The precarious financial conditions many states are facing and what they're doing about
it
Financial Conditions
Many States Are Facing
"Austerity?"
(60 minutes) State Budgets: Day of Reckoning
Steve Kroft reports on the precarious financial conditions
many states are facing and what they're doing about it...Austerity Looms Ahead. Be sure to watch the video
below, "The Real meaning of austerity."
Carl Herman Reports :
Secret Govt Slush Funds
Right Under Our Noses
Infowars Nightly Newsinterviewed me for
22 minutes to discuss how states’ Comprehensive Annual Financial Reports (CAFR)
revealtaxpayers have abundant assets already in government
hands to pay for all public goods and services multiple
times.
Summarized
here, California has $600 billion in cash and investments, with all
state government agencies combined having $8 trillion. These amounts translate
into$50,000 per household retained by the state, and a
staggering $650,000 per household combined total.
This is why CAFR data disclosure is one ofthree obvious game-changing solutions a critical mass of the 99% can command to reclaim economic success from the current
capture of the 1%; the other two are monetary and credit reform.
This objective and independently verifiable data also communicates the need
forOccupy victory for
the 99% to recognize and end obvious malfeasance/crimes centering in money and war. This victory literally saves
millions of lives, helps billions, and returns trillions of the 99%’s hard-earned money.
Washington is owned by the private global
banking cartel that owns Wall Street. International law does not apply to this criminal cartel. They stole
trillions of dollars from the American people with help from corrupt politicians over a stretch of many decades,
culminating in the government bailout in 2008, and they have not been held accountable.
These bandits and looters could care less if America crashes and burns. In fact,
they want America to die because they want to institute a private world government upon its ruins. And they’re
doing a fantastic job at it because they’ve had decades of practice in nations in Latin America, Africa, and
Asia where they bought off greedy politicians, and robbed their people through the IMF/World Bank/WTO.
The entire business model of the private global banking tricksters is based on stealing the wealth
of nations, and destroying national independence in order to allow lawless multinational corporations to completely
take over. Read this article about how they do it.
Once nations are put into needless debt by these private global bankers, they put the squeeze on
them by forcing them to pay back usurious loans that make them go bankrupt. After the inevitable mayhem that
follows national collapse, they impose a military dictatorship so that the people can’t resist. Damon Vrabel calls
it the “death of nations.” He writes:
The fact is that most countries are not sovereign (the few that are are being attacked by
CIA/MI6/Mossad or the military). Instead they are administrative districts or customers of the global banking
establishment whose power has grown steadily over time based on the math of the bond market, currently ruled by the
US dollar, and the expansionary nature of fractional lending. Their cult of economists from places like Harvard,
Chicago, and the London School have steadily eroded national sovereignty by forcing debt-based, floating currencies
on countries.
Civilized nations stand up for themselves,
they don’t bow down to private bankers. America can prove to the world that it is civilized, honest, and free by
showing the global banking overlords the door.
The way to fight back against the global robbers at the privately owned Federal Reserve
Bank/IMF/World Bank and the big banks is entirely peaceful. It is a matter of exposing their deviance and deception
to the public, and then hitting the streets. An enemy can’t be defeated unless it remains in the shadows, striking
at will. Directing public light at the private global banking cartel’s evil influence over nations that are thought
to be free and independent by the people is the only way to bring an end to their crimes, and treachery against
Mankind.
A new civilization based on the divine values of freedom, justice, truth, and mutual respect among
nations, and private institutions, can’t be born unless we all come together as global citizens and fight back
against the unlawful rule of the private global banking cartel. Our countries are suffering because of their greed
and ruthless control.
The austerity measures that are being called for by the banks and the elite is bringing chaos onto
the streets of Europe on a scale never before seen, and it won’t be long before America enters the stage. We are
nearing the moment when the globalist conspirators behind the plans for a new world order will openly declare the
end of America. When they do, we shall declare the end of them, and fight for the rebirth of America, and all of
Mankind.
Only an order based on the rule of law and freedom should be accepted. The conspiratorial elite
intend to achieve a new world order through this period of engineered chaos not by law, but by brutal force because
it is the only way to impose a criminal, bank-owned government on a global scale. Despite their rhetoric, these
devilish traitors are not visionary thinkers because corrupt designs for a world state isn’t new in history. Their
arrogance is a cover. They will fail hard. And America will be set free from bondage, along with other nations.
“This is global government, a private corporate global government, taking over every major society
with the same formula. It is fraudulent, and it must be resisted, or we have no future. We cannot allow this new
dark age to begin,” says radio host Alex Jones in a YouTube video message entitled “It’s the Bankers or Us.” Watch
his message, and spread it.
There is a peaceful global revolution against the private global banking cartel, and it can’t be
stopped. Join it and help everyone live free, or die a slave under the empire of debt.
DERIVATIVES : The Debt
Bomb
The derivatives market is the Las Vegas of the world's financial
super elite, worth anywhere between 2 to 8 quadrillion dollars compared to about 70 trillion dollars of world
GDP. We look at the so-called financial innovations of Wall Street from Collateralized Debt Obligations to
Mortgage Backed Securities.
We also look at US government's complicity; White House and Congress both vested
interests not only as recipients of Wall Street largess in the form of campaign donations but as major players with
criminal asymmetrical information and influence advantages.
..."Austerity" is one of those Orwellian terms that has been injected
into our political discourse precisely because it is a nice-sounding word for a very painful reality. "Austerity"
implies discipline, self-restraint, even nobility. "Austerity" is prudent. "Austerity" is modest. "Austerity" is a
virtue. It is an end in itself.
If the IMF or the European Central Bank come to the people of a collapsing European nation and tell them to
sacrifice their pensions and their savings and their very standard of living all for a debt that their government
has fraudulently racked up in their name, no one would go for it, and rightly so.
But tell those same people that they need to implement "austerity measures" in order to "get back on their feet"
economically, and many will be willing to live in the harshest of conditions, content to put up with the
dismantling of their nation itself in the vain hope that by giving more power to the international financial
institutions they can somehow avoid economic collapse...
Chicago Activists Unchained, Destroy Black
Leadership
Published on Oct 27, 2014
http://RebelPundit.com Chicago
activists Paul McKinley, Mark Carter, Joseph Watkins and Harold “Noonie” Ward recently went on the record with
RebelPundit to deliver a message to black communities across the country.
Several groups appealed to the UN on Wednesday to assist in providing affordable water to
the residents of Detroit. In March, the bankrupt city sent 45,000 shutoff notices to residents with overdue bills.
So far, nearly 3,000 have had their water service terminated, and many more fear they are next. RTs Manila Chan has
more details on the circumstances of the plea for help.
- Detroit...take a good look, it's what's instore for you -
An epic semi-fictional docu-drama about a retired auto worker who finds courage to
take a stand when he has a phenomenal experience with a Real American Hero. This film was created in response to
the call by InfoWars.com that will wake people up through Operation Paul Revere.
See the link to the chart for the results of
trade with Mexico. The year NAFTA was ratified, America had a $1 billion trade surplus with Mexico. By 1995,
America had a $16 billion trade deficit with Mexico. Today, America's trade deficit with Mexico is $74 billion. The
facts in the chart make President Clinton, Vice President Gore and all the newspaper editors who wrote editorials
supporting NAFTA look like complete idiots or worse. Ross Perot was absolutely right even though he was not
effective in the debate. Again, no matter what your views are on NAFTA, the chart (link below) speaks for
itself.
Also, this video is significant because it documents how NAFTA was sold to America by its elected leaders. In
hindsight, some of the most ridiculous statements I heard from the debate was from Vice President Al Gore:
1) "They [GM] have started to move jobs back from Mexico to the United States."
2) "If he [Ross Perot] is right, then you give six months notice and you're out of it [NAFTA]."
Lessons learned: Any time your government tries to sell you on a free trade deal with another country that has
disparate living and environmental standards, don't believe it. President Bill Clinton also made similar claims
about free trade with Communist China when he signed a free trade agreement with that country in 1999. Today, the
US has lost countless jobs to Communist China and suffers a staggering and unsustainable $250 billion annual trade
deficit with that country.
Another 'Black Friday' has come and gone. And it has left us with further evidence of the
complete madness of the populace of our nation. America has been dealt a fatal blow by corporate greed, Bankster
malfeasance and the insidious nature of collectivism -- and it's all been done to us by design.
The once proud and independent people of the United States have, in large part, been reduced to servants of the
State. As Aldous Huxley famously noted, "People can actually be made to LOVE their servitude."
Featuring Mike Krieger, Rob Kirby, Chris Duane, Gerald Celente, Bill Murphy and many others, 'Madness 3' offers one
last 'fair warning' for those with the eyes to see and the ears to hear.
We didn't stand up for truth, we didn't stand up for the Constitution, we didn't stand up
for the rule of law. And now the day of reckoning is upon us. Please, prepare.
Please consider protecting yourself & your loved ones with Physical Silver and/or Gold.
THE MADNESS OF A LOST SOCIETY 3
Another 'Black Friday' has come and gone. And it has left us with further evidence of the
complete madness of the populace of our nation. America has been dealt a fatal blow by corporate greed, Bankster
malfeasance and the insidious nature of collectivism -- and it's all been done to us by design.
The once proud and independent people of the United States have, in large part, been reduced to servants of the
State. As Aldous Huxley famously noted, "People can actually be made to LOVE their servitude."
Featuring Mike Krieger, Rob Kirby, Chris Duane, Gerald Celente, Bill Murphy and many others, 'Madness 3' offers one
last 'fair warning' for those with the eyes to see and the ears to hear.
Madness 3: Addendum' features critical information from my original interviews that hit
the cutting room floor and didn't make it into Madness 3, but should have. Jeff Nielson, Chris Duane, The Doc, Bix
Weir, Fabian Calvo, and Daniel Ameduri, provide a body blow for those who still don't believe the end of the Dollar
is near.
Hyperinflation is not a bizarre
event without cause. It is the ultimate end state of policy involving the continual printing of
currency.
"The most important thing to remember is that inflation is
not an act of God; inflation is not a catastrophe of the elements or a disease that comes like the plague.
Inflation is a policy." (Ludwig von Mises, "Economic
Policy")
...There is a monetary pattern that closely
parallels the rise of republics and fall of empires. Initially, money is a tangible commodity. That commodity is
then concentrated by those who issue paper receipts merely representative of the underlying commodity. The reason
for doing this is to lend out more in paper receipts than what can be legitimately backed. In modern parlance, this
is referred to as fractional reserve banking. It permits banks to lend out a multiple compared to what they hold in
the vault. This greatly leverages the amount of interest revenue that can be obtained. Occasionally, this leads to
public panics when people rush en masse to cash in their paper receipts for something tangible once they realize
the scheme for the fraud it actually is.
We live amidst the most modern
version of this story. Through a long and steady process, we now regard the paper as not being a receipt for money,
but as the actual money itself. Banks lend out enormous amounts of credit based on paper reserves. Central banks
stand ready to create whatever new amount of money is required to prevent the spread of panics.
This can only end with the complete
debasement of the currency as it is printed into oblivion. In the twentieth century, many currencies have
experienced this fate.
A General Summary/Crash Course of "The
System" Where It Has Been & Where It Is Going
"I freed a thousand slaves; I
could have freed a thousand more, if only they knew they were slaves."
Only the vigilant can maintain their liberties, and only those who
are constantly and intelligently on the spot can hope to govern themselves effectively by democratic
procedures.
"A society, most of whose members spend a great part of their time,
not on the spot, not here and now and in their calculable future, but somewhere else, in the irrelevant other
worlds of sport and soap opera, of mythology and metaphysical fantasy, will find it hard to resist the
encroachments of those who would manipulate and control it.”
These bandits and looters could care less if America crashes and burns. In fact,
they want America to die because they want to institute a private world government upon its ruins. And they’re
doing a fantastic job at it because they’ve had decades of practice in nations in Latin America, Africa, and
Asia where they bought off greedy politicians, and robbed their people through the IMF/World Bank/WTO.
