False East/West Paradigm Hides The Rise Of Global Currency

Despite popular belief, very few things in our world are exactly what they seem. That which is painted as righteous is often evil. That which is painted as kind is often malicious. That which is painted as simple is often complex. That which is painted as complex often ends up being disturbingly two dimensional. Regardless, if a person is willing to look only at the immediate surface of a thing, he will never understand the content of the thing.

This fact is nowhere more evident than in the growing “tensions” between the elites of the West and the elites of the East over the crisis in Ukraine.

I am continually astonished at the refusal of many otherwise intelligent people to consider the evidence or even the possibility that there is, in reality, no fundamental political or philosophical conflict between the power brokers of the East and the West. As I outlined in great detail in Russia Is Dominated By Global Banks, Too, the truth is they are both working toward the same goal; and both ultimately benefit from an engineered and theatrical display of international brinksmanship.

Russia, like the United States, is utterly beholden to globalist financiers through organizations like the International Monetary Fund and the Bank for International Settlements. Russia’s global economic adviser in matters ranging from investment image to privatization is none other than Goldman Sachs.

Goldman Sachs has also worked closely with the Ukrainian government since 2011, and it started its advisory work with Ukraine for free. (Whenever Goldman Sachs does something for free, one should take special note.)  Banking elites have been working both sides of the fence during the Russia versus Ukraine charade.

Russia has continued to borrow billions of dollars from Western banks, including Deutsche Bank and Credit Suisse, year after year, proving that they are not averse in the slightest to working closely with “evil Western robber barons”.

Russian President Vladimir Putin meets with Mr. New-World-Order himself, Henry Kissinger, on a regular basis; and according to Putin’s press secretary, they are “old friends.” Putin’s meetings with Kissinger began almost immediately after he first took power in 2000.

Putin’s relationship with Kissinger has been so pronounced that the Russian Foreign Ministry gave Kissinger an honorary doctorate in diplomacy, and Putin placed Kissinger at the head of a bilateral “working group” — along with former KGB head and multilateralist (globalist) Gen. Yevgeny Primakov — dealing with foreign policy.

In more recent news, I would also remind pro-Putin cheerleaders that Putin and the Kremlin first pushed for the IMF to take control of the Ukrainian economy, and the IMF is now demanding that Ukraine fight Russia in exchange for financial support. This might seem like irony to more foolhardy observers; but to those who are aware of the false East/West paradigm, it is all the part of a greater plan for consolidation of power.

Clearly, Putin and Russia are just two more puppet pieces on the globalist chessboard, pitted against other puppets in the West in a grand theater designed to distract and divide the masses through chaos. As Kissinger points out, in crisis there is opportunity.

What is the goal? They’ve already told us, openly, on numerous occasions.

The first great prizes of the New World Order are a global currency and centralized economic control.  The elites are not satisfied with quiet dominance of individual economies.  They want complete political homogenization and the end of all sovereignty.  Period.  With a global currency in place, the steps towards global government become quick and small.

Heads of state from around the world, including Putin, as well as international bankers and IMF representatives have all publicly called for the IMF to take charge of the global economic system through its Special Drawing Rights currency program.

However, for the SDR to become a dominant currency, certain issues must be resolved. Here’s a short list.

The U.S. Dollar Must Fall

The dollar must lose its world reserve status, and most likely collapse in relative value, before the SDR can be elevated. This is where mainstream pundits lose track of the facts. For them, the dollar is an invincible monetary element, a currency product as infinite as time. Their normalcy bias prevents them from ever acknowledging the many weaknesses of the Federal Reserve note, including our country’s inability to ever service its more than $200 trillion debt. Others believe the dollar is the NWO currency, and that the globalists are somehow U.S.-centric. The evidence posted above suggests otherwise. Globalists have no loyalty to any nation or culture. Their only loyalty is to the progression of their own power. If sacrificing the dollar or the U.S. as a whole furthers that power, then they will have no problem cutting us loose like a rotting appendage.

A Liquidity Replacement Must Be Introduced

As my regular readers know, I have been covering China’s progression toward a decoupling from the U.S. economy for years. China, in my view, has always been the key to the elitist shift into a truly global currency mechanism. The primary argument in the mainstream against the idea of a dollar collapse is that there is no other currency with ample liquidity to take the dollar’s place. Well, in the past couple of years, this has changed.

China and the banks it controls have issued approximately $25 trillion in debt instruments and monetization. This is often referred to as a “debt bubble” created through panic and a weakness in China’s economy and a response to slowed quantitative easing in the United States.  I would take a slightly different position.  China began issuing Yuan denominated debt instruments in 2005, years before the mainstream had any inkling of the impending derivatives collapse.  From then up to today, there has been no practical purpose for China to produce these Yuan denominated equities and securities, unless their target has always been to expand the Yuan market in a covert way.

I would say that China’s monetization has been carefully and deliberately engineered in order to lay the foundation for a massive liquidity spike in the Yuan. The argument that China’s incredible debt generation is a sign of impending collapse may be misguided. U.S. debt, including unfunded liabilities, absolutely dwarfs China’s $25 trillion. China’s Yuan debt has barely had time to accrue concrete interest.  The U.S., on the other hand, is caught in an endless cycle of interest payments that are slowly but surely eating away the skeleton of our fiscal structure.  If any economy is on the verge of implosion, it is that of the United States, not of China.

The Chinese need exponential Yuan circulation. They do not want the Yuan to replace the dollar; instead, they are preparing it for induction into the IMF’s Special Drawing Rights basket.  With China set to become the world largest economy this year according to World Bank, their inclusion is assured. …

A Cover Event Must Be Created

The centralization of power is best achieved during moments of bewildering calamity. The conjuring of crises is one of the oldest methods of elitist dominance. Not only can they confuse and frighten the masses into malleability, but they can also ride to the public’s rescue as heroes and saviors later on. The Hegelian dialectic is the mainstay of tyrants.

The destruction of the dollar and the institution of a global economic bureaucracy are not actions that can be executed openly by international financiers. These events will coincide with extreme catastrophe, likely worse than the Great Depression era, with millions upon millions of people losing the ability to financially support themselves and their families. Crime, death and public discontent will surely follow. People will be looking for someone to blame. This is where the false East/West paradigm comes in.

It is widely expected that as sanctions snowball between Russia and the U.S. that the dollar will end up on the chopping block.  China has asserted its support for Russia in opposition to NATO interference in Ukraine.  The stage has been set.  I have warned for quite some time that the development of East/West tensions would be used as a cover for a collapse of the dollar system. I have warned that among the American media this collapse would be blamed on an Eastern dump of foreign exchange reserves and treasuries, resulting in a global domino-effect ending U.S. world reserve status. In turn, the international community would be conditioned to see this as the mere bumbling of a spoiled America gone power-mad, rather than the result of a covert program of economic destabilization. This might lead to all-out war or a fiscal firestorm that leaves much of the world crippled and desperate for aid.

In either case, the elitist plan is to use scapegoats and false enemies to draw our attention away from the real culprits: the international banks themselves. Make no mistake: This fight is not about President Barack Obama, it is not about Putin and it is not even about the Federal Reserve. These men are tools, errand boys, public mascots. Do not be fooled by the global stage play being perpetrated. Whatever happens in Ukraine and whatever happens between Russia, China and the West, there are only two real sides to this battle: the elitist establishment, and those who are smart enough to recognize their poison.

http://www.zerohedge.com/news/2014-05-07/guest-post-false-eastwest-paradigm-hides-rise-global-currency

Washington’s Soft Spot for Fascism

From Hitler’s Germany in the 1930’s to Kiev Today, the United States’ Disturbing Partnerships with Nazis.  

May 7, 2014 (Tony Cartalucci – NEO) – Among Washington’s most unsavory allies could be counted the unelected hereditary regime of Saudi Arabia, the homophobic, violent mobs of Thaksin Shinawatra in Thailand, and of course Al Qaeda who has been serving America’s geopolitical agenda since the 1980’s when it first gathered the sectarian extremists together as a mercenary army to fight the Soviet Union in Afghanistan. Today the global terror enterprise is fighting on NATO’s behalf in Libya, Syria, Egypt, and southern Russia. 
 
But there is one group in particular that special interests within the United States has coddled, before, during, and after World War II that is perhaps the most iconic villain of recent human history – Adolf Hitler’s Nazis. A long and checkered history entwines the United States with the Nazi regime, leading up to present day where the heirs of this toxic ideology are being provided political and material support in overrunning the Eastern European nation of Ukraine.
 
US Collaboration with Nazis Before and During World War 2 
 
Prior to WW2, many prominent American business owners and politicians were involved in the rise of Nazism. Fascist forces around the globe, not just Germany and Italy, gravitated around and contributed to the rise of Adolf Hitler. In the United States, no example of this is more notorious than that of Prescott Bush, farther to US President George H.W. Bush, and grandfather of US President George W. Bush. The Guardian in an article titled, “How Bush’s grandfather helped Hitler’s rise to power,” states:

George Bush’s grandfather, the late US senator Prescott Bush, was a director and shareholder of companies that profited from their involvement with the financial backers of Nazi Germany. 

The Guardian has obtained confirmation from newly discovered files in the US National Archives that a firm of which Prescott Bush was a director was involved with the financial architects of Nazism. 

His business dealings, which continued until his company’s assets were seized in 1942 under the Trading with the Enemy Act, has led more than 60 years later to a civil action for damages being brought in Germany against the Bush family by two former slave labourers at Auschwitz and to a hum of pre-election controversy.

Banker and politician Prescott Bush wasn’t the only prominent member of America’s monied elite to collaborate with Hitler’s Nazis. Chase Bank, controlled by the Rockefeller family, assisted Germany in the plundering of Jewish assets as well as with other financial services. The New York Daily News reported in an article titled, “Chase Banked on Nazis – Report,” that:

Chase National Bank the precursor of today’s Chase Manhattan Bank allegedly helped the Nazis plunder Jewish property in France during World War II, according to a published report. The New York-based bank controlled by the Rockefeller family closed Jewish accounts even before the Germans ordered them to do so and did business with the Nazis while they were sending Jews to the gas chambers, Newsweek magazine reports in this week’s edition. And while the U.S. was at war with the Nazis, Chase also apparently helped German banks do business with their overseas branches, the magazine reported. Chase Manhattan is now the largest bank company in the U.S. with more than $300 billion in assets.

The same report would astoundingly claim (emphasis added):

Recently declassified documents revealed that at least 300 U.S. companies continued doing business in Germany during the war, Newsweek reported. And subsidiaries of Ford and General Motors have been accused of forcing thousands of Jews, Poles and others to work as slave laborers.

Clearly before and during World War 2, a substantial representation of special interests within the United States chose opportunism over American values – aiding and abetting one of the worst purveyors of human misery in the 20th century. While some may claim that this was merely a handful of special interests within the US and did not represent the overall political agenda of America, it should be noted that many of these special interests were holding or influencing offices of power while collaborating with the Nazis, and continued to do so well after the war was over. Prescott Bush, for example, was a US Senator until 1963 and the Rockefeller family would fill positions as governors, senators, and even the US vice presidency.

Operation Paperclip 
After World War 2, the United States rushed to gather up Nazi intelligentsia to exploit their talent in America’s own bid for global hegemony. Operation Paperclip, as it was called, in many cases scooped up scientists and technicians who may have collaborated with the Nazis during the war, but did so with little other choice. Some escaped or tried to escape the Nazi regime at great personal risk. However, others, it turned out, played a much deeper role in Nazi Germany’s atrocities, and continued their dark deeds under covert programs within the US Central Intelligence Agency.  ….

Terrorist Government Aims at American Children

White House Counterterror Chief: “Confrontational” Children Could be Terrorists

White House counterterrorism and Homeland Security adviser Lisa Monaco gave a speech this week in which she urged parents to watch their children for signs of “confrontational” behavior which could be an indication of them becoming terrorists.

During the speech at at Harvard University’s John F. Kennedy School of Government on Tuesday night, Monaco, who replaced John Brennan last year in overseeing the executive branch’s homeland-security activities, said that parents need to be suspicious of “sudden personality changes in their children at home.”

“What kinds of behaviors are we talking about?” she asked. “For the most part, they’re not related directly to plotting attacks. They’re more subtle. For instance, parents might see sudden personality changes in their children at home—becoming confrontational.”

Monaco lamented the fact that, “The government is rarely in a position to observe these early signals,” encouraging parents to act as watchdogs to detect radicalization in line with President Obama’s goal of combating homegrown extremism.

Over the last decade, the federal government has broadened its definition of what constitutes potential terrorism to such a degree that the term has lost all meaning and is clearly being used as a political tool to demonize adversarial political activism.

Indeed, only yesterday Senator Harry Reid caused outrage when he labeled supporters of Nevada cattle rancher Cliven Bundy “domestic terrorists”.

Although such tactics pre-date the 2009 release of the MIAC report, the Missouri Information Analysis Center document was perhaps the most shocking in that it characterized a whole swathe of conservative Americans as domestic extremists, including Ron Paul supporters, people who own gold and people who display political bumper stickers.

Homeland Security study leaked in 2012 upped the ante even further, demonizing Americans who are “suspicious of centralized federal authority,” and “reverent of individual liberty” as “extreme right-wing” terrorists.

Lisa Monaco’s speech and the federal government’s track record in assailing both banal behavior and political activism as potential “terrorism” serves as a reminder that the war on terror has now been focused inwardly against innocent Americans, making it all the more harder to detect actual terrorists.

http://www.infowars.com/white-house-counterterror-chief-confrontational-children-could-be-terrorists/

Would confrontational children be more likely to be involved in state sponsored terrorism like 9/11, or be victims of it?   It seems to me the epidemics of autism and depression among children in this country are largely caused by state policies regarding vaccination, skinner-box “education”, the fake “drug war” and medically-mediated assaults on family bonding.   Does the government need protection from the kids or vice-versa?

How to Fix Income Inequality

1. Rather than add taxes to fund more social welfare–in effect, placing a Band-Aid over the tumor–let’s start by removing the source of rising inequality: the Federal Reserve. I laid out in detail how the Fed’s policies have enriched the top .1% at the expense of everyone else in Want to Reduce Income/Wealth Inequality? Abolish the Engine of Inequality, the Federal Reserve (January 28, 2014)

This boils down to the Cantillion Effect: new money is injected into the economy at specific points, creating winners and losers. Those with access to the new money (in the Federal Reserve’s policies, those with financial power) gain immensely and everyone far from the free-money spigot loses purchasing power.

There’s no mystery here: if trillions of dollars are available at near-zero interest rates to those at the top of the pyramid, they will benefit accordingly. …

2. Eliminate the 6.2% Social Security payroll tax paid by employees and employers, and print the money to pay Social Security benefits in the Treasury. I described this solution in How About Ending Social Security and Paying Retirees with Cash? (November 15, 2013).

The basic idea is this: rather than borrow money into existence via the Federal Reserve, abolish the Fed and print the new money directly. There is no interest to be paid on this new money, and so the financial parasites have nothing to gain from its creation.

This would wipe out the most regressive tax on the working poor, and benefit all employers. Each currently pay 6.2% of wages, so eliminating Social Security taxes would give every worker an immediate 6.2% raise and every employer a 6.2% reduction in labor overhead. (The 1.45% Medicare tax each pays would remain in place.)

The newly issued $800 billion a year would flow directly into tens of millions of individuals’ accounts, where the the majority of it will be spent in the real economy. …

3. Tax unearned income at much higher rates than earned income. The vast majority of the New Nobility’s income is unearned income from rents, interest, dividends and capital gains. Taxing unearned income is in effect a wealth tax because only those who own income-producing assets have unearned income.

It would be easy to set up a simple tiered tax structure that reduces income taxes for households with less than $250,000 annual earned income and offsets that reduction by raising the tax on unearned income above some level that enables small entrepreneurs and middle-class households to accumulate capital–for example, unearned income such as interest, dividends and capital gains would be taxed at the same rate as earned income up to $100,000 and then rises to much higher rates above that level. …

http://www.washingtonsblog.com/2014/04/want-fix-incomewealth-inequality-heres.html

Prominent Economists Call for End to Fractional Reserve Banking

Excessive leverage by the banks was one of the main causes of the Great Depression and of the 2008 financial crisis.

As such, lower levels of “fractional reserve banking” – i.e. how many dollars a bank lends out compared to the amount of deposits it has on hand – the more stable the economy will be.

But economist Steve Keen notes (citing Table 10 in Yueh-Yun C. OBrien, 2007. “Reserve Requirement Systems in OECD Countries”, Finance and Economics Discussion Series, Divisions of Research & Statistics and Monetary Affairs, Federal Reserve Board):

The US Federal Reserve sets a Required Reserve Ratio of 10%, but applies this only to deposits by individuals; banks have no reserve requirement at all for deposits by companies.

So huge swaths of loans are not subject to any reserve requirements.

Indeed, Ben Bernanke proposed the elimination of all reserve requirements for banks:

The Federal Reserve believes it is possible that, ultimately, its operating framework will allow the elimination of minimum reserve requirements, which impose costs and distortions on the banking system.

Economist Keen informs Washington’s Blog that about 6 OECD countries have already done away with reserve requirements altogether (Australia, Mexico,  Canada, New Zealand, Sweden and the UK).

But there is a growing recognition that this is going in the wrong direction, because fractional reserve banking can destabilize the economy (and credit can easily be created by the government itself.)

It was big news this week when one of the world’s most prominent economics writers – liberal economist Martin Wolf – advocated doing away with fractional reserve banking altogether… i.e. requiring that banks only loan out as much money as they actually have on hand in the form of customer deposits:

Printing counterfeit banknotes is illegal, but creating private money is not. The interdependence between the state and the businesses that can do this is the source of much of the instability of our economies. It could – and should – be terminated….

http://www.washingtonsblog.com/2014/04/conservative-economist-wants-basically-ban-banking.html

Bringing Demoncracy to Syria

Islamist militants from Syria’s opposition have cut off the water supply to most parts of the city of Aleppo by targeting pumping stations. The city has now been plunged into abject misery, as the government and NGOs race to find alternative sources.

More than two million people have been affected by the resulting water shortage after two pumping stations were shut down. Water has stopped flowing not only into government-held areas, as intended, but into practically every corner of Syria’s largest city, which is presently divided in two spheres of control.

Fighters of the Al-Nusra Front and related groups were interested in keeping the water flowing to east Aleppo and prevent it from flowing into the western parts, AFP reports. But the plan backfired, and now tons of water have been squandered irretrievably in the Quqayq river.

Both government media, and the pro-opposition Syrian Observatory for Human Rights are condemning the act and trading blame. The rebels say it was, in fact, a campaign by President Bashar Assad’s forces to bomb the water pumps. The Al-Nusra Front made no statements following the incident.

The misery is spreading, report various journalists on the scene.

In recent pictures from Aleppo, children can be seen scooping up water from puddles along the city’s roads, as others make use of jerry cans and various containers. …

http://rt.com/news/158868-aleppo-rebels-cut-water/