Governments Continue to Enrich Bankers and Cause Inflation

From MSNBC News: "BREAKING NEWS: Federal Reserve, other central banks make massive cash injection to fight credit crisis"

Ah, yes, the big crisis...requiring the Fed Govt, the Fed Reserve, and central banks in other countries to intervene in the marketplace. Central banks are ordering more cash (that doesn't exist), governments are printing it up (from thin air), and why? So it can be loaned out, thus enabling the banks to earn more interest.

The result will be: inflation of prices of goods and services in the marketplace.

According to the late Milton Friedman (Nobel Prize winner in Economics), the cause of inflation is strictly monetary. Higher prices do not cause inflation, they are a reflection of it. The cause of inflation (of prices) is the inflation of the money supply. The reason is because when the money supply is increased, the value of each unit (e.g., the dollar) goes down; it then takes more units to buy the same item as compared to before the increase in the money supply. A simple way to understand it is: if beaches were made of grains of gold instead of grains of sand, how much would an ounce of gold be worth? [Not much.] In other words, if gold were plentiful, the value of each ounce would be a lot less as compared to when it was not plentiful. Whenever the number of most anything is increased, the value of each unit decreases.

Will the super-rich be hurt by this forthcoming inflation of prices? Not really...not compared to the effect on the rest of us. Bankers, in particular, will just get richer. They now have a lot more nonexistent money to loan out at interest.

So, let's recap. Central banks (like the Fed Reserve) are ordering up nonexistent money from Government printing houses. Governments virtually are giving the money to the banks (they pay something like fifty cents for a $100-bill), so the banks can loan it out at interest. The resulting increase in the money supply causes the value of each dollar to go down, thus there is a de facto rise in prices of consumer goods and services. The super-rich don't mind because they're...well, super-rich. Besides, they sell (on a massive scale) the goods and services that will increase in price. The banks will make more loans and garner more interest. The rest of us suffer.

The Government and the Fed Reserve have resolved another crisis! Yippeekiiyay!

Isn't it obvious by now what's going on...and what part Uncle TOM (Tired Old Media) plays?

The Corporatocracy is on a Roll

Headline:

"Government seizes WaMu, sells some assets
Largest bank failure in U.S. history; JPMorgan buys $1.9 billion in assets"

JP Morgan [Chase], a major member of the Corporatocracy, has taken another step in its bid to become the world's most powerful bank. Prediction: it will be, if not the biggest, one of the biggest promoters of the move to a cashless society---digital money. Many people think, oh, that will be convenient; they don't stop to consider the dangers. No transaction (unless it's barter) will be private. The Government will have TOTAL access to your "money". Computer errors will be a nightmare. Your digital chip will not be in your control...e.g., if you're in a dispute with the IRS, your chip could just be turned off. [Yes, presently they can freeze your bank account; but some people now have cash squirreled away in safe deposit boxes, or home safes. That would no longer be an option in a cashless society.]

............................................................................

According to the late and eminent historian, Professor Carroll Quigley (Harvard and Georgetown University), the influential and respected Council on Foreign Relations (CFR) is a front for the JP Morgan Company. JP Morgan, also according to Quigley, is the Head of the Round Table Group in the United States. [A different bank is the Head of that Group in the UK.] The Round Table Group (again, according to Quigley), has as its primary purpose the establishment of a world government run by CEOs of multi-national companies. The goal of that unelected government is complete control of world economics and finance. That tends to explain JP Morgan's connection (if Quigley's research is accurate) to the CFR. The CFR is highly influential regarding actions of the World Bank, the acquisition and distribution of U.S. foreign aid, and loans to foreign governments.

............................................................................

All of the above, in my opinion, are incentives to ordinary folks to start accumulating something like silver. No matter what the Government designates as "money", be it paper subject to inflation or "digits", I imagine that many (probably most) businesses would still accept silver or silver certificates in transactions. So if your "chip" is turned off, or if there's a computer error saying you have no digits left, at least you'd still be able to buy groceries, gas, etc. for the period of time it takes to correct the problem.

..........................................................................

Just a few thoughts from an old hermit.

No More Politics!

Before leaving WA, I had decided that the late and eminent Professor Carroll Quigley was correct when he stated in his book, Tragedy and Hope, (somewhat paraphrased here) "The tragedy is that we no longer have a representative government in this country, and in most countries; the hope is that the little people will come to accept that...because there is nothing they can do about it." [emphasis added]. Quigley used the term "little people" because he considered himself in the company of the unelected elitists who control/influence our politicians. He was a respected macro-historian, Bill Clinton's mentor at Georgetown U., and in no way a "nut" or "conspiracy theorist". He called the dynamic group that actually runs this country the Roundtable Group. John Perkins, author of Confessions of an Economic Hit Man, calls the group the Corporatocracy.

I doubt seriously that most Republicans and most Democrats have read either of the books cited above...and if the authors are correct (personally, I believe they are), that means that the majority of voters in this country are completely unaware of the fact that it matters very little who gets elected in this country. The Corporatocracy controls 99% of our politicians. The unelected elitists who actually run things think way above concepts such as Repub v. Dem or Conservative v. Liberal. Those are Machiavellian tools used to control and placate the masses (Quigley's "little people"). And it works like a charm.

In the early '90s, David Rockefeller (a self-admitted member of the Corporatocracy) publicly disclosed all that I described above. He said that people were now sophisticated enough to understand the value of a world government run by corporatists...which is the goal of the Roundtable Group (or, Corporatocracy). The world government he envisions has nothing to do with the U.N., but would: 1) be for the good of the people (of course, sure, you bet); 2) would be run by unelected CEOs of multi-national companies; and, 3) would still retain the facade of individual countries and governments.

You may still have faith in the American system, but if Rockefeller, Quigley, and Perkins are correct (and I believe they are), then the American system no longer exists...it only appears to exist. Meanwhile, American voters are distracted by red herrings such as the battle of the Repubs v. the Dems, and the philosophical struggle of the Conservatives v. the Liberals.

I lay all this out not because I'm trying to convince you of its veracity, but rather because it explains why---after 52 years of being a keen observer of American politics---I'm no longer interested in American politics. [I say, "52 years" because my interest began with Mr. Benson's American Govt class in 1956. I proudly wore my "I Like Ike" button. :) ] The whole thing is a charade; the good news is that the charade is becoming more and more obvious.

Moving

I'm in the process of packing and moving out-of-State, so will be offline for awhile...perhaps as long as a few months.
Scott Haley

"The Plea"

This documentary by Frontline is absolutely devastating in its indictment of the court portion of our criminal justice system. It's in short (10-15 minute) segments, so if you can't spare the time for the whole thing, then try at least to view a couple of the segments.

Following are a few of the (paraphrased) statements by participating judges, lawyers, and law professors.
1. What people think happens in a court of criminal law does not even remotely resemble what actually does happen.
2. About 95% of felony convictions are obtained by plea bargains, regardless of guilt or innocence. Without this greasing of the wheels, the entire system would collapse. [Detailed examples are shown of individuals who basically were coerced into accepting pleas, even though they believed themselves to be innocent. What happens to some who don't accept a plea also is shown.]
3. The court system is a money-generating enterprise. [People who plea out wind up paying court costs, fines, probation fees, and more---even if the case is dismissed later---in the case of multiple defendants.]

http://www.pbs.org/wgbh/pages/frontline/shows/plea/view/

This is well worth the watch.

More on Secession

Below are more links dealing with secession. The first one, "The Logic of Secession" is superb. The last one provides a fairly comprehensive list of American separatist movements.

http://middleburyinstitute.org/thelogicofsecession.html

http://www.youtube.com/watch?v=rCkYCfeDM-I

http://middleburyinstitute.org/rightsandfreedoms.html

http://middleburyinstitute.org/registrynorthamericanseparatists.html

As the U.S. becomes more unsustainable politically, environmentally, and economically, and as it moves closer to the almost complete destruction of unalienable individual rights, more and more people may come to realize that peaceful secession indeed is a viable option.

There is nothing whatsoever unconstitutional, illegal, immoral, or unethical about peaceful secession. In fact, obviously it is a very American concept.

Extraordinary Rendition (ER)

This makes one wonder: how does ER compare to ordinary rendition? Not that it matters much.

I just finished watching the DVD movie, "Rendition"---well acted, well directed, thought-provoking, and a nice little twist to it. Of course, it was Hollywood fiction; however, there was a very interesting documentary in the "Special Features" section. The documentary detailed the cases of two Muslims, one a British citizen and one a German citizen. Devastating stories---both were kidnapped, flown to several overseas prisons (one after the other), and tortured---both physically and mentally. The German was finally released (after many months) in the middle of nowhere, in the dark of night, on foot. After about eighteen months, the Brit was sent to Gitmo where he still has not had a trial.

The longer fictional movie and the short documentary caused me to wonder what has happened to the ethics of ordinary citizens in all countries and the rule of law in general in this country... that we ordinary people allow our governments to kidnap and torture people (whether guilty or not) with barely a peep of protest.

ER is the forceful kidnapping and torture of SUSPECTS, without any regard to the rule of law. One can claim, and many do, that it is necessary for various reasons...and that it saves lives. In other words, a good end justifies the most foul means. That should never be the case, because if we make it so, then the rule of law is meaningless AND there is no end to the use of foul means. A truly civilized society would no longer exist.

Apparently we citizens of the U.S. allow the CIA to conduct ER for one (or more) of the following reasons:
1. we think it is necessary [thus implicitly agreeing that a good end justifies foul means, and that the rule of law sometimes needs to be set aside];
2. we think the victims of ER are guilty...of something...and so kidnapping and torture are justified [never mind that the victims have not been proven guilty in a court of law];
3. it isn't us being kidnapped, so we let it slide [and we cling to the belief that it could never happen to us...unless, of course, a genuine terrorist MISDIALS our phone number...or we know someone who knows someone else who knows still someone else who is a suspect];
4. we believe that there is little or nothing we can do to stop the practice [apparently disregarding the cases where massive protests and boycotts have in fact changed government policy].
5. [there is some other reason of which I am unaware].

Have we lost our minds? This country once stood foursquare against things that we (or more accurately, members of our govt) now do with little or no regret. If we do not have the rule of law, due process, and the guarantee of our day in court, then we truly have very little.

ER is an outrageous affront to a free society. We should be protesting en masse in the streets in every major city in the country. We should be on general strike...we should be shutting down the Fed Govt through boycotts. We should be standing up for the rule of law.

Instead, we let it pass. After all, we have jobs, families, lives to live. Sure, some of us send protest emails, or write letters to the editor, etc. That'll get 'em to stop. Or, we just don't care---it's not important to US as individuals.

[I think I know how McCain & Clinton feel about ER. I wonder how Obama feels about it?]

I find all this incredible. "God" help our children and grandchildren.

Just my opinion.