Category Archives: Financial

Henrik Palmgren Interviews Anthony Migchels ~ Usury: The Problem With The Economic System… [Audio]

Anthony Migchels is an Interest-Free Currency activist and founder of the Gelre, the first Regional Currency in the Netherlands. He joins us to talk about the very central problems of economics today, usury or interest, alternative currencies and more.

We begin by discussing the problems with our global usury economy, which results in the rich owning the majority of the wealth – a scheme that will inevitably lead to an economic collapse. Anthony explains how the money powers that be have plans spanning centuries and this predatory system, disguised as a free market strategy, is backed by the extremes of Libertarianism and Marxism, philosophies that contradict the very nature of mankind.

We’ll also take a look at how the workforce produces the majority of the wealth for the rich, yet their wages, food and basic commodities are taxed, resulting in total slavery to the state. Then, Anthony talks about the monetary reform movement, which is concerned with the creation of money out of nothing, as opposed to the problem of usury.

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Four Horsemen Feature Documentary – Official Version [Video]

“Four Horsemen is a breathtakingly composed jeremiad against the folly of Neo-classical economics and the threats it represents to all we should hold dear.” – Harold Crooks, The Corporation (Co-Director) Surviving Progress (Co-Director/Co-Writer)

Four Horsemen is an award winning independent feature documentary which lifts the lid on how the world really works.

As we will never return to ‘business as usual’ 23 international thinkers, government advisors and Wall Street money-men break their silence and explain how to establish a moral and just society. Continue reading

Andy Hoffman ~ Inflection Point: Unprecedented Fear As Everything Falls Apart [Audio]

[SGT] caught up with Miles Franklin’s Andy Hoffman today just after he recorded his latest audio blog-cast titled ‘Laughable FOMC Statement Sets New Central Bank Credibility Low Until the SNB One’. And Andy has never been more alarmed by what we have witnessed unfolding over just the past two weeks. The global economic system is literally coming apart at the seams.

While talking about this week’s “meaningless” FOMC statement and the Swiss National Bank taking interest rates negative, Andy says the powers that be are “terrified” that it’s all coming apart and he describes their fear as “unprecedented”. This is a must listen conversation as we document the collapse for this third week of December, 2014.

Andy Hoffman @ Miles Franklin

SF Source  Dec 18 2015

Joseph Farrell ~ News And Views From The Nefarium December 18 2014 [Video]

Joseph analyzes the possible “high octane implications” of a recent article from Zero Hedge”

Commodity Trading Giant Exits Physical Gold Due To “Lack Of Physical With A Documented Origin”

SF Source  Joseph Farrell

Joseph P Farrell ~ Banker Death Update: Slain Mass Mutual Executive Melissa Millan Had “Trade Secrets”

Melissa Milan

Melissa Milan

Not long ago I blogged about the sad murder of Melissa Millan, an executive with Mass Mutual, who was found murdered on a jogging track near her home. She has joined a sad and growing list of people in banking or banking related business who have died under quite suspicious circumstances. But now there’s more information to add to her story:

Slain MassMutual Executive Held Wall Street “Trade Secrets”

This is one to study closely, folks, for it confirms that at least a part of the pattern we’ve been seeing is the relationship to BOLI, or Bank-Owned Life Insurance policies on its employees (which I definitely think is part of the pattern, though certainly not all of it). But in order to see the significance of this pattern, and the late Ms. Millan’s place within it, I want to draw your attention to certain paragraphs in this article. First, the general context:

“Information has now emerged that Millan had access to highly sensitive data on bank profits resulting from the collection of life insurance proceeds from her insurance company employer on the death of bank workers – data that a Federal regulator of banks has characterized as “trade secrets.”

“Millan was a Senior Vice President with Massachusetts Mutual Life Insurance Company (MassMutual) headquartered in Springfield, Massachusetts and a member of its 39-member Senior Management team according to the company’s 2013 annual report. Millan had been with the company since 2001.

“According to Millan’s LinkedIn profile, her work involved the “General management of BOLI” and Executive Group Life, as well as disability insurance businesses and “expansion into worksite and voluntary benefits market.”

“BOLI is shorthand for Bank-Owned Life Insurance, a controversial practice where banks purchase bulk life insurance on the lives of their workers. The death benefit pays to the bank instead of to the family of the deceased. According to industry publications, MassMutual is considered one of the top ten sellers of BOLI in the United States. Its annual reports in recent years have indicated that growth in this area was a significant contributor to its revenue growth.”

And now, an important consideration: Continue reading

Greg Hunter Interviews Paul Craig Roberts ~ Is Ruble Collapse Act of War [Video]

“Former Assistant Treasury Secretary Dr. Paul Craig Roberts thinks the only thing that explains the plunge in the Russian ruble is that it is being attacked by America.” – G Hunter

Roberts contends, “It is not a currency crash in the sense there are no economic reasons for the ruble’s fall.  Unlike the United States, which has a massive trade deficit, and if the currency markets were not rigged, the dollar would be collapsing, the Russian economy has a trade surplus.  Therefore, there is no pressure on its currency for economic conditions.”

Dr. Roberts goes on to say, “This is not some independent action of market forces.  So, it’s either hedge funds, currency speculators like Soros, or it’s an Act of War on behalf of the United States government by the Federal Reserve or the Exchange Stabilization Fund. . . or possibly both hedge funds working with the federal government.” Continue reading

Money Vs Currency, Backwardation And Contango Discussion [Video]

In these times, everyone needs to have a clear understanding of what money actually is, because when you ask anyone on the street what money is, they pull out federal reserve notes and the rude awakening is just ahead that these pieces of paper are anything but!

If you owned the printing press, you’d want the citizens of the world to think of your fiat as real money. That campaign has worked for a long time, but just ahead, we’re going to see the US dollar become worthless, as a direct result of the criminal and unconstitutional actions of the Federal Reserve. This group of parasites who own the Fed are not part of our government. Their names are secret. Their deed, destructive to the financial structure of the world and likely to produce a worldwide depression that could last 25 years, with starvation, unemployment, chaos and war! For this reason, I have written a script, recorded it and added an article to explain what’s going on, so that the public is more informed.

The link to the article is here:…

SF Source BackToConstitution  Dec 17 2014

Charles Hugh Smith ~ The Great Generic Drug Rip-Off

“Big Pharma has followed the only avenue left to reap billion-dollar profits: jack up the price of generics.” C H Smith

CharlesHughSmithWhat happens when rapacious cartels run out of billion-dollar-profit products? They jack up the price of what was previously low-cost. And why are they able to raise prices by 388% to 8,000% at will? Because they can. That’s the whole point in having a cartel that is enabled and enforced by the cartel’s toadies and apologists in the central state (federal government): price increases can be imposed on the government and the private sector at will.

I was alerted to the extraordinary price increases in widely used generic drugs by Ishabaka (M.D.), who forwarded this fact sheet issued by the office of Senator Bernie Sanders: (Chart is reproduced below)

Staggering Price Increases for Generic Drugs
“Rep. Elijah E. Cummings and Senator Bernard Sanders sent letters to 14 drug manufacturers requesting information about the escalating prices of generic drugs used to treat everything from common medical conditions to life-threatening illnesses. Data was provided by the Healthcare Supply Chain Association (HSCA) on recent purchases by group purchasing organizations (GPOs) of ten generic drugs.”

Here are Ishabaka’s comments:

“I’d like to focus on the top one – doxycycline. This is a very effective antibiotic for pneumonia, bronchitis, and sexually transmitted diseases (chlamydia and gonorrhea). Throughout my medical career, it has been a cheap generic drug I used all the time. It’s cost has gone up from $20 a prescription to over $1,600 a prescription in the last 12 months.

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Mark Nestman ~ Why The IRS Goes After The “Minnows” And Ignores The “Whales”

“[Jane Kim] also says the IRS has a policy of not enforcing the tax laws that pertain to “large corporate taxpayers,” resulting in the loss of additional billions in tax. On the other hand, Kim says the IRS applies tax laws with “draconian strictness to small business, the self-employed, and wage-earning individuals.” Kim’s letter contained numerous examples of cases the IRS declined to pursue that resulted in nearly $15 billion in lost tax revenues.” – M Nestmann

IRS_cartoonThe intrepid bureaucrats at the Internal Revenue Service have done a superb job of making us fear them. We dutifully file our 1040s, FBARs, and all manner of other forms, consent to having our wages withheld from our paychecks, and suffer indignities on a daily basis at which our forefathers would have blanched.

But it’s never enough. I have seen many examples in my years of experience as a consultant. One client was pursued for 18 months for an underpayment of a few dollars and wound up paying more than $1,000 in penalties to make the IRS go away. Another client filed an offshore trust reporting form one day late and the IRS tried to collect a 35% penalty on a $1 million transfer to the trust.

But I don’t have a large collection of horror stories involving the big Fortune 500 companies. Sure, the IRS took down Swiss banking giant UBS as part of its ongoing vendetta against all things offshore. But these cases are few and far between.

I’ve often wondered if the IRS has a formal policy for ignoring tax evasion and fraud by “whales” (Fortune 500 companies) and instead focusing on “minnows” (you and me).

It turns out such a policy does exist. It may not be formal, but nonetheless, it is real, according to several insider sources, including two high-level attorneys working at the IRS (although perhaps not for long) and one former IRS attorney. Continue reading