Thursday, December 16, 2010

Get Angry

GET ANGRY

Some links on the Federal Reserve. The first 8 videos are a great history (but long), listen to part 8 though. Or listen/watch to the 3 or 4 videos after that first 8.

http://esoterickno.blogspot.com/2010/12/nefarious-history-of-federal-reserve.html

And if you have time, listen to this guy's (Jim Rickards) hour long presentation. The video probably won't load, so skim through his slides, and then listen to the audio. I respect Jim Rickards a lot, and apparently so does the Military, many corporations, and some of the wiser in government.

http://outerdnn.outer.jhuapl.edu/rethinking/VideoArchives.aspx

Now my rant.


I've known all about the Federal Reserve's shady past and more recently their bailing out their bros in mega banks and in wall street for a while. In my perfect world a lot of these guys in wall street and the four biggest banks would have all their assets both domestically and abroad nationalized, the worst offenders executed, and the rest sent to word hard or starve camps. Their cohorts in the SEC and big media the also covered for them would follow them to their fate.

But this world isn't my world (probably a good thing as messed up as this world is). But there are a few things the public should be DEMANDING be done-

* The Federal Reserve's charter is ending soon. It should not be renewed. I agree with the concept of an organization like the Federal Reserve that is semi-independent of politics, but it should not be controlled by private interest. Currently the Federal Reserve either electronically or through a printing press creates fiat currency backed by "faith" and then loans that money to the federal government AT INTEREST. Congress is the only agency authorized in the Constitution to manage currency, and it needs to do it's job by creating an organization similar to the Federal Reserve in the sense that it is independent of politicians, but yet still is an organism of the state which is not controlled by secretive private interest (do a search on who actually owns the Federal Reserve banking system...you won't find much, but what you do find will be very disturbing).

* We need to start cutting back our support for the IMF and quit having Hillary Clinton via the State Department act like Santa Clause. A week doesn't go by where I don't hear of the IMF giving another emergency loan to a European entity (and the IMF's largest contributer is the United States...i.e. the US Taxpayer). I understand we are all interconnected now, but the amount of billions that have gone to non US banks and institutions abroad is staggering, 100's of billions of dollars, much of it will vanish. This goes back to the whole who actually owns the Federal Reserve problem. It might be acting in the interest of the current global financial system, but guess what? That system has not been acting the the US national interest for quiet some time now. Time to cut the ties. And our state department weekly is giving away billions of dollars to other countries. Other countries are so used to us now giving them money that they become offended when we don't. Well I've got news for the Washington elites. Giving foreign aid to build infrastructure in third world countries so mega corps can move operations there and replace US workers with the local near slave labor is not in the national interest. Some of our Washington friends might want to look at Detroit, we could use some of those billions at home. Our cities and our national infrastructure is falling apart.

* Break up the "too big to fail" banks and corporations. If a single business entity's failure would result in a national security risk, then that entity is too big and should be broken up into smaller entities. Efficiency and economies of scale (the bogus arguments used against breaking megas up) if even true are always trumped by national security concerns. Bust 'em up, in all industries, bring the full powers of the Sherman anti-trust laws to bare and use them.

* There needs to be limits on interlocking directorates. If you think capitalism in America is going to work when it is made up of a few oligarchies in business and media, plus a few mega banks, all regulated by a government populated by their past or future employees, you are smoking something. There is a balance between having government officials come from industry (which in theory could be a good thing because they bring real life vs academic knowledge of how things work) and government agencies being so dominated by private sector employees that essentially whole government departments operate as nothing more then extensions of the very industries they are charged with overseeing (SEC anyone? FDA?). I'm not sure what the correct balance is, I just know that rampant corruption exist and the balance needs to swing back towards government independence.

* Our trade policies suck. Trans national capital, the same folks that own our Federal Reserve, have crafted our "free" trade policies. These folks are more interested in maximizing their personal profits than they are about the health of the United States. These trans nationals fund almost every economic think tank I can think of, and their agents run rampant in the policy formulation cells of government. Our schools and especially our MBA programs constantly drone on and on about the benefits of globalization. No one seems to bother to look up from their propaganda laden text books and look outside. America is dying. Our tax base is shrinking (I think on average state governments are taking in roughly 75% of the tax revenues that they took in a few years back). Why? We have outsources over 44,000 factories each with over 500 workers. You cannot outsource huge sectors of your economy and throw millions out of work and expect to continue to grow and thrive. Perhaps theoretically the utopia of globalization would work if all the other players played with the same rules that the United States plays with. They don't. Almost every other nation on earth operates in either covert (Europe) or overt (China) mercantilism. Sadly, the concept of mercantilism isn't even very well taught in schools anymore for fear it might cause people to question the current prevailing wisdom on globalization as being inevitable and good. Wikipedia even goes so far as to redefine globalism to relate it back to a "zero sum game" which I don't think is really what mercantilism is all about. Mercantilism is the realization that national wealth (a nation's economy) is directly proportional to a nation state's power projection. If you want a more powerful nation, build it's economy. Cheating is OK. Playing unfairly is OK. Doing things in the interest of your people rather than being an ideologue while your people's standard of living drops is OK. The US needs to realize that foreign countries steal our technology with no regard to copyrights (though they expect us to follow the law to a t). Most nations have total disregard to protecting any sort of American digital media (movies, music, eBooks, etc...). Heck some movies even open in theaters in Beijing before they are even released yet anywhere in the world by the Hollywood companies that produced them. You can go to Mexico and openly without any sort of Mexican government intervention buy any of the latest pirated video games for less than $5 bucks. The Chinese army is driving an exact duplicate of the HUMVEE now, think GM, or the tax payers that funded the development of the HUMVEE are seeing any compensation for that? Think the world trade organization would ever even bring this up? There is just case of case of this. The Japanese owe us BILLIONS for transistor and microprocessor patent infringements...think we will ever see a dime of that? How many thousands of cases are their where US companies go into "joint ventures" with overseas "partners" to make short term profits on one or two deals, to only see their technology stolen and produced illegally indigenously when the venture is over? America HAS to start operating in the interest of the nation as a whole, not exclusively for the interest of the global trading/financial class that benefits from our trade policies even as our country declines.

* Lastly, we need to put limits on lobbyist in Washington (people individually or collectively have a right to have their interest heard, but they do not have the right to bribe).

There are many cultural things that would help us out too. I think our country needs to live for Jesus rather than money or the false religion that is currently being coalesced (a combination of political correctness, globalism, being green, and a watered down "all paths lead to God" spirituality). I could go on there but that is a different rant...

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