Christmas Day News

The Federal Reserve is dealing with economic problems in America in their own ways. The U.S. Federal Reserve Board will begin to taper its program of QE or quantitative easing. QE is about the pumping of 1 trillion dollars a year into the financial markets as a means to signal more normal monetary policy. QE was soon found out to be a commitment of the provision of ultra-cheap money. It funded financial parasitism that brought untold wealth to the corporate and financial elites. There is still worsening social conditions for billions of human beings globally. The key decision was not the reduction in the asset purchasing program by $10 billion a month (this move will have little to no effect in the economy). It is the FED's continued commitment to maintain the federal funds rate in the range of zero to 0.25 percent. Previously, the U.S. central bank had indicated it would consider lifting the rate (the interest it charges on loans to major banks when the U.S. unemployment rate went below 6.5 percent). But in its statement last Wednesday, the Fed made clear that money would continue to be provided to the banks at virtually no cost “well past the time” the official unemployment rate went below that level—in other words, at least until 2015, and probably beyond. Financial markets duly celebrated the decision. The Wall Street's S&P 500 index reached a record high at the end of last week. It has risen by 27 percent in the year so far. The FED's policies so far has not massively boost growth in the real economy and created more jobs on a vast scale. It just continues the financial parasitism that has been a great part of the global capitalist economy. FED Chairman Ben Bernanke repeated on many times that the Federal remained highly accommodative. So, the banks and the major finance houses influence the political world. The extent of that accommodation can be seen in the expansion of the Fed’s asset holdings. Last week alone they increased by $14.1 billion, taking the total to $4 trillion—up from $870 billion in 2008. The Fed’s holdings of financial assets are now greater in size than the entire US budget and larger than the gross domestic product (GDP) of Germany, the world’s third largest economy. The FED has expanded its balance sheet. Bernanke suggested that a new financial crisis could come, because there is a rapid expansion of the Fed's balance sheet (along with the increased holdings of the Bank of Japan and the Bank of England. They are engaging in their own version of QE). “As the balance sheet of the Federal Reserve gets large, managing that balance sheet, exiting from that balance sheet, becomes more difficult,” he said. This is because any significant diminution of monetary stimulus, and consequent return to higher interest rates, means a fall in the value of the financial assets held by central banks, since interest rates and bond prices move in opposite directions. This poses the danger of significant losses. Early in 2013, there was research done by the IMF. The research found that there were the potential losses at 4 percent of GDP for the U.S. Fed, 7.5 percent for the Bank of Japan, and almost 6 percent for the Bank of England. A new financial crisis could come if it is created by the QE program itself. It would be even more severe than the meltdown of 2008. The world's central banks would be directly impacted if it came this year. We see financial assets growing rapidly, but the real economy is barely expanding. We see investment falling. There is growth in some markets and increased production, but lax investment. Last July, the Financial Times Lex column pointed to what it called “the depressed state of global corporate capital expenditure.” Even though companies were sitting on cash holdings estimated to be around $4 trillion, capital expenditure was expected to fall in real terms this year, and could even drop by 5 per cent in 2014. Capital spending is being hated on by some banks, hedge funds, and investment houses. Some corporations are using their cash holdings not for investment, but to finance share buybacks. This can boost share prices and create conditions for reaping increased profits via stock market trading. According to data released last week, US companies are spending more on buying back their own shares than at any time since 2008. The FED's policies are growing the economic cancer. That is why some want to end the status quo and create independent solutions like break up the big banks, allowing the people and the workers to control more of the economy, and ending the bad policies from the financial oligarchy.

When you research the information of the real world, you see the power structure. The power structure of the modern world uses think tanks, NGOs, and other organizations to stir the policies of neoliberalism and globalization. There are thousands of NGOs worldwide and many hundreds of influential people are in them. Think tanks have a key role in making policy decisions or elaborating on them. Their members establish links with government figures. Many of these think tanks leaders are members or have ties to the Pilgrims, the 1001 Club, the American Security Council, Le Cercle, and other like minded organizations. Joël van der Reijden made an excellent way to organize Western power structure into the Liberal Establishment (that deals with banking, commerce, and the State Department), the Conservative Establishment (that is focused on the Pentagon, the CIA, and other more reactionary establishment forces), the Vatican-Paneuropa network (filled with the Jesuits, Opus Dei, the Knights of Malta, etc.), and the Zionist establishment. The Liberal establishment has a strong influence on the Republican and Democratic establishment system in America. Also, Pilgrim Society members (one of the most powerful groups on the Earth today) dominated both parties spanning decades. The Pilgrims John Foster Dulles, Nelson Rockefeller, Dean Rusk, Cyrus Vance, Zbigniew Brzezinski, and others were in both Democratic and Republican Presidential administrations. Rockefeller interests dominate American politics too. The liberal Rockefeller establishment is both Republican and Democrat. The masses are encouraged to debate about creationism vs evolution, Medicare and tax rates, but when it comes to long-term foreign policy, from economic integration to the War on Terror, the same agenda keeps going no matter who is in office. Regardless of who is in office, now, the war on terror continues, foreign interventions occur, and the eroding of our precious civil liberties continues unhindered. Also, we should investigate the balance of power between the CIA elites, the State Department, and the international Zionist movement. The Republican Party is interesting to investigate too. The Republican Party is split now. They have the Rockefeller Republicans and a conservative wing. The conservative wing is divided among the neoconservatives (who are pro-Israel) and the old school traditional right wing (the problem is that this wing has been dominated by the CIA, the Pentagon, and the American Security Council for years and decades). Also, in this new generation, we have to deal with retired CIA and defense department elites being involved in advanced technologies (via corporations like TRW, Lockheed, Northrop, SAIC, Raytheon, United Technologies, ManTech, IN-Q-Tel, Defense Group Inc. and Global Technology Partners). These groups and corporations have ties to neoconservatives, the CIA, the Pentagon, and like minded organizations. At the end of the day, the total Western establishment is hostile to real economic justice, real labor unions, and real rights sent to the poor including the middle class (except for token concessions).

I like music from all across the world. I love African music truly too. I love the music from Fatoumata Diawara. She sings about her relatives, Mali, Africa in general, and other subjects. She has a beautiful voice and she knows how to use a guitar in an exquisite fashion. She was born in the Ivory Coast to Malian parents. She was born in 1982. So, she is one year older than I am. She knows how to speak African languages and French since she lived in France to act. She is a very Beautiful Sister inside and out. I love she tries to sing about ending ethnic tensions in Africa, because at the end of the day, we don't need war. We need more unity and more just cooperation in Africa, so Africa can be strengthened in a legitimate fashion. I love her songs entitled, "Bissa", "Kele","Kanou", and so many of her other songs. I like South African musicians too. I love the music from the Sarafina soundtrack (from the movie that came about many years ago). I love the music from Brenda Fassie. She sings about love and other uplifting subject matter that I enjoy. As many human beings realize, I love uplifting or inspirational music in my life. I am 30 years old now, so a Brother has to expand his mind and just love righteousness. I love the songs of Brenda Fassie called "Vulindlela","My Wedding Day", etc. She passed away, so RIP Brenda Fassie. The music from Yvonne Chaka Chaka is incredible too. Miriam Makeba was a great innovator of African music too. She not only had a great voice and song excellent music. She supported the anti-apartheid music and was courageous to speak out in favor for the justice of black South African human beings (and by extension the equality among all of the human family). She was strong and worked with musicians from across genres as a means to fight apartheid. In her lifetime, she saw the reactionary apartheid regime to end. She saw many changes in the globe and I greatly respect her legacy and actions. RIP to Miriam Makeba. The Senegalese band named Touré Kunda are activists for the homeless and children’s rights. Also, it is important to note the beauty of black musical talent globally beyond the great talent that is found in the States. At the end of the day, we are all humans. We are all human beings seeking justice, wisdom, and end to oppression in the world. The Brothers and the Sisters doing what is right and showing their gifts in the world (especially to positively impact the lives of their neighbors) ought to be respected to the fullest. 

There is a lot of information about the late President John F. Kennedy that some in the public doesn't know about. The establishment from the CIA and the State Department did not like many of his views at all. Many of the major banks and news outlets hated his views before he was unfortunately assassinated. We know that President Kennedy apologized for the involvement of Eisenhower and the CIA in the 1957 and the 1958 PRRI-Permesta rebellion in Indonesia. Kennedy became a supporter of the progressive or left wing Sukarno government. He allowed Indonesia to have billions of dollars of civilian and military aid. In 1965, Suharto caused Sukarno to not have power via CIA support. Suharto started a mass extermination campaign against suspected "Communists." John F. Kennedy supported the failed April 1961 coup against Portuguese dictator Antonio Salazar. Salazar was supported by the CIA and the Cercle group. In 1975, after Salazar died, the State Department (under the leadership of Henry Kissinger and the local ambassador CIA officer Frank Carlucci) supported the reactionary counter coup of Antonio de Spinola. Spinola was a visitor of Le Cercle against the moderate forces that had taken over the government. JFK forced Park Chung-hee of South Korea to restore civilian rule a year after his May 1961 coup against the left wing government. Chung-hee and his cousin Kim Jong-pil had just established the KCIA and were supported by the Moonie Cult. CIA support in the coup has been suspected and certainly in later years the KCIA, the Moonies, the Yakuza, the CIA and private groups as the American Security Council became close allies. John F. Kennedy wanted a long term diplomatic solution with North Vietnam and the Soviet Union, which was in contrast to the agenda of the CIA and the military. In Italy, the late President John F. Kennedy sympathized with Partito Socialista Italiano. After the April 1963 election, the party received a number of cabinet posts under the moderate Christian Democrat Aldo Moro. The leader of the PSI, Pietro Nenni, became Moro's vice prime minister. When Kennedy visited Italy in July 1963 he was wary about the communists, but embraced Nenni. The CIA leadership and even the State Department were greatly worried about these developments. The CIA station chief in Italy William Harvey was banished to Rome, because he undermined Kennedy's policy toward Cuba. Harvey was running secret Gladio armies trying to discredit both the communists and the socialists. His deputy was American Security Council supporter Vernon Walters. A decade later, Aldo Moro was kidnapped and murdered as part of the U.S. sanctioned purge of leftist folks in the Italian government. Kennedy was an ally of Prime Ministers Patrice Lumumba and Cyrille Adoula in the Congo. After Lumumba was murdered, the CIA backed Tshombe and then Mobutu in the Congo. Kennedy supported Kwame Nkrumah of Kenya (he was overthrown in 1966 with help from the CIA for being too close to the Soviet cam). Kennedy supported the independence of Guinea. Kennedy by early 1963 wanted to end the Cold War with the policy of rapprochement with the Soviet Union and Cuba. Some of the oil men became even opponents of Kennedy after his introduction of the 1962 Kennedy Act, increasing the tax burden on oil corporations. Also, in a speech on January 17, 1963, Kennedy seems to have hinted that he was going to end the oil depletion allowance. So, when you look at the truth, you see that the late President was more courageous than once assumed. 

Now, Christmas is an unique holiday. The truth should be shown in season and out of season. Now, there is nothing wrong with helping humanity, praying, worshipping God, respecting the ancestors, and having a great time during December 25. This doesn't mean that folks can't say Happy Holidays to fellow human beings. That is fine. Yet, the origin of Christmas has different origins than what some assume. A lot of people do not understand the origin of the historical customs and traditions of Christmas. The OT prophet Jeremiah is very clear that we should not learn the way of the heathen. We don't need to cut down a tree from the forest, and deck it with silver and gold to have a relationship with our friends, family, God, etc. So, using a tree for pagan rituals is wrong. We know that the ancient Romans celebrated a feast called Saturnalia where they worshipped the god Saturn. It came about from December 17th to the 24th. It related to the ending of the winter solstice or the time of seasonal pagan worship. Then on the 25th of December, they began the new Celebration of "The birth of the unconquerable Sun," as the days of light would now begin to lengthen and the sun would now begin to regain its dominance. The sun would come from the death as the solstice ended by the revolving of the Earth in Earth. This is the origin of Christmas. The Roman Catholic Church accepted this day as called it Christmas. Christmas combines Christ and Mass. The Mass is the Catholic celebration where the Vatican believes that the literal blood and body of Jesus Christ is eaten via communion (This is not found in Scripture or science at all. In other words, the concept of the Mass is a man-made doctrine). So, when anyone talks about Christmas, it definitely about the Mass of the Vatican. That is why the Vatican has a Mass in the morning of Christmas every year. Bishop Liberius of Rome in ca. 354 A.D. wanted people to celebrate the birthday of Jesus Christ on December 25. We are not even required to observe the Lord's Birthday at all. There is no conclusive evidence that Jesus Christ was even born in December 25th. Each day should be treated as a special day to follow truth and follow righteousness. Yule is related to Wicca as it is one of their Sabbats of the Wiccan year. We know that the mistletoe is a plant used to represent fertility by the ancient Druids. Santa Claus is found in Catholic lore and it is found in the pagan world from the Norse traditions as well. So, these idolatrous, materialist qualities of Christmas show the fruits of the corporate, materialist version of Christmas being degenerate. We should not follow the way of the haters nor materialist folks. We should follow true spirituality and true wisdom. Now, many folks do not know of these things, so we should be compassionate to educate human beings on the truth of Christmas. God is merciful, so we should be merciful with humanity. We ought to not to be compromisers. We should never be arrogant whence describing information, because there was a time when we all were extremely ignorant about issues. Arrogance is folly. Humility, strength, understanding, and compassion are real concepts that anyone of us should live by. We should keep on living holy and believe in justice for the human race.

By Timothy