins until January 2002, having been first codified in the 1992 Maastricht Treaty. The documents prove that Bilderberg members were pushing for its introduction nearly 40 years earlier.

“A European speaker expressed concern about the need to achieve a common currency, and indicated that in his view this necessarily implied the creation of a central political authority,” states the summary document.

True to form, the single European currency, the Euro, was not introduced until after the creation of a central political authority - the EU itself.

The document also stresses, “The necessity to bring the German people into a common European market as quickly as possible,” adding that the future was in danger without a “United Europe”.

We also learn that, “A United States participant confirmed that the United States had not weakened in its enthusiastic support for the idea of integration, although there was considerable diffidence in America as to how this enthusiasm should be manifested. Another United States participant urged his European friends to go ahead with the unification of Europe with less emphasis on ideological considerations and, above all, to be practical and work fast.”

Despite the plethora of manifestly provable examples of where Bilderberg’s agenda has later played out in actual policies and geopolitical developments on the world stage, establishment media debunkers still scoff and sneer at independent researchers who dare claim that 150 of the world’s most influential powerbrokers meeting in secret to discuss the future of the planet might equate to something more than an informal talking shop, calling such assertions “conspiracy theories”.

Indeed, the sheer stupidity of debunkers to suggest that an event that attracts the titans of government, industry, banking, business and academia, at which the most pressing global issues of the day are vigorously discussed under the cloak of a mutually agreed media blackout, has no bearing on future world events, is the most laughable “conspiracy theory” ever uttered.

Bilderberg’s 2009 agenda has already been leaked before their May 14-17 meeting in Vouliagmeni, Greece. According to investigative journalist Daniel Estulin, one of Bilderberg’s aims is to smear anti-Lisbon Treaty activists and politicians by planting derogatory stories in the media, enabling them to silence opposition to an EU federal superstate that Bilderberg has been carefully cultivating since their very first meetings in the 1950’s - a fact, not a conspiracy theory, proven by Bilderberg’s own internal documents.

Alan Keyes Arrested Protesting Abortion at Notre Dame

Infowars
May 8, 2009 The South Bend Tribune reports that political activist, author, former diplomat and presidential candidate Alan Keyes has been arrested on the campus of Notre Dame. Keyes was involved in an anti-abortion protest at the time of his arrest.

Keyes was involved in an anti-abortion protest at the time of his arrest. On May 6, 2009, Keyes announced he would be present at the University of Notre Dame on May 17 and planned to be arrested protesting President Obama’s invitation to speak and receive an honorary degree at the ceremony, the Catholic News Agency reported.

In a statement released earlier this week, Keyes said he “will go to South Bend. I will step foot on the Notre Dame campus to lift up the standard that protects the life of the innocent children of this and every generation. I will do it all day and every day from now until the Master comes if need be, though it mean I shall be housed every day in the prison house of lies and injustice that Obama, Jenkins and their minions now mean to construct for those who will never be still and silent in the face of their mockery of God and justice, their celebration of evil.”

Randall Terry, founder of the the pro-life organization Operation Rescue, appeared this afternoon on the Alex Jones Show with Jason Bermas, Terry said Keyes was arrested with other protesters as they pushed baby carriages with dolls covered in fake blood across the campus of the Catholic university. Terry said the protests will continue.

In 2008, Keyes lost a bid to become the Constitution Party presidential candidate. During the convention, the party’s founder, Howard Phillips, gave a controversial speech in which he referred to Keyes as “the neocon candidate.” Keyes formed a new third party, America’s Independent Party, for his presidential candidacy. In the federal election held on November 4, 2008, Keyes received 47,694 votes nationally to finish seventh.

“Web of Debt”: The Inner Workings of the Monetary System

Stephen Lendman
Global Research
May 7, 2009 This is the first of several articles on Ellen Brown’s superb 2007 book titled “Web of Debt,” now updated in a December 2008 third edition. It tells “the shocking truth about our money system, (how it) trapped us in debt, and how we can break free.” Given today’s global economic crisis, it’s an appropriate time to review it and urge readers to digest the entire work, easily gotten through Amazon or Brown’s webofdebt.com site. Her book is a remarkable achievement - in its scope, depth, and importance.

In the forward, banker/developer Reed Simpson said:

Since Andrew Jackson’s presidency (1829 - 1837), the federal debt hasn’t been paid, only the interest - to private bankers and other owners of US obligations. “I have been a banker for most of my career, and I can report that even most bankers (don’t know) what goes on behind (top echelon) closed doors….I am more familiar than most with the issues (Brown covered, and) still found it an eye-opener, a remarkable window into what is really going on….(Although many banks follow high ethical practices), corruption is also rampant, (especially) in the large money center banks, in one of which I worked.”

“Credible evidence (reveals) a world (banking) power elite intent on gaining absolute control over the planet and its natural resources, including its subservient human (ones).” Money is their “lifeblood,” and “fear (their) weapon.” Ill-used, they can “enslave nations and ensure perpetual wars and bondage.” Brown exposes the scheme and offers a solution.

Debt Bondage

What president Andrew Jackson called “a hydra-headed monster….” entraps entire nations in debt. Financial commentator Hans Schicht listed how:

— by making concentrated wealth invisible;

— “exercising control through leverage(d) mergers, takeovers” or other holdings “annexed to loans;” and

— using a minimum of insider front-men to exercise “tight personal management and control.”

Powerful bankers want to rule the world by creating and controlling money, the very lifeblood of world economies without which commerce would cease. Professor Henry Liu calls the monetary system a “cruel hoax” in that (except for government issued coins) “there is virtually no ‘real’ money in the system, only debts” - to bankers “for money they created with accounting entries….all done by a sleight of hand,” only possible because governments empowered them to do it.

The solution is simple but untaken. As the Constitution mandates, money-creation power must “be returned to the government and the people it represents.” Imagine the possibilities:

— the federal debt could be eliminated, at least a more manageable amount before it mushroomed to stratospheric levels;

— federal income taxes could as well; entirely for low and middle income people and at least substantially overall;

— “social programs could be expanded….without sparking runaway inflation;” and

— financial resources would be available to grow the nation economically and produce stable prosperity.

It’s not pie-in-the-sky. It happened successfully under Abraham Lincoln and early colonists. More on that below.

Brown’s book explains that:

— the Federal Reserve isn’t federal; it’s a private banking cartel owned by its major bank members in 12 Fed districts;

— except for coins, they “create” money called Federal Reserve notes, in violation of the Constitution under Article I, Section 8 that gives Congress alone the right “To coin (create) money (and) regulate the value thereof….;”

— “tangible currency (coins and paper money comprise) less than 3 percent of the US money supply;” the rest is in computer entries for loans;

— money that banks lend is “new money” that didn’t exist before;

— 30% of bank-created money “is invested for their own accounts;”

— banks once made productive loans for industrial development; today they’re “a giant betting machine” using countless trillions for high-risk casino-type operations - through devices like derivatives and securitization scams;

— since Andrew Jackson’s presidency (1829 - 1837), the federal debt hasn’t been paid, only the interest - to private bankers and other owners of US obligations;

— the 16th Amendment authorized Congress to levy an income tax; it was done “to coerce (the public) to pay interest to the banks on the federal debt;”

— the amount has mushroomed to about $500 billion annually and keeps rising;

— creating money doesn’t cause inflation; it’s “caused by banks expanding the money supply with loans;”

— developing nations’ inflation was caused “by global institutional speculators attacking local currencies and devaluing them on international markets;”

— it could happen in America or anywhere else just as easily; and

— escaping this trap is simple if Washington reclaims its money-issuing power; early colonists did it; so did Lincoln.

As long as bankers control our money, we’ll remain in a permanent “web of debt” and experience cycles of boom, bust, inflation, deflation, instability and crisis. Yet none of this has to be nor repeated and inevitable bubbles - created by design, not chance, to advantage empowered “moneychangers,” much like today with its fallout causing global havoc.

Prior to the Fed’s creation, the House of Morgan was dominant in contrast to the early colonists’ model. Operating out of Philadelphia, the nation’s first capital, it favored state-issued and loaned out money, collecting the interest, and “return(ing) it to the provincial government” in lieu of taxes.

Lincoln used the same system to finance the Civil War, after which he was assassinated and bankers reclaimed their money-issuing power. Wall Street’s “silent coup (was) the passage of the (1913) Federal Reserve Act,” the most destructive ever congressional legislation, thereafter extracting a huge toll amounting to permanent debt bondage with national wealth transference from the public to private bankers - with most people none the wiser.

From Gold to Federal Reserve Notes

After the 1862 Legal Tender Act was rescinded (the so-called Greenback law letting the government issue its own money), new legislation replaced it empowering bankers by making all money again interest-bearing. Here’s the problem. “As long as the money supply (is an interest-bearing) debt owed back to private bankers….the nation’s wealth (will) continue to be drained off into private vaults, leaving scarcity in its wake.”

Dollars should belong to everyone. Early colonists invented them as “a new form of paper currency backed by the ‘full faith and credit’ of the people.” Today, a private banking cartel issues them by “turning debt into money and demanding” due interest be paid.

Ever since, it’s controlled the nation and public by entrapment in permanent debt bondage, and they do it through the Federal Reserve that’s neither federal nor has reserves. It doesn’t have money. It creates it with  electronic entries, any amount at any time for any purpose, the main one being to enrich its owner banks.

This body is a power unto itself, secretive, unaccountable, and independent of congressional oversight or control. It’s a money-creating machine by turning debt into money, but only a small fraction of the total money supply. Individual commercial banks create most of it.

A 1960s Chicago Fed booklet (called Modern Money Mechanics) explained how - through “fractional reserve” alchemy. It states:

(Banks) do not really pay out loans from the money they receive as deposits. If they did this, no additional money would be created. What they do when they make loans is to accept promissory notes in exchange for credits to the borrowers’ transaction accounts.”

Money is created by “building up” deposits in the form of loans. They, in turn, become deposits, not the reverse. “This unique attribute of banking” goes back centuries, the idea being that paper receipts could be issued and loaned out for the same gold (in those days) many times over, so long as enough gold was held in “reserve” so depositors had access to their money. “This sleight of hand (became known) as ‘fractional reserve’ banking,” using money to create multiples more of it.

As for credit market debt, William Hummel (on the web site Money: What It Is, How It Works) explains that banks create only about 20% of it. The rest is by other non-bank financial institutions, including finance companies, pension and mutual funds, insurance companies, and securities dealers. They “recycle pre-existing funds, either by borrowing at a low interest rate and lending at a higher (one) or by pooling (investor) money and lending it to borrowers.” In other words, just like banks, “they borrow low and lend high, pocketing the ’spread’ as their profit.”

But banks do more than borrow. They also “lend the deposits they acquire….by crediting the borrower’s account with a new deposit.” Banks thus increase total bank deposits that grow the money supply. It amounts to a sleight of hand like “magically pull(ing) money out of an empty hat.”

The US “money supply is the federal debt and cannot exist without it. (To) keep money in the system, some major player has to incur substantial debt that never gets paid back; and this role is played by the federal government.” It’s why the nation’s debt can’t be repaid under a banker-controlled system. Today’s size and debt service compounds the problem, around double the amount Brown cited, growing exponentially to unimaginable levels.

Colonial Paper Money - Another Way Predating the Republic’s Birth

In 1691, three years before the Bank of England’s creation, Massachusetts became “the first local government to issue its own paper money….” in the form of a “bill of credit bond or IOU….to pay tomorrow on a debt incurred today.” This money “was backed by the full ‘faith and credit’ of the government.”

Other colonies then did the same, some as IOUs redeemable in gold or silver or as “legal tender” money to be legally accepted to pay debts. Cotton Mather, a famous New England minister, later redefined money - not as gold or silver, but as a credit: “the credit of the whole country.”

Benjamin Franklin so embraced the “new medium of exchange” that he’s called “the father of paper money,” then called “scrip.” It made the colonies independent of British banks and let them “finance their local governments without” taxation. It was done in two ways, and most colonies used both:

— direct issue “bills of credit” or “treasury notes;” essentially government-backed IOUs to be repaid by future taxes, with no interest owed bankers or foreign lenders; “they were just credits issued and sent into the economy on goods and services;” and

— a system of generating “revenue in the form of interest by taking on the lending functions of banks; a government loan office called a ‘land bank’ (issued) paper money and (loaned) it to residents (usually farmers) at low interest rates….the interest paid….went into the public coffers, funding the government;” it was the preferred way to assure a stable currency rather than by issuing “bills of credit.”

Pennsylvania did it best. It’s 1723-established loan office showed “it was possible for the government to issue new money (in lieu of) taxes without inflating prices.” For over 25 years, it collected none at all. The loan office provided adequate revenue, supplemented by liquor import duties. Throughout the period, prices remained stable.

Prior to this system, Pennsylvania lost “both business and residents (for) lack of available currency.” With it, its population grew and commerce prospered. The “secret was in not issuing too much, and in recycling the money back to the government in the form of principal and interest on government-issued loans.”

Colony-based British merchants and financiers objected strongly to Parliament. Enough so that in 1751, King George II banned new paper money issuance to force colonists to borrow it from UK bankers. In 1764, Franklin petitioned Parliament to lift the ban. In London, Bank of England directors asked him to explain colonial prosperity at a time Britain experienced rampant unemployment and poverty. It’s because Colonial Scrip was issued, he stated, “our own money” with no interest owed to anyone. He added:

“You do not have too many workers, you have too little money in circulation, and that which circulates, all bears the endless burden of unrepayable debt and usury.”

With banks loaning money into the economy, more was “owed back in principle and interest than was lent in the original loans (so) there was never enough in circulation to pay interest and still keep workers fully employed.” Unlike banks, government can both lend and spend money in circulation - enough to pay “interest due on the money it lent, (keep) the money supply in ‘proper proportion’ and (prevent) the ‘impossible contract’ problem (of having) more money owed back on loans than was created (from) the loans themselves.”

Franklin’s efforts notwithstanding, the Bank of England got Parliament to pass a Currency Act making it illegal for the colonies to issue their own money. It turned prosperity into poverty because the money supply was halved with not enough to pay for goods and services. According to Franklin:

“the poverty caused by the bad influence of the English bankers on the Parliament” got colonists to hate the British enough to spark the Revolutionary War. “The colonies would gladly have borne the little tax on tea and other matters (if) England (hadn’t taken their money), which created unemployment and dissatisfaction.” So much that outraged people again issued their own money in spite of the ban. As a result, they successfully financed a war against a major power - with almost no hard currency and no taxation. Thomas Paine called it the Revolution’s “corner stone.”

However, British bankers responded by attacking its “competitor’s currency,” the Continental, driving down its value by flooding the colonies with counterfeit scrip. It was “battered but remained stable.” Where Britain failed, speculators succeeded - “mostly northeastern bankers, stockbrokers and businessmen, who bought up the revolutionary currency at a fraction of its value after convincing people it would be worthless after the war.” It had “to compete with states’ paper notes and British bankers’ gold and silver coins….The problem might have been avoided by making the Continental the sole official currency, but the Continental Congress (didn’t have) the power to enforce” such an order - with no courts, police or authority to collect taxes “to redeem the notes or contract the money supply.”

Having just rebelled against British taxation, colonists weren’t about to let Congress tax them. Speculators took advantage and traded Continentals at discounts enough to make them worthless and give rise to the expression “not worth a Continental.”

How the Government Was Persuaded to Borrow Its Own Money

John Adams once said: “there are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” The latter method is stealth enough so people don’t know what’s happening and submit to their own bondage. Openly, nothing seems changed, yet a whole new system becomes master “in the form of debts and taxes” that people think are for their own good, not tribute to their captors. That’s today’s America writ large.

After the Revolutionary War, “British bankers and their Wall Street vassals” pulled it off by acquiring a controlling interest in the new United States Bank. It discredited paper scrip through rampant Continental counterfeiting and so disillusioned the Founders that they omitted mentioning paper money in the Constitution. Congress was given power to “coin money (and) regulate the value thereof, (and) to borrow money on the credit of the United States….” It left enough wiggle room for bankers to exploit to their advantage - but only because Congress and the president let them.

Alexander Hamilton bears much blame, the nation’s first Treasury Secretary and Tim Geithner of his day (1789 - 1795). He argued that America needed a monetary system independent of foreign control, and that required a federal central bank - to handle war debts and create a standard form of currency. In 1791, it was created, hailed at the time as a “brilliant solution to the nation’s economic straits, one that disposed of an oppressive national debt, stabilized the economy, funded the government’s budget, and created confidence in the new paper dollars….It got the country up and running, but left the bank largely in private hands” - to be manipulated for private gain, much like today. Worse still, “the government ended up in debt for money it could have generated itself.”

Instead, it had to pay interest on its own money in lieu of creating it interest free. Today, Hamilton is acclaimed as a model Treasury Secretary. For Jefferson, he was a “diabolical schemer, a British stooge pursuing a political agenda for his own ends.” He modeled the Bank of the United States on the Bank of England against which colonists rebelled. It so angered Jefferson that he told Washington he was a traitor. It fostered a bitter feud between them with Jefferson ultimately prevailing.

Hamilton’s Federalist Party disappeared after 1820 while Jefferson and Madison’s Democratic-Republicans became the forerunner of today’s Democrats after the party split into two factions, the Whigs no longer in existence and Jacksonians that by 1844 officially became the Democratic Party. Shamefully they veered far from Jacksonian and Jeffersonian principles.

For his part, Hamilton wasn’t entirely bad. He stabilized the new economy and got the country on its feet. He restored the nation’s credit, established a national currency, and made it economically independent. However, his legacy has a dark side - a “privileged class of financial middlemen (henceforth able) to siphon off a perpetual tribute in the form of interest.” He delivered money power into private hands, “subservient to an elite class of oligarchical financiers,” the same Wall Street types today holding the entire nation hostage - in permanent debt bondage.

From Abundance to Debt

Charging excessive interest is called “usury,” but originally it meant charging anything for the use of money. The Christian Bible banned it, and the Catholic Church enforced anti-usury laws through the end of the Middle Ages.



A d v e r t i s e m e n t

Old Testament scripture was more lenient, prohibiting it only between “brothers.” Charging it to foreigners was allowed and encouraged, which is why Jews unfairly were called “moneychangers.” They, like others, suffered greatly from money-lending schemes. For centuries, they were “persecuted for the profiteering of a few,” then scapegoated to divert attention from the real offenders. Fiat money is legal tender by government decree - a simple tally representing units of value to be traded for goods and services. Paper money was invented in 9th century Mandarin China and successfully used to fund its long and prosperous empire. The same was true in medieval England. The tally system worked well for over five centuries before banker-controlled paper money began demanding payment in the form of interest.

History portrays the Middle Ages as backward, impoverishing, and a form of economic enslavement only the Industrial Revolution changed. In fact, the era was entirely different, characterized by 19th century historian Thorold Rogers as a time when “a labourer could provide all the necessities for his family for a year by working 14 weeks,” leaving nearly nine discretionary months to work for himself, study, fish, travel, or do what he pleased, something today’s overworked, over-stressed, underpaid workers can’t imagine.

Some attribute Middle Age prosperity to the absence of usurious lending. Instead of paying tribute in the form of interest, “people relied largely on interest-free tallies.” They avoided depressions and inflation since the supply and demand for goods and services grew in proportion to each other, thus holding prices stable. “The tally system provided an organic form of money that expanded naturally as trade (did) and contracted (the same way) as taxes were paid.”

No bankers set interest rates or manipulated markets to their advantage. The tally system kept Britain stable and thriving until the mid-17th century, “when Oliver Cromwell (1599 - 1658)….needed money to fund a revolt against the Tudor monarchy.”

The Moneylenders Take Over England

In the 19th century, the Rothchild banking family’s Nathan Rothchild said it well:

“I care not what puppet (sits on) the throne of England to rule the Empire on which the sun never sets. The man who controls Britain’s money supply controls the British empire, and I (when he ran the Bank of England) control the British money supply.”

Centuries early, moneylender power was absent. But after the 1666 Coinage Act, money-issuing authority, once the sole right of kings, was transferred into private hands. “Bankers now had the power to cause inflations and depressions at will by issuing or withholding their gold coins.” 

King William III (1672 - 1702), a Dutch aristocrat, financed his war against France by borrowing 1.2 million pounds in gold in a secret transaction with moneylenders, the arrangement being a permanent loan on which debt would be serviced and its principle never repaid. It came with other strings as well:

— lenders got a charter to establish the Bank of England (in 1694) with monopoly power to issue banknotes as national paper currency;

— it created them out of nothing, with only a fraction of them as reserves;

— loans to the government were to be backed by government IOUs to serve as reserves for creating additional loans to private borrowers; and

— lenders could consolidate the national debt on their government loan to secure payment through people-extracted taxes.

It was a prescription for huge profits and “substantial political leverage. The Bank’s charter gave the force of law to the ‘fractional reserve’ banking scheme that put control of the country’s money” in private hands. It let the Bank of England create money out of nothing and charge interest for loans to the government and others - the same practice central banks now employ.

For the next century, banknotes and tallies circulated interchangeably even though they weren’t a compatible means of exchange. Banker money expanded when “credit expanded and contracted when loans were canceled or ‘called,’ producing cycles of ‘tight’ money and depression alternating with ‘easy’ money and inflation.” In contrast, tallies were permanent, stable, fixed money, making banknotes look bad so they had to go.

For another reason as well - because of King William’s disputed throne and fear if he were deposed, moneylenders again might be banned. They used their influence to legalize banknotes as the money of the realm called “funded” debt with tallies referred to as “unfunded,” what historians see as the beginning of a “Financial Revolution.” In the end, “tallies met the same fate as witches - death by fire.”

They were money of the people competing with moneylending bankers. After 1834 monetary reform, “tally sticks went up in flames in a huge bonfire started in a House of Lords stove.” Ironically, it got out of control and burned down Westminster Palace and both Houses of Parliament, symbolically ending “an equitable era of trade (by transferring power) from the government to the” central bank.

Henceforth, private bankers kept government in debt, never demanding the return of principle, and profiting by extracting interest, a very lucrative system always paying off “like a slot machine” rigged to benefit its operators. It became the basis for modern central banking, lending its “own notes (printed paper money), which the government swaps for bonds (its promises to pay) and circulates as a national currency.”

Government debt is never repaid. It’s continually rolled over and serviced, today with no gold in reserve to back it. Though gone, tallies left their mark. The word “stock” comes from the tally stick. Much of the original Bank of England stock was bought with these sticks. In addition, stock issuance began during the Middle Ages as a way to finance businesses when no interest-bearing loans were allowed.

In America, “usury banks fought for control for two centuries before” getting it under the 1913 Federal Reserve Act. An issue that once “defined American politics,” today is no longer a topic for debate. It’s about time it was reopened.

Jefferson and Jackson Sound the Alarm

Moneylenders conquered Britain, then aimed to entrap America - by provoking “a series of wars. British financiers funded the opposition to the American War for Independence, the War of 1812, and both sides of the American Civil War.” They caused inflation, heavy government debt, the chartering of the Bank of the United States to fund it, thus giving private interests the power to create money.

Jefferson opposed the first US Bank, Jackson the second, and both for similar reasons:

— distrust of profiteers controlling the nation’s money; and

— concern about the nation’s banking system falling into foreign hands.

Jefferson got Congress to refuse to renew the first US Bank charter in 1811 and learned on liquidation that two-thirds of its owners were foreigners, mostly English and Dutch and none more influential than the Rothschilds. Later, Madison signed a 20-year charter. However, when Congress renewed it, Jackson vetoed it.

The Powerful Rothschild Family

The House of Rothschild was British in name only. In the mid-18th century, it was founded in Frankfort, Germany by Mayer Amschel Bauer, who changed his name to Rothschild, fathered 10 children, and sent his five sons to open branch banks in major European capitals. Nathan was the most astute and went to London. “Over the course of the nineteenth century, NM Rothschild would become the biggest bank in the world, and the five brothers would come to control most of the foreign-loan business of Europe.”

Belatedly, Jefferson caught on to the scheme - that “private debt masquerading as paper money….owed to bankers” placed the nation in bondage. In his words, “deliver(ing) itself bound hand and foot to bold and bankrupt adventurers and bankers….” Jefferson’s idea for a national bank was a wholly government-owned one issuing its own credit without having to borrow it from private interests.

Jackson believed the same thing in calling the Bank of the United States “a hydra-headed monster.” When the bank charter was renewed, he promptly vetoed it, yet understood that the battle was just beginning. “The hydra of corruption is only scotched, not dead,” he said.

He was right. The Bank’s second president, Nicolas Biddle, retaliated “by sharply contracting the money supply. Old loans were called in and new ones refused. A financial panic ensued, followed by a deep economic depression.” However, Biddle’s victory was short-lived. In April 1834, the House rejected re-chartering the Bank, then January 1835 became Jackson’s “finest hour.”

He did something never done before or since. He paid off the first installment of the national debt, then reduced it to zero and accumulated a surplus. In 1836, the Bank’s charter expired. Biddle was arrested and charged with fraud. He was tried and acquitted but spent the rest of his life in litigation over what he’d done. “Jackson had beaten the Bank.” Imagine today if Obama defeated the Fed and its Wall Street puppeteers instead of embracing them with limitless riches.

Lincoln Foils the Bankers and Pays with His Life

Like Jackson, Lincoln faced assassination attempts, before even being inaugurated. “He had to deal with treason, insurrection, and national bankruptcy” during his first days in office. Considering the powerful forces against him, his achievements were all the more remarkable:

— he built the world’s largest army;

— “smashed the British-financed insurrection,”

— took the first steps to abolish slavery; it became official on December 6, 1865 when the 13th Amendment was ratified, eight months after Lincoln was assassinated;

— during and after his tenure, the country became “the greatest industrial giant” in the world;

— “the steel industry was launched; a continental railroad system was created; the Department of Agriculture was established; a new era of farm machinery and cheap tools was promoted;”

— the Land Grant College system established free higher education;

— the Homestead Act gave settlers ownership rights and encouraged new land development;

— government supported all branches of science;

— “standardization and mass production was promoted worldwide;”

— labor productivity increased by 50 - 75%; and

— still more was accomplished “with a Treasury that was completely broke and a Congress that hadn’t been paid” as a result.

It was because the government issued its own money. “National control was reestablished over banking, and the economy was jump-started with a 600 percent increase in government spending and cheap credit directed at production.” Roosevelt did the same thing with borrowed money. Lincoln did it with United States Notes called Greenbacks. They financed the war, paid the troops, spurred the nation’s growth, and did what hasn’t been done since - let the government print its own money, free from banker-controlled debt slavery, the very system strangling us today the way Lincoln feared would happen.

His advisor was Henry Carey, a man historian Vernon Parrington called “our first professional economist.” Lincoln endorsed his prescription:

— “government regulation of banking and credit to deter speculation and encourage economic development;”

— its support for science, public education and national infrastructure development;

— “regulation of privately-held infrastructure to ensure it met the nation’s needs;”

— government-sponsored railroads and “scientific and other aid to small farmers;”

— “taxation and tariffs to protect and promote productive domestic activity;” and

— “rejection of class wars, exploitation and slavery, physical or economic, in favor of a ‘Harmony of Interests’ between capital and labor.”

Leaders like Jefferson, Jackson and Lincoln are sorely missed, but for Lincoln it was costly.

He Loses the Battle with “the Masters of European Finance”

German Chancellor Otto von Bismark (1815 - 1898) called them that in explaining how they engineered the “rupture between the North and the South” to use it to their advantage, then later wrote in 1876:

“The Government and the nation escaped the plots of the foreign bankers. They understood at once that the United States would escape their grip. The death of Lincoln was resolved upon.” The last Civil War battle ended on May 13, 1865. Lincoln was assassinated on April 15.

European bankers tried but failed to trap him “with usurious war loans,” at 24 - 36% interest had he agreed. Using government-issued Greenbacks shut them out entirely, so they determined to fight back - eliminate the thorn, then get banker-friendly legislation passed, achieved through the National Bank Act reversing the Greenback Law. It was “only a compromise with bankers, (but) buried in the fine print,” they got what they wanted.

Although the Controller of the Currency got to issue new national banknotes, it was just a formality. In fact, the new law “authorized the bankers to issue and lend their own paper money.” They “deposited” bonds with the Treasury, but owned them so “immediately got their money back in the form of their own banknotes.” It was an exclusive franchise to control the nation’s money forcing government back into debt bondage where it never had to be in the first place. A whole series of private banks were then chartered, all empowered to create money in lieu of debt free Greenbacks.

One other president confronted bankers and paid dearly as well - James Garfield. In 1881, he charged:

“Whoever controls the volume of money in any country is absolute master of all industry and commerce….And when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”

Garfield took office on March 4, 1881. On July 2, he was shot. He survived the next two and half months, then died on September 19. It was a time of depression, mass unemployment, poverty, and starvation with no safety net protections. “The country was facing poverty amidst plenty,” because bankers controlled money and kept too little of it in circulation - an avoidable problem if government printed its own.

Gold v. Inflation - Debunking Common Fallacies

The classical “quantity theory of money” holds that “too much money chasing too few goods” causes inflation, excess demand over supply forcing up prices. The counter argument is that if paper money is tied to gold, an inflation-free stable money supply will result. Another fallacy is that adding money (demand) raises prices only if supply remains fixed.

In fact, if new money creates new goods and services, prices stay stable. For thousands of years, the Chinese kept prices of its products low in spite of their money supply being “flooded with the world’s gold and silver, and now with the world’s dollars….to pay for China’s cheap products.”

What’s important is not what money consists of but who creates it. “Whether the medium of exchange (is) gold or paper or numbers in a ledger,” when created by and owed to private lenders with interest, “more money would always be owed back than was created…spiraling the economy into perpetual debt….whether the money takes the form of gold or paper or accounting entries.”

Today’s popularism is associated with the political left. However, 19th century Populists saw “a darker, more malevolent force….private money power and the corporations it had spawned, which was threatening to take over the government unless the people intervened.”

Lincoln also feared it saying:

“I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned, an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few and the Republic is destroyed.”

Today’s America is the reality he feared. A tiny elite own the vast majority of the nation’s wealth in the form of stocks, bonds, real estate, natural resources, business assets and other investments. In contrast, 90% of Americans have little or no net worth. Of all developed nations, concentrated wealth and inequality extremes are greatest here with powerful bankers sitting atop the pyramid, now more than ever with their new riches extracted from public tax dollars and Fed-created money.

A follow-up article will discuss how “bankers capture(d) the money machine.”

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Rupert Murdoch: “Internet Will Soon Be Over” Text size




Paul Joseph Watson
Prison Planet.com
Thursday, May 7, 2009  

Billionaire media mogul Rupert Murdoch gave a strange response when asked about plans for mainstream news websites to charge for content, declaring, “The current days of the internet will soon be over.”

He was making reference to the fact that corporate media websites cannot continue to survive under their current failing business model.

The establishment media is dying and advertising revenue has plummeted as people turn to blogs and the alternative media for their news in an environment of corporate lies and spin.

This has forced sectors of the corporate media to charge the dwindling number of loyal readers they have left for news content, a practice which is set to become widespread according to Murdoch. This will only send more people over to the alternative media as the old organs of de facto state-controlled propaganda wither and die.

“Asked whether he envisaged fees at his British papers such as the Times, the Sunday Times, the Sun and the News of the World, (Murdoch) replied: “We’re absolutely looking at that,” reports the Guardian. “Taking questions on a conference call with reporters and analysts, he said that moves could begin “within the next 12 months‚” adding: “The current days of the internet will soon be over.”

A d v e r t i s e m e n t

Murdoch’s newspapers and TV networks, which include Fox News and the Asian Star Network, have seen profits plummet from $216m to just $7m year-on-year. MySpace.com is also floundering despite a recent move to replace the company’s entire management staff.

It was all but over for the Boston Globe this week, following a threat to close the 137-year-old publication after net losses of $85 million this year alone. Only a last minute cost-cutting agreement on behalf of its owner, The New York Times Company, and The Boston Newspaper Guild, saved the newspaper.

But it’s not just establishment newspapers that are struggling to survive - social networking websites like Twitter and corporate online video giant You Tube are also deep in the red. Apparently, paying out millions in server fees for half the population of the planet to watch clips of cute puppies isn’t a sustainable business model.

This is why You Tube is being forced to pursue lucrative partnerships with giant production studios and broadcasters, at the expense of user generated content which has been relegated to a sub-section of its website, taking the “You” out of You Tube altogether. Content that may be deemed harmful to You Tube’s corporate agenda and its multi-million dollar partnership deals, like The Alex Jones Channel, is being systematically erased from You Tube’s website under the pretext of flimsy copyright infringement claims.

The jig is up for the corporate media. If they continue to allow free access to their content they will go out of business because there’s not enough advertising revenue coming in, whereas if they charge for content they will lose a huge chunk of their audience and their influence in shaping the news agenda will wane completely.

This is the price the corporate media has paid for lying, spinning and obfuscating on behalf of the virulently corrupt power elite and expecting the population to eat it up without question.

The corporate media monopoly has terminal cancer and they are losing their power, which is why they are aggressively supporting moves to phase out the old Internet altogether and replace it with “Internet 2,” a highly regulated and controlled electronic Berlin wall, where alternative voices will be silenced and giant corporate propaganda organs will dominate once again.

This what Murdoch is really getting at when he assures us that, “The Internet will soon be over” and it’s down to us to stop that agenda from being realized.

Title.

Find a Job Dating Wine E-Editions Feedback Friday, May 08 2009 This Morning  9°C   This Afternoon 14°C   5-Day Forecast DM.has("lightBox"); adverts.addToArray('google-link-unit','468x15'); Right then, fall into line you 'orrible little pupils! Government wants the military to run state schools By Kirsty Walker
Last updated at 1:57 AM on 08th May 2009

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Instilling discipline: This Sergeant Major during an Army Cadet Training College exercise could become a common sight in state schools



The Armed Forces will be drafted in to run state schools under plans to drive up discipline and respect in classrooms.

Ministers are in talks with defence chiefs about taking over a handful of schools and turning them into military academies.

Alongside daily lessons, pupils would be expected to take part in activities such as drills, uniformed parades, weapons handling and adventure training.

The first state schools set to gain 'military academy' status are understood to be based in Portsmouth and Colchester.

The controversial scheme will initially be in areas where there are a large number of military families, but is set to be rolled out across the country.

Ministers believe that children in failing schools would particularly benefit from a military-style education because it would give them role models and a more structured existence.

But the plan is likely to raise fears among teaching unions that the academies could turn into tough 'boot camps' or recruiting stations.


Last year, union leaders accused the Army of giving children 'misleading propaganda' about life in the Armed Forces.


The National Union of Teachers also vowed to back any teachers who wanted to boycott the services' recruitment drives.


The latest idea comes as the Government prepares to launch a major extension of the 'school cadet force' scheme in deprived areas.

EU Calls for “Internet G12″ for Global Internet Governance


Daniel Taylor
Old Thinker News
May 7, 2009  As the EU Observer reports, Information Society Commissioner Viviane Reding has called on President Obama to fully privatize the California based Internet Corporation for Assigned Names and Numbers (ICANN), which manages the web address system for the internet, and build a “multilateral forum for governments to discuss general internet governance policy and security issues.” The international group would in turn “make recommendations” with regards to global internet governance.

Reding is anticipating the expiration of the ICANN contract with the U.S. Department of Commerce in September of 2009, calling for a separation of ICANN from its U.S. ties, making ICANN an international organization. Reding states,

“The expiry of the agreement between ICANN and the US government “opens the door for the full privatisation of ICANN, and it also raises the question of to whom ICANN should be accountable.”

“In the long run, it is not defendable that the government department of only one country has oversight of an internet function which is used by hundreds of millions of people in countries all over the world,” Reding said.

Reding’s comments provide a window into a wider agenda to transform the internet. Reding stated in October of 2008 that, “The Internet of the future will radically change our society.” Ultimately, according to Reding, the EU is aiming to “lead the way” in the transformation to “Web 3.0.”

A d v e r t i s e m e n t

Media Kingpin Rupert Murdoch recently announced that “The current days of the internet will soon be over,” indicating the establishment’s move to radically transform the internet away from its current form. Paul Joseph Watson writes, “The establishment media is dying and advertising revenue has plummeted as people turn to blogs and the alternative media for their news in an environment of corporate lies and spin.”

Watson continues,

“The corporate media monopoly has terminal cancer and they are losing their power, which is why they are aggressively supporting moves to phase out the old Internet altogether and replace it with “Internet 2,” a highly regulated and controlled electronic Berlin wall, where alternative voices will be silenced and giant corporate propaganda organs will dominate once again.”

The future of the internet, according to author and “web critic” Andrew Keen, will be monitored by “gatekeepers” to verify the accuracy of information posted on the web. The “Outlook 2009″ report from the November-December issue of The Futurist reports that,

“Internet entrepreneur Andrew Keen believes that the anonymity of today’s internet 2.0 will give way to a more open internet 3.0 in which third party gatekeepers monitor the information posted on Web sites to verify its accuracy.”

Keen stated during his early 2008 interview with The Futurist that the internet, in its current form, has undermined mainline media and empowered untrustworthy “amateurs”, two trends that he - and the establishment that he represents - wants reversed. “Rather than the empowerment of the amateur, Web 3.0 will show the resurgence of the professional,” states Keen.

North Carolina “Involuntarily Isolating” Suspected Swine Flu Patient


Steve Watson
Infowars.net
Tuesday, April 28, 2009 Disturbing reports have emerged that suggest North Carolina is involuntarily quarantining patients who may have the flu virus that is thought to be spreading across the U.S. and the rest of the globe.

The details appear in a report by Adam Owens of N.C. based WRAL news:

The state’s health director said Monday afternoon that there are suspected cases of swine flu in North Carolina, but declined to say how many cases or where they were located.

Dr. Jeffrey Engel said Monday evening that officials are involuntarily isolating patients who may have the virus. He declined to specifically say how many suspected cases were in the state, noting that the number is always changing, and he declined to say where they were located.

"We’re working very closely with providers, and they are investigating cases on a daily basis," Engel said.

Investigators were gathering specimens and hope to know whether the cases are "probable" some time Tuesday and will seek confirmations by Wednesday.

Watch a WRAL report on Dr. Jeffrey Engel’s press conference:





A d v e r t i s e m e n t

Despite the fact that there have been no deaths outside Mexico, and less than 100 confirmed cases worldwide, the United Nation’s WHO has raised it’s alert to level four, the highest it has ever been, just two levels below a full scale pandemic.

Around 150 deaths in Mexico have been connected to the swine flu, but only 18 cases have been definitively linked to the virus through laboratory testing.

1600 more people have complained of flu-like symptoms since the Mexican authorities publicised their concern about the virus on April 23.

However, the number of new cases reported by Mexico’s largest government hospitals has been declining for the past three days, according to government officials, from 141 on Saturday to 119 on Sunday and 110 Monday.

Flu deaths are nothing new in the United States. The CDC estimates that about 36,000 people died of flu-related causes each year, on average, during the 1990s in the U.S.

Seasonal flu kills between 250,000 and 500,000 people globally in an average year.

Experts have said that the danger of the new flu strain - which has been misnamed "swine flu", owing to the fact that it is a combination of pig, bird and human viruses - is that it is a primer for further mutations that humans may have no natural immunity to.

Texas County Planned Mass Vaccinations in March


Infowars
April 28, 2009 On March 19, 2009, the Gazette-Enterprise reported that emergency management and their counterparts in Guadalupe County, Texas, had prepared for a mass vaccination program in the event of a pandemic. “Local officials have 36 hours to treat their entire population — in Guadalupe County that would be 115,000 people,” Ron Maloney writes for the newspaper.

Authorities in Guadalupe County have confirmed three cases of swine flu among high school students and are waiting for test results of for at least 11 more possible cases.

A d v e r t i s e m e n t

“A massive call-up of volunteers that, in this county alone would take 1,000 medical professionals and lay people is required to prepare and operate five Points of Dispensing (PODs) at which the life-saving medications can be distributed.” (For more on the “POD” concept of mass vaccination, see Government “Template” for Mass Vaccination.) Guadalupe County admits it does not currently have the resources to deal with a pandemic. “Guadalupe County Emergency Management Coordinator Dan Kinsey and his volunteer coordinator, Kay Hays, are speaking to local large employers and service clubs, seeking to compile a list of volunteers who can help.” Guadalupe County Emergency Management gave presentations to the Seguin Kiwanis Club and other community organizations.

Kinsey and Hays are preparing for a May 2 dress rehearsal of a pandemic disaster at the Navarro ISD. Volunteers will set up and operate a “drive through” POD in which they will take a practice run at registering, screening and pretending to inoculate 100 volunteers so they can identify whatever problems might come up and prepare to meet them.

Kinsey envisions five “drive-through” PODs operating 24 hours a day in 12-hour shifts that will require 100 volunteers for duties as varied as administering medications, filling out paperwork, distributing food or water, providing security or watching the children of other volunteers, according to the Gazette-Enterprise.

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33 Responses to “Texas County Planned Mass Vaccinations in March” Marc in Texas Says:
April 28th, 2009 at 12:47 pm Guess we’ll see if they do intend to use those thousands upon thousands of FEMA coffins just as Alex was warning us about. Have y’all seen/heard some of the idiots who were “debunking” the FEMA coffins? Ugh! Man I hate some of the people that get on here with their b.s. Stupid ass people make me so mad. They’re just too scared to admit Alex has been right, stupid jealous ass people. I’m not one to be sadistic but I hope all you anti-Infowars/anti-Alex Jones goofballs get what’s coming to you, as in starving to death, watching your family get carted off to FEMA centers, or choking on your last blood-curtling breath from one of these pandemic viruses they’re unleashing. I hate you people, Alex and his team have done everything they could to warn you and bring you out of the darkness but you’re so scared to see it for what it is, you’d rather find excuses not to believe him or what he reports. Fine! Die then for all I care, you’re not worth helping.

Scientist predicted swine flu in 2004


April 28, 2009 In 2004, Professor Dmitry Lvov, head of D.I. Ivanovsky Institute of Virology and an academic of the Russian Academy of Medical Sciences, made an important prognosis at a press conference in Moscow. At the time he spoke of not only how a deadly virus would infect the planet, but he also gave a precise description for the mechanism of how it would possibly generate.

Five years ago Professor Dmitry Lvov gave a detailed description of how a deadly pandemic flu virus was on the horizon. On Tuesday April 28, 2009, he spoke to RT about the outlook of a swine flu pandemic. This time, Professor Lvov has provided RT with further explanations and a possible prediction for the current situation.

According to the scientist, who has been studying new and returning viral infections for more than 40 years, influenza viruses are primarily associated with birds. Normally, these viruses circulate in various ecosystems and do not interfere with humans. However, occasional shifts cause these viruses to infect different groups of animals, and even human beings.

“When this happens, different types of viruses may interfere within the same host organism and exchange with their genetic material. Such events create new types of viruses with new characteristics. This is exactly what happened to the swine flu virus in the Western Hemisphere,” said the specialist.

A significant difference between the deadly viruses that caused Spanish flu – which claimed 20-50 million lives at the beginning of the XX century – bird influenza and swine flu, according to Professor Lvov, pertains to their virulence. It is much higher in bird flu, which, fortunately, cannot be transmitted from one human to another. Yet both Spanish and swine influenza viruses are capable of this.

In his opinion, the high numbers of fatalities in Mexico and their absence in the United States could be explained with earlier diagnostics existing in the US, and proper, more intensive treatment of patients.



A d v e r t i s e m e n t

In addition, the number of cases revealed in the US is not to be compared with some 1500 diagnosed in Mexico.

“Fifteen hundred cases announced for Mexico are more likely to be 150,000 of those infected in total, and such numbers of patients would be virtually impossible to properly take care of,” Professor Lvov explained.

According to the professor, should we face the beginning of a pandemic, the process is going to develop instantly, taking the mobility of people in the modern world into account. However, he has pointed out that, at the moment, it is not completely clear whether this virus possesses a pandemic potential.

The scientist particularly stressed that, “The sooner we understand that the present cataclysm is as serious an earthquake or tsunami, and that there is nothing people can do to prevent it, the better. Still, we should do our best to minimize the possible consequences of this situation and try to make better prognoses for such events in future.”

Speaking of the potential vaccine, Professor Lvov noted that he did not doubt it would be created, but not sooner than in six months. Also, in his opinion, the existing vaccines with an H1N1 component might be useful in the case of swine flu, too.

“These antigens are not identical, but such vaccines may prove to be useful in this case. It is also possible that the reason why the current situation in the United States can better be explained by the high number of those vaccinated against common flu,” said the scientist.

Professor Lvov is sure that no quarantine measures are able to stop a pandemic, only to slow it down at best.

“Further scenario depends on how actively viruses will be transmitted from one human to another and, in this way, spread over the world,” Professor Lvov added.

Swine Flu in Mexico: The “New” Bird Flu Text size

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Sherri Tenpenny, D.O.
DrTennyPenny
April 27, 2009 We knew this was coming. Even though the bird flu hype was removed years ago from the nightly news, planning for the global pandemic and the development of pandemic flu vaccines has continued with little notice. Our government has instructed FEMA, made checklists for Homeland Security, given action plans to State and local authorities. These plans include methods and drills for global inoculation with a vaccine that will no doubt have the same deadly consequences as the Swine Flu vaccine in 1976.

Drug companies have completely covered their tracks, and when reports of adverse event and deaths from the new swine flu vaccine start to roll in, they will be smiling all the way to the bank. My book, FOWL!, published in 2006, foretold the events that are now happening in Mexico. Reported death rates are skyrocketing, from 20 to 60 to 86, in a matter of hours. More than 1,300 others have supposedly become ill with "suspected" cases of the infection and reports are coming in from various States and Canada of swine flu. There are no sources or references given with these numbers; we have to take the word of CNN. A short look back at plans that were put in place several years ago will confirm this is not a spontaneous eruption and the solution – global vaccination – has been in the works for quite some time.

History Repeating

Even though April 30, 1975 marked the end of the U.S. presence in Vietnam, young men across the country continued to sign up for the all-volunteer army. Just after the Christmas holiday in 1975, thousands of enthusiastic new army recruits reported to the barracks at Fort Dix, New Jersey, to begin basic training. However, by mid-January, many were complaining of flulike symptoms; a few had even been hospitalized.

One recruit reported to his drill instructor that he felt tired and weak. Given the option to rest, he opted instead to participate in a five-mile training march on a cold February night. Twenty-four hours later, on February 6, 1975, the 19-year-old Pvt. David Lewis of Ashley Falls, Massachusetts, was dead. Word arrived the following week from the CDC laboratory that his death was caused by an unusual influenza type A virus. Particularly worrisome was that four other samples taken from ill recruits at Fort Dix had also tested positive for influenza A virus—a type that had previously been detected only in pigs.

Within three weeks of Lewis’ death – the only person ever confirmed to have died from swine flu on the entire military base – researchers and public health officials converged in Washington to persuade members of Congress to implement a costly new program to vaccinate the country. A nationwide campaign, launched with the urgency of a five-alarm fire, was started by the CDC which ramped up the vaccine production with millions of government dollars allocated to develop of a novel vaccine for mass vaccination.

The same five-alarm fire is happening today. This morning, April 26, 2009, the federal government declared a public health emergency, as the number of cases of swine flu in the U.S. rises to a mere 20, announcing the arrival of the long-planned for and awaited pandemic.

Pharma Protected

In 1976, the Federal Insurance Company advised Merck that all liability, indemnity, and defense costs associated with claims arising from the new swine flu vaccine would not be covered by its insurance plan. Having absorbed the embarrassment and the economic losses caused by the polio vaccine in 1955, the pharmaceutical industry and their insurance providers were determined that would not happen again.

This time, there are no worries. Drug companies have completely covered their tracks, and when reports of adverse event and deaths from the new swine flu vaccine start to roll in, they will be smiling all the way to the bank.

A d v e r t i s e m e n t

Flu shots were added to the Vaccine Injury Compensation Table in 2003, meaning, if anyone is injured, a claim needs to be filed through the Federal Court of Claims and it will be years before it is adjudicated. And that is just the basic layer of protection. All the drug companies have to do is whisper that this may be a "terrorist attack" and they are home free.

Before he was voted out of office in 2006, then-senator Bill Frist (R-TN), a physician, drove through a bill that gave drug companies more immunity than any bill ever passed by Congress. The legislation, referred to as "Division-E" was tacked on to a Defense appropriations bill in the final minutes of the Congressional sessions before the Christmas recess. This bill provides at least four sweeping provisions:

1. Immunity from liability for all drugs, vaccines, or biological products deemed as a covered countermeasure against bioterrorism in the event of an outbreak of any kind. The proposal is not only limited to new drugs or vaccines developed under the umbrella of "bioterrorism" or "pandemic" protection. The proposal is so broad that it could include drugs like Tylenol, Advil…and would have applied to Vioxx.

2. Immunity for any product used for any public health emergency declared by the secretary of HHS. The authority to declare an emergency now rests completely in the hands of the secretary of HHS— an appointed, non-medical person who has no accountability to the general public. The president’s hand-picked person that is part of his inner circle will have the power to mandate vaccines and other medications given to the American people.

3. Immunity from accountability. No matter what a drug company do wrong in this arena, they are protected. Even if the company’s dirty facility created a batch of contaminated vaccines that resulted in death or injury to thousands of people, the drug company will not be held accountable.

4. Immunity from law suits. A person who suffers any type of loss will be prohibited from suing the drug companies. Vaccine manufacturers have immunity from almost everything, perhaps even murder. The bill provisions provide a mechanism for filing a lawsuit, but the language explicitly prevents frivolous suits by setting a standard for liability more rigid than any known standard of negligence.

In simple terms, if a claim is filed by a plaintiff it can only go forward if the injured party can prove that the company performed an act of "willful misconduct" resulting in an injury or a death. In other words, the injured party would have to prove the vaccine maker intentionally caused him harm.

Division-E goes even one step further. Unbelievably, even if a pharmaceutical company knowingly harms people, the company will be immune from legal prosecution unless the U.S. attorney general initiates "enforcement action" against the drug company in the name of the claimant. This means the U.S. government would have to go to bat for the injured party for the lawsuit to move forward, as unlikely as the current swine flu fiasco being an unplanned pandemic.

New Vaccines Ready to Roll Out

The swine flu outbreak is going to benefit one of the most prolific and successful venture capital firms in the United States: Kleiner, Perkins, Caufield & Byers. Share prices have already risen for two of eight public traded companies in the firm’s portfolio of Pandemic and Bio Defense investments. BioCryst, up more than 26 percent, to $2.21 per share, and Novavax, maker of viral vaccines, escalated 75 percent to $1.42 per share on the first announcement of the swine flu outbreak in Mexico.

Novavax uses genetic information and "recombinant, virus-like particle technology" to rapidly engineer a vaccine. Its technology has only been through Phase II clinical trials but might be released prematurely. Novavax’s CEO, Rahul Singhvi announced Friday, "There is an emergency authorization avenue that is available that would allow us to use the vaccine in an emergency without further testing." The Division-E provisions would protect the company from all liability.

In the fine print of the Division-E legislation, (available for download at www.DrTenpenny.com so you can read it for yourself), there is a suggestion that a massive, bioterrorist vaccination program could be "voluntary." Will the media make everyone aware of the one-line provision that potentially gives us the right to refuse?

Will government mandates override State exemption laws? The future is unclear but this has been suggested. Your personal rights in this area are growing very thin and activism has never been more important. A quote by U.S. Representative Ron Paul (R-TX) says it all: "When we give government the power to make medical decisions for us, we, in essence, accept that the state owns our bodies."

Staying Healthy

Certainly, keeping yourself healthy and protected from all types of flu strains is a priority, now more than ever. Here are some suggestions:

Good hydration with alkaline water

If you don’t have access to an alkaline water machine, be sure to eat large amounts of alkalinizing, fresh vegetables and fruits such as broccoli, carrots, sprouts, avocados and berries. Here is a site with a great list: http://athma-pure.com/alkaline.aspx

Sleep

Get at least 8.5 hours per night, every night. Sleep is often overlooked at the key to health. This is simple to do and best of all, it is free.

Vitamin D

Much has been written on the importance of adequate vitamin D for resisting viral infections. Have your blood tested for 25-OH-vitamin D. Your doctor can order it or you can order it yourself through sites such as www.DirectLabs.com and www.LabSafe.com Your vitamin D level should be at least 50 ng/ml. It is safe to take at least 2000 IU of vitamin D3 per day. With summer coming, you can get your dose of D naturally from sunshine.

Vitamin C

Humans don’t store vitamin C and under stress, much more is required. Vitamin C is important for fighting viral infections. Take in at least 2000 mg/day for overall immune health.

Vitamin A

This vitamin is one of the best supporters you can have in your cabinet. Mycel A drops given in juice are easy to take for children and adults of all ages. By taking 5,000 IU/day for 5 days is safe for everyone and will give your immune system a protective boost against all types of viral infections.

While these suggestions are not meant to be all encompassing, these some simple solutions for you and your family.