Monday, November 03, 2014

The wheels are coming off the Money Train

We often hear government officials and mainstream financial pundits throwing around numbers like a billion or trillion. To most Americans these numbers are indiscernible. They are so incredibly enormous that we can’t even imagine what one billion dollars actually looks like, let alone what it takes to generate such capital. And a trillion, or better yet, the $17.9 Trillion that is our national debt? That 17.9 Trillion is the reported debt. I assure you that the black budget, off budget, debts are much higher! 

As when the US Department of Defense says that the US only spends 1 Trillion a year on Defense is a joke. That 1 Trillion is the reported budget. The GAO tells a toally differnet story.  The US Spends in excess of 3 Trillion a year in unreported Defense spending. 

The US has an entire Weaponized Space Fleet that is not reported. The US also has off world bases, as well as U.G.Bases which are unreported.  The scale of the Antarctic bases alone are staggering.


Make no mistake the the entire FIAT monetary system is being run off the rails because time is short.

It turns out money the way we were taught to understand it in school isn’t really how we should be valuing economies or debt. Instead, we need to be looking at what that money represents.
How do we define the sizes of economies?  In dollars?  Nope.  These systems should be measured in terms of a transcendent, invariant unit.  Currencies are, by definition, variant, because they are constantly changing relative to one another.  This includes the dollar, which is itself measured against a BASKET of other currencies.  I propose that GDP should be measured in the unit of MAN HOURS or MAN YEARS.  $20 per hour average wage.  2000 hour average work year. 

So, if we take the latest GDP for the US which is $16.8 trillion and if we use an average wage of $20 per hour, or $40,000 per year, we get an economy of 840 billion man hours, or 420 million man years.
 
Would you really want your mind blown?  Do that same calculation with the debt (now $18 trillion).  Now do it with the unfunded liabilities of the FED GOV (conservatively $250 trillion).

450 million man years, and 6.25 billion man years respectively.

So, when we talk about trillions of tax dollars being spent on banks or infused into shadow investment houses around the globe, we’re actually not just talking about money being stolen from one group of people that’s being distributed to another. What we’re talking about is the literal theft of our lives – our time and energy.
The unfunded liabilities are estimated at $250 trillion or 6.25 Billion man years.

To put that into perspective, it will take roughly 139 million Americans working non-stop for 45 years just to cover the government’s unfunded liabilities at their current levels. That's if they don't spend one more dollar for the next 50 years! 

Currently, there are about 144 million working Americans with about 100 million not in the labor force for various reasons. So, just to pay off those liabilities, every single working American would have to spend the next 45 years of their lives sending 100% of their income to the government.
 

The arithmetic is clear: Repaying our national debt and unfunded liabilities is a mathematical impossibility. 

It CAN never happen and it will never happen. The politicians know this, they know that the US debt will never ever be re-payed. There is already a system in place for when the charade of the Stock Market and the US dollar implodes.  This is why the politicians have been arming the local police with massive amounts of military hardware.

Many Americans who are fed up with having their livelihoods stolen on a wholesale basis by government.


Since you’re probably sitting there thinking that people need to be executed for this mess, let me throw out an idea for how to go about meting out justice for these massive financial crimes after the war.  I would simply say that the amount of a theft should be converted to man years, and if the man years-equivalent of what was stolen is in excess of the average working life of a man, say 50 years, then the offense would be a capital offense.

So, just pulling a completely random number out of the sky, say $1.6 billion, and converting that to man years at an average wage of $40,000 per year, that is 40,000 man years, which equals exactly twelve feet of rope, which happily, can be reused an almost unlimited number of times.

Over $1.6 billion in shareholder deposits were vaporized at MF Global under the watchful eye of Former New Jersey Governor John Corzine (left). He served no prison time.

We’re talking massive amounts of time and energy here that have been pillaged from the American people, as well as hundreds of millions of others in Europe and Asia.
 
The end result WILL come in the form of widespread warfare and a total collapse of the system as we have come to know it.
We are on the tail end of a paradigm built upon debt and false promises. The numbers are now so incredibly large that the trajectory is irreversible.

Our banking system, monetary dominance and geo-political influence are at a breaking point and those who want to come out the other side of the coming disaster need to be making final preparations.

The U.S. government has war-gamed and simulated these very scenarios. They know a massive economic collapse is not only on the horizon – it’s happening right now. They also know that as more people lose their jobs, homes and ability to put food on the table they’re going to come looking for someone to blame. There will be panic and violence. There will be bloodshed and war.

Gulf War Lies Lies

Nayirah Testimony All Lies

In August 1990 there was conflict between Iraq and Kuwait, mostly over oil fields as Saddam Hussein accused Kuwaitis of theft of these resources. On October 10th the whole world turned its eyes toward a fifteen-year old girl named Nayirah, who wept profusely as she talked about inhumane crimes committed by Iraqi soldiers. The young Kuwaiti was to witness the killing of more than 300 babies in a hospital. The dramatic speech touched the hearts of viewers and managed to drum up overwhelming support for the involvement of the United States in this conflict and the outbreak of the Gulf War.

The Kuwaiti Incubator Baby Hoax

A key event in generating momentum for the first U.S. War on Iraq, "Operation Desert Storm" was a fraudulent report of the murder of Kuwaiti babies by Iraqi soldiers. On October 10, 1990, the U.S. Congressional Human Rights Caucus held a hearing on the subject of Iraqi human rights violations. The centerpiece of the event was the emotional testimony of a 15-year-old Kuwaiti girl, known only by her first name, Nayirah. Her full name was supposedly being kept secret to protect her from Iraqi reprisals. The girl relayed a shocking story while sobbing. 

I volunteered at the al-Addan hospital. While I was there, I saw the Iraqi soldiers come into the hospital with guns, and go into the room where . . . babies were in incubators. They took the babies out of the incubators, took the incubators, and left the babies on the cold floor to die. 
 
The massacre never occurred. How many US service men died because of these lies? How many US service men came back from the Gulf War disabled?  


...
In fact, the most emotionally moving testimony on October 10 came from a 15-year-old Kuwaiti girl, known only by her first name of Nayirah. According to the Caucus, Nayirah's full name was being kept confidential to prevent Iraqi reprisals against her family in occupied Kuwait. Sobbing, she described what she had seen with her own eyes in a hospital in Kuwait City. Her written testimony was passed out in a media kit prepared by Citizens for a Free Kuwait.
...
Three months passed between Nayirah's testimony and the start of the war. During those months, the story of babies torn from their incubators was repeated over and over again. President Bush told the story. It was recited as fact in Congressional testimony, on TV and radio talk shows, and at the UN Security Council. "Of all the accusations made against the dictator," MacArthur observed, "none had more impact on American public opinion than the one about Iraqi soldiers removing 312 babies from their incubators and leaving them to die on the cold hospital floors of Kuwait City."

liar1
When the battle dust settled, someone took a closer look at Nayirah. Quickly it became apparent that the sobbing girl in front of millions of viewers was the daughter of Sheikh Saud Nasser Al-Saud Al-Sabah– Kuwaiti Ambassador to the United States and a member of the royal family. The child was handed to PR whizzes – Hill & Knowlton company, where she passed a course in comprehensive acting training. It had to work out – the company bosses signed an $11.9 million contract with the Kuwaiti royal family. The task was simple — to persuade the U.S. military to take action against Iraq.

As You Vote Today Remember Building 7

 

Building 7 was a 47-story steel-framed skyscraper that occupied a block adjacent to the World Trade Center complex, two city blocks away from the nearest of the Twin Towers. It was not hit by an aircraft. NIST alleges that it was severely damaged by large pieces of steel ejected from the North Tower, but there is no publicly verifiable evidence of this. Nonetheless, like the Twin Towers, Building 7 underwent a total collapse on 9/11/01. Whereas the Twin Towers exploded Building 7 imploded in a manner indistinguishable from conventional building demolitions. 

Building 7's collapse, which occurred at 5:20 PM, is not thought to have killed anyone. According to the government's vague and inconclusive report, fires caused Building 7 to collapse. Yet, excepting 9/11/01, there has never been a case of fires, no matter how severe, causing the collapse of a steel-framed high-rise building. Why wasn't this inexplicable incident a major news story? 

Building 7 occupied a block to the north of the World Trade Center Plaza. Its 23rd floor held Mayor Giuliani's Emergency Command Center. This floor had bullet- and bomb-resistant windows, an independent air and water supply, and an unobstructed view of the north faces of both towers.

The other government agencies with offices in the building were the IRS, the EEOC, the US Secret Service, the SEC, and the CIA. 





The private tenants were Salomon Smith Barney, American Express Bank International, Standard Chartered Bank, Provident Financial Management, ITT Hartford Insurance Group, First State Management Group, Inc., Federal Home Loan Bank, and NAIC Securities.
Large numbers of case files for ongoing investigations by the Securities and Exchange Commission (SEC) and the Equal Employment Opportunity Commission (EEOC) were reportedly destroyed in the collapse. 

The Los Angeles Times reported that "substantial files were destroyed" for 3000 to 4000 of the SEC's cases. The EEOC reported that documents for 45 active cases were destroyed.  Before the attack, SEC investigations of corporate fraud by companies such as Enron and Worldcom were the subject of many news reports -- reports that virtually vanished in the wake of the attack. 

The Elite Crooks who fleeced the American people walked away free when building 7 mysteriously collapsed. A coincidence I'm sure...

WTC7's developer and lease-holder, Silverstein Properties, and WTC7's mortgage-holders, the Blackstone Group, Banc of America Securities, and General Motors Acceptance Corporation, received a Court-awarded amount of $861 million dollars from Industrial Risk Insurers in February 2002. We know that about $386 million had been invested in WTC7 before its destruction. The Court-award meant that Silverstein Properties and the mortgage-holders would share in about $475 million of profit. 
 

Silverstein Properties is headed by Larry Silverstein, a large contributor to Democrat and Republican office-holders. Silverstein Properties became the primary owner of the WTC Twin Towers less than two months before 9/11/01 (Westfield Malls was Silverstein Properties' minority-partner). Buying from the New York Port Authority, Silverstein Properties invested only $15 million toward a total purchase-price of $3.2 billion for a 99-year lease on holdings worth an estimated $8 billion. The low-rise office buildings WTC 4, 5, and 6, and 400,000 square feet of retail space were included with the Twin Towers in this deal. Silverstein Properties immediately took out extensive insurance policies on its new holdings. 

One clause in Silverstein Properties' insurance policies for the new WTC holdings soon proved instrumental. Quoting the British Financial Times of September 14, 2001, the American Reporter wrote that ‘ the lease has an all-important escape clause: If the buildings are struck by “an act of terrorism”, the new owners' obligations under the lease are void. As a result, the new owners are not required to make any payments under their lease, but they will be able to collect on the loss of the buildings that collapsed or were otherwise destroyed and damaged in the attacks. ’ 

 Silverstein Properties is still contesting the amount of pay-out due for destruction of the Twin Towers—$3.55 billion for one ‘occurrence’ or $7.1 billion for two ‘occurrences’. The “terrorism” clause in his lease has given Larry Silverstein leverage in negotiating his new deal for the site


BBC Reported Building 7 Collapse 20 Minutes Before It Fell