Tuesday, January 20, 2009
Confiscation of America, a Road Map: Overview
Tuesday, January 20, 2009 | 
Posted by
Chris Waner
Between July 4th, 1776 and December 23, 1913 the US was embroiled in no less than five major wars. But the defining war, the war that most characterized the battle for freedom and liberty in the land thereof has been largely omitted from the history books. It remains the longest running war in US history, lasting over 130 years. The balance of power shifted no less than seven times, as an international chess game played out between principled American citizens in the highest elected offices and international financiers. Winning this war meant freedom and prosperity for every American, losing meant nothing less than slavery. On its surface this was the war against "the Bank," but more accurately it was against global totalitarianism, and prior to 1913 this war and every other was largely nothing more than a continuation of the one and only war this country had ever fought--the Revolutionary War, the war for our freedom. Unknowingly the United States became a slave nation with the stroke of the Congressional pen on December 23, 1913. Remarkably its citizens remain ignorant to this day. But the awareness in creeping in slowly. The truth is like a living thing: it wants to be known, and those who have tried desperately to obfuscate our bondage and even the existence of the war itself strive desperately to keep the curtain drawn. The articles which follow detail not the war itself, though the history of it is filled with many victories and many heroes, but, rather, these articles detail the final battle, the subsequent plundering of the American people, the dividing of the spoils of the war, and the road to our postmodern slaver; simply put, the articles which follow provide proof for and are an historical account of the confiscation of America.
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Friday, January 9, 2009
The 2008 Credit Crunch Swindle
The 2008 credit market statistics are out and the results prove just how much the government and banking interests control the game. Robert Higgs, Senior Fellow in Political Economy for the Independent Institute and editor of The Independent Review, writing for mises.org, has called the 2008 credit crunch a hoax. He points out that the statistics show that at no time was there a net decline in the credit market in 2008 but only a brief plateau in mid 2008. What does this mean? That means that we are trillions of dollars further in debt because Bernanke, Paulson, Bush, and the big banking interests were faking it.
But faking it to what end. Well let's look at what happened. The Federal Reserve (the Fed) has purchased hundreds of billions of dollars in Treasury Bonds with money that they printed out of thin air that the American citizens have to pay back with interest to the Fed's shareholders--international bankers--money which they will have less of because of the dramatic inflation caused by printing 1.4 trillion dollars. Treasury Secretary Paulson sold the idea into Congress as a means of buying toxic assets, but instead he used the first half of the money to give bankers big bonuses, buy stock in the banks, and enlarge the size and scope of the federal government. The second half of the money he has ordered to be released, but refuses to tell us where it's going or how it's going to be spent, calling disclosure "unproductive."
If that wasn't enough, major land shifts are underway in the banking community. Just as in 1907, 1919, 1929, 1971, and 1984 a massive consolidation of banking is happening right under our noses. Institutions are being systematically bankrupted, and who is waiting in the wings but even larger banks aided and abetted by the federal government. These Goliaths are buying up the defunct banks, companies, houses, cars, and assets of all kinds. The result is that now fewer and fewer people own more and more of the nations wealth. This is the business cycle at work. Unfortunately, that's just the economic impact. As Higgs writes:
The beauty of the Great Hoax of 2008, from the perspective of the ruling class, is that is was also a Great Scare, and such scares invariably serve as pretexts for the rulers' most audacious assaults on the peasants' lives, liberties, and purses.
What can we expect to see? More of what we've experienced over the last few months: inflationary spending, more regulation, more taxation (yes, a tax was levied to help pay for the bailouts), more government ownership in corporations, more multinational corporations in bed with big government, more lies, more deceit, more corruption, more money, freedom, and liberty for them, and a whole lot less for you and me.
Tuesday, January 6, 2009
The Business Cycle Theft
For more than 50 years the media, political pundits of both parties, and well-placed academics have portrayed the rise and fall (good times to bad times) of the US and world economies as a natural phenomenon, occurring as investment stochastically flows into promising areas and then on to new investment horizons. Nothing could be further from the truth.Rather, the business cycle or boom-bust cycle, as it is called, is a carefully orchestrated contrivance of the banking and central banking cabal. It is designed to build confidence in a false market, lure investors and borrowers in, and then collapse the pseudo-market in order to confiscate wealth from the population. Each boom-bust cycle has six steps. Lets look at the current (and past) credit/real-estate market fiasco to see how the scam works:
Step 1: Find or Create a Problem. The cliche' goes, "necessity is the mother of invention," but hand-in-glove with that is, "necessity is the mother of investment." Financiers look to the public and public officials to find an issue to exploit. In both the seventies to eighties and again in this decade the problem of affordable and available housing was used, some argue it was created, in order to generate a new economic boom.
Step 2: Pump the Problem. In the seventies the housing issue received a great deal of attention. The media, largely owned by those who owned the banks, were a-buzz with stories highlighting not the median housing situation but the worst of the worst. At the time very little was mentioned of the roll high energy and commodity prices played in the housing situation, a problem compounded by the fact that very few loans were given out due to exorbitant federal interest rates, resulting in a low money supply. Academics wrote papers talking about the ethical and moral travesty playing out among the poor, who desperately sought a house to call their own. The American dream was declared dead. The public outcry was heard by Congress, which promptly passed legislation and regulation to ensure that credit was easily available and monthly payments were "affordable."
Step 3: Boom the Economy. To meet the "demand" for housing and to comply with government regulations like the Community Reinvestment Act (1977), the Federal Reserve (the Fed) and fractional reserve bankers pumped money into the economy in the form of loans to real-estate investors, builders, and new home buyers. As the money supply ballooned, the Congressional plan appeared to have worked. More people were in homes. However, the loans came with a grave price--usually variable interest rates and low down payments on overvalued loans.
Step 4: Let Supply and Demand Work. We should make no mistake, our nation's financiers (as well as those on the world stage) are no dummies. They understand supply and demand perfectly, and they know how to use it to their advantage. As soon as there are more houses built than buyers for those houses, the system will crash. The value of homes will drop leaving borrowers underwater, owing more than the house is worth. The over-investment in the housing market rushes away to more logical, real, and sustainable areas. Layoffs in the housing industry ensue; corporate and consumer spending decreases; more layoffs; people are unemployed and unable to pay the loans on the new houses.
Step 5: Constrict the Money Supply. Often the government--who is largely complicit in the scam, receiving campaign contributions from big banking financiers and being personally invested in the financial sector--commences with the bailout dog-and-pony-show. They spend even more of your money or print more money, which is inflationary. But this is all a sham. This money goes no where because the bankers have already received the slap on the wrist for government mandated and subsidized predatory lending practices and have increased the loan requirements beyond what most can bear. The result is that less money is flowing into the economy from loans. Those who have not defaulted on their loans continue to make their payments, which also goes no where in the system because no loans are being given back into the economy. This results in less money. And the hardship spreads as businesses and families go bankrupt. Incidentally, as I write this, we are currently in this stage of the game; banks that are usually running at 3% reserves are now sitting in the mid 90% range in reserves. They are actively and purposely taking money out of the economy.
Step 6: Confiscate the Wealth. During the boom stage the confidence in the market was high and loans were easy. Families and companies who were overextended were still able to make ends meet because the money supply was also elevated. As the money supply dwindles these families and companies are unable to pay their loan payments. The result is foreclosure and the confiscation of not only the loan asset (the house) but also the collateral on the loan. The bankers created money out of thin air to give as loans in the first place, then took away the ability for those people to pay back the loans, then took away the actual wealth--houses, cars, businesses, etc. The rich are made richer and the poor, poorer.
If you can survive the years between the bust and the next boom, you'll see that there's another investment opportunity to solve a new problem, and the money and loans will flow freely. People will think that the government bailouts worked and the world has learned a valuable lesson, but as things reach a euphoric high, the immutable law of supply and demand will take over. The bankers will be there to constrict the money supply, take your wealth, make themselves richer and you poorer, and do it all again.
The stakes are getting higher though, and the economic variables are getting harder to juggle. Each boom is getting bigger and so is each bust. Each time more money is dumped into the economy, hyper inflation becomes a more serious risk. Do the international financiers believe that this cycle can go on forever? Are we headed for a systematic crash of the US economy? Unfortunately, I can't say. But given how close this crash was, chances are we'll still be around to find out.
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