I love it, "... you’ll wait until Europe or some other force breaks the camel’s back and then declare, like the housing bubble, no one could have seen this coming."
Of course, he's constrained by the status quo. I agree with another recent blog that stated the 1% is the government, with their unfunded retirement entitlements. They'll have to throw the other 99% under the bus.
BERNANKE’S PINK SLIP « The Burning Platform
Tuesday, October 25, 2011
Thursday, October 20, 2011
Corruption in America meets the Light of Day
Today it appears the good guys are winning, two main financial stories involve BofA malfeasance being brought to light, from Reuters and Bloomberg, with commentary at Zero Hedge and Washington's Blog. There were a number of articles regarding the GAO report on the internal working on the Fed, one from Naked Capitalism which highlights the interconnection of those working at the Fed and banks receiving loans from the Fed. There were also articles outlining how Wall Street protestors should target the Fed and Bank of America over the transfer of derivative liabilities to the federally insured subsidiary from the non-insured entity.
Another article at Zero Hedge reports about the Massachusetts Supreme Court decision on Tuesday against the mortgage industry. It points out an interesting fact that 2/3 of all real estate transactions over the past five years were foreclosure related, the majority of those were cash deals. The article goes on the explain who is buying the property and how the middle class is being disenfranchised.
This ends one of two ways, in a society based upon individual freedom, or a police state based upon a totalitarian government. Until the fraud which caused the GFC of 2008 is prosecuted, and the TBTF elites are treated like the criminals they are, the protests on Wall Street and around the country, indeed, around the world, will continue. There are two many conflicts of interest, primarily in the US Congress for the current balance to be maintained. The federalists, central bankers, and globalists need to be thrown out of organized government, and held accountable for the ruin and destruction they've wrought world wide.
Another article at Zero Hedge reports about the Massachusetts Supreme Court decision on Tuesday against the mortgage industry. It points out an interesting fact that 2/3 of all real estate transactions over the past five years were foreclosure related, the majority of those were cash deals. The article goes on the explain who is buying the property and how the middle class is being disenfranchised.
This ends one of two ways, in a society based upon individual freedom, or a police state based upon a totalitarian government. Until the fraud which caused the GFC of 2008 is prosecuted, and the TBTF elites are treated like the criminals they are, the protests on Wall Street and around the country, indeed, around the world, will continue. There are two many conflicts of interest, primarily in the US Congress for the current balance to be maintained. The federalists, central bankers, and globalists need to be thrown out of organized government, and held accountable for the ruin and destruction they've wrought world wide.
Monday, October 17, 2011
America’s Wealth-Defined Society
I would expect the top 1% are now considering that it's not their responsibility to feed the bottom 19%. Food is cheap, but you don't give a man a fish, you teach him to fish and provide an opportunity to fish. This is an inalienable right endowed by our creator and set forth in the US Constitution, which in America means jobs.
Secondly, the system which allowed the top 1% to gain their wealth, and elect politicians sympathetic to their cause, promised a welfare state that the US is saddled with for the next 50 years. Certainly, welfare can be reformed, social security to a certain extent by providing means testing, but medicare costs will continue to rise.
Everyone must pay their fair share, which means corporations must shoulder the social costs required of every citizen, and the wealthy must pay a larger share of their income, which is a double hit to their bottom line, but that is fair.
Guest Post: America’s Wealth-Defined Society | ZeroHedge
Secondly, the system which allowed the top 1% to gain their wealth, and elect politicians sympathetic to their cause, promised a welfare state that the US is saddled with for the next 50 years. Certainly, welfare can be reformed, social security to a certain extent by providing means testing, but medicare costs will continue to rise.
Everyone must pay their fair share, which means corporations must shoulder the social costs required of every citizen, and the wealthy must pay a larger share of their income, which is a double hit to their bottom line, but that is fair.
Guest Post: America’s Wealth-Defined Society | ZeroHedge
Thursday, September 8, 2011
What's your plan.... - Part 7
The point was it was the Fed who enabled, the Administration who failed to oversee, and yes, the Uber Liberal Congress who encouraged and participated in the Ponzi scheme, in particular through Fannie Mae and Freddy Mac.
Next it was Bush who went along with TARP, schemed by the Fed, and Obama and Company, the Ultra Liberals who pursued the Stimulus Act, all the while we've fought wars on poverty, drugs, and terrorism to no avail, besides building the walls of our own prison. Corporations pay less and less in taxes and the deficit balloons.
The point is not to lay blame, only make an observation that it can't get much worse, with low employment rates, and ask how bad will it have to get before Americans revolt? Reagan talked the talk, but didn't walk the walk, cuts in corporate taxes weren't accompanied by corresponding cuts in spending. Wake up! My point certainly wasn't GWB caused anything, neither has Obama. They have either gone along, or encouraged and participated in it, along with Congress, the Fed and Wall Street. The question is, how do we right the Titanic? Who will stand up? It won't happen until a majority of Americans demand higher taxes for corporations and a balanced budget amendment. I've even suggested paying off the debt, but the worst thing we can do is cut spending before jobs are brought back onshore.
There it is, fact for fact. Do with it what you will, America.
What's your plan.... - Page 15
Next it was Bush who went along with TARP, schemed by the Fed, and Obama and Company, the Ultra Liberals who pursued the Stimulus Act, all the while we've fought wars on poverty, drugs, and terrorism to no avail, besides building the walls of our own prison. Corporations pay less and less in taxes and the deficit balloons.
The point is not to lay blame, only make an observation that it can't get much worse, with low employment rates, and ask how bad will it have to get before Americans revolt? Reagan talked the talk, but didn't walk the walk, cuts in corporate taxes weren't accompanied by corresponding cuts in spending. Wake up! My point certainly wasn't GWB caused anything, neither has Obama. They have either gone along, or encouraged and participated in it, along with Congress, the Fed and Wall Street. The question is, how do we right the Titanic? Who will stand up? It won't happen until a majority of Americans demand higher taxes for corporations and a balanced budget amendment. I've even suggested paying off the debt, but the worst thing we can do is cut spending before jobs are brought back onshore.
There it is, fact for fact. Do with it what you will, America.
What's your plan.... - Page 15
Tuesday, August 30, 2011
What's your plan.... - Part 6
[QUOTE=Ringo;224794][SIZE=3][FONT=Georgia]Big brother could care less about the small stuff.[/FONT][/SIZE][/QUOTE]
No doubt, however, wide scale civil unrest and economic collapse scenarios are part of the Pentagon's strategic planning. I have nothing to hide. There isn't anything that can be said on this forum that isn't already part of their planning. Yeah, they can trace IP addresses, etc, but they're after the guys printing their own money, and stuff that challenges their world system.
Remember how expensive long distance telephone service used to be? Well, back in the early days of silicon valley, those guys had a device that would basically steal long distance service by hacking the automated switches through the use of dial tones. Getting caught with one of the those devices was punishable by up to life in prison. For what, stealing long distance service?
Corporations own the government, and want to own us. Not unlike the leaders of the temple in Jesus' day, or the artisans in Ephesus who wanted to stone Paul for preaching God. Any challenge to their racket. Well, their racket is coming to an end, of their own doing. Yet, they would maintain status quo at any cost, including the starvation of whole populations of people.
This is what we'll be seeing over the next year, potentially here in the US. This is what the government is planning for, and every person should be planning for as well, being as self sufficient as possible. Buying a little extra food each week, rotating stock, and planning for the possibility of a disruption in the supply chain. Water filtration, home defense, and all of the things necessary to sustain life, should it become untenable to venture out to procure these items. I hope it doesn't come to that, but if it does, my guns are the only thing between me and being robbed and killed, so it's highly unlikely I would willingly give them up, any more than anything else I've gathered for my own survival.
My plan is to survive the first few weeks, or months of any civil unrest or economic collapse. In fact, an armed militia is a better defense against civil unrest than all the strategic planning in the Pentagon lumped together. Civil unrest is going to occur in pockets of poverty that were formed by the creation of the welfare state in the first place, and aren't going away until the welfare state ends, anyway. So, it's their problem, not mine from the start. With god's help, I'll take care of myself.
That's enough for today, cheers and god bless!
What's your plan.... - Page 11
No doubt, however, wide scale civil unrest and economic collapse scenarios are part of the Pentagon's strategic planning. I have nothing to hide. There isn't anything that can be said on this forum that isn't already part of their planning. Yeah, they can trace IP addresses, etc, but they're after the guys printing their own money, and stuff that challenges their world system.
Remember how expensive long distance telephone service used to be? Well, back in the early days of silicon valley, those guys had a device that would basically steal long distance service by hacking the automated switches through the use of dial tones. Getting caught with one of the those devices was punishable by up to life in prison. For what, stealing long distance service?
Corporations own the government, and want to own us. Not unlike the leaders of the temple in Jesus' day, or the artisans in Ephesus who wanted to stone Paul for preaching God. Any challenge to their racket. Well, their racket is coming to an end, of their own doing. Yet, they would maintain status quo at any cost, including the starvation of whole populations of people.
This is what we'll be seeing over the next year, potentially here in the US. This is what the government is planning for, and every person should be planning for as well, being as self sufficient as possible. Buying a little extra food each week, rotating stock, and planning for the possibility of a disruption in the supply chain. Water filtration, home defense, and all of the things necessary to sustain life, should it become untenable to venture out to procure these items. I hope it doesn't come to that, but if it does, my guns are the only thing between me and being robbed and killed, so it's highly unlikely I would willingly give them up, any more than anything else I've gathered for my own survival.
My plan is to survive the first few weeks, or months of any civil unrest or economic collapse. In fact, an armed militia is a better defense against civil unrest than all the strategic planning in the Pentagon lumped together. Civil unrest is going to occur in pockets of poverty that were formed by the creation of the welfare state in the first place, and aren't going away until the welfare state ends, anyway. So, it's their problem, not mine from the start. With god's help, I'll take care of myself.
That's enough for today, cheers and god bless!
What's your plan.... - Page 11
Sunday, August 28, 2011
What's your plan.... - Part 5
[QUOTE=Ringo;224069]Our hope is not in the second coming of Christ, but in the "blessed hope" referencing the Rapture.[/QUOTE]
I call it Hope, you call it Blessed Hope. I say second coming of Christ, you say Rapture. We're talking about the same thing.
I prefer to use words the way the bible using them, and in that respect, I do have my facts straight and thank you for the admonishment, lest we forget.
How does all of this apply to the original topic? Let's see, we all want to be on the side of righteousness and truth, right? Jesus says to render unto ceasar that which is due ceasar, and unto God the things that are of God. Disobeying an illegal order is the right thing to do, anyone would agree, so even where the government to attempt confiscation of personal property without due process, it would be illegal.
"As it is written,
"For your sake we are being killed all the day long;
we are regarded as sheep to be slaughtered."
No, in all these things we are more than conquerors through him who loved us." (Romans 8:36-37 ESV)
What a striking example Paul was to his followers. Jesus endured more than any man who ever lived, or ever will live. None of us has ever had to endure the kind of persecution which even Paul endured. Not is peacetime, anyway.
Yet, even the disciples of Christ were armed. Peter cut the ear off of one of the temple soldiers sent to arrest Jesus, and Jesus healed that man's ear.
We are not counted as sheep for the slaughter, but if we give up our arms, we would be. Therefore, I would consider it an act of civil disobedience to refuse to follow an unconstitutional order to surrender my firearms.
You've probably heard this story, Democracy is two wolves and a sheep voting on what to have for dinner. Freedom is a well armed sheep contesting the vote! Our system of government was formed to protect our freedom. If government fails, we can always form another one. If we lose our freedom, I suppose we could regain it, but at what cost?
The world doesn't owe anyone a living, yet there are those who feel entitled to what others have worked for. The time is coming when it will have to be taken by force, because no one is going to willingly hand over the fruits of their own labor, when they themselves need it to survive. It's not possible, mathematically anyway, for our government to meet all of it's obligations, and when it is no longer able, it will default on those obligations. So what, I don't depend on the government to survive. Yet many do, and more. There are many who depend on the government, and the force of government to not only survive, but enrich themselves, to the detrimenet of all.
With one five families on federal food assistance, our nation is in crisis. But, I don't hear Obama talking about what a disaster our economy has become, or talk about how to get people off food stamps. The answer is put them to work, but crony capitalism has sent our jobs overseas.
We need a president who will stand up to these idiots in Washington, who have screwed up a perfectly good country in the name of corporate profit. The last time I checked, the constitutional role of government was to promote the general welfare, not corporate profit. The pursuit of profit conflicts with general welfare, or wealth, by concentrating wealth in the hands of a few, not the more.
We need elected officials who will stand up to the corporate way of doing things, and call these wolves in sheep clothing out for what they are.
We need men and women to stand up for what is right, to offer a hand, not a hand out.
We need to return this country to the principles upon which is was founded, rugged individualism, not corporate elitism.
Do you want to know why the deficit is so high? In 1980, the year Ronald Reagan took office, corporations paid about half of the federal tax receipts. Since then, lobbyists have convinced Congress to reduce the amount of taxes they pay to about 5% of tax receipts. The rest is made up by deficit spending.
You can call the last 30 years the "Rise of the Corporation". Illuminists call it "the company", and the war of this century will be against such as these.
What's your plan.... - Page 10
I call it Hope, you call it Blessed Hope. I say second coming of Christ, you say Rapture. We're talking about the same thing.
I prefer to use words the way the bible using them, and in that respect, I do have my facts straight and thank you for the admonishment, lest we forget.
How does all of this apply to the original topic? Let's see, we all want to be on the side of righteousness and truth, right? Jesus says to render unto ceasar that which is due ceasar, and unto God the things that are of God. Disobeying an illegal order is the right thing to do, anyone would agree, so even where the government to attempt confiscation of personal property without due process, it would be illegal.
"As it is written,
"For your sake we are being killed all the day long;
we are regarded as sheep to be slaughtered."
No, in all these things we are more than conquerors through him who loved us." (Romans 8:36-37 ESV)
What a striking example Paul was to his followers. Jesus endured more than any man who ever lived, or ever will live. None of us has ever had to endure the kind of persecution which even Paul endured. Not is peacetime, anyway.
Yet, even the disciples of Christ were armed. Peter cut the ear off of one of the temple soldiers sent to arrest Jesus, and Jesus healed that man's ear.
We are not counted as sheep for the slaughter, but if we give up our arms, we would be. Therefore, I would consider it an act of civil disobedience to refuse to follow an unconstitutional order to surrender my firearms.
You've probably heard this story, Democracy is two wolves and a sheep voting on what to have for dinner. Freedom is a well armed sheep contesting the vote! Our system of government was formed to protect our freedom. If government fails, we can always form another one. If we lose our freedom, I suppose we could regain it, but at what cost?
The world doesn't owe anyone a living, yet there are those who feel entitled to what others have worked for. The time is coming when it will have to be taken by force, because no one is going to willingly hand over the fruits of their own labor, when they themselves need it to survive. It's not possible, mathematically anyway, for our government to meet all of it's obligations, and when it is no longer able, it will default on those obligations. So what, I don't depend on the government to survive. Yet many do, and more. There are many who depend on the government, and the force of government to not only survive, but enrich themselves, to the detrimenet of all.
With one five families on federal food assistance, our nation is in crisis. But, I don't hear Obama talking about what a disaster our economy has become, or talk about how to get people off food stamps. The answer is put them to work, but crony capitalism has sent our jobs overseas.
We need a president who will stand up to these idiots in Washington, who have screwed up a perfectly good country in the name of corporate profit. The last time I checked, the constitutional role of government was to promote the general welfare, not corporate profit. The pursuit of profit conflicts with general welfare, or wealth, by concentrating wealth in the hands of a few, not the more.
We need elected officials who will stand up to the corporate way of doing things, and call these wolves in sheep clothing out for what they are.
We need men and women to stand up for what is right, to offer a hand, not a hand out.
We need to return this country to the principles upon which is was founded, rugged individualism, not corporate elitism.
Do you want to know why the deficit is so high? In 1980, the year Ronald Reagan took office, corporations paid about half of the federal tax receipts. Since then, lobbyists have convinced Congress to reduce the amount of taxes they pay to about 5% of tax receipts. The rest is made up by deficit spending.
You can call the last 30 years the "Rise of the Corporation". Illuminists call it "the company", and the war of this century will be against such as these.
What's your plan.... - Page 10
Saturday, August 27, 2011
What's your plan.... - Part 4
I've recently stated to a colleague at work discussing preps, "I'm a christian first and foremost, and I hope that Christ returns before it gets too bad", only because if the Devil has his way, it will be hell.
The Devil knows the truth of God's word, he quoted God a number of times in tricking Eve and tempting Christ, the only two people to whom he's shown himself in person.
What doe's God say about the truth and devil? "Thou believest that God is one; thou doest well: the devils also believe, and shudder." (James 2:19 ESV)
You're correct that we live in a crooked and perverse generation (Acts 2:14) and that evil men will wax worse and worse in the last days (2 Tim 3:13), however, in the context of 2 Tim, God contrasts the characteristics of evil men, with that of men who believe God, "that the man of God may be competent, equipped for every good work." (2 Tim 3:17) and by contrast, overcome evil men.
There are many times, Jesus Christ himself said "fear not", so while I agree with you about what self professed Christians do, none of us is perfect. But, we have a perfect example in Christ, and we encourage one another to uphold the high standard and high calling of Christ.
We have the hope of the return of Christ, his second coming. In the meantime, I believe for the best and prepare for the worst, because, we don't know when Christ will return, but we know for a certainty he will, so does the Devil.
All of the events that are occurring, since just before 2000, with droughts, rolling brown outs, the dot com recession, just as we were beginning to recover from the recession, the 9/11 attacks (false flag?), 2008 global financial crisis, fukushima, earthquakes, tornadoes, hurricanes, all of these things, some man made, some not, I believe they are part of a conspiracy to destroy the truth, indeed as there has been since Lucifer rebelled in heaven, and that there is a main conspirator, the Devil.
It seems to me events are unfolding more quickly, facilitated by technology, however, the word of truth can be disseminated more quickly, as well. So, while it is a fact that we live in interesting times, and it can be fearful, we can take comfort in the 23rd Psalm, and a well built, American made, Smith and Wesson, Colt, Browning, or any of a host of reliable firarms, and the readiness, willingness, and ability to use them in defense of our families and loved ones. Let the enemy fear that.
What's your plan.... - Page 10
The Devil knows the truth of God's word, he quoted God a number of times in tricking Eve and tempting Christ, the only two people to whom he's shown himself in person.
What doe's God say about the truth and devil? "Thou believest that God is one; thou doest well: the devils also believe, and shudder." (James 2:19 ESV)
You're correct that we live in a crooked and perverse generation (Acts 2:14) and that evil men will wax worse and worse in the last days (2 Tim 3:13), however, in the context of 2 Tim, God contrasts the characteristics of evil men, with that of men who believe God, "that the man of God may be competent, equipped for every good work." (2 Tim 3:17) and by contrast, overcome evil men.
There are many times, Jesus Christ himself said "fear not", so while I agree with you about what self professed Christians do, none of us is perfect. But, we have a perfect example in Christ, and we encourage one another to uphold the high standard and high calling of Christ.
We have the hope of the return of Christ, his second coming. In the meantime, I believe for the best and prepare for the worst, because, we don't know when Christ will return, but we know for a certainty he will, so does the Devil.
All of the events that are occurring, since just before 2000, with droughts, rolling brown outs, the dot com recession, just as we were beginning to recover from the recession, the 9/11 attacks (false flag?), 2008 global financial crisis, fukushima, earthquakes, tornadoes, hurricanes, all of these things, some man made, some not, I believe they are part of a conspiracy to destroy the truth, indeed as there has been since Lucifer rebelled in heaven, and that there is a main conspirator, the Devil.
It seems to me events are unfolding more quickly, facilitated by technology, however, the word of truth can be disseminated more quickly, as well. So, while it is a fact that we live in interesting times, and it can be fearful, we can take comfort in the 23rd Psalm, and a well built, American made, Smith and Wesson, Colt, Browning, or any of a host of reliable firarms, and the readiness, willingness, and ability to use them in defense of our families and loved ones. Let the enemy fear that.
What's your plan.... - Page 10
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