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Before 911 happened I had been studying the movements of the NWO for about 10 years. I have lived and worked in Europe since 2000. I now live in Spain. I happen to be an investment banker with an extensive background working with sovereign debt and other financial instruments.
It is no surprise to us that Europe has failed. That was by design. It was not an economic failure. But it was the failure of their Socialistic model and the theft of Billions. The Will of the people was broken when the people accepted Socialism in response to Facism.
If you research the evolution of the Soviet Union, Nazi Germany or any other autocracy you will see that the people's Will was broken long before the first shot was fired.
Two years ago I went to my bank to withdraw a few thousand Euros. They claimed that the money was not there. But I had already seen the transfer on a terminal screen so I knew it had been received. They just did not want to give it to me. From that day on I was suspicious that these banks were going to steal the money.
I opened a new account at Deutsche Bank. They offered to put my account into an investment. Upon reading the type of investment they were offering it was clear that those investments were all losing money. When I said that I wanted to invest in strategic metals I was informed that I could not because my balance was too small. You mean only the rich were allowed to make money and I had to waste my money with the rest of the customers? It was clear that something was wrong.
Now we know what was wrong.
Five years ago I wrote a confidential report for a well known Danish bank and they did not appreciate the report's conclusion that there were problems in the banking area of Europe.
It was obvious to me that there would be a collapse in Europe when I first arrived and researched the markets. That was in 2000.
I am no whizkid. If this is what I could learn in my research certainly people who were better informed than me would have known what was coming, I tried to tell a few people what I had seen but they thought I was a silly American and that it was the "toxic" mortgages behind it.
Now let me caution you from snap judgments and repeating TV doctrine. I say that the economic collapse is calculated and has an ulterior motive. I can not say what that motive is but if it is true then we are not dealing with a bunch of fumbling fools but rather a cabal of thieves and social engineers who think they know what is best for us.
If I am right, no Occupy Movement is going to help. It will only exhaust our resolve. What we need is honest dialog and a properly legal well placed precise response. We do not need mass hysteria based on false information.
I know they have all the guns. But if guns were enough they would not waste time brainwashing you. They can not hurt you without your consent.
May I suggest that you turn off your TV sets and stop allowing the enemy to infiltrate your minds? Write letters to your legislators or anyone in public office to assert our beliefs and setting the boundaries past which no man or organization may go. But if you give them one inch they will take a mile.
Failure to protect yourself adequately both financially and mentally will result in a collapse of the Will as has happened in Europe which will be more devastating than any economic collapse.
This was taken from a letter that I wrote to my 76 year old mother who lives in a different locale.
Please prepare yourselves for next year, Reliable sources say that after Christmas all will begin to collapse. Firstly, you must secure yourselves with healthy food. I suggest you switch to a mostly vegetarian diet because not only is it cheaper but you have never heard of a vegetarian having cancer or a heart attack .
I do not have all the answers. I do not give medical advice. You need a licensed practioner for that. Put I can give you some information that may be helpful to someone who is trying to survive. One thing for sure, you can not trust what they tell you on TV. So maybe this will help.
I do not recommend fruits other than small berries and grapes because the key to good health is a reduction in sugar. Fructose is the sugar found in fruit. If you eat lots of fruit you will be eating lots of sugar. Fructose is handled by the body in a different way and is more difficult to breakdown. What you need is more bitter taste rather than a sweet taste.
Smaller fruits like berries are a good source of anti-oxidants. Try Chaga. It is the highest known anti-oxidant on the planet. And it is very cheap. My family gets its Chaga from Siberia in Russia.
Since switching to a mostly vegetarian diet I am 15 pounds lighter equivalent to what I weighed 15 years ago. Teeth are clean and white which indicates a healthy condition. I don't get sick or catch colds. Toe fungus and misshapen nails have cleared up and turned back to normal. (Toe fungus is an indication of diabetes or pre-diabetes.)
I do not eat high caloric foods like rice, grits, potatoes, sugar, fruit, no junk food, no restaurant food, nothing artificial or manufactured. We never use table salt. Instead we us only Himalayan salt that has 83 minerals. We use no bleached flouer (it contains bromide which can take the place of iodide / iodine and this destroys the thyroid). I do not eat pasta, no pizza, no grains, cereals or bread. I do not use syrup, no juices other than pomegranate, cranberry or elderberry juice , no commercial shampoo, no manufactured soap or detergent, no fluoride tooth paste, no refined sugar and no pop or diet pop or low calorie, low salt, artificial sweeteners, decaffeinated drinks. In fact I use no manufactured food at all. Food can not be manufactured!
Instead we use homemade natural soap, oil pulling for the teeth, no sun block and no GMO foods. We get our food from local farmers not the grocery store. We eat beans, vegetables, bone soup, occasionally high quality meat from a butcher, spelt flour baked goods, pancakes, cookies, fresh farm eggs, homemade yogurt, sour dough bread, Himalayan salt sole, beets, pumpkin soup, wild black berries and grapes, homemade jam, honey and sweat potatoes. In addition to oil pulling we are now starting to using twigs from trees to clean our teeth. We drinkspirulina blue green algae daily. We use olive oil instead of vegetable. Coconut oil is also great.
The best source of protein is in powder form, whey protein. You need this to rebuild cells.
We have to get chaga and potassium as well as magnesium, zinc, chromium, vanadium, L.arginine, copper, vitamin d, e - all 8 types, a, k, bile, probiotics (we get this from the homemade yogurt), digestive enzymes, essential fatty acids, Co Q 10, therapeutic doses of vitamin c and b complex . Omega 3 and Omega 6, powdered protein from whey. NAC for the liver. Alpha lipoic acid. Phosphotidyl Choline and Serene for the brain. These items should be taken in liquid form throughout the day. If a person has trouble absorbing fat soluble nutrients then they will have no way to get the nutrition they need and the body will breakdown unless they take digestive enzymes.
Many of these substances can be found in the product called "Beyond Tangy Tangerine" and "Sweet Eze" from Youngevity (youngevity.com)
It turns out that most of the illnesses we are faced with are caused by: 1) digestive problems; 2) blood sugar problems; or 3) the adrenal system (thyroid, lymphatic system). Most of the time the problem is in the digestive track. Until the foods that cause problems like gas, diarrhea, constipation, burping, cramping or any other symptom can be eliminated there can be no progress in health. What most people call illness is really a symptom of nutritional deficiency. Heart disease, cancer, skin problems, mental illness, Alzheimer, Autism, kidney disease, diabetes, and so on are some of the symptoms of an underlying problem. We have to be like detectives to find out what that underlying problem is. More of this information can be found by listening to Pharmacist Ben Fuchs at brightside.com .
Water - You need living water, not distilled water. There are no nutrients in distilled water. But fluoridated water is a real problem. Fluoride was invented by the Soviets to make the prisoners more docile. The Nazi's used it to dumb down the population. You must not drink, bathe or cook with fluoridated water. However, if you can not move to a place that does not use fluoridation in their water then a regular filter will do. The element in the filter must be kept up to date or you could poison yourself. By staying dosed up with iodine your thyroid is less likely to absorb fluoride. Big Berkey is one of the best filters available.
I recommend also "the Power Hour" internet show with Joyce Riley at thepowerhour.com for a good source of products and information.
It has been reported that chemicals, drugs, hormones and nuclear waste has been found in municipal water. These elements are deliberately put into the water such as lithium and other psychotropic drugs. Some politicians advocate putting statin and other drugs into the water. Dr. Wynn Parker who has a show on Republic Broadcasting Network, has written and spoken extensively about the use of chloromine in the water and the dangers of fracking.
A good household filter is essential. But you must know that many of these harmful chemicals can not be taken out of the water. Bottled water is not an option since many companies use municipal water to start with. Another point is that in times of trouble chances are there will be no electricity. Without electricity it will not be possible to pump water or gasoline. You must be prepared to operate in the dark.
If you keep this list handy I am sure it will help most health problems without expensive medication, procedures and insurance. The key is to start saving food especially seeds and beans. You need to realize that this day of food shortage is definitely coming. Avoid foods that are manufactured because they are not food and will lead to illness.. Real food can not be manufactured!
If you need medications be sure to have enough on hand. What's best is to avoid illness by eating properly. Do not eat junk food or processed food.
The banks will collapse. Do not keep money in the bank. Convert all your assets into gold or silver. I sell small amounts of gold by the gram that can be traded for goods and services. Go here to open a free gold account. Take delivery over 100 grams or store your gold in Switzerland for free. http://www.kb-vision.com/?s=greenshield
Safety and security. - The lights will go out. There will be no phone service. No ambulance service. No help. You must have a plan to secure yourself. And when the people get hungry they will be like animals. The best thing is to move together with trusted family and friends in a defendable location. Think of Katrina times 1000 worse.
This is the ideal Christmas present. It is a KB Gold / Vision gold card. It comes with a one gram gold bar (999.9% fine gold). The card also acts as a certificate of authenticity. This gold bullion is called Kine gold.
The kine bar and attached card have been specifically designed to make it easy to collect, store, trade or carry. There are a few other benefits to owning the kine bar:
No questions asked buy back policy
Free replacement if lost or stolen
Free storage in the KB Swiss vault or physical delivery*
If anyone tries to tell you that there is no money you can bet they are lying. Here is a list of banks who received the bulk of your bailout money (sweat, labor and equity). I don't know if these figures are accurate. But close enough.
My point is: 1. Its not real money; 2. It is not your money; 3. Come to goldenladyfun to start your gold savings account for free. The physical gold is sold in small denominations of 1 gram each and can be purchased a little at a time. We will store it for free in our vault in Switzerland if you like. We also have a no questions asked buy back policy, free replacement if the gold is lost or stolen and an affiliate distributor program. Join us at: http://ping.fm/NEe19
Below is a list of some of the largest recipients of the bailout "Money". What do you think?:
Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
Sources:
Where did the damn money go? That's what I tell my kids when the school tries to convince them that they are in the beginning of an economic meltdown. Did the money go to an alien planet? How is it that one day there was plenty of money and the next there was no money?
Its like water. You can not use up all the water on the planet. In fact the water is just recirculated in different forms. Can it evaporate into space? You can not spend up all the money. Someone some place has to have it. It just can not disappear. But it can be stolen and hidden.
These very clever people will try to convince you that it was spent out of existence. That's not possible. Someone someplace has to have it. If you will notice they will spend incredible sums of money for things that are really of no value. This is called "wastage". But in reality the entire pool of money must go somewhere.
Think of a bank robbery where the bank manager claims the thieves stole more than they actually did just so he can put a little in his own pocket. Now imagine if all the banks did that at the same time and told you hey lost the money in bad investments. Is this not what these guys are doing?
But it is worse than that. Not only are jobs and houses lost, but entire countries are being lost. .In some cases war is the result. We all lose our freedoms because of someone else' greed. And this is the perfect time for the globalist to institutes their agenda,
Looking for the money is like hunting for Red Oktober. The news media throws down a trail of misinformation and disinformation to make sure that you are off track. Have you ever noticed that all the news on TV is fake? Yet many people want to feel that they know what is going on? But consider this, the news media does not work for you. They work for the advertisers who are the very companies who stole your money. So why do you keep watching and listening.
The fact is that what most people call money is not really money. At best it is currency. The majority is not even paper. Instead it sits in a computer memory to be distributed to other accounts. So really they can not even destroy it. At the moment the U.S. owes about 15 Trillion Dollars of (fill in the blank). The problem is that 15 Trillion Dollars (fill in the blank) represents your sweat, labor and equity. They just keep printing and spending it because to them your sweat, labor and equity are not real. Let me ask you, is your sweat, labor and equity real? Then why do you accept pieces of paper or currency for it? And now they tell you that there is no more currency for your sweat, labor and equity.
My point is that the idea that all the money disappeared is ridiculous and nothing more than theft like a thief telling the judge the money just disappeared.
I believe the entire financial meltdown is a hoax. There is more than enough currency they just don't want you to know it. So they starve you, tell you nightly that everything is bankrupt and on that basis your suffering makes it all seem real.
Once you have totally bought into the idea that there has been a financial collapse they will offer you a "solution" which they always had in mind for you. I believe that solution will be a one world currency. I believe that you will be assessed with "your fair share" at birth and have to spend the remainder of your life paying your fair share adjusted for regional and ethnic or racial considerations. No longer will life be a right. It will be a privilege that must be paid for. And it will be the job of the government to monitor every aspect of your life to make sure that you don't cheat.
It will be a privilege to drive, to have a family, to have children, to take a vacation, to travel, to eat healthy food, and so on. And if you don't like it you can opt out. Of course your minders will be exempt from the rules because of their contribution to society.
At the moment we are in a transitional stage. There is chance of throwing a wrench into the works. You have to:
1. Stop believing in their lies. Turn off the TV. Get rid of it. Don't watch HD TV.
2. Protect your right to eat healthy food and take supplements
3. Buy gold by the gram and save it outside of the U.S.
4. Liquidate all your assets and escape to a safe haven.
5. Don't support Global agendas.
6. Never put a cell phone up to your head.
7. Do not eat manufactured foods.
For more information monitor goldenladyfun daily and tell your family and friends to do the same.
Today at 5 pm EST Goldenladyfun launches its broadcast of the 15 minute gold news roundup. This is a daily roundup of gold, silver and financial news gathered from various sources around the net. The broadcast is in a casual format for the average consumer who needs to know more about financial markets and do not have time to investigate beyond the mainstream news media. Future plans allow for lines to be opened so that the listening audience can call in and participate in the broadcast. For more information about how and where to buy cheap affordable gold or to open a free offshore gold savings account go to: goldenladyfun.blogspot.com .
1. Open a free gold savings account
2. Convert all my assets to gold or silver 1 gram bullion not coins
2. Place my gold in vaults in Switzerland for free
3. Obtain a passport.
4. Use my gold as necessary when necessary to buy or barter for what I need.
5. Relocate to a safe secure location where the air is breathable, water is drinkable and food is eatable.
6. Avoid poisonous junk food that make you ill
7. Forget about Social Security
Here is why:
From The Economic Collapse Blog:
25 Bitter And Painful Facts About The Coming Baby Boomer Retirement Crisis That Will Blow Your Mind
For decades we were warned that when the Baby Boomers started to retire that this country would be facing a retirement crisis of unprecedented magnitude. Well, that day has arrived ladies and gentlemen. Back on January 1st, the Baby Boomers began to retire and more than 10,000 of them will be retiring every single day for years to come. Most of them have not saved up nearly enough money for retirement. At the same time, private sector pension plans are failing all over the place, hundreds of state and local government pension plans from coast to coast are woefully underfunded, and the Social Security system is on the road to complete and total disaster. A massive wave of humanity is hitting retirement age at a moment in history when the U.S. economy is coming apart at the seams. We do not have the resources to keep the promises that we made to the Baby Boomers, and most of them have not made adequate preparations for retirement. What we have is a gigantic mess on our hands, and millions of Baby Boomers are going to find retirement to be very bitter and very painful.
A lot of younger Americans just assume that Social Security is enough to take care of the needs of elderly Americans. But that is just not the case.
Have you ever tried to live solely on a Social Security check?
It is not easy. The truth is that those checks are just not that large.
The following comes directly from the Social Security Administration....
The average monthly Social Security benefit for a retired worker was about $1,177 at the beginning of 2011.
Could you live on less than 300 dollars a week?
And keep in mind that the $1,177 monthly figure is just an average. Many receive a lot less than that.
In addition, Social Security benefits have been seriously squeezed by inflation in recent years. The cost of food and other basics has risen briskly and Social Security benefits have not.
Today, many elderly Americans have to make a choice between buying food, heating their homes or buying medicine that they need. They simply do not have enough money to do all of them.
It would have been nice if all of the Baby Boomers had been busy saving money for retirement all these years, but that just did not happen. In fact, the Baby Boomers as a group are trillions of dollars short of what they need for retirement.
So why doesn't the U.S. government step in to help them out?
Well, the reality of the situation is that the U.S. government is flat broke. The federal government is now over 15 trillion dollars in debt. During the Obama administration so far, the U.S. government has accumulated more new debt than it did from the time that George Washington took office to the time that Bill Clinton took office.
Lawmakers are already looking at ways to make the Social Security program less costly. No, the federal government is not going to be riding to the rescue.
In fact, it will be a minor miracle if the Social Security program is able to survive until the end of this decade, and it will be a major miracle if the Social Security program is able to survive until 2030.
As for myself, I do not believe that I will ever see a single penny from Social Security, and many other working age Americans feel the same way.
Retirement is supposed to be a fun time, but sadly most Americans that are approaching retirement age are not going to have any "golden years" to look forward to.
Rather, millions of elderly Americans are going to find the years ahead absolutely agonizing as they struggle just to survive.
The following are 25 bitter and painful facts about the coming Baby Boomer retirement crisis that will blow your mind.... #1 According to the Employee Benefit Research Institute, 46 percent of all American workers have less than $10,000 saved for retirement, and 29 percent of all American workers have less than $1,000 saved for retirement. #2 According to a recent poll conducted by Americans for Secure Retirement, 88 percent of all Americans are worried about "maintaining a comfortable standard of living in retirement". Last year, that figure was at 73 percent. #3 A study conducted by Boston College's Center for Retirement Research has found that American workers are $6.6 trillion short of what they need to retire comfortably. #4 Today, one out of every six elderly Americans lives below the federal poverty line. #5 On January 1st, 2011 the very first Baby Boomers started to retire. For almost the next 20 years, more than 10,000 Baby Boomers will be retiring every single day. #6 At the moment, only about 13 percent of all Americans are 65 years of age or older. By 2030, that number will soar to 18 percent. #7 Right now, there are somewhere around 40 million senior citizens. By 2050 that number is projected to increase to 89 million. #8 Back in 1991, half of all American workers planned to retire before they reached the age of 65. Today, that number has declined to 23 percent. #9 According to one recent survey, 74 percent of American workers expect to continue working once they are "retired". #10 According to a recent AARP survey of Baby Boomers, 40 percent of them plan to work "until they drop". #11 A poll conducted by CESI Debt Solutions found that 56 percent of American retirees still had outstanding debts when they retired. #12 A study by a law professor at the University of Michigan found that Americans that are 55 years of age or older now account for 20 percent of all bankruptcies in the United States. Back in 2001, they only accounted for 12 percent of all bankruptcies. #13 Between 1991 and 2007 the number of Americans between the ages of 65 and 74 that filed for bankruptcy rose by a staggering 178 percent. #14 What is causing most of these bankruptcies among the elderly? The number one cause is medical bills. According to a report published in The American Journal of Medicine, medical bills are a major factor in more than 60 percent of the personal bankruptcies in the United States. Of those bankruptcies that were caused by medical bills, approximately 75 percent of them involved individuals that actually did have health insurance. #15 Public retirement funds all over the United States are woefully underfunded. For example, it has been reported that the $33.7 billion Illinois Teachers Retirement System is 61% underfunded and is on the verge of complete collapse. #16 Most U.S. states have huge pension obligations which threaten to bankrupt them. For example, pension consultant Girard Miller told California's Little Hoover Commission that state and local government bodies in the state of California have $325 billion in combined unfunded pension liabilities. When you break that down, it comes to $22,000 for every single working adult in the state of California. #17 Robert Novy-Marx of the University of Chicago and Joshua D. Rauh of Northwestern's Kellogg School of Management have calculated the combined pension liability for all 50 U.S. states. What they found was that the 50 states are collectively facing $5.17 trillion in pension obligations, but they only have $1.94 trillion set aside in state pension funds. That is a difference of 3.2 trillion dollars. So where in the world is all of that extra money going to come from? #18 According to the Congressional Budget Office, the Social Security system paid out more in benefits than it received in payroll taxes in 2010. That was not supposed to happen until at least 2016. Sadly, in the years ahead these "Social Security deficits" are scheduled to become absolutely nightmarish as hordes of Baby Boomers retire. #19 In 1950, each retiree's Social Security benefit was paid for by 16 U.S. workers. According to new data from the U.S. Bureau of Labor Statistics, there are now only 1.75 full-time private sector workers for each person that is receiving Social Security benefits in the United States. #20 The U.S. government now says that the Medicare trust fund will run out five years faster than they were projecting just last year. #21 The total cost of just three federal government programs - the Department of Defense, Social Security and Medicare - exceeded the total amount of taxes brought in during fiscal 2010 by 10 billion dollars. In the years ahead expenses related to Social Security and Medicare are projected to skyrocket dramatically. #22 The Pension Benefit Guaranty Corporation is the agency of the federal government that pays monthly retirement benefits to hundreds of thousands of retirees that were covered under defined benefit pension plans that failed. The retirement crisis has barely even begun and the PBGC is already dead broke. The PBGC says that it ran a deficit of $26 billion during the fiscal year that just ended and that it will probably need a huge bailout from the federal government. #23 According to a survey by careerbuilder.com, 36 percent of all Americans say that they don't contribute anything at all to retirement savings. #24 More than 30 percent of all investors in the United States that are currently in their sixties have more than 80 percent of their 401k plans invested in equities. So what is going to happen to them if the stock market crashes? #25 A survey taken earlier this year found that 20 percent of all U.S. workers admitted that they had postponed their planned retirement age at least once during the last 12 months. Back in 2008, that number was only at 14 percent.
Our politicians should have addressed the retirement crisis decades ago before we got to the point of being in debt up to our eyeballs.
It is being projected that the U.S. national debt will hit 344% of GDP by the year 2050, and the Congressional Budget Office says that U.S. government debt held by the public will reach a staggering 716% of GDP by the year 2080.
Obviously those figures will never be reached because our financial system would totally collapse long before then.
So what do we do?
We have tens of millions of elderly Americans that are completely and totally dependent on Social Security and Medicare, but those programs also threaten to bankrupt us as a nation.
Anyone that believes that there is a "quick fix" to these issues is being naive.
The "supercommittee" was supposed to address this problem, but they failed so spectacularly that they have become a national joke.
Sadly, most of our politicians just keep kicking the can down the road. They hope that somehow things will just magically "work out".
Well, the truth is that things are not going to "work out". The poverty level among the elderly is going to continue to increase. Pension plans all over this nation are going to continue to fail in staggering numbers. Social Security and Medicare are going to bleed more red ink with each passing year.
Something should have been done about this problem a long, long time ago.
But it wasn't.
This crisis was ignored, dealing with it was put off time after time and all the doomsayers were laughed at.
Now the crisis is here, and we are all going to pay the price.
Goldenladyfun is not only involved in selling gold one gram at a time but through its sister company we arrange large gold transactions all over the world. Whether you are in the market for a few tons of gold or want to open a gold savings account for free we are here to assist you.
We work directly with the mine as well as sources of gold bullion. Be sure to tune in for our weekday broadcast with the latest gold news.
The economic collapse is nothing more than a shift in the economic system from one form to another. It may seem chaotic to us but in fact it is well calculated. The pain to the he masses of people is considered to be collateral damage and is expected from the herd who have no idea of what is going on.
In the very near future a person will be allowed to enter this world owing a bill for the air that he breathes and the water that he consumes. He will be given the opportunity to pay back his debt to society by working and receiving credits, This means that all human activity will have to be measured and the cost will be calculated so that an aggregate cost of mankind's existence can be made and then an individual's bill debited to his account adjusted for race, location and certain choices such as marriage, child birthing, housing, meat eating and so on.
The proponents behind this kind of controlled society will be the "Technocrats" whose job it will be to make sure that the carrying capacity of the Earth is not exceeded. Of course the same Technocrats will be exempt from the standard rules of life because of their contribution to society.
If you think I am joking hear this: I had a business associate who was from Belgium. His parents worked for the EU. As a result he was allowed to attend a private school made up of the children of EU bureaucrats and no one else. They shopped in special stores and ate special food. They lived in special neighborhoods.
There will be pockets of avoidance on this Earth. But you will have to be able to buy your way in. I suggest gold and silver savings plan with physical delivery outside of the U.S. Come to: http://ping.fm/Sr6Z5 to learn about alternatives to the "Economic Collapse". Remember their saying: Ordo Ab Chao
Takhtamanova from the Federal Reserve Bank of San Francisco presented some information about the Federal Reserve System.
I along with the department took video of this event. I was unable to take footage of the entire event unfortunately, but I did get David Lang’s presentation as well as a short portion of a question and answer period.
There were also presentations from students from an Economics class. Each group had to play the role of private central banking head for each of the 12 Federal Reserve branch banks. They had to make policy suggestions for the Federal Reserve banking system going forward.
Some of the groups had the right idea with the suggestion to remove the extra 0.25% interest being paid on excess reserves being held with the Federal Reserve. This is a big problem and those groups got it right.
David Lang presented first, and a notable point is that at the 14 minute mark in the video he explained that the Federal Reserve banking system paid back $78 billion to the US Treasury in 2010. It needs to be noted that he did not discuss the interest that the Federal Reserve charges interest on the currency in circulation. What about $189 billion paid to FRB on interest to service the debt in 2010? Wiki, a much less reputable source than the GAO reports this number as $164 billion. Regardless, it is more than double what the Federal government spends on education.
The fact that money, the US Dollar, a Federal Reserve debt note, an instrument of debt, is on the bottom portion of the balance sheet of the Federal Reserve, the liabilities side, is direct proof that each US dollar gains interest and that the Federal Reserve system is paid interest on that same debt, the national debt. David Lang and Yelena Takhtamanova both specifically showed the balance sheet of the Federal Reserve banks, and ‘Currency in circulation’ can clearly be seen as a liability. As we know the government does not have to issue debt in order to create currency but the Federal Reserve does anyway, to keep control of the debt slaves… I mean US taxpayers.
Another issue is the fact that while that curve for the currency in circulation looks reasonably tame, keep in mind the fractional reserve banking system and how banks can lend out 10x(and more in cases) on each additional dollar in circulation. The $100 billion printed in October of 2008 really amounted to $1 trillion of financial ‘stimulation’(really the weakening of the dollar) considering the ponzi scheme of irrational fractional reserve banking.
During his presentation David Lang asked the audience if they could name who audits the Federal Reserve. No one in the room was able to answer except for me at 12:45 in the video. I answered with the GAO. I have reviewed many GAO reports to see the corruption hidden with the government, military, and private institutions.
At 28:25 in the video, an Occupy Humboldt protester asks important questions concerning the Federal Reserve, money, debt, the national debt, and inflation. I am not sure if he may have articulated himself as well as he wanted, but his concerns are very important, and were disregarded by the Fed reps. David Lang even goes as far as to echo Yelena Takhtamanova’s simply explanation of what money is. I’m not sure if he was prepared for so many questions, but regardless, his weak non-answer to the Occupy protester proves he is just a pawn in the big picture of things at the Fed of San Fran.
I then asked my question at 31:06, concerning the Federal Reserve bank of San Francisco and whether it was formed as a private institution. He confirmed it is. He also confirms that they pay dividends to their shareholders. But then he quickly reiterated the fact that the Federal Reserve banks paid back profits to the US Treasury. Again this was to cover the main point that the Federal Reserve charges and is paid interest on our debt. To try and keep the youth, the students unaware of a real problem within the private central banking system. Regardless, I was clearly able to capture video of a representative of a Federal Reserve bank confirm they are a private institution.
David Lang’s confirmation flies directly in the face of the lies being pushed by the ill-representing ‘FederalReserve.gov’ site. ‘FederalReserve.gov’ even goes as far as to say , “It is not “owned” by anyone and is not a private, profit-making institution.” They can get away with this because the lines between Federal Reserve Banking System and each of the 12 private central banks that make it up are sometimes muddled, on purpose as we have seen. Each of the 12 individual private Federal Reserve banks charge and receive interest for profit.
What’s even worse about this visit is that these representatives were giving audience information with the supposition that inflation and unemployment would be going down in the future. What they failed to tell the students and the rest of their audience is that their specific bank just posted a report forecasting a 50% chance of global economic recession by the end of Q1 2012. I suppose that important information wasn’t important enough to pass along to the students who will be out looking for jobs in the marketplace soon. I am a Humboldt State University Class of ’09 alumni, School of Business with an empasis in Accounting, and I personally take offense to the Federal Reserve of San Francisco coming to speak with students and not passing this information along.
There were some awake individuals from the community there asking important questions in the question and answer session at the end of the presentation after I had stopped recording due to battery issues. There was a gentleman who spoke about the Weimar Republic and the hyperinflation that occured there in the years after the turn of the last century, and asked what the Federal Reserve would do to prevent a similar situation. Yelena from the SF FRB replied, “That is why we are in place.” This is specifically not the answer the gentlemen was looking for i’m sure. I was able to ask a specific question I had but got an irrelevent answer from David Lang. I first told David and Yelena that I wanted to ask for their feedback on an alternative policy decision, as the presentations by the students were articulating different policy decisions the Fed could take. I explained to everyone that in Bill Still’s ‘The Secret of Oz’, Ellen Brown, the economist and author of ‘Web of Debt‘ presented a policy option. She proposed that rather than the government issuing debt in the form of interest bearing bonds for money, we could use the current authority granted to Congress under the Constitution to allow there to be a few trillion dollar-a-piece coins to be deposited in banks. This would be creating money as an asset instead of a liability, a debt to be charged interest and repaid to the Federal Reserve. This would be stimulative to the economy and not require the Federal Reserve to buy up corporate and government bonds in it’s LSAP(QE) measures.
Instead of any kind of economic policy discussion ensuing, David Lang simply told me this was a ‘legal’ question. A gentleman, more than likely like-minded to myself, quickly chimed in, ‘What’s he’s talking about is the US Constitution, Article 1, Section 8, and it’s one sentence.” I nodded my head in agreement. Still, David Lang stonewalled the discussion and persisted it was a legal issue. I did not want to press him or Yelena. They are not specifically the problem. They are obviously a part of the problem, but do not seem versed enough on the truth behind the corporation they work for. And as this was a student hosted event, I did not want to aggravate any situation. There are hundreds of questions I could have asked these representatives, but I doubt they would be able to shed any light on most of them.
Local media covered this visit but in true to form fashion protected the corporate interests of the Federal Reserve and put out a fluff piece.
Fortunately due to the efforts against the Federal Reserve from people like Ron Paul and Bernie Sanders, there have been audits and information revealed pertaining to some of the really unforgivable corruption being perpetrated by the Federal Reserve.
It would seem as if the global power structure is going to be changing quite a few things around with the next collapse and major restructuring, especially considering the Fed has been in talks with the ECB as we have recently seen. Even the Pope and the Vatican side of the global power structure has called for a world central bank.
Anyone who has been following economics or news information knows that the global economic collapse is imminent. As I said even the Fed of San Fran says it’s 50/50. Even though this was not communicated to the students, many people of all ages are awake to the seriousness of the approaching calamity.
I encourage everyone worldwide to continue their efforts against the control system and especially the unsound central banks like the Federal Reserve and ECB.
If you would like to contact the two representatives from the San Francisco branch of the Federal Reserve their respective email addresses are below.
I was able to ask a specific question I had but got an irrelevent answer from David Lang. I first told David and Yelena that I wanted to ask for their feedback on an alternative policy decision, as the presentations by the students were articulating different policy decisions the Fed could take. I explained to everyone that in Bill Still’s ‘The Secret of Oz’, Ellen Brown, the economist and author of ‘