7 Responses to “Who is manipulating the world food and medicine supply?”

1. Nalliah Thayabharan Says:
   May 16th, 2014 at 12:43 pm

   First, the name “Federal Reserve Bank” is not federal, nor is it owned by the government. It is privately owned.

   Its employees are not in the civil service. Its physical property is held under private deeds, and is subject to local taxation.

   It is an engine that has created private wealth that is unimaginable, even to the most financially sophisticated.

   It has enabled an imperial elite to manipulate US economy for its own agenda and enlisted the US government itself as its enforcer.

   The US Federal Reserve Bank controls the times, dictates business, affects Americans’ homes and practically everything in which Americans are interested.

   It takes a powerful force to maintain an empire, and this one is no different.

   The concerns of the leadership of the “Federal Reserve” and its secretive international benefactors appear to go well beyond currency and interest rates.

   Alan Greenspan, served as Chairman of the Federal Reserve from 1987 to 2006, stated at the annual Dinner of Francis Boyer Lecture of The American Enterprise Institute for Public Policy Research on December 5, 1996:

   “Augmenting concerns about the Federal Reserve is the perception that we are a secretive organization, operating behind closed doors, not always in the interests of the nation as a whole. This is regrettable, and we continuously strive to alter this misperception.”

   The privately owned Federal Reserve has confused the public, lied to them and stole their gold and silver.

   All the perplexities, confusion and distress in America arise, not from defects in the Constitution, and not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit and circulation.

   Of all the contrivances devised for cheating the laboring classes of mankind, none has been more effective than that which deludes him with paper money.

   After many years of blundering toward it, and only a few months before the beginning of the World War 1, Rothschild found the formula for the most efficient credit machine that was ever invented. This was the Federal Reserve System.

   Most people are unsure of the meanings of words such as money, dollar, wealth, inflation and credit. The average person would be very surprised if they knew how the money system used to work compared to how it operates now.

   The essence of psychological warfare is to confuse the meaning of words, and infiltrate the mind with conflicting concepts.

   The use of the word Federal in the name federal Reserve leads the public to believe that the Federal Reserve is a government institution, when it is really a private corporation owned by foreign and domestic banks and operated for profit.

   The Federal Reserve controls America’s money supply and interest rates, and there by manipulates the entire economy, in violation of

   1. Article 1, Section 8 of the United States Constitution that expressly charges Congress with power to coin money and regulate the value thereof, and.

   2. Article 1, Section 10 of the constitution says “No State shall make any thing but gold and silver Coin a Tender in payment of Debts.”

   Over time, gold and silver coins were removed from American money supply and removed as backing for American paper currency and replaced with debt (or credit).

   The definition of dollar has changed to hide the fact that a dollar is not money, but a unit of measurement for gold and silver coin. For example:

   1. Title 12 United States Code Section 152 says: “The terms lawful money or lawful money of the United States shall be construed to mean gold or silver coin of the United States.”

   2. Title 31 United States Code, Section 5101 says: “The money of account of the United States shall be expressed in dollars.”

   The recent equivalent to the goldsmith’s receipt for gold is the Federal Reserve Note. The word “Federal” implies Federal government, but the Federal Reserve is a privately owned corporation. The word “Reserve” implies that something gives the paper receipt value, but no gold or silver backs this paper.

   The word “Note” implies a contract, because legally a note must state who is paying, what is being paid, to whom and when.

   Most people say something like, “I have a dollar bill”. But what is a bill?

   A bill is a receipt of a debt owed by one person or company to another. Therefore, a “dollar bill” is a receipt (or bill) of debt of one dollar that is owed.

   From 1914 to 1963, Federal Reserve Notes never claimed to be money, nor did they claim to be dollars. A note for five dollars read: “The United States of America will pay to the bearer on demand five dollars.”

   How can a promise to pay five dollars be five dollars?

   To the left of the President’s picture and above the bank seal, it said: “This note is legal tender for all debts public and private, and is redeemable in lawful money at the United States Treasury or at any Federal Reserve Bank.”

   In 1963, the Federal Reserve began to issue its first series of notes without the promise, while taking notes with the promise out of circulation. How can paper become what it promises by removing the promise?

   To the left of the President’s picture and above the bank seal, it now read: “This note is legal tender for all debts public and private.”

   A note is a proof of debt. It is not possible to pay off a debt with a debt. No debt can be paid in full unless paid in gold or silver, coined and regulated in value by Congress. The name “Federal Reserve Note” is a fraudulent label since each word claims to be something that in reality it is not.

   By removing the promise to redeem the note in lawful money, the Federal Government in cooperation with the Federal Reserve, eliminated the monetary system of the United States as established by the Constitution and replaced it with something totally different.

   If you are holding a one dollar Federal Reserve Note, the question is: “what is one dollar?“

   The answer is absolutely nothing. The number measures no substance.

   The only thing that give paper money value is the confidence people have in it as is stated in chapter 30 of our textbook.

   Federal Reserve Notes are only accepted because people believe they have value.

2. Nalliah Thayabharan Says:
   May 16th, 2014 at 12:47 pm

   Long ago, there was a Medieval Kingdom of Khazaria, 652-1016 AD that included part of modern-day Russia, Ukraine, and a sliver of what is current Kazakhstan. When considering the choice of Islam, Christianity or Judaism the leaders of this ‘empire’ decided to declare themselves Jewish. That was a very odd choice in an area of the world which was predominately Islam and Christian.

   The Khazaria Empire could not extend any further south because the Tatars and Turkmen proved to be about as obstinate as the Afghans have been throughout history.

   The Khazarian ‘Jews’ are NOT descendants of the 12 Tribes of Israel and their world view, and of pious spiritual Judaism have created conflict within that religion ever since.

   To a great extent, these are our current day Zionist Ashkenazi Jews (including Neocons, of course) who have formed a world power banking, extortion cult of war and death that has little or nothing to do with being devout adherents of Judaism. These are the folks who think nothing of breaking the law, lying (Kol Nidre), stealing, graft, corruption, assassination, blackmail, extortion or destroying tens of millions of people to get their way.

   Throughout the past century, these Zionist obeyed only the Talmud, not the laws of the lands they live in. This very behavior and ‘ethics’ appear, in fact, in the Talmud as Rabbinical teaching. Most pious Jews of good heart and conscience who follow the Torah know that such is not the way to achieve civilized, enlightened society.

   This is one of the reasons “Jew haters” have often been unable to differentiate between the truly religious descendants of the 12 Tribes of Israel (the ones the Old Testament of the Bible is about) and these squatters who came from Central Asia and have taken over their religion and turned it into an evil club of power manipulation, greed, money, war, death and destruction.

   Many true Torah Jews are highly offended at the atrocities these Zionist Khazar Talmudic Jews have inflicted on mankind. From the huge massacre of Russian Christians, to the mass starvation holocaust of 30 million Ukrainians, to the creation of Nazism/fascism of World War II, to the mass slaughter of Christian Armenians, and to the current day blood-lust genocide of Iraq.

   The Zionist Khazars have made it abundantly clear that they have nothing but murderous contempt of Christians and Muslims.

   The problem is not ‘the Jews’…the problem is the KHAZAR Jews who are THE power behind Zionist Israel, in the UK and US.

   Just as the Himalaya Mountains are the geologic division between the continent of Asia and the continent of India, the Caucasus Mountains separate Central Asia and Europe. Geologically and geographically speaking, Georgia is NOT part of Europe.

   Georgia was apparently never part of the Khazar empire and was predominately Christian until recent times. Most of current Ukraine used to be part of the Khazaria Empire. Georgia, a predominately Muslim, non-European nation, is developing steadily more under the control of Khazar Zionist US Jews and their Muslim confederates.

   The Georgian people have been experiencing constant provocations aimed at Russia from the Zionist West.

   For example, Georgia is a good place to set up bases to wage covert war and black ops against Russia, which is now geographically sitting on what used to be the Khazaria Empire. That is why there are thousands Israeli and Blackwater mercenaries in Georgia now.

   The deep-seated hatred of Russia by these Khazars goes back over 1,000 years ago, when Russia crushed their empire and many of them fled to Europe into the areas now called Poland, Romania, Hungary, and Ukraine. Those who remained were under Russian rule for a while but even that changed in about 100 years time.

   During the 10th century, the East Slavs were united under Scandinavian overlordship. A new nation, Kievan Rus, was formed by Prince Oleg. Just as the Khazars had left their mark on other people, so too did they influence the Rus. The Rus and the Hungarians both adopted the dual-kingship system of the Khazars. The Rus princes even borrowed the title kagan.

   Archaeologists recovered a variety of Khazar or Khazar-style objects (including clothing and pottery) from Viking gravesites in Chernigov, Gnezdovo, Kiev, and even Birka (Sweden). The residents of Kievan Rus patterned their legal procedures after the Khazars. In addition, some Khazar words became part of the old East Slavic language: for example, bogatyr (“brave knight”) apparently derives from the Khazar word baghatur.

   The Rus inherited most of the former Khazar lands in the late 10th century and early 11th century. One of the most devastating defeats came in 965, when Rus Prince Svyatoslav conquered the Khazar fortress of Sarkel. It is believed that he conquered Itil two years later, after which he campaigned in the Balkans. Despite the loss of their nation, the Khazar people did not disappear. Some of them migrated westward into Hungary, Romania, and Poland, mixing with other Jewish communities.

   Both the Russians and remaining Khazars had to flee for their lives when the Mongol hordes took over most of Asia under the leadership of Genghis Khan, 1161-1227. Many of these Khazar Jews had no choice but to flee to the Russian north-east regions.

   These were the “Jews” that came into power in 1917 with the Bolshevik Revolution. Lenin needed their help to topple Tsar Nicholas, the last remnant of the Romanov dynasty. They helped overthrow Tsar Nicholas because he was not friendly to the Khazar Jews. These were the Zionist Jews who murdered 40 million Russians who refused to give up their land or bow down to Bolshevik-Khazarian-Zionism.

   In January of 1916, Leon Trotsky was expelled from France and came to USA. His expenses were paid by Jacob Schiff who was head of the New York investment firm Kuhn, Loeb and Company, and had raised the capital for large war loans to Japan. It was due to this funding that the Japanese were able to launch a stunning attack against the Russians at Port Arthur and the following year to virtually decimate the Russian fleet.

   Mind you that Jacob Schiff was a Khazar Jew and that Khazarian Jews had been persecuted under the Tsarist regime.

   According to Leon Trotsky who visited the USA on many occasions, he enjoyed a chauffeured limousine placed at his service. In his book “My Life”, Leon Trotsky wrote:

   ” ..the chauffeur was a magician, a titan, a superman! With the wave of his hand he made the machine obey his slightest command. To sit beside him was the supreme delight. When they went into a tea room, the boys would anxiously demand of their mother, “Why doesn’t the chauffeur come in?” (Leon Trotsky: My Life, 1930, p. 277)

   When Trotsky returned to Petrograd in May of 1917 to organize the Bolshevik phase of the Russian Revolution, he carried $10,000 for travel expenses, a generously fund considering the value of the dollar at that time. Trotsky was arrested by Canadian and British naval personnel, when the ship, on which he was traveling, the S.S. Kristianiafjord, put in at Halifax.

   The money in Trotsky possession is now a matter of official record. The source of that money has been the focus of much speculation, but the evidence strongly suggests that its origin was the German government.

   Trotsky was not arrested on a whim. He was recognized as a threat to the best interests of England: Canada was still within the British Commonwealth. Tsarist regime was an ally of England in the First World War. What would weaken Russia – internal revolution – would strengthen Germany and weaken England.

   In New York on the night before his departure, Trotsky had given a speech, in which he said:

   “I am going back to Russia to overthrow the provisional government and stop the war with Germany.” Trotsky therefore represented a real threat to England’s war effort. He was arrested as a German agent and taken as a prisoner of war.

   Telegrams immediately telegrams began to come into Halifax from such divergent sources, as an obscure attorney in New York City, from the Canadian Deputy Postmaster-General and even from a high-ranking British military officer, all inquiring into Trotsky’s situation and urging his immediate release.

   The head of the British Secret Service in USA was Sir William Wiseman. He occupied the apartment directly above the apartment of Edward Mandell House and who had become fast friends with Mandell. Edward Mandell House advised Sir William Wiseman that US President Woodrow Wilson wished to have Trotsky released. Wiseman advised his British government. And the British Admiralty issued orders on April 21st to release Trotsky.

   Trotsky could not have gone even as far as Halifax without having been granted an American passport and this was accomplished by the personal intervention of US President Woodrow Wilson.

   Although Jews have never made up more than 5% of the population of Russia, they played a highly disproportionate and decisive role in the Bolshevik regime, effectively dominating the Soviet government during its early years.

   With the exception of Lenin (Vladimir Ulyanov), most of the leading Communists who took control of Russia in (1917-20) were Jews. Leon Trotsky (Lev Bronstein) headed the Red Army and was chief of Soviet foreign affairs. Yakov Sverdlov (Solomon) was both the Bolshevik party’s executive secretary and – as chairman of the Central Executive Committee- head of the Soviet government. Grigori Zinoviev (Radomyslsky) headed the Communist International (Comintern), the central agency for spreading revolution in foreign countries. Other prominent Jews included press commissar Karl Radek (Sobelsohn), foreign affairs commissar Maxim Litvinov (Wallach), Lev Kamenev (Rosenfeld) and Moisei Uritsky

   Lenin himself was of mostly Russian and Kalmuck ancestry, but he was also one-quarter Jewish. His maternal grandfather, Israel (Alexander) Blank, was a Ukrainian Jew.

   In the Communist seizure of power in Russia, the Jewish role was very critical.

3. Nalliah Thayabharan Says:
   May 16th, 2014 at 12:49 pm

   Wall Street is a confidence trick, a dazzling edifice built on paper promises, gambling, bets and rampant speculations. Wall Street doesn’t manufacture or produce anything. Attractive Wall Street is built on paper.

   Wall Street speculation caused a 70% increase in the price of wheat from June to December 2010 and severed food crisis in more than 35 countries. It does not seem that there was a significant change in the global food supply or in food demand. The total value of Wall Street speculative financial derivatives reached more than $600 trillion – about 10 times global GDP.

   Wall Street’s speculative derivatives are virtually untaxed and banks often avoid paying tax on profits from selling derivatives. Every consumer is paying more for commodities including food and fuel due to the excessive speculation by Wall Street.

   Modern day bank robbers are at Wall Street and they wear grey suits and no masks. Rampant speculators, propagandists and financiers of Wall Street are all given some unfair advantage over the average consumers and taxpayers and the cumulative effect of the people watching selfishness prevail over the public interest has been an undermining of the public’s trust in the present US government.

   There’s no question that Wall Street is rigged against the average consumers and taxpayers. Wall Street has a lot more information. Wall Street jerry-rigged the system so that Wall Street always win. If Wall Street loses trillions, the US Treasury will bail the Wall Street out so it can go back and do it again.

   About 50 trillion dollars in global wealth was erased between September 2007 and March 2009, including 7 trillion dollars in the US stock market, 6 trillion dollars in the US housing market, 8 trillion dollars in the US retirement and household wealth, 2 trillion dollars in the US individual retirement accounts, 2 trillion dollars in the US traditional defined benefit plans and 3 trillion dollars in the US non-union pension assets.

   Greed, arrogance and incompetence created a massive meltdown, cost trillions, and still Wall Street comes out richer and more powerful.

   There are trillions dollars of new money taken again from Americans to make deals and hand out outrageous bonuses. And when these trillions run out, Wall Street will come back for more until the dollar becomes junk. The value of the US dollar declined very significantly during the last 70 years. The value of the US dollar in 1940 was worth 2,000% more than the value of the US dollar now.

   The USA emerged from the World War II as the richest and most industrialized country in the world, with 50% of world’s manufacturing facilities. But today the USA is basically approaching bankruptcy. Many big US manufacturers are outsourcing to Mexico and China to increase their profits, adding more unemployment in the USA.

   Manufacturing jobs in the USA declined 37% between 1998 and 2010. Since manufacturing industries has declined in the USA, the US competitiveness in the global marketplace has also declined.

   Robust financial markets don’t imperil capitalism. In the early 1980′s, Wall Street began to escape reasonable important regulations of the marketplace. The US government gradually adopted a “too big to fail” policy for the Wall Street, saving lenders with failing businesses from losses.

   The demise of Glass Steagall act helped spawn the credit crisis by allowing the Wall Street to create financial instruments that allowed them to escape reasonable limits, including constraints on speculative borrowing and requirements for the disclosure of important facts. The extremely lucrative hedge funds and other risk management derivatives including credit default swaps don’t fund or invest in successful growing businesses. The credit default swap market was the single biggest cause of the crash 4 years ago.

   Wall Street’s suicidal “liberal capitalism” built on rampant speculation eventually posed an untenable risk to the US economy—a risk that culminated in the trillions of dollars’ worth of the US government bailouts and guarantees that the US government scrambled starting in late 2008.

   But in 2008, the US government was compelled to replace private risk takers at the Wall Street with government capital so that money and credit flows wouldn’t stop, precipitating a depression. As a result, Wall Street became impervious to the vital market discipline that the threat of loss provides.

   Wall Street lenders of the financial markets continue to understand that the US government would protect them in the future if necessary. This implicit guarantee by the US government harms capitalism and economic growth.

   The top 6 US banks had assets of less than one fifth of US GDP in 1995. Now they have two third of US GDP. The financial crisis was created by the Rothschild owned biggest US banks to consolidate power. The big banks became stronger as a result of the bailout by the US Treasury. The big banks are turning that increased economic clout into more political power. Wall Street has undue influence on the US government policies and this situation reflects a failure of democratic representation for the other 99% Americans.

   Oligarchy is the political power based on economic power. And it’s the rise of Wall Street in economic terms, that it’d turn into political power. Wall Street will then continue to feed that back into more deregulation, more opportunities to go out and take reckless risks and capture trillions of dollars.

   Wall Street only has the lobbyists. Today more than 42,000 Wall Street lobbyists manipulate USA’s 537 elected officials with huge campaign contributions that fund candidates who support their agenda. It no longer matters who’s the President of USA.

   The political and economical leadership of the US has chosen to cartel profits and transformed the US economy to serve the colluding and unlawful oligarchy. The political and economical leadership of the US is bailing out failed paradigms with trillions of dollars while committing social injustice to its people. The political and economical leadership of the US including the US Congress have now become Wall Street’s “Trojan Horses”.

   The US banks are borrowing money at near zero interest from the US government, then lending it back to the US government at even mere fractions higher interest than they are paying. The net interest margin made by the US banks by lending the money back to the US federal government in the first 6 months of 2011 is 210 billion dollars.

   George W Bush and Barrack Obama have doubled the US debt, and the American people reaped no benefits from it. The US military is out of Iraq.There is no victory in Afghanistan, and after a decade of protracted war, the US military does not control Afghanistan. Huge sums of US taxpayers’ money have flowed into the US armaments industries and great power invested into Homeland Security. The American empire works by stripping its citizens of wealth and liberty.

   The organizers and profiteers of war and death – the past four generations of Bush family – Samuel P Bush, Prescott S Bush, George H W Bush and George W Bush along with a group of international investment bankers and corporate executives, have been instrumental in creating and profiting from extremely costly and destructive wars. Four generations of Bush family have reaped tremendous profits from the wars they orchestrated. The war profiteers of Wall Street are now pushing the US towards a nuclear war with Iran.

   On 2012 New Year’s Eve, with almost no mainstream media attention given to it, President Barack Obama signed the National Defense Authorization Act of 2012, or NDAA, into law codifying indefinite military detention without charge or trial into law for the first time in American history. The NDAA’s dangerous detention provisions would authorize the president — and all future presidents — to order the military to pick up and indefinitely imprison people captured anywhere in the world, far from any battlefield.

   Obama’s administration, and all future administrations can now use the military to detain individuals, including political dissidents – even American citizens on US soil – without trial or formal charges. Without court involvement or a jury deciding you are actually guilty. And “detain” is really a euphemism for IMPRISON, of course, in a semi-secret military black site, without access to an attorney, potentially for life.

   Obama also signed into law what could trample American’s First Amendment rights to peaceful assembly and freedom of speech. The Federal Restricted Buildings and Grounds Improvement Act of 2011, or Trespass Bill, signed into law by Barack Obama on March 9, 2012, “potentially makes peaceable protest anywhere in the US a federal felony punishable by up to 10 years in prison.”

   More specifically, peaceful protest within proximity to those protected by the Secret Service, including presidential candidates and the President, may be a federal felony now.

   Worse, a former high-ranking NSA official, who spent more than three decades within the spy agency, just recently came out in a nationally televised interview and asserted that more than 20 trillion of American citizens’ communications have been intercepted – mostly without a warrant or judicial review of any kind.

   The NSA is now building a $2 billion data centre in Utah to crunch all of this data. In other words, $2 billion of American taxpayer dollars are going toward spying on American citizens within the US without warrant or court approval. This is not only an outlandish waste of money, it’s illegal.

   Also reporters at USA Today are now claiming that Pentagon-sponsored “propaganda contractors” have initiated a widespread character assassination and reputation destroying campaign against them.

   Due to the oligarchs’ rapacious looting and their purchase of a politically protected luxurious lifestyle, the people of the US are on the road to permanent serfdom under a police state. Tens of millions in the US live desperate slave-like existences and they hold little hope for a better life.

   The democracy was not given to the people of the US on a platter. It is not theirs for all time, irrespective of their efforts. Either people of the US organize and they find political leadership to take this on or they are going to be in deep trouble.

   The failures of governance to address the current critical issues have already produced catastrophic consequences. Now we are experiencing a major global paradigm shift and it is still unfolding. Thirty-two US States including California, Illinois, Nevada, Arizona, Florida, New Jersey and Michigan are on the brink of insolvency as their tattered and fading economy is now direr than ever. Inevitably in very near future the US government will order police or military to martial law which may lead to a second American revolution.

   In 1792, the US Congress adopted legislation titled “An act establishing a mint, and regulating the Coins of the United States”. Section 9 of that act authorized the production of the dollar coin and each to contain 416 grains of standard silver.

   In July 1944 an agreement was reached at the United Nations Monetary and Financial Conference which pegged the value of gold at US$35 per troy ounce and the whole world looked on US$ as the gold standard in purchases.

   But in 1971, the US President Nixon took the US$ off the gold standard after his administration realized that the privately owned Federal Reserve no longer had enough gold to buy back every dollar that foreign governments were handing in.

   In 1973, the US President Nixon asked King Faisal of Saudi Arabia to accept only the US$ in payment for oil, and to buy US Treasury bonds, notes and bills with their excess profits, so that USA can continue spending money and not pay it back. In return, the USA pledged to protect Saudi Arabian oil fields from seizure by USSR and other nations including Iraq and Iran….

   Most countries around the world are forced to control trade deficits or face currency collapse, but not the USA. This is because of the US$’s reserve currency role and the underpinning of the reserve role is the petrodollar. Every nation needs to get US$ to import oil, some more than others. This means their trade targets US$ countries.

   The vast majority of the oil is traded on the New York Mercantile Exchange and the London International Petroleum Exchange and both oil exchanges are owned by the US corporations and transact oil trades in only in US$.

   The entire global trade structure today works around this dynamic, from Russia to China, from Brazil to South Korea and Japan. Every country aims to maximize US$ surpluses from their export trade. Currently over 13,000 billion of newly printed US$ is flooding into international commodity markets each year.

   The reality is that the value of the US$ is determined by the fact that oil is sold in US$. If the denomination changes to another currency, such as the euro, many countries would sell US$ and cause the banks to shift their reserves, as they would no longer need US$ to buy oil. This would thus weaken the US$ relative to the euro.

   In February 2011, Dominique Strauss-Kahn, managing director of the International Monetary Fund (IMF), has called for a new world currency that would challenge the dominance of the US$ and protect against future financial instability. In May 2011 a 32-year-old maid, Nafissatou Diallo, working at the Sofitel New York Hotel, alleged that Strauss-Kahn had sexually assaulted her after she entered his suite. Strauss-Kahn quit IMF on May 18, 2011.

   If any country attempt to eliminate the Petrodollar system and dump surplus US$ into the international and US financial markets to cause the quick collapse of the US$ may be attacked with HAARP (see note 2) to destabilize its economy and currency and to prevent a move away from the US$ and the petrodollar system.

   War is used as a continuous foreign policy with the USA in present egregious and unlawful abuse of their superpower status.

   The US manufacturers who can’t compete with low-priced Chinese goods must either lower their costs or go bankrupt. To lower their costs, many US manufacturers are outsourcing to India and China, adding more unemployment in the USA. Manufacturing jobs in the USA declined 35% between 1998 and 2010. Since manufacturing industries declined in the USA, the US competitiveness in the global marketplace also declined.

   The US economy is in a deep hole and US shouldn’t dig any more. Reckless money printing by privately owned Federal Reserve – known as “Quantitative Easing” (see note 3) and economical stimulus packages introduced in the aftermath of the Credit Crunch, has made very little impact on the growth of the US economy.

   Current US economic growth is not adequate enough to create jobs and to get an economy back on track. The USA is living beyond its means and cannot cut expenditures or increase taxes to narrow the deficit. Now the banks are under enormous pressure to lend more money but reckless lending by banks got the US into this mess in the first place.

   The credit crunch initiated in 2007 in the subprime mortgage market in the US had devastating spill-over effects for China’s exports. The scarcity of US$, due to the repatriation and leveraging flows into the US financial system caused a sudden plunge in the external demand for goods manufactured by China and triggered the consequent lay-off of several millions of workers in China. This experience encouraged China to use its own currency in trade.

   The US may have averted a debt default by compromising on how to cut the US budget deficit, but underlying problems remain and those economic woes are driving a global search for an alternative reserve currency. The USA now needs a net inflow of several billions US$ a day to cover its deficit.

   The US President Barack Obama launched his primary anti-foreclosure plan, the Home Affordable Modification Program (HAMP) in 2009 to encourage the US banks to rewrite mortgages of about 4 million homeowners at risk of losing their homes. But the fight against foreclosures continues to muddle and underwhelm. Only 300,000 homeowners received a mortgage modification in the first six months of 2011, while 600,000 houses fell into foreclosure.

   The political and economical leadership of the US has chosen to cartel profits and transformed the US economy to serve the colluding and unlawful oligarchy. The US banks are borrowing money at near zero interest from the US government, then lending it to the US government at even mere fractions higher interest than they are paying. The net interest margin made by the US banks by lending the money back to the US government in the first 6 months of 2011 is $211 billion.

   The financial crisis was created by the Zionists owned biggest US banks to consolidate power. The top 6 US banks had assets of less than one fifth of US GDP in 1995. Now they have two third of US GDP. The Zionists owned big banks became stronger as a result of the bailout. They’re turning that increased economic clout into more political power.

   Due to oligarchs’ rapacious looting and their purchase of a politically protected luxurious lifestyle, the US citizens are on the road to permanent serfdom under a police state. The financial situation of states including California, Illinois, Nevada, Arizona, Florida, New Jersey and Michigan is now more dire than ever. Inevitably in very near future the US government will have to order police or military to martial law which may lead to a second American revolution.

   The economic problems in Greece, Spain, Portugal and Italy are very precarious. The bailout phenomenon is not working in Greece which is on the brink of defaulting on its debt. It is impossible for the EU to bailout Italy which is the third largest economy in Europe. Klaus Regling, the head of the European rescue fund, recently said: “the EU could issue bonds in Chinese renminbi(yuan) and not in euro”.

   India, 4th largest GDP and populous democracy in the world has joined with China and Russia questioning US$ as reserve currency. India’s famed white marble monument to love “Taj Mahal” had charged US$15 or 750 Indian rupees as entry fee for each tourist, has been not accepting US$ anymore.

   Brazil, Russia, India and China (BRIC) are buying each other’s bonds and swapping currencies to lessen dependence on the US$. These four countries are among the biggest holders of US Treasuries and have combined reserves of almost 3,000 billion US$.

   The value of the US$ declined significantly during the last 70 years. The value of the US$ in 1940 was worth 17 times more than the value of the US$ now. The day OPEC stops pricing oil in fiat dollars, is the day the USA will collapse completely. The reason the fiat dollar game has gone on as long as it has the US$ as the global reserve currency.

   In 2011 Russia began selling its oil to China in rubles. The US debt crisis adds new urgency to the China’s efforts to promote its currency renminbi as an alternative reserve currency. China has already signed bilateral currency swap agreements with several countries ranging from Indonesia to Belarus and Argentina to promote its currency renminbi as a means of settlement in international trade.

   China’s growing trade and financial links with the rest of the world will make the renminbi more acceptable. To compound matters further Japan and the China have decided to trade in their respective currencies giving a smack to the not so almighty US$.

   Now we are experiencing a major global paradigm shift and it is still unfolding. If countries continue to lose their willingness to hold the US$ the impact to the US$ and the collapse of the US$ could be very dramatic.

   US Declaration of Independence, July 4, 1776, states:

   “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. That to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed.

   That whenever any form of government becomes destructive to these ends, it is the right of the people to alter or to abolish it, and to institute new government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness.

   Prudence, indeed, will dictate that governments long-established should not be changed for light and transient causes; and accordingly all experience hath shown that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed.

   But when a long train of abuses and usurpation of rights, pursuing invariably the same object evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security.

   Such has been the patient sufferance of these colonies; and such is now the necessity which constrains them to alter their former systems of government…”

   Napoleon Bonaparte said in 1815: “Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” 


   “There is no calamity greater than lavish desires, no greater guilt than discontent and no greater disaster than greed” Laozi

   “Greedy desire is endless and therefore can never be satisfied” Buddha

4. Nalliah Thayabharan Says:
   May 16th, 2014 at 12:50 pm

   The US political and intellectual classes are engaged in the answering the critical question “Has the US Empire started its declining trend or is it just a mere temporary economic malaise?” Is the decline reminiscing of the British mechanism of declining power?

   The politicians and scholars who depend on the Administration favors and benefits would like to strongly disagree. They claim that when the Soviet put in orbit in 1957 its first satellite, the same prophesies of US decline was raised. When Japan acceded to the second rank economic power in the 80′s, the same brouhaha spread in the country. When China exhibited its economical and manufacturing might, the same prophesies gained wings…

   The politicians and scholars who depend on the Administration favors would like us to recall that 17 out of the best 20 universities are in the US, and that the US is still attracting the best minds around the world…

   Fact is, everytime the US engaged in preemptive military wars, it left big chunks of feathers behind. The American Eagle is as bald in the head and in the rest of its body…

   The only power that the US has and is ready for everything to maintain is the dominance of the US dollars in commercial transactions, particularly in oil import and export…

   The US has demonstrated its weakness by deploying military force at every small oil exporting/importing country that defies the strategy of dealing solely with US currency. The US is so aware of its declining supremacy that it is vehemently getting recourse to military might to reminding the world community that the power of the dollar is based on the military supremacy of the US…

   Nalliah Thayabharan wrote in response to my post https://adonis49.wordpress.com/2012/05/18/finally-mighty-market-finance-and-liberal-capitalism-have-human-faces-to-confront/

   “In 1973, the US President Nixon asked King Faisal of Saudi Arabia to accept only the US$ in payment for oil, and to buy US Treasury bonds, notes and bills with their excess profits. America continued spending money and not pay back its loans…

   In return, the USA pledged to protect Saudi Arabian oil fields from seizure by USSR and other nations including Iraq and Iran. (Nixon is the President who got away with Gold as the standard reference for money exchange rates and evaluations of wealth…)

   The 1973 Arab-Israeli War upset this agreement and caused the Great Oil Embargo of 1974. By 1975, the Great Oil Embargo was over and all members of Organisation of Petroleum Exporting Countries (OPEC) accepted to sell their oil only in US$. Every nation was saving their surpluses in US$ since every country needed US$ to buy oil.

   The OPEC oil sales supported the US$. The petrodollar system was a brilliant political and economic move that created a growing international demand for both the US$ and US debt – all at the expense of OPEC.

   Since only the Rothschild owned US Federal Reserve can print the US$, the US controlled the flow of oil. The US essentially owns the world’s oil for free because oil is denominated in US$ and the US$ is the only currency for trading in oil.

   So long as almost three-quarter of world trade is done in US$, the US$ is the currency that States central banks accumulate as reserves. But central banks, whether China or Japan or Brazil or Russia, do not simply stack US$ in their vaults. Currencies have one advantage over gold. A central bank can use it to buy the state bonds of the issuer, the USA.

   Most countries around the world are forced to control trade deficits or face currency collapse, but not the USA. This is because of the US$’s reserve currency role and the underpinning of the reserve role is the petrodollar. Every nation needs to get US$ to import oil, some more than others. This means their trade targets US$ countries.

   The vast majority of the oil is traded on the New York Mercantile Exchange and the London International Petroleum Exchange and both oil exchanges are owned by the US corporations and transact oil trades in only in US$.

   Because oil is an essential commodity for every nation, the petrodollar system, which exists to the present, demands the buildup of huge trade surpluses in order to accumulate US$ surpluses. This is the case for every country but one — the privately owned US Federal Reserve which controls the US$ and prints it at will or fiat.

   Because today the majority of all international trade is done in US$, countries must go abroad to get the means of payment they cannot themselves issue. The entire global trade structure today works around this dynamic, from Russia to China, from Brazil to South Korea and Japan. Every country aims to maximize US$ surpluses from their export trade. Currently, over 13,000 billion of newly printed US$ is flooding into international commodity markets each year.

   The petrodollar system nearly broke down during the US President Carter’s tenure, mainly due to double-digit inflation. But the US President Reagan removed all controls on oil and fuel prices and all restrictions on oil drilling to restore the stability of the US$. Oil flooded the market, prices fell, and petrodollars became more valuable. These were some of the most prosperous years that the US had,(and the worst years in south America with US initiated and perpetrated civil wars). But the danger remained, because the US continued to spend more US$ than it earned.

   The US President Reagan saw the future of the US depending on the massive international consumption of oil, and encouraged the Saudi Arabia to flood the market. This brought the price of oil down and increased the consumption – a complete reversal of the 1973 oil embargo.

   Increasing oil use boosted international demand for the US$ and the US economy soared, while the low price of oil brought the USSR economy to its knees, as they could not sell oil at a profit due to their high extraction cost. The USSR finally collapsed in 1991.

   Petrodollar system created consistent international demand for US$ and upwards pressure on the US$’s value, regardless of economic conditions in the US. The high US$ allowed the US to buy imported goods at a massive discount, a kind of subsidy for the US consumers at the expense of the rest of the world. The high consumption of imports, however, hit the US manufacturing very hard. The overvalued US$ was a major component of the bubble economy of the late 1990′s.

   The reality is that the value of the US$ is determined by the fact that oil is sold in US$. If the denomination changes to another currency, such as the euro, many countries would sell US$ and cause the banks to shift their reserves, as they would no longer need US$ to buy oil. This would thus weaken the US$ relative to the euro.

   The USA propagates war to protect its oil supplies, but even more importantly, to safeguard the strength of the US$. The fundamental underlying motive of the US in the Iraq war, even more than the control of the oil itself, is an attempt to preserve the US$ as the leading oil trading currency.

   The fear of the consequences of a weaker US$, particularly higher oil prices is seen as underlying and explaining many aspects of the US foreign policy, including the Iraq and Libyan War.

   The evidence so far definitively proves upon examination from the disclosed evidence of US government that all claims for current US wars were known to be lies as they were told to the public and not mistaken intelligence.

   Until November 2002, no OPEC country dared violate the US$ price rule. So long as the US$ was the strongest currency, there was little reason to as well. But November 2002 was when France and other EU members finally convinced Iraq’s Saddam Hussein to defy the USA by selling Iraq’s oil-for-food, (not in US$, but only in Euros, the new currency of the European Union).

   (Maybe the EU hastily tried to give credibility to the Euro on a worldwide scale, before it is well established in the internal European market. The fact is that the US got scared and quickly changed its policy from securing Afghanistan and into invading Iraq)

   A few months before the US moved into Iraq to take down Saddam Hussein, Iraq had made the move to accept Euros instead of US$ for oil, and this became a threat to the global dominance of the US$ as the reserve currency, and its dominion as the petrodollar. The euros were on deposit in a special UN account of a French bank, BNP Paribas.

   If this Iraq move to defy the US$ in favor of the euro were to spread, especially at a point the US$ was already weakening, it could create a panic selloff of US$ by foreign central banks and OPEC oil producers. In the months before the latest Iraq war, hints in this direction were heard from Russia, Iran, Indonesia and even Venezuela.

   In April 2002, at the invitation of the EU, in Oviedo Spain, Iranian OPEC representative Javad Yarjani delivered a detailed analysis of how OPEC at some future point might sell its oil to the EU for euros not US$.

   All indications are that the Iraq war was seized on as the easiest way to deliver a deadly pre-emptive warning to OPEC and others, not to flirt with abandoning the petrodollar system in favor of one based on the euro. The Iraq move was a declaration of war against the US$.

   As soon as it was clear that the UK and the US had taken down Saddam Hussein’s regime, a great sigh of relief was heard in the Rothschild owned UK Banking cartels.

   After considerable delay, Iran opened an oil bourse which does not accept US$. Many fear that the move will give added reason for the USA to overthrow the Iranian regime as a means to close the bourse and revert Iran’s oil transaction currency to US$. In 2006, Venezuela indicated support of Iran’s decision to offer global oil trade in euro.

   Former Libyan leader Muammar Qaddafi made a similar bold move by initiating a movement to refuse the US$ and the euro, and called on Arab and African nations to use a new currency instead, the gold dinar. Muammar Qaddafi suggested establishing a united African Union, with its 200 million people using this single currency. The initiative was viewed negatively by the USA and the EU. Even French president Nicolas Sarkozy called Libya a threat to the financial security of mankind. But Muammar Qaddafi continued his push for the creation of a united Africa.

   A gold dinar for Africa revived the notion of an Islamic gold dinar floated in 2003 by Malaysian Prime Minister Mahathir Mohamad, as well as by some Islamist movements. The notion, which contravenes IMF rules and is designed to bypass them, had trouble getting started. But today Iran, China, Russia, and India are stocking more and more gold rather than US$.

   If Muammar Qaddafi were to succeed in creating an African Union backed by Libya’s currency and gold reserves, France, still the predominant economic power in most of its former Central African colonies, would be the chief loser. The plans to spark the Libya’s Benghazi rebellion were initiated by French intelligence services in November 2010.

5. Mr. Bernard Wijeyasingha Says:
   May 17th, 2014 at 4:15 pm

   Two issues; Margaret Sanger (a progressive Democrat) who founded the birth control league of America and a first American female to strongly support abortion was also associated with the Klu klux Klan or the KKK: To quote from an article titled “Margaret Sanger, Planned Parenthood and Racism”

   “-She was involved in the “Negro Project” which was organized to help provide birth control to African-American women.. During the debate within the Birth Control Federation of America (which was sponsoring the project) Sanger argued very strongly that there should be African-American leadership in the Project. A single Sanger quote relating to this debate seems to be the basis for almost all the discussion on the internet of Sanger being racist: “we do not want word to go out that we want to exterminate the Negro population and the minister is the man who can straighten out that idea if it ever occurs to any of their more rebellious members.”

   She also stated as reported in an article titled “The truth about Margaret Sanger”

   She also stated: “Negroes and Southern Europeans are mentally inferior to native born Americans”
   “More children from the fit, less from the unfit.”

   “…apply a stern and rigid policy of sterilization and segregation to that grade of population whose progeny is already tainted, or whose inheritance is such that objectionable traits may be transmitted to offspring.”

   “Colored people are like human weeds and are to be exterminated.”

   “We do not want the word to go out that we want to exterminate the Negro population, and the minister is the man who can straighten that idea out if it ever occurs to any of their more rebellious members.”

   “I accepted an invitation to talk to the women’s branch of the Ku Klux Klan…I saw through the door dim figures parading with banners and illuminated crosses…I was escorted to the platform, was introduced, and began to speak…In the end, through simple illustrations I believed I had accomplished my purpose. A dozen invitations to speak to similar groups were proffered.”

   “In July 1912, Planned Parenthood founder Margaret Sanger, Marie Stopes and other leaders in the early race-cleansing eugenics movement held their first international conference in London.” In my (Bernard) opinion after reading what I copied and pasted Margaret Sanger, Marie Stopes and others led to the death camps of Nazi Germany.

   Melinda Gates wife of Bill Gates in an article titled “From Margaret Sanger to Melinda Gates” I quote:

   Among the leading topics of discussion were how to stop poor and “unfit” African women from breeding.Exactly 100 years later, the Bill and Melinda Gates Foundation and the British Government sponsored the Summit on Family Planning in the same city. This is most likely a coincidence, but the irony is stunning. The objective of the Summit on Family Planning was to raise enough money to “provide 120 million women in the world’s poorest countries with access to contraceptives by 2020,”

   It has also been mentioned that the liberal left movement want to reduce the world population by Billions through disease, starvation and abortion.

6. Nalliah Thayabharan Says:
   May 17th, 2014 at 8:16 pm

   Wall Street speculation caused a 70% increase in the price of wheat from June to December 2010 and severed food crisis in more than 35 countries. However, there was no significant change in the global food supply or in food demand. The total value of Wall Street speculative financial derivatives reached more than $600 trillion – about 10 times global GDP. Wall street’s speculative derivatives are virtually untaxed and banks often avoid paying tax on profits from selling derivatives. Every consumer is paying more for commodities including food and fuel due to the excessive speculation by Wall Street.

7. sena Says:
   May 18th, 2014 at 4:16 am

   Any comments on local drug manipulators, who newspaper reports say keep a 1 to ten profit margin and government pricing and marketing policies that keep farmers in perpetual poverty while helping middlepersons (most of them politically connected) to amass filthy profits

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