Tag Archives: Ponzi Scheme

China’s Pivotal Role: More Questions Than Answers. Not So For Charts.

Michael Noonan – The belligerent United States continues to assert its fading but still lethal destruction around the globe.  Just one guess who is behind the Saudi invasion of defenseless Yemen, covered here previously, [See What Moved Price? Ba el-Mandeb ]?  The Military Industrial Complex [MIC], finds it financially rewarding to sell all the military might necessary to wage war of any kind, anywhere around the world.  After all, when the primary country you occupy has over 6,000 retail stores closing, domestic business is not doing very well, so the federal government needs income from somewhere.

Are we unfairly picking on the United States?  Absolutely not, unless you are a U S citizen whose sole source of information comes from the NWO mainstream news media which is prevented from ever covering the truth.  [See Obama More Hostile Towards Press Than Any Other President In History].  Rather than try to convince anyone, in a sentence or two, that freedom of the press is just a myth in this country, we will let this WashingtonsBlog article do the heavy lifting as just the tip of the news media iceberg.

Our focus on gold and silver is more of an unconventional approach because the conventional news stories on them regurgitates a never-ending supply of statistics that have nothing to do with current prices.  What does?  The ongoing existence of the New World Order’s lead “hit man,” the corporate federal U S government, forcing the debt-ridden fiat Federal Reserve Notes [FRN], aka the “dollar,”as the proxy for keeping the largest and longest ever Ponzi scheme of enslaving the world.

It is the same US that is arming the Saudis, [who by the way, are killing the US shale oil fracking industry, thereby further weakening both the country and its fiat petro-dollar to ensure there is no other competition for Saudi oil], that started the [failed] Ukranian War, also over money, [preventing Russia from being the top energy supplier to Europe, and thus keeping the EU under the financial thumb of the US].

If you listen only to the mainstream news, Russia, which means Putin, is the despised enemy.  Yet, there is not a single piece of evidence that supports the US-led propaganda agenda that demonstrates Russia was an aggressor in the illegal CIA-induced coup of Ukraine’s previously elected president [who happened to not support US interests.] Continue reading

You Can’t Taper A Ponzi Scheme: Time To Reboot

“Our financial leaders, in conjunction with our political leaders, have continually re-created the web of money and credit that knits our economy together. But they have often taken only their own interests and those of the wealthiest citizens into account, not those of the general public. It is up to us to educate ourselves about money and banking, and to demand a system that is accountable to the people and serves our long-term interests.” E Brown

Ellen Brown

Ellen Brown

One thing to be said for the women now heading the Federal Reserve and the IMF: compared to some of their predecessors, they are refreshingly honest. The Wall Street Journal reported on July 2nd:

Two of the world’s most powerful women of finance sat down for a lengthy discussion Wednesday on the future of monetary policy in a post-crisis world: U.S. Federal Reserve Chairwoman Janet Yellen   and International Monetary Fund Managing Director Christine Lagarde. Before a veritable who’s-who in international economics packing the IMF’s largest conference hall, the two covered all the hottest topics in debate among the world’s central bankers, financiers and economists.

Among those hot topics was the runaway shadow banking system, defined by Investopedia as “The financial intermediaries involved in facilitating the creation of credit across the global financial system, but whose members are not subject to regulatory oversight. The shadow banking system also refers to unregulated activities by regulated institutions.” Examples given include hedge funds, derivatives and credit default swaps.

Conventional banks also engage in “shadow banking.” One way is by using their cash cushion as collateral in the repo market, where they can borrow to invest in the stock market and other speculative ventures. As explained by Bill Frezza in a January 2013 Huffington Post article titled “Too-Big-To-Fail Banks Gamble With Bernanke Bucks”:

If you think [the cash cushion from excess deposits] makes the banks less vulnerable to shock, think again. Much of this balance sheet cash has been hypothecated in the repo market, laundered through the off-the-books shadow banking system. This allows the proprietary trading desks at these “banks” to use that cash as collateral to take out loans to gamble with. In a process called hyper-hypothecation this pledged collateral gets pyramided, creating a ticking time bomb ready to go kablooey when the next panic comes around.

Addressing the ticking time bomb of the shadow banking system, here is what two of the world’s most powerful women had to say: Continue reading

The Rot Within, Part I: Our Ponzi Economy

“The stock market has been made the official metric of the nation’s economic health; too bad it’s a Ponzi scheme. Financial bubbles are what economist Robert Shiller calls “naturally occurring Ponzis” because the psychology of ever-rising prices and profits fuels an inflow of greater fools that sustains the bubble until all available greater fools have sunk their cash and credit into the bubble.” C H Smith

CharlesHughSmithAll the conventional policy fixes proposed by Demopublican politicos, technocrats and the vast army of academic/think-tank apparatchiks are the equivalent of slapping a coat of paint on a fragile facade riddled with dryrot.
All these fake-fixes share a few key characteristics:

1. They focus on effects and symptoms rather than address the underlying causes, i.e. the dryrot at the heart of our government, society and economy.

2. They maintain and protect the Status Quo Powers That Be–no vested interests, protected fiefdoms or Financial Elites ever lose power as a result of these policy tweaks.

3. They are politically expedient, meaning they assuage the demands of vested interests rather than tackle the rot undermining the nation.

4. They ignore the perverse incentives built into current systems and the incentives of complicity, i.e. to cheer another coat of paint on the dryrot rather than face the costs of real reform.

The financial underpinnings of the economy and society are rotting from within:finance, higher education, defense, healthcare, law, governance, you name it. Continue reading

4 Hard Truths That Will Jolt You Awake

FractalEnlightenment  April 23 2014 (Thanks, WZ)

“The truth will set you free. But first, it will piss you off.” –Gloria Steinem

Are you tired of floating around in that pink goop of the Matrix? Are you ready to slough off the illusion like it was an old hat? Has the White Rabbit been too fast for you so far? If you are reading this article, you are here to wake up. Here are five ways to slow that white rabbit down so you can catch up.

1) Money is a hoax

“The Western worldview says, in essence, that technological progress is the highest value and that we were born to consume, to endlessly use and discard natural recourses, other species, gadgets, toys, and often, each other. The most highly prized freedom is the right to shop. It’s a world of commodities, not entities, and economic expansion is the primary measure of progress. Competition, taking, and hoarding are higher values than cooperation, sharing, and gifting. Profits are valued over people, money over meaning, entitlement over justice, “us” over “them.” This is the most dangerous addiction in the world, not only because of its impact on humanity but because it is rapidly undermining the natural systems that sustain the biosphere.” –Bill Plotkin

It is not the more evolved aspect of ourselves that tricks us into thinking that we need money to survive; it’s the less evolved aspect of ourselves that does the tricking. With our advanced technologies we imagine that we know the way the world works, when, for the most part, we have forgotten how everything is connected.

Until we can relearn “a language older than words,” and once again engage in a healthy dialogue with nature and the cosmos, we will continue to be tricked by the less evolved aspects of ourselves. The more awareness we bring to this extremely complicated cognitive dissonance, the more possible it will be to achieve an ecologically, economically, and socially sustainable world. Continue reading

U.S. Not A Super Power And Not Credible Anymore [Video]

USAWatchdog  October 21 2013

Former World Bank lawyer Karen Hudes says the global opinion of America is tarnished.  Hudes contends, “Is the United States a credible super power?  The answer to that is ‘we are neither.’  We’re not a super power and we are not credible.”   Hudes goes on to warn, “The biggest game changer is something that people are just ignoring, and they ignore it at their peril, and that is the creation of a fourth credit rating agency. . . . If they do not get our act together, they will have no choice . . . We are losing our credit rating.”

Hudes, who is also a whistleblower, charges, “There is fraud and corruption from top to bottom in the financial system.”  As far as global central banks are concerned (including the Fed), Hudes claims, “The central bankers have a scam going on.  It’s a Ponzi scheme.  The citizens of the world are paying interest on their currencies. 

Continue reading

Everything Is A Ponzi Scheme And It Is Going To Collapse! [Video]

TruthNeverTold  October 8 2013