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Showing posts with label Bancor. Show all posts
Showing posts with label Bancor. Show all posts

Friday, October 15, 2010

Deliberately Engineered Economic Collapse in USA Leading to Martial Law

Phil Brennan
October 15, 2020
With the US Government preparing to seize private and public pensions in order to bankrupt the American People and bring them down into poverty as part of their Full Spectrum Dominance plans, the risk of American society collapsing into anarchy and rioting is extremely high over the next few months. Plans have already been in place for the past twenty-six years with Rex 84 to bring the USA under Martial Law in such an eventuality. The Military have been training extensively over this time period specifically to take on the American people with the National Level Program of army exercises. National Level Exercises 2010 (NLE10) have had exercises in Chicago, Illinois, entitled “Operation Vigilant Guard”, where foreign troops were training with the US Military to take out Patriots and confiscate legally held guns from the American people.
In a PrisonPlanet.tv special video report with Rob Dew and Jason Douglass, Operation Vigilant Guard is well documented:
“…The National Guard told the media that foreign soldiers would be “observers,” but as this Prison Planet.tv exclusive video reveals Polish soldiers participated in the activities, including a raid on what appeared to be a meth lab but is described as a weapons of mass destruction facility.
Operation Vigilant Guard reveals the on-going effort to not only destroy Posse Comitatus — once upon a time designed to prevent the military from working with state and local law enforcement — but the globalist effort to incorporate foreign “partners” into any future effort to impose martial law and gun confiscation in response not only to hurricanes but a contrived terrorist event…”
This is the final phase in the DDCN Doctrine of Demoralisation, Destabilisation, Crisis and Normalisation, ready for the Bancor to be brought in as the One World Currency, with a totalitarian One World Government regime.
In order for this hostile takeover to be successful, they have to first destabilise any potential resistance before the Crisis phase is fully enacted. This is why the Southern Property Law Center, under the auspices of the Department of Homeland Security, are doing everything in their power to demonise Patriots and Constitutionalists, the Tea Parties and Veterans, Gun Owners and Libertarians – These people will be the first into the breach to resist tyranny. Meanwhile, the MIAC Reports and the Department of Justice are also trying to character assassinate large swathes of American society, as well as the Feds targeting disgruntled veterans.
As the Crisis phase swings into full economic melt down, the US Military will take over more and more of the infrastructure as cities can no longer afford to employ staff. The ability to do this has already been listed in several Presidential Executive Orders:
EXECUTIVE ORDER 10990 – allows the government to take over all modes of transportation and control of highways and seaports.
EXECUTIVE ORDER 10995 – allows the government to seize and control the communication media.
EXECUTIVE ORDER 10997 – allows the government to take over all electrical power, gas, petroleum, fuels and minerals.
EXECUTIVE ORDER 10998 – allows the government to seize all means of transportation, including personal cars, trucks or vehicles of any kind and total control over all highways, seaports, and waterways.
EXECUTIVE ORDER 10999 – allows the government to take over all food resources and farms.
EXECUTIVE ORDER 11000 – allows the government to mobilize civilians into work brigades under government supervision.
EXECUTIVE ORDER 11001 – allows the government to take over all health, education and welfare functions.
EXECUTIVE ORDER 11002 – designates the Postmaster General to operate a national registration of all persons.
EXECUTIVE ORDER 11003 – allows the government to take over all airports and aircraft, including commercial aircraft.
EXECUTIVE ORDER 11004 – allows the Housing and Finance Authority to relocate communities, build new housing with public funds, designate areas to be abandoned, and establish new locations for populations.
EXECUTIVE ORDER 11005 – allows the government to take over railroads, inland waterways and public storage facilities.
EXECUTIVE ORDER 11051 – specifies the responsibility of the Office of Emergency Planning and gives authorization to put all Executive Orders into effect in times of increased international tensions and economic or financial crisis.
EXECUTIVE ORDER 11921 allows the Federal Emergency Preparedness Agency to develop plans to establish control over the mechanisms of production and distribution, of energy sources, wages, salaries, credit and the flow of money in U.S. financial institution in any undefined national emergency. It also provides that when a state of emergency is declared by the President, Congress cannot review the action for six months. The Federal Emergency Management Agency has broad powers in every aspect of the nation. General Frank Salzedo, chief of FEMA’s Civil Security Division stated in a 1983 conference that he saw FEMA’s role as a “new frontier in the protection of individual and governmental leaders from assassination, and of civil and military installations from sabotage and/or attack, as well as prevention of dissident groups from gaining access to U.S. opinion, or a global audience in times of crisis.” FEMA’s powers were consolidated by President Carter to incorporate the…
EXECUTIVE ORDER 11310 – grants authority to the Department of Justice to enforce the plans set out in Executive Orders, to institute industrial support, to establish judicial and legislative liaison, to control all aliens, to operate penal and correctional institutions, and to advise and assist the President.
EXECUTIVE ORDER 11049 – assigns emergency preparedness function to federal departments and agencies, consolidating 21 operative Executive Orders issued over a fifteen year period.
EXECUTIVE ORDER 12148 – created the Federal Emergency Management Agency to interface with the Department of Defense for civil defense planning and funding. An “emergency czar” was appointed. FEMA has only spent about 6 percent of its budget on national emergencies. The bulk of their funding has been used for the construction of secret underground facilities to assure continuity of government in case of a major emergency, foreign or domestic.
EXECUTIVE ORDER 12656 – appointed the National Security Council as the principal body that should consider emergency powers. This allows the government to increase domestic intelligence and surveillance of U.S. citizens and would restrict the freedom of movement within the United States and grant the government the right to isolate large groups of civilians. The National Guard could be federalized to seal all borders and take control of U.S. air space and all ports of entry.
EXECUTIVE ORDER 12919 – Collects EOs 10995, 10997, 10998, 10999, 11000, 11001, 11002, 11003, 11004, 11005 and 11051 together into one new Executive Order.
National Security Act of 1947 – allows for the strategic relocation of industries, services, government and other essential economic activities, and to rationalize the requirements for manpower, resources and production facilities.
1950 Defense Production Act – gives the President sweeping powers over all aspects of the economy.
Act of August 29, 1916 – authorizes the Secretary of the Army, in time of war, to take possession of any transportation system for transporting troops, material, or any other purpose related to the emergency.
International Emergency Economic Powers Act – enables the President to seize the property of a foreign country or national. These powers were transferred to FEMA in a sweeping consolidation in 1979.
As more and more Patriots become leaders in their communities, some will become targets for assassination through either Predator Drone strikes or Kill / Capture Teams, especially those who are fully aware of all that is going on geopolitically and are standing up against it. Do not be deceived – this is not for Islamic militants hiding out in caves, it is for theAmerican People.
With State Nullification and State Succession being openly discussed by many people who are either standing for office this November, or are supporting independent candidates, many of us are watching warily for signs of an October Surprise in the form of either another illegalWar of Trade, a False Flag Terrorism Event, or even, the fall of the Republic before the November elections even take place and the declaration of Martial Law.
As the Alternative Intelligence Community chatter gets louder concerning impending Martial Law, and sources are noting the mobilisation of the 82nd Airborne Division, Marshals being called for inter-state training exercises under suspicious circumstances, and various other signs that suggest the imminent declaration of Martial Law, we have decided to put the Martial Law risk to Severe.
By exposing these Martial Law plans, we Patriots hope to stay their hand long enough for the danger to pass. Things brought out into the light can be dealt with, while things hidden cannot be. Meanwhile, it is incumbent upon all Americans to vote in Constitutionalist candidates no matter what their political affiliations are. There are many independent Constitutionalist candidates standing for office against those currently in office who are trying to bring in the New World Order, candidates who once in office will hold the feet of Congress and the President to the fire on these issues.



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Tuesday, October 12, 2010

The After-the-Fed Solutions Debate Begins: Greenbackers Vs Goldbugs

Eric Blair

The battle to expose the Federal Reserve has been long and arduous. It finally appears that after nearly 100 years of absolute economic control and near complete debasement of the dollar, the Fed's reign may be coming to an end.  Its eventual demise is certain according to Black Swan author Nassim Taleb and others.  With all the recent mainstream talk and speculation about the end of the Fed, it is time to debate solutions for the future of America's currency.  This may indeed be the most important discussion of our lifetime.

First, we must be aware that the Federal Reserve along with other foreign private central banks and the IMF have long had plans for a global currency.  This is not conspiracy theory mumbo-jumbo anymore, but rather cold hard fact.  Lew Rockwell wrote an excellent article summarizing the IMF's push for a global currency -- the Bancor.  The recent international currency war may be the beginning of creating a false demand for something more stable for international trade.  As all major currencies race to the bottom, the private banking cartel will surely offer their global solution.  We know what their solution will be -- continued debt slavery with more centralized control -- but what will the people's solution be?



There seems to be another currency war brewing right here in America.  The debate between the two most popular proposed solutions of adopting the Greenback or theGold Standard has just officially begun. Last week, Gary North, a Goldbug and author of Honest Money, wrote a scathing attack of Web of Debt author Ellen Brown, a Greenbacker.  He took select samples from her book in an attempt to tie her public bank solution to Hitler, but failed to address the "interest-free" philosophy of her policy.  Despite that, he does manage to frame the Goldbug's argument against the Greenback, or public banking, as inferior:
Brown is a Greenbacker. She is open about this. Most people have never heard of Greenbackism. It has been a fringe movement in American political life ever since the 1860s. The Greenback Party in the 1870s was the first American political party to come out in favor of a pure fiat money economy, a paper money system controlled by Congress with currency irredeemable in gold coins or silver coins.
The Greenbackers are committed to paper money. They are opposed to any form of gold standard. They are opposed to fractional reserve banking. They are opposed to central banking, unless the central bank is 100% owned and controlled by Congress.
A rebuttal piece was then written by Interest-Free Currency activist Anthony Michgel in defense of Brown and the Greenbacker's where he goes after North and claims interest-bearing gold can never work:
What it is all about is the Goldbug people versus the Interest Free Money crowd. It is one of the most crucial debates around. As I have mentioned before both on this site and elsewhere, Gold is the preferred currency of the Banking Fraternity and they plan to reinstate it in their world currency, which is coming closer every day....
Because North has managed to do something profoundly dishonest and unwise. In this enormous article of his he actually does not mention the problem of interest at all.
This is so totally unfair to Brown’s work, because this is surely one of the most important aspects of her narrative....
Interest free money, either printed debt free by the Government or through interest free credit either by private organizations or again by the State, is simple, proven technology and centuries old.
Yes, many systems have been abused resulting in inflation.
No, interest bearing Gold is definitely not an acceptable solution.

Passions already seem to be running high in the opening round of this most critical debate that will surely shape the future of our economy and society.  Notably, both sides of this argument are in agreement that the Fed is a corrupt organization that must be ended.  North acknowledged that Ron Paul and Ellen Brown share this common ground, but says the Tea Party movement (liberty movement) has "no economic understanding" and "They cannot distinguish Ron Paul's opposition to the FED, based on the gold coin standard, from Ellen Brown's opposition, based on a fiat money standard. They are intellectually defenseless."

It seems a bit arrogant of North to suggest the liberty movement is confused about why Ron Paul and Ellen Brown support ending the Fed, and it's also disingenuous to say that one side of the growing movement is "intellectually defenseless" because of disagreements about the solution.  Especially when Brown's public banking movement appears to be immediately workable and is gaining ground with the first pragmatic step being to establishing state banks -- as proven in North Dakota -- who has a state-owned bank and boasts the lowest unemployment and the only budget surplus of the United States.
The public banking movement opposes the Federal Reserve, like Paul, because it is unconstitutional, but also for a variety of other intellectually defensible positions, starting with the fact that they are a private monopoly who care not for Americans or the country.  There are very real concerns that this group of banksters may maintain dominance of a gold-based system since they already have possession of most of the world's gold -- including much of the mining as well.  Furthermore, if they can continue to create money on a fractional basis -- even if backed partially by gold -- and can continue to charge and determine interest, they'll still possess the power enslave-by-debt people, industry, and entire nations.  Finally, the private profit motive of international banksters, driven by interest, has historically proven to encourage wars as evidenced by their funding of both sides of all wars.  This would also seem to give them dubious power to determine the outcome of those wars.


In turn, it's a given that the liberty movement supports the restoration of the Constitution which clearly states that the coinage of money shall be in gold and that only the elected Congress is authorized to issue and control it.  However, the Constitution says nothing of allowing a fractional reserve gold standard run by private bankers which is promoted by some Goldbugs.  Furthermore, some Constitutionalists still maintain the strange notion that the government should belong to the people.  Therefore, if we were able to restore the Constitutional principle for a government of, by and for the people, it would seem that interest-free currency issued and controlled by our elected government would be considered more constitutional than the current system.

It is true that gold has been valued in society for thousands of years and it will likely continue to maintain its terrific investment value for the foreseeable future. Gold clearly has a physical value derived from the incredible energy it requires to mine and refine it.  But gold, as a limited resource, is interest bearing and can be hoarded by those with the wherewithal to do so.  This would seem to suggest that gold could then be manipulated by the few who control vast sums of it.  And that sounds a lot like the economic tyranny we face today with the private Fed.

North attacks Greenbackers because they "are opposed to central banking, unless the central bank is 100% owned and controlled by Congress" as if to say, how dare the people demand ownership of their own currency.  It shows a blinding distrust for Constitutional government and obvious preference for private banking interests.  Goldbugs seem caught up on the fact that a unit of exchange must have intrinsic value, either backed by gold or as an instrument of debt, or both.  They feel so strongly that fiat currencies are utterly unreliable, but spend little time discussing the motive behind the interest and supply manipulators. Additionally, it is unfair to suggest that fiat currencies are not redeemable in gold as any widely acceptable unit of exchange can be traded for gold.  Currently, one can buy an ounce of bullion for around 1400 Fed-deflated U.S. fiat Dollars.

I don't want people to get the wrong impression.  I believe gold is a great investment, especially in these turbulent times.  And I also believe gold has a place in securing America's currency.  However, I worry that those who hold dear that a currency must be backed partially by gold to have legitimacy are susceptible to supporting a global currency if it includes gold as part of its currency basket.  Perhaps I'm naive, but I'm not sure why a combination of  the two solutions is not feasible, with interest-free paper Greenbacks redeemable in gold or silver, while also producing silver and gold coins for circulation -- all tightly controlled by Congress, not a private organization, as per the Constitution.  After all, Fort Knox is supposed to be the people's gold, right?

Let the debate begin.  Tell us what you think should be the best system to replace the Fed.  


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Monday, October 11, 2010

Currency wars are necessary if all else fails

The overwhelming fact of the global currency system is that America needs a much weaker dollar to bring its economy back into kilter and avoid slow ruin, yet the rest of the world cannot easily handle the consequences of such a wrenching adjustment. There is not enough demand to go around.


Ambrose Evans-Pritchard
Telegraph

Asian investment in plant has run ahead of Western ability to consume. The debt-strapped households of Middle America, or Britain and Spain, can no longer hold up the dysfunctional edifice. Asians must take over, or it will come down on their own heads.

The countries actively intervening in exchange markets to suppress their currencies – China, Japan, Korea, Thailand, even Switzerland, to name a few – are all too often the same ones that have the biggest trade surpluses with the US.

They are taking active steps to prevent America extricating itself from the worst unemployment since the Great Depression, now 17.1pc on the latest U6 index and rising again.

Each country is doing so for understandable reasons: Japan to avoid a deflationary crisis, China to hold together a political order that is more fragile than it looks. In both these cases they are trapped because they clung too long to a mercantilist export strategy, failing to wean themselves off American demand when the going was good.

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Tuesday, October 5, 2010

Call for new global currencies deal

Financial Times

The world’s leading countries should agree a new currency pact to help rebalance the global economy, a leading association of financial institutions has urged.

The Institute of International Finance, which represents more than 420 of the world’s leading banks and finance houses, warned on Monday that a lack of such co-ordinated rebalancing could lead to more protectionism. Charles Dallara, IIF managing director, said: “A core group of the world’s leading economies need to come together and hammer out an understanding.”

Last week, Guido Mantega, Brazil’s finance minister, warned of the dangers of a “currency war” as countries unilaterally intervened to prevent the appreciation of their currencies. The US has been pressing China to allow its exchange rate to rise faster, while several countries including Japan, South Korea, Brazil and Switzerland, have been intervening to hold their currencies down.

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RELATED ARTICLE:
Will the Dollar Rebound Before Being Dissolved into Global Currency?

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Thursday, September 30, 2010

Will the Dollar Rebound Before Being Dissolved Into Global Currency?

Eric Blair

Every time the dollar begins to decline, I wonder, "Is this it, is this the end to the fiat dollar?"  The fundamentals suggest that it should be finished, but just as the world is about to declare it dead, miraculously a global storyline seems to emerge just when needed and foreign investors rush back in for "safety."  A clear example was the steady drumbeat of a sovereign-foreign-debt war that resulted in reports of whether the Euro would even survive, while the dollar enjoyed a triumphant ride up victory mountain.

Since the "world" declared the Euro debt crisis saved, the focus has shifted to exposing America's deficit problems, which has led to the dollar collapsing to its 5-month low against the Euro. There seems to be a growing realization by foreign countries that a volatile dollar as the world's reserve currency is unhealthy for their nations and the global economy as a whole -- especially as it pertains to vital commodities like oil and food.  This increased awareness is causing foreign governments to invest more in other currencies, gold, and even vast stretches of agricultural land -- while beginning to advocate for a more stable global reserve currency.

Some are defining this volatility as all out "international currency wars." The Telegraph reported on Brazil's fears of a currency war:
Brazil's finance minister Guido Mantega has complained repeatedly over the past month that his country is facing a 'currency war' as funds flood the local bond market to take advantage of yields of 11pc, vastly higher than anything on offer in the West.
'We're in the midst of an international currency war. This threatens us because it takes away our competitiveness. Advanced countries are seeking to devalue their currencies,' he said, pointing the finger at America, Europe and Japan. He is mulling moves to tax short-term debt investments.
There seems to be little hope for the dollar rebounding as the Fed's quantitative easing not only continues, but must increase dramatically to make up ground from lost investors and higher deficits.  Can anything reverse the trend and boost the dollar once again? Perhaps the powers-that-be don't want the dollar to re-strengthen, as indicated by Stephen Lewis from Monument Securities in theTelegraph article, where he said: "The Fed is playing a risky game toying with more QE. There are already signs of investor flight into commodities. The danger is a repeat of the spike in 2008, which was a contributory cause of the Great Recession. Further QE at this point may prove self-defeating."

If history is any indicator, the only thing that may temporarily strengthen the dollar is another manufactured disaster, or global uncertainty, which may entice investors back to U.S. Treasury bonds because they're still widely considered the "safe haven" investment during a crisis. The U.S. is still viewed as the world super power and most innovative economy despite its current economic woes and insurmountable debts.  Therefore, during times of international crisis or collective doubt, the big institution investors tend to flock to the dollar, apparently under the assumption that America is best equipped to weather global storms.

Recent news that Ireland's sovereign debt needs a $40 billion bailout, along with the renewedausterity protests around Europe, or perhaps a major gold scandal may begin to reverse the dollar's decline once again.  However, the severely debased dollar is unlikely to rebound to previous highs given the international awareness of America's financial problems.  Understanding that the goal of the global elite is to move toward a global currency, ultimately they must kill the dollar and other major currencies.

When the world has suffered enough pain from maintaining the volatile dollar as the reserve currency, they will demand, if not beg, for something more stable.  The IMF is pushing to implement the Bancor, which has been introduced as the currency name for the basket of currencies called Special Drawing Rights (SDR).  In America, when the dollar reaches near worthless levels, the desperate public will likely grasp at any solution.  Much like during Katrina when the newly homeless were given ATM cards by the government, we may see the IMF roll out Bancor ATM cards. This will accomplish two goals of the agenda at once:  a global currency that is cashless.


Recent Articles by Eric Blair:
Banksters Inflate Speculative Food Bubble, UN Offers Global Governance Solution
Economic Collapse Leading to Privatized Police and Corporate Mercenaries
Secretive Executive Order Establishes 'Big Brother' Health Bureaucracy


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