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The Firesale Begins: Tsipras Agrees To Sell Greek Assets

By Joshua Krause | Activist Post

Greek Prime Minister Alexis Tsipras and Warren Buffett

Greek Prime Minister Alexis Tsipras and Warren Buffett

It’s never been more obvious that Greece has been sold out to the banks. Like many countries before, their nation has been scheduled to endure poverty and chaos, followed by a firesale of their assets.

The latest evidence of their nation’s capture by the banks, is the selling of their numerous islands to wealthy buyers.

American business magnate, one of the world’s most successful investors, Warren Buffett has reportedly bought the Greek island of Agios Thomas for 15 mln euro, according to the website of the Greek newspaper Proto Thema and became yet another celebrity with his own piece of Greece.

The newspaper says the deal was made in partnership with Italian real estate magnate, millionaire Alessandro Proto.

The two men closed the deal for a reported 15 million euros last Thursday. The businessmen released a joint statement saying that they intended to invest in the island of Agios Thomas, also referred to as St. Thomas, located on the northwestern side of the island of Egina in the Saronic Gulf.

They plan to “build property in an effort to help the wider region develop.”

The island, 300 acres in size, was earlier available for sale over the internet at 15 million euro.

If confirmed, this is yet another purchase of a Greek island by a foreign celebrity. Earlier this week Hollywood star Johnny Depp purchased an uninhabited Greek island of Stroggilo for 4.2 mln euro.

Of course, the value of these islands is hardly enough to pay down their massive debt, and that’s kind of the point. When the banks own your country, they’re not interested in liberating you from your financial slavery. Before you ever get around to repaying those debts, or defaulting, they’ll use austerity to bring your country to the brink of chaos, and buy up everything for pennies on the dollar, and make a handsome profit as the country recovers on their terms.

Prime Minister Tsipras has sold out to these financial interests; and the firesale of all Greek assets, not just their paltry islands, is well on its way.

ATHENS – On July 12, the summit of eurozone leaders dictated its terms of surrender to Greek Prime Minister Alexis Tsipras, who, terrified by the alternatives, accepted all of them. One of those terms concerned the disposition of Greece’s remaining public assets. Eurozone leaders demanded that Greek public assets be transferred to a Treuhand-like fund – a fire-sale vehicle similar to the one used after the fall of the Berlin Wall to privatize quickly, at great financial loss, and with devastating effects on employment all of the vanishing East German state’s public property.

This Greek Treuhand would be based in – wait for it – Luxembourg, and would be run by an outfit overseen by Germany’s finance minister, Wolfgang Schäuble, the author of the scheme. It would complete the fire sales within three years. But, whereas the work of the original Treuhand was accompanied by massive West German investment in infrastructure and large-scale social transfers to the East German population, the people of Greece would receive no corresponding benefit of any sort.

This is how the sovereignty and prosperity of a nation is sucked away by the financial elites of the world. But Greece isn’t the only bank-owned nation. The USI (United States Incorporated) has been thoroughly captured by the banking class, and once its usefulness as a war-fighting machine is finished; austerity, riots, and firesales won’t be far behind.

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Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshua’s reports at Facebook or on his personal Twitter. Joshua’s website is Strange Danger.

This article may be re-posted in full with attribution.




The Federal Reserve is a Ponzi Scheme and Needs to Go!

The Federal Reserve is a Ponzi Scheme-compressed

By Alan R. Adaschik | Wake Up World

Most Americans are proud to be American and consider the United States to be the greatest nation in all of history, and there are many things we can point to which substantiates this belief. However, everything in life is transitory and when all is said and done, history will judge that instead of America being something special to be admired, Americans were suckers who fell hook line and sinker for the worst Ponzi Scheme the world has ever seen: the Federal Reserve Bank, more commonly known as the Fed.

Related Article: Fed Official Confesses Federal Reserve Rigged the Stock Market — Crash Certain

The original Ponzi scheme was a swindle which was conceived and run by an Italian immigrant named Charles Ponzi, who defrauded his investors out of millions of dollars during the 1920’s. The con, like most cons, is deceptively simple. Its perpetrator convinces his clients that he is a skillful investor or entrepreneur who will make them more money than they could possibly make investing elsewhere. Once people (suckers) are hooked and give their money to the perpetrator, instead of earning a return on their investment, they are paid what they believe are earnings from money that is conned from newer investors in the same scheme. The scheme functions smoothly for a while, but an increasing number of new investors are required to pay off the older investors and keep them at bay. Of course, in the long run, this is an impossible situation and eventually, the scheme collapses with those still in the game losing everything they invested.

Understanding the above, upon examination it becomes clear that the Federal Reserve Bank has many of the same characteristics as a Ponzi scheme.

First of all, like a Ponzi scheme, it began with a lie concocted solely to suck in its intended victims — the promise to regulate the US economy such that economic booms and busts would be eliminated. In truth the opposite has been the case since the passage of the Federal Reserve Act in 1913. In fact, the Fed actually played a role in bringing about the Depression of 1929 and the deep recession which presently grips the nation.

Secondly, similar to a Ponzi scheme, the Fed takes our money and gives us nothing in return. The money we give to the Fed is not earned for any service it provides, nor is there any reasonable justification for us to give it them. This is how the scheme came about:

“The goldsmiths were our first bankers. Goldsmiths worked with precious metals and… it was only natural for people to take their excess coins to the goldsmith for safe keeping. Upon so doing, the goldsmith would give them a written receipt for the amount of coins being stored. Soon people realized that instead of trading coins for the things they needed, they could trade the receipts instead. Thus paper currency was born…

“This rudimentary monetary system worked well in small agrarian economies, but as villages turned into towns and towns into cities, a need to borrow money developed and who was better positioned to loan money than the goldsmith. Not only did he have his own money, but he also held other people’s money which was sitting in his coffers doing nothing…

“It was a rare occurrence when someone retrieved all the coins they deposited… Therefore, if [the goldsmith] issued demand notes for more coins than he had, the chances are that he would always have sufficient money on hand to cover the notes which were redeemed by one or even several depositors… So our enterprising goldsmith went out on the limb and adopted this practice. Upon so doing, fractional banking was born. [source]

Finally, similar to a Ponzi scheme, the eventual collapse of our economy is inevitable and when it does, the people of this nation will lose, not just their investments, but everything. Presently, we are experiencing the beginnings of this collapse and despite what Washington and the media tell us about a recovery, none will ever come unless we get out from underthe Fed and its whirlpool of debt and inflation.

The Federal Reserve is a Ponzi Scheme - US Dollar

While the similarities between a Ponzi scheme and the Fed are such that it falls into the same category of crime, the truth of the matter is that the Fed is far more criminal and diabolical than a simple Ponzi scheme could ever be.

First of all, the victims of a Ponzi scheme are motivated by greed and make a deliberate choice to be a part of the scam. Instead, the Fed has victimized all citizens of this nation (and other Federal Reserve nations) and no one has been given any choice in the matter, because a gullible Congress decided the matter for us.

Furthermore, in a Ponzi scheme, victims lose their investments but are left with the money they did not invest, and this still has value. The Fed, however, keeps the money we give it, but because fiat money is a key element of the scam, it is continually being printed. As a result, the money we keep and save for ourselves loses value (to inflation) over time and will eventually be worth nothing. Thus, under the Fed, not only do we lose the money we give it, we eventually lose all the money we have. For example, the Federal Reserve Notes we have in our pocket today are worth 96% less in real value than those we had in 1913 when the Fed first came to power. If you had one-million dollars then, it is only worth forty-thousand dollars now. If, our government managed our economy instead of the Fed, not only would we be able to avoid the curse of inflation, but the income taxes we pay would be unnecessary.

The Federal Reserve Bank truly is a den of thieves and con artists who have stolen the wealth and prosperity of an entire nation. Our problem today is that their nefarious and diabolical scheme was legitimized by Congress in 1913 by passage of the Federal Reserve Act. This abominable act was a product of subterfuge and deception and every Congressman who voted for it did so in clear and flagrant violation of their oath of office.

Related Article: Century of Enslavement: The History of the Federal Reserve

The time has come for Congress to make amends for the crime it committed against the people of America, and this can only be accomplished by repealing the Federal Reserve Act and returning the power to create money to Congress, where it rightfully belongs. Furthermore, those presently participating in this diabolical scheme should be brought to justice and all debts (stolen money) owed these criminals should be declared null and void. Finally, the assets they obtained with our money should be confiscated. Only by taking these actions will America be able to avoid the horrible fate the Fed and their stooges in Congress have bestowed upon the American people.

The Federal Reserve is a Ponzi SchemeBut don’t hold your breath while waiting for any of the above to happen on its own. The huge amount of money the Fed has stolen has made these criminals rich beyond anyone’s ability to comprehend, and they use this money to corrupt whatever they touch. These ill gotten gains have enabled them to keep those we elect to office squarely under their thumbs.

An exception to this state of affairs was President John F. Kennedy who worked to reign in the Fed while he was in office. In June of 1963, President Kennedy signed Executive Order 11110, which authorized the United States Treasury to print Treasury notes in lieu of Federal Reserve notes thus returning the power to create to Congress as required by the United States Constitution. Unfortunately for America and its people, President Kennedy was murdered in November 1963. Immediately after the President’s assassination, the money issued in keeping with his still-standing Executive Order, was removed from circulation never to be seen again. (For more on this, please see: The Who, How and Why of the JFK Assassination – and Why It Still Matters.)

Related Article: Ron Paul: Federal Reserve Steals From the Poor and Gives to the Rich

There is another aspect to our present situation which also costs Americans dearly; The Fed has created an atmosphere of corruption throughout the nation which pervades all our most powerful institutions. The result of this is that men of integrity, who will not compromise themselves, never advance in the hierarchy of our governing institutions. The primary attribute looked for in those being considered for advancement is loyalty to the boss beyond all other considerations, including legalities and the public’s best interest. The higher one goes up the ladder in the public service, the truer this becomes. Our government is led by a criminal enterprise and because of this, it has become a criminal enterprise. Far too many government officials obtain wealth and position through illegal and dishonorable means. Those who are honest and aware of what is going on, look the other way because they know that doing otherwise will be the kiss of death to their careers. The inevitable result of this dismal organizational environment is that our government does almost nothing right anymore, no matter what resources are available. We only have to look to our war on terror, our war on drugs, how we protect our borders, military procurement, and how government contracts are issued and managed to understand the truth in this.

The Fed has turned our government into an ineffectual criminal nightmare and the cost we pay for this is huge. It’s time to repeal the Federal Reserve Act.

Read more great articles at Wake Up World.




Wells Fargo Admits to a Decade of Fraud and the Govt Does Nothing

Matt Agorist|TheFreeThoughtProject

Top megabank, Wells Fargo & Co just admitted to defrauding the United States government for nearly an entire decade, which subsequently led to the housing market collapse, and no one is going to be punished.

On Friday, the largest US mortgage lender and third-largest US bank admitted to deceiving the U.S. government into insuring thousands of risky mortgages.

According to the settlement, Wells Fargo “admits, acknowledges, and accepts responsibility” for having from 2001 to 2008 falsely certified that many of its home loans qualified for Federal Housing Administration insurance, reports Reuters.

Wells Fargo also admitted to having from 2002 to 2010 failed to file timely reports on several thousand loans that had material defects or were badly underwritten, a process that Kurt Lofrano, a former Wells Fargo vice president, was responsible for supervising.

 

The intentional deception by this corrupt bank led to an insurmountable debt liability for American taxpayers as the FHA was forced to pay out insurance claims on all the defective loans.

As Reuters reports, Friday’s settlement is a reproach for “years of reckless underwriting” at Wells Fargo, U.S. Attorney Preet Bharara in Manhattan said in a statement.

“While Wells Fargo enjoyed huge profits from its FHA loan business, the government was left holding the bag when the bad loans went bust,” Bharara added.

However, Bharara’s words ring hollow when looking at the bank’s punishment. For robbing the public through defrauding the US government, not one single Wells Fargo employee will face criminal charges. The bank was merely ordered to pay a $1.2 billion fine. This is hardly a slap on the wrist considering the turmoil that ensued from such criminal practices.

This punishment is also a kick in the teeth to the American public who are the ones who suffer most from these megabanks fleecing the country through irresponsible and fraudulent actions only to be ‘quantitatively eased’ back into profitable standing.

Franklin Codel, president of Wells Fargo Home Lending, in a statement, said the settlement “allows us to put the legal process behind us, and to focus our resources and energy on what we do best — serving the needs of the nation’s homeowners.”

Imagine for a moment that a rapist, responsible for raping thousands of women, was just let off with a fine and responded with a similar statement. Wells Fargo, who financially ‘raped’ the public for nearly a decade, is essentially saying, “I have been raping women for years, but we can put that behind us now and focus our energy on moving forward.” And the government thinks this is okay.

With their track record of letting megabanks run amok in the US, this settlement comes as no surprise.
Read more here.




You Can Help a Family Farmer Save His Farm, Here’s How

By Gary Grant | * I Am the Color of Change

 SeniorAfricanAmerican-680x380
Editor’s Note: Here is a pressing story, which began earlier this year. It has to do with a family farm, owned for 2 decades, and the family’s struggles to keep it as their business and home. You can help them to save it by taking a look at this article and becoming a mouse warrior by lending your name to the petition that has been set up for that purpose.

To: USDA Secretary of Agriculture Tom Vilsack

We understand the entire process that Farmer Eddie Wise endured with Farm Services Agency was and continues to be highly problematic and a potential threat to small and Black farmers everywhere. We, the undersigned, thus demand:
1. Return Farmer Eddie Wise and Dorothy Wise’s farm to them immediately.
2. Halt all proceedings around the auctioning of their farm (scheduled for April of this year).
3. Conduct a FULL independent investigation to uncover how Mr. Wise’s case escalated so rapidly and so unjustly and investigate how Mr. Wise was forcibly removed.
4. Ensure that all measures are taken to protect small farmers so no other farmer will be treated as violently, inhumanely and unjustly as Mr. Wise.

Why is this important?

We are very concerned what appears to be a glaring and very violent assault on small farmers, Black farmers, and the right to self-determination in this country, via the recent seizure of North Carolina Farmer Eddie Wise’s land. On Wednesday, January 20, 2016, around 7:30 a.m., at least fourteen (14) Federal Marshals in full military gear with full-scale military guns drawn, along with several county sheriff officers, descended on the 106 acre farm in Nash County, NC, and forcibly escorted Eddie Wise and his wife, who was still in bed and suffers from a debilitating medical condition, out of their home and off the land that they have owned for more than 20 years.

Reportedly, farmer Eddie Wise had been working on his loan with Farm Service Agency (FSA) until Farm Services Agent Paula F. Nicholls and Mike Huskie took over his case. Not soon after, Mr. Wise’s loan increased and sky rocketed to almost $60,000 more within only a month’s span of time, thus lending to an escalated foreclosure process and, the seizure of property and an incredible number of subsequent questions and outrage from people all across the country.

Mr. Wise and his wife Dorothy have suffered the height of indignity and racist degradation. This process is highly problematic and we see this seizure as a major threat to family farms nationwide.

Not only did the Federal Marshals render Eddie and Dorothy immediately homeless and landless, they did not allow them to take any of their belongings except the clothes on their backs. They also insisted on “securing” every firearm legally owned by Mr. Wise. Mr. Wise was in fear of his life and the life of his wife. “I believe if I had shown one ounce of resistance, the Federal Marshals would have killed me. I actually believe that’s what they came to do” said Mr. Wise, his eyes moist with tears.

Saving their land has been a long and exhaustive process for the Wise family. The ugliness of the one dimensional unfairness, racial characterization, and mental traps set for this family and thousands of other Black farmers by USDA, and a corrupt legal system, defy reason and logic. Black farmers are a racial minority and do not represent a large political power block, therefore they are unfairly treated like terrorized slave captives in their own country, a country they were vital in building.

MORE BACKGROUND ON FARMER EDDIE WISE:

1. In 1993 the Wises applied for a loan to purchase a 106-acre hog farm. Wise said that at first the FmHA (now FSA) County Loan Officer didn’t let him know that the farm had been “earmarked for minority farmers.” Then officials tried to reappraise the farm to increase the value, but the value actually dropped. Last, a White farmer who wanted the farm paid a Black woman to apply for him. She was one of the final two applicants whose names were drawn from a hat. “We won the draw,” Wise said.

Wise continued to face resistance from the county loan office, which is now demanding that he provide a production history going back five years and a production plan for the new farm.

2. Eddie and Dorothy Wise raise hogs on 106 acres near Whitakers, in east-central North Carolina. Eddie is a fourth-generation hog farmer but the first to own a farm; his father and grandfather were sharecroppers. During a 20 plus career in the military, and as an ROTC instructor at Howard and Georgetown Universities, Eddie raised hogs in his spare time. It was his dream to return home to North Carolina and farm full-time. When he retired from the Army in 1991 at the age of 48, that’s what he set out to do. Dorothy Wise grew up in Washington, D.C., but she too hoped to one day live on a farm. When she and Eddie met at Howard University in the 1980s and she discovered he was a farmer, it seemed that her wish had come true.

Still, it took the Wises five years, until 1996, to secure the loans they needed to buy their farm. They were repeatedly turned down by local government loan officers who, the Wises are convinced, did not want African-American farmers to succeed. It was only through determined effort and much research and legwork that the Wises were able to receive the financial help for which they qualified.

Prior to them being ordered off their property, the Wises had 250 hogs, which they raised from birth and would sell to a black-owned pork processor in the area. Eddie’s lean pork, raised without hormones or antibiotics, is sold at a premium in area supermarkets. Finding such a market niche is the only way the Wises can compete with the much-larger farms that mass-produce hogs for the large meatpacking companies.

[Read more here]

*Originally entitled: “Return North Carolina Farm Unjustly Seized Back to Black Farmer”

Robert O'Leary 150x150Robert O’Leary, JD BARA, has had an abiding interest in alternative health products & modalities since the early 1970’s & he has seen how they have made people go from lacking health to vibrant health. He became an attorney, singer-songwriter, martial artist & father along the way and brings that experience to his practice as a BioAcoustic Soundhealth Practitioner, under the tutelage of the award-winning founder of BioAcoustic Biology, Sharry Edwards, whose Institute of BioAcoustic Biology has now been serving clients for 30 years with a non-invasive & safe integrative modality that supports the body’s ability to self-heal using the power of the human voice. Robert brings this modality to serve clients in Greater Springfield (MA), New England & “virtually” the world, with his website. He can also be reached at romayasoundhealthandbeauty@gmail.

 




The Fed Chair Who Kept Yellen “Wolf!”

depression-era-family-in-tent

BY Jeff Berwick |Dollarvigilante

The meeting is over! The FOMC has spoken, and the reality has been recognized:  The US economy is a disaster and as a result gold will benefit as it always does from fiat’s misery.

Janet Yellen didn’t say that of course. She is trying to pretend that there is a “recovery” going on in the US economy.

Related Article: Economic Recovery? 13 Of The Biggest Retailers In America Are Closing Stores

But by backing off serial rate hikes, she made her and the Federal Reserve’s real feelings clear. The economy is not recovering. Jobs are not returning. Industry is not recovering. The only thing that is recovering is the price of gold against the dollar. The rest of the economy is in a recession verging on depression. In fact, “depression” is a better word. But mainstream’s presstitutes have been taught not to use it. Just the way they’ve been taught to cover these horrible FOMC meetings. Sonorous monetary and economic phrases are employed in their articles to ensure the results sound deeply thoughtful.

Actually, the entire process is ridiculous. Fed members look at falsified government numbers, white paper analyses based on those fake numbers and maybe an article or two – also unrepresentative of the truth – before making up their minds about the single, idiotic question that they have to decide. Up or down.

That’s basically what the fuss is about. Interest rates – higher or lower? Should they charge more or less for the fake fiat currency that banks issue when you come in to borrow some money?

Fundamentally, the system is corrupt. This small group of academics is simply fixing the price of credit and forcing people to pay an arbitrary number. But interest rates have a wider function than simply lining bankers’ pockets.

Interest rates govern the balance between the supply and demand for credit, which is funded by savings,  i.e., actual sacrifices in consumption. If consumers abstain from consumption they are freeing up real resources for reinvestment in various higher order stages (or lines) of capital goods production. This investment is the source of growth, and of the ability for a society to consume ever more on the whole. The central bank policy on the other hand tricks us into spending our wealth instead of creating more of it. It does this by obliterating the trade off between investment and consumption.

No need to sacrifice consumption, the central bank will fund investment by enabling and supporting fractional reserves instead. Nobody need save ever again! Obviously, aside from the strain on the fixed amount of resources (labor, fixed capital, equipment, etc.), much investment is wasted on projects that are never finished because when the banks stop issuing duplicate receipts on the existing pool of savings, i.e., when they stop inflating money, it is revealed that there are not enough savings to fund the plans and we have simply consumed our existing wealth.

Instead of several different interest rates determined democratically in the free market like the prices of most other goods, which optimizes their allocation, a small group of know-it-all bureaucrats force the markets, communist central planning style, to stop everything they are doing every couple of months while they weigh their political interests off against each other in a constant fight over control of the nation’s pool of wealth.

Price fixing never works, whether in credit or other goods.

It’s caught up to them now. They’ve printed and printed and created great asset bubbles but they have destroyed real economic capital in the process. They have tried to direct investment top down, with the printing press, effectively destroying the entire function of interest rates. It’s why we have recessions. The manipulation of interest rates.

Now, unsurprisingly, nobody wants interest rates to go up, even though if they don’t there will be hell to pay on the inflationary front. Nobody believes this right now but they will. Indeed, after years of asset inflation leaving equities, fixed income, and real estate assets over-valued almost everywhere (by most reasonable standards), the central banks find themselves in the familiar historical position where nobody wants them to raise rates.  At some point, the gap between the central bank’s bearish economic outlook and the market’s bullish valuation of stocks and bonds has to narrow.

That’s what the Fed is struggling with currently. That’s what is on the minds of central bankers around the world.

Related Article: New Bank Bail-In System Goes Into Effect In Europe Jan 1, 2016

And so… forbearance.

Yellen couldn’t hike. She couldn’t even announce more hikes. Instead, on Wednesday, Lyin’ Yellen announced that rates would stay the same, just as we said they would, and that the Fed wouldn’t be hiking anytime soon. She couldn’t even bring herself to read the lying script about the “economic recovery.”

There ain’t one. Instead, as we’ve mentioned numerous times before, gold is benefiting from the Fed’s reluctant economic honesty. Gold prices  spiked as soon as the announcement was made on Wednesday and  extended gains Thursday after it became clear that the Fed, far from initiating a series of rate hikes, was going to go out of its way to make sure that any hikes in 2016 would be few and far between. Say one or two at 25 basis points.  And I don’t think they will at all.  I said that after the last meeting.  I actually guaranteed they wouldn’t.  The next moves will be down and then negative… they just need to get cash out of circulation before going too heavily negative so you can’t take your money out of the bank.

Yellen’s statements dropped the dollar and sent crude oil over $40.00 a barrel. April Comex gold moved up toward $37.50 at $1,267.50 an ounce. May Comex silver up $0.501 at $15.72 an ounce.

Gold generally is on a tear, up some 16-percent plus in 2016. The golden bull is intact, even if the mainstream media never writes about it. We’ve been in a secular bull market cycle in the precious metals for about 15 years now, since 2000-2001. We’ve seen several short lived stock bull markets through that time period but they’ve always lapsed. This latest one will, too, because like all the others it is the result of Fed stimulation and not much else.

Related Article: Rigged Gold Price Distorts Perception of Economic Reality

In fact a study came out recently showing that something like 90 percent of the current stock market move was due to the Fed’s policy of low interest rates and liquidity.

READ THE REST OF THE ARTICLE HERE….




How to Be Your Own Banker – Part 1

By Karma Singh | Harmony Energy Consultants

banker laughing about inequality

What is a contract?

Now, I only know this because I had to take law as part of my professional qualifications in international trade and shipping. Our lecturer (back in 1976) was a slightly mad Welshman with a sense of humour similar to my own so I remember a lot of what he taught us.

A contract is NOT a piece of paper; it is an agreement to exchange goods or services.

Most commonly, one of the parties agrees to give the other a sum of money upon delivery of whatever it is that the other is offering (i.e. selling, usually). Most contracts are, in fact, never written down.

When you go into a baker’s and ask for a piece of cake, the baker asks for a sum of money in exchange and you get your wallet out. That is a contract enforceable at law.

Sometimes, when the parties wish to be very clear about exactly what is being “sold” and how much and when is to be paid then they may well put this in writing which they both sign. The document, however, is not the contract but evidence of an intent to contract. Note this well, both parties put their name to the contract, i.e. sign it – this is very important.

Now, when you go to a bank with the intent to borrow money, the contract bears only one name, i.e. only you sign the “loan agreement”. If you read it very, very carefully, you should perceive that the reason that the banker doesn’t sign it is because he/she is not a party to the contract – only you are. In the loan agreement, you promise to pay the banker a very large commission for arranging a loan. (When purchasing a house, for example, this can easily be twice the price of the house itself.) So who, then, is the other party to the contract? Who is “lending” you the money?

Well, you are!

The other party to the contract is your future self. This is why only you are empowered to sign the loan agreement.

Well, if this is so, how come the seller gets $60,000.00 you may well ask? The truth is that he doesn’t! What he gets is a promise from your banker to his banker to try to get the $60,000.00 for him. His banker uses this promise as though it were money and adds it to his own net assets. He, then, “creates” $60,000.00 out of thin air – the notorious “phantom money” – and gives the seller a credit line of $60,000.00.

So, a quick recap:
You “buy” a house for $60,000.00
You “borrow” this money from your future income.
You pay the banker $180,000.00 for arranging this loan.
The seller’s banker receives a promise from your banker to maybe, someday give him $60,000.00 from YOUR future income.
The seller’s banker uses this promise to create $60,000.00 of phantom money.
The seller gets a promise to make $60,000.00 credit available to him.
The seller can then give parts or all of this phantom money credit to other people from whom he is buying goods or services.

At no point in this process does any bank enter into any liability nor does any cash change hands!

It is only if the seller demands payment in cash that the banker has any liability to him.

At law, money on your bank “account” belongs not to you but to the banker! This follows a decision in the House of Lords in London in 1838 (I think) which was quickly followed by all other governments around the planet. It is only when you demand payment in cash that your banker has any liability to you. Until then you are, at best, an unsecured creditor, i.e. someone gambling at his/her own risk upon the integrity of a banker. Recent experience has shown very clearly that this is a very risky bet indeed but a gambler you are. That is your true status at law!

In order to eliminate all possible liability, bankers world-wide are presently trying to restrict you from demanding more than $5000.00 in cash. By 2018 they intend to eliminate all cash transactions thus turning their “business” from about 97% to 100% profit.

This is your present state of affairs.

[Read more here]

Originally entitled: “Being Your Own Banker – A Merlin’s Solution”

Robert O'Leary 150x150Robert O’Leary, JD BARA, has had an abiding interest in alternative health products & modalities since the early 1970’s & he has seen how they have made people go from lacking health to vibrant health. He became an attorney, singer-songwriter, martial artist & father along the way and brings that experience to his practice as a BioAcoustic Soundhealth Practitioner, under the tutelage of the award-winning founder of BioAcoustic Biology, Sharry Edwards, whose Institute of BioAcoustic Biology has now been serving clients for 30 years with a non-invasive & safe integrative modality that supports the body’s ability to self-heal using the power of the human voice. Robert brings this modality to serve clients in Greater Springfield (MA), New England & “virtually” the world, with his website. He can also be reached at romayasoundhealthandbeauty@gmail.




Bad Trade Deal Gets Worse

By Unattributed | Alliance for Natural Health

Stop-TPP

An underhanded maneuver could make the Trans-Pacific Partnership (TPP) even worse than it was originally. Action Alert!

The Electronic Frontier Foundation (EFF) picked up on an almost imperceptible but vitally important change in the TPP text.

It was widely understood that the text had been completed and finally made public after years of hyper-secrecy when we covered this late last year. According to the EFF, however, the final document has been going through a “legal scrubbing” phase in which lawyers, translators, and trade ministers go over the deal and ensure there are no “errors,” and that everything is legally consistent.

Briefly put, one word was changed (“paragraph” became “subparagraph”) in a section relating to copyright infringement. But this one-word substitution drastically changes the substance of the document. Before, the language exempted states from applying certain criminal penalties in cases of copyright infringement when there was no market or economic impact on the copyright holder. The one-word substitution now means that most criminal penalties in these cases must apply even if there was no discernible impact on the copyright holder.

This maneuver could have dire consequences, especially in how information gets around the Internet. Will articles with links to other content—like the kind contained in this newsletter—become illegal and subject to draconian criminal penalties? The ramifications of this sleight-of-hand trick could be far-reaching. Will links to other articles become illegal in the US because a foreign government could object to them under the trade agreement?

Especially troubling is the apparent lack of concern in the two major political parties and the mainstream media about this deal. The issue has been mostly ignored in the presidential campaign so far, and coverage in the media has been scant.

[Read more here]

Robert O'Leary 150x150

Robert O’Leary, JD BARA, has had an abiding interest in alternative health products & modalities since the early 1970’s & he has seen how they have made people go from lacking health to vibrant health. He became an attorney, singer-songwriter, martial artist & father along the way and brings that experience to his practice as a BioAcoustic Soundhealth Practitioner, under the tutelage of the award-winning founder of BioAcoustic Biology, Sharry Edwards, whose Institute of BioAcoustic Biology has now been serving clients for 30 years with a non-invasive & safe integrative modality that supports the body’s ability to self-heal using the power of the human voice. Robert brings this modality to serve clients in Greater Springfield (MA), New England & “virtually” the world, with his website. He can also be reached at romayasoundhealthandbeauty@gmail.




Half of Global Wealth Owned By the 1 Percent (Project Censored #1)

By  Izzy Michaelson, Inna Tounkel & Andy Lee Roth | Project Censored

The 1 Percent-680x380

In January 2015, Oxfam, an international nonprofit organization that aims to eliminate poverty, published a report stating that 1 percent of the global population will own more wealth than the rest of the 99 percent combined by 2016. The Oxfam report provided evidence that extreme inequality is not inevitable, but is, in fact, the result of political choices and economic policies established and maintained by the power elite, wealthy individuals whose strong influence keeps the status quo rigged in their own favor. In addition to reporting the latest figures on global economic inequality and its consequences, the Oxfam study outlined a nine-point plan that governments could adopt in creating new policies to address poverty and economic inequality.

According to the Oxfam report, the proportion of global wealth owned by the 1 percent has increased from 44 percent in 2009 to 48 percent in 2014 and is projected to reach 50 percent in 2016. In October 2014, a prior Oxfam report, “Even It Up: Time to End Extreme Poverty,” revealed that the number of billionaires worldwide had more than doubled since the 2009 financial crisis, showing that, although those at the top have recovered quickly, the vast majority of the world’s population are far from reaping the benefits of any recent economic recovery. Even more staggering, the world’s richest eighty-five people now hold the same amount of wealth as half the world’s poorest population. “Failure to tackle inequality will leave hundreds of millions trapped in poverty unnecessarily,” the report’s authors warned.

Through its reports and the “Even It Up” campaign, Oxfam described how to address economic inequality, identifying nine specific actions:

1. Make governments work for citizens and tackle extreme inequality.

2. Promote women’s economic equality and women’s rights.

3. Pay workers a living wage and close the gap created by skyrocketing executive rewards.

4. Share the tax burden fairly to level the playing field.

5. Close international tax loopholes and fill holes in tax governance.

6. Achieve universal free public services by 2020.

7. Change the global system for research and development and pricing of medicines so everyone has access to appropriate and affordable medicines.

8. Implement a universal social protection floor.

9. Target development finance at reducing inequality and poverty, and strengthening the compact between citizens and their government.

Oxfam calculated that taxing billionaires just 1.5 percent of their wealth “could raise $74 billion a year, enough to fill the annual gaps in funding needed to get every child into school and to deliver health services in the world’s poorest countries.”

Corporate coverage of the two Oxfam reports has been minimal in quantity and problematic in quality. A few corporate television networks, including CNN, CBS, MSNBC, ABC, FOX, and C-SPAN covered Oxfam’s January report, according to the TV News Archive. CNN had the most coverage with approximately seven broadcast segments from January 19 to 25, 2015. However, these stories aired between 2:00 and 3:00 a.m., far from primetime. Other coverage focused on Obama’s push for tax reform. CBS and MSNBC ran segments with this focus four times between 1:00 and 4:00 a.m., January 20–21, 2015, with the exception of one MSNBC story, broadcast on February 2, 2015, at 12:00 p.m. ABC covered the story once on January 19, 2015. FOX also covered the story once on January 19, 2015, questioning Oxfam’s motives for releasing the report just before the World Economic Forum in Davos, Switzerland.

[Read more here]

Originally entitled: “#1 Half of Global Wealth Owned by the 1 Percent”

Sources:

Larry Elliott and Ed Pilkington, “New Oxfam Report Says Half of Global Wealth Held by the 1%,” Guardian, January 19, 2015, https://www.theguardian.com/business/2015/jan/19/global-wealth-oxfam-inequality-davos-economic-summit-switzerland.

Sarah Dransfield, “Number of Billionaires Doubled Since Financial Crisis as Inequality Spirals Out of Control–Oxfam,” Oxfam, October 29, 2014, https://www.oxfam.org.uk/blogs/2014/10/number-of-billionaires-doubled-since-financial-crisis-as-inequality-spirals-out-of-control.

Samantha Cowan, “Every Kid on Earth Could Go to School If the World’s 1,646 Richest People Gave 1.5 Percent,” TakePart, November 3, 2014, https://www.takepart.com/article/2014/11/03/worlds-wealthiest.

Robert O'Leary 150x150Robert O’Leary, JD BARA, has had an abiding interest in alternative health products & modalities since the early 1970’s & he has seen how they have made people go from lacking health to vibrant health. He became an attorney, singer-songwriter, martial artist & father along the way and brings that experience to his practice as a BioAcoustic Soundhealth Practitioner, under the tutelage of the award-winning founder of BioAcoustic Biology, Sharry Edwards, whose Institute of BioAcoustic Biology has now been serving clients for 30 years with a non-invasive & safe integrative modality that supports the body’s ability to self-heal using the power of the human voice. Robert brings this modality to serve clients in Greater Springfield (MA), New England & “virtually” the world, with his website. He can also be reached at romayasoundhealthandbeauty@gmail.




New “Tech Tattoos” Tied to Medical and Banking Information

Tech Tatts

By Nicholas West |Activist Post

Apparently a tech company called Chaotic Moon is looking to take advantage of the 20% of humans who already have a proclivity toward tattoos. For the rest? An appeal to safety and security, of course, and an assurance that a future offering could be a “Band-Aid-like package.”

Chaotic Moon’s dual-purpose tattoo is comprised of electro conductive ink embedded with sensors and microchips. Here is the reasoning why this product is so desirable according to one of the developers, Eric Schneider, who mentions the banking aspect to CBSNewYork:

“We carry wallets around and they are so vulnerable (more vulnerable than millions of people getting hacked at once? – N.W.). With the tech tattoo you can carry all your information on your skin and when you want your credit card information or your ID, you can pull that up automatically through the system,” he said.

And the medical:

“Rather than going to the doctor once a year for your physical, this tech tattoo can be something you put on your body once a year and it monitors everything that they would do in a physical and it sends that to your doctor, and if there’s an issue they can call you,” Schneider said. “So the tech tattoos can really tie in everything into one package. It can look at early signs of fever, your vital signs, heart rate, everything it needs to look at to notify you that you’re getting sick or your child is getting sick.”

We already have seen an uptick in new biometric security measures being rolled out for policing, travel and banking. Much of these measures – as well as what is being planned by Chaotic Moon – are tied to a smartphone, which we have learned ad nauseum is anything but secure.
RELATED ARTICLE :Forget REAL ID — The Global Smart-ID is coming!

At the heart of developments like this is the concept of predictive modeling and, more specifically, the move toward predictive healthcare – either through chip implants or through smartphone/app connections that can monitor vital signs as well as mental health and transfer warnings to medical professionals.  The tech tattoo, according to Chaotic Moon, is “total integration.” 

Related  Article:Walmart Installs Obamacare RFID Chip Scanning Health Machines

For those who may doubt that this will ever become more than a novelty for tech-heads, Jon Rappoport has documented that Obamacare offers the framework to bring predictive medicine into a wider reality that very well could become a requirement.

Managed Care has published an article, “More Data in Health Care Will Enable Predictive Modeling Advances.”

Here are two key quotes:

“Predictive modeling (PM) has grown to be a linchpin of care management. Health plans, integrated delivery systems, and other health care organizations (HCOs) increasingly channel their patients to interventions based in part on what they deduce from predictive models that have traditionally been run against databases of administrative claims. In this arena, the Affordable Care Act (ACA) [Obamacare] is likely to exert a profound effect.”

“…a growing number of health care experts, including the Care Continuum Alliance, see predictive modeling as an opportunity to prevent [disease] complications, control [hospital] readmissions, generate more precise diagnoses and treatments, predict risk, and control costs for a more diverse array of population segments than previously attempted.”

It becomes an irresistible justification to cut costs and track enrollees in the new authoritarian healthcare system that is truly (micro)managed.

RELATED ARTICLE: ‘Minority Report’ Police State is Already Happening – Way Ahead of Schedule

Our tech-driven world has also trained the mass majority of us to elect convenience while ignoring the potential privacy risks. In fact, we ignore the privacy risks which are already documented. Each day brings a wave of stories about identity theft, hacks of software and hardware (like vehicles), government intrusion upon our personal data and security breaches of the promised unbreakable type.

We’ve also been sold the concept that tracking=security in our personal lives, with features like chip implants for pets and a range of tracking apps to ensure you never lose your children, as well as a range of wearables for entertainment and fitness tracking.

However, what at first seems sensible is moving down the slipperiest of slopes into areas most couldn’t have imagined. This is no longer the personal choice about how to apply tech to one’s own body or family, but is now becoming a system where government agencies take the role of parent, and we-the-people become children. Most troubling of all is that it likely will be mandated unless there is mass opposition.

READ THE ORIGINAL ARTICLE HERE AND Please take a look at the video following from Chaotic Moon and leave your comments …

You might also want to see the other healthcare and surveillance products that Chaotic Moon is developing at their YouTube channel

Image Credit: ChaoticMoon.com

 

 




Devastating Deflation and Depression – Repeat of 2008 – Predicted by Davos Billionaire

Soros in Davos GCN

By Jeff Berwick|The DollarVigilante

“We are repeating [the devastating deflation and depression of 2008],” Soros said during the World Economic Forum in Davos, Switzerland, in an interview with Bloomberg TV.  “The root cause of the crisis is different this time, however.  In 2008, it was the subprime crisis in America. This time, it is China and the deflationary forces it is transmitting to the rest of the world. “

In Davos, billionaires plot ways to consolidate power under one government, but in Acapulco Mexico, late in February, we will meet together to discuss how to create seven billion separate governments!

That’s what anarchy is all about, the ability of each individual to be in charge of his or her own life without predetermined restraints. If you injure  someone or damage something, you’re responsible. Otherwise, society has no claims on you, certainly none enforced by the power of the state. There is no state ….

That’s much different than Davos where hundreds of seriously wealthy control freaks are meeting together to figure out how to promote global government that will have a claim on each and every one of us. Don’t do what they tell you to do and you are fined, jailed or worse. That’s “civilization” – Davos style.

When they are not gathered together in fancy restaurants quaffing expensive wines and eating fine food, the old men (mostly men) of Davos are “brainstorming” new ways to confuse and frighten us.

The idea is that we are to be afflicted with worse and worse disasters and as a result, convinced to turn to them – the Davos conclave – for salvation and hope.

And this is surely the reason for Davos attendee and billionaire George Soros’s pronouncements regarding the world economy, which made news recently for the extent of their alarmism.

Soros and another Davos attendee, William White are warning we are on the cusp of collapse. You’d think they just discovered yesterday that bad things were about to happen.

Earlier this week we wrote about White, the former chief economist of the Bank for International Settlements, who labeled 2016 a debt Jubilee year and basically predicted the shattering of the world economy. You can read what we wrote here.

Now comes billionaire Soros claiming that “the world is running into something it doesn’t know how to handle.” His statements hit the wires around the world and resulted in a BusinessInsider post  profiling Soros’ “bearishness” with some choice quotes.

“We are repeating [2008],” Soros said during the World Economic Forum in Davos, Switzerland, in an interview with Bloomberg TV.  The root cause of the crisis is different this time, however.  In 2008, it was the subprime crisis in America. This time, it is China and the deflationary forces it is transmitting to the rest of the world. 

RELATED ARTICLE:Here’s Why the Global Elite Are Trying to Destroy the U.S. Dollar

There’s the same old bogeyman that they like to roll out. This time it is “China,” which we have recently explained is not the culprit for this coming mess… and “deflationary forces”.

They purposefully try to confuse people with inflation/deflation.  They want people to think the symptoms of inflation (rising prices) is inflation itself… and it happens inexplicably!  Inflation is the increase in the money supply (aka. money printing).  This causes prices to rise.  But the root-problem isn’t rising prices; the root-problem is the increase in the money supply by the central banks.

And, it’s the same for deflation.  When markets are blown up to bubble-like levels by money printing and then begin to fall, they call that “deflation” and say that is the problem.  It’s not. The problem is that the increase in the money supply will eventually create a bubble, which will eventually collapse.

But you will NEVER hear that from the old men muttering to each other in Davos. They don’t want you to know that THEIR actions create the market crashes that they are now grimly warning us about.

He goes on to add in another red herring, oil!

The issue is that China’s problems are being passed on to the rest of the world.  “It’s one of the sources of deflation,” Soros said.  “You’ve got basically three major root causes. One is China, the other is oil and raw material prices, and the third is competitive devaluation,” he added. “You have all three.”  

RELATED ARTICLE: What Really Happened to the Economy In 2015, And What Is Coming In 2016…

As we also explained earlier this week, the price of energy getting cheaper could not possibly destroy an economy.  How could it?

At Davos, they want to point the blame at everyone but the true culprit: themselves.  They are the true financial terrorists.  And what is the answer they will present to save the world?  You guessed it, print more money!

European stocks rebounded this week after the European Central Bank essentially said that is what they would do.  And, next week, the Federal Reserve meets to decide on how to manipulate the price of money (interest).  If they also become “dovish” – which is a funny word to describe manipulating interest rates lower and counterfeiting money – we could see a short-term rebound in the markets… but it won’t last.

This system is in collapse, and quite likely a planned collapse, to cause worldwide chaos in order for the elites to garner more power and control as a dumbed down and impoverished populace (dumbed down by government public education and impoverished by governments and central banks) clamor for someone to do something.

The truth of the matter is that the people of the world need to wake-up to this con game and stop supporting governments and central banks and move their assets into gold, silver and bitcoin.

RELATED ARTICLE: 14 Reasons Why The U.S. Economy’s Bubble Of False Prosperity May Be About To Burst

At Anarchapulco  and its sister conference. the TDV Internationalization and Investment Summit, we’ll be discussing these issues. …

READ THE REST OF THE ARTICLE HERE….

 




How Rockefeller’s Oil Industry Conquered Medicine, Finance & Agriculture

Dr. Joseph Mercola | HumansAreFree

“How Big Oil Conquered the World” is a brilliant piece of investigative journalism presented by James Corbett, revealing the immense extent to which the oil industry has shaped and is ruling the world as we know it.

“From farm to pharmaceutical, diesel truck to dinner plate, pipeline to plastic product, it is impossible to think of an area of our modern-day lives that is not affected by the petrochemical industry.

The story of oil is the story of the modern world. And this is the story of those who helped shape that world, and how the oil-igarchy they created is on the verge of monopolizing life itself.”

Corbett carefully details the sordid back story of today’s “oiligarchy.” While most people are well-acquainted with the Rockefeller name, few probably know the true history of the Rockefellers’ rise to power.

Big Oil — An Industry Founded on Treachery and Deceit

As noted by Corbett, certain details of the Big Oil story are well known. Others are more obscure. The story begins in rural New York state in the early 19th century, with William Avery Rockefeller, an authentic “snake oil salesman” going by the fictional name of “Dr. Bill Livingston.”

While neither a doctor nor a cancer specialist, Rockefeller, aka “Dr. Livingston,” aka “Devil Bill,” traveled the country’s back roads conning people into buying his “Rock Oil” tonic for cancer — “a useless mixture of laxative and petroleum that had no effect whatsoever,” according to Corbett.

William Avery Rockefeller fathered numerous children with three women, and took the name Livingston after being indicted for rape in 1849. One of those children was John D. Rockefeller, who became the world’s first billionaire after founding Standard Oil.

As noted by Corbett:

“When he wasn’t running away from them or disappearing for years at a time, [William Avery Rockefeller] would teach his children the tricks of his treacherous trade. He once bragged of his parenting technique: ‘I cheat my boys every chance I get. I want to make ’em sharp’…

“The world we live in today is the world created in ‘Devil’ Bill’s image. It’s a world founded on treachery, deceit, and the naïveté of a public that has never wised up to the parlor tricks that the Rockefellers and their ilk have been using to shape the world for the past century and a half.”

The Birth of the Oil Industry

Another character with a similarly dubious background is “Colonel” Edwin Drake, an unemployed railroad conductor who managed to secure himself a job with the Pennsylvania Rock Oil Company after running into the founders, George Bissell and James Townsend, at a hotel.

The title “Colonel” was bestowed on him by Bissell and Townsend, who thought it might help him “win the respect of the locals” as he went about the company’s business, collecting Seneca oil, which the company distilled into kerosene (lamp oil).

His mission was to collect enough Seneca oil to make the business profitable — a task that turned out to be more difficult than expected, as mere gallons could be collected using the standard collection methods.

Eventually, he tried drilling through the shale bedrock to reach greater reservoirs of oil, and on August 28, 1859 — literally the day he’d used up the last of his funds — the oil began to flow from the ground. And with that, a new industry was born.

It didn’t take long before homes and factories around the world were using lamp oil refined from crude, and prospectors from around the country flocked to Pennsylvania in search of the “black gold.”

Among them was John D. Rockefeller, a Cleveland bookkeeper who, according to Corbett, had two ambitions in life: “To make $100,000 and to live to 100 years old.” With a $1,000 loan from his father, “Devil Bill,” John D. Rockefeller set off to make his fortune.

The Standard Oil Monopoly

After a series of partnerships and mergers over a seven-year period, John D. Rockefeller eventually incorporated Standard Oil of Ohio in 1870.

According to the report:

“The next year, he quietly put what he called ‘our plan’ — his campaign to dominate the volatile oil industry — into devastating effect. Rockefeller knew that the refiner with the lowest transportation cost could bring rivals to their knees.

“He entered into a secret alliance with the railroads, called the South Improvement Company. In exchange for large, regular shipments, Rockefeller and his allies secured transport rates far lower than those of their bewildered competitors.

“Ida Tarbell, the daughter of an oil man, later remembered how men like her father struggled to make sense of events: ‘An uneasy rumor began running up and down the Oil Regions,’ she wrote.

“‘Freight rates were going up. … Moreover … all members of the South Improvement Company — a company unheard of until now — were exempt. … On every lip there was but one word and that was ‘conspiracy.'”

By the time he was 40, John D. Rockefeller controlled 90 percent of the global oil refineries. Within another few years (early 1880s), he also controlled 90 percent of the marketing of oil, and one-third of all oil wells. His power and influence cannot be overstated at this point.

He had an international monopoly on what was to become the most important commodity in the world economy.

Following in Rockefeller’s footsteps were a handful of other wealthy families, including the Nobels, theRothschilds, the Dutch Royal family, and millionaire William Knox D’arcy, who was the first to strike oil in Persia.

These early “oil barons” became enormously wealthy. And as billions of people became increasingly dependent on oil for virtually every aspect of life, they gained tremendous power and influence.

However, oil could have been replaced by other resources, were it not for the shrewd manipulation by these early “oiligarchs.”

Read the rest of the article here.




Bankers Increase War On Cash & Gold

no cashGCN

By Steve St. Angelo |SGTReport

There have been some recent changes on the COMEX in response to the Bankers “War on Cash.”  Last year, Chase Bank in the U.S. advised its clients who rent safe deposit boxes there would be some policy changes.  Some of these changes had to do with the storage of cash and coins.

According to The International Man article, The End of Safe Deposit Box For Wealth Storage:

Of particular interest is the following condition:

“Contents of box: You agree not to store any cash or coins other than those found to have a collectible value.”

Interesting. After all, cash and precious metals are traditional primary stores of wealth. Why single them out as no longer being acceptable?

When Chase refers to “Coins” they mean gold and silver bullion coins.  I would imagine they give a rats azz about someone who has a few rolls of quarters in their safe deposit box.  Also, individuals or the wealthy are no longer able to store some extra cash in their safety deposit boxes at Chase.

Related Article: Michael Pento: Most Dangerous Time-Since the History of Economics, Gold and Silver Update and More!

This has impacted many wealthy investors as they have been forced to move their gold and silver bullion out of safe deposit boxes at Chase and likely at other large financial institutions.  This has caused a new demand for storing cash and precious metals outside the banking industry.  WHY???

Changes On The COMEX From The War On Cash

I have been looking at updates on the COMEX gold and silver inventories for years.  However, I was surprised to see two new depositories added just recently.  Here is the COMEX Silver Inventory update on Jan 13th:

COMEX-Silver-Inventories-011316

I used this COMEX Silver Inventory update to also show the huge 3.1 million oz (Moz) single day withdrawal of silver.  As you can also see, there are two new Silver Depositories:

  1. International Depository Services of Delaware
  2. Macla-Amit USA LLC

If we go back to my last COMEX Silver Inventory update at the end of November 2015, we can see these two depositories were not yet added:

COMEX-Silver-Inventories-112515

I did a bit of research and found out the International Depository Services of Delaware is a subsidiary of Dillon Gage Metals.  This is interesting as Dillon Gage Metals is one of the dozen Authorized Purchasers of U.S. Mint Gold & Silver Eagles.  Basically, Dillon Gage is now offering a private vaulting storage away from banks, but is also Comex approved.

Related Article: This Is the Banksters Greatest Fear – Harley Schlanger on SGT Report

This is the same for Macla-Amit USA LLC.  These two new Comex approved precious metal vault facilities are offering storage services outside the typical Banking institutions. These two new depositories are also COMEX gold approved as well.

Related Article: The Secret of Iceland’s Miracle Economic Recovery: Jail Bankers, Let Banks Go Bust & No Bail-Out

While I realize many precious metal investors do not trust anything associated with the COMEX, wealthy investors who hold a great deal of gold and silver bullion need a place to store their metals outside the banking industry.  The “War on Cash” is now forcing wealthy investors to seek alternative places to store their precious metals.

Read the rest of the article here…




Switzerland Follows Iceland in Declaring War Against the Banksters

banker-monopoly-compressed

By Isaac Davis | Waking Times

If you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.”Josiah Stamp

Iceland has gained the admiration of populists in recent years by doing that which no other nation in the world seems to be willing or capable of doing: prosecuting criminal bankers for engineering financial collapse for profit.

Their effective revolt against the banking class, who drove the tiny nation into economic crisis in 2008, is the brightest example yet that the world does not have to be indebted in perpetuity to an austere and criminal wealthy elite. In 2015, 26 Icelandic bankers were sentenced to prison and the government ordered a bank sale to benefit the citizenry.

Related Article: Iceland’s Bankers Face 74 Years in Prison While US Banks Profit After Your Bailout

Inspired by Iceland’s progress, activists in Switzerland are now making an important stand againstthe banking cartels and have successfully petitioned to bring an initiative to public referendum that would attack the private banks where it matters most: their power to lend money they don’t actually have, and to create money out of thin air.

Switzerland will hold a referendum to decide whether to ban commercial banks from creating money.

The Swiss federal government confirmed on Thursday that it would hold a plebiscite, after more than 110,000 people signed a petition calling for the central bank to be given sole power to create money in the financial system.

The campaign – led by the Swiss Sovereign Money movement and known as the Vollgeld initiative – is designed to limit financial speculation by requiring private banks to hold 100pc reserves against their deposits.”  [The Telegraph]

Switzerland is in a key position to play a revolutionary role in changing how global banking functions. In addition to being the world’s safest harbor for storing wealth, it is also home to the Bank for International Settlements (BIS)a shadowy private company owned by many of the world’s central banks, and acting as a lender to the central banks. The BIS is the very heart of global reserve banking, the policy that enables banks to lend money that does not actually exist in their bank deposits, but is instead literally created electronically from nothing whenever a bank extends a line of credit.

Reserve banking is the policy that guarantees insurmountable debt as the outcome of all financial transactions.

The Sovereign Money initiative in Switzerland aims to curb financial speculation, which is the intended and inevitable result of reserve banking, the tool that makes financial adventurism possible by supplying the banks with endless quantities of fiat money.

Limiting a bank’s ability to produce money from nothing would be a direct blow to the roots of the banking cartel, and would cripple their ability to manipulate the world economy. Here’s how it works, in rather simplified terms:

“…if we had access to the same computer terminals the banks have, we could magic in or out of existence all the imaginary stuff we are trained to think of as important – money – in whatever quantities we liked.

Related Article: The Shadow War Between the Banking Cabal & Global Alliance is Escalating

This is how it works: when they print quite a lot of this stuff there is a boom. When they print too much of it, there is inflation (actually, the printing of money is inflation). When they stop printing it or simply hold on to it, there is a depression.” [Source]

In Switzerland, 90% of all money in circulation is electronic, and for this, The National Bank of Switzerland has become the direct target of the Sovereign Money Campaign. Swiss law has in the past required required banks to back all currency creation with collateral assets like physical silver or gold, however in recent decades the climate has changed, and, “due to the emergence of electronic payment transactions, banks have regained the opportunity to create their own money.”

The grass roots campaign said in a public statement regarding the intentions of the referendum, “banks won’t be able to create money for themselves any more, they’ll only be able to lend money that they have from savers or other banks.”

This is an interesting twist in the human saga of man vs. banks, and while it remains to be seen if the referendum passes or not, it must be pointed out that it does have its own problems, articulated by Sam Gerrans:

“… it does say that the central bank should be given sole right to create money. This would essentially leave the creation of money in the same hands as those who control the Federal Reserve or the Bank of England rather than allow them to farm out the process. But at least it shows that people are beginning to wake up to where the true power lies.

In the unlikely event that this grass-roots movement in Switzerland should get its way and its proposed legislation be enacted, and then begin to morph into something which really does threaten the banking elite, we must not be surprised if Switzerland is shortly discovered to be harboring weapons of mass destruction, or to have masterminded 9/11, or to be financing Islamic State.”

Part of the cultural conditioning of our time is an ingrained, pre-assumed dependency on sacred cow institutions like banking. Just like it is impossible for most Americans to envision a world without Democrats and Republicans, it is difficult for most people to imagine a world without predatory global banking.

Related Article: Banking Elite Laugh About Wealth Inequality (Watch Video)

Yet, there are a number of other possibilities for trading, storing wealth, and facilitating development in the world. This is not the only economic system we can imagine, and as Iceland has proven, people can regain control of their collective wealth, so perhaps this revolution will foment further in Switzerland, presenting a chance to at least bring greater awareness to the truth about central banking.

About the Author

Isaac Davis is an outspoken advocate of liberty and an honest society from the top down. He is a contributing writer for WakingTimes.com. Follow him on Facebook, here.

This article (Switzerland Follows Iceland in Declaring War Against the Banksters) was originally created and published by Waking Times and is published here under a Creative Commons license with attribution to Isaac Davis and WakingTimes.com. It may be re-posted freely with proper attribution, author bio, and this copyright statement.

Read more great articles at Waking Times.




Our Dystopian Economy: What the %@#! Is Going On?

Zen Gardner | HumansAreFree

What’s with this anything goes atmosphere we’ve been swept into when it comes to governmental, economic and societal behavior?

What happened? How did this darkened, backwards world become the “new normal” everyone seems to have accepted, with nary a whimper of complaint? Where did this come from, and in what world are we now living?

It’s very much like being in a well lit room when someone waltzes in and hits the dimmer, which before you know it has been gradually turned down to almost zero visibility.

And apparently the tables were turned when the lights went out.

Our Current Dystopian Nightmare

Governments do as they please without regard for due process of law or public opinion, never mind the consequences; bankers run roughshod over nations and populations with abject impunity, extorting everything they can get and then insist they get bailed out – and are; Wall Street and corporations openly cheat, steal and manipulate with complete abandon and in plain sight with zero accountability.

What happened?

There are no consequences for wrongdoings, no serious protests, logical investigations or punishment – no nothing. All while the whirled around us unravels before our eyes.

Now add to this dystopian nightmare militarized police and swat teams indiscriminately murdering innocent civilians without consequence; the environment getting trashed by geoengineering and radiation while the media and authorities won’t even acknowledge it is happening; and all the while psychopathic fascist war mongers murder millions in their march to conquer the world under the Orwellian banner of democracy and freedom supposedly against their own completely fabricated, amorphous threat of terrorism.

I know you’ve heard all this before but let’s get some context – the makeover of our planet is absolutely shocking when you stand back and see it for what it is.

They Operate in the Shadows

When the lights are out, elements operate “under the cover of darkness.” Ring a bell? Who works under those conditions? The word that comes to mind is “stealth”.

Wikipedia’s synonym entry says this about stealth:

synonyms: furtiveness, secretiveness, secrecy, surreptitiousness, sneakiness, slyness, covertness, stealthiness, clandestineness.

“What they could not accomplish by violence or chicanery they would have to accomplish by stealth”.

This is what we’re up against and the nature of the powers that shouldn’t be.

“Cui Bono” (Who Benefits) When the Lights Are Out?

I remember when one unlawful police shooting of a civilian was headlines and didn’t disappear until the culprit got his due. War crimes were top news until addressed.

The public wouldn’t have it otherwise. There was a moral backbone, however compromised or manipulated at the time. It was nothing like this surreal place we’re living in now.

Today? Outright torture is publicly justified, entire genocides don’t get reported, crooked bankers and financial scammers run free and collect bonuses, while homicidal police are put on “leave” at best.

Who did this? It’s pretty plain to see if you apply the same old trusty formula – cui bono? Who benefits? Well, the usual suspects who are riding herd on humanity.

Clever little bastards these psychopathic termites are. But we’re on to them.

This list is long how much things have changed for the worse. Of course we the people are being blamed as the problem – our CO2 emissions, bad consumer habits, terrorist like reactionary “Patriotic” sovereign leanings, voicing dissent, and objective journalism –  all are now “bad elements.”

That’s about as topsy-turvy as you can get.

 

Read the entire article here.

 




Is Israel’s Government Using Syrian War as Cover for an Illegal Land Grab?

By Jon Rappoport | * No More Fake News

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For decades, Israel has been searching for oil in its own lands, with the hope of gaining energy independence.

Recent reports from Genie, a US oil-exploration company, suggest oil has been found in Israel. Lots of it.

Cautionary statements from experts have followed: there is a difference between oil in the ground and oil that can be brought to the surface cost-effectively.

And as long as OPEC oil-exporting nations are setting a very low price per barrel, bringing Israeli oil to the surface would be more difficult, financially speaking.

The oil is actually in the Golan Heights, which was taken by Israel, from Syria, in the 1967 war. The ownership of the area is still contested. (Haaretz: “Genie Confirms Report of Possible Big Golan Oil Find,” Oct 11, 2015)

However, given the current war in Syria and the massive chaos there, Syria would certainly be less likely to challenge Israel’s oil claim with meaningful force. Is the Syrian-war escalation in part an effort to pave the way for Israeli oil?

If the initial celebratory announcements about how much oil is under the ground, in Golan, are correct, Israel could be looking at a long-sought, massive upswing in its domestic energy capability.

That’s not all. Genie, the US company that is doing the drilling-exploration in Golan, has some very interesting characters on its strategic advisory board—men who can exert influence on all sorts of geo-political operations.

For example, Rupert Murdoch; and Jacob Rothschild, the chairman of the Rothschild Foundation and the J Rothschild group of companies.

For example, ex-CIA director James Woolsey.

And Dick Cheney.

And Lawrence Summers, former president of Harvard University, former Secretary of the Treasury under Bill Clinton, director of the National Economic Council under Obama. (Will we see the involvement of the Harvard Endowment Fund in this Israeli oil operation?)

And Bill Richardson, former Secretary of Energy under Bill Clinton.

Who would obtain a license to bring up all this oil? Afek Israel Oil and Gas, which is a subsidiary of Genie, for whom the above-mentioned men serve as advisors. In fact, we have this from Genie’s website:

“Afek is characterizing a potentially significant oil and gas resource in Northern Israel pursuant to an exclusive, 3 year petroleum exploration license issued by the government of Israel.”

Mint Press News reports, in “Israel Takes Advantage Of Syrian Civil War To Expand Illegal Golan Heights Settlements,” Oct 13, 2015:

“Israel is taking advantage of the chaos in Syria to expand its illegal settlements in the Golan Heights, just as new oil reserves were discovered in the contested region… Now, Israel hopes to quintuple the size of its settlements over the next five years by adding an additional 100,000 settlers to the region. The plan was proposed by Naftali Bennett, a senior Israeli minister and member of the right-wing Jewish Home party, and, according to a report from The New York Times last week, Bennett is just one of ‘many Israeli leaders and thinkers seizing on the chaos in Syria to solidify Israel’s hold on the Golan.’”

[Read more here]

*Originally entitled: “Energy wars: ‘massive’ oil discovery in Israel”

Robert O'Leary 150x150

Robert O’Leary, JD BARA, has had an abiding interest in alternative health products & modalities since the early 1970’s & he has seen how they have made people go from lacking health to vibrant health. He became an attorney, singer-songwriter, martial artist & father along the way and brings that experience to his practice as a BioAcoustic Soundhealth Practitioner, under the tutelage of the award-winning founder of BioAcoustic Biology, Sharry Edwards, whose Institute of BioAcoustic Biology has now been serving clients for 30 years with a non-invasive & safe integrative modality that supports the body’s ability to self-heal using the power of the human voice. Robert brings this modality to serve clients in Greater Springfield (MA), New England & “virtually” the world, with his website, www.romayasoundhealthandbeauty.com. He can also be reached at romayasoundhealthandbeauty@gmail.com.