War on Jesus

thought-provoking and powerful documentary film on the current and historical root causes of the Israeli-Palestinian conflict. Unlike any other film ever produced on the conflict — 'Occupation 101' presents a comprehensive analysis of the facts and hidden truths surrounding the never ending controversy and dispels many of its long-perceived myths and misconceptions

Archive for the tag “Simon black”

Have you hit your breaking point yet?

It just never stops.

Here on the European continent, the bureaucrats who run the EU have recently proven to the world how much a ‘government guarantee’ is really worth.

We’ve been discussing in this column lately how the modern banking system is a total fraud– that dictatorial control of 70% of the world’s money supply has been awarded to just four central bankers.

And that the vast majority of banks, especially in the western world, are laughably illiquid… and very thinly capitalized.

But most people never really worry too much about their banks. We’re told, pratically since birth, that banks are safe, responsible, conservative financial stewards. This belief is universally held as truth across society.

And to cap it all off, we’re told that the government will step up to backstop any bank losses and ensure depositors don’t lose a single penny.

The numbers obviously tell a very different story. In the US, for example, many banks hold less than 3% of their customer deposits in cash, and they have to use clever accounting tricks and off-balance sheet vehicles to mask the true health of their balance sheets.

And the FDIC, which is supposed to bail out US depositors in the event of a crisis, has a mere 1.35% of total US deposits in cash. This isn’t safe. This isn’t conservative. It doesn’t even register as a drop in the bucket.

In Europe, though, they’ve just decided that they’re -not really- going to insure deposits at full value after all (see the article in its original German here–

http://deutsche-wirtschafts-nachrichten.de/2013/08/07/neue-eu-regel-sparer-muessen-um-guthaben-unter-100-000-euro-bangen/)

Now, if a bank goes under, governments will make very, very basic payments to depositors, and restrict withdrawals to just 100-200 euros per day.

There’s a term for this. It’s called capital controls. And it’s something that almost every bankrupt government in history has resorted to using.

Capital controls are essentially a restriction on the free-flow of capital. It can take a number of different forms– gold criminalization, bank account confiscation, foreign exchange restrictions, etc.

But at the end of the day, the effect is the same– capital controls are just another way of transferring wealth from citizens to the government, like dairy cows to a farmer.

Meanwhile, across the water, I am sad to report that a number of secure email platforms like Lavabit and Silent Circle, have now folded under intense pressure from the United States government.

Lavabit was an email service used by Edward Snowden. From the very cryptic message that CEO Ladar Levison left on his website, it appears that he has been approached by the NSA to turn over email records.

Rather than work with the NSA, Levison has shuttered his operations.

And to boot, Silent Circle CEO Mike Janke announced that his organization was pre-emptively discontinuing its email platform ‘Silent Mail’.

Janke says he sees the writing on the wall and knows “USG [US government] would come after us.”

It’s incredible that two businesses essentially have to commit suicide in order to keep from violating their promises to their customers.

Just another week in the free world. Have you hit your breaking point yet?

Source: repost from Simon Black, sovereign Man

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“Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use”

Today is the Memorial Day holiday in the Land of the Free

Today is the Memorial Day holiday in the Land of the Free.

Curiously, this is the day that the federal government sets aside for citizens to reflect on the sacrifices made by soldiers throughout history to ‘preserve our freedoms.’

At least, that’s what we’re told.

We’re programmed to sing the anthem, wave the flag, and cheer at the parade. We swell with pride at the high note, wear the ribbons, and solemnly nod our heads in approval when politicians make speeches about freedom and fallen soldiers.

Wartime Presidents routinely tell crowds that it is the ‘hardest decision of their lives’ to send soldiers into combat, but that it’s necessary to to preserve peace, freedom, security, and democracy.

Yet with each conflict, we are less peaceful. Less secure. Less ‘democratic’. And certainly less free.

And with very few exceptions, the true motives for war throughout history have almost always been about resources (oil), power, corporate interests, and imperialistic expansion… all started by politicians who send young people into harm’s way from their air-conditioned Ivory Towers.

It’s truly ironic that we have a holiday to remember this.

Coincidentally, today is also the anniversary of the day I graduated from West Point years ago. And having spent some time myself on that side of the world, I’m thinking today of the friends and classmates I knew who lost their lives needlessly in Iraq and Afghanistan.

When I was in the service, I remember being constantly told by senior officers that our actions were making the world safer.

I realized very quickly that this was completely baloney, and I left the service as soon as I could.

But it’s difficult, even after so many years, to choke down the deceit of a day like today… a day to commemorate millions of people, both military and civilian, who supposedly died in support of something that no longer exists.

Politicians want us to turn out for the parade. They want us to stand in a moment of silence. They want us to rally around the flag. They just don’t want us to think too much about it.

Because if people do… if they start to peel away at the onion, they’ll realize that this purported freedom that so many soldiers fought for is rapidly deteriorating.

Most of all, people will realize that the same politicians who give us this holiday to think about such freedom are the ones responsible for destroying it.

Until tomorrow,

Simon Black
Senior Editor, SovereignMan.com

FAIR USE-
“Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use”

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