As my last post included some thoughts on the Washington Times (WT), I have since been questioned for more details. As some readers may know, I have been a Unificationist for a very long time. I met Reverend Sun Myung Moon in New York in 1976, when I was 19 years old. I was one of the many young people selling flowers on the streets in the 70s and 80s. This is something I am quite proud of today. (I imagine that those who marched with Martin Luther King through Selma and Montgomery, feel a similar pride.) Having been a Unificationist prior to the WT being founded, I feel I played a (very small) part in the founding of the Washington Times paper.
I loved what the WT stood for in the 80s. I still appreciate the role the paper plays in supporting issues such as traditional family values. I think it is a positive force in this sense, to this day. However, on many other issues, including economic issues, politics, and foreign policy, it has become confused.
In the last decade or so the WT was, in my opinion, hijacked by ultra-right wing neo-con types who believe that somehow we advance the cause of peace by murdering innocent people by the tens of thousands around the world. It is a bizarrely perverse idea that has infected far too many otherwise very intelligent and well-meaning people.
As a plea addressed not only to the WT but every other newspaper in America, I say: “Please do the jobs you were once so adept at!” If you can’t find any stories to break on your own, the go to wikileaks.org and take your pick. There are plenty of stories posted there that are crying out for national attention. The WT could re-make itself into a tremendous force for Truth in no time, if it would simply run with a handful of the leaks posted therein.
Do it! Should you do so, you will find your greatness once again.
Let’s start with the obvious: 911 was a conspiracy. More than one person was involved, it wasn’t a “lone gunman”, so it WAS a conspiracy. So the Truth of the matter is that regardless of whoever was ultimately responsible, a conspiracy theory will necessarily provide the answer.
Maybe it was a conspiracy pulled off by some very sharp and cunning men that were not necessarily on Uncle Sam’s payroll. It hard to say for sure what happened, since we never got a real investigation that was designed to yield the truth. The only thing that clear-thinking men and women know with absolute certainty is that the official story is a lie. 911 was not pulled off by a couple guys sitting in a cave in Afghanistan. No one is that smart, that brilliant, to have pulled off the crime of the century from a cave in Afghanistan. Not possible, end of story.
So who pulled it off then? Was gw bush necessarily a part of it? Was his demonstrated cowardice at the school that morning a result of seeing “his scheme” being enacted? Or rather was he thinking: “Oh crap. They have really done it…” I don’t know the answer to the question, though I suspect that the perps kept him in the dark most of the time. This would be the logical strategy when dealing with a man who couldn’t be trusted to read a teleprompter without mistake.
Dick “shoot me in the face” cheney was almost certainly one of the perps, as were most of the neo-cons in the gw administration, and in the news in those days. People whose annual bonuses depend on the sale of high tech weaponry were likely involved at some level as well. Think Carlyle group, think Military Industrial Complex. Think Israeli-American dual-citizens in government.
The fact that these people managed to murder so many people in broad daylight, even pulling three buildings in NYC with what were clearly controlled demolitions, AND GOT AWAY WITH IT, is simply remarkable.
I was stunned that the American people did not rebel at the sight of government agents burning men women and children alive on TV in Waco. But even after that demonstration of their ability to murder Americans in broad daylight, without fear of reprisal, I remain utterly astonished, amazed, that the crime of 911 stands unprosecuted to this day.
There are so very many people who understand that the 911 story is a lie. Yet despite the massive numbers of people who know this, Truth has been unable to gain much traction, to date. Many people likely despair that it is already too late to stop the neo-con sociopaths from ushering in the next phase of whatever evil and twisted plans they have concocted.
How is this possible? How could these madmen continue in power in the face of the massive numbers of people who KNOW they are liars and murderers? Sadly, it seems to me that it is a direct result of the merger of the government with the media. If newspapers and TV journalists were doing their jobs, we would have been liberated from this oppression long ago. But as we know, there are very few voices in mainstream media reporting the Truth.
As a very long time member of the Unification Movement, aka a “Moonie”, I clearly remember that a long time ago, we Unificationists were so excited to start the Washington Times newspaper (WT). It was to be a vehicle for reporting the Truth. It was to be revolutionary in that regard. As many readers no doubt know, even the WT has fallen short of it’s founding purpose. The reasons for this failure, I believe, is different from the reasons that caused the rest of the media to fail. I may discuss my thoughts on this failure another time, but for now it’s enough to admit that the WT is not (currently) part of the solution, though it once was, and hopefully will be again.
I read today with sadness that Paul Craig Roberts is no longer able to get published in many places that once were eager to have him. This change is the result of his preference for telling the Truth rather than not.
To Mr Roberts and any others who are frustrated by the media’s short-sighted and tragic insistence on reporting spin over substance, I say this: In an earlier age, God gave mankind the printing press to overcome the powers-that-be. It worked. In the end, Truth won out. The internet is the gift God gave us today to overcome the powers-that-be. If the NY Times, Washington Times, or Washington Post won’t print the Truth, lets keep blogging. Truth will win in the end, I believe.
Rachel Corries’ parents are in Israel this week, 7 years to the day after their daughter was murdered by an Israeli bulldozer driver on a mission to destroy Palestinian homes. This short blog is not meant to be a lesson on what happened that day to this beautiful, warm-hearted and courageous young lady. There are sites already up that explain the details much better than I could, so there is no need for me to do so here.
Rather, this is intended to offer moral support and encouragement to her family. They have suffered greatly over the past 7 years I am certain. I can only imagine their horror when they heard of the brutal, cold-hearted and premeditated murder of their daughter. Their agony must have been surpassed only by their surprise that both the Israeli and the American governments refused to pursue anything remotely resembling justice.
My hat is off to the Corrie family today. That they have persevered for 7 years is a testament to their love and memory of their daughter. I am sure it would have been far easier for them to simply try to forget and move on. I believe we are living in an age where evil, such as that exemplified by those Israeli goons driving bulldozers, will increasingly reach nothing but dead ends. So I am hopeful that we will see some semblance of justice served at this time. Seven years is an auspicious period of time.
Israel has been behaving like a sociopathic teenager for far too long. She has a long history of stealing land and lives that do not belong to her. She has done these things and much worse, whilst flying the banner of blaming her victims most of the time. Unfortunately, as horrifying and heartbreaking as the murder of Rachel Corrie is, this particular murder is just an anecdote in the Israeli pit of horrors. The only reason we know about Rachel today is because she was an American woman.
So Godspeed to the Corrie family. May this Israeli court do both Israel and humanity a great service. May it issue a ruling that holds the Israeli perpetrator of this act of cruelty and murder accountable. May they also hold those who tried to cover up the crime accountable. May they do so in a manner that is unequivocal. In doing so, they will be doing Israel an act of great kindness
You and I understand what it means to loan somebody something. If a friend or relative asks to borrow $100, we reach into our wallets and give the money to them. Everyone understands that we will suffer a loss in the event that the borrower fails to return what he has borrowed.
We unthinkingly assume that when we get a loan from the bank, that a similar dynamic exists. The bank gives us money from their “wallet”, and will suffer a loss if the money is not paid back. But that is simply not true. The dynamic is completely different in the case of a bank.
Maybe you are familiar with the term “fractional banking”. More than likely you either don’t know what it means, or simply have not taken the time to think it through. Lets’ take a moment to get our arms around the concept. Banks are required to maintain only a small fraction of their deposits on reserve. So, they can actually loan many multiples of their deposits to borrowers.
So, if you or I were to charter a bank, and capitalize it with an initial investment of $1,000 we could then loan out much more than $1,000 – as much as $100,000 – to future borrowers. But think about that for a moment. If we only have $1,000 in the cash drawer, how can we loan someone $100,000? Where does the extra $99,000 come from? Banks engage in this sleight of hand every day, whether it be for home loans, personal loan, or credit cards. Where do they get the money to lend, that they don’t actually have???
Do they run to a different bank to borrow the money they are loaning out? NO. They actually create the needed money out of thin air, like a magician pulling a rabbit from a hat. “Money” that did not exist a minute ago, is created at the moment that the borrower signs a note. The $10/hour bank teller makes an accounting entry, and PRESTO! the bank has a new $100,000 asset on their books. Sweet…
So now imagine our newly chartered bank, having a mere $1,000 in the cash drawer, suddenly has an accounting entry for a $100,000 asset as a result of a borrower signing a paper. A corresponding liability for the same amount is created simultaneously. And our bank’s books are balanced. There is both an asset and a liability, or a debit and a credit, for $100,000 on our books. Mind you, our books are balanced before the borrower pays us a dime in principal or interest. Think about that for a minute.
As a 21st century society, we should ask the question if our bank merits a 30 year stream of payments, at interest, for having done nothing but make an accounting entry. We did not loan money in the sense that we typically understand it. Our books were balanced before we made the loan, and after. The $100,000 did not come from our cash drawer. We still have all the cash we started with. We risked nothing in this transaction. The whole charade was just an accounting entry. Pretty good deal for our bank though, don’t you think? As bank owners/shareholders. we will now collect interest payments for the nest 30 years. Every month.
But then it gets better. We conned the borrower into giving us a mortgage on their house, in exchange for making an accounting entry. If they ever hit a rough patch, we will take their house and sell it , possible for much more than they borrowed. If we were immoral bastards we might even secretly hope that they hit such a rough patch at some date in the future.
It took maybe 3 months of labor by semi-skilled laborers, and an accounting entry by our bank clerk, to build the house, yet our borrower is on the hook to work for 30 years before he can get title to the home. This my friends, is a racket. Organized crime would be embarrassed to admit to this kind of activity.
But it gets even better (if you are the banker). Our bank then sells the note our borrower signed and probably sells the mortgage as well. Now we have significantly more than $1,000 in the cash drawer. Let’s say we now have $70,000 in the cash drawer. We then start the process all over again, with an upper limit of the amount we can loan greatly increased, since we have more cash in the drawer now. Maybe now we will loan some real estate developer a couple $ million – at interest. Pretty soon my banking partner and I will start looking at buying new yachts or private jets…
Now that we understand that our bank did not actually lend any of our money, but created the loan, by making an accounting entry, does your feelings of the dynamics/fairness of “paying what we owe” to the banks change? Do our borrowers really “owe” our bank anything at all?
Was not the book’s balanced before our borrower paid the bank a single dime? Further, was it not the borrowers’ signature that created the money in the first place? Then, whose “money” was it, that was supposedly borrowed? The bank’s, or the borrower’s, whose signature created the money?
Food for thought.
I recall having many discussions with well-meaning, well-educated friends about the nature of money and banking over the past many years. Many of these men ardently believed that federal reserve notes are “money”, that the federal reserve is a national bank operating in the public interest, and that gold and silver are obsolete.
There seemed no means of persuading them, at the time, that the little pieces of green paper in their wallets are not money. Rather, they are IOUs issued by a central bank operating with a malevolent motivation. Worse still, those little green IOUs do not represent moneys owed to the bearer (you), but rather as proof of a debt owed by the bearer (you) to the federal bank. Such a bizarre, backwards and logic-defying situation is so absurd, that even the beneficiaries of the arrangement can scarcely believe they have conned humanity for so long. Yet, so they have.
It seemed nigh impossible to convince people of the truth of these assertions during the bubble years. Everyone was delighting in the illusion of wealth. Property values seemed to be rising without end. All other paper assets were likewise on a path that seemed to suggest a permanent prosperity. How could there be anything wrong with that?, they asked.
However, property values were never rising in a “real” sense. That is to say, they were not rising unless there were some tangible improvements made to the property relative to the surroundings.
Home values were not rising in the absence of such improvements (new roofs, etc). What was happening was that the green paper used to purchase the homes was growing increasingly less valuable with each passing year. The effect was the same. It took more and more pieces of green paper to buy the house. But we were conned into thinking we were getting wealthier when in fact we were getting poorer! Read the last paragraph as many times as necessary to understand it.
Americans were hoodwinked, bamboozled and fleeced. Your 401k, pension, insurance policy, stock portfolios, etc, are likewise denominated in a currency that has been systematically devalued over many decades. The stock market looks like it is going “up”, but it’s not. As the currency is devalued, the illusion is that all assets valued in that currency are rising. If you are not horrified by the implications, you don’t quite understand it yet. We were conned. Those who thought they were wealthy 3 years ago, but are now living under a highway overpass know this, even if they don’t know exactly how it happened.
Understand that paper money is issued by a private central bank, a corporation, that is not primarily motivated to serve the public. The idea that the federal reserve bank was/is “federal” was fraudulently impressed upon the public to allow cover whilst they systematically looted the nation over the span of 10 decades. If anything, I am understating the reality.
The shareholders of the federal reserve system are motivated to make a profit. To do so, they must keep the economy going as long as they can, whilst draining it of it’s life force. Like parasites, they are motivated to keep their host alive so that they can continue to suck it’s life energy. The fact that they are no longer attempting to hide their nefarious misconduct, engineering the recent theft of trillions of dollars (TARP/QE1/QE2) in broad daylight, suggests that they know the host is terminal and about to die. They are taking all they can before the party stops.
The “No Bankster Left Behind” “bailout” that was given to the banks enriched a very small few at the expense of Americans everywhere. Was this really an unintended consequence? Can one really believe that still? The $ Trillions involved could have been reduced by over 50%, and given in equal shares to all American Citizens to pay-down their mortgages. The so-called subprime crisis would have ended immediately and the country would have been radically invigorated overnight. Instead, the money was pocketed by a well-connected few. This is so obvious a 5th grader can easily see it. But alas, as we know from the TV show, 5th graders are pretty darn smart…
It is well worth the time to understand the monstrosity of the system that permits the fed to print money at will, at almost $0 cost like a counterfeiter in his basement, and then lend that “money” to the US government at interest. It is a boondoggle of such magnitude it is almost impossible to believe such a con could really be true. Yet it is true.
When the federal reserve act was passed in 1913, the future of our country was sealed. It was simply a matter of time before the wealth of the nation would reside in the hands of a well connected few. The president at that time, Woodrow Wilson, later lamented that he had betrayed the country by allowing for the fed’s charter to exist.
So what about gold and silver coins? Can they be employed at this late date to “fix” the multiple crisis facing humanity? It should be noted that the largest international banks settle their debts with each other in gold. Reflect on that for a moment. As far as international banks are concerned, at the end of the day they want gold – not pieces of paper. Why do you suppose that is the case?
Silver and gold coins maintain “real” value. Consider that in 1964, when the last silver quarters were minted in America, a good hearty lunch could be had for 2 quarters, ie, 50 cents. Today those same 1964 quarters are worth in the ballpark of $20. That’s still enough for a good hearty lunch. Do you understand what this means? 1964 SILVER QUARTERS HAVE THE SAME PURCHASING POWER THEY DID WHEN THEY WERE ISSUED 47 YEARS AGO.
So, ponder this question: does a hearty lunch cost more now than it did in 1964? No, it does not. The price of lunch is still the same. What changed is not the “price” of the lunch, but the value of the paper “money” used to pay for it. This is the same illusion we saw in the housing bubble, the stock market illusion, etc.
Unfortunately, even when we understand the nature of the problem, and the apparent solution, we are left with a problem. . Yet, it is not clear that gold and silver coin represent a viable solution to today’s problems for one simple reason – most are too broke to buy any silver or gold.
The founders of the American experiment demonstrated a profound wisdom by insisting that gold and silver remain the only lawful money in America. But can we make gold and silver the only lawful national money once again? Purists insist that we must, if we are to ever escape from the ravages of the parasite class of bankers that are consuming us. I sympathize with this position.
The problem is that very, very few Americans have any gold or silver, nor the means to buy any. Americans so-called wealth is today almost nothing but paper. In a word, we are penniless destitute, from the standpoint of the founders of America. 99.999% of Americans can scarcely afford to buy a single gold coin. We need an interim step that will allow Americans to rebuild their wealth as we re-integrate precious metals into the system.
Since the root of the problem was that we allowed private bankers to issue our currency we can safely declare that STEP #1 is that every state in the union immediately adopt a state central bank that issues state money, at no interest, to their state governments as requested by their state legislatures.
That newly-issued state money would immediately support all manner of state expenses, public works and payment of all state taxes. It would do so at no cost to the state. A system such as this is already employed by North Dakota. As some may already know, North Dakota is currently the only state in the country NOT being ravaged by economic devastation today. This is not a coincidence. Please google “Bank of North Dakota” for more information.
This solution is breathtakingly simple to implement. In a single stroke and virtually overnight governments would become solvent and able to support massive public works projects on roads, bridges, schools, health care, etc. Imagine what California could do tomorrow if they created the Bank of California, chartered to issue California Money, with the crest of the State of California emblazoned thereon. In a day’s time they could pay every city and state employee, fund every state pension, pay for the re-design and re-engineering of every bridge, road and tunnel in the state. They could do all this and much more, without raising a single tax. Indeed, taxes could be reduced drastically.
At the same time, a mechanism MUST be introduced to re-integrate precious metals into the equation, beginning day 1, to avoid the problems associated with an oversupply of newly issued bills of no intrinsic value.
There will be no losers in this undertaking, with one very significant exception. The parasite class of banksters who have grown accustomed to charging their victims interest for using their counterfeit money, continue to fight this growing idea with all the tools at their disposal. As they are far and away the wealthiest class on the planet, their propaganda campaigns at all levels are extreme.
Meanwhile, by re-introducing small denomination silver and gold coin into the economy the value of “false” money, ie, coin struck of worthless metals such as our dimes and quarters of the present will quickly be abandoned as the worthless junk they are. Prices would quickly stabilize and the accumulation of REAL wealth by everyday working people would begin once again. EVERYONE WINS, except the parasite class (banksters).
I am certain that there are many people bringing ideas such as this to the attention of state governors at this time. Let’s do what we can to demand they act quickly to enact such a common-sense proposal.