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Today
Earl wrote:


I'll admit there's a lot of "stuffing" to this report. But just to give a little view of what I was thinking.

My first thought was $9 trillion to "Non-bank borrowers outside the U.S.". Instead of stimulating our domestic economy. I'm thinking it's like our domestic oil, it doesn't stay here for "energy independence" it goes out to the highest bidder. So we open and give land to the oil cartel in the "name" of energy independence and low fuel prices. Which "sounds good", but is just a bold face lie and never happens.




Still haven't done my reading (lol); but that won't stop me from replying to this particular point, since this is a VERY popular game for the banksters (and their puppets in the U.S. government).

My first thought was $9 trillion to "Non-bank borrowers outside the U.S.". Instead of stimulating our domestic economy. I'm thinking it's like our domestic oil, it doesn't stay here for "energy independence"...


Congrats Earl! Those are precisely the thoughts which this particular propaganda is supposed to create in your mind. "The U.S. government is too generous/helpful to 'foreigners'."



The best example of this game after the Crash of '08, and the world DISCOVERED that the Wall Street Vampires had swindled them for $TRILLIONS with their "mortgage-backed securities".

Flash ahead 12 months or so; and we start getting reports of the Federal Reserve (supposedly) "bailing out" various European nations (i.e. their banks). Now here's the question: if you STEAL $trillions from your neighbours, and then you give them roughly half that amount in return; have you "bailed them out"???



Not on the planet I live on. Where I live; those payments from the Fed were what I call "damages" for the crimes of the Wall Street Vampires, and not even full restitution, at that. So this is one way in which supposed "U.S. charity" wasn't exactly how it was described...by a collection of serial liars.

Then an even more-evil (and this more popular) game these Liars play is with what is called U.S. "foreign aid". For every $1 in food/medicine/farming equipment (i.e. stuff that actually helps people) there's at least $5 in MILITARY "aid" -- i.e. weapons of various sorts so that these poor nations can attack their neighbours.

And then (almost always) that's followed by some U.S. "foreign aid" to the neighbours as well, so everyone has all they need to START A WAR.



But what we have here (almost certainly) is yet a different form of "U.S. benevolence": imaginary benevolence. Refer to some of these older commentaries:

Federal Reserve Increases Counterfeiting
Maximum Fraud in U.S. Treasuries Market

The Federal Reserve has been counterfeiting USD's by the $trillions, going back to at least 2009. So when you perceive the U.S. people to have lost out, because of the "$9 trillion in foreign borrowing", that perception is based upon an implicit assumption, and that implicit assumption is erroneous.

Your assumption is that there is only a FINITE quantity of USD's, and every $1 lent to "foreigners" is one less dollar available for Americans. The truth, however, is that with the Federal Reserve being a shameless, serial counterfeiter; it has INFINITE "USD's" available to spray around.

If the U.S. government and/or the Fed wanted to do anything to "stimulate" the U.S. economy, all that is required to place a phone call to the NEW Counterfeiter, and tell Janet Yellen to print up another $trillion Secret Dollars.

Timeo Danaos et dona ferentes
"Beware of Greeks bearing gifts"

en.wikipedia.org/wiki/Timeo_Danaos_et_dona_ferentes

But this expression is 2,000 years old (or so), back to the time when Greece was the world's great power. The United States government are the new "Greeks".



Their "gifts" are never what they seem to be (i.e. what the propaganda machine presents them as)...



P.S. One of the reasons the U.S. government likes to play this fake-charity game is so that when people point to the U.S.'s rapacious trade practices (there are more "trade complaints" against the U.S. than any other nation), or some of its various other forms of economic terrorism; it can pull off this ludicrous White Knight routine with the American people -- and present other nations as a bunch of ungrateful whiners, rather than what they really are: VICTIMS.
07:17 PM
I just stumbled across this fascinating, older article while doing some research. There are several points of interest here. To begin with; this piece of twisted propaganda was written almost exactly one year after I published one of my own, most ground-breaking commentaries:

U.S. Economic Terrorism the New 'Winning Trade'

What we see with this Washington Times article is the classic manner in which the U.S. deals with all of its own crimes, and anyone who attempts to "point the finger" in their direction. They LIE, OBFUSCATE, and (always) attempt to blame others for their own crimes.

I'm going to do a full commentary on this piece, because there is plenty of 'fertile soil' here (i.e. manure); so I don't want to give away too much at the moment. But look at this piece yourselves, and see if you can pick out particular ploys and techniques for its lies which we have seen again and again in previous propaganda. In that respect; let me identify some excerpts worthy of particular scrutiny -- and encourage Members/readers to supply their own "take" on the significance, starting with the opening paragraph:

Evidence outlined in a Pentagon contractor report suggests that financial subversion carried out by unknown parties, such as terrorists or hostile nations, contributed to the 2008 economic crash by covertly using vulnerabilities in the U.S. financial system.

Suspects include financial enemies in Middle Eastern states, Islamic terrorists, hostile members of the Chinese military, or government and organized crime groups in Russia, Venezuela or Iran. Chinese military officials publicly have suggested using economic warfare against the U.S.

LOL !!!!!!!!!!!!!

Regardless of the report’s findings, U.S. officials and outside analysts said the Pentagon, the Treasury Department and U.S. intelligence agencies are not aggressively studying the threats to the United States posed by economic warfare and financial terrorism.

“Nobody wants to go there,” one official said.


Mr. Vickers declined to be interviewed but, through a spokesman, said he did not say economic warfare was not an area for the Pentagon to study, and that he did not block further study.

LOL !!!!!!!!! How's that for a piece of twisted, government double-talk???

The report concluded that the evidence of an attack is strong enough that “financial terrorism may have cost the global economy as much as $50 trillion.”

Because of secrecy surrounding global banking and finance, finding the exact identities of the attackers will be difficult.



Financial terrorism suspected in 2008 economic crash

www.washingtontimes.com/news/2011/feb/28...omic-crash/?page=all

Evidence outlined in a Pentagon contractor report suggests that financial subversion carried out by unknown parties, such as terrorists or hostile nations, contributed to the 2008 economic crash by covertly using vulnerabilities in the U.S. financial system.

The unclassified 2009 report “Economic Warfare: Risks and Responses” by financial analyst Kevin D. Freeman, a copy of which was obtained by The Washington Times, states that “a three-phased attack was planned and is in the process against the United States economy.”

While economic analysts and a final report from the federal government’s Financial Crisis Inquiry Commission blame the crash on such economic factors as high-risk mortgage lending practices and poor federal regulation and supervision, the Pentagon contractor adds a new element: “outside forces,” a factor the commission did not examine.

“There is sufficient justification to question whether outside forces triggered, capitalized upon or magnified the economic difficulties of 2008,” the report says, explaining that those domestic economic factors would have caused a “normal downturn” but not the “near collapse” of the global economic system that took place...
01:38 PM
rroush wrote:



...I know that this belongs somewhere else.. I just couldn't find that "somewhere else" that I know it belongs. So forgive me in advance for starting another post on this.



Lol! I know the feeling Rroush. Sometimes I can't find a "thread" which I know is here, somewhere. And sometimes I just get so excited about some new item I post it on a new thread before I remember there's an existing thread where it should go.



Here we see a perfect illustration of the Machiavellian manner in which the One Bank perpetrates its economic terrorism. It takes its crimes and uses them as "evidence" or "precedents" to aid it in committing more crimes.

In this case; we have another "attack" on Russia's economy (i.e. more economic terrorism). But if you ask these media parrots why Russia's debt should be downgraded to "junk"; they will point to the collapse in the ruble -- a previous act of economic terrorism. And as the psychopaths pile-up their acts of economic terrorism; they all become self-reinforcing, in terms of the propaganda itself.

Why has the exchange-rate of the ruble plunged by more than 50%? Because Russia's debt is "junk"? Why is Russia's debt rated as "junk"? Because the ruble has lost more than half of its value.

Two points here. First of all; this is a classic illustration of "circular reasoning", where instead of actually explaining/justifying particular conclusions, you simply pretend that you can use the conclusions to "prove" each other.

The other, perhaps more-important point here is that all of this nonsensical propaganda revolves around PRICE ANALYSIS. As I've explained before: price is not a "fundamental" of any market or sector. Thus price-analysis is not even real "analysis"; it's simply pseudo-analysis. Yet this is all that the drones of the Corporate media (and their "experts") ever do.

They NEVER examine real fundamentals, except in the most superficial terms (i.e. they simply lie about the fundamentals). If you ask them to "explain" ANY market; every one of these charlatans will IMMEDIATELY point to prices.

How did all these drones become so totally detached from reality, so that they don't even realize that all their "analysis" is merely pseudo-analysis (i.e. jibber-jabber)? Because in legitimate markets; price is a PROXY for the actual fundamentals. It's the simplest way to attempt to "analyze" any market, for so-called "analysts" who lack either the knowledge or brain-power to engage in substantive, fundamental analysis.

And, living in a world of idiots; it should be of no surprise that the drones of the Corporate media exclusively engage in the easiest form of "analysis", even though that analysis no longer possesses the tiniest shred of validity (since we no longer have legitimate markets).

01:17 PM
The propaganda of the Corporate media gets more and more absurd by the day. It's why I've labeled this fantasy-world "the Wonderland Matrix". While we voluntarily "plug" our minds into the fantasy-world produced by the propaganda machine; unlike the movie "Matrix"; our fantasy-world makes absolutely no sense, whatsoever.

Rather than allowing this to infuriate us, however; it's best to simply laugh at the all the idiocy. In that regard; here's a good chuckle from the Kitco clowns:

Gold Prices Look Toppy As Spec Longs Rise To Two-Year High - Analysts

Of course to get the "joke"; it's necessary to supply context. We start with the fact that the price of gold is well over 30% below its all-time high of a couple of years ago. We add in the fact that with the price of gold just below $1300; it requires a price of at least $1500/oz for gold-miners to simply break even.

But it gets sillier (of course). While these (U.S.) "analysts" supposedly see the price of gold as being "toppy"; in the Land of Bubbles we see both U.S. stocks and U.S. bonds at (ridiculous) bubble-highs. Furthermore, it's IMPOSSIBLE for stocks and bonds to rise together (in legitimate markets), and they have never previously risen simultaneously in the history of markets.

Yet where do these "analysts" see a bubble right now? Gold.



Of course this is an old (U.S.) joke, some might even argue a "classic". Can anyone forget the hilarious version of this joke churned out by the Corporate media in 2007 and 2008? With the U.S. housing bubble (the largest bubble in history, at that point) having already started to burst; where did U.S. analysts see "bubbles"? In China, across an ocean.



As observed previously; based on usage of the term by the Corporate media, I've defined an "economist" as "a person who knows absolutely nothing about economics". I debated changing that definition to "less-than-nothing", but decided that some people might think that was unfair.

Now, based on the usage of the term "analyst" by the Corporate media, I can also produce a real-world definition for that term as well. A (mainstream) "analyst" is a person who is utterly incapable of engaging in analysis. This is why all the mainstream "analysts" always agree with each other. It's much, much easier for Fools and Charlatans to hide inside a herd. And we can't forget that many of these "analysts" are also "economists" (and vice versa).



Of course what this "game" is really all about is that the Corporate media is not allowed to talk about the "bubbles" where they really are, because that would WARN the Sheep, before the Wall Street psychopaths can "fleece" them (to the bone).

Buffett Sits on $50 Billion Cash-Hoard, Waiting for Bubbles to Pop

Here's a "classic" of my own; an old four-part series where I first explained what all the "bubble" propaganda really means, and Part IV is especially applicable to the current context.

Bubblemania: Part I, Defining a “Bubble”
Bubblemania: Part II, The Land of Bubbles
Bubblemania: Part III, Debt Cemetery
Bubblemania: Part IV, The Mythical "Gold Bubble"






Gold Prices Look Toppy As Spec Longs Rise To Two-Year High - Analysts

www.kitco.com/news/2015-01-26/Gold-Price...r-High-Analysts.html

Gold prices are starting the week under pressure, which is not surprising to some analysts who say that in the short-term the yellow metal has no room to move higher, as speculative gross long positions reach a two-year high.

According to the U.S. Commodity Futures Trading Commission’s Commitment of Traders disaggregated report, money-managed speculative long gold positions increased by 23,429 contracts to 155,602, for the week ending Jan. 20. This is the highest level for gross longs since November 2012. At the same time, managed funds also reduced their short exposure, reducing short positions by 3,971 contracts to 26,261. Gold net-long positions now stand at 129,341 contracts...
12:49 PM
Yesterday
Jeff Nielson replied to the topic Re: Climate Change conference in 2015 in the forums.
Rroush, I'm simply not going to participate in any more of this silliness. ALL of your (so-called) "evidence" comes directly from the Compulsive Liars. They are YOUR "allies".

My "allies" are the global scientific community. The infantile article from Forbes "proves" nothing. As I point out again and again; the One Bank receives, for free, every year, roughly $100 TRILLION dollars.

They could pile-up $50 TRILLION of their funny-money (since they can't even use it all), and call it "Dark Money funding global warming research" -- and all I'll do is continue to laugh.

When the One Bank wanted to steal $20 or $30 TRILLION from our governments (after it manufactured the Crash of '08); how long did it take? A FEW DAYS.

Now you stand there claiming that the SAME banking cabal, pulling the strings of the SAME political puppets has been "trying" to implement its own Global Warming Agenda for the last 20 years, and failed???

What is stopping it...???



You can't use the anti-evidence of Compulsive Liars to "support" your own argument. The fact that you're obviously incapable of seeing the flaws in your pseudo-evidence makes wasting any more time here simply an exercise in masochism.
03:51 PM
Jeff Nielson created a new topic More, silly lies after Greek election in the forums.
I'm going to cover all of the One Bank's post-election lies (following the win by Syriza) is a commentary -- this time for Sprott Money -- so I won't rehash all of that (which I just finished writing). Rather, I'll simply focus on one aspect of the silliness here: the "reaction" in precious metals markets.

What does the One Bank tend to do, automatically, any time anything happens against its own desires? It whacks precious metals. This is not as entirely infantile and arbitrary a reaction as it may first appear. In fact, virtually anything which goes against the wishes of the One Bank is supportive of higher gold/silver price. Thus to CAMOUFLAGE its own set-backs; it ALWAYS whacks gold/silver after any sort of defeat.

Of course such malice is invariably revealed, when the knuckle-draggers of the Corporate media attempt to "explain" these market manipulations. Today's "explanation" is especially moronic, because the One Bank's manipulation of gold/silver prices (lower) today is so painfully obvious.

The "official" explanation is this:

Gold prices are moderately lower in early U.S. trading Monday, on a classic “sell-the-fact” scenario following the Greek election results on Sunday. Traders had “bought the rumor” last week, heading into the important elections.

But in the very next paragraph; Kitco proves that its "explanation" is puerile nonsense:

Important weekend news saw the Greek anti-austerity party win elections by a wider-than-expected margin Sunday.

When do traders "sell the fact"? When a result is EXPECTED. With the result of Greece's election being unexpected (i.e. a surprise) the only direction in which legitimate gold/silver markets could have moved today is higher.

Ultimately; Kitco's "explanation" of precious metals prices today is an intelligence test. Anyone who believes Kitco's nonsense doesn't have any...




Gold Lower on "Sell-the-Fact" Following Greek Elections

www.kitco.com/news/2015-01-26/Gold-Lower...Greek-Elections.html

Gold prices are moderately lower in early U.S. trading Monday, on a classic “sell-the-fact” scenario following the Greek election results on Sunday. Traders had “bought the rumor” last week, heading into the important elections. Profit taking from recent gains also has gold and silver markets feeling selling pressure to start the trading week. February Comex gold was last down $10.40 at $1,282.10 an ounce. Spot gold was last down $12.00 at $1,282.60. March Comex silver last traded down $0.255 at $18.045 an ounce...
02:33 PM
2 days ago
Earl, it will take me a while to unearth anything of SUBSTANCE in what is (undoubtedly) a(nother) steaming, mound of lies. What I'll note for now is just a simple observation. I knew just from the title of your post that you were bringing us either propaganda or disinformation -- simply from the use of the word "credit" in the same line as "dollar".

The word "credit" always has a positive connotation in people's minds, even when used as a EUPHEMISM FOR DEBT, as we (once again) with this propaganda. I can illustrate this by simply 'translating' the first line of these banker-lies:

[quote]Banks and bond investors have extended $9 trillion of US dollar credit to non-bank borrowers outside the United States.[/i]

Oooh! "$9 trillion of credit" -- sounds good. Now let's translate it:

Non-bank borrowers outside the U.S. have taken on $9 trillion of U.S. dollar debt.

We look at the translation, and immediately the words "debt bubble" leap to mind. Note that this is only non-bank borrowing. How many $TRILLIONS of USD borrowing has been done by the banks? We don't know because (as always) the Criminals won't tell us, and our pretend-regulators consider it "rude" to ask.



Thus at least superficially; this is a classic illustration of the Wonderland Matrix. Hide as much information as they can from us, and what they can't hide they PERVERT with their Machiavellian language.
02:29 PM
Jeff Nielson replied to the topic Re: Climate Change conference in 2015 in the forums.
Dylan wrote:
rroush,

It's all political theater, whether from Republicans or from Democrats, and don't even try to say one is worse than the other, they are both different sides of the SAME COIN. Bought and paid for by the "One Bank".


They are indeed both sides of the same coin. It makes sense then that they fund BOTH sides of the debate.




We can be more categorical than that, Dylan. This crime syndicate ALWAYS "plays both sides" in all of its scams. You must (at least attempt to) control both sides of an issue if you want to Control The Message (which is always a top priority of the banksters).

Providing (some) "evidence" of the Banksters playing the Other Side doesn't begin to qualify as conclusive. The question is WHICH SIDE does the One Bank want to "win"?

Here we go right back to "follow the money". The Banksters' rapacious, out-of-control industrialization is the nexus more its MULTI-QUADRILLION empire of crime. Conversely, even if it actually did create all the "carbon tax-credit" conspiracies we see in their laughable disinformation; they could only make a TINY FRACTION of that amount as The Green Bank rather than the One Bank.

This is the same argument which is also always decisive, any time anyone suggests that the Banksters are "going long" in precious metals (lol!). The paltry $trillions they could potentially reap by pushing-up precious metals prices could never compensate them for the $100's of TRILLIONS they would lose when rising gold/silver prices torpedoed all of their paper frauds.

Going "green" (no matter how the One Bank corrupted the movement) is not entirely evil. And there is ALWAYS more/easier profits to be made through being completely/unequivocally evil than there is through engaging in quasi-legitimate activities.

We see the proof of this merely by looking around. The One Bank's crimes continue to get more and more evil, by the day. They will ALWAYS choose "the Evil option" in any/all of their 'enterprises'.

02:04 PM
3 days ago
rroush wrote:
<sarcasm>It's official, Climate change is REAL</sarcasm>

news.yahoo.com/us-senate-yes-climate-change-real-002229559.html


US Senate: Yes, climate change is real
Washington (AFP) - In a surprise move, US Senate Republicans joined Democrats and went on record Wednesday acknowledging that climate change is real.

The symbolic amendment, attached to a controversial bill authorizing contruction (sic) of the Keystone XL oil pipeline, was approved 98-1 after Senator James Inhofe, seen as the top climate change denier in Congress, announced he was supporting the legislation.


Hrm... 98-1 is almost unanimous, but it's not so I'm sure it doesn't count.

PS. Please don't take this post too seriously, as you'll be able to poke holes in it so big as to be able to pass an oil pipeline through it... but I just couldn't resist.



Rroush, given that we're dealing with 100 Compulsive Liars; it's not helpful to get your "coverage" from the Corporate media -- another collection of Compulsive Liars. The article below from The Guardian is more constructive, starting with the title:

US Senate refuses to accept humanity's role in global climate change, again

Obviously they can't have done this "again" if they had not voted against global warming in the past. Then we have this:

The Senate voted virtually unanimously that climate change is occurring and not, as some Republicans have said, a hoax – but it defeated two measures attributing its causes to human activity.


Two points here. First these Liars have previously tried to pretend that there was no global warming (ice melting, seas rising) at all. The fact that they have flip-flopped here because the evidence is so overwhelmingly undeniable does NOT rehabilitate their credibility in any way.

The other point is that after the only vote that mattered (acknowledging the reality of global warming); they had two votes on what I've already explained is totally IRRELEVANT: whether it is humanity's "fault" that the planet is getting warmer. Two votes to obscure, confuse, and create IMAGINARY ROADBLOCKS.

But beyond the fact we have Compulsive Liars voting on irrelevant issues in order to create confusion and obstruct progress; we have this:

But Republicans have grown canny about being called out as climate deniers. For the Republican party leadership the current preferred phrase now is: “I am not a scientist” – which casts doubt but avoids outright denial...

When do the Republican Liars use their line "I am not a scientist"? When someone asks them questions about global warming. Here's the point. You can't use the line "I am not a scientist" to avoid answering simple questions about global warming, but STILL participate in an OFFICIAL VOTE in the Senate, intended to form SCIENTIFIC CONCLUSIONS.

Any/every Republican who uses the line "I am not a scientist" is logically required to ABSTAIN from any scientific votes. But none of them abstained, in any of the votes. So we have the Liars implicitly demonstrating that this is all just political theater -- and none of it has any validity.

Voting to acknowledge global warming, but refusing to acknowledge humanity's role effectively BLOCKS any/all action -- as long as the Liars can continue to perpetrate their political theater that this MATTERS (when it is really completely irrelevant).

Any objective/logical assessment of what is taking place here can only arrive at the conclusion that this is all fraudulent political theater, where many of the Actors are knowingly/deliberately engaging in simple obstructionism: lie, stall, sabotage. It's not only "theater", it's a disgustingly repetitive re-run.



US Senate refuses to accept humanity's role in global climate change, again

www.theguardian.com/environment/2015/jan...-global-warming-hoax

Senators accept global warming is not a hoax but fail to recognise human activity is to blame, nearly 27 years after scientists laid out man’s role

It is nearly 27 years now since a Nasa scientist testified before the US Senate that the agency was 99% certain that rising global temperatures were caused by the burning of fossil fuels.

And the Senate still has not got it – based on the results of three symbolic climate change votes on Wednesday night.

The Senate voted virtually unanimously that climate change is occurring and not, as some Republicans have said, a hoax – but it defeated two measures attributing its causes to human activity.

Only one Senator, Roger Wicker, a Republican from Mississippi, voted against a resolution declaring climate change was real and not – as his fellow Republican, Jim Inhofe of Oklahoma once famous declared – a hoax. That measure passed 98 to one.

But the Senate voted down two measures that attributed climate change to human activity – and that is far more important...
12:15 PM
4 days ago
Jeff Nielson replied to the topic Re: Billionaire Says We Need to Live On LESS in the forums.
Thanks for the posts, DayOwl!

They provide excellent context for me to illustrate the general paradigm of lies-and-corruption in which we live. First we have our governments allowing the banksters to (literally) steal all our wealth with their fraudulent/illegal money-printing. For any who missed my analogy about Gilligan's Island and "coconut dollars", I'll repeat it again.

The Seven Castaways are stranded on Gilligan's Island. But being the banker-like individual that he is; Thurston Howell III brought along his own printing-press for the cruise (you NEVER know when you'll need one). As the island's "economy" starts to develop; Mr. Howell suggests they need their own island currency -- which he calls "the coconut dollar. And Mr. Howell offers to run the island's "central bank", i.e. HE has total control over the printing press.

To begin with; Mr. Howell is an "honest banker". That's because when you run some "con", you always have to start off by creating some veneer of legitimacy. So originally; all of the castaways are given 10 coconut dollars to use in their commerce each week.

One day; Mr. Howell gravely acknowledges that the Island is facing "an economic crisis", and (he tells them) that supposedly the only way to deal with the crisis is with "quantitative easing". What does that mean? The other six Castaways continue to get 10 coconut dollars each week, while Mr. Howell (the recipient of all "QE") gets 100 coconut dollars each week.

What happens then? With LOTS of coconut dollars (and effectively infinite coconut dollars); Mr. Howell starts to offer to pay higher prices for all of the island's goods -- because HE (alone) can afford to pay more. So even though the Castaways have the same, nominal incomes as before, they have become much, much poorer.

Mr. Howell can afford to pay ten times more for EVERYTHING (because the MONEY SUPPLY has increased by a factor of ten), meaning that the coconut dollars are effectively only worth 1/10th as much as before. Mr. Howell has created a system to STEAL 90% of the Castaways wealth, in perpetuity. Of course to make this analogy a closer fit to the real world; Mr. Howell would have also had to MANUFACTURE the "economic crisis" which led to his "QE" stealing.

Now look at our own, crime syndicate economy. The One Bank has access to $100 TRILLION, for free, every year. Meanwhile, the Little People toil away for average incomes of roughly $50,000/year.

This is one hundred trillion dollars:

$100,000,000,000,000

This is fifty thousand dollars:

$50,000

The one number is TWO BILLION times greater than the other. By giving themselves effectively infinite amounts of free money, they make all our money WORTHLESS. For every PENNY we earn in our lives; the One Bank is given $20 MILLION, for free. Indeed, the PENNY is now officially worthless in Canada, and has been removed from circulation. Conversely, one can still do quite a bit of shopping (i.e. stealing) with $20 million in ILLEGAL DOLLARS.

This means that they (like the Gilligan's island allegory) are able to STEAL ALL OUR WEALTH, in perpetuity, as we earn it. But even this isn't enough for the Thieves, as we see with the propaganda supplied with DayOwl. The Thieves don't simply want to FREEZE our nominal incomes (as they drive the value of those incomes steadily toward zero) they want to LOWER our nominal incomes -- thus accelerating the speed at which they steal EVERYTHING.

And this is reflected in DayOwl's comment about the Thieves stealing "the value of our labour". It's classic bait-and-switch. As employees, we're offered "X" dollars per year to do our jobs.

While "X" remains the same, in purely nominal terms, the value of "X" steadily/rapidly plunges to zero. The Thieves CONCEAL their rapacious stealing with their lies claiming "there is no inflation" -- while they eat their $43 hot dogs.

P.S. DayOwl did the same thing I sometimes do with my own text-links (lol), and instead of providing the ZeroHedge link, she linked to her own post (that's why it doesn't work). Here's the ZeroHedge link:

$43 Hot Dogs; $47 Burgers And $55 Caesar Salads: A Look At The Davos Menu
www.zerohedge.com/news/2015-01-23/43-hot...lads-look-davos-menu



P.S. As a final reminder; all of these Liar-Thieves already know that it is THEIR incomes, and THEIR wealth which is extremely excessive. To begin to iron-out this obscene, rapacious inequality (as I noted recently); we would have to confiscate at least 98% of their ill-gotten hoards.

IMF: Wealth Inequality Harms Economies
01:37 PM
Jeff Nielson replied to the topic Russia did NOT cut-off gas to Europe in the forums.
...and now I'm really glad I didn't write a commentary on this subject, as we learn that Russia has NOT cut off gas shipments to Europe (from Paul Craig Roberts).

Clearly, this was a major disinformation exercise, as sites like Zero Hedge generally do not "bite" on anything unless they consider it substantive. So was there ANY kernel of truth beneath the disinformation? All that I can find is an article about Bloomberg, where Russia is PLANNING to divert its gas supplies through Turkey rather than shipping gas through Ukraine.


Russia Did Not Cut Off Gas

beforeitsnews.com/economics-and-politics...roberts-2472538.html

The reports from the UK Daily Mail and from Zero Hedge that Russia has cut off natural gas deliveries to six European countries must be incorrect. These sources are credible and well-informed, but such a cut-off would have instantly produced political and financial turmoil of which there is no sign. Therefore, unless there is a news blackout, Russia’s action has been misunderstood...


Russia to Shift Ukraine Gas Transit to Turkey as EU Cries Foul

www.bloomberg.com/news/2015-01-14/russia...s-eu-cries-foul.html

Russia plans to shift all its natural gas flows crossing Ukraine to a route via Turkey, a surprise move that the European Union’s energy chief said would hurt its reputation as a supplier.

The decision makes no economic sense, Maros Sefcovic, the European Commission’s vice president for energy union, told reporters today after talks with Russian government officials and the head of gas exporter, OAO Gazprom (GAZP), in Moscow.

Gazprom, the world’s biggest natural gas supplier, plans to send 63 billion cubic meters through a proposed link under the Black Sea to Turkey, fully replacing shipments via Ukraine, Chief Executive Officer Alexey Miller said during the discussions. About 40 percent of Russia’s gas exports to Europe and Turkey travel through Ukraine’s Soviet-era network...
10:49 AM
5 days ago
I'm glad that Dylan replied to this post, since it reminded me that I had forgotten to get to it myself. And obviously any post with the words "income inequality" in the title is a must-read for me.



Isn't this typical of how so much in our societies has been (literally) perverted: turned into its opposite by one or more segments of the Establishment. This sort of social disease is endemic with fascism, or any other form of tyranny. The goal is to corrupt anything-and-everything so that people will simply focus on corruption outside of government itself, OR (where possible) to get newly-corrupted entities to actually serve the Establishment -- as we see here.

The point here however that this process can (at least in theory) work in reverse, where we purge the corruption from some segment of our system, and then use that newly-purged faction against the Banksters, perhaps to purge corruption in more areas.

Humanity has progressed significantly in terms of being ready/willing to treat each other in a more civilized. Unfortunately, because the Psychopaths are continually stoking new conflicts -- both external and internal -- it becomes very hard to SEE that progress. Should we ever rid ourselves of this Crime Syndicate; I suspect humanity would immediately enter what would later be described as "a Golden Age".
07:22 PM
The really unfortunate part is that in order for the Psychopath's false-flag attacks (and their "War on Terror") to remain CREDIBLE to the Zombies, there also has to be a steady stream of real (innocent) victims. And they SPREAD AROUND their body counts.

The Thugs whom the propaganda machine now call "ISIS" started off killing Muslims in Libya, if we believe the narrative from SCGnews, and I found it to be well-researched, well-documented, and presented in a very convincing manner. Next they're killing more Muslims, this time in Syria. Then they're in Iraq, and engaging in "ethnic cleansing", where (as Debsyl pointed out) the Western-funded Thugs are now killing Christians as well. Next thing you know, a few of the Thugs pop-up in France.

We know that the One Bank was arming and funding both sides during World War II. So it would be nothing but "business as usual" for them to STILL be arming/funding "ISIS", while simultaneously turning loose the U.S. war-machine on them.
07:09 PM
P.P.S. Given that this is satire: I wonder if "Harland Dorrinson" is actually an anagram of some sort?

I'm no good at figuring out those sorts of puzzles, so if anyone else can come up with something (interesting) here, please post it.

03:27 PM
Jeff Nielson replied to the topic Re: The Daily Grind in the forums.
Once again; I'm choosing to put an "update" on the paper bullion markets here (where we have a couple of years of "context" to go along with it) rather than simply doing a new/separate post on the Forum.

We have had TWO extremely significant monetary events this week, just days apart. First it was Switzerland demonstrating that the euro is WORTHLESS, through ending its (suicidal) currency-peg to the euro...

Swiss De-Pegging Reveals Worthless Western Currencies

This was undoubtedly a surprise for the One Bank (i.e. Switzerland's government did NOT ask for prior permission to do this). We know this because of the magnitude of moves in these fraudulent "markets". With its Master Trading Algorithm; the One Bank can almost TOTALLY suppress moves in markets based on changes in economic fundamentals -- even enormous fundamental changes. Thus if the One Bank had known about (and authorized) this move; there would have been a MUCH smaller leap in value by the franc against the euro.

Now we have the second momentous event: MORE "QE", this time the euro. As has been explained many times previously; "quantitative easing" is just a (despicable) euphemism for the creation of WORTHLESS (and thus fraudulent) currency by our central banks.

Here it is necessary to understand that there can be no such thing as "a little bit" of fraudulent currency, because there is no way to distinguish between the (totally worthless) paper created via "QE", and the slightly more-legitimate/less-worthless paper our central banks were churning out before this.

They have "contaminated" (in monetary/economic terms) ALL of this paper, and thus it is ALL fundamentally worthless. Thus ANY new "QE" should produce massive moves in markets, yet all we see today after the latest euro-fraud are tiny blips.

As a result of both these momentous events; gold has pushed through the manipulation choke-hold (ever so slightly), and has once again regained the utterly meaningless $1300/oz level. Silver is now back to the too-disgusting-to-be-funny price of $18/oz.

What we should be seeing with announcements like this (if we had legitimate markets) are ZERO'S being added to bullion prices with announcements like this (i.e. $13,000/oz for gold, and $180/oz for silver -- as a starter). And these prices should be reflected in ALL of these worthless Western currencies, including the USD.

When the ECB ADVERTISES the worthlessness of the euro with more "QE", it should be a reminder to markets that the Federal Reserve has already made the USD totally worthless -- with its own $trillions of (totally fraudulent) QE. And then on top of that; the Fed has simply COUNTERFEITED countless $trillions of additional "dollars".

Federal Reserve Increases Counterfeiting

However, instead of mega-moves in the prices of precious metals (and many other categories of hard assets), we see these ridiculous, fraudulent mini-moves, where the Criminals PRETEND to "adjust" prices in line with fundamentals. As previously noted; the only way it is even theoretically possible to keep ALL markets in this fraudulent choke-hold is via its Master Trading Algorithm -- which allows it to simultaneously manipulate control all markets.

The Banksters’ Master Program For Manipulating Markets



How Gold & Silver React To ECB €1.1 T Asset Purchase Program – TD Securities


www.kitco.com/news/2015-01-22/KitcoNewsM...gets-January-22.html

The gold market continues its trek higher, following the European Central Bank’s monetary policy meeting Thursday and TD Securities says the market has “clearly shifted to a buy dips mentality.” “Gold and silver, have resumed their upward momentum, with gold just above $1300 and silver above $18.30,” TD Securities says. “It is shaping up to be a solid week for both but we still look for some profit taking to emerge ahead of $1305-1320 and $18.60-19.00,” they add. As of 11:34 a.m. EST Comex February gold was trading at $1,302 an ounce, up $8.40 on the day and March silver was trading at $18.360, up 16.7 cents on the day.
01:30 PM
6 days ago
The British Royal Mint announced today it is bringing back gold and silver BARS to add to its line of products. This is significant for a very important reason. What do Mints produce? They produce money.

What is Money?

It was already easy to argue that the gold and silver minted coins of these Mints were/are money, because most of them are legal tender currency, money by law. What does it say when a national Mint starts (re)producing gold and silver bars? That gold and silver (in whatever form) are money, period, and do not require the stamp of being "legal tender" to give them that status.

In turn; this affects their status for tax purposes. With their status as money (and currency) further reinforced by this latest announcement; it makes it impossible for our thieving governments to argue that we are holding a "commodity", and thus tax it as such.

As long as we do not "trade" (buy and sell) our gold and silver bullion -- no matter what form -- then it is always MONEY/CURRENCY, and immune to any capital gains taxation, as long as we SPEND IT and don't sell it.

Precious Metals and the Fraud of ‘Capital Gains’

P.S. Note the Snake(s) lurking in the shadows in Kitco's sycophantic reporting.





British Royal Mint Brings Back Gold, Silver Bars After 47-Year Absence

www.kitco.com/news/2015-01-21/British-Ro...47-Year-Absence.html

After a nearly 50-year hiatus, the Royal Mint announced on Wednesday its intention to offer gold and silver bars bearing the mint’s historic refinery brand.

“The Royal Mint is to bring about the return of a world-renowned bullion brand after an absence of 47 years, expanding its bullion range to offer gold and silver minted bars bearing the historic marquee of The Royal Mint Refinery,” said the mint in a press release.

The RMR brand dates back to 1852 and was operated by N.M Rothschild and Sons, the mint said, adding that the brand became a trustworthy name in the bullion market until 1968.

The combined heritage and integrity of the two brands is an added reassurance to customers looking for a cost effective way of buying gold and silver from a trusted source.” ...
[LOL !!!!!]
05:10 PM
1 week ago
Jeff Nielson replied to the topic Re: Climate Change conference in 2015 in the forums.
rroush wrote:


I on the other hand showed the opposite occurred. I've shown that the US government pays for "science" that shows man made global warming. Daily (multiple times per day) you show how the US government lies about multiple things from GDP, inflation, unemployment, etc etc. But for some reason, you believe them when they say that the sky is falling (ie temps are rising).




Wow! If you really believe that "the U.S. government" is behind global warming science then you really are too far-gone to reach.

Note also that I did not engage in simple name-calling (as you alleged). I said you were "being silly". I did not (and would not) say that you are a "silly" person yourself. I'm sorry if you took offense at that, but I simply have no other vocabulary to use as you reach for these absurd explanations.

There is YEARS AND YEARS of documented evidence of Big Oil paying for totally ridiculed pseudo-science in the early days (when there was still a "debate") which claimed to deny the existence of global warming. And Big Oil is the U.S. government, as we see with its multi-TRILLION dollar Shale Oil Scam.

Are you suggesting that (somewhere along the line) the U.S. government, Big Oil and the BANKSTERS (who control both) "switched sides"????????????????

And how can you reconcile the reckless industrial development of these actors, if they supposedly want to stop what they're doing "to save the environment"? This is all nonsensical.

Clearly if our governments (who rule with a fascist, iron fist) WANTED to implement a pro-global warming agenda, we would already be TWENTY YEARS PAST "debate", and already well into implementation of various, substantive, climate-mitigating policies. Instead, all we see is stalling and window-dressing, as evidenced by the fact that the heating/melting process is still accelerating.

You're the one who wants to have it both ways. On the one hand; we see enormous amounts of propaganda (which could only come from one place) telling us that supposedly global warming doesn't even exist. On the other hand; we have you telling us that the SAME ENTITIES are supposedly trying to ram global warming down our throats. Can't you see how insane that sounds??
Jan 20
How vindictive are the psychopaths of the One Bank? Apparently they plan on hounding Edward Snowden to his grave (assuming they don't put him there, themselves), his punishment for doing the right thing.

The latest U.S. persecution (and lies) about Edward Snowden are that the information he leaked about the NSA spying on Americans is somehow responsible for China getting the "plans" for the U.S.'s F-35 fighter jet.

German magazine, Der Spiegel, part of the propaganda machine itself, supposedly "leaked documents" which it (in turn) claimed were part of what had been "leaked" by Snowden. There are (as usual) numerous nonsensical aspects to this latest propaganda. Indeed, more and more of this stuff looks like it comes straight out of "MAD" Magazine.

1) Der Spiegel would never be ALLOWED to "leak" anything of significance. So obviously it's impossible to incriminate Snowden with any attack of this nature, since either (a) the material had already leaked into the public domain, or (b) it was simply no longer of importance (i.e. obsolete).

2) Simply because some media entity says "I got this from Edward Snowden" falls far short of proof, much like if some woman says "I got herpes from Bill Clinton" it doesn't mean it's true -- even though it probably is true for hundreds of women.

I'm going to suggest that vindictive nonsense of this nature actually hurts the banksters more than it could possibly help them (through perhaps intimidating other potential whistleblowers). Certainly this "evidence" isn't going to turn anyone against Edward Snowden who didn't already (mindlessly) believe he was "guilty"...of something.

Conversely, this is such an obvious (and pathetic) set-up directed at Snowden that it MIGHT cause people who had previously been "on the fence" to see the vindictiveness involved here -- and thus finally see the Light.



China calls Snowden's stealth jet hack accusations 'groundless'

www.reuters.com/article/2015/01/19/us-us...dUSKBN0KS0T820150119

(Reuters) - China dismissed accusations it stole F-35 stealth fighter plans as groundless on Monday, after documents leaked by former U.S. intelligence contractor Edward Snowden on a cyber attack were published by a German magazine.

The Pentagon has previously acknowledged that hackers had targeted sensitive data for defense programs such as the F-35 Joint Strike Fighter, but stopped short of publicly blaming China for the F-35 breach.

Defense experts say that China's home-grown stealth jets had design elements resembling the F-35.

The Pentagon and the jet's builder, Lockheed Martin Corp, had said no classified information was taken during the cyber intrusion.

German magazine Der Spiegel on Saturday published a cache of Snowden documents, including a top secret U.S. government presentation that said China stole "many terabytes" of data on the F-35 program, including radar designs and engine schematics...
Jan 19
Dylan wrote:
Proof/Paris False Flag/Brothers Framed and Murdered.




From 1:00 onwards

2014 Citroen C3 with Chrome Mirror package with antenna
Admitted as such by official sources

The key link to the two brothers - ID found inside.

Later the authorities "find" the vehicle

From 2:08 onwards

It`s clearly a 2013 Citroen C3 with Black mirror package with no antenna



Careful Dylan, you might cause YouTube to issue a "strike" against BBC...

Jan 19
debsyl wrote:



...According to the KWN clip, only two governments, Canada and Australia, have not agreed to sign on. The UN indicated however that they would ensure that Prime Minister Harper, of Canada, would not be re-elected in the upcoming election. Regardless of your views of Stephen Harper, that comment alone should speak volumes.

The following link, of December 14, 2014, however, indicates that ALL countries have come to an agreement. When have ALL nations agreed to anything; perhaps now you will agree it is a fraud?

www.theguardian.com/environment/2014/dec...alks-reach-agreement



Sorry Debsyl, to reply to your original question, no, I couldn't force myself to listen to more than the first few minutes. I make no apologies. NO serious entity would attempt to present supposed "science" with this ludicrously sensational -- and totally misleading -- video.

And Debsyl, what you cite about the "UN" supposedly ensuring that Stephen Harper isn't re-elected is simply hilarious. The One Bank OWNS the UN. The One Bank OWNS Stephen Harper. There is ZERO possibility that the One Bank will use one of its tools to destroy another. It is another means of demonstrating that this clip is simply disinformation.

P.S. In what possible way could the UN supposedly "ensure that Prime Minister Harper of Canada is not re-elected"? The UN doesn't even have any INDIRECT means of interfering with Canada's electoral process. It makes no sense on several levels.
Jan 19
Jeff Nielson, Jeff Nielson replied to the topic Re: Swiss Franc’s Value Soars in the forums.
P.S. It just occurred to me that while I did "cover" Jim Willie with my reply that I forgot to discuss the topic of conversation: the Swiss franc.

Part of the reason for this omission is that I will be writing a commentary on this subject, as there are definitely analytical issues here which need to be reviewed.

As with my recent post on Russia cutting-off the gas; we see the propaganda machine (and even some parts of the Alternative Media treating this as a "surprise" or a "shock". One area where Jim Willie was bang-on with his own take is that Switzerland was going to be forced to do this (very soon), and thus rather than being surprising it was/is an EXPECTED development.

Here people need to understand that "pegging" a currency is an explicit act of market-manipulation, as the only way in which one can artificially maintain a FIXED EXCHANGE RATE (in a world of "floating" markets) is through overt -- and often heavy-handed -- market manipulation.

In the case of a currency-peg; the manipulation is simple. You BUY the currency you want to prop-up. In this case; it was Switzerland's government loading up on hundreds of BILLIONS euros, in order to keep the (much stronger) franc from steadily appreciating against the worthless euro.

Of course; one can't keep BUYING (anything) forever. With the euro always weaker, and the franc always stronger; sooner or later the artificial peg (and constant market-manipulation) would have to end. That's what we see today.

But there are also a lot of "finer points" to make in terms of this development, and (as always) such fine-points can be made much more coherently within the format of a formal commentary...

Jan 19
Jeff Nielson created a new topic Russia cuts gas to Europe in the forums.
Readers have pointed me toward a couple of items in the economic news, and since you all generally have a good "nose for news"; I figured it was time for me to roll up my sleeves and get to work. First on the agenda is Russia's "sudden", "surprise" decision to cut-off gas to six Western European nations.

Of course the first point to make here is that this is neither sudden, nor a surprise. Indeed, as I'll argue in an upcoming commentary; the U.S. has essentially forced Russia into doing this. It's not surprising, since obviously if the West continues to aggressively/malicious attack Russia's economy with various acts of economic terrorism; as a simple act of self-defense, Russia was/is required to retaliate at some point. And it's not "sudden"; since Putin has frequently warned that cutting-off gas supplies was one of the specific counter-measures at his disposal.

However, it's when we look at the timing of Putin's move that we see the difference between the chess-player and the psychopath; as illustrated by the commentary recently posted by Earl (and previously posted somewhere else, by someone else - lol).

Grandmaster Putin’s Trap

If Putin was a psychopath, like the Rothschilds (and most of their 'pets' in the U.S. government); he would have lashed-out immediately after the West's sanctions were put in place, since that is how the mind of the psychopath operates ("retaliate, retailiate, retaliate"). Indeed, to we can perfectly illustrate this principle with four key-strokes: 9/11.

Conversely, the mind of the chess-player operates at a more-sophisticated (and calmer) level than the psychopath. When the chess-player is attacked, he (or she) does not simply blindly retaliate, as a reflex action. The chess-player firsts asks the question: WHEN is the best time to retaliate?

Clearly that "time" is now, for several reasons. Near (at?) the top of the list is the fact that two of the U.S.'s largest (so-called) "partners" and allies in Europe -- France and Italy -- have publicly gone 'wobbly' on sanctions against Russia. Indeed; as first suggested by Debsyl, very likely the latest "terrorism" in France was the U.S.'s way of "sending a message" -- after it's P.M. strongly suggested the sanctions should be lifted.

Now, after France and Italy have gone wobbly, after the U.S. launched a 'terrorist' attack on France, after Russia has formed its own "trading bloc" (and invited European nations to join); we see Russia finally 'turning the screws'. Is this what finally causes the U.S.'s alliance-of-coercion (and blackmail) to begin to fall apart...???



P.S. What a surprise the last-minute negotiations failed -- with Ukraine's fascist Thugs acting as the go-betweens here.






Europe faces gas shortage as Russia cuts Ukraine supply after talks fail

www.telegraph.co.uk/news/worldnews/europ...fter-talks-fail.html

Ukraine fails to broker an 11th-hour deal with Russia, causing Moscow to effectively halts all shipments from Monday morning

Europe is facing gas supply disruptions after Ukraine failed to broker an 11th-hour deal with Russia in a feud that has stoked the worst East-West crisis since the Cold War.

Ukraine hosted the last-gasp talks hoping to keep an energy shortage from compounding the new pro-Western leaders’ problems as they confront a two-month separatist insurgency threatening the very survival of their ex-Soviet state.

But Russia’s state gas firm Gazprom said it had switched Ukraine to a prepayment system at 7am UK time – a move that effectively halts all shipments because Kiev has not forwarded any money for future gas deliveries to Moscow.

“If we receive no prepayment by 10:00am (0700 BST), then we obviously will deliver no gas,” official Gazprom spokesman Sergei Kuprianov told AFP.

Gazprom added in a statement issued once the deadline had passed that “according to (our) provisional invoice, no payments for June were received.”...
Jan 19
Jeff Nielson replied to the topic Re: This will put a smile on your face. in the forums.
This is too funny!!!

I now have a new "favorite drone" in the Corporate media. His name is (honestly) Steve Liesman. It gets better. Not only is Mr. Lies-man a "journalist", he's also a self-described "economist". So, when I'm looking for some propaganda reference to use in future commentaries; I may start trying to get most of my references from the Liesman, himself., since Steve LiesMan isn't simply "a" journalist/economist, he's every journalist/economist

As of yet; I've been unable to locate any female-gender equivalent for Mr. LiesMan (i.e. Jane LiesWoman). And as a result of this new (for me) revelation; "B.S. Bernanke" (Benjamin Shalom Bernanke) has now been relegated to my second favorite name in the propaganda machine...




en.wikipedia.org/wiki/Steve_Liesman
Jan 19

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JomComment

2012-08-16 15:41:20
Jeff, A great article.
2012-07-10 11:17:55
Groundhog buyer of Treasuries is Ben, Ben, Ben.... .....
2012-07-05 11:48:02
Jeff, is your useage of 'Oligarch' as in Stalin an .....
2012-06-11 17:24:39
With the coming collapse of most paper curencies a .....
2012-05-19 13:51:10
Jeff, great reply. After an analasis of the choice .....

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