True Lies.

If the U.S. had not "bailed out" large Wall Street investment banks (with loans of worthless printed dollars from the Federal Reserve Bank) the economy may have been in worse shape and unemployment much higher - but only because the bankers would have "tightened" the money supply and the wealthy would have held on to what they had.
It's more accurate to say that the only threat to the economy was a staged one.

The Federal Reserve and other national central banks are a part of a large international banking system which controls and runs most of the world. These banks represent the concentration of extreme amounts of wealth and power - so much that they can tell governments and corporations what to do, how to do it and when to do it. Central banks and large investment banks have been causing both good and bad economic times for many centuries.

The reason these central banks and large investment banks wanted "loans" from the US government (which amounted to gifts from the US Treasury with US taxpayer liability) was so they could have liquid capital to "loan" to other banks to pay off their enormous debt. Capitalism and the entire world economy is based on credit and debt. With interest rates low, investors move away from savings accounts, traditional CDs and the like because they are not making any money. As investors pulled their money out of banks, the banks were short of money to pay their obligations. The banks lowered their lending interest rates so that they could make borrowing money attractive.

The world economy, based on fiat or paper currency, becomes stagnant if money is not moving - being loaned, borrowed, invested, etc. Much of the worthless paper currency printed by the Fed ended up in Wall Street investment banks, foreign banks and other places where the covering of CDS - credit default swaps - was necessary. These CDS - not certificates of deposit - were no more than the banking equivalent of gambling - betting on whether a stock would go up or down, whether a company or industry (the real estate market in which hundreds of thousands received home loans that they would never be able to repay) would succeed or fail.

The financial kingpins have been playing a game with us for many years. The entire world economy was based on credit - but the level of debt was much too high to ever be paid off - it still is. As the system began to collapse, the economy of the world needed an injection of liquidity - more paper money to move around, to cover debts, shorts, losses, margin calls, etc. This has been going on for a long time. It came to the attention of many American people at the end of the administration of Bush II and at the beginning of Obama's. The printed money, which has no value other than what the bankers say it's worth, was given to bankers so that the fragile world economy, sinking under an enormous debt load, could stay afloat for a little while longer while the extremely wealthy robbed as much as they could by killing jobs, raising prices, shifting money around electronically and with paper instruments and with other tricks from a very deep bag.

Telling the American people it was necessary, the US government became suddenly socialist, nationalizing automaker GM by making the US government and the auto workers' unions the owners - at the same time the majority of the stockholders with the smallest holdings were robbed - receiving only a fraction of their investments. Since then, Obama has advanced toward dictator status largely unseen by most of the US voters. The health care legislation was rushed through congress because it's filled with changes to law in defiance of the constitution - paving the way for socialist and fascist dictatorship. Many executive orders were signed by Obama - changes to law not requiring that the congress ever approve or disapprove them. Don't be fooled, Mr. Obama is working for the same international financiers that both Mr. Bushes and many presidents before them worked for. It has been said that the last honest and independent US President was Andrew Jackson - he was publicly and privately against the formation of a central bank in the US.

The US civil war was fought less over slavery than about keeping the union together so that a central government could be formed in Washington DC and the rights of individual states - states rights - could be gradually done away with. All the power would rest in the central government - which is where most of it is today. The southern states were becoming independent of the northern states in business and economic matters - good business deals with foreign nations and slavery helped make the southern plantations more wealthy than many northern businesses. The north, still under control of mainly British bankers, were not about to let the south break away with financing from the French and other European powers. So - the civil war and it's bloody vengeful aftermath of retaliation and punishment by hordes of Yankee renegades burning farmhouses and killing families. The northern bankers were not about to let the south forget who was boss. And the south has never forgotten what was done to them.


Many people believed that they had struck a blow for freedom in the U.S. elections of 2008. But, the sad reality is that they struck a blow against freedom. Not that a Republican victory would have guaranteed perfect freedom - voting in most elections now is a choice between the lesser of evils. Ultimately, a system where people and businesses are free to function without excessive government regulation is a system where the most freedom possible is allowed to flourish.

The so-called Libertarian party has a general platform of no or very little central government power and intervention in the lives of individuals or businesses. Supposedly, they believe in returning the power to the states and the local governments. This is in line with the original intent of the U.S. Constitution which gave the federal government the power to protect and defend our borders and to coin money. Libertarians should have had much success standing on these principals. But, individual candidates running on the Libertarian ticket have differing viewpoints. It's the ultimate in liberty - a party where all the candidates choose to believe whatever they want, causing endless confusion for the voters - most of whom don't bother to research what the candidates actually stand for. A closer look reveals that many Libertarians believe in the legalization of marijuana; others stand on very unusual or minority viewpoints. This has given the party, fairly or unfairly, a reputation of being a party of outsiders that few take seriously. If the Libertarians had taken a more conservative and unified approach, they would have had much more success.

Other minority parties such as the Tea Party may or may not be successful as they take votes from the Republicans and Democrats and give either of those parties an edge in an election. The Tea Party has already been infiltrated with Republicans who are seeking to take control of it or who may have started it in the first place.

Perhaps the greatest good of the 2008 Democrat victories was to cause the Republican party to get back in touch with its true conservative base - if it does, they can expect to have some success. But, what actually appears to have happened is that the political parties and most politicians continue to stand publicly on issues that will win elections for them - and then privately do what they are told by the enormously wealthy special interests that control them.

Barack Obama and many democrats in the United States were elected to office because many people wanted change. The change they expected was an end to war, a government recognition and greater acceptance of their minority lifestyles or more protection for the environment. Some were expecting more government welfare - a Robin Hood system where the government excessively taxed the evil rich and undertaxed the oppressed poor. The change they did not want or did not expect was a major change in the economy. Always remember that when the rich, the extremely rich and powerful, the large corporations or the medium-sized and small business are threatened with additional taxes, a loss of income or an increase in operating costs - they will respond by cutting costs. Employees may see pay cuts, loss of benefits or even loss of jobs. Such changes have ripple effects through the entire economic and political system.

The large, noticeable change in the economy began at the end of the George W. Bush administration. An unprecendented bailout of large and extremely wealthy investment banks, financial institutions and the insurance industry was provided by the Federal Reserve Bank. This institution is not federal because it is not under government control. Its reserves are questionable as it prints money to cover what it needs. This bank is actually part of a large international finance cartel that controls so much money and wealth that it controls governments and private industry.

Shortly after Mr. Obama was elected, the government took over General Motors - a very large international automotive corporation. The majority of ownership was transfered to the worker's union and the government. The stockholders who had much of their savings invested in the company were paid pennies on the dollar. They lost a large part of their investments. Their money was taken by government edict and executive order. This is socialism and similar acts are found in historical communism and fascism.

Shortly later, a revolutionary health care bill was passed that included much more than health care reform. A banking reform bill was passed that will reshape the economic structure of the nation - again, there is much more in the bill than banking reform. If this legislation is allowed to stand unchallenged, the United States is well on its way to become a socialist, communist, fascist nation where all-power is centralized in the federal government and held with an iron fist. Simply read historical accounts of the Nazi regime of Adolf Hitler or the communist leadership of the USSR under Lenin and Stalin for an overview of what happened under such tyrannical leadership of the past.

According to many accounts, Obama and Hillary Clinton were both students of the teachings of Saul Alinsky. He advocated gradual change from a republican or democratic form of government to a socialistic, communistic one. His way was to train activists to infiltrate all areas of society - the church, the government, the schools - and gradually convince people that the ways taught in the communist manifesto, written by Marx and Engels, were right for society. Obama worked in Chicago as a community organizer for groups such as Acorn - organizations which have been identified by many to be front groups for communist activism. The problem with socialism and communism is that private ownership and power is taken from the people. The government or the state becomes the all-powerful central agency. The government has the power to give and take as it sees best - it sets the rules for who gets and who gives. A select few make decisions for the many - and make no mistake about it, those who are making the decisions are enormously wealthy and powerful, even though their representatives may appear to be just like the rest of us.

Ultimately, we must realize that politicians and political parties will not bring solutions that are lasting or benovelent for a majority of the common people. Politicians and political parties become corrupted by the big money special interests who pay for the election campaigns of the politicians and who lobby the Congress to get legislation that is favorable to their special interests - banks and financial institutions, international corporations of all kinds - automobile manufacturers, drug companies, health care companies - you name it. Finally, the extremely wealthy, super-rich have an agenda - to get and keep all the money that they want. And, enough is never enough. The greed of company owners caused the need for worker's unions. There was never a labor union until workers were treated unfairly - not paid or not paid enough, worked for too many hours without sufficient time off and other benefits. The greed of the bosses created the need for labor unions. If the owners and the managers they hired to run their companies had treated the workers fairly, there would never have been the need for a union. The greed of the owners spread to the workers and labor unions became so powerful that they forced many small businesses to close or sell out to large corporations. Now, large corporations and large labor unions are in powerful, ruling positions and the workers are subject to them both. Men and women will never solve the problems because the men and women who know the ways to solve the problems are not allowed the power to bring about the solutions. Those who are in power are greedy and want to keep their power and wealth.

The Biblical books of Ezekiel, Daniel and The Revelation of Jesus Christ reveal a scenario in which the world becomes divided into 10 regional confederations with a centralized world government and a world dictator - we are very near that point now. The economic union of the U.S., Canada and Mexico is already becoming a reality - perhaps a political union will follow. The rest of the world is similarly divided up into regions and natural and man-made disasters can bring rapid changes to a world set up for major change. Would the world accept a world central government with one currency - perhaps if times were bad enough? Germany accepted Hitler during hyperinflation - a time when their money was worthless. Who is to say it will not happen again? Prepare and realize that only the One True God of Abraham, Isaac and Jacob - the Lord Jesus Christ the Messiah, Yeshua ha Mashiach - can save us out of trouble and bondage and save us eternally from our sins. Only God can keep the world from destroying itself and all the people and things that are in it. Look to God for answers and not to men or women.




Here's an excerpt from an online article - it's a very good explanation of what is happening in the world economy - a simple, free economics lesson about a very complicated subject.

Fed's QE Ponzi Scheme begins to Backfire, written by Gary Dorsch on Dec 8 2010, 11:32AM
- In a taped interview with CBS’ “60 Minutes” that aired on December 5th (2010,) Federal Reserve chief Ben “Bubbles” Bernanke tried to brainwash the American public, into believing that “Quantitative Easing” (QE), is absolutely necessary in order to prevent further losses of jobs, and tried to assure his listeners that he has the skills to keep inflation under control. The US-jobless rate would have risen far higher, “something like it was in the Depression, at 25%,” -- had the Fed not provided tens of trillions in loans to Wall Street banks and other financial companies, he said.

Two-years ago, the Wall Street Oligarchs played the central role in the greatest financial scandal in the history of the world, - one which wiped out tens of trillions of dollars in wealth, nearly bankrupted giant corporations and entire countries, and plunged the world into the deepest slide in global trade since the Great Depression. Huge profits were made in sub-prime mortgages, based on a Ponzi scheme of exotic financial derivatives and sliced packages. When it came crashing down, the public treasury was looted to cover the financial aristocracy’s losses. Since then, the Fed has carried out QE-1 between March 2009 and March 2010, in which it bought $1.45-trillion in mortgage-backed securities and $300-billion in Treasuries.
Together with pegging interest rates at zero-percent, weakening the US-dollar, and flooding the stock markets with cheap credit, - the Fed enabled US banks and S&P-500 companies to record bumper profits, even as they slashed jobs and capital spending, and suffered revenue declines. With QE-1, the Fed channeled interest free money into the coffers of the Wall Street Oligarchs, which in turn, was used to buy higher yielding Treasury bonds. In a single stroke, the Fed monetized the US government’s debt, and at the same time, bankers earned double or triple the interest rate at which it was borrowed. They pocketed billions under the scheme. Wall Street banks also bought high-grade corporate and junk bonds, and emerging market bonds, to fatten their profit margins. At the end of the day, QE-1 was utilized to recoup the gambling losses of the financial aristocracy, and created fertile conditions for driving-up equity markets.

Mr Bernanke is an addicted money printer. He’s the most idolized Fed chief among a growing number of gold and silver worshippers. Beyond his epoch history making with QE, the Fed chief is also famous for the “Bernanke Put”, which is deeply ingrained in traders’ minds. Traders need not worry about market declines, since the Fed will always bail them out with rate cuts. If interest rates are already slashed to zero, then the Fed would open the floodgates with massive injections of QE. In this regard, Bernanke is widely admired by the high stakes rollers on Wall Street, for his ability to jig the stock market higher, regardless of signs of a weak economy. Following a sharp correction in the US-stock market last May and June, and steep job losses, Fed chief Bernanke rode to the rescue with promises of QE-2. Within months, the S&P-500 recouped its earlier losses, and stock market bulls praised Bernanke and his merry band of money printers, to the high heavens. Bernanke has gone several steps further. He’s assured Wall Street that the federal funds rate will be pegged near zero-percent interest rates through 2012, and that he’s not bothered by a weaker US-dollar. Asked on “60-Minutes” if the Fed could cross the Rubicon again, and unleash QE-3, Bernanke replied, “It’s certainly possible. It depends on the efficacy of the program. It depends, on inflation. And finally it depends on how the economy looks,” he said.

So far, the Fed has injected $1.85-trillion into the money markets, under its QE-1 and QE-2 experiments, which in turn, have fueled huge parabolic rallies in key industrial commodities, such as cotton, copper, rubber, and crude oil, and jettisoned precious metals into the stratosphere. Soybeans have increased 30% under the influence of QE-2, and live cattle prices are at all-time highs. “If the Fed did not act, then given how much inflation has come down since the beginning of the recession, I think it would be a more serious concern,” Bernanke explained. The Fed argues that QE is not inflationary, because the electronic money is sitting in the coffers of the banking Oligarchs, and isn’t circulating in the general economy. “One myth that’s out there, - is that what we’re doing is printing money. We’re not printing money. The amount of currency in circulation is not changing. The money supply is not changing in any significant way,” Bernanke said on Dec 5th.

Is the majority of the American public gullible enough to believe the Fed’s gimmicks? Unfortunately, the answer is yes. Most Americans haven’t even heard of QE. However, they are aware that the cost of gasoline is 50-cents /gallon higher at the pump, than it was a few months ago. But do they realize that the increase is linked to the Fed’s QE-2 scheme? Do most Americans realize that higher gasoline prices are paid, to fund the Fed’s insurance policy to prevent further job losses? Not everyone is buying into the Fed’s propaganda. Sarah Palin, the former vice-presidential candidate, wrote in a Nov 18th letter, “It’s time for us to refudiate the notion that this dangerous experiment in printing $600-billion out of thin air, with nothing to back it up, will magically fix economic problems. All this pump priming will come at a serious price. And I mean that literally. Everyone who goes out shopping for groceries knows that prices have risen significantly over the past year. Pump priming would push them even higher,” Palin argues. As the late astronomer, Carl Sagan, and advocate of skeptical inquiry used to say, “One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the Bamboozle. We’re no longer interested in finding out the truth. The Bamboozle has captured us. It is simply too painful to acknowledge - even to ourselves - that we’ve been so credulous.”

The facts do not jive with Mr Bernanke’s defense of QE. The fact is, the MZM Money supply has mushroomed in size by $450-billion over the past six-months, - the equivalent of 3% of GDP. That’s even before the Fed’s QE-2 injections begin to take effect. The MZM supply could easily top $10-trillion in the months ahead. MZM measures the most liquid components of the money supply, available for spending. MZM can be immediately redeemed without suffering a penalty or a capital loss. Traders in the gold and silver markets, have enjoyed the magic carpet ride of the expanding MZM money supply, (M2, plus all money market funds, less small time deposits), - and are guided by the following words of wisdom, “Paper money eventually returns to its intrinsic value – Zero,” - Voltaire 1729.

The Fed certainly has the tools to fight inflation. “We could raise interest rates in 15-minutes if we have to. So, there really is no problem with raising rates, tightening monetary policy, slowing the economy, reducing inflation, at the appropriate time. That time is not now,” Bernanke said. However, it’s doubtful the Bernanke Fed would get a green light to tighten monetary policy under the command of President Obama, or from the Wall Street Oligarchs, who are overdosing on the highly addictive QE-drug, and won’t be able to kick the dangerous habit. As the brilliant Albert Einstein used to say, “Reality is merely an illusion, - albeit a very persistent one.”

For the Fed, the specter of soaring commodity prices, across a wide array of markets worldwide, is not a sign of inflation. Instead, it’s a signal of strong demand from emerging economies. In fact, the Fed doesn’t even include food and energy, - the basic staples of life, in its definition of inflation. And that’s very good news for investors in commodities and precious metals. But for the ruling authorities in China and India, the upward spiral in commodities is not an illusion. Sharply higher costs for food and energy cause great angst among their populations that earn less than $2 /day.

The Continuous Commodity Index, a broad based index of 17-equally weighted commodities, is now 28% higher than a year ago, and within a few percentage points of its all-time high. Bank of India chief, Duvvuri Subbarao, warned on Nov 3rd, “While the ultra-loose monetary policy of advanced economies may benefit the global economy in the medium term, in the short term, it will trigger further capital inflows into emerging market economies and put upward pressure on global commodity prices.” With the world’s biggest populations, and fastest growing economies, the People’s Bank of China (PBoC) and the Bank of India, have led the way, in trying to cap the explosive rise of the commodities markets, by lifting interest rates, and hiking bank reserve requirements.

Hiking margins requirements on Chinese traded commodities, initially led to a knee-jerk shakeout, but bullish sentiment is already back in full swing. Furthermore, Chinese and Indian interest rates are yielding less than the underlying inflation rate, encouraging investors to buy precious metals.

In 2010, EU finance ministers agreed to a proposal sponsored by Germany and supported by France for a new fund to replace the existing €750-billion bailout fund, which expires in May, 2013. The new European Stability Mechanism (ESM) allows for the restructuring of debts that are owed by weaker Euro-zone governments in dire straits, and can result in big losses for bond holders and major creditors. Amid a flight from risky Greek and Irish bonds, and fears that Germany might eventually ditch the Euro, traders have flocked into the “safe havens” of gold and silver.

Sharply higher commodity prices are creating havoc for Beijing.The US Treasury hoped the new reality would force the Chinese Politburo to allow the yuan to climb at a faster pace against the US-dollar. On Nov 13th 2010, China’s FX chief, Jin Zhongxia, criticized the Fed’s QE-2 scheme. China “doesn’t support the monetary easing that causes capital inflows to increase the risk of asset bubbles. Major countries that excessively print money to get out of their own economic difficulties, pose a policy dilemma for emerging economies. That will impose greater pressure on capital inflows, bigger bubbles in asset markets and inflationary pressure,” Jin warned. But Bernanke shot back on Dec 5th 2010, “Keeping the Chinese currency too low is bad for the American economy, because it hurts our trade. It’s bad for other emerging market economies. If they fix their currency to the dollar, then they’ll have the same monetary policy, essentially, that the United States has. China is growing very quickly. They’re risking inflation by importing US monetary policy. And that’s a problem for them,” Bernanke warned. Thus, QE-2 is also aimed at China.

“What’s the end game here? Where will all this money printing on an unprecedented scale take us? Do we have any guarantees that QE-2 won’t be followed by QE-3, QE-4, and QE-5, until eventually, - inevitably, - no one will want to buy our debt anymore?”, Sarah Palin asked on Nov 5th. However, the political cronies appointed to the Fed aren’t listening. They have a hidden agenda. If the Bond vigilantes can turn the US-Treasury market into a Greek style wasteland, then the Fed’s wild-eyed QE-experiments would go up in smoke.

Mr Bernanke will be on the telephone, consulting with former Fed chief “Easy” Al Greenspan, seeking guidance on ways to stem the bleeding in the T-bond market. However, “The budget deficit problem, I believe, is far more dangerous than most of us contemplate on a day by-day basis,” Mr Greenspan warned on Sept 24th. “What we see is politicians cutting taxes with borrowed money, and spending on new programs, new projects with borrowed money. But the debt is increasing at a rate of over a trillion dollars a year. And because interest rates are low, being in a weak economy, it is very easy for the government to sell as many bonds as it wants. I think there’s a complacency rising at this stage. Interest rates are down for a number of technical reasons. But, assuredly they’re not going to stay here,” Greenspan warned. “We don't know at this stage why or how the markets respond to this sort of -- this type of massive budget deficit. And I think we’re taking a very high risk. This is not a tradeoff between good and bad. In fact, I sometimes put it between terrible and catastrophic,” Greenspan added.

On Dec 8th, Li Daokui, an advisor to China’s central bank warned, “we should be clear in our minds that the fiscal situation in the United States is much worse than in Europe. When the European debt situation stabilizes, attention of financial markets will definitely shift to the United States. At that time, US Treasury bonds and the US-dollar will experience considerable declines,” he said. “Oh what a tangled web we weave, when first we practice to deceive,”-- Sir Walter Scott.

The gift of eternal life is freely given to those who trust in Jesus as their savior. Those who believe, pray, read the Bible and allow themselves to grow in spirit and truth by trusting in Jesus and in the guidance of the Holy Spirit are brought into the family of God and will spend eternity with Him. You can read more about Jesus in the Gospel of John.

Topics.
The Good News - the Gospel of John.
The Sermon on the Mount
The Life, Death and Resurrection of Jesus Christ.
Paley's Evidences of Christianity
Sherlock's The Trial of the Witnesses of the Resurrection of Jesus Christ
Words of wisdom and warning.
The Authority of the Holy Scriptures - the Bible.
The Sign of Jonah.
The Two Babylons.
Thoughts.
Thoughts for today and every day.
...a refiner and purifier of silver.
Prophecies confirming Jesus as the Messiah.
To the Jew first and to the Gentile - Come let us reason together.
The Way.
Spirit.
Atheism.
Belief in God or science?
Old fossils?
Evolution or devolution?
The Shroud and The Sudarium.
The Revelation of Jesus Christ.
Blood and Flesh.
Christmas.
Psalms, hymns and spiritual songs.
How should followers of Jesus live?
A praise and worship leader gone astray?
St. Valentine's Day.
The influence of feminism, new-age and pagan philosophy in the church.
God, the Father.
Marriage is for one man and one woman.
Touchy subjects.
The apostate church.
The last days.
Ancient conflict - Isaac vs. Ishmael.
A Tale of Two Films - The da Vinci code and The Passion of The Christ.
Current events and topics.
Fascism.
To veterans and to those who serve in the armed forces.
The world.


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