Is the debt ceiling Debate (DCD) another bailout? Is it another scam, fraud or ponzi scheme? Does it allow the International Financial Cartel to continue giving record bonuses? Could it be the engine of hyper-inflation? Should the debate be about the debt ceiling or should it be about how the American Taxpayer Majority (ATM) will finally pay down the national debt? Could raising the debt ceiling be called another form of taxation? Could raising the debt ceiling be another bail of the International Financial Cartel (IFC)? Can ATM assume that they do not have to pay back the new debts accrued when lifting the national debt ceiling? Will ATM unilaterally default on the national debt by not paying their income tax? If everyone over eighteen in US of A paid taxes would taxes collected be enough to pay down the national debt? Has the debate shifted from pulling the wool over the ATM’s eyes to the new height for a debt that can never be repaid? Does ATM finally realize this congressional debate is another false flag operation called “Debt Ceiling Debate”? Can the Federal Reserve continue to inflate its currency and expect ATM to make a choice between food, shelter and energy or paying their fair share of an increasing debt? Could Chairman Benjamin Bernanke be right when he said gold is not money? Does the constitution speak of a Federal Reserve Note or gold and silver? Should the Federal Reserve System dictate what money is? After the last depression $1600 would purchased 45 ounces of gold. If gold and silver is not money than does the constitution matter anymore? If the constitution does not matter anymore, do the executive, congressional and judicial branches matter? If the U S Constitution does not matter, do our brave men and women fighting foreign wars have a mission with national interest? Thank you for your service.
Sunday, July 24, 2011
Tuesday, May 24, 2011
Predictions gone amok
Preacher is wrong again. He overlooked Friday July 15, 2011. On the July full moon there may be a massive tsunami, earthquake and disruption with global communications. The preacher is off by ten days for the month of October. On October 11, 2011 what happened in July will pale to the magnitude to the catastrophes that may take place. But the world still will not end. If the human family is wiped out life will continue without us. The universe is not dependent on us breathing. It’s the other way around.
Monday, May 23, 2011
Sports: Entertainment or Distraction?
Another interpretation of Ray Lewis's comment is people may begin to notice that their country is on the verge of collapse if there is no NFL season. The federal government has run amuck. Spending trillions of dollars taxpayers do not have. The executive, legislative and judicial branches of government are complicit in raiding the treasury till. If the amount of dollars in circulation were tied to the quantity of gold at Fort Knox the facility would need a major expansion. Taxpayer may notice the price of food, gas, clothes, shoe and heating fuel skyrocketing as the value of the dollar purchases less. People may notice that a two-bit-ragtag insurgent in Afghanistan has tied up the greatest military power for over eight years. Taxpayers may realize that in 2008 U S of A witnessed the largest bank heist known. It was global in scope and the victimized taxpayer was left holding a bag of toxic assets. No one has gone to jail because the criminal control the banks, government and the military.
Saturday, April 23, 2011
Energy Independence Obstructed
The obstacle is not the development of piezo-electric technology. Human being have the ability to perceive and achieve any idea. The problem is politics and economics. Will those that control a nineteenth century energy source allow us surfs to consume Gods gifts of free electric energy. Our universe is a giant energy generator. Yet we microbes on the outskirt of the Milky Way continue to kill for energy derived from oil.
Friday, February 18, 2011
Bailing Out Bailers
Now is a great time for an international corporate cartel (ICC) to demonstrate inclusiveness within their new world order. ICC’s new world order has turned capitalism upside down. Profits and losses are irrelevant, accepted accounting procedures have been trashed and truth in lending no longer applies.
Thousands of public workers in California, Illinois, Wisconsin and other states face adverse state budget cuts that will strip most public employees of nearly all of their collective negotiated gains. Do the governors of these states dare do the same to the pensions of law enforcement?
Yes if they are going to rely on their national guards to protect their bacons. Could public and private IRA’s and 401 K’s be in site of the cross hair? Budget cuts by state governments are only the tip of the iceberg. Stealthily moving through congress is a bill that will allow states to default and file for bankruptcy.
Currently state governments cannot seek protection under federal bankruptcy laws. Once states are able to go belly up an ICC negotiator will come in and offer government property at a discount to the very institutions receiving bailouts. These decisions are similar to medical decision implemented under the new Health Care law.
Home owners who were current on their mortgages should have been bailed out. International banks would have failed but home owners would realize trillions in home equity credit and simulated the economy. Instead The Taxpaying Majority (TTM) is bracing for QE 3 which will increase inflation around the world, continue to devalue all currencies.
Food, shelter, clothing and fuel will increase exponentially. Who is going to bail out the bailers? It’s the public employees; federal, state and local law enforcer including the taxpaying majority that guarantees the ICC bail out. What brought down the USSR were not a nuclear war but a sovereign bond debt crisis and an endless war in Afghanistan.
When it come to saving these TTM there is no one left. The game is up. TTM now owes and guarantees trillions of dollars to the very same ICC they saved from bankruptcy. What happened to the 1917 law which allows the federal government to confiscate the hoarding cash of the bailed out during a national emergency?
Thousands of public workers in California, Illinois, Wisconsin and other states face adverse state budget cuts that will strip most public employees of nearly all of their collective negotiated gains. Do the governors of these states dare do the same to the pensions of law enforcement?
Yes if they are going to rely on their national guards to protect their bacons. Could public and private IRA’s and 401 K’s be in site of the cross hair? Budget cuts by state governments are only the tip of the iceberg. Stealthily moving through congress is a bill that will allow states to default and file for bankruptcy.
Currently state governments cannot seek protection under federal bankruptcy laws. Once states are able to go belly up an ICC negotiator will come in and offer government property at a discount to the very institutions receiving bailouts. These decisions are similar to medical decision implemented under the new Health Care law.
Home owners who were current on their mortgages should have been bailed out. International banks would have failed but home owners would realize trillions in home equity credit and simulated the economy. Instead The Taxpaying Majority (TTM) is bracing for QE 3 which will increase inflation around the world, continue to devalue all currencies.
Food, shelter, clothing and fuel will increase exponentially. Who is going to bail out the bailers? It’s the public employees; federal, state and local law enforcer including the taxpaying majority that guarantees the ICC bail out. What brought down the USSR were not a nuclear war but a sovereign bond debt crisis and an endless war in Afghanistan.
When it come to saving these TTM there is no one left. The game is up. TTM now owes and guarantees trillions of dollars to the very same ICC they saved from bankruptcy. What happened to the 1917 law which allows the federal government to confiscate the hoarding cash of the bailed out during a national emergency?
Tuesday, December 7, 2010
Are You Serious?
Let’s see if I got this right? An international financial cartel (IFC) developed exotic financial instruments that are not examined, regulated nor understood by government authorities. IFC’s business model begins to implode because of a predictable design flaw. IFC agents in the executive, judicial and congressional branches of government go into action.
Their job is to convince the American taxpaying majority to accept liability for debt created by the IFC. First they create a story of how the global economy would have crashed in 2008 if they had not stopped a run on their banks. To date no one has been identified as the perpetrator of this run.
This bank run could be another J P Morgan fat finger script from the 1920’s. Next they threaten the taxpaying majority (TTM) with martial law if Americans did not guarantee a $23 trillion dollars plus largess. IFC cadres promise to repay TTM and turn the economy around.
IFC talks about fighting deflation even as they orchestrate an economic downturn. After IFC receives $350 billion it decides to keep the money instead of making loans. A lack of lending only makes the economic environment worst. IFC concocts a new scheme. Remember IFC is broke and the sovereign debt crisis is their way of getting bailed-out.
IFC an insolvent banking model that borrowed billions of dollars from TTM at 0.25% begins to purchase treasury securities while charging TTM interest at 3.25 %. How is this achieved? Through deficit spending. If the airport body scanner was the gas chambers of Auschwitz would you walk through?
Their job is to convince the American taxpaying majority to accept liability for debt created by the IFC. First they create a story of how the global economy would have crashed in 2008 if they had not stopped a run on their banks. To date no one has been identified as the perpetrator of this run.
This bank run could be another J P Morgan fat finger script from the 1920’s. Next they threaten the taxpaying majority (TTM) with martial law if Americans did not guarantee a $23 trillion dollars plus largess. IFC cadres promise to repay TTM and turn the economy around.
IFC talks about fighting deflation even as they orchestrate an economic downturn. After IFC receives $350 billion it decides to keep the money instead of making loans. A lack of lending only makes the economic environment worst. IFC concocts a new scheme. Remember IFC is broke and the sovereign debt crisis is their way of getting bailed-out.
IFC an insolvent banking model that borrowed billions of dollars from TTM at 0.25% begins to purchase treasury securities while charging TTM interest at 3.25 %. How is this achieved? Through deficit spending. If the airport body scanner was the gas chambers of Auschwitz would you walk through?
Monday, October 25, 2010
Ninja and derivatives
Ninja was able to acquire mortgages in the billions of dollars. Yet Ninja was only the fuse, the wick, the accelerant that started the fire. By acting as the igniter, Ninja has become the Osama Bin Laden of a global MBS industry. In 2005 the FBI raised concern about a massive mortgage fraud rolling down the housing industry path.
Teaser loans, liar loans, interest only loans or no income loans became legitimate lending transaction. Trying to protect Banks form their lack of fiduciary duty and due diligence will not solve a global financial fraud. Does a house foreclosed because of a fraudulent default by Ninja qualify as a clear title instrument held as a bank asset?
Does a bank have a right to sell a sliced and diced mortgage plus assign the new mortgage to another MBS? The great depression generation would say “You can’t have your cake and eat it too”. Bottom line is municipalities, pension fund and global investor were sold bonds that were created, designed and expected to implode.
In fact the chumps, suckers and bamboozled are those that are being penalized for doing the right thing by paying their property taxes.
Why would a lobbied, purchased and paid for congress encourage the housing industry a make loan to someone with no income, no job and no assets? The taxpaying majority (TTM) now realize the serious money is made when the mortgage is in default.
This is why does TTM own AIG. The big money is being made by those who took out insurance on an inevitable housing crash. Tranches were designed and sold according the length of time it would take Ninja to stop paying the mortgage. Is this another form of fraud, racketeering and theft? It’s no different from a hot water heater that breaks down one month after it warranty expires.
An appliance malfunction is scientifically and mathematically calculated base on stress, metal fatigue or chip design. Banks are foreclosing on properties that are underwater in value, marking them above market price and exchanging these toxic assets for treasuries. Qualified borrower might end purchasing property at inflated prices with a defected title.
Investment banks, title companies, rating agencies and insurance companies may be liable for breach of warranty representation in an MBS pool but TTM will pay the bill. The MBS debt could be as high as $40 trillion. When it comes to congress doing the biding of it master both political parties have no hesitation.
Congress passed legislation which grandfathers, circumvents and repeals title procedures regarding property. If a notary can sign and stamp a document before a borrower’s signature is penned on the agreement, notary guidelines been repealed. Does the current owner of a repossessed property continue paying down a mortgage on house where an illegal eviction took place?
Will banks once again become insolvent because MERS owes municipalities hundreds o f billions in deflating dollars. TTM have a clearer picture of a planned multi-decade scams that has left it holding a bag full of caca. The Federal Reserve chairman has not denied systematic weakness lead to improper foreclosures.
In other words some repossessed homes are now occupied by borrowers who legally could be trespassing. When the chairman of the Federal Reserve takes violations of proper procedures seriously it is an admission to deficiencies within a global MBS market. What the chairman did not acknowledge was the currency plunge that took place on 10/22/2010, Friday evening after markets closed.
Teaser loans, liar loans, interest only loans or no income loans became legitimate lending transaction. Trying to protect Banks form their lack of fiduciary duty and due diligence will not solve a global financial fraud. Does a house foreclosed because of a fraudulent default by Ninja qualify as a clear title instrument held as a bank asset?
Does a bank have a right to sell a sliced and diced mortgage plus assign the new mortgage to another MBS? The great depression generation would say “You can’t have your cake and eat it too”. Bottom line is municipalities, pension fund and global investor were sold bonds that were created, designed and expected to implode.
In fact the chumps, suckers and bamboozled are those that are being penalized for doing the right thing by paying their property taxes.
Why would a lobbied, purchased and paid for congress encourage the housing industry a make loan to someone with no income, no job and no assets? The taxpaying majority (TTM) now realize the serious money is made when the mortgage is in default.
This is why does TTM own AIG. The big money is being made by those who took out insurance on an inevitable housing crash. Tranches were designed and sold according the length of time it would take Ninja to stop paying the mortgage. Is this another form of fraud, racketeering and theft? It’s no different from a hot water heater that breaks down one month after it warranty expires.
An appliance malfunction is scientifically and mathematically calculated base on stress, metal fatigue or chip design. Banks are foreclosing on properties that are underwater in value, marking them above market price and exchanging these toxic assets for treasuries. Qualified borrower might end purchasing property at inflated prices with a defected title.
Investment banks, title companies, rating agencies and insurance companies may be liable for breach of warranty representation in an MBS pool but TTM will pay the bill. The MBS debt could be as high as $40 trillion. When it comes to congress doing the biding of it master both political parties have no hesitation.
Congress passed legislation which grandfathers, circumvents and repeals title procedures regarding property. If a notary can sign and stamp a document before a borrower’s signature is penned on the agreement, notary guidelines been repealed. Does the current owner of a repossessed property continue paying down a mortgage on house where an illegal eviction took place?
Will banks once again become insolvent because MERS owes municipalities hundreds o f billions in deflating dollars. TTM have a clearer picture of a planned multi-decade scams that has left it holding a bag full of caca. The Federal Reserve chairman has not denied systematic weakness lead to improper foreclosures.
In other words some repossessed homes are now occupied by borrowers who legally could be trespassing. When the chairman of the Federal Reserve takes violations of proper procedures seriously it is an admission to deficiencies within a global MBS market. What the chairman did not acknowledge was the currency plunge that took place on 10/22/2010, Friday evening after markets closed.
Monday, October 18, 2010
Rocks and Hard Places
The Taxpaying Majority (TTM) has not forgotten about those toxic assets the “To Big To Fail” exchanged for treasury instruments. Those toxic assets such as MBS, CDO, CDS and other forms of derivative were said to be worth pennies on the dollar and backed by the housing market.
Remember pennies are those ancient, barbaric relics that cost more to produce then what they are able to purchase. What can TTM buy with a penny, nothing? Toxic Assets (underwater homes mortgages) were swapped for the full faith and credit of the US Government instruments.
It was the sub-prime implosion that initiated the current financial crisis. Now that banks are assuming title to their toxic assets, will they be able to meet requirements set by Basel 3? Can municipalities expect property tax payments from TBTF?
If a private banking institution forecloses on a property will congress stop looking further into the racketeering, scams and fraud? It was not only banks that are party to a flawed document process. How can banks proceed with foreclosures when others involved in the document process may have committed fraud?
Flawed documents were submitted by rating agencies, realtors, mortgage brokers, lawyers, appraisers and other involved in the process. TTM has not forgotten about the traunches. Where a mortgage was chopped into piece, each piece was repackaged into a separate pool and sold as AAA paper.
Which part of the mortgage that was sold to the Fannie and Freddie does the bank own? Does the central bank FRS also need to get these toxic assets of it books in order to comply with Basel 3? Then there is Ninja with no income, no job, no assets or address. Check with FBI field agents who raised a red flag back in 2005.
It is only through a conquered, captured and controlled government such a massive treasury heist continues to take place. TTM realizes that all three branches of government have abandon their fiduciary duty and capitulated, compromised and cede to an International Financial Cartel (IFC).
Remember pennies are those ancient, barbaric relics that cost more to produce then what they are able to purchase. What can TTM buy with a penny, nothing? Toxic Assets (underwater homes mortgages) were swapped for the full faith and credit of the US Government instruments.
It was the sub-prime implosion that initiated the current financial crisis. Now that banks are assuming title to their toxic assets, will they be able to meet requirements set by Basel 3? Can municipalities expect property tax payments from TBTF?
If a private banking institution forecloses on a property will congress stop looking further into the racketeering, scams and fraud? It was not only banks that are party to a flawed document process. How can banks proceed with foreclosures when others involved in the document process may have committed fraud?
Flawed documents were submitted by rating agencies, realtors, mortgage brokers, lawyers, appraisers and other involved in the process. TTM has not forgotten about the traunches. Where a mortgage was chopped into piece, each piece was repackaged into a separate pool and sold as AAA paper.
Which part of the mortgage that was sold to the Fannie and Freddie does the bank own? Does the central bank FRS also need to get these toxic assets of it books in order to comply with Basel 3? Then there is Ninja with no income, no job, no assets or address. Check with FBI field agents who raised a red flag back in 2005.
It is only through a conquered, captured and controlled government such a massive treasury heist continues to take place. TTM realizes that all three branches of government have abandon their fiduciary duty and capitulated, compromised and cede to an International Financial Cartel (IFC).
Sunday, October 10, 2010
The Greatest Threat
US military might is watched globally with shock and awe. The US military which can deploy assets on, under and above any surface on the planet has encountered an enemy with a Dooms Day Weapon (DDW). This DDW is another ancient, barbaric relic which once again has been summoned from the abyss.
Use of this DDW could be why the US forces find itself bogged down in a protracted engagement in the Middle East? What type of enemy assets is the US military encountering on the battlefield? No air power, no space weapons or sea power only an occasional IED and thousands of AK 47s. God bless the US bravest and finest for their sacrifices.
Al Qaeda, Taliban, Terrorism or Islamic extremist have no military equivalent to US weaponry. So what is the DDW supporting a ragtag battlefield opponent? Who is the power behind terrorism? Who is laundering money for the enemy? How is the enemy able to keep the deception, distraction and delusion going?
First they must capture, control and compromise western governments into doing their bid. Western Governments that have been infiltrated by treasonous, unpatriotic agents involved in a global ponzi scheme. This is probably how an International Financial Cartel (IFC) reinvented the ultimate weapon that has bought down many western powers.
The IFC profits from the illusion of fiat deficit spending and perpetuates the myth of the necessity of all forms of income tax confiscation. Dropping fiat currencies from black helicopter (QE2) is not the same as the taxpaying majority (TTM) depositing money into banks that make loans to entrepreneurs.
Deficit spending is proving to be the Greatest Threat and ultimate DDW to the U S of A, the taxpaying majority and its military service personnel
Use of this DDW could be why the US forces find itself bogged down in a protracted engagement in the Middle East? What type of enemy assets is the US military encountering on the battlefield? No air power, no space weapons or sea power only an occasional IED and thousands of AK 47s. God bless the US bravest and finest for their sacrifices.
Al Qaeda, Taliban, Terrorism or Islamic extremist have no military equivalent to US weaponry. So what is the DDW supporting a ragtag battlefield opponent? Who is the power behind terrorism? Who is laundering money for the enemy? How is the enemy able to keep the deception, distraction and delusion going?
First they must capture, control and compromise western governments into doing their bid. Western Governments that have been infiltrated by treasonous, unpatriotic agents involved in a global ponzi scheme. This is probably how an International Financial Cartel (IFC) reinvented the ultimate weapon that has bought down many western powers.
The IFC profits from the illusion of fiat deficit spending and perpetuates the myth of the necessity of all forms of income tax confiscation. Dropping fiat currencies from black helicopter (QE2) is not the same as the taxpaying majority (TTM) depositing money into banks that make loans to entrepreneurs.
Deficit spending is proving to be the Greatest Threat and ultimate DDW to the U S of A, the taxpaying majority and its military service personnel
Saturday, September 18, 2010
Deflation Begets Hyperinflation
The taxpaying majority (TTM) are about to experience the endgame of a deflationary fiat currency. In the future a shopping cart of fiat dollars used to purchase a grocery bag of food is not only deflationary but exemplifies hyperinflation. TTM may ask how a thousand fold increases in the amount of dollars needed to make such a purchase be deflationary and hyper inflationary.
Because TTM’s currency is tied to lobbying and purchasing a capitulated, captured and controlled government it is easy to become conned by this deflationary sleight of hand. TTM must remember that the purchasing power of their currency is being exterminated with extreme prejudice every time government deficit spends, prints dollars and abuses its credit line beyond what is needed to continue governance.
Deficit printing and borrowing dollars only acerbates and delays a day of reckoning when hyperinflation will come roaring to life. As the purchasing power of the dollar deflates prices will have to decrease to fight of hyperinflation. One way of keeping prices down is by lying off more employees. At the same time the equities stock market experiences inflation by computerized front running deep pool HFT as synthetic profits yield obscene commissions and bonuses in a 21% unemployment environment.
TTM is no longer able to borrow a half a million dollars to purchase a price depreciating, deflating housing asset through undisciplined, unregulated and abusive debt financing because of a collapsing credit market. Therefore the price of housing will continue to fall until an acceptable universal accounting, rating and leveraging system is reestablished.
Meanwhile inside the Euro zone Greek interest rates inflate as global investors prepare to pour monies into a illusionary secure deflating interest rate in US Treasuries. The bottom of a deflating credit market must include an unwinding of a $1.5 quadrillion derivatives market. The credit market collapse continues to fuel the current deflationary recession.
As banks hoard monies acquired through a false flag financial operation they prohibit the expansion of credit which is one essential ingredient required to inflate the economy out of the current recession.
Because TTM’s currency is tied to lobbying and purchasing a capitulated, captured and controlled government it is easy to become conned by this deflationary sleight of hand. TTM must remember that the purchasing power of their currency is being exterminated with extreme prejudice every time government deficit spends, prints dollars and abuses its credit line beyond what is needed to continue governance.
Deficit printing and borrowing dollars only acerbates and delays a day of reckoning when hyperinflation will come roaring to life. As the purchasing power of the dollar deflates prices will have to decrease to fight of hyperinflation. One way of keeping prices down is by lying off more employees. At the same time the equities stock market experiences inflation by computerized front running deep pool HFT as synthetic profits yield obscene commissions and bonuses in a 21% unemployment environment.
TTM is no longer able to borrow a half a million dollars to purchase a price depreciating, deflating housing asset through undisciplined, unregulated and abusive debt financing because of a collapsing credit market. Therefore the price of housing will continue to fall until an acceptable universal accounting, rating and leveraging system is reestablished.
Meanwhile inside the Euro zone Greek interest rates inflate as global investors prepare to pour monies into a illusionary secure deflating interest rate in US Treasuries. The bottom of a deflating credit market must include an unwinding of a $1.5 quadrillion derivatives market. The credit market collapse continues to fuel the current deflationary recession.
As banks hoard monies acquired through a false flag financial operation they prohibit the expansion of credit which is one essential ingredient required to inflate the economy out of the current recession.
Monday, September 13, 2010
Can The Fed meet Basel benchmarks?
The Taxpaying Majority has not read the two thousand plus page financial reform bill that was recently passed by a congress that also didn’t read the bill. It is possible banking lobbyist submitted legislation that will finally rescue the banking system.
Being proactive, lobbyist may have inserted stringed measures, which meet Basel 3 rules and will prevent another bank bailout? Based on the Fed’s balance sheet can it meet capital requirements set under Basel 3? Can the Fed successfully lobby the Senate and President to translate into law and regulation requirements set under the Basel 3 rules?
Will passage of Basel 3 financial requirements prevent another trillion-dollar financial stimulus package as due date approach? Can the Federal Reserve System (FRS) meet a minimum common equity requirement of 4.5% plus a capital conservation buffer of 2.5%?
How much in dollars is 10% of Fed total capital? Will selling toxic asset back to bailed out banks qualify the Fed as compliant before January 1, 2015? What will be the new leverage ratio under Basel 3? What will returns look like under greater constraints on earnings distribution,discretionary bonuses and high dividends?
Will a counter cyclical buffer prevent another round of excess aggregate credit growth such as in the treasury market? How much is a minimum Tier 1 leverage ratio of 3%? Will a combination of capital surcharges; contingent capital and bail-in debt regulate the Fed sufficiently to prevent another credit crises.
According the Basel 3 rules the Fed has 2 years and 3 months to get its act in order.
Being proactive, lobbyist may have inserted stringed measures, which meet Basel 3 rules and will prevent another bank bailout? Based on the Fed’s balance sheet can it meet capital requirements set under Basel 3? Can the Fed successfully lobby the Senate and President to translate into law and regulation requirements set under the Basel 3 rules?
Will passage of Basel 3 financial requirements prevent another trillion-dollar financial stimulus package as due date approach? Can the Federal Reserve System (FRS) meet a minimum common equity requirement of 4.5% plus a capital conservation buffer of 2.5%?
How much in dollars is 10% of Fed total capital? Will selling toxic asset back to bailed out banks qualify the Fed as compliant before January 1, 2015? What will be the new leverage ratio under Basel 3? What will returns look like under greater constraints on earnings distribution,discretionary bonuses and high dividends?
Will a counter cyclical buffer prevent another round of excess aggregate credit growth such as in the treasury market? How much is a minimum Tier 1 leverage ratio of 3%? Will a combination of capital surcharges; contingent capital and bail-in debt regulate the Fed sufficiently to prevent another credit crises.
According the Basel 3 rules the Fed has 2 years and 3 months to get its act in order.
Monday, September 6, 2010
Can Congress nix Treason?
Treason is at least as old as the creation story of the Christian bible. A beautiful angel was cast out of Heaven because she betrayed God. According to the Garden of Eden story the Serpent betrayed Eve and Eve betrayed Adam. Treason has never been a positive act.
Treason has never been subject to the authority of any political philosophy, government or body of laws. The US Constitution can only highlight the negativity of treason. Treason and the consequence of being found guilty of the act have survived the rise and fall of many nations.
The US congress has tried to repealed Treason by changing laws, ignoring others laws, to outright redefining an Act of Treason. Congress currently indulges in these acts in order to accumulating a debased currency that is slowly becoming worthless. The taxpaying majority (TTM) has accepted the fact that congress can be bought.
Recent history has shown that people can lie to congress, government agencies and expect no retribution for the act of lying. Is it treasonous to inflate the bond market through deficit spending? If the US Bond market should collapse could United States of America continue to wage war in Iran, Yemen or Pakistan?
An international financial cartel (IFC), which is America’s number one enemy is well aware of this Achilles’ heel. When the time is right IFC will have no quorum pulling the plug on the military of U S of A.
Treason has never been subject to the authority of any political philosophy, government or body of laws. The US Constitution can only highlight the negativity of treason. Treason and the consequence of being found guilty of the act have survived the rise and fall of many nations.
The US congress has tried to repealed Treason by changing laws, ignoring others laws, to outright redefining an Act of Treason. Congress currently indulges in these acts in order to accumulating a debased currency that is slowly becoming worthless. The taxpaying majority (TTM) has accepted the fact that congress can be bought.
Recent history has shown that people can lie to congress, government agencies and expect no retribution for the act of lying. Is it treasonous to inflate the bond market through deficit spending? If the US Bond market should collapse could United States of America continue to wage war in Iran, Yemen or Pakistan?
An international financial cartel (IFC), which is America’s number one enemy is well aware of this Achilles’ heel. When the time is right IFC will have no quorum pulling the plug on the military of U S of A.
Wednesday, August 11, 2010
Dollar backed by Debt
The US dollar is backed by debt. The Federal Reserve note is not created out of thin air, electronically or by a printing press it is debt. It is no longer backed by the full faith and credit of the US government as its credit rating spirals down the food chain.
Government’s inability to rein in spending, Afghanistan war, Iraq govern less, North Korea aggression and lost of AAA rating is self evident.The taxpaying majority live in a physical conscious realm although there other dimension in flux. It is commonly exposed that the dollar is a fiat currency back by nothing.
The dollar decoupled from a Brettonwood gold system which was the nail in the coffin for the victor’s agreement. The dollar also decouples from its petrol agreement when Saddam Hussein and other States accepts payments in other currency.
If the Chinese’s demand gold for payment of treasury redemption the taxpaying majority (TTM) will find itself back at the precipice. The irony of the situation is the dollar is now backed by debt as United States escalates its position as the largest debtor. Yet the very same debt is also the demise of the dollars hegemony.
The strength of the dollar is its ability by government to produce quantities through deficit spending. It is alleged that every citizen of U S of A owes somewhere in the neighborhood of $100,000 on a growing national debt. The national debt is in reality an uncollected tax.
The tax with interest growing exponentially by the second will double in shorter increments even if the FRS does not QE 2. An exponentially expending tax will take less time to double as long as there is an increasing outstanding balance. Deficit spending could not, is not and will not stop the national debt from doubling.
It has become a scam, a ponzi scheme and a rip off. The Federal Reserve System has to pursue, promote and prolong government debt financing in order to stable its business model and make an obscene pornographic profit (OPP).
A controlled Congress must perpetuate spending more dollars then it is taking in through all forms of taxes. How does a bankrupt, bailed-out and broken banking system earn trillions of dollars which it loans to an unwilling taxpaying majority? Should the federal government create money it cannot repay?
Understand the FRS is a private international financial cartel (IFC) with ownership from around the globe. How this private IFC is able to amass trillions in OPP. Money is not produced out of thin air. This concept is the stuff of fairy tales, magic and an illusion.
Every dollar that is created by deficit spending is an uncollected tax that must be paid in full by TTM. Someday TTM will pull back the curtain after withdrawing from its debt addiction. TTM will find that the IFC was, is and will continue to be the ultimate tax collector.
Deficit spending is a mechanism used to purchase power by controlling government. The end game could be the impoverishment of TTM, the collapse of the dollar and the demise of the shining city on the hill.
Government’s inability to rein in spending, Afghanistan war, Iraq govern less, North Korea aggression and lost of AAA rating is self evident.The taxpaying majority live in a physical conscious realm although there other dimension in flux. It is commonly exposed that the dollar is a fiat currency back by nothing.
The dollar decoupled from a Brettonwood gold system which was the nail in the coffin for the victor’s agreement. The dollar also decouples from its petrol agreement when Saddam Hussein and other States accepts payments in other currency.
If the Chinese’s demand gold for payment of treasury redemption the taxpaying majority (TTM) will find itself back at the precipice. The irony of the situation is the dollar is now backed by debt as United States escalates its position as the largest debtor. Yet the very same debt is also the demise of the dollars hegemony.
The strength of the dollar is its ability by government to produce quantities through deficit spending. It is alleged that every citizen of U S of A owes somewhere in the neighborhood of $100,000 on a growing national debt. The national debt is in reality an uncollected tax.
The tax with interest growing exponentially by the second will double in shorter increments even if the FRS does not QE 2. An exponentially expending tax will take less time to double as long as there is an increasing outstanding balance. Deficit spending could not, is not and will not stop the national debt from doubling.
It has become a scam, a ponzi scheme and a rip off. The Federal Reserve System has to pursue, promote and prolong government debt financing in order to stable its business model and make an obscene pornographic profit (OPP).
A controlled Congress must perpetuate spending more dollars then it is taking in through all forms of taxes. How does a bankrupt, bailed-out and broken banking system earn trillions of dollars which it loans to an unwilling taxpaying majority? Should the federal government create money it cannot repay?
Understand the FRS is a private international financial cartel (IFC) with ownership from around the globe. How this private IFC is able to amass trillions in OPP. Money is not produced out of thin air. This concept is the stuff of fairy tales, magic and an illusion.
Every dollar that is created by deficit spending is an uncollected tax that must be paid in full by TTM. Someday TTM will pull back the curtain after withdrawing from its debt addiction. TTM will find that the IFC was, is and will continue to be the ultimate tax collector.
Deficit spending is a mechanism used to purchase power by controlling government. The end game could be the impoverishment of TTM, the collapse of the dollar and the demise of the shining city on the hill.
Sunday, August 8, 2010
We are there
Social Security benefits will exceed revenues in 2010. Paying full Social Security benefits when the system is broken only make a deteriorating situation worse.
Do not believe for one second that the smart ones in Washington are not aware how the recession is wreaking havoc on the social security system. When the economy recovers will the millions of jobs lost return?
If US of A slips into a Japanese’s style deflationary cycle it could be decades before the economy recovers. SS is on the brink and does not have much time left.
Deflation is already devastating income as taxpayers are forced to take one, two or three day furloughs without pay. Food inflation deflates the purchasing power of the dollar. Small business revenues are also deflating.
Will the economic recovery be another jobless return to prosperity? From where will the revenue needed to finance SS come from? A 30-year reserve fund paying full benefits even though the trust fund is being raided, abused and misused will implode.
Reform proposal only extend and delay a day of reckoning. Should US of A enter into a period of hyperinflation due to say QE 2 social security could not keep pace with the cost of living.
Do not believe for one second that the smart ones in Washington are not aware how the recession is wreaking havoc on the social security system. When the economy recovers will the millions of jobs lost return?
If US of A slips into a Japanese’s style deflationary cycle it could be decades before the economy recovers. SS is on the brink and does not have much time left.
Deflation is already devastating income as taxpayers are forced to take one, two or three day furloughs without pay. Food inflation deflates the purchasing power of the dollar. Small business revenues are also deflating.
Will the economic recovery be another jobless return to prosperity? From where will the revenue needed to finance SS come from? A 30-year reserve fund paying full benefits even though the trust fund is being raided, abused and misused will implode.
Reform proposal only extend and delay a day of reckoning. Should US of A enter into a period of hyperinflation due to say QE 2 social security could not keep pace with the cost of living.
Wednesday, August 4, 2010
Oil Spin
The oil that was release due to an incident in the gulf is not GONE. If gulf residents do not see oil it does not mean it has disappeared. BP PLC wants the public to believe they have developed the technology to overcome pressures pushing a volcanic gusher of oil to the surface.
Oil continues to leak into the Gulf through cracks in the gulf floor. Much of the oil never made it to the surface and is still a threat to humans, sea life and marshes. Here is an elementary math problem. A volcanic oil gusher spewed 100,000 barrels of oil a day into the gulf.
A barrel of oil is around 45 gallons. After 100 days how much crude would have polluted the gulf. The answer is 450,000,000 gallons. Yes, oil dissolves in water naturally over time. Question is how time is “naturally over time”.
If 152 million gallons is three-quarters where is the 53 million gallons of oil? Evaporation or dissolving is not the same as GONE. If the oil evaporated then 50 million gallons of oil is in the atmosphere as a gas.
Oil continues to leak into the Gulf through cracks in the gulf floor. Much of the oil never made it to the surface and is still a threat to humans, sea life and marshes. Here is an elementary math problem. A volcanic oil gusher spewed 100,000 barrels of oil a day into the gulf.
A barrel of oil is around 45 gallons. After 100 days how much crude would have polluted the gulf. The answer is 450,000,000 gallons. Yes, oil dissolves in water naturally over time. Question is how time is “naturally over time”.
If 152 million gallons is three-quarters where is the 53 million gallons of oil? Evaporation or dissolving is not the same as GONE. If the oil evaporated then 50 million gallons of oil is in the atmosphere as a gas.
Sunday, August 1, 2010
Why are TTM paying taxes?
The taxpaying majority (TTM) ability to pay down the national debt, if it was not in the midst of a recession, has been kicked down the road to yet another unborn generations. These unborn generations are accumulating interest debt and will be born into debt slavery.
Its slowly becoming clear how a captured congress is borrowing more money from an international financial cartel (IFC) above and beyond what is needed to cover puffed budget deficits. These access bonds will have to disappear through an incident similar to the destruction of buildings on 9/11.
When law and order finally returns to Washington DC someday, computer records will reveal skeletons in financial closets. In the meantime access cash is being used to prop a synthetic stock market, which is churning volume through HFT.
Both political parties are participating in this treasonous, obscene fraud, which incrementally dissolves the constitution, US sovernity and purchasing power of the US dollar.
When the federal government barrows more money then it needs to cover deficit spending, it exposes the folly, pillage, plunder and obscenity of federal, state and local income taxes. Congress could borrow for example $3 quadrillion dollars from the foreign owners of the Federal Reserve System.
Congress could pay off the US national debt, and balances the global derivatives market. This action would be inflationary and deflationary at an accelerated pace instead of the boiling frog method currently utilized.
If all those that hold US government debt conducted a run on treasuries at fire sale prices global printing presses do not have the capacity to produce enough $100 bills to satisfy demand. Maybe oil interest is buying US treasuries out of London similar to how they bought gold around $800 per ounce before it crashed to $260.
Its slowly becoming clear how a captured congress is borrowing more money from an international financial cartel (IFC) above and beyond what is needed to cover puffed budget deficits. These access bonds will have to disappear through an incident similar to the destruction of buildings on 9/11.
When law and order finally returns to Washington DC someday, computer records will reveal skeletons in financial closets. In the meantime access cash is being used to prop a synthetic stock market, which is churning volume through HFT.
Both political parties are participating in this treasonous, obscene fraud, which incrementally dissolves the constitution, US sovernity and purchasing power of the US dollar.
When the federal government barrows more money then it needs to cover deficit spending, it exposes the folly, pillage, plunder and obscenity of federal, state and local income taxes. Congress could borrow for example $3 quadrillion dollars from the foreign owners of the Federal Reserve System.
Congress could pay off the US national debt, and balances the global derivatives market. This action would be inflationary and deflationary at an accelerated pace instead of the boiling frog method currently utilized.
If all those that hold US government debt conducted a run on treasuries at fire sale prices global printing presses do not have the capacity to produce enough $100 bills to satisfy demand. Maybe oil interest is buying US treasuries out of London similar to how they bought gold around $800 per ounce before it crashed to $260.
Tuesday, July 27, 2010
GDP breaks Taxpayers
Deficit spending is a clear sign the taxpaying majority (TTM) is up side down when it come to national fiscal prudence. How long can the largess of the taxpaying majority (TTM) also sustain the weight of a synthetic free capitalist stock market? There is nothing free about today stock market.
It has cost TTM trillions of borrowed dollar from the very same institutions that are artificially stimulating market through fast trading in dark pools. Has anyone done a comparison between the lengths of pages to bills passed by congress, the purchasing power of the US dollar and physical debasement of its currency?
How much more insanity will TTM tolerate as the purchasing power of take home pay deflates and tax liabilities exponentially inflate towards breaking point. There is no mysterious source of cash investing in the stock market. Cash creation is fiat promissory note electronically borrowed from a private International Financial Cartel.
How long will TTM slip deeper into the inception deception? TTM should not lose focus of the mission to protect, preserve and perfect its experimental independent republic from the tyranny within.
It has cost TTM trillions of borrowed dollar from the very same institutions that are artificially stimulating market through fast trading in dark pools. Has anyone done a comparison between the lengths of pages to bills passed by congress, the purchasing power of the US dollar and physical debasement of its currency?
How much more insanity will TTM tolerate as the purchasing power of take home pay deflates and tax liabilities exponentially inflate towards breaking point. There is no mysterious source of cash investing in the stock market. Cash creation is fiat promissory note electronically borrowed from a private International Financial Cartel.
How long will TTM slip deeper into the inception deception? TTM should not lose focus of the mission to protect, preserve and perfect its experimental independent republic from the tyranny within.
Tuesday, June 29, 2010
What are we doing here?
The taxpaying majority (TTM) is not supposed to be here. After two year of negotiations, posturing and smoke filled back rooms TTM is handed financial legislation that has accomplished, restored and protected nothing.
TTM is still caught up in the same decaying financial predicament, precipice and paradigm it found itself in during September 2008. In 2008 there was no Iceland, Ireland, Latvia, Greek sovereign debt crises. The global derivatives market was less then $650 trillion dollars.
A $23 trillion taxpayer commitment was supposed to solve a global financial pandemic. Yet, the stock market is still eroding quantitatively. TTM is clear as to who has their finger on the trigger that could implode the US and Global economy. With China in that position TTM should ask those running for congress in November, how did we get here?
Was it a treacherous, treasonous, terrorist plot implemented by congress’s new masters? Well, here is the subliminal messages congress sent TTM. Congress has abandoned their fiduciary duty to protect, preserve and promote the US constitution.
Congress has embraced a new master an international financial cartel (IFC) and no longer serves its constituents. Congress has sold out the country with an inflating, debasing, deflationary fiat currency. Judgment day is coming when congress can no longer pretend they did not know.
Even though congress continues to slowly boil TTM like a frog, the collapse of the U S of A will not be considered an accident? A clear sign of an eminent collapse would be when congress and their new masters IFC go silent after slipping into their secret survival bunkers.
http://www.opineeconomics.blogspot.com
TTM is still caught up in the same decaying financial predicament, precipice and paradigm it found itself in during September 2008. In 2008 there was no Iceland, Ireland, Latvia, Greek sovereign debt crises. The global derivatives market was less then $650 trillion dollars.
A $23 trillion taxpayer commitment was supposed to solve a global financial pandemic. Yet, the stock market is still eroding quantitatively. TTM is clear as to who has their finger on the trigger that could implode the US and Global economy. With China in that position TTM should ask those running for congress in November, how did we get here?
Was it a treacherous, treasonous, terrorist plot implemented by congress’s new masters? Well, here is the subliminal messages congress sent TTM. Congress has abandoned their fiduciary duty to protect, preserve and promote the US constitution.
Congress has embraced a new master an international financial cartel (IFC) and no longer serves its constituents. Congress has sold out the country with an inflating, debasing, deflationary fiat currency. Judgment day is coming when congress can no longer pretend they did not know.
Even though congress continues to slowly boil TTM like a frog, the collapse of the U S of A will not be considered an accident? A clear sign of an eminent collapse would be when congress and their new masters IFC go silent after slipping into their secret survival bunkers.
http://www.opineeconomics.blogspot.com
Monday, June 28, 2010
Abiotic Oil Wars
Truths rising from below the Gulf floor in the form of toxic gases has the potential to destroy life in and above water. BP has tapped into a mother lode of abiotic oil, which is being manufactured naturally through an automatic cycle. This volatile eruption of deadly gasses should have a sobering effect on the oil wars being fought in the Middle East.
If the concept of Abiotic Oil is accurate there is no need to send our bravest and finest into harms way to guarantee the free flow of oil. Abiotic Oil like “Peak Oil” highlights the rate of consumption at which humans are depleting our natural resources. The volume of oil coming out of the floor at best is steady.
Pressure has not dropped since April. BP has tapped into more oil then US of A will ever use. General McCrystal’s staff is probably also aware of the massive reserves of oil within the territories of US of A. Congress would rather taxpayers pay more at the pump then tap into domestic reserves.
It is only through high gas prices that federal, state and local governments can collect more tax revenue to compensate for a debased currency. This gulf event maybe yet another false flag attempt to break the back of America in terms of logistics, defense and tactics. Using oil booms is not thinking out side of the box.
Bails of hay will absorb oil and so will human hair. If depleted oil wells are beginning to refill with oil then Peak Oil is not a major concern. What is surprising is no one has the stones to force a bailed-out International Financial Cartel into releasing suppressed technology that could end this catastrophe.
United States should seriously consider allowing the Russian’s to set of a precise nuclear devise based on their experience and expertise. History has documented nuclear fallout from a failed Russian reactor in the milk of cows in Wisconsin USA. Why, because all water, air and lands are connected.
A methane explosion in the Gulf of Mexico will affect multiple nations. While each high tide bring in another layer of oil that will preserve some of the vegetation it cover for hundreds of years.
If the concept of Abiotic Oil is accurate there is no need to send our bravest and finest into harms way to guarantee the free flow of oil. Abiotic Oil like “Peak Oil” highlights the rate of consumption at which humans are depleting our natural resources. The volume of oil coming out of the floor at best is steady.
Pressure has not dropped since April. BP has tapped into more oil then US of A will ever use. General McCrystal’s staff is probably also aware of the massive reserves of oil within the territories of US of A. Congress would rather taxpayers pay more at the pump then tap into domestic reserves.
It is only through high gas prices that federal, state and local governments can collect more tax revenue to compensate for a debased currency. This gulf event maybe yet another false flag attempt to break the back of America in terms of logistics, defense and tactics. Using oil booms is not thinking out side of the box.
Bails of hay will absorb oil and so will human hair. If depleted oil wells are beginning to refill with oil then Peak Oil is not a major concern. What is surprising is no one has the stones to force a bailed-out International Financial Cartel into releasing suppressed technology that could end this catastrophe.
United States should seriously consider allowing the Russian’s to set of a precise nuclear devise based on their experience and expertise. History has documented nuclear fallout from a failed Russian reactor in the milk of cows in Wisconsin USA. Why, because all water, air and lands are connected.
A methane explosion in the Gulf of Mexico will affect multiple nations. While each high tide bring in another layer of oil that will preserve some of the vegetation it cover for hundreds of years.
Tuesday, May 25, 2010
Trading with their own currency
Alexander the Great knew the power behind Greece’s only nemesis was a massive reserve of gold. Exactly where this fortune was stored and taking the booty was Alexander’s only obstacle. Alexander unified the Greeks by vilifying their common enemy who just happened to pocess the middle world’s largest known cache of gold. An obvious Condon drum was the Greek emissaries and advisors caught inside enemy camps after each victory. In addition to engaging elite Greek forces on the battlefield Alexander pursued his goal of financial independence of Greek largess. Once Alexander secured his sought after fortune he no longer needed the support of the Greek states. Alexander’s military might was no longer Greek on his last birthday. Like Alexander the great an International Financial Cartel (IFC) the “to big to fail” has coined their own currency. Through modern technology the IFC commandeered the derivatives market, captured the treasuries of taxpayers around the globe and attacked NATO allies through naked shorts CDS. The income is unregulated, not reported, and tax-free. Since the “ fat finger accident “ every major market index has revisited the bottom of the May 6 plunge. As long as the boiling taxpayer does not jump out of the tax system IFC will continue to confiscate revenue feeding politicians appetite for deficit spending.
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