Category Archives: Unemployment
How FED Conspirator Bank Robs the Poor, and Their Dead
Bank of America Insults my Patriotism by Their Very Name
So does the Federal Reserve
by H. Michael Sweeney
I had just finished posting a blog about the fraudulent means and deceit employed by the founders of the Federal Reserve Banking System which has raked in trillions of dollars of profits at taxpayer expense since founded in 1910… when the very first reader of the post wrote something which set me aback. This is not just because of the injustice visible on the surface, but because the bank involved is a co conspirator with the FED to profit even further at taxpayer expense. That would be, as you by now rightly assume, the Bank of America.
So… after screwing the Federal Government and every single citizen for a $25 billion share of the TARP bailout… and after that bailout money additionally profited them ten times the amount of the bailout (they can loan ten times their cash reserves)… and after they will earn obscene usury (meaning excessive, in that they have no money actually at risk in the loans as they are made out of thin air) interest on all those loans for decades to come… and yet are further conspiring with the FED to dump even more faulty (read bogus) derivatives from Bank liability sheets (and guess who will pay for that in a ‘round two TARP bailout‘?), they still want to steal $500 from a dead woman and her heirs?
If none of the above makes any sense, please see the earlier post, The Federal Reserve, an Appearance of the Fourth Kind, and this story (The Federal Reserve and Bank of America Initiate a Coup to Dump Billions of Dollars of Losses on the American Taxpayer). I think you will then find the following story doubly abhorrent:
This is a true accounting of an actual incident I’ve verified underway in Oregon with Bank of America, but it is presumed all large banks have similar policies and procedures in place. I am open to correction by anyone who knows otherwise regarding any specific bank. What follows is a description of various devious methods applied to siphon off extra money from the accounts of deceased persons when the survivors are of ultra-low income. Actually, the matter would also seem to include an almost conspiratorial partnership with County agencies, at least in this case, so this article could have been entitled, How Banks and Counties Conspire to Rob the Dead and the Poor.
To explain the rip off, we need first to have a basic grasp of how it things should transpire according to law. But to be clear, there is no violation of law yet visible, though violation of fiduciary responsibilities, user agreements, and moral ethics is still an issue. While laws vary in detail from State to State, the following simplified description is generally accurate.
When someone dies, there is either a Will which establishes an Executor of the Estate, or there is not. When there is not, the matter goes into Probate Court and the State determines the final resolution of the Estate. Where there is an Executor, that person is charged with closing all accounts of the deceased, liquidating any property not a specified gift in the Will, distribution of such inheritances, and paying of remaining debts. There will almost always be some funds involved, either from actual cash or bank deposits, or the sale of personal goods or property.
An Executor, often a family member who is also an heir, will be entitled to reasonable compensation for their services which comes from such funds. Such fees are commonly well over $1,000, plus expenses. This and any taxes owed are the only charges against such funds which have ultimate priority for ‘first-payee’ status. Next come creditors, who must be paid in full or, where there are insufficient funds, be paid a pro rated share according to the size of the individual debts involved. Any remaining funds become inheritance, and may be subject to income taxes after the fact.
In a large estate, which in most legal definitions involves Real Property (real estate) or other assets worth more than some specified sum (the lowest I’ve seen is $250,000, but the sum for the State of Oregon I’m told is $2.5M), there are some fairly stringent procedures involving the Court which must be followed. But this does not apply to the poor, does it?
Think of the millions of elderly in nursing homes, for instance. They tend to own no property of consequence, and upon their death, most personal possessions consist of brick-a-brack, polyester clothes from the 60s, a TV, and some personal things such as photos and keepsakes. They tend to have some money resources, but often quite minimal in nature. Often, the Executor named and heirs are also poor, or they might have had a nicer place to live out their last days. Such is the case in the Oregon example:
We are talking about a woman named Wordy Mae, last name omitted for cause. She was 87, legally blind, had Diabetes and several other troublesome ailments, and an income of $1,100 a month, of which all but $150 went to pay for her nursing home. Medicine and personal care came out of the $150. Hers was a good Southern name, one especially common to Blacks and poor rural whites a few generations ago. She died with debts of several thousand but only about $500 in her checking account. Her personal things, other than keepsakes, had no resale value and all went to Goodwill.
Check out her artwork, right, one of her unique keepsakes. Though blind, she would spend countless hours hunched over with a heavy illuminated high-power magnifier and see the color sparkles well enough to glue bits of junk jewelry and plastic into artistic patterns.
So, the big question: did her family or the Executor get anything at all? No. The Bank of America is usurping it with clever ploys.
Wordy’s Son was her named Executor. He has three school-age daughters, also named heirs, but it looks like they will not see a penny, not even to recoup expenses as provided by law. This is unfortunate, because he is unemployable due to a disability for which he has no income allowance (why it should take more than eight years to get official disability is yet another rip-off article which should perhaps be written). He lives on about $1,000 a month Social Security from forced early retirement — which in and of itself cost nearly $400 a month in lost income from his full entitlement.
So we are talking about a family that has to choose between food or gasoline perhaps twice a month, and as result frequently has a diet of hot dogs for lunch and dinner, or Raman noodles every day, often skipping a meal altogether. It took nearly six weeks to come by enough money to buy an ink cartridge so he could write (futile) letters seeking resolution. This is also a family, by the way, which had lost their home in the Mortgage crunch during our recent financial debacle which resulted in the banks being paid billions of dollars in the first place. So they are doubly upset with Bank of America, which played a role in that fiasco, as well.
Here is exactly how Bank of America has managed to steal from them further:
Step one: the Bank somehow knew immediately about the death. Well before Wordy’s Son could notify them, the Bank notified him that the account had been closed ‘for protection of the funds.’ One wonders how the bank was notified so quickly, by whom, and how they knew which bank to notify. I’m working on a possible future blog, Banks Own Your Social Security Number and NAME, for one possible answer.
Step two: the Bank sent him a form to be filled out by the Executor. The seeming purpose of the form was to let the bank know how the Estate would be handled. Reasonable… but it redirects correspondence to a centralized and dedicated department of the Bank out of State. No one local to deal with, providing a mechanism for delays which prove valuable to the Bank, as we shall see.
Step three: delay and silence. Bank statements stop being issued, which seems to make sense, given the account was closed. There is no reply from the special department… though non was particularly expected, except that when the form was mailed, the Executor also sent a copy of the Death Certificate and a final accounting of the Estate, with request of release of the funds to cover Executor fees and his expenses in closing the Estate, which were not inconsequential and which had been difficult to manage without personal hardships. There were not even sufficient funds in the closed account to cover this, so all of Wordy’s funds should have gone to him, calling it inheritance or fees as you please. There were zero taxes due.
Step four: two months later, the special department then sent a letter stating that it was prepared to release the funds but was requiring an original copy, not a certified copy, of a County Court document before they could so proceed. Curiously, they did not specify the nature or name of the document requested. Because they did not, and the Oregon Revised Statutes made no reference to any legal requirement for any such document, the Executor contacted the County in an attempt to learn what was required and how to go about it.
Step five: The County did not respond. Repeated inquiries went unanswered for weeks. Eventually, it was discovered that there was a simple form, not much different than already provided the bank in purpose and content. There was associated with it an outrageous filing fee of $112.00 as well as other fees. This was to cover the cost of… well, ‘filing it’ in a filing cabinet. It was not possible to obtain the original, but only to obtain a certified copy. WTF?
Step six: about this same time, the Bank resumed mailing monthly statements. SURPRISE! The ‘no-fee’ checking account which had been closed was now enjoying a $12 a month service charge for… NOTHING. Perhaps the Bank has a filing cabinet to pay for, too?
Step seven: because the Executor could not possibly afford the filing fees, much less obtain an original copy at any price, it seems the Bank will therefore never have a legal obligation (we would presume that their ultimate argument) to release the funds, and will slowly absorb them until they are absorbed entirely through arbitrary monthly fees — which we might presume will be used to fatten Bank Executive Bonus Checks.
It is stories like this, including some personal experiences, which caused me to close my accounts with Wells Fargo and Bank of America when the 99% suggested it was one way to confront the System. I’d go further if I had the bravado and skills… and become a modern-day Robin Hood — and I thought for a moment I could avoid getting caught (I’d not be very good with a bow and arrow against the FBI). But that’s just my anger talking.
If if moves you to sufficient anger to close your account, tell them Wordy Mae sent you. If you feel compelled to send a buck or two to Wordy’s heirs, send it by PayPal to wordymaeheirs at century link net, an addy I’ve established for the purpose.
I’ll match every dollar contributed from my book sales profits for this year. I’m thinking it might change their diet for a while. And if enough people did that, it would make news, and that would further embarrass the System toward useful redress for all who might be in similar difficulties with Banks and local County governments, which are really for-profit corporations in their own right (look yours up in Dunn and Bradstreet if you don’t believe me).
I also suggest you tweet/repost/email this post far and wide. I am lifting all copyrights upon it if reproduced in full unedited, links in tact, but would appreciate an adviso of any such reproduction in the form of a comment to this post. Appreciate you!
- The Federal Reserve: an Appearance of the Fourth Kind (proparanoid.wordpress.com)
- Estate planning: Taking care of your executor (business.financialpost.com)
- Bank of America’s $40 Billion Mistake – WSJ.com (raptureimminent.wordpress.com)
- The Many Ways Banks Commit Criminal Fraud (americankabuki.blogspot.com)
- Bank of America: Too Crooked To Fail (drx.typepad.com)
- Bank of America slapped with $300k sanction (setexasrecord.com)
24 Campaign Planks; H. Michael Sweeney for President of the United States?
No one would, I hope, consider me a serious candidate, and certainly no one mainstream would consider my ‘extreme’ planks as reasonable… though that would show they have no clue as to what true conservative politics are. I am neither left nor right wing, though I have been called both. All I seek is to restore the country to the state it was in before government got so powerful it managed to destroy the country, a kind of political time warp going back some 50 to 100 years. In simpler terms, I’d restore the government of the United States to a Constitutional government as envisioned by our founding fathers. How left- or right-winged is that?
Indeed, all the policies put in place in that time span which have gone awry and led us astray would by those governmentals in power at the time would surely have seemed to be the radical (both to the left and the right) notions in the eyes of the likes of Jefferson, Hamilton, and Franklin, et. al. Our country had run just fine for more than 100 years without such changes, and is now on the verge of extinction because of them. So why not fix it? Because it’s radical?
But that all means is that I’m a a strict Constitutionalist, which also means I am per the current use of the term by media not just a radical extremist, but even a terrorist by some standards, which I take as a badge of honor in the face of the tyranny of an unconstitutional and lawless government. But then, so are you, too, just for reading this, because endless Draconian legislation and the public rhetoric of power brokers desperately seeking to retain status quo must consider you guilty by association. FBI, in fact, now considers ANY contact with ‘extremist or terrorist’ groups as justification for surveillance targeting. I’ve written about that extensively in my books on personal privacy and security.
You have no right to use your mind as you see fit, and are a become part of a growing danger to the status quo (keep it up!). The government spies on everybody, and in their reasonable paranoia (because the angst of the 99% is nothing compared to the disgust felt by the many who did not hit the street out of fear). And it is that; they use fear of terrorism and of government heavy-handedness (Police, TSA, FBI, NSA, CIA, and others, to include even the military, of late) to tighten their grip, and event to get us to spy on each other. Replay of Nazi Germany tit for tat. Got your Brown Shirt and armband handy?
Because those of us who are fed up with the status quo… with the New Boss being the same as the Old Boss (and largely lost to their power-mad tyranny)… fed up with the corruption, the pork, the endless signing of Bills without even reading them (largely lost to their greed-driven treason)… and fed up with the steady march toward a New World Order and a Police State mentality (largely lost to their Globalist Fascism)… will LOVE my planks.
But since I am not running, let’s just say it is for mere entertainment and intellectual exercise that I present my planks… which might be described in a motto, ‘Restore the Republic.’ It would effectively de-centralize the Federal government’s power for all except things which were critical to National viability. What most of the Federal agencies are and their functions can be done better and less expensively, and more gently, by the States, or is best left undone at all. I seek to undo.
Unworkable? Unrealistic? Nieve? Sure. But the best ideals ever adopted by humanity through history started out that way. It was, in point of fact, one such ‘unrealistic’ ideal which drove both the French and US revolutions and their resulting Constitutional structures. Those revolutions were driven by a multitude of nieve ideals, just one of which was stated in mutual paraphrase by both Jefferson and Montesquieu, here.
This, and many other like remarks summed ‘radical notions’ unheard of before the Magna Carta, quite unworkable and unrealistic in face of the virtually unlimited power then held by Kings. But when ideals and goals are lofty enough, idealists everywhere will find a way to make them workable, and make them real, despite any ignorances in the beginning. Stumble along the way as we learn, say I. Far better to stumble going forward up a tough hill than to take easier path; sliding down the slippery slope of despair into the total ruination which seems now so near at hand for our once fair Land.
So you can’t vote for me (write in’s excepted), but you can try to pressure candidates to adopt these planks or some other workable overhaul, and vote for the ones that come closest to meeting your wishes. Right now, for me, that would be Ron Paul, in my opinion. Or you can give up and let the NWO win. Or you can pick up a gun and start a revolution with no guarantees of surviving the effort. There are no other choices, the later two so frightening and yet so near on the horizon by the clues at hand that I pray to God for a miracle to prevent them. I suspect we would agree some kind of an overhaul is in order, so humor me then, please, with an overview of the planks… not presented in any order intending to imply priority. Moreover, they are but a small sampling of wrongs in need of righting…
Plank Number One: Critical Review and Reversal of Presidential Executive Orders
In the first 90 days I would move to review thousands of Executive Orders since Lincoln with an intention of reversal of those which have quietly modified the institution of Government in ways which have proven to be tragic in the long run. For all my love for Lincoln, he started us down the path of ever growing, unchecked Federal power, the bulk of which resides in the Presidency. Some tweaking is in order, it would seem. We don’t know about every E.O., because untold hundreds of them are not for public consumption (which makes me nervous about their purpose and result.) But some of them we do know about, as they tend to make their way into the Federal Register (on line). Here are just a few examples… one of which curiously needs enforcement, rather than revocation.
Revoke EO 7933-A By Franklin D. Roosevelt. It allowed the IRS to investigate the finances of those under suspicion of unamerican activities, a provision in support of the McCarthy witch hunt in the Red Scare. Since it is still in place, even though the House Committee on Unamerican Activities no longer exists, this EO may represent a potential source of political targeting by the IRS against Muslims and the politically incorrect among us by our paranoid government.
Order the enforcement of EO 111110 by John F. Kennedy, which was intended to restore the power of the U.S. government to issue money, and end the ability of the private bank of the Federal Reserve from making loans in the form of Treasury Notes to the U.S. government and charging interest. THIS, is where the National Debt comes from. This EO was never enforced, perhaps because JFK’s assassination rendered it ‘unknown’ in some way, or irrelevant under the helm of Lyndon Johnson. However, it has never been revoked, but was ‘nullified’ by a sneaky E.O. 1208 by Ronald Reagan, which needs to be revoked. Upon such corrections, therefore, a new EO would be appropriate which denies that portion of the National Debt accrued since the signing of 111110 June 4, 1963. It is, by EO 111110, stolen money, ill-gotten gains. Go fish, Globalist bankers.
Revoke EO 6102 by Franklin D. Roosevelt, which prohibits citizens and corporations to ‘hoard’ Gold. Ostensibly to allow the U.S. Government to protect and enhance its own Gold reserves in backing of U.S. Currency, the EO remains non functional given that the U.S. no longer employs the Gold Standard, preferring instead to pay huge sums of interest for printing endless IOUs to the privately held Federal Reserve Bank, which is not a government agency. Revocation would allow free ownership and barter of all forms of Gold and Silver by any citizen or corporation for any purpose. Use it or lose it. Moreover, as President, I would demand a tour and inspection of content at Fort Knox to see if there is actually any gold left there, at all, or if it is now fake to cover a suspected theft.
Revoke EO 12148 by Jimmy Carter (and roughly 15 related E.O.s) which would disband F.E.M.A. A replacement agency which truly represented emergency management and did not represent a potential tool for total power grab and abuse of power as the agency has so faithfully exhibited as its true purpose or limit in ability (next paragraph). I would propose that each STATE have its own local FEMA replacement entity under local State Government oversight cojoined by a centralized Federal oversight body to insure that once activated, the State’s best interests were maintained with respect to cooperation in aid between States and the Federal level. Each State, however, is its own boss as to how and where such aid is delivered internally.
Few people realize how insidiously powerful FEMA becomes in the event of Martial Law or even a simple localized emergency declaration. They will control EVERYTHING including how much food you have on your shelf, if you can travel ANYWHERE (even to work), or if you can buy or possess ANYTHING, and much more. They gain control of all aspects of social life, including your kids, your medical choices, etc. And as seen in the aftermath of Katrina and in the wildfires of Texas, FEMA is NOT our friend, but our mortal enemy. Worse, that State of Emergency is already declared, and has been since 2001, and you will not believe what FEMA’s role is to be should they choose to act on their power. Under Reagan, plans were discussed at the highest levels of government for FEMA to intern blacks in concentration camps. You can bet there is an E.O. somewhere adding Muslims to that list. WTF? Now all those conspiracy theories about FEMA camps don’t seem quite so ‘theory.’
FEMA must die as a NWO Fascist instrument, which means a lot of E.O.s must be revoked.
Revoke EO 13158 by Bill Clinton and EO 13575 by Barack Obama, and others, which transfers large tracts of U.S. wild lands, rural and Agricultural lands to control of the United Nations with loss of sovereignty — no Congressional approval sought. The former to establish 47 ‘biospheres‘ where U.S. citizens have been threatened (by signs, mostly, but at times, by armed military types from unknown units and sometimes speaking foreign languages) with severe punishment for tresspass. Such acts had been reported frequently over the years in the now defunct Spotlight newspaper, with further documented covert military operations and/or Soviet made military hardware storage was taking place at biospheres, ostensibly U.N. related. Yet the U.N. officially states it has no such operations or equipment in the U.S.
The later has (Obama gave up rural/agriculture land) to do with something called Agenda 21 — which essentially sponsors corporate monopolies of the food supply, but which is seen as an extension to the biosphere scheme and heir apparent to Codex Alimentarius, which is its own matter to be undone in another plank. Agenda 21 is also quite related to massive depopulation and eugenics programs which would make Hitler’s attempts to eliminate Jews seem a mere cursing in the wind. Obama is further moving in that same direction in an attempt to turn over all agriculture to control in the U.S. to a few corporations spearheaded by Monsanto. Under Agenda 21, private ownership of land is not be allowed, nor is growing your own food, nor for the matter, growing natural food; all must be genetically modified and/or irradiated.
Plank Two: Force Congress to DO IT’S JOB
E.O.s are SUPPOSED to be reviewed by Congress and approved or denied, becoming de facto law if not denied. Congress has fallen down on the job, and my Plank would include requesting a law forcing Congress to… well, do what it should. It must debate, in closed hearing if necessary, each and every new E.O. and come to a decision within a narrow time line. In like manner, each Congressman MUST read every page of every bill. Only by being fully informed may one debate and decide legislation in a way useful to the nation and its people. And finally, no Bill may be passed which contains buried legislation unrelated to the Title of the Bill, thus ending Pork Barrel and time bombs waiting to be discovered. It it deserves to be law, let it be its OWN law unto itself, alone, or let it be non existent lest it foster ignorance of the law by its buried nature. If there was a way, I’d want the law to read that any Congressman who voted for a Bill which was found by the Supreme Court to trample on the Constitution would be subjected to an immediate recall vote (but that would likely also require State law changes).
Plank Three:a) End the FED, b) establish a GNP Monetary System where money is c) controlled and printed entirely by the government and d) tied to the nation’s financial health.
Based on the Gross National Product and the value of labor and goods, it is a bit complex to explain, here. The basic concept is that money supply cannot exceed the GNP (the value of the output of labor and goods). The GNP is to the number of workers a relationship by which the standard of living is evolved. More workers and lower GNP means lower standard of living, and less money minted, as does a constant GNP and more workers. But more workers and more GNP means a fairly stable standard of living, and money supply, while any boost in GNP greater than the increase in workers means a higher standard of living and more money. Interest rates would tend to remain constant or suffer mild fluctuations in all but the most severe of economic swings.
Minimum wage and adjustments thereto for promotions and the like would, in addition to performance merits, be based on a baseline GNP determination, not unlike the way we use a baseline Prime Lending Rate from which all other lending rates are devined. The price of goods would be based on the cost of production which includes the cost of labor, vs. the contribution the goods represent to the GNP. And then, of course, there is the matter of taxes – see next plank.
Plank Four: End the IRS as we know it
No more Federal personal income tax! No more Federal corporate tax! Instead a value added tax in the manufacturing processes. Raw material collection (taxed when sold to processors); raw materials processed (taxed when sold to manufacturers); processed materials made into components (taxed when sold to product manufacturers); products and assembled goods (taxed when sold to distributors/retailers), purchased by resellers to consumers – tax free except by State tax options. States would be encouraged to adopt the same model. The actual tax rate would be quite small, but 100% of all GNP commerce other than services would effectively be taxable and generate sufficient revenue to allow the Cost of Goods sold to cover the tax. Services are NOT taxed, and therefore, all such labor contributes 100% toward the GNP tax free.
Yes, you would pay more at the store for the goods you buy, perhaps offset somewhat by the lack of corporate taxes which are already causing prices to be higher, but you would no longer have 1/3 or more of your income eaten up by separate tax payments and you would have NO REPORTING OR FEDERAL SNOOPING, INDEPENDENT IRS COURT SYSTEM, and NO IRS TO WRITE ITS OWN LAWS, etc. And remember, much of the National Debt has been wiped out in Plank One, so taxes actually go to funding government operations, not to retire a bit of the national debt owed the banks for all that illegally printed money. A huge chunk of tax revenue today (up to 75% of taxes) goes directly to the banks as interest payments.
Plank Five: Make the nation pay for What it Buys When it Buys It
You want to buy a tank, Mr. Army? Want to build a spy satellite, Mr. CIA? Want to build a highway or dam, Mr. Congressman? Use the money you actually have in hand from tax collection, or you can’t have it. Don’t even think about writing legislation you can’t finance from taxes. A balanced budget with ZERO National Debt should be the law of the land. This also means that Social Security funds must be reimbursed and payments updated to reflect where they should have been prior to the looting process (SS is its own plank.)
It does NOT mean that you raise taxes to buy something you can’t afford at the moment. Since taxes are collected DAILY, the Congressional ‘checkbook’ has an income stream against which you may write legislative checks as you need them. Live within your means, Congressmen. Emergency funding for dire circumstance is handled by borrowing from the banks only to the extent that payments are clearly within the ability to pay from the monthly income stream. So I suppose the fat bankers can still sponge a bit off government, but it would in such a case also be to the advantage of government and to the people, where as currently there is only the one winner at the piggy trough.
Plank Six: End the Alphabet Soup Intelligence Agencies
The TSA, DOJ, FBI, DEA, CIA, NSA, DOD, DIA, HSA, etc., etc. represent a top heavy superstructure of spying on Americans that MUST stop. I’d rather completely fire all these people and deal with the aftermath of villains running amuck than put up with the crap I’ve seen first hand as victim of endless COINTEL PRO style targeting (of myself and my clients). This is the number one source of fear of government in America, exactly as it was in the Soviet Union before their revolution.
But that extreme is not required. Cleaning house, redefining goals, and placing checks-and-balance style limitations on them will, in most cases, be a good fix. In some cases, like HSA, NSA, CIA, the housecleaning will be so significant that they may feel like they were done away with, but their root defined core jobs will be left in tact. In other cases, redundancy is found to exist and that can be eliminated, and in yet others, there is simply no just purpose not better served by some other means. This plank would be a literal death warrant for any candidate so proposing, I’ve been repeatedly told. I mean assassination. So what does that tell you when U.S. Citizens fear their government such they believe it would assassinate civilian politicians to preserve status quo?
Plank Seven: Give the Indians Back Their Land
I would offer to the stoic Tribes of American Indians complete responsibility and control of all Federal Lands not used as military reservations. This would end the BLM, Fish and Wildlife, and assorted other agencies, and place forested and wild lands, national parks, and other lands in the care of the people who loved it most, and took far better care of it than have we. Much of the current budgets of these agencies would go to the Indians to fund that management. They would be required, of course, to allow free access to public lands, but empowered to stipulate rules of use to insure the lands were not fouled or abused. They would inherit the resources and manpower of the aforementioned agencies as tools they may freely mold and reshape as they see fit. All treaties would be rewritten to undo prior treacheries as well as could be managed, the new lands being added to their reservations under joint ownership, but useful to their communities to include relocation and new settlements. I would not intend Casinos or industrialization of the type now all too easily approved on these lands, or other uses not now allowed, but all other good use to the Tribes would be their right.
Plank Eight: End Corporate Personhood As it Exists Today
Not quite an ending… but I’d move to make corporations more like real people. For one thing, that means they have a life time to live, and a means of producing children to survive them. At the end of their life, their children (spin off corporations) carry on the same family name, clients, products and services. Like real people, they also must be held accountable for their actions with real impact to the corporation as well as its Boards and Officers, and in a manner consistent with the same acts if committed by a real human. Toward the end of longevity (say 100 years), a corporation would split into one or more sub corporations (children), which would give all employees who ever worked for the corporation, even if just for one month, a pro rated share equal to their contribution in labor to be credited toward stock OPTIONS at the prior value of the original firm when they were FIRST hired. Over time, ownership falls more and more to employees and less and less to moguls and block stock investors.
By such a scheme retirement programs might be eliminated, providing a nest egg for retirees without increasing corporate obligations over time, and the ‘children’ would gain fresh funding for a growth spurt during their formative years. I would seek controls of Boards of Directors which prevent the same men from sitting on multiple Boards in a manner which puts too much control of a sector into too few hands. I would end the revolving door; seeking a ten-year waiting period for government personnel before allowing them to work for firms in any sector in which they held a position of related service in government, and in like manner disallow any member of an industry to serve as more than advisor to government, certainly not as administrator in any government oversight of that industry’s affairs. To be hired by a firm as a former government employee, and vice versa, should be based on expertise born of their experience and not clout and pull still in place with staffs remaining in recently vacated offices. Period!
Plank Nine: Establish a Free Press and Transparency in Government
Currently there exists a kind of de facto partnership in America (and a mirror situation in other ‘free’ countries) between the Military, Industrial, Intelligence, and Media sectors… forming MIIM, the Military-Industrial-Intelligence-Media complex. Media is controlled by a small handful of individuals who are largely in bed with the other sectors. At one time (at the time of the friendly fire shoot-down of flight 800), all three major television networks were outright subsidiaries of military contractors, which is why they fired any reporter who said anything on air about friendly fire.
Currently, there still remains employed within media, which includes the entertainment and advertising sectors, thousands, if not tens of thousands, of CIA and other agency personnel, to include military proponents serving as mouthpieces for the very undue influence President Eisenhower warned of when he left office (listen carefully to his Farewell Address video and you will see that he warned us about almost everything these planks address). This was a direct outgrowth of CIA Operation Mockingbird, and only the tip of the current iceberg.
If a means of insuring that ownership has no impact on editorial and reporting departments cannot be easily found, I’d just as soon provide equal funding to alternative underground news sources. All employees who were government shills would need to resign or face charges of treason if uncovered after the fact, because disinformation is treasonous in any government of the people, by the people, and for the people. Thus media must have good access to government, and government must be frank with media. While national security can make it important not to reveal the full truth of a given matter, lies should never be national policy, at home, or abroad. Even an enemy MUST know we are truthful that they not misread our intentions, and we should never betray a friend by a lie, especially our best friends, our very own citizens.
Plank Ten: End Foreign Aid and Foreign Policy as We Know It
Foreign Policy and any resulting aid should be about helping those in time of great need. It should be about bolstering defenses of weaker nations against predator nations. It should be about encouraging free Republics and free enterprise (not Democracy, and not capitalism or free trade – there are significant differences). It should be about bootstrapping struggling nations that they might become financial and social partners in World building (not New World Order building). It should be about assuring health and wellbeing of human kind ((not the wellbeing of the big pharma firms), and done regardless of race or political creed.
It should not be about politics, fat military contracts, or quid quo pro deals for fat cats. Israel is a strong, wealthy, proud, and fully independent nation. Mutual defense agreements, yes. Arms sales at competitive prices, yes. But the billions must stop flowing to them and other nations as a means of buying loyalties, funding MIIM, and aiding the march of the NWO. You don’t buy friends and good neighbors, you build good neighbor relationships and cement friendship by actions, by standing by them in a time of need, and by being fair. You don’t take food out of your own children’s mouth and give it to the neighbors when they have their own.
Plank Eleven: Fix Health Care and Confront Pharma
Step one is to forbid Pharma to advertise to the public. Doctors, perhaps, via medical journals. This will lower prescription prices. Step two is to forbid insurance companies from forcing deductibles or co-pay minimums at term start, which effectively eliminates the poor from getting health care even when they have insurance. I myself have insurance which I and my children cannot use for this cause. Step three is to stop the fat-cat billing schemes inherent in Medicaid and Medicare which allow hospitals and doctors to rake in tons of money for outrageous charges and unnecessary procedures. These need to be replaced with a monitoring system that rewards discovery of overcharges and excessive billing.
In my own extended family I can cite countless thousands of dollars in endless examples both at private practice and hospital levels. Step four is to establish government oversight, which will never work unless the FDA and CDC is eliminated and replaced with a body that protects the people rather than the corporations. Step five is to FULLY investigate the origins of HIV, Avian, and other man made virus,’ including Cancer, and to ALLOW alternative medicine cures to be explored.
Step six (step one, really) is to shred Codex Alimentarius, Agenda 21, and related NWO efforts. GMO crops should be illegal unless passing stringent tests by outside agencies. Currently, it seems, no GMO crop could pass such a test and represent a greater long-term health threat than the Black Plague. A Congressional investigation of Monsanto actions is in order.
Plank Twelve: Fix Agriculture and Immigration
Step one is to make it illegal for any firm to control more than 15% (or some number which assures competition still thrives) of a food supply or aspect of production and distribution — no monopolies such as enabled by GMO and Agenda 21. Step two is to enforce current labor laws against employers instead of focusing only on illegal workers, which would tend to make illegal migrant emigrants less of a an issue. Step three is to naturalize all current illegal aliens who can pass minimum tests for language, non criminality, and health, and simultaneously truly seal the borders and evict all who do not pass the standards. Step three is to allow conditional work visas for would-be emigrant migrant workers based on a system of work demand vs. worker supply such that if non emigrants will take the jobs, they may more easily do so without competition from illegals. Step five is to stop teaching mainstream courses in multiple languages in our schools. You must know English to go to school, where if you wish to learn a second language as its own course, you may do so. So if you want to be a migrant worker crossing the border, learn English first or leave your kids behind.
Plank Thirteen: Stop the RFID Technology Threat
If you do not understand the nature and threat which Radio Frequency Identification Devices represent to your personal liberty, then you have not read my books or been paying good attention to the Web. I suggest you can ‘catch up’ by listening to my Webinar interview with Republic Magazine… about 32 minutes into the interview. The one simple way to stop RFID as a threat is to simply require them to be removable or destroyed at point of purchase, and that all such product be prominently labeled.
Plank Fourteen: Stop Canamex COLD, Kill NAFTA/CAFTA and Job Exportation
This is a broad topic beyond the scope of usefulness in this (already too-long) an article. I would simply repeal or renegotiate the agreements in place and write Canamex out of existence. See my blog post on Lion Dance, or request my free newsletter on Canamex for an eye opening explanation of why this is a critical step; email proparanoid at comcast net.
Plank Fifteen: End the Drug War and decriminalize illicit drugs, empty the prisons.
America, with a population on par with Europe, has a half million people behind bars for drug related matters, more prisoners per capita in this one category than most other nations have for all crimes combined. It is a fake drug war prosecuted by a CIA front agency (the DEA was founded by top CIA operatives) as a tool to protect illicit drug sales by sanctioned CIA conduits. It forces the price (and profits) artificially high, and fosters a prison-based economy to the delight of corporate greedsters. Take away the criminality and replace it with treatment, and it will cost our economy one tenth as much, boost GNP, and make it less profitable for Cartels and CIA alike. Pushers stay in jail, users walk.
Plank Sixteen: Fix Voting and Census
The Census is very critical to certain functions of government, including Districting for voter representation and the voting process. But the Census can be done in a way which is not invasive and a violation of privacy, and is kinder to those less disposed to cooperate. The solution is similar to a solution I have in mind for fixing the less-than-trustworthy voting system. These solutions are too complex to fit a paragraph or two, but essentially decouple raw information from the identity of the individual after a simple verification process, which is to say, that in the passing of information, identity verification simultaneously dissociates the information with the individual. Additionally, a verification process facilitates the individual’s ability to verify their vote or census material was correctly tallied and attributed as intended, all the way up the ladder to the final tally. The general method may be loosely described as being similar to certain email encryption schemes involving keys in possession of both the sender and the recipient.
Plank Seventeen: Get at and Expose the Truth
JFK, RFK, MLK, Peltier, Riconosciuto, Christic Institute’s Secret Team, Mena, OKC, Waco, S&L, CIA/DOD mind control, MJ-12 and UFOs, and above all, 9-11 and the Derivatives Scam. Conspiracy theories, my a**. If the official facts are in conflict with themselves and defy reality and/or logic, but are accepted and tendered as truth, that is a kind of proof of a cover up, and any time you have a cover up, it is automatically a conspiracy as a matter of fact. It therefore justifies further investigation by independent and unbiased participants. Truthers will out.
Plank Eighteen: End Globalist Traitor Domination of Government(s)
You cannot be a patriot and serve fellow citizens in office if your true allegiance is to a Globalist agenda which would seek the end of national sovereignty. An oath of political office should include declaration of non alliance, affiliation, membership, or sympathy for the goals of Globalist organizations such as the Bilderbergers, Tri-Lateral Commission, Council on Foreign Relations, Skull and Bones, and the like. To violate the oath would make one subject to prosecution and imprisonment.
Plank Nineteen: Kill the Military-Industrial-Intelligence-Media Complex
While this has already been addressed in part above, I would additionally want every black operation and military and intelligence project currently in works or previously undertaken reviewed. Where such operations were deemed either in support of a New World Order or in support of MIIM profiteering or power grabs, all persons associated with it at management level would be subject to investigation and possible prosecution for treason.
Plank Twenty: Fix Social Security
This is easy to do. As we see in planks 3 and 4, funding SS as it was intended will be quite doable, with additional help by easing of government costs resulting from many of the other planks. Further, plank 8 gives employees of corporations a built-in retirement program vastly superior to SS, and thus SS obligations now active would be come locked in or ‘grandfathered,’ but it would become a voluntary program at each new employment opportunity. Further, I would enforce the law regarding SS numbers and force the elimination of all electronic data and forms outside of the Social Security Office of said numbers. It has no place in credit reports and other records.
Plank Twenty One: Explore an alternative to Daylight Savings Time; Social Time
Our highways are clogged, unemployment is high, classrooms are crowded, stress is high. A long list of such social complaints can be offered. I propose a review of what I call Social Time, presented here in oversimplified explanation; a work day definition is cut to seven and a half hours paid, plus another hour for lunch and breaks, but the bulk of social infrastructure both private and governmental would be expanded from ‘a day’s work’ to a full 24 hour work cycle. That would mean, with broad participation (voluntary for the most part), that businesses and agencies would be open at all hours, which would dramatically reduce volume of client traffic at any given hour and spread it out somewhat evenly over the whole clock.
This would allow some reduction in manpower needs on an hourly basis, yet often provide new jobs to support the extra hours. As time progresses, the work day for an individual would start 90 minutes later each day, thus revolving everyone through all twenty-four hours over the space of just under a month — 14 times a year. We would not need to build more schools to reduce classroom crowding, or more transportation systems to handle population growth, etc. GNP and employment could only benefit, and make the country more competitive. Part and parcel of this idea is to END PART TIME EMPLOYMENT loopholes for employers who don’t want to offer benefits. EVERYONE GETS BENEFITS, but under the various planks outlined above, the cost to employers for benefits will decrease.
Plank Twenty Two: Establish True Redress and an Initiative Process
Whistleblowing shall not be punished. Lawsuits against government for violation of rights or constitutional violations shall be funded by government. In balance, should government win the case, the costs will fall back to the plaintiff. Any citizen can propose a law for consideration in a process similar to that found in several states, such as Oregon. If such proposed law meets constitutional tests, is written to legal requirements, well defined and stated, and can earn popular support (signatures of citizens who so support), it can be sent to Congress for debate and possible passage. In Oregon, the law goes to the ballot for vote by the people, as does all legislation proposed by State legislators. See next Plank on how this might play at a national level.
Plank Twenty Three: Review of possible Constitutional Change from Republic to Advocated Democracy
Especially where initiative process (prior plank) is in play, the use of the Internet could allow, with careful creation of safeguards as also addressed in earlier planks, a way to allow the people to vote on Bills rather than Congressmen. This would be an Advocated Democracy, where elected Representatives (the Republic style) would instead merely propose or debate initiative proposed laws. This would be broadcast and each citizen would then decide to vote for or against the legislation. No more pork barrel, no more bribed Senators, no more fat cats, no more buried language, no more end-run legislation. Just pure simple will of the people.
Plank Twenty Four: End Non Consensual Testing on unwitting subjects, and use of Political Control Technology (PCT)
Last but perhaps foremost in terms of being close to my heart. While current laws prohibit non consensual testing or use of weapons, drugs, and procedures on citizens, there are far too many loopholes which allow it to take place. In my books I cite countless examples, and as consultant I work with victims of it every day. Worse, the very agencies established for the purpose or which otherwise have authority to enforce such laws, are compromised by intent or by lack of training and resources, not to mention handicapped by their very belief structures. It is a sin that Police, for instance, automatically presume one crazy for hearing voices in their head when it is a known fact that CIA and Department of Defense has spend billions to develop technology which allows anyone to be targeted with such experiences, generally with the express purpose of discrediting the target by making them seem mentally imbalanced.
I’ve already proposed language for laws which properly address this topic, and submitted them in written testimony to the Massachusetts State Legislator when they were considering such a Bill. Currently, the military and CIA are developing new PCT faster than we can learn of it, generally under the guise of antiterrorism and funded through Homeland Security. It is a joke to presume that any of this technology can in any way prevent terrorism. It can only enable political control of the population, and nothing more.
- The Best: Tracking You and Your Family Just Got a Whole Lot Easier (whiskeyandgunpowder.com)
- How Roosevelt Sold Us to the Higher Bidder: the Federal Reserve (myvoice2012.wordpress.com)
The NWO Class War on the Non Elites/Professionals
The NWO Class War on Non Elites: The Temp Agencies
by H. Michael Sweeney,copyright © 2011, ProparanoidPress, all rights reserved permissions to reproduce by request to pppbooks at comcast (net) Class War Dateline Portland, OR Oct 12, 2011 Class War
If you are not an Elite, watch out, as even professionals can find themselves out of work and victim of Class War.Class War
Official unemployment figures are unreliable because they deliberately stop tracking people who no longer draw unemployment insurance payments, and people who do not qualify drop off the list the same month they are reported. How we, as a nation, allow government to cook figures in such a way so that they may continue in power, is beyond me. Since you are reading this, I’m presuming you are not quite that dumbed down by media.
They do this, of course, so we won’t know how bad things really are. Here’s how bad they really are: Portland, Oregon, a population of about 1.8 M, had a total of 300 new jobs listed with the State Employment Offices for (as I recall, June of 2011). The official chart shows UE at 9% in June (6th vertice), which means about 150,000 people were competing for 300 Jobs!
If everyone applied only for one job, that’s 500 per job. But its worse than that, because over half the jobs require specific skills in the Medical industry or other technical disciplines which decreases the opportunities for those without the needed skills.
The unemployment stats seem to be improving in the chart, by the way, not because more people are going back to work, but because more people are dropping off the chart than are being laid off. But none of this is what motivates this article, it is merely background information. I’m not even motivated to write this not because I’ve suffered the Class War depicted herein as related to unemployment issues, even though I have.
No. I’m motivated because my balcony overlooks a portion of parking lot for one of those low-rent Temp Employment joints. You know, the kind of place where the unemployed go to stand around like illegal immigrants waiting for a farmer’s truck to drive by and choose workers for the day. As distasteful as the image sounds, it is very close to the mark for those who rely on such sources for meager opportunities to earn a little money. Its really another example or clue regarding the very real Class War being waged by the NWO against anyone not of their ‘ilk.’ And again, as distasteful as the image sounds, that’s not the worst of it, and not my motivation.
The motivation stems from observations made both from the balcony, and by talking with those found in the lot and within the office. There are two aspects. One is what I see them do, and one is what I hear them say.
Here is what I see them do:
• Live in their cars, junker vehicles typically on the edge of being mistaken for scrap. Cars that have plastic over busted windows, no working heater, no working starter, a door that can only be opened from the outside, missing fenders, hoods, bumpers, you name it. The NWO wars on the poor with taxes, fines, and fees on automobiles, as well as safety, environmental, and insurance regulations which are weighted to impact the poor more seriously than the rest of us.
A single moving violation can wipe them off the face of the earth, as if they can’t afford the $300 minimum, they lose their license, and if caught driving suspended, their car is towed and lost forever, as they cannot get it back without their license.
• Sleep overnight in the parking lot in sleeping bags they hide, along with the backpack or shopping cart out of which they are living, behind the building. There seems to be some kind of ‘honor’ among them such that those who do not get to work watch over the goods of those that do… most of the time. The NWO wars on the homeless by systematically ‘cleaning house’ on their camps as discovered, taking their possessions and throwing them away as trash, and often arresting, roughing up, harassing, or forcefully ejecting them from the community. The idea is to make some other community more attractive, we might presume. I’ve talked to some who say they have been routed out of a dozen cities or more, in some cases the very night they arrive.
• Urinate and defecate in the lot, as it is too far to make it to the nearest gas station or restaurant when pressed, and most of them have already been kicked out of those establishments as ‘non customers,’ given that they can’t afford to buy anything most of the time they need to use the facilities. Every few days they risk being thrown out and use a public restroom to ‘bath’ themselves in the sink, and once a month, perhaps, if it can be afforded, toss one of their two sets of clothes into a laundromat’s machine. The NWO wars on the homeless by placing profits of their consumer outlets above the most basic humane considerations most people would afford an animal.
Unless you are my age, you may not be aware: they actually had to pass a law to force restaurants to offer water to non paying customers. Despite this, they can get away with charging for the paper cup if a fast-food joint.
• Show up hours before the place opens; those lucky enough to have homes or places to crash will want to be next in line after those who slept there overnight. Many walk or ride a bike, some take the bus if they can afford it. A few have cars. It seems to be a first-come, first-serve matter when the jobs available require no skills, which is almost all that is made available through these kinds of low-rent places.
Just as the illegal alien migrant workers are oppressed into perpetual impoverishment by the farmer’s methods of employment, the NWO’s oppressive Class War simulates that method in the nature of temp agencies. They sell hope, they deliver crumbs, and of course, take a portion of the wages for themselves that would not be lost if the firms would simply advertise the job directly. Ah, but that would mean actual hiring, wouldn’t it, and that would mean some level of benefits would need to be paid.
• Everyone will wait endless hours. Since there is little room inside, most sit on the curb, the fender of their car or in it, or bring their own chairs. By two or three PM, it is clear that those remaining (typically more than half) will get no work for the day, so they leave to forage for bottles and cans on the road, or do whatever else they do to survive. I shudder to think, but the Police, a primary tool of the NWO, will surely hassle them whenever they see an opportunity. Again, they would like them to consider some other community a better choice.
Here is what they say:
• Less than one in ten is drawing unemployment. They therefore ‘do not exist’ in government unemployment statistics. Vanishing the problem this way is a War tactic, because if no one knows there are victims of a War, no one will protest the War and insist it be ended. There is no useful reason to lie so harmfully beyond this. Judge your civilization by how civilized it is toward the unfortunate.
• Most of them have mouths to feed which is why they try so hard for so little. Bless them and love them for not turning to crime. At best, they tend to work 1-3 days a week, but suffer those statistics because they are TOLD and they hope and pray for a chance to be ‘hired’ by the company for whom they will be a temp if they can just get a shot at it.
That is an illusion. Statistically less than one in ten will be asked to hire on as an actual employee. The NWO corporations are more and more relying on part time and temp workers because they get to avoid paying benefits and retirement programs, one way they War on the lower classes.
• More than half have health problems which will likely never be addressed until they keel over and someone calls an ambulance. While perhaps 15 percent may have insurance benefits, they cannot afford the copays or deductibles. That, too, is by NWO design, as almost all insurance programs are set up so only people with money can play, and others stay away, even when forced to keep up the premiums. That is a whole other blog post, because there is a lot to talk about, there.
• Only about one in four admit to being homeless due to bad choices in life, such as gambling, drinking, or crime and punishment, or divorce or other personal matters gone awry. Of the balance, most blame the Banks and Commercial Credit, the financial debacle, and the economy as having made it impossible to keep their home. That is the NWO war at its finest.
And when Obama came to give help, how did he do it? Did it give money to allow these people to get back into their homes? No. he gave money to the very banks that evicted them… and he gave money to others still in their home to help pay those banks. Everyone else gets the pavement or, if they haven’t lost them, their cars. Welcome to the cold night of political reality, now please leave town because we don’t want you here if you can’t pay anymore money to the banks and other NWO businesses (syndrome).
I’m sure there are more upscale Temp Agencies (bigger) who will hopefully be able to offer a better snapshot than the one presented. But they cater to the more skilled workers, the ones who should be holding good paying jobs, but who, through the Temp process, will earn less than minimum wage for the year. The ‘upscale’ nature of it does not improve the picture all that much, it only increases the money they shave off the wages.
As for the low end of the spectrum, I find it troubling that there are two such Temp agencies within walking distance of my home, some six blocks apart. There 120 temp agency offices in the greater Portland area according to City Search, so close together in some cases you can’t see them on the Map (core area shown).
The Occupy Wall Street (and everywhere else) people have it right. Anonymous even has most of it right (one can argue about ethics of hacking). The Truthers have it right. Most activists have it right. I urge you to join them when the opportunity arises. If you are waiting for things to get better, I have news for you:
YOU are what you’ve been waiting for.
- Laurie Penny: This is a class war disguised as a generation war (independent.co.uk)
- Is There Really a Looming Global Class War? (genomega1.wordpress.com)
- Obama’s off-target class war (politico.com)
- Wall Street Protests (robertlindsay.wordpress.com)
- 6 Ways the Rich Are Waging a Class War Against the American People | The 2012 Scenario (lucas2012infos.wordpress.com)
What the Federal Reserve Has Cost You Personally
Posted by Author H. Michael Sweeney
This article will help you estimate the (%#@!) huge numberby H. Michael Sweeney Copyright©2012, all rights reserved. permissions to reproduce by request only to proparanoid at century link net
Shut down the fed
Note: If you oppose the FED, you may wish to review the 24 Presidential Campaign Planks proposed to specifically cure the problem with respect to the FED, the National Debt, Tax, and how money should be printed.
Beginning of the End
The Federal Reserve Bank System (the FED) was established in 1913 by some serious international con artists who used deceit, lies, and disinformation to trick Congress into approving it. The FED is indeed a privately held corporation run for the significant benefit of the banks as well as some ‘tricky-dicky’ (a bribery, of sorts) benefits to legislators and the President, also at citizen expense. When I say ‘banks,’ I mean three kinds.
1) The big New York banks and big European International banks reap huge reward, as they were the ones who established the FED and thus get to be the first to feed at the trough. They control it, not Congress. Like any private corporation, they have a Board of Directors and a functional CEO. Sure, they listen to the President and Congress for input on what they are might SHOULD do, but in the end, they DICTATE what they will do and sell it to government as a ‘cure’ for whatever sparked their input.
2) Next comes the International Monetary Fund (IMF) and World Bank, which are creations of these same bankers, in partnership with other globalist interests from the likes of the Bilderbergers, Council on Foreign Relations, Trilateral Commission, the Club of Rome, modern Illuminati all say some (me included). Despite their flowery and sugar coated statements about what they do, they work no differently than the FED member banks to profit at the expense of everyone else.
They get a goodly go at the trough because Congress now allows the FED to print US currency for their exclusive and seemingly limitless use in addition to all the money Congress asks them to print. So, in effect, the U.S. Currency has become a de facto ‘world currency,’ but not to make the dollar stronger, because it actually weakens it through inflation over which Congress has little to say. And you and I pay the interest on it all. It’s called The National Debt, and your IRS tax payments largely go directly to the bankers to help repay it (but it will never be paid in full, as it is impossible to keep it from growing larger).
3) Finally comes all other American Banks, who get minimal benefit but who get all the regulation and dictates the FED chooses to supply, policies designed to stifle small bank growth while encouraging the New York/International banks of the first group to grow even bigger. THIS, by the way, is exactly the OPPOSITE of what the FED was originally created to do, the opposite of what they claimed it would do in order to gain Congressional approval. In short, they lied, and this post will tell you all about that.
Shut down the fed
Undue Banking Fees:
Because it is a Monopoly controlled by the heads of the various key banks who sit on the Board of the Federal Reserve, they make it less profitable for the lesser banks; forcing them to charge more for banking services, which in turn allows the big New York and International banks to do the same, the difference being the Fed banks enjoy a greater boost in profits under FED policy. But this is a mere annoying pittance compared to other costs, and we will not include it in your personal cost calculations. That said, there is this one instance I’d really like you to take a look at, because it is quite symptomatic of banking abuse, and because I’m hoping you will contribute to a fund to provide relief to the family the article discusses.
Shut down the fed
It is neither Federal, nor a Bank
Even when the FED sets extremely low interest rates, it translates to Usury (excessive) interest costs to those who borrow from the bank. Why? Under the same laws which set up the FED, banks were allowed to loan out more money than they had in the vaults, at a ratio of ten loaned dollars for every dollar they had. You deposit $100, and they loan $1000. The payment on that being $100 a month, lets say, meaning they then loan out yet another $1000 each month. But where did that extra $900 in money come from, and the $900 after that, and so forth?
This money, which keeps going like some grand pyramid scheme as long as borrowers keep coming forward and payments keep coming in… DOES NOT EXIST. It never existed, and will not exist until you pay it back over time from your income. It was created out of thin air out of nothing and becomes real only by the sweat of your brow (you are a ‘debt’ slave producing money for the banks). But it even gets better than that for the banks.
When you get the loan, they credit their books with the fake money, and debit your account with a charge of the value of the loan, and give you a check. You can’t easily use that check to buy a car or house, so you deposit back into the bank so you can write your own check for the purchase. The deposit of the loan money shows as a credit to both your account and theirs, at least until your check for the purchase clears, at which time they are effectively reversed. In the meantime, they can loan $10,000 more on your $1,000 loan, and yet again every time you make a payment, they can loan yet more to create another slave and a whole new pyramid of loans that will result. Pyramid upon pyramid.
So in essence, you and tens to hundreds or even thousands of other persons are paying interest on the same original $900 worth of money created out of nothing, and the money loaned, and the money paid back. The bank was never at risk of their own money (it was your $100), and yet will be earning tons of interest for nothing and nothing on nothing and nothing on nothing on nothing, again and again, and yet again. THAT is Usury, and some State Laws which forbid Usury have been successfully used to stop foreclosures because the banks were unable to prove they had any risk for which to justify interest charges or harm as defined by breach of agreement to pay. It is a hard case to win, but it has been done.
The upshot on Usury? For most folks about 17% of their income goes to such interest charges. We will be using that information later. No need to calculate anything, yet. S
Shut down the fed
1964 Scranton Jobless Protests
In my case, I’ve been unemployed because of financial chaos due to FED control (inflation/recession cycle, one begets the other) for a total of 8 years in my life. The use of the formulae herein compensates for that in terms of ‘would have beens,’ but the actual earnings computed thereby are in error by an incalculable sum due to the simplified methods employed.
If you are like me, you may therefore wish to add in an estimated ‘unemployment cost,’ at the end based on some other, arbitrary sum. There are two ways unemployment impacts the number you will wish to reflect upon. The obvious is lost wages, but if you use the math suggested, that will be compensated for automatically. But while unemployed, both you and your would-be employer were not paying into your retirement funds as required by the Social Security Act, and any special employer provisions for other retirement programs. You may wish to consider that when we get to the section on lost retirement income.
Shut down the fed
Inflation (a hidden tax):
The sneaky benefit to government of the FED is that they can print money anytime they want to fund anything they want without actually having to pay for it with a new Tax Bill. That’s why the same rats tend to get reelected, because unless they vote to raise a tax, voters tend to give them little mind and presume them doing their job. Of course of late, a lot of voters are realizing that the other reason to get upset is when Rats don’t read Bills and vote them in only to find them unconstitutional, taking away our freedoms, and bringing us closer to (fill in the blank and please review these links, here: communism, socialism, fascism, police state, martial law, armed revolution, etc.).
Start with the first year you were an independent citizen wage earner living on your own. Hopefully you remember your hourly wage or how much you made a year. Multiply your hourly wage by 2,200 (hrs. in a typical work year) to approximate a year’s earnings, or just jot down your annual wages. We won’t even bother with overtime wages, unless you wish to fudge on the 2,200 figure because you have always had a lot of overtime. An annual figure would naturally include it already.
Go to the inflation calculator and see what that wage equates to, today. Example: in 1971 I earned $3.25 hr., or $7150 a year, which equates to $38,056, today. Get your answers, and then continue…
But wait. In my most recent pay hike I earned $14.25 an hour, or $31,350 a year. For most of us, we are earning less today than we should compared to the information at the calculator. This is our clue something beyond mere inflation is afoot, and we need to compute and identify what it is.
So subtract the two and we get $6,706 — income lost this year in wages over what the inflation calculation indicates we should have been making. Multiply that times the number of intervening years and divide by two and you end up with the (approximate) total cost of inflation to your earnings capacity — because all those pay increases you got over the years were increasingly worth less and less than their face value. In my example, its $137,473, which I’ll refer to later as ‘lost income.’
Now if you were lucky, you managed to earn a heck of a lot more in pay hikes over the year, so you may end up with a negative number. Great for you, at least until we figure the rest of it out… because the more you earn, it seems, the more it costs you in the end. So run the calculation, anyway, and jot down the resulting negative number so you get an accurate final answer.
Next go to the gasoline historical price chart and see how much gas cost that first year you worked (use the blue line). In 1971 it was 36 cents a gallon(!) Now gasoline is not a true indicator of inflation because it is also subject to forces of supply and demand, and some of you may be protesting my wishing to use it. I have a reason:
Many things we purchase such as the real estate sector also do not see their pricing held to the inflation standard, either, and are less determined by supply and demand than they are by control of interest by the FED. Real Estate, especially, which is a major portion of one’s budget even if a renter, is a so impacted. As it happens, most sectors’ price fluctuations tend to follow that of the price of gasoline in at least a general way. So bear with me please, as gasoline is the only easy-to-use baseline indicator that allows us to address all inter-related phenomenon across multiple sectors. It is at least going to get us into the ballpark.
Subtract from that first year’s gas price from today’s price at the pump ($3.50 here) to get the inflated price of gas. Next, in order to use gas prices as an indicator and factor we can use to compute its impact, we need to normalize that figure based on $1 worth of gas in the starring year, which means we need to compute a multiplier, a ‘factor.’
To do that, divide the original price into one dollar to get your factor (.36 into 1.00 = 2.78 – you could have bought 2.78 gallons). If the original was greater than $1, your factor will be a fractional part (e.g., 1.75 into 1.00 = .57 gallons). Now, THAT figure is the cost in inflation for a single dollar spent on gas, at today’s price. I’m saying it also is generally representative of all money’s spent for anything. Since it also impacts the value of money in savings, it applies to pretty much everything you’ve ever earned, because every cent you’ve earned has been spent on something, even if just savings (you were buying future money).
So finish calculating how much you’ve earned, which generally will be quite well approximated by going back to our earlier calculations and adding the first years earnings to the last years earnings, multiplying by the number if years between, and dividing by two. For me that’s $7,150 + $31,350 = $38,500 x 41 = $1,578,500 divided by two = $789,250. Never made millionaire, did I? Few of us did, or will.
To this figure we should now add back in the ‘lost income’ figure from the earlier section. $789,250 + $137,473 = $926,723 in ‘inflation adjusted income.’ Damn. Still not a millionaire!
Now multiply that times the computed gasoline factor to see the inflation cost for goods and services (and savings) over the lifetime. $926,723 x 2.78 factor = $2,576,290. Well, looks like, thanks to the FED, that I SHOULD have been not just a millionaire, but a multi-millionaire!
Yes, I know… that figure is more than we earned, isn’t it? Don’t worry, it will make sense when we sum it all up, which follows our final calculations:
Shut down the fed
Back to Usury
Now its time to add in the Usury figure (17% of our income); we multiply the above total by 1.17 to get $3,014,259. That difference between that number and your actual income of record is how much the banks have indirectly benefited by your gleeful participation in their little credit scam put over on the Federal government, and citizens, alike. That is what it actually cost you for your share of their profiteering.
In my case, I subtract the $789,250 (my actual life’s earnings), for a cost of $2,225,009. And 80 cents, but who’s counting. The FED certainly hopes YOU aren’t counting, and Congress, too, for the matter. Because if you did, you might feel like sparking some sort of major reform that started with getting rid of everyone in D.C., as well as the Fed. Occupy might end up being who sits in Congress, at least until the National Guard showed up.
Problems with my math?
If you were sharp, you probably have come up with an objection to my reasoning regarding the 17%. Sure you can argue that some of that money (interest on debt) did NOT go to banks at all, but went to other sources like oil companies, manufacturers and retailers who extended us credit, and even to taxes… but don’t forget each one of them in almost every case, to earn your purchases, borrowed from the bank to build their product, factories, and finance doing business.
Like you, they had to pay it back. Which is exactly what the taxes are for.
Regarding taxes, bear in mind that the bulk of all tax revenue goes directly back to the Federal Reserve to pay them interest on the money they print, which is nothing more than an I.O.U. from government to the FED. All of it remains Usury, and your 17% went to cover that one way or the other, as did that of businesses. Oh, excuse me. I forgot. The BIG corporations, the ones who tend to be run by Boards with financial officers who come from the banking industry… tend not to pay ANY taxes. So that’s another way you and I get the shaft by the FED, I suppose. But it does not change the equations or reasoning used herein, it simply makes it less possible to ever repay the National Debt.
Shut down the fed
Lost Purchase Power:
And, as stated, this huge total is not how much money you ‘spent,’ because it equals far greater than you even earned. But IT IS HOW MUCH VALUE IN TODAYS DOLLARS YOU’VE LOST IN PURCHASE POWER. If there had been no inflation, no Usury (and you did not borrow, but paid cash) and you continued to get those pay raises in an economy largely free of inflation and recession, your income would be the same as we adjusted for, and possibly higher (one can so argue, because in a healthy economy, raises are more frequent and tend to be bigger).
We need to restate that, because it can be confusing.
YOUR PURCHASE POWER for a given dollar would have remained more steady and be more like what it was way back when, which in TODAYS dollars, would buy you that larger figure in purchasing power. You would truly have an improved standard of living based on wealth (not merely improvements in technology), instead of what you really have, which is an illusion of a better standard wrought only by technological benefits, but dampened by a diminutive purchasing power.
Put yet another more pictorial way, you would be driving a sports car, a motor home, an SUV, and a pickup truck, have a nice boat and mooring, and a luxury home AND retirement home, both well furnished – instead of an apartment and a three-year-old family car. Everything would be paid for and you would have significant cash in the bank. There would be extremely low taxes by comparison, as well, because there would be no National Debt and therefore no interest for government to repay. There would be elected officials in government responsive to the people, not slaves under control of banks and corporations.
Shut down the fed
Lost Retirement Income
If you are currently retired, the math herein points to many ways you are likely enjoying a smaller monthly retirement income than you would be enjoying otherwise. If not yet retired, you have that to look forward to with displeasure. The topic is far too complex to include in the formulation as there are too many kinds of retirement incomes, but the two which deserve our dialog.
are Social Security and Stock investment plans as part of a corporate retirement package over and above Social Security (IRA and Investment Funds, etc.).
Investment funds because, in the FED induced cycles of inflation/recession, all these forms of investment have suffered significant stock valuation losses. In a way, these in turn actually drive the cycle to wilder extremes and amplify the problem (e.g., a large institutional investor in the education sector may be forced to raise tuition, or a manufacturer to lay off employees and close a plant). So this form of investment is significantly impacted, especially in this last financial meltdown and the FED’s response to print trillions to give to banks ‘too big to fail.’
As for SS, had not the FED increased the National Debt so much beyond any hope of repayment, Congress would never have had need to dip into the SS reserves you and I paid into the fund for our retirement, and it would therefore now actually have money sitting there WITH EARNED INTEREST, and our checks would be significantly larger than they are now. As it stands, we will already earn less than we put in, unless we live well beyond the expected lifetime and they don’t pull the plug on payments altogether, as they keep discussing as a ‘viable option.’ Yeah, do that and find out how many senior citizens own guns, me thinks.
So feel free to compute a number by whatever means you wish for your losses to retirement income, if you like, and add it in, as well.
Shut down the fed
Add it all up
THAT is your cost for the FED. The only think perhaps missing is the medical bills you will pay from the Coronary you have reading this, or the repairs to your car and your body from the bullet holes gathered trying to crash into the nearest Federal Reserve Bank to get your money back. Uh… don’t try that unless perhaps filming for the next Jackass movie.
You now work nearly half the year to pay your fair share in taxes. It won’t be long before you work year ‘round’ and still lose ground. Tennessee Ernie Ford, a famous Country star of decades gone by had a number one hit song about financial slavery born of the early coal industry in the Appalachians. It seems like the best way to end this piece; Sixteen Tons:You load sixteen tons what do you get Another day older and deeper in debt Saint Peter don’t you call me ’cause I can’t go I owe my soul to the company store
Shut down the fed
Oops! One last cost, not financial
If, like me, you choose to go public with your protest of the Fed, you will be joining the ranks of an elite group of troublemakers who pay yet another price: You will get on a list of people to be watched by the FED Cyber Police. They don’t really have a ‘Police,’ but they apparently feel themselves above the Law and have sought to establish a Cyber unit to track the doings on line of people who criticize the Fed. Here is their actual Request for Proposals on how to do this.
Presumably, at some point, they will have Congress deem us terrorists (too late, actually… they’ve already done that). So perhaps instead they will expand the NDAA powers and allow not only the Military to vanish or assassinate us, but also the FED. Come on, Obama, your banking friends need just a little more of your (unlawful, tyrannical, fascist police state) power.
But what am I saying? The FED has more money than… well, even exists, it seems. They don’t need Congressional empowerment. They can afford to pay contract hit men, cyber thugs or gun totting variety. The Mafia does it and gets away with it, mostly. The CIA does it and gets away with it, entirely. The Military now does it and gets away with it, Obamaly. I’ve even heard accusations that the FBI has, empirically.
All I have to say is (expletive deleted) FED, your days are numbered shorter than mine. Take your best shot.
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Posted in Abuse of Power, Conspiracy, Crime, Education, Entertainment, History, Political Commentary, Unemployment
Tags: audit the fed, banks, Bilderberger, Club of Rome, communism, Congress, Council on Foreign Relations, end the fed, Fascism, Federal Reserve System, gas price chart, inflation, inflation calculator, International Monetary Fund, Martial law, real estate prices, recession, revolution, Rockefeller, Ron Paul, Rothchildes, round table groups, socialism, taxes, Trilateral Commission, Unemployment, United States Congress, Usury