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Fed Cred is Dead

Fed Cred is Dead

The economy is a two-headed monster. One head is the trade in real goods and real services. The other head is the financialized traffic in swindles and frauds that surrounds banking. There is some deception and overlap about which is which. For instance so-called health care might be perceived as a real service. In fact, it’s a hostage racket, designed to victimize “patients” at their weakest, with a “protection” premium that easily runs to $12,000-a-year for a married couple, even when they aren’t sick, and vulnerable. Just see what happens if you go to an emergency room with an injury that requires six stitches. Next stop: re-po land.

Most of the remaining on-the-ground economy consists of people merely driving their cars absurd distances, burning gasoline, between exquisitely-tuned giant warehouse store operations that were designed to destroy local Main Street trade — and accomplished that, by the way, to the applause of the local citizens whose towns were destroyed (“We want bargain shopping!”).

Now, of course, even WalMart is looking over its shoulder at the collapse of the complex arrangements that allowed it to metastasize across North America like some cancerous fungus. Globalism is winding down as the gargantuan matrix of Ponzi schemes based on owed money dissolves debt by debt. It isn’t long before nobody is a credit-worthy borrower, and no transaction in real goods can be risked unless cash hits the barrelhead — which turns out to be a very awkward way of doing business.

It’s especially like this these days in the so-called “emerging markets” — e.g. places in the world with large populations of willing factory slaves. The traffic in shipping-out containers full of flat screen TVs (or shipping-in the raw materials to make them) won’t work very well without letters-of-credit, which are promises between banks to make sure that the stuff on the receiving end gets paid for. 

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Dictators and Billionaires Demand Creation of UN Tax Agency

Dictators and Billionaires Demand Creation of UN Tax Agency

Dictators and Billionaires Demand Creation of UN Tax Agency

As globalist forces and the international institutions they control openly prepare to plunder humanity’s wealth, Third World dictators and tax-funded “civil society” groups havestepped up their demands for a United Nations tax authority — supposedly to ensure that they all get their “fair share” of the loot from Western taxpayers and businesses. The coalition to create the proposed UN tax regime includes more than 130 national governments and dictatorships involved in the G77, which recently demanded a “New World Order to Live Well,” along with various shadowy front groups funded by the European Union and globalist billionaires such as Bill Gates. Key elements of the plot were unsuccesful, this time, but the global-tax agenda and those pushing it are not going away any time soon — and they did manage to create “Tax Inspectors Without Borders.”

The radical proposal to further empower the UN on tax issues faced some resistance at a recent UN summit in Ethiopia aimed at extracting trillions of dollars each year from humanity to shower on dictators, global governance, and “sustainable development” schemes. However, opponents of creating the UN tax agency were hardly arguing from a principled position. Instead, they were arguing in favor of further empowering other globalist outfits, such as the Organization for Economic Cooperation and Development (OECD), to impose the global tax regime on humanity. That is already underway, and the differences are largely irrelevant.

But while the proposal for a full-fledged UN tax agency was defeated at the summit, global taxation apparatchiks did make some major progress moving the agenda forward. Among other schemes, delegates at the UN Financing for Development Conference in Addis Ababa last week approved a motion to have a UN Committee of Experts on International Tax Matters meet twice a year. 

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The world of Globalism, the galaxy of slavery

The world of Globalism, the galaxy of slavery

“Try looking at the world as a giant three-volume science fiction novel. Organizations of stupefying complexity rule the scene. There is an upside to this. You can gain a much deeper understanding of the archetype of the Rebel against the system.” (The Underground, Jon Rappoport)

“What’s that you said? ‘We gave away our power?’ We? What ‘we’ is that? Did I miss a big meeting in the desert where we all got together and gave it away? Who are you anyway? A PR man for the Syndicate? There is no ‘we.’ Not until there’s an ‘I.’ Didn’t you learn that in Depro 101? Search this man. He’s either a dupe or an agent.” (Colossus Fortune, Jon Rappoport)

I’ve been chipping away and drilling the rock of Globalism for some years now (Archive::Globalist). At times, connections between my various investigations seemed uncertain, but eventually the picture swam into view.

Medically caused death and destruction. Toxic drugs. Toxic vaccines. Genetically modified food plants and their poisonous pesticides. International trade treaties. Manufactured unemployment. The pseudoscience of psychiatry. Political and media dupes. The art of group propaganda. Indoctrination and lowered IQ through education. Television mind control. Banking. Wall Street. Technocracy. And dozens more subjects.

The carrier of the Globalist world was chosen at the end of World War 2. It already existed, of course. But now it was seen as the prime instrument:

The mega-corporation.

Control of land, resources, labor. No other type of organization would be as efficient at mounting this operation.

 

Governments tuned themselves to a harmonic convergence with the colossus.

Wars for the corporation. Population control for the corporation. Judiciaries for the corporation.

Language for the corporation. Streamlined stripped-down language for minds wedded to the corporation. Reduced minds.

 

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Change They Don’t Believe In

Change They Don’t Believe In

 

The unfortunate consequence of not allowing the process of “creative destruction” to occur in banking and Big Business is that the historic forces behind it will seek expression elsewhere in the realm of politics and governance. The desperate antics of central banks to cover up financial failure can’t help but provoke political upheaval, including war.

It’s a worldwide phenomenon and one result will be the crackup of economic relations — thought by many to be permanent — that we call “globalism.” The USA has suffered mightily from globalism, by which a bonanza of cheap “consumer” products made by Asian factory slaves has masked the degeneration of local economic vitality, family life, behavioral norms, and social cohesion. That crackup is already underway in the currency wars aptly named by Jim Rickards, and you can bet that soon enough it will lead to the death of the 12,000-mile supply lines from China to WalMart — eventually to the death of WalMart itself (and everything like it). Another result will be the interruption of oil export supply lines.

The USA as currently engineered (no local economies, universal suburban sprawl, big box commerce, despotic agribiz) won’t survive these disruptions and one might also wonder whether our political institutions will survive. The crop of 2016 White House aspirants shows no comprehension for the play of these forces and the field is ripe for epic disruption. The prospect of another Clinton – Bush election contest is a perfect setup for the collapse of the two parties sponsoring them, ushering in a period of wild political turmoil. Just because you don’t see it this very moment, doesn’t mean it isn’t lurking on the margins.

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The School of Globalism

The School of Globalism

“…we may be headed into a world where capital is abundant, deflationary pressures are substantial and demand could be in short supply for quite some time.”

—Lawrence Summers, former Secretary of the Treasury

Professor Summers must be reading Ben Bernanke’s new blog. Or maybe he’s writing it for walking-around money. At $250,000 a pop for making a speech, Mr. Bernanke can certainly afford to pay high-toned hacks to polish his spin-o-nomics. Raillery aside, Mr. Summers’ utterance provokes some pretty fundamental questions: what exactly is this world we’re heading into, and what exactly does that capital consist of?

It is, first, a world of unraveling globalism. So many people who should know better — members of the supposed thinking class who have suspended their thinking — swallowed Tom Friedman’s dictum that globalism was here to stay, a permanent new feature of the human condition. File that idea in the dead letter office, along with Francis Fukuyama’s The End of History. With the help of competitive central bank racketeering, desperate nations have propelled themselves from financial disorder to geopolitical turmoil and history marches on — lately to the ululations of gleeful beheaders. Friedman’s flat world was predicated on a dominant and sound American polity, and we’ll have neither in that world Mr. Summers says we’re moving into.

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Olduvai IV: Courage
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Olduvai II: Exodus
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