• 35 Million Americans on Food Stamps: 12 Percent of U.S. Population on Food Stamps Highest Since Records Kept in 1969, and that’s before the Obama administration announced a planned three-year budget freeze on government discretionary spending. (My Budget 360)
• 18 Million empty houses in the United States and 39 million Americans who are no longer working or looking for work, and that’s before Federal Reserve finishes rewriting the rules of American “capitalism” as US Housing, the Automobile Industry and the American Dream are dismantled. (The 31-Year-Old in Charge of Dismantling G.M., David E. Sanger)

“There are now well over 150 million Americans who feel stress over these things on a consistent basis. Over 60 percent of Americans now live paycheck to paycheck.”  (The Economic Elite vs. People of the USA, David DeGraw)

In an effort to explain our escalating financial crisis, the American Nightmare (an Environmental Dream), the “experts” are under the erroneous impression that the Fed “missed” the warning signs leading up to the October 2008 meltdown.

The pundits are focusing their angst on the 44th POTUS, who might very well go down as the single most inept president in all of American history. (How to Squander the Presidency in One Year, David Michael Green)

Barack Obama is not inept, greedy or stupid and he isn’t one of  “us.”

He rose from obscurity to power with his top economics adviser, Zbigniew Brzezinski, the co-founder of David Rockefeller’s Trilateral Commission and he travels in the same circles as other members of the super-secret Skull & Bones Society at Yale University, who pretend to be running for president every four years.

The decision to have Obama preside over the greatest financial calamity since the Great Depression was made five years ago; the November election was a formality. (Why Joseph Biden will be the Next Vice President of the United States)

To believe otherwise, is to ignore the Bradley/Palin effect and the decision by John McCain to wait until his concession speech to shed the image of a nasty “grumpy old man.”

In September 2008, when the Obama campaign seemed to be slumping and their candidate’s long-standing lead in the polls had evaporated, the senator’s supporters openly worried that a potential victory might be slipping away. Then, providence joined the campaign: The failure of the giant investment bank Lehman Brothers followed by a global financial meltdown in the month of October.

“Things do not happen. Things are made to happen.”   John F. Kennedy

And, “speaking of change”, the escalation of the war in Afghanistan and Iraq and his policies on Guantanamo, state secrets, renditions, executive power, bailouts and the stimulus packages are for the most part identical to those of George W. Bush.

However, the policies at the Federal Reserve have changed inexplicably, monumentally and historically:

As of October 2008, the men behind the Federal Reserve, all connected to the House of Rothschild, are no longer giving up what’s left of their real wealth so the middle class can live the American Dream, a nightmare for the planet.

Brian Deese, special assistant to president Obama for economic policy, in his first government position, shuffles back and forth from the West Wing to the Treasury Department (Federal Reserve) rewriting the rules of American “capitalism” as he dismantles the US Housing, Automobile Industry and the American Dream. (The 31-Year-Old in Charge of Dismantling G.M., David E. Sanger)

Deese’s First Rule: Withdraw Credit and Liquidity:

Causing spending to fall even further, forcing companies to cut back on inventory and staff – Creating even more unemployment…263,000 jobs eliminated bringing the total to 39 million Americans who are no longer working or looking for work. (The September Employment Rate is 90%)

And that’s before the recently announced “planned three-year budget freeze on government discretionary spending.”

Capitalism never made sense

“The Fed didn’t miss anything; the October meltdown was an inside job”

Professor Ebeling, the Ludwig von Mises professor of Economics at Hillsdale College, understood something was wrong when he wrote, “The perverse development and evolution of historical capitalism, the institutions necessary for a truly free-market economy have been either undermined or prevented from emerging.”

But when he claimed, “It is the principles and the meaning of a free-market economy that must be rediscovered” in order to overcome the burden of historical capitalism and save liberty, he should have written that principles must be rediscovered in order to prevent the planet from attempted murder (ecocide).

American “capitalism” and our consumer economy never made economic, environmental or common sense—unless the goal was ecocide.

Capitalism and a not-so-free market economy based on consumer products, that is, products we are manipulated to want, not need, was never sustainable. Consumers consume…the resources of the planet.

Who is Responsible?

The “experts” are under the impression this is the natural order of things.

Allegedly, this is another “example” of the private credit monopoly of rich and predatory moneylenders that “prey upon the people of the United States” for the benefit of themselves. [1]

“For the benefit of the middle class is a more accurate statement.”

The people responsible for the October collapse, our Federal Reserve, also get credit for the windfalls of “Monopoly Money”, created out of thin air, which financed our consumer society.

Those predatory moneylenders gave the middle class the highest standard of living in the world.

Recall when the American economy appeared headed into a recession at the end of the dot-com bubble, the Federal Reserve began slashing short- term interest rates until they reached a historically low one percent. The move re-inflated the economy by allowing homeowners to extract $750 billion in equity from their homes—up from $106 billion in 1996—and apply the dollars toward a multitude of consumer items and other credit card debt.

As interest rates plummeted and alleged home equity artificially soared, buyers were able to afford first and second homes, and they did it by taking out risky mortgages with “teaser rates” similar to those offered by the credit card industry. Even as interest rates adjusted upward, the sponsoring banks used complicated financial derivatives to resell the risky mortgages as “asset-backed paper.”

As housing prices edged downward and mortgage rates inched upward, the recession was put on hold with the help of an astonishing 10 to 12 credit card offers per month being delivered to some consumer mailboxes. The credit card companies issued 1.5 billion cards to 158 million cardholders and promised an improbable zero percent interest—some deals for up to 18 months. (Similar to mortgage debt, the credit card debt is put into pools also known as derivatives that are then resold to investment houses, other banks and institutional investors.)

Thank those rich and predatory moneylenders for the short-term interest rates and the liquidity that allowed the debt to be pooled, sold and resold.

But blame them because our hyper-shopping has wreaked havoc on the planet.

Who is Behind the Federal Reserve?

Rockefeller, Kuhn, Loeb and Morgan—all connected to The Global Financial Elite (TGFE), direct the Federal Reserve to create money out of thin air.

The process that the Federal Reserve, or any bank, uses to create money “consists of making an entry in a book, that is all,” said Graham Towers, governor of the Bank of Canada. “Each and every time a bank makes a loan (a debt) . . . new bank credit is created—brand new money.”

Money used to pay for the Industrial Revolution, orchestrate the Great Depression, the stagflation of the 1970’s, the dot-com and the housing market bubbles, resulted in 60 years of unprecedented prosperity for the middle class.

These scoundrels at the beginning of the 20th century, owned or controlled one-sixth of the world’s real wealth: raw materials, commodities, copper, iron ore, petroleum, lead, silver and gold.

So how do they get rich exchanging real wealth for about $500 trillion of the Monopoly money they printed?

They don’t, they are the losers, not the middle class!

Remember those trees we chopped down so just about anyone in America could afford their dream house, or those mountains we blew up so we could have that fat station wagon in our driveway? All of those resources “now used up”, were once owned or controlled by the robber barons of our history books.

Their real wealth, not yours or mine has been “cut, mined and hauled away so Americans could trash the planet with houses, second houses, cars, RVs, TVs and DVDs— the cheap stuff we associate with the good life that put the planet on the downward spiral to ecocide. (Dem Bones is Connected To De Debt Bone)

The middle class should be thanking those scoundrels for all that “stuff”—but blame them for conning us into trashing the planet.

The Story of Stuff

The Story of Stuff, an animated video about the underside of our consumer society, believes the scoundrels are a bloated corporation sporting a top hat with a dollar sign etched on its front.

Film narrator, Annie Leonard argues our environmental damage is the result of the greedy corporations externalizing costs (shift them onto the public and the environment) so they can make more money.

But that premise is contradicted on film when Annie stands in line to buy a radio for $4.99 and correctly realizes the price couldn’t possibly capture the cost of the radio but incorrectly concludes that the greedy corporations pollute the environment so they can make more profit. [2]

If profits were the motive, then why wasn’t the radio $5.99?  A price anyone would consider a “throw away” or loss leader.

We have come to believe that everything wrong in America is about someone getting rich while we are getting swindled.

That our economy runs on profits is a true statement, but imagine how much those moneygrubbers would have made if the radio was $5.99.

That $1.00 would be 100% pure profit.

The swindlers and scoundrels downward-manipulate the costs of what was in 1910 their real wealth:

Raw materials, commodities, copper, iron ore, petroleum, lead, silver and gold, to industry at prices lower, not higher as you would expect, so the corporations can still make a profit selling you a radio for $4.99.

Downward manipulation is an uneconomic aberration discovered in the precious metals market by the noted silver analyst Ted Butler.

We are conditioned to believe that prices are always inflated so the greedy corporations can make more money but Ted Butler’s research confirmed the price of silver has been manipulated to stay at the $4-5 price range for years. The beneficiaries of this type of manipulation are the consumers since industrial users can sell their products cheaply and still make a profit. (The Myth of the “Free” Enterprise Economic System)

Behind every consumer society is the reality of a credit-based monetary system and a fiat currency.   Behind every fiat currency is a Federal Reserve or a Central Bank controlled by The Global Financial Elite including, Rockefeller, Kuhn, Loeb and J.P. Morgan, Ted Butler’s prime suspect in the “ongoing intentional not accidental” great crime of keeping the price of silver low so consumers can buy a lot more ‘radio’ (silver) for their dollar.” (The Real Story, Theodore Butler, Silver But No Silver Lining)

Annie should be asking herself why those scoundrels intentionally sold their raw materials cheaply so just about everyone could afford the American Dream, a nightmare for the Planet.

Ecocide Results in Cognitive Dissonance

The premise that anyone would intentionally damage the planet, which future generations will inherit, results in Cognitive Dissonance (CD). CD is the discomfort felt at the discrepancy between what you already know or believe, and new information or interpretation that contradicts a strongly held belief system.

But what if the attempted murder of the environment was the goal from the beginning and not the unintended consequence?

Then we were “conned” into shopping for stuff to intentionally because The Global Financial Elite are in a metaphysical war with mother-earth (Gaea) and hope to attain immortality in the New World Order. [3]

Now the world around you will finally make sense.

Hot, flat, and crowded Thomas L. Friedman will finally know what planet George W. Bush is on.

Bush lost the war on terrorism and the war in Iraq, but is winning the war waged on the environment.

Dubya was deadly serious about Ecocide when, after rejecting the global climate change targets of the July 2008 G8 summit, he said, “Goodbye, from the (then) world’s biggest polluter.” China is now the world’s biggest polluter, Meat, Milk and Motors: The New China Syndrome

Ecocide Eliminates the Stupid Explanations

We see the collapse of GM and Chrysler as the result of failed public policy, government action, inaction and conclude the leadership is inept, arrogant or just “stupid” because only Ecocide could explain an industry that failed to keep up with the competition and adjust to new market demands.

Did Detroit forget the Volkswagen Beetle was the most successful car in history?

An incredible 21,529,464 Beetles were produced with the same body style and the same taillight (World’s 5 Most Successful Cars).

The policies and decisions for the last 31 years aren’t inept or stupid if the goal was pollution.

The Beetle as a mobile pollution device was a failure. Its effects on the environment were minimal compared to the Detroit lineup of egocentric gas-guzzlers, all designed with a different taillight and eco-unfriendly accessories.

The “Evil” Federal Reserve made sure that shiny new automobile with the V8 engine, chrome wheels and bumpers was so cheap just about everyone in America could afford the mobile pollution device of their dreams.

Ecocide Explains Why Alaska is in the Picture

Most analysts point to the oil shock of the mid-1970s, set off by the Arab oil embargo of 1973 as the turning point for the US economy and automobile industry.

Why didn’t our then-President Richard Nixon and the rest of the U.S. government promote mass transit, renewable energy, and high-mileage vehicles?

Because the objective that makes the most sense was to disturb 800 miles of the most pristine country in Alaska with the Trans-Alaska Pipeline.

In 2008 we had a similar shock when $4.50 a gallon gasoline convinced Americans they should give up their last Arctic wilderness (U.S. Economy in Free Fall, Why is the Arctic National Wildlife Reserve in this picture?).

Ecocide Explains why Electricity is so Cheap

Electricity radically transformed and expanded our energy use. To a large extent, electricity defines modern technological civilization and made the Industrial Revolution and therefore our consumer society possible.

Electric power arrived barely a hundred years ago, but high costs and the Great Depression dried up most investment capital and delayed electric service to rural Americans until President Franklin Roosevelt signed into law the Rural Electrification Administration (REA) in 1935.

The REA loaned money created by the Federal Reserve at low interest rates and helped to set up electricity cooperatives.

Historically, energy is priced below its actual environmental and social cost in order to create excessive demand and discourage conservation. In other words such pricing diminishes the value of energy to users and causes them to use it irresponsibly and increase the amount of pollution coal-fired plants generate.

Why is electricity priced so cheap that “only the rich can afford to burn candles”?

Because cleaner alternatives like wind, solar or even natural gas don’t require mining companies to use dynamite to blast away 800 to 1,000 feet of 500 mountaintops and bury over 1200 miles of rivers and streams. [4]

Ecocide explains why 54% of electricity comes from the most abundant raw energy, coal and is the dirtiest source of power for much of the world. Coal-fired plants harm wildlife, generate smog, soot, acid rain, global warming, toxic air emissions and require billions of gallons of our most precious resource—water.

He Ruined the Country

The private credit monopoly of rich and predatory moneylenders do not “prey upon the middle class” to get rich.

You don’t become wealthier by exchanging gold, silver and raw materials for about $500 trillion of the Monopoly money you print.

Moneylenders created the middle class and then conned us into trashing the planet because Ecocide was the goal not the unintended consequence.

American “capitalism” and our consumer economy make perfect sense if the goal was the attempted murder of the planet.

Maybe ecocide is what Woodrow Wilson meant when he confessed that he “ruined the country.”

_______________________________________________________________________

Robert Singer writes for Disinfo, The Market Oracle and The Peoples Voice.

Follow me on Twitter (https://twitter.com/rds2301)

If you make people think they’re thinking, they’ll love you; but if you really make them think, they’ll hate you.”– Don Marquis

Footnotes:

[1] Congressman Louis T. McFadden, Chairman of the House Banking & Currency Committee, speech on the floor of the House of Representatives, June 10, 1932.

[2] “Corporations Rule the World”, David Korten (1995): “If some portion of the cost of producing a product are borne by third parties who in no way participate in or benefit from the transaction, then economists say the costs have been externalized and the price of the product is distorted accordingly.

[3] Ecuador Approves New Constitution: Voters Approve Rights of Nature, Mari Margil, Associate Director The Community Environmental Legal Defense Fund. An Ominous Drilling Sign for the Truth

[4] On March 25, Democrats introduced legislation that would prohibit the dumping of mining waste into streams. More than one million acres of Appalachia have already been affected by this practice, Senator Alexander says, “An estimated 1,200 miles of headwater streams have been buried under tons of mining wastes. More than 500 mountains have been impacted, and homes have been ruined and drinking water supplies contaminated” (Enviros Win Injunction Against Mountaintop Removal Mining).

Barack Obama is not inept, greedy or stupid and he isn’t one of  “us”.

He rose from obscurity to power with his top economics adviser, Zbigniew Brzezinski, the co-founder of David Rockefeller’s Trilateral Commission and he travels in the same circles as other members of the super-secret Skull & Bones Society at Yale University, who pretend to be running for president every four years.

The decision to have Obama preside over the greatest financial calamity since the Great Depression was made five years ago; the November election was a formality. (Why Joseph Biden will be the Next Vice President of the United States)

To believe otherwise, is to ignore the Bradley/Palin effect and the decision by John McCain to wait until his concession speech to shed the image of a nasty “grumpy old man.”

In September 2008, when the Obama campaign seemed to be slumping and their candidate’s long-standing lead in the polls had evaporated, the senator’s supporters openly worried that a potential victory might be slipping away. Then, providence joined the campaign: the failure of the giant investment bank Lehman Brothers followed by a global financial meltdown in the month of October.

And, “speaking of change”, escalating the war in Afghanistan and Iraq and his policies on Guantanamo, state secrets, renditions, executive power, bail-outs and the stimulus packages are for the most part identical to those of George W. Bush.

However, the policies at the Federal Reserve have changed…inexplicably, monumentally and historically:

As of October 2008, the men behind the Federal Reserve, all connected to the House of Rothschild, are no longer giving up what’s left of their real wealth so the middle class can live the American Dream, a nightmare for the planet.

Brian Deese, special assistant to president Obama for economic policy, in his first government position, shuffles back and forth from the West Wing to the Treasury Department rewriting the rules of American “capitalism” as he dismantles the US Housing, Automobile Industry and the American Dream. (The 31-Year-Old in Charge of Dismantling G.M., David E. Sanger)

Deese’s First Rule: Withdraw Credit and Liquidity:

Causing spending to fall even further, forcing companies to cut back on inventory and staff – Creating even more unemployment…263,000 jobs eliminated bringing the total to 39 million Americans who are no longer working or looking for work. (The September Employment Rate is 90%)

And that’s before the recently announced “planned three-year budget freeze on government discretionary spending.”

The Federal Reserve Act of 1913

One of the most important domestic acts in the nation’s history took the power to create money from the people and gave it to the robber barons of our filtered history books in theory for profit.

The Federal Reserve was instrumental in the development of America into a world power.

The United States, in its first decades, was a land of small farms and nearby towns with few cities of any consequence. The young nation seemed far more interested in becoming a successful experiment in democracy, rather than an economic power.

A central bank, necessary for a consumer society, large cities, a common medium of exchange, and a mechanism to regulate that medium were greeted with hostility, since many of the nation’s leaders disdained the urban life.

Anyone who spoke against the “Creature from Jekyll Island” by G. Edward Griffin was silenced.

Presidents Garfield and McKinley, outspoken champions of “sound” money and opponents of a central bank, were suspiciously silenced permanently.

The conflict between rural values and urban reality ended when Woodrow Wilson “unwittingly ruined his country” and signed into law the legislation that put “the growth of the nation . . . and all our activities in the hands of a few scoundrels (men).”

Once those scoundrels got control of the supply of money in the Franklin Roosevelt Administration, they began to buy government securities at the rate of ten million dollars a week for 10 weeks, and created one hundred million dollars in new (checkbook) currency, which alleviated the critical famine of money and credit, and the factories started hiring people again.” (Secrets of the Federal Reserve, Eustace Mullins)

Now those scoundrels remain in control of the supply of money in the Barack Obama Administration, they are making generous interest payments to the banks for “parking” their TARP and other government taxpayer bailout money, which is aggravating the critical famine of money and credit, and the factories started laying people off (263,000 people in September bringing the total to 39 million Americans who are no longer working or looking for work).

One of the more absurd notions that found its way into the history books and the writings of economic experts, is that somehow these Robinhood barons (swindlers and scoundrels of history) were made wealthier by manipulating the Monopoly money they created out of “thin air” used to “alleviated the critical famine of money and credit” so the factories could start hiring people again and finance our consumer society.

In 1910, the men behind the Federal Reserve Rockefeller, Kuhn, Loeb and Morgan, all connected to the Rothschild’s global financial empire, owned or controlled one-sixth of the world’s real wealth—gold, silver and raw materials—not the fiat currency we call money.

And their real wealth, where is it now?

Used up, as in consumed, by the middle class so former members of the Third Estate (serfs and slaves) could have houses, cars, RVs, TVs and DVDs—the affordable things we take for granted which put the planet, according to theGEO4, a massive United Nations Report, at the “unknown points of no return.” (Liberté, Egalité, Fraternité – Providence, Miracle or What Really Happened)

The swindler’s and scoundrel’s wealth, not yours or mine, was eventually “cut, mined and hauled away,” so that Americans could “trash the planet” with that cheap stuff until October 2008.

Money control, Gustav Stolper wrote in “This Age of Fables” is, “the supreme and most comprehensive of all governmental controls and the 1838 quote:

“Permit me to issue and control the money of a nation, and I care not who makes its laws” (Incorrectly attributed to Mayer Amschel Rothschild who died in 1812).

Reflects the “maxim” of the House of Rothschild.

However, “money lenders of the Old World” cannot be talking about profits unless you believe The Rothschilds didn’t understand that they were about to give up $500 trillion of real wealth in exchange for $500 trillion pieces of worthless fiat currency.

During the last 100 years, those swindlers and scoundrels were able to distort the structure of relative prices; generate misallocations of labor and capital throughout the economy; rationalize new governmental interventions in the face of the market “instability” manipulate the patterns of and the profits from international trade which resulted in the Industrial Revolution, the Great Depression, the stagflation of the 1970s, the dot-com and the housing market bubbles and unprecedented prosperity for the middle class.

Would we have a financial crisis to go with our environmental crisis if Wilson hadn’t ruined the country when he gave away the people’s right to print their own money and we had our own bank?

No.

North Dakota is the only state in the union to own its own bank. The Bank of North Dakota (BND) was established by the state legislature in 1919 specifically to free farmers and small businessmen from the clutches of out-of-state bankers and railroad men.

The state of North Dakota, one of only two states (along with Montana) expected to meet its budget in 2010. North Dakota was also the only state to actually gain jobs in 2009 while other states were losing them. Since 2000, North Dakota’s GNP has grown 56 percent, personal income has grown 43 percent and wages have grown 34 percent. North Dakota in 2009, had a budget surplus of $1.3 billion, the largest it ever had – in a state with a population of 700,000. (The North Dakota Model for Capitalizing Community Banks, Ellen Brown)

North Dakota, a land of small farms and towns more interested in remaining a successful experiment in democracy rather than an economic power.

At this point, it is advantageous to consider the efforts of writer Andrew Hitchcock:

“The Rothschilds have been in control of the world for a very long time, their tentacles reaching into many aspects of our daily lives, and are the hidden hand behind all the social cataclysms in history: The French and American Revolution, the Civil War, World Wars, the Industrial Revolution, the Federal Reserve (and our consumer society).”

John Sherman, a Rothschild protégé in a letter sent to New York bankers on June 25, 1863 in support of the then proposed National Banking Act, wrote:

“The few who understand the system, will either be so interested in its profits, or so dependent on its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantages…will bear its burden without complaint, and perhaps without suspecting that the system is inimical to their best interests.” (World War II And Pound, 1940-1945: The Anti-Semite Revealed, Ellen Cardona)

In other words, the “few that understand the system”, without a 20th century environmental perspective of the middle class “trashing the planet”, would not be capable of comprehending a system that would put the planet at the “unknown points of no return” because the environmental damage and pollution was the goal and not the unintended consequences of the Industrial Revolution and our consumer society.

The Federal Reserve isn’t evil because they print our money and make us pay interest on it; they are evil because they are in a metaphysical war with mother-earth (Gaea).

October 2008 marked the last day the “lender of last resort” would give up what’s left of their real wealth, used to con us into shopping for useless toxic stuff, to weaken their opponent, mother-earth. (Ominous Signs Are Aligned: Not A Particularly Good Sign (11-09))

Robert Singer writes for  disinfo, The Market Oracle and The Peoples Voice.

WASHINGTON — The U.S. economy ceased to function this week after unexpected existential remarks by Federal Reserve chairman Ben Bernanke shocked Americans into realizing that money is, in fact, just a meaningless and intangible social construct.

Calling it “basically no more than five rectangular strips of paper,” Fed chairman Ben Bernanke illustrates how much “$200″ is actually worth.

What began as a routine report before the Senate Finance Committee Tuesday ended with Bernanke passionately disavowing the entire concept of currency, and negating in an instant the very foundation of the world’s largest economy.

“Though raising interest rates is unlikely at the moment, the Fed will of course act appropriately if we … if we …” said Bernanke, who then paused for a moment, looked down at his prepared statement, and shook his head in utter disbelief. “You know what? It doesn’t matter. None of this — this so-called ‘money’ — really matters at all.”

“It’s just an illusion,” a wide-eyed Bernanke added as he removed bills from his wallet and slowly spread them out before him. “Just look at it: Meaningless pieces of paper with numbers printed on them. Worthless.”

Read More in the Onion

• The trouble with being a contrarian is that you can never be quite contrarian enough. We began having doubts about the ‘feds inflate…gold soars’ hypothesis last year. It was too easy…too obvious. And if it were that easy to inflate a nation’s currency, how come the Japanese couldn’t get the hang of it in the ’90s?
• Inflation, yes…but not for a while. And gold? Well, we are in it for the long run. In the short run, anything could happen.
• To clarify our view on gold, The Daily Reckoning is not bearish on the metal. It is not bullish on the metal either. It is buggish. We are gold bugs. In the long run, gold will retain its value. Since that’s all we ask of it, we are always satisfied. Even if it is down in the short run – and it went through an 18-year down cycle from 1980 to 1998 – it will come back in the long run.
• A wave of risk aversion swept through global markets, triggering massive technical selling in the precious metals.
• Bullion tumbled more than 4 percent in heavy trade, briefly falling below $1,060 an ounce as escalating sovereign debt fears in Europe prompted investors to bid up the dollar and unload riskier assets.

The “experts” are having trouble explaining the movements in the precious metals markets because they just can’t comprehend a debt-based monetary system.

The process that the Federal Reserve, or any bank, uses to create money “consists of making an entry in a book, that is all,” says Graham Towers, governor of the Bank of Canada. “Each and every time a bank makes a loan (a debt) . . . new bank credit is created—brand new money.”

There is just no limit to the amount of monopoly those scoundrels behind the Federal Reserve can create out of “thin air” that they use to manipulate the dollar on the foreign exchange market and the precious metals at the Comex.

You are free to blame them for keeping investors from being wealthy while everyone else is out of work, out of hope and living in tent cities, but be sure and thank them for postponing the greatest calamity the world has ever seen.

When The Powers That Be can no longer keep the precious metals from taking off and the dollar from landing at zero, look out, Mad Max and the breakdown of society is around the corner: This is an Ominous Neutral Sign.

Previous article at disinfo: Ominous Signs Are Aligned: Not A Particularly Good Sign

Coming soon: An Oily Obaminous Sign

The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists who stockpile ammo, bottled water and peanut butter. After this week’s congressional hearing into the bailout of American International Group Inc., you have to wonder if those folks are crazy after all.

Wednesday’s hearing described a secretive group deploying billions of dollars to favored banks, operating with little oversight by the public or elected officials.

We’re talking about the Federal Reserve Bank of New York, whose role as the most influential part of the federal-reserve system — apart from the matter of AIG’s bailout — deserves further congressional scrutiny.

The New York Fed is in the hot seat for its decision in November 2008 to buy out, for about $30 billion, insurance contracts AIG sold on toxic debt securities to banks, including Goldman Sachs Group Inc., Merrill Lynch & Co., Societe Generale and Deutsche Bank AG, among others. That decision, critics say, amounted to a back-door bailout for the banks, which received 100 cents on the dollar for contracts that would have been worth far less had AIG been allowed to fail.

That move came a few weeks after the Federal Reserve and Treasury Department propped up AIG in the wake of Lehman Brothers Holdings Inc.’s own mid-September bankruptcy filing.

Treasury Secretary Timothy Geithner was head of the New York Fed at the time of the AIG moves. He maintained during Wednesday’s hearing that the New York bank had to buy the insurance contracts, known as credit default swaps, to keep AIG from failing, which would have threatened the financial system.

The hearing before the House Committee on Oversight and Government Reform also focused on what many in Congress believe was the New York Fed’s subsequent attempt to cover up buyout details and who benefited.

By pursuing this line of inquiry, the hearing revealed some of the inner workings of the New York Fed and the outsized role it plays in banking. This insight is especially valuable given that the New York Fed is a quasi-governmental institution that isn’t subject to citizen intrusions such as freedom of information requests, unlike the Federal Reserve…

Embattled Federal Reserve Chairman Ben Bernanke won confirmation for a second term Thursday, but only by the closest vote ever for the crucial post and after withering criticism from lawmakers for bailing out Wall Street while other Americans suffered in recession.

The Senate confirmed Bernanke for a new four-year term by a 70–30 vote, a seemingly solid majority but 14 votes worse than the closest previous vote for a Fed chairman.

The battle over Bernanke’s confirmation has been a test of central bank independence, a crucial element if the Fed is to carry out unpopular but economically essential policies. Its decisions on interest rates can have immense consequences, from the success or failure of the largest companies to the typical home-buyer’s ability to get an affordable loan to the price of cereal at the grocery or gas at the corner station.

Created by Congress in 1913 after a series of bank panics, the Federal Reserve is an independent agency, supposedly outside politics, but its chairman is typically assailed by lawmakers and others when the economy falls and jobless ranks lengthen.

Read More: AP via Yahoo News

A key question at the heart of the controversial bailout of AIG is just how much money the government lost. The Federal Reserve and Treasury Department have worked to keep that number secret and to conceal who was on the winning end.

An unredacted document obtained by the Huffington Post list the damage in detail. Goldman Sachs alone, for instance, got $14 billion in government money for assets worth $6 billion at the time — a de facto $8 billion subsidy, courtesy of taxpayers.

The list was produced as part of a congressional investigation led by the House Oversight and Government Reform Committee into the federal bailout of AIG.

The Federal Reserve Bank of New York, then led by now-Treasury Secretary Tim Geithner, purchased a slew of souring assets from the world’s biggest banks for 100 cents on the dollar in November and December 2008. A scathing report by a government watchdog held Geithner responsible for the overpayments.

The New York Fed initially pressured AIG to keep the list hidden from investors, regulators and the public. When it was eventually filed with the Securities and Exchange Commission, the SEC allowed the Fed and AIG to keep the details secret. A heavily-redacted version was made public last March.

Read More: Huffington Post

The Federal Reserve asked a U.S. appeals court to block a ruling that for the first time would force the central bank to reveal secret identities of financial firms that might have collapsed without the largest government bailout in U.S. history.

The U.S. Court of Appeals in Manhattan will decide whether the Fed must release records of the unprecedented $2 trillion U.S. loan program launched after the 2008 collapse of Lehman Brothers Holdings Inc. In August, a federal judge ordered that the information be released, responding to a request by Bloomberg LP, the parent of Bloomberg News.

“This case is about the identity of the borrower,” said Matthew Collette, a lawyer for the government, in oral arguments today. “This is the equivalent of saying ‘I want all the loan applications that were submitted.’”

Bloomberg argues that the public has the right to know basic information about the “unprecedented and highly controversial use” of public money. Banks and the Fed warn that bailed-out lenders may be hurt if the documents are made public, causing a run or a sell-off by investors. Disclosure may hamstring the Fed’s ability to deal with another crisis, they also argued. The lower court agreed with Bloomberg.

Read More on Bloomberg

Image via Wikimedia Commons

The Federal Reserve generated record profits last year, reflecting money made off its extraordinary efforts to rescue the country from the worst economic and financial crisis since the 1930s.

The central bank announced Tuesday it logged a record windfall of $52.1 billion. Of that total, a record of $46.1 billion gets turned over to the Treasury Department.

It marks both the biggest profit and payment to Treasury on records dating back to 1914, when the Fed began operating. The previous record payment turned over to the Treasury — of $34.6 billion — was registered in 2007. In 2008, the Fed reported a payment of $31.7 billion.

The Fed’s efforts to end the crisis are separate from the $700 billion taxpayer-funded financial bailout program authorized by Congress in 2008 and overseen by the Treasury Department.

Originally set up to shore up banks, money from the publicly-derided program also has been doled out to rescue other types of companies, including General Motors, Chrysler and GMAC. President Barack Obama is weighing a levy aimed at recovering tax dollars from government-rescued financial institutions.

Read More: AP via Yahoo News

I wonder what it was like to be Ben Bernanke today, on the receiving end of an absolute lashing from Senator Jim Bunning. Here’s a taster:

Chairman Greenspan’s attitude toward regulating banks was much like his attitude toward consumer protection. Instead of close supervision of the biggest and most dangerous banks, he ignored the growing balance sheets and increasing risk. You did no better. In fact, under your watch every one of the major banks failed or would have failed if you did not bail them out.

Bunning then quoted Bernanke’s own words from his own confirmation hearing, when he said that “no bank is too big to fail”. No, Bunning wasn’t laughing either:

Rather than making management, shareholders, and debt holders feel the consequences of their risk-taking, you bailed them out. In short, you are the definition of moral hazard.

This is the sort of parliamentary rhetoric which we Brits are quite used to, but which is electrifying in the normally-staid confines of the US Senate. Good for Bunning for taking the gloves off.

Amen.

“An unusual coalition of progressive economists, labor leaders, and bloggers has decided to fight back against a congressional amendment that would allow the Federal Reserve to continue operating in secrecy.”

November 18, 2009

House Financial Services Committee
2129 Rayburn House Office Building
Washington, D.C. 20515

Dear Chairman Frank, Ranking Member Bachus, and Members of the Committee,

During the past two years, the Federal Reserve dramatically changed its operating procedures. Instead of simply setting interest rates to influence macroeconomic conditions, it rapidly acquired a wide variety of private assets and extended massive secret bailouts to major financial institutions.

There are still many questions about the Fed’s behavior in these new activities, including potential cronyism and favoritism in its distribution of many trillions of dollars. As the Special Inspector General for the Troubled Assets Relief Program recently wrote about their bailout of AIG, the Fed’s “strategy to pursue concessions from counterparties offered little opportunity for success, even in light of the willingness of one counterparty to agree to concessions.”

The Federal Reserve balance sheet expanded to more than $2 trillion, along with implied and explicit backstops to Wall Street firms that could cost even more. Who received the money? Against what collateral? On what terms and conditions? The only way to find out is through a complete audit of the Federal Reserve. That’s why we support the Paul-Grayson amendment requiring a complete audit.

The Watt amendment does not repeal the existing provisions that prohibit a GAO audit of the Federal Reserve. In fact, it adds entirely new additional categories of restrictions. Instead of opening up the Fed’s secretive activities to public inspection, the Watt amendment cloaks it in further secrecy.

A vote for the Watt amendment is a vote for more secret bailouts. We urge you to support Paul-Grayson instead.

Sincerely,

Dean Baker, Economist, Center for Economic Policy Research
William Black, Professor of Economics and Law
Tyler Durden, Blogger, Zero Hedge
Thomas Ferguson, Professor of Political Science, University of Massachusetts, Boston
James K. Galbraith, Economist, University of Texas
Leo Gerard, President, United Steelworkers Union
Jane Hamsher, Blogger, Firedoglake.com
Rob Johnson, Economist
Naomi Klein, Author, No Logo and The Shock Doctrine
Yves Smith, Blogger, Naked Capitalism
Andrew Stern, President, SEIU
Richard Trumka, President, AFL-CIO
L. Randall Wray, Professor of Economics, Center for Full Employment and Price Stability

“Things do not happen. Things are made to happen.”—JFK.

Our consumer society didn’t just happen, it was planned. Not in 1910, or 1954, but in the year 1832, the year William Huntington Russell and fellow classmate Alphonso Taft at Yale University founded the Skull and Bones society, a branch of the Bavarian Illuminati.

According to most of the available biographical data on its early members, the money required to sustain the secret order’s campus affairs and its broader role in placing its members into key positions of influence upon their graduation from Yale was derived from the opium trade in the Far East.

Members, known as “Bonesmen,” include Rockefeller, Kuhn, Loeb and Morgan all connected to the House of Rothschild’s global financial empire. They are founders of the Federal Reserve, the Bank of England, France, and Germany or, for that matter, any central bank anywhere in the world. The Federal Reserve Act of 1913, one of the most important domestic acts in the nation’s history, took the power to create money from the people and gave it to the Bonesmen, in theory, for profit.

Russ Baker’s new book, “Family of Secrets: the Bush Dynasty, the Powerful Forces That Put It in the White House, And What Their Influence Means for America,” is about George H. W. Bush’s secret intelligence work with the CIA many years before he became the Agency’s director. Bush Sr. had played a powerful but hidden role in determining the direction of the U.S. government.

It’s common knowledge that the Bushes sit at the intersection of America’s business and intelligence communities, but it not so common knowledge that the Bush Family, Bush Sr., Jr. and grandfather Prescott Bush, were all Bonesmen. Prescott Bush’s initiation in 1918 is said to have included robbing the grave of the Native American warrior, Geronimo. Prescott Bush helped Henry Ford, Averell Harriman and others finance Adolph Hitler.

Russ Baker suggests the strong possibility that Bush Sr. was connected to the assassination of President Kennedy because “Lyndon Johnson would be more obedient to Texas oil men.”

A more plausible connection is Abraham Lincoln was killed for the Legal Tender Act of 1862 and Kennedy for Executive Order 11110.  Lincoln’s “greenbacks” would have prevented the Federal Reserve from creating $500 trillion of money out of thin air, money that Warren Buffett and Marketwatch say financed our global consumer society.

And, JFK’s “United States notes” backed by silver, which were withdrawn the day he was shot, would have put the Federal Reserve out of business and returned to the Treasury Department the Constitutional power to create and issue a debt-free currency.

Anyone who spoke against the “Creature from Jekyll Island” (Federal Reserve banking cartel exposed by G. Edward Griffin) was silenced. Presidents Garfield and McKinley, outspoken champions of “sound” money and a central bank, were silenced permanently.

In 1908, President William Howard Taft, a second-generation Bonesmen, sent Congress a Constitutional amendment authorizing the Federal Income Tax, the foundation for the Federal Reserve System that was signed into law furtively by Taft’s successor, Woodrow Wilson, on Christmas Eve of 1913.

Robert Owens, a co-author of the income tax act, later testified that the banking industry had conspired to create a series of financial panics throughout the 19th century in order to rouse the people to demand “reforms” that served the interests of the financiers. The public became convinced that the country needed a central banking system to stop future panics, and helped the Bonesmen pass legislation that allowed  the nation’s money to be issued by a private central bank.

The Rothschild Brothers of London observed, “The few who understand the (Federal Reserve) system will either be so interested from its profits or so dependent on its favors, that there will be no opposition from that class.”

In 1980 Ronald Reagan is elected president of the United States and he and George H. W. Bush move into the White House.

Two weeks after taking office, Reagan addressed the nation on the economy.

“By 1960 our national debt stood at $284 billion. Today the debt is $934 billion. We can leave our children with an un-repayable massive debt and a shattered economy, or we can leave them liberty in a land where every individual has the opportunity to be whatever God intended us to be. Together we can forge a new beginning for America.”

In the same speech Reagan displays his innocence of Federal Reserve politics, “Now, in all of this we will, of course, work closely with the Federal Reserve System toward the objective of a stable monetary policy.”

On March 26, 1981 Reagan signs Executive Order 12301 establishing the Presidential Council on Integrity & Efficiency to review federal programs for inefficiencies and corruption.

Predictably, four days later, the Federal Reserve and H.W. Bush “works with” John Hinckley Jr. to instruct Reagan on the first lesson of Federal Reserve politics. A president can be more popular than the vice president, but not always more powerful.

Although the Bush and Hinckley family had long, close ties overlooked by the press— the brother of the man who tried to kill the president was acquainted with the son of the man who would have become president if the attack had been successful—the family connection between Scott Hinckley and Neil Bush did not escape Alexander Haig, who, after the Reagan assassination attempt, temporarily prevented Vice President Bush from taking control of the White House.

Reagan learned the lesson: he was a figurehead relegated to witnessing the growth of America’s hyper-consumer society and national debt from the sidelines.

Directly and indirectly, the Bonesmen orchestrated the Industrial Revolution, the Great Depression, the stagflation of the 1970’s and the dot-com and the housing market bubbles.

One of the more absurd notions that has found its way into the history books and the writings of economic experts is that somehow these men were made wealthier from the Monopoly money they printed, the same money that enabled consumers to buy houses, second houses, cars, RVs, TVs and DVDs, i.e. the cheap “stuff” we use on a daily basis. Let’s not forget the fact that in 1910 these men already controlled one-sixth of the world’s wealth. And that was real wealth—gold, silver and raw materials—not the fiat currency we call money. Don’t forget the world they owned and controlled in 1910 had a mostly balanced ecology.

The Skull and Bones society and the Federal Reserve were critical to the growth of our industrial and consumer society, but responsible for much of the financial and environmental damage done to the planet.

We perceive our Country as a constitutional republic, a government representative of the people and accountable to them; but it now seems that premise is nothing more than an illusionary, sentimental belief.

Want to know what steps must be taken to take our country back?  Watch the informative documentary, “How Cuba Survived Peak Oil.”

__________________________________________________________

Robert Singer is an Entrepreneur and the author of a forthcoming book on the Federal Reserve. His articles cover politics and the financial and environmental implications of our consumer society.  The articles have been main headlined and can be found on numerous popular websites: Marketoracle, Silverseek, Goldseek, disinformation.com, Daylife, LAprogressive, Canadafreepress, Opednews, Daily.pk and many of the Wordpress sites. Richard Daughty, The Mogambo Guru, proclaimed him a Junior Mogambo Ranger (JMR).

The end of our consumer society is on the horizon, which should be no surprise to anyone who took Economics 101. Do we really expect to spend our way out of this mess by buying and selling each other useless cheap stuff from China?

As the financial collapse gathers steam, gold and silver oracles like Butler, Friedman, Morgan and Turk who have been predicting for years the launch of the price of silver to the moon will see their prophecy fulfilled, but a celebration is not in order.

Being wealthy during the last 60 years of unprecedented prosperity at the expense of the Third World and the environment is one thing, but profiting from a bull market in silver when millions of hungry Americans are living in tent-cities next door is quite another.

A default at the Comex that will ignite the explosion in the price of silver and gold is in progress. Investors turned away from the bullion and coin dealers who refuse to sell silver at the $9 paper price opened commodity futures brokerage accounts.  They hope to take delivery of the real thing–silver bars with serial numbers–at the manipulated price of $9 an ounce before the Comex has to shut down and admit they never had enough real silver.

Silver delivery at $9 per ounce is courtesy of The Shorts, the largest concentrated short position by four or less dealers in financial history.

Ted Butler, a brilliant researcher, has been writing about the concentrated short position in silver for years and initially thought the default at Comex would come when the dealers ran out of liquidity, but his research suggested otherwise: “Even when holding extremely large short positions and incurring massive unrealized paper losses, measuring in the many hundreds of millions of dollars, the dealers have never collectively turned tail and bought back their short positions to the upside.”

Shorts to Comex and the regulators: The dramatic price decline in August from $21 to $9 is our parting gift to you for looking the other way during our obvious manipulation of prices in the War on Precious Metals. We had to prevent gold and silver from gaining legitimacy as stores of value or consumerism would not have become hyper-consumerism. Mopping up our mess will be easier at $9 instead of $21.

The Comex maintains a guarantee fund and insurance policy to meet a clearing member default, but it has only about $250 million, which is insufficient to cover the losses, but imagine a default at $50 or more per ounce.

Why has the price of silver historically been suppressed, stuck for years in the $4 to $5 trading range?

The downward price manipulation of silver caused by the excessive and uneconomic short position on the Comex has been the subject of most of Butler’s research. His explanation for market fluctuations are often greed-and-profit but he just as often contradicts himself and writes:  “It is my contention that this uniquely large and concentrated short position in silver explains why the price is still cheap. Therefore, in spite of the open losses the shorts are experiencing and the great profits accruing to silver investors, the price manipulation is still in place.” James R. Cook, president of Investment Rarities, credits Ted Butler for the vast majority of investment silver purchased in the past seven years, but when Cook asks the obvious question, “Isn’t the manipulated downward price consistent with a strategy to encourage the purchase of silver?”, Ted is unable to provide a greed-and-profit motive and repeats what has become his mantra,  “My main motive has been and still remains doing what I can to end this manipulative crime in progress.”

It is manipulative and it is a crime, but Ted Butler is unable to consistently support a profit motive because there isn’t one. The Puppet Masters manipulate the paper price of the precious metals downward to prevent gold and silver from gaining legitimacy as stores of value instead of the fiat currencies we call money.

Behind every consumer society is the reality of a credit-based monetary system and a fiat currency.  There is not enough gold and silver in the world to back the trillions of dollars required for the industrial revolution and the global consumer economy. Behind every fiat currency is a Federal Reserve or a Central Bank controlled by the same men: Rothschild, Rockefeller, Kuhn, Loeb, and Ted Butler’s prime suspect in the “ongoing intentional not accidental” great crime of keeping the price of silver low so investors can “buy a lot more metal”: JP Morgan Chase. “The paper margin calls and technical selling in silver was intentionally planned and forced on us by those who held big short positions.”

One of the more absurd notions that found its way into the history books and the writings of economic experts is that somehow these men were made wealthier from the Monopoly money they printed, the same money that enabled consumers to buy houses, cars, furniture and electronics, i.e. the cheap “stuff” we use on a daily basis. Recall that in 1910 these men already controlled one-sixth of the entire world’s wealth, and it was real wealth: gold, silver and raw materials in a world before we had a “throw away” mentality and the planet’s ecological structures were still in balance.

The Federal Reserve puppet masters orchestrated the Industrial Revolution, the Great Depression, the stagflation of the 1970’s and the dot-com and the housing market bubbles, all of which resulted in unprecedented prosperity.

Consumers can thank the puppet masters for all that “stuff” they have because as Ron (sound money) Paul puts it,  “Our current system gives us a free ride, our paper (fiat) buys cheap goods from overseas, and foreigners risk all by financing our extravagance.”

Thank them also for the unprecedented environmental damage and pollution caused by our hyper-consumer society.

We have consumed the resources of our planet; and it’s time for a change to a sustainable, non-consumer society. When people still had jobs and weren’t scared to go shopping, I recommended The Story of Stuff but, thanks to the financial meltdown, consumerism is on the way out, so now the video to watch is the sequel:  The Power of Community – How Cuba Survived Peak Oil.

______________________________________________________________________

Robert Singer is an Entrepreneur and the author of a forthcoming book on the Federal Reserve. His articles cover politics and the financial and environmental implications of our consumer society.  The articles have been main headlined and can be found on numerous popular websites: Marketoracle, Silverseek, Goldseek, disinformation.com, Daylife, LAprogressive, Canadafreepress, Opednews, Daily.pk and many of the Wordpress sites. Richard Daughty, The Mogambo Guru, proclaimed him a Junior Mogambo Ranger (JMR).

August 21, theatres around the nation screened the documentary I.O.U.S.A. and a live discussion with America’s most notable financial leaders and policy experts, including Warren Buffett; William Niskanen, chairman of the Cato Institute; Pete Peterson, senior chairman of The Blackstone Group and former U.S. Comptroller General, Dave Walker.

August 25, Mr. William Niskanen, CEO of the Cato Institute, confirmed his remarks on the I.O.U.S.A. post-broadcast panel discussion.

Dear Mr. Singer,

I do not have a tape of my remarks last Thursday evening. As I remember, however, I expressed being puzzled why the central banks of China, Japan, and South Korea have continued to invest so much in U.S. Treasury securities.  For these central banks have earned a negative real return on these securities, for which the interest rate has been lower than the depreciation of the dollar.

I would value your judgment about this puzzle… William A. Niskanen

China is a “Hot Topic” at the nationally and internationally recognized Center for Trade Policy at Mr. Niskanen’s Cato Institute, but the research staff has been unable to find a political, diplomatic, military or economic solution to the China puzzle, because there isn’t one.

China’s economic policy is an enigma that would baffle Ludwig von Mises and Karl Marx. The answer to the Chinese enigma: China is now the Air Pollution champion of the world.

No country in history has emerged as a major industrial power without creating a legacy of environmental damage. But just as the speed and scale of China’s rise as an economic power have no clear parallel in history, its pollution problem has shattered all records as well.

China’s environmental degradation is so severe it has become the world’s problem. Sulfur dioxide and nitrogen oxides spewed by China’s coal-fired power plants fall as acid rain on Seoul, South Korea, Tokyo and according to the Journal of Geophysical Research, much of the particulate pollution over Los Angeles originates in China.

Chinese officials, before and after the Tiananmen Square massacre, pretend to pursue economic development and industrialization for the benefit of their population, but in spite of the glitter of China’s big cities and the rise of its billionaire class, the vast majority of the Chinese people are repressed, working in slave labor camps and living in poverty.

The path China took to industrialization was unusual.  John Watson, Professor at Reno-based Desert Research Institute, notes: “They’re making a lot of the same mistakes we made in our air pollution history. You can just see the parallels: they’re building more highways and encouraging more sprawl.”

Mistakes?  Consider the Communists First Five-Year Plan

When Communism became the ideology of the people in 1949, they fought pollution during the successful First Five-Year Plan from 1953-57 and were moving towards 100% recycling until 1958 when the Great Leap Forward became the Great Leap Famine and between 16.5 million and 40 million people died before the experiment came to an end in 1961.

During the Five-Year Plan, Chinese articles and journals extolled the benefits of recycling. “When a case of pollution arose, there was scientific and collective action to undo the damage. The most harmful industrial wastewater is that which contains phenol. If this kind of poisonous industrial water is drained into a body of water (such as a river, lake, or sea) before treatment, it will pollute the water, kill the fish, and endanger the health of the people. And if such poisonous waste water is drained into the farmland, it will badly affect the normal growth of the crops.”

The “Mistakes” explanation requires you believe no one in China read or studied the industrialization of the Western Countries. “Cost-benefit analyses in the U.S. show that emission reduction programs have provided much greater benefits than their costs, by a ratio of up to 40 to 1. Air pollution damage not only impacts the ecosystem but imposes major economic costs as well as, from premature mortality, increased health care and lost productivity and, more importantly, decreased crop yields.”

Air Pollution thick as Pea Soup

A World Bank study found China is home to 16 of the world’s 20 worst cities for air quality. Three-quarters of the water flowing through urban areas is unsuitable for drinking or fishing.

Pea-soup air in Beijing is caused in part by a sudden switch from bicycles to automobiles as a means of transportation. With nearly 156 million motor vehicles, bicycles are no longer welcome in cities that are being rebuilt to accommodate automobiles.

China’s bike lanes have been sacrificed in the name of road and highway construction. In the Fujian province, Chinese city and regional officials went so far as to ban electric bicycles because they were worried “the lead-acid batteries are an environmental risk, and that the use of electric bikes undercuts the use of public transit.” Both arguments apply far better to automobiles, but automobiles are encouraged and riding a bicycle without a license can get you arrested.

Following Western Pollution’s Footsteps

The U.S. also sacrificed mass transit in the 1930’s when the National City Lines (NCL) converted the nation into an automobile-dependent society by dismantling most streetcar systems throughout the United States.

John D. Rockefeller, the #1 wealthiest man in all recorded history, was a founding member of the NCL holding company and our “Federal” Reserve Bank.  Under the ruse of Christian temperance, he gave $4 million to a group of old ladies, and the temperance movement was no longer about drinking alcohol but about the knob on the dashboard of the Model T.

The knob allowed the driver to adjust the fuel-air mixture for either alcohol (ethanol) or gas. Henry Ford said that alcohol was “a cleaner, nicer, better fuel for automobiles than gasoline.”  Ironically, no one followed Henry’s advice until 2000 when George W. Bush subsidized Archer Daniels Midland to burn up, according to the distinguished McKnight University Professor C. Ford Runge, enough calories to feed one person for a year every time we fill up the 25-gallon tank in our SUV.

The Federal Reserve and John D. were behind our automobile-dependent consumer society and the outlawing of the production and sale of alcohol. John D. was a notorious “robber baron”, so we naturally assume his motivation was greed and profit.

But Rockefeller, known as a brilliant businessman and visionary, already owned or controlled most of the world at the end of the 19th century and as a member of the Federal Reserve he understood no one gets wealthier printing their own Monopoly money.

Therefore, if profits were the motive of the world’s richest man – John D. would have bought up all of the farmland in the United States or for that matter all of the farmland in the world, so he could really control the knob on the Model T.

Then Henry Kissinger’s quote would have been: “Control ethanol you control nations and people”

Rockefeller and the Federal Reserve were critical to our fossil fueled industrial and consumer society, but that also made them responsible for much of the environmental damage done to the planet.

China’s leaders and their Central Bank were critical to the unprecedented growth of the Chinese economy that benefited the West, but replacing bicycles with automobiles is responsible for much of the environmental damage done to the East, West, North and South.

The vast trade surplus of $1.4 trillion and counting, a result of official Chinese government intervention to depress the Renminbi (RMB), is that every person in the (rich) U.S. has borrowed about $4,000 from someone in the (poor) People’s Republic of China so the Chinese economy can produce the most environmental damage in our history.

Our last president Bush wasn’t “stupid” if his goal was Ecocide.

All too often we see the result of failed public policies, government actions and inactions, and conclude the leadership is inept, arrogant or just “stupid.”

At the G8 summit, George W. Bush said, “Goodbye, from the (then) world’s biggest polluter.” He proposed drilling in the Arctic National Wildlife Reserve, which would trash America’s last arctic wilderness. Sonar testing is about torturing whales and dolphins, and the border fence that keeps everything out but the illegals is disrupting an extraordinary source of biological diversity along a 2,000-mile-long region that includes deserts, mangrove forests, plains, mountains, river valleys and wetlands.

Chinese officials are worried about their people eating…meat

On November 11, 2008, NPR aired the story: “Chinese Government Fights Recession,” where Beijing’s correspondent Anthony Kuhn reports:  “there is a lot of worry in the government that ordinary Chinese were not going to be able to afford to eat meat.”

In 1980, when China’s population was still under one billion, the average Chinese ate 20kg (44lbs) of meat. Last year (2007), with an additional 300 million people, it was 54kg.

Promoting meat in the world’s highest populous country and diverting grain to fatten animals will be,  “the end of self-sufficiency for China,” says James Rice, Chief of China Operations for Tyson Foods. “This year will be the last in which China produces enough corn for itself, and the last that it is self-sufficient in protein.”

The editors of World Watch state that “the human appetite for animal flesh is a driving force behind virtually every major category of environmental damage now threatening the human future—deforestation, erosion, fresh water scarcity, air and water pollution, climate change, biodiversity loss, social injustice, the destabilization of communities and the spread of disease.”

Lee Hall, the legal director for Friends of Animals, is more succinct: “Behind virtually every great environmental complaint there’s milk and meat.”

Automobiles milk and meat are the answer to the Chinese enigma; China is on the bridge to ecocide.

Maybe it’s the smoke from Mt. Vesuvius that keeps Arianna Huffington and the financial community from seeing that the economic collapse has nothing to do with the Fed “missing” the warning signs leading up to the October meltdown.

“Things do not happen. Things are made to happen.”   John F. Kennedy

The Fed didn’t miss anything; the October meltdown was an inside job.

Capitalism never made sense

Professor Ebeling, the Ludwig von Mises professor of Economics at Hillsdale College, understood something was wrong when he wrote: “the perverse development and evolution of historical capitalism, the institutions necessary for a truly free-market economy have been either undermined or prevented from emerging.”

But when he claimed, “it is the principles and the meaning of a free-market economy that must be rediscovered” in order to overcome the burden of historical capitalism and save liberty, he should have written that principles must be rediscovered in order to prevent the planet from attempted murder (ecocide).

American “capitalism” and our consumer economy never made economic, environmental or common sense—unless the goal was ecocide.

Capitalism and a not-so-free market economy based on consumer products, that is, products we are manipulated to want, not need, was never sustainable. Consumers consume…the resources of the planet.

Who is responsible?

Arianna said it’s time to “recognize the natural order of things: that is, the very people responsible for the economic collapse not only are still in power, but are still lining their pockets with outrageous windfalls — courtesy of the American taxpayer.”

The people responsible for the October collapse, our Federal Reserve, also get credit for the windfalls of “Monopoly Money”, created out of thin air, which financed our consumer society.

They are the private credit monopoly of rich and predatory moneylenders that “prey upon the people of the United States for the benefit of themselves.” [1]

For the Benefit of the “middle class” is a more accurate statement.

Those predatory moneylenders gave the middle class the highest standard of living in the world.

Recall when the American economy appeared headed into a recession at the end of the dot-com bubble, the Federal Reserve began slashing short- term interest rates until they reached a historically low one percent. The move re-inflated the economy by allowing homeowners to extract $750 billion in equity from their homes—up from $106 billion in 1996—and apply the dollars toward a multitude of consumer items and other credit card debt.

As interest rates plummeted and alleged home equity artificially soared, buyers were able to afford first and second homes, and they did it by taking out risky mortgages with “teaser rates” similar to those offered by the credit card industry. Even as interest rates adjusted upward, the sponsoring banks used complicated financial derivatives to resell the risky mortgages as “asset-backed paper.”

As housing prices edged downward and mortgage rates inched upward, the recession was put on hold with the help of an astonishing 10 to 12 credit card offers per month being delivered to some consumer mailboxes. The credit card companies issued 1.5 billion cards to 158 million cardholders and promised an improbable zero percent interest—some deals for up to 18 months. (Similar to mortgage debt, the credit card debt is put into pools also known as derivatives that are then resold to investment houses, other banks and institutional investors.)

Thank those rich and predatory moneylenders for the short-term interest rates and the liquidity that allowed the debt to be pooled, sold and resold.

But blame them because our hyper-shopping has wreaked havoc on the planet.

Who is Behind the Federal Reserve?

Rockefeller, Kuhn, Loeb and Morgan—all connected to the House of Rothschild’s global financial empire, direct the Federal Reserve to create money out of thin air.

The process that the Federal Reserve, or any bank, uses to create money “consists of making an entry in a book, that is all,” said Graham Towers, governor of the Bank of Canada. “Each and every time a bank makes a loan (a debt) . . . new bank credit is created—brand new money.”

Money used to pay for the Industrial Revolution, orchestrate the Great Depression, the stagflation of the 1970’s and the dot-com and the housing market bubbles, all of which resulted in 60 years of unprecedented prosperity for the middle class.

These scoundrels, all connected to the House of Rothschild, at the beginning of the 20th century, owned or controlled one-sixth of the world’s real wealth: raw materials, commodities, copper, iron ore, petroleum, lead, silver and gold.

So how do they get rich exchanging real wealth for about $500 trillion of the Monopoly money they printed?

They don’t, they are the losers, not the middle class!

Remember those trees we chopped down so just about anyone in America could afford their dream house, or those mountains we blew up so we could have that fat station wagon in our driveway? All of those resources “now used up”, were once owned or controlled by the scoundrels of our history books.

Their real wealth, not yours or mine has been “cut, mined and hauled away so Americans could trash the planet with houses, second houses, cars, RVs, TVs and DVDs— the cheap stuff we associate with the good life that put the planet on the downward spiral to ecocide.

The middle class should be thanking those scoundrels for all that “stuff”—but blame them for conning us into trashing the planet.

The Story of Stuff

The Story of Stuff, an animated video about the underside of our consumer society, believes the scoundrels are a bloated corporation sporting a top hat with a dollar sign etched on its front.

Film narrator, Annie Leonard argues our environmental damage is the result of the greedy corporations externalizing costs (shift them onto the public and the environment) so they can make more money.

But that premise is contradicted on film when Annie stands in line to buy a radio for $4.99 and correctly realizes the price couldn’t possibly capture the cost of the radio but incorrectly concludes that the greedy corporations pollute the environment so they can make more profit. [2]

If profits were the motive, then why wasn’t the radio $5.99?  A price anyone would consider a “throw away” or loss leader.

We have come to believe that everything wrong in America is about someone getting rich while we are getting swindled.

That our economy runs on profits is a true statement, but imagine how much those moneygrubbers would have made if the radio was $5.99.

That $1.00 would be 100% pure profit.

The swindlers and scoundrels downward-manipulate the costs, that is, they manipulate the prices lower, not higher as you would expect, so the corporations can still make a profit selling you a radio for $4.99. [3]

Annie should be asking herself why those scoundrels intentionally sold their raw materials cheaply so just about everyone could afford the American Dream, a nightmare for the Planet.

Ecocide Results in Cognitive Dissonance

The premise that anyone would intentionally damage the planet, which future generations will inherit, results in Cognitive Dissonance (CD). CD is the discomfort felt at the discrepancy between what you already know or believe, and new information or interpretation that contradicts a strongly held belief system.

But what if the murder of the environment was the goal from the beginning and not the unintended consequence, then we were “conned” into shopping for stuff to intentionally weaken the planet? [4]

Now the world around you will finally make sense.

Hot, flat, and crowded Thomas L. Friedman will finally know what planet George W. Bush is on.

Bush lost the war on terrorism and the war in Iraq, but is winning the war waged on the environment.

Dubya was deadly serious about Ecocide when, after rejecting the global climate change targets of the July 2008 G8 summit, he said, “Goodbye, from the (then) world’s biggest polluter.” [5]

Ecocide Eliminates the Stupid Explanations

We see the collapse of GM and Chrysler as the result of failed public policy, government action, inaction and conclude the leadership is inept, arrogant or just “stupid” because only Ecocide could explain an industry that failed to keep up with the competition and adjust to new market demands.

Did Detroit forget the Volkswagen Beetle was the most successful car in history?

An incredible 21,529,464 Beetles were produced with the same body style and the same taillight. [6]

The policies and decisions for the last 31 years aren’t inept or stupid if the goal was pollution.

The Beetle as a mobile pollution device was a failure. Its effects on the environment were minimal compared to the Detroit lineup of egocentric gas-guzzlers, all designed with a different taillight and eco-unfriendly accessories.

The “Evil” Federal Reserve made sure that shiny new automobile with the V8 engine, chrome wheels and bumpers was so cheap just about everyone in America could afford the mobile pollution device of their dreams.

Ecocide Explains Why Alaska is in the Picture

Most analysts point to the oil shock of the mid-1970s, set off by the Arab oil embargo of 1973 as the turning point for the US economy and automobile industry.

Why didn’t our then-President Richard Nixon and the rest of the U.S. government promote mass transit, renewable energy, and high-mileage vehicles?

Because the objective that makes the most sense was to disturb 800 miles of the most pristine country in Alaska with the Trans-Alaska Pipeline.

In 2008 we had a similar shock when $4.50 a gallon gasoline convinced Americans they should give up their last Arctic wilderness. [7]

Ecocide Explains why Electricity is so Cheap

Electricity radically transformed and expanded our energy use. To a large extent, electricity defines modern technological civilization and made the Industrial Revolution and therefore our consumer society possible.

Electric power arrived barely a hundred years ago, but high costs and the Great Depression dried up most investment capital and delayed electric service to rural Americans until President Franklin Roosevelt signed into law the Rural Electrification Administration (REA) in 1935.

The REA loaned money created by the Federal Reserve at low interest rates and helped to set up electricity cooperatives.

Historically, energy is priced below its actual environmental and social cost in order to create excessive demand and discourage conservation. In other words such pricing diminishes the value of energy to users and causes them to use it irresponsibly and increase the amount of pollution coal-fired plants generate.

Why is electricity priced so cheap that “only the rich can afford to burn candles”?

Because cleaner alternatives like wind, solar or even natural gas don’t require mining companies to use dynamite to blast away 800 to 1,000 feet of 500 mountaintops and bury over 1200 miles of rivers and streams. [8]

Ecocide explains why 54% of electricity comes from the most abundant raw energy, coal and is the dirtiest source of power for much of the world. Coal-fired plants harm wildlife, generate smog, soot, acid rain, global warming, toxic air emissions and require billions of gallons of our most precious resource—water.

He ruined the Country

The private credit monopoly of rich and predatory moneylenders do not “prey upon the middle class” to get rich.

You don’t become wealthier by exchanging gold, silver and raw materials for about $500 trillion of the Monopoly money you print.

Moneylenders created the middle class and then conned us into trashing the planet because Ecocide was the goal not the unintended consequence.

American “capitalism” and our consumer economy make perfect sense if the goal was the attempted murder of the planet.

Maybe ecocide is what Wilson meant when he confessed that he “ruined the country.”

______________________________________________________________________

Robert Singer is an Entrepreneur and the author of a forthcoming book on the Federal Reserve. His articles cover politics and the financial and environmental implications of our consumer society.  The articles have been main headlined and can be found on numerous popular websites: Marketoracle, Silverseek, Goldseek, Daylife, LAprogressive, Canadafreepress, Opednews, Daily.pk and many of the Wordpress sites. Richard Daughty, The Mogambo Guru, proclaimed him a Junior Mogambo Ranger (JMR).

Dem Bones is Connected To De Debt Bone by Robert Singer, an analysis of the Federal Reserve, can be found on numerous popular websites including G. Edward Griffin’s Unfiltered News. Edward Griffin is the author of the definitive work on the Federal Reserve, The Creature from Jekyll Island.

Meat, Milk and Motors: The New China Syndrome by Robert Singer, an essay about China first released in February 2009 has been widely posted and read on the Internet. Quotes from the article can be found in The Wall Street Journal Digital Network and was the Top World Story on the Pakistan Daily website for over a week.

Footnotes:

[1] Congressman Louis T. McFadden, Chairman of the House Banking & Currency Committee, speech on the floor of the House of Representatives, June 10, 1932.

[2] Corporations Rule the World, David Korten (1995): “If some portion of the cost

of producing a product are borne by third parties who in no way participate in or benefit from the transaction, then economists say the costs have been externalized and the price of the product is distorted accordingly.

[3] Downward manipulation is an uneconomic aberration discovered in the precious metals market by the noted silver analyst Ted Butler. We are conditioned to believe that prices are always inflated so the greedy corporations can make more money but Ted Butler’s research confirmed the price of silver has been manipulated to stay at the $4-5 price range for years. The beneficiaries of this type of manipulation are the consumers since industrial users can sell their products cheaply and still make a profit the customers get to buy a lot more “radio” for their dollar. Silver, but No Silver Lining, Robert Singer.

[4] Ecuador Approves New Constitution: Voters Approve Rights of Nature, Mari Margil, Associate Director The Community Environmental Legal Defense Fund.

[5] China is now the world’s biggest polluter, Meat, Milk and Motors: The New China Syndrome, Robert Singer.

[6] World’s 5 Most Successful Cars, http://www.cartype.com/pages/272/worlds_5_most_successful_cars

[7] An Economy in free fall, Why is the ANWR in this picture?, Robert Singer

[8] On March 25, Democrats introduced legislation that would prohibit the dumping of mining waste into streams. More than one million acres of Appalachia have already been affected by this practice, Senator Alexander says, “An estimated 1,200 miles of headwater streams have been buried under tons of mining wastes. More than 500 mountains have been impacted, and homes have been ruined and drinking water supplies contaminated.” By Red Green and Blue – Red Green and Blue

By Robert Singer

Having trouble understanding the events since the October 2008 financial crisis?

Any of this sound familiar:

• Banks hoarding their TARP funds
• Gas prices going up when they should be going down
• Automobile dealerships closed without regard to profitability
• Health Care reform: The Kevorkian is out of jail early

What’s going on?

Bush Sr. said our way of life wasn’t negotiable in 1992 but as of October 2008, it’s all over but the weeping and gnashing of teeth.

And in one of those coincidences that don’t happen very often: like all four financial meltdowns in history occurring in October, the October 2008 financial meltdown guaranteed Barack Obama, an unknown senator 4 years ago, would be the 44th president of the United States. [1]

October 2008, to anyone not in denial, marked the last day the men behind the Federal Reserve, all connected to the House of Rothschild, gave up what’s left of their wealth so the huddled middle class can trash the planet.

In 1910 these men already controlled one-sixth of the world’s real wealth—gold, silver and raw materials—not the fiat currency we call money.

Trashing the planet began when the Federal Reserve Act of 1913, one of the most important domestic acts in the nation’s history, took the power to create money from the people and gave it to the swindlers and scoundrels (robber barons) of our filtered history for profit.

One of the more absurd notions that found its way into the writings of economic experts, is that the Federal reserve took away the peoples right to create money so they could make a “profit.”

If exchanging $500 trillion of real wealth: raw materials, commodities, copper, iron ore, petroleum, lead, silver and gold for fiat currency so the middle class (former members of the Third Estate i.e. serfs and slaves) could have houses, cars, RVs, TVs and DVDs—is profitable, then Econ 101 is for dummies and the robber barons are now Robinhood Barons. [2]

During the last 100 years those swindlers were able to distort the structure of relative prices; generate misallocations of labor and capital throughout the economy; rationalize new governmental interventions in the face of the market “instability” manipulate the patterns of and the profits from international trade which resulted in the Industrial Revolution, the Great Depression, the stagflation of the 1970’s, the dot-com and the housing market bubbles…all of which created unprecedented prosperity for the middle class, $500 trillion of Monopoly money for the House of Rothschild and ecocide for the Planet. [3]

Banks Don’t Make Loans To People Living In Tent Cities

The Robinhood Barons are now making generous interest payments to the banks for “parking” their TARP and other government taxpayer bailout money instead of making loans to struggling Americans living in their cars and in tent cities. [4]

Oil prices are on the rise, which is driving up prices at the pump. Economics for dummies would dictate they should be falling. [5]

Out-of-work, out-of-hope homeless people living in Bushvilles no longer need cheap gasoline to go shopping for all that affordable “stuff” the Fed financed so we could trash the planet.

And those Americans who are still employed will find it harder to get that sweet deal on a new car because auto dealers won’t be competing with each other now that Brian Deese, special assistant to president Obama for economic policy made the decision (not the Chrysler bankruptcy judge), to close dealerships without regard to profitability.

Deese, age 31, in his first government position, shuffles back and forth from the West Wing to the Treasury Department dismantling the US Auto Industry and rewriting the rules of American “capitalism”. [6]

Deese’s first rule: Withdraw Credit and Liquidity.

Result – Catch 22:

The pullback in spending causes companies to cut back on inventory and staff – Creating unemployment.

Which causes spending to fall and companies to cut back on inventory and staff -Creating more unemployment.

Causing spending to fall even further, forcing companies to cut back on inventory and staff – Creating even more unemployment…

Unemployed Americans Don’t Need Healthcare (Euthanasia should be a Right not a Privilege)

Elizabeth McCaughey, former lieutenant governor of New York said older Americans should be worried about Page 425 of the Health Care Bill, which she claims has the government sponsoring suicide education.

Her claim that Congress would make it mandatory that every five years, people in Medicare have a required counseling session that will tell them “how to end their life sooner, how to decline nutrition, how to decline being hydrated, how to go into hospice care,” got her a “pants on fire” rating.  The claim has nonetheless spread like wildfire, being repeated not just on blogs and radio shows but by Republican members of Congress because as Committee Chairman Thaddeus McCotter (R-MI), pointed out “this provision may start us down a treacherous path toward government-encouraged euthanasia if enacted into law.”

Why can’t we go down the “Right and Dignity to Die” path? [7]

Opponents of “death with dignity with their slippery slope argument make about as much sense as the Pro life (really pro fetus) movement in denying a woman the choice to give birth.

A compassionate society would never withhold “the ultimate civil right,” from a mentally competent, terminally ill person who chooses to avoid unnecessary suffering.

Now that our way of life (trashing the planet) is over there is no need to feed, clothe and “car” all these humans but euthanasia is way too inefficient at population reduction.

What is the Best Way to Depopulate? Top 2 Wiki Answers

Armageddon and The Flu Could eliminate 200 million of the masses.

Let’s say one of those radical Christian or Jewish groups plotting to blow up the Dome of the Rock, that magnificent golden domed mosque built on the site of Solomon’s Temple, is successful. Islam’s third holiest shrine stands directly over the most holy Jewish place and is preventing the Messiah from returning to Earth.

According to biblical prophecy, the temple must be rebuilt and sacrifice reinstated before Jesus can come back to earth; the first time for the Jews; the second time for the Christians. No temple = no Messiah.

What would happen if the Dome were to be demolished?

Well for the first time in history, thanks to Saddam Hussein who drained 60 percent of the wetlands, 200 million people could cross the Euphrates for a holy war in Jerusalem also known as Armageddon.  [8]

Or remember the last Bird (now Swine) Flu hoax where the public stampeded to get their worthless dose of Tamiflu and were convinced it was a scare tactic to make Rumsfeld millions.

Well, at the first sign of an epidemic, even without the forced immunization clause in the Patriot Act, the fools will rush down to get their shot.

Immunization which will be based on Genome sequencing–a biotechnology that allows doctors to tailor medical treatments to an individual’s genetic profile:

“Here for your shot?”

“Worried about the Bird Flu, oh of course sit here, roll up your sleeve, oops, sorry you died.”

“Well I guess it was too late for you; next time, get here sooner!” [9]

The Illuminati, they say, need only 500 million of us when they take over the world.

Either of these events would get us started on a slow, but orderly road to a population of slaves.

New World order conspiracy theorists expect a depopulation event to eliminate 5 billion useless eaters.

I don’t know for sure what is behind Obamacare but it certainly isn’t depopulation.

______________________________________________________________________

Robert Singer is an Entrepreneur and the author of a forthcoming book on the Federal Reserve. His articles cover politics and the financial and environmental implications of our consumer society.  The articles have been main headlined and can be found on numerous popular websites: Marketoracle, Silverseek, Silver Bear Café, Goldseek, Daylife, LAprogressive, Canadafreepress, Opednews, Daily.pk and many of the Wordpress sites. Richard Daughty, The Mogambo Guru, proclaimed him a Junior Mogambo Ranger (JMR).

Dem Bones is Connected To De Debt Bone by Robert Singer, an analysis of the Federal Reserve, can be found on numerous popular websites including G. Edward Griffin’s Unfiltered News. Edward Griffin is the author of the definitive work on the Federal Reserve, The Creature from Jekyll Island.

Meat, Milk and Motors: The New China Syndrome by Robert Singer, an essay about China first released in February 2009 has been widely posted and read on the Internet. Quotes from the article can be found in The Wall Street Journal Digital Network and was the Top World Story on the Pakistan Daily website for over a week.

Footnotes:

[1] Black Monday 10/28/1929, Black Monday 10/18/1987, Soviet Union Black Friday 10/18/1991 and Black Tuesday 10/29/2008.

“In September, when the Obama campaign seemed to be slumping and their candidate’s long-standing lead in the polls had evaporated, the senator’s supporters openly worried that a potential victory might be slipping away. Then providence joined the campaign: the failure of the giant investment bank Lehman Brothers followed by a global financial meltdown.”, from “I had a dream.  It was 2008 and Barack Obama was elected the 44^th President of the United States, By Robert Singer

[2] Robert Singer, Liberté, Egalité, Fraternité – Providence, Miracle or What Really Happened

[3] Ted Lang, The Zionist Connection – An Unholy Tripartite

[4] Kucinich: the Federal Reserve is paying banks NOT to make loans to struggling Americans! www.youtube.com/watch?v=Gkf8VG3HL_8

[5] “Why oil prices are rising again”, Marketplace Money Report, August 11, 2009

[6] David E. Sanger, The 31-Year-Old in Charge of Dismantling G.M., The New York Times: May 31, 2009

[7] Wisconsin State Representative Lloyd Barbee of Milwaukee introduced an act “relating to establishing a right to die” on October 22, 1975. If passed, the measure would have made an exception in the state’s homicide law for killing upon request and it would have abolished the crime of assisting suicide.

[8] In 1994, 60 percent of the wetlands were destroyed by Saddam Hussein’s regime. They were drained to permit military access and greater political control of the native Marsh Arabs.

[9] Patricia A. Doyle, Do Note Take a Swine Flu Vaccine!, April 26, 2009. “Several world-acclaimed Microbiologists researchers specializing in DNA (Genome) sequencing have been found dead or have gone missing.” Ian Gurney, The Very Mysterious Deaths Of Five Microbiologists, December 20, 2001