Wednesday, October 13, 2010

Times are Changing

There is a debate about greenbackers and goldbugs. We all agree that the Federal Reserve should be extinct. I'm more titled to the Greenbackers economically. There has been a debasement of the dollar. Some believe that the FED may end its reign according to Black Swan author Nassim Taleb plus others. Now, it's time for more solutions to America's currency. This is an important issue. I don't beliee in a global currency. The elite via the Federal Reserve (along with other foreing private central banks and the IMF) have had plans for a global currency. This isn't conspiracy fiction. The IMF pushed for the Bancor global currency as exposed by Lew Rockwell (even though I don't agree with him on every issue). There is a recent international currency war. Some want to use this to create some currency for international trade. The elite want more centralized control. There is the currency debate in America. Some want a Greenback approach and other wants the Gold Standard approach. The Gold standard lover Gary North (who wrote "Honest Money") use many false accusations against Ellen Brown. Ellen Brown is a Greenbackers and wrote her book called "Web of Debt." North used sample in her book to compare her agenda to Hitler since she believes in a public bank. North is a liar of course since it was Hitler that hated unions, hated gun rights, and hated civil liberties. North claimed that the Greenback movement is fringe. Regardles of what the lies of Gary North claims (who is a Dominionist I might add), the Constitution allows money to be executed by Congress. Anthony Michgel rebutted North. Interest bearing gold currency alone don't work. The banking elite have always promoted a gold currency and it didn't work since gold can be volatile in its price level. Interest free money (that's printed debt free by the government or via interest free credit via private organizations or by the State) is proven time after time again. The FED is a corrupt group. North is arrogant to assume that people in the liberty movement are ignorant of economics. Ellen Brown's public banking movement have worked in the state bank of North Dakota (It has the lowest unemployment and the only budget surplus of the United States). We oppose the FED since it's not even constitutional and it exists as a private monopoly (that rules our financial security). Fractional based money backed by gold can still have high debt. Big international bankers use interests in a profit motive privately to control nation and driven wars. . 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. Gold is a limited resource and peopel can hoard it. Congress can control banking since Congress is made up by and for the people. Goldbug extremists don't want fiat currencies, but don't see the motive behind the interest and supply manipulators. I certainly don't agree with a debt-based, private monopoly controlled, and fractional reserve lending system. I believe in a debt free economic system wherefore Congress controls the amount of currency in circulation. The physical economy has value. That is why we need to have back up food, clothing, shelter, weapons (to protect your family not only yourself), etc. (and be willing to help others if they need it. That's apart of God's commandment you know).





People have exposed Planned Parenthood for years now. Maafa21, Blood money, and other documentaries have exposed the abortion/eugenics industry in the world today. There are then and now eugenicists and racists in the mainstream, corporate abortion movement. It's an industry too. The elite created the transcontinental slave trade. Once the Civil War ended, they tried to control populations worldwide (like black people, people of color, poor white people, etc.) by utilizing these specific agendas of eugenics, forced sterilization, and abortion (They been promoting abortion explicitly in the USA since the late 1800's, especially in New York state) to harm & control fellow human beings. Certainly, these actions by the elite are done in order for them to try to get the common people down in terms of power. Even a black woman told an interviewer found in the Maafa21 documentary that she was forcefully sterilized by the State of North Carolina's Eugenics Board. This board was funded by Clarence Gamble. Gamble was one of Margaret Sanger's top donors. Sanger admitted in her autiobiography that she gave speeches to the Klan. Today, her name is used to give our awards. If another regular person went into one Klan rally even now, that person's political career is over. Yet, Sanger is treated like a goddess. The African American Journalist Samuel Yette was fired by Newsweek after his book "The Choice" came out. That book exposed how eugenics was being used by the elite in order to encourage black genocide. Former Planned Parenthood President Alan Guttmacher is also a former VP of the racist American Eugenics Society. Also, pro-abortion extremists say that they or Pro-Life heroes are trying to make people like me (who are black. I'm black) to be Republicans. That's silly, because there are many liberals, libertarians, vegans, etc. that exist in the world are pro-life. Most of these folks aren't Republicans at all. I'm not a Republican. I'm an Independent. There is nothing wrong with a safety net, real wages, solutions to the problem of AIDS in our community, and economic justice. So, many pro-life people discuss a wide spectrum of issues. Yet, destroying babies arbitrarily in the womb on demand is disturbing and evil. Also, no baby is unwarranted since all babies have that equal value and the possibility to make the world a better place. Also, programs should exist to help women suffering economically with pregnancies. This is why I support a social safety net. Also, many pro-abortion people are racist by saying that when a black women is pregnant, the the black race doesn't take on the responsibilities and risks. That's false since any pregnant person regardless of race should be treated with respect and tons of people in the black community take care of their responsibilities among pregnant people, etc. Not to mention there are cowardly men trying to force women to have an abortion. The evil left gatekeepers wanted this killing babies culture all along. We know that the reactionaries are wrong and we can refute their arguments easily. That's them. Although, the liberal establishment use deception in order to make killing babies in the womb as some glorious act (after the Civil Rights Bill was passed. They used the legitimate greivance of promoting civil rights as an excuse to promote cultural destruction, Ecumenicalism, and the false colorblind mentality. They want us to disregard our ethnic identities for the sake of being politically correct or adhere to social acceptance to a slave master culture. They or the elite wanted us to assilimate from overt slavery to mental slavery in a corporate system. Once when you're in the Matrix of the evil culture, it's hard for some to leave. Yet, I won't false for their tricks. While, they did this, economic disparities among rich and the poor have increased, materialism have increased, and self hatred have only increased. Thank God I know how to care of myself, but other brothers and sisters are suffering and they need our help). When is randomly destroying babies apart of choice or reproductive freedom when abortion by its very definition ends choices among human life? It isn't. Abortion shed innocent blood. Eugenics have murdered innocent people as well. Pregnancy resource centers have programs, help, and other actions that help pregnant women (regardless of what anti-life liars say).



There is new 9/11 footage that reveals WTC 7 Explosions. The NIST wanted to keep the new footage secret. It appears to show sounds of explosions. They exist from the vicinity of WTC 7 after the collapse of the twin towers. It is more evidence that the Builing was deliberately imploded when no plane hit it. NIST or the National Institute of Standards and Technology released the video. This was doen in response to a lawsuit brought by the International Center 9/11 Studies. Almost every single video studies as part of the release thus far contains damning evidence of controlled demolition on both the twin towers and WTC 7. The fact that the NIST dragged their feet for so long in an attempt to block the release of these highly incriminating videos clearly indicates that they were part of an attempted cover up. In addition, the fact that some of the videos appear to have been edited in an effort to hid evidence of controlled demolition is another smoking gun. Eyewitness Richard Peskin had footage filmed ground zero from a high rise building. It look to be about a dozen blocks down the street from Building 7. The first part of the footage is filmed immediately after the collapse of the 2nd tower of the World Trade Center. At about 10 seconds into the clip, two clear explosions can be heard. The clip then cuts to a later and the cameraman stated that: "...explosion or something because there’s a lot of police activity and sirens and more smoke rising from the ground – new smoke – so there was some kind of additional explosion but I don’t know what it was….maybe it was a federal building or something like that,” as the camera pans across a shot of WTC 7. In 11 am., there was Perskin hearing explosions and small explosions are heard in the background. This was in the time when the collapse of the north tower of the WTC came about or an hour after the collapse of the south tower. There was a louder rumbling explosion in 1:49 in the clip. The NIST sat on the footage for months even after a FOIA request came. It took a lawsuit from the International Center for 9/11 Studies to get the clip. It clearly indicates that the organization wnated to keep the sound of explosions coming from the vicinity of WTC 7 out of the public record. The filming of the scene was from the location of the WTC collapse. The video has the sound of secondary explosions. In another clip released as part of the same lawsuit, a loud, low-frequency boom can be heard just before the east penthouse of WTC 7 falls. Once the support columns that held up the penthouse are taken out, the rest of the building falls almost within its own footprint. The collapse of the penthouse is edited by ohter clips released by NIST. Some accused of editing of the footage according to the International Center for 9/11 Studies. The NIST is covering up evidence of explosions preceding the collapse of WTC 7 for some reason. The 9/11 Commission completely ignored the hundreds of survivors, professionals, first responders, firefighters and police who reported numerous secondary explosions at all levels of the twin towers and WTC 7. NIST's final report on the WTC 7 concluded that the never before observed new phenomenon of thermal expansion was to blame for the destruction of the building. A completely ludicrous conclusion in a report that completely ignored eyewitness testimony and hard evidence that indicated deliberate demolition of the structure. The collapse of Building 7 was reported before it happened by several news stations including BBC and CNN. Barry Jennings talked about a big explosion that blew him to the 8th floor. Former NYPD officer Craig Bartmer was in the immediate vicinity of Building 7 before its collapse at approximately 5:20pm. Building 7 had other EMTs and first responders being deliberately demolished. Larry Silvertein was considering blowing up Building Seven. Washington D.C. prosecutor Jeffrey Scott Shapiro was at ground zero on 9/11 working as a journalist reported earlier this year. Silverstein was on the phone to his insuracne carrier attempting convince them that the building should be brought down via controlled demolition. Shapiro wrote that: “Shortly before the building collapsed, several NYPD officers and Con-Edison workers told me that Larry Silverstein, the property developer of One World Financial Center was on the phone with his insurance carrier to see if they would authorize the controlled demolition of the building – since its foundation was already unstable and expected to fall.” Shapiro let the cat out of the bag when he admitted that Silverstein wanted the building to be demolished. In February of 2002, Silverstein Properties won 861 million from Industrial Risk Insurers to rebuild on the site of WTC7. Silverstein Properties’ estimated investment in WTC 7 was $386 million. This building’s collapse alone resulted in a payout of nearly $500 million, based on the contention that it was an unforeseen accidental event. More evidence proves that the WTC7 fell by a controlled demolition. NIST is trying to cover up information to hide evidence that Building 7 fell by a controlled demoliton. A controlled demolition minimized the damage of the Building according to Shapiro.



There is a voluntary suspension of foreclosures. This is done to view the carless procedural errors. Conscientious banks have been lax in trying to correct these problem. Gretchen Morgenson (from the NY Times) said that this problem is apart of flawed paperwork. Some point to fraud instead of just sloppiness. Some foreclosure mills used fake documents instead of legitimate paperwork. These errors involve perjury and forgery -- fabricating documents that never existed and swearing to the accuracy of facts not known. Some have called this scandal "Foreclosuregate" like Karl Denninger from Market Ticker. Diana Ollick of CNBC calls it “the RoboSigning Scandal.” On Monday, Ollick reported rumors that the government is planning a 90-day foreclosure moratorium to deal with the problem. People desire investigations after JP Morgan Chase, Bank of America, and GMAC (all 3 mortgage issuers) voluntarily suspended thousands of foreclosures. The Ohio General Richard Cordray said that he is filing suit against Ally Financial and GMAC (for civil penalties up to $25,000 per violation for fraud in hundreds of forclosure suits). These crimes were called technicalities and swep under the rug. The securitization process is corrupt. DocX is the technology that deals with the network of foreclosure mills. There are prices for things like cure defective assignment for $12.95, etc. In other words, you can't recover what doesn't exist. There is no original note. The mortgages in question are securitized or turned into MBS (or the Mortgage Backed Securities). It's sold to investors. Usually, MBS are polled into a special purpose vehicle called REMIC (or the Real Estate Mortgage Investment Conduit). REMIC has strict requirements under the U.S. Internal Revenue Code or the Tax Reform Act of 1986. In many economic documents, you have the original of the note (the borrower IOU), copies of the mortgage (the lien on the property), the securitization agreement, and title insurance. The REMIC holds the mortgages in trust and issues securities representing an undivided interest in them. Denninger said that the mortgages pooled into REMIC Trusts as a tax avoidance measure (and to .qualify, there must be paperwork that is conveyed to the trustee of the REMIC in the year the MBS was created. This wasn't done). The time limit allowed under the Tax Code passed, so these conveyances can't be created.  Some believe that the documens were lost, so they couldn't be audits and inestors sold fraud (like a package of toxic subprime loans very prone to default). Some see the problem as dealing with tranches. Trances is when according to Steve Leisman from CNBC in June 29, 2007 that: "...Watch, we’re going to make some triple A paper out of this. . . Now we have a $1 billion vehicle here. We’re going to slice it up into five different pieces. Call them tranches. . . . The key is, they’re not divided by “Jane’s is here” and “Joe’s is here.” Jane is actually in all five pieces here. Because what we’re doing is, the BBB tranche, they’re going to take the first losses for whoever is in the pool, all the way up to about 8% of the losses. What we’re saying is, you’ve got losses in the thing, I’m going to take them and in return you’re going to pay me a relatively high interest rate. . . . All the way up to triple A, where 24% of the losses are below that. Twenty-four percent have to go bad before they see any losses. Here’s the magic as far as Wall Street’s concerned. We have taken subprime paper and created GE quality paper out of it. We have a triple A tranche here..." Some solutions include for the borrowers to track down the real lenders or inventors (and go after the fake lenders' money that they ahve recieved unjustly) to demand accountability. People cna sue the bad securitizers as well. Some want to have the federal government to break up banks if they pose a grave risk to the finanical system. CNBC’s Larry Kudlow calls it “the housing equivalent of the credit financial meltdown,” something he says could “go on forever.”  Some want a bank holiday (as found in Prof. Randall Wray and Eric Tygmoine's academic paper called, "It Isn't Working: Time for More Radical Policies"). They believe that insolvent and failing banks shouldn't be saved. This holiday is when the largest banks and shadow banks are examined by people of their claims. TARP II including a bank bailout by taxpayers won't work long term. No bank is too big to fail. People want giant banks to be broken, so pubicly owned banks and community can serve the community, consumers, and businesses better than Wall Street is doing.




People realize that Ronald Reagan was a deception. His Presidency conclusively proves that laissez faire capitalism or trickled down economics don't work to decrease massively poverty in America. 138 Reagan administration officials have been indicted or convicted of criminal actions. E. Bob Wallach, close friend and law classmate of Attorney General Edwin Meese, was sentenced to six years in prison and fined $250,000 in connection with the Wedtech influence-peddling scandal. Carlos Campell was the Assistant Secretary of Commerce and he resigned over charges of awarding federal grants to his personal friends' firms. Reagan in 1979 claimed that 80 percent of air pollution comes from chimneys and auto exhaust pipes, but from plants and trees. Reagan funded the FMLN that killed more than 80,000 civlians in the war on Communism (the supplies came from the School of the America's at Fort Benning, Georgia).

By Timothy

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