News & Analysis
EU Sees More Shrinkage as Dialectic Expands
Euro zone economy to shrink again ... "The improved financial market situation contrasts with the absence of credit growth and the weakness of the near-term outlook for economic activity," said Marco Buti, the commission's director-general for economic and monetary affairs. "The labor market... is a serious concern," he said, in a preamble to the Commission's latest forecasts. But the damage from the 2008/2009 global financial crisis and the ensuing euro zone debt crisis has been greater than expected on the real economy, with global demand for euro zone exports one of the few saviors in terms of generating growth. Joblessness in the euro zone is set to peak at 12.2 percent, or more than 19 million people, in 2013, the Commission said, and both private and public consumption will not make any contribution to improving output, instead dragging on the economy. – Reuters
Dominant Social Theme: We need to turn to central banking for help with the Euro economy – there is simply no other way.
Free-Market Analysis: The European dialectic is alive and well in the Eurozone and beyond. Across the EU, recession (depression) spreads and we are told that the only response is a central banking one.
The EU economic morass can only be alleviated by additional easing as the spigot of additional credit is generously opened. European depression. Central bank alleviation. A box that the mainstream media constructs with constant iterations. The only question is how active central bankers will be. Here's more from the article:
The outlook raises the prospect of further interest rate cuts by the ECB to jump-start the economy by reducing the cost of lending for companies and families, although with banks reluctant to lend, any impact may be muted.
Consumer inflation is forecast by the Commission to be 1.8 percent for 2013, and with such pressures contained the ECB may feel more comfortable cutting rates to below the current 0.75 percent level.
"A cut in the main refinancing rate is not the most powerful measure the ECB could implement, but it is a step in the right direction," investment bank JP Morgan wrote in a note this week.
The Commission's overall view is a touch more pessimistic than that of the International Monetary Fund, which sees a 0.2 percent euro zone contraction this year.
Across Europe, resentment rises as technocratic plans fail. Mario Monti in Italy struggles with Silvio Berlusconi who is not by any means the first choice of those who wish to perpetuate the power of the European Union.
Spanish unemployment is filled with improbably high numbers. About half of all young people searching for work can't find it. Greece is in even worse shape. France is beginning to implode as well. Portugal is well on the way.
None of this is reported by the mainstream. It is much easier to provide what we call a dialectic, offering up simple choices and eschewing any conversation over what really happened.
The European Union is in a slump. Central bankers will have to find a way out.
It's NOT what happened. The reality is that the slump was driven by central banking – manipulated by monopoly fiat money that caused first a tremendous boom and then an ongoing bust.
We're not supposed to think outside the box: But here is a prediction ... Many people ARE.
The tribes of Europe are increasingly furious, just as we predicted long ago. Again, there is under-reporting but we keep track of both riots and secession movements. Spain, especially, is splitting apart and the social fabric in Greece, France, Italy and Portugal is increasingly threadbare.
The plan – as enunciated by top EU leaders over the decades – was to create a crisis that would result in the efficient creation of a greater political union. Instead, what we call the Internet Reformation has exposed these plans and made their implementation more difficult.
It is hard to engage in a conspiracy when everyone is well aware of its existence and implementation.
Europeans are not supposed to think outside of the guidelines being set by Reuters and other mainstream media.
Sour economy/central bank easing.
The solution to the problem leaves intact the facilities of those who created the problem in the first place. But that doesn't mean they are being accepted.
Conclusion: The longer Europe's economic crisis drags on, the less the solutions of Money Power shall be welcomed or accepted. The dialectic has been established and promoted but increasingly Europe's seething tribes are simply rejecting it. This is a problem now and a crisis tomorrow.
Posted by Danny B on 02/26/13 12:24 AM
"EU Sees More Shrinkage"
Gee, I wonder why. Spain spent 80% of their SS fund to buy sovereign debt. They are soon to have Argentina without the pampas.
Posted by speedygonzales on 02/24/13 06:15 AM
Correa's and Ecuador's Success drive The Economist Nuts
Click to view link
Power elites are screwed up between 2 mill stones. Everyone who is exposing real face of power elites, not to mention to show taht there is the way out of slum without power elites, became heretic and gotta be burned to the ground.
Posted by speedygonzales on 02/24/13 05:31 AM
Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism
Ha-Joon Chang is a South Korean economist currently teaching at Cambridge University, as well as a follower and friend of Nobel laureate Joseph Stiglitz, whose main areas of interest are development economics and international trade. His books have had considerable impact in the developing world: Rafael Correa, the current Ecuadorian president, cited Dr Chang as his main influence for economic policy.
Ecuadorean President Rafael Correa said his party likely won three-quarters of the seats in Congress in last weekend's election and vowed on Wednesday to "steamroll" through reforms that will make his socialist model irreversible.
Basically there is not much new, Chang reinvented policy of Silvio Gesell and Gottfried Feder. Whoever will follow this policy will win. All other economic dogmas leads to hell by the way on the dark desert highway...
Reply from The Daily Bell
Nope. Systems that fix the price of money and put a small clique of people in charge of handing out that money to the "people" are a precursor to authoritarianism, totalitarianism and their inevitable corollary ... genocide.
Posted by Danny B on 02/22/13 11:47 PM
Lets see; 19 million unemployed,,, car sales crashing through the floor. Hollande seems to have disastrous policies.
Click to view link
Germany is the last-man standing. There is scuttlebutt that they will align with Russia.
Mish says that the have 2 choices;
One way or another Germany will pay a huge price.
These are the only two eurozone recovery options
1.Germany gives (not lends) more bailout money to the rest of Europe
2. The eurozone breaks up
Meanwhile GEAB is predicting that ALL of the banks will be cut loose,,, like Iceland.
Click to view link
Posted by EBS on 02/22/13 07:10 PM
When Were Our Governments Corporatized?
It all started with the introduction of the Reserve Bank system. When the Federal Reserve Act was implemented in the United States in 1913, Congressman Charles Lindberg warned the US Congress in a Congressional Record dated, December 22, 1913 (vol. 51) that an inevitable consequence of instituting the Federal Reserve system was that - using their power to inflate and deflate an economy - corporations would take control.
In Congressman Lindbergh's words: 'From now on, depressions will be scientifically created'.
And they are. In 1929s, the 'Powers That Were' deliberately crashed the stock market. How? Fluctuations in the stock market are driven by emotion. Prior to the 1929 crash, excitement was created in the market which created a period of inflation. Those in control unloaded their holdings at premium prices, then created a panic in the market. And as prices plummeted, they bought back their holdings at fire-sale prices - and eliminated their ailing competition in the process.
In short, the Great Depression was artificially generated so the large corporations that controlled the stock market could profit from lending governments the money required to recover from its orchestrated collapse. Sovereign nations were ultimately forced to sign onto debt agreements which, by their nature, could never be paid off. And as national debts began to mount, the 'slavery by debt' paradigm was formalized…. and corporations took control.
Today, Corporate Governments continue to masquerade as real government. The Reserve Bank system (which now dominates western economies) continues to drive periods of 'market-boom' and 'market-bust' by strategically tightening and relaxing the supply of money and credit. The current Global Financial Crisis is a perfect example. And all the while, establishment Media plays its part by influencing the emotion of the stock market and facilitating political untruths.
But the complex campaign undertaken by the OPPT has forced the corporate system into foreclosure. All corporations, including Government and Banking systems, have been rendered extinct using their own mechanisms of commercial regulation. Lawfully speaking, it's a case of out with the old trusts and in with the new!
Click to view link
So Is This The 'Overthrow Of Government'?
No - it is the overthrow of the corporations who have until now masqueraded as government. If you understand that 'governments' are actually corporations that have overwritten the constitutions of sovereign nations by stealth, their demise can only be seen as long overdue.
The fraud of government is real. And finally - by their failure to rebut the UCC claims - the entire corporate government complex stands guilty of fraud, treason and slavery. By international law, the OPPT has the right to claim remedy on behalf of the One People for those crimes. They chose to foreclose on and terminate the corporations, banks and governments responsible, and to confiscate all assets and infrastructures of these entities - including all the gold and silver held as assets by the banking system - and place them in the hands of the One People.
Don't think of it as an overthrow, think of it as the recovery of stolen property. The actions of the One People's Public Trust essentially reclaim what is ours, as sovereign beings of this planet. Universal Law, Common Law and the UCC are now the governing law of the planet.
(I will later describe in detail the mechanisms implemented by the OPPT to replace the necessary functions of governance).
UCC: The Bible Of Commerce
The UCC is the 'bible' of commerce; it precisely dictates the manner in which international trade and commerce should be enacted. In fact, the entire commercial system pivots around UCC law. If your mortgage is foreclosed on or your car is repossessed, the bank uses the UCC process to do so.
But UCC law is not taught in law schools. It remains the domain of corporations and their operatives, who train their legal-department employees in UCC law as required - thus keeping the knowledge of this important mechanism 'in house'. But one of the trustees of OPPT was professionally involved in UCC law for some time, and understands intimately how the 'Powers That Were' manipulated the UCC to control the United States financial system at a very high level.
UCC expert, mother, and OPPT spearhead Heather Ann Tucci-Jarraf used the foreclosure of her own home as a test case. She challenged the foreclosure through UCC process, and in doing so discovered - put very simply - that the U.S. court system invariably supports the corporate system.
Not surprising really, given that 99% of our laws relate to ownership… or commerce.
After exercising extreme prudence, the OPPT concluded that the corporations operating under the guise of the people's governments and financial systems were committing treason against the people of this planet without the people's knowing, willing and intentional consent. The final report from the investigation can be found here.
So… in order to foreclose on 'the system', the Trustees of OPPT set a trap using the legal structure provided to them BY 'the system'.
How Did The Trustees Achieve Foreclosure?
The OPPT is managed by Trustees Caleb Skinner, Hollis Randall Hillner and Heather Ann Tucci-Jarraf. The OPPT was created when the Trustees bonded themselves to - and as a result resumed - the trust that was framed in the original US Constitution of 1776; the constitution that was abandoned when the United States government was corporatized in 1933.
Click to view link ... to read more
Posted by EBS on 02/22/13 07:02 PM
1) Governments are/were Corporations. The Corporate Government phenomenon is not only demonstrated by the way 'governments' behave as Beneficiaries (not as Trustees) of the government Trust, but the paper-trail also proves it! The United States, Canada, Australia, The United Kingdom, France, Italy, Brazil, Japan, South Africa…. and the list goes on…. all are US-based corporate entities, registered as such with the United States Security & Exchanges Commission… and operating as such at our expense. 'The system' is oligarchical in nature, in that it is geared only to profit 'the few' while the rest of us work to support it.
2) Persons are were corporations: At birth, a birth certificate application is signed by your parents which is used by Corporate Government to commence a Trust in your name. This Trust is used as collateral, and a collateral account is created and funded in your name. You are the Beneficiary of this Trust… but no-one tells you it exists. If you do not complete a Will by the age of 7, Corporate Government declares you deceased - under admiralty law of all things! - and you are officially considered by the system to be 'lost at sea'. Seriously. Corporate Government then assumes financial control of your estate, and they - aware that most of us do in fact live beyond 7 - continue to treat us as living slaves. The funds generated by monetizing your life - using you as collateral - are loaned to you when you apply for bank finance, mortgages etc. You are then forced to work to repay those funds - plus interest - back to the system. Legally, you have no rights because you're considered 'dead' by the age of 7. You lose.
3) Mass media is the tool used by Corporate Governments to deliver propaganda directly to your home. It is used to manipulate public perceptions of Corporate Government actions and inactions, to reinforce social norms, limits and behaviours, and to sell you crap by creating a 'need' and then providing you with a product to fulfill it. And it isn't limited just to Media; the psychology of the 'old' paradigm is reinforced through educational and religious institutions as well.
Corporations, Governments and Media all tell the same lies. They are all part of the same beast.
4) As a result, the world's economic structure is was a mechanism of mass slavery. Slavery is a system under which people are treated as property, and are forced to work. Slaves are held against their will from the time of their capture, purchase or birth, and deprived of the right to leave, or to refuse to work.
You were born into 'the system' without any say in how it works. You were raised and taught to contribute to the system. You must work exhaustive hours in the system, and you must pay taxes to the system. You must adhere to the rules of the system - most of which relate to property and ownership - or you will be punished by the system. By design, the system will deliver abundance only to a select few, and many others will go hungry. But if you don't like it, you cannot leave the system. The system 'owns' everything, everyone and everywhere.
Until now, you had one option: play along. It's like living in a casino with no exit. And the house always wins.
Click to view link
Posted by daddy warbucks on 02/22/13 03:02 PM
I don't think there is enough (if any meaningful)focus on the UN, it's many agencies and the major, insidious role it is playing in the designed world collapse into the NWO.
The UN and it's 'agencies' must be exposed, audited, de-funded and kicked out of every country.
Here are a few insights (watching the entire series is highly recomended, you can put the 'Christian' references aside if you want, but watching it for the history of the UN, if nothing else, would be enlightening):
Know Your Enemy (Part 65 - The World Core Curriculum)
youtube: Know Your Enemy (Part 66 - Alice A Bailey)
(Part 67 - The War on Parents)
We are supplying the world's libraries with thousands of Kindles at $6,000 EACH! Google it.
We have been refurbishing and building mosques worldwide (mosque building has increased 75% in the US since Obama's 1st election). There are countless foreign recipients of our taxes. We bailed out the European banks/bonuses after the original 08 collapse. It's all connected.
The IMF & World Bank are UN agencies (google it) & it's sovereign eating un-elected dictator technocrats are UN agents.. pay no tax. Do you think the UN is there for you? Do you think they will tell you the truth about AGW while pushing a world gun treaty and world carbon taxes?
I sound like a broken record on this but knowing the game is the only way to stop them.
People need to become aware of the the other giant (actually behemoth) vampire squid, costing the US/world citizens dearly -the UN and it's countless agencies.
'In fact, her IMF salary of $467,940 plus an $83,760 additional allowance is not subject to any taxes. See Christine Lagarde, Scourge of Tax Evaders, Pays No Tax. No taxes is the norm for most United Nations employees ... '
Wikipedia how many UN agencies there are - including the 'World Tourist Agency'. You may soon ask the UN's World Health Organization (WHO) how a weaponized man made flu virus may now be released in some parts of the world. (I'll keep updates on this). I think they may try to bring in the NWO with medical masks, not guns.
Time to reject more taxes, vote out BOTH parties unwilling to reduce the size of government, repeal all unconstitutional laws and regulations, de-fund related domestic and foreign agencies repugnant to the US Constitution, audit the UN and what exactly is it's agenda? - Agenda 21 for starts.
The US regulatory agencies and Obama's 32 czars are working more for the UN than for the American people.
UN also back door funded? The EPA awarded a $2.5 million grant (US citizen's taxes) to the UNU Institute for Sustainability and Peace (UNU-ISP), where the fek did the EPA get that money while people are still homeless and freezing in N.J.?…you've been taxed to fund UNU and maintain it's complexes since 1972, how's that 'sustainablility and peace' going, and your fancy offices? How many of these UNU professors & administrators are now retired with tax funded pensions? For accomplishing what?
The EPA is about to destroy home ownership:
I would love to be a 'fly on the wall' at the next Blackstone meeting after they get wind of this:
"Additional costs will be added to how new homes are built, whereas the sales of older homes can be stopped in their tracks until they meet stringent government codes."
"The new federal EPA, HUD and DOE home regulations filter down to local inspectors who are required by law to impose them or fail the home inspection. Unnecessary and unreasonable code can be imposed on homeowners who find they 'can't fight code.' There is virtually no appeal."
'…the Environmental Protection Agency will have power to force many homeowners to virtually rebuild their homes to meet stringent environmental requirements before they can sell them. Living in a house that does not meet the EPA's 'green' regulations for roofing, windows, doors, insulation or heating and cooling systems will be slapped with fines. Electrical companies are now installing 'smart monitoring systems' to track usage of energy by residents.'
This is part of a much bigger plan, when thousands of people are forced to 'walk away', and that includes the hedge funds like Blackstone that have been buying thousands of single family homes, the federal government will 'have no choice' but to seize the properties (Agenda 21). IMHO
Homeowners vs. EPA Home Invasion
Posted: 11 Feb 2013 04:02 PM PST
By: Sharon Sebastian
And this, it just goes on and on:
Facebook managed record profits of roughly $1 billion for the full year. Despite its huge profit in 2012, Facebook will pay no federal or state taxes on its income - in fact it will get a $429 million refund instead, thanks to a tax reduction for executive stock options. Fox News reports that Facebook will continue to get huge tax breaks totaling about $3 billion in the coming years, as well.
Uh, excuse me? WTF? NO WONDER THE WORLD IS GOING BROKE!
I believe FB is on it's way to get absorbed into the 'world banker elite controlled tax exempt supranational sovereign collective' and we'll soon see a UN 'World Facebook Agency' probably with some other (green, sustainable, smart, common good ish) name to make the masses believe it's for their own welfare
The USA, along with the EU, is well on it's way to be like the Communist Party in China, if your part of the 'party'(NWO) you have wealth, power, privilege and services, if your not part of the party you are allowed to live as long as you remain a harvestable resource.