We’re in the Eye of a Global Financial Hurricane

Interesting times, this fall of Babylon; in peace

Satu Insan - Malaysia

oftwominds

Charles Hugh Smith

The only “growth” we’re experiencing are the financial cancers of systemic risk and financialization’s soaring wealth/income inequality.

The Keynesian gods have failed, and as a result we’re in the eye of a global financial hurricane.

The Keynesian god of growth has failed.

The Keynesian god of borrowing from the future to fund today’s consumption has failed.

The Keynesian god of monetary stimulus / financialization has failed.

Every major central bank and state worships these Keynesian idols:

1. Growth. (Never mind the cost or what kind of growth–all growth is good, even the financial equivalent of aggressive cancer).

2. Borrowing from the future to fund today’s keg party, worthless college diploma, particle board bookcase, stock buy-back, etc. (oops, I mean “investment”)–a.k.a. deficit spending which is a polite way of saying this unsavory truth: stealing from our children and grandchildren to fund our lifestyles today.

3. Monetary stimulus…

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Washington’s Financial Currency War on China: The Eclipsing of the US Dollar by the Yuan

Tick tock; in peace

Counter Information

Global Research, May 22, 2016
Strategic Culture Foundation 30 August 2015
Chinese-vs.-US-currency

First published by Global Research in August 2015

The Chinese are in the process of displacing the monopoly of the US dollar. They are dropping their US Treasury bonds, stockpiling gold reserves, and opening regional distribution banks for their own national currency. This will give them easier access to capital markets and insulate them from financial manipulation by Washington and Wall Street.

Fearing the eclipsing of the US dollar and the Bretton Woods system by a rival financial architecture the US response has been an attempt to damage the Chinese markets and increase the value of China’s currency. China has responded through regulations in the market and then quantitative easing of its currency to maintain the low prices of Chinese manufactured goods and exports.

Beijing’s quantitative easing is a reaction or response to the financial…

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Secret G-20 Meeting In Ireland this Summer to Manage the Collapse of America

An eye-opener thanks; in peace

sentinelblog

Source: The Common Sense Show, by Dave Hodges

Dr. Walker Todd is heading to Ireland this summer. Ireland is lovely this time of year. Playing golf in one’s sweater could be an enjoyable vacation event. However, Todd is not going to Ireland to play golf. How do we know that Dr. Todd is headed to Ireland? He told Ed Petrowski and this was passed to me by his good friend Paul Martin. More importantly, Todd stated that there is going to be a secret G-20 meeting this summer in Ireland.

Who Is Walker Todd and Why Is This Important?

Dr. Todd stated on the radio on March 12, 2015 that America will be taken down according to the following scenario: (1) A false flag, more than likely a scenario resulting in economic collapse and the destruction of the dollar (2) The implementation of martial law, perhaps involving the use of foreign troops…

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Fed Up with the Fed

Satu Insan - Malaysia

…this of course is not only peculiar to the US, but across the entire world where the central banks are printing useless paper, or fiat money if you prefer.


oftwominds

by Charles Hugh Smith

Destroying our ability to discover the real cost of assets, credit and risk has not just crippled the markets–it’s crippled the entire economy.

Is anyone else fed up with the Federal Reserve? To paraphrase Irving Fisher’s famous quote about the stock market just before it crashed in 1929, we’ve reached a permanently high plateau of Fed mismanagement, Fed worship and Fed failure.

The only legitimate role for a central bank is to provide emergency liquidity in financial panics to creditworthy borrowers. Once the bad debt (credit extended to failed enterprises and uncreditworthy borrowers) is written off, the system resets as asset valuations adjust to reality–how ever unpleasant that might be for the credulous participants who believed…

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Welcome to 1984 – Chris Hedges

Thanks for blogging this one; in peace

sentinelblog

Source: TruthDig.com, by Chris Hedges

Protester Bob Bowes, of Somerville, Mass., displays an American flag featuring corporate logos outside a meeting of U.S. elites in Boston. (Steven Senne / AP)

The artifice of corporate totalitarianism has been exposed. The citizens, disgusted by the lies and manipulation, have turned on the political establishment. But the game is not over. Corporate power has within its arsenal potent forms of control. It will use them. As the pretense of democracy is unmasked, the naked fist of state repression takes its place. America is about—unless we act quickly—to get ugly.

“Our political system is decaying,” said Ralph Nader when I reached him by phone in Washington, D.C. “It’s on the way to gangrene. It’s reaching a critical mass of citizen revolt.”

This moment in American history is what Antonio Gramsci called the “interregnum”—the period when a discredited regime is collapsing but a new…

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The Humungous Depression

The cabal will keep dragging out this depression until we, the people declare a debt jubilee and restore our value as shareholders; in peace

sentinelblog

Source: The Burning Platform blog

We are not in a recession. We are in a depression, and have been since the turn of the century.

Guest Post by Robert Gore at Straight Line Logic

Economic depressions unfold slowly, which obscures their analysis, although they are simple to understand. Governments and central banks turn recessions into depressions, which are preceded by unsustainable expansions of debt untethered from the real economy. The reduction and resolution of excess debt takes time, and governments and central banks usually act counterproductively, retarding necessary adjustments and lengthening the adjustment, and consequently, the depression.

If one dates the beginning of a depression from the beginning of the unsustainable expansion of debt that preceded it, then the current depression began in 1987. Newly installed chairman of the Federal Reserve Alan Greenspan quelled a stock market crash, flooding the financial system with fiat liquidity. It was a well from…

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The Fed Is Desperate To Keep Gold From Exploding Higher

They are merely just highlighting the farce; thank you; in peace

sentinelblog

From Investment Research Dynamics

The Federal Reserve’s “invisible hand” in the markets is no longer “invisible.”  It’s become obvious to most market participants that the Fed is working hard to keep the stock market from collapsing and the price of gold below $1300.  But why?

The price of gold moved up $15 overnight from the time the Asian markets opened until the Comex gold pit opened.  Shortly after the Comex paper gold market trading was underway, an avalanche of paper contracts was dumped onto the Comex – both the electronic trading system and the floor.  This is what it looked like (click to enlarge):

Untitled1

Gold’s path looks like Niagra Falls in the graph above because shortly after the Comex opened this morning because “someone” decided to dump over 55,000 contracts onto the Comex.  55k contracts translates into 5.5 million ounce of theoretical gold.

“Theoretical” because it’s only in theory that…

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Mom Faces Down SWAT Team And MRAP For Refusing To Give Daughter Deadly Antipsychotic Drug

Claude Frédéric Bastiat 1801-1850 was a French classical liberal theorist, political economist and member of the French National Assembly. Bastiat’s most famous work is The Law, originally published as a pamphlet in 1850. It defines a just system of laws and then demonstrates how such law facilitates a free society. He states:
“The state is that great fiction by which everyone tries to live at the expense of everyone else.”
He wrote that everyone has a right to protect “his person, his liberty, and his property”. The State should be only a “substitution of a common force for individual forces” to defend this right. “Justice” (defense of one’s life, liberty, property) has precise limits, but if government power extends further it becomes so limitless that it can grow endlessly. The resulting statism is “based on this triple hypothesis: the total inertness of mankind, the omnipotence of the law, and the infallibility of the legislator.” The public then becomes socially-engineered by the legislator and must bend to the legislators’ will “like the clay to the potter”.

Like others, Bastiat recognized that the greatest single threat to liberty is government. He identifies evil government acts such as legalized plunder: “See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.” With such an accurate description of legalized plunder, we cannot deny the conclusion that most government activities, including ours, are legalized plunder, or for the sake of modernity, legalized theft.

A Supreme Court of the United States ruling 1795, “Inasmuch as every government is an artificial person, an abstraction, and a creature of the mind only, a government can interface only with other artificial persons. The imaginary, having neither actuality nor substance, is foreclosed from creating and attaining parity with the tangible. The legal manifestation of this is that no government, as well as any law, agency, aspect, court, etc. can concern itself with anything other than corporate, artificial persons and the contracts between them.” S.C.R. 1795, (3 U.S. 54; 1 L.Ed. 57; 3 Dall. 54)

Governments are merely pieces of paper created by we, the people for the sole purpose of protecting we, the people’s antecedent rights, their property and to provide them with value-for-value services and NOT to try and rule over its creator, namely we, the people. Time to put everything in context again. In peace.

In Her Words

mom_stands_up_to_SWAT

MAY 17, 2016
By Matt Agorist

Suicide, birth defects, heart problems, hostility, violence, aggression, hallucinations, self-harm, delusional thinking, homicidal ideation, and death are just a few of the side effects caused by psychiatric medication.

There have been 150 studies in seventeen countries on antidepressant-induced side effects. There have been 134 drug regulatory agency warnings from eleven countries and the EU warning about the dangerous side effects of antidepressants.

Despite this deadly laundry list of potential reactions to these medications, the use of antidepressants and antipsychotics has skyrocketed by 400% since 1988.

Currently, 11 percent of all Americans 12 years of age and over take antidepressant medication, this is a higher rate than all other countries in the world.

While the skyrocketing use of psychiatric drugs in adults is certainly worrisome, the exponential increase of use in children is downright scary.

children_antidepressants

The following information is the most accurate and documented…

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More Than Half Of The First Nations Kids On Reserves Live In Poverty

Financial inequality is man-made and artificial; money is the fake debt scam of a global ponzi scheme called predatory capitalism; First Nations people must have autonomy over their budgets, lands, natural resources and societies according to UNDRIP and governments must assist in their autonomy; if Canada can do it, so can USA; however, the indigenous people must demand its implementation before this will happen; in peace

RED POWER MEDIA

Photo: First Nations child caring society Photo: First Nations child caring society

The Canadian Press – May 17, 2016

76% of Manitoba First Nations children on reserve live in poverty: study

Indigenous children in Canada are more than twice as likely to live in poverty than non-aboriginal kids, according to new findings released Tuesday by the Canadian Centre for Policy Alternatives.

The study, which delves into poverty rates on reserves and in the territories as measured by income, documents the dire conditions being experienced by status First Nations children, including 60 per cent of those who live on reserves.

Poverty rates are highest for First Nations kids on reserves in Manitoba at 76 per cent and Saskatchewan at 69 per cent, the study found.

The rates of poverty on-reserve worsened between 2005 and 2010, the researchers found, citing long-standing barriers such as underfunded schools and child welfare services that stand in the way of kids achieving…

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Undeniable Evidence That The Real Economy Is Already In Recession Mode

Time to start growing our own stuff; in peace

sentinelblog

Source: The Economic Collapse Blog, by Michael Snyder

You are about to see a chart that is undeniable evidence that we have already entered a major economic slowdown.  In the “real economy”, stuff is bought and sold and shipped around the country by trucks, railroads and planes.  When more stuff is being bought and sold and shipped around the country, the “real economy” is growing, and when less stuff is being bought and sold and shipped around the country, the “real economy” is shrinking.  I know that might sound really basic, but I want everyone to be on the same page as we proceed in this article.  Just because stock prices are artificially high right now does not mean that the U.S. economy is in good shape.  In fact, there was a stock rally at this exact time of the year in 2008 even though the underlying economic fundamentals…

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GAIA RISING: Chemtrails, ‘Pahana’ and the Fifth Sign of the Hopi Prophecy

Thanks for the great health tips; in peace

RIELPOLITIK

Source – melbrake.wordpress.com

– “…White Feather, Hopi of the Bear Clan says this, “The land shall be criss-crossed by a giant spider’s web.” Could this mean chemtrails”:

(The Fifth Sign of the Prophecy: Chemtrails – By Mel Brake

Much has been written about the American Hopi Prophecy and its meaning. Of the 9 signs to watch for the dawning of a new day when or the White Brother returns and the Fifth World begins anew.

The fifth sign given to us by White Feather, Hopi of the Bear Clan says this, “The land shall be criss-crossed by a giant spider’s web.” Could this mean chemtrails.

hopi prophecy

What are chemtrails?

“The term chemtrail is a combination of the words “chemical” and “trail,” just as contrail is a contraction of “condensation trail.” The term does not refer to other forms of aerial spraying such as agricultural spraying (‘crop dusting’), cloud seeding, skywriting…

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Rothschild Bank Now Under Criminal Investigation Over Missing $4 Billion in Global Corruption Probe

The heat is on the cabal, it seems; in peace

sentinelblog

Source: Activist Post, by Jay Syrmopoulos

Last year the veil of invincibility seemingly came off the secretive Rothschild banking empire, as Baron David de Rothschild and his company the Rothschild Financial Services Group were indicted by French prosecutors for allegedly defrauding British pensioners in a scheme that saw large sums of money embezzled.

Only two months ago, we reported on the Swiss branch of the Edmond de Rothschild Group announcing that they were the target of a French criminal probe “regarding a business relationship managed by a former employee.”

Now, the Luxembourg unit of Rothschild banking empire is being investigated by the Luxembourg state prosecutors office — alleged to have sent hundreds of millions of dollars to an account at a bank in Luxembourg that originated from 1Malaysia Development Berhad (1MDB).

The fund, 1MBD, was established by Malaysian Prime Minister Najib Razak in 2009 as a government investment fund. There…

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Anonymous Takes Down U.S. Federal Reserve Bank

“The issuing power of money should be taken away from the banks and restored to the people to whom it properly belongs.” – Thomas Jefferson

Deus Nexus

Source:The Free Thought Project | by Jay Syrmopoulos

federal-reserve-buildingAfter announcing a global call to arms against the “corrupt global banking cartel,”the hacker collective known as Anonymous, in conjunction with numerous other hacktivist groups, have taken over 20 central banks offline, including striking at the heart of the Western imperialist empire; the U.S. Federal Reserve Bank of Boston, the Bank of England and the Bank of France.

A press release by Anonymous explained in the intentions behind the operation know as #OpIcarus:

“The banks have been getting away with murder, fraud, conspiracy, war profiteering, money laundering for terrorists and drug cartels, have put millions of people out on the street without food or shelter and have successfully bought all our governments to help keep us silenced. We represent the voice of the voiceless. We are uniting to make a stand. The central banks which were attacked in recent days…

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CIA Tip-Off Led to Nelson Mandela’s Arrest, Former Agent Says

With RSA as one of the most mineral rich countries, of course they are still here; in peace

Counter Information

mandela

By Jack Moore

May 16, 2016 “Information Clearing House” – “Newsweek” – A CIA agent gave the tip-off to South African authorities that led to the arrest of Nelson Mandela during the apartheid era, according to a filmmaker’s interview with the agent on his deathbed.

British film director John Irvin’s interview with former CIA agent Donald Rickard about Mandela’s arrest in 1962 is to be used as part of Irvin’s new film, Mandela’s Gun, which is set to be screened at Cannes Film Festival this week.

“He could have incited a war in South Africa, the United States would have to get involved, grudgingly, and things could have gone to hell,” Rickard said, accordingly to The Sunday Times.

“We were teetering on the brink here and it had to be stopped, which meant Mandela had to be stopped. And I put a stop to…

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Review|Why Civil Resistance Works: The Strategic Logic of Nonviolent Conflict

When laws become unjust, disobedience becomes a sacred duty; in peace

Rise Up Times

Chenoweth and Stephan conclude that successful nonviolent resistance ushers in more durable and internally peaceful democracies, which are less likely to regress into civil war.

Erica Chenoweth and
Maria J. Stephan

Colombia University Press

For more than a century, from 1900 to 2006, campaigns of nonviolent resistance were more than twice as effective as their violent counterparts in achieving their stated goals. By attracting impressive support from citizens, whose activism takes the form of protests, boycotts, civil disobedience, and other forms of nonviolent noncooperation, these efforts help separate regimes from their main sources of power and produce remarkable results, even in Iran, Burma, the Philippines, and the Palestinian Territories.

Combining statistical analysis with case studies of specific countries and territories, Erica Chenoweth and Maria J. Stephan detail the factors enabling such campaigns to succeed and, sometimes, causing them to fail. They find that nonviolent resistance presents fewer obstacles to moral…

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DEDUCTIVE vs INDUCTIVE NATURAL LAW

The natural laws are written in our hearts; in peace

THE ROAD TO CONCORD

One of the most common objections to the notion of Natural Law I have encountered is the complaint that, if one cannot see the enforcement or consequences of Natural Law then it must not exist.  To put it another way: people see the consequences of breaking a human law, such as theft.  You get caught, you go to jail.  However, if I violate a supposed Natural Law governing the Social Contract, for example, I do not see any consequence.  Therefore, these people argue, since there is no observable consequence for violating the Natural Law governing the Social Contract, there must not be such a thing as the Social Contract.  On the surface, this may seem a rational objection, but it is deeply flawed, and here’s why.

Natural Law includes the laws of physics.  Jump off a cliff without any means of breaking your fall and you will see a…

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Judge Rules: Administrative Court System Illegal; established with the New Deal were totally unfounded and unconstitutional.

When a defendant does not consent to the jurisdiction of a court there can be no rulemaking; in order not to consent one must issue a declaration of rights and of political character and status; in peace

Scanned Retina - A Resource for the People!

http://www.fromthetrenchesworldreport.com/judge-rules-administrative-court-system-illegal-after-81-years/135024#more-135024

Judge Rules Administrative Court System Illegal After 81 Years

martin armstrongArmstrong Economics – by Martin Armstrong

Well it has been a long time coming, but all along there have been discussions behind closed doors (never in public) that the Administrative Law Courts established with the New Deal were totally unfounded and unconstitutional. With the anniversary of Magna Carta and the right to a jury trial coming up on June 15 after 800 years, the era of Roosevelt’s big government is quietly unraveling.  

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The Destabilizing Consequences of Globalization

It makes sense; thank you

sentinelblog

Source: OfTwoMinds blog, by Charles Hugh-Smith

It is not possible to coherently discuss the “New Normal” economy without discussing financialization–the substitution of credit expansion and speculation for productive investments in the real economy–and its sibling: globalization.
Globalization is the result of the neoliberal push to lower regulatory barriers to trade and credit in overseas markets. The basic idea is that global trade lowers costs and offers more opportunities for capital to earn profits. This expansion of credit in developing markets creates more employment opportunities for people previously bypassed by the global economy.
Though free trade is often touted as intrinsically positive for both buyers and sellers,in reality trade is rarely free, in the sense of equally powerful participants choosing to trade for mutual benefit. Rather, “free trade” is the public relations banner for the globalization of credit and markets that benefit the powerful and wealthy…

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Michael Ratner on American Imperialism

Rise Up Times

[Truthdig] Editor’s note: Michael Ratner, the pioneering civil rights and constitutional lawyer, died Wednesday from cancer complications at age 72. In 2013, Ratner spoke on Truthdig Radio with Truthdig Editor in Chief Robert Scheer and former Truthdig Managing Editor Peter Scheer. To honor Ratner, we are reposting the audio of that interview.

Truthdig Radio  May 12, 2016

From the Archives: Michael Ratner on American Imperialism

Jonathan McIntosh / CC-BY-2.5

Guests, in order of appearance: Robert Scheer, David Stuckey, Michael Ratner, Marcia Dawkins.

 Listen to the show:


Media for the people!  Click here to help Rise Up Times continue to bring you vital analysis of and commentary about current issues you won’t find in the mainstream corporate media.

This week on Truthdig Radio in association with KPFK: Julian Assange’s attorney, Michael Ratner, has a front seat to history. Also: Is this the golden age of the black quarterback? And a…

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