Thursday, February 13, 2014

Bank Run 2014 -- Get Your Money OUT! EU Document Reveals BAIL-IN Plan!

Exclusive: EU executive sees personal savings used to plug long-term financing gap
The savings of the European Union's 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis, an EU document says.
the Commission will consider whether the use of fair value or pricing assets at the going rate in a new globally agreed accounting rule




Jobless America 2014 -- We Will See More Layoffs As The Economy Begins To Collapse




Australia jobless rate has hit all time new highs, Greece is reporting higher unemployment and nations across the Eurozone are now reporting higher unemployment. The US unemployment rate has been manipulated and the unemployment rate is around 30% and massive layoffs are accelerating. Bing search engine is censoring searches. The Syrian Geneva II talks end in failure and now the US is planning a false flag event. Iran's supreme leader is telling the nation to prepare for cyber attack. Experts says its only a matter of time before the power grid is hit by a physical or cyber attack.

Massive Attack on Bitcoin -- Bill Still Report

The Mt. Gox shutdown is spreading thru the Bitcoin world. Can it be stopped?
If crypo currencies end up carrying a significant percentage of the world's economic activity (and I think they will) then governments are going to have to tax a lot more heavily if they expect to maintain their current rate of expenditures. The central bank scam is a way of throwing a heavier tax burden on the citizenry than people understand. It's a hidden tax of course. And if the real tax burden (which includes inflation) were known it would cause a decrease in taxable economic activity, and drive some currently taxable activity underground. Go Fedora and their bitmixing wallet feature.
I'm all for Quark doing well


 
 
 
There is a vested interest by the owners of the MATRIX to destroy all Cryptocurrencies because they see them as the biggest threat to the foundation of their SCAM, namely Fractional Reserve Banking.
Banking and currency itself are based on TRUST.   If it is undermined then people won't use them, and they know that, so I am sure The Financial Cabal who are milking the world of its wealth unrelentingly every moment of our existence, are paying all sorts of hackers to find any weakness to shoot down this threat to their control.

So the question we have to post is:  Are we better off without any currencies at all?

IS THERE A WAY WE CAN TRADE WITH EACH OTHER WITHOUT USING THIS MEDIUM CALLED MONEY THAT HAS BEEN USED FOR SO LONG TO RIP THE REAL PRODUCERS OF WEALTH OFF??

Money as a medium of trade has always been highjacked by those who create it to benefit them against the interests of the producers of real wealth, who need it to trade in the process of real wealth creation.
According to Thomas Greco in his book THE END OF MONEY and the FUTURE OF CIVILIZATION yes it is possible by using credit exchange centers set up by the community itself as it has been sprouting spontaneously in many Greek Towns today during the crisis.
Anthropologist David Graeber in his book DEBT: The Fist 5,000 Years, explains this form of trading has been used around the world for hundreds of years, even in times of the Roman empire the Phoenicians kept using it in the Mediterranean while Roman coins were traded at the same time.

THE SECRET TO MONEY IS TO MAKE IT WORTHLESS and ONLY useful to measure the value of things when trading.   Regular money can't do it, but a credit exchange can.

The question is how to design a way to STORE wealth without falling into the same problems we have today with money?.   This is where Cryptocurrencies can be handy, but we have to carefully design them to fulfill this purpose.   Bitcoin has shown to be a Ponzi scheme.

Making money with money IS the problem.   In other words: obtaining profits by merely lending or investing money without PRODUCING wealth in the Real Economy has to be stopped.
1-  Real Wealth is the product of manufacturing things that satisfy human needs, hence the Real Economy
2-  Fake wealth is that which is the product of speculation with money without creating ANYTHING material to satisfy human needs.

Fake wealth steals value from Real wealth.   This is how all the benefits from productivity gains have ended up at the top 0.01% of the population.

So before we design a new currency we have to stop and ask exactly what features we want that currency to have.
1- Zero intrinsic value, just like a measuring tape measures an area without the tape itself being used to speculate with.
2- Always just enough to satisfy all the economic requirements for trade.   No more bankruptcies because of a lack of currency, neither artificial bubbles inflating the value of things because of too much currency in circulation.
3- A stable form of storing wealth easily transportable and secure.

We have our job cut for us to fulfill these needs and become truly free in the process.

Blog Archive

“Control oil and you control nations; control food and you control the people.” Henry Kissinger


once a standing army is established, in any country, the people lose their liberty.”
George Mason

“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
Henry Kissinger

“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger

"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin

The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin

Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?

PHILIP ZIMMERMAN, DER SPIEGEL

“Some call it Communism, I call it Judaism.”

Rabbi Stephen Weiss

“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941

Taxing People is Punishing Success
UNKNOWN

There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki

The Tax you pay is The Bill for Staying Stupid

Stefan Molyneux


“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus

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.
The Rothschild Bros

"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.

This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.

By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."

USA Banker's Magazine, August 25 1924


Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
UNKNOWN

Taxation is legalized Theft
UNKNOWN

"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker

Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....

Bob Dylan


"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich


There is NO political answer to a spiritual problem!
Steve Quayle


Po
litical Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
Gilad Atzmon

The modern definition of racist is someone who is winning an argument with a liberal
Peter Brimelow


When People lose everything and have nothing left to lose , They Lose It !

GERALD CELENTE

Your Greatest Teacher is Your Last Mistake
DAVID ICKE

The one who Controls the Education System , Controls Perception
UNKNOWN

"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."

Albert Einstein

In The Left Nothing is Right & in The Right nothing is Left
UNKNOWN


No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
UNKNOWN

Freedom is not Free
UNKNOWN

Don't Steal The Government Hates The Competition

Ron Paul

"Buy The Rumor , Sell The Fact " Peter Schiff


You can love your Country and not your Government

Jesse Ventura


" The Government Works for ME , I do not answer to them They Answer to ME "
Glenn Beck

"Tyranny will Come to Your Door in a Uniform "
Alex Jones

"The Government is not The Solution to our Problems , The Government is The Problem "

Ronald Reagan


"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato


The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo

"The people should not fear the government for it is the government who should fear the people" UNKNOWN

"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN

"They don't control us , We empower them " UNKNOWN

"Serial Killers do on a Small Scale What Governments do on a large one..."

Serial Killer Richard Ramirez

There is a Class War going on in America, & unfortunately, my class is winning." Warren Buffet

"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."

Thomas Jefferson

"College is a waste of Money"
Albert Einstein

Schools manufacture people who think that they're smart but they're not.
Robert Kiyosaki

Education is what you learn after you leave School
Robert Kiyosaki

" ‏Schools were designed to create employees for the big corporations."
Robert Kiyosaki


"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson

Dissent is the highest form of patriotism
Thomas Jefferson

“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki


"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way

"Aspire not to have More but to be More "
UNKNOWN

The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
Robert T. Kiyosaki ‏

"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford

What You Own Owns You
UNKNOWN

If you expect the government to solve your problems, you have a problem. Robert Kiyosaki

"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin

"None are more hopelessly enslaved than those who falsely believe they are free.” -
Johann Wolfgang von Goethe

"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell

Be The Change you want to see in The World
UNKNOWN

Failure inspires winners but defeats losers
Robert Kiyosaki ‏

“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb

"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.

Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN