Serpo
26th May 2013, 08:50 PM
By Jim Willie (http://www.silverdoctors.com/tag/jim-willie/), GoldenJackass.com (http://www.goldenjackass.com/)
The Fascist Business Model came into vogue in 2001. The merger of state with the largest of corporations, primarily the big banks, the big defense contractors, the big news media networks, and the big pharmaceuticals, has created a choke-hold around the neck of the nation, without 5% recognizing the function of the model during the strangulation in progress. The merger with the deeply corrupted corporations in power became standard fixtures following the 911 attacks, an elaborate self-destruction of the fundamental structure of the nation and its priorities by the syndicate. Think a massive elaborate bank heist of gold bars, bearer bonds, and diamonds, but such discussion belongs in other venues. Let it be said that the events of September 2001 were the syndicate coming out party and the Patriot Act their Nazi Manifesto, with painfully little recognition of events by the sheeple masses or the subservient press talking heads. The national socialists are back in force after a 70-year hiatus, with far more toys and devices. Their telltale signals are bank welfare and a flag wrapped in a cross with unending press coverage of terrorism. During the last twelve years, financial treachery and banking criminality have run rampant in a true global spectacle, their stock & trade. However, treachery with permitted bank and bond fraud, rigged financial markets, naked short ambushes, flash crashes, and lawsuits that convert criminal procedures into standard low business costs all have resulted in profound consequences.
The entire world has reacted, with some significant momentum having been generated in the last year. Back in 2009, repeated in 2010, the Jackass had stated that the nations who are first to move toward a non-USDollar system will thrust themselves into a global leadership position while at the same time permit a recovery from the cancerous fiat currency system led by the USDollar as reserve currency flagship. A basic tenet, the security forces are given more power when security is undermined, even if violent events are perpetrated by the security agencies themselves in great spectacles. The Western nations really truly sincerely need a wake-up call on reality, and it is coming as a paradigm shift with shock waves. But consequences have a way of developing out of natural systems in reaction. Some scientific types call it Newton’s Law. Others call it the order of natural systems. The Jackass preference is to call it a defensive maneuver motivated by the survival instinct, whereby the cancer or pathology is isolated, trapped, then suffocated and extinguished, left to die on the vine or shed like bad skin.
TREACHERY, FRAUD, PROTECTION
The collection of treacherous practices, most of which emanate from the myriad USGovt offices, have invited stern reaction by the global players. These diverse treacherous practices, often implemented by the Wall Street banks and their ring leader the US Federal Reserve, have invited stern reaction by the global players. The broad cover for treacherous practices, provided protective cover by the USGovt regulatory agencies, have invited stern reaction by foreign nations in a powerful response. The disintegration of the financial foundation built of USDollar steel beams and USTreasury Bond cement blocks has been crumbling and collapsing for the last four years, ever since the Lehman Brothers failure and the integration of Fannie Mae & AIG under the USGovt roof, where their $trillion frauds are kept deeply hidden in the shadows and basement. While the Manhattan Made Men continue to attempt to hold things together, they struggle mightily, lacking sufficient fingers and toes to plug the vast leaky dikes. In response to predation and treachery, the rest of the world has not only been undergoing reaction, they have also been developing the reaction into organized structures. The main victim has been trust and security, for money, bonds, and bank accounts. All property not nailed down is at deep risk. The current wave of treachery and fraud follows the last wave, where most Americans saw their home equity vanish, many foreclosed and jettisoned from the homestead. The public should harbor no trust, while clinging to suspicion toward the leadership crew that undermined security with its own hands.
The list of acts steeped in treachery is long. The reactions are impressive. When viewed as the mosaic for actions coming to pass, the global response is indeed formidable. The micro events are important in their own right, as each hilltop must be retaken and restored. The macro events are what will en masse change the world, as a Paradigm Shift is underway. The United States and its fascist allies are not in control. They will not find a path to retain or regain control. They have no solutions. The most powerful element of the shift has been the movement of gold wealth from Western locations (New York, London, Switzerland) to Eastern locations (China, Russia, Singapore, Taiwan, Hong Kong). Most residents of the United States, the United Kingdom, and Western Europe are in shock, constantly distracted by the sweeping disruptive events led by a) unstoppable government deficits, b) the powerful crumble of sovereign bonds, c) the ruinous insolvency of the banking systems, d) the relentless reign of tax terror, and e) the tragic decline of the underlying economies. The West is sinking in a sea of fecal soup, stirred with the toxic paper spew, infected by the rot of acidic corrosion, weighed down by absent legitimate solutions, exploited by criminal activity in high offices. The treachery has brought on powerful consequences. The Western lords are being deposed. They can appeal for squire posts to the East, or else they can wreck the globe. The biggest question is whether new trade devices will win out over the chosen Western fascist predilection toward wider war, release of more virulent viruses, more obvious slavery pens, and louder propaganda.
MEGA-ACTION & MEGA-CONSEQUENCE
Break the Gold Standard of Bretton Woods Accord: The action has wrecked the entire global financial system, the destruction a slow burn. The banking leaders are caught in a monetary vise where monetary policy is stuck with ZIRP (0% forever) and QE to Infinity (endless bond monetization purchases). A constant wrecking ball has been applied to the capital structures. Deep damage has come to the financial markets from lost trust, vanished integrity, and no semblance of proper value. The world reacts by searching for a USDollar alternative, since the removal of the Gold Standard has crippled the world and permitted widespread fraud. The new standard will usher in the new Gold Trade Standard. Many are its forces. Many are its motives. Many are its devices. A picture says 1000 words. Observe the Concentric Rings of Death, the great implosion of the USDollar and fiat currency. The rebirth of the Gold Standard will be based in trade settlement, not the banking and currency systems. A grand sidestep is being undertaken under heavy risk. The West controls the banks and FOREX mart. The East has been controlling trade, the emerging economies who finally stand up to demand a voice, even a hand in architecture. They are learning new ways, building new roads, forging new paths.
http://silverdoctors.com/wp-content/uploads/2013/04/Willie1.jpg (http://silverdoctors.com/wp-content/uploads/2013/04/Willie1.jpg)
ACTION & CONSEQUENCE
Quantitative Easing which is bond monetization: The action has unleashed hyper monetary inflation, known better as hyper monetary inflation by another less euphemistic name. The action constitutes a systematic undermine of assets held in reserve by angry foreign governments in the macro sense. The action debases the USDollar currency, in effect all currencies since they defend by competitive devaluations. Central banks around the world must debase their currencies, or else face economic hardship from lost export trade. The reserves held by governments, including sovereign wealth funds managed by government ministries, all lose value from the inflation effect by the USFed actions in debasement. The consequence is immediate. Eastern nations make decisions to diversify out of the USTBonds, the main US$-based vehicle. They have stepped up their accumulation of Gold bullion in reserves and wealth funds. They seek to discharge the USTBonds, and return them to sender. The owners of PIIGS sovereign debt can simply issue a sell order. But foreign nations must send USTBond back to their criminal underwriters and destructive central bank overlords. They must deploy more elaborate plans, like the Russians & Chinese building the Eurasian Trade Zone, who finance its infrastructure with USTBonds, sending the toxic bonds to London for digestion, then burial.
QE bond monetization which is pure inflation: The action is hyper monetary inflation, which works efficiently to cause rising prices in the broad micro sense. The design is to raise asset prices in a beneficial way by naive desperate hack architects. The reality is that the capital structures face severe threats. The deeply felt effects have been engrained in rising cost structure, shrinking profit margins, widespread job cuts, and powerful recession pressures within local economies. The stupidity is compounded by austerity measures, which would have had a positive effect 20 years ago, or even 10 years ago. Now they are a death spiral assurance. The consequence is simple survival. The world reacts by searching for and developing a USDollar alternative, a new standard upon which to build viable strong enduring systems with the requisite price stability. The Eastern nations work toward a new trade settlement system which will no longer see USTBonds paper chit exchanged for real goods, either bulk commodity and finished products.
Western central banks talk in empty terms about an Exit Strategy: The action is constant 0% in place (ZIRP forever) and endless bond monetization in redemption (QE to Infinity). No lessons have been learned by the Japanese monetary corner suffered for 22 years. In summer 2009, the Jackass called the Bernanke Fed a liar, after the pervasive deceptive talk of an exit strategy. They have none, proved each year. The consequence is that Eastern nations band together for a bonafide real Exit Strategy, as the vast array of nations, many led by the emerging economies giants, will depart the USDollar since the American toxic merchants and fraud kings cannot. The banking and FOREX standard out of the West has been the USDollar, steeped in longstanding hegemony. The trade settlement standard out of the East will be Gold, steeped in rebellion. The two fronts will clash for a monetary nuclear war.
Iran sanctions within the banking system: The story is such poppycock of Iran developing nuclear weapons. They have no weaponized plutonium. They have no missile delivery systems. What they did that was so objectionable was to sell energy products (crude oil & natural gas) outside the USDollar system. Such actions are considered usage of financial devices of mass destruction. The Saddam Hussein regime in Iraq committed the same banker sin. The sanctions are coupled by pressures against the UAE trade artery toward Iran, and pressures against the Turkish gold market working as intermediary to keep the Iranian supply chain filled. The usage of bank SWIFT code bans and lost credentials for Western banks that cooperate with Iran have backfired in a grand way. The resulting reaction in consequence is astonishing. The Iran sanctions have done more to galvanize the entire Eastern nations into workaround devices and elaborate platforms which are coalescing into promising emerging global systems. The Eastern reaction has brought about a global initiative to develop a workable USDollar alternative, but centered in trade. The Gold Trade settlement is the center piece. Its device platforms include the BRICS Development Fund. Its proving ground is the Eurasian Trade Zone.
LIBOR price fixing revealed, bank derivative fraud made public: The action has permitted the world to observe how the foundation of the entire Western banking system is a deep fraud. Worse, the world is able to observe how no prosecution, no justice, and no remedy will be pursued for banker crimes. The LIBOR and derivative frauds are the next to final exposure to happen. The effect is a stench, a vast distrust across the entire banking system and bank derivative product pricing. The big bank profits are all an illusion based on lies and price rigging. The reaction in consequence is a pervasive perception of a corrupt system in need of replacement, and a willingness to work toward legal avenues. The reaction will be distrust of all asset prices and profound confusion. The reaction will be a vast writedown of wealth in bank failures and financial firm failures.
http://silverdoctors.com/jim-willie-bank-runs-bullion-bank-runs-to-climax-soon-in-the-us/#more-25970
The Fascist Business Model came into vogue in 2001. The merger of state with the largest of corporations, primarily the big banks, the big defense contractors, the big news media networks, and the big pharmaceuticals, has created a choke-hold around the neck of the nation, without 5% recognizing the function of the model during the strangulation in progress. The merger with the deeply corrupted corporations in power became standard fixtures following the 911 attacks, an elaborate self-destruction of the fundamental structure of the nation and its priorities by the syndicate. Think a massive elaborate bank heist of gold bars, bearer bonds, and diamonds, but such discussion belongs in other venues. Let it be said that the events of September 2001 were the syndicate coming out party and the Patriot Act their Nazi Manifesto, with painfully little recognition of events by the sheeple masses or the subservient press talking heads. The national socialists are back in force after a 70-year hiatus, with far more toys and devices. Their telltale signals are bank welfare and a flag wrapped in a cross with unending press coverage of terrorism. During the last twelve years, financial treachery and banking criminality have run rampant in a true global spectacle, their stock & trade. However, treachery with permitted bank and bond fraud, rigged financial markets, naked short ambushes, flash crashes, and lawsuits that convert criminal procedures into standard low business costs all have resulted in profound consequences.
The entire world has reacted, with some significant momentum having been generated in the last year. Back in 2009, repeated in 2010, the Jackass had stated that the nations who are first to move toward a non-USDollar system will thrust themselves into a global leadership position while at the same time permit a recovery from the cancerous fiat currency system led by the USDollar as reserve currency flagship. A basic tenet, the security forces are given more power when security is undermined, even if violent events are perpetrated by the security agencies themselves in great spectacles. The Western nations really truly sincerely need a wake-up call on reality, and it is coming as a paradigm shift with shock waves. But consequences have a way of developing out of natural systems in reaction. Some scientific types call it Newton’s Law. Others call it the order of natural systems. The Jackass preference is to call it a defensive maneuver motivated by the survival instinct, whereby the cancer or pathology is isolated, trapped, then suffocated and extinguished, left to die on the vine or shed like bad skin.
TREACHERY, FRAUD, PROTECTION
The collection of treacherous practices, most of which emanate from the myriad USGovt offices, have invited stern reaction by the global players. These diverse treacherous practices, often implemented by the Wall Street banks and their ring leader the US Federal Reserve, have invited stern reaction by the global players. The broad cover for treacherous practices, provided protective cover by the USGovt regulatory agencies, have invited stern reaction by foreign nations in a powerful response. The disintegration of the financial foundation built of USDollar steel beams and USTreasury Bond cement blocks has been crumbling and collapsing for the last four years, ever since the Lehman Brothers failure and the integration of Fannie Mae & AIG under the USGovt roof, where their $trillion frauds are kept deeply hidden in the shadows and basement. While the Manhattan Made Men continue to attempt to hold things together, they struggle mightily, lacking sufficient fingers and toes to plug the vast leaky dikes. In response to predation and treachery, the rest of the world has not only been undergoing reaction, they have also been developing the reaction into organized structures. The main victim has been trust and security, for money, bonds, and bank accounts. All property not nailed down is at deep risk. The current wave of treachery and fraud follows the last wave, where most Americans saw their home equity vanish, many foreclosed and jettisoned from the homestead. The public should harbor no trust, while clinging to suspicion toward the leadership crew that undermined security with its own hands.
The list of acts steeped in treachery is long. The reactions are impressive. When viewed as the mosaic for actions coming to pass, the global response is indeed formidable. The micro events are important in their own right, as each hilltop must be retaken and restored. The macro events are what will en masse change the world, as a Paradigm Shift is underway. The United States and its fascist allies are not in control. They will not find a path to retain or regain control. They have no solutions. The most powerful element of the shift has been the movement of gold wealth from Western locations (New York, London, Switzerland) to Eastern locations (China, Russia, Singapore, Taiwan, Hong Kong). Most residents of the United States, the United Kingdom, and Western Europe are in shock, constantly distracted by the sweeping disruptive events led by a) unstoppable government deficits, b) the powerful crumble of sovereign bonds, c) the ruinous insolvency of the banking systems, d) the relentless reign of tax terror, and e) the tragic decline of the underlying economies. The West is sinking in a sea of fecal soup, stirred with the toxic paper spew, infected by the rot of acidic corrosion, weighed down by absent legitimate solutions, exploited by criminal activity in high offices. The treachery has brought on powerful consequences. The Western lords are being deposed. They can appeal for squire posts to the East, or else they can wreck the globe. The biggest question is whether new trade devices will win out over the chosen Western fascist predilection toward wider war, release of more virulent viruses, more obvious slavery pens, and louder propaganda.
MEGA-ACTION & MEGA-CONSEQUENCE
Break the Gold Standard of Bretton Woods Accord: The action has wrecked the entire global financial system, the destruction a slow burn. The banking leaders are caught in a monetary vise where monetary policy is stuck with ZIRP (0% forever) and QE to Infinity (endless bond monetization purchases). A constant wrecking ball has been applied to the capital structures. Deep damage has come to the financial markets from lost trust, vanished integrity, and no semblance of proper value. The world reacts by searching for a USDollar alternative, since the removal of the Gold Standard has crippled the world and permitted widespread fraud. The new standard will usher in the new Gold Trade Standard. Many are its forces. Many are its motives. Many are its devices. A picture says 1000 words. Observe the Concentric Rings of Death, the great implosion of the USDollar and fiat currency. The rebirth of the Gold Standard will be based in trade settlement, not the banking and currency systems. A grand sidestep is being undertaken under heavy risk. The West controls the banks and FOREX mart. The East has been controlling trade, the emerging economies who finally stand up to demand a voice, even a hand in architecture. They are learning new ways, building new roads, forging new paths.
http://silverdoctors.com/wp-content/uploads/2013/04/Willie1.jpg (http://silverdoctors.com/wp-content/uploads/2013/04/Willie1.jpg)
ACTION & CONSEQUENCE
Quantitative Easing which is bond monetization: The action has unleashed hyper monetary inflation, known better as hyper monetary inflation by another less euphemistic name. The action constitutes a systematic undermine of assets held in reserve by angry foreign governments in the macro sense. The action debases the USDollar currency, in effect all currencies since they defend by competitive devaluations. Central banks around the world must debase their currencies, or else face economic hardship from lost export trade. The reserves held by governments, including sovereign wealth funds managed by government ministries, all lose value from the inflation effect by the USFed actions in debasement. The consequence is immediate. Eastern nations make decisions to diversify out of the USTBonds, the main US$-based vehicle. They have stepped up their accumulation of Gold bullion in reserves and wealth funds. They seek to discharge the USTBonds, and return them to sender. The owners of PIIGS sovereign debt can simply issue a sell order. But foreign nations must send USTBond back to their criminal underwriters and destructive central bank overlords. They must deploy more elaborate plans, like the Russians & Chinese building the Eurasian Trade Zone, who finance its infrastructure with USTBonds, sending the toxic bonds to London for digestion, then burial.
QE bond monetization which is pure inflation: The action is hyper monetary inflation, which works efficiently to cause rising prices in the broad micro sense. The design is to raise asset prices in a beneficial way by naive desperate hack architects. The reality is that the capital structures face severe threats. The deeply felt effects have been engrained in rising cost structure, shrinking profit margins, widespread job cuts, and powerful recession pressures within local economies. The stupidity is compounded by austerity measures, which would have had a positive effect 20 years ago, or even 10 years ago. Now they are a death spiral assurance. The consequence is simple survival. The world reacts by searching for and developing a USDollar alternative, a new standard upon which to build viable strong enduring systems with the requisite price stability. The Eastern nations work toward a new trade settlement system which will no longer see USTBonds paper chit exchanged for real goods, either bulk commodity and finished products.
Western central banks talk in empty terms about an Exit Strategy: The action is constant 0% in place (ZIRP forever) and endless bond monetization in redemption (QE to Infinity). No lessons have been learned by the Japanese monetary corner suffered for 22 years. In summer 2009, the Jackass called the Bernanke Fed a liar, after the pervasive deceptive talk of an exit strategy. They have none, proved each year. The consequence is that Eastern nations band together for a bonafide real Exit Strategy, as the vast array of nations, many led by the emerging economies giants, will depart the USDollar since the American toxic merchants and fraud kings cannot. The banking and FOREX standard out of the West has been the USDollar, steeped in longstanding hegemony. The trade settlement standard out of the East will be Gold, steeped in rebellion. The two fronts will clash for a monetary nuclear war.
Iran sanctions within the banking system: The story is such poppycock of Iran developing nuclear weapons. They have no weaponized plutonium. They have no missile delivery systems. What they did that was so objectionable was to sell energy products (crude oil & natural gas) outside the USDollar system. Such actions are considered usage of financial devices of mass destruction. The Saddam Hussein regime in Iraq committed the same banker sin. The sanctions are coupled by pressures against the UAE trade artery toward Iran, and pressures against the Turkish gold market working as intermediary to keep the Iranian supply chain filled. The usage of bank SWIFT code bans and lost credentials for Western banks that cooperate with Iran have backfired in a grand way. The resulting reaction in consequence is astonishing. The Iran sanctions have done more to galvanize the entire Eastern nations into workaround devices and elaborate platforms which are coalescing into promising emerging global systems. The Eastern reaction has brought about a global initiative to develop a workable USDollar alternative, but centered in trade. The Gold Trade settlement is the center piece. Its device platforms include the BRICS Development Fund. Its proving ground is the Eurasian Trade Zone.
LIBOR price fixing revealed, bank derivative fraud made public: The action has permitted the world to observe how the foundation of the entire Western banking system is a deep fraud. Worse, the world is able to observe how no prosecution, no justice, and no remedy will be pursued for banker crimes. The LIBOR and derivative frauds are the next to final exposure to happen. The effect is a stench, a vast distrust across the entire banking system and bank derivative product pricing. The big bank profits are all an illusion based on lies and price rigging. The reaction in consequence is a pervasive perception of a corrupt system in need of replacement, and a willingness to work toward legal avenues. The reaction will be distrust of all asset prices and profound confusion. The reaction will be a vast writedown of wealth in bank failures and financial firm failures.
http://silverdoctors.com/jim-willie-bank-runs-bullion-bank-runs-to-climax-soon-in-the-us/#more-25970