The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label government. Show all posts
Showing posts with label government. Show all posts

Wednesday, February 25, 2015

Former member of Plunge Protection Team confirms government controls all markets

For years many economists and investors believed that the government played a much bigger role in controlling markets than the mainstream let on.  And when you look at how regulatory bodies such as the CFTC and SEC failed to halt illegal activity by banks and corporations in areas such as insider trading, naked short selling, and commodity manipulation, the evidence of this becomes much too strong to ignore.
But for the first time in the decades of this ‘conspiracy theory’ belief, the oppressed finally have a whistle blower, and one who actually worked on the government’s Plunge Protection Team.  And like Edward Snowden’s revelations of government spying occurring over every aspect of our lives, so too does former U.S. financial adviser Dr. Pippa Malmgren publicly affirm that not only does the government manipulate the markets as they see fit, they control every aspect of them.
 
Read more on this article here...
 

Sunday, October 5, 2014

Debt slaves can become slaves to the state if Senate bill 2726 passes

Remember the Peace Corps that was all the rage during the 1960’s and 70’s?  It was a way for students who had debts remaining after graduation to receive a deferment or even full forgiveness for volunteer service.  Now, Washington is a proposing a new way for students to receive forgiveness of their massive debts by having them work for the government for a set amount of years, and becoming part of President Obama’s ‘civilian force’ he promoted during his election campaign of 2008.



Read more on this article here...

Thursday, January 23, 2014

Unemployment rate soon to drop below 6% as 1.4 million people lose benefits

The government is never interested in facts, it is only interested in truth… and especially truth that makes their policies and agendas look good.  Which is why America stands on the brink of having 1.4 million jobless workers no longer be recognized in the economy, and the Obama administration potentially claiming a false victory as the unemployment rates could drop below 6% for the first time in several years.


Read more on this article here....

Sunday, December 8, 2013

Eric Sprott: My greatest fear is that governments are broke

On Dec. 6, billionaire and asset manager Eric Sprott spoke on the current economic climate surrounding nations and central banks, and how the insolvency of governments is creating the biggest fear for the global financial system.
"King World News: What is your greatest fear going forward?  What’s your worry?
Eric Sprott: My greatest fear is that government’s are broke.  It’s so obvious, I mean, that’s the easiest call in the world.  And to think that 1000 economists have signed up for this (The Inform Act ), including 15 Nobel prize winning economists, is just tantamount to recognition of what the elephant in the room is."

Read more on this article here...

Friday, September 20, 2013

70% of Americans believe U.S. government is now fascist

The core definition of fascism is the melding of government and corporations, where laws and decisions are made to benefit banking and industrial entities over that of the people.  And five years after the U.S. government voted to use taxpayer money to bailout out insolvent financial institutions, coupled with central bank QE policy which has benefited Wall Street over Main Street, 70% of Americans now believe our government has become a fascist ideologue in a recent poll.



Read more on this article here...

Thursday, January 17, 2013

Central Banks: Doing the same thing over and over and expecting a different result

Since the inception of central bank controls over the currency of nations, the primary tool used to attempt to create economic growth has been to expand the money supply.  This primary economic theory is known as Keynesianism, and is based on the belief that growth can be created and expanded through central bank and government intervention to artifically create higher GDP.

However, the truth bears out that this has been a failed policy in the long run, and eventually, every fiat currency devalues to the point where the currency collapses, or an economy collapses due to failed confidence in the system.  And yet, even for faux expert economists like Paul Krugman, facts are not powerful enough to dissuade men from failed beliefs and policies, and the result is an economic system that does the same thing over and over, expecting a different result, and bleating for more money infusion when their policies accomplish little.

A new graph shows how detrimental Keynesian theory and central bank money expansion is to creating growth in an economy, and makes the argument that current government polices are being done either to purposefully crash the system, or are run by men and women with mental disasbilities.


This chart proves beyond any discussion that more equals less in relation to money infusion and economic growth.  When a currency devalues from too much in the system, prices may rise, but actual growth will stymie and eventually retrace.  However, the money printers will also be left holding the bag, having to print more and more money to pay interest and debt, since economic growth revenues will shrink accordingly.

Monday, October 15, 2012

Manipulated inflation rates by government leading to lower COLA on Social Security for 2013

With the Federal Reserve and Federal government blatently manipulating the true rate of inflation in the economy, the results for 2013 are going to be a 1 or 2% COLA increase for Social Security recipients next year.





Charts courtesy of Shadowstats

Social Security recipients shouldn't expect a big increase in monthly benefits come January.

Preliminary figures show the annual benefit boost will be between 1 percent and 2 percent, which would be among the lowest since automatic adjustments were adopted in 1975. Monthly benefits for retired workers now average $1,237, meaning the typical retiree can expect a raise of between $12 and $24 a month.

The size of the increase will be made official Tuesday, when the government releases inflation figures for September. The announcement is unlikely to please a big block of voters _ 56 million people get
benefits _ just three weeks before elections for president and Congress. - Associated Press via Breitbart

According to John Williams and Shadowstats, true inflation for 2012 is between 5 and 9%, dependent upon which model (1980 or 1990) one chooses to reference.  The government has manipulated real price inflation for more than two decades to ensure COLA increases are not in line with real inflation, to both save 10's of billion of dollars in benefit payouts, and to hide the fact that their deficit spending is causing massive inflation on essentials people need like food, energy, and rents.

Going into the 2012 election, the current administration doesn't want you to see the 30-80 rise in food prices over the past four years, and are making sure their media propagandists lie to you on what the real inflation rate is in the economy.

Wednesday, August 8, 2012

Government withholding money from Social Security recipients who have student loan defaults

When President Obama endorsed going back to school shortly after he came into office, very few Americans understood what the full ramifications of this would be.  Coupled with the fact that under Obama, the government has taken over the Student Loan industry, millions of Americans have become debt slaves to Uncle Sam.

And to deal with the 30% of student loan debtors who are delinquent in their payments, the government has moved towards stricter ways of getting its money back, and this now includes withholding Social Security payments to worthy recipients.



It's no secret that falling behind on student loan payments can squash a borrower's hopes of building savings, buying a home or even finding work. Now, thousands of retirees are learning that defaulting on student-debt can threaten something that used to be untouchable: their Social Security benefits.

According to government data, compiled by the Treasury Department at the request of SmartMoney.com, the federal government is withholding money from a rapidly growing number of Social Security recipients who have fallen behind on federal student loans. From January through August 6, the government reduced the size of roughly 115,000 retirees' Social Security checks on those grounds. That's nearly double the pace of the department's enforcement in 2011; it's up from around 60,000 cases in all of 2007 and just 6 cases in 2000.

The amount that the government withholds varies widely, though it runs up to 15%. Assuming the average monthly Social Security benefit for a retired worker of $1,234, that could mean a monthly haircut of almost $190. "This is going to catch an awful lot of people off guard and wreak havoc on their financial lives," says Sheryl Garrett, a financial planner in Eureka Springs, Ark.

Many of these retirees aren't even in hock for their own educations. Consumer advocates say that in the majority of the cases they've seen, the borrowers went into debt later in life to help defray education costs for their children or other dependents. Harold Grodberg, an elder law attorney in Bayonne, N.J., says he's worked with at least six clients in the past two years whose problems started with loans they signed up for to help pay for their grandchildren's tuition. Other attorneys say they're working with older borrowers who had signed up for the federal PLUS loan -- a loan for parents of undergraduates -- to cover tuition costs. Other retirees took out federal loans when they returned to college in midlife, and a few are carrying debt from their own undergraduate or graduate-school years. (No statistics track exactly how many of the defaulting loans fall into which category.) -
Smart Money

Over 100,000 social security recipients have had their benefits withheld in 2012 because of student loan delinquencies they have incurred, or they are bound to from co-signing with someone else.  And with the fact that nearly 50% of all Americans age 18-24 are unable to find jobs to pay off those loans, finding mercy with Uncle Sam is an fruitless activity because while your Pastor might give you remission for your choices, the government rarely forgives.

Tuesday, May 1, 2012

Government will run out of money before elections

The great Debt Ceiling debate of 2011 appears to have accomplished little but to maintain the status quo for big spenders in both the Republican and Democratic parties.  In fact, after the political rhetoric of the Super Congress, and cut spending took place over a month last summer, the end result has been an INCREASE in spending, so much so that the government is now expected to run out of money a full month before the Presidential elections.

This after Congress promised the American people that their raising the debt ceiling in 2011 would last until the end of 2012.

Earlier today, the Treasury forecast that in the third and fourth fiscal quarter of 2012 (April-September), the US would need a total of $447 billion in new debt (split $182 billion in Q3 and $265 billion in Q4), bringing the total debt balance to just over $16 trillion by the end of September. While this is a commendable forecast, and one which certainly has provided to alleviate rumors that the US debt ceiling of $16.4 trillion would be breached by the mid/end of September, the chart below shows that it may be just a tad optimistic.

The only problem is that when one superimposes the projected debt issuance with the historical one. ...So maybe someone smarter than us can explain how the trendline of debt issued to date, and the forecasted debt differ by a cumulative $300 billion over the next 5 months? - Zerohedge




Charts courtesy of Zerohedge

Since the Daily Economist already pointed out last month that reliance on government reports equates to misinformation, then the chances that the Obama Administrations Treasury Department actually projecting correct data is simply propaganda.  President Obama has spent more debt in his first 3 years than President Bush did in 8, and this includes paying for 2 wars.

No, the government will be bankrupt (Again) by the end of September, and the question will be, who will be able to use this politically to win the White House in November.

Wednesday, March 28, 2012

How to fund the government in 2012 and other bedtime stories

Professor Antony Davies of Duquesne University has put together a factual and yet satircal piece of economic data on how our bankrupt government, which borrows more than $150 billion per month, can afford to fund itself for the rest of 2012.

Tuesday, February 14, 2012

Poor in America growing as government forgets those who lost jobs and homes

There has always been homeless in America.  From the mentally ill and unstable, to military veterans who could not cope with society upon their return, to those who simply chose to not live according to the regimented structure of the economic paradigm.

In a new expose by the BBC on February 13th, the media takes a look at the poor in America, and how many are simply victims of the economic destruction that has taken place since the credit crisis, bursting of the housing bubble, and the sheer lack of opportunities in the once wealthiest nation in history.



Video courtesy of Leenicklen

Thursday, February 9, 2012

Americans independence wanes as more people rely upon government than ever before

The Heritage Foundation just completed a new study on government spending, and 18 other critical areas where cost and dependence by the American people on government welfare and subsidies over self-reliance is at the highest point in history.

The Index of Dependence on Government generally works the same way. The raw (unweighted) value for each program (that program’s yearly expenditures) is multiplied by its weight. The total of the weighted values is the Index score for that year.
The Index is calculated using the following weights:
  1. Housing: 30 percent
  2. Health Care and Welfare: 25 percent
  3. Retirement: 20 percent
  4. Higher Education: 15 percent
  5. Rural and Agricultural Services: 10 percent
The weights are “centered” on the year 1980. This means that the total of the weighted values for the Index components will equal 100 for 1980, and 1980 is the reference year in comparison to which all other Index values can be evaluated as percentages of 100. - Heritage Foundation


With the scale going nearly exponential since 1980, the chances of a reversal become much slimmer as more people turn towards government than every before in their daily lives.  This chart can almost parallel the climb in National debt since the baseline year, and as such, the collapse of the economic structure will most certainly come at a time when the government no longer can afford to pay so much in welfare and benefits.

Monday, January 23, 2012

The State of the Union is poor in Americans trust of the government and the economy

Tomorrow night is President Obama's State of the Union address, and the state of the union is poor.  At least according to a new Gallup poll on how Americans feel the government is dealing with the economy.

"As President Barack Obama prepares his annual address to Congress, Americans are broadly dissatisfied with the state of the nation in several specific issue areas, with satisfaction down sharply in some cases since January 2008. However, three issues -- the nation's economy, the size and power of the federal government, and the moral and ethical climate in the country -- fit both of these unwelcome criteria." And with the only response the administration has in the past three years consisting of either printing more money which sends all assets, especially energy, higher in price, or fiscal stimulus of which 90% and more is lost due to inefficiencies and corruption, we don't see satisfaction rising any time soon. - Zerohedge





2012 may not be the end of the world according to the Mayan Calender, but it is well on its way to being the end of American domination in the global economy.

Tuesday, November 15, 2011

UBS issues report on the Rise of the State over the economy

There was a time in history when economies ran as a function unto themselves.  When supply and demand worked hand in hand with sound money, and trade was a mutual thing between one or more nations.

However, since the 1930's, those who listened to, and chose to follow the insane polices of John Maynard Keynes and institute government intervention to spur artificial growth in the economy, are now finding that the final step in this process is a complete takeover of the economy by the state itself.

In a new report from UBS, the rise of the state over the economy is nearly complete, and it carries itself in the form of either Fascism, Socialism, Marxism, or any combination of the three.

Governments are encroaching into more and more areas of the world economy. This is not just through political drama (as we have seen in the Euro area), nor even through the conventional mechanisms of foreign exchange intervention. Regulation (and regulatory uncertainty), sovereign wealth funds, bond market manipulation and default risks all play a role in financial markets, and all are intensely political in their nature. - UBS via Zerohedge

You can see the entire report by going to this site.

For years, US Presidents, or candidates running for the Presidency, have given promises that THEY can fix the economy, and right the financial ship of the nation.  This is no longer simply a campaign promise, as the ability to control and regulate nearly every aspect of the markets and the economy is now contained in the myriad of government agencies under the domain of the Executive Branch.

Wednesday, October 19, 2011

The debt reality for the American people

A new study out shows that even with all the hoopla about Congress dedicating itself to cutting waste in Washington, federal spending is actually up 5% this year.

Meet the new bosses... same as the old bosses.

In fact, in the first nine months of this year, federal spending was $120 billion higher than in the same period in 2010, the data show. That's an increase of almost 5%. And deficits during this time were $23.5 billion higher.
 These spending hikes haven't stopped many analysts from claiming that the country is in an age of budget austerity, one that's hurting economic growth. - Investors.com
The thing is, little of that additional spending went to help the American people in any way.
Now, the IMF has issued a new chart on per capita debt, intrinsically tied to our government spending.  The chart shows that our debt is growing much faster than our GDP output, and it basically shows that the US has crossed the Rubicon of insolvency not only at the Federal level, but at the individual level as well.

Chart courtesy of the IMF via Zerohedge