Category Archives: Banks

U.S. banks are not sound, says federal report

Every year since 1977, three powerful agencies — the Federal Reserve Board of Governors, the FDIC (Federal Deposit Insurance Corporation), and the Office of the Comptroller of the Currency — undertake a review of America’s banks, specifically of their large syndicated bank loans — all loans of $20 million or greater that are shared by three or more financial institutions.
The annual review typically starts in March, with the results published around the beginning of the third quarter as the Shared National Credit Review (SNCR).
broken-piggy-bank
According to international investor Simon Black of Sovereign Man, this year’s SNCR was published last week, which says U.S. banks are not sound:

Late last week, a consortium of financial regulators in the United States, including the Federal Reserve and the FDIC, issued an astonishing condemnation of the US banking system.

Most notably, they highlighted “continuing gaps between industry practices and the expectations for safe and sound banking.”

This is part of an annual report they publish called the Shared National Credit (SNC) Review. And in this year’s report, they identified a huge jump in risky loans due to overexposure to weakening oil and gas industries.

Make no mistake; this is not chump change.

The total exceeds $3.9 trillion worth of risky loans that US banks made with your money. Given that even the Fed is concerned about this, alarm bells should be ringing.

Simon Black explains that in banking, there are three primary types of risk from the consumer’s perspective:

1. Fraud Risk: Is your bank stealing from you?

The case of MF Global shows that fraud in the Western banking system is clearly not zero. MF Global was once among the largest brokers in the United States. But in 2011 it was found that the firm had stolen funds from customer accounts to cover its own trading losses, before ultimately declaring bankruptcy. See:

2. Solvency risk: Does your bank have a positive net worth?

Like any business or individual, banks have assets and liabilities. For banks, their liabilities are customers’ deposits, which the bank is required to repay to customers. Meanwhile, a bank’s assets are the investments they make with our savings. If these investments go bad, it reduces or even eliminates the bank’s ability to pay us back.

This is precisely what happened in 2008; hundreds of banks became insolvent in the financial crisis as a result of the idiotic bets they’d made with our money.

3. Liquidity risk: Does your bank have sufficient funds on hand when you want to make a withdrawal or transfer?

Most banks only hold a very small portion of their portfolios in cash or cash equivalents, not just physical cash, but high-quality liquid assets and securities that banks can sell in a heartbeat in order to raise cash and meet their customer needs to transfer and withdraw funds.

For most banks in the West, their amount of cash equivalents as a percentage of customer deposits is extremely low, often in the neighborhood of 1% to 3%. This means that if even a small number of customers suddenly wanted their money back, and especially if they wanted physical cash, banks would completely seize up.

Black writes, “Each of the above three risks exists in the banking system today and they are in no way trivial. Now we have a report from Fed and the FDIC, showing their own concern for the industry and foreshadowing the solvency risk.”

The following are excerpts from the Federal Reserve’s press release on this year’s Shared National Credit Review, Nov. 5, 2015:

Credit risk in the Shared National Credit (SNC) portfolio remained at a high level, according to an annual review of large shared credits released today by federal banking agencies. […]

Leveraged lending, which accounts for approximately one quarter of the SNC portfolio, remained a focus of the agencies. This year’s review found that banks are making progress in aligning their underwriting practices with the leveraged lending guidance issued by regulators in 2013. However, the review highlighted continuing gaps between industry practices and the expectations for safe and sound banking. Leveraged transactions originated within the past year continued to exhibit structures that were cited as weak by examiners. The persistent structural deficiencies found in loan underwriting by the agencies warrant continued attention.
The review also noted an increase in weakness among credits related to oil and gas exploration, production, and energy services following the decline in energy prices since mid-2014. Aggressive acquisition and exploration strategies from 2010 through 2014 led to increases in leverage, making many borrowers more susceptible to a protracted decline in commodity prices.
Oil and gas commitments to the exploration and production sector and the services sector totaled $276.5 billion, or 7.1 percent, of the SNC portfolio. Classified commitments–a credit rated as substandard, doubtful, or loss–among oil and gas borrowers totaled $34.2 billion, or 15.0 percent, of total classified commitments, compared with $6.9 billion, or 3.6 percent, in 2014.

To read the 2015 Shared National Credit Review in PDF, click here.

Black’s advice, other than finding a safer banking jurisdiction are:

  1. Hold physical cash. Physical cash serves as a great short-term hedge against all three risks, with the added benefit that there’s no exchange rate risk. All you have to do is go to your nearest ATM machine, take out a small amount at a time and build up a small pool of cash savings.
  2. Own real assets, e.g., real estate property, gold and silver. There may be a time where we are faced with the consequences not only of a poor banking system, but also of decades of wanton debt and monetary expansion. At that point, the only thing that will make any sense at all is direct ownership of real assets.

~Eowyn

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UN Introduces New Feudalism Under Guise of Social Activism

This is Agenda 21 on steroids.
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Deep State: Who really rules America

The term “deep state” refers to a secret government that operates as a state within a state. The term originated in reference to the politics of Turkey — that the country actually is ruled by a group of influential anti-democratic coalitions within the Turkish political system, composed of élites of the intelligence services (domestic and foreign), military, security, judiciary, and mafia.
In other words, deep state is The Powers That Be.
The Powers That Be - deep state
What follows are excerpts from a July 30, 2015 article by Philip Giraldi for The American Conservative. Giraldi is a former CIA officer and currently the executive director of the Council for the National Interest.

As all governments—sometimes for good reasons—engage in concealment of their more questionable activities, or even resort to out and out deception, one must ask how the deep state differs. While an elected government might sometimes engage in activity that is legally questionable, there is normally some plausible pretext employed to cover up or explain the act.
But for players in the deep state, there is no accountability and no legal limit. Everything is based on self-interest, justified through an assertion of patriotism and the national interest. […]
First of all, one should note that for the deep state to be effective, it must be intimately associated with the development or pre-existence of a national security state. There must also be a perception that the nation is in peril, justifying extraordinary measures undertaken by brave patriots to preserve life and property of the citizenry. Those measures are generically conservative in nature, intended to protect the status quo with the implication that change is dangerous.
Those requirements certainly prevail in post 9/11 America, and also feed the other essential component of the deep state: that the intervening should work secretly or at least under the radar. Consider for a moment how Washington operates. There is gridlock in Congress and the legislature opposes nearly everything that the White House supports. Nevertheless, certain things happen seemingly without any discussion: Banks are bailed out and corporate interests are protected by law. Huge multi-year defense contracts are approved. Citizens are assassinated by drones, the public is routinely surveilled, people are imprisoned without be charged, military action against “rogue” regimes is authorized, and whistleblowers are punished with prison. The war crimes committed by U.S. troops and contractors on far-flung battlefields, as well as torture and rendition, are rarely investigated and punishment of any kind is rare. America, the warlike predatory capitalist, might be considered a virtual definition of deep state.
One critic describesdeep state as driven by the “Washington Consensus,” a subset of the “American exceptionalism” meme. It is plausible to consider it a post-World War II creation, the end result of the “military industrial complex” that Dwight Eisenhower warned about, but some believe its infrastructure was actually put in place through the passage of the Federal Reserve Act prior to the First World War. Several years after signing the bill, Woodrow Wilson reportedly lamented, “We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.
In truth America’s deep state is, not unlike Turkey’s, a hybrid creature that operates along a New York to Washington axis. Where the Turks engage in criminal activity to fund themselves, the Washington elite instead turns to banksters, lobbyists, and defense contractors, operating much more in the open and, ostensibly, legally. U.S.-style deep state includes all the obvious parties, both public and private, who benefit from the status quo: including key players in the police and intelligence agencies, the military, the treasury and justice departments, and the judiciary. It is structured to materially reward those who play along with the charade, and the glue to accomplish that ultimately comes from Wall Street. “Financial services” might well be considered the epicenter of the entire process. Even though government is needed to implement desired policies, the banksters comprise the truly essential element, capable of providing genuine rewards for compliance. As corporate interests increasingly own the media, little dissent comes from the Fourth Estate as the process plays out, while many of the proliferating Washington think tanks that provide deep state “intellectual” credibility are similarly funded by defense contractors.

revolving door

The cross fertilization that is essential to making the system work takes place through the famous revolving door whereby senior government officials enter the private sector at a high level. In some cases the door revolves a number of times, with officials leaving government before returning to an even more elevated position. Along the way, those select individuals are protected, promoted, and groomed for bigger things. And bigger things do occur that justify the considerable costs, to include bank bailouts, tax breaks, and resistance to legislation that would regulate Wall Street, political donors, and lobbyists. The senior government officials, ex-generals, and high level intelligence operatives who participate find themselves with multi-million dollar homes in which to spend their retirement years, cushioned by a tidy pile of investments.
America’s deep state is completely corrupt: it exists to sell out the public interest, and includes both major political parties as well as government officials. Politicians like the Clintons who leave the White House “broke” and accumulate $100 million in a few years exemplify how it rewards. A bloated Pentagon churns out hundreds of unneeded flag officers who receive munificent pensions and benefits for the rest of their lives. And no one is punished, ever. Disgraced former general and CIA Director David Petraeus is now a partner at the KKR private equity firm, even though he knows nothing about financial services. More recently, former Acting CIA Director Michael Morell has become a Senior Counselor at Beacon Global Strategies. Both are being rewarded for their loyalty to the system and for providing current access to their replacements in government.
What makes the deep state so successful? It wins no matter who is in power, by creating bipartisan-supported money pits within the system. Monetizing the completely unnecessary and hideously expensive global war on terror benefits the senior government officials, beltway industries, and financial services that feed off it. Because it is essential to keep the money flowing, the deep state persists in promoting policies that make no sense, to include the unwinnable wars currently enjoying marquee status in Iraq/Syria and Afghanistan. The deep state knows that a fearful public will buy its product and does not even have to make much of an effort to sell it.
Of course I know that the United States of America is not Turkey. But there are lessons to be learned from its example of how a democracy can be subverted by particular interests hiding behind the mask of patriotism. Ordinary Americans frequently ask why politicians and government officials appear to be so obtuse, rarely recognizing what is actually occurring in the country. That is partly due to the fact that the political class lives in a bubble of its own creation, but it might also be because many of America’s leaders actually accept that there is an unelected, unappointed, and unaccountable presence within the system that actually manages what is taking place behind the scenes. That would be the American deep state.

See also “America’s Bipartisan Ruling Class vs. the People.”
~Éowyn

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Greece introduces "cashpoint tax" in desperate bid to raise revenue and stop run on banks as country teeters on brink of bankruptcy

broken-piggy-bank
DailyMail: Greece has revealed it is to introduce a surcharge for all cashpoint withdrawals and financial transactions in a desperate attempt to prevent citizens withdrawing their money from the country’s beleaguered banks.
Ministers hope the controversial move could raise as much as €180 million ($201,364,806 US), which the Athens government hopes will help the country avoid defaulting on debts owed to international creditors.
As the Greek economy teeters on the verge of bankruptcy, millions of panicking citizens have completely cleared their accounts – pulling more than €28 billion out of banks and pushing the total cash revenue held in the country’s financial institutions to a 10-year low.
The controversial introduction of mandatory cashpoint charges still requires approval by the European Central Bank but is expected to amount to €1 for every €1,000 (€1 equals $1.1187 US) transaction. While the measure is unlikely to impact on day-to-day withdrawals, Greece hopes it will deter citizens clearing out their bank accounts.

Get your money while it's still there...

Get your money while it’s still there…

Clarifying that the charge will not apply to money paid in to a bank account, a senior finance ministry official told The Times: ‘The surcharge is just one of a grab-bag of measures we are considering if things get tough.’ The official added that Greece is also considering a ceiling on bank transfers over €1 million in what could fire the starting pistol for capital controls if Greece does go bust over the coming months.
The news comes as the EU upgraded its growth outlook for the eurozone on the back of cheaper oil and a weak currency – but a sudden worsening of Greece cast a pall over the brightening situation.
The improved Spring Forecast report said the eurozone would avoid much feared deflation as the 19-country area claws its way back to levels last seen before the global financial crisis. Germany, Europe’s economic powerhouse, is expected to grow by 1.9 per cent in 2015, above the EU average, helped by domestic demand and an improving labour market.
France’s sluggish economy should expand by a much slower 1.1 percent but its budget deficit outlook has improved, making Paris less likely to face embarrassing penalties for breaking EU rules on public spending. Even Italy and Portugal saw modest growth, while Ireland – which recently left an international bailout programme – had the fastest growing economy in the region. Cyprus however is stuck in recession three years after its bailout and will not return to growth until next year, the Commission said.
Alexis Tsipras

Alexis Tsipras

But the gloomiest prognosis is for Greece, due to the drawn-out battle between the new leftist government of Prime Minister Alexis Tsipras and the debt-hit nation’s EU and IMF creditors.
With fears growing of a Greek exit form the euro, Greece’s economy slumped severely in the first three months of the year. The Commission accordingly slashed its overall 2015 growth outlook to 0.5 per cent, a huge tumble from its earlier estimate of 2.5 percent. It predicted Greece would rebound strongly with 2.5 per cent growth in 2016. ‘In light of the persistent uncertainty, a downward revision has been unavoidable’ Moscovici told a news conference ahead of a meeting with Greek Finance Minister Yanis Varoufakis.
The ‘meagre’ 2015 growth estimate is also on condition that Greece reaches a deal with its creditors by June on its bailout, added the EU’s Commissioner for the euro, Valdis Dombrovskis. Greece’s debt, already the highest in the eurozone, would meanwhile soar to 180.2 percent of annual economic output this year, before falling slightly to 173.5 percent in 2016.
The Commission predicted that consumer prices will edge up by a minimal 0.1 percent in 2015, but then gain momentum to 1.5 percent in 2016, after the eurozone came out of deflation last month. Deflation can be dangerous, risking a spiral of ever weaker demand, slowing the economy and pushing up unemployment.
DCG

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What the polls say: Will Republicans gain a majority in Senate?

So much hinges on the election tomorrow, November 4.

  • If the Democrats keep their majority in the Senate, and the Republicans keep their majority in the House, we’ll have two more years of President Ebola doing what he wants, ignoring Congress by issuing executive orders (or not even that), and two more years in which a Democrat-controlled Senate would approve Obama’s Supreme Court nomination(s).
  • If the Democrats keep the Senate and win a majority in the House, then all hell breaks lose. We’ll go back to the first four years of the POS’s presidency, in which the Republicans can’t even mount a feeble effort against his agenda. Remember Obamacare? This time around, we’ll get gun control, amnesty for illegals, death panels, and whatever else in the evil POS’s Pandora box.
  • Only if the GOP keeps a majority in the House and wins a majority in the Senate is there any hope (no guarantees) for derailing the POS and his road to Hell.

So, what are the polls saying?
To begin, no poll expects the Republicans to lose the House. On the contrary, the expectation is that Repubs will gain even more seats in the House.
On the probability that Republicans would gain a majority in the Senate:

Click here for Senate races in Kentucky, Georgia, Arkansas, Louisiana, Iowa.
Here’s a quote, from Washington Post:

Prominent Democratic strategists are growing increasingly nervous that the national political environment is not only bad for their side but is moving in the wrong direction in the final days before the election, a trend that could not only cost them control of the Senate but also visit double-digit House losses on the party. “The environment has settled and it’s bad,” said one senior Democratic party operative closely monitoring the party’s prospects this fall. The source added that Democratic candidates’ numbers among independents and seniors — two critically important voting blocs — have begun to erode; “they are just not as friendly to us as they once were,” the source explained. In conversations Wednesday with more than a dozen Democratic strategists deeply involved in this campaign — a few who were willing to speak on the record, a majority who were not — there was a widespread pessimism about the party’s chances Nov. 4.

Everything depends on turnout.

Democrats have soured on their toxic infatuation with the POS. Their lack of enthusiasm will depress their turnout, which is why desperate Demonrats are resorting to the worst kind of fear-mongering and race-baiting.
In Alabama, fliers distributed in largely black communities warn voters to cast ballots or else they’ll lose their food stamps, Section 8 housing, Medicaid, unemployment benefits, and even “land may be given to extremist groups to honor klansmen.” Here’s a copy of the flier, obtained by The Washington Times:
Alabama 2014 Dem flyer
Using the Ferguson shooting of Mike Brown, Democratic campaign materials aimed at getting out the black vote are featuring references to lynchings, Jim Crow-era signs, racial unrest, and the Ku Klux Klan. Here are two images (source):
2014 race baiting1
If you think the race-baiting and fear-mongering are too absurd to be believable, think again.
Just this morning, I was in a Twitter war with a FOTM reader @JusPauperum1 who insisted, but could produce no source citation or evidence, that the GOP’s “economic policies explicitly deny care for the poor, the sick, and the unemployed,” and the GOP wants to “eliminate SNAP [food stamps], unions, unemployment benefits, and healthcare”.
@JusPauperum1 even claimed that the GOP bailed out Wall Street banks, when it was Barack Obama who did the bailout. @JusPauperum1’s ignorance and brain-washedness is nothing less than stunning.
So, fellow patriots, do you really want another two years of Ebola-gate, open borders-gate, IRS-gate, VA hospital-gate, Benghazi-gate, Fast ‘n Furious-gate, NSA surveillance-gate, ISIS-gate, and a disastrous and adrift foreign policy?

VOTE!!!!!!!!!!!!!!!!!!!!!!!!!

And if you see voter fraud at your polling place, here’s a free phone app for your mobile phone to report voter fraud. Click here!
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~Eowyn

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Gaystapo corporate intimidation at JP Morgan Chase

Gaystapo
Remember my post of 2½ months ago, on Chase Bank, in a company survey, asking its employees to declare their loyalty to LGBT? (LGBT = lesbian, gay, bisexual, transgender)
Each year, JP Morgan Chase sends its employees a survey asking questions related to management and other non-controversial issues. The survey this year included, for the first time, a question asking if the employee is “An ally of the LGBT community, but not personally identifying as LGBT.”
That question is understood by some employees to be a veiled threat because the survey is not anonymous.
Here’s a follow-up that chillingly fleshes out what that survey means. Although the account below does not specifically name JP Morgan Chase, the similarities are too striking to be otherwise.
Rod Dreher writes for The American Conservative, Sept. 9, 2014, that he received a long e-mail from a reader “who works in management at a major corporation.” The email detailed “how the bureaucracy in his company is collecting more and more data on its employees at the same time it’s tightening the screws on the internal culture of diversity,” and that “traditional Christians are going deep into the closet there.”
Dreher then quotes from the reader’s email:

If you don’t sign up to be a member of the LGBT “ally” group, they notice—especially if you are (or are potentially going to be) a manager. LGBT employees need to be supported by their manager. The manager is the front line with such questions as “I need to have off next Friday because my partner is having surgery” or “do my partner and I qualify for corporate adoption benefits?” If you’re in a same-sex relationship and you don’t know if your manager is an ally, this is a very scary conversation to have. People want to know it’s safe to confide in their manager without fear of being judged.

The company needs to know which managers can be trusted to this end and which can’t. No matter how openly supportive you may be of LGBT employees, the company wants to track who identifies as an “ally” openly, and who doesn’t. If they don’t count allies and non-allies, they won’t be able to prove things are “improving” nor will they be able to target managers for further inclusion coaching. So, by making it “safer” for some employee demographics to be open about their personal lives, they’re inadvertently closeting others.

[…] The end game is as Big Brotherish […] People need to be made aware of what’s coming. 

Dreher comments that “It doesn’t take a paranoid to see where this is going. It just takes someone who has worked for a corporation, and who has seen how powerful the phrase ‘hostile work environment’ can be.”
Dreher concludes that he doesn’t think what the “major corporation” (cough, cough, Chase Bank) is doing is “persecution” of Christians, but that “it is something. And it is real.”
The Oxford Dictionary defines “persecution” as:

  1. Hostility and ill-treatment, especially because of race or political or religious beliefs
  2. Persistent annoyance or harassment

I’m not as decorous as Dreher, and I call “PERSECUTION” what this “major corporation” (JP Morgan Chase) is doing to its employees who decline to openly declare their “loyalty” to LGBT.
H/t California Catholic Daily
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~Eowyn

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World Bank whistleblower says Michelle Obama is being blackmailed, caught in honey trap

Karen Hudes
Karen Hudes describes herself as a graduate of Yale Law School who had worked in the legal department of the World Bank for more than 20 years before she was fired for blowing the whistle on corruption inside the World Bank. At the time when she was fired, her position was that of Senior Counsel.
There is no Wikipedia entry on Hudes, but her whistleblowing was confirmed by Joel Skousen, the founder and chief editor of World Affairs Brief, a weekly news-analysis service.
The Economic Collapse blog says that according to Hudes, the élite use a very tight core of financial institutions and mega-corporations to dominate the planet. The goal is control. They want all of us enslaved to debt, they want all of our governments enslaved to debt, and they want all of our politicians addicted to the huge financial contributions that they funnel into their campaigns.  Since the élite also own all of the big media companies, the mainstream media never lets us in on the secret that there is something fundamentally wrong with the way that our system works.
In an interview with the Flow of Wisdom online radio, which was uploaded to YouTube on Nov. 20, 2013, Karen Hudes said FLPOS Mooch, aka Michael Obama, is being blackmailed, after having been caught in a honey trap.
In the poor-quality audio below, beginning at the 0:45 mark, you’ll hear Hudes say:
His [Barack Obama’s] wife is being blackmailed . . . because she has fallen for some, what they call, ‘honey trap’ . . . in a hotel with two-way mirror. She’s just been compromised. And there are other things involving him [Barack]. His mother was a CIA agent, and he was raised in a way that made him a person who would trap people in hotels. That was his mother’s job in the CIA: she would trap people in hotels. ”
[youtube=https://www.youtube.com/watch?v=4FN_CZOARBw]
Wikipedia defines “honey trapping” as “the private investigative practice of evaluating the fidelity of partners in marital and nonmarital romantic relationships. Investigators are employed by wives, husbands, and other partners usually when an illicit romantic affair is suspected of the ‘target’, or subject of the investigation. Occasionally the term may be used for the practice of creating an affair for the purpose of taking incriminating photos for use in blackmail. A honey trap is primarily used to get evidence.”
The Oxford Dictionary has a simpler definition. Honey trap is “A stratagem in which irresistible bait is used to lure a victim.”
Of course, in Mooch’s case, we don’t know if the “honey trap” refers to her marital infidelity or that she is being blackmailed for, as a viewer of the video on YouTube Ryan Hagel succinctly puts it, “She has a dick!!!!”
It must be pointed out that in another more recent interview with Future Money Trends on conspiracies and the global economy, which was uploaded to YouTube on March 7, 2013, Karen Hudes said there’s another hominid alien species on Earth with huge elongated skulls, who manipulate human beings and who are hiding, among other places, in the Vatican.
As evidence, Hudes referred us to the Pope’s ceremonial dome-shaped mitre hat. Of course, Hudes ignores the fact that popes, including the present Pope Francis, have been seen and photographed bare-headed without the mitre hat, revealing their normal-shaped very human skull. LOL

Hudes’ alien disclosure begins approx. 23:00 into the video.

[youtube=https://www.youtube.com/watch?v=JcwnbQzNz9Q]
~Eowyn

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CommieBlaster calls it quits, after 5 years of faithful reporting

Thank you, CommieBlaster, for your 5 years of tireless unpaid work.
Thank you, CommieBlaster, for your patriot’s heart.
We salute you and hope we’ll meet again when our beloved country and the world are new again.
~Dr. Eowyn and the (unpaid) writers of Fellowship of the Minds
Statue of Liberty in tears
From “Who Is John Galt,” CommieBlaster, Sept. 8, 2014:
(Note: John Galt is a character in Ayn Rand’s novel Atlas Shrugged (1957), a philosopher and inventor who believes in the power and glory of the human mind, and the right of the individual to use his/her mind solely for him/herself. He serves as a highly individualist counterpoint to the collectivist social and economic structure depicted in the novel, in which society is based on oppressive bureaucratic functionaries and a culture that embraces mediocrity in the name of egalitarianism, which the novel interprets as the end result of socialistic idealism.)
Dear Readers,
5 years ago we launched a simple project. We collected internet links to selected news articles, sorted them into categories and made them available to the public on our website. We had no idea where this project would take us. Our journey was shocking, unimaginable, a nightmare.
Via our research, we learned:

We initially supposed that shining a light on this situation would solve it, but no more. We have learned, by studying history, the only way to stop this fascist insanity is to stage a multi-million-person, peaceful, sustained siege on Washington D.C., like the one-day protest we attended below. There are more of us than them, and they will back down if enough people organize and peacefully, legally resist. They know this and so they fear us.


However, with one party control of government and media, we no longer see this option happening in the near term unless a unifying event occurs or uncorrupted leaders emerge with the ability to reach and organize masses. As evidence of this assumption, even the most flagrant, obvious lies and crimes, such as the IRS scandals and Benghazi are effectively ignored by both parties, law enforcement, courts and media, and left unpunished.

There is enough evidence already captured on our website site to cause any reasonable person to see a sustained, deliberate pattern of organized crime on a massive scale and to demand an unbiased, independent investigation, trial and conviction of every treasonous member of Congress and Government involved. Therefore, we are ceasing in our daily reporting and placing our energies on new initiatives. Commercial-free, adware-free, money-influence-free, and political-correctness-free daily news reporting comes to an end, but our website remains to inform our fellow citizens of the Government’s lawless tyranny that occurred from September 2009 to September 2014.

Now it’s time for us to take a new path. We faithfully served our 5-year tour of duty as a reporter in America’s 100-year-old war against Communism without any form of compensation or personal recognition.

Who of you will pick up the flag next? Who will document and help stop our Government’s treason and crimes so we can prosecute the traitors? Who will show us how to restore what they have destroyed when this illegal form of Government is ultimately overthrown in the 2nd American Revolution?

WHO IS JOHN GALT?
I am. You are.
Let’s roll.
— C.B.

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Wayne Allyn Root Puts aka-Obama at the Scene of the Crime

Wayne Allyn Root
I Can Put Obama at the Scene of the Crime
Posted by Wayne Root on July 28, 2014 Comments Off
As published at World Net Daily
By Wayne Allyn Root
My new book, “The Murder of the Middle Class” launched Monday July 14th across America. It’s about how America, the greatest nation in world history, is being destroyed by the purposeful “Murder of the Middle Class” and death of the American Dream. It is not happening by accident, mistake, or coincidence. This is a purposeful plan. This is the greatest conspiracy in world history.
The ringleader is Barack Obama and I can put Obama at the scene of the crime.
How can I do that? I was Barack Obama’s classmate at Columbia University, Class of ’83. You need to know about Obama and his plan to “murder the middle class” To stop it we first have to understand it.
First, at Columbia we were repeatedly told America is a land of “unfairness, inequality, and lack of social justice.” Recognize those words? My classmates proudly called themselves progressives and socialists, even Marxists. They talked about how to dismantle the “power structure”, the rich and the business owners- especially white ones. This is especially interesting since almost all my Columbia classmates were spoiled-brat white kids from the best prep schools in America, where their massive white guilt brainwashing started early.
We were taught to hate capitalism and believe it had to be destroyed so America’s wealth could be redistributed to create “fairness and equality.” Sound familiar?
At Columbia we studied “The Communist Manifesto,” Saul Alinsky’s “Rules for Radicals” and the Cloward and Piven plan to transform America.
In 1981 a student burst through the doors to our political science class and screamed “The President has been shot. They’ve assassinated Reagan”… my classmates yelled, hugged, high-fived, jumped up and down cheered (what they mistakenly thought was) the death of a Republican President. Today those classmates are in government with Obama, or controlling the mainstream media. They may talk about “moderation and compromise,” but remember, 30 years ago they cheered for the death of a Republican President.
Most importantly, we were taught a simple, but brilliant plan called “Cloward-Piven,” after former Columbia professors Richard Cloward and Frances Piven. The plan called for the destruction of capitalism and American exceptionalism by overwhelming the system with massive spending, entitlements and debt. That would collapse the economy, wipe out the middle class, and bring Americans to their knees, begging government to save them. Sound familiar? It’s the exact plan Obama has been implementing.
We were taught at Columbia a key component of the plan involved fooling the voters by calling yourself “moderate”, never admit your real goals. We were taught to demonize your opponents, calling them evil, greedy, extreme, radical, and even “terrorist.” Put your opponents on the defense by calling them the very things you are. Lie, misrepresent, and commit fraud because “The ends justify the means.” Obama learned well.
Obama claims Obamacare is about “saving the uninsured”, when its real objective is income redistribution to destroy the middle class. Environmental regulations are to “protect us from global warming,” when its real goal is bankrupting the middle class by tripling utility bills. Immigration reform is always about “protecting innocent children,” when its real goal is to create 12 million new Democratic voters. High taxes are to “create equality,” when they are all about starving Obama’s political opposition. Obscene government spending is always about “helping widows and orphans,” as opposed to creating more debt to overwhelm the system. Higher teacher salaries are “for the kids,” as opposed to enriching teachers unions so they can funnel hundreds of millions to Democrat politicians. Bailing out GM was to “save jobs,” as opposed to saving bloated auto union pensions.
It’s always about lying to cover-up the real agenda of murdering the middle class, redistributing wealth, and putting big government in control of our every move.
The key to it all is to “boil the frog slowly,” something we also learned at Columbia. Set the fire low, so the frog (in this case the middle class) wouldn’t know what was happening until he’s cooked.
That’s why Obama starts and ends every speech with “I’m here to save the middle class,” while his actions are annihilating them. He’s boiling the frog slowly. By the time the middle class realizes he’s the killer, and we’re the prey, we’ll already be dead.
So you see, it’s not due to coincidence, incompetence, or even George Bush. It’s all according to plan. A plan Obama learned at Columbia. Everything Obama does, and everything happening to the U.S. economy, all started at Columbia. The entire Obama agenda to overwhelm the system, destroy capitalism, and murder the middle class was hatched at Columbia. Obama may not have attended class, but he learned well. He should have received the Karl Marx Award for “Student Most Likely to Destroy America.”
That’s why Columbia matters. You must know your enemy before you can defeat him. Columbia University is a window into Obama’s soul. That’s why I’ve spent the last year writing the “Murder of the Middle Class,” to give all American’s the information and tools to save the middle class and the American Dream. This fight is just getting started. God Bless America.
– See more at: https://www.rootforamerica.com/webroot/blog/2014/07/#sthash.vl1Mp2tB.dpuf

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Thomas Jefferson. He Tried To Warn Us.

Too Many to hide from.

Too Many to hide from.


There are two parts. Be
sure to read the 2nd part (in RED).
Thomas Jefferson was a very remarkable man who started learning very early in life and never stopped.
At 5, began studying under his cousin’s tutor.
At 9, studied Latin, Greek and French.
At 14, studied classical literature and additional languages.
At 16, entered the College of William and Mary. Also could write in Greek with one hand while writing the same in Latin with the other.
At 19, studied Law for 5 years starting under George Wythe.
At 23, started his own law practice.
At 25, was elected to the Virginia House of Burgesses.
At 31, wrote the widely circulated “Summary View of the Rights of British America ? And retired from his law practice.
At 32, was a Delegate to the Second Continental
Congress.
At 33, wrote the Declaration of Independence .
At 33, took three years to revise Virginia ‘s legal code and wrote a Public Education bill and a statute for Religious Freedom.
At 36, was elected the second Governor of Virginia succeeding Patrick Henry.
At 40, served in Congress for two years.
At 41, was the American minister to France and negotiated commercial treaties with European nations along with Ben Franklin and John Adams.
At 46, served as the first Secretary of State under George Washington.
At 53, served as Vice President and was elected president of the American Philosophical Society.
At 55, drafted the Kentucky Resolutions and became the active head of Republican Party.
At 57, was elected the third president of the United States .
At 60, obtained the Louisiana Purchase doubling the nation’s size.
At 61, was elected to a second term as President.
At 65, retired to Monticello .
At 80, helped President Monroe shape the Monroe Doctrine.
At 81, almost single-handedly created the
University of Virginia and served as its first president.
At 83, died on the 50th anniversary of the Signing of the Declaration of Independence along with John Adams.
Thomas Jefferson knew because he himself studied the previous failed attempts at government. He understood actual history, the nature of God, his laws and the nature of man. That happens to be way more than what most understand today. Jefferson really knew his stuff. A voice from the past to lead us in the future:
John F. Kennedy held a dinner in the white House for a group of the brightest minds in the nation at that time. He made this statement: “This is perhaps the assembly of the most intelligence ever to gather at one time in the White House with the exception of when Thomas Jefferson dined alone.”
 
“When we get piled upon one another in large cities, as in Europe, we shall become as corrupt as Europe .”
— Thomas Jefferson
“The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”
— Thomas Jefferson
“It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.”
— Thomas Jefferson
“I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.”
— Thomas Jefferson
“My reading of history convinces me that most bad government results from too much government.”
— Thomas Jefferson
“No free man shall ever be debarred the use of arms.”
— Thomas Jefferson
“The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.”
— Thomas Jefferson
“The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.”
— Thomas Jefferson
“To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abhors is sinful and tyrannical.”
— Thomas Jefferson
Thomas Jefferson said in 1802:
“I believe that banking institutions are more dangerous to our liberties than standing armies.
If the American people ever allow private banks to control the issue of their currency, the banks and corporations that will grow up around the banks will deprive the people of all property – until their children wake-up homeless on
the continent their fathers conquered.”
~Steve~                                                        H/T I-Man
 

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