economics

Mysterious Currency Transfers Before 9-11

Very interesting interview with Bill Bergman who worked at the Chicago Federal Reserve for over 13 years as an economist and financial markets policy analyst,

As with many others in a wide range of fields, when he started asking questions his employment position was no longer needed.

Here is the interview:

http://youtu.be/EG6ohMJ0mow

Find Out What Happened When a Federal Reserve Employee Questioned Unusual Currency Movements Before 9-11

Bill Bergman-a former Federal Reserve (Chicago branch) economist and policy analyst, who has raised concerns about unusual currency transactions pre- 9-11----including billions in one hundred dollar bills, is the guest this week on the Robert Wenzel Show.

Bergman worked at the Chicago Federal Reserve for over 13 years as an economist and financial markets policy analyst, until he started asking questions about unusual currency movements before 9-11. On the show we talk about what happened to him, after he started his investigation.

Recovering from Controlled Demolition of Our Economy: Structural Solutions are Easy, Removing the Demolition Criminals is Hard

source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2010m5d28-Ellen-Brown-US-economic-reform-creates-fullemployment-renewed-infrastructure-zero-national-debt

Attorney and author of the brilliant Web of Debt, Ellen Brown, is among the leading US advocates of monetary reform and state-owned banks. Among Ellen’s articles is one worth highlighting for how quickly a national economy can turn from ruin to astounding productivity: Nazi Germany’s direct creation of money to pay for public goods and services.

US war embezzlement visualized: 4-minute video banned from Congress testimony: “Iraq for Sale”

hyperlinks and videos live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2010m2d23-US-war-embezzlement-visualized-4minute-video-ban...

Robert Greenwald, the creator of Brave New Films, testified to the House Appropriations Committee, Subcommittee on Defense about war profiteering. He planned to show a 4-minute excerpt from his film, “Iraq for Sale,” as a more powerful communication than his mere speaking but was blocked by a majority vote of those in favor of the Iraq war.

The powerful and revealing 4-minute video is below.

Following is a 3-minute CBS News story of then Secretary of Defense Rumsfeld admitting the Pentagon “lost” $2.3 trillion dollars:
That’s $23,000 for every US household,
or embezzling $1,000,000 from a military project 2,300,000 times,
or embezzling a million dollars a day for 6,300 years,
or embezzling over 600 million dollars a day, every day, for ten years.

Following that is a 4-minute video of President Eisenhower’s warning mixed with Rumsfeld’s Congressional testimony dancing around the Department of Defense (DOD) waste.

Solutions to US economic controlled demolition are obvious, but We the People must demand them

hyperlinks and video live at source: http://www.examiner.com/examiner/x-18425-LA-County-Nonpartisan-Examiner~y2010m2d20-Solutions-to-US-economic-controlled-dem...

Nobel economist Paul Krugman wrote the US economy is “doomed,” Obama “clueless,” and summarizes his analysis of President Obama’s economic leadership with simply:

Oh. My. God.

Mr. Krugman joins a growing list of characteristically dry economic experts expanding the margins of their self-expression to communicate to Americans that kleptocratic parasites have destroyed the US economy.

The good news is that the solutions are obvious, available right now, and elegantly simple to understand and implement.

Let’s start with understanding these solutions, provide a snapshot to professional economists’ horror of our economic destruction, and close with PuppetGov’s 8-minute video, “America’s controlled economic implosion” to add visual and artistic dimension to our understanding.

Nobel economist Stiglitz: "US privatized profits, socialized losses is not capitalism." It’s fascism

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2010m1d25-Nobel-economist-Stiglitz-US-privatized-profits-s...

Joseph Stiglitz understands half the US economic disaster when he explains current policy is “no way to run an economy that’s going to work,” “there’s moral hazard everywhere,” and newly-invented and unregulated financial markets have only increased risk, not decreased it.

The Nobel Laureate, former chief economist for the World Bank, and current Columbia university economics professor understands fully that US economic policy is designed to benefit an elite-class of financial market “traders.” He accurately articulates that gambling losses in fraudulent credit default swaps, collateralized debt obligations, and leveraged investments/bets without the capital to back their losses are socialized by the TRILLIONS in an unprecedented transfer of wealth from taxpayers to a financial oligarchy. And Mr. Stiglitz understands the consequences of a shattered economy on near-record unemployment in the US most accurately measured at 22%.

Goldman Sachs: Record of $23 billion in bonuses for 2009; explaining their economic parasitism

hyperplinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2010m1d1-Goldman-Sachs-Record-of-23-billion-in-bonuses-for...

Goldman Sachs is among the most visible financial parasites. Their executives have a revolving door through the US Treasury Department. They profit through “trading,” much like Enron did; including selling investments represented as AAA while simultaneously betting the value of those investments tank. Their CEO says they’re “doing God’s work,” as Enron’s CEO said, “We are on the side of angels.” A US Senate report puts the parasitic cost to Americans at $2 to $4 trillion every year. To put that figure into perspective, that’s an almost unbelievable $20,000 to $40,000 added cost per US household every year. Goldman Sachs is so happy with their “trading,” they’ll pay out a record of $23 billion in bonuses to their top employees for their 2009 work.

There are professionals in economics and finance using the term “parasitism” in its literal sense to describe our US economy.

HR 4173: Congress promises banksters $4 trillion without hearings next time they cry, "Bailout!"

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2010m1d1-HR-4173-Congress-promises-banksters-4-trillion-wi...

Prominent financial futurist Gerald Celente calls what the oligarchic collusion of government and banksters are doing to the American public as economic rape. Bailout overseer and Harvard law professor Elizabeth Warren calls it reckless gambling. After the year of the world’s largest transfer of wealth from US taxpayers to banksters, Congress is telling the US taxpayers, “TARP off,” by guaranteeing the banksters another $4 TRILLION next time they claim they’re holding the US economy hostage. The bill also limits debate to 10 hours, which could be eagerly construed to mean no hearings.

$4 trillion is ~$40,000 per average US household. The last so-called bailout also didn’t have any hearings; that is, expert testimony of how the public interest could best be served through public policy. Are we being financially raped? Are we feeding gambling addicts in a tragic-comic Ponzi scheme? And most importantly, is there an answer that ends the crisis and moves America forward?

What is the alternative to our economic slavery? Powerful response in the film Zeitgeist Addendum

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m12d27-The-past-present-and-future-of-money-and-econom...

Zeitgeist Addendum is the 2008 follow-up to the 2007 100 million Internet-viewed Zeitgeist. The film focuses on humanity’s fundamental problem of a viciously antagonistic relationship among ourselves and its reflection in economic structures. The solution presented is to understand three areas of money and economics, and one area of philosophical creative potential:

1.The mechanics of our fractional reserve monetary system that only and always creates debt that is impossible to ever repay.
2.Our corporatocracy governments that enslave nations under unpayable debt to control resources and profit.
3.The option of upgrading our economy from a scarcity and profit-based paradigm to a resource and technology-driven paradigm.
4.The philosophy of emergence and symbiosis to embrace humanity’s interconnectedness and constant evolution.

Let’s proceed with an examination of Zeitgeist Addendum’s analysis of humanity’s economic past, present, and future.

Washington's Blog: Copenhagen Climate Treaty scam: trillions in taxes with Enron-like trading rules

hyperlinks live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m12d17-Washingtons-Blog-Copenhagen-Climate-Treaty-scam...

My favorite economic analyst, Washington’s Blog, documents what’s developing in disclosure of the provisions within the Copenhagen Framework, including Enron-like skimming of non-wealth producing “trades.” I provide a summary that the global temperature data and revealed e-mails seem to fully falsify the premise for the global taxes.

I recommend Washington’s Blog as a daily visit. Here is his post, in full:

Friday, December 11, 2009
Copenhagen Framework Demands Huge Amounts of Spending, But Allows Enron-Style Accounting Tricks So That Carbon Isn't Actually Reduced

The UN and other agencies calling for a war on global warming say the price tag will be trillions.

But - according to top experts on climate and cap and trade - the regulatory framework being rammed through in America and internationally won't actually reduce carbon to any meaningful degree. See this, this, this and this.

Climategate: summary, comprehensive explanation of unethical science, and Jon Stewart's take

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m12d2-Climategate-comprehensive-explanation-of-unethic...

Sir Christopher Monckton of the Science and Public Policy Institute has written the most comprehensive understanding I’ve found of the “Climategate” scandal, Climategate: Caught green-handed. I wrote a condensed version, here. The even further condensed version:

Global temperature averages peaked in 1997, and have been on a slight overall decline through 2009. Among the six global warming gases, carbon dioxide (CO2) is the most important. CO2 readings have increased beyond 1997 through to the present. The global warming argument is that CO2 increases causes increased global temperatures. The scandal is that scientists at the University of East Anglia's Climatic Research Unit (CRU), the main data point for the global warming argument, had thousands of internal e-mails leaked that revealed the following unethical and possibly criminal behavior:

Manipulating computer programming to “hide the decline” of global temperatures.

"Mainstream" media censors economic solutions, Federal Reserve controls economic journals

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m11d30-Mainstream-media-censors-economic-solutions-Fed...

People with intellectual integrity and moral courage embrace the evidence of “mainstream” media lies of omission and commission regarding US wars and transfer of trillions of dollars to banksters. The evidence linked is objective, independently verifiable, and in broad daylight for anyone and everyone to see.

So-called “mainstream” media also censors consideration of the answer to our economic crisis: monetary reform. When the facts are clear that transferring the power to create money from banks to the public for the direct payment of taxes saves Americans over a trillion dollars every year, ends the national debt and ~$450 billion in annual interest payments, and that this idea was backed by many of America’s brightest historical minds, that this idea would solve our unemployment catastrophe (and here), and the idea has no mention from these five corporations, we can safely conclude deliberate censorship.

Climategate: falsified data, suppressed evidence, professional journal censorship = carbon tax scam

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m11d26-Climategate-falsified-data-suppressed-evidence-...

The following 8-minute interview explains and shows that independent university measurements were accurate and “official” data was fraudulent (and here). This data was contrived to support a global carbon tax, a new exotic derivative for skimming money from working families. People within the US government is complicit in this criminal fraud; members of Congress are initiating investigation.

For analysis from Ian Plimer, best-selling author countering alleged global warming data, go here. Below is House Committee testimony of Al Gore denying any data that condtradicted the basis for a global carbon tax that would cost Americans hundreds of billions of dollars in new taxes.

Expect heavy spin for damage control from the "mainstream" media that so brutally lied to justify and cover US Wars of Aggression.

US Senate: Banksters the new Enron; manipulating markets to add trillions to consumer prices

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m11d18-US-Senate-Banksters-the-new-Enron-manipulating-...

``Ironically, hedge funds trading oil are not doing anything very different than the large investment banks such as Goldman Sachs, Bank of America, or Morgan Stanley already do. The proprietary trading desks of these and other large investment banks are actually 'hedge funds in drag,' just as Enron was.'' -- Peter C. Fusaro and Gary M. Vasey, Hedge Funds Change Energy Trading

``Enron did two things for us. It validated our model, and in 2000, 13 big market makers agreed to support the ICE's efforts.''-- Jeffrey Sprecher, Chairman and CEO, Intercontinental Exchange

“It's one of the most frustrating things. We essentially have had modern-day bank robbers -- except that they wore gray suits and not masks -- and there's been no accountability for it ...

US monetary system: Robber Baron-era design makes US debt peons forever. You knew that, right?

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m11d13-US-monetary-system-Robber-Baronera-design-makes...

"At first blush, a man is not capable of reporting truth; he must be drenched and saturated with it first." – Henry David Thoreau, I to Myself.

As I’ve previously written, the interest payment on the national debt is now ~$450 billion every year, there is no plan to ever repay the debt (we only pay the interest), and our monetary system only and always creates money as debt: condemning us to perpetually increasing debt for ourselves and our posterity.

Financial expert Gerald Celente: American public losing everything to fascist oligarchs

hyperlinks and video live at source: http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m11d12-Financial-expert-Gerald-Celente-American-public...

Gerald Celente is one of the world’s best trend forecasters. In the following 4-part radio interview, Celente blasts current political and economic “leadership” as beholden to large corporate and financial interests. As I’ve documented, professionals who work with economics are using unprecedented harsh language in attempt to get Americans’ attention to the loss of trillions of our collective dollars. His comments include (paraphrased):

“Too big to fail” banks are anathema to real capitalism.
US economy is like a ruthless mafia ripping-off the American public. The US is being looted.
US economy is no longer capitalism, it’s oligarchies and fascism.
We are witnessing the greatest heist in American history, and the banks are doing it.
“I don’t like getting raped. I don’t like my money going to Goldman Sachs.”
“Do you have eyes to see and a mind to understand? These crimes are an affront to my intelligence.”