Posts Tagged ‘Financial Mess


Facts About The Goldman Sachs Charges By The SEC

-The world economy will certainly crash if Goldman Sachs fails.

-The SEC accusing Goldman Sachs of fraud is hilarious.  The Federal Reserve and the IMF own the SEC, and all of the players of the Fed and IMF are Goldman Sachs front men.  Are you seriously going to tell me that the SEC is not being told to go after Goldman Sachs for the good of our country?  Goldman Sachs ordered the SEC to persue these actions against themselves.

-Goldman Sachs is Raum Emanuel’s baby, and they are running the whole show and are responsible for the legislation that is passed.  Goldman Sachs and the other big banks have been running the United States for over a hundred years.  They want to have a one world government so that everyone in the world will pay their taxes directly to them.

-Goldman Sachs is sacrificing themselves for the “greater good” of the Elites.  They don’t mind doing this because they have already raped us all of almost everything we have.  They have all the money, and now they want all the power.

-With Goldman Sachs basically throwing themselves on their sword opens up a brand new world of control for the Elites.  When the whole world economy collapses because of Goldman Sachs failing, the legislation that will come out of this manufactured crisis would be any Dictator’s wet dream come true.  They will use this crisis to usher in their much talked about New World Order, where we are the slaves and they are our masters.

I believe that Goldman Sachs picked this moment of time to implement their evil plan for a few reasons.  We all know the economy is not recovering, and it is getting worse.  The Stimulus money to the States is going to run out at the end of the month.  The event we couldn’t see being planned by the Elites was the eruption of the volcano in Iceland.  Look at how devastating this is to the people who can’t travel to do business and the airlines are basically being held hostage because the govt’s of Europe “say” it’s not safe to fly.  The airlines are already asking for bailouts because of the money being lost.  There are a lot more factors involved I know, but these are the one’s that stick out to me.

Bottom line:  What a perfect time to crash everything when, if you’re Goldman Sachs, you have the power to pick the time and place to bring about the collapse of modern civilization.


Terrorism And Disasters As Stimulus


THE Most Important Chart of the CENTURY

By Nathan Martin

The latest U.S. Treasury Z1 Flow of Funds report was released on March 11, 2010, bringing the data current through the end of 2009. What follows is the most important chart of your lifetime. It relegates almost all modern economists and economic theory to the dustbin of history. Any economic theory, formula, or relationship that does not consider this non-linear relationship of DEBT and phase transition is destined to fail.It explains the “jobless” recoveries of the past and how each recent economic cycle produces higher money figures, yet lower employment. It explains why we are seeing debt driven events that circle the globe. It explains the psychological uneasiness that underpins this point in history, the elephant in the room that nobody sees or can describe.

This is a very simple chart. It takes the change in GDP and divides it by the change in Debt. What it shows is how much productivity is gained by infusing $1 of debt into our debt backed money system.

Back in the early 1960s a dollar of new debt added almost a dollar to the nation’s output of goods and services. As more debt enters the system the productivity gained by new debt diminishes. This produced a path that was following a diminishing line targeting ZERO in the year 2015. This meant that we could expect that each new dollar of debt added in the year 2015 would add NOTHING to our productivity.

Then a funny thing happened along the way. Macroeconomic DEBT SATURATION occurred causing a phase transition with our debt relationship. This is because total income can no longer support total debt. In the third quarter of 2009 each dollar of debt added produced NEGATIVE 15 cents of productivity, and at the end of 2009, each dollar of new debt now SUBTRACTS 45 cents from GDP!

This is mathematical PROOF that debt saturation has occurred. Continuing to add debt into a saturated system, where all money is debt, leads only to future defaults and to higher unemployment.

This is the dilemma created by our top down debt backed money structure. Because all money is backed by a liability, and carries interest, it guarantees mathematically that there will be losers and that the system will eventually reach the natural limits, the ability of incomes to service debt.

The data for the diminishing productivity of debt chart comes from the U.S. Treasury’s latest Z1 data. Click here to view the Treasury report

I included Financial debt onto the end of the table, that data comes from page 14 of the Z1 report.

This table makes clear what is happening. Business, household, and financial debt is trying to cleanse itself, to bring the level of debt back within the ability of incomes to support it. Our governments, armed with people who cannot explain the common sense behind debt saturation, are attempting to compensate by producing prolific amounts of Governmental debt.

They feel they must do this because if they do not, then debt and money – since debt backs our money – would both decrease and that would cause the economy to slow. But by adding money, and debt, they have created a sovereign issue where our nation’s income cannot possibly service our nation’s debt. In just the month of February, for example, our nation took in $107 billion, but spent $328 billion, a $221 billion shortfall. That one month shortfall exceeds all the combined shortfalls of the entire Nixon Administration – one month.

This is like an individual earning $5,000 but spending $15,000 a month. Would you lend your money to such an individual?

Last year we spent just under $400 billion on interest on our current debt, plus we spend another $1.5 Trillion buying down rates via Freddie, Fannie, and Quantitative Easing. That’s $1.9 Trillion spent on interest, most of which wound up in the hands of the central banks and their surrogates. Compared to our $2.2 Trillion in income, interest expense last year nearly took it all. That means that nearly all your productive effort used to pay Federal taxes last year were transferred to the central banks.

Modern monetary theory does not understand, nor does it correctly describe the debt backed money world in which we live. Velocity, for example, slows as debt saturation occurs. This is only common sense, and yet the formulas do not account for the bad math of debt, nor its non linear function. Velocity is blamed partially on the psychology of “consumers.” What nonsense. It is as mechanical as the engine in your car, it was designed that way. Once people, businesses, and governments become saturated with debt, new money/ debt when introduced can only be used to service prior existing debt.

Thus money creation at the saturation point stops adding to productive efforts and becomes a roll-over affair with only the financial services industry profiting via interest and fees. In other words, money goes out and circles right back around to the banks instead of rippling through a healthy non saturated economy. If you cannot follow that most simple logic, then going to Harvard will not help you.

Below is a chart of the Gross Federal Debt, it is now $12.6 Trillion dollars and headed straight up, a classic parabolic rise:

Below is a chart of the Gross Federal Debt expressed in year-over-year change in billions of dollars. The same phase transition of debt saturation is clear as a bell.

Below is a chart of Federal Net Outlays, parabolic and again headed straight up:

Clearly this is not sustainable and that means that change to our monetary system is rapidly approaching. No, it will not be left to your children or your grandchildren. It is an immediate problem and fortunately there is an immediate solution. That solution is called “Freedom’s Vision.” It can be found at

That chart of diminishing returns is the window to understanding why humankind is trapped in a central banker debt backed money box. No money for NASA manned space flight – NASA’s total budget a puny $18 billion in comparison to the $1.9 Trillion that went to service the bankers last year. One half the schools closing in Kansas City, states whose debts and budget deficits seem insurmountable all pale in comparison to how much money went to service the use of our own money system.

It doesn’t have to be like that, in fact it’s a ridiculous notion that the people of the United States, or any country, should pay private individuals for the use of their money system. Ridiculous!

It’s difficult to see this from inside the box, so let’s look at what happened to Iceland to illustrate. The central banks of the world created financial engineered products and brought them to the banks of Iceland. These products created a boom in the amount of credit. Prices of everything rose, and the people of Iceland then had no choice but to go along for the bubble ride. Then with incomes no longer able to service the bubble debt, the bubble collapsed.

To “save the day,” the IMF and central bankers around the world rushed in to “rescue” the people, banks, and government of Iceland. They did this by offering loans… documents that create money simply by signing a contract of debt servitude. That contract demanded ownership of Iceland’s infrastructure such as their geothermal electrical generating plants. It also demanded the future productivity of the people of Iceland in that they should work and pay high taxes for decades to pay back this “debt.” Debt that they did not create or agree to service in the first place!

There were some wise people who saw through this central banker game and started a movement. They DEMANDED that the President of Iceland put the debt servitude to a vote and the people wisely said, “Central Bankers Pound Sand!”

Thus they now control their own destiny, their future productive efforts still belong to them.

It’s easy to see from the outside looking in, but it’s not so easy to see that it’s EXACTLY the same thing occurring in the United States and no one is rising up to stop it. No one, that is, except the movement of people at

To all the naysayers who think the people do not have the power to make the change, I say take a look at history and how humankind has overcome its obstacles to progress with each new step. Mankind is now teetering between the brink and the dawn of a new renaissance. A new renaissance is coming because mankind is about to free itself from the chains of needless debt that are holding humanity back.


I Don’t Know What This All Means, But I know It’s Not Good

I just saw this article:

Brace yourselves, we’re going down hard. GDP could be ready to crash.

Very scary chart at ClusterStock.

…their Daily Growth Index just crashed, which means that U.S. GDP growth could be about to slump as well…

scary chart

This metric of CMI’s has been tracking the GDP pretty closely since 2006 and seems to lead “official” figures by 2-3 months. It just fell off a cliff. A “long hot summer” could be on the way just in time to take the impending Democrat blood bath “to the the next level”.


Posted by: Purple Avenger at 04:17 PM

I just got off the phone with a knowledgeable friend about this, and this is something of a gamechanger you might say. Get ready for something we’ve never seen before in our lifetime if this is what I think it is.


(Video) Gold Vs. The Dollar – Inflation Explained Simply


We’re Going About This The Wrong Way

Everyone seems to be saying that we need to vote out the incumbents and Democrats in 2010 and vote in a different President in 2012 for this Republic to survive.

I have news for you.  It isn’t going to work.

Here’s why:

-The Elites are going to go on the offensive hardcore against us before the 2010 elections.

-Even if the Elites decide to wait until after the 2010 elections to decimate us, they have already paid off all the people running for these seats.  We’re screwed either way we go with our upcoming elections, if they will even be held.

Here’s what we need to do:

We need to, ummm, how do I want to say this.  I say we need to “vote out” the banks that are controlling every aspect of our lives through the paid whores called politicians.  The banks have had a sympathetic ear of most, not all, of our Presidents and Congresses dating back to Andrew Jackson.

The banks are the ones responsible for many ills of our nation, including:

-All of the wars we have been in since our Founder’s deaths.

-The income tax, social security, medicare, welfare, etc.  All of the entitlement programs originated from these people.

-The insane bust/boom economic cycles we have gone through by way of the Federal Reserve.

We need to “vote out” the banks who are controlling this great country.  If we “vote out” the banks, we take away the control they mire onto our system, and then We, The People of the United States of America can take back that control that the Constitution promises us, and control the politicians like we were supposed to when this Republic was created.

The Founding Fathers, among others, have warned us of the dangers of these institutions and the danger they pose to a free people.  They knew King George planned on taking us over again.  They knew he wouldn’t do it with a military war, but with a financial war.  They also knew that he would, and could, take his time in doing it.  Think about it.  We were the only nation to kick the British Empire’s ass, and we shoved their faces in the mud by doing it.  Do you really think that the Empire would leave us alone after that?  No, because they have always been a conquering nation, and they still are today.  We’ve had Presidents and Congresses who say they are our allies, when in fact, they are committing treason by letting them take us over again.

The bankers are only afraid of one thing:

-The American people who want true, pure freedom once again.  We are a force to reckon with.  We have the will to “vote them out” and they know we will fight for our freedoms, just as our Founders did.

Why else would the banks be doing this:

Goldman Sachs Staff Buying Guns ‘To Defend Themselves Against Public Uprising’

“The bank hath benefit of interest on all monies that it creates out of nothing.
– William Paterson (1658-1719), International Banker, in 1694 obtained the charter over the Bank of England and the money system fell into private hands.

“Permit me to issue and control the money of a nation, and I care not who makes its laws!“
– Mayer Amschel Rothschild (1744-1812)

“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it’s issuance
– President James Madison (1809-1817)

“I believe that banking institutions are more dangerous to our liberties than standing armies
– Thomas Jefferson

“The refusal of King George III to allow the colonies to operate an honest money system, which freed the ordinary man from the clutches of the money manipulators, was probably the prime cause of the Revolution.”
– Benjamin Franklin (Founding Father of the United States)

“The Congress shall have power to… coin money [and] regulate the value thereof.”
– Section 8, U.S. Constitution, 1783

If the American people ever allow the banks to control the issuance of their currency (instead of Congress), first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied. The issuing power of money should be taken from the banks and restored to Congress and the people to whom it belongs.”
-Thomas Jefferson, letter to then Secretary of the Treasury, Albert Gallatin, 1802

“The eyes of our citizens are not sufficiently open to the true cause of our distress. They ascribe them to everything but their true cause, the banking system
– Thomas Jefferson

“All the perplexities, confusion and distress in America arise not from defects in our Constitution; not from want of honour or virtue, so much as from downright ignorance of the nature of coin, credit and circulation.”
– President John Adams, 2nd U.S. President

I killed the bank.
– Written on the grave of Andrew Jackson (1767-1845)

“The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
– John Sherman letter sent to New York bankers, Morton, and Gould, in support of the then proposed National Banking Act, 1863

Whoever controls the volume of money in any country is absolute master of all industry and commerce.”

– President James A. Garfield, assassinated 1881

“People who will not turn a shovel of dirt on the project, nor contribute a pound of material, will collect more money, from the United States, than will the people, who supply all the material and do all the work. This is the terrible thing about interest… But here is the point: If the nation can issue a dollar bond, it can also issue a dollar bill. The element that makes the bond good, makes the bill good, also. The difference, between the bond and the bill, is that the bond lets the money-broker collect twice the amount of the bond, and an additional 20%. Whereas the currency, the honest sort, provided by the Constitution, pays nobody, but those, who contribute in some useful way. It is absurd, to say that our country can issue bonds, and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the people.”
– Thomas Edison

The Morgan interests took advantage… to precipitate the panic [of 1907], guiding it shrewdly as it progressed.
– Life Magazine, 1907

Let me control a peoples currency and I care not who makes their laws.”
– Meyer Nathaniel Rothschild in a speech to a gathering of world bankers February 12, 1912, a requote of his ancestor Mayer Amschel.

“This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President Wilson signs this bill, the invisible government of the monetary power will be legalized….the worst legislative crime of the ages is perpetrated by this banking and currency bill. From now on, depressions will be scientifically created.”
– Charles A. Lindbergh, Sr., 1913

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit… We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the world – no longer a Government of free opinion, no longer a Government by conviction and vote of the majority, but a Government by the opinion and duress of small groups of dominant men.”
– Woodrow Wilson, 1919

“The financial system has been turned over to the Federal Reserve Board. That Board administers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money”
– Charles A. Lindbergh, Sr., 1923

“I am afraid that the ordinary citizen will not like to be told that the banks can and do CREATE money, and they who control the credit of the nation direct the policies of governments and hold in their hands the destiny of the people.”
– Reginald McKenna (1863-1943), President of the Midlands Bank of England, UK Chancellor 1915-16, January 1924

“When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed (Reserve) to conceal its powers but the truth is — the Fed has usurped the government!”
? Congressman Louis McFadden, Chairman of House Comm. on Banking and Currency from 1920 to 1931

“Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the Fed. The Fed has cheated the government of these United States and the people of the United States out of enough money to pay the Nation’s debt. The depredations and iniquities of the Fed has cost this country enough money to pay the National debt several times over. These twelve private credit monopolies were deceitfully and disloyally foisted upon this country by the bankers who came here from Europe and repaid us our hospitality by undermining our American institutions. Those bankers took money out of this country to finance Japan in a war against Russia. They created a reign of terror in Russia with our money in order to help that war along. They instigated the separate peace between Germany and Russia and thus drove a wedge between the Allies in the World War.”
? Congressman Louis T. McFadden, Chairman of House Banking Committee 1921 through 1931 — in a speech made before the House in 1934

“[The Depression] was a carefully contrived occurrence. International bankers sought to bring about a condition of despair, so that they might emerge the rulers of us all.
– Louis T McFadden

“The depression was the calculated ‘shearing’ of the public by the World Money powers, triggered by the planned sudden shortage of supply of call money in the New York money market….The One World Government leaders and their ever close bankers have now acquired full control of the money and credit machinery of the U.S. via the creation of the privately owned Federal Reserve Bank.
– Curtis Dall, FDR’s son-in-law as quoted in his book, My Exploited Father-in-Law

“The real truth of the matter is that a financial element in the large centers has owned the government since the days of Andrew Jackson.”

– President FD Roosevelt (1933-1945)

“Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits.
– Sir Josiah Stamp (1880-1941), President of the Bank of England in the 1920’s, the second richest man in Britain

“The Federal Reserve is one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this Nation is run by the international bankers.
? Congressman Louis T. McFadden, Chairman of the House Banking and Currency Committee, June 20, 1932

“Some people think the Federal Reserve Banks are United States Government Institution. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers.
– Congressman Louis T. McFadden, Chairman of the House Banking and Currency Committee, June 20, 1932

“Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency… By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and while the process impoverishes many, it actually enriches some… The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.
– John Maynard Keynes

“The increase in the assets of the Federal Reserve banks from 143 million dollars in 1913 to 45 billion dollars in 1949 went directly to the private stockholders of the [federal reserve] banks.
– Eustace Mullins In Secrets of the Federal Reserve (1952)

“Here are the simple facts of the great betrayal. Wilson and House knew that they were doing something momentous. One cannot fathom men’s motive’s and this pair probably believed in what they were up to. What they did not believe in was representative government. They believed in government by an uncontrolled oligarchy whose acts would only become apparent after an interval so long that the electorate would be forever incapable of doing anything efficient to remedy depredations.
– Ezra Pound in the intro to Secrets of the Federal Reserve (1952)

The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences. The apex of the system was the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the worlds’ central banks which were themselves private corporations. The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.”
– Professor Carroll Quigley, 1966

“The people must be helped to think naturally about money. They must be told what it is, and what makes it money, and what are the possible tricks of the present which put nations and peoples under the control of the few. If the American people knew the corruption in our money system there would revolution before morning!
? Henry Ford, Sr (1863-1947)

We have gold because we cannot trust Governments.”
– President Herbert Hoover (1929-1933)

“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.”
– Alan Greenspan, in 1966, before becoming Chairman of the Federal Reserve Board, 1987-2006.

“This is a staggering thought. We are completely dependent on the commercial Banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the Banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon.”
? Robert H. Hemphill (Credit Manager of Federal Reserve Bank, Atlanta, Ga.)

“I cannot morally blame all Americans for allowing, for instance, the birth of the Federal Reserve System and the money destruction that has followed. They are simply ignorant about it and don’t know what happened or what is happening. They think that prices go up rather than that dollars go down.
– Robert R. Prechter, Jr, economist born 1949

“When you or I write a check there must be sufficient funds in out account to cover the check, but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money.
– Boston Federal Reserve Bank

“Every Congressman, every Senator knows precisely what causes inflation…but can’t support the drastic reforms to stop it because it could cost him his job.
– Robert A. Heinlein, Expanded Universe, 1980


Stock Split Doesn’t Sound Like It’s A Good Thing

I’m not too keen on market things, but I haven’t seen something like this happen since the late 90’s, plus it happened during the HC Summit distraction:

To all who trade this manipulated lunacy, you have our sympathies. A 1% market move equates to well over $100 billion in market capitalization. And this value just materialized because Apple stock will (allegedly) be $50/share instead of $200, so the quadrillions in cash on the sidelines can buy buy 4 shares where before they could buy one. Just brilliant. Goldman/JPM/33 Liberty just raped everybody for lunch. And to complete the lunacy, this just made top Bloomberg news. The absurdity is just surreal. In other news, the Greek revolution will be televized in 1 minute YouTube 360×240 mp4 clips via iPhone.

Feb. 25 (Bloomberg) — U.S. stocks pared losses, rebounding from the biggest drop in three weeks, as the Dollar Index reversed its advance and Apple Inc. shares jumped.

The Standard & Poor’s 500 Index retreated 0.6 percent to 1,098.49 at 2:03 p.m. in New York after slumping as much as 1.7 percent. Apple pared its drop to 0.2 percent.

Last Updated: February 25, 2010 14:05 EST

What This Blog Is About

From the signing of the Declaration of Independence on July 4, 1776 to the deaths of Founding Fathers John Adams and Thomas Jefferson on July 4, 1826, we had 50 years to the day of pure, God given freedoms. On July 5, 1826, that all changed.

We need to fight back against tyranny so we can get back to those 50 years of our Republic's birth.

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