The “rescue package” is a Trojan Horse folks. It is the method by which the banks are trying to convince us to allocate resources in a wasteful manner, to supposedly save society, when, in point of fact, nothing could be further from the truth.

The reason credit is drying up for “main street” as they so often put it, is because the failing banks are absorbing ever-more liquidity, while everyone else is left to fight for the crumbs. Let the bad banks fail, every last one of them, down to JP Morgan Chase.

If they can’t manage their affairs, they certainly can’t help us manage ours. They need to go and we need to move on.

The Rescue Package Will Delay Recovery

Daily Article by Frank Shostak | Posted on 9/29/2008 | mises.org

In his testimony to the Congress on September 24, Fed Chairman Bernanke urged the legislators to quickly approve the bailout of the financial sector with a package of $700 billion. Bernanke echoed Treasury Secretary Paulson’s view that the bailout expense, while hefty, is needed to remove from banks’ balance sheets the mortgage-linked assets, which are paralyzing the flow of credit.

I think it’s extraordinarily important to understand that as we have seen many previous examples in different countries and in different times that choking up of credit is like taking the lifeblood away from the economy.

Most experts came out in strong support for the package. Without the rescue package, many large institutions that are “too big to fail” could go belly up. Many believe that the consequences of all this could be very severe to the real economy.

It is true that the financial system must be rescued; it must be rescued from the institutions holding bad debt that are currently draining capital while waiting for a bailout and adding little in return. It is they that are preventing wealth-generating activities in the financial sector and the other parts of the economy from expanding real wealth.

The Essence of Economic Adjustment

Conventional thinking presents economic adjustment — also labeled as “economic recession” — as something terrible, even the end of the world. In fact, economic adjustment is not menacing or terrible; from an economic point of view, it is nothing more than a time when scarce resources are reallocated in accordance with consumers’ priorities.

Allowing the market to do the allocation always leads to better results. Even the founder of the Soviet Union, Vladimir Lenin, understood this when he introduced the market mechanism for a brief period in March 1921 to restore the supply of goods and prevent economic catastrophe. Yet for some strange reason, most experts these days cling to the view that the market cannot be trusted in difficult times like these.

If central bankers and government bureaucrats can fix things in difficult times, why not in good times too? Why not have a fully controlled economy and all the problems will be fixed forever? The collapse of the Soviet Union’s centralized system is the best testimony one can have that controls don’t work. A better way to fix economic problems is to allow entrepreneurs the freedom to allocate resources in accordance with society’s priorities.
Read the rest of this entry »

I urge those of you who understand what you are in for if a bailout is done to write your congressmen and tell them that you will not stand for this kind of financial absurdity.  We need to stop the bailout, allow the insolvent institutions to fail and return to sound money.

Here’s what I recently wrote to my congressmen via votenobailout.org.

It really infuriates me to see the Congress giving the White House and its Secretary of the Treasury the power to transfer the people’s money to wealthy bankers on Wall Street.

These are the same people who got us into this mess and bailing them out most certainly isn’t going to get us out.

As a citizen of the united States of America I demand that you vote No to the Bailout legislation. Read the rest of this entry »

There is a man named John McCain in Washington DC (District of Criminals), who has done a great deal of lying, to push the United States into war with Iraq and Afghanistan.  If that weren’t enough bloodshed, he would also like to drag us into another war with Iran.

Perhaps, one of these days, we will see convened a special tribunal, for men like McCain.  During the tribunal, it would be nice to show all of the contradictory public statements and fabrications, with a video much like the one below.

This video illustrates McCain’s many lies and contradictions better than any I have seen thus far:

John McNugget is a puppet, doing the bidding of oligarchs in the United Kingdom who want to see the end of America as we know it.  If elected, the butcher of Baghdad will drag the nation into more wars, until it is utterly bankrupt (both morally and literally) and chaos descends upon the streets of the united States of America.

Let us pray that this psychopath’s delusions of grandeur and empire are cut short, and he is not allowed to become the next President.

If there really were any justice in this world, the tribunal would be convened sometime in 2009.  It looks like he, and others like him, face an even worse fate.  Their souls will bear the weight of their mis-deeds for all of eternity, as they burn in their own self-imposed hell-on-Earth.  This is the hell that McCain dreams of creating each night, while he is asleep.

I firmly believe that this man works for interests, who are opposed to the evolution of human-kind.  I would love to see the a grass-roots change in the minds of people everywhere that could stop this.

But alas, despite all of this man’s lies and inaccuracies, I still see McCain bumper stickers everywhere I go.  There is an old saying, “In the Land of the Blind, the one-eye is king.”

Will this and other satanically inspired men rule the global war on humanity?  The answer is yes, if we continue to do what we are doing.

Back in 2006, Lindsey Williams addressed the Q2 conference in Cancun, Mexico, regarding a variety of important matters. He discussed the so-called “energy crisis”, the coming hyper-inflation, and the methods by-which the wealthy control the financial system.

He started by discussing his book The Energy Non-Crisis, a book that he wrote, based upon his experiences as chaplain on the trans-Alaska oil pipeline.

During his time in Alaska, Lindsey Williams learned that there is a massive supply of oil at Prudhoe Bay, on the North Slope of Alaska. Enough oil to drop the price of gasoline at the gas pump significantly.

Williams also learned that the Government of the United States refused to allow this oil to enter the markets, when it learned of the Prudhoe Bay find.

Pumping the oil out of the North Slope was banned because, if the USA had cheap and plentiful oil, the oil producing nations would no-longer have a reason to purchase US treasury securities. Also it would lower the profit margin for the oil cartels.

Cheap oil would cause the US Dollar to quickly collapse, since the ties between the united States of America and these nations would effectively be severed. This will happen anyways, however, since wall-street has effectively lost its strangle-hold on the oil market, with the waning of the petro-dollar and the rise of the petro-euro.

During his speech, back in 2006, he predicted oil at over $130/bbl and gold at $1000, both of which we are seeing today. Indeed, Lindsey Williams has demonstrated, time and again, that his information is valid and credible.

A great deal can be learned from this man’s books and lectures. Here is the Q2 lecture for your own enlightenment. See the Lindsey Williams tag for more of the information posted on this site.

This week we witnessed the beginnings of the un-doing of the United States economy. On Thursday the Dow Jones plummeted over 350 points while gold vaulted up over 30 dollars. The glue that holds our fragile economy together is starting to come undone.

The useful idiots in congress are talking, more than ever, about preemptive warfare with the nation of Iran. This is the same sort of chatter that happened in the time leading up to the war with Iraq. The stupidity of the American public never ceases to amaze me.

There is no evidence that Iran is producing nuclear weaponry. They have been subject to surprise inspections and the inspectors have found nothing; yet Israel and United States wish to bomb them anyways.

The individuals who advocate this sort of behavior, pre-emptively destroying the lives of other people without even investigating why it is being done, are even worse than rapists and serial killers.

I don’t give a damn if you’re just ignorant, turning a blind eye, or whatever your excuse is.

Another war will impoverish the people even further. The price of energy will double or triple and the whole world will be brought into a massive depression.

Remember what happened when the economy of Germany was in shambles after WWI. They witnessed the Nazification of their nation, and we too shall witness the Nazification of the United States of America, if we just sit back and allow this slaughter to occur.

The American people have to get up off the couch, put the soda down, drop the TV controller, turn off the game console. Get up and do something about this before it is too late. We need fundamental changes in the lives of each and every one of us, if we are to hold off the forces of darkness.

If we fail here, then our children and grandchildren will live in a world that you wouldn’t wish on anyone.

What kind of a people are Americans? Are they the kind who would allow horrible things to happen to others for no good reason? Or do they have a spine and the will to stand up for something bigger than themselves.

Will they stop listening to McCain, Gore, Obama, Clinton and instead listen to their hearts? Are we going to fail the next generation or are we going to turn this situation around?

Our success or failure here will be looked at for generations…

The HAARP project is a United States government project to project billions of watts worth of radio waves into the ionosphere. Radio waves have the potential to cause vibrations in the ground and can thus cause earthquakes.

This means that the controllers of HAARP have the ability to modify, what had been exclusively a natural phenomena, as well as weather patterns.

Over the skies of the Sichuan, China epicenter, where the major earthquakes have been happening recently, a rainbow colored cloud was seen, just minutes before the first big quake.

Benjamin Fulford did an interesting investigation into the evidence surrounding these claims. He also noted that a mysterious plasma weapon was seen prior to the Niigata earthquake in July 2007.

Taiwanese satellites measured a 50% drop in ionospheric energy above the Sichuan epicenter on the day before the quake. Both earthquakes seem to have happened near nuclear military facilities.

Tod Hoffman | McGill Reporter

Management professor Reuven Brenner bristles at superficial thinking and the ill-founded myths it tends to perpetuate. He rails against the type of academics who propagate them with meaningless jargon under the guise of science. How, he wonders, can some social scientists possibly believe what they do is scientific?

“It’s a function of them having nothing to say,” he shrugs during a conversation in his Bronfman Building office. Obscure, pompous language uttered by those with a claim to expertise is quickly mistaken for science by those without the understanding to issue an authoritative challenge. The true challenge for the academic is to make an argument clearly, without resort to obscurity.

The holder of the Repap Chair of Business for the past decade at McGill, Brenner has just published The Financial Century: From Turmoils to Triumphs (Stoddart), a jargon-free volume with much to say about how societies can achieve prosperity and some barbed observations about how governments often get in the way.

Prosperity, he writes, is a consequence of “matching talent with capital, and holding both sides accountable.” Open, democratized financial markets and access to capital promise the most benefits to the most people. Private, as opposed to public, institutions have the most incentive to distribute capital wisely and prudently. Government, he writes, “can make many more and greater mistakes, and they can also fail to correct them.” Read the rest of this entry »

My friends, we are past the point of no-return, from which we could salvage the current monetary system. The present system is experiencing systemic world-wide hyper-inflation, which will only be stopped when a new monetary system is introduced.

Lyndon LaRouche believes that there is no more future for this monetary system. He says that we are at a cross-roads, where we can choose between two paths.

On the one hand, we could choose to use warfare and welfare to prolong the life-span of the current system. Such an approach would drag our world into another dark-age.

On the other hand, we could choose a new system, in which we have a stable monetary system, which rewards productivity and stability; a system which increases food production instead of fighting over the few scraps that are available.

Like Weimar Germany, the productive capacity of our real economy has been destroyed. However, we have done this to ourselves, through our adherence to the belief in globalization.

As the price of gasoline at the pump passes four dollars, the myth of peak oil seems more real than ever. An empirical look at the reality of the situation, however, shows that the opposite is actually true. We are in a period of record oil availability, yet the price of crude increases endlessly.

For those of you who haven’t figured it out already, what we are witnessing here is a Malthusian effort to reduce the human population of earth and steal wealth from the lower castes. Higher oil prices are an easy way of starving people and killing off “undesirables.”

Lindsey Williams is one of the researchers who really enhanced my understanding. His book, “The Energy Non-Crisis” is an excellent expose of our situation. Here are some excerpts:

Peak Oil Hoax - The Energy Non-Crisis

By Lindsey Williams
Reformation.org
2-14-6

The following are small excerpts from chapters in Mr. Willims book ‘The Energy Non-Crisis’

CHAPTER 1 - The Great Oil Deception … There is no true energy crisis. There never has been an energy crisis . . . except as it has been produced by the Federal government for the purpose of controlling the American people. …

CHAPTER 3 - Shut Down That Pipeline … My friend answered, “Well, Brother Lindsey, that’s one of the major cross-country pipelines carrying crude oil from the West to the East.” “Ah,” I answered, “That’s rather interesting. I’ve heard there’s a possibility of an energy crisis. I’m sure glad those pumps are running full speed ahead.” … That was in 1972. You will remember that 1973 was the first time we were told there was really an energy crisis. The East Coast was used as a test for that energy crisis, and there were long lines of people waiting, burning fuel while they waited in line for gas they couldn’t get. … Well, the man finally recognized that I was getting a little bit indignant and he said, “well, mister, if you really want to know the truth, the truth is the Federal government has ordered us to close this pipeline down.” The old Westerner went on and told how he stood up to the boss man, “Why man, I can hardly believe that. After all, we’ve got an energy crisis.” The boss man answered him, “Sir, we’re closing it down because we’ve been ordered to.” … Read the rest of this entry »

Bill Maher had some thought provoking things to say about the Catholic church as well as the situation at the polygamist “compound” (apartment?) in Texas.

I think the jist of Maher’s statement is: even if these people in Texas are molesting children, which is quite doubtful in my opinion; they haven’t done nearly the damage that the Catholic Church has done to its victims.

There’s actually plenty of documentation to prove what the Catholic Church has done.

There is really no proof yet, of what the media is trying to insinuate, to be happening on with the Polygamist Mormon group.

I’ve noticed today that a number of organizations are trying to chastise Bill Maher for his comments about the Catholic Church. Many of these messages were very strongly worded, saying that “it was all lies” and other typical catch phrases.

I am here to tell you, however, that everything Bill Maher said has been documented extensively and thoroughly, time and again.

The Catholic Church is at the HEART of the corruption, worldwide. Indeed tens of thousands of children have been molested by pedophile priests. Also, countless individuals have died in wars perpetrated by the Vatican, and the international banking cartels started by the Pope in the 1500’s.