Busted: Bankers and The Global Economy

October 5, 2010

Only a Terror Attack Can Save Obama?

Filed under: business, corporatism, globalization — Tags: , , , , — digitaleconomy @ 9:24 am

The globalist underground thinks that power needs terror. Former senior advisor to President Bill Clinton, Robert Shapiro, says that the only thing which can rescue Barack Obama’s increasingly tenuous grip on power as his national approval continues to plunge is a terror attack on the scale of Oklahoma City or 9/11. This is another startling reminder that major terrorist events serve to benefit those in authority.

Months ago, Shapiro remarked about Obama’s “growing credibility crisis” and fears on behalf of Democrats that they could lose not only the White House but also the Senate to Republicans. Shapiro makes it clear that Obama is relying on an October surprise in the form of a terror attack to rescue his presidency. Politics is often all about fear, and this is no exception.

“He has to find some way between now and November of demonstrating that he is a leader who can command confidence and, short of a 9/11 event or an Oklahoma City bombing, I can’t think of how he could do that.”

This is real food for thought since Shapiro was undersecretary of commerce for economic affairs during Clinton’s tenure in the Oval Office. He also acted as principal economic adviser to Clinton in his 1991-1992 campaign. According to various sources, he is a prominent globalist who has attended numerous Bilderberg Group meetings over the past decade.

Shapiro sees the necessity for a terror attack to be launched to give Obama the opportunity to unite the country around an agenda in the name of fighting terrorists, just as President Bush did in the aftermath of 9/11 when his approval ratings catapulted from around 50% to well above 80%.

Bill Clinton was able to extinguish an anti-incumbent rebellion which was brewing in the mid 1990’s by exploiting the Oklahoma City bombing to pin down his political enemies as right-wing extremists. Anti-incumbent fever is dominating the political climate once again, with “the establishment” facing serious challenges from Tea Party candidates.

CNN host Rick Sanchez admitted months ago that the deadly bombings in Uganda which killed 74 people were “helpful” to the military-industrial complex agenda to expand the war on terror into Africa. This same pattern has repeated over and over.

Since some rationalize that a terror attack on U.S. soil will only serve to rescue Barack Obama’s failing presidency, and will do absolutely nothing to further the aims of any right wing extremists the attack is blamed on, who should we suspect as the masterminds behind any such acts of terror? A political battle of wills resides in the terrorist agenda.

Undoubtedly, the suspects that are culprits in the event of a domestic terror attack in the United States are the people “that Obama fronts”, globalists who are desperate to neutralize the growing success of grass-roots movements who have ridden a wave of rising resentment against big government as a means of obtaining real political power. All this is food for thought where terrorism is concerned. Globalists could be involved in a little masterminding all on their own.

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July 11, 2010

Recession: The Ol’ Double Dip?

What is happening in the U.S. economy? The  newborn atmosphere of a slow recovery has plummeted since the start of the year when financial agencies were debating when to announce an interest rate increase. That is no longer the case.

The tax credit for first-time home buyers for up to $8,000 was over in April. Since then, housing transactions have nearly vanished. The mortgage loan interest rate has fallen to historic lows. The economic upturn that authorities claimed earlier this year simply the result of economic stimulus measures by the United States government.

Events are just as somber outside of the United States. From all appearances, a $1 trillion relief package ended the financial crisis that hit Europe. Still there is not a sign of recovery. Germany provided the needed stimulus funds, but is no longer providing capital to keep failed economies that have squandered credit with bankers solvent. Efforts to revive the economy have resulted only in more loss as bankers continue to plunder with their derivative cons. The U.S. has been fearful of making changes for the banking and finance community. Central bankers are still in charge, printing dollars as if there were no tomorrow.

Job are gone in the United States, likely forever. This is the admission of VP Joe Biden a little more than a week ago. States are looking at emergency measures to see what they can do to avoid the bleeding of jobs to other lands and to other peoples. Arizona is due to begin enforcement of a controversial immigration policy that is designed to return employment back to Arizona residents since measures by the federal government have been lackluster to non-existent in many places. The nation is full of illegals, the exact number unknown.

The price of a global economy is likely to be high. Every economy is subject to bring another one down. No one has discovered a way to move out of the doldrums. $787 billion in the U.S. was designed to boost domestic consumption, but the market is still cold. Congress has moved to bolster the economy through The Buy American Act, a ancient law passed in 1933 that requires the suppliers of the government to use American made products. Lawmakers are afraid to close tax loopholes that have remained open for corporations since 1991. As a result, nothing changes.

This has cooled temporary benefits of trade by corporations in the U.S.  known as the trade deficit. Corporations don’t care about this public denuding of wealth. They simply look to their own profits, not a sustainable relationship over time. Politicians outside of the U.S. want to promote free trade, as if the United States has more to offer in this regard. Even during the recession, the States were the primary agent of consumption for the world. Reckless spending, careless law and the rise of the corporate oligarchy has resulted in a new world, with a more level playing field. That is, after all, what globalists have wanted. This means that the big players that the globe depended on for economic sustenance are no longer the powerhouses they once were.

The nation is in an economic quagmire because it has ceded its wealth to corporations, a.k.a. multinationals and central bankers. The common opinion is that nations should not try to survive at the expense of other nations. Even so, the reality is that this has always been the case. The homogenized sameness of global balance supports only those that are in place to take advantage of it. The majority of the world will suffer at the hand those few that won’t. What’s new about that? It’s simply more political pandering that benefits a few.

November 23, 2009

New World Authority: The Fed’s Automatic Bailout Bill

Congress intends to grant the Federal Reserve even more powers to control the economy of the United States with HR 3996. This gives the Fed complete power on top of  dollar creation worldwide, excess credit, and low interests rates to cause financial bubbles and control corporate financial power. This power allows for full-scale abuse and manipulation of the system while profiting from transactions and time spent a/k/a administrative expenses. This gives authority of global banking system to run the economy of the United States at their own comfort. The bill secures automatic bailouts for the banks and powerful corporations through the power of the Federal Reserve, which is part of a global consortium of bankers (what I call the International Society of Central Bankers).

“Upon the written approval of the Board of Governors of the Federal Reserve System… and the Board of Directors of the Corporation … and with the written consent of the Secretary of the Treasury, the Corporation may extend credit to or guarantee obligations of solvent insured depository institutions or other solvent companies that are predominantly engaged in activities that are financial in nature, if necessary to prevent financial instability during times of severe economic distress. There shall be available to the Corporation to carry out this section amounts in the Treasury not otherwise appropriated, including for the payment of reasonable administrative expenses.” (pages 43-44/253)

HR 3996 gives power to the Federal Reserve to force companies to obey financial orders from the Federal Reserve, making them an authority of power in their own right. (The nation has already been moving in this direction.) The Fed has the power to take over companies that Fed deems a threat to their own “safety and soundness” or to the “financial stability of the United States.”

Section 1105 gives the Federal Reserve the power to force financial holding companies into bankruptcy: “an involuntary case may be commenced by the Board of Governors of the Federal Reserve System against an identified financial holding company.” (page 38/253)

Section 1701 gives the Federal Reserve the power “in unusual and exigent circumstances” to authorize immediate bailouts and assistance to any “individual, partnership, or corporation.” (page 253/253) Section 1701 enables the Federal Reserve the authority to bypass Congress when the next fiscal crisis occurs.

You can now see the danger that the Federal Reserve and global bankers pose to the national security and the solvency of all Americans if HR 3996 passes.

May 26, 2009

Corporate Control through the Digital Economy

The digital economy has become synonymous with the large amount of global data, often blindly called information, that the world creates through life on the internet. Those corporate rustlers in the data storage business are doing very well indeed even though the immediate rewards of this investment remain mostly in the future while the world endures the continuing fallout from a global financial meltdown.

end of advertisingMost of this corporate benefit has been on the backs of corporate slavery in the backrooms and factories of the third-world as the increasing strength of a global corporate fascism grows and concretes influence in the world. Jobs in America and any economic powerhouse have been sold to the lowest bidder, typically overseas by corporate junkets that claim to have your best interests at heart. They have sold you their truth that life is simply about consumption of goods. Live for the moment. Just do it. Obey your thirst. Corporate fascists are there to rake in the profits while that opportunity exists in the hope of building a global society that they can further rule, influence and plunder.

Right after 9/11, George Bush did not instruct Americans to pray or to unite in common purpose in religious temples. Instead, President Bush encouraged America to go out and shop in temples of commerce. America must not allow terrorists to divert the economy that defines ‘our’ society and power. Through that very economic engine and toil, corrupt and cynical corporate executives of financial institutions have plunged the economies of virtually every nation into the tailspin of recession and employment stagnation. This action of corporate fascists has not been truly recognized and they remain in control as never before as the controllers of currency and commerce. They remain central to ongoing efforts to revive the decimated global economy.

Fascist corporatism now defines the world. America and much of the modern world has a fear of any lack of consumption like the global economy is enduring now. We must be convinced that we must buy now and pay later for the very system in place depends on this reality. Even worse, America has come to realize that the rest of the world has been funding this endeavor in recent years as the fever of fascist consumerism broke with the economic overheating. Much of the world and notably most Americans can no longer continue to eat at the trough of ardent consumerism that has been propelled into superstardom over the last several decades. Credit has been maxed out and personal income commandeered by corporate and government fascists as they stoke the temporary delusions of their bottom line.

The human race has turned the space race into the information age of science and technology, an endless storage bin of computer space into which we cast our hopes, dreams and fantasies, even our futures and of course, the corporate bottom line…for better or worse. We are addicted and will be manipulated to meet the needs of the current powers in place or those that reside in the future.

human lobsterIs there any other reason for the expansion of millions of terrabytes of digital power out there? Does home video really make that much money for corporate fascists? Hardly. Do personal blogs hold the purpose of the world? Unlikely. We are simply human lobsters in what will be a boiling pot given enough time. Humans are food for government control and corporate fascists. We haven’t realized the plans of the power structure in place just yet, even as the plans of those in influence continue to evolve and materialize. It is all about the power of psychology and what information global corporates can mine from your life to benefit themselves, their financial structure and to build their future. Google has only begun to mine data from your life. They may well know more about you than you do. Once that data is used to influence and manipulate, advertising and data mining achieve their pinnacle of success in the name of convenience and customer service.

The American miracle of the internet now holds the building blocks of a new global economy and global manipulation that has never been seen before. The ‘new fascists’ proclaim innovation in technology and processes with the idea of world domination for their own good. The rights of the individual mean nothing in the grand scheme. The small businessman must be crushed or controlled by higher powers. You are simply a means to their end: record profits and control of the market at any cost. The internet will be their social tool. The digital economy is an expansion of the human third-world flesh factory as billions of human lives continue to pour into a global mechanism of control and manipulation.

May 4, 2009

Krugman: Falling Wages and a Recovery

Paul Krugman makes some excellent points:

So what should we conclude from the growing evidence of sagging wages in America? Mainly that stabilizing the economy isn’t enough: we need a real recovery.

But the unemployment rate is almost certainly still rising. And all signs point to a terrible job market for many months if not years to come — which is a recipe for continuing wage cuts, which will in turn keep the economy weak.

To break that vicious circle, we basically need more: more stimulus, more decisive action on the banks, more job creation.

Credit where credit is due: President Obama and his economic advisers seem to have steered the economy away from the abyss. But the risk that America will turn into Japan — that we’ll face years of deflation and stagnation — seems, if anything, to be rising.

The Falling Wage Syndrome by Paul Krugman

Inflation-adjusted American wages have remained ‘stagnant’ since 1975 but the cost of living has steadily increased. This contributes to the use of credit, the nation’s current plight regarding credit slavery and the high prices of market goods, notably automobiles. The recovery of the auto industry, for example, depends on moving cars and trucks. The problem remains in high prices versus wages of Americans. Houston: we have a problem.

In a review of the Census Bureau’s Historical Income Tables, the truth is not stagnation in an actual sense.  For example, the median income for white men fell nearly 10% between 1974 and 1982. The income for the same group climbed 15% from 1982 to 2007. Income for women increased only slightly between 1974 and 1982 and actually fell slightly for blacks during the same period. Meanwhile costs and expenses spiraled out of control at an annual average inflation rate hovering around 10%, fostered by runaway spending created by credit.

Some argue that wages have increased by 40% since the 1970’s. A recent study by the Federal Reserve Bank of Minneapolis discovered that wages for the average American worker went up by 20 percent between 1975 and 2005. However, one cannot accept the current 3% inflation rate pushed by the Federal Reserve and the federal government as fact. Assuming an average 10% inflation rate which is closer to truth, neither 20% or 40% hold a candle to the real and hidden inflation rate. Given a median inflation rate of 10%, you are looking a loss of buying power at a staggering 100% every ten years instead of a professed 30% reduction in buying power. Now you know where the problem really is. Inflation is not our friend. Living on predatory and usurious credit has come at great cost to the entire globe. The bottom line is that a liberal fractional reserve that has allowed runaway credit is truly responsible for the current plight of global financial malaise. The current mindset continues that monetary credit is the answer to the global meltdown. The actions of central bankers continue to dilute the value of the dollar as global currency.

April 18, 2009

The Obama Deception or More?

Note from a friend:
Hey!
I know this is long, but, you have to watch this! It is a very long documentary! The best and most informing, current, and alarming information is towards the end. Watch the whole thing! It is almost two hours long… but very informing and well worth it. Your freedoms and way of life are being torn down, bit-by-bit, and before you know it, you will be so entrenched… and neither you or I can do anything about it! We are all (the whole world) being forced into paying homage to an unseen, deplorable, and downright evil empire! Don’t believe me? Watch it!

Regardless of what you think, the current plight of the world isn’t about Obama as the film opens. John McCain in office would have yielded a similar result if you believe any of this information and if you observed Republicans and lawmakers in office during the last eight years. The history reaches farther back than that. This crisis has been a work in process. In the meantime, the information on this website generally supports the conclusions of the Obama Deception. You don’t need to be a person of faith to realize what the world is looking forward to. How you react is another matter altogether. Upcoming events may cause you to have faith in Bible prophecy and the legitimacy of the Bible.  Regardless of what you think, the “International Society of Bankers” have been very busy. Your security and well-being is not their concern. ~ E.M.

(more…)

May 15, 2008

U.N. Says World Economy on Brink

The U.N. says the world economy is “teetering on the brink” of a severe downturn.

The U.N.’s mid-year economic projections blamed the downturn on further deterioration in the U.S. housing and financial sectors in the first quarter. The U.N. said the U.S. problems are expected to continue to be “a major drag for the world economy” into 2009.

Looking beyond the financial and housing market, you can find strength. Consumer staples and energy are economic hot spots right now. Whether these hot spots are really good for the economy or not, in times of prosperity and decline, investors can always find a way to make a buck.

The United Nations is really good at spending other peoples’ money. Naturally, they are very concerned during a global downturn because money is harder for them to get.

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