Expose Cinema presents an interview with Bill Still. Featured on the program is a clip from his latest documentary film "The Secret of Oz."
Mr. Still is an author and documentary film maker, best known for his documentary "The Money Masters" and it covers the history of money and the Federal Reserve System.
http://www.youtube.com/watch?v=zSL2OO-RuP0
söndag 23 december 2012
lördag 15 december 2012
G. Edward Griffin - The Collectivist Conspiracy
G. Edward Griffin is a writer and documentary film producer with many successful titles to his credit. He is well known because of his talent for researching difficult topics and presenting them in clear terms that all can understand. He has dealt with such diverse subjects as archaeology and ancient Earth history, the Federal Reserve System and international banking, terrorism, internal subversion, the history of taxation, U.S. foreign policy, the science and politics of cancer therapy, the Supreme Court, and the United Nations. Mr. Griffin is a graduate of the University of Michigan where he majored in speech and communications. He is also the creator of the Reality Zone Audio Archives, and is President of American Media, a publishing and video production company. Don’t miss this excellent hour as we cover the collectivist conspiracy, including the ideology and nature of a collectivist. We’ll hear about Cecil Rhodes, and the secret society most have no clue about. But first Mr. Griffin explains how the anger of the Occupy movement was misdirected. We also address the subject of capitalism. G. Edward explains how collectivism, replaced capitalism in America a long time ago. We’ll cover the model of collectivism and how it manifests. Mr. Griffin warns of "full term collectivism, "100% government and 0% freedom that will end in totalitarianism. We’ll also talk about Soviet Russia, communism and draw parallels with American and Europe today. The hour ends discussing people’s fear of freedom. G. Edward Griffin offers a solution in the end.
http://www.redicecreations.com/radio/2012/12/RIR-121213.php
http://www.redicecreations.com/radio/2012/12/RIR-121213.php
lördag 8 december 2012
Debt Free Money
An interview with Bill Still, film-maker of 'The Money Masters' and 'The Secret of Oz' explains why we are going through a financial crisis and offers his solutions to the ever increasing debt curve.
Sedan ang Austrian School
The first 2 minutes of Max Keiser's latest is so interesting regarding the von Mises Institute.
https://www.youtube.com/watch?feature=player_embedded&v=hBHcpxxsq8w#!
Many are questioning now -- for the first time -- the previously accepted dogma that gold is good. Why do smart folks like Peter Schiff, Ed Griffin and Ron Paul refuse to take a fresh look at this question when they are spouting the same philosophy that J.P. Morgan espoused 100 years ago.
My take on Ed Griffin is that he is a patriot and well-intended. He, like Ron Paul, grew up at that time when the von Mises folks were in their ascendency. Their real agenda was hidden. Schiff, Griffin and Paul would have to admit they were wrong. They would have to admit that the von Mises/old school Libertarians were -- at best -- nothing but anarchists -- and worse than that, plutocrats.
The von Mises folk believe that the average person is too stupid to effectively participate in self-governance, so, therefore, all governance should default to non-governance??? History clearly shows that a state of non-governance will quickly default into the hands of the few -- the crown and its banks -- plutocracy. In either case, they do not believe in humanity's thousand-year great experiment in self-governance.
Freedom is a delicate balance between too much governance and too little. What the von Mises folk won't admit is that serfdom exists at either end of that balance. Von Mises folk don't realize that the anarchism professed openly by Prof. Murray Rothbard & company does not yield maximal human political freedom. Nature abhors a vacuum. Every anarchy in world history is followed in short order by tyranny and maximal centralization of power.
Ed Griffin and Ron Paul would rather go to their graves than admit they had swallowed this poison pill of the last 4 decades, hook, line and sinker.
I'm studying J.P. Morgan and the Rockefellers right now. Morgan constantly supported the gold standard calling it "sound money." He also considered himself a pirate -- oops, I mean a "privateer" -- in the service of the British Crown and the City. That's why he called all 4 of his yachts, "Corsair", and painted them black. Not surprisingly, he stopped short of flying the "Jolly Roger", however.
Gold money is the ultimate centralization of the money power. Yes, it IS sound money. The quantity is easily controlled, but it does not democratize the money power to operate to the benefit of we, the people. It centralizes it into the hands of those few best able to buy up the commodity serving as the monetary base -- gold. This would, in fact, be the bankers.
I believe that a sovereign money must serve the public interest -- by definition.
I believe that gold money does not serve the public interest.
I believe power should be decentralized to the maximum extent which is politically practical. Too much decentralization slips over into anarchy and yields the same as too much centralization in the first place.
https://www.youtube.com/watch?feature=player_embedded&v=hBHcpxxsq8w#!
Many are questioning now -- for the first time -- the previously accepted dogma that gold is good. Why do smart folks like Peter Schiff, Ed Griffin and Ron Paul refuse to take a fresh look at this question when they are spouting the same philosophy that J.P. Morgan espoused 100 years ago.
My take on Ed Griffin is that he is a patriot and well-intended. He, like Ron Paul, grew up at that time when the von Mises folks were in their ascendency. Their real agenda was hidden. Schiff, Griffin and Paul would have to admit they were wrong. They would have to admit that the von Mises/old school Libertarians were -- at best -- nothing but anarchists -- and worse than that, plutocrats.
The von Mises folk believe that the average person is too stupid to effectively participate in self-governance, so, therefore, all governance should default to non-governance??? History clearly shows that a state of non-governance will quickly default into the hands of the few -- the crown and its banks -- plutocracy. In either case, they do not believe in humanity's thousand-year great experiment in self-governance.
Freedom is a delicate balance between too much governance and too little. What the von Mises folk won't admit is that serfdom exists at either end of that balance. Von Mises folk don't realize that the anarchism professed openly by Prof. Murray Rothbard & company does not yield maximal human political freedom. Nature abhors a vacuum. Every anarchy in world history is followed in short order by tyranny and maximal centralization of power.
Ed Griffin and Ron Paul would rather go to their graves than admit they had swallowed this poison pill of the last 4 decades, hook, line and sinker.
I'm studying J.P. Morgan and the Rockefellers right now. Morgan constantly supported the gold standard calling it "sound money." He also considered himself a pirate -- oops, I mean a "privateer" -- in the service of the British Crown and the City. That's why he called all 4 of his yachts, "Corsair", and painted them black. Not surprisingly, he stopped short of flying the "Jolly Roger", however.
Gold money is the ultimate centralization of the money power. Yes, it IS sound money. The quantity is easily controlled, but it does not democratize the money power to operate to the benefit of we, the people. It centralizes it into the hands of those few best able to buy up the commodity serving as the monetary base -- gold. This would, in fact, be the bankers.
I believe that a sovereign money must serve the public interest -- by definition.
I believe that gold money does not serve the public interest.
I believe power should be decentralized to the maximum extent which is politically practical. Too much decentralization slips over into anarchy and yields the same as too much centralization in the first place.
So Conclution:
In a world where gold is money the wealthy has the political power
In a world there credit is money (as it is today) the banks has the political power
In a world where the goverment creates is own debt free money and the system is ruled by law (equal to all) the people has the power.
söndag 2 december 2012
Monetary Refom - Fractional Reserve Lending
Much is discussed right now about how to reform the monetary system
given the evident flaws we now see appearing in front of our eyes.
Many, many times in history has the economy gotten in to very deep
problems after it has gone back to a e.g. a gold standard. In fact it is not
the fact money today is a fiat rather than something of worth that constitutes
the problem. The real big problem we need to get away from is the privatization
and centralization of money via the private banking interests and first and foremost
get rid of the completely and utterly insane fractional banking system. This as
it allows for private banking interests to create booms and busts (the so
called business cycle) in the economy by the creation of credit that in fact is
money out of this air and that then banks have the nerve also charge interest on that fraudulent
behavior.
Bottom line:
in a world where money is defined as welth e.g. gold and or silver - the wealthy has the power
In a world where money is defined as credit, that is it is loaned in to existens via the fractional banking system as it is today - the private bankers rule the world.
The people rule in a world where the creation of money is made debt free via the goverment in a decentralized faschion far out of reach of centralised private hands.
http://www.youtube.com/watch?v=Rbq7NRnCQDM&list=UUhZRoC9bMegevAxFmee1oSA&index=9&feature=plcp
torsdag 29 november 2012
BOJ to implement QE without limits?
In the land where it's central bank some decades ago actually invented the QE approach things seems to be adding up. Now whats then the solution? Apparently not only more QE but in fact unlimited QE.
Japan was reported its first ever current account deficit, or certainly, its first for many decades. They have a very overvalued exchange rate, a collapsing export sector, an unreformed domestic economy, a debt challenge that makes Greece’s seem easy to solve, a central bank that doesn’t try too hard – currently – to reach its inflation target and, once again, a very weak economy.
And that is without even getting into the complex issues of its relationship with China and other Asian countries, that in principle should be as good for them as those countries are for the rest of us.
Anyhow, we may soon see a general election and a return of the LPD, whose probable
Prime Minister has told us now 3 times in the last fortnight that he would force the BOJ, if necessary, to pursue a 3% inflation target.
This is the sort of thing that many were advising Japan from overseas in the mid to late 90’s when so many people mistakenly lost of lot of money betting against the Yen. Go get all those guys out of retirement as the time has probably come.
The outlook for the Yen is highly asymmetric. It could either waffle around, or could decline sharply in coming months. It is, in my opinion, the most interesting macro thing out there. I have been getting more and more negative about the Yen for the past couple of years, and I have, so far, been wrong, but it seems more and more obvious to me, that the moment is here.
Read more: http://www.businessinsider.com/shinzo-abe-the-boj-and-the-yen-2012-11#ixzz2Db0aN0Bg
The history of QE and how it came about:
Japan was reported its first ever current account deficit, or certainly, its first for many decades. They have a very overvalued exchange rate, a collapsing export sector, an unreformed domestic economy, a debt challenge that makes Greece’s seem easy to solve, a central bank that doesn’t try too hard – currently – to reach its inflation target and, once again, a very weak economy.
And that is without even getting into the complex issues of its relationship with China and other Asian countries, that in principle should be as good for them as those countries are for the rest of us.
Anyhow, we may soon see a general election and a return of the LPD, whose probable
Prime Minister has told us now 3 times in the last fortnight that he would force the BOJ, if necessary, to pursue a 3% inflation target.
This is the sort of thing that many were advising Japan from overseas in the mid to late 90’s when so many people mistakenly lost of lot of money betting against the Yen. Go get all those guys out of retirement as the time has probably come.
The outlook for the Yen is highly asymmetric. It could either waffle around, or could decline sharply in coming months. It is, in my opinion, the most interesting macro thing out there. I have been getting more and more negative about the Yen for the past couple of years, and I have, so far, been wrong, but it seems more and more obvious to me, that the moment is here.
Read more: http://www.businessinsider.com/shinzo-abe-the-boj-and-the-yen-2012-11#ixzz2Db0aN0Bg
The history of QE and how it came about:
The original Japanese expression for quantitative easing (量的金融緩和, ryōteki kin'yū kanwa), was used for the first time by a Central Bank in the Bank of Japan's publications. The Bank of Japan has claimed that the central bank adopted a policy with this name on 19 March 2001.[25] However, the Bank of Japan's official monetary policy announcement of this date does not make any use of this expression (or any phrase using "quantitative") in either the Japanese original statement or its English translation.[26] Indeed, the Bank of Japan had for years, including as late as February 2001, claimed that "quantitative easing … is not effective" and rejected its use for monetary policy.[27] Speeches by the Bank of Japan leadership in 2001 gradually, and ex post, hardened the subsequent official Bank of Japan stance that the policy adopted by the Bank of Japan on 19 March 2001 was in fact quantitative easing. This became the established official view, especially after Toshihiko Fukui was appointed governor in February 2003. The use by the Bank of Japan is not the origin of the term quantitative easing or its Japanese original (ryoteki kinyu kanwa). This expression had been used since the mid-1990s by critics of the Bank of Japan and its monetary policy.[28]
Quantitative easing was used unsuccessfully by the Bank of Japan (BOJ) to fight domestic deflation in the early 2000s.[12][29][30][31] The Bank of Japan has maintained short-term interest rates at close to zero since 1999. With quantitative easing, it flooded commercial banks with excess liquidity to promote private lending, leaving them with large stocks of excess reserves, and therefore little risk of a liquidity shortage.[32] The BOJ accomplished this by buying more government bonds than would be required to set the interest rate to zero. It also bought asset-backed securities and equities, and extended the terms of its commercial paper purchasing operation.[33]
So given the indded very, very poor track record related to how improvements in the economy correlates to QE stimuli, and then also considering it has now been going on in Japan for well over a decade one would imagine it's time to trye some new approach rather than to contimue with the QE program? Not so it seems the real viable option to the japanese is not only to continue the QE programs but in addition significantely ramp up the scale and scoope.
Insanety - a definition
http://www.brainyquote.com/quotes/quotes/a/alberteins133991.html
Time to replace the QE name with a new one. As QE in reality has nothing to do with trying to improve the overall real economy but in fact is all about tryung to save already insolvent banks it should be named something along these lines - "make taxpayers pay in order to try to delay the imminent and very necessary downzising of the fianancial sector to an acceptable level program".
Then when the Yen is down the drain next to the slaughter is the dollar as the US in a very predictable pattern has followed the Japanese example and QE approach. Only differencve is that the US as it started to enroll on this scheme approximately half a decade later than the Japanese, still has some time to catch up.
Time to replace the QE name with a new one. As QE in reality has nothing to do with trying to improve the overall real economy but in fact is all about tryung to save already insolvent banks it should be named something along these lines - "make taxpayers pay in order to try to delay the imminent and very necessary downzising of the fianancial sector to an acceptable level program".
Then when the Yen is down the drain next to the slaughter is the dollar as the US in a very predictable pattern has followed the Japanese example and QE approach. Only differencve is that the US as it started to enroll on this scheme approximately half a decade later than the Japanese, still has some time to catch up.
"The Most Powerful Psychopaths In The World"
There are many incredibly powerful psychopaths in our society. They're respected and loved and honored. You can spot them simply by looking at their bank accounts.
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