Governor Jerry Brown and his staff are exchanging high-fives over balancing California’s budget, but the people on whose backs it was balanced are not rejoicing. The state’s high-wire act has been called “the ultimate in austerity budgets.”
Welfare payments, health care for the poor, and benefits for the elderly and disabled have been slashed. State workers have been downsized. School districts in need of cash have been reduced to borrowing through “capital appreciation bonds” bearing 300% interest. In one notorious case, the Santa Ana school district actually borrowed at 1,000% interest. And the governor acknowledges that California still faces a “wall of debt” amounting to $28 billion. Some analysts put it much higher than that.
At the end of the 20th century, California was ranked the sixth largest economy in the world. By 2012, it had slipped to number twelve. It is coming back up, in part because European countries are falling further into recession; but California’s poverty rate remains the highest in the country. More than eight million Californians struggle to meet their daily needs, and one in four children lives in poverty. Income inequality is higher in the nation’s most populous state than in almost any other.
California cannot solve its budget problems by slashing services that have already been cut to the bone or raising sales taxes that hurt the poor far more than the rich. We are fighting over a pie that remains too small. The pie itself needs to be expanded – and it can be.
How? By reclaiming that portion that is now siphoned off in interest and bank fees. When tallied up at every stage of production, interest has been calculated to claim one-third of everything we buy.
How can that money be recaptured? By owning the bank.
The approach was pioneered in North Dakota, the only state to escape the 2008 banking crisis. North Dakota has the lowest unemployment rate in the country, the lowest foreclosure rate, the lowest default rate on credit card debt, and no state debt at all. It is also the only state to own its own bank….
The Fed’s policy of monetizing one trillion dollars of bonds annually put pressure on the US dollar, the value of which declined in terms of gold. When gold hit $1,900 per ounce in 2011, the Federal Reserve realized that $2,000 per ounce could have a psychological impact that would spread into the dollar’s exchange rate with other currencies, resulting in a run on the dollar as both foreign and domestic holders sold dollars to avoid the fall in value. Once this realization hit, the manipulation of the gold price moved beyond central bank leasing of gold to bullion dealers in order to create an artificial market supply to absorb demand that otherwise would have pushed gold prices higher.
The manipulation consists of the Fed using bullion banks as its agents to sell naked gold shorts in the New York Comex futures market. Short selling drives down the gold price, triggers stop-loss orders and margin calls, and scares participants out of the gold trusts. The bullion banks purchase the deserted shares and present them to the trusts for redemption in bullion. The bullion can then be sold in the London physical gold market, where the sales both ratify the lower price that short-selling achieved on the Comex floor and provide a supply of bullion to meet Asian demands for physical gold as opposed to paper claims on gold.
The evidence of gold price manipulation is clear. In this article we present evidence and describe the process. We conclude that ability to manipulate the gold price is disappearing as physical gold moves from New York and London to Asia, leaving the West with paper claims to gold that greatly exceed the available supply….
Writing for the Atlantic Council, a prominent think tank based in Washington DC, Harlan K. Ullman warns that an “extraordinary crisis” is needed to preserve the “new world order,” which is under threat of being derailed by non-state actors like Edward Snowden.
The Atlantic Council is considered to be a highly influential organization with close ties to major policy makers across the world. It’s headed up by Gen. Brent Scowcroft, former United States National Security Advisor under U.S. Presidents Gerald Ford and George H. W. Bush. Snowcroft has also advised President Barack Obama.
Harlan K. Ullman was the principal author of the “shock and awe” doctrine and is now Chairman of the Killowen Group which advises government leaders.
In an article entitled War on Terror Is not the Only Threat, Ullman asserts that, “tectonic changes are reshaping the international geostrategic system,” arguing that it’s not military superpowers like China but “non-state actors” like Edward Snowden, Bradley Manning and anonymous hackers who pose the biggest threat to the “365 year-old Westphalian system” because they are encouraging individuals to become self-empowered, eviscerating state control.
“Very few have taken note and fewer have acted on this realization,” notes Ullman, lamenting that “information revolution and instantaneous global communications” are thwarting the “new world order” announced by U.S. President George H.W. Bush more than two decades ago.
“Without an extraordinary crisis, little is likely to be done to reverse or limit the damage imposed by failed or failing governance,” writes Ullman, implying that only another 9/11-style cataclysm will enable the state to re-assert its dominance while “containing, reducing and eliminating the dangers posed by newly empowered non-state actors.”
Ullman concludes that the elimination of non-state actors and empowered individuals “must be done” in order to preserve the new world order. A summary of their material suggests that the Atlantic Council’s definition of a “new world order” is a global technocracy run by a fusion of big government and big business under which individuality is replaced by transhumanist singularity.
Ullman’s rhetoric sounds somewhat similar to that espoused by Trilateral Commission co-founder and regular Bilderberg attendee Zbigniew Brzezinski, who in 2010 told a Council on Foreign Relations meeting that a “global political awakening,” in combination with infighting amongst the elite, was threatening to derail the move towards a one world government.
Ullman’s implied call for an “extraordinary crisis” to reinvigorate support for state power and big government has eerie shades of the Project For a New American Century’s 1997 lament that “absent some catastrophic catalyzing event – like a new Pearl Harbor,” an expansion of U.S. militarism would have been impossible.
In 2012, Patrick Clawson, member of the influential pro-Israel Washington Institute for Near East Policy (WINEP) think tank, also suggested that the United States should launch a staged provocation to start a war with Iran.
Ullman’s concern over failing state institutions having their influence eroded by empowered individuals, primarily via the Internet, is yet another sign that the elite is panicking over the “global political awakening” that has most recently expressed itself via the actions of people like Edward Snowden, Julian Assange, Bradley Manning and their growing legion of supporters.
Unquestioned human perception eloquently explained in a few short minutes. Is our conditioned perception that far from reality? If so, it might be good to go deeper, beyond superficial appearances.
“There are more things in heaven and earth, Horatio,
than are dreamt of in your philosophy.”
“Seek and you will find. Ask and it will be given…
You will know the Truth and the Truth will make you free.”