Category Archives: Uncategorized
The Alex Jones Channel
April 30, 2011
Alex welcomes in-studio author, researcher and radio host Webster Griffin Tarpley. Tarpley is the author of Obama: The Postmodern Coup – Making of a Manchurian Candidate, Surviving the Cataclysm: Your Guide Through the Worst Financial Crisis in Human History, and Barack H. Obama: The Unauthorized Biography.
April 18, 2011
Will we get to meet the real-life Don Draper?
Cable network AMC, home to critically lauded dramas “Mad Men,” “The Walking Dead” and “Breaking Bad,” plans to launch a pair of reality shows exploring the high-pressure world of advertising and the behind-the-scenes drama at the Department of Homeland Security.
“The Pitch,” about the creative process at ad agencies, and “Inside DHS,” an veil-lifting look at the government division that fights terrorism, will be the network’s first two unscripted shows. A third, a docu-series about renowned boxing trainer Freddie Roach, is still in development.
March 22, 2011
In October, 2007, candidate Barack Obama — in response to the Bush administration’s demand for a new FISA law — emphatically vowed that he would filibuster any such bill that contained retroactive amnesty for telecoms which participated in Bush’s illegal spying program. At the time, that vow was politically beneficial to Obama because he was seeking the Democratic nomination and wanted to show how resolute he was about standing up against Bush’s expansions of surveillance powers and in defense of the rule of law. But in a move that shocked many people at the time — though which turned out to be completely consistent with his character — Obama, once he had the nomination secured in July, 2008, turned around and did exactly that which he swore he would not do: he not only voted against the filibuster of the bill containing telecom amnesty, but also voted in favor of enactment of the underlying bill. That bill, known as the FISA Amendments Act of 2008, was then signed into law by George W. Bush at a giddy bipartisan signing ceremony in the Rose Garden, which — by immunizing telecoms and legalizing most of the Bush program — put a harmless, harmonious end to what had been the NSA scandal.
Read entire article – http://www.salon.com/news/opinion/glenn_greenwald/2011/03/21/aclu/index.html
March 19, 2010
The United States is now recognized globally as one of the most oppressive police states on earth. And it’s only getting worse.
POLICE STATE 4 chronicles the sickening depths to which our republic has fallen. Veteran documentary filmmaker Alex Jones conclusively proves the existence of a secret network of FEMA camps, now being expanded nationwide. The military industrial complex is transforming our once free nation into a giant prison camp. A cashless society control grid, constructed in the name of fighting terrorism, was actually built to enslave the American people. Body scanners, sound cannons, citizen spies, staged terror and cameras on every street corner — it’s only the beginning of the New World Order’s hellish plan. This film exposes how the “Continuity of Government” program has established an all powerful shadow state.
Prepare to enter the secretive world of emergency dictatorship, FEMA camps and a shredded Constitution. Witness police and military savagely attacking innocent citizens as our own government unleashes false flag operations to justify its oppression. Then watch as Alex Jones takes on corrupt mercenary police and exposes mainstream media brainwashing.
THE POLICE STATE ISN’T COMING, IT’S HERE!
Special Thanks to Shooter Jennings for the use of “SUMMER OF RAGE” from the Black Ribbons album
Also check out Jason Bermas’ Invisible Empire: A New World Order Defined produced by Alex Jones.
March 21, 2010
Thousands of people gathered outside the Capitol on Saturday to voice their opposition to Obamacare, but instead of covering their principled opposition the corporate media concentrated on racial slurs made by a few protestors.
“The racists in the Tea Party are getting all the attention Sunday after ugly slurs were aimed at several black U.S. congressmen Saturday on Capitol Hill,” reports the Kansas City Star.
“Democrats were angered, shocked and disappointed after reports that some Tea Party activists let more than their opinions on health care reform be known today, calling revered civil rights hero Rep. John Lewis (D-Ga.) n——- and openly gay Massachusetts Rep. Barney Frank a f——-,” the New York Daily News reported on Saturday.
Democrats capitalized on the ugly comments immediately. “Today’s protests against health insurance reform saw a rash of despicable, inflammatory behavior, much of it directed at minority Members of Congress,” Democrat majority leader Steny H. Hoyer said in a statement. “A debate that began with false fears of forced euthanasia has ended in a truly ugly scene. It is incumbent on all of us to do better next time.”
Frank issued a blanket condemnation of the protestors. “People out there today, on the whole, were really hateful,” he said.
“The reprehensible use of racial epithets is not surprising coming from members of the Tea Party. The Tea Party is known to be a haven and home for racists and white supremacists. While many Tea Partiers are relatively innocent, naive and mislead Americans; within the Tea Party movement there has always been a core cadre of mean, ugly, racists who simply cannot accept an African American President,” writes Michael Stone for the Examiner.
Following the lead of the Department of Homeland Security, the Southern Poverty Law Center, and the Anti-Defamation League, the corporate media has consistently claimed the patriot movement is dominated by white supremacists and Obama-hating racists.
The Republican hijacked Tea Party engaged in damage control following the incident. “Republican National Chairman Michael Steele and one of the organizers of Saturday’s Tea Party rally strongly condemned the racial slurs that some black lawmakers alleged were yelled at them by some health care protesters as they headed for a procedural vote at Capitol Hill,” reports Fox News.
“I absolutely think it’s isolated,” Amy Kremer, the grassroots coordinator of the Tea Party Express, told Fox News on Sunday. “It’s disgraceful and the people in this movement won’t tolerate it because that’s not what we’re about.”
The Tea Party Express was cobbled together by FreedomWorks, the Republican and neocon dominated advocacy group. The original Tea Party movement was established by Libertarians. Supporters of the since hijacked Tea Party are expected to adhere to the Republican Party platform.
March 21, 2010
Reps. Dana Rohrabacher,Tom McClintock and John Duncan, all Republicans, said during a Cato Institute panel that in retrospect invading Iraq was a mistake. They said all of their colleagues in the House Republican Caucus believe invading Iraq was a mistake. Rohrabacher went so far as to say he opposed going into Iraq before the invasion.
Saturday was the seventh anniversary of the illegal invasion of Iraq that has slaughtered more than a million Iraqis. Thousands of protesters marked the anniversary by marching through the capitol and calling for the immediate withdrawal of troops from Iraq. The protest was much smaller than previous ones in 2006 and 2007. A U.S. Park Police officer estimated about 2,500 people at the event.
Police arrested at least eight people, including Cindy Sheehan, at the end of the march after the group laid mock coffins at a fence outside the White House. As police led her off, protesters chanted: “This is what a police state look like!” See the video below.
Iraq has more or less fallen off the front page of newspapers and news websites. Only a handful of dedicated anti-war activists like Cindy Sheehan continue to protest against the occupation.
The U.S. has no intention of ever leaving Iraq. Last month, the top US commander in Iraq, General Ray Odierno, said the U.S. is preparing contingency plans to delay the withdrawal of all combat forces in Iraq. He requested more troops. Odierno’s comment was a blip on the corporate news radar screen.
“I expect that Obama actually is going to have to break his promises on Iraq and keep a fairly large force in Iraq, but of course that won’t be the first time he’s had to depart from his campaign rhetoric on this war,” Thomas E. Ricks wrote for Foreign Policy, the magazine formerly owned by the globalist operation the Carnegie Endowment for International Peace.
Here’s what Rohrabacher, Foreign Policy, and the corporate media will not tell you — the invasion and occupation of Iraq is about extending the economic agenda of the international bankers into the Middle East. Iran is next.
“The other side of the issue, which not many people are talking about, is the economic agenda in Iraq, the privatization, the heavy privatization, that’s happened in Iraq in the last two years,” Yanar Mohammed, president of the Organization of Women’s Freedom in Iraq, told Democracy Now last week. “And in the same time, we are being surprised by the Ministry of Finance telling the Iraqis that we need to have a loan from the World Bank, which will put the Iraq policies under such pressure, and it is a surprise to everybody because the revenues of oil are so high that we do not really need a loan from the World Bank.”
“I spent 33 years and four months in active military service and during that period I spent most of my time as a high class muscle man for Big Business, for Wall Street and the bankers,” Smedley Butler wrote in 1935.
Butler’s comments are as relevant today as they were in 1935.
March 21, 2010
As the United States House of Representatives prepares to use a rare Sunday session to vote on President Barack Obama’s health care reform bill, the chairman of the Democratic caucus says his party is poised to win the historic vote.
Appearing on ABC television’s “This Week,” Connecticut Rep. John Larson said Sunday the Democrats had the 216 votes needed to pass the bill.
“We have the votes now — as we speak,” he said.
Republicans are vehemently opposed to the bill and have maintained that they will vote against it.
In their efforts to get the bill passed, Obama and Speaker Nancy Pelosi have focused on undecided Democrats.
Sunday afternoon’s session includes two votes. First, Congress will vote on the Senate-passed health care reform bill. If passed, the bill will then head to the president to be signed into law.
If the bill passes, Congress will then vote on a package of changes that, if passed, will go back to the Senate.
March 20, 2010
In an effort to push through his totalitarian care bill, Obama promised the sky. One such promise was that he would give federal authorities the power to block unreasonable rate hikes. Just like the promise to put negotiations on C-SPAN, the promise to check rate hikes evaporated.
“It was a bold response to skyrocketing health insurance premiums. President Barack Obama would give federal authorities the power to block unreasonable rate hikes,” reports the Associated Press. “Yet when Democrats unveiled the final, incarnation of their health care bill this week, the proposal was nowhere to be found.”
Makes sense, considering the fact Obama’s health care “reform” was crafted at the behest of large insurance corporations. “This is a very good bill for insurance companies and pharmaceutical companies,” said Rep. Stephen Lynch, a Democrat, on Thursday. “The insurers still rule,” Lynch added. “Were just pumping subsidies into the current system, but that won’t drive down costs.”
In December, Howard Dean, the former Democratic National Committee Chairman, said the legislation before Congress “is a bigger bailout for the insurance industry than AIG.” Dean characterized it as “an insurance company’s dream.”
Before boarding Air Force One earlier in the week, one-time maverick congressman Dennis Kucinich characterized the bill as “a bailout for insurance companies.” Prior to subjecting himself to Obama’s voodoo — or threats, nobody knows really — Kucinich said Obamacare was designed for Wall Street banksters.
“Maybe what we’re looking at here is another way that Wall Street’s speculative engine can be fueled, this time with the help of the premiums of tens of millions of Americans,” he said.
“There is no government of the people, for the people, by the people, only the rule of private interests,” writes Paul Craig Roberts. “The Wall Street investment banks, which created with the compliance of the regulatory authorities and the credit rating agencies, ‘toxic’ instruments that were sold world wide, thus destroying the prospects of people in many countries, are devoid of integrity and honor. Their only god is greed. And they control the US government, which is too dependent on campaign contributions to restore regulation.”
Roberts warns this predatory activity will continue with Obamacare.
Obama likes to fly around the country and say he will sock it to the insurance companies, but this is simply empty rhetoric. Obamacare will enrich and expand the power of large insurance corporations. “If a government healthcare plan materializes, it might actually generate more work for insurance companies. A new government program would probably subcontract much of its administrative work to existing insurance companies — which is what Medicare does,” writes Rick Newman for U.S. News & World Report.
Do insurance companies hate Obamacare as Democrats insist? Not at all. This bill is almost identical to the plan written by AHIP, the insurance company trade association, in 2009. The original Senate Finance Committee bill was authored by a former Wellpoint VP. Since Congress released the first of its health care bills on October 30, 2009, health care stocks have risen 28.35%.
In addition to increasing the power of insurance companies, the “socialization” of health care will provide a boost to the Wall Street casino, otherwise known as the stock market, Newman argues.
Discount the fallacious rhetoric of Obama and the Democrats. Obamacare is about profit for large corporations, not the health of the American people.
Back in the 1980s, HMOs were billed as non-profits designed to provide less expensive care. It was all smoke and mirrors.
“Ten percent of all HMO members are in Aetna’s U.S. Healthcare HMO alone,” writes Jeremy Brecher. “They have been joined by chains of for-profit hospitals like HCA Healthgroup, which owned 300 hospitals by 2001. The stock of these corporations is avidly traded on Wall Street. Their success is measured not by the health of their members, but by the profits they can provide to their investors.”
Howard Dean and Dennis Kucinich told the truth about corporate and Wall Street dominated health care because they want a government-run socialized health care system that excludes large for-profit corporations.
Obamacare also aids the banksters in their plan to bankrupt the United States and turn it into yet another third world cesspool mired in staggering debt. “Look for an even tenser decade ahead, made tenser still by any added costs of Barack Obama’s vast new social welfare program,” writes the neocon David Frum.
Frum is right, of course — and a hypocrite. His former boss, George Bush the Lesser, was led around by the nose by a gaggle of warmongering neocon ideologues. He cranked up the national debt by more than $4 trillion. In addition to funding social programs like Medicare and Social Security Republicans claim to hate — but continue to fund — a lot of the money went to funding military expansion and wars against manufactured enemies.
Democrats, Republicans, neocons, neolibs — they all work for the bankers. All the highfalutin rhetoric they continually espouse is nothing more than hot air on the road to serfdom.
March 20, 2010
Most people think that banks lend solely from their base of deposits. Some also know that with fractional reserve banking, they can loan out many times more than they actually have in reserves.
|Germany’s central bank has admitted in writing that banks create credit out of thin air.|
But very few people – with the exception of those in the banking industry and financial experts – know where credit really comes from.
Germany’s central bank – the Deutsche Bundesbank (German for German Federal Bank) – has admitted in writing that banks create credit out of thin air.
As the Bundesbank states in a publication entitled “Money and Monetary Policy” (pages 88-93; translation provided by Google translate, but German speaker and economic writer Festan von Geldern confirmed the basic translation):
4.4 Creation of the banks money
Money is created by “money creation”. Both [central banks] and private commercial banks can create money. In the euro monetary system [money creation] arises mainly through the granting of loans, as well as the fact that central banks or commercial banks to buy assets such as gold, foreign currencies, real estate or securities. If the central bank granted a loan from a commercial bank and crediting the amount in the account of the bank at the central bank, created “central bank money.”
Money creation by commercial banks
The commercial banks can create money itself, the so-called bank money. The money creation process through which commercial banks can be explained by the related postings: If a commercial bank to a customer a loan, they booked in its balance sheet as an asset against a loan receivable the client – for example, 100,000. At the same time, the bank writes down the customer’s checking account, which is run on the liabilities of the bank’s balance sheet, 100,000 euros good. This credit increases the deposits of customers on its current account – it creates deposit money, which increases the money supply.
In other words, money is created as book-entry by purchasing assets or entering credits on the left side of the balance-sheet and corresponding deposits on the right side. In other words, credit is created out of thin air.
Frontiers of money creation
The above description might leave the impression that the commercial banks are able to draw an infinite amount of money in bank accounts. If this were really so, this could be inflationary. The central bank therefore takes effect on the extent of lending and money creation. It requires commercial banks to hold the reserve.
As I’ve previously pointed out, the Federal Reserve is taking the same tack, creating conditions that guarantee that American banks will have huge excess reserves so as to prevent inflation. Back to the publication:
Central banks, commercial banks can typically obtain only by the fact that the central bank granted them credit. For these loans, commercial banks have to pay the central bank interest rate. Increase this rate, the central bank, the “prime rate”, the commercial banks usually raise their part, the rates at which they lend themselves. There will be a general rise in interest rates. This, however, dampens the tendency of businesses and households, the demand for loans. By raising or lowering the key interest rate the central bank can thus influence the business sector demand for credit – and thus on Lending and bank money creation.
The commercial banks need central bank money to cover not only for the reserve, but also to the cash needs of its customers. Each bank customer may be credit in the bank account into cash to pay off. If the stocks of the banks in cash to be in short supply, the central bank can create only remedy. Because only they are permitted to bring additional notes in circulation. To meet the cash needs of its clients, the commercial bank must therefore include, where appropriate, with the central bank for a loan. This leads to the creation of central bank money. The so-purchased assets for central bank money can pay off the commercial bank in cash let. Thus, the cash is in circulation: from the central bank to commercial banks and from these to the bank customers.
Central Bank money is also to cover the non-cash payments are required: a customer transfers money from its credit to a customer at another bank, this results in many cases led to the sending bank central bank needs to transfer money to the receiving bank. The central banks then moves from one bank to another.
The commercial banks can use the surplus of central bank money and to award additional credits to businesses and households. As previously described, arises from the award of additional credits additional demand for central bank money – which can be covered in this special situation of great uncertainty among banks by the existing excess liquidity. The abundant supply of liquidity relief, a bank that wants to provide a loan, from the traditional consideration of how much money they need after the award of credit is, how it is constituted, and at what cost. Using the so-called money creation multiplier can be estimated how large the potential for additional Credit limit is.
Do you get it now?
Private banks don’t make loans because they have extra deposits lying around. The process is the exact opposite:
(1) Each private bank “creates” loans out of thin air by entering into binding loan commitments with borrowers (of course, corresponding liabilities are created on their books at the same time. But see below); then
(2) If the bank doesn’t have the required level of reserves, it simply borrows them after the fact from the central bank (or from another bank);
(3) The central bank, in turn, creates the money which it lends to the private banks out of thin air.
It’s not just Bernanke … the central banks and their owners – the private commercial banks – have been running the printing presses for hundreds of years.
Of course, as I pointed out Tuesday, Bernanke is pushing to eliminate all reserve requirements in the U.S. If Bernanke has his way, American banks won’t even have to borrow from the Fed or other banks after the fact to have reserves. Instead, they can just enter into as many loans as they want and create endless money out of thin air (within Basel I and Basel II’s capital requirements – but since governments are backstopping their giant banks by overtly and covertly throwing bailout money, guarantees and various insider opportunities at them, capital requirements are somewhat meaningless).
The system is no longer based on assets (and remember that the giant banks have repeatedly become insolvent) It is based on creating new debts, and then backfilling from there.
It is – in fact – a monopoly system. Specifically, only private banks and their wholly-owned central banks can run printing presses. Governments and people do not have access to the printing presses (with some limited exceptions, like North Dakota), and thus have to pay the monopolists to run them (in the form of interest on the loans).
At the very least, the system must be changed so that it is not – by definition – perched atop a mountain of debt, and the monetary base must be maintained by an authority that is accountable to the people.
Note: When I receive a better translation I will post it.