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Carbon Credits Are the Biggest Scam Since Indulgences—How You Can Avoid Being Fleeced

Carbon Credits Are the Biggest Scam Since Indulgences—How You Can Avoid Being Fleeced

Carbon Credits Are the Biggest Scam

In the Middle Ages, the Catholic Church convinced the commoners to buy indulgences to alleviate their sins. And they made a fortune in the process.

Similarly, today, our overlords—the mainstream media, central bankers, and their political allies—are working overtime to convince the commoners to pay for their alleged climate sins.

Enter carbon credits, government-issued permits that grant you the privilege to emit a certain amount of carbon dioxide.

Although advocates promote them as a way to “save the environment,” in reality, carbon credits are nothing more than a devious mechanism to tax, regulate, and control you.

It’s not a coincidence that the most philosophically and ethically bent people are promoting them.

For example, at a recent World Economic Forum (WEF) meeting in Davos, participants revealed and touted an “individual carbon footprint tracker.” It will track where people travel, how they travel, what they eat, and what they consume.

Carbon accounting is already creeping into many places, like Google Flights.

A federal carbon tax is already a reality in Trudeau’s Canada, and it’s causing the price of food and other goods and services to soar. But Canadians haven’t seen anything yet—the federal carbon tax will triple by 2030.

In short, there’s a growing push to implement the carbon credit scam worldwide. And that’s not a coincidence.

Remember, central banks only exist to harvest wealth from the populace through inflation and redirect it to the politically connected, an insidious practice known as seigniorage.

Fiat currency is the usual mechanism central banks use to perpetuate this fraud. They get most people to run on a hamster wheel most of their lives chasing after confetti money they create with no effort.

However, there is a limit to this process.

…click on the above link to read the rest…

Is New Zealand A Beta Test For Western Governments Micromanaging The Populace?

Is New Zealand A Beta Test For Western Governments Micromanaging The Populace?

In the wake of the covid pandemic lockdowns and mandates, many western nations and states in the US witnessed a new eye opening level of government intrusion into the daily lives of citizens.  Some, however, dealt with worse scenarios than others.

New Zealand in particular has popped up time and time again over the past couple of years with some of the most draconian restrictions on the public, and sadly the trend has not stopped just because the pandemic lockdowns stopped.  The island nation seems to be intent on setting the standard for authoritarian policies and government micromanagement, and a series of recent laws are driving home the reality that they do not intend to relent.

Flashback: In 2018, New Zealand banned all offshore oil drilling exploration in the name of instituting a “carbon neutral future”, meaning tight energy restrictions are forthcoming in NZ as the decade progresses.

In 2019, NZ banned all semi-automatic weapons after the Christchurch mosque shootings, punishing millions of law abiding citizens for the crimes of one man.  Video evidence of the Christchurch shootings is suspiciously illegal in NZ, and anyone caught viewing or downloading the event can be prosecuted.  The gun bans were enforced just in time for the pandemic lockdowns.

In 2020, the government introduced internet censorship legislation which would give them the power to selectively filter “dangerous content.”  Most of the provisions were ultimately scrapped after a public backlash, but future censorship remains a priority for the government.

In 2021, New Zealand Prime Minister and associate of the World Economic Forum, Jacinda Ardern, openly admitted to constructing a two tier society in which the vaccinated enjoy normal access to the economy, travel and social interaction while the unvaccinated would be deliberately choked with restrictions until they “chose” to comply and accept the mRNA jab.

…click on the above link to read the rest…

The Fed Is a Purely Political Institution, and It’s Definitely Not a Bank.

The Fed Is a Purely Political Institution, and It’s Definitely Not a Bank.

fedpic

Those who know Wall Street lore sometimes recall that Fed chairman William Miller—Paul Volcker’s immediate predecessor—joked that most Americans believed the Federal Reserve was either an Indian reservation, a wildlife preserve, or a brand of whiskey. The Fed, of course, is none of those things, but there’s also one other thing the Federal Reserve is not: an actual bank. It is simply a government agency that does bank-like things.

It’s easy to see why many people might think it is a bank. “Bank” is right there in the name of the twelve regional banks that make up the system: for example, the Federal Reserve Bank of Kansas City. The Fed also enjoys many titles that make it sound like a bank. It’s sometimes called the “lender of last resort.” Or it is sometimes called “a banker’s bank.” Moreover, many people often call the Fed “the central bank.” That phrase is useful enough, but not quite true.

Moreover, even critics of the bank often repeat the myth that the Federal Reserve is “a private bank,” as if that were the main problem with the Federal Reserve. And then there are the economists who like to spread fairy tales about how the Fed is “independent” from the political system and makes decisions based primarily on economic theory as interpreted by wise economists.

The de facto reality of the Federal Reserve is that it is a government agency, run by government technocrats, that enjoys the benefits of being subject to very little oversight from Congress. It is no more “private” than the Environmental Protection Agency, and it is no more a “bank” than the US Department of the Treasury.

It’s a Purely Political Institution

…click on the above link to read the rest…

Capsule Summaries of all Twitter Files Threads to Date, With Links and a Glossary

Capsule Summaries of all Twitter Files Threads to Date, With Links and a Glossary

For those who haven’t been following, a compilation of one-paragraph summaries of all the Twitter Files threads by every reporter. With links and notes on key revelations

It’s January 4th, 2023, which means Twitter Files stories have been coming out for over a month. Because these are weedsy tales, and may be hard to follow if you haven’t from the beginning, I’ve written up capsule summaries of each of the threads by all of the Twitter Files reporters, and added links to the threads and accounts of each. At the end, in response to some readers (especially foreign ones) who’ve found some of the alphabet-soup government agency names confusing, I’ve included a brief glossary of terms to help as well.

In order, the Twitter Files threads:

  1. Twitter Files Part 1: December 2, 2022, by @mtaibbi

    TWITTER AND THE HUNTER BIDEN LAPTOP STORY

    Recounting the internal drama at Twitter surrounding the decision to block access to a New York Post exposé on Hunter Biden in October, 2020.

    Key revelations: Twitter blocked the story on the basis of its “hacked materials” policy, but executives internally knew the decision was problematic. “Can we truthfully claim that this is part of the policy?” is how comms official Brandon Borrman put it. Also: when a Twitter contractor polls members of Congress about the decision, they hear Democratic members want more moderation, not less, and “the First Amendment isn’t absolute.”

    1a. Twitter Files Supplemental, December 6, 2022, by @mtaibbi

    THE “EXITING” OF TWITTER DEPUTY GENERAL COUNSEL JIM BAKER

    A second round of Twitter Files releases was delayed, as new addition Bari Weiss discovers former FBI General Counsel and Twitter Deputy General Counsel Jim Baker was reviewing the first batches of Twitter Files documents, whose delivery to reporters had slowed.

…click on the above link to read the rest…

2022’s Danger Signs: From Totalitarian Paranoia to Authoritarian Madness

The danger signs were everywhere in 2022.

With every new law enacted by federal and state legislatures, every new ruling handed down by government courts, and every new military weapon, invasive tactic and egregious protocol employed by government agents, we were reminded that in the eyes of the government and its corporate accomplices, “we the people” possess no rights except for that which the Deep State grants on an as-needed basis.

Totalitarian paranoia spiked. What we have been saddled with is a government so power-hungry, paranoid and afraid of losing its stranglehold on power that it has conspired to wage war on anyone who dares to challenge its authority. In a Machiavellian attempt to expand its powers, the government unleashed all manner of dangers on an unsuspecting populace in order to justify its demands for additional powers to protect “we the people” from emerging threats, whether legitimate, manufactured or overblown.

The state of our nation suffered. The nation remained politically polarized, controlled by forces beyond the purview of the average American, and rapidly moving the nation away from its freedom foundation. The combined blowback from a contentious presidential election and the COVID-19 pandemic resulted in Americans being subjected to egregious civil liberties violations, invasive surveillance, martial law, lockdowns, political correctness, erosions of free speech, strip searches, police shootings of unarmed citizens, government spying, and the criminalization of lawful activities.

Thought crimes became a target for punishment. For years now, the government has used all of the weapons in its vast arsenal—surveillance, threat assessments, fusion centers, pre-crime programs, hate crime laws, militarized police, lockdowns, martial law, etc.—to target potential enemies of the state based on their ideologies, behaviors, affiliations and other characteristics that might be deemed suspicious or dangerous…

…click on the above link to read the rest…

Of Economic Crises and Pandemics: Facebook as Fact, Government as Truth, Big Pharma as God

Of Economic Crises and Pandemics: Facebook as Fact, Government as Truth, Big Pharma as God

If events since March 2020 have shown us anything, it is that fear is a powerful weapon for securing hegemony. Any government can manipulate fear about certain things while conveniently ignoring real dangers that a population faces.

Author and researcher Robert J Burrowes says:

…if we were seriously concerned about our world, the gravest and longest-standing health crisis on the planet is the one that starves to death 100,000 people each day. No panic about that, of course.”

No panic because the controlling interests of the global food system have long profited from a ‘stuffed and starved’ strategy that ensures people unnecessarily go hungry when corporate profit rather than need dictates policies.

US social commentator Walter Lippmann once said that ‘responsible men’ make decisions and must be protected from the ‘bewildered herd’ – the public. He added that the public should be subdued, obedient and distracted from what is really happening. Screaming patriotic slogans and fearing for their lives, they should be admiring with awe leaders who save them from destruction.

During COVID, Prime Minister of New Zealand Jacinda Ardern urged citizens to trust the government and its agencies for all information and stated:

Otherwise, dismiss anything else. We will continue to be your single source of truth.”

In the US, Fauci presented himself as ‘the science’. In New Zealand, Ardern was ‘the truth’. It was similar in countries across the world – different figures but the same approach.

Like other political leaders, Ardern clamped down on civil liberties with the full force of state violence on hand to ensure compliance with ‘the truth’. Those who questioned the COVID narrative – including world-renowned scientists – were smeared, shut down and censored.

It was an internationally orchestrated campaign involving governments, the big tech companies, media and the WHO, among others.

…click on the above link to read the rest…

Zoltan Pozsar’s Gold-mageddon Deconstructed

Zoltan Pozsar’s Gold-mageddon Deconstructed

“[B]anks have been managing their paper gold books with one assumption, which is that [Nation] states would ensure gold wouldn’t come back as a settlement medium.” -Zoltan Pozsar

Before we go any further, we read ZeroHedge’s report on this letter Dec 7th entitled: Zoltan Pozsar: Gold To Soar…When Putin Unveils Petrogold (ZH Prem) and have been  thinking on it since. Here is one of those thoughts pertaining to Gold’s  evolving  market structure

The statement at top is arguably the most important sentence in Zoltan’s recent post entitled: Oil, Gold ,and LCL(SP)RIt is how he closes that note.

If you have read his letter (excerpt below) you may prefer quotes pertaining to Gold’s price jump from $1800 to $3600 or Pozsar’s follow up statement to the price of Gold potentially doubling where he wrote:  Crazy? Yes. Improbable? No.

Those statements certainly are nice to read for real-money advocates; especially coming from one of the most respected economists on the street these days. We cannot lie it makes us smile as well.

However, for anyone with precious metals exposure, like a bank or presumably you reading this piece (thank you for that), the quote at top should rule them all. Here’s why…

Why Banks Short Gold

Zoltan, possibly inadvertently, gives readers the rationale by which banks have been profitably shorting Gold since the 1990s. Here is our translation of that same sentence at top.

Translated from the original Zoltanese:

Banks have been using rehypothecation for decades fearlessly with approval of global governments who promised them Gold would never be used as a settlement medium—i.e. have a practical use — again.

…click on the above link to read the rest…

THE TWITTER FILES: Clandestine Government Agency Edition

THE TWITTER FILES: Clandestine Government Agency Edition

After writing quite the pre-Christmas reflection Friday, night, Journalist Matt Taibbi has decided to grace us with a Christmas Eve edition of THE TWITTER FILES – which he says details “Twitter’s relationship to other government agencies – including some that don’t like to see their name in print much.”

Continued;

2. It didn’t refute allegations. Instead, it decried “conspiracy theorists” publishing “misinformation,” whose “sole aim” is to “discredit the agency.”

3.They must think us unambitious, if our “sole aim” is to discredit the FBI. After all, a whole range of government agencies discredit themselves in the #TwitterFiles. Why stop with one?

4.The files show the FBI acting as doorman to a vast program of social media surveillance and censorship, encompassing agencies across the federal government – from the State Department to the Pentagon to the CIA.

5.The operation is far bigger than the reported 80 members of the Foreign Influence Task Force (FITF), which also facilitates requests from a wide array of smaller actors – from local cops to media to state governments.

6.Twitter had so much contact with so many agencies that executives lost track. Is today the DOD, and tomorrow the FBI? Is it the weekly call, or the monthly meeting? It was dizzying.

7.A chief end result was that thousands of official “reports” flowed to Twitter from all over, through the FITF and the FBI’s San Francisco field office.

8.On June 29th, 2020, San Francisco FBI agent Elvis Chan wrote to pair of Twitter execs asking if he could invite an “OGA” to an upcoming conference:

…click on the above link to read the rest…

It’s Wholesale Robbery!

It’s Wholesale Robbery!

The latest inflation news was glorious, they said. The whole media told us so!

It’s easing, improving, better than it has been and headed in the right direction. So stop your kvetching and get out there and make (and spend) money. For that matter, throw around the credit card a bit and stop trying to save money.

Inflation is all but done! It’s pretty interesting because they have been saying this for the better part of 18 months.

In reality, the consumer price index rose 7.1% from a year ago. That’s terrible. Yes, not as terrible as last month, but look at the breakdown in detail.

Food at home is up 10% while food at restaurants is up 12%. Fuel oil is up 65.7 % and transportation services are up 14.2%!

So on it goes, and each month we get a report, and the intensity shifts from one sector to another. The perception that this is cooling is based mostly on the weighting scheme that yields the final number. This is no world in which we are watching the problem gradually disappear.

Wholesale Robbery of the American People

You can see the scale of the problem by looking at the so-called sticky rate of price increases over 14 years. This reveals which part of the overall index is truly embedded and less subject to exigencies of temporary market change.

This is wholesale robbery of the American people. That the thief stole a full place setting of silver last month but this month left the dessert spoon is hardly an improvement and a case for leaving the doors unlocked.

They’ve told us for 18 months that it’s not so bad and we should all stop kvetching about it. But it keeps being bad. The inflation is embedded and clearly has a long way to go before the momentum runs out of steam.

…click on the above link to read the rest…

Nigeria Limits ATM Withdrawals To $45 Per Day To Force Govt-Controlled Digital Payments

Nigeria Limits ATM Withdrawals To $45 Per Day To Force Govt-Controlled Digital Payments

A staggering number of Nigerians love Bitcoin, but hate government cryptocurrency (CBDCs).

In April, leading cryptocurrency exchange KuCoin noted that 35% of the adult population in Nigeria – roughly 34 million adults aged 18-60, own bitcoin or other cryptocurrencies. But when it came to the country’s Central Bank Digital Currency (CBDC), the eNaira, it was a massive failure.

According to Bloombergonly 1 in 200 Nigerians use the eNaira – despite government implemented discounts and other incentives, implemented as desperate measures to increase adoption.

Now, the government is looking to boost digital payments by limiting ATM withdrawals to just 20,000 naira, or roughly US$45 per day, Bloomberg reports, citing a circular sent to lenders on Tuesday. The previous withdrawal limit was 150,000 naira (US$350).

Weekly cash withdrawals from banks are now limited (without fee) to 100,000 naira (US$225) for individuals, and 500,000 naira (US$1,125) for corporations. Any amount above this will incur a fee of 5% and 10% respectively.

The action is the latest in a string of central bank orders aimed at limiting the use of cash and expand digital currencies to help improve access to banking. In Nigeria’s largely informal economy, cash outside banks represents 85% of currency in circulation and almost 40 million adults are without a bank account. 

The central bank last month announced plans to issue redesigned high value notes from mid-December to mop up excess cash and it’s given residents until the end of January to turn in their old notes. The bank also plans to mint more of the eNaira digital currency, which was launched last year but has faced slow adoption. -Bloomberg

What’s more, new rules which will take effect Jan. 9 will ban the cashing of checks above 50,000 naira (US$112) over-the-counter, and 10 million naira (US$22,480) through the banking systems. Point-of-sale cash withdrawals have been capped at 20,000 naira ($45).

…click on the above link to read the rest…

Doomberg: How to Fix the World (and if not, how to prepare)

Doomberg: How to Fix the World (and if not, how to prepare)

A conversation with the legendary Substacker Doomberg, in which he discusses big picture topics like the economy, government policies, and emergency preparedness.

A bit about my guest: Doomberg is a fellow Substack author – one of the most successful writers on the network. They write about economics, finance, energy, and a bit of politics. I highly recommend checking them out, especially if you are looking for a break from the standard news cycle. Doomberg is consistently unique in its coverage.

I can’t remember for certain, but I believe Doomberg was my initial introduction to Substack. In April of 2021, I caught them on an episode of the Grant William’s Podcast and was intrigued by, not only the Green Chicken, but their clear and seamless articulation of complex economic matters. Their rise has been meteoric, impressive to watch, and well-earned. It inspired me to write my own thoughts on a Substack (after failing to convince my friends to debate these issues with me). I only have 1.6k followers, but the journey has launched a new career path for me as I published my work at various mainstream outlets as well. Just two weeks ago, I accepted a ‘Business Reporter’ role at the Epoch Times.

I’ve had brief run-ins with Doomberg in some of my previous jobs, and they were nice enough to participate in this discussion with me. We start off by asking why Doomberg is a “prepper” and dive into various topics like economics and his view of an ideal government.

With that, enjoy:

(yes that’s my real name in the corner)

‘Gaslighting’ Is the Word of the Year for Good Reason

‘Gaslighting’ Is the Word of the Year for Good Reason

Every year, Merriam-Webster picks a word to capture the culture of a moment in time. The choice is based on the frequency and quantity of searches as well as the departure from the norm. This year, the choice seems perfect: gaslighting. It’s drawn from the 1944 film noir starring Charles Boyer and Ingrid Bergman.

The term means to be subjected to extended psychological trickery to cause the victim to question his or her own reality. In the film, Boyer plays a handsome stranger who meets the beautiful heiress Bergman on a foreign journey and they fall in love. He convinces her to marry and move back together to London to her family home, whereby he embarks upon a subtle campaign to convince her she is bonkers while he secretly searches the home for legacy jewels he intends to steal.

It’s painful to watch, but the experience connects with our own as we watch mainstream media, see respectable scientists canceled for supposedly spreading disinformation, or when we watch a White House press conference. They try to convince us that they are normal and we are the crazy ones, probably guilty of wrongthink or not aware of the full facts. The more they insist on their version of truth, the more we are invited to see ourselves as nuts for failing to give them all the benefit of our doubts.

The film has this crucial moment when Bergman flips from believing that she is a broken spirit and confused person suddenly to realizing that she is the victim of an elaborate hoax. Once she realizes this, and all the pieces fall into place, she calls him out as a fraud and a thief…

…click on the above link to read the rest…

All of Us Are in Danger: When Anti-Government Speech Becomes Sedition

All of Us Are in Danger: When Anti-Government Speech Becomes Sedition

“If you can’t say ‘F@#k’ you can’t say, ‘F@#k’ the government.’”— Lenny Bruce, comedian

Anti-government speech has become a four-letter word.

In more and more cases, the government is declaring war on what should be protected political speech whenever it challenges the government’s power, reveals the government’s corruption, exposes the government’s lies, and encourages the citizenry to push back against the government’s many injustices.

Indeed, there is a long and growing list of the kinds of speech that the government considers dangerous enough to red flag and subject to censorship, surveillance, investigation and prosecution: hate speech, conspiratorial speech, treasonous speech, threatening speech, inflammatory speech, radical speech, anti-government speech, extremist speech, etc.

Things are about to get even dicier for those who believe in fully exercising their right to political expression.

Indeed, the government’s seditious conspiracy charges against Stewart Rhodes, the founder of Oath Keepers, and several of his associates for their alleged involvement in the January 6 Capitol riots puts the entire concept of anti-government political expression on trial.

Enacted during the Civil War to prosecute secessionists, seditious conspiracy makes it a crime for two or more individuals to conspire to “‘overthrow, put down, or to destroy by force’ the U.S. government, or to levy war against it, or to oppose by force and try to prevent the execution of any law.”

It’s a hard charge to prove, and the government’s track record hasn’t been the greatest.

It’s been almost a decade since the government tried to make a seditious conspiracy charge stick—against a small Christian militia accused of plotting to kill a police officer and attack attendees at his funeral in order to start a civil war—and it lost the case.

…click on the above link to read the rest of the article…

Fed Paper Admits the Central Bank Can’t Control Inflation; Finger-Points at Federal Government

Fed Paper Admits the Central Bank Can’t Control Inflation; Finger-Points at Federal Government

It appears somebody at the Federal Reserve has figured out that the central bank can’t tame inflation, so it’s setting up a scapegoat – Uncle Sam.

A paper co-authored by Leonardo Melosi of the Federal Reserve Bank of Chicago and John Hopkins University economist Francesco Bianchi and published by the Kansas City Federal Reserve argues that central bank monetary policy alone can’t control inflation.

The paper’s abstract asserts, “This increase in inflation could not have been averted by simply tightening monetary policy.”

In a nutshell, Melosi and Bianchi argue that the Fed can’t control inflation alone. US government fiscal policy contributes to inflationary pressure and makes it impossible for the Fed to do its job.

Trend inflation is fully controlled by the monetary authority only when public debt can be successfully stabilized by credible future fiscal plans. When the fiscal authority is not perceived as fully responsible for covering the existing fiscal imbalances, the private sector expects that inflation will rise to ensure sustainability of national debt. As a result, a large fiscal imbalance combined with a weakening fiscal credibility may lead trend inflation to drift away from the long-run target chosen by the monetary authority.”

There are a couple of startling admissions in this single paragraph.

First, the authors acknowledge that the federal government uses inflation as a tool to handle its debt. In other words, it acknowledges that we’re all paying an inflation tax.

Peter Schiff talked about this inflation tax in an interview on Rob Schmitt Tonight.

Inflation is a tax. It’s the way government finances deficit spending. Government spends money. It doesn’t collect enough taxes, so it has to run deficits. The Federal Reserve monetizes those deficits – prints money. They call it quantitative easing, but that’s inflation…

…click on the above link to read the rest of the article…

If you thought the Coinbase bankruptcy disclosures were bad…

Just wait ’til you see your government’s bail-in rules

One of the subplots that made for a bad week in crypto included a largely manufactured crisis around “The Coinbase bankruptcy disclosure”.  After posting an earnings miss, the next shoe to drop was the discovery in the latest version of the Coinbase Terms of Service, the addition of text that included the following:

“Custodially held crypto assets may be considered to be the property of a bankruptcy estate, in the event of a bankruptcy, the crypto assets we hold in custody on behalf of our customers could be subject to bankruptcy proceedings and such customers could be treated as our general unsecured creditors”

This verbiage became a big deal with every corporate media outlet dumping all over it. It trended on Twitter and quickly went viral, almost as if this was some sort of revelation.

It’s not. It’s basically the oldest adage in crypto, “not your keys, not your coins” spelled out in writing.

Do you really think if you’re holding your crypto on some exchange that suddenly becomes insolvent it’s going to make a difference if a paragraph to that effect appears in the ToS or not? Good thing Mt Gox or QuadrigaCX didn’t have that in their ToS otherwise everybody with assets in either exchange would have been really screwed, right?

You’re screwed no matter what. At least Coinbase is calling your attention to it.

Don’t hold your crypto on the exchange, any exchange, full stop. Even the largest crypto exchange CEOs will tell you that.

But if you’re one of those people for whom this is something to be up in arms about, I’ve got news for you:

…click on the above link to read the rest of the article…

Olduvai IV: Courage
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Olduvai II: Exodus
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