-- Posted Tuesday, 31 March 2009 | | Source: GoldSeek.com
By R. D. Bradshaw
On March 24, 2009, Drudge carried a news report from CBS 2 TV in Chicago that Chicagoans have been destroying parking meters to protest a recent rate hike. The backdrop for this story was a report by Jay Levine on a parking meter revolt in Chicago because of higher parking meter charges. Per the story, Chicagoans had begun vandalizing/damaging the meters. Some meters were deliberately smashed, taken apart, spray-painted, or deliberately jammed. Chicagoans are in revolt over the increased charges and are taking their spite out on the meters.
This revolt in Chicago is taking place all the while that news headlines this past week carried stories about a push on to find new revenues for the Federal and various state governments. From England, there are even reports of a rift between the Prime Minister’s office and the Governor of the Bank of England over government plans for more spending and more so-called “stimulus” for the economy.
But as serious as these charges all are, there could be a far bigger problem lurking on the horizon. One of the things which FDR was faced with in the US in 1933 was the need to defuse the presence of “fear” among the American people and replace it with “confidence” in the government and economy. In the coming days, I will prepare a number of studies on the Goldsmiths which specifically address the confidence problem in government and the economic system.
Are Americans Getting Fed Up with Washington and the Fed?
Several things have been underway the past two years to completely upset, anger and demoralize Americans. First, it seems that with regularity there are stories arising telling us that the Fed and/or the US Treasury will be spending large sums of money to bail out the banks and lending institutions for so-called toxic loan paper that they have accumulated over the years (in other words, the US government and Fed are picking up the tab for a number of so-called bad loans and bad notes held by the banks and financial institutions).
Though the government has had a couple of stimulus programs of a few dollars each going to most Americans, this has proven to be chicken feed compared to the literally trillions going to the big banks and other fat cats involved in the lending business. Of course, the politicians seem to have contempt for the taxpayers. They treat us as if we are idiots and incapable of understanding what all is going on in the world of finance in the United States.
Yet, there is a serious distinction between being stupid and being just plain ignorant. The America people are grossly ignorant about how the plutocratic masters cheat and defraud everyone in America. When you couple this outright fraud on Americans (because of the reality that Americans are ignorant and uninformed on what the plutocrats are doing to us) with the fact that the average memory span of Americans is 90 days top, it creates a fertile field for smart, tough, international bankers to rig the whole economy/nation.
Few people understand that the plutocratic market manipulators are the very people who decide what prices farmers will be paid for their cattle, wheat, soybeans, corn, milk, cheese, orange juice, cotton, etc. As for gold and silver, it’s the same story. They decide the prices and supply (because they are able to price the mines out of business so that the mines cannot produce gold and silver at the established market prices).
Yet, as I just suggested, there is a gross difference between being stupid and being ignorant. The Americans are not stupid. They are just ignorant and uninformed about how the ruling plutocrats have set the system up to defraud and cheat us all the while they rake in profits hand over fist.
But I would suggest now that to the extent that Americans have been and can be deceived, cheated and defrauded by the Fed and the Treasury, maybe some of those days are about to end. There are motions afoot which could drastically alter the financial and economic situation in America in the coming days.
The Why for a Possible Change in the Attitude of Americans.
There are several things underway right now which could cause some massive reassessments of the previous American support for the government and the privately owned Federal Reserve Bank which have been doling out trillions of dollars to the super rich owners of the Fed and the associated financial institutions.
As I just noted, the people are not stupid. They are ignorant about how the game is played. Many actually believe that the Federal Reserve Bank is a part of the United States government. Many also believe that Bernanke and the Fed do things and make decisions based on their patriotism and love for this nation. But of course, once the shades of deception start lifting, otherwise ignorant and uninformed people begin to understand how wrong they have been.
I submit right now that those days of gross ignorance and don’t care (because of the obsession of Americans with sports, entertainment and frivolous things) are slowly in the process of change. People are becoming far more informed now than they were ten or twenty years ago. There are actually a number of people out there who now understand that the Fed is a privately owned bank and that it operates to benefit its secret bank owners. There are even people today who believe that Bernanke does not love and care for us but actually works against our best interests.
In August last year, I prepared some articles on the crooked operation of the Fed and its conspiratorial activities with the big international banks to rig the markets and rip us off by manipulating all or almost all of the commodity and currency markets (the first ones were published by goldseek.com on August 20, 2008). While there were a few people around back then who had been hitting the Fed and the Treasury over the work of the plunge protection team, there were few, if any, who had any concept of how big the conspiracy was and how it involved both private and public interests. Today that few has turned into many.
Besides the few publishers who have dared to publish material like this, there are other things going on to wake the American people up and make them come to understand that everything is not alright on main street, USA. Possibly the biggest thing which has made many people shed their apathy and blinders and realize that they are being lied to and ripped off has been the continuous give away of money by the Fed and the Treasury to the big banks and financial institutions.
It seems that with regularity, we are being told again and again that it is necessary to give the fat cat financial wizards more trillions of dollars so that they can start lending money again to the American people. Of course, only idiots and people at the single digit IQ level believe this pap coming out over and over.
But as the prostitute politicians and their secret plutocratic bosses continue to feed these absurdities to the American people, people are slowly waking up and asking why this is happening. There is now much dissatisfaction and loss of confidence across America over these give aways. It hasn’t reached the state of the Chicago rebellion over the parking meters, but there’s a tiger loose and it may soon cause the plutocrats and prostitute politicians great trouble.
If you doubt for a second that people are not waking up and beginning to believe that they are being ripped off, just start asking your acquaintances and the man on the street. You’d be surprised to how many people are mad about the whole thing. Of course, our rulers have doled out some few billions now in free stimulus payments of a few hundred dollars each to most Americans, but this has been chicken feed compared to the trillions being given the big financial fat cats. It’s obvious that these give aways will not end soon. More are coming. But it’s getting harder and harder to sell the once uninformed public on their propriety.
Some Specifics
All the while that the United States has been giving away the trillions, there have been several recent news reports which have really upset the American people. First, we have stories about how JP Morgan Chase and Citi Banks both have been making profits all the while we gave them billions. Naturally, this has not set well with the average citizen trying to eke out a living and pay his mortgage.
It’s bad enough that these banks don’t lend out the bail out moneys, but the problem intensifies in that they have most of us hooked on credit cards where the charges and interest rates run from 10% to 20% per annum. These are usury rates which a decent society would never allow in force in view of the fact they pay about .25% to 2% for money.
Next, a recent report said that some 13 of the biggest recipients of billions of the bail out funds have not been paying their federal taxes (they owe some $220 million). And what do you think the IRS people would do if you owed some nickels and dimes in back taxes? I’ll tell you now they would seize your bank account and put a tap on any and all income coming to you. Furthermore, you probably would be arrested and tried in court for tax evasion. You can bank on it that they would do their best to send you away to prison for years to come.
But the worse news of all has been the work of the AIG insurance giant to take some $170 billion from the American taxpayer and use it to pay out bonuses of some $218 million to some employees; along with using over $50 billion of the bail out money to reimburse the big banks, to include even foreign banks. Well, the American people have been ignorant about what is going on, but the public is not stupid. So they are slowly waking up.
World Affairs Brief’s editorial of Mar 23, 2009 said: “I've never seen such outrage against the Powers That Be (PTB) in Washington. It's not just AIG that is in trouble for paying out hundreds of millions from bailout money in bonuses, it's the bailout itself that has suddenly become tainted. There are so many politicians expressing outrage that one has trouble telling the fakers from the sincere (if there are any). The PTB want something done to placate the public and they want it done yesterday! Their entire credibility as well as their ability to keep bailing out their friends depends on putting out this raging firestorm of protest. One thing is for sure, AIG is toast if it doesn't get a continuing flow of bailout money and no politician is going to get away with giving them another dime unless this bonus issues (sic) goes away…”
If all of the above wasn’t enough, the president has announced his plans to give money to certain home owners who are delinquent in their mortgages. An AP report of Feb18 by Mark E. Smith said that “Obama unveils $75 billion mortgage relief plan.” It noted that he wants Congress to pass another new “relief” plan. This one is designed to provide money to keep some 7 to 9 million families in their homes and out of foreclosure. According to Moody’s, some 13.8 million families out of 52 million mortgages owe more money on their homes than their homes are worth on the market. Per the story, Detroit carmakers have also just asked for an additional $14 billion in bailout cash.
I noted in Analysis of News back then that the give away floodgates had been opened. Most everybody possible will come to the government for bail out money. Too, there is another adverse fallout from this latest proposed give-away. There is a growing sense of revolt among many Americans who have been paying their mortgages. They are mad that people who have not paid will receive a bailout while those who paid get nothing. I said back in Feb that if this revolt spreads, it may present a major problem for the Obama administration and America’s plutocratic rulers.
Beyond all of the above, we have simultaneously faced a series of ponzi schemes where fat cat crooks have made off with billions. Just a few weeks ago, people were committing suicide because the fraud artist Bernard Madoff had ripped them off. But the Madoff scam was only one of many.
The London Guardian of Mar 22d had a story by Andrew Clark on Collapsing markets expose “Ponzimonium” of scam artists which said: “Financial authorities in the US are investigating ‘hundreds’ of individuals and entities over suspected Ponzi schemes as turmoil on the global financial market exposes fraudsters, whose ill-gotten gains have remained undetected for years. The commissioner of the US Commodity Futures Trading Commission, Bart Chilton, warned today of ‘rampant Ponzimonium’… Chilton said that regulators are uncovering more Ponzi schemes in the wake of high-profile cases such as the Madoff debacle and charges filed against Allen Stanford. ‘Regulators are certainly seeing more of these scams than ever before,’ said Chilton…”
Chilton added that in the last month alone the CFTC had gone after fraudsters in seven states. He said that “These guys are relentless - sending out bogus statements, slick monthly portfolios… One even used an imposter to pose as a successful investor who gave glowing testimonials.”
While fraud artists like Madoff are bad enough, what will people do if they ever wake up and understand how the Fed, the Treasury, and others in London, Washington and New York have even worked bigger ponzi scams than the one run by Madoff?
The Bottom Line
The evidence is growing almost daily that America’s ruling plutocratic international bankers and their owned and controlled prostitute politicians are sitting on a ticking time bomb and I submit that they don’t have a clue as to the dangers which could explode almost over night with dissatisfaction and revolt from the people. Admittedly, the people are ignorant. But they are not stupid. As more and more information comes to light, many people are putting two and two together and understanding that we, the people, are being ripped off, cheated and defrauded by a gang of super rich crooks who took over our nation in 1913.
We are approaching a long, hot summer. And if any of the immediate threats of a collapse come true, as cited in the Goldsmiths, part LIV, there could be open signs of revolt, revolution and enormous internal trouble this summer. The people are beginning to wake up and understand that the direction the nation is going is not good. It would not take much to cause open conflict between the people and the nation’s leaders.
Do you suppose that this coming possibility is the reason the Defense Department has started stationing combat brigades in the United States this year and for the increasing preparation of civilian internment camps on military posts? Is it possible that leaders at the Pentagon have been addressing the possibility of internal riots and revolution? While we may not have open warfare in US streets and cities this summer, we very possibly may be laying the groundwork for it next year if America’s leaders don’t make some major changes in their MOs.
Frankly, my own guess is that America’s rulers will start WWIII at some point in time to supposedly solve the problems. In a sense, that’s really what rescued FDR and his administration—war. But there is a question of how much internal trouble can come before the nation’s leaders turn to war.
As a minimum, there is already a build up in the loss of confidence in our national leaders and government. For sure, if and when this trouble erupts, gold and silver will go up in value.
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Back issues of the Goldsmiths, by the editor of the Analysis of News, can be accessed from a Google or Yahoo search engine by typing in “R. D. Bradshaw” Goldsmiths. Several hundred web sites can be found with the back issues and with translations to Spanish, Italian, German, Chinese and other foreign languages. Goldseek.com has most of the back issues of the Goldsmiths. Finally, the “Archives-Goldsmiths” of this website (www.analysis-news.com ) has all of the Goldsmith articles issued to date.
Besides the revelations contained in the Goldsmiths’ articles, the work of the plutocratic financial market manipulators to conspiratorially manipulate and control the financial markets (to make more profits and install a world government under their management) is also addressed at length in the periodic analysis of the news and in other articles produced at www.analysis-news.com. This website has an article of interest to any person interested in understanding the market Manipulators. It is the Hidden Secret of the Manipulators, why they succeed and how to follow their manipulations.
Readers of the above articles are invited to visit www.analysis-news.com and become a subscriber to regularly read some of the material from the world of information which will further reveal how extensive the manipulation, control and dishonesty realities are in the financial, currency and commodity markets, not only in the US but indeed around the world. To go to the home page of this website, please click at the link here: www.analysis-news.com.
-- Posted Tuesday, 31 March 2009 | Digg This Article
| Source: GoldSeek.com
