Bernanke Admits The Obvious

The Fed chief's second day before Congress was rife with doublespeak and, quite frankly, it sounds like he's scared. Beginning with his comments that it's not inflation, but maybe stagflation, Bernanke shrugged of the notion that were seeing a repeat of the economic woes of the 1970's.

Compared to the 1970's, today's economy is downright scary. Is Bernanke hiding something, is he trying to avoid a panic? I'd say a little of both, considering the ominous warning today that we can expect bank closings See Article Below.

What's scary are the indicators. Yesterday's mere mention of a rate increase sent commodities up and the dollar down. These same indicators are through the roof, it's the perfect storm for disaster.

Obviously there's some market manipulation going on, but it seems like the sheer inertia of world financial pressures are taking their toll, and it is now unlikely that the manipulation of asset and debt prices can cover up the obvious - the worlds greatest economists would know that the loosening of credit, the influx of fiat currency, and the selling of debt as an asset and using debt to sell debt would ruin the US economy.

In fact, Bernanke admits as much when he acknowledges that "in this case the consumer is taking the brunt of the effect,” Link To Article Here and these comments echo sentiments the Fed, former Fed Chairman Alan Greenspan, and others have been saying for some time, that the goal of US economic policy, as President Bush stated in 2003 is "the orderly decline of the dollar."

Of course the wealthy know what's happening to their money, and major investors such as Warren Buffet and Jim Rogers are quietly shifting their assets out of dollar backed investments.
For the rest of us, there's always bugs and bread lines.

Zeitgeist - The Movie

This is the best movie I've seen to date on the complete and total control that those in power have, to a greater or lesser extent, exerted over the rest of us. Be prepared to have your consousness peeled like an onion. This movie WILL change you, so be prepared. The link above is a bit torrent download. Or you can go to Google Video for a high quality streaming version.

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Fresh Assault On The US Dollar

Reading between the lines, I'd venture to say the economy is a lot worse than anyone is willing to admit. Even Burnanke seems to be using every turn of phrase possible to minimize the impact of his words, going so far as to claim that another rate cut will "support growth and...provide adequate insurance against downside risks." Excuse me? The last time I checked (today), the dollar was at historic lows against the Euro AP Article Here.

This isn't rocket science. More money in (digital) circulation makes the value of the dollar go down. Is this prudent? As I pointed out in the article below, the banks can't pay their bills. Birnanke is feeding the destruction of the American financial system and covering it up with sobering sound bites.

Citing "less favorable" economic forecasts, The Fed chief "suggest(ed) sluggish economic activity in the near term," required a further rate cut. What about inflation? Bernanke assures us that he realizes "the Fed must keep a close eye on inflation." Is he serious? To suggest that a rate cut has even a slight chance of non-inflationary results is preposterous. The prices for the most important commodities are all up. Grain (food), and power (driving, electricity) are up already. These are the basic meccesities of the average American. The dollar is at an historic low. These two factors represent a huge burden on the average American.

Add to that the comments by Greenspan to "de-peg" the dollar from the price of oil http://www.infowars.com/?p=464 , and it becomes clear, the Elite are ruining the dollar on purpose.

Bank Closings/Mergers/Bailouts - Signals of Doom?

While the press talks about "streamlining" the banking industry, and CEO's worry about "relationship management," the global financial markets are being further consolidated into the hands of The Elite. Within the last few weeks alone, an unprecidented number of banks are merging, others are closing outright, and bailouts and talks of bailouts are front page news.

Even Bank of America, the largest bank in the United States, quietly asked the Federal Government to protect the $700 billion plus mortgages that are at “moderate to high risk” of default within five years See Article Here. The fallout of the US sub-prime debacle is forcing banks to make tough decisions, and the results of any decision are bound to have serious implications for the economy. But what really stands out is the Ponzi nature of this situation.

Lets look at the banking industry. A bank, as a member of the Federal Reserve, place deposits with the Fed (our money) and the fed lends the bank an amount of money equal to ten times the deposits. Then the bank lends that money at a higher rate to its customers. Fractional banking ensures that member banks are obligated to go through the Federal Reserve in order to stay in business. The Fed can increase and decrease the money supply and the value of money.

The sub-prime mortgages issued by the member banks and their affiliates are merely loans the bank took from the Fed, so the Fed not only knows, but is fueling the ability of member banks to make bad loans. The Fed had to know the loans would go south because of the lack of any meaningful underwriting attached to them.

Why would the Federal Reserve violate its mandate to protect the solvency of the US money supply? The answer lies in the rash of mergers witnessed worldwide. Banks are becoming centralized. Even prior to the current mortgage situation, US bank mergers were underway. Now with the created emergency of the sub-prime mortgage issue, the Federal Reserve, and central banks worldwide, are in aposition to gobble up assets and control at fire sale prices.

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http://www.infowars.com/articles/economy/are_banks_in_trouble.htm

Ex-Congressman Questions Loss of Freedom

The rule of law is taking a serious beating in this land of the free, according to former Congressman Dan Hamberg. Echoing the sentiments of thousands of concerned American, Congressman Hamberg outlines exactly how the descent into total tyranny is at hand in America.

Later today, you can here him discuss his views on THE ALEX JONES RADIO SHOW. Tune in here.

Congressman Calls for New 911 Investigation

Six term Congressman Dennis Kucinich (D), of Ohio's 10th Districtic in the US House of Representatives, called for an investigation into possible insider trading relating to the attacks on 9/11/2001, on the Alex Jones Radio yesterday. Although mostly dismissed in the mainstream press, the Congressman is refering to a series of put and call stock options that occured in the days leading up to 9/11. Click Here for a complete analysis of the trades in question.

These trades are strong evidence of foreknowledge of the attacks, and there has never been an investigation regarding this activity. The Congressman's comments reinforce the need to fully investigate all aspects of the attacks of 9/11, and the specific allegations of foreknowledge and insider trading are strong indicators that the attacks were in fact, staged events.

Evidence of an "inside job" regarding 9/11 is overwhelming, and getting to the bottom of these trades will no doubt bring even more information to the surface. If Congresman Kucinich is able to bring forth a full investigation with the power to subpoena witnesses and compell testimony, then any information forthcoming that shows evidence of further criminal activity can be investigated by the same panel. If this were to occur, it would signal the begining of the end of Globalism and tyranny, and no doubt would result in a massive shift in the balance of power back to the People.

Global Warming is Man Made - Courtsey Of US Energy Department

Chemtrails. If you haven't heard of them, look up. Chances are your area is covered with these (mine is). Many will argue that these are contrails, the normal exaust trail of a jet. Contrails evaporate, in fact it's easy to see both contrails and chemtrails in the sky at the same time, making the comparison easy .

While the debate on the causes of global warming rages, the US Energy Department is saturating the sky with these ominous formations.

ARM, the DOE's Atmospheric Radiation Measurements program, relies heavily in aerosol as a medium for testing, and while the DOE never admits directly to putting chemtrails in the sky, their website states -

ARM is a multi-laboratory, interagency program, and is a key contributor to national and international research efforts related to global climate change. A primary objective of the program is improved scientific understanding of the fundamental physics related to interactions between clouds and radiative feedback processes in the atmosphere. ARM focuses on obtaining continuous field measurements and providing data products that promote the advancement of climate models.

This mission statement could explain both the purpose and results of chemtrails, namely that they are used to cause global warming. The Elite have been pushing the global warming mantra for years now, insisting that human actions have caused a dramatic and sudden increase in tempuratures worldwide.

Global warming's importance to the Elite cannot be understated, for they are using the (false) threat of human impact on the environment to push agendas ranging from a direct world tax to worldwide depopulation. Given that these efforts are repeated publicly over and over by those in power, more than a casual connection can be made between the chemtrails and the ARM program.

This DOE program, according to its website, has multiple fixed sites as well as a mobile facility. Obviously this is an important, well funded program, and is most likely handled at the cabinet level. The site also reports that they are interested in, among other things -


"aerosol and chemical transport in tropical convection"

"aerosol extinction-to-backscatter ratios "

"Aerosol Robotic Network "

"Aerosol and Ocean Science Expedition"

The list of terms on this site is extensive, and while much of the information is highly specialized, even the short list above is more than suspicious, given the obvious arosol-like nature of chemtrails. In fact, a search of the term "chemtrails" on the ARM website returns zero results.

Considering that whenever the government is mute on a subject they are hiding something, I'd say a strong connection can be made that the DOE is behind the chemtrails (at least here in the United States).

Police State Brutality

Within the last few weeks, law enforcement officers throughout the country have been video taped using exsesive force. While police brutality used to be the abberant behavior of a few rogue police officers, increasingly these incidence are becoming more common.

Compare that to the actions of the police during actual emergencies such as school shootings. These incidents routinely show that the police will stand down for as long as an hour before acting.

What we are witnessing is a public display of force designed to intimidate law abiding citizens while perpetuating a climate of fear. This is classic indoctrination. Joseph Goebbels would be proud.

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http://www.baltimoresun.com/news/nation/bal-te.amtrak19feb19,0,4062154.story

The Baltimore Sun reported that random Amtrak stations, including Baltimore, will now be subject to military-style police patrols carrying automatic weapons. Often patrolling with attack dogs, these officers will randomly pull passengers from the line for a security search.

Obstensibly to avoid a terror attack on a US passenger rail, these tactics are not designed to protect travelers. A terrorist would see the police activity and know that the next station down the line will not be secure due to the fact that these patrols are random. What this will do, however, is get people used to the idea that machine guns, attack dogs, random searches, and para-military operations on American streets are normal.

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http://www.baltimoresun.com/news/local/baltimore_city/bal-skateboarder,0,2375980.storygallery

This is a link to the Baltimore Sun website. The page summarizes, with links to each article, Baltimore Police Officer Salvatore Rivieri, a 17 year veteran of the department, who was recorded on a camera phone assaulting a 14 year old boy for skateboarding at the Inner Harbor, a ticketable offence.

This incident, posted on Youtube February 9, 2008, prompted another person to post a video of their run in with Officer Rivieri, A.K.A "Officer Dude."

Second Alex Jones Interview of Willie Nelson

Alex Jones, veteran journalist and activist, interviews Willie on 911, the President, and why he turned down the offer to have a highway named after him in Texas.